Spatialight Inc. (fka SPLT)

[Renee]

SPLT revoked:

http://www.sec.gov/litigation/admin/2014/34-73827.pdf

[superbaum]

Good bye Spatialight.

[Renee]

SPLT SEC Suspension:

http://www.sec.gov/litigation/suspensions/2014/34-72842.pdf

Order:

http://www.sec.gov/litigation/suspensions/2014/34-72842-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2014/34-72843.pdf

[kickasstimus]

http://www.northbaybiz.com/Columnists/Only_in_Marin/SpatiaLight_Goes_Dark.php

[kranthikumar]

SPLT is smells like a winner

[Hedgebunny]

What happens to this stock after AUG 19 2011?
http://www.dtcc.com/downloads/legal/imp_notices/2011/dtc/set/0846-11.pdf

Any opinion on what this link means? thank you.

[Tanne]

Der MM hat betrunkenen ??????#
He means 0.005$ and not 0,05 $ smile........

+900 %

[Tanne]

Yesterday was seen on the BID side is always the 7.0 $ been getaxt.
A good sign? Must ask out my crystal ball!
Adopted Spatialight is accepted if the Chapter 7 is voruber ... Patents She has yet, one can also take on intellectual property .....

I'm definitely very excited, with only 3.5 M shares and a MK of about 50 K. ....

here it would explode in $ steps to the top ...
Well yes indeed, one can dream ...
Greeting

[svenelings]

http://barchart.com/opinions/SPLT

This company 67%... ...barchart says must buy!!!... There is NO news but today UP 52%!!!!! hope that he will fly like a Rocket ...

Greetz

[Tanne]

There are only about 6 M shares.
To get more of what you have to have genuine happiness

[Tanne]

Let's see where this journey goes ....

[Tanne]

Think of the times it is now going down violently, you know that the have-purchased now and are waiting! If you imagine that after the R / S split just about .5,9 M shares are ......, and the Chapter 7 time expires on 21.2 and can begin to refinance .....
Good luck!

Fir

[Bigstud is here]

Did anyone here Sell @ .015. Just curious.

[Tanne]

Insider Transactions by SPATIALIGHT INC (SPLT)
On December 1, 2009 Bloomberg L.P. acquired BusinessWeek. As a benefit of the acquisition, BusinessWeek.com will soon feature Bloomberg’s extensive market data, company profiles, and business headlines. In the meantime, please be patient as we make the technology changes required to feed that data into these pages.

[Tanne]

Hallo, Neuanfang von SPLT?

Its very nice to see this.

Best regards

Fir

[Stock]

Wasn't the ticker here HDTV at one time?

Wait I found it. Yes, it was.

14:17 8/24/2007 HDTV SpatiaLight, Inc. Common Stock SPLT SpatiaLight, Inc. NEW Common Stock 1-50 R/S **

http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=ALL&d=08/23/2007

What a POS!

[downsideup]

Red flags ?

http://www.northbaybiz.com/Columnists/Only_in_Marin/SpatiaLight_Goes_Dark.php

The company is in receivership... a chapter 7 filing which will kill the company and leave nothing for shareholders, even if there were going to be anything left, which it seems there will not be. They had $19 million in debt... and, as far as I can tell, the only asset they have left is the potential value in suing former officers. Anything else of value was stripped out a long time ago.

Why the receiver hasn't acted to shut down the trading in the stock is a bit of a mystery. I'd guess it "might" mean that they intend to see the remaining legal problems resolved and then resolve the remaining problems in BK and then may convert the Ch 7 filing to a chapter 11 at the last possible moment, in order to allow the receiver to sell off the bankruptcy rehabilitated shell to make a profit... at which point any remaining holders would be likely again be diluted into oblivion. I understand why those holding these dead shares in an account might continue to hold onto them... but why the stock continues to trade ? ???

[Bigstud is here]

Im staying away from this one. Too many red flags.

[crad]

nice up tick small volume today any body know any thing

[Bigstud is here]

Officials blamed the declaration on a lawsuit filed by the SEC in U.S. District Court in San Francisco in December that accused former CEO Robert Olins of pocketing $2.6 million in a stock scam, selling stock based on insider information and lying to regulators about a company audit.

[crad]

any body knows why were up the last two days? any hope? called hq for two days now no one answers but the recordings for all extensions

[crad]

agreed but who will buy?

[STRONGUS]

Important difference between Chapter 7 and Chapter 11 :

Chapter 7 is generally the path chosen by companies that intend to liquidate their assets and go out of business.

Chapter 11 is geared toward continued operation -- but, again, twists in the road can lead to different results.

Selling first thing tomorrow might be your best bet to salvage something but that is just my thought. Take your own decision.

[crad]

do you think it is totally over and we loose everything? I am looking at chapter 7 and am lost thier looks like thier could be a tinny bit of hope. what is your take?

