This is not just a matter of market timing. It is a matter of market manipulation through fraud, deceptive business practices, and collusive activity.

You start by saying many made money and many lost. I disagree. The few who made gads of money did so knowing that they were perpetrating a scheme on an unsuspecting public, the majority of whom lost money.

Further, the management of any corporation is charged with a duty to work for the best interests of those who own it, ie. the shareholders. With that comes a fiduciary responsibility to be honest and work in our best interests not against us.

Tell me, how were we benefitted by their actions, if the allegations are true?

If some one you knew was run over by a reckless driver, maybe they shouldn't have been in the street, but shouldn't the driver be brought to justice? How would you feel if you knew the driver had been aiming for them, trying to run the people over?

This puts the issue in a different light, as I see it.

Bob

PS This will be my last response.

quote:

---

Originally posted by Bob-on-the-golf-course:
The issue I'm most concerned with is that you seem to think this is all OK.

This is not just a matter of market timing. It is a matter of market manipulation through fraud, deceptive business practices, and collusive activity.

You start by saying many made money and many lost. I disagree. The few who made gads of money did so knowing that they were perpetrating a scheme on an unsuspecting public, the majority of whom lost money.

Further, the management of any corporation is charged with a duty to work for the best interests of those who own it, ie. the shareholders. With that comes a fiduciary responsibility to be honest and work in our best interests not against us.

Tell me, how were we benefitted by their actions, if the allegations are true?

If some one you knew was run over by a reckless driver, maybe they shouldn't have been in the street, but shouldn't the driver be brought to justice? How would you feel if you knew the driver had been aiming for them, trying to run the people over?

This puts theissue in a different light, as I see it.

Bob

PS This will be my last response.

---

What say you guys?

Thanks in advance...

My guess is things are going to drift until we see 1) the next 10Q, 2) more info on this lastest development, or 3) a large buyer or seller moves in for whatever reason and moves the price one way or the other.

The price of the stock is about the same place it was 4 months ago, but now we have added dilution, a potential stock scandal, and the addition of Paris Hilton. (The way I count that, it's 2 negatives and 1 positive.)

I see this stock as looking for a direction to go, and when it goes, it may move big. But that could be up or down.

As for me, I watch this stock constantly, but I'm not going to make any moves until I see something that catches my attention.

Anyone else in a wait and see position like me? Or was everyone smart enough to get out lol...

quote:

---

Originally posted by e2brutay75:
Well at this point I am down so much $ in this one... I may as well hold. I'm down about $3000. And Selling at this point would be futile. So I may as see what happens after the vote. Personally I voted against the share increase of course.

Anyone else in a wait and see position like me? Or was everyone smart enough to get out lol...

e2

---

I own almost 350k stocks at an average pps of 1.2 cents..

LOS ANGELES, Aug 5, 2004 /PRNewswire-FirstCall via COMTEX/ -- Warning Model Management Inc. (WNMI) announces today that it held the Special Meeting of Shareholders as planned. Two of the four proposals passed.

Proposal 1 -- Passed: to approve the amendment of the Company's Certificate of Incorporation to increase the authorized number of common stock from 800,000,000 to 2,000,000,000.

Proposal 2 -- Passed: to approve the amendment of the Company's name to Warning Management Services, Inc.

Proposal's 3 & 4 were not passed because the numbers of responded votes did not represent a quorum.

Proposal 3 -- the Company's 2004 Employee Stock Option Plan.

Proposal 4 -- concerning the authorization for the company to issue up to 20,000,000 shares of Preferred Stock.

"The passing of Proposal's 1 & 2 will allow the Company to move swiftly in future dealings and offers a comfortable position for the Company to move forward," said Brian Bonar, Warning's Chairman and CEO.

About Warning Model Management, Inc.

Warning Model Management, Inc. (WNMI) was founded in 1998 and headquartered in Los Angeles, California. WNMI's wholly owned subsidiary Warning: Model Management, llc (WAMM) is a full-service model and talent agency. The focus of Warning Models is to develop and supply both male and female models, for a variety of assignments, including, but not limited to; fashion editorials, product catalogues, personal appearances, newspaper, advertisements, posters, websites, billboards, bus sides, look books and many other media outlets. The company also provides models and actors for all forms of Television and Film work as well as industrial videos. Warning Photography represents some of the world's top photographers. They shoot assignments for magazines and advertising as well as movie posters, album covers and Billboards. Warning Management currently manages the endorsements and product licensing of a select group of high profile celebrities.

