M-wise, Inc. (MWIS)

[MightyD]

900% increase caught my attention. Trying to figure out exactly why

[sleepthief]

Were you in prison for the past couple of years?

[MightyD]

what happened here?

[Fonzy35]

"The Company disclosing its intent to voluntarily delist its common stock from the OTC Bulletin Board"

8k June 22 2011

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8005165

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

The Company is issuing this 8-K as a result of a press release issued by The Company disclosing its intent to voluntarily delist its common stock from the OTC Bulletin Board. The Company anticipates that the delisting will be effective 10 days after filing of the Form 15, “Notification of Removal from Listing.” The Company intends to file Form 15 on or after June 22, 2011.

The Board of Directors of the Company approved the voluntary delisting of the Company’s common stock on June 22, 2011, due to the following reasons:

(a)
The significant costs associated with regulatory compliance impose a burden that the Company cannot bear given its current financial position. In addition, the current benefits of being a public company is outweighed by the financial burdens imposed by such status; and

(b)
The shares of the company are currently held by less than 300 record holders and are thinly traded.

Upon removal of listing, the Company shall cease to file reports with the Security and Exchange Commission.

[lorena]

maybe- we can sell it at 0,1$?

[sleepthief]

self clearing brokers can trade it w/o any issues and it looks like someone is trying to buy a run...

[lorena]

definately someone is trading it:
18.05.2012 16:58:03 0,0100 22.150
18.05.2012 16:56:48 0,0100 5.000
18.05.2012 16:56:32 0,0080 5.000
18.05.2012 16:53:17 0,0080 5.000
18.05.2012 16:52:58 0,0080 5.000
18.05.2012 16:52:40 0,0078 5.000
18.05.2012 15:34:33 0,0020 97.850
18.05.2012 15:32:22 0,0015 42.850
18.05.2012 15:32:00 0,0015 50.000
18.05.2012 15:31:58 0,0015 5.000

[lorena]

perhaps it´s afrontlading from anyone?

isn´t it a shell now?

[Fonzy35]

Buyout was done last year but nothing for shareholder, don't know why share are still floating around..!!??!!??

[Fonzy35]

They're not publicly trading anymore

[alfa]

i see some moves today but i cant buy , wonder whats going on ?

is it true they have 174.60M outstanding ?

[Skipper_70]

Haven't tried...been sitting on my shares here for months...MWIS

[alfa]

any one able to buy this , it wont let my due to restricted dtc , any one ?

[Fonzy35]

It's about a old stock. What happen with the VRNG acquiring the assets of MWIS, I know that Mwise delisted the common share, but did the M-wise common shareholder receive any money for their share or VRNG share in exchange for M-wise share?

Thanks

I'm just fallowing up on Mwise and Vringo.

Virgo something about lawsuit with google or something like that?

[Fonzy35]

I thought M-wise common shareholder got screw on this deal with Vringo?

[viceversae]

MWIS holds 1,9 million VRNG shares which are worth about 3 million dollar!

This means that the MWIS share is worth minimum 0.016 to 0.017 dollar. At the current share price of 0.0022 this means a poential of 750% !!!

You can do nothing wrong buying this share. Even when the management would choose to delist or buyout the shareholders.

Life is beautiful!

[sleepthief]

nice

[Stock]

New York Stock Broker Sentenced to Prison in International Stock Fraud Scheme

Department of Justice
Office of Public Affairs
FOR IMMEDIATE RELEASE
Tuesday, September 6, 2011
http://www.justice.gov/opa/pr/2011/September/11-crm-1138.html

New York Stock Broker Sentenced to Prison in International Stock Fraud Scheme

WASHINGTON - A New York stock broker was sentenced today to 24 months in prison for his role in a wide-ranging international stock fraud scheme involving the illegal use of bulk commercial emails, or “spamming,” to promote thinly-traded Chinese penny stocks, announced A ssistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division and U.S. Attorney Barbara McQuade for the Eastern District of Michigan.

Gregg M. S. Berger, 47, of New York, N.Y., was ordered by U.S. District Judge Marianne O. Battani in Detroit to serve three years of supervised release following his prison term. Berger agreed to forfeit $600,000 to the United States.

