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Entered in at .0058 a couple days ago seems like a gift to get in back here gonna hold for 6-9 months so I can wiat till there move "Say It in Russian" is released It's gonna be a winner just FYI
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IMPERIA ENTERTAINMENT ISSUES LETTER TO SHAREHOLDERS BEVERLY HILLS, Calif.--(ENTERTAINMENT WIRE)—April 3, 2006 Imperia Entertainment, Inc. (Pink Sheets: IPRE) announced today that it has issued a new letter to shareholders from its President, James Hergott. The letter reads as follows:
Dear Shareholders,
It has been a while since I wrote. The last time was briefly after our first completed film, "All That I Need" was released in theaters. As I am sure you are aware, the price of the company’s common stock has fallen drastically since that time. I fully realize that as an investor, it is frustrating to see this happen. You have put your hard earned money into this company, and you wish to see it be successful. I appreciate and thank you for standing by us, in this difficult time. Now when I say difficult time, I am referring to the stock price, not the strength of the company. It is important to not confuse those two things.
I am fully aware that I am accountable to you as the president of this company. As I stated in my first letter to shareholders (this is my third), I feel that communication is very important. Now it is more important than ever. I feel that if people do not know what is going on, they assume the worst. I have seen a lot of information on the Internet and received emails and phone calls from people about the company. Some of these communications have speculated that we are operating a "scam", or "pump and dump." I can understand that people are anxious, but there is simply no need for the name-calling, and these accusations are all untrue. I will assume that those statements are a result of people assuming the worst because there has not been enough communication. I apologize for this and will do a better job of keeping you (the shareholder) informed.
For those of you who have stood by us, I very much appreciate your dedication. I know a lot of people have been let down by scams on the pink sheet and bulletin board stocks, and are quick to write off a company when the market starts to look bad. .
With that in mind, I would like to give you a status update. Now keep in mind, I would rather tell you the truth, than have you speculate about the worst. I will do this even if you don't like everything I have to say. You may not like it, but at least it is the truth, warts and all. And believe me, it is far from all bad news.
I do have a conscience, and I would resign from this company if I thought that it was a scam. I do believe in this company and its products. I will do everything I can to make it a success. I can't promise you that everything will go smoothly, but I can promise to do everything I can to bring awareness and value to the company.
I will address the various investors concerns I have received in a Question and Answer format. These are the most frequent questions I have received as well as some other matters I wish to touch upon.
Q: Why has there been such drastic selling of the stock recently?
A: There are three reasons for this:
1) There has been an unusually high recent activity in common stock selling, which caused a sharp drop in stock price over the past several weeks. We are analyzing reports received from the Depository Trust Corporation and have ordered "NOBO" reports to help us conclude our investigation.
2) We had to sell a large amount of shares in order to raise extra money for our feature film, "Say It In Russian" This is a temporary situation as we are almost done filming. We went over budget in our foreign location shooting, but it has added great production value to the movie. The good news is that we have raised the necessary completion funds. Of course this is not something we did without much deliberation. It was completely necessary because an uncompleted film is not going to bring in the revenue needed to bring value to the company. The budget of “Say it in Russian” was over 20 times the budget of “All That I Need.” It has named actors and is shot on 35mm film, and is a completely different type of film that appeals to the mainstream market. We have been approached by several distributors already before the film has even been finished. I have been on set and watched the footage. It has a great cast and I think will do very well. It was worth it to make this investment at this time and in my opinion will pay off significantly. We simply had no choice, as it was essential to the long-term health of the company. Movie making is expensive, but the resulting product has a long term useful life. And, after all, the whole point of this company is to make movies. We are making movies, not just talking about it. Please look on the Internet movie database website, www.imdb.com, for more information and still photographs of the film.
3) Since many of us in the company have been on set, we have not been able to communicate with shareholders. As stated above, people fear the worst when there is no communication. While shareholders may not see what is going on, I assure you that the company has been very busy the past few weeks making “Say it in Russian” the best that it can be. I believe you will be impressed with the final result. I feel if every investor saw the hard work that is being done on set, they would feel very comfortable about the company.
Q: Besides Say it in Russian, what else is on the horizon for the company?
A: We have a number of other movies in development. I am very excited for the future of this company.
Q: What is happening with the website?
