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So I guess the Enron accountants weren't lying. They were just putting down the numbers the CEO asked them to put down. Is that your logic?
This is where I'm getting a little confused.
You said: I believe they are telling the truth based on how and what they were asked to test.
And then you said: I know corporate can say what they need to say in order to perform a service. AND Corporate in that post referred to the testing company.
On one hand you say corporate is telling the truth about what they were asked to test and on the other hand you're saying they'll say whatever RIM asks them to say since they're getting paid to do so.
Which is it Excel? Don't get me wrong. I don't think it's time to start buying stock. However, we finally get some third party validation with some pretty clear statements and that has at least caught my attention. It's telling me that the possibility exists that RIM may actually have something.
So which of the above statements do you want to keep...and which do you want to delete because they totally contradict each other.
OK...so now you say that corporate (RSMI) is lying. About what? Please be specific as I'm curious about what you have to say.
Ok. Thanks. So you believe they're telling the truth.
If you believe they're telling the truth, what are your main objections at this point?
Excel- I wasn't asking what you thought of BL's call. Nor do I care what you thought of spokeshave's post. I was asking how you felt about the third party verification. Did Telecordia tell an outright lie?
They're still a little ways off from being completely out of the woods. But it's damn hard to refute third party verification from a reputable source.
Excel- I'm curious to get your opinion on the third party verification that took place recently. Do you believe it was faked? In other words, do you believe Telecordia was lying?
Well...I guess I've expended enough energy on this topic. All I can say is that it's nice to see someone other than Brad come out and say that this contraption works.
Nice grammar. With all due respect...I totally disagree.
Cobra...I tend to disagree. Let's place a comma and see what it looks like from there...
Telcordia conducted an independent third-party, contracted study
Third party means someone other than Rim. That doesn't mean that there are three. If I'm speaking in third person...it means that I'm speaking from the viewpoint of someone else other than myself. That doesn't mean there's a second person involved.
Third party doesn't mean three...it means someone other than Rim.
Ernie...my opinion...RSMI paid for the testing...and Telecordia is the third party. Anything else would be totally outside of the usual way of conducting business.
I'm the guy on the speedboat that just caused you to tip over.
Yeah...those folks out in California definitely row a different direction from the rest of us. LOL
I guess I'm a little sensitive. My granddad was diagnosed as being bipolar. They pumped him full of drugs, screwed him up...only to find out YEARS later that his pancreas was failing to regulate his blood sugar level properly...and that a simple change in diet would have been sufficient.
When I see bipolar, it kind of sets me off a bit. Sorry. You've always been a pretty good dude.
Thanks Rob. I haven't reversed my oars yet. There will need to be something bankable (i.e. design win, contract, etc.) before I sink money into this stock. I bought Falcon Oil and Gas at 50 cents last November when it was a private offering. It not trades at over $5 and is yet another company started by Marc Bruner. He's the same guy that started Ultra Petroleum at 30 cents (now $60). This stock will have to become as sure a bet as that before I put money into it. I don't need any risk. I will say, however, that this PR caught my attention enough to get me to looking again.
I'm not trying to convince anyone of anything. When you start your post off by calling someone bipolar, you should expect a retort. And I'm not filthy rich. I just tend to have decent judgment. THAT was my point. And a 23% return per year at your age is nothing to sneeze at for sure.
goldrusher- I wouldn't call it bipolar. What I'd call it is being flexible enough to give some slack when needed. Are you so entirely bull headed that when a reputable, third party source comes out and says they have something viable, that you can't even begin to remotely consider it as being a possibility that they may, in fact, have something viable?
I would imagine that I have more money than 98% of the folks posting on this board. At 35 years of age, I'm quite a ways ahead of 98% of the population (statistacally speaking) as far as net worth is concerned. Now that's certainly not very impressive in my mind. Just about anyone can apply some thought and effort and get money. And with all the trillions of dollars floating around...it's not difficult to scoop up 5 or 10 million of it. Let me also say that family is the most important thing. And I'm proud to say that I don't put my goal of millionaire before my family. I'd rather lose my material wealth and keep my family.
That being said...the reason I brought my money up in the first place is I haven't gotten where I am today by being an idiot (although some might disagree). Brad and Ray have told some lies in the past. John Howell DEFINITELY lied to us. HOWEVER, what in the sam hill is someone suppose to think after such a bold statement as was made by the guy at Telecordia. That this is a complete and total scam that has absolutely, positively NO CHANCE of coming to fruition? Sheesh man...is the whole world a conspiracy...conspiring against you and me to take our money? IT WAS A THIRD PARTY SOURCE.
I go by gut feel based on the facts. This is not about ME being right. This is about making money. Most people will NEVER make any money in the market because they have the mistaken belief that it's all about being right. It's not. It's all about making a whole lot more money than you lose.
If the facts take a different turn than what I previously anticipated, I'm flexible enough reconsider because I'm here to make money.
If I'm not mistaken, you sold out over six years ago with a profit. What have you done since then? Hung around this message board bashing a company you don't even own. That tells me all I need to know. At least I've owned shares in this company all this time.
Please don't mistake me for someone that has so much pride that I can't even consider that I may have been wrong...even though that belief was based on what I perceived as being fact.
You go ahead...along with others...and continue to wallow in your pride. I will say, though, that pride doesn't pay very much.
As for me and my household, we're looking at other potential outcomes. This may very well be a very elaborate scam. I certainly don't plan to buy any more stock until something happens that's bankable. However, once my fact trigger is reached...and I personally see more upside than downside, I may go ahead and buy more. I now have 8700 shares sitting somewhere in my house. At one or two dollars a share, that's really not enough motivation for me to even look for them much less 20 cents. But if this stock gets a good reason to get into a solid uptrend, buying $50k worth for a quick double over the course of a few months might be an attractive proposition.