Brian Bonar is Chairman of Warning Model Management, Inc. (WNMI) and is also Chairman of two other publicly traded companies, Dalrada Financial Corporation (DRDF) located in San Diego, which provides a variety of professional services related to human resources to businesses, and Quik Pix, Inc. (Pink Sheets: QPIX), a leading visual marketing support firm located in Buena Park, California.

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Dec. 31, 2002, and its subsequent filings with the SEC.

For further information please contact: Brian Bonar, Chief Executive Officer of Warning Model Management, Inc., +1-310-860-9969

SOURCE Warning Model Management, Inc.

Brian Bonar, Chief Executive Officer of Warning ModelManagement, Inc., +1-310-860-9969
http://www.dalrada.com

Copyright (C) 2004 PR Newswire. All rights reserved.

LOS ANGELES, Aug 16, 2004 /PRNewswire-FirstCall via COMTEX/ -- Warning Model Management Inc. (WNMI) announces today that it has retained German legal counsel to handle the removal of WNMI shares from being traded on all German Stock Exchanges.

The Company has been contacted by many shareholders about their concerns of the stock value due to this activity.

"The early investigations of legal counsel have revealed that a total of 120,000 shares have been traded on the German Exchanges," said Brian Bonar, Warning's Chairman and CEO. "Legal Counsel has advised that the best solution is to offer to repurchase the stock at 0.02 Eur per share with the agreement that exchanges will remove WNMI."

There can be no certainty that this proposal will be acceptable. The company will issue a further PR once the conclusion to the proposal has been reached.

About Warning Model Management, Inc.

Warning Model Management, Inc. (WNMI) was founded in 1998 and headquartered in Los Angeles, California. WNMI's wholly owned subsidiary Warning: Model Management, llc (WAMM) is a full-service model and talent agency. The focus of Warning Models is to develop and supply both male and female models, for a variety of assignments, including, but not limited to; fashion editorials, product catalogues, personal appearances, newspaper, advertisements, posters, websites, billboards, bus sides, look books and many other media outlets. The company also provides models and actors for all forms of Television and Film work as well as industrial videos. Warning Photography represents some of the world's top photographers. They shoot assignments for magazines and advertising as well as movie posters, album covers and Billboards. Warning Management currently manages the endorsements and product licensing of a select group of high profile celebrities.

23-Aug-2004

Quarterly Report

Results of Operations

Three Months Ended June 30, 2004 Compared to June 30, 2003

Revenue for the three month period ended June 30, 2004 was $504,893 as compared to $562,133 for the same period in 2003, or a decrease of $57,240 or 10%. The decrease is mainly attributable to a reduction in the company's business from Model fees and Commercial commissions which is a result of a tighter model management market due to poor economic conditions, which led to lower marketing and advertising spending during the period.

Gross profit for the three-month period ended June 30, 2004 was $141,395 as compared to $305,240 for the same period in 2003, or a decrease of $163,845 or 54%. This decrease in gross profit was attributable mainly to the reduction in Model fee revenues and related costs plus the addition of the photography line.

Operating expenses for the three-month period ending June 30, 2004 were $643,233 as compared to $438,303 for the same period in 2003, or an increase of $204,930 or 47%. The increase in operating expense was mainly attributable to the following: 1) an increase in salaries and wages of $ 205,337. The increase in salaries is mainly attributable to a $100,000 bonus payment to Steve Chamberlin, with the remaining increase being from salary and consulting increases.

The decrease in general and administrative expenses for the three month period ending June 30, 2004 was $13,273 and is attributable mainly to a decrease in bad debt expense.
Interest expense was $309,445 for the three-month period ending June 30, 2004, as compared to $123,980 for the same period in 2003 for an increase of $185,465. This increase in interest expense was a mainly attributable to an increase in bond amortization discount of $190,000.

The net (loss) for the Company for the three-month period ended June 30, 2004 was $(763,948) compared to $(254,928) for the year ending June 30, 2003 for an increase of $(509,020) or 200%.

