Vision Works Media Group, Inc. Closing Date Set With Orlando Channel 29, Inc. 5/19/2005 8:48:01 AM ORLANDO, Fla., May 19, 2005 (BUSINESS WIRE) -- Vision Works Media Group, Inc. (Pink Sheets:VWMG) announced today they have set a closing date for May 25, 2005. The due diligence has been completed to acquire Orlando Channel 29, Inc.
Orlando Channel 29, Inc. is a management company of terrestrial broadcasting. Orlando Channel 29, Inc. will have the responsibility and function to show the programming of Vision Works Media Group, Inc. Orlando Channel 29, Inc. will share the office of the parent company, Vision Works Media Group, Inc.
Matthew Clapp, is the president of Orlando Channel 29, Inc. The purchase price of the acquisition is shares of restricted stock of VWMG. Mr. Clapp said, "I look forward to joining the VWMG family and I see a tremendous future for the VWMG unique concept of films shown on television." The films range from but are not limited to feature length movies, shorts, comedies, documentaries and animations.
Mark Astrom, President of Vision Works Media Group, Inc. said: "In most cases these films have never been seen outside of film festivals or gallery exhibition. As part of the Vision Works Media Group, Inc. these films will reach large audiences. This relationship is a truly a symbiotic relationship and we are very glad to make it all possible."
Vision Works Media Group, Inc. has its office and film and production studio in Orlando, Florida. The address is 57 West Pine St, Orlando, Florida 32801. The office is 4100 sq ft and will serve the company as corporate offices. The location is one block from Church Street Station, a downtown Orlando tourist attraction, and picturesque site for filming.
The mission of Vision Works Media Group, Inc. is to expose the works of independent filmmakers and artists to the greatest number of viewers by taking New Screen TV to additional pay-TV distributors, cable.
FORWARD LOOKING STATEMENTS: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.
SOURCE: Vision Works Media Group, Inc.
Vision Works Media Group, Inc., Orlando Mark Astrom, 407-346-6717 Fax: 407-843-5997 http://www.vwmg.net
Copyright Business Wire 2005
Posted by striper on :
any thoughts on this?
Posted by thebilder on :
Huge volume today. Looks like 25 miL O/S. Traded 351.5 mil shares today.
Posted by striper on :
time to buy
Posted by Tooka56 on :
I agree, be cautious though, going in for .0002.
Posted by imran_h on :
anyone know why this one has fallen so much over the last few days?
Posted by fishfarmer on :
The price is certainly righr. I just bought 1mil
Posted by Tooka56 on :
I'm in for 2.5, I thought the news sounded positive personally. Would love to see some people relax and let the bid go back up again. Perhaps we'll have the opp. to sell @ .0005.
Posted by ya ya on :
I'm in @.0002
Posted by JayRa on :
Vision Works Media Group, Inc. - Now Fully Automated TV Station
ORLANDO, Fla., Jun 13, 2005 (BUSINESS WIRE) -- Vision Works Media Group, Inc. (Pink Sheets:VWMG) announced today they finished final stages of testing new broadcast automation system. The Company has purchased an automation system that enables the New Screen TV programming to be fully automated and allows for commercial insertion. The system has been bench tested and running uninterrupted and with zero down time and zero failures for eight weeks.
Mark Astrom, President of Vision Works Media Group, Inc. said: "The new and completely digital system allows us to seamlessly integrate programming content and commercial insertion. This equipment is really the behind the scene nuts and bolts of our ability to generate revenues through advertising. The entire system is state-of-the-art while also exponentially expandable, very important in today's evolving digital environment."
Vision Works Media Group, Inc. has its office and film and production studio in Orlando, Florida. The address is 57 West Pine St, Orlando, Florida 32801. The location is one block from Church Street Station, a downtown Orlando tourist attraction, and picturesque site for filming.
The mission of Vision Works Media Group, Inc. is to expose the works of independent filmmakers and artists to the greatest number of viewers by increasing distribution of New Screen TV to additional pay-TV distributors (cable and satellite).
