is...still here
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Also:
"The well known March logo was designed by Graham's wife Carol Coaker and served for the next 20 years." :(something from jim's post).
Words like 'well known' and '20 years' - I don't think that constitues "no where".
I was just wondering if the plan is to forward split the 'ligitimate' shares, then who would have to cover the 'bogus' shares as far as a forward spit?
If there is a forward split in motion, wouldn't the A/S have to have been increased?
Who were all those reporters you knew 'way back when'?
Maybe they could help on GVRP and BCIT also?
What?
If no posting or opinion on this thread matters, then why do you bother?
P.S. I disagree. There are apparently many millions of shares owened by people on this thread. People on this thread are swayed by postinsg and opinions.
Schwab quote shows 30,000 at .02
Mine are back too.
Looking at the 'History' link at Schwab, I'm not sure what the heck they did or are trying to do yet.
I disagree.
Posted by: lancebps
In reply to: iii_john who wrote msg# 24987
Date:9/14/2005 11:00:21 PM
Post #of 24995
no...just tired and sometimes get annoyed when i see
a stupid question and than i have to remind myself
there are no stupid questions,only questions asked
by stupid people...
let's see if you have a sense of humor to be adlibbing.
No, what you said was, "you know megas taking the money was really his only course of action".
Then you ducked and dodged a question and seem to be getting pretty touchy.
People like me? Only thing I can think you mean by that is I am not one of the people that seem to be trying to make your posts look 'solid'.
Sorry charlie.
So are you saying Ameritrade and E-trade bought out Megas?
Or are you saying Pino bought out Megas?
Either way, is that speculation on your part or do you have something that says Megas took the money?
your post said, "you know megas taking the money was really his only course of action"
I'm only asking what money you are talking about. Sorry if you take offense to the question.
exactly what money did Megas take?
Hmmm, looks like Schwab did the same to my account.
No forward split, but did a reverse split and dropped grvp from my account.
the guy at schwab also said that there are notes there that they are waiting to see if the nasd is going to let the split happen, he couldn't tell me if it was the 1st reverse split, the forward split, or the reverse split to mamg.
Not really much help.
my online account shows a cusip nmbr gluv corp changing to media magic.
The transfer agent info was from a phone call made to Schwab.
Schwab says with the cusip nmbr ta shows as Municipal Bankers Corp (1931) ltd.
With GLUV- shows the outfit in Ga.
Excellent.
I agree.
I wagered a small amount.
Most everyone here now is talking like they would walk out on the second queston on 'Who wants to be a millionare'.
Well, not me.
I'll just wait to see where it goes.
no split shares at schwab.
Schwab changed to:
2067107 GLUV CORP NEW XXXN/C TO MEDIA MAGIC INC EFF 07/08/05
But still no info on f/s or r/s or anything else.
When schwab told me that the shares had been issued up to date of record- I tend to agree with SSP's assesment.
Yes, but to be truthful it should have been =
I hope this information is clear, and helpful. (Because none of us at Schwab have a clue and we just make up meaningless crap to respond to people that contact us.)
If he had said something truthful like that, I would have been a lot more impressed.
Schwab.
Apparently highly over-rated as a brokerage firm.
Looks like now they are even trying to say they aren't sure if the forward split was ok.....
Well, just checked my e-mail.
Latest update from schwab:
"Thank you for your patience while waiting for my email.
I received the following response from our Dividends department for you:
We are still awaiting a decision from the NASDAQ about whether this split will take place, and if so, we will need to receive the shares from the agent before we can distribute them. When that happens, we will distribute the shares to our customers.
I hope this information is clear, and helpful.
If there is anything else I can do to ensure that you are completely satisfied with the service you received, please do not hesitate to contact me. Thank you and have a great day. "
Apparently these clowns don't have a clue.
Well, I actually should have said that at first he told me I wouldn't get the due bills cause i bought after the record date.
I gave him an emphatic 'Bull'! and advise him we all know it goes by wx-dividend date. He then backed down and says, 'oh you are entitled to the shares'.
Schwab re-org dept put me on hold today and called the ta. Schwab says shares have been issued up to record-date. Don't know anything else yet. Says they are still talking with the ta.
He did mention the name 'Malinda'.
last time, I was able to right click -got a menu that had 'next page' option on it.
Only if I get to be the guy that agrees to accept 414 billion shares to get out of a short position.
;)
How could I have left his name out?
Guess it really is crooked from the bottom to the top.
Thinking about possible losses, wait til the Dempsey Morks, Zaparas, gary morgans, roland breetons, and numerous others of their ilk get wind of this and figure it out.
possible, but the 6 pages thing throws me off.
Guess I could call Schwab and explain the breakdown of that article to the flunkie that answers the phone.
I also asked them in my email, what do they really do for a living? They didn't answer that question.
From an email I sent to schwab:
Since this email, it appears the company has come out with a very lengthy article regarding the resolution. I regret I am unable to include this article in this email, as it is from a third party proprietary data source, and six pages long. However, I recommend you contact us and ask the representative to read you the article dated 6/21/05 on Bloomberg. You may also contact the company directly regarding the resolution at phone number 561-491-0870 or email at ...
6 pages?
did anyone see anything on bloomberg?
I may not be very bright but I come up with the same thing everytime I read the pr.
If there are 414 or 418 billion shares to cover, WHY get an authorized shares of 9 Trillion?
The only reason I can see is they plan to give the selling share holder enough worthless shares to issue the due bills and then leave the seller enough shares to end up with 3 million shares after all the smoke clears. after all the reverse splits. Looks like they are going to try to reverse split out the issued due bill shares and leave shareholders with nothing.
I didn't see anything in the pr that leads me to believe they are going to try to buy back shares. The only covering that I see is the company trying to cover their own ass.
If the SEC let's this go thru, I hope I have mis-under-estimated my comprehension level. (speaking of mis-under-estimated, does anyone know who George Bush gets stock advice from in regards to doing the private investing of Social Security funds?
ordinary shareholder?
if I read correctly and the seller had 3 million shares, sold 138,000 then has graciously agreed to take another 3 million shares for each share he has left, ..... let's see,,,
(3,000,000 - 138,000) times 3,000,000 = 8.5 trillion.....
could be why selling share holder has class a and other insiders have class b with 125,000 voting rights.
I can't quite make out the number of 3,000,000 x 125,000.
you nailed that one on the head.
I read it to mean after the shares are issued, they will do the reverse split.
does that come up to 8.5 trillion?
hmm, 9 trillion authorized?
after r/s the 1 who sold will end up with 3 million, then the
class b gets converted to class a. so the original 11 shares all
end up back at 3 million each. and the pre-split purchases have been r/s back to 100 shares for every 300,000,000 ?
original guy who sold ends up with 3,000,000 minus the 183,000 or whatever the hell that number in the pr is?
My thoughts,
They did a 6.5 million for 1 reverse split and gave the current share holders no option but to sell for .0005.
Then the forward split at 3 million for 1. Not quite half the original number of shares.
My thinking is the shares should be worth double the .0005
Then you add a penalty for them screwing the original share holders.
Then you add a penalty for them trying to screw the new share holders.
Then you add a penality for the time and aggravation.
I think from .005 to .01 would be a settlement I would readily accept.
Maybe someone ought to send SSP's execellent link to this guy?
German Chancellor Gerhard Schroeder.
Did the insider sell 250,000? Or is some of that 250,000 people trading in and out. Also, there was talk of the insider or the company possibly doing some of the buying on 5-23.
It would be nice to know just how many shares we are talking about.