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It never gets old! LOL
Yes, definitely some small ventures happening. When you're talking oil they can add up in value quickly. Didn't know about the loan for financing, any word on how soon?
I followed this stock for more than six months before investing in it. I checked on the # of shares periodically but I haven't checked in over a month, maybe two. If the TA won't release that info now I feel there has to be a reason, perhaps Norris is raising the O/S or A/S in order to get the financing he needs.
The "Bread and Butter" statement comes from Foster. He told me they have small operations going on to raise operating funds which they don't PR because they don't want the companys/people they are working with to be inundated with phone calls.
I will try to call tomorrow and get some answers.
JJtruthmatters- Stocks are not supposed to be like gambling. Gambling has a limited pot of money and wealth is simply redistributed. Stocks should be an investment. An investment has the potential to grow and make money without anyone losing anything. Did you know that there is more money i.e. value in the stock market then there is money that has been printed? How can this be if money is simply redistributed? It's not, the value of enough stocks has grown far beyond the original investments so that the stock market as a whole has more value than all the printed money in the US. How else does a guy back in the 1950's invest $50,000 and end up with $900 Million without ever selling a single share? The stock market is a growing, value producing entity.
Having said all that I think there are stocks that are a gamble. BHUB is a good example of a gamble, "Will it be like BCIT?" "Can I get my money out before the SEC steps in?" BHUB was a gambling risk. Some people won, others lost. BCIT appears to have been an even bigger gamble and a better example.
SPNI is an investment. Yes there is risk as with any investment but this is a calculated risk. The company has a good management team and it appears that they have a good plan. They have a real product and if everything goes well everyone who has invested in this even those that bought in at the worst possible time will still make money. And the people they sell to will invest in the future of this company and hold for a while and when they sell it they should still make money. And so on and so forth.
Look for the stocks that have real value. If you must play savior then go after the real scams. Plenty of them out there, if you want I'll PM you my list.
Dmbao, I doubt the float is growing. The stock PPS fell from Jan - Mid March due to people selling off because the company did not come out with the AF's like they said. Those still holding have either talked to the company directly or with each other and accept the company's explanation and reassurances.
I posted on March 15th that I had taken a small position here, among my reasons were the fact that I thought this stock had bottomed. If you look back the stock hit .017 on I believe March 13th. Since then it has climbed upward with normal growth tracebacks. We now sit at well over 100% gain since we hit bottom and all this without any PR or News. It takes twice as much buying as opposed to selling to drive the price up. Highly unlikely the float is growing, looks more like it's been shrinking.
What we have seen this past month is more of the older investors adding and an influx of new investors who see the potential of this company and are willing to invest in it. Oil plays are doing well right now and people are seeing the potential of investing in companies within US territory. KING's potential is enormous, well beyond some of these other plays that are trading higher right now. Our PPS of .03-.05 is small and our marketcap is small compaired to other company's with less potential. Right now KING is a steal.
By the way, I've been adding.
Great job Penny TA! I've been researching the management of SPNI/DEP and I'm amazed at the high quality and experience they have. This company will achieve what they've set out to do. Nasdaq, here we come.
The quality of the management team speaks volumes. The fact that they won't dilute and they won't fall into a financing trap has attracted a strong group of investors who aren't easily scared. I'm willing to wait for the right financing to get the big projects going right. When the AF's do come out I think we'll be surprised how much the small "bread and butter" wells have been bringing in.
I made a mistake! I called Jonathan Fink our new CEO, he is not. Mr. Fink used to be the CEO and is still with DEP. He's the one I got transferred to when I asked for Investor Relations. Our new CEO is Robert W. Bell.
Still, Jonathan Fink's credentials are impressive. I'm sure the company has used his experience to help dot all the i's and cross all the t's.
Our new CEO Bio:
Jonathan Fink - Executive Committee and Corporate Representative from the largest investor, Diversified Entertainment Properties.
Prior to joining Diversified Entertainment and Bonus Mobile, Jonathan Fink served as President of Corporate Resource Group, Inc., a consulting firm specializing in developing strategies for small and mid-market high growth companies. Mr. Fink successfully partnered in numerous companies in strategic planning and the development of strategic financing relationships and initiatives in strategic development, media, entertainment, direct marketing, and finance.
