Let the Rally Begin - KRMC Announces Strong Year End Sales

KRMC Just released a major news (Read the Press Release Here). KRMC has just released news of Strong Year End Sales and a strong line-up of book release planned for the next months in both the American and European Markets.

“MONTREAL, Dec. 8 /PRNewswire/ - KRMC dba Cogito Media Group (OTCBB:KRMC.OB.ob - News ) is pleased to announce that through our European distributor, Interforum, our French titles, La Légende Adjani and La Messie, have recorded a high sales volume. Due to this high sales volume, La Légende Adjani will have to be reprinted. The December release of Moi, Charles Mason is also expected to have a strong reaction coming from the French market and boost our year-end sales figures. In America, the release of our two titles, Charles Manson Now and Bad Girls, is closing in the year very successfully. 

KRMC's CEO Pierre Turgeon: "KRMC-Cogito is proud to have a strong finish to the year. We already have 15 books for the English market in the pipeline and 21 books for the French market supported by leading distributors on both continents. We feel very strongly that our best year is in the making”

Why are we are big fans of KRMC?

Because it looks, feels and smells of a BIG MONEY GAINER.  KRMC is new; KRMC is incredibly UNDERVALUED; and finally, KRMC has MASSIVE PROSPECTS currently in the works.

KRMC is a publishing company of print, e-books, audio books and video properties that distributes directly to a vast global market in multiple languages.

KRMC, aka Cogito Media Group publishes fiction and non-fiction books including biographies, mysteries, thrillers, commercial fiction, literary fiction, and health-wellness books in English and French. The company also sells rights of its works in twenty languages in markets ranging from China to Brazil. It offers its products through distribution networks in the United States, Canada, Australia, New Zealand, Europe, and internationally. Cogito offers international distribution multilingual print, e-book, audio book and video properties. 

One of the BIGGEST things that have caught our eye was KRMC’s recent release of the already popular authorized biography “Charles Manson Now” by Marlin Marynick. Why does this matter?

Three reasons:

1. The book has already received fantastic reviews from both AMAZON.COM and AMAZON.CA and the author has been interviewed by CBS News. See interview at http://www.cbsnews.com/8301-504083_162-20024919-504083.html.

2. “Helter Skelter, the most popular true crime book ever, has sold over 7 million copies worldwide.  There is wide belief that “Charles Manson Now” will also become a bestseller given the new and shocking revelations it contains.

3. The book has already sold-out! The book has been reprinted in order to meet the advanced demands of US distributors (see Press Release below).

What makes KRMC even more provocative is the fact that it is EXTREMELY UNDERVALUED.  Starting at $0.105, its price has dropped slightly to $0.08 and we are confident that KRMC is in an ideal position for a HUGE BOUNCE PLAY in the wake of the recent publicity the book has received. Anyone who knows something about penny stocks will tell you that the big winners always tend to be undervalued companies that linger outside of the radar.  This is your BIG OPPORTUNITY to put KRMC on your radar!

Another reason to like KRMC is for the strong partnership it maintains withTransit Publishing.   Transit Publishing only began in 2009 and has already made its name in the publishing world by releasing bestsellers “Unmasked: The Final Years of Michael Jackson” (http://www.transitpublishing.com/Michael_Jackson.html) and the biography of Guy Laliberté, founder of Cirque de Soleil, “Guy Laliberté: The Fabulous Story of the Creator of Cirque de Soleil (http://www.transitpublishing.com/Guy_Laliberte.html ).  If Transit Publishing has been able to make a splash in such a short time, imagine the potential success that could be in sight for KRMC with a book that is already generating positive reviews.

Take a look at these recent positive PRESS RELEASES:

KRMC-Kurrant Mobile Catering Announces Strong Sales for the End of Year

Press Release Source: Cogito Media Group On Wednesday December 8, 2010, 4:05 pm

MONTREAL, Dec. 8 /PRNewswire/ - KRMC dba Cogito Media Group (OTCBB:KRMC.OB.ob -News ) is pleased to announce that through our European distributor, Interforum, our French titles, La Légende Adjani and La Messie, have recorded a high sales volume. Due to this high sales volume, La Légende Adjani will have to be reprinted. The December release of Moi, Charles Mason is also expected to have a strong reaction coming from the French market and boost our year-end sales figures. In America, the release of our two titles, Charles Manson Now and Bad Girls, is closing in the year very successfully. 

KRMC's CEO Pierre Turgeon: "KRMC-Cogito is proud to have a strong finish to the year. We already have 15 books for the English market in the pipeline and 21 books for the French market supported by leading distributors on both continents. We feel very strongly that our best year is in the making"

KRMC-Cogito Media Group Inc. produces literary and multimedia projects on commercially-valuable mainstream topics, including high profile individuals and historical legal cases.

