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Wick there is always been trouble brewing for him that is nor new.What are you talking about.Facts is what I like not rumors.
Wick I see you posted on Yhoo message board.What are you refering to about the CEO being sued out of Philly.What is this one going to be for!
The Preferred,series B shares have (NOT) been priced yet.I was looking at getting a group of people to invest into the preferred shares to get control of the company.Pay off GGI and get it listed on the AIM exchange.Then pay off all debt.Operate the business for profit and enhance shareholder value.I have not got to first base except I do own shares.I see someone doing exactly what my thoughts are.This is only my opinions.(No way am I saying buy shares into this company).If you owned them for along time its my opinion you might as well hold them at this low price.You have to do your own DD.Looking at the chart its oversold, undervalued by a mile.I've been saying this from .03 to .02 so what do I know.Look at the price now..0011 to .0013.I've missed it so far by the charts its not even funny.I've never in over 25 years been so far off.It would be different if they filed some form of bankruptcy months ago.Most company that does just goes to nothing after they announce it over time (Months).I'm at a loss for words on this company.
No CEO is going to say he wasted shareholder monies.He told me he made several bad investments.I was thinking more like alot of them.No way he was going to say anything regarding the R/S.That was all for GGI,friends.I still say someone just might come in and take control at this price even with the 1.6 million debt and 500,000 owed to GGI.Add another million for it to be listed on the AIM exchange.Ten million pounds = 20 million U.S. dollars subtract 3.1 million and itleaves the company with 16.9 million cash no debt,no GGI.Lets hope that how it work out.Just maybe Fleming goes away too but I doubt it.
I hope GGI converted Debentures and sold 60 million shares, shorted another 60 millions too any time starting on November 12,2007 and going forward.If so GGI has a ton of problems.Fleming said he had not heard from them since they were pounding the table wanting shares after the R/S in September 07.He said he told them it takes 24 hours to do the transfer.GGI,friends are the ones that shorted after the R/S and diluted it at the same time from the first day after the R/S.
If I was lied to then I've a complete record of the conversation.I do beleive the man was telling the truth for once in his life.As far as Wayne good luck.As far as the chart its way past any buy signal I've every saw.Charts can be misleading but they are often a good way to pick a point to enter.Selling all the old CD'S is a good thing.No one wants to rent them.As far as more dilution its not much more they can do.I just hope GGI was converting and selling after November 11,2007.If so they will have to buy every single share back on the open market.You are not setting alone holding while the dilution was ongoing.The share price is to low and as far as me I'm buying a little.Don't be stupid and get screwed again.Wick said it best about another stock the other day.Invest 1/3 or 1/4 at a time.Only time will tell if a turn around happens.The continued dilution is one the hate for JF.Two more short selling and dilution by GGI.Dec.18 it shows 34,189,000 share O/S and the CEO said as of Jan.8,2008 it was about 100 million.He was really stumped when I told him the company and GGI had a contractually problem as of Nov.12,2007.He was lost for words.It was like he was hit with a hammer.Now some shares may have been issed for services render but not 66 million.He stated the company had not sold a single share of common,preferred or series B shares.It only leaves one thing.GGI converted,sold shares after the agreement between them and the company had expired.If you look at every single SEC filing the company has filed.You will not see any change in the orginal contract agreement except the warrants were increased not the date of expiration.Even if they had changed the dates unless it was filed with the SEC it was not valid.They droped the ball and they will have to pay up for being so greedy and not dotting every (I)and crossing every (T).
Oh yes 13,000 plus but your last count was 1700.You need to stop all the BS and if you don't know then its o.k. not to speak.Yes they are selling off old movies.They are taking up space collecting dust.No one is renting them.They have been wrote off.They are taking the monies and buying the top 10 game list.Trying to build ample supply for all the demand.The demand is way over the supply.Not just with GMFX but everywhere.As far as I you can calling Fleming any names in the book.You ever heard sticks and stones may brake my bones but words will never hurt me.This man could care a rats ass what anyone says about him.Man you really need to get a grip on life.Its just to short.With all the anger you have built up inside its going to kill you.Go see the doctor and get some meds.
Nothing would suprise me anymore.Durning our conversation he stated he did read the messages on the IHUB board.I've caller ID and the call was from GameZflix 270-586-8806 at 9.22 A.M.The caller is in a different time zone then me.I'm in a hate love relationship with the company.Hate what has turned out to be the worst nightmare for shareholders.Love the fact that the company appears focused on games not movies.I already said the demand for games out way supply by a mile.The demand is going to continue for many years looking forward.Just hope they can plug the holes in this boat before it sinks.If they do and offer the top 10 games with plenty of supply revenues will go through the roof.Its just that simple.If and again if is a big word they get it togather real quick this can turn on a dime.