Mr. Fink's experience includes direct acquisitions, mergers, and reorganizations for a wide variety of clients ranging from entertainment, media, public utilities, manufacturing, environmental, biotechnology, financial, education, food service, and publishing. He is also adept at coordinating all corporate activities, interacting with the company's legal and accounting representatives, management of income markets, mortgage banking projects, and equity and debt financing transactions, and coordinating trading activities and information processing.
Prior to founding Corporate Resource Group, Mr. Fink spent 20 years with major Wall Street firms (Morgan Stanley Dean Witter and Bear Stearns), Mr. Fink knows both the buying and selling side of the financial community . He was Managing Director of a boutique investment brokerage operation and of Select Capital Management an investment advisory firm. From 1977 to 1988, Mr. Fink was an Associate Director and Limited Partner of Bear Stearns and Co. From 1969 to 1977, he was an Associate Vice President, Assistant Office Manager, and Senior Institutional Fixed Income Salesman for Dean Witter and Co. in Southern California.
Division info:
Tripletake New Distribution Company
Submitted by MapTheWay on August 18, 2004 - 7:32pm.
US TV veterans do tripletake
In the US, distribution exec David Wollos, veteran producer Al Lowenheim and creative executive David Hamby have teamed up to form a new distribution company.
Under the banner of TripleTake Media, the three will be representing a variety of properties to the television and licensing industries.
The company will have offices in New York, Los Angeles and San Diego and is co-owned by Diversified Entertainment Properties.
Triple Take is kicking off its operations by focusing on the children and family arena, where the company will target books, unpublished manuscripts and branded products to turn them into television shows and licensing and retail properties.
"A full-service entertainment partner and packager for content creators and owners, TripleTake serves as brand-builder and marketer, development executive and producer, licensing representative and retail distribution liaison for its kids and family-based brands," said Lowenheim. "Our objective is to transform the budding properties into fully-realized brands.
While Wollos previously headed up David Wollos Company (TDWC) and founded Entertainment Media Consultants (EMC), Lowenheim partnered David Hamby to form DoubleTake Productions.
Hey autoprt, It's getting closer to May, price looks good. People will start to accumulate soon. It'll be nice when the company cleans up everything and comes out looking brand new. Hope they have some new products or JV's to go with all the work they're doing. Got any projections on when they will announce things?
I believe the puchase was made in the form of shares. That's why so many people are confused. This is a merger of two companies and a lot had to be worked out as to who owned what percentage of the company. The fact that DEP ends up with 94% is significant, it shows how much they are bringing to the table.
Yes, they need to be forthright with the financials. If they are indeed merging together then the financials will show both DEP and Sports Alumni past earnings/losses. That is why the financials are so critical to me. If they are playing word games and not really merging then the financials should show that too. I know certain filings with the SEC would also show it but since the company brought up the financials and told me up through 2005 are done and they're working on the rest then that's what I'm looking for.
Not refering to you but to some posters here and other blogs it's funny how as soon as the PPS goes down people start claiming scam or fraud. If it goes up then they disappear.
I'm comfortable with this stock because of the DD I've done. Some of the findings I've posted here but I've also made phone calls and talked to a lot of people trying to figure out this company's potential. The fluctuations this past week in the PPS don't bother me because I believe this company will be going big-time.
Everyone has their own standards and level of comfort. My stake is big enough that I'll make out good should it take off but it won't devistate me if this turns bad. Pennyland is always high risk/reward.
I think we're getting hung up on terminologies. A reverse merger is when a private company goes into a shell company, one with no operations or business. When that happens the board and CEO of the shell sign the agreements and then step down.
Here you have a publically traded company merging with a private one. The head of DEP will become the CEO, the head of Sports Alumni will become the President. The new company will be called Comedia. Sports Alumni will become a division of Comedia and the various divisions of DEP will become divisions of Comedia. Dep was much bigger than Sports Alumni and making a profit so they end up with 94% of the pie. Sports Alumni ends up with 3% and there's 3% left in the float. Only 6% of the company will be free trading for the next year.
What's most important to me now is the financials. The PPS post merger will depend on how well they've been doing as well as the future potential. I'm betting PPS of $5-10 short term is very reasonable.
