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Dave8, do you think we will be opening up tomorrow or down. Thinking of flipping some shares in the hopes of adding some freebies at a lower price.
thanks
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damn I cant find anyone to sell their shares to me!
Good call would you... didnt doubt you just afraid if I sold I wouldnt get a chance to get in before the big run...
SoX (sarbanes oxley) sucks! SO much time is spent on testing controls, while we should be spending more time on substantive testing. As for MSEP, it could be easy b/c its a smaller company, then again it could be harder than big companies. If MSEP is fall under section 404 testing, you are looking at a whole lot of work that needs to be done by either the company or another CPA firm independent from the company. The documentation that has to be done on the client side and auditor side is rediculous. However, since we are just waiting on the 10Q, the CPA firm will only need to perform a review of the financials, therefore no supplying much assurance that everything is correct. Its when the company files their 10K that the CPA firm will do a full scale audit, that is what takes so long. After reading MSEP's 10K a while back, I dont remember seeing a 404 compliant opinion. Sarbanes Oxley has changed things for us, but its section 404 thats makes doing audits a real b!t@h!
Bramabill,
Honestly, I havent heard much about that. If you could post the link to the post I will look into it.
Bottom line is that I want them to file on time. I am long in MSEP. I agree that I am partially biased being that I am an Auditor. Then again I only speak for the Big 4 Accounting firms, as I do not know and will not speak for any others. So if MSEP has someone else like most otcbb/pinkies do.... its very possible that it was the auditors fault. I always forget we dont do much business with smaller companies.
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Auditing is my job, when we get the everything that we need we work insane hours to get it done on time. The only way I could see us not getting it done on time is b/c of:
1. Client delay
2. Incorrect data
3. Arguments over Audit Adjustments
Auditors work their asses off to get this shit done ontime. While I am sure that every once in a while it could be our fault, we shouldnt always be the fall guy.... its just easy to blame us.
lol! It hardly ever the auditors fault that the filing is late. If the company would get the requested "PBC's" to the auditors on time and correct (yes correct.. seems to be hard for most companies) the process would be much easier. Better yet if there was no arguing over adjustments the process would be faster. You cant blame the auditor everytime, sure the company may blame the auditors, but should you really believe that? Come on.....
looks different from the one i remember on the old website (front page). However, even if it is the same, why at this point would they change the look and config of their phone. Man I swear some of you bitch about the smallest little things.
What are you talking about sugar, how is this a scam tatic? When infact the new pic of the phone looks better than the computer generated one? You take everything and bend it so it fits your "scam model".
pclee,
If you are talking about the picture of the phone on the products page under phones, this is not the same picture that was on the old website. This is a new picture, since the original pic on the new website was nothing but a computer generated image. This maybe the update pic of what the phones will look like. I am glad they have updated the pictures. Anyone else want to share their feelings on this?
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I guess im not up on board lingo, could you please explain?
Thanks
Would you,
Looks as if CLYW has strong support at 1.35, if it breaks that support, I would agree that you will be able to buy more at a lower price. However, with the recent pressure from the buy side, I wouldnt count a to big of a dip. Unless of course no PRs are sent out in the next week or so, updating us on the first quarter and recent developments.
Also think about how hard it is to match up trades with same number of shares and same price. With the recent jumps up and down, people are all over the board with the price and quantity.
What makes you guys think this stock will go up? Its been constantly going down since you have been posting about it.
thats a good question :)
While everyone is speculating the truth about the deal with FranC telecom we must think about a couple things.
1. It could be made up.
2. Its not made up.
My Thoughts (clearly my opinion):
If George was going make this up, it would seem to me it would be better to just release a PR about it and not put it in the 10K. He and MR. Stubbs had to sign certifications that were included with the 10K, this puts their career and freedom on the line. (One of the finer points of SoX) I know this is not the most compelling argument, however, it does make sense.
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http://www.sec.gov/Archives/edgar/data/719729/000114420405014263/v017627_ex10-3.htm
Here is the link to the document he is talking about P2k.
