posted
Wow and I thought I was the most negative person on this board. Crashline, you think they dumped 9 billion shares. I doubt they dropped nearly that many. So, there is 1.2 b now if they put just 100m that should bring our stock down 10% If they put anymore than that in o/s I doubt I will be touching this stock for a long time. 10 billion shares would make this stock completely worthless. It would go from .01 to .001 And thats not including ppl selling out thats just what the value of the stock should be. There is (I believe) no way gzfx would kill their stock like. Management would piss millions of $$$ of their own money away. Well, just have to wait and see for the quarterly, but I just hope ppl aren't staying in this stock hoping that the quarterly is going to bring the $ back up.
Posts: 671 | Registered: Nov 2005
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quote:Originally posted by Mysticobra96: Wow and I thought I was the most negative person on this board. Crashline, you think they dumped 9 billion shares. I doubt they dropped nearly that many. So, there is 1.2 b now if they put just 100m that should bring our stock down 10% If they put anymore than that in o/s I doubt I will be touching this stock for a long time. 10 billion shares would make this stock completely worthless. It would go from .01 to .001 And thats not including ppl selling out thats just what the value of the stock should be. There is (I believe) no way gzfx would kill their stock like. Management would piss millions of $$$ of their own money away. Well, just have to wait and see for the quarterly, but I just hope ppl aren't staying in this stock hoping that the quarterly is going to bring the $ back up.
I mostly agree with what you are saying. However, you, on several occasions, said they would report dilution to the tune of 3 billion OS when the quarterly was released.
Secondly, GZFX has no control over the amount of dilution. They aren't selling their own shares to fund the company, they are selling them as required to GGI. So if they owed a payment of $100K, they would sell at market value as many shares necessary to pay it. There's a hell of a lot of difference selling it at .023 than at .008.
So what I was saying is that IF this drops below a penny and stays there, it's going to be even harder to get up to .01 again because MORE shares are going to be sold.
-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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posted
The one thing that I am unsure on, and if someone else knows, please post the source. Is the deal with GGI an "as necessary" funding, or did they already get the money?
Example, GGI gives GNF a line of credit equal to $2 million. GNF sees the opportunity to buy Gamechoice inventory and dips in to the credit. The amount of money is then issued to Gamechoice in shares.
OR
GGI gave GNF $2 million in exchange for shares and can be sold at any time.
-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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posted
I bought this stock before it was called gzfx in Feb 2004 and rode it up to over .17 by the summer of 2004 than as all pinks do wham dillution. So now we start again. While the deal with CC is in the works it seems to me gzfx would wnat the PPS as high as possible
The major thang that worrys me is thier service. Bad service means cancellations and neg feedback to CC. I signed up for a real membership last Wed and got the movie today. If John (cheers) is reading this I would recommed a more expensive type of postage a least untill things are up an sealed
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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quote:Originally posted by Mysticobra96: Wow and I thought I was the most negative person on this board. Crashline, you think they dumped 9 billion shares. I doubt they dropped nearly that many. So, there is 1.2 b now if they put just 100m that should bring our stock down 10% If they put anymore than that in o/s I doubt I will be touching this stock for a long time. 10 billion shares would make this stock completely worthless. It would go from .01 to .001 And thats not including ppl selling out thats just what the value of the stock should be. There is (I believe) no way gzfx would kill their stock like. Management would piss millions of $$$ of their own money away. Well, just have to wait and see for the quarterly, but I just hope ppl aren't staying in this stock hoping that the quarterly is going to bring the $ back up.
Mysssssssstic??? Are you breaking our deal? That's not very honorable of ya! Posts: 1031 | Registered: Sep 2005
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posted
Still don't believe it will go under a penny. But I am still on the sidelines for now. It's too early to bother getting back in. So it could very well be my fault that it falls lol. To me that'd be a good thing. To others holding, it'd suck emotionally. I just want it to bounce up a little and stick around .011 or .012 again. But do remember we can always expect sell-downs after great gains. And although the last one was not that great, it was mostly gained because of hype, and now the idiots that bought in high are bailing so it's going lower than before. Last time at least most of us got in a lot lower with respect to the high. My original prices were in the .005 and .006 areas.
All I can tell you guys is to forget about the stock for awhile unless you're buying back in now. Don't let your hair get torn out over dead days. Maybe that quarterly report will give it a spurt but it'll need other news to STAY UP.
