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I have this a number of times...you want answers FLY/DRIVE to PHEONIX and get some answers....
Peter sell the darn company. Sell it for 0.15 a share, and lets be done with this puppy. Folks..if this technology is sooooo critical, I am sure Sony, Universal can hire a few programmers and develop their own technology. they don't need dinky sunncomm.
Whata dumb analyst. How can he give you any advice at all about Suncomm other then the PR's, which we know is full hype. Seriously, the analyst doesn't know one number- other hten 10m CD's from suncomm, so how can he give you advice?
How can "analyst" analyze, without numbers???
Jarvis- I suggest you buy some windshield wippers and clear the fog from your eyes. Can't you see we have been dooped. No one to blame but ourselves.
There's Enron, WorldComm and now Suncrap can officially join the ranks.
Even the ticker symbol said out sounds like SCAM.
CGI- Any response from Peter as of yet, or is he still hiding under a Rock?
Can't believe this guy "refuses" to admit he screws up..reminds me of someone in the whitehouse
Flydoc. I remember last April you said that you were at the investor meeting and felt better about the company. Clearly this has changed. Was it that everything at the meeting was total BS? HHHMMMM...
Dadgumit.
did Perter ever respond to your e-mail? I really like the way you explained your point, and the fact that your son worked at a record company and the reffered Suncrap as a scam. Did he respond. If not, we'll have to wait until the investor meeting.
Notice this downturn all started with Peter's Brilliant PR!
Basher, Smasher...call me what you want.. but that is the truth. Can't wait for 0.10..
When we find WMD in Iraq, Peter will file.
Maybe Peter failed 5 grade math? Maybe the Finance guy bought himself a suit. Maybe the programmer lady with her legs crossed all dressed in black is a vampire at night. Maybe SunnComm is a scam.
Peter- SHOW ME ONE, Juse ONE PR with a single DOLLAR Figure in there. Can you do that little bit for your investors?
Let me start off..
In Fiscal CY 2004, Sunncomm licensed 10 Million CD's. From a Revenue perspective it generated $______________. ( Peter Fill in the blank). We see that in CY 2005 we expect to license _______ Million CD.s Expected revenue in 2005 is $_____________. ( Peter, fill in the blank).
Lawsuit= Truth.
If you want the truth than someone should have the kuhunas to sue Peter and the crooked SunnComm exec team for some real inform. I can't believe it. How can SunnCrap realease a statement that turned out to be false. Do they 2x check anything. What a bunch of stupid idiots.
There are dozens and dozens of "Story stocks" that are listd on the Nasdaq, why is Peter and crooks hesitant to get us on an exchange??? Any good reason?
For Gosh's Sake- REPORT THE DARN NUMBERS. WE KNOW FLEX IS LOSING MONEY...iT'S OK TO LOSE MONEY Just be a "man" and report the numbers. Peter is almost treating this stock like a crook would treat a scam.
This stock hits 0.10- Good bye charlie. There are thousands of growth stocks..this one is as bad as Nortel. Lie, lie and more lies.
A real bunch of stupid people.
Enough of the Disecting the PR's. Just get our stock above $1.
Peter, do what it takes to make it happen. Stop wasting our time with silly PR's.
for the record I have a substantial amount of shares and I am break even. I am not "negative" on the stock, all I am saying is not to get excited over news that doesn't translate to big revenue. REVENUE, REVENUE, REVENUE. For the millionth time, we need BIG VOLUME, 100+Million Plus.
And we need to be funded partially by stock for growth, which means we need Wall Street,-> which means we need to be on a real exchange and be a reporting company ( none of this stupid QTIG junk..or breaking up SunnComm into a bazillion small entities).
This is a paid infomerical. It's a waste of internet space.
Tommorrow will up by a PERCENT OF A PENNY!. If I am wrong than it will move up by a penny or two.
BIG DEAL!
Jarvis. Clearly you are not an anlyst. The percentages mean nothing!!! Get it through your head. Wall street cares about REVENUE AND PROFIT. $500k is nothing to brag about. Tell me, can you dollarize the rest of the text? NO! you can't.
