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Max Media Group, Inc. (MXMI) Traffic Doubles, Maintains Consistent Growth

May 24, 2011 11:10 AM ETAVOZ
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After the closing bell yesterday, Max Media Group, Inc. announced that the internet traffic to its various sites increased on average 103% over the last month. For the year, traffic is up more than 200%.

James Grady President & CEO of Max Media Group, Inc. stated, “The programs and marketing efforts we have been launching are showing results already. The continued increase to traffic and unique visitors will have an immediate impact on our advertising revenue model.”

“The growing portfolio of content we have been acquiring and developing along with the growth in traffic to our network of sites are the key pieces to the success of the Max Media business model,” Grady continued.

As previously announced, management has scheduled an official closing of the BB2 Live acquisition by the end of this month. In the interim, the parties have initiated the transfers and integrations of the assets being acquired. The acquisition is being facilitated through debt and Preferred Stock.

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