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ya rca, another thing that is all it takes is some people calling up myspace telling them that this company is getting sued, is a bunch of fraudsters. so really, the shares they had to sell to pay that bill is directly the fault of whoever was harassing myspace over this.....
Molly at myspace.com sent us a screen capture of the ad, but cause its very keyword/demographic oriented, its hard as hell for a 40 year old guy with little interest in karaoke or performing shown in his myspace profile to bring up relevancy (ya, all the singles ads, harley davidson ads, etc showed up for me.... lol).
If anybody spots the ad, post a shot
website has been getting upgrades all weekend long, and watch for something more by tomorrow on the site.
zardiw, I totally agree that the websites being upgraded due to negative feedback. As shareholders, your job is to hold their feet to the fire. Chris and I both made it clear to ADCS today that website as it was was completely compromising the credibility of the project, that both of us were getting it from shareholders as well as SL residents and retailers. They listened, and they are acting on it. Please keep being the watchdogs you need to be. Were all making it better together.
On the plus side, ya, I pulled my friends list out last night and started IMing my FICish friends (FIC = Feted Inner Core, google it). Rebecca Vacano showed up and totally got the project, shes an incredibly sharp lady, makes a quarter million USD a year off her Platinum and Indulgence product lines in SL. She got the word out to the rest of the fashion retail community, and bam, by the time I woke up the mall was nearly filled.
Action for space was so hot my staff had to resolve a fight between retailers for space. Now thats the kind of problem I like to have in a business....
Holy schmoly batman.....
Litfuse Video is involved with Metaverse-tv.com (ACE:MBC)...
Beyers Sellers is the host of the Metanomics show on SLCN.tv. In RL he is Prof. Robert Bloomfield of Cornell's Johnson School of Accounting.
Its fairly simple: those getting killed are selling out when they should be holding.
I have been told there will be a PR monday on this..... stay tuned.
I dont know for sure, but its my impression they sold the 100 mil they planned on selling, the market sopped it up like a supershammy and is thin again and headed upward. The smart players know this gives the company capital they need to realize the plan and saw this as a chance to pick up cheap shares.
Nobody can say they got surprised, and the management is leaving the ta ungagged. Ya it would be nice to know more, but frankly given how much opponents of this stock have been harassing anybody involved, I dont blame them for keeping closed vested about it. I've dealt with the same problem in my business, letting out too much info to find out later that opponents used it to sabotage my business relationships. Sorry, learned that lesson.
I agree, and I think the fact Duane said they were going to issue more shows they are being up front about what they are doing as far as they can be. If they were out to rip people off, they'd have just dumped and not told anybody.
And ADCS has gone up by 100% on several occasions in the past month. So whats your point? Getting in at .002 and out at .004 you double your money, going from .002 to .001 you lose half your money. Gain is twice the loss.
They sold 100 million to raise $100,000. So question what they're doing with the money. Is it being put toward the business plan? If so, then good. Those who got in at a higher number have more to regain, but if the money is going to ensure the success of the venture, then its not a bad thing, cause eventually that investment will drive the share price very high when deals are announced.
The intelligent folks here see and understand that and will hold through til the project takes off. Take some ritalin and show some patience.
As for the flippers, day trading thrives on volatility, so what are you guys complaining about?
Lets do some risk analysis here:
Invest $100 at 0.001 = 100,000 shares
Downside risk of going to zero = potential loss of $100, loss of 100%
Upside risk of going to 0.01/share = potential profit of $900, profit of 1000%
Upside risk of going to 1.00/share = potential profit of $99,900, 100,000% profit.
The only point at which the downside risk equals the upside risk is the risk of a 0.001 stock hitting 0.002. The lower the price of any stock, the higher the resistance to greater decreases, all else being equal, and the harder for the downside risk to ever approach the upside.
Chances of going to zero under any circumstances are minimal, because any company going out of business will always sell the shell to some other new venture.
