posted
m_h... was trying to figure out who you were talking too... i think betn understands now... He may have made a statement rather than asked a question... but i do think he understands the importance of fullfillment and timeliness... With growth expectations... and customer retention... you need to think ahead and be ready for growth. Good luck. mach
quote:Originally posted by m_h13021: "I am not buying that it was to reach their eastern subscribers."
As a subscriber it takes between 4-5days time to send/receive a game. Now, with that information you might want to rethink the validity of your statement. I am all for it.
I guess Netflix having 23 distribution centers does not give VeeGeez's plan any merit either?
Netflix Shipping Centers: -Twenty shipping centers nationwide. -Shipping centers serving metropolitan areas in Atlanta, Boston, Chicago, Dallas, Denver, Detroit, Fort Lauderdale, Houston, Los Angeles, Minneapolis, New York, Newark, Philadelphia, Phoenix, Portland, San Jose, Seattle, St. Louis, Stamford, and Washington, D.C. -Netflix reaches more than half of its subscribers with generally next-day delivery. By year-end 2003, Netflix expects to reach more than 70 percent of its subscribers with generally next-day delivery. -The efficiency of these shipping centers - most are no more than 8,000 square feet - is driven by proprietary software that enables a lean crew to process and ship a daily average volume of between 5,000 and 30,000 discs a day. http://www.netflix.com/PressRoom?id=5206
quote:Originally posted by machtabow2: m_h... was trying to figure out who you were talking too... i think betn understands now... He may have made a statement rather than asked a question... but i do think he understands the importance of fullfillment and timeliness... With growth expectations... and customer retention... you need to think ahead and be ready for growth. Good luck. mach
Posts: 666 | From: Snohomish County | Registered: Nov 2003
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Now that I gave you my opinion. Could you answer me why you have doubts in PGHI's motive to move to TN? I mean, maybe I am not looking at all the possible reasons, good or bad. I took you statement as "not buying", as along the nature of - there is something fishy going on here -. Yes? No? Could you just elaborate on this. Thank you. -
posted
PSU.. nice to hear from you again... yes... i see this gradually strengthing ... The "Bulls" are beginning to "Seize Control" here once again. The great thing is that we are still trading in oversold territory. mach
quote:Originally posted by PSU90: Well, I had some cash come free today (not by choice....was stopped out when GOAM tanked while I was out of the office).
Will be looking to add here on Monday to make up for the GOAM loss. I've got a big position already, but its hard to pass up.
posted
Mach....you know what I just thought about looking at your post.......have you been counting shares like the last time? You hit it almost dead on. Would love to see if that method worked again!
Gotta run for now. Going out for dinner. I'll be back online tonight.
PSU
quote:Originally posted by machtabow2: PSU.. nice to hear from you again... yes... i see this gradually strengthing ... The "Bulls" are beginning to "Seize Control" here once again. The great thing is that we are still trading in oversold territory. mach
posted
Mach, Sorry I am late on replying to this - was away from the computer. I agree with you 100%. I am also a positive person and really appreciate your input. I visited that other thread and see that it is a bickering atmosphere. Thanks again for your enthusiasim and willingness to share. chill
quote:Originally posted by machtabow2: Regarding Sunny...
In case anyone visiting and posting on this thread may wonder why I asked poster "Sunny" to leave and start another PGHI thread to interact with members of the board that would "enjoy" conversations with him.
I am a very opened minded individual. And I do in fact respect the opinions of all indivduals. What I did realize quickly upon seeing this member begin to post on the previous PGHI thread was unnecessary remarks... that envoked unnecessary "bickering" on the thread. It began to give me the "feel" of being on raging bull. After literally over 1000 pleasant and "open-minded" messages discussing PGHI and it's "positives and negatives" without such a "negative" atmosphere... it was a sincere disappointment to me to see one individual "corrupt" the atmosphere by making statements such as "pump & dump"... questioning the validity of "tech analysis" and so forth. Rather than concentrating our discussions on PGHI... it was quickly becoming an unnecessary "battleground"... which im sure will continue on that particular thread.
