is...(actually-broke)
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Lio if I agreed with you -- we would both be wrong
Yes the PR came thru today thru the news services and courtesy of Ms. Seely; the first since Sept.
expect more consolidation and fat lining until the powers that be have complete control
take the rest of the day off Rik
Typical; and when that happens to me --- I get a new broker
in a vacuum now that fumes run out
Lowzy, Lowzy we gonna go to heaven soon
See ya all back in 1.5 hrs
so far there has been lots of talk but no action
Back to the sweat shop
I suspect there is a movement to get as many shares back into treasury as possible before they start the selling process -- what is so sad is that the sharehoolders have to take it on the chin while all the insiders relax and go to the bank with briefcases full of money
I sort of remember a NEUPS OR N1UPS CO A WHILE BACK IS THIS THE SAME ONE
Read where it says they are used to operate on fumes LOL
Unable to paste whole section-- was in a newsletter mid 2010
ANTs said it had just $330,000 in cash on hand as of Dec. 31, that its burn rate is about $580,000 per month, and that it posted a net loss to stockholders of $43.73 million last year.
San Francisco-based ANTs specializes in tools that help enterprises move from a Sybase database to DB2. Under a formal alliance with IBM struck in 2009, it developed the ANTs Compatibility Server (marketed by IBM as DB2 SQL Skin)—which has been used by a number of customers, including Pep Boys and BJC Healthcare, to move from Sybase to DB2.
In an interview, ANTs CEO Joseph Kozak insisted the company's situation isn't as dire as the SEC document—a 10-K form filed March 31—portrays. "We've always gone down to what looks like fumes, it's the way we choose to do business," said Kozak, who noted that most of ANTs' stock is held by private investors and lenders.
Kozak, a former Oracle sales VP and former CEO of Lombardi Software, said ANTs recently secured a $7 million line of credit that will see the company through at least the end of the year. He added that ANTs is also close to closing a licensing deal with a second major enterprise software vendor, which he declined to name, and that ANTs has "a healthy product pipeline."
ANTs has built a business around trying to take the pain out of database migrations. According to Forrester, a full-on database migration can take anywhere from six to nine months, or even years, given the need to first migrate the schema, then the data, and then the application code—but SQL Skin adds a compatibility layer that reduces the migration time to weeks or even days, according to IBM marketing materials.
As recently as October, IBM named ANTs as a finalist in its CTO Innovation Awards.
Along with tools from open source developer EnterpriseDB, ANTs' offerings contribute to IBM's efforts to capture competitive wins from two of its biggest rivals in the database market—Oracle and Sybase. Oracle last month said it would no longer develop software that can run on HP servers powered by Intel Itanium, a move that could allow IBM to snag even more wins amid customer uncertainty over the situation.
But ANTs could have trouble developing future solutions, or operating at all, unless the company improves its cash position or successfully positions itself for a buyout from IBM or another vendor.
"We are actively seeking, and will have to continue seeking, additional sources of financing to enable us to continue the development and commercialization of our proprietary technology," ANTs said in its SEC filing.
An IBM spokesman declined to discuss whether IBM is prepared to inject cash into its partner or acquire the company outright. The spokesman said Sybase-to-DB2 migrations can be done without ANTs' technology. "We'll do whatever it takes," he said.
ANTs said its finances took a major hit with the loss of its largest services customer at the end of last year, and that it reduced its employee headcount from 68 full-timers to 48 on Jan. 4. To boot, ANTs has been sued for damages by Sybase. Sybase claims ANTs improperly helped another software company poach a Sybase engineer. A trial is set for later this year. ???????
which year ????
GAD BLESS Joe and the way he did business
Decided to do some dd and found that 4 J's is an international company including Ireland (which was big a few yrs ago in
software)
this is also interesting if it still applies--
Strategic Transactions
The first strategic transaction is the acquisition of Inventa Technologies. Inventa brings to ANTs a seasoned team of database professionals.
1. Sold to 4 J's Texas, USA ca.2008
2. DELETED / memory.
3. To return in revenue stream from multi year contracts, the ability to capture ANTs Compatibility Server (ACS (Asynchronous Communications Server) See network access server. ) service revenue, and the means to rehost applications remotely as opposed to incurring significant expense with implementation teams working at each customer's site.