Once again...you continue to be right. I'll just be rich.
Good day.
If this product is everything the third party claims it to be, then I don't think Brad and Ray are concerned about any trademarks. I bet they're going for a buyout. That would be the smart thing to do. In fact, with the way Brad has cleaned up the balance sheet...and with their apparent lack of concern over significant funding, my opinion is that that's the direction they're heading...and what they're hoping for. It's a MONUMENTAL task taking something like this into large scale production. A bird in the hand is always better than two in the bush.
Let's wait and see what the industry thinks of this new technology. Let's hope they don't do a reverse split on the common shareholder while at the same time excluding themselves.
The big question is...why would the offshore shareholders be dumping their shares?
One last thing...with this type of news announcement, I'd imagine that the word has been out for awhile. I'd expect more news releases sometime here REALLY soon if what we're seeing here is for real.
If you're keeping it to yourself...AND having a hard time believing it...then it must be MASSIVE. LOL
Hey Goldy. I wouldn't buy this with YOUR money. I make plenty enough with what I am doing currently without needing the small return this will likely provide. Any buyout would be for less than a dollar for sure. Not enough potential reward to justify the risk.
In my opinion, this company will be bought out WAY before revenue...assuming of course someone gets excited about this product.
OK...this is the FIRST pr EVER put out by this company that seems to be legitimate. I believe a congratulations would be pre-mature. However, I must admit that this is very promising. Perhaps I should go and find those share certs?
Poorboy is a scam artist just like the rest of them.
What's happening here is the SEC caught Ray and Brad in some questionable practices. So Brad played "innocent and dumb", and ran right out and hired a controller to make it appear to the SEC that he's doing everything he can possibly do to make past questionable practices "right". He's a good little boy who would never have intentionally done anything wrong.
Right??
I can see it now...
Brad to SEC--"Oh my goodness!! I can't believe we made those types of mistakes. Silly old me!! Jeepers creepers...I'm glad you SEC boys caught those mistakes. I could really have gotten in trouble for that. THANK YOU FOR POINTING THAT OUT!!! Golly gee whiz...I think I'll just hire a controller to help us keep legal. The last thing we want to do is anything questionable.
Brad to Ray-- Gosh Dangit Ray. Those sons of bucks down at the SEC really dug deep this time. They noticed that we were back dating options. No telling what else they'll catch before it's all over with. I told 'em we'd hire a controller to help us. I had to do it Ray. They were breathing down my neck. I had to make it look like we were really concerned. Perhaps you could put off buying that new Porsche Cayenne for a few months until we can fire the new controller. We need him just long enough to get us through the SEC approval of this new regristration so we can sell our shares from our offshore accounts.
Brad is a damned liar and this company is a total scam.
I guess the main question is for how long will he work for RSMI.
Excellent...I feel you'll be very happy with your purchase. You'll likely skip the first couple of chapters as it's pretty basic stuff. However, the rest of it is just good common sense stuff that feels right. It's none of the "get rich quick" BS. It teaches how to build a solid nest egg/income.
goldy- I never touted it as a win-win. When I make money, there's definitely a loser on the other side of the trade. I guess the question becomes...do you want to come out the winner or the loser? As for me and my household...we choose winning.
By the way...you had one bad experience with ONE broker. If Warren Buffet QUIT after one bad experience...he'd be dirt poor. There's a right way and a wrong way of doing it.
PS- Guinness is BAD for you. Drink water. :)
Thanks. I'm not trying to brag. I'm trying to open up some possibilities for some of the folks here. Options are tricky until you learn technical analysis. Instead of going for one single home run...you go for several singles and doubles. It's SO much better than waiting on this get rich quick scheme. Have a good one.
OK...here's the deal. You want to make some money? I bought call options on XOM in mid July for the October 67.50's. They were out of the money as the price was $65 when I bought. I got them for 75 cents. They're now worth $3.90. You won't always hit a home run like I did on this one. However, potentially making 10 to 15% per MONTH on your entire portfolio trading options and forex beats the living hell out of this garbage. If you start with $5000...and NEVER add another dime of principal...and can do 12% per month...you'll have $1.28 million after 4 years. Let me tell you that 12% per month is definitely do-able.
OR....you can sit around here and HOPE that this scam actually comes to fruition.
Hey guys...I've read a few Forex books. I finally found one that is EXCELLENT. I give my highest recommendation.
Profiting With Forex by John Jagerson and Wade Hansen (sold on amazon.com)
http://www.profitingwithforex.com/
There's another...very reputable forex dealer. I know of a few professional traders that use these guys. Also, their charts and trading platform are second to none. You can open a paper trading account with them. http://www.cmsfx.com
I don't exactly know what it is either...but I'm damn glad I saw it. Thanks.
yes...down 64 pips right now. this is a longer term trade although it would have been nice for it to go straight down. showing a long term head and shoulders on a daily chart (3 years). We're at resistance now....give or take 100 pips or so.
I'm short eur/usd at 2753
Hey dutch-- you got one thing right for sure. I know **I** could do a better job at making this scam of a company profitable than the two clowns at the helm presently. And I suspect Bill could do the same. As for Excel...I'm not too sure about him. He seems to be a bit crazy.
What do Brad and Ray stand to gain? Well, I'd be willing to bet that they're one of the offshore companies that's providing "financing". They ARE the debenture holders.
http://www.interactivebrokers.com or http://www.tradestation.com
They don't play games.
If you use nteractive brokers...you'll need to get some separate charts. http://www.prophet.net
When the quiet period ends...and they don't produce irrefutable evidence (meaning we're not simply taking ANYONE's word for it)...how long after it's over will you admit you were wrong? Please be specific.