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JF has all the time in the world....his shares are long long term...in the short term, he will just keep accumulating bonus shares and major raises in salary....he also has nothing to loose with GGI selling....
The fact that this issue is held and controlled by daytraders and flippers is entirely JF's fault....he should have paid closer attention earlier before giving the farm away for free....IMHO
Obviously, very easy for you to say when you have none of your cash at risk! Riding free shares is great, but many here ARE NOT! So try a little more compassion for those that are suffering 75 % losses.....on what should have been gains!
GGI doesn't get shares at a specific price (0.004) in your example....they purchase them from GZFX at an 18% discount to the weighted average volume over the last 15 or 20 trading days.....this is very clear in the filing....
Also, notice how no one posts charts any longer....wonder why that is? Guess they don't post downtrends! How about "GZFX TO THE GREAT ABYSS" OR "5 BILLION MORE SHARES UNDER THE SEA"....LOL...STILL A SHAREHOLDER HOWEVER...WAITIN FOR THE NEXT POP TO EXIT STAGE LEFT
Depends on selling, no news=low volume and downward pps....the chart looks horrible with the pps trending along a falling lower bollinger band.
With news, heavy selling into news...and a dropping shareprice at end of day.....
The newest HD/DVD and Blu-Ray Players are hitting the shelves this summer....PS3 uses Blu-Ray technology! the big debate of course is still which technology will win out...much like the Beta vs. VHS competition of old.....
Anywho, I would think a deal involving flyers would have to already be in place....JMHO!
I couldn't agree more, too bad Gameznflix got greedy and filed a second SB-2 immediately following the first. If they had waited a short period, perhaps they could have obtained financing with better terms than what they obtained through GGI.....and by all means, lets thank GGI for their continued support? LOL! That had to have been a joke...what support, they are taking GZFX and its shareholders to the rack!
I see lots of cheap shares flooding the market at every positive step forward for Gameznflix.....the only people making money on this will be the flippers and GGI....like a fool, I already spent all my money on shares at higher prices.
Thought I already said that!
You actually believe that 5+ Billion shares will be sold in 30-60 days??? If so then the shareprice will be at an all time low...NO WAY these are sold in that short a span of time, not with the interest that this issue has attracted of late with very low volumes.
more dilution either occurring currently or soon to come....depends on what you believe....personally, I think ARCA amd UBSS transactions already show more dilution is occurring....JF says share count is current and the same as previously announced....bet the next quarter shows much higher OS!
IF GZFX did not plan to utilize the second SB-2 then why would they file one so quickly after completion of the first SB-2 shares...
Those 5+ Billion shares are/will be sold....
15,000 subs is no longer maximum....that was before the push to open new distribution centers and adding stock for each DC to operate with.....also, it is unlikely that 15,000 is break even any longer either with increased spending etc...
Good point, and that is why Chip described that with each new distribution center opening local TV advertising will be aired letting the communities know that they would have very quick turnaround time from a DC in their area.
Some of Yall need your heads examined...IF? Not IF but WHEN....if they were not planning on taking advantage of another 20 Million in cash they would not have filed a second SB-2 as soon as the first one was completed....the shares WILL be sold...question is how much value will the company have amassed prior to the draw down.
No question about it what so ever!
and one other misconception on your part....if GGI does in fact purchase more shares from GZFX at the 1.09 per share price, then the corresponding CD's will not be held by GGI...as a hedge fund, they cannot hold those shares, they are in this for the 18% plus premium they get on their costs...they must be converted and sold as outlined in the agreement.
Without good news and perhaps even with news....chart shows downward trend, not upward!
Not neccessary, 1 in 2 years demonstrates my point sufficiently!
But thank you for the offer.
Wow...this CEO knows how to conclude a letter to the shareholders...bet their webcast begets an increasing shareprice....
"We are grateful and reciprocally committed to delivering exceptional shareholder value.
Thank you,
Philip Verges
CEO and Chairman
NewMarket Technology Inc."
Come to think of it, GZFX management has never put out a letter to the shareholders updating them like MobilPro or like New Market Technologies....oooops, careful now wouldn't want to be considered a whiner....maybe JF isn't too old to learn a few new tricks huh?
This view is the same view that was observed for movies days before the new website was released...you could see that place holders were being used, because none of the titles matched with the movie photos being shown.....just as none of the audio book titles match the place holders being shown currently....
and yes, more than likely this is being worked on as we speak or type as it were.....the link I viewed earlier also only had two pages available...but you could not click and link to the second page at that time.
The bigger or perhaps better question would be who gets the codes or heads up about new pages etc....these are not just discovered by accident?
Just place holders....same as website was before it launched....with movies in places with incorrect titles etc...just place holders.
