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It was all just a misunderstanding of his words.He wasn't talking about shareholders.I still say the only way they every had a shot of raising capital for future funding was to reduce the massive number of issued outstanding shares.Hey you were not the only one that lost in this dilution.Everyone except a few lost big time.Anyone that made money on this won the lottery because out of billions of tickets sold only a few won and the prize wasn't much.You have to look at it as the past is the past and its time to look at the future what ever that maybe.I'm betting the future will be beter then the past.It surely seems they have made some kind of deal rasing capital by selling common shares,placement of preferred shares and seris B shares in some serious investors hands.I would think thats what the shake up in management is all about.There is no quick fix here.I still say the company needs to advertise correctly,add more inventory mostly games and lower expences alot.Now thats the hard thing to do.I will say whoever started the rumor that the current subscriber base has went down fromm 19,000 to 1,700 is a complete liar and is not even in the ball park.They want to be at the game but they haven't even left home yet.Business is doing good even if shareholders are being drilled.Maybe this was just another way the big boys could make alot more money.I still say when they lowered the authorized from 25 B to 5 B makes a statement.Most likely whoever pumped capital into the company wanted to protect their investment.Just my opinion so do not trade on what I say because I already lost like most.
Its a lie that the subscriber base went from 19,000 to 1700.Just a bunch of lies trying to get holders to dump shares so some can gain from many shareholders losses.I say the base has increased not decreased.At worst its about the same.I was told business is good.Someone could be putting blinders on my eyes and plugs in my ears.I think its true from what I was told.I have no comments on who it was but she should know since she works for the company.Now some employees do no know anything about the business at hand with upper management but even the little people can figure out if business is bad or good.Its like going to a parking lot at a super store.If they are empty at everyone you go to then business is really bad.If you can not get a parking spot at any most likely they are doing great.I really feel this one is way oversold,undervalued by a mile and then some.That is just my opinion.I was looking at it hard when it hit .03 cents after the R/S and now I'm in shock.That is the only word that comes to mind.
Another down day.It appears no one wants to trade this one anymore.The company needs to issue some kind of pr but it appears they don't have anything to say.You bet your ass they know shareholders are pissed off big time.Someone told me JF was fixing his house and appears to be going to London with his girl friend.It might be bad but it might be good.It could all be a lie but I feel something is going on inside the company.Still feel this company should have a much higher market cap then it has.The R/S,dilution should have increased the cap not lowered it.Dam I wonder what the hell they were thinking when they come up with this new plan.I still think it was the only way they could put a deal togather for future capital even though all holders got the bad end of the stick including me.
The company has a option to pay cash to GGI for debt when the share price hits .0015.Other words not allowing them do dilute below this price.Now why did the company authorize 5,110,000,000.Its my option the 5 billion covers the 10 million perferred and the 100,000,000 series B shares.The 110,000,000 million shares appear to be the allotment of shares for float on the market.Bottom line its like this is a new company starting completely from scratch.It going to be like every shareholder is a new one due to the R/S and the dilution after the R/S.I don't expect anyone to agree with me but these are the facts.
