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i haven't bought any in a while, down considerably, today helped..just decided to hang on for a while and keep hoping that somehow gm would have some overshadowing influence...it appears gm presence has grown with new appointee and MM taking a (lessor) role. i'm going to hang on until new year at least.
anyone here planning on buying cgaq tomorrow? just curious..think board should take the rest of the week off from cgaq trades and see where she stands next monday..i expect ceo to unload a large chunk before the week is over, he senses the noose tightening..most all of the big-boy longs are on the sidelines, we've got a board full of DD that no newbie in their right mind would touch this stock. most folks realize that cgaq investment is shot...so what the heck...i sure wish we could set up an even money betting pool on whether cgaq gets the track or not...i'm in if any takers!
i emailed stevan and mentioned that there appears to be an outstanding 10k iou due. i recommended he pay you if due. shoot, at the least he can issue you 10k in shares...financials indicate he has little trouble in doing so..good luck in retrieving accounts due!
myopinion...FACT: 06/21 cgaq marketwire pr ceo swank states expect "$300,000 net proceeds" from guzman fight!! chade stated this is his 4th fight, i can give him some leeway of 20k, 50k..even 100k!! but swank obligated to tell me he has made some money after his 4th fight promotion, and especially after he continues with these proceeds predictions! OPINION:it is quite easy to understand shareholder confidence shaken with lack of performance. sure, swank did what he said he was going to do by staging fight, but on the other hand, he failed miserably in making any money, which is essential after fight #4! OPINION:these continued failings lead me to believe he either is demonstrating flagrant ineptitude or thievery..either one, swank is not getting the job done for cgaq shareholders. would you like me to continue to another SS pr and profile another letdown? respectfully...
i don't know if good or bad, not aware of what mmtc price was at deal execution. at least i'm comfortable in knowing that .0033 should be the floor price, regardless ...
my understanding from epic 2011 annual filing is that epic has already arranged exclusive mmmtc distributorship for products and software (past tense) and the 150 million stock purchase is ongoing for the next year (present tense).
janey, understand your concerns..my info is obtained from epic 2011 annual filing on their site...very last couple paragraphs of (i believe) eight page document..ceo tucker mentions the 150 million share commitment as well as a "done deal" as mmtc exclusive distributor for mit1000a and software library..i did not know how to copy and transfer for all to review.
agreed..stock cellairis, show some good sales, pump bieber videos and add some strong pr's...opmg will move instantly!
chade, please tell me that armando c. was not the roulette vendor and potential columbia casino partner..please, just a tad of good news..thx.
roberto, any slots in Slot Parlor when you resigned? any truth to chade accusation? please tell me that was not a "doctored" photo you provided us. good grief!
Puerto Plata Slot Parlor contains no slots-unbelievable!!! no wonder ceo has not responded to my inquiries, nothing but deceit!. another successful swank endeavor. couldn't write this script if i wanted to...move over keystone cops. i'm sure guzman is no longer in our camp. sure has been a wealth of knowledge exposed this week. plenty of DD for newbies. we're toast. ceo most likely will flood the market soon and salvage whatever he can..we'll know shortly.
roberto, thanks for visiting board and answering..i know there's little reward for you here. when you resigned, was the Slot Parlor still in operation? also, you took photos, but can you finally release the slot machine number? i guessed 12-15 machines from photos. have any more machines been added since opening? financials make no mention of Slot Parlor numbers from my research..thx again!
chade, what are your intentions as administrator of cgaq facebook site? curious, does that 10k iou pertain to facebook services? has stevan ever paid or promised funds for administering? if we held a shareholders meeting, maybe we could place you on the board and you could at least recoup 10k. also, could you please advocate a free weekend "dividend" for all shareholders comping room and board and disco and matchplay? thx much!!
roberto cleared up the track issue...cgaq approached track with an offer, any of us could have done the same thing with a little fluff. folks snarled at PsD in earlier posting when he stated he contacted officials and they said track was not for sale-IT IS NOT! track is not up for an official public bid...track officials entertained a cgaq offer..that's it, that's all. swank has embellished that offer to buy time and hope stabilize price. we will soon get a couple more fluff pr's, but in the end..no track deal..nada! are there enough shares here to call a meeting and replace swank?
janey, epic has committed to purchasing 150,000,000 mmtc shares this next year at .0033....
roberto, you stated "once (cgaq) started negotiations" with the track...can you confirm that track officials have made the first move in posting a public bid offering for the track, or is it the situation where cgaq thought it would be a good time to approach track officials and propose offer? there is a HUGE difference between the two. did track officials put the horse track up for play, or did cgaq make a play for the track? thanks much!
