SOURCE: AFA Music Group, Ltd.

January 08, 2008 08:31 ET

AFA Music Group Featured as WallStreetCorner Stock Pick

CEO Interviewed by Veteran Financial Reporter

WHITE PLAINS, NY--(Marketwire - January 8, 2008) - AFA Music Group, Ltd. (PINKSHEETS: AFAO) is pleased to announce that the Company has been featured as "Larry Oakley's Stock Pick" on AFA Music Group's CEO, Jon Goldwater, was interviewed by Mr. Oakley, a financial reporter, whose primary criterion for choosing AFA Music Group was his opinion of the stock's potential this year following the debut of the Company's digital music label.

Mr. Oakley was encouraged by AFA Music Group's plans to combine revenue generated by its artists with revenue generated from the digital music Web site, which will include sales of downloads, merchandise and advertising. He was also optimistic about AFA Music Group's ability to attract fresh, young and serious artists representing a diverse collection of styles.

"I interviewed CEO Jon Goldwater and am impressed with his well-thought-out expansion plans to create a substantial number of related revenue streams for AFAO. I like the Company's plans to begin marketing in Europe, with plans to expand to Japan, Australia, South America and China. I feel this situation is substantially undervalued and worth your attention," Mr. Oakley stated during the interview.

"I was very pleased with the interview and found Mr. Oakley to be particularly insightful to our strategy and our plans for the future. We are an emerging growth company targeting a fast growing market and I was very encouraged by his perspective," stated Jon Goldwater, CEO of AFA Music Group, Ltd.

To see the text of the interview, go to

About AFA Music Group, Ltd.:

AFA Music Group plans on simultaneously acquiring various music-publishing assets and to begin developing its own catalogue of artists and albums. AFA retains equity positions with all of its artists, which include all income streams that are generated by these artists. These income streams include recording royalties, merchandise, sponsorship, touring, music publishing, Internet downloads and ringtones.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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