Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Read why the Market is Corrupt
SEC's Donaldson out, Cox in: One Step Forward, Two Steps Back
By Mark Faulk
June 12, 2005
It's been less than two weeks since SEC Chairman William Donaldson
announced his resignation, and already, the opposing factions have begun
presenting their respective cases "for and against" Bush's choice to
replace Donaldson, Rep. Christopher Cox (R-Calif.).
Let's start with a recap of Donaldson's tenure as SEC Chairman.
Judging from the glowing reports that most publications have given Donaldson
for his two and a half year reign as head of the commission that
oversees our stock market, you would have thought that he died, instead of
resigning in the middle of the largest financial scandal in the history
of the market. Although he did in fact enact a number of reasonable
reforms that brought some degree of oversight to hedge funds and mutual
funds, we stand by our last <a
href=http://www.faulkingtruth.com/Articles/Investing101/1029.html>article</a>,
that said that "his failure to aggressively address naked short selling
is just that....a massive failure."
In response to Donaldson's promises to address the lack of short
interest disclosure on Pink Sheet and OTCBB stocks, we stated that:
"Adding Pink Sheet and OTCBB stocks to the SHO Threshold List, where
many major companies, including Delta Airlines, Martha Stewart Living,
Netflix, Taser, Global Crossing, and Krispy Kreme, have languished for
over 100 days without recourse, is a joke. Furthermore, Donaldson's
inability to adequately address questions about naked short selling from
Senator William Bennett and others during recent Congressional hearings
shows a lack of clear leadership on this important issue."
"As the head of the governing body of the stock market, had Chairman
Donaldson taken a strong stand on the issue early on, we wouldn't be
where we are now....so deeply entrenched in the scandal that it's nearly
impossible to correct it without major damage to the stock market
itself. He should have addressed this at least a year ago, if not earlier. It
is the very inaction of the SEC over the course of years that has
allowed this scandal to escalate to the point where they felt compelled to
'Grandfather' in past abuses in fear of throwing the market into chaos."
We stand by those statements, and feel that at best Donaldson has been
a mediocre SEC Chairman who enacted just enough reform to appease those
on the left, while ignoring massive fraud that has turned the stock
market into a cesspool of corruption and manipulative practices involving
massive counterfeiting of stocks, which flourishes to this very day,
unchecked and unfettered.
We also pointed out that this same inaction prompted Missouri Senator
James Talent to say in a memo about the issue of naked short selling,
"As far as I know, no one in the government was held accountable for
this failure.", and "In other words, firing a few people at the SEC will
light a fire under law enforcement more than hundreds of pages of new
regulations."
While I stand by my statement that Donaldson stepping down is a
positive move for those fighting the battle for stock market reform, I also
said that "As for Congressman Cox, we feel that he might very well be an
improvement over Donaldson, but only time will tell. While we don't
agree with his stands on many issues, his credentials as an advocate for
small businesses and against Government waste make him an intriguing
choice."
Now, after a week of reading every article, report, and opinion on Cox
that I could find (not one of which even mentioned naked short selling
or share counterfeiting, by the way), I'm going to do something that no
self-righteous politician would ever do: I'm going to admit that I was
wrong.
Read the rest at:
http://www.faulkingtruth.com/Articles/Investing101/1030.html
CC on share price
Look in the CC it was stated that management is very aware of the SP and that they are working on a plan to take care of it.
This whole stock market is driven by greed and corruption. The little guy you and I get shafted. If you do not know this do some reading and learn it now before you lose all your money. Sure some little investors make out at times but most lose.
SCMI stated they are working on a DVD, will be in the Black this year. If you believe in what the CC stated you stay, if not sell.
There is Naked Shorting going on with SCMI and SCMI has a plan to take care of it. That is why the SP is where it is and it is also true with other stocks as well that are being Shorted.
Revenue stehvestor
Ramp up in now on they expect to exceed expectations in the black fouth quarter.
The DVD Project is great news.
***********************************************************
Anyone get any difinitive answers. Seem like I only heard the last 1/2 hour and it was like the positive posters we have here.
Any answeers about revenue $$$$ that I may have missed.
It was from what I heard exactly as I thought a well scripted
feed them as much as they can swallow then flush.
How sad.... I did hear mvasn better watch out because we will have a trial disc for dvd 4th qtr. Not sure what year.
BMG is working out great in the ramp up.
Plan in place for share price we are very aware of events that affect the share price.
Technical Questions
DVD Protection continually working on and expect to have disc out in fourth quarter.Very inovative technology. Will talk about in near future.
Goals are conservative and the company feels it will exceed expectations.
Ramp up is now on.
Looking clearly ahead to Digital Space, have trackload protection which stops desimation of optical media.
Working on Joint partnership right now with someone for Kiosks to put in stores.
In very good spot on leading edge able to breech all challenges of aspects in music industry. Have good support from industrt leaders.
So Far on web cast
Will be in the Black in 4th quarter.
The 145 million cd's is on track.
Will get 99% of the USA Market and expand into Europe and Asia.
Language changes for CD's is now available overseas and here.