For further information, please visit www.cogitomedias.com.

http://finance.yahoo.com/news/KrmcKurrant-Mobile-Catering-prnews-1864215401.html?x=0&.v=1

KRMC Kurrant Mobile Catering Announces "Charles Manson Now" Sold Out

Press Release Source: Cogito Media Group On Monday November 29, 2010, 4:05 pm EST

MONTREAL, Nov. 29 /PRNewswire/ - KRMC dba Cogito Media Group (OTCBB:KRMC.OB.ob- News ) is pleased to announce that it has already sold out its new book Charles Manson Now. The new book Charles Manson Now has been reprinted in order to meet advance orders from U.S. distributor Midpoint Trade Books. Charles Manson Now by Marlin Marynick is available at U.S. retail and online stores, including Barnes & Noble, Borders, and Amazon. Amazon Kindle and many ebook stores will also be offering the electronic format of the book. In Canada, Charles Manson Now is being distributed to national bookstore chains by H. B. Fenn. In France, Moi Charles Manson will be simultaneously released and distributed in all major book stores by Interforum.

KRMC's CEO Pierre Turgeon: "KRMC-Cogito is one of a few publishers that can offer high international visibility to authors. We are capable of providing their work simultaneously in multiple languages and markets."

KRMC-Cogito Media Group Inc. produces literary and multimedia projects on commercially-valuable mainstream topics, including high profile individuals and historical legal cases.

For further information, please visit www.cogitomedias.com

http://finance.yahoo.com/news/KrmcKurrant-Mobile-Catering-prnews-2231919460.html?x=0&.v=2

KRMC-Kurrant Mobile Catering Announces New U.S. and European Distribution Agreements

Source: Cogito Media Group On Thursday November 18, 2010, 1:05 pm EST

MONTREAL, Nov. 18 /PRNewswire/ - KRMC dba Cogito Media Group (OTCBB:KRMC.OB.ob- News ) is pleased to announce the signing of two major international distribution contracts. Effective immediately, Midpoint Trade Books will distribute Charles Manson Now in the U.S. and KRMC-Cogito's entire catalogue for the U.S. and UK in 2011. Interforum will distribute French language KRMC-Cogito titles in Europe.

KRMC's President Pierre Turgeon: "With the release of a very impressive catalogue for the fall and winter season, KRMC is confident that it will exceed its projections for the coming quarter. The November 2010 release of Bad Girls by renowned media psychiatrist Carole Lieberman M.D., and La Messie (She-Messiah) by Alexandre de Bothuri on the European market will solidify our position as an international publisher."

KRMC - Cogito Media Group Inc. produces literary and film projects on commercially-valuable mainstream topics, including high profile individuals and historical legal cases.

For further information, please visit www.cogitomedias.com

http://finance.yahoo.com/news/KrmcKurrant-Mobile-Catering-prnews-1398601693.html?x=0&.v=2

Cogito Media Group Announces the Release of "Charles Manson Now"

Press Release Source: Cogito Media Group On Tuesday November 9, 2010, 11:20 am EST

MONTREAL, Nov. 9 /PRNewswire/ - Cogito Media Group (OTCBB:KRMC.OB.ob - News ) is thrilled to announce the release of its new book, Charles Manson Now. Through a direct and personal relationship with Charles Manson, the author and psychiatric specialist Marlin Marynick presents deep, thought-provoking insight into the mind and soul of the man who continues to generate public curiosity and fear.

Pierre Turgeon, President of Cogito Media Group comments:

"Helter Skelter, the most popular true crime book ever, has sold over 7 million copies worldwide. We are very optimistic that Charles Manson Now will also become a bestseller given the new and shocking revelations it contains. Author Marlin Marynick challenges the official account of what happened forty-one years ago, when Manson family members stormed the Polanski estate and murdered five people, among them one of America's most beautiful, beloved actresses, Sharon Tate Polanski."

Cogito Publishing Inc. produces literary and film projects on commercially-valuable mainstream topics, including high profile individuals and historic legal cases. This Cogito title is distributed by Midpoint Trade Books in the U.S., H.B. Fenn in Canada and by Interforum, one of Europe's largest book distributors. For further information, please visit www.cogitomedias.com

http://finance.yahoo.com/news/Cogito-Media-Group-Announces-prnews-3601339983.html?x=0&.v=1

Keep your eyes open! Keep it on y our RADAR! Because of its strong partnership, the success of its new book and because it’s undervalued, we are predicting that KRMC could experience as HUGE RUN on its price. Don’t miss out on a very fruitful pick this holiday season!