No.There would be no reason at this point.The share count is way to low.If it were 5 billion I would bet they would.The point of the R/S was to wipe out old shareholders and new ones.It allowed GGI,friends to short it all the way down.Old shareholders amd new ones got cought in a death spiral trap.Then GGI converted millions of shares and sold them driving the price down more so they and friends could buy to cover as all were selling along with GGI continued dilution making a killing both ways.At his point GGI don't care about the outstanding debt.They made more off the R/S death spiral trap then they made in all years off this finance agreement with the company.They hit the jackpot.Now its so low I bet GGI,friends are ready to reverse course.Its just the way it happen and its the way I see it coming.
The reason for my past post were two fold.One to cover me regarding any info I received.Second was to let (all) shareholders know that things are (NOT) as bad as certain ones are posting (FALSE) information regarding the company.All I stated will come out in the next 10k.The way I see it you have three choices.One you sell your shares.Two you hold your shares.Three you buy shares.At this point I'm holding my shares to see if the CEO can change turn the business around.If not I lose a few more thousand dollars.If is a big word but if the deals made like 1up.com,Prepaid cards and the promotionals cards work and the sub base gets to where it was at the end of Sept.30 or alot more then the company can be into the black.No doubt it will be cash flow positive in Q1.All can take it with a grain of salt and should because this is a message board.I want to have a positive outlook and have positive discussions regarding this company on this board.If anyone gets info that is based on facts post them.
Wayne.The reason the CEO Fleming called me was due to a email I sent him regarding you.I explained you were posting info which I felt was false about the company.One that the sub base was 1700 anlong with many other issues.You had posted your phone number for shareholders to call you.I told him you were doing everything in your power that he goes to jail.He told me he could get his attorney involved to cease the false info you are posting.I'm (NOT) on a mission to destroy the CEO like you are.I'm a shareholders and would like to see the company turn around.I would like to see shareholders regain losses not occur more losses.I beleive the CEO when it comes to facts he told me.Was it wrong.Yes but under the current issues facing the company I think the man is trying to dig out of deep hole.As long as he is working and not receiving pay that is all I really need to know.You really can not ask much more as a shareholder.The sub base is over 13,000 and growing rapidly.The company was cash flow positive unlit the 14,000 dollar check bounced which was made good in January 08 but after the 31 of December 07.Yes you did get a 73 year old lady fired with the company because she had gave a little info to you.She really needed her job so you ought to be proud.I really have nothing future to say to you.I wish you well on your mission.I suggest your time be spent on something positive because you are wasting your time.It would be better to move forward and not live in the past since it appears to have been a nighmare for you.
Stockmavin.The word if you used is incorrect.Every word I posted was exactly what the CEO Fleming told me.I'm not worried about being in front or under a bus because I did nothing wrong.He even told me that someone broke into his house.They kicked in the front door and it was not locked.One of the things they took was his laptop.He said they were caught but in the police chase they threw it out the window and he had to buy a new one.
To John Fleming CEO GameZnflix.From Mr.Phillips shareholder.Sir you were wrong to give me all the information you did.You know and I know you violated every SEC regulation in the book.I suggest you get your ducks in order because if the SEC contacts me I'm singing like a bird in the summer time.I'm going to contact the SEC and see if I need to do anything because I want no part of anything illegal.Hell at this point I don't even care about the money I lost.I just don't want to be any part of trouble.I will tell you this.When you ever cross the line from legal to illegal you can never cross back.I bet everything I have this was not the first time for you because it was just to easy to get all the info from you.You saw dollar signs and and sang like a canary.Greed has sent a many of person to jail and alot more to hell.You ever heard the movie title Sleepless in Seattle.I'm not talking about the movie itself.I'm refering to the title.Well there should be one named Sleepless in Kentucky!
I'm letting it all loose tonight.Mr. Fleming said he had a second mortage on his house.He said his girl friend down stairs at the buger joint was keeping him up so he guess this made him a whore.Well thats all I can remember now and the tape is at the bank so if I think of anything else I will be sure to let all know.When you mess with the bull you get the horns.
I forgot Mr. John Fleming told me he paid the advertising bill for the month with his American Express card.He said 1up or it might have been Ziff Davis did not require prepaid service so it gives him 30 days on his American Express card before he has to pay the bill.He said if the advertising service did not work out he could cancel it.
