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.
Buy volume was 780,000 shares, sell volume was 8,350,900. The only reason it closed green is the tiny ask slaps at the end of the session. With 2 minutes and 15 seconds left in the session, someone slapped the ask with an order for 5,000 shares with a total value of $9.50, followed by 2 more ask slaps of 2,000 shares with a total value of $3.80 each.
I know Eddie. I'm aware that all of the music in MPIX's library is also in lots of other companies libraries. And many companies are already selling the same music. I was just making the point that MPIX doesn't have even a single distribution channel for their library.
Where could I buy MPIX music today? To the best of my knowledge, nowhere. And if a potential customer can't buy MPIX music anywhere, the chance of MPIX generating any sales anytime soon is slim to none. Pretty simple concept, and it explains why MPIX has sales of zero.
That's exactly what you said on April 20th when RFMK was trading at .0031 Had anyone followed that advice, they would have lost over 70% of their investment.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74632921&txt2find=bottom
Well......try and get your capital out of EMXC. Let me know how much of your investment you have left.
I find it illogical that all the same bulls from the EMXC board, people that constantly said they were loading the boat on EMXC shares, always buying more, always saying they are putting more and more money into EMXC, would be over here in MPIX and asserting they're loading up MPIX shares. How logical would it be to lose all their money in EMXC, and be stating they're loading MPIX now, buying every dip, great buying opportunity, etc etc. I find it highly illogical, and in my opinion, these old bulls from EMXC were not actual shareholders and never were buying EMXC. Because if you lost your entire investment in EMXC, those same folks wouldn't be buying MPIX. An investor loses their entire investment with Roxanna, and now they're coming back for more? It's just not believable and completely illogical.
Did anyone check out the volume in RFMK today? There were 54,680,394 shares traded. Buy volume was 7,053,129 but sell volume was 47,629,394 shares. Some major dumping.
You can read blog articles or you can examine the facts in SPBU's actual corporate filings. Now if you take a look at the most recent SPBU Annual Report 10-K, you will see that revenues were $958,886 in 2010 and revenues were $399,343 in 2011. So comparing 2011 results to 2010 results you can see that revenues are less than half what they were the year before. Now for 2012 you can reference SPBU's 1st Quarter, 2012 10-Q results and revenues are off to a good start versus the same period of 2011. In SPBU's 1st Quarter of 2011 the company reported revenue of $37,594, and in the most recent 2012 1st quarter revenues were $244,315....up 6.4X what they did in the 1st Quarter of last year. However, while revenues were up 6.4X what they did in the same period last year, net losses are more than 29X higher compared to the first quarter of last year. In Q1 of 2011, net losses were $48,963. In the most recent Q1 of 2012, net losses are now $1,422,595. So while the company sales have increased 6.4X more than they did in the same quarter last year, losses are more than 29X larger. The bottom line? The more the company sells, the more they lose.
Just look at the trading data on MPIX today because the sell/buy ratio was off the charts, and it's a clear indication of the manipulation in the trading today. Amazingly the buy volume was 208,500 shares. Sell volume was 9,708,400 shares. Or a sell to buy ratio of more than 46X.
I was examining the most recent SPBU Quarterly Report. Did anyone notice that net losses for the quarter were 29X greater than the net losses in the same quarter last year? In the 1st Quarter of 2011 SPBU posted a net loss of $48,963. In the most most recent 2012 1st Quarter SPBU posted a net loss of $1,422,595. IMO, get out as fast as possible.
Just click up above on the trades today. Look at all those tiny ask slaps for $2.20, $3.90, $5.76 and $11.50. And those ask slaps coming within minutes of large sell orders. It's extremely clear that the PPS is being managed and the funny thing all those trades are meaningless other than to paint a false tape. Because the reality is the stock is worth what someone is willing to pay for your shares, and if you can't get anything close to the current PPS, it's really not worth the current PPS. IMO this is an issue that needs to be addressed by OTC markets because current rules throw normal supply and demand equations out the window when spreads between the bid and ask are wide. Look no further than todays buy/sell ratio. Buy volume was 208,500 shares, sell volume was 9,708,400 shares, with sell volume outpacing buy volume by more than 46X. Does it make any sense that the stock went up over 27% when sell volume was more than 46X the buy volume? I think not.
Absolutely it does. It makes zero sense from a trading perspective and it's clearly a form of manipulation. It's impossible to assert there is any value in paying $10 for $2 worth of stock.
That last ask slap had a total value of $2.20 plus trading commission. How does it make any sense to put in a $2.00 order and pay a $9 dollar trading commission? Hilarious.
