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Hi to6908, promise I will do it Tuesday after close and let you know.
In case you are interested in learning more about patent plays you should have a look at the webpage of AcaciaResearch which is a patent dwarf on its way getting a patent giant. Lots of good information can be found there.
Well, maybe they have earased the debt but how many people have class A and class B shares ? Do they know this and into how many common shares can those people convert ? It is not clear to me but there are tons of class A and class B shares around. All issued in desperate moves and therefore under very bad circumstances/conditions around 2007. I don't think this is fully under control.
Especially the "Supplemental Information - Notes to Financial Report for the Period Ending September 30, 2013" is a complete nightmare. When you see how this company in its last days in 2007 tried to get funds you can imagine how desperate the situation was. I just can hope that as per today the board of the company knows to whom we own what and how many shares, regardless what class or type we have outstanding or issued.
Reading through this Supplemental Information twice today. I have to say I don't get it. I don't have the overview.
t6908 & Al4343, sorry to disappoint you. I tried to reach my contact twice after market close but I was not able to get hold of him. I will try it again next week. As soon as I was successful I will post it here.
to6908, don't pay too much attention to some guys. Not worth it.
I call my contact tomorrow after close. Reliable.
Buy the rumor sell the fact ? Too early to tell. I expect the news not before next week.
Veterans Day today - stock market open - banks & government closed.
Noobie107, still would be interested to learn more about your call with shareholder services. Anything to share ? Thank you very much.
Noobie107 ? No answer ?
$4'000 on the ask
Noobie107, are you allowed to say more about that call ? Thx.
Noobie107, I can't find a confirmation to this. Where did you see it ?
I think buying it at less than 1 cent is a good buy. We all know that news is overdue. It can happen any day. If not today then probably next week. Volume indicates it.
When I had enough money I would want to own 3 million shares.
That is 1% of the company. Somehow I believe in the success of this company. Being an owner of 1% could turn out in a fortune.
Just like the Swedish guy who did invest 50$ in Bitcoin currency about 5 years ago. Now worth $ half a million.
Well, I don't have enough money to own 1% of TCPS but at least one third of a percent is mine. Wallpaper or Gold - time will tell.
No, you are right. Now I own more than 1 million shares. My average dropped. Now at 2 cents. Smart ? Don't know yet but I expect news anytime soon. I expect news about debt reduction or something strategic. I did expect this already last week but then the news was "just" about the new CEO. Don't know why Spitz had to go. For sure something did not work well but now I expect more speed. I think buying this at about half a cent per share is attractive. Even fully diluted the company is valued at less than 5 million. Given the potential of the Lycon Chip this is a bargain to me.
No, did not call so far. Bought more just minutes ago.
Sorry, have not seen this. Surprised about it. Thanks for the info.
Mr Spitz was CEO and President of TCPS.
Not unusual that not one and the same person is both.
Mr Spitz remains President. I don't think there is an other reason than this.
What means "utwy" ?
I'm sure an update is close.
I think priority 1 for the new CEO is funding. The PR indicates that he got hired to raise cash. Good on one side but bad at the same time (dilution). I expect a couple of PRs in November.
I think the current level of 0.006 is a very good one to average down or to invest first time.
I'm sure an update is close.
I think priority 1 for the new CEO is funding. The PR indicates that he got hired to raise cash. Good on one side but bad at the same time (dilution). I expect a couple of PRs in November.
I think the current level of 0.006 is a very good one to average down or to invest first time.
I'm happy to see a PR today. Now I know that I have a person to trust. Gives me a good feeling. I'm sure the new CEO will have news in the near future. And I know now who to speak to to find out about.
PR today ? I truly hope so.
No, I don't think he will get half a million shares at 0.0052.
But the piece he got is a nice one.
I only can repeat that I was told "by the end of October".
Because of this I expect it today. It is also fine for me tomorrow because Friday is usually a good PR day. If not by tomorrow I feel bad because it would mean that the person was not honest to me.
Well,.....I did two transactions this week. I bought 190'000 at 0.007 and I bought 150'000 at 0.0066 . I do not regret this. I think this is going to pay out.
Congratulation to the buyer at 0.0052. That is a nice price.
Yes, 150'000 shs at 0.0066
OK, I'm going to buy another 150'000 shares. Hope I do the right thing.
I'm surprised and disappointed about todays action. Wonder who is that on the sell side. Going to invest another $1'000 tomorrow. Then the news can hit.
Ooops ! I mean 0.03 .
No, now I'm in the 0.003 area. Still a way to go.
