You could be # 8!!!!

Sometimes it seems that way.

Which part? The 7 people part or the all out of money part?

I guess I better state that I was kidding.

Sidney, there are only about 7 people that trade COPI and we are all out of money. :)

Good point, lmialover. The bad apples of telemarketing are what created a business for COPI by making a DNC list necessary. COPI is the cure for the bad apples and they should be proud of it.

I agree. So, it looks like only news that COPI deems as news-worthy will be PR'd. News of material events would not be considered pumping.

They need to be able to distinguish between keeping investors informed and pumping.

COPI put the AireSpring PR on their website, maybe they decided it would be redundant to PR it again since AireSpring did it for them.

http://www.callcompliance.com/media/2007/PR11_15_07.html

I don't buy the "silent period" conclusion, either. My happy place fantasy of their strategy is that they are expecting the carriers and distributors/partners to carry the marketing/PR ball. If that is the case, most ads/info will be aimed at potential customers, not potential COPI investors. The investors will come as collateral damage.

IMO

Big boards are way up so far today. Maybe there will be some profit-taking there later and move into pennies.

I hope, I hope.

fivestar.. I could make you all very rich by bailing now. That would guarantee a move to .10 within 2 days, based on my past performance.

Monkish, great summary of the sentiments some have expressed.

Same on Schwab. .0085 x .01 Last trade at 11:47.

Great comic relief. We didn't solve anything but at least we got to vent some.

Like Fred, Superchicken's sidekick...
"We knew the job was dangerous when we took it"

It's deja vu all over again! LOL.

Who knows what they are up to? I am just glad I didn't buy COPI while it was over $1.00 or I'd really be pissed. Looking forward to the next 10Q on 2/14/2008. If anything comes out before then it will be a bonus.

That's nice. Why will he talk to CH and not the others here that say they have tried to get in contact? The discussion here right now is about people getting no response, not the share price. You and I are in agreement that they are not interested in the share price.

Apparently.

Well then, let's save some more payroll money and get rid of IR personnel.

Agreed, no big selling... and no big buying.

Did you guys try investor relations? Seems like they would at least reply to you.

investors@callcompliance.com

Your guess is as good as mine.

I was wondering if I was the only one getting impatient. If COPI stock was a social function, it would be cancelled due to lack of interest.

I was disappointed to see the missed opportunity for massive free publicity when the FTC handed out those fines to telemarketers for violating DNC rules. The only conclusion I can reach is that COPI management is not really interested in the share price. I'd like to see them prove me wrong.

Here's to hoping that our dead money comes back to life soon.

In case anyone is curious about the cost of obtaining the DNC data from the national registry...

Paying for Access
How much does it cost to access the Registry?
Data for up to five area codes will be available for free. Beyond that, there is an annual fee of $62 per area code of data, with a maximum annual fee of $17,050 for the entire U.S. database.

I would assume that COPI pays the max annual fee.

The whole document explaining DNC rules and data access is at
http://www.ftc.gov/bcp/conline/pubs/buspubs/tsrcomp.shtm

Teleblock can do for carriers what OnStar has done for cars.

If you are buying a new car and you can get comparable cars at comparable prices but one has OnStar and the other doesn't, which would you choose?

If you are a (legit) telemarketer, which carrier are you going to use, one with Teleblock or one without?

It looks like carriers may be jumping on the recent FTC fines as an opportunity to get compliant at their level and then use that capability to sell to end users. Hopefully COPI is setting up carriers at low or no cost to help get the revenue machine in place.

Carriers are going to start using Teleblock as a major marketing tool. Once a carrier is set up with Teleblock, it is available to all of that carrier's customers.

IMO

You're welcome bornlong. Any carrier that wants to have telemarketing traffic should have Teleblock installed.

I'm bushed. Out of here until tomorrow.

bornlong.. This is from the 10Q, hopefully it answers some of your questions.

Revenue Recognition

We earn a fee for each telephone solicitor’s call attempt (whether or not the call is completed) which generates a query to a data base of Do-Not-Call telephone numbers. We establish the price for this service. Through our principal subsidiary, we have an annually renewable contract with our data base distributor to perform the following functions. (1) Provide connectivity to the telephone companies and access database information from the database that we manage, update and maintain, as required to operate the telephone call processing platform. This platform is where the telephone call queries are routed from the telemarketers over various telephone carrier networks. (2) Contract with telephone carriers to sell our TeleBlock® service to their end users. (3) Provide billing and collection services.

