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from http://72.14.203.104/search?q=cache:5d-bp5o2tzgJ:www.investorwords.com/4268/reverse_split.html+defin...
reverse split
Definition
A stock split which reduces the number of outstanding shares and increases the per-share price proportionately. This is usually an attempt by a company to disguise a falling stock price, since the actual market capitalization of the stock does not change at all. For example, if a company declares a one-for-ten reverses split, then a person who previously held 20 shares valued by the market at $1 each will then have 2 shares worth $10 each. Many stock exchanges in the U.S. do not allow companies with a stock price of less than $1 to remain listed, and many such companies then have to undertake reverse splits if they want to remain listed.
from ...http://www.firstrepublicbrokerage.com/republic/invest_glosry_ReoRh.htm
Reverse Split
Procedure whereby a corporation reduces the number of outstanding shares. The total market value of the shares remains the same after the reverse split, however, a share is worth more. A company, for example, executes a 1 for 2 split. An investor owning 1000 shares will deliver them to the issuer and they will receive half as many new shares--but the shares will have double the value of the original shares. Thus, the investor now has 500 shares with a value of $8, instead of 1000 at $4--that is, the investor shares are worth the same amount as before the split.
Reverse splits may be used by corporations whose shares are selling at very low market prices. They believe that if the security's price is raised, it will attract more investors.
r/s should be typed 1 for 2 or 1 to 2 not 1/2... as 2 to 1 is a forward split.
However, in the penny world, a 1 to 1000 r/s is common and will reduce a 1 million holding to 1k holding. Most penny/ sub penny entities r/s below .001 (check out svxa's history) so you will never recoup your cash outlay.
ex: pps is .0005, you bought $500 @.0005 for 1,000,000 shares ... r/s'd 1 to 1000 leaves you with 1000 shares and the new company's pps (if you were allowed to carry forth, and not deemed worthless with the name change) stays at .10 which gives you $50.00. It is said that 75% (not my quote) of penny companies fall below the pre r/s price rapidly.
In this example, the pps would need to reach 0.50... not likely if your company was sub penny for years.
I hope this cleared up what r/s really does to penny investors....................
And just think, if you still owned 1 million shares... they would be worth $100,000 with the new price...
S5
CDD...where did you get that... "WE" don't pay for the fliers......... of course gnf pays a fee for that......
and I just said that off the top of my head too, but I bet I'm closer to being right.
p3d3r..... didn't you just spam that post this past friday??
Not smoke and mirrors... I have received 2 divs in a year so far... but definitely NOT a mining company by any stretch of the imagination.
How does paper shell sound.??
S5
Itrade, don't confuse 'press' with something issued by a company as opposed to 'press' as in an article that is supposed to be unbiased and non monetarily influenced.
Also not to be confused with a 'PR' that looks like it's independent information... ex: wallstreet.net (paid distributor)
S5
OT: ... this is one of many links about BBB ...
http://badbusinessbureau.com/reports/ripoff1343.htm
If you do a search, you must go in at least 30 pages, as many city, state listing are repeated.
The very fact that gnf was mentioned in that posted article is good because it's outside advertising, poorly written, but advertising just the same.
S5
OT ... Sorry retired, your incorrect and mikeisme IS correct...
CU (consumers reports/consumers union)is a non profit/for profit company that does not do advertising, nor accepts money from companies. CU makes it's money from citizens paid subscriptions. Go down to the newsrack and read the masthead of consumers reports for free. ON the other hand, BBB is a private company with no connection to any government entity or affiliation and has no authority to pursue litigation on it's own corporate level. BBB has always taken money from any business or organization that wants to be listed in it's book.
Clever advertising and manipulation has subverted most citizens to believe that the BBB is part of the government, thus is working for you. Brilliant.
S5
Netsucks won't be around in ten years, at least not in it's present profile.
Even microshit has invested in a internet version 6, (or internet2) that may never happen as it's design is being elipsed already. The marketing curve is as damaging as it is profitable. I can't keep a graphic card in my computer long enough to play last months game in a decent frame rate..... how can you expect most people to keep this up.
For STARTERS, TRUE vod means streaming the movie live to watch it as it streams to you.. as opposed to downloading and watching later. The technology will evolve as long as major companies and people are making money and can jam 'new technology' down your throat weather you want it or not.. Telco's telling us we can't live without cell phones... then we kill each other driving and talking.... hdtv is over 4 or 5 megabytes per second ... even with algorithms and compression, you have a thousand customers demanding steaming video on your pipe, now multiply that 1000 or so times over. Customers don't care or understand WHY you can't produce, just do it. Maybe vod will shift to all satellite and we will be back where we started... almost network braodcasting.....
