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You can't get that info, and you know why? It's because the DVD and VOD market are the most lucrative, and it's an industry "secret" what those numbers are. Bodes well for us. Google it, you'll see what I mean. But you already knew that, right?
That's a bad position to be in, having the IRS on your back. I'd sell whatever I needed to to make them go away. We'll be just fine here. Things often change in an instant, and TDGI is no different.
It will be interesting to see what news they have stockpiled. I think TDGI has become the "show me" stock. Once they show the goods, this will be a nice investment. Until then, we wait patiently.
Some of us have been doing just that for 9+ months. Except for one seller today, we wouldn't have any movement one way or the other. All are just waiting for the news we know is coming.
TDGI on sale again today. Say what you will, but you KNOW this is extremely undervalued here. There is a concerted effort to bring this under .02. I'm still here, and I have a stipend for days just like this to snag some undervalued shares.
All the negative posts are really helping me out. Thanks, and you know who you are:)
I'm referring to previous short squeezes not only known by the common investors here in these FLDs, but also ones you can Google and read about.
You're right, there's not too much more to think about. As history has taught us, these things take time and are not pretty. GRNO's share structure is perfect for this. The lower they bring it down, the more pain they're inflicting upon themselves in the long run. This company has a 6.2 million market cap. It's a no brainer and just a matter of time.
If we're not at the bottom, we're very close. The chart is meant to make things look bleak. This thing can rocket up just as fast as it rocketed down. I like the accum/dist. line. It tells the story here.
Have you truly lost faith in the FLD? You know these things take time. The financials will come out, and they are a means to an end here. It's a forcing of the hand. But even without the financials, we know that there is a significant short position here with lots of failures to deliver that ultimately will have to be dealt with. As to your comment "the street is in control" -- I would say appearances are just that. We're fooling ourselves if we don't think that people with a financial interest in a security on the wrong side of a trade won't do anything and everything to create commotion, confusion and ultimately investor fatigue. I would suggest that us shareholders collectively holding more than the float are in ultimate control, not the street. But that's just how I see it I suppose:)
But to each his own, and I wish you the best of luck.
Again, you're using a tactic that won't work and you're arguing an irrelevant point. This company and this investment is all about locking the float. The TA isn't gagged, no dilution occurring, and you want to argue financials about a pink sheet company. We know significantly more than the float is owned as is proven by the RegSHO flag. We know financials are in the works. When they hit and transparency occurs, that RegSHO will cause some serious problems for those on the short side. The financials and transparency are icing on the cake but are also the means to the end.
You're making this too easy. Is this amateur hour?
Confirmed, TMJ. As people say often here, you can't believe everything you read:)
Thanks, I appreciate it. I've been a long time FLD team player, and I've bought into them and don't pay attention to all the noise usually. But as EIGH is progressing, the flat out lies and manipulation are ramping up and I wanted to jump in and give my two cents. Amazing what nonsense gets posted about these FLDs. Never seen anything like it.
Best,
Jeff
You should really do your own due diligence here and not rely on an internet message board for your info. I've done mine, and I know that this issue is irrelevant and moot. You'd better check your "sources" to verify or deny the Facebook post. I've checked mine and I know the answer.
Remember, what holds true in life holds true with these FLDs: Nothing is what it seems. There is a nice "picture" being painted on all the FLDs to make them "appear" that they aren't doing well. In reality, the contrary is true. There will be a day of reckoning whether you like it or not. Just because you say it is so doesn't make it so. There is one absolute truth here, and you my friend aren't speaking it. Next?
Me too, and I keep buying more too!
I use ETrade Pro, and when I buy a stock, it shows up as "Margin" until it settles. I called Etrade when I first switched over to a margin account because all my buys were showing up as margin, and I never buy on margin. They assured me that it's standard in a margin account for the stock to show up as margin until it settles. So with that info, when I buy a stock, in ETrade Pro I can see that my stock is categorized as "margin" in my account settings. Usually after 3 days the "margin" status turns to "cash" status. With GRNO, the last two times it has taken 7 business days and 10 business days respectively to go from "margin" status to "cash" status. That's nearly two weeks to settle - and no holidays in there. Never seen a delay that long, ever. And I've bought the crappiest of the crappy penny stocks with shady share structures in the past. Even they settled in 3 days.
