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We had some good action with spread tightened down to 0.048 X 0.060 with a slaps at the ask and a rookie exiting his/her position sells at the bid killing the momo temporarily! Hopefully they'll learn how to trade one day, although apparently it's gonna' have to be the hard way... :)
Holding my shares and watching closely for news/filings!!
Exactly! Additionally, remember how this stock moved VERY QUICKLY to 0.20 with very little resistance back in November? Any real news will move this very high very quickly! So, 20K purchases are more significant than I think even we realize in here. The patient few are about to receive their rewards...... :)
Take care and good luck!!
CF
LOL after the kind of volume we've had lately (or lack thereof) I'd take this any day of the week! Appears to be waking up a bit.
Yup!!! Maybe they'll slap the ask and give us a .069 close! That would make my 0.10's look a lot better on paper at least!! LOL!
Sorry about getting excited over not a lot yet..... but remember, yet... :)
Wow at least we are getting a little action now. Maybe its time for this baby to wake up!
More buys on GNXE!!!!!!!!! 20K shares at .048!! Weeeeee!!!
GNXE ask now at .069..... and CSTI on bid at .015.....
Well, something's happening... we'll have to wait and seeeeeeeeeeee!!
BID/ASK looking marginally better...
0.015 X 0.06
We're getting some interest finally... however, the asks have been slapped with a spread of 0.0052 X 0.0048 here lately so that is a little more meaningful...
keeps your ears and eyes open and post findings!! :)
CF
I fully expect to sell for .30 plus this year. Saw this tap .24 on thin volume last year with any real news this will go well up into the 30s or 40s imo.
EXACTLY!!! :) Somebody in here should try calling them. I would, but I think they're tired of hearing from me. Does anybody have a good relationship with HDOGTX? He was the former moderator here and was pushing GNXE for a while. Maybe he can also shed some light on this? I'm raising my ask back up to 0.19. I suggest you guys do the same. Although the volume won't get anybody's attention yet, a 300% increase in a day due to slaps at the higher asks may get some eyes back in here. This is a revenue-generating company awaiting an update from their new "turn-around specialist" that we haven't heard anything from in a while. We're certainly due for some news.
Good luck and nice to see the posts!!
Chemistfrog
Feeling an update coming any day now. Been way too long without one we are due now.
Yup... Somebody's gonna' regret selling at .03... :) And the buyers know it!! Good luck all and keep your eyes peeled!
CF
Summer movie season starts soon!
Not bad at all, I think the next leg is coming soon, and an update.
Nice to see some volume. Somebody had lowered their ask down (they'll likely regret that) and somebody smacked them for 15K shares.....
Slow, slow accumulation....
Oh, Ron we'd love to see what you're up to.... :)
CF
Yes, I've spoken with Ron twice and he keeps giving me the old "SEC rules prevent me from telling you anything before it's released to the public" routine... As of now, it's not a very shareholder friendly company... There's so much potential here!!!
It wasnt me Im still holding although I think our turnaround guy needs to at least give the shareholders something to chew on while we wait. Been a while now with no real update but as I said before Im holding for the summertime movie rush. Would be a prime time to release some good news so heres to hoping.
Come on! 0.02 on ask? Who's wanting out?? Patience guys! My sell is at .18 right now.......
Patience will pay off.. somebody sold earlier in the week and knocked out the support, but it'll come back... but not if you want to sell at an 80% loss from where you bought....
there it is BOOOOOOOOOOOOOOOOOOOOM ...lol ..waiting
LOL!! This is why we saw the buys a couple of weeks ago! Investors watching Gener8xion closely and adding before we even knew what was happening!!
I'm looking forward to our next 8-K!
April 1st article on Gener8xion and TBN Films producing a sequel to The Champion with release by this fall!
http://www.newreleasetuesday.com/news_viewer52405.php
He said he’d never fight again. But he fought for what he believed in, one last time. Or so he thought… once again.
Celebrating 10 years since the release of the smash indie hit feature film The Champion, Code Productions, Gener8Xion Entertainment and TBN Films is proud to announce that during the holiday season 2011, award-winning singer/actor/entertainer Carman will star in the much-anticipated sequel: The Champion 2: The Champion’s Champion.
Although the plot has largely been kept secret since production began last August, Gener8Xion Entertainment’s website revealed some general points about the storyline.
In The Champion, Carman entered the boxing ring for the first time in years to save his church. Now, 10 years later, Carman’s church is in desperate need of a remodel. Hampered by the demands of moderate church growth and the need to have a state-of-the-art sound system and basketball court, Carman realizes that the only way forward is back – into fighting. He trains to compete in a mixed-martial arts bout that would provide the needed cash.
“Church growth is a hot topic in today’s culture,” Carman said. “I know that, especially in this economy, it’s getting harder and harder to raise building project funds. I hope my metaphorical fight spurs on the real fighters out there who are embarking on church building projects every day.”
