posted
On April 6, I bought in this at .005 thinking it was a great price. I bought in a lot more and have since averaged down to .001 and sure glad I did.
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Rock, we've been telling people about this for a couple of weeks now. I hope they took our advice. I think I am going to hold until .20. I might sell enough at .01 to recoup and then ride the free shares.
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ugot, those californians start trading at 6:30 in the morning. That's way too early for them. We could see this thing skyrocket when they do finally wake up and start buying!!!!!!!!!!
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I am not sure you guys and gals read this: May 10, 2006 09:30:01 (ET)
BEVERLY HILLS, Calif., May 10, 2006 (BUSINESS WIRE) -- Imperia Entertainment, Inc. (Pink Sheets:IPRE) announced today that it has released a Letter to Shareholders from its President, James Hergott. The text of the letter appears below.
Dear Shareholders,
Yesterday was a historic day for the company. As many of you know, we announced that we had completed our Regulation D Rule 504 offering.
The company is no longer selling shares. There is a legal cap of $1 million that can be sold within a year. We reached that limit, thus the announcement yesterday.
We have FOUR great movies coming up, and I am really excited about those, and focusing on the future. I feel like today is a new day and that a dark cloud has been lifted. I am very excited for the future.
As many of you know, the stock went up 120% by the close yesterday, and the volume reached a company high of over 603,000,000 shares traded. This is very impressive since two days ago the stock reached an all time low of 0.0003 cents.
Many shareholders are extremely relieved that the selling has concluded but want to know how I intend to increase shareholder value.
If you look at our nine-month chart, we went up to 20 cents per share around Nov/Dec of last year. What was going on around that time was the build up to the theatrical release for our first movie "All That I Need."
While there are no guarantees of the future of what the stock will do, I believe it is in the best interest of building value in the company to focus on our future film releases. I believe if any of our future movies succeed, that it will be a fantastic thing for our company. I believe our company is very undervalued.
With so many new eyes on the company, I think it is time to recap our assets and present situation.
So here is a break down of our present properties:
ALL THAT I NEED (ATIN)
This was our first movie. A modest independent movie with no stars and budget under $400,000.00 that went on to be released in theatres. This allowed us to start a distribution wing for the company, so that we can release movies directly ourselves.
Around Dec 12th of 2005 I issued a shareholder letter for ATIN and how it did at the box office.
We plan to market the movie for further distribution opportunities at this year's Cannes Film Market, which is from May 17th-28th. Last year this movie got a standing ovation in screenings at the Cannes Film Market.
We are also working on a DVD that will contain bonus features such as deleted scenes, director's commentary and other bonuses. I am excited to release this special edition DVD when it is ready.
We also just announced that IPRE has signed a distribution deal with ReelTime TV to Distribute Growing Library of Films and TV: http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath% 3DCOMTEX%5Cbw%5C2006%5C04%5C20%5C77865763.html%26clientid%3D168%26 provider%3DBUSINESS_WIRE&symbol=IPRE
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Not going up as fast as I expected. I thought it would be at .003 by now. But I've been saying for nearly a month that this is one to hold for awhile. Rock, where do you see this one EOD? I am guessing close to .005.
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dont knwo what you are talking about. i like the .029, just wish it would have filled my entire order at .017 this morning and not just $500. but ahh well, cant complain
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who here lives in California? I dont know about you guys, but if I want to be here for the market open, i will have to sleep during the day and Be on my computer from dusk till dawn, literally
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