What does everyone think of this one. It has news out today. I just found this a little while ago. I am going to do some more dd later today.
Press Release Source: Raven Moon Entertainment, Inc.
Raven Moon to Spin-off a New Program That Could Double its Ad Revenues by the 1st Quarter of 2006 Monday May 23, 8:31 am ET Emmy Award Winning Producers Create New G-Rated 'MTV' Style Program called TED TV for Pre-School Kids Who Say 'I Want My TED TV'
ORLANDO, Fla., May 23, 2005 (PRIMEZONE) -- Raven Moon Entertainment, Inc. (OTC BB:RVNM.OB - News) is pleased to announce that it will spin-off a new G-Rated, all music video program for pre-school kids called TED TV(tm) that can possibly double its advertising revenues by the 1st quarter of 2006. ADVERTISEMENT
TED TV's(tm) lovable animated host TV Ted(r), who can be seen each week on Raven Moon Entertainment's, Gina D's Kid Club(r), which is currently airing nationwide on 145 television stations, will be spun-off into his own show this fall. The pilot program will be completed this fall, and syndication will kick off in time for the NATPE Convention in January.
``TV Ted(r) is an animated character who is a cross between 'American Bandstand's' Dick Clark, MTV's Carson Daily and a little bit of the lovable side of 'Sponge Bob' who leads pre-school kids from music video to music video like a pied piper,'' stated Joey DiFrancesco, Raven Moon's CEO and co-creator of the new show along with Emmy Award winning Executive Producer Bernadette DiFrancesco who created the TV Ted(r) character.
``Kids love repetition and kids love music. That's why we will build a new TED TV(r) line-up of commercial stations that can generate advertising revenues for Raven Moon's bottom line and give our broadcasters the opportunity to satisfy their FCC requirements. The stations will initially receive twelve G-Rated music video half-hour programs that they can air six days a week or once a week on weekends over a one year period, starting in the fall of 2005.'' stated Keith Jablon, Director of Raven Moon's in house Syndication division.
Raven Moon recently signed a one year agreement with TVi who has begun selling its commercial advertising time for the Gina D's Kids Club program to various sponsors like Time Life Music, Oreck Corporation and Zoo Books. TED TV(tm) will give Raven Moon an opportunity to possibly double its advertising revenues beginning in the 1st quarter of 2006.
For syndication information contact Keith Jablon at (407) 884-0444. For TV TED(r) product licensing contact Janice Hamlin at (276) 632-1772 or Chris Devine Dailey at (310) 374-1081. http://www.hamlinmarketinggroup.com.
Safe Harbor Act Notice: This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third- party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum or prospectus. Specifications are subject to change without notice.
Contact: Raven Moon Entertainment, Inc. 1-866 THE APPL(E) www.ravenmoon.net
Syndication Information Keith Jablon (407) 884-0444.
-------------------------------------------------------------------------------- Source: Raven Moon Entertainment, Inc.
Posted by blue_in_MI on :
you might get lucky doing a .0001 swing on it. but - if you do a search on RVNM, you will find my own and more importantly Purl's opinion on it. hint: it's far from a good opinion; tread cautiously here imho.
Posted by olliewallstreet on :
RVNM- Ravenmoon Entertainment I have been following this company for a year. I have purchased the DVD for my 3yr old who loves the Gina D show. The music is catchy and toddlers seem to like it. The company has been creating the additional shows as they state. I believe they have 18 episodes currently and are working on more. So basically, they have a real business plan. I know people who have seen the show on TV in some of the cities mentioned on the website. The financials statements are questionable as they have authorized up to 20billion shares and have absolutely no revenue currently. It would make sense if they are paying their producers and people promoting the show in stock. The question comes in at who keeps selling the shares. I do own shares, however I am cautious because it does seem like a stock scam, however I did see them in Poughkeepsie NY and they put on their performance to a very satisfied crowd. It seems like alot to travel up to NY from Florida if they weren't serious about promoting this show. Could this be a scam that somehow is turning into something that could take off,, we'll find out soon enough.
Posted by glassman on :
you cannot purchase this stock thru scotrade..nuff said?
Posted by GVMOORE on :
In last wk @.0002. Like it , but you are right ???. Time will tell.
Posted by glassman on :
Clearing Restrictions
Scottrade has set restrictions on the following securities due to clearing restrictions:
RVNM's PR today actually made me laugh out loud today, did you catch it Purl?
"our integrity, our good name, our creativity and our passion to succeed is what we bring to the table. We listen to our shareholders and we will be here for them until the job is done."
*snicker*
by "job is done" i thought they meant - to drive the stock price all the way down to it's inevitable conclusion of .0001, which they succeeded admirably at. but now i see - *gasp* who would have believed it - they had a nice R/S and have already sunk another 30% the last few days since. so - basically trading at .00007 now, even "better" than i thought, heh.
there's a few worse companies out there i suppose - maybe MLON and CMKX. not many, though.