Stocks To Watch Next Week: US Earnings Calendar

Based in Calabasas Hills, California, Cheesecake Factory Inc.(CAKE: 29.20+2.13 +7.87%) reported earnings of 37 cents a share in the third quarter of fiscal 2010, which surpassed the Zacks Consensus Estimate of 34 cents. The earnings also soared 37% year over year from the prior-year earnings of 27 cents a share.

The better-than-expected results were driven by comparable-store sales growth, higher traffic and effective cost management.

Cheesecake’s top line showed a growth of 4.4% year over year to $418.4 million,outperforming the Zacks Consensus Estimate of $413.0 million. The upside in revenue was perked up by higher comparable sales growth. The company is also focusing on sales driven initiatives like new menu offerings, value-added service and improved food quality to attract customers.

Comparable-store sales rose 2.8% in the quarter and are positive for the third consecutive quarter as the economy is reviving resulting in an increase in consumer demand. By concept, comparable store sales jumped 2.9% and 1.4% at the Cheesecake Factory and Grand Lux Cafe, respectively.

Operating margin climbed 70 basis points from the year-ago quarter to 7.5%, reflecting a 10-basis point (bps) drop in labor costs, 60-bp decline in other operating expense, 30-bp fall in general and administrative expenses and a 40-bp dip in depreciation and amortization cost, partially offset by a 50-bp rise in cost of sales.

Store Update

During the quarter, the company opened one restaurant thus completing its target of opening three new restaurants in fiscal 2010. The company currently operates 163 restaurants. 

Financial Position

Cheesecake ended the quarter with a cash balance of $59.8 million and repurchased 0.9 million shares in fiscal 2010, at an average price of $21.2 million.

The company’s revolving credit facility balance was $70 million at the end of the quarter, after repayment of $30 million of debt in the third quarter of 2010.

Our Take

As the economy is showing signs of improvement, we believe Cheesecake will be able generate improved earnings.

One of Cheesecake’s primary competitors, BJ’s Restaurants Inc. (BJRI: 33.94+5.07 +17.56%) has reported earnings of 20 cents per share for its third quarter 2010, which outperformed the Zacks Consensus Estimate by 5 cents. The earnings increased on comparable-store sales growth and higher traffic, both of which increased for the third consecutive quarter.

Hot Stock News For Tuesday 31 August: Research In Motion, Rio Tinto, BHP Billiton, RBS, HSBC, BP

UK Banks - The companies, which include members of the FTSE100, are preparing to argue publicly that dividing the banks’ retail and investment banking arms will make everyday business activities more expensive and less efficient. The campaign will be the first large-scale intervention by Britain’s corporations - the banks’ biggest customers - in the highly-charged debate on financial reform. (Telegraph)

UK

BP (BP: 35.02 -0.24 -0.68%) - Co. delayed retrieval of the failed blowout preventer atop its ruptured Gulf of Mexico oil well this week because of bad weather, the top US official overseeing the oil spill. (RTRS) In other news, co. is set to come under renewed fire from US politicians this week as it reveals it has spent more than USD 1mln (GBP 644,000) a week on television and radio advertising since the April 20 oil explosion in the Gulf of Mexico. (Telegraph)

HSBC (HBC: 49.39 +0.40 +0.82%) - Co. completes exit from US auto finance run-off portfolio. (RTRS)

Vodafone - Co. is preparing to raise more than GBP 4bln by selling its shares in China Mobile, the first in a string of planned disposals by the mobile giant. Investors expect the deal to be rubber stamped next month before an update on the co.’s strategy in November. (Sunday Times) In other news, co. is suing Deutsche Telekom after a third of customers that signed up for its DSL connection weren’t served by German network provider. (Handelsblatt)

RBS (RBS: 13.69 +0.46 +3.48%) - Co. is considering a cut-price sale of Direct Line insurance business after a flood of interest from potential bidders, including the billionaire investor Warren Buffett. The bank has been ordered to sell Direct Line by the European Commission as punishment for receiving state aid during the credit crunch. (Sunday Times) In other news, the Russian anti-trust regulator, FAS, has rejected an application from the co. to increase its stake to a controlling one in Russia-based RBS formally known as ZAU ABM AMRO Bank. (Kommersant)

Anglo American - Co. may be offered about USD 1bln for its Scaw Metals steel assets, excluding the main Scaw plant in South Africa which is not for sale, according to an unidentified banker. (Independent)

