Married
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"B roll" also refers to footage provided free of charge to broadcast news organizations as a means of gaining free publicity. For example, an automobile maker might shoot a video of its assembly line, hoping that segments will be used in stories about the new model year.
above from wikipedia
I have seen a B roll of asfx Thermo . This may be what you have seen.
The company provides it to the broadcasters as free content for otherwise expensive News program blocks.
Can also include, radio cuts as well as print versions. Again its free content. Typically you can hire a B-roll out fit for about 10 to 15k all in.
You end up with the film in the can cut and edited. The audio track for radio, which is the emailed to a traffic house and the print goes through a similar process specific to print.
exactly, they are simply being registered for free sale pursuantt to Rule 144 of the Act
its sad that a lot of people are going to get hurt, but I am sure it happens all the time. I see this as a giant shell game by a group of people that they all know its a masquerade, trading back and forth on the carcass of a business. No opinion, and I am hardly qualified after running thousands of cosmic fortune 5 companies.... I still get a kick out of the personal attacks and ridicule........
sorry, it was a poor choice of words, i agree
thanks for the explanation and insight. this is byzantine, its like a vegetative human on artificial life support so they can harvest the organs
wadda ya mean?
unfortunately, there are no such things as "Contracts" in the retail arena per se, other than private lable or coop advertising/merchandising agreements.
Purchase orders are the only real contract.
Others here are free to opine differently, but other than whatever the Bayer deal is or is not is all I know about a product sales "contract"
I don't know the answer to that. I am not an SEC expert. I have done 2 IPO's of my own companies and multiple PPM offerings. However, regarding this S1, there is nothing in it that I have seen, that speaks to an uplist. But again I have not read it thouroughly, I just went to certain areas. Someone who has studied it properly is better qualified to say whether it was mentioned in the S1. my best guess (thats all it is) would be that it was not. This filing, in my opinion, seems to have been driven by a creditor-shareholder who wants out.
what happened with the short term note that was due Dec 20th (I think)
EDIT: SEC is very hesitant to reject a registration by an already public entity, as the consequences to the shareholder base can be catastrophic. usually they just comment endlessly, going through many rounds of comments, it can go on for over a year. Often commenting on things that were not commented on in prior submissions.
I will look, Im down to less than 200k shares so my experiment will come to a close soon. Lost about $2500....such is life...Thank you for the time and effort you put into this and my PINK SHEET 101 lessons....
I'll still look in, the entertainment value is there.
Hey CFG, I hope you have a great year. Most likely I will reduce my attention here. Good luck in trying to shine a light on this. Gotta tell you I look at some of the pics associated with the posters here and I laugh, looks like something out of Spy Vs. Spy Vs. Spy
the silence is deafening...where is that big bump? not under the couch, not in the bookcase....hmmm where oh where could it be, lets seee...nope not on the roof either....not behind the TV either
didnt think so
Does anyone here have any idea if the recent cash loan with a conversion clause @ .005 have a death spiral covenant? ie; the lower the trading price the more shares they get...
major edit: 9 amendments, probably $100k in hard cash plus how much stock has been given out to cover the cost, plus the opportunity cost of diverting 7 times the current cash on hand and all of the time and motion dedicated to this folly. All for something that the company receives no proceeds for? If anyone here can provide a LOGICAL AND REALISTICALLY PLAUSIBLE rationale and practical business justification I am all eyes.....in my humble opinion this is a prime example of Management's lack of content knowledge and business acumen. This cannot be white washed with some Pablumesque hype and nonsensical blabber about paid bashers and ludicrous commentary like "ASFX to the Galactic Cosmic Neretheyond" or the ever popular The big Bounce is coming etc..etc..
definition of Pablum: Pab·lum (pblm)
A trademark used for a bland soft cereal for infants.
pab·lum (pblm)
n.
Trite, insipid, or simplistic writing, speech, or conceptualization: "We have to settle for the pablum that passes for the inside dope"
[From Pablum.]
EDIT: When I say 5, I am talking about a company I founded and took public myself onto the NASDAQ large cap. After the 5th amendment we went effective 17 days after the filing. That company was bought out 2 years after the IPO by an offshore(European) PE firm and was taken private. Still in business today almost 20 years later. Companies that I have merely been an investor in have not done this type of filing so I have no frame of reference.
The key is how many pre-effective filings
Happy New Year to you CFG, and to everyone else on here. I truly hope for the best in ASFX. It is what it is. I doubt I will ever get even here but the entertainment and education value more than makes up for a $1200 loss.
