"It's never too late to learn."
Followers | 119 |
Posts | 6,959 |
Boards Moderated | 1 |
Alias Born | 08/26/2011 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I guess we will see soon enough..
The Rainmaker:
LUXD: Movie Stock Doing A Reverse Merger....looks promising. Added some shares of this low floater.
Shares O/S 51 million, float is around 7 million
Insiders own around 43.5 million of the 51 million shares O/S.
As of July 8, 2011 the Company is in active negations with a party to do a reverse merger which will result in a change of control of the Company with a new, different and considerably larger business being vended into the Company
The Company is engaged in negotiations to do a reverse merger with a larger Company operating in a different field. If successfully completed the transaction would create greater liquidity for the new Company.
The Company is currently in negotiation to do a reverse merger with a larger Company with far greater liquidity then Lux
Breakdown of all Shares O/S: Insiders own 45 million of the 51 million shares.
The Company issued both common and preferred stock during the period ended August 31, 2008. 2,000,000 shares of common stock were issued in exchange for future radio media initially valued at $200,000. Another 2,000,000 shares of common stock were issued in exchange for a completed but unexploited film valued at $200,000. Also, 990,000 shares of common stock were issued in a private placement for total proceeds of $97,440. The remaining 43,000,000 shares of common stock and 2,500,000 shares of preferred stock were issued to the founders of the Company in exchange for the rights to film assets, a number of "brands" , domain names and other assets valued at $197,402, which was the historical cost of these assets to the founders, and for future consulting services. The amount of shares issued for these assets was arrived at through negotiations and management believes the fair values of these assets are equal to or greater than the values assigned.
The 2,500,000 shares of preferred stock are convertible to common shares, at the holder's election, at a rate of 10 common shares for each preferred share, provided they have been held for at least two years.
The Company issued 500,000 shares of common stock to an officer of the company during the year ended August 31, 2010. The shares were valued $0.02 per share for a total expense of $10,000.
The Company also issued 2,183,400 shares of common stock for services during the year ended August 31, 2010. These shares were valued at $0.01 per share for a total expense of $21,834.
Also during the year ended August 31, 2010, the Company returned 400,000 shares of common stock to its treasury.
On February 9, 2011, the Company issued 1,265,823 shares of common stock in exchange for $10,000 of the convertible note payable.
The Company had 51,539,223 shares of common stock issued as of May 31, 2011.
Thank you
best
You seemed very positive before...you're tone changed.(with any stock, caution is necessary)
Lets hope for the best
Don't take my comment as a negative, "all good"...thanks for posting, it is a board for discussion.
I wish nothing more than happiness/success at the end of the day for all holders.
best
I like the last question....you gotta love the what if's....what if my 1 million shares are worth 1 million $$$$.
best olandug
Good Morning All,
It is hard not to think of what will transpire...day??? week ???
best
It will be interesting to see....
best
Could be...looking at other companies that went through R/M, the run never really took off until days later...all companies are unique, I guess it is "wait" and "see".
best
Nothing is ever a smooth ride but I hope that those that are holding make plenty of $$$.
best
Yes, you are right. It would be better to at 0.01 or greater when news hits. I find it hard to believe that someone would sell in the 0.006's.
best to holders
I personally think Cajari will not be buying any large amount of shares anytime soon or any for that matter..he has played many mind games here, his posts clearly indicate the type of individual he is.
best to luxd holders and new buyers
I got filled...
going in...
I will jump in..let me know when???
I think it is safe to say that Cajari is all fluff...400k???? He won't be buying (IMO)
Thanks for sharing
best
Count me in...GO LUXD!!!
Have a good weekend luxd holders...
cheers!!!
It would be nice to see that run ...moving forward and up fortunately or unfortunately leaving some behind
Best
All in place on my side...I see my # of shares and value.
All good
best
Are you planning on selling some shares at 0.006???
Good Morning All
cheers!!!
np...was not sure if I missed something
best
np...was not sure if I missed something
best
Sorry...what does mcz have to do with LUXD?
Good Morning All
Things happen when you least expect it.....
best to LUXD holders
I jumped in and added at 0.007
thanks
What is going on today???
That is great...
best
Exactly...how do you make sense of that.
best
They are still very cheap...start buying!!!
gl
No problem...a group that can help each other is a step in the right direction.
best
That would be a nice way to start the week. I do not see anything yet...
http://www.sec.gov/cgi-bin/browse-edgar?company=lux+digital+pictures&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
have a great weekend
best
I bought a small amount of 21000 @ 0.009....
best to LUXD holders
Have a good evening...kick back and have a drink...