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Since I can't PM, regarding your PM, check your PM sent archive and see if it's in there. You might want to change your password if it is in there and you didn't send it.
You must be short or just bashing to get some cheapies.
Yeah that's right, I can't afford a subscription because I lost all my money following pumper clowns into plays like STSM. But I say it was the evill MM's and naked short sellers.
Hit it with some dry powder, c'mon big guy.
Why don't you slap that ask. .009s have your name all over them.
Check out the dividend yield on it right now, 180%. Doubt they'll get around to paying that though.
Anybody here from PHARgo?
That's not a PHARfetched prediction. Today's bidwacking following the run up was a PHARce in my opinion.
People will take you PHAR more seriously if you turn off the caps.
Enough PHARting around! The company needs to put out a juicy PR.
Yeah and when you go back and review the posts from those days, people were urging them to invest their LFZA profits in PLYCF and CKYS. Opps!
Lick it, that's what your mom was doing last night Trebek!
Suck it Trebek!
10 trillion or so. Not sure about the restricted count.
Nice pick idiot.
If memory serves, he's some hugely obese man who was in with the whole "plan" from the beginning. He was also at the shareholder meeting in Dallas. Don't have the link to the photo album, but if you do, just look for the guy that looks like he weighs about 400 lbs.
I did a google image search a long time ago for it, using kool aid as the key word and it showed up and I liked it. It keeps me grounded.
Nice close today!
Seems were in the toxic financing business now. Maybe we can finance some Panamersa Corp. projects.
Slap that ask!
Nice quarter!
BroadVision Announces Profitable Second Quarter 2007 Results
BroadVision, Inc. (OTCBB:BVSN), a global provider of e-business solutions, today reported financial results for its second quarter ended June 30, 2007. Revenues for the second quarter were $13.3 million, compared with revenues of $12.7 million for the first quarter ended March 31, 2007 and $12.7 million for the comparable quarter of 2006.
License revenue for the second quarter was $5.5 million versus $5.7 million in the prior quarter and $3.6 million in the comparable quarter of 2006. The majority of the second quarter license revenue was generated from the company’s core Commerce and Portal solutions from customers including BNP Paribas, Canon, Circuit City, Vodafone, Ferrari and several other brand name global customers.
In the second quarter of 2007, BroadVision posted net income on a U.S. Generally Accepted Accounting Principles (“GAAP”) basis of $8.4 million, or $0.08 per basic and diluted share, as compared with GAAP net loss of $2.5 million, or $0.02 per share, for the first quarter of 2007 and GAAP net income of $1.8 million, or $0.03 per basic and diluted share, for the second quarter of 2006.
The Company’s 2007 Q2 GAAP net income included a $3.1 million non-cash gain from revaluation of the Company’s outstanding warrants previously issued to certain holders of the now retired convertible debentures to purchase approximately 4.2 million shares of common stock, and outstanding warrants previously issued to the landlord in a real estate buyout transaction to purchase 700,000 shares of common stock. GAAP requires that these warrants be “marked to market” at the end of each financial reporting period.
Pro forma net income for the second quarter of 2007 was $5.9 million, or $0.06 per basic and $0.05 per diluted share, compared with a pro forma net income of $5.4 million, or $0.05 per basic and diluted share, in the first quarter of 2007 and a pro forma net income of $1.9 million, or $0.03 per basic and diluted share, in the second quarter of 2006. These pro forma results exclude restructuring charges, stock compensation expense under SFAS 123R, and revaluation of warrant liabilities. A reconciliation of these pro-forma figures to GAAP net income figures is included in a table on the attached financial statements. The Company believes its pro forma results provide useful information because they reflect the Company's financial performance excluding certain charges, credits, gains and losses that the Company believes are not indicative of its ongoing operations.
As of June 30, 2007, the company had a cash balance of $46.2 million, representing a $5.2 million, or 13%, increase over the March 31, 2007 balance of $41.0 million and a 25% increase from the year's starting cash position of $37.0 million, due primarily to positive cash flow generated from operations.
“Our team delivered yet another solid and profitable quarter. It’s now been six straight quarters where we generated stable top line and impressive bottom line results with strong cash flows, demonstrating sustained progress in our turnaround efforts.” said Dr. Pehong Chen, President and CEO, BroadVision. We will continue to focus on this execution plan as well as driving our new product suite including K2 (Kona * Kukini)TM based Portal and Commerce, eMerchandising™, and CHRM™ into the worldwide market.”
The Company formally introduced eMerchandising™ — BroadVision’s first commerce server agnostic product — in June and received very positive market reactions. Furthermore, during the second quarter the Company recorded, for the first time, modest subscription and consulting revenues related to its new CHRM™ on-demand solution, which is scheduled to officially launch in Beijing on August 2, 2007.
Conference Call Information
BroadVision management will host a conference call today, Thursday July 26, 2007, at 2:00 p.m. PDT. The conference call may be accessed by dialing: 1-866-463-5401 pin code 497043#. Callers outside the North America should call 1-212-547-9857 to be connected. A web replay will also be available following the call on the company’s website until it releases its second quarter 2007 financial results.
About BroadVision
Driving innovation since 1993, BroadVision is a global provider of e-business solutions. Our modular applications and agile toolsets, built on a robust framework for personalization and self-service, power mission-critical web initiatives that deliver unparalleled value to diverse customers worldwide. Hundreds of organizations, serving over 50 million registered users -- including Baker Hughes, BioRad Laboratories, Citibank, Finnair, Ferrari, Hilti, Iberia, ING Bank, Prime Polymer, Vodafone and Xerox -- rely on BroadVision as their platform of choice for e-business.
For more information about BroadVision, Inc., call 650.331-1000, email ir1@broadvision.com or visit www.broadvision.com.
