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Yahoo msge bd claims ch 7 bk
can t find it
can you ?
thx
MK
SOYO $125M sales, $55M in Assets, .06/EPS, .25 book value, 60M O/S with 40M float.
Current Market Cap $1.2M @ .02/shr
http://ih.advfn.com/p.php?pid=financials&cb=1241292111&symbol=NB%5ESOYOE
Buys over sells 4/1 on record volume friday, and we go down 33%, MM manipulation.
http://ih.advfn.com/p.php?pid=trades&cb=1241291177&symbol=NB^SOYOE&java_vm=sun&java_vm_ver=1.6.0_13&fp=9.0.124
Which makes no sense, the two companies have been business partners for years, and still are appearently.
Honeywell licenses brand name for flat-panel televisions
March 5, 2007
Soyo will design and distribute the liquid-crystal-display TVs and pay Honeywell royalties. In addition, the deal eventually may result in Honeywell-branded computer monitors and displays, although executives of the two companies declined to elaborate.
They wouldn't release sales forecasts or other financial details, beyond saying that the six-and-a-half-year agreement will provide a minimum of $3.84 million in royalties for Honeywell.
http://www.honeywellce.com/#About-Us
SOYO run website.
Seems Honeywell is suing Soyo for a Trademark violation. If you want more information on the case you have to pay.
Here is the link to the court docket:
http://dockets.justia.com/docket/court-nysdce/case_no-1:2009cv03909/case_id-344424/
Honeywell International Inc. v. Soyo Group Inc.
Plaintiff: Honeywell International Inc.
Defendant: Soyo Group Inc.
Case Number: 1:2009cv03909
Filed: April 20, 2009
Court: New York Southern District Court
Office: Foley Square Office [ Court Info ]
County: XX Out of State
Presiding Judge: Judge William H. Pauley III
Nature of Suit: Intellectual Property - Trademark
Cause: 15:1114 Trademark Infringement
Jurisdiction: Federal Question
Jury Demanded By: None
Interesting thanks for the heads up. I'll keep an eye on it.
SOYO has a book value of .25 and are profitable as of thier last filing. Known worldwide and had revs of $125M last year. Could easily trade on the NASDAQ a year from now, if there share price was over a buck. There could also be some bad news looming, that speculation puts a dollar stock at .02 and provides investors with another chance to roll the dice.
Check out thier website and see what you think?
http://www.soyo.com/
ahh, thx, on the message board. never use that over there. and don´t have any shares since at least last? year...
No. go to Yahoo there s a link
there, but it just gives the
beginning of it
then you have to pay
lol
send e mail to IR
see if they answer
MK
do you have a link for that?
Accdg to Yahoo, Honeywell
is suing Soyo
hmmmmh
MK
SOYOE new lo today
nibbling some
MK
Agreed. But once it's had a run like it did earlier in the week, I tread lightly and get picky.
That might be wishful thinking
lol
MK
I won;t play it unless it drops beow .002
Yeah watching it closely
looks like the float is small
MK
Wonder how low they will take it down this time. I'll bet this bounces again soon.
Down again
MK
Nice bounce today, up 80%
Didn t last too long
MK
yeah i am watching too. low .02's would have been nice.
Thx, maybe worth watching
from here
filed NT10K
MK
Havent been watching, same chart as most stocks these days.maybe the bad electronics market price softening.
~Rig
What happened here
you know ?
thx
MK
Plummeting
Any idea what is going on with SOYO the past few days?
-BF
I don't. Talk to Rigatoni, he might be able to help.
asus, do you have any connection with soyo at all? we will be launching a new part of our business soon and we will be giving away possibly t.v.s, flat monitors,etc. and was wondering if possibly soyo would give us a deal for purchasing large amounts. any thoughts.
It's a sad thing but it doesn't look good for SOYO. I was moderately optomistic back in early 2007 but things just aren't going well at all.
