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Gotta luv it... a 1,000 share trade pushed it over 8 cents... The story continues... on to next week... enjoy the weekend all
Given Andrea's lack of news, I'll take the speculation
Need several million + volume days in a row to establish a base....
We don't need 100,000 share buy trade followed up by a 15 share sell trade to wipe out any upward tick movement.
Sometimes I think its just 1 trader playing both sides of the bid/ask
Need to keep up the volume next week
To gain attention and keep up momentum
Looks like there just isn't that many shares out there to trade
Certainly no large blocks, hence no large volume days sustained in a row
Need to keep volume up. Only way for it moves forward
400,000+ shares traded today...
wouldn't it be nice if the Reddit crowd jumped in
Tomorrow's opening
Friday's action moved the price up 34%
Tomorrow, little Jimmy johnson; president of the Middlebury Vermont high school stock club will sell 200 shares of their total holdings of 500 shares. ANDR will drop 50%. Total sale will cost Jimmy 20 cents
who knows.... I gave up a long time ago trying to figure this one out. What ever happens.. happens... and if nothing happens, I'm fine with that too.
[color=red][/color]I'd be perfectly happy with this option
a skillful promoter goes long before running ANDR up...
There are thousands of traders that ran GWSO from sub-penny to $3.60 this year. many new "millionaires" there eager to pick their next winner....
ANDR is always a perfect candidate for the pump and dump.
just need to exit quickly and pick the right exit price
Joey..Joey...Joey
Keeps on buying when just like the Titanic, the bow is the only thing visible, before it sinks to the bottom of the dark cold North Atlantic.
The 2nd sleaziest thing a company can do is release a 10Q on a Monday after hours
One of the sleazier moves companies do, is to post earnings/ 10K on Fridays after the market has closed. So keep an eye out today...
I think the lawsuit is pretty much dead now.
Apple got everything but some crumbs thrown out and they will not concede anything and will spend any amount of money it takes to tie it up forever, based on the fact that Fortress is a party to the lawsuit.
Pretty sure alot of the patents have expired as well. Basically the sand is running out of the hour glass.
Looks like Gary A Jones board member passed away.
Didn't know that he was managing director of " a wholly-owned subsidiary" of Andrea Electronics..... very interesting
Mr. Gary A. Jones is an Independent Director of the Company. He has served as President of Digital Technologies, Inc., since 1994 and was Chief Engineer at Allied Signal Ocean Systems from 1987 to 1994. From March 1998 to December 2000, Mr. Jones was the Managing Director of Andrea Digital Technologies, Inc., a wholly-owned subsidiary of Andrea Electronics Corporation. Mr. Jones’s extensive experience in the software and communications industry affords the Board valuable insight regarding the business and operation of the Company. In addition, Mr. Jones was the Managing Director of a wholly-owned subsidiary of Andrea Electronics, which has given him knowledge of all aspects of the Company’s business and history.
Looks like big bad Joey Migliozzi just purchased some shares...What about the worlds highest paid book keeper?? Is she ever going to purchase anything? Imagine how long it must take to do the books on a company that makes less than 2 mil a year??? maybe 1 hour?? I'm sure the closet 7 Eleven or McDonalds pulls in 5 million plus... I wonder if they have a 180k a year bookeeper
Everybody ready for the usual Friday after hours release of the 10Q? I sure the worlds most expensive book keeper is putting the finishing touches on it now...
I'm sure it will be a blow out quarter... for sure
Get in line Koss...
Koss the legendary headphone manufacturer is suing Apple for patent infringement. They better make sure that they give their attorneys a nice retainer, so they can have their lunches catered in every day....spare no expense
https://www.patentlyapple.com/patently-apple/2020/07/koss-an-american-pioneer-in-headphones-has-filed-a-five-count-patent-infringement-lawsuit-against-apple.html
Well hopefully the next round of PPP goes through
I think a Lamborghini would look nice parked outside of headquarters
https://www.buzzfeednews.com/article/olivianiland/florida-david-tyler-hines-ppp-loan-lamborghini
Don't waste you time using charts on ANDR
The NASA scientist running this company follows only one prinipal, and that is whatever will put the most cash in his pocket.
