 |
 | |
 |  |
| We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
STOCK RESEARCH: MEME Ticker: MEME Exchange: OTCBB Company Name: Media Entertainment, Inc. Street/Suite: 8748 Quarters Lake Rd, City/State: Baton Rouge, LA 70809 Phone: 504-922-7744 Contact person: David Loflin (Pres. & CEO) 52 - High: 2.50 52- Low: .06 Description of Bus: Proprietary wireless internet system - no phone or modem needed. Shares Issued: 6.5 M Insider: approx 70% of 6.6 M Free Trading Float: 500,000 Book Val. per Share: .80 Transfer Agent: The Stock Transfer Corp., Dallas Phone#: (972) 447-9890 Contact: Kevin Forecast: aggressively pursuing NASDAQ Small Cap - $1.00 Impending News: A lot of news in the very near future Sec filing: Yes Website: should be up by end of next week - www.media-entertainment.com Email: dml@intersurf.com Bal. sheet Available: yes Notes: All of the above info was given by the Mr. Loflin. This company has a huge jump ahead of others in this field. They have a proprietary system that can be accessed by laptop or PC to access the internet w/o modem or phone line. The signal is transmitted through radio frequencies. Transmission speeds from 64K - 10 Meg. No Internet Service provider needed. Recently sold a 2 Megabit high-speed data link to EXXON to replace their T-1. They were chosen over many other companies. >From Company material: " MEME is a communications company with a proprietary Wireless Internet Access System ready for market and is currently seeking capital with which to commence Wireless Internet Service Provider (ISP) operations in Baton Rouge, Louisiana; Dallas, Texas, and an as-yet unidentified city in the Southwestern U.S. MEME's proprietary Wireless Internet Access System operates within a broadcast signal in the 900 or 2400 MHz band using two-way modems outfitted with the antennae. Thus, MEME's Wireless Internet Access System differs substantially in design from the Wirelesss Internet access available through cellular telephones and differs substantially from traditional telephone-line based ISP's, because there is no reliance on hard wire to transfer data." MEME ANNOUNCES WIRELESS INTERNET MARKETING AGREEMENT Baton Rouge, LA, December 5, 1997 - Media Entertainment, Inc. (OTC BB: MEME) announced today that it has entered into a marketing agreement with Baton Rouge's second largest Internet Service Provider, Intersurf Online, Inc. Under the agreement with Intersurf, Intersurf will market MEME's proprietary Wireless Internet Access System, while MEME will provide the necessary equipment, installation, customer support and maintenance for its Wireless Internet Access system. "We are quite pleased to have made this agreement with an established Internet company," said David Loflin, MEME's President. "We intend to target business customers who are in search of a more affordable, highly reliable, and most of all, extremely fast connection to the Internet," continued Mr. Loflin. Mr. Loflin also pointed out that MEME's proprietary Wireless Internet Access System offers its customers signal encryption, which is designed to scramble its broadcast signal, thereby offering a high degree of security of information. Finally, Mr. Loflin stated that MEME expected Intersurf to begin to market MEME's proprietary Wireless Internet Access System to home-users, toward the end of the first quarter of 1998. MEME's proprietary Wireless Internet Access System operates within a broadcast signal in the 900 or 2400 MHz band using two-way modems outfitted with an antenna. Thus MEME's Wireless Internet Access System differs substantially in design from the wireless internet access available through cellular telephones and differs substantially from traditional telephone-line based ISPs, because there is no reliance on hard wire to transfer data. MEME is in need of additional capital to expand the exploitation of its proprietary Wireless Internet Access system MEME owns community (low power) television channels in four U.S. cities, including an operating channel in Baton Rouge, Louisiana. The other stations have not yet been constructed. Without additional capital, no construction of these other stations will occur. MEME also owns the rights to wireless cable channels in several U.S. cities, with MEME's Poplar Bluff, Missouri, system being ready for operations, pending MEME's obtaining capital to launch initial marketing efforts there. The other markets have yet to be built-out. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statement involve risks and uncertainties, including, without limitations, the ability of MEME to accomplish its stated plan of business. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by MEME or any other person that the objectives and plans of MEME will be achieved. WIRELESS INTERNET COMPANY GOES PUBLIC Baton Rouge, LA, October 15, 1997 - Media Entertainment, Inc. (OTCBB: MEME) announced today that its common stock had been listed on the OTC Electronic Bulletin Board of the NASD under the symbol MEME. MEME became publicly held via a distributive registration (SEC File No. 333-26385) of its common stock. Shares of MEME common stock were distributed as a dividend to the shareholders of a publicly-held company. MEME is a communications company with a proprietary Wireless Internet Access System ready for market and is currently seeking capital with which to commence Wireless Internet Service Provider (ISP) operations in Baton Rouge, Louisiana; Dallas, Texas, and an as-yet unidentified city in the Southwestern U.S. MEME's proprietary Wireless Internet Access System operates within a broadcast signal in the 900 or 2400 MHz band using two-way modems outfitted with antennae. Thus, MEME's Wireless Internet Access System differs substantially in design from the Wirelesss Internet access available through cellular telephones and differs substantially from traditional telephone-line based ISP's, because there is no reliance on hard wire to transfer data. MEME's management believes that several features of MEME's proprietary Wireless Internet Access System will be attractive to potential business customers, including 1.) speed - during testing, MEME's Wireless Internet Access System provided a minimum data transmission speed of 64kbs, with data transmission speed capability of up to the equivalent of a T-1 telephone line (that is, the data transmission capability equivalent of 24 ISDN-telephone lines); 2.) lower cost - it is expected that MEME's Wireless Internet Access system will, depending on the particular market, offer ISDN equivalent data transmission speed at a cost of 30% to 40% less than hard-wire ISDN lines from the local telephone company; 3.) encryption - MEME's Wireless Internet Access system is designed to allow the encryption (scrambling) of its broadcast signal, offering a high degree of security of information; 4.) mobility - MEME's Wireless Internet Access System, as currently configured, allows the user to access the Internet through a properly equipped lap-top computer, even while in transit, and 5.) no local telephone company - MEME's Wireless Internet Access System provides users Internet access while eliminating the need for dealing with local telephone companies. The home-use applications of MEME's Wireless Internet Access System include 1.) traditional Internet access at a cost that is competitive with hard-wire ISP access costs and, within the next five or so years, will include 2.) movies in real time, on demand, at any time, a cyberspace video store, 3.) pay-per-view events, such as concerts and sporting events, and 4.) "cable" television, that is, a competitive offering of "cable" television channels that will equal those offered by any local cable television company. None of these possible future services will be available unless and until MEME secures adequate capital, of which there is no assurance MEME owns community (low power) television channels in four U.S. cities, including an operating channel in Baton Rouge, Louisiana. The other stations have not yet been constructed. Without additional capital, no construction of these other stations will occur. MEME also owns the rights to wireless cable channels in several U.S. cities, with MEME's Poplar Bluff, Missouri, system being ready for operations, pending MEME's obtaining capital to launch initial marketing efforts there. The other markets have yet to be built-out. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statement involve risks and uncertainties, including, without limitations, the ability of MEME to accomplish its stated plan of business. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by MEME or any other person that the objectives and plans of MEME will be achieved. | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2026 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |