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How is EMAX Media/MPIX planning on retiring the $2,378,500 in MPIX liabilities? What do all the "shareholders" think?
How does EMAX Media/MPIX sell 400,000,000 shares at .10/share? If you like their chances, I have a great opportunity with a beautiful marsh-front view in the Everglades for you.
It's been over 30 days since EMAX the merger with MPIX. MPIX is now trading at .019 per share. Since it's not trading at .10/share, you should be wondering how that additional 400,000,000 share sale at .10/share is working out for them. This is going to get real interesting IMO.
http://ih.advfn.com/p.php?pid=nmona&article=47977698
Purple Wonder....it appears that Tom Aliprandi will be involved. See link and click on the June 7th press release.
http://www.otcmarkets.com/stock/MPIX/news
From reading the Raging Bull piece, it seems that Tom and Roxanna use a similar playbook.
http://ragingbull.quote.com/mboard/boards.cgi?board=MPIX&read=34897
Here you go Purple Wonder. Read the whole press release from EMAX.
http://ih.advfn.com/p.php?pid=nmona&article=47977698
I read up on him. Chairman of EFuel. Seems like another scam company IMO. I see he was also charged with arson in Florida. Seems like a low life character right out of a Carl Hiaasen novel.
I was reading up on the MPIX merger, and was doing some due diligence on MPIX's Chairman, Tom Aliprandi. Interesting......very interesting.
http://ragingbull.quote.com/mboard/boards.cgi?board=MPIX&read=34897
All I was seeking was financial transparency for all shareholders. Management finally posted it's results, and they should be commended for doing so. Now investors have facts.
I'm not a huge fan of technical indicators, however EMAX has broken below it's 200 DMA support, and the MCD is pointing lower.
I didn't mean to imply they released their financials because of my criticism. I only mentioned that I have been critical of the company for not having released results for years, and then yesterday they were released. I'm sure it was pure coincidence.
EMAX made an investment in GMND. I have been pushing GMND management to release it's fanancials, and to my surprise they release their financials for 2008, 2009, 2010 and 2011 yesterday. While the company had sales of $0 over that period, at least management opened it's books.
You mean as a shareholder mquattrini, you don't care to know?
The greater visibility a company can provide shareholders the better.....always. Good results or bad results, shareholders should be given the tools to set data points and measure data points. Q1-11 and Q2-11 have been closed for months now. These results must already be known by management, and therefore management should release those past quarters.
How are those audited financials coming along? While we're all waiting, maybe Roxanna can release Q1 and Q2 results?
Of course I know that MPIX is not required to report it's earnings, and that explains why it has a Caveat Emptor tier rating at otcmarkets.com Naturally MPIX can not report anything and continue to sit with a CE tier for years if they want. The question you need to be asking is, why would a company make a decision not to report results? If management had good financials they'd want the entire world to know. If management has poor numbers, they might want to hide them. Now if MPIX is for real, and they have a solid business plan, they should provide the financial results for the last couple years so investors can measure progress. It's about credibility. Management either has credibility or they don't. If they have credibility, show investors the goods.
Jerseyfish....read the financials for 2008, 2009, 2010 and it's 2011 interim report. The company has had sales of $0 four years in a row. Zero, nada, zippo. What is it about zero in sales don't you understand?
Financials are out today, and available on the company website. I commend the company for posting it's financial results for 2008, 2009, 2010 and an interim 2011 report. However, the company has not made a sale, or booked a single penny of revenue during the last 4 years. In addition to never making a sale, the total deficit in shareholder equity has gotten worse, year over year over year over year. Again I commend the company for finally providing visibility on the financial results..... But it's also clear from examining the results.... the company has had zero revenues 4 years in a row, and larger losses in shareholder equity equity 4 years in a row. I realize GMND is a development stage company but come on....$0 sales. If you think I'm just a basher, go to the company's website at greenbizness.com, click on the investors tab, and you can view or download the PDF results yourself.
Jerseyfish, except you're making an assertion that GMND is going to have $3 billion in revenues when in fact they have $0 that I am aware of. Your assertion is just plain silliness. To suggest such nonsense only illustrates your complete lack of reality. The Forbes article you've mentioned did not mention GMND. As of today, GMND has no assets in Pennsylvania. So to suggest that that all potential fracking revenues will be won by GMND in this region, and that their net profit margin will be 20%, is utter nonsense. You ignore the fact that GMND has no assets there currently, or that GMND has the products, or expertise to compete in a business that has larger and higher capitalized players.
No problem Prof. Like I said, I have commented on the paid in shareholder capital before, and did comment on the revenues and net earnings on that capital. I just never calculated the ROE of investors paid in capital until today.
Really prof? That is the very first time I've posted this. I have posted the paid in capital from shareholders but I've never calculated a return on shareholder equity before. Nor have I ever commented on a shareprice if hypothetically the reverse splits were backed out.
People are laughing at you clevertrade because obviously you don't realize that splits, reverse or otherwise change no values.
Some interesting mathematical tidbits. The company has paid in captial over the years of $46,140,616. So with paid in equity from shareholders of $46,140,616, the company only posted a profit last year of around $110,000. So, the company's return on shareholders equity was less than .25%. The company would have made more than 15X more money (risk free) just investing shareholder equity in the 30 year US Treasury. Another hypothetical, take out the 2 previous reverse splits in EMAX's history, and the company would be trading at .00001
Temeku999......I corrected that typo. According to EMAX's 2010 financials, they did show a small profit of around $110,000 in 2010. But given Roaxanna's reply to Sonny (see sticky up top), she states in her last sentence, "Also reenues from the companies does pay for "most" of the companies needs". Notice she didn't say "all" of the companies needs. Therefore, if the revenues aren't enough to sustain all of the companies needs, EMAX must be cash flow negative again.
