Reading about the Woozle effect....
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I believe that if Core Wafer Systems had contracts signed or about to be they would postpone the paid campaign until they could announce them. Instead, they PR the same information they put out five days ago on Facebook and the very same day, the snippeteers* return.
*snippeteers definition: Paid posters who post snippets of PR's, new and OLD, often without any regard to what even makes sense.
Example: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84885061
That wasn't true when it was posted LAST YEAR! LOL
$WAFR Rhymes with Laugher™ "NEXT WEEK SAME AS LAST WEEK!"
APII/WAFR sure talked about products about to be released LAST YEAR, but it NEVER happened. $14 Million turned into $195,000. Okay, maybe $315,000. Big Whoop.
Open sales orders of $315,000 are expected to be invoiced and collected by the end of the first quarter of 2013.
WAFR pinning hopes and dreams on this subsidiary:
http://corewafer.com/
Odd how rarely this website is posted. Check it out!! Try ALL the links. Read the documentation. Go to the Contact page.
CWS address is an accounting office in Minn. Phone number is a mobile phone in Albuquerque. (The only change on the website that I've seen in the past year is they finally got rid of the UPS post office box "Main Office" LOL)
Is this company still breathing?
We will not comment on speculation related to partnerships that are in negotiations or products at the planning phase and have not been made public.
A lot of OLD information, e.g., "WAFR Announces Q1 2012 Financials and Plans for Increase in NEEL Operations Marketwire (Wed, May 30)"
Can't wait to see the forthcoming PR, if Center Stage Stocks was impressed by the "Plans for Increase in NEEL Operations" and if their "Previous Acts" on their website are their "success" stories.
"why in just the last month CYBK has gone from building, marketing and distributing these kiosk to just having some software apps."
Are we sure they have that much? The video looks like the lootery software belongs to Swordfish.
And it's not even demo'd on a Cyber-thingy kiosk, unless those touchscreens utilize some other device like a mouse...
PRs are filled with speculation, although they like to call it "forward-looking statements." The last PR from CYBK included this:
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Forward-looking statements speak only as to the date they are made.
To judge from that site, he runs the risk of being rolled up in it.
On the other hand, sounds like the perfect place to copy SRGE's last act!
You know you want to learn about the Dominican Republic where Cyber-Thingy plans to install 5000 kiosks and present a new lootery...oops, I mean lottery system to the government, right?
Check it out here:
http://dominicanwatchdog.org/dominican_news
The business opportunities sound fantástico!
Promises, promises. This was posted nearly a YEAR ago and what does WAFR have to show for it? More debt, 90% drop in share price, and not much else.
When business acumen is this sharp, you have to wonder what's in it for THEM...
http://www.facebook.com/notes/ele-kauderer/houston-we-have-lift-off-lt-general-thomas-p-stafford-usafnasa-astronaut-as-the-/10150614228402321?ref=nf
#2 on Breakout Board with 1% of proforma revenues achieved for 2012??
Congratulations to those who have brought awareness to WAFR!
Let's hope investors carefully consider before investing.
Not only have I not said there was no market for kiosks, I've posted plenty of links to REAL Kiosk manufacturers and service providers.
What I haven't done is post a video demo - using a cursor!! - of another company's gaming software with the title Lottery and Gaming Software-Dominican Republic-Cyber-Thingy on YT under the name, Christopher Clarke!
Very believable is CYBK and their sheet metal, no-touchie touchscreen kiosks.
My research into WAFR's assets tells me that APII/WAFR asserted in press releases early last year that the company, Core Wafer Systems, which APII HAD acquired WAS to make revenues of $14 million in 2012 with software upgrades that WERE complete.
Late in 2012, APII/WAFR disclosed that Core Wafer Systems had sales of a mere $195,000 and, further, that the company needed an estimated $1.3 million to complete the upgrades on the software, which rather explains the weak (ha! 1% of proforma??) sales. It is difficult to imagine that CWS holds any significant share of the semiconductor testing market with sales like that!
