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A New Spotlight On Diverse Media Group (PINK:DVME.PK)
By: Michael Vlaicu   Thursday, October 22, 2009 9:31 AM
Diverse Talent Group clients have also booked lead roles in feature films such as Dreamgirls, Welcome to America, The Flock and Transformers. Source here

Experienced Leadership

Building on a senior leadership group with a combined experience in the entertainment industry of over 100 years, Diverse Media Group Inc. is currently assembling an expanded team of dynamic professionals to help move the Company forward.

CHRIS NASSIF

Chairman & Director
CEO, Diverse Talent Group, Inc. (DTG)

The Company is led by founder Chris Nassif, an agent in the entertainment industry for the past 27 years.  During that time he has represented actors, directors, producers, editors, and has packaged many television and feature film projects. The wide-ranging relationships he has developed with in the Hollywood community are a key asset in the expansion effort.

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STEPHEN J. COHEN

CEO, Director
President, Diverse Television & Syndication

Steve Cohen brings Diverse Media Group a vision honed during a career at the forefront of emerging media platforms. Previously president of Hometeam LLC, a Seattle-based company which received millions in private investment, he also has served as consultant for the launch of the entrepreneur-funded Dyson News Network (DNN).

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RICK FRIEDMAN

Chief Operating Officer
President, Diverse Digital Studios

As Chief Operating Officer , RickFriedman guides the day-to day business affairs of Diverse Media Group, Inc. (PINK SHEETS: DVME). As president of the company's new operating division, Diverse Digital Studios, he oversees the development and creation of the company's new digital products and services.Read more

Industry Forecast

In its newest industry forecast, published August, 3, 2009, Veronis Suhler Stevenson (VSS), a leading private equity firm, predicts that total spending in DVME's sector of the economy will grow 3.6% per year over the next five years. In fact, VSS forecasts that the next five years will see the sector increase 20% greater than Nominal GDP which will only increase annually 3.0% by 2013. Source here, 2009Q2

Technical Analysis ( Click image to enlarge )


DVME is showing the anticipation to move up in a big way.  The past two months saw a huge 1525% gain in price and a 100% retracement (according to the Fibonacci Analysis in Pink on the chart). For the past two weeks, this stock seems to have been consolidating after this big movement in price. It now appears the consolidation may be complete (Red circle on the chart). Today, the price cleared and closed above a line of resistance/support at the .001 cent level (Orange dashed line). The price also breached the 23.6% retracement level and a closely corresponding ¼ level trend-line of the current price channel (Blue lines on the chart).  Also, the volume (Grey bars) is increasing (along with the price) indicating that there is a positive consensus among traders to support the probability of moving up the price channel.  There is plenty of upside potential and once the price clears the 23.6% level, it appears the 50% level is an easy target. That represents over a 100% gain from today's closing price. It's good to keep in the back of your mind that the last time the price cleared this 50% level area, also the middle trend-line of the price channel (Blue dashed line),  the price quickly moved to the top of the current price channel at .0045 cents.  That would mean almost a 250% gain from the current price level.

Overall Sentiment

With a set core group of experienced leadership, an optimistic industry forecast full of growth and opportunities, and the partnership with one of the entertainment industry's biggest names in Stan Lee — Diverse Media Group should have the ability to breakthrough and set new highs in terms of both business opportunities and financial success. A new star is born.

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Disclosure: Long DVME

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