Working on Kiosks
Questions to SCMI Web Cast, Plese feel free to add
A lot of you have been here a lot longer that I have and know more about the Company than I do. If some of these Questions are irrelevant let me know.
> Question
> When will you implement your plan with the Company
> on
> naked shorting?
> Question
> Will you be retiring shares of the Company to lower
> the Outstanding Shares? What will be the new
Authorized shares when merged with mmxt?
> Question
> When is the Company goig to apply to be listed on
> another exchange?
> Do you see another merger or a reverse merger with a
> larger company happening?
> When do you expect to be cash flow positive?
> Question
> Who is your competition and what new ideas are you
> working on to gain market share?
> Question
> Do you prevent Piracey, are you working to get into
> other makets than CD.s to gain market share?
Question
Are you working on any new contracts within the USA,
outside the USA?
Question
Where do you see the Company in 3 months, 6 months and 1 year from now?
>
> Thank you,
> Wayne
>
berg yes I am
The charts will not move scmi. I have been here for 5 months. I know the frustration of holding a stock and waiting forever for the stock to move. I have tried using charts on penny stocks and I can tell you they do not work.
It seems to me that scmi is finally getting its act togeather as shown by today's PR. Also by your diligent work in posting what you find out about the CD's shows scmi is on its way.
News with proper PR,s, contracts, earnings and most of all the merger will move scmi.
As I stated the charts are not good for penny stocks.They only confuse you and scare investors into selling.
We are manipulated and have no control over this at present, until scmi implements their plan for the SHORTERS of scmi.
I appreciate you DD on scmi.
************************************************************
So your telling me news moves this stock. You must be new.
Screw the charts they are B/S on penny stocks
Two days ago posters said the charts look positive, the next day the same posters say the charts say sell. Don.t you guys get it, the charts are manipulated by the mm's and so is the stock.I know you mean well but it scares investors.
Below is part of the PR today which will move the stock. Positive news not charts.
I hope for all that read these posts understand that CHARTS do not work with penny stocks. The CHARTS are a tool for the mm's and they only confuse you and scare you into selling.
On other news, SunnComm's exclusive marketing partner, MediaMax Technology Corporation (OTCBB:MMXT) has previously announced merger plans between SunnComm International and MediaMax Technology Corp. The definitive merger agreement between the two companies is nearing completion and the company estimates that all due diligence will be completed on or before June 7th, 2005
**********************************************************
This weekly chart is what has me asking. It looks like the selling pressure has lightend. We reached a new low, but on light volume. The Stochastic lines are at the bottom looking to cross and rise. I think this could jump out easily.
http://stockcharts.com/def/servlet/SC.web?c=SCMI,uu[w,a]wacayyay[dd][pb9!b12!f][vc60][iut!Uh14,3!La1....
Geez man Charts mean nothing on Penny Stocks
On penny stocks, volume, earnings, and good management with PR's will move this stock.
Charts for penny stocks will only mess up investors and confuse them more.
Now for higher cap stocks charts are fine.
Not pink sheets or otcc.ob stocks.
They are manipulated period, when the mm's want it higher they bring the stock up, or in our case management is suppose to have a plan that will take care of the shorting in scmi.
As I stated before don't you think that the mm's see and use these charts and maybe manipulate the charts accordingly?
BB4 Board Where is scmi on this board?
I am a member of BB4 and do not see a SCMI Board. So where is SCMI posted on the BB4 Board? Is it under another name?
************************************************************
sahd3g, Do you have a link to this bb4 board?
TIA
AMX
From the PR, now this is good
"Creating better transparency between Company activity and our shareholders is the primary goal for these quarterly conferences," confirmed SunnComm's President, Peter Jacobs. "MediaMax is coming into its own this year and, as recently reported, new sales of CDs with MediaMax have begun to trend sharply upwards along with an associated increase in residual revenue resulting from the reorder process. MediaMax is preferred by more record labels and artists than any other technology in its market space. It should be a very exciting year for SunnComm!"
Charts are B/S on Penny Stocks
With the charting for penny stocks. You can not use charts on these penny stocks.
For one they are manipulated by the MM's as everyone one here agrees.
Now don't you think the mm's manipulate the charts to their agenda.
Of course they do.
This is a news stock and will move with news, earnings, a big investor buying and SCMI going to another exchange.
To use American Bulls or any other of these rigged sites is useless.
These sites are always a day late and another tool for all the mm's to use.
All these sites just confuse you more and by posting the B/S on charting for all these penny stocks confuses alot of investors here.
Buy the stock for its potential earnings with new products being delivered.
IPOD what I heard
I heard on a radio talk show yesterday that the future for listening to music on the radio is bleak. Music Radio Stations will be closing down in large numbers. The Trend with IPOD is supposivly going to take over in a Big way. Suppose to be Huge from what thr Talk Show Host said.
Which means an APPLE agreement with SCMI could be the beginning.
Warren Buffet
I just listened to Wareen Buffet on Lou Dobbs. In summary he is very concerned about Nuclear Weapons in our World Today. He states that these Weapons cannot get in the hands of the Rouge Nations or extremists. That we the USA along with other Countries have to make sure that this does not happen.