Inventa's customers include: Wachovia Banking, Aetna Insurance, Sybase, BMC Software BMC Software, Inc. NYSE: BMC, is an American enterprise management software provider, focusing on IT infrastructure applications. BMC was founded in 1980 and is headquartered in Houston, Texas. and Honda Automotive. A full 99% of Inventa's customers renew their multi year contracts. Both BMC (BMC Software, Inc., Houston, TX, www.bmc.com) A leading supplier of software that supports and improves the availability, performance, and recovery of applications in complex computing environments. and Sybase recently signed for additional services as well.
The second transaction was our largest license deal to-date, a $1.4 million license of the ANTs Data Server (ADS) to Sybase. This license provides Sybase access to the ADS high-performance technology, with four ADS engineers joining Sybase as part of the transaction.
The third transaction was the sale of ADS to Four Js Development Tools, our European partner. As part of the sale: the remaining eight members of the ADS team joined Four Js, ANTs retains 50% of the revenue generated from the Raytheon/US Navy contract for the next four years, and an unrestricted license to use key ADS technologies as we continue development of ACS.
There are several reasons for the sale of ADS:
* The high performance DB market continues to decline as hardware performance increases.
* TimesTen and Solid Technologies, two companies with high performance DB products were acquired by Oracle and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) respectively. The purchase price in each case was well below ANTs' current market cap. With those comparables in place it would have been difficult for ANTs to achieve a high market valuation based on an ADS product alone.
* Expense reduction of $2-3 million per year
* We can now focus all resources on the ANTs Compatibility Server.
Note that from time to time, we may choose to extend the exercise period during which former employees (such as those who joined Sybase or Four Js) may exercise their stock options. Those that aren't extended must be exercised within three months according to according to LAW
1. our stock option plan. To the extent stock options are exercised and sold, this may affect the market activity of our stock in the short term.
2. The final strategic transaction was the sale of $7.5 million in common stock which was used to acquire Inventa and will be used for operating capital Noun 1. operating capital - capital available for the operations of a firm (e.g. manufacturing or transportation) as distinct from financial transactions and long-term improvements
capital, working capital - assets available for use in the production of further assets . Concurrent with the capital raise, we successfully negotiated an extension to January 2011 of almost all outstanding convertible debt.
ACS Customer Progress
Our Consortium of ACS pilot customers continues to progress well. We have finalized See finalization. our first license deal with a consortium customer to rehost an application to Oracle and have been approved as a vendor for a 2nd consortium customer. We are working to bring 2-3 customers into production in the near future. This is quite an accomplishment considering ACS has been under development for less than two years.
Database, Data Center & Server Consolidation
We are in high level discussions with senior executives at Oracle, IBM, and Sybase. I assure you we are on their radar due to the nature of the ACS product suite; here's why.
ACS allows companies to move applications from one database to another in less time, at less expense and with less risk. We are not aware of another product that offers this ability to consolidate applications onto fewer database platforms. There is a wave of "consolidation" technology moving through IT right now, popularized by VMware and followed on with initiatives from HP, IBM, Sun and just about every large IT firm you can name. Consolidation is being used to streamline mostly hardware resources (reducing data center footprint, utility usage and carbon footprint A carbon footprint is the total amount of carbon dioxide (CO2) and other greenhouse gases emitted over the full life cycle of a product or service. , among other benefits) and it maps right into the "green" initiatives that most enterprises have implemented.
ACS can ACS CAN American Cancer Society Cancer Action Network be used not only for database consolidation (think about moving from ten DB vendors to two) but, for the much larger initiative of data center and hardware server consolidation (think about moving from many hardware servers to few). Consolidating hardware-hungry databases can be done more economically, faster and with less risk with ACS. We believe we have first-mover advantage First-mover advantage is the advantage gained by the initial occupant of a market segment. This advantage may stem from the fact that the first entrant can gain control of resources that followers may not be able to match. in this exciting market.
Investor Outreach Outreach is an effort by an organization or group to connect its ideas or practices to the efforts of other organizations, groups, specific audiences or the general public.
Recognizing the need to draw the attention of a broader audience, we are also executing a strategy to attract new shareholders, gain wider coverage in the business press, the general press and online and inform existing shareholders more frequently as we progress. This will include:
* meeting with several groups in major cities
* customer case studies
* more frequent shareholder updates
* engaging with a professional investor relations Investor relations
The process by which the corporation communicates with its investors. firm who can ensure the ANTs success story is well received in the market
Along those lines, on June 20, 2008, independent IT-industry analysts The 451 Group, recognized our strategic activity and wrote an informative analysis which you can read here: www.ants.com/press.
While there, have a look around our new web site. We have redesigned it, refocused entirely on ACS and we are working to add new technologies to improve the interactivity with our investors, partners and customers. If you have not already signed up to receive our shareholder bulletins, I encourage you to do so at: www.ants.com/investor. Our goal is to build as complete a distribution list as possible to ensure that you receive timely information directly from us.
