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That's the # to domino pizza in phoenix, LOLOL.
That's not the # to SCMI ?
What # is that ?
If the companies were merged, we wouldn't have to be asking how many shares are short. MMXT would end up on the SHO list. So, is kenco to be blamed, or should they have merged 2 years ago, and put an end to asking who's short.Peter has been using the short theory on shareholders for years. If he had done something other than used it as an excuse, it may not be happening, or maybe it would be visable to shareholders. It's been 3 years, and they haven't done a thing about it.
It would change everyone's view . The premise of being able to load both the movie and the soundtrack on one disc is great. Now, we have to see it work, or being tested, at the very least.
Someone dumped over 1 million shares in the course of 2 minutes.
That was ugly.
If only they work as advertised. Has anyone spoken with anyone in the company regarding how late the filing will be ?
Is he in charge ? I have my doubts. Look how easily Clement was shown the door.
File they haven't. Here's where we run into head shaking disbelief. Are either of the 2 CEO's currently working on developing new products ? Since they may be as far as an office wall away from each other, what do you think both these guys have been doing the past 9 months, other than getting sued by the third CEO. Forget about the MMXT 6 debacle, these guys couldn't run a corner deli without cutting off fingers .Has the INMOD deal thrown both these guys into such a funk that they can't figure out how to deal with it ? Two CEO's no revenue, late filings, beyond late. this is a gag, the only thing is, shareholders aren't laughing, they're crying.
??????
When they file the report.
It doesn't matter if they file or not. They haven't sold anything for 9 months, and clearly very few think they will, that's what matters.
Selling it now is senseless because the stock is worthless, why do you think there is no volume ? 1 million shares is worth a possible $6,000, if you could get rid of a million shares without it tanking further. The idea of saying that this group has done anything right in the past 4 years pretty much denies the fact that a million shares are worth $6,000 on a good day. My one sided view is well studied, and documented by PR's and such that should make management squirm, as 2 CEO's will sell shares to take their salaries at the end of this week, and their stock combined is worth less than even the worst run pink sheet stocks with no product.
They could care less, Steh. Never have, never will.
Why do you keep asking ? You already know what the answers will be.Things are rolling, prospects out the wazoo ! Is that what you want to hear ? Congrats on your sales at .009, you saved yourself 40%.In the meantime, you seem to want to hear something that can not be taken seriously, only to carp about it when it doesn't happen.
The stock closed at .005, what about that is a bullish sentiment ? They sell nothing, can't get a filing out, and continue to take salaries, including the 2 CEO's, for a company that was supposed to be merged 2 years ago. The worse it gets, the more inane the excuses get. Traders were on vacation ? Come on now.What would have happened if traders were not on vacation, it would have closed at .006 ?
Would someone who went to phoenix care to give shareholders the low down on what they have seen in practical demonstrations ? We have been given a very vague description of the new product(s). What do they offer, who or what companies are they targeting for sales ? Howdy mentioned zune several weeks ago, but there has been no announcements. The company itself hasn't been forthcoming with information regarding any of this. If they have anything,or have shown or tested these products with any major companies,as implied by howdy several weeks ago, why haven't they said anything ? I'm not trying to come off with an acusatory tone, but if someone who has been down there could clearly state what they have seen, who they are showing these products to, regarding labels, or software enhancement majors with these products, maybe the discussion will change for the better. Does anyone know if they have even been able to get into the door of any specific companies ?
Sting, for what it's worth, the hostility is not really directed at you, most likely it's shareholders feeling that the end is near and you are handing out another case of false hope.There is nothing more depressing than watching something you purchased wallow in the throes of a death spiral. If you have the nerve to still buy, I will salute you if something positive ever comes of this.
I didn't "pile on" anyone. I simply stated that other than a PR from this company, the products do not exist.Documentation would mean the products were actually seen and tested, or used by someone, when in fact they have not been, at least not publicly. Even the PR was vague, as usual, as to what these products do. As of today, these products exist only in an SCMI PR. The question posed to sting, who is swearing he has knowledge of these products beyond what was said in the PR, is HOW does he know so much about something that has not really been seen by anyone else I, for one would love to believe these products exist, and are being tested and used by someone. Unfortunately, all the DD in the world could not lead me in that direction. There simply isn't anything.
The SP is .0065, what does that smell like to you ?
That's not documentation. That's like saying the PR's about the dividends, the merger, and all the other bs put into previous PR's counts as documentation.That is why everyone is jumping on stingrays back. For whatever reason, he seems to still take everything this company says seriously, ignoring the fact tht no other documentation for these products exist, including what should be obvious, like patents for the new technologies they are claiming, and sales to someone other than inmod.
As dead as MMXT has been regarding volume, at least we know they intend to file. SADLY, things could actually be worse.