Six Months Ended June 30, 2004 Compared to June 30, 2003

Revenue for the six month period ended June 30, 2004 was $858,843 as compared to $1,027,407 for the same period in 2003, or a decrease of $168,564 or 16% . The decrease is mainly attributable to a reduction in the company's business from Model fees and Commercial commissions, which is a result of a tighter model management market due to poor economic conditions, which led to lower marketing and advertising spending during the period.

Gross profit for the six-month period ended June 30, 2004 was $211,183 as compared to $533,250 for the same period in 2003, or a decrease of $322,067 or 60%. This decrease in gross profit was attributable mainly to the reduction in Model fee revenues and related costs plus the addition of the photography line.

Operating expenses for the six-month period ending June 30, 2004 were $1,696,633 as compared to $1,085,136 for the same period in 2003, or an increase of $611,497 or 56%. The increase in operating expenses were mainly attributable to:
1) an increase in salaries and wages of $222,159 which consisted of the $100,000 bonus to Steve Chamberlin, and increases to other salaries, 2) an increase in rent of $13,459, 3) an increase in general and administrative of $403,022 and4) a decrease in business development of $22,435 due to a decrease in travel and entertainment.

The increase in general and administrative expenses of $403,022 is primarily attributable to an increase in consulting fees of $565,057, an increase in bank service fees of $11,707, an increase in travel of $6,516, an increase in health insurance of $7,520 offset by a decrease in allowance for doubtful account of $154,050 and attorney fees of $41,250. We have been able to pay for the material amount of the consulting services through the issuance of common stock in lieu of cash.

6

Interest expense was $479,198 for the six-month period ending June 30, 2004, as compared to $239,140 for the same period in 2003, for an increase of $240,058 or 100%. The increase in interest expense in 2004 was attributable to a $190,683 increase in bond discount amortization, an increase in bond issuance expense of $19,917, interest of a promissory note to a third party of $36,432 offset by a decrease in factoring interest of $6,974. .

Other income of $51,275 increased $33,727 over the same period the prior year.

The net (loss) for the Company for the six-month period ended June 30, 2004 was $(1,914,323) compared to $(782,431) for the year ending June 30, 2003 for an increase of $(1,131,892) or 145%.

Liquidity and Capital Resources

Six- Months Ended June 30, 2004

Net change in cash used in operating activities for the six-month period ending June 30, 2004 was $(712,291), which mainly consisted of the net loss of $1,914,323 plus the following: 1) gain on forgiveness of debt of $41,780,
2)decrease in prepaid expenses of $31,372, 3) decrease in employee advances of $4,750, 4) decrease in accounts payable and accrued expenses of $27,903, decrease in model reserves of $5,469 offset by 1)an increase in depreciation and amortization of $7,153, 2)an increase in common stock issued for services of $30,000, 3)an increase of expense on warrants granted of $691,875, 4) in increase in bond and warrant discount amortization of $260,647, 5) an increase in accounts receivable trade of $93,469, 6) an increase in advances to models of $78,652, 7)an increase in accrued interest of $118,549 and 8) miscellaneous items amounting to $32,960.

Net cash provided by (used in) investing activities was ($638) and ($2,304) for the six month period ending June 30, 2004 and 2003, respectively. This change is due to a decrease in purchases of property and equipment.

Net cash provided by financing activities was $1,187,005 and $(170,242) for the six month period
ending June 30, 2004 and 2003, respectively, reflecting a change of $1,357,247. This increase was due to the following: 1) the issuance of convertible notes of $810,000, 2) proceeds from the secured line of credit of $312,953, 3) exercise of warrants of $575,625, 4) borrowings under a bank line of credit of $138,221,
5) proceeds from notes payable of $216,000, and advances form shareholders of $29,000 offset by 1) payments on convertible notes of $78,000, 2) payments on secured line of credit of $397,667, 3)payments under the bank line of credit of $38,225, 4) payments on notes payable of $196,000 and 5) payments on advances from shareholders of $60,625.

