Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
MafiaXXX, Pennymafia.com, and shortcircuited.net (Ants web site provider and host) are all the same person.
Pumpsnaddumps.com has Ants listed and pennymafia.com as a paid tout.
Can we say frontrunning?
It bothers no one that MafiaXXX admits he has access to inside information because he is the web site provider and host for Ants?
Was that the tranparency that the Doc had in mind? Don't think so!
For those who say I'm ruining a good thing, shame on you. To those of you who say it's pennyland and it happens all the time and you do nothing about , shame on you to. What MafiaXXX is doing IMO is just plain wrong. Karma has a way of getting back at you.
MafiaXXX couldn't keep his mouth shut because he needed the adulation from all his stock board members.
So finally MafiaXXX posts in a public forum that he is indeed both PennyMafia and the owner of shortcircuited.net who is the web site provider and hoster of Ants.
He gets the PR's beforehand from the Dr., takes a position, says there is a promo on the way (cause he's behind it), and panics when the press release company screws up. I'd love to know if Mafia created the two screen names that heard all this extra information that no one was privy too.
What doesn't shock me is that other board members don't seem to care. Either they are trapped in positions at highrer prices and need to find a way to breakeven or their morals have been thrown out the window in pursuit of a dollar.
Everything the doc says may be true. The big problem is that Mafia (as receiver of the information beforehand) seems to be frontrunning the stock on this news, something that the doc may not know.
I guess calling the doc may be the only way to find out.
That's not Ants, the company buying the stock. That would be Dr. Frank buying the stock or private investors which is a BIG difference in how it's worded in the "so called PR".
<Well I means ANTS has no cash but $250,000 can be either obtained from private investors or bought by the doctor himself>
IMO I think you are seeing the anatomy of a PND. How would you know if you call Dr. Frank at the number listed that you would be speaking to Dr. Frank? Heck,you could actually be speaking to Mafia.
It gets stranger i think....The "PR" says......
" As the first step of the buyback program, the Board authorized the Company to buy back up to 40 million of its common shares in the open market in 2012. ANTs Software, Inc. has announced this large first step of the buyback plan to increase the value to the shareholders and to tighten up ANTs free trading float as all shares repurchased under the program will be held internally by ANTs."
It says the company will buy back shares and shares will be held internally by the company. However, MafiaXXX when asked how the company can buy shares with no cash, all of sudden suggested that there could be or is an Investor Group that would buy the shares and the follow up conversation then turned to a group buying the shares.
So which is it guys? The company buying it's own shares and returning the stock to the treasury (thus reducing O/S share count to 260MM) or an investor group buying the shares and taking a 13% stake (and keeping to O/S share count at 300MM).
IMO someone got a little confused on their postings. This is starting to smell really bad .
Remember the game "Connect The Dots"?
That's what I've been doing this evening. There has been too many "coincidences" the past few days regarding this webinar that some people heard and wrote about and then new posters who "thought they heard a little more" than what was reported.
Then we have this supposed PR that MafiaXXX talks about before it comes out, that no one can find, then magically appears afterhours on Raging Bull with no mention of who put it out.
This was the basis for me digging a little further and what I uncovered is on the surface disingenuous and IMO probably a little less than legal. But I'm not a lawyer. I'll let the board decide for themselves.
1. I was doing a google search on "Ants PR" or something to that effect and I stumbled across this link:
http://thestockmarketwatch.com/newsletters/2012/06/26/be-cautious-of-pennymafia-com/
The title is "Be cautious of Pennymafia.com"
I suggest you read the entire article but here is an excerpt that raised my suspicions even more:
=======
pennymafia.com appears to have been designed by shortcircuited.net (bottom left corner):
Now here is what is interesting. Most websites, like ours for instance, are designed by a web designer and is then managed by someone completely separate (like Stockhaven himself).
The reason for this is simple, most traders are not good web designers and most web designers are not good traders.
However, notice the contact phone number listed for pennymafia.com — (347) 415-3813 — is the same exact contact phone number listed for the web site [2]shortcircuited.net. The below screenshot is taken from the “About Shortcircuited” on shortcircuited.net:
Links:
2. http://shortcircuited.net/about-shortcircuited-nyc-dental-office-and-dentrix-tech-support-and-installation To us this implies that not only was pennymafia.com designed by shortcircuited.net it is being operated by the same person as well.
