Steve, interesting bit of industry news. Morgan S
Post# of 45510
Steve, interesting bit of industry news.
Morgan Stanley Calls a Meeting with Black Shopping Channel, (BSC)
Feb. 19, 2013: Ms Harris (Morgan Stanley) said that BSC could be a $5 per share stock if the company goes public too soon, or in her opinion BSC could reach an IPO of over $70 per share if the company waits for the right time to enter the stock market. Ms Harris recommended that the company continue to raise funds from private equity sources and expand their television coverage to over 65 million homes before the company goes for its IPO.
Black Shopping Channel (BSC), is the only Urban television shopping channel that sells the products of small business owners across America on National television in a QVC format and on the Internet in an Amazon type format. BSC is broadcast over national television on FTA access and cable to over 9,500,000 homes across the United States. Additionally, BSC is available over the satellite transponder and the internet to the entire world. BSC controls an internet broadcast network, www.blackshoppingchannel.tv where consumers can shop through infomercials about the innovative products of small business owners all organized on 16 network channels. BSC has over 2300 distributors across the US markets to assist small business owners in getting their products sold over television. The BSC format is designed to provide small business owners with a platform to advertise and sell more products in a television shopping channel format. BSC has a contract with DISH Network to begin airing in the near future. Also, BSC has contracts and partnerships with Charter, Comcast, and Time Warner/AOL. BSC is looking to expand broadcast coverage to over 65,000,000 homes in 2013. Visit www.blackshoppingchannel.com or call 800-826-1497 for more information.
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