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all the PROMISES...yet NO action!!
buyback up to 20% of the float...
personal assets used for acquisitions...
float will go UNDER 60b...
we are going to the Larger Exchange...
we are going to complete an audit...
DVD is in the mail...
LOI with SkierShop...
LOI with Matrix...
Summus Centers will open...
Station in Aspen, CO...
in Pinkieland...is there a such thing as an HONEST CEO?? Nope, didn't think so!! RJ
not sure what to expect...I know the Mag is NOT much...but we will have to see!! RJ
RJ................
Dan purchased N'east and with that came the promise of funding. From what has been discussed, it looks like N'east recieved little in funding. I think Jim figured he could do better on his own and gave Dan an option. Sell out or I fold the magazine.
I really don't think SMMW will see much for the magazine except for shares. Restricted .0001 shares.
JMHO
no I was JOKING...this SMMW shows you there is NO such thing...RJ
is there such a thing as a clean shell?
does one exist?
what is funny is Jim is saying...NO dilution for acquisitions...now that sounds familier!!
LOL...the company is NOT selling shares!!
I wonder if Jim's shell was a clean one?? LOL...Rj
I think we are going to get BOTH here in time....RJ
me i hope for cash and shares
I'd bet its in shares...................
If it is.............run.....run like the wind.
I wonder how Jim will pay Dan for that 51% of N'East Mag?? RJ
the DVD is still in the mail...right?? LOL!! RJ
Still waiting on my DVD...maybe something will come in the mail THIS WEEK?? Here's to HOPING!! RJ
chances are that is what they are doing...business is ALL about he money!! that is for sure...Rj
follow the money.
I guess IF they are looking forward to being acquired, it must be a nice FAVORABLE % for SMMW?? RJ
Hey Erdo...is this your first Summus Van spotting?? Also, was it new?? Or wore out?? I know you could not see the driver but how did it look??
Maybe you can get us a photo since you live there in CO, it would be great to see what you saw!!
Are you still holding shares?? Hope all is going great...RJ
I agree...transaction seems to be well under way from the sounds of it!! A smoothe one always helps out!! RJ
yes and i think it will happen before that time and now we know that matrix employees are lookinf forward to becoming smmw employeees even better
I am with you...last time Dan gave a deadline it was completed EARLY! And this one will be the same...Lisker then...now Matrix!! RJ
well seems like deal wil be done
I agree...that is a GREAT sign of things to come. The folks are getting ready for NEW bosses in town?? RJ
A barrel of monkeys would fit in at smmw....They damn sure couldn't run it any worse.
i see you got a pm too yes the deal will go down other wise why would they be thinkking of that
I see what you mean...IF they are getting ready for SMMW...that means the deal WILL HAPPEN!! Not a matter of IF it sounds great!! RJ
yes and it seems they are trying to se how everyone will fit in smmw so maybe
the CFO of the company we are aquiring MAY be up for the job!! and maybe he will be able to get us an audit out for ALL to read?? RJ
track record is HORRIBLE...and NO ONE expects him to close it!! look at the volume...PATHETIC!!
For a company that is SUPPOSED to close on a LARGE LOI!! RJ
not going to hold my breath.
it is truly sad that we will all be shocked and surprised if DB does what he says.
his track record suggests that he will not fail to disappoint us all
seven days DOWN...14 more to go for the closing...IF it happens?? RJ
LOL...I am not looking forward to getting OLD. My bride STILL has the awesome body!! That is what is great about ONLY being married for LESS than two months so far. I am ready for Cancun again...I saw a bikini EVERY DAY!!
and the nights...well lets just say were GREAT!! And best of all...it was my wife/best friend!! RJ
RJ.................the girl in that picture. She has my wifes body.
Tell he to give it back!
Please.
10 below...heck we are 32 degrees today and I am FREEZING, that is why I am staying INSIDE!! RJ
then you have the Wachovia deal UP TO $5m in loans??
I think there is ALOT more than meets the eye here!
Dan is NOT telling us all he has...OR these banks would NOT be talking to him as they are...RJ
RJ..........butchering a few deer is a good reason to have some beers. When you have them hanging up like bats.......get a pro.
BTW........butchering them ain;t so bad. Gutting them when It's 10 below, Sucks!
RJ.........I think I've said what I personally think Dan's doing in my past posts. IMO it will hinge on who owns the prefered shares. As far as SMMW aquiring Matrix........can't see it. They are behind in taxes and the CEO has a credit rating that is lower than his companies PPS. Who would loan them the capitol?
