Showing posts with label cmgr. Show all posts
Showing posts with label cmgr. Show all posts

Friday, November 4, 2011

Want To Turn $11,000 into $.001 in Less Than A Year?



Want To Turn $11,000 into $.001 in Less Than A Year? .... buy CMGR stock. In less than a year, split adjusted, CMGR has dropped from $11,000 to $.001. A few years ago CMGR did have a fantastic rally, in spite of the fact that it is a reverse split offender that does nothing more than print fresh shares of stock on a daily basis.

In this market sometimes the absolute worst stocks rally, and the ones with solid financials languish.











Camelot, Incentive Capital Reach Settlement Agreement on Liberation Film Library Marketwire   "Press Releases"
UNIVERSAL CITY, CA -- (MARKET WIRE) -- 11/04/11 -- Camelot Entertainment Group, Inc. (PINKSHEETS: CMGR) ("Camelot") and Incentive Capital LLC ("Incentive") announced today that they have reached a settlement agreement resulting in the dismissal of all legal action between the two companies and several individuals stemming from the acquisition of the Liberation Film Library ("Library") by Camelot in April 2010 .

In accordance with the terms and conditions of the settlement agreement, Incentive will assume complete and immediate ownership of the Library. Camelot Distribution Group will continue as a distributor of the Library through May 31, 2012 .

"We are glad that we have reached an agreement with Incentive that will be of great benefit to both companies," stated Camelot Distribution Group President Jessica Kelly . "This agreement puts an end to the litigation and the distractions the litigation has caused us over the past year. We can now move forward and work with Incentive to market and sell the Library worldwide while we continue to focus on building our business."

"We are very pleased that we have been able to reach an agreement with Camelot that results in our ownership of the Library, which we believe has significant value," commented Incentive's Joseph Pia . "The Library will complement our growing resources in the film and television industry. We are looking forward to working with Camelot as they assist us in the marketing and distribution of the Library."

ABOUT CAMELOT ENTERTAINMENT

Camelot Entertainment Group, Inc. (www.camelotent.com) is a US publicly traded company (PINKSHEETS: CMGR) with four divisions: Camelot Film Group , Camelot Distribution and DarKnight Pictures, Camelot Studio Group and Camelot Production Services Group . Camelot is building a different kind of motion picture studio infrastructure by redefining the development, financing, production, and distribution process. Camelot is a member of the Independent Film & Television Alliance (IFTA).

ABOUT INCENTIVE CAPITAL LLC

Incentive Capital, LLC is a media fund that provides financing in film, television, and music, primarily in collateralized transactions involving production tax incentives, distribution advances, presales, mezzanine, and gap finance. With the acquisition of the film library and other media assets, Incentive is expanding its media holdings and presence in finance, distribution, and production.

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings.

Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.

Contact: Jonathon Russo Camelot Entertainment Group Email Contact (772) 919-8747 Media Contact: Jessica Kelly Camelot Distribution Group Email Contact (818) 308-8858

Source: Camelot Entertainment Group, Inc

Friday, December 31, 2010

CMGR - A Record Year? Certainly Not For Shareholders

Today CMGR is out with a press release entitlted  "2010 Record Year for Camelot".    I think this chart begs to differ.  Of course if you are selling stock from $.55 to $.0001 and somehow people continue to buy it, well then it is a record year for taking investors hard earned money. 

Think about it for a second.  After taking everyone's money from $.55 to $.0001 the company has the balls to call it a record year?  Talk about greed.  I am adding this stock to my crap list.

This is a stock that has gone from $700 to $.0001 over a 3 years span. Unbelievable. 



2010 Record Year for Camelot Marketwire   "Press Releases"
UNIVERSAL CITY, CA -- (MARKET WIRE) -- 12/31/10 -- Camelot Entertainment Group, Inc. (OTCBB: CMGR) ("Camelot") announced today that 2010 was expected to be a record year for the entertainment company in both gross sales and revenues. Gross sales for 2010 are expected to exceed $2,200,000 , with revenues expected to exceed $500,000 . Camelot anticipates this trend will continue into the new year, with 2011 gross sales expected to surpass $6,000,000 and revenues expected to exceed $2,000,000 .

