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Wow.......Fox News....New York. Looking for a female anchor......
Wow.
Tomorrow could be a very interesting trading day.
They seem to like to file stuff on the weekends too.
I believe we will get the 2nd Quarter F/S today or tomorrow. I think we would have heard from Ted by now if the delay is going to be longer than that.
Filing to be done after close on Friday???? (with a holiday on Monday)
Why are you guys calling this a CC? Is that what this site Chris is going to be on does? (I thought it just said interview...and we already saw an interview done by our own Tom Chambers)
I am mentally psyched-up to read 1,500 pages!!!
I have my coffee....I have my Bran muffin.......
All I am missing is................
The Second Quarter Financials!!!!!!!!!!!!!!!
Ted, please let us know what is going on. If you don't know when they will be filed, let us know....Thanks. (ps...Ted, I know it's not your fault-I think Lowenthal is probably adding numerous meaningless exhibits....jmo)
No revenues, yes......but start-up companies have development costs.
Did he construct the studios himself? Did he lease the facilities from himself? What happened to the staff working late hours to reach the goal? Where are the payments to them in March?
(And remember, GAAP requires you to use the accrual basis, so even if payments weren't made, liabilities need to be recorded at 3/31/14).
The equipment on the 3/31/14 balance sheet is unchanged from 12/31/13. Does that seem right to you?
Sorry guys...but this statement is garbage imo...(Full disclosure, I am a CPA)
Chris S., just because you stamp UNAUDITED on an interim financial statement, doesn't give you the license to file garbage. Your financial statement is complete garbage.....
imo
Chris, why don't you amend this filing and give us a more complete and accurate financial statement for 3/31/14?
Wow, DCGoD, you nailed it. They told us that the website and studios would be ready on March 28th...and there is NOT ONE NICKEL OF EXPENSE OR DEVELOPMENT COSTS for a Website or Studio Production on a March 31st statement???
It would be expected to see Development Costs like these capitalized on the Balance sheet.
WHERE ARE THESE COSTS?
They had to have some costs along these lines as of March 31st if they had planned to be operating on March 28th.
This financial statement does not smell right and is incomplete in my opinion.
"Additionally, response to our test site has been overwhelming and positive. Our targeted launch date for the website and studios will be March 28th, 2014. We will be live and operational," Mr. Seminatore added.
It's required. You have to say if you have any events subsequent to the balance sheet that are material. If you do...you have to disclose them. Agreements with Neovix and LaunchTV are material transactions subsequent to the balance sheet date that should have been noted.
I think this pps ($.002 to $.003) may be our new reality until something moves this.
PPS-wise, it traded like I thought it would today. But, I am surprised at the volume. Lot more volume than I figured......
Who knows?...lol
I see so many problems with this statement....it's a joke. It is obviously something that just got thrown together to say they filed.
Where is the required Subsequent Event footnote?
There is nothing good or bad in it. It is just a statement from the prior company...their same equipment, etc. My whole point is this: Didn't Chris do anything (acquire equipment, sign a lease, etc.) from late February to March 31st.
If he did.....this statement does not show it.
Why is my post foolish? I was responding to someone who said the 10-Q showed an increase in revenues.
No equipment or lease noted at 3/31/14? This is possible I guess....seeing that first launch was 4/20/14. When was the first launch supposed to be?? (the one prior to 4/20/14).
This statement shows absolutely no investment in equipment at 3/31/14....is that right?
10-Q looks like it was prepared by someone with very little experience.
There were no Revenues for the Quarter Ended 3/31/14
Today's trading range is $.0023 to $.0032 so far. I expect it to stay within this range until the Company can demonstrate that they can indeed have live streaming reporting.
We've heard a lot of positive talk from Chris S., and received some very positive PR's (Neovix, LaunchTV)...but it is now time to stop talking and start doing.
Late Notification was filed. To be filed May 21st at the latest
For all those selling, I appreciate it. Keep up the good work!
I'm just waiting for the nervous nellies to finish selling before I accumulate more. Sell baby......SELL!!!!!!!!!!!!!!!!!!!!!!!!!
RE: LaunchTV....I understand that UTRM could not control the timing of the news of the LaunchTV agreement (because their partner LaunchTV may have wanted it released last week)....but that would have been a sweet "Major Announcement" to make today.
That agreement is great news. There is so much happening here so fast (Neovix, LaunchTV, advertisers), that investors are already forgetting about last weeks news.
If you sold at $.0039, you must wear a size-two hat
Volume of about 30 million shares so far today is low. We are going to get that in 5 minutes a little later today imo.
I'm not a "buddy"...but I continue to slowly accumulate. Didn't think I would have this opportunity this morning.
Once UTRM starts to ascend..well, you've heard or panic selling...you are about to see PANIC BUYING!!!!! imo
We will be at $.01 sometime today....imo
There is Selling before a "Major Announcement"????
Weird.
It appears to me that many investors have taken Friday off. Volume seems low on everything I've looked at today.
Friday is a good day to make $$$$$$$$$$$$$$$$$$$$$$$ imo !!!!!!!
There is so much going on....JV rumors, Financial statement filings pending for 2nd Quarter and for the Sister companies.....lots going on. I think it's getting ready to Streak!!
Let me try: The financial statements will not be timeously filed next week. Correct?
That's a new one on me. May be a bit of a challenge to work that one into every day conversation....lol
I'm happy to see the slight delay in the issuance of the financial statements next week...I want to buy some more GNCP on Tuesday.
Not worried about it. It's all good. I don't sweat the small stuff.
Common_man, thank you for the informative post. GTLA seems to be taking a snooze the last few days after some fairly high volume prior to that.
lol....very cool word. You made me look it up! Looking forward to the 2nd Quarter Financial Statements next week!!!
Whocares, I feel you....but when you compare this to the last 2 to 3 years....the trading the last 3 months has been relatively outrageous!
I took a snooze today and no alarms woke me up! No Trade Day for SSTY...
The credentials of Craig Parkinson are very impressive....imo
Here are Mr Parkinson's credentials:
http://www.parkinsongeologic.com/Credentials.htm