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Just found this new Letter to the Shareholders on the website!!!
https://room21media.com/letter-to-the-shareholders-10-12-2018-room-21-media-otcbb-msmy/
New clients are from the Recovery and treatment industry and they are happy to pay for sales and marketing collaterals and services with a company like Room 21 Media that specializes in this niche.
It appears iVitalize is using Room 21 Media to film them treating patients, my guess is this footage is for their website and possibly commercial spots online and maybe on an app.
Some ill informed posters think Room 21 Media works for free as they believe they can not generate any revenues, they're broke and do not know how to get business.
John and Bob have been selling nearly their entire lives....from what I witnessed in person, they are very comfortable with the solutions they offer and they know they can help a lot of people!
I KNOW there is NO reverse split.....it makes no sense on sooooo many levels!!! Just commenting on the amazing wisdom of the posters who keep on telling us the company is going to.
The company is not diluting and they are growing revenues with new clients. I love this!!!!
I was at the Opioid Summit and saw the relationships they had with all the key people there. They seemed to know just about all the owners of the clinics that were represented at the show. I heard several say that they were very interested in the services MSMY was offering to the industry and they would be coming by the office to discuss how they could work together.
IMO, John and Bob are both very knowledgeable and confident salesman! They were there to offer solutions for the challenges facing the patients in recovery and most seemed to love what they had to say!
The Company takes in $98k from the sale of the Shell, MGON, that they controlled, and some posters here think that the CEO, who is using his twitter account, and not hiding like the posters here, and is putting his name and picture to a written statement and the poster thinks he is lying about it???
But the Company is broke, and the Company cannot raise any money and they are going to reverse split the stock by doing audited financials in the middle of their calendar year, because certain posters are financial and business geniuses here....LOL
Those look like Nurses that are assembling new iv drip racks as they had a group of recovering addicts at the clinic (another new client?) to receive iv therapy!!! NOT A CREW ASSEMBLING A MAKE SHIFT ROOM???? WHAT DOES THAT MEAN???
Amazing how some people just love to hear themselves spout over and over like they have any idea what they are talking about!!!
Looks to me like Room 21 Media is bringing new clients and creating content for the site and the app.
Can't wait to see and hear the testimonials from those patients on what they thought of the treatments they are receiving.
They way I read that tweet is John sold the control block in the MGON shell to some other company, MSMY is receiving $98,000 (I thought I heard the self proclaimed experts on this board say about a thousand times, the company couldn't raise any cash??????) and still holds the 20,000,000 Preferred Shares.
MSMY has put NOTHING into the MGON shell, the buyer is moving their company into the shell and MSMY delivers nothing to the new buyers accept the control which is in the form of a super voting Preferred share.
MSMY gets almost $100,000 cash and we will get a dividend in the form of a share distribution in the new (MGON) company. We will learn the details of how many shares we get for each share we own of MSMY in the new MGON at a future date. The distribution will be to holders of MSMY as of a specific date in the future.
I THINK THIS IS AN AWESOME DEAL FOR MSMY SHAREHOLDERS!!!
It's amazing how hard some people on this board WORK to say nothing but negative statements over and over and over about all the good things that the company is doing....it's LIKE THEY ARE GETTING PAID TO DISCOURAGE AND DRIVE NEW INVESTORS AWAY FROM THE STOCK!!!
Personally, I went to the Opioid Summit at the convention center in Anaheim a couple of weeks ago to see with my own eyes what Room 21 Media and the Share TV were doing and how they were received....and I was VERY impressed with how well they were received. They seemed to know all of the important movers and shakers at the event and it was clear they had pre-existing relationships with them. I personally saw the response these potential clients had to the message John and Robert were delivering about what services Room 21 Media were offering and what the Share TV was building....and to my eyes, everyone was very excited and very supportive about it!!!
I have been in sales and marketing my whole life, and I could see them potentially getting a lot of new clients from the discussions they were having. I saw several appointments set for follow up visits and the potential clients were genuinely excited about the message they were receiving from John and Robert!
No CEO in a OTC stock would show his contracts, they do not answer to the shareholders and their clients would not appreciate getting all the calls by posters whose only mission is to stop the company from succeeding....and if they can do that by pissing off their clients, then they will call those clients non-stop. I have seen it before!!!
