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I am with you in Vegas Chuck and Billy! Let's get through next week.... This is going to be fun!
Thanks MC. You are actually doing a great job. You are pretty much in an impossible situation having to mod this board.
All in all... things are just fine. When a stock is this slow (for about 3 weeks), I suppose everybody has a little fun being scrappy.
Then you should have deleted half of the posts from yesterday. I guess it is ok to bash the people who are working towards being positive and providing DD.
I just got off the phone with IR.
I spoke with Paul. I said that I noticed that Roadwings is listed as a client on their website and asked him if this is correct.
Paul said, "We are right in the middle of renegotiating a new contract, and as soon as the details are finalized, he is expecting the company (RDWG) to put out news."
I don't know Billy... Just posting what I find out based on my own DD. I guess that automatically throws me onto one side or the other.
GLTA
Unfortunately I don't know who that guy is. Could be Chet... Could not be. After having several conversations with him, that is not what I pictured him to look like. What do I know?
Hi Martin, I clarified this on post 11250. I don't know Billy or where he has received his information.
Chet said that OneFi and Roadwing are planning on meeting in about two weeks to review options. This is what he said. As I explained, I am just putting 2 and 2 together and assuming that this means that Travis has two weeks left.
FYI....See pics below.
xxxxxxxxxxx> wrote: From: "xxxxxxxx" <xxxxxxxx@villapark.org>
To: <xxxxxxxxxx@yahoo.com>
Subject: OneFi in Villa Park - Part II
Date: Fri, 29 Aug 2008 16:34:10 -0700
xxxxxxx,
The OneFi folks were here today and installed the wifi/wimax antenna. I picture of the guy doing it on the roof and after picture of the antenna with the one node on are attached. I've tested the wifi by walking driving around the Towne Centre and it is fully covered by the network. The owner of the local coffee shop was very excited. At this time it is considered beta testing and we will offer it free, but we are also working on a plan to roll out a distributed antenna system to the whole city and offer the wireless which would have revenue potential. If you have any more questions, please let me know.
xxxxx
xxxxxxxxxxx
City Manager, City of Villa Park
(714) 998-1500 fax (714) 998-1508
www.villapark.org
Chet told me today that he build their website himself in about a day. Remember that they are a start up and are working out the kinks before they mass market. He said that he built the website solely for some international clients (Jamaica), and that he is planning on having it re-done.
Chet also told me that their three domestic locations that they are installing networks for, are for the sole purpose of developing their system and software.
Roadwings is a shell. When is everybody going to see what is happening here? Travis does not need a website because IMO there is going to be a reverse merger, and I think it will be soon. I would not be surprised if this happens in the next two weeks.
As this thing has been playing out, I think that both sides (OneFi and RDWG) have been feeling each other out. This is why Travis has only bought 10%, not because he does not have the cash, but because he needed to be confident that OneFi could deliver. However, he did have to show some good faith to OneFi and has made the minimal payments when he did.
Travis needed to be convinced that OneFi's product works, and Chet confirmed today that it does. IMO everthing is on track with this sucker and think that we might see a new ticker (along with a new website) very soon.
.... To clarify,
Chet made reference to Travis having 2 weeks. He said that they are planning on getting together in 2 weeks to go over options.
This leads me to believe that the contract has been in effect since the PR started coming out in mid July. Two months from mid July is mid September. Seems right to me.
Chet also said that they had trouble with their initial installation. He said that all companies have their set backs, but that they HAVE FIGURED OUT THE PROBLEM. He also said that the second installation was complete in less than 4 hours and went off without any problems.
I did not think that this was relavant at the time, but maybe Travis has been waiting to make the final payment. If he does have the money, you can bet that he wants to make sure that the product/technology that he is investing in works. This could have been the delay?
Chet said everything is working and they are going to be meeting with OneFi in the next couple of weeks. Maybe now that Travis can see that the technology works this bad boy is going to gitty up!
Just got off the phone with Chet.
We had a good 25 min conversation that I think will answer some of the questions here.
What makes OneFi so special?
As Martingale clearly demonstrated over the weekend, there are big players in the WiMax arena. Here is why I feel that all the DD that Martingale did over the weekend was "much ado about nothing". No offense Martin. OneFi is not going after the masses (ie cities), They have a clear strategy that will allow them to be successful.
1. International.
2. Domestic (rural).
3. Federal Funding.
4. Their Software.
Chet said that in the WiMax field, at the end of the day, what OneFi offers is not much different than the other players. What makes OneFi special is their software that they have developed internally, and this is what they are working on a patent for. Their software compresses and packs information that CAN ADD 40% TO THE BANDWIDTH!
OneFi definitely plans on capitalizing on their connection to Federal Funding. This will help with mass roll out to the rural areas, which Chet said that they have identified 2,300 domestic communities.
The Federal Funding will help with the domestic capitalization, but they still need to raise capital for their international and software development. This is where Travis and RDWG come into play. Chet could not speak much on RDWG (I think for obvious reasons), but did make reference that Travis has another 2 weeks on the original agreement.