Also I was very happy to hear dispite the problems we have here that Mr Bufett thinks the USA Economy is the best in the World. As he put it do not sell short the USA. He stated that your children and their children will live a better life in the future than we do now.
This I find very comforting from a man of Mr Buffet's reputation. Sure things have to be done in regards to our economy. But this man knows what is really going on in the World.
I hope this puts some minds at ease as to where this Country is heading according to Mr Buffet. Do not bet against the USA. Should be great for the future new technology Companies.
Pink Sheets CEO Calls for Reform in OTC Stock Market
By Mark Faulk, The Faulking Truth
April 2, 2005
"I am writing to alert you of a very important rule change that is
needed to improve the marketplace in your company's stock. I need your
help
to make regulators turn on the lights and protect investors from the
menace
of hidden short selling in the OTC market.
And I hope that, after reading this letter, you will take the time
today
-- or as soon as you can -- to contact the SEC and voice your support
for
this needed rule change."
So begins an open letter from R. Cromwell Coulson, Chairman and CEO
of
the Pink Sheets, to OTC companies and shareholders, in which he joins
the
fight against corruption in the stock market by calling for OTC
companies
and their shareholders to petition the SEC and NASD to change short
selling
disclosure rules to include OTC and pink sheet stocks. He has asked
companies and investors to send an email or letter to the SEC and NASD
and
"voice your support to the SEC for the Pink Sheets' Request for
Rulemaking
Regarding Member Records of 'Short' Positions and Reporting and Public
Dissemination."
In the letter, which was issued today, Coulson says, "As Chairman &
CEO
of the Pink Sheets, I know perhaps better than anyone the importance of
improving the Pink Sheets and OTCBB trading. And I know the devastating
impact that small companies face when their market is tarnished by the
threat of manipulation.
You can read the rest of this article at:
http://www.faulkingtruth.com/Articles/Investing101/1025.html
To add your name to our "Stockgate Activist" list, email us at
info@faulkingtruth.com
"Few will have the greatness to bend history itself; but each of us can
work
to change a small portion of events, and in the total; of all those
acts
will be written the history of this generation." - Robert F. Kennedy
Mark Faulk
info@FaulkingTruth.com
www.FaulkingTruth.com
tdj Question on the SHM
First Thanks for the update on the SHM.
Now all I am reading is negativity here from other posters.
Since you were at the SHM what is your opinion since you left the meeting.
Did you find it negative ?
Did you find it positive?
Were you happy with the results of the SHM and what you learned?
It seems that even when good news comes out on SCMI posters are still negative. I do not understand this>
Whisper from PR
Section VI: Profiles of Physical Media Copy Protection Vendors
First 4 Internet
Macrovision
SunnComm
Honestly Now
I have only been here a short while. I understand shareholders frustration that have been here for years.
But is it not true that all things are coming togeather for this company.
When sirus started its run there was mention of different car dealer ships to include their product.
Ford was one, along with others.
Then Howard Stern was mentioned and low and behold he joined Sirrus.
Well this looks like all the makings of something very similar to what happen with Sirrus.
Exacly the same scenerio is taking place with SCMI and MMXT. Both SCMI and MMXT will be combined into a powerful force to be noticed.
Open your eyes.
The Shareholdes meeting will tell us alot.
This is interesting
MVSN and other Company ratings.
http://www.siliconvalley.com/mld/siliconvalley/business/special_packages/silicon_valley_150/11348863...
Remember this Post, RE-READ on Naked Shorting, Peter's ANS
Q: Let me first ask if any insiders are purchasing or selling shares of SCMI. If so who,when, and the reason for buying or selling.
Also if purchases are made are these shares purchased on the open market or are they options that are given out to the management..
Who do you use for financing? A Lot of companies that I have seen have equity agreements with lenders which dilutes the stock tremendously. It is referred to Toxic Financing. One such Company that does this type of financing is Cornell, Are you affiliated in any way with them.
How do you feel the Naked Shorting by the Market Makers has affected your Company and what do you plan on doing to counteract this shorting?
Thankyou,
Wayne (3/2/2005 5:48:10 PM)
A: Hello Wayne,
All good questions. First, even though SunnComm is not a reporting company yet, insiders selling stock must file in order to sell shares they received directly from the company. I´m not aware of any significant selling by insiders. There have been some debenture conversions from loans made to the company in the past few years. Without exception, these conversions were all at pre-agreed fixed rates, thus not of the "toxic" financing category.
SunnComm employees all share in the company´s option plans where most options are priced at 20 cents or higher. There are some exceptions of lower priced options for early employees, but the majority fit in the former category.
SunnComm´s position on Naked Shorting is that it is an illegal activity carried on by organized criminals who should be prosecuted and punished under Federal Rico Statutes. Naked shorting, along with its symptom, failed certificate deliveries, put more shares in the marketplace than are authorized and, by doing so, place continual downward pressure on the company´s share value.
