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So much for the "power hour" being a thud....a total of 15 trades amounting to about $5000 for the entire day....looks like that $34.5k was well spent on IRP's......next time bring coffee and donuts for more interest....
LOL...dusting off news from 3 months ago to hype this turd....
Three more Prettie Girls! -- Kimani, who is African; Dahlia, who is South Asian; and Alexie, who is Caucasian -- will be available this fall - hmmm.... I guess fall is not over until Dec. 21 (still waiting on Alexie).
Factually, you are incorrect. There have been a grand total of 4 trades for 210,000 shares (less than $1000) - with only one trade to the buy side - that is why it is down 10%, and the bid is dropped to $0.0035, near the 52 week low.
OWOO DD - between April 29 and 30 there was a tremendous uptick in promotional IRP posts regarding OWOO stating comments such as the stock was poised for a break out, and lots of other positive comments.
This historical note shows that the investor awareness program resulted in the stock price beginning at $0.09/share and within 2 weeks it lost 83% of its value down to $0.015.
The Company is currently in the 30 day period to no longer be on the OTC QB reporting status - if the stock remains below $0.01, it will be on the Pink Sheets within a couple weeks.
Unless of course, we see another 1:750 reverse split.....tis the season to be giving.....
pained - as mentioned on an earlier post, this is about selling shares, not the dolls. But if you wish to tie the financial performance of the company with doll sales, here is something to consider. Quality Stocks has stated their latest investor awareness program for OWOO has cost the company $37,500. From the most recent quarterly report, the gross margin, after cost of sales, is about $4 per doll. So just to pay for this most recent promotional effort, the company must sell about 9375 dolls. Putting that into perspective, the total gross sales margin since inception of this company has only been $12,365 - yet the operating expenses over just the last 2 quarters has been over $3 million - this does not include paying down interest expense or other convertible debt. Even with the most optimistic selling out of the alleged 75,000 doll inventory for Christmas, the hole that OWOO has dug for itself is daunting to say the least.
DOMK not on these lists for a reverse split:
http://www.nasdaq.com/markets/upcoming-splits.aspx
http://www.otcbb.com/asp/dailylist_detail.asp?d=11/06/2014&mkt_ctg=OTCBB
..she is gonna run soon...blah, blah, blah....we have been hearing this same tired tune for over a month - this company is flat lined at par value and there is another 2.8 billion coming up for convertible notes next week. How exactly is it "gonna run soon" without revenues and delinquent (Wazzamba licensing agreement) bills to pay??
xeen - the product has little to nothing to do with the stock price. This is about selling shares to cover a huge G&A, ongoing interest expense and convertible debentures. The dismal financials are so overwhelmingly stacked against success, I cannot begin to understand how you can gloss over them so casually. Do the math on how many dolls one would need to sell just to cover the overhead. This is not a personal vendetta on the Company, just a sobering statement of the facts.
FYI - OWOO is in danger of being degraded to the dreaded Pink Sheets by the end of this month without trading back above $0.01: http://www.otcmarkets.com/marketplaces/otcqb
Just these lawsuits for tax evasion, forgery, theft, breach of contract, and credit card debt: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100510113
More importantly, where is this nurse Donna, who lives in a really modest house, getting all this cash?
Analyzing the filings for Donna Harvey:
Since 9/22/14, she as acquired 11.2 million shares for $111k at a weighted average price of $.0099/share. At the current (as of this posting) price of $0.0051/share, she has lost (on paper) almost half of her investment.
This does not include the 4.6 million additional shares she purchased prior to 9/22/14 (when she became a >10% holder). In a best case scenario, if she had taken advantage of the (relatively) low prices during the month of August and September, she probably would have bought in at an average price of about $0.0125/share. Based on this assumption, she would have vested about $58k on those 4.6 million shares and would currently be sitting at a loss of about $34k.
In summary here is her estimated position in OWOO:
Initial Investment = about $169k
Current value = about $81k
Loss in value = $88k (or about 52% since August)
Fast becoming one of the feeble few.....
FYI - Wallace Browne is the son in law to Kathleen Delaney. Wallace is married to Kathleen's daughter, Deborah Delaney Browne.