Hope this helps. GLTA.
U Da Man Chuck!
I am locked, loaded and ready to go. IMO this is going to be a huge week. Load up early!
Does anyone know about the patent that OneFi is working on getting?
Martingale. Thank you for your DD today and for sharing with us. Unfortunately I think that it is much ado about nothing.
I am not sure why you spent so much time telling us that OneFi did not develop WiMax and that we have competition. I think that we all aware that there is competition.
I do agree with you that time is of the essence. IMO this confirms for me that there is much more going on here. OneFi knows that they need to be public in order to compete, and the shortest path through the woods is RDWG.
Keep in mind that Roadwings is clean. No debt and begging to be used. 53% of all companies that go public, do so through a shell.
I don't think that the long term plan for OneFi is to compete in the major cities in the US, as you showed us, this would be silly and probably impossible. This does not mean that they cannot grow exponentially and realize huge profits.
It is clear that their strategy is to focus on countries out of the US.
OneFi is currently working on projects in South America, the Caribbean, The Middle East and Africa. These projects were selected because infrastructure in many of these areas is either non-existent or legacy. Tomorrow’s bandwidth is delivered today!
OneFi Management
http://www.onefitechnology.com/
They already have a massive contract with Jamaica, and per my conversation with Chet on Friday, a huge contract in Mexico (which Travis landed).
I think that they will continue to get some "low hanging fruit" with small cities/towns (Buena Park and Villa Park, CA) and more rural areas (Eastland, Texas), but this will not be their bread and butter.
Look at the OneFi's website, Chet is listed as "international development". They don't even have a direct contact for domestic development.
They will continue to get these small domestic contracts for two main reasons. 1. They need to have local networks up and running for testing and future development. 2. They need US investors interested into their company.
I have information that I cannot post that leads me and other investors to believe, that after two weeks of trading sideways, things will begin to unfold this week with this stock.
GLTA... I am not going anywhere.
Pierson vs Pearson... ie / ea. Doesn't seem to be connected.
I guess Chet could have been telling the truth, when he told me that he had Roadwing guys all around him.
Nice to know that Travis has some peeps helping him. Does anyone live in Vegas and have they tried to stop by the RDWG office? Should there be a tower on top of it by now?
Agreed an agressive prediction. As you read, this was based upon several "If's". Based on these if's, raising the capital they needed would not be that difficult, and there will be a drastic change in their PPS.
We all have opinions and that was mine. I also state when it is an opinion and when it is factual research.
I am not lying about my conversations with Chet.
Agreed.
Also...
Did you see my pics from post 11191? Will this help you?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31845059
Dude seriously...
... I get it that you obviously don't belive me or my postings. That's fine, but you don't need to mock me like you have been doing.
What do you think that my motives are? If you knew me (which you don't), you would know that I don't falsify information.
This is getting silly, and if you are really interested in knowing the truth send me a PM. I will respond with my personal email adress and my login so you can see it for yourself, if that is what you need.
How is that for verificaiton?
Even further proof...
from "cnoblett@onefitechnology.com" <cnoblett@onefitechnology.com> hide details Aug 29 (21 hours ago)
to XXXX XXXX <XXXXXXX@gmail.com>
cc Tom White <twhite@onefitechnology.com>
date Aug 29, 2008 5:53 PM
subject RE: Investor Relations
XXXX,
As I said let's talk Tuesday, any time. We were out today working on networks.
Thanks,
Chet Noblett
CEO
OneFi Technology, Inc.
Wrong board... Sorry guys.
martingale...
Travis is not a newbie and is way more than a BBQ man.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31684698
I will also post shortly, that Chett has been involved in the past with a RM.
Again, I am playing the odds. We have two companies that have experienced men, with a similar backgrounds in a deal together.
They have not shown us all of their cards, and are holding back information.
Thanks Chuck. Keep in mind that Travis made this deal NOT OneFi, but Chett from OneFi confirmed it before it has been PR'd.
I have said for weeks now that this smells like more than what they (Travis/RDWG and Chett/OneFi) have told us, and that they are closely working together.
I had two conversations with Chett yesterday (documented by the pictures below)...
Here was the first conversation -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31831401
Here was the second converstion -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31835300
Both of these conversations were under two minutes, and with each one Chett did not have much time to talk. Chett opened the door and wants me to call him on Tuesday. Hopefully I will get more info about their relationship with RDWG and Travis.
See the pics of my phone confirming both conversations. The first pic is my dialed call to Chett, and the second was him calling me back.
- Chett DID tell me that there were RDWG guys all around him while working on an installation in my first conversation.
- Chett DID tell me that they just landed a huge deal in Mexico.
I did not make any of this up and these were his exact words. Again, I did this DD for myself, but I post it for others.
This confirms that RDWG is involved with OneFi on a regular basis and that they are working together. It also confirms that Travis has not left us and was working in Mexico last week. This stock is far from over!
No offense taken.
