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Look at that... .0695 left on the Ask again. Hmmmm...
That's right! What if VGTel is the avenue she's going to be using for a new UltraHD talkshow... after all, she looks good and talks even better on camera. How about the Amilya! show??? Broght to you by VGTel, inc....
I know because I was the one who was contacted by Mr. Briola and posted that. The difference between the last two 8-K's and everything before was the lack of fluff. The old PR's all stated grandiose partnerships, agreements for 4K movies, blah, bla, blah, blah, blah.
The last ones said nothing about partnerships or aquisitions. It just put the plain truth of a failing company forward. It set out what it would take to recover and stated the committment of management. No promises other than they thought they could turn it around.
I've got enough invested here that it's an ouch for me if this fails. It'll just be a lesson learned about doing more in-depth DD next time. I put maybe too much stock in Amilya's name. Maybe she got bushwhacked but I kind of doubt it. Here's why. According to a recent post, the company that was claimed to have done the audit referenced in the 8-K from Amilya actually verified that info. HEY!!! The first verification of truth regarding the 8-K!
Unbelievable!
Could it be with a well known businesswoman at the helm that this company will be turned around or sucked up into a merger? That 8-K is the first substantial piece of verifiable information in a long time. Could the audit have shown Amilya that she's bit of more than she can chew? Maybe. But I doubt that either. She didn't get where is she is today by being stupid or playing possum.
I'll wait to hear from her again before I pass judgement on her. And here's something else.
VGTel, best that I can figure out, is an entertainment company. That is the direction that Amilya seems to be heading lately. It could be that this is more than a turn around job. She could be planning on using VGTel as a UHD production studio for a brand new talkshow with guests. If you saw her on the Steve Harvey show, she's all about helping the small business community, analyzing why companies fail and how to help them succeed. She has a huge fan base and could be using VGTel to showcase a talkshow with guests. That may be the reinvention of VGTel, along with a probable name change to go along with it.
That could be why the news is not forthcoming. If this were the case, and I'm not saying it is, you have the opportunity of getting in on the ground floor of something with enormous potential. I've already lost 70% of my investment so I've got nothing to lose sticking this out to hear what she's got to say next.
"Could be a lot worse. We could be unemployed...in Greenland!"
I started out believing the hype but now I don't put stock in ANY pr found on the website. The only pr I believe is the last 8-K, when AA came in and said this is a mess and there were substantial hurdles to clear. Foremost was no game plan. The next was debt financing. She must have seen some sort of company assets or subsidiaries that were carrying a profit for VGTel or there would have been nothing to turn around. You can't turn around something that doesn't exist so VGTel must have been sitting on something of value. Otherwise AA would have said see ya later by after 90 days.
Problem is, we don't have a clue what that valuable thing is.
You're not listening. I'll say it again. You're claiming everything is false and yet you're saying the $20 million fund is true. What makes it a fact and everything else a lie. They can say they created a $1 billion fund, doesn't mean they followed through with it. Understand? You need proof they came up with the $20 million and what are you relying on? An unofficial pr on the website!
How do you know they were able to raise 20 million if everything else is false?
That's right. This one's cooking away and when Tom posts pr, it'll be like lifting the lid off the pot to check the aroma. It won't be done yet, but it'll give off an appetizing aroma that will draw more investors.
I don't think the peeps will come until we start seeing a pr or some financials.
That's all from 2014 and before. All while Durante was influencing things.
That's probably why we haven't heard the results of the audit. Very mixed up. A tangled mess that is taking extra time to unravel.
What does that have to do with VGTel?
This is the only link I can find from 2014:
http://www.360entertainmentandproductions.com/media-center/company-news?detail=254
The only information I can scrape together to try to infer whether Amilya is still with VGTel is this video:
Old news.
She posted that video six weeks after the 8-K. When the 8-K was posted September 28, both she and the interim pres (Toussaint) were just days from their first 90 days with VGTel and it's likely at that point he was still with the company but left shortly after. On her video released in the middle of November she mentions severing people who don't have the same vision as her or aren't working out. It's possible she was talking about him. She also mentioned team building.
She could still be with VGTel or not.
You just can't tell without more info.
She says on one of the videos that she's waiting to issue another pr (8-K). So if she's still with VGTel, she'll do that and maybe say something about the IR. If she's not with VGTel anymore, I would think she'd want that known and would use social media for that purpose.
I'll wait it out and either go down with the ship or be sitting on a success story.
"I'll never put on another life jacket again..." - Flynt from the movie Jaws
Yeah, it's obvious she's making references to VGTL and posting another press release when allowed to do so, but that was posted back in the missle of November. One of the other things she is noted as saying on that video is that if something isn't working for her she cuts it loose and focuses on what is working. It could be that sometime after that she cut loose from VGTel.
Who knows.
Yeah, painful for me too. My question is why the disparity?
I just received a reply from Michael Briola, CEO of Motion Communications, the named individual listed on the last 8-K as VGTel's official IR.
Heres his response to my email:
"I’ve not been formally engaged by the company, and am therefore unable to reply with any information apart from acknowledging receipt of your message.
