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sounds like a plan sub..
really wish the best for everyone trading PTEL and other stocks..
i appreciate your viewpoint on that dg... entirely.
new/next phases are somewhat, "boiled down", tempered matters..
folks know a ton, good and bad, and next steps and phases come with that experience and knowledge...
some remain to exit when the can (divi delivery and then sell)...
some remain to play and/or trade ptel short and long term once divi delivered...
others are in by owning PTEL shares, bought at 1's or elsewhere..and looking to profit in short and long term....
many, many folks are just looking for a positive trend in company actions and pps of course... that's where most agree we want to go.
take care,
sounds good... hoping the same as you kid, just allowing, for everything, is a lesson i learned before started trading, and IMO advisable when dealing with this or any stock/endeavor...that's all.
if not allowing, then exiting makes sense... IMO.
see that? i'm not saying buy, i'm not saying stay, i'm saying how i handle things, that's all.. certainly not taking a corporate sell-point stand here either by saying what i'm saying...
i support, or i exit. i support the effort, and will do so... it makes sense to me.. i question, i challenge quite often... then i decide...and support my decision.
i'm not a huge fan of sprinting from one end of the emotional spectrum to another as often happens in the marketplace with penny traders... doesn't work for me, and i'm not saying that's you either at all.
Quite simply, dg, i'm pointing out that as of now...
November is still the month i expect relaunch, but am merely saying that i'm more focused on a good product/relaunch, than the date...
having a balanced mindset allows for a wide spectrum of expectations.... and avoids unnecessary and ill advised annoyance... (emotional trading)
last year, circumstances not under mgmt control, controlled that launch, and all the talk about "another delay" "why the hell delay, they should launch cuz they said they would?" and talk of incompetence were shown erroneous...
folks who own PTEL can exit....there's a bid.
folks who are gauging the entirely of their support on November launch... are IMO, should it not, going to cry fowl, again, and will still not exit, will still own PTEL if they bought any..
and if not, and they don't have their divi shares yet, tradable, they'll be crying about what, exactly? disappointment that November wasn't the relaunch? oh, okay then.
{EDIT] what exactly did he say about November?
i'm just saying, you're saying "his word"...what were his words?
i've noted that you've sort of set "this" november relaunch as "the thing" on which support from you would be gauged...
If this helps, i've got no say anyway into what people do or think...but just thinking about it... my reading of what CEO said was that November is the month planning on relaunching... no specific date, but November mentioned. I'm fine if not, that's all...
i'd rather gauge my support on success, eventual long term, or short term, of the relaunch.. not when it happens.
Few things:
You should email and leave your number for the CEO. Maybe he will talk to u like he did others to answer questions.
As for being positive minded, it's my choice. All of this always has and regardless of what folks say, ultimately, everything is our choice when stepping into trading. More experienced folks generally will understand what I'm saying about choices in trading, especially pinks. Make your play or investment then support it or exit and wasting my time cutting off an already risky (new or building company) branch is rarely helpful. Maybe psychologically in short term but integrated thinking and calm helps me manage life and business more effectively by being positive when I'm the one who jumped in. I take responsibility for my situations and moods. Nobody else
Expect prizes after relaunch and divi completion. IMO.
Looking forward to the MMX relaunch...
..November 2011 was indicated as the desired relaunch for MMX by CEO...
multiple indications that didn't want to give exact dates, but that November was the aim...
November or after, i'm more focused on the relaunch, when it happens, to bring a new phase in the life of the product..
Ads, free memberships, new contests, streaming content, etc...
those things, with memberships and attention, are more important to me than the actual date...
remember, last year, the launch was tied to events outside mgmt's control (album/video release for an artist)... we'll see how things roll out here... comfy watching and waiting.
peace kid, hope all is well with you!
d
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risi: discussion wasn't limited to pinks... wasn't what we were speaking about....LA was speaking quite broadly...and i addressed it.. Not sure if you're qualifying the other's remarks...I just pointed out that LA's premise was completely false..as it was..
no problems, just that you're having a different conversation than LA was having...
hi naomiabr... i don't know what if anything is happening Monday...
just general warm wishes for everyone trading come Monday...