If you can't dollarize it, than it's fluff. For heaven's sake
he didn't even put a revenue number on the PR. I have yet to see a PR showing me revenue.
Show me the money!
The latest PR is an efort to Stir more Hype. Just look at your reply to me. I speak factual- 10m cd's= 500 k and you are jumping the gun to 100M Cd's.
1) We need to be on exchange. Peter has been saying this for ever.
2) We need to get into the DVD market as Peter has been ssaying for ever
3) We need projections and financial reporting
4) We need less fluff and more numbers. 10 M is nice, but that only means 500k. Think about their expenses.
5) We need to reduce number of shares. Folks, we have 450 Million shares. Do you think we can "EVER" reach $1 with that number of shares? Good old Peter has diluted the market with way too many shares. I also believe he will ask at the necxt Investor Meeting for an additional 50+Million shares.
So the last PR was Fluff. When I get a sunngram that any of the above are done than I will get excited. Finally we can stop going up by PERCENT OF PENNY. I am sick of that.
10 M CD's= $500k in revenue.
Assuming that we made 5 cents on each CD
Big DEAL people. Don't get excited over 500k. When I see 100 Million than I'll start to salivate. 10 Million Cd's is a drop in the bucket. All the other stuff in the PR is pure FLUFF.
We need BIG deals, with millions of CD's involved. We make our money on volume.
PR is just another excuse to clean up Pete's latest screw up.
I agree..that's why I am saying we should send someone there or someone who lives in the are can corner him.
If not we'll have to wait until the next Annual meeting.
Also realize we have 450 M shares!!! That's an enormous number.. Peter needs to leave and bring in someone with qualified experience. Clearly running a telecom company and running a software company are not the same.
According to Peter..everything is always fine.
Just like we are supposed to be getting into DVD's, supposed to be getting into Kiosks and supposed to be on the Amex/Nasdaq a year ago.
Yes at 0.07 i suppose everything is just fine. What was our Growth over 52 weeks? Let me answer that for you. ZERO
Enough is enough, lets get soneone down and there and get some answers from him.
Someone take a flight to SunnComm land and ask all these questions point blank.
Hell, lets all chip in and pay for one represetative on this board to go and speak to Peter.
Does anyone live in Phoenix? Dadgadmit, if you have 13 million shares, why not buy a plane ticket to Pheonix and speak to our pal Peter? Corner the man and get some answers?
I would really appreciate anyone in the area taking the trip to meet Peter and speak to him face to face.
I want the VIP woman back.
Probably the only good thing going for SCMI.
Peter- Conference call:
Why the heck can't our CEO get on the phone and finally deliver a first time SCMI con call. Let him explain his vision, current agreements, technology.
Have you heard "anything" about the DVD business...Where did that go.
We need to hear from him..otherwise we will be stuck in the penny range for another few years.
Sunday.
I have more positions than you think. I have been in this stock for 3 years and watched it go from 0.4 to 0.055. I bought all my holdings in the ~0.06 range, so I am not losing on this stock.
To me this is a money saved going to Vegas. I just want you people to understand that SCMI doesn't report Financials, no fund manager will ever touch this. Think about it.
FINANCIAL STATEMENTS!
FOLKS THIS STOCK IS NEVER, NEVER GOING TO GO ANYWHERE WITHOUT REAL AUDITED FINANCIAL STATEMENTS FROM SCMI (NOT QTIG OR ANY OF THAT SORT) !!!
DO YOU THINK ANY INSTITUTION WOULD INVEST IN SCMI WITHOUT FINANCIALS BEING DISCLOSED.
EVEN IF THEY ARE LOSING MONEY BY BOAT LOADS, BETTER TO SEE THE ACTUAL FINANCIALS THAN JUST FLUFF PR.
WE AS INVESTORS SHOULD PRESS PETER AND TEAM TO DISCLOSE TO US THE BALANCE SHEETS, CASH FLOW STATEMENTS, INCOME STATEMENTS ETCC FROM THE PAST FEW QTRS.
