Wow, look at the chart for this one! Below the radar for a few days, and just getting attention today.
Posted by amswap on :
You're right and you can expect some big news tomorrow. I heard this from a company insider.
Posted by commoditie on :
News just came out about 5 min. ago! Very good, but too long to post.
Posted by Hold-em-er-fold-em on :
Business Editors / Entertainment Editors
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--April 19, 2006-- Imperia Entertainment, Inc. (Pink Sheets:IPRE) announced today that it has issued the following letter to shareholders.
Dear Shareholders,
This is my fourth letter to you as president of Imperia. As I stated in my first letter, I use these opportunities to express myself to you and give you full disclosure about the company. I stated in my last shareholder letter that I would:
A) Always inform you about what is going on with the company, to the best of my knowledge.
B) Give it to you straight without trying to sugar-coat things.
That is just the way I do business. Like I have said before, I have a conscience and would never deliberately mislead anyone. I also believe communication is very important. Just to give you some quick background on the company structure, I have been in the entertainment business for several years. I produced and directed "All That I Need" and got it into theatres prior to being hired as president of Imperia. I handle the development and the overseeing of entertainment projects for the company. Kenneth Eade is the former president, and still serves as chairman for the company. Both of our bios are listed on the Imperia website: http://www.allthatineed.net/impaboutus.html. I have owned and operated other businesses prior to getting involved in the entertainment business but Mr. Eade is infinitely more experienced when it comes to fundraising for the company, and he is currently handling those duties. In my last shareholder letter, released April 3rd, I stated the following: "We had to sell a large amount of shares in order to raise extra money for our feature film, 'Say It In Russian.' This is a temporary situation as we are almost done filming. We went over budget in our foreign location shooting, but it has added great production value to the movie. The good news is that we have raised the necessary completion funds." I also stated the current share structure as: "The company has approximately 204,000,000 shares outstanding and 83,000,000 of those shares are restricted." At the time, to my knowledge, this was the absolute truth. As some of you may or may not know, I often take the time to respond directly to shareholders. A few days ago, a shareholder wrote me and asked if the company was selling shares. I responded by saying the following, and the reply was subsequently posted on the Internet: "To my knowledge there are no shares being sold by the company, and I don't know of any plans to sell shares in the near future." At the time, I was not aware that the company's Regulation D offering had not yet been closed, because of the need to pay expenses on our latest film, "Say it in Russian." When I learned that the company has continued to sell shares in its Regulation D offering, I became very concerned by this information as I am close with many shareholders and my reputation is very important to me. When this new information came to light, I immediately shared this information with shareholders who contacted me. Unfortunately this resulted in them calling me a liar, which I am not. The reason why the company has continued to sell shares is that our latest feature film, "Say it in Russian," which Mr. Eade produces, went over budget. The cost of the movie went from the estimate of $1.8 million that we had on April 3rd to $2.7 million, which was disclosed by the production accountant in a cost report yesterday. We believe that this expense was necessary, not only to complete the film, but to maintain a high quality. To put things in perspective, my movie, which was released in theatres, cost less than $100,000 to make. "Say It In Russian" is a much more elaborate and polished movie, shot on 35-millimeter film. It has a recognizable cast and was shot in three different countries including France, Russia and the U.S. It is only worth it to us to have a product that is attractive to film buyers, so it was decided to make the project look as great as possible and to add value to it. At this point, all of the costs for the actual filming and production of the movie have been incurred and must be paid in full. This will take approximately two to three weeks to complete, and then the only recurring costs will be promotional. It is my belief that there are people out there who are out to make a quick buck. There are a lot of ways to do that. The only way to make a living long term is to focus on longevity and to building a reputation. No matter what, it is important for me to maintain my integrity. I have a long-term plan for this company and I want to see it through. "Say It In Russian" was largely overseen by Mr. Eade, as it was his project, and it was put into development prior to me even coming aboard Imperia last year. I will personally be much more involved in the upcoming projects. A finished movie has a value, so now that "Say It In Russian" is added to our library, it is a big plus for us. I am very excited that the day is fast approaching that more money will not need to be raised for it. And I would like to point out that the majority of the budget for the movie was not raised through the Regulation D offering. The offering became necessary as a result of going over budget and the costs having to be paid. The current outstanding common shares of the company now stand at 528,528,467. Investors have asked me about why we would sell the stock with the price so low and why we haven't let it breathe more. The reality of the situation is that the bills need to be paid now. Another reason is that a market developed for the stock at these prices that is much more robust than it was when it was being traded at higher prices. I believe that the market that is being developed will be of benefit to shareholders and the company. I should caution you however, that I never know where the stock price will go. I spend most of my time focused on building value for the company. The market sets the stock price, and dictates the volume. I want to assure you that I will do the best I can to build value in this company. There are projects currently being worked on in addition to "Say It In Russian" that are very exciting for our future. We are also making some aggressive moves getting involved with online and other distribution. And, don't forget that Cannes is just around the corner. Now that "Say It In Russian" is complete we can start selling to distributors. We have already gotten several offers. I intend to use those sales to put more value into the company. I thank you for standing by me, and I greatly apologize for any confusion or frustration you have been experiencing. I will do my best to keep you accurately informed in the future. Thanks again for your patience.
All the best,
James Hergott
President of Imperia Entertainment
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Imperia Entertainment, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES INDUSTRY KEYWORD: ENTERTAINMENT MOTION PICTURES PROFESSIONAL SERVICES FINANCE SOURCE: Imperia Entertainment, Inc.