Add all this to the generations of people who can't even get internet, let alone understand it. When the cable,telco quote numbers of how many people are using broadband, it's mostly pumped up. I work for a city cable production department, and we are fighting for our lives against the telco/vontage, verizon conglomerate that is pushing for video distribution as well in competition with cable. The number of sophisticated broadband/multi interface tech is way lower than companies state.
It is nearly impossible to get true facts out of the very companies trying to litigate for the media business.
What gnf'd doing, is anybody's guess... and that's what it will be ... a guess.
actually, unci is the closest.... the technology is changing so fast, IF the pipe bandwith can handle it... internet streaming hdtv movies are where the big boys are heading, but the true bottleneck will be that the internet infrastucture was never designed to handle such data amounts... I'm talking the tcp/ip protocol and all the nuts and bolts of the physical copper out there.... the internet super highway is a 2 laner trying to run triple tandom trucks both ways... something's got to give. If gnf stays viable, it's only till jf can figure out some way to jump to the next level the cheapest and quickest way.
S5
Retired, I hate you putting your spin words in my mouth almost as much as that ae ad thats back right now.... re-read my post if you have to,, I said NOTHING about being like netsucks.. I said if gnf makes it in this biz...as a competetor... a national company at some point MUST have national advertising of some form, otherwise don't claim national comapany...
This is a great example why this board gets stupid sometimes... 2 people twisted what I posted into totally their persception....
S5
I also feel (imo) that CC and Gnf may know if their relationship will continue at the half way point of the roll out. It's not rocket science to look at the numbers and get an idea of direction things are going.
All filings have shown that CC has an almost free ride in the gnf endeavor and would lose practically nothing to cancel and go another route. So, it's up to gnf to succeed.
And please, don't reply that CC is investing in gnf.. they haven't, and don't invest in any other vendors in their stores. The vendors invest with CC. Get that straight.
S5
sheesh, I know if gnf makes it in this market it's going to take time, but I am sooo sick of seeing 'netsucks' all over the place..... best buy (at front door free handout rack), tv, my weekend circular and forum ads.........
Like to see what I own stock in showing up soon. I'm expecting a national advertising campaign when gnf feels confident to be able to handle the presumed demand increase that advertising could generate.. if and when gnf infrastructure is truly in place to guarantee quality service.
Would be nice.
did douglas die in 'falling down' at the end?
This is an interesting tidbit I saw in my local paper this past saturday 17th. In the comic section is a strip called 'Pearl's before Swine" by Stephan Pastis... the rat character is a standard smart ass, and is arguing with a guard duck on a friends property. The duck insults the rat and in the last panel... rat said "you are so being taken off our 'netflix' account"
Being a gnf shareholder, this ticks me off somewhat. I have seen this cartoonist using his strip for what could only be paid advertising. I'm an artist and have published cartoons as well and am seeing product placement in normal daily cartoons.
I have an issue with brand naming in what supposed to be basically unmolested entertainment. Not only that, but how come it's NOT GZFX !!!!
Thought you all might find this intriguing.
S5
YYAAAAYYY happy hour .... no stoopid *#$&^^%)( ads sliming down the page.................... at least for 2 hours or whatever...
I thought I made mention after midnight thurs about pccr/pcce/pcco ... did another r/s Zan also mentioned this... that is just criminal... you almost don't have time to flip the stupid stock....!!!
RAGS ... your really pissing off Tina.... she needs news BAD....................
glta... have a great weekend
S5
too bad all this happy hour I'll be in traffic going home........................................
uncipep.., your post to me was deleted. too bad I'll never know what it was
Cdd ... be careful there about information from Wick.. he himself stated a majority of his dd is SECOND HAND ...IE: other people's data... so your incorrect with that statement.
If your going to defend someone, get your facts in order as well ...
this is my last post for now untill the am ex ad cycles away...... I have clicked many times on ads here, as I cannot afford a sub to ihub. sorry
S5 glta
c'mon ihub... this sticking shitty am exp ad is the most invasive I've ever seen. They must of paid you big bucks so that they have one that opens automatically over half the forum page and even stops your typing in the reply box... that one ad alone will most likely drive me away for good. Not that people would care anyways. Which is a little like cutting off my nose to spite my face... but what the hell. Many more boards out here.
I enjoyed the banter.
S5
that's correct, gnf pps hit .002 past Oct I think.
