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that's my guess as well.. just needing money for another play, or Christmas
My bad..lol..guess that would buy a few more than one C.D huh? well I'm pretty sure its safe to say they didnt make any money on that trade..
lol.. it was the one after that was a punch down.. oh well, some people have no patience
$22.50 trade lol good times now they can go buy that Kenny G Christmas Carols C.D
crazy spread this morning .0015 x .0027
good job! u getting my normal shares, lol
buying again again early Jan!!
Yes you do I honestly wasn't paying to much attention today was all over the place
You got to take advantage of those swings. I did today... :)
Wild swings here today nice close>>>
r/s? dude you posted on the wrong board
WMDA ... REVERSE SPLIT coming?
jmo
Going to Triple ZERO's soon???
Wow ... WMDA.
jmo
More bogus news ... nothing definitive ... just hype.
WMDA.
jmo
low volume day but a good day. res around .003 thinning away
I agree. I hope to have an update soon.
It hasn't been pumped and dumped there is a difference in letting people know what a stock is doing in a given day and "pumping" no one has been pumping this play pure and simple and I haven't seen dumping either he is confused...He may be able to disagree that something may or may not happen R/M wise here but to say its a P&D is out of lines.
Now, now, he has a legitimate claim. However, he has not had the time to do his DD. Some folks doubted us on PFOB for a long, long time. It is only a matter of time. These shells, every single one of them can be purchased for a price. You just have to dig to find the owners and then arrange something.. This is another great one because there is only one creditor attached to the shell. What is even sweeter, there are only 42 million OS.
Really a pump and dump????Who's pumping the stock who's dumping the stock? you are lost go find your hole..
Mr. Gent, I have done extensive DD on WMDA. I have made numerous calls. Please go check out PFOB. I started researching that stock over a year ago when it was in BK. I discovered in my research it was an empty shell that was still part of the estate in the Bankruptcy. That means it was an asset. PFOB was trading under .005 when I ran across it. I had my share of skeptics on that one too. A year later it was purchased out of Bankruptcy.
The stock is currently trading in the .03 range and we are waiting on a RM to take place.
Low and behold in my research on WMDA, we have the same thing here. The remaining asset here is the shell. It too can be taken over or even cleaned up by the owners. They have one obsatcle, the one creditor that has a 1.2 million lawsuit against the public shell. The creditor, if he wishes, can have the shell or he can take some dinero in exchange. As of right now, that creditor will not see a dime of the $1.2 million because all the assets of the company were sold off.
That is where we stand today. Will it happen? I don't have a crystal ball in front of me.
I believe something will take place because we have a shell here with only one creditor attached to it.
Here is another example of a shell that was purchased out of BK.
http://www.secinfo.com/d1ZC93.z3.d.htm
(a) That Seller shall be authorized to sell and Purchaser shall be authorized to purchase the Asset free and clear of all liens, claims and interests under 11 U.S.C. section 363(f);
(a) Competitive Bidding. After the bankruptcy court approves the procedures set forth in this agreement, but no later than seven days prior to the final hearing on the sale of the Asset, interested parties may bid to purchase the Asset by submitting a cashier’s check in an amount equal to or greater than $40,000 ("Competing Bid"), payable to "Sonya L. Salkin, Trustee" and delivered to Patrick Scott, at Scott Malnik & Salkin, LLP, 111 SE 12th Street, Suite B, Fort Lauderdale, FL 33316. Any Competing Bid shall be subject to all the same terms and conditions as this contract.
(b) Auction Sale. If Seller obtains a Competing Bid, then two business days before the final hearing on the sale of the Asset by the bankruptcy court there shall be an auction sale subject to bankruptcy court approval (the "Auction"). The Auction will take place at the office of Sonya L. Salkin, 1776 N. Pine Island Road, #216, Plantation, Florida at 9:00 a.m., and Purchaser, the competing bidders, and anyone else may bid at the Auction. The opening bid at the auction shall be the highest Competing Bid and bidding shall be in increments of $500. If there is competitive bidding, the Asset shall be sold to the highest bidder. In order to qualify to participate in the Auction, all participants must tender a cashier’s check to the trustee prior to the start of bidding. At the conclusion of the Auction, all checks shall be returned to the participants (including the Purchaser’s check or an equal amount), except the check tendered by the successful bidder, which shall be retained by the trustee pursuant to the provisions set forth below. If the successful bidder’s final sale price exceeds $40,000, then the successful bidder must tender a cashier’s check for the difference between the final sale price and $40,000 ("Additional Funds") to the trustee prior to the final hearing. In the event that the successful bidder fails to deliver the Additional Funds prior to final hearing, the next highest bidder will be deemed the successful bidder and request shall be made to continue the hearing to enable the next highest bidder to re-tender its bid. The failure of the successful bidder to tender the Additional Funds shall result in the loss of all funds previously tendered to the trustee as liquidated damages.
WARNING: WMDA CLEARLY APPEARS TO BE A PUMP AND DUMP SCHEME- AVOID !!!
MiamiGent
Not too bad. I think we have a winner here with just a little attention which it is starting to get.
Been watching this one! How have you been?!?
Hey bud, you in this one too? I think we see a nice run on it
75% of that volume yesterday was above .0024 as well which is even better....
with 2 mill volume yesterday looks like the bandit is gone!
It should boogie on up once the 4's get knocked out
last trade .004 looking good today. last resistance area now
It will be like gold....just give it time
Ditto on the pennies. It moves nicely. I am still accumulating a good size position, so the pull back today is a good thing and I am sure others are wanting to do the same.
