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Patience is bitter, but its fruits are sweet. ( a little wisdom as we wait for msgi to provide us loyal and faithful shareholders with a company to be proud of ) my opinion
dilution is never good but at 45million its not a bad thing for services rendered which will help preserve any funding on its way. they are now going to from my understanding have aquality investor relations firm which too me was lacking and thats a good thing management is putting in their own money another good sign....... as a shareholder i dont see fraud here i see a team of guys trying to put together a large operation and i for one understand if things take a little longer but by no means have thyey ever defrauded us all things seem real NASA confirmed it! thats the bottom line the deal is real. so now the funding a little longer ok no big deal.... ok 45million o/s so what compnaies on ihub have billions and people love it...... im not telling anyone to buy just here to get facts! fact management built companies form 0 to 1billion plus and mamagement are highly educated and NASA is working with MSGI all facts.
Thanks for trying to save me but im rolling the dice.
I BELIEVE. but if you dont then move on. we all no
about the 10q its the possiblities and they are great.
cautionupahead a no a good mutual fund make 5% a year
if you want safe your right this is not safe but if funding
gets done contracts get done partnership gets done and jeremey
and his team can do what that did years ago a 100% market share and a company over 1billion then 45million will put this stock over $10 a share who knows thats the risk vs reward. i like the odds
also check out www.nasatechnologies.com
also looks as we are going to be getting a Investor Relations Firms. to me that means more frequent press releases. good things looks like its comming.
i agree i cuaght that too officers are putting in their own money, and debt holders are not going after the default they must know this is going to be a Winner. my money is on MSGI & NASA !
The issuance of shares is not bad for services they are getting!
I take this as a positive.
During the period ended September 30, 2009, the Company entered into several business development, investor relations and consulting and advisory agreements with separate service providers. Under the terms of these agreements, the Company has committed to issue shares of common stock in lieu of cash in consideration for the valuable services provided and to be provided by these individual firms. As of the date of this filing, the Company has issued approximately 5.8 million shares of common stock in lieu of various categories of cash compensation for services rendered and to be rendered by the firms. Such services include, but are not be limited to, investor relations, identification of potential providers of equity or hybrid financing, the identification of strategic or joint-venture and licensing partners, the identification of merger and/or acquisition candidates, the provision of general business advice, the overview of governmental procurement programs, the preparation of disclosure, marketing and promotional materials.
I'll pass. im not into battle massage boards with what goes on. Just looking for facts to share and get shared on msgi.
Im going all in with MSGI i must admit i believe in management
not saying mistakes were not made but gut tells me im right hope im right. just my opinion on all i read
also note the late filing was reported by
Richard Mitchell III
Chief Accounting Officer
Mr. Mitchell has been the Company's Chief Accounting Officer since December 2003. Mr. Mitchell has been with the Company since May of 1999, when the former CMG Direct Corp. was acquired from CMGi, Inc. Mr. Mitchell has since served in a variety of positions for MSGI, including VP, Finance and Controller of CMG Direct Corp., VP, Finance for MKTG Services, Inc. and Senior V.P. and General Manager of MKTG Services Boston, Inc. Prior to joining the MSGI team, Mr. Mitchell served as a senior financial consultant to CMGi. During his tenure with CMGi, he participated on the Lycos IPO team, assisting in preparing Lycos for it's highly successful initial offering in April 1996. As a consultant to CMGi, Mr. Mitchell was also involved in corporate accounting and finance, including involvement in the formation of companies such as Navisite and Engage Technologies. In addition, Mr. Mitchell participated in the mergers and acquisition team of SalesLink, a wholly owned subsidiary of CMGi, where he assisted in the post-acquisition financial reporting systems migration and financial management of Pacific Link, a fulfillment operation located in Newark, CA. Mr. Mitchell performed a variety of financial management and accounting functions for Wheelabrator Technologies Inc., a $1.5 billion environmental services company, from 1987 through 1994. Those responsibilities included Northeast Regional Controller for the Wheelabrator Clean Water Corp. division, Corporate Director of Internal Audit and Corporate Accounting Manager. Mr. Mitchell graduated from the University of Lowell, Lowell, Massachusetts with a Bachelor of Science degree in Accounting and a minor in Management Information Systems.
