Keep in mind that the O/S is 25,118,259 as of 12/14/06, but 23,000,000 are restricted.
There was an increase of 10M shares last Thursday and Friday to pay for 2 new business ventures. The PPS suffered very little with the added shares. The news has not yet come out about the new ventures, but I think once it does, it should rocket the price up for a nice profit.
When talking to the CEO, (he is very easy to contact at 207-772-3202) He just said he had 2 deals to complete before the end of the year. One I have since found out was the purchase of a magazine (N'East). The other I haven't heard anything about. BTW, "we should be trading at least at .13-.14 after the news is released", is what he said, take it for what it's worth.
Posts: 49 | From: OKC | Registered: Nov 2006
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posted
oupike, There already is a thread started on this stock. Why hide it? Shouldn't anyone interested in this stock hear all opinions?
Here's a sample posted 12-15-06 Take special note on my opinion of the float being higher:
You guy's do know that Jim the CEO of PDVP and Jim that owned 49% of N'east magazine are the same Jim? Jim essentually took his holding of the Magazine public by buying it from himself. I wonder what price Jim the CEO paid Jim the 49% holder for the Mag? Did they have a hard time coming to an agreement? Sqwable over price? I highly doubt it.
Also, he's been hooked up with Ole' danny-boy from PRRM, SMMW....You know the other 51% holder.
Did anyone notice that SMMW has not P/Red anything about selling their portion of N'east? Wouldn't that be a significant event and require a P/R?
IMO, anyone that still thinks the float on this stock is only 1+ million has not been around too long. It is obvious that that number has not been updated.
Good luck guy's, but I would not be suprised at all if this stock ends up being diluted to death behind closed TA doors down to triple zero's.
Remember, all Jim has to do is ask Dan Burgess for some guidence on how to run (ruin) a public company. Dan has been very good with Summus, hasn't he? Besides, Dan himself had the best teacher in the public company world, Mr. Asstrom,
Posts: 25 | Registered: Aug 2006
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quote:Originally posted by playtime42: oupike, There already is a thread started on this stock. Why hide it? Shouldn't anyone interested in this stock hear all opinions?
Here's a sample posted 12-15-06 Take special note on my opinion of the float being higher:
You guy's do know that Jim the CEO of PDVP and Jim that owned 49% of N'east magazine are the same Jim? Jim essentually took his holding of the Magazine public by buying it from himself. I wonder what price Jim the CEO paid Jim the 49% holder for the Mag? Did they have a hard time coming to an agreement? Sqwable over price? I highly doubt it.
Also, he's been hooked up with Ole' danny-boy from PRRM, SMMW....You know the other 51% holder.
Did you not read my post? This is exactly what I stated. He is purchasing the magazine. Picture this... you have a clothing line that caters to a specific group of people. You find a magazine that also caters to this specific group of people. At first you pay to advertise your clothing in the magazine, then you realise, I can BUY the magazine. Would you?
quote:Originally posted by playtime42: Did anyone notice that SMMW has not P/Red anything about selling their portion of N'east? Wouldn't that be a significant event and require a P/R?
The deal has not been finalized. Wait a few more days.
quote:Originally posted by playtime42: IMO, anyone that still thinks the float on this stock is only 1+ million has not been around too long. It is obvious that that number has not been updated.
Again, did you not read my post? I gave the new share structure strait from the CEO's mouth. He added 10M last Thursday and Friday to pay for the Magazine and one other venture.
quote:Originally posted by playtime42: Good luck guy's, but I would not be suprised at all if this stock ends up being diluted to death behind closed TA doors down to triple zero's.
Have you ever even spoke with anyone from this company? I gave a # in my previos post to reach the CEO directly. He is very willing to answer any questions. It is not dilution if you are using the revenue from the new shares to aquire assets. Expecially assests that will potentially make the company and shareholders more money.
quote:Originally posted by playtime42: Remember, all Jim has to do is ask Dan Burgess for some guidence on how to run (ruin) a public company. Dan has been very good with Summus, hasn't he? Besides, Dan himself had the best teacher in the public company world, Mr. Asstrom,
Just because he is buying the guys magazine doesn't make them best buds.
Looking forward to your reply.
Posts: 49 | From: OKC | Registered: Nov 2006
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quote:Originally posted by playtime42: First, you missed the whole point of the post. Why a new thread? That's OK you don't have to answer, we know why.
Really? I had some new information to bring to the table and didn't see the old post anywhere, but I'd still like to hear why you think I started a new post.
quote:Originally posted by playtime42: Secondly, No where have you ever pointed out in you posts that the CEO and the owner of the 49% are the same person.
Bwahahahah.... you do realize that in 90% of the companies that are .pk, the owner and CEO are the same person? Why does that make a difference? You might want to correct your last statement. He is soon to be 100% owner.
quote:Originally posted by playtime42: Don't you think that makes a difference?
No, please explain to me how this would "make a difference".
quote:Originally posted by playtime42: Whatever, Pump away
I thought only adolescent girls used the phrase "whatever". I don't think a post with annotated charts and an update on share structure is a pump, but "whatever".
Posts: 49 | From: OKC | Registered: Nov 2006
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