MiracleMind Acquiring Hundreds of Hours of Training at Low Cost

EMG is close to concluding confidential negotiations that will give MiracleMind access to several hundred hours of top-quality business training audio.

Transforming Audio Training Into Online Presentations

Investors often ask, "How will MiracleMind build hundreds of hours of content in just a few months?" The answer is simple. We don’t have to write it, we just need to translate it into an effective, engaging and authoritative audio-visual experience, and place it on the web. There are several major training companies who offer audio teleseminars. Their audio content and syllabus has already been produced and sold, but they have little or no after-market sales. One of these vendors – a prominent owner of hundreds of hours of training specializing in Human Resources, management, and business success – has agreed on a deal that will give MiracleMind the right to use its entire library through a license agreement that carries no initial cost.

Part of the key to MiracleMind’s long-term success is to translate the best existing material into high-quality audio-visual e-learning, then make it available to tens of thousands of subscribers at very low cost. The training companies we are working with have assets they can’t leverage. As MiracleMind produces and distributes the final web-based audio-visuals, the publisher and authors receive an ongoing royalty.

Improving MiracleMind’s Market Position

These deals will improve MiracleMind’s marketing position in several important ways. Most important is the acquisition of a large authoritative library for the Small Office Home Office (SOHO) market, one of the two key entry markets for MiracleMind. This will speed the growth of our initial subscriber base.