Like I said lets put the past behind us.Everyone that owned before the R/S lost 999% of there investment.Anyone that bought after the R/S lost as much as 99%.I bet the tax year has closed or you might as well say the books are near closed for 2007 only a few days left.Now the questions now are how many outstanding shares are issued.How much does the company owe GGI.Has the company placed shares to private investors.If so how many shares what type shares common,preferred or class B and for how much.My take is GGI or the company sold around 100 million since the R/S.Now lets say none occured which is false due to the share count going from 7 million to the last SEC filing around 34 million.We all feel its higher and I agree.If you want to say the company is filing bankruptcy I would say this is false.After doing some serious research and talking with some other people I feel strongly the company has made a deal.I would not be suprised that any outstanding debt owed to GGI is being converted to preferred shares to protect any monies owed to them.When the company lowered the authorized common shares to 5 billion from 25 billion tells me one they owe GGI alot less or GGI agreed to one or both of the perferred or class B shares.I expect that the company has raised capital on many different fronts durning this shareholder wipe out.I think several people leaving like a director,CFO means this was the only way the company could raise cash needed.New private monies,GGI want to protect there investment by placing some of thier own people in key positions with the company.The CEO most likely will stay due to the fact he went along with this plan.It completely screwed old shareholders and it has 99% of all existing shareholders with huge losses but nothing close to the old holders before the R/S.I bet 99.9% old and current holders have already taken there tax losses for 2007.Now as anyone could say we all make mistakes and our opitions are worth about one share of this companies stock price.I'm betting we see a steady price swing to the upside.Most likely another way the company will raise additional funding.Now if the company has not raised funds it can go down another .002 and that is it.If you are a gambler and anyone that plays penny stocks are.I must admit this is about as good of bet as you can get with a penny stock.Now in my opinion I bet we see a pr soon regarding funding and then you will see green for a good while not red like its been forever.Merry Christmas and Happy New Year!
Wayne I sent you my email so lets talk.
If you are a gambler this is worth a shot.I'm not saying sell the house,wife.Its worth putting some money into this as a value play.I've lost thousands many times playing cards.I like the Green Valley Ranch.Man the ham breakfast is something to remember.This place to me is better then anything on the strip.Now back to making a bet with this piss poor oversold under valued company.As I stated many times the buck stops at the CEO door and boy did he do exactly what they stated when they announced the reverse split.He said they would dilute shares and boy did they.They got the proxy approval just as they figured and plained.Now one last thing to go is announce the private placement of shares to keep a hostile take over away.The script was written and announced.Every single word the CEO said has came true.I'm like many other shareholder mad as hell but only if I had understood the script.Now its crystal clear.PR will come out soon on the placement no doubt about it.Most likely that was the reason the CFO was forced out.Most large investors want to know what the hell is going on with there money.The best way for that is to put your hand picked CFO in play.The CEO is just a picture that speaks from time to time.You could say just a mouth piece.The CFO knows the dollars.How many come in and where and when they go out.Bottom line announcement of finance,cash whatever you want to call it is coming.
If it happens you will see a buyout.They will make it like this last one and start to drive it down and all will give it up and then boom way over the R/S price when they issue the pr release.I'm a gambler and I bet you will not see a R/S again.First of all the share count is to low and it would take a year or so even if they plan to issue all 5 billion shares.If you read between the lines the CEO has done exactly what he said.They were going to issue a 1000 to 1 reverse split.They would dilute shares to keep control.They would seek proxy to issue 10,000,000 preferred shares and 100,000,000 million series B shares and authorize 25 Billion common.They got approval and lowered the common to (5) billion shares.CEO stated the company would to place shares in private hands to keep control of the company.Bet your bottom dollar this is exactly what has been done.The script was hand written.It was filed with the SEC.Every statement above has been done except the annoucement of the shares being placed in private hands to raise capital and to keep total control of the company.That announcement will be soon.No doubt in my mind.
The company will be in operation next year without a doubt.Bet your ass the CFO was forced out.You can bet they have raised capital.One by private placement or another company buying preferred shares or the share dilution.I expect annoucement to come soon.It might not be in the next week but soon.Now what they do with the capital is the problem.If used correctly for advertising,adding inventory and general operating fuctions.Then this should be a great play for 2008.When everybody runs and they keep driving it down to suck all old shareholders and new ones out then they plan to take total control for near nothing.At this price its near nothing.All old shareholders before the R/S have lost 999% since Sept.07.All new shareholders have lost between 99% to 95% sine Sept.07.There maybe a few new shareholders with say 10% to 50% loss in the last few weeks but not that many.Like I said in my previous post as soon as they issue a pr regarding capital investment into the company it jumps.Other words before you are able to buy in it will be (3) times higher.I quess that is o.k. because then you get the all aboard and it continues for a while but then we will all be buying thier profits much higher.No other way to put it.The CEO new exactly what was going to happen.The R/S,dilution and capital investment.Its was the only way they could get any large capital investement into the company.No one in there right mind would put million of dollars into this company with about 7.5 BILLION issued and outstanding shares.Now with it between 100 to 200 million its a done deal.Hell for all we know the outstanding share count could be lower then 100 million.Its a gamble but if there is any stock oversold this one was months ago.I was suprised for it to break .02 cents.The company should be worth 200,000 dollars with its debt.
