Home Shopping Latino, Inc. (HSPG.PK)

Posted: Mon Oct 26, 2009 2:31 pm

Home Shopping Latino, Inc. is focused on launching a QVC-style television network under the name “Viva Telecompras” for selling gemstones, jewelry, vitamins, and beauty care products. All the merchandise will be provided by third-party wholesalers. To enhance consumer response, the company intends to use well known Hispanic celebrities.

The company is particularly interested in marketing high-quality, high-margin gemstones from Madagascar and has developed exclusive relationships for this purpose. As its distribution network develops, management plans to import gemstones directly from Madagascar and subcontract with jewelry manufacturers in Florida to offer viewers exceptional value while maintaining a high profit margin.

Management intends to outsource the incoming call center, fulfillment, shipping, website development and credit card collection functions to third-party companies, using a core staff to supervise day-to-day production. Home Shopping Latino will focus its efforts and resources on expanding its market for Home Shopping Latino via airtime and website broadcasts.

The company plans to broadcast from studios in South Florida since the area is one of the major centers for Latin television and film production. The demand for a Spanish-language TV shopping network is growing quickly as the Hispanic population’s purchasing power continues to outpace any other group at twice the average national rate. Recognizing this growth, Home Shopping Latino is leveraging its strengths to capitalize on this burgeoning market.

Posted: Tue Oct 27, 2009 1:55 pm

Paying attention to latino sales is important for all investors

Joined: 09 Apr 2009 Posts: 1269

The Latino market is a fast growing market and who does not love Home Shopping Network?

Posted: Wed Oct 28, 2009 12:39 pm

And it is a proven model

Posted: Wed Oct 28, 2009 1:47 pm

Home Shopping Latino, Inc. (HSPG.PK) Announces Agreement with MadAmerican Exports

Home Shopping Latino Inc. is launching a HSN-style television shopping network under the name of “Viva Telecompras”. The demand for a Spanish-language TV shopping network is growing quickly as the Hispanic population’s purchasing power continues to outpace any other group at twice the average national rate. The company will sell jewelry, gemstones, vitamins and beauty care products from third-party merchandisers.

Initially, Home Shopping Latino will focus on marketing high-quality, high-margin imported gemstones from Madagascar. The company will then subcontract with jewelry manufacturers in Florida, where its broadcast originates, to offer viewers exceptional value while maintaining a high profit margin.

The company today announced an agreement with MadAmerican Exports Inc. to import sapphires, rubies, emeralds, garnets, tourmaline and other precious gems from the nation of Madagascar. The country is an Indian Ocean island nation located off the coast of Africa, which is exceptionally rich in minerals and gemstones.

MadAmerican Exports CEO Biclair Andrianantoandro is an ideal partner for Home Shopping Latino to forge long-term business relationships in Madagascar. He is well-known in Madagascar and has held many official positions including director of exports, minister of commerce, and Acting Ambassador to both the United States and the United Nations. In addition, he assisted in the promotion of international investments in nickel and cobalt mining for Phelps Dodge Corp.

“Working with the new government as well as existing private interests, we are confident that we can assist Home Shopping Latino to create value for its shareholders and viewers by accessing high quality gemstones direct from the mines at an excellent price as well as creating new jobs and opportunities for the Malagasy people,” said Mr. Andrianantoandro.

Joined: 09 Apr 2009 Posts: 1269

Home Shopping Network seems to be putting everything in place to make this very profitable

Posted: Thu Oct 29, 2009 10:08 am

Home Shopping Latino Inc. (HSPG.PK) Signs Agreement with MadAmerican Exports

Home Shopping Latino Inc., and a new Latino Shopping Network, the only network of its kind to service the exploding Latino market in the USA, with the on air name ViVa Telecompras, today announced an agreement with MadAmerican Exports, Inc. to import sapphires, rubies, emeralds, garnets, tourmaline and other precious gems from Madagascar, an Indian Ocean island nation off the coast of Africa known for being exceptionally rich in minerals and gemstones.

MadAmerican Exports CEO Biclair Andrianantoandro previously served as Director of Exports and Ministry of Commerce, as well as Deputy and Acting Ambassador of Madagascar to the United Nations and Deputy and Acting Ambassador of Madagascar to the United States.

Home Shopping Latino CEO Frank Celecia stated, “Mr. Andrianantoandro is well-known and well-respected by all political factions in Madagascar. He has held many official positions and assisted in the promotion of international investments in nickel and cobalt mining for Phelps Dodge Corporation and textile exports for Limited Brands, Inc. We view him as the ideal partner to forge long-term business relationships for Home Shopping Latino with both public and private decision-makers in Madagascar.”

“Working with the new government as well as existing private interests, we are confident that we can assist Home Shopping Latino to create value for its shareholders and viewers by accessing high quality gemstones direct from the mines at an excellent price as well as creating new jobs and opportunities for the Malagasy people,” commented Mr. Andrianantoandro.

Joined: 19 Jan 2009 Posts: 1667 Location: Arizona

Sounds like they want to place a special emphasis on gems, a very popular thing to sell this way. They could become the gem source for much of the public.

Joined: 20 Jan 2009 Posts: 1084

This sounds like an exellent idea, just look how popular the american version is.

Posted: Thu Oct 29, 2009 1:21 pm

Lat. ladies do like their gems

Joined: 09 Apr 2009 Posts: 1269

Jobs are greatly needed in that area so I say much success to them for moving in this direction

Joined: 20 Jan 2009 Posts: 1084

Thats great mwest that jobs can be created.

Posted: Fri Oct 30, 2009 12:17 pm

Do we have profit and timeline projections?

Joined: 09 Apr 2009 Posts: 1269

not sure about either of those questions, but I am sure that the information is out there. This company is moving too wisely not to have a projection in mind.

Joined: 09 Apr 2009 Posts: 1269

MadAmerican Exports CEO Biclair Andrianantoandro is an excellent partner for them he has tons of experience which is exactly what they need now.

Joined: 19 Jan 2009 Posts: 1667 Location: Arizona

"ViVa Telecompras" basically means "long live (or hurray) for television shopping"
They may start out with gems, but will continue to build into anything that can be sold on television to this growing market.

Joined: 20 Jan 2009 Posts: 1084

Thanks for the translation. The sky can be the limit when it comes to TV.

Joined: 09 Apr 2009 Posts: 1269

starting out with gems is starting out with a big band right off the top

Joined: 19 Jan 2009 Posts: 1667 Location: Arizona

Gems are a great thing to market this way, and have been the start of many a successful mass marketing company.

Joined: 20 Jan 2009 Posts: 1084

Any idea why gems are so popular?