Those after hour trades aren't actually after hours at all. Those are mm's that are really crossing interday trades so don't give any weighting to the after hour trades if they are up big or down big. They're really meaningless in either direction.
Here is the crux of the scam. Mpix entered into the licensing agreement with eMax Media Group. Not to be confused with eMax Worldwide. And I believe eMax Media Group is 100% owned by Roxanna. So not only is Roxanna taking a large salary plus expenses from MPIX shareholders, but she's using shareholder capital to guarantee another $300,000 minimum check to pay eMax Media Group, which again I believe is owned outright by Roxanna. It sure looks like she's double dipping on the shareholders dime, and if my assertion is in fact true, it's a conflict of interest that should be disclosed to MPIX shareholders. What do you say Roxanna? Care to comment on this subject?
Look at the volume. Buy volume is just 201,500 and sell volume is outpacing buy volume by better than a 20 to 1 margin. Sell volume is 4,338,400. MPIX is being artificially held up. If you look at the individual trades you're seeing decent size blocks getting sold, followed by tiny $12.00 ask slaps. Pretty funny because it's easy to see what's happening here. Looks like desperation to me.
Hi Kop....hope you're doing well. I just had some questions regarding your show. I've been using Skype more and more and was wondering if you use it for your show, or if your just using regular landlines for conferencing in everyone. If you're not using Skype for your show, you guys should check it out because I think it would work well for you. And secondly, are your shows live, or are they recorded for later broadcast? And if some are live and some are recorded, what percentage of your shows are live? I would imagine with all the participants involved, it could be difficult to coordinate live broadcasts. Anyway, hope all is well.
Funny. Cheryl is an expert on anti-aging? LOL. Look at her photo's. Now that is funny. RFMK's hired promoter has an incredible delusions of grandeur. That link is a hilarious piece of fiction and complete embellishment.
Can't comment on the "alert" you're talking about. But you should know AVVC has never had a single sale in it's entire history. $0 revenues since it's inception in 2006.
Here is a classic example of the manipulation in MPIX shares. Same action at the close as yesterday. Somebody sold 900,000 shares with a minute and 19 second before the close, 900,000 shares sold at .0021/share. A minute later with 15 seconds before the close, someone slapped the ask with a buy order for 3,000 shares at .0024/share, for a total value worth $7.20 plus commissions. I think it's fairly safe to say that the brokerage commission on that trade exceeded the value of the trade. It's pretty clear that MPIX is being artificially propped up. No doubt about it.
New rules at the SEC. Bad news for crooks.
http://sec.gov/news/press/2012/2012-134.htm
New Rules at the SEC. Bad news for MPIX and many others.
http://sec.gov/news/press/2012/2012-134.htm
It was up on smallish ask slaps. If you look behind the numbers and check out the volume, buy volume was 1,929,952 shares. Sell volume was 5,660,952 shares. There were (2) buy orders for 952 shares each with a total value of $1.99 plus commissions. How does this makes any sense? Placing an order where the commission is likely 5X greater than the shares themselves? Pretty funny, and seriously stupid. It's price manipulation pure and simple. There was also (4) 5,000 share buys worth between $10 and $12.50 plus commissions. And the last trade of the day was a 5,000 share ask slap at .0025 for a total value worth $12.50 plus commissions, placed about 1 minute after someone sold 2,650,000 shares at .0019 So you can put lipstick on a pig but it doesn't change the fact that it's still a pig.
I was checking out the 1 month price chart on RFMK and I gotta say......this is sinking faster than the Titanic.
Nope. Felony probation. I just double checked. (see link)
http://mugshots.com/US-Counties/Florida/Orange-County-FL/Roxanna-Lou-Green/details/
Well Roxanna is on felony probation until I believe 2015 if my memory serves me right. The extra time is probably attributable to the fleeing and alluding and resisting arrest. I believe her probation is 3 years.
As I said it could be the same arrest. Don't know. Her hair looks different in each mugshot. Perhaps one mugshot is from the local police department and the other is from the county jail.
Seems like Roxanna has been arrested before this lastest DUI, fleeing and alluding, and resisting arrest conviction. But I have found another mugshot of Roxanna, just don't know yet what the charges were on this arrest, or if the one mugshot is from the local police, and the other mugshot is from the county jail. Who knows. Nice photo huh?
http://www.whosarrested.com/florida/orange-county/orlando/ocj/629139-roxanna-lou-green
Roxanna and the entire Board of Directors had a fiduciary responsibility to disclose to shareholders the fact that Roxanna was up on felony charges. Roxanna and the Board didn't disclose this information. Now yes people are presumed innocent until proven guilty, however since the charges were made, Roxanna was convicted. Therefore, certainly this should have been disclosed but wasn't. In my opinion Roxanna and the Board of Directors didn't disclose it because Roxanna has been using her maiden name as an alias, and the company probably thought nobody would link her maiden name, Roxanna L. Green with her corporate married name Roxanna L. Weber. They gambled on the premise that their shareholders are stupid and they'll never find out about this case, and had the attitude that....what they don't know won't hurt them. Well, keeping the truth from shareholders is MPIX's standard operating procedure and it's indicative of what has been transpiring at both MPIX and Roxanna's other company EMAX for many years. Honesty matters. Trust matters. With this management group, investors have neither, and should expect neither.
