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Can the selling be related to a potential negative filing from QTIG? Joe.
If I recall correclty, the article was posted by someone who said that they found it on the RB board.
How does one get in touch with Matt? Thanks. Joe.
the fact that we have people refusing to post on this board is disheartning, regardless of whether they hold positive or negative beliefs about this stock. I ask whoever is in charge of deleting posts to refrain from deleting posts unless absoloutly necessary.
Thanks. Joe.
Dear Stehisit:
I thank you for the compliment, but would ask that you note that, unlike you, I am a believer in this company and that your unkind words on the RB board about the longs here are not appreciated.
I do recall your older, more positive posts and am sorry that you have become disallusioned with the company. I do hope that regardless of your future with this stock that you do not associate with failed computer geek teenagers who have nothing better to do than hang around message boards bashing a stock while high on the latest shrooms picked from the back yard...
Joe.
Gregg99 advises that his post, seeking information about deleted posts was deleted. Blueduce, is this true. If so, I would greatly appreciate it if you would point to the specific portion of the terms of use relied upon for the deletion.
Gregg99, I for one am sad to see you go. I hope you reconsider your position on not posting on this site any longer.
Joe.
Here is my take on the situation:
1. We are shareholders of a company that is doing its darndest to make it happen. While we are making progress, there is a long tough road ahead.
2. The reason the price of the stock is low is mostly due to the fact that the company was/is(?) pumping shares into the market. (Per Alj14, the float has increased by 60-80 million in the last 6 months; Alj14)
3. The company is having a tough time cracking the market. Otherwise, we would see many more releases containing the program. Please note that the most recent jump from 154 to 156 was partly due to the addition of "velvet revolver bonus material"(I am advised by the company that the list is not all inclusive and that some customers do thier own support. If we dont do the support, the CD would not be included on the list) As such I believe that despite the paranthetical, we are not protecting that many new CDs.
4. There are no projections out simply because the numbers are unfavorable. On August 18, 2004 the company put out a PR stating that 5mil CDs were protected. Almost 3 months later and we have added only 1 million?!? (Dont believe that the lag in time between placing of ad and printing is an issue. It would have been simple to change the "six million" figure in the ad on short notice.
5. I can only assume that the company is spending more than it is making since 6 million X $.05 is 300k. I was under the impression that our burn rate was over 100k per month. By the way this would account for the sale of stock by the company over the last few months, and frankly would support the notion that additional stock is being sold.
6. The reason that most of us are here is that should the company plan work ie. our product gets used on a majority of the CDs coming out, the company would have one heck of an income stream and the market would support a much higher stock price. Will this happen? I hope so. Will I be here if it does? Yes.
8. The fact that the company paid dividends is heartning. I am sure that it cost a pretty penny to go through the exercise.
9. For those of you conspiracy theorists out there, dont forget that Peter said there is a plan to get shorty. Maybe the plan was to release little or no information for some time, then run an add that said only 6 million CDs protected in order to lul the shorts into thinking that they could milk this one for a little longer, only then to put out real numbers showing tremendous revenue catching all shorters off guard!!! (I dont subscribe to this theorty... see 1-8)
10. I feel that the best thing to do is wait and see where this one takes us.
Joe.
I went back and found my post (~#W7500) and went through the links I provided. There was no mention of a connection in the links. I do recall reading something (when I was doing that reseach which showed a connection between Halderman and MVSN. It may have been that there was a connection between Princeton and MVSN. It may have been that I added 2 and 2 together and got 5, but my recollection is that I saw something that looked a little fishy.
I tried to look back tonight to see if I could find the info that made me think it was fishy, but found nothing (didnt do that detailed of a search). Will keep looking and will let you know when I find something.
Joe.
One of the stories that I read a couple of months ago, (I posted the link on a message on this board) noted a connection between Halderman and MVSN. I think that he was going to work for them or was working on a project for them... I will try to go back and find it, and will let you know if I find anything.
Joe.
Berg, its 7:40 eastern time here. I have been up now 2.5 hours. See what I mean??? Joe.
Berg, congrats. Know however that your life is about to change. I found out about my first one about 3 years ago and nothing been the same since. (its all good though)
On the 6 million cd issue, I wish that the number is old, real old. Otherwise, it wont be pretty when QTIG reports in November.
