posted
VRGD 273M o/s 500M a/s no o/s changes for a month acquisition complete
************************ Tuesday, December 02 2008 10:26 AM, EST Veridigm Completes Acquisition of Mobile Media Unlimited Market Wire "US Press Releases " LONDON -- (MARKET WIRE) -- 12/02/08 -- Veridigm, Inc. (PINKSHEETS: VRGD), a UK-based investment Company, is pleased to provide a shareholder update of Veridigm and security holders of Mobile Media Unlimited, Inc. (MMU).
Gary Freeman, President, commented: "Our acquisition of MMU is now complete. The principals and majority security holders of MMU closed on the controlling stakes of Veridigm equity in late November. MMU continues to raise significant interest in the trade by landing key accounts for MMU''s innovative services. MMU has also completed successful beta trials of the MMU ''web-only'' unique campaign platform. We expect record breaking growth and revenues for 2009."
Shulman and Associates LLC ("S&A"), a Boca Raton-based merchant banking boutique advising Veridigm on growth strategies, stated: "The preparations that we foresaw for Veridigm and MMU took longer than anticipated. S&A has a proven track record in helping companies succeed financially. S&A has assisted MMU with new clients as well as securing capital."
MMU is a leader in mobile marketing technologies. Utilizing proprietary state-of-the-art marketing solutions and our unique ability to reach millions of new consumers simultaneously. Our SMS text messaging targeted E-mail delivery and specialized lead generation systems are without global peer. With our extensive international "OPT-IN" DATA inventory, MMU strives to stay ahead of the curve, giving our clients a seamless delivery solution and the highest quality of customer service. In addition we have successfully beta tested, and are launching BLUE-TOOTH broadcasting. MMU can communicate with our target audiences, via mobile phones, PDAs and automobiles equipped with BLUE-TOOTH devices. This form of advertising, as of yet, has not been fully exploited in the United States . www.mmusms.com
Forward-Looking Statement: The statements in the press release that relate to the Company''s expectations with regard to the future impact on the Company''s results from acquisitions or actions in development 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. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
Contact: Taylor Capitol, Inc. Investor Relations: Stephen Taylor (973) 351-3868 Email Contact
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posted
273 o/s - still impact even with 50M down volume for last 2 days; stock is controlled by NITE - only heavy buying pressure will force it to cover. eom
Posts: 1580 | From: World | Registered: Jul 2006
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o/s 273,216,492 as of November 4/2008 Traded since: 169,505,596 o/s 273,216,492 as of December 4/2008
Posts: 1580 | From: World | Registered: Jul 2006
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posted
What makes you think that this stock will "boom" soon, to me the news you provided, while it looks good, its somewhat forward looking.
Posts: 2 | Registered: Dec 2008
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quote:Originally posted by falcons9: What makes you think that this stock will "boom" soon, to me the news you provided, while it looks good, its somewhat forward looking.
o/s is unchanged for a month even with ~190M traded down - you know the definition of "naked shorting"?
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posted
.0006 - huge volume last days. 320M+ traded since beginning of November & o/s is still 273,216,492 as of Dec 30/2008. eom
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posted
Posted by: EDWARD STEVENSON Date: Wednesday, December 31, 2008 3:10:56 PM In reply to: gator11 who wrote msg# 10012 Post # of 10085
VRGD ~ EDWARD STEVENSON spoke with the IR personnel who, himself, spoke in a very excited tone. He agreed with EDWARD STEVENSON that the MMU acqusition was huge and a big deal in fact because when he was asked what kind of revenue MMU brings to the table, he said that it exceeds 20+ MILLION. How about that for VRGD, a revenue stream of 20M+, with huge potential for growth, etc. In addition he mentioned that the company is to issue some updates on the progress that they have made here in early January.
posted
Monday, January 05 2009 11:37 AM, EST Mobile Media Unlimited/Veridigm Shareholder Update Market Wire "US Press Releases " LONDON -- (MARKET WIRE) -- 01/05/09 -- Veridigm, Inc. (PINKSHEETS: VRGD) today announced the Board has initiated final preparations for Mobile Media Unlimited, Inc. to be traded as a public company. Veridigm, Inc. (DE) will be name changed to Mobile Media Unlimited Holdings, Inc. (DE) in due course.
The Veridigm Board of Directors and MMU Advisors welcomes incoming Chairman, Chief Executive Officer Anthony Sasso effective Jan 01 2009.
