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That's getting old, pal. ABEW has never hit single digits. But if you're convinced it will, I'll buy your shares for .10/each and you can make a profit. Or are you just blowing smoke as usual?
Thought so.
Wireless Parking Tickets?
Heck, that's just the beginning IMO. How about sensors that detect when you're speeding and you automatically get ticketed? Or sensors that detect when your tire pressure is too low? (Coming soon!!!) Or, how about sensors that detect when you've run a red light and send you a ticket in the mail? Oops, they've already got that one. LOL!!!
Folks, we haven't seen anything yet. I think the best usage will be sensors along our borders to detect illegal immigration and drug running, IMO.
Might as well make some money on this technology while they're in the beginning stages.
Well, my point is that the money from Montgomery was NOT a new deal. It was simply the completion of the original $500k back in December, 2005. ABEW only received $350k back then. The other $150k is supposed to be paid upon the transition to the OTCBB. The whole deal was spelled out in the original filing with the SEC. Nothing to get excited about IMO.
Disclaimer: All comments are just my opinion and should NOT be considered as factual.
Buzzing about ZigBee: Wireless in 2007
October 4, 2006
By Sandra Gittlen
IT managers seeking end-to-end visibility for the enterprise are one step closer with a new wireless standard.
ZigBee, or IEEE 802.15.4, is a low-power, short-range wireless technology that can be used to integrate sensor and sensor-based systems – such as lighting, security and HVAC – with other parts of the enterprise. (The name “ZigBee” comes from the little zigzag dance that honeybees use to tell their fellow colony members about food sources.)
“Enterprises that have large facilities or many branch offices can use ZigBee to automate and control many functions like air conditioning or heating levels. This type of automation has advantages that range from cost cutting to improvements in productivity,” says John DiGiovanni, director of marketing at Calif.-based wireless vendor Xirrus.
ZigBee differs from the 802.11 wireless offerings in many key ways. “802.11 is designed to address the needs of local area networking where speed is one of the key requirements, and it places no importance on long battery life, networks that self-organize and self-heal, or cost,” says Bob Heile, chairman of the ZigBee Alliance, a group of 200 members in San Ramon, Calif. He adds that 802.11 networks also are limited in scale to attachments of about 50 clients.
Conversely, he says, “ZigBee networks can range in size from a few radios to as many as 65,000 and these networks are capable of self-forming and self-healing. ZigBee battery-powered devices are cable of operating for years without needing replacement.”
New Standard, New Products
Though data rates don’t exceed 250K bit/sec and the distance is limited to 300 feet, experts say this is more than enough for sensor networks. “IT administrators need to understand that ZigBee will not accommodate large chunks of data so you’re not going to use it to replace your wired or Wi-Fi network. You can think of ZigBee as a purpose-built technology, one that provides a low-cost wireless connectivity option for sensor or monitoring systems,” DiGiovanni says.
The standard, ratified in December 2004, will soon be updated. Early next year, the 200-member ZigBee Alliance, a group of 200 members, plans to release an enhanced version that includes simplified maintenance and over-the-air setup. Honeywell, Philips, Siemens and Samsung are among the Alliance's major players.
“There are well over a thousand companies developing with ZigBee so we can expect a growing stream of products over the next 12 months,” he says. “There are products that address things like monitoring fire extinguishers to ensure they are charged and ready to go; automatic meter reading for utilities; and Zigbee-enabled SIM cards for mobile phones that allow the phone to act as a gateway, point of sale device and control unit for building systems. Pretty much anywhere you would find a sensor or control would benefit [from ZigBee].”
Wireless Integration
Anticipating that ZigBee networks will be melded into other parts of the enterprise, the ZigBee standard includes guidelines for gateways that allow ZigBee sensor and control networks to integrate with other wired and wireless networks.
“Data being collected or monitored by these sensor networks can be sent across to the IP network to the people responsible for facilities management,” DiGiovanni says.
Craig Mathias, principal at the Farpoint Group consultancy, says ZigBee will enable IT managers to expand their networks and bring critical information about the enterprise, such as climate control and security, into other enterprise applications.
He adds that ZigBee will peacefully coexist with other wireless networking technologies, such as RFID. “ZigBee is infrastructure-focused, while RFID is at the edge,” he says.
