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That looks just like my son! em
alot of the mm's close @ 4ish and the others just move up by default, even though they can't trade.
Thank you, I appreciate the kind words.em
Anyway, I'm done posting here, unless inquired upon. I just wanted to let average investor know what is most likely to unfold before them, and give them an opportunity to save some money before the effect date. I hate when this happens to the shareholders. I have walked the r/s path 4 times and all have been declared worthless shortly thereafter. PCBM MPTV MVEE PCEL (aka PCCE now) All longs, don't take any of this as bashing, I wish you the best.
GLTA
Remember me saying the shareholder does not get a vote...here it is in black and white in case you thought I was kidding. The meeting is a dog and pony show folks.
http://www.investorshub.com/boards/read_msg.asp?message_id=11444695
WHO CAN VOTE?
Only holders of record of our common stock at the close of business on May 16, 2006, the record date, will be entitled to vote at, our special meeting. At the close of business on the record date, 1,998,131,227 shares of our common stock were outstanding and entitled to vote. We also have 5 million shares of preferred stock authorized, 1,000,450 shares of which are issued and outstanding. Each preferred share holds conversion rights and voting rights of 100,000 to one. Our Chairman holds 1 million of those preferred shares. and has issued his proxy in favor of the proposals suggested by the board.
So management hold about 100 billion shares worth of voting rights?
I couldn't tell you that for sure, it is so well blended in I almost missed it.
That means on the effective day, if you close @ .0015 it will open up @ $1.50...by the end of the day, you will be lucky if it is still trading @ .50 jmo. Sorry to see this happen to good honest people, but I've seen it so many times. The investor always gets the shaft in an R/S, hopefully for everyone's sake here, I am wrong.
so if you have 5,000,000 shares, the effect day you will have 5000 shares, do the math on how quick your money goes up in smoke.
GLTA
Notice of Special Shareholder's Meeting
Imperia Entertainment, Inc.
190 N. Canon Drive, Suite 420
Beverly Hills, CA 90210
May 22, 2005
To: The Current Shareholders of
Imperia Entertainment, Inc.
From: Kenneth Eade, Chairman
Dear Shareholders,
Attached you will find Notice of a Special Meeting of Shareholders for Imperia Entertainment, Inc. (hereinafter the “Corporation”), which the Board of Directors has called for June 12, 2006, at 8:30 a.m., at 190 N. Canon Drive, Suite 420, Beverly Hills , CA 90210.
In connection with this upcoming meeting, I wanted to summarize recent developments in connection with the reorganization of the Corporation.
As you are probably aware, the Corporation had to raise money from a Regulation D, Rule 504 stock offering in order to fund overages in the completion of its feature film, “Say it in Russian.” The dilution that resulted was significant, in that the per share price was very low, and now there are almost 2 billion shares outstanding, which is the maximum authorized number of shares, with a per share market price of less than half a penny. In order to reorganize the outstanding share capital structure of the corporation, the board of directors has decided to recommend a reverse split of the common share capital of 1 to 1000. This will result in a reduction in the outstanding shares and a corresponding increase in market price, based on the last trade recorded by the NASDAQ Stock Market the trading day before NASDAQ effects the split. For example, every 1000 shares held would be reduced to one share, and the price, based on a hypothetical current price of .0003 per share, would be increased to .30 per share. Thereafter, regular market activity will determine what happens to the price.
was suspended as a Corporation by the Nevada Secretary of State some time ago, and had remained
http://www.stockinformationsystems.com/c/ipre/investors.html
scroll 2/3rd down
May 28, 2006
To Our Stockholders:
WHAT: Our Special Meeting of Stockholders
WHEN: June 12, 2006 at 8:30 a.m.
WHERE: 190 N. Canon Drive
Suite 420
Beverly Hills, CA 90210
WHY: At this meeting, you will be asked to:
(1) Authorize an amendment to the Corporation’s articles of incorporation to effect a 1-1000 reverse split of the common share capital of the corporation, which, upon filing of the amendment, will reduce every one thousand shares of common stock to one share of common stock.
(2)
I agree, hard to imagine this going any lower. Nearly 005 in April with about the same amount of o/s. A little spark of interest and we can make some easy $$$ off the momo imo.
Dilution is always such an evil word. Although if the company uses it to pay people and companies to get thier product off the ground and actually complete thier business plan without petering out like the other 98% of penny stocks, then dilution is necessary if you can not get financial backing. Did SIRI not dilute? I'm sure they didn't have over 1.3 billion o/s when they started up. It takes money to make money, and I don't think dilution is going to affect us in the long run. I just posted the share info, because it was more recent than the Ibox. We will prosper. :)
yeah dated 5-08-06 on http://www.stockinformationsystems.com/c/atwt/investors.html
Share Information
Authorized 200,000,000
Outstanding 155,547,021
144 Restricted 58,147,021
In Float 107,400,000
Updated by CEO on 5/8/06
Few more in float, I'd say that may be holding us down a tad?
Great buying opportunity on EQBM today.
Yeah, I have a nice chunk of funds clearing tomorrow. I'll be closing in on a million soon. ATWEC has just about bought all my shares for me, I've sold half at 007 2 different times and have been able to load up again near the 004 range, I'm looking forward to this again in the coming days. So keep whacking away, and I may have 2 million before you know it. LOL
Not saying you are whacking, just a general statement to the bidwhackers :)
From 10QSB--
State the number of shares outstanding of each of the issuer's classes of common equity. As of May 22, 2006 - 244,903,758 shares of common stock.
Not bad IMO.
you mean a 2 million whack.em
they are 2nd @ 004 with 6 others
Someone is definately unloading.
Definately a bargain. Lets hope it pans out like everyone thinks it will.
All new bottoms today, across the board!
The way the market is, you might get more @ 003.
I completely agree.
YAAAAAAAWWWWWWWWWWWNNNNNNNNNN
I like this one long term, as long as they don't dilute big profits will come. Thier business is already established from what I can tell, so only up from here imo
It is definately on sale. Glad I waited a couple days to buy, I was ready to fork out .025 or more to get in.
SPOC 012 x 015 may be getting busy again.
UBAL holding yesterday's gains,very small float, moves fast.
http://www.favored.tv
http://www.favoredgrain.com
management does what is in thier best interest, they could care less about the shareholder...that is a funny statement.
Thats pretty sad, do you always kick a mna when he is down? if that isn't a personal attack, I don't know what is. I'll knock the company, but not the poor shareholders who just got the shaft.
DKGR 015x2 0155x2
but they still can, nothing says they can't
One of the very few penny stocks I would not lose any sleep over as long term hold. I will add @ 004 or under every time. This is going places IMO. When is the last time you had to work with the government or an insurance company to resolve an issue? They are so bureaucratic. Imagine what Atwec must be dealing with.
Since this does involve life and death situations, I think you will need to excercise a good amount of patience.
Thats not the tick I wanted to see.
it is done.em
LOL, looks like classic sell on news. No way I was paying .03 for XKEM, however I thought it would at least run a little :)
Classic sell on news.
Just a little? LOL I want my shares back :) O well, profit is profit.