BHP Billiton (BHP: 66.86 +0.36 +0.54%) - Hedge funds are understood to break ranks with other investors in Potash Corp, by accepting an offer from co. at USD 150 per share. (Sunday Express) In other news, co. denied speculation on Monday that it planned to sell any of Potash Corp’s assets if it success with its USD 38.6bln hostile bid for the world’s largest fertilizer producer. (RTRS)

Rio Tinto (RTP: 50.64 +1.36 +2.76%) - Co. has approved USD 1.6bln for the Hope Downs 4 mine, which will have annual capacity of 15 mln tonnes of high quality iron ore, with the first production seen in 2013. (RTRS)

Tesco - Co. is slashing about 2,000 management roles at its Express convenience stores as part of a restructuring plan. (The Mail on Sunday)

Centrica - Co. and some unidentified companies have approached Connaught to buy its GasForce unit, however Connaught chairman has rebuffed the interest. (FT)

Tullow Oil - Co.’s row with the government of Uganda escalated at the weekend when officials ordered the company to stop work on the second of the company’s three exploration blocks in the country. (Sunday Times)

Diageo - Co. is to reveal it is minded to support a ban on selling alcohol below the cost of duty and VAT, although it denies any link between price and alcohol-related harm. (Telegraph)

Vedanta - Co. is stripped of international safety awards amid concerns that it won without declaring an Indian industrial disaster that cost 40 lives. (Observer)

Reckitt Benckiser - Co. receives FDA approval for Suboxone Sublingual Film C-III. (RTRS)

Encore Oil - The company’s latest big discovery off the Shetland Islands could lead to a takeover approach. (Sunday Times)

Heritage Oil - Co. is targeting Iraq after the Uganda pull-out according to co.’s finance director. (Telegraph)

US

Equities finished the session lower despite a slew of M&A activity as instead investors turned their attention to what promises to be a disappointing jobs report on Friday. The move lower was led by the financials that’s after analyst Meredith Whitney said that American banks will need to increase their capital in order to survive the latest decline in the housing market. The last hour of trade saw stocks print fresh lows and at the closing bell DJIA closed down 1.39% at 10009.73, S&P 500 closed down 1.47% at 1048.92 and NASDAQ 100 closed down 1.09% at 1772.07.

Research in Motion (RIMM: 43.15 -2.436 -5.34%) - Co. and India’s government avoided a standoff yesterday by agreeing to extend for two months talks over a demand to open all of its BlackBerry handset services to scrutiny by the intelligence agencies. (FT)

Europe

Carrefour - Co.’s H1 net EUR 82mln vs. Exp. EUR 292mln, reaffirms 2010 profit target (Sources) Infineon - Co. is not currently in talks on new acquisitions. (Frankfurter Allgemeine Zeitung)

Tui - Co. will not get a takeover from Russian investor Alexei Mordashov. (Frankfurter Allgemeine Zeitung)

Irish Banks - Irish banks are gearing up to repay more than USD 25bln of debt in the coming month, in what could prove an important test of investor sentiment towards the broader Eurozone financial sector. (FT)

Aegon - Co. fulfilled its commitment to repay to the Dutch State EUR 500mln of the EUR 3bln in core capital the co. secured in 2008. This is in line with an earlier announcement. (Sources)

10 Famous Financial Stocks to Sell

After poor earnings and revenue figures from financial stocks such as Citigroup (NYSE: C) andBank of America (NYSE: BAC) recently, the outlook for the sector been hazy. Downbeat economic news that continues to weigh on banks, including high foreclosure rates and high unemployment, suggests things might stay that way for some time.

That means investors need to think about new investing strategies for financial stocks and consider getting rid of bank stocks with dwindling value. As a growth investor, I rarely recommend financials because they simply don’t have the fundamental strength I look for because of their business models. It’s nearly impossible for a bank to post dramatic year-over-year earnings and sales gains consistently, and I never invest in a company that doesn’t have strong growth potential.

While a few financial stocks do stand out from time to time, what I’m struck by most right now is the number of financial stocks that aren’t living up to their potential and could have investors cashing out very soon. To help you avoid future declines, here’s my lineup of 10 famous financial stocks to sell immediately:

HSBC Holdings (HBC)

Market Cap: $179.34 billion

Dividend Yield: 3.12%

HSBC Holdings plc (NYSE: HBC) is a global banking and financial services company based out of London, UK. The British banking behemoth may be the world’s largest financial services group, but shareholder returns haven’t been reflecting that status lately. HBC slid into a downward trend last year and hasn’t found the momentum to reverse its path quite yet. HBC stock is down -9.23% since the start of 2010 and shareholders looking for a rebound are finding themselves out of luck lately – and could be waiting a while longer.