Mathias says ZigBee will be broadly influential in enterprise environments where telemetry, control and sensors are involved, such as a factory floor, logistics and transportation. “You can use ZigBee to help monitor the arrival of parts – it can be used in conjunction with RFID in that respect,” he says.
DiGiovanni says now is the time for IT managers to learn about this technology. “Get educated on the types of devices that can utilize ZigBee and how they can be integrated into your current infrastructure.”
This money is an extension of the original debenture in December, 2005. If you read SB-2 thoroughly, the agreement called for a total of $500,000. $350,000 was paid in December, 2005 and the other $150,000 was to be paid at the time they transitioned to the OTCBB. IMO, we're not talking about a lot of money.
Disclaimer: All comments are just my opinion and should NOT be considered as factual.
That's correct. The revised 10-Q and K were one of the final requirements from the SEC before addressing the NASD. We are now one step closer to trading on the OTCBB.
I'm betting we'll be there by Wednesday, 10/18/06. Just a hunch.
WOW!!! Read this exchange from the ABEW web site...
Question to Gene Sharer:
"So, are we through with the comments from the SEC or not? According to your previous response to Henry Zimmer, we only had a few things to clean up and we could then start focusing on the NASD. Am I understanding this correctly? Thanks."
His response:
Msg # 149 Posted By: Gene Sharer
04 October 2006 08:38 EST
"You are correct. The cleanup is only to file the final reports which were reviewed by the SEC in draft. The reports are to be filed today."
Yesterday, I called the OTCBB and got a recording...so I left them my name and phone number to call me back. To my surprise, they called me back this morning. I just got off the phone with them two minutes ago!!!
I asked the person if there was a minimum waiting time for a pink sheet company to transfer to the OTCBB after they were approved by the SEC. His answer was "no". He said that each case is different and the most important factor to speed the transition process is for the pink sheet company to secure a Market Maker. He said that once you have a Market Maker, you should be trading on the OTCBB very quickly. (He wouldn't speculate as to what "very quickly" meant.)
So I guess our next question for ABEW's management is when they plan on getting a MM to represent us on the OTCBB!!!
Yahoooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!
Disclaimer: All comments are just my opinion and should NOT be considered as factual.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Excellent find donpat. Thanks. eom.
Don't get me wrong, the statements made by the President of Airbee Wireless, Gene Sharer, are indeed valid. They were taken directly from ABEW's web site message board - as of TODAY!!!
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Sorry folks, that PR is from 2005. I guess we'll just have to wait until ABEW puts out the new one.
It's now official!!! PR has been approved.
Airbee Wireless Form 10SB Registration Statement, As Amended, Clears SEC Review
Business Wire, Oct 10, 2005
ROCKVILLE, Md. -- Airbee Wireless (OTC:ABEW) today announced that the Securities and Exchange Commission (SEC) has advised the Company that its Form 10SB Registration Statement is no longer subject to SEC review. The company first filed a Form 10SB in August of 2004 and has been responding to several rounds of comments from the SEC. The registration statement was deemed effective by law in October of 2004 but required amendments to reflect responses to SEC comments. As of the effective date, the company became a fully reporting entity with requirements to file both annual and quarterly reports through its Form 10KSB and Form 10QSB respectively.
Gene Sharer, the company President and Chief Operating Officer, remarked, "We believe the clearance of our registration statement is a significant milestone in the development of our company. We believe it opens the door for us to financing opportunities and technical developments. We believe the perception of the company by our market sector will be that of a more mature and robust company."
The company's securities currently trade on the pink sheets. With the clearance of the Form 10SB, an application to trade on the Over the Counter Bulletin Board (OTC-BB) will be submitted on behalf of the company.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
THIS IS HUGE!!!!!!!!!!!!!!
"3. We have been informed that the SEC has accepted our response to all outstanding comments. We have a little cleanup to do this week but is not more than filing in final what we have filed informally in draft. We will then be proceding to NASD requesting listing on the OTCBB."
FINALLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Copied from ABEW's message board...
