Massive Interactive Inc. (fka HUGE)

[Peeteman]

Problem is HUGE dilution. When Sothport bought XTOG they were issued 55 million shares of stock. So overnight OS went from 5 million to 60 million. IMO value of stock is less than .20 (actual value of company $10 million give or take divided by $60 mill shares) Plus don't forget yearly dividend payments to Southport on issued preferred shares totaling $371000. Purchase filing

[absintheminded90210]

News Out

NEW YORK--(BUSINESS WIRE)--

Massive Interactive Inc. (HUGE), a leader in platform software and design for multi-screen entertainment, announced its shares are now traded on OTCMarkets.com under the ticker symbol ‘HUGE’.

The listing comes after Southport Lane Management, LLC (“Southport”), a New York private equity firm, acquired a majority stake in Massive. The Southport acquisition will allow Massive to execute its growth strategy and innovative product roadmap into 2014 and build on its position in the telecommunications, broadcast, hospitality and airline sectors worldwide.

“We are delighted about this new opportunity with Massive,” said Southport Lane President, Jeff Leach. “Not only is the company an innovator in the ‘TV Everywhere’ sector, but it has a highly experienced and capable management team who have built a profitable company over the last 17 years. We believe that our investment will place Massive in an even better position to expand.”

Massive CEO Ron Downey said, “We are thrilled to have Southport’s team now working with us to accelerate our success in the ‘TV Everywhere’/on-demand sector which, we believe, is one of the most exciting and fast-moving industry categories in the world.”

Downey continued: “Southport Lane’s investment and our public listing will enable us to expand Massive’s current service offering around the world and assist in the launch of our new managed multi-screen video service delivery platform, Massivision, which will be previewed at CES (Las Vegas) in January. Massivision will deliver an end-to-end, enterprise-grade solution for content owners and distributors, of any size, to deliver multi-device video entertainment services to their consumers.”

[J.T. The DD King]

HUGE On PUMP!!!
Penny Trader!

[absintheminded90210]

A PR about the tier 1 networks they're talking to could make this huge. Don't sell your shares yet my good buddy!!!!

[SeaOhToo]

So we went from xtreme to huge. Still no volume. Not so huge.

[mayvid]

This stock is gonna be HUGE! O wait it already is...

[TCBTrade]

massive interactive inc... is HUGE ticker.

[Joeyohso]

Is this a good thing/bad thing?

[cantgetmyname]

Speechless.

[Crazy Money]

HUGE

[Renee]

Xtreme Oil and Gas Inc., XTOG changed to Massive Interactive Inc., HUGE:

http://www.otcbb.com/asp/dailylist_detail.asp?d=12/12/2013&mkt_ctg=OTCBB

[TCBTrade]

:) good morning mr sunshine.. you brighten up my day. come sit beside me in your rays.

[kranthikumar]

XTOG is up by 112%

[roger wilco]

8K filing out on XTOG last night

Item 3.03 Material Modification to Rights of Security Holders.

Item 5.01 Changes in Control of Registrant.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9506893

On September 6, 2013, Willard G. McAndrew, III resigned as a director, officer, and employee of the Registrant. Mr. McAndrew is the sole holder of the Registrant’s Nontransferrable Preferred Stock, and the aggregate number of votes to which the Nontransferable Preferred Stock is entitled to vote is equal to the number of shares of Common Stock or Common Stock equivalent of the Corporation issued and outstanding at the time of such vote multiplied by 1.1. Accordingly, the holder of such shares has voting control of the Registrant.

However, if the holder of Nontransferable Preferred Stock voluntarily ceases to become an employee of the Company, all such shares then held by such person shall be deemed, without further act on the part of any person, cancelled, and stock certificates formerly representing such shares of Nontransferable Preferred Stock shall thereupon and thereafter be deemed to be cancelled and returned to the Corporation. Accordingly, Mr. McAndrew no longer has control of the voting stock of the Registrant.

[SeaOhToo]

Is this 28 or 29 so far?

[roger wilco]

I added XTOGD to the loser list months ago. Willard G. McAndrew III was a horrible CEO. I have no doubts this shell is up for sale and will be reverse merged into another company.

[SeaOhToo]

I think they are selling off the shell.

Did we add this one to the loser list yet?

[Joeyohso]

Ive been on the sideline watching to see what happens but the ceo and cfo resigning does not look good. But from what i know the ceo is old and in bad health. I would have to do more DD to know the truth. What do you think?

[SeaOhToo]

So what's your thoughts now Joey?

[TCBTrade]

and..crude oil is a strong commodity around $110.

[Joeyohso]

just in case anyone cares...8k out

Item 5.02
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

Xtreme Oil & Gas, Inc. announces today that Mr. Willard G. McAndrew III, Xtreme’s Chief Executive Officer, has notified the Company that he intends to resign. Mr. McAndrew indicated that he has no disagreements with management. The effective date of Mr. McAndrew’s resignation is September 6, 2013.

