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CableClix (USA) Inc. (CCLX)

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Last Post: 3/23/2018 3:35:15 PM - Followers: 54 - Board type: Free - Posts Today: 0



Where has mangement gone, underground?

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CableClix drama:

Message from Mark Bayliss, founder and former of CTO Cableclix. 

In addition to my official resignation, I am using the Investor Hub Cableclix forum to publicly announce my resignation from Cableclix. 
I resigned from my position at Cableclix on July 10, 2017. Eighteen days have passed and Caleclix has yet to provide public notification of my resignation by way of a press release or any other method. As the founder and inventor of Cableclix technology, my resignation is pertinent information that should be shared with stockholders and potential investors. 
A few of the reasons for my departure from Cableclix are as follows: 
1.The original business plan was to offer streaming OTA set-top boxes for public sale more than one year ago. Unfortunately, the CEO, Kris Domich, and the Secretary, Greg Steinke, created an environment that made this impossible to accomplish. Even though I founded the company, I had no say in the direction or the decisions made that affected the company. 
2.Over the past eleven months, the company has gone from one driven to produce products and establish our global VPCN network, changing the world of broadcast television, to one more driven to issue press releases instead of products. 
3.During the last 11 months, only one press release was provided to me for review. I rejected the information in this release as it misquoted my statements and was not factual. Over my objection, Mr. Domich and Mr. Steinke issued the press release anyway. From that point forward, I was provided no other press releases for my review despite having made it very clear to Mr. Domich and Mr. Steinke on numerous occasions the necessity for me to review every potential press release before its issuance. I believe that many other press releases contained misleading, if not false, information for I demanded retractions and which were never issued. 
4.I have been deliberately left out of communications with the Secretary and CEO. My ability to obtain information related to Cableclix has been reduced to Cableclix press releases via google searches. 

The above are only a few of my reasons for resigning from Cableclix. As for the future, I feel confident that my ideas for OTA broadcasting and my VPCN concept can change the television industry. Unfortunately, every week that Cableclix delays releasing a product, opportunities diminish. As the largest stockholder, I have an interest in seeing the company succeed. I have been reappointed to the FCC TAC (technology advisory group), and one of the committees of which I am a member is the “Rules for the Future of Television Broadcasting”. I am extremely excited about the new technology and changes coming to OTA broadcasting that will drive the demand for global multicast networks and local replication of these high-quality OTA video streams. Companies like Cableclix have a promising future but must act fast and understand this rapidly changing market space. 

What am I going to do now as the largest private stockholder? Time will tell. 

Mark Bayliss 
Founder & former CTO of Cableclix.


CableClix Responds to Public Allegations by Founder


LOS ANGELES, July 31, 2017 /PRNewswire/ -- CableClix (USA), Inc., (OTCPK:CCLX) became aware of allegations by its founder, Mark Bayliss, on July 28th, 2017.  The allegations were made via a social media post on Facebook, a change in Mr. Bayliss' biography on the InvestorsHub website, and within several posts and responses made by Mr. Bayliss in a forum of active and potential investors related to the video and television industry. In these posts, Mr. Bayliss made numerous allegations against CableClix, all of which are categorically false and which CableClix denies entirely.


On July 8, 2017, Mr. Bayliss was given the professional courtesy of resigning and disengaging from CableClix or face termination of employment for cause and removal as an officer and director.  On July 11, 2017, Mr. Bayliss indicated his choice would be to resign. Upon receiving the choice from Mr. Bayliss, CableClix began the process of identifying all corporate assets and intellectual property were in possession of Mr. Bayliss and contemplating the final terms and conditions of the resignation of a key insider who poses competitive risks to CableClix. Until these conditions are finalized and agreed to, this severance is not in effect and therefore no disclosure has been required. In the interim, Mr. Bayliss continues to be a fiduciary of CableClix (USA), Inc. His decision to communicate directly with the market through social media is not at the direction or approval of CableClix (USA), Inc. CableClix believes that Mr. Bayliss' actions are contrary to the fiduciary duty to protect and preserve shareholder value and corporate integrity. A full legal examination of his decision to use public forums to express his editorial views will begin immediately and CableClix will disclose the final terms of Mr. Bayliss' departure at an appropriate time. CableClix management implores Mr. Bayliss to cease and desist any further behavior that is in direct violation of his current fiduciary obligations.

While CableClix's original business plan was developed in 2013 on the basis of a set top box and the state of the over-the-top (OTT) market at that time, the market and competitors has changed significantly since that time. After conducting independent third-party research beginning in late 2016 and the beginning of 2017, CableClix concluded that its limited resources should be directed toward the development of a product that could function as a stand-alone application capable of running on multiple platforms, to which Mr. Bayliss objected. A team of seasoned developers were hired and have been developing the product since January of 2017 under the capable leadership and proven track record of Chief Product Officer, Cauri Jaye despite Mr. Bayliss' refusal to participate in the development. This product is currently open to alpha testing and has a significant number of test users who have opted into testing program. The results of this testing period will enable us to ensure the product is tailored to the state of the market today.