CONTACT INFORMATION: Imperia Entertainment Inc. James Hergott, 310-275-0089 or Vivian Fullerlove, 214-564-3359 (Public Relations) musbviv*yahoo.com
Posted by homeinalberta on :
I usually Don't trust a guy who tries to hard to tell me how honest he is!
Posted by amswap on :
Well, the news came out earlier than I expected. I believe James is a solid individual and his company will make us money.
Posted by JF Glass Works on :
he has been communicating with the investors pretty regularly, and the movie still has to be finished. This is not an instant money maker at the moment, so I am hanging till after Canne festival. Will buy in more to average down a bit.
Posted by jimmer on :
It would seem to me the question I am sure that was asked and that was not answered is how many stocks are going to be continued to be sold by the company. It looks like they are releasing 100K of shares a day at them moment and if this wil cease in 2 or three weeks then we are talking about another 2 billion shares on the market. what will the price be then? 5X lower? Maybe this is niave but if anyone can explain what the likelihood of this happening I would be grateful..cheers.
Posted by commoditie on :
Nice PR: Faye Dunaway, very cool
SEATTLE, Apr 20, 2006 (BUSINESS WIRE) -- ReelTime Rentals, Inc. (Pink Sheets:RLTR) has just entered into a Worldwide Distribution Agreement with Imperia Entertainment, Inc. (Pink Sheets:IPRE) for their entire library of feature length films and television series to be available on-demand or by subscription at www.reeltimetv.net. Some of Imperia Entertainment's properties include their recently completed feature film, "Say It In Russian," starring Faye Dunaway, an award-winning celebrity interview series entitled "Autograph" and the recently released theatrical film, "All That I Need." This agreement will make it possible for over 95.5 million home broadband users in the U.S. and almost 450 million users worldwide to visit ReelTimeTV.net and access all of Imperia's library. "With the film industry's domestic box office revenue at its lowest level since 2001, we've explored new ways of getting our programming to consumers, who by all reports are increasingly using the Internet to view movies and TV series," said James Hergott, President of Imperia Entertainment, Inc. "Digital media is the future, and it's here today. We looked at all the VOD sites and many different broadband platforms and found ReelTime Rentals was the obvious choice to bring our shows to the widest possible audience, while giving them exactly what they want -- the ability to Point, Click & Watch a movie at home that's DVD quality. Plus, from a provider's standpoint, broadband distribution is the latest emerging area and truly part of the hi-tech revolution. ReelTime brings with it the greatest opportunity of generating brand new revenue streams, at exponential rates of growth never seen before. That's definitely something we want to be part of."
"Imperia Entertainment is fast becoming known as one of the premier independent film and television producers in the industry," commented Beverly Zaslow, ReelTime's VP of Acquisitions and Business Development. "Their award-winning programming continues to win accolades from audiences around the globe, and we're thrilled to be able to make it available to our viewers through our worldwide network."
About ReelTime Rentals, Inc.
Headquartered in Seattle, Wash., ReelTime Rentals' mission is to deliver diverse media content to consumers over its specialized network, enabling them to view the media content that they choose, whenever they would like to see it. The Company's cutting-edge technology, called Intelligent Rapid Delivery System (IRDS), streams full-screen media content directly to consumers, while implementing security measures to combat the threat of piracy. Subscribing customers of ReelTime's service will have access to an extensive library of quality full-screen movies and other programming without the hassles of going to the video store or mailbox, nor the added expense of late fees. For more information on ReelTime Rentals, Inc., you may visit our web site at www.reeltimetv.net. Posted by Persia on :
CEO is still dilluting bigtime, imo. Getting hammered today.
Posted by Hold-em-er-fold-em on :
They are driving this one into the ground!
Posted by IVV on :
Persia...what is meant by dilluting? and why are they driving it into the ground?
Posted by Hold-em-er-fold-em on :
The company is selling off shares to raise capitol for these overpriced, under estimated, poorly planned budget!! I dont care how honest this guy is, He must be the worst CEO in the business today to do this to his stockholders.
No, I dont hold any shares at this time either.
I seen this sinking ship a few weeks ago!
Posted by Bawz2wawz on :
This is a risky , but HUGE play. Top traders are comparing this to CYOS of 2 years ago that ran HUGE.
There are obviously huge CDs between converted into the market, the trick is to pick the end of the conversion. If you do, you will make big bucks.
Posted by MillerTIME on :
.002s fallin
Posted by Bawz2wawz on :
Movin on up, Miller you aboard?
Posted by Bawz2wawz on :
22 x 23 just like that. They can go up just as fast as they crash!
Posted by IVV on :
quote:Originally posted by MillerTIME: This is a risky , but HUGE play. Top traders are comparing this to CYOS of 2 years ago that ran HUGE.
There are obviously huge CDs between converted into the market, the trick is to pick the end of the conversion. If you do, you will make big bucks.
Miller, I'm new..what are CDs and what do you mean by the "end of the conversion?"
I know that with the new movie coming out this stock could go back to the penny/.10 range, but I'm afraid the movie may be a flop. Are they showing it at the French film festival in Cannes?
Posted by xnycen on :
the end of the conversaion means the bottom line of the stock if im not mistaken...
