Tag Archives: the-businessman

50 Cent Tweets Stock Tips, Banks $8.7 Million

Yes, you read both parts of the above headline correctly. 50 Cent made a fortune from rapping, but that doesn’t mean he’s content to rest on his laurels and Tweet photos of himself with stacks of cash all day. Okay, well he does do that a fair amount But our point is that 50, a.k.a. Curtis Jackson, is proving quite the businessman in addition to entertainer. MAKIN’ BANK: Chelsea Handler must be attracted to more than his rap skills. 50 Cent recently Tweeted about a penny stock company he’s invested in … one that’s up 290 percent since he pitched the stock tip to 3.8 million followers. “You can double your money right now. Just get what you can afford,” 50 tweeted about a Florida company, H&H Imports. “They are no joke get in now.” He received 30 million shares of H&H in a private placement last October, buying portions of his stake at 15 cents, 25 cents and – no kidding – 50 cents. H&H closed up 29 cents the other day, boosting Jackson’s 30 million-share stake by $8.7 million . Might he have a second career as a financial advisor? This wasn’t his first foray into the investment world either. Earlier this month, Jackson also “personally endorsed” a line of mobile audio products that are made by another Florida company, Sleek Audio, H&H said. Jackson talked up the headphones when he appeared on TV last week from the Consumer Electronics Show in Las Vegas. We eagerly await that Tweet.

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50 Cent Tweets Stock Tips, Banks $8.7 Million

Brazil to Welcome New Woodstock in October 2010?

Itu, a small town 100 kilometers from Sao Paulo, could be the location of a new edition of Woodstock, that little festival in 1969 that changed everything. Even though the event has not been confirmed, a well known advertising personality from Brazil is giving twitter updates and announcing they'll be able to talk about it in a month. More inside. Says Yahoo Brazil that the event would be a partnership between the company Groove Concept and advertising guru Eduardo Fischer. Even if the businessman and his company have released notes stating that all news so far is pure speculation, he has written on his twitter account: “In 29 days we'll be able to talk about a big sustainability even that will need your participation. #WOODSTOCK AND YOU HELPING THE PLANET”. Yahoo Brazil goes on to say that the festival's creator, Michael Lang, has authorized the organization of the event, and that it would take place on October 07-09 in a ranch called Maeda, information that also confirms a2media. Both say that bands could include Green Day, Linkin Park, Foo Fighters, Smashing Pumpkins, Rage Against The Machine, Pearl Jam and Bob Dylan, although Fischer has made clear that nothing is official yet. However, the a2media blog noted that Pearl Jam could be giving some clues about their participation in Woodstock Brazil through their website. There's also an event site at last.fm. What do you think? Is this happening? If so, we cannot wait! We'll keep you posted. added by: love_is_my_religion