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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Salon City Inc (CE) | USOTC:SALN | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
Steven Casciola, president and CEO of Salon City, said, "The response to BE! Magazine by professional beauty industry brands has been well received in its first two months. While it's still too early to project the magazine's impact on total sales, it appears BE!'s successful rollout is creating an upward trend. We're seeing increased contracts and motivated buyer interest in Salon City's print and digital products, and they both are showing a marked improvement."
Management feels BE!'s contribution to revenue increases can accelerate the launch of new media technology that can also be monetized and offered through the Company's existing print, online and digital media.
Salon City is currently in the process of selling its 2010 media program to buyers and Casciola is cautiously upbeat in his initial assessment, "Sales have experienced a mini jump-start these past two months after a challenging year of delays and market recession," says Casciola. "If BE!'s rate of annualized growth continues, it can become a top revenue generator next year. We're already starting to imagine what it can grow into once the economy starts getting back on track."
The Company is planning a shareholder conference call to discuss; (1) the Company's recent upsurge in press news and media attention, (2) The Company's plans to expand its beauty entertainment brand with new customers, and (3) the Company's continuing focus on creating unique content and licensing the distribution of it through salons and all media platforms.
For Full Press Release, Please Follow This Link : http://www.ewire.com/display.cfm/Wire_ID/5333
CONTACT: Investor Relations 310-402-2801 Email Contact Editorial Inquiries Email Contact Media Relations 888-522-3263 Email Contact
1 Year Salon City (CE) Chart |
1 Month Salon City (CE) Chart |
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