Posted by MillerTIME on :
quote:Originally posted by IVV:
quote:Originally posted by MillerTIME: This is a risky , but HUGE play. Top traders are comparing this to CYOS of 2 years ago that ran HUGE.
There are obviously huge CDs between converted into the market, the trick is to pick the end of the conversion. If you do, you will make big bucks.
Miller, I'm new..what are CDs and what do you mean by the "end of the conversion?"
I know that with the new movie coming out this stock could go back to the penny/.10 range, but I'm afraid the movie may be a flop. Are they showing it at the French film festival in Cannes?
Hey IVV. Congrats on getting into the market, your doin it at a great time. Market is hot, S&P near 5 year highs. many stocks movin.
First off, let me say this. If you are going to be in the otcbb / pink market, promise me that you rarely, if ever get excited about what the actual company is doing. its good to maybe know what the are about (like hot oil stocks, etc) but whenever you think there is gonna be HUGE news and its gonna rocket up, it rarely ever happens.
The key is to go small. Look for 10% gains, maybe 20%. But you will be killed and slaughtered if you look for home runs. Trust me!!! lol, ive been burned and you learn your lesson. Im not sayin that you are like that, just warning you.
My key to you to remember is that you should be a trader in this market. Trade the charts, and a little fundemental, but other than that, get in and get out. Dont get hyped up about this big event, or this big PR coming, because all pumpers of all stocks will tell ya to hold on for another week because big news is coming.
Ride the momo, get in at the bottom, take a good profit, and get out, pat yourself on the back, and look for more money. Make a trade plan for yourself and how much you look to make each day or week. Start small like $50 a day.
90% of traders will fail because they look for homeruns, so i try and harp to newbies that you cannot get caught up in the hype and pshcology of the market. You gotta be better than that. Take your profits when you got them and dont always look big.
(WOW THAT IS LONG. LMAO. Sorry) awww, IPRE, i know they got a movie comin out, but they are also diluting big time to raise capital. If they stop diluting then it will run big. As for the movie though, most penny stock companies are going nowhere so i wouldnt get too excited about huge profits or anything like that. LOL. but hey who knows, i am just a trader and trade the wave.
good luck and sorry for the long post
Posted by MillerTIME on :
quote:Originally posted by IVV:
quote:Originally posted by MillerTIME: This is a risky , but HUGE play. Top traders are comparing this to CYOS of 2 years ago that ran HUGE.
There are obviously huge CDs between converted into the market, the trick is to pick the end of the conversion. If you do, you will make big bucks.
Miller, I'm new..what are CDs and what do you mean by the "end of the conversion?"
I know that with the new movie coming out this stock could go back to the penny/.10 range, but I'm afraid the movie may be a flop. Are they showing it at the French film festival in Cannes?
ohh hey didnt even see this question..
CDs are convertiable debentures, (somethin like that) but its a way for a company to sell shares (dilute) to raise capital. It usually takes the stock down becuase there is more supply than demand.
End of the conversion, i just meant the end of the dilution. Then the supply will drop and then the demand will rise, equally a rise in the price per share (pps)
Posted by MillerTIME on :
quote:Originally posted by Bawz2wawz: Movin on up, Miller you aboard?
nahhh. many traders i trade with were gettin in at around .0015 and .0016, but i decided to hold off. Not really my type of play. If CLYP (the dilutor) gets off the ask then it will run, but until then he is holding it down.
It does look good for a big run if he gets off though, but i think im just gonna cheer from the sidelines. Good luck to you though if you are in. if so whered ya get in?
Posted by IVV on :
Thanks guys...and it has been good so far...I got in on NDOL at .20...I hope I can keep up the 'winning ways'
Miller, I wish I would have had some funds for the AVNT run you called yesterday...very nice work...I may be following you around like a lost puppy for the next few decades
Posted by MillerTIME on :
quote:Originally posted by IVV: Thanks guys...and it has been good so far...I got in on NDOL at .20...I hope I can keep up the 'winning ways'
Miller, I wish I would have had some funds for the AVNT run you called yesterday...very nice work...I may be following you around like a lost puppy for the next few decades
OHH AVNT. LOL. you get lucky sometimes. i got burned today on a call of FPPL so you dont always get them. Friggen company was diluting by the boatload.
Ill be back to my old style with a pick probably by tommorrow. My style is more slow. More accumulate the bottom plays, hold till they apex, and then breakout, and then sell into the run. AVNT was a perfect example. i was watching that one for a week get ready.
Posted by commoditie on :
BEVERLY HILLS, Calif., Apr 20, 2006 (BUSINESS WIRE) -- Imperia Entertainment, Inc. (Pink Sheets:IPRE) announced today that it has signed an agreement with the TKO Major League MMA (mixed martial arts) organization (http://www.tkomma.tv/) to co-produce an independent movie with the working title "Never Submit." The movie was written and will be directed by Imperia president James Hergott.
The deal calls for some footage of the movie to be shot at a July event put on by TKO in Montreal, Canada with an option to film at a September event if more time is needed. Fights for the movie will be filmed in between real fights for the event. Additional filming will continue over the following weeks in Montreal, Quebec and possibly Ontario, Canada.
Imperia Entertainment will also seek out well-known real fighters to appear in the movie as fictional characters.
TKO is the top MMA organization in Canada. It often has fighters go on to fight in the Ultimate Fighting Championship (http://www.ufc.com/), the top MMA organization in the World.
