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Thanks!...I'll be looking for the news to come out about that time.
What time is the podcast scheduled for tomorrow?....TIA
TYVM Salad! I bet your right about Joe Roetheli bringing a product or company to the forefront in the near future. I took a small position today based mainly on the float and his success story. A low float with a proven CEO is a good combination in my book. Once again TYVM and GLTU!
I like the low float, the product and CEO. I bought in this AM and I'm very comfortable with my position. GLTUA
I have a nub of what was suppose to be a finger that counts the divies we have actually recieved.....lol.... They can't even give us a full divy to count as one finger......Just a nub called GOLIF.....Nubs are useless and they stick out whether your waving to say hi or in a stock portfolio.
And another
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-29-2008/0004744620&EDATE
Boy, this one really brings back memories.....and its a very real possilility it could happen again. Same song, same singer looking for different dancers.
That would be after the RS......Been there done that with this Co already.
They didn't rule out a reverse split either.
Is it February yet?
I'm with you. I just want it to get close to a penny to get out even.
Come on IR, fabricate another run.....
I bought into the hyped up PR's and held on all the way down believing them starting in the EFGO days. Been through a reverse stock split and I've yet to see anything come to fruition thats been PR'ed. I averaged down to a penny on both MONA and GLCC and finally decided enough was enough.
I'm glad to see people making money here but don't believe a word that comes from IR. Marine-1 is right. Play their game and make a quick flip. I'm better off holding my shares till October and selling them for tax purposes. Its worth more that way.
GLYUA
I'd wait until .0001.......won't be long
For those who can remember
What was the mumble jumble about the nondillusional clause on the dividends?
I couldn't agree more.
Live and learn.
Come October I'm selling my shares for a long term loss for tax purposes and move on. I was a newbie when I bought into this back in April 2007. I've been down on this company for a while now but have refused to bash my own stock. I appreciate the warnings ITlogic and Stratey have been saying and wish I had listen to them rather than the co. Its hard to differenciate bashers as they are on every board, but these guys are telling the truth.
No, I bought MONA online without any problems. I do have to buy GLCC through my ST office though.
I did the same thing this morning before going to work. I put a small order in for 35,000 shares at .0055 and it went through before lunch. I hope to do it again Friday when my deposit settles into my account. I will either buy MONA or GLCC which ever is the cheaper......right now they are both at .007 by ST.
Non-dillutive Clause
Just relying on memory here but I seem to remember that the old EFGO share holders are suppose to own a certain percentage of GLCC and since they have diluted this stock, shouldn't we be getting more divies due to the non-dillutive clause? If so, when would the company have to issue those to us?
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I disagree. I believe MCD wants a good stock price to start off with and desires not to aquire the assets we currently possess because they don't fit into thier business model. That alone tells me they believe in thier business and that they want to focus thier energy on their core business plans. I admire that!
3 cash divies in the ammount of 12 to 18 cents and a taget price set by the company of 20 cents makes this a whole new ball game folks.
My perspective is that we won't get close to the targeted PPS until we see a PR confirming the price per share of the divies to the share holders of record. When thats announced, I believe our PPS will rise to the ammount of the divie price to be paid. I'm sure the company knows this as well.
GO GARR!!!!!!!!!
GO MONA!!!!!!!!!
News for 'MONA' - (MonArc Corporation (MONA) Change Of Corporate Direction)
BEIJING, Sept 02, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation
www.monacorporation.com (Pink Sheets: MONA - News) is pleased to provide this
corporate update to its shareholders and followers. The issuer is in the process
of liquidating certain assets, and operating subsidiaries to 2 or possibly 3
different buyers.
Once the aforementioned sale of assets transaction is completed MONA would
itself be bought out on all cash basis by a Chinese based Direct Marketing
Company MCD. MCD intends to fully complete the Corporate Compliance to achieve a
solicited issuer status. MCD is also desirous to add its 7,000 plus current
shareholder base to MONA.
In the unlikely event for whatever reason this Corporate Compliance threshold
cannot be met then the issuer intends to amend its corporate resolution to
become a USA based Special Purpose Acquisition Company (SPAC).
One of the unique characteristics that MONA can offer is a constant dividend to
its shareholders in all of these various China based companies.
The issuer has filed a comprehensive Corporate Update Filing on Pink Sheets,
which can be viewed by visiting this link directly:
http://www.pinksheets.com/otciq/ajax/showFinancia! lReportB yId.pdf?id=16945
MONA management believes that it is an excellent candidate to be a SPAC Company.
With these aforementioned asset sales and spin outs it would represent 3
separate dividend payouts in 2008 for the issuer.
The common shares of the Company are currently listed in the USA (symbol MONA)
and the Frankfurt Stock Exchange (Xe:GZWM)
CONTACT: corporate@monacorporation.com
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Here I go thinking out loud again but with the volume being so high today, I wonder who was buying up the dumped shares? Someone is loading up IMO. I am wondering if this a coordinated effort between Good Life and its previous IR firm to buy the shares back from them and part ways, or it could be the ones who are supose to be buying in with $250,000 worth of shares.
We are pretty sure who is dumping but whats more important IMO is who is doing the buying. Good Life has been concerned about the pps for some time as stated in previous PR's. Heres their chance to promote share holder value while its in sub-penny-land. I still have faith in this company and I hope they are as committed to reversing the pps back up as they have stated in the past. Once again, Heres their chance!