ok..thanks for reply..so, reading between the lines chade was correct in stating you were dispersed 150k cgaq shares by swank once you (threatened) the possibility of posting your negative experience on the roulette table..just wanted to get it straight..i wonder if that exposes the company for potential suiters who also lost money on this scam? glty
i emailed the company couple weeks ago asking to update the Slot Parlor financials since i could locate no info regarding the "profitable" parlor in the last filing. no reply.
hi crookedneck, chade indicated that you were issued 150k shares by cgaq..i'm just reiterating board posting, but curious as to why you did not address this issue, but responded to others. if true, there also was implication that these shares were issued in connection to your "free" trip along with posting of (favorable) cgaq experience. could you please set the record straight on this matter? thanks.
chade..fwiw dept..i emailed swank a couple weeks ago inquiring about IR position. he specifically replied that you were cgaq IR at that time.
i hope chade and bobdole don't decide to place their 30 million plus shares for sale this month taking advantage of any tax losses this year. they've indicated they might wait until the first of the year, hope they do. please hold tight until the first gang. let's give ceo chance to perform a holiday miracle.. shoot, i'd be tickled if swank would pr that cgaq will be involved in next guzman fight. this fight will lead to a potential payday. i'm emailing guzman camp reminding them it was swank that stepped up and gave guzman another chance, when it appears no one else would touch him! loyalty should account for something, but then again, i don't know what numbers swank "predicted" for participants efforts. getting guzman would be a big plus!! ..big!! ..if no guzman, and no profits from last fight effort..it will be a long 2012 first quarter.
actually, i'm jumping the gun on this idea...the timing would be better once the certs are approved and the mit1000a is officially launched..mind was rambling about the demo..
i'm approaching the testing with a "janeyh" attitude...mmtc lab testing performed thousands of times on in-house samples...results known before any testing done...sure, a great time to demonstrate mit1000a in action and of significant importance...i'd expect janey to say, "let me bring in my own privately documented samples, new to mmtc testing, and then see how efficient mit1000a is!". i think price would jump 50% on that data alone. might be able to approach a potential client for some of their "documented" samples. glty
i'll email ceo brennan and ask about possibility of testing "outside" samples and what requirements he has of these samples..thx again for enthusiasm!
if we provided our samples, and only 2/5 were contaminated...i think it may go a long way in skeptics minds...mit1000a would decifer the two contaminants out of five samples, not knowing which were the infected...lab samples have been used a thousand times and results expected..can't imagine ceo would object, and frankly should encourage. thx for efforts.
still here..and bought another 70k shares last week...must admit my anxiety in price appreciation and pace of some company actions, but overall, this stock has put together a rather impressive roster..website looks great, need to get cellairis stocked and app sale numbers on the move!
SGR/Chartman can you contact mmtc and ask if they would allow you to bring a limited amount of "contaminated" samples for testing? since it only takes a few minutes to verify results, (re:) i suggest possibility of testing five samples, two infected...we could work on obtaining samples, mmtc would just need to specify sample "parameters" (sample size, temp requirements,etc). this would be a splendid, unbiased field test for mit1000a. thx.
Pandora's Box has opened with a wealth of revealing information this week, much i think would have been appreciated to have been revealed a while ago! i think most have concluded that the track has really never been in play, but cgaq most likely embellished a proposal to attempt a lease/purchase to halt price skid. Never has anyone, anywhere, other than cgaq acknowledged the track has been receptive to public bid at this time. NONE!!..."Good standing" is worthless and a buyer of more time to attempt "damage control". cgaq continues to lose money with DR casino, why in the world would we consider Columbia casinos at this time with our track record? kiosks info are more fluff with no mention of a jv with manufacturing firm. who is making these machines anyway? sure not ggl. what about the software deal? chade,i think you mentioned that DR news media mentioned a 2 hour "plug", no one other than you located that info-just what did it say anyway? I'll bet nothing of importance! swank previously pr'ed that potential 300k net on last fight. his last pr has primed us for huge disappointment and mentioned promoting "new talent". Big payday Guzman not new, no indication of promoting next fight-no guzman and no profit is incredible and intolerable! Third attempt and still no moola-give it up! Finally, no word about"profitable" Slot Parlor? I had hoped i would last long enough for some swank pr magic that might propel prices to break even, but with the recent board upheaval that will not happen anytime soon, or even months from now. ceo can't play the racetrack card much longer, the staunchest supporters and largest shareholders have indicated total unrest and "deadlines". market will not handle the potential 30-40 million shares that threaten to be sold along with swank's cut. a thought just came to my mind-just how efficient is the DR gaming regulators? casinos a big cash business, i wonder just who is watching cgaq to make sure "folks" keep their hands out of the "cookie jar"? appears .005 upon us soon ... and lower... i do own shares and absolutely hope i'm very wrong in my summary!!
