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onewaytomars3 871 posts  |  Last Activity: Jun 2, 2013 9:20 AM Member since: Mar 28, 2011
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  • Reply to

    BOD NEEDS TO BE REPLACED

    by dhnater Mar 26, 2013 8:39 PM
    onewaytomars3 onewaytomars3 Jun 2, 2013 9:20 AM Flag

    This isnt simply a case of negligence or non-disclosure lol, this is a case of fraud, puposely overpaying for aquisitions, and laundering shareholder money under the guise of fake expenses and fake revenues.

    Funtown and T2CN simply cannot bring in the states revenues they claimed for the last 5 years, they are free to play mostly barren sites with 10 year old games. Furthermore, anyway you slice it, they were claiming 75-80million in advertising expenses for at least 2 years. Thats the equivelant of saying It cost me 20million dollars to buy my family a dinner at red lobster. Its impossible given what they own, the sites and so on. Its imaginary.

    The BOD were criminals, not simply negligent. They siphoned off money illegally through accounting fraud, phoney revs/expenses and overavlued takeovers of friends businesses. I would really doubt the Koos and Wang/Hui didnt know the IAH owner and told them "we'll buy over your #$%$ business for 10x fair value if you kick us back 10mil in briefcases" or something along those lines.

    GIGM has nothing going for it. It has maybe $1 in real assets, of which they really have no business at all left, its a shell. IAH and Funtown are like barren shells with no real operations to speak of and even if they were real they'd cost a TON of money to license games just to keep them operating negatively..

    What is GIGM worth. $0 realistically, $1.00 if you want to add up all the money you'll never see in your lifetime.

    GIGM's directors are launderers for the Koos and themselves its that simple. They take shareholder money, wash it through phoney expenses that are imaginary, phoney revs, and then put it in the back of their cars.

    Why would they liquidate a company they designed to launder money from you. Its more likely they will try to let another year or two pass, then try to reverse split and sell $100mil in stock to try to launder again over a few years. Thats far more likely.

  • Reply to

    BOD NEEDS TO BE REPLACED

    by dhnater Mar 26, 2013 8:39 PM
    onewaytomars3 onewaytomars3 May 29, 2013 11:05 AM Flag

    dhnater, i been on this board for 12 years. GIGM is a SCAM. it is a laundering operation to take money out of shareholder accounts and put it in their own hands, via purposely overvalued takeovers, overvalued game licenses on their MOSTLY FAKE platforms.

    they took IAH games over at 10x fair value, so a friend could kick back GIGM shareholder money to the koos/directors.

    the ex-directors, Hui and Wang ran after stealing untold hundreds of millions.

    their advertising expenses for YEARS appear 95% fake. they claim 80mil in ad expenses in 2008,2009,2010 and so on.. when the entire WSOP poker sponsorship cost them a mere 6mil and the Funtown/TC2N platform scams look like it was made in 1995 and has no real income or traffic of the merit they report.

    Does GIGM still have some money in the bank? Yes. But this entire company is a piece of paper laundering operation.

    Your wasting your time analyzing anything. Either they liquidate, commit more fraud and pump their stock, or just steal the rest over the next 5 years and look to do another fraud offering like they did in 1999.

    This company is a fraud. They defrauded Criterion in 2007 with their phoney T2CN and Funtown financials, the only real thing was Everest and thats LONG sold and was worthless after 2 years.

  • Reply to

    just sent an e-mail to the CEO and IR

    by longterm1998 Apr 2, 2013 4:00 PM
    onewaytomars3 onewaytomars3 Apr 5, 2013 11:26 AM Flag

    why would GIGM directors want to meaningfully buy back or enrich shareholders of a scam they use to launder out money FROM shareholders. you act like GIGM is actually a real business, but for 14 years the Koos and Directors have used GIGM's stock as a laundering vehice to:

    1) purposely mis-state revenues and any profits etc
    2) purposely mis-state expenses/ad expenses
    3) purposely buy over "Friends" companies at 5x fair value to launder out GIGM shareholder money.
    4) purposely launder out money under 1+2 above
    5) purposely suicide money to "Friends" game licensees for kickbacks.
    6) purposely trade their own stock, discreetly, or trade it through others probably..

