posted January 25, 2004 19:36            

Think how much money Red Bull has made blitzing this type of market over the past couple of years.

Would also be a ton cheaper and allow more money to pursue other ideas.

"And now, Sal Masekela coming to you from Aspen, CO proud home of X-games IX, brought to you by the proud official sponsor of X-games IX - Veegeez.com "Late Fees Suck!" Take it away Jim....."there goes Zack Smidt doing a triple inverted sow cow mute grab off the super booter for a killer landing.'
Unbelievable!!!!......

Anyway, just an idea I had.

Mike

quote:

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Originally posted by whymejc:
It sure would be nice to get a 30 second spot during the Superbowl.

Regards

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posted January 25, 2004 19:45            

quote:

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Originally posted by delt16:
is that new NASD rule a big as I think it is?? this is great news for all bb stocks, right?

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posted January 25, 2004 20:45            

GREAT article

New Entry in Online Vid Race
Sat Jan 24, 4:06 PM ET Add Movies - Reuters to My Yahoo!

By Jill Kipnis

LOS ANGELES (Billboard) - There's a new kid on the block in the online video rental world.

Gameznflix.com, owned by Franklin, Ky.-based holding company Point Group Holdings Inc. (PGHI), is launching next month with an offering of DVDs and videogames.

The service's business model is similar to that of Netflix, the leading online rental company based in Los Gatos, Calif. Users will pay a monthly subscription fee that enables them to receive DVDs or games through the mail. After a subscriber returns a title in an envelope with prepaid postage provided by gameznflix.com, another title from the rental selection list they have created is sent.

"This is a long-term project that will offer an alternative to Netflix," says John Fleming, CEO/president of PGHI. "We will crawl, then we will walk and then we will see about running into the future."

Netflix ended 2003 with about 1.5 million subscribers, a 74% increase over 2002.

Fleming says that the availability of videogames will differentiate gameznflix.com from such competitors as Netflix and walmart.com, which offer only DVDs.

A Netflix representative could not be reached for comment by press time.

PGHI already has established an online videogame rental service through its 18-month-old Web site veegeez.com, which will be incorporated into gameznflix.com next month. Fleming would not disclose how many subscribers use veegeez.com.

It currently distributes veegeez.com orders through centers in San Diego and Franklin. Fleming says two more distribution centers will open soon.

At launch, gameznflix.com will offer about 50 top DVDs and a full stock of videogames. According to Fleming, 99% of published videogames, including such older titles as "Pong," will be available for rent.

"It costs $50 to buy a game. The gamer beats the game or likes it or dislikes it and is over it in about two weeks and three days," Fleming says. "Now, they can rent it for $20 a month."

Fleming would not disclose what the monthly subscription fee for gameznflix.com will be, though its veegeez.com offers plans that range from $19.95 to $39.95. For example, the $19.95 plan allows users to have two titles rented at a time, while a $29.95 plan allows four rentals at a time.

Reuters/Billboard

posted January 25, 2004 20:48            

It links directly to their site and a free 2 week trial.

If someone does put together an e-mail to JF about advertising mention this to him. It would be better to put together a collective e-mail of all of our ideas for advertising and e-mail him. Rather than a bunch of smaller ones. I also think we really need to push to get some articles or interviews done by some of the bigger gaming sites.

[This message has been edited by nitroburn (edited January 25, 2004).]

posted January 25, 2004 20:55            

quote:

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Originally posted by delt16:
is that new NASD rule a big as I think it is?? this is great news for all bb stocks, right?

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posted January 25, 2004 21:05            

quote:

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Originally posted by Drethar2:
I just went to the Gamefly site and saw that they also let you buy used games...i just thoguht how in the future Veegeez should let users be able to buy used or maybe even new games...it would make sense and just add another way for Veegeez to generate revenue

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posted January 25, 2004 21:30            

This is what we are talking about..

quote:

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Originally posted by newstockpicker:
I just copied this off the BLYC thread. If you guys haven't seen it yet, it is a must SEE!!

