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What do Dwight Howard and Justin Bieber have in common?

2012 January 9
by Brian Serra

Dwight Howard and Justin Bieber. BFF's and Business Partners.

What do Dwight Howard and Justin Bieber have in common? Well that’s easy. They both are investors in an applications software company that may be close to going under. How did you not know that??

According to the South Florida Business Journal, Dwight Howard recently made a $100,000 investment into a penny stock company by the name of Options Media Group Holdings. In consideration for the 100K bridge loan, Dwight received a warrant to purchase 10 million shares of OPMG stock valued at .01 cents.

Back in May, pop phenom Justin Bieber signed a 3-year endorsement deal with the company that brought him 121.2 million shares of Options Media Group stock at a penny a share, representing 16.4 percent of the company.  The company’s website has Bieber tattooed all over it. Could a promo featuring the Biebs and D12 be coming soon?! The world is collectively holding their breath.

The stock has a 52-week hight of .09 cents and opened trading this morning at just over .016 a share. While clearly Dwight sees promise in the company, the accountants for OPMG see otherwise. The South Florida Business Journal cites in their article that

Options Media’s third quarter SEC filing noted that its accountants have ‘substantial doubt about its ability to continue as a going concern.”

The premise behind the company is  a software called PhoneGuard that prevents you from texting and driving.  The software is available free through the company website. Although the 3rd quarter SEC filing may have not been overly positive, the recent investments of Dwight Howard and Cole Aldrich plus the expansion of their Board of Directors, are all positive signs.

It’s probably a smart decision overall for Dwight Howard to hop onto the Bieber media train. As long as the company stays in business, Dwight will likely earn a profit. Even more important, he gets to call Bieber a business partner! An unofficial projection of future revenue directly tied to Howard’s business relationship with Bieber ranges from $1M to an infinite number of star-gazed tween fans.

P.S. I apologize to anyone who was hoping this post would be about acting, singing, rapping, dancing, cuddling, pregnant girls, Usher, basketball or any other topic that would have been more intersting than stocks.

***Follow Magic Basketball Online on Twitter and Facebook. MBO was recently voted as the #1 Orlando Magic Blog for Dwight Howard/Justin Bieber news***

4 Responses Post a comment
  1. Easyme permalink
    January 9, 2012

    Don’t people realize that all SEC filings carry these ‘safe harbor’ statements? OPMG is going to take off like a rocket: check it out!

  2. Berdboy permalink
    January 9, 2012

    PHONEGUARD is the #1 APP to STOP TEXTING $ DRIVING..BEIBER , HOWARD and all the other PARTNERS and BOARD MEMBER’s [look them up] are HUGE SPONSOR’S IN THE COMMUNITY…south florida business journal has seemingly not been a FAN of PHONEGUARD as they continually add in small SNIPPET’s of SEVERELY OUTDATED INFORMATION as CURRENT FACT!…..PHONEGUARD is SIMPLY NOT THE SAME COMPANY IT WAS EVEN 3 MONTHS AGO! the evolution is continuing and the JOB of stopping TEXTING AND DRIVING is at it’s forefront! OPMG

    • Retire40 permalink
      January 10, 2012

      Article definitely written by someone who doesn’t understand penny stocks and upstart companies. This is company that has bottomed, consolidated and is getting ready to take off. Has a great product in a market that has yet to be addressed. Dwight and Biebs both stand to have a big payout on this investment (moreso the Bieber). Almost all upside potential getting in at this level.

  3. jackson permalink
    January 9, 2012

    im looking forward to new developments by the company, it is a start up company and i think their revenues will be growing soon

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