President of TKO, Stephane Patry, also manages several top fighters who have fought both in TKO and the UFC, including fan favorite Georges "Rush" St.-Pierre (http://www.sherdog.com/fightfinder/fightfinder.asp?fighterID=3500), who recently beat MMA's best pound for pound fighter, BJ Penn at the UFC's USA vs. Canada event. This event featured a number of fighters managed by Mr. Patry. It was recently announced that Georges St.-Pierre would get a title shot for the UFC World Welterweight Championship, possibly in September.
The film will also benefit from tax incentives from the provincial and federal government in Canada, as Mr. Hergott is a Canadian citizen. The movie will be filmed exclusively in Canada. Actors and the fighters will be from both Canada and the US.
Some of the actors may also get an opportunity to train with Georges St.-Pierre or other top fighters managed by Mr. Patry, prior to filming in order to bring greater realism to the movie. Additionally, some of TKO's sponsors may participate in the movie, helping to reduce the movie's budget. Since the movie is fictitious, Imperia Entertainment is open to working with other sponsors as well who would like to be showcased in the film.
Mr. Hergott comments, "This is the most exciting project I have ever been involved with. I have been an MMA fan since its North American introduction in 1993. I have competed in Judo, and have closely followed MMA. I frequently visit, and sometimes post on the fan sites. I believe the sport is about to explode into the mainstream, and I intend to be a part of that movement. My intention is to not portray MMA as an underground blood sport, but rather to show the courage, integrity and inspiration of the fighters. I want to do right by the hard-core fans, and also to bring in new fans to the sport. I will do everything to make this movie as realistic and exciting as possible."
TKO president Stephane Patry will serve as an Executive Producer for the project. Mr. Patry comments on the deal: "I am very enthusiastic to work with Mr. Hergott and Imperia Entertainment. This will mean great things for the TKO organization; we bring one of the best production value in the sport of MMA and now the Hollywood world will discover why insiders say TKO is the best-kept secret in MMA."
Additionally, Imperia announced that Cindy Ortiz, who has written for top MMA online magazines, including MMA Weekly (http://www.mmaweekly.com/) and MMA Fighting (http://www.mmafighting.com/) will be a producer for the movie. Ms Ortiz will serve as a liaison between Imperia Entertainment and the MMA world.
Ms. Ortiz has close relationships with several organizations, as well as fighters, and brings a wealth of knowledge about the sport. She has been an advocate for the sport since the mid '90s when Senator McCain spearheaded a campaign to have it banned from North America. Since then both the Nevada and New Jersey athletic commissions have sanctioned the sport.
Ms. Ortiz comments: "I feel that this is a project that will appeal to MMA fans not only in North America, but all over the world. It is a pleasure to be involved."
"Never Submit" is a movie which portrays the thrill of victory and agony of defeat within the sport. The story is set in a tournament setting similar to the movie "Bloodsport" but rather than exploiting the sport as underground no-holds-barred fighting, it seeks to portray the sport in a realistic and positive light.
The movie will be an inspirational tale similar to "Rocky." Unlike "Rocky" the lead character is an educated young man, rather than a beaten-down punch-drunk fighter.
Mr. Hergott comments: "MMA is a very intellectual sport. A physical chess match. I want to portray the sport and its fighters as intelligent rather than dumb brawlers, as is often done in other movies."
MMA is an emerging sport, which has already gained huge acceptance in Asia and looks poised to explode into the mainstream in North America. Indeed, several landmarks have recently occurred within the sport of MMA. For example, Marc Ratner, who served with the Nevada State Athletic Commission since 1984, and as its Executive Director for the last 13 years, recently left his job to join the UFC. In his new position he will seek to attain sanctioning of the sport in additional states.
Also, the UFC held its first event in California at the Arrowhead Pond of Anaheim on April 15th. The event quickly sold out all 18,000 seats in two days and was the fastest sell-out event in UFC history and brought in a $9 million US gate. A similar event is scheduled for May 27th at the Staples Center in Los Angeles, CA.
The sport is also gaining exposure on television. The IFL recently signed a distribution deal with Fox Sports Net for their first event in April, and the UFC just extended its content deal with Spike TV. The UFC's MMA-based reality show "The Ultimate Fighter" is the top rated-series for Spike TV, formerly called "the network for guys." Season #1 (13 weeks) of "The Ultimate Fighter" averaged a 1.7 HH rating (1.5 million) with a 2.0 (1,015,000) in M18-49, a 2.4 (604,000) in M18-34, and an average audience of 2.1 million viewers.
The 3rd "Ultimate Fighter" season premiered April 6th, 2006 as the most-watched original series premiere in Spike TV History. It drew record ratings for the network and out-delivered anything else in television in its timeslot in the hard-to-reach demographic of Men 18-34. The 90-minute premiere also out-delivered major competition on cable including the NBA on TNT (Pistons vs. Heat and Lakers vs. Nuggets) and USA Networks' coverage of The Masters.
Among the notable ratings achievements for the premiere of Spike TV's "The Ultimate Fighter 3" include:
-- 1 among Men 18-34 (3.71, 971,000) in its timeslot, out-delivering everything on broadcast, cable, or pay cable.
-- 1 in HH rating (1.95), average audience (2.4 million), Men 25-34 (5.03, 758,000), Men 18-49 (2.70, 1,411,000), Persons 18-49 (1.67, 1,794,000) (Ad-supported cable only).
