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questions listed below have been addressed by Tony and Thomas? you gotta be kidding right?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70501363
Investors deserve nothing less than a pod cast answering questions below. IMO
1. You stated upon up-list your advisers valued ENTI at .02-.05 cents, at the time would equate to a market cap of 150 to 400 million dollars. Since the value of ENTI was primarily music matrix, what is MMX worth now after recent improvements?
2. Have you considered marketing VSP because Thomas doesn't bother mentioning it? what is the name of the company it was sold to? What efforts were made to collect the 1.75 million owed ENTI?
3. Did you or your brother benefit financially on the forward splits including related companies?
4. What is the status of the substantial LOC you mentioned on a previous pod cast? The filings do not indicate any deal has been signed.
5. Why is the FilmRookie logo being used on MMX?
6. Why is the FilmRookie logo being hosted on MMX?
7.Why does the majority of the code on MMX remain unchanged?
8. Why is ApogeeINVENTS's footer still in the code?
9. Why does ApogeeINVENT's footer still say FilmRookie?
10 Why is the VMIX stuff still evident in the code?
11. Why wasn't a complete website overhaul performed as we were told? All we got was new paint for an old car.
12. Why is the video quality worse than it was with VMIX?
13. What is your relationship both current and past with ApogeeINVENT ?
14. Could you comment on the pod cast from June 1st. Don't you believe your statements in retrospect were misleading at best?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70419627
You would be much better served to provide all information to the SEC, in turn they would prosecute. If a judgement is made you could receive a partial payment. Although it could take perhaps 3-5 years for it to pan out. IMO
Investors deserve nothing less than a pod cast answering questions below. IMO
1. You stated upon up-list your advisers valued ENTI at .02-.05 cents, at the time would equate to a market cap of 150 to 400 million dollars. Since the value of ENTI was primarily music matrix, what is MMX worth now after recent improvements?
2. Have you considered marketing VSP because Thomas doesn't bother mentioning it? what is the name of the company it was sold to? What efforts were made to collect the 1.75 million owed ENTI?
3. Did you or your brother benefit financially on the forward splits including related companies?
4. What is the status of the substantial LOC you mentioned on a previous pod cast? The filings do not indicate any deal has been signed.
5. Why is the FilmRookie logo being used on MMX?
6. Why is the FilmRookie logo being hosted on MMX?
7.Why does the majority of the code on MMX remain unchanged?
8. Why is ApogeeINVENTS's footer still in the code?
9. Why does ApogeeINVENT's footer still say FilmRookie?
10 Why is the VMIX stuff still evident in the code?
11. Why wasn't a complete website overhaul performed as we were told? All we got was new paint for an old car.
12. Why is the video quality worse than it was with VMIX?
13. What is your relationship both current and past with ApogeeINVENT ?
14. Could you comment on the pod cast from June 1st. Don't you believe your statements in retrospect were misleading at best?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70419627
You asked? What other company started out looking for outside sales and found many small companies that were absorbed by the parent company and then branded nationwide?
Good question, I don't have a clue?
No one really knows the direction MYFT will take to enhance shareholder value. Your opinions are interesting.
Childress stated they have an excellent relationship with Schneider, I assume cloud apps from the contract last year could lead to new business. If 3plinabox is in play, would be a big boost to the bottom line.
These ads were posted before, but must of looked over them in haste, can't find them now, but new ads posted do show 3plinabox still in play, IMO this is the platform with much better margins.
http://www.simplyhired.com/job-id/rkrukpyo2e/experienced-ltl-jobs/
Experienced LTL/TL Freight Sales Agents
Apply Now
Company: Myfreightworld
Location: Tallahassee, FL
Date Posted: January 02, 2012
MyFreightWorldTechnologies,Inc. is a business services firm that specializes in providing technology, transportation (LTL, Truckload, Intermodal) to Third Party Logistics, Shipping Managers, and Transportation Agents of all types and sizes, primarily in North America. The company is based in the metropolitan Kansas City area. We are supporting over 25,000 users. Leveraging its proprietary cloud-based software platform, MyFreightWorld offers small and mid-sized 3PL-s, along with Brokers, Consultants and Agents, a -3PLINABOX- service package, giving its partners practical applications (myApps) and back office support . The -3PLINABOX- allows our clients and Agents to grow their business exponentially, while enabling them to improve and reduce their operating costs in all areas of freight.
Tony Baloney could of easily rode this out, and took a walk prior to the ENTI up-list intent that led to the PTEL fiasco.
