A movie stock market?

Hi ya'll

I was speaking with a guy last night who say's there's gonna be a movie stock exchange launching soon and it's gonna be big, big news. A movie stock market where we can buy & sell shares in movies? How cool is that!

Anyone know anything about this?

um studios own the rights to movies so you could buy shares of those companies which are public. THere are movie stock market type games. As far as a real one? well the movies are already owned so not so much.

http://www.hsx.com/

Hi,

This guy Ed told me that this is happening soon. A genuine electronic market where film makers list their film projects - before they're made - and sell the shares to investors so they then have the money to make it. Then the shares are traded on the market, based around what people want to do. If anyone knows any more, i'd love to hear about it!

ah ok.. a way for independent film makers to raise capitol

Theres a Myspace account called glomex - so myspace dot com slash glomex i assume

Hmm, I should propose my idea about a one legged purple parrot that just eats grapes for two straight hours! Any takers?? 😱

Originally posted by =Tired Hiker=
Hmm, I should propose my idea about a one legged purple parrot that just eats grapes for two straight hours! Any takers?? 😱

Well I guess if you're that tired, you should have a lie down 😆

Hi, I just got an email that says the movie stock market community site is now live..at glomex dot com

yea it basically looks like, as i said, a way for independent film makers to raise capitol. Your not gonna be buying shares of POTC 3 or the next tom cruise blockbuster on here.

Now that would be the coolest idea ever. I really hope it works, and does not come into yet another fraud center of hope.

I emailed Glomex about membership last week and it seems that they are close to making some big announcements. It seems that there have been several deals being developed behind the scenes over the last few months. If things go ahead the way they are saying then its going to be sooo cool 🙂

That would be interesting idea.I would not mind making money while picking the best movies that would make the more money!jm

Originally posted by ADarksideJedi
That would be interesting idea.I would not mind making money while picking the best movies that would make the more money!jm

I know what you mean. I got some more information today about how it works. Apparently, the film would be made into a company and then the shares put up for sale. When all the shares are sold, all of the money is used by the producers to make then film. A share holder can then either sell the shares to try to make money, or keep them until the film goes to the box office to try and make money from the dividends.

Originally posted by =Tired Hiker=
Hmm, I should propose my idea about a one legged purple parrot that just eats grapes for two straight hours! Any takers?? 😱

I like grapes and parrots

so do I 😉

Sounds good for the indie wannabees. Hope it's true.

Originally posted by Jaynie C
so do I 😉

😱 NO WAY! we should be friends

If this is true... A lot of people here are going to lose all their money... fast.

lol

💃

Do you mean that people would get into it and spend all their hard earned cash on movie stock speculation?

I got a head's up from a guy I know who's working on a project they hope to bring to market soon. Apparently there are around 10 films and documentaries that are going to promote themselves on the site soon, with a stream of others on the way.