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Nice Post, could not have said it better!
BTW, I only have 8 posts left for today from I-Hub so don't look for me to waste them on crap...
On the OTCBB, you have to have a Form 211 submitted by at least one MM in compliance with rule 15c211 to get a quote. Are you not clear on this point or do I need to get you some liks?
I am happy to answer you.
Nothing to hide.
Please just give me one signifigant reason why it is relevant?
The market is made of buyers and sellers and I could be on either side of the trade at any time on any given day.
BTW, I am a full time trader and this is how I make a very comfortbale living.
FUGO will trade OTCBB not Pink!!! Do you know the difference?
Talked to Hugo for 30 minutes yesterday. He is a dynamo with a true passion for his Latin community and the entertaiment industry. His primary focus is on revenue/financials and building an international media conglomerate.
He said not to expect pump type PRs or fluff without substance. He knows that the pps will only react with strong financials and his goal is to build a revenue machine.
He also confirmed that there are no shares for sale to the market other than those sold by the SB2 holders. The shares he owns are earmarked to be used for future acquisitions to maintain shareholder equity and avoid diluting the stock.
He said there is much more he would love to discuss concerning upcoming developments, but there was only so much he could comment on until it is officially disclosed via PRs and 8Ks.
Whats that Smell ~ Are you under the impression that the 15c211 has not been submitted?
FUGO will be trading before you get a response...
Any predictions on opening price?
Bashing Techniques 101
Lesson 1: Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or help a Short make their bones.
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The Basher will post this over and over again. Unsophisticated Bashers will try to freshen up old news with a new date or by-line in an attempt to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't Bash. They try to control the board. True longs may have to confront the Bashers or they will appear to the newbies as being the people with all the information. This is best accomplished by posting positive, well researched data on the company, repetitively, while trying hard not to engage the Bashers in direct repartee. REMEMBER - LONGS... RESIST USING THE BASHERS ALIAS!
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a Basher. The truth on startup companies is that they make mistakes. What new company hasn't? The Basher will compare your issue to a another companies, financials - deals - management, etc., trying to lure you into making an Apples to Oranges comparison. Remember each company is unique and while it is prudent to seek out established indicators, do so with care and don't take someone else's word for it. Strive to come up with at least a "six-pack" of indicators so your vision of the state of a company is not tied to a single barometer. Not doing so is tantamount to going to a Race Track and betting on the "Pretty Brown Horsey". BASHERS WANT TO WHISPER IN YOUR EAR - PLANT A SEED OF DOUBT, AND HOPE THAT YOU ARE NOT SAVVY ENOUGH TO RESEARCH THE TRUTH ON YOUR OWN. This is how they achieve their greatest success.
DOUBT + FEAR + LAZINESS = BAIL OUT!
This is your investment... work for it, protect it and don't panic on the words of very shadowy figure that "has your best interest in their heart". Consider that one factor: Someone you have never met, is not a member of your family, is now, out of the goodness of their hearts - GIVING YOU FREE ADVICE (that you didn't ask for). It's a no brainer. They have motives $$$$$$$$$$$$.
Lesson 5: Bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the vague statements they do. They rely on you being to lazy to research their droppings other than to scan the board for others opinions. This is particularly dangerous when you consider that Bashers work in packs and often validate and back up each others nonsense with what appears to be "innocuous and unsolicited" verification by comrade Bashers. Let's face it, we are all conditioned to "believe" everything we see in writing. If others by virtue of their "posts" also confirm this belief, then we are subconsciously doomed to swallow the hook, line and sinker... Basher - 1 Honest Investor - 0
Lesson 6: The Bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you won't know the difference (unless you have done your own DD on the company and know the truth and facts).
Lesson 7: Bashers play on your lack of patience. You have held a stock for a while. You knew it will be a big stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN. That's when the Basher is best. You are tired. You have forgotten the goal for the stock was to hold it for one year. The Basher is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a semi-Basher as well. THE BASHER HAS WON, AND GAINED A NEW ALLY - YOU!
