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Goldrusher, please tell me where the info came from that says shares are going to 4 billion soon? Thanks
THANKS FOR THE REPLY
THANKS FOR THE REPLY
Thank you for the reply, but I had this info already. I was wondering if anyone might know why Swope would join RSMI. I can't understand why he would join a penny stock company unless they had some thing to offer except a 2000.00 meeting appearence fee when the boardmembers have a meeting. I would think this is chump change next to what I assume Swope earns at INTEL. Unless RSMI may actually have a sellable product or will do business with Intel. ANYONE have any insight here? Thank you. GLTA
Anyone here familiar with William Swope of Intel? Perhaps ypu could tell me why he has aligned himself withe RIM SEMI CONDUCTOR out of Portland Oregon. Swope has joined thier board of directors recently.
1.00 A SHARE?? THAT'S WHAT I NEED
I don't see myself privy to any answers or explanations for Swope joining RSMI. However when I ask questions I do expect answers just like I do at my workplace. The fact that I won't recieve one from Swope or RSMI does not stop me from asking. I have sent emails to the SEC, CNBC, CBS MARKET WATCH, BILL NARIN, TELEPHONIE NEWS, PIRRELI BROADBAND, ETC. The only reply did come from Intel. I will keep trying. GLTA
I actually feel a little guilty that I had to go to the extreme that I did to get that response from Intels PR division, but after reading the tall tales that come out of RSMI all these years, I find that these measures need to be taken to get some truths out if at all possible. Plus I'm pissed that I lost alot of money here buying all thes stories for the last 8 years.
I think I am being censored. My last reply was 4 paragraphs long, yet it did not appear as I typed it. I can only hope that MR.Swope responds to my e-mails and we can possibly(doubtful) find out why he is on RSMI'S board. Mr Swope is the only recognizable name associated with RSMI as far as I can see. He was on the developmental team for the Pentium 3 processer on the Intel websight bio. GLTA
NO, I'm not a full fledged jounalist , but I am interested in the truth. I decided to try ask Intel questions I'd hope they would respond to. After going thru the normal channel for questions asked with no reply's I thought I
I got this from Intels PR dept. I asked if MR. Swope was on the rsmi BOD and also if RSMI would be doing any kind of bussiness with RSMI. I got a answer to the first question but not the second.. From: Dotts, Christine <christine.dotts@intel.com>
To: FOREONTEE@""""""""
Sent: Tue, 11 Mar 2008 7:33 pm
Subject: Intel inquiry
Hi - Chris Dotts with Intel PR here. Got your inquiry. Yes, Will Swope is on
the BOD. And I don't have the answer to the second question. Need some time to
go find answer.
What is your deadline?
Chris Dotts
Just like that best in class statement. When you are your own competition I guess you are allowed to make statements and press releases and get away with it also.
RSMI Details,,,THIS IS AS OF 2006,, WHAT IS IT NOW?
Detailed Description...
www.rimsemi.com14 EmployeesFounded in 1985 Latest 10-K Latest 10-QMore SEC Filings...Top Compensated Officers
Mr. Brad Ketch
Chief Executive Officer, President, Principal...
Age: 44 Total Annual Compensation: $400.0K Mr. Ray Willenberg Jr.
Chairman and Executive Vice President
Age: 55 Total Annual Compensation: $263.0K Mr. David Wojcik
Chief Marketing Officer, Senior Vice Presiden...
Age: 40 Total Annual Compensation: $189.6K Executives, Board Directors
Compensation as of Fiscal Year 2006.
Is there a date for the the next stockholders meeting set yet?
Goldrusher,, do you think William Swope is also gone or do you mean just the hands on employees?
DOES ANYONE KNOW WHEN THE THE NEXT STUCKHOLDERS MEETING IS AND WHERE?
WHEN FOR SURE IS THIS YEARS STUCKHOLDERS MEETING?? IT SATS MAY 2ND ON THE RSMI STUCKHOLDERS SIGHT BUT I DON'T KNOW IF THATS LAST YEARS INFO..
The last time I bought this POS was over a year ago. This sham went from a oil venture stock to a whiskey distillary business in that time frame, with all the happy pr's full of promise but none were true. All lies and the the basturds get away with it. FOR NOW'''''
WELL THEN, WHO TF DO WE BLAME HERE. 4 name changes in 4 years and now this reverse split to nothingville. cwfm, cwfg, jmcp. jmon. Who the hell knows what this was called before cwfm. also tha b/s green belt resources. I will meet up with this scumbag sooner or later.
