posted
My intention was never to say that you only invested in .0001 stock only that you seem to post and have faith in many of them. As to your acumen in trading, I have no idea. You may very well be a good and profitable trader.
My contention has always been the lack of quality management with VWKM. That is it's down fall. There have been many knowledgeable traders that had to same idea about VWKM. I bought because it looked to be a stock with huge potential. It's just sad that because of poor management that potential may never be reached.
Whenever I see posts on a stock that provide a much rosier picture than my DD has shown I will post my findings to balance it out. This has been the case with VWKM. I wish you luck in your trading.
As far as patience goes with this stock, many myself include gave Mark the benefit of the doubt while he kept issuing more and more shares. From March on, I guess everyone's patience goes thin at some point. If Mark had given us a reason to some patience like some glimmer of hope it might be different. But like many one-night stands he promised to call in morning and we never heard from him again.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
AH Split personalities! I'm getting outa here before they breed! LOL
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Yes ..and I understand Wally .part of me wants and prefers to belive the stock will be just fine . Because I own a large possition .However my thoughts are still as I said before . It may sink { and I don't know that it will } . but if it makes it I think it will make it on a very large level .
The company swifty put out the Pr that -------- left . A replacement could be in the works . And perhaps the replacement is the one to now put out the releases .
I'm not sure why the divi shares are restricted but expect an answer from the company on that . Does anybody have any factual information of a company problem here ? Some items to be worked out sure . But I need facts if I am to think it is scam .
Posts: 12 | From: Del Rosa Hills | Registered: Jul 2006
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quote:Originally posted by SuperIntimatrader: Yes ..and I understand Wally .part of me wants and prefers to belive the stock will be just fine . Because I own a large possition .However my thoughts are still as I said before . It may sink { and I don't know that it will } . but if it makes it I think it will make it on a very large level .
The company swifty put out the Pr that -------- left . A replacement could be in the works . And perhaps the replacement is the one to now put out the releases .
I'm not sure why the divi shares are restricted but expect an answer from the company on that . Does anybody have any factual information of a company problem here ? Some items to be worked out sure . But I need facts if I am to think it is scam .
How about giving us any facts at all that show they are in business or doing anything at all. No word from them since May 17th. Everything posted here on this thread plainly shows all the red flags we look for about a stock that would tell us not to put our money into it. If you wish to believe whatever you want based on your own imagination, far be it from me to stop you. As I stated If you post glowing accolades I will be there to post the realities. The realities have been well documented.
GLTA Wally
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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quote:Originally posted by SuperIntimatrader: It may sink { and I don't know that it will } . but if it makes it I think it will make it on a very large level .
Uh...it's a .0001 stock Clark...After that it doesn't sink
It IMPLODES!
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
PHBT has never made money . Been around for awhile and pending a united states patent or two . And it is documented the patent aplication and pending status . So low as the price is if the news comes of a patent issued all investors holding will have bank .
JYSR went from .25 cents a share at end of 2005 { where I bought my first shares } to 1.50 a couple of months ago where I sold off my possition . Yet they have no assets , no real revenue and are a cyber based piece of hole in the wall crap that can't even pay the vice president of sales on time .
OK ... want more .How about WBRS . Changed it's name again and again , drops off the radar with no PR's or news of any kind for all of eternity and a far as I know I am the only caller to actually get through and speak with the ceo in a year time frame . Pretty scary right ." NO " not really when I noticed things I could take advantage of over other traders thinking . I bought a but load at 2 cents a share and held tight till many weeks ago when it had a run . I parashuted out at 8 cents a share and landed on a big pile of cash .
PENNY FOR YOUR THOUGHTS
[ July 02, 2006, 23:58: Message edited by: SuperIntimatrader ]
Posts: 12 | From: Del Rosa Hills | Registered: Jul 2006
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posted
So you are saying if you hold any stock long enough it will eventually run regardless of them being in business or not. That's fine. But that is not what you have been saying about VWKM. You have been talking of it making a major run and being a great investment.