Bank of America Corp. (BAC)

Market Cap: $132.25 billion

Dividend Yield: 0.3%

Bank of America Corporation (NYSE: BAC) is a bank holding company and a financial holding company with more than 283,000 employees worldwide. After hitting a new 52-week low last Thursday, BAC stock has shown little indication that you should expect to see a rebound in the coming days. EPS estimates are down and earnings are projected to stay down through the end of the year on weaker revenue. This summer has been rough for shareholders with BAC down -19.2% since mid May.

Barclays (BCS)

Market Cap: $59.72 billion

Dividend Yield: 1.28%

Global financial services provider Barclays PLC (NYSE: BCS) made news this week when it agreed to pay $298 million to settle claims that it violated the Trading with the Enemy Act and the International Emergency Economic Powers Act by allegedly conducting illegal transactions with banks in Cuba, Iran, Libya, Sudan and Burma. BCS stock has taken investors on a wild ride this year with plenty of ups and downs; shares are down -6.98% from this time last week.

Citigroup Inc. (C)

Market Cap: $111.98 billion

Dividend Yield: N/A

Citigroup Inc. (NYSE: C) boasts approximately 200 million customer accounts and does business in more than 140 countries. But that scale has failed to help the stock out in the wake of mortgage related losses and slumping revenue. Citigroup share are down -5% in the last week alone, and off -20% from late April. Whatever swagger Citi had this year, it appears to be fading fast.

Credit Suisse Group (CS)

Market Cap: $52.62 billion

Dividend Yield: 4.02%

Credit Suisse Group (NYSE: CS) is a financial services company that provides advisory services, solutions, and products to companies and clients globally, as well as to retail clients in Switzerland. Shares of Credit Suisse have been on the decline since April and have not been able to reverse trajectory as quickly as the broader markets. With CS losing ground to the tune of -9.75% year-to-date, investors might wan to think about cutting their losses on Credit Suisse stock.

Goldman Sachs Group Inc. (GS)

Market Cap: $76.19 billion

Dividend Yield: 0.95%

The Goldman Sachs Group, Inc. (NYSE: GS) is a bank holding and a global investment banking, securities and investment management company which has slowly been slipping down the charts this past week. GS shares are down -7.64 points from this time last week and the stock failed to meet earnings estimates by a wide margin for the quarter ending in June of this year. Investors should be weary of this ominous trend in GS stock as of late, especially after earnings, and sell to avoid any further loss.

JPMorgan Chase & Co. (JPM)

Market Cap: $149.45 billion

Dividend Yield: 0.53 %

JPMorgan Chase & Co. (NYSE: JPM) is a financial holding company whose activities are organized into six business segments: Investment Bank, Retail Financial Services, Card Services, Commercial Banking, Treasury & Securities Services and Asset Management. Investors have had to watch as JPM shares have fallen -6.8% since it closed last Tuesday. Add to that the grim estimates for sales growth for the coming months, projected to be in the red until the year’s end.

Lloyds Banking Group (LYG)

Market Cap: $74.63 billion

Dividend Yield: N/A

Lloyds Banking Group plc (NYSE: LYG) is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers in four segments: Retail, Wholesale, Wealth and International and Insurance. LYG stockholders have been holding their breath since shares plummeted at the start of 2010. Shares are down -29.53% from this time last year. Stock value has remained low since Lloyds agreed to pay $350m to settle the investigations from early 2009 after admitting it allowed Iranian and Sudanese clients to access the US banking system by altering wire transfer information.

Royal Bank of Scotland Group (RBS)

Market Cap: $42.40 billion

Dividend Yield: N/A

The Royal Bank of Scotland Group plc (NYSE: RBS) is the holding company of a global banking and financial services group. It operates in the United Kingdom, the United States, and internationally through its two principal subsidiaries. Considering that RBS stock was trading at over $200 per share a few years ago, and it nearly collapsed during the onset of the financial crisis, it is not hard to imagine why some investors are not keen on gambling with RBS. With shares struggling to break through the $15 mark, it could be a long time before investors can relive the glory days of RBS investing – such as the $200 adjusted share price RBS commanded five years ago.

Wells Fargo & Co. (WFC)

Market Cap: $132.82 billion

Dividend Yield: 0.79%

Wells Fargo & Company (NYSE: WFC) is a diversified financial services company that provides retail, commercial and corporate banking services through banking stores located in 39 states and the District of Columbia. In the past three months, WFC shares have lost -20.55% and estimates project negative numbers for growth in the current quarter. With its questionable business practices and failure to gain any ground on the broader markets in recent months, WFC could be trimmed from quite a few portfolios very soon.

(source:ivestorplace)