I like the PR but unlike most of the post PR posters, I dont know if this new news is going to make the stock rocket up. (I hope I am wrong though!!!) News of actual usage will be much better for the sp.
Having said this, and not to read too much into the PR, anyone notice that it said "our major label clients" as compared to "client" hope this was intentional and not just a mistake.
Look forward to reading your thoughts over the next few days.
Joe.
Got dividend in Ameritrade account. Have not received dividend in bank brokerage account.
Dear Longs:
I would suggest that whoever does not want to be included in a suit against the company advise stehisit of his/her wish on this public board.
Joe.
Dear Stehisit:
I see that you are now in fine company in your new endeavor!
While you owe no duty to me, I ask that you advise your attorney that I, Joseph Rahimi, a shareholder of this company do not want be included in any suit against this company.
Also, with respect to your comment that this matter would be of no cost to you, please note that ethical rules prevent attorneys from covering costs associated with litigation. While they are allowed to pay for them up front, if the suit goes nowhere, ethically, attorneys are required to make clients pay for the costs. Please read the contigency fee agreement fine print on this point.
Joe.
Didnt we have our protection used on a #1 CD in the last 6 months also? Three things (at least)
I am still here. Patiently waiting. Plan to be here for a while. The computer on which I kept the CD list has crashed and as such I am no longer able to provide information on the CDs. I plan on recreating my list shortly and will provide tracking information as best I can.
Joe.
Dear Sharon:
I believe that the shares will show up on October 22, 2004. Per the July 27, 2004 release from Sunncomm.
Joe.
Anyone notice lack of posts on the RB site. Specifically, no word from 2 of the 3 not so kind, negative speaking, have no faith in the company, call company a scam individuals. Another sign that something is a-brewin?
I am told that the list is not an all inclusive one. Apparently, some labels do not want/require us to provide support and as such thier cds will not be included in the support page.
I am trying to compare so that I can provide accurate information. There have been some CDs added, some CDs that have been added dont even have titles yet. I can only assume that the ones that dont have titles reflect full blown adoption by BMG. There have also been some CDs that have been taken off. (Anastasia as an example) . Will do my best to do a comparison and will update when I have more information.
By the way who own RCA?
Joe.
Ameritrade site is down, cant get on. Please note, some of the added enteries are CDs that were released earlier (2003). Dont know why they would include those in the list now. Joe.
http://www.sunncomm.com/support/askthetech.asp
Look at box that says "CD in Question"
Elvis CDs on list, lots of CDs with title TBD. Can someone look into this. I have to run an errand and will not be able to follow up until tonight. Joe.
Something is going on. List got reworked to show artist first, but now there are more than 140 CDs listed. Will compare and let you know what was added. Some of the added CDs are new releases with no release dates yet (one I saw was from Arista). Full rollout by BMG?
Joe.
Just looking around on billboard and wanted to let you know of some good news. 1. Velvet revolver moved up some on the top 100 and billboard notes that it was one of the CDs that had the most gains in the number of CDs sold this week. Ditto (sp?) for the Anthony Hamilton CD.
Also, another Sunncomm entery at # 46, Tears for fears (new CD), which is on the list of protected CDs. Can someone confirm that the commercial release has Sunncomm on it? Thanks. Joe.
In a previous post I mentioned that Usher's CD from 2001 was recently added to the list of CDs we protect. Anyone know why? Did he let us put our software on a reprinting of the CD? Any info on this would be appreciated. Joe.
a few months ago there were more than 160 enteries on the list. The list got cleaned up then. Why, how I dont know. Someone on the board suggested that the cleanup was performed to eliminate duplication. (this example was given: the list included multiple listings of "Reflections" followed by specific artists. Now it just has one entery for the same CD followed by the notation "various artists". Joe.
99 cds. Latest addition is a kinkysweet CD which is set for release on October 19, 2004.
SUNNY, did you stop counting? If you dont get your act together im gonna have to fire you... Joe.