Posted by blue_in_MI on :
.03's, or pre-R/S: .00003's. PR's coming more fast and furious now, as the DiFrancesca's realize that the end is near and soon they might have to get real jobs, maybe at burger king. maybe they could be those greeters at meijers. nah, they've skimmed so much profit out of this slop, at shareholder expense of course, that i highly doubt they'll ever need a real job.
except for companies that simply folded overnight, would be hard to lose $ faster than you would with RVNM. they seem to lose 30% a week for the past year or so.
i do find it amusing that for all the years they've been in business - RVNM is *still* producing less revenue than my 12-year old mowing the lawn. zippo, zero, zilch, nada revenues, let alone profit. i'm not even sure how that's possible, to have exactly $0 revenue even though you're producing tv shows and selling cuddlecrap toys. you'd think they'd have at least pulled in $86 bucks or so over the years. how can Mr. Pockets and GinaD afford beer money?
Posted by blue_in_MI on :
.02's, not surprisingly, dumped 75% in 2 weeks, on top of the already massive dump throughout the year. $10k in RVNM a year ago would now be worth about - a nickel, market cap on the order of $50K.
dunno why but i find it fascinating to follow RVNM in it's death-kicks, maybe i'm just twisted. the di-F's are pulling out all the stops: worthless warrants to "reward" shareholders (*snicker*), some goofy rearranging of finances with clubhouse videos that's meaningless, even reversing 2 letters in their ticker. if some college offers a course on shady OTC stocks, they should use RVNM as a textbook example of a lot of classic OTC maneuvers.
the funny thing is, it wouldn't surprise me at all if this thing had a short-lived bounce at some point: maybe from .005 to .01. even though of course i know better, is tempting to try to try to play it for a quick 20%, if only to try to bug you Purl, heh. eh i just can't do it though.
Posted by blue_in_MI on :
yet more predictable and classic moves - vote to up the A/S count to 5 billion:
also discloses that all told the Di-F's and all raven moon company officers hold: .42% of the common stock. what a vote of confidence! *snicker*, you didn't think insiders would actually *buy* this crap, did you?
i wonder if RVNM can set a record for the shortest time period between R/S's...
Posted by blue_in_MI on :
.016, down another 33% today alone, lost 84% of it's value in about 2 weeks. r/s time again, joey?
Posted by makone on :
this stock is dead now .
Posted by GVMOORE on :
When it gets to .0001 again I may try one more time. Looking for some way to reverse this scam and get my $$$ back.
Posted by blue_in_MI on :
.013, won't be long now before sub, the pace of PR's is ramping up too as joey gets desperate. i feel bad for screwed shareholders, but i admit i take great glee in seeing the cash cow for these scam-artist bozos finally being on it's last legs. gravy train is almost over, joey.
Posted by blue_in_MI on :
trying to hock some GinaD signed book on ebay for $5k? granted it's for charity, but - uh, i don't think they're going to get $5k for it. maybe $5, if someone is desperate for reading material in the can.
funny thing is - i bet on this one it'd be possible to try to play some mini-bounces say from .01 to .015 or so. but just no way i'm going to touch it - would truly be playing with fire and i'd darned well deserve to get burned.
Posted by glassman on :
as long as people are willing to play these? they will continue to do what they do..
just stop playing them? and the scams will die...
Posted by blue_in_MI on :
took longer than i expected, the little sucker was stubborn, but - finally went sub today, down 10% to .009.
the 100-for-1 warrant dividend PR from a few days ago cracked me up, this company is too funny!
"This warrant dividend is intended as a reward for our loyal shareholders who have supported us throughout the years,'' said Joey DiFrancesco, Chairman and CEO of Raven Moon Entertainment, Inc."
wow, what a reward!! investing in RVNM would have lost you 99.999% of your money over the last year or so, but - those warrants are dang nifty and make up for everything, thanks joey! what a swell guy. my pal, joey.
i admit that i *really* want to try to play this POS for a teeny amount, just for a bounce from say .006 to .008. main reason of course - just to bug you Purl, heh
Posted by blue_in_MI on :
.0075
Posted by blue_in_MI on :
death spiral continues, .0061. over/under for the next revere split is: one month. over/under for next S-8 (to go along with all the other ones) is: 2 weeks.
some hilarity in the daily desperate PR today though:
''Recently we exercised 943,160 warrants at $0.02 and converted them to restricted shares when the stock was trading at only $0.01 per share. One of the reasons we did that was because in our opinion GINA D'S KIDS CLUB(r) is going to be the next big thing and we can't wait to exercise more warrants on a 100 to 1 basis on October 1, 2005,'' stated Joey DiFrancesco Chairman and CEO of Raven Moon."