Soon, SunnComm will begin its transition into a fully reporting, major exchange company and expects to soon be in a better position to deal with the possibility that counterfeit shares of its company are being traded. SunnComm has formulated a plan that enlists the help of some of the most knowledgeable people in the world on the subject of countering naked shorting and failed deliveries. We expect to actualize that plan as we head toward fully reporting status and a major exchange. The plan must be kept absolutely secret by its architect´s until the time is right.
With all this talk about illegal shorting, it´s important to mention at this juncture that the company´s #1 goal is, and always has been, the growth of its products and its revenue base. Naked shorting has always been a nuisance to the company, but, in the end, it will be the acceptance of our MediaMax product line and our expansion of products around the world that will make our company great.
Hope this answers a few question for you. Thanks for taking the time to ask.
Regards,
Peter
News MMXT
Copy-Controlled and Enhanced CDs by MediaMax Technology Pass Certification Testing with Ford, Lincoln and Mercury Car Stereo Manufacturers
via COMTEX
April 12, 2005
PHOENIX, Apr 12, 2005 (PRIMEZONE via COMTEX) --
MediaMax Technology Corporation (OTCBB:MMXT), the seller of MediaMax(tm), the most universally accepted and best selling enhancement and management technology for CDs in the U.S., is pleased to announce that it has undertaken a comprehensive worldwide certification process intended to demonstrate and publicize the outstanding playability and compatibility of the MediaMax copy management and enhancement suite of products.
MediaMax Technology Corp. has received the initial test results and certification from Orient Power Car Stereos Limited, the manufacturer of automotive stereos found in most Ford, Lincoln, and Mercury cars (http://www.orientpower.com). "We are pleased to be working with MediaMax Technology to certify playability on our Ford Motor Company branded radios. Their team has been very responsive and the results have all been positive," stated Ricky Yuan from Orient Power.
MediaMax Technology Corporation has an exclusive marketing agreement with SunnComm International, (Pink Sheets:SCMI) to sell MediaMax -- America's best selling audio CD copy management and enhancement technology. Both companies earn royalties for every disc manufactured containing its proprietary copy management and enhancement software.
Eric Vandewater, SunnComm's Chief Technology Officer added, "We are also providing various production and test CDs to Alpine Electronics GmbH in Germany, manufacturer of automotive stereos, navigation and mobile media equipment. In addition to their own Alpine-branded car stereos, they supply OEM CD changers to BMW and Daimler-Chrysler worldwide. Our certification process provides access to major manufacturers of end-user CD playback equipment and is designed to insure that MediaMax CDs continue to maintain exceptional compatibility and playability across the board in virtually every machine that plays an audio CD."
According to William Whitmore, MediaMax Technology's President, "The successful completion of this first phase of certification testing with Orient Power takes us one step closer toward becoming the recognized world standard in CD copy control and enhancement technology."
ABOUT MEDIAMAX TECHNOLOGY CORPORATION
MediaMax Technology Corporation (OTCBB:MMXT), formerly QuietTiger, Inc. (OTCBB:QTIG) with its international reach, implements the delivery of digital content security products for the music and entertainment industry. With established long-term industry contacts throughout the world, the company understands the challenges surrounding digital content management and protection. The MediaMax Technology team of professionals has spent more than 50 years in the music and movie industry. MediaMax Technology (www.mediamaxtechnology.com) is the exclusive sales and marketing arm for SunnComm's MediaMax suite of products.
For additional information about the company, its vision, philosophy, partners, and customers, please visit the Company's Web site at www.mediamaxtech.com or contact:
Company Contact: Investor contact: William H. Whitmore, Jr. Investor Relations (602) 267-3800 (602) 231-0681 bill@mediamaxtechnology.com press@mediamaxtechnology.com
ABOUT SUNNCOMM
In just five years, SunnComm International Inc. (Pink Sheets:SCMI) has become the leader in digital content enhancement and security technology for audio compact disc media. 2004 was a year of milestones for SunnComm including Anthony Hamilton's "MediaMax'd" CD "Comin' From Where I'm From" achieving platinum status and Velvet Revolver's "Contraband" CD reaching the #1 spot on Billboard's Top 200 Album Chart becoming the world's first number one CD to include content management. "Contraband" also achieved double-platinum status by selling more than 2 million units. Additionally, SunnComm's technology appeared on many other best-selling albums in 2004, some of which have gone gold. The year ended with MediaMax implemented on more than 75 commercially released CD titles across 25 record labels generating over 10 million CDs, making it the U.S. market leader in copy control and enhancement technology.