    GIGM is a laundering vehicle. They keep stealing money, period.

  • Reply to

    Now...

    by z_ragtag_group_of_jokers Mar 12, 2013 5:07 PM
    onewaytomars3 onewaytomars3 Mar 12, 2013 5:38 PM Flag

    these fraudsters have made a buiness out of laundering shareholder money out via phoney expenses, revs, takeovers and so on.

    i dont know what GIGM is doing nowdays, nor do I care. At some point maybe the stock will touch $2.50 again, or maybe not.

    All I know is that GIGM is a scam, committing major laundering/fraud from 08-11' when all their BS phoney revs from T2CN and Funtown and all those takeovers of their "friends" companies for 10x fair value to launder out GIGM shareholder money, while they all got kickbacks from the Koos.

    GIGM is a fraud scam, and should be investigated from 06-12'+. All it would take is the SAIC filings in china to show how much fraud they committed via takeovers of friends companies for 10x fair value, and their phoney revs in china.

    their current revs are probably all fake. Aside from That box retailer which makes no money, what else do they own? nothing.

    GIGM is a joke scam.

  • onewaytomars3 by onewaytomars3 Jan 21, 2013 9:59 AM Flag

    I closed my account at end of catacylsm, didnt even try panda's lol.. i tried the free 10 day offer to play pandaria, and guess what, i spent the entire time playing a twink in pvp. thats how boring i feel the game has become.

    Without dark themes and cinematics, new things to do, and things that arent cliche (like making a map like china...) it just sucks.

    WoTLK was pretty good. I liked the cinematics, dark themes and new wintergrasp alongside even raiding which i did nightly.. Now its just stupid. Panda's, china, and same old #$%$.

    Whatever happens to WoW i dont know, but i think its just bland. It can recover big time if they get back on track but getting back those alienated players are gonna be rough or impossible. The only thing that would probably get me back at this point is a return to what im speaking of, alonside a 2 month free play coupon for old players to try their revamp. Pandaria just isnt that revamp, even with the 10 free days i didnt want to play.

  • Reply to

    BUY recommendation from Sheezy.

    by sheezymcneezy2 Jan 8, 2013 11:07 AM
    onewaytomars3 onewaytomars3 Jan 14, 2013 1:41 PM Flag

    'sheezymcneezy2' nice to meet you, now go find the real sheezymcneezy haha

  • Reply to

    Buy AMZN with a PE of 3,178

    by masterblastersims Jan 7, 2013 10:13 AM
    onewaytomars3 onewaytomars3 Jan 7, 2013 2:29 PM Flag

    well in my response obviously options are part of the "gambling" conspiracy that AMZN represents. given that AMZN has a moderate market cap, its not bound by logic as much as lets say XOM is either.

    AMZN is just a scam. Its probably the biggest scam tool of HFT and other things they abuse. I wouldnt go near it, long or short.

  • Reply to

    Buy AMZN with a PE of 3,178

    by masterblastersims Jan 7, 2013 10:13 AM
    onewaytomars3 onewaytomars3 Jan 7, 2013 10:15 AM Flag

    its not a stock, its a gambling/laundering vehicle. dont treat it like buyers or holders are investing, they are just throwing craps at this crap and laundering out taxpayer money as the same time.

    it can go to $300, $400, $500, heck even $700, but eventually it will sit at $50-$70 for 3 decades at the end of the scam.

