posted
I just got cashed out my scottrade account. They sent me the money that I recieved from the sale of my 20 shares on Friday prior to the split.... I only did that to get back my initial investment.... still have 80 shares..... but hey, i got paid!!!
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Some interesting DD.....on GVRP Remember Gerald C Parker in the Gluv PR? Parker Sr. and Parker Jr. are attorneys.
Excerpt from PR: GLUV Corp. Announces Entry Into the Entertainment Industry Tuesday May 17, 10:25 am ET
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--May 17, 2005--GLUV Corp. (Pink Sheets:GVRP - News), announced today it has finalized a Merger Agreement with DigiKidz Holdings, Inc., a Florida corporation. GLUV Corp. has also filed with the State of Florida to change its name to Media Magic, Inc. after effecting the Merger. The transaction requires all current officers and directors of GLUV to resign, and provides for the appointment of the Media Magic management team to their appropriate positions in the new company.
After effecting the merger, Gerald C. Parker and Robert W. Pearce will serve on the Board of Directors of the new entity, Gerald C. Parker as Chairman of the Board, and Robert W. Pearce as Chief Executive Officer, Secretary and Treasurer of Media Magic.
Gerald C. Parker Jr. - Professional Engineer (Civil/Site)
parker001@infoave.net Home
gparker@landdesign.com Office
Wallace Parker
woparker@tu.infi.net Home
Neil Parker
nparker@enitecnologie.eni.it Home
[b]and another- seems as if he is an insider in several companies[/b]
http://biz.yahoo.com/t/96/898.html
PARKER, GERALD C.: Declared Holdings Company/Relationship Reported Shares Ownership BIDVILLE INC Director OTC BB:BVLE.OB (historical quotes, profile, other insiders) 20-Jan-05 10,646,050 Indirect CIRILIUM HOLDINGS Director OTC BB:CRLU.OB (historical quotes, profile, other insiders) 13-May-05 6,676,250 Indirect HORIZON HOLDING CORP Unspecified Relation OTC BB:HRZH.OB (historical quotes, profile, other insiders) 2005-05-02 not reported
Insider & restricted shareholder transactions reported over the last two years Date Shares Stock Transaction ADVERTISEMENT
13-May-05 *843,750 CRLU.OB Sale at $0 per share. 2-May-05 35,467 HRZH Planned Sale (Estimated proceeds of $24,117) 20-Jan-05 *100,000 BVLE.OB Purchase at $0.48 per share. (Cost of $48,000) 13-Jan-05 *90,000 BVLE.OB Sale at $0.29 - $0.31 per share. (Proceeds of about $27,000) 2-Aug-04 *438,034 CRLU.OB Private Sale at $0.75 per share. (Proceeds of $328,525) 1-Jul-04 *4,480,000 CRLU.OB Private Sale at $0.0001 per share. (Proceeds of $448) 28-May-04 *14,000,000 CRLU.OB Statement of Ownership 28-May-04 *12,000,000 CRLU.OB Statement of Ownership 28-May-04 *2,000,000 CRLU.OB Statement of Ownership 27-May-04 *413,950 BVLE.OB Private Sale at $0 per share. 15-Mar-04 *633,300 BVLE.OB Private Sale at $0.02 per share. (Proceeds of $12,666) 5-Feb-04 *1,350,000 BVLE.OB Private Sale at $0.02 per share. (Proceeds of $27,000) 12-Dec-03 *3,966,700 BVLE.OB Private Sale at $0.0001 per share. (Proceeds of $396) 10-Dec-03 *17,000,000 BVLE.OB Statement of Ownership
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No F/S shares yet in Scottrade. I guess they can not do a R/S until everyone get the F/S shares. If they did it before that they could only R/S the shares we actually have in our accounts?
-------------------- If all goes well then great, if not, make it work.
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MAGNETIC-- please post any r/s news on this thread besides your usual excellent work, if you don't mind. If you do, please post that you *will not*
THANKS for looking...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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Media Magic, Inc., Formerly Known as Gluv Corp. Announces Completion of the Previously Announced Restructuring Plan Business Wire - July 06, 2005 10:28
WEST PALM BEACH, Fla., Jul 06, 2005 (BUSINESS WIRE) -- Media Magic, Inc. (Pink Sheets:GVRP) announced today that on July 5, 2005 it has effected a reverse stock split of three million shares for every one share of its common stock completing the Restructuring Plan announced on June 21, 2005.
The company has filed amended and restated articles of incorporation that provides for all outstanding shares of Class A common stock to be divided, i.e., reverse split, on a 3 million to 1 basis. Fractional shares will not be issued and instead will be rounded up to the nearest whole share.
