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where does the 6b and 10b OS numbers come from?
good to see you here lion taki. blast off!
still optimistic on this.
not the news i was looking for either, but it's revenue into the company, though not disclosed. still awaiting for merger, stock buy back and financing news.
have you tried contacting the CEO? i think if they did take out 90% of the OS, we'll be flying high. As of last OS update, they bought 600m shares of the 1.5b. the rest is to be bought with raised cash, which from what I'm reading the past couple PRs is they have an equity firm set up to invest in the company. i'd like to see some PRs coming out soon; lots of events to be accounted for.
second that. no big difference between 20 days or business days. if 20 days is true, we will get a PR on the update.
looks like, and correct me if i'm wrong, that the acquisition of Stemtronics, is really a brokering deal, whereby the patents will be sold to a for-profit medical company, in which WEHI will get equity stake, which somehow gets them cash or leverage, and continue with buyback of stock.
WACO is a MM correct? since WACO is advising them, are they on the bid or do they show up on L2?
June 30, 2008 PR, exerpts
The acquisition will be will be financed with restricted shares of WGL Entertainment Holdings, Inc. At the completion of the transaction, the patent rights will be transferred to a public medical equipment company for an equity stake and shares in the company.
"This will provide WGL Entertainment Holdings, Inc. the capital necessary to retire its convertible debentures and begin the stock repurchase plan as previously announced. WACO Capital of Houston, Texas will advise WGL Entertainment Holdings on this and future acquisitions," said Mike Pagnano, CEO WGL Entertainment Holdings, Inc. "Diversification will significantly increase shareholder value and revenues as we continue to execute our business model in the future. Additionally, the 'WGL Million Dollar Shootout' reality television series continues to do very well in its southeast regional airing on the CSS network. The beginning of the national airing of the MDSO has been moved to August 9th to coincide with the PGA Championship."
not sure if we will if the company does not say so. however, we will be more transparent that's for sure, with a fully reporting status.
Mike says on July 23 PR that WEHI will be fully reporting in next 75 days, which means near October we should see some action.
"We continue to make progress on several fronts, along with the Stemtronics acquisition, we are looking at two additional acquisitions to broaden our portfolio and diversification of WGL Entertainment Holdings, Inc. We continue to move forward on the retirement of our two convertible debentures and to become fully reporting and up to date on all required SEC filings within the next 75 days. The second half of 2008 will be an exciting period for WGL Entertainment Holdings, Inc. and its shareholders," said Mike Pagnano, CEO, WGL Entertainment Holdings, Inc. "Thanks to all of our shareholders for their patience and continued support."
the last PR was a little surprise to me, about the ability to raise money. it's good pr, just wasn't expecting it. now we're expecting the stemtronics and buyback status on the next pr. looking forward to it.
two months from july 7 is after labor day weekend in sept. do we know if the convertibles have been all bought back per the PR? i hope the next PR will state something in this regard, as well as the buyback of common shares.
then off course there is the purchase of stemtronics. lots of areas warranting news.
looking forward to next week my friend. could be my lucky week! the week after 08/08!
no trades so far? no bid x 2 ask?
let's go WEHI! tic by tic.
jordan, you got that right. lower volume is moving the stock. hopefully company buying back.
we have a bid, 1 x 2. even my quote system sees it!
news is the key, especially on the stock buyback. may take a while for raising funds and applying to the buyback, but every tic is 100% from 0.0001. can't ask for more than that.
hey jordan, good to see 2s. the 1s are gone, say hi to 2s. awaiting for next PR re acquisitions and buyback, and potentially money raised.
u da man jordan. looking for some more action and maybe some more buys. got 5m more this morning.
we have a bid!
Lion Taki, how many MM on the bid @ 1?
filled 5m at 1.
got 9m @1. now waiting for 5m more at 1. thought i may show as a bid and lead the way. hahaha
i'm in for another 5m at 1 with 2 on ask. see when they fill me.
i'm looking forward to this one when it starts ticking upwards on the bid. good night all. go WEHI!
bids up. eod run? this is my last post available as a free member today (#15). will read your msgs for rest of day.
mdmn looks good today. hope news is on the way. big spread.
agreed and thanks.
i believe the stock will close green today. there were big bids at 12 that provided big support. it'll come back.
i'm still holding all of mine.
fireman, it was.
some of the traders got out at 13/14. now back to 9.
how we looking l2? 566m, is nite still on ask @1 ?
thanks for the update Dave. looking forward to more contracts and rev for this company.
Wang, thanks for L2.
super support at 12!
go go go!
11 x 13 now. looking good.
bought 900K @ 0.001
we should be getting another PR re the Stem acquisition soon?
did we hit 2s? i see bid back at 1.
actually, what you guys are saying makes me feel better. i had a thought that the number i called was bogus. better yet, i'm not the first one to be feeling like crap after calling! haha
I called the company today, and to my surprise, the receptionist treated me like crap. Below is transcript of what I recall, and in brackets is what went through my head). I don't buy that this company has good investor relations despite the Q&A being updated. I'm not trying to bash the company, but this has not been a pleasant experience.
receptionist answers call: "corporate office" (corproate office? does mdmn have other offices? isn't it "Medinah Minerals"?)
me: hello. may I speak to Les Prince please.
receptionist: you've got the wrong number.
me: oh, isn't this...
receptionist: it's Les Price (ok, sue me for getting his last name wrong)
me: oh, sorry.
receptionist: he's busy. who is this and what's it regarding
me: it's (my name), investors relations
receptionist: ok, go to the website and fill out the form under investors relations
me: i'm a shareholder of the company, you want me to fill out a form?
receptionist: you said you wanted investor relations. so are you a person interested in investing or you own shares in the company (is she stupid or what! whether you are a shareholder or potential investor, it's still called investor relations!)
me: I'm a shareholder, and i think i have the right to find out about what's happening with the company, right?
receptionist: yes, you can do that with the form
me: I can't do that verbally? i have to do that via a form?
receptionist: well, you can't get him, he's too busy on the phone.
me: ok, thank you.
receptionist hangs up without saying goodbye.