Financial Media Group, Inc. is an online web publisher dedicated to building 2.0 Web properties for integrated Ad Networks and eCommerce properties. The company’s subsidiaries/brands include: WallStreet Direct, Inc., Financial Filings Corp., ForWant.com, WallStRadio, and Sippinit.com.

WallStreet Direct, Inc provides financial news and media for the retail and institutional investment community. The subsidiary offers its free members audio interviews with management from leading and emerging publicly traded companies, podcasts from well-known business news personalities, comprehensive financial tools, and community-driven applications.

Financial Filings Corp offers public and private companies services, including electronic document conversion (EDGAR), timely news release distribution, legal services, business development, corporate finance, and accounting. They also provide consulting services in business strategy, finance, operations, and organization.

ForWant.com is a free online classified site that enables users to search for a variety of items and specializes in the categories of jobs, housing, for sale, personals and services throughout the United States. The site has more than 10 million listings and generates revenue by offering premium advertisements.

WallStRadio features more than 150 shows from well-known publishers such as Jim Cramer, Bloomberg and Motley Fool, as well as offers free access to exclusive programming produced and hosted by the company’s own team of editors. Sippinit is an online pop, entertainment and gossip property.

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Financial Media Group, Inc. (OTC Bulletin Board: FNGP), a fully-integrated financial brand builder focused on developing tools, education, and financial social communities for both the retail investor and publicly traded companies, announced the launch of WallSt.net’s News Magazine, a half-hour television program for investors.

As part of the company content distribution strategy, Financial Media Group will air episodes nationally on numerous networks, providing interviews with CEOs, a run-down of newsworthy headlines from U.S. and international stock exchanges, and investment tips and strategies from Wall Street professionals. WallSt.net’s News Magazine is hosted by Peter Ward, an accomplished broadcaster, reporter and television producer.

This new television format will leverage the WallSt.net brand, along with existing relationships with public company executives, and investment professionals. In addition, the program will offer viewers a current, headline-driven news format, while building the WallSt.net brand and generating traffic.

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Financial Media Group announced that it will participate as a proud sponsor of Paulson Investment’s 30th Annual WesterGaard Conference, which will be held in New York City at the Waldof-Asoria Hotel tomorrow. The company’s wholly owned subsidiary will also play a part in sponsoring the event.

The Conference will be hosted by Paulson Investment Company, Inc. and will feature emerging growth companies focused on leading their respective industry sectors, including alternative energy, security, technology, pharmaceutical, biotechnology, environmental and consumer products.

Founded in 1978 by noted small cap analyst John Westergaard, this prestigious event provides a location for small cap companies to share comprehensive insight into their business operations, short and long term growth strategies, and industry vision.

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The Wealth Expo, Inc., a wholly owned subsidiary of Financial Media Group, Inc. (FNGP.OB), announced that Ron Insana will be giving a keynot speech at the upcoming Wealth Expo in New York City. Ron Insana is the Founder and Managing Director of Insana Capital Partners, and frequently contributes to CNBC as well. This Wealth Expo will take place at the Jacob Javits Convention Center in New York, NY on Saturday, October 20, 2007.

Insana Capital Partners are a group of investment advisors with over $100 million in assets under Insana’s leadership. Mr. Insana was also the anchor of CNBC’s Street Signs, has wrote monthly columns for major U.S. newspapers, and has hosted a nationally syndicated radio program. Additionally, Mr. Insana has more than two decades of financial market experience as an award-winning journalist covering global economics, financial markets, political policy and the alternative investment industry.

“Anyone with an interest in growing their wealth should attend the Wealth Expo,” Mr. Insana said. “This three-day conference will feature seminars and speeches from deeply knowledgeable investment professionals, and executives on a broad range of topics including the U.S. stock market, investing in foreign stocks, and ETFs.”

The Wealth Expo will be held at the Jacob K. Javits Convention Center in New York, NY and will feature a variety of educational investment seminars, exhibitions from leading public and private companies, and interactive workshops with investment professionals and more than 25 well-known financial newsletter writers.

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Herman Cain will be giving a keynote speech in addition to the many events planned for the upcoming Wealth Expo.

Mr. Cain is an accomplished speaker and is credited with the success of transforming the deteriorating Godfather’s Pizza into a flourishing business. He is called a visionary leader by The Wall Street Journal and Business Week. Many organizations have had him apart of their national debates on fiscal and governmental policies. He also had experience as the Chairman of the Federal Reserve Bank of Kansas City.

