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![]() * * * GamezNFlix 2004 * * * (Page 11)
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| Author | Topic: * * * GamezNFlix 2004 * * * |
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ignorantbliss Member |
Just wanted to let everyone know where we stand in the online game rental market. Right now Gamefly is out biggest competitor. However, I called their customer support today and they only have one distribution center. It's in Santa Monica, CA and they said it takes about 5 days to ship to the East Coast. Now think about the fact that we're opening a distribution center in KY right now with more to come. There's really gonna be no competition! I talked to JF about this and he said, to his knowledge, there are no other online game rental companies with more than one distro center. This is a huge leg up. In a matter of weeks or even days we will have double the # of distro centers that our competitors have and will be able to further our already #1 rated customer service. That's right. VeeGeez is rated #1 in customer service in this market. [This message has been edited by ignorantbliss (edited January 09, 2004).] IP: Logged |
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ignorantbliss Member |
Here's Gamefly's customer service # is you want to verify... 1-888-986-6400 IP: Logged |
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cabbage22 Member |
Yesterday VeeGeez site ranking was 158,457 Today VeeGeez site ranking is 156,817 Thats an increase of around 1,600! I'm not promoting the "Alexa Toolbar" or anything, but is really a great free download. It blocks pop-ups for you, has a built in google search bar, tells you the ranking of every site you visit, and gives you links to competitor's sites- or similar sites, and its only about a 1/4" wide! http://www.alexa.com oh and allstocks is jumping in the rankings too, now 37,986 up from 40,something a few days ago IP: Logged |
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phantom1107 Member |
JEB - You have email. IgnBliss - I like that post. Yesireee! IP: Logged |
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j160e Member |
Awesome post ignorantbliss! Great DD!
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ignorantbliss Member |
Thanks guys, just trying to contribute. IP: Logged |
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Magoo Member |
Just thought I would check in and say that i am holding strong and long Will be busy at work for the next couple of tradeing days and not too much time to spend on the computer. Good to see that we are tradeing sideways and gaining a little before the breakout. Magoo IP: Logged |
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phantom1107 Member |
If by chance anyone wants a copy of the research I did on the DVD and Game Rental market, just ask. I placed all the articles in one file. Time go find a "little" Ole Grand Dad & 7. Cheers! IP: Logged |
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ignorantbliss Member |
Does anyone know if Netflix is planning on renting games at any point? That would be some major competition considering their money and # of distro centers. Anyone know? I'm going to look into it. IP: Logged |
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wvmayor Member |
I am eager for them to launch their new site and an affiliate program so I can link to them and earn commissions. My sites are ranked 21,000 and 24,000 on Alexa and I'm certain I can drive new traffic to GamezNFlix.com. WVMayor IP: Logged |
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phantom1107 Member |
IgnBliss - CEO of Netflix stated in several interviews, that he's focused on aquiring another 3,500 subscribers...just doing the movie rentals. No indication whatsoever of an interest in games. Cheers! IP: Logged |
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ignorantbliss Member |
That's good news, thanks. Could you send me the research you have? email me at ******
quote: [This message has been edited by ignorantbliss (edited January 10, 2004).] IP: Logged |
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ignorantbliss Member |
Hopefully we can corner the online game rental market then blindside Netflix when we start renting DVDs. Then I believe we would have a huge advantage over Netflix and anyone else in the online market. IP: Logged |
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phantom1107 Member |
IgnBliss - I'll email you when I get back home, in about 45 minutes from now. IP: Logged |
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j160e Member |
