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Shares would be restricted for a year so I don't doubt they issued them shares but they can't be selling at this point
Yeah they've been boxing this thing for a while now, here's a good read
http://www.goodetrades.com/2011/01/boxing-your-shorts-why-i-could-short-tngs-when-almost-no-one-else-could/
Nice slap to start the day $SMCE
No new shares have hit the market(float) here since at least 3/31
The news was put on through Marketwired which shows on trading platforms, what's the issue?
Not really concerned, she's a new artist (the first of many imo) I'm sure it'll all be cleaned up
Nice article about Maya's tribute song to her country....
http://m.gulfnews.com/news/uae/leisure/expat-s-tribute-song-strikes-a-rare-chord-1.1421953
CEO Tajiman lmao, yep do your own DD folks! $SMCE
I think all the pieces will start to fall into place here as we move forward, these guys are pretty sharp I'm sure they're just getting all their ducks in a row as they build a mega worldwide content distribution company
She looks like a relatively new artist but seems to be pretty well received thus far, here's a link to her facebook page https://m.facebook.com/MayaVenusOfficial?refsrc=https%3A%2F%2Fwww.facebook.com%2FMayaVenusOfficial
$SMCE News Out
SMC Entertainment, Inc. (SMCE) Takes First Steps Into India's Multimillion Dollar Music Market With New Artist Maya Venus
June 3, 2015 9:25 AM
SAN FRANCISCO, CA -- (Marketwired) -- 06/03/15 -- SMC Entertainment, Inc. (OTC PINK: SMCE) (the "Company"), a record label and content distribution company, is pleased to announce it is taking its first steps into the multimillion dollar Indian music marketplace with the artist Maya Venus.
SMC will be providing marketing and promotional services for the award-winning artist and producer, Maya Venus. Maya Venus is a talented and passionate Artist/Producer from Dubai. She is a classically trained singer who has been recognized for her versatility, showmanship, and range in her award-winning work as a Playback Singer. Her Hollywood debut single, "Star Tonight," was recently recorded at The Record Plant Recording Studios in Hollywood, CA and will be released followed by her debut album.
Maya Venus's achievements are numerous and diverse. Recently she was chosen to perform her single "Long Live the UAE" in front of tens of thousands of people at the 43rd UAE National Day celebrations. Her music video "Long Live the UAE" was released to coincide with her performance and received over 80,000 views in a single day shortly after its release.
The successes for Maya Venus extend beyond music as well. She is a successful Business Woman who recently won the International Women Excellence Award and is a role model for career women. She built her successful career through multiple activities including Advertising and Media Business, Movie Direction, Fashion Design, Modeling, On Screen Performance, Live Performance, Dancing (Salsa/Zouk), Feng Shui Practitioner, Holistic Practice, and of course through sheer hard work, persistence, and belief in her capabilities and talents. She has won numerous awards in Fashion Design, starting with The most Innovative Designer of the Year Award from the Design school and going on to earn numerous national and international awards as time passed.
SMC Entertainment's CEO Ralph Tashjian commented, "India is an emerging market of independent artists' music nestled against a soundtrack dominated market. The Indian Music Industry is a developing industry that we believe is capable of generating sizeable revenue in multiple genres." Mr. Tashjian went on to say, "We see Rdio, one of the world's largest international streaming music services, now competitively offering their services in India, and a slew of other regional music companies as a sign that the time to step into the Indian market is now. We are very excited to be working with Maya Venus and working with her is a step to further the reach of SMC Entertainment through marketing and promotional services in the Middle East and India. We believe there is potential for great growth and the Indian market will be a major content creating entity in the imminent future."
While Maya Venus's first single "Star Tonight" is scheduled to release early summer 2015, SMC is actively in discussions to work with additional star musicians from the territory to provide marketing and promotional services.
For further inquiries regarding SMCE please contact ir@smc-ent.com | www.smc-entertainment.com
Safe Harbor Statement:
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of PV Enterprises International, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
$SMCE churning out a base
Solid day today $SMCE
Maybe it's not $SMCE that needs scrutiny
This is one thin stock $LGBS
That looks much better lol $SMCE
$SMCE looks cleaned up, nice and thin to the upside
OH NO!!......THE FLOAT......AGAIN.......ROFLMFAO
Once again accusations that you have no proof of
So you have no proof of any convertible notes or zero cost basis shares hitting the float that would be the cause for this price?
Nah shorty covering right now you watching?
I have, go ahead and show me your proof of zero cost basis stock and convertible notes I'm interested to see this
Meanwhile NITE soaking up more stock prior to end of day short settlement
You have no proof of anything you just speculated upon
I'm not concerned, we have a great management team in place with a ton of experience, I'll continue accumulating as next to nothing has ever traded down here and I believe it's a great price
Doesn't surprise me one bit
NITE taking in a lot of inventory today prior to finra short settlement reporting
Man someone fed me a bunch of shares
There were no shares available throughout the day so those shares were borrowed, how they were utilized is anyone's guess. Also the last reported short number is 18,726 which is a 22,061% increase from February as you can verify here....
http://otce.finra.org/ESI
The settlement date for the next report is tomorrow
Definitely odd that there was nothing available yesterday and we had no sells but today was a different story
60k were borrowed at Interactive
Tomorrow is settlement day for shorts for the next finra report, we've already seen an increase of 22,061% since February and I wouldn't be surprised to see that increase when they make the next release
Where was there ever a post about naked short selling occurring here? A short position of even 20k shares in this stock is noteworthy due to the lack of volume. If someone could get a sizable borrow say 50k shares it wouldn't be hard at all to manipulate this stock
But finra shows 18k shares short so there is a short, no Failure To Deliver is a totally different conversation we could have if there was naked short selling, in this case there are shares being borrowed to short so they're accounted for
FTD's have to do with naked short selling, there are shares being borrowed therefore there will be no FTD
Exactly right, it doesn't take a large short position for this method to work it just takes scared retail that will take a loss and allow them to cover
18k short is a 22,031% increase from February that's a huge increase
I show as of the 4/30 numbers you posted before shares short have increased 12,660% since February, out for the day you guys enjoy!
Statistics are easily skewed, in this case 800% isn't all that much of an increase
Yep and the float hasn't changed