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moron, I e-mailed and received a reply in about 24 hours. I too believe they are there. Like you said, it is too easy to prove otherwise. anyway, not sure about what rca means if anything.
I am using cautious optimism.
jmho
This is the response from CES, my question is at the end...
I do not have them as listed on the exhibitor directory on-line. However, they may have been a late entry and did not make it onto the website.
Have a nice day!
CES Customer Service Center
Tel. 703 907-7605
Fax 703 907- 7675
CESinfo@ce.org
Every year you get ONE CHANCE to see where the
entire consumer electronics industry is headed.
Get ready to lead the way.
2002 International CES
--Your Source for Workstyle and Lifestyle Technology--
January 8-11, 2002
www.CESweb.org
-----Original Message-----
From: xxx
Sent: Wednesday, January 09, 2002 9:56 PM
To: CESinfo@CE.org
Subject: seaview video technology
could you please confirm that the above company is participating in the show. I understand that they are presenting in the Las Vegas Convention Center, Booth 12248, No. 3 South Hall.
thank you for your time
xxxx
Now for some actual information...
I just spoke to Mr. Robert Plesnarski with the SEC. He called me in regard to a question I
emailed to the SEC. I wanted to know if a publically traded company could issue
restricted shares (previously authorized) directly to itself and hold them in treasury until
needed. (ie is there any violation of SEC laws and regulations?)
Answer: NO!, as far as the SEC is concerned, a company may issue shares directly to
itself and for lack of a better place to hold them can use its treasury. He went on further
to say that it would be governed by the incorporating state and any lending
commitments the company may have made. Also, he commented that although he saw
no problem with the issuance, he was curious as to why they would do so and he has
not encountered such a transaction (further explained that this transaction was not
reportable in detail to the SEC and therefore would most likely not be encountered by
him).
From there you all are on your own. It seems to me that the shares being issued to
treasury in anticipation of debt financing would be a reason for the action.
JMHO
SH, long time no hear. I hope all is well and have a joyous holiday.
regards
Moron, I have had zero luck with responses from my emails. However, when I called I did get right through or got a return call the next day.
JMHO
sevu website updated.eom
Shamus has done a good job of being chairman until now. Unfortuneately, his pride has gotten in the way. He has been given information from credible sources yet he is only posting the portion that fits his end motive. We all know he represents the negative but has been fair until now.
Shamus your argument does not hold water. either post it all or remove it all. very simple.
JMHO
removed by poster.
Shamus, the announcement was the fax. You need to fix the header, end of story.
MH, the problem is...
you do not have to be informed of any of that. Nor do you have to be included. I was not. My information tells me that any public company can issue a PP such as SEVU's to any person as long as SEVU did not solicit for it. If you are that worried about dilution, you can contact SEVU and offer them money in exchange for restricted shares. If the cash need is there and the price you request is reasonable based on the current market (which appears to be 33% of ticker) and the number of shares is large enough to make it worth Sevu's effort you may just get some.
In essence, put up or shut up. We all suffered the dilution.
JMHO
standby, if all that is true then why do you waste your time?
shamus, who made you judge and jury. you are in possession of credible information that is at least as credible as the share count you currently demonstrate in the header. your true colors are shinning through.
JMHO
I called the company, I suggest you do the same.eom
shamus, post 13454?answer?
MH, perhaps you should think before you post.
"Shamus & Gotin, get your definitions straight. I think what you are trying to say is there are approximately 12.5 million free trading shares, approximately 27-28 million shares issued (of which 12.5 million would be free trading and around 15 million would be restricted), and there are 60 million AUTHORIZED shares.
The authorized shares would be, I think, what you are referring to as treasury shares. These authorized shares would be shares unissued and not trading."
No we are not talking about AUTHORIZED and unissued. you seem to be confused.
To my knowledge there are:
*100,000,000 shares authorized
*60,000,000 of those shares issued
*33,000,000 of those issued shares held in treasury
*12,500,000 of the issued shares in the public float (ie not restricted}
JMHO
shamus, answer the question, what makes your "hearsay" evidence better than my "hearsay" evidence?
Shamus, the game apparently is yours, as you have no more credible evidence than the posting of a non-insider. If that is all it takes to assure the share count then obviously you should display the amount purported to be treasury shares. It is all or nothing man. unless, of course, you don't practice what you preach.
JMHO
Did you receive information from them or did you take BRMC's word for it?
shamus, where did you get the info for the share count in the first place? What document do you have that provides this data? Sounds like a double standard.
JMHO
Shamus, you need to update the shares to include the 33 million shares held in treasury. Your header is misleading. I believe, whether you think it is legal or not, it has been established through just as credible if not more credible sources that the treasury shares exist.
JMHO
Wealth, per George, Foley and Lardner still oversee all stock transactions and filings. As of last Friday, at least.
JMHO
Wealth, it is questionable if the filings will need to address the issue as it occured after quarter end. Possibly, only on the front page when it demonstrates the number of shares outstanding as of the filing date. We shall see.
Apparantly Foley and Lardner are overseeing every stock and legal move the company makes.
JMHO
Shamus, I have no problem with it. Just call the company and get the info, if you are a shareholder.
JMHO
Zag, I faxed a request to signature stock transfer yesterday and still have yet to hear back. here is the fax number (972) 788-4194. just fax a request ( include that you are a shareholder and would like the outstanding share count and float).
JMHO
George paid $.51 per lycos....
http://finance.lycos.com/home/stocks/disc_report.asp?symbols=SEVU
George paid $.20 cents per share. for 3 million shares. hw must think things are going to be huge.
I will confirm that signature stock transfer share count. If that is true then we have a ton more shares out there. then I would care to see.
JMHO
OT: just checking in from NYC. on vacation for 10 days already saw "chicago", going to "noises off" tonight and "the producers" wednesday afternoon.
I have to report that wall street, the UN and the world trade center are quite sobering. We all need to get out and spend some money! Those bastards deserve every bomb we drop!
sorry about that but someone has to say it.
JMHO
Thanks, I will fill her in. It is her decision.JMHO
broker, that sounds long and drawn out. Also, does she have to state on paper that the lawyers lied. I'm not sure she wants to bring that kind of action up.
My understanding is she wants nothing to do with the case period.
could she just file the first part?
JMHO
I checked with Ann and she said that the plantiffs' attourneys should not be using her
name in any way shape or form. If anybody, shamus?, could provide me with the
presiding judges address/e-mail I could possibly persuade her to contact him directly
regarding this issue.
sounds like the lawyers are in deep stuff.
JMHO
barchart update...
http://quotes.barchart.com/texpert.asp?sym=sevu
JMHO
Adam, do some ass kicking for us. good luck.eom
Looks like a base around $.80 is trying to get established.imo.eom
Just a little profit taking, it is already going back up.imo.eom
OT: guess who...
http://www.newfunpages.com/bone.php3
could this be our ex-chairman?
JMHO
Zag, sorry.eom
FG, where are you?eom
check this out now. This feels like feb/march 2000.
http://quotes.barchart.com/texpert.asp?sym=sevu
Rock and Roll. Glad I bot those last few shares monday. I am in possitive territory and rolling. Yeowwwwww.
JMHO
Looooooking goooood Luis...Feeeeling good Billie Ray....imo.eom