There has been a great deal of excitement surrounding our October
profile. Our research team continues to hear fantastic news from
company management and SOTM staff has been heard saying "our best
monthly selection ever!" We believe this company is managing an
idea that will literally make it explode with revenue. SOTM
proudly announces Generation Entertainment Corporation as our
October profile. (OTC:BB GNEN)
Generation Entertainment is a recently formed full service music
company. This hot new company with its recent acquisitions is
prepared to virtually explode into the entertainment business. The
most prominent acquisition is William "Bill" Craig. A veteran to
the entertainment industry and a world renowned music promoter,
Bill Craig possesses the fire that finds "hit" talent and promotes
them to the top of the charts. Michael Jackson, Barbara Streisand,
M.C. Hammer, Sade, Herbie Hancock, and the Pointer Sisters are
just a handful of the talent Bill Craig has discovered and
promoted. He has spent several years managing his own labels:
Copper Sun and Harvest Music. In attempts to broaden these labels,
Bill sold his assets to Generation Entertainment in exchange for
stock. With the capabilities to increase capital resources in the
public market, Bill Craig is ready to dominate the music industry.
Generation Entertainment acquired their second most valuable
resource through Bill's extensive experience in the industry. This
resource is their three national distribution contracts which are
the three agreements that will put CDs into stores. Once a CD is
recorded there is a tremendous burden and large risk factor in
selling CDs to retailers. With these three distribution contracts
GNEN has the leverage to move large volumes of CDs to the
distributor who in turn sells to retail outlets. Distribution is
part of Generation Entertainment's company defined three-step
process. The first step is to play selected tracks through
secondary stations that play into dense populations and to the
appropriate demographic. This is referred to as "building noise."
As noise is created, the exposed population is increased. During
this time Bill works with the distribution side, and he begins to
release the CDs.
The companies involved with these distribution contracts are M.S.
Distribution in Chicago, PPI (Peter Pan) of New Jersey, and EMD,
which is part of Capital Records. Bill has worked extensively with
these companies in the past, and they know his eye for talent.
Very few independent labels have been able to obtain distribution
contracts. The fact that these two independent labels, Copper Sun
and Harvest Music, possess these distribution agreements speaks
for Bill's clout in the entertainment industry. With the
distribution infrastructure in place and all channels for product
release open, GNEN is a rocket waiting to launch.
The third element that will lead to GNEN's success is their
artistic talent. Again, Bill is behind the wheel carefully working
with raw talent and using his experience and gifted eye to screen
artists who have the ability to become stars. Currently GNEN has
agreements with over 18 artists, and at this time the music
industry is spotting the light from a rising new star. Lavondra is
a new female R&B singer who has moved to #1 on the billboard
Bubbling Under chart with her fresh new songs and lyrics. Other
artists in GNEN's mix include The Chi-Lites, Analysis, Evil Minds,
and Vince Andrews.
So how does this break down into corporate performance and
shareholder value? Revenue will present itself in three forms. The
primary source comes from distribution. The wholesale rate sold to
distributors is $7.75 per CD. The distributors incur all costs
associated with the delivery of CD's, and subcontractors with whom
GNEN has already established agreements will handle the cost of
manufacturing. Another avenue for revenue is Promotion. As GNEN
expands its staff, other independent labels will contract GNEN for
distribution. Promoting fees of this sort typically range from
$75,000 to $100,000 per single release. The third source of
revenue is publishing and licensing. Radio stations must pay for
the right to play an artist's song, and companies will pay to use
these songs in advertisements. The major source of revenue will be
the $7.75 per CD.
SOTM believes that GNEN will accomplish the objectives of finding,
developing, and promoting talent which will result in the
achievement of the "Gold" status. For an album to go "Gold"
500,000 copies must be sold. Keep in mind that under Bill Craig's
promotional team, M.C. Hammer's first album sold 19 million
copies. Furthermore, Bill's track record proves that he has led
many, many more artists to this status. GNEN has their pieces in
position, and they are beginning to execute their carefully
planned strategy. GNEN is currently working on some very exciting
new contracts and is finalizing deals that will solidify their
position in the industry. We anticipate GNEN will continue to
release positive news and that future events will dramatically
increase shareholder value. Keep yours eyes open for this hot new
company and the exciting news to come!
For more information please contact:
GNEN Investor Relations at:
Toll free: 1-877-367-1010
Phone: 602-367-1717
Fax: 602-367-1818
Email: gecor@hotmail.com
Website: gnen.com
Investment in securities of relatively small and young
companies possesses significant risk. Only invest capital
that can be lost. Every investor works for the same goal,
which is to make educated decisions that will be financially
beneficial in the future. Please be responsible and only
invest capital that can be exposed to risk.
Thank you,
SOTM Staff
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Stock Of The Month
sotm.com
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