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"NeoMedia would have the accurate download numbers"
I guess we'll hear those the same time we hear about our CFO leaving?
Wait ... I see that NEOM 8-K'd Womble's leaving (after Womble filed his Form 4 , way to stay on top of it Scott) and we haven't heard the download numbers lol.
Same song , same refrain.
Thanks Iain.
Bena , see what you can find out , they don't buy us drinks and get us on yachts ... or tell us anything.
jonesieTheMushroom
Welllllll , the Weekly is holding up , but ....
.... we're back under that long downtrend line after the Russell pop.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31660195
The Daily , well it said to sell a while back but like you said , we're still in an uptrend since May , and things seem to be happening (?) so holding seemed a better option than strictly following the chart.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31659191
That having been said .. if nothing good happens soon lol , back to 'chart only'.
jonesie
Hey , Bena ....
.... could you find out about this for us? Scott Womble , former CFO? Maybe why left , who's replacing , that sort of thing?
Thanks in advance as NEOM won't actually tell us anything , we're just shareholders.
jonesie
Looks like this ATT/Papa/NeoReader deal ....
... might have been in AZ , the location of the original forum poster?
Scott Womble , 'former' CFO?
Noting how many shares he has (excuse previous header, 'D' in box other than the box I thought it was in LOL)
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
That's very cool NEOM , thanks for posting.
Top ALL TIME 185 Companies on Regulation SHO Threshold List
as of September 21, 2007
Here's the first 40.
Note: TIV is there at No. 35 out of 185.
Not sure this list will ever be updated (it was in an SEC report done last November) or where to find such an updated list , but I thought this was interesting when I ran across it while researching something else.
jonesie
Good point krays ... 44MM indeed.
And I hear ya on the horse-beatin' but I learn something with each foray into these areas , just like recently as your posts brought up some things I hadn't thought of in the past.
And for any who plan on playing 'long' in the otcbb , knowledge certainly is power , even if that knowledge is as simple a thing as spending time on otcbb companies who don't find it necessary (or advantageous , ask Chas) to use these types of financings ... and touts.
JMO
jonesie
LOL . oh **** indeed.
On another note , I found something interesting the other day ... it was in an SEC update report filed on 11/19/07 and it was in part a report on some of the things the SEC looked into after that Overstock CEO really got mad at the FTD shorting going on in his company's stock.
Anyway , the SEC compiled a list , which was accurate as of 9/21/07 , of the Top All Time 185 Companies on Reg SHO Threshold list since the inception of that list.
Of course , OSTK was number one lol.
And lo and behold , amongst all of these largish companies like OSTK , Krispy Kreme, Taser , NovaStar , Netflix , SunPower , LaZBoy etc .... nestled snugly 'twixt and 'tween were no less than 8 Yorkville Clients.
I thought that was interesting in light of what we often hear about how hard it is to short a sub-dollar or even a sub-penny otcbb stock.
Can you short an otcbb stock? Anyone here ever do it? Who can?
jonesie
p.s. Got a spreadsheet on the subject if anyone's interested in seeing it , will finish it and post it somewhere before too long.
Yep , see my last post.
Good fine-tuning point though .. now they only get 'somewhat' discounted shares , of course relative to a 30-day low , and they can always convert and sell into the spikes ... at least one of which (two?) was caused by their new friend Bena.
But IF they can get the PPS up , that discount would indeed get heavy as you say.
lol , right , the ol' 'inducement' thing ....
.... and although I didn't quite answer my own question in that post , I have posted many times in the past about all the changes to previous agreements made in YAGI's favor as 'inducements' for YAGI to make the next loan to NeoMedia.
In fact , I think I posted that exact quote from the 10-Q in the past.
And that inducement was given when NEOM was trading in the .02's.
That's quite an inducement too .... if anyone thought NEOM's PPS would really get back up into double-digits , how nice to be able to convert at a max. price of .02 , rather than at 97% of the lowest closing bid price in the last 30 days , at some future time when for example the PPS could be in the fifteen cent area. (Okay , bad example price lol)
Or even the 5 cent area.
Shoot , that .02 max. works out significantly better for YAGI even if NEOM managed to get to 3 or 4 cents a share ... convert at .02 , sell at .04 , wow.
Now I answered my own question.
Amazing how our execs/bod just gave and gave and gave YAGI whatever it took to get the next payday loan ... because as it has turned out ... practically every loan NEOM ever got was a payday loan since there have been no revenues or assets-building generated from these loans.
Greedy buggers.
jonesie
lesnshawn, no ....