Personally I'm very positive about this week. Increased my position at a good level. Now waiting for the PR.
Key sentences of the last PR :
The Company will continue to develop its technology and find an appropriate licensing partner.
The Company has met with several law firms regarding specific intellectual property related items and will be deciding shortly on a firm to represent them regarding all intellectual property related items.
They had two months to decide about the law firm. I guess that issues is resolved and the law firm is already talking to companies infringing the TCPS patents.
Development of technology. I don't think time was enough. Issue for sure open.
Finding an appropriate licensing partner. For sure negotiating with potential partners.
What can we expect this coming week ? What kind of news will they present ?
Personally I expect news about further debt reduction BUT would prefere to hear what has been achieved since August 28th.
LOS ANGELES, Aug. 28, 2013 /PRNewswire/ -- (OTCMarkets Disclosure & News Service) – TechnoConcepts, Inc. (OTCMarkets/Pinksheets: TCPS) has recently been upgraded from the Yield Sign on OTCMarkets to Current Information, following through on its plan to provide complete disclosure to all shareholders. This press release is to provide a general corporate update about the Company and its plans for the future.
Several debtors and preferred stockholders of the Company recognized last year that TechnoConcepts' proprietary technology, including True Software Radio™ and Lycon™ chip, were once again commercially viable when the FCC agreed with President Obama's directive to the Commerce Department to create a "shared-use spectrum superhighway" in the 500 to 1000 MHz spectrum.
A report issued last year by the President's Council of Advisors on Science and Technology (PCAST) cited one statistic that predicts the number of devices connected to mobile networks worldwide will grow tenfold by 2020, from 5 billion to 50 billion. To meet this demand, PCAST recommended that President Obama direct the Commerce Department to identify 1000 MHz of federal spectrum that could be leveraged to create "shared-use spectrum superhighways." The full report can be found here: http://www.whitehouse.gov/sites/default/files/microsites/ostp/pcast_spectrum_report_final_july_20_2012.pdf.
The Company believes that the Lycon™ chip technology was ahead of its time. However, now that mobile phones and other internet enabled devices will be using spectrum sensing technology, the Company's technology is ready for commercialization and potential licensing opportunities. The Company's True Software Radio™ technology makes it possible for wireless transmitters and receivers, as well as the radio signal processing, to be fully controlled and reconfigured by software commands across a wide range of frequencies and frequency bands. True Software Radio™ technology is an advanced delta-sigma microchip architecture that converts RF signals directly into digital data for the wireless receiver and directly from digital data into radio signals for the wireless transmitter.
The Company believes that direct conversion wireless technology will replace current conventional analog transceiver circuitry, providing fully software-controlled single-transceiver wireless devices that can operate across different networks and frequency bands, in multiple modes and with multiple wireless standards, with higher resolution and greater bandwidth than conventional circuitry. True Software Radio™ microchips replace the analog front end, intermediate frequency (I/F) processing, analog-to-digital conversion (ADC), and digital filtering sections of today's conventional wireless transmitters and receivers. Because the technology simplifies design and reduces component costs, the Company believes that True Software Radio™ is an ideal platform for OEMs and ODMs to develop new wireless broadband, mobile data, cellular, and other next-generation wireless applications.
The Company will continue to develop its technology and find an appropriate licensing partner.
The Company has met with several law firms regarding specific intellectual property related items and will be deciding shortly on a firm to represent them regarding all intellectual property related items.
About TechnoConcepts, Inc.
TechnoConcepts, Inc. (OTCMarkets/Pinksheets: TCPS) is a wireless technology company currently holding patents and other intellectual property. The Company is a Colorado company in good standing.
Filled 190'000 @ 0.007 . Good average down transaction.
Loging out now. Have a good weekend everybody.
Yes, I was told before end of October. I try my luck an put in a buy order. Risk another $1'. You'll see me in 2 minutes.
I don't know. I repeat that I just was told that there will be news before end of month. Nothing more.
Al4343 I can't send you a PM because I do not have this service.
Regarding your question let me tell you this. I do not want to give you the name of the person I did speak on the phone. I just can tell you it is a prominent person at TCPS and I did dial the official phone number.
When there is a PR before month end then I know that this person is a person I can rely on when I call again. Hope you understand.
BTW, I'm long half a million shs at 4 cents. I can't pump it up to that level with inventing PR stories. Only real good work will bring me my money back.
At 0.0052 I'm willing to buy 1 mio shares. Money ready as soon as Friday. Let me know.