Companies do not disclose individual client agreements, maybe if you signed a multi-million dollar contract, you would disclose the client...BUT NONE OF THE DETAILS OF THE AGREEMENT!!!
Pretty amazing that the fully reporting and current issuer MSMY has a TOTAL MARKET CAP of about $1.65 million and its subsidiary that we have 100% control of, has a TOTAL MARKET CAP of about $1.4 million....
If you subtract the value of our wholly controlled property MGON from our value, it leaves a Market Valuation on MSMY of about $250,000
So our non-reporting, Skull and Cross Bones property that has NOTHING in it and still has to go through an entire cleansing process and file a couple years worth of financials and bring all the fees current, has a value put on it by the MARKET of more than 5 TIMES that of its fully reporting and current parent......Ya think we have been a bit over punished???
Ya think MSMY is a no brainer to buy at these levels???
Somehow a non-reporting dirty Pink Shell is worth $1.4 mil and we are worth $1.65 million....and we control the the $1.4 million property....
John has been working in the e-learning field for about 7 years, but this new direction with Recovery has been his focus for the last Year! That is why he acquired a Public Vehicle.
You love to spin everything to make John look bad, yet you claim you own 2 million shares....why are you so focused on trying to scare every shareholder out of the stock by constantly posting the same inaccurate information time and time and time again???
....maybe you don't know that your credibility is less than stellar here.
Company just re-confirmed there is no R/S coming or planned. They are not doing and audit in the middle of their year and think it is funny that some would think they are.
I apologize, I did not mean to respond to you...I have been responding to my unenlightened friend.
It's called having relationships with hundreds of people in the industry and everyone wanting to help each other out! People in Recovery are like family to each other...even if they have only known you for a short time. Everyone believes in the cause that John is promoting and they are very willing to help wherever they can. I have not seen that in any other industry or sector!
Everyone associated with the company believes in the cause and many are willing to give almost freely of their time and their expertise! Marketing for a very close knit industry that we are in offers so many opportunities that you do not find in other industries....
They opportunity is beyond your capacity to understand.
Company is NOT doing a Reverse Split and cannot as it does not think it is wise to put funds into doing an audit when building revenues is all they are focusing on. They cannot do a R/S unless they first wasted money on doing and audit.....BTW, what public company have you run or consulted for? LOL
You just keep on believing that $99 sales is what they are selling and you have a crystal ball that is never wrong about the future....I would shred you here, but you would just delete my post.
Verified with Management, Company is not doing nor planning on doing a Reverse Split and definitely not spending money on an audit right now!!!
Sometimes it is like talking to a stubborn child who thinks he has all the answers...you have to pat their head and tell them, yes little Billy, you are right.
Do you even realize, (obviously you don't) if he did the reverse you are talking about, the $1.5 million would have funded the company at $.75 a share!!!!!
($0.015 x 50 = $0.75)
Explain to me oh master of business, how does funding the company at $.75 a share "wipe out" the shareholders???
I would love to understand your spin on that one!
Only someone that does not understand the markets would think that it is a viable option for the company to "wipe out" the investors. Your lack of understanding of business in a public company is pathetic!
There will not be a Reverse Split!!!
The company is NOT doing an audit and therefore CANNOT DO A REVERSE and has NO INTENTION of doing a Reverse Split!!!
CONFIRMED...THE COMPANY IS NOT DOING AN AUDIT!!!
Some wannabe experts here want to show their ignorance by posting dozens and dozens of times the same and boring TOTALLY WRONG AND MISLEADING INFORMATION!!!
The company is not doing an audit in the middle of their financial year!!!
Stop posting garbage!!!
I wish the posters would stop showing their ignorance!!!
Get some help!
I can ASSURE you there will be NO audited financial after the 3rd quarter!!!! Who does that??? Anyone that would think like that is spouting unfounded and ridiculous statements, a very funny dreamer, and unfortunately, they would be PROVING they know very little about business!!!
The first rule of business is CASH FLOW!!!! And that is exactly what management is focused on.
I drove up and met the CEO and his partner in Anaheim at the Opioid Summit. I can tell you the message I got is the company is laser focused on generating Revenues now!
They are operating lean and have VERY LITTLE DEBT which as an investor, I LOVE! They are in no danger if they can not raise money right now, and will not raise money at anything less than very good terms for the company and its shareholders!!!