There has been a lot of Twitter buzz about the project in recent months, as rumors fly that famous Christian martial artists Billy Blanks (of Tae-Bo fame) and Chuck Norris will make cameo appearances as former pastors turned MMA trainers.
Carman’s first single from the soundtrack, a hip-hop ditty titled “Poverty is a Spirit that will get Punched and Kicked,” has had a soft release to Christian radio outlets nationwide. Expect the full album to hit stores Fall 2011.
$514,522 gross rank Gener8xion #51 movie producer in 2010!
http://www.the-numbers.com/market/Distributors2010.php
I agree HD... Our turnaround specialist has to be doing something.. why else would they hire him??
Good luck and TGIF!
It'll move quite soon IMO...
Today's buys (all hits at the ask):
Time (EST) Volume Price
3:07 10,000 0.05
3:14 10,000 0.05
3:20 10,000 0.05
3:51 8,500 0.05
How many 0.05's are left?? My L2 shows 0.10 next (unless Nite MM has more between the two)
Somebody wants some shares for a reason. Obviously, it's not a quick-flip based on volume and liquidity or currently-posted news (I can find none). Company news/updates perhaps imminent?
Good luck and keep your eyes open, as this security moves on air!
With the right news Id say this is an easy ten bagger or more seen this go to .20 on air!
It's pretty obvious from this sitting at .05 for so long that nobody's willing to take any less! What'd we hit in 4Q, 0.20?! :)
Maybe you found it too early late last year! LOL! Here's to having a lot of friends in here I hope!
I just averaged down from freakin August...lol - hopefully something soon.
Just took a small starter..like the comeback specialist
Hmmm, I typically find them early, maybe now its time!!
Yeah this one is going to catch a lot of people off guard. Glad I am locked with the right news this could easily blast off.
One more ask hit today and I'm doubling down today
Hi HDOGTX, as a former poster and moderator here do you have any word or opinion on the last hour's ask hits?
Thanks!
Chemistfrog
Maybe an info leak I hope we see something here next few days but Im still in it to win it :)
Bidder gave up quickly and impatiently and jumped on the ask! In 30 minutes the ask has been hit for 30K shares! Somebody knows something???? :)
Spread getting tighter. Bid up to .03 now its not much but its a start.
I think the longs here will reap rewards on this soon. I have decided to hold at least till mid summer if no updates by that time then Im out. I have been holding this since around the end of October last year and I still have plenty of patience left ;)
Information on Gener8xion's new "turnaround specialist" who has had enough time to get things going in my opinion.
Ronald Heineman is:
2010-Present
Chairman
Gener8Xion Entertainment, Inc.
2010-Present
Chairman and Chief Executive Officer
Debut Broadcasting Corp., Inc.
Director, Chief Executive Officer and Chairman of the board
Debut Broadcasting Corporation, Incorporated
Nashville , TN
Sector: SERVICES / Business Services
Officer since February 2010
52 Years Old
Ron Heineman, Age 52, has been nominated for election to serve on the 2009 Board of Directors. Heineman was recently appointed as CEO and Chief Restructuring Officer of General Employment Enterprises (Amex:JOB) Mr. Heineman is also Managing Director of M & A for Riverfalls Financial Group, a private investment fund where he specializes in turnaround situations. Previous to his current duties with General Employment Enterprises and Riverfalls, he has held CEO positions with public companies, ELS and Resolve. Mr. Heineman was also a Vice President for Frisch's, a national AMEX traded restaurant and lodging chain. He has a Bachelors degree in business from Thomas More college, and a Masters degree from the Anthaeum of Ohio. On February 1, 2010, the Company appointed Ronald E. Heineman to serve as its Chief Executive Officer and Chairman of the board of directors. Mr. Heineman, was formerly the CEO of Resolve Incorporated, ELS Inc and General Employment Enterprises which are publically held companies. Mr. Heineman is currently Managing Director of the Investment Fund, Riverfalls Financial Services, and has served on the board of directors with Debut Broadcasting and other public companies. In addition, he has served as Chief Restructuring Officer (CRO) and CEO of several of RiverFalls portfolio Companies. Mr Heineman has Bachelors and Masters degrees.
http://biz.yahoo.com/e/100818/gnxe.pk8-k.html
(d) Appointment of Directors
On July 16, 2010 the Board of Directors elected Ronald Heineman as director and Chairman of the Board of Directors to fill the vacancy caused by the resignation of Matthew Crouch. Ronald Heineman, age 53, is the Chief Executive Officer and Chairman of the Board of Debut Broadcasting Corporation, a publicly held company. Mr. Heineman was formerly the Chief Executive Officer of Resolve Incorporated, ELS Inc and General Employment Enterprises which are publically held companies. Mr. Heineman is currently Managing Director of the Investment Fund, Riverfalls Financial Services, and has served on the board of directors with Debut Broadcasting and other public companies. In addition, he has served as Chief Restructuring Officer (CRO) and CEO of several of RiverFalls portfolio Companies. Mr. Heineman has Bachelors and Masters degrees.