Msg # 142 Posted By: Gene Sharer
02 October 2006 10:11 EST
Henry, you ask some very detailed questions but I'll try to respond to them in the order in which you wrote them. 1. The 13+ million shares are those which are in escrow to guarantee the debenture with Montgomery. In actuality, we have requested registration of those plus the 1.7+ million shares the management of the company escrowed along with the 13+ million and the 2 million warrants which are a part of the debenture. A read of the filing will reveal that the deal is not a set number of shares for conversion but the lessor of(80%)of the lowest 10 day closing bid price prior to the closing date or 80% of the lowest closing bid price for 10 trading days immediately preceding the conversion date. Since the initial closing date has passed, at this time, the latter option is in play. So if we say that the lowest closing bid price for the past 10 days is $0.16 and Montgomery chose to convert some ar all of the debenture, the price would be $0.128 per share and which would take 2,734,375 shares to underwrite the conversion of $350,000 which is all that is presently outstanding. At $500,000, should the balance be funded, the number of shares requires would be 3,906,250 in the above example. Obviously, if the share price goes up, the number of shares required will be lower.
2. Once the SEC makes the registration effective, the remaining shares would then be available to the company for future use.
3. We have been informed that the SEC has accepted our response to all outstanding comments. We have a little cleanup to do this week but is not more than filing in final what we have filed informally in draft. We will then be proceding to NASD requesting listing on the OTCBB.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Yup. Now you know why the OEM's were quick to put on the brakes when they heard that the old spec was going to be "enhanced".
I especially like the following improvements...
"Future releases of the spec will be backward-compatible.
One of the main differences between the 2006 and 2004 versions is a change in the addressing scheme, said Andy Wheeler, chief technology officer of Ember Corp., a provider of ZigBee chips and software. ZigBee is meant to accommodate 65,000 nodes on a network, but developers found that the larger networks were becoming unstable over time. That's because initially ZigBee used a tree structure for addressing, which restricted the number of addresses to well below what was theoretically available, Wheeler said.
In the 2006 spec, a random addressing scheme is used, with built-in address conflict resolution.
That will be key to large deployments of ZigBee in industrial markets because it allows for many more network nodes. However, developers in the industrial market may still wait for the ZigBee Pro stack, which will include features aimed at industrial and commercial building automation, such as higher levels of security and improved frequency hopping."
LOL...I'm glad somebody grasped what I was doing. There were 'others' that didn't see the significance of that PR. In due time, all of these PR's will prove to be the basis for our revenue stream.
Why is this NEWS important? Because...
1) ZMD is the worlds largest provider of sub-1 GHz radios. Since signing a License Agreement with ABEW, they have now chosen to use our software to promote the first sub-1 GHz 4-node kit for mass production.
2) Because ZMD is the worlds largest provider of sub-1 GHz radios, they also have a HUGE list of customers that will be testing their new 4-node kit. Once these customers are satisfied with the testing, they will have the opportunity to upgrade their software by signing a License Agreement directly with ABEW.
3) These new License Agreements will lead to MORE royalties being paid to Airbee Wireless.
IMO, it's worth another read...
Ridgeland, MS, SEP 27, 2006 (EventX/Knobias.com via COMTEX) -- Airbee Wireless, Inc. (ABEW) and SoftBaugh, Inc. announced that they have teamed to provide a platform that includes Airbee's free 4-node ZigBee protocol stack resident on TI MSP430 controllers and ZMD new 900 MHz radios. Application developers can now rapidly build and test a 4-node mesh network ZigBee solution in the 900 MHz frequency band. This teaming offers customers a ready-made platform to integrators and OEMs looking for turnkey 900 MHz ZigBee solutions. Based on the ZigBee standard, Airbee's platform independent ZNS protocol stack now enables designers and third parties to easily begin ZigBee application development on the ZMD/MSP430 combination. Developers can upgrade to the full Airbee ZNS protocol stack for specific project development.
KNOBIAS DISCLAIMER: All statements made in this article were made by the Company and do not in any way reflect the opinions of Knobias. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Morning read...with a few laughs!!!
George Carlin's View on Aging
Do you realize that the only time in our lives when we like to get old is when we're kids? If you're less than 10 years old, you're so excited about aging that you think in fractions.
"How old are you?" "I'm four and a half!" You're never thirty-six and a half. You're four and a half, going on five! That's the key.
You get into your teens, now they can't hold you back. You jump to the next number, or even a few ahead.
"How old are you?" "I'm gonna be 16!" You could be 13, but hey, you're gonna be 16! And then the greatest day of your life . . . You become 21. Even the words sound like a ceremony . . YOU BECOME 21. YESSSS!!!