According to court documents, Berger conspired with Alan Ralsky, Francis Tribble, How Wai John Hui, Scott Bradley and others to carry out a sophisticated stock fraud scheme from January 2005 through December 2007. Ralsky, Tribble, Hui and Bradley have all been convicted and sentenced for their roles in the scheme.

“Mr. Berger used his position as a stock broker to generate more than $30 million in illegal proceeds for his co-conspirators, and more than half a million dollars for himself,” said Assistant Attorney General Breuer. “Today’s sentence reflects our sustained commitment to ensuring the integrity of our financial markets, and to holding accountable those who try to manipulate them.”

“Schemes that manipulate stock prices undermine public confidence in the stock market, and can have serious impact on our economy,” said U.S. Attorney McQuade.

“Illegal activity involving the investment industry has brought financial ruin to many Americans. IRS Criminal Investigation is pleased to bring our forensic accounting skills to this joint venture to put a stop to this and other types of white collar fraud,” said Erick Martinez, Special Agent in Charge of the IRS Criminal Investigation Detroit Field Office.

Berger was indicted in the Eastern District of Michigan in December 2010 and pleaded guilty in April 2011 to conspiring to commit securities fraud and wire fraud.

The charges arose after a multi-year investigation, led by agents from the FBI, with assistance from the U.S. Postal Inspection Service and the Internal Revenue Service (IRS), revealed a sophisticated and extensive operation that largely focused on running a “pump and dump” scheme, whereby the defendants sent spam touting thinly-traded Chinese penny stocks, drove up their stock price, and reaped profits by selling the stock at artificially inflated prices.

In pleading guilty, Berger acknowledged that he established brokerage accounts at the direction of Hui and Tribble, and communicated with Ralsky and Bradley during the conspiracy. Berger’s role was to trade the stocks that were illegally promoted by spam email campaigns, arrange for shares of the stocks to be transferred into the brokerage accounts, and execute stock trades at the direction of Tribble, rather than the direction of the named account holders. Berger also caused the transfer of the proceeds from the trading of the stocks to bank accounts controlled by the conspirators. He also provided confidential account information, including trade amounts, prices, cash balances and wire transfer details to Tribble, Bradley and others involved in the scheme who were not entitled to such information and did not have authorization from the actual named account holders.

The stocks pumped-and-dumped included China World Trade Corporation (CWTD), Pingchuan Pharmaceutical Inc. (PGCN), China Digital Media Corporation (CDGT), World Wide Biotech and Pharmaceutical Co. (WWBP), China Mobility Solutions (CHMS) and m-Wise (MWIS).

According to court documents, during the course of the scheme, Berger caused the sale of approximately 30 million shares of stock, generating approximately $30 million for the co-conspirators and over $600,000 in commissions for Berger.

The case was prosecuted by Assistant U.S. Attorney Terrence Berg of the U.S. Attorney’s Office for the Eastern District of Michigan and Senior Counsel Thomas Dukes of the Criminal Division’s Computer Crime and Intellectual Property Section. The case was investigated by the FBI, IRS and U.S. Postal Inspection Service. The U.S. Securities and Exchange Commission’s Philadelphia Regional Office has provided significant ongoing assistance in this case.

11-1138
Criminal Division

http://www.justice.gov/opa/pr/2011/September/11-crm-1138.html

[sleepthief]

better sell your shares by the 19th. imo

[edawgy]

