-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AJMx+pqW1w227+sOEoBflR+PvbUt3iyDJ/y/IuArAY6O9sZTJvSoQuw7lmuUb46B qS3Wd/5T+fuFvgUSW3jPtQ== 0000950134-03-014928.txt : 20031112 0000950134-03-014928.hdr.sgml : 20031111 20031112073851 ACCESSION NUMBER: 0000950134-03-014928 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031110 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROADVIEW MEDIA INC CENTRAL INDEX KEY: 0000073048 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 410641789 STATE OF INCORPORATION: MN FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08505 FILM NUMBER: 03990460 BUSINESS ADDRESS: STREET 1: 4455 WEST 77TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55435 BUSINESS PHONE: 6128354455 MAIL ADDRESS: STREET 1: 4455 WEST 77TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55435 FORMER COMPANY: FORMER CONFORMED NAME: NORTHWEST TELEPRODUCTIONS INC DATE OF NAME CHANGE: 19920703 8-K 1 c80861e8vk.txt FROM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 10, 2003 BROADVIEW MEDIA, INC. (Exact name of Registrant as Specified in its Charter) MINNESOTA (State or Other Jurisdiction of Incorporation) 0-8508 41-0641789 (Commission File Number) (IRS Employer Identification No.) 4455 West 77th Street Minneapolis, Minnesota 55435 (Address of Principal Executive Offices and Zip Code) Telephone Number: 952-835-4455 (Registrant's telephone number, including area code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial statements: None. (b) Pro forma financial information: None. (c) Exhibits: 99.1 Press Release dated November 6, 2003 ITEM 12. REGULATION FD DISCLOSURE. The following information is furnished in satisfaction of Item 12 "Disclosure of Results of Operations and Financial Condition" of Form 8-K and is being presented under Item 9 "Regulation FD Disclosure" of Form 8-K as instructed in the Securities and Exchange Commission's guidance provided in Release No. 33-8216. On November 7, 2003, Broadview Media, Inc. issued a press release announcing its second quarter 2004 fiscal year financial results. The full text of the press release is set forth in Exhibit 99.1 attached hereto and is incorporated in this Report as if fully set forth herein. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: November 12, 2003 BROADVIEW MEDIA, INC. By /s/ MARK "RED" WHITE --------------------------------- Mark "Red" White COO SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 BROADVIEW MEDIA, INC. EXHIBIT INDEX TO FORM 8-K Date of Report: Commission File No.: November 10, 2003 0-8508 EXHIBIT NO. ITEM 99.1 Press Release dated November 17, 2003 EX-99.1 3 c80861exv99w1.txt PRESS RELEASE EXHIBIT 99.1 BROADVIEW MEDIA, INC. ANNOUNCES SHOW RENEWAL, NEW BOARD MEMBER AND 2ND QUARTER RESULTS Press Release CONTACT: Red White, Chief Operating Officer of Minneapolis, MN Broadview Media, Inc. 952-835-4455 Email: redw@broadviewmedia.com November 7, 2003 Broadview Media, Inc. (OTC Bulletin Board BDVM) announced today that its' nationally televised show TIPical Mary Ellen has been renewed for an additional 39 episodes by Home and Garden Television, bringing the total number of episodes to 577 for Broadview. This show is in its seventh production term and features Mary Ellen Pinkham, nationally known author and television host. Broadview currently produces three series for Home and Garden Television, as well as broadcast and non-broadcast television commercials for several companies including Minnesota School of Business and Target. Second quarter results were also announced for the three months ended September 30, 2003. Revenues of $913,307 compared to $1,319,754 for the same period a year ago. The Company reported a net loss of $156,462 in the second quarter compared with a loss of $117,516 in last year's second quarter. For the year to date six month period ended September 30, 2003, the Company reports revenues of $1,800,059 and net loss of $461,106. This compares to revenues of $2,834,642 and a net loss of $169,298 in the previous year. In addition, Broadview also announced the election of Mr. Richard Letsche, to the Board of Directors. Mr. Letsche will also serve as the Company's Chairman of the Audit Committee. Letsche's background includes positions as a systems analyst, consultant and Partner in Charge, as well as board member for the RSM McGladrey accounting firm. Dean Bachelor, Chairman commented "We are pleased to have the additional leadership and governance that Dick Letsche will provide for our board of directors and audit committee. Red White COO added, "We believe the Mary Ellen renewal and our developing relationship with the Minnesota School of Business allow Broadview to pursue our strategic objectives in the education and media production arena. We also continue to produce and market products in both our Education and our Corporate Communication divisions." Broadview Media is a full-service media production company that creates and produces television programs; develops educational technology programs; and provides media-based business communications solutions. The Company operates its own production facilities in Chicago and Minneapolis. The Company's trading symbol is BDVM. Visit us at: www.BroadviewMedia.com.
----------------------------- ----------------------------- Three Months Ended Six Months Ended September 30, September 30, 2003 2002 2003 2002 ----------------------------- ----------------------------- REVENUES $ 913,307 $ 1,319,754 $ 1,800,059 $ 2,834,642 Cost of Products and Services Sold 717,775 1,005,103 1,520,610 2,123,991 ----------------------------- ----------------------------- GROSS PROFIT 195,532 314,651 279,449 710,651 Selling, General and Administrative Expenses 344,006 423,379 723,946 856,410 ----------------------------- ----------------------------- OPERATING LOSS (148,474) (108,728) (444,497) (145,759) ----------------------------- ----------------------------- TOTAL OTHER INCOME (EXPENSE), NET (7,988) (8,788) (16,609) (23,539) ----------------------------- ----------------------------- NET LOSS $ (156,462) $ (117,516) $ (461,106) $ (169,298) ----------------------------- ----------------------------- BASIC & DILUTED LOSS PER SHARE $ (.07) $ (.08) $ (.21) $ (.12) ----------------------------- -----------------------------
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