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FUGO .60 now!! Anyone here remember SPEA?
Just UT'd to .60! Next SPEA about to unfold!
FUGO BREAKOUT ALERT! New 52 week high!
FUGO ut to .585 new 52 week high....
Its still at ground floor here.
Big time! All eyes will be on FUGO this week.
Wang, I remember when I spoke with Sterling he told me that Carol kept telling him to watch the website. Now we have further confirmation from Carol saying to Rick that the website will be updated on monday regarding the A/S. I can only assume that everything is going well...
NOW is the time to buy! With confirmation of a PR next week, and updates on the website, .0002 is rock bottom.
Im buy'n more...
Wang, I remember when I spoke with Sterling he told me that Carol kept telling him to watch the website. Now we have further confirmation from Carol saying to Rick that the website will be updated on monday regarding the A/S. I can only assume that everything is going well...
NOW it the time to buy! With confirmation of a PR next week, and updates on the website, .0002 is rock bottom.
Im buy'n more...
Not good....
http://www.sec.gov/litigation/litreleases/lr17846.htm
Third, the Complaint alleges that the Management's Discussion and Analysis ("MD&A") sections of both registration statements materially mischaracterized the financial health of MERL. The Complaint alleges that an objective view of the company was that it was in dire financial straits because of severe liquidity issues, drastically declining sales, disappearing customers and numerous legal problems. The Complaint alleges that as chairman, president and CEO, Johnson had a clear view of MERL's bleak position, yet improperly painted a prosperous and optimistic picture of the company and neglected to disclose any of the liquidity problems or negative sales trends in the MD&A sections of the registration statements.
Fourth, the Complaint alleges that MERL amplified its financial irregularities by issuing false press releases, which materially misrepresented the financial condition of MERL.
Finally, the Complaint alleges that Johnson benefited from his fraudulent scheme by avoiding losses or becoming unjustly enriched by selling MERL stock while in possession of material nonpublic information concerning these accounting irregularities.
we might see .0001x.0002=opportunity imo.
Another SOLID day for FUGO! Rumor has it that soon they will drop one of these in the form of a PR
When they do, FUGO will go DIABOLIC! IMO
FUGO needs a little>>>>>>>>>>>>>>
Huge news expected on FUGO next week. Might want to consider a position.
You guys need to chillax!...eom
Breakout...no, I love this volume. Two thumbs up from me!
Today was awsome! Volume was the missing ingrediant, and FUGO just traded 155k shares. The Avg.(3m)volume is: 13,240
FUGO just threw up more than 10x that. That should put some blips on the traders radars.
We could not ask for a stronger statement from the company than this:
"I believe 2008 will be a breakout year for the company that will result in significant gains for our shareholders."
You da man Dan!! Thank you and HAPPY NEW YEAR!
I think HCPC is going to run soon...I am staying put, holding my shares TIGHT!
If you want .0002's now is your chance.
XSNX has gone DIABOLIC! Chart>>
Why so cheap? :)
NICE!
111,650 shares traded so far...am I reading that right?
Liquidity is not going to be an issue. eom.
What a way to bring in the New Year! Looking forward to a HUGE 2008!
It will be quite the party for those who get in, and quite the show for the ones watching in the stands. Its going to be a HUGE year for FUGO! Happy New Year bro!
New 52 week high! .52!!! .48x.52 SOLID!
Very nice Squeegee! If there was a Pulitzer prize for TA on charts, you would win it :)
FUGO DD by Sterling...today!
Posted by: stervc
In reply to: None Date:12/31/2007 3:42:13 AM
Post #of 1314
Thinman13, with FUGO...
Below is some old DD from an old post I made that still applies that I will later update. I still have to get caught up on sharing some thoughts on the last 2 or 3 PRs or so. I think 2008 is going to be a year to remember with FUGO. IMHO
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=20934984&txt2find=fugo
FUGO**Research to Consider…
FUGO is a very solid OTCBB investment and not a quick trade in my opinion. FUGO has a very passionate CEO who will not dilute. Their IR guy is very loyal and helpful with shareholders to further understand the company. Below are some thoughts I gathered from doing my due diligence (DD).