The company needs to issue a pr release regarding the placement of shares.Most likely perferred were issued to raise capital.No way they did the R/S, massive dilution of common shares without raising cash.They will announce something very soon!Hopefully they allowed private investors another Company to buy apart of the existing GMFX company.This would be the best way to increase shareholder value.Existing share count is nile at this point even if its between 100,200 million issued outstanding shares.Remember this company had over (7) billion issued and outstanding shares (3) months ago.As of Sept. 30,2007 it was 33,869,649.Now we all expect it has went up to a 100 plus million,however we don't know for certain what the true count is.This is where the company needs to set the record straight.I quess we will have to wait for the pr release.I'm a gambler and after much DD and talk with others I see a value play here right now!Lets hope senior management will start buying shares on the open market.I and just about everyone on this board has cursed the CEO long enough.Its time to look forward not backwards.Merry Christmas and Happy New Year to all!Even Fleming & family.
If you got your ears on this one is fixing to head straight up.Look at this way.At some point when you reach such a oversold stock price in most cases they bounce even without news.In my opinion this stock was oversold at .03 cents.The reason for the death sprial was to get any old and every new shareholder after the R/S to throw there hands up and say to hell with this.The company,GGI acheived this long ago.As a gambler I bet you this dog as I've called it will turn into a race horse.No doubt in my mine the company has raised cash for operation,adding inventory games and reduced debt to near nothing to GGI.This is the only expatiation for the past three months of this stock activity.The Dec.15 pr was making a statement about earning for the end of December.As a gambler I bet dollars grew an subscribers,sales increased for the current period.I still feel the buck stops at Flemings door but its way past time to forget him and look forward.I see no more management changes unless a buyout takes place.If that happens no one would care because most would sell into the spike.After talking with several people I'm a buyer as of today.I want say why I changed from a sell except what I posted here and the last post to wick!
Wick lets talk serious.I've been looking at this for a long time.Yes I started taking the bait from .03 and down to 004 and was caught,cleaned and fried.Sold all for the tax loss.I must admit if someone is looking for a value play this one is way over due.The only problem is the company has a ton of share and no one knows how many are issued now.It maybe 100 or even 200 million by now.It could be alot less and.I feel someone has been selling for months to drive it down hard.It could be the company but I'm betting its GGI.The company owed them million of dollars before the R/S and that didn't affect the shares owed to them after the R/S thats the way I understand it.Now there could be something great from this.If GGI was selling the day after the R/S and all the way down then the company should have reduced the monies owed to GGI almost to nothing by now.Most shareholders were not able to trade for days after the R/S the way I understand things because it took time to exchange the old share to the new reduced shares.I might be wrong on this all togather but it makes since as why the company done the R/S.It may be the company was selling all the way down from the first day after the R/S to raise cash to operate and pay down GGI loan amount.To dilute share at such a low price to repurchase them back for near nothing.This way they reduced outstanding issued by at least 5.8 billion to no more then 200 million or less.I really think one or both occured.Give me yoyr feedback.Lets get serious even if I've spoke out against Fleming so bad.I just feel the buck stops at the CEO door.
It sounds like he has a ton he would like to unload.I'm sorry wick for the negative post but with the way this CEO has done all shareholders and if you are one.I wish you really make a million dollars off your investment and due have a Merry Christmas and Happy New Year.This company really had a chance.The R/S had to be done.The share count was to the moon and they pulled it back to earth.The real screw up was when management decided to dilute it so much over such a long time.It would have been better to dump it over a week or two time frame and give investors that were screwed so bad a chance to build a base and try to build long term.I would have been one that would have bought monthly as long as I saw changes for the beter.I must state management steped on its dick.I bet management does realize the horrible mistake they have made by now.All the blame is on the CEO shoulders as it should be because he is in total control.Whatever changes that should have been made he was the one to take care of that for the company and most important for shareholders.You never lie to your investors unless you don't care.It is always better to be straight with them and they will give you alot more ground then if you completely lie to them.
