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I have been and will continue.Its as simple as that.If you live in the past years you are lost.Its all a new game now.I would rather buy it today then in past years.One thing for sure.The R/S took the O/S from 7.6 billion to current of 34 million.The dilution was another R/S in its self.If you have half a brain.Watch the inflow to outflow.That will tell it all.We go higher tomorrow without a doubt.Oversold,undervalued without a doubt.
You are way off.He might go to the UK.Hell let him move on if he wants.Plenty of money is waiting for that to happen.I doubt that will occur because he bought the shares at .0175.Even if it was for services render.He is all business when it comes to (his)on money.You have to give credit where it is due.He knows how to make dollars even if it was everybody elses.All new companies spend money like its going out of style.It just the way it works.If you quit living in prior years you most likely will make some serious jack.
JF is not the one that is in total control anymore.You need to read between the lines.Either a buyout will occur,new finance package or merger will be announced soon.To me a merger would be great for all past long term investors.Buyout will be the quick money.Something is done.Hell if yoy want to live in the past then beat the key board.You will be left behind as you peck away durning the day.
Wick you notice things are picking up even with all the crying.We should get some good pr soon.I expect some kind of deal was made weeks ago.Big boys are just trying to suck up evreything before they move it on up.When we brake the .0024 level and close above it we see .0034.After that next stop is .0044.Then we will see a pr that should move it alot faster.Hey how did the lamb turn out.I had a fine dinner and a lovely night.
To several that are saying the subscriber base is 1700 is a complete lie.If you want to be negative starting a new year with facts then do so.To just out right lie with no facts is as bad as past management decisions on spending so much on consulting and professional fees.Now we all know these figures will fall big time.The CFO was making a killing and 1,250,000 shares per quarter with a 10% increase annually.No matter what others are saying better days are ahead.Volume is climbing and inflows are starting to be positive.Nice to see a gain on good volume in a ugly day.It is a buy signal no matter what the past losers are crying about now.2007 is gone and forget it.Its now 2008 and its time to move forward.
Its the best thing that happen in 2007.The CFO Do Joya was making a killing on consulting fees and was receiving 1,250,000 common shares per quarter.He was to receive a 10% increase annually.If you remember the so called buyout was based on a massive reduction in outstanding shares.A complete change in management.As far as the director its goes with the following.If not a buyout you can bet new capital investors wanted changes in management.Most likely to place their on inside the company to keep track of what is going on.To insure the new plan in place.Drop the consulting and professional fees and the bottom line would be in a lot better shape.
It seems the consulting and professional fees will drop big time.De Joya,CFO made a killing and now he is gone.That just breaks my heart.He was making 90k plus 5 million shares a year.Now that 2007 is gone and 99.99% lost near everything maybe 2008 just might be a good year.With the drop in consulting,professional fees even with the note payable of 50k per month this will well offset that.If they can collect any portion for the note receivable that will help.They recorded 520k as bad debt.I understand they were setting up a payment plan with one and had served the second on the third party business enitity.I wonder were they stand on the action filed on the second party? What was the payment plan the company set up with the first party?
Just got the call and will be leaving soon.That dinner you are cooking up still sounds like a winner.Hey as far as mom she is in a beter place.I'm sure the end of Dec. will always be like this.We were close and I always have nothing but good thoughts except on this day.Talk to you after the holiday.Do have a Happy New Year.Thanks for the reply.Its honey do time.
Anyone out after 2 A.M should be in a army tank.I never got a DUI because I took a cab.That dinner sounds great.Its nothing like family.Its been a bad day for me Wick.I lost my mother last year on this date.Man she was the best.I sure do miss her cooking.I just pounding the key board waiting for that special lady to show up so we can go have that fine dinner and fun back at home tonight.
He ask me to email him.I sent one.He then ask me to call him at the number he left.I sent another asking him to send me a reply with a list of things regarding the company he wanted to talk about.He then sent another saying to call after Christmas with no list.I called him and he said he lost 100k.I told him he got pucked like many others and said I lost money to.All he could talk about was how Fleming was selling off assets and the sub base was now 1700.I told him no way because as of 9/30/07 it was 19,000 per the SEC filing.I told him it was oversold,undervalued and 10 million buy in would make it spike.Quess what it traded around 10 million and closed at .0027.Its sold off but the volume is great now.It tells me something is up.I'm not pumping.As far as me you can buy,sell or hold.You can even be out and cry forever.Its a New Year so its best to forget the past.
