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SAVE THIS POST by honest_devan's the recent dilution shows that the SP is coming!!!
My Reasoning
I do not known the financials of ENTI, but I assume MMX has a couple grand that they are able to spend on their newly selected SP. However we know that a couple grand could only really advance the likes of artists like DJ suckaslot
MUST READ
b]From the July 9 PR on the spokesperson details
The offer is an upfront spokesperson fee (advance to artist) with an incentive plan (ownership given) in place to ensure maximum Artist exposure in line with the MusicMHowerveatrix brand and overall campaign efficacy.
Lets try an example so you guys can understand how it works: Who could the SP be?
Lets examine a few artists and their show performance guarantees:
Ludacris – $65K-80K
Flo Rida – $30K-40K
Rick Ross – $30K
T-Pain – $65K-75K
Say MMX picks their SP to Rick Ross. One show on tour his performance is guaranteed $30,000.00. If we want to make him our SP all that we will need him for is an one hour to visit to our studio to shoot a 3 minute video paid by us for about $10,000. This can probably be done when he is on the road before a show. We will need to pay his "fee" stated in the PR and also known as an advance in an amount that is less then his performance $30,000 guarantee plus 5% ownership. This would be something he could not refuse.
His worth is 30,000 a show, but now
guarantee $30,000
SP for MMX $25,000
10-15% ownership as an incentive to make more then his advance from MMX.
[[color=red]b]THIS IS WHY WE ARE DILUTING[/color]
As of right now the shareholders are taking a hit to help pay for this SP, We just have to trust that management that when they give up 20% of their ownership in the company, that management will be able to deliver more than 25% of a return on their investment etc.
So basically this dilution shows we are getting our new SP!!!!!
It looks like all our ducks are in a row for the release of our new SP
1) The announcement of finding a household name SP.
2) Setting up contracts negations (takes weeks)
3) Finalizing details and settling on a payment for SP's advance or "fee" as ENTI put it.
4) Finding a way to come up with the money (since enti has about 2 grand)
5) HUGE dilution
6) Shareholders take a hit and see their loses being used to pay off the SP.
7) IF SP is successful we will see an increase to getting our money back and more!
no i dont work for roadrunner, but funny enough one of our artists is signed by roadrunner in Australia.
I got in at .0005 so I have no complaints at the moment. But you seriously need to stop blabbing about how things work for sony and other lables when you do not have the slightest clue about how the industry works.
I am not promising anything, but this other guy is seriously redic. I am just letting people know how long contracts take to complete and that a reputation of the label/spokesperson will not be ruined if this company fails. They will make money with an advance regardless, get some more publicity and a chance for extra gains through ownership.
I think i proved my point with all the sony labels this guy has never heard of.
dude how pissed are you? you know nothing about the entertainment industry and how labels or a spokesperson takes on new opportunities all the time. If this fails it will not ruin the reputation of the label. IF it does well then it does if it doesnt then it doesnt. Music matrix obviously needs these people to give their company credit... not the other way around. So just imagine who will be getting the better end of the deal regardless. I am sure whoever becomes on board will get a huge advance, a percentage of the company and then take it from there.
this will then lend credibility to MMX and attract more users which will hopefully generate revenue. If the company is at .0002 or 2.20 it doesnt matter. These labels or spokesperson have nothing to lose, they get paid and hope for the best.
Posted by: STONE3 Date: Monday, August 09, 2010 11:22:08 PM
In reply to: Honest_Devan who wrote msg# 45466 Post # of 45469
HAHA you keep saying "investment", well how well has this investment gone for you?? ALL PENNY STOCKS are TRADES!
If you haven't learned that then this will be a expensive lesson!! lol
dude you seriously have no clue what your talking about. I can tell you have now entertainment background. A label posting videos of their clients for a percentage of this company will not break their bank. The label or spokesperson will be advanced a dollar amount then offered a percentage. If it fails it fails..
speaking of sony... they own dozens of small labels that lose money every year. They spread their investments out. If music matrix turns out to be nothing.. its not going to ruin the reputation of the company... because they already do this everyday and your talking about the company HAHA
come on man. The dollar amount of the stock a meaningless discussion to a spokesperson or label.