The remaining Float has been confirmed to be less than 1,000,000 shares. The Outstanding Shares (OS) have been currently confirmed as 34,959,562 shares (the 35,609,441 shares in the recent 10Q is an old amount which included shares the CEO later cancelled and sent back to the Treasury). I would start with their website below to begin some due diligence (DD).
http://www.fuegoentertainment.net/
The CEO believes in keeping solid friendships as you can see him within the company’s website below with the likes of Edward James Olmos, Paul Rodriguez, Tommy Davidson, and others:
http://www.fuegoentertainment.net/photo_misc.html
The CEO filed on 7 Dec 06 with the SEC a Form 4 to confirm his purchase of 100,000 shares at .20 per share. This was because of him strongly believing that .20 per share is a discount for FUGO and not near a premium for the expected growth. This took his position to 24,650,000 shares beneficially owned out of the 34,959,562 shares outstanding. This means that he owns over 71% of the OS.
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=4530866&doc=1&total=&back=2&g=&attach=on
FUGO generate Revenues from a few different sources through what is considered Vertical Integration. Vertical Integration is where the Revenues generated from one source of the company are recycled back into the company by providing a needed service in which the company would have had to have gone outside of the company for that service otherwise. This allows FUGO to grow inward to expound outward while growing exponentially. FUGO’s sources for Revenues are listed below:
1 - Fuego Entertainment Media Group, LLC
2 - Fuego Entertainment Music International
3 - Fuego Entertainment Publishing Group
4 - Ciocan Entertainment and Music Group,LLC
1 - Fuego Entertainment Media Group, LLC
This division of FUGO is an “affiliate” of FUGO and generates its primary Revenues from royalties within the television and film industries through the creation, marketing, and distribution of finished products sold into syndication. This allows FUGO to be able to park certain assets that are to be acquired which allows for no required audit to be filed.
2 - Fuego Entertainment Music International
This entity really is not separate within FUGO, but rather a title used to represent FUGO as the “identification label” for indicating a specific source of revenue. This allows FUGO to be listed within the credits on the CD, video, film, or movie. Revenues are primarily generated from the selling of CDs. It costs FUGO $1.30 to make a CD. A CD sells wholesale from $7.80 to $9.99 per CD. FUGO receives at least $6.50 per CD for profit. Revenues are also generated from videos, but I am unaware of the Revenue percentage that comes from releasing/selling one video.
Fuego Entertainment Music International also produce, license, and distribute music/songs to make available through digital download. This is the agreement that was signed with DMGI which currently trades at $3.90+ per share on the NASDAQ. This agreement was significant because it eliminated factory overhead for the reproduction and distribution of digital music/songs/videos. Fuego's exclusive agreement with DMGI will allow FUGO to tap greatly into the digital downloading market. Because of the rapid growth within the digital downloading market, this could be FUGO’s primary medium for generating Revenues in the future. This agreement with DMGI facilitated the distribution of music videos and DVDs that were produced and licensed by FUGO.
When FUGO license music, this means that they coordinate the permission from various artists to use their song to consolidate as part of a CD compulation. Overseas, FUGO receives 300 to 1,500 euros per song on each CD compulation. For those wondering, a compulation is a group of songs from various artists to make one CD.
3 - Fuego Entertainment Publishing Group
This entity also is not really a separate entity within FUGO, but rather a title used to represent FUGO as the “identification label” for indicating a specific source of revenue. As stated before, listing as a label allows FUGO to be listed within the credits on the CD, video, film, TV show, movie, etc. This label of FUGO generates its primary Revenues from the royalties from owning publishing rights and doing a publishing agreement for radio, TV, licensing, video games, etc. FUGO receives 9 cents every time a song is played anywhere; radio, TV show, video, etc. These would be like managing the artists’ music composition.
Example: If you have a demo with 20 songs, you would send them to an artist such as Shakira, P-diddy, Tim Magraw, etc. If they like any of the songs and use them, FUGO would be paid because of the lyrics and/or melody that would have been used.
Revenues are also generated from marketing and commercially exploiting the compositions already produced that are already in movies, CDs, videos, films, TV shows, movies, etc.
4 - Ciocan Entertainment and Music Group,LLC
This entity of FUGO also exists as an “identification label.” It acts in the same capacity as Fuego Entertainment Music International as I had mentioned above, but it encompasses the pre-existing CDs and videos from the original artists before FUGO was trading as a public company. No other CDs or videos will be added. They will be added under the Fuego Entertainment Music International label.
