posted
this just may be the stock that turns your week around. we should know pretty quick tomorrow. This is getting a lot of attention and everyone wants that lotto ticket. I think this is it.
Especially when the sell at the ask went through. I actually thought we would see high .05's or low .06's I am hoping tomorrow is the day. I followed the Jphc/Paiv/Pavc ordeal since I had serveral million in JPHC this looks like it can be the same type of thing, that went up over 170,000% from .0002 to .36 imagine if this done the same?
If my math is right up 5,000% in the past two days alone....This may even be bigger then the Jphc/Paiv/Pavc ordeal. Only time will tell, but I bet if that does happen ur trading week looks a lot better :-) .0009 to 1.53? That would be 170,000%......Now that is wishful thinking :-)
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quote:Originally posted by wildweb: Now that is wishful thinking :-)
Yeah, and incorrect thinking...
First of all, where did you get 5,000% up in 2 days?
Secondly, JPHC/PAIV was not 170,000%. It was never as low as .0002 or as high as .36 (which, incidentally would have been 180,000%, not 170,000%)
PAIV low point was .0007 and high was .285 (with one bad print at .35 when the ask was never over .285). That's a whopping 40,000%+, but quite a ways form 170,000%
Also, PAIV was a situation where people or brokers were being forced to buy back shares, and documented, actual people were verifying it. This is a case where a company PRs that someone sold fake shares and will have to buy them back. Unless you can get proof that someone is buying the shares back (and a company PR does NOT constitute proof here in penny land) you need to be really careful here.
Not to mention the fact that PRing a "huge illegal short position" is a nice way to get the attention of the SEC, and a long halt can freeze a lot of your money in a hurry, and you never know if/when you'll see it again.
See BCIT and BHUB for examples.
Good luck to anyone in it, but be very careful.
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posted
Hi pcola....My math was off a bit but the fact is the first trading day that jphc turned to paiv the stock was at .0002 per my etrade account. So if that was wrong I appologize, but I know that paiv was down over 99% on the first trading day because the restricted shares were sold by a lot of people.
You should be careful with any stock here.....Thats why its pennys and they are always a gamble. In this case the PR says::
"all sold shares will have to be re-purchased on the open market and returned to the company treasury"
Isnt that similar to what happened with paiv? or am I wrong on that? Paiv shares had to be purchased on the open market as well right? The company is not cancelling the shares, the people who sold them will have to purchase them back and return those shares to the company....Correct me if I am wrong, as I am not here to mislead others if that is the case I am reading this all wrong.
To answer were did I get the up 5000% in two days. Opened tuesday at .0009 closed today at .041 so I am sorry my math was on again that was only like 4,600%...
I do thank you as always for your insight Pcola, you usually watch out for all of us investors....Its always good to hear the negative as well as the positive.
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Nashville Records, Inc. (PINK SHEETS: NSHV) is currently negotiating with two big name artists for the USS New York project and another associated project. The Company will soon release information on these artists. Recordings have commenced and have been recorded by top musicians, including musicians of Dolly Parton and John Michael Montgomery.
The first artist is a young female singer with over ten Top 10 recent hits and is an award-winning vocalist. She has sold millions of albums, and her singles have sold in many countries around the world. Few artists from any genre have had the impact of this artist with singles at the top of the Billboard Charts for many weeks at a time. The Company will release her name and accomplishments in an upcoming news release. She is performing "Never Forget," the ship's motto. A song demo clip can be heard on the Company's website at www.nashvillerecords.com.
The second artist selected is a male singer, equally impressive as his female counterpart, with multi-platinum success and is not only a gifted vocalist but also an accomplished musician. He has dozens of chart-topping hits. The Company anticipates releasing the name and accomplishments within the next several weeks. The song he is performing is titled "The USS New York," which is the name of the ship that was constructed in part with 24 tons of steel from the World Trade Centers.
The Company will further release information in an upcoming PR concerning a Military-based album featuring today's biggest artists. It is estimated a total of twelve to thirteen acts will be selected--five have already indicated a commitment. The project comprises single releases, album release and concert events. One project objective will promote the USS New York events. On June 20th Nashville Records(TM) received the agreements from Rock Bottom Distribution, a 40-year-old company, which has been doing business with AAFES for the past 20 years. This opens the project up to worldwide military distribution, nationwide Walmart and Kmart stores, Borders, Amazon.com, Books-A-Million, Be-Bop Records, Best Buy, One Stop, Super D and many others.