Veridigm President Gary Freeman stated: "We have gone to extraordinary lengths to ensure that the Veridigm entity is up to date in all areas of previously unpaid taxation and that Veridigm is in good standing. This arduous task was necessary for the caliber of MMU clients who require qualifying 'means tests,' as well as long overdue Veridigm housekeeping in preparation for Y/E 2008 consolidated auditing and re filing for OTC BB listing status. Simultaneously, MMU's investors garnered control of a 'to be named' secondary US public company which will be utilized for alternative MMU financed projects, proprietary database research and analysis tools, licensing & branding of applications to 3rd parties, joint ventures & other miscellaneous investments that do not immediately qualify as MMU/Veridigm core competencies."
Manny J. Shulman, managing partner of Shulman and Associates LLC who advises Mr. Sasso, MMU & Veridigm, commented: "We are now satisfied that the criteria and qualifications of Veridigm are habitable for the MMU deal. Veridigm has just effected common stock cancellations to its treasury of 40,111,000 or 14.6% shares of common stock. We have formally closed Veridigm's Regulation D 504 offering as of 12/31/08 and irrevocably cancelled all outstanding Reg D 504 exemption legal opinions, Blue Sky exemptions and previously issued 504 shares are no longer exempt from registration. The Company is reporting a not inconsequential & wholly unexplainable differential between its free trading common share count issued and outstanding as reported by CEDE & Co/DTCC and its common share NOBO/OBO count as reported by S&P as compared to its recent Transfer Agent ledger. We do not foresee an immediate resolution of this suspicious differential and we believe this differential may be responsible for VRGD's recent and extended price and volume volatility."
Mr. Shulman continued: "The Company's equity capital remains 510,000,000 shares authorized. 72% of 100% of the controlling VRGD super voting preferred shares are owned by MMU entities & Mr. Sasso. These preferred shares have no conversion ability to common under present restrictions. The remaining 8% of VRGD preferred shares are now owned by two institutional clients who have no ability to convert to common under present restrictions. For more information about MMU's unique business platform please visit www.mmusms.com."
NOTICE: To existing "odd lot" minority shareholders of Veridigm, Inc. common shares: pertaining only to shareholders owning less than a "round lot." These shareholders may receive a purchase proxy solicitation offer or similar solicitation in due course.
About Mobile Media Unlimited, Inc.
MMU is a leader in mobile marketing technologies. Utilizing proprietary state-of-the-art marketing solutions and our unique ability to reach millions of new consumers simultaneously. Our SMS text messaging targeted E-mail delivery and specialized lead generation systems are without global peer. With our extensive international "OPT-IN" DATA inventory, MMU strives to stay ahead of the curve, giving our clients a seamless delivery solution and the highest quality of customer service. In addition we have successfully beta tested and are launching BLUE-TOOTH broadcasting. MMU can communicate with our target audiences via mobile phones, PDAs and automobiles equipped with BLUE-TOOTH devices. This form of advertising, as of yet, has not been fully exploited in the United States . www.mmusms.com
About Veridigm, Inc.
Veridigm is an Anglo American investment company that provides merchant banking services to niche private and specific microcap public companies seeking debt and equity capital and/or to be part of a diversified, equitable, resource sharing, business combination. Specifically, the Company identifies specific private and public companies and assists them with managerial, accounting and financial advice and assists in refinance and / or raise adequate capital by introducing potential investors and lenders. The Company's policy is to calculate its voting capacity on a fully diluted basis. The Company at all times will conduct its activities in such a way that it will not be deemed an "investment company" subject to regulation under the 1940 Act.
Forward-Looking Statement: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development 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. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes, and delays in product development plans and schedules, or market acceptance.
Contact: Veridigm, Inc. Mobile Media Unlimited Attn: Robert Seropian 3403 NW 9th Ave. Suite 801 Fort Lauderdale, FL 33309 866.323.0001 National
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posted
311.11% increase in a few days and now this news. I'm a little confused as to how this will work for small speculative investors like myself but I definitely like this trend.
Does this mean my 30000 shares of VRGD will get sideloaded into Mobile Media stock? That's probably the most n00b question eh? Just never dealt with anything like this.
Posts: 2 | Registered: Jan 2009
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posted
This was another Edward Stevenson pick -- that's why there was record volume and awesome gains in VRGD the last couple weeks. See my posts on the SOFN thread for more details.
About a couple weeks ago when Edward Stevenson sent the e-mail alert on VRGD it was * 0.0005! It hit 0.0041 on Tuesday - an 8 plus bagger!
Although recently volume declined dramatically as the group focused more on SOFN, the latest Edward Stevenson pick, I and many other group members are still playing VRGD because according to Manny (IR) 561 347-9155 preliminary terms of the deal will be in a press release on Monday.
posted
Gaped up today and sustained nearly all of the gains with descent volume and a strong 18% gain today in anticipation of the PR regarding more details of the MMU deal which is due to be released any time now.
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