Dear SUNNY:
I noticed the increased count today but wanted to make sure that I knew what CD was added to the list before I provided information to the board. The newest edition is.... 8701 by Usher. Checked the net, this CD was originally released in 2001. I do not know why it is included in the list now. It could be that Usher was happy with the results of the mediamax on his promo release of Confessions(I do not believe that mediamax was included on the general release as there has been no word from the company to that effect) and given the interest generated by the new album, the old CD went to print again, but this time with mediamax. Any information from others on this matter would be appreciated.
As far as taking over my job, please do. I'll keep count behind you to check your math and to provide CD information.
Also, Please note that Boyz to Men CD has been on the list for some time now (at least three weeks), I dont know why they took so long to release info on it publicly.
Joe.
Good Morning:
There are now 97 cds listed on the support site. The latest three editions are a band out of Canada, I dont think that they had any association with a major label. The second release, is from a Universal artist (I think; sorry, not too up on artists) and is listed as an advance CD) The third CD is by latin American band. Its previous CDs (there are many) have come out under private label, RCA and Sony.
Will continue to keep track of the cds to see how this one plays out.
I received an identical email from tech support. The question I have now is whether or not we protected the promotional release of this CD, and if so, why did it take so long for the CD to get on the list? There has been a suggestion on the board that the CD was listed to create some confusion and run up in the pps (B#$$ S**$)
In other news, I counted yet again. There has been one more addition since yesterday.
Joe.
A thought...
I recall that several months ago Sunncomm announced that it would provide stock options to its good customers. It would make sense if a company, lets say, Sony, wanted to market our product as its own and wanted to own a part of the company also to request that it be provided options. Would it not?
To the other board:
Now before any rude individual from the RB board pick up this note and twists it, let it be known: 1. I do not have any information to back up the above theory. 2. I am an investor in this stock and am hoping that the pps will rise on positive news from the company 3. I am not affiliated with the company (other than owning stock) in any way, shape or form. 4. I wholeheartedly believe that any individual who is not a shareholder, (mrgs... ,Mr. Beyondo, Ms/Mr. HPO, Mr. Lone Star etc...) and who simply hangs out on these message boards needs to find something a little more productive to do with their time. 5. I have lost more than what I have invested in this stock in a Vegas weekened and as such do not mind if the stock tanks. 6. I appreciate the concern noted over, and over, and over, and over, and over, by the individuals named above regarding this stock and thank you all for your fine efforts in watching out for the interests of stockholders and to be stockholders of this company. It is just a shame that no one in reimbursing you for your more than fine efforts!
Joe.
Joe.
I believe that sony uses its own protection on its own software, movies etc. I dont believe that I have seen anything that says sony uses its own inhouse protection on its cds. Regardless, if the information on the sunncomm site is correct, Sony International is using our copy management software
you shoud also note that the release date for the CD was June 15, and it took almost two months for it to show up on the support page. Could there be more CDs out there?
Joe.
Hello everyone, I think I have good news...
I checked the list again today and there are 94 CDs listed. The good news is that the newest addition to the list is a CD by Anastacia entitled Anastacia. A quick look at amazon.com shows that the CD is in fact an enhanced CD. The better news... its from Sony!!
Unless I am somehow mistaken in my reporting, this is good news and should be most welcome. I would appreciate others looking at this and letting me know if I am reading too much into this.
Joe.
FYI, the CD count on the support page went down to 93. Cant tell you why or who got taken off. Joe.
Have understood this for a long time now. Please look at my posts prior to the annual meeting and note my concern on the issue of dilution.
I am disheartened to learn of the additional 80 million float in the last few months. Rather than the naked shorters, I would think that the infusion of these shares into the market place is the reason for the low share price. I beleive that once the infusion of new shares into the marketplace is slowed or stops, the share price will go up. The dilutive effect will factor into how much the share price will go up.
I hope that revenues have increased sufficiently to cover expenses and that the sale of additional shares has stopped or will stop in the near future.
A point to ponder... why would management be willing sell shares at these market prices if selling the shares could bring in much more money in few months.
Joe.
Dear Alj14:
Based on your posts I have always assumed that you are a well informed shareholder of this company. I recall a post approximatley 6 months ago in which you advised that 320 million shares were issued and outstanding. 3 month or so ago, you wrote another post advising that the company had advised you that 380 million shares were outstanding. I wrote you on that issue and your responsed providing information on the increase in the number of outstanding shares.
