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Take a look at the pre -market
IT LEAVES US IN A BIDDING WAR!!!
That's where it leaves us. Ingenious to say the least! Anything less than an accepted offer, which is what we all would have wanted. Now, any company's on the side lines, have to step up to the plate real soon.
Ibird33, the price of the stock means a lot. Let's say any news in the future ignites the PPS and it pops to a few dollars, then what. An offer is more likely going to be higher.
So to think the BOD don't care about the share price is beyond ridiculous. Yeah, that's just what every shareholder of all companies want to hear.
If you or anyone does what I have suggested before and to tell their friends about this stock and the PPS scares them away. To this day, even when they hear about what's going on, they still won't buy it.
Smcluke, why in the world would you sell now? With that many shares and knowing the company is in the middle of negotiations it won't make any sense. If news isn't what some anticipate, then it's not the end of the stock. IMHO
So, it goes down, it's happened before and it will rise again, IMHO. But, you can do what you want.
Conference call...
What a great time to have one. Let's see if they listen to my recommendation.
I believe they call it dilution!
When I first got in they had 306 million shares. A far cry from where there're at now, huh?
Hey pal, all I have to do is put in a large order, and then I'll get filled. Trust me, that how I got my last order filled. "The art of buying penny stock"! Lol
I'm still standing by my 2015 sale date. Hope I'm wrong.
If an acquisition were to have happened this past week, the acquiring company would have put out an announcement. IMHO, probably news will be no agreement could of been reached. Therefore, maybe a licensing agreement of some sorts. If so, I anticipate the PPS continuing to fall. Presenting more buying opportunity. You can do the math on the true market cap with the projected revenue.
Although these patent (s) are suppose to have billions of dollars in value, YOU MUST HAVE SOMEONE WILLING TO PAY THAT PRICE! And apparently, if no buyout is announced, there currently isn't a company will to do so, at this time. That would be fact. Not to say, it won't happen but, we're into July, then it'll be the end of the year before you know it.
And yeah, to me, it's pretty rude, not to address this before the holiday weekend. Nonsense that it's done to support the stock price. I thought some said management doesn't care about the stock price? Lol
The suspense continues!
There's still time after the early close to issue an announcement. I suspect a licensing agreement of some sorts, which isn't what we'd all like at this point. If so, and if no buyout is announced, then how it's worded in a PR, will determine the course of the PPS.
No buyout, then they must state that they turned down an offer that wasn't of the best interest of the shareholders. Nothing more and nothing less. Of course a price would be great but, they don't have it in them to issue that. IMHO
It'll either be the 4th of July with duds for fireworks OR, the best fireworks display you have ever seen.
Yes but, as it did months ago the PPS usually pulls back once news is released. I expect the same will happen again. Probably due to dilution to fund the purchase or remaining purchase of the bank. IMHO
I don't know how you come up with that logic?
They put themselves in a position where they have to come up with something by the end of the blackout period. They can still announce something after the market closes tomorrow. If no deal for a buyout is going to be announced (which is where I'm leaning), they need to state something to the effect that they turned down an offer that they felt wasn't of the best interest of the shareholders. And talks are going forward with other prospects. Because if not, the PPS, is most certainly going back to the teens. IMHO
Any dollar amount would be greatly appreciated by all. I'm sure most would agree. But, I doubt they'll say that.
It'll probably be a licensing agreement with someone. Which may move the stock a bit but, not what most want. It's getting real old, to tell you the truth. Somethings got to happen real soon. But, I doubt a deal will be struck.
The tension is mounting. Three days remaining on the "blackout". Could there be another extension? Actually if nothing is released tomorrow, I'd be surprised. Can't imagine a press release on the day before a holiday weekend.
Yep, in at $ .0081-.0092....over 150,000+
Not sure how high it can run but last time to dropped after news came out.
"To the moon, Alice"!!!!
What's happening with this stock ??? Why the sudden rise in the PPS? News must be brewing, just like the last run, IMHO
Short interest are at minimum levels at best. Shareholders should only hope and pray more short sellers come in. Once any announcement with either monetizing or buyout, would ignite a tremendous short squeeze. IMHO
Short away, I say!
Well, the RBR is currently being used by everyone the that routes, bills and rates their customers.
Skype, will eventually need the LI and may even be using it now, not sure.
But, the RBR alone, is enough to generate a billion or two, IMHO
Does anyone know who owns the RBR patent for landlines? Don't you think this company would want the RBR for VoIP calls. Very interesting. This company thought their landline patent covered VoIP. Boy were they wrong. Lol
Oh, I strongly believe they have made it know to the right companies, that they want to sell their company. I would agree as I have stated countless times, that they could have always done a better job of getting the word out. But, for wherever reason they have decide not to do this. We wouldn't be sitting at the PPS, now.