hard to imagine a better way to lose money than putting it into RVMN. if you would have put $10K in it a few years ago, you'd *literally* have about...a buck left, no joke.
this is of course why they changed their symbol from RVNM to RVMN - to make it harder for people to track just how monumentally sh!tty their stock has been.
to be fair, it is true though, that Joey bought some shares on the open market. you can find it at edgar online here:
he bought 943k shares in a desperation move. but you can also see that up until that point, he only owned: 24087 shares. that would amount to: $146.93, by my calculator. that's even less than the $666 gross profit they list on their last 10Q:
$666 gross profit for "sales of plush toys and cd's". i believe i could make that much if i had a garage sale. and my costs and expenses for the garage sale would not be $3,751,964, as RVNM's were last Q.
that is pretty nifty: to spend $3,751,964 to make $666!
you've raked in vast sums of cash by ripping off shareholders, joey. but - the gravy train is *just* about over.
Posted by clbgroove on :
Thanks Blue i needed a good laugh today and this one did it 4 sure!!!!
By the looks of it we are all in the wrong damn side of this stock market thing, we should all be out profitting $666 on the company and selling $100,000 worth of stock and then taking 100:1 back out. What a joke that these idiots can even be ALLOWED to put out a PR. Again thanks and GL away from all thses types.
Posted by blue_in_MI on :
joey is closing in on taking his rightful place on the "throne" with such characters as mario pina at MLON and urban casavant at CMKX.
it all amounts to: a big net $ flow out of investors pockets, and into the difrancesco pockets.
it's sad to see, really. especially on the OTC, there are way too many people investing hard-earned $ in "companies" like RVNM without doing any research, often those who can least afford to lose it.
Posted by BuyTex on :
OT: Blue, Mario also involved in BCIT counterfeit shares, lol
Posted by blue_in_MI on :
RVMN .004, down 34.43% on the day.
can't wait for the next PR, should provide much hilarity. bag of tricks almost empty, they have already used up all the classic ones.
those .02 warrants not looking too good at the moment, joey
Posted by HighSide on :
just called RVMN to clarify there offer, and to ask why should i exercise this warrant at .02 a share when i can buy through my broker at .005, the only answer was i cant give you any financial advice. is that about the lamest thing they could say, word for almost word send two checks one for $5.00 another for .02 x # of shares + $20.00. thats 4 times market price and almost 3 times brokerage fee man i am pissed what a scam i sell every share i own but the transaction fee would kill me. NO LOL
Posted by BuyTex on :
lol, joey's advice would be to erase the middleman and simply send him a check...
Posted by blue_in_MI on :
over/under for the next reverse split: november 1. wonder if they have a shot at a record for shortest time spans between R/S's
Posted by blue_in_MI on :
forgot to check in on my old buddies at RVMN lately, let's see what they're up to...
ok so back on 9/26 they put out a PR about some animated film that "could catch disney's eye". a few minutes later maybe they had 2nd thoughts about bandying about the disney name with really no reason to, and issued a corrected PR.
from the PR:
"The newest G-Rated independent film, 'March of the Penguins,' has already taken in a total of $70 Million in box office receipts to date."
i am willing to bet a substantial amount of money with any poster here that "Gina D & The Transistor Sisters The Movie" will not take in $70M in box office receipts.
"could catch disney's eye". really, i guess you can get away with anything, when you phrase it as "could". maybe i should start issuing PR's about myself:
"blue_in_MI *could* wed scarlett johansson"
let's see, moving on:
on monday they "Do It Again" with the kool-aid thing, exercising more .02 warrants. this time, a fair amount: $100K worth. i have to hand it to them: that is a lot of money. i catch myself wondering: could some of that $ raised from all the S-8's they've filed recently, been partly put towards additional pay for the DiF's, which they in turn used to do the whole warrant thing? am not *saying* this happened, but - the thought did cross my mind, i admit.
then today, jeb bush announced to be on ginaD:
"In the episode, Governor Bush will play Gina D's next door neighbor "Jeb" who brings Gina a postal package containing some books that was delivered to him by mistake. Since he has performed a "good deed," Simon, the Cuddle Bugs and Gina invite him to read one of the new books that has just arrived."
maybe dubya will lend job "my little goat" for the appearance?
anyway, continued strange happenings, the whole kool-aid thing still strikes me as just so absurd that i don't even know what to say about it.
btw, none of all this stuff seems to be working: RVMN closed at a new all-time low today of .0038
Posted by BuyTex on :
blue, you may like this: on the news desk at the most recent metro paper I worked on? Best copychief there I ever worked with...one of his pet peeves? "Flames could be seen from 11 miles away."
"Really? 'Could be' seen--hey, DID ANYBODY see these flames?!"
lol, he was good...
