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Another Kenny boy Eade related company, Imperia Entertainment just announced a 100 for 1 reverse split...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64954095
REVERSE SPLIT! 1 SHARE FOR 100!
We oldtimers saw it coming...
Where's all the pumpers that were predicting this was going to do a moonshoot?
Nasty. Thanks DDHOUND...
I figured it was eventually coming...just wasn't sure when...
Must be. There's no way this shell company is worth $23 million....
Kenny boy Eade needs money....maybe he's up to no good as usual...
Well...you do the math. A $11,347,000 market cap at today's close at 7.5 cents for a shell company with no real assets or cash, and no business operations. Seems realistic to you?
This belongs in sub-penny status...and in my opinion, that's where it is heading.
Good luck though!
undervalue....so when do we expect the next reverse split so that they can do it all over again?
They've done it several times in the past.....and I fully expect they haven't finished milking this cash cow yet.
There's still gullible people out there willing to buy worthless paper...
Sidedraft...unfortunately it appears that those investors usually eventually get screwed too by Eade...
Has anyone that has had financial dealings with Kenneth Eade ever gained out of the deal? Other than his pump and dump scams of course...
lol! Thanks Fire Lane! I know you'll be a real asset to the board! :o)
Or you can call Kenneth Eade in France...he can probably tell you how much newly printed IMPN stock he's been dumping lately.
Hey kenny boy...I know you're listening in...how come you are not willing to come to the USA for your court appearances?
Is it because you're afraid that you'll be met up with the authorities at the airport and thrown in jail?
Welcome aboard, overachiever and Fire Lane as new assistant mods!
Thanks guys!
It means it was probably a Kenneth Eade scam all along...
Remember all those press releases about all the gold assets GSTP claimed to have?
And then...."Oopsie! Our bad...that deal has been rescinded and we're now back to just a shell company with no assets"...
Wow....what a scam they pulled off! I wonder how many people got hurt on this one...
I also wonder why no one has talked about this on this board...people were duped.
Just another scam that kenny boy was involved in...there's been many...
p2d...pick up the phone and call the transfer agent..
You might want to check the transfer agent as I'm willing to bet it's a helluva lot higher than last reported. Imperia loves to massively dilute, reverse split, then repeat...
Standard Registrar and Transfer Co.
12528 S. 1840 E
Draper, UT 84020
Ph. (801) 571-8844
Kenneth Eade is the master of lining his pockets with other people's money.
BUYER BEWARE!
Or a greedy pig at the trough.
Is it libelous to call him a greedy pig?! lol!
Independent Film Development Corporation (Ticker: IFLM.OTCBB) is now fully reporting and started trading publicly last week on the OTC Bulletin Board.. Please help support the launch of this company by participating in the private placement offering of $500,000 common stock at $0.25 per share in minimum denominations of $5000 or through the purchase of any small gesture/ amount of stock in the public market.
Yep...this is being set up as another pump and dump (In my not so humble opinion!)
I think Nodummy's post about IFLM should be included in the iBox...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61130991
Renee...I think you would make a great board mod for IFLM...
I vote you if you're interested...
Yep....I concur. But I'll be here...waiting!
Maybe I should step up to the plate and be the board moderator...
I am also the board mod for another Kenneth Eade / Jeff Ritchie company.
http://investorshub.advfn.com/boards/board.aspx?board_id=5553
Anyone that is interested in IFLM should also check out Imperia (IMPN) and what has happened to that company for the last 5 years. In my opinion, this is pretty much guaranteed to run the same path...and it ain't too pretty for anyone that invests.
Watch your back and your wallet with anything that involves Kenneth Eade...
You're kidding right?!
Last 10 trades...
15:58:28 Q 0.0008 75,000
15:58:28 Q 0.0008 50,000
15:58:14 Q 0.0008 100,000
15:57:53 Q 0.0008 250,000
15:56:52 Q 0.0008 150,000
15:56:28 Q 0.0008 37,500
15:53:58 Q 0.0008 200,000
15:45:59 Q 0.0006 -0.0002 495,000
15:32:47 Q 0.0006 -0.0002 765,000
15:21:35 Q 0.0006 -0.0002 500,000
Good luck to you!
The court heard Eade's complaint via telephone from France on Tuesday. The judge hasn't rendered a decision yet if the case is to proceed.
My guess is that Kenneth Eade is too afraid to come back to the US as he is under SEC investigation. He might be met up with the authorities once he steps off the plane. There's nothing more I'd like to see than Eade thrown in jail for being involved in penny stock scams...
Something big...hehehe! But I'm sure that's not what the pumpers had in mind...
All I know is that we must be getting close to reverse split territory again...
It astounds me how companies can get away with this crap...over and over and over again...
Yep, agreed! Just like they usually do!
IMPN has been a real cash cow over the years for the insiders.
Apparently there's still lots of gullible people out there...
Been awhile since I checked GSTP...
How's this Kenneth Eade developed sham coming along?
Only down 90% I see from a few months ago....
IMPN must be getting close to R/S territory again soon...
Speaking about ol' kenny boy eade...I wonder how that SEC investigation is going. I'm sure they are also interested in the GSTP gold mining scam he was involved in...
Whacky how their website has been down since they announced that the deal was rescinded and they have none of the gold assets they said they did...
http://www.goldstandardmining.com/
No real assets at all actually...it was all a lie...
Apparently Kenneth Eade can't make the court appearance on Tuesday...he wants to do it over the phone from France. I get a chuckle out of that one! He launches a $400 million lawsuit, but he can't make the effort to show up to court!
He's probably too afraid to land on US soil because there's a good chance he'll be carted away in handcuffs and thrown in jail! lol!
nomad...better get your information correct. The lawsuit does not involve Imperia.
Undervalue...you of all people should know that IMPN is a scam stock...
Naw...I'm holding onto my IMPN. Gonna see how this lawsuit turns out, then I may see if I have legal recourse against a certain former CEO...
Nice pump going on right now...
Word to the wise for the newbies thinking about buying....just don't get stuck being an IMPN bagholder!
Agreed...however, the possibilty of an eventual reverse split should be strongly taken into consideration. If you get caught in that...you can probably count on another 90% loss.
They've done it before....twice since I've owned it. In my opinion, there's nothing stopping them from doing it again once the authorized share count has been maxed out...
Well best of luck to ya Nomad.
Just one thing though...tell that to the people that got sucked into this POS a month ago at 10 times what it is now...
Bet they wish now that they never heard of IMPN...
Well it's certainly been a cash cow for the insiders...
Great way to transfer money from unsuspecting newbies, right into the insider's pockets.
Good luck!
Pennybuster...no prob. Nothing personal against anyone trying to make an honest buck flipping shares.
I just dislike "questionable" companies such as Imperia that use pump and dump tactics to line the insider's pockets...
Share structure you ask? Does it really matter when the whole purpose of this company is to massively dilute stock onto unsuspecting newbies and then R/S to do it all over again?
Unfortunately it appears that they were just recently able to do it again. IMO, they'll max out the share count and then eventually R/S again. The only question is when will the next R/S occur...
Good luck!
Bre-X! Enron! Etc, etc! :o)
Kenneth Eade's case is coming up sometime this week isn't it? I've been busy lately and haven't been paying too much attention...
Anyone know the exact date?