posted
By my reckoning, the amount of shares bought by the CEO is about 10% of the OS. Not to shabby. TMAN...
Family Room Entertainment Officer Purchases Additional Shares on the Open Market Tuesday July 10, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Family Room Entertainment Corporation (OTCBB:FMLY - News), in accordance with Regulation "FD" (Full Disclosure), would like to announce that Co-chairman and CEO, George Furla purchased 25,000,000 shares of FMLY on July 5th, 35,000,000 shares of FMLY on July 6th and 10,000,000 on July 9th. All shares were purchased on the open market at a per share price of $0.0005. To date, George Furla has purchased 198,606,200 shares of FMLY. ADVERTISEMENT
About Family Room Entertainment:
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions ("EFFP"), Emmett Furla Films Distribution ("EFFD") and EFF Independent (EFFI"), is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY". Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment's goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting and service fees and royalties as well as participation in the profits, if any, of certain of the pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive development, production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and arrange with third parties to produce and finance motion pictures which are in the moderate to higher level budgets, which can be distributed by those with the expertise to effectively do so to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as that are defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Contact: Family Room Entertainment Corporation IR Contact: M. Dal Walton, III, 323-993-7317 ir*fmlyroom.com
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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posted
can someone more knowledgeable than me, explain what this news mean if anything.Thanks
Posts: 83 | From: ny | Registered: Dec 2006
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posted
It's called insiders trading. When insiders buy their own stock, that could be a sign that things are going ok and that future plans will be good for the company. They are investing their own money so that means they have a lot of trust that the pps will rise as the company performs better. When insiders sell, it means things are not going ok and the company is most likely headed for trouble.
posted
Agree with the first part, but not the part about selling. Insiders sell for tons of different reasons. Some get no salary, only shares, so they cash them out periodically as their source of income. Yeah, plenty sell when the company is doing badly, but a sell itself isn't an indicator of bad performance.
quote:Originally posted by TopRob: It's called insiders trading. When insiders buy their own stock, that could be a sign that things are going ok and that future plans will be good for the company. They are investing their own money so that means they have a lot of trust that the pps will rise as the company performs better. When insiders sell, it means things are not going ok and the company is most likely headed for trouble.
posted
Yeah, you're right PCola, it's not always a bad sign. I just didn't want to get into a long definition. Sometime they also sell when leaving the company even though the company may be doing well. Howerver, I would perfer to follow a company where insiders are buying rather than selling any day, no matter why they are selling, cause you just never know.
In the case with FMLY, I think they are buying as an incentive to work hard to make the company profitable. 198.6M shares is almost $100k, so having the pps rise to just 1 penny would bring the CEO $2M.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
Family Room Entertainment Project Report for June 2007 Thursday July 12, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY - News), in accordance with Regulation "FD" (Full Disclosure), would like to announce that it anticipates at least three of its productions will receive US theatrical releases the next twelve months. Although there is no assurance that any yet to be released motion picture will be released, management is highly confident that it has at least three productions that will be theatrical releases in the next 12 months. Additionally, Management will continue to keep shareholders abreast of developments, such as release dates, in connection with these productions as said information becomes available.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
With all the production going on, it's just a matter of time before things turn around and profits start pouring in. -------------------------------------------
Family Room Entertainment Television Project Report for July 2007 Monday July 16, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY - News), in accordance with Regulation "FD" (Full Disclosure), would like to announce that it is in the late stages of negotiations with networks on at least two reality television programs, however there is no assurance an agreement will be consummated. Management will continue to keep shareholders abreast of developments in connection with these productions as information becomes available.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
new news out today tues 7/17,but i dont know how to post it.can some one post it price might go up
Posts: 83 | From: ny | Registered: Dec 2006
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Family Room Entertainment Starts Up with ''Major Movie Star'' Jessica Simpson Tuesday July 17, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Family Room Entertainment Corporation (OTCBB:FMLY - News) would like to announce that principal photography on the Jessica Simpson star-er, "MAJOR MOVIE STAR," has commenced in Shreveport, Louisiana. Family Room Entertainment Corporation's wholly owned subsidiary, Emmett/Furla Films, is providing producing services in connection with the picture which is being co-produced and financed by a third party, Millennium Films. Steve Miner, who directed the Emmett/Furla Films production, "DAY OF THE DEAD," will direct this picture.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
He definitely holds more than I do lol. TMAN...