Put it this way.If the SEC contacts me. I'm ready to take a oath and give my teatimony.One thing about me.Many people that know me will tell anyone.I tell the truth even if its hurts me.I'm not lying for my children or other family members.I'm sure in the hell not going to lie for John Fleming.Every word I've said regarding facts about the company he told me durning our phone conversation.The conversation was long.He called me and it was before the news release and continued after it.Yes he told me what the release was about before he sent it.If I remember right he sent it to the Mackreport.com.He told me that the 1up deal added 90 subs since it started.I forgot to ask him how many games they sold.I asked if he send the release because I was on line watching to see how much it would move it in price.After a while he told me he had just got confirmation the release would be issued.Well I wanted to let him go thinking it was off to the races but it was more like a little move.He said if I wanted to sell I could but he was holding his shares.Hell I was talking to the CEO my mind was pucking up.Then after I let him go and as the day went on I realized what a crock of horse shit.Now I've to admit I ran a line of bull shit on him like he tried to put on me.I'm sitting here laughing my ass off.What a dumbass to be the CEO of the company and tell me all the inside information he did.
This GGI should be sued by all shareholders.I'm like you.No way I every put a single cent into this unless GGI is gone for good or they convert debt and put millions into the company so it can list on the AIM exchange and they receive senior notes due like 2012 at 8%.Not some high ass interest rate.No way on earth not a penny more under any death spiral.I don't understand why they did not reduce the authorized down to 500 million when the R/S took place.Before they approved the R/S they should have had everything in place to hold the share price at a certain level or it should have not been done.Its the CEO fault.He is in bed with GGI.Hell he told me he could go to work for them as a consultant.If anyone heard what our conversation was about and the information he told me he would be in deep shit with the SEC.I will state for the public record I traded no shares of this companies stock on January 8,2008.
Wick the company has (NOT) issued a single preferred share or series B share.Dell don't want that used crap.I know his pay was reduced to 100K and he is not taking a penny.Most likely he will issue shares as services render.I no the company was dam near cash flow positive for the end of the quarter even with the reduced sub base.A payment of 14k was made and the check bounced.It was cleared up but not until after the 31 of December or the company would have been cash flow positive for the quarter.The company is not going under any time soon.The 1up deal should add between 1500 to 3000 subs per month.Now if this doesn't pan out then the shit hits the fan.You don't have to beleive me.laugh all you want but what I'm saying is true.I will make you a bet.Lets say fifty dollars.If what I'm saying is incorrect then I pay you.When the 10k comes out you will see the reduced CEO salary.Almost cash flow positive 14k or less.No preferred shares,series B shares issued and 100 million common outatanding as of Jan.8,2008.If you want the bet send me a private message with your email address.
I forgot.Hell no I want a divorce.I'm going to a lawyer to file.We have no children so it will only take 90 days at tops.All joking aside on this you just throw your pucking hands up in the air and say forget it.If you bought this any time before the R/S you might as well jump off a bridge.There is no hope on Gods green earth.Christ himself would tell you son I'm sorry.If you bought it anytime after the R/S all the way down in the very mid penny land you might as well join the others on the pucking bridge.If this thing every makes it to a nickle and by miracle a dime you better hit the sell button.I doubt it will ever but someone out there somewhere might just step up and say I can operate this business and make money doing it.I bet the right person with the capital could and it would turn into a good size company.Games is where the money is being made now.It appears its a lock for years to come.Young and old are playing games.The demand is way beyond the supply.That is what so pucking sad about this company and stock.
Have to admit the R/S was for GGI and friends.They made a killing all the way down.This CEO boasted how bad GGI was wanting shares after the R/S was done.He told me its takes 24 hours after they sent a request.I was going to see about getting some others to pool cash togather and try to invest into the preferred shares.First to pay GGI off and be done with them and the phucking death spiral grip they have.Second to get the AIM listing going.Figured 1.5 million would do both.It would raise 10 millions pounds which is 20 million U.S. dollars.Then it would be pretty easy to recoupe your money invested as long as the contact investors would have to have with the company stated the preferred shares had to be paid with interest to any holder at that point if they wanted out after the AIM listing and the funds were given to the company.Everything is in place to launch the AIM except capital required.I said to hell with it after this last dump on the 8th of January.I was talking with the CEO on the phone for about a hour before and after the news release.I want get into details.I have every word on tape.I have it put in a safe place.At the safety deposit box at my bank.What really pisses me off is the massive dilution after the R/S.Hell if it would have held at a dime or fifteen cents it would have given investors a chance to recoup.The company could have raised capital to launch the AIM listing.Instead they screwed everyone except a few chosen ones.Pay back is always a bitch is all I'm going to say.
