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wow 2.60 that would be fat if it ever happened
i agree lots of stuff going on maybe take off from here
Interesting!!!!
http://www.sec.gov/Archives/edgar/data/216324/000114036112019713/form8k.htm
http://www.sec.gov/Archives/edgar/data/1506744/000114420412020565/v308393_8k.htm
and RLJ Acquisition, Inc. (RLJAE)
Lots of PRs coming out, but let's just do the reverse split so we can move on, GEEZ!
Not sure what they are waiting for, I wont buy until they do the R/S
Number of shares outstanding of the issuer’s common stock on February 8, 2011: 255,602,133
Number of shares outstanding of the issuer’s common stock on November 5, 2010: 27,745,788
DISK
Current shareholders have been screwed for almost a year now, since the financing and takeover was announced. This has everything to do with setting JH up for long term.
You're discounting the effect it will have on current shareholders, they will have 1/10 the shares they have now, or whatever the reverse split will be.
Usually no one wants to hold through a reverse split. I have seen very good companies, that were growing, that collapsed right before a reverse split, even though it wasn't justified in a million years. I understand why penny plays crash, because it's usually pump and dump and start over again, but when good companies have it occur it's perplexing to me. We'll see how it goes down, in my experience I've never seen it happen nicely, that doesn't mean it never has or couldn't.IMO
I don't think you did read the filings then.
The RS will be a wash, they are going to issue the few hundred million to JH Partners, then do a split at the same meeting and bring the OS back to around these levels. It will likely not budge the PPS, it certainly will not make it increase 20 to 50 fold, but collapse seems highly unlikely.
Yeah, I read the filings when you brought them to my attention a few months ago. I haven't bought because I was waiting for them to convert their shares, looks like that's coming soon.
The AS increase was needed so JH could get their majority control and invest the money. After split they should be right back about 20m OS.
Hey ol sage what you doing today.. hey came across this while looking into something else figured would pass it along...
http://www.sec.gov/Archives/edgar/data/216324/000110465910044634/a10-15695_1ex10d3.htm
Thougts..?
Yes, I read that! Seems they get those annually!
They were awarded those shares, they didn't buy them.
DISK two form 4's, Insiders
DISK 8k
Item 7.01. Regulation FD Disclosure.
On August 23, 2010, Image Entertainment, Inc. (or the Company ) signed a Distribution Services and License Agreement with Sony Pictures Home Entertainment Inc. (or SPHE ), to act as exclusive manufacturer to meet the Company’s DVD requirements, including Blu-ray Disc high-definition format, and to provide related distribution and other logistics services in exchange for certain fees. The Company received an interest-free $2.5 million advance against future replication from SPHE and an $750,000 non-recoupable advance. All outstanding amounts under the advance are subordinated to all obligations outstanding to Wells Fargo Capital Finance (or Wells Fargo ) under the Company’s Loan and Security Agreement, as amended. Until the advance is repaid, SPHE will have a security interest in all the Company’s assets in second position behind Wells Fargo. Within the first year of the SPHE agreement, the un-recouped portion of both the recoupable and unrecoupable advances are fully refundable to SPHE upon termination under the terms and conditions of the SPHE agreement. After the first year, only the unrecouped portion of the recoupable advance is refundable.
mannnn~whagwan?=)))*shorts got pissed? lol
BALLER -- same,
I member marked ya as well.. LETS GET THIS THING UP !!
2nd last post of the day ..but my oh my .. bid is building here .. good luck all ..
Nice find BALLER .. I just snagged some @ .35 ... thx
*NEWS*=The Simpsons!*{}{}{}DD{}{}{}imho watch for her 2B trading closer ta 1 ,,,hmmmmmmmmmmmmmmmmmmmmmm---i wanna add here?
>>LIGHT THAT CANDLEEEEEEE!!!!!---FILL---THE---GAPPPPPPPPPPPPPPPPPPPPP/////^^^^^
DISK news out that's why it's bumping now!!!*WATCH THE RADAR!!!*
hey BBucky~watch what is going on here,,,it's just WILD!..
