(OTCBB: LRMK) On the cutting edge of the Mulit-Billion Dollar e-commerce industry, that's where Left Right Marketing Technology, Inc. (OTCBB: LRMK) plans to be. Fri, 25 Jun 2004 22:06:15 -0600
Fri, 25 Jun 2004 22:06:15 -0600
On the cutting edge of the Mulit-Billion Dollar e-commerce industry, that?s where Left Right Marketing Technology, Inc. (OTCBB: LRMK) plans to be.
Currently trading at .43, LRMK is implementing its unique concept to take its share of the Multi-Billion $$ e-commerce market.
A March 2004 CBS MarketWatch report stated that two-thirds of Internet users, roughly 83 million people, are now online shoppers. In July 2003 Forrester Research said it expects the e-commerce market to double in the next four years to a projected revenue of $229.9 billion in 2008.
Amidst widespread growth in the e-commerce industry, LRMK?s Crazy Grazer, LLC, could move to the top as a highly sought after acquisition target.
With the day to day leadership of Sports Legend Rock Newman, Chairman of LRMK, ?Our mission is to build the world's most brand-centric, customer-friendly online shopping mall, where customers can buy virtually anything they are looking for, in an environment that delivers a buying experience consistent with their favorite mall or specialty store, as opposed to a web-based 'swap meet,' which is the experience delivered by major online merchants.? Among his many accomplishments, Newman was a key player in the successful re-election campaign of Washington D.C. Mayor Marion Barry and having successfully promoted the likes of former Undisputed Heavyweight Champion Riddick Bowe.
Most recently LRMK announced the intent to purchase NeoLink Wireless Content Inc., a Los Angeles-based wireless broadcast company, currently operating two MobiTV (http://www.mobitv.com/) live television channels available to Sprint PCS Vision cellular customers (PCS) . MSNBC, CNBC, Discovery, ABC News and Fox Sports are among the 20 current MobiTV channels.
LRMK will utilize NeoLink's production and digital broadcast capabilities, and MobiTV's technology platform to be the first retailer to provide U.S. customers the opportunity to view and purchase products via cell phones.
Following the recent completion of the merger agreement between Left Right Marketing Technology, Inc. (LRMK) and Crazy Grazer LLC, LRMK is moving forward on their overarching business plan intended to separate CrazyGrazer.com from the competition by providing three innovative ways for consumers to shop online. This initiative focuses on the implementation of three well-branded web sites, the introduction of public access shopping kiosks and an in-room hotel-shopping network.
LRMK is in the final stages of development of technology that will enable the company to provide access to their online stores through CrazyGrazer.com Public Access Shopping Kiosks and through the CrazyGrazer.com In-Room Hotel Shopper.
President/CEO Mick Hall said, "We have conducted a series of beta-tests and focus groups over the past 18 months, measuring everything from consumer color preferences to site functionality and usability. One thing I have learned over the past 12 years running a brand development agency is that you can never know too much about your customers."
LRMK announced the launch of the beta-version of the CrazyGrazer.com Outlet Store earlier this week. The company anticipates the placement of their first CrazyGrazer.com Public Access Shopping Kiosks in time for the 2004 holiday shopping season with the CrazyGrazer.com In Room Hotel Shopper scheduled to launch early 2005.
Hall added, "In 1983, no one would have believed that IBM would one day lose their top market position. That same year, a young entrepreneur named Michael Dell began selling computers out of his dorm room. Dell Computer Corporation (DELL) became the largest commercial computer seller in the world by understanding consumers better than IBM and all of the other computer giants of the 1980's. In 2004, no one would believe me if I said that Amazon.com (AMZN) will one day lose their top market position."
Investors and LRMK stockholders are urged to read LRMK's annual report on Form 10-KSB and Forms 8-K, available free of charge on the SEC's website, http://www.sec.gov/.
This article was created from past press releases by the company, opinions were formed from these press releases.
Forward-Looking Statements were extracted from various press releases: The statements in this email, were excerpts from various press release's regarding the company's overarching business plans, any opinions expressed about IBM, Dell Computer Corporation or Amazon.com, any benefits of the anticipated consumer impact from various points of contact, anticipated perceptions of stock holders based on shopping methods offered, the Company's future success, the Company's ability to take advantage of market trends, the success of e-commerce, future opportunities and any other effect, result or aspect of the transactions and any other statements, which are not historical facts, are forward looking statements. Such statements involve risks and uncertainties, including, but not limited to, costs and difficulties related to the integration of acquired business, costs, delays, and any other difficulties related to the outlet store launch, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events