posted
First, I own stock in VWKM. So Please don't call me a basher.
We have gone through major dilution in the past month. Mark raised the A/S from 20B to 30B within the last couple of weeks. The O/S currently stands at 20.5B. With the Dividend sometime in June it will allow Mark, the CEO of VWKM, to put another 8.5B shares on the market prior to issuing a Dividend that will put another 1.5B on the market. All this tells me is that by the Dividend in June the O/S will be at least 30B. That's if Mark doesn't decide to raise the A/S higher. I would expect him to come out with a PR at sometime addressing the fat that we need to raise the A/S in order to pay the Dividend.
The biggest reason that the PPS is where it is, is because of the major dilution. Go back and look at how many shares have traded in the last month and then ask yourself why we are at .0001 X.0001 when we are lucky. How with all the trading going on could we have gotten to NB on this without dilution.
Before some tell me I should sell and move on if I feel this way, which I have heard on other boards for the last month, I CAN'T. You cannot sell your shares at even .0001. I have already chalked this one up to I should have known better. I have no grudge because I made the decision to buy but I also don't want to see some pump this up as the next big thing and draw more people in.
You know what call me whatever you like but the truth is the truth is the truth. I will not make myself a nuisance by continually posting the same thing. If someone can't even read a whole thread to get an idea of what is going on then they deserve what they get. This is, meaning my post, a onetime special dividend with a record date, ExDate and pay date of 5/02/2006.
GLTA Wally
By the way make sure you do your own DD(research for the Noobies that may not know what DD means).
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
Everybody knows that whole BS about A/S at 30 Billion is just a bunch of propoganda issued by the bleeding heart liberal media, just like the Holocaust was fifteen years ago. New Screen TV is going to bring all of this to light - that's why you and the rest of the liberal MMs are trying to destroy the next CNN.
posted
Wallymac, all otc stoock tradings are a form of gamble. Be a good loser, go find another game to play. Don't be another 7of9.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
Hey, if you bought at .0001 you will have made 15% when you can sell.
Not bad for a month.
On the other hand they may be doing the divvy to attract buyers. Lets say they need 20K per market and the buys have slowed down.
They do the divvy to attract buyers over the next month, get the deals, then it takes off and those who bought make some money.
Another scenario is they stop diluting and offer the divvy, this increases volume enough to drive the pps up a couple or a few points and they dilute there to raise the same money with less shares.
As long as at takeoff this takes off everyone is happy.
I think anyone who bought at .0001-.0002 will be happy.
Posts: 660 | From: Kansas | Registered: Mar 2005
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quote:Originally posted by cj: If the divy is true then all the PRs about new clients signing on board are valid as well...can't really pay a divy to stockholdes without revenues to back them up, so this is quite encouraging for investors. I currently hold 10 million shares in VWKM.
i'm sorry, but i had to reply to this one,hahahahahahahahahahhahahahahahahahahahahahahahahahahahahah. holy noobie batman!
Posts: 1045 | From: novato,ca,usa | Registered: Aug 2003
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posted
Nearly everyone involved with VWKM is in at either .0001 or .0002. Once this starts to move upward, peeps are going to sell their arses off to get out at .0002 or .0003.
We'll be stuck down at these levels for a very long time.
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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quote:Originally posted by Dagger Depot: Nearly everyone involved with VWKM is in at either .0001 or .0002. Once this starts to move upward, peeps are going to sell their arses off to get out at .0002 or .0003.
We'll be stuck down at these levels for a very long time.
You are wrong. I recommended this stock as lottery ticket for a child's education 15 years later. Many of them hold multiples of 2 M shares. All flippers are losers in this game -- be a good loser, and find another game to play. This game is not for you. I do gamble on the MMs side, and they win all the time. They are good in creating frustrations and disappointements for flippers.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
sux that you dumped 2.5 mill at a small loss. I wish you luck with the rest of your shares!
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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quote:Originally posted by Dagger Depot: Nearly everyone involved with VWKM is in at either .0001 or .0002. Once this starts to move upward, peeps are going to sell their arses off to get out at .0002 or .0003.
We'll be stuck down at these levels for a very long time.
You are wrong. I recommended this stock as lottery ticket for a child's education 15 years later. Many of them hold multiples of 2 M shares. All flippers are losers in this game -- be a good loser, and find another game to play. This game is not for you. I do gamble on the MMs side, and they win all the time. They are good in creating frustrations and disappointements for flippers.
Why am I a loser? I accept the fact that I'll be holding this a while. Unless they do a R/S, then none of us in at .0001 are losers.
Enough of the name calling. I wasn't bashing this stock, just stating an educated speculation. When this does start to go up, you will see alot of selling. The large amount of selling will hold this down for a while. I've seen it enough times to know.
Have a nice day...
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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quote:Originally posted by Dagger Depot: sux that you dumped 2.5 mill at a small loss. I wish you luck with the rest of your shares!
If a person does not have a vision for a company's products, he should not get into it in the first place. This is a 15-year gamble, not a flip.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
JimSC, you keep taking my posts out of context.