A: We have a brand new website. It is still be worked on, and the kinks being worked out, but it is up and running. I encourage you to check it out: http://www.imperiaentertainment.com
Q: Where are the latest financials, shares outstanding, etc?
Q: What is the current share structure of the company?
A: The company has approximately 204,000,000 shares outstanding and 83,000,000 of those shares are restricted.
Q: As company president, do you own shares? Have you sold any?
A: Yes, I own over a million shares. I have not sold a single one.
Q: Are you confident about the future of the company?
A: Yes. I feel we are greatly underestimated. We have several projects coming up, and if even one of them is a big success it will have a huge impact on the company in my opinion.
Sincerely yours,
James Hergott
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Imperia Entertainment, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Source: Imperia Entertainment, Inc. ----------------------------------------------
posted
Didn't add any down here got my boat full but great to anyone whos adding here IMO I loaded at .0058 I think .005 is support hopefully and up day tommorrow GLTA
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.005 looks like rockbottom to me too. It's showing that .005 is the 52 week low, and .195 as the 52 wk high. The float looks pretty small, though I've seen mistakes before on the company info page of pinksheets.com. All the filings are for a different company name. Anyway! I like this price and think I'll jump in for a little tomorrow.
-------------------- "As long as there are dreamers, there are dreams that will come true."
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"Say It In Russian" is a full length feature film, shot on 35mm. It is a romantic adventure, shot in Paris, Moscow and Los Angeles, starring Faye Dunaway, Rade Sherbedgia ("Snatch"), Steven Brand ("The Scorpion King"), Alex Nesic ("Sleeper Cell") and introducing Agata Gotova, with supporting roles played by Steven Berkoff ("Beverly Hills Cop"), Musetta Vander ("O'Brother Where Art Thou"), Elya Baskin ("Moscow on the Hudson") and Oleg Vidov ("Red Heat"), among others. The film is in its final week of principal photography and the company is planning on releasing the film before the end of the year.
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Pump it all you like, it isn't going anywhere until they stop diluting by the 10's of millions of shares. CEO alluding to manipulation in a PR, then turns around admits dilutuion, and it appears he is continuing with it. These pinks are not very trustworthy.
-------------------- A million seconds is 13 days. A billion seconds is 31 years.
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This one can't seem find a bottom. Hope these actors and far away locations were worth it. I think this movie costs like some 20 times more than the last one they did, going off memory.
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Suck talk about taking a beating today down 24% let me say it again suck seems that .003 is rock bottom support from 2004 I personaly thought the .005 would hold but so you know where I stand I plan on holding 6-9 months when the movie comes out hopefully we will be alot higher than now. Diluting hmm pr states that there is 220 million float with 83 million restricted Im holding a couple mil and have friends holding alot more than me. wealth is tranfered from the un patient to the patient. JMO
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you don't have to wait 6 to 9 month, in the middle of april it will bounce, try to think of this way, now it's at the bottom of bottom line, do you think ceo of this company would let it continuesly go down? the answer is no? i sent an email to the company earlier, as soon as i get the answer i would post it. Also they're not just doiong the say it in russian movie but also some tv shows and they have been awarded for upcoming May.~~
-------------------- i wish one day i would be rich but the wish is all in your hand!!
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still hoding all my shares hopefully up from here this one is one to hold it will be back up might exit at .04 but not sure mentally Im holding 6-9 months if it hits my price target of .04 before that I might be out =-) GLTA
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quote:Originally posted by DENSKIJR: well what a day added another million at .003 gonna be either very rich some day or begging for food hahhahahahhahh GLTA Longs
Got in last week with 500K at .0051. Thought that was bottom. Going to let it level out (if it does)before I add again. Good luck.
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Well Rebel prabably in more than I should be but on this stock patience will be the key I plan on holding I keep makeing money on other stocks and adding here ha It will be a good return. weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
posted April 11, 2006 16:39 --------------------------------------------------------------------------------
quote: -------------------------------------------------------------------------------- Originally posted by DENSKIJR: well what a day added another million at .003 gonna be either very rich some day or begging for food hahhahahahhahh GLTA Longs --------------------------------------------------------------------------------
Got in last week with 500K at .0051. Thought that was bottom. Going to let it level out (if it does)before I add again. Good luck.