WNMI's revenues have been insufficient to cover operating expenses. Therefore, WNMI has been dependent on private placements of its common stock and issuance of convertible notes in order to sustain operations. In addition, there can be no assurances that the proceeds from private or other capital will continue to be available, or that revenues will increase to meet WNMI's cash needs, or that a sufficient amount of WNMI's common stock or other securities can or will be sold or that any common stock purchase options/warrants will be exercised to fund the operating needs of WNMI.

Over the next twelve months an addition of $300,000 will be needed to sustain the business. Management is of the opinion that sufficient working capital will be obtained from operations and external financing to meet WNMI's liabilities and commitments as they become payable. WNMI has in the past relied on private placements of common stock securities, and loans from private investors to sustain operations. However, if WNMI is unable to obtain additional funding in the future, it may be forced to curtail or terminate operations.

7

Going-Concern Issues Arising from Recurring Losses and Cash Flow Problems

As shown in the accompanying Financial Statements, the Company has incurred recurring losses
from operations, and as of June 30, 2004 and 2003, the Company's current liabilities exceeded its
current assets by $1,340,319, and its total liabilities exceeded its total assets by $4,334,245. Management has been able obtain additional financing through the issuance of debt. In addition, the Company has instituted more efficient management techniques and continues to attract and add new Models, talent and adding the new line photographers Management believes these factors will contribute toward achieving profitability. The accompanying Financial Statements
do not include any adjustments that might be necessary if the Company is unable to continue as a
going concern. In May 2004, the Company raised $810,000 in cash through the issuance of
convertible notes payable.

Funding Event

On April 23, 2004, WNMI entered into a Subscription Agreement for $810,000, one year convertible debentures; 500,000 to Alpha Capital Aktiengesellschaft, $100,000 to Longview Fund, LP, $100,000 to Ellis International Ltd., and $110,000 to Steve "Sagi" Adirim. There is a 30% premium of $243,000 in the aggregate on these notes. Additionally, in conjunction with these convertible debentures, WNMI issued warrants to purchase WNMI common stock to Alpha Capital Aktiengesellschaft (50,000,000 shares), Longview Fund, LP, (10,000,000 shares), Ellis International, Ltd., (10,000,000 shares), Steve "Sagi" Adirim (11,000,000) and Bi-Coastal Consulting Corporation (10,797,300 shares). The transaction closed on April 23, 2004. The conversion price per share of the above debentures is equal to $.0075. Should the company choose to make the monthly payment in stock in lieu of cash, such common stock will be valued at the lesser of (i) the average closing bid prices of the Common Stock during the 10 day lookback Period immediately preceding the relevant payment due date, or (ii) $.0075 per share. The exercise price of the warrants is $0.025 and they mature in 5 years.

For the rest of it, see:
http://biz.yahoo.com/e/040823/wnmi.ob10qsb.html

Warning! Model Management, Inc. Enters Into Escrow Agreement For the Acquisition of ESI, Inc.
Monday August 30, 7:00 am ET
Staffing company expected to contribute over $12 million in annual revenues

LOS ANGELES, Aug. 30, 2004 (PRIMEZONE) -- Warning Model Management Inc. (OTC BB:WNMI.OB - News) today announced that it has entered into an escrow agreement with Berryman & Henigar Enterprises, current owner of ESI (Employment Systems, Inc.), a California corporation, for Warning's acquisition of ESI. Warning has deposited into escrow the portion of the purchase price payable at closing.
ADVERTISEMENT


Pursuant to the terms of the Escrow Agreement, Warning will have 15 days to complete its due diligence investigation of ESI and conclude the ESI acquisition. Berryman & Henigar, established in 1975, provides municipal management consulting, civil engineering, land surveying, public finance, building safety, asset management, and program and construction management to public agencies.

ESI provides staffing services and business processing services to municipalities and small businesses principally in Southern California.

On an annualized basis, management estimates the revenue contribution from ESI to be $12 million. ``We are certainly very pleased to have the letter of intent in hand and moving forward with the acquisition,'' said Brian Bonar, Warning's Chairman and CEO. ``ESI is expected to provide to us a significant increase in revenues and profits,'' said Bonar. ``We have been aggressively seeking a company like ESI and are very pleased to have found ESI, as they are a perfect fit,'' he added. This acquisition enables Warning to enter the staffing business as part of its strategic plan.