Posted by HighSide on :
joey d has been pissing on us for years now presidents brother how much worse can they get, Hitlers lost child, not saying bush is like hitler but COULD be
Posted by blue_in_MI on :
.0013
that's a 90% decline in a month, and about a 99.999% decline in a year. $10K put in RVNM a year ago would currently not even buy you a cup of coffee.
the DiF's also paid more than 15x today's closing price to drink the kool-aid and exercise the .02 options: the $100K they dumped in now worth about $6500. must be some lousy tasting kool-aid.
Posted by HighSide on :
hey joey you reading this why dont you exercise some more of those options
you shoudnt get to keep all of my money serves you right, i put a lot of faith in your company now i lose more money if i sell your crappy stock wish i could donate it to an unworthy cause, or if you could send me my shares i could use it to wipe my A$$ its cheaper than toilet paper
Posted by blue_in_MI on :
shareholder's meeting announced to be 11/18, that should be a fun event, heh
is pretty funny to go reading at edgar online about just how much $ the diF's pull out of RVNM, while shareholders get the shaft. here's the salary schedule for the next few years, straight from the 10K:
of course this doesn't include the endless millions of free stock shares, though of course it's basically worthless stock.
amusing to to see GinaD's salary, who is of course the daughter of joey. not bad, a $752/mo lease payment for her car, courtesy of shareholders, on top of of course wads of stock and other pay.
that must be some nice wheels, i bet you can lease a nice car for $752/month. probably better than my '89 wagon, heh
end of the gravy train is drawing near though, as dylan would say - "you'd better take your diamond ring, you'd better pawn it babe..."
Posted by HighSide on :
hey joey and gina D thanks for the offer ill pass
i know how to buy these shares at a fraction of what your offering them to me for
any body else what to get a hold of these shares cheaper than .02 get just go directly through there broker although i wouldnt recommend it im sure itll get cheaper than its current .0015
Posted by blue_in_MI on :
let's see, what are my buddies at raven moon up to lately?
they actually had a minirun based on some PR about ginaD being on more stations yada yada, almost doubled to .002. didn't last long though, pps already eroding back to .0015 range.
i see they postponed their annual meeting. i can't blame them, if you were joey would you want to face shareholders?
no one should be surprised by their 2 SEC filings this week. that pesky edgar online, makes it so easy to track their moves. am almost surprised RVMN hasn't delisted, you'd think it would be wise for them, so they can do what they want without that pesky traceability.
"The Company adopted the Amendment to increase its authorized capital stock by authorizing an increase in Common Stock to 20,000,000,000 shares of Common Stock."
*snicker*. I'M SHOCKED!!! more shares?!?! never could have seen that coming. heh. note that the current authorized is 5B, so this would QUADRUPLE the A/S.
a sec-8 for another $300K worth of shares. that's the 3rd in a 6-week stretch, and you can bet more are in the pipeline.
can't be long until the next reverse split, i bet it happens by the end of the year.
Posted by BuyTex on :
blue, can *anybody* seriously consider this as a play?
lol, I'm trading only a few months, now, yet I recognize this as a family scam...
Posted by blue_in_MI on :
is interesting, looking at the latest 8K, a few quotes:
"The authorized stock of the Company consists of 5,000,000,000 authorized shares of Common Stock, par value $.0001 per share, 172,403,066 shares of which were outstanding as of October 26, 2005, and 800,000,000 authorized shares of Preferred Stock, par value $.0001 par value, approximately 600,000 shares of which were outstanding as of October 26, 2005."
... "Each share of Preferred Stock shall be entitled to convert into $10.00 in value of the Company's Common Stock."
that is a pretty nifty trick, that preferred stock: worth $10 no matter how far the common stock slides! what a deal!
so because the common stock has utterly tanked, the market cap via "common stock" is a paltry $259K. but of course you have to add in the $6M worth of preferred stock, which brings the market cap up to more like $6.259M. basically the entire "worth" of the stock is in the preferred shares, worth 20x more than the common shares. RVMN lost about $10M last year, by comparison.
Posted by blue_in_MI on :
more kool-aid hilarity in today's PR:
"The new terms of the warrant dividend are: effective immediately any shareholder of record as of September 30, 2005 can exercise 100 warrants for each share owned at $0.0015 anytime up to December 31, 2005.
This offer is being made retroactively for shareholders who have already exercised 100 for 1 warrants at the $0.02 price and anyone who wants to exercise these warrants up to the end of the year."
of course the most interesting part is the "retroactively" part. remember when joey drank the kool-aid, exercised a lot of warrants, and then tried to get everyone else to?
guess what's next, can you guess?
think joey has the balls to basically get almost all of his money back that he lost exercising all those worthless warrants, by retroactively going back and reexercising at .0015 instead of .02? really, would it surprise you at all at this point, if you've followed RVMN? you didn't really think joey was going to LOSE money on this, did you?