Here is where things get awful fishy… Notice the contact email info on shortcircuited.net`s f[3]acebook page:
Links:
3. https://www.facebook.com/ShortCircuited.net/page_map Now look at this email that amame72@gmail.com sent Sunday evening to a contact, just before pumping ANTS to its pennymafia.com database:
======
Does shortcircuited.net ring a bell? It should because guess who is listed at the bottom of the Ants Software website as the web designer and hosting site.....
http://www.ants.com/
Still not a big deal to you?
A quick check of the boards that MafiaXXX has posted on in iHub reveals that he started none other than the Penny Mafia board.
http://investorshub.advfn.com/Penny-Mafia-25145/
Hopefully now you can connect the dots and come up with your own conclusion. My opinion...I don't know who is behind the webinar, whether that was truly Dr. Frank on the call, the links on the Ants Software website are being inserted by shortcircuited.net ,
and I'm guessing that pennymafia.com, MafiaXXX, and shortcircuited.net are the same person.
When MafiaXXX tells you that more webinars are on the way as well as a once a week PR, how would he know unless he is the guy behind it.
Post 8948: <Expect a PR a week and more webinars from the good doctor.
This guy is active and engaged.>
I wonder what Dr. Frank knows or doesn't know about this. I also now have to wonder what is true and not true on the revised Ants website.
Too many coincidences here for me. Perhaps MafiaXXX would care to comment on this?
You must be referring to this....
http://www.otcmarkets.com/stock/ants/quote
<ANTS also needs to get the skull and bones off soon.>
One issue on the PR is that there is no byline...you world normally see something like PRnewswire or Bloomberg as the provider....nothing here..unless the poster cut and pasted without byline.
As to what the stock does, you still would have 260 million shares O/S (300-40). Reducing the float by 40MM would widen the bid/ask spread. If you reduce the O/S shares by 13%, the price should go up by 13% but penny stocks are different as price moves are exaggerated with any news. I note that the "PR" says first step so maybe it's talking about only 2012.
I suppose the Doc will have to put this PR on the website if real.
Don't really know right now. Mafia mentioned several sources of where the PR was sent to this morning. He seems to be in contact with the Doc.
TP
You have every right to be suspicious right now. Ok to be paranoid.
TP
Right...that's why I posted it as a link. Right now, no one can seem to find an independent verification of the pr so it might not be real or it might be real. The screen name doesn't look familiar...like it's another first time poster to that board. Plus it's dated June 26 (yesterday).
TP
This is a penny stock. You're going to have to differentiate between the stock and the company. Most people are here only to make money and could care less about the company.
At today's prices, the buyback represents about $250,000 .
Since the stock is going to be returned to the company, it can't be an investor group. It has to come from the company itself, most likely from the cash balance of the other companies the doc owns.
TP
from the Raging Bull ANTS board:
http://ragingbull.quote.com/mboard/boards.cgi?board=ANTS&read=109438
Mafia...I could tell you were frustrated that you had what appeared to the rest of us as non-public information....if it was released AH then perhaps you should keep a piece of tape across your mouth until it does become "public". No need to stick your neck out to be the first to report.
First time I've heard that the Doc has an investor group...didn't he use the word transparency?
A "rumor" started by a moderator who claims he has spoken with the doctor. So I wouldn't call it a rumor. I would call it conversation that no one else was privy to if it indeed did happen...which sounds like insider info....no offense Mafia.
<But let's see if its even true first. So far nothing yet, just a rumor.>
TP
Here's the only way it's going to happen IMO.
This is a classic reverse merger in order to obtain a public listing on the cheap. Cash for any supposed buyback will come from the Doc's other companies that will be rolled into Ants.
With every other reverse merger that I have seen, there is always a massive dilution that happens in order to get the purchaser (in this case the Doc)majority control over the other major shareholders. Maybe even a special class of voting shares. This also done to protect the Doc's interest in his other companies.
This is only MY opinion. Actual events may and can be different. I might be wrong. But that's what I expect to happen.
TP
ok...I'll bite.....how does a company with no money do a share buyback? Change found in the sofa in the lobby?
<ANTs has no money. Frank has self invested about 50K to fund day to day and legal>
I would suggest the good Dr. immediately deep six the Kozak blog that populates the Ants web site. It only confuses (or turns off) investors.
from the Doc:
•Press and PR firms are engaged and active
Hopefully not active on stock message boards....