Who is beating the same drum???? LOL....the way I see it, both camps are correct...and the same argument can also be made for the pumpers as opposed to bashers---as you have indicated.
You got that right! Now that they all have flipped and are back in on the cheap...they will pump it back up and flip it again....no wonder why the shareprice never maintains any positive momentum or increasing value.
Why would they mention GZFX....we have no movie downloads only hopes thereof and probably not anytime soon from what I have seen...not to mention the crappy resolution of their video stream....GZFX is no where near the forefront on their VOD technologies.
Well at least I wasn't the only one that thought that with all of the talk of Tina's Pom Pom's etc...that offering her a prized trophy in the form of a steely had an entirely different meaning than that of a marble! LOL
My best guess....comes from the movie Coccoon....blue steel! Just a guess.....even worth wasting a post on!
to serve his and others own short-term flippin agenda....how is that serving the longs here???? Actually, Unci has it right....believe it or not....if it is not dilution, then it is clearly distribution and the accumulation/distribution chart shows all of that....
Fact is, if people had faith in this company they would not be selling their shares at all! but holding them close!
yeah, now lets try for the good of the company and for shareholder value! JF seems to forget that last part of the equation now doesn't he?
Now that was funny!
doubt it!
That would be incorrect...for a CEO of a publicly traded company it is what they say and then what they do...particularly when it comes to doing what you say and if you have your eye on becoming a big boy!
That is why JF's views about shareholders will have to change dramatically if he expects to compete with the likes of NFLX.....shareholders are important in the big stocks and they mean more than just a bank account for the company....the company and board of directors answer to the shareholders....and shareholders quite reasonably expect answers and shareholder value in return for their investment dollars.
Looking pretty bad from my account!
6 months to a year from now????
Don't know about the next PR, but I am certainly doing the math to determine how much of a loss is acceptable under the conditions....
Every share that GGI purchases is under the table price wise....they pay 1.09 per share and with it are guaranteed convertible debentures that are valued at an 18% discount to average market value (VWA)....they cannot loose...zero risk to them...and there is no under their value, their price continues to fall accordingly....
Guess if one SB-2 is good, Two or Three will be better....right JF?
Couldn't agree with you more....so where will the shareholders come from to buy those additional 5+ Billion shares....I will also not be buying more...simply because I am fully invested here already and have no more funds to average down...
PRs that are not viewed by anyone except those already following the stock....not good enough...and PRs that never get picked up by major stock firms...not good enough!
If anyone had told me that with a national rollout and a very bright future that GZFX would be trading sub-penny again about a month ago, I would have told them they were crazy....and yet here we are....
and I wouldn't hold your breath as to JF changing his tune about shareholders....he certainly wasn't convincing to me about his concern for shareholders and I have expressed my concern to him about that on several occassions via e-mail....fortunately for him today i decided not to e-mail him....what good would it do anyway!
Teach JF to hold his tongue and remember that when he speaks the shareholders suffer.....
Highly unlikely! No powder to use....
Then that would make you very wrong! AGAIN! STILL!
Don't hold your breath....bounce based on what...I don't even expect a technical bounce anylonger out of this.....investor confidence hits all time low and shareprice follows suit and drops an additional 10% today...
Has to be the absolute worst national rollout of any company in the history of roll outs....where was all the fan fare....oh yeah, we got our PR and then 21 Billion more shares....LOL...go, go, no wrong way!
You must be kidding....the fact that the pps is in the toilet and once again at the mercy of daytraders and flippers has nothing to do with shareholders standing behind JF and the company....
JF and GZFX management have no plan for shareholders...zero...and as long as they view GZFX shares and its shareowners as simply a means to raise cash for the company then this will continue to stay sub-penny, continue to fall, and continue to be flipped whenever possible for either free shares or for free cash.
They want to be one of the big boys, well guess what...thus far they have not shown me that they even know how to begin to act like one of the big boys in terms of investor relations and updates....
hey, guess what, I have 5 Billion shares I am going to dump onto the market in order to make 20 Million dollars to grow the company...but here is the kicker....I don't have any plans whatsoever to attempt to attract new investors to purchase those shares and with every PR there will be considerable dumping of shares....thankyou for your investment....
They will be linning up to purchase shares of this issue now....
and yeah, another STUCK!
Because they have to first buy the shares from GZFX....their take is 18% plus whatever gain they see if any....they make money regardless! Zero Risk!
I am in complete agreement with you.....if JF was too address the AS and OS first off as being an issue most shareholders were concerned about....he should have taken the time to consider his words very carefully and act in good conscience and consider the ramifications of his words on shareholder value.....the fact still remains (IMO) that JF sees the shareholders as a means to obtain funds "to grow the company".
JF acted callously and in his actions did not show great concern for the shareholders or for share appreciation.