That looks like JF and GGI.Sayiny Merry Christmas to each other and what a rear it was for them.
One mor reverse split abd they will never see anyone buy a single share.They already had several.One was a 1000 to 1 and then as they diluted it from .30 to .0014 was another.I say three strikes and you are out.Its just as simple as that.
Wick I cann't beleive you of all people would make this kind of post.Lets just say you are right and I'm wrong which I strongly feel I'm right and you are way off.All old shareholders have been screwed so bad and most sold long ago with huge losses.Would you agree with that? Now if they were able to sell this paper printing stock company what value would you put on it.At this point they have issued 150 to 200 million shares.They have a ton of debt with GGI which is being converted into shares.The R/S only effected the shares GGI had before the R/S date which most likely was none.All the money owed to GGI is either going to be paid in cash which the company doesn't have or GGI can convert and will convert shares to raise monies owed to them or they just take control of the companies assets.Now do you really think existing shareholders will come out with one red penny?The company has much more debt then assets and as of the last SEC filing they were negative -4400. in the bank.Now if you were a buyer why not wait until the company goes belly up and buy the assets from GGI for near nothing.Now on the other hand like I previous stated.The only game Fleming,GGI & crew know is selling billions of shares at any price to raise capital to keep there best interest a float.CEO,ect like the pay and free perks like millions of free shares.Does this really sound like a company that has a future plan of action or just the same old song and dance with the worst managemnt on the planet.Now if the CEO,management and members of the board started buying tens of millions of shares on the open market then investors just might believe.I must state if not for the gifted 12 millions share to management the proxy would have failed by a long way.This was done only for one reason and only one.The CEO,management & GGI wanted to keep the song and dance alive to keep making the dollars at all shareholders expense.For higher management to file with the SEC they were acting in the best interest of shareholders and issue a R/S and then to allow its company stock to dilute by thousands of times was a complete lie any way you sum it up.again I must state I'm suprised by your post.It reminds me of Cramer which I listen to from time to time.It sounds someone has alot of Gametrx and want to unload it higher or just to be able to get out before they suffer more pain (LOSS).All beware because this company has FIVE (5)BILLION shares it can and most likely will sell either through GGI or someone else into the market.The pain in my opinion has just begain.I would expect them to do another reverse split as soon as they hit the 5 Billion share count.Merry Christmas and Happy New Year to all except Fleming,GGI & buds!
The only buyout they could ever get is at .0001.That means it going down,down and down no doubt about it.Most important is Fleming does not want to sell it.He would lose control.It means he would lose money each year and all the perks.He wants to dilute with the 5 billion shares to raise cash for his scam to continue for him,GGI and buddies.Business is going down the toilet at Gametrix and as of the last filing they had a negative bank account balance.Asset will be wrote down alot more on DVD movies.Jerky cards will raise nile.It will be a write down on that because it was a complete waste of money and time.Management doesn't understand how to advertise the company nor does it have funds to do so since they wasted tens of millions from past shareholders investments.It once could have been a small growing company.Now its a tiny dying company still with the same worst management on the planet.Just watch and learn as it takes a death sprial!
Fleming is not going to get anyone to buy out this pig.All he might get is 5 Billion worthless shares issued so he can start a song and dance pr again to suck some new investors out of there money like all past investors.This will go down hard before Dec.31,2007.There will be plenty of shares sold for tax losses and plenty sold by the company through GGI.Look add the red higher volume going down everyday.Another 7 plus million on friday and another 52 week low.Now to all does this seem like a company that its share will reverse to the upside any time soon with all the red selling not buying.Ir may reverse again soon like another 1000 to 1 after they dump billions more.