Our sales and revenues are being spurred by the Company's rapidly growing Camelot Distribution Group subsidiary, which now has a film, television and digital media library with more than 900 total titles, including approximately 220 titles available for immediate delivery. Both Camelot Distribution and DarKnight Pictures, the two divisions of Camelot Distribution Group , expect to add a number of major titles in 2011. In addition, the Company continues to negotiate the anticipated acquisition of at least two additional distribution entities, which, if completed, could add up to an additional 500 or more titles to the library.

The Company now has 22 full and part time employees and major consultants as it prepares to continue expanding its production and distribution operations during 2011. Further, the Company plans to continue to bolster its management team and its Board of Directors during the upcoming year.

ABOUT CAMELOT

Camelot Entertainment Group, Inc. (www.camelotent.com) is a US publicly traded company (OTCBB: CMGR) with four divisions: Camelot Film Group , Camelot Distribution and DarKnight Pictures, Camelot Studio Group and Camelot Production Services Group . Camelot is building a different kind of motion picture studio infrastructure by redefining the development, financing, production, and distribution process. Camelot is a member of the Independent Film & Television Alliance (IFTA).

NOTES ABOUT FORWARD-LOOKING STATEMENTS

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings.

Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.

Contact: Jonathon Russo Camelot Entertainment Email Contact (772) 919-8747 Media Contact: Jessica Kelly Camelot Distribution Email Contact (818) 308- 8858

Source: Camelot Entertainment Group,
2010 Record Year for CamelotInc

Thursday, October 21, 2010

Penny Stocks Can Make You Rich And/Or Make You Broke




The penny stock market is a cruel animal. It can take away all your money in an instant. It can also turn a small investment into an amazing sum of money.

Last month Pennystockguru Subscriber turned $199 into $7,000 in the span of a few hours trading CMGR. CMGR, as I have noted before, is not a stock you want to hold, but it shows how even the worst stocks can make you a lot of money. The chart above show's the day Boxer made his 3,500% gain and the previous 3 months of CMGR trade.

For Boxer and the few out there who successfully traded CMGR for a huge profit, there are many out there who did just the opposite and are sitting on huge losses. I imagine there are people still buying this stock in the hopes of landing a 3,500% gain. I hate to break the news to you, the odds are not in your favor. If you had bought CMGR at anytime outside that one day phenomenon you would have lost a lot of money.

Look at this chart after CMGR went from sub $.01 to $.24.



That is a scary chart and the reason why you should never hold these stocks for too long. Tkae your profits or cut your losses.

There is a very small window with most penny stocks. Experience, research, and luck will help you find that window, for the rest of the retail traders out there, you might as well be throwing your money out that window. Which is why you should never invest with money you can not afford to lose.

Thursday, September 2, 2010

The 3,000% Question?


The last week of trading has seen some impressive gains for penny stocks. Today CMGR, one of the more unattractive stocks out there, went from $.0028 to $.225. Yesterday INOL went from roughly the same levels to over $.10 a share. DMGM went from $.003 to $.35.

The question for Friday is which stock is next in line to post a 3,000% or better gain in one session.

You could the speculative spirit growing today as stocks like ARFR and EYSR popped dramatically only to fall back to almost where they started.

Chances are that Friday sees another one of these explosions and the money will be flowing into the penny stocks yet again.

CMGR - A 20,000-1 Reverse Split Does Little to Deter Buyers


On May 11th, 2010, less than four months ago, CMGR had 11,215,116,075 shares outstanding. Yes that is 11 BILLION shares outstanding. The next month the company decided to screw each and every one of their loyal stockholders with a 20,000-1 reverse split. Today the stock would have to hit $.55 for those shareholders of record in June to break even. Those holding from their 2009 reverse split would need the stock to hit $35, and if you were holding for the company's reverse split in 2008 you would need CMGR to head to $700 just to get your initial investment back. Today all is forgotten as the stock is up 6,250%. It opened the session at $.0028 and now trades at $.168. This is further evidence that the penny stock market is coming alive. When traders are willing to pile almost a million dollars into a stock that has taken money from so many, you know that irrational exuberance is back.