Quality Stocks News-Financial Media Group, Inc. Launches MyWallSt.net, the Web's First Multimedia Financial Social Networking Site
IRVINE, Calif., Financial Media Group, Inc. (OTC Bulletin Board: FNGP), a diversified media and advertising company and owner of the branded financial consumer gateway www.wallst.net , today announced the launch of www.mywallst.net , the web's first interactive multimedia social network for individuals interested in the stock market and other types of investments.
"Drawing from our current traffic of more than 300,000 visitors per month at www.wallst.net , we are building a community of investors who can easily share ideas, perspectives, tastes and interests across the full spectrum of investment vehicles," said Albert Aimers, Chief Executive Officer of Financial Media Group, Inc.
"MyWallSt.net is free to registered members, and offers a highly customizable, user-friendly environment. Members can build personalized web pages with photos, videos, their own watch-list with updated stock quotes and tools, their own mailbox and blog. They also can participate in our proprietary 'Rookie Challenge,' which is a weekly investment portfolio performance contest with cash and prizes."
Members at MyWallSt.net have the ability to browse profiles, with search preferences ranging from sectors of interest to travel partners and romance, and use instant messaging. People can also join chat rooms and can track their communications with other members. The site features an easy link to members' MyWallSt.net pages that can be sent to friends and associates. Members can also create their own polls on their personal pages.
"The median age of our existing members is 35 to 45, with median annual incomes of $70,000 to $150,000. Our members can spend one to five hours per week researching ideas, and they invest in stocks, mutual funds and real estate," Mr. Aimers said.
"As the consulting firm McKinsey & Co. reported, the power in social networking is in shared opinions. They stated that two-thirds of all economic activity in the
Interested investors can join this groundbreaking multimedia, feature-rich financial social network today, at www.mywallst.net
About Financial Media Group, Inc.:
Financial Media Group, Inc. is a diversified media and advertising company that owns and operates www.wallst.net , a branded financial consumer gateway that provides in-depth, original multimedia editorial content, up-to-the- minute business news, and comprehensive financial tools and data for investors. In addition to WallSt.net, Financial Media Group, Inc. owns and operates www.mywallst.net , the Web's first multimedia social network for the global financial community. Financial Media Group, Inc. also owns "The Wealth Expo," a leading producer of educational investor expositions that are held across the
For more information, visit www.financialmediagroupinc.com
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Forward-Looking Statements:
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward- looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
Contacts:
Mary McCarthy Financial Media Group, Inc. (949) 486-3990, ext. 444
Michael McCarthy
Director of Business Development
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212.699.0606