MediaMax is mastered directly on the audio CD and is accessible using a personal computer. SunnComm was the first company to commercially release a content-protected audio CD utilizing an early version of the Microsoft Windows Media Data Session Toolkit, and was the first company in America to commercially release a copy-managed audio CD (www.microsoft.com/presspass/press/2003/jan03/01-20SessionToolkitPR.asp). Bonus features include on-board press kits, artist-related promotions, videos, song lyrics, artist bio page, photo gallery, web links and tune-sharing capability through SunnComm's MusicMail(tm) functionality. For more detailed information about the company, its vision or philosophy, personnel, partners, and customers, please visit the company's Web site at www.sunncomm.com, or call the Company directly at (602) 267-7500. For additional information or investor relations please contact:
Company contact: Investor contact: Peter H. Jacobs Investor Relations (602) 267-7500 (602) 231-0681 peter@sunncomm.com press@sunncomm.com
MediaMax CD3, MediaMax Technology, On-the-Fly Technology, PromoPlay, TuneShare, MusicMail, Secure Burn and SunnComm are registered and/or trademarks of SunnComm International, Inc., in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
SOURCE: MediaMax Technology Corporation
This news release contains predictions, projections and other statements about the future that are intended to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of l995 (collectively, "forward-looking statements"). Forward-looking statements relate to various aspects of the Company's operations and strategies, including but not limited to the effects of having experienced significant losses in the past and the risk that the Company may incur losses in the future; the Company's limited liquidity and significant indebtedness; its sales forecasts for future periods not being attained and the risk that the Company will not conclude additional revenue-generating license agreements covering its content protection and enhancement technologies; the Company's marketing, product development, acquisition investments, licensing and other strategies not being successful; possible future issuances of debt or equity securities; the possible incurrence of significant patent litigation expenses or adverse legal determinations that find our patents not to be valid; new business development and industry trends; the possible need to raise additional capital in order to meet the Company's obligations and most other statements that are not historical in nature. Important factors that could cause actual results to differ materially from those described in the forward-looking statements are described in cautionary statements included in this news release. In assessing forward-looking statements, readers are urged to consider carefully these cautionary statements. Forward-looking statements speak only as of the date of this news release, and the Company disclaims any obligations to update such statements.
(C) 2005 PRIMEZONE, All rights reserved.
Print story
Current Quote
OBB: QTIG
Last: 0.105
Change: N/A
Volume: N/A
Day High: N/A
Day Low: N/A
First Alert News
Get real-time QTIG release alerts by entering your email address below.
DateLine Article Read
http://www.faulkingtruth.com/Articles/BlogFest/1034.html
America to Dateline: Tell the Truth Now!
By Mark Faulk
It's time to put the pressure on. I've had a number of emails from
our
activists suggesting ways to voice our displeasure with GE, Dateline,
and
NBC over the postponement of the Stockgate segment originally scheduled
for
this Sunday, April 10, and then cancelled by the "powers that be".
Judging
from producer Sharon Hoffman's statement to Dave Patch that the
"revised
schedule is in the hands of her superiors", I firmly believe that this
is a
corporate decision. This is politics as usual, plain and simple.
This clearly doesn't have a thing to do with the death of the Pope,
Terry Schiavo, or Prince Ranier, in my opinion, and the fact that they
would
use the deaths of three individuals as an excuse for failing to do
their
moral duty is reprehensible. If it WAS about the so-called "very busy
news
cycle" of the past week, then why air a fluff piece instead of a hard
news
story with international repercussions?
According to the synopsis of their ten-year anniversary show "A
Decade
of Dateline", the reason Dateline has been so successful is because
"Dateline's format gives it the flexibility to air hour-long interviews
and
in-depth examinations of individual subjects, multi-part investigations
and
follow-ups that stretch over weeks or months". This is exactly what I
suggested to them last June: run the story, and then give us
"multi-part
investigations and follow-ups that stretch over weeks or months". Now,
I'd
be happy if they would just give us the truth!
This is a four-tiered attack on GE, Dateline, and NBC:
1) Bombard all three entities with emails voicing your opinion
(and
flood NBC with phone calls at 212-664-4444, ask to be connected to
Dateline), put it in YOUR WORDS, but feel free to include links to any
of
our articles. I have no problem with taking the heat from wherever it
might
come. Let them know that you will boycott NBC, Dateline, AND General
Electric if they do not respond to our concerns and re-schedule the
cancelled Dateline Stockgate segment immediately!
Here are people who need to know how they've abandoned Americans
everywhere:
Dateline@NBC.com
Bob.Wright@nbc.com
Kathy.Bayer@nbc.com
Jay.ireland@nbc.com
Anna.Perez@nbc.com
Sonia.Small@nbc.com
Randy.Falco@nbc.com
Jeff.Zucker@nbc.com
Jeffrey.Immelt@corporate.ge.com
Kathleen.Lorenz@corporate.ge.com
Sharon.Hoffman@nbc.com
2) Post this information EVERYWHERE, on stock message boards,
chat
rooms, emailouts, and always add: PASS IT ON! There is power in the
internet, it's time to use it.
3) Boycott Dateline NOW, until they re-schedule the Stockgate
segment!
4) Flood your local NBC affiliates with phone calls and emails as
soon as
Dateline begins on Sunday at 7 pm ET, ridiculing them for airing a
fluff
interview with American Idol instead of a news story about the
financial
terrorism of tens of millions of people.
They have dropped the ball on this one, and it's time to make them
pay.
Time to get busy, and let them know who they truly represent. And
that's the
Faulking Truth. PASS IT ON!