FYI....Trent and Sarah Daniel/Elizabeth Melton/Imagine International Tax Evasion suit updated on 10/20/14 for a scheduled trial date on 2/6/15.
On a related note to the old CTXE and BDFE relationship: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107817062
Scambler - now officially a felon:
http://www.oscn.net/applications/oscn/GetCaseInformation.asp?submitted=true&viewtype=caseGeneral&casemasterID=2967265&db=Oklahoma
HENDERSON: DEFT APPEARS ON BOND WITH COUNSEL, JEFF BLACK. STATE BY WOLF. DEFT ENTERS BLIND PLEA OF NO CONTEST. UPON ARGUMENT, DEFT IS SENTENCED TO 5 YR DEFERRED SENT W/ 5 WEEKENDS TO DO @ CO. JAIL, $100 FINE (CT.1), $45 VCA, CTS. 1,2; TEN DAYS DEFERRED SENT, CT.3; CTS RUN CC. WEEKENDS ARE CONSECUTIVE AND START 11-14-14. SUPERVISED BY P&P. DEFT TO PAY $850 RESTITUTION IN FULL BY 11-04-14. DEFT TO COMPLETE 100 HRS COMM SERV BY 08-01-15 (CAN BE AT SHINE). DEFT TO PAY ADDITIONAL MONTHLY DA 991C FEE. $150 DNA FEE. COSTS DUE INSTANTER. BOND EXONERATED
I think you are onto something.....perhaps that is why the Alexie doll is nowhere to be found - they are probably trying out new prototypes to remodel her to cash in on the Ebola craze...
https://img0.etsystatic.com/036/1/8084974/il_340x270.638573942_p1d0.jpg
http://media-cache-ak0.pinimg.com/236x/31/91/5f/31915fd1ba7299c6338c6588cc4a0097.jpg
http://cheerstuffnmore.com/uploads/3/2/5/9/3259522/196116_orig.jpg
can't bid below par value....?
...and Sears: http://www.sears.com/search=prettie%20girls&Prettie%20Girls!?filter=Brand&catalogId=12605&previousSort=ORIGINAL_SORT_ORDER&viewItems=50&storeId=10153
dollgenie.com is the only one that carries two of the three missing dolls...Alexia still MIA: https://www.dollgenie.com/index.php?collection=35
....funny how every retailer has the "must have" dolls "on sale".
HEB practically giving them away at $14.99....
Good point....there is a $55,000 convertible note coming due on Nov. 12 that would convert to 2.2 billion shares. There is another $32,500 that comes due on Nov. 14 that would convert to another 668 million shares....yikes!
No shares - just checking in
ducduc1 - sorry for the delinquent response...my thoughts:
Pro's:
1. The stock has been sitting at par value for over a month - there does not appear to be any downside, unless we see a reverse split and/or delisting.
2. Next quarterly statement may show the results of a renegotiated deal with Wazzamba for the delinquent payments on the licensing.
3. Next quarterly statement may start to show the results of the net sharing agreement
Con's:
1. The stock has been sitting at par value for over a month - there does not appear to be any upside due to convertible note holders having a seemmingly unlimited supply of shares to unload at par value - the non-stop spamming on this board of cheer leading about bid slapping and encouraging volume is just a ruse to bring in more bag holders (as evidence by the stock price not moving) - simply a bunch of churning with no substance behind it.
2. Next quarterly statement may show no results of the ongoing delinquency of the payments for the licensing.
3. Next quarterly statement may show no results and continued expenses for the overhead/G&A/more convertible notes.
I have no doubt that Wazzamba wants this to be a success. The issue is whether DOMK can come up with a measely $225k to finish paying for the licensing. Seems to me if the revenue target is at least $500k in Net Commissions, that they should not have any problem getting financing. Clearly what is a few billion more shares in convertibles going to make a difference at this price range in order to lock in the deal? Why is it taking DOMK so long to get the funding? There are plenty of toxic financiers out there (Asher, et al) to "get 'er done".
It has now been 7 months and two quarterly statements since the initial partial payment was done and they appear to still be delinquent.