Press Release Source: Family Room Entertainment Corporation
Family Room Entertainment Officer Purchases Additional Shares on the Open Market Thursday July 19, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Family Room Entertainment Corporation (OTCBB:FMLY - News), in accordance with Regulation "FD" (Full Disclosure), would like to announce that Co-chairman and CEO George Furla purchased 20,000,000 shares of FMLY on July 18th on the open market at a per share price of $0.0005. To date, George Furla has purchased 218,606,200 shares of FMLY. ADVERTISEMENT
About Family Room Entertainment:
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions ("EFFP"), Emmett Furla Films Distribution ("EFFD") and EFF Independent ("EFFI"), is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment's goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting and service fees and royalties as well as participation in the profits, if any, of certain of the pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive development, production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and arrange with third parties to produce and finance motion pictures which are in the moderate to higher level budgets, which can be distributed by those with the expertise to effectively do so to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Contact: Family Room Entertainment Corporation IR Contact: M. Dal Walton, III, 323-993-7317 ir*fmlyroom.com
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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posted
We're at a stand-off at .0005(10) x .0006(5), no buys and no sells. Could fly either way, up or down from here. Bids do look stronger than Ask though. With all the good news and CEO buying, I think it going to slowly go up over the next few days.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
Finally we're on a roll.. This stock is hopefully going to really take off in the next couple of weeks.
Posts: 13 | From: Minnesota | Registered: Jul 2007
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posted
Good future plans. FMLY is on the move. --------------------------------------------
Family Room Entertainment Explores Strategic Options Friday July 20, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Emmett/Furla Films, a wholly owned subsidiary of Family Room Entertainment Corporation (OTCBB:FMLY - News), in accordance with Regulation "FD" (Full Disclosure), would like to announce that it is exploring strategic options in an attempt to enhance shareholder value. Management will continue to keep shareholders abreast of developments in connection with these options as said information becomes available.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
This is good. Bids now growing with .0006, so that will take us away fron the 5's and closer to .0008. No sign of dumping or dilution, so next week is going to be very interesting.
.0006(2) x .0007(8) Vol=57M
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
At least Furla keeps on buying. Over 220mm shares is quite impressive imo. He has spent over 115 grand of his own money to purchase so I guess he thinks or knows something. (i hope) TMAN...
Press Release Source: Family Room Entertainment Corporation
Family Room Entertainment Officer Purchases Additional Shares on the Open Market Monday July 23, 8:00 am ET
LOS ANGELES--(BUSINESS WIRE)--Family Room Entertainment Corporation (OTCBB:FMLY - News), in accordance with Regulation "FD" (Full Disclosure), would like to announce that Co-chairman and CEO George Furla purchased 10,000,000 shares of FMLY on July 20th on the open market at a per share price of $0.0006. To date, George Furla has purchased 228,606,200 shares of FMLY. ADVERTISEMENT
About Family Room Entertainment:
Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions ("EFFP"), Emmett Furla Films Distribution ("EFFD") and EFF Independent ("EFFI"), is a publicly held company trading on the NASDAQ Bulletin Board under the symbol "FMLY". Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment's goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting and service fees and royalties as well as participation in the profits, if any, of certain of the pictures it produces.
The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive development, production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and arrange with third parties to produce and finance motion pictures which are in the moderate to higher level budgets, which can be distributed by those with the expertise to effectively do so to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful.
Forward Looking Statement:
Safe Harbor: Statements contained in this news release, which are not historical facts, are forward-looking statements as that are defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Contact: Family Room Entertainment Corporation M. Dal Walton, III, 323-993-7317 ir*fmlyroom.com
-------------------------------------------------------------------------------- Source: Family Room Entertainment Corporation
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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posted
renrob: If you liked that one - you'll love THIS one: HeeHee
"Nuttin's more fun than a Penny Stock Run"! (It's from someone named Dallasboy who used to post on Allstocks a lot - Don't shoot the Messenger" !! :-)
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
[QUOTE]Originally posted by TopRob: [QB] Looking very good. The CEO is probably buying out the .0008 now. I can feel the .0009 coming. Can you feel the .001's coming?
-------------------- ^..^ Posts: 3897 | From: New York | Registered: Jan 2004
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