Walt

Issue Date: 01.24.04

**SPECIAL WEEKEND EDITION**
IN THE MONEY: NASD Tightens Short Selling/Delivery Rule

By Carol S. Remond
A Dow Jones Newswires Column

NEW YORK (Dow Jones)--Taking most market participants by surprise, the
National Association of Securities Dealers has drastically tightened one of
its rules governing short selling.

Known as affirmative determination, the NASD rule stipulates that brokers
and dealers engaged in a short sale transaction must make sure that shares
can be delivered by settlement time, three days later.

"We closed a loophole," said Steve Luparello, executive vice president of
Market Regulation at NASD.

Until now, non-NASD members, like specialists, option markets and foreign
brokers, weren't covered under the affirmative determination rule. That
means that non-NASD members didn't have to represent to the NASD broker
through which they conducted a short sale order that they would be able to
deliver the stock by settlement date.

A short seller typically borrows stock from a broker to sell it into the
market, betting that the share price will fall so that he can buy the stock
back at a lower price and pocket the difference.

The amended NASD affirmative determination rule, which was recently approved
by the Securities and Exchange Commission, will particularly affect short
sales conducted through foreign brokers, most specifically Canadian brokers
which have often been used by investors to sell short the stock of small
U.S. companies trading on the Over-the-counter Bulletin Board or OTCBB.

Because it's often impossible to borrow the shares of companies trading on
the OTCBB, investors and hedge funds looking to take negative bets on these
often-overvalued development-stage companies have traditionally been trading
through Canada where it's not required to borrow stock before selling it
short. The practice is known as NAKED SHORTING.
"It's part of (a broker's) supervisory responsibilities," NASD's Luparello said, adding that a non-member's previous failures to deliver should be a good indication of whether or not it will in fact be able to complete the transaction by the settlement date.

Market makers engaged in bone fide market making activities will continue to be exempt from affirmative determination.

Luparello said that, unlike a parallel SEC initiative to tighten short selling rules on the small-cap markets, the new NASD rules did not originate from worries over mounting failures to deliver stock into the national clearing system. But Luparello said the amended NASD rule fits nicely with the new short selling regulations now under consideration by the SEC.

"I think it addresses a gap and (shows) that we, like the SEC, are looking at a variety of things in this area," Luparello said.

The NASD proposal was first submitted to the SEC in November 2001, well before alleged abuses of naked shorting became the focal point of a campaign lead by some OTCBB companies in the U.S that say they have been victimized by the practice.

While some investors argue that short sellers provide a needed service to the markets, others have called for the complete abolition of short selling because of the undue pressure its puts on the shares of companies.

While market participants in the U.S. and abroad are well aware of the new short selling regulations being put forward by the SEC, known as Regulation SHO, most said they knew nothing of the NASD's plan before it became final.

"It's taken us by surprise," said Richard Thomas, head of compliance at Canadian brokerage firm Pacific International.

Although separate from it, the amended NASD rule fits tightly within the SEC's SHO which is now under review by the SEC staff after a period during which market participants were invited to comment on it.

As it stands, the new SEC short selling rules will make it easier to short large-cap stocks since they would do away with the "uptick" rule, which bans short selling on a stock when the price is falling.

But it when it comes to the small-cap markets, where it's often impossible to borrow stock, the impact of SHO will be the opposite, making it harder to short sale stock.

The new SEC rule sets a predetermined level of so-called clearing fails - cases in which a broker or investor cannot deliver stock within two days after settlement - which will trigger a 90-day blackout whereby the customer will not be allowed to short sell that security. That 90-day exemption would affect trading of U.S. securities in and outside the U.S.

The new NASD affirmative determination rule will take effect on Feb. 20.

[This message has been edited by newstockpicker (edited January 25, 2004).]

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posted January 25, 2004 23:20            

Let me put it this way, given two choices which would you rather see:
A) Your favorite football team wins the Superbowl but you are in a submarine and don't hear about it until two days later.

or

B) You watch the Super Bowl on tv and see first hand your team losing.

Of course ideally you would rather attend the Super Bowl and witness first hand your team's victory, but given either of the other choices you would take choice A everyday of the week.