It might make new lows soon. It's confusing as the CC is a real roll out out with product, so by any normal standards, product gets sold (subs), pps should follow in the positive.
I don't believe in the naked short crap, I would agree with the dilution model created by management who decided that was the way to fund the company. Seems now, it's twice as hard to work the pps back up in face of billions. Normal penny business these days.
You people chirping 'news tomorrow.' must have a one letter macro set for that exclamation, over and over, over .... zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzz zzzz
S5
Somebody asked if it (gnf pps)drops further, will they have to pay to sell their shares. Well it costs you money if a company foward splits then claims due upon delivery of certs to the company... which brokers don't do free.
Wasn't the pps around .0005 or less at one point last year?
S5
OT : Sorta ... Well, the commodities market is way due for a correction... silver and gold speculated above normal and energy specificaly fossils have been practically criminaly over priced... oil has been high now for 2 years ... Oil interests are making 10's of billion in profit (net) not gross... isn't this odd considering we are in a war time period where most of us average citizens are conditioned to recycle and conserve energy.. commodities and all markets will be correcting (it's happening now) and it's going to hurt, but we should be better for it when the dust settles. Remember, if people start panic selling any market... there will be the Buffett's buying everything up. There were still Billionaires in the depression.
People on this board need to stop telling other people what to do. We should just offer advise and help, not question motives.
peace
S5
HOLTER... wow, that borders on moronic. DUH ... yea there's commercials on gnf... most likely their own... if not, then they better be getting cash from advertisers.
I own gnf stock... as a fundamental/chart combo trader I don't care if they were selling chocolate flavored underwear... as long as the product exists and can be proved to be available to the general public, then the fundamental side of a trade technique could be satisfied for that trader. Chartists will study mostly numbers and really couldn't care less if the company's a complete shell, as long as the lines do what they want...
By the way Holter... you sound like Bush..."your not with me, your unamerican"... NEVER shove your shit down peoples throat, you'll get iggy'd to death..........
have fun S5
OT >>>OT >>> OOOHHHH NNNNNNOOOOOOOOOOOOOO
the dreaded federal express ad that opens all over the page and won't go away,,, and even stays through a link to another page....... but I'm not going to subscibe no matter how shitty annoying the ads get........... I've clicked on other sponsors to help this board, but I will NEVER click ae ad... EVER
To Tina... I can't pm, but nothing insidious about going to your frappr site. Every time I had gone there, the site crashes my system, freeze ups. I'm on dial up, so that may be the problem as frap may be optimized for broadband.
Oh well........ I quit going there anyways.
But I do like a business analyst in 'relaxed' wear.
S5
Gnf buyback.... that just doesn't make sense for any no income penny stock. I would have to believe you need available funds to buyback which I don't think gnf has......... common sense of business structure tells people (at least people with open minds) that a small company, competing against known established income producing co's, where the small company is operating on the edge with low or no net income, will take time to build the foundation of it's business. Profitability doesn't always happen over night. The pot holes (recoverable) and cliffs (your done) of failure are sometimes the fault of not sticking with a known or carefully crafted business plan. If JF jumps around or goes off in some different direction not beneficial to 'the plan', whatever that is, ... a company can falter and die.
Common shareholders go down with the ship as well.
The above is not a revelation... but people seem to forget to look at the known facts in front of them to keep a perspective of what a company is. Then you try and trade the stock and go really nuts.
S5
Sheesh RD ... this IS a board about gzfx....
People are here because:
(1) they are vested
(2) they are thinking of trading gnf
(3) they are curious and are seeking experienced information
(4) Most people know the difference between legitimate DD, crap and spam ... and will do their own DD.
(5) Anyone has the right to trade the way they see fit, so pro and con should be, and mostly is ... acceptable.
. . .
..
.
Why the hell are you here... I've finally been aggravated enough to post that question, since usually I stay away from personal slandering... mostly.... I try........
S5
To:: --> Posted by: RAGSORRICHES on mess..#177317
Imperia Entertainment Board of Directors Approves Rollback of Authorized Shares to 500 Million
Friday June 9, 3:15 pm ET
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--June 9, 2006--Imperia Entertainment, Inc. (Pink Sheets:IPRE - News)
From my vast experience of getting screwed by R/S's the past 2 years.... get the (*^%#$ out of IPRE right F)(*^&$ NOW !!!
They have a history of r/s and name changes, and ipre just bought muellers media, and played games with that stock as well.
It's a REVERSE SPLIT and small shareholders will be obliterated to a whopping tens of shares......... you won't get your investment back even if it goes to 5 bucks. Do the math...