All Class A and Class B common stock will be converted having one vote per share. The total number of shares that the company will be authorized to issue will be reduced to 150 million shares consisting of 100 million common shares, of which approximately 77 million shares will be outstanding and 50 million preferred shares issuable in one or more series, none of which will be outstanding.
Robert W. Pearce, the company's Chief Executive Officer, issued the following comment: "This reverse split completes the restructuring plan previously announced on June 21, 2005." Concurrent with the name change the company has filed for a symbol change. This plan allows Media Magic to move forward as a public company and execute its business plan.
This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
SOURCE: Media Magic, Inc.
Media Magic, Inc., West Palm Beach D. Ruggeri, 561-491-0870
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Guess this will be the norm with the pinkies now. They pulled it off, although no one can find a filing for this R/S, not to mention the people who don't even have their shares from the previous F/S....UNBELIEVABLE~
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Nothing has changed in my acct. when is this reverse split supposed to happen. the pr seems to project that it has already taken place.
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again, last pr said the rs would take place monday, it didn't happen.
they can issue these screwy pr's all they want, nasd knows nothing about any rs --------------------------------------------------------------------------------
Posted by: XXXXXXXX In reply to: SSP who wrote msg# 68373 Date:7/6/2005 11:25:53 AM Post #of 68402
GRVP is going to get away with it. Ameritrade finally sent me a letter out in the mail saying that all trades stand and that we can trade GRVP but that there is no market. GRVP and the brokers are going to get away with it and it looks like traders that sold after the forward split on that Monday win. The rest of us are ****ed!
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Posted by: XXXXXXX In reply to: Art2Gecko who wrote msg# 68396 Date:7/6/2005 11:38:21 AM Post #of 68408
Well, I made a phone call and hopefully this will help anyone involved with GVRP to sit back, relax and wait for this fiasco to take it's proper course. The person I spoke with asked me not to use their name, so don't even ask me who it is; it is someone from one of the regulatory bodies.
The following is factual information and was comfirmed by this person:
1) The NASD hasn't posted on their website about GVRP and it doesn't appear they will. (Remember, they are the ones who determine the ex-divy dates).
2) There is an active, ongoing investigation by the SEC, although calling them would do no good, since they can't comment on ongoing matters.
3) The Florida Division of Securities Enforcement has recently started their own investigation. (I do have a name and phone number for someone there who knows about it whom I plan on calling; I will not reveal who it is since the person I spoke with today doesn't want me to use their name.)
I asked this person if they knew how long this would play out until it gets resolved and this person laughed and said "Awhile". All they would say is the regulatory bodies are fully aware of what GVRP is trying to do and are well-versed on the events that have occurred so far.
So sit back, relax, and let's see what happens next...
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To: enforcement@sec.gov CC: chairmanoffice@sec.gov CC: NASD complaint webform
BEGIN -----
Consensus Is SEC and NASD Have Received Bribes.
I am writing to comment on consensus amongst thousands of investors who are vested in GLUV Corporation, trading as GVRP ticker.
You at the SEC and at the NASD have extensive documentation about events surrounding GLUV Corporation of recent dates. I suggest you review those hundreds of complaints of financial crime registered by stockholders of GLUV Corporation.
As you know, today, July 6, 2005, GLUV announced an unlawful reverse split with blessings from the SEC and the NASD. These activities by GLUV are clearly in violation of numerous SEC rules and regulations. This is a notion beyond debate; documentation you hold display securities fraud.
My concern is consensus amongst hundreds of investors is individuals at both the SEC and the NASD have taken bribes to effect no actions to be taken against GLUV. It is clear GLUV has illegally gained what we believe to be one-half-million to one-million dollars in illegal profits.
Our consensus is GLUV used a portion of those illegal gains to bribe selected individuals at the SEC and at the NASD, which is much in keeping with your long history of internal graft and corruption.
I find your criminal behavior to be absolutely abhorrent.
I am bored with our stagnant markets. Seems a good time to stir up some controversy.
Already talk of my being sued by the SEC and NASD.
I love it.
Purty darn funny!
My hunch is we have months to wait before any of these GLUV questions are resolved. Have to give those ignorant clowns at GLUV credit, especially Pearce and his attorney, for being rather obvious blithering idiots, which seems a consensus.
I do enjoy a laugh over their periodic news releases!
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"Finally, according to our computerized records, we have received 135 complaints and/or inquiries concerning GLUV Corp. If you are interested in our reviewing these records for release under the FOIA, please authorize...."
Original ink signature by Frank A. Henderson
Other three pages contain no material of worth.
--
Only 135 written concerns. You boys are not doing a very good job.