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MPIX is still Caveat Emptor status, as they have been for some time now.
So EMAX's partner GMND has sales of $0. It's nearly impossible to do any research on C. Trade Group because frankly, there isn't much to find. I did checkout C. Trade Group's phone number, 917-297-5571 and it comes back as a cell phone. Gee.....C. Trade Group doesn't even have a landline.
That's great qtcal. But in case you haven't noticed, GMND finally released their financial results. And if you bothered to read GMND's financial results, you'd see they have had a grand total of $0 in sales over the last 3 years. So if they're licensing products from BUGS as you say, they haven't made a single sale. Good grief.
The owner of National Stock Transfer is a convicted pedophile too. If I was selecting a business partner, you better believe I'd check their background completely. I subscribe to the notion that you don't assume anything and you should verify everything.
Hey Rob, I checkout out the GMND financial report and it clearly states the revenues are zero. So, it doesn't really matter what the CEO told you in regards to GMND. Zero revenues means zero revenues. You might want to do some DD yourself because I already read the financial report. Obviously you haven't.
Slow bleeders are interesting because when you have a slow bleeder, those that are bleeding think they're just fine.
I'm not a huge fan of technical indicators but if you are, the MACD is going subterranean.
I know. I just think it's interesting that of the 50 or so companies that were clients of National Stock Transfer, pumpsanddumps specifically mentions EMXC.
Checkout the Regulatory Notices on the upper right hand corner.
http://www.pumpsanddumps.com/
nxxi was right. If the link wasn't posted, it's posted right here. It's the 4th story down on the page dated September 2nd.
http://www.pumpsanddumps.com/
There is no shortage of "luxury homes" that have been foreclosed or sitting unsold, especially in Florida. In addition to the homes that are sitting, the banks have a ton of inventory they haven't even moved on yet.
Does it make any sense to be developing some homesites in Florida when there is a ton of inventory already, and a lot of homes the banks haven't even foreclosed on yet? In my opinion, it's a terrible idea in this real estate market. We're still years away from a turn around in residential real estate.
Did you guys know that the owner of National Stock Transfer was a convicted pedophile? I can only wonder why Roxanna would do business with a guy like this, or if she didn't know, why she hadn't done any due diligence.
http://www.cityweekly.net/utah/article-35-5708-feature-the-face-of-child-porn-gina-zhdilkov-thought-her-family-was-safe-from-the-child-porn-that-ruined-her-childhood-then-the-fbi-investigated-her-husband.html?current_page=all
Robdizzle.....if what you say were true, then why does GMND have sales of $0?
The latest financial report states sales are $0. And on June 30th, 2011 the company was down to $3571 cash on hand. Good grief.
Sales were $0 for 2010 and 2011 according to GRDO's August 22nd financials. When will this company actually make a sale?
If you go to otcmarkets.com and pull up the financials on APII, you'll see for yourself that the last interim financial report was on February 17, 2010 for the period ending on January 31, 2010. It clearly states gross revenues were $0. Given the fact that APII is a very small company, how difficult can it be to provide results since the last filing? Sorry but internal audits don't take over a year and a half.
Gross sales were $0 according to their last interim financial report dated January 31, 2010.
No income statement, no balance sheet, no cash flow statement. That is a fact. There hasn't been one in a very very long time.
No Kamando.....I didn't say APII stopped providing PR's. But they did stop issuing financial reports, i.e., an income statement, a balance sheet, and a cash flow statement. Why has management not provided this information. Because without it, investors are in the dark.
Why has Action Products stopped providing financial results? I've gone through OTC and SEC records and the company hasn't provided investors with any financial information in well over a year. Why has management stopped providing disclosure to investors?
I read ALCL's latest earnings report. According to their last 10-Q, sales at ALCL were $0. Good grief.
Sure is a painful looking chart.
Utah and Florida have the same 5% corporate tax rate. Given the fact that EMAX's operations are in Florida, it's not unreasonable to ponder why EMAX is headquartered in Utah.