  • onewaytomars3 onewaytomars3 Jan 4, 2013 8:27 AM Flag

    the only way GIGM will rise is if they put out phoney income statements on the profit/rev side. this involves having to prove to banks, presumably, that the net profit is in the balance sheet, which is more difficult for a company like GIGM which has a real balance sheet but fakes a lot of their business in china to launder out money from the balance sheet.

    i dont really remember your thoughts for the last 3 years sleven because you didnt post often. i think you were positive some times and negative other times.

    either way you slice it, GIGM is a scam laundering vehicle, and has stolen over $250million since 2008 under the guise of BS expenses (particularly ad expenses), kickbacks on licensing games on a BS platform and so on.. The Koos use GIGM to launder. End of story.

    If it rises, it will be on the back of more laundering, because thats ALL GIGM is a laundering vehicle.

    Anyone who wishes to gamble on this laundering vehicle, be sure to only trade it and never hold it like Criterion who lost $100mil in 2009 LOL... their money was landered straight to directors.

  • Reply to

    Nothing but GIGM Insider Sells.

    by robertcreis Jan 2, 2013 8:00 PM
    onewaytomars3 onewaytomars3 Jan 3, 2013 9:35 AM Flag

    criterion sold all their shares to market makers in 2009 at around $4-$5 if i remember correctly. There were NO buyers either institutional or retail since then, thus, those shares remain in market makers hands at a near 80% loss.

    Thats why GIGM often pops to $1.50 or $2.00, so market makers can try to find idiots to absorb their stock of shares that are underwater LOL.

    Im sure that if GIGM starts posting more fake financials the market makers would be overjoyed. But so far, GIGM is only reluctant to screw around with rev's, expenses and so on, to launder money out of the balance sheet, which is 100% real. The balance sheet is real, but since they need to launder out theft for the last 3-4 years, they simply rig expenses and revs in china and steal millions.

    thats why Wang, Hui and the other moronic CEO left. because they were done stealing.

    now the question remains, what potential is left for the Koos and their cohorts to use GIGM as a laundering vehicle going forward. Just like XING and CBAK, GIGM is nothing more than a scam that launders money under fake business dealings.

    But market makers own like 80% of all the stock here, looking for buyers, so GIGM ALWAYS pops sooner or later temporarily.. until the scam melts back down again.

  • Reply to

    The new CEO purchased a total of 961,200 shares

    by longterm1998 Dec 27, 2012 10:17 AM
    onewaytomars3 onewaytomars3 Dec 28, 2012 9:36 AM Flag

    i dont know or care about what he bought. GIGM is a fraud laundering vehicle. This guy is the 3rd CEO. long, you were praising the last CEO as a revolutionary guy with tons of prior experience, now your on this.. so stupid.

    GIGM will always be a laundering vehicle for fraud. I dont believe their reporting one bit, except for their balance sheet which is harder to doctor. Their operating income, based in china/asia, is imo, probably mostly phoney and has been for 5 years while they launder assets out of the balance sheet.

    going forward, GIGM is only as good as what it can lie about. if this 3rd CEO can doctor their earnings reports to report phoney revenue/earnings they the stock will fly as idiots jump on like their fraud pre-2010 i guess.

    if he bought 1mil shares (i dont know or care im not checking) then maybe hes ready to doctor earnings..

    if you can trade this fraud from $1 to $2 then by all means try to do so. as for me, id rather just not touch it, although since GIGM's balance sheet is at least real, its a safer fraud than XING or CBAK for example.

    the problem with GIGM is its just a theft vehicle by insiders and the koos to launder money. GIGM, being a dead POS that stole about $200mil in a few years, is probably itching to sell stock to fools going forward to raise cash and launder it out through 2015 lol!

