Monday, April 18, 2005 9:27:41 PM
My reply from JF -
Mike, direct from Germany/England. Today we Authorized the use of part of the 2 billion to allow employees/consultants to purchase stock to assist in funding the company. These funds would be used for inventory and marketing. I try to keep 75 percent inventory and 25 percent for marketing/overhead.
My reply back -
Mr. Fleming,
thank you for your response. I have to ask though: Are these shares for employees to be purchased by the employees or given to the employees (big difference). I understand consultants will be paid with shares for services. Also, you increased the authorized amount to account for the financing deal. Does this not mean that because you are decreasing the ratio of the shares available for the financing deal, that some point in the future, you will not also have to increase the authorized shares again to account for the 200 million? I really want to keep the faith with Gameznflix as i believe in the business plan. However, with a year long stock price decline and only a minimal amount of subscribers, it is becoming increasingly difficult to see the future benefits. I honestly cant see the stock price returning to earlier levels without some wonderful news. i also fear that by the time the news that i am looking for "profitablity" comes, the stock price will be so low it wont matter. Thank you for responding so quickly. From your response i can see that you are obviously very busy at the moment
Mike, direct from Germany/England. Today we Authorized the use of part of the 2 billion to allow employees/consultants to purchase stock to assist in funding the company. These funds would be used for inventory and marketing. I try to keep 75 percent inventory and 25 percent for marketing/overhead.
My reply back -
Mr. Fleming,
thank you for your response. I have to ask though: Are these shares for employees to be purchased by the employees or given to the employees (big difference). I understand consultants will be paid with shares for services. Also, you increased the authorized amount to account for the financing deal. Does this not mean that because you are decreasing the ratio of the shares available for the financing deal, that some point in the future, you will not also have to increase the authorized shares again to account for the 200 million? I really want to keep the faith with Gameznflix as i believe in the business plan. However, with a year long stock price decline and only a minimal amount of subscribers, it is becoming increasingly difficult to see the future benefits. I honestly cant see the stock price returning to earlier levels without some wonderful news. i also fear that by the time the news that i am looking for "profitablity" comes, the stock price will be so low it wont matter. Thank you for responding so quickly. From your response i can see that you are obviously very busy at the moment
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