Robert, I really, really like EBLD.
Got unduly knocked down from $3 3/8 after a PR snafu where they had to retract an errant press release (they signed a joint venture with Earthlink to provide a unique and innovative ISP service. Press release incorrect stated they expected 100,000 new subscribers per month, when it should have stated 100,000 after 6 months. Corrected press release should be out today.
Great web site at entertainmentblvd.com. They had several solid press releases indicating several strategic alliances they are building to improve the site and increase traffic and sales, including alliances with Intervu (to start using RealPlayer for streaming video, replacing VivoActive), Level 3 (which has increased speed), I-Fill/Valley Media (which will replace Amazon.com as source for record,DVD/CD sales, and will increase revenue and income 4-fold).
A couple of very major additions to the management team are expected to be announced soon (within weeks). Company has been in the process of acquiring a major web site, thought to be multi-media or e-commerce related, which should be announced soon. Company is also in the process of developing at least two additional sites, Stargram (http://www.stargram.com) and Netfomercial (http://www.netfomercial.com).
Obviously these guys have a whole lot of things going for them. If they accomplish half, they'll be doing very, very well.
Gator |