also concern about E is nonsense http://phx.corporate-ir.net/phoenix.zhtml?c=63621&p=irol-sec they filed a late submission form 11/16/2009
well ill agree but instead of bailing or waiting on sidelines. all investors should try to help. the funding is not alot of money. i just dont get these wall street firms thier greedy deals for duluition is counter productive. but i maybe wishefull thinking. jermey been with msgi in the good years and now at the bottom again i give the guy credit. and his team has the ability to run billion dollar companies with connections worldwide so my bet his he will come thru. remember he got a NASA deal done very quick. just my opinion but i say msgi will be the stock of 2010
i dont think a chart is applicable here. this stock moves on a dime. i believe once funding is announced we fly once contracts and partnerships kick in 2010 is going to be a very profitable year for me. just my opinnion!
I've spoke and emailed also. and he stated their will not be a major duluition and that MSGI will suceed and funding will be done soon of course its his opinion. all i have to say is im in and happy to be an early investor with alot of cheap shares. Im amazed thou of the crap ihub posters are buying with other companies stock! but yet MSGI is not worth the gamble. its comical to me.
what makes u think / assume that?
Most pennies have crap load of shres This is not bad:
Share Structure
39M O/S
100M A/S
Float 28m
10 million shares is not alot when compared to potential revenue.
and the rest is .25 conversion. bottom line is i dont see major duluition and in my opinion financing is announced it should get the ball rolling. of course look at aig anything can happen but as far as a good gamble and bet Im in i will not get shaken out unless their is some real duluition and prospects diminish with JV NASA technologies
fivestar u did a good pump few days of postive pumps! just for the record im not a trader I invest into situations that can yield great rewards. my opinion MSGI is my pick.
im all in, i got patience and faith that they didnt just get into a jv with nasa to go away
As of June 30, 2009, the Company has the following debt commitments outstanding:
Callable Secured Convertible Note financing
8% Notes
On August 22, 2008, the Company entered into a Securities Exchange Agreement with Enable Growth Partners, an existing institutional investor of MSGI. In connection with that Agreement, MSGI entered into an 8% convertible note in the aggregate principal amount of $4,000,000 (the 8% Notes).
The 8% Notes have a maturity date of May 21, 2010 and accrue interest at a rate of 8% per annum. Per the terms of the Notes, interest is due on a quarterly basis, beginning on October 1, 2008. The investors can convert the principal amount of the 8% Notes into common stock of the Company, provided certain conditions are met, and each conversion is subject to certain volume limitations. The conversion price of the 8% Notes is currently at $0.25.
8% Debentures
On May 21, 2007, MSGI entered into a private placement with several institutional investors and issued 8% convertible debentures in the aggregate principal amount of $5,000,000 (the 8% Debentures), of which $4,000,000 is currently outstanding with the remaining principal balance having been converted into shares of common stock during fiscal 2008. There were no conversions during the year ended June 30, 2009.
The 8% Debentures have a maturity date of May 21, 2010 and accrue interest at a rate of 8% per annum. Payments of principal and interest under the Debentures are not due until the maturity date. The investors can convert the principal amount of the 8% Debentures into common stock of the Company, provided certain conditions are met, and each conversion is subject to certain volume limitations. The conversion price of the 8% Debentures is currently at $0.25.
In connection with this debt, the note holders have warrants for the purchase of up to 7,142,852 shares of common stock, exercisable over a five-year period at an exercise price of $0.50. These warrants can be exchanged by the holder for shares of common stock of the Company per the Warrant Exchange Agreement dated March 16, 2009. The shares will be issued to the holders of the exchanged warrants over time.
