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Yes I see big possibilities here,just need clarification on LOC!
K thanks for the info, why is nothing posted on it?
Yes it's baffaling why they cant finance the project,its one of two things , the gold is not there or the venture capital does not trust the CEO to get the job done IMO!
Ive been keeping my eye on this one,as soon as they clarify LOC i'm in for 10 mill!
There will be no RS here ,the insiders are not going to cut there own throught, buy back is the answer!
The CEO must step aside!
The gold is there just need someone who can get the job done!
Its been 1 year now so its toast!
Why does the CEO not shut this down?He has plans IMO!
I can only come up with one conclusion here, the CEO has no credibility with financial lenders,he has to step aside for the benefit of all IMO
For what ever reason the CEO hasn't shut this down yet,that tells me he needs this company to survive to look after his interests what ever they may be,it's a wait and see game 1 5 10 years who knows , we shareholders are locked in with no choice in the matter now! GLTA!
The gold is there,all that's needed is someone that can get it out of the ground and make this a .25 stock :)
Hard to believe a man that accomplished so much in the business world,is running this company this badly ! I can only think he has his reasons and knows the final outcome will be worth it for his shareholders IMO
I agree SS should be #1 priority and a PR'd new business plan, VPOR went from no hope to possibilities in couple of months just by a reverse merger with MJ company, the fact Grod has produced 4 movies and planing on more there has to be some profit there IMO
Yes soon will know Boom or Bust ! IMO
Yes i'm very serious,the way i see it the CEO has a lot on the line here ,if he spends money to keep this alive it's not just to keep it alive it's because he is going to make it profitable and is confident he can IMO
If the CEO don't give up,that in itself should add value IMO !
Yes he has no choice now except make something happen or close the doors!
Yes things are very bad here and this could be the end of MHYS, so i can't see any reason for the CEO to pay out any money on keeping it alive unless he has a plan we don't know about IMO
The good news is we'll know if this stock is worth anything soon,if the CEO keeps things alive there will be a good reason for it IMO GLTA!
Hoping to Become the Next Digital Media Giant
BEVERLY HILLS, CA / ACCESSWIRE / August 5, 2015 / WOWIO, Inc. (OTC:WWIO), a digital media and technology development company today announced a new expansion strategy that will include acquisitions of media development, production, distribution and marketing companies and other assets.
"We're going to serve the global appetite for digital media, and take advantage of that worldwide audience," stated CEO, Brian Altounian. "If you look at the impact that Hulu, YouTube, Netflix, and Amazon have had on the distribution side of film and television and now all of those entities are developing, producing and distributing original content in direct competition with those same entities (studios and television networks) that were originally the main suppliers of content. It would be imprudent for us NOT to try to participate in this next powerful wave of growth in the entertainment industry."
Fresh from a capital restructuring effort, the company is methodically following its previously-announced plan to enhance net stockholders' equity and is focusing its efforts on opportunities to create and monetize ancillary content and product lines beyond eBooks.
"As we mentioned in previous correspondence to shareholders, we have seen tremendous opportunities in digital media as new players have come into the market, providing a viable outlet for creative projects," says Brian.
WOWIO had been pursuing a technology and platform play in the eBook distribution space and while Altounian insists that technology development will continue to be a key effort for the company, the next phase of the restructuring plan is to explore the acquisition of profitable businesses and performing assets beyond publishing.
"Digital Publishing is still in its nascent stages of growth and there are many opportunities to create new, viable and exciting means of storytelling in the mobile, connected digital world that incorporate eBooks as we know them today. Our goal is to take what we've learned in the eBook space and build fascinating, accessible, creative projects that will be attractive to our core audience of 18- to 45-year old media consumers."
Altounian believes this new plan will reinvigorate investor confidence as the Company builds net stockholders' equity and continues to remove affiliate & non-affiliate debt from the balance sheet, providing a good quantitative story to match the qualitative financial package.
WOWIO holds a proprietary patent that allows for the insertion of advertising into eBooks, a mobile eBook distribution platform, and a proprietary mobile ad network, providing the digital publishing distribution channel as a viable alternative to that of other content distribution outlets.
About WOWIO, Inc.
It's time for the CEO to step aside,when for what ever reason he can't generate the capital to mine for gold that's known to be there in a full year!The gold is there we just need a CEO that can get it out of the ground LOL!
IMO the only option left for the survival of MHYS is share buy back plan,if the CEO can't generate the money to buy back at this pps , he won't be able to make a RS make any difference if anything it will scare away investors.If you want to get investors attention share buy back plan!
Although we hav'nt gotten the response we were looking for with the settlement,the good news is the company survives, and the possibilities are still real! GLTA!
Now that the legal problems are behind us with movies out, and movies in the works,this would be a perfect time for share buy back plan ,the shares that are bought back use them for dividend payments to your more then loyal stuckholders who been suffering through your neglect to run your business properly. m Many benefits to this move,1) It will increase share value 2)Give you the CEO credibility as in caring about your share holders and company3)Give you a better foundation to run a profitable company IMO!
An update on your court case would be a nice start :)
k thanks for the info
Run up to PR starting ?
Gold climbing $1305 !
Yes if outcome is positive,things can turn to Mass Hysteria here :)
Succure current shareholders with eliminating AS and announce a share buy back plan,don't worry about where the money is coming from just do it, now you will have credibility which will create value in the stock,next keep your shareholders informed about anything and everything that is happening which will create more value again in your stock,now take and buy a small amount of stock with what you can afford to buy to create more credibility in your stock, in other words put your money where your mouth is , it's all about confidence in your commitment to your shareholders,you do these things and watch how fast the value rises!
The results of case out yet?Mhys alive or dead ?
True but was unuseual for the state of affairs this stock is in, 30mill and 50mill blocks that's what got my attention!
K ya say's a lot about his character, and what he thinks of his shareholder's .
It's worth a $100 ticket in my book, if things get solved in Grod's favor next week this stock could be a big play IMO!
The fact Norman never told his shareholders of this RS before the filing is the troubling part for me ,have to question his morals now and transparency IMO
Hope your right, it would have to be something with clout to save this stock now IMO!
K thanks for the info Bear! Sound's like the gig's up for this one.
Next week should make or break this company GLTA!
Bad move , the CEO just hammered the last nail in the coffin for his company, his shareholders and his career ! RIP