.... it just means that even if NEOM's PPS is 50 cents , YAGI can still convert at a max. of .02 per share lol
And that was changed downward from .50 some time back.
jonesie
claw , I see krays' answer to you ...
... and your question raises some others, simply out of curiosity.
I'm not sure of the relevance of the .02 'fixed' conversion price other than with regards to what krays' points out ... since there was originally 27,000 of these Series C preferred put out there (In return for $27MM?) and the highest possible conversion price is now .02/NEOM share , that does imply that no fewer than 1,350,000,000 shares would eventually hit the market due to the conversion of this preferred ... and of course with conversions taking place sub-half-penny , lots more than that can be added to the dilution.
It's also interesting that this 'fixed' price was changed from .50 to .02 at a subsequent point in time ; below is the verbiage where it started at .50 ; there were a lot of items in the filing stipulating conditions under which it could be changed , but I don't remember which item triggered the change.
"The Conversion Price shall be equal to,
at the option of the Holders the lesser of (i) Fifty Cents ($0.50) (the "Fixed
Conversion Price") or (ii) ninety seven percent (97%) of the lowest closing bid
price of the Common Stock for the thirty (30) trading days immediately preceding
the date of conversion"
I don't really even understand why there was a need to change that , since they can always convert at the 'lesser' number , that being 97% of the lowest closing bid ... blah blah blah.
As I said , just out of curiosity. Any idea on why that 'fixed' number would be changed?
jonesie
"what NEOM may have in the works that would take several installments to disclose"
Anything NEOM may have in the works sure shouldn't be "disclosed" to a blogger before it gets "disclosed" to shareholders.
jonesie
Ben88 , re "crook"
Is this 'our' AR? Can't tell for sure.
From the SEC News Digest 12/2/88:
Try as I might ....
.... my "television remote control" won't take a picture of a bar code symbol.
You're right , just 4 wells in May.
Hard to extrapolate that to June , we can impute the overall June production from revenues , and even guess at Oxnard's , but there is the possibility that more than 4 wells produced in June.
We'll see before too long!
jonesie
Quick answer to part of your question ....
If blockbuster news hits the price will go up.
For every tick the price goes up , the number of shares Yorkville is entitled to drops.
For instance , in an earlier 10Q NEOM stated that at a share price of .008 the Fully Diluted share count was only (lol) approx. 9 Billion shares , as opposed to the 20+ billion shares it jumps to when the PPS is in the .002-.003 range.
So , blockbuster news in and of itself 'stops' Yorkville from dumping "24 billion shares".
As for the rest of it , Yorkville really can do pretty much whatever they want to whenever they want to. The numbers may change , but their 'ownership' of our company is pretty much a constant.
jonesie
p.s. Not sure I understand your comment about the new CEO's options implying 'the common will not get wiped out' if something good happens. What do you mean 'wiped out'?
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
That's just the ....
.... 'Financials for the Short Attention Span' based on the 10-Q which was filed 2 weeks ago. No new info there.
jonesie
Perhaps they didn't realize ...
.... that the numbers would have to show up somewhere?
Hard to say.
Looking back through the Notices to Drill , we've seen Pleasant Valley 1 thru 8 being permitted to drill so far. I believe one of those is the vertical crude oil well and 7 are the steam-assist Vaca Tar Sand wells , but for ease of calculations I'm going to lump them all together and use 8 as the number of producing Oxnard wells.
Taking that May Oxnard production of 9696 bbls , dividing by 8 (wells) and then dividing by 30 (days) gives an average daily per-well production at Oxnard of 40.4 bbls in May.
That makes sense since from the PRs most of May seemed to be in short-run test mode.
If my earlier 2Q08 revenues-to-barrels calculations are anywhere close we could potentially see ~60,000 BOE total production in June.
Assuming gas production in June was the same as May , gas production would be ~36,000 mcf (including Moffat) and that would be 6000 BOE out of that 60,000 BOE , leaving 54,000 bbls of June oil production.
Subtracting TIV's June OPI-site reported S. Belridge + Edison production of 2600 bbls leaves 51,400 bbls of Oxnard production.
Divide by 8 and 30 and that would give June daily per-well production at Oxnard of about 214 BOPD.
Like I said , can't wait to see June's Oxnard production on the DOGGR FTP site.
jonesie
Feedback from DOGGR:
Excerpts:
DOGGR: "can confirm that the numbers shown on the May monthly are the numbers reported by Tri-Valley"
In reply to a request for clarification regarding seeing these numbers (9696 bbls at Oxnard) on the FTP site but not on the OPI site:
DOGGR: "That is correct. Even though you can’t see the numbers reported for individual wells, you can surmise that from the Production by Operator monthly numbers."
