banned
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
it was all done electronically. I received free trading shares.
Here is my history of SSPT. I owned 800,000 shares before the R/S. Actually, I had forgot that I had them. It appears that on 11/18 the split occurred. On 12/13 I received my shares.
12/13/2010 Bought 8000 SSPTD@$0.00 N/A Executed Detail
12/13/2010 Sell 800000 SSPTXZ@$0.00 N/A Executed Detail
12/13/2010 Buy 8000 SSPTD@$0.00 N/A Executed Detail
12/13/2010 Sold 800000 SSPTXZ@$0.00 N/A Executed Detail
11/18/2010 Bought 8000 SSPTD@$0.00 N/A Executed Detail
11/18/2010 Sold 800000 SSPT@$0.00 N/A Executed Detail
11/18/2010 Sold 8000 SSPTD@$0.00 N/A Executed Detail
11/18/2010 Bought 800000 SSPTXZ@$0.00 N/A Executed Detail
11/18/2010 Sell 800000 SSPT@$0.00 N/A Executed Detail
11/18/2010 Buy 8000 SSPTD@$0.00 N/A Executed Detail
11/18/2010 Buy 800000 SSPTXZ@$0.00 N/A Executed Detail
11/18/2010 Sell 8000 SSPTD@$0.00 N/A Executed Detail
after a couple of pennies I will be back in the green from shares before the split. Unfortuntely Im not in a position to invest any more in this one.
I would love to see .10 tomorrow.
From my Zecco history:
---------------------------
11/18/2010 Sell 800000 SSPT@$0.00 N/A Executed Detail
11/18/2010 Buy 8000 SSPTD@$0.00 N/A Executed Detail
11/18/2010 Buy 800000 SSPTXZ@$0.00 N/A Executed Detail
11/18/2010 Sell 8000 SSPTD@$0.00 N/A Executed Detail
11/18/2010 Sold 800000 SSPT@$0.00 N/A Executed Detail
11/18/2010 Bought 8000 SSPTD@$0.00 N/A Executed Detail
11/18/2010 Sold 8000 SSPTD@$0.00 N/A Executed Detail
11/18/2010 Bought 800000 SSPTXZ@$0.00 N/A Executed Detail
----------------------------
All I have done is buy 800,000 shares back in June and now I want to consider selling at some point.
Instead I have now 800000 SSPTXZ which I cannot sell.
I have 800,000 shares of SSPT through Zecco from before they became SSPTD.
Can someone point to what happened to those or if I should be able to trade or if they are just wiped out. I've been waiting too patiently to see what they are worth now.
Any help/suggestions?
HAHA, not really. The float is a huge problem. The actual POS will allow the waiters and waitresses to send the order direct from table to kitchen/bar and to have the customers pay at the table. This is a huge plus, but not exactly a unique idea.
LCRE is going to outsource their capabilities of inventory, labor scheduling and other restaurant management modules outside of POS. Lecere believes it's their POS features which will propel them to the top.
Just an FYI. Take it for what you will.
LCRE mentioned i-Business Management, LLC in one of their recent press releases.
I have searched on Hoover's and in state corporate registry databases and have not found an actual company by that name.
Glad to hear there are new customers, still hoping for that back office piece of software and Easy as 1-2-3. This however, smells of wasted money.
Sounds like a heck of a guy.
Amazing how, with kindness, such an impact can be made.
My condolences to his family and those who knew him. The world suffers when someone like this passes.
I'm actually getting entertainment from some of TC's posts. Hilarity sometimes. But it wears on you like a broken record after time.
scuMorris is a very bad man. Jim Morris, however, is a successful entrepreneur and businessman.
Wrong. No bid comes at the 6 week mark if Jim Morris doesn't release Easy as 1,2,3 and has no more paying customers.
I'll be honest, he needs to get 10 or 10s of customers on board by then if at all possible, if they are knocking at the door.
No more waiting around.
Jim I hope you can handle the support burden early on. We're counting on you to make it through this tough time.
The bottom line is, if they don't bring on a significant number of customers on by the end of they year, and steady stream of customers even before the internet launch of Easy 10-20-30, this company will have major challenges remaining a going concern.
Yep probably dilution. It would be no suprise.
I hope he got back some of the $100k he paid them.
I sure hope this is the big one. Easy as 1-2-3!!
http://www.lecerecorp.com/ceoblog/ still exists. No updates since July 30.