"municipal management consulting, civil engineering, land surveying, public finance, building safety, asset management, and program and construction management to public agencies." ?!?!?!

September 01, 2004 07:00 AM US Central Timezone

Paris Hilton Launches New Jewelry Line Exclusively on Amazon.com

SEATTLE--(BUSINESS WIRE)--Sept. 1, 2004--

  Hilton's First Commercial Product Line is Featured in an Online Boutique that Includes the Entire 10-Piece Collection and Exclusive Content  

Amazon.com, Inc. (Nasdaq:AMZN) today announced the launch of the Paris Hilton Collection, a line of jewelry designed by Paris Hilton and available exclusively at the Amazon.com Jewelry Store. Amazon has created a special Paris Hilton Boutique, www.amazon.com/parishilton, where customers can see photographs of Hilton wearing the designs and detailed product images and descriptions.

"I grew up surrounded by the finest fashion and jewelry designs, and I really wanted to create a line that was beautiful and very high quality, yet affordable and available to everyone," said Paris Hilton. "Amazon.com is the perfect place to launch the line because customers everywhere can shop for it -- whether they live in LA or New York or a very small town. This jewelry is for the heiress in everyone."

The 10-piece collection includes necklaces, earrings, a charm bracelet, an ankle bracelet, a belly chain and a belly bar. Priced from $15 to $95, the designs are crafted from the highest quality sterling silver and set with Swarovski crystals. The line is inspired by Hilton's personal style -- feminine, flirtatious and glamorous -- with heart, star and cross motifs.

"The Paris Hilton Collection is a wonderful addition to the Amazon.com Jewelry Store," said Eric Broussard, Amazon.com's vice president of Jewelry & Watches. "The boutique on Amazon.com offers a blend of entertainment and shopping that customers can't find elsewhere, including beautiful images of Paris wearing the jewelry that could be from the pages of a fashion magazine, as well as a personal video message from Paris."

Renowned fashion photographer and artist Marc Baptiste created the images of Hilton wearing the designs that are now featured in the Amazon.com boutique. Behind-the-scenes video footage of the photo shoot is available for viewing in the boutique, as well as footage of Hilton working in the design studio. Hilton also recorded a personal video message to Amazon.com shoppers who visit the boutique.

Every piece from the Paris Hilton Collection is delivered to customers in Amazon.com's signature midnight-blue velvet jewelry pouches, and includes a keepsake card with a note from Paris Hilton featuring her signature tiara logo. While shopping the Paris Hilton Boutique, customers can also purchase "The Simple Life" DVD and pre-order "Confessions of an Heiress," Hilton's new book slated for release this September. To visit the Paris Hilton boutique at Amazon.com, go to www.amazon.com/parishilton.

On the launch day of her new line in Amazon.com's Jewelry Store, Hilton spoke to reporters from Miami, where she is shooting her latest movie, "National Lampoon's Pledge This!" Her other projects include a prominent role in "House of Wax," a movie from Joel Silver, producer of "The Matrix", and a debut CD slated for release this fall.

Staffing Company Expected to Contribute Over $12 Million in Annual Revenues

LOS ANGELES, Sep 9, 2004 /PRNewswire-FirstCall via COMTEX/ -- Warning Management Services, Inc. (WNMI) today announced that it has completed its acquisition of all of the outstanding shares of capital stock of ESI (Employment Systems, Inc.), a California corporation.

The agreement reached between Berryman & Henigar Enterprises, previous owner of ESI, and Warning Management will allow Warning to establish its position in the temporary staffing industry. "We are very pleased that we are now in a position to expand the acquired company's knowledge with the prospect of becoming a significant player in providing temporary staffing to the entertainment industry," said Brian Bonar, Warning's Chairman and CEO. This acquisition is in keeping with Warning's strategic plan to leverage its resources and diversify into other profitable businesses in the entertainment industry.

ESI provides staffing services and business processing services to municipalities and small businesses principally in Southern California. On an annualized basis, management estimates the revenue contribution from ESI to be $12 million. "ESI is expected to provide to us a significant increase in revenues and profits," said Bonar. "We have been aggressively seeking a company like ESI and are very pleased to announce the completion of this acquisition," he added. Increased revenues for the quarter ending September 30, 2004 will be approximately $750,000. For the quarter ending December 31, 2004 revenues will increase by approximately $3 million.