With some talk of Netflix, maybe some who haven't seen these facts before might find them interesting. I posted this info last month on the previous thread. To get an idea of how Netlix operates and grew and to compare as things proceed here, I compiled some items from their latest 10-K and 10-Q reports. Just something to look at as a reference point as things proceed. Netflix was incorporated on August 29, 1997 and began operations on April 14, 1998. They use a proprietary software system which recommends selections by creating a custom interface for each individual subscriber. They believe they are superior to their competition by providing a more comprehensive selection which includes more than 15,000 titles on more than 5.1 million DVD’s. By the end of 2003, they expect to reach 70% of their subscribers (or 60% of the U.S population) with one day delivery. Online advertising is considered to be their largest paid source of new subscribers. Third parties that place online ads and generate online subscription referrals are generally paid a cash bounty for each subscription referred. Netflix has agreements with DVD player manufacturers requiring them to place advertising inserts inside boxes and they also have a relationship with Best Buy for promotional efforts. They have revenue sharing agreements with more than 50 studios and distributors to obtain titles for lower initial costs in exchange for sharing of subscription revenues for a defined period of time, generally 1 year. This allows for the acquisition of more copies of each title. There are 23 distribution centers with an average set-up cost of approximately $60,000 for each. Average size of a dc is 5,000 sq. ft. (I've seen the Boston dc) The executive offices are in a 25,000 sq. ft. leased building and there is another 50,000 sq. ft. leased building for customer service, IT and distribution. Customer Service is available 7 days/wk. As of 12/31/02, there were 381 full time employees. As of 09/30/03 Netflix has 80,000,000 authorized and 24,227,548 issued and outstanding shares of common stock. Revenues and # of Subscribers for year end were: 1998 - $1,339,000 / NA 1999 - $5,006,000 / 107,000 2000 - $35,894,000 / 252,000 2001 - $75,912,000 / 456,000 2002 - $152,806,000 / 857,000 2003* - $191,058,000 / 1,291,000 as of *Sept. 30
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ignorantbliss Member |
Awesome info j160e. I saw this a while back but it's good to bring it to the top and refresh our memories and educate others. Thanks. [QUOTE]Originally posted by j160e: IP: Logged |
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ignorantbliss Member |
Thanks. Looking forward to reading it.
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VeeHappy Member |
quote: POWER MARKET TRADER by E*TRADE is the BEST!!! 9.95 comm/trade (OTC-BB)...regardless of how many shares.EX.Buy 1million shares of PGHI w/ 9.95 comm. Cheers to 2000 pennies. IP: Logged |
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phantom1107 Member |
J160E - That's for that info. Grade = A+ IP: Logged |
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phantom1107 Member |
J160E - I meant "thanks" for that info. IgnBliss - You got mail. IP: Logged |
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PSU90 Member |
Had to log off before the close today....quite a finish! The bulls took back control today. A great looking hammer candle formation. When a hammer forms after a downtrend, it can be a powerful reversal signal. Look for the bulls to be in charge Monday for confirmation of the trend change. http://stockcharts.com/def/servlet/SC.web?c=PGHI,uu[m,a]daclyyay[da][pd20,2!c4,9][vc60][iLh66,5,3!La12,26,9]&pref=G For all those who held on....good job. Some of the "old timers" in PGHI know that I learned this the hard way back when this ran from subpenny to .039 the first time. I logged on one morning to find the MM's had taken it down to .018 and panicked. Even though I had done my DD and believed the company was on to something....emotion took over. I sold my entire position (for a gain at the time.....but all I could see was all the profit slipping away). Not long after I sold, it started back up. I was forced to buy back in at higher prices. I still do not have the same size position I had way back in October (but today's dip helped me squeek a little closer)! I wish my average pps was between .006 and .008 like it was then! With today's buy, my average is closer to .03. Its never easy to watch the retracements, but once you've been through a few, you will realize that its the normal course of action. PGHI has a lot going for it. Be careful not to miss the ride! PSU IP: Logged |
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cabbage22 Member |
Good to see that you picked some more PSU, I bought more yesterday during the big drop, but I'm holding out for next week for my last entry- just hope I can buy before we hit the .05's, the buying at the close today was very bullish! IP: Logged |
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cabbage22 Member |
http://www.tradetrek.com/NN/default.asp?symbol=PGHI IP: Logged |
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fozzy Member |
Hey guys, I've been thinking about the subject of a reverse split for some time now and could use a little discussion to help me get a clearer vision for the future (6-18 months down the road). At what price level do you think JF would initiate a reverse split? .50? .30? And at what ratio? 1:5? 1:4? I think these are important questions we all need to think about (those who are REAL LONG anyway). I was planning on selling a small portion of PGHI in the "near" future (April-May, depending on price), but keeping the bulk of it until 2005-06. I don't think it will get much higher than .30 by spring, so that is probably where I will sell the short term shares. However, I will keep several hundred K for more than 1 year. I'm pretty sure JF wants to be listed on NASD fairly soon, so all the big players can see PGHI (or GMFX, whatever it is then). What is the most likely course of action PGHI will take? If they are ever going to repeat the success of NFLX, they need to reduce the O/S by a LOT. Just looking for some input on when everyone thinks a reverse split would occur and at what ratio. Thanks guys, Fozzy IP: Logged |