-- Highest household ratings for an original series premiere in Spike TV history (1.95).
-- Defeated TNT's NBA doubleheader featuring the leagues marquee teams including Pistons vs. Heat/Lakers vs. Nuggets in household rating (1.95 to 1.68), average audience (2.4 million to 1.8 million), and Men 18-34 (3.61 to 1.41).
-- Defeated USA Networks' coverage of golf's biggest tournament, The Masters, in average audience (2.4 to 2.2 million), Men 18-34 (3.61 to 0.72), and Men 18-49 (2.70 to 1.01).
-- Highest delivery of Men 18-34 in network history for an original series versus last year in the timeslot (MXC), up +236% in households, +429% in Men 18-49, +395% in Men 18-34, and +262% in average audience.
-- Earlier in the evening, Spike TV simulcasted the first-ever LIVE network sporting show (Ultimate Fight Night Live) to a mobile device, Amp'd Mobile.
On the popular search engine yahoo.com, MMA fighters and events routinely are at the top of the list of most-often-searched sports, often beating out huge mainstream sports such as football and basketball. This is further proof that MMA is a huge underground hit with young adult males. Earlier this week it was even more searched on yahoo.com than popular reality TV show "American Idol."
With several debuts occurring in the great state of California over the next few months, all signs point to this being just the beginning.
Mr. Hergott comments: "This project just makes financial sense for Imperia. I believe that MMA is poised to take off in North America, and is already huge around the world. There is a huge niche market out there for it and this is just the beginning. I feel that we are ahead of the curve with this movie and appealing to the young male demographic that advertisers and sponsors are eager to attract. When you factor in the financial incentives from the Canadian government, and the fact that we are able to save on costs by filming at a live event, the deal makes absolute sense financially and otherwise. A majority of theatergoers are kids, teenagers and young adults. We are aimed right at the market that we need to be going after. I am 29 years old and this is a movie that I would go out to see even if I wasn't involved. Traditional Hollywood is often slow to react to trends and is out of touch with the mainstream. This is the right movie at the right time for us. This is a direction I want to take the company."
Posted by jimmer on :
Oh my God, I hope he budgeted this movie with a calculator and an accountant rather than tealeaves and and dice like his last one. Looking forward to further inarticulate ramblings claiming igonorance by the CEO on the knowledge of his own company's dilution.
If he was honest as he claims (regularly) he would of said in March, "strap on your seatbeats we are going on a hell of a ride we are about to dump 1 billion shares on the free market and take down the stock 95%. I dont think they are finsihed yet.
prodcing inarticualate BS about being CEO oblivious to his own company being diluted
Posted by jimmer on :
at least he can probably spell
Posted by crappybob on :
I got out at a loss today. I don't think they are done dumping. Just look at todays volume 205 million plus!!! Live and learn I guess.
Good luck if anyone is still holding on, they will start making money from the movies soon and I supose this stock will be a pretty good play when they quit dumping all over shareholders.
Posted by bikerider on :
no more dillution today apparently, might run just like last thursday
Posted by Hold-em-er-fold-em on :
While clyp is sitting on the Ask it will not run IMO.
Posted by IVV on :
What the heck is going on with this stock...it keeps dropping and dropping...will it ever bounce up?
Posted by jimmer on :
All, I sent our favorite honest, trusting, and transparent CEO an e-mail, and true to form, he responded very quickly. Please see thread below. It has all the saga of a classic pantomine (it is an acting compnay after all..)
-The pink sheet IPRE-Are they trustworthy?-
by BS Predictions.
company: "Our PR shows we are good and as honest as school girls in the playground" shareholder: "oh no your not" company: "oh yes we are" [crowd]"booo..hissss" CEO: "here comes Ken the Baddie" KTB: "its not me, its the share holders dumping, they have no faith, muuuah ah ahhhh."
E-mail thread from this afternoon is below:
James,
As explained in my shareholder letter, I handle putting the deals together. Ken is an attorney who specializes in Stocks who handles those duties.
I put out a press release a month ago explaining that shares had been put into the marketplace because the movie went over budget. I then put out another press release last week explaining that it had continued and I gave a time frame.
I asked ken about the selling today, and he explained that shares were not dumped into the market today. In fact the amount of shares has not increased since my last shareholder letter. Here is one of his direct emails to me today:
---------- Forwarded message ---------- From: ken eade <keneade93101*yahoo.com> Date: Apr 24, 2006 12:22 PM Subject: Re: Fwd: Stockholder concerns...once again Mr. Hergott To: James Hergott <imperiaentertainment**********>
We are not dumping shares. We have gone to a payment schedule on the remaining bills and the cash flow needs are diminished. I think investors are dumping when they see news. I guess no news is good news really fits this situation.
Posted by 7 of 9 on :
god, what a chart u guys invest in
bagholders
Posted by welk on :
Bought this one for a bounce today. Maybe 002 tomorrow.
Posted by xnycen on :
bottomed!!
Posted by edgewise on :
i'm keepin an eye on this.. may fall down to .0050, at which point i'll see if it'll fall further. this one could go huge once it decides to run, though.
Posted by coalkickin on :
already below that??
Posted by welk on :
The bottom, if only temporary, is in. I expect this will open up tomorrow at .0015 or so and run to 002 or thereabouts. Should be fun. Good night. Edge, good to see you here. Take good care.
Posted by edgewise on :
sorry.. i was thinkin of the wrong stock.. MPWEE, i'd check out at .0050..
