posted
Actually, PGHI only HAS about 440 Million shares outstanding. They are AUTHORIZED to issue 900 Mil, but will not. I think a 1:4 reverse would be ok to get on NASD (to get PGHI around 110 Mil), then possibly a 1:2 to really get the O/S reduced (55 Mil).
posted
I know it's in the mid 400's. Someone posted the exact number a few days back, but I can't seem to find it on this thread. There are so many dang posts about PGHI, it's impossible to keep up
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posted
Guys, the O/S don't really matter that much. Take satelite radio for example, you have SIRI at 3.50 and XMSR at 28.00, but they have similar market caps. All they need is a share price over $1.00 to stay listed on naz
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posted
this is a noob question... how hard is it 2 get on the nasdaq and what extra requirements does a comapny like pghi need. is john focusing on getting on the nasdaq once he gets more mainstream?
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lol, I think it matters a little bit XMSR only has 110 mil o/s, so I can see a price of $27 and a market cap of 4 billion. Dunno how the hell SIRI is getting away with it, almost 1 billion o/s w/ 3.4 billion in market cap. Hey, if PGHI goes to 3.4 billion in market cap with 440 million shares, so be it!! I'm sure we'd all be happy with a pps of 7.70!
quote:Originally posted by cabbage22: Guys, the O/S don't really matter that much. Take satelite radio for example, you have SIRI at 3.50 and XMSR at 28.00, but they have similar market caps. All they need is a share price over $1.00 to stay listed on naz
posted
Fozzy you dont understand, they can have 1 million OS or 200 OS, it doesnt really matter, they just need to set the price above $1, and adjust the OS for the price they choose.
Their market cap will stay the same- SIRI XMSR is a perfect example of this
quote:Originally posted by fozzy: lol, I think it matters a little bit XMSR only has 110 mil o/s, so I can see a price of $27 and a market cap of 4 billion. Dunno how the hell SIRI is getting away with it, almost 1 billion o/s w/ 3.4 billion in market cap. Hey, if PGHI goes to 3.4 billion in market cap with 440 million shares, so be it!! I'm sure we'd all be happy with a pps of 7.70!
posted
I know they only need to get to $1 to get listed on NASD, that I agree with. But where I think we are missing viewpoints is in the price per share once it does go on NASD.
For example, NFLX has about 25M OS, with a pps of $62 to equal a cap of 1.5B. There is no way PGHI can hope to reach much past $20 with its current OS level. I mean, let's be realistic. 440M OS * $60 pps (what nflx is at, and we HOPE pghi someday) = 26.4B market cap. C'mon....no way! PGHI would need a helluva lot of revenue to justify that! Even NFLX only brings in 230M w/ their cap of 1.5B. So simple math tells us PGHI should bring in 40B in revenue. Ain't gonna happen. I guess there is no "set" number on how high the market cap can be, but there is a psychological one. No one is gonna pay upwards of $20 for PGHI with that many OS, IMO. They are going to HAVE to reduce shares at some point, whether PGHI buys them back or does a reverse split.
Unless I am just delusional here? Don't get me wrong, I would love to not have a reverse split, but it seems imminent. But you are wracking my brain, cabbage...and all on a Saturday! lol
Fozzy
quote:Originally posted by cabbage22: Fozzy you dont understand, they can have 1 million OS or 200 OS, it doesnt really matter, they just need to set the price above $1, and adjust the OS for the price they choose.
Their market cap will stay the same- SIRI XMSR is a perfect example of this
posted
A reverse split might or might now happen in the future but IMHO I think that at this time, even talking about it is wasting our time.
The number of shares is only significant when it is spoken about relatively to:
1) Shareholder's interest and confidence 2) Present/Future of the current/potential Marketshare of the business
All of that said, at this time we need to concentrate on running the business rather than to obsess about the number of shares or a R/S. I believe that GamezNFlix' management have the R/S question in their business plan and will address it in time. For now they need to build the backbone so that the structure is solid enough to sustain the company if/when we do get to a major index.
posted
That moron on RB posted the CEO's email! I knew that was gonna happen, people always say "oh I promise I won't post it" but there's always one guy who wants to be "cool"!
posted
tommy, i think he got the email from john. he had posted on RB some time ago that he owned 100k of PGHI shares. no need to feel guilty
quote:Originally posted by tommy: That moron on RB posted the CEO's email! I knew that was gonna happen, people always say "oh I promise I won't post it" but there's always one guy who wants to be "cool"!
posted
Tommy...don't feel bad. That guy posted some time ago that he owned 100k on RB. Probably got the email from JF like most of us
quote:Originally posted by tommy: That moron on RB posted the CEO's email! I knew that was gonna happen, people always say "oh I promise I won't post it" but there's always one guy who wants to be "cool"!
posted
I don't feel bad at all, I just can't believe how dumb some people are that's all!