I expect those in the know will try to buy as cheaply as possible but as the buying pressure mounts the price will rise. If there's enough people with a true understanding of this company's potential (friends and family of insiders) buying as much as they can we could achieve $5 PPS without any extra push from the company. If mutual funds start looking at it that would be another big push. I won't mind waiting for the uplisting for the real payout. The big question now is "How profitable are we?" That will determine a lot.
I just saw you beat my post on the number of shares for uplisting. Definitely not a coincidence. Think I need to buy more before the R/S.
The more I look into this stock the more I like what I'm seeing. Every detail has been thought out. These guys have been in business for years and know what they are doing. Can't wait to see the AF's, this things going to be a monster!
Also please note:
Listing Requirements for All Companies Rule 4420
Each company must have a minimum of 1.1 million publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. The minimum bid price of the stock upon listing must be at least $5. Each listing firm is also required to follow Nasdaq Corporate Governance rules 4350, 4351 and 4360. Companies must also have at least 400 shareholders. A shareholder is defined by Nasdaq as a holder of over 100 shares.
I know there are ways of uplisting at $3 PPS (AMEX maybe?) but with a float of 600,000 a $5 PPS isn't that unreasonable.
This part of the requirements caught my eye:
Listing Requirements for All Companies Rule 4420
Each company must have a minimum of 1.1 million publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. The minimum bid price of the stock upon listing must be at least $5. Each listing firm is also required to follow Nasdaq Corporate Governance rules 4350, 4351 and 4360. Companies must also have at least 400 shareholders. A shareholder is defined by Nasdaq as a holder of over 100 shares.
Interesting how there are 1.2 Million publically traded, unrestricted shares right now. I know everyone is focused on the 600,000 float but it is important to note that the company has planned for what it needs to uplist.
Nasdaq rules for listing:
Listing Requirements for All Companies Rule 4420
Each company must have a minimum of 1.1 million publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. The minimum bid price of the stock upon listing must be at least $5. Each listing firm is also required to follow Nasdaq Corporate Governance rules 4350, 4351 and 4360. Companies must also have at least 400 shareholders. A shareholder is defined by Nasdaq as a holder of over 100 shares.
Requirement Rule 4420 (a)
The company must have a minimum shareholder equity of $15 million. The operating income from either the last fiscal year, or two of the last three years, must total a minimum of $1 million. The company must have a minimum of three market makers that will provide liquidity to the trading of their stock. The market value of the publicly-held shares upon trading must be worth at least $8 million.
Requirement Rule 4420 (b)
The company must have a minimum shareholder equity of $30 million. The market value of the shares traded must be at least $18 million upon listing. The company also has to have a minimum operating history of two years. It is also required to have three market makers. What can be seen here is that if a company did not earn enough to meet the operating income minimum, they need to have greater shareholder equity and a larger market value.
Requirement Rule 4420 (c)
Under this requirement companies must have at least $75 million in total assets, total revenue, or listed securities. Listed securities as defined by the Nasdaq are securities listed on either a Nasdaq or another national exchange. The market value of the shares upon listing must be worth at least $20 million. They are also required to add an additional market maker for a total of four market makers.
So if a company wants to uplist to the NASDAQ it has three ways to do it. Which way depends on the company and how it is structured and how profitable it is.
And even more Triple Take info:
HIT WRITER AND PRODUCER MELISSA GOULD JOINS TRIPLETAKE MEDIA AND SURPRISE BAG, INC. TO MAKE THE FASHION ANGELS “CAMERA-READY”
Industry Talent Signs On to Bring the “FASHION ANGELS” To Life For Tween Audience on the Small Screen
New York/Los Angeles -- TripleTake Media and Surprise Bag, Inc. recently signed award winning writer and producer Melissa Gould to co-write the pilot script and serve as Co-Executive Producer and Head Writer of the FASHION ANGELS live-action TV series.
Gould’s bankable experience with TV hits Lizzie McGuire, Party of Five and Beverly Hills 90210 will help her bring the FASHION ANGELS to life for tween audiences to enjoy on the small screen. Gould will work closely with Surprise Bag’s Frank Saperstein, who serves as Executive Producer, in the co-development and co-writing of the FASHION ANGELS TV concept.
