IRVINE, Calif., July 20, 2006 (PRIMEZONE) -- "For emergent companies there is rarely news more important than that of increased profits and revenues, not just due to the obvious benefit of a sustaining influx of capital to the company, but also in the implied value to existing and prospective shareholders," stated SmallCap Sentinel analyst D.R. Clark. "Clearly, a year-over-year or quarter-to-quarter increase validates some elements of a company's business plan -- especially in the small cap sector, where ideas and products are often plied without sale for years on end."
"For this reason, a recent announcement by Financial Media Group, Inc. (OTCBB:FNGP) should be most welcomed by investors," said Clark. "The company reported a 63% increase in Q3 earnings and a 121% increase in revenues for the same period. Revenues for the nine month period also jumped over 280%."
Financial Media Group, Inc. (OTCBB:FNGP) serves its niche by focusing on advertising services and financial media for small and mid-sized publicly-traded companies and investors worldwide.
One of FMG's wholly-owned subsidiaries, WallStreet Direct Inc., is a provider of financial news and tools for the retail and institutional investment community. WallStreet Direct owns and operates WallSt.net, an industry icon providing original editorial content, media, and community-driven applications for investors worldwide.
A complete report on Financial Media Group has been provided at the following link: http://stockupticks.com/profiles/7-5-06.html
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The free informational report "Analyst Notes: Technology Growth, Emerging Companies & Emerging Markets" is available at www.SmallCapSentinel.com and addresses companies such as Dow Jones & Company, Inc. (NYSE:DJ), Yahoo (Nasdaq:YHOO), and FinancialContent, Inc. (OTCBB:FCON).
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect the results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project its capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to its accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been paid twenty-four thousand dollars by FNGP for preparation and distribution of this report and other advertising services over a ninety day period. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.