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The calm before the "frankenstorm" so say the forecasters, ha, ha! Yes, I was wondering about the silence, too, ie, no news is good news, let's hope.
Thanks Celtic for the heads up on those issues, much appreciated your sharing this news. I am always interested in patentable ideas and I have my own US issued patent, too, which is why I have faith in the power of a patent. Our company owns 15-20 or so patents in various stages of their 20 year lifespans/extensions. I was lucky to contribute substantially on one design in particular, so I have met with patent attorneys on more than one occasion and understand the process pretty well. Our patents have protected us time and time again, as well our trademarks have been challenged and never to the advantage of the challengers. In a couple of patent infringement cases that we won we have received royalties ever since from the offenders. That is an unseen advantage, not only does the patent protect the intellectual property rights but subsequent litigation can result in rewards. Patents are worth every dime and I hope that MRNJ will not be intimidated by the costs incurred now as the benefits later can be so worth the struggle to attain initially. MRNJ may need US and international patent rights, but only a good patent attorney can know for sure based on the nature of the intellectual property, of course.
A year and a half ago, there was a poster here that vanished at least a year ago, some may recall who I am referring to...he predicted that the company would announce its "game changing news" on a certain day, without fail, he knew 100% it was coming that day, and it DID NOT come to pass that day, then he predicted it would come another subsequent day, and that did not happen either. You can imagine what became of his credibility. You are not the only one who takes the posting here seriously. I want to learn from you and others that is my purpose in logging in here, to find out as much as I can about a great investment. If I knew everything, I would not bother logging in. If I can learn something new that I had not known before, then I can modify my perspective or reinforce my belief in my investment. That is particularly how Storm has been so helpful to me, and surely others, too, for example.
I have thanked them a number of times by writing to IR and I am overdue for another thank you, indeed. They have been doing much better in the past year in executing their business plan, I have never argued about it, either. All I have said is that there were growing pains along the way that have not been great but overall the end result will far outweigh the growing pains, how is that inaccurate??? I have also shared ideas with the company, too, as have many others that post here, for example, at one time they solicited shareholders to submit names for the i-mobilize website. Many participated in that, posting names here on this board and via IR. That was a very positive endeavor, for example. Those are the options for shareholders here that have a vision beyond a quick sell and bail. My vision is long range, that is how my mind works, transient happenings must not be forgotten because they are a defense against making the same mistakes in the future, that is a valid point. Equally valid, is staying focused on the positives when the ACTUALLY happen. An old expression goes, "do not count your chickens until they hatch", in that is a prudent word of caution, nothing more, no subversive, cryptic obscurities that telepath an agenda behind a smoke screen. If/when the new client is announced, I will be delighted with the news.
I do not believe that selling a mere 10,000,000 shares priced under a penny each will generate the capital necessary to buy very much, if any, top tier content. They would probably have to sell much much more to raise that sort of capital. I think that if they laid it out to the shareholders that they were going to sell a large number of shares, for example, a hundred million and the funds were going to purchase a treasure trove of top tier content that could then be apped by MRNJ, the shareholders would be okay with it but to quietly keep dumping ten million here and ten million there without any direction or plan is what raises questions with long term shareholders.
On the other hand, if you are truly what you are saying, then how do you justify so blatantly (and quite seemingly) selectively picking out things to pounce on when I post, ignoring most if not all the positives that I continually espouse and virtually always add to my posts? I want MRNJ to succeed as much as anyone. If you sincerely want to be effective, like Storm, then be more respectful like Storm consistently demonstrates. If you want my attention and perhaps that of others, too, then please do not jump to conclusions about what is discussed, learn to take the good with the bad and hybridize it into a reality-based perspective. Getting all the old timers in a tirade after picking our posts to pieces is much more of an overall distraction than any of the posted content, it effectively does more to slow your message than anything else. I think enthusiasm is a wonderful thing, it can be contagious, no doubt. However, slamming others because they won't agree with you on everything is counterproductive. Isolating yourself is your perogative to pursue, of course. Reasonability is usually a successful approach to winning people over to your argument.
