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Let me explain to you how party promotion works.
Paul publishes a free magazine called IMAGE. It's comprised of a bunch of pictures that photographers take at clubs. Take enough pictures of people that regularly go to clubs and wanna see themselves in the magazine and you have a following. Get the email addresses of these people and now you have a mailing list. Now, solicit clubs that you have a captive audience with a mailing list that want to see their pictures and recognize the IMAGE name and, voila!!!!....youve become a party promoter!
Lets continue. Now that you are a promoter, you can say to the club, "hey club. i have 1000 people that may or may not come to your event, but if I tell them that Im hosting a party here, they will come...and so that you can keep track, they will say my name at the door as a reference. in exchange, give me a cut of the bar proceeds and some free bottles of champagne. thanks!!!"
you get the picture.
What you need to understand is that when they are promoting whatever events, they arent the only promoters out there. for the mexico and the chicago new years parties, they are one of tens of promoters promoting the same party. kinda like sales people at the mall...they are hundreds of them and they all have the hook up. they just wanna be standing at the right place at the right time when you decide to buy that pair of jeans. here, paul wants you to buy the entry ticket from him, rather than the other promoter so he can get his $20 commission.
so at the end of the clubbing night, after Pauly has had his free drinks, the club owner hands him his cut of the cash (hint: it's not in the millions) and they repeat it the next weekend.
Of course theres no substance....you tell me....what substance is there to be had by any of that?
Yes, and the due diligence is our knowledge of this stupidity.
Okay, let me take this full circle for you.
Thank you for explaining the core business to me. I obviously knew that, but really, you just proved my point.
ACGX has been touting potentials of 20M in revenue, but every time financials come out, all of the assets are comprised of AR and good will. Taking the PRs into consideration, what have they done that has shown to make any money? Yes, STL is *kinda* successful, but again, their success is contingent of their ability to make money for their clients. Has this happened on any kind of scale yet? Watertower surgery? United fuel? Zarbees? Sleepy drink?
All I see are a bunch of "joint ventures." heck, anyone can sign a joint venture. I can go into almost any fledgling business and ask if i can have an independent contract to split profits if I make them but just because I have such a deal with Microsoft does NOT mean that I am making Microsoft level money.
My point with the whole partying thing is that that's all that we see. The parties actually happen and are the only tangible outcome that occur. So, couple that with the fact that the share structure is retarded, the "real" contracts are failures or fakes, and the fact that there is no transparency, if I want to make a joke about how Sorkin is partying it up with our money, I get to do so but don't sit here and tell me that the parties at any age group are promoting the company and are helping the overall ability to make $20M this year.
By the way, let me know what product ACGX is promoting at their Mexico new years party.
Please stick to common sense and the facts. It's not correct for liars on this board to say "you cant prove it, so youre wrong" when it's blatantly obvious that this is a scam.
It was a joke. My point was that throwing parties does not increase the core exposure of acgx.
I'm sure that when a bunch of drunk 22 year olds are at a party that came with a random email blast that image or whatever was promoting a club, the club kids are all like, "ACGX is a good buy and when I get out of here I'll be sure to buy some Zarbeez cough syrup, a car from chicago affordable cars, and some fuel from United fuel savers."
And remember, ACGX may make money on an initial marketing agreement, but they arent making millions on that. They have to be able to drive revenue which they havent been able to do with any of their agreements. I mean..most of their revenue is good will. lol
who are you kidding?
PRESS RELEASE!!!!!
ACGX in its neverending string of diversification has partnered with PartyMania! productions. PartyMania is a nationally known for being the premier host of some of the most exclusive nightlife venues in the world, including Le Pomme in Paris. PartyMania provides bottle service, security, and transportation to discerning guests at premium prices.
Paul Sorkin, CEO of ACGX said, "I am glad to have entered into this partnership. PartyMania is a respected leader in the industry, and I will personally ensure that all events go as planned. To be able to do this, I will spend lots of cash partying will the the VIPs and if I'm having fun, so are they. And if they are having fun, we (I) are making money."