Wick all this board is for now is a dumping ground.I doubt you can every get a serious conversation going about this company.Everyones mine is made up no matter what happens.What I don't understand is why the company didn't have a plan when they did the reverse split.All it did was piss everybody off and that is saying it nice.As far as the sub base falling.I bet every shareholder canceled and anyone they new.I understand its coming back and 1up.com is working very well.If anything is going to really grow the sub base it will be this deal.The Jerky,prepaid cards may add but nothing like 1up.I'm saying its do or die on this deal unless someone forks up 1m dollars so it can list on the AIM exchange.
That just might help everybody.It would bring some free advertising to the company.You should have played golf again today.At least you would get a good walk in.Don't forget what I told you.
You really ought to be careful boasting about that.Write a book about it.All past losers will buy a copy.No doubt about it.You will sell millions the first month.Probably be on the cover of time!
Wick I think it was just a over sight.Somebody droped the ball.If the terms were changed like the dates it would have had to be disclosed in a SEC filing way prior to now.You can not change the expritation date today for November 12,2007.Yes they could sign a new agreement but it would be from the date it is signed.No way to back date it legally.
All I know is what I was told.I do record all my phone calls.I still say the contractually agreement between the company and Golden Gate expired on November 11,2007.No SEC filing showing an admendment to the expiration date was ever filed.Yes they increased the warrants way back but no change in the orginal agreement dates.
I do not care about the debt.If you go by your prior post and the SEC filing dated December 18,2007 the company reported the proxy vote passed by 61.39% which you are right it would have been 34,189,369 O/S shares.There is over 100 million today.GGI sold these new shares past the contractually agreement expritaion date of November 11,2007.They will have to repurchase all on the open market.Pay fines and will be subject to many lawsuits.I had a conversation with the CEO on January 8,2008.I brought up the issue and he was doing some serious talking and was going to address the issue like instantly.He was in shock.I've been around people in business all my life and I new this was very serious to him.It was like he had no words that would come out of his mouth.Like oh hell how can this be.
I do not care about the debt.If you go by your prior post and the SEC filing dated December 18,2007 the company reported the proxy vote passed by 61.39% which you are right it would have been 34,189,369 O/S shares.There is over 100 million today.GGI sold these new shares past the contractually agreement expritaion date of November 11,2007.They will have to repurchase all on the open market.Pay fines and will be subject to many lawsuits.I had a conversation with the CEO on January 8,2008.I brought up the issue and he was doing some serious talking and was going to address the issue like instantly.He was in shock.I've been around people in business all my life and I new this was very serious to him.It was like he had no words that would come out of his mouth.Like oh hell how can this be.
Wick I think you are missing my point.The agreement expired November 11,2007.After that date they can not convert shares 82% percent below market price nor can any new shares be issued.
Wick I hope you made a killing.That is how the game works.I really want you to understand my post regarding GGI agreement expired November 11,2007.The orginal date was for three years from November 11,2004.They increased the warrants that could be issued and they were filed with the SEC.There is no contractually change in the orginal date of November 11,2004 expiring on November 11,2007 that was ever filed with the SEC.I hope GGI has been issued a ton of new shares after November 11,2007 and they sold them on the market.GGI has plenty to go after.I've read every single SEC filing this company has filed with the SEC many times over and there is no change listed in any filing with the SEC regarding the expration date of the contractually agreement between the company and GGI.GGI would be required to purchase every share sold and be liable.
Wick one last thing.The reverse was a must.Just to many shares were issued.The company should have had a plan in place not to allow it to go below .10 to .15 cents.All they done was hurt all shareholders.Pissed many off and you can bet they canceled there memberships.Before the company declared the R/S they should have had a deal with some investors to hold the line at a certain price.You can bet GGI and a select few made a ton shorting it down and buying as GGI used the death spiral finance package.Now as far as I understand from the SEC filing Golden Gate package expired November 11,2007.It was for three years from November 11,2004.Yes they made some adjustments by increasing the number of warrants that could be issued at 1.09 per share which then in return they could convert debt into shares at 82% percent below the market over so many trading days.There is nothing in any SEC filing showing a amendent to change the orginal contractually date of November 11,2004 which expired November 11,2007.
