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Thanks to all that called yesterday. If only for piece of mind, I'd like to see a PR soon. Did anyone, by chance, ask about the changes within the company?
Anyone else got a nasty taste in their mouth?
Ugh.
Thanks for the update Chevy.
Chevy,
I'm not sure we can imply that there has been changes in management simply because they are no longer listed on the website. They made numerous changes to the website, including the removal of information on how to obtain the warrants, so without confirmation, I'd chock it up to normal house cleaning. Obviously, I would make this one of your top questions for David tomorrow.
Perhaps they meant "next" next week? :)
What would give you THAT idea????
The biggest frustration for me right now, aside from the current PPS, is the lack of communication from management. It has been a month since the last "official" PR, information pertaining to warrants and management was recently removed from the website, and the last "known" update was on July 24th.
C'mon Nashville Records, what the hell is going on here?
I realize that there are bumps in the road when starting a business, but we went from multiple PR's/month to complete silence. Surely, they must have made some progress somewhere!!!
I'm long, but this silence is killing me and I needed to vent.
jagz,
They've kept it under wraps, and the date hasn't been released yet. I'm sure we'll see a PR as soon as they know for sure.
-bin
Hint:
Take a peek at the Ibox. Mansfield/Brooks connection is well known, and no, it does not mean he is no longer with NR (again, refer to IBox or check www.nashvillerecords.com)
Morning everyone.
I've been on vacation for the last two weeks, and I'm a little saddened to see that we have received no updates regarding the warrants. I was told by David that the website was going to be updated with additional information the week I left. However, I now see they've removed the warrant information all together. What gives?
On the big boards, yes. On the pinks, price is determined by momo.
I bought another 20,000 at the ask earlier, however, the last sale never moved off of .019. So frustrating.
FWIW, my total is up to 154,000
I'll be surprised if we don't hear something this week regarding the injunctions.
I talked to him on Friday, but I really don't see a need to contact him everyday. If you have a specific question, just give him a ring.
The company has already ID'd who is selling shares into the open market. They have also identified how they plan to stop it. They're just waiting for whatever needs to be done legally to get it done. I'm sure this is just as frustrating for them as it is for us. They are shareholders too.
Like I said earlier, there are likely two reasons for the declining price: 504-D shares and short-sighted investors. The 504 shares will hopefully stop once the injunction is filed. Short-sighted investors will be a problem until this thing is off the Pinks. JMO
n2bugs, you're right, folks should contact Dave and ask him what's up. I did, and I got answers to my satisfaction. Regardless of what happens here, injunction or not, I'm in for the long haul. Sure, you may still get a chance to buy this stock lower, but I expect the PPS to be trading multiple times higher by this time next year, and I certainly don't see it trading any lower than the .01 warrant price. JMO
I was able to get ahold of Dave DiRicco Friday afternoon to ask a few questions. I asked questions pertaining to 504-D and warrants. We both agreed that "someone" is selling, and it is very possible that 504-D shares are still hitting the market. Lawyers are working hard to get the injunction in place to stop the selling, although he didn't state a time frame. He did say that people are buying the stock up, so I think as soon as these shares stop hitting the market, we may be able to gain some headway. I kind of wish I had asked how many current shareholders there are, but I'll save that for my next call (if someone is on the horn today, can you find out and post?). Also, keep your eyes peeled on the website this week for additional information regarding the warrants.
Lastly, if you have ANY questions at all, give Dave a call. He is very friendly, and it was extremely refreshing to get my questions answered by someone "in the know."
I've averaged down at every opportunity to do so, and this is still the biggest pig in my portfolio right now. Now that being said, I believe the recent price deterioration is based on two things:
1) 504-D shares are still hitting the market
2) Short-sighted investors are jumping ship
I just tried to call Dave to get answers to some questions, but noone picked up (I'll try again later), so I can't confirm or deny the above.
I originally became a shareholder in Nashville Records to take advantage of a short squeeze. I wasn't planning on holding this for more than two weeks. However, since I now have a vested interest, I was forced to start reading through PR's and bulletin board posts in order to get a feel for where my money was going. I am extremely impressed with the management selected to run this company, and I feel this is something completely unique on the Pink Sheets. However, we need to get off this blasted exchange ASAP, and I believe management knows that. I think this is going to be a very exciting year for those with the guts to stick this out.
Has anyone talked to Dave today?
You're right. Maybe it's time for you to sell
Boost me up to 134,000 shares Chevy.
FWIW, I'm at the maximum I'm willing to put into this for the long term. These shares ride until at least next year at this time.
I'm amazed at how little patience the investing community has these days. Not everything moves as fast as bulletin board rumors in the real world. There's no need for an update PR. They've already given investors the information they need to know. Everyone just needs to relax, seriously.
Sheesh...
Anyone else want to dump and give me some at these prices? Just put my second order of the day in.
Anyone else nervous about it being Friday the 13th? :D
I asked Jane these questions at the end of May. She responded:
"Estimated potential future stock price: by September 2007 - 0.30$; by the end of the year - 1$ based on newly Audited Financial Statement and recent and future developments of the Company."
.25 in less than 2 months is pretty aggressive, especially seeing as how we haven't received any updates on the supposed deals ending in 2 months. Asking her again may not be a bad idea.
What was said? was a post deleted?
And spunky :)
In this inverview, she mentions John Rich as a producer for her new album. I wonder if Nashville Records will be behind this album, and if John Rich is affiliated with them somehow?
http://www.myfoxhouston.com/myfox/pages/Home/Detail;jsessionid=E0BCEFC72804064E0D3D3B3C98208CD7?cont...
http://www.americanidol.com/contestants/season2/kimberly_caldwell/
"If you don't make it on AMERICAN IDOL, what will you do?"
"I will be famous."
Let's hope so!!!
Can someone post Time and Sales please? I hit the ask earlier, but I don't think it showed up
cat,
Thanks for the response (I can't PM any longer).
Are we also supposed to be receiving additional information on obtaining the warrants this week? Has anyone started this process yet, or are we supposed to wait until "after" this Friday?
Not directly, but indirectly I suppose there may be a large benefit. It probably depends on the specifics of the deal. We're speculating it is for increased exposure, and of course, that can't hurt.
Where did you learn that we were supposed to hear this today?
It was private NWOG
This is the point I was trying to make earlier
Careful, this would indicate to me that noone else wants to buy at these levels. You guys either need to hit the ask, or we need some news to get the PPS moving North
"On the 7th of July 2007 in the conference-hall of Baltchug hotel, Moscow, the Partnership Agreement on the establishment of a joint venture on the territory of the Russian Federation was signed between JSC “NORTH-WEST OIL GROUP” AND “AL WASEET INTERNATIONAL” (the leading advertising group in the Middle East). According to the plan, initial copies are going to be issued until the end of the year 2007."
Copies of what? Does anyone understand what the agreement was for? Al Waseet is a very large outfit, but I'm missing the connection.
OT: Does Jane ever smile? :)
That was uncalled for. You shouldn't belittle anyone who is willing to go the extra step to verify information. Good job jaep!
Got the rest of my shares from my order this morning. I'm up to 90,000 shares.
FWIW, I'm quickly falling in love with this stock. God help me. ;)
I got a partial fill this morning at .028.
Chevy, my total holdings are now up to 80,840 shares (8,340 additional this morning)
Can someone explain to me how this isn't insider information? Congrats to all the longs, regardless!
Let's hope so!