McPatrick – the terms of the agreement are that DOMK would receive 50% of the Net Commissions, therefore, cut your estimated revenues in half. Also, please note that your statement that “DoMark has the NORTH AMERICAN rights to monitizer101” is not a sure thing. For the 2nd quarterly report in a row, the Company continues to be delinquent in their licensing payments. It is also unknown if the Company will generate the $500k in Net Commissions by Jan 31, 2015 to retain their rights (if any exist).
During the three months ended February 28, 2014, the Company executed a Licensing Agreement with Wazzamba SA (the “Licensor”). The agreement provides the Company an exclusive license to use certain technology (which permits third-party subscribers to integrate a fully equipped online shop into their websites) in Canada and the United States for an initial term ending July 31, 2015. The agreement provides for the Company to pay the Licensor “Flat Fee” compensation of $ 300,000 in 3 installments of $100,000 each (first installment payable within 5 days of the signing of the agreement, second installment payable on July 1, 2014, and third installment payable on February 1, 2015) plus “Revenue Share” compensation equal to 50% of Net Commissions generated by the Company payable monthly. In the event that the Company does not generate $500,000 in Net Commissions by January 31, 2015, the Licensor has the right to cancel the agreement with one month notice (in which case the third $100,000 installment will no longer be due). With respect to an Extended License Term after July 31, 2015, the agreement provides the Company a right of first refusal to match any offer received by the Licensor from a third party.
On March 27, 2014, the Company paid $25,000 of the first $100,000 “Flat Fee” installment due the Licensor under the agreement. The other $75,000 due is presently past due. [in addition to the July 1 past due payment]
The other 3 dolls are not available on ToysRUs, Wayfair, Sears, HEB, or Doll Genie. Doll Genie is the only one that actually advertises these other 3 dolls, but states that they are "out of stock" - Trent may wish to dig some more inventory out of the basement to replenish this important distributor: https://www.dollgenie.com/index.php?collection=35
Regarding the official OWOO website, they state that these three dolls are "coming soon" (scroll over "The Dolls": http://oneworlddolls.com/ ). Which is interesting since the Dahlia and Kamini dolls are actually shown for sale - so much for the grand introduction at ToyFair 2015....
One more interesting note - Alexia is noticeably not shown...http://shopowdolls.com/collections/the-prettie-girls-dolls
The official (delayed) release for the other 3 dolls was announced on twitter to be September 2014 (see July 9 twits): https://twitter.com/oneworlddolls .
Quality Stocks posted that the yet again "official" release of these 3 new dolls will be at ToyFair 2015 (February) - just in time for the 2014 Christmas....er....2015 Easter Doll season!
nolly - have you read the financials? The $800k is not a new order - it is simply refinancing the existing debt with yet another round of convertible debentures.
Regarding "several millions orders are ready to deliver" - the stated inventory ramp up is only 75,000 dolls. Here is a more realistic view of the financial prospects: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106596904
Sorry to burst your bubble, but the only way this company will be $0.15-$0.25 by December is another reverse split.
Kathleen Delaney, legal counsel for TAYO, is involved with a number of SEC suspended companies. She has set up control of this company thru an offshore Panamanian account called LOZELLS ENTERPRISES, CORP. to hide the identity of who the beneficial owner really is.
Extreme caution is advised on this one.
http://www.otcmarkets.com/research/service-provider/Kathleen-M.-Delaney-Attorney-at-Law?id=5817&b=n&filterOn=3
Ah...to see $0.02 again...thanks for the walk down the not so distant memory lane....
QS - just for clarity, you state "...at Toy Fair 2015 [Feb 2015], where OWOO will unveil the full line Prettie Girls! dolls." - does this mean that the full line of dolls will NOT be available for the 2014 Christmas season?
This appears to be in direct conflict with Trent's earlier statement in March where he stated "....are preparing for the rollout of three new Prettie Girls! dolls to hit retail shelves and online distributors in time for the Christmas 2014 buying season" - http://finance.yahoo.com/news/one-world-holdings-receives-500k-131500526.html
QS - isn't this just a regurgitation of your last "press" release?
Glad to hear you have positively confirmed that the "company is on-track to consolidate and eliminate several large convertible notes this quarter as a result of the partnership, totaling over $415k and putting the company within striking distance of their 2014 goal of reducing total debt by 50%." - the next quarterly statement will explicitly show if you are telling the truth or not.