The Board of Directors has designated Mr. Nicholas P. DeVito as a the sole Director and Chief Executive Officer of Xtreme Oil & Gas, Inc. to fill the vacancy created by Mr. McAndrew's resignation. Mr. DeVito was formerly the Company’s Chief Operating Officer. The Board of Directors appointed Mr. DeVito effective September 6, 2013.

Xtreme Oil & Gas, Inc. announces today that Mr. Roger Wurtele, Xtreme’s Chief Financial Officer, has notified the Company that he intends to resign. Mr. Wurtele indicated that he has no disagreements with management. The effective date of Mr. Wurtele’s resignation is September 3, 2013 and he will not be replaced.

[SeaOhToo]

What, no royalties?

[roger wilco]

Highlights of the June 30th 10Q!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9459081

Results of Operations.

For the Six months Ended June 30, 2013 compared to 2012

Revenues

For the six months ended June 30, 2013, revenue was $74,929 a decrease of $1,004,386 from $1,079,315 for the six months ended June 30, 2012. Decrease in revenue was due primarily to the oil properties being shut down since mid-2012. Oil and gas revenues are principally from the Saltwater Disposal project. The decline is also attributable to the fact that in the earlier period we sold working interests in various prospects we held, sales that did not occur in the period ended June 30, 2013.

[SeaOhToo]

Spread is a result of no interest. No demand, no buyers!

[fatnhappy2]

Public not totally aware of R/S...soon!

[fatnhappy2]

Lows will be in rear view mirror soon!

[fatnhappy2]

Spread is sign of continued manipulation!

Day traders trying to score!

[fatnhappy2]

Xtreme has turned corner & profits up!

Keep up with the Press Releases!

[SeaOhToo]

700% DROP on more than 200 shares. .15 is .0015 Pre R/S. it's enough to make anyone sick. This stock is dead. Where is the new life after R/S? One would think management would pump this so they can issue more shares and do more preferred convertibles.

Add to the loser column. How many is that this year?

[roger wilco]

The spread is tightening up now that the ASK is falling like a rock.

XTOGD is now .15 x .70 Timer!

[roger wilco]

.06 x $1.00 that's a huge spread. Definitely a sign of investor confidence. lol!

[roger wilco]

Yeah it's a real shame XTOGD really isn't in the profitable end of the oil business! LOL! Willard G. McAndrew III only seems good at making profits by diluting greasy shares.

[TCBTrade]

Nice... and oil prices up over $107.
I dedicate this song to you JT.... from Chicago...


"Its Only the Beginning"

"Feeling stronger every day"

[J.T. The DD King]

Lmao! Up 150% sweeeeet! I'm in the green big time!

[absintheminded90210]

Looks like its trading at 1.00 now doesn't it?

[SeaOhToo]

New lows AGAIN. HOW
PREDICTABLE

Recent Trades - All 8 today
Time ET Ex Price Change Volume
15:14:44 Q 0.004 -0.002 10,000
11:49:12 Q 0.005 -0.001 5,000
11:36:28 Q 0.005 -0.001 12,000
09:59:19 Q 0.005 -0.001 10,000
09:55:10 Q 0.0035 -0.0025 81,000
09:54:57 Q 0.0051 -0.0009 10,000
09:54:43 Q 0.0055 -0.0005 89,000
09:30:36 Q 0.0055 -0.0005 1,000

[Renee]

XTOG one for 100 reverse split:

http://www.otcbb.com/asp/dailylist_detail.asp?d=08/14/2013&mkt_ctg=OTCBB

[SeaOhToo]

JT, by reading the whole filing, everyone will realize the future holds massive dilution. They will realize the preferred debt converts at .01 NOT .28 as previously claimed by some.

I have highlighted the pertinent sections, call it the Cliff Notes version.

Which means 558 million shares are subject ti the reverse 100 to 1.

So where does 62 million shares come from? Didn't read that in any recent filings. Or the preferred conversion at .28. Or the prediction of .28 in September. This must be the false or inaccurate information.


So as we understand where the 558,396,564 shares came from.

1.2 billion share/votes. "pursuant to which the 558,396,564 outstanding shares"

(iii) An amendment to Xtreme’s Articles of Incorporation to: (a) effect a reverse stock split of the Company's Common Stock, par value $0.001 per share (“Common Stock”) pursuant to which the 558,396,564 outstanding shares (on an as converted basis) of the Company's Common Stock, par value $0.001, will be subject to a reverse split on a One for One Hundred (1:100) basis (the “Reverse Split”).