Forward Looking Statements: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to mange growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.
SOURCE: Vision Works Media Group, Inc.
CONTACT: Vision Works Media Group, Inc., Orlando Mark Astrom, 407-346-6717 Fax: 407-843-5997 http://www.vwmg.net Posted by svrider650 on :
I bought some of this just because it is at the real bottom. Can anyone think of why this tanked so hard? Maybe it is getting naked shorted or something? or do you think they are pouring more shaes into the market? Something must be going on here. Or maybe they could be trying to buy back their shares or something. Just like to hear some opinions.
Posted by striper on :
I hear that they bought the channel 29 in orlando florida with restricted shares mybe not restricted anymore let's hope they run out soon
striper
Posted by lilpennypincher on :
Just put a small order in.......L2 looks NICE
Posted by fishfarmer on :
Where can I get the L2 for pink sheets?
Posted by lilpennypincher on :
alpha trade.com
got my fill
9x.0001
1x.0002 1x.0003 2x.0004
Posted by lilpennypincher on :
There goes it!!!!!!! ask just went to .0003
Posted by ya ya on :
now we need the bid to rise
Posted by lilpennypincher on :
OK!!!!!!!LOL
Posted by Leardron on :
Hey guys, just to let you know that Etrade is not accepting orders online for vwmg. Anyone know what is going on?
Posted by lilpennypincher on :
I don't know.......I was able to purchase through Scottrade with no problem.
Posted by ya ya on :
bid is up to .0002 now.Go baby
Posted by lilpennypincher on :
GO BABY GO!!!!!!!!!!
Posted by lilpennypincher on :
ONE at .0003 and then we hit .0004! let's ROCK AND ROLL!!!!!!
Posted by FatherOfTwo on :
I was just looking through the posts and saw this one... looks like a great bounce play!
Nice catch!
Posted by imran_h on :
ok i am in!! got in at .0003 instead of .0002
but its ok look at the buys coming in and plus this one has gotten crushed over the last few days could bounce big time!!!
Posted by lilpennypincher on :
ask now at .0004
Posted by lilpennypincher on :
ONLY ONE THERE NOW!!!!!!
Posted by imran_h on :
4 by 5
WOW
Posted by bigwormcb on :
whats the O/S
Posted by imran_h on :
damn this was at .10 just 60 days ago thats like 250 times from where it is right now
wozers alot of room to run but anyone know why the downfall????
Posted by bigwormcb on :
well i hope that it gets back their quickly ,,, if so we will all be happy
Posted by bigwormcb on :
anyone have l2's
Posted by imran_h on :
ok we are back to .0004
a break of .0005 and we are off imo
Posted by svrider650 on :
At the moment spread is kind of wide.
Bid
.0002 x 4 .0001 x 5
ask
.0004 x 4 .0005 x 2 .0010 x 2 .0018 x 1 .0040 x 2
Posted by bigwormcb on :
come on .0005
Posted by bigwormcb on :
ill be happy with this close today
Posted by bigwormcb on :
whats the outstanding shares? anyone know
Posted by svrider650 on :
This is from pinksheets
VWMG -- Vision Works Media Group, Inc. Com ($0.001)
Address: 57 West Pine St. 3rd Floor Orlando, FL 32801 USA
Estimated Market Cap: 7,500 as of 2005-06-13 (based on Outstanding Shares as of 2005-04-18)
Current Capital Change: shs decreased by 1 for 10 split Ex-Date: Record Date: Pay Date: 2004-08-10
Dividends:
Company Notes: Formerly=Bonanza Gold Corp. until 8-98 Formerly=GoldEye USA, Inc. until 2-04 Formerly=Sierra Diamond International, Inc. until 4-04 Formerly=ITOS, Inc. until 8-04 Formerly=Satellite Phone Source, Inc. until 4-05
Class Notes: Capital Change=shs decreased by 1 for 200 split. Effective date=2-14-04 Capital Change=shs decreased by 1 for 500 split. Effective date=4-12-04
Transfer Agent: American Registrar & Transfer Co., Salt Lake City, UT 84111
Posted by fishfarmer on :
What say today Lilpenny
Posted by bigwormcb on :
its it just my streamer or has their not been any trades made so far?