But then you turn 30. Oooohh, what happened there? Makes you sound like bad milk! He TURNED; we had to throw him out. There's no fun now, you're Just a sour-dumpling. What's wrong? What's changed?
You BECOME 21, you TURN 30, then you're PUSHING 40. Whoa! Put on the brakes, it's all slipping away. Before you know it, you REACH 50
And your dreams are gone.
But wait!!! You MAKE it to 60. You didn't think you would!
So you BECOME 21, TURN 30, PUSH 40, REACH 50 and MAKE it to 60.
You've built up so much speed that you HIT 70! After that it's a day-by-day thing; you HIT Wednesday!
You get into your 80's and every day is a complete cycle; you HIT lunch; you TURN 4:30; you REACH bedtime. And it doesn't end there. Into the 90's, you start going backwards; "I Was JUST 92."
Then a strange thing happens. If you make it over 100, you become a little kid again. "I'm 100 and a half!"
May you all make it to a healthy 100 and a half!!
HOW TO STAY YOUNG
1. Throw out nonessential numbers. This includes age, weight and height. Let the doctors worry about them. That is why you pay "them!"
2. Keep only cheerful friends. The grouches pull you down.
3. Keep learning. Learn more about the computer, crafts, gardening, whatever. Never let the brain idle. "An idle mind is the devil's workshop." And the devil's name is Alzheimer's.
4. Enjoy the simple things.
5. Laugh often, long and loud. Laugh until you gasp for breath.
6. The tears happen. Endure, grieve, and move on. The only person, who is with us our entire life, is ourselves. Be ALIVE while you are alive.
7. Surround yourself with what you love, whether it's family, pets, keepsakes, music, plants, hobbies, whatever. Your home is your refuge.
8. Cherish your health: If it is good, preserve it. If it is unstable, improve it. If it is beyond what you can improve, get help.
9 Don't take guilt trips. Take a trip to the mall, even to the next county; to a foreign country but NOT to where the guilt is.
10. Tell the people you love that you love them, at every opportunity.
AND ALWAYS REMEMBER:
Life is not measured by the number of breaths we take, but by the moments that take our breath away.
And if you don't send this to at least 8 people - who cares?
But do share this with someone.
We all need to live life to its fullest each day!!
Have a wonderful day!!!!!
This is VERY significant!!!
"To ensure successful ZigBee implementation, it is imperative to rely on partners who have the knowledge of the architecture, capability of assessing design options at the chip and module levels and evaluating numerous practical issues identifiable to applications."
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
NEWS!!! (I think this will be easier to read.)
ROCKVILLE, Md., Sept. 25, 2006, Sep 25, 2006 (PRIMEZONE via COMTEX) -- Airbee Wireless (Pink Sheets:ABEW) today announced that it has executed a partnership with Octave Technology of Ellicott City, Md. to provide a complete software solution for the wireless sensor networking market. This teaming will simplify the time-to-market engineering for integrators and OEMs to deploy wireless mesh sensor networks through the use of embedded ZigBee software from Airbee and Octave's application software which handles the data management and delivery gap between sensor networks and a company's existing IT infrastructure
Developing a ZigBee solution is much more complicated than putting all of the pieces together. To ensure successful ZigBee implementation, it is imperative to rely on partners who have the knowledge of the architecture, capability of assessing design options at the chip and module levels and evaluating numerous practical issues identifiable to applications. Airbee has developed embedded ZigBee software technology. The Airbee-ZNS stack has been certified by the ZigBee Alliance to the 1.0 specification. Airbee is currently working other platforms such TI's MSP430 and has the ability to develop applications on both multi-vendor and single vendor platform solutions.
Octave's software platform, OCTAVEX, is designed retrieve wireless sensor data regardless of hardware or network protocol and deliver it to an existing enterprise system or application such as asset management, work order ticketing, control or ERP applications allowing users to realize the full ROI potential of a wireless sensor deployment.
"Airbee's wireless mesh networking solutions integrated with Octave technology provides compelling value for deploying large-scale wireless sensor networks," said Raj Sundaresan, CEO of Airbee. "This partnership opens the door for OEM manufacturers, integrators and large end-users to quickly deploy and commission turnkey wireless sensor networks with immediate returns."
