SAN FRANCISCO, Sept. 26,
2012 /PRNewswire/ -- Media Sentiment, Inc. (PINKSHEETS: MSEZ)
is of the opinion that the following is a material event which
warrants a public release. The Company is pleased to report that it
is in the final stages of finalizing the acquisition of a new
asset, namely the social media video curation technology of
videocourier.com.
Media Sentiment immediate plans are to start the work on
integrating the videocourier.com technology into the media
sentiment set of tools. The plan is to use this new social
networking technology to enable users from around the world to
easily create and share video channels, in real-time by curating
video clips of material importance to equities, currencies, bonds
and any other financial instruments. The intent is to make this
technology available in as many languages as possible, from
available news sources around the world. Currently, the technology
already supports video clips from news sources such as CNBC,
Reuters, Forbes, CNN Money, The Wall Street Journal, TheStreet.com,
CBS News, Morningstar, Yahoo Daily Ticker, AOL Business, as well as
international sources such as BBC, Aljazeera, European Commission
and EuropeNews and others.
Marion Munz, MSEZ' CEO said,
"Social media curation is seen by many experts as the next major
media trend for social networking technologies, following the
extraordinary valuations of the traditional social media networks.
As an example, Pinterest.com, one of the latest darlings of Silicon
Valley investment community, has recently received a $1.5 billion valuation, due in part to the
perceived growth potential."
Media Sentiment sees as a tremendous opportunity to create one
of the most comprehensive databases of video news that shakes
markets around the world, by making use of its trademarked thumbs
up and down symbols to indicate the sentiment coming from video
news and information that moves markets. The trademarked meaning of
the thumbs up and thumbs down symbols should be easily understood
by anyone, in any language, therefore maximizing the impact and
timeliness of the news.
The company will continue its search for additional acquisition
candidates, and foresees closing this transaction within the next 3
to 5 business days.
In other company news and updates, the Company
effective September 21, 2012 has passed a Corporate
Resolution to engage the transfer agent services of Action Stock
Transfer Corp. Transfer agent services are estimated to be
transferred as of the week of October
2, 2012 to:
Action Stock Transfer Corp.
2469 E. Fort Union Blvd, Ste 214
Salt Lake City, UT 84121
(801) 274-1088 office
www.actionstocktransfer.com
More details will follow on a timely basis.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Media
Sentiment, Inc., that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "see," "intent,"
"plan," "project" and similar words and phrases are intended to
identify such forward-looking statements. Media Sentiment, Inc.
cautions you that any forward-looking information provided by or on
behalf of Media Sentiment, Inc. is not a guarantee of future
performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. Media Sentiment, Inc.'s actual
results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Media Sentiment, Inc.'s control.
In addition to those discussed in Media Sentiment, Inc.'s press
releases, public filings, and statements by Media Sentiment, Inc.'s
management, including, but not limited to, Media Sentiment, Inc.'s
estimate of the sufficiency of its existing capital resources,
Media Sentiment, Inc.'s ability to raise additional capital to fund
future operations, Media Sentiment, Inc.'s ability to repay its
existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match
Media Sentiment, Inc.'s capability to be awarded contracts. All
such forward-looking statements are current only as of the date on
which such statements were made. Media Sentiment, Inc. does not
undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on
which any such statement is made or to reflect the occurrence of
unanticipated events.
CONTACT:
INVESTORS@MEDIASENTIMENT.COM
SOURCE Media Sentiment, Inc.