====> i have a gutfeeling in$iders are buying before da news!!!!!*cough-wink*
upTick@.27=MATCHSTICK MEN!!!=))))
>>WATCH FOR THE BREAK OF 30 then hmmmmmmmmmmmmmmmmmmmmm
ya kno~weee was hawking this one between 1.50 and .75 it could bounce soon imho!!!!
?---is the stay a dollar and above pps policy still in effect on nazzzzz???,,,hmmmmmmmmmmmm
>>JUST WATCH!!!
LOL I wish I knew for sure !
does that mean it's going to be a monster?..
>>hmmmmmmmmmmmmm
Brk .37 get that PSAR drop and so go !
.29zZz now looking like another AIG type play from here..
most def my dude head for the hills imho!!!RUNNNNNNN
Buckeyyyyyyy~this issue is looking very undervalued imho!!!=)))____====////BOUNCING HARD!!!!
DISK looking good and i like your siggy!!!;))))*hella volume BREAKOUT on strong~time for a nudder bong hitttttt!!!POWPOWWW!!!
i see a big GREEN candle---imo buy a new magic 8-ball fu!!!
HA!
yo RonnieDizzco!@@@WOW is that like REAL money or..uhh play pinky/otc jargon$$$???lol hahahhahaa~TIA!!!
___DISK___#this volume*hitting radars worldwide!!!_MONNSTER IN THE MAKING!!!!=)))EASY!!!
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Image Entertainment Announces New Management Team |
Image Entertainment, Inc. (NASDAQ: DISK), one of the largest independent home entertainment distributors in North America and a leading pioneer of the multi-billion dollar optical disc industry, proudly announces a new chapter with the close of the previously announced sale of preferred stock to JH Partners. In connection with the closing, the company unveils its new management team consisting of corporate entertainment veterans Ted Green, John Avagliano and award-winning producer John Hyde. The announcement was made today at the company’s Chatsworth headquarters “Today marks an entirely new day for Image Entertainment,” remarked Green, Chairman and CEO of Image. “Image is a name that has meant quality not only in content, but in presentation. While the new media marketplace poses great challenges for any home entertainment programmer, our goal is to strengthen Image Entertainment’s name while remaining synonymous with great product. We expect to be very active in the acquisition of rights and companies.” Green will serve as Chairman/CEO with Hyde as Vice Chairman and Avagliano taking the role of Chief Operating Officer/Chief Financial Officer. In addition to Mr. Green, the other members of the new board of directors of Image after the sale of preferred stock include Patrick Collins and Michael John, both of JH Partners. All members of the Image board prior to the close of the sale of preferred stock resigned effective immediately after the close. The company will immediately and aggressively pursue acquisition of global media content for exploitation in the packaged media, digital and mobile markets “We are excited to partner with an experienced and proven management team and feel confident that the combination of their strategic vision and an improved balance sheet will afford impressive growth opportunities for Image,” commented Patrick M. Collins, JH Partners “We are looking forward to maximizing our various different individual strengths with Image,” stated Hyde, Vice Chairman. “Each of us brings a different set of industry skills and relationships to this venture and we are confident that we can expand on the rich history that is Image Entertainment.” “In the past, Image has focused primarily on content acquisition and distribution for the North American market,” said Avagliano, COO/CFO. “We plan to build a strong international presence for the company as well.” Ted Green’s accomplishments within the entertainment industry reach back three decades, covering music and home entertainment. From 2007 to 2009, Mr. Green was chairman of publicly traded TM Entertainment and Media, an Amex traded company that merged in October 2009 with ChinaMedia Express. From 2003 to 2006, Mr. Green was CEO and Co-Owner of independent home media label Anchor Bay Entertainment, which at that time was a subsidiary of IDT Entertainment. From 1992 to 2000, Mr. Green was the founder and President of SonyWonder, the division of Sony BMG Music Entertainment responsible for the production and distribution of media geared toward youthful audiences and also for all home video distribution. Green’s resume includes management positions at such renowned media companies as CBS Records, Polygram Records and ATCO John Hyde is an award-winning television and motion picture producer whose long list of credits include such successful television titles as “The Simpsons,” “King Of The Hill,” the animated “Hellboy,” and