I asked you about this stock. All you have is that a few that you have been in got lucky. If you are playing a moon shot and say so no one will come down on you for that. Playing a moon shot that hits isn't smart trading it's luck. VWKM is a moon shot now. There is no basis on merit to invest in it.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
There are many stocks I will never touch as I see nothing in them . I have never said hold on to all stocks they will eventually run .I'm not even saying buy this stock .If it goes up will go up .if it fails it fails . It has not failed at this time . And many people give socalled insight that is dense with assumption of the sky falling . Just learn to give the information straight . That seems to be very hard for you .Unless you bought much higher where is the real risk . I can say that some stocks look very likely to move up . Risk against gain this stock is a powerhouse . It can fail if the company can't solve problems or has a monkey at the helm . Well it does not have a monkey at the helm and it is envolved with strugling new management . Not to mention we simply need new information as we are in the dark for now .
Just tell me why some people can't wait for the facts . They take limited negative info and create a much larger negative picture . Then like a pack of wolves others with no time to wait jump on the " sky is falling " train . We all know some bit of info . That the company has had no recent PR's , high float , low pps , executive leaving , lots of socalled banter on different sites { much unverified } and many upset that their little .0001 purchase has not turned into a big flip for them .
Sometimes I wonder if you even realize your playing with stocks . Once you learn to leave your emotions out of it you will see a better picture . I can buy into a stock that has so much panic around it most would wonder my thinking in buying it .But remember { panic is an emotion } . I use traders emotions to see how that will calculate to probability effecting stock price . But I do not get emotional in my trades .
A friend talked about STTK and invited me to join the train as it had big movement one day . I could find no valid reason for the company having a sudden increase in pps . The news was not strong enough and more hype than hope . It was clearly pure emotion driving the price up .I would not touch it with a ten foot pole . People lost a lot of money in the next few days after that . I saw it , but it was hard for me to see that others did not .
VWKM is a puzzle with missing pieces .We need the other pieces to put the puzzle together . Or you do not see a factual picture .So lets get the missing info then descuss this company . Then we can make the smartest reactions to owning this stock .
To react now makes no sense . We all bought in low . In the next few weeks I expect will will know the full picture . React then .
Posts: 12 | From: Del Rosa Hills | Registered: Jul 2006
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posted
You assume that I'm emotional about this company or my investment. You are wrong. I have already chalked the money I put into this up to experience.
"VWKM is a puzzle with missing pieces .We need the other pieces to put the puzzle together . Or you do not see a factual picture .So lets get the missing info then descuss this company . Then we can make the smartest reactions to owning this stock"
These are facts that have been presented throughout this thread.
(1) Since before May 17th Mark and Co stopped answering the phone and investors questions. There has been no communication from him or anyone else since that time.
(2) The General Manager, Rick "Moe" Erickson abruptly left the company on May 15th prior to the term of his contract ending. Rick had the contacts in the cable industry and was the driving force behind contracts being signed to carrier NSTV signal.
(3) The company Website, including TV schedule has not been updated since May 17th.
(4) Crawford Communications, one of the companies that are contracted to carry the signal, are not only not carrying the programming but haven't seen or been in communication with Mark or anyone else from the company since before May17th.
(5) According to PR's from Mark the grand rollout of New Screen TV was to have taken place May 1st. Here we are 2 months later and no roll out.
(6) PR stating 15% Dividend as a reward for all loyal shareholders turns out to be Restricted Stock which not only was never mentioned but was amended after it had been posted on the OTCBB Daily List.
(7) After making a point of stating concern for shareholder confidence and buying back 400M shares Mark issue over 12B shares and dumps them on the market. Then increase the Authorized Shares from 20B to 30B.
(8) The stock has been trading with No Bid for close to 2 months.
(9) In the midst of uncertainty Mark states in a PR that they need to open an office in Hollywood, Ca and look for a Production Studio.
(10) Aurora's one of the companies that signed an agreement to carry New Screen TV isn't even broadcasting yet.