(although i am still anticipating MMX relaunch in November, as per mgmt... but am patient if not .. no biggie for me).
take care,
okay,,,, sounds good...
have a great weekend, best luck to you and everyone on open Monday!
not necessary...the point was made, supported....by you and others...
it's just not wise, or solid a starting point to state "Y never does Z"... when it's just plain wrong..
you and i agree that LA was / is wrong about this...and you've tried to help adjust his position / addressing his error...
i don't expect, any RS or buyback... that's not the point... simple enough, but apparently, necessitates clarification once again.
why would absolute statements, containing every stock, every company, every circumstance be accepted as the foundation point upon which to further build?
tavy, you've entered a discussion way late, and misinformed about the content / intent..
like arguing about a math problem, where the number after the "equals" sign is wrong...
and saying that math doesn't matter...
sure it does... more solid foundation points about stocks/companies, PTEL/ENTI, others, helps discussions along...
hope you're understanding the point...i don't think it's that unclear to cause so much confusion
sorry...not quite...didn't agree with "absolutes", at all...
the examples i showed were directly contrary to your points...
sometimes its about individual company's characteristics...sure..whether something will help or hinder..but i showed your statement-as-fact about things never happening to be wrong, and you statement-as fact about particular corporate actions never helping, to be wrong... again.
sure, sometimes corporate actions help, sometimes hurt...
that was the premise i introduced and thought made abundantly clear..
hope this clears up the confusion again.
take care, enjoy the weekend!
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tavy, you're making my point..thanks..
there are companies that do particular actions, and results are directly contrary with what LA4321 indicated would happen, every time, all the time...
thanks again..
i don't believe there's any reason to think a rs or buyback will happen... this is a discussion about things that do and don't happen...
again, though, thanks for clearing up the confusion on that end.
as Tavy indicated...
it's often all about a company's cash holdings, revenue..etc which effect whether or not a corporate move will have a positive impact on share price...
tavy has seemed to agree your premise is wrong..i'm sorry...it just is...
you've repeated an utterly (based on avail data, i've posted..but if not avail currently, try googling pink, rs, share price, 1000%...etc, and also about buybacks, ez stuff there) false statement... it's just not the way things are... but of course, i'm not trying to convince anyone...just shedding some light on a clearly mistaken premise... sorry, just wrong.... not a biggie, happens, but the data is clearly not in your favor.
tavy...here, ....i'll summarize the points in the discussion...
i was having with LA4321.
you see, he said it's universally accepted that a free-fall follows RS every time...
you agree, that LA4321's statement as fact...is in fact, not true.
please, try to separate the concepts i've outlined above from the parallel discussion you're trying to have.
you agree with me, that LA4321 was simply wrong on his premise... and provide some further foundation by saying it's about a particular company's position, income, cash...whatever. ....fine.... no problem.
glad we agree.... things can happen in different ways than the "universally accepted" way LA4321 mistakenly thought they do..
i don't think it's happening, and i'm not saying it'll help shareholders in long run...
please catch up on the discussion...you'll see what it's about...
thanks, and have a great weekend.
you've joined a bit late and with half the information in mind....
this was a premise discussion, on whether an absolute statement that if X happens, Y will happen, Y being always bad...
you certainly don't agree with the premise, based on publicly available info, do you? link was provided...
just discussing how "never" and "always" and "universally accepted" type terms, are quite often (and actually in present circumstance) wrong....and thus aren't great starting points for discussing PTEL/ENTI's next phases.
i don't feel a RS or buyback are in plans, myself... just having a discussion re: premises...
yes, agreed.... except for when something happens, it never happens...
lol. perfectly articulated, demonstrated by data provided...
if you're moving to the likelihood of it happening with ptel/enti, that's another discussion..but difficult to move off the somewhat conflicted "it never happens, except those times i acknowledge it happens"...
sorry, have to clear up this misunderstood concept again,
"universally accepted post rs free-fall" (LA4321)...
you mean, except for the ones that did's result in negative impact, weren't "universally accepted"? lol.. you mean it's universally accepted free-fall, except for where it led to thousands of percent increase post? that's not quite universally negative..is it?... goodness...
again, not saying in plans for enti/ptel, in fact, mgmt says "no", but seriously, if discussing PTEL/ENTI and using "statements as fact", it's good to have correct statements...