Check this out-

http://www.dtcc.com/downloads/legal/imp_notices/2011/dtc/set/0846-11.pdf


#: B0846-11
Date: August 5, 2011
To: All Participants
Category: Settlement
From: Settlement Department
Attention: Settlement Manager/Managing Director/Cashier
Subject: Clean up of Aged Fails in Select Globally Locked CUSIPs
DTC will support a program to facilitate the industry's clean up of aged fails in select globally
locked securities. This notice details the information necessary for firms to participate in this
program, which is scheduled to occur during the period August 15, 2011 through August 19,
2011.
Background
DTC may impose certain restrictions on a security in situations where DTC may become aware of
certain potentially illegal or otherwise questionable features of a security, its issuer or other principal
parties. In addition, DTC may place restrictions when it has been informed by the issuer or its agent,
regulators or law enforcement, or has other compliance concerns that its Cede & Co certificate
inventory has been compromised due to unauthorized, altered, fraudulent or counterfeit share issuance.
If DTC reasonably suspects that all or a portion of its street name holdings of a security, may not be
fungible and freely transferable as required for DTC services, it may decide, with respect to that
security, to chill one or more of its services or place a global lock on all services, as it deems
appropriate.
Impact of a Global Lock and Trade Fails
A global lock on a security prevents the security from being transferred on the books of DTC and
otherwise restricts any DTC activity with respect to the security. For so long as the global lock is in
effect, Participants are unable to settle any further trades in that security, as their inventory is frozen
and settlement of pending trades will fail. If counterparties nevertheless continue to trade in a security
which is globally locked and those trades are submitted to DTC for settlement, those trades will also
fail and be rejected in DTC’s system.
In connection with certain designated CUSIPs (see Exhibit A attached), although DTC issued an
Important Notice to its Participants to advise that the global lock was implemented, many Participants
Non-Confidential 2
did not immediately stop trading in these securities and additional trades occurred, so that firms
experienced a growing number of trade fails.
DTC has been working proactively with the industry to increase awareness of our global lock process,
to eliminate these difficulties in future. DTC also enhanced its procedures to expedite the release of
any Important Notice reflecting a global lock, so firms can promptly halt trading in affected securities.
Additionally, DTC implemented on June 10, 2011 a global lock reason [code] on its security master
file and related outputs (ELIS and DWIZ files - see important notice B-0811-11 dated May 24, 2011 -
http://www.dtcc.com/downloads/legal/imp_notices/2011/dtc/ope/0811-11.pdf) to allow Participants to receive
an automated notification in the event a global lock occurs. This enhancement provides Participants
the ability to update their systems to automatically block future trading of affected securities, as well as
alerting Compliance areas of the Participants so that they may investigate activity related to these
securities.
Despite these improvements, Participants and DTC have a legacy issue of accumulated trade fails that
occurred prior to these enhancements.
Proposed Solution
Working with the Participants, DTC identified a number of options and determined that the preferred
solution is to lift the global lock on designated CUSIPs for a limited period of time, to allow
Participants to take appropriate steps (including any appropriate segregation updates) to make
deliveries that will resolve outstanding fails in the designated CUSIPs. DTC will report all such deliver
orders during the specified period to the Securities and Exchange Commission.
DTC cautions participants that, if a participant were to make or receive deliveries to or from a
