| From: ms.smartest.person | 3/19/2007 10:52:40 AM | | | | | | CKRUSH INC (OTC BB:CKRH.OB)
CKRSH: (CKRH) $.2198 Down $.0102..... We're hearing CKRH is a deal much like ZVUE which is currently priced at $2.76 and has traded as high as $7.78 in the last 52-weeks. One of the people involved with CKRH is Joe Abrams who was with a company called Intermix that was later vended into MySpace.
Mr. Abrams is the new Chairman of Ckrush. Joe has more than 20 years of experience in digital media as an entrepreneur and senior manager. He was co-founder of Intermix, Inc., which produced dozens of websites, most notably MySpace. Joe grew Intermix from a start-up in 1998 to a $100 million company in 2005, when News Corp. acquired it for $580 million. Prior to launching Intermix, Joe co-founded The Software Toolworks, Inc, serving as its president and COO, negotiating 10 mergers and acquisitions, launching the CD-ROM and OEM division, which grew into a $65 million operation in four years, and negotiating the company’s sale to Pearson PLC for $462 million.
Rumor is that several positive announcements will soon hit the tape, driving the price of the stock higher. Ckrsh will be our featured Whisper Stock in tomorrow's newsletter. With the involvement of Joe Abrams, CKRH sounds like a nobrainer! The Executive summary of Ckrsh includes such names as Spike Lee, Paris Hilton, Sean Penn, Ellen DeGeneres, Chris Rock, Ben Stiller, National Lampoon and others. |
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| To: ms.smartest.person who wrote (5) | 3/19/2007 11:15:18 AM | | From: ms.smartest.person | | | | Acclaimed Director Spike Lee to Advise Ckrush Entertainment
Monday March 19, 10:21 am ET
Legendary Filmmaker to Serve in Executive Producer Role
NEW YORK--(BUSINESS WIRE)--Ckrush Entertainment, Inc., a subsidiary of Ckrush, Inc., announced today that heralded film director Spike Lee will serve as an advisor to Ckrush Entertainment. In his advisory capacity, Lee will help Ckrush select film projects, serve as an Executive Producer on certain Ckrush films, and consult with LiveMansion.com, the Company's entertainment based social network. The arrangement is for an initial period of two years. Ckrush had previously announced Mr. Lee's involvement in the "LiveMansion: The Movie" director competition, where he served as a judge.
"To have Spike Lee serve as an advisor to the Company is as good as it gets," said Jeremy Dallow, President of Ckrush. "As an entertainment company producing feature films we can benefit enormously from Spike's input. His career and achievements speak for themselves. Spike's contribution to the "LiveMansion:The Movie" director competition has been invaluable."
"I am pleased to continue and grow my relationship with Ckrush," said Spike Lee. "I think they are doing some exciting things and I look forward to working with the Ckrush team."
Spike Lee is an award winning director, actor, producer and writer. He has directed over thirty feature films, including "Do the Right Thing "(1989), "Malcolm X" (1992), and "Inside Man" (2006). Spike has been nominated for two Academy Awards and lives in New York City.
ABOUT CKRUSH, INC.
Ckrush, Inc. is a cutting edge entertainment and digital media group capitalizing on the global convergence of the traditional entertainment industry and the "participatory pop culture" revolution of online communities and digital technology. The Company produces feature films, sports programs and other content that target young adults, a highly-coveted entertainment industry demographic comprised of 70 million-plus consumers with an estimated spending power in excess of $200 billion annually. Ckrush's "LiveMansion.com" (http://www.livemansion.com/) is a fully interactive social network. Ckrush feature films include, "Beer League," starring Artie Lange, "TV the Movie," starring Steve O and Wee Man of "Jackass" fame; and National Lampoon's "Pledge This," starring Paris Hilton. Ckrush also promotes and distributes televised sports events and other programming through pay-per-view, video-on-demand and other channels. Ckrush recently acquired the businesses of Trisoft Media and AudioStreet consisting of website design, development, hosting, advertising and media placement and the online communities AudioStreet.net and MixStreet.net. For additional information please visit ckrush.net.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors; acquisitions of dispositions of business assets; and the potential impact of future decisions by management. More detailed information about these factors may be found in filings by Ckrush, Inc. with the Securities and Exchange Commission. Ckrush, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
For Ckrush, Inc.
Jeremy Dallow
President
212-564-1111
Source: Ckrush, Inc.
biz.yahoo.com |
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| From: ms.smartest.person | 3/23/2007 11:46:24 AM | | | | | | The Long Case for Deltathree: Stock Looks Cheap Compared to Performance
Posted on Mar 23rd, 2007 with stocks: DDDC
Shlomo Greenberg submits: Deltathree Inc. (Nasdaq: DDDC) is a company that I haven't written about for some time. Last week it announced that it reached an agreement with Panasonic under which it will be the exclusive VoIP service provider for Panasonic's "Globarange" series of hybrid two-line cordless phones.
Using VoIP technology, the device can be used to call any other device of this kind anywhere in the world free of charge, without connecting through a computer. It can also connect to fixed-line telephones and most important of all, it can connect to broadband Internet services through a socket in the base of the handset. The device was simultaneously unveiled in 12 countries, and it turns out that software that supports it is Deltathree's own JOIP system.
Two years ago, Deltathree stood at $6.50, and it is presently trading at under $2. The company posted $13.2 million in sales and a loss of more than $8 million in 2003, and for 2006 it posted sales of almost $38 million, and a profit of $507,000, undoubtedly an impressive performance. Moreover, in 2007, as the only analyst covering the company predicts, the company will post sales of $43 million and a profit of $600,000. The company's CEO and president Shimmy Zimels spoke of his expectations for the company when it unveiled its 2006 results. He said that he expects the recent acquisition of a company called to Go2Call would add to Deltathree's sales and profit and that sales would come in at around $44-47 million, higher than the analysts' forecast. Judging by this CEO's performance, I am inclined to believe him.
According the forecasts, Deltathree is trading at a multiple of 8.8 for 2007 which, compared with the company's performance in recent years, amounts to an end-of-season price, half-free. The commonly mooted claim is that sometimes there are things that Wall Street does not understand but which the experts do, that appear to be the reason that the stock is incorrectly priced, but in this case it looks to me that very few, if any experts have given Deltathree a closer look, so there could well be an opportunity here that has so far gone unnoticed. But please do me a favor -- check it out for yourselves.
Published originally by Globes [online], Israel business news - www.globes.co.il
© Copyright of Globes Publisher Itonut (1983) Ltd. 2006. Republished on Seeking Alpha with full permission. |
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