Posted by HighSide on :
do you think these guys wake up every morning and go to work or do they just lounge in there pjs and scheme up these prs
but on the other hand that gina D show is really pretty good my kids love it and so do a lot of other kids i no
man i am so pissed at the RVMN management, i remember when before all the r/s and dividends i was actually up on this and extremly optimistic i cant believe i am considering buying more of there TOILET PAPER stock
PLEASE someone save me type some sense into my head.
Posted by BuyTex on :
RVMN "management"?
lol, you answer your own lament...
Posted by blue_in_MI on :
quote:Originally posted by HighSide: i cant believe i am considering buying more of there TOILET PAPER stock
PLEASE someone save me type some sense into my head.
uh, good luck if you do, but - you can't ever say that nobody warned you
Posted by HighSide on :
ive been warned let you no if i do probly just buy some more of one of those other crapping holdings i have
Posted by blue_in_MI on :
ha ahah aha, well i gotta hand it to you joey: after trying every trick in the book, you FINALLY hit one that drew some suckers in - the *forward* split. snicker, nice. almost $1M traded yesterday, up to .002. of course, to put this "gain" in perspective: basically a $10K investment in RVMN 6 months ago fell to about $2 at the low point, and now is back up to worth $20 or so again. yesterday's big gains basically took them back to where RVMN stood one month ago.
there were a lot of posts about RVMN on this board yesterday - maybe somebody who bought can explain to me: why did you the 5-1 forward split make you buy? are you under the impression that the new split shares will be worth the same as the pre-split shares? it's like a pizza store having trouble selling pizza, and deciding to slice pizzas into 5 pieces before selling, instead of selling unsliced identical pizzas.
really pretty amazing, don't even know what to say. my hat's off to you joey - nice job. my advice to anyone who bought yesterday: congrats on any to who made nice short-term gains, but - be very careful about holding too long, as keithsan pointed out in another RVMN thread.
the SEC filings don't lie, and their last Q was yet another doozy. $7000 revenue this time which is a milestone for them. of course it cost them about $5M to generate that $7k...for a whopping FIFTY CENT PER SHARE LOSS.
yeesh
Posted by HighSide on :
only money here will be short
if your up on this one sell it fast
dont be greedy on this one TAKE YOUR PROFIT AND DONT LOOK BACK
Posted by glassman on :
blue, i suspect it was short covering... the nekked kind... it's not easy delivering shares ya don't have.....
Posted by keithsan on :
hey G
Posted by Raptorsrule on :
quote:Originally posted by glassman: blue, i suspect it was short covering... the nekked kind... it's not easy delivering shares ya don't have.....
That's what I think too.....hoping it continues....
Posted by Raptorsrule on :
decent news here today on this pig....may have to get back in....
Raven Moon Receives $4.76 Million in New Financing to Complete 40 Episodes of GINA D'S KIDS CLUB(R) for PBS PR Newswire - December 06, 2005 08:31 American Public Television and WPBT/Miami Have Offered 23 Brand New, Never-Seen Episodes of GINA D'S KIDS CLUB(R) to Public Television Stations Targeted for a June 2006 Launch
ORLANDO, Fla., Dec 06, 2005 /PRNewswire-FirstCall via COMTEX/ -- Raven Moon Entertainment, Inc. (OTC Bulletin Board: RVMN) is pleased to announce that it has received $4.76 million in new financing from MG Studios in order to produce 17 episodes of GINA D'S KIDS CLUB(R). The additional episodes will bring the total number available for public television stations to 40.
The $4.76 million from MG Studios is in addition to the $5.0 million in financing it has invested in Raven Moon more than a year ago. MG Studios has extended the additional financing to Raven Moon Entertainment based on the company's good standing with its payments. "Raven Moon is a cash-and-carry company. They have paid in full for all episodes to date. MG Studios is very happy to be a partner with the company in creating high-quality children's television programming and we are excited about the prospects for the show and for Raven Moon," said Mike Gibilisco, President and Owner of MG Studios.
Raven Moon's Board approves 5-for-1 forward split to reward shareholders who hold and acquire stock in the last month of 2005
Last week, Raven Moon's Board of Directors and majority stockholders approved a forward stock split on a 5-for-1 share basis. The record date for the forward split is December 31, 2005. The effective date will be January 30, 2006.
As a result of the forward stock split, every one outstanding share of the company's common stock will be exchanged for five new shares of common stock. Common stockholders are not required to take any action related to the forward split.
"The forward split will increase the holdings of our shareholders, including all those current and new shareholders who have exercised their 100-for-1 warrants before December 31, 2005," said Joey DiFrancesco, Chairman and CEO of Raven Moon.
About Raven Moon Entertainment, Inc.
