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Wick,
There is no other reason for them to rush the filing of the shares. It is not for a major deal, so you do the math.
History shows that they sell into rallies. Look back on the past charts, filings and volume patterns.
Wick, you of all people know this. In fact, I can post your private e-mails about it if you wish. (and many others too). So let's maintain some class and take this discussion off the board.
What are we even discussing? We will rally anyway.
Wick, my 70% position will have to do. The rest will be made flipping based on TA.
We will advance, just not as far as people think. But at least now they know why.
The 25 billion will be immediately tapped into.
But tomorrow will obviously be green either way.
Wick, I told you about most of the things that have come true. Shocked that you are trying to play this high horse game.
You privately tell people news is coming every other day. And most 'rumors' start with you. So do not play this game.
Let's end this now and focus on the company and making money.
The time is now to do so.
It will have a nice Green Day tomorrow. Any questions? So enjoy it.
I and many others will be flipping it quite often. Watch the volume.
This is what we have all been waiting for. So make some money.
See you tomorrow. No need to reply.
The company selling shares for cash. And John and Chip are the company.
No reason to discuss it. Ignorance is bliss. Just do not scratch your head when a ceiling is hit hard with shares.
We will have a nice green day tomorrow.
Anasta,
They will not sell the insider shares as of now because it would not look good.
It would come from the new A/S and used to produce cash for the company.
We will not know until a quarterly filing. But it will be quite obvious should a substantial ceiling be placed on any advance.
8-K
A report of unscheduled material events or corporate changes at a company that could be of importance to the shareholders or the SEC.
Notes:
Examples of events reported on an 8-K include acquisition, bankruptcy, resignation of directors, or a change in the fiscal year. Also known as Form 8k.
Hope this helps. Have fun this week !
matchboxsc, per the PM, the 8k could come as early as tomorrow. Monday will see a nice rally on the CC news regardless, but not as high as previously expected if gzfx decides to sell some shares to market.
The website and AAFES or equivalent news could really move gzfx near term.
Again, the ball is in their court. But John cannot complain about 'flippers' should he decide to sell into the rally (again).
John and Chip are the ultimate 'flippers'. The only difference is that they get the shares for free.
Good point, Olico. Many still have GZFX on the radar and will buy at the open.
The best part will be when more news hits soon.
AAFES is the giant deal. Website will help some too.
John Gyver, I cannot reply to PM's but hope I addressed the question.
What am I being bashed for this time? Called the 10K, billions more shares and Circuit City to be a go. All came true. This is why I operate with e-mails to those that ask.
The public posts make little sense when someone gets bashed for stepping out against popular opinion. And when it all plays out as discussed, I get bashed too.
I e-mail those that request information. I buy and sell all the time along with many others, so posting each buy and sell here is really not appealing to the masses. It clutters the board and defeats the purpose of intelligent discussion.
Those that I e-mail are savvy enough to make their own decisions.
Will have a full position at the open tomorrow.
Have a nice evening.
I did not even post Friday. Check the dates. Those that correspond via e-mail know that I bought some back Friday. And never said to sell all shares to anyone.
And people make their own decisions, this is a discussion board.
Please keep the posts about GZFX. This is important news.
Show me a post where I got out Friday ??
Sure, I do not have as many shares as before. But 70% of a full position is better than nothing. I do not claim to have a full position per my posts. But my 70% position is not chump change either.
The buying can only help the price to go up. So be glad that I am not all in yet.
I call a spade a spade. The company did not expect the share count to be discovered until after CC news. (per many of my posts). In fact, I told you that CC was a go and is next.
Really not sure your point? The posts state that CC is a go and on the way. Just disappointed about the 25 billion also coming out. And had to preserve some capital because that too will hit any day.
This is in the past. We can only move forward. Make alot of money. This is certainly the time to do so.
Do not clutter the board replying to this. Focus on the stock.
The share increase has Nothing to do with CC.
It has to do with my past posts. Read them before replying.
Investwize, All I did was tell people that CC was a go and that shares were coming in the Billions. We just did not know the order.
All that read the posts understand that the timing was always the concern. It came in reverse order.
Have a nice evening.
bige2533,
They had limited shares left from the 4 billion-3.2 billion to dilute this QTR. So it will come strong following the filing to 25 billion, imo.
Another example I got hammered for posting.