About Warning Management Services, Inc.

Warning Management Services, Inc. (WNMI) headquartered in Los Angeles, California, was founded in 1998 and is a full-service model and talent agency. The focus of Warning Management Services, Inc. is to develop and supply both male and female models, for a variety of assignments, including, but not limited to; fashion editorials, product catalogues, personal appearances, newspaper, advertisements, posters, websites, billboards, bus sides, look books and many other media outlets. The company also provides models and actors for all forms of Television and Film work as well as industrial videos. Warning Photography represents some of the world's top photographers. They shoot assignments for magazines and advertising as well as movie posters, album covers and Billboards. Warning Management currently manages the endorsements and product licensing of a select group of high profile celebrities.

27-Sep-2004

Change in Assets, Financial Statements and Exhibits

ITEM 2.01 Completion of Acquisition of Assets

On September 21, 2004, Warning Management Services, Inc, ("WNMI"), formerly Warning Model Management, Inc., received the final documents from Berryman & Henigar Enterprises, a Nevada corporation, for the purchase of all the outstanding shares of Employment Systems, Inc ("ESI"). a California corporation. The acquisition was secured by a purchase price of $1,500,000 of which $750,000 was a cash payment and the remaining $750,000 was paid in the form of a promissory note payable in 12 equal installment of $60,000 and a final payment of $30,000 on the 13th month. In addition to purchasing the outstanding shares, WNMI received all the assets owned or leased by ESI and used in the business and certain liabilities of ESI.

9/27/2004 9:30:00 AM

LOS ANGELES, Sep 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- Warning Management Services, Inc. ( WNMI ) announces today that NASDAQ will complete name change today, symbol to remain the same.

The company makes this release to clarify the ambiguity surrounding our stock symbol and name change, raised by our shareholders.

Additionally Warning filed the 8-K regarding the previously announced acquisition of ESI, now being completed in full.

About Warning Management Services, Inc.

Warning Management Services, Inc. ( WNMI ) was founded in 1998 and headquartered in Los Angeles, California. WNMI's wholly owned subsidiary Warning: Model Management, Inc. (WAMM) is a full-service model and talent agency. The focus of Warning Models is to develop and supply both male and female models, for a variety of assignments, including, but not limited to: fashion editorials, product catalogues, personal appearances, newspaper, advertisements, posters, websites, billboards, bus sides, look books and many other media outlets. The company also provides models and actors for all forms of Television and Film work as well as industrial videos. Warning Photography represents some of the world's top photographers. They shoot assignments for magazines and advertising as well as movie posters, album covers and billboards. Warning Management currently manages the endorsements and product licensing of a select group of high profile celebrities.

Brian Bonar is Chairman of Warning Management services, Inc. ( WNMI ) and is also Chairman of two other publicly traded companies, Dalrada Financial Corporation ( DRDF ) located in San Diego, which provides a variety of professional services related to human resources to businesses, and Quik Pix, Inc. (Pink Sheets: QPIX), a leading visual marketing support firm located in Buena Park, California.

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company's success are more fully disclosed in the Company's most recent public filings with the U.S. Securities and Exchange Commission ("SEC"), including its annual report on Form 10-K for the year ended Dec. 31, 2002, and its subsequent filings with the SEC.

For further information, please contact Brian Bonar, Chief Executive Officer of Warning Management Services, Inc., +1-310-860-9969.

SOURCE Warning Management Services, Inc.

Brian Bonar, Chief Executive Officer of Warning Management
Services, Inc., +1-310-860-9969
(DRDF WNMI QPIX)

for some unknown reason i never sold it. suppose i have some hope for it's future- it's not like the agency is going to go out of business- so it's just money that sits there. less money than it was for sure, but like i said the company ain't closing.

side note on that-
i asked a few of my friends who are pictured on the Warning website as models they represent. Ok, maybe it's just the selection of models I asked, but there was a general consensus...
none of the girls i asked is really working through them. in other words, they are "with" them, but not getting work. In warning's defense, there isn't a lot of work to be had in LA and they can't book NY work cuz most of their models already have NY agencies.

and what disturbed me more is that a couple of the girls said they were told they couldn't work til they lost weight. these are size 4/6 healthy girls. so i guess warning is going for that ultra-thin feed-me editorial look...

