Market Pulse Breaking News Alert for Thursday, April 1, 2010: KCMH - KCM Holdings in Its Insurance Subsidiary Alone Is on Pace t
April 01 2010 - 7:30AM
Marketwired
Market Pulse News Alert for this AM, Stocks to Watch are: KCM
Holdings Corporation (PINKSHEETS: KCMH), ArQule Inc. (NASDAQ:
ARQL), SIRIUS XM Radio Inc. (NASDAQ: SIRI) and Superlattice Power
Inc. (OTCBB: SLPO).
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 that their on
pace to break $5 million 2010 insurance revenue target with the
addition of Bob Thompson & Family Benefits Group! Investors
should be watching this one closely!
KCM Holdings Corporation (PINKSHEETS: KCMH) announced today
subsidiary KCM Insurance Services (KCMIS) welcomes Texas insurance
agency, Family Benefits Group, and president, Bob Thompson, as a
strategic step in expanding national market equity, eventually
becoming a publicly traded company. This represents an immediate
boost in revenue for KCMH while solidifying key strategic personnel
boasting track records of success. Collectively, KCMH is on pace to
break its $5 million 2010 revenue target.
Bob Thompson brings 10 years of industry experience including
being a former regional Vice President for a recognized major
insurance company. He has pooled this acumen to foster Family
Benefits Group as an independent insurance agency to offer health,
life and supplemental products designed specifically for
individuals, families, contractors, self employed and small
business owners.
"We are extremely excited to welcome Bob and his team," says
Donald Klein, CEO of KCMH, "Collectively, we are confident that all
will reap the financial rewards and excellent quality of life KCM
stands for."
Family Benefits Group and KCMIS will combine resources to open
more offices in Texas, expand nationally and file to become a
publicly traded company. KCMIS already experienced a boost in the
first quarter of 2010, growing from 10 agents to over 40. The
addition of Bob Thompson and Family Benefits Group will see this
number boost significantly again in 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: ArQule
Inc. (NASDAQ: ARQL), SIRIUS XM Radio Inc. (NASDAQ: SIRI) and
Superlattice Power Inc. (OTCBB: SLPO).
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