Showing posts with label CIST. Show all posts
Showing posts with label CIST. Show all posts

Tuesday, November 30, 2010

Causeway Entertainment (PINK:CIST) Heavy Volume Today: +12%

Volume for Causeway Entertainment (PINK:CIST) has skyrocketed today after putting out fresh news about its upcoming event schedule. In mid-day trading, shares of CIST were up 12 percent at $0.0346 per share on volume of more than 8 million shares compared to its average daily volume of only 235,000 shares. CIST has a market cap of $1.6 million and a 52-week range between $0.01 and $1.04 per share.

CIST recently announced of the line up for Cage Wars Championship's latest thrill show -- 'Validation' -- at the Odyssey Arena, Belfast on Friday 10th December, 2010 . Set to be an action-packed and adrenaline-filled night, there will be a world-class line up of top MMA sportsmen flying into Belfast to take part in the show. MMA superstar Jeremy Horn -- one of the most experienced fighters in the sport anywhere in the world, with over 100 fights under his belt -- will be jetting in for the event, as well as fellow American, Rich 'No Love' Clementi.

Joining Jeremy Horn and Rich Clementi, fighting it out to be crowned Cage Wars Champion, will be 19-year-old Northern Ireland fighter, Ali 'Insane' Maclean from Lisburn. He will be fighting in the first-ever Cage Wars Championship lightweight title four-man tournament. Northern Ireland's leading MMA fighters, Lee McKibben and Hugh Brady will also be taking part in the event.

Cage Wars Championship is Europe's longest-established Mixed Martial Arts promotion company. The event will be broadcast to homes around the globe.

MMA is the world's fastest-growing sport. It is a full contact combat sport with a wide variety of techniques and skills from a mixture of martial arts and non martial art traditions used in competition.

For more information on Cage Wars, please visit www.cagewars.co.uk.

Launching Cage Wars -- Validation -- are Cage Wars Ring Girls Melissa Magee, Jenny Curran and Nicki Cartmill and Lisburn fighter Ali "Insane" Maclean.

Cage Wars Championship, operationally located in Belfast, Northern Ireland, is a multimedia entertainment company, supplying a complete range of MMA entertainment products to a diverse, international market.

Causeway Entertainment is focused on capitalizing on the constantly growing Mixed Martial Arts (MMA) sports industry. Building itself as a mainstream competitive sport, MMA has grown into a multimillion-dollar industry with millions of viewers tuning into MMA sporting events. Through promotion, sponsorship and acquisition, Causeway aims to position itself as a leading player in the industry.

Monday, November 29, 2010

Causeway Entertainment (PINK:CIST) Volume Spikes on Grass Roots Report

Causeway Entertainment (PINK:CIST) shares were among the volume leaders from the SmallCap space today after announcing new research report earlier today. In late trading, the stock was up 6 percent at just under 3 cents per share on heavy volume of more than 2 million shares compared to its average daily volume of only 190,000 shares. Causeway Entertainment has a market cap of $1.3 million and a 52-week range between $0.01 and $1.04 per share.

Causeway Entertainment, through its wholly owned subsidiary Cage Wars Championship Ltd. (CWC), provides a diverse range of Mixed Martial Arts (MMA) products to international consumer groups. The Company has been operational for the last 10 years and has a loyal client base and an experienced management team.

The Company expects to generate revenue from multiple sources including live events, TV and Digital media, Merchandise and Athlete management. MMA is the fast growing sport, internationally, as is valued as a billion dollar industry. Causeway Entertainment intends to leverage its established brand equity to capitalize on the robust growth in the MMA market.

The Company is operationally organized under four revenue generating divisions: Cage Wars Live (MMA events), Cage Wars TV and Digital (television rights, advertising), Cage Wars Merchandise and Cage Wars Athlete Management.

Grass Roots Research projects revenues of approximately $117,000 in 2010 and $16.7 million in 2014. Margins are likely to expand as the Company gains popularity and is able to sell event associated merchandize and media content. Grass Roots Research expects the Company to be cash flow positive from the third year of operations. These figures assume funding requirements of $1.3 million in the 2010-2011 and $1.0 million in 2012.

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