"In the second quarter of 2013, we agreed to issue 3,572,000 shares of our preferred stock to six related and unrelated parties in exchange for full mutual releases and extinguishment of $3,572,000 in liabilities owed to these individuals. The shares of preferred stock convert into common stock at $0.01 per share (subject to any stock split the Company’s Board of Directors approves) and have a par value of $0.001. The Company may seek to increase its authorized capital to effect the transaction."

[SeaOhToo]

Getting closer to the trips.....000

[SeaOhToo]

Lmao, what's coming for XTOG is 50% fewer shares from Torch deal. NOT GOOD.

Torch will issue overpriced shares, then SP plummets. So predictable.

[billmick11]

Torchlight up almost 50% at the end of the day. What's coming for XTOG? Looking for something good!

[SeaOhToo]

Glad it is understood there is NOT 62 million shares and we will NEVER SEE .28 again.

Add this one to the loser column.

[J.T. The DD King]

No. Everyone else understands that if one reads the whole filing instead of selective parts the truth reveals: There are currently 188,996,564 shares of Common Stock outstanding

The Company has three classes of voting stock outstanding: the Common Stock,
the Series A Preferred Stock, and
the Nontransferable Preferred Stock.

There are currently 188,996,564 shares of Common Stock outstanding

I REPEAT There are currently 188,996,564 shares of Common Stock outstanding

AND FOR A 3rd time just to make sure you all see & understand it. There are currently 188,996,564 shares of Common Stock outstanding

And apparently this time I need a 4th time. There are currently 188,996,564 shares of Common Stock outstanding.

and each share of Common Stock is entitled to one vote;
3,694,400 shares of Series A Preferred Stock and each share is entitled to 100 votes; and
1,000 shares of Nontransferable Preferred Stock entitled to votes totaling 110% of the combined voting of the Common Stock and the Series A Preferred Stock.

Accordingly, the total number of votes held by holders of the Company’s voting securities is 1,172,632,784 reflecting 188,996,564 votes of the Common Stock, 369,400,000 votes of the Series A referred Stock, and 110% of the total votes of the Common Stock and Series A Preferred combined or 614,236,220 votes.

The vote or written consent of the shareholders holding at least 586,316,111votes from the Common Stock, Series A Preferred Stock, and the Nontransferable Preferred Stock issued and outstanding is necessary to approve the sale of the West Thrifty/Quita leases, ratify the sale of interests in our Oklahoma and Kansas properties, and approve the Reverse Split. In accordance with Nevada law, July 2, 2013 is the record date for determining the shareholders entitled to vote or give written consent.

[SeaOhToo]

And we understand where the 558,396,564 shares came from.

1.2 billion share/votes. "pursuant to which the 558,396,564 outstanding shares"

(iii) An amendment to Xtreme’s Articles of Incorporation to: (a) effect a reverse stock split of the Company's Common Stock, par value $0.001 per share (“Common Stock”) pursuant to which the 558,396,564 outstanding shares (on an as converted basis) of the Company's Common Stock, par value $0.001, will be subject to a reverse split on a One for One Hundred (1:100) basis (the “Reverse Split”).


"In the second quarter of 2013, we agreed to issue 3,572,000 shares of our preferred stock to six related and unrelated parties in exchange for full mutual releases and extinguishment of $3,572,000 in liabilities owed to these individuals. The shares of preferred stock convert into common stock at $0.01 per share (subject to any stock split the Company’s Board of Directors approves) and have a par value of $0.001. The Company may seek to increase its authorized capital to effect the transaction."

[SeaOhToo]

I see Torch didn't even trade on the news.

Humm.....

So what is the production from the well? That's right they didn't say. Most companies would have reported the IP.

[mayvid]

Torchlight Energy Announces Update on Its Boeckman Hunton Well
21 Stage Frack Successfully Completed and Flowback Has Commenced



PLANO, TX, Aug 05, 2013 (Marketwired via COMTEX) -- Torchlight Energy Resources, Inc. (otcqb:TRCH) ("Torchlight Energy" or "the Company") today announced that it has successfully completed the initial fracking of its Boeckman 1-4H Well ("Boeckman 1-4H). Located in the Company's Cimarron Project horizantal Hunton play, Boeckman 1-4H has commenced Flowback.

Torchlight and its partners in the Cimarron Project, have successfully completed a 21 stage frack, after which the well began to flowback on July 24th, 2013. The productive reservoir is the Hunton Formation where a gas lifting mechanism will be employed by the Company at the wellhead, increasing productivity and reducing the well operating costs. This is the 19th well drilled and operated in this area by Huskey Ventures, the operator of the project.

"We are very encouraged by the completion results on Boeckman 1-4H," said Tom Lapinski, CEO of Torchlight Energy. "As historically seen on wells in the area, we expect this well will reach peak production within 30 to 60 days. The gas lift is in place as on analogous wells in the field and we are seeing the types of results we have expected to encounter. We look forward to announcing an update for Boeckman 1-4H as soon as production and revenue stabilizes."