"OCTAVEX is designed to bridge the gap between sensor networks and a company's existing IT infrastructure," said Rick Morani, Founder and President of Octave. "Having a plug-in module from Airbee's ZNMS(tm) and ZNMS Lite(tm) Network Management Systems into the OCTAVEX framework will complete the data flow from sensor point through to an existing system. Airbee's embedded platform handles the network configuration and management, while our software handles the data management and delivery. It's an opportunity for both organizations to offer a comprehensive solution."
The two companies will participate in joint marketing efforts and mutually seek opportunities within the OEM market where sensor product companies are looking utilize a ZigBee or ZigBee-based solutions for low power mesh sensor networks.
About Airbee Wireless Inc.
Airbee is an innovator of intelligent software solutions for unwired voice and data networking. Products include embedded software, management platform, development tools and services. Airbee technology is licensed by OEMs, silicon providers and integrators. All products are designed and engineered to comply with ZigBee/IEEE 802.15.4 global standards. Airbee technology offers affordability, greater flexibility and shorter time to market, unlike anything else now available. To learn more about Life Unwired(tm) with Airbee technology inside, please visit www.airbeewireless.com or call +1 (301) 517-1860.
About Octave Technology
Founded in 2003, Octave Technology Inc. is a software product company whose hardware and standards agnostic software platform, OCTAVEX, provides a cost-effective solution for the rapid and scalable deployment of wireless sensor networks (WSN). OCTAVEX is targeted towards original equipment manufacturers (OEMs) and systems integrators to help with the development of end-to-end wireless sensor solutions. Octave is a privately held company headquartered in Ellicott City, Md. For more information on Octave Technology, please email info@octavetech.com or visit www.octavetech.com.
ZigBee: Wireless Control That Simply Works
The ZigBee Alliance is an association of companies working together to enable reliable, cost-effective, low-power, wirelessly networked, monitoring and control products based on an open global standard. The ZigBee Alliance is a rapidly growing, non-profit industry consortium of leading semiconductor manufacturers, technology providers, OEMs, and end-users worldwide. Membership is open to all. Additional information can be found at www.zigbee.org.
Legal Notice Regarding Forward-Looking Statements
"Forward-looking statements" may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Airbee Wireless, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to, risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, and/or changes in our business strategies.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Airbee Wireless Inc.
By Staff
CONTACT: Airbee Wireless
Raj Sundaresan
(301) 517-1860
(C) 2006 PRIMEZONE, All rights reserved.
-0-
SUBJECT CODE: TECHNOLOGY
HARDWARE
SOFTWARE
Partnerships
btradin...That's got to be one of the best posts I've read.
Just my thoughts about our current situation...
First I want to clear up any rumors about yesterday's buying activity...it was NOT me!!!
It is my belief that someone probably did some DD on ZigBee and decided to take a position in ABEW. As I recall, a TV guru named "Cramer" briefly mentioned ZigBee as the wireless tech of the future and that probably got some people interested in us. IMO, this is just the beginning.
Eventually, as products FINALLY become available to the public, you will hear more and more comments about "ZigBee". When THAT happens, it shouldn't take long for the analysts to discover ABEW in a big way. After all, we've already had Press Releases by all of our Licensees...TI, Infineon, ZMD, Radiocrafts, etc. Therefore, we had better be off of the pinks by the time the analysts come searching or we'll miss out on a lot of BIG money that wants to invest in us. Don't get me wrong, we'll still have a nice run up with other investors if we're still on the pinks, but it'll be nowhere NEAR what we could have if/when we're on the OTCBB.
Just my two cents for what it's worth.
abew4me
Disclaimer: All comments are just my opinion and should NOT be considered as factual.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
Can't argue that point. But I think they're doing everything they can to get SEC approval...just have to be patient. In the meantime, they continue to position themselves with the big semi's and chipmakers. I think the OEM's are next!!!
DoubleK...I think someone just wanted to take a decent position with ABEW. (Heck at this price, can you blame them?) Anyway, I noticed that the MM's moved UP very quick once there was a little buying. Makes one wonder how quick she'll move up once the buying really starts. Should be ral fun to watch.
Carp...Don't confuse them anymore. They think that a "planned sale" means an actual sale. It doesn't. When someone files to take the restriction off of their shares, it is listed as a "planned sale" - because their shares now become free trading. They should know by now that a Form 4 is ALWAYS required when an insider sells their stock.
