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jakewhite, thank you for the update. Sounds promising.
BGL - Does this stock ever trade?
What's taking so long for BGL to "prevail" in Mexican court? I thought it was a slam dunk!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
FFGO - I hold my shares in my TDAmeritrade accounts. Starting last evening, TDAmeritrade is now showing a value of $.0001 per share for FFGO in "My Account: Overview".
Previously, it would show $.0001 per share; then show it going down $.0001 for the day with a net value of $-0-. Now, it's not adjusting them-it just shows it at $.0001 per share and has added them to my summary of positions (it was not there before).
Don't know what this means...if anything....but I just thought I'd pass it along.
I don't see that "this week is critical for UTRM". Give the new CEO some time.
When you listen to the May 20 presentation from Chris, I suppose a lot of this may still be within our reach.
A lot of you guys said that Chris was not fired........you forget one important thing. UTRM has a deal with LaunchTV. LaunchTV may have forced him out.
Here is Chris' May 20th presentation....it's worth listening to again imo...even though he is now out.
SevenTenEleven, if we got punitive damages at $.25 per share for FFGO.....I'd take them!!!!!!!!!!
How is this stock doing? I have heard nothing but good things about BGL!!!!!!!!!!!!!!!!!!!
Does it now own the rights to Cinco Minas in Mexico!!!!????
I can tell you what's going to happen in the next few weeks (if anything does happen).....promises.
Promises of what will be.
Nothing concrete.
More Chris S. nonsense.
A "few weeks" is not enough time for the new CEO to make his imprint here.
As far as being in "Phase 3", like some have noted....Did we ever complete Phases 1 & 2? lol
Who said anything about being in or out? I'm in. I have been in since UTRM was below .0005; before the merger. I picked up some shares subsequent to that. But I have been in quite a long time.
My posts this afternoon are trying to explain that it does not appear that anything is on the immediate horizon. This is going to take some time. I'll try to make this point one more time:
If there was something major about to happen, Chris would still be around. (That's why it is still relevant to mention Chris). Therefore, I don't expect major news anytime soon. And, because of this, I expect the pps to drift downward.
Yes, the new CEO may see POTENTIAL in UTRM. But POTENTIAL is what we have been living with since Jan. 27, 2014.
We appear to be starting over....don't expect anything anytime soon imo.
If he could not take it to the next level...then nothing good is about to happen.
My whole point is that nothing good appears imminent. If it were...Chris would still be around.
Yes, precisely my point. If he wasn't producing....nothing good is about to happen.
I don't know! I thought I was looking at the wrong stock for a moment. It traded below $.0001. I have seen people post that a trade below $.0001 means that it had to be below $.00005 ($.00005 is rounded up to $.0001). Don't know if that is true or not.
Here are two questions about Chris' departure:
1. If Chris Resigned: Why would he leave on his own free will if something good were about to happen?
2. If Chris was forced out: Why would he be terminated if something good were about to happen?
My take: Nothing good is about to happen with UTRM.
Natetex, excellent post! I keep seeing forecasts of a Big Deal! News Soon! Let's get real. As Natetex posted, we have taken some steps back.
Here's something to ponder: If Major News were immminent....Do you think Chris S. would have left or would be fired? Why would he leave if he set up a great deal that was about to be announced? Likewise, why would they (not sure who 'they' is) terminate him if he had a big deal in the works?
Domain name may be transferred into corporation's name. Simple.
I have no idea what you are talking about. I don't see the trades you are speaking of.
What does pennyinsider say about UTRM now?
Looking forward to a fresh start! We should get an update early next week imo.
Are you talking about the bgl financials that show zero revenues and a footnote stating that their entire investment in Cinco Minas may need to be written off if their case against MSJ is lost?
SRGE is trading nicely again today. Just in a holding pattern waiting for MSJ to announce how the acquisition of SRGE assets will affect us SRGE shareholders.
Is the discussion about Nerdfuzz relevant given today's events?
(New management).
Founder of the Concept......It was his idea...was it not?
Who fired Chris? Chris? Who was on the Board of Directors? Chris?
I think you're right. Potnetwork was his idea, he made some nice $$$ change, saw that he was having trouble taking it to the next level and decided he didn't need the headaches....imo. So, he started looking for a way out when he was in New York.
He said he set aside his ego. My ego would have made me stay around as "Founder"...lol
It won't take that long imo.....if it does, this puppy will drift down into the dreaded triple zeroes.
Nobody believed me or listened to me....when I posted about the 3/31/14 Financial Statement that was released by the company.
That statement was completely bogus imo and needs to be revised.
It pretty much just took the old numbers before the reverse merger and slapped March 31, 2014 on them.
They (Chris and crew) just filed something to file something.
There had to be some accounting activity (cash spent, liabilities incurred, etc.) from the time Chris took over on Jan 27th through March 31st. Company needs accounting help imo.
This new CEO has the same issue that Chris had. He has his own company he is already running. We keep getting guys that are kind of part-time CEO's who don't have their full attention on UTRM.
CarloRoberts called a name change too.
Classy post. Chris just didn't have the experience to take it to the next level.....setting ego aside cannot be easy for any of us.
Go UTRM!!! And, thanks for your efforts Chris!!!!!!!!!!!!!!!!!!!
CarloRoberts: I love this line:
Chris made some blunders, but I really feel he is being unfairly slammed here. His major mistake was constantly repeated: He over-promised.
We have probably been in a dark period while he was negotiating his "buyout". Who controls this company to get rid of him? Who was his boss?
Anyway, whether you liked Chris or didn't like him.....He's out and we pick up the pieces and go forward.
Just do a google search for GN Nameplate and James Wright.
The dude you are all going nutso over (James E Wright) is not the new the CEO. He specializes in Diversity Training. He has nothing to do with broadcasting.
James E Wright is the wrong dude. Get a clue guys.
You guys do realize the resume is for somebody else. You have the wrong James Wright. Look up James F Wright....lmao
One further point about the proposed "Buyback": Didn't the Company say that they had financing to do the buyback? Now....in yesterday's PR....it sounds like they have no cash to do anything.
I'm confused.
Why in the world would there be discussion of a Buyback by the Company?..............they are doing the exact opposite (issuing billions of shares)
Looking for a PR in the morning before the bell.....If we don't get an update, and that website for potnetork.tv still looks like it does now when the market opens......
We will see .001 imo
SRGE traded nicely today. bgl did not trade at all...as usual.