Waiting on the answer to, wait, this just in, got the answer to my follow-up question which was "will we always see these total production numbers for Oxnard on the FTP site, (but not on the OPI site) even though the wells are confidential?"
DOGGR: "We have to count production from confidential wells or we wouldn’t get an accurate statewide total. Usually it isn’t this easy to see where the production is coming from."
So it sounds to me like we won't see the individual PV wells production breakdown on the OPI site due to Confidentiality , but since DOGGR has to tally statewide production somewhere regardless of Confidentiality , we should continue to see the Oxnard field production on the FTP site going forward.
Interesting that DOGGR said "usually it isn't this easy ....". Not sure how that works , but this is going to be pretty easy to see since the only producing wells in Oxnard are these steam-assist PV wells.
That's pretty cool and is especially cool since it was on May 19 that TIV mentioned "Several of the new wells which are confidential status with" DOGGR , and on April 14 geoscience1 mentioned he was hearing things "making it sound like" PV and Moffat "have been granted confidential status for 2 years"
Apparently it doesn't matter when TIV took the wells Confidential , these numbers should continue to show up on the FTP site.
I wonder if my really rough revenues-based estimate on 2Q08 Oxnard oil production will be borne out? Based on a number of assumptions including a guess at the per bbl price TIV might be getting for the heavier oil from the tar sands , I thought we might see 2Q production of substantially over 60,000 BOE , perhaps as high as 69,000 , including oil and gas.
Another new item for May is Moffat Ranch Gas. There was no Moffat production shown on the FTP site for April , but May shows 24,850 mcf. That would be on top of the 10,772 mcf reported in May on the OPI site for all other gas wells. That also bears out the comment about Moffat 48X "production at or near 1,000 mcf per day" which was in the May Shareholder Letter.
Can't wait to see June production on the FTP site , including the Oxnard and Moffat Ranch wells. Oxnard should be much higher in June compared to May , and hopefully Moffat will be holding its own from month to month.
JMO
jonesie
Thanks for posting that krays.
I was about to do the pic/upload thing but procrastinated a moment thinking you were probably ahead of me, and I was right lol, thanks for doing the work.
It looks like they had a good meeting on August 19 and our patent attorney is doing a good job.
I'm having problems with the 8/29 documents as well, looks like java problems?
jonesie
re: MAY PRODUCTION
I received a phone call directing me to a DOGGR website I used to use as a source for TIV's monthly production quantities.
ftp://ftp.consrv.ca.gov/pub/oil/monthly_production_reports/2008/
I have an email in to DOGGR requesting clarification on the discrepancy between the numbers shown there and the numbers shown on the Well Summation page for Tri-Valley:
http://opi.consrv.ca.gov/opi/opi.dll/Search?UsrP_ID=100090301&FormStack=Main%2COperator&Opr__ID=100000315&Action=Get+Sums+&PriorState=Encoded%3DTrue
Obviously if one looks at both it is easy to see the major difference is that the FTP site contains May production numbers for the Oxnard fields totaling 9696 bbls.
This supports some estimates made here a while back based on the 2Q08 10Q:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31399458
"that leaves 65,000 bbls equivalent of oil/gas to spread over May and June , with possibly most of THAT being in June"
9696 bbls from Oxnard in May would be an average of just over 300 BOPD during May.
My question is this:
If the PV wells' production is confidential , why is it showing up on one part of the DOGGR site?
In answer to a query to DOGGR about discrepancies between the numbers on their FTP and HTTP sites , the following answer was given with regards to the FTP site numbers:
"That’s estimated data. Better wait for the real thing on the OPI server."
So , as stated above , I have a followup email into DOGGR inquiring about the 9696 bbls showing on the FTP site , with the questions obviously having to do with accuracy , estimates , and why would any production numbers having to do with Confidential Wells show up anywhere on DOGGR's website.
Can't wait to hear the answer!
jonesie
France Tests USB Train 'Tickets' -- With RFID
Thursday, August 28, 2008
France's national train service (SNCF) is offering 1,000 USB TRAIN TICKETS in a trial. The tickets also contain a unique-ID RFID chip that provides wireless "easy pass" access to trains. By plugging the card into a PC USB port, the users' computers are automatically connected to the SNCF web site, where they can make payments and get schedules. Schedules can be downloaded to the card. The cards work like a debit card -- passengers buy some amount -- say, 100 Euros -- then the fare is deducted each time they ride. The cards also serve as photo ID, with passengers' pictures on the outside.
http://www.therawfeed.com/2008/08/france-tests-usb-train-tickets-with.html
Yep , a long way ....