You advise now, that the outstanding share count has been increased to above 400 million. Any word on why such an increase? Have the stocks been sold or given to others in return for services? Any restrictions on the sale of stock given away? Any word on what the money is being used for? Is the money used to cover ordinary monthly expenses? How many more shares are available and how many more shares does the company plan on selling? The decrease in the share price could certainly be accounted for by factoring in the 80+ million shares outstanding.
Any information that you can provide in response will be appreciated.
Joe.
I dont know how to take this last post from Peter. While it is relatively positive, it lacks his usual enthusiasm and contains a lot of disclaimers. (Maybe I am just being a little too sinical (sp?) today) Any thoughts?
From Ask the pres: (alj, I got lucky getting to this one first)
Q: Dear Mr. Jacobs.
The participants on InvestorsHub discussion board are concerned that MSVN may have developed the technology to interact their copy management protection for Itunes/Ipod. How are we doing in that development process. MVSN is likened to Goliath and we as David, it will not take a lot for them to overpower our position with major labels. We are also greatly concerned about not being able to get out of the pinks and unto a major board. How are we progressing towards that objective?
Lastly, we are concerned about our falling pps. We are on the threshold of dynamic growth and our earnings potential appears to be skyrocketing
however our pps is lower now than when we were in the development stage and not earning a dime in revenue, why are we taking such a beating? Tough questions, maybe so, but they are all of great concern to myself and my fellow investors many of which have been with Sunncomm from the first year. Hope you will find the time to respond.
Thank You. (8/23/2004 10:30:59 PM)
A: Let´s take ´em one at a time. SunnComm believes that Apple and their iPod technology is proprietary to Apple. Thus, we have chosen a path that respects the proprietary nature of Apple´s technology and that involves cooperating with Apple to provide consumers with the ability to convert music found on MediaMax CDs to Apple´s iPod. No other competitor has attempted this path, and I believe our goals regarding iPod playability on MediaMax CDs is the honorable way to go and will ultimately reward SunnComm, our shareholders, and the consumers. Time will tell.
Regarding your "David and Goliath" scenario, I think that your analogy is correct. Our largest competitor is a billion dollar company, and the odds of SunnComm becoming the market leader in optical media copy management has always been a longshot. However, at this time, MediaMax is the ONLY copy management system used commercially in the world´s number one CD marketplace, the US. What we do at SunnComm is focus on the deliverables to both our record company customers and their consumers. Nothing is more important to us than developing a copy management product with 100% playability that incorporates value-added features intended to increase awareness to consumers of the artist´s and other rights-holder´s wishes to limit the number of times that their work may be duplicated. We have seen our competitor´s new product and we believe that MediaMax 5.0 is superior in many ways. Again, time will tell - we can only do our best.
We have begun a process that is intended, with the help of SEC Regulation SHO and some very smart consultants, to flush out all individuals who are naked short our stock along with brokers with failed deliveries of SCMI on their books. This plan will culminate in moving off the OTC exchange. Management has made the decision not to reveal the details regarding this plan until they happen because doing so might jeopardize the plan´s effectiveness.
The market influences on SunnComm´s price per share are complex and factors, other than our business successes, seem to have more impact on our pps. There are plenty of stock market analysts out there who will tell why the market did what it did yesterday, but none who can consistently predict what it´s going to do tomorrow. SCMI is no different. General knowledge has it that once SunnComm lands enough contracts to become profitable, our share price may become more stable and cause our shareholder´s less heartburn. All SunnComm employees are shareholders as well, and want the same things as our other shareholders.
In summary, there are a lot of "ifs" about SunnComm. As you have said that you´re a long term investor, I don´t have to tell you that investing in SunnComm´s stock is no "get rich quick" scheme. Paraphrasing Warren Buffett, if you believe in a company´s business plan and you believe in its management, then a lower share price should represent a buying opportunity. If, on the other hand, you wake up one morning and the company has changed either its management or its plan, then you need to decide whether to continue holding your shares. The same is true if you lose confidence in management.
One thing is certain - they´ll be more surprises to come... Hopefully, most of them will be pleasant, but certainly not all of them will be. I believe that over the last 4+ years, the SunnComm people have proven that they are better trained than our largest competitor at dealing with whatever situation comes their way.
Best regards,
Peter