TripleTake Media, a company specializing in entertainment brand development and a division of Los Angeles-based Diversified Entertainment Properties, Inc., Surprise Bag, Inc. and Fashion Angel Enterprises created the co-venture to launch Fashion Angel Enterprises’ successful girls fashion franchise FASHION ANGELS into all areas of media and licensing. Gould said she is excited to be part of the FASHION ANGELS team, and feels confident their show will be the next hit to add to her string of blockbusters. “I wouldn’t be doing it if I didn’t see the potential,” Gould said. “This is kind of fun for me because it’s designing a show with an entire product line and built-in fans already, whereas usually I help create a show, and then when it catches on, the merchandise follows.”
As a lifestyle brand for tween girls, THE FASHION ANGELS is a group of four girlfriend characters Bebe, Debo, Izzy and Lulu who love creating fashion and having fun. At the core of the product line are the elaborate fashion design kits that contain a FASHION ANGELS doll, glitter, ribbons, sequins, glue and puffy stickers that girls use to design their own wardrobes. FASHION ANGELS also offers an extensive line of quality products, ranging from plush dolls, doll playsets, doll wigs and sketch books to make-it-your-own telephones, jewelry and shoes. The FASHION ANGELS lines have been chronicled by nearly every major national teen, tween and parenting magazine. FASHION ANGELS products can be found in over 3,000 specialty and high-end retailers, including Nordstrom, FAO Schwarz, Harrod’s and Barney’s.
“We’re extremely delighted to have someone with Melissa Gould’s talent and experience join us as we move the FASHION ANGELS from merchandising to media,” said David Wollos, a principal of TripleTake Media. Wollos explained that Gould will help create the TV pilot that follows the FASHION ANGELS characters as they enter the High School of Visual Arts in New York City.
Gould noted that FASHION ANGELS creators Mark and Goldi Miller and Myra Mouloudji have given Gould and Saperstein a fair amount of creative license to “run with the story line.”
“We have some wonderful comedic stories and strong relatable real life situations that resonate with our audience in their everyday lives, some randomness, all of which ring true to the iPod generation,” said Saperstein.
FASHION ANGELS is a trend setter for the current youth market and the TV show will appeal to our tween/teen audience’s ability to multi-task across all media platforms, said Wollos. “Now thanks to our partnership with Melissa, this highly visible lifestyle brand will come to life with positive values and self images for young girls and women in the fun, stylish and high energy environment of fashion.”
About Surprise Bag, Inc./Frank Saperstein
Surprise Bag, Inc. of Los Angeles was formed in 1996 by noted producer-director Frank Saperstein to develop and produce original family entertainment for television and film. Under the Surprise Bag banner, the company has worked on various projects with VH1, MTV Networks, Klasky Csupo, PASI (Philippine Animation Studio, Inc.), Raintree Pictures and Matinee Entertainment. Frank’s awards and credits include “BOB & MARGARET,” winner of Best Primetime Series at World Animation Celebration, "KAMPUNG BOY,” winner of Special Prize for Best Television Series at the Annecy Film Festival, "WAR BABIES,” winner of the Silver Plaque at The Chicago Television Festival and a Primetime EMMY nomination for Best Animated series for Nickelodeon's "REN AND STIMPY" show.
About Fashion Angel Enterprises
Established in 1998, the Milwaukee-based Fashion Angel Enterprises designs and manufactures tween girls’ products. The company has earned a reputation for its products made of the highest quality materials, with components that include glass, metal and ceramic beads from artisans throughout the world. On the heels of its forays into pet fashion accessories, women’s accessories and a complete jewelry line FASHION ANGELS represents an expansion of the company into the broader fashion categories, FASHION ANGELS products can be found in over 3,000 specialty and high-end retailers, including Nordstrom, FAO Schwarz and Barney’s.
About TripleTake Media
Since its formation in 2004, New York-based TripleTake Media has emerged as one of the most prolific media development and brand-building companies in the industry. Headed up by business development executive David Wollos, business affairs executive Al Lowenheim and creative executive David Hamby, TripleTake Media has amassed an extensive development slate of recognized entertainment and media properties in sports, kids/family, fiction and drama. TripleTake Media is co-owned by Los Angeles-based Diversified Entertainment Properties, Inc. (DEP), which is the corporate parent to companies and divisions involved in television, film, music, publishing, retail distribution and direct marketing.
