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1) They can never run 30 million revenue in that facility. The highest figure was 10 million in 2003 under a different name. At that time, the disc price was 50% higher than now.
2) They still did not pay for the equipment that was acquired in April. Also,majority of these equipment still sit idle without installation in the warehouse next door. Some pieces sit in the back of the building. Therefore, they would not have the capital to buy new companies.
3) They do not have Microsoft or Intel . They may have made some Marcom Kit for these companies, and these jobs are outsourced from other printing facilities assembling the Marcom Kit.
4) All its equipment are older that ten years, and there are no service or part support. This facility will operates as long as there is no major broken part.
Please let everybody knows the detail of your visit
Nobody denies it is a real company,but you should ask questions that all of us concerns.We would really appreciate your trip.
1) Why does this company's license has been revoked by Philips and Sony ?
However, they still claim they have the license.
2) The progress of financial audit.
3) what equipment do they recently acquired so that the production capacity increased 100% ?
4) The condition, Year Model, Brand of the equipment etc.
5) How many employees do they have ? What is the break-even point or total expense etc?
6) What is the large order on the machine ?
Please let us know these info. Otherwise, it is meaningless to state that it is a real company.
If somebody can really go onsite for DD. The truth will come out crystal clear. Hopefully, all the interested buyers can have one representative living around Fremont to visit this place.It is a mess.According to insider, the movie orders are not from decent publishers.All the orders came from Porn Industry with prices under the manufacturing cost. However, the quantity is not significant as they announced. Just go there without advanced notice. Then, post the findings on this board.
News from The Industry Circle About Global publishing
EXMT Acquired Global Publishing. Then, a week before the acquisition, Global Publishing bought old equipment from a closed plant. All the equipments ranged from 1998 to 2004. Nothing is new, a lot of equipments are NOT in working condition. A down payment was made.Then, the balance was not paid. There will be legal action to follow according to the industry source.
Philips and Sony revoked Global Publishing DVD License in March 2012 for non-payment of royalty fee.Before this, Global Publishing license was revoked in 2011 and 2010, but this time was the longest. ( three month ) The industry source affirms that there is a large amount of settlement that can not be satisfied. No new agreement can be reached. Again, legal action may initiate by Philips and Sony.
Industry Circle believes this scam is the last gamble or recourse to gain financial leverage. More news will follow soon.
The News was not true.The 10,000,000 Disc Capacity was exaggerated. With the old and out of dated equipments, the cost is over $ 485,000. The current expense was over $ 500,000 per month. Wait for the audited report about their monthly expense.
Please read this article from U.S.A Today that tells investors how to tell weather the P.K is a scam or not.
Don't get carried away by Pink Sheets stock scams
By Matt Krantz, USA TODAY
If you've ever gotten an e-mail or fax tipping you off to "a hot stock that will double tomorrow," thought about buying it but passed, you can probably count your blessings.
More times than not, the unsolicited stock pitches are thinly disguised schemes to pump up the price of a stock that trades for a few cents a share — known as a penny stock — so the people hyping the stock can dump their shares to you and move on.
Many of these scams involve stocks that trade on the Pink Sheets, which is an ideal place for such things because it is a nearly unregulated computer network that matches buyers and sellers. As authorities have clamped down on stocks listed on the New York Stock Exchange and the Nasdaq, it has driven more scammers to the Pink Sheets.
MOVING AROUND
Number of Pink Sheets companies moved to the New York Stock Exchange, Nasdaq or American Stock Exchange:
2000 8
2001 19
2002 11
2003 10
2004 14
2005 8
Sources: Pink Sheets
The Securities and Exchange Commission has moved to make things more difficult for people who want to use the Pink Sheets to take advantage of unsuspecting investors. It is seeking out dormant stocks and delisting them. It also requires a public shell company, when it ceases being a shell company through a reverse merger (in which a shell company adopts an existing trading company's identity), to file with the SEC the same information that would be required if it were becoming a public company.
But that has only made people who promote penny stocks on the Pink Sheets more creative, says Hartley Bernstein, publisher of StockPatrol.com, a financial watchdog website.
Much of the responsibility of avoiding these scams is left up to you, the investor. Here's what you can do:
Know where the stock is traded.
To find this, all you need is a stock symbol or company name. Enter the symbol into most financial websites and you can see where the shares trade. If they're listed on the Pink Sheets, the stock symbol will have a "PK" after it. If it does, your defenses should immediately go up.