Mx5110 has already posted the Form 4's by Gene Sharer for the past year. Glenn (gaq22) simply refuses to accept the fact that he was wrong. An apology is in order but I doubt we'll get one.
A real man always admits when he is wrong, while a rat hides behind his alias and ignores the facts.
Update regarding our OTCBB status...
The following is a response by Gene Sharer to several questions on ABEW's message board. The first response was to a question by "Tony" inquiring if ABEW's finances has anything to do with our approval process with the SEC.
Posted By: Gene Sharer
19 September 2006 05:45 EST
This message is reply to msg # 118 by Tony.
The short answer is no, the SEC comments have nothing to do with the financial position of the company. The facts are that the SEC had no further comment on our Form 10SB. We have proceeded to file additional reports subsequent to the Form 10SB which are reviewed as well. The SOX compliance requirement has placed a severe burden on both small companies and the SEC. We are in a complex and difficult to understand technology and the technical and financial agreements we have made are also complex and difficult to understand. The SEC staff are not technologists, but are accounting and legal reviewers with the responsibility to assure full disclosure and understanding to the investing public, even though it's probable that only a small percentage of the investing public read the filings. I adnmit that we are dotting the i's and crossing the t's in many cases, but when this is behind us, we should have little difficulty in future filings. It has been a long and tedious road but we can see the light at the end of the tunnel.
[Gene seems to be very optimistic about the current situation. I'm very encouraged by this!!!]
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
DoubleK...Your attacks on Airbee are getting old. Can you show me ANYWHERE in those recent articles where they mention another company? Of course not. You just want to hammer away on Airbee because you're frustrated with the current price. If you can't be patient for this company to mature, then you might as well sell your shares now. At this point, No ONE is making any money in the ZigBee field. Why should Airbee be any different?
I think that already accomplish that when they file their 10-Q each quarter. Have you read the last one?
GardenRose...You wrote "Therefore, if reality dictates that ABEW is not going to really move forward for another year, that should be advanced, and nothing is wrong with that but it gives sharholders the right to make decisions regarding whether or not they want to hold/sell rather than wait out the year."
Can I ask you what "reality" you are referring to???
In regards to the SEC, we have no way of knowing EXACTLY when they are going to give us their approval. We are hoping that the recent comments sent in on August 1 are going to be sufficient for their approval. But the reality is they may ask more questions. NO ONE KNOWS FOR SURE.
As far as ABEW "not moving forward for another year"...THAT is pure speculation and NOT reality. Once again, NO ONE KNOWS FOR SURE. All investments are speculative by nature and therefore one has to evaluate a company's potential before investing and decide if the risk is worth the reward.
This is just my opinion, of course.
Update regarding our approval process for the OTCBB:
The following post is by Gene Sharer regarding the length of time and scrutiny of the SEC with our approval process.
Posted By: Gene Sharer
14 September 2006 07:41 EST
This message is reply to msg # 112 by Swauby.
"We are told by the SEC that SOX has placed this type of oversight on all reporting companies and that each such company must be reviewed in depth once every three years. What the Congress did not do is fund this additional scutiny so that the SEC could staff accordingly. We are also told by our attorneys that their other clients are experiencing the same or similar issues. The short answer is no!"
[SOX is the abbreviated form for Sarbanes Oxley...Which was passed by congress forcing the SEC to evaluate all publicly traded companies based on this new accounting practice. It was created to stop abuse by big corporations so that we don't have another Enron fiasco. Unfortunately, many believe that SOX is overkill for small corporations because it forces them to spend a small fortune to keep their books the same as a big corporation. Many congressman are now trying to revise the standards for smaller companies so that they don't have this huge burden or cost.]
abew4me
Disclaimer: All comments are just my opinion and should NOT be considered as factual.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
VV...Good to see that you've been keeping an eye on ABEW. Always good to have another engineer on board...especially with all of your experience. Sure wish I took your advice waaaaaay back in Jan/Feb 2005. You were right on the money regarding the beta testing, etc...
Anyway, it's good to have your 'views' again.
Peace to you and your family.
Well, I won't argue about the Identity fiasco. That whole thing turned sour pretty quick. Nothing we can do about that blunder.
But, you need to re-think your premise that a company's PPS determines the effectiveness of their management. That is not always the case. Just look at the dot.com companies back in early 2000. There PPS's were going through the roof and yet their TRUE value was in the doghouse. That's why they went bust.