.... but the PV wells are still 'C' , so we'll have to wait and 'see' ;)
Hey , revs were up substantially in 2Q as I recall , indicating the probability of some serious production increases going on.
I am seriously behind on the 'by well' numbers and I need to update the table in the iBox as soon as I can. May production was revised upwards substantially and that still doesn't include any PV wells.
There's one PV well showing , I might guess that is the vertical one that was supposed to produce the light crude? It's not showing any production , so I may be wrong as to what that well is about.
The other thing I noticed , and again I haven't looked at the 'by well' info in a while , is there are 39 'Vaca Tar Sand Units' at Oxnard.
A few show as plugged (4) , the rest show as 'Idle' , and some show no numbers while others show the steam/water injected.
Oh well , I'll get a round tuit before long!
jonesie
MONTHLY PRODUCTION REPORT | JUN 08
June production has been posted AND several changes to previous months' production. June and months which have been changed on the DOGGR website are bolded.
Oil production was corrected upwards in each case , and gas production was corrected downwards in all but Feb , which was corrected upwards.
I'll check the individual wells when I get a chance , perhaps TIV pulled some PV wells off Confidentiality status. I have no idea what would have caused the gas corrections. The original production numbers posted by DOGGR can be seen in the post replied to.
OIL
2008
Jun Oil: 2598 bbls
May Oil: 3749 bbls
Apr Oil: 2488 bbls
Mar Oil: 2239 bbls
Feb Oil: 2233 bbls
Jan Oil: 1854 bbls
2007
Dec Oil: 1877 bbls
Nov Oil: 2518 bbls
Oct Oil: 2237 bbls
Sep Oil: 2746 bbls
Aug Oil: 2693 bbls
Jul Oil: 2150 bbls
Jun Oil: 2129 bbls
May Oil: 2258 bbls
Apr Oil: 1839 bbls
Mar Oil: 1932 bbls
Feb Oil: 1429 bbls
Jan Oil: 2974 bbls
2006
Dec Oil: 1990 bbls
Nov Oil: 2134 bbls
Oct Oil: 2311 bbls
Sep Oil: 1484 bbls
GAS
2008
Jun Gas: 10,856 mcf
May Gas: 10,772 mcf
Apr Gas: 11,213 mcf
Mar Gas: 12,472 mcf
Feb Gas: 9297 mcf
Jan Gas: 11,298 mcf
2007
Dec Gas: 8852 mcf
Nov Gas: 5989 mcf
Oct Gas: 8519 mcf
Sep Gas: 8956 mcf
Aug Gas: 8374 mcf
Jul Gas: 8036 mcf
Jun Gas: 5963 mcf
May Gas: 8572 mcf
Apr Gas: 8548 mcf
Mar Gas: 8956 mcf
Feb Gas: 8963 mcf
Jan Gas: 8688 mcf
2006
Dec Gas: 8569 mcf
Nov Gas: 6445 mcf
Oct Gas: 13,223 mcf
Sep Gas: 12,403 mcf
http://opi.consrv.ca.gov/opi/opi.dll/Search?UsrP_ID=100090301&FormStack=Main%2COperator&Opr__ID=100000315&Action=Get+Sums+&PriorState=Encoded%3DTrue
I'll look at the breakdown by well later on and get the Board Info (iBox) section updated accordingly.
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
There was a 700K-share pre-market trade today
at .0045. Don't see those as often as we see the after hours trades.
fwiw
jonesie
If the scan is a jpeg ....
.... or can be saved as a jpeg, go here
http://investorshub.advfn.com/boards/image_upload.aspx
browse your drive for the jpeg and upload it, copy/paste the result into a post here.
jonesie
The WI well's info from DOGGR:
NOTICES TO DRILL, RE-WORK, ABANDON
1 notice to drill for Tri-Valley for week ending 8/23/08
This appears to be a water injection well.
Tri-Valley Oil & Gas Company
"Carneros" 480WI
030-37230
30
28S
21E
South Belridge
ftp://ftp.consrv.ca.gov/pub/oil/weekly_summary/2008/08-09-2008.pdf
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
That's how pump PRs ....
.... and the creation of expectations work .... gotta keep the share/money printing machine rolling along .... regime after regime.