http://en.wikipedia.org/wiki/Record_labels_owned_by_Sony_BMG
take a look at the 80+ labels that sony has a stake in.. I am sure you have not heard of 80% of them
SORRY TO BREAK IT YO YOU but i actually work a record label... so I have no clue why you are coming off thinking you know HOW the music industry works. All new projects, labels and or tours the label will push for money and a certain percentage of that company. If it works it pays off, if it doesnt then they got their money regardless...
this is one subject you should not pretend to know about, because you are dead wrong.
yeah... maybe they will giving those shares to the spokesperson or labels involved. I actually work for a record label and I know contracts take a month to finalize. The artist gets an outrageous horrible deal... their lawyer rips it a new one and send an outrageous one back. The company then has compromise on some thing, but still push their own agenda. This can go back and forth 2-3 times before a contract is fully executed. Then there is also the fact that fedex 2-3 days each way before either party sees the new changes.
we should see a bounce now at these levels. Most people who are out are out. Testing the .004's again was needed
do you know anything about marketing? Start ups have nothing unless they have advertising. If a celeb comes on board you will see an increase its that simple. if no one knows about the site of course revenues will decline, but saying there is an average sales from the first half of the year and expecting the 2nd half to be the same is a pretty idiotic statement. because as you can see the middle of the year is our biggest thus far.. no average... so who knows what the "2nd half" of the year brings
http://www.alexa.com/siteinfo/musicmatrix.com#
quarterly report out.. no assets .. huge losses this thing looks like a nightmare
who would sell at .0004???
lets see if anyone answers
i can get some scene and metal bands on here if we what them The will do it basically for free.
http://www.billboard.com/#/artist/emery/581237
or
http://www.billboard.com/#/album/we-came-as-romans/to-plant-a-seed/1295963
this will bring in a different type of crowd as well.
Who do i need go get in contract with?
where do you see we were promised anything "this week" instead of 10 weeks from now haha
thanks for the help
no the government never approved the buy out. Only ford approved the auction. Now the county is with it. I bought this stock at .056 in 2006 (: just bought more the other week
here is the real reason
http://www.reuters.com/article/idUSTOE66S09M20100729
I bought $1000.00 worth of shares at .33 yesterday.. but i doubt thats why haha!
this will finish even or above. we hit the predicted .0005 now lets see what happens
I just bought 1 million shares at .0005
umm i think he is a little bigger for our pinkie worth less then a cent
come on ride the train... CHOOO CHOOO
WAIT FOR NEWS!!! what a joke...
how many people are gonna beat the dead horse by seeing wait for news... we have been waiting months for news.. we get news and it just keeps failing.. like these plans in china (: GL
Its very unfortunate down almost 20% today and we were supposed to have new awhile ago... at this level another cent a day loses someone 25% more... these are not funny prices ):
no need to say calm down.. I am looking for an explanation. Penny stocks always seem to have actual dates later then stated I just dont get the point of issuing a PR saying by june and we are about to start the 2nd week of july after tomorrow..
website??? it said it would work by the end of June in the PR and its July 5th.. What gives? The login doesnt work anymore either anyway to test it?
GREAT WORK BLAINE222!!
I sold all my shares today. about 1300 worth... its hard to keep watching my money dwindle without confidence this contract will ever happen or happen in the near future after the multiple PR's with 0 substance
humble hawk doesnt stop predictions about it going down.. whats the point? its going down lets pick a random number then say it will go lower... my point is everyone just stop with the nonsense haha
south of .06 good call humbel crystal ball... just keep quiet next time before you predict random stuff like .03 after missing this one
back to even (:
$10,000 of shares bought at the end of the day.. someone is hoping for something big soon!
arent we all haha
news is needed for this board
all we keep doing is repeating the same type of sheet
you are a pumper
you are a basher
no i am not
yes you are
maybe i am
maybe we are
wait what?
blah blah blah blah
just keep quiet until someone has something meaningful to discuss rather then constant speculation and meaningless negativity.
i hope i sell before the dump! haha
it also says this stock is "Wildly profitable"... when CCTC has not made any profits... we just own a patent haha its not CCTC
those all look like companies that make money and dont just own a "patent." If we get this deal im sure we will get the ACCE's attention!
formal approval documents would be issued by mid-June 2010.
time to buy 6/15 seems like mid june to me
i was able to squeeze in another 9200 shares in at .075