party other than the original counterparty or the NSCC assigned counterparty, which resulted in
the fails in the designated CUSIP, change of such counterparty to the transaction likely would be
deemed to be effecting a new transaction.
Securities subject to a trading halt by the Commission will be excluded from this program. The
attached list will be re-verified during the Amnesty period and if any securities are subsequently found
to be subject to a trading halt, they will be excluded at that time and Participants will be informed via a
subsequent important notice.
As to these designated CUSIPs, however, DTC will not lift the related deposit chill. If there are failed
deliveries in these CUSIPs that are dependent upon physical securities held outside of DTC, settlement
of those trades must be effected by physical delivery outside of DTC.
As outlined below, DTC will offer Participants the opportunity to make the necessary updates and
deliveries to complete their failed transactions during a specified limited time period, as follows:
DTC will lift the global lock and the SEG chill on Friday night, August 12, 2011 until
approximately 5:00 PM Friday night August 19, 2011. DTC will maintain chills on other
services including deposits and withdrawals to prevent any unintended transactions from
occurring. This update will permit participants the ability to send in their memo seg
instructions and permit them to segregate or release positions in these securities for several days
in advance of the delivery time period outlined below,
Non-Confidential 3
The Eligible Securities (ELIS) files will systematically reflect the global lock and SEG chill
removals and are typically available to participants between 7:30 PM and 8:00 PM EST each
day.
The Data Delivery Service (DWIZ) change files will also reflect the global lock and SEG chill
removals and are typically available to participants between 9:00 PM and 10:00 PM EST each
day.
In addition, on the evening of August 17, 2011, DTC will also remove the DO chill on all
CUSIPs identified below. This change will also be reflected in the ELIS and DWIZ files
created on the night of August 17, 2011. This will allow all participants to submit deliver
orders to DTC for processing on the next 2 business days, August 18 and August 19, 2011.
Obligation Warehouse (OW) users should include the OW control number on all DOs to ensure
that the settlement status associated with these obligations is updated in the OW.
These CUSIPs will maintain this “unlocked” status until the night of August 19. This will
permit participants to have two business days to process instructions against an ELIS and
DWIZ files that contains the changes to the affected CUSIPs.
DTC will continue to accept MSEG, SEG and Deliver Order and reclaim instructions for all
CUSIPs identified below until the applicable valued cutoffs occur or approximately 5:00 PM on
August 19, 2011.
Prior to the night cycle beginning on August 19, 2011, DTC will restore all CUSIPs to their
original status by reinstating the SEG and DO chills as well as the applicable global locks. Any
future dated transactions or additional input after the status is reinstated, e.g., memo seg, Night
Deliver Orders will reject.
If you have any questions regarding this notice, please contact your Relationship Manager.
Non-Confidential 4
# CUSIP Security Description Symbol Date of Action
1 913513107 UNIVERSAL FOOD & BEVERAGE INC N/A 04/28/11
2 48254P106 KMA HOLDINGS MCDA 04/25/11
3 57059N109 MARKETING CONCEPTS INTERNATIONAL MCCI 04/15/11
4 572356202 MARSHALL HOLDINGS INTERNATIONAL MHLI 04/15/11
5 69372L850 PACEL CORP PCLO 04/15/11
6 81213Y108 SEALIFE CORP SLIF 04/15/11
7 933706103 WANNIGAN CAPITAL CORP N/A 04/15/11
8 936902501 WASATCH PARM INC WSHP 04/15/11
9 08520E103 BERMAN CENTER INC BRMC 03/31/11
10 47188V205 JAVA DETOUR INC JVDT 03/31/11
11 54141Y102 LOGISTICAL SUPPORT INC LGSL 03/31/11
12 74266D303 PROELITE INC PELE 03/31/11
13 98953T107 ZICIX CORP ZICX 03/28/11
14 169382108 CHINA DIGITAL MEDIA CORPORATION N/A 03/18/11
15 37990T100
