posted
There should be a thread/forum somewhere with newbie questions. This thread is about GMSC, not newbie questions.
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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Today’s Price Performance as of 3:15pm EDT, 10/19/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.0084 Last Price 0.0001 -1.18% Today’s Change $0.0085 Today’s Open 104,442,302 Above Avg. Today’s Volume
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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posted October 19, 2006 01:58 PM -------------------------------------------------------------------------------- This is what i call good business! GMSC cares for the shareholders. And like i said, many BIG buyers called the company. This is big enough for the company to release a PR for our support. GO GMSC!!!
Grand Entertainment & Music, Inc. Offers Clarification Concerning Recent Letter of Intent Thursday October 19, 1:45 pm ET
MONTREAL--(MARKET WIRE)--Oct 19, 2006 -- Grand Entertainment & Music, Inc. (Other OTC:GMSC.PK - News) would like to clarify the press release regarding the letter of intent (LOI) made earlier this morning.
ADVERTISEMENT
Quite a few concerned shareholders have been calling the company with questions in regards to the LOI statement released earlier this morning. This LOI is just the early stages of an offer. As a company, it is in Grand Entertainment's best interest to explore all viable offers. The company is not under any contractual duty to accept the $.02 sale price, and based on recent market activity, a higher price may well be justified. As it was mentioned in the earlier statement, the company is dedicated to doing what is best for the shareholders.
"I feel that it is not good business practice to turn away potential offers before we have heard them out," stated president, Fred Berlin. "As I stated earlier, I am committed to our shareholders, and their best interest is my number one priority. I will be meeting with board members and consultants this weekend to discuss this offer further. We released the LOI statement because we felt it is important to keep our shareholders apprised of all major developments concerning the company."
About Grand Entertainment & Music, Inc.
Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music company that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's multi-million dollar studios produce voice-overs and sound tracks for commercials and film, which are used on the radio, television and in theatres. Cherry Studios has produced thousands of records in its studios and has to its credit a total of 23 gold and platinum records. GEM, a pioneer in the Internet distribution and digital download field, currently owns and controls all its content and distribution rights. Having both content and distribution rights will enable the company to fulfill its mission of becoming a leading consolidator of quality music catalogues as well as a premier production, recording, publishing and Internet distribution company in the music industry.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM), Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995. -------------------------------------------------------------------------------- Posts: 971 | From: Houston, TX | Registered: Feb 2006 | IP: Logged |
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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posted
Yep thats right. Those BIG buyers put pressure on GMSC to hold out till at leats .05. Even the company said that they are considering it knowing the recent activity of the stock.
Don't fall for any MM traps, hold shares and make money. This will go up more IMO.
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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posted
22 mins to go. Lets see if we have a good EOD run like i predicted. I say we close at .0095
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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posted
I'd like to see a PR with the list of the people attending the party tonight. It would be cool if there are some really BIG names.
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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posted
megahead34- Believe me there will be plenty of stars there. Miami is loaded with stars and they love to party. Just the other day I saw Sylvester Stallone on the golf course down town Miami.
Posts: 517 | From: jupiter, florida, usa | Registered: Apr 2004
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posted
Yep. I'd like to see a PR stating which stars were at the party. Maybe today or monday!
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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posted
Grand Entertainment (OTC: GMSC) - Thursday's shares decreased 11.76% to $0.0075 per share with a total of 110,655,108 shares traded. The company would like to clarify the press release regarding the letter of intent (LOI) made earlier. This LOI is just the early stages of an offer. As a company, it is in Grand Entertainment's best interest to explore all viable offers. The company is not under any contractual duty to accept the $.02 sale price, and based on recent market activity, a higher price may well be justified. As it was mentioned in the earlier statement, the company is dedicated to doing what is best for the shareholders. "I feel that it is not good business practice to turn away potential offers before we have heard them out," stated president, Fred Berlin. "As I stated earlier, I am committed to our shareholders, and their best interest is my number one priority. I will be meeting with board members and consultants this weekend to discuss this offer further. We released the LOI statement because we felt it is important to keep our shareholders apprised of all major developments concerning the company."
Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music company that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's multi-million dollar studios produce voice-overs and sound tracks for commercials and film, which are used on the radio, television and in theatres. Cherry Studios has produced thousands of records in its studios and has to its credit a total of 23 gold and platinum records. GEM, a pioneer in the Internet distribution and digital download field, currently owns and controls all its content and distribution rights. Having both content and distribution rights will enable the company to fulfill its mission of becoming a leading consolidator of quality music catalogues as well as a premier production, recording, publishing and Internet distribution company in the music industry.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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