This is just an observation here. We've had several brand new posters here making their first post on iHub. First was the guy who said the Doc said "6-8 million in revenue" when no one else reported about it, then we have this poster.
<A little clarification is needed. The majority of those revenues likely came from Inventa. Originally bought to help with revenues, and to open doors for the ACS, it's purchase turned out to be a mistake. Revenues quickly fell to nothing. To the best of my knowledge, any ACS contract was heavily discounted, and as far as I know, they're all still using it(ACS). I can only speak to one of those contracts, the California utility company. Frank stated to me in an email that they are still using the product, but no revenue is coming to Ants. For all our sake as shareholders(cough...cough), please don't bother the good doctor with too many questions, and especially ones you can find out on your own. He's quite busy. I think we have a real shot at something of lasting value here.>
I'm a little wary that the board is being populated with "plants" who have inside knowledge and may be attempting to "position the conversation" to benefit their positions. I maybe wrong but it's too coincidental for me .
TP
These revenues came from multi year commitments from customers who chose on their own not to renew with Ants. Plus it took 20 employees and 14 outside contractors to generate those revenues. I would assume the Doc would go with all outside contractors so he wouldn't have to pay benfits.
While the opportunity is there, the big customers don't come right away. It's usually small fry first.
My point about the other poster's claim of 6-8 million revenue was that the Dr. didn't say it as the poster claimed but rather it was more likely the poster's opinion of revenue.
<The guy's claim of "5 to 8 million" is so true! Revenues for 2010 were $6.18MM and came from mere two customers. Imagine what Dr Frank could do with all of this excellent dedication and networking in the IT industry!
Page 23
Revenues for the year ended December 31, 2010 were $6.18 million;>
TP
I am confused at this point as to where this business is going...So does the Dr's. other businesses get pulled under ANTS umbrella to produce revenue? The so called reverse merger that I have alluded to before.
Will Ants sell/license it's products to the Dr's. other businesses as a means of producing revenue? If so, it will need to be disclosed that a relationship exists.
If a company has no employees other than the Dr., then he must be reworking the code himself. Will he be able to fix what 10-15 software engineers couldn't fix in years of programming?
Does the Dr have enough time to develop Ants while also keeping his other businesses running smoothly? How does a company with no cash, a $50K loan from it's new Chairman (and other titles) hire anybody to work for them. Will they get paid in stock, commission on sales (when payment is collected) or will personnel from the Dr's. other companies get reassigned to Ants but still be paid by the Doc's other companies?
I've read about the potential sales that the Doc has in the pipeline. But given long lead times for testing the Ants software how does one assume that any revenue is certain by the end of the year?
I would also like to know the name of the large Ants investor who turned the Doc on to Ants. Is it one of the current hedge fund owners or one of the former execitives?
TP
I think one has to take this poster's comment on revenue with a huge grain of salt.
<I asked what the projected revenue is for 2012-2013 and the Dr replied 5 to 8 million.>
Since several posters did recaps of the call and not one mentioned a specific revenue figure nor was it mentioned in any of the hundreds of posts of the last two days I can say IMO that the 5-8 million figure has been pulled out of thin air by this poster and is not correct.
TP
1)Wouldn't be hard to outperform Kozak but you have no idea how the company is being built, even after the conference call.
2)Diverse?? Let's just start with the first revenue producing customer and build from there.
4)IP value of $150 million? That's what they think it's worth. Others may think it's worth far, far less.
7)The question really is "will IBM want to have anything to do with Ants?"
9) Acquisitions cost money..either paid in cash or by issuing stock.
Kauutzmann gives the company a fresh start but he remains hampered by the company's financials and poor reputation left behind by JK.
The good Dr. will have to prove himself to investors before they jump out in front of a speeding train.
"my my my...once bitten twice shy baby!!"
Contreras..Why do you keep posting this IBM alliance when it's over two years old? And doesn't exist anymore.
You are a board moderator and are misleading investors IMO?
Lio..Most is fact but there may be no way that YOU can verify. Others can.
When I stated opinion, I say so.
Good luck to you.
Who's been buying?? I've been selling into this cc... nice triple.
Watts...can only received PM...
cannot send as i'm not paying iHub member...if you can arrange this I'll do my best to follow thru.