For a company buy back?..........
This pure speculation on my part, but I am hoping this is the same Ian bailey thats in this PR. I'm hoping the new IR firm is an arm of this company and is in the process of setting up shop.
http://biz.yahoo.com/prnews/080619/nyth094.html?.v=101About Weber Shandwick
Weber Shandwick is one of the world's leading global public relations firms with offices in major media, business and government capitals around the world. The firm specializes in strategic marketing communications, media relations, public affairs, reputation management, and crisis and issues management. It also offers corporate communications counseling services. The firm provides specialized integrated services including Web relations, advocacy advertising, market research and visual communications. Weber Shandwick received the highest client-satisfaction honors in the 2007 Agency Excellence Survey by PRWeek U.S. and in 2006, was named Large PR Firm of the Year (PR News U.S.), European Consultancy of the Year (The Holmes Report) and Network of the Year (Asia Pacific PR Awards). The firm also won the 2005, 2006 and 2007 United Nations Grand Award for Outstanding Achievement in Public Relations. To learn more, please visit http://www.webershandwick.com
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BEIJING, July 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation,
www.monacorporation.com (Pink Sheets: MONA -). The issuer proudly announces that
its PP365.com Game Portal has surpassed 100 million users. Mr. Yong Chan, CEO of
MONA, said, "This is an important milestone as it elevates the company to the
major players field level, which should enable us to attract higher search
engine rankings in China and enable us to co brand and enter into cooperating
agreements with other portals that attract our target audience, and in turn add
more revenue and users to our base."
The common shares of the Company are currently listed in the USA (symbol MONA)
and the Frankfurt Stock Exchange (Xe:GZWM)
CONTACT: corporate@monarccorporation.com
Thats my take since it was worded that way. So whats best for the government is the choice they will choose.
It was stated in todays PR.
"We want
to be as transparent to our shareholders and keep them interactively involved
however before any such action can take place we will need approval from the
Chinese government who are also our majority shareholders as well."
Since the Chinese Government is a mojority shareholder and since "they" are the ones we are seeking approval from to begin with, we need to figure out which one of the choices is best for them.
My question to the board is this:
Given the list of choices we have been presented, which one benefits the Chinese Government's position the most?
I know which choice I prefer. The Eng America Buy Out, simply because I own divies and I would recover my losses with .70 a share. Unfortunately though, I'm a minority shareholder, so whats best for me isn't always best for the majority shareholder, [The Chinese Government].
Going back private is a real option to, unfortunately. They would save a lot of money and the Government would still have a vested interest in the company. It could be a win win situation for them if the company turns out to be profitable.
I'm holding on till the bitter or sweet ending. I've only invested what I can afford to lose and I consider it a high risk gamble but not lifestyle threatening for me.
GLTUA
Thats why I believe the Buyout with Eng America is the best option for both the majority and common share holders. We all walk away with 'some' cash in our pockets if they were to stick with the two classes of shares they previously disclosed in a filing.
I truly believe that reverse merging with WMNT is not going to be the choice here. If they believe that Naked Short Selling is being done by a US company and that posters here on Ihub have sent our PPS to a sub elevation, then why would they even consider this a viable option. If you were them, would you jump back into yet another frying pan? I wouldn't.
Anyway, the above is my opinion and its only my opinion.
Like you, I haven't done much research in MONA lately either. I stated earlier that ITVSKY was owned by PP365 and after rereading the PR's I discovered I was wrong. As for as the communist thing goes, I don't see the games and movies being censored a big issue. I'm sure the Gov. has a list of what movies can and can't be seen there.
My bad. I misread the PR's and it states a relationship with ITVSKY and not a division of PP365. I apologize for the missinformation.
But it still looks like PP356 is in a hot market and hopefully its products can be integrated with other IPTV networks as well. Time will tell.
Heres a link to some information regarding China's cable tv infrastructure and the growing trend of IPTV networks.
http://www.cablelabs.com/news/newsletter/SPECS/MarchApril2006/story10.html
PP365's ITVSKY Division could really take off in China.
Go MONA!!!!!!!!!!!!!!!!!!!!
"Nevertheless, all the experts agree that China should become the biggest IPTV market on the planet in four years' time, if for no other reason than the huge size of the nation itself."
"
Market researchers and tech equipment suppliers say that China—by far the global leader with an estimated 355 million to 380 million TV households and at least 105 million cable subscribers—should also become the global leader in IPTV homes by the end of the decade."
Yes sir I sure do and congrat's to you as well :)
Its been a tough road to all who have held thier shares. I've been in just over a year and I'm glad to see the ones who got in way before me, like you and Garde, during the Cashnow days, finally getting their long awaited reward for being true longs.
GLTU, GLTUA and GLTGLCC!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
There are many ways to interpret the latest filing. It starts out saying the issuer intends to issue two classes of shares and ends saying the shares of the issuer {GLCC} and its shareholders will remain intact, and remain trading on Pink Sheets.
MY interpretation, IMO, is the company is intending to issue out two divies. The first divy going out to shareholders of record 2-01-08. The second divy will be paid to holders of record date of close in 5% increments over 18 months at a minimun price of .10 or more depending on the closing day average X's 8, and that the shares we own now will remain intact and trading on Pink sheets.
Thats how I read it. We keep the shares we own now, plus get one or two divys.
GLTUA!!!!!!!!!
GO GLCC!!!!!!!!!!!!!!!!