50 Cent Made $8.7 Million Promoting TV Marketing Firm

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January 11, 2011 | 2:20pm EST

50 Cent boosted the value of his business assets by $8.7 million on Monday after using Twitter.com to promote the TV marketing company in which he is a shareholder.
The In Da Club hitmaker has proved to be a savvy businessman over the years, pouring his cash into a number of successful ventures.

In October, he became a shareholder in TV Goods, a company which develops and markets consumer products on small screen shopping channels, in retail outlets and online and print media.

The rapper logged on to Twitter on Monday and encouraged his fans to follow in his footsteps so they can cash in too – proclaiming TV Goods would become a huge success.

He wrote, “You better get in now TVG I’m never saying this again. Watch how this company blows up.

“Follow my lead there (sic) going to get bigger trust me even if its (sic) a small investment it will pay off.”

And the endorsement has reportedly helped to bolster the penny stock of H&H Imports – the owner of TV Goods.

According to the New York Post, H&H stock jumped 29 cents to 39 cents on Monday, helping to boost the value of the singer’s 30 million shares by $8.7 million.