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ROB,
I live in Canada and I will be covering this week.
OH dear BUT mario was an exception. He was simply too outragious to leave alone. To be honest I likely did more digfging on Mario's scams and his background thaan I did on all my other stocks I have ever owned long and short all put together.
PGG may be clear of Mario but I doubt it
BUCK: YOU CLAIM you NEVER EVER< EVER DO DD, but then you write that you have ben following Mario around for months - that's not DD in your book?
Explain to me how you are shorting a penny let alone a pink sheeter. Where do u live?
Someone help me out here....why, after two days of what appeared to be solid news, did this stock tank so badly. It doesn't appear to be just profit taking - or is it. Someone a few posts back mentioned something to the effect of, "That's when the trouble started..." ??
I'm not in, but obviously thinking about it - thanks.
Hat
market cap = HUGE
M rock,
I am long 95% of my trades because I buy a stock I hope is going up. and 95% of those are POS scams.
And most of those I would love to short when they get bloated and fatly over overpriced but I cannot because of margin restrictions surrounding penny stocks.
So I do not short much but I saw this one and I am shorting it because I think it is going down. and bear in mind I needed a full 200% to margin this
I still made nice return on MLON both times - just didnt nail the top. Selling for profit not a bad thing. IN this case I will be buying PGG for profit.
One question. - What is the market cap??? and does not this hype remind you of 1999 2000 Tech hype
ah the truth comes out, "I sold it before it RAN" So sorry Buckey but maybe if you buy PGGG here you won't make the same mistake. It's heading to $2-$3
I never ever held MLON over night. I played MLON long twice for quick flips on news and sold well before it ran. I read the MLON news - all 120 of them _ and felt that they were "too good to be true". Actually the collection of NRs mario put out was the most incredulous string of lies ever concocted. The answer to your question is NO I didnt lose money on MLON. BUt I am very familar with a lot of the stuff Mario touched including being CEO of this company at one point. Also the other suspicious companies are PRGLF ( sssymbol now chaged), RRBK WSSE and a few others.
Here is a nice read on most of the NRs for MLON
http://www.mellonres.8k.com/
Did you lose on MLON? seems personal. I am sorry for you losses though. But sorry I had a position in PGGG when you were bashing it, so i took it personally as well. so i'm sorry if i seemed like a pit bull on the attack. But hey i wish everyone hte best of luck. I rather see investors make money. We can put scammers in jail some other way :)
LOL NO I am shorting this on principle only - I even had to go to one bank and take out $3k US in a draft and walk it to another bank where my short acct is and deposit it as my sht acct is at a bank I do not do any biz with.
IT was purely on principle and I got a $15 parking ticket doing it but then again I am covering at .60 so the $900 profit will pay for that
How are you even shorting this? Paper trade? If you were a real short, you would be shorting a lot more than 1k buddy...
Deal is with major cell phone carriers. The majority of mobile cellular phones with Internet / WAP access, manufactured by Sony Ericsson (NYSE: SNE - News), Motorola (NYSE:MOT - News), Nokia (NYSE: NOK - News), Samsung, Sharp amongst other manufacturers will be able to access the mobile gaming platform.
OK folks when I read all of the MLON news releases I noted often that never did Mario give any name on his supposed great and wonderful deals.
The July 11th news was on an acquisition from CNOC ( also promoted by Agora)
The JULY 13th news announces first licensee - NO details given.
Today's news - NO names mentioned.
I am not saying these deals are not happening. I am just drawing parallels.
and For the record I am short 1k at 1.50
New PGGG NEWS
Pegasus Gaming Set to Enter Booming Mobile Gaming Industry
Thursday July 14, 9:15 am ET
PHOENIX--(BUSINESS WIRE)--July 14, 2005--Pegasus Gaming Corp. (''Pegasus'') (Pink Sheets:PGGG - News; http://www.pegasusgaming.com), is pleased to announce that the company has completed negotiations to acquire the licensing rights to a mobile gaming platform, which can be seamlessly integrated into its I-gaming operating platform. The platform will support play for cash as well as play for fun. With the recent approval in Nevada of the use of mobile gaming communication devices from public areas in Nevada Casinos, it would appear that internet accessed gaming, can come out of the closet and be introduced into mainstream applications. With the advent of a younger generation of players, who are accustomed to using video applications for entertainment and with an increase in entertainment spending, this section of the gaming market would appear to be poised for a dramatic volume increase.