When Chet called me back, I did not say that I was too busy to talk with him. I was in the middle of alot when he called and did not catch which city he was in. Our second conversation was cut short because of him, not me. That is why he wanted me to call him back on Tuesday
Nice Post, you certainly know all of the nuances of this stock... And I don't blame you.
It is impossible to verify a phone call. The only thing that I can think of is to take a picture of my received calls on my cell to show that he called me back. I will do that tomorrow.
I was in the middle of my job when he called, and very busy. I did not pay attention (as we all have in conversations), to which city in CA he was referring to. It was a quick conversation but it was real. Believe it or not.
There is alot of speculation on this stock. This is why I have done a good amount of my own DD, and part of this was to contact Chett. I did this for myself, but shared this for others.
I like this stock based on what I have found out, not based on what other people say. If I end up being wrong on this stock, I will easily admit it. I don't know what is really happening with RWDG and it's relationship with OneFi, but I can play the odds based on my own DD....
... I like what I see.
I could not disagree with your statement more.
OK... As of now OneFi and RDWG are separate companies, so of course Chett cannot directly affect the stock of RDWG.
But... To say he could care less if it goes to 0001, come on. Have you been paying attention? RDWG is the exclusive funding partner of OneFi. Trust me, he cares about the stock price of RDWG, they are giving cash to OneFi.
What's wierd... Please explain. I am not understanding your post.
I know that I feel great about my position, and will be enjoying the weekend.
It's like the fourth quarter with 7 minutes to go, the home team is down by 21 and everybody bails thinking they lost. Only to discover on ESPN that they stormed back to win the game.
I'm still sitting in the stands!
This just in....
....Chett just called me back about 25 min ago. He said who he was, and asked if I remembered our conversation earlier in the day. I said yes. He apologized for how the conversation went and that HE HAD RDWG GUYS ALL AROUND HIM, and that he could not talk with them there. That they were down working on the Buena or Villa Park (can't remember what he said) installation.
He also said "they just landed a huge deal in Mexico"!
I never mentioned that in our previous conversation and I am confident that this verifies that Travis was in Mexico working on a deal.
He said that he did not have time to talk and for me to give him a call on Tuesday.
I posted earlier in the day that over the weekend I am going to post about Chett's history. In light of today's developments, I am going to wait until after Tuesday's conversation to post about Chett.
To: xxxxxxxxxxxxx.com
Fm: twhite@onefitechnology.com
Date: August 22, 2008 10:15AM PST
Roadwings has purchased 6% of OneFi Technology Y-T-D. More payments are expected shortly which will bring them to 10% by the 1st of September. Within 60 days, Roadwings has the right to purchase up to 40%.
-------- Original Message --------
Subject: Dear Mr. White:
From: xxxxxxxxxxxx.com
Date: Fri, August 22, 2008 4:15 am
To: twhite@onefitechnology.com
I have been in touch with Chet Noblett by telephone and he has advised me that you were the person at OneFi that had put together the buy-in investment of Roadwings. My question is what percentage of OneFi has Roadwings now purchased?
Secondly, is their investment in your corporation passive or will you pass income rev's to them as your contracts begin to come in?
Thank you for your time Mr. White. I look forward to hearing from you.
Regards,
XXXX XXXXX
I believe that he has until the mid of Sept, but can't verify that.
CJ forgive me, but you are the king of vague posts...
..."I was going to give Travis until next week to do something but I am begining to think that is just not going to happen based on conversations with a lot of people."
Based on what conversations with a lot of people? Are any of these conversations documented, and why do they think Travis will not give us a PR next week?
Who was this other poster who said he was pissed, and what was their post?
There you go CJ with half truth postings. I never said he was "pissed", I heard the tone in his voice and I would say he was guarded not pissed.
I just spoke with Chett Noblett with OneFi. Take from the conversation what you will. At the end I will give you my opinion....
- I started the conversation asking if we could discuss RDWG.
He quickly shut the door and said, "absolutely not".
- I asked why he could not speak about this.
He responded by saying, "I keep getting these phone calls. I know nothing about Road Wings, have nothing to do with them and that I should contact them with any questions."
- I said really?... So the PR that they are releasing is false?
Chett said, "They have not completed their purchase into OneFi, that he could not speak about this and that he has already gotten in trouble with securities."
- I asked if I could quickly ask one more question.
He said "OK"
- I said that I noticed on their website that there was mention of investor relations. I asked if there was a way for me to invest into OneFi directly?
He responded by saying, "My name is Chett Noblett and for me to send him an email directly about this issue."
- I said thank you and that I will. End of Call.
I sent him an email as he request and have not hear back.
If this deal was as simple as RDWG owning a minority interest into OneFi, why could Chett not just state that. IMO there is something else going on, that is why his first response is to say he has nothing to do with them, to get me off the phone.
If there is something else going on, this reaction is exactly what I would expect. As stated before, he cannot hint, react, communicate anything without getting in trouble (which he stated has already happend).
Take from it what you will... I am not selling my shares. I will post info on Chet's background over the weekend, as well as if I hear back from my email that I sent.
Regards.