I went through todays post and found yours.If you called Fleming a whore or he screwed everybody I could see that.Why call his girl frined a whore? I bet you never meet here nor do you know what kind of person she really is.Hell some of the worst men have the best women.Some of the best men have sluts for women.I lost money on this in 2007 and was pissed off.Posted Fleming screwed everyone but I have no clue who his woman is.Most likely she has nothing to do with this company except maybe spending Flemings money.Every woman I ever meet and went with cost me something some where down the line.I expect since you called Flemings girl friend a whore.You most likely think your girl friend,wife is one.Happy New Year ass hole!
Wick I'm going out to a nice dinner.Have one for me.I gave it up years ago.My favorite drink was any.My favorite beer was a opened one.It makes my mouth water just thinking about it.I can say one thing.When I did drink it was never before 5 P.M. durning the week and it had to be after noon on the weekends.Now durning them times I had some type of drink in my hands at all times.I've a friend that owns several nice clubs.I drank and eat the best for free 7 days a week.After the night clubs closed which every one we was at and everyone left except several nice waitress and my buddy we would party untill morning.I just got tired of it.To many hangovers should wake anyone up.
What is with all the volume the past three days.Is it just the end of year tax selling.If not then it must be the same as its been for the past three months or you could say for years? I figure whoever had to except a tax loss had to do it by the close today unless they carry it over to 08.I don't own many shares but I figure I will hold them to see if something is up.I still say its oversold and undervalued.If wick is right about the share count the market cap is 58,020.82 that is kind of funny.Ouch I know that has to hurt.
Wick I wasn't around today.Any thing of interest happen.Have a Happy New Year.Matter of fact Happy New year to all.Most will party tonight so be carefully.If you are going got to drink don't drive.Call a cab and keep everyone safe.
Wick do you play golf? Back to the conversatin we have had.I do expect thing to improve as far as share price.I like the volume this past few days.Somebody is taking note.One day left in 07.They kept it down to make anyone that sold take a massive tax loss.Its just that simple.
Why is people comparing Apple,Walmart ect. to Gameflix? These are multi billion dollar companies.I really don't care if anybody on this board buys,sells or holds shares.As far as me at this price its worth putting a little money in.If you put a few hundred,few thousand it just might give you a good gain.I'm not saying put tens of thousands of dollars in it unless you are very wealthy.To me its just to oversold,undervalued with just over 34 million shares issued and outstanding.Management hold 39% of the float.
Wick I don't think that the reason.If it were for tens of millions of dollars or more then I could see that as the problem.I'm trying to understand item #3 on that same filing reported 11/19/07.Note receivable totaling 770,000 is from unrelated third party business entity with interest rate of 12% (secured with assets of the third party business entity) and principal and interest due in Jan.07 (Past Due).9/30/07 the company has recorded 520,000 allowance due to uncertainty of collection on the entire balance.Company will evaluate its ability to collect on this note receivable amount at the end of each reporting period.My questions is what (assets) were put up by the third party on this note? Who is (Etour management) any ideas where they are located,ect so I can do a little research on this.They stated to the SEC letter for responce that in May 2007 GMFX filed a lawsuit against Etour management.The company stated they are working on a payment plan with one and one is served.
I forgot one thing in my last post.The shares are worth alot more then the .0175 cents management bought 12 million shares for monies owed to them.Its worth alot more and they know it.They could have converted debentures to pay themselves.There was 25 billion shares authorized with 7.6 issued.They could have received funding from GGI is my point.Now there is only 34,129,894 total shares issued.It makes no since.When you have 7.6 billion issued and counting the market cap was much higher then it is now.It make no sense to me.