There is a form to submit your info on the "get started" page. This is new to me. Hope to see easy as 1-2-3 up soon!
There will be more positive posts when easy as 1-2-3 is released and paying customers are brought on board. I am just sitting long waiting for that to begin and them to be able to move on to bigger and better things.
I understand this revenue model will take some time to really get going, but Lecere really needs to have money flowing in from customers now for positive sentiment.
As a follow up to this comment about Casey, here's some dd I did a while back.
Look up these companies:
WireCACHE, inc.
NextGig, Inc
Auspex Systems Inc.
Verity inc.
Sequent Computer Systems, Inc. (Partnership with, then sold to IBM)
Sliceware, Inc
Intel Corporation
Stonefly Networks
Xiotech
Neuberger & Hughes
And he served on the National Board of Directors of the American Electronics Association. Some education at United States Merchant Marine Academy.
He associates himself with winners.
here is some actual feedback:
Chris Wishart, owner of Trio in Mt. Airy, North Carolina:
"Being able to deliver orders to the kitchen and bar from the tables has enabled our restaurant to do what all full service restaurants have always wished they could do: deliver the orders without delay. The FIRMS technology and Lecere's forward thinking has delivered us from wait lines at the tethered terminal and circumvented the server becoming distracted on the way to the tethered terminal. This has led us to become much quicker and more efficient."
"I would be remiss if I also did not bring up the 'cool' factor to all of this. The feedback and interaction at the tables from our customers has been through the roof. The buzz about your technology has been electric in the dining room."
Peter Vizcaino, co-owner of 123 Bolinas in Fairfax, California:
"Our vision has always been to source our foods, wines and furniture locally as well as having them impact the environment as little as possible. Having iPads and iPod Touches being used as our Point of Sale solution through Lecere FIRMS is completely in line with that vision. Instead of having large, immobile computer terminals we have lightweight and flexible hand-helds. The combination of being in front of our guests and having low power consumption machines is something we thought we may never find, but luckily for us we ran across Lecere."
"The process for implementing our menus was quick and easy. Our staff training could not have gone better. The buzz from the guests when they realize we are putting in their order from the IPod Touch is exciting and something we didn’t expect."
I still look forward to the easy 1-2-3 interface.
I see no additional technology, and see a lot more marketing information.
The ceoblog is still the old format, though not linked from the new page.
It is a positive step. Almost there.
Jim has been on time with what he has said and I am sure that easy 1-2-3 is not far away.
There is much more work to do to win this: Troubleshooting issues in FIRMS, improving the software based on feedback, easy 1-2-3 web interface, troubleshoot issues of easy 1-2-3, sales, pricing models, true success stories. That's just a quick gloss over.
Good luck, Jim.
He wont reach 25 billion legally by Dec 1. Are you saying that Jim is a crook? If so, maybe you should contact the proper authorities to have him prosecuted.
I echo the thanks to you people are giving. That was great work.
Did you plan that with the restaurant? The reason I ask is that I am headed to Portland in September and would love to do a similar thing (my video editing skills aren't good so it won't be as professional) at Nepo 42.
Just want to know if there are particular considerations you made with the restaurant that allowed you to actually accomplish this?
It's time for a more comprehensive cost benefit analysis by Lecere, proving out what their estimates are, while helping potential customers understand at a glance what they can expect from cost savings by going with Lecere over traditional systems. Plus more info on the pricing model.
Now Jim is saying:
"For planning purposes, we are estimating that we can achieve an average of $1,200-$1,800 of revenue per month per restaurant"
If this is true, it sure sounds good from an income perspective. $18,000 a year ($1500/mo average) or less than $100,000 in 5 years. Is this all based on per transaction fees or are there monthly support costs, etc?
That still seems somewhat steep (I am not a restaurant owner), but the cost savings are likely much more. Let's just see more justification from Lecere.
Jim also said:
" it is a well-known fact in the restaurant industry that a restaurant without a POS system would see its revenues increase by about 10% when it adds a POS system" "Are there very many restaurants worldwide that are not using a POS system today? Yeah, a hell of a lot."
So there is some justification, but still not enough IMO.
(Jim's quotes are from today's CEO Blog: http://www.lecerecorp.com/ceoblog/)
You are taking to heart a software development stage, speculative guess of pricing by Jim. This statement was made with the caveat that it was a guess. My assumption is that guess was far off the mark.
I think if you and I realize that guessed pricing is prohibitive, any restaurant and Lecere will also realize that. This is why I am interested in seeing a finalized pricing structure (it can't be too far away).