~BB

[edit: cant type need coffee]

quote:

---

Originally posted by betting babe:
so, the answer is yes, i am still holding this one (whiz asked me in the Q forum)...

for some unknown reason i never sold it. suppose i have some hope for it's future- it's not like the agency is going to go out of business- so it's just money that sits there. less money than it was for sure, but like i said the company ain't closing.

side note on that-
i asked a few of my friends who are pictured on the Warning website as models they represent. Ok, maybe it's just the selection of models I asked, but there was a general consensus...
none of the girls i asked is really working through them. in other words, they are "with" them, but not getting work. In warning's defense, there isn't a lot of work to be had in LA and they can't book NY work cuz most of their models already have NY agencies.

and what disturbed me more is that a couple of the girls said they were told they couldn't work til they lost weight. these are size 4/6 healthy girls. so i guess warning is going for that ultra-thin feed-me editorial look...

~BB

[edit: cant type need coffee]

[This message has been edited by betting babe (edited September 27, 2004).]

---

Thanks for your answer! My belief is WNMI may have to go for some more rough weather before things begin looking up. Good luck to you on this one

LOS ANGELES, Sept. 28 /PRNewswire-FirstCall/ -- Warning Management Services, Inc. (OTC Bulletin Board: WNMI - News) announces today that Marc Baptiste, of Warning Photo, shot three new Paris Hilton jobs.

Warning Photo, a division of Warning Management Services, Inc., is proud to announce Marc Baptiste has completed shooting three new jobs for Paris Hilton. These include the cover of the prestigious British Elle magazine, a new advertising campaign for online giant Amazon.com and a campaign to launch Paris' own fragrance, called "Heiress."

"We are very pleased with the visibility and prestige of these new jobs for Paris," says Brian Bonar. "Coupled with the photographic expertise of Marc Baptiste, these new jobs will heighten the awareness of both Paris and Marc, ultimately furthering Warning Management Services, Inc.'s presence within our industry," Bonar added.

LOS ANGELES, Sep 29, 2004 /PRNewswire-FirstCall via COMTEX/ -- Warning Management Services, Inc. (WNMI) announces today that it has added the prominent children's photographer Kymberly Marciano to its Warning Photo's roster.

Following a successful ten-year career as a fashion model and drawing from a diverse and worldly childhood in both the United Stated and Europe, Kymberly Marciano has found her true passion in photography. Raised in an artistic family, her father an architect and mother a painter, her knowledge of the creative industry is apparent in her meticulous eye for detail and imagery. A mother of two, her affection for children and motherhood translates into her photography as well as her clients' needs. Her incredible taste and vision is constantly growing, yet never compromising her artistic integrity.

Over the past two years she has lent her talent to such prestigious advertising campaigns as 2005 Ralph Lauren campaign shot in Nantucket and the Guess kid's campaign for the past 2 years. Her editorials have appeared in the Avant Garde: "Kidswear and Vogue Bambini."

Warning Photo currently represents Marc Baptiste, Brian Bowen Smith, Randall Slavin and Olaf Heine.

"With more talented photographers joining our team, we are anticipating great things," says Brian Bonar. "Warning Photo roster is becoming a force to be reckoned with," Bonar added.

About Warning Management Services, Inc.

Warning Management Services, Inc. (WNMI) was founded in 1998 and headquartered in Los Angeles, California. WNMI's wholly owned subsidiary Warning: Model Management, Inc. (WAMM) is a full-service model and talent agency. The focus of Warning Models is to develop and supply both male and female models, for a variety of assignments, including, but not limited to: fashion editorials, product catalogues, personal appearances, newspaper, advertisements, posters, websites, billboards, bus sides, look books and many other media outlets. The company also provides models and actors for all forms of television and film work as well as industrial videos. Warning Photography represents some of the world's top photographers. They shoot assignments for magazines and advertising as well as movie posters, album covers and billboards. Warning Management currently manages the endorsements and product licensing of a select group of high profile celebrities.

gee, think Warning could bring in some NEW business??!