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We had a couple of mega flippers that were posting all the time the same old mantra about "no convertible debt, no convertible debt, no convertible debt" and that had obviously loaded tens of millions at .0001 and .0002. When we hit .0005 several weeks back they dumped their shares never to be heard from again. It tanked the stock right when it needed the most support. Otherwise we'd probably be around .0006 to .0008 right now as we all waited for the next news.
I invest in some stocks mostly because of the CEO and other stocks mostly due to the product. This one I'm in for both reasons. Mainstream TV is absolutely changing due to the internrt and streaming. All you need now is an internet connection. You don't need a subscription TV channel service. Companies like Netflix and Amazon have seen to that. This is the direction Tom is going in. It's the future of home entertainment. It would be like investing in NBC or CBS back in the 1950's. And...Tom's got over 25 years in the industry so he's got some good forward thinking ideas for new channels. Yeah, he's got The Alien Interview channel, which has a small cult following and probably won't go very far, but that was inheirited with the merger earlier in the year. He's focused really on his own new ideas.
The fantasy sports is just a means to an end revenue wise and is controlled by another company so I wouldn't expect too much to come from that in the way of expansion.
Just my two centavos...
jd, don't think for a minute I think you're nagging. Quite the contrary. You do your DD and your perspective and concerns are legitimate. It is unusual to have the disconnect between the CEO and IR. I was just considering a possible reason for it. I think this month will give us a telltail on what's happening.
com·po·nent
k?m'pon?nt
noun
1.
a part or element of a larger whole, especially a part of a machine or vehicle.
"stereo components"
synonyms: part, piece, bit, element, constituent, ingredient, building block;
Show the company policy or memo from Boeing that states that. They want certified parts and they want them for the best price. If the company they offer a purchase order to can deliver the parts, they get the contract.
They'll probably test them out first with a smaller order like that $100k order TPAC got from the Chinese company. Especially if they think they're going to save money buying from TPAC. Cost and ability to deliver is the bottom line when it comes to parts.
You just indicated Boeing buys landing and nose gear components.
A component can be anywhere from one part (like a bearing) to completed sub-assemblies from other companies, which companies in turn could buy individual parts from Trans Pacific for that sub-assembly that Boeing ultimately buys.
I think it's a communication issue between Tom the IR. Here's my take:
Tom is definitely old school when it comes to the business end of INMG. He made clear what his goals are and how he's going to achieve them. That's how the interview went down. Very matter of fact. He seems like the kind of guy that is satisfied with the information he gives and letting the INMG financials do his talking for him. I think that once his pride and joy, Mountains of Madness, passes the three first episodes being ready to distribute (or whatever stage he feels is major), you'll see an 8-K or some other method of letting us know the progress. I don't know if he'll use social media or just stick with the official report filing with the SEC.
Which brings us to the IR company. I'm not sure how the IR companies work, but I'll bet they're pressing him for news for the shareholders that are bombarding them with requests for updates. This is probably going against Tom's grain. He has continually, in the various published interviews, mentioned the second quarter as where you'll see things start to gel for the company and the .05 stock price to become more viable. The current share price probably is not of concern to hime at this point because he's stated he's not going to dillute to raise capital for his new projects.
So who's to say that he might have mentioned to the IR that he'll have something at year end for the naggers (sorry folks but that may be how he feels about any who demand status info, maybe not). But when they call him he shuts them down and throws "more than likely next week" at them, not really wanting to have to deal with it at all. So the IR is stuck in the middle and simply relays what they've heard.
I think Tom is at a point where he doesn't want to be bothered right now. Does it mean that INMG is failing? Not at all. It's just that he's old school and runs things his way...which, unfortunately, means news when there's news to report. Not news for the sake of news.
I can't say that I agree with this style of CEO but maybe it'll work for Tom. Most of the posters here seem pretty stable and willing to wait.
I think the animated series Mountains of Madness is only the beginning of his ideas. It includes a Lovecraft Channel. I think he's looking at it more as an internet producer of many specialized channels.
He sees more than we do having been in the business for so many years. He knows where he wants to exploit it. I believe he knows that existing assets are only a $200k a year income source but he's using those to finance his other new ideas.
I think the animated series Mountains of Madness is only the beginning of his ideas. It includes a Lovecraft Channel. I think he's looking at it more as an internet producer of many specialized channels.
He sees more than we do having been in the business for so many years. He knows where he wants to exploit it. I believe he knows that existing assets are only a $200k a year income source but he's using those to finance his other new ideas.
The retail UHD/4K TV market needs all of the previously produced analog and standard HD movies and shows converted to 4K or those higher priced new UHD TV's are no better than a standard HD TV with the exception of new material shot in UHD/4K.
Bill has bought back just slightly over 1 billion of the shares out of the float as part of the 1.8B buyback plan. There were some shares (500M) reported on the Q2 quarterly filed in September that were retired from the float (before July) by conversion to preferred stock which is beneficially owned.
That's a valid concern with any company, however, do you know where that 20 million dollar deficit came from?
