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Jrinphx, how close to jinx is that.
I-tunes in Australia is now selling sony/bmg songs for $1.69.
These sales give the artist approx 1/3 royalty. The songs can still be burned, copied and the dropoff in income will continue.
I-tunes is obtaining music to the rich few with mp 3 players.
Me personaly a tape in my car player sounds great. A cd is a pretty convient medium and everyone loves this disc.
I-tunes is like owning a rolex. Y ou are going to get hit on the head and your :nano" lifted??????
"leave it home you dont have to worry about it".
MediaMax 6 is coming and its very obvious. Me I would get a new name like Phoenix-1,[rising from the ashes], and it is also the name of our home office.
I feel i-tunes in not the answer to copy protection. Do you also believe in "Plate Tectonics", where India sailed 8,000 miles north and banged into tibet ,raising the Himilian Plateau?????????????????????????????????????????
I tunes is like running across the street on a rainy day, and ignoring the potholes. Potholes will still be there, but gee we started a new fad, like hula hoops, roller skates, flip cards, or tops. You realize even Macdonalds stopped counting hamburgers sold. When does I-tunes stop counting "tracks downloaded"????????????????????????????????????
Excellent find.
The upside movement of scmi price per share on this announcement Friday afternoon was quite an earthquake.
I am not a "ra ra" person , but on 175,000 shares tradeD, a little maore then $3,000 moved the price [I think on two trades] up over 24 %.
A two billion cd full rollout BY Sony/bmg of mm 6 in 2006 ,even at .02 cents could add 40 million dollars to the gross income.
Even a small .06 cent earnings per share will generate over a 100 times eps valuation, based on 2007 and beyond growth potential.
THATS $6.00 FOR ONE SHARE OF SCMI/MMXT.
That would give our little company a 3.9 billion dollar valuation. Apple has a 50 billion dollar valuation.
Scmi / mmxt should use its market to buy the depressed stock of Macrovision, a 51% stake would require less than 400 million dollars. I remember when aol bought Time warner and used its highly inflated price and potential to swallow a whale.
Fly, ya gotta do it , for the chat room.
Hello, SCMI is going up, what are we missing?
good points.
Sahd made good points also. 100 million would trade at any price if scmi/mmxt were dead.
SCMI /mmxt should use "Phoenix" for the new version of software encription, "raising from the ashes of the old".
Its like selling a toxic dump, distance your self from Mediamax 3 and 5.
Just my opinion. Goodwill was surely not and issue.
Let handlemen and tinker people take a fresh look, and forget about the shift key.
Iam holding.
Look at xdsl m-phase 163 million shares out and going higher.
selling at .22 cents. It was valued at 2.7 billion at $17 a share.
SCMI at .01 is valued at 6.5 million . At .20 cents it would be valued at 130 million.
Xdsl m phase is into nanotechnology , like color tv and rca telivision it will not turn the corner on profitability for decades, but it will fly on greed and potential. I think it is another Siri, you know the radio you pay for.
A 7 percent decline in year to year cd sales [because of piracy and "casual copying"] can be slowed by scmi/mediaMax and is a signficant breadthrough,and will be patched soon.
I am holding scmi. When sony/bmg go 100% Mediamax in 2006 sometime I want to be holding .
Merry Christmas to all. We all what our self esteem repaired Santa, send an elf or "whatever".
This humble pie, humility business has been going on long enough.
We were assigned a growing inquisitive brain which we all try to use 100%, and do hope we will see the positive results.
To cave in to the doomsayers is a sin, let those buy gold and Gold stock and hope for a collapse. We on this chat room follow a different drummer, we beat the drum of inspiration.
To be professional is to carry on. I am holding.
May luck follow you in the new year.
Daaaaaaaaaaaa Sell scmi and buy MMXT.
No wash sale.
I have a degree in loopholes.
Danny repeat your post. ITs is excellent news.
$30,000,000 roylty income from Sony/bmg for yr 2006...
.05 cents earnings per share x 100 times eps = $5.00 share price for mmxt.
Just a thought of the mmxt potential as a microsoft [software] type of company, combined with the royalty type of earnings like {comm. for using patent protected encryption],can call for a 100 times eps calculation.
Value investing.
Sony/bmg contract $30 million annually x 10 = $300 million.
Bmg /Sony could pay .50 cents a share for MMXT/scmi and look for a winfall of profits as "casual copying" improves gross sales by the 37% "falloff" rate.
Screaming eagle The wash sale:
The wash sale
actually a 61 day rule!
"If caught" a loss [security sale] is disallowed if a substantial identical was purchased within 30 days before or after the date of sale.
The purpose is to prevent investors from making trades for the sole purpose of avoiding taxes.
holding on.
I know how low these pinks can go, when the "scam" starts. I do not think scmi/mmxt is going in this direction, but I know the signs.
Its like the teacher said about "kenetic" energy. "Its gone once the cannon ball falls to earth".
Well I have seen crooks do just about anything. If you look at the cannon ball lying on the ground, you would conclude It has no where to go. Wrong, If you did a hole a mile deep next to the cannon ball,and shove it in, it goes LOWER!
Dilution is the enemy. 50 million at the last stockholders meeting is a bad sign. Reverse splits are part of the scam.
I dont see it coming for scmi/mmxt.
Sharon you transferred a copywitten newsarticle to this chat room,did you violate a copywrite law?
Your answer will shed lite on the nature of protecting cds.
Sting, well said. I put a sell in yesterday on 100%scmi holdings, at .02, and only 5,000 shares were taken from me.