_
"Time to Boycott GE, Dateline, and NBC?"
"Time to Boycott GE, Dateline, and NBC?"
By Mark Faulk, The Faulking Truth
April 6, 2005
Think back with me for a second to the good old days, when news was
news, and entertainment was relegated to....well....the entertainment
programs. As the line between news and entertainment becomes
increasingly
blurry, and as news itself is influenced by politics and special
interest
groups, and as even the news agencies and networks are slowly but
surely
absorbed by Corporate America, it has become increasingly difficult to
rely
on the major networks to tell us the truth.
Never has this been better illustrated than with the NBC Stockgate
story. Heralded as a story that could "blow the roof off of the
Stockgate
scandal", The Faulking Truth first broke the story of Dateline's
postponement of the segment in June of last year, after discovering
that it
had already been postponed from it's original date of January or
February.
Um, that's January or February of 2004, not 2005. At the time, we were
assured by reliable sources that the show would air "sometime in
August". We
chastised Dateline for airing fluff piece after fluff piece, while
sitting
on the story that has been called "the biggest financial scandal in the
history of the world, with incurred losses estimated by some experts at
well
over $1 trillion dollars".
Read the rest of this article at:
http://www.faulkingtruth.com/Articles/CommentaryToo/1028.html
Read "Dateline Stockgate Update: POSTPONED YET AGAIN!" at:
http://www.faulkingtruth.com/Articles/Investing101/1023.html
To add your name to our "Stockgate Activist" list, email us at
info@faulkingtruth.com
Mark Faulk
info@FaulkingTruth.com
www.FaulkingTruth.com
Dateline Stockgate Update: POSTPONED YET AGAIN!
By Mark Faulk, The Faulking Truth
March 6, 2005
It's official: Representatives at Dateline have confirmed that the
Stockgate segment originally scheduled for Sunday, April 10th, at 7 pm
ET,
HAS BEEN POSTPONED. According to Dateline, the segment will definitely
still
air, but that because of scheduling conflicts that have arisen due to
the
death of the Pope, the Stockgate segment schedule has been pushed back.
A
Dateline official confirmed that special segments that aired at the
time of
the Pope's death has caused a "major reshuffling of the entire Dateline
schedule". They have not yet announced a new air date for the show.
Instead, according to the Dateline website, they will air a segment
in
which "NBC's Al Roker sits down with 'American Idol' star Ruben
Studdard to
discuss his latest gospel album and how his life has changed since
beating
Clay Aiken on the second season of 'American Idol.'"
Read the entire story at:
http://www.faulkingtruth.com/Articles/Investing101/1023.html
To add your name to our "Stockgate Activist" list, email us at
info@faulkingtruth.com
"Few will have the greatness to bend history itself; but each of us can
work
to change a small portion of events, and in the total; of all those
acts
will be written the history of this generation." - Robert F. Kennedy
Mark Faulk
info@FaulkingTruth.com
www.FaulkingTruth.com
Delete Reply Forward Spam Move...
Previous / Next / Back to Messages
Question on different Exchange
I hope we are not for moving to the OTC.OB Exchange
It is as crooked as the Pink Sheets. Does anyone know what exchanges are being looked at by SCMI and MMXT. Amex, Nasdaq? If it is the Amex or Nasdaq Will they have enough to Qualify for listing on the Amex or Nasdaq.
Thanks
***********************************************************
Those .13 QTIG shares are not looking as attractive any more. MMXT last at .085 with .085 bid.
The market moves on emotion. Fear and greed pushes them too high, then too low. The 50 dma on SCMI and MMXT are both at roughly the same levels.... just above .07.
Given all the positive developments with MediaMax already out...and those expected....both stocks should be trading at a healthy premium to the 50 dma, and if both stocks were on the otcbb...they probably would be within 2/10's of a penny of each other.
The proxy comes out about the same time as the NBC Stockgate story....the Trillion Dollar "Scandal". Interesting timing.
As crappy as the market has been, SCMI has been holding up extremely well for a stock trading like a "hairball". :~)_
To much what if's
It seems that the PR below is what everyone has been waiting for.
Getting off the Pinks is the first step for the Company to advance.
The Long awaited Merger is about to become reality.
All your Questions will be answered at the shareholders meeting in a few weeks.
The Shareholders meeting was pushed up for reasons which I think are Positive.
You can Guess all you want and beat your brains to death but in reality it is out of our hands and the story will be told at the Shareholders meeting.
***********************************************************
MediaMax Technology Corporation Signs Letter of Intent to Merge with SunnComm International, Inc.
The proposed basis for the common stock exchange ratio will be 1:1
PHOENIX, AZ — March 31, 2005 — MediaMax Technology Corporation, formerly QuietTiger Inc. (OTCBB: QTIG), a leading optical media technology marketing company, is pleased to announce today that it has executed a non-binding Letter of Intent with SunnComm International, Inc. (OTC: SCMI) regarding a proposed merger of the companies.
MediaMax Technology Corporation has an exclusive marketing agreement with SunnComm to sell MediaMax - America’s best selling audio CD copy management and enhancement technology. Both companies earn royalties for every disc sold containing the proprietary software.