Through greed and ignorance Tony felt the need to milk the P+D with associate companies, forward splits, and BS pod casts.
It could very well be a whole new ball game of scrutiny.
All IMO
Tony should field a live question and answer session from investors with his brother Rick also participating. Later followed up with Thomas answering questions.
I think its better to go here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70419627
Thank him for the pod cast too!!!
Nabbbss Member Level
Share
Wednesday, June 01, 2011 3:43:42 PM
Re: None
Post # of 132607
Here's-a SUMMARY of today's CEO-Podcast, PLEASE READ ...more-below...
"Some fantastic NEWS! I am positioning the Company as an incubator
of new technologies. We have the Internet Yellow Pages Platform.
It's basically ready to go. We are signing-up Publishers.
Some major Contracts are in the works. A LOT GOING ON!
"The IYP Platform is an extremely cost-effective site. There is
very little on the Cost-side to maintain that. It's great on
the Revenue side, because the majority of
what we bring-in from that IS PROFIT. It's my DNA, I love it,
I was raised and brought-up on that business.
"Regarding FilmRookie.com, I am hoping to have that site up in
the coming weeks. It needed some updating.
"ADDITIONAL exciting NEWS! COMPRESSION TECHNOLOGY. Initially,
we were looking to simply Partner with them, and as we got to
talking and working with them...
A) They're a small start-up...
B) And, i wanted a piece of it.
"So we're working on an Arrangement where we're gonna have
MAJOR SKIN IN THAT GAME.
"What's unique about their Streaming, High-Definition Video
Compression Technology, you're talking about A LOT of Bandwidth
that's needed to get a GOOD QUALITY High-Def Video Stream on the
Internet. Videos typically Buffer and/or Delay, etc.
"This doesn't to ANY OF THAT, and that's what's really cool
about it. The REASON it doesn't, and this is the unique
niche they have (and when you see it, you won't believe it)...
"The REASON it doesn't is, they designed a way for the
Technology to focus ONLY (in High-Definition) on the Subject
or the Main-Part of what you're looking-at.
"I saw a demo from them where they used an Obama speech, and
HE was the focus obviously, and it was like he was JUMPING
out of the screen. Now, this was streamed over the Internet,
what I saw. The background was not as clear, RELATIVELY
SPEAKING, I mean, it was still clear, but they are able to take
the focal-points of a Video and MAXIMIZE the High-Def THERE.
"By doing this, it streams it much faster, much clearer.
It's UNBELIEVABLE! I am going to get this in a way that I can
show people what I am talking about. THIS IS REALLY COOL.
"What is even COOLER about it is, seeing as they are having
issues taking this to Market as all start-ups do, we've
worked-out an Arrangement, we are gonna be a Major Investor in
this Technology, and we are going to help them, through our
resources, to get this to Market.
"In exchange for that, we are going to have some Major-Skin in
the Game, so that WE benefit as it succeeds. It's a WIN-WIN for
everybody. I'm really EXCITED about it, I cannot communicate
more, how excited I am about this Technology!
"It focuses on where this Company is going. I said it from the
very beginning, I am REALLY EXCITED about ENCOUNTER.
"Yes, MMx is leaving the Company, but so is a huge, huge burden.
MMx is an expensive site to maintain, it is an expensive
site to promote, and it's getting bigger by the second, and
its NEEDS are getting bigger by the second.
"ENTI, because of the Market it is in, and because of the
design of the Company, it's just not at a position where it
can manage MMx right now.
"Yes, we COULD HAVE waited until ENTI Uplisted, and then
blown-out MusicMatrix, but at the end of the day, I realized
that wasn't going to work. MMx can't wait any more, it just
cannot wait.
"So, ENTI needs to move-on with what it does best, to its core DNA,
which is developing these new Technologies, and then getting
them to a point where they go to Market. That's what it's doing.
"I hope that the definition of EACH COMPANY is beginning to get
better-defined for you. Each Company is taking a different
road, and VERY PROSPEROUS ROADS.
"We are about to Launch Howie D. from the BackStreet Boys. This
is even BIGGER THAN I EVEN IMAGINED back in February when we
filmed his Music Video that we actually Produced.