In summary, we have navigated ANTs through a truly transformational period. We are poised for growth, having launched the ANTs Compatibility Server with first deployments just around the corner, with the services capability to provide successful customer engagements and with the ability to capitalize on Cap´i`tal`ize on`
v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. that services revenue. We thank you for your continued support. We are working hard to make ANTs a success and look forward to sharing future progress with you.
Sincerely,
Joseph Kozak
Chairman & CEO
ANTs software inc.
Might just be some rich Canucks that know when to get out
http://maps.google.com/maps?hl=en-GB&rlz=1T4TSCA_en-GB___CA443&q=10995+boas+road,+north+saanich,+bc&um=1&ie=UTF-8&hq=&hnear=0x548f6792d13a8473:0xeea8b439042a9949,10995-10995+Boas+Rd,+North+Saanich,+BC+V8L+5J1,+Canada&ei=n-RnT-ipDcGwiQLJ2OX-Bg&sa=X&oi=geocode_result&ct=title&resnum=1&ved=0CB8Q8gEwAA
like I said before I think.
that being with a discount brokerage-- they won't let me buy[color=red][/color] any more so I sold a sizeable amoiunt and they still wont let me--- grrrrrrr
[color=red[/color]Not likely big guy
since they are so crafty that they sell to their partners in crime, and so on and so on
thats a little high there , Bomber, nobody shorts a penny stock that much unless they know its tanked, so right now its a wait and see attitude that remains on the cliff.
Y'all be like the interior decorator (buying an Ants block) that says "once its in --you'll love it"
when penny stocks are down, all the
fast buck artists and boiler room rejects start hammering the bids and bashning in order to get in at lower prices-- the more
things change the more they remain the same
DONT YIELD TO PALE-EYED FRUSTRATED AND NOBLE FOLLOWERS
You could be right there Junior,
someone stated that it was the market makers playing ith clients shares that drove he price dowand they took advantage of any booms to sell and any busts to buy back-in
solution to that is dont sell and just pump it back up and sell at the peaks
Try and put in a sell order
persons co is short
been like that for more than 3 years
talk about bad actors-- well they are in the business-- and make cheap clips for the advertising network
no one gave their skinny on why the pps was so low and stays low
I also reiterated that it is being circulaed
someone else said it was to shake out the weak hands
the danger in holding now is that the controlling shares are not known, since the yearly shareholders meeting was cancelled 2 years ago and now we dont get one on the pink sheets
Arrrggghhhh
RBB -- you sound a bit like Rik
anyway-- youre to young to remember this blast from the past
check the date on this post
ANTS fly too high, up to $42, HELP!
By crazyNETcom.Dec 22, 1999 10:49 PM.Permalink
.
and 2 for 1 stock split. But this company got no
revenue yet. I got YHOO, but this ANTS look like another
YHOO. What's going on? this company went from $1 to $42
without any good news? what's going on? Anybody knows
anything about this company, or should I short it.
what was the last filing to the sec with information and not people flipping
It is an offence under the securities act of 1934 for a person to make a statement in a document required to be filed and under which it is made, which is a misrepresentation
thats all they did to satisfy the SEC was move some directors and management around
SAID I HAD EXCEEDED MY JUNK STOCK STATUS HOLDINGS (OR Words to that effect)
SAID THEY WAS 'HIGH CLASS' (they = td)
re-- drinking-- if you consider geting high on a small glass of chilean red wine
just checking back
now that the wine has relaxed me, I do recall selling andts at $3 just a few months after that india network was making the rounds.
That state of the art presentation pushed my $2 ants stock to a bit over $3
and I sold half
In all seriousness, this 'is` SERIOUS BUSINESS because in an accumulation cycle it can evenually be boom or bust for shareholders
here is proof that Ants is working out of a basement or garage of a residence
hello ??? http://antssoftware.in/images/off1.png
me thinks thou might work for searsdear or the same boilerhouse arrrghhh
hey; dont I know that !!!
this co. looks more and more like a hostile takeover event-- last year the debenture in anther co. was cashed in and the stock stagnated to the year low and I had to take the buyout
in this case its going to be a debenture for at least 270 million shares so keep an eye on them!!!! also what or how many preffered shares are convertible to common shares.
ADVFN QUOOTE ON ANTS shows bids of .0001
now aint that special
Great--- the MM's don't even want it eom
ants circus just left town
last one out shut the lights off