I'm hungry. Pizza time! I make my own
-------------------- This is some pretty gay Mc. Bestiality. Posts: 948 | From: Boston, MA | Registered: Oct 2005
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posted
Hey guys new to the board big GZFX supporter! Take a look at the CC website the GZFX ad and link are now on there home page on the middle right. Click Rent Games and movies and you will see an internal CC page with GZFX promotion.
http://circuitcity.com/ccd/genericContent.do?oid=137784&c=1&cm_re=JWIN-_-2-_-Rent%20games%20and%20movies That is not easy to do and is not something that CC would probably do for a pilot program that they were not planning on making permanent . But who knows??? Also they talk in there press release.."I’m proud to report that we saw a 110% increase in paid members for the fourth quarter of 2005." mOST IMPORTANT TAKE AWAY IS THE WORD "PAID subscriptions" not trial subscriptions which would also be additional revenue.
In addition we have these milestones to look forward to.......
A new re-designed website in Q1 2006. An aggressive online advertising campaign targeting the individuals who are most likely to use or try online services. Sponsorship and/or endorsement programs. Opening of further distribution centers. Currently the Company is reviewing Florida, Texas, Northeast, Midwest and Hawaii. Research and development to identify future product delivery platforms. Possible international expansion in 2006. Our goal is and will always be profitability for the company. The link is attached...
So I am hopeful but as many say we will have to wait and see. Really the stocked dumped because of a two month delay with CC but the business model and increase of subscriptions have not changed. That delay was also known by GZFX and CC in December according to that press release. Probably to allow time to rollthings out properly
Good luck to ALL!
Posts: 3 | Registered: Jan 2006
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posted
A while back I said that the CEO did not give a dang about the share holders of this company. Here is a very good example. The PR below had GZFX take off on the 5th up to .0175. Now did any one see another PR released by the company that made the stock drop like a brick. NO. What they did was let it get out to the big boys about the CC deal being extended 2 more months. This caused the big drop. A lot of little people thought it was off and running and jumped in. Then did they get informed by a PR about the CC thing. NO. IMO you can bet some big boys new and was selling shares as it went up. They made a nice profit and the one's who were buying got suckered. Just a thought but sure looks funny to me. As some said they were trying to sale but it was dropping to fast and their sale order would not execute. Could this have been when a lot of dilution was going on at some share holders expense. I am putting this out for some to think about.
((PR put out to run up the price. Then no PR but heavy selling sets in. Some body new something in advance. Guess who? Hint! Was not the share holder.))
January 5, 2006 - 9:15 AM EST
GameZnFlix, Inc. to Become a TalkNStocks.com Featured Company -- Q&A on January 5, 2006 TalkNStocks.com is pleased to announce that GameZnFlix, Inc. (OTC BB: GZFX) has contracted to become a featured company on the TalkNStocks.com website. The contract period is for 12 months.
TalkNStocks.com is designed to provide featured companies with a cost effective means of informing shareholders and prospective investors about company plans and developments. Featured companies are invited to post business plans, product advertisements, and engage in monthly Q&A opportunities with investors.
GameZnFlix markets video games, DVDs and other entertainment products through its e-Commerce site, www.gameznflix.com.
Donald 'Chip' Gallent, GameZnFlix President, is preparing a Question & Answer session about the business and its prospects. The Q&A is scheduled to be released on the TalkNStocks.com site on the morning of January 5th, 2006.
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 U.S. Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
Posts: 675 | Registered: Dec 2005
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Mystic, i was talking hypothetically. AND like numa said...they don't control the dilution.
NUma, I'll take a stab at your question (only a guess guys) and i'll ask another question.
My guess is that they have the money to use and they traded it for shares. Why do i say this? Because the company has repeatedly said they are funded and ready for aquisition mode.
My question is:
Was the GGI deal for 16 million? thats what i recall for some reason.
Also, Check out Habenero, Sold some of my shares in GZFX to go to habenero. HAO.V
-------------------- If you do your 20's right, You are set for life. Posts: 659 | Registered: Nov 2005
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posted
Take a look they extended the agreement on December 28th which was the day it was finalized by both parties. However we all know that these decisions take weeks to get approval and final sign off so in reality the pilot program was barely in place considering it started November 1st. It only made sense for both companies to extend the program til March. In my opinion you cannot pilot a program for less than two months to determine the true impact. Lets hope CC will make this a national rollout and it soon will be in all 600 stores!
