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Because susie, people with a lot of money want to reverse BHUB trades. People with a lot of money didn't want GLUV trades reversed. The little guys are at the mercy of the big guys. Doesn't matter if the little guys add up to more money than the big guy, 1 big guy, 1 big $ figure and everone takes the big guy serious. 100 or 1000 little guys screaming foul falls on deaf ears
wish some of these hot highjackers would hijack MAMG!
The iBox on this board should be preserved forever lol
Moderator: eztradin Assistants: NoneBoardmarks: 60
Created: 8/11/2004 10:28:11 PM
GLUV Corp. Announces Entry Into the Entertainment Industry
Tuesday May 17, 10:25 am ET
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--May 17, 2005--GLUV Corp. (Pink Sheets:GVRP - News), announced today it has finalized a Merger Agreement with DigiKidz Holdings, Inc., a Florida corporation. GLUV Corp. has also filed with the State of Florida to change its name to Media Magic, Inc. after effecting the Merger.
The transaction requires all current officers and directors of GLUV to resign, and provides for the appointment of the Media Magic management team to their appropriate positions in the new company.
After effecting the merger, Gerald C. Parker and Robert W. Pearce will serve on the Board of Directors of the new entity, Gerald C. Parker as Chairman of the Board, and Robert W. Pearce as Chief Executive Officer, Secretary and Treasurer of Media Magic.
Media Magic owns and operates two wholly owned subsidiaries, DigiKidz, Inc. and Orangebox Entertainment, Inc. DigiKidz is a leading producer, developer, distributor and eCommerce retailer of a range of personalized videos, books, CDs and music for the children's marketplace. Orangebox, located in Hollywood, California, is an innovative company that provides the next generation of multimedia services ranging from Production to Post Production for the entertainment industry. Its services include audio, visual, editorial, and music from inception to completion.
Media Magic, Inc.'s Chairman, Gerald C. Parker, commented: "We are excited about our current prospects and look forward to developing Media Magic Inc. into an innovative, well-rounded leader in the entertainment industry through several acquisitions."
Media Magic Inc., formerly known as DigiKidz Holdings, Inc., was founded in November 2004 and is headquartered in West Palm Beach, Florida. The Company conducts operations through its two wholly owned subsidiaries, DigiKidz, Inc., Jupiter, Florida, and Orangebox Entertainment, Inc., Hollywood, California. Media Magic acquired DigiKidz in November 2004 and Orangebox Entertainment (formerly Archetype Entertainment) in May 2005. Media Magic's strategy is to further develop its subsidiaries' leadership in their specific entertainment industry market segments and to develop the natural synergies between them.
For further information on Media Magic, please call: Dennis Ruggeri at (561) 820-2444.
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Little bit of info for folks happening upon this board wondering WTF is going on...
http://www.otcbb.com/asp/dividend.asp?sym_id=GVRP&dDate=05/13/2005&sDateType=Record_date
GVRP - GLUV Corporation New Common Stock
Declaration Date:
Ex Date:05/23/2005
Record Date:05/13/2005
Payment Date:05/20/2005
Dividend Type:
Stock Dividend or Split Dividend Amount:
3,000,000-1 stk
Notes:
Due Bill Redeemable Date: 05/25/2005
A few Terms:
ex-date
Definition 1
For stock splits, the date that the share price changes to reflect the split.
Definition 2
For dividends, the first day of the ex-dividend period. The ex-date was created to allow all pending transactions to be completed before the record date. If an investor does not own the stock before the ex-date, he or she will be ineligible for the dividend payout. Further, for all pending transactions that have not been completed by the ex-date, the exchanges automatically reduce the price of the stock by the amount of the dividend. This is done because a dividend payout automatically reduces the value of the company (it comes from the company's cash reserves), and the investor would have to absorb that reduction in value (because neither the buyer nor the seller are eligible for the dividend). also called ex-dividend date.
http://www.investorwords.com/1817/ex_date.html
record date
Date, set by the issuing in order to be eligible to receive a declared dividend or capital gains distribution. The date is also used by the NASD to set the ex-dividend date. also called date of record.
http://www.investorwords.com/4095/record_date.html
payment date
The date on which a dividend, mutual fund distribution, or bond interest payment is made or scheduled to be made. also called distribution date.
http://www.investorwords.com/3635/payment_date.html
I actually didn't know about the "screw up" until after I bought. It was just moving so I jumped in.....and then out.