NON-FANTASY post update. Actually, Cheche, it will have the effect, on myself anyhow, of causing a long term shareholder to ignore certain posters and too, to avoid this board for a while because I can only assume with all the nonsense the past few days that this unfortunate situation is most likely quite transient and based on something that I am not yet seeing...so waiting it out a spell for the REAL smoke to clear is a good strategy in my opinion. I am NOT selling my shares due to ANYTHING posted on this board but have relied on this board to provide insights, such as my favorite poster's, that is Storm, of course. After being through so many things with this particular investment, I am not selling for any transient reasons. No cheap shares from me...I will hold onto them forever rather than forfeit them to anyone undeserving.
Thanks Cheche, I have acted on the prompting of you and others.
Yes, I agree, the truth does come out in the end.
Cheche, thought you would like to revisit this post given the recent discussion about patents
Celtic Tiger, very well stated. As with yourself, I am very positive about the prospects of autopost.
Reread your own posts, that is about as fantastical as it gets.
There is a difference between being bullish and being a bully. I will post whenever I wish and with whatever content I deem relevant and I encourage others to be as honest.
I would contend is one way to look at it, of course, I was NOT oblivious. It is not a good pattern to repeatedly pursue and can become a credibility issue especially for long term investors if it is habitual/cyclical, no doubt. I like to pursue a "not rush to judgment" stance. Also, last week I suspected that the timing of the speculation about insider selling was somehow manipulative and possibly trumped up to derail the efforts of the company to attract new investors. In that regard, it struck me as somewhat petty. Some may not like to hear that but it was my suspicion. If all the fanfare and blogs of late are ONLY motivated to sell a few million shares for a select group, that is not going to build morale, but I do NOT believe that is the case. In the past, I had hoped that the filing of intent to sell shares might have meant an understanding of or perception of improved share value to come with something to back it up...as I recall the former discussion of the matter, I was not alone in that perception. I would NOT be compelled to sell founding shares in ANYTHING that I thought held promise unless I needed to pay bills. I have founding shares in companies that go back 42 years, for example. I am still not eager to sell them as it is the equivalent of dumping success and I strategize for the long term. Long term, of course, means different things to different people. I do hope that going forward the managers/directors of this little company will be encouraged to hold off selling their founding shares at all costs and think in terms of deferred gratification, if at all possible for them to do in their circumstances. I can honestly add that I would have bought more shares if the dilution here had not struck me as it did. Yet, I continue to believe this business is in the right place at the right time and will retain what I own now for the long haul. If this business fails it will not be due to the product or imagination it embraces, that is my opinion. I do hope that management will continue to embrace an ever-increasingly strong leadership as its responsibilities widen and the company grows as an entity. Long term investors usually respond heartily to moves by corporate leaders that suggest a consistent belief in their own vision. If this company appreciates long term investors as it has on many occasions overtly stated it does, then it knows what to do. From recent activities, it seems that there are improvements and increasingly important projects underway. I have been very interested in autopost, for example, since its first mention. It is a promising time, let's hope that many growing pains are now in the past. I remain optimistic and steadfast as a shareholder.
Cheche thanks for your positive position on the new app, let's hope it adds to the positive momentum. A pps increase would be a nice result for certain!