If every companies TRUE value was determined by their PPS, the stock market would be a very boring place because no one could invest in an undervalued company. Which leads me to ABEW and their current share price...
You've already stated that they have indeed positioned themselves with some of the biggest companies in the ZigBee Alliance. Now, if/when ZigBee takes off, don't you agree that ABEW would benefit from their License Agreements with them?
And if so, wouldn't THAT make their current share price 'undervalued'?
I believe it does, and that's why I am very stoked about this company. Only time will tell if I've made the right decision. Meanwhile, ZigBee continues to gain strength and add more companies to their Alliance.
GLTY.
abew4me
Disclaimer: All comments are just my opinion and should NOT be considered as factual.
DoubleK...The truth is that I have always accentuated the positives about ABEW because I have done a great deal of DD on the company and very few people have the same insight that I have.
But highlighting the positives about a company is NOT 'pumping'.
You, on the other hand, continue to bash ABEW with your incessant 'one liners' that have no substance whatsoever. Let's take your last post for example. You claim that "We all want to be in on a start-up that grows to become a mover
and shaker in its industry but what is unfolding at Abew is one mishap after another that causes one to have doubts about his/her investment."
Now, instead of giving some rational reasons for your accusation of 'mishaps', you base it on ABEW's current share price as your proof. You said "...but if you look at the pps. it says otherwise...."
That's got to be one of the most ridiculous 'one liners' I've ever read!!! Why? Because based on your reasoning, that would mean that ABEW was doing a GREAT JOB last year when its share price was at $1.27. LMAO!!!
The fact is that ABEW had very few License Agreements when its share price was that high. They didn't have Texas Instruments...they didn't have Infineon, or Radiocrafts, or Jennic, or ZMD, etc...
Actually, when you look at what ABEW's management HAS accomplished over the last year, it is plain to see that they have executed their business plan flawlessly. In fact, in one of your previous posts, you admitted that ABEW has positioned themselves with the top companies in the ZigBee Alliance.
Now, regarding the PPS...I understand your frustration and I'm sure that everyone wishes that it was higher. But, based on ABEW's ability to position themselves with these BIG companies, I firmly believe that this is a great buying opportunity. I've been buying shares every chance I get more money. (I always put my money where my mouth is.)
Perhaps you need to take a step back and not let your emotions get the best of you. There seems to be a lot of that going around.
Good luck to you.
abew4me
Disclaimer: All comments are just my opinion and should NOT be considered as factual.
If you want, send it to my private mailbox and I'll respond. No problem here!!!
Handle the truth??? Puhleeeeeeeeze...I'll be more than happy to answer/respond to ANY of your questions or "truths" regarding ABEW.
Looks like new news to me because the wording is now very specific about this License Agreement.
It was explained to me that there is usually a 3 - 6 month evaluation period prior to a company executing a final License Agreement with ABEW.
Texas Instrument was a perfect example of this 'evaluation period'. If you recall, there were plenty of rumors about ABEW and TI way back in March of 2005. However, it wasn't until September (six months later) before they announced that TI had signed an actual License Agreement with ABEW.
Heck, if that is the way you feel about ABEW's management then why don't you sell your shares and move on? It's ridiculous to stay invested in a company who's management is full of 'empty promises'.
However, if you feel that the 'empty promises' are the result of delays by a government agency (SEC), then I think you probably have the right perspective.
Well, I like to keep things in perspective. Today's "sells" of 100k shares don't compare to last week's "buys" of almost 400k shares in a single day.
Blah-blah-blah...Yes, if you want to call posting on a public board 24/7 a "life", I guess you do have a great one after all. LOL!!!
As for the "character assasination" you do that to yourself just about everytime you post. It's not hard to see through your constant manipulation. It gets old and that's why I (and many others) have you on IGNORE on RB.
As for your constant rantings about No $5, No OTCBB, No revs...It sure hasn't stopped ABEW from signing up with the BIG BOYS and positioning themselves for the future!!! Obviously ABEW has something they want and once the new spec is finally approved, you can expect the revs and the PPS to follow. 2+2=4
And BTW, even though I-HUB doesn't have an IGNORE feature, you can consider this post my last response to you as well. Take this as a clue that you need to take a break from your computer. Chow.
Disclaimer: All comments are just my opinion and should NOT be considered as factual.