I guess this must be the article you were referring to:
smallcapjournal.com
The Small Cap Journal Uncovers The Internet's Next Rising Star. American Interactive Media is an undiscovered, pure internet play. In a world where "content is king", AIME beats the competition hands down. Recent analyst's reports state the company's earning are on pace to reach $2.00 a share by the end of 2000 from subscribers alone. AIME redefines the word undervalued. The company has invested over $20 million in an infrastructure that can create the highest quality and most entertaining web content available today. Internet companies make money from subscriber. Quality content creates subscribers. AIME dedicated to the creation of a wide range of content and services incorporating video and audio information through a rich interactive environment designed specifically for the Internet, digital cable and other distribution channels. The WebPASSPORT Access Network and Portal is AIME's proprietary, easy to use and inexpensive Internet access service customized and co-branded with affinity groups worldwide. AIME develops content through its creative team within its own webcasting studio. AIME has developed and launched original network concepts like, Virtual Cable, ComedyNet and nine additional web channels through their joint venture with New Tech.
30,000,000 possible subscribers from MMG alone. On December 1, 1998 AIME had taken a major step in its Internet and e-commerce initiatives with the 1999 launch of an Internet shopping service for the Preferred Consumer Network (PCN), a membership-based discount shopping service with nearly 500,000 fee-paying members across the U.S. The service will also be integrated into all of AIME's custom Internet portals which will be marketed to members of MMG Direct's affinity organizations which collectively have over 30 million active members. In addition AIME is actively pursuing other large organized membership groups. The PCN Internet shopping service is slated to be the definitive shopping site for discounts and will enable PCN members to buy 100,000's of products and services such as books at Amazon.com (AMZN), CD's and cassettes at Cdnow.com (CDNW), travel at previewtravel.com PTLV), toys at eToys.com, cars at autobytel.com as well as prescription drugs, car insurance and other services at "member-only" pricing. PCN members will gain access to proprietary content such as "PCN Insider Savings Tips," "Hot Deals," "Smart Money Investment Tips," and a PCN electronic newsletter as well as stock quotes, web-based e-mail and popular content directories.
STRATEGIC ALLIANCES: MMG Direct, Inc.: Clients have over 30,000,000 members include: American Lung Association, National Kidney Foundation, Baptist Church Groups, American Diabetes Association, MBNA, Wells Fargo Bank, MCI, & Ford Motor. Outbound telemarketing capacity 80,000 hrs per month. Will use facilities to expand AIME's subscriber base.
New Tech Inc.: Founded by Herman Rush, former chairman of Columbia Pictures. Projects are attached to experienced TV and broadcast producers including Dick Clark, William Shatner, Montel Williams, Sonny Grosso, Boardwark Entertainment, and Alvin Cooperman. Web channels are being discussed with distribution partners where the aforementioned producers have affiliations. This arrangement provides shared participation on every revenue stream from every platform.
InfoSpace: Internet directory service provides back-end support to AIME sites & handles advertising sales, e-commerce, chat, e-mail, & Internet Syndication. On-line directory is accessed by 25-30 million Internet users a month. Relationship places AIME's content alongside established, highly trafficked sites.
Cablevision Systems Inc.: 5th largest cable operators in country & leader in rolling out cable modems. Provides early distribution for ComedyNet programming to on-line service & potentially on cable systems.
Universal Studios: The Interactive Media division to integrate ComedyNet into their AnimalHouse.com site - the thrust of their substantial, multimedia college market initiative. Discussions are also under way for joint sponsorship of a series of events that can be distributed to the college marketplace.
United Stations Network: Major radio syndication. "ComedyNet Minute" will be featured in their syndicated package to radio stations in the top 50 markets. Will syndicate portions of ComedyNet to other Internet sites within their "network" of 1,000 radio station websites; pilot will be Z100 in NYC which receives 3 million page views per month. Provides millions of radio impressions per month. Live Interview Coming soon!
AMERICAN INTERACTIVE MEDIA Symbol: AIME
Web Site: www.aime-inc.com
611 Broadway Ave., Suite 308, New York, New York 10012
Tel: (212) 539-0700 / Fax: (212) 358-8380
Click below to read related company stories: RDI Marketing Millioniare.com.
Common Shares Issued & Outstanding: 18 Million
Estimated Float: 5 Million
Fiscal Year: Calendar
Blue Sky: Standard & Poors Exemption
************************************** Don't know who Fortune Marketing is. Oh well....
And there isn't any reference to disclosure of promotional payments yet. But these guys apparently aren't cheap by looking at some of their other clients.
Personally, I would rather see the company do a regular IPO with an authentic Investment Bank, rather than resort to promotional services. But we'll take what we can get.
Regards,
Ron |