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Home Shopping Latino Retains JPC Investment Group for Investment Banking Services

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“Home Shopping Latino, Inc. (PinkSheets:HSPL), a Spanish TV network covering North America, today announced that they are retaining JPC Investments Group, LLC., an Atlanta-based investment banking company, as the Company’s financial advisor to support HSPL’s aggressive growth strategies, including raising additional capital as needed. JPC Investments will assist the Company in its ongoing evaluation of financial structures for generating assets, as well as pursuing potential joint-venture partnerships.
Home Shopping Latino, Inc. CEO, Frank Celecia, commented, “As Home Shopping Latino’s growth continues, it becomes helpful for the company to identify those entities that wish to become a part of Home Shopping Latino’s long-term success. We believe that working with JPC Investment will help us enhance our corporate strategy through a wider audience, which will be integral as we further implement our acquisition strategy outlined earlier in the year. We look forward to a beneficial and productive relationship with JPC Investments well into the future.”
HSPL, Inc. is expecting to tap into the considerable spending power of the growing U.S. Latino population. Home Shopping Latino, Inc., and its accompanying website, www.vivatelecompras.com, will fill a strong emerging niche. The three main Hispanic markets are the U.S., Puerto Rico and Mexico, having a combined household population of over 29.5 million with a combined purchasing power of over $450 billion — a very attractive source of revenue for advertisers. This market is projected to increase to nearly $1 trillion in the next few years. “

Posted on: September 11th, 2008
Curation from Tomás
Filed Under: Business, Business News, Press Releases
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