Industry analyst Juniper Research, has forecast that the mobile gambling industry could reach US $16 billion in revenues by 2008 fueled by the more than 1.7 billion mobile phone users, or more than 25% of the world population.
The majority of mobile cellular phones with Internet / WAP access, manufactured by Sony Ericsson (NYSE: SNE - News), Motorola (NYSE:MOT - News), Nokia (NYSE: NOK - News), Samsung, Sharp amongst other manufacturers will be able to access the mobile gaming platform.
The mobile gaming platform will be offered to licensees as an option to the core product and will therefore generate royalty income from the licensees' client base.
Mr. David Cheng, President & CEO commented. "When the company business plan was prepared in 2004, this area of the market was not significant in overall business volume. The request we have received from interested license purchasers was such that we felt that this option would become a value added platform that would complement the existing core products. The application has integrated very well into our existing technology and we see this area of the business expanding to reflect a potential to increase gross revenue by as much as 25% to licensees offering the platform. We intend to aggressively pursue sales of the Mobile Gaming Platform option to new licensees for 2006. We expect an official launch date for our Mobile Gaming Platform, to be early 4th quarter of 2005."
Investors wishing further information can e-mail AGORA Investor Relations directly at: PGGG@Agoracom.com.
About Pegasus Gaming Corp.
Pegasus Gaming Corp. is an Arizona-based I-gaming software and e-commerce services company servicing clients from Europe and Africa. The company licenses a suite of online products, including online bingo, casino, sports book, and pari-mutuel betting. In addition, the company provides a state-of-the-art complete back-office management system that operates all e-commerce transactions, gaming Web sites, accounting system and licensees' management/reporting platform.
To obtain further information on Pegasus Gaming Corp., please visit the corporate web site: www.pegasusgaming.com.
To view the corporate presentation with sound, please click on the following link.
www.pegasusgaming.com/slide.pps
The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Chimera's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
--------------------------------------------------------------------------------
Contact:
Agora Public Investor Relations
Investor relations, 866-234-9934
Keep talking trash Buckey, your not shaking my shares from me. You can have mine at $2.50 maybe.
LOL- Guys this Bucky guy is a true character. This was not a shell. Pegasus Gaming, Corp. WAS formerly Grade Point Adverage, Inc. name change....
http://www.pegasusgaming.com/sec.htm
LOL
move on brotha...
PGGG has Mario Pino connections. I have been watching PGGG for many months.
I guess you just have to ask your self. what is the market cap? and does it justify the fundamentals ( there are none) compare it to others in the sector for a MC POV.
Anyway I will not be here much more as I have given my warnings
Pro Basher. Please click on my profile and find any other stocks I have bashed other than the very cloely related MLON
I HAD THIS STOCK ON MY TICKER FOR 6 MONTHS OR MORE. ITS A PINKY. theer are no financials. it was a dead shell a week ago and now has some ridiculous market cap LOL just fair warning folks fair warning
Professional Basher - beware! When buckey shorts a stock he loves to try and scare people, that's why he's called a professional basher.
Major PR coming out on the 14th I hear.
Looks to me like folks didn't react well to the PR this morning. PGGG probably wishes now they didn't release it as the trouble started not long after it's release.
The point is still that it's up nicely and who is selling? Duhhhh, profit takers along the way. I dont know why he keeps on bashing. We ain't investing and holding for 5 yrs...
Good luck to all!
I couldn't have said it better myself. Technically today was a nice consolidation day. From the way things are developing it seems like this company is just getting off its feet. I would not be suprised to see a similar type move as was seen with NAUC. There's has been alot of accumulation here and with only 5M float I believe it should start moving up even quicker in the short-term.
It will continue to build higher bases as new investors come in. Online gaming is a very hot sector right now, and not to mention PGGG has its hand in POKER also. Just have a look at what WPTE has done recently.
I'm thinking PGGG will be trading in the $2-$4 range in a week or so and will then trade in that range until some major developments are announced.
