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Attention facebook vevo youtube and Itunes.
EAT YOUR HEART OUT! We are coming after your market share! We don't need it all but I think Vevo will get hit hardest as we outmatch their quality and no ads. Itunes is next as MM will be the feature download site for music AND videos. third is facebook sucking away social networking. I doubt this giant will move much but MM will be another popular site and I belive bigger than myspace. Youtube will be least affected. MM focus' on music and lets face it, youtube covers every topic but i guarentee you, people will be uploading their music videos to MM and sharing with their friends over youtube so this music portion of youtube will get slashed.
Oh and there is one more area to watch out for. And that is aimed at any companies that will be second runners up to the concept of online video editing...been there done that you can't touch MM!
Ill bet my left shoe that in the next 6-12 months you will see copycats with online video editing software website poping up like wildflowers!
ENTI Youtube Commercial.
Just a side note to the chart...
Take a look at when we sold off to .0051 a few months back. It had bounced to it's trend resistance line and failed to break it when volume slowed down. Once Volume came back in, it broke the resistance line and Goig quickly rose to it's record high over 6 cents. Could history repeat? We also have a similar oversold point reversal signal on the RSI.
Just a side note to the chart...
Take a look at when we sold off to .0051 a few months back. It had bounced to it's trend resistance line and failed to break it when volume slowed down. Once Volume came back in, it broke the resistance line and Goig quickly rose to it's record high over 6 cents. Could history repeat? We also have a similar oversold point reversal signal on the RSI.
GOIG ANNOTATED CHART
A volume spike on a downtrend can indicate a bottom or support level and that is exactly what happened when we reached .01. As you know I have been harping on GOIG for it's lack of volume in the past month.
Volume currently is not a concern, there is plenty of interest back in this stock, the only concern now will be to maintain this volume to break our of our Trend Resistance Line (Red Line). Only then will we really see GOIG's true potential. IMO
Enti is coming to test support again around .0039 don't be surprised if we see it today :)
Looks like it's going to take a little longer to run than expected :)
The amount of volume traded at .01 was intense today. 1 it suggests it's going to take a lot of pressure to sent it lower. Possible we may come down to test it again and expect some solid support to hold it up.
2 we need a higher high and a move past .0125 should clear the way for at least a partial recovery. I still have shares here and although I'm not happy about the move down I think the idea is solid. We are just lacking on execution.
As they say... No army can stop an idea whose time has come.
Glta!
Here are a few.
A icon needs to be created to tell you if you have new mail/friend request so you know to check.
More music catageories. Electronic is far too general considering our target audience. Trance house drum n bass and downtempo would at least be a nice start
Mobile devices. Chat and videos do not load on my iPhone but it is also limited in what it can do. A iPhone app may be needed shortly and this should be considered.
My name on there is mattchart. I am lonely and desperately need friends since a error has preventede from accessing matt_chart.
Add me!
Thank you for supporting Musicmatrix.com revenue :)
How many more songs do you have to buy before I can kick back, relax and retire on a tropical island?
"received more than $600,000 in funding to date from Spire Investment Group. The funding has been primarily used to pay for programming, an endorsement deal with a soon to be disclosed premier music industry artist, as well as for a six month promotional campaign being provided by Mpower Entertainment for their Flagship site MusicMatrix.com."
There is another $300,000 pmt coming to them this mid June which puts them at almost a million to pay for this website and costs. They have not even paid for a "industry artist" yet which was incorporated into their budget. My guess is they will use the funds from the next $300,000 to finish the deal as they were shy in their initial bids and are waiting for the next funding payment. Notice we are now being promised the artist before the end of june after their next payment.
If they announced the endorcement last month and paid more than their inital offer for them, then I would have to raise the question, "where did the money come from?" To be clear, these are "restricted shares" here that cannot be liquidated without a proper filing. You are speculating without evidence. Has the company EVER done anything illegal or shady yet? I would point to no, everything has been by the book and have been clear that they are doing everything by the book.
As a side note I would not be surprised if lady gaga or BEP or another artist is signed but at more than what was initally offered back in may and this is the reason WHY we never got the artist when they origionally had planned.
IMO The company doesn't need to dilute as they have funding agreements in place to run and operate their company and are following their budget. WHY would they need to break the law to raise funds?
These are just traders. This is a very easy stock to flip and buying in the 40's and selling in the 60's I am sure is being done by a lot of people. Until we break that trend we will contine to consolidate/channel in that range and this is normal trading activity.
Thanks for the conspiracy theory though.
Lol maybe were all just a little peeved that the stock is behaving this way. ENTI is A diamond in the rough.
I never called it a pyramid scheme, someone else did.
Ok no problem, I thought you were mocking my statement :)
Commercials begin airing on June 21.
This is the summer solstice and the longest day of the year.
Also Happy Birthday to Me!
theres 47's breakdown happening.
Yes it is like a pyramid scheme if that makes you more comfortable to word it that way.