No. I'm not looking at this with emotions, I'm looking at it with logic and common sense. Both of which tell me that the future isn't anywhere near as bright as you and a few others want to believe. What exactly are we supposed to find out in 2 weeks that will change everything? The only missing pieces to the puzzle happen to be Mark and his wife Naveen who run the company. Now you say you wouldn't touch STTK with a ten foot pole because the news wasn't strong enough and more hype than hope. So tell us, what and where is the news that is so strong and full of hope that it will make VWKM this powerhouse you speak of?
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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We appreciate that information but we all know these things . You can't tell me why erickson left .Maybe he wanted a new contract with a much bigger benifits package in line with much increased revenues about to dwarf his current package with existing contract .
His ammunition to force a new contract would be that he holds the contracts and leaving would force a disruption in service that we see now . No updating the website and lack of PR's would most likely follow . And obviously this is a connection to the restricted dividends . I would expect that to be corrected to free trading shares when PRs' continue . And I expect PR's to continue when they have a replacement for Erickson .
I know they blasted additional shares on the market but as I remember it was done with a reason and they would work to pay that back down . Means taken to create the revenue stream are exceptable financially .
Mark certainly has to work a few things out and part of that is to take on Eriicksons roll as best he can untill a replcement is found . Such as stepping upto bat in connection with affiliates . Add to that any possible transition to a new office and studio and you have series of set backs to be worked out .I think mark is fully capable of handling all these prpblems .
Once again .The company my fail or it may not fail .But there is no in between here . We may lose our investment but for me that is at .0001 . That is the lowest possible price we can buy at . I'm not saying we will lose .I am saying we can . But we can also be riding a stock in a company that is behind the scenes handling and working out all these problems . Well if the company gets past this to the creation of an established and increasing revenue stream the gloves are off. It will continue to sign new affiliates and expand it's viewership and popularity of programs . It will increase it's revenues and compound its cash . Cash that is available for company growth and expansion , buying back bulk blocks of shares and even more dividends .
Look at my profile Wally and you will see what I do for a living . Risk against gain this is a must have stock for me .
Posts: 12 | From: Del Rosa Hills | Registered: Jul 2006
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posted
Super-blow-ve-ater! The wind your passing is even a gots the tree's to bending a ways over up here in Or-ee-gone!
Geezz! Me windmill is spinning off a it's tim--bers, me ships is a straining at their An-Keers!
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
That is a pretty good list of facts but it isn't full proof.
1. The company doesn't return investor calls, but the phone and answering machine are still on. So they paid the phone bill.
2. CEO leaves before contract up. I didn't know it was tied to a contract. Can you provide a link?
According to the pr he left when his phase was complete. Doesn't sound like anything except he finished what he was hired to do. Basically get contracts which he did.
3. Amended filings to be restricted. If a pump and dump why would it matter if restricted or not? It would matter if there was a deal in the works such as a buyout. Someone needs to explore why making them restricted helps a pump and dump and explain it to me.
4. Website and programming not updated. I can't answer that except to say it is bad manners. My understanding that OEN, Aurora, and Eagle haven't started programming yet so why would a website help them?
It doesn't look like a scam to me. It looks more like they ran out of money, tried a divvy to get volume enough to sell and couldn't raise the money.
According to all the pr's they are way ahead of schedule so maybe the contracts got ahead of the rest of the business plan.
Maybe someone will get them some financing and it will be ok for a while or maybe buy them. Maybe I am way off and it is a scam.
Posts: 660 | From: Kansas | Registered: Mar 2005
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posted
Maybe they are hurting for money and maybe they are still trying to make it happen. All of that could be in a press release or stated by someone hired to just answer the phone and read a prepared statement, but they didn't do that. It doesn't look good to me. It appears that they have headed for the hills. I still have my shares because they won't sell.
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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posted
43 mill in volume today, no new pr and i have to guess its people buying b/c everyone says that they cant sell. Anyone have any thoughts???
