-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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Wow, that's a big one. The price should be 10,000 times what it closed at today....for about 2 seconds before it falls off a cliff.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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I have a hundred million shares ...Well I did that is ..
Now I guess it is 10,000 .
Someone please give me insight to what this r/s might mean ...?
It is hard for me to see that they would want the price to go down ..so might they have something in the works ..? Might there be something else besides the name change and r/s .... Talk to me ..
Posts: 388 | From: redlands | Registered: Jul 2006
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Thanks, I found it in at least this one PR on 5/17/2006 "company policy" huh?
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Vision Works Media Group, Inc. 15% Stock Dividend To Be Paid to Owners of Record on June 1, 2006
By BusinessWire Last Update: 5/17/2006 9:00:08 AM Data provided by
OCALA, Fla., May 17, 2006 (BUSINESS WIRE) -- Vision Works Media Group, Inc. (Pink Sheets:VWKM) and wholly owned subsidiary New Screen TV, Inc., the new independent film-dedicated TV channel, have announced that all shareholders of record on June 1, 2006 that own 100 shares will be issued 15 shares of VWKM stock. The mail date shall be June 15, 2006.
Company policy is no reverse stock splits.
This action is being done to reward shareholders for their loyal following of the company. New Screen TV's focus is on signing affiliates to the company's Television basic cable service and Video On Demand. Distribution of New Screen TV is via the SES-Americom AMC-10 satellite.
Rick Erikson, New Screen TV's General Manager for the past year, has announced that he is joining New Media Enterprises, Inc. effective May 22nd. He will be departing New Screen TV effective May 19th. Erikson helped manage and plan the expansion of the company from a local broadcast operation in Orlando to a nationally available pay-TV service.
New Screen TV is the first truly independent film channel that programs independent movies, documentaries, specials, series, concerts, music videos and productions.
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.
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-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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But what happens after the dip in price or possible panic sell ? What purpose would the r/s split have if price was to dive ...The company wants a higher price . I would think they have some kind of news planed to keep the price from dropping and to infact help drive it up ....Am I missing something ? Why would a company like this simply do a r/s to watch price dive ....? Let's talk about other posibilities of what might be happening .
Posts: 388 | From: redlands | Registered: Jul 2006
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A compnay usually does a r/s because they have run out of ink on the printing press and are up against the authorized. So, not only will the price plummet for us, the company now gets to start printing all over again (causing the price to go down all over again....i.e. see Pacel in the Hall of Shame for impact) as the authorized is usually left unchanged. Perhaps the new management will reduce the authorized like a number of companies have done recently and the share price might actually stabalize. Of course, we have no idea whehter this will be a communications outfit, a widget maker, or are going to make accessories for Ken and Barbie. That will be the interesting part to hear in the coming days.
quote:Originally posted by triovestor: But what happens after the dip in price or possible panic sell ? What purpose would the r/s split have if price was to dive ...The company wants a higher price . I would think they have some kind of news planed to keep the price from dropping and to infact help drive it up ....Am I missing something ? Why would a company like this simply do a r/s to watch price dive ....? Let's talk about other posibilities of what might be happening .
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
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What is going on ? The name has changed in my ameritrade account but not the number of shares yet .Is anybody trading it ?
Posts: 388 | From: redlands | Registered: Jul 2006
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What is going on ? The name has changed in my ameritrade account but not the number of shares yet .Is anybody trading it ?
Posts: 388 | From: redlands | Registered: Jul 2006
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Well I can't stay up waiting for it to trade any more ...I'm to tired ..Been up for two days now ....I need to crash .
so I guess I will just sit and see what happens ..Anyhow I would not want to sell at the bid I see ...Looks like 10 cents ... Not sure why ..But something telling not to sell anyhow ..like something in the works we don't know about .
Posts: 388 | From: redlands | Registered: Jul 2006
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Anyone know how or when the tickers change in Etrade? How can I sell this now? Do I need to call the etrade directly to get this done? How is everyone else handling this?
Any input will help, Thanks
Posts: 163 | From: Colorado | Registered: Apr 2004
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-------------------- 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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astrom was a croc he should be jailed he said NO RS...glad i never bought this garbage * .0001... not even 20 bucks...pos
Posts: 3086 | From: miami | Registered: Nov 2005
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they give you a div. of shares for being loyal then chop them up????? wholy mackademi!
gotta dd this
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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sorry folks, just read the thread, I am way behind the 8 ball.
got it, oh well, this was a lost cause when Astrom walked off last month. the fact that they are not on the SECURITY DELETIONS <inactive security> list is a positive to me.
after not being able to sell for months, I though it was here just for show, never thought it would have any resurrection. it costs a few nickels to go through this change.
that's something
Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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Duped again by another peeny scam company. Has anyone even received the 15% divies as promised (I didn't). And now this BS RS after numerous promises of no RS. I'm getting out ASAP before this drops from 0.10 back to 0.0001 again. No news, no website, nothing. This is a total BS waste of time scam and someone should investigate this company. I for one am going to file a complaint with the SEC based on mis-information.
Posts: 170 | Registered: Jul 2005
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Has anyone tried to call and speak with anyone at the company about this? I've tried and just get some nerdy little male voice on the answering machine telling you to leave a message. So much for the major media dynasty that VWKM was supposed to become. Their website is useless so there's no other way to contact them. I'm mad as hell and not going to take it anymore. This company has given us the royal screwing and there's no way to even contact anyone to complain.
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a lot of PR and a lot of possible income all the way back through '05. Tomorrow should be real interesting to see if they try and bail themselves out. They sure did know how to advertise. Good óle pink sheets
[ July 27, 2006, 17:45: Message edited by: BooDog ]
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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looks like there were some trades today. The price dropped 80% to .20 on volume of 9,160.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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still trying to figure out why someone would buy into this. A web site (that doesn't serve a pourpose) and a zillion PR's is all i see.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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