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My understanding is that the company intends to lease the production facility for the use of film production. It is irrelevant if the production is successful or not. Payment for lease of the facility is where the primary revenue will generate.
From the Quarterly...
"During the last quarter of the 2012 calendar year, an opportunity to lease and run a film studio presented itself. Although this was a deviation from the original business plan, the management felt that it was an exciting business opportunity and decided to pursue it.
On October 24, 2012 the Company entered into a Binding Letter of Intent to merge with Rangemore Productions Corp. the operator of the film studio known as Island Studios Limited (the "Studios")located at Jurby Road, Ramsay, Isle of Man. The Studios can generate revenue anywhere from $1,500 to $10,000 per day depending on the size and number of projects utilizing the facilities and their requirements. It is the intention of the management of the Company to lease the facilities out to big budget film productions to generate income as well as utilize the facilities for the creation of its own film productions."
I've taken a little more than a million off his hands since Monday... for whatever it's worth.
Yesterdays quarterly shows 817,834,722 as of 12/31/12.
Agreed... I hit VERTs 250K this morning just to check and no dice.
You would think VERT has figured out that no one is willing to buy through them. Back off and let it breathe or show your hand.
Very interesting. Thanks!
Saw that... are you sure it wasn't a t-trade? Can't check...
Just confirmed the SS with the TA... it's the same as the sticky. About a 72M float.
Agreed. Glad he's off the ask...
Under the radar for now. IMO
CEO means business...
News like this and folks dumping?? Oh well, more for me!
Sure is. Took a hit at VERT, he won't move.
Loading... I think we have a runner here...
Wow, that is stellar news! Dividend too??
Additionally, Epazz reported that Project Flex, which is a patent pending new technology that will change the way cooling technology is used has passed all beta tests and is at the next stage which will lead to a spin-off of the new Company with a dividend being paid to shareholders.
If we can get past the moron stacking 13, it moves hard IMO.
Someone bought a few today and it's pretty thin back up to .01. CEO needs to step it up.
VFIN has got to move.
LMFAO!! Just saw that... unreal.
Agreed. SBFM has a pattern of quick moves up followed by sell-offs. A flippers delight...
This is a long hold IMO.
Just regular trading… IMO
Nothing seems suspicious.
14000 in volume is hardly liquidation (or dilution).
Nobody is shorting a .0001/.0002 stock.
Long term hold for me... SS irrelvant IMO. Good luck.
Shorts got there claws deep in this one.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8822476
2,323,785,844 shares of common stock of the Company are issued and outstanding as of the date hereof
Still hilarious!
I don't doubt your buy... just wonder why my higher bid wasn't filled. Very odd.
That's odd because I've been sitting at .18 for a week and got skipped over. WTF?
Certainly seems too good to be true.
Hard to believe this is trading less than .01 with the current SS. Just doesn't add up...
Absolutely no bid support... company has to do something to generate some interest here.
VERT needs to move...
Yep... nice call.
L2 is certainly appears thin....
EPAZ has to turn up at some point I would think.
Agreed... the SS as a whole is very good IMO.
Oh! I must have missed it... just got in yesterday.
I’m not usually fond of awareness campaigns but EPAZ could benefit from one. IMO
EPAZ... float around 17M. Due for a hard bounce IMO.