posted June 08, 2004 18:11            

quote:

---

Originally posted by BroBro:
Oh, and if anyone has time could they please elaborate on the PREM-14A filed this morning by WNMI? I think it means either share dillution or a possible merger, but Im totally confused. Sorry ppl! THANKS..

-Thats what I get for placing money in something called Warning!-

---

posted June 08, 2004 21:30            

quote:

---

Originally posted by WinsumLosesum:
But being on The Simple Life may lead to more "print work, advertising campaigns and endorsements, personal appearances and runway work," right? For example, would Warning make money if Paris is on the cover of TV Guide because of the show?

BB, where are you?

---

posted June 08, 2004 22:09            

merger- hrmm.. what if, given the loss of revenue to televison agents and Warning's expressed interest to grow thru m&a, they were to acquire a business that reps tv talent? they do, after all, want to become a multi-media full-service agency. didn't i read that somewhere?

and then, if they repped that tv talent, Steve Chamberlin's Warning could do business with George Furla's Family Room Entertainment and two friends could give their revenues to each other.

It would be a beautiful symbiotic relationship, no?

Just brainstorming...
~BB

quote:

---

Originally posted by longfellow:
BB, I've had posts deleted here before by referencing other boards. I agree, it's censorship. Oh well.

---

posted June 08, 2004 23:34            

By: abadgoodgirl
08 Jun 2004, 11:04 PM EDT
Msg. 27883 of 27884
Jump to msg. #
Mr. Bonar:

WNMI's share price crash is such an atrocity it is difficult to determine exactly where one begins with questions and comments.

Of course my decision to invest was prompted by the news release of WNMI's representation of Paris Hilton and Malia Jones, as well as WARNING being featured in an episode of "Faking It", among other things.

At the time of the announcement and shortly thereafter, the stock was trading between .015 -.04 which is my basis. I took a position of a X shares at .0X or $XX,000 based upon the aforementioned events.

The share price fell slightly but was no cause for alarm; however, the price of .006 is cause for great alarm and reasonable explanations from WNMI top management.

Please enlighten me to what has changed and caused my investment to go from $XX,000 to $X,000.

Your Q1 results were horrible; but you couldn't have had revenues from your new clients at that time.

On the other hand, news and agreements you have announced elevated your share price and yet you have painted an abysmal picture of the company going forward under management discussion.

I note that your share price was .003; however at that time there was no Paris Hilton, Malia Jones or Dennis Rodman, etc. I would expect your share price to increase; so please do not try and use the .003 to .006 as some sort of positive progress report.

Further, I did some background checking into your dealings which turned up less than favorable information. At the time of the announcements, you were not the CEO and accordingly that fact would have been unknown to investors such as myself. Subsequently, after seeing your various involvement in other penny stock failures, the obvious conclusion may possibly be drawn for WNMI.

What stock manipulation activities have you engaged in? Have you been shorting your own stock at higher prices for quick gains? Have you been flooding the market with unregistered shares?

In the absence of bad news, the share price is not legally .006. The share price has been manipulated to a large degree and if you have no direct or indirect responsibility, then what other explanations can you offer up regarding the abominable share price at which WNMI trades today. For your information the price is .006! if you're not following your company's share price daily.

Where are the signed "deals" that will add value to the company. Have you failed to close any deals on behalf of Paris Hilton? Is the deal with some other Paris Hilton and not the true socialite Paris Hilton?

You have not kept shareholders informed of any new substantial developments positive or otherwise. You now have a fiduciary and moral duty to inform your shareholders about the obvious horrible turn of events that has led to the atrocious share price of .006.

Your stock has been in a steady decline [which begs manipulation] and crashed today on 70 million shares traded in volume without negative news or any news at all. I searched and searched. I noted your filing to increase authorised shares but that is no reason for a crash such as the one that took place today.

Is there something to which individual investors are not privy? Insiders selling? Pending bankruptcy? Paris Hilton leaving WNMI? Malia Jones alleged new line falling through?