CHINA MOBILITY SOLUTIONS INC
(NOW KNOWN AS GLOBAL PEOPLELINE)
GPPL 03/18/11
16 554042101 M-WISE INC MWIS 03/18/11
17 71943E100 PHYSICAL PROPERTY HOLDINGS INC PPYH 03/18/11
18 74161T106 PRIMEGEN ENERGY CORP PGNE 03/18/11
19 80917T308 SCORE ONE INC SREA 03/18/11
20 81941R102
PINGCHUAN PHARMACEUTICALS INC
(NOW KNOWN AS SHANDONG ZHOUYAN SEED &
NURSERY)
SZSN 03/18/11
21 98159A100 WORLDWIDE BIOTECH AND PHARMACEUTICALS WWBP 03/18/11
22 003865102 ABSOLUTEFUTURE.COM AFTI 03/03/11
23 12619H100 CO2 TECH LTD CTTD 03/03/11
24 727563108 PLASTICON INTERNATIONAL INC PLNIQ 03/03/11
25 847248200 SPATIALIGHT INC SPLT 03/03/11
26 92922N101 WAMEX HOLDINGS INC WAMX 03/03/11
27 137693107 CANNON EXPLORATION CNEX 02/17/11
28 456635101 IFINITY MEDICAL GROUP IMGR 02/17/11
29 83420E107 SOLEI SYSTEMS, INC. SOLI 02/17/11
30 189098106 CLOUD CENTRIC SYSTEMS INC CLDR 02/03/11
31 86273M100 STRATEGIC MANAGEMENT INC SMPP 02/03/11
32 01551R101 ALGAE FARM USA INC COM ALGF 01/27/11
33 054617105 AXIS TECHNOLOGIES AXTG 01/21/11
34 37950D103
ZCOM NETWORKS INC (N/C TO GLOBAL GATEWAY
MEDIA & COMM)
GGMC 01/21/11
35 422463109 HEATHROW NATURAL FOOD AND BEV HRNF 01/21/11
36 554187104 MACADA INC MCDA 01/21/11
37 670762202
PERIHELION GLOBAL INC N/CTO NY MET
HOLDINGS
NYMH 01/21/11
38 682347208 141 CAPITAL INC ONCP 01/21/11
39 749283206 RBID.COM INC NEW RBID 01/21/11
40 749318101 RCC HOLDINGS INC RCCH 01/21/11
41 78249M603 RUSSELL INDUSTRIES, INC RUSL 01/21/11
42 886352202 TIDALWAVE HOLDINGS INC TWVH 01/21/11
43 71643L107 PETRO AMERICAN CORP PTRZ 11/26/10
44 922576202 VELTREX CORP VLXC 11/15/10
45 05546H102 BIH CORPORATION BIHC 10/01/10
46 749126207 QURI RESOURCES INC QURS 10/01/10
Non-Confidential 5
# CUSIP Security Description Symbol Date of Action
47 076012202 BEDERRA CORP BEDA 09/16/10
48 37364Q104 GEOTEC INC GETC 08/17/10
49 346196108 FOREST RESOURCES MNGMT FTRM 06/11/10
50 849109103 SPONGE TECH DELIVERY SYSTEM SPNG 06/02/10
51 638691105 NATIVE AMERICAN ENERGY NAGP 05/27/10
52 00725F308 ADRENALINE NATION ENTERTAINMENT NA 05/14/10
53 00764K101 AEGIS ASSESMENTS, INC AGSI 05/14/10
54 12507U106 CDI DEVELOPMENTS, INC NA 05/14/10
55 16938L106 CHINA GOLD CORP CGDC 05/14/10
56 29445M103 EQUIPMENT AND SYSTEMS EQSE 05/14/10
57 380795104 GOLDEN APPLE OIL AND GAS GAPJ 05/14/10
58 38144Y102 GOLDMARK INDUSTRIES INC GDKI 05/14/10
59 39573M106 GREENSTAR LIGHTING GRLH 05/14/10
60 46262T102 IPACKETS INTERNATIONAL IPKL 05/14/10
61 54147U104 LOM LOGISTICS INC LOMJ 05/14/10
62 63008E109 NANO FORCE INC NNFC 05/14/10
63 92855W102 VIYYA TECHNOLOGIES INC VYON 05/14/10
64 53219E808 LIFELINE BIOTECHNOLOGIES, INC LLBO 05/03/10
65 84915Q100 SPOOZ, INC. SPZI 05/03/10
66 G4411NAA5 HERITAGE INV CAP LTD, Ltd 9% 8/31/2010 N/A 04/21/10
67 607587409 MODERN ENERGY CL B MDRG 03/25/10
68 607587201 MODERN ENERGY N/A 03/15/10
69 39573P208 GREENSTONE HOLDINGS INC GSHN 02/23/10
70 272023102 EAST DELTA RESOURCES CORP N/A 02/05/10
71 01374L109 ALCHEMY CREATIVE INC ALMY 01/26/10
72 08782W106 BEVERAGE CREATIONS INC BVRG 01/26/10
73 62847C100 MY VINTAGE BABY MVCY 01/26/10
74 61944V102 MOSAIC NUTRICEUTICALS N/A 01/12/10
75 256647108 DOLL TECH GRP INC DTGP 10/13/09
76 169364106 CHINA ADNET ENTERPRISES CAEJ 10/13/09
77 50115V108 KSW INDUSTRIES INC* KSW 10/13/09
78 45775F104 INNOLIFE PHARMA INC INNF 10/13/09
79 53184V108 LIFE EXCHANGE INC LFXG 10/13/09
80 527299101 LEVEL VISION ELECTRO LVLV 10/13/09
81 54569N109 LOTTA COAL INC LCOL 10/13/09
82 559071204 MAGELLAN ENERGY LTD MGLG 10/13/09
83 568093108 MARINAS INTERNATIONAL INC MNSI 10/13/09
84 73035T102 POCKETOP CORPORATION* PKTO 10/13/09
85 902658103 UDS GROUP INC. COM UDSG 10/13/09
86 91021P207 UTD ENVIRO ENERGY CORP UTEM 10/13/09
87 91688L200 UPTREND CORPORATION UPCP 10/13/09
88 92909T204 VSHIELD SOFTWARE CORPORATION VSHE 10/13/09
89 98148A203 WORLD HOCKEY ASSOCIATION WHKA 10/13/09
90 929367100 WW ENERGY INC WWNG 10/13/09
91 294113105 ENZYME ENVIRONMENTAL EESO 09/30/09
92 761379106 REVENGE DESIGNS RVGD 09/30/09
93 22743P100 CROSS ATLANTIC COMMODITIES CXAC 09/30/09
94 46018A100 INT'L POWER GROUP IPWG 09/30/09
95 27031F102 EARTH BIOFUELS EBOF 06/17/09

