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Covered Companies
Legend Media Inc. - LEGELegend Media Inc. delivered 100% top line growth from 2008 to 2009. Here's what I really like about Legend Media Inc.... for starters, LEGE margins are huge. Legend Media Inc. only owned the radio time for about 8 months, and with the Q1 slow down only delivered about a 30% of the radio advertising to purchasers. LEGE still had gross profits of 45%. LEGE can increase sales considerably without having to add any inventory, and when they do both gross and net profits will go through the roof. FY '01 starts July 1 for LEGE, and Legend Media Inc. has formally forecasted $40 million in revs for FY'10- up from an estimated $11 million in FY '09. If LEGE can achieve their targets, it represents 263% growth. Unlike the US, consumer demand is growing rapidly in China. In case you can't read this chart, I'll fill you in. Domestic consumption was 10.8 trillion RMB in 2008. It is estimated to be 13 trillion RMB in 2009- 20% annual growth vs shrinking GDP in the US, and that's a slightly lower growth as compared to the past five years. It will accelerate again in 2010.
Quote Data![]()
Business Summary![]() Legend Media, Inc. engages in the development and management of a technology platform that deploys advertisements across its various advertising mediums in the People’s Republic of China. The company also builds a consumer advertising network focused on the Chinese radio advertising industry. It has a strategic alliance with China Radio International to manage, promote, and sell the advertising inventory. The company was founded in 2005 and is based in Beverly Hills, California.
Disclosure![]()
MarketByte LLC has been paid a fee of $50,000 cash and 1 million newly issued restricted shares for coverage of Legend Media by the company. The shares have become free trading under Rule 144. Larry Isen, principle of MarketByte LLC, received a fee of 40,000 common shares from Tapirdo Enterprises in 2007 for consulting work related to Legend Media. The aforementioned 40,000 are also eligible to be freely transferable under Rule 144.
Current Position as of 03/05/10: 690,000 Shares Total Dollars Liquidated as of 03/05/10: $97,203.51 Recent News Headlines![]() Mon, 1 Mar 2010 21:01:00 Etc/GMT Thu, 25 Feb 2010 21:01:00 Etc/GMT Mon, 22 Feb 2010 13:00:00 Etc/GMT Fri, 19 Feb 2010 18:04:35 Etc/GMT Tue, 16 Feb 2010 11:25:09 Etc/GMT Thu, 4 Feb 2010 13:30:00 Etc/GMT Tue, 22 Dec 2009 17:13:11 Etc/GMT Tue, 22 Dec 2009 17:13:11 Etc/GMT Thu, 15 Oct 2009 11:24:25 Etc/GMT Thu, 15 Oct 2009 11:24:25 Etc/GMT Mon, 21 Sep 2009 12:44:19 Etc/GMT Tue, 8 Sep 2009 21:26:12 Etc/GMT Wed, 2 Sep 2009 10:08:50 Etc/GMT Wed, 12 Aug 2009 12:30:00 Etc/GMT Wed, 5 Aug 2009 12:30:00 Etc/GMT Wed, 29 Jul 2009 12:30:00 Etc/GMT Wed, 27 May 2009 21:11:33 Etc/GMT Wed, 20 May 2009 13:06:42 Etc/GMT Fri, 6 Mar 2009 11:06:35 Etc/GMT Mon, 23 Feb 2009 22:31:36 Etc/GMT |
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