Lesson 8: BRING THE PRICE DOWN. That is the Basher's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to scare the newbies that are just investigating a stock. They are trying to wear down the faithful longs on the board and gain free reign and control.
#1- Midas, Matrix, Hasher and Janice.
My challenge to each of you...
Please submit links to the posts on any board that you have brought a consistent positive light to through your research. My bet is that you will pass on this challenge. You are not investors, but career bashers or simply negative minded poeple looking to rain on someone elses party.
If each of you can give 3 stocks you have invested in with links to endorse your positive support I will leave this board for 1 month and you will earn a bit of credibility.
It's been fun guys. I'm off to the gym.
See yall tomorrow!
Proper DD is balanced and unbiased. The basher crowd has not posted a single item about the value of the CHUM news. That is easy work, but not in the gamebook of our friends trying to dig up dirt.
The people on this board are not the ones that will determine the fait of Fuego so it is all just fun and games for me. Hack away!!
Hasher, that is the job of the basher. To impose doubt and uncertainty.
You guys are really digging deep to try and find any tiny bit of dirt you can...
Obviously, someone has an ax to grind.
Please give me a link to your posted info.
Self deleted
Thats better info!!!
Worthless, in fact
Rendall has a pea for a brain, IMO. Fuego did the production on the UCAD corporate video. Got more than that then spill the beans.
Welcome back Midas what little do you have for us today?
Adot sub... your speaking over my head obviously.
Dummy it down a bit! lol
I found it!
Arizone Department of Traffic - Subcontractors
Thanks for the input, but that is not the case here.
ADOT seems to be trading just fine:
http://www.pinksheets.com/quote/quote.jsp?symbol=adot
Nope, has not started trading quite yet.
PR and 8K at the same time.
That is clean management.
http://www.otcbb.com/asp/Info_Center.asp (type in FUGO)
kkgd, what broker will execpt a short order on a .25 OTCBB stock?
The first few days of trading may be somewhat volatile as the stock finds a trading range.
Hey guys, if Monica Lewinsky and her purses can rise above the controversy of sucking on Bill's cigar... Hugo can certainly move past the days of Urban Casavant. LOL
1 month from now I predict that Urban will be a non-factor in the story of the Feugo Entertainment.
BTW, if my recollection is correct Hugo and Urban originally met during the production of the UCAD corporate video. Fuego had been hired as the production company.
Well Janice I have had 2 glasses of wine and this next one begins with a toast to you my dear. Have a wonderful weekend and remember there are truly bad guys and dirty deeds for you to flush out, but they are not involved in this one.
Slap on the ass and a wink...
Squeegee
Janice, Hugo owns 24 million shares of the 34 million. They are all 144 shares.
Janice, please keep in mind that all the classes of stock are resistered via the SB2. That means all restricted and un-restricted shares.
The float is the OS minus restricted shares. Restricted shares are not in the market.
34 million OS - 24 million restricted = 10 million float
I am sure we are just on different wavelenghts because as a professional basher it's your mandate to know these details better than me. LOL
Janice, there will be around 10 million un-restricted shares in the free trading float. Many of these shares are long-term holds for the pre-ipo investors. Only a portion of the 10 million will be available to trade hands in the near future as some will sell some shares to cover their initial investment.
2 million or 20% of the 10 million may very well be a good estimated number of the number of shares available to buyers.
Pink Sheets vs. Bulletin Board - Know the Difference.
Anyone who deals in the less well known and capitalized stock names has, by definition, a more robust risk tolerance than your standard ‘widows and orphans” type investor. For that reason, these hearty high risk/reward types tend to gravitate toward the more speculative stocks. And their hosting Exchanges…
There seems to be some confusion among readers regarding where Bulletin Board (OTCBB) and Pink Sheet (PS) stocks rank in the investment food chain. There are similarities, but also some significant differences. Both take listings by Market Maker subscription (instead of company application as on the big Exchanges) and are competitive quotation driven markets. While both markets are speculative, how a company gets to and stays on the OTCBB or the Pinks provides both the differentiation and ultimately the varying degrees of investment risk.