I'm here to make money.I lost some money and took the tax loss.I'm back in and adding a little at a time.If thats pumping I don't see it that way because I'm putting my money where my mouth is.All shareholders before the R/S and after got a royal screwing without out a doubt.I'm saying to me the company shares are priced way to low and its market cap of 74,000 is a joke.The issued outstanding shares as of the Dec.18,2007 SEC filing was 34,129,894.That mean the company only increased the shares by 260,000.Everybody including me expected the numer to be at least a 100 million issued and outstanding if not more by now.We all know they reduced the authorized from 25B to 5B.As of the R/S the total OS shares were reduced from 7.6 billion to 7.6 million.Now the company issued 26.5 million shares after the R/S which management received 12.5 million of them.So it seems they sold or placed 14 million shares into someones hands.Even if you take away Mark Christ 571,429 it sill leaves management with 12 million shares or about 39% off all issued OS shares.If you add the 12 million they own and the 14 million I feel they placed into some investors hands that adds up to 26 million shares management owns and private investors.It looks like they control 77% of the total issued and outstanding shares.That only leaves about 7.8 million a float.If the company sold the 14 million on the open market there would still be only about 21 to 22 million share a float.I strongly feel the company placed them into private hands because that was suppose to be the point from the SEC filing to seek shareholder approval by proxy vote.It allowed the company to be able to issue 10 million preferred shares and 100 million series B shares.The R/S occured because management and GGI did not hold enough voting power.GGI could have no more then 9.99% of all OS shaes at any time under the agreement they had in place with the company.Management due to the 7.6 billion outstanding share count only owned a few precent and they new if any company started to seek a buyout or even a hostile bid they would lose the vote without a doubt.All sharesholders wanted changes and management new it.This is exactly why they did the R/S and no doubt placed the issued shares in private hands before the deadline on the proxy.Management new the OS at the close of business on the deadline and they new pretty much what the vote was going to be give or take a few hundred thousand shares.Now if someone want to buy them out they wil talk because the share count is so low and management owns 20 times in percentage terms now that they did before the R/S.If some one was to make a hostile bid with the low float its going to cost them but nothing near what it would have with 7.6 billion shares issued.My point is management new exactly what they were going to do.Yes they shell shocked all with the R/S.After that if you read the SEC filing regarding the proxy vote.Management spelled out exacty what they were going to do and done it.This bunch didn't wake up for the first time today.Now operating GMFX is completely another story all togather.If they would just advertise correctly,add inventory mostly games and slash expense this company has a chance.If they piss capital away and it does nothing for the companies base it just a waste.Maybe since we see some shake up in management things might get better.
Like I said I thought they had issued a 100 plus million like everyone else was saying.Then I figured they would just sell the hell out of them.Then when I looked at the 12/18.07 SEC filing they only had 34 million issued and outstanding.They had only issued 260,000 shares from Sept.30,07 to the Dec.18,07 SEC filing.I'm shocked no doubt about it.Something big time is up or the share count would have been two to three times if not more.They got some kind of a deal no doubt about that.They will issue a pr sometimes soon no doubt in my mind.Its had to keep secrets for long this day in time.Just wonder if they are in talks with SVET or struck a deal with someone else.You can dam near buy this company at its current share price for near nothing.
As far as google no I would noy buy it at 760 a share but at 500 its was a buy.Look at BIDU.I liked it at 100 but now I see no more value at leeast for me.Trying to compare these companies to penny land makes no since.Every once in a while you can luck up gambling on these penny plays.As far as this company.I'm looking at the value prior to three months ago when it had a massive 7.6 billion shares a float and 25 billion authorized.All understand they did the massive 1000 to 1 R/S and then another massive dilution occured and now they only have 34,129,894 shares issued and outstanding.They reduced the authorized from 25b to 5b.From Sept.30,07 to Dec.18,07 they only issue 260,000 shares which is a drop in the bucket.I thought they would have issued 250 times that or more.I'm shocked at the low float and the current share price.The company has not issued a pr regarding funding or a buyout yet.If you take away the 12 million shares insiders received for .0175 cents per share for services render from the outstanding that leaves 22 million.Subtract the 7.6 R/S shares from the 22 million and you come up with about 14.5 million shares they sold or placed to private investors.Most likely that happen right after the R/S occured.My point is how much cash did the company raise.If its a buyout then GGI debt can be paid with interest in full and they are out of the picture.I would think GGI if there was a buyout on the table got management to convert the debt owed to them into preferred shares,class B shares.GGI would get alot more money this way because of the