This is imoo only, but boy do I have first hand exp with this chit. Unfortunately
S5
Restless Desp... you seem to be quoting data from my posts in your own words... see this message..#176983. Until mine, there was no mention of advertising or infrastructure in todays postings, then all of a sudden your post with all most everything I mentioned. I don't feel this is a coincidence as I've seen this before. If you are doing this, then it's only fair to reference someone else's contribution that your using.
I mention this because when there is no acknowledgment of one's post, then you see your data used by somebody and they get 'good job'. etc. etc. it gets frustrating. Although I don't need acknowledgment, I don't care for people re-using my observation to be perceived as their own.
thanks.......S5
Hey all. Did any one ever get a proxy/company statement from
Gnf? I just received a proxy voters pkg from one of my sub penny stocks and it surprised me that I really got it.
I didn't think pennies ever do that.... anyways . .
I just wish I had the cash to increase my holdings in gnf. With product in known stores, subs should increase, then pps will as well... no brainer. I think the one of the things that holds back any quick gains in pps is no real national prime advertising. This would be TV ... similar to 'netsucks'. Not doing this may be intentional because Gnf may not have the enough infrastructure in place to handle a large rapid increase. CC is only educating walk in customers, and state areas of the roll out with sales circulars. These observations are nothing new ... One obvious thing that can hurt gnf is if CC decides that gnf isn't working out, and wants to give retail space to the next vendor. This is a possibility in any venture.
Also, has anyone had problems with Tina's frapper site crashing their computer... I've never been able to get off her frap site without shutting down my sys.... weird
S5 glta.
of course, I didn't post these posts from work....
The statements about other avenues has been in the pr's and filings from day one....!!! If people want to fill in the blanks, that's up to them, to put a name on a retailer that's not true could hurt gnf and cause litigation to this website and gnf. If that's your (insert vaperstore speculators names here) intent, than your doing a good job.
Refrain yourselves please. Penny stocks are SPECULATION ... you need not invent more.
Got to go work on my crashed computer.... this board may have caused it to have a break down.'....
S5 holding, but holding minimal..
Retired56... just stop. You make repeated comments on big retailer with no hidden hint to Target. There has been NO true FACTS, PR's or FILINGS about any other retailor at this time with
gnf. Intentional or not, your pumping of vaporfacts brings you close to possible litigation if one choses to report you. Keep it up and it may be me. This forum is difficult enough to navigate between bash and pump and egotistical self primping.
The only hot air seems to flow from your direction...
If this gets deleted ... so be it.
Has anybody any in store CC updates, newer stores info....
F-F... if you post some real photos of your work, you might make some sales.... that looked like arranged artwork.
what the heck does FF's 'real' mean?
Jimh .. what a guy.. taking one for the team
your question was a good one. Hope someone helps you.
I couldn't help it, JF wasn't here to wap.
jimh ...
*** SSS HHH LLLLL AAAAApppppppWWhhhhAAAAPPPP ***
actually, I don't know the answer, but that felt
sooooo good........
geez, talking about giving people heart attacks... .08 instead of correct .008
For wick and all
Posted by: wickw50
In reply to: jimh who wrote msg# 172631
Date:5/25/2006 2:29:40 PM
Post # of 172982
jim, I have only had the privilege of talking to JF twice...he called me and I called him....there is no reason to call him as he and the others there will not give out any info other than to discuss what is already in the filings and that justs wastes their time......most of my DD comes from people on the sidelines.....I get most of my info from contacts people who read Ihub and then give me tidbits here and there...it is my job to not only keep their confidence, but to get permission to post it here....much I cannot....so i can only hint sometimes as to what may be developing.....I talk to analysts, competitors of CC, etc. they hear lots of things...some are off base and some has merit....I have to sift through and corroborate the info... after awhile it gets easier to decifer...
Wick50, no malice here, but from the above quote, I am to understand that you get most of your deep DD from
second hand information. This seems in contrast to people blindly following your examples. Every research
expert that I've read has always made it clear that data from second sources will be suspect. It's only common
sense. I appreciate that you made your methods clear and now I can your sort your information with the rest
of the data I obtain in my research.
The effort is always appreciated with any forum input
S5
FF -- what does REAL mean... I'm sure its been said but I can't figure it out...............thx
Also, people should perhaps do a search for 'VOD' and you should find that the very infrastructure of the internet (the physical pipe bandwith) may be the real bottleneck ... not the technology.
ALL the big players are doing vod now, so everybody is gnf competition.
S5