Arlene Hubbard, a Company spokesperson, says, "It's exciting to be part of Nashville Records(TM) and see the Company's rapid development. We will release the news as soon as we complete each artist's contract."
posted
A couple of thing. Yes, the part you highlighted about people being forced to buy back is what happened with PAIV, but my point is, NEVER EVER EVER take the word of a pinksheet company as truth. In the PAIV situation, many of us knew first hand that people had sold restricted shares and had to buy them back, and many others relied on the fact that many people were postng about their experience. It may be difficult or impossible in this situation to prove that what the comany PR'd is actually true. If there is an offending party, I doubt they will be out there telling everyone that they have to buy thes shares back. And as far as what I've read, the offending part hasn't been named, so you couldn't even contact them to get a feel for their mood. Could be that everything they did was totally legit, the company may have misinterpreted terms of the contract, and the sellers will have no responsibility to buy back a single share.
that's why I am saying to be careful, in addition to the chance of a halt and essential 100% loss.
As far as your math, maybe I am wrong but I see .009 two days ago, which would be 460%, not 4600%. Let me know if I'm incorrect.
And JPHC WAS .0002, you're correct about that, but the day of the merger JPHC shares essentially ceased to exist, and APOA turned into PAIV, which bottomed out at .0007 I think. THe JPHC price had no bearing on anything.
Anyway, I'm just trying to show the other side of the coin, because greed/hype/momo can be an absolute killer to accounts if you don't play it correctly.
Good luck.
quote:Originally posted by wildweb: Hi pcola....My math was off a bit but the fact is the first trading day that jphc turned to paiv the stock was at .0002 per my etrade account. So if that was wrong I appologize, but I know that paiv was down over 99% on the first trading day because the restricted shares were sold by a lot of people.
You should be careful with any stock here.....Thats why its pennys and they are always a gamble. In this case the PR says::
"all sold shares will have to be re-purchased on the open market and returned to the company treasury"
Isnt that similar to what happened with paiv? or am I wrong on that? Paiv shares had to be purchased on the open market as well right? The company is not cancelling the shares, the people who sold them will have to purchase them back and return those shares to the company....Correct me if I am wrong, as I am not here to mislead others if that is the case I am reading this all wrong.
To answer were did I get the up 5000% in two days. Opened tuesday at .0009 closed today at .041 so I am sorry my math was on again that was only like 4,600%...
I do thank you as always for your insight Pcola, you usually watch out for all of us investors....Its always good to hear the negative as well as the positive.
posted
Hello Pcola....Yes .009...so my math was off you are correct on that. I dont know where I got the .0009...Added another 0 duh!.
No I think its good you show the other side of the coin, and also correct my math :-)
Scary huh, I work for a big advertising company and do math quite a bit....Guess my brain was on melt down after work....That extra 0 didnt help either :-)
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posted
Green Day, bid is .032 ask is .04. Currently down 20% at .033. Big spread, so one buy at the ask and you are back to even for the day.
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posted
I don't have a lot invested here (holds true for any of the pinkies I get into), but I can't see selling this for at least a week or two. Chances are high that the buyback's haven't even hit the market yet. I still think there is a lot of upside yet to be seen, however, I don't blame anyone who takes profits on the way up. It's going to take a few days for the volatility to subside.
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posted
Wow...can't believe I had to go to the middle of the second page to find this thread. Guess people on this site aren't as excited as everyone else about all the things to come. Tommorrow should be a very nice day IMO. Between the share buyback, the momo, and the much anticipated news thats supposed to be released Tuesday, I say it easily closes over a nickel and possibally alot higher. Should be a fun week!
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posted
Need to get the weak hands out before any move up, IMO. I also think that any PR needs to be chock full o' meat, otherwise, you'll see more selling.
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Nashville Records(TM) Announcing Major Artist for the USS New York Tuesday June 26, 10:30 am ET
NASHVILLE, Tenn.--(BUSINESS WIRE)--Nashville Records, Inc. (PINK SHEETS: NSHV - News) has reached a memorandum of understanding with representatives of LeAnn Rimes to have Ms. Rimes as a solo artist on the USS New York project for the song entitled "Never Forget" written by Anita Cox of the Nashville Records Label(TM). Ms. Rimes has sold 37 million records and has been awarded two Grammy's. She recently sang on the movie soundtrack "Evan Almighty" which hit theatres on June 22nd. Further details will be released in the upcoming weeks along with announcements of additional artists associated to this and another project known as "the patriotic album."