conversation of preferred to common and the premium that would be paid on the common if a buyout occured plus its gives them control of the company.If not a buyout it would be better to raise cash with preferred,class B and common shares instead of the package they have had with GGI all in the past.When you can convert at 82% below the current market price and sell instantly with no limit except the 9.99% limit of all outstanding issued shares thats a hell of a deal.If the price were to decline on the dilution GGI would still be able to keep the process going over and over.If not a buyout hoprfully the debt owed to GGI was converted to preferred,class B shares.I think this way the company most likely could get capital for future funding without the on going dilution from the funding they receive from GGI.There is always investors out in the private sector looking to invest capital but not under this companies past funding with GGI.As far as a dot com bubble we are not even close.Remember the Nasdaq was twice what its was then.Yes some of these big stocks with 300% plus most likely will come down to earth over time.If you look at Intc,Csco and others they less then half what they were.The Nasdaq to me is not over bought.The DOW is a little heavy to me.Now thats just my opinion.I say it again GMFX is way oversold and undervalued any way you look at it.Someone posted about WMT closing its online DVD.Thats good for Gameznflix.The big companies have to have millions of subscribers to break even because they have so much over head.GMFX is a small company and if they can grow the subscriber base it can make a profit.Hell if they were able to get several hundred thousand it would be a rocket.If is a big question mark.Hopefully management has a better understanding how to grow the company now.All they have to do is advertise correctely,add inventory games mostly and try and keep down expenses and we might see positive revenue and growth.Maybe they need to merge with another company.Both companies base would be added togather and they could cut head count which would reduce expences.The company has a bunch of options.Its only what road will they go down.I do think we will see a positive pr release soon regarding a buyout,merger or funding.
I'm not trying to pick a fight but wick is correct.If you multipy the outstanding shares times the closing market price the sum is the market cap of that company.Now thats the way I understand how all markets do it.Maybe you have a different method.As far as I understand it the DOW,Nasdaq and OTC all use the same method.Closing market price times the outstanding shares equals the companies mkt.cap.
It want be a public company long at that price.
Wick no matter what anyones opinions are.You are correct on the outstanding shares.You have the correct company and the correct info from the SEC filings.All anyone has to do is go to the SEC web site and enter companies latest filings.Enter Point Group Holding and hit enter.All of GMFX filings with the SEC are there for the public in general to read and do a little research.I'm shocked that the total float only increased by 260,000 from Sept. 30,2007 until Dec.18,2007 SEC filing.
Its does appear 12/18 is correct.In no case prior then 12/11 the period of reporting which was filed on 12/18.The 10SQ period of report Sept.30,07 filed on Nov.19,07 stated they had 33,869,649 outstanding.The 8K filed on 12/18 shows they increased shares by 260,245.That really is nothing when everyone was thinking they had tripled the outstanding.Anyway you slice it something big is up or has been agreeded on.I have to admit you got a sharpe pencil.I wonder after the R/S the number jumped from 7.6 million to 31.6 million if the company placed the share in private hands.The private investor lent them out so they could be used to short causing the dilution any buying them back for near nothing and getting all R/S holders plus the new holders just after the R/S and others all the way down to throw up there hands and bail.The 33,869,649 outstanding is not alot.This company stock is oversold by a mile and the companies value is near nothing.Just waiting for a pr annoncement to come at any time.
Wick I still think you may be onto something regarding a buyout.Its either that or meger,funding.I added to my position today and lost a little money on it.I'm not selling any that I own.I owned shares much lower and some were free from trading it.It seems everyone is just flipping it for few dollars but if you or me are right they will miss a big part of the run.Its way oversold and highyly undervaluded.No matter what any ones opinions are on it.One thing for sure is the volume has increased big time.Lowering the authorized from 25b to 5b was the first signal.Its appears the volume is the second one.All I'm looking at is when they did the R/S which wiped out everyone and then the dilution after tells me if there was ever a time to be in its now.Your previous post regarding outstanding shares could be somewhere close.They may have not issued a bunch like everybody had expected including myself.Even if they had issued twice the 34 million thats not that many but that filing date didn't leave them that many days until the 12/31/07.I had a feeling it would open higher and go lower today.I thought the market would get hammered today because of yesterdays news events.We just need a good pr report like we talked about and its off to the races.Thinks for your interest about the company in a positive way.Hell I understand everyone including me is pissed regarding the dilution but its time to move on and try and look at things in a positive way.Have a great weekend and have one for me.
