Business
Mood Media Corporation Announces Restatement of Financials in Connection with Private Placement Financing
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ...
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[{"type":"text","content":"\n\n\n\n\n\nNOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES\n\n\nTORONTO, Oct. 9, 2012 /CNW/ - Mood Media Corporation (ISIN:\n CA61534J1057)   (TSX:MM / LSE AIM:MM (\"Mood Media\" or the \"Company\"),\n the world's leading in-store media solution provider, announced today\n that it has restated its financial statements and Management's\n Discussion and Analysis of Financial Position and Results of Operation\n in connection with its intention to offer approximately US$350 million\n aggregate principal amount of senior unsecured notes by way of private\n placement (the \"Notes\"). Mood has provided pro forma financial data for\n the year ended December 31, 2011 and for the first two quarters of\n fiscal 2012, as well as the related Management's Discussion and\n Analysis of Financial Position and Results of Operations for each such\n period. The financial data reflects the discontinued operations of Mood\n Media Entertainment Ltd. effective March 31, 2012, which comprised Mood\n Media's \"Retail Point-of-Purchase\" division. Attached to this press\n release as Schedule A is a summary of historical, pro forma and\n supplemental condensed consolidated financial data.\n\n\nThe revised financial statements and Management's Discussion and\n Analysis of Financial Position and Results of Operations are available\n on the Company's website at www.moodmedia.com and www.sedar.com.\n\n\nAbout Mood Media Corporation\n\n\nMood Media Corporation (TSX:MM/ LSE AIM:MM), named Canada's fastest\n growing company by PROFIT Magazine, is a leading in-store media\n specialist that uses a mix of music, visual and scent media to help its\n clients communicate with consumers with a view to driving incremental\n sales at the point-of-purchase.\n\n\nMood Media Corporation works with over 560,000 commercial locations in\n over 40 countries throughout North America, Europe, Asia and Australia.\n\n\nMood Media Corporation's products and services reach 100 million people\n every day in a broad client base including more than 850 U.S. and\n international brands in diverse market sectors that include: retail,\n from fashion to financial services; hospitality, from hotels to health\n spas; and food retail, including restaurants, bars, quick-serve and\n fast casual dining.\n\n\nFor further information about Mood M...