While OTCBB stocks are regulated and are required to provide financial information by remaining current in their filings with the SEC, Pink Sheet stocks don’t and can be a bit of a wild-west show. The Pink Sheets are basically just a competitive customer/market maker quotation service provided over the Internet and bereft of any reporting requirements. Any filing of financial documents is strictly voluntary. Accomplishing anything approaching due diligence by investors within that realm can be like riding a three legged horse. Pink Sheet investors have to virtually depend solely on the company for information, which could carry an unhealthy amount of bias.
There is one trend, however, that is benefiting and growing listings on the Pink Sheets. Given the prohibitive cost and regulation associated with an ongoing listing on a larger Exchange—Sarbanes Oxley, etc.—more companies have opted to go to the more welcoming Pink Sheets in their formative stages. With $100’s of thousands on the line to comply with an ever growing list of regulatory requirements, the cache of a legitimate Exchange listing may be just to onerous to a smaller company.
The broad difference between the two markets is categorized thus: The OTC Bulletin Board® (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. The Pink Sheets are not owned, operated or regulated by The NASDAQ Stock Market, Inc. or indeed any Exchange/regulatory entity. Pink Sheets LLC is a privately owned New York-based company delivering an Electronic Quotation Service, which only provides an Internet-based, real-time quotation service for OTC equities and bonds.
Neither Exchange has listing requirements coming remotely close to their larger brethren. They are, indeed, subscription services as opposed to an issuer-listed exchange such as the NASDAQ, AMEX or NYSE. Basically, if you have the fee and a broker sponsor, you can list on the OTCBB or the Pinks.
The main strength to OTCBB over the Pinks is that if you see an ongoing quotation showing on an OTCBB stock, that means that it is current in its regulatory filings—a necessary component to remaining listed. If the company is late filing, an ‘E’ is attached to the quote symbol until the situation is rectified. If the company fails to file within the 30-60 day grace period, the security will be removed.
And likely moved, unceremoniously, to the unregulated, non-reporting Pink Sheets. Starting to make sense?
Quotation of OTC securities on the Pink Sheets is subject to Rule 15c2-11. The issuer of the security may not apply to list or quote it on the Pink Sheets. It is a market maker that determines whether to quote an OTC security and initiates quotation by submitting a Form 211 to the NASD. Since there are no reporting requirements, it is actually possible for a market maker to quote securities in the Pink Sheets without the knowledge or permission of the issuer of the securities.
While Rule 15c2-11 is also necessary for the OTCBB folks, ongoing SEC filings are required. It’s pretty safe to assume that because of this reporting that the OTCBB companies have a more vested interest in the trading of their stocks as well as keeping shareholders informed.
While the Pink Sheets has been categorized as the ugly stepsister of the market, the OTCBB is more like a second cousin of the NASDAQ. The main differences between the OTCBB and the NASDAQ is that the former:
* does not impose listing standards;
* does not provide automated trade executions;
* does not maintain relationships with quoted issuers; and
* does not have the same obligations for Market Makers.
The OTCBB provides quotes on over 3300 securities through approximately 250 Market Makers. The NASDAQ has no dealings with OTCBB issuers; its role is to establish a fair and orderly market for its customers. Any beefs one may have with an OTCBB company goes through the SEC. The NASD deals with broker/trader conduct.
The Pink Sheets, originally a dealer to dealer telephone market, derived its name from the color of the quotation sheet published and circulated daily for these mostly microcap, formative securities. Even I remember those…
Up until a few years ago, with the advent of the Internet, there’s a good chance most investors had never heard or dealt in the Pink Sheet world. Since then, its visibility has improved to a point that issues and volumes have increased exponentially. While this may have added to the ‘legitimacy’ of the Pink Sheets, investors need to be very cautious; mainly due to the lack of regulatory filing requirements as well as a pretty much complete dearth of ongoing news and objective information.
Caveat Emptor. Truly.
Oh, and here are the OTC sites: http://www.otcbb.com and http://www.pinksheets.com Enjoy…
http://www.smallcapnetwork.net/archive/listserv/20060224-1.html
Rabble and Hasher....