For the ones that are looking toward the future and not living in the past it appears some type of deal has been reached.Wick leans toward a buyout and it might just be.Either its that or a merger,funding.As I already stated when they reduced the outstanding from 25b to 5 b that was making a statement that something in the works and now its most likely in ink.All penny stocks are gambling anyway you look at it.This one is way oversold and undervalued.All managenent has to do is advertise correctely,add inventory mostly games and reduce expenses.The CFO leaving was a positive for shareholders.He was making 5000.00 a month plus 10% increase anually and 1,250,000 share per quarter plus other monies from the SEC filings I read.Director leaving means they are changing management.Just what was needed for the company to grow and operate toward a profit.This company can grow big time if management operates it as a business for profit.
I'm in agreement with you.It only makes since because there was no reason to lower it unless thats what it took to ink the deal.I was thinking more on the line of a merger or funding but now I'm leaning more to your thoughts on the matter.We will know soon.Small companies can never keep anything quite for long.I thought they would announce something before Christmas so shareholders could have a very good one.It looks like the plan is to give shareholders a merry happy New Year.It sure is quite on the board tonight.
Never seen it so quite on this board.Is everybody in shock or just trying to figure out what is going on.Bet your bottom dollar something big is up.You don't do a R/S and dilute to this level for no reason.The big boys took it all the way down sucking out every single drop of blood and now that they own it all they are going to drive it straight back up.They may have lost on the R/S but they made big money as it hit bottom and all lost except them and now they will make all there money back plus interest.Now that said all shareholders can make money on this one now as they move it up.You want make what they will but you can make part of your losses back.I'm going to add to my position and hold it tight.No way am I going to flip it for a few dollars.Wick maybe right on a buyout.On the other hand I think its a merger or they got a funding agreement.Either one will be good for all shareholders.I still say the signal was when they reduced the authorized from 25b to 5b.The CFO leaving was a positive for shareholders because he was cashing in big time.He was getting 5,000 a month with a 10% increase anually with 1,250,000 shares a quarter and other monies.Then if you see a change in directors on top of that it tells you things are being changed in upper management.This company can be a success and grow big time if operated correctely.They need to advertise correctely,add inventory mostly games and lower expenses.If they acheive these goals this can and will be the correct way to operate the business so it can make a profit.If its not a buyout then 2008 should be a banner year for the company and its beaten down shareholders.
Man its about one of two things.The company is being sold,merger or they have a finance deal.Most of the time you have a shuffle in management when big deals are made.If I read the SEC filing right the CFO was receiving 5000.00 a month with a 10% increase per month annually and 1,250,000 shares a quarter.Not including all the other fees he received.Sounds like a positive for shareholders not a negative.
Hey wick something big is up.You may have been right about Fleming selling the company.I still think they got a finance deal in place.I expect something to be announced soon.It nice to see green because its been a long time.After the R/S and dilution all its been is red.I expect this one is going to be moving on up.I hope we do here something soon.
Its still the most oversold undervalued penny stock since the R/S and the dilution after.I expect some type of finance is done and we should here soon.Like the shake up in management.If operated correctely this company has a good growth outlook.Need to advertise correctely,add inventory mostly games and reduce cost.Is nice to see it close on the high.
One last thing before I go.Everyone is pissed off at the very least.Its a new year coming so you might as well put the past in the past and forget about it.Hell I've made many mistakes in the past.I don't live with them everyday.Its no way to live.Life is to short.Its best to go own with the future and try and be happy.Sonetimes its hard but its better to be positive then negative.Good luck to all and best wishes for a Happy New Year!
I argree with you about the sub count.No way they lost that many.I think its went up not down or somewhere close to what it was at worst.People postong on message boards most likely are not members.I did not say it was a CS employee.I said its a employee of the company.Hell they may have been pulling my leg and the bottom has fallen out.I think it was valid.No matter what I still say since the R/S and the dilution since the share price is oversold and undervalued even if they have 100 to 150 million share issued and outstanding noow.I think its some where in between and it could be lower.I still say buying penny stocks is gambling anyway you sum it up.Its worth putting a few hundred dollars in.Its not like its going to break you.If so keep your money because if a few hundred bucks breaks you you need to keep it to eat.I agree management made some serious mistakes.Hopefully we get somemuch needed capital and some upper management changes.Add some directors to over see the business and keep management on a tight rope.This company still has a chance if it is operated correctely.Advertise correctely,add inventory mostly games and cut expenses.
