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NEWS... The amended registration corrects the address. More proof this is a new deal with a new CEO.
There is a new CEO. Even if there was not, the past CEO never got money from shareholders because there was never an offering. When people by shares in the market they buy from other shareholders. None of that money goes to the company. If I bought 100 shares of XYZ Company, XYZ Company gets zero of that money.
All great indicators!
New CEO means sky is the limit!
YES!!!! LOVE IT!
Old information which is not true and does not matter.
New Company, New CEO... New Opportunities!!
New CEO, New Company... New Opportunity!
Agreed!
I would bet 100% there is a merger coming. Thats why people by these shells to place operating business in.
The volume look good and great to see market makers coming on board.
I think the new CEO may turn this into a viable company.
LOL more IMTV Humor
It is very clear that the most recent files so the new CEO. No question at all.
Well put. Lets see what he does.
Wow a real bid and ask. Thank god!
6,000 companies report through the alternative reporting system. Their total market cap is in the billions. A lot of people trust the ARS. I know I do.
4 years ago and a different CEO.
This was three years ago and a different CEO.
Filing SEC docs when you are a fully reporting company is really expensive. I would guess there was no money to do this so they could not do it. What is cool is that by doing the form 15 that the new guy did he can file with the alternative system which only cost 4k a year.
This is a total win. He can get caught up without all the costs and it doubled the holding period for any conversions.
Now if he just has a real company to put in here we have a chance.
Being that you are an admin. Is it possible to update the info thing at the top of this page. The stuff there is from 4 years ago. Also, does it need to say share selling scam at the top? That is really unfair for us shareholders that are hoping this will turn around. I want a chance to make my money back and to do that the new CEO needs a fair shot.
Crossing my fingers.
I'm sure he may still care about the real shareholders and be happy for them if this company is turned around. He went through a difficult time that was all the result of the Joe Collins trying to steal the company and then that stalker Larry stealing his name. I love that he put the company in the new CEOs hand to give us real shareholders a chance.
Omg there is a bid and an ask. I don't care what it is I'm just happy to see this happen. This is the first step to the new CEO turning this around. I hope every one gives him a chance. Very exciting.
The info box at the top of the page from this stock is 4 years old. Can the mod fix it with some recent info.
Also, can you remove the Share selling scamm headline. That is unfair to the new CEO. Give him a chance to turn this around for people like me that still have shares please. Having this title at the top hurts people like me and is unfair.
Everyone knew about this several hours before this post. This is a great move by the new CEO. It gets us people that hold shares in this company that much closer to hopefully seeing the share price back to a place when we are whole.
Reg D is for when companies raise money. The thing people are worried about is debt shares coming in and pounding the market. By filing the form 15, that makes them non-reporting. The SEC 144 law which applies here says that if a debt holder was to convert and get shares...
1) The can only get up to 5% of the outstanding shares.
2) They have to hold those shares for a year before the restriction is lifted off the shares and they could be sold.
This kills the concern about toxic debt. Say Asher has debt and they convert 40 million shares. They have to hold for a year now before they can sell those shares and they can't get new shares till they get rid of the first 5%.
This is a great move on the part of the new CEO to remove the possibility of being hurt by debt holders.
The answer to all these questions is no. There is nothing anywhere that says the company, new CEO or old one has any issues that could affect this company. Now with the new status that Joe filed yesterday, they are free from new share in the market and free from the huge cost of audits. It is clearly the next step to getting the company on the right path.
There is also a question because the OTC records show the X ceo is still there. That is because it was taken from the filings 3 years ago. I'm not sure when or how that system is updated but it has not been done so in 2 years. Below shows when it was updated.
Financial Reporting/Disclosure
Reporting Status U.S. Reporting: SEC Reporting
Audited Financials Audited
Latest Report Sep 30, 2014 10-Q
CIK 0001437596
Fiscal Year End 12/31
OTC Marketplace OTC Pink Limited
The new CEO has made a cool move with his latest filing. The old CEO has not been a part of this company for 7 months. I don't understand why there are posts after post with the old CEO named in them. He has nothing to do with the company anymore.