Not sure what it all means, I'm just sayin....
I've been watching the trading and settling on all the FLDs as I've bought, and this one acts the weirdest for some reason. Aside from the "obligatory" down tick every time I've bought on the ask, the settlement on this one is by far the longest of them all. It must take time to make it appear they actually have the shares to settle:)
Market Makers just keep digging the hole deeper here. I bought some GRNO two weeks ago, to add to my stash, and Etrade took nearly 10 business days to close the trade out. I have a margin account (but only buy what I have in cash), and when I buy it stays on margin until the settlement which is always 3 days. With nearly every buy I've made in GRNO since the float's been locked, they have taken significantly longer than 3 days to settle my buy. Very telling.
Why don't you pick up the phone and make the calls? Most here are content waiting to find out from the company itself. Seems you are the only one who wants to know. Also, you guys are the first to rail against positive Facebook posts yet you're the first to embrace a negative one as gospel? Seems inconsistent to me.
Now that was funny. Nsomniyak is available for weddings and bah mitzvahs too!
I've gotten a nice laugh off the "long con" concept too. It's actually provided some much needed comic relief here.
It's so true, and nobody focuses on it, but TDGI has put two movies into theaters and now has rolled one out on DVD. I can only think of 1 or 2 other pink sheet stocks that have verifiable products.
What I find the most amusing is how people put so much energy into trying to discredit this stock. There are verifiable scam stocks trading right now where people are losing real money with gagged TAs, dilution occurring, and 100% false PRs coming out to pump the price up with paid promoters behind it. Yet we're warned day in and day out about TDGI when in reality not one of those things is occurring here. Nobody ever said making money was easy, and us longs are having to "work" to keep our patience in this skewed venue.
BTW, that internet archive is pretty cool!
I disagree with every word you wrote. In my opinion, there is no way you can be more wrong.
I can see your points, and I agree that management is in over their heads. I believe they have taken on so many things with too little staff coupled with the corporate side and they are overwhelmed. I would say a bait and switch involves an actual switch, and in hindsight the ability for one to see what was gained by doing such. It's just silly to think Eric would risk his reputation to make less than $2 million scamming shareholders by selling his restricted shares - especially in an industry where reputation is everything. I think they're already bouncing back from their troubles. They're certainly learning not to give out info that's not concrete. While it makes for unhappy shareholders that like the drama, it's a sound way to run a business.
As for their predicted revenue numbers, they may seem laughable now, but I really don't believe Eric stated that figure for any reason other than they believed they could do that. Of course, they walked away from HTYMP. That cut out a ton of revenue they expected to get, something they couldn't have foreseen. And in hindsight, that seems to have been a decent move at this point. I've noticed HTYMP hasn't been released yet nor has any promotion started. It's been a few months since TDGI walked away from HTYMP. If it was a black and white issue over money only, I'm sure a well funded outfit like Anchor Bay would have ponied up the cash and gotten the movie to market by now or fairly soon. The fact it's still sitting on a shelf shows that there's some behind the scenes issues with the film - most likely the music rights as we heard. Guess it wasn't all TDGI's problem, but I'm sure nobody will concede that.
I still like the chances of TDGI doing more than $2 million in revenue this year. Racing Dreams alone could account for $1 million in revenue. We don't know if Fox put up some money to distribute Twelve which is possible and does happen in the industry. All in all, it seems to me the worst is behind us. I'm happy the PPS has found rock solid support here. When the audit hits, we'll have to find something else to quibble about, right?
I don't think anyone really believes tdgi is a scam. Some just bought in higher, things didn't happen as they liked and now they're bitter. Far more plausible explanation. Tdgi will deliver, just not happening on our time
Gotta ask you, which is the true post here? Here is your post today:
It's got to be, too much of a coincidence not to be. And yes, I think the library value will come in at or near 16 million.