Maybe it's my personality... but I truly in life have enjoyed surrounding myself with intelligent, open-minded positive indivduals. This does not necessarily mean individuals that are always "bullish" for example... but rather individuals that are "positive" and look for "positives" in every situation. I've found it difficult at times to interact with individuals that make strong "negative" remarks that are simply unsubstantiated.
I personally have enjoyed our intelligent conversations and analysis of PGHI and GamezNFlix... the market... the business model and so forth. I will continue to do so as we move forward.
Let me know what your thoughts are on this... if you want...
posted
First of all its KY not TN…..second…..I am not going to answer that question because all I have is some negative news and some doubts about the long term health of the company…and everything I know is also known by everyone else here. No reason to kick a dead horse.
I have talked to the guys at VeeGeez and equitlink (sp?), and I am concerned about the very long term. No one can predict what will happen in the years to come with one company, although the industry is booming and PGHI does have access to money more easily then competitors.
That said, I love the short term potential of the company when I take into consideration the tech analysis I know. It was a good pic by mach….if I recall it was mach that picked it. The new website should really give us a boost. It’s the only stock I ever bought that has me thinking more about how much money I will make in profit, rather then am I going to lose money.
Furthermore, I have learned more about tech analysis and how to buy and sell then anywhere else. I enjoy reading all your posts, its been a great learning experience…lets just not get caught in the frog in boiling water syndrome.
“Protect Your Principle”
quote:Originally posted by m_h13021: BetNitAll,
Now that I gave you my opinion. Could you answer me why you have doubts in PGHI's motive to move to TN? I mean, maybe I am not looking at all the possible reasons, good or bad. I took you statement as "not buying", as along the nature of - there is something fishy going on here -. Yes? No? Could you just elaborate on this. Thank you. -
[This message has been edited by BetNitAll (edited December 19, 2003).]
Posts: 666 | From: Snohomish County | Registered: Nov 2003
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posted
Thanks Chill... We are all on the same team here. Regards, Mach
quote:Originally posted by chill: Mach, Sorry I am late on replying to this - was away from the computer. I agree with you 100%. I am also a positive person and really appreciate your input. I visited that other thread and see that it is a bickering atmosphere. Thanks again for your enthusiasim and willingness to share. chill
posted
[QUOTE]Originally posted by BetNitAll: [B]First of all its KY not TN…..second…..I am not going to answer that question because all I have is some negative news and some doubts about the long term health of the company…and everything ......
Hmmm, OK fair enough! Looking for your opinion, but understood. Thanks for your response. - Marty
posted
Yes... you are correct. Common sense I would think. Thanks herm... mach
quote:Originally posted by herm: with 1000 game titles doesnt mean they only have one copy of each game title... im pretty sure they have multiple copies of each title...
posted
Don't particularily care for Americanbulls computer generated recommendations based on candlesticks... but it is consistent with our indications that the bears are weakening and the "Bulls are "Seizing Control"....
From Americanbulls Today a Spinning Top formed. Both the bulls and the bears were active during the session. Even though the session opened and closed with little change, prices moved significantly higher and lower in the mean time. Be careful, this indicates weakness among the bears and a potential change or interruption in the current trend!
These are the top 3 companies renting vidoes online. The traffic to the site has taken VeeGeeZ from an Alexa ranking of 559,831 3 months ago to 167,331 at present time. At this rate they should be into the top 100,000 websites on the web by the end of Jan. 2004 and if my calulations are correct they should hit top 55,000 websites by May 2004.
posted
That's a pretty impressive forecast PB. That certainly would help to both increase our subscriber and investor awareness. Haven't seen you on this board for a while. Thanks again! mach
quote:Originally posted by pbwizard: Here is something of interest.