No One would spend money on an audit before making sure they had Revenues to operate their business....and that is what John is doing!
This board is so Full of Wannabe Business Experts, it makes me LAUGH!!!
I feel even more confident about the future of MSMY after seeing and hearing how well they were received at the Summit. Sounds like they lined up quite a few potential new customers for this year!
Stop already with the Reverse BS!!!
I totally agree with you! No one is hearing about the produced assets in the can already....I understand we can expect to see a demo reel in the near future....
Did the board not read that the vendors and employees took stock for $394k worth of service at over TWICE THE CURRENT PRICE!!!
This current price is a gift!!!
Are we going to hear this baseless opinion that is nothing more than an uninformed and WRONG opinion about a Reverse Split everyday from now until the middle of next year???
Because that would be the first time the company could actually do one, NOT that it has said it would, rather it has said IT WOULD NOT DO ONE. AND IF IT DID, THERE ARE RULES IN PLACE TO NOTIFY ALL SHAREHOLDERS AT LEAST 30 DAYS IN ADVANCE!!!
Great honest update! I love what I read and will certainly hold all my stock and give the company time to perform! Will be on the bid picking up what is dumped.
The ignorance of the postings on this message board are laughable!!!
the RAISE that has been Filed for is at $.015 How do we lose when our stock closed today at one third of that???
The company is operating with the money and revenues it has....I am very happy they are not papering the street with all the bad deals that are offered everyday to Pink sheet companies.
Some posters are clueless and just want to be heard even though they continue to spout inaccurate and misleading information!
How do posters on message boards KNOW the company has no money???
Do you not think John has a network of supporters that love the cause and the mission behind the company?
They are NOT issuing stock and printing paper like every Pink that is BROKE...but our CEO has cancelled 300,000,000 shares of his own paper to take care of the shareholders.....WHY IS THIS NOT PERCEIVED AS GREAT!!!!
That is one of the main reasons I have bought a lot of this stock and I'm very excited about the future of MSMY!
Why do you think it is so hard to find investors for a clean company that has next to NO DEBT and has a great CAUSE with a very friendly CEO?
JMHO
Let's try and post Factual information about the filings here.
Why do posters continue to post WRONG INFORMATION about the company?
And post it over and over again and again.
There was NO DATE to do a Reverse, you simply get approved or not approved. MSMY was not approved.
....but the paperwork for the Raise is CLEAR....why would the company spend the money to file this paperwork if it felt it had no chance to get money at this price???
If you were going to do the Raise after a Reverse, you would have to submit NEW paperwork!!!
"Number of shares of Common Stock outstanding before the offering 501,082,694 Common Shares Issued and Outstanding as June 15, 2018
Number of shares of Common Stock to be outstanding after the offering
601,082,694 Common shares, if the maximum amount of Offered Shares are sold
Price per share: $0.015
Maximum offering amount: 100,000,000 shares at $0.015 per share, or $1,500,000 (See “Distribution.”)"
In the case of a Reverse, the shareholders would have to be notified
Some people still don't get the FACT that the Form 1A was filed and specifically spells out that the Stock is being offered at $0.015 PRE REVERSE!!!
It is on Page 3 in BLACK AND WHITE!!!
https://www.otcmarkets.com/filing/html?id=12942925&guid=huHEUFIrHfC383h
"Number of shares of Common Stock outstanding before the offering 501,082,694 Common Shares Issued and Outstanding as June 15, 2018
Number of shares of Common Stock to be outstanding after the offering
601,082,694 Common shares, if the maximum amount of Offered Shares are sold
Price per share: $0.015
Maximum offering amount: 100,000,000 shares at $0.015 per share, or $1,500,000 (See “Distribution.”)"
So CEO's should check with message boards for advice on funding opportunities? What better place is there?
What was the lie that is constantly referred to here?
The CEO put out a Press Release or filed an affidavit saying he would never R/S the stock?
My due diligence showed the filed paperwork on the Funding is all done at PRE REVERSE SPLIT PRICES!!! It says if all the stock was sold in the offering, there would be another 100 million shares issued bringing the total issued and outstanding to 605 million. How is this not crystal clear???
Where did the CEO say he would not Reverse Split the stock if he could get a great funding deal for the company???
I thought it would be a GREAT move if the CEO got funding at $.015 a share Pre Reverse split? What am I not understanding?
