anyone heard of this guy?
cant get much
worse than things are now, this might just be a reason
to give out yet another car, options, bonus etc to a
new guy, but i hope there is an upside; if anyone has
backround on the guy please post; i could use good
I just read your message. It touched me the most
of all the post I just read. I can, so much, relate
to your post. I am a novice investor and have
learned much from owning this stock.
I didn't put
my life savings into MDA but 26% of my intial
investment account has ended up in MDA stock. I like you
felt that MDA was a Christian centered stock and felt
compelled to invest (in the ministry). I'm sure the amount
I invested would be considered peanuts to TK and
MDA. I do hope they realize that we have invested with
the thought process of being good stewards with the
money God has blessed us with.
I don't believe
in judging people, can't or won't sue and know I'm
not perfect. I do try to use Jesus as an example in
my life. I can only hope that management has the
A few years ago my husband and I
owned a real estate company. We dedicated the small
business, on a shoestring, to the Lord. We went through
peaks and valleys but didn't waiver from our faith. In
the seventh year of our business, after an extreme
valley, the business increased beyond our greatest
I try to focus on the positive. As in the past,
when things seemed at their lowest point, blessings
started to flow. The greatest blessings for me being my
sons and grandson.
Rischmi, I do feel your
pain, I do wish you well. It is easy to doubt,
especially man. As man is far from perfect. I hope you can
heal from this experience without harming your faith,
as do I.
We question not the Lord but our
own judgement in choosing this stock. May the Lord be
with us all. And may He, especially, help me with my
short fuse. k.
The SEC investigates complaints filed against
public companies.Since they are a goverment agency,
there is no charge and no need for attorney's fees.
The SEC can force disgorgement(return) of any
that they feel are unjustified.Worse from the
standpoint,they could declare that some or all of
$13,000,000 paid to TK and KR was in reality a
(as we all already know),in which case they would
have to return the money or pay an equivalent
to the rest of us.
Perhaps if enough
stockholders filed complaints,
the SEC will investigate.I
for one would love to see
KR justify his
$2,800,000 income last year and especially
$2,000,000 going away present.
posted the info. See message #4051. The URL still
remains the same on yahoo and should work --- but it
doesn't. Maybe it has something to do with the cut and
paste impaired. (sigh)
Sorry 'bout that Brett.
Someone has moved a sizable chunk of MDA this morning.
I'm watching for the bait for the bear.
if MAGI is not getting the revenue? I initially
assumed the same as you. However, it would seem since
MAGI brokered it then MAGI must be getting the revenue
and not TK solely.
I agree with the rest
though. Made me feel sick to my stomach reading
What do others think regarding where the revenue will
I guess I dont understand why MDA would do a
press release on this, its more money for TK, not for
the company. I guess maybe the column might be read
by someone who hadnt heard of his work and buys a
print because of an article he might write, but the
press release of course doesnt mention anything about
why this is such a good deal. I guess I'm still
bothered by his "living simply" talk and "living lavishly"
walk, would like to see his actions change a little bit
before stepping up to a larger pulpit.
Monday July 26, 6:30 am Eastern
Company Press Release
Thomas Kinkade Signs With
Most Collected Living Artist Gets Twice-Weekly
Newspaper Column for National
JOSE, Calif.--(BUSINESS WIRE)--July 26, 1999--Media
Arts Group, Inc. (NYSE:MDA - news) today
Thomas Kinkade, America's most collected living artist
with nearly $300 million in retail sales last year,
has signed a multi-year
agreement with Los
Angeles-based newspaper syndication giant Creators Syndicate to
write a twice-weekly column inspired
by his recent
best selling book ``Lightposts For Living.''
The announcement was made by Creator Syndicate's CEO,
Mike Santiago, and Craig Fleming, President and CEO of
Arts Group, a leading art publisher and exclusive
distributor of Thomas Kinkade's art.
The column will
feature Thomas Kinkade's message of joy, family,
tradition, love and faith and will draw from ``Lightposts
Living,'' published by Warner Books, which reached best
seller status on The Los Angeles Times and The New York
Best Sellers Plus.
``We are pleased to have
Thomas Kinkade join our team of well-known columnists
and cartoonists,'' said Santiago of
Syndicate. ``The value-oriented themes so powerfully
depicted in Thom's art will inspire a column appealing not
only to the
millions of loyal Thomas Kinkade fans,
but also to a broader audience seeking the
life-affirming spirit Thom represents.''
partnership between America's most collected living artist
and America's fastest growing newspaper syndicate is
fit,'' said Craig Fleming of Media Arts
Group. ``We are delighted that Creators Syndicate has
provided the opportunity for us
to bring Thomas
Kinkade's unique perspective on life and living to their
millions of readers.''
The deal was brokered for
Media Arts Group, Inc. by attorneys Robert Thorne and
Gregory Redlitz of Thorne and Company.
Group, Inc. is a leading designer, manufacturer,
marketer and branded retailer of canvas and paper
art-based home decorative accessories, collectibles and
gift products based on the works of artist Thomas
Kinkade, Painter of
Light, which feature Kinkade's
unique use of light and his peaceful and inspiring
Creators Syndicate is the fastest-growing
newspaper syndicate in the world, reaching millions of
readers through its subscriber
base of over 2,600
newspaper and periodicals. The syndicate represents over
eighty political columns, feature columns,
strips and editorial cartoons, including Hillary Rodham
Clinton, Herblock, Ann Landers and Johnny Hart's B.C. and
Wizard of Id.
The foregoing comments include
forward-looking statements and actual results may vary. Such
statements are indicated by
words or phrases such as
``believe,'' ``intend,'' ``expect,'' ``seek,'' ``plan'' and
similar words or phrases. Such statements are
current expectations and are subject to certain risks,
uncertainties and assumptions, including product
efforts, consumer acceptance of Thomas Kinkade's artwork
and of the Company's products based on his work,
distribution channels for the Company's
products and, in particular, the successful implementation
of the Signature Galleries
third party manufacturing relationships and the
continued control of operating expenses. Media
Group, Inc. expressly disclaims any obligation to
release publicly any updates or revisions to such
to reflect any change in its
expectations with regard thereto or any change in events or
circumstances on which any such
statement is based.
Yes on the percentages you cited. But
even with a large dividend for ALL shareholders, the
top 2 would still end up with 10-12 millions dollars
a year (instead of 13-14) so I don't think that
would be a setback at all for them considering how the
stock price would rise.