List of companies that rent videos and there traffic stats
These are the top 3 companies renting vidoes online. The traffic to the site has taken VeeGeeZ from an Alexa ranking of 559,831 3 months ago to 167,331 at present time. At this rate they should be into the top 100,000 websites on the web by the end of Jan. 2004 and if my calulations are correct they should hit top 55,000 websites by May 2004.
posted
The following summary was posted by a non-registered member on another board. It's a great read. Enjoy! mach
On September 26, 2003 Point Group Holdings Inc. (OTC BB: PGHI) announced that it had successfully acquired Veegeez.com, LLC of Santa Clarita, CA, an online video game rental company. Veegeez.com provides its subscribers video game rentals via the Internet similar to how NetFlix.com provides DVD's to its customers.
On December 11, 2003, Point Group Holdings Inc. filed form PRE-14C with the US SEC. The PRE-14C is essentially a petition by the company's board of directors to amend the Articles of Incorporation of the Company to change the name of the Company to "GamezNFlix, Inc." The Company received the consent of a majority of the outstanding shares of Common Stock of the Company for this action under a definitive Proxy Statement filed on November 20, 2003. An Information Statement describing this action will be sent on or about December 15, 2003 to the Company's stockholders of record who have not been solicited for their consent of this corporate action.
On December 9, 2003 Point Group Holdings, Inc. announced that its corporate headquarters is relocating from San Diego, California, to Franklin, Kentucky. The move is scheduled to take place during the last weeks of December. The relocation is part of the planned opening of PGHI's (soon to be GamezNFlix Inc.) subsidiary VeeGeeZ.com. The addition of the new distribution center for VeeGeeZ in Franklin, Kentucky will provide the company with distribution centers on both the east and west coasts of the United States. In support of the “Bi-Coastal Distribution Centers” VeeGeeZ has a focused effort to increase its online inventory and recently announced that inventory was increased by 37 percent.
VeeGeeZ.com, LLC announced previously that it has signed a contract with Venture Direct Worldwide of New York to handle its online marketing campaign. The experienced staff of Venture Direct Worldwide and VeeGeeZ management has developed a marketing plan to assist the company in moving to the next level. Venture Direct's Online Services Group offers a comprehensive range of media, including online lead generation, co-registration, contextual advertising and other web based ad formats, opt-in email, search marketing, and other customized online opportunities, backed by 10 years of online marketing experience, and more than 20 years of direct marketing industry leadership. The agreement with Venture Direct Worldwide for marketing represents an important step forward in the execution of our business model and I look forward to seeing good results.
On October 28th, 2003 VeeGeeZ.com, LLC awarded its new website design to Roy Vella, Web & Print Design Service (www.RoyVella.com). "The signing of this contract represents another phase of VeeGeeZ.com's business plan to provide enhanced services to its customers. In addition, the new design will not only meet our current video game rental customer base it will setup our expansion into the DVD rental world". I anticipate that the new website will be launched late in December 2003.
I believe that with the addition of a second distribution center on the east coast (New Company Headquarters), continued growth in video game inventory along with the successful launch of a US marketing campaign and website interface, that the company has made major steps toward implementing its’ business plan and to add shareholder value.
posted
This sounds very good. I can't wait to see the advertising in full swing. Well, I am off to work....have a great weekend everyone. looking forward to next week
quote:Originally posted by pbwizard: Here is something of interest.
List of companies that rent videos and there traffic stats
These are the top 3 companies renting vidoes online. The traffic to the site has taken VeeGeeZ from an Alexa ranking of 559,831 3 months ago to 167,331 at present time. At this rate they should be into the top 100,000 websites on the web by the end of Jan. 2004 and if my calulations are correct they should hit top 55,000 websites by May 2004.
Posts: 666 | From: Snohomish County | Registered: Nov 2003
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posted
been working on some new projects that are eating away at my time but took some time to check veegeez traffic ranking. VeeGeeZ has 1000 titles but what no one has reported was how many of each title do they have. I seen somewheres and I can't remember and I will research to find is back in Dec.2002 they had around 400 members but no reports since then.
quote:Originally posted by machtabow2: That's a pretty impressive forecast PB. That certainly would help to both increase our subscriber and investor awareness. Haven't seen you on this board for a while. Thanks again! mach
posted
The company is moving from the West Coast to Kentucky because of their subscribers on the East coast. Someone said they couldn't understand why. The first reason, Kentucky is more centrally located in the Continental US than the West coast. An East coast subscriber orders a game and it takes 4 - 5 days to arrive from California. But only 2 days from Kentucky, and the same 2 days to the West coast.