IPRE, i'll be looking to .001 for support for the bounce.
Posted by will on :
I don't think MPWEE will see .005. I could be wrong. I liked it at .018 on 3/23, and watched it fall to .01 before turning around and going to .032.
Posted by edgewise on :
there was good news out today. but it still fell. i think i could believe CYBR is holding it down still.
this thing has no reason to be this low, IMO. but that doesn't keep it from fallin' a little more. but i definately don't wanna miss out on the ride when this thing does take off. it'll be HUGE. i mean, just last Monday, it was up around .0040s.
this is almost too good to pass up right now.
Posted by welk on :
edge, IPRE will not dip to 001 before it tests the very high 001s (0018, 0019) or 002s first. The CCI, RSI, sto, and BBs point to a nice bounce. I think you'll be lucky if you can get in under .0015 in the morning. JMHO. Good night.
Posted by MillerTIME on :
WOW, this is one crazy stock. Lots of big gamblers and pro traders goin big on this one calling for a big run. I personally am not in yet, but am watching very very close. Good luck to all you who are in and hold on for a roller coaster ride.
Posted by crappybob on :
The company is riding this stock into the ground. If they ever stop selling off shares the pps might go back up.
Posted by welk on :
0013 x 0013. Should bounce. Green at the open Posted by welk on :
Looks like some nice consistent buying at 0013 now. Still 0013 x 0013 and expect to see an ut soon imo. It's bounce time Posted by superman7 on :
thi one is about to breakout!!
count me in at .0015
mms running over to .002 and even higher
Posted by edgewise on :
good call welk.. back up to .0015 now. and still pushing higher.
Posted by welk on :
Hope you make out well here, edge. Always take some profits off the table. 0015 now. Nice!
Posted by edgewise on :
yea.. i didn't get in.. i was waiting for a further pullback. a word of caution.. it could still pull back again, if you look at past intraday charts, they sometimes go up a little before having bigger fallouts. just so ya know.
i'm looking forward to getting in this thing soon though. i'm just not sure what price i'm looking to get in at yet.
Posted by Impat on :
Still looking at but up and sharp deep down without reasons make me scare. Who know if the board stopped the selling shares to finance the distribution?
Posted by FEARNOT on :
Impat, this was posted yesterday. Hope it helps answer your questions. GLTA and do your DD.
posted April 24, 2006 06:01 PM -------------------------------------------------------------------------------- All, I sent our favorite honest, trusting, and transparent CEO an e-mail, and true to form, he responded very quickly. Please see thread below. It has all the saga of a classic pantomine (it is an acting compnay after all..)
-The pink sheet IPRE-Are they trustworthy?-
by BS Predictions.
company: "Our PR shows we are good and as honest as school girls in the playground" shareholder: "oh no your not" company: "oh yes we are" [crowd]"booo..hissss" CEO: "here comes Ken the Baddie" KTB: "its not me, its the share holders dumping, they have no faith, muuuah ah ahhhh."
E-mail thread from this afternoon is below:
James,
As explained in my shareholder letter, I handle putting the deals together. Ken is an attorney who specializes in Stocks who handles those duties.
I put out a press release a month ago explaining that shares had been put into the marketplace because the movie went over budget. I then put out another press release last week explaining that it had continued and I gave a time frame.
I asked ken about the selling today, and he explained that shares were not dumped into the market today. In fact the amount of shares has not increased since my last shareholder letter. Here is one of his direct emails to me today:
---------- Forwarded message ---------- From: ken eade <keneade93101*yahoo.com> Date: Apr 24, 2006 12:22 PM Subject: Re: Fwd: Stockholder concerns...once again Mr. Hergott To: James Hergott <imperiaentertainment**********>
We are not dumping shares. We have gone to a payment schedule on the remaining bills and the cash flow needs are diminished. I think investors are dumping when they see news. I guess no news is good news really fits this situation.
Posted by Impat on :
Fearnot, thank you for having given me that info. Unless IPRE is going to ride, I'll not be with you in. Let's wait & see.
Posted by superman7 on :
trading in pre-market today and u/ting today could be a start of trend reversal this has gone down alot over last few days and might finally heading back up
radar!
Posted by RCAnalyst2007 on :
superman7,
I need your comments on PGPU
Posted by edgewise on :
i can't help but feel a strong desire to get in on this stock.
i'm loving that the volume's finally settling. dilution could finally be over. and then with a nice pr, this thing could be right back up where it left off.
i'm gonna put some funds in this one. i can't help it. it's too tempting.
Posted by amswap on :
I think it's a smart move edgewise. When the news comes out with their latest project and the raves at Cannes Film Festival next month, this stock may skyrocket. They have other projects going on this year and this all shows me they plan on making money. When they make money, we should make some as well.
Posted by edgewise on :
Damn.... I really gotta learn to take my own advice sometimes! Up over 15% today. lol
Posted by FEARNOT on :
Good volume this am. Moved up to .0015.
GLTA - do your DD
Posted by commoditie on :
very nice today.
I have had this one for about a week. this one should trail up. we are getting close to the Canne festival.
Posted by commoditie on :
Does anyone have the bid/ask on this one? I don't get it on pinks. Thanks in advance
Posted by FEARNOT on :
Latest Bid/Ask is .0014/.0015.
