VGPM Vega Promotional Systems, Inc. - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**CatFish** · #1 12-11-2007, 11:38 PM

this one we posted in the members area at .007 and alot of us got in. this is a momo play that looks like it is ready to run big. closed up 100% today at .01 and looks like it has a heck of a lot of juice in it, if you dont play at least watch it and you will see it is worth becoming a member. at the close ask was .01 with the next ask at .02. :D. all plays we find that look like they will blast of the bottom we will be posting in the members area first under todays movers thread which has had some darn good plays in it. latest pr

Vega Cancels 100 Million Shares
Monday December 10, 4:00 pm ET

LONDON, Dec. 10 /PRNewswire-FirstCall/ -- Vega Promotional Systems, Inc. (Pink Sheets: VGPM - News) announced today that it has cancelled 100 million shares of its commons stock.
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As a result of the earlier announced transaction with Butcher Poker, LTD, the Company issued 100 million shares of its common stock to Butcher Poker, LTD. Terms of the Agreement called for 50 million of the shares to be released to Butcher Poker, LTD at closing and the remaining 50 million was to be held by the Company for one year, pending the completion of certain benchmarks by Butcher Poker, LTD. As the one year anniversary approached, the two sides came to a mutual agreement that the transaction had been completed and that Butcher Poker, LTD would not be eligible to receive the additional 50 million shares. Therefore, the Company made arrangements to cancel the 50 million shares.

It is important to note that subsequent to the original transaction with Butcher Poker, LTD, the Company conducted a 2 for 1 split of its stock. Therefore, the original 100 million shares included in the Agreement became 200 million shares and the number of shares to be cancelled split from 50 million to 100 million. The actual number of shares being cancelled is 100 million.

Michael Herron, CEO of Vega stated, "This is great news for our shareholders. Anytime you can cancel 100 million shares, the Company and its shareholders benefit. We are really excited about the transaction with Butcher Poker, LTD. This gives us the right to various trademarks that we plan to use as we build our online gaming community and expand the Butcher Poker brand worldwide."

About Vega Promotional Systems, Inc.:

Vega Promotional Systems, Inc. is a marketing company that is seeking complimentary business opportunities that will allow it to implement its Business Plan and increase its shareholder value. The Company's stock trades under the symbol VGPM on the pink sheets

JGygli · #2 12-12-2007, 12:07 AM

I am going to try to get in the AM...Let's see how this play's out!...GLTA!!!

**CatFish** · #3 12-12-2007, 12:08 AM

i really believe we are gonna make some nice green on it. wish morning would get here

JGygli · #4 12-12-2007, 12:09 AM

you think .01 can still be had? Making some nice green on my other play right now!

**Aufan 1983** · #5 12-12-2007, 12:43 AM

Congrats all!!!!!

As I have said several times today.... This is going to be a VERY sweet play. Its just cranking up and we were able to catch it while it was still in idle.....lol

I agree with the Fish. I think the upside is HUGE here.

Anyone just visiting.... Take time to join up and check out the Todays Movers thread over the past couple of weeks and you will understand what Catfish is saying. We have had several plays like this.

Its free to sign up and as Catfish said thats where the early plays are posted to insure members get the edge.

JGygli · #6 12-12-2007, 12:57 AM

what time frame for the run. meaning, when do you see it hitting .06?

mike_d · #7 12-12-2007, 01:11 AM

Quote:

Originally Posted by JGygli

what time frame for the run. meaning, when do you see it hitting .06?

that is a hard questiong to answer. the run has begum imo. 100% is definalty nice to see. as for when 06 is being seen, who knows. I believe it will move very fast.

**Aufan 1983** · #8 12-12-2007, 01:13 AM

Quote:

Originally Posted by JGygli

what time frame for the run. meaning, when do you see it hitting .06?

I really have no clue. I think Wed. could bring 100% or more again and after that who knows. I'm leaning towards 2 days but with news that could change quickly.

JGygli · #9 12-12-2007, 01:17 AM

Quote:

Originally Posted by Aufan 1983

I really have no clue. I think Wed. could bring 100% or more again and after that who knows. I'm leaning towards 2 days but with news that could change quickly.

It would be awesome if it was that quick. Hope my order gets filled in the AM...GLTA!!!

**Aufan 1983** · #10 12-12-2007, 01:21 AM

Quote:

Originally Posted by JGygli

It would be awesome if it was that quick. Hope my order gets filled in the AM...GLTA!!!

Yes it would.... I'm banking on VGPM showing up on some scans and bringing in some momo players.