Please add me to your ignore list so you dont feel the need to reply negatively to my posts. I have a lot of respect for these boards and most of the people in it. I have no reason to dislike you yet it seems like you are targeting me with your posts.
I'll be holding my shares of VWKM for at least the next few months, if not longer. When I wished Jo good luck with the rest of his shares, I truely meant it. I wish you luck with your shares as well.
Many people have stated that this is a gamble. I see no harm in wishing anyone luck with their gamble. I wish myself luck as well.
As far as flipping this stock, I feel there is potential to do so. If you can be lucky enough to get in at .0001 and then get out at .0002 before it drops back to .0001 again, you have successfully flipped it. Granted, this hasn't been hitting the .0002 mark lately, the potential is still there for those who would like to "Gamble" their money like that.
I neither recommend, nor discourage anyone from getting involved with this company. I have made my own choices solely based on my own DD.
All I ask is that you keep your posts relating to VWKM, and not personally attack people for their posts.
Thanks, and I still would like to wish you a good day.
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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posted
Sorry, Dagger, My last post was intended for the person who sold his shares. I will not comment on your posts any more. Thanks for your understanding.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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quote: Nearly everyone involved with VWKM is in at either .0001 or .0002. Once this starts to move upward, peeps are going to sell their arses off to get out at .0002 or .0003.
We'll be stuck down at these levels for a very long time.
I don't know that is true. The BKMP divvy took it up to like .0018. I think the chances this could run before June 1 are 30/70. The mm's have a lot of shares to unload that they got at .0001 or lower from the company, and they decide if it runs. You can bet there buddies will be there to buy when the run begins.
If it runs from the divvy quite a few will sell just because they don't know whats coming like us, but they can only sell if there are buyers, those buyers will stay for the run.
If it waits for launch for a run then it could gap with big revenue news.
I think it is too early to tell how this will play out but I would imagine people in the know are already buying at .0001 or will be before this hits.
My hope is it runs like Blackout did to say .0015 and I sell, then it meanders back to .0001 before launch so I can make money both times.
The dilution could be a deal with the mm's. We sell you 5 billion at .0001 and reward our long term holders with a divvy and you let it fly. I don't believe a company dumps billions on the market for no reason. Posts: 660 | From: Kansas | Registered: Mar 2005
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All flippers are losers in this game... This game is not for you... They (MMs) are good in creating frustrations and disappointements for flippers.
Totally agree. Sellers at 2 will get 100% gain. Flipping requires the seller to buy back at 1 for another day. IMO - Whether you sell shares at 2 and/or 15, you may want to hang on to some for the long haul.
The dilution could be a deal with the mm's. We sell you 5 billion at .0001 and reward our long term holders with a divvy and you let it fly. I don't believe a company dumps billions on the market for no reason.
I have been wondering why they would dilute before the divy. Would make more sense to divy first to help raise the PPS before dilution.
You may be on to something.
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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posted
Maybe the worm is turning...finally off .0001 on the ask...patiently sitting on 10M.....
OCALA, Fla.--(BUSINESS WIRE)--May 4, 2006--Vision Works Media Group, Inc. (Pink Sheets:VWKM - News) announces that wholly owned subsidiary New Screen Television, Inc. is now focusing on affiliate negotiations that will allow the company to launch in additional states in 2006, to generate $8.4 million monthly and a 15 percent stock dividend to shareholders of record on June 1, 2006. ADVERTISEMENT
"We are excited to be progressing solidly now to be able to expand the channel's distribution into Pennsylvania, New York, California, Ohio, Georgia, Louisiana and Oregon this year," said Mark Astrom, New Screen TV's President. The distribution in each new market is projected to be worth $1.2 million in monthly revenues, per market, from subscriber fees alone.
Shareholders of record on June 1, 2006 will be issued 1.5 million shares of VWKM stock for each 10 Million shares that are owned on June 1, 2006. Company policy is no reverse stock splits. This action is being done to reward shareholders for their loyal following of the company.
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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posted
Thanks, Bull, for sharing your DD with us. I trust the ability of the MMs to raise the pps for themselves -- if you get the chance to raise your own salary, won't you do it? I believe the MMs have invested a lot of time and money in VWKM. They will try very hard to inflict disappointments and frustrations upon the investors. If you don't have vision and patience, don't even get in. Flippers, stay out -- the MMs are going to trap you for 2 months and get your shares back for free. This is a 15-year gamble, you may not see your money again.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
is this ever going to get moving again? im thinkin about averaging down. but dont wanna dump it in another .0001-cent dud
Posts: 285 | Registered: Jan 2006
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posted
dont ever do that. Unless this has a great news like buyback or revenues. invest it in something else which can give u even 200 dollar profit. Iam not a basher i got in at 3 and averaged it to 2 and my money is locked. never know how long it takes but waiting for a good news.
Posts: 160 | Registered: Jan 2006
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posted
I bet she runs. One pr said the vod contract had little expense. Its possible they have 150 million in revenues annually with 30-50 million profit.
This needs to blow its top soon.
Posts: 660 | From: Kansas | Registered: Mar 2005
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