The second reason is pure conjecture on my part, but this is a new company and they are looking for tax breaks, cheaper operating costs, lower labor costs, etc. And I can assure you they will get all that and more in Kentucky. Doing business in California, especially right now with all their money problems, is a nightmare for a fledgling company. IMO, once the company takes off, as I am sure it will, they will have distribution centers all over the country, just like Netflix does. I live in Oregon and have been a Netflix customer for over 18 months now. When I first signed on, it took an average of 3 days to get a DVD delivered, and the distribution point was in Washington State, a few hundred miles away. Four months ago they opened a new distribution center in Salem, Oregon, just 25 miles up the road. I put a DVD in the mail on Monday and on Wednesday I have the next one in my mailbox. The point is, it takes time to build up to that, and by moving to Kentucky they can cut down on the amount of time for games-n-flix to reach their customers.
That is the way I see it. It just seems to make sense to me.
Walt
Posts: 178 | From: Albany, OR USA | Registered: Oct 2003
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posted
Wow... Cabbage.. thanks for clarifying that with me... looks like those signals could be accurate after all... Lets see how it plays out ... i hope nobody here has stop loses in places... they could have their shares taken from them pretty quick and be forced to buy back in at a higher price. Thanks again. mach
quote:Originally posted by cabbage22: If the MM signals hold true, this forecast is dead on balls accurate (my cousin vinnie). There were two 300's right before the close
300's are take price down to get shares
The candlestick analysis from american bulls is correct, and is a good way to assist you in making trades, not a sole reason to buy though.
posted
What they have with respect to inventory and members is minimally important to me today. There is no doubt in my mind that with the new site, distribution center and "elite" market agent... that subscriptions will increase dramatically... As I invest here... I am looking 6 months down the road. Thanks PB.
*** Future's so Bright *** mach
quote:Originally posted by pbwizard: been working on some new projects that are eating away at my time but took some time to check veegeez traffic ranking. VeeGeeZ has 1000 titles but what no one has reported was how many of each title do they have. I seen somewheres and I can't remember and I will research to find is back in Dec.2002 they had around 400 members but no reports since then.
Look at VeeGeeZ traffic past show PGHI is on the ball. Dec. 2002 VeeGeeZ traffic was 987,673 when they acquired VeeGeeZ the traffic was almost unchanged. Now VeeGeeZ is ranked 167,331 in the short time they have owned VeeGeeZ. WOW!!
quote:Originally posted by machtabow2: The following summary was posted by a non-registered member on another board. It's a great read. Enjoy! mach
On September 26, 2003 Point Group Holdings Inc. (OTC BB: PGHI) announced that it had successfully acquired Veegeez.com, LLC of Santa Clarita, CA, an online video game rental company. Veegeez.com provides its subscribers video game rentals via the Internet similar to how NetFlix.com provides DVD's to its customers.
On December 11, 2003, Point Group Holdings Inc. filed form PRE-14C with the US SEC. The PRE-14C is essentially a petition by the company's board of directors to amend the Articles of Incorporation of the Company to change the name of the Company to "GamezNFlix, Inc." The Company received the consent of a majority of the outstanding shares of Common Stock of the Company for this action under a definitive Proxy Statement filed on November 20, 2003. An Information Statement describing this action will be sent on or about December 15, 2003 to the Company's stockholders of record who have not been solicited for their consent of this corporate action.
On December 9, 2003 Point Group Holdings, Inc. announced that its corporate headquarters is relocating from San Diego, California, to Franklin, Kentucky. The move is scheduled to take place during the last weeks of December. The relocation is part of the planned opening of PGHI's (soon to be GamezNFlix Inc.) subsidiary VeeGeeZ.com. The addition of the new distribution center for VeeGeeZ in Franklin, Kentucky will provide the company with distribution centers on both the east and west coasts of the United States. In support of the “Bi-Coastal Distribution Centers” VeeGeeZ has a focused effort to increase its online inventory and recently announced that inventory was increased by 37 percent.