None of that matters. Are you expecting any REAL announcements about revenue within the next 2 to 3 months ? Do you believe that scmi has anything to do with the new zune product from microsoft, as howdy claims, amongst other so far bogus claims ? This is dead until then. Beyond dead, nobody likes a subpenny stock,even those that tried to average down have stopped looking at this.
Sting, do you think Peter does ? He's had 5 years practice. Like I stated, If anyone from the labels respected Clement, he is far and away a better choice than Peter.In 5 years, The chart shows a train wreck, the PR's show fraud, at a major level, and the filings don't exist. I want to know who bought a christmas tree from this guy ? The choice between the 2 may not have been much, but I doubt if shareholders got a vote, peter would have gotten the nod.
What am I missing here. Clement launched a lawsuit, to counter the MMXT lawsuit, MMXT has no money, nor does SCMI, and Clement has to pay out of his pocket for legal fees. We already know how the company will pay, and there is nothing to be gained by either party. Even if Clement wins, what is he going to get ? Maybe 6 months salary, and a bunch of worthless shares. The real question regarding this fiasco is the bigger idiot theory. Who is the bigger idiot ? ISsit clement, for taking the job, or the idiots that hired him. My knowledge of the particulars points me to the latter of the two.
As opposed to Peter, who has proven himself to be totally incapable of forming a truthfull sentence. If KC didn't accidentally burn the building down playing with matches, he did a better job than Jacobs.
With no money, and no products sold, there will likely be a reverse coming up sooner than later, Private placements being the only route for cabbage. Trying to sell blocks of stock at .006 to.008 is an act of futility. If they are that price retail, what could the price be on a private placement ? .005 a share with a warrant ? Has anyone been contacted, or done any P/P 's with this company ?
I meant no insult, and I agree that nobody here is that good, including myself. That being said, i still don't see the logic in announcing a dump beforehand. If I were a potential buyer, even for a 20% swing, your posts would have had me lowering my bid, knowing an anxious seller is trying to move a large position
That much I agree with. spenny, why would you announce your sales, and call the stock worthless, and likely valued lower than you are selling them for ? Who is going to buy your stock, when you yourself have deemed them worth less than what you are trying to sell them for? It's like trying to sell a car, and telling the potential buyer the car runs poorly today, and will probably not run at all in the next few weeks. By any chance, are you in sales ?
If it wasn't him, clearly it was someone else. Maybe someone reading this board other than spenny is liquidating, and is aware that spenny is trying to get .008 a share. Whatever the case, nobody is buying, that much is for certain. Yesterdays volume amounted to less than 7 grand, for a million+ shares. Regarding the shareholders meeting, even if they manage to get some revenue going, do you think Jacobs is stupid enough to get into the same room with the same shareholders he met with 2 years back ? Unarmed ? My bet is the send Scott out there to quell the uneasiness. I don't think Jacobs ever wants to meet a shareholder again.
I wouldn't be counting on a shareholders meeting anytime soon. for what it is worth, this stock is dead Having inmod solutions trying to sell, along with mmxt, and scmi, it doesn't appear to be going too well. 4 months away from a tax write off, 8 months into the new year, soon to be 2 for a penny. Who are they selling the private placements to, and what could the share price be.
Until the reality of sales finally ends up in a PR, we're going to be stuck in the mud. As of friday, the stock (both) trade like a company with no revenue, and no sales pending. Allo the merger talk, etc, means nothing without some form of revenues. They have to prove they are alive to get some interest.
Inmod solutions appears to consist of 1 person, and a website, selling exactly what mediamax is trying to sell.It's now the 8th month of the year, and sales are nowhere to be found.I am going to check out the NY address, to see where it is located, and if it's actually an office, or a virtual suite.
If you're that eager, put them up at .06, i'll take 200,000 shares.
The only bright spot in all this is that if he went through the trouble to file a suit, maybe there is something of value. Both stocks are virtually worthless, at this point. Trying to unload 4.5 million MMXT shares at this time would sink the stock to .001. I would like to know what he is paying his lawyer. I doubt any sane lawyer would take the case without a retainer. These suits take a long time to settle, what would make Clement think these 2 companies are even going to be around that long ?
Steh, Clement took a job in Arizona, and stayed in NY. I don't know what he was supposed to be doing, but he didn't do anything.
looks like another disaster brewing, we are running out of time in a hurry.
K, you make a good point. Consider all that was spent on the merger already, in terms of dilution and cash, and that alone should make it a top priority. Include the fact that a reporting company will find it easier to get LEGIT financing for a reporting going concern, and the financing at a real rate would be far cheaper in the long run then the cost of the merger short term. They already went 3/4 of the way, if you believe what they say. Not completing the merger to get on the OTCBB would be just another black eye, and likely keep investors away. No real investors get into non reporting companies, only gamblers play the pinks.
The suits mean nothing. Clement is suing a company with no money, and no product in the market. What I would like to hear is the other side of the story, as to how this guy was hailed as the guru of copy protection, to a mid level exec, all in a matter of 6 months.