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stockguy04 Member |
fozzy for pghi to ever reach the success of netflix.. in terms of shares outstanding and marketcap... they would have to put around a 11:1 split... i think nflx has 80mil shares and pghi has about 900mil... those r pretty rough guesses although i think they r accurate... it took netflix 5 years to acheive the sucess it did so patience is a key here
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fozzy Member |
Actually, PGHI only HAS about 440 Million shares outstanding. They are AUTHORIZED to issue 900 Mil, but will not. I think a 1:4 reverse would be ok to get on NASD (to get PGHI around 110 Mil), then possibly a 1:2 to really get the O/S reduced (55 Mil). Fozzy IP: Logged |
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stockguy04 Member |
ohh nice... are u sure about those numbers... i hope u r IP: Logged |
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fozzy Member |
I know it's in the mid 400's. Someone posted the exact number a few days back, but I can't seem to find it on this thread. There are so many dang posts about PGHI, it's impossible to keep up ![]() IP: Logged |
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cabbage22 Member |
Guys, the O/S don't really matter that much. Take satelite radio for example, you have SIRI at 3.50 and XMSR at 28.00, but they have similar market caps. All they need is a share price over $1.00 to stay listed on naz IP: Logged |
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stockguy04 Member |
this is a noob question... how hard is it 2 get on the nasdaq and what extra requirements does a comapny like pghi need. is john focusing on getting on the nasdaq once he gets more mainstream? IP: Logged |
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fozzy Member |
lol, I think it matters a little bit XMSR only has 110 mil o/s, so I can see a price of $27 and a market cap of 4 billion. Dunno how the hell SIRI is getting away with it, almost 1 billion o/s w/ 3.4 billion in market cap. Hey, if PGHI goes to 3.4 billion in market cap with 440 million shares, so be it!! I'm sure we'd all be happy with a pps of 7.70! ![]()
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cabbage22 Member |
Fozzy you dont understand, they can have 1 million OS or 200 OS, it doesnt really matter, they just need to set the price above $1, and adjust the OS for the price they choose. Their market cap will stay the same- SIRI XMSR is a perfect example of this
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fozzy Member |
I know they only need to get to $1 to get listed on NASD, that I agree with. But where I think we are missing viewpoints is in the price per share once it does go on NASD. For example, NFLX has about 25M OS, with a pps of $62 to equal a cap of 1.5B. There is no way PGHI can hope to reach much past $20 with its current OS level. I mean, let's be realistic. 440M OS * $60 pps (what nflx is at, and we HOPE pghi someday) = 26.4B market cap. C'mon....no way! PGHI would need a helluva lot of revenue to justify that! Even NFLX only brings in 230M w/ their cap of 1.5B. So simple math tells us PGHI should bring in 40B in revenue. Ain't gonna happen. I guess there is no "set" number on how high the market cap can be, but there is a psychological one. No one is gonna pay upwards of $20 for PGHI with that many OS, IMO. They are going to HAVE to reduce shares at some point, whether PGHI buys them back or does a reverse split. Unless I am just delusional here? Don't get me wrong, I would love to not have a reverse split, but it seems imminent. But you are wracking my brain, cabbage...and all on a Saturday! lol Fozzy
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m_h13021 Member |
01.09.2004 _____________ Authorized: 900,000,000 Issued: 468,049,949 Float: 226,284,982 12.15.2003 _____________ Authorized: 900,000,000 Issued: 440,799,949 Float: 197,361,116 Difference _____________ Authorized: Zero Issued: +27,250,000 Float: +28,923,866 ________________________ Per Interwest Transfer Company 01/09/2003 (801)277-1400 IP: Logged |
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tommy Member |
A reverse split might or might now happen in the future but IMHO I think that at this time, even talking about it is wasting our time. The number of shares is only significant when it is spoken about relatively to: 1) Shareholder's interest and confidence All of that said, at this time we need to concentrate on running the business rather than to obsess about the number of shares or a R/S. I believe that GamezNFlix' management have the R/S question in their business plan and will address it in time. For now they need to build the backbone so that the structure is solid enough to sustain the company if/when we do get to a major index. Questions and comments are welcome. GLTA! Tommy IP: Logged |
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m_h13021 Member |
http://www.ragingbull.lycos.com/mboard/boards.cgi?board=PGHI&read=24164 IP: Logged |
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tommy Member |
That moron on RB posted the CEO's email! I knew that was gonna happen, people always say "oh I promise I won't post it" but there's always one guy who wants to be "cool"!