As an individual investor, I know it's usual and customary procedure that individual investors are the last to know about important developments, but somebody knows something or the share price wouldn't have crashed needlessly.

Furthermore, somebody must know something or WNMI is being manipulated in which case and in light of your fiduciary duties on behalf of WNMI shareholders, you have an absolute obligation to WNMI shareholders to get to the bottom of it unless of course you're part of the problem.

Awaiting answers here.

A concerned shareholder

posted June 09, 2004 00:30            

If I see a response I'll post it here. I'm feeling a little dumb because I'm long term & holding shares that are very red. In any event I may buy more when the dust settles. There's just too much this company can do with PRs. I'm in the hopes that they increase their share price significantly before they cut any deals with their new shares. Also would love to see a line of clothing with all WNMI wearing the product!

posted June 09, 2004 01:15            

quote:

---

Originally posted by betting babe:
agreed, oh well. thx for commiserating longfellow.

and then, if they repped that tv talent, Steve Chamberlin's Warning could do business with George Furla's Family Room Entertainment and two friends could give their revenues to each other.

...

It would be a beautiful symbiotic relationship, no?

---

Yes I've been ruminating along those lines as well. The fact that Warning wants to remove the word "model" from their name suggests to me something along those lines. Steve said that they were working on many long-term projects, and something like that would put Warning in a whole new ball game. Given their creative approaches to date, I would not be surprised.

posted June 09, 2004 01:29            

quote:

---

Originally posted by betting babe:
agreed, oh well. thx for commiserating longfellow.

---

By the way, BB, if you wouldn't mind, email the webmaster at warninginfo (ie me, see email addy at bottom of the site), and let me know the jist behind your post that was deleted. Even if you don't recall the specifics, I'd like to hear it.

posted June 09, 2004 01:51            

quote:

---

Originally posted by whizknock:
Interesting post from another board,,,
............................................

By: abadgoodgirl
08 Jun 2004, 11:04 PM EDT
Msg. 27883 of 27884
Jump to msg. #
Mr. Bonar:

WNMI's share price crash is such an atrocity it is difficult to determine exactly where one begins with questions and comments.

Of course my decision to invest was prompted by the news release of WNMI's representation of Paris Hilton and Malia Jones, as well as WARNING being featured in an episode of "Faking It", among other things.

At the time of the announcement and shortly thereafter, the stock was trading between .015 -.04 which is my basis. I took a position of a X shares at .0X or $XX,000 based upon the aforementioned events.

The share price fell slightly but was no cause for alarm; however, the price of .006 is cause for great alarm and reasonable explanations from WNMI top management.

Please enlighten me to what has changed and caused my investment to go from $XX,000 to $X,000.

Your Q1 results were horrible; but you couldn't have had revenues from your new clients at that time.

On the other hand, news and agreements you have announced elevated your share price and yet you have painted an abysmal picture of the company going forward under management discussion.

I note that your share price was .003; however at that time there was no Paris Hilton, Malia Jones or Dennis Rodman, etc. I would expect your share price to increase; so please do not try and use the .003 to .006 as some sort of positive progress report.

Further, I did some background checking into your dealings which turned up less than favorable information. At the time of the announcements, you were not the CEO and accordingly that fact would have been unknown to investors such as myself. Subsequently, after seeing your various involvement in other penny stock failures, the obvious conclusion may possibly be drawn for WNMI.

What stock manipulation activities have you engaged in? Have you been shorting your own stock at higher prices for quick gains? Have you been flooding the market with unregistered shares?

In the absence of bad news, the share price is not legally .006. The share price has been manipulated to a large degree and if you have no direct or indirect responsibility, then what other explanations can you offer up regarding the abominable share price at which WNMI trades today. For your information the price is .006! if you're not following your company's share price daily.

Where are the signed "deals" that will add value to the company. Have you failed to close any deals on behalf of Paris Hilton? Is the deal with some other Paris Hilton and not the true socialite Paris Hilton?

You have not kept shareholders informed of any new substantial developments positive or otherwise. You now have a fiduciary and moral duty to inform your shareholders about the obvious horrible turn of events that has led to the atrocious share price of .006.

