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Microcap & Penny Stocks : MSGI (Marketing Services Group, Inc., formerly ALCM)

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To: W. Ruane who wrote (30)12/3/1998 11:24:00 PM
From: kbert   of 38
 
I am digging a little bit more
this company I now own
:) LOL
Looks rather interesting:

Pegasus Internet, Inc. ("Pegasus"):
Pegasus was formed in 1994 and was acquired by the Company effective July 1,
1997. Pegasus provides a full suite of Internet services, including content
development and planning, marketing strategy, on-line ticketing system
development, technical site hosting, graphic design, multimedia production and
electronic commerce.
The acquisition was accounted for using the purchase method of accounting.
Accordingly, the operating results of Pegasus are included in the consolidated
results of operations of the Company starting July 1, 1997.
Media Marketplace, Inc. ("MMI"):
Effective December 1, 1997, MSGI acquired Media Marketplace, Inc. and Media
Marketplace Media Division, Inc. (collectively "MMI"). MMI was founded in 1973
and specializes in providing list management, list brokerage and media planning
services to national publishing and fundraising clients in the direct marketing
industry, including magazines, continuity clubs, membership groups and catalog
buyers.
As the MMI acquisition was accounted for as a purchase, its operating results
are included in the Company's consolidated results of operations starting
December 1, 1997.Formation of Metro Fulfillment, Inc. ("MFI"):
In May 1998, the Company formed Metro Fulfillment, Inc. ("MFI"), a new operating
subsidiary. MFI provides clients with services such as online commerce,
real-time database management, inbound/ outbound customer service, custom
packaging, assembling, product warehousing, shipping, payment processing and
retail distribution.
Maybe I am lucky ?
?:-)
Archie puzzled.
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