I am sorry for not having the time to give you more detail in my DVD post. Had a Crab Festival going on and had just dropped in to change shoes....
The negative comments concerning delays on the DVD were brought to the company's attention by several people including myself. Fuego promptly issued a response through their company mailing list. The contents of my previous post are an excerpt from that email.
Sorry for the confusion.
Rabblerouser, your issue has been handled....
When Counterfeit Conspiracy is completed the DVD's will be shipped as originally planned. We have unofficially received information that there are some who purchased the DVD's that are unhappy with the length of time required to complete the documentary. Anyone who purchased DVD's that prefer to have their money returned instead of receiving the DVD may contact the company for a refund. Please call or write to Dan York at 214 675-2531 or email ir@fuegoentertainment.net to arrange a refund. Anyone who purchased the DVD that does not contact us for a refund will receive their copies of the DVD prior to the documentary general release.
One Million Millionaires:
Final stages of production waiting for additional developments to complete the story.
This is a documentary that will capture the life of a controversial individual, Mr. Urban Casavant and his dream of making 1 million millionaires. For some he is the hope of their life, for others he is a dreamer, and some believe he is a con man and crook. however, thousands follow him and wait patiently. The film will cover his life from being a low-income earning prison guard to multimillion-dollar businessman. Whether the final chapter proves him to be saint or sinner, this documentary will chronicle Mr. Casavant’s life whether it leads to vindication or imprisonment.
Counterfeit Conspiracy, the Fuego Entertainment documentary on Naked Short Selling, is still in production close to completion. Fuego Entertainment expects to issue a press release in the near future announcing completion and a release date for the documentary. The unrestrained selling of Naked Shorted Shares into the market is a huge scandal that has been devastating to both the investors and to the companies that are targeted for Naked Shorting. For many reasons, completing this documentary has taken much longer than was originally planned. When Fuego Entertainment began production of Counterfeit Conspiracy, in order to help finance the project and filming the rallies in New York and Washington DC, Fuego offered pre-sales of a DVD of the documentary. When Counterfeit Conspiracy is completed the DVD's will be shipped as originally planned. We have unofficially received information that there are some who purchased the DVD's that are unhappy with the length of time required to complete the documentary. Anyone who purchased DVD's that prefer to have their money returned instead of receiving the DVD may contact the company for a refund. Please call or write to Dan York at 214 675-2531 or email ir@fuegoentertainment.net to arrange a refund. Anyone who purchased the DVD that does not contact us for a refund will receive their copies of the DVD prior to the documentary general release.
Additional information along with still photographs made during production of these and other Fuego Entertainment projects may be found on the company web site at http://www.fuegoentertainment.net.
Have a great 4th of July Guys!!
Cool! That is why I asked the question. Thanks for the input.
Would you agree that at one time those were the only 2 mining operations in Saskatchewan that had moved beyond the exploration stage?
Jim, you missed this part...
"It is not part of our revised script for our show to visit any gold mine in Ecuador. Mr. Pulluccino is no longer the main character on our show and therefore will not be making any visits as part of the cast of the show."
Maybe Mr. Pulluccino was mistaken in his appraisal of the Canadian mining industry? He was a potential character on one of the company productions and not an employee of the company.
http://sec.edgar-online.com/2005/11/22/0001199835-05-000661/Section18.asp
Q: are you in any way qualified to speak for this company?
A: No, I just took the time to contact the company within the last 30 minutes. Do you need the number?
Q:By your statement are you saying you are an employee of the company in some sort of way?
A: No, I am not an employee, but am waiting for a CD too.
Q: Did you get free stock? Or SB2 stock at a premium and you have a vested interest in pumping this company so you can dump your shares on incoming investors you bring into the mix??
A: No free shares. I have a large investment in this company and plan to sell a small portion of shares within the first 30 days and hold the rest long term. I have done my research on Hugo and his plans for Fuego's future. Have you?
Next question please!
You have an opinion and I have one too. The difference is that I have put my money where my mouth is. Watch and learn how a legitimate company can prosper on the OTCBB.