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Author Topic: GZFX a penny stock no more!!!
VeeHappy
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http://www.gameznflix.com/
Posts: 210 | From: Orange,Ca.USA | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
bubbaboy
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quote:
Originally posted by VeeHappy:
http://www.gameznflix.com/

what do you mean/
you got news?
know of improvements?
R U just a happy pumper?


Posts: 9 | From: Gulf Breeze, Fl USA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
VeeHappy
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quote:
Originally posted by bubbaboy:
what do you mean/
you got news?
know of improvements?
R U just a happy pumper?


Yes i am a happy pumper sinced .0165 How is this sound to you.
http://www.whitesnet.net/GZFX/GZFX.htm


Posts: 210 | From: Orange,Ca.USA | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
Zeker
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10QSB out yesterday- judge for yourself http://www.sec.gov/Archives/edgar/data/1099234/000109432804000142/games10qsb052304woex.txt
sounds like they are getting their act together quite well.

Posts: 339 | From: Clearwater, Fl | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Breezer
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quote:
Originally posted by Zeker:
10QSB out yesterday- judge for yourself http://www.sec.gov/Archives/edgar/data/1099234/000109432804000142/games10qsb052304wo ex.txt
sounds like they are getting their act together quite well.

i am a newbie - could you please respond and tell me what from that report makes you say "sounds like they are getting their act together quite well"


Posts: 658 | From: Gulf Breeze, Fl 32561 | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Zeker
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Breezer: I am long on this stock, and have been watching GZFX for quite some time. I have been in since .055, and I can personally say that John Fleming seems like an honest, up-front guy who stands by his word. As for the most recent 10SQB, what I liked about it, was how far GZFX has come in such a short time, as well as the fact that they have yet to break stride.
Shortly after the website went up, GZFX realized that it could not keep up with the sheer volume of its clientele. So they determined that the best solution was to begin out-sourcing through a third party based in Nashville and Los Angeles, which will greatly improve the request-to-fulfillment time involved which so many people were previously bemoaning. Granted, the clients' concerns were warranted- but think about it: too many clients indicates that this has become bigger than even GZFX's own expectations. Not many start-ups can say that they had so many clients a month after opening their doors, that they had to bring in a third-party vendor in order to help them out, and I am confident that GZFX is looking into procuring their own first-party west-coast distribution center, thus removing the third party vendor aspect ASAP.
GZFX has since consolidated VeegeeZ's operations into the GZFX core, which also seems like a positive move to me, b/c it shows that they are that confident in the marketability of GZFX itself.
Next to the turnaround concerns, are the concerns with the website. But that is about to change: GZFX announced that they are bringing a new server online shortly, with a better website design.
GZFX is also drawing in accredited investors, meaning that investors of a larger p/c income range are beginning to take note of GZFX.
John Fleming is a great CEO. One example of his confidence in GZFX, is that he has not drawn a salary from GZFX. As such, he is staking a lot on the future of GZFX, when compared to most CEO‘s regarding their respective companies. Many CEO's seem only interested in sticking around long enough to get filthy rich, but Fleming seems to be motivated by bringing GZFX to continuously higher levels. I have been involved in two start-up companies in the past, and as such, I can appreciate the distinction of John's sacrifice. He isn’t getting rich off of bleeding the shareholders dry by dumping more stock onto the market just prior to positive p/r's (or pulling a r/s in order to dump more shares and further dilute the stock later)- he sacrifices and stays proactive, and that is an edge that will see this stock through to far-better days.
All in all, I wasn't expecting a miracle in the 10Q form, and so I wasn't disappointed. This is penny-land, and GZFX is on a positive forward course. I wasn't really even interested in the numbers in the 10Q- I was looking for insight into how they were addressing consumer and investor concerns, and what their future plans are. I could have tripled my money on this one and moved on, but IMO, there is too much right about this company, to let its growing pains scare me away.

[This message has been edited by Zeker (edited May 28, 2004).]


Posts: 339 | From: Clearwater, Fl | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
Breezer
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Thankss Zeker for your post. Appreciate your insights. I will continue to hold GZFX and just wait for it to develop. The improved website and the commercials should make this thing move up nicely.