[STRONGUS]

looks like they turned off the lights after lining up their pockets..esp the ex-ceo, who is accused by SEC..

[crad]

who is running the company? are we out of bussiness?

[STRONGUS]

SPLT : Bad news actually..they are filing bk..I warned after the SEC investigation..hope you bailed out..if they decided on 3rd, why did they wait this long to file the 8k??!!

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25861708&txt2find=splt+

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25742185

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25641390

[crad]

is thier any positive to this news?

[startingboy]

looks like someone is short the way is trading imo.

[STRONGUS]

not sure how this is going up..didn't see you the sec investigation news a few days ago..this market is so manipulated !!

[startingboy]

.03 hod :)

[ELD24]

SPLT Up 40%

[crad]

happy new year every one. splt to the top. i feel real good about this stock this year!

[apostrophe]

Odd that the stock spiked up considering the apparent bad news that just came out in what appears to be an obscure local newspaper...

[apostrophe]

...A press release issued by SpatiaLight at the time credits Olins for advancing the company's technology and manufacturing process, and for securing a business arrangement with an Asian company. That deal later was reported to be terminated.

This portion is a bit of a concern. How can one verify whether they are still going forward with that aspect of the new business plan?

[STRONGUS]

SPLT : Warning - I have been following this stock for a while. It is moving up nicely today. What concerns me though is the news that came out a few days ago about the SEC investigation. If you got in low, this run might be a good time to take your profits. Not sure how far this will go and how long it will last though.

Ex-CEO at Novato's SpatiaLight accused in stock swindle
Nancy Isles Nation
Article Launched: 12/24/2007 03:55:26 PM PST

The U.S. Securities and Exchange Commission has filed a complaint against Novato-based SpatiaLight Inc., the company's former chief and a financial company he owned, accusing them of fraud.
The litigation, filed in U.S. District Court in San Francisco, accuses former CEO Robert Olins of pocketing $2.6 million in a stock scam, selling stock based on inside information and lying to regulators about a company audit.

The high-tech company, already facing administrative turmoil and a stock that plummeted to near zero after it lost its only liquid crystal television display customer last summer, is based at Hangar 5 at Hamilton Field in Novato.

Neither Olins, 51, of Mill Valley, nor anyone at SpatiaLight could be reached for comment. The office was closed Monday.

The SEC complaint, filed Thursday, alleges Olins violated multiple regulatory requirements and claims that a July 2005 filing with the commission by SpatiaLight and Olins used forged exhibits.

The complaint also claims that, in August 2005 and February 2006, Olins sold shares of SpatiaLight stock based on information that was not made public.

In January 2005, SpatiaLight, Olins and his financial company, Argyle Capital Management Corp., engaged in the unregistered

distribution of hundreds of thousands of shares of SpatiaLight stock. SpatiaLight issued 423,264 shares to Argyle without proper documentation, according to the complaint.
Within weeks of receiving the shares, Argyle assigned them to Olins, who between April and June 2005 sold the shares on an E*Trade Financial account. According to the complaint, when Olins opened the account he falsely stated he was not an officer, director or 10 percent shareholder of a publicly traded company.

The complaint also alleges that Olins did not report, or failed to report in a timely manner, the sale of more than 700,000 shares of SpatiaLight stock.

The complaint asks for financial reimbursement and penalties.

SpatiaLight, founded in 1989, manufactures high-resolution microdisplays for high-definition televisions.

In November, the company reported a net loss of $2.9 million in the third quarter, or $1.25 per share. SpatiaLight lost $13.8 million, or $9.37 a share, in the first nine months of the year.

The Nasdaq Capital Market threatened to delist the company in April because its common stock fell below the minimum $1 per share for 10 consecutive trading days. The company said it would appeal.

In November 2006, SpatiaLight announced that Don Suh, the company's senior vice president, would replace Olins as chief executive officer after Olins resigned from the company and its board of directors. Suh is no longer with the company.

A press release issued by SpatiaLight at the time credits Olins for advancing the company's technology and manufacturing process, and for securing a business arrangement with an Asian company. That deal later was reported to be terminated.

David Hakala, who was appointed chairman of the board at the time, was supportive of Olins in the press release.

"I would like to personally thank Robert for all his efforts and support over the last few years. His numerous accomplishments include securing financing for the company since his initial investment in 1996 and building SpatiaLight's LCoS (liquid crystal on silicon) business virtually from the ground up," Hakala is quoted as saying. "The company now stands on the cusp of several significant achievements. Robert has been a great asset to this management team and we are sorry to see him leave as an officer and as a board member, but we look forward to his continued advice as a consultant to the company."

A phone listing in Novato for Hakala has been disconnected.




