OTC Bulletin Board
S & P Company Insight for TECHMEDIA ADVERTISG |
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Profile
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| Business Summary: TechMedia Advertising, Inc., a development stage company, provides outdoor media solutions to advertisers in India. | | | Address
62 Upper Cross Street, No 04-01
Singapore 058353
Phone: 65 6532 3001
Fax: 65 6532 0989
Website: http://www.techmediaadvertising.com
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Davis Accounting Group P.C.
| | Transfer Agent |
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Island Stock Transfer
| Employees: 4
ShareHolders: 125 | Founded: 2007
Domicile: Nevada | | | |
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Background
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| TechMedia Advertising, Inc., a development stage company, provides outdoor media solutions to advertisers in India. It focuses on selling outdoor advertising on billboards and digital signs located in high traffic locations, such as public transportation vehicles, commercial buildings, supermarkets, and restaurants by partnering with media space owners. The company, through its joint venture with Peacock Media Ltd., involves in displaying mobile digital advertising platforms in public transportation vehicles, such as long-distance buses and trains in India. TechMedia Advertising, Inc. is based in Singapore, Singapore. | | History: INCORPORATED in Nevada Jan. 30, 2007, as Ultra Care, Inc.; name changed to TechMedia Advertising, Inc. Feb. 17, 2009, through the merger of a wholly owned subsidiary. On Aug. 6, 2009, the company acquired TechMedia Advertising Mauritius (incorporated in Maruitius Mar. 11, 2009) for 24,000,000 Common shares. | | | | Subsidiaries: |
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TechMedia Advertising (India) Private Limited
TechMedia Advertising Mauritius
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Management
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Management
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| Officers | Position |
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| Lian Tian Yong | Chairman, President & Chief Executive Officer | | Cher Kian Goh | Secretary | | Goh Han Tiang | Treasurer |
| | Directors |
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| Cher Kian Goh | | Goh Han Tiang | | Ratner Vellu | | Lian Tian Yong | | | |
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Annual Report
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| Annual Report |
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| | | Income Statement | |
| 2009 | 2008 |
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| Expenses: |
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| | Fee exps. | 174 | 36 | | Other gen. & admin. exps. | 6 | 13 | | Depr. & amort. | 2 | 2 | | Other income (expense) | (1) | -- | | Net income | (183) | (51) | | Share earns. basic | Nil | Nil | | Share earns. diluted | Nil | Nil | | Avge. com. shs. (Thou.) | 43,386 | 43,120 |
| | | | Balance Sheet | |
| 2009 | 2008 |
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| Assets: |
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| | Cash & equiv. | 2,784 | 2 | | Accts. rec. from related parties | 437 | -- | | Prepayments | 94 | 1 | | Tot. curr. assets | 3,315 | 3 | | Net property | 2 | 4 | | Deferred acquisition costs | 13 | -- | | Total assets | 3,330 | 7 | | Liabilities: |
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| | Accts. pay. | 4 | 4 | | Accrued liabilities | 20 | 5 | | Due to director and stockholder | 1 | 15 | | Tot. curr. liabs. | 25 | 23 | | Stockholders' Equity: |
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| | Com. stk. p.$0.001 | 45 | 43 | | Paid-in cap. | 1,234 | 7 | | Common stock subscribed | 2,275 | -- | | Retained earns. | (249) | (66) | | Total stockholders' equity | 3,305 | (16) | | Total liabs. | 3,330 | 7 | | Common Shares (Thou.) | 44,919 | 43,120 |
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* Effective February 17, 2009, Ultra Care, Inc. completed a merger with its wholly-owned subsidiary, TechMedia Advertising, Inc. and subsequently changed its name to TechMedia Advertising, Inc. On July 27, 2009, the company entered into a share exchange agreement with TM Mauritius and all the shareholders of TM Mauritius whereby the company agreed to acquire all of the TM Mauritius capital in exchange for the issuance of 24,000,000 shares of common stock. The Exchange Agreement closed on August 6, 2009, and as a result, TM Mauritius became a wholly-owned subsidiary. | | | |
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Interim Report
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| Interim Report
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| | | Data Not Available | | | | | | | | | |
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Pro Forma Report
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| Pro Forma Report
08/01/2008 - 07/31/2009 |
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| | | Income Statement | |
| 2009 |
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| Expenses: |
| | Fee exps. | 179 | | Other gen. & admin. exps. | 17 | | Depr. & amort. | 2 | | Net income | (198) | | Share earns. basic | Nil | | Share earns. diluted | Nil | | Avge. com. shs. (Thou.) | 43,386 |
| | | | Balance Sheet | |
| 2009 |
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| Assets: |
| | Cash & equiv. | 3,134 | | Accts. rec. from related patries | 85 | | Other accts. rec. | 2 | | Prepayments | 103 | | Tot. curr. assets | 3,324 | | Net property | 7 | | Goodwill | 7 | | Total assets | 3,338 | | Liabilities: |
| | Loans pay. | 15 | | Accts. pay. | 10 | | Accruals | 22 | | Due to related party | 13 | | Tot. curr. liabs. | 60 | | Stockholders' Equity: |
| | Com. stk. p.$0.001 | 45 | | Paid-in cap. | 973 | | Subscription received | 2,275 | | Retained earns. | (15) | | Total stockholders' equity | 3,278 | | Total liabs. | 3,338 | | Common Shares (Thou.) | 44,919 |
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* The pro forma consolidated financial statements assume the acquisition of TechMedia Advertising Mauritius (TM Mauritius), had occurred on Aug. 1 ?08. | | | |
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Quarterly Report
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| Quarterly Report Information
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| | | Quarterly Revenue |
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| | | Data Not Available | | | | Quarterly Net Income |
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| | | Data Not Available | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2008 |
Full Year
| Nil |
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Stock Data
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| | | Capitalization as of 07/31/2009: | | | | | Authorized Shares | Outstanding Shares |
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| Common $0.001 par | 1,100,000,000 | 44,919,000 |
| | | | LONG TERM DEBT: None.
NOTE: The above Capitalization reflects the acquisition Aug. 6, 2009, of TechMedia Advertising Mauritius. | | | | Common $0.001 par | | | |
Stockholders:
10/15/2009,
125.
| | PRINCIPAL STOCKHOLDERS: October 15, 2009, OneMedia Limited owned or controlled 20.3% of the Common, Johnny Lian Tian Yong 15.6%, Ratner Vellu 15.6% and Cher Kian Goh 5.2%. | | | |
Transfer Agent: Island Stock Transfer
St. Petersburg
, FL | | | | OTC Bulletin Board( Primary): TECM | | | | Exchange | Year | High | Low |
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| TEST 1 | 2009 | 2.3300 | 1.5000 |
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| | | | DIVIDENDS: Common $0.001 par: No cash.
Common split 22-for-1, Feb. 17, 2009. | | | | | |
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