The margins were always razor thin. The Honeywell brand TV's were a good try but with the fierce competition out there it just didn't happen.
There was quite a bit of irrational exuberance on the board. I tried to moderate it as best as I could with rational thought, but people will do what they will do.
One would think that after someone who sat in the same room as the CEO of Honeywell and reported here that he said he will absolutely not move into consumer electronics biz that folks on the board wouldn't buy into the hype of a buyout by Honeywell. That's just an example but it did happen.
I see this one is hitting bargain price levels..she's on the list~
I believe Asus' point is the Digital Transistion is going to happen on Feburary 9, 2009. And where the family dinner a generation ago was the hub of the family, the TV now takes that place.
And many people would rather splurge a bit on a new TV then upgrade with a tuner box.
And your point?
S.
2009 will be a record year for TV sales, despite recession.
No it won't make it. To zero in 2009. Good try but in this economy nobody wants HD TVs...or at least enough of them to help SOYO survive.....
S.
Sales of TV sets turning into litmus test for U.S. economy
Electronics stores leading way in fight for wary consumers
By Matt Richtel
NEW YORK TIMES NEWS SERVICE
November 30, 2008
SAN FRANCISCO – In a volatile year that has turned many Americans into armchair economists, here's an important indicator to watch this holiday shopping season: How many people are lugging home big, flat-screen televisions?
DAVID ZALUBOWSKI / Associated Press
Black Friday shoppers aimed to take advantage of reduced prices on television sets at a Sears store in a shopping center in Aurora, Colo., a Denver suburb.
The answer matters to more than just TV makers. Just as high-definition TV sets have become the hearth of the digital home, they are increasingly central to the fortunes of the consumer electronics industry and plenty of retailers.
There's reason for serious concern. While retailers are trying to use discounted TVs as a lure for shoppers, many would-be buyers continue to wait for a magical price that is low enough to inspire a purchase. Others just have more pressing needs.
“The question is whether I buy a TV or something more important,” said David Lunsford, 62, who visited a Circuit City near San Francisco last week to shop for big-screen TVs. He would love to replace his aging rear-projection set, but he worried that he needed to save money in case family members hit tough times.
“I'm a stable provider. They may turn to me,” said Lunsford, who works for the federal government.
Americans are expected to spend $28 billion this year on TVs, making them the largest segment of the $173 billion electronics industry. So far, about half of American households have made the jump to flat-panel screens, which started out as status symbols but are on their way to becoming standard household appliances.
Advertisement More people may choose to upgrade this year because of the national switchover to digital broadcast signals that is coming Feb. 17. The change, which will mostly affect people who watch over-the-air signals on older sets, has generated a good amount of consumer confusion, which could be good for sales of new sets.
TVs also are a gateway to a host of other products, such as Blu-ray discs and their players; surround-sound audio systems; digital video recorders; and cable.
All of these factors have led electronics stores such as Circuit City and Best Buy, and even less specialized chains including Sears, Wal-Mart and Office Depot, to put TVs front and center in their advertising recently, promoting them on the cover of Sunday circulars and on the home pages of Web sites.
The stores are offering discounts – such as 42-inch TVs for less than $700 and 32-inch sets for $450 – that come on top of recent steep price declines for the sets.
For the industry, the feeling is that if retailers cannot get TVs to move, the holiday season could be a bleak one indeed. In that sense, the TV market offers a glimpse of the broader tensions this year between wary consumers on the one hand and retailers and manufacturers desperate to spur sales on the other.
“The television becomes a litmus test of the robustness of the American economy,” said Richard Doherty, an electronics industry analyst with the research firm Envisioneering. In his consumer surveys, the early word is mixed; many consumers want a new TV, but they think that if they wait to buy, retailers will drop prices further.
There were signs on Black Friday that more cuts might be necessary. At two malls outside Portland, Ore., the electronics stores were the only ones that were full of shoppers. But people seemed to be gravitating toward lower-priced items such as video games instead of televisions.