It will start to show up on more and more radars soon.
why am i here? thought this was a gold stock lmao
Well one thing I know for sure is that at points in time today it had really good bid support and was making for a nice run this could see pennies with a quickness..
That, I don't have a clue. Even more compelling, slapping the bid.
I recall talking to an old PFOB shareholder. He was one of the original folks who put the PFOB deal together. When we first started kicking the tires on PFOB, he noticed it was trading and he told me straight up, "I dumped some on the bid just to see what kind of support we had". All fact dude. These old shareholders see a stock trade in their portfolio that has not traded actively in 3 years, usually don't care and just want out.
You would think they would use a little more common sense.
So be it its just stupid to me if they wanted out why get out at those prices when they had the chance to do it much higher earlier
We have had this action on numerous occasions. I suspect it is someone from the old regime just wanting out. It could be someon who picked some up last week @ .001 that wants out. There was about 500k traded down there last week. A whopping $500.00
Wow nice job on the shake you Fing losers
Be patient folks. I am just beginning to make some calls and see what I can find out. Everything up to this point tells me the same thing PFOB told me a year ago. It is a shell and someone can own it.
If my DD is correct, the only thing in its way is the $1.2 million lawsuit that is now three years old. As of now, that creditor has nothing. Zero. Maybe, someone offer him something he will take it. Worse case scenario, he takes over the shell himself in exchange for the debt. We have seen that play out before.
Looks like the board is heavy on the techs but no information regarding the status of the shell since the revealing 8K. The IBOX
needs some attention. CHARLIE, looks like you are in the know. The company was bought by Sherwood Partners under an ABC style asset arrangement.
Sherwood would have contracted all rights to the assets, tangible and intangible. I would have to see the contract to know what was included specifically.
Do you know?
AIMO
Bama
Looks like it lost some bid support was .0039x.0040 now .0025x.0040
That could account for that one day it traded nearly 9 million.
Are you saying you believe there is an RM going to happen or you know there is an RM that is about to happen?
Stock traded by appointment only up until that big run. Now, it seems like it is doing it on a daily basis since that day.
Something up?
Didn't get enough shares myself when it was down there below .002.
Dang man WMDA is hot
.004 just hit...very thin
WMDA LOL looks like there are no shares left PPS is .0030 and bid has been raised from .0032 to now .0035 Ask still at .0040 fun to watch so far.
My info coment a merger in yet
The new T/A info would be awesome info to have...We could be looking at a super low floater here...thanks for all the info
i agree..and something else...
No, NOL that I could find. There was very little debt to even speak of in the filings. The company which was bizarre sold its assets to a third party. It was similar to a BK, but without the stigma of a BK. I believe for the sole purpose to avoid the 1.2 million lawsuit. JMO
They were not public very long at all.
DD this gentleman, James Lavelle. He was the founder of Cotelligent which was a Nasdaq company at one time and he sold that company and now it is a private company.
There were some debentures in the deal, however, they were excercised @ .07 to Mr. Lavelle. Around It appears he attempted to keep the company afloat himself.
Few others who financed the company and from what I can gather, they too were issued shares at much higher levels. One for around 3.3 million shars.
Total OS is only 42 million.
I did get a hold of the TA, Computer Share and they are no long the TA and have no record of a new TA or info forwarded to a new TA. Their last count was 42 million.
I have some more positive DD coming. I am getting some confirmation on it.
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[chart]stockcharts.com/c-sc/sc?s=WMDA&p=D&b=5&g=0&i=t44649991017&r=2588[/chart]
Las Vegas, Nevada – July 17, 2007 Watchit Media, Inc.(WMDA.PK) a leader in news,
information and entertainment for digital media platforms, today announced “Lunchtime
With Ira, Live from the Las Vegas Hilton,” a weekly television show that airs in Las
Vegas on Clark County Television (CCTV), Cox Cable Channel 4 and worldwide on
www.watchitvegas.com, has launched its “Vegas Summer Tour” series.
Watchit Media Signs Agreement With MediaZone
Oct 12, 2006
Watchit Media, Inc. a leader in the production and presentation of video content across a variety of consumer and commercial digital media platforms today announced the signing of an Agreement to license their exclusive Las Vegas lifestyle television programming to MediaZone, one of the largest Internet television portals in the world, with over 30 million subscribers. Through its wholly-owned subsidiary Watchit Entertainment, Inc. the Company will produce MediaZone's Las Vegas television network for world-wide viewing. The term of the Agreement is three years
WMDA (.0935) Watchit Signs Agreement With ChefLive
Market Wire "US Press Releases "
LAS VEGAS, NV -- (MARKET WIRE) -- 03/12/07 -- Watchit Media, Inc. (PINKSHEETS: WMDA), a leader in the production and presentation of digital media, today announced it has signed an agreement to license content from Las Vegas-based ChefLive for presentation on its Internet broadcast, digital interactive cable television and private television networks. The agreement calls for ChefLive to provide Watchit with video content presenting the finest Las Vegas chefs and visiting chefs from around the world preparing their favorite dishes. The agreement is for a term of three years.
SHARE STRUCTURE
Outstanding Shares
42,714,844 as of Nov 6, 2007
Watchit Media
7548 West Sahara, Suite 102
Las Vegas, Nevada 89117
info@watchitmedia.com
Phone: 702 740-1700
Toll Free: 877-4-WATCHIT
Fax: 702 736-9253
Marketing Manager
Ph. 702.740.1719
WatchIt Technologies intends to continue its timely filings in order to be returned to the OTC:BB status by the end of 2007," stated Frank Moody, CEO of WatchIt Technologies, Inc.
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