VeeGeeZ.com, LLC announced previously that it has signed a contract with Venture Direct Worldwide of New York to handle its online marketing campaign. The experienced staff of Venture Direct Worldwide and VeeGeeZ management has developed a marketing plan to assist the company in moving to the next level. Venture Direct's Online Services Group offers a comprehensive range of media, including online lead generation, co-registration, contextual advertising and other web based ad formats, opt-in email, search marketing, and other customized online opportunities, backed by 10 years of online marketing experience, and more than 20 years of direct marketing industry leadership. The agreement with Venture Direct Worldwide for marketing represents an important step forward in the execution of our business model and I look forward to seeing good results.
On October 28th, 2003 VeeGeeZ.com, LLC awarded its new website design to Roy Vella, Web & Print Design Service (www.RoyVella.com). "The signing of this contract represents another phase of VeeGeeZ.com's business plan to provide enhanced services to its customers. In addition, the new design will not only meet our current video game rental customer base it will setup our expansion into the DVD rental world". I anticipate that the new website will be launched late in December 2003.
I believe that with the addition of a second distribution center on the east coast (New Company Headquarters), continued growth in video game inventory along with the successful launch of a US marketing campaign and website interface, that the company has made major steps toward implementing its’ business plan and to add shareholder value.
You "hit the nail on the head." These are all good signs. Fast accurate fullfillment is necessary to have happy customers. Happy customers is necessary for customer retention. Customer retention means a growing company... After all it's harder to find a new customer than too keep an existing customer. Finally, this all means greater shareholder value. Makes sense to me. Can not wait until we have 20 distribution centers across the USA. mach
quote:Originally posted by newstockpicker: The company is moving from the West Coast to Kentucky because of their subscribers on the East coast. Someone said they couldn't understand why. The first reason, Kentucky is more centrally located in the Continental US than the West coast. An East coast subscriber orders a game and it takes 4 - 5 days to arrive from California. But only 2 days from Kentucky, and the same 2 days to the West coast.
The second reason is pure conjecture on my part, but this is a new company and they are looking for tax breaks, cheaper operating costs, lower labor costs, etc. And I can assure you they will get all that and more in Kentucky. Doing business in California, especially right now with all their money problems, is a nightmare for a fledgling company. IMO, once the company takes off, as I am sure it will, they will have distribution centers all over the country, just like Netflix does. I live in Oregon and have been a Netflix customer for over 18 months now. When I first signed on, it took an average of 3 days to get a DVD delivered, and the distribution point was in Washington State, a few hundred miles away. Four months ago they opened a new distribution center in Salem, Oregon, just 25 miles up the road. I put a DVD in the mail on Monday and on Wednesday I have the next one in my mailbox. The point is, it takes time to build up to that, and by moving to Kentucky they can cut down on the amount of time for games-n-flix to reach their customers.
That is the way I see it. It just seems to make sense to me.
posted
Correction They are opening a new dist. not moving. They still has the CA open and have no plans on closing. Just wanted to point this out.
quote:Originally posted by newstockpicker: The company is moving from the West Coast to Kentucky because of their subscribers on the East coast. Someone said they couldn't understand why. The first reason, Kentucky is more centrally located in the Continental US than the West coast. An East coast subscriber orders a game and it takes 4 - 5 days to arrive from California. But only 2 days from Kentucky, and the same 2 days to the West coast.
The second reason is pure conjecture on my part, but this is a new company and they are looking for tax breaks, cheaper operating costs, lower labor costs, etc. And I can assure you they will get all that and more in Kentucky. Doing business in California, especially right now with all their money problems, is a nightmare for a fledgling company. IMO, once the company takes off, as I am sure it will, they will have distribution centers all over the country, just like Netflix does. I live in Oregon and have been a Netflix customer for over 18 months now. When I first signed on, it took an average of 3 days to get a DVD delivered, and the distribution point was in Washington State, a few hundred miles away. Four months ago they opened a new distribution center in Salem, Oregon, just 25 miles up the road. I put a DVD in the mail on Monday and on Wednesday I have the next one in my mailbox. The point is, it takes time to build up to that, and by moving to Kentucky they can cut down on the amount of time for games-n-flix to reach their customers.