[sleepthief]

-40% with a $9 trade lol

[BL°]

I am still able to trade my shares through e*trade

and nothing has changed ticker wise, I would contact your broker

[davo808]

Ummm, ok so my broker now lists my shares under what appears to be a CUSIP # instead of the MWIS ticker symbol. Is this permanent? The stock is still trading from what I can see (had volume today), so why are my shares suddenly unavailable? I've bought shares in companies that have filed 15-12G forms before w/ no problem. What is the issue here w/ MWIS?

[Fonzy35]

Delisted?

[Taking_Profits]

sorry but I don't think so.

[Founder77]

I'm wondering if this is going to rise up so people can get out

[sleepthief]

8-K Out

ih.advfn.com/p.php?pid=nmona&article=48167929

[sleepthief]

Well...

(a) The significant costs associated with regulatory compliance impose a burden that the Company cannot bear given its current financial position. In addition, the current benefits of being a public company is outweighed by the financial burdens imposed by such status; and

(b) The shares of the company are currently held by less than 300 record holders and are thinly traded.

Upon removal of listing, the Company shall cease to file reports with the Security and Exchange Commission.

[Redlegs]

You think they signed this agreement to just not exist anymore???

Vringo and m-Wise Sign Strategic Cooperation Agreement

[sleepthief]

Highly doubt it.

[Redlegs]

R/M coming IMO.

[sleepthief]

Buh-bye MWIS . Glad I played free shares. Oh well.

[Redlegs]

MWIS form 15 out.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8004771

[LicharTin]

MWIS chart gone from stockcharts.com

[LicharTin]

this is a good start for MWIS IMO

[bman17]

Yep, back on radar now that the sale of assets has been nixed and that both companies remain separate, viable entities working together.


Vringo and m-Wise Sign Strategic Cooperation Agreement
M-Wise (OTCBB:MWIS)
Intraday Stock Chart

Today : Friday 10 June 2011
Click Here for more M-Wise Charts.

Vringo, Inc. (NYSE Amex: VRNG), a provider of software platforms for mobile video applications and video ringtones, today announced that it has entered into a Strategic Cooperation Agreement (the “Agreement”) with m-Wise, Inc. (OTCBB: MWIS), a technology expert in mobile content management and delivery.

The Agreement supersedes prior arrangements and proposed transactions between the companies, including the non-binding Letter of Intent entered into between the parties on March 8, 2011, pursuant to which Vringo agreed, subject to certain conditions, to purchase all or substantially all of the assets of m-Wise, which has been terminated.

Under the terms of the Agreement, the parties agree to cooperate on projects while retaining their respective intellectual property and independent operations. In addition, the parties agree to make introductions and referrals to the products and services of the other party and will receive commissions for successful referrals. Vringo will also license m-Wise’s MOMA platform to build and sell services. The Agreement allows Vringo and m-Wise to continue to work closely together and expand joint sales and marketing opportunities with leading content owners and service providers within the mobile communications arena. Financial terms of the Agreement are not being disclosed.

