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Let's see if Magoo is the real deal, I think that I'm not the only waiting to confirm with PGHI that Magoo did indeed meet with them to talk about a private investment.
No offense but when someone like Magoo shows up on a board to say that he wants to put $3M into a pennystock, that's kind of odd.
quote:Originally posted by tommy: ...No offense but when someone like Magoo shows up on a board to say that he wants to put $3M into a pennystock, that's kind of odd...
My sentiments exactly. We shall see. - Marty
[This message has been edited by m_h13021 (edited January 23, 2004).]
This looks like a great message board to me. Better then the ragingbull which is full of bashers. I have been following this stock for a while, guess its a very good time to buy. Looking forward to see the PPS blew past 0.06 next week.
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Come on man...can't you keep things to your self?
quote:Originally posted by drwright68: would someone please do a google search on 12104 Sherman Way, North Hollywood, CA 91605 the answer lies there...hehehehehehe
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Huh? So you mean that the address you listed has nothing to with PGHI?
quote:Originally posted by drwright68: oops, i cross referenced the Best Bits and Bytes, Inc. ("BBBI") and came up with the address, i'm sorry...my bad.
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This is the part being referenced, however, this is the event mentioned in the October press release IMO.
NOTE 5 SUBSEQUENT EVENTS
On October 13, 2003, the Company entered into a formal agreement with Best Bits and Bytes, Inc. ("BBBI") to receive video games to be used in the Company's rental operations. Under the agreement BBBI receives PGHI stock as payment of the rental fee incurred by the Company for use of BBBI's games library. BBBI is compensated for any games that are lost or damaged in a given month at full retail price. Under the agreement, BBBI is restricted from entering into a similar agreement with any other online video game rental service for the period of one year, the life of the agreement.
The PR: VeeGeeZ.com, a Subsidiary of Point Group Holdings Incorporated, Announces a 37% Increase in Its Available Online Video Game Rental Inventory
SAN DIEGO, CA, Oct. 21, 2003 (MARKET WIRE via COMTEX) -- Point Group Holdings, Incorporated (OTC BB: PGHI) announced that its subsidiary VeeGeeZ.com, LLC of Santa Clarita, CA, an online video game rental company, has begun to establish relationships with its supplier, and already has increased its online inventory by 37 percent in the past week. VeeGeeZ.com provides its subscribers video game rentals via the Internet similar to how Netflix.com provides DVDs to its customers. CEO/President John Fleming states, "PGHI has just begun to provide the necessary tools to VeeGeeZ.com management which we believe will enable our subsidiary in becoming the Netflix of the online video game rental industry. We are pleased with the relationship formed this past week by our management team and even more important being able to let our customers know that we now have all the newest titles available for their rental."
VeeGeeZ.com provides the latest video games, as well as the older classics, for Xbox, PlayStation 2 and GameCube to the approximately 18 million owners of these machines on a monthly subscription basis for a flat monthly fee. The subscriber establish an account, build a queue/list of games they want, VeeGeeZ ships the game(s) by US Mail, and the customer enjoys the games as long as they like. When they finish with the game, they simply return it in the provide mailer to the company and the next games in the queue is mailed.
Point Group Holdings, Incorporated is a holding company which, through its subsidiaries, provides management services to businesses that have an operating history or can substantiate future performance in their respective industries. The Company participates in companies in various fields of business by providing executive-level managerial assistance as well as arranging for and contributing capital investment.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information contact or visit our websites: Equitilink, LLC Ronald Garner, (Investor Relations) 877-788-1940 ron@equitilinkpr.com