Posted by: big_money_insiders
In reply to: simba1 who wrote msg# 119945 Date:3/21/2006 11:54:38 AM
Post #of 122873
I have been talking about the share increase for several weeks. Read the past posts before replying.
So it all comes down to timing on the press releases.
Major retail news must come first.
It will be more clear to people in the Quarterly. You will see the cash spent on e-golf-garbage, VOD, retainer fees and advisory fees, imo. Then add in new cash needed from selling shares and Golden Gate. Then subtract the current A/S's. It is very clear they need more A/S's to cover the GG conversion schedule as presented in the filing.
This is mandated by the SEC. You cannot have less A/S's than Outstanding. And GG sells right away because they can only hold 9.9% at a time. Plus they immediately are 18% in the money
Look at the date. ( all while I was 100 percent in ) Does not get any more unbiased than this,
Posted by: big_money_insiders
In reply to: legalegaltx who wrote msg# 120001 Date:3/21/2006 12:30:40 PM
Post #of 122867
legal, (even WICK and others know the increase is coming-I do not stand alone here. It is a given for many reasons, imo) Nobody wants to address it for fear of scaring off new money)
Most people are gambling on whether or not the CC deal is a go and not factoring in the Authorized Share increase that is coming.
Scenario:
If CC for some reason is not a go. We head towards .002, imo and then lower because they will need to Immediately ask for more shares per the conversion schedule cushion that is needed for the 8 Billion plus shares for GG. The SEC mandates the cushion. There are several billion more shares than the last time we hit .002's. So makes sense to hit that number again IF no major retail deal.
So much more at stake here than the CC deal. It saves us for now. And perception would be positive if they could get it.
CC does not halp much in 2006 with sub count and that is the issue. In fact, GZFX is further in the hole financially with CC. GZFX pays them $ 30.00 per sub plus marketing fees. So a subscriber must stick around and not churn to get anything to GZFX.
The bottom line is that even with CC, more cash will be needed for other deals because we are way off from breakeven. Chip and John keep extending the projected date. And this optimistic calculation includes getting CC, imo. Imagine without CC.
Just hope they do not come down from the CC site.
News is needed.
Mike, I do not ever praise the company. Those that have read all the posts know the deal.
People know I was here for the news. Even went as far to say that it must be released in the correct order. It was not.
In fact many articles have been posted about managements shady past.
Sorry you held through the 10K and now the filing leak. It will be tough now to get back up where you purchased. Pumping on I-HUB certainly will not get it up.
Intelligent discussion on both sides regardless of holdings is the purpose here.
Some appreciated knowing the 10K and billions more Authorized Shares were coming.
Guess I will not post it moving forward. My posts before the event were bashed and then the news came right away. So you decide for yourselves moving forward.
Not worth the negative energy to post publicly because it is bashed even after coming true?? And more than two major events.
Have a nice day Mike, all and Good Luck.
Worse because they have been preaching that it is go time for the shareholders. Unacceptable and sloppy with the timing.
But that commercial was absolutely awful. And they built it all up. They still show the commercial on their site ! It cost a maximum of $ 300.
Penny companies Always tell you the A/S are for major acquisitions and will be used only if necessary.
They will be used to sell shares on the market and some minor acquisitions, imo. You see, they doubled what would have been asked for to account for a Reverse Split in the future and also GG conversions for more funding.
John and Chip like the ATM. 2 billion shares hit last Quarter alone. And you will see how many more in the Quarterly ahead. Next Quarter will be the worst as GG and GZFX will have Billions more to dump on us.
Yes, it makes sense to get the pps higher. But they dropped the ball yet again allowing the Nevada deal of 25 Billion shares to leak before CC, website, etc. news.
Now the advance will be hindered from where it should have gone.
25 Billion is alot to work with. They will dump shares on any advance,imo and then claim they have a ton of "cash" again. But shareholders have been hurt with the poor timing yet again.
Sort through the BS, it is too many shares. Yes, we may go higher but not as high. And it will be met now with more selling and flippers. Thanks JF.
Now CC and website will come but the timing is off. We have been discussing this for months. All about the timing and business sense to truly sustain any move.
It will be tough for many to sleep at night not knowing if they will wake up to the SEC filing of 25 Billion shares.
Sure, the company may make it, but the original shareholders who built and believed in the company get burned on the Inevitable Reverse Split ahead. And nobody wants to hold when that day comes.
unknown_factor, you have a point. But I did see the 25 Billion shares information posted on multiple GZFX forums and across investment groups of various categories.