If the parties, after due diligence and other review, determine to go forward, MediaMax Technology anticipates entering into a definitive merger agreement on or before May 31, 2005. If the merger is completed, the companies currently anticipate an exchange of all outstanding common stock of SunnComm for shares of MediaMax Technology common stock on a one-for-one (1:1) basis. The definitive agreement will provide for the parties to file a registration statement on Form S-4 with the Securities and Exchange Commission in order to register the shares of common stock to be issued pursuant to the agreement. The registration statement will include a joint proxy statement and prospectus to be sent to the stockholders of both organizations in connection with a meeting of the stockholders of each company to consider the transaction.
Further discussions or decisions regarding the proposed merger are subject to various conditions, including further due diligence review and analysis, receipt of a satisfactory independent fairness opinion, the necessary audits of SunnComm and a condition that SunnComm refrains from distributing any of its assets to its shareholders until the merger is completed.
ABOUT MEDIAMAX TECHNOLOGY CORPORATION
MediaMax Technology Corporation, formerly QuietTiger, Inc. (OTCBB: QTIG) with its international reach, implements the delivery of digital content security products for the music and entertainment industry. With established long-term industry contacts throughout the world, the company understands the challenges surrounding digital content management and protection. The MediaMax Technology team of professionals has spent more than 50 years in the music and movie industry. MediaMax Technology (www.mediamaxtech.com) is the exclusive sales and marketing arm for SunnComm’s MediaMax suite of products.
For additional information about the company, its vision, philosophy, partners, and customers, please visit the Company’s Web site at www.mediamaxtech.com or contact:
Company Contact:
William H. Whitmore, Jr.
602-267-3800
bill@quiettiger.com
Investor contact:
Investor Relations
602-231-0681
press@quiettiger.com
ABOUT SUNNCOMM
In just five years, SunnComm International Inc. (OTC: SCMI) has become the leader in digital content enhancement and security technology for audio compact disc media. 2004 was a year of milestones for SunnComm including Anthony Hamilton’s “MediaMax’d” CD “Comin’ From Where I’m From” achieving platinum status and Velvet Revolver’s “Contraband” CD reaching the #1 spot on Billboard´s Top 200 Album Chart becoming the world’s first number one CD to include content management. “Contraband” also achieved double-platinum status by selling more than 2 million units. Additionally, SunnComm’s technology appeared on many other best-selling albums in 2004, some of which have gone gold. The year ended with MediaMax implemented on more than 75 commercially released CD titles across 25 record labels generating over 10 million CDs, making it the U.S. market leader in copy control and enhancement technology.
MediaMax is mastered directly on the audio CD and is accessible using a personal computer. SunnComm was the first company to commercially release a content-protected audio CD utilizing an early version of the Microsoft Windows Media Data Session Toolkit, and was the first company in America to commercially release a copy-managed audio CD
(www.microsoft.com/presspass/press/2003/jan03/01-20SessionToolkitPR.asp). Bonus features include on-board press kits, artist-related promotions, videos, song lyrics, artist bio page, photo gallery, web links and tune-sharing capability through SunnComm’s MusicMail™ functionality. For more detailed information about the company, its vision or philosophy, personnel, partners, and customers, please visit the company´s Web site at www.sunncomm.com, or call the Company directly at (602) 267-7500. For additional information or investor relations please contact:
Company contact:
Peter H. Jacobs
602-267-7500
peter@sunncomm.com
Investor contact:
Investor Relations
602-231-0681
press@sunncomm.com
MediaMax CD3,
Marsha Now I understand.
I just saw my e-mail posted by Jarvis and I could not for the life of me figure out how Jarvis new of my e-mail.
As I stated I did not want to post it because of past bad expeirences I had when I did such on other Boards.
So as I found out it was posted on Ask Sunn under Questions. Great, I think this is "great" no secrets as you stated. Now I understand. This is the first time I have ever seen this and I like it. I like this Board.
Wayne
********************************************
Same53, we do share what we have learned from management. Anything that is sent to you is not private. Please feel free to post your questions and answers. You may have been told something someone in here is not aware of. We are all in this investment to prosper. Yes, we respect Peter for attention he has given his shareholders. This is a very difficult time and we all hold him up at this time. Again we extend our sympathies to Peter. There is no one in this world that can replace our mothers. I hope each and everyone of you remember to tell your mothers how much you love them, while we still have the chance. Be safe and good investing to all.
**********************************************
Questios asked Mr Jacobs
Q: Let me first ask if any insiders are purchasing or selling shares of SCMI. If so who,when, and the reason for buying or selling.
Also if purchases are made are these shares purchased on the open market or are they options that are given out to the management..
Who do you use for financing? A Lot of companies that I have seen have equity agreements with lenders which dilutes the stock tremendously. It is referred to Toxic Financing. One such Company that does this type of financing is Cornell, Are you affiliated in any way with them.
How do you feel the Naked Shorting by the Market Makers has affected your Company and what do you plan on doing to counteract this shorting?
