People don't understand the power of the internet. Starbucks does. The education tide will be changing and CHGG is ahead of the curve. I invest in companies that are ahead of the curve like NFLX or ATHN. Management team experienced enough to pull this off despite the competition.
I was amused by his filing. He doesn't even realize he owns only 1.5% O/S. Oh well, it was a good read. Mr Koppelman and Paterson spoke during CC. They are real people. Poor Manu
They will probably announce a shuffling of Board positions, keep Manu on the team since he has international connections, and continue productions since money used from reckless dilution has paid off significant debts for Yellow. Nice to see stock rising on the possibility of Manu having new role.
Once a great product hits the market, larger companies need a little data before opening purse strings. SSH just hired MDT Senior VP, and in time MDT will see the great value of SSH over HTWR or THOR
Anyone have further information of Jake Shapiro. Article in Forbes about his multi-million Napa Valley Vineyard failures resulting in several lawsuits, one being settled for 10 million with more probably out there.
Looks like market cap around 4.5 million after this latest dilution, 2 bill shares o/s at .0022. Land deal a neutral to the stock price. If Yellow is a hit, then all this dilution nonsense should be gone as monies go back into treasury for operations going forward. Let the day traders go away also.
I fortunately sold most of NQ at $12 and $18, and if you follow my posts, my initial purchase was around $7-8. I'm glad Omar Khan vindicated and would love to see what earnings are before getting back in. Shorts will suffer, but NQ was at $23 dollars before Muddy Waters involved. Sold last of my NQ for MDNT last month, MDNT getting destroyed by short sellers. CEO has been evasive, but shorts on wrong side of MDNT. NQ longs enjoy this day!!!
He has credibility as an executive running large corporations and he's made his money. I don't think at this stage in his life he needs to find the next homerun, but just remain useful. Just a guess. His connections are extensive. Paterson and Giamichael don't add much to this board. I wish my friends in Vancouver got involved because they are disciplined investors and wouldn't allow the current shenanigans to continue at Medient. But they did give me fair warning several times, that's why I waited until now to invest. I thought if they made it to construction phase, they rest would be ok. Wrong again but I can wait this one out for a while. I'm just utilizing my speculative money for this project.
I live in Savannah, helped finance films in Savannah, and based on tax benefits from Effingham and their line of credit, thought Manu got one hell of a deal from the county. I didn't think he would screw us this quickly, and bought a little for the retirement portfolio 4 weeks ago for the first time when in hit .008. Bought most of my shares at current level. Not too much of a loss, but I hate this dilution. Wreckless. I have friends in Vancouver who walked away from being involved last year (with their warnings noted) but I don't mind small investment into community. This may be a loser for sure. But the land deal and tax deals are really very advantageous for Medient. I hope to meet Koppelman if he visits Savannah.
Just joking. Let's bash him. Actually he's extremely bright and accomplished, but he's just a politician and won't be able to help guide Medient in operations. That's the problem. I'm going to ride this out. Most of my shares at this level anyways, but today's news very underwhelming. Pray Manu has more positive news out of the conference than hiring an ex Gov.. LOL. Crying deep inside.
I'm not impressed. Let's not bash the man because he's legally blind!!! However, what can he really offer the board. Every governor in states which offer tax incentives can say the exact same thing in their press release. How has Patterson helped secure financing for any of those movies in NY; how has Gov. Patterson personally grown the movie industry in NY; how is he going to help Medient in an advisory capacity. Manu needs capital, not bloviators. Heck, that's why we have Manu on board. Stock down 10% already today. The fact that the stock hasn't made a move shows how unimpressed the capital market are with this selection. Manu hasn't fixed the major problem, financing his operations. Hopefully Effingham will help Medient out with more than building the facility. Mr. Koppelman is the only one of the bunch that has any credibility.
Medient needs someone like Mr. Koppelman with his connections on this board. The film business is all about connections and Mr. Koppelman has an extensive network. The unfortunate liability that Medient has is terrible and non profitable terms that Manu may have to live with when it comes to distributing Yellow since he doesn't have much leverage behind the Medient name. People just have to look at what he's done with the stock price to understand that he has no leverage with his "extensive" background.
He's on the board! Background a little suspect covering Chinese companies which became fraudulent. Don't really understand how he's an asset to Medient. Koppelman a definite asset.
Another article, DEER was not a good call either.
Shortly thereafter local police in the hometown of SVM’s Chinese subsidiary made the first arrests. Rui Feng’s fight against the “short and distort” had achieved what seemed like a major victory. With short sellers’ researchers in jail, how could anyone document and collect any more evidence challenging SVM? The local police performed exactly as expected, yielding immediate and tangible results for SVM’s campaign to silence its critics.
News of the arrests spread, naturally firing up the bullish animal spirits and prompting Global Hunter Securities analyst Joe Giamichael to publish a research note on January 23rd citing the arrests of short sellers’ researchers in China (here) as first among several reasons to be bullish again on depressed Chinese reverse merger stocks. Mr. Giamichael then specifically highlighting DEER as among five of “those best positioned to create value over the balance of 2012” and explaining that the timing and conditions were right for a short squeeze.