This PR contains forward-looking statements that may or may not make you money, but it will make me money.
Paul Sorkin
I'm not sure that that's where it is. I forgot the location. It's in Mexico somewhere... Cozumel, maybe, but it's somewhere.
Awww, is anyone going to either of the IMAGE NYE parties? They are co-hosting one in Chicago and one in Puerto Vallarta, I think. Be sure to buy some shares. Paul needs to be poppin a magnum of Dom, at least.
Can I be an assistant, too? Someone needs to keep you guys in check.
just sayin'
Wow, you finally get it. All their "assets" are Goodwill and A/R.
And since when is buying a printer news?
Dude, you don't need my help here anymore. It was quite obvious after today.
I don't know Sorkin THAT well. I'm in the circle enough that I'm sitting next to him at parties, hang out with his friends, and they talk about what's going on. Basically, it's a show for you guys. they are making money, but that's about it.
half the time, though, they don't even get their money in good.
just look at all the junk that they PR about....Remz, Zarbeez, watertower, used cars, packaging out of st louis that has a chicago phone number???? what of those is going to hit 25 mil in revs?
also, they might hit 2mil in revs when releasing fins..but if their costs are 1.99 mil, what's the point?
sorry guys
Hey VC, why is your response to me deleted? I saw it. And,I've emailed Paul a number of times with "difficult" questions, but never got an answer. we all know why
And sure...you had a call with Paul and you talked about me, instead of why everyone else here is losing money. What a joke.
The emperor has no clothes!
I'm gonna run into Sorkin again this weekend on a boat party...He may be a douche, but at least I get to meet all the chicks that hang out.
Told you guys not to buy this...why do you still bother?
I'm pretty satisfied at the way this turned out. It's pretty obvious that I was right all along. Everyone has pretty much left, so there's really nobody to argue anymore. to the rest of you that are holding on.....dont.
see ya!
Hold on.....
I pointed that out 6 months ago.
duh
I like how the cavalry came back to back this play. Hi guys!!!
btw, i saw sorkin walking down the street on monday, right outside ivit hq.
i really wanted to say something
remember when i offered to call some of you to talk about this?
seeeeee told ya
i'll miss you guys!!!!!!!!!!!!
:(
Didnt I tell you that 6 months ago?....and what did you do? swear at me....
told ya so.
Hey guys...what's going on? Would you like to hear from me today? =)
LOL, I cant wait until Q2 shows a big goose egg. What a joke.
This was the same deal they had with WTS. Now what? downgraded...
Trust me...you'll laugh when you see this picture =)
The problem here is that IVIT is NOT Remz sleep....IVIT has a marketing contract. So, Remzz can make a billion dollars, and IVIT doesn't necessarily have anything to do with that.
On another note, on a random street corner here in chicago, there's an ad for Remz...I wonder if IVIT put it up....I should take a pic...it's pretty funny...
Oh okay. Pretty girl. I've met her. They still arent making 20M. lol
Where did you find Danielle?
All you have to do is read the last PR. Their relationship has been downgraded. They are no longer in charge of 5-tier management, like they said they were. Call their General manager and ask what IVIt's relationship is....you'll see...
Because they aren't really in the 15-20M range, duh.
Add to that the fact that the news that's releases isn't really substantive, and you have absolutely nothing.
Revenue up 2000%...who says that? A real PR says "we MADE $10mil. thanks for supporting us, now go to the bank!" ...but sorkin plays around with unclear language about stuff that may or may not exist.
their first miami nights party is tonight....$40 a ticket for open bar for an hour or so...maybe 200 people will buy tix....they cross-promote the thing with 10 other people....how is that a PR that makes you believe that this is a $15M company?
Seriously now, you guys think that that PR was a good one? It was carefully worded drivel that made things sound like all was good.
It's like when I once said that I got a 25% raise....it sounded cool, and all....ptoblem was, I only made $30K at the time.
dont tell me that you need me or someone to dissect it for you...
lol
Very good.
Now, people, if you remember all of my posts about Dr. paul madison, what were they about?....oh yes, all the lawsuits that are up against him. I think that i showed you $6M in judgements, right? You can only imagine what else is out there.
