Here's something that seems to have been sent out today by Market DD. It was sent as a profile, which means the company (DVDT or its IR Group) apparently paid for it.
Someone has given a target range of 6 to 8 dollars.
As I was the intended recipient of this email, I understand that I have permission to forward it.
I apologize for its lousy format -- couldn't cut and paste any better.
Thanks RM for pointing out the Market DD site.
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Digital Video Display Technology CorpDVDT:OTCShares outstanding: 23 Million
Float: 4 MillionCurrent Trading Range: $1.50 - $1.75Target: $6 - $8
Contact: New York (212) 521-4075 Geneva (022) 707-6009
The 'DVD Juke System'
Take a unique high-tech DVD jukebox, strong management, the connections,
distribution channels and a high speed satellite network, mix it all
together and you have all the ingredients needed for one success story
ready to happen.
There are approximately 350,000 jukeboxes currently operating in the United
States alone, these are you standard coin drop operated machines... soon to
be extinct once DVDT's next-generation Juke box system makes itsappearance.
The company is creating the next-generation interactive, audio-visual
jukebox system that is set to revolutionize the industry and take it into
the next century.
Today's traditional jukeboxes play off a CD, a problem that commonly arises
is when there is only one popular song on a particular CD, the owner has no
choice but to place the entire CD in the machine, wasting money and storage
space. The DVD Juke Systems created by DVDT are connected through a high
speed satellite network and can update and replace information in a digital
format on the system hard drive. New songs can be downloaded to the Jukes
as they come out, a function that many potential owners will definitely be
interested in.
An added feature is the ability to connect TV screens to the system
allowing for music videos to be played. In addition, each Juke system is
also connected to the internet, from which users can interface with through
an icon display screen. Basically, the system serves as a satellite
"downlink" for distribution of high bandwidth audio and video content. The
content can also be transmitted, or "uplinked", from the Company's central
server to satellites, and then "downlinked" from the satellites to
satellite dishes stationed at each location.
If you do not have a dollar in your pocket to play your favorite song or
video, not a problem, the DVD Juke System allows for payment by cash,
credit cards, debit cards and smart cards. The company has future plans to
make available (by the third quarter of 2000) the function of being able to
'burn' your own custom CD at the Juke System. A user would select the songs
and copy them onto a CD on a fee-per-song basis.
The company is planning to have 20 prototype DVD Juke Systems in place by
January 2000 to conduct a test market in the New York metropolitan area.
DISTRIBUTION
The company's management has relationships with distributors who control
the jukebox industry, there are also verbal and written agreements with
certain distributors to market the DVD Juke System to the locations that
they service. As incentive for owners to install the DVD Juke System, the
company is offering all of the coin drop income from the system to the
owner and distributors.MANAGEMENT
Lee Edmondson, CEO, specializes in venture capital, management acquisitions
and strategic relationships in retail and multimedia companies. Over the
past two decades he has been involved with several kiosk and multimedia
companies. Since 1990 he has been involved with the development of a video
juke box kiosk research and development company. In 1998 he assisted in the
formation of Digital Video Display Technology and is responsible for the
formative activities of the commercialization of the products andbusiness.
Marilyn Haft, Executive Vice President and General Council. Ms Haft
specializes in business and legal affairs in the television, film and
multimedia industries. During the Carter administration, Ms. Haft served as
the Associate Director of the Office of Public Liason in the White House,
Deputy Council to Vice President Walter Mondale in the White House and to
top it off she was also the U.S. representative to the United Nations. More
recently Ms. Haft was a law partner of Tanner, Propp and Farber, a partner
of Fischbein, Badillo, Wagner and Itzler and of Council to Summit, Rovins
and Feldesman.The Marshal Firm
The Marshal Firm is an entertainment law firm located in New York City. The
firm is well known in the music industry and has been retained by the
company to obtain and negotiate licenses for music and music content for
the DVD Juke System. Some clients that turned to Marshal for advice over
the years include CBS Records, Atlantic Records, United Artists, PolyGram,
Bertelsmann, DreamWorks Records and Twentieth Century Fox to name but afew.
NeTune Communications
Netune will provide the satellite links and communications technology that
will allow the company to transmit content to each DVD Juke System.THE NUMBERS
DVDT plans to sell the Juke System to distributors for $6000 per unit. The
cost of producing one unit is approximately $3500, thus giving the company
$2500 initial profit per unit. The company already has commitments from one
distributor to buy 1000 units in the first year of operations. Once the
system is installed, the company charges $100 per month for content
updates, communication and remote management. Since the system is linked to
TV screens, sponsorship and custom content advertising are projected to be
another major source of revenue. The company is projecting additional
income of approximately $2.6M in the first year of operations from
advertising alone.
The following figures come from the company's Executive Summary:
'Financial projections forecast total income in year one of between
approximately $9 million and $23 million, depending on the assumptions used
in the projections, and net income of up to approximately $4.5 million. By
year five, the projections forecast total income of between approximately
$300 million and $600 million with net income of between approximately $108
million and $250 million.'Executive summary and Technical Analysis available at:
marketdd.com
Look for updated technical analysis at marketdd.com
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