LOS ANGELES, CA — (Marketwire) — 08/26/10 — Convenience TV Inc. (OTCBB: CRPZ) has achieved a viewership milestone with the completion of its latest network installations.
“We have now expanded to 28, the number of retail outlets in the greater Los Angeles area,” said President and CEO, Mr. Norman Knowles. “This is an exciting moment for us at Convenience TV, as our newest client base offers the company a monthly audience of over 1 million viewers.
“The company plans steady growth with an ever-expanding audience. We will establish another 20 locations in the near future, moving towards our short-term goal of 100 installations in the Los Angeles area by the end of the first quarter next year,” he said. “Then we’ll look forward to expanding operations throughout the California region and other top 10 DMAs.”
By Leah Schnurr – Reuters
Stocks hit lowest level in seven weeks
NEW YORK (Reuters) – Stocks fell to their lowest level in seven weeks on Tuesday as an unexpectedly large drop in home sales ratcheted up concerns that the economic recovery is even weaker than had been feared.
The Dow and S&P 500 racked up their fourth day of losses in a row after an industry group reported that sales of U.S. existing homes in July fell to their slowest pace in 15 years.
“What’s really driving us is the sense that the economic outlook is unraveling a bit,” said Bernie McSherry, senior vice president at Cuttone & Co in New York.
With housing a linchpin of the U.S. consumer economy, the latest data cast doubt on the pace of recovery and added fuel to investors’ recent search for safety.
Prices of U.S. Treasuries soared, sending two-year yields to another record low. On the S&P 500, defensive plays telecoms and utilities were the only sectors to gain for the day.
Yesterday’s Top Performing Small Cap Stock:
Convenience TV Inc. (OTCBB: CRPZ)
Convenience TV Inc. was a SmallCapVoice.com top performer closing up over 7.22% on trading volume of 172,614 shares.
ST. LOUIS, Aug. 24, 2010 (GLOBE NEWSWIRE) — Murphy Analytics (MA) has initiated coverage on Convenience TV, Inc. (OTCBB:CRPZ). The Initiation Report contains a detailed discussion of the CRPZ business model, market dynamics, industry competitors, macroeconomic data and indicators, financials and risks. The Initiation Report is available at http://www.murphyanalytics.com/uploads/CRPZ_Initiation.
Analyst Patrick J. Murphy, CFA notes in the report: “Marketers are expected to continue shifting away from direct mail, television, print and other traditional media and towards digital, mobile and other two-way, interactive, more consumer targeted advertising channels. While CRPZ faces many challenges including competition from established digital place based advertising providers, the interactive marketing spend is projected by Forrester(R) to reach $55 billion or 21% of all marketing spend by 2014. Both the tremendous size of the advertising market and the manner in which the market is shifting create significant opportunity for CRPZ as it seeks to build a robust advertising network among approximately 145,000 U.S. convenience stores. Additionally, because CRPZ estimates over 60% of these convenience stores are owned by single-store owners, the Company will be able to target a market segment that may be too fragmented to become a focus for the established place-based advertisers.”
Aug. 24, 2010 (Business Wire) — SmallCapVoice.com, Inc. announced today that a new audio interview featuring Convenience TV Inc. (OTCBB:CRPZ) is now available. The interview can be heard at http://smallcapvoice.com/blog/8-23-10-audio-interview-with-convenience-tv-inc-otcbb-crpz.
A different audio-taped webcast interview with Convenience TV Inc. CEO Norman Knowles is also available on the “Webcasts” page at www.TheGreenBaron.com. The Green Baron Report initiated coverage of CRPZ on Friday, August 20 as a “Stock Alert.”
Podcast: Download (Duration: 13:53 — 12.7MB) | Embed
Norman Knowles, President and CEO, Convenience TV Inc. (OTC.BB: CRPZ) called into SmallCapVoice.com to discuss how Convenience TV is focused on the Convenience Store Industry and provides their clients with an “in-location” TV network. The Network is designed to deliver both entertaining content and targeted advertising on a demographic basis to each retail location. In addition, the Network delivers promotional advertising tied to products within the retail location. The programming can be up-dated quickly and is tailored to meet the specific client’s need for increased sales, customer enjoyment and brand reinforcement.
LOS ANGELES, CA — (Marketwire) — 08/23/10 — Convenience TV Inc. (OTCBB: CRPZ) has achieved a viewership milestone with the completion of its latest network installations.
“We have now expanded to 28, the number of retail outlets in the greater Los Angeles area,” said President and CEO Mr. Norman Knowles. “This is an exciting moment for us at Convenience TV, as our newest client base offers the company a monthly audience of over 1 million viewers.
“The company plans steady growth with an ever-expanding audience. We will establish another 20 locations in the near future, moving towards our short-term goal of 100 installations in the Los Angeles area by the end of the first quarter next year,” he said. “Then we’ll look forward to expanding operations throughout the California region and other top 10 DMAs.”