There have been fizzles over the course of 3 years, undeniably, but I DID NOT sell because of disappointments and certainly do not advocate selling, I have a much broader view. I have been on a BOD of a successful corporation for nearly 20 years. I have seen its share of fizzles transpire and have dealt collectively with solving and recouping from them. In the long run if the successes outweigh the fizzles by a dramatic margin then everyone is happy. I think great success if evolving with MRNJ and is occurring at a much faster clip lately. I am very enthusiastic, so do not jump to conclusions. I am NOT selling my shares of MRNJ anytime soon, I may never sell, I have no need to do so. I think it is easier for me to understand Cheche's and other long term investors frustrations, surely not fully nor deeply because everyone's situation is unique, but generally. I was not being partial by offering support to Cheche. Presently, I think that MRNJ is doing great and I did not appreciate last week's seemingly endless discussion to touch on credibility, for example. That was certainly a WASTE of valuable/constructive thinking in my opinion. Diode, I like your enthusiasm, much as I have always appreciated Storm's. In fact, beyond my general belief in MRNJ's business plan, I attribute my remaining and adding through the years to Storm's indomitable spirit of cooperation and sharing of mostly positive insights. All is not merry in life but as Shakespeare said, "all is well that ends well". I am certain that MRNJ's heading to a great future, it is occurring slowly, methodically, various things have been tested and sifted through, it is a normal process. Observers learn and management learns. Learning NEVER ends. Learning from one's missteps is tantamount to eventual success. That is what I wish for MRNJ and you.
Cheche, since I have been invested for 3 years, I believe that I understand your comments and perspectives moreso than a newbie. My initial shares cost over 8 cents each, for example. For one thing, we have shared comments with each other from time to time so have seen each other in action and reaction. I think that what you are really trying to say here is that those of us who have remained over the years have seen many things take place or fizzle out and our perspectives and insights bear significance and validity, particularly on some of the more obscure happenings and occurrences. It is something that newcomers might just stop and consider from time to time, as such developed perspectives and memories can be useful not only personally but also in a collective manner. Anyone is free to dismiss as he chooses, of course.
Great ferreting Storm! I also like the suggestion made by someone else that it might be Deepak Chopra. He has a lot of Facebook followers, too.
Storm...Marianne Williamson would be a very good match for MRNJ.
Is it also possible that they try to sabotage the company's efforts to promote in Saudi Arabia, etc. by creating an aura of suspicions about management at this particular time to suppress investment and keep pps lower?
Feedback...I read your frequent posts and have since their inception. At certain times along the way, I can attribute your enthusiasm and insights to my remaining invested here. You are a mainstay for the MRNJ board and I hope that you will be able to continue sharing your positive and energetic viewpoints with the rest of us. Your post today was very informative, thanks for the extra effort.
Thanks Storm, as a serious investor, I really do NOT like NOR appreciate all the confrontational banter that does in fact detract from anything of interest to investment objectives. The company is engaged in making itself more visible as an entity at a time when it can blog its daily progress. Petty attacks by members of this chat board only serve to undermine the real focus and efforts of those made in earnest.
US patent issuance takes 2-3 years max.
Storm, perhaps I have missed something lately, as there have been a lot of blogs, virtually everyday for a while...did the partnership/pending-alliance get scuttled? Thanks.
Wow Cheche, now THAT'S a REAL breakthrough!
So when does our "announcement" come out?
Maybe Sony picking up ANDI instead of MRNJ???
Thanks, Storm for the reply to my inquiry today. I was intrigued by your final paragraph especially; it makes good business sense to build a broad user base before putting the movie/video mega app out there in lieu of the push notifications coming. When those are perfected/more adroitly fascilitated, then I imagine they can be readily incorporated in that app as well. Makes one see why it is SO important to snag the higher tier content right about now. Good luck Metatron with the strategic alliance agreement!
Hi Storm,
I have not posted in some time. As usual, I must thank you again for all your posts, which I avidly read and contemplate. What do you think is developing or not with the "strategic alliance"? Do you have any insights to offer on it? Thanks.
Cheche...wonder if a direct question about it to IR is worthwhile? I have been pondering if we would ever hear it has been issued? I first remember hearing about it nearly 2 1/2 years ago. There was an older woman working then as the PR person, don't recall her name at the moment, she had sent me an email that it was "pending". Would be nice to know if that pending status is still relevant.
Hey Grizzly, really cool what you are doing, timing seems good, too.
Given the partnership going through and clarity on the opportunities for Metatron then there might be a realistic adjustment. It will depend on what real substance is involved. So far, doesn't sound like hype.
