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Maybe if other companys think GZFX is in play, perhaps we might get some bigger offers.....alpha
SuperVision Entertainment Inc.: (TICKER SYMBOL: SVET): SuperVision Update: SuperVision Makes Bid for Takeover of GameZnFlix (TICKER: GZFX) for $100 Million Pro Video Gamers League
LOS ANGELES, CA -- (MARKET WIRE) -- May 14, 2007 -- SuperVision Entertainment Inc. (PINKSHEETS: SVET) -- On May 11th, 2007, an unsolicited letter was sent to the President, Directors and shareholders of GameZnFlix (Ticker Symbol: GZFX) expressing to a desire by SuperVision for GZFX to become a wholly owned subsidiary of SuperVision either through a negotiated process or, failing that through a possible "hostile takeover."
GameZnFlix is involved in video game rentals and VOD, and owns two television stations. SuperVision is interested in acquiring a controlling interest in GZFX to house its World Professional Gamers League (WPGL.TV), which is almost ready to be launched. The WPGL web site, which is almost ready to go live, should be active within a few weeks after some in-house testing.
WPGL offers anyone over the age of 12 (with parental consent) an opportunity to become a professional player competing for $10,000,000 in cash and prizes. The WPGL is structured so that it is based around an international television show and an international franchise, providing an excellent format for game manufacturers, players and advertisers. Professional game players will be able to seek sponsorships just as professional tennis and golf players do. If membership goals are reached, it could mean in excess of $100 million per year for SuperVision and GZFX.
On other fronts, SuperVision continues the development of the amazing SuperMag technology, which develops electricity from magnetic fields, and it is now expected that the first demonstration to approximately 5,000-7,000 engineers, investors, scientists and hedge funds, as well as the international press, will occur in late September/October 2007, subject to final in-house testing and organization of the event.
The SuperMag continues to amaze the people working on assembling it as the final production version takes shape.
Lastly, SuperVision has been contracted to produce the multimillion-dollar film about the rise of the new King of Canada and the United States, who, through an historical and constitutional legal issue and challenge, may in fact become the first true royal King of North America. It is a fascinating story and you heard it here first.
Safe Harbor Statement:
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the Company's future, revenues and earnings, and all other forward-looking statements (i.e. future operational results and sales) are subject to assumptions and beliefs based on current information known to the Company and are factors that are subject to uncertainties, risks and other influences which are outside the Company's control, and which may yield results differing materially and substantially from those anticipated. All information is subject to change, deletion or insertion.
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18 to 1 ......LOL....Alpha
Looks like 17 to 1 buys this morning, is that input.......Alpha
Nice to see I am not the only one buying this nmorning....Alpha
Xan, Maybe study some math?...LOL....Alpha
Not sure, I'm a Paramedic...I fix people, do not know how to fix this...I'm betting the JF does....Time will tell....Alpha
Mike, JF spent a million dollars of investors money buying content from LITV, one would have to assume he expects to get a return for that investment...Alpha
Xan. I agree completly..... Thats about when JF started the "controlled growth policy" he has stuck by.......JMHO....alpha
My WAG on the next PR will be about GNF ENT...... That is where, IMHO, the most potential we have going for us.....Any other thoughts board?????.....Alpha
My only advise. if I may, is too not get "Caught with your volume down"......Alpha
For what its worth, I think the MM's only concern themselves with Trades, that is where they make there money..... I agree that volume determins direction, low volume can be deceptive......Alpha
Simple . they do not.....Alpha
I, for one, am going to reserve judgement on JF and company. I KNOW that a lot of things are going on right now that not all are privy to. And I am sure there are reasons for that.
Wick, you are sounding more and more like someone who has had his sources within the company shut off, and are now, like the rest of us, in the dark, as it should be. Either you believe or you don't.....Buy or sell on what your DD tells you, simple as that .....JMHO......Alpha
Wick, If I may, could it be possible that the "deal" with LITV has just been pushed back about three monnths due to GNF UK was delayed until later this year. I would like to think that that LITV will be a vehicle for us to Adv Gameznflix UK.......Alpha
ITEM 2. DESCRIPTION OF PROPERTY.