Posted by JayRa on :
Ive got the same
Posted by svrider650 on :
Trades coming in at .0003 now
Posted by fishfarmer on :
Get it when it hits .0002 you greedy people. Posted by fishfarmer on :
Get it when it hits .0002 you greedy people. Posted by Leardron on :
Okay guys here is the scoop on this, some guys have called the TA for this stock and they have said that the issued shares is 7.3 Billion shares and that they are planning on doing a reverse split on the 21st. Etrade also confirmed this which is why they stopped allowing buys on the stock. Take this for what it is worth but it has been confirmed by the TA and Etrade. Call the TA for them if you want to confirm yourself.
Posted by imran_h on :
i just bought the stock through etrade
Posted by ya ya on :
another bloody reverse split
Posted by Leardron on :
quote:Originally posted by imran_h: i just bought the stock through etrade
I didn't try today but they had stopped it yesterday.
Posted by imran_h on :
i bought it yesterday from etrade too
and i bought more today to avg my cost down
Posted by striper on :
has anyone else heard about the r/s is it true?
Posted by svrider650 on :
What is the TA? I know I should probably know this
Posted by bigwormcb on :
transfer agent
Posted by Penny_Stock_Master on :
quote:Originally posted by striper: has anyone else heard about the r/s is it true?
I think it is. Lowtrades is my broker and it was flag for reorganization R/S.
Posted by imran_h on :
anyone know for sure if this stock is r/s ing or not?
Posted by nickrails on :
It is possible that they are NOT going to do a R/S but a Forward split. Mark Astrom's Dad did it with NRES I understand. This is an odd duck, but they do have a solid, viable biz plan.
Posted by nickrails on :
Leardon, I dont know if there is going to be a reverse split but I spoke to Etrade 2 times and to the T.A. - first, Etrade would not reveal a pending reverse split AHEAD of a P.R. - that is illegal. They have stated basically that some kind of company action is pending. Secondly, the TA is gagged and will not give the O/S on this stock. They did not say that there was for sure a reverse split - they told me that I had to fax in a request for share structure, etc. I am very upset at this stock, but your statements lack credibility. You may be right, but you might be bashing/scaring folkes too.
Posted by ya ya on :
Got out Friday @.0002 before the R/S.
Posted by Leardron on :
quote:Originally posted by nickrails: Leardon, I dont know if there is going to be a reverse split but I spoke to Etrade 2 times and to the T.A. - first, Etrade would not reveal a pending reverse split AHEAD of a P.R. - that is illegal. They have stated basically that some kind of company action is pending. Secondly, the TA is gagged and will not give the O/S on this stock. They did not say that there was for sure a reverse split - they told me that I had to fax in a request for share structure, etc. I am very upset at this stock, but your statements lack credibility. You may be right, but you might be bashing/scaring folkes too.
First my friend has Etrade recorded saying that a R/S is pending, though they are denying they said it now, second I heard personally when they called the T/A that he said there was a R/S pending. He wouldn't say it unless you asked about it but he would then confirm it. And here is the final nail. Here is the link to the OTCBB showing the split pending for tomorrow.
Thank Goodness i got out on Friday,I hate being a bag holder.
Posted by JayRa on :
AM I seeing that right..a 1 - 1000 split!?!? *bag holder*
Posted by nickrails on :
Well, a reverse it was, and a sick ugly one at that. this whole executive team should be indicted. this is wrong. perhaps great news will be released concurrently with the split, and a bounce will ensue. technically, a reverse is nothing but a math equation so theoretically there could be an upside.
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