I think we give the new guy a chance to see what he will do with the company. I own stock still and want to see him turn this into something that may make my money back.
I would ask people that seem to care about others money here to give the guy a chance so we can get our money back. I would truly appreciate it. Its not a lot of money but if I can even break even I would be happy.
I just read this news. This is a very cool move on the part of the new CEO. Now new shares can't come into the market for a year.
Also, he can now file Qs and Ks through OTC markets which costs 4k a year total. Audits can cost a hundred thousand a year. So, the best part is all the money he would have to spend on auditors and accountants is now not necessary. They can get this company up to date with out all of the over cost.
Very cool move. I'm looking forward to seeing what operating company they put in this.
The 8 K is clear he is no longer CEO. Why is that so hard to understand.
I hope the new CEO is given a fair shake and a chance to do something.
There is no way they own shares from 3 years ago. There is no proof they have a single share.
Also, if people don't understand that when you buy shares in the market you buy from another shareholder that is selling, then should not be in the market.
LOL... Who care about what the X CEO said 4 years ago.
I'm going to stay here and wish the best for the new CEO and all of us that still have shares. I hope he is given the opportunity to turn this around.
No they are not. Not listed as holding shares anywhere. There is no listing of how many shares they have. It does not exist.
Agreed, I'm looking forward to seeing what the new CEO does.
I read them. Asher is not there. You are incorrect.
This is an interesting misleading statement...
Thanks John
I read these filings. Before this is when Collins started to try to take the company over. He attacked the CEO at the time saying he was fired in a press release which was not authorized by the company. That was taken down by the press release company.
Whats really interesting and this is all available to anyone that does any DD is that it really began when Collins lied to the people at the Up front meeting and said they where in 60 million homes. The CEO called checked the claim and found out they where in less then 5 million homes. That was the big lie that started Collins attacks on the CEO and the company.
Again before this the company was doing very well. This same person Joe Collins, after getting booted out of IMTV went to URBT and destroyed that company. He made outrageous lies there as well taking about show that did not exist and that they where doing an IPO for a dollar a share.
This is all there to see. Never before in the history of this company did any one have a single issue with the company. It was all Collins.
He is not hiding. He has 4 websites which he is all over...
http://www.stevenmsamblis.com
http://www.myenvisiontv.com
http://www.myhomeoffice.tv
http://www.themovienewsnetwork.com
having 4 websites with your name allover them is not hidding.
He aslo has 2000 videos on youtube. That it not hiding.
The only person hiding is the guy using the fake name that writes lies dayly about the X CEO on websites under the poor guys name. Now that is hiding.
Who cares what he sold his shares for? The old CEO sold his own shares which he owned and walked away. That is his right and it does not effect anything as to how much we was paid.
Interesting. There was no mismanagement here. There never has been any proof of this. The company had a market cap of 11 million and ran successful by the CEO for 8 years until Joe Collins came in and tried a hostile takeover. I filed false press releases saying the CEO was fire. That was proven to be a lie and was removed. He said the CEO filed a false statement with the SEC that was also proven to be a lie.
But, the attacks gave an open door to shorter and band wagon types to join in on the attacks. Nothing in any of the attacks on this site have any proof to them. Calling the X CEO a Scumbag, con artist and scammer with no proof of anything ever being done wrong is in itself wrong.
The only thing that did happen here is as people attacked with Collins at the front the price crashed and people that owned for years lost money if they did not sell. That is sad. But for 8 years this company was doing great until Collins came in and ruined it with his attacks.
As soon as Collins was fired from IMTV he did the same thing to URBT. That company is out of business now because of him also. That is the only real proof that anyone needs.
There are a lot of misunderstandings posted on this board. I am going to take the time to look at each one and offer the truth. I hope people will appreciate this.