The increased revenue was primarily a result of the Company's continued efforts to expand its marketing services and gaining new clients during the three-month period ended November 30, 2006. Stock Market Alerts is continuing to place investors on alert to monitor the progress of Financial Media Group! "We saw continued growth in our advertising revenue, which was a direct result of adding new customers during the first quarter," said Albert Aimers, Chief Executive Officer of Financial Media Group, Inc. "Over the last couple of months, the Company completed the acquisition of 'The Wealth Expo,' and launched www.mywallst.net, our all-new Financial Social Network. We expect both of these initiatives to bolster our near-term and long-term growth prospects. In addition, our advertising business, and brand recognition continue to remain strong."
Financial Media Group, Inc. is a diversified media and advertising company that owns and operates www.wallst.net, a branded financial consumer gateway that provides in-depth, original multimedia editorial content, up-to-the-minute business news, and comprehensive financial tools and data for investors. In addition to WallSt.net, Financial Media Group, Inc. owns and operates www.mywallst.net, the Web's first multimedia social network for the global financial community. Financial Media Group, Inc. also owns "The Wealth Expo," a leading producer of educational investor expositions that are held across the United States.
The stock closed Tuesday at $1.68 a share.
A profile of Financial Media Group is available at: http://www.wallstreettradingalerts.com/FNGP012307.html.
Other Stocks of interest yesterday were:
Yahoo! Inc. (NASDAQ: YHOO) down 1.6% on 44.8 million shares traded.
Yahoo! Inc. is one of the leading global internet brands and one of the most trafficked Internet destinations worldwide.
Lehman Brothers (NYSE: LEH) up 0.4% on 4.3 million shares traded.
Lehman Brothers an innovator in global finance serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide.
Energizer Holdings, Inc., (NYSE: ENR) up 10.8% on 2.9 million shares traded.
Energizer Holdings, Inc. is one of the world's largest manufacturers of primary batteries and flashlights and is the parent company of Schick-Wilkinson Sword, and one of the largest manufacturers of wet shave products in the world.
Wall Street Enews is a Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For Their Free Service, Visit www.qualitystocks.net.
The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Financial Media Group, Inc (OTCBB: FNGP). The compensation is fifteen thousand dollars from third party, QualityStocks.net, who may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
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