More info on Triple Take:
TripleTake Media and Image In Media Inc., have joined together to develop, finance, produce, distribute and market TripleTake's controlled entertainment properties. Under the agreement, Image In Media will finance and produce a minimum of 3 TripleTake projects per year. Image In Media will also be actively involved with TripleTake in content packaging, distribution and management services. TripleTake Media, a division of Diversified Entertainment Properties, Inc.
And More:
TripleTake Media, a company specializing in global entertainment brand development and a division of Los Angeles-based Diversified Ent. Properties Inc., and Steel River Prods., an independent children’s multi-media production company, have established a joint venture to develop and co-produce an animated series based on Steel River’s original preschool property GOING TOPSY-TURVY.
This comic animated series for preschoolers stars Pip and Giggle who live in the village of Wimsy, where everything is upside down and turned around. It’s a place where one finds the peach trees are sprouting socks, the birds are bellowing ‘Moo!’ and people are walking on their hand. It’s up to these preschoolers to set things right, with the interactive help of the show’s young viewers who will laughingly point out where things are amiss.
TripleTake Media and Steel River Prods. will co-develop and produce GOING TOPSY-TURVY as an animated series, with TripleTake representing the property for worldwide licensing and merchandising.
“GOING TOPSY-TURVY is a natural for preschoolers worldwide,” said David Wollos, a principal of TripleTake Media and head of the company’s distribution operations. “Filled with zany fun certain to captivate children everywhere, GOING TOPSY-TURVY will turn the world of preschool entertainment on its ear!”
“We are pleased that the principals of TripleTake, along with the executives of Diversified Entertainment Properties, have demonstrated their total commitment to building GOING TOPSY-TURVY into a significant global brand,” said Brett Pierce, partner at Steel River Prods. “In creating GOING TOPSY-TURVY, we wanted to design a truly convergent, multi-media experience for kids that uses humor and imagination in new and offbeat ways. The philosophy of the show is, ‘Use your imagination, Change the world.’ We look forward to working alongside TripleTake and Diversified as we bring GOING TOPSY-TURVY into the global marketplace.”
Established in 1989, Maine-based Steel River Prods. (www.steelriverproductions.com)develops, creates and consults on the production of media for kids and young adults. The company specializes in programming that entertains and engages viewers, from preschoolers to teens, in thoughtful, imaginative and stimulating ways. Pierce served as a senior exec in creative development for Sesame Workshop as well as a senior producer in its International Television Group, prior to co-forming Steel River with Kerry Michaels. Michael is a writer/producer and developer of children and adult educational media for more than 20 years with credits that include the award-winning documentary, RIVER OF STEEL, Hearst Ent.'s FAMILY EDITION, the animated pre-school special, TEDDY P. BRAINS and the PBS series, TRAILSIDE.
Since its formation in 2004, TripleTake Media (www.tripletake.com) has quickly emerged as a prolific media development and brand-building company. Headed up by business development exec Wollos, business affairs exec Al Lowenheim and creative exec David Hamby, TripleTake Media has amassed an extensive development slate of recognized entertainment and media properties in sports, kids/family, fiction and drama. TripleTake Media is co-owned by Los Angeles-based Diversified Entertainment Properties Inc. (DEP), which is the corporate parent to companies and divisions involved in television, film, music, publishing, retail distribution and direct marketing.
Information on Triple Take, a division of DEP:
With the goal of building solid kids entertainment brands that can play in multiple media streams, a triple threat of top execs have come together under the wing of media conglomerate Diversified Entertainment Properties Group to form TripleTake Media. Hitting the market with several new properties in tow, the company plans to source original content including books, unpublished manuscripts and branded toy products for concepts that have the potential to be TV series, direct-to-videos and consumer products programs.
The new company is helmed by head of business development David Wollos (former president of the David Wollos Company and a founding partner of Entertainment Media Consultants) and DoubleTake Productions' two principles Al Lowenheim and David Hamby, who will respectively serve as head of business affairs and head of creative affairs.
With offices in L.A. and New York, TripleTake's MO is to turn properties into fully realized brands both domestically and internationally by finding the right production and licensing partners. The group will take on six to 10 projects a year, helping to shape scripts and bibles, and offering seed financing through Beverly Hills, California-based Diversified. "We would bring to the table a portion of the pre-production costs, and could possibly help in the distribution arena," says Wollos.