P2K, I only got to read the blurb you posted. I believe that it will not have a "immediate" material impact, due to the fact they dont have much inventory at this point.
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P2K,
As for your number 2:
Not many companies start making money right off the bat, if any. This company seems to be making progress towards leaving the developmental stage. Secondly, I dont why everyone is so up tight about the 7Million in funding they need. Did we all forget that this is only 2 million more than the last quarterly report said? Based on what I have read, CLYW has taken a huge step forward. WIth the recent developments on contracts with phones and such, I wouldnt expect it to be to hard for CLYW to receive funding.
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Recent events have increased ASNAP's credibility wouldnt you say?
-winning the case
-K has been filed
....
what is next.. we will see!
execution
Very nice email jaw, I hope you get a response to share with us.
Thats great guys, but I want to hear this from GEORGE! I want a PR soon and I want to see a 10K filed... however before that I would like to add more to my position below 1.20..... give me what I want damnit.... GL longs
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explorer9,
I understand where you are coming from, however, its out of our hands right now. We have no control, we must just sit back and hope for the best. For ppl contacting ken its a waste of time.... do you understand how many other stocks his company does IR for? a ton.... he probably gets so many emails a day, there is no way he could write each one back. Considering he is in NY and the company is not, he probably is not updated on everyday things. Bottom line is guys, we have are money in this stock, and we can only hope for the best. Keep it positive and think about the future of HSYN's product. Thats all we have right now.
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PS: I just got back from Cinco (dunno if thats the right spelling) so dont bust on my spelling!
The only way to stay sane is to think positive and worry about other things. I know we all have money in this stock, there is nothing right now that we can do about it. So instead of thinking negatively everday, lets keep our hopes up. btw I added some more today at .09.
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technically HSYN is trading... I hope the filings will be complete and up to date so that a MM will set a bid and ask and get this puppy back on the pinks.
I dont think that it will come down to money. I believe the company like most small companies, it fighting with the auditors on A) Audit Adjustments B) What they should disclose. Look at companies like Yak Communications, they hired Deloitte, could not agree on a tax issue and the 10K was filed a couple months late. Any one issue can hold up the company from filing, I think that everyone concerned should try and call either ken or the HSYN IR girl. I will be trying to contact via email and phone tomorrow. I will hopefully have something positive to say about the situation.
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Look they still need to file their 10K and the 10Q for the 1st quarter of 2005. I dont think that this is the end, our time will come soon.
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Your post is not 100% correct LG, accounting firms do not love SOX. In fact we hate most of it, especially section 404. There are of course some really good things that came out of it, but all I know is that my work load has doubled on my SEC clients.
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lol I emailed the webmaster about the typos and he told me to point them out so he can fix them! Lazy IT guys I swear!
If you are going to use Ameritrade, either sign up for amerivest for $25/quarter, or after 3 months of making 4 trades or more (which should be easy :)) you will get it for free! Free level II's, its a nice deal, also when you join ameritrade you get 30 free trades... cant beat that!
Things are definitely looking up blsthry!! I sent an email to the webmaster to fix the typos! Dumb IT guys cant proofread.
I read through most of the site, can you point me in the direction where it says that asnap is not working? I guess you meant the site demo!.. lol thank god!
Most of the dirty laundry is all ready out. Only thing in the 10k pertaining to what you said would be conclusions of those ongoing suits. Either way things are so negative the slightest good will outweigh the bad.
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Well thats good for us longs then!
whys that a great sign? I think everyone that follows this stock is part of your yahoo group!
P2K,
Brother I feel your pain, I am in the same boat with you regarding CLYW and HSYN. However, we have to keep positive in during this period. Things will hopefully turn better with CLYW in the short-run, and I think after the smoke clears with HSYN, long-term we are looking good. Hang on man. Our time is near.
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If the 10K is posted on monday... whats the time table on the PRs about fieldtrials? Thanks ASNAP
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FOr what?????
IFF, I can always count on your fast and unwitty replies.... atleast you are consistent.