I don't want to answer for SunSze, but I don't think Sun mentioned recording the call. Just posted a screenshot of Google Voice to verify that Sun made the call. I'm not sure if you can record in Google Voice or not. At any rate, no recording of that call was published so really a moot point.
Thanks for the update, SunSze. Many of us are still here waiting patiently - albeit frustrated. Appreciate the screenshot too, always helpful.
Go TDGI!
It's in the iBox as is a ton of other great information. Thanks to Speckulater for keeping the iBox relevant.
It's hyperbole. It's also referred to as a figure of speech. He's also being sarcastic. He's more than likely being facetious. Not to mention he's exaggerating. I didn't detect any flippant statement there though, especially not a generic one.
It's the writing style he's apparently learned from the book called "How to Long-Con Your Shareholders and Actually Not Profit From It"
Nothing anyone can do but keep absorbing shares that keep getting dumped. Nice day to add to your positions! I've noticed it's happening everywhere. We'll bounce back, we always do!
Thanks jimbob. Got my lotto tickets here, waiting for my numbers to be called.
You would think it would be that easy, but many have tried. And since H&T are a real, reputable accounting firm, they simply will not give out any info. But look, re-read my last post. If you still doubt that H&T are involved here, then I or nobody else can help you out. H&T has to be involved or else TDGI is committing securities fraud by filing public filings mentioning H&T. Go re-read the latest filing, it cites H&T at least twice, one of which mentions them still working on the audit. H&T would have caught wind of that and taken action if they were not involved. But they haven't and we haven't heard anything about that, so we have to believe what was in the filing.
The same logic goes for T3000 and Pacificor. I saw a post chastising people for believing that the negotiations are still ongoing because there's been silence. But you know that if Pacificor shut the negotiations down, they would have gone public with that info or required TDGI to recant their public claim to be making the next Terminator movie. But that hasn't happened, so you have to assume the silence means negotiations are still ongoing.
But that "hunch" flies in the face of logic, doesn't it? Let's look at the facts, shall we.
Fact 1: TDGI has made a recent public filing of unaudited financials citing H&T still advising them. This is de facto proof that H&T is still on board with TDGI. If H&T is still not on board (or as some suggest never was) then TDGI is committing securities fraud by filing false public information that investors rely on. A company simply cannot do that. EP or FS would be going to jail if they did. And don't you think that H&T would have caught wind of their name being in a filing of a company they're not working with? Would they just be silent and pretend that it doesn't matter? You know the answer to that, H&T would be publicly denouncing that as well as filing civil and criminal charges against TDGI. But they haven't, and you know why. It's because they're still on board with TDGI and still working on the audit as the filing says. From the latest filing:
Thanks for sharing, brando. Let us know if you find out anymore info, that's always helpful.
w6w, I'm not sure how they came up with the value of $22 million for their library. I've seen emails that say they had it valued before they went public, but I can't verify that. A simple call to Fred may answer that if they're willing to give that info out. I don't see any reason why they wouldn't.
What's interesting to me - and maybe I'm reading more into it than I should, but the same exact number has shown up in all their filings for the value of their library. What's noteworthy to me is this most recent filing for the 2010 Q2 that references Hogan & Taylor and the advice they're giving TDGI. I'm taking a leap and thinking that if that library value were way off, H&T would "advise" them to change it even in the unaudited filings one would think. It's a stretch, but there may be a nugget of truth in there. We'll have to see.
Here are a couple of posts to maybe consider:
If the library valuation is in the ballpark of what's been put out there by the company, it's hard to tell what effect that's going to have on the PPS. But one could make a strong argument that it will rocket the PPS well out of this range we've been in. Because at that point, it will verify many things that people have questioned about TDGI in the past.
Bottom line is they are not selling shares while we wait for the audit. In fact, they've managed to scare up more money to grab another film or two. So financially they must not be in dire straights as some have posted here, otherwise they wouldn't be buying films.