Day Trader News Alerts watch list includes: H & H Imports, Inc.
(OTCBB: HNHI), Time Warner Inc. (NYSE: TWX), The Walt Disney
Company (NYSE: DIS) and DIRECTV (NASDAQ: DTV).
New released yesterday: H & H Imports, Inc. (OTCBB: HNHI),
the parent company of TV Goods, Inc., previously announced that it
had acquired the worldwide marketing rights to a new line of Sleek
Wireless Hybrid and Tunable audio products. In a further
development, the company announced today that this new line of
mobile audio products will be personally endorsed by Curtis
Jackson, p/k/a "50 Cent." 50 Cent, through G-Unit, a company owned
by Jackson, has an ownership interest in Sleek. Under its Agreement
with Sleek and G-Unit, TV Goods also made an equity investment in
Sleek. 50 Cent, through G-Unit, has also made an equity investment
in TV Goods, which makes him a significant minority shareholder in
TV Goods and will be offered a seat on the Board of the Company at
a later date.
The line of Wireless Hybrid products will be sold under the
Sleek By 50 Cent™ trademark. The Sleek By 50 Cent™ motto is "Escape
into Your Music."
The parties plan to debut the product line at the January 2011
Consumer Electronics Show (CES) in Las Vegas. TV Goods will produce
a series of commercials and plan other marketing and promotional
campaigns targeting the global consumer market.
TV Goods and Sleek plan to introduce the Platinum line of
products designed by Sleek and 50 Cent with the Sleek By 50 Cent™
headphones (wired and wireless) followed by a Wireless Hybrid
earbud product, both of which will utilize the Kleer® lossless
technology. Earlier this year, SMSC announced that its Kleer®
wireless audio technology has been selected by Daimler AG as part
of the rear seat entertainment system for the company's 2010
Mercedes-Benz E-Class and S-Class models. For information, please
see
http://embedded-computing.com/smscs-system-selected-mercedes-benz-models;
and http://embedded-computing.com/author/smsc. Also, every Sleek By
50 Cent™ product that uses the technology is compatible with all
other Kleer® products.
As part of the marketing campaign, 50 Cent will be actively
endorsing and promoting the Platinum line of Wireless Hybrid Sleek
by 50 Cent™ products at concerts, in music videos, retail
packaging, point-of-purchase videos, live appearances (including
national and international live shopping networks), at the 2011 CES
Show in Las Vegas, and other venues, on a worldwide basis. 50 Cent
will be touring in Europe beginning February 2011 and will be tying
in appearances in support of the product during his tours. Sleek
also plans to launch a contest involving 50 Cent and the
products.
TV Goods Chairman, Kevin Harrington, said, "When we initially
heard Sleek Audio was teaming with 50 Cent we knew it was a
partnership we wanted to become a big part of. We're always looking
for products that set the standard, bringing new concepts to market
that consumers understand, appreciate and desire. With our
knowledge of the retail market, 50's vision and celebrity, and most
importantly Sleek Audio's innovative product designs, this team
we've put together is set to deliver some truly exciting products
to the market."
50 Cent stated, "I know music, and I've tried everything on the
market as far as headphones go, but I wanted something different,
something better, that really pushed the envelope and gave my fans,
and all music fans, a new way to listen to their favorite artists.
I was fortunate to find Sleek. The technology they employ and their
knowledge of how we hear truly blew me away. It was a perfect
match. I didn't want to just create another pair of loud
headphones; I wanted to create headphones that offer top-level
performance, style and new technology. Teaming up with Kevin
Harrington and TV Goods as our exclusive marketer/distributor will
enable us to go head to head with market leaders and beat them in
the battle for the hearts, minds and heads of music listeners
everywhere."
About the company: H&H Imports, Inc. is the parent company
of TV Goods Holding Corporation. TV Goods Holding Corporation is a
direct response marketing company. We identify, develop, market and
distribute consumer products for global distribution. TV Goods was
established by Kevin Harrington, a pioneer and principal architect
of the "infomercial" industry. Kevin Harrington is an original
investor on the ABC show called Shark Tank; the show is owned by
SONY Pictures and produced by reality TV mogul Mark Burnett. TV
Goods was formed to build upon the track record of success of its
management team, responsible for over 500 infomercials and spots
accounting for over $4 billion in sales revenues.
Time Warner Inc. (NYSE: TWX) up 0.3% on 16.2 million shares
traded. Time Warner Inc., a global leader in media and
entertainment with businesses in television networks, filmed
entertainment and publishing, uses its industry-leading operating
scale and brands to create, package and deliver high-quality
content worldwide through multiple distribution outlets.
The Walt Disney Company (NYSE: DIS) down 0.7% on 14.7 million
shares traded. The Walt Disney Company, together with its
subsidiaries and affiliates, is a leading diversified international
family entertainment and media enterprise with five business
segments: media networks, parks and resorts, studio entertainment,
consumer products and interactive media.
DIRECTV (NASDAQ: DTV) down 0.5% on 6.2 million shares traded.
DIRECTV is the world's most popular video service delivering
state-of-the-art technology, unmatched programming, the most
comprehensive sports packages available and industry leading
customer service to its more than 25.6 million customers in the
U.S. and Latin America.
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