Please contact the company directly for assistance.
Best Regards,"
Hmmm, not promising.
True.
Being active does not mean the information is correct or up to date with the state. Just look at the misinformation on who the state thinks the CEO is on that link. If that's not correct then it's highly unlikely that the share structure is either. I know because I worked with a record keeping and enforcement agency with the City of Los Angeles for 33 years. Many times government records are not current.
Makes perfect sense whitie. Thank you for the excellent explanation.
Question for discussion:
China is ordering some $600 billion in airplanes from Boeing over the next 8 years (roughly). Boeing is building a finishing plant in China to finish out the planes (interior and cosmetics.) The bearings will have already been installed in the US.
Why would Boeing order bearings from TPAC in China for any of those planes?
I can see COMAC or AVIC ordering from TPAC but what is the Boeing connection?
Seems like suppliers of these bearings in the US could sell them to Boeing much cheaper.
I don't think record keeping was their strongest suit.
You are missing the point janice. That link has not been updated since that share structure was set in 2006. The information has not been revised. It still shows the old CEO from before 2015.
Yeah it's like, "It's quiet...too quiet..."
From the last 10-Q (4th Quarter, 2014)
Stockholders’ Deficit
Preferred Stock, $.001 par value, Authorized 10,000,000 shares, none issued
Common Stock, $.0001 par value, Authorized 200,000,000 shares, issued and Outstanding 27,075,203 and 22,180,652 as of December 31, 2014 and March 31, 2014, respectively
There really wouldn't be a need for it. There's no toxic debt and we've got a continuous revenue stream. An RS would be the play of a broke company circling the drain. The only positive reason to RS would be to allow INMG to uplist.
Yeah, that 2 billion A/S is about as current as the named CEO who hasn't been there since 2014!
From your link:
Chief Executive Officer
PETER SHAFRAN
400 RELLA BLVD
STE 174
MONTEBELLO, NEW YORK, 10901
That's just to establish that VGTel, Inc. is registered in the State of New York as a corporation. They will not change that info (which is only current as of 2006) unless the corporate officers file an ammendment.
The SEC requires the latest share structure to be filed, not the State of New York! It's on the last 10-Q filed Feb, 2015:
"As of February 9, 2015, there were 27,075,203 shares of Common Stock outstanding."
We've been through all of this before.
Nice try with the lame info though.
I think I'll take my earnings and think seriously about never investing in another stock like this again!
A message for Amilya:
Amilya, you have been recorded as saying you read our posts here on the board.
You stated in the last 8-K that, as a publicly traded company, you could not respond to requests for information about VGTel through social media. Fine. You did make the following statement in the 8-K:
"I ask that you look exclusively to our official press releases and regulatory filings for updates, or contact our Investor Relations firm (details below) with questions regarding the specifics of your investment in VGTel."
Investor Relations Contact
Michael Briola, CEO
Motion Communications, Inc.
info@motionfc.com
I have tried several times to contact this published IR, but have not received any acknowledgement of having received any of my emails.
We have watched our investment drop from .03 to .003 where it sits today. Please talk to your IR and have them at least acknowledge our existence.
Thank you for your time.
I think most all of us echo those thoughts, whether we're invested and trying to look on the bright side or not.
Amilya wrote in the last 8-K:
"Despite significant remaining, ongoing challenges..."
The challenges are significant.
The challenges are ongoing.
Then she went on to talk a little about management's objectives and outlook.
Whether good, bad, or ugly, news will come.
She also stated that all news would come from official filings, not social media so I assume that's why we haven't heard a thing.
I have similarly tried to contact Amilya through social media. She hasn't blocked me however I have yet to hear back and do not expect it.
We all have valid concerns about the company. Who knows what's going on there. As far as Amilya is concerned, it would be a simple tweet for her to say she is no longer with VGTel. Then she would not get all of these messages questioning about VGTL. If she's no longer with the company there shouldn't be any legal reason for her not to say that. A gag order should only apply to legal proceedings, not employment status.
So I'm just going to assume she's still with VGTel. If she's still with the company then she must still believe that it can recover or there is something else going on. VGTel must have ownership of some material assets if the 8-K indicated that they were looking for financing for the company debt. Something must have attracted her to VGTel in the first place. She's all business and knows her way around corporate balance sheets and financials. She would have read all of the SEC filings before agreeing to step in.
All of the concerns addressed on this board would have been known to her and she would have had extensive knowledge of SEC requirements for reporting as well.
If any of you posters have any experience as a CEO or interim CEO of a publicly traded company please let us know your thoughts.
Very well said.
What do you mean "you doubt" that VGTL was ever a functioning entity. Either you know or you don't. Where did the modest income from VGTel come from from their financials? Did you check the 10-Q's and 10-K's? Just because Durante was a major shareholder, and that by dubious means, doesn't mean that the company wasn't doing business, and one of it's wholly owned subsidiaries was MPSS. Durante was involved in stock price manipulation, not the business of VGTel or MPSS. MPSS was doing business and was reporting revenues. State your case for certain.
Was MPSS a viable entity? And be prepared to back it up with facts.
