[Nettime-bold] Music Industry - VMPG wg l xjxf

["Miguel Lindsey" <otc@msn.com>]

Title: Venture Music Group Inc

Venture Music Group Inc.˙FFFF92s Catalog Worth $25 Million

OTC: BB VMGP      Last Close: $0.18 per share                           

In 1994, Grammy-winning producer/arranger/conductor/songwriter
Tony Camillo and multi-Platinum promoter/international licensing specialist
Gene Serina formed Venture Music Group, Inc. bringing together an impressive
catalog of recordings by many top artists such as, Gladys Knight, Dionne Warwick, The Fifth Dimension, Vanessa Williams, Freda Payne, to name a few.

 

Today the company is firmly established in the $14 billion wholesale music marketplace, licensing numerous properties domestically and internationally. VMG is headquartered in the New York City area and its recording facility, TC Studios, is located in nearby Hillsborough, New Jersey.

 

VMGP has become a multifaceted entertainment company under which several record labels have been incorporated. The principal business of the company is to locate talented musical artists; to obtain the exclusive right to record those artists' performances for a fixed term; to use such right to create master records ("masters") featuring those performances; to use artists' masters to manufacture CDs and music videos; to sell those CDs and videos to the consuming public through a distribution system and to acquire and exploit related rights, such as publishing and merchandising. VMGP has a large catalog of pre-released and never-before released recorded masters of well-known artists. VMGP also plans to expand the present catalog. There is a ready market for product of this nature. This allows for a substantial profit, with little or no cost.  In it February 6, 2003 press release management stated that an independent appraisal firm recently valued its Catalog at approximately $25 million.   The Company has an Internet presence http://www.VMGmusic.com and is developing other avenues of opportunities for sales and marketing of music and related products through the Internet and expanding its promotion, production and recording services to the entertainment and music markets.   Revenue and earnings for the year could reach the $4 million range that would yield profits in the range of $.04 to $.08 per share.  We would expect significant price appreciation! OTC: BB VMGP    Last Close: $0.18 per share

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