"This FRIDAY, NKOTB and BackStreet Boys are BOTH going to be on
the TODAY SHOW, as part of their Summer Concert Series. The
exposure for their Concert Tour is INCREDIBLE, and the fact
that our Video, "MusicMatrix.com Presents Howie D." is going to
be seen by these Fans at every Concert, and these Concerts are
going to be 30,000 to 50,000 Fans at EACH Concert, and this
Video is going to be seen by all of these Fans before the Bands
take the Stage.
"I couldn't ask for better promotion. IT IS INSANE! His Fans
are insane. BackStreet Boys Fans are insane. NKOTB Fans are
insane. THIS IS GONNA BE HUGE!
"We are going to Release the Howie D. "100" Video A LOT
SOONER THAN ANYBODY EXPECTED, because the people who had
already attended the earlier Concerts, and who had suddenly
found-out that they hadn't seen the Howie D. "100" Video being
played before THEIR CONCERTS, started complaining.
"Howie D.'s Manager then e-mailed CEO Tony and told him to
"pull-back on the promotion!" So, the pressure built from the
Manager, which then built to the Label, ALL OF WHICH MEANS THAT
we are getting it out SOONER, and we're working like hell to
make that happen.
"This means that the Howie D. "100" Video COULD BE SHOWN
AT CONCERTS AS EARLY AS NEXT WEEK, and our MusicMatrix.com
Premiere on our Website will be BEFORE THAT HAPPENS. So do the
Math, guys...IT'S IMMINENT!
"This is an example of how www.MusicMatrix.com is just
BIGGER THAN THE COMPANY, it truly is, it's a Business within
itself. Now, Pegasus will be able to handle it, it Trades on a
bigger Board, and it will have the credibility and the Funding
to bring it to where it needs to go.""
It will be a like a walk in the park trying to sell your PTEL restricted shares lol. Tony Baloney likely was aware the SEC would look the other way. IMO
Even if you have met the conditions of Rule 144, you can't sell your restricted securities to the public until you've gotten the legend removed from the certificate. Only a transfer agent can remove a restrictive legend. But the transfer agent won't remove the legend unless you've obtained the consent of the issuer—usually in the form of an opinion letter from the issuer's counsel—that the restricted legend can be removed. Unless this happens, the transfer agent doesn't have the authority to remove the legend and execute the trade in the marketplace.
To begin the process, an investor should contact the company that issued the securities, or the transfer agent of the company's securities, to ask about the procedures for removing a legend. Since removing the legend can be a complicated process, if you're considering buying or selling a restricted security, it would be wise for you to consult an attorney who specializes in securities law.
What If a Dispute Arises Over Whether I Can Remove the Legend?
If a dispute arises about whether a restricted legend can be removed, the SEC will not intervene. The removal of a legend is a matter solely in the discretion of the issuer of the securities. State law, not federal law, covers disputes about the removal of legends. Thus, the SEC will not take action in any decision or dispute about removing a restrictive legend.
http://www.sec.gov/investor/pubs/rule144.htm
Good to see you Briantek, always enjoy your posts, happy new year to you and the same to everyone else who reads this message.
Looks like the is interest is back, People will feel alot better about their investment after it gets out of sub penny.
Definitely not the year I expected, but we do have something to look forward to IMO on MYFT in 2012.
Yes, Harvey one other very important question:
Tony stated upon up-list his advisers valued ENTI at .02-.05 cents, at the time would equate to a market cap of 150 to 400 million dollars. Since the value of ENTI was primarily music matrix, what is MMX worth after recent improvements?
I think your questions are great, other questions should include:
1. Have you considered marketing VSP because Thomas doesn't bother mentioning it? what is the name of the company it was sold to? What efforts were made to collect the 1.75 million owed ENTI?
2. Did you or your brother benefit financially on the forward splits including related companies?
3. What is the status of the substantial LOC you mentioned on a previous pod cast? The filings do not indicate any deal has been signed.
Atleast for now it appears we will end 2011 on a slight up-trend with good volume.
Time moves by quickly before you know it the audit completion could be in sight. Would be fantastic if that promise is fulfilled. If that's the case, whole new ball game.
Consider:
NEITHER Company has gone Bankrupt...
Neither company has any revenue, By definition, a company like PTEL is bankrupt when liabilities are greater than assets.
GOING CONCERN QUALIFICATION
In their Independent Auditor's Report for the fiscal years ending December 31, 2010, Robison, Hill & Co. stated that several conditions and events cast substantial doubt about our ability to continue as a “going concern.” At December 31, 2010, we had $289 cash on hand, $218 in accounts receivable and an accumulated deficit of $(.270,262 At September 30, 2011, we had $317 cash on hand, $208 in accounts receivable and an accumulated deficit of $(19,343,938). See “Liquidity and Capital Resources.”
