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Sorry, did you say you wanted just the facts?
"Our consolidated financial statements report a net loss of $2,214,690 for the three month period ended October 31, 2010 compared to a net loss of $75,744 for the three month period ended October 31, 2009. Our losses have increased primarily as a result of consulting and general and administrative fees".
As this knowledge spreads, the stock price will surely suffer. I have more if you would like?
There is a lot more very bad info in that 10Q, if you would like, I will post a few more excerpts?
This statement is enough to keep me out of this stock, it's from the current 10Q:
"We have not yet achieved profitable operations and are dependent on our ability to raise capital from stockholders or other sources to meet our obligations and repay our liabilities arising from normal business operations when they become due, in their report on our audited financial statements for the year ended January 31, 2010, our independent auditors included an explanatory paragraph regarding concerns about our ability to continue as a going concern. Our financial statements contain additional note disclosure describing the circumstances that lead to this disclosure by our independent auditors".
did you read the 10Q? It's about as bad as it can get. Im surprises that the stock hasn't completely tanked.
Thanks oba, you're always good for a laugh to start the day.
I discussed this issue with my son who is a key grip, he said in the situationa as is, with snipes gone for 3 years, they may have to recast the whole thing. Could this be why the silence and no word about anything at all?
shmoopster, opinions are one thing, a personal attack is quite another. That does violate the tos.
Question for the moderator, How long are you going to let certain posters get away with repeatedly accusing other posters of bashing in order to gain better stock entry points? Is that not a personal attack?
Hopefully, if you keep accumumlating at these levels, that will change.
You must be that "big money" I've been hearing about here.
Will it hit my predicted .02 to .03 range this week?
LOOKS LIKE IT!! LMFAO
How many shares have you accumulated so far dee?
any word on the blonde and blonder 2?
buyer? you think it was a single buyer? could it have been lots of small buyers with same bids that got lumped together?
I did my part today.
cheers.
I understand your point of view. However, you are mistaken on several points. First of all, I had nothing to do with the pps drop. secondly, I do not wish for the pps to drop. But my expressing dissatisfaction with management is something I felt warranted. You can hold or sell, just like I can. You see it one way, I see it another way. If the pps does go to the .02 area, I may still not want back in, the truth is the silence from empire has made me re-think my position here. I may hold the remainder of my shares or I may completely sell out, I will wait just a while longer. But bashing me personnally is out of line.
You argue like a six year old. Try responding to material facts for a meaningful discussion, or else just don't respond. THANKS IN ADVANCE.
Yes, I did sell most of my position. But to say that I want back in cheaper is not exactly accurate. It's more like IF I want back in. And if I decide to get back in, it depends more on what the management has to say when they finally do address this issue. You may not see it as serious, but I do, and I buy shares with my money, so what I think counts more than what you think.
Gees man, do you really need an explanation?
Fact no. 1. snipes was supposed to be the big name actor in this movie.
Fact no. 2 he is now in prison, and most likely will be for the next 3 years.
Fact no. 3 And this fact is probably the biggest, the management has been totally silent as far as realeasing any PR about who will replace snipes.
Fact no. 4 you guys do not know anything to actually refute the above facts.
Facts nos. 1-3 are tanking the stock price, call that the bottom line.
cheers,
Zeus
He can't, because it ainnn't so!!!!!!
Think of it this way, what respected actor wants to be the emergency back up for a convicted tax evader????
You know that the longer it goes without a PR from empire addressing the snipes issue, the lower it WILL go. Those of you who have faith in dean, go ahead and hold. I sold all but a small position when it became apparent that empire management didn't have a back up plan. So now I will wait for the inevitable crash when they finally do put out a PR stating something that may not be what stockholders want to hear. This is just my opinion, thrash it if you want, but I make my own decisions, and they aren't influenced by anyone on this board.
Dear investingstock,
Would you like to re-post my old message where I called for a drop to the .02 - .03 area, or should I just re-post it myself?
Cheers,
Zeus
Well, almost at the 2 million share mark. As of now I think I will just put this on the "hibernate" mode for the winter and come see where it is come springtime. Good luck to you traders. Longs shouldn't need luck, just some time.
Having close connections to key grips in the movie industry, what you described does NOT sound to me like things are going well for a movie that is SUPPOSED to begin filming on Jan. 10 2011.
OH, and for those of you, (you know who you are), who can't figure it out; that 2010 date that was copied and pasted, of course should have been 2011. IMO, the error was that of an incorrect submission by empire management.
Does it really?
"The film begins shooting January 10, 2010 in Cartagena, Colombia and is produced by Tayrona Entertainment Group, Radar Pictures and Empire Film Group with Wesley Snipes' Maandi Media Entertainment."
Will it begin without the leading man? Some clarity is warranted by empire management IMO
Again, does it really?
Yes, it is, but what about Jan. 10, 2011?????????????
I just realized, I own around 3% of the float. I think if it drops back to the lows, I will go for 10%.
Jan. 10 2011, ??????
let me be first this year to say, load up now, going to be great.
When you guys wise up and get out, I'll buy back in at the .02 to .03 cent range. It WILL get there you know.
Well I am most likely going to get a few more shares toward my next 2 million. I don't blame those of you who are trading and taking your profits, but as good as that may be, this is one stock to really build as large a position as possible and hold it for this comming year. If you're trading, good luck, if you're long, you don't need luck, you are smart.
Just an obsevation here. I can tell that many of you are trading this stock. I have also traded to a certain degree. But what I am doing is building a big core position that I will maintain without trading. The reason is simply this. I fully believe that this is one stock that will soon have a product that will be a huge success and this company will have more orders than it can fill. It will grow very rapidly, and the stock price will soon follow. I don't want to be caught chasing this as it will see fast gains early on. I wasn't kidding when I said in an earlier post that this is one stock that can make you a millionaire. I am on my way to collecting my second million shares. If I can free up money elsewhere, it's comming here.
this really can go to the dollar range. It will catch on big time if I am understanding correctly what my AC man is saying. Look, there are credits for installing energy efficient systems, and the market is ripe for energy efficiency. Soon the cost of electricity will skyrocket, and areas like the south will be hardest hit. Long story short, this is better than gold at the moment.
I know a local area AC company owner (Atlanta metro area), who is very interested in aquastar and wants to install as many units as they can produce. I hope he can get his wish. And you know, it gets warm in Atlanta fast and stays hot well into Oct.
From the chatter on this board, I see good things comming our way. I am working on 2 million shares, will not sell even one share under .025. As the pps reaches that point, I may sell a little on the way up, but will retain that 1 million for the day when, not if but when, this climbs into the dollar range. I hope that day will come in 2011, but if not I will wait. Shouldn't take beyond 2012. It's not often that one stock holding can make you a millionaire that fast, but I think that this one fits that description.
does anyone else here hold over 1 million shares. hoping for another run soon.
Well I am working on it, but surely you wouldn't want me to tank this stock with a massive sell at below the current bid. That is what it would take to get out fast. How bout you follow your own advice and be patient.
Tell YOU what, just to prove that they are mine, how bout I just drop them to .0589?
Well, if you knock off those .058s, then you can go get my 50K at just a tenth of a penny more. LOL.