Now, let's run this out....if IVIT's deal with watertower is good, what makes you tihnk that IVIT will make any money with all the debt and controversy surrounding the place. Also, that document showed that WTsurgi was going to transfer ownership...HERE's THE MILLION DOLLAR QUESTION------if surgery changes ownership, what will happen to IVIT's contract? WILL THEY STILL BE IN LINE TO MAKE ANY MONEY, LET ALONG THE 15M that you think they are supposed to make, which was really WT's market cap, not IVIT's????
I don't get what's so hard to understand here....
Also, you need to ask yourselves what these "joint ventures" are.
here is an example of a joint venture....
you own a business that *could* use some marketing. you're stable and everything is great, but some more help would be fine.....so I come in and say, hey, let me market for you and help you out. if I make you money, so do I. If i dont, I get nothing.
So see, I could have a joint venture with Microsoft, who is worth 32947329084234893 billion dollars, but that doesn't mean anything. If i make MS 100 bucks, I add 10 bucks to my profits, If i make them a million, I make 150K, maybe. But my market cap is not MS' market cap.
Moral of the story is....just because I've inked a deal doesn't mean that I'm getting paid, especially if I dont work. As well, if the people that I'm inking a deal with are insolvent, what makes you think that you can make money by partnering with them?
get me?
Thank you for finally understanding. As well, look at it like this...
Some people say that I'm not here to help, but let's look at the situation. Everything that I've said has been correct. Now, if this thing was skyrocketing, then you could tell me to go to hell, but what's happened?....This thing has dipped, you get cryptic messages from Sorkin, and it's dilution-mania up in here...
Everyone here likes talking about this market cap of $20M.....HERE IS THE KEY QUESTION.....where is this supposed to come from? I already know the answer....it's not. Why? Because there isn't anything in place that make this possible. All of the PRs that have come out have been junk. Yes, they are agreements, but nothing that really produces any revenue. they sound cool, but that's about it.
The smart person would say to themselves..."gee, this dreamkiller guy lives in Chicago and knows stuff about IVIT....also, IVIT is sucking....maybe I should be his friend and listen?" But, some of you think that I have something personal about you and wanna bash me....that's not smart.
I'm going to an event this weekend and I think that Sorkin is gonna be there. I'm just trying to figure out how I should bring up the fact that this is a big joke. I know for a fact that they dont have anything going on that will net them 20M.
Really though, if you guys would just listen to what I'm trying to say, and ask the questions that I'm prompting you to ask, you would get the best DD in the world.
their image parties and stuff...which really, the co=promote with other people....there's no real ownership to those things.....like that miami nights thing....no one is making millions on any of that. it sounds cool, but that's about it.
look through all those PRs.....fuel cell, stl printing, sleepy drink, surgery place, affordable cars....you guys were talking about 15M in revenue....where was this supposed to come from? seriously...tell me. think about it and maybe it'll make sense.
Like I said, I'm at Starbucks, right outside their "office." You wanna speculate about stuff. I don't care about L2, o/s, blah blah....i already know that they aren't doing anything, so that's why I post. What do you want me to do? Steal their files and post them on here? It's like when I say that I'm outside the construction site and the workers aren't working....you either believe me or you dont...I don't have to prove anything, but the fact that I'm in their hometown and you're somewhere in internetland should make you think twice.
I'm sure that he wouldn't mind. He'll just print you out a cool million.
Like I said, I don't get why no one wants to listen to me. I live and party with these guys. they put their names behind cool parties, but aren't making jack.
No prob....question is....money maker for you...or for him?
Hey guys. What's up? I'm chillin at starbucks, right next to IVIT World headquarters. Want me to go ask Sorkin a question? Let me know and I'll post his answer....but then again, you guys don't believe me, anyway.
go ivit ready for a run power hour with news pr fins then boom!
HAHA
That's what I needed. Thanks for the correct number that's in that post you quoted. doc's number was not correct, as I said.
But really. Call and see what IVIT's involvement is. Please let me know as I will be calling as well.