Post by nethawk2003 on Mar 1, 2006 11:17:17 GMT -5
I noticed Sterling doing some DD on this stock. I took a look at it and it raised some interest. Info from its website:
Trading Symbol
VWKM
OUTSTANDING SHARES AS OF 10/31/2005
Outstanding Shares 2,964,540,078
Affiliated Restricted 2,029,684,656
The Public Float 934,855,422
AUDITORS
Bagell, Josephs & Company, L.L.C.
Gibbsboro, New Jersey
CORPORATE COUNSEL
Legal & Compliance, LLC
West Palm Beach, Florida
TRANSFER AGENT
American Registration & Transfer Agency
Salt Lake City, Utah
COMPANY CONTACT
Mark Astrom, President & CEO
Phone: 407.346.6771
Fax: 407.843.5997
COMPANY MAILING ADDRESS
57 West Pine Street
Orlando, FL 32801
WEBSITE: www.vswm.com/pages/AboutUs.html
They just completed a share buyback and retirement of 120,000,000 shares in Jan. 2006.
ORLANDO, Fla., Jan 30, 2006 (BUSINESS WIRE) -- Vision Works Media Group, Inc. (Pink Sheets:VWKM) today announced that the company has retired to the treasury 120,000,000 common shares that were acquired per the company's previously announced buyback plan. The company will continue to purchase additional shares to bring the company's worth in line with the market capitalization.
Buyback continuing.
Nationwide satellite carriage deal in place. Set to launch April 1.
Expected advertising sales per month: $1 million
Expected monthly revenue from subs: 2.5-7.5 million
"Astrom added, “Satellite distribution enables New Screen TV to reach each of the top 100 markets were we anticipate long-term revenues between $2,500,000-$7,500,000 monthly in subscription fees alone. With distribution via SES Americom's AMC-10 satellite, our goal of 50 million subscribing households is possible.”
Chart looks good. Maybe some of you can help in doing some more DD on this one. Looks good so far.
Trading Symbol
VWKM
OUTSTANDING SHARES AS OF 10/31/2005
Outstanding Shares 2,964,540,078
Affiliated Restricted 2,029,684,656
The Public Float 934,855,422
AUDITORS
Bagell, Josephs & Company, L.L.C.
Gibbsboro, New Jersey
CORPORATE COUNSEL
Legal & Compliance, LLC
West Palm Beach, Florida
TRANSFER AGENT
American Registration & Transfer Agency
Salt Lake City, Utah
COMPANY CONTACT
Mark Astrom, President & CEO
Phone: 407.346.6771
Fax: 407.843.5997
COMPANY MAILING ADDRESS
57 West Pine Street
Orlando, FL 32801
WEBSITE: www.vswm.com/pages/AboutUs.html
They just completed a share buyback and retirement of 120,000,000 shares in Jan. 2006.
ORLANDO, Fla., Jan 30, 2006 (BUSINESS WIRE) -- Vision Works Media Group, Inc. (Pink Sheets:VWKM) today announced that the company has retired to the treasury 120,000,000 common shares that were acquired per the company's previously announced buyback plan. The company will continue to purchase additional shares to bring the company's worth in line with the market capitalization.
Buyback continuing.
Nationwide satellite carriage deal in place. Set to launch April 1.
Expected advertising sales per month: $1 million
Expected monthly revenue from subs: 2.5-7.5 million
"Astrom added, “Satellite distribution enables New Screen TV to reach each of the top 100 markets were we anticipate long-term revenues between $2,500,000-$7,500,000 monthly in subscription fees alone. With distribution via SES Americom's AMC-10 satellite, our goal of 50 million subscribing households is possible.”
Chart looks good. Maybe some of you can help in doing some more DD on this one. Looks good so far.