"We have been informed that other potential bidders were eliminated for various reasons. CGAQ feels fairly confident that we can prevail; however, nothing is guaranteed."....ceo swank's last pr stated bidding will be decided in december to "manage" the track...this appears (my hunch)to indicate that it is a "lease" agreement, not a sale. that said, all other bidders have been disqualified..cgaq's lease bid appears to be only one accepted...all indications are cgaq receives track lease bid...anything short of this, in lieu of pr's, would be surprising and "questionable". track lease hopefully comes with large number of slot locations for kiosks..cgaq prices seem cheap with the anticipated good news of track lease pending!
chart, did either of you (sgr) get a chance to view a mit1000/mit1000a prototype in the office? also, epic ordered (5) mit1000 systems for 200k-"immediate delivery"- four months ago...any mention of this transaction? thx much for both of your efforts and time!! much appreciated!!
who knows, maybe sgr or chartman will get a chance to demonstrate mit1000 system in action. ceo stated the ease of operation training, so can't think of a better meeting "ice-breaker" than to have a successful shareholder demo!|
emailed don saxby last night hoping to get a "scoop" on guzman's next fight plans as well as some "stats" on nov 18th fight. also asked about future cgaq involvement..not sure how informed he is, but gave it a shot anyway..
typical case of a ceo wannabe....financials demonstrate his flawed character....no way these numbers are accurate...i'd guess too much cash spread under the table with erbb...pitiful. run, brian run...run fast and please run far!
terrific post DD .....can't agree more..
fione, may good fortune accompany you in your new business adventure and hope someday to be attending your shareholders meeting...best to you, thx again!
sgr..just got home...another shareholder meeting question if possible. my problem with generic interviews on the web is that the interview is too soft, don't probe enough. we support mmtc, don't intend to be instigators, but feel the need to ask a few "pushy" questions for transparency. i sent you one earlier, here is another..july 26,2011 epic ordered (5) mit1000 systems "for immediate delivery in a transaction valued at 200k". i emailed epic ceo tucker a while ago asking if he had received systems-he politely responded epic had not, transaction takes time and wants to do it right. understandable since he had little time from date of pr and date of my email..but four months have now passed, and i'd like to ask the same question.."Has EPIC received the (5) MIT1000 systems yet"-and if not, why not! july 26 pr did state "immediate delivery", so curious as to what "immediate " actually means. MMTC last quarterly does not show any sales, especially none from EPIC, not even a deposit fee for the five systems..my concern is the potential for the two companies to be "scratching each others back" with these pr's. sgr-tough question, but one that could be quite telling and i think should be asked if you get the opportunity. transparency is a must, and this question confronts that issue..thanks again for yourself and chartman's time! glty.
TS..might you consider posting the proposal and/or pr submitted for our review? applaud your efforts, just curious to see how "reasonable" your offer was..thx!
super duper!!! ..appreciate your efforts much! i know you are very pro mmtc, we all want mmtc to succeed!! i just ask that you push the envelope in your questions, so to speak. i know it's not your style, but put your "devil's advocate" hat on for a question or two... the tougher the questions, the more transparency-cold hard truth much better than soft easy lies...go get em' tiger!
lol..i think you've added one too many chili peppers to your lunch burrito! are you insinuating with your feisty posting that cgaq ceo is behind the typewriter and he ultimately employed a disgruntled shareholder to act as an ihub traffic cop to pacify her investment? your too much burrito!! respectfully to all parties, i encourage shareholders to email swank and have him make an IR business decision as to who and what their responsibilities include. might be why we have had frequent IR turnover. ceo needs to let the IR person do his/her job. have a great day and i'm emailing swank now..
sgr-i'm a little confused with epic 2 million offer. i interpret that it is not a one time 2 mil payment, but a series of payments that will include any product purchases to also be applied toward the 2 mil offer plus licensing royalties..so, let's say epic orders (10) mit1000a units at $30k cost...that 300k would be applied toward the 2 mil commitment. if i'm correct, the 2 mil offer is in its simplest form an agreement to at least purchase 2 million in product, no payment for additional mmtc "intangibles"..epic may well be the only source for the (6) month of future sales. (which i'd expect epic to be the source due to the pending agreement). i hope i'm wrong and mmtc receives the 2 million above and beyond any mit1000a commitments. any help in clarification much appreciated!! glty..