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Interesting.First we lose the ticket sales for purchase via cell phone to IBM.Now we lose the WiFi to AMCN. I wonder who will get those billboards at the Railways????Those financials??They must have been doing billions of sales.They still haven't filed after 8 months of being de-listed.Promises broken repeatedly.Sad story to say the least.
This is what I found out. Under a (safe harbor statement,) http://www.airmedia.net.cn.
The statement came out march 5,2015, ticker AMCN
The Airmedia group s senior director of investor relations is Raymond Huang
Ir@airmedia.net.cn
It seems Airmedia is filing with th US securities and exchange commission
PR Newswire states that Airmedia has recently renewed its concession rights contract with JCDecaux momentum Shanghai airport advertising co. Ltd, to continue to operate digital media in Shanghai P
International airport until February 2018.
Second renewal,which they state demonstrates long term mutually beneficial relationships wth Shanghai Airport adv, co., they are using 98 inch digital totems to create maximum visual impacts., from chief executive officer Herman Guo,
Furthermore it states in the article that Airmedia is a leading operator of out of home advertising platforms in China.
Airmedia operates the largest media network in China, seven airlines, including the four largest in China., they also operate traditional media platforms, such as billboards, light boxes and mega LED screens.
It states they have a contractual concession rights until 2020 to develope and operate outdoor advertising, Sincopecs service stations located throughout China
AirMedia Granted Wi-Fi Concession Right on Ordinary Trains Operated by Shanghai Railway Bureau.....We are behind the eight ball....They also have the rights on High Speed.Interesting read.
I wish to add to my comments of yesterday.While I do understand and feel your frustration these were of course MY OPINIONS.It is my hope as well as all here that NO NEWS WILL TURN INTO GOOD NEWS once arrived.Their website looked very promising lets hope it all comes to pass and more...Keep the faith we had waited a long time for a new website and they delivered lets hope they are ironing out the glitches...GLTA
Welcome to the board.I have not made contact with this company.Financials are way overdue they should have filed by years end.There is ABSOLUTELY NO EXCUSE for this.Plenty have lost money here and we don't even know if our shares are worth anything at this point.Their website FBN MEDIA is down and all that potential that they had projected on that site appears to have been just a website with ILLUSIONS of GRANDEUR.There is no contact info for this company.I had emailed FBN many times in the past always with no response.I had also posted on their FB page with no response in the past.Sad to say but things are not looking good at this juncture.If this company had any CREDIBILITY they would have issued at least an update to shareholders as to their current situation.I wish there was something I could relay to you that would be positive but that is not the case.I as well as you and others have every right to be disgusted with the turn of events here.Waited a long time for NOTHING....Don't lose faith CHINESE NEW YEAR IS AROUND THE CORNER>>>>Maybe Sbjespress will come out with a one liner...LOL.....GLTY
im losing my patience with this company... WTF is going on???? am i the only one losing money?
kittyhawk having you contacted the owner or something? we've been kept in the dark for so damn long
You are correct.Filings are overdue.Looks like more patience is required.....Hopefully..
Thank you for your warm welcome and information. I checked their website and don't see FBN International having a Shanghai office. They only show a Hongkong and Beijing office.
Hello and welcome to the board.I will try and answer your questions though currently there is no information available. Dixon Lam was the founder of Interactive Marketing.Though now he is currently in charge of the FBN Media Office in Hong Kong.His father Kent Lam is one of the co-founders of MSWM along with Marvin Shannon who is currently the CEO of Metaswarm. Kent Lam I believe is in charge of FBN Media International Shanghai Office.It is our belief that they are working together .I do not believe they are in any way in Canada. MSWM changed their name in China to FBN MEDIA International and we are currently awaiting their financial updates which hopefully will be soon and thus hopefully they will fill in the blanks as to their current contracts if any etc.I hope I answered your questions.If you have any other questions feel free to inquire.Are you a long time shareholder??....GLTA
What's the deal with Metaswarm and Ipro Interactive Marketing and FBN Media International? Are they all run by the same people? The Lam family members? Is Dixon Lam and Kent Lam related? Any other Lams? Are they in Hong Kong now or still in Richmond BC Canada?