Securities lawyers, regulators and accountants are highly suspect of stocks that trade on the Pink Sheets. That's because there aren't many legitimate reasons for a clean company to list on the Pink Sheets, says Mike Starr, partner at accounting firm Grant Thornton. Starr says his firm won't touch them as clients. "We don't get involved with companies listed on the Pink Sheets. Frankly, there's too much risk, because there's a reason they're on the Pink Sheets."
For many companies, that reason is the lack of any disclosure requirements. With rare exceptions, these companies don't have to release earnings or annual reports, or reveal if officers and directors are dumping shares. Many Pink Sheets-listed stocks are "shell companies" that exist only on paper and have no assets, employees or products. This month alone the SEC has moved to shut down 15, StockPatrol.com says.
It's unfair to say all Pink Sheets stocks are shady. But the odds are much higher. Small companies do not have to list on the Pink Sheets. If they're willing to put out financial information they could list on the over-the-counter OTC Bulletin Board system, a quotation system that NASD oversees.
Companies that list on the Pink Sheets rarely move on to bigger and better stock markets. Last year, just 14 of the 4,570 Pink Sheets companies trading graduated to the NYSE, Nasdaq or American Stock Exchange, PinkSheets.com says. Meanwhile, 126 Pink Sheets companies were delisted, filed for bankruptcy-court protection or no longer trade, PinkSheets.com says. This year, 151 Pink Sheets stocks have been delisted or no longer trade.
See if there are financial filings.
If a company doesn't disclose financials, you shouldn't invest in it, Bernstein says. It's easy to find out if the company files financial statements by visiting the SEC's website (www.sec.gov). Click on "search for company filings," then "companies & other filers" and then enter the company's name. All the company's filings with the SEC will pop up on your screen. Look for quarterly filings (10-Qs) and annual filings (10-Ks). If these filings aren't there, don't invest in the stock, Bernstein says.
If they are there, take a close look. You might be surprised how flimsy the company really is. Take Vinoble, a company that was pitched in an e-mail Bernstein received in October and is listed on both the Pink Sheets and OTC Bulletin Board. Vinoble underwent several reverse mergers, conducted a 1-for-500 reverse stock split (reducing shares outstanding and increasing the stock's price) and now calls itself a homeland security company. The company's 10-K filing shows it has $38 in cash. Not $38 million or even $38,000. Just $38. Vinoble did not return calls for comment.
Look for more information.
PinkSheets.com operates the infrastructure many brokers use to get quotes on Pink Sheets stocks. It also maintains a public website that reveals all publicly available data regarding the shares. It's a handy and easy-to-use way to see what information, if any, is available.
Simply type the stock symbol into PinkSheets.com and you get the summary page. Here, you'll find the stock price, the stock high, the percentage change and other basics. The site will also list the company's earnings per share, or EPS. If those pieces of data aren't there, that means the company has not reported any financial information.
An even closer look can reveal other red flags. Under the "Company Notes" item, you can tell if the company has changed names. Typically, a name change means it was formed in a "reverse merger," which is a tactic some companies use to avoid regulatory scrutiny. Using this legal tactic, penny-stock operators keep morphing their "companies" into new entities with mergers so they have a new story to sell their stock.
So next time you think about investing in that sure-fire nanotechnology or alternative energy stock listed on the Pink Sheets, stop and follow the steps above. You might get cooled off fast. "A lot of those companies are hyping what they are and who they are," Starr says. "I refer to them as wannabes."
DVD and Blu-ray royalty license fee is more expensive CD royalty is going to be expired end of this year, but actually, it is ended now. Philips,Sony, LG, Panasonic etc are chasing for DVD and Blu-Ray Fee which will have a long life time on the patents. Global Publishing is not listed there. Then, everybody should know what it means.
The links provided were only announcements. There is no solid UCC Filings under any of the company for these equipments
The equipment was purchased from a closed plant, but the plant manager claimed that they only received deposit from Global Publishing Owner. Not the actual funding from the bank or leasing Co.
The only proof of the funding for the public is the UCC filing with the State. I checked, but I did not see any. I suspect that the funding never go through.
Also, Utica Leasing Website provided recent transaction records, but neither AMI or ATMI showed up.
Please do not fool the public and investors. Mr Wilson
This link only shows the CD license. According to your statement, you should have three licenses, 1) CD 2) DVD and 3) Blu-Ray.
How could you produce 4 million DVD order without a DVD license.
Please answer to the public.
Please read the following from Philips Licensing website:
Check your supplier
Does your company import/purchase CD-R/RW, DVD, BD, or other optical media products from a third-party manufacturer? If so, we strongly advise you to check if your supplier sells licensed products. In many countries, you could be liable for patent infringement if you receive unlicensed products.