You seem wise in you comments, but I hope you realize the horror stories in dealing with pink sheet companies.
Wrong pinks go to the center of the earth. read my previous post.
If we get a reverse split , It will be the same disaster.
Steh you trully touched me when you mentioned "pink",and the .001 price, I have been there.
I owned more stock than the ceo and still they did a 3 reverse splits. You have 20 million shares , now I have 16 shares.
The high for 52 weeks is posted at $855,000.00!
I turned the company into sec, Spitzer in ny and nothing gets done.
I did get an e-mail from the ceo , and he said stop the witchhunt.
I learned humility.
I have a friend who warned me about this stock.
This glass is half empty.
Humility, is what I am learning this x-mas.
IF we take a dive and dont recover, "dollar cost averaging", will be a disaster.
Have you noticed how little our SCMI investment is worth?
I look at my portfolio and think about what Will Rogers said.
He said , "Its not the return on investment thats important, its the return of the investment".
MYSTOCK DONT YOU SEE WHAT MACROVISION IS DOING?
The answer to casual copying, piracy is apeasement.
The MediaMax "package" is almost perfect. Its a "eureka"
type of software discovery, which is patented by SCMI, Sunncomm International.
This fair play Macrovision is a deception. It does nothing. tell a big enough lie and people will believe it. There program is a farce.
They cannot compete with Mediamax so they published this fluf.
I wii tell you a story and you will laugh.
" a company came up with a new process for canning Salmon. Thats Macrovision. The process changed the color of the salmon while it was in the can. It turned WHITE.
What the company did ,as Macrovision is doing was state on the package that THE SALMON WILL NOT TURN PINK IN THE CAN".
A true story. This macrovision fluf is the writing on the can.
Look at it another way, "look ma the emperor has no cloths on".
SCMI/mmxt have 17 companies that pay royalties.
Alls well that ends well.
It may be true. You realize that the companies paying for encryption save money by playing games. Macrovision would encrypt only 1/2 of the total production of a piece of software, thats what I was told.
To save money is the only reason.
IAm sorry. My mistake, I mistook your buy as a pick that caught the low point, and that you were just on a fishing expedition.
We great crazy sometimes. Sorry...
Groves whats your thoughts for tomarrow morning?
I really hate when someone who has nothing to say insults those that write here and try to give advice , there feelings and honest opinion.
You "pulled the trigger" on this stock and you purchased at a great price, but I think you will you make a mistake when you sell? You have no knowledge about the stock, the product, nothing.
If you ,as I believe have no substance or backbone to do due diligence, do you think its such a big deal to throw the dice, as you did with this stock?
You probably should have purchased a lottery ticket with the money.
Ypu are not smart enough to contribute anything to this discussion board.
When we are rich we must ask "an then what".
I am happy now, mmxt will be great, i can see the dollars to be saved for all concerned is substantial and the companies , artist and many others need mmxt.
MMXT will be a sucessful software company, and the p/e per share will be from 88 to 100 times.
When mmxt earns 10 cents a share the mmxt price will most likely be price of the mmxt stock will be $8.80 to $10.00 per share.
MediamaMax is destined to be the standard in the industry.
Sunncomm/mmxt will hit. We will be sucessful.
Sting I like when you argue with duck, it gives the investorshub volume and a spot on the list.
Here is an example.
Sting did you see the violin player on the Titanic?
He just kept playing, and the audience saw a true hero who knew the outcome and accepted. Your not that violin player, are you?
Remember this is where you hold tight and if it dips to .015 again we all should jump in and buy. Buy when "fear is ramput in the street".
Did kc and the Sunncomm band appear to be scared? I dont think so.
KC and the Sunncom band are making good music. Patches are being prepared as required. The technicals are employed at mmxt/scmi, its the accounting that seems to "stink".
Accountants we have them that have complaints lodged against them, old filings not completed, merger audit slow,???????????
KC needs to put pressure on the public accountants...He is a get thing done guy , by the way the patches were completed and approved as effective.
Push the cpa's or do you want them to be called "certified public asassins", because they are killing the shareholders.
IF it does'ny make sense kill the "FASB" rule, noone understands them anyway. Listen to a concert pianoist, do you think anyone can here the mistake?
No.Fasb rules are to fatten the fee. Thats it.
Accounting for options to executives is a joke and the accountants will make more in fees then kc makes in options.
ITs buy and hold at these levels ,and climb the wall of worry.
Once break even is hit, start getting you original investment out by selling pieces.
I think selling a stock should be something like the rule I learned years ago about when do you put your headlights on.
"when you think about it you put them on"
As I got older I find I leave them on all the time for safety.
With stock I have noticed I make money the first 3 days, then its a gamble.
ITs like the weather, you know what tomarrow brings, but 5 years from today "that Asian butterfly" that flaps his wings may cause, according to the chaos theory a hurricane over here.
One practice I find is one "option players" use. Sell pieces as it goes above your breakeven point, let your profits "run".
SCMI should close at .02 cents today.
What misinformation on the yahoo site, 817.0 k market cap is shown for scmi??????????
What is wrong with these people, how can due dilagence poceed with this nonsence?
The rally is under way. We are coming back from the edge.
The losers have been flushed out with the panic selling in the last two days, welcome back to reality time again.
The patch works!
Its on the web site ,click down 1/3 the way , look for Dec 9th...
"Climbing the wall of worry". Hang in , we are in "Bounce"off the bottom mode.
A "nothing " bounce is called a "dead cat bounce". These stink.