Well..well.well....How generous of you!!! Let me get this straight you have no FAITH but yet you want to buy....Now you know and I am guessing that MSWM will be alive and well shortly....Otherwise you would not be posting for shares...Why not tell us what's REALLY UP???? Hmmm maybe I'll offer a penny....:)
It has been some time since I have posted to any board. I have not the faith I once had for MSWM but the eternal optimist I am. For anyone that wish to take a Tax Loss for this year I will buy your stock for 1/2 cent (one half cent) until my cash is gone. This offer is on a first come basis.
Happy Holidays TO ALL
PLEASE PASS THIS TO WHOMEVER YOU WISH
FYI the company put out no information and that is a fact.You need to do your homework instead of making false statements..As far as you being a whistle blower you think too highly of yourself....That is your problem plain and simple...Perhaps one day when you grow into manhood you will take that hard look into mirror and see yourself for what you really are ..A very bitter and angry person..As per my investment it was mine to make not yours to stick your personal vendetta and cause financials loss when you had NOTHING vested....See yourself as you truly are not the FABRICATION you believe yourself to be....I'm done responding to you...
Revelations that a company is putting out false information for years and selling stock into the lies and who do you blame? The whistleblower. Pathetic. Your perceptions about who to blame and who is actually helping are as good as your investment decisions.
Thanks for your reply. I have one issue with your response and it is this....It appears to me that this issue has become personal for you and in so doing "YOU" have made it costly for we who were invested here....While "YOU" had not a nickle invested here I personally think you should have minded your own business and taken your private issue's and resolved them in a proper manner without causing harm to those who were invested here.We always had a choice to sell if we were not happy.You have removed that option...It is unfortunate that your motives were self serving...We have not benefited from it as you might be led to believe..
It's just an arbitrary number. It doesn't mean anything and it's not connected to anything anymore. The SEC stopped trading of MSWM "to protect investors." Marvin signed an agreement with them and it ended, probably because of the pressure I started placing on them. The stock belongs to the company which is now defunct. The shares are non tradable publicly.
The shell still has a perceived value of .23 because that was the last trade price before it was disconnected. It's just showing the memory of that last trade from the database. If you can't trade it and there's no company shares to actually buy or sell then the actual value is zero.
The proprietor of this shell, Marvin probably, could sell the shell or roll another company into it. At that time the new issue will resume trading. You probably should hold your shares. But most likely if the shell does take on a new issue they will reverse split into the shell and old investors will be booted.
Hi Auss I'm still showing .23cts..How is that possible?? Should I not be at .0001?? It looks like we are frozen for the time being.No other way to explain it..Unless you can explain it..
Guys, this company no longer exists! The SEC shut it down to protect you from buying into this Fabricated story any longer. It's over. Done. Fini. The movie is over, your popcorn is finished, the lights are on and everybody has left the building.
http://www.sec.gov/litigation/admin/2014/34-72907.pdf
"ORDER MAKING FINDINGS AND
REVOKING REGISTRATION OF
SECURITIES PURSUANT TO
SECTION 12(j) OF THE
SECURITIES EXCHANGE ACT OF
1934 AS TO METASWARM, INC."
"The Securities and Exchange Commission (“Commission”) deems it necessary and
appropriate for the protection of investors to accept the Offer of Settlement submitted by
Metaswarm, Inc. (“MSWM” or “Respondent”) pursuant to Rule 240(a) of the Rules of Practice
of the Commission, 17 C.F.R. § 201.240(a), for the purpose of settlement of these proceedings
initiated against Respondent on August 6, 2014, pursuant to Section 12(j) of the Securities
Exchange Act of 1934 (“Exchange Act”)."
Hey Jb relax all is well.I realize you have allot at stake..It may not seem that way but things are happening..Otherwise we would be at zero...If and when trading resumes hold on to those shares..
Hey Auss while the company is not trading or shut down as you put it.The share value remains at .23 Cts. If it were totally shut down we would be at trip zero's.Apparently the stock is frozen until they have met the requirements of the S.E.C. as regards to financials,This is my opinion of course.How else can you explain it....Lights are still on....GLTY
Fortunately the SEC shut it down, extinguishing any false pretense of hope that was still left alive. This would have gone on forever with me trying to warn folks, but now it is official and there is no denying it.