It was a much better experience (for me) than this one was!
I'm avoiding all the "screw ups" for now. Too many horses at the trough. THe scammers go where people see opportunity... another crazy story to tell
I've been skimming through the posts. As soon as I heard that brokers were restricting selling/buying I sold mine. The next day it stopped trading.
If people scream and yell and email, I think it will help their chances of avoiding reversals. The volume is too big for them to reverse The Big Hubbard -- besides' he's dead anyway lol did you read those crazy posts?? #msg-18706654
http://www.investorshub.com/boards/msgsearchbymember.asp?SearchStr=hubbard&SearchID=65269
Funny how things change........In the case of GVRP I wished they had. In the case of BHUB, I hope they don't!
If you remember, their customer service people told customers they MAY reverse trades on GVRP... and they froze proceeds for awhile.... but in the end... they didn't reverse anything.
I'm reading posts that say that Ameritrade may be reversing all BHUB trades.
Why didn't they do that with GVRP when they realized that there was a screw up?
Hell I would know a NON SCAM if I tripped over it LOL. Too hard to find a non scam so I just assume they are all scams.
I get some surpised the odd time you find a stock with audited finacials making money - no dilution - growth potrential run by honest people.
I know there is one LOLOL just havent found it. meanwhile I trade - I dont gove a hoot what it is if its moving
At least you recognize it... there are so many penny scams right now that I have lost track. What has ihub become?
Briner taking it to a whole new level. Create one scam and then have another 20 under that umbrella CDs spam emails, Dilution lawsuits. and a surfer boy IR guy
oh yeah, that guy...
no, I haven't...
It makes you wonder if there is a bunch of motor forkers in boca that have a once a week meeting to figure out a new scam just for i hub posters... have you been keeping up with John Briner?
obfuscation continues....
13:58 02/22/2007 CIRU Cirilium Holdings, Inc. Common Stock (FL) CPKL Cambridge Park Limited, Inc. Common Stock **
CIRU is a "holding company"
a Bag holding company
hold that bag and you have a lot of company
MOst arent companies and many more never intend to be - just figments of imagination
seems to be a lot of inbreeding going on with OTC and pinks. With such a limited gene pool it's not surprising most don't survive
OH yeah - Too funny - Maybe GDVM can buy a part of them for their PF LOLOLOL IN tears
what a twisted tale we weave.
HVLN - reverse screup stock ( AWYB) just did a deal to be reverse merged into CIRU which was CRLU. CRLU was the one that bought a part of the assets of Media Magic LOLOLO
http://www.sec.gov/Archives/edgar/data/847777/000114420405031716/0001144204-05-031716.txt
sorry wayne, no other way of reaching you and i was thinking of making some updates to the i-box for WRNW. Can I be assistant ? S'il vous plait ?
i like your quote. people need to drill that into their heads including myself at times.. what "coulda been".
yea, ripoff the market for a million, pay a fraction in illgotten gains and fines and promise never to be a bad boy again.
Hardly justice
and we're completely left holding the back with worthless securities in our account.
There really needs to be SOMETHING done to compensate stuckholders when these crooks get caught. Our system is just a complete mess.
Of course he agreed to the disgorgement and fine, because he most likely profited more than that
) its funny im watching a show on tv right now called cheats and scams
lolol :) me too.
oh well i didnt see it , so Thanks im slow lol
oh hell..just ignore me. I missed this completely back in October. Sheeesh.
guess this slip by us..