Unfortunately for DEER investors, Joe Giamichael’s bullish timing once again could not have been worse. Just three days later on January 26th FBI agents raided Benjamin Wey’s NYGG Wall Street headquarters. An FBI spokesman interviewed by the New York Times (here) confirmed that the agency “conducted a search in conjunction with an ongoing F.B.I. investigation.”
On January 31st, Joe Giamichael abruptly dropped coverage of DEER (here) to better “allocate resources elsewhere.” Clients familiar with Mr. Giamichael’s research should question how DEER suddenly became a waste of resources. Mr. Giamichael had a “buy” rating on DEER since 6/15/10 and only the week before considered DEER one of the “best positioned to create value over the balance of 2012.”
FUQING CITY, CHINA, Dec 06, 2010 (MARKET WIRE) --
Guanwei Recycling Corp. (NASDAQ: GPRC), China's leading clean tech
manufacturer of recycled low density polyethylene (LDPE), reported today
that leading U.S. securities firm, Global Hunter Securities LLC, has
initiated coverage of the Company with a "Buy" recommendation and a price
target of $7.00 a share. The research report, published on November 7th,
is authored by Mr. Dimtriy Shapiro, Senior Equity Research Analyst and
Mr. Joe Giamichael, Director of Research.
Look at the 5 year chart of GPRC.
I would like to see his overall track record at Global Hunt Securities, LLC.
From May 17, 2010.
Global Hunter Securities Expands China Practice, with Barney Monte, Joe Giamichael Joining Firm
Global Hunter Securities today announced an expansion of its China sector practice with the hiring of industry veterans Barney Monte and Joe Giamichael as managing directors.
Monte will lead the firm’s China investment banking group, and Giamichael will lead China research. They both will be based in New York.
“As the number of China-based companies whose securities trade in the U.S. continues to grow, we are adding some of the finest talent in the business,” said Daniel O. Conwill IV, chairman and chief executive officer of Global Hunter Securities. “Our China practice is a top priority for Global Hunter, and Barney and Joe will help lead its further expansion. Both executives possess the highest qualities of professionalism and experience that our clients demand and have come to expect.”
Monte most recently was head of the China investment banking group at New York-based investment bank Rodman & Renshaw. He previously was vice president of Akin Bay Company, advising clients on cross-border mergers and acquisitions in China, and also was an analyst with HSBC Securities. At Global Hunter, he will oversee a dedicated China investment banking team that will focus on registered direct offerings, secondary offerings and IPOs.
Giamichael most recently was director of research and senior China analyst at Rodman & Renshaw. He previously was managing director of CJS Securities, focusing on small cap companies in a number of sectors. Global Hunter currently provides research coverage and monitors more than 50 China-based companies whose securities trade on U.S. exchanges.
Approximately 100 China-based companies, ranging in market capitalization from $50 million to more than $1 billion, will make presentations to approximately 250 U.S.-based institutional investors at the company’s inaugural 2010 China conference, to be held J
The following table sets forth, as of December 31, 2014, the number and percentage of Our outstanding shares of common stock owned by (i) each person known to Us to beneficially own more than 5% of its outstanding common stock, (ii) each director, (iii) each named executive officer and significant employee, and (iv) all officers and directors as a group.
Manu Kumaran 0 common 0% 1635 Old River Road
10,000,000 preferred Bloomingdale, GA 31302
Graham Bradstreet 1,500,000 common 1.37%
Pankaj Kapoor 4,625,000 common 4.21%
Matthew Mellon 5,150,000 common 4.69%
Charles Koppelman 5,000,000 common 4.55%
Joseph Giamichael 1,100,000 common 1.00%
Directors/ Officers 17,375,000 common 15.82%
As a group six (6) persons 10,000,000 preferred 100.00%
Joel Shapiro 3,000,000 common 2.73%
Pankaj Rajani 2,750,000 common 2.50%
Al Imran General Trading 3,250,000 common 2.96%
Jasmine Valley 3,000,000 common 2.73%
Dinesh Panicker 3,250,000 common 2.96%
Shilpa Sharma 2,250,000 common 2.05%
Based upon 109,841,420 outstanding common shares and 10,000,000 outstanding preferred shares as of December 31, 2013.
How many outstanding shares NOW????
In 2012 and 2013 We generated revenues from the release of Storage 24, and the sale of prequel and sequel rights on the film. It is anticipated that accounts receivable therefrom will be paid to the Company in the third quarter of 2014.
We will be releasing the film Yellow both domestically and internationally either late in the second quarter or beginning of the third quarter of 2014. In addition to the revenues generated by Storage 24, the Company has raised sufficient investor capital to cover the Company's overhead requirements pending the release of Yellow. Upon the film's release, the net proceeds of the film are expected by the Company's management to not only fund the Company's operations, but also provide capital for additional new film productions. The Company has completed or has financing agreements in place for the Property, and $40 Million in special effects, production and post production equipment and services. The Company is currently working to complete additional project financing for the construction of the Studioplex.
By selling 300,000,000 shares for a grand total of ????