Empire Post Media Inc. (EMPM) announced on Friday that six-time Emmy nominee Stuart Schwartz will join the “Journey Beyond” production team as executive producer and showrunner. Stuart Schwartz, a former top executive with reality show giant Cosgrove/Meurer, has produced 174 episodes of perennial TV hit “Unsolved Mysteries and he was also involved in several other successful series, including “Proof Positive: Evidence of the Paranormal,” “Secret Lives” and “Auction Packed.”
Well, we decided to look a bit more at EMPM to see what is “The Good, the Bad and the Ugly“:
Empire Post Media, Inc.
5023 North Parkway Calabasas
Calabasas, CA 91302
The company’s strategy is to select content opportunities that are positioned to take advantage of the increasing number of platforms for 3D content, including international television, Internet delivery, mobile applications and other digital distribution formats. Given the capital-intensive aspect of content creation and the difficulties involved in obtaining financing in the present economic environment, the company plans to make production decisions on a prudent, market-driven basis, letting demand lead supply.
In August, 2011, Empire acquired the rights to a TV reality show, “Journey Beyond”, TV rights to “Past Lives” and “On the QT”. Since its inception in October, 2009, Empire has generated minimal revenues and has incurred losses of $171,032. As of November 30, 2011, Empire had assets, including cash, totalling $147,461, and liabilities of $210,043, resulting in a negative net worth of $62,582.
OK. “The Bad” has been found… Going further:
Empire has 410,000,000 authorized shares, consisting of 400,000,000 common stock, of which only 250,237,336 are currently issued and outstanding and 10,000,000 shares of preferred stock, of which no such shares have been issued. Empire’s management could and intends to, without the consent of the existing shareholders, issue substantially more shares, causing a large dilution in the equity position of the Company’s current shareholders. Additionally, large share issuances would generally have a negative impact on Empire’s share price. It is possible that, due to additional share issuance, an investor could lose a substantial amount, or all, of his investment.
“The Ugly” is in place too. Is any sense to continue this research? We choose to do one more try and… Ultra Stock Picks report comes up on our search (see it at this link).
To be specific: report is long and boring. Don’t spend your valuable time to read it all, just scroll it to the end:
$750K promotional budget – that’s all. No extra research requires. Do you have enough experience in trading promotional stocks? If you do than EMPM is for you. Trade it smart – you may double your money in the short term. Happy trading!