You are also correct in assuming another selloff when it hits as an SEC filing. This presents a new risk to holding now.
Without CC news tomorrow, those that saw the 25 Billion shares tonight will also sell tomorrow. So hope for news if you are holding.
You are correct, we will move up on the CC news and website near term. How far is the question. And we will fall hard on the Quarterly. (not pretty at all, imo),
The bottom line is that the pop will be much less. And the problem lies in knowing 25 Billion shares will hit with an SEC filing soon.
Most will now look to exit on any pop instead of holding, thus hindering where we could have advanced to.
Hey JF. You created more "flippers" today than ever. People do not trust you.
You see, JF and Chip can Reverse Split and then use the 25 Billion total to pull from as it settles back down. They plan to sell shares for more company cash on the R/S, imo.
GZFX shareholders were not considered with the early Nevada filing.
At the very least, the CC news and promised site should have hit first. Our nightmare about the timing has come true.
Traders and investors will now think twice about holding shares of GZFX for fear of the SEC filing hitting.
And GZFX will also selloff (like last time) when the Quarterly hits. They spend too much money And sell shares to market for cash.
Everybody holding is looking to cash in on a pop over a penny now. All, imo.
Those that have read all my posts know the truth.
What a day. Figures I was away from the office on a flight. Lost alot of money today because of the timing issue that we have been discussing. Serves me right for thinking they had the PR timing under control.
A few thoughts:
- Just like the 10K, I told you the share count would be increased. Funny, I got hate mail and bashed for both predictions. In fact, 10 billion somehow turned into 25 billion!
Actually, Should have listened to myself this time. Truly thought management would not be this ridiculous to file that before the news hits. Well, it is what it is.
- John and Chip did not expect for people to see the Nevada filing yet. Positive news was to come first. So much for that.
- This places a serious ceiling to whatever retail deal is announced.
- The 25 billion will be used for many things including but not limited to: acquisitions, GG conversions, and mainly a cushion for the Reverse Split that is coming. Also a cushion for financing as they will need to tap into more. The conversion schedule is not as cut and dry as some think. Billions need to be held in the case GG needs them.
- Do not believe management when they tell you the shares will not be used.
- The shares are NOT for a major deal at this time. Some may be used for a partial deal but nothing major with the shares.
- This all points to the lack of business savvy by GZFX management. They thought the Nevada filing would slip under the radar for now. John is angry that it was discovered. They will rush to get out some news now near term.
When the filing for 25 Billion Shares hits the SEC and filing, investors will run even further away. The Quarterly will also experience a selloff. All imo.
legal, wick, beacon, thoughts on when this will hit as official ?
This will be horrible when it hits the wire.
Boarding a flight. Murphy's Law.
Then they will announce a deal. Have to protect the principal.
The site looks legit so cannot risk it, imo.
The worst kind of timing all around.
Where is the news on this? In an airport and not sure what is happening here? New of the share increase but not the timing. Where is the news ?
Timing is everything. Travelling and just saw this. Very angry and will not post until later. Really thought they were intelligent enough to post the good first. Blindsided by the timing.
There will be limited selling (low volume MM range trading) until we receive news. Those that hold shares are not selling at this time. A few on the fence folded yesterday. But why fold here if you sustained the 10K and other drops already. The price has held even with over a month of nothing positive.
It is nearly impossible to flip at this point until we get news. The volume is not high enough to make any money. MM's can take it up or down quickly on any large orders.
Imagine when positive news hits the wire. So many eyes are on GZFX that it will explode with over 500 million shares and a frenzy of buying on any news, imo. We just need the first positive release to kick off the wave of possible deals. Timing is so important right now.
The river boat gamblers know it is go time for GZFX. Odds are that they will deliver something positive with so much on the table.
The next few days could be very good for GZFX. Watch the volume and look for news, imo. My position will be 100%. No need to reply. This is for those that ask me to state the current position. All others can ignore.
Per yesterday, I get numerous PM's each day that ask for neutral opinions on GZFX. Answering publicly is the only way, unless an e-mail address is PM'ed to me. Message boards do not control the price. GG and MM's control the price until substantial news hits.
And I always give the opinion that I think news is coming but do not like how the company is run. None of the opinions have anything to do with how many shares I have at the time. I am here for the news ahead and GZFX run, imo.