Storm...what was the last Blog mention that the company made of Sony, do you recall? I am wondering if they may have made a letter of intent with the digital branch of Sony, ie, Sony Digital Network Applications Inc., makes me wonder, especially since they mention they have been working for several weeks. I wouldn't mind it, of course, as Sony has a LOT of top tier content. Wasn't it just 3-4 weeks ago that they were going to have the initial meeting with Sony? By the way, thanks especially for your recent posts, which have been numerous and thought-provoking.
Thanks for sharing...sound advice...glad that meetings are still planned. Good to get some insight into what is going on.
As I recall, game porting was mentioned before in a blog, not very recently ,perhaps 3-4 months ago. I think it means making video games available through one mega app, though not certain.
I noticed the "proprietary" note, too and thought of the patent, as well. The patent application is one of the things that interested me in adding to my initial investment. As someone who is named in a granted, active patent, I believe in their value and know that savvy businessmen do as well. As someone involved in a corporation with patents in the US and Japan, as well, I can see why this would interest Sony, in particular. I have done business with the Japanese. They are methodical, plodding, and decisive. My experience has been that they do not invest their time without real interest on some level. , We must be careful NOT to give any secrets away. Sony would be a great client. That would be my primary hope, resist the temptation to sell out too prematurely.
Surely if Android is eager to list apps and doesn't require a stringent approval then the mega apps would naturally be listed there as soon as they are ready for launch, listing it on other platforms might just nudge OTHERS to approve, as well...Apple's stringent process sounds very control-freak oriented, in my opinion. Agreed, it must not be a stumbling block/ deterrent for innovation. After all, listing content with iTunes is a mutually-arranged/beneficial, business relationship, not a teacher/pupil relationship. Making an approval process very intimidating seems contrary to fostering new ideas, and it encourages interest in competition. I still wonder if the problems associated with listing apps on iTunes stems from the December 2010 declaration about the "Walmart of digital media" aspirations and its discussion of the pros and cons of the various big boys to align with, such as Apple, Google, and so on. Perhaps that did not sit well with Apple?
I agree that the clarification to yesterday's blog is very helpful and the insight that it offers is reassuring that MRNJ development has thought about this in various ways. After reading last evenings comments I was thinking that it was a bit vague because in business it is sometimes (especially pre-market)necessary to be vague about public information because it somewhat shields/protects original ideas from being ripped off by/cannibalized by larger, more capitalized/opportunistic concerns. Too, could there possibly be a tie-in to the once touted patent filings, ie, regarding the development of the mega app? Has anyone else wondered about this?
Like many others, I first bought stock in Metatron two and a half years ago, paying over 8 cents per share then. Averaged down some. Eventually, in my opinion, manipulation will lose ground as it is overwhelmed by positive developments. That only makes me want to hang onto my shares all the more.
New blog 4-2-12, another record sales day on 4-1-12.
Key to this discussion is "long term strategy in play"...they have a plan and they are executing. Recently they announced no new dilution, etc. extended through Q3 2012 and mentioned that it was support for longterm shareholders. It was a tweak, in my opinion. It didn't change the shareprice...at least, yet. It was a building block in a less myopic view of things, ie, the company knows that it must get aggressive about marketing at some point, and it seems most probable that they are holding back until they can get the best bang for the buck, or when it is the most advantageous time. Meanwhile, they are methodically plodding along, as the frequent blogs indicate, and hiring new personnel would support. Reading between the lines, one can see that revenues are growing at an impressive rate. Something must give one of these days. Soon we will have the Q4 2011 results and not long afterwards hints or projections on Q1 2012, which must be what everyone is waiting for. Hopefully, we might also get some other news that is not readily expected. I look forward to the mega-movie app, in particular but also think that as far as revenues go, it is very important that the blog today says that there will soon be subscription apps for many clients, etc. That can only translate into soon-to-be realized revenue boosts. Too, one last thought, is that there are so many potential clients that can be added to the library, the possibilities are great.