Your stock has been in a steady decline [which begs manipulation] and crashed today on 70 million shares traded in volume without negative news or any news at all. I searched and searched. I noted your filing to increase authorised shares but that is no reason for a crash such as the one that took place today.

Is there something to which individual investors are not privy? Insiders selling? Pending bankruptcy? Paris Hilton leaving WNMI? Malia Jones alleged new line falling through?

As an individual investor, I know it's usual and customary procedure that individual investors are the last to know about important developments, but somebody knows something or the share price wouldn't have crashed needlessly.

Furthermore, somebody must know something or WNMI is being manipulated in which case and in light of your fiduciary duties on behalf of WNMI shareholders, you have an absolute obligation to WNMI shareholders to get to the bottom of it unless of course you're part of the problem.

Awaiting answers here.

A concerned shareholder

---

Now I would love to see a response to this letter. I am assuming its too soon for one...whiz if you find it please post it here.

Thanks!

posted June 09, 2004 10:57            

quote:

---

Originally posted by longfellow:
OT: Reagan's coming in tomorrow, I'd like to go pay my respects, but I think it's going to be a madhouse here. I'm not a Republican, but I thought he was a great leader.

---

posted June 09, 2004 11:20            

quote:

---

Originally posted by BroBro:
Hey, Reagan's coming here tomorrow?! You must be near D.C.?

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posted June 09, 2004 11:26            

quote:

---

Originally posted by longfellow:
Indeed I am. Et tu?

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posted June 09, 2004 14:30            

WNMI Update - Spoke to Bonar:

I had a lengthy phone call with Brian Bonar yesterday. I made it clear that the lack of transparency and dearth of communications means the request to raise the AS would be taken in a negative light unless the company tells the shareholders why they need to do it to succeed. It was not necessarily easy at first to discuss this, but I felt the overall tone of the conversation ended up as an improvement over my previous efforts to cover similar topics. He said he would relay my strong argument to the board to see if they will open up more to shareholders about their business plan and need for funding.

What I say is not me spouting the party line, just my report and hedge about the probability of the outcome of the claims made. It still comes down to needing interim operational funds. Brian still claims they have a very good chance of supporting their operational costs by year's end (give or take a quarter I think), but that they need funding to keep the ship upright until then. That is possible. When asked if the company can do anything to prop the share price up so that conversions are exercised at a higher price thereby rendering a greater capital gain to Warning! for their expenses, he said they need to become profitable to raise the share price. He claims they can do it in the next year and the company itself is solid. My take on that is the company potential can indeed make that happen, but that it would then take some time to build up the share price over the next six months. But based on further considerations, I think there are reasons the price can go higher. It may take profitability to achieve the multiples we originally hoped for, but the stock can still climb out of its current gutter this Summer and Fall based on other potential developments.

The need for preferred shares would be fo acquisitions. This indicates the company wants to bring in a revenue producing business that will support operations. Fans of MobilePro (MOBL) have applausded this strategy. If Warning! can accomplish this, then there could be a real positive pivot moment in this stock should they succeed with this premise. If I knew the preferred shares were to be used for this I would consent. Any acquisition should certainly be expected to be related to their current business and their stated plans. I am not expecting an acquisition of something unrelated. My understanding is it would not be treated as a subsidiary, but fully integrated into Warning! This seems like a serious possibility and if it happens, the bottom line could start to show significant improvements. My guess this could happen within 2-6 months.

If they are able to do this and grow the rest of the existing business organically (it is operational after all), then I understand they can't go begging to Paris Hilton for funds when they are trying to present themselves as being a positive agent for her career. In essence, it would be hard to solicit funding from within the fashion and entertainment business without looking needy and it would send the wrong message about their future and capabilities. He does not feel they can presently raise money outside of selling shares. He said it does not mean 2B AS is going to be dumped into market. He was quite forceful about this and said there will be 3 month waiting periods for some options to be exercised. I do not believe the share count will double overnight either.