10K coming up... Wall Street anxiously awaits the results...
Will ANDR post revenues higher than the Mr. Frosty franchise on rte 25 in Melville?? If they exceed revnues exceeding 60k for the last six months, this baby is going to the moon.... maybe even Mars... no stopping this rocketship...
Can't wait to read through the 10K to get the good news and all the details about the new vendors.... vendor A, vendor B, etc...oh no...we can't name any vendors... ooooohhhhhh... thats not allowed per SEC rules...
Thank God, ANDR is holding up through this market rout.
This must be a sign that Wall Street is confident in Doug and the boards ability to guide this company successfully through the next decade.
I really don't think Fortress is going to forgive ANDR any debt, when they are holding all the cards... Why would they care, or feel any compassion for ANDR and its shareholders... a deal is a deal in that world. These companies are Vultures. In my opinion what is going to happen is that Fortress will offer Doug peanuts for full ownership of all of ANDR patents..... take it or leave it attitude... your going down anyhow..
What I would like to know, is if there is any case for a shareholder class action lawsuit against ANDR, The Board, Fortress, Softbank..?? They must have some kind of insurance to cover this.
Verdict on appeal in today..... Lawman??
http://www.cafc.uscourts.gov/sites/default/files/opinions-orders/18-2382.Opinion.2-7-2020_1528740.pdf
http://www.cafc.uscourts.gov/node/25805
Here's the Agreement..
https://www.lawinsider.com/contracts/6XqhuRTC4evPPUryrVDkmV/andrea-electronics-corp/note-purchase-agreement/2014-12-31
go to section 6.8.2 to read about soliciting business using the patents.
Who would agree to this??
Go back and re-read the Fortress / Andrea agreement
In the agreement Fortress has the right to approve or disapprove who Andrea does business with and what the terms are...
And the lump sum agreements with all of the aforementioned, Samsung, Dell, HP, etc.. again Fortress dictated the terms of the settlement, where in the lump sum agreement basically covered their own costs and attorney fees, and forget about on going residuals.
Basically ANDR is a sail boat in water with no sail....
Who ever (Doug, BOD, attorneys) guided them into this agreement with Fortress was clearly blind sided....
The only hope for ANDR at this point would be for Apple / Intel to win the case against Fortress, then at least the ownership of the patents would go back to Andrea
As always this is only my opinion.... not facts
Looks like the day's of the patent trolls (Fortress) are coming to a brisk end....
Apple & company moving the show over to Europe
https://appleinsider.com/articles/20/01/16/apple-urges-eu-to-halt-the-rise-of-patent-trolls
Given that Fredo can't even take a crap without getting Fortress' permission, forget about signing up new business, this will effectively freeze up everything for years...
ANDR current market cap is a mind bending 1.3 million......
Big round of applause to Doug and BOD for a great decade...
Price of ANDR on 1/4/2010 = $.07.. Current price is $.023
Everyone should pat themselves on the back for all the great work you've done...
Here's to the Decade ahead and more of the same....
Sounds like a good plan Lawman...
Would be even better if the lazy do-nothing Board of Directors, who have been around for the last 20-30 years collecting yearly salaries and stock options, got off their lazy behinds and did something for a change.
You know, the same Board of Directors, that signed off on the Fortress Deal that essentially gives all control to Fortress, the same board of directors who approved and signed off on the previous 2 illustrious CEO's
Maybe a good start to re-organizing the company would be to replace the entire board of directors.... look at the line-up a bunch of no bodies not even connected to the industry.
Appreciate your input Lawman
my only comment to this statement you made.
"I have argued that if Andrea actually had a business and financial oriented CEO, the company's bottom line and the stock price would appreciate substantially. Unfortunately, that has not happened."