As compensation for these services, we pay the distributor contractually determined amounts on a per query basis. The distributor submits monthly remittances together with the related monthly activity reports. We have a contractual right to audit such reports. Revenue is accrued based upon the remittances and reports submitted. We routinely audit the monthly call counts submitted to us. Any adjustments to revenue resulting from these audits are recorded when earned if significant. Historically, these adjustments have not been significant. In the event that such adjustments do become material in the future, it is possible that, at times, we may have to revise previously reported interim results. The telephone carriers in turn sell the TeleBlock® service to their customers. The carriers bill their customers for TeleBlock® and assume all credit risk with regard to their customers. We have no credit risk with respect to the end-users.

What's nice is that the central backend system is in place and new carriers can be added by a simple interface between the carrier and the DB at Verisign. There must also be some software at the carrier to determine if a placed call is coming from a telemarketer, to keep calls placed by "normal" people from being played against the Teleblock system.

Once those components are in place, the carrier is ready to go.

Very simple concept that should be appealing to carriers.

IMO

I did not realize that, according to the diagram on the website, all calls flow through VRSN's DB paltform, regardless of the carrier. That explains why VRSN accounts for the high % of revenue. I think I have seen that diagram before, but it didn't sink in. I thought it was more of a distributed system.

I come from an application development background and this is a sweet deal. All COPI has to do is keep the DB updated and maintain/enhance the Teleblock application while VRSN hosts the core system.

If this is profitable for VRSN, they would be nutty to let it go, IMO.

Tryz... Thanks, that answers some infrastructure questions. I'm just starting to look at it but this is interesting...

5. The TeleBlock® database resides on VeriSign®’s redundantly located Advanced Transaction Look-Up And Signaling (ATLAS™) system, “Do-Not-Call Platform”, which is accessible via both SS7 and IP technologies. SS7 versus IP type query depends on the participating telephone carrier’s network structure.

Makes VRSN more than just a distributor, IMO.

Thanks for the advice, but it doesn't answer the question about existing accounts. It may be silly to worry about it, but it would also be foolish to ignore the risk of having one source account for 87% of revenue.

I would like to know if it would really be that big of a deal to EXISTING accounts if VRSN did back out.

Probably nobody on this board can answer the question, so I'll drop it.

BTW, I think global warming will cure the flu, so I'm not worried about either one. :)

Carrying on now.

I don't know what the exact agreement is for accounts Verisign has set up with Teleblock, but it seems that even if VRSN decided to quit being a distributor, the accounts already in place would keep generating revenue for VRSN and COPI.

Could possibly even result in COPI taking over full control of those accounts and keeping even more of the revenue.

I'd be interested in hearing more from anyone that may know what the arrangement is on these existing accounts. Once the account is signed up, what is VRSN's involvement?

Agreed. I thought there would be support at .012, especially since I had sold some the day before at .012 in case the Q didn't hit today. At least I bought some back at .01 today, although I'd rather have had it go to .02 or so.

This one is going to take patience, which is not my strong suit.

This is my last post today (used them all up). Maybe tomorrow will be a little less dramatic.

Cargo.. What I thought was strange about it was that it came during the frenzy up to .015, while we were getting multiple trades/minute. I don't have data for all the trades today, but after that relative lull is when it started heading south.

It probably just marked the end of "heavy" trading back to "normal" but may have been a good clue that the "run" was over for the time being.

Seabiscuit... I agree that we probably got shorted some during the day, especially since (according to the OTC Short Interest info) there were none to start the day. Of course, there could have been shorting between that report date and yesterday.

There was also a strange lull of about 10 minutes starting at 10:23 that had me worried, considering the pace up to that point. Not sure what that signified.

The trend is still up.

After a day like today, this is what I need to hear...

If I would have bailed at .015, it would have went to .04 today.

Congrats to anyone who played it to the max (out at .015 and back in at .009). Still good for long term.

Not having any shorts that needed to cover probably kept it from popping higher.

I suspect some of the big holders couldn't resist taking some profits this morning.

Chartinator.. Sorry, wasn't blaming you for anything. I was going by the table on the Wealth Univ. page that shows how to make a million 3% at a time. You may not be the only one from there to trade here today, though. Even if you did flip, I wouldn't blame you because the point is to make money.

bedwards.. I know what you mean
I usually find one that I sell after making 2x or 3x, then watch it go to 10x. If I try to be cute and hold after hitting 2x, it tanks.

Why do you think I picked MrLucky as my ID?

Hang in there, like I'm going to try to do.

You knew the Wealth Univ. guys would flip, they are happy with 3% per trade.