Just wait. You've seen nothing yet.
Mugshot management. Not only does MPIX's President have a mugshot....or I should say multiple mugshots, but now we learn MPIX's Chairman Roxanna Weber, or should we call her Roxanna Green? has a recent mugshot and is now a convicted felon. Good grief!!!!!!!
http://www.seminolemugshots.com/arrest_card_inquiry.php?n=166146_Armando-Almirall_Seminole_Mugshot_017e2064bb36e744d6ac80f3d07096ef
http://florida.arrests.org/Arrests/Armando_Almirall_1944315/
http://mugshots.com/US-Counties/Florida/Orange-County-FL/Roxanna-Lou-Green/details/
No folks, you can't make this stuff up. Now, can anybody with a straight face say that a recent felony conviction shouldn't be a required disclosure from the MPIX board?
Who knew Roxanna was arrested for DUI, attempting to flee and allude law enforcement and resisting arrest? These are felony charges and it appears she's on felony probation. Looks like Roxanna lied in the MPIX Annual Report. Below is her mugshot, and interestingly enough she's using her maiden name. Roxanna L. Green is Roxanna L. Weber. IMO, these were felony's, and this should have been disclosed to shareholders.
http://mugshots.com/US-Counties/Florida/Orange-County-FL/Roxanna-Lou-Green/details/
The listed assets on MPIX's 10Q is a bunch of bunk. How can MPIX value those assets at $40,000,000 when they haven't generated a single penny in revenues, and they don't even own the music? It's a completely made up figure. This explains why there isn't even the slightest chance MPIX could ever produce a audited financial statement because no CPA could ever certify that valuation.
MPIX has had absolutely no sales whatsoever for the last 15 months according to the 10K and most recent 10Q. $0. And according to the last 10-Q, the company was down to just $4475 in cash on March 31st, 2012. Given these facts, MPIX is broke folks. You can read the latest 10Q filing at otcmarkets.com and see for yourself. It's done.
I checked out STEV's corporate address on Google Maps and looked at the property on Google Maps Streetview. STEV's corporate office is at 7117 US 31 South, Indianapolis, Indiana 46227. And what comes up when you look at their registered address? A dump of a house. Not exactly the kind of office you'd expect with a company with a $50 million plus market valuation. Thanks for the info Johnny. I didn't realize that STEV sent out a hard copy promo mailer, nor did I realize that pumpsanddumps.com had done an expose on STEV. Doesn't surprise me at all.
$0 in revenues over the last 15 months, and all the loan cancellations, and deal cancellations speak for themselves. As I said, it's an empty shell and that's all.
MPIX is bankrupt now IMO. I would cut your losses and get whatever you can out while you still can.
Right...MPIX's 10-Q is unaudited after Roxanna promised audited financials. Note that revenues are $0. So for the last 15 months, MPIX has not generated a single penny in sales. Also, MPIX is putting a $40,000,000 valuation on it's non-exclusive music rights, even though the music rights haven't generated a single penny in revenues. IMO, the music rights have no value if the rights can't generate any revenues. This explains why there is no chance MPIX can actually have an audited report meaning it's certified. No CPA could sign off on a $40,000,000 asset valuation when the library generates $0. Take away this phoney asset valuation, and all the assets that are left is it's current cash position of $4475.
I was reviewing Friday's Annual Report filing for STEV and had a couple observations. IMO, insider compensation is ridiculous for a start up. The CEO paid himself $750,000 in salary, and I also noticed that each of the two directors of the company were given 1,500,000 shares each, in addition to a directors fee of $187,000. The reality is, directors of Fortune 500 companies often make less, and I find the compensation highly unusual, especially given the fact that STEV had net losses of $2,323,551 and sales of $0 for the year. For a developmental start up company that needs to raise additional capital via debt financing and or additional issuance of shares to remain operational, insider compensation is outrageous. It seems pretty clear to even the most casual of observers that insiders interests are not aligned with shareholder interests.
You believe GWBU's PR's? I don't.