BroadVision is a trademark or registered trademark of BroadVision, Inc. in the United States and other countries.
Information Concerning Forward-Looking Statements
Information in this release that involves expectations, beliefs, hopes, plans, intentions or strategies regarding the future are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which forward-looking statements involve risk and uncertainties. All forward-looking statements included in this release, including, but not limited to, BroadVision's continued execution in accordance with its strategic roadmap, are based upon information available to BroadVision as of the date of this release, and BroadVision assumes no obligation to update or correct any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from BroadVision's current expectations. Various factors and risks associated with BroadVision's business are discussed in its most recent annual report on Form 10-K and in BroadVision's quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission.
Don't mess around with Josh Taylor. He's the Chuck Norris of penny stocks.
Check this out. Looks like Google's interested in pursuing this technology as well.
Google's plan for airwaves
INTERNET GIANT PROPOSES OPEN ACCESS TO NATIONAL WIRELESS NETWORK; TELECOMMUNICATIONS GROUP OBJECTS TO IDEA OF RESTRICTIONS ON AUCTION
By Elise Ackerman and Mark Schwanhausser
Mercury News
Article Launched: 07/21/2007 01:35:50 AM PDT
Google pledged Friday to bid at least $4.6 billion in a government auction for wireless licenses, dramatically upping the stakes in a game of political and business chess between some of the country's leading technology and telecom companies over the future of mobile access to the Internet.
Google's bid came with strings that could assure the company and other would-be telecommunciations tycoons access to a national wireless network, even if they don't win the auction.
In a letter to Federal Communications Commission Chairman Kevin Martin, Google Chief Executive Eric Schmidt argued those conditions would guarantee that the American consumer would benefit as well. "When Americans can use the software and handsets of their choice, over open and competitive networks, they win," he wrote.
Opponents of Google's proposal argue it could deprive the public of the full value of the spectrum, which it owns.
"This is an attempt to pressure the U.S. government to turn the auction process on its head by ensuring only a few, if any, bidders will compete with Google," wrote Jim Cicconi, AT&T's senior executive vice president, external and legislative affairs, in a response to Martin on Friday.
Martin and the four FCC commissioners are setting rules for the auction of the electromagnetic spectrum, which is used by television stations to broadcast UHF channels.
Google, along with a coalition of public interest groups and technology entrepreneurs, wants the FCC to require that this 22-megahertz block of spectrum be "open" so that any handheld device or any software application can run on it. They also want to require the winner of the spectrum to resell it on a wholesale basis, and to allow third parties to connect to the network.
"Everyone benefits from this," said Craig Mathias, founder of Farpoint, a wireless research group. "The idea is literally an Internet in the sky that will be open to any authorized user."
The FCC could set the rules sometime this month. The auction must take place before Jan. 28.
In a draft of the rules circulated to FCC commissioners, Martin indicated that he supported open access for devices and applications, or two of Google's four requests. He also reportedly set a minimum bid of $4.6 billion for the 22-megahertz block.
Telecommunications giants have argued that adding conditions to the auction would make the spectrum far less attractive to them, leading to lower bids and less money for taxpayers.
Meanwhile, Google said it would only bid if all four of its conditions were met.
John Walls, a spokesman for the CTIA-The Wireless Association, whose members include all the major telecommunications companies, said Google is claiming "squatters' rights."
Walls said Google should bid in an unrestricted auction and then set up the kind of network it wants if it won.
Andrew Seybold, a consultant to the wireless industry, said wireless networks have much less bandwidth than DSL or cable and must be carefully managed. "Wireless networks are complex things," he said, noting that spam and security threats are, as a result, much less frequent on mobile networks.
Contact Elise Ackerman at eackerman@mercurynews.com or (408) 271-3774.
http://www.mercurynews.com/business/ci_6431057
What the hell happened to Ben's brakes?
You've got to have 3.8 billion to damage before you ask for it. Rufus could ask for a couple desk chairs, a laptop and maybe a few sunken logs worth of damages.
Great day. Looks like someone got some advance guidance on next weeks earnings.
Nice day. Looks like the reversal is in progress.
LOGSPEED!
Isn't it more like how all the followers got sick...at Rufus's BBQ?
I was wondering what the sudden spike was all about. Hopefully the uplisting will tighten it up a bit from the ussual 100 percent spread.
Over 60,000,000 under this explanation in the last year. Filed on 2/7/2007.
Explanation of Responses:
1. Gifting of shares to various charity, non-affiliate entities and/or non-affliates
He doesn't sell them, he donates them.
Any guesses on the surge in volume late in the day? Short covering or news leak?
Finally some action around here.
Can you bidwhack on the gray market with no bid or ask?
The auditor's sole job is to verify what the company says it has financially. They act as an independant third party, nothing more, nothing less. When they sign their name to a company's financials, they are in fact certifying them as compliant to GAAP standards. Not that it really matters since Enron was GAAP compliant at the time of its collapse.
Think of it this way, when an architect puts their seal on a set of blueprints, then the building falls down because the design was flawed, it's the architect's responsibility. However, if it was poor workmanship, ect., you could look at it as the contractors fault and possibly the building inspector.
I'm a little shocked personally by this Benson decision. I was always under the impression that Rufus forged his name on the letter certifying the financials. It still may be the case since I think Benson's last comment on this fiasco was no comment. Maybe he didn't feel it worth his time to challenge the decision and that his reputation had already suffered enough.
BHP on a rocketship to the moon the past couple weeks.
CNCM 8x9 now
Lots of strange trading activity here the last couple days. I saw hem take the ask down to .0008 and then bring it right back up to the .004 range. Plus lots of volume. Somethings definately afoot.
CNCM always seems to get around 100 million in volume on Fridays. We've got 60 million to go, just a matter of time.