Raven Moon Entertainment, Inc. is involved with the production of family entertainment programs for television, VHS tapes, DVDs, music CDs and related toys. Raven Moon has produced 24 episodes of GINA D'S KIDS CLUB(R), which started airing in September 2004 and is currently carried on 227 television stations nationwide. In November 2005, an exclusive agreement was signed with public television station WPBT-Miami designed to expand the reach of GINA D'S KIDS CLUB(R) for early elementary school-aged children on a premier pre-school destination like public television.
For WPBT-Miami, contact Ellen Soto at (305) 424-4040 or ellen_wpbt.org .
About MG Studios
MG Studios is a state-of-the-art fully digital television and multi-media studio located in Longwood, Florida. With capabilities to produce, edit, animate, create special effects and CD-ROM and DVD authoring, along with Web design, MG Studios specializes in the creation and complete packaging of content for the television industry. For more information, visit http://www.mgstudios.com .
Safe Harbor Statement
This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual reports, offering memorandum, or prospectus. Specifications are subject to change without notice. Raven Moon Entertainment assumes no obligation to update any forward-looking statements.
SOURCE Raven Moon Entertainment, Inc.
Carol Merry, Fahlgren Mortine Investor Relations, +1-614-825-1752, or carol.merry*fahlgren.com, for Raven Moon Entertainment
to me, one thing would be good news for RVMN: they actually GENERATED SOME REVENUE, let alone having it be *profitable* revenue. as 12-yr old with a bike and a paper route could quite literally generate more revenue than RVMN has.
but - what the hell do i know, i am still trying to figure out why RVMN shot up based on the absurd forward split news and the whole warrant kool-aid thing. probably some suckers will buy on this news and it will go up, market makes very little sense to me at times.
seriously, can someone explain to me why the 5-for-1 forward split was good news, deserving of having RVMN rocket upwards? how is it different than simply having a pizza place slice pizzas into 5x smaller pieces, seriously? maybe i am missing something... OK you get 5x the number of shares, but - the shares are "worth" 1/5 the amount of original shares, strikes me as a net-no change. the good thing for RVMN is now their losses don't look so ugly: instead of losing 50 cents a share, now they only lost 10c a share split-adjusted, woohoo!!
whatever - obviously the last week indicates that money can be made on this, but - play with this one at your own risk, if you ask me
Posted by Raptorsrule on :
Blue....it's a POS IMHO.....I do think money can be made short term though.....I am in no form or fashion advocating a long hold....
ease up...LOL
Posted by Raptorsrule on :
up 70%... Posted by blue_in_MI on :
not surprisingly: .0001.
Posted by blue_in_MI on :
beauty of a day for RVNM: lost:
EIGHTY ONE POINT THREE THREE PERCENT
of it's "value" today, quotes emphasized. shock of shock: 75-1 reverse splits, so today's close of .0014, corrected for the split, really means that by pre-split numbers it closed at:
.0000196.
my handy 1/x calculator button shows this as:
50,864 shares for a dollar.
i'm sure there are others that are worse, but - honestly, if you scoured the entire investment world in search of the worst possible investment choices in the world, it would be hard to do any worse than RVMN.
i'd have to do the math, but in rough numbers: $10,000 invested in RVMN a few years back, would literally now be worth about: one penny. that is pretty impressive, a $9,999.99 loss on a $10K investment. nice!
really, it's just too pathetic for words. especially if you think back to their ridiculous string of PR's.
STILL EXERCISING THOSE WARRANTS, JOEY?!?!?!
heh.
truly pathetic. ban me if you want for the choice of language, but - there's just no other way to say it. RVMN, or RVMN, or RVMO, or whatever the hell the next permutation will end up is: simply a complete and total piece of sh!t stock.
Posted by blue_in_MI on :
hilarious PR for RVMN/RVNM/RVMO whatever ticker du jour you want to call it:
back to .0003 again, *after* the 75-1 split just a few weeks ago. so by my calculations, that's a 96% loss in just a month or so, on top of all the other 96% losses in previous periods for raven moon.
Posted by BuyTex on :
seriously, have you ever seen a PR where the VERY FIRST WORDS in the bold header at the top are:
"If the check is good..."
just too funny.
"If the check is good", the very first 5 words.
I'm actually not sure which would be the funnier outcome: if the check was good, or no good. If it's good, someone actually forked out $1M for worthless warrants. If it's no good, does RVMO have another 5-word retraction PR to issue?
"uhhh, the check was no good"
actually that's 6 words if you count the uhhhh... - sorry.
Posted by BuyTex on :
lol, blue--one suspects the English language does *not* obtain...much less pertain Posted by Livinonklendathu on :
Another S-8 today for a billion - that is the 8th one this year.