ADVERTISEMENT The USS New York ship being commissioned was constructed with 24 tons of steel from the World Trade Centers. The patriotic album will feature today's biggest artists. It is estimated a total of twelve to thirteen acts will be selected and company representatives will be in negotiations with artists over the next four weeks. The project comprises single releases, album release, and concert events that will not only sell products but will also promote the USS New York events.
The Company received the necessary agreements from Rock Bottom Distribution, a 40-year-old distribution company, which will provide nationwide Walmart and Kmart stores, Borders, Amazon.com, Books-A-Million, Be-Bop Records, Best Buy, One Stop, Super D and many others. The Company also has the agreements needed to market products with AAFES for worldwide military distribution. In addition, agreements are in place to market the projects with various military organizations and private distribution channels. According to the company the most important ingredient for any label's success is distribution.
Forward-Looking Statements:
Statements in this release relate to the Company's expectations with regard to the future impact on the Company's results, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "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. This information may contain statements that involve risk and uncertainties and subject to change at any time. The Company's actual results may differ materially from expected results.
Contact:
Nashville Records, Inc. David J. DiRicco, 877-995-0992 (Toll Free) davidjdiricco*comcast.net
posted
This company certainly has a great deal of potential and a good management team, but I'll feel a whole lot better once they start generating some revenue.
I've been very disappointed with the ridiculous B/A spread here the past couple of days, but seriously, how long can they hold this down?
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Nashville Records(TM) Announces Receipt of Letter of Commitment to Secure a 1.5 Million High Yield Debt Instrument Wednesday June 27, 9:23 am ET
NASHVILLE, Tenn.--(BUSINESS WIRE)--Nashville Records, Inc. (PINK SHEETS: NSHV - News) is pleased to announce it has received a letter of commitment from an East Coast private boutique investment banking firm to place a 16% five year note, secured by a controlling block of insider stock and a security position in the cash producing assets of the Company including its 2007 Christmas Album, the long anticipated Patriotic Album with an all star lineup of recording artists, and the highly publicized USS New York christening with the song rights owned exclusively by the Company.
Nashville Records(TM) President, Gene Sibbett says, "This financing will enable the Company to complete the beta for TriMark(TM) anti-piracy technology, continue signing its A Level entertainers for the Patriotic Album & the USS New York projects and recordings. But the best part is--this is funding that's complete without free trading stock."
Owing to the fact that the banking firm is not a publicly owned or chartered firm, and the sensitive nature of it negotiations with institutional funds, it has requested its name not be disclosed at this time. As details and closing date in July are agreed upon, the firm and funds will become public and disclosed.
Sibbett says the negotiations with artists for the Patriotic Album and the USS New York project have gone incredibly well and with this funding package there won't be any letters of intent but straight to contract with most all artists. Artists will be announced in news releases as contracts complete.
Forward-Looking Statements:
Statements in this release relate to the Company's expectations with regard to the future impact on the Company's results, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "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. This information may contain statements that involve risk and uncertainties and subject to change at any time. The Company's actual results may differ materially from expected results.
Contact:
Nashville Records, Inc. David J. DiRicco, 877-995-0992 (Toll Free) davidjdiricco*comcast.net
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posted
"That's more like it"? Are you NUTS? 16% interest on a loan? They shoulda just put it on their credit card. Jesus.
quote:Originally posted by binsleep: Now, that's more like it!
Nashville Records(TM) Announces Receipt of Letter of Commitment to Secure a 1.5 Million High Yield Debt Instrument Wednesday June 27, 9:23 am ET
NASHVILLE, Tenn.--(BUSINESS WIRE)--Nashville Records, Inc. (PINK SHEETS: NSHV - News) is pleased to announce it has received a letter of commitment from an East Coast private boutique investment banking firm to place a 16% five year note, secured by a controlling block of insider stock and a security position in the cash producing assets of the Company including its 2007 Christmas Album, the long anticipated Patriotic Album with an all star lineup of recording artists, and the highly publicized USS New York christening with the song rights owned exclusively by the Company.
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