RHNMEDIA Releases Pro-Forma Revenue Projections.WASHINGTON -- RHNMEDIA (f/k/a Real Hip Hop hip-hop or hip hop n. 1. A popular urban youth culture, closely associated with rap music and with the style and fashions of African-American inner-city residents. 2. Rap music. adj. Matrix Corp) (a Nevada corp.) (Pink Sheets:RHMX) announces revenue forecasts for YE-2007 & 2008. The Company and its subsidiaries have provided the 24-month consolidated projections based on the Company's business assumptions and hypothetical conditions regarding the Company's revenue sources including but not limited to: (i) Cable & satellite domestic distribution, (ii) Special events calendar 2007 only, (iii) Direct and indirect sponsorships (iv) TV advertising (v) Syndication (vi) Joint ventures (vii) PPV Positive predictive value (PPV) The probability that a person with a positive test result has, or will get, the disease. Mentioned in: Genetic Testing PPV porcine parvovirus. PPV Positive-pressure ventilation .
2007 >
2008
Total Gross $7,391,500 >
$44,297,000
Expenses (6,928,540) >
(7,445,000)
>
Net $462,960 >
$36,852,000
Atonn Muhammad, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of RHNMEDIA, stated: "This is an exciting time for us. Through our dogged perseverance and the unwavering support of our loyal shareholders, we have grown the distribution of RHN RHN RedHat Network RHN Robin Norwood RHN The Royal Hospital for Neuro-Disability (London, England) RHN Registered Holistic Nutritionist RHN Russian Hill Neighbors (San Francisco, California) .TV to approximately 33,000,000 households. Our recent agreements with Backchannelmedia enhanced our ability to close on advertising business that has been waiting in the wings for RHN.TV to hit metro audiences in 2007. Affinity advertisers representing well known brand name consumable and apparel clients have entered into negotiations with RHNMEDIA for several innovative 'grassroots' or 'street campaign' promotions through 2007/2008. Although this area of our business is unpredictable, a grass roots grass roots pl.n. (used with a sing. or pl. verb) 1. People or society at a local level rather than at the center of major political activity. Often used with the. 2. The groundwork or source of something. trend 'that catches light' with Hip Hop audiences may provide revenues far in excess of our most aggressive projections. We have remained conservative in our financial outlook and we strongly believe in under-promising and over-delivering. We do not subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; corporate high spending and lavish perks as our experiences in raising capital thus far has taught us not to squander squan·der tr.v. squan·dered, squan·der·ing, squan·ders 1. To spend wastefully or extravagantly; dissipate. See Synonyms at waste. 2. or waste our resources. The Company was entirely privately funded until November 2006. We wish to thank Giorgio Costonis of RMD See Required minimum distribution. Entertainment (Pink Sheets:RMDG RMDG Regional Micro-Disarmament Guidelines ) who introduced us to a talented group of NY Investors and financial advisors whose recent investments in RHNMEDIA has enabled us execute our plans." About RHNMEDIA + RHN.TV RHNMEDIA + RHN.TV is the first 24 hour cable network dedicated exclusively to Hip Hop lifestyle and culture. RHN.TV currently broadcasts to approximately 33 million US households. The Washington, D.C.-based network has a regular programming schedule devoted almost entirely to the Hip Hop marketplace with a targeted selection of programming centered on the foundation of Hip Hop's core elements: Deejaying, Emceeing, Break dancing and Graffiti. Target Audience: 18-34 demographic, in both urban and suburban markets; certain programming is targeted towards the 12-24 audience. Distribution: RHN.TV can be seen in over 22 million US households through Dish Network See DBS. (Channel 9407), Comcast in Denver (Channel 55) and in LA on Adelphia through a programming agreement with CoLours TV. RHN.TV has been on air in the Washington, D.C. market through MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. since July 1, 2006. RHN.TV's distribution through OlympuSat provides 24-hour access to 15 million homes in 2005 growing to approximately 43 million homes by 2008. OlympuSat provides distribution through a multi-content agreement with Dish Network, Direct TV and the top 10 major cable channels. IP distribution of RHN.TV is offered through a partnership with ROO roo Noun pl roos Austral informal a kangaroo Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :RGRP). Enjoy our web presence: www.rhn.tv, www.rhnmedia.com Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the federal securities laws, and language indicating trends, such as "trend improvements," "progress," "anticipated," "improving sales trends" and "on track." It also includes financial information, of which, as of the date of this press release, the company's independent auditors have not completed their consolidated review. Although the company believes that the assumptions upon which the financial information and its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the company's projections and expectations are disclosed in the company's filings with the Securities and Exchange Commission if appropriate. These factors include, among others, changes in consumer preferences and product trends; price discounting by major competitors; unanticipated expenses, margin impact and other factors resulting from the recent consolidation; failure to realize anticipated results from synergy initiatives; and increases in costs generally. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. We do not undertake to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. |
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