TripleTake's initial slate of projects is as varied as a good salad bar, and the company wants to keep it that way. One of the first properties the partners will be shopping around is Pen Dragon, a fantasy graphic novel and script treatment from first-time screenwriter Chris Canole that TripleTake plans to turn into a live-action film or TV series. Pen Dragon is about a teenager who inherits Leonardo DaVinci's drawing tools, which bring to life whatever they sketch.
The company will also rep a number of books and graphic novels coming out of ibooks and Komikwerks, including soccer star Mia Hamm's September release Winners Never Quit and the Dragonkin trilogy by Robin Wayne Bailey. Wendy Rouillard's preschool book series Barnaby, published by Scholastic, is in the market for a production partner to help it transform into an animated series. And rounding out TripleTake's portfolio is a line of pet care products called Crazy Pets, which targets kid and retails in mass pet care chains like PETsMART. TripleTake is helping the brand create an interactive DVD for 2005, as well as actively shopping for a prodco to work on an animated series.
The mobile game potential of each property the company takes on will also be seriously considered since TripleTake has a co-development agreement with game developer Bonus Mobile.
Quick Search
Information on Bonus Mobile, partly owned by DEP:
Management Team
Bonus Mobile’s management team is comprised of veterans from the video gaming, entertainment, technology, and finance industries. Collectively, they possess a unique combination of content development experience and marketing prowess in the consumer gaming and entertainment sectors. Bonus Mobile is also affiliated with, and partly owned by, Diversified Entertainment Properties, Inc. (“DEP”), a group of entertainment-focused entities based in Los Angeles, California. This affiliation with DEP, which is led by several veteran entertainment executives, provides the Company with access to numerous cross-marketing and licensing opportunities over a broad range of entertainment genres and media, including movies, sports, music, and television. Bonus Mobile plans to merge its carefully crafted mobile content and distribution methodology with compelling promotional, co-branding, and licensing arrangements.
The Company’s management team is comprised of veterans from the video gaming, entertainment, animation and film industries. Collectively, they possess a unique combination of gaming development experience and marketing prowess in the consumer gaming and entertainment sectors. The following is a brief description of the Company’s key operating personnel.
Al Lowenheim, Chief Operating Officer – Mr. Lowenheim has over 29 years of media management and production, and business development experience. Mr. Lowenheim is an award-winning producer and director of animated and interactive media products. Having studied with Martin Scorsese at New York University, he began his career by forming his own animation company, where he produced animated TV commercials and EMMY and PEABODY award-winning network TV shows. Mr. Lowenheim was the recipient of the prestigious Cannes Silver Medal Film Award for animation and produced the SHAMU feature film for Sea World.
At the Lightspan Partnership (now Plato Learning), Mr. Lowenheim built and managed a 90-person design and production team. There he guided the production of over 120 CD-ROM interactive educational software titles for the Sony Playstation. With Doubletake Productions, he was most notable responsible for the international deal to expand the world-famous brand Slinky® toy property to today’s kids via animated feature films, TV series, and worldwide marketing, licensing, and publishing.
At Bonus Mobile, Mr. Lowenheim is in charge of company operations, business affairs, and deal structuring. He was responsible for structuring and negotiating the Wayans Brothers The Dozens TM and the Topps Trading Cards license deals for mobile phone games and the exclusive mastertone license with Cheech & Chong.
Alan Grushcow – General Manager
Mr. Grushcow is responsible for integrating the financial and operations side of Bonus Mobile’s daily activities. As General Manager he is overseeing the deliverables and coordinating the financial relationships with our channels of distribution and licensors.
Mr. Grushcow has spent his entire career in the management, sales and implementation of technology systems development. His experience includes executive and finance management, sales force development, and technical systems design and implementation. He has worked extensively in a consultative and entrepreneurial environment.
Mr. Grushcow was co-founder and president of CG Computer Services Corporation (CG) from 1983 until its acquisition by Computer Horizons Corporation in 1997. CG provided information technology consulting services to the Fortune 500 business community, operating from offices strategically located across the country. His responsibilities included executive management, corporate and branch office P&L accountability, and the development of a corporate culture focused on quality and client satisfaction.