Doherty's firm tracked stores in New York and California and found that for some retailers, it was the slowest Black Friday of the decade. “There are lots of big-screen TVs still standing on the show floor,” he said. “This is not what was expected by retailers or manufacturers.”
Store owners may cut TV prices even further with revamped sales starting today, Doherty said.
Steven Caldero, chief operating officer of Ken Cranes, a 10-store consumer electronics chain in the Los Angeles area, painted a rosier picture.
“Our traffic has been very good,” Caldero said Friday. “Our sales have been good. I think people went out and decided to buy something to make themselves feel better.”
In just the first two hours of operation Friday, Ken Cranes matched about one-third of the business it did for all of Black Friday last year, he said. But while consumers bought plenty of TVs, they shied away from purchasing complementary products such as audio systems, Caldero said.
“I am not seeing as much of that as I would like to see,” he said. Consumers eyeing televisions have historically been rewarded for their patience: Flat-panel prices have fallen by nearly half in the past two years.
A year ago, for example, Sony sold a 40-inch model for $1,600 that now costs $1,000, and a 32-inch model for $1,100 that now goes for $749. And Sony is one of the costlier brands. Several manufacturers are selling 32-inch TVs for $450 to $500. Mammoth TVs, those more than 50 inches, have come down, too; Best Buy is offering a 52-inch Sharp for $1,299.
Beyond price drops, manufacturers and retailers are trying to spur demand with other incentives. At Circuit City, for instance, televisions get a 60-day price guarantee, whereas other products have a 30-day guarantee. Reflecting the special place held by TVs, Circuit City also offers 36 months of interest-free payments on some larger sets, compared with 24 months for other products.
Many major retailers are sweetening the pot by bundling TVs with high-definition DVD players or by offering discount bundles on cable. They announced Black Friday deals weeks in advance, and some – such as Best Buy – began sales events in the days before Thanksgiving, with heavy promotions on TVs.
Yet consumers remain cautious, and manufacturers are nervous.
Caldero of Ken Cranes said he had been in constant contact with electronics manufacturers, including TV makers, that were trying to gauge demand.
“I've had more calls from vendors in the last few weeks than I've had in the last three years,” he said. “They want to know what's going on, how's business, what's working and what's not.”
Just to be safe, TV makers have been shipping fewer sets – but they may not have pulled back fast enough.
In the third quarter, shipments to North American retailers of LCD TVs rose 21 percent from a year ago, and those of plasma TVs rose 20 percent, according to DisplaySearch, a market research firm. That's down from growth rates in the past two years that at times hit triple digits.
Paul Semenza, an analyst with DisplaySearch, said that the sharp downturn in retail sales of TVs did not hit until mid-October, so despite the slowdown in shipments, the retailers and manufacturers were still facing a glut of sets.
“Oversupply has just cascaded,” Semenza said.
As in other industries, that oversupply, and the uncertainty of consumer demand, has caused problems further back in the manufacturing and supply chain. In Taiwan and South Korea, where the LCD screens for the sets are made, prices are falling 5 percent to 9 percent a month – a “tremendous drop,” said Andrew Abrams, an analyst with Avian Securities, which tracks the electronics industry. Such drops suggest that retailers have far too much inventory, and Abrams said he expects another round of price cuts.
The question is, who will blink first: manufacturers and retailers, or consumers?
Bruce Tripido, vice president for marketing at the TV maker Sharp, said adequate discounts were already in place.
“We're not looking to shift gears from the offers we've planned,” Tripido said. “The pricing is so compelling for this holiday selling season that it's to the point of (being) irresistible.”
Yet resistance remains for many consumers, such as Bayani Deluna Jr., 35, who stood last week at a San Francisco-area Best Buy looking longingly at a 32-inch Sony television.