Why would you re-file if it is not allowed?
Again, it was a typo and it was a document filed by the Legal Counsel for the company. The Attorney made the mistake and entered 250 for 1 instead of 50 for 1.
Later in the document you will find it listed as:
Continuation of Description of inaccuracy or defect.
4. All currently issued and outstanding shares of Common Stock of the Corporation shall be decreased at the rate of one (1) share for every fifty (50) shares issued and outstanding. All fractional shares shall be rounded up to the nearest whole number. Any shareholder that would have less than one hundred (100) shares as a result of the decrease shall be issued additional shares so that such shareholder holds one hundred (100) shares. No action on the part of the shareholder or the Corporation is necessary, although through its transfer agent, the shareholder may exchange existing certificates for new certificates representing the appropriate number of shares resulting from the decrease.
If shareholders want information, there is a direct link on the company website where they can get accurate information from the CEO instead of the psychics that seem to spend a lot of time on message boards spewing lies about companies.
That is where I got my information.
There was never a 250 for 1 Reverse split....but some don't like to hear the truth, it ruins their story that the CEO is a liar!
Sorry for posting accurate information here.
Just to keep things accurate here:
John is building a real company and is doing it without papering the street!!!! And he was actually trying to get a really good deal for the company and that funding document was for Restricted Stock at $0.015 pre split!!! I asked that question directly and was told under no circumstance was he looking to raise money at $0.015 after a 50 to 1 Reverse. (If you look down the document, you will see 2 other documents where the proposed RS was listed at 50 to 1. The 250 was apparently a typo. I also verified that with him. (I am speculating that the Reverse was a possible condition of the Funder as well as not announcing anything until it was a done deal)
Granted, the parameters of the Offering were not very clear. But in business, when you are offered a good deal, you look at taking it even if it goes against something you might have stated earlier. I WOULD BE THRILLED IF HE GOT MONEY AT $.015 PRE REVERSE, AS THAT EQUATES TO $0.75 A SHARE AFTER A 50 TO 1 REVERSE!!!
I doubled checked, a Reverse is NOT POSSIBLE until you are an audited fully reporting issuer, if you were ever listed as a shell company, which is the case here.
The Filing gave the company a year to raise the money, and he could take any portion of the $1.5 mil worth. Therefore the plan is to get the stock price up high enough to raise money at $.015 per share, and only take as much as was needed to ramp up revenues to a point that it was not a good deal to raise anymore money under the terms of that offering. (ie. if the stock was solidly trading at $.05 you would not need to raise money at $.015.)
I was not given inside information, just asked a couple questions about the filings and cleared up some unclear statements I had about the funding.
CEO's do not clear strategic business decisions with posters on message boards. They have all the information and posters usually do not... and they are in a much better position to make a business decision than a shareholder who is ONLY CONCERNED WITH FLIPPING OUT OF THEIR STOCK POSITION!
I respect the cause that John Stippick and his team are so dedicated to, and I will continue to support him. He is making tremendous sacrifices to build this business, because the goal of the company is to hopefully be acquired by a much larger fish that loves the penetration MSMY has in a very loyal affinity group and the millions of people connected to those in Recovery!
He is unfairly being abused by posters here who hide behind anonymity!
How many of you would call John a LIAR to his face???
I have met the man and that is why I have put my money into this stock!!!
It does not matter that the NOTE says a 6 month hold! The investors know they will be waiting about 2 years before they can deposit there stock because you can not find someone to clear your stock if you were at anytime a Shell company.
The goal of the CEO is not to Reverse the Stock, the goal is to get the stock value up so funding becomes more attractive to his supporters.
Business decisions are not etched in stone! A CEO has to be flexible and he had an offer of FUNDING essentially at $.75 a share (do the math, 50 x $.015 = $.75) that required a reverse split....I AM ALL FOR THAT!!!
With a higher stock price it is a lot easier to deposit shares!
Where I come from in business, the most important job of the CEO is not getting an audit done, it is building your business and managing cash flow!!! And that is exactly what John Stippick is doing!!!
No one cancels their shares and then plans to do a pump and dump or paper the street....kind of funny seeing that you can't clear shares right now.
So the CEO files the paperwork to raise capital at A PENNY AND A HALF, when when the week before we were trading in the $.02 range. and he gets blasted on the message boards???
