Here is the updated Fact sheet re: KMGG incorporating the latest news releases:
KMGG - Kaleidoscope Media Group ($1.55/share)
KMGG home page: kmginc.com
KMGG Yahoo stock quote, profile, and News releases:
quote.yahoo.com
Kaleidoscope Media Group Inc. (OTC BB:KMGG, Frankfurt and Berlin
Exchanges:BNN) is a vertically integrated sports and entertainment marketing company with offices in New York, Los Angeles and Miami. Kaleidoscope Media Group's operating companies are Seagull Entertainment, Hollywood Connection LLC (direct marketing), Kaleidoscope Consulting and Kaleidoscope Sports.Current KMG sports properties include tennis, boxing, and fitness. KMG produces internationally recognized television programs including ''Tarzan'' (series), ''Team Xtreme'' (series), and ''Merlin: The Magic Begins.''
This company has extremely strong management. Henry Siegel began his career with Grey Advertising; he pioneered the concept of barter syndication when he founded Lexington Broadcasting Services. He has syndicated ''Fame,'' ''Too Close For Comfort,'' ''Tales From The Darkside'' and ''Baywatch.'' He then formed Seagull Entertainment in 1994 which syndicated ''Tarzan The Epic Adventures.'' In 1996 Seagull Entertainment merged with Kaleidoscope Entertainment which then merged with BNN Corp. and became a publicly traded company. biz.yahoo.com
Ray Volpe began his career with Doyle Dane Bernbach. In the 1970s he served as vice president of marketing for the National Hockey League, and then as the first commissioner of the Ladies Professional Golf Association. In the 1980s he launched Kaleidoscope after spending time as an independent television production and media consultant. His credits include The Skins Game, The MTV Awards Show and THE ESPY's. biz.yahoo.com
Just recently, Kaleidoscope Media Group enterered into the following new revenue producing future contracts. Most of their shows are being sold and aired this year, so earnings will be reflective of this in fiscal 1998. the company is profitable and has a clean balance sheet. The profile and financial information of this company can be found at the following link biz.yahoo.com.
All SEC Fillings can be found at this link :
edgar-online.com
and edgar-online.com
In November, after the 3rd quarter earnings were released, the CEO and director of the company hosted a conference call re: the company and the strategic direction the company is taking. To assist in due dilligence the repet of that 1 hour conference call can be listened to at the following number (at the time of the call the company was called BNN corp.):
1 800 458 7879 Code 102934
The stock trades overnight in frankfurt and Berlin under the ticker symbol
BNN. You can get the quote for these foreign exchanges from the following link:
finance.yahoo.co.uk*F&detailed=t
There is a large undeclared short position on this stock. This has been proven by the company and action has been taken. The company has indictated in the following press release that the stock has been illegally shorted and that the share certificates will be called in. As well, the company is determined to buyback shares and to eliminate the short position. An Senior stock exchange listing is being considered by the company and will also help eliminate the undeclared short position out of the stock:
biz.yahoo.com
This is a viable company with earnings, strong management, a variety of shows and revenue producing projects, a strong international and global reputation, and a strong staregic plan. This company is heading in the right direction. With the institutional investors getting into the stock early as evidenced by the intent by swiss brokerages and institutions to purchase up to 20% of the company (5.5 million shares, off which only 2.5 million were bought as at March 6, 1998 per the March 6th press release above), the stock has a strong support base.
Kaleidoscope Media Group Announces Notification of Intention to Purchase Shares and Appointment of New Director
biz.yahoo.com
The stock trades overnight in frankfurt and Berlin under the ticker symbol
BNN. You can get the quote for these foreign exchanges from the following link:
finance.yahoo.co.uk*F&detailed=t
The company is planning a listing on other foreign exchanges to reflect the global focus on the products and shows this company produces and is involved with. Of of their shows will and are being distributed globally as evidenced by the news releases below.