On March 16, 2009, the Company entered into three convertible promissory notes with Enable which provided the Company with gross proceeds of $250,000. The notes bear interest at a rate of 10% annually and are convertible into shares of common stock of the Company at a conversion rate of $0.25 per share. As an incentive for Enable to issue these convertible promissory notes, the Company and Enable entered into a certain warrant exchange agreement whereby Enable has been granted the right to exchange all warrants held from previous transactions into 10,000,000 shares of common stock of the Company. The original warrants carry exercise prices ranging from $0.50 to $2.50 and represent a total of 14,642,852 shares available to purchase.
http://finance.yahoo.com/q/sec?s=MSGI.OB
Alot of speculators in this stock loosing patience, but i believe in the future of MSGI given the NASA technologies.
Unless i can get facts otherwise, Buy low Sell High!
They cannot convert at .03 read the sec filings it converted at .25
anything on their call last night?
when does anyone expect more news out of MSGI ? heavy volumn. today but limited move up ?
Hey TerriF hate to bust your bubble but i called Current Technology Corporation, and can be reached at http://www.celevoke.com or 936-334-1800 and the gentleman says CELEVOKE is OUT OF BUSINESS now what?
has anyone spoke to management about updates
No, but thanks for that clarification.
any comments on ''the business offices for
Hyundai Syscomm, Inc., Apro Media Corp., Hirsch Capital Corporation, and Hyundai RFMon have closed within the last 60 days. ''
Fivestar that is some good information, the fuel for stock appreciation is all in MSGI favour going to be one hell of 2010.
In my opionion. But any bets on a settlement? I cant see theses guys not trying to settle
Hope this in on topic! since NASA is providing the technology just look at some of the technology comming out of NASA! this is who MSGI is getting technology from!!!!!!!!
http://news.yahoo.com/s/space/20091105/sc_space/devicelikestartrekreplicatormightflyonspacestation
Space explorers have yet to get their hands on the replicator of "Star Trek" to create anything they might require. But NASA has developed a technology that could enable lunar colonists to carry out on-site manufacturing on the moon, or allow future astronauts to create critical spare parts during the long trip to Mars.
im not posting anymore its useless as all information speaks for itself & time will bring in real investors and share price support.
must say something they may believe msgi can come up with the money or something is cooking my opinion
but i'll be happy if i can fill more shares at .01 in the mean time
for multiple billion dollar products htting market early next year based on NASA technology a share structure of:
Share Structure
39M O/S
100M A/S
Float 28m
Is NOT bad. based on lawsuit in our favour! possible early licensing agreements! funding which the company has not elaborated on for reasons unkown! but im sure this is no scam! as an investment with great possibilities this is as good as it gets in my opinion! i'll just accumulate and be happy! the whole company is valued at around $1.9 million im sure now that we have agreements with nasa technologies their value in that . yes we have debt but im sure in my opinion the company is working on it FYI: the holders already passed on converting what does that say?????????????
i do believe too it was the itial day trading news letters that powered it higher and the shares bring this down is not heavy volumn. lack of bid support with selling from those day trading news letter my opinion as doesnt seem company is selling
getting close to my .01 grabem while i can price point! my opinion what can i say i like the company, management and future of this company. remember the masses are asses and the majority are always wrong we shall see !!!!!!!!! my opinion
i believe the company will prosper and from my understanding 1q of 2010 1st product will hit market but by then im sure much more news will hit wires. so i believe that this month and next month will be very voltaile and interesting. i for one am buying got my bid in .01 may raise it but heck they want to sell ill buy im not in it for a quick flip!
The debt on the books is under 10 million am i correct? the holders of debt already waived conversion once am i correct? am i correct in saying even conversion cannot go above 100 million a/s am i correct. i dont see the debt holders killing this my opinion i am in taking my gamble here! the possiblity far out weighs the risk! we know the risk its the upside we dont know $1 / $2 / $3 / $4 this stock and situation has the chances to work out!!!!!!!!!!!!