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i CAN'T SAY i WON'T THINK ABOUT IT BEEN A HOLDER SINCE FEB. 2002 WOULD LIKE TO SEE IT GO TO .10
haven't heard about that part of the company in any of their PR's lately
I agree, I was using that as an example
They would have to file with the SEC for the buyback as well as commit to a price range as well as quantity. Considering they closed their schedule D within the last 90 days it may have a negative impact considering they would buy it back at almost 45% discount to what they sold it for. A Buyback would have the best affect as the stock price start to rise in price that would give the price momentum and shareholder confidence. Also considering the recent close of the schedule D they my have to wait a period of time before they can do a buyback.
Got it on right now
I think we also need to look what the multiple this industry is trading at also. Lets hope we can get a swing like the dotcom days and get a high multiple at the earning release, but if the average is a multiple of 10 and they declare 11 million in revenue (doesn’t seem unlikely). With the outstanding level of shares and good future earning prediction it’s not unlikely to see a sock price of .064705 per share need to look at the industry P/E
I agree push what you have. I though was in wal-mart I may be wrong Not a big hip hop fan I'm an old timer (Led Zeppelin, AC/DC)
Unfortunately one artist in the music business doesn't give you enough revenue flow to make a difference for a company with 1.7 billion outstanding shares. That why you need a diversity of revenue generating tool. I’m glad too see the pipeline that they have created. You can’t depend on one person or product to make you, but also on the flip side too many can also muddy the waters. I know opinions are like a**hole everybody’s got one
I think, one of the keys to success is what are the insider holding and have they increased there holding lately. Are any of their compensations linked to stock performance. I feel G might have a good position due to the fact he issued a warning to short sellers, and what ever happened to the report G was going to announce regarding the short position the stock has. What ever happened to the asset of the old company in the past eight month they stop mentioning the old company in there PR releases.
So are you and I longest shareholder on this board
I've been averging down since 2004 it's only cost my 14k to get my pps down to .008 . At this point a penny a share i'd throw party, but i'm still in it for the long haul. At this point I think G should give everyone who has been a share holder more then 8 month a Roc CD and Tshirt.
any imput on RMD entertament symbol RMDG
I received some dividends also they were listed under
WIDE E CONVERGENCE TEC
My broker said there worthless at this time and he has no idea what the restrictions are and the we need to contact the companies who issued them ( allot of broker don't care about penny stock traders I guess he's not making enough comm. off me to care )
He basically told me there like an IOU from one company to another. If the company works out they unrestricted them. He told me most of the time that he see's they stay close to worthless. Wise I had better news
Looking at my past statement I've been a share holder since nov 2003 I have no expectation for more then a .001 a share anytime soon
I like how you round if they only did that too we'd all be happy
Yes these types of stocks you get sucked into things thinking you can make a ton of money, there few and far in-between
I'm getting .00001470588 But your right. Let's hope what there earning release moves it at least to a penny a share i'll break even
I totally agree, but i also feel 1.7 billion in outstanding shares is too many for a company this size, and when they report earnings i can't sse it being more then .00001 cents a share.
I wish I could believe, but considering they just closed their schedule D within the last ninety day I can’t see them buying stock back at what they sold it for. If you look at the charts back at the end of 2005 they did a reverse spit and the price fell back to pre split price within 45 days losing more market value. On the flip side considering they want to get off the pink sheets, they need to carry a minimum price for x amount of days before they can be moved. So to do this, they either need a good stable move after they release earning or an R/S to get to that price. I prefer the earning release way considering I lived through the R/S way and lost. Also my opinion whom ever it trying to move the price by selling and buying they big blocks of shares, all their doing is keeping it in a very limited trading range.
I agree with you and that was my point. I lived through one reverce stock split and lost even more.
I agree with you, but you also need to look at the facts as i wrote they have 1.7 billion outstanding shares and you look at there break up value as will as possible buyout the company not worth $1 or more a share that would give them a market cap or almost 2 billion. I'm in it for the long haul I've owned the stock for over two years and I've seen it go from .85 to .0004 tell me if I'm wrong
I have been a shareholder of rmd since they were called Sciax so you can tell I’m in it for the long haul. Some of my concerns are I have already gone through one reverse stock split and the stock returned to per split price within 30 days giving me a bigger lose, then the changed directions in there business plan and changed company name to RMD Entertainment. Today they have outstanding shares totaling 1.7 billion they have not reported earning since the business change over a year and a half ago. And what happened to all there old assets and the old company. Like many of you I would love to see the company go to a dollar or two a share but let be realistic an OTC stock is not going to have a market value of 1.7 to 3.4 billion dollars any time soon. I would love to see 5 to 10 cents a share. Again to show my dedication I have recently increased my holding to over 3 million shares so if someone has some market moving info please tell me. Good investing to all