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StockEgg.com - CIST Could be Acquisition Target

Stock Egg   (Thursday, March 11, 2010 11:15 PM EST)

 More on CIST


Considering the growth of CIST, CIST could be a acquisition target for industry giant, Ticketmaster.

$265 million is what Ticketmaster already paid to gobble up secondary-seller TicketsNow!

$123 million is how much Ticketmaster paid for a 30% share of Front Line Management, the company that controls tickets of Aerosmith, Christina Aguilera, Jimmy Buffett, Guns and Roses.

Ticketmaster is said to have paid millions for GET ME IN and. . .

Millions more for SLO Limited, both of which were private deals.

CIST provides consumers with easy, affordable access to the biggest, hottest live events in America!

Recently CIST was featured in an exclusive article at TicketNews.com!

CIST CEO Michael DeAmicis stated, "We`re getting a lot of attention right now as others begin to take notice of what were doing in the ticket selling industry. Just a year ago, only a portion of Bostons residences had any idea who CitySide Tickets was and now millions are discovering our service as we push forward with our strategic business plan."

CIST was also featured in an exclusive article in the Boston Herald featuring its national television advertising campaign!

Late last month CIST announced that over the next three weeks the Company will run multiple versions of a 30 second commercial more than 500 times on national cable news channels including Bloomberg, CNBC, CNN, Fox News and MSNBC.

These are huge news channels with millions of viewers a day.

The commercials are designed to yield hundreds of telephone calls per day from people interested in using CIST to buy and sell their tickets to concerts, sports contests, theatrical productions and other events!

CIST`s televised ad campaign is not only designed to display the benefits of purchasing tickets through CitySidetickets.com, but also to make consumers aware that they can sell tickets through the site as well.

More and more consumers are seeking their tickets online through one of the many secondary ticket brokerages.

No wonder Ebay thought StubHub would be a smart acquisition!

CIST`s website features the unique option for its visitors to sell whatever available event tickets they hold on the website for any price the seller sets.

The no-hassle ability for anyone to sell their event tickets online in just a few minutes is a powerful and dynamic feature that sets CIST apart from the crowd.

The dominant U.S. market of online secondary ticket sales is expected to reach $4.5 billion by 2012!

With such a massive growth opportunity, CIST believes that a capture of even a small percentage of market share can make the difference to its stockholders.

To aid in this effort, CIST has taken an aggressive ownership arrangement through a Letter of Intent with StadiumTickets.com.

CIST CEO Michael DeAmicis stated, "CitySide Tickets, Inc. is just getting the ball rolling. We are very excited about the next couple of months as we expand our presence into other markets across the nation. Im confident that we will make a big impact on the ticket selling industry as we move forward with our strategic business plan."

Currently one of the top ticket sellers in the Northeast, CIST is poised to become a national leader in the market through its upcoming acquisition of smaller ticket firms across the country!For more information on CIST, visit their website at: http://www.citysidetickets.com

Please do your due diligence and consult with a financial professional.

 
 

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