Is what it Is !
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Nope,Wrong again man..Nope donations used for business totally legal and being done very effectively...kickstarter is now ranked top 700 websites on the planet...pretty sure they got wind of it...lol
Check out www.Indiebackers.com looks very cool
No Crowdfunding is totally legal as they relate to donations. As crowdfunding relates to equities will be legal first of the year as it pertains to the JOBS act
No ! If look at the financials it clearly states that it's an Amendment ! Its a change to the prior document. Looks like the document was changed regarding a derivative liability section. Not a duo CFO issue as you stated
pretty sure it means the crowdfunding verticle
PS. Full disclosure, Im a long the stock
I agree !
I suggest you call the CEO as I did and Jeff assured me that he was NOT involved with the company directionally. Furthermore, there is no regulatory issue at all with EADE as you continually infer.
why say that if your long...makes no sense !
News today on Crowdfounding...I love this crowdfounding space
Excellent resource summary !
how do you mean ?
that would value the company at $2400 ( not sure how much you do of this stuff but even shells are valued at $350k )...extremely unlikely at this juncture
anyone know the convertible debt on this thing ?
where is all this paper coming from on this thing ?
who is the management team ? Lloyd or the note holders ?
I actually did my DD and that's why I disagree. Most of the BB companies are all the same...They have a lot of "bark" on em. That's the problem and the opportunity. On balance, I see more upside than downside in the deal. Looked at where Ritchie is positioning this directionally. Its a big story and he seems to have the support of the celebrities. I think there are a lot of people who hate the Eade guy but that's neither here nor there. He is LAWYER. Can't blame the deal or the author in my books but if you look at what Ritchie is actually doing, he' is putting the pieces together and building a company for the long term. So I respectively disagree with you on this.
Ok I just did and at this point I quite frankly wish you were right a and be done with this. But you not ! The only thing that comes up is a press release saying that he was not involved and him flat out stating that he was not involved as the bloggers suggested and he is the source. I see no SEC enforcement action against him on anything on this deal or any others for that matter.There are plenty of citizen journalists out their but no real fact checkers. Looks like he is still licenced to practice law and living in Paris; Im sure your right he may have represented these sleezeballs and some first class other ones but so did Johnnie Cochran. You take my point. He's a LAWYER..thats what they do. There the worst !
which deal was that ?
No sorry but they looked decent from my perpective
Have you already made your mind no matter what happens ?
the company ran some ads on Ihub a couple of weeks ago...didn't seem to have any impact yet though ?...I wonder if people will get excited about the celebs around it ?
I think you can still short out of Canada if you want....might be need to be a big baller though
I don't think I can follow this banter but 100% sure there is no money in it...you guys are short and Im long....will see who's right...that's it
No that's actually not true. The lawsuit was done on an individual basis by Ken and the the company looks to be actively advertising on Ihub
I wonder if he reads this board
Moderators please update management: CFO info is 60 days dated now !
moderators please update corporate info:
corp website :
www.ifilmsinc.com
ruined the company...Had such promise
1,800,000 followers I think was the point !
who cares, at best he is a shareholder. Again, not revelant
Give ya 10k to tell him to his face !...lol
No probs...if you want to view however you just need to enable your I-Hub account
There are yellow banners ads from IFLM all over the I-HUB site...Just look around.
When you say " trust us, we know the character very very well "...do you mean that you guys used to work for this Eade guy or something ? Do you know this first hand kind of thing ?
I dunoooo !!!
common Gerald get it going !!
interesting !
I don't believe you are reading these financials correctly. The majority of this loss is a result of stock issuance's to management etc and not as a result of paid in capital that the company has received. Additionally, you seem to be treating two different companies as the same; when there clearly not. You seem to be convinced that the company has an issue with I-Hub and it clearly doesn't. The company is advertising on the site and this publisher is accepting the advertising. It seems to me that your extending your personal rage unfairly, to what is clearly a development stage company.
I am not a "newbie" or ignorant to the risk of any of these BB companies. They are all a bit of a crap shoot and the fact is most of them fail but it looks to me that this management team is out to give it an honest shot.
I am Long.
It looks to me like the company is actively advertising on the site