Why did they make the company name so hard to remember?Everytime I go to the web site I have to type it back in.Its seems they would have named it gameflix.Seems it would have been alot easier to remember.Still no news so it appears averyone will just sit on there hands and wait.Remember playing penny stock is just like going to a casino and gambling.Its a poor mans dream and a rich mans write off.To date all old shareholders have lost 99.4% of there total investment just in the last year and alot more if they purchased after the R/S.Its really more like 999% plus.I was trying to look at the positive side if you can think of one let me know.AWYI has a LOI to accuire another company which will add 7.5 million in 2008 to revenues.It has alot of promise and the volume is way up so its worth keeping a eye on.It suppose to happen by year end but if it does not then it will fall like a rock.In the past couple weeks it went up four times so it maybe overbought now.I would like to see something positive come out of gameznflix after holders were killed.
Until I see a pr regarding finance I will just wait it out.I might put a few hundred in it but thats all.I was stupid on this once already.I be dam if I get a double screwing.I think my lucky stars I was not in this in prior years.I though they might have announced something before Christmas so some holders could have felt a little better.I quess they figured like always.You can bet they had a Merry Christmas.I got several things to do so I talk with you later.
Maybe they can get Elvis to do a pr campaign for them.You do know he is still alive.I've no idea what it will take to move this one but that 7.6 billion rock shrank to a pebble.I agree it killed alot of people rolling down that mountain but it sure lost alot of its size.
Man if you buy a penny stock and your net worth is not in the millions of dollars you are gambling.As far as slot machines they are rigged.Employees have no idea when and if ever it will pay off.Casinos back up to the world and say place you bets.Yes some win but even the rich lose at the games.As far as message boards I trust no one ever.I'm retired since I was 36 and now I'm 46.Now that is another subject but its the truth.I like to gamble even at casinos but I've my limits.When I go its to have fun.Yes I like to win but if I leave with any money I took with me I am happy.I still say this company is oversold,undervalued due to the R/S and the dilution after.I would rather buy it now then anytime in the past.Now that is just me and everybody else may have a completely different view.I'm not going to be stupid.Its going to be like going to a casino.I'm only going to spend so much and that is it no matter what.
The sub count of 1700 is competely false.I'm not trying to pick a fight but you have no clue if you think that is the number.If you got burnted on this like me and I feel you did. Then you had every right to cancel for whatever reason because it was being paid by you.As far as what I said about him going to London.I had someone that was taken for a large sum in this dilution.He new the CEO and told me he had some contacts inside the company.Now this could have been a lie but he seemed to know alot about this company and how it operated.He told me he was doing everything he could do to see Fleming went to jail.He stated he had spoke with a SEC investigator in person from the way I understood it a good ways back but they found no evidence of wrong doing.This is what this person told me and beleive me he has much anger toward the CEO like most including me.I spoke with a employee today over the phone and she stated the sub count of 1700 is false.She stated business was doing good.Now she is not upper management but in her position she would know if things are bad,fair or good.I knew when the filing in Nov.07 of the director sales it was going down.I waited a little to long before I sold.Took a tax loss.The shares I own now are free from trading.I'm not a pumper of this stock.I would say if anyone is looking for a oversold,undervalued play then this sure looks like one.I've been trading AWYI and made some money so you lose some and win on some.Hopefully this dog will start to act like something worth trading.I'm glad to see some people leaving the company.Management needed a complete work over but then thats not to say however comes in will not do like in the past.Hell with thr R/S,dilution its like the company started completely over and the only losers were shareholders.Dam it looks like all shareholders before the R/S and all new shareholders could be bought for 100,000 dollars or less.If that not starting over then I've no idea what you call it other then a screwing.
Would you agree that every penny stock is gambling.Its like going to a casino.You may win a few times but most often you lose everything you took with you and if you have a bad problem you lose alot more then you can afford.