What I'm truly confused about is I hear people here saying all the time that the pinks are all scams. If that is so, what are you all doing here? Gluttons for punishment?
yeah, you can color me confused about the PR. Haven't seen Chris today, but I spent most of the day in town on errands, I'll catch up with him when he comes online.
I also found out today that someone at the party was IMing around to people claiming that "they", (whoever "they" is, not sure if the accuser meant me, or Chris, or ADCS) had already run off with the investors money (which is odd given the IPO is new, so I'm not sure of the context), looking to find out more about whoever was trying to disrupt the event with such stories.
If anybody else who was there got such IMs please let me know who it was. Thanks.
ACE board is BACK!
http://investorshub.advfn.com/boards/board.asp?board_id=12661
Want to thank Matt and the other admins for being open minded and willing to ignore how frustrated I was at what I perceived to be double standards. The ACE board is back, for discussing ACE and stocks listed on ACE, including VSTARR!!!
I agree that the company needs to get a move on and be more forthcoming as well. Like I said in an earlier post.
That said, theres such a thing as too much criticism. A mind shut clamped tight like a vise is as bad as one so open that their brains fall out.
ADCS does need to get deals done and get PRs out, and preferably have their sponsors put out PRs. We know one group associated with thirty tigers has posted about VStarr in their blog, and we know Wal-Mart manager at that music event in Illinois knew about Walmart and V Starr. Those have been verified by people here. We know Randy Travis' world premier was at VStarr. Thats also verified. These facts carry weight. After all, a PR is really just a PR, most PRs are fluff, and when people see them, they say, "hey, wheres the beef?" Right?
Right now were getting beef, no fluff. Its certainly something most people are not used to. Getting the mushroom treatment is par for the course in the pinks, not being shown the cow. Actions speak louder than words, tho rational folks are right to want to see some balance between the two.
Thank you very much Matt, I really appreciate your open mindedness here! This means a lot.
Exactly right rkor, if people cant figure out from last night whats going on, they dont deserve to make any money here.
a) you can shop there, you can buy an inworld money called L$ with USD, use those L$ to buy virtual products: clothes, hair, shoes, guitars, you name it, for your avatar. You can buy land in SL, buildings (homes, offices etc), cars, boats, planes, etc. all content created by the residents of SL. Many people earn their livings from their content creation or other businesses in SL.
b) Walmart would only get into this if there were very strong merchandizing opportunities here. The virtual rock star dress you buy at Walmart SL for an SL performance as a contest entrant, you may at some point be able to go buy an identical version at a RL Walmart.
The people who have been on this board a while are aware of my association with VStarr, and my virtual exchange, *name redacted*, and I hope have come to realize that when I say something is so that it is to the best of my knowledge. Could I be getting BS'd? Certainly possible.
Point is, I've got no pony in this race, and frankly, if y'all keep acting this way, I'm gonna just jump in and buy up whatever you dump in my lap and I'll laugh all the way to the bank. Thats up to you.
once again, as I posted earlier, I am not a shareholder in ADCS, nor am I an employee. I have provided consulting services to VStarr Corp and will be assisting them with their inworld marketing.
No, please dont put words in my mouth. I do not work for ADCS. It does appear to me that they know who they were talking with, but they have not told me nor would I be allowed to say if they chose to tell me in confidence. They only said I could release that they were execs from those two companies.
I'm not at liberty to say, only that they were from Walmart and Warner Brothers.
I agree. And as a bit of disclosure, I've not held any ADCS stock up to today, partly because of a desire to be seen as above the fray, but also cause so much of my business is in L$, not US, I only take money out of SL for things like the mortgage. Frankly economic growth remains so high in SL that its smarter for me to keep rolling my profits over there than to move it out to the 'real world' where things are hampered by regulations, taxes, and board mods.... However thats going to change today/tomorrow once I get an ACH from my bank acct to Scottrade.... Theres so little downside risk to this stock atm, it really cant go much lower, and lots of upside potential should the things that we've been hearing about come true. I'd be stupid to not take advantage of other peoples stupidity at this point.