That is the way I see it. It just seems to make sense to me.
posted
Wow is an understatement. Wait for the explosion when the new site is up! I keep on telling people... We are in on the ground floor here. This is only the beginning. I get very excited the more I read and the more I learn... and of course thanks to the great DD on this board. mach
quote:Originally posted by pbwizard: mach
Look at VeeGeeZ traffic past show PGHI is on the ball. Dec. 2002 VeeGeeZ traffic was 987,673 when they acquired VeeGeeZ the traffic was almost unchanged. Now VeeGeeZ is ranked 167,331 in the short time they have owned VeeGeeZ. WOW!!
posted
Betinit, i thin you are mistakking 1000 titles with 1000 games they have many copies of each title.
quote:Originally posted by BetNitAll: The 1000 games comes from a personal email I, as well as others received from VeeGeez. Email them and ask them how many games they have. They have over 1000 game titles.
Also, as far as the under 1000 subscribers, that’s an educated guess. Look at previous releases and do some math….and also look at in/out of stock ratio.
Mach … I hope all this planning turns into something GREAT. It is a good idea to have more then one distribution center if you have thousands of games. Maybe they are planning on a huge buying spree…. More then what they are telling us
[This message has been edited by BetNitAll (edited December 19, 2003).]
[This message has been edited by BetNitAll (edited December 19, 2003).]
Posts: 220 | From: San Marcos, Texas, usa | Registered: Dec 2003
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posted
I don't think we need to worry about how many games/game titles they have at the momment. Once their subscriber base grows they will obviously add more games/titles. I sure it doesn't take long to add more games to their inventory, game publishers will be all over this company when it begins to advertise and grow.
quote:Originally posted by drwright68: Betinit, i thin you are mistakking 1000 titles with 1000 games they have many copies of each title.
[This message has been edited by Moose (edited December 20, 2003).]
posted
This is true. It doesn't take too long to add games. And, I do understand better why they are moving to KY...if people's opinions are right that is. And it does make sence....cheaper labor, more central location...thanks for all the responses.
Don't know about everyone else, but I am really looking forward to the new site...Get all excited just thinking about it....hoping that the subscriber rate kept growing at that 30%-40% rate.
quote:Originally posted by Moose: I don't think we need to worry about how many games/game titles they have at the momment. Once their subscriber base grows they will obviously add more games/titles. I sure it doesn't take long to add more games to their inventory, game publishers will be all over this company when it begins to advertise and grow.
[This message has been edited by Moose (edited December 20, 2003).]
Posts: 666 | From: Snohomish County | Registered: Nov 2003
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posted
You have to be really careful with reading traffic rankings since it is all relative. It is not necessarily an accurate measure of a site's popularity. (traffic could be the same one week but if 100 others dropped, your ranking goes up.)
The two metrics on Alexa's report that should really mean anything to us are reach per million users and pageviews per user.
Reach Per Million users measures the number of internet users who visit a site per 1M that go online during a given time period. 3 Month average for the three: Gamefly: 93.5 GoVojo: 19.5 Veegeez: 4.5 Netflix for comparison: 2,020
Pageviews Per User measures the number of pages each unique user views per visit. This shows us whether users are actually staying and browsing the site or just leaving right away. Gamefly: 6.2 GoVojo: 6.5 Veegeez: 4.5 Netflix for comparison: 7.9
I think this gives us a more accurate picture of where Veegeez stands.
quote:Originally posted by pbwizard: Here is something of interest.
List of companies that rent videos and there traffic stats
These are the top 3 companies renting vidoes online. The traffic to the site has taken VeeGeeZ from an Alexa ranking of 559,831 3 months ago to 167,331 at present time. At this rate they should be into the top 100,000 websites on the web by the end of Jan. 2004 and if my calulations are correct they should hit top 55,000 websites by May 2004.