Posted by Dustoff101 on :
The stock that never stops giving! LMAO
Comedy Central couldn't come up with better material!
" If the check is good " too friggin funny.
S-8 Billions and Billions and Billions [ Johnny Carson mimicking Carl Sagan ]
Posted by blue_in_MI on :
who knows, maybe i'm being unfair a lot of companies will begin having the first few words of their PR's be "if the check is good".
MSFT: "If the check is good, we will release Windows Vista..."
WMT: "If the check is good, our stores will open tomorrow..."
amazing, don't even know what to say. The Bernadette Bikini and "If the check is good..." all in about a one week span. That has to be some kind of OTC record for comical PR's in the shortest time span.
If the check *IS* good, probably they will bronze it and signify the moment by making their ticker symbol RCWG for "Raven Check Was Good" rather than RVMN or RVNM or RVMO or RMOO or whatever the ticker-du-jour is, sometimes i lose track they change so fast.
Honestly the one thing that really does surprise me about RVMN, seriously: why do they stay on the OTC, and not simply drop to the pinks? It's not like they have even a shred of credibility left at this point. Why bother to keep filing miserable Q's and K's and pay the $ to stay on the OTC, especially when all of their S8's are easily trackable that way? Why not just go to the pinks? That much, honestly I don't really understand, is surprising.
Posted by Livinonklendathu on :
Why do what you do in secrecy when you can do it in the open and get away with it. They are laughing in the face of the "system" by remaining transparent. Big giant balls....
Posted by blue_in_MI on :
haven't checked in my buddies at raven moon for awhile, let's see how they're doing.
wow i see they released their 10K, great results! this year it only cost them $7.6M to generate a whopping $10K of revenue, very nice!
for these sterling results, joey's salary for 2005, not even including a wide array of other stock and other incentives was:
$550,914
it's true, go look it up in the 10K, i did. of course bernadette gets wads of cash too.
you almost have to wonder if they can sleep at night: perpetuating their scam year after year; skimming over $1M a year off their crooked "business". somehow, i bet they can.
flooded two point eight BILLION more shares into the market over the last week alone, with new 8K's. if you look at edgar online, also quite a few sec4's in there as well. lemme give you a hint: they don't show joey buying. of course: joey is busy dumping, while he issues PR's urging the masses to drink the kool-aid and buy.
about the $1M check they received for their worthless warrants, that literally had the very first words "if the check is good..."? funny, never heard a followup on whether the check was good. shock of shocks.
also another shock - seems like the "postponed" annual shareholders meeting somehow never got rescheduled, imagine that. i'd pay good money to see joey have to face his shareholders in an annual meeting. is tar and feathering legal in florida?
it's funny, but it's also sad that this charade continues on year after year. the net effect is always the same: money flows out from shareholders pockets, directly into joey's.
Posted by BuyTex on :
Blue,
Bonnie n Clyde should be a "stickie"
Posted by blue_in_MI on :
another beauty of a 10Q by RVMO. much hilarity abounds, but really you can boil it down to these 2 sentences from the Q:
"Total revenues for the three months ending March 31, 2006 and March 31, 2005 were $0 and $13, respectively. The 2005 revenues were generated by sales of plush toys."
-and-
"During the three months ending March 31, 2006, the Company recorded a Net Loss of $2,132,437 as compared to a loss $1,238,949 for the three months ending March 31, 2005."
really, not much else to say. my 13-yr old earned exactly the same amount mowing the lawn this past weekend, as RVMO did for all of the previous Q: $13. one would think $13 would be an easy Q-over-Q comparison to top from the previous year, eh? nope: $13 to $0.
anyone want to wager odds on the next reverse split date, and symbol ticker? i'll go with:
RMOO, and: july 1
maybe they need to issue a new PR that says "if the $13 check is good..."
Posted by blue_in_MI on :
this one still cracks me up every time i check on my RVMN buddies, even months later. easily the funniest PR i've ever seen. the VERY FIRST WORDS of the PR being "If the check is good", true hilarity
quote:Originally posted by blue_in_MI: who knows, maybe i'm being unfair a lot of companies will begin having the first few words of their PR's be "if the check is good".
MSFT: "If the check is good, we will release Windows Vista..."
WMT: "If the check is good, our stores will open tomorrow..."
amazing, don't even know what to say. The Bernadette Bikini and "If the check is good..." all in about a one week span. That has to be some kind of OTC record for comical PR's in the shortest time span.
Posted by Dustoff101 on :
struck something so hard it broke the drilling bit, something is stuck in the 2.5 inch pipe....CMKX Diamonds Pink Sheet Ka-Put!
