Aggressive investors make sure to watch Gray Publishing and Media, Inc. (PINKSHEETS: GPMIJ) this morning, as the company, digital publisher of Casebriefs(TM), the most popular and largest selling digital study aid content to law students, continues to issue news indicating a strong increase in investor interest. Coupled with the company's other recent announcements, this should be a stock to watch this morning.
Yesterday after the stock markets closed, the company issued a press release announcing that, due to huge demand by the investing public, with regard to newly spun out (GPMIJ), the company decided to release a corporate web site, gpmij.com along side its e-commerce retail site. Today, GPMIJ.com will be released giving investors a continuous update on the company's forward movement. "This is an exciting time for Gray Publishing & Media, Inc.," states David Gray, CEO of the Company, he further adds, that "due to all of the new opportunities afforded the Company, investors now have a real-time view of the added value initiatives the Company is engaging upon." Due to investor questions, the company believes it is best to offer this type of transparency into its operations. Additionally, the Company is finalizing its preparation and filing of the 15c-211 documentation giving investors further transparency into the company.
Wall Street News Alert first began coverage of Gray Publishing and Media on July 19th when it was announced that Market Advisors Research had initiated coverage of the company with an Intermediate Term Price of $1.38, quoting amongst other things, that the company has partnered with the textbook division of Barnes & Noble. With this partnership, GPM's product lines are offered on each and every law bookstore web site that is either owned by or affiliated with Barnes & Noble.
Shortly thereafter, on July 23rd, the company announced that it had increased 2nd quarter revenues by 60% as compared to the 2nd quarter of 2006 and that the company has begun to look at market-niche specific, complementary businesses and product lines to acquire. Management anticipates entering into the due diligence process of these potential acquisitions shortly.
Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of Gray Publishing and Media!
Before the news was released, GPMIJ had closed Monday at Fifty cents a share.
For Wall Street News Alert's in-depth profile of Gray Publishing and Media, visit http://www.WallStreetNewsAlert.com/HotStocks/GPMIJ073007/default.aspx
Today, Casebriefs(TM) is the most popular selling digital briefs to law students around the country.
In case you are not familiar with the company: Founded by David Gray in 1995, Casebriefs(TM) was the first-ever digital case brief software for law students. Gray was instrumental in building Casebriefs(TM) into the leading case brief software being sold in virtually every law school bookstore in the U.S. The Casebriefs(TM) product line consists of study guide applications geared to assist law students with explanations and analysis of those issues presented in the first year curriculum. By the fourth quarter of 2005, the Casebriefs(TM) product line became the most popular and the largest selling digital study aid content to the nation's first year law student population.
GPMIJ is Mergent listed and is blue-skyed in almost all 50 states. The company is in the process of filing its 15c-211 and is aggressively moving to become fully reporting and completely transparent to the investor. Further, all investors and brokers can get quotes for GPMIJ on Pinksheets.com.
Additionally, the following market-makers are making a market in GPMIJ: Legacy trading symbol LGTD, #405-216-9443, Finance 500 Inc., symbol FANC, #949-724-4880, Domestic Securities, symbol DOMS, #201-782-0009, Knight Securities, symbol NITE, #800-232-3684.
To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.
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"On Monday, Verizon Communications, the country's second largest telecommunications company, reported second-quarter earnings that rose 4.5 percent from a year ago, mainly due to its successful cell phone division," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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