Expected results:
1. Existing $415k in convertible debt will be consolidated (i.e. reconverted to a new note) or eliminated (i.e. reduced to zero). As of the last quarterly report there were 67 "existing" debentures totalling $1,736,226 - so the results that are expected will be to see if debentures number 1-67 will be eliminated or consolidated into new debentures to the down to a level of at least $1,321,226..
2. Reducing debt by 50% - the company seems a bit more vague here as to what they consider "debt". Is it the $14.4 million of "accumulated deficit", the "derivative liability" which is $1.9 million, the "long term debt" which is only $10k, or is it just the outstanding debentures at $1.7 million?? Either way, we have a number of measurement tools to determine how successful they will be in reducing any of these numbers by 50%.
QS - so what is the true sales goal of the company? From your glossy online brochure, it states:
....The One World Doll Project goal is to capture at least 2.5% (264,000) of the market within its first year...
Yet, in your latest post, that figure appears significantly smaller:
....In anticipation of the 2014 holiday season, One World has already placed a significantly larger production order to bring the Prettie Girls! inventory levels up 75,000 units.
Even with the more optimistic sales figures reaching up to 264k units, with an average gross margin of 30% on $24.99 each, you are looking at almost $2 million in gross margin during the first year. Not so good when you consider the company had a working capital deficit of $4.5 million and an operating expense burn rate of $2.5 million per quarter, $1.6 million in convertible notes, $0.8 million interest expense per quarter, a new $0.8 million loan subsequently announced, and the imminent delisting to the Pink Sheets within a month due to going sub-penny....not exactly a rosy picture is it?
Interesting article on Asher: http://www.securitieslawyer101.com/2014/finra-blacklists-kurt-cramer/
I guess when they reach par value there is not much left to say.....
Take a left at the trailer park at the end of the bunny trail (the one with a Prius out front)....the doll warehouse is in the basement next to the brimming piggy bank with the $117 in cash stashed away with the happy meal vouchers....http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001445866-14-001016%2Etxt&FilePath=%5C2014%5C08%5C14%5C&CoName=ONE+WORLD+HOLDINGS%2C+INC%2E&FormType=10-Q&RcvdDate=8%2F14%2F2014&pdf=
Jaxon Group is signed off by John Morrissey. John is either the son or nephew of Cynthia (Cindy) Morrissey. Cindy is the sister of Kathleen (Morrissey) Delaney - all in the family as they say....wonder how Eddie Austin Jr. will tie into all this....certainly has all the earmarks of the family personal ATM machine - getting stock at a 50% discount....
The statement that DOMK purchased the rights to the Monetizer101 is not entirely accurate. As of the most recent 10K filing, the Company is past due on the required payments for the licensing rights:
During the three months ended February 28, 2014, the Company executed a Licensing Agreement with Wazzamba SA (the “Licensor”). The agreement provides the Company an exclusive license to use certain technology (which permits third-party subscribers to integrate a fully equipped online shop into their websites) in Canada and the United States for an initial term ending July 31, 2015. The agreement provides for the Company to pay the Licensor “Flat Fee” compensation of $ 300,000 in 3 installments of $100,000 each (first installment payable within 5 days of the signing of the agreement, second installment payable on July 1, 2014, and third installment payable on February 1, 2015) plus “Revenue Share” compensation equal to 50% of Net Commissions generated by the Company payable monthly. In the event that the Company does not generate $500,000 in Net Commissions by January 31, 2015, the Licensor has the right to cancel the agreement with one month notice (in which case the third $100,000 installment will no longer be due). With respect to an Extended License Term after July 31, 2015, the agreement provides the Company a right of first refusal to match any offer received by the Licensor from a third party.
At February 28, 2014, the Company recorded this Licensing Agreement and the related “Flat Fee” liability as an intangible asset and liability in the amount of $300,000. In the three months ended May 31, 2014, the Company paid $75,075 of the first $100,000 “Flat Fee” installment due the Licensor under the agreement. The other $24,925 due is presently past due. The Company is currently in negotiations with the Licensor to have its rights pursuant to the Licensing Agreement converted into an equity interest in a new entity to be owned by both the Company and the Licensor. The new entity would have worldwide rights to Licensor’s technology now entitled “Monetizer 101”.