TP
My opinion hasn't changed any since we still don't know for sure what product is being produced. As far as the renewed Apple IP agreement that just keeps things status quo. I haven't looked for a filing yet (as I just got back into town)but I'd be surprised if Apple re-upped for the same price as the original agreement.
<Since Visser has a 5 year lock down, has your opinion changed a little?>
For a long time on this board JK was hailed as a master salesman who was using all of his Oracle contacts and experience to launch Ants into the stratosphere. JK gave his reasons for leaving Oracle but the real reasons were quite different. He took credit for far more things at Oracle than he should be given credit for. And he used that to pump the share price at Ants before it all came tumbling down. IMO, he deceived the shareholders by not telling them critical pieces of information.
Maybe Dr. Frank will be different but this company has a lot of outstanding shares that will put a cap on any gains.
TP
I will be there.
Lio,
Think for yourself. If IBM was still selling Ant's software, 1)you would see reported revenue, 2) you would see Ants PRing every single little tidbit of IBM related sales, 3)Joe would still be writing his blog, 4)Joe wouldn't have resigned from the company, 5)the stock trades for a penny.
So what do you think? Still think IBM is in involved? Old story. But one that fools newbies every three months or so.
TP
Same story every time here...they come, they fight, they conquer, then kill each other.
Buy when no one else is buying, sell when everyone is buying. Works every time. Just a different set of names on the board.
Anytime this stock pops, the IBM news from years ago keep getting reguratated. Ants had IBM, then lost them when when Kozak wouldn't fix the bugs in the software after telling IBM he would. IBM walked away because they were deceived.
This has to be explained for a new set of investors each time.
Always a possibility....if VV did own the domain name and he didn't update it for years it would still be a headscratcher. At least he was able to keep intact his "story" about being this top entertainment producer.
With regards to the web page, the old (current) hosting company is probably due money and technically owns the website. The new BOD updated the pages it could with their limited access. The hosting company will hold Valcom over the barrel until all debts are paid off which means also withholding the domain names.
<Yes, we intend to update the webpage completely. We have not received cooperation to do so and we will take the appropriate steps to rectify this situation>.
<In OUR proxy, shareholders are entitled to see a listing of shareholders within ten days prior to ASHM, but they have to go to the Liquidmetal headquarters in Rancho Santa Marguerita.
TIGERPAC......Based upon you information, what may I expect to glean from this information.......> Not much because it they tell you how many shares,when it was purchased or at what price.
solely, a list of banks and brokers,
or significant insight into shareholdings of insiders, 5% plus shareholders,..........anything else?
<You are saying I will not see my name, since I hold in street and am under 5% holder. Right?> Right
<Please clarify what detail I may see when I go to LQMT headquarters.> You will just see names of brokerage houses.
<Also, since you are an "expert" in this area, other posters have asked how they may change their vote prior to ASHM. Do you know if this is possible?>
You’ll be able to submit or change your vote by the cut-off or meeting date. If you mailed in your proxy vote, another proxy card or VIF will be needed to make any changes. To change an online or phoned in proxy vote, just follow the instructions again. I think you'll need the control number on the proxy. If you threw it away it might be a problem. Then you'll have to call the company. BTW, I'm no expert either.
http://novelinvestor.com/investing-basics/complete-shareholder-proxy-vote-guide/
I think you are misunderstanding what Shareholder of Record means.
We are not talking about individuals here (in most cases). A brokerage house with 1000 customers who own LQMT would count as 1 shareholder of record.
http://www.shareholdercoalition.com/stockpurchase.html
I think the correct name is Beach City Entertainment, not Beat City.
http://www.corporationwiki.com/Florida/Indian-Rocks-Beach/beach-city-entertainment-llc/103710242.aspx
My last non-Valcom post regarding VV.
Watts,
I expected a little more out of you. I have added to the conversation yet your emotions seem to get the best of you sometimes. I'm not sure how many times you need to get hit over the head by the company to realize IMO that there is very little long term value for the stock. The only play that I see here is trading on hopes for success, always knowing that the stock is going to fall back, so it can be traded in a range.
As you can tell my speculation is different than your speculation. Will I make as much money as you? Maybe, maybe not. But at least I will be able to sleep better at night, not knowing what piece of puzzle decides to unlodge itself and throw a monkey wrench into things.
Perhaps we'll meet at the shareholders meeting, perhaps not.
TP
A lot of high paid employees with no discernable revenue coming in.