As for the acquisition of CWS, it was claimed as an APII subsidiary LONG before the t's were crossed and the i's dotted. In fact, the merger wasn't technically finalized until NY DOS accepted the Certificate of Merger, in January 2013, even if all parties currently agree on some date in October, 2012.
So, no, I don't believe the assets are worth much, and I don't believe there is any PUBLICLY available information that proves otherwise. I believe APII/WAFR, knowingly or not, misrepresented the value of Core Wafer Systems in 2012.
And I don't believe there is any reason to think anything has changed or will, even if a PR is released, considering WAFR's history of PRs and pps drops.
All IMHO. Well, not so H.
Core Wafer Systems Info:
And be sure to check out the EXCITING*cough*NOT*cough website of the company with $14 million in assets and $195,000 in 2012 sales:
http://corewafer.com/
Someone stole WAFR's trucks! Worse! They stole the LAND and the BUILDINGS, too.
That is some mighty clever accounting. WAFR had land, buildings, and trucks in Q3 2012 and now, they've got $14 in MYSTERY ASSETS.
I'm surprised they didn't add a couple million in "Goodwill" while they were at it.
Clarke has 22/23 companies under his Belt
Is that why he's the CEO, "Chief Extraction Officer," cuz he extracts shareholders $MOOLA?
Assets which, based on previously released information, are the UNFINISHED software products of CWS, which were supposed to garner $14 MILLION last year but which amounted to only $195,000 in sales in 2012 (again, according to WAFR disclosures).
In other words, WAFR sold shares last year based on the hoopla and proforma revenue of a company that made 1% of what was projected!
Sure, THIS year will be DIFFERENT. LMAO.
Or as we say in WAFR("Rhymes with Laugher"™)ville:
NEXT WEEK SAME AS LAST WEEK.
Oh, my! That IS impressive. "The Company reported a net loss for the year ended December 31, 2012 of $2.3 million."
Check it out: http://www.facebook.com/corewafer
Add that to the rest of WAFR/CWS liabilities and obligations as revealed in the Annual Report and, well, shareholders will be RICH! RICH!
Not.
Speaking of the "Migratory Bird Act," snippeteers have descended on WAFR this morning, cawing "$4 million! Contracts! 2012!"
Yeah, right.
(It's okay to think about swerving...IMO)
Don't forget, all those ASSets in the annual are from this company:
http://www.corewafer.com/
Now THAT's a software company with a really dy-no-mite internet presentation.
By the way, where is the General? What is the COB doing these days?
WAFR's annual report does make for some interesting reading anyway. For example:
On October 31, 2011, the Company’s wholly owned subsidiary, Core Wafer Systems, Inc. (CWS) entered into a Promissory Note (Note 4) for various cash advances and the purchase of certain technologies from a related party totaling $2,866,981 with annual interest at the rate of four percent (4%). As of December 31, 2012, the Company had not made any payments.
Good thing I used actors to depict our roadrunners!
FYI, they're protected under the Migratory Bird Act of 1918.
Just sayin...
http://www.fws.gov/migratorybirds/RegulationsPolicies/mbta/mbtandx.html#r
But I know how you feel. I thought the rock squirrels were cute until one chewed through the A/C line under the car...$300. Ouch.
Love is in the air.
Yup, the neighborhood's pair of roadrunners are well...doing it. Or fixin to get ready to.
I'm sure that if there were contractual news re WAFR or CWS that was publicly available, it would be posted here lickety-split.
Anything else implied or even inferred from vague statements about contracts or anything else means diddly-squat.
One thing WAFR has acquired is a $500,000 settlement obligation to Sandia Technologies and another legal judgement to protest. Which means if there is viable IP, it may not entirely belong to WAFR yet.
And to judge by the filings, APII/WAFR almost never pays a dime.
If you don't believe me, go here: https://caselookup.nmcourts.gov/caselookup/app and when you get to the case lookup page, enter Core Wafer in the name field. (I'd post the screenshot, but I'm not sure that I can legally do so.)
Have you got a ticker? You deliver faster than CYBK!
Speaking of which, did Cyber-Thingy™ ever deliver those three fully operational kiosks to First American Equity as promised?