Thankyou,
Wayne Mercier (3/2/2005 5:48:10 PM)
*********
Answers from mr Jacobs
A: Hello Wayne,
All good questions. First, even though SunnComm is not a reporting company yet, insiders selling stock must file in order to sell shares they received directly from the company. I´m not aware of any significant selling by insiders. There have been some debenture conversions from loans made to the company in the past few years. Without exception, these conversions were all at pre-agreed fixed rates, thus not of the "toxic" financing category.
SunnComm employees all share in the company´s option plans where most options are priced at 20 cents or higher. There are some exceptions of lower priced options for early employees, but the majority fit in the former category.
SunnComm´s position on Naked Shorting is that it is an illegal activity carried on by organized criminals who should be prosecuted and punished under Federal Rico Statutes. Naked shorting, along with its symptom, failed certificate deliveries, put more shares in the marketplace than are authorized and, by doing so, place continual downward pressure on the company´s share value.
Soon, SunnComm will begin its transition into a fully reporting, major exchange company and expects to soon be in a better position to deal with the possibility that counterfeit shares of its company are being traded. SunnComm has formulated a plan that enlists the help of some of the most knowledgeable people in the world on the subject of countering naked shorting and failed deliveries. We expect to actualize that plan as we head toward fully reporting status and a major exchange. The plan must be kept absolutely secret by its architect´s until the time is right.
With all this talk about illegal shorting, it´s important to mention at this juncture that the company´s #1 goal is, and always has been, the growth of its products and its revenue base. Naked shorting has always been a nuisance to the company, but, in the end, it will be the acceptance of our MediaMax product line and our expansion of products around the world that will make our company great.
Hope this answers a few question for you. Thanks for taking the time to ask.
Regards,
Peter
I am new here
Have seen some posters here on the BB4 group. I bought SCMI Friday after watching SCMI for around one year.
Around a week ago I e-mailed some Questions to SCMI management.
I received a reply back from Mr Peter Jacobs. After reading what has transpired with Mr Jacobs I find it very moving that Mr Jacobs took the time to answer my Questions about SCMI.
This is a Classey Guy in my opinion.
The answers I received were very favorable. I do not want to post the e-mail because of past bad expeirances when I previously did such.
What I can say is that management has a plan in effect to take care of the naked shorting that has devestated SCMI. This will be very positive for us SCMI shareholders.
I also found out that SCMI does not use any form of Toxic Financing. This is a big relief. I have been involved with Companies that for instance use equity financing that dilutes the stock to no end. Cornell is famous for this. When you see Cornell involved in a Company be careful. Usually means dilution big time.
Anyways Good luck to all of us.
MOBL Profile
Management
Advisory Board
Board of Directors
• "With the migration to 3G services, the mobile phone industry will accomplish what local telephone companies promised 30 years ago but never delivered: ubiquitous and affordable high-speed data services."
-Network World, February 2002
• UBS Warburg predicts that by 2005, the total U.S. revenue from all voice and data services will be $119 billion. -Wireless Services Model Book, December 2001.
Company Description
MobilePro is an emerging company creating scalable and global wireless technologies and applications. The company has expertise in wireless components technology and intends to leverage that expertise into delivering wireless applications and systems solutions for the global enterprise markets.
The company expects to realize early revenue from reseller activity in the multi-billion dollar wireless market. Industry experts are forecasting an explosive use of wireless Wi- Fi applications over the next decade with users expanding from 23,700 in 2002 to 609,200 in 2004 and exponential growth beyond that. The company is positioning itself to become a profitable participant in this space.
The company is initially offering an application that gives IT personnel the ability to perform remote troubleshooting on IT networks and systems from remote devices such as laptops, PDAs or cell phones.
The company has aligned itself into three operating units. The company's MobilePro Applications and Services Division is leading the company's effort to develop new Wireless Data Network Exchange Service(SM) products for wireless data applications and operational support services such as wireless network monitoring and testing. In addition the division provides a full complement of Internet Services including connectivity, hosting, voice over IP, and Internet security in the United States. Internationally, the division provides wireless products and services through strategic alliances.
The company's MobilePro Systems Division intends to provide specialized radio frequency design services for turnkey wireless systems, wireless telemetry systems, solutions that bridge wireless local area networks ("WLAN") and 3G and other wireless web systems.
The company's NeoReach Division intends to develop advanced 3G chip technology including 3G modem semiconductor chip sets for hand set telephones, pico-cell base stations, smart antenna technology and advanced radio frequency semiconductors. The company is developing advanced modem solutions for both base stations and handsets to capitalize on the third generation - 3G - telecom industry. Industry estimates that the global 3G base station market will exceed $56 billion annually.
MobilePro has invested more than $3 million to date to develop technologies for "air chips" - wireless communication semiconductor chips for the next generation networks. Gartner Dataquest estimates that MobilePro's target application services market - vertical and horizontal wireless business data applications - will be $8 billion by 2005, growing at 40% per year.
The company has an experienced management team with a proven track record in building and managing both early stage and mature organizations.