"We believe this strategic agreement is a positive step forward for both Vringo and m-Wise," said Jon Medved, Vringo's Chief Executive Officer. "Vringo and m-Wise have already begun to work together and our teams have jointly worked on the launch of several upcoming services. By formalizing our cooperation, we will be able to continue to utilize m-Wise’s rich back-end server technology in conjunction with our significant video application capabilities. We intend to work closely with m-Wise to release multiple new video and other mobile consumer services to our growing family of content and carrier partners."

m-Wise provides a platform used by leading content owners and service providers to manage, deliver and monetize mobile entertainment, content and applications. The m-Wise mobile software as a service (SaaS) platform is used to power over three million daily mobile service transactions world-wide, and m-Wise has performed over one billion mobile transactions in the aggregate since it was founded in March 2000.

m-Wise's platform has been utilized in over 300 applications across more than 50 mobile networks by more than 50 international content and media providers. m-Wise's current customers include leading companies such as SendmeMobile (formerly Thumbplay), Jesta Digital (formerly Fox Mobile Group), Universal Music Group, Digicel and Snackable Media. These m-Wise-enabled applications for content and media partners include content delivery services, ringtones, music, video, games, information services, alerts and advertising and promotions, all of which were developed and delivered from the cloud on a hosted basis.

Zach Sivan, m-Wise's CEO, commented, "We look forward to strengthening our relationship with Vringo as a key partner, leveraging our product strengths to offer content and media providers the solutions they require in order to provide value added mobile services. We believe our partnership with Vringo will help provide a rich end-to-end mobile application service platform to an expanded list of customers, as well as directly to consumers."

Vringo offers a range of fully-hosted mobile video platforms for partners and consumers. Vringo’s award winning video ringtone platform is currently deployed with international partners in eight markets with new launches anticipated in the current quarter. Vringo's scalable cloud-based distributed application architecture enables the partners’ subscribers to browse and download mobile videos, set them as video ringtones and instantly share them with friends. Vringo also has content partnerships with major content providers including EMI, T-Pain, Tiesto, Muhammad Ali, Turner, Marvel, Discovery Mobile, RTL, Ingrooves and Agence France-Presse.

About m-Wise

Founded in 2000, m-Wise has established itself as a leading international provider of enabling technologies for the mobile entertainment and marketing industries, powering market leaders such as SendmeMobile (formerly Thumbplay), Jesta Digital (formerly Fox Mobile Group) and Universal Music Group. m-Wise is the developer of the MOMA ("Mobile Originated Message Access") platform, the de facto content management and service delivery platform used on or through more than 50 mobile networks throughout Europe, North and Latin America and Asia.

MOMA is an integrated "one stop shop" for mobile operators, wireless ASPs, content providers, and media producers to deliver end-users with a state-of-the-art mobile experience. MOMA makes it easy not only to manage and deliver content such as entertainment, music, games, and video without specific regard to handset compatibility but also adds real-time end-user capabilities such as voting, mobile marketing, advertising and access to live data.

For more information, visit: www.m-wise.com

About Vringo

Vringo (NYSE Amex: VRNG) is a leading provider of software platforms for mobile video services and video ringtones. With its award-winning video ringtone application and other mobile software platforms, Vringo transforms the basic act of making and receiving mobile phone calls into a highly visual, social experience. Vringo’s core mobile application, which is compatible with more than 400 handsets, enables users to create or take video, images and slideshows from virtually anywhere and turn it into their visual call signature. In a first for the mobile industry, Vringo has introduced its patented VringForward technology, which allows users to share video clips with friends with a simple call. Vringo has been heralded by The New York Times as "the next big thing in ringtones" and USA Today said Vringo’s application has "to be seen to be believed." Vringo has launched its service with various international mobile operators, holds licensing deals with over 40 major content partners and maintains a library of more than 12,000 video ringtones for users in various territories. For more information, visit: http://ir.vringo.com.

For more information about how video ringtones work, visit: www.vringo.com.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. Vringo expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.

