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WATCH THIS OUT ITS POSSIBLY A 25 BAGGER FROM HERE
Looking forward to a GREAT week here in NWMD land!!!!
eircom.net bingo page link
http://entertainment.eircom.net/rehab/
It's deals like this that help a turn-around, i.e. they need more players/traffic to grow and ads like this certainly help.
I've also checked alexa to see who's linking to the site.
http://www.alexa.com/site/linksin/rehabbingo.com
This doesn't suggest a turn-around (yet), just hopeful signs of progress.
I believe the biggest risk is the default and what Trafalgar will/won't do to help keep them afloat.
In for a penny....in for a pound?
Ghost do we expect something from the company next week to trigger the jump? Still liking the potential and DD here. Many thanks.
Look at the charts you will see a history of some real EXPLOSIVE power here!!
The potential for a HUGE price spike is incredible!!!
Here's the post by "kingfisher1964" on 1/10/2010 at MCLN board.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45323789
No posts here from kingfisher1964 and no real DD by him/her on what makes NWMD a "budding" story. Management's comments in the last 10Q were less than encouraging for any near-term fix to the problems.
What was that date dannol; I want to look up his comments. Many thanks.
Hi profxw
I don't recall it being CentPennie, but it was a MCLN poster on/about same day as my original post here that made me look.
INSIDER TRANSACTIONS REPORTED
Date Insider Shares Type Transaction Value*
16-Apr-09 TRAFALGAR CAPITAL SPECIALIZED INVESTMENT FUND
Beneficial Owner (10% or more) 9,005,700 Direct Statement of Ownership N/A
Hello Dannol. Are you in contact with CentPennie who posted on the MCLN board? As I remember he had some valid positive info.-however I'm unable to find his posts to review again. Would like to look further into his insights.
glta
I also think a New Year is going to bring New things to NWMD!!!
They must have wanted to get all the bad news out of the was in 2009 so they can move forward and UPWARD in 2010!!!!
Saw same post on MCLN board. Read my two prior posts on last 10Q. The dump in December was on that filing.
This may be a pump and dump, as I see nothing to change the distressed debt issue and major negative cash-flow. They needed a better debt restructure and more cost-cutting to get the balance sheet healthy and cash-flow neutral.
On the positive side, been to the RehabBingo.com website and do like the format and reviews. It's why I'm watching for a real turn-around story to develop (like MCLN).
Check out post 36!
Thanks Ghost. Bought just yesterday and ready to hit it hard when the fun begins. Appreciate any DD along the way however.
Looks like we are going to have a great week ahead of us!!
New Media Lottery Services Partners With eircom.net, Ireland's Leading Telecom Website Portal
PR Newswire
posted: 54 DAYS 1 HOUR AGO
http://money.aol.com/rtn/pr/new-media-lottery-services-partners-with-eircom-net-ireland-s-leading-telecom-website-portal/rfid273572966?channel=pf
Hello everyone. New to the board today. Does anyone have some info that could be posted on an IBOX here? Very interested in any DD available. Not a member but my email is: profcwpalmer@comcast.net if necessary. I was led here by a poster on the MCLN board. Many thanks.
glta
Sideliners may become chasers when we continue moving upward!!
good luck to you as well.
I'M IN BIG!!!!
I'm passing for now ...
on the basis of the debt default in last 10Q and no update to indicate other than seizure of assets and termination of operations may result (as clearly stated in last 10Q in Section II Part 3).
If they also defaulted on December payment, they are over 90 days past due.
I need to see clear evidence of a turn-around (or at least a plan that makes sense) before I'd buy.
I'm also a little concerned about the lack of advertising for client mentioned. Is that an obligation not being met under contract?
GLTA and please be very careful.
Now you're talking!!!! .05 Sounds good to me!!!!
LOL... you may be able to get some more under a Penny but it doesnt look like we will stay down here much longer!!!!
PENNYLAND is approaching soon!!!!
i should shut up... i want to accumulate much more.. hope it stays down for a while LOL
.05 for starters,, then .10 and possible super spike to .20 .30
i have seen it before... can happen again
You got that right!!!! Can you say Break-Out soon!!!
I can!!!!
hey ghost, do me a favor and tell $oldier Hard and abbytraderwin
about NWMD
i think they like this kind of stock from what i have seen them pick in the past..
maybe in a PM to them
slowly but surely...
this thing is quiet but very deadly
.009's getting hit now!!!!!
Accumulation under the radar slow and staedy so the pps doesnt spike up before it's time!!!!
That's what I see!!!!
yes indeed.. and what a huge run it will probably be...
but still patience is key as I not think we ready for prime time based on my charts until another week or two...
upside is huge here, downside is possible but then may just switch into basing pattern at worst
Looks like someone has been trying to accumulate under the radar before an anticipated Run!!!