WORKING CAPITAL
We had total assets of $507 and total liabilities of $212.905 resulting in a working capital deficit of $(212,398) for the year ended December 31, 2010. We had total assets of $525 and total liabilities of $511,715, resulting in working capital deficit of $(511,190) for the nine months ended September 30, 2011.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8266188
you say I rave about the management then turn on them? I will support until proven otherwise at that juncture I will express that opinion, rather than filling the board with mindless pumping, for instance saying Im using this as my personal ATM, where are the revenue numbers, etc etc.
I do like Kevin's track record esp for IPO's but track record is like reading a prospectus on a mutual fund, past returns do not guarantee future performance.
I have every reason to believe MYFT's technology is the best for non asset based freight brokers, 3pl's, motor carriers, intermodal, etc.
If this holds true, like I still think it will, the rewards will be huge IMO
Did you read the fins? for 9 months ending Sept 30th over 10 mil in revenue. Seriously it gets frustrating to those who share DD on numerous occasions, and those who read it and quickly forget or lack reading comprehension to begin with.
Schneider is an important deal, not huge dollars now but it has every possibility of leading to more business down the road. It is the largest privately held trucking company in the US, perhaps the world, they would not associate themselves with 2nd rate technology and a company cannot support it
Im willing to give the management team a chance. Too much at stake not completing the audit, could there be delays? absolutely.
No one twisted my arm to hit the buy button. For whatever reason some people here that think their circumstance is different. Its called investing, this stock has risk with the potential of very high reward. I do not characterize it as just another penny.
I will remain optimistic until its obvious the audit won't be completed the printer gets turned with fluff BS, misleading PR's.
Thanks Santa, and happy holiday's to you, Im sure you are taking a well deserved rest after your world wide tour delivering gifts. !! lol
I can't say Tony Baloney sounds defeated. He still is pompous arrogant, and a compulsive liar IMO. Those traits will be hard to break, just like a bad habit like smoking or excessive drinking.
Money has been made on this P+D, and he is looking for a way out just like SREH and ENTI. In time he will look for a new scheme, and a group naive investors.
If it touches .003 its lights out? seriously lol?
Very few penny stocks out there are generating millions in revenue like MYFT
Childress stated he has no desire to promote the stock, he must think fundamentals will take over. Unscrupulous management could easily pump out meaningless PR's LOI's etc. I think for now it is a good thing management is staying low key, no sense of desperation. But it is agreed investors who own this presently are not happy with PPS. But perception can change quickly IMO.
Key points to recognize a financial institution loaned the company over 2.4 mil. The technology is valued at 6 mil to be amortized for 15 years. If there was no value to the technology, no loan.
IMO the total picture is not clear, and won't be until the audit is complete. Its my opinion that delayed deals going forward.
Don't think par value isn't the value that should be assigned. IMO Enterprise value, IE the value software platform, value of companies using it including Schneider, All Modes, FMI, other freight brokers, over 2000+ customers, I suppose that is considered goodwill or an intangible asset, on the other side is the debt of the software purchase.
The key gong forward like any other company is improvement in the bottom line, that is growing revenue, managing expenses.
Vinny if you look at the fins they are not by any shape or form representative of a scam. Granted pretty much all of my predictions on PPS, etc have been thrown out the window. When I made my 1st purchase close to 2.5 years ago, the total OS was 133 mil, now its roughly 325 mil. alot of mistakes were made here no doubt, value was added with partnerships with FMI, All Modes, and strengthening the balance sheet, ETC.
Any other penny would have turned on the printer and would have maxed out the OS to 1 bil plus and likely it would be at no bid. If you look at the keys here, rev per share, enterprise value, the company is clearly generating significant rev 13 mil +, as Childress stated, breakeven is expected later in the year, with financing thru traditional methods IE bank.
In case you didn't notice look at enterprise value, what is the definition?
Enterprise value (EV), Total enterprise value (TEV), or Firm value (FV) is an economic measure reflecting the market value of a whole business. It is a sum of claims of all the security-holders: debtholders, preferred shareholders, minority shareholders, common equity holders, and others. Enterprise value is one of the fundamental metrics used in business valuation, financial modeling, accounting, portfolio analysis, etc.