People that know me understand that I will answer the same regarding the company if asked. The trading answers depend on the day. And I Always hold a core position in the case news hits the wire. But I am not afraid to tell it like it is even when I have a substantial position. Most people appreciate this.
Nothing will be sugarcoated. You will get the opinion that often paints a picture on both sides of the fence. Then people reply and I reply. But the initial comments begin from the numerous PM's I get asking an opinion.
Some people appreciate a straight shooter. Taking the blinders allows for an educated decision. Know both sides of the deal when your money is at stake. A post on a board does little.
Yesterday had all to do with DVDAvenue cancellation news hitting the wire and then boards all at once. It is behind us and we move up, imo. It is much better to Not have that poor deal. Better all around.
GZFX should quit complaining and step up with some news. I think that they will.
No need to reply unless you read all my posts.
Agreed. If Circuit City was even close to being announced, it would have come with this PR.
So we know it is not coming today for sure.
And it is not heading up (outside of the normal daily range) until we get it, imo.
See you tomorrow.
Rebtevyah, PM your e-mail address. Thank you.
legal, (even WICK and others know the increase is coming-I do not stand alone here. It is a given for many reasons, imo) Nobody wants to address it for fear of scaring off new money)
Most people are gambling on whether or not the CC deal is a go and not factoring in the Authorized Share increase that is coming.
Scenario:
If CC for some reason is not a go. We head towards .002, imo and then lower because they will need to Immediately ask for more shares per the conversion schedule cushion that is needed for the 8 Billion plus shares for GG. The SEC mandates the cushion. There are several billion more shares than the last time we hit .002's. So makes sense to hit that number again IF no major retail deal.
So much more at stake here than the CC deal. It saves us for now. And perception would be positive if they could get it.
CC does not halp much in 2006 with sub count and that is the issue. In fact, GZFX is further in the hole financially with CC. GZFX pays them $ 30.00 per sub plus marketing fees. So a subscriber must stick around and not churn to get anything to GZFX.
The bottom line is that even with CC, more cash will be needed for other deals because we are way off from breakeven. Chip and John keep extending the projected date. And this optimistic calculation includes getting CC, imo. Imagine without CC.
Just hope they do not come down from the CC site.
News is needed.
legal, Because we are all gambling on which news comes first.
Some asked me for an opinion on the A/S issue. It is difficult to understand at times for sure. And most people only browse 10K and Q's. Nothing in the filing paints a rosy picture, that is for sure.
The fact that GZFX has no fundamental value whatsoever without a major retail partnership is clear.
Agent the 6 Billion new shares may go up or down, not the already 4 billion. That is going up until they Reverse Split.
All in the filings.
We need positive retail news yesterday.
DonsHub, I will answer because you asked. Bottom line is we need major news before this happens.
They (GZFX) sold 6 million dollars worth at this level and below for cash. The lower the price, the more shares.
Get it ?? They can just print more shares to bring in the same amount of cash. All the while getting their 200 thousand dollar salaries with "consulting fees" and more stock.
They then Authorized half a billion more for insiders. They will sell at any level to get cash for operations.
Pick your poison. Shares to market by GZFX or Golden Gate conversion schedule below.
* GZFX MUST have enough A/S's to cover the conversion schedule if executed.
g) Adjustable Conversion Price Feature of Debentures Could Require the Issuance of Greater Number of Shares.
The Company's obligation to issue shares upon conversion of the convertible debentures to Golden Gate Investors, Inc. (see Liquidity and Capital Resources, below) is essentially limitless. The following is an example of the amount of shares of GameZnFlix common stock that are issuable upon conversion of the convertible debentures (excluding accrued interest), based on market prices 25%, 50% and 75% below the market price as of November 10, 2005 of approximately $0.01:
Number % of
% Below Price Per With Discount of Shares Outstanding
Market Share at 18% Issuable Stock
25% $0.0075 $0.0060 2,735,000,000 73.90%
50% $0.0050 $0.0040 4,110,000,000 80.97%
75% $0.0025 $0.0020 8,235,000,000 89.50%
As illustrated, the number of shares of common stock issuable upon conversion of the convertible debentures will increase if the market price of the stock declines, which will cause dilution to the existing stockholders.
(h) Adjustable Conversion Price Feature of Debentures May Encourage Short Sales.