We provide two tools that allow you to check whether your supplier is licensed:
1. Licensee Database
2. Licensed Status Confirmation Document (LSCD)
To reduce to risk of liability for infringement that may result from importing, selling, and/or using unlicensed products, we strongly recommend you to follow the steps below and take all necessary precautions to ensure that your products are licensed.
1. Check the Licensee Database
Check if your supplier is listed in the Licensee Database on this website for the particular product you are buying. A company listed as a CD-R/RW or DVD licensee may not have a license agreement for BD.
2. Demand an LSCD for each shipment
Ask your supplier to provide you with an LSCD specifically identifying the products and quantities you are purchasing.
3. Verify the validity of the LSCD
Check the date of shipping. LSCDs must be requested on or before the shipping date. They are free of charge and usually issued within approximately a day. If your supplier says it will take longer, we suggest you to contact us. LSCDs will not be issued if the goods are close to or already at their destination.
Please note: in the absence of an LSCD, assurances and indemnifications from your supplier will not provide a valid defense against any claims for patent infringement.
Checking whether your supplier is listed as a licensee in our Licensee Database is essential. But it is not enough to ensure that you, as a buyer, are free of liability for patent infringement. Your supplier must also give Philips an accurate report of each optical disc, drive or player sold to you and must pay all royalty.
Again, Philips website: www.ip.philips.com
Well, This board is full of promoters.Please do your own DD.Here is the important fact has been ignored. Maybe, these promoters do not want to face.Go to: www.ip.philips.com to verify the Rick Wilson's statement: " Global publishing is a fully licensed CD, DVD and Blu-Ray ...." Please explain to the investors why there is no listing of EXMT or Global Publishing on the licensing site.
By the way, www.ip.philips.com lists all the licensees by country, but Global publishing's name is missing from the list.
CPA firm only audit financial data, and only audit what is provided.
Here are the list of proofs. Please read it carefully.I believe" Help Me" must be either Richard or George. Maybe, somebody works for them.
1) Federal Court records showed case numbers 2:2006-CV-00694 and 2:2005-CV-08447. The code for the suit 830 which is Patent Infringement.This is too complicated for a regular person to understand if he or she does not have much legal background. To view the summary of the case, it requires a little effort, but if public demands for it, I will consider to post it here.
2)) Richard Wilson made the statement " Fully licensed CD DVD manufacturer" It is your responsibility to show the public the License. NOT US.
3) When we have doubt about your license, you need to prove why you are not listed there.This is the most simple way.You should not let us show the proof. This is a not a legit answer.
4) The interested parties can make a phone call or email inquiry to Philips Licensing Office in the West Coast to ask what it means if the manufacturer name is not listed.
5) There are many IT and Computer experts on this site. You can view back www.ip.philips.com website 6 month or a year ago. You will see the listings.Your answer is there.
History of Media Factory and Global Publishing
Willy Chow founded Media Factory in the 1990 and sold the company to George Chen's family in 2004. Over the period of ten years, Media Factory accumulated huge amount of royalty payment to Philips and Sony so that Federal Court ordered one time settlement of enormous amount that Media Factory could not afford. Then, George Chen family came to the picture, and The Family paid a chunk of the settlement which equaled to the asset of Media Factory. Willy Chow left the company and started Solar with others. Media Factory Became Global Publishing at that time.
Now, Richard Wilson acted as an agent of a investor to purchase Global Publishing. The validity of the purchase really need close observation, because it is time to settle another huge chunk of royalty payment with Philips.
On wwww.IP.Philips.com, all current licensees are listed there Worldwide. If not listed, there is payment owed or never paid. Be careful, do not buy into trouble.
Alert. False Statement. None of large movie company should give orders to non-licensed factory by law. Philips, LG and Sony own the intellectual right. Operating without license will be sued for Patent Infringement. The large movie company's legal department is clearly aware of it. Please go to: www.ip.philips.com to check the licensee status worldwide. After entering the site, go to licensee Data Base, check it out. Neither Global Publishing or EXMT are on there.
This is a Scam. The newly acquired subsidiary" Global Publishing" does not have license to manufacture DVD and Blu-ray Disc. Please go to www.ip.philips.com. Enter Licensee Data Base and click"Optical Licensing" You can check all the licensing status worldwide for CD, DVD and Blu-ray factory. Of Course, you have to pick U.S as the search territory. Good Luck.