Masters Of Horror, as well as many motion picture titles including The Neverending Story, Short Circuit and the award-winning Das Boot. Most recently, Hyde is in development at Disney with Flight Of The Navigator 2 and at The Weinstein Company with Short Circuit 3. Hyde also is currently Vice Chairman at The Jim Henson Company and previously from 2006 to 2007 Chief Operating Officer at Starz Media, as well as from 2003 to 2006 Chief Operating Officer of IDT Entertainment, CEO of IDT Productions from 2003 to 2006, and from 1999 to 2006 CEO of Film Roman, the animation company behind the wildly successful “The Simpsons.” John Avagliano is currently President of Britannia Holdings, providing strategic and financial management services to the film, video and apparel industries. Clients have included Live Nation Entertainment, Ticketmaster Entertainment, Palm Pictures, GTCR, CAK Entertainment and Pacific Connections. Prior to Britannia, Avagliano held senior level finance management positions at Warner Music Group, where he served as Senior Vice President of Financial Operations and Shared Services; Warner Home Entertainment, where he served as Chief Financial Officer; Polygram Records, where he served as Vice President of Finance for audio, video and merchandise distribution in the United States; and Avon Products Pali Capital, Inc. acted as financial advisor to JH Partners and the management team on this transaction. Houlihan Lokey served as financial advisors to Image Entertainment About Image Entertainment Image Entertainment, Inc. is a leading independent licensee and distributor of entertainment programming in North America, with approximately 3,200 exclusive DVD titles and approximately 340 exclusive CD titles in domestic release and approximately 400 programs internationally via sublicense agreements. For many of its titles, the Company has exclusive audio and broadcast rights and, through its subsidiary, Egami Media, Inc. has digital download rights to approximately 2,000 video programs and over 300 audio titles containing more than 5,100 individual tracks. The Company is headquartered in Chatsworth, California. For more information about Image Entertainment, Inc., please go to www.image-entertainment.com About JH Partners JH Partners is a San Francisco-based private equity firm focused on building sustainable, long-term equity value in consumer and marketing-driven growth companies JH Partners' professionals work closely with the management teams of partner companies, providing strategic, operating and financial guidance to facilitate the growth and success of these companies and to provide meaningful returns to investment and management partners. JH Partners' relationships with management are long-term in nature, which enables JHP to provide close collaboration over a range of strategic issues The principals of JH Partners have invested, on behalf of themselves and their co-investors, approximately $600 million and are currently investing a $390 million fund raised in 2008. JH Partners' principals consistently commit significant amounts of personal capital to JHP investments and view themselves as co-investors, not money managers |
Image’s business strategy is to pursue, secure and exploit exclusive rights to as many different types of home entertainment programming as feasible, in as many formats and distribution methods as feasible, in as many territories as feasible, and for the longest term feasible. Image strives to grow a stream of exclusive revenues by building a strong customer base and a library of exclusive titles that can be exploited in existing home entertainment formats such as DVD, Blu-ray and CD and expanding distribution channels such as video-on-demand, digital download and broadband streaming media. Exploitation rights acquired by Image on an individual title basis will vary as to format rights acquired.
Image’s titles in release are from a broad spectrum of genres such as pop/rock concerts & music videos; operas & classical music; children’s programming; animation; special interest/classic films; foreign films; cult feature films; episodic television; feature films; country music concerts & music videos; mature audience programming; urban videos & music concerts; Broadway performances & shows. In addition, Image also has a line of exclusive audio programming.
The Company is headquartered in Chatsworth, California. Image maintains International distribution through sublicense agreements with BMG and others for available programming on DVD and Blu-ray as well as broadcast.
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