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Maxim Group
Distance: 0.2 Mi405 Lexington Ave Fl 2
10174-0003 New York -
ISI Capital, LLC
Distance: 0.2 Mi60 E 42nd St Ste 1425
10165-1422 New York -
IDB Capital
Distance: 0.2 Mi511 5th Ave
10017 New York -
Silver Leaf Partners, LLC
Distance: 0.3 Mi620 5th Ave Rm 201
10020-2402 New York -
East Wind Advisors
Distance: 0.3 Mi295 Madison Ave
10017 New York
Palladium Capital Advisors, LLC
- 230 Park Ave Rm 539
- New York, New York
- 10169-0599
- Phone: 646.216.9818
- Website
Website Links
Description
Palladium Capital Advisors Completes $2.4 Million Capital Raise for Option Media Group BOCA RATON, FL--(Marketwire - 01/06/10) - Options Media Group Holdings, Incorporated (OTC.BB:OPMG - News), a leading email service provider, permission based email, sms/text messaging marketing and mobile marketing company, announced it has successfully raised $2.4 million in equity. In addition to the capital raise, Options Media eliminated almost all of its debt and significantly strengthened its balance sheet. Palladium Capital Advisors, LLC acted as the Company's placement agent. The net proceeds of the investment funds will be utilized as working capital to support the recent acquisition of Bluetooth advertising technology and mass SMS Text Messaging broadcast capabilities that allows for interactive SMS applications. The new funding provides Options Media with the necessary financial capabilities to meet its anticipated expansion as a leader in the mobile marketing sector. "This investment reflects a strong confidence in Options Media by new and current investors and significantly strengthens our financial position as we seek to increase shareholder value through strong bottom line growth," said Mr. Scott Frohman, CEO of Options Media. "The financing provides an adequate level of working capital to support the rapid growth Options Media is experiencing with our new Bluetooth and SMS Text Messaging marketing products. With this capital we are able to better leverage our unparalleled mobile advertising experience and superior product offerings to become an immediate leader in mobile marketing." The capital raise follows Options Media's recent acquisition of certain assets from H2O PM, Incorporated Options Media purchased technology relating to Bluetooth advertising and mass SMS Text Messaging broadcast capabilities that allows for interactive SMS applications. Since the acquisition, Options Media has successfully performed mobile marketing campaigns for a wide range of advertisers and companies ranging from retailers, restaurants, hotels and sports venues to provide mobile marketing campaigns. Options Media's mobile marketing technologies are an ideal method of advertising for any company that would like to engage people in range of their location. For specific information regarding the transaction please see the Form 8-K filed with the Securities and Exchange Commission on January 5, 2010. About Options Media Holdings, Incorporated Options Media Group Holdings, Incorporated is an email services provider for on-demand email marketing to create, send, and track professional and permission-based email marketing campaigns. Additionally, Options Media provides precision direct marketing solutions including email marketing, sms/mobile marketing, sms/keyword marketing, custom lead generation and creative services Options Media provides clients with access to software, hardware, bandwidth, and exclusive domains and IP addresses, as well as the ability to upload and manage subscribers, and review and upload campaigns and track results for a 360-degree full-service customer marketing solution.