Posted by: Jim Bishop
In reply to: Rocketred who wrote msg# 110529 Date:12/30/2006 11:45:05 AM
Post #of 110547
Actually the SEC did bust the one guy that was selling, Kirschner....the guy that SSP emailed and warned. Wristslap as usual.
http://www.sec.gov/litigation/complaints/2006/comp19795.pdf
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 19795 / August 8, 2006
SEC v. Peter D. Kirschner and Media Magic, Inc., U.S. District Court for the District of Columbia, Civil Action No. 06-1403RMU, filed August 8, 2006
SEC Sues Consultant Peter Kirschner for Fraudulent Sales of Prematurely Issued Stock Dividend Shares
The Securities and Exchange Commission announced today that it charged consultant Peter D. Kirschner with fraudulently procuring stock dividend shares in advance of the date on which they were to be publicly distributed and selling those shares into an uninformed market at prices that did not yet reflect the increase in the total number of outstanding shares. In addition, the Commission charged Kirschner and Media Magic, Inc., formerly GLUV Corp., with offering and selling these shares in violation of the registration provisions of the federal securities laws.
The Commission's complaint, filed in the United States District Court for the District of Columbia, alleges that Kirschner arranged for GLUV's transfer agent to prematurely issue him 3,000,000 dividend shares in advance of the time at which dividend shares were to be distributed to GLUV's other shareholders. There was no publicly available information indicating that Kirschner's dividend shares had been issued in advance of the payment date. Kirschner sold 19,500 of these prematurely issued shares into the uninformed market at prices ranging from $5.50 to $7.95 per share, realizing net proceeds of $109,400. Had Kirschner sold the same quantity of shares hours later, he would have realized gross proceeds of less than $20, as these shares were then trading at less than a penny, reflecting the adjustment by the market to the issuance the stock dividend.
Specifically, the Commission charged Kirschner with violating Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933 ("Securities Act") and Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder, and charged Media Magic with violating Sections 5(a) and 5(c) of the Securities Act. Without admitting or denying the Commission's allegations, Kirschner consented to the entry of an order permanently enjoining him from violating the registration and antifraud provisions of the federal securities laws. Kirschner also consented to disgorge $109,400 in ill-gotten gains, plus prejudgment interest, and pay a $55,000 civil penalty. In a related Administrative Proceeding, Kirschner consented to the entry of an order barring him from association with any broker or dealer with the right to reapply for association after five years to the appropriate self-regulatory organization. Media Magic, without admitting or denying the Commission's allegations, consented to the entry of an order permanently enjoining it from violating the registration provisions of the federal securities laws, and will pay a $55,000 civil penalty.
SEC Complaint in this matter
http://www.sec.gov/litigation/litreleases/2006/lr19795.htm
My second favorite, lol
http://www.mediamagicinc.com/" target="_blank">http://web.archive.org/web/20051124140822/http://www.mediamagicinc.com/
My favorite post on this thread -- the link is dead! Thank goodness for the Internet Archive, lol:
http://www.wintermangroup.com/q&a.htm" target="_blank">http://web.archive.org/web/20060427041348/http://www.wintermangroup.com/q&a.htm
http://wintermangroup.com/q&a.htm" target="_blank">http://web.archive.org/web/20060515193609/http://wintermangroup.com/q&a.htm
http://www.wintermangroup.com/q&a.htm" target="_blank">http://web.archive.org/web/*/http://www.wintermangroup.com/q&a.htm
Mike Banyans - area code 561 is Boca Raton. I know that as I get a cold daily from there. who was he again
thanks. I'll see what he says on monday.
I found Mike Banyas' number...
561-837-5054
http://www.investorshub.com/boards/read_msg.asp?message_id=8607377
Do a search for Mike Banyas for his phone number and call him, I'll try next week...
It's the only way to see if they're still looking into it, but no one will know the outcome until something happens...
I wonder if they'll ever issue a report. Anyone had any contact with them lately?
We still don't know the outcome of the Florida Securities office investigation. How long before they issue a report? It's sad that we seem to be at a point where we can not do anything about what happened.
I remember that part with painful clarity...uggghhh
not just screwed.... broke-backed! lol
Oh, I have not forgotten. We were certainly screwed.
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