IMPORTANT and very interesting: currently you can’t trade FUGO through TDAmeritrade “only” from no error of the company. Currently FUGO is being re-evaluated and is expected to have trading resumed any day now. The restriction might have been lifted as we speak. I have some thoughts to share for discussion later for that, but see the official reasons in the link below.
http://www.fuegoentertainment.net/breach.html
Below are the PRs of FUGO that I think one should read to further familiarize yourself with their business objectives:
Completion of Acquisition or Disposition of Assets, Financial Statement
Form 8-K/A filed on 9 May 07
http://biz.yahoo.com/e/070509/fugo.ob8-k_a.html
Fuego Entertainment Announces the Acquisition of Adriano Tota Productions' Media Library and an Exclusive Production Agreement With Adriano Tota
Tuesday May 1, 6:30 am ET
http://biz.yahoo.com/iw/070501/0246259.html
Cuban-American Film, "Zafiros Locura Azul," to Be Screened at the Silver Lake Film Festival in Los Angeles
Wednesday April 18, 6:30 am ET
http://biz.yahoo.com/iw/070418/0240371.html
Update: Fuego Entertainment Announces New Sales Revenues From Its Music Content
Tuesday April 17, 11:10 am ET
http://biz.yahoo.com/iw/070417/0239899.html
Fuego Entertainment Announces the Acquisition of the Cuban-American Film, The Bases are Loaded
Friday March 16, 6:30 am ET
http://biz.yahoo.com/pz/070316/115648.html
Fuego Entertainment Announces An Exclusive Agreement With Digital Music Group, Inc., a Global Leader in the Digital Distribution of Music, TV, and Film Catalogs
Wednesday March 14, 6:30 am ET
http://biz.yahoo.com/pz/070314/115438.html
Fuego Entertainment Announces the Release Date of the Popularly Acclaimed Cuban Film, Zafiros Locura Azul
Monday March 12, 7:00 am ET
http://biz.yahoo.com/pz/070312/115259.html
Fuego Entertainment Announces the World Release of the Much Anticipated Cuban Music CD "Algo Ritmo" by Fuego Entertainment Music International (FEMI)
Thursday March 8, 11:26 am ET
http://biz.yahoo.com/iw/070308/0224449.html
Parnell Francois Delcham Joins Fuego Entertainment's Board of Directors
Wednesday March 7, 8:30 am ET
http://biz.yahoo.com/iw/070307/0223711.html
I would also go back and read all of their filings with the SEC too. Enter symbol in top right corner in the link below:
http://knobias.10kwizard.com/files.php
Again, with FUGO, I see it as a very solid investment as opposed to a quick trade. When I first mentioned FUGO as an opportunity, one could have bought at .20 per share which was the same price that the CEO had recently purchased 100,000 shares as what was filed with the SEC to take his total to 24,650,000 shares beneficially owned. Having the CEO own 71% of the OS is a huge show of confidence that should not go ignored. I think FUGO should be considered by all to research its potential. FUGO is a very solid OTCBB stock with very promising growth in my opinion. The above DD is what I have derived. Please share your inputs on the above thoughts. Thanks!
v/r
Sterling
WOW! .49 up 31% on 35,000 shares. I can only imagine the possibilitys of the PPS if a MONSTER PR hits :)
Nice TA on that chart Squeege!...Looks like easy money to me.
That FUGO chart looks ready for the next leg UP!
Nasdaq listing requirements>>>
http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf
Goldwingeurope..not everyone has the ability to post such informative posts as yours...
Here are your last 5:
1. "Is this the wining board? Post some facts
2. Ofcours! Put American Holidays in google and you have your answer.
3. Are you all working in the media?
4. Is this a weather board?
5. Got mine at 0,0004. Thanks for the cheapies!
Very impressive Goldwing! Keep up the good work LOL!
http://investorshub.advfn.com/boards/profile.asp?user=107087
FREE CROONER! lol he will be back on 1-3-08.
Looks like our buddy Crooner was Banned.
Anyone know why?
Ban List for Heritage Capital Credit Corporation
Return to Board
Alias Ban Date Banned By Banned Until
jjtruthmatters 12/27/2007 2:58:47 PM 97314 1/3/2008 2:58:47 PM
Crooner 12/27/2007 1:07:06 PM 97314 1/3/2008 1:07:06 PM
fknts 12/26/2007 4:37:34 PM 97314 12/29/2007 4:37:34 PM
MM SIGNALS! Add a zero.
100 > I need shares
200 > I need shares badly but dont take it down to get em
300 > Take the price down to get shares....
400 > Trade it sideways based on Supply and Demand
500 > Gap one way or the other, usually to the direction
of the 500 trade. Sometimes -if in the middle -keep the price right where it is.
You are so right. Its like watching lemmings.
Zoiks! eom.