Unfortunately they have not had much luck with their previous choices for CEO
One former CEO sold the most profitable division to his relatives for peanuts, unbeknownst to upper management and the board...Whoopsie daisy
https://libn.com/2005/04/22/andrea-reaches-deal-with-exceo/
Another CEO came from a Long Island company, whose CEO went to prison for stock fraud.. they ended up terminated him as well
https://www.nytimes.com/2016/11/02/business/david-h-brooks-dead.html
http://thejewishvoice.com/2018/11/07/from-10m
-bat-mitzvah-to-jail-cell-family-of-david-brooks-coughs-up-loot/
https://nypost.com/2018/11/05/long-island-fraudsters-family-agrees-to-hand-over-scammed-treasures/
https://www.businesswire.com/news/home/20050131006081/en/Andrea-Electronics-Announces-Termination-President-Chief-Executive
See a pattern here???? you can't make this stuff up
Fredo should be rooting for Intel & Apple to win this one
PRAYER FOR RELIEF
Intel respectfully request the following relief:
a) That Defendants’ unlawful conduct be declared a violation of Sections 1 and 2 of
the Sherman Act, 15 U.S.C. §§ 1, 2; Section 7 of the Clayton Act, 15 U.S.C. § 18;
and Cal. Bus. Prov. Code § 17200, et seq.;
b) That Intel recover damages against Defendants in an amount to be determined and
multiplied to the extent provided by law;
c) That all contracts or agreements Defendants entered into violation of the Sherman
Act, Clayton Act, or Cal. Bus. Prov. Code § 17200, et seq. be declared void and
the patents covered by those transfer agreements be transferred back to the
transferors;
d) That all patents transferred to Defendants in violation of the Sherman Act,
Clayton Act, or Cal. Bus. Prov. Code § 17200, et seq. be declared unenforceable;
e) Award Intel its costs and expenses associated with this case, together with
interest; and
f) Grant such other and further relief as the Court may deem just and proper under
the circumstances.
This should be the final nail in the coffin
Apple, Intel suing Fortress for antitrust practices
https://finance.yahoo.com/news/apple-intel-file-antitrust-case-025349950.html
Now it makes sense why Apple is fighting this so hard...
Yep....
10 Q coming out next week..
After that will be 6 months of radio silence until the 10K comes out end of March 2020
This years tally:
10 Q - Jan - March - $437,840
10 Q - April - June - $565,133
10 Q - July - Sept - ????? $735,000 ??
Either they keep the trend upward or hit a road block...We shall see
The stars align with Jupiter and Mars..
market cap and revenues in alignment give or take about 2 million
Wall Street is holding its breath for the next 10 Q around the middle of November. Softbank will step in to prop them up, just like they did with We Works...maybe because they have a soft spot for companies that bleed money.
Well..... The reason for the interest, is that I just want to make sure that all of the millions and millions spent on legal fees is going for a good cause, primarily putting lots of money into Fortress and Doug's bank accounts... because when they are happy... I am happy..
Looks like no one else gives a crap here, but that's ok
I totally understand.... I read that these decisions can take from 4-6 months...
I thought the Andrea attorney did a good job, but I just assume that Apple has alot of sway/ pull over this. Just hope that the judges realize that Apple the world's most valuable company, is in fact a bully... and therefore my hopes are not great, because the bullies always win out in the end.
What was your take on it ???
Extremely technical stuff
It seemed to me that the Judges were drilling down on Andrea's attorney....
I'm not an attorney, and don't know how to read between the lines... any opinions wellcome..
Apple vs. Andrea Electronics
came across this
https://www.courtlistener.com/audio/65647/apple-inc-v-andrea-electronics-corporation/
So Fortress Investments (aka Softbank) is backed by Apple and Qualcomm at the same time they are suing Apple for patent infringement??? Hhhmmm... I wonder how that all works out? Can't imagine that Apple is happy with that conflict... i guess it will just work itself out...
SoftBank is a company dedicated, in part, to financing and supporting the information revolution — which includes its ownership stake in U.S. telecom giant Sprint, along with major stakes in Alibaba and Uber and a host of other new economy firms. Its Vision Fund — backed by such tech heavyweights as Apple and Qualcomm — is a driving force in providing financial backing for innovative technologies, many of which are still in the incubation stage,
Patent Troll Fund
In May, Fortress announced it was raising $400 million for a fund that would pursue legal remedies for the violation of intellectual property (IP). The goal of the fund is to curtail IP violations by both purchasing the patent portfolios of companies and lending money to those that are protecting their own patent portfolios.
link to article
https://gazetteday.com/2019/01/fortress-investment-group-2018/