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. |