I was doing some research on the TA, National Stock Transfer, Inc.. Out of the 50 or so companies that were clients of the TA, EMAX was the only company who's address is the same address as National Stock Transfer. And while EMAX's corporate headquarters address is the same address as their TA, EMAX had no idea what was going on with National Stock Transfer. Interesting isn't it?
Hopefully the SEC will investigate the TA and all the companies associated with them.....especially all the companies that were sharing an office with them.
EMAX is a small company. There is absolutely no reason that financials on the company haven't been made public. While not required to release it's financials, all companies that sell shares should provide their investors with financial results. Without financial results investors are totally in the dark with no basis to measure financial performance. While Roxanna has been promising financials for a long time, nothing has come to fruition. Certainly the financial results for Q1-2011 and Q2-2011 are already known by management. If a company had good financial results to report, they'd want the whole world to know about it. Now ask yourself, why would a company not want to provide it's financial results?
Have you been to the EMAX store?
http://www.buyemax.com/emax-gifts.html
Pure junk if you ask me. You can't make this stuff up.
Demand financial disclosure now from EMAX. Shareholders deserve the financial results, and the company has been dragging their feet way too long. While EMAX is not required to provide financial results, all shareholders deserve to right to measure the company's financial performance. Shareholders should demand the financial disclosure immediately. No more fluff PR's, only the facts.
Sorry, here is the attachment.
http://finance.yahoo.com/news/eMax-Worldwide-Inc-Announces-prnews-3398934648.html?x=0&.v=1
Just read the attached PR dated June 23, 2011. Now ask yourself, do you really think MPIX can issue 400,000,000 shares at .10/share? It's so over the top, I'm just shaking my head wondering how the heck the company can make such claims. Not only are shareholders being affected by irrational exuberance, but management must be suffering the same affliction. Now your entitled to opinions too, but if you take off the rose colored glasses, and look through the pixy dust PR's, maybe you can get your head screwed back on. It makes zero sense.
I see major dilution coming because of the MPIX merger. MPIX isn't trading anywhere near .10/share, they've got something like $2.3 million in liabilities, and you have to wonder, how is the company going to pay off that debt? Thank god for shareholders. And to emmanuelxxxstocks......I did do a little DD on Armando. I see no evidence he worked for any "major" international firm.
If EMAX is going to release some news soon, how about they release audited financial results. EMAX is taking so long to release their financials, you'd think they were auditing Citigroup. No excuse for taking this length of time to provide financial results to shareholders.
This is the EMAX news? Notice that when EMAX releases any news, they are short on details? This new hire "aligned himself with a major international firm". OK, what firm? "Then became a senior executive and limited partner with an independent advisory firm". OK, what firm? Does the "News" say if they guy is a CPA? No. Does the "News" provide any detail at all? No. When EMAX releases "News", it never is.
Good morning everyone. What happened to your bids this morning? Impressive volume.
Thats fine Prof. But without financial results, you have no information to measure performance. If an investment can't be quantified with even the most basic financial fact, you're buying air. If a company can't even report a quarterly, how well do you think they can manage the operational complexities of building a company? I have written the SEC and the OTC Markets on these matters. While I am all for free markets, capitalism and the American Way, OTC Markets should require 10-Q's as a minimum for maintaining a listing on OTC. It's not asking too much for a minimum visibility requirement on OTC stocks, and it's certainly not unreasonable request, pinky or not. With out a 10-Q, investors are blind.
Somebody ask Roxy when those audited financial results will be ready. She won't answer my emails.
Why doesn't BUGS release it's financial results? GMND released theirs, and now it's BUGS turn to release it's fianancials.
If NFLX wants content, they're gonna have to pay content providers more for it. It's that simple. Content providers have lots of other distribution options.
Read the EMAX PR release.
http://finance.yahoo.com/news/eMax-Worldwide-Inc-Announces-iw-2774972404.html?x=0&.v=1
So, any idea's on how the merged company is going to pay off the $2,387,500 in MPIX liabilities? I figured someone here could get the answer from Rox since she doesn't reply to my emails.