Deluna, who worked as a parking valet until a few weeks ago when he went on disability, is waiting for the $600 price to drop. “If it comes down to $450, I'd buy it,” he said. “And I'm sure the price is going to come down.”
will SOYO survive? hope not another syntax case.. GLLs
Keeps going down. Should hit zero with a few months...another company down the tubes.....thanks GWB
S.
No one left on this board. SOYO is dead I suppose like many suffering companies....
S.
How is SOYO doing these days? Very quiet I see.
S.
Earnings news!: http://biz.yahoo.com/e/081110/soyo.ob10-q.html
SOYO ~> Back on watch
Pinnacle Digest:Investment Club Names SOYO Group A Company Of Interest
Fri. October 24, 2008; Posted: 03:55 AM
Do you want to trade professionally? Click here.
Oct 24, 2008 (M2 PRESSWIRE via COMTEX) -- SOYOE | Quote | Chart
| News | PowerRating -- www.PinnacleDigest.com is a performance-driven online financial magazine and social network with a proven track record. After yesterday's news from SOYO Group Inc. (OTCBB:SOYO) announcing that they signed an exclusive agreement with ReelTime Rentals, Inc. to provide on-demand media content, our team has launched their exclusive investor controlled forum. Our staff and members have requested that all SOYO Group shareholders join our community and share their thoughts on the company, its development and future outlook. One of the most important aspects when we research for new investments is to understand the sentiment of the current shareholders; that is why we have released this announcement - we want to know your opinion.
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(from RLTR board)
Quote 03-19-08
"Yes, we must, indeed, all hang together, or most assuredly we shall all hang separately." ~Benjamin Franklin to John Hancock
SOYO Signs Agreement With ReelTime.com to Provide In-Box Media Content
SOYO HDTV & LCD Customers to Receive FreeTrial to ReelTime Streaming Video Service
ONTARIO, Calif., Oct 23, 2008 (GlobeNewswire via COMTEX) -- SOYO Group Inc. ("SOYO" or "Company") (OTCBB:SOYO), an innovative provider of computer and consumer electronics products, announced today that they signed an exclusive agreement (agreement) with ReelTime Rentals, Inc. to provide on-demand media content. The agreement requires SOYO to provide a 30-day free trial to ReelTime streaming video service with all of its LCD monitors and televisions. In return, ReelTime will provide revenue sharing compensation to SOYO for all future ReelTime.com subscribers generated from SOYO's marketing efforts.
"Combining our high-quality products with ReelTime's second generation streaming video will provide synergy to both our businesses," said SOYO Chairman and CEO, Ming Chok. "Part of our HDTV and monitor development and commercialization strategy includes taking advantage of the ongoing convergence of the media market, which includes cable and satellite content providers, the world wide internet and personal computers."
On-Demand Video services have grown significantly in recent years, and online digital media sourcing is expected to be the next big growth area. To address these markets, SOYO sells high definition televisions, monitors and other products under three brand names, Prive, SOYO and Honeywell.
"This partnership creates immense opportunity," said ReelTime CEO, Barry Henthorn. "We plan to target one million new consumers annually over the term of this agreement. SOYO HDTV and monitor customers can now experience our full-screen high-quality box office hit movies, in what we call 'Point, Click, and Watch' from the comfort of their own homes."
ReelTime's instant rental service is legal, safe and easy to use. ReelTime's proprietary method of delivering top-quality video is matched with cutting-edge encryption protocols to protect the intellectual property of the content owners and combat the threat of piracy. Customers enjoy lower prices and greater convenience than rental outlets or rent-by-mail services by shopping online from the comfort of your own home, and viewing your choices immediately.
SOYO's Retail Outlets
As part of its overall strategy, SOYO strives to have redundant retail outlets, with none having too large a demand on SOYO's total sales revenue. U.S. retailers that are currently selling or are expected to sell SOYO products include: 6th Ave Electronics; Amazon; American TV; Archbrook Laguna; Costco.com; DataVision; DBL Distributing; eCost.com; Fry's Electronics; J&R Electronics Inc.; Office Max; Overstock; Target.com; and Rex TV.