1a) Kaleidoscope Media Group Inc. - The New Adventures of Young Tarzan - Made for TV Movie in Development:
biz.yahoo.com
1b) Kaleidoscope Media Group & Redrock Team Up to Offer Package of Specials, Movies and Mini-Series:
biz.yahoo.com
1c. Kaleidoscope Media Group Agrees to Acquire Stake in Baywatch TV Series
biz.yahoo.com
1d. Kaleidoscope Media Group Obtains Exclusive Negotiating Rights for US Satellite Broadcast of Lennox Lewis Fights
biz.yahoo.com
1. Kaleidoscope Media Group Announces Beachport Entertainment Ice Fantasies International Success at NATPE
biz.yahoo.com
2. Kaleidoscope Media Group TEAM XTREME Firm Go for Fall 98
TEAM XTREME is an hour long drama about a team of extreme sports specialists based in the famous X2 lodges, Chamonix, France andSouth Africa. The show chronicles the adventures of the team as the fulfill their guests' sports fantasies. Production is set to begin in March.
biz.yahoo.com
otcfn.com
3. Kaleidoscope Media Group (KMGG) is offering ACADEMY AWARDS PREVIEW 98 a half hour special produced by KCBS-TV Los Angeles
and hosted by David Sheehan. The thirty minute special will bring viewers the personal side of front running contenders for the coveted OSCAR at this year's 70th Academy Award show. The show will be available to stations from Monday March 16 through Monday,March 23, 1998. It will feature some of Hollywood's biggest stars discussing their films, roles, and hopes of winning an OSCAR. Those stars include Dustin Hoffman and Robert DeNiro (''Wag The Dog''), Kevin Costner (''The Postman''), Michelle Pfeiffer and Jessica Lang (''Thousand Acres''), and Leonardo DiCaprio (''Titanic'').
biz.yahoo.com
4. KMG/Seagull to Distribute D.R.E.A.M. Team Series (The two hour movie and the series of 20 one hour episodes will premiere in the Fall of 1998.)
The series starring Ed Marinaro, of ''Hill Street Blues'' fame and most
recently NBC hit series ''Sisters,'' will begin production on location in
Puerto Rico in March. Marinaro stars as an ex-CIA agent who uses a modeling agency as a front for counter espionage and anti-terrorism organization.
''The D.R.E.A.M. Team'' is based in San Juan, Puerto Rico, and operates in a variety of locals from Mexico to the Caribbean, to the Brazilian rain forests.The team is comprised of super models from all over the world. They tangle with nuclear hijackers, environmental criminals, drug traffickers and terrorists. The action takes place in the jungles, on the beaches and the cities of Latin America.
biz.yahoo.com
5. KMG/Seagull Launches MERLIN: THE QUEST BEGINS AT NATPE (20 one hour episodes plus a two hour movie).
Territory deals concluded thus far are: Metropolis/Vision Plus for the Far
East, ACC The Entertainment Council for Germany, FR2 for France, Daro Films for Eastern Europe/South America, Worldvision/Pyramid Films for Russia, Associated Broadcasting Company for the Philippines, Antenna One for Romania, F2 Firmadios for Portugal, Lebanese Broadcasting Corp. for the Middle East, Lada Films (Videx) for Latin America, TV 3 New Zealand and Video Spoj for Czechoslovakia.
Jason Connery (son of Sean Connery) and Deborah Moore (daughter of Roger Moore) will portray Merlin and Nimus respectively. The series based on the Arthurian legend chronicles the tales of Merlin as a young man when he is first coming into his powers. The two hour movie was shot on location in Scotland. The production utilized authentic sixth century costumes, locations props
and sets including the exact replica of Stonehenge. The series will be shot in Scotland as well and will maintain the authentic sixth century ambiance.
biz.yahoo.com
otcfn.com
6. KMGG co-produces International Pay per view boxing matches and tournamenets such as BOXCINO and BOXASIA
7. KMGG will air the Hollywood discovery show in Europe in the Winter 1998. This show is a home shopping show with products from the HSN direct with special guest features by Hollywood celebrities.
kmginc.com
HSN Direct to Launch Hollywood Discoveries in the International Marketplace at NIMA:
biz.yahoo.com
8. ESPY awards
9. Crunch Fitness (Sports- 100 half hour shows)
10. Cyberfit - 30 half hour shows
kmginc.com
11. Project Snowflake (2 hour movie)
12. To Live and die...A woman (2 hour movie)
13. The Generals (2 hour movie)
14. Adventure Rio (26 half hour episodes)
15. In conversation With... (26 1 hour episodes)
16. Women's Professional Volley Ball Association (6 2 hour events)
17. The Golf Show (104 half hour shows)
18. The Air Shows (4 1 hour shows)
19. BoxAsia - coming soon
20. Outdoor life series (28 half hour shows)
etc... |
