Market Pulse Breaking News Alert for Monday, March 15, 2010: KCMH - KCM Holdings Corporation Reports Record Earnings and Off To
March 15 2010 - 7:30AM
Marketwired
Market Pulse News Alert for this AM, Stocks to Watch are: KCM
Holdings Corporation (PINKSHEETS: KCMH), Apple Inc. (NASDAQ: AAPL),
Citigroup Inc. (NYSE: C) and Attitude Drinks Inc. (OTCBB: ATTD).
Investors need to be watching KCM Holdings Corporation
(PINKSHEETS: KCMH) this AM! KCM Holdings is a strategic business
development holdings company that focuses on creating innovative
ideas and turning them into viable ventures in order to create
economic and social benefits for the company, shareholders and the
global marketplace. KCMH is comprised of six integrated core
business units: KCM Strategic Venture Group; KCM Strategic Media
Group; KCM Trading Group; KCM Venture Philanthropy Group; KCM
Insurance Services; KCM Relativity Hedge Fund. KCMH's primary
solution is incubating new or existing companies and developing
them for success on the public market. In 2007, eighty seven
percent of incubated businesses succeeded and stayed in business,
generating annual average revenues of $17 million. Topmost among
KCMH's holdings is Geenius Inc., a knowledge transfer web
technology venture. Geenius™ conservatively projects annual
revenues of $300 million within 5 years, as it launches thousands
of subject specific communities to meet the demands of growing user
created content industries such as the $6 billion Consumer
Self-Help and the $22 billion Business Development industries.
Additionally, KCMH recently acquired Empire Records, which will
immediately boost its shareholder value. Empire will be headed by
industry veteran Kevin Alexander, who brings over 15 years of music
experience working with some of the biggest acts in the industry
such as: The Black Eyed Peas, G-Unit, Dr. Dre, Erykah Badu, Eminem
and Linkin Park. KCM Holdings recently announced it is looking to
expand its portfolio in the green renewable energy sector. KCMH is
currently in negotiation to incubate two, cutting-edge,
green-energy companies that feature investment grade clients and
revenue streams. "The time for green energy is now. Research proves
its viability as a multi- billion dollar industry that will
continue to grow for the foreseeable future," states KCMH CEO,
Donald Klein. KCMH also announced that the company has begun alpha
testing its first mobile media application for the Apple iPhone and
iPod Touch. The application integrates social media such as Twitter
and Facebook, and entertainment content to enhance other ventures
by KCMH and eventually generate its own revenue streams. Plans are
also to create flexibility in the source code to accommodate
Google's Android platform and Adwords. Using their proprietary
incubation IP, the Incubation Solutions Matrix, and their in-house
incubation services capabilities combined with their commitment to
creating new business models for today's dynamic investment
climate, KCMH is poised to protect and preserve America's tradition
of entreprenurialism. KCMH's management team are experienced in the
common pitfalls and mistakes of publicly traded companies, and have
created internal controls to ensure the company's continued and
sustained profitability. KCMH's unique advantage is the ability to
leverage its in-house IP, expertise and resources to fully service
the needs of its business incubation and development clients,
delivering value, high performance and profitability for their
investors. KCM Holdings Corporation is poised to become a
significant player in the financial services industry! KCMH has had
several excellent press releases out lately and one again before
today's opening bell announcing the company's positive 2010
progress update for its incubation portfolio! The company also said
that despite the sluggish 2009 economy, KCMH reported a sixty-five
percent increase in revenues and record earnings! Investors should
be watching this one closely!
KCM Holdings Corporation (PINKSHEETS: KCMH) announced today the
Company's 2010 progress update for its incubation portfolio.
Despite the sluggish 2009 economy, KCMH reported a sixty-five
percent increase in revenues and record earnings. KCMH has
maintained that trend, having experienced a rapid start in 2010
through incubation services to three emerging companies: GEENIUS, a
patented software company; KidEQ a children's education and
entertainment company; and KCM Insurance Services.
For GEENIUS, the patented knowledge networking company, KCMH
anticipates the S1 registration to be filed during this quarter.
This will enable GEENIUS to become a publicly traded OTC:BB
company. GEENIUS will then be combined with KidEQ, which was
originally launched by KCMH in 2007 with its first DVD release, is
currently being reconfigured with an infusion of new resources to
deliver content online combining entertainment and educational
innovation. Finally, KCM Insurance Services (KCMIS), representing
KCMH's fastest growing revenue model, scaled from 10 agents to over
45 agents during the first 60 days of 2010. KCMIS is on pace to
reach a minimum 300 agents by yearend. Insurance revenues have
accelerated as expected according to Donald Klein, KCMH's Chief
Executive Officer.
"We are extremely pleased with this quick start to what should
be our breakout year. We expect to exceed all of our 2010 goals,"
states Klein, "KCMH is expected to announce more detailed
information specific to each of its incubated companies during the
upcoming weeks."
About KCMH:
KCMH is a strategic business development holdings company.
www.thekcmgroup.com.
Stocks in the news and acting well as of late include: Apple
Inc. (NASDAQ: AAPL), Citigroup Inc. (NYSE: C) and Attitude Drinks
Inc. (OTCBB: ATTD).
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