CableClix thanks the shareholders who have elected to stay the course with our company and vision. As stated in previous press releases, the public is encouraged to rely solely on information from official press releases, reports, and statements made by authorized CableClix parties and through recognized media outlets.

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#4301  Sticky Note Skinny, instead of blaming shareholders, who have invested geekgirl 03/08/18 09:45:56 AM
#4334   Theirs definitely changes that would have to be ammobox 03/23/18 03:35:15 PM
#4333   Hey, thanks for the information and after looking $NoClue$ 03/23/18 03:16:53 PM
#4332   $NoClue$ This post about sums it up for you. ammobox 03/23/18 02:55:44 PM
#4331   Does anyone know anything about the history of $NoClue$ 03/23/18 02:47:06 PM
#4330   Are the officers knowledgeable and capable of running $NoClue$ 03/23/18 02:45:34 PM
#4329   The website is nice. $NoClue$ 03/23/18 02:44:40 PM
#4328   Anything you like about this company. $NoClue$ 03/23/18 02:44:16 PM
#4327   Wow. This stock is actually still trading. Figured midas716 03/23/18 11:53:08 AM
#4324   Opinion duly noted and completely ignored! Skinnybundle 03/22/18 12:30:39 PM
#4323   Sounds like the poster was inferring that you Pic 03/21/18 02:16:29 PM
#4322   What might that be??????? Skinnybundle 03/21/18 01:09:58 PM
#4321   You could be right but for what he rakp 03/20/18 03:33:22 PM
#4320   Honestly, I think there was a reason he HighPeaks 03/20/18 03:29:35 PM
#4319   Dormant? Not according to Skinny, they are hard rakp 03/20/18 03:24:52 PM
#4318   The OTT concept has potential. However this management HighPeaks 03/20/18 03:21:42 PM
#4317   I am not sure about the potential because rakp 03/20/18 03:19:27 PM
#4316   Not a bad share structure. Management must be Pic 03/20/18 03:15:15 PM
#4315   This has potential if Management gets their act HighPeaks 03/20/18 03:11:13 PM
#4314   Looks like PPS has bottomed out, while investors Pic 03/20/18 03:09:29 PM
#4313   Actually this is really going in the wrong HighPeaks 03/20/18 03:09:24 PM
#4312   HA ha and two wrongs makes it right? rakp 03/20/18 03:07:12 PM
#4311   This is going in the wrong direction.. HighPeaks 03/20/18 03:05:07 PM
#4310   Very difficult to stay optimistic about the future rakp 03/20/18 09:56:00 AM
#4309   Has anyone issued an APB on management yet? ammobox 03/15/18 11:54:24 AM
#4308   Maybe the management gave up the investors for CNolan1 03/15/18 11:15:35 AM
#4307   Whatever is happening behind closed doors I hope rakp 03/14/18 04:58:58 AM
#4306   Its a pity this is all taking so rakp 03/10/18 06:52:14 AM
#4303   geekgirl 03/08/18 11:09:05 AM
#4301   Skinny, instead of blaming shareholders, who have invested geekgirl 03/08/18 09:45:56 AM
#4299   Thanks for the response Skinnybundle. rakp 03/03/18 04:58:08 AM
#4298   I'm still here and quite busy helping management Skinnybundle 03/02/18 10:04:28 AM
#4297   Management aside but why has Skinnybundle also suddenly rakp 03/01/18 02:42:45 AM
#4296   Thanks for the update on Geekgirls actions. I Pic 02/28/18 02:36:25 PM
#4295   most definitely appreciated geekgirl time and effort! george7465 02/28/18 02:03:03 PM
#4294   Thanks Bj for the update. It would be ammobox 02/28/18 01:56:41 PM
#4293   I have spoken with Geekgirl. She is working Bj106 02/28/18 01:52:03 PM
#4292   LOL, That's funny, give it time the bagholders ammobox 02/28/18 01:42:53 PM
#4291   Yes it was. She gave CCLX until the ammobox 02/28/18 01:40:42 PM
#4290   wasn't that geekgirls job? george7465 02/28/18 01:32:29 PM
#4289   I think the company invented something that can rakp 02/28/18 01:22:41 PM
#4288   I haven't heard anything from anyone on unleashing ammobox 02/28/18 01:07:12 PM
#4287   has the Kraken been released yet? george7465 02/28/18 01:02:13 PM
#4286   I lost -51.73% Hope the lairs chock on ammobox 02/28/18 12:50:25 PM
#4285   I'm at 71% loss george7465 02/28/18 06:02:41 AM
#4284   I am already out...80% loss...lovely Ferdenando the Bull 02/27/18 09:45:47 PM
#4283   Should begin to trade again when we CCLX Pic 02/26/18 02:50:35 PM
#4282   I hate seeing this happening to the ones ammobox 02/26/18 10:49:05 AM
#4281   I haven't spoken with her in a week Bj106 02/23/18 01:06:27 PM
#4280   The longer management stays underground, the more curious Pic 02/23/18 12:59:16 PM
#4279   It was Geekgirl. Trying to reach her now, Bj106 02/23/18 12:46:03 PM