Some of the other special events include a speech given by Mr. Harvey Pitt, a former SEC chairman who will explain how individual investors can survive in today’s market place; and also include a live trading session hosted by Mr. Jake Bernstein, the president of MBH Commodity Advisers and a frequent guest on CNBC.

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Investors are searching for a place to learn how to protect their investments ever since the recent volatility of the stock market last week. The Wealth Expo, owned by Financial Media Group, will have a wide array of seminars by experts on investments. The goal of the Expo is to provide the visitors with winning strategies and tips in order to make them more intelligent when investing.

The main event will be a keynote speech given by Mr. Harvey Pitt, a former SEC chairman. The title of his speech will be “How Individual Investors Can Survive in Today’s Market Place.”

The seminar will also feature presentations from private and public companies, in addition to Mr. Jake Bernstein hosting a live trading session. Mr. Bernstein is the president of MBH Commodity Advisers and a frequent guest on CNBC.

The establishment used will be able to accommodate over 1,500 people.

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Today Financial Media Group released information that contained the development of their new Podcast network, WallStRadio.com. WallStRadio is an all-new internet radio network and it is scheduled to launch April 16, 2007.

WallStRadio will be an addition to FNGP’S www.wallst.net and www.mywallst.net.  WallStRadio will feature a full spectrum of business and finance audio content including up-to-the-minute news, investment views, company conference calls, and industry perspectives and opinions from a variety of sources including well-known business personalities and corporations.

The company expects to build regular visitors quickly because their main website www.wallst.net, averages about 350,000 visitors each month.

WallStRadio will be customizable to each user’s preference. Users will be able to subscribe to many different Podcasts and even start their own Podcasts of their favorite shows.

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Business activity is strong at Wallst.net.

Financial Media Group, Inc (FNGP) reports record setting traffic at its flagship financial portal, wallst.net in January 2007.  The site received 433,263 visits during the month, a 30% increase over its previous best month in August, 2006. 

The Company has taken steps to make the site more welcoming to new visitors. For example, registration is no longer required to listen to the audio interviews. Further, the Company plans to launch several new technical applications, tools, and spin-off websites, in the months ahead to enhance the visitors overall experience.

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The news of late from Financial Media Group, Inc., has been very exciting and indicates good things are happening:

• Revenues UP Sharply
• Successful launch of MyWallSt.net
• New Revenue streams anticipated soon
• Acquisition of “The Wealth Expo” Brand of Expositions

The question is heard, then why the recent sell off, on the share price?

When asked, the CEO noted: “I think the initial selling has triggered some panic.”

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To date, Financial Media Group, Inc. (FNGP) has produced most of its wallst.net revenues from advertising sales. 

As its product and service offerings evolve, the potential exists for FNGP to enjoy new sources of revenue.  Industry analysts believe the potential exists for premium service subscriptions, product sales, seminars, online educational products, and Direct Response marketing initiatives.

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Wallst.net, a unit of Financial Media Group, Inc., (FNGP) gains stature with its “Exclusive” content.  The site offers exclusive CEO authored content, and compelling CEO interviews with executives from NYSE and NasdaqCM listed firms.

Its Rookie contests cement member loyalty, and have attracted lots of fans and players to the site.  The contest generates lots of interest, as the top performing portfolio is awarded $1,000 each week.

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In receiving a strong “Speculative Buy” rating from Harbinger Research LLC; Harbinger credits FNGP’s already strong web membership base. 

Membership conversion from wallst.net’s 300,000 monthly visitors can serve as a jump start to user adoption. The link between the portals can ultimately achieve fast track critical mass for Financial Media’s social networking site, mywallst.net.

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The shares of Financial Media Group, Inc. gained 3.70% today on news of higher revenues for the first quarter and a very positive analyst research report.

Harbinger Research LLC, New York has rated FNGP as a “Speculative Buy”. Harbinger feels that the key momentum is the accelerating revenue growth, coupled with the launch of the new financial social networking site, mywallst.net.

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Revenues for the most recent quarter ended 11/30/06 were up sharply at Financial Media. The Company reported a rise of 22% in revenues from the same period in 2005.

The increase was the result of strong growth in advertising revenue in the quarter, coupled with the addition of new customers. Near term and long term growth prospects look strong as the Company is bringing on stream two new service offerings; “The Wealth Expo” brand of investor expositions and MyWallSt.net, its unique Financial Social Network.

