--(www.USEquityNews.com)-- 06/20/2008 - Broadcasting industry alert provided by U.S. Equity News. XM (NASDAQ: XMSR), the nation's leading provider of satellite radio, recently announced that its award-winning XM NavTraffic service will be available as a factory-installed feature on the new 2009 Porsche Cayenne. XM radio's more than 170 channels of coast-to-coast entertainment has been available as a factory-installed feature for Cayenne models since 2005. XM is the exclusive satellite radio provider to Porsche. XM also recently announced that XM radio and XM NavTraffic will also be available as factory-installed features on all 2009 Porsche 911 models. Powered by NAVTEQ, XM NavTraffic is the nation's leading real-time traffic service, ensuing that drivers have the most current and most detailed traffic and incident information at their fingertips, whether they're commuting or traveling. XM NavTraffic is available in 80 major North American markets. Powered by NAVTEQ, XM NavTraffic is the nation's leading real-time traffic service, ensuing that drivers have the most current and most detailed traffic and incident information at their fingertips, whether they're commuting or traveling. XM NavTraffic is available in 80 major North American markets.
The Indiana Pacers, Indianapolis Colts, HANK's ADVANTAGE Health SkyConcert and Emmis Communications (NASDAQ: EMMS) are joining forces to make a difference for students in Indianapolis Public Schools through the "Suiting UP for School" drive, which will raise money to purchase school uniforms, supplies and meals for students in need. As part of the launch event next Monday, Indianapolis Colts owner Jim Irsay, Indiana Pacers co-owner Herb Simon and Emmis CEO Jeff Smulyan will hold a news conference at 11:30 a.m. on the south side of Monument Circle to discuss the initiative and to announce initial financial contributions to the effort.
Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, recently announced that tickets are on sale for The Dark Knight: The IMAX Experience. The movie opens Friday, July 18 at a total of 18 Regal Entertainment Group IMAX(R) theatres across the country. "The Dark Knight is a highly anticipated installment of the extremely successful Batman franchise. We expect a significant demand for advance ticket sales as fans are eager to see The Dark Knight on our massive IMAX screens," stated Dick Westerling, Senior Vice President of Marketing and Advertising for Regal Entertainment Group.
247MGI, Inc. (OTC: TOFS) ("247MGI") is pleased to announce that a substantial shareholder of the Company has agreed to send back to the Company 40 million shares of common stock to be canceled for Preferred shares in the Company. 247MGI has been working on this transaction for awhile and expects the certificates back in its possession within the next couple of weeks. When the 340 million share of common stock are canceled the number of outstanding shares will be 59 million, a big enough reduction for the Company to move forward with its planned reduction of the Authorized shares to 90 million. 247MGI is placing a Paypal link on its website to raise money to send calling cards to our troops. Please donate whatever you can so our men and women of the military can do what we do everyday, call home!
About U.S. Equity News
U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.
U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.