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good luck to you sir I was supprised we ended at .003 I added a million and it went right through within seconds Im sure if you want to get your amount if you hit the .003 ask you should get them or you could try the bid up to you. welcome aboard anyway =-)
I am getting in tomorrow to hold for a while.
I'm with you DENSKIJR, patience will show on this one.
-------------------- Knowledge is the ultimate power.
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Can anyone explain the large volume on this as it continues to fall? The company did say that it was selling more stock to fund the next movie, so I'm guessing that this constant, quick fall is due to that sort of dilution.
This stock does seem like it could reverse, or at least stop it's decline at some point in the near future and then take off if it gets good news.
I'll go ahead and put this one in my watch list. Maybe it won't hit bottom for another week or so, but at some point, it will hit it. And at that point, this thing should have an awesome bounce.
For those holding this stock, good luck to you. I'll be looking to join you once the outlook looks a little brighter.
-------------------- Hindsight is 20:1. It's like printing money.
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4-11-06 Questioned as to the marketing ability of the company and the distibution of the movie.
HIS REPLY:
"Our last movie (All That I Need) was in 11 states, 27 theatres to be exact. The movie we are finishing shooting this week (Say It In Russian) has a higher profile cast and a much bigger budget. We have already received distribution offers for it.
For our last movie we self distributed. For this movie we may sell the movie to a studio or distributor. Obviously we will negotiate the best deal for the company possible. There are a lot of options on the table so it is difficult to answer your question at this time. Chances are that we will pick up more options in Cannes and gain additional interest as well.
All the best,
James"
Hopefully there isn't much more dilution.
-------------------- COMMUNICATION CAUSES LEARNING!!!!!
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quote:Originally posted by edgewise: Can anyone explain the large volume on this as it continues to fall? The company did say that it was selling more stock to fund the next movie, so I'm guessing that this constant, quick fall is due to that sort of dilution.
This stock does seem like it could reverse, or at least stop it's decline at some point in the near future and then take off if it gets good news.
I'll go ahead and put this one in my watch list. Maybe it won't hit bottom for another week or so, but at some point, it will hit it. And at that point, this thing should have an awesome bounce.
For those holding this stock, good luck to you. I'll be looking to join you once the outlook looks a little brighter.
And.. I kick myself repeatedly right now.
I saw this one last night. And didn't think to get in yet. And there it goes, having a huge day today. Wow. I just gotta work on my timing a little bit.
-------------------- Hindsight is 20:1. It's like printing money.
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Looking great today and record volume for IPRE its just a matter of time. great day today congrats to all who bought yesterday at bottom. Looking for another move north =-)
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Imperia Entertainment, Inc. (Pink Sheets:IPRE) announced today that its shooting team returned from Moscow over the weekend, where they have successfully completed all of the pickup shots to finish the feature film, "Say It In Russian." The company has already been approached by several international film distributors for the film, which is in the lineup for the Cannes Film Market May 17th through 28th. "Now it's up to our editor, David Rawlins, to complete the job," said Kenneth Eade, Executive Producer and Company Chairman. "I think he's up to the task, having edited some of the most momentous films of the past five decades," he added.
About "Say It In Russian"
"Say It In Russian" is a full length feature film, shot on 35mm. It is a romantic adventure, shot in Paris, Moscow and Los Angeles, starring Faye Dunaway, Rade Sherbedgia ("Snatch"), Steven Brand ("The Scorpion King"), Alex Nesic ("Sleeper Cell") and introducing Agata Gotova, with supporting roles played by Steven Berkoff ("Beverly Hills Cop"), Musetta Vander ("O Brother, Where Art Thou?"), Elya Baskin ("Moscow on the Hudson") and Oleg Vidov ("Red Heat"), among others.
About Editor David Rawlins
"Say It In Russian"'s editor, David Rawlins, has a legendary career which spans five decades. His films have sparked world cultural and political movements, such as "Kung Fu," "The China Syndrome," "Saturday Night Fever," and "Urban Cowboy." His films also include the works of legendary film makers Sam Peckinpah ("The Osterman Weekend"), John Hughes ("Baby's Day Out") and Mel Brooks ("Life Stinks"), as well as studio movies "Mr. Magoo," "Firestarter" and "Back to School."
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Really wished this held over .004 was looking good in the morning. still holding all my shares. Not sure when were gonna break through all I know is I will be there when it happens GLTA
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