Wick its your choice.As far as me you can stay or go.It is not going to change anything.No one seems to be able to let go of the past here.I would like to get some serious conversation going regarding the company in question.I've acted like a dam fool myself regarding Fleming but it helped nothing except to vent.No one forced me to put a single red cent in this company stock.I've only have myself to blame if it doesn't turn out like I think it can.Do I think its been oversold and is it undervalued.Yes by a mile.Will it ever come back.In my opinion it will.Would I sell my shares if I made a couple hundred dollars.No I would not sale all.I might use some more cash to trade it and lower my base or add free shares.Do I plan to buy more.Yes from time to time I will add some dollars.Do I plan to invest hundreds of thousands of dollars in it.No and never had any plans to.Anyone that puts hundreds of thousands of dollars in any OTCBB stock is wealthy by all means.
Since you brought it up.Everyone that reads the message board.
You can bet you ass I could have done a better job with the dollars.When you get your hands on cash in a small business you need to take baby steps.It does rain from time to time every where.Look at Movie Gallery.They had blinders on when they bought Hollywood and it took them to bankruptcy.They had a ton of cash and could have been bigger then Netflix but with all that cash it screwed them.In a few more years the walk in rentals will be no more.It will be all done online in some form or through HD.its the way I see it.
Man I don't drink or do drugs.Laugh all you want.Remember as time goes forward I told you so.Do you think the R/S dilution was for nothing.The big boys made money all the way down.The little people lost everything.Now they have it exactly where they wanted it so they can buy it for nothing.When they had 8 billion shares O/S.No one would ever seriously think about buying it.It would have been impossible to do a merger.No big money would ever sink millions into the company standing in front on a hill of a 8 to 25 billion ton round boulder.I have a sharpe pencil.I'm no good in spelling or writing but my Math is sharpe.Laugh all you want at me.Call Fleming every name on Gods green earth.Have fun but evryone has to forget the past.Its fine to remember the past experience but not live it everyday.Living in the past if it was bad will kill you.
I agree that they have declined but they have jumped back up.I must state the 1up.com advertising deal is adding many sucbribers daily.I project by the end of Feb.08 the subscriber base will exceed Sept.07 numbers and alot more.Either way I'm betting on a take over, merger or capital investment by some investors.If its a capital investment the company will list on the AIM exchange and raise 10 million pounds which is about 20 million U.S. dollars.In my opinion GGI will be paid off and no longer be able to continue the death spiral dilution.I bet they will pay off all other debt.this would leave the company with about 15 million plus in cash and no debt.I'm betting one of the three will happen.If not I lose a few thousand bucks.At this point the risk to reward for me is worth the shot.
Consulting and professional fees are going to be slashed in this past quarter and going forward.CFO leaving is saving 5,500.00 a month plus 1,250,000 shares per quarter.It appears the CEO is cutting everything to the bone.I expect Q1 to show positive cash flow and a possible profit.I still say this company is a take over target, merger or someone will invest capital to shed GGI death spiral finance package and fund it so it can be listed on the AIM exchange.
The 10k should be near cash flow positive give or take ten thousand dollars.I expect them to write everything down to the bone and get it over with.The 1up.com advertising deal will be a big winner for the company.The 50,000 Military prepaid membership cards will be out soon.The 500,000 promotional cards in American Foods Holding are coming out soon.The subscriber base of 1700 that Wayne is saying is not even close to the ball park.He is at home and the ball park is across town.I expect since the re-design of distribution network and lowering the head count of (31) and across,the board pay cut for others it should be great going forward.This company is oversold undervalued without a doubt.
I do own shares (2,377,368) is the exact number.I'm not worried one bit.Never put everything in a OTCBB stock.You can play with a little of your money and it want kill you.A few thousand bucks will not make me or brake me.When I go to the casinos.If I only spend a few thousand over a weekend I'm happy.Its fun for me.Now after the R/S all the way to a penny wasn't funny.The last month its been fun.You get to read all the post on this board and reply.If you have plenty of time on your hands this is the place to try and understand the insane.
Anyone in their right mind new a reverse split was coming.The O/S of 8 billion was crazzy.It would have taken a nuclear blast to really move the share price.Get over it.Its done and filed with the SEC.No way this company could have every raised any capital with that float and the 25 billion authorized.Now with 5 billion authorized and 100 to 110 million issued and O/S they can raise cash to fund investments into the company.1up.com will be a big winner for GMFX.They should have done this along time ago.
wick I've never saw such a chart.The 10K most likely will be ugly.I expect them to write down everything to the bone.If they can add to subscriber base with some of this new advertising they are doing then they might get back to cash flow positive in Q1 and just might turn a profit.The 1up.com deal is the best way to rent,sell and add new subscribers.I thought they had 15 million hits per month but its over 30 million.Its adding subscribers daily now.