Posted by: soupoftheday
In reply to: joenatural who wrote msg# 18584
Date:5/20/2008 9:58:43 AM
Post #of 18589
That would be cool if they put VStarr signs in every Wal-mart!
Yessss, my precious, he he, he he..... eggzellent...
um, oh yeah.... no comment....
based on volume already, todays total volume will easily exceed 24 million, if it doesn't bust out of the gate entirely.
I agree from a conservative standpoint, its fair to take that position.
On the other hand, spending the money to achieve that traffic IS part of the business plan, and part of stock trading is to have some expectation of future value based on the business plan being fulfilled. Between here and there, trading price gets handicapped based on public perception of the managements capacity and actual willingness to do whats necessary to fulfill the business plan.
I'm not sure, neither the inworld or real world marketing campaigns have launched yet, so I doubt very many, and as many have commented, the vstarr.com website needs some refining.
Plz be patient, the big signups will happen after the sponsors are fully signed on and cash is flowing to fund tv ads.
Yeah, I'd be happy to sit down with them and lead them through everything. I and my team are used to helping noobs acclimate to SL, lol thats what we did with Chris and Sarah last fall, now look at them!
130k a week, means 6.76 million over the course of a year. Remember folks, this contest is sposed to run a full year.
Lets say they get 15,000 contestants entering the contest a month. Each contestant is going to bring their friends and family, if they are already performers somewhere, they'll bring fans too, so lets say somewhere between 5-20 additional SL visitors for each contestant. That means a total of somewhere between 900,000 and 3.6 million total visitors over the course of a year. If the average visitor spends maybe 2-3 hours visiting, that means the one performance sim can handle 80 x 12 = 960 visitors a day. 960 x 365 = 350,400 a year to one sim is the max capacity for that sim in visitors per year at 2 hour visit average per visitor.
If VStarr cloned the four sim set 10 times, they would easily be able to handle the full peak expected demand.
The CSI:NY event was over one week. We've got a full year here. Gives us a lot more room to work with.
All I can do is compare market caps here. BNT Holdings as a whole is a lot bigger than many pink sheet sham companies that are here with their own boards. Thats no stick pony.
As was the ACE and the VSTARR boards.....
Thats where ACE and VSTARR both were, in the premium zone, and they both got nixed.
While you are doing that, please explain which real life stock exchange this stock trades on:
http://investorshub.advfn.com/boards/board.asp?board_id=1467
Once again, please dont conflate "virtual" with 'fictional' or "made up". Many businesses in SL support their owners and staffs real life livelihoods. There are over 50,000 people who make part or all of their real life living from various 'virtual' real estate or content creation businesses in SL.
At the end of the day, what defines 'real' is what lets you bring home the bacon, does it not? I pay my family's real life mortgage with my company's profits. Several members of my staff are disabled and unemployed, and the only money they CAN earn, they earn from my business.
So no, theres nothing 'made up' about this. Were talking cold hard cash at the end of the day, and we work damn hard for it. Frankly, I doubt theres a lot of pink sheets that can claim even that.
so what? theres thousand of stocks in this world that dont trade in the US or Canada. They still are permitted on the Foreign Market section, which is where I started the ACE board.
Now, theres plenty of boards on iHub that have absolutely nothing to do with Real Life traded stocks, so I dont see your point.
I actually proposed to Matt in a PM to make iHub the official board of our exchange, driving traffic here. Now if Matt wishes to sacrifice revenue from that (as well as my premium membership, which I can easily rescind), so be it, but he's then intentionally driving away revenue for the sake of some agenda...
You are conflating 'virtual' with 'fictional'. The currency of our exchange and second life in general, the L$, is freely fungible with USD on over a half dozen currency exchanges.
Ergo, the L$ is only 'fictional' in the sense that the USD is also 'fictional', i.e. fiat.
the parent company, BNT HOldings is publicly traded on the ACE exchange. 63 million shares total issue, about 26 million in public hands.
Thats one reason why we are no longer with them, they refused to take their own market seriously and lacked the ethics to manage an important emerging market without causing problems of corruption themselves.