Merry Christmas from Fleming & new 52 wk. low.Many more to come so have a Happy New Year! Fleming will tell all that the sun will shine in 2008 and everything is going to turn into roses after he is able to sell the (5) BILLION shares into the market.Now do not worrie this will not dilute shareholder value because there is no value.I just wonder what happen to Hoffa.
If I were that man I would be scared to go out in public.I would hide under a rock and never come out.I would stay away from Vegas because they have alot of hiding places out there between Nevada and Calf.He may turn out like Hoffa.I would like to shake the man hand for the biggest screwing I ever received.
Looking to be SCREWED! Invest into this scam.Its just that simple.Five (5) BILLION shares to sell to SUCKERS.Please somebody please buy this crap so Fleming and buds can make millions more on the same scam.Yes it was another 52 wk. low friday.Yes many more to come in 2007 and throughout 2008 if its still in operation then.CEO is going to the big house.I do not mean White house I would say Cell 13.Now that when things get good.Friends in low places always can take care of scum like this.I can see Fleming in a dress in cell block 13.He will have plenty of buddies in there even if he doesn't want them.Now everyone can take that to the bank.
Just in Fleming is going to the bank.He is using a dump truck to carry all the cash he stole from the shareholders of his so called pump & dump company.It should be named (If you want a screw sign up and invest into my scam company). P.S. from Fleming! Merry Christmas and Clappy New Year and thanks for all the money shareholders gave me.Now do not worrie because me and the Board is acting in the best interest of all.Even the children!Ho HO HO all the way to the bank!
News alert! Small children are concerned about the cookies they are leaving out for Santa on Christmas eve night.Fleming stole there milk money and now they are asking thier Dad's to stay up all night so he will not get Santa's cookies.Most children will be given drugs so they will not be afraid that if Fleming gets the cookies then old Sants want leave them anything for Christmas.Shame on you Fleming for screwing everybody and most of all for screwing up all them childern.
GGI Christmas list!To find enough suckers so we can dump the 5 Billion shares so we make our money back plus 20%.Not bad to be able to sell shares 20% higher then the conversation price.Yes we will hold enough to pump it & dump it all higher.Yes we get interest on top of interest for funds given to Gametrix.Sounds like a loan shark to me.Loan money with insurance you get all your money back plus 20% and interest on top of interest.Convert all interest into shares and sell them at 20% higher instantly.Yes and if they can not convert them all and if the company doesn't have the funds to repay the outstanding balance then the company belongs to GGI.All shareholders get is exactly what they have gotten since they open the business years ago,(SCREWED)again.To allow this current management to have (ANY)funds by buying this scam is completely crazzy.Nothing will change and they would waste the money all over again because they do not care.The CEO only wants to take and give it all to himself and buddies.They skim from the top and the waste is left.
Flemings Christmas list!The only thing I want is to be able to raise 5 million dollars on the 5 billion shares we are dumping.dilute does not matter because management is not going to buy a single share.We only gift share to ourselves.
Wick what a dreamer.I'm laughing so hard on this guys post I think I broke a rib.How many more hundred million do you think they dump before they let up a little? I say another 350 million at least.How knows with this bunch it matbe the hole 5 Billion shares.
Go to the hospital.You need some help with the drinking or drugs you are on or you are a dreamer.You will never see this at .50.You have lost nearly 25% and you will lose it all before its over.Its only a thousand bucks so you want get the screwing all and I do mean all past,present shareholders have received.I expect another 1000 to 1 reverse after they sell the 5 billion shares they have so you will end up with 5 shares and it will be worth nothing.Just keep buying all the way do and learn a the hard way like thousands of other investors have.I wish you the best and have a Merry Christmas and Happy New Year.P.S. one last thing.Flemins is a complete liar so do not every beleive a word he says.