Posts: 31 | From: Richmond, Va | Registered: Jan 2006
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posted
I called the Transfer Agent today to see if it was possible that additional dilution was going on. The guy said something funny, I asked for the Outstanding Shares and he replied that he could only give me the issued but not Outstanding Shares. I've never run into this before usually I ask for Outstanding and am given the figure, even in the past with this Transfer Agent. Below are what Investopedia says about Issued vs Outstanding shares.
Outstanding Shares
Stock currently held by investors, including restricted shares owned by the company's officers and insiders, as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock.
They are also known as "issued shares" or "issued and outstanding".
Issued Shares
The amount of authorized shares that are sold to and held by the shareholders of a company.Also known as "issued stock".
Issued shares include the stock a company sells publicly in order to generate capital and the stock given to insiders as part of their salaries. Issued shares do not include shares the corporation holds in its treasury stock or shares that are retired by the corporation after repurchase. The amount of issued shares can be all or part of the total amount of authorized shares of a corporation.
The total amount of issued shares outstanding in a company are most often shown in the annual report.
So the ISSUED SHARES are 23,984,254,488
Here is the Time & Sales for today also wierd
Time & Sales Price Size Exch Time 0.0001 2000000 OTO 10:51:33 0.00 4000000 OTO 10:15:28 0.00 9000000 OTO 10:15:03 0.00 9000000 OTO 10:14:33 0.00 9000000 OTO 10:14:13 0.00 9000000 OTO 10:13:48 0.0001 380000 OTO 09:34:24
Notice the trades inbetween the .0001 trades.
[ July 05, 2006, 21:31: Message edited by: wallymac ]
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
Maybe someone knows something, loooks like the same person bought or sold about 40 mil? Anyway to be able to tell if they bought or sold?
Posts: 31 | From: Richmond, Va | Registered: Jan 2006
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posted
Posted by: Chowme Demoney In reply to: None Date:7/6/2006 4:08:38 PM Post #of 4508
VWKM is a scam. I just talked to Crawford Communications and they said that at one point they were affiliated with VWKM but that they don't have anything to do with them anymore. 1-800-831-8027
posted
I have invested in several of these real "winners". I wonder what it would cost to just buy the majority interest and run it right?
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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quote:Originally posted by Skyman: I have invested in several of these real "winners". I wonder what it would cost to just buy the majority interest and run it right?
interesting thought..
Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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quote:Originally posted by SuperIntimatrader: PHBT has never made money . Been around for awhile and pending a united states patent or two . And it is documented the patent aplication and pending status . So low as the price is if the news comes of a patent issued all investors holding will have bank .
JYSR went from .25 cents a share at end of 2005 { where I bought my first shares } to 1.50 a couple of months ago where I sold off my possition . Yet they have no assets , no real revenue and are a cyber based piece of hole in the wall crap that can't even pay the vice president of sales on time .
OK ... want more .How about WBRS . Changed it's name again and again , drops off the radar with no PR's or news of any kind for all of eternity and a far as I know I am the only caller to actually get through and speak with the ceo in a year time frame . Pretty scary right ." NO " not really when I noticed things I could take advantage of over other traders thinking . I bought a but load at 2 cents a share and held tight till many weeks ago when it had a run . I parashuted out at 8 cents a share and landed on a big pile of cash .
PENNY FOR YOUR THOUGHTS
Intim,
I definitely want more....not the success stories, but the plays you see coming. same as examples above but at the beginning...
anything in the pipeline besides PHBT waiting on the Patent news?
obviously I will do my own DD, but a few hints never hurt Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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posted
WILMINGTON, Del., Jul 12, 2006 (BUSINESS WIRE) -- Vision Works Media Group, Inc. (Pink Sheets:VWKM) announces that Ray Jogoditch has been appointed the new President of Vision Works Media Group, Inc. Ray Jogoditch has accepted the resignation of Mark Astrom, former president and CEO of VWKM.
New Management of the company will be issuing news to the public in the coming days and disclosing their future plans for the company.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
SOURCE: Vision Works Media Group, Inc.
Vision Works Media Group, Inc., Wilmington Ray Jogoditch, 407-401-8935
Posts: 711 | Registered: Feb 2006
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