Posted by TickTrader on :
ummm... guys ... go back to the filing and you'll learn what happened to the check. lol
Posted by blue_in_MI on :
quote:Originally posted by blue_in_MI:
anyone want to wager odds on the next reverse split date, and symbol ticker? i'll go with:
RMOO, and: july 1
well i was pretty close when i guessed july 1: 1-for-20 R/S announced on june 26:
they were trading at the time at, of course, .0001. so for a fleeting instant they were in theory worth .0020 before the open on monday. not surprisingly, they rocketed downward as if shot by a cannon, and closed today at .0003. so by my math, that's an 85% loss just on the *week*, stacked on top of all the other enormous losses.
btw, i guessed the new symbol wrong: RVEM, not RMOO.
so many splits and symbol changes is hard to really tell (which is of course their intent), but by my estimate: $100,000 invested into raven moon a few years back, would quite literally be worth about a buck now. half a million dollars put in raven moon a few years ago, would barely buy you a starbucks coffee today.
Posted by Purl Gurl on :
Knock it off, Blue. You know the DiFrancesco family is a good Christian family, especially Gina.
Purl Gurl
Posted by T e x on :
The Joey & Bernie show...
let's say it's the 1880s...
do we see them in a wagon, touting Heath Cures, selling laudanum, absinthe, and various tinctures? or Railroad Stock?
Posted by glassman on :
absynthe? i hear that stuff is coming back....
Jaegermeister is pretty good
these RVNM people belong in jail...
Posted by Dustoff 1 on :
Hey, even Gateway [not the 'puter'] is around again..LMAO How many reverse splits is it now?
Posted by blue_in_MI on :
i am tempted to send them a check for one BILLION dollars for the kool-aid warrants, just to see if they would issue another "if the check is good..." PR.
when's your birthday, purl? i'm tempted to send you a swimsuit from bernadettes the "ms. bzzz swim and go" collection as a gag gift.
you could wear it in the pool while playing with your waterproofed-cuddlebugs while you supervised me doing all your yardwork, of course
Posted by Purl Gurl on :
"i'm tempted to send you a swimsuit from bernadettes the "ms. bzzz swim and go" collection as a gag gift."
* chokes *
As if I would consider wearing anything to swim!
I sure you noticed all of Bernadette's swim fashions are retro-fifties fat woman look; tummy tucking panels and high waisted skirting.
Apparently Bernadette has not been working out to her Praise-R-Cise album of two decades back.
Bernie!
Purl Gurl
Posted by Purl Gurl on :
Joey and Bernadette DiFrancesco in back. Gina and husband up front.
These are the company executives of Raving Moon.
Purl Gurl
Posted by Livinonklendathu on :
2006 S-8 Count as of 7-20-6 =
12 filed for 21.6 Billion shares.
Unreal
Posted by blue_in_MI on :
took exactly 2 weeks after the 1-20 reverse split, for raven moon to drop back to it's inevitable "home" of .0001.
10 trading days, 95% loss.
nice job, joey and bernadette! i can see why you lavished yourselves with those lofty salaries, as noted here in edgar online:
Name and Other Compensation Principal Position Age Year Salary Paid
Joseph DiFrancesco 63 President 2003 382,579 $58,692 2004 459,095 2005 550,914 Bernadette DiFrancesco Vice President 61 2003 127,526 58,691 2004 153,032 2005 183,638
The Company leases two automobiles for use by Joey and Bernadette DiFrancesco. Each lease was recently renewed for a three-year term. One lease is for $832 per month, and the other is for $952 per month.
and that doesn't even include all their compensation.
anyone want to guess on the next reverse split date? i'll go with november 1.
Posted by T e x on :
as good as any, blue...guess I'll say closer to Thanksgiving, in the spirit of friendly wagers
Posted by blue_in_MI on :
Q out, is truly hideous, losses accelerating: lost over $5M the first 6 months alone, to produce $1,5576 in revs. no comment is really necessary, the Q speaks for itself.
Posted by blue_in_MI on :
quote:Originally posted by T e x: as good as any, blue...guess I'll say closer to Thanksgiving, in the spirit of friendly wagers
ha ha, well - we both guessed too late, tex! on the heels of the manure pile that was his 10Q, joey announces the umpteenth reverse split:
last one was 1-for-20, and took almost no time at all to dump back to .0001. this time, joey is being smarter: will maybe take a little longer to drop from .0200 to .0001.
maybe that should be our next guess, tex: how long will it take for RVEM to drop from .02 to .001, after september 20? my guess is will drop to about .004 the very first day, and then by october 10 will be back at it's "home" of .0001 again.
no comment really necessary, just pathetic. pfffft
Posted by blue_in_MI on :
Following is a schedule that summarizes the activity in accruals and payments related to Joseph and Bernadette DiFrancesco, the officers of the Company, for the six-months ended June 30, 2006 and 2005:
![[Smile]](smile.gif)
![[Roll Eyes]](rolleyes.gif)
![[Confused]](confused.gif)