The Company currently owns $578,721 in fixed assets and $2,250,096 ($6,092,216 less amortization of $3,842,120) of DVD and video games inventory. The Company's corporate office is located in Franklin, Kentucky at the chief executive officer's home-based office; the Company does pay rent for this office. The Company's distribution centers are located at:
California (north): 4600 Roseville Road, Suite 160, North Highlands, California 95660; three year pre-paid lease (commenced in July 2006), with a rent of $1,700 per month for a 1,096 square foot space.
California (south): 20705 S. Western Avenue, Suite 209, Torrance, California 98032; three year pre-paid lease (commenced in September 2006), with a rent of $893 per month for a 703 square foot space.
Colorado: 18234 County Road 24, Sterling, Colorado 80751; 2,600 square foot space being provided rent free to Company.
Florida: 600 S. North Lake Boulevard, #270, Altamonte Springs, Florida 32701; three year pre-paid lease (commenced in April 2006), with a rent of $1,244 per month for a 950 square foot space.
Kentucky: 130 West Kentucky Ave, Franklin, Kentucky 42134; five year pre-paid lease (commenced in January 2006), with a rent of $4,150 per month for a 5,600 square foot space.
Maryland: 847 Quince Orchard Blvd. Suite B, Gaithersburg, Maryland 20878; one year pre-paid lease (commenced in May 2006), with a rent of $1,500 per month for a 1,048 square foot space.
Massachusetts: 12 Harvard St, Front Suite, Worcester, Massachusetts; two year pre-paid lease (commenced in March 2006), with a rent of $800 per month for a 950 square foot space.
Texas: 4747 Irving Blvd, Suite 243, Dallas, Texas 75247; one year pre-paid lease (commenced in July 2006), with a rent of $2,400 per month for a 1,440 square foot space.
Washington: 6627 South 191st Place, #F101, Kent, Washington 98032; two year pre-paid lease (commenced in September 2006), with a rent of $1,090 per month for a 505 square foot space.
Management believes that the office and distribution spaces are currently adequate for the needs of the Company.
I read it as GZ did not invest, they just bought some content.... They cancelled the investment do to lack of better financials of LITV...........Alpha JMHO
I could be wrong, but should that last paragraph read ...DID NOT meet our financial requirements????
........Alpha
3. The Company purchased television content (approximately $1 Million worth) from LITV for GNF Entertainment under the previous agreement. GNF chose to not make any further investment in LITV as the company did meet our financial requirement per the agreement
I see the UK as just another DC, and in this case, a DC that should be able to handle the entire UK, and their "connections" to LITV could be the means of adv?.....Alpha
What is going on here is a controlled growth of a small company with a huge future...JMHO,,,,,Alpha
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v.008
I hear ya, I'm having the same "problem" myself..LOL....Alpha
Be great if GZFX can get some of their new shows included.......Alpha
Would be nice to see GZFX promote this on the game bytes show.....Alpha
Reads likea bore.......lol.....Alpha
Why don't you tell us how you got to be so great....lol.....Alpha
I'm sure he Knows a lot more about the company, and more about where the company is going to accept the deal he has then you do......Alpha
If GGI wanted to dump shares on the market they could dump Millions on all those that are at the bid of .0006..... Sure would be awesome if there was a PR stating that the Deal with GGI is complete, and conventional/Private financing deal is in place.........Alpha
Reb..Congrats...26 years for me 4/6......Alpha
Can't have too much Fun......LOL....Alpha
Mr. Bickford is a busy man.....Alpha
EggShell Media and Entertainment Ltd
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Paul Bickford - Chariman/Business Affairs
Paul is a Business man and Entrepreneur. He is a member of various Boards, both Government and Private and a member of BAFTA.