Hey FLIPPERCHOMPS! You can get your Harley's back now!
I had heard awhile back that EPGL felt they were way undervalued and that a reasonable pps was between .88 and $1.00.
What do you all think now?
He's definitely doing it right.
That's right whit, and what percentage of traders ever make the grade like we are?
You know, I've been following TPAC since the beginning of the year (others like yourself much longer) and when I examined Bill's business plan for a shop in China and the Navair certs, I knew that if the shop broke ground this was going to be "off to the races." When he said way back before March that production wouldn't be ready until December and photos and updates on the progress systematically were posted, I knew he was on track with a realistic timetable, not pie in the sky stuff. From a manufacturing prospective he was right on with the various goals and accomplishments. There was so much bashing going on of Bill (mostly silenced now) that I felt it was akin to character assasination that made me root for him all the more. And finally, one conversation that I had with one of the negative moderators was what made me not just feel, but absolutely know for certain, that the negativity was false propaganda. When I said that the other branches of the military relied upon Navair certified parts for maintenance and he came back with something about only the Navy using them, I knew he didn't have a clue about what he was talking about. Even Bill was surprised by his ignorance. That moderator lost all credibility from that point on.
Here's to due dilligence and foresight!
We have it or we wouldn't be here.
And here's to the tenacity and foreward thinking of Bill and the board of directors.
Live long and prosper!
Yes!!! I'm riding this into the rarified atmosphere of the Nasdaq. I'll need extra bearings for this flight...oh, that's right...we've already got them!!!!! :)
Champaign dreams and Caviar wishes!
Same hear Rock. First quarter will be good for INMG but the second quarter will rock!
Yeah me too. Had 60 million when it initially went up to .0014 then sold 20 mil on the way back down to .0008, but then up she went and I had already invested the sales in a couple other potential boomers. So, I'm sitting on 40 million that I bought at .0005. Wish I had 60....
Oh well!
That's good info! I really think that Tom's got the pulse of the company well in hand and that he probably won't need all that time. But hopefully, if he does go to March on the 10-K, he'll be proactive in filing some 8-K's along the way to keep us informed. It certainly would be in his best interest.
Cheers to Q2, 2016 with INMG.
Thanks K. Always good to know the facts.
INMG..."TO THE MOON, ALICE!"
I'm sure we will. Tom's not going anywhere without the support of the shareholders and he knows that. He'll have something out to us in January.
It'll be a good report, although maybe not outstanding, and we'll see the pps head north. That's what Tom is also interested in.
I'm sure we will. Tom's not going anywhere without the support of the shareholders and he knows that. He'll have something out to us in January.
It'll be a good report, although maybe not outstanding, and we'll see the pps head north. That's what Tom is also interested in.
I thought the 90 days was for the 10-K Annual report. But, you may be correct about that. However, it's highly unlikely that Tom has to wait that long. He does realize that he needs to keep the shareholders in the loop as it were and there's probably not much of a reason to delay the filing. Seems to me with that last financial report that he knows the exact financial situation of the company for reporting purposes.
You probably won't get 1.4 million at your bid. Most of the shares are locked up tight. You'll probably have to raise your bid 50,000 at a time.
Wish you the best though! 1.4 in the 5's would be a score indeed. :)
We're fine at .0002 guys. There's simply not enough volume to get to 3 before Jan 1. It doesn't matter as I'm sure fatmike will also agree with. If you're sitting on a bunch of shares bought at .0004 or less, you're good. Use this time period to accumulate at .0002 if you can. This will not move on anything short of solid news, either a financial filing (not due until Feb 20 but more than like will be published in January) or an 8-K showing some of the latest pr on our revenue sources and project updates, but the bottom line is that it will move up. It's a waiting game for the next few weeks.
The company has great assets that are a solid revenue stream if you look at the website and compare those with the last quarterly financial report. Tom lists the majority of those revenue sources in the report. Tom's also a producer, which is why he has launched with the ambitious project, Mountains of Madness. So he's interested in using Innovativ Media Group to create new product while relying on existing revenue sources to fund these projects.
His last step on the way to the estimated .05 share price will have to be a share buyback/reduction plan. He's already demonstrated that ability back during the GBGM acquisition where he cut the share structure in half.
Right now it's just a waiting game.
The Q1 2015 10-Q was part of the "bringing back into regulatory compliance as a fully reporting company" that the audit, to be completed by the end of October, was supposed to assist with. The audit has more than likely been completed since VGTL was not relying on their own CFO to perform but had engaged the accounting firm of Malone & Bailey to perform. There is no requirement to "file" an audit on the OTC, however, the 10-Q's are required. The 8-K from Amilya stated only that that first 10-Q would be filed "shortly thereafter" and "any remaining outstanding filings soon thereafter." "Shortly" is a relative term in the business world that could allow for 2 or 3 months. It's been 2 so far since the end of October.