I had a typo. I meant to say that while the company did show a small profit last year, this year they must be pointing towards a loss. Read Sonny's sticky up above. The last sentence from Roxanna states, "Also revenues from the companies does pay for "most" of the company's needs. So, if it's only paying for most of the company's needs but not all of the company's needs, the company obviously isn't profitable this year.
If you read the sticky up top from Roxanna to Sonny, just reading the last sentence it's pretty clear that the company is not going to be profitable this year. So while they made a little bit of profit this year, now they must be underwater this year.
EMAX must be losing money this year because, if you look at Sonny's sticky up above with the header "just need to ask the right questions", Roxanna in her last sentence states, "Also revenues from the companies does pay for most of the company's needs". The key word in this sentence is "most" of the company's needs. She didn't say all of the company's needs. If the revenues from the companies only pays for most of the company's needs, but not all, EMAX must be now pointing at a loss for the year.
A company can't provide financial results to some investors, and not to others. So, if I called the company, they couldn't provide me with information without providing the same information to everyone publicly. This is pretty basic understanding in regards to insider trading, and I'm surprised you are unaware of disclosure rules as it relates to company reporting and the timeliness of releasing financial results.
Well great. I'll believe it when I see it. Until then, perhaps they can release their financial statements for the last 2 years.
Oh hi there OSU. The biggest problems I have with companies like GMND is that they are very long on hype, but very short on results. GMND does not provide financial statements for shareholders.......none.....zippo......nada. If GMND is such a great investment why does management hide their results from shareholders? Show us the money. If financials results are kept hidden by management, it's impossible for anyone to determine a fair value, and without financial data point's it's impossible to measure performance. Now if management has a change of heart and provides a financial statement, then you can sit down and measure performance and start some base data points. If a company has plenty of time to PR about this deal and that deal, and this other deal, they've got time to show you the money. Because in the end, all that matters is the money. Is the company growing revenues and earnings, or are they not? It's that simple. Basic fundamental analysis 101, development company or not.
The biggest hole I see is a complete lack of any financial statement. It's a big giant black whole without one.
Red Hat....you think you know what your talking about but you don't. You're talking out of both sides of your mouth, acting like your some kind of insider. Your following 2 posts prove my point. Good grief.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66580102
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66579150
Blame the Transfer Agent. That's a good one. Who hired the Transfer Agent? The buck stops with who exactly at EMAX?
Sorry Ozzy.....the map is from 2011. You can also check Bing maps but those are from 2010. No different, this site was abandoned years ago by Travel Centers of America. It's in total disrepair and lacks even the most basic environmental safeguards.
Jerseyfish, what evidence do you have to your assertions that they are going ahead with a rehab project with Beach Haven? What evidence to you have that they even have the capital to do so? GMND hasn't filed a financial statement in years and years if ever. Now ask yourself, if GMND was a real player, with real revenues and real profits, why haven't they disclosed their financial results? If I was the CEO of a successful and profitable company, I would want the whole world to know. The fact that the company elects to hide it's finances should be a warning signal. Just go to otcmarkets.com to see for yourself. The stock exchange list's the company with a big red stop sign........the second worst tier rating a company can have. See link and read up.
http://www.otcmarkets.com/stock/GMND/quote
There is nothing to suggest GNMD is going to do anything in regards to Beach Haven. All they did was a business assessment......that's it. They don't own it. All they did was take a look at it. And I'm sure after looking at the property, they'll take a pass. It's in too poor of condition, it doesn't meet current environmental safeguards and the property is really small. To get this facility to be operational, it would require tens of millions of dollars.
What does the exchange say about MPIX? See link.
http://www.otcmarkets.com/stock/MPIX/quote
Maybe in the next PR Roxy can tell you why you haven't gotten your dividend? Maybe she can blame Slavo, or she can blame the TA. Now you know why they call her Foxy Roxy.....sly as a fox. I'm wondering, who will be the last to know they've been snookered? The playbooks is IMO, admit no wrongdoing, deny that the dividends arriving is EMAX's fault, make accusations that other parties are to blame. TIC TOC.
Beach Haven oil terminal is nothing but 5 old rusty storage tanks that are in terrible disrepair, and it's been abandoned for years. There are no modern environmental safeguards, such as impermeable barriers or berm systems to protect the river that is across the street. This explains why it hasn't been operational in years and years. If you think I'm just a basher, go onto Google maps and take a look. It sits on the corner of Route 11 and Cemetery Road in Berwick, PA. Find the location on Google maps and then go to Streetview and you can take a look at it. Travel Centers of America abandoned this facility about 10 years ago FYI. This facility is in terrible disrepair and closed.
Yes......I wouldn't do anything until if and when this company is off the Caveat Emptor list. Without any financial disclosure there is no visibility.....NONE.....ZERO. That's not to say it can't go up but it's a total crap shoot with zero disclosure. I just couldn't recommend a stock when all financials are absent.
BIDU keeps chugging along and chugging along. Just buy shares, ignore the daily noise and put the shares away. We're at a good entry point if you're not in yet.