>"I am short PGGG For the record."
... Liar. If you did, you're sweating big time. Liar.
>"Do not like the market cap"
What do you know about the revenues and financials of this company? Nothing. Also, if you want to invest go buy Microsoft
>"A lot of shares traded the last week. WHO IS SELLING?"
The many people who are up 50% like me. If you had just bought when you first saw it and not bash it, you would be happy too...
I would hate it too if I wasn't banking/have banked on it, but I did so I love it lol
Why do you hate PGGG so much? SEems like it's getting personal with you and your bash of it. It netted me a nice 50%+ in a week.
wwhatever. This stock will be at a dime soon enough
Mario was CEO of this shell and the last Filing in Nov 2004 was his handwriting - Go to arizine state website and search on Pegasus. Cheers
there were profit takers today. Lots of folks in at a buck last week.
Mario Pino has nothing to so with PGGG...current managenment
http://www.pegasusgaming.com/management.htm
I am short PGGG For the record. Do not like the market cap and the former CEO Mario Pino who had it last year when it was a shell. A lot of shares traded the last week. WHO IS SELLING?
PGGG NEWS AFTER BELL
News After The Bell...
Pegasus Gaming Corp. Retains AGORA Investor Relations
7/13/05
PHOENIX, Jul 13, 2005 (BUSINESS WIRE) --
Pegasus Gaming Corp. (Pink Sheets: PGGG) (http://www.PegasusGaming.com) is pleased to announce it has retained the services of AGORA Investor Relations Corp. ("AGORA") (http://www.agoracom.com) to provide investor relations services.
The objective of this agreement is twofold. First, to create effective communication between Pegasus Gaming Corp., its shareholders, and the investment community through AGORA's Internet-based investor relations system. Effective July 20, a customized and monitored Pegasus Gaming Corp. IR Hub (http://www.agoracom.com/IR/Pegasus) will allow both Pegasus Gaming Corp. and AGORA to communicate with all investors simultaneously, anytime and in real time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR Hub will also provide one-click access to the Pegasus Gaming Corp. broker fact sheet, company profile, five most recent press releases, e-mail list registration, latest stock quote & chart information, and an executive audio address updated quarterly. In addition, the IR Hub provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the company that is free of spam, bashing, hyping and profanity. Investors can also call in to speak to a Pegasus Gaming investor relations representative by calling the company's toll-free number at 866-234-9934.
Second, AGORA will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.
Pegasus Gaming Corp. President David Cheng, stated, "Given the company's recent developments and the excitement being generated in the online gaming industry, we believe the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORA fulfills our need to manage and execute an IR strategy in a cost-efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and company will benefit greatly from near real-time communications, regularly planned updates and increased exposure."
For all future Pegasus Gaming Corp. investor relations needs, investors are asked to visit the Pegasus Gaming Corp. IR Hub at http://www.agoracom.com/IR/Pegasus, where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to PGGG@agoracom.com, where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
The terms of the agreement are as follows: Duration - 12 months; Monthly Cash Compensation - $2,000; and Stock Options - 250,000 shares at $1.50 per share. This agreement has been negotiated entirely at arm's length. AGORA is located in Toronto, Ontario.
About AGORA Investor Relations Corp.
PGGG-Mytradz showing last sale of 1.59 . Yahoo finance at 1.492. ???????
CNOC owns 5 million shares of PGGG which makes it significantly undervalued here. Very similar to AMRE/NAUC if you played that similar situation.
CNOC o/s is 89 mil I just called T/A
Tradeable float was 15 mil as of Dec 31st when o/s was 75 mil so at the most tradeable float is about 30 mil shares
Should hit teens minimum
PGGG NEWS! AGAIN TODAY!! BRING ON THE NEWS!
