IDEA SPORTS ENTERTAINMENT GROUP INC Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was made on 12.21.2005 (33) days ago, when the stock price was 0.0300. Since then ISPO has fallen -53.33% .
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MACD Kissing Stochs crossed and beginning to diverge positive Williams %R oversold and getting ready to cross out Wilders DMI lines merging together and getting for a cross tomorrow
From a charting perspective, this is a great time to be buying in! 1st resistance is at .02, 2nd resistance at .032.....
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"...On April 19, 2005, the Company entered into a joint development agreement with InnoZen, Inc. ("InnoZen") to jointly develop a film strip product containing electrolytes to replenish the body while under physical stress (the "P3 strip"). InnoZen has experience in the formulation, development, manufacturing and sale of edible thin strips containing drug active ingredients. The Company has the ability to locate athletes for testing the efficacy of the P3 strips in athletes and to assist in obtaining endorsements for the P3 strips by well-known athletes and coaches. The Company contributed $115,500 in cash and 250,000 shares of its common stock, valued at $19,191 using the Black-Scholes valuation model, for its 50% interest in the joint venture. The Company is required to issue an additional 250,000 shares of its common stock upon completion of the development of a saleable product.
As of September 30, 2005, the joint venture had completed a product formulation of an acceptable thin film prototype containing electrolytes and had completed laboratory stability testing for the oral dosage product. The joint venture has produced initial P3 strips capable of holding a deliverable load of electrolytes equal to approximately one fluid ounce of most recognized sports drinks. The P3 strips have been produced for flavor testing with initial flavors to be lemon-lime, orange and sour orange.
The Company is currently developing an agreement for an initial production lot with a contract manufacturer, including primary packaging. Management of the Company currently anticipates that P3 strips will be available by the end of the fourth quarter of 2005 or early in 2006...."
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"...On June 28, 2005, the Company issued 3,850,000 shares of its common stock, which were valued at $295,544 using the Black-Scholes valuation model, to acquire Poker, whose principal asset is the rights to a proprietary fantasy football format, with the working title, Vegas Roll'em(TM) Fantasy Football ("Vegas Roll'em"). In January 2005, the Rules of Competition for Vegas Roll'em received a copyright from the United States Copyright Office. This format allows live filming of the high stakes action as it unfolds. Each player will have a roll of the dice to determine which of his players will make up his team. This will add a unique twist to the game.
According to the Fantasy Sports Trade Association, fantasy football was played by nearly fifteen million participants last year. This internet-based phenomenon has created a four billion dollar industry.
On July 21, 2005, the Company retained the services of veteran poker and fantasy sports executive, Tom Elias, to manage its Las Vegas-based Vegas Roll'em. Mr. Elias has over seventeen years experience producing fantasy sports and poker tournaments. The Company began its initial sales and commenced operations during the quarter ended September 30, 2005...."
revenues from this operation has not been seen yet, but should be included in their next filing for period ending 12/31/05...
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Ok here is the deal. 1) He gets his plays from a "IR Guy" MORE like he gets paid by companies to pump a certain play. 2) The stock will increase just a tad maybe 5-10% after he calls it then he tells everyone "Great stock, here is the charts and PR is on the way" 3) As he sells his promo shares to the people on allstocks the stock then gets ready for either an S8 or a R/S In other words ISPO will come out with news soon. Then as people buy huge block orders of sells will go through. Followed by a huge dip a small spike then a r/s. In other words don't touch it until she drops like a rock which it will do soon. ISPO--- 10/31/2005 131,398,982 O/S Transfer Agent: Olde Monmouth Stock I bet the o/s will slowly start to increase over the next 2 weeks. Not to mention of the current o/s of 131m an insider owns about 61m based on a SEC filing dated a year ago. Not to mention the company has an "OPEN" R/S which I am sure will take place sometime this year. Hey fatherof2 how about you stop selling your soul to these companies. Amazing how you can take these deals and expect me not to find all the things that make you such a great play caller for people who want to become bagholders of an r/s stock. Oh are you going to blame the dilution on "Naked shorting" -
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bmw...boy..... nice try... this pick was a pure chart play... I am not a promoter, I have a real job and make a lot more money than you do! There are some here that know EXACTLY what I do and where I work.
With a "born-on" date of December, you sure know alot about my history.. so why don't you come clean and tell us all who you really are?!? You are some POS reincarnated as this newbie....bmwbaby would have been a better title!
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