The convertible debentures issued to Golden Gate Investors, Inc. are convertible into shares of Company common stock at an 18% discount to the trading price of the common stock prior to the conversion. The significant downward pressure on the price of the common stock as the selling stockholder converts and sells material amounts of common stock could encourage short sales by investors. This could place further downward pressure on the price of the common stock. The selling stockholder could sell common stock into the market in anticipation of covering the short sale by converting their securities, which could cause the further downward pressure on the stock price. In addition, not only the sale of shares issued upon conversion or exercise of debentures, warrants and options, but also the mere perception that these sales could occur, may adversely affect the market price of the common stock.
(i) Issuance of Shares upon Conversion of Debentures and Exercise of Warrants.
The issuance of shares upon conversion of the convertible debentures issued to Golden Gate Investors, Inc. and exercise of warrants may result in substantial dilution to the interests of other stockholders since the selling stockholder may ultimately convert and sell the full amount issuable on conversion. Although the selling stockholder may not convert their convertible debentures and/or exercise its warrants if such conversion or exercise would cause them to own more than 9.9% of Company outstanding common stock, this restriction does not prevent the selling stockholder from converting and/or exercising some of its holdings and then converting the rest of its holdings. In this way, the selling stockholder could sell more than this limit while never holding more than this limit. There is no upper limit on the number of shares that may be issued which may have the effect of further diluting the proportionate equity interest and voting power of holders of the common stock.
(j) If Stock Price Declines, the Company May Be Required to File A Subsequent Registration.
I have been talking about the share increase for several weeks. Read the past posts before replying.
So it all comes down to timing on the press releases.
Major retail news must come first.
It will be more clear to people in the Quarterly. You will see the cash spent on e-golf-garbage, VOD, retainer fees and advisory fees, imo. Then add in new cash needed from selling shares and Golden Gate. Then subtract the current A/S's. It is very clear they need more A/S's to cover the GG conversion schedule as presented in the filing.
This is mandated by the SEC. You cannot have less A/S's than Outstanding. And GG sells right away because they can only hold 9.9% at a time. Plus they immediately are 18% in the money.
6 billion more Authorized is nothing to them. They added 2 billion last quarter along with half a billion for insider deals. All in just 1 quarter.
To avoid having to ask numerous times, it will be another 6 Billion, imo.
Now, management will tell you that it is only for "deals". But they said that when the share count was 200 million. And it is now quickly 4 Billion.
Just telling you it is coming, take from it what you will. The number could go up or down, but it is coming, imo.
Agreed. Never could understand why people did not agree with me when I presented this on the front end.
Management saw it as a new DC and employees for GZFX with the deal. It would make more sense if the company did not focus on Adult movies. That is the x-factor. Not many titles or subs would come to GZFX. So better off without the deal for sure. But the news certainly does not help us with the price.
Agent, multiple reasons why the A/S's will soon be many Billions. Start with the filing and then factor in expenses for a start.
The Authorized Shares will be over 10 billion soon, imo. Let's just leave it at that.
I am referring to how the market will reflect a deal being taken off the table regardless.
Hey, I said it was a terrible deal from the beginning. They way it all transpired is the issue.
The deal itself was never good.
Speculative stocks move on news. It moved up 10% on the DVD Avenue news and naturally would not also move up if cancelled.
Olico, traders adjust to major news. Go back and read my recent posts on the issue.
Protect principal before getting greedy.
Tell me Olico, how is this good news ? You are smarter than this to hold shares into a selloff.
But you trust GZFX management to sign a deal with "porn peddlers" ?
Let's all be realistic here.
No major retail news SOON and trouble is coming. GZFX has limited fundamental value.
And CC is only good for perception in 2006. Very limited subs have come from CC so far.
Flippers keep the price up. Not enough "investors" to buy up the 4 Billion shares with the current business plan.
More shares are coming soon, imo. And it will push us over 10 Billion, imho. Check the filings and the conversion schedule before replying.
This is why the time, money and decisions are so critical now.
Sure, NYSE companies can back out of deals. But they actually generate revenue from a business. Not selling shares for cash along with Private Toxic financing.
A deal needs to come before the A/S increase. This price needs to boost up much higher to avoid the higher conversion. Plus GZFX continues to sell shares on the open market for cash, imo.
2 billion shares hit last quarter alone. And with e-golf ads, VOD, DS, $ 30 per sub to CC and high salaries, more shares and cash are needed very soon, imo.