I can't cost justify $250,000-$500,000 over 5 years and no restaurant ever will unless they pull in tens of millions or hundreds of millions in that time. Lecere knows that just as well, I'm sure.
FIRMS is also not just for restaurants.
FIRMS benefits to Lecere’s customers:
o Minimal financial investment, low cost of ownership
o Fast deployment
o Painless support
o “Limitless” Application Resources
The FIRMS software consists of five ondemand
modules:
• Point of sales (POS)
• Accounting
• Powerful online reservations capability for restaurants, hotels, and resorts
• Mapping and geocoding
• Data mining
"FIRMS is an integrated set of Software as a Service (SaaS) modules used for optimizing the
operation of restaurants, hotels, and resorts on any level, ranging from the individual to
multinational chain restaurants, hotels, and resorts."
I do not know the functionality of the others you mentioned, but you said they were POS solutions. That is why I am trying to get more clarity from you on why you think they will be true competitors to FIRMS.
It is not simply a POS solution. FIRMS is Fully Integrated Restaurant Management Software. Please take that into consideration when you are boasting about how expensive this solution may seem compared to other POS solutions.
Looks somewhere between 50-100million more than it was at opening bell yesterday. That's my guess.
Lecere Announces its Strategy for Internet and Electrical Outages in Restaurants
PORTLAND, Oregon – January 25, 2010 – Software start-up LecereTM Corporation (Pink Sheets: LCRE) has announced a strategy in the FIRMSTM restaurant management software for dealing with Internet and electrical outages during normal hours of restaurant operation.
According to Jim Morris, Chairman and CEO, “In every sales situation we encounter, the question always arises as to how Lecere will handle an Internet or electrical outage during normal restaurant operating hours. The loss of Internet service or electrical service to a restaurant can result in loss not only of revenue, but also of customer goodwill.”
Lecere’s primary strategy is based on the availability of a local server and UPS (uninterruptible power supply) that implements a two-tiered database. This provides the customer with the benefit of having data in the cloud for backup and for real-time, multi-site aggregation and analytics, yet also provides the safety net of continued local operations in the case of loss of either Internet service or electrical service. A secondary strategy would utilize the mobile (cellular) wireless network as a backup to Internet outages.
“We will give our customers a choice of a two-tiered database or a mobile wireless network or simply trusting that outages will be so rare they are not cause for alarm. There are tradeoffs associated with each of the first two solutions, but both solutions guarantee that every Lecere restaurant customer will have 24/7 access to the Internet. Loss of Internet service or electrical service, except in the most rare of instances imaginable, will not be an issue for Lecere’s customers.”
Those were purely speculative numbers.
I don't think your association with TDC is of any consequence here as it focuses on data warehousing. If you were a part of Teradata at the time of spinoff, it's likely you didn't have direct working relationships with the POS guys at NCR anyway.
Or is broke like me
I can't clear funds, I have a vacation to portland in sept and am moving starting today, which means double rent in august.
I would consider buying more since this PPS is a steal for this.
Even in a RS, the restricted shares would be subject to the same restructure as the rest.
does a restructure also affect restricted shares?
I see what you mean. Thanks for the heads up on the link.
That's all I have to say about this suspension.
See you all another time.
If http://investorshub.advfn.com/boards/RequestReview.asp?msg_id=52285996 is considered a personal attack, why aren't these: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52284583 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52158086
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52203399
I felt I was staying on topic, as the answers I was looking for directly affect some people's decision on buying the stock.
If the deletion was about asking questions about an individual regarding the stock, why weren't the other messages I posted not considered a personal attack. Was it my question of the turkish prison? Because I simply lifted that from the movie "airplane" trying to add a touch of humor to my post. If not, is there a way to scale that back and still ask some questions when the recipient asks similar questions to myself or others, without getting suspended/banned?
I do understand on the others. I shouldn't have used his full first name and I shouldn't have posted off topic on the others. I will be sure to be more compliant in the future.
Thanks in advance.
Let me know when the next coat company or ice fishing company gets on pinkies. I'm not even close to the beach and it's cold several months of the year. Most people aren't too functional and hibernate. I have no knowledge of swimwear. We just skinny dip cause there is not enough time to cost justify swimwear, especially designer swimwear.
What an opportunity for someone. How do you make meatspace in the winter more accessible to people in the upper Midwest?
how ya doin' shelly. let's get this straightened out, how's that sound?