Prior to launching CG, Mr. Grushcow served from 1977 until 1983 as Vice President and Area Manager for the Southern California office of LTI Consulting Services. He was responsible for all facets of area operations including client sales, employee staffing, project completion and office profitability. From 1972 until 1977, Mr. Grushcow was Director of Projects for Programming Methods and managed the development of numerous applications systems projects. From 1964 until 1972, he worked on a variety of government, military and commercial projects for Sperry Rand/UNIVAC as a Field Engineer and for Planning Research Corporation as a Senior Associate. He has at various points in his career called Minneapolis, Washington DC, New York City and currently Los Angeles, home.
Mr. Grushcow is currently on the board or management committee of several large nonprofit organizations in the Los Angeles area. His primary focus is on budgeting as well as financial and personnel operations. Mr. Grushcow earned his BSEE from Purdue University in 1964.
Jonathan Fink - Executive Committee and Corporate Representative from the largest investor, Diversified Entertainment Properties.
Prior to joining Diversified Entertainment and Bonus Mobile, Jonathan Fink served as President of Corporate Resource Group, Inc., a consulting firm specializing in developing strategies for small and mid-market high growth companies. Mr. Fink successfully partnered in numerous companies in strategic planning and the development of strategic financing relationships and initiatives in strategic development, media, entertainment, direct marketing, and finance.
Mr. Fink’s experience includes direct acquisitions, mergers, and reorganizations for a wide variety of clients ranging from entertainment, media, public utilities, manufacturing, environmental, biotechnology, financial, education, food service, and publishing. He is also adept at coordinating all corporate activities, interacting with the company’s legal and accounting representatives, management of income markets, mortgage banking projects, and equity and debt financing transactions, and coordinating trading activities and information processing.
Prior to founding Corporate Resource Group, Mr. Fink spent 20 years with major Wall Street firms (Morgan Stanley Dean Witter and Bear Stearns), Mr. Fink knows both the buying and selling side of the financial community . He was Managing Director of a boutique investment brokerage operation and of Select Capital Management an investment advisory firm. From 1977 to 1988, Mr. Fink was an Associate Director and Limited Partner of Bear Stearns and Co. From 1969 to 1977, he was an Associate Vice President, Assistant Office Manager, and Senior Institutional Fixed Income Salesman for Dean Witter and Co. in Southern California.
Elias Chavando - Vice President, Business Development.
Mr. Chavando is leading the Company’s international business development operations with a special focus on the Hispanic community in the US and Latin America. Mr. Chavando has more than 15 years of successful Media, Hispanic Media, Management, Business Development and Sales experience both in the United States and Latin America.
Mr. Chavando launched Radio Formula Network, a wholly owned US subsidiary of Mexico’s Grupo Formula (Radio Formula, Tele Formula and Formula Online). He served as President of Radio Formula Network and Director of Business Development and sales for Grupo Formula.
Mr. Chavando created and served as President and CEO of ChitChat Media, now Radiovisa Corporation, the largest Spanish-language talk radio network in the US. During his tenure at Radiovisa he raised over $75 million in debt and private equity and acquired radio station KPLS 830AM in Los Angeles.
Mr. Chavando has secured US and worldwide deals with and for companies like; AOL, Bank of America, Alpine PCS, Nokia, Shell, Microsoft, Thinkfree.com, Mobiliti, Carulla-Vivero (Colombia), Unefon (cellular carrier in Mexico) Pro-Mark, Fulfillment Plus and many others.
About Diversified Entertainment Properties Inc.:
Diversified Entertainment is dynamic market-driven enterprise providing funding, marketing and management expertise to its subsidiaries and affiliates. Diversified Entertainment is focused on identifying and creating new Media and Entertainment properties. Management is focused on creating valuable products and services based on performing assets and built upon unique licenses and branding, monetized by application of the company’s marketing and distribution skills. The Company’s products include producing and publishing audiobooks, music, video and wireless content. The Company also is a direct distributor of consumer product to the major national retail chains.
Fairly certain someone said ten days from the last PR. No where near that yet. I'll try to call next week to get more information on when the R/S takes place.