Pegasus Gaming Signs First Licensee
Wednesday July 13, 9:55 am ET
PHOENIX--(BUSINESS WIRE)--July 13, 2005--Pegasus Gaming Corp. ("Pegasus") (Pink Sheets:PGGG - News) is pleased to announce that the company has entered into a letter of intent for a European operator to acquire Pegasus' Turn-Key I-gaming operating licenses. The group has received a trial package of the I-gaming operating system and platforms and will initiate testing of the turn-key components to determine the feasibility of integrating these components into their existing platforms. The testing process is expected to be completed by August 15, 2005. The prospective new licensee has completed discussions with Pegasus' senior operations staff and management from Costa Rica and has received favorable opinions as to the legalities involved in operating online gaming through the Internet in their region, from their local attorneys.
Company President David Cheng commented, "The new generation of Internet operators is very sophisticated as to the use of the Internet to provide a viable robust business operation. These young entrepreneurs have been somewhat challenging for us in terms of meeting their branding and customizing requirements, but I am very pleased to report that staff and management were able to confirm that any system modifications, including software updates, would be provided on demand. Our unique Turn-Key I-gaming platforms and applications, as they are now marketed, are among the best applications available in the market space today, and we are well able to provide the technical and system modifications to meet the needs of the most discriminating of clients."
About Pegasus Gaming Corp.
Pegasus Gaming Corp. is an Arizona-based I-gaming software and e-commerce services company servicing clients from Europe and Africa. The company licenses a suite of online products, including casino, sports betting, and pari-mutuel horse betting. In addition, the company provides a state-of-the-art complete back-office management system that operates all e-commerce transactions, gaming Web sites, accounting system and licensees' management/reporting platform.
To view the corporate presentation with sound, please click on the following link: www.pegasusgaming.com/slide.pps
The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Chimera's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
--------------------------------------------------------------------------------
Contact:
Pegasus Gaming Corp.
David Cheng, 440-445-4336
info@pegasusgaming.com
--------------------------------------------------------------------------------
Source: Pegasus Gaming Corp.
very nice Lady!
1.39x1.40
2x1
LOVELY VOLUME
PGGG NEWS
Pegasus to Offer P2P Multi Table Poker to Its Licensees
Tuesday July 12, 9:55 am ET
PHOENIX--(BUSINESS WIRE)--July 12, 2005--Pegasus Gaming Corp. ("Pegasus") (Pink Sheets:PGGG - News; http://www.pegasusgaming.com), is pleased to announce that the company has completed testing and integration of a P2P Multi Table suite of Poker card games. The games offered include Texas Hold'em, Omaha, Stud and several games which are offered in Asian markets. These products are to be added to the suite of Internet Casino Platforms and offered as an optional addition to all licensees. In addition, the licensee will be able to run tournaments and offer specific incentives to players as part of the customization of all products to their operations.
Mr. David Cheng-President and CEO stated, "With the addition of the optional P2P Multi-Players Poker platform to our licensees, the incredible popularity of Multi-Players Poker and other card games can effectively be marketed by our licensees. We would expect that with suitable marketing of this unique game suite, significant business increases will be achievable to add to the already high revenue potential of our gaming platform."
Elsewhere in the gaming sector, with the recent successful IPO in June, by Party Gaming, operating www.PartyPoker.com, on the AIM Exchange in the United Kingdom, valuating Party Gaming at almost $10 Billion US, making Party Gaming the largest IPO since 2001 in the UK market, there is no doubt the investment community is taking notice of the explosive online gaming sector.
About Pegasus Gaming Corp.
Pegasus Gaming Corp., is an Arizona-based I-gaming software and e-commerce services company servicing clients from Europe and Africa. The company licenses a suite of online products, including online bingo, casino, sports book, and pari-mutuel betting. In addition, the company provides a state-of-the-art complete back-office management system that operates all e-commerce transactions, gaming Web sites, accounting system and licensees' management/reporting platform.
To obtain further information on Pegasus Gaming Corp., please visit the corporate web site @ www.pegasusgaming.com .
To view the corporate presentation with sound, please click on the following link (www.pegasusgaming.com/slide.pps).
The above statements in regard to Pegasus, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Chimera's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
--------------------------------------------------------------------------------
Contact:
Pegasus Gaming Corp
David Cheng, 440-445-4336
--------------------------------------------------------------------------------
Source: Pegasus Gaming Corp.
1.30 and volume past Fridays...cool
THIS is looking very very lovely
1.28x1.29
218 k volume
10 day avg. is 57k....
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