  • onewaytomars3 onewaytomars3 Dec 14, 2012 8:16 PM Flag

    $3.24 is presumably the same price as $13 pre-deal, so if they wanted KCG they had 2-3 years prior to the meltdown to buy it at $11-$15.

    ultiamtely, instead of 90mil shares outstanding theres 365mil shares, so thats 4x as many. 3.25 x 4 = $13.

    besides, theres lawsuits pending, no real business, and also a fake book value from 15 to 1 leverage here.. presumably, since KCG common was worth $0 in bankruptcy court.

    i have no clue if they'll buy KCG for $3 or $4 but i doubt it. The fact remains they own 75% of all the shares already, i guess they could buy the rest for $3 or $4, but why.?? theres no real upside to KCG privately, and they couldve bought about 300mil more shares at 1.50 if they wanted during the deal, thus bringing their entire ownership to 95%..

    either way, if ur lucky you'll get a buyout over $3, but i dont see why any firm would want KCG. maybe im wrong, either way, without a buyout KCG is near worthless..

  • onewaytomars3 onewaytomars3 Dec 13, 2012 10:49 AM Flag

    you are retarded. i was here in 2004 when GIGM was $1. It moved from $1 to $25, because of phoney T2CN and Funtown numbers, alongside a Everest which died after 1-2 years of earnings, and the insane market caught up in online gambling nonsense valued it at 40 times Everest's earnings when it died in 2 years lol!

    Even during that entire period they were STILL laundering money as described, Everest was the only real operation and it died now its gone, and they laundered all the money they sold it for in 2009/2010.

    FB is worth like $10, $15 or $20 perhaps, it wasnt worth $38 or $45. And amazon at $300 isnt worth more than $75 either. But the market is both corrupt and irrational, but i never stated FB is a laundering vehicle like GIGM, its just a Scam IPO vehicle to let insiders cash out of something worth 20% of its market price.

    your just grasping at straws, FB isnt engaged in fraud, they just sell overbloated stock (ie a scam).

    GIGM is actually engaged in fraud, like every other chinese FART out there with operations in china or asia.

    At 90 cents, you just wanna pump this fraud for a trade, thats fine i hope it works out, but dont pretend the fraud isnt a fraud just because its a cheap fraud LOL!

    idiot.

  • Reply to

    No share buybacks – Chen's unconvincing excuses

    by hdoe1000 Dec 12, 2012 6:30 AM
    onewaytomars3 onewaytomars3 Dec 13, 2012 9:14 AM Flag

    what is chen, the 3rd ceo of this fraud in a year?

    GIGM is a laundering vehicle, what dont you understand about that? They exist so they can slowly, secretly, steal money under the guise of actual business, which is fake or overstated.

    Thus, why would they use funds they plan to launder, to purchase stock in a laundering vehicle? lol.

    If your stupid enough to believe GIGM actually has any meaningful business, then the other side of it is they need funds in the future to license games to stay in business. If your stupid enough to believe funtown and T2CN's books down in china rofl... their real revs on SAIC filngs are probably like 5% of what they state to the SEC.

    Jeff Koo Jr is a #$%$, hes already convicted of shareholder fraud in taiwan. He and his siblings and their directors in this revolving door have been siphoning/laundering money out under #$%$ expenses and overvalued takeovers for kickbacks just like CBAK did for years.

    Do you think 2 phoney websites cost 80million in advertising expenses in 2008, 2009? The ENTIRE WSOP sponsorship cost 8million. So do you really think they spent 10x that on ad expenses per year?

    IF thats fake, which it can be assumed it is, entirely, then revenues are fake also. And the only incentive to fake revs, expenses and so on... is to launder out money while pretending you lost money quarterly to shareholders...

    Its common, CBAK did it, XING did it, they operated a phoney cell phone business for 10 years while they simply stole money with no real business. ITS COMMON. GIGM might have a buck in real assets but their business and their laundering makes GIGM worth nothing, it was never worth a cent.

    GIGM is still alive because the #$%$s probably think they'll try and sell more stock in a year and keep laundering. GOOD #$%$ luck if you buy any new stock this POS fraud ever issues.