.01 by next week when we are at .003 today is a little overconfident. But not bad enthusiasm. TPAC is a growing Aerospace company in a world market that has a tremendous thirst for growth, both in defense and commercial activities, especially in China.
We have gone from $.0007 on 12/15 to $.0033 (4.7x earnings) today (and that with a modest pullback.)
If you conservatively halve that earnigs ratio for the next month (1/15 - 2/15), we could expect to see a 2.3X earnigs ratio. That would put the pps up around $.007 mid way through February. That will only be possible with solid purchase orders from either Comac, AVIC and/or Boeing in the neighborhood of a combined 31.5 million dollars (given a SS of 4.5 billion shares. A pps of $.02 could be supported with orders totaling $100 million (for the year.) If you halve the share structure from buyback that would be a $.04 to $.05 pps the same $100 million in purchase orders.
Boeing (currently in talks with TPAC for bearing supply) had 762 deliveries for commercial jets in 2015. They have a remaining 5800 airplanes on order which permutates to 8 years of backlogged orders. What about Airbus, Beechcraft, Bombardier Business Aircraft, Cessna, COMAC, Dassault, Embraer Executive Jets, and Gulfstream Aerospace?
skorz, very well said and I could tell it took you more than one or two iterations of your post to get the wording excactly right. I agree wholeheartedly and I can sense having looked at how markets develope, especially in the high tech world, that EPGL is on the cusp of a "vision" revolution.
"The Force is strong with this one." - A huge fan of EPGL
scottie's got the correct tact on INMG.
Tom Coleman, CEO of Innovativ Media Group, has said numerous times that the share price of $0.05 is a LONG TERM (2nd quarter future profit: Q2 2016 - July/August report due) expectation.
I keep hearing about "what a great company, what a great stock, this is going to the moon, etc, etc, etc." This is NOT going to the moon in the typical OTC fashion. Oh, there'll be pumpers and profit takers that make their thousands of dollars, but the production features on the web (what Tom is building this company upon) are on a specific time developement schedule. It's like the filming of 'Star Wars' that Disney now owns. Have you seen Disney's stock price? Why is it still low? The release of Star Wars has still not effected it's pps. Why??? It's too early. The earnings of that blockbuster have been reported unofficially at the $billion mark and that's not including the foreign markets. But the typical investor in the big boards follow the financials. The financials for Disney's last filing are for the 10-K on October 3, 2015, before the release of Star Wars. Now, what do you think the the next Quarterly filing will show for Disney? If you're smart, you'll invest in Disney BEFORE that filing is reported. Why?
Even though stockholders expect it, there's nothing like a 10-Q filing that has a $billion in sales (ticket or otherwise) to boost the pps.
I have simplified this whole process but suffice to say, nothing big can be expected until Tom files his Q2 10-Q. Oh sure, there'll be growth in Q4/2015 and Q1/2016, but the real effect of the web productions of INMG will not be felt, will not be seen in actual real gains, until Q2/2016 (July/August, 2016). That's when share reduction through buyback and business growth from production will combine to produce, what ultimately very well could be and should be a $0.05 pps.
So if you're smart, I mean really smart (can you say long term), and if you've arrived at this company, Innovativ Media Group (INMG), then at .0002 to .0005, you have a real potential to retire early in life. If you wait until it hits .005 or .01 to invest with this web based Entertainment conglomerate (read Innovativ Media Group) then you will, in all likelihood, make a handsome profit (5-10x earnings), but, if you invest at .0005 or less...now you're talking retirement. And we're talking about August of 2016.
Now...When were you planning on retiring?
What methods do you suppose EPGL management are using to bring their patents into the corporate and government contractor eye (Google, Novartis, DOD, etc.)? I know Intel and Novartis have already been in communication with Michael and that Intel has ongoing joint development agreement (2 year beginning in 2015 w/EPGL) continuing as of this date in the wearable tech: http://www.otcmarkets.com/financialReportViewer?symbol=EPGL&id=141626
Your post on Novartis resuming relations with EPGL is spot on now that Coopervision has released the stranglehold.
The question is: How does EPGL market, first to the US and then to the world (including high level DARPA type organizations) this tech while not being railroaded to provide this tech at a loss of (Corporate) profits out of civic responsibility (Michael, are you really listening)?
This wearable sensor and augmented reality technology (spatial orientation and realtime overlay augmentation) has so many uses in the DoD that ALL governments would be inclined to adopt it or worse, steal it.
This is bigger than a billion dollar market.
I hope EPGL's security on their servers is up to the task.
I would think that with the SEC's filing of the criminal case against those involved in the fraud, the SEC would have the eye of scrutiny on the company as well. After all, part of the investigation has to involve the records of VGTL to determine culpability of all involved management personnel. I can't imagine with all that has occurred that the SEC would allow trading to continue if the legitmacy of VGTel, Inc., as a company, was in question. Especially since it involves possible financial harm to those still investing in VGTL. That is part of the mandate of the SEC. Any delay on their part in suspending an illegitimate public company from trading would only bring more harm to the investing public.
Could be!