Canadian retailers that are currently selling or are expected to sell SOYO products include: Canadian Tire' Costco.com; Office Depot; and OverRunz.
Latin America retailers that are currently selling or are expected to sell SOYO products include: Ceven Corp; Deltron Computer; Excellent distributors; Icompy S.A.; Leader Tech S.A.; SAT International; and Star Computer, which sells products through the following retail outlets: XPC; Sistemas Comport; Prodecom; Intcomex; and Pimecor.
About the Agreement
According to the agreement, every customer who purchases a SOYO TV or LCD Monitor with the ReelTime sticker on the product package receives "ReelCash" (from ReelTime). "ReelCash" entitles the purchaser to a free one month subscription and one free rental of a premium title and access to over 700 movies and 1,700 TV shows through ReelTime's website. ReelTime shall issue to SOYO one million (1,000,000) shares of ReelTime Rentals, Inc. restricted common stock and provide revenue sharing compensation to SOYO for all future ReelTime.com subscribers generated from SOYO's marketing efforts.
About SOYO Inc.
SOYO, Inc. is a leading global provider of computer, consumer electronics, and broadband telecommunications products and services. Headquartered in Ontario, Calif., with sales offices in Latin America, the SOYO brand has become synonymous with quality, performance and value. For more information about the company and its products, please call 909-292-2500 or visit our Web site at http://www.SOYO.com.
About ReelTime Rentals, Inc.
ReelTime Rentals, Inc. (Pink Sheets:RLTR) is a leading global provider of online movie and television content with innovative Intelligent Rapid Delivery System (IRDS) technology that not only significantly reduces bandwidth distribution costs by up to 97%, from traditional sources, but also increases quality and resolution for consumers, all at the same time. With major content deals signed with Sony, Disney, Lightworks, ReelMMA.com/LG Sports Marketing and TMS Entertainment USA, ReelTime is quickly changing the larger online movie distribution paradigm. ReelTime Rentals, Inc. (www.ReelTime.com) is headquartered in Seattle, Washington.
"Safe Harbor" Statement
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. The words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions, are intended to identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the availability of components and successful production of the company's products, successful performance of internal plans, the impact of competitive services and pricing, general economic risks and uncertainties, and various other information detailed from time to time in the company's filings with the United States Securities and Exchange Commission. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Please refer to the company's filings at http://www.sec.gov.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: SOYO Group Inc.
By Staff
CONTACT: SOYO Group Inc.
Edward O'Brien, Director of Marketing
(909) 292-2521
edwardo@soyo.com
Segue Ventures LLC
Investor Relations
Craig Bird
(215)392-4981
chbird@segue.biz
(C) Copyright 2008 GlobeNewswire, Inc. All rights reserved.
-0-
INDUSTRY KEYWORD: Computer & Peripherals
SUBJECT CODE: ELECTRONICS
LICENSING AGREEMENTS
Product Services Announcement
Licensing Agreements
not a good time to need...
financing - but they have the increased share authorization as a lifeline if needed - survival is critical, of course.
Pink Floyd, is there anybody out there? Has this board closed down?
WHERE DID OUR COMPANY GO. SILENCE FOR A MONTH. I CANNOT EVEN GET THE PR GUY TO CALL OR E-MAIL BACK. DOES ANYONE HAVE A CLUE WHAT IS GOING ON WITH THE COMPANY RIGHT NOW? WHERE IS THE PR AND MORE OPEN LINE OF COMMUNICATIONS WITH SHAREHOLDERS. I'M STARTING TO THINK THIS COMPANY WILL ALWAYS BE A PENNY STOCK AND BE UNDER $1 5 YEARS FROM NOW. THE BOARDS PRIOR ANSWER TO THE REASON THE STOCK TRADES SO LOW IS THAT "IT BAFFLES THEM" WHY THE STOCK IS WHERE IT IS.
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