  • onewaytomars3 onewaytomars3 Dec 13, 2012 7:17 AM Flag

    tangible book is 1.20 or 1.25, thats not "1/3rd of book" unless you add in this fraud's intangible assets which are erroneous and worthless, and probably a lot of their "other assets" are nonsense too.

    notwithstanding that, its a laundering vehicle with no real business. thats why i said to sell it consistently since 2008, while you said to keep buying.

    so your opinions are moot, since your record is always wrong.

    GIGM is a laundering vehicle to steal shareholder equity, like most asian frauds are. They have done so for years, like XING or CBAK, and while they still have a buck worth of real equity left, thats not comforting since you will never see a penny in your lifetime from this asian fraud.

    fair value might be 1.10 right now, id pay ZERO and it might pop as high as $2 at some point so market makers who own 70% of all the stock after criteirons sales try to find buyers with alzheimers or dump to fools.

    T2CN was a fraud and was stolen from GIGM, they overpaid on purpose in 2007 for 2 frauds, funtown and T2CN. they stole millions in phoney expenses same time, advertising expenses were 80mil a year BOGUS.. revenues probably mostly bogus..

    dont waste my time with your delusions sucker who is always wrong..

  • onewaytomars3 onewaytomars3 Dec 12, 2012 7:15 PM Flag

    nobody said GIGM cant pop to $2, its probable actually since market makers own 70% of all the stock on this POS fraud.

    the point is, no matter what this fraud is trading at, its just a worthless laundering vehicle.

    if you can trade it from $1 to $2, by all means do it. Even XING went from $1 to $2 many many times, before ultimately hitting zero.

    GIGM has some assets, but they have no real business, and are a laundering vehicle like the last 5 years.

    trade it sure, dont own it.. lol.. or havent you learned after this POS fraud went from $1 to $20 then to 90 cents.

  • Reply to

    GIGM will run hard soon

    by stephanfeldstein Dec 6, 2012 1:25 PM
    onewaytomars3 onewaytomars3 Dec 11, 2012 5:17 PM Flag

    you mean laundering, not launching. thats all GIGM really does, contrary to what they claim.

  • Reply to

    from IR

    by longterm1998 Dec 5, 2012 4:12 PM
    onewaytomars3 onewaytomars3 Dec 5, 2012 8:40 PM Flag

    ask brad for invoices from 2007-2010 regarding their absurd 80million a year advertising expenses. also ask brad for invoices on all their bank statements with funtown/t2cn from 2006-2012.

    then get all the SAIC filings in china for funtown and T2CN from 2006-2012, and you'll find out just how fake this POS is probably.

    the only real thing is their balance sheet, which they launder via the above, fake revs, expenses and #$%$ takeovers of phoney companies.

    guess what, is this their 3rd CEO in a year? Yeah they are really going for transparency.

    GIGM IS A LAUNDERING VEHICLE, like almost every asian fraud. its more lucrative to sell stock, launder out the proceeds, then actually creating a business that is profitable.

    thus, GIGM got lucky in 2007, sold everest poker for 100mil, and laundered it out in 2 years. much like their lucky stock gains on korea, they will launder that out too.

    they laundered out all assets from the 2000/2001 IPO already. they laundered out the everest sale $ already, and they have 1.20 in assets left basically at best, that will be stolen too.

  • onewaytomars3 by onewaytomars3 Dec 5, 2012 3:06 PM Flag

    but you know how taxpayer funded banks do it. they pay 2x fair value minimum.

  • onewaytomars3 onewaytomars3 Dec 4, 2012 8:17 PM Flag

    probably shulze had friends buy or sell options or something to pocket 25mil real fast. hell i remember that billionaire made a fake bid for PAX before it went under..

    i seen it so many times its actually laughable right now. anytime theres just an "offer" for a bid, its almost always a vague, bullsht fake offer to insider trade that will be yanked after they are done.

    or remember WPTE's fake bid by doyle brunson for $30? then it went bankrupt 2 years later.

    fake bids are rampant in this fake market. its how the big boys insider trade.. learn something.

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