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Surveys have shown that the Financial Media website brands represent a valuable demographic:

• Average household incomes over $75k
• Over 85% of potential members own securities
• 33% have an investment portfolio worth at least $250k
• Internet financial readers are 3 times more likely, to have an investment portfolio, valued over $1 million dollars

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BIG news to hit on Monday AM?

The word on the street is FNGP is a “One to watch for next week…”

The Financial Media Group, Inc., FNGP is kicking with gas and has HUGE traffic…they could be on the road to something very special. 

Look for the details Monday here @ QualityStocks.

Financial Media Group, Inc. (FNGP) finds a growing brand with its WallSt.net unit. Wallst.net is a multimedia provider of commentary and news regarding publicly traded companies from around the world.

Since its inception in 2003, the response from site visitors has been strong.  The site, operated by the Financial Media subsidiary Wall Street Direct, Inc., has recorded more than 1,000,000 unique visitors and over 80,000 subscribers.  Members enjoy compelling audio interviews with management, plus podcasts and comprehensive financial tools.

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Financial Media Group, Inc. (FNGP) offers a niche compliance service for public companies through its subsidiary Financial Filings Inc.

This is a very important and key area for small and medium sized public companies.  Many smaller firms can really benefit from having a cost effective solution, that accurately formats their SEC filings.

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The newly launched financial social networking site, mywallst.net is packed with robust features and functionality. 

It offers members a highly customizable and user friendly tool, allowing for easy creation of personalized web pages. Members have the ability to browse profiles, with search preferences ranging from investment sectors of interest to travel partners, and romance with the added functionality of instant messaging.

First to market, this specialty niche service offering from FNGP, looks to have the winning formula for success.

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Social networking is all about “shared opinions”.  What makes the concept extremely viable as a tool becomes very clear when you look at the analysis and report by McKinsey & Co. It shows that “two thirds of  all economic activity in the United States is influenced by shared opinions about a product, brand, or service.” 

Financial Media plans to harness the power of the concept of social networking and draw visitors to its new site, mywallst.net, from its current traffic of more than 300,000 visitors per month. Wallst.net attracts a very desirable site membership demographic with median ages 35-45, and median incomes 70k to 150k.

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Mywallst.net is the Web’s first multimedia financial social networking site.  If comparing to MySpace or YouTube, the site is unique in that mywallst.net is focused on people who invest. 

MyWallSt.net has high upside potential to become an extremely valuable asset. Marketwatch.com was bought for $520 million by Dow Jones. MySpace.com’s parent company was bought for $580 million by News Corp; while YouTube just sold for $1.65 billion in Google stock.

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Financial Media Group, Inc. (FNGP) is an attractive and exciting firm.

It is fast becoming an industry leader in multimedia advertising services to small and mid sized public companies, with its anchor properties wallst.net and the just launched mywallst.net.

The fundamental reality is that  online advertising is exploding and expected to reach $26.4 billion in 2010.  Consumers are spending more and more time online.  Wallst.net’s members spend an average of one to five hours per week researching investments online.

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Today’s announced acquisition of “The Wealth Expo” brand by Financial Media Group, Inc. (FNGP) was seen as a good business fit. The new business unit compliments the existing concentration on the advisor market. It provides the Company with an established venue that attracts investors seeking products and information.

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Financial Media Group, Inc. (FNGP) has some very aggressive growth plans for its newly acquired exposition unit “The Wealth Expo”. In just a few short years, the “The Wealth Expo” brand has become a one stop shopping experience for serious investors. The broad scope of the event makes it a uniquely positioned venue and value proposition, for both investors and exhibitors.

The Wealth Expo delivers on its promise to introduce the best traders, educators, products and services to help fulfill the needs of today’s investors. 

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Financial Media Group, Inc. (FNGP) has completed its acquisition of “The Wealth Expo” line of expositions.  The Company plans a four city tour in 2007 to include Atlanta, Anaheim, Seattle, and Schaumburg, IL.  The expositions draw thousands of attendees and exhibitors covering a 3 day period to allow for a greater number of attendees.

The event topics include investments, trading software, portfolio management, retirement planning, and personal finance.

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The recent announcement by Financial Media (FNGP) that it plans to acquire “The Wealth Expo” brand of investment seminars could be a boom to seminar attendance, according to analysts. 

It is anticipated that Financial Media will be able to leverage its WallSt.net vehicle to generate wider seminar interest and awareness.  Wider awareness should lead to an increased number of attendees at each event.