Obviously, he must have had a funder lined up, or he would not have gone through the time and effort and expense to file Form 1-A to raise capital.
HOW HAPPY WOULD THE SHAREHOLDERS BE IF HE WAS SUCCESSFUL?
YET HE IS GETTING BLASTED FOR TRYING TO RAISE CAPITAL AT A GREAT DEAL FOR CURRENT SHAREHOLDERS!!!
Do we expect our CEO to check with the shareholders to see if they like the deal he is putting together???
I trust John to do his JOB!!!! I have personally met him and his team and I love the dedication and passion they show, and I believe his investors invest in him because of that passion and drive!
His investors are NOT getting a sweetheart deal...they have to hold for 2 years before they can hope to recover their investment....but they believed in him and his team enough to still invest!!!
That tells me a lot!!!
This is what is filed, they can only raise money at $0.015 per share...PRE-SPLIT, BUT THERE IS NO REVERSE SPLIT ALLOWED!!!
And no one would plan on doing a reverse split a year from now! That is crazy!!!
Page 3
https://www.otcmarkets.com/filing/html?id=12942925&guid=huHEUFIrHfC383h
Number of shares of Common Stock outstanding before the offering 501,082,694 Common Shares Issued and Outstanding as June 15, 2018
Number of shares of Common Stock to be outstanding after the offering
601,082,694 Common shares, if the maximum amount of Offered Shares are sold
Price per share: $0.015
Maximum offering amount: 100,000,000 shares at $0.015 per share, or $1,500,000 (See “Distribution.”)
John is building a real company and is doing it without papering the street!!!! And he was actually trying to get a really good deal for the company and that funding document was for Restricted Stock at $0.015 pre split!!! I asked that question directly and was told under no circumstance was he looking to raise money at $0.015 after a 50 to 1 Reverse. (If you look down the document, you will see 2 other documents where the proposed RS was listed at 50 to 1. The 250 was apparently a typo. I also verified that with him. (I am speculating that the Reverse was a possible condition of the Funder as well as not announcing anything until it was a done deal)
Granted, the parameters of the Offering were not very clear. But in business, when you are offered a good deal, you look at taking it even if it goes against something you might have stated earlier. I WOULD BE THRILLED IF HE GOT MONEY AT $.015 PRE REVERSE, AS THAT EQUATES TO $0.75 A SHARE AFTER A 50 TO 1 REVERSE!!!
I doubled checked, a Reverse is NOT POSSIBLE until you are an audited fully reporting issuer, if you were ever listed as a shell company, which is the case here.
The Filing gave the company a year to raise the money, and he could take any portion of the $1.5 mil worth. Therefore the plan is to get the stock price up high enough to raise money at $.015 per share, and only take as much as was needed to ramp up revenues to a point that it was not a good deal to raise anymore money under the terms of that offering. (ie. if the stock was solidly trading at $.05 you would not need to raise money at $.015.)
I was not given inside information, just asked a couple questions about the filings and cleared up some unclear statements I had about the funding.
In my opinion, I think John is trying to do right by all the shareholders here and trying to build a real company without spending money the company doesn't have!
You have no knowledge and just spew you personal opinion over and over and over again that you think John is here to screw the shareholders and take care of his friends....why do you think your opinion is so important or even close to the truth???
Why do you think anyone wants to hear your opinion 100 times???
I hope you are not disappointed that there has not been more panic selling.....seems like that is what so many on this board are rooting for...obviously not shareholders and people with pretty pathetic lives that they just post negative post after negative post stating the same thing non-stop on boards that they don't own stock in....I feel sorry for you all.
I hope you can find a cause that you can actually support some day! Anything that can help the cause for Recovery is something I will support....yes, the CEO has made some mistakes....but I have met him and I think he will shortly clarify all the moves he and his team have made and I think his plan for the future will be much clearer.
He is not here for the short term or to make a little money (Obviously no stock play here for him, he has to build a real business to make any money!) but I believe he is here with his team for the long term and will build a successful company!
The 10,000 share buys were multiple buys and part of a larger order going through that they printed in pieces!!!!
Nothing like the $10 sell at the bid that we have seen as standalone orders several times!
I love the way they keep printing $10 trades (2000 shares) at the BID to post a lower last trade number...
Someone is really working hard to try and scare the longs and bring the price down!