That second to last PR, was a lot bigger than what most people realize. This company could have been taken right out from under us, and most don't even realize this. We all would have been outraged to say the least, if the largest shareholder made a deal with a company with a hostile take over!
I would think that if no deal is struck by July 3rd, they would be smart enough to put out a press release stating that they considered but rejected an offer that they felt wasn't worth the value of their patents. And of course, if they could state the dollar amount, that would be even better..... But, you all know, there's that infamous NDA.
The suspense continues!!
Carini, I will have to say, your posts are very insightful and appreciated! I believe most shareholders don't realize what could have happened behind their backs. We could have all been screwed big time. This shows tremendous character in the largest shareholder. Seems like he and the board of directors are looking after the best interest of the shareholders.
Another scary defense of a hostile take over, and it scares me, and that's "dilution"! Hopefully, that will not happen. This is why, I believe a deal needs to be struck real soon! I am sure most would agree.
Here's a question to your theory; Why isn't a potential suitor buying up tens of millions of shares at these low prices? And then the balance at a later date?
You haven't told us anything that's been accurate since you've been on this board! Your fooling no one !
This is good news! And was greatly needed or the PPS would of crashed! Things do take some time and patience is needed. Frankly, they should have extended it thirty days at least. IMHO
Three days and counting!!!....but, with the recent news, you can safely assume no deal will be struck by the end of this week. And possibly no extension, why would they with this news?
Four days and counting!!!!!.....
Deal or extension?..... Or "blackout lifted"? Which one will it be?
I'm leaning towards a 30 day extension!
CEO, well those were my thoughts up until the recent news release. As I have stated countless times, they were being very evasive on addressing the previous announced acquisition talks. They haven't once mention it (except the conference call) in any of here press releases. For whatever reason? NDA, nah don't buy it! .......by doing so, the market reacted as if talks were halted! Sorry, nothing to argue about! That's the impression their PR's were giving. When you state, "monetize" and never mention acquisition talks, what's any investor to think. Hence, the drastic drop in the share price. Period.
Now, things changed! They addressed "talks" were moving forward and a possibility of an agreement seems to be within a week or so. Now, God willing, if a deal is not done by the 20th, they're smart enough to extend the blackout period. If not, well we're back down to ten cents. IMHO
Conference call...
Would be greatly appreciated, especially if there's an extension!
IMHO
MoreCowBells.....good work, until I viewed your predictions. You have a 10-13 billion dollar range on most of them. Where in the world are you getting these estimates? I'm just saying. You really need to be more realistic or your going to be real disappointed when this is finally sold. IMHO
My range is more like $ 2-3 billion. Anything more would be great. But, if you could give a little more insight to how your coming up with these ridiculous figures, I'd appreciate it.
I agree that if these patent (s) are what they say they are, the final agreement could be scary. Especially for those of us that got in under a penny! But, they have to have someone willing to pay that price in the time frame desired.
I keep telling myself, every single VoIP call is using their RBR patent!!! That alone is frightening to say the least. What are they kidding us? How do you put a dollar value on that? It's ridiculous to say the least.
Asher? Isn't that the (toxic) financing company? I believe if so, they were involved with another one of my other penny stocks.
So what's the correct total outstanding shares?
Can someone give me some insight to this company, what's the total outstanding shares and issued shares. Any revenue? IR number. And anything interesting about this company. I'd appreciate it very much.
Ten days and counting! Let the games begin! IMHO, I think a conference call before then, would be tremendous! Hopefully, they'll get a deal done before the 20th. If not, I pray they extend. Because if they lift the blackout period without a deal, look out......Timberr. The PPS will plummet like a rock.
I believe they're smarter than that.
That's right but I'd gladly admit I was wrong, if we see any announcement within the next few months. We will see.
But, who was expecting this recent occurrence. This is exactly what we needed.
Buyloesellhigh, ....I've tried to give as much realistic insight as possible. IMHO. If you have read anyone of my posts, especially my most recent ones, you would understand what I have tried to point out. I was not referring to being responsible for any blackout period. Trust me. I was merely expressing my opinion for why in the world, (with what this company has to offer), the pps has drastically declined.
Briefly, until this unbelievable press release, the prior ones weren't acknowledging any acquisition talks! Fact. Again, stating monetizing and never mentioning (acquisition) it appeared that talks were haltered and their course of action was to generate revenue. Sorry but, this is exactly how the investment community reacted, hence the drastic decline in the pps.. Coincidence maybe.
A squeaky wheel, gets oiled.
IMHO, good luck!