GO GZFX!

quote:
Originally posted by Zeker:
Breezer: I am long on this stock, and have been watching GZFX for quite some time. I have been in since .055, and I can personally say that John Fleming seems like an honest, up-front guy who stands by his word. As for the most recent 10SQB, what I liked about it, was how far GZFX has come in such a short time, as well as the fact that they have yet to break stride.
Shortly after the website went up, GZFX realized that it could not keep up with the sheer volume of its clientele. So they determined that the best solution was to begin out-sourcing through a third party based in Nashville and Los Angeles, which will greatly improve the request-to-fulfillment time involved which so many people were previously bemoaning. Granted, the clients' concerns were warranted- but think about it: too many clients indicates that this has become bigger than even GZFX's own expectations. Not many start-ups can say that they had so many clients a month after opening their doors, that they had to bring in a third-party vendor in order to help them out, and I am confident that GZFX is looking into procuring their own first-party west-coast distribution center, thus removing the third party vendor aspect ASAP.
GZFX has since consolidated VeegeeZ's operations into the GZFX core, which also seems like a positive move to me, b/c it shows that they are that confident in the marketability of GZFX itself.
Next to the turnaround concerns, are the concerns with the website. But that is about to change: GZFX announced that they are bringing a new server online shortly, with a better website design.
GZFX is also drawing in accredited investors, meaning that investors of a larger p/c income range are beginning to take note of GZFX.
John Fleming is a great CEO. One example of his confidence in GZFX, is that he has not drawn a salary from GZFX. As such, he is staking a lot on the future of GZFX, when compared to most CEO‘s regarding their respective companies. Many CEO's seem only interested in sticking around long enough to get filthy rich, but Fleming seems to be motivated by bringing GZFX to continuously higher levels. I have been involved in two start-up companies in the past, and as such, I can appreciate the distinction of John's sacrifice. He isn’t getting rich off of bleeding the shareholders dry by dumping more stock onto the market just prior to positive p/r's (or pulling a r/s in order to dump more shares and further dilute the stock later)- he sacrifices and stays proactive, and that is an edge that will see this stock through to far-better days.
All in all, I wasn't expecting a miracle in the 10Q form, and so I wasn't disappointed. This is penny-land, and GZFX is on a positive forward course. I wasn't really even interested in the numbers in the 10Q- I was looking for insight into how they were addressing consumer and investor concerns, and what their future plans are. I could have tripled my money on this one and moved on, but IMO, there is too much right about this company, to let its growing pains scare me away.

[This message has been edited by Zeker (edited May 28, 2004).]



Posts: 658 | From: Gulf Breeze, Fl 32561 | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Zeker
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You are welcome, Breezer. I placed some links in the GZFX thread on the Micropennystocks forum. They are about Netflix, but should be of interet to you as a holder of GZFX stock. They could also come in handy if you start getting anxious about GZFX.
One thing that interests me most about Gameznflix, is the fact that when Netflix went public, their market cap was around $750 million, which is huge considering the fact that they were over $140 million in the red at that time. GZFX's market cap is currently $53.3 million. That is interesting to me, because while the buying power of Netflix's market cap could do wonders for GZFX, one of the biggest obstacles to a penny stock making it past a dollar/ into the National Market is its multiple (its float versus its profit or loss).
Some other thigns that interest me are:

Netflix had a 8% monthly customer churn rate as of July, 2002, and from what I have read about Netflix, it hasn't gotten any better, and in fact may get worse due to their rate increases and poor customer service. That interests me because those 8%ers understand the concept of online rentals- were interested in its benefits, but for one reason or another, Netflix fell out of favor with them. Hopefully Gameznflix can fill the void that was left by them getting rid of Netflix.
Once the website and server issues are taken care of (Mid-June), and the national ad campaign phase II begins, then GZFX will be able to concentrate its focus on charting out customer demographics and addressing retention and service issues, and also begin setting up more distribution facilities based upon those demographics and concerns.

[This message has been edited by Zeker (edited June 01, 2004).]


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brian2361
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Up pretty nice today. Like to see that.
Posts: 136 | From: Biloxi, MS USA | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
brian2361
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Starting to make another run before the commercials start. A good time to get in. IMHO
Posts: 136 | From: Biloxi, MS USA | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
   

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