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https://www.sec.gov/Archives/edgar/data/1109067/000168316818001883/movie_1a5-poc.htm
Please don't listen to anyone saying there will not be a RS. this is literally what was filed with the SEC last friday. read the whole thing if you want the second half is fairly repeat from previous filings. but the first half discusses the reverse split and then the offering of 8 mil shares. as well as what these funds from the offering are going for. If they are able to sell 75% of this new offering they will have enough funds to satisfy the need for their two current films they are working on. To me they need to work on their debt/equity ratio because they are minimal in revenues for right now so they can't pay down their debt so they shift to equity for funding. JMO
Totally agree Euro, I still have a lot of confidence just a big bummer that my shares are going to be cut by a lot. Still think this company has a solid future and I understand their logic behind this because they need more working capital to finish these films. we will just have to ride the storm
you can't honestly say that and claim intelligence lol did you even look at their release? I have always supported your confidence in the stock but that message showed some cluelessness... go check edgar yourself or you can click on the links I have posted. RS is imminent because they want to collect more funds on their next offering
I have also seen stocks bump up after a RS too.... all you need is a small bump up take a smaller loss/breakeven and run far away till the price is low again am I right?
Check my previous posts I posted it multiple times. or you can just look on Edgar
you still could the reverse stock split could then go up in value after the split you will just own less shares. you don't lose value of your investment unless after the RS then the price crashes
Wow what a great question there. You may have to ask someone else on that one
Not sure why people are saying EPS. net income is actually a net loss so even with an RS EPS would not all of a sudden become positive. they are talking about the value of the 8 million shares being offered after the reverse split. I encourage those who lack the DD to follow the edgar link below that shows the full release from MVES. for those who don't know what edgar is it is the filing service for the SEC... if you didn't know that maybe you should not be trading. Still holding for the long haul these movies will start to generate revenue once they are completed. just will own less shares is all. link below.
https://www.sec.gov/Archives/edgar/data/1109067/000168316818001883/movie_1a5-poc.htm
Number of shares of Common Stock outstanding before the Offering: 4,066,148 shares of Common Stock as of June 30, 2018 after adjustment for the one for 250 reverse split
Number of shares of Common Stock to be outstanding after the Offering: 12,066,148 shares of Common Stock, if the maximum amount of Offered Shares are sold.
Check out the link I posted a few messages ago. Released post market friday. doing a RS and then offering 8 mil shares
Seems like they are doing a 1:250 reverse stock split. then will do an offering of 8 million shares... aka they need more capital and are not able to secure debt notes. prolly because of their high debt amounts. kind of screwy but I still think the lang haul is solid just gotta take a bumpy road
https://www.sec.gov/Archives/edgar/data/1109067/000168316818001883/movie_1a5-poc.htm
idk what to think of this one. facts are they need cash to finish these movies and this seems to be the only way for the foreseeable future
What you forget is there is a pretty good wall at around .0008 and that was through the last couple rounds of dilution.... aka converting debt to equity which is fine in my book. it has never even been at .0005 in its life span... but apparently you know all....JMO
Wait I thought your prediction was always .0001? Jeez make up your mind.... you can’t even trash a stocks message board properly
Go home
Idk about years plural but I think with these two films being completed and revenue deriving from those and their movie channel subscriptions maybe a year out from penny plus land. imo
Just need some solid news released and this thing will fly. Anyone call Gordon lately?
I did but that's a solid wall that was touched for what 1 trade? sheesh rarely touches .0007. We will see it hover between .0008-.001 until any legitimate news comes out. this shows that people still believe this has a chance otherwise there would be a huge sell off. I am hoping they release an update on the amazon rev sharing and how many subscribers they are landing so far. I emailed gordon last week. He is very open and told me I could call him anytime for an update. I like that in a small company like this. And who knows, Netflix/Hulu/Amazon prime might need to outsource some of their filming and MVES could become a hot commodity. Their production quality is pretty solid in the films I have watched
I don’t think this thing has touched .0001 in its lifetime. But good luck with your illogical wild theories
Plus you probably are low on the list of priority so when someone does sell shares at .0009 you aren't even close to getting them. Just take them at .001 while you can
Because no one is trying to sell at .0009 the ask is at .001 try buying it at that price instead
SMH....
Well, not sure if I am the first subscriber but I am in. Can't wait to check some of the films out tonight and with more to come this is a steal
I think they are also holding off some content until they get their app released. More to come hopefully this week but this is a huge step forward.
I think their intention is to start with their original content and then bring in third party films to add to their channel. I think once they start generating revenue from their subscriptions it will only help them get more channels. They are butting into an already strong industry so this will take time but this is a great start imo
NEW WEBSITE! Anyone check their website this morning? Their movie studio channel is up and running
Luckus... more like Trolls r us... lmao
Keep in mind, that is just one line of their business model. They still plan to make original content that I would assume they hope to hit theaters with a few. And also sell the content to amazon prime and others. But yes a lot of overhead costs upfront but seems like a good long run plan
TIVO is essentially obsolete... I feel like a cable company bought them out. Roku's direct competitors would be the amazon fire stick, Google tv, apple tv, Chrome stick and I am sure a few others
Well like they said awhile ago... they want to charge a 2.99 a month subscription. I think if they can get in on the roku platform this could become deadly.
The best case scenario is this Vu me app is released and nets 50k in subscription revenue the first year. And then Pegasus is released next summer and has a gross revenue amount of 50 Mil at least
That happens I will be able to afford my own personal Island that this other guy can come serve me drinks all day
Good thing it won't take effect until september.... you know months away
Me and gordon can sip on drinks together while people like you jump out early... I am ready to ride this to penny land... and it will get there
I remember my first time trying to trash a company on the message boards. Pack your bags and move on if you think this company is so bad.... I will enjoy my martinis down in Mexico once this takes off.
Wrong.... they're still months away from a bill being signed let alone a waiting period of when the legalization will become active... thanks for the clickbait post tho....
Converting debt to equity is apparently a bad thing? go home and stop spamming. All I see is confidence in the company. Bye Felicia
MVES 10Q Released! Vu-Me to be released EOM! Big time news.... time to load up more then ever!
https://backend.otcmarkets.com/otcapi/company/financial-report/196092/content
MVES 10Q Released! Vu-Me to be released EOM! Big time news.... time to load up more then ever!
https://backend.otcmarkets.com/otcapi/company/financial-report/196092/content
Takes longer than a day to produce new movies and well functioning apps/programs. Just hold tight this baby is gonna run like Forrest Gump!
New!!!! bound to have news any day. Ol Gordy is going to make us all very rich. Buy now or forever hold your peace! -Kingward