The suspense is building in OTC world with traders fed up with high profiled penny stock newsletter failures. After back-to-back failures from APS and a dramatic turn of events from TBX, the traders who prevail without substantial losses are those who can rely on the penny stock picks of firm’s like ours. In respect to that, take a good look at NightCulture Inc. (NGHT) and get ready for the profit party. NGHT stock is going to soon ignite and you won’t want to miss it.
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NGHT Stock Chart
Market Cap: 10.60M
Close: 0.215, down -0.015 (-6.52%)
Volume: 178,075
Dollar Volume: $41,877
High: 0.25
Low: 0.215
Trades: 29
Average Trade Size: 6,140
Authorized: 100,000,000
Issued and Outstanding: 49,322,325
Float: 8,560,755
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Consider this: During the year ending December 31, 2011, Night Culture – Texas, now a wholly-owned subsidiary of the Company, issued $480,818 of convertible debentures maturing on December 30, 2013. In March 2012, the Company issued 2,869,178 shares of NGHT stock to the Debenture holders on conversion of $480,818 plus accrued interest owing on the Debentures. That’s a cost basis of 0.16758 per share. As of June 30, 2012, there was no more convertible debt on the books.
On May 21, 2012, Night Culture acquired 100% ownership of Stereo Live, an entertainment venue operator, from our two principal shareholders in exchange for an aggregate of 2 shares of NGHT stock. As a result of the acquisition, operating results of Stereo Live are included in the Company’s consolidated statements of operations and cash flows. This is why revenues for the three and six months ended June 30, 2012 were $695,019 and $1,248,071, compared to $295,217 and $640,791 during the same periods in 2011.
Looking back further, prior to the consolidation of Stereo Live’s revenues for the 2012 reporting, NightCulture’s revenues increased by 193% from $150,830 for the year ended December 31, 2010 to $441,767 for the year ended December 31, 2011.
With Stereo Live now a wholly owned subsidiary, revenues which were principally derived from ticket sales to events that Night Culture promoted and produced for a negotiated percentage of the ticket revenues, as well as negotiated portions of revenues from merchandising, concessions and promotional opportunities, now includes revenues from venue rentals, beverage sales and other related fees and charges derived from operation of their Stereo Live venue.
Marketing 101: Hey Brian, get Bebida Beverage Company’s KOMA Uniwind over to these guys for the end of the night after party and watch your sales and BBDA stock price increase. One of you relaxation drink competitors, Dewmar International BMC (DEWM) is just minutes away from their 2 1/2 acre venue.
About NGHT Stock
NightCulture Inc., “Concerts that Change Your Life”, is a premier producer of live concerts and events. NightCulture produces, markets, and executes all aspects of its concerts from the selling of tickets to merchandise. NightCulture Inc. events are primarily in the Electronic Dance Music market.
This Saturday, September 8, The Crystal Method will be the featured artists of Stereo Live, LLC, a wholly-owned subsidiary of NightCulture. The Crystal Method who have been known for over a decade for their enduring dance floor anthems “Now Is The Time,” “Keep Hope Alive”, airwave smashes “Trip Like I Do” and a willingness to collaborate with an array of talent – including rock’s elite like Scott Weiland, Matisyahu, New Order’s Peter Hook, Emily Haines of Metric and Filter’s Richard Patrick.
The duo has dominated the remix, film soundtrack, television, gaming and advertising worlds, most recently helping Victoria’s Secret drop jaws with music for a TV commercial campaign and collaborating with soundtrack heavyweight Danny Elfman for several contributions to Hollywood blockbuster Real Steel. Their platinum-status debut album Vegas is one of the biggest-selling electronic albums of all time, landing them in the top five of best-selling electronic acts in America. They scored the film London as well as the themes for TV shows “Bones” and “Third Watch” and were the first act to work with Nike for their running soundtrack series. Their most recent album, the Grammy nominated Divided By Night, was released in 2009.
Bottom Line: You don’t need to take anything to feel the ecstasy this penny stocks is going to bring to portfolios that have NGHT stock in them. what you do need to do is add NGHT stock to your list of penny stocks so you can recoup some of those losses that APS and TBX caused you. If you passed on those high profiled pumpers, then you in the VIP and this is just an added bonus towards your millions.
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