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There were two posts yesterday. Glad I got out before it was posted.
Also, I never asked you to prove your conversation with Bishop. It is a total non-event. Bishop is a good talker. He has a way of getting ppl enthused about things at the time but the feeling quickly evaporates when reality sets in.
The first post said that the person contacted "them" and that GGMedia had cancelled.
A later post said that GGMedia cancelled because they did not have the computers needed for the event.
That is a pretty obscure thing to make up IMO. Anyone can contact GGMedia and ask them if they are still involved. My guess is they are not and that is why we never received a PR about it.
Surprised there is still no revenue here. Haven't been here in a while so just cking in. Took a look at the June Financials and while there is cash there is no revenue.
Someone posted on Twitter that the GGMedia cancelled their participation in the event this Saturday because they could not provide the computers needed.
LOL...make sure he updates that IR contact. Lets see...no CFO...no IR contact.
Not good! Don't expect news here until next summer. Also, it appears the prior management is holding the AMLH Fins hostage so don't expect those either.
Can you ask Bishop why he deleted all of the videos? They are ALL gone.
This was his last email to me. Appears he was not happy. IMO he quit this company because he was getting tired of having to keep lying to investors.
Yeah, here is that link. Video is gone now. Someone posted on Twitter that GGMedia backed out of the event this weekend.
https://m.facebook.com/story.php?story_fbid=183515365526620&id=104911756720315&_rdr
As soon as I saw the filing about selling all Metro locations I knew this was going no where good.
Lets hope someone tries to buy the TALK shell so those wanting to get out can recover some money.
Damn shame here. Levy is a POS. Said it before and will say it again.
Yep...bought at 39 and it fell to 32 immediately. I bought because someone posted an IR email saying fins would be out on time. Then they weren't. That was back in May.
I recently bought at 8 to absorb some of my 85% loss and ended up selling for a loss of about 62%.
I only wanted a quick flip here and became a stuckholder. Not good on a company wrestling with debt holders and breaking promises to shareholders about updates coming that never show up.
I criticized Bishop for posting fake pumps on Twitter like responding to Twitch as if they are involved with him. He blocked me back then.
The enthusiasm surrounding this stock is gone. Bishop is responsible 100% for causing that. Regardless of whether he follows through with meeting anyone it will be a non event...like the company's operations.
Attempts to keep things positive are failing because the negative comments are true and it was just too hard to keep shoveling this POS.
Are you selling at 1 or buying? Just wondering if anyone has tried to execute anything here.
I'm out!!! Took a 65% loss here. What a mistake investing in this company again. You think I would have learned the last two times.
As much as I hate to see someone say its going to be months for this to work out it is true. Don't expect to see the fins any time soon.
November will be another disappointment with no update.
I'll jump back in when this hits no bid. That's exactly where its heading.
Would not be surprised to see a PR about the event this week Saturday where GGMedia is involved. PPS could double from current levels. Whatever your strategy its good for a pop in pps.
A 100% loss is a complete loss. You cannot lose 100s and 100s and 100s of percents. lol
Oy! OY!!!!!!
There are NO LAWSUITS HERE!! Nice that information regarding lawsuits can be pulled up on pacermonitor to discredit that nonsense. We've already discussed this one and proved it wrong already.
DO YOUR DD BEFORE BELIEVING LIES ON A MB...
https://www.pacermonitor.com/search
Its actually not in the Greys at all.
If/When you do get a chance to talk to him see if you can find out who some of the investors are that are backing this company. Has to be someone with money.
Expect news on debt settlement soon. Current investors want this sorted out and new investors are waiting until that's done. Once this drops we could see a quick double from here.
If it was put out there by Bishop he should honor it. I can't see why he would do that otherwise.
Where did you hear about that contest to meet Bishop?
Appears to be so. Just have to wait this one out I guess. When supporters become the voice of negativity not much you can do.
Its an opinion like everyone has. No one that is not on the inside knows for sure what is going on here. Take comparative stock N#TT which is and was garbage. Yet the prognosis back at the end of July is that it would fly. Yet it sits at no bid.
Can't be right all the time. ;)
I'm sure Bishop feels the pressure not only from sh like us but the ones he mentioned in his video that have invested in this and have his ear and also those who want to invest here.
I have no doubt this stock is going places.
News gonna blow this stock up! Can't wait!
Sellin' @ 6...immediately rebounding to 7..8. OUCH!!!
You make me laugh....lol
Good things coming. Those holding know that this is due for a big bounce once news is released regarding debt settlement and new equity investors.
Going to be epic!!!
Actually... I wouldn't fall for that one. Looks like a dump of a few little shares to make it look like it's going to fall further. LOL makes me laugh!
Company missing Annual 10k, Q1, and now Q2 is coming due. As of their last filing they have no cash or operations to speak of. No news at all since Jan 2017.
Financials show a few assets and over 10 million in accumulated losses.
Who in their right mind would merge with this company?
ICYMI...Video transcribed...