THIS IS A MINI RUN?? MINI HA HA POSSIBLY, NO MORE'
MY APOLOGY TO EVERONE FOR THIS POST. I COULD HAVE SWORE THAT 300000 SHARE BUY WAS 3-10-08. IT WAS 05. Time to get new contacts
This story has some familiar rings to it. Not much different than what we have come to know of RSMI in my opinion. What made the SEC invetigate this story but the SEC has no interest in to looking at RSMI. Got this off HOTSTOCKED.COM also.. Stock Spammer Gets 10-Year Sentence
Contributed by: Martinas B.
Date: 21 Mar, 2008
Michael Saquella, a.k.a. Michael Paloma, a man, who committed securities and electronic mail frauds has been given ten years in federal prison. Paloma was also ordered to pay $7,806,303.58 in damages.
In 2004, Mr Paloma, 47 and his other four colleagues hustled investors by convincing owners of 15 small corporations to turn over large chunks of those firms' penny stocks after promising that they could take the companies public.
They then e-mailed fraudulent press releases to drive interest in the companies' stocks, create artificial demand and drive up share prices. Medlin was one of several spammers hired by Saquella, Kaplan, and Zemla to push the stocks.
Once the stock price had been pumped up, the men dumped the shares they controlled, leaving duped investors holding the bag. The scams netted more than $20 million in profits, said Alice Fisher, assistant attorney general of the Justice Department's criminal division. The men kept the bulk of the proceeds, but some were turned over to the companies in question.
"What makes this case stand out is the intricacy of the scheme," said Cheryl Scarboro, associate director of the SEC's enforcement division, in a statement. "These defendants were not only able to sneak these companies onto the public markets through the back door, they were able to manipulate those markets with old-fashioned pump-and-dump techniques."
This is confusing.Why ??? Date Insider Shares Transaction Value
3/10/05 PECKHAM, JACK,
Director 300,000 Acquisition (Non Open Market) at $0.15 per share. $45,000
Insider Summary for RSMI
Copyright © QuoteMedia. Data delayed 15 to 20 minutes unless otherwise indicated. RT Realtime, EOD End Of Day, PD Previous Day. Market Data powered by QuoteMedia, insiders by Vickers. Terms of Use.
ould he buy 300000 at.15.
Gee, up 10% today. That's like getting a 100 extra sheets on a 1000 sheet roll of Charmin tp..
how bout .12 a share.. I have apx 11500 reversed once, reversed twice , can we have a reveresed 3 times. Oh I'm sorry, it's called a buyback WHEN IT COMES TO PAIM ,ZNXT OR WHATEVER THIS GROUP MAY RENAME ITSELF VERY SOON. STEAL BACK IS THE CORRECT TERM
i tried to sell it, but it won't accept my transaction
CAN ANYBODY SELL THE SHARES THEY OWN OF THIS POS IF YOUR ARE IN AMERITRADE??
Convert into what? Charmin 1 ply.
ANYONE EVER SEE THIS FROM 4 YEARS AGO? New Visual finances fine, CEO insistsPortland Business Journal - by Aliza Earnshaw Business Journal staff writer
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A publicly traded tech company relocating to Portland has been struggling with its cash situation, but its CEO says the company has been working hard to turn that situation around.
The company is developing a semiconductor for the telecommunications market.
New Visual Corp., now in the process of relocating from San Diego, Calif., to downtown Portland, reported $1.7 million in accounts payable in its most recent quarterly filing with the Securities and Exchange Commission. That money is owed mostly to vendors, said Brad Ketch, who joined New Visual (OTCBB: NVEI) as CEO in December last year.
"Over a long period of time, the company has accrued debt, to service providers in most cases," Ketch said. "We've made considerable progress in reducing that."
In fact, New Visual's accounts payable had reduced by more than $536,000 as of July 31 this year, the end of the company's third quarter, from just under $2.25 million as of Oct. 31 last year.
One method for conserving cash has been to issue stock instead of paying cash to employees, executives and vendors, said Ketch.
"We in essence are saying to them, you have an opportunity to receive from us for services rendered either cash or stock. I owe you a hundred grand, and I say, 'Will you take stock instead?' And if you believe the stock will be worth more than that, you'll take it."
Investors in New Visual, Ketch added, "see that we are successful in issuing stock, and they take it as a vote of confidence."
As further evidence of confidence in the company's future, both Ketch and New Visual chairman Ray Willenberg, Jr. purchased New Visual stock last week. Willenberg, who already owned almost 2.6 million shares, or about 3.8 percent of the company, purchased another 400,000 restricted common shares for $100,000, or 25 cents per share. Ketch, who owned only options until his purchase, bought 40,000 restricted common shares.