EV is more comprehensive than market capitalization (market cap), which only includes common equity.
http://en.wikipedia.org/wiki/Enterprise_value
That's why when companies are bought out ( not to say that will happen here) that is why the offering price is always higher than current PPS
Market Cap (intraday)5: 1.52M
Enterprise Value (Dec 24, 2011)3: 5.18M
Trailing P/E (ttm, intraday): N/A
Forward P/E (fye Dec 31, 2012)1: N/A
PEG Ratio (5 yr expected)1: N/A
Price/Sales (ttm): 0.14
Price/Book (mrq): 0.60
Enterprise Value/Revenue (ttm)3: 0.38
Enterprise Value/EBITDA (ttm)6: -12.42
Financial Highlights
Fiscal Year
Fiscal Year Ends: Dec 31
Most Recent Quarter (mrq): Sep 30, 2011
Profitability
Profit Margin (ttm): -7.36%
Operating Margin (ttm): -4.36%
Return on Assets (ttm): -3.64%
Return on Equity (ttm): -26.21%
Income Statement
Revenue (ttm): 13.52M
Revenue Per Share (ttm): 0.04
Qtrly Revenue Growth (yoy): 29.40%
The company went through 5 million plus shareholder dollars IMO, with a small amount of the proceeds showing up on financials.
I think PTEL was merely used for the forward split to unload restricted ENTI shares.
If corporate counsel is involved, thats like getting smoke blown up your behind. All the tough questions he avoids, he hates to look like a fool when its obvious he is one.
What can possibly be said about the MMX site? its a joke, where will the revenue come from? online songs? clicking advertisements?
The last pump occurred on the forward stock split scam, there is nothing left other than an empty bag IMO
Looks like operations are winding down at ENTI, no one could take Roaritnow site seriously. the encountertech site is a joke, no tweets.
What happened to VSP?, who owns it, or did it ever exist in the 1st place?
lets say 12 billion shares, the bulk of the dilution was in the .0006 range, (estimate)
12 billion shares sold into the market, my estimate 75% debt went to debt holders, prior management, etc. 25% of shares sold for operating expenses, artists
.0006 (estimated selling price) x 9 billion shares = 5.4 million dollars
.0006 x 3 billion shares = 1.8 million money for artists, rent, salaries to contract employees, lawyers, entertainment, etc.
if you look at the balance sheet, where did the money go? just do the math, alot of money is hidden. My estimates are rough, but no doubt millions of dollars were made on this P+D
One simple free way to have ENTI and PTEL investigated is contact your state attorney general and file a complaint.
The SEC could get involved if there is a profitable way to prosecute. Throughout this shell game, my estimate 5 million + has been profited by debt holders, or other parties.
Thats why I call him Tony Baloney lol
MusicMatrixCeo MusicMatrix.Com
Glad everyone loves the site! Overwhelming response already!!
1 Dec
Read the attorney letter on Nov 10th, that is the share count on that date
http://www.otcmarkets.com/financialReportViewer?symbol=MYFT&id=64638
Nov 10th 304 mil, total O/S Dec 15th 321 mil O/S = 17 mil added
Unsure if its games, in 5 weeks the O/S goes up 17 mil, in 20 trading sessions close to a mil added each session. How can the price go up?
Who knows at this point, looks like their was alot of effort to support .006, comparing share count to the Attorney Letter from Nov 10 to Dec 15th, (today) roughly 17 mil added to the total O/S.
Called TA, new numbers:
Total outstanding 321,642,726
Float: 315,208,581
Hopefully MYFT can become cash flow positive sooner rather than later. Selling pressure is unbelievable. There still is a business here, but the facet of this business needs to take a pause is the selling of stock.
Hopefully Jensen, Morgan, Jacobs types are not involved, they simply don't deserve the financial benefit.
Get ready for this to break through .004 support. Bagholders that bought over the last few days are looking to exit on a losing trade.
Tony Baloney was never serious about bringing the site back better than before in the first place. It was all talk, smoke and mirrors, etc. Money has already been made on this P+D, there is nothing left to this scheme.
Tony wanted to live up to commitments although to the bare minimum, and pull the ole rope a dope, wear investors down where they no longer have the will to fight, and the company will go off into the sunset until the next Dibiase P+D is conjured up.
I never saw anything so obvious, very few on the outside taking the bait. Its starting to show cracks, the freefall under .004 will happen shortly, and it will be swift.
Hard to find a more blatant pump and dump than FBCD.
would suck for the 6's to fall but it may happen.