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Monday Dec. 21, 2009
DrStockPick.com Stock Report!
MPPC, MyPhotopipe.com, MPPC.PK
myPhotopipe.com, Inc. (Pink Sheets: MPPC) is a web-based online provider of digital photo processing, photo finishing, photo sharing, and related services. The Company’s unique blend of 1000 print options, combined with manual print inspections and professional color management, have positioned myPhotopipe.com as one of the fastest-growing providers of digital photography services for professionals and serious amateurs.
MPPC reported record sales for November 2009, when compared with the prior-year period, reflecting explosive growth in digital camera sales and the increasing popularity of processing photos online rather than at retail kiosks.
November sales reached a record $152,391, which represented an increase of approximately 3% versus prior-year sales of $148,500. This was the third consecutive month of record sales for the online digital photo processor. The Company also generated a positive EBITDA of $28,798, or 18.9% of sales, for the month of November.
To get the news out, MPPC has also increased its own shareholder and market awareness efforts.
Being at the right place at the right time has also been a driver at myPhotopipe.com. MPPC transitioned from film to digital just as digital cameras began to hit the mainstream, then launched a series of sweeping changes earlier this summer that made it dramatically easier to place orders through new web portals and from partner sites. MPPC’s Sports and Celebrity customer base includes some of the best known professional sports franchises in the nation, and The Company recently announced a new effort, www.mymodelcomps.com, that allows MPPC to enter the multi-billion dollar fashion photography industry.
More about MPPC at www.myPhotopipe.com.
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