If you examine the context of the "legal action" mentioned in the last 8-K that they were attempting to "stave off", you'll notice that it has to do with renegotiating financial debt. You cannot "stave off" legal action or proceedings in a criminal investigation or by the SEC. She then continued in that same line of thought mentioning exploring avenues for raising capital more favorable to the company. Regarding the involvement of VGTL in the latest SEC complaint, VGTL did not funnel those investor's funds into Durante's pockets. A large share of those funds were fraudulently never invested in VGTL where the investors thought they were going. I think any SEC issues with VGTL were primarily in examining the books to track those funds to see who did what with them and where they went along with Durante's manipulation of the stock price. The audit, no doubt, was ordered by AA to assist in establishing the actual financial status of the company.
You'll see the Q1 2015 10-Q filed in January along with an update on all these issues and progress made with the business plan in the form of an 8-K, along with perhaps a VGTL twitter account for smaller and more frequent updates than the 8-K's provide.
January is the month for VGTel.
They did last year. I've been looking on the CES2016 website map for their registration. I haven't seen it yet, but it's been 2 weeks since I looked the last time.
January will be a turning point for VGTel. The CES2016 show (Jan 6-9) , like CES2015 was for VGTel, is an opportunity to form business partnership arrangements and reignite old ones. Although the show is an opportunity to showcase your product, the two weeks immediately following this show are normally a time where partnership deals are hammered out.
No doubt AA will be busy the first 3 weeks of January, so if an 8-K or the much anticipated audited 10-Q has not been issued yet, we should expect it immediately following this boilerroom period. The 8-K should provide updates on most of the issues from the previous 8-K. Progress on the company business plan, any remaining debt financing hurdles, focus on the goals for the next 3 to 6 months of company direction, perhaps the current share structure (although that may have to wait for the 10-Q), and a thank you to all of the shareholders who stuck with VGTL for the past 6 months.
We'll see but we should definitely hear from our CEO shortly. One if her business axioms has been that money made at the beginning of the year is more important to a business than money made at the end of the year. 2016, if the 4K/8K production studio is intact, should be a rainmaker.
EPGL all the way vs...T minus 2 and counting!
I just looked. It just went below 50
If you were the holder of most of the stock and you wanted a to convert a little to cash, when would you time it?
1.) You have an announcement that will effect the share price, perhaps significantly.
2.) You want to avoid the capital gains on your 2015 tax return.
3.) You'd like to be able to see the share price appreciate as quickly and/or as soon as possible.
4.) You want to start off the new year with a bang to reward your loyal stockholders.
When do you announce?
Sounds good to me. Wake us up when it's time to go to the bank!
I can't say other than what's been said already.
Almost...
Probably not until we get something solid from AA, although I could see this start up again in January on speculation that Amilya will update us in January.
OTC Markets not updated yet. It is indicating a revision date as of July 2015 still.
I have a felling that vikingzskillz is holding back.
Can you read between the lines?
Better to be in the right place at the right time than the wrong place at the right time...
It will come as a surprise to the doubters too, I'm afraid. The only reason we're in this is because Amilya Antonetti is in this. AA's message (news) will be succinct and quick, just like her last 8-K. She's a no-nonsense type 'A' businesswoman and she doesn't have time for mediocrity. You might have noticed in her #365wisdom clips that she is fair but makes business decisions without mercy. Unfortunately, that's the way a profitable entity has to be run in today's business world; or you lose. You need a CEO that is not afraid to make the tough decisions and then see them through to the finish. I'm sure at home, she's a compassionate and loving mother. Not in the business community though. In the business world you reward loyalty. Period. The people around you who do their job. You back up and support those brave enough to tow the company line. That is why the businesses she has developed on her own and that she has had the opportunity to assist have been very successful.
That's why VGTL continues to accumulate; inspite of all the negative publicity caused by the former holder of the majority of shares in VGTL, Mr. Durante, now under investigation by the SEC and others. If Amilya Antonetti had bowed out of VGTL, you would have heard about it immediately. Too much bad press could have resulted to her had she remained silent about VGTel and it would not have been fair to the shareholders, whom she holds valuable. She has always been brutally honest and she has never been afraid of criticism. "Never put upon others what you cannot endure yourself." A good motto to live by.
January and February will be solid months for VGTel.
I'm feeling that with all this share reduction, as has been mentioned before, Bill is really pushing for an uplist. That is the golden nugget. It totally adds a another level of legitimacy for potential traders and future long term owners of TPAC that usually avoid the OTC.
He's got to get the pps up and this is one way to do it. He's obviously establishing trust in the Chinese business community with his involvement at these trade expos as shown on the @tpacbearings twitter account.
He's providing substantial news in a timely way to keep us informed. Outstanding. Purchase orders have already started. 8-K is filed.
What more can you ask of your CEO, Bill Mckay and associates Greg Archer,
Jason Arnold, Kevin Gould, and Clairmont Griffith?
The Dream Team for China 2016
You came to the OTC in hopes of finding the one big rainmaker.
You have found it here at TPAC. It happens maybe once every few years, but only once in your lifetime.
Don't let it slip through your fingers. Hold on tight to the future, now.