GLTA-do your DD Posted by amswap on :
I think I will get in this if it moves down a bit more. I want to average down. I'm in too high on this one. It will go back up soon, IMO.
Posted by kt325ci on :
there is some serious volume today. Looks like it could bounce from this level.
Posted by The Doc on :
Jumped in ...lots of talk on other boards about the bounce coming.!!
Posted by lukin4winners on :
Just jumped in here thinking that .0012 is the bottom. Like those who have followed this one they seem to be focusing on releasing new movies at festivals and getting their story out. Hopefully bottom buster investors will climb on board.
Posted by amswap on :
they will lukin, be patient with this one. I don't usually like to hold, but this one will bounce big time soon. IMO
Posted by rob_seller on :
Looking really good.......... I am in at 0.0012 and 0.0013....... Lets go now
Posted by greenman on :
I got in at 13 the other day. Ready to rock now.
Posted by bikerider on :
yeah, this is what i thought when i bought into this at 0.0141, since then i added one more zero in front, soon to add a second extra one. hard to say when this one will stop sinking, lots of dillution
Posted by OO7 on :
thinkin to put in some money at .0009 , any thoughts from who r already in this one thanx
Posted by edgewise on :
quote:Originally posted by bikerider: yeah, this is what i thought when i bought into this at 0.0141, since then i added one more zero in front, soon to add a second extra one. hard to say when this one will stop sinking, lots of dillution
the CEO's said again recently that the dilution is ended. however, last time he said that, he later learned that it wasn't over and that the O/S had doubled from what he had said.
regardless, in my personal opinion, i think this is a really good play. the O/S has increased about 600% since November. But the price has descended a hell of a lot more than 6 times its value from that time. i wouldn't hold this thing long or anything, but i'd be willing to say it could see .0020 with a good push, and even more if it was particularly chosen to be ran by the MMs.
one to keep an eye out for, that's for sure.
good luck, all.
Posted by Hold-em-er-fold-em on :
Keep an eye on clyp! He is the dilluter, so when he is off the ask it can run. I would stay away untill you see him move off.
This CEO is a real joke to let this continue!
Posted by edgewise on :
i'm in at .0009 i liked this thing when it was at .0013. i'm really loving the pull-down today. another new 52-week low, ain't it great? oh, i mean great for new people buying in, not for ones that have been holding for the past few weeks. for those people, this sucks, a lot. but i really have increased faith in this.
just my opinion. i think this thing will go BOOM. in due time.
Posted by Fuzzy1018 on :
i juss jumped into this at .0008, hopefully it'll b a good buy ...?
Posted by jump'em&pump'em on :
Just got 2 million * .0008! Lets look for that BOOM!!! That Edge described!
Posted by edgewise on :
it looks like the MMs like to toy with it here.. kinda tease that .0008 level. hopefully that's a good sign that they'll play a good game with it Monday, bringing it up like they did the other morning when it made the early run to .0014 or .0015.
we'll see.
Posted by jakeo on :
got 1.25 mil pretty easy at 8
Posted by Fuzzy1018 on :
I bought into it today, but really have no idea what it's going to do so far i'm red.
Posted by bikerider on :
April 19, 2006 - 11:21 AM EDT Imperia Entertainment Issues Shareholder Letter
Dear Shareholders,
bla bla bla,
and now the part you shoud read:
" At this point, all of the costs for the actual filming and production of the movie have been incurred and must be paid in full. This will take approximately two to three weeks to complete, and then the only recurring costs will be promotional. "
Posted by lukin4winners on :
This may be old news, but I emailed the company and received these replies to my inquiry about when "Say it in Russian" will be released:
"It will probably take Another month or so to finish editing. We will be negotiating with film buyers at Cannes, and won't know any release information till deals are signed. We have three upcoming movies that we will be shooting as well.
All the best,
James
We are shooting for a release in December, but of course you know release dates are never written in stone." "James Hergott"
Posted by IVV on :
Caveat...I'm not in this stock, but am watching for a good entry point but,
What the hell is going on with this stock? I thought the dilution had ended but it is down to .0006 today...they are going to dilute it into oblivion
Posted by jakeo on :
I thought dilution was suppost to be over
Posted by Fuzzy1018 on :
i'm down almost 50% on this, it has been droppin' everyday. it shud rebound soon
Posted by amswap on :
According to J Hergott, the dilution was only temporary to raise capitol for the film that went over budget. Since they are now in post production and plan on marketing this thing at Cannes, I was hoping it would be up. I believe that it will start getting a lot of attention as soon as Cannes starts and they are able to get some distribution action on it. All we can do is wait and see. I honestly think this is the best time to get in. I got another load today at .0005 and averaged down nicely. I can wait a couple of weeks for something to happen.
Posted by jakeo on :
yeah hit the 52 week low, but if they are diluting... it'll keep going under til they stop
Posted by greenman on :
quote:Originally posted by Fuzzy1018: i'm down almost 50% on this, it has been droppin' everyday. it shud rebound soon
Lucky you, I bought in at .0013 last week.
Posted by amswap on :
I originally bought in at .05. I've since averaged down to .01 counting the fees and I still think we have a good one here. The only thing I don't like is that we may have to hang on to it for a month or so.
Posted by JerZeyDeViL on :
Just saw this one today and think it has alot of potential. RSI looks nice, volume is steady and it just hit it's 52 week low. Even if it hangs around this level for a week or two if dilusion is occuring, it should easily rebound looking at the charts and seeing it's potential. You could easily double or triple your money IMO. Any thoughts? Anyone not see this one rebounding? If so, just curious as to why?
