The Hook:
This company has a history of dilution, symbol change, and then R/S. Notice the proof from pinksheets.com:
Class Notes:
Capital Change=shs decreased by 1 for 200 split. Effective date=2-14-04
Capital Change=shs decreased by 1 for 500 split. Effective date=4-12-04
Capital Change=shs decreased by 1 for 10 split. Effective date=8-10-04
Capital Change=shs decreased by 1 for 1,000 split. Effective date=6-21-05
After extensive DD on this company I feel compelled to open a forum of discussion to debate if history will repeat itself again. Can Mark Astrom CEO of Vision Works Media Group, Inc. break the cycle? To this question I will answer "No". I am going to take the unique aproach of the antogonist(with a hint of protaganism). I'm going to unload all the information I can find and see if anyone or anything can change me to the protagonist mindset. Is this therapy, insanity, or a need to inform fellow investors? Dunno, but here goes.
The Plot:
Vision Works Media Group, Inc. (Pink VSWM): New Screen Television is a new television service that utilizes WRCF-TV Channel 29 Orlando as its broadcast platform. New Screen TV broadcasts films and videos from the independent artistic and production communities, and serves as an outlet for as wide a range of topics, issues,and genres as possible. New Screen Television was founded with a very important mission: To provide the independent film and video communities with an unprecedented opportunity to exhibit their work to as broad an audience as possible. The company aims to nurture, create and exhibit the best new work created by artists from around the country, and from around the world.
Website: vswm.com
Website: newscreen.tv
The Drama:
OUTSTANDING SHARES AS OF 6/22/2005
14,841,280 Affiliated Restricted
3,103,759 in The Public Float
Outstanding Shares as of 8/21/2005
O/S: Unknown
Float: Unknown
Tranfer Agent: Doesn't matter, won't tell you.
All information/DD is welcome here just please remember - "don't hate the investor - hate the company". In other words, let's discuss Vision Works/New Screen, but not attack each other.
Final Thoughts:
Like Warren Buffet says - if the company performs well then the share price will take care of itself.
Can we possibly separate the Pulp from the Fiction?
God Bless - No Doubt
cris
to be continued... |