... wwww.google.com... then input search terms... like the ones in your post that i used... results:
http://www.forbes.com/sites/heatherstruck/2011/03/21/citis-reverse-split-will-it-help-the-stock/
.............. today its stock has returned 14% since it reverse split in 2006.
Looking at the companies that initiated reverse stock splits back to 1989 shows some instances of big returns.............. and the company has increase its returns by more than 7,000% in that time, trading now at $758.40.
................. reverse split, and has returned 1,700% since then. Forbes‘ statistics department shows that the reverse split can be handy in times of need:
Stock Return Year of Reverse Split
------. 7,255% 1993
------ 4,651% 2002
------ 4,264% 2002
-------2,803% 1987
------- 2,686% 1993
Wasn't foundation discussion. But...
now that you've gone from something "never" happening, no matter how much it was spoken of, to flipping around and agreeing it happens...(my five second google search confirmed the inaccuracy of your premise, stated as fact, wronglly)...
...from one premise (X (buybacks) never happens, ever!) to another ("well, X does happen, i guess, but Y isn't....")....
personally, i don't see any indication that buybacks or anything like that is planned or in the works...
just glad we're in agreement, now that i took five seconds on google, that your premise about buybacks, never happening, was not...quite...true/right/accurate..
important to build off of solid foundation.... when it's gone, follow up points don't carry the weight, imo.
here...i'll be helpful...
www.musicmatrix.com.
allow me to help clear the inevitable chatter surrounding this line...
see...most folks know the site's down, has been down for a while.... been a ton of talk here.
currently, there's the site www.musicmatrix.com, which shows that it's coming back..or indicates so.
combine this with mgmt's indication it's coming back, told to us regularly since first going offline...
some will appreciate and understand that the site's not "up" in traditional sense, but is "up" in some respects, and is expected to be "relaunched" and live soon.
hope this fills some of your gaps in information, based on what you asked.
MusicMatrixCeo MusicMatrix.Com
Happy Thanksgiving everyone. I hope you enjoy the time with family and friends.
6 hours ago
MusicMatrixCeo MusicMatrix.Com
Pegasus Tel Investor Update: New CEO Podcast now available at ptelcorp.com
3 hours ago Favorite Retweet Reply
take care everyone, have a great holiday!
peace
anyone can sell at 1... it's a choice tavycal..geez.
does one want to take a loss if bought above 1's? personal choice.
those who bought 1's, can/will double their money with any ticks above 2 on ask....
anyone buying ptel, chose to... simple, really.
we're not talking about the divis here tavy, we're talking about folks who knew or should have known EVERYTHING there was/is to know about PTEL/ENTI/CEO/MMX, and bought in..
choices... i'm not against folks taking chances at doubling their money or more... but that's me, i'm not telling anyone to do anything...
not advisable.
so, now onto a new point i see...
back to basics:
ptel shares bought for 1's, can be sold...nobody stuck who bought ptel shares... it's about choice.
ptel shares bought for 1's, or even higher, may be sold for more SHOULD pps ever increase beyond 2's..etc.
keeping it simple will help avoid confusion.
ptel shares bought for say... 1... could sell...right now.
ptel shares bought for say....1.... could sell for more should pps increase..
that's how market works..
we'll see how things go.... trading basics 101.
i can sell.(as a PTEL shareholder)...anyone can sell who owns PTEL..can sell PTEL...
if one chooses not to purchase unrestricted, currently available PTEL shares, one can't reasonably, IMO, complain about not being able to sell PTEL should pps increase..
taking responsibility for one's environment, even if corporate actions impact it (divis not delivered or avail for trading yet), is paramount, IMO.
want to be able to trade PTEL? own PTEL.