Per their August 30, 2010 Press Release "Also on July 16, 2010 the Board of Directors elected Ronald Heineman as director and Chairman of the Board of Directors to fill the vacancy caused by the resignation of Matthew Crouch" and the PR wrapped up with Mr. Heineman's words as "I am looking forward to assisting the management team and board of directors of Gener8Xion carry out the vision established by many dedicated stakeholders throughout the years in building this brand of fine films. The team looks forward to expanding the brand while preserving the values Gener8Xion is known for. We look forward to reporting on our future progress." http://www.8x.com/docs/GNXE_press_release_Aug_2010.pdf
Well, more than 6 months later they haven't peeped yet. I have contacted Mr. Heineman via email twice and via telephone once all since December and get the typical SEC-conscious response saying all information will be conveyed via official PR's to all shareholders at once etc. etc. etc... Maybe I'm not being persistent enough? We at least deserve updates on progress if not the finish product I would think as shareholders. If you have a vested interest in GNXE share price, I recommend you:
1) Contact Ron Heineman via email at rheineman@riverfallsfinancialgroup.com
2) Contact Ron Heineman via telephone at (323) 874-9888
3) Contact the company in Hollywood, California at info@8x.com
4) Contact the company in HOllywood, California at (323) 874-4301
Sounds like they are about to get into the music business too.
GNXE may very well be waking up. Today's support was 0.023 with a couple more 0.02's below it. The ask was super thing at .0599, and the last buy (I think 400 shares, fake wall) wiped those out leaving the ask at 0.06.
Please post whatever DD you find and keep us updated. We're very quiet now in terms of volume, but we may see something happening soon. It's time for Ron to start things rolling as he was hired as a "turnaround specialist".
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Stay Away From This Company and It's Common Stock. See below why: http://www.globenewswire.com/newsroom/news.html?d=222609 Source: Gener8xion Entertainment, Inc. | |
Gener8xion Entertainment, Inc.: Questions and Answers to Shareholder Questions Regarding deregistration | |
HOLLYWOOD, Calif., May 20, 2011 (GLOBE NEWSWIRE) -- On May 18, 2011 Gener8xion Entertainment (Pink Sheets:GNXE) agreed to the entry of an order with the SEC that has changed the registration status of the company's common stock. The Company has acknowledged to the SEC that it has failed to comply with the periodic reporting requirements, as required by the Exchange Act. After the entry of the SEC order, the common stock of Gener8xion Entertainment, Inc., will no longer be traded on the Pink Sheet Over the Counter Market. The following is intended to answer questions of Gener8xion Entertainment shareholders: 1. How did Gener8xion Entertainment stock become deregistered? The Company was required to file periodic reports (Forms 10-K, 10-Q and 8-K) with the SEC. The periodic reports required compliance with numerous rules and regulations, as well as the continued preparation of audited financial statements. The Company stopped filing reports with the SEC in 2008. The SEC filed an action to deregister the Company stock. The Company acknowledges that the reports were not filed, and therefore agreed to the entry of an order by the SEC that has resulted in the stock being deregistered effective May 19, 2011. 2. Why did the Company agree to the deregistration of its stock? The Company reviewed the situation carefully. After much consideration, the Company determined it would not be able to successfully defend itself against the SEC action, and determined that the best use of the resources the Company has available would be to continue to pursue the main business of the Company, which will maximize the value of the Company. 3. Do I still own stock in Gener8xion Entertainment? Yes, the stock deregistration has no effect upon your status as a shareholder. You still own the same number of shares. There is, however, no public market available for trading and valuation of the Company stock. 4. Can I still sell my Gener8xion Entertainment stock? Yes. Your stock may be sold in private transactions. 5. Is Gener8xion Entertainment now a private company? No. The company still has shareholders. The management and board of the company are still responsible to the shareholders. 6. Is Gener8xion Entertainment going out of business? No. The Company will continue to operate as it did prior to the stock deregistration. The Company will continue to pursue new projects and complete the projects currently underway. 7. How can I expect to receive information about Gener8xion Entertainment in the future? The Company expects to provide its shareholders with information through its website,www.8x.com. The Company will, from time to time, provide updated information in the form of newsletters from the CEO. In addition, the Company may provide financial statements, which will be unaudited and not have the level of detail required of an SEC registered and reporting company. The Company expects to continue to issue news releases concerning material developments, though some events which were the subject of press releases in the past may not be included in future press releases. CONTACT: Ron Heineman 323-874-9888 |
Gener8Xion Entertainment, Inc.
Contact Info
Key people | Matthew Crouch (Founder) Richard J. Cook (President and CEO) Stephan Blinn (Vice President, Creative Affairs) Ronald Heineman (Chairman) |
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Products | Motion pictures, television programs |
http://twitter.com/#!/search/gener8xion
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