On October 4, 2005, the Company entered into a Services Agreement with Circuit City Stores, Inc. (see Exhibit 10.1). Under the terms of this agreement, the parties will run a pilot program, to commence on November 1, 2005 and ending on January 15, 2006, in 17 retail stores and on the Circuit City website to promote the service offered by the Company. If the pilot program is deemed a success by both parties, the parties will expand the pilot program to the remaining approximate 600 retail locations of Circuit City in the United States by adding 55 Circuit City stores per month. Under the terms of this agreement, the parties will share in the revenue from the sale of Company memberships through Circuit City.
Attached is a press release issued in connection with this agreement (see Exhibit 99).
On December 28, 2005, the parties entered into an amendment to the Services Agreement (see Exhibit 10.2). Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually beneficial, they will enter into a definitive agreement for such national rollout.
Posts: 3 | Registered: Jan 2006
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posted
To keep the record straight. This come off GZFX's last quarters report. The max the O/S can go to per that report would be 4B shares. They increased the A/S to 4B.
On July 19, 2005, the Company filed a Certificate of Amendment to Articles of Incorporation with the Nevada Secretary of State. This amendment, which did not require shareholder approval under the Company's current Articles of Incorporation, as amended, increased the authorized common stock of the Company by 2,000,000,000 to 4,000,000,000 shares.
Posts: 675 | Registered: Dec 2005
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1. 110% increase in *paid* subscriptions 2. an *embedded* page on Circuit City website 3. pilot program kiosks in 17 Circuit City stores 4. weekly national advertisements in Circuit City flyers 5. possibility of a national roll-out with a big-box retailer 6. an easy to understand business model: “Netflix + games” 7. first in class: dvd’s + games 8. new & improved website imminent (Q1 target) 9. plans of additional distribution center(s) to improve fulfillment 10. crazy upside
Is there another penny stock with this much going on?
If so, let me know. I’ll load up on it too.
Enjoy the bargain folks!
Posts: 1 | Registered: Jan 2006
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posted
To be fair and balanced. Yes I watch FOX. You best think about it long and hard before jumping in with both feet. Per this statement in their past 2 quarterly reports. JUST SOMETHING FOR YOU TO THINK ABOUT:
(g) Adjustable Conversion Price Feature of Debentures Could Require the Issuance of Greater Number of Shares.
The Company's obligation to issue shares upon conversion of the convertible debentures to Golden Gate Investors, Inc. (see Liquidity and Capital Resources, below) is essentially limitless. The following is an example of the amount of shares of GameZnFlix common stock that are issuable upon conversion of the convertible debentures (excluding accrued interest), [U]based on market prices 25%, 50% and 75% below the market price as of November 10, 2005 of approximately $0.01[B][U]:
Number % of % Below Price Per With Discount of Shares Outstanding Market Share at 18% Issuable Stock
25% $0.0075 $0.0060 2,735,000,000 73.90%
50% $0.0050 $0.0040 4,110,000,000 80.97%
75% $0.0025 $0.0020 8,235,000,000 89.50%
[B]As illustrated, the number of shares of common stock issuable upon conversion of the convertible debentures will increase if the market price of the stock declines, which will cause dilution to the existing stockholders.
Posts: 675 | Registered: Dec 2005
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posted
I have to admit I hope someday the government steps up and makes companies report a HELL OF A LOT more detail in their PR's. I mean its pretty lame that we are here investing millions into shares of stock and we get some vague ass PR's.
On October 4, 2005, the Company entered into a Services Agreement with Circuit City Stores, Inc. (see Exhibit 10.1). Under the terms of this agreement, the parties will run a pilot program, to commence on November 1, 2005 and ending on January 15, 2006, in 17 retail stores and on the Circuit City website to promote the service offered by the Company. If the pilot program is deemed a success by both parties, the parties will expand the pilot program to the remaining approximate 600 retail locations of Circuit City in the United States by adding 55 Circuit City stores per month. Under the terms of this agreement, the parties will share in the revenue from the sale of Company memberships through Circuit City.
