Hey guys, I couldn't take it any longer so I called MVEE's investor contact: Mr.Bentz in CA. Of course, we all know about the announcement of the premiere. However, he was able to answer a couple of important questions that I had which I want to share with all you guys. But please don't get upset with me, cause i 'm still learning about investing, I thought it was an interesring experience though, actually getting to talk to someone at the company that we all own!
First, he said the big dogs like Warner Bros and Paramount...etc will be there for the premiere! Which I believe Capitalism had first mentioned!
Second, Steven Segal's son DOES have an agreement with them to make some movies, they just haven't found the right ones for him yet!
Third, About Kumete, he said that it is still in early development and is still a long ways away- and this might be one for Steven's son!
Fourth, Right now they are gonna begin filming Escape to grizzly mountain! Starting in Feb, it is already funded by tommorrow Films!
Fifth, Delta force one has not yet been completed to date. He said they should finish it up around end of march! They will probably market this one the same way as Speedway Junky!
Sixth, they plan on filing with SEC by next month and he was firm about this!
Seventh, and probably most important, I asked why these guys came back and he said that some banking institution offered these guys funding to make movies if they would agree to come back, so I guess they did!
He even told me that when these guys were with up Cannon films, they had a deal with Warner Bros. where Warner Bros gave them a swinging line of credit of $200Mil to make movies for them.
He said that they will be trying to use their old contacts at Warner Bros to get the same type of credit line again! probably not as much as $200mil initially, but just having warner Bros. as their backing would be extremely helpful to the growth of the company an dgreat news as well- but i don;t know if Warner bros will accept or not! He said they are planning on meeting with warner Bros to discuss this in the near future!
I thought I would just share all this info with you guys! As you all know I am still learning much about investing So maybe some of you could tell me how much of this stuff is really worth believing!
I mean I am not lying to you all, I just wonder how much of this stuff is hype since it's coming from the investor relation group!
In your experiences do these guys normally tell the truth or do they always try to hype up the stock???
Sorry for the long message, but I thought that a lot of it was worth sharing with all of you!
I truly do believe for all us long termers that this stock could really be as successful as cannon was! I gonna stick it out and buy more at these prices!
Thanks,
John |
