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Salon city (SLON.PK)

Started by flanders, July 07, 2007, 02:50:29 PM

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flanders

audit fillings next week and looking otcbb in aug-sept, this gonna be huge ,mark my words ;)

chart here


Shot at 2007-07-07

flanders

Recent News from Salon City Inc.
"Salon City, Inc. Increases Revenue Forecast for 2008" (Fri, Jun 29)
http://biz.yahoo.com/bw/070629/20070629005145.html?.v=1

"Salon City, Inc. Completes Final Draft of Audit" (Thur, Jun 28)
http://biz.yahoo.com/bw/070628/20070628005321.html?.v=1

"Salon City Magazine Goes on Sale Today in 4879 Major Retail Outlets and 30 Countries (Tue 9:30am)"
http://biz.yahoo.com/bw/070626/20070626005789.html?.v=1

"Time Warner Retail Increases Salon City Magazine's Domestic Newsstand Distribution Sites by 62 Percent (Mon, Jun 25)"
http://biz.yahoo.com/bw/070625/20070625005425.html?.v=1

"Salon City, Inc.'s Independent Audit Nears Completion; Preparation for 10-SB SEC Filing for Uplisting to OTC Bulletin Board (Mon, Jun 18)"
http://biz.yahoo.com/prnews/070618/lam068.html?.v=101

"Salon City, Inc. Inks Molecule Design Studios to Finalize All-New SalonCity.com(Thu, Jun 14)"
http://biz.yahoo.com/prnews/070614/lath066.html?.v=99

"Salon City Magazine to Light Up Signage at LAX July - September"
http://biz.yahoo.com/prnews/070510/lath056.html?.v=98

"Salon City Magazine Sells in to Big Chains With Time Warner Retail"
http://biz.yahoo.com/prnews/070503/lath080.html?.v=99

"Salon City, Inc. Prepares Form 10-SB SEC Filing for Up-listing to OTC Bulletin Board"
http://biz.yahoo.com/prnews/070425/law047.html?.v=98

"Salon City, Inc. Projects Growth From Salon City Magazine in 2008"
http://biz.yahoo.com/prnews/070423/clm090.html?.v=24

"Second Issue of New Salon City on Stands"
http://biz.yahoo.com/prnews/070420/clf052.html?.v=63

"Salon City, Inc. Announces Overseas Distribution of Salon City Magazine Through Kable Distribution Services"
http://biz.yahoo.com/prnews/070320/cltu114.html?.v=15

"Salon City, Inc.'s Premiere Salon City Magazine Now in 3,000 Prime Retail Locations" http://biz.yahoo.com/prnews/070305/nym061.html?.v=75

"New Salon City Magazine En Route to Nationwide Outlets for February 27 On-sale Date" http://biz.yahoo.com/prnews/070131/law056.html?.v=99

"Salon City, Inc. Prepares Launch of New-Look Salon City Magazine to National Retail Outlets February 27" http://biz.yahoo.com/prnews/070125/lath080.html?.v=84

flanders

Casciola stated SCI's near-term forecast in clear, simple terms: "For every dollar we spend on printing and distributing a single Salon City copy, we aim to generate $2-$4 or more in revenue. Overhead and staffing costs are relatively fixed and stable, so we intend to maximize profitability based on our projected annual circulation of up to 2 million issues (200,000 copies, distributed 10 times next year)." Casciola concluded, "More issues equal higher ad page rates and increased overall revenue - and that can add millions to the bottom line."


flanders

Salon City, Inc. Completes Final Draft of Audit
Thursday June 28, 9:30 am ET 
Form 10-SB SEC Financial Report Now in Review


WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Salon City, Inc. (OTC:SLON - News) reported today that independent auditors Lake and Associates LLC have now completed the "final draft" of SCI's audited financials and that the draft is being reviewed before Lake's projected official signing and submission. The necessary documentation is a vital part of Salon City's Form 10-SB filing with the SEC to be uplisted to the Over-The-Counter Bulletin Board.

flanders

SLON TODAY 0.05   25%




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Press Release Source: Salon City, Inc.


Salon City, Inc. Receives Sign Off Approval from Independent Auditors for SEC Filing
Monday July 9, 9:30 am ET 
SCI's Legal Team Will Send Form 10-SB To SEC


WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Salon City, Inc. (OTC:SLON - News) announced today that auditors Lake and Associates LLC have given approval and officially signed off on their two-year independent audit of Salon City, Inc., in final preparation of SCI's 10-SB filing with the Securities and Exchange Commission to uplist to the Over the Counter Bulletin Board.
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SCI's legal team is finalizing the necessary documents to accompany the approved audit, and project the filing will be sent to the SEC in the next few days. Steven Casciola, SCI's President & CEO stated, "This process has taken months to prepare for, and now that the independent auditors have approved the audit, we are grateful to see that sustentative progress has been achieved from a coordinated effort of many committed professionals. This is also a symbolic time (during the 4th of July week) to take this important, historical step for SLON's growth, scalability and future expansion. It clearly demonstrates how good people have come together, SLON investors and fans alike, to collectively pursue the American Dream of creating more wealth, prosperity, beauty and happiness in life by being the best you can be."

Upgrading SLON's reporting status to the OTCBB is an important milestone in the Company's drive towards branding itself as an emerging media, distribution and marketing powerhouse for lifestyle and beauty entertainment around the world.

About Salon City, Inc.

Salon City Magazine, America's newest lifestyle publication published by Salon City, Inc., is now nationally distributed by Time Warner Retail, a Time Warner Company (NYSE:TWX - News), and internationally by Kable News Distribution, an AmRep company (NYSE: AXR - News), in 30 countries around the world.

For information on SLON, visit www.saloncity.com or email Investors Relations at [email protected]. Listen to SLON's weekly conference calls: Dial 605-725-1900 (Code:010405), Thursdays, 4 p.m. ET.

Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the Company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.



Contact:
Salon City, Inc.
Steven G. Casciola, President and CEO, 310-402-2819
Renee Simone, Media Communications, 310-734-4320

--------------------------------------------------------------------------------
Source: Salon City, Inc.


D&Data

#6
Salon City, Inc. Responding to 4th Round of SEC Comments
Salon City, Inc. (OTC:SLON) announced today that yesterday it received a brief fourth round of questions from the Securities and Exchange Commission. Amendment No. 4 to Form 10-SB/A is scheduled to be posted later today to the EDGAR system.

The SEC's comments consisted of two minor requests: 1) to amend an accounting classification, and 2) to provide additional clarification of a confidentiality amendment that accompanied Salon City, Inc.'s previously amended 10-SB filing.

"The SEC has impressed us with their desire to see Salon City, Inc. craft an excellent document for both existing and potential investors to review," said SCI president and CEO, Steven Casciola. "With this round of comments we feel we are merely days away from being accepted for uplisting on the OTCBB, and on our way to a new year and a new level of status among the investment community."

stock.gold

I can only see all the questioning as a positive.  Any opinions?