What it is, is an incentive to bring friends over to the website, even if they do not sign up and pay the fee, they may still download music. This also spreads awareness of musicmatrix.com and as you would know A social media website cannot survive if people are not participating in it.
You are suggesting that it is a scam of some sort.
People are paying for a service to edit music videos. If they get their friends to participate then they earn rewards. There are many companies that have pyramid structures that are successful, legit legal entities. Look at almost any sales organization for starters. Just because it has this structure built as part of its revenue, it does not make it a scam.
Youtube sensors videos sometimes. I know that a lot of videos that expose government corruption are taken down or manipulated by youtube. Perhaps its an attempt to errode competition with youtube.com/vevo.com which are jointly owned.
Maybe not but it wouldn't surprise me one bit.
I just want to say that when that outstanding commercial hits the airwaves, musicmatrix.com is going to be flooded with traffic, music downloads and kids paying $10-$15 and telling all their friends to sign up too! It's a pretty a ingenious method to market this and it will take on a life of it's own. This word of mouth advertising is going to go viral and bring in exponetial revenue and traffic this summer and no doubts will ENTI share price follow. I believe someone posted a while back that the CEO stated on a forum that he wanted to build a social network music website and when he had 5 million members he wanted to sell it. IE Buyout. I do not know if that his still his dream or not, but a dream I am more than happy to share with him and you all and hold his puppy until that day!
4,599,200 to GO!
patience :) it's convienent that the website is in worst states when the market is closed!
Bullish. Enti is holdng it's trend line Posting from my phone so can't link it but u can find my earlier post. The charts update live.
I always respect your posts. You are one of the straightest shooters around.
Thank You
Goig Video Chart
This is from stockpreacher, and its from over the weekend, but its the same analysis as mine.
http://stockpreacher.com/2010/06/01/goip-global-new-otcpk-goig-continues-to-consolidate-could-a-breakout-be-near/
This is not g@@g my friend.
You can't compare the 2 and if you wanted to you would find many more differences than similarities.
Look at WHY investors are upset at g@@g and you may know why it stopped running.
g@@g also ran +1000% percent before the launch date in a weeks time and was due for a correction. ENTI is the opposite, It has sold off before the launch and starting to move up a few days slowly before the launch and will keep going.
Completely different setups, completely different companies.
As long as enti continues to deliver their promises which they are, or are at least keeing shareholders updated with as much information as possible. Until that stops, ENTI will continue to move up! Not Down.
I will see you all in the MM chat after launch and we can celebrate our fantastic 6% gain.
Dow closed down 1.11% Enti has no choice but another gain tomorrow. Ill take 6% a day for the next 2 weeks than a tanking stock market.
Looks like a fish trying to eat a banana to me!
I guess Nite didn't get the memo.
Enti is going to smack his A$$ around!
Maybe he forgot to put a coverletter on his TPS report.
Cheers Buddy. I guess my confidence in this stock is so high that I didn't even read the PR this morning!
Look what Sheri did for the price last time! Im pretty excited to hear her on again.
my issue is that the website still seems to have a lot of bugs. I can't log back on and chat with you guys? anyone else having issues?
Firmly Worded thank you! Yes goig's transparency and lack for clear communication has triggered a lack of confidence and instilled confusion into shareholders.
I simply look at these dips as buying opportunities as when the lack of information again becomes apparent, the market will revaluate these missing pieces into a hopefully higher share price.
Well I firmly believe that will change in due time. There is currently a bit of selling pressure during this consolidation. Eventually when the time is right confidence will come back and we will see another rally. When that will happen I honestly cannot say. But just as goig didn't rally forever, it won't sell forever either. It's time will come again.
Updatd the 60 min chart. Notice that the RSI has moved back into the oversold position so we should expect a bounce here. And some support building at .016 level over the following trading days. A move past .024 or past the red trend resitance line will send it on a Breakout.
Hey guys how ya holding up! Goig still Undergoing it's Consolidation. On the plus side volume is looking better! This is what it needs and if volume continues to increase this is what it needs. Ill possibly put up a video tonight if I have time.
Cheers.
yes indeed! very well done!
My last post of the day gonna add!
That Fish Banana post is cracking me up! Im going to print it and stick it to my cubicle wall.
Soo PUMPED That that musicmatrix.com now says!
"Sorry, This site is temporarily unavailable.
It should be back up shortly."
OOOOOH YEAH!
You are person marked for your excellent sence of humor and your DD.
Who woulda known that was a fish swimming upstream towards that tasty banana. Totally makes sence given enti's platform.
T-Minus 4 Hours to Launch.
If nothing happens wait a little longer.
Thats awesome! It looks just like mine hahah
Thanks looking good provided the new website is up before the market opens! musicmatrix.com is what it is all about.
That one made me laugh!
Been another mediocre day for enti. 0 Shares traded and 0% gain/loss. Any bashers wanna play with this one?