posted
I have this one on my watch list from last Wednesday, and I have no recollection of why... Hmmm
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
Checked some notes. Shakerzz was pumping it last week. I'd stay away from this one.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
Some D-bag that pumps stocks on IHub and leads lemmings into becoming bagholders.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
oh okay, thanks for the info. I'd stay away from his picks too. I have had this one in my watchlist since last week and it dipped down to this level. ARCA is on the bid (bigtime). $0.10 getting hit and its way undersold. I'll take a 40% - 60% from this.
-------------------- Please do your DD. Break some bread with me! Posts: 1138 | From: atlanta | Registered: Apr 2006
| IP: Logged |
posted
the problem with his picks the week or so after, is that you had a bunch of people who probably got in at thw .12-.14 range, and after he stopped pumping have already set their sells for their buypoint to break even, creating resistance at the point that he started pumping. You never know, but looking at the volume, I wouldn't expect to see it bak up to that range again, as bagholders just bidwhack to get out.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
I think its picking up on volume now as people know that this one is just too undervalued... I agree with you. I think once it starts getting volume it will move strong.
-------------------- Please do your DD. Break some bread with me! Posts: 1138 | From: atlanta | Registered: Apr 2006
| IP: Logged |
posted
Movie Producer Dadon, Son Barred from Operating Publicly Held Company; Largest Shareholder Regains Control of Global Entertainment Holdings/Equities, Inc. 57 minutes ago - CNW Group
The largest shareholder in Global Entertainment Holdings/Equities, Inc. ("Global," trading symbol GAMT.OB) today announced that a Miami-Dade Circuit Court Judge recently adopted the recommendations of a Special Magistrate and barred two California movie producers, David Dadon and Jacob Dadon, from continuing to exert control over the company after an apparently failed reverse merger transaction.
In ruling in favor of plaintiff Bryan Abboud, Global's largest shareholder, the court adopted the findings that the defendants had "wrongfully obtained control" of the publicly held company, failing to transfer all issued and outstanding shares of the acquisition company, Bayshore Media Group, to Global as required by the merger agreement. The court also referred the matter to federal investigators and, in response to what it characterized as "gross and flagrant" failures to comply with discovery and other requirements, struck the defendants' pleadings.
Miami-Dade Circuit Court Daryl E. Judge Trawick further expressly agreed that the matter be referred for investigation to the Securities and Exchange Commission (SEC), the Federal Bureau of Investigation (FBI), and the U.S. Attorney for the Southern District of Florida. The ruling had found that "the plaintiffs also presented compelling evidence of false sworn testimony by David Dadon and Jacob Dadon," and recommended referral both for investigation as to the potential of perjury charges as well as investigation as to the individual defendants' management of Global.
In his findings of fact, the magistrate stated that his "recommendation that the matter be referred to federal authorities is bolstered by the fact that this appears to be another in a long line of cases involving David Dadon wherein he has attempted wrongfully to acquire public corporations, attempted to take investors money, attempted to falsely accuse others, and has had his testimony rejected by the courts of this nation."
Hogan & Hartson attorney Alvin Lindsay, a partner in the firm's Miami office specializing in technology in litigation, handled this matter for the prevailing plaintiff.
The complete ruling can be viewed by clicking here.
Dont know if it is good or bad but I am in at .007. This thing is too low and they have $59,000,000 in film assets so I risked a couple hundy.
Posts: 712 | Registered: Mar 2006
| IP: Logged |
posted
UNITED STATES 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): October 15, 2007
______________
GLOBAL ENTERTAINMENT HOLDINGS/EQUITIES, INC.
(Exact name of registrant as specified in its charter)
______________
Colorado 0-27637 47-0811483
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
1 S.E. 3 rd Avenue, Suite 2100, Miami, FL 33131
(Address of Principal Executive Office) (Zip Code)
(305) 374-1574
(Registrant’s telephone number, including area code)
23760 Oakfield Road, Hidden Hills, California 91302
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
þ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Global Entertainment is under the management of a court-appointed receiver, Anthony Brunson, CPA pursuant to the 11 th Circuit Court in Miami-Dade County, case number 06-25278-CA-02, dated October 15, 2007. The receiver may be contacted at 1 Southeast 3 rd Avenue, Suite 2100, Miami, FL 33131 or (305) 374-1574.
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.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
