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PGHI I think this could pass the .005 mark my opinion only, news looked pretty good i thought, any other opinions? slow and steady up would be best imo i'm long 200k :)
Shac, thanks for calling and posting, I talkede to the ceo right after he returned from China and was vey encouraged however you really know how to askthe right questions, again thanks for the update! Hopefully we'll be seeing some more of these merger deals with the likes of CDSI and PCES. happy trading! :)
SAN DIEGO, California September 25, 2003 -- Point Group Holdings, Incorporated (OTCBB:PGHI) announced that it has acquired Veegeez.com, LLC of Santa Clarita, CA, an online video game rental company. Veegeez.com provides its subscribers video game rentals via the Internet similar to how NetFlix.com (NASDAQ: NFLX) provides DVD’s to its customers.
One and a half-year-old Veegeez.com provides the latest video games, as well as the older classics, for Xbox, PlayStation2 and Gamecube to the approximately 18 million owners of these machines on a monthly subscription basis for a flat monthly fee. The subscribers establish an account, build a queue/list of games they want, Veegeez ships the game by US Mail, and the customer enjoys the games as long as they like. When they finish with the game, they simply return it in the provide mailer to the company and the next games in the queue is mailed.
“No more late fees or due dates. ” states Mark Wiseman, co-founder of Veegeez.com, “Our subscribers enjoy the use of games they select knowing that they can exchange them at anytime without fear of missing the 3 or 4 day return date and being charged late or additional rental fees.”
PGHI and Veegeez.com have been working since early 2003 to bring this acquisition to this point. CEO/President John Fleming states, “We, PGHI are looking forward to the opportunity to bring Veegeez.com to its fullest potential. With Lance and Mark Wiseman, co-founders of Veegeez.com at the helm and the support management of PGHI’s consultants assisting the subsidiary, the new Team looks forward to the coming years.”
PGHI is planning on building the inventory of Veegeez.com to reach the many possible subscribers throughout the United States. As part of the business plan, PGHI is planning on raising two to three million dollars over the next year to fund this new subsidiary.
“When you review companies like NetFlix.com, and apply a similar model to Veegeez.com it is easy to see the potential of our new subsidiary.” Mr. Fleming continued, “We feel there is a great upside for our shareholders with this acquisition.”
Point Group Holdings, Incorporated is a holding company which, through its subsidiaries, provides management services to businesses that have an operating history or can substantiate future performance in their respective industries. The Company participates in companies in various fields of business by providing executive-level managerial assistance as well as arranging for and contributing capital investment.
For more information contact John Fleming, CEO PGHI at 001.619.269.8692 or e-mail ceo@pghi.biz or examine the following websites:
Point Group Holdings, Incorporated: http://www.pghi.biz
Veegeez.com, LLC: http://www.veegeez.com
Dang Buzz, you OK? Be careful,you could hurt yourself like that! :)
rotflmao
OH SH*T, you guys aren't real traders, yikes, now you tell me. :))))
LATINO, Do you mean .007 or .07 TIA
PAPO been a while since it's been above .03, hope it keeps going
CYTP, Anyone think it has IVOC potential
CYTP weeeeeeeeeeeeeeeeeee
nice buy imo :) Oct. rgt around the corner
We need a run like it made the end of last year!
CYTP check out the 1 yr chart bb
PGHI, yep :)
SUNR, moves on air, anything up?
CYTP I'm in it
SUNR, what's up with it
NCVM Nite on bid been consolidating
AGRD hope so, but all I smell is that samwich :)
DTMG nice thx
APLL and ALMI nice calls, thx :)
TTXI .14 wall
TTXI, I added on the dip, the CEO is very credible and is careful not to give out inappropriate info. Also said that he would update as necessary but would not put out fluff releases. This is just my humble opinion but this man is as serious as a heart attack and is trying to build a 'real company'. If that happens folks in at this level would be very happy. JMHO, I like the risk reward situation here, and will continue to add on the dips. My opinion only
CLSY go baby
ENCU wish they tighten up a little
I got one of those once, someone needs put those pos in jail!
ENCU graduate hopeful
TTXI, wonder if we'll get a chance to get some cheaper shares before the close
ENCU tightened
Crazy,me too I added some more @ .12, I was in LRSY, after seeing what it did on a letter of intent, I really want to be in when news of China deal hits, I had an order in @ .11 with 4 or 5 mm on the ask and only got 2 5k partials out of 25k. Good luck to all longs!
DREAM TTXI still going, are you taking anything off the table yet? I talked to Don before he left for China, liked what i heard. On the radio yesterday he said that the trip went very well and china was anxious to do business with the US. He told me that he hoped to close a deal in oct. I sold this am hoping for a miday dip and had to buy back higher and barely got filled. your opinion appreciated
ENCU go piggy
CTPI, opinion? TTXI?
IBCS, would like some opinions on this one. TIA
ARES, gonna try to reload some of this in the .005 or less
ENCU, UVCL,
CTPI, one to watch,added a few to my free shares today.
PHOX ut
ENCU UT