PALM HARBOR, Fla., April 30, 2010 (GLOBE NEWSWIRE) -- Max Media Group, Inc. (Pink Sheets:MXMI), encouraged its shareholders today to get more involved in the efforts now underway to grow the Company's flagship web property, www.Babelation.com, into a potential social media powerhouse.
James Grady, President & CEO of Max Media Group, Inc., issued a letter to its current shareholders, which reads as follows:
You as a shareholder of Max Media have the unique opportunity of being able to play a major role in the potential success and growth of our Company. Most shareholders of publicly-traded companies, especially small cap stocks, have no influence or a hand in the success of the Company in which they own.
Our proven business model is now underway and multi-faceted marketing efforts are being employed daily. We are generating revenues everyday, every minute, with every visitor to our network of web properties.
The traffic coming to our Babelation.com property has the ability to generate revenues in 3 ways for the Company; 1) each visitor's activity (amount of content they view and time spent on site), 2) each search that visitor does at our site and 3) ad revenues from our sponsors. While a visit to each of our other properties possesses the same revenue traffic, a large part of our growth will lie in growing the number of subscribers (free), the publishers of content (free) and the daily visitors to www.Babelation.com.
So as a shareholder, what is it exactly that you can do?
- The simplest initial step would be to visit the site and become a member. The process is simple, free and takes under 5 minutes. Once registered, you will have the ability to upload content (articles, videos, pictures, etc.) and leave comments.
- As a member, you have the ability to upload any items of content that are of interest to you or you may publish your own articles, pictures, videos, etc.
- Encourage friends, family members, business associates and anyone who uses the internet to become a member of www.Babelation.com. Once a member, further encourage them to become a frequent publisher and user. The social networking giants -- Facebook, MySpace and Twitter -- can trace a tremendous part of their success to this one simple effort by the initial founders, investors, employees and their families, friends and associates.
- Most of us are in the habit of regularly forwarding emails we like with stories, pictures, videos, jokes, etc to our address books and anyone else we can think of. As a member of the Max Media and Babelation.com family, you should first publish the contents of those emails (the videos, the jokes, the interesting stories, etc.) to the www.babelation.com site. Then using the Share button, pass what you have published on to your Facebook, Twitter, MySpace, etc. friends and forward on to your address book. You have still distributed your content, only you have run it through the Company's revenue model. Which of course grows our traffic, users and therefore revenue. Shareholders, do you see where we are going with this?
In closing, I would like to thank all of our shareholders and users for their support. Together we can build www.Babelation.com into a tremendous social network around "News for You, By You". We have several exciting acquisitions and partnerships we are in the process of completing that will enhance our traffic and content significantly.
I encourage all current and potential future shareholders to feel free to contact me with any questions or need for help. I welcome all inquiries and can be reached at 877-243-9327
For a complete overview of our business model, read:
http://www.babelation.com/?q=node/676
Sincerely,
James Grady, President / CEO
Max Media Group, Inc
About Max Media Group, Inc.
Max Media Group, Inc. is a developer of online integrated digital publishing/distribution platforms for high-end internet consumer segments. Max Media's business model distinguishes itself by issuing revenue sharing cash payments to content providers, who historically have "worked for free". As the internet's content models shift in 2010 and beyond, Max Media is positioned to capture significant content, users, eyeballs and revenues from social networks like Facebook, YouTube, MySpace, Flickr and others. Max Media's mission is to be the premier operator and developer of low cost high revenue online integrated publishing/interactive social networks. The company currently operates numerous web sites including www.maximummotoring.com, www.babelation.com, www.hotautoweb.com, www.hotrvweb.com, www.hotboatweb.com and www.hotcharityweb.com, among others. The domain properties were founded in 2001 with the current management assuming control in 2009. In the past 5 years www.hotautoweb.com has generated $17 million in the classic car segment. Babelation.com is a Leading User-Generated News and Information distribution portal focused on the aggregation of content from authors, bloggers, expert reporters, students, news junkies and everyday people. It is "News by You for You".
The Company operates its various media outlets to market its listings and listing services. The Company's listings include high-ticket items such as classic cars, boats, planes, RV's, etc. The Company plans to offer these listing services through a national network of trained independent representatives.
The Company currently has 75,098,804 shares issued and outstanding.
The Max Media Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7021
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.