They are going to contract with an Investor Relations firm. He said this will help with shareholder concerns. I asked him if we are looking forward to a dry Summer without PRs and he said definitely not. I asked why it has been so quiet and he said there was no material event they could conclusively report on. He said they were also skittish because they had been accused of issuing a misleading PRs previously, though I don't see that particularly myself, perhaps it was just some shareholder's perceptions. I highly stressed the importance of issuing a shareholder update and that it does not require a specific event to inform us of what each department is up to. I said that, after all, you have people working on shoots, right? Yes, of course, he said. So why don't we know about that? He said he would consider this too and I think he will since I made a very strong case for it.

They are updating the website so we can look forward to seeing something new there soon too. It should also include information for investors. He said web design and IR costs money and that was part of the new costs being incurred.

I do believe the trademark status should be cleared up soon and Warning! will have it uncontested. I've looked into this independently and I think it is so. Since I was most interested in the branding concept to begin with, this was and is key to me, so I think we may be seeing the dam break open in terms of their ability to push the Warning! logo towards the end of this Summer. He voluntarily said they have every intention of pursuing the fashion business and I think this is currently the key sticking point that should shortly be resolved. Remember that I mentioned the trademark status and the need to secure it before the company really starts to promote itself? I think I was dead on the mark. Once that is done, we should be seeing a very different public company.

posted June 09, 2004 18:42            

"He said they were also skittish because they had been accused of issuing a misleading PRs previously, though I don't see that particularly myself, perhaps it was just some shareholder's perceptions."

that is what i referenced yesterday. unfortunately i think some bitter investors on other boards are stirring up trouble, giving warning one more issue to deal with. i think the legal disputes are completely unfounded.

i agree, patience is key. this was never a day trade for me- always a long, and i think i've stated that numerous times. report on models' jobs? that could start a problem with confidentiality- how would you like to be the ad agency that scores a big name for a fal campaign only to have the glory taken out of your unveling cuz the model agency announced it sixth months before its debut?! seriously, i have that problem jsut posting pictures on my website- the polaroids at the end of a job are destroyed and all evidence of the client's "trade secrets" are kept under wraps. i have an awesome virginia slims campaign shot by arthur elgort coming out this fall- but i can't tell you about it, cuz i'm not allowed. i imagine Warning is in the same situation regarding their PRs.

i'm still in & holding, and until i get bad news, no amount of rumor can change my mind.

posted June 09, 2004 19:20            

Thanks ,

DZ

quote:

---

Originally posted by betting babe:
great post, longfellow. very frank and to the point.

[b] "He said they were also skittish because they had been accused of issuing a misleading PRs previously, though I don't see that particularly myself, perhaps it was just some shareholder's perceptions."

that is what i referenced yesterday. unfortunately i think some bitter investors on other boards are stirring up trouble, giving warning one more issue to deal with. i think the legal disputes are completely unfounded.

i agree, patience is key. this was never a day trade for me- always a long, and i think i've stated that numerous times. report on models' jobs? that could start a problem with confidentiality- how would you like to be the ad agency that scores a big name for a fal campaign only to have the glory taken out of your unveling cuz the model agency announced it sixth months before its debut?! seriously, i have that problem jsut posting pictures on my website- the polaroids at the end of a job are destroyed and all evidence of the client's "trade secrets" are kept under wraps. i have an awesome virginia slims campaign shot by arthur elgort coming out this fall- but i can't tell you about it, cuz i'm not allowed. i imagine Warning is in the same situation regarding their PRs.

i'm still in & holding, and until i get bad news, no amount of rumor can change my mind.

no caps- i'm getting lazy ;-)
~BB[/B]

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posted June 09, 2004 19:58            

quote:

---

Originally posted by longfellow:

RE: "They are going to contract with an Investor Relations firm. He said this will help with shareholder concerns."

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posted June 09, 2004 20:06            

quote:

---

Originally posted by Been_there_done_that:
Well, that makes me feel better. I already averaged down just BEFORE this latest tumble off the face of the earth, so I'm fully underwater here. However... it's nice to know that although the company is losing big bucks, they are going to spend even more money to hire a firm that will be tasked with convincing me that I'm not that upset about losing as much as they did in the first place. I can already feel my concerns slipping away.