In this PR, GZFX should have to clarify if they can extend the program, because there is no mention of that in this PR. They should have to let us know how much CC gets, what their expected price to advertise this deal will be. I find it funny that we invest tons of money in companies with vague ass info. We are pretty much blindly just throwing our money at stocks hoping the companies do what they say in the PR's. Anyone else feel that we are at a huge dissadvantage as stockholders compared to large firms, and inside shareholders? I sometimes wonder why we even play their games.
Ive contemplated it before and actually owning stock is pretty pointless. We are buying a "part" of a company that we hope someone else finds more value in, in the future. But, as far as owning actual stock its pointless, I mean the only way we get money besides dividends if your stock gives them out is if the company goes bankrupt. And like the shareholders ever get any of the $ from the copmany anyways. The CEO's piss it all alway before the company goes under. Any opinions?
Posts: 671 | Registered: Nov 2005
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Mystic, you're right on track. When i first started the market, I could not figure out how you actually made money. I spent weeks trying to understand it and dividends were the only answer I could find. Eventually I figured out that you're just taking money from someone else who buys in, and they gotta wait for the next guy to jack the price up more for them to take profits.
All-in-all the idea is stupid. And it's especially obvious now that I've played penny stocks. A company announces it's going to do something and all of a sudden people buy the price up to 4 times what it was at. For what? It's NEWS! Whoopie do! The company says they made money or they plan to do something that MIGHT make money. That doesn't mean you get money for buying it. You only get it if everyone else buys it. And usually 75% of the people lose in pennies.
-------------------- This is some pretty gay Mc. Bestiality. Posts: 948 | From: Boston, MA | Registered: Oct 2005
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posted
I need to stop buying stocks and make some lame ass company issue tons of shares, that will pay for my $200k+ job and then sell my shares when I feel like making some money. After Im in debt up to my ears I will put the company through bankruptcy and start a new one. I bet most of these penny stocks started out of the garage or are still in the garage.
Posts: 671 | Registered: Nov 2005
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posted
Probably. Lots of those pennies are BS to begin with. Half the time you don't even know what they do. IDWD is one of the famous ones for making no sense.
-------------------- This is some pretty gay Mc. Bestiality. Posts: 948 | From: Boston, MA | Registered: Oct 2005
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posted
If companies were required to provide explicit cost / revenue figures in PRs they would 1) be ripe for lawsuits in this litigious world of ours and 2) be permanently set at a competitive disadvantage.
It's more important to enforce fair play than to enforce early disclosure.
quote:Originally posted by Mysticobra96: I have to admit I hope someday the government steps up and makes companies report a HELL OF A LOT more detail in their PR's. I mean its pretty lame that we are here investing millions into shares of stock and we get some vague ass PR's...
The CEO's piss it all alway before the company goes under. Any opinions?
You see why the entire system needs to be revamped. Insider trading, employees of a company investing in their own stock, MM's, and anyone else having an upperhand over the investors should be prohibited from the system. There is so much dishonesty in the stock market system. Only those (big wheel-wall street) associated with a company executives on the Golf course are successful. That is where they make all those deals. Yes some deals are made behind closed doors too.
An honest government organization should disperse news about a company in the stock market. And please, if you can find them, honest government officials. None that are bought off.
The government needs to start issuing 20 year sentences for volations of ethic rules when it comes to stealing money from the public. I don't hear President Bush talking about protecting the American People from dishonest market forces.
I have fallen victim and hope the CEO of GZFX comes to his senses and protect his investors. After all, if it was't for his investors, he would not have a company. Oh yes, fed-up seeing the NetFlix advertisements at the top of the page of GZFX posts on this website. I mean, its over-kill.
Posts: 87 | Registered: Dec 2005
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posted
Well I checked the SEC site to see if the Qtr. was filed and still nothing. I was hoping something would be released today to help us out. Lets keep our fingers crossed today and hope we don't go below .01
Posts: 279 | Registered: Nov 2005
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posted
How many of you are still long, Am I the last of the mohicans holding this stock? How many of you on the sidelines looking to get back in and at what price are you trying to get back in?
Posts: 279 | Registered: Nov 2005
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quote:Originally posted by AgentX: How many of you are still long, Am I the last of the mohicans holding this stock? How many of you on the sidelines looking to get back in and at what price are you trying to get back in?
Im still here holding and adding on these dips. if you look at history it always drops before a very large run. Hold faith that this is going to run soon if not today! Posts: 1077 | Registered: Sep 2005
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