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PEKG bullish news expected and this stock still can be gotten at 0.0001, which, using Scottrade or Ameritrade, is $100 + $8 to $12 commission (for 1 million shares.) This could become a five to ten bagger after a breakout above 0.0003. (Or you could play it smart and sell it at .0002 for 100%!)
The corporation describes itself as the following: "PEAK Entertainment Group occupies a unique and advantageous space that recently has opened up due to changes in the entertainment arena. The large entertainment companies - known as the "Majors" - now need companies like PEKG to develop more of the artists and entertainment properties. The very size of the ever-growing Majors limits their ability to develop as many artists and properties as they have in the past. Their revenue requirements and significant overhead forces them only to consider 'sure things', the immediate blockbusters or platinum releases. This contrasts with what used to be the Majors' greater commitment to a "farm team" approach in developing future stars and hit releases. This industry shift presents a significant opportunity for small and nimble players, like PEKG, that can take over a portion of this artist and property development. This work can result in highly profitable assets due to PEKG's low cost model that includes numerous distribution opportunities. This is the reason PEKG focuses on creating new and distinctive entertainment properties that can generate significant revenue through worldwide, independent promotion and distribution. Leveraging this business model is an executive management team with the maturity, necessary industry connections and ability to raise public capital while implementing its plan." http://www.peakartists.com
Note, we don't expect this to be a quick trade. PEKG is a very speculative stock and is an unsolicited pinksheet, so a trader must have a strategy to trade it. It's known that the authorized shares were increased recently. Also management received a large number of restricted shares. Management's shares are restricted for a two year period. (http://biz.yahoo.com/bw/050826/265104.html?.v=1) Also PEKG was late in turning in certain financial information to Pinksheets.com. (As of 10/10, PEKG is now no longer late to the best of our knowledge.) In addition, the later release than expected of its label's band's recording has help cause the share values to fall to these lowest of levels. Be aware that if a reverse split were to be announced, (and the likelihood is good that it will occur sometime in the next 6 months,) it is very likely that the restricted shares would be lifted and be diluted into the new split value. This would cause at least 30% dilution of total share value and give directors the opportunity to sell their billions of shares that represents at least the amount of the near $400K loan that was recently taken out to cover the recording expense. There should not be any more real costs in the projects to be released. Probably the only substantial costs will be promotion and advertising. This album should give the company a lot of exposure in the recording and motion picture media, hopefully bringing in new buyers of its shares. Be aware that most recordings and videos have a short life span of four to six months before waning away to something newer. PEKG cannot sustain itself without investing in new projects that can provide year round revenue.
Outstanding Shares: 5,389,000,000 as of 2005-09-15
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