Both Ketch and Willenberg are paid in cash, as well as stock options. Willenberg, who served as president and CEO of New Visual until June 1, 2002, received a salary of $258,406 in 2002. Ketch's base salary since he became CEO is $20,833 per month, and he was issued 1.5 million options at 64 cents per share. Earlier this week, New Visual stock was trading over the bulletin board at 24 cents per share.
As in the past, New Visual continues to negotiate some of its consulting and employment agreements to include payment with stock. Consulting agreements made earlier this year, for example, involved issuing 3.2 million shares to pay the consultants.
Some legal settlements that New Visual reports in its latest quarterly SEC filing have involved share-based payments made to past consultants and former officers of the company.
THANK YOU''
Spokeshave,, mind if I forward this to CNBC? Great Info.
RSMI has told more lies in my opinion than Carter has pills. Best in class .. HA'' YAH best in class alright
We all made the mistake of putting money into this POS,BUT still the blame should go squarely on the da boyz and the SEC for allowing this to go on and on just because the best work RSMI does is quarterly filings, and the safe harbor act that allows all the lies to go on and on. Just because this a otcbb stock should not mean the scammer should be allowed to get away with anthing they want, but it seems they do anyway.
I still have not let this go, I just got a new reply from CNBC.
Dear CNBC Viewer,
Thank you for your submission to the CNBC Customer Care Team.
We have forwarded your complaint/concern to the appropriate Team. Thanks for visiting CNBC.com.
If this note did not provide you with the information you requested please respond to this message and provide as much additional information as possible. We will make every effort to provide a response within 24 hours.
Regards,
Shivi Khandelwal
Customer Care
I still have not let this go, I just got a new reply from CNBC.
Dear CNBC Viewer,
Thank you for your submission to the CNBC Customer Care Team.
We have forwarded your complaint/concern to the appropriate Team. Thanks for visiting CNBC.com.
If this note did not provide you with the information you requested please respond to this message and provide as much additional information as possible. We will make every effort to provide a response within 24 hours.
Regards,
Shivi Khandelwal
Customer Care
gee , if I bought 5000 shares , this would be the biggest 1 day gainer in the history of scams at this rate.or 10 gallons of gas in one of their HUMMERS
up 33 percent on 125 shares>>???? how is that possible on that few a shares
THANKS, I corrected that list night on another email to cnbc.
I sent a email to cnbc to see if i could stir things up,, Dear CNBC Viewer,
Thank you for your submission to CNBC Customer Care.
We are committed to reviewing your submission and we will email you as quickly
as possible with a response.
Our viewers typically receive responses within 24 hours.
Sincerely,
CNBC Customer Care Team
----- MARK P .Wrote -----
First Name: MARK
Last Name: P.
I would like to see a expose into the world of scam stocks especially penny
OTCBB stocks allowed to sell lies to get there shares bought only to see
eventual reverse splits, false buybacks, multiple broken promises, lining of
supposed owners pockets at shareholders expense and what the SEC DOES NOT DO
ABOUT IT. 2 pennys to look at are RSMI , RIM SEMI CONDUCTOR out of Portland OR.
90 MILLION IN STOCK SALES OVER PAST 10 YEARS AND NOT ONE PRODUCT anyone believes
is on the market. Another is JMON , JAMES MADISON CAPITAL CORP. Recently had
another reverse split #3 in which almost all share holders lost 99% percent of
there money. This company likes to change there so called product line every
other month. They were supposedly in oil ventures ,but have now dropped that and
are now going into the whiskey distallery bussiness ...ALL LIES,SEC BACKS IT UP
I sent a email to cnbc to see if i could stir things up,, Dear CNBC Viewer,
Thank you for your submission to CNBC Customer Care.
We are committed to reviewing your submission and we will email you as quickly
as possible with a response.
Our viewers typically receive responses within 24 hours.
Sincerely,
CNBC Customer Care Team
----- MARK P .Wrote -----
First Name: MARK
Last Name: P.
I would like to see a expose into the world of scam stocks especially penny
OTCBB stocks allowed to sell lies to get there shares bought only to see
eventual reverse splits, false buybacks, multiple broken promises, lining of
supposed owners pockets at shareholders expense and what the SEC DOES NOT DO
ABOUT IT. 2 pennys to look at are RSMI , RIM SEMI CONDUCTOR out of Portland OR.
90 MILLION IN STOCK SALES OVER PAST 10 YEARS AND NOT ONE PRODUCT anyone believes
is on the market. Another is JMON , JAMES MADISON CAPITAL CORP. Recently had
another reverse split #3 in which almost all share holders lost 99% percent of
there money. This company likes to change there so called product line every
other month. They were supposedly in oil ventures ,but have now dropped that and
are now going into the whiskey distallery bussiness ...ALL LIES,SEC BACKS IT UP.