Paul is also the Group Chairman of Media Partnership Group LLP. Previously Paul has spent several years in senior positions within Merchant and Retail Banking in Europe before spreading his wings in the wider business world, which he has been a keen participant in for the last 18 years. Media is a new avenue for Paul. Having entered the business only 3 years ago, and he brings a freshness and the ability to think outside the box. mailto:paul@eggshellme.com
Amanda Groom - Director
Amanda has a 20 year track record in television, web and print. Her former roles include Head of Channel Health, Sky platform; Executive Producer, Pearson (Feemantle) Television; Head of Content for TWI/IMG (NOW) Network of the World. As Executive Producer, Amanda headed two high profile and ratings-leading series for Austrailian Networks, Nine and Ten, Sex Life and Good Medicine.
Amanda has deisgned numerous pan-European/global television formats and has developed cross-platform digital content strategies for interactive television, web and mobile. Amanda has senior production credits with Sky, Sony Pictures Entertainment, Beyond International, Pearson, Network Nine and Ten and consults for the National Geographic Channel and the UK governments Department of Health. mailto:amanda@eggshellme.com
Trevor Dolby - Director
Trevor served as Non-Executive Director of Maverick Television for 5 years growing the company from a turn over of 5000,000 to the 15th largest UK independent production house with a t/o of 7.5m.
For 25 years Trevor has been an editor and publisher having held positions of Publishing Director of Non-Fiction at Orion Publishing and Publisher and Managing Director of Harper Collins Entertainment. In 2003, Trevor won Editor and Imprint of the Year award at the British Book Awards.
Trevors 'credits'/celebrity autobiographies and TV tie-ine include U2 by U2, Gordon Ramsey's autobiography Humble Pie and Whicker's War, Matt Lucas and David Walliams as well as bestselling Python's Autobiography. Additionally he publishes Baroness Julia Neuberger's The Moral State We're In and whilst at Orion, Dave Pelzer's ground-breaking trilogy. Trevor is entered in Debrett's People of Today from 2001 to the present.
Awards
British Book Awards 2003 'Imprint and Editor of the Year 2002'
Publishing News Gold Award for 500,000 copies sold of The Lost Boy
Publishing News Platinum Award for 1,000,000 copies sold of A Child Called It
British Book Awards 2002 Short-listed for the 'Imprint and Editor of the Year'
British Book Awards 2002 Short-listed Book of the Year 2001 A Child Called It
British Book Awards 2001 Long-listed for the 'Imprint and Editor of the Year'
Steven Gower - Director
Joint creator of It's Now Or Never for ITV1 2006, Steven's credits include Associate Producer on You are What You Eat and My Gay Prom for Channel 4 and No Waste Like Home for BBC2. In 2004 Steven travelled the world on Jane Goldman Investigates for LivingTV, Haunted Homes for ITV and Roadies 2 for UKTV. Steven has credits in Australia on MTV and Network Ten and in the UK on ITV, UKTV Style, UKTV People, LivingTV and the Thomas Cook Travel Channel. A media studies graduate of Swinburne University, Australia, Steven has 12 years experience in TV production working in Australia, the UK and abroad. He also has worked within casting and development. mailto:stevie@eggshellme.com
Ricky Dyer - Director
In 2006 Ricky made his screen debut as reporter and hosting the controversial I Love Being... documentary (60mins) for the BBC. He now makes regular appearences on TV, radio and in print talking about his work at the BBC. He is joint creator of It's Now Or Never for ITV1, 2006 - now with global sales.
Previously Ricky worked in Theatre and Entertainment industry for 15 years. Roles included management, performance and producing. Ricky has received TV credits for UKTV People, ITV1 and the BBC. mailto:ricky@eggshellme.com
Has anyone seen game bytes yet?......alpha
Xan, my ameritrade had those 58MM in trades as buys @ .0008....Alpha
Happy Birthday Bill...... Its all Good.....Alpha
Heading green for the close?? Hello ARCA.....Alpha
Faster than you can say dsmlkdmsl;fgklsadpislmf...... Alpha
Wayne, I know it is an update, I was recalling the the deal with the CFO for 5MM shares each quarter in exchange for services rendered, was due to stop at the end of 2006. This perhaps is the new arrangment....Alpha
Really old news..This info has been available for quite awhile....Alpha