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Maybe something is leaking...nice little reversal in the last few mins.
Oh I see what you mean. Merriman is buying a lot of MCF stock. I thought you meant MCF was buying a lot of SEIH. That would be more interesting. Thanks for the link.
That's the new basher phrase - "blimpband". Seen it in a couple hit pieces now. My only question for these haters is this: if it is such a stupid and impossible idea, why does Raytheon think it can be done? Are they just a bunch of scam artists too? I'm not saying GTEM will pull this off without a few bumps in the road, but Raytheon is telling the USG they can have this in the air by 2009 - and they don't even have a partner to build the "blimps" yet. Sure GTEM is has some warts, but you have to believe that these bashers are being motivated by something other than a rejection of the feasibility of it - which they never discuss in detail. Probably they are motivated by their investments in or funding from other large telecom players that would be hurt by the strat technology. If Raytheon thinks it's realistic, then I think it's realistic. Until the haters start bashing Raytheon, all they've got is hot air.
Link/source please? Thanks.
Mide and Low - I hope you are right!!
Cougar - kinda leaning toward that line of thinking myself. Would like to pick up another bunch near here, but like you said, been burned a bit recently. I thought we were at bottom at .12, then at .10, now at .08 - you get the idea. LOL
Q3 financials will not show any results of whatever "cost cutting" has been done. Remember, Huff was still at the helm, or at least was for most of the period. I wouldn't expect anything to crow about in the financials, with the exception of possible positive momentum from Centerline in terms of revenue and margins.
All assuming we get more positive PR of course...
I say we hold .50 and a bull flag forms around here. Next leg up to $1.00 by end of year.
Solid bottom here? Looks like it. This is a stellar buying opp if we get good news before January. But buyers are cautious because if not, those weekly payments to Cornell will be a beast. Roll the dice, people!
I wonder if their decision to create a plan to eventually file papers to someday be relisted on the OTCBB have resulted in any concrete action?
How can you tell? That post might as well have been written in Greek. Low, are you saying you expect a 50% retrace from here, or what?
It floats and it can stay afloat with all the technology load attached to it and all systems integrated. And they could control it from the ground, unmanned. That's a big difference over just putting a wireless radio transmitter on a helicopter. You gotta give em some props on that.
Hey, where is Seth Jayson? Isn't he supposed to be bashing Raytheon and this laughable "blimp" idea? What a jerk.
I don't know if a Raytheon partnership would happen, but boy if it did, this would fly to the moon. Their deep pockets and rock solid name would solve a lot of GTEM's problems. But the only reasonn they'd want to partner is if it's clear that GTEM is very far ahead of them technology wise. That's why this test flight is crucial. Also think there'd have to be some resolution to the SEC crapola first as well.
Doc - I agree with you, but if they have new clients "in the pipeline" then why don't they share with us the specifics of who they are? If there's a confidentiality agreement, they can at least tell us that they have X number of clients signed and in process. If they simply confirmed that then IMO the stock would rise. In the absence of that we can only assume they haven't signed any new clients in the many months since they RTO'd Fushi. It just seems like everything is generalities and no specifics; SEIH is always about to turn the corner but never seems to. Hard to have confidence based on that. Yes, indeed, very frustrated here. GLTA.
Another waste of ink PR....
Not sure what you mean. Longmont was announced long ago. They got the initial install done. What's new about that? Obvioulsy the market yawned. We need something big, and that would have to be something new - a new city, new financing, like I said. Not blowing smoke, that's just what I think it will take right now to get us moving.
Great chart a few posts back, Low. Looks like a new three month runup could be upon us. I still don't see us hitting the 2005 or even 2006 highs at any point soon, but $2-$3 would be nice. If the strat changes the world, that's great. But all I'm really hoping for now is an exit point that doesn't cost me a boatload of bucks.
WIDD- That is why they didn't say the name of city. Because they knew a bunch of GTEM shareholders would bug the crap out of everybody in town and pizz everyone off. Just mho.
