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Kaleidoscope Media Group Inc. KMGG Target Price at December 31, 1998 ---> $20 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 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. Although this cannot be proven, a price explosion could occur if the major shareholders call in their share certificates. An AMEX listing will squeeze the shorts out of the stock and result in dramatic price appreciation as well. However, 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 startgic plan. This company is heading in the right direction. The company is planning a listing on the London and American Stock exchange as well as 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. 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 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 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. 8. ESPY awards And the list goes on...... Check it out for yourself, this is an up and coming media giant. | ||||||||||||||
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