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posted June 09, 2004 20:42            

quote:

---

Originally posted by will:
I think that was his polite way of saying, "you people are driving me Fuc*ing crazy. So, I am hiring someone to listen to this whining from you people, so I don't have to hear it". ....and of course, "send more money, please"

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posted June 09, 2004 23:34            

If I see a response to Badgirl's letter I will bring it to you!

Lonfellow, thanks for bringing that post by Investorgation to the board.

Personally I'm long & yes, all my shares are red. I have an average paying job & without too much strain will buy more at these prices then sit on them. I'm good with dicipline & will see a profit from every share I hold!

posted June 11, 2004 21:36            

Mr. Bonar returned my e-mail. I'm giving him the benefit of the doubt although I don't like that he has a relationship with Mercator.

Normally I refrain from posting a reply but this is a good one and takes me to task in a nice professional manner.

Here is his response to one of my excitable e-mails:

Your opinion regarding my knowledge of selling patterns is wrong. We are developing the company for long term growth and profitability and that takes time. May I suggest you refrain from using the terms used in your E mail and simply stick to facts and focused questions that I may try and answer.
Brian Bonar-

So I've decided that I am going to ask him the difference between a booking agent and a manager. That is a focused question and it's perfectly reasonable.

posted June 13, 2004 22:26            

quote:

---

Originally posted by longfellow:
So I've decided that I am going to ask him the difference between a booking agent and a manager. That is a focused question and it's perfectly reasonable.

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posted June 14, 2004 13:15            

quote:

---

Originally posted by betting babe:
hey, why not? i mean, there's an entire federal class action lawsuit over that very question...
~BB

---

Just to clarify, that last paragraph was still abadgoodgirl's, not mine.

Betting babe, you're up in the big apple, right? You should sneak in to Letterman and get the advance word on whether she mentions Warning or not! He tapes at like 1 or 2pm I think. *chuckle*

posted June 17, 2004 12:46            

As those who bought on the run panic and leave the stock it will often trade lower as we are doing here.

My thought from here is we have one of the best guys in the business running the talent end of the business. Let him do his job ( Chambers ) and the real news will come.

posted June 17, 2004 18:36            

quote:

---

Originally posted by Bob Frey:
Running on rumers is not good and probably is never good for a stock.

As those who bought on the run panic and leave the stock it will often trade lower as we are doing here.

My thought from here is we have one of the best guys in the business running the talent end of the business. Let him do his job ( Chambers ) and the real news will come.

---

Bob! That's what I'm counting on! I hope Chambers does something radical & makes this "The Agency" in their field.

posted June 21, 2004 10:21            

quote:

---

Originally posted by Bob Frey:
CNN aired a special this am on Paris.

Said she has a music cd and a book coming out this year.

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posted June 22, 2004 10:00            

quote:

---

Originally posted by Vinny:
I think some big news is going to be release this week. Paris is looking into doing some acting and hopefully she stars in a blockbuster movie which Warning will represent her. GO WNMI!!!!!!!!!!!!

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posted June 22, 2004 22:58            

quote:

---

Originally posted by longfellow:
Vinny, Warning doesn't represent her acting career, only her modeling. But I agree, we are definitely due for some news. I expect some sort of Paris news before long, now that she's back from Australia, I am sure they are busy finding her work.

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posted June 23, 2004 06:19            

quote:

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Originally posted by Been_there_done_that:
isn't modeling "small potatoes" compared to singing and acting, producing a clothing line, etc... I wonder if Paris getting into those fields will be good or bad for us. If she gets so tied up in other ventures, I would assume she would be less available for (or interested in) smaller jobs like modeling.

---

I am not concerned about that, personally. My guess is that the more she ventures into other fields and builds her overall career, the more she will be worth as a model. So even if she did end up doing less modeling (which might not be true regardless), I doubt that would decrease Warning's revenues from her work.