"and please tell your readers, the next shareholder call is in August"
Safe Harbor Statement For Occasions When an Official Press Release and/or an Unofficial or Unwitting Press Tool is Used:
This comment contains forward-looking statements within the meaning of Caveat Emptor, Finders Keepers Losers Weepers and Futuo Te. With the exception of historical information contained herein which may or may not ever be proven to have actually been accurate , the matters discussed in this comment involve risk , uncertainties and we could be flat-out lying. Actual results will most likely differ materially from the pie-in-the-sky nonsense we regularly express while trying to keep a straight face.
jonesie
p.s. lol , I knew you'd catch the "During 2004 and 2005" time problem.
I don't see any other filings mentioning Mobedia ....
.... in that time frame other than the 10KSB you reference.
It has 5 exhibits , nothing about Mobedia in them.
The only other mention of Mobedia in filings seems to be in a 10K dated 4/3/2007:
"During 2004 and 2005, NeoMedia engaged key partners around the world to assist in the commercialization of the qode® family of products. During such time NeoMedia has partnered with affiliates and resellers, such as Big Gig Strategies (United Kingdom), Relyco and IT-Global (United States), Mobedia (Italy), AURA Digital Communications (Australia), E&I Marketing (Taiwan), Deusto Sistemas (Spain), and Jorge Christen and Partners LLP (Mexico)."
If anybody was paying anybody else , it doesn't seem to have been documented very well.
Big surprise , eh? ;)
jonesie
Today's Trades
Are those really $38 and <$4 trades moving the PPS around like that? Amazing. No , bizarre lol.
I think the early a.m. 2MM share trade was a buy per the way this table is supposed to work , it appears to have been right at the Ask.
jonesie
Well, I could be wrong ...
.... but I normally assume that the more recent the Resolution , the more relevant it is.
Mine is dated June 2008 , yours are dated in 2007.
But I don't really care , just noting what appears to be their most recent ruling. I'm sure Aztec has some advantages , I was taking a slight exception to you posting a link and implying that it said the IATA was 'moving towards' Aztec codes.
jonesie
"and the IATA seems to be moving in adoption of the Aztec Code as well:"
A couple of months ago the IATA seemed to be ambivalent regarding which type of code, which is good, at least they're not ruling out Aztec.
2.1.2 Electronic (Mobile) Boarding Pass
The Bar Codes presented here are 2-dimensional bar codes in Aztec, Datamatrix and QR code formats containing a structured data message (SDM). Airlines are free to choose one of the three presented Bar Code formats.
The Datamatrix message as defined in ISO/IEC 16022 contains fixed-length fields and variable-length data that can be used by airlines at their discretion.
The QR message as defined in ISO/IEC 18004 contains fixed-length fields and variable-length data that can be
used by airlines at their discretion.
The Aztec message as defined in ISO/IEC 24778
contains fixed-length fields and variable-length data that
can be used by airlines at their discretion.
Aztec, Datamatrix and QR permit flexibility in the size, readability, robustness and capacity of Bar Codes.
http://www.iata.org/NR/rdonlyres/2BD57802-6D96-4D9A-8501-5349C807C854/0/Resolution792June2008.pdf
That's a very cool link, thanks for posting.
Exactly , they can easily profit ....
.... in nearly any situation.
As long as they keep the machine running.
Lowest closing bid could be a tad lower than closing price , affording the converter a wee bit more maneuvering room. It's just the last bid at the time of the last trade, and that last trade could have hit the Ask, which would be higher than the closing bid.
Shoot , we've all seen how the bids and asks often pull back into a bigger spread on stocks immediately upon the close. Depending on how that game is played ... the lowest closing bid could be substantially lower than the last trade.
JMO
jonesie
lol , yes cloud3 , I know ....
.... but what the heck , might as well play with the charts or candlestick patterns as anything else , because the company sure isn't telling us anything ... are they?
Seems like YAGI would have sold higher ... and maybe they did , and sold lower too. When they convert , I think they can convert at a discount off some of the lowest prices going back quite a few days , so they could profit even at .0033?
You could be right ... I just thought it might have been somebody besides YAGI , throwing in the towel when even a little gain like today's couldn't be held.
So I'll just keep on keeping on , occasional chart , occasional candlestick , some tables , some math , some SEC filing analysis and tabulating for informational purposes ... and anyone else who wants to jump in with something at least loosely based on facts can certainly do so as well , or they can jump in with pie in the sky for that matter lol. :)
regards,
jonesieWaitingToSeeWhatTomorrowBrings
Last 45 Trades