January 19, 2011 11:05 ET

eResearch Issues Update Report on BlueRush Media Group Corp.

TORONTO, ONTARIO--(Marketwire - Jan. 19, 2011) - BlueRush Digital Media Corp. (TSX VENTURE:BTV) provides full service digital marketing media by combining leading edge technology with award-winning interactive production. Utilizing advanced technology, such as Rich Media and Web 2.0, BlueRush produces creative marketing solutions for distribution via the Internet, web television, mobile devices, podcast, e-newsletters, digital signage, and in-store kiosks. Recognizing the increasing dependency on the Internet, the Company visualized helping businesses to create a distinct competitive advantage by aligning their marketing and web strategies.

The stock is thinly traded, with an average of about 30,000 shares a day, and the market cap is small, at only $3.7 million. But this Company has excellent prospects. The stock is extremely over-looked, and downside seems limited. At their current price of $0.10, we recommend the shares as a Speculative Buy to risk-tolerant investors. Our 12-month Target Price is $0.28.

This Press Release was prepared by eResearch and was not vetted by BlueRush Digital Media Corp. Further, the Recommendation and Target Prices contained in this Press Release and in the Update Report are strictly those of eResearch and, due to securities laws, are not endorsed by BlueRush Digital Media Corp.

eResearch is a primary source for professional investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential for reaching millions of global investors through our extensive electronic distribution network.

BlueRush Digital Media Corp. paid eResearch a fee to conduct research on the Company, on an Annual Continuous Coverage basis.

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Contact Information

  • eResearch
    Bob Weir, CFA
    Managing Director, Research Services
    (416) 643-7650 Ext 1