Today's PMCM News Release ----- Rightscorp’s
Post# of 29735
Rightscorp’s Growth and Revenues Exceed 195%, Investors are Energized
Every song ever recorded, every movie ever made, most books ever written, many video games and most software programs are available instantly for free on the Internet. Envisional, a market research and consultancy firm reported that 24% of all Internet traffic is the illegal downloading and distribution of mainstream, high-quality movies, music, games, and software. Rightscorp, Inc. (OTCQB: RIHT) believes that no industry can compete long-term with their intellectual property available for free. This is why RIHT has a patent-pending, proprietary method for solving online copyright infringement by collecting payments from infringing user of file sharing software via notifications sent to their Internet Service providers (ISP). The RIHT technology identifies copyright infringers, who are offered a reasonable settlement option when compared to the legal liability defined in the Digital Millennium Copyrights Act (DMCA).
RIHT reported revenues for its fourth quarter ended December 31, 2013 and investors have are very pleased. The Company announced Q4 revenues of $155,381 up 195% from $52,739 in the same period last year. Revenues for the full year 2013 were $324,000, up 239% from $95,565 for the full year 2012. The growth in revenues was driven by the Company's ability to increase the amount of copyrights in its automated system by 135% from approximately 17,000 in the fourth quarter 2012 to more than 40,000 in the fourth quarter of 2013.
Will RIHT continue its phenomenal growth rate? A full report describing RIHT’s business model and a link to a CFA report with price target and recommendation can be found here: http://bit.ly/RIHT-Report copy and paste may be required
Freddie Mac (OTCQB: FMCC) uses mortgage securitization to fund millions of home loans every year. Securitization is a process by which they purchase home loans that lenders originate, put these loans into mortgage securities that are sold in global capital markets, and recycle the proceeds back to lenders... According to a Freddie Mac Vice President “rising home prices and interest rates along with little to no income growth has resulted in a substantial erosion of homebuyer affordability over the past year.”
Outlook Highlights and First Quarter Projections:
The lackluster labor market report for January resulted in a slow start for the residential sector. Only 113,000 jobs were created, less than the 194,000 per month the U.S. averaged for 2013.
Despite the Federal Reserve tapering activities, 10-year Treasury yields and fixed mortgage rates dipped about 0.3 percentage points between early January and early February, breathing a bit more life into refinance activity in the mortgage market.
Approximately half of the borrowers who refinanced held their previous loan for seven years or longer, according to the Freddie Mac fourth quarter refinance report.
Primco Management, Inc. (OTCQB: PMCM) operates as an integrated entertainment company. The company has announced the release of a single performed by a hot, new hip hop artist. PMCM has changed the direction of its real estate interests to function in the marijuana industry.
Primco Management is pleased to announce that new, rising talent, Jesse Scott's debut single, "F**k My Life," will be released nationwide to radio March 4, 2014. The buzz has been building both online and via grass-roots marketing efforts for this young, talented singer/songwriter. An organic, fan based response to "F**k My Life" is already driving the single across the nation. The first wave of new activity is expected to focus on the New York, San Francisco, Miami, and Chicago markets.
On the Real Estate side, the Company has signed a conditional lease for the launch of its first medical cannabis cultivation center. Plans call to subdivide the property into up to 6 separate nurseries to be sublet to fully licensed dispensaries in Los Angeles.
Creative Edge Nutrition, Inc. (PINKSHEETS: PMCM
FITX) markets nutritional supplements geared toward sports enhancement and general well -being under the name CENERGY. FITX’s subsidiary, CEN Biotech, has moved into the medical marijuana business. Creative Edge Nutrition GrowLife announced that Organic Growth International, LLC (OGI), its joint venture with CANX USA, LLC, has entered into a series of agreements with CEN Biotech, Inc. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest. OGI facilitated a 25% equity position in CEN Biotech. In addition, GrowLife and its affiliates will serve as CEN Biotech's exclusive supplier of legal cannabis growing equipment for the entire term of the shared ownership, subject to certain limitations. The company is working on construction of a new facility. This production facility is expected to have the capacity to produce up to 1.3 million pounds of dried medical marijuana annually.
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