No one pays me anything, I am certainly not looking to buy any more shares. As a matter of fact, I can guarantee that I will not buy anymore shares even at .0005. I don't communicate with anyone away from here on this company or any issues attendant to it. So to those that do not like my take on the issues regarding ASFX, a simple solution, "If you see that I have posted. you do not have to read and get yourself tied up in knots as to why I am here".
.........and to all a good night.........
the highest I have ever seen is 5 and that was an IPO, with manufacturing plants and operations on three continents, I know that does't compare with a 2500 sq ft thermometer warehouse in Ohio and a mail drop in South Florida...but thats the way it is
we could get to 3 shares for a penny........
So it's take 4 years to date and they are their 8th ammendment? oOmewhere along the line we have to take a stand to protect the ancient forests
what currency? Orcan Gaboons, at 25 million to the dollar?
Still no funds to company, just Gols Inc.
EDIT hey dog, when did the uplist first become a topic? It was well BEFOREI started on here. Has it really been over a year? I know the S1 goes back to 2009 which is insane on its own merits...
Hey Dog, I will say this, they continuosly speak to staff, China Operations management, Chief Communications officer, so on so on, if they are nor doing the job as described the disclosure is false, but then again they constantly hide behind facebook and third party IR types, official company information is only by convenience.
good post CGF, and disclosure is not a phone call, or a facebook post, it is public, officially dissemination of salient and relevant information, in a widely distributed fashion.
i thought they onnly had one employee???
Now I think you are onto something!
good sound perspective
Sarbanes Oxley is all about disclosure, controls and separation of disciplines vis a vis sales and finance. that may well be a huge issue here.
Banker's and Buyers are very similar breeds; the more evasive you are the deeper they probe. The more you dance, the more difficult the music, and they never forget what you told them.
I agree, except the guys at Enron were very very smart, and had run the game for a long time before the tail swallowed the dog. They were incredibly creative in the worst possible way. These guys are really nowhere near that league, and maybe that is the problem, they are fighting at the heavyweight division, but belong in the flyweights,
Hey CFG, God only knows, but lack of content knowledge, experience and business acumen might well be the answer, I am sorry I just see an ill managed company, with a management team that has little experience in the trenches, can easily be bullied by creditor's and have been cornered by lenders. Dog's sentiments re product values and viability have a level of merit, but at the end of the day, you can sell anything. Your issues re Russian connection are curious and worthy of debate and definition, the avalanche of unanswered or ignored legitimate questions are of deep concern, regardless the postings on here, that they are irrelevant, they are not and many of these issues and or metrics determine the way the trade and lender's and vendors treat the company and ultimately help define the future and the exit for the real investors. The hype and fluff may have its desired result here, but in the real world wherein the company and its products have to exist and operate, that stuff is not a consideration. The company finds cover in facebook and unofficial spin, that also hurts more than it helps in the real world, where banker's and buyers will determine the future.
My best guess, and that is all that it is, is that Goldins set the ground rules and were not happy to see all of the other sellers. I firmly believe that this insanity of filing an S1 was a gun to their head by Goldin, and they want everyone else to hold, particularly any affiliates or insiders...just my opinion, but I have high confidence in it. This S1 was a stupid and totally unjustifiable allocation of time and capital resources. Why do this? Only reason I see is management not negotiating effectively with creditors..but then again management experience doesnt matter........
My best guess, and that is all that it is, is that Goldins set the ground rules and were not happy to see all of the other sellers. I firmly believe that this insanity of filing an S1 was a gun to their head by Goldin, and they want everyone else to hold, particularly any affiliates or insiders...just my opinion, but I have high confidence in it. This S1 was a stupid and totally unjustifiable allocation of time and capital resources. Why do this? Only reason I see is management not negotiating effectively with creditors..but then again management experience doesnt matter........
i choose to go to their official public filings and their official notifications, emails and fone calls are insignificant, as is facebook, but then again Im not a pinky guru, just a business fundamentalist, which I know is seen as crazy land here. Fundamentals do no not matter, facts are just so much junk and all that stuff. but again, i am choosing to get a pink education here and have severely limited my exposure. hype and pumping dont get to me and certainly dont motivate me. i also dont get the whole russian issue but I assume CFG has a reason. i dont ridicule anyone. but i discard bombastic attacks, delusionary hype and grenade throwing and derision.
transparent is the one word I would not use to describe ASFX, just my opinion.
ok, contrary to the many attacks to my comments regarding same, I was sure that the company is monitoring this board, and I still think they are posting here incognito.