The big picture to me is that we are going to HAVE DVD's, a new marketing agreement and a great looking website, SOON. I think this is a great idea for a business with a viable and real market. The PR release mini-snafu is lower down on my totem pole.

quote:

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Originally posted by ct1074:
Is anybody concerned about how none of our recent pr's ever hit the streaming news. I have Ameritrade and none of the pr's ever showed up there. Watt's up!

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posted January 25, 2004 23:27            

By Rick Aristotle Munarriz (TMF Edible)
January 22, 2004

If you had to browse through the 15,000 available DVD titles from Netflix (Nasdaq: NFLX) to sum up its first two publicly traded years, would you go with It's a Wonderful Life or Some Like It Hot? It's hard to argue with the company's success. It is a thriving online renter of films with profitability and 1.5 million loyal customers.

posted January 25, 2004 23:45            

quote:

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Originally posted by ct1074:
Is anybody concerned about how none of our recent pr's ever hit the streaming news. I have Ameritrade and none of the pr's ever showed up there. Watt's up!

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posted January 26, 2004 00:02            

Would certainly keep people on the site longer and draw more interest.

quote:

---

Originally posted by kevinmeister:
What do you think about having a chat room on the GamezNflix website for people to discuss games/movies? It seems like chat rooms are big for serious gamers... A popular chat room might draw more subscribers.

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posted January 26, 2004 00:09            

quote:

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Originally posted by ignorantbliss:
I think that would be an excellent idea!! Seriously, I think you should send that to JF at ceo@pghi.biz

Would certainly keep people on the site longer and draw more interest.

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posted January 26, 2004 00:09            

It would be an awesome idea to have it back again. Also I can't wait to post about the new site on other gaming boards.

I'll have a hard time sleeping tonight, can't wait for tomorrow!

GLTA!

quote:

---

Originally posted by kevinmeister:
What do you think about having a chat room on the GamezNflix website for people to discuss games/movies? It seems like chat rooms are big for serious gamers... A popular chat room might draw more subscribers.

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posted January 26, 2004 00:21            

quote:

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Originally posted by Mac the Knife:
Hey Kevinmeister, I think that would be a great idea. Definately email Jeff about that. Also Wooter did you ever let Jeff know about your X games marketing idea? That is another good one. I liked the way you compared it to Red Bulls marketing with the X games. Maybe Jeff already has turned these stones over but it doesn't hurt to make sure. Good job guys. Mac

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posted January 26, 2004 01:07            

quote:

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Originally posted by cabbage22:
It looks like regulation SHO has finally swung into action. This will be very positive for many stocks that have been victims of naked shorts. It does not prevesnt regular MM's from naked shorting however.

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posted January 26, 2004 05:12            

Or you can view it even further as a continuation with the handle of the cup rounding off.

With the mix of a positive article (billboard), looks like an UP day on Monday.

Only my humble opinion, anything under .056 is a steal for now. GLTA.

posted January 26, 2004 09:13            

This could be a sign of whats to come when PGHI announces the same.

posted January 26, 2004 09:14            

quote:

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Originally posted by ignorantbliss:
You guys need to watch ARGY this week and see how they do since they just announced their PPM is complete with $2,750,000 in financing from private investors.

This could be a sign of whats to come when PGHI announces the same.

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posted January 26, 2004 09:39            

quote:

---

Originally posted by dazedtrader:
Nice opening today at .054

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posted January 26, 2004 09:48            

quote:

---

Originally posted by BetNitAll:
I don't think were going to see a pullback with in 30 mins Still alot of buying pressure. We are most likely going to see another all time high today

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posted January 26, 2004 09:48            

quote:

---

Originally posted by BetNitAll:
I don't think were going to see a pullback with in 30 mins Still alot of buying pressure. We are most likely going to see another all time high today

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posted January 26, 2004 09:56            

Vol 3800000

posted January 26, 2004 10:27            

quote:

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Originally posted by stockguyDD:
does any1 know why the spread is staying small... the ask didnt rise during the run after the MM signal and then it hit pressure and retraced a little.. is it that the MMs didnt want a run up 2 fast so they capped it?

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