GLTA!
quote:Originally posted by slotplayer: Tommy...don't feel bad. That guy posted some time ago that he owned 100k on RB. Probably got the email from JF like most of us
posted
I just hope the fact that someone posted John's e-mail on a public forum such as RB that it doesn't get in the way of John from sharing information with the shareholders in the future.
My guess is that John probably considered this event as a possibility and chose his words accordingly in his Newsletter/E-mail.
posted
This is exactly why I felt so strongly about the email swapping. There is no telling where it will end up, and who is stupid enough to post the information.
I hope we can keep this type of thing under control next time (if) we're contacted.
posted
There is no reason to get upset or dissapointed, just because the e-mail of CEO has been posted in a public forum.. Are we( the sharesholders of PGHI) a secret organization, so we should hide information from the public? JF simply informed the shareholders about the current & future developements..
"I just hope the fact that someone posted John's e-mail on a public forum such as RB that it doesn't get in the way of John from sharing information with the shareholders in the future." Gonnaplode, why will this discourage JF to communicate with shareholders? If he doesn't want the public to know about any improvements, he wouldn't share that info with ANYBODY..So, I completely agree with your second paragraph...
GL
quote:Originally posted by Gonnaplode: I just hope the fact that someone posted John's e-mail on a public forum such as RB that it doesn't get in the way of John from sharing information with the shareholders in the future.
My guess is that John probably considered this event as a possibility and chose his words accordingly in his Newsletter/E-mail.
posted
There was an MSN board for PGHI that got shut down for posting emails from the CEO, old timers will confirm that fact. PGHI's management got pretty upset and asked that board be shut down. Shareholder info is just that, for shareholders, not for the whole publicto know.
Now, do you understand why it's upsetting to us longs who witnesses all this already in the past? That's why I asked everyone not to post it here or on ANY board!
GLTA!
quote:Originally posted by raven76: There is no reason to get upset or dissapointed, just because the e-mail of CEO has been posted in a public forum.. Are we( the sharesholders of PGHI) a secret organization, so we should hide information from the public? JF simply informed the shareholders about the current & future developements..
"I just hope the fact that someone posted John's e-mail on a public forum such as RB that it doesn't get in the way of John from sharing information with the shareholders in the future." Gonnaplode, why will this discourage JF to communicate with shareholders? If he doesn't want the public to know about any improvements, he wouldn't share that info with ANYBODY..So, I completely agree with your second paragraph...
posted
There are things communicated in private e-mails which pertain to the situation being spoken of. Even though the statements which John Flemming had spoke of seem to be of a general nature it is being directed to a particulal individual to answer directed questions.
The problem here is haveing the general plublic read the statment brings doubts into play depending how one interpets the information.
Everyone wants immediate action to see their stocks go up in value quickly.
That is why traders generally tradeing in the penny stocks want to see immediate results and can draw improper conclusions from such a e-mail.
I have spoken with John Flemming about investing a good amount of cash in either the PPM stock or maybe in an other method.
This conversation is private as it is pertaining to my situation and I would never let anyone else know as to any details which was spoken.
Tommy is right and this person is wrong in posting an e-mail sent to him by the CEO.
Anyone who is a shareholder has the right to contact John Flemming and get answers to their questions but keep it between the shareholders and not outside sources.
The LOI is about a DVD firm and this would indeed mean that they will have a third distribution centre in the country. That news coming out would be huge...
posted
Tommy, here is an idea, next time , whenever you send email of Fleming's to anyone in our board. Use some key words, which Fleming did not use. We can find out exactly, who posted it, cos u know, to whom u sent with waht kew word.
quote:Originally posted by tommy: There was an MSN board for PGHI that got shut down for posting emails from the CEO, old timers will confirm that fact. PGHI's management got pretty upset and asked that board be shut down. Shareholder info is just that, for shareholders, not for the whole publicto know.
Now, do you understand why it's upsetting to us longs who witnesses all this already in the past? That's why I asked everyone not to post it here or on ANY board!
quote:Originally posted by coumars: Tommy, here is an idea, next time , whenever you send email of Fleming's to anyone in our board. Use some key words, which Fleming did not use. We can find out exactly, who posted it, cos u know, to whom u sent with waht kew word.
quote:Originally posted by coumars: Tommy, here is an idea, next time , whenever you send email of Fleming's to anyone in our board. Use some key words, which Fleming did not use. We can find out exactly, who posted it, cos u know, to whom u sent with waht kew word.
posted
It talked to John on the phone about the time this email was floating around and told him I was impressed that no one was posting it on any of the boards. He told me that's because in the past people starting posting things he told them, even quoting him (such as this), so he decided to stop providing the information. That's why everyone knew better.
Well apparently everyone doesn't know better. Obviously this email was so widespread without any consideration of who it was sent to that it got into the hands of someone who either didn't care or didn't know of the potential repurcussions.
Hopefully John will continue to provide info to those of us who ask and/or subscribe to his list.
In the future I suggest we all should direct anyone who wants any private information to John.
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