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The most important thing to remember is that PVEC is not a company. It is just a stock.
Does anyone have an idea how many total shares are outstanding?
It would seem to me that the company needs every penny it can get to exist and hopefully actually make a real announcement that is not about something happening in the future.
How would anyone know that the company bought back stock?
Does anyone know if the "management" of this company goes to woek everyday to attempt to actually create a real movie company.
DO WE HAVE A COMPANY HERE OR JUST A STOCK?
I don't understand why people waste their time bad mouthing a stock selling at .001. Why not find a stock selling at a few pennies where there is money to be made or saved by getting out.
Most likely many of the shorts are long the recent warrants that were issued in an underwriting
To those lucky people who sold out at higher prices....move on....get a life!
What ever happened to the horror film they signed up? There is nothing that they could do that would hurt the situation more than they have already done.
Not JUST out of money but clearly to access to money!!!!
April 20...April 20...April 20.....OOPS no September.What producer in his or her right mind would give this company a movie to distribute after this mess?????
I think that the company is out of money. The only negative comments on the board have been the company's disregard for its shareholders and the apparent issuing of cheap shares. With the stock under .005 let's look at the possibility that these recent deals are needed because the company does not have funds.
1. A year ago they asnnounced a proposed $1 million financing. Was that ever completed?
2. Las year Ed was interviewed in a magazine I had becer heard of and stated a $30 million fund for funding distribution. Any proof of that anywhere.
3. THe announced a relationship with this LA law firm. Was there any definitive explanation of the amount or type of funding made available to SEGI?
So after the cheap stock sellers knocked the stock down here holders looking to escape with a little of there money are selling.
GOOD LUCK to all of us.
We can be certain that the company's printing press sold shares at a substantial discount from the existing markets, probably under .005. That is why there can be such pressure at what is clearly low compared to any open market purchases. I hope they do a better job with movies than they have done with their shares. ONLY REMAINING HOPE....If they do not succeed with their movies they have put an awful lot of work in for very little reward. They would have been better off working at Burger King.
IS THAT A MILLION SHARES AT .075??? GOOD LUCK !!!
Just when we all are petrified to buy more shares is often the right time to buy.
Well....It looks like the sellers reaped the grand total of $6,000 or so. They can't take much of a vacation on that.
Looking at level two now is a scary sight. As bad as it looks this is often what the bottom of a move looks like. NO BIDS and PLENTY of offerings.
It's no news that they have totally disregarded the shareholders. What do they gain by that? They hurt themselves most of all. Do they forget that they are also shareholders?
It appears that once again the company's printing press of shares has been working overtime. No one who bought shares in the open market would choose this particular time to unload so aggressively.
If there ever was a stock less promoted or touted than this one I would be very surprised.
which house of cards???
Why would anybody lie about his position in this loser.
19,408,923 AND NOT VERY PROIUD OF IT !!!!!!!!
Charts on these penny stocks are as useful as a second nose !!!
NOBODY who bought shares in the open market is selling aggressively at these levels with the first movie soon to be released. The company share printing press is working overtime.
My major hope for the shares is that managemnt has not cashed in for very much money. They are in the same boat as the rest of the shareholders. The boat appears to have a leak in it right now, but in order for them to make significant money the stock NEEDS to appreciate.
It is important to realize how few dollars trade daily, a million shaes equal less than $10,000. The problem with the stock is that most of the long term holders are full up and son't need or want more shares. We need new playerswith fresh money.
I don't know who is keeping count of the shares held by board mrmbers, but I am embarrassed to say that I am probably the largest holder.
It appears the company's share printing press is at work here.
The seller(s) see that there is NO LIQUIDITY right now and is sitting back until liquidity reappears IMO
there is NO good news with this action. I strongly believe that the printing press of new shares has been working overtime. It would appear foolish for large holders who bought in the open parket to choose THIS time to sell so aggressively.
i don't know if you all saw it but there were 3 million at .012 for a few seconds after the .012 buds got hit. they could be hiding behind nite's 5M share offering.
I THINK MORE LIKELY SOME MORE STOCK HAS BEEN FREED UP AND THE SELLER JUST WANTS OUT. IN THE END THE TRUTH WILL OUT BUT IN THE MEANTIME IT IS DISTURBING THAT THEY SEEM TO HAVE A STOCK PRINTING PRESS RUNNING. imo
I was referring to a HIGH BROW British film with limited appeal to the younger generation. In that genre it was an exception !!
The Kings Speech was the exception that proves the rule. It was a once in a lifetime success for picture of this type. Let's hope that our film does a small fraction of that gross.
It appears that the aggressive seller may be done (maybe not). The next task is to eat through the offerings of the traders who paid about a penny and are happy for a nice 2 to 3 cent profit. Since it seems that the total market value is less than $2 million, we need not be concerned about how much selling has taken place. We just need some reasonably good films and the truth will out (as it always does).
Is there time to buy WAHUQ and get to vote? Anyone?
Just bot a million at .0101. Where are the rest of you wimps?
I would bet that these sellers are not holders who bought stock in the open market. These are shares that have been freed up from a cost basis way below where this stock has ever traded. No other holder would be this aggressive with the recent and hopeful future news.
Good news followed by aggressive selling is a very disturbing
situation.
ENOUGH ROOTING ALREADY!!!!!
This board was the example of what a message board should be before the decision. It is now a typical rooting board. Most of us (inculding me) tooka pretty good hit on this one, but we will live to fight another day. PLEASE tone down the rooting . Thanks.
It is disappointing that on the first trading day of the new year there was a seller of a million shares on the bid. These volumes more often happen at the end of the year. The one consolation is that regardless of how many shares hit the market, if the company produces even modestly we have a big winner!!!!!!