Does anyone fall for the Snippeteers anymore? I haven't watched a lot of these paid promos. However, in my modest experience, they will at best prop up the price of CYBK briefly...
briefly...
*face palm*
I get it! Now I understand why some posters say they believe that "Jim Wheeler is good."
He is, isn't he? LOL
I have a new theory.
Everyone on IHUB who has a lawyer at their beck and call really has a brother-in-law who, yes, is a lawyer, and who, by taking their ridiculous "class action" suits against pinkie CEOs, is simply proving that he doesn't like the idiot his sister married, because if he did like him, he'd tell him, "Stop throwing your money away in the pinkies and then trying to blame your losses on other people!!"
just sayin...
"shareholders given book value on assets."
Actually, shareholders are just having an unaudited carrot dangled in front of them.
Last year, that carrot was supposed to make $14 million. Sales were $195,000. That's just 1% - ONE PERCENT - of proforma revenue predicted last year. Miscalculate much, APII/WAFR/CWS??
That carrot is described in the annual report as, "Core Wafer was the sole supplier of technology for Agilent semiconductor test equipment as an OEM partner until Agilent exited the OEM Market. Now, Core Wafer continues to create software that can be used by Agilent hardware through 2015."
Supposedly upgrades to various products were touted as "complete" in PRs last year. Now, by WAFR's own disclosure, CWS needs $1.3 million to finish those upgrades.
While the software marches on to obsolescence..."through 2015."
The average annual income in the Dominican Republic is $4,860, poverty exceeds 25%, unemployment exceeds 17%, and the literacy rate is around 87%.
If they do indeed get 5000 installed in the DR, the density will be greater than convenience stores in TAIWAN, a much, much, much richer country.
Maybe CYBK should get a deal there. LOL
The internets are our friend(s?).
There, one can look at real kiosk manufacturers and their kiosks, which are pictured and detailed on their websites, imagine that!
Kiosks which don't look like cheap sheet metal cabinets with one or two "touchscreen" tablets tacked in them...
As for "touchscreen," is a tablet a touchscreen if NO one ever touches it, as in CYBK's own photos and videos? (The latest video doesn't count, because for all that anyone can tell we're seeing Swordfish running on CC's home computer screen...)(EDITED to add - actually CC is using a MOUSE in that vid. So much for touchscreens.)
I mean, MAYBE it's all true, but ... well, just asking a few questions amid the detritus of reposted bits of PRs and promotional balderdash...
Cyber-Thingy™ to Present a Lottery and Gaming Software Solution To The Government of The Dominican Republic
I hope they tie a pretty bow on that present.
THIS is news on which to invest ???
I think unsavory goes with gambling wherever you find it...like the penny stocks...
No, Swordfish looks a bit unsavory itself, frankly.
And now CYBK looks like Hitchcock's The Birds. YIKES.
Hey, you did the work finding the video!
Kinda hard not to notice Swordfish in it. I wonder if CC actually has any rights to it...
Now, where'd that other eyeball roll off to...
I thought Cyber-thingy was providing the sweepstakes stuff. They're just middlemen for Swordfish Sweepstakes??? I wonder if Swordfish knows about this Dominican Republic deal....I sure hope they're not paying for the advertising in this vid. LOL.
Huh. I also wonder what Swordfish's share of the "residuals" will be.
BTW, here http://swordfishsweepstakes.com/services/ it says:
Swordfish's Consulting, Service Experts, and Installation Department stands behind our sweepstakes systems 100%.
We help you choose the right number of terminals to start out with.
We transport the hardware to your physical location.
We even setup all the hardware, software, and programing for you.
Yes, I found this, but where does it say anything specifically about WAFR, or as dlc says, "after the Westor article and understanding that a major shareholders shares we're involved in Westors scheme..." or "the 22 different tickers involved" or "you might even be surprised who one of the witnesses is going to be."
Where, in that article or the three documents posted by FINRA (I've read them as well), does it suggest any of the above?
LOL, you say, but I really need to know! When the eyeballs fall out of my head and the husband says, "I told you so," well, it won't be pretty.
And I'm all about pretty.
Is it possible to roll one's eyes OUT of one's head?
I'm getting concerned...