Torchlight Energy has a 15% working interest in the Cimarron Project, located in Central, Oklahoma and spanning approximately 3,500 acres. Husky Ventures has successfully drilled 19 wells in this region with IPs between 500 and 1,100 BOEPD per well. The Boeckman 1-14H, drilled to a total depth of 7,800 feet with a 4,200 foot lateral targeting the Hunton formation, is a direct offset to an existing producing well drilled by Husky Ventures. Torchlight Energy plans to participate in the drilling of three to four additional wells out of their 20+ targets in 2013.

About Torchlight Energy

Torchlight Energy Resources, Inc. (otcqb:TRCH), based in Houston, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields. The company currently holds interests in Texas, Kansas and Oklahoma where their targets are established plays such as the Eagle Ford, Mississippian and Hunton trends. For additional information on the company, please visit www.torchlightenergy.com.

Forward Looking Statement

The information contained in this news release, other than historical information, consists of 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. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including risks associated with Trochlight Energy's ability to obtain additional capital in the future to fund planned expansion, the demand for oil and natural gas, general economic factors, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The company is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

[billmick11]

Torchlight had a nice PR today. Could this have a postive impact on XTOG soon? We shall see! Go XTOG!

[SeaOhToo]

We all know this was FACTUALLY INCORRECT!

[SeaOhToo]

Glad to see you finally understand the 62 million number was TOTAL WRONG! Now the 188 million is wrong. It's 558,396,564 common shares plus the other classes!

The board just recorded 969,655,220 in favor of reverse splitting 100 for 1 558,396,564 outstanding shares.

"On July 2, 2013, the Company received Written Consents from the holders of voting stock having 969,655,220 of 1,172,632,784 votes from issued and outstanding shares having the right to vote or shares representing 82.7% of the total votes from the issued and outstanding shares of our stock having voting power. The Written Consent adopted resolutions which: (a) authorize the sale of the West Thrifty/Quita leases; (b) ratify the sale of interests in the Kansas and Oklahoma properties, and (c) approved the Reverse Split. Accordingly, in compliance with the Nevada Revised Statutes, at least a majority of the outstanding shares have (a) authorized the sale of the West Thrifty/Quita leases; (b) ratified the sale of interests in the Kansas and Oklahoma properties, and (c) approved the Reverse Split. As a result, no vote or proxy is required by the shareholders to adopt the foregoing actions."

"(iii) Amended Xtreme’s Articles of Incorporation to: (a) effect a reverse stock split of the Company's Common Stock, par value $0.001 per share (“Common Stock”) pursuant to which the 558,396,564 outstanding shares (on an as converted basis) of the Company's Common Stock, par value $0.001, will be subject to a reverse split on a One for One Hundred (1:100) basis (the “Reverse Split”)."

PS. The 4+5=9 rosco was referring to is the 1000 shares of super voting preferred shares. 1,000 shares of Nontransferable Preferred Stock entitled to votes totaling 110% of the combined voting of the Common Stock and the Series A Preferred Stock. The rights to issue 558 million shares without common shareholder vote.

[J.T. The DD King]

LMAO, If one reads the whole filing instead of selective parts the truth reveals:

The Company has three classes of voting stock outstanding: the Common Stock,
the Series A Preferred Stock, and
the Nontransferable Preferred Stock.

There are currently 188,996,564 shares of Common Stock outstanding

I REPEAT There are currently 188,996,564 shares of Common Stock outstanding

AND FOR A 3rd time just to make sure you all see & understand it. There are currently 188,996,564 shares of Common Stock outstanding

and each share of Common Stock is entitled to one vote;
3,694,400 shares of Series A Preferred Stock and each share is entitled to 100 votes; and
1,000 shares of Nontransferable Preferred Stock entitled to votes totaling 110% of the combined voting of the Common Stock and the Series A Preferred Stock.

Accordingly, the total number of votes held by holders of the Company’s voting securities is 1,172,632,784 reflecting 188,996,564 votes of the Common Stock, 369,400,000 votes of the Series A referred Stock, and 110% of the total votes of the Common Stock and Series A Preferred combined or 614,236,220 votes.

The vote or written consent of the shareholders holding at least 586,316,111votes from the Common Stock, Series A Preferred Stock, and the Nontransferable Preferred Stock issued and outstanding is necessary to approve the sale of the West Thrifty/Quita leases, ratify the sale of interests in our Oklahoma and Kansas properties, and approve the Reverse Split. In accordance with Nevada law, July 2, 2013 is the record date for determining the shareholders entitled to vote or give written consent.
Replies:
now let me get this sraight 2+2=4 4+5=9
rooscogburn on 8/2/2013 4:40:21 PM
Thanks for posting this JT
absintheminded90210 on 8/3/2013 10:26:23 AM
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