Right. Good point. So much for that theory. LOL
True. Seems like MOBL goes down on every PR. What we need is something new - new city, new funding, new numbers, etc. At least it appears as if we've formed a pretty solid bottom here. I'm still pretty confident 2007 will be a good year for us. But we need some execution.
Maybe trying to blow away the stops placed at .45 and then move it back up this afternoon?
Volume has completely dried up on the pinks. This is ridiculous. So much promise but so incompetently managed and communicated...
Jay - Throw us a bone. Please! LOL
yep, but that just means it can't float away. LOL
They almost certainly have already tested this thing. No way anyone with a brain cell would invite press to a float test if they were unsure how it would go. If the thing crashed that would be the end of GTEM.
Cammy- We all know what's happening with Cornell. Obviously you don't believe in MOBL so perhaps you should just move along. In any case, no matter how the dilution happens, it's still dilution. Or don't you see THAT?? LOL
Volume of 110,000 shares at almost noon on a PR day? WTF? In any case another totally frustrating PR - we now have a plan to at some point start the process of applying for eventually relisting at some future date. Jeezus, man. How about saying: we have reached an agreemtn with a market maker to file for reinstatement on Dec 15th. We expect to be relisted by Jan 1. Now, how hard was that? Unreal.
That may be right. Thanks.
Stock - I wasn't aware of what he said about Davel on the CC as I wasn't able to listen. All I heard was talk about selling off other parts. Anything to get rid of Cornell and raise some cash. I feel the debt situation and concern about how they will fund any future rollouts is what's really got investors spooked right now. Anyway, I'm just repeateing myself at this point. Still I think we're way oversold and 2007 should be a helluva year - either that or we go down in flames! LOL!
Yes, Davel is still profitable, but it's shrinking. And there's no future in the business if the "footprint" idea won't work. Davel will continue to shrink quarter on quarter. Seems like they'd be better off to sell it now and use the cash to pay off Cornell and get rid of the convertible debt that is quite simply killing this stock. Just MHO.
Does anyone really think the SEC inquiry will be over any time in the near future? And if so, what makes you think so? To my knowledge these things generally drag on for 12-18 months at least. I'd like to be proven wrong.
In re Davel - the payphone business - my understanding was the purchase was made because it was profitable and, more importantly, had rights to place hardware in physical locations throughout the US. The intent was to use Davel's footprint for installing wireless hardware without the need to find someone else's real estate to put it on. I thought this was brilliant at the time, but does anyone know if this is now seen as a viable strategy? And if not, shouldn't MOBL dump the shrinking Davel business for some quick cash to pay off Cornell ASAP? Any thoughts would be welcome.
Scoob - on the reinstatement I think you are correct. SEIH needs an MM or MM's to agree to handle their shares on the BB. I have no idea if they have filed the proper paperwork or what the time frame is. And of course Bickel isn't sharing.
SEIH's PR department: [the sound of crickets chirping...]
Today marks only the second time since August that we've had 3 out of 4 days up. Maybe a reversal is setting up. Would be awesome to have some positive momo when funding news is released. If that doesn't happen before we have to start making weekly payments to Cornell is January, this could be a bloodbath.
Scoobey - good post. However, I am a bit concerned about Redwood. If they have other clients in the pipeline, why don't we know about them? I seem to recall Dalian Fushi's signing was announced long before they concluded the RTO and they kept us updated along the way. Should we assume that they are not going to announce new clients until they are ready to move onto the public markets, or should we assume they don't really have any new clients?
I continue to be amazed/puzzled/frustrated/disgruntled that this stock languishes below .001 and the Bickels, while they consistently make empty comments about the shareholders, do absolutely nothing to give shareholders confidence. Here are some things I'd like to see:
1. Announcement of any new Redwood clients actually signed
2. Regular updates on SINO numbers, monthly
3. Substantial reduction of A/S since they claim we are going to be profitable.
4. Getting us back on the OTC BB immediately
4. Buying of common shares by board and officers
5. Clarification of what exactly MCF is supposed to be doing for SEIH
I'm sure I could go on, but you get the point. GLTA.
Convera is the company that created the search engine for the site. On balance, MOBL is probably paying them.