InvestorsHub Logo
Followers 480
Posts 60642
Boards Moderated 18
Alias Born 09/20/2001

Re: J0L post# 97871

Friday, 02/24/2023 8:44:19 AM

Friday, February 24, 2023 8:44:19 AM

Post# of 98669
That's funny... First appearance of Paul Sorkin:



CHICAGO, IL--(MARKET WIRE)--Jul 10, 2008 -- Invicta Group Inc. (OTC BB:IVIT.OB - News) has closed on the acquisition of the assets of City Book Savings (www.citybooksavings.com) from IMAGE Worldwide, Inc. (Other OTC:IMGW.PK - News). City Book Savings is a high-end 4-color glossy direct mailing market book. William Forhan, CEO and Chairman, Richard David Scott, President, and Mercedes Henze, Secretary, all resigned from the board and elected Paul Sorkin as President, CEO, and Chairman Invicta Group. William Forhan stated, "We believe Paul Sorkin's marketing experience will be of great value in expanding Invicta's current operations, along with bringing more great products to cross sell customers. Paul will also be able to cross sell all IMAGE Worldwide products also with Invicta." Paul Sorkin stated, "Invicta will see great cost savings on marketing by hiring IMAGE Worldwide to become the marketing firm of Invicta."
ADVERTISEMENT


Mr. Sorkin has served as CEO and General Counsel at IMAGE Worldwide, Inc. from 2007 to the present. From 2005 to 2007, Mr. Sorkin served as CEO and General Counsel at Image Nationwide, Inc. From 1996 to 2004, Mr. Sorkin served as COO and General Counsel at S & B Collectibles. Mr. Sorkin holds a B.A. degree from the University of Illinois (1993) and a J.D. degree from Chicago Kent College of Law (1996).



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=30591086


Guys...IMGW is the parent company of IVIT now, and IMGW has only a 15 million share float (Paul Sorkin and his family own 7 million). It is trading at 0.005.

It is IMGW that is grossly undervalued here, and should run because of this deal...IMGW could easily be a 10-bagger if it gets volume

From the 8K:

As a result, the Seller holds the right to five billion (5,000,000,000) votes. As of June 18, 2008, we had only 223,965,883 shares of our Common Stock outstanding. On this basis, control of our Company has passed to Image Worldwide, Inc. since Image Worldwide, Inc. now holds 95.71%

of the voting rights for all matters that may be submitted to the holders of our stock (before including the effect of the exercise of any options or warrants, or the conversion of any convertible securities). Image Worldwide, Inc. is a publicly-traded company (pink sheets) and whose President and Chairman is Paul Sorkin.

As a result, Image Worldwide, Inc. effectively controls the Company and stockholders who acquire our common stock will have little or no ability to influence or control the Company's affairs, elect directors, or have any meaningful ability to have any impact on the future direction of the Company.


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=30620570


** IVIT DD:

~ IMGW has just acquired 95% of IVIT, an OTCBB Shell with 224 mil O/S.

~ IMGW: 15 mil available float, 7 mil held by insiders (total 22 mil), NO DILUTION

~ IR mentioned that IMGW has been working on OTCBB uplisting for the last few months. Is IVIT (an OTCBB shell) the vehicle? OR is a divy/spinoff coming?

~ Paul Sorkin, CEO of both IVIT and IMGW, developed his previous sports business from $1 million to $100 million in 8 years, plans to do the same with IMGW/IVIT:
http://www.smallcapvoice.com/imgw/imgw-2-28-08.php

~ Sales up 146%, Profit Margins up 1158% in 2007
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29161082

~ IMAGE Chicago Magazine - a premiere fashion and entertainment
magazine
http://www.1888pressrelease.com/image-chicago-magazine-celebrates-with-kelis-on-the-cover-pr-e1y8010zo9.html

~ IMAGE currently attracts more than 10,000 visitors to its events per month.

~ IMAGE's websites attract approximately 100,000 visitors generating over 6,000,000 hits each month. www.IMAGEworldwide.com, www.IMAGEchicago.com, www.RealityIMAGE.com, www.ShequeChicago.com, www.lacalienteradio.com, www.cluboasisky.com.



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=30630895


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y