--------------------------------------------------------------------------------
Read more Business and stocks stories at the IJ's Business and stocks page.
Contact Nancy Isles Nation via e-mail at [e-mail]

Print Email Return to Top

[CBGB]

is the o/s 15m now? tia

[ELD24]

SPLT Up 60%

[STRONGUS]

It will be nice if they recover the money from the ex-ceo. I would accept check or money order from SEC in case they want to redistribute that to shareholders..lol..

[Bull Trader]

Ex-CEO at Novato's SpatiaLight accused in stock swindle
Nancy Isles Nation
Article Launched: 12/24/2007 03:55:26 PM PST

The U.S. Securities and Exchange Commission has filed a complaint against Novato-based SpatiaLight Inc., the company's former chief and a financial company he owned, accusing them of fraud.
The litigation, filed in U.S. District Court in San Francisco, accuses former CEO Robert Olins of pocketing $2.6 million in a stock scam, selling stock based on inside information and lying to regulators about a company audit.

The high-tech company, already facing administrative turmoil and a stock that plummeted to near zero after it lost its only liquid crystal television display customer last summer, is based at Hangar 5 at Hamilton Field in Novato.

Neither Olins, 51, of Mill Valley, nor anyone at SpatiaLight could be reached for comment. The office was closed Monday.

The SEC complaint, filed Thursday, alleges Olins violated multiple regulatory requirements and claims that a July 2005 filing with the commission by SpatiaLight and Olins used forged exhibits.

The complaint also claims that, in August 2005 and February 2006, Olins sold shares of SpatiaLight stock based on information that was not made public.

In January 2005, SpatiaLight, Olins and his financial company, Argyle Capital Management Corp., engaged in the unregistered

distribution of hundreds of thousands of shares of SpatiaLight stock. SpatiaLight issued 423,264 shares to Argyle without proper documentation, according to the complaint.
Within weeks of receiving the shares, Argyle assigned them to Olins, who between April and June 2005 sold the shares on an E*Trade Financial account. According to the complaint, when Olins opened the account he falsely stated he was not an officer, director or 10 percent shareholder of a publicly traded company.

The complaint also alleges that Olins did not report, or failed to report in a timely manner, the sale of more than 700,000 shares of SpatiaLight stock.

The complaint asks for financial reimbursement and penalties.

SpatiaLight, founded in 1989, manufactures high-resolution microdisplays for high-definition televisions.

In November, the company reported a net loss of $2.9 million in the third quarter, or $1.25 per share. SpatiaLight lost $13.8 million, or $9.37 a share, in the first nine months of the year.

The Nasdaq Capital Market threatened to delist the company in April because its common stock fell below the minimum $1 per share for 10 consecutive trading days. The company said it would appeal.

In November 2006, SpatiaLight announced that Don Suh, the company's senior vice president, would replace Olins as chief executive officer after Olins resigned from the company and its board of directors. Suh is no longer with the company.

A press release issued by SpatiaLight at the time credits Olins for advancing the company's technology and manufacturing process, and for securing a business arrangement with an Asian company. That deal later was reported to be terminated.

David Hakala, who was appointed chairman of the board at the time, was supportive of Olins in the press release.

"I would like to personally thank Robert for all his efforts and support over the last few years. His numerous accomplishments include securing financing for the company since his initial investment in 1996 and building SpatiaLight's LCoS (liquid crystal on silicon) business virtually from the ground up," Hakala is quoted as saying. "The company now stands on the cusp of several significant achievements. Robert has been a great asset to this management team and we are sorry to see him leave as an officer and as a board member, but we look forward to his continued advice as a consultant to the company."

A phone listing in Novato for Hakala has been disconnected.




--------------------------------------------------------------------------------
Read more Business and stocks stories at the IJ's Business and stocks page.
Contact Nancy Isles Nation via e-mail at [e-mail]

Print Email Return to Top



http://www.marinij.com/marin/ci_7800857

[crad]

yep i agree i got some more todat at .011

[ELD24]

Up 26% today, nice buy at end of day

[crad]

how low can it go?

[STRONGUS]

SPLT short interest is going up..The next short position report will be out in 2 more days..

http://www.otcbb.com/asp/OTCE_Short_Interest_popup.asp?Symbol=splt&StlmtDt=11/30/2007

[startingboy]

let's rock this thing! looks cheap down here

[Californicator]

Lets see if the market cap for this company can go down to around 100k. Unbelievable how over sold this is. Will be forced to pick some up here soon.

[crad]

new low what a joke the market cap is less than my second morgage

[crad]

looks like to me the buys are thier. the stock goes down alot on small sells it might be tax sells or market makers dumping what they still have. any way you look at it we will be on the rise very soon i hope. 6 million shares what a joke this company will be on the move. bought more today 50,000 shares for 1000 dollars what a deal

[crad]

I think they have up to 15 million they can offer

[STRONGUS]

VFIN is back on the ask..I hate it when he shows up..It means the company is still selling shares..Hopefully they will make an announcement soon..