FYI, I'm in at $.008 and have been waiting for an announcement very day, week after week, month after month, for over a year and a half. I believe my assessment is pretty accurate.
Buyhighsellow3... Why, it's not like you contributed more than I. Facts are facts
FINALLY, THEY HAVE ACKNOWLEDGED THAT "ACQUISITION TALKS" ARE PRECEDING FORWARD!!!!!
This is exactly what I have been trying have them say for a while. They weren't doing so, therefore the drastic decline in the PPS. The bleeding needed to be stopped. (Remember, monetizing doesn't exactly mean the sale of the company.). So, thought of talks being halted, are gone. And the market reacted. Imagine that! Isn't that special?
I knew there was some way around the NDA.
I know most of you are shy, so you don't have to thank you......but, your welcome! LOL
A few hundred thousand shares.
Here's the thing to keep in mind. The volume appears to be extremely low at these low prices. My thoughts are, that if anyone really wanted to make a decent investment, they wouldn't be able to at this level. So, you might get away with some shares below ten cents but, nothing major.
I feel, unless management addresses how the acquisition talks are going forward, the PPS will continue to erode. This to me, is the main reason for our current price level. If this could at all be possible under their NDA, I would strongly encourage it. (I gave this suggestion in my prior post # 15233).
I'm just saying. Trying to help.
UNDAUNTED, you can pretty much read my recent posts regarding your question. But, to sum it up, the BOD's have been extremely evasive about any acquisition (continuing) talks with Fortune 500 companies since the PR in January 2013, and the conference call! Yes, they have acknowledged monetizing the patents (s) but no where in or around any press release have they acknowledged how "interests" from these companies are moving forward! NONE! Thus, the sharp decline in the PPS
Monetizing can be interrupted two ways. Licensing fees to generate revenue and or, acquisition of the company. For all we know, talks of any acquisition could have been halted! .......Well, that the message they're giving the investment community, aren't they? With all these valuable patents and the PPS, is plummeting. It's hard to argue that.
Now, let me address two things; I'm not buying the NDA argument, one bit. They don't have to mention dollar amount and or the companies involved. But, stating acquisition talks are preceding and a few offers have been rejected that they feel are not worthy of the value of their technology and patents, would be enough. Remember, this is still a public company and shareholders expect something. But, monetizing, surely isn't enough. As we are seeing by the current share price.
Finally, to think the BOD's don't care about the PPS, is beyond ridiculous! The PPS, gives the perceived value of the company. Now, seeing it drastically drop, is not a good sign!
You can thank them for giving everyone the opportunity to purchase more shares at a tremendous price.
This all maybe a mute point, if they're close to a deal. But, I seriously doubt it. My best educated assumption, is that they haven't received any offers significant enough to accept (or even announce) and they have moved forward to trying to generate (MONETIZING) these patents!
I hope I'm wrong!
GTCar, did you add to your posits and buy, "after" you heard they had turned down offers for a certain dollar amount?
Spunk....THEN WHY HAVENT THEY ADDRESSED THIS IS ALL THEIR RECENT PRESENT RELEASES? Huh...? They have been very careful with their wording.
And why do you think the momentum has moved in this direction? My prior posts pretty much sum up my assessment. MONETIZING the patent (s) doesn't necessarily mean selling the company. Obviously, they haven't received any offers (or if so) worth the perceived value of the BOD! So, possibly if they can work out some licensing fees, maybe the value of the company will go up. Could also just be a bargaining ploy.
Therefore, the sharp steady decline in the PPS, is easily explainable. You should thank the BOD for giving everyone the opportunity to purchase more shares.
On the contrary, per their last press release, they stated "monetize", which to me means, licensing fees, equaling revenue! No where did they reference a acquisition! No where! They haven't touched base on this since the conference call! Hence, the reason for the decline in the share price! They have no one to blame for this, but themselves! No NDA, would prevent them for stating that they have (in fact, if they have) turned down a number of offers, that they felt were under valued! Not difficult. For all we know, all talks could have been halted! We don't know. Maybe now, their direction is to in fact, monetize these patents. Generate revenue, then maybe down the road, get a higher sale price? IMHO
Oh, and one more thing. Anyone that wants to bring the share price down, can simply do this! All you have to do, is put in a very low order, even if it's a few hundred shares. The question is, what is the volume that these low prices? It's meaningless, if there's no shares being traded.
We're a long way off, IMHO. Believe me, I hope I'm wrong. We all just better hope and pray, they don't dilute us down more and more! Trust me, they have put all us shareholder on edge. The longer it goes, the more shares they'll need to keep going forward. And if it gets too high, you don't want to know what happens then? Trust me!
Very evasive, if you ask me.