UOMO Media Announces Record First Quarter Results.TORONTO -- UOMO Media Inc. (OTCBB OTCBB
See OTC Bulletin Board (OTCBB). :UOMO), a multi-channel entertainment company, today announced its results for the first quarter of fiscal 2009, representing 13 weeks of operations ending July 31, 2008.
Revenue for the three months ended July 31, 2008 was $315,225 setting a record for the highest first quarter sales in the Company's history.
Ms. Jueane Thiessen, CFO See Chief Financial Officer. of UOMO Media, commented, "Our revenue in this period is unprecedented for the company, and we expect that we will continue to increase our revenues as we continue to roll out operations in our new line of operations that portion of a theater of war which an army passes over in attaining its object.
See also: Line , providing music publishing The contractual relationship between a songwriter or music composer and a music publisher, whereby the writer assigns part or all of his or her music copyrights to the publisher in exchange for the publisher's commercial exploitation of the music. , digital media, production, and talent management services."
The first quarter results represented strong overall performance, including an increase in total assets from $79,547 to $ 553,969 in the year-ago period and a 230 percent growth in net increase in cash flows generated from operations since last year.
The company notes that the numbers contained in this release are unaudited, and are made in good faith and based on all the financial information available to the company today.
UOMO Media also wishes to caution readers that any forward looking statements are just beliefs or predictions, and that actual results might differ materially from those projected in any or all of the forward-looking statements forward-looking statement
A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Further, past financial business, operations and stock performance are not necessarily indicative of the company's future performance.
Forward Looking Statements:
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K Form 10-K
A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.
See 10-K. ; its quarterly reports on Forms 10-Q; and any reports on Form 8-K Form 8-K
The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock.
See 8-K. . UOMO Media Inc. takes no obligation to update or correct forward-looking statements.
About UOMO Media Inc.
UOMO Media Inc. is a multi-channel entertainment company that acquires, produces, and manages intellectual media content and digital assets. UOMO integrates existing and well-established revenue streams in recorded music recorded music n → música grabada , publishing, and talent management through its four operating divisions: UOMO Digital, UOMO Recorded Music, UOMO Talent Management, and UOMO Publishing. PricewaterhouseCoopers estimates that by 2011, the global media and entertainment industry will be worth US$ 2 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time.
(mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed.
In the USA and Canada, 10^12. . www.uomomedia.com.