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slotplayer Member |
tommy, i think he got the email from john. he had posted on RB some time ago that he owned 100k of PGHI shares. no need to feel guilty
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slotplayer Member |
Tommy...don't feel bad. That guy posted some time ago that he owned 100k on RB. Probably got the email from JF like most of us
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tommy Member |
I don't feel bad at all, I just can't believe how dumb some people are that's all! GLTA!
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coumars Member |
Tommy , do you beleive things will improve more monday morning.
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tommy Member |
What will improve? The PPS?
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Gonnaplode Member |
I just hope the fact that someone posted John's e-mail on a public forum such as RB that it doesn't get in the way of John from sharing information with the shareholders in the future. My guess is that John probably considered this event as a possibility and chose his words accordingly in his Newsletter/E-mail. Best to all! IP: Logged |
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cabbage22 Member |
This is exactly why I felt so strongly about the email swapping. There is no telling where it will end up, and who is stupid enough to post the information. I hope we can keep this type of thing under control next time (if) we're contacted. IP: Logged |
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raven76 Member |
There is no reason to get upset or dissapointed, just because the e-mail of CEO has been posted in a public forum.. Are we( the sharesholders of PGHI) a secret organization, so we should hide information from the public? JF simply informed the shareholders about the current & future developements.. "I just hope the fact that someone posted John's e-mail on a public forum such as RB that it doesn't get in the way of John from sharing information with the shareholders in the future." GL
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cabbage22 Member |
Can't wait! IP: Logged |
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tommy Member |
There was an MSN board for PGHI that got shut down for posting emails from the CEO, old timers will confirm that fact. PGHI's management got pretty upset and asked that board be shut down. Shareholder info is just that, for shareholders, not for the whole publicto know. Now, do you understand why it's upsetting to us longs who witnesses all this already in the past? That's why I asked everyone not to post it here or on ANY board! GLTA!
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Magoo Member |
There are things communicated in private e-mails which pertain to the situation being spoken of. Even though the statements which John Flemming had spoke of seem to be of a general nature it is being directed to a particulal individual to answer directed questions. The problem here is haveing the general plublic read the statment brings doubts into play depending how one interpets the information. Everyone wants immediate action to see their stocks go up in value quickly. That is why traders generally tradeing in the penny stocks want to see immediate results and can draw improper conclusions from such a e-mail. I have spoken with John Flemming about investing a good amount of cash in either the PPM stock or maybe in an other method. This conversation is private as it is pertaining to my situation and I would never let anyone else know as to any details which was spoken. Tommy is right and this person is wrong in posting an e-mail sent to him by the CEO. Anyone who is a shareholder has the right to contact John Flemming and get answers to their questions but keep it between the shareholders and not outside sources. Magoo IP: Logged |
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tommy Member |
For those of you who complained about PGHI's number of shares, check out IBZT's numbers! IBZT: PGHI: IP: Logged |
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kevinscott Member |
Anyone still around here that could possibly send me that e-mail that you've all been talking about... ksblick@hotmail.com Thanks Kevin IP: Logged |
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