I'm gonna try and get in at these levels tommorrow. GLA
Posted by DENSKIJR on :
well I averaged down for the last time bought 4 million more now average of .0025 ahhhh Im going to be increadably smart or insanely stupid lets go for smart shall we =-) GLTA
Dennis
Posted by stockinthemud on :
I've averaged down several times too. I think it's starting back up though.
Posted by Persia on :
News is out.
Posted by Persia on :
Imperia Entertainment Acquires Subsidiary Wednesday May 3, 10:01 am ET Creates Family Film Division
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--May 3, 2006--Imperia Entertainment, Inc. (Pink Sheets:IPRE - News) announced today that it has acquired the majority interest in Muller Media, Inc. (Pink Sheets:MLMD - News), a film distribution company, and has recapitalized Muller with Whiskers, LLC, Imperia's subsidiary that owns "Whiskers," the family feature film in pre-production. Imperia will continue to hold its equity interest in "Whiskers" through its ownership of securities in Muller. According to a study made by the Dove Foundation of films made in the years 1989 through 2003, family films are 11 times more profitable than their R-rated counterparts. "The 'G' rating, which used to be considered a death knell for a film, now stands for Gold," said Kenneth Eade, company Chairman. "We are excited that Imperia can take advantage of this enormous market, which targets the entire family as movie-goers, as opposed to the current 50% of the market, which is composed of 12-29 year olds who frequent 'PG' rated films," he added. "Whiskers" is produced by Jordan Klein ("Flipper," "Jaws," "Cocoon") and follows the adventures of an intelligent sea lion and the family he befriends.
Posted by Persia on :
I don't like/trust the CEO.
Posted by jump'em&pump'em on :
quote:Originally posted by Persia: I don't like/trust the CEO.
Why not? Just wondering....
Thanks in advance.
Posted by Persia on :
He keeps coming with his shareholders PR's telling he doens't know why the pps is so low and at the same time he's dilluting big time...
Posted by amswap on :
He diluted shares during the completion of the latest film. They have stopped diluting. He explained that they went over budget and the dilution was necessary to raise the money to complete the film. He hasn't put out prs stating this. He was answering an email from a shareholder. He answers all his emails personally. You have to have some respect for that. I have a company that plans to do business with him in some upcoming projects, or at least hopes to do business with him. James is an honest person and is taking this company into a positive direction. He doesn't have control over what people are willing to buy and sell their shares. They did, and the key word is did, add shares for the reason explained above. This stock will rise and we will all make some money on it as long as we are patient. If stated earlier that I don't necessarily like to hold onto stocks for very long, but this is an exception to my rule. The only ones that will lose are those who get nervous and sell. All in my opinion of course. Do your own DD. GLTA
Posted by jump'em&pump'em on :
Thanks for the info Persia and AM.
Posted by gfm50 on :
quote:Originally posted by amswap: You're right and you can expect some big news tomorrow. I heard this from a company insider.
Insider trading you are going to jail =P.
Posted by BullzeBob on :
quote:Originally posted by Persia: He keeps coming with his shareholders PR's telling he doens't know why the pps is so low and at the same time he's dilluting big time...
LOL...does seem suspicious, doesn't it? At least it's rebounding somewhat today on that great news...We'll see if it can break over/hold the .001 mark. Has a long way to reverse when it decides to do so.
Posted by amswap on :
quote:Originally posted by gfm50:
quote:Originally posted by amswap: You're right and you can expect some big news tomorrow. I heard this from a company insider.
Insider trading you are going to jail =P.
Nope, didn't get any details, just that there would be a PR out. And I was wrong about the date anyway. It came out that day. I don't know any more about this company than anyone else. The only thing I do know is that I 'might' do business with them in the future and that is more of a speculative hope than anything else. He's interested in a service I have or will have and it might be something that can help them in the future with upcoming projects.
They aren't going anywhere. They will continue to make movies. Whether they will be profitable and add to the value of this stock is anybody's guess.
Posted by Impat on :
Seems the dilution is over and that we touched the bottom. I'm going to enter in urgently. Hope this will pop when Cannes will start in some days...Newt week we should get more info on that. GLTA
Posted by amswap on :
The 59th Festival will take place between May 17-28, 2006. The Award Ceremony will be held on Sunday May 28th.
Posted by xnycen on :
it's bottom now..sell off is over by the company since then the festival is coming, possible movie contract sign then this stock would move to the moon !!
Posted by JF Glass Works on :
I have looked through the Cannes Film Festival site and have seen no mention of Say it in Russian. Will they be showing this at the festival or are they just taking it in hopes of showing it to certain people?
Hope this CAN make a bounce.
Posted by Highway on :
I think I remember hearing that the completion date of the movie was going to be after the entry date the Cannes Film Festival.
I think they should do a movie about a company whose stock price goes from about a penny, to about .0001 in about a month. Maybe a comedy/drama.LOL
Posted by JF Glass Works on :
and then they would go over budget on that movie as well...
Posted by xnycen on :
expecting a good pr this week and it would defintely bring the stock up by few beggers at least...ipre has been on alert for quite long...and since the sell off is now over because of the bills are paid off by the company i think we could see some green this week...i mean big ones..!!
Posted by yahabiby on :
![[Smile]](smile.gif)