LISTEN TO PODCAST...OR SEE SUMMARY.
now, you've asked a question, and source for answer is given..
you of course can hear the answer given, and choice after that is each own's, but an answer is given.
take care aka, happy thanksgiving!
peace,
[UPDATED WITH SUMMARY] NEW PTEL PODCAST...11.23.2011 >>>
http://ptelcorp.com/
explains the shares to CEO...(controlling interest, 51%)...LEARN ABOUT RESTRICTIONS..CEO HAS NOT SOLD SINGLE SHARE OWNED.
CEO ALSO HASN'T TAKEN A DIME FROM PTEL YET...ACTUALLY LOANED MONEY TO PTEL.
Share Structure:
3,210,496,677
within the above, CEO holds:
2,448,000,000
add to that number, restricted shares to be issued to Belmont Partners for consulting services:
131,281,541
131,281,541 + 2,448,000,000 SUBTRACTED FROM 3.2 BILLION=
631,215,136 (FLOAT)
DEVG NOTE: FORGIVE MY MATH, NOT CHECKING...JUST TYPING QUICKLY AS I LISTEN.
My take is what i generally expressed yesterday...
folks will "translate" the filing (and particular provisions within it) in a multitude of ways..
most of which, IMO, will be simplistic and faulty...
same thing happened with prior filings...
keep this in mind: misunderstood and falsely established premises (like, IMO, "CEO took millions $") are rarely solid launching points for building further discussion upon..
to expand further, i don't think PTEL CEO has millions in cash on hand, didn't take shares/cash in massive amounts as speculated, and that business building is what is going on...
translation of financials and filings is always done quite poorly in stock chat room such as this PTEL chat room...even by experienced traders who aren't quite familiar with the terminology nor the meaning of particular entries.
quick version: i don't agree with simple characterization that CEO has taken millions in cash/stock for buying homes and cars.
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thanks as always for insights cj...enjoy your day..
Hi steely...
in prior/latest podcast, PTEL CEO indicated November 2011 is expected relaunch..
thanks for clarification...
I think it makes good sense to ask about those exact items via email or phone call to CEO..
if they're not covered in a podcast or other communication soon...
there's going to be tons of talk about "cash" in CEO hand, etc... i'd prefer to let more knowledgeable folks define what each of those items mean, including mgmt themselves and others who can "translate" objectively..
betting we'll hear about ceo having millions of "investors hard earned cash"... which IMO won't be an accurate portrayal, whatsoever.
thanks RL.
I'm not sure you're asking a question with a specific answer...?
accuracy of the numbers? nature of shares?
there are others that read these things much quicker and better than i do..and i imagine if you asked a specific question about any particular item some folks would help out...
sorry i'm not much help thus far on your question...
read the link (second one) provided from cjtrader...
just trying to keep things clear, that's all... IMO you didn't read the statement enough to make claims you're making...
but yet, it would be good to have breakdown of actual expenditures since the move of MMX to PTEL... (or starting about the time of PTEL acquisition).
take care aka, have a good thanksgiving everyone.
from filing:
"The Company has incurred net losses of approximately $(19,364,488) for the period from February 19, 2002 (inception) to September 30, 2011"
what was the timeline of that expenditure?
it wasn't since MMX/ENTI got involved with PTEL..it's over long time before that...
just trying to help clarify... of course, maybe i read it wrong also.
no....clarification...i meant up and running...
streaming concerts, etc... i imagine that's still in the works...
but i'd certainly love getting surprised by some immediate content, contests, concerts...
i'll enjoy the site being up again for sure though...
for me, a test of a product is how much i really care or miss it when not available..
i've wanted mmx back to keep playing with the editor and publishing the videos... and interacting with howie's fans too..