[Founder77]

I really would like to know who this news is interesting? They stated about a month ago that the shareholder of MWIS will not receive any benefit from this merger. Then again hopefully I'm wrong today and Monday will be a day of blue skies and green grass.

[XyzTrader]

big AH news today, should get interesting on monday imo

[LicharTin]

on watch again monday

[Redlegs]

MWIS news out...FYI

http://ih.advfn.com/p.php?pid=nmona&article=48030028

[Fonzy35]

Is this Stock still active for trading?

[pennysoldier]

I don't know. I'll take it though. I do have a question; I have not been back to scottrade in a while. Are they still restricting the sell? I tried to trade over to fedelity and scottrade took the shares back. I will never, ever trade through scottrade again and if I find out they are involved in anything I own, I will change to a different company asap. I would even sell at a loss because I will never, ever do business with scottrade or their subsidiaries knowingly again as long as I live.

[Founder77]

Ok we are going up today! what the heck does anyone know why?

[lorena]

is it trading? yes

[tampa002]

cool i will have to read it later!

[sleepthief]

10-Q is out.

10-Q

[techs12]

I sold all of my shares. A while back I posted here saying that I was able to transfer my shares of MWIS from Scottrade to Zecco via a transfer request.

Recently, I was able to sell all of my shares of MWIS through Zecco (for a loss) but got out at .008. I simply stopped trying to sell via a limit order, and my market order was accepted.

Hope this helps.

[tampa002]

from what i have heard from previous post this lock could be years. I still Hope for the best for us shareholders! I hope mwise will do something about this!

[lorena]

thank you Tampa for the repl- but do you really think our money is lost now? i can´t sell- every order is getting deleted from th broker. what can we do now- is there a chance that the lock gets lifted and that the stock will traded anymore at pink sheets?

[tampa002]

okay - about this link - years ago mwis had 2 executives committing stock fraud. When mwis found out they both resigned, and paid a $400,000 fine. These two characters are no longer with this company. Now Presently the criminal case is going through the American courts and the SEC is starting their case against these two exec's. That case issued by the SEC put a trading halt on this stock with the thus some of us cannot trade ours shares. Which is Bull**** because MWIS has nothing to do with this case anymore. We the shareholders are suffering now, it makes no sense!



links

""We are currently not involved in any material legal proceedings. However, the United States Exchange Commission ("SEC") commenced an investigation concerning the Company, along with certain Officers and Directors of the Company, and other unrelated entities for alleged violations of Sections 10(b) and 13(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Sections 5 and 17(a) of the Securities Act of 1933 which occurred in 2005. The Company and its officers and directors agreed to enter into a settlement in the amount of $400,000 on February 8, 2011 without admitting or denying any wrongdoing.""
www.sec.gov/Archives/edgar/data/1242047/000114420411018790/v216632_10k.htm

the link showing the employees that committed the fraud resigning
Item 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGMENT OF A REGISTRANT

In connection with the previously disclosed SEC Action, the Company, Mordechai Broudo and Shay Ben-Asulin chose to enter into a settlement with the SEC without admitting any wrongdoing and to pay disgorgement in the amount of $400,000 pursuant to an agreed upon schedule.


Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS

On February 1, 2011 Mordechai Broudo resigned from his position as Chairman of the Board and Secretary of m-Wise Inc and as Director of m-Wise Ltd.

Shay Ben-Asulin resigned from his position as Director of m-Wise Inc and m-Wise Ltd.

The new appointed chairman of the company is Mr. Jeffrey Hayzlett and the sole director of the company is Mr. Shlomi Azoulay.

sec case below naming the resigned mwise exec's
www.sec.gov/litigation/complaints/2011/comp21833.pdf

(below is the clearing company that trades mwise)
www.dtcc.com/

this is there freeze on mwise because of sec action
http://www.dtcc.com/downloads/legal/imp_notices/2011/dtc/ope/0351-11.pdf

you see if you read the case the sec is investigating the individuals and not mwise. however this clearing company froze the shares because of this case that we have nothing to do with! it is all so frustrating it is like i throw my hard earned money right down the drain! hope this helps you out though!