April investor meeting - will ask for more shares. The problem with this company are the software developers. I don't care what the PR states SCMI being number 1 in the industry. Obviously the customers feel this is not the case. I want to see a few joint programs with MIT, Standford, Harvard there is where the brains are. How about coming up with a list of patents. How about a few PHD's. Not some weird gothic looking lady sitting on the floor with a keyboard in her lap.
SCMI will ask for more shares. You will see. Probably a reverse split, then ask for more shares. Folks we have 450 MILLION Shares outstanding. This puppy isn't going anywhere with that number.!
You want news/updates wait for the investor meeting. That's the only time when Peter and team show their face. After that, they go back into their tunnels.
My bet is that we will get a proxy asking for an additional 100M shares.
Why isn't Peter and team giving Quarterly updates? Doesn't that make the least sense. And yes I do think SunnComm could do a better job of getting more experienced developers. What % of the staff are software developers? Like Ellison said last week, Oracle is all about it's developers.
I can't wait for the April investor meeting. I hope people will be grilling this guy. Enough is enough. Last Year we were supposed to be on an exchange, this year were supposed to make really strong progress into the DVD market. Yada yada yada....
Show me the money!
DVDs
Did anyone speak to SCMI about the DVD business? If not I'll call tomorrow...unless they turned off the lights and went home to party for new years.
I suggested to Peter in an an e-mail to outource as much IT work outside the US. There are some really good programmers overseas and they are a fraction of the cost. Do we know if SCMI has software developers that are the best in the industry or are they punk kids? the lady with KedBoard in her lap doesn't look like a happy camper.
I am just hoping that we have really skilled people working for SCMI.
the only reason I bought into this stock 2 years ago was b/c of an article I read in the San Jose Mercury news that compared SCMI to MVSN and basically the long article concluded that SCMI is better. That was when SCMI was at 0.40... a long time back.
I guess we'll have to wait until April for the Analyst Meeting, and a few people can nail Peter as to finally telling the truth. Like what is going with the darknoise technology? Relationship with the customers? The DVS business? etc..
Maybe the entire Suncoom team took off..all 20+ people
The only HOT at this point is the VIP Lady WOOOWWWWW
I would really appreciate if someone can post a message if they heard anything from management on buy backs or anything of the sort to reduce the float.
Shares outstanding
I have been holding SunnComm for a very long time, and I have simply seen the number of outstanding shares increase. Any word on buy backs, reverse split. In order for this stock to move we need to reduce the number of shares 450 M is huge for this company. My greatest fear is that more shares will be added further diluting the price.
# of shares outstanding.
I know back in April "the company" authorized 50M additional shares. LAst I checked we have about 450M shares.
Has anyone heard about any reductions in the share volumne?
Thanks-
jrinphx- the stock is toilet paper.
Our CEO for some reason refuses to provide any feedback. I know its a penny stock, but something is better then nothing.
Tell us some activity????
Dude- Where is the money going???
"You do not just say here's my $5.00 put me on the exchange. A lot of things have to be done and I am sure they are short staffed for the things they want to accomplish."
Dude- That's my point. Tell the public every month and a half where we are with the filings. Let me ask a stupid question- Do you know if Peter even filed at all? My opinion that we haven't even started step 1.
If takes 6 months to get on an exchange, than most likely we are looking at mid-next year.
How the heck do we know anything, other then stupid Sunngramms. He needs to do a better job of explaining his position with investors.
1) Where are now
2) Where we are going.
As the investment community we should be able to tie expectations to actual performance. I hate FLUFF informations
Peter is a bad CEO!
If he was honest and had common sense, he would be responsible to update shareholder bi-Qtrly on the current activity. But he isn't. I don't care if this company is a one man show or 100k people company, he was on record for stating that this stock will move to an exchange.
So do we have to wait every year for an update in Pheonix? Is that the game plan? How about some appreciation for investors who are risking their dollars for this penny stock company?
By the way, they can keep those stupid Qtig shares? Who cares about them anyway? It's basiclly the same company. In other words the revenues are 100% correlated..so what good does QTig offer? Lets focus on Revenue and technology and not on silly shares ( 100 Million share company..on penuts for revenue)..Lets focus on SCMI share price and nothing else.