Hey guys…Christian Bishop CEO of GG Media Network checking in with you guys. I’ve heard you all loud and clear. You guys want to hear from us…and I get it. I really really do um…I’m here at the studio in Torrance working out of here on a regular basis now. Blizzard moved out as the primary tenant so this huge space is available. We’re making plans. We’re talking about how do we utilize this space you know…maximize things for the esports community and build a greater experience for the amateur gamer and that’s what we actively do…on a regular basis…we’re creating content…we’re doing it for brands and game companies that are out now…uh…we’re actively doing that…so we’re creating white label branded content for them...working heavily on the production services space supporting agencies and we’re doing this…um…as a business.
I’m careful what I share and what I say out there publicly just because of the challenges we have with AMLH and this vehicle and this asset in which we were brought into um…with our team and prior management and the people we leaned on…and that responsibility is very delicate to manage and its something that a lot of people that brought on board and invested in…you know…they are kind of dependent and looking for answers for AMLH while I’m working through it with lawyers and negotiating with debt holders and finding out the proper way to do it.
How do you bring in investment…you know…third party investment to come into AMLH…what’s the cap structure…how do you work it out…how is the deal negotiated given the vehicles history and everything else going on with it…so…its not easy and its something I think about every single day morning to night like I told you guys…not taking a salary from the company…I’m grinding every single day…I’m in this…supporting my family on my own…doing everything I do…building this business while navigating things…and finding deals and how to be a successful company move forward...but know this…everything I do I keep it in mind as saying…how do I take care of these shareholders…make sure everybody whose come on board…how do we protect them and how do we do what’s right cause that’s where I’m at. Thanks guys…just want to come and say hi…you want plenty of information…I get you…the priority here is to build a successful business that’s going to be sustainable and long lasting. Thanks…frag out.
News coming soon here. I wouldn't want to sell and then lose out on the pop. When it happens it will happen fast. Hold tight!!!!
Nice video update by Christian last week. Showed he's still in this for the Long Haul.
Holding strong here. I'm going to try and wait this one out for news. When it comes those who sold are going to be sorry.
This is a pink stock not an SEC traded stock. FCS!
According to his last video there is no shortage of ppl wanting to throw money at him. Current investors...new investors...even debt holders past and present want a piece of the pie.
You have to admit he's a nice looking guy with a great personality. With good ppl behind him this could end up being very successful.
LOL... I've been blocked for months.
Obviously from the video Christian posted a couple days ago they are pressing on here. Pressing on in terms of expanding this business and getting old business sorted out.
I would hesitate to say someone is holding the ERs hostage. The reason is that it gives an extremely negative picture of what is happening.
I have worked in Accounting for a number of years and know a bit. There may be something that is needed to complete the financials for June and the person holding the information sees what a gem they have given up here so there is a bit of a struggle. Attorneys should be able to sort it out and no it won't take years as has been speculated.
There are ppl who invested here and ppl who want to invest here that are helping to find answers to the above. This will be sorted out in no time.
Positive and negative because even positive news showing progress can be pounded down with negativity.
This is incorrect. There is 161k in debt remaining and that is not a lot.
This will be settled soon. They are trying to work out the cap structure.
I've seen companies will millions and millions in debt including several lawsuits in the OTC. This company not only has neither they have one very important thing mentioned in that video...
Current investors that want it resolved and new investors that want in.
Great news for AMLH and shareholders.
I get the impression the lawyers are helping Bishop navigate through the negotiation process with debt holders.
Debt holders purchased the debt and asked for it to be converted to shares. They know what they have here obviously and they helped Bishop get out of a prior agreement with other dilutive financiers so he calls the situation delicate.
In addition there are current investors and those wanting to invest that want a part of this so Bishop is trying to figure out how to include everyone in the new cap structure.
The debt is what caused him to refer to AMLH as having a history. That was debt that existed before he came on board. But it still needs to be settled. He appears to be reluctant to raise the AS or OS to pay it off. I imagine they are trying to come to an agreement without giving away the company to the debt holders.
The bal due is 161k. That is NOT a lot and certainly not an amount that would cause someone to say it is oppressive. Its small compared to most OTC companies.
This was a much needed statement by Bishop. Good stuff!
UPDATE WITH CURRENT DEBT INFO...I don't get the impression at all that the old company is holding the financials hostage. I think they want a part of this new business. Someone purchased that debt to get a piece of this new endeavor.
So you have new investors that are in or want in and they want to know how to work this out to make a successful company and Bishop is trying to figure out how to fit everyone into the picture.
The financials are late because they need to be analyzed by an accountant and they don't have that person on staff currently. IMO the financials are a non-issue.
Working with debt holders and new investors and making sure everyone is taken into account is what Bishop is focused on.
Chris...transcribed the video below in a post. There are issues with AMLH history but it appears the conundrum is how to bring in new investors and current investors and what to do with the cap structure.
I am not worried about the financials at all. The company moving forward and making alliances and revenue is what is important here.
I believe that old debt was purchased by someone. They need someone to pay that debt off and get rid of it so they can move forward.
I might be missing something here but March quarterly said the debt was taken over by another company.