Last two Fridays have been very good. It looks like someone is slowly accumulating during the week and then grabbing what shares they can at the end in anticipation of something happening over the weekend. Almost any sign of life would send this stock .06+ easy. Maybe Monday morning we'll get a PR.
That'll be $1.68 after R/S. The guy I talked to at DEP said they are trying to uplist within six months and are completing the AF's to do that. That means $3-$5 PPS to uplist. I'll bet you see your money and then some.
Very nice rebound.
Trading pattern looks like someone(s) know something's up and they're trying to accumulate as much as possible without alerting others.
I'm still putting together the big picture but DEP is everywhere. Music, books, all types of entertainment, I even found a thing about getting an award for a board game but I'm still gathering info an that.
I knew we had a winner here. When you look at the management and what they've accomplished so far it's easy to see that this is going to be big. They were private for years but going public will get them the recognition they need to really grow. When you look at other entertainment/sports companies it's easy to see how this stock could easily be $10 PPS real soon.
Found this on a Music CD:
"PARTY DRESS"
Performed by After Midnight Project
Under License From Diversified Music Group,
A Unit of Diversified Entertainment Properties, Inc.
Written by Jason Evigan and Greg Evigan
Published by Publishing Designee of Jason Evigan
DEP has been around awhile. This is from an article in 2004.
Diversified Entertainment, Joel Margulies Form The Margulies Agency
Aug 25, 2004 7:01 PM Sponsored Content
Diversified Entertainment, Inc. and direct marketing executive Joel Margulies have launched The Margulies Agency, a full-service strategic marketing and branding company.
Margulies is establishing The Margulies Agency after serving as a principal and partner with Transactional Marketing Partners (TMP), a relationship marketing organization that serves the electronic retailing industry. Margulies founded TMP in 1996.
The Margulies Agency will be based in the Los Angeles headquarters of Diversified Entertainment. Diversified Entertainment Properties, Inc. is a holding company for a group of entertainment-focused companies.
Some DEP info, a deal they have with Luck Media and Marketing run by Edge Management.
The financial and creative resources brought to Edge by Diversified Entertainment Properties is helping create some incredible new branding opportunities for founding Beach Boys member Al Jardine, who recently signed an exclusive booking deal with Wayne Forte's Entourage Talent Associates in New York. Edge is currently developing an animated feature film based on his popular 2005 children's book “Sloop John B: A Pirate's Tale.” The book, which was illustrated by noted artist Jimmy Pickering, is a highly acclaimed, fun-filled pirate adventure for children based on the classic folk song.
Edge is also negotiating branding opportunities with various national lifestyle product companies. These endeavors draw upon his identity with his legendary band to create a branding presence for Jardine for a whole new generation.
The "sell in May and go away" was common before the 90's and then went out of vogue with all the increases in the market during that time. Last year the market took a good dip in May and everyone was saying this strategy of cleaning up the books before summer was back but there is no real evidence that this is what happened. It will be interesting to see what happens this year.
I agree that even if this is the case it doesn't apply to micros. Too much going on.
Yes, I talked to them yesterday they are actively pursuing uplisting and we should have a PR soon.
Has it occurred to anyone that with the float soon to be 600,000 the company could easily support the price up to the $3-$5 PPS needed to uplist? They wouldn't have to do it all at once, start buying at $1 get all they can then bump it up to $1.25, $1.50 and so on until they have the PPS where they want it.
I'll buy yours as soon as I'm through with all these cheapies!
If the company was a scam or just a stinky pinky it would be bad. So many flippers have gotten used to the idea that a reverse split is the death of a stock, especially in pinkyland. There are plenty of examples of R/S reviving a company especially if it means they go to or stay on a higher exchange.
This company has a tons of potential. The problem now is it's a good investment not a good flip. Still might see some good spikes on the PR's but a lot of people were thinking they'd hold it three days max and move on. Now they either hold longer or sell for a loss for most of them.
This company will be profitable even for people who bought on Monday very soon. But the real money here will be when they go to a higher exchange. I saw OLAB go from $2 to $8 in two days when it went NSC. It has since been bought out. I also remember BDCO going from $2.15 to $8 in about two weeks on positive news. Not all multibaggers are in pinkyland.
Chuckermfla
My best wishes for a speedy recovery.
When I asked him about money and profitability he said all that information would be in the upcoming PR's.