I agree with you that the board is all in with the CEO but they must have one or the filing with the SEC was fraud.Yes we all know they acted in the best interest of all shareholders by doing the R/S and to dilute it from .30 to .0014 and that just the start of the selling.It looks like they are at 150 million issued shares plus by now and counting.At least another 350 million more to sell before they even let up a little.It would have been beter up front to say what they had in mind and just had a fire sale on shares for a few days and got it over with.Then they might have got buyers in to build from a base but I see no bottom for a very long time.I expect 10 more new lows at least to come.Dilute is thier game and selling shares is all they know.What a cluster pucking.Any other CEO would have been run off but when you fix the vote to keep control this is what you get.
Fleming show of power.Dec.18,2007.I screwed you already so don't stand up because I plan to give it to you again just the same way but even harder this time.Don't worrie the Board and I will take real good care of you.Ho Ho Ho.Is Sants Fleming.
Fleming,GGI are like sharks in the water.Any living thing that dips into the water will be eaten.I say we get the rope out and do a little house cleaning on our own.
Sorry CEO = No hope for any shareholders ever.Selling shares,screwing shareholders and telling lies is all he knows how to do or lets just say all he wants to do.One could state that going in to years end is tax selling but in this case its 5 BILLIONS shares issued and being dumped.I thank God I was not in this for years.To do the R/S and then send it from .30 to .0014 and falling is a PUCKING.Fleming was able to take care of management with the 12 million free shares to control the vote so they could issue all them preffered shares and class B shares.No one needs to worrie because the Board members and Fleming the the cat is doing everything in the best interest of shareholders.Now if you read this and think management has done the best thing then you must be a bud of his.
Fleming is having a Merry Christmas along with GGI after the screwing they dished out to all investors.I expect them to continue with a bang for a Happy New Year!Most likely going to BK after they screw everyone just a few more inches.Its like they have everyone bend over and are bring it hope.
Sounds like no money in the bank to pay him or he would have took it just like he has taken everybody else.He doesn't even deserve to be apart of the company after this past few months not to even bring up the past years.He sucked the life right out of everyone with his buddies like GGI.
John Fleming choke on a turkey bone durning Christmas dinner!All joking aside you sould have already resigned.Your presence is causing more harm to the shareholders that are left.Do the right thing announce you are stepping down!Allow shareholders that are left to have some chance of getting some of there money back.It appears your shareholders love you.Just read all the past few years messages on this board.Forget the calls,emails ect. you have received.Yes I know for a fact you received many.Go Ho HO HO fat man.
How is buying this crap.I do not care what price.They will issue at least 500 million to 5 billion paper shares.Merry Christmas and Happy New Y, WAR to all shareholders,bagholders and suckers like me.Look at it this way.If you are going to get screwed it might as well be good!This one was a good one.
Its been a long time since I laid eyes on a chart like the one above.I never though they would dilute it this much after the R/S.It seems like it would of held around a nickle but that was a long time ago.Just like jerky & game cards.All trash goes into the can at my house.What a bunch of worthless so called business men,woman running this co.I really like how they fixed the vote by giving themselves about 12 million shares and on top of that they got to set the dates.Talking about taking care of shareholders.
Wick how does it feel to be the moderator.Do you know any other board that has so much negative feedback about its company and CEO.How much longer do you expect holders to be screwed? Just take a quess.I figured they would have dumped all the shares they planed to by now but it doesn't look like they even started yet.
I think the credit card people that pay just a little each month are better off.You are right it looks like they will never pay off the bill but one day they can.This dilution will never stop and if they were to raise a few million in cash through dilution they do not know how to manage so its all going to be a waste.For the CEO,Board to file with the SEC it was for the shareholders best interest to R/S and dilute is a complete scam.Its the only word I know to describe it.To R/S was a must but to dilute shares like this is a triple screwing.I really see no hope of this going up for a long time if ever.Need a complete change in managemnet ASAP if not BK is coming.Call this past few weeks tax selling.Call next week tax selling.Call next year selling another screwing to holders.
Merry Christmas & a new 52 wk. low again.Soon BK.After GGI finish the dump.
When are they going to dump the other 500 million to a billion shares.Its appears GGI got a ton of owed shares after the RS and has dumped everyday since.