My best guess is: that the company was dead a long time ago, years ago, but somebody was making up stories about it still being alive in order to sell shares. It was all a Fabrication.
Hey JB the price is still at .23cts....That in itself is good news..There is apparently no trading going on even in the grey sheet....If and when we start trading again I believe it will be the opposite..The company will release news and we will finally have financials...Should be all good from that point on...IMHO
I think it is great to see mswm keeping every body informed like they always did /if this is ever able to trad agin it will start a dumpathon and will not stop till it is .0001
What happens on the 22nd? Re: the last deadline SEC
Gave MSWM to be in compliance? That was a 30 day deadline.
Hey Jb don't be so quick to jump the gun...My account still shows my share amount and money...While I agree it is difficult to sell on the grays..I don't think that if MSWM complied with the SEC and in fact the financials were being worked on at the time of the revocation that an adjustment would be made for the shareholder..It would stand to reason that somehow we would get our shares back as they were complying.It would be totally unfair to the shareholder to be left holding the bag...I have a feeling all will be well somehow...I was involved in the Sp*g tech fiasco as were many.There does not appear to be any lawsuits against MSWM and the only thing they are actually guilty of is late filing...Not Fraud..Keep the faith ..GLTA
Have they since spoken to the original founders?
Today I talked to my friends who told me to buy the stock. My friends got the information to buy it from people that started the company. I was informed today by my friend that it is all over! Any money that we used to purchase the stock is gone. It must be reregistered after 30 days from the time REVOLKED! That is a fact! So the only thing to do now is go after the people that deceived all of us.
Thanks for your response..
Kittyhawk, Meteswarm had two choices, to either have their stock registration revoked by DEFAULT whereby the SEC would never grant any re-registration application by Form 10, or for Metaswarm to agree to let the MSWM stock registration be revoked where the SEC may consider any application for re-registration under Form 10.
Regretably, though, the current MSWM shareholders would not likely benefit from any new stock registration since the current, revoked stock can never be traded again.
Out of 1127 revoked stock registrations in the past 4 1/2 years only one stock ever re-registered their stock. [EDVP (now PRLX)]
Please refer to this link with particular attention to the heading
Suspended SEC Filers sent to the Grey Sheets and then revoked:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104935976
Hi Brad welcome to the board if you read section l "To accept the Offer Of Settlement "Submitted" by MSWM Inc.I interpret this as something was OFFERED by MSWM and something was ACCEPTED by the S.E.C. Apparently MSWM has responded to the SEC in their 2 week time frame and SEC and made an offer of some sort which the SEC deemed appropriate...Let's hope thats the case....
Um, that offer was for the SEC to go ahead and revoke their stock since they didn't want to bring all their filings up to date. END OF STORY. Use it as a tax write-off.
It appears we have a name change from MSWM to MSWM Inc.So maybe somethings in the works......
Thanks for your post but in section IV it states they are complying with respondents offer.So it appears that some kind of agreement has been reached by both parties.Hopefully in our favor..GLTA
I would wait and see what tomorrow brings.If trading has resumed don't you think that there would have been more shares traded?? I do...
Hey JB trading has not resumed as the S.E.C. stated on the 19th.So it would be safe to presume MSWM attorneys have contacted the S.E.C.It is quite possible also that they have reached an agreement with the S.E.C to freeze the share price until they have produced some evidence that the financials are forthcoming.So you can expect another 2 months until we are set to go.This is my opinion..No news is usually good news..
Hey.Jb all will be well.Check Edgar everyday and watch for info.Relax almost there...
They could not file in 8 years it is not going to happen in two weeks .
Hi auss I understand that but suppose the stock remains suspended until further notice.Then what?
Not necessarily. If the stock is resumed it will be on grey sheets without a market maker and will still trade based on supply and demand, and the ticker will still report latest trades, but it will trend downward. None of that necessarily means the company is 'working on financials.'
Hey jb if we see fat zero's next week we are done.If we see .25 we should be ok...I was involved sp.g tech a few years ago.Trading stopped we went to .0001.....if we see no action and price holds then it would appear their working on the financials..GLTA
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