I'm ready!!!!!!
news would be icing on the cake.. have not had PR and are overdue for the new year
NWMD daily chart based on my favorite indicators is saying the real breakout is 1 or two weeks away
the weekly chart is saying a longer term megabreakout is building..
lets roll...
the downside is the low and spotty volume but i can tell you from experience that the ones that run the hardest are the ones with spotty volume like this..
I totally agree!!!
I've been saying we are Wayyyyyy Oversold!!!!!!
Time to get back to reality and PENNYLAND / NICKELAND here we come!!!!
based on the way this thing has traded in the past I would think .10 is a minimum target price when all is said and done.
2008 high of two dollars and thirty eight cents.. and we are trading near .008
WOW.
yes that is usually how the trend emerges...
i think we have hit rock bottom.... based on the way this trades...
you just have to ask yourself how much lower this can really go.. and if it does, it can easily pop back up to .01 in just a few trades..
seems like accumulate is the best strategy here
I bet those bm go up just like the PPS is going up!!!!
yea seems to be some action in NWMD now and next few weeks..
i noticed bid support builds up as the ask gets hit ... so seems to be a new uptrend..
and this thing upticks to the next penny on barely any volume..
good luck to all
only 3 boardmarks ? hello!
Moving up as the volume comes in!!!!
Looks like we are about to make our move here!!!!
Here we gooooo!!!!!
Going to watch this one with interest, BUT
I would advise caution on the basis of the last 10Q with reference to new default on payments to Trafalgar Capital and "lack of cash to expand our business". I see from the last 10K the attempt to reboot with the shake-up and debt for equities/warrants swaps, but they appear to lack capital for expansion and their expenses remain high (too high IMO). I do like reboots that have a good plan, but this one doesn't seem to be working (yet).
Disclose: No Position (Long or Short) and Not Paid to Post
Quote from last 10Q follows....
Summary Results of Operations and Financial Condition.
Our financial condition and operations continue to be afflicted by a lack of cash to expand our business. During the last fiscal quarter, our revenue from operations increased slightly and we continued to cut expenses; thus, our loss from operations decreased compared to the prior quarterly period. However, we expect that our expenses will continue to exceed our revenues for the foreseeable future. We applied the proceeds from the $275,000 loan we received during the last quarter, from which we received the net amount of $227,500, to satisfy our ongoing expenses and, consequently, could not allocate any cash to business development or to increase marketing of our client's bingo Web site.
As of October 31, 2009, we were indebted to Trafalgar Capital Specialized Investment Fund-FIS ("Trafalgar"), our largest stockholder, in the principal amounts of $575,000 and €2,211,111 under the terms of four debt instruments. On October 30, 2009, the Company was required to commence repaying a portion of the amount due under these instruments. The Company did not make the payments due on October 30, 2009 or November 30, 2009. Consequently, during the quarter ended October 31, 2009 and in the subsequent period through the date of this report, the Company has been in default under the terms of these debt instruments and the related agreements with Trafalgar. The Company currently does not possess sufficient cash to make the payments required under these instruments. A further discussion of the Company's obligations under the various loan documents and the consequences of the default is included under the heading "Capital Resources and Existing Obligations," below, and under "Part II, Item 3. Defaults Upon Senior Securities."
been watching this one.. it seems to have a super low float and level II moves very fast with only very small buys..
maybe a bit oversold now and worth a starter????
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DUBLIN, Nov. 23 /PRNewswire-FirstCall/ -- New Media Lottery Services, Inc. (OTC Bulletin Board: NWMD) ("NMLS"), based in Dublin, Ireland and Virginia, USA, the lottery content and systems provider, announced a new two year channel partnership agreement with eircom.net, Ireland's largest telecom website portal for NMLS' client lottery site RehabBingo.com.
The deal will promote partner site www.Rehabbingo.com to over 1 million unique users every month and will be comprised of an integrated online bingo and games presence on the eircom.net site. Eircom.net is Ireland's highest trafficked site with over 24 million page impressions monthly.
The deal offers eircom.net visitors exclusive offers, competitions and promotions and is expected to drive the games channel as part of the eircom.net content strategy. It also makes RehabBingo.com the exclusive online bingo partner of eircom.net for the next 12 months.
Commenting on the signing of the agreement, NMLS CEO John Carson said, "We are delighted to be partnering with eircom.net on this deal for RehabBingo.com. Eircom.net has a great reputation and substantial presence in the Ireland market. We are looking forward to a very successful relationship."
Enquiries: New Media Lottery Services (1) 540 437 1688 John Carson www.nmlsinc.com
About New Media Lottery Services, Inc.:
New Media Lottery Services, Inc. (OTC Bulletin Board: NWMD) supplies lotteries with a white label lottery system, games and management support to develop new income streams from digital lottery product distribution, including the Internet, mobile telephony, interactive television and digital vending. NMLS secures long-term contracts with lottery clients and shares in the net win from these partners.
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