Again...best of luck
Pete
that is great!! I know our freezer has NOT had any deer in it for about 3 years now...but there is ALWAYS next year. And there is a special season coming up here in January...here around the house!
maybe then..we can fill up the freezer!!
I bet it was REAL nice not having to clean your deer, let the butcher take care of that! Very smart, that is the WORST part of hunting IMO!! RJ
RJ.............I've got a large hobby farm that backs on to thousands of acres of crown land. I had over 100 guys hunting here at different times over a two week period. Some are still coming out to bow hunt. We hired a local butcher this year and he worked here each day. At $75.00 a deer he collected about 4 grand for 2 weeks work. We have a lot of deer up here and this has been a great year. Even with all the ones taken so far, I still see them yarding up in some of the fields. If we have an easy winter, we will be tripping over them next year.
We had no shortage of bucks this year, but none were shot that would be considered a trophy. The biggest was 15 points and most were 6 - 8. The racks on most were tiny. Must have been a bad year for nuts.
I still have my tag and will do some bow hunting this month. There is no shortage of meat in the freezer so no worries here.
Take care......
Pete
LOL...you killed anything this year? I know my dad went a few times back in November...only saw doe...and NO bucks!! RJ
its five o'clock somewhere...I bet you can get you your BEER!!
I do not believe they are public. So it will be interesting to see. I know that I have NOT seen anything on their financials. I just HOPE they are profitable. We will see, IF we get an audit. And maybe they will be included on that. But I am not sure anymore!!
Maybe, just maybe Dan is actually trying to build a real company. If he was not...WHY not r/s us a LONG time ago?? RJ
Beer.....................After deer season and all the guys I had out here for the hunt........I need a 18 wheeler to return the empties.
I'm not kidding.
I don't know RJ..........are they a public company?
maybe Matrix has an office for Dan??
I also wonder IF Matrix has an UP TO DATE...audit?? RJ
Why is it so funny Gordie.....?
The part about all the past promises or the part about most of those promises not being kept?
funny a non share holder spending all there time tryng to show you whats wrong reminds me of some shorts i knew once and not being fined for not paying taxes the only way i know that could happen is if you have a legal reason
I know when it looks the darkest...AS IT HAS for the past OVER two years. Is the time to buy. I hope this idea of my purchasing these shares will pay off. It has in the past. But I must admit this is frustrating, and NO it does not add up. At this point, I am investing with Blind Faith. I hope there is a real company being built here. As time will tell. We know the company made a littl over $2m in revenues, from the Winter Sports Division as PRed. That is not too bad of a start. The Mag is a VERY SMALL part of this company. And I think HAM may be making $500k or so. Just idea. And this Matrix IF aquired will be able to obtain us a BID back. And then the ONLY way the PPS takes off...is with retirement of shares. That is MY HOPE!!
And as far as taxes, he does run behind BUT never assessed a fine per the Vermont and Deleware state tax records. I guess you can say he is NOT paying them on TIME...but he is NOT getting fined for whatever reason!! RJ
" with all these REVENUES coming together ".......
RJ...............
What revenues? Sure, there may be some from Stockli and Liskar but the mag will have little. Eastern stations are off the air and I don't think the Summus Centers are bringing in much, as there ain't none.
Sure, if Dan closed all the existing Loi's there might be a healthy amount of revenue but wheres he going to get the money.
Banks frown on companies that don't pay their taxes. They also don't seem to like guys who have their name on the defendant line of multiple law suits. Someone said to pull your certs to fight the naked shorters. I hope you pulled yours because when this is over, Dan will be the sole owner of Skiers Shop, and you will be the proud owner of a ton of Summus toilet paper.
With the exception of Lisker Stocklie and N'east, Dan has done nothing but chance the company name and reduce a bloated A/S by 20 %. I'm not sure what the float was at that time but it sure is a lot higher now.
Distributors work on volume and based of sales figures I've seen Pr'd, the profit would produce a nice income for a one or two man agency with releated lines. The magazine I'm only guessing on. I'm sure I read a few posters said they got it at B+N. Now it's not there. When a magazine doesn't sell enough issues in a store.....they don't re-order new issues. Display space goes to mags that sell. As for the last two.....A/S reduction and the name change......That looks good in a pr. Dan had to lose the PRRM name to brush away the Asstrom history. It gave him a chance to start clean....so to speak. It also helped him dump billions of shares.
IMHO, when all is said and done here, the ones who hold the prefered shares will own whats left, and some will own a life time supply of .0001 TP.
For you....I hope I'm wrong.
Best of luck
FWIW JMHO GFO
dreams CAN come true!! RJ
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