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prado

03/13/10 5:49 PM

#17731 RE: Rhythm88 #17724

I disagree with your statement:

"If they already were profitable they would not be on these exchanges."

Take a look at TDGI's recent financial filing:

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=28921

The only negative numbers you will find there are:

Accounts receivable, inventory and accrued royalties.

TDGI IS already profitable if you care to look. Moreover, all of their debts are paid and any financing that has been needed to acquire film rights etc has been through off balance sheet financing. Tell me of another pinksheet stock like that.

Making generalizations about all stocks on a particular exchange is like making generalizations about a bushel of apples where some of the apples are bad. Just because some of them are rotten doesn't mean that there isn't at least one juicy delicious apple in their to eat.

Also, I'd like to see you put together an IPO on the NYSE. When you are able to do that, let us all know.
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caltrader

03/13/10 6:18 PM

#17732 RE: Rhythm88 #17724

There are more and more reverse merges through shells on the pinks versus IPOs compared to 5 or even 10 years ago. This is now an easier and less expensive way to get listed.

The company will uplist within the next 2 months and then if things go well, could be on a larger exchange in a year.

Just because it's a pink sheet doesn't mean it's a scam. Look at the CEO and the assets and the revenues. The assets alone are worth 0.06 a share.

For a first post I would have expected more DD than just to paint this pink sheet stock with the same old brush.

This company only really came into existance on Dec 9,2009 with the reverse merge. It's been 3 months. You will see a significant increase in SP over the next few months and then you will have wished you followed your quote about DD is king.

We live by it and that is why we were here before you. LOL
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The Rainmaker

03/14/10 12:44 AM

#17756 RE: Rhythm88 #17724

Thanks for stopping by the board. I would just add one thing to your list......

If they already were profitable they would not be on these exchanges.

Unless they just completed a reverse merger recently and need a little more time to get to those higher exchanges like TDGI who is already profitable and projecting another 500-1000% revenue and earnings growth for 2010.

Target Development Group Acquires Entertainment Distributor Hannover House in Stock Swap Agreement. Dec 09, 2009.....

Due to corporate restructuring, Hannover House only released one title to DVD and Blu-Ray for the entire year of 2009, specifically "Hounddog," which was originally listed at $19.95 for DVD and $24.95 for Blu-Ray units. Despite the absence of other releases or catalog sales efforts,
Hannover House still posted a respectable bottom-line profit for 2009 of $485,000.
For the calendar year 2010, the company is pursuing a greatly enhanced release slate, led by six, major theatrical releases, five new release books, and thirty new release DVD / Blu-Ray titles.