Click here for a printable version Business Summary: Develops, produces, markets and distributes motion pictures. The company's business model attempts to combine the efficiencies realized by studios of the early 1900s with the artistic focus and diversity of today's independent productions.
Address 2020 Main St Ste 990 Irvine , CA 92614-8202 Phone: 949-777-1080 Website: http://www.camelotfilms.com Transfer Agent Transfer Online, Inc. Employees: 8 ShareHolders: 2300 Founded: 1999 Domicile: Delaware
NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Organization
THE FURIA ORGANIZATION, INC. (the "Company"), was incorporated as Furia, Oringer Productions, Inc. under the laws of the State of Delaware on June 26, 1984 for the purpose of writing and producing film and tape television programs and theatrical motion pictures. By 1991, the Company had transferred assigned an disposed of its entertainment properties. In April 1994, Pat Fashions Industries, Inc, ("PFI") the Company's subsidiary and only operating entity, filed a Petition in Bankruptcy under Chapter 11 seeking the reorganization of PFI. The Chapter 11 was converted to a Chapter 7 Proceeding and PFI was then liquidated. Resultantly, the Company has been seeking a merger or combination candidate in any industry and has been inactive since May 1994.
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Joined: Feb 2007 Posts: 17 Karma: 8 [ Exalt | Smite ] Re: Tuesday, April 3rd « Reply #439 on Today at 3:37pm »
Today at 3:05pm, taxback04 wrote: Today at 2:46pm, Rufus Paul Harris wrote:
Notice: CAMELOT ENTERTAINMENT GROUP, INC.
GODSPEED
WOW!! On December 27, 2006, we entered into a Securities Purchase Agreement (the "Securities Purchase Agreement") with New Millennium Capital Partners II, LLC, AJW Qualified Partners, LLC, AJW Offshore, Ltd. and AJW Partners, LLC (collectively, the "Investors"). Under the terms of the Securities Purchase Agreement, the Investors purchased an aggregate of (i) $1,000,000 in callable convertible secured notes (the "Notes") and (ii) warrants to purchase 10,000,0000 shares of our common stock (the "Warrants"). The capital provided by the Notes will be delivered to the Company as follows; $600,000 upon closing and $400,000 upon effectiveness of the planned Registration Document.
You don't grow more than 700% in one year by sitting around. You have to keep the pipe full (pun intended). December brought AJW Who's Your Daddy beverages as well. For anyone with the time, go back and look at what happens to almost every company that Ribotsky's crew touches.
I read somewhere that there is commonly a 10x factor of dillution once the conversions kick in and most stocks end up with a more than 50% loss in the first year on their way to sub-penny land. Not exactly the Midas touch there, is it? The game makes it so easy for them to make money this way - lots and LOTS of money straight out of the pockets of small-time investors who get suckered into the pyramid scheme.
posted
Wasn't today (4-4) the date that Griff or someone had said "something" was happening? Maybe peeps are simply waking up and getting out...which is what should have been done many months ago...but if peeps are selling some poor sap is buying...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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quote:Originally posted by 10of13: Wasn't today (4-4) the date that Griff or someone had said "something" was happening? Maybe peeps are simply waking up and getting out...which is what should have been done many months ago...but if peeps are selling some poor sap is buying...
I do believe Griff corrected his statement and said that he was wrong about the 4/4 date. Has anyone been reading Bud Burrell's B l o g?
[URL=http://www.thesanitycheck.com/b l ogs/b l ogArchive/tabid/101/EntryID/557/Default.aspx]http://www.thesanitycheck.com/bl ogs/bl ogArchive/tabid/101/EntryID/557/Default.as px[/URL]
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quote:Originally posted by 10of13: Hey Tex...look he's talkin' about one of your favs!
lol, they're just now figuring this out...izzat what I'm seeing?
There are some very sharp people posting on this forum, one of the best I have seen. Humility, on the other hand, is sometimes missing.
True there are some on Ruffie's board who seem to be lagging behind in understanding the corrosive environment surrounding this company and the markets in general. Ironically, there may very likely be people who have a much clearer picture than you or I who are looking at us wondering why we are just figuring all of this out. Here's hoping we can learn more in future; constant improvement is the only way to maintain self-respect.
On a personal note, I feel that we have seen the true good, bad and ugly side of humanity surrounding this stock. Honesty, fear, teamwork and trust; anger, bitterness, deceit and greed; self-doubt, depression... hope and redemption. Will anyone take away the real lessons of this saga, the ones that go beyond money and are meant to make us, and the sphere around us, a better place? Some will get it, others will not, and some will not even try. Try, at the least.
Senator Bill Bradley, years ago, penned the following very thoughtful and pertinent message:
"Respect your fellow human being, treat them fairly, disagree with them honestly, enjoy their friendship, explore your thoughts about one another candidly, work together for a common goal and help one another achieve it. No destructive lies. No ridiculous fears. No debilitating anger."
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