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Yesterday, while at a local Apple Store my mind drifted into what the future of computers will look like. I couldn't help but believe Apple is really on to something with their integrated monitor/computer packages.
Then I began thinking about biometric fingerprint technology and how that might be used in the future. And it seems to me the monitor itself will be used to scan your fingerprint instead of some peripherial device like the mouse or keyboard. So, I checked around the web today and lo and beyond, it's already in use. Amazing how rapidly technology keeps changing these days.
http://news.thomasnet.com/fullstory/461680
Interesting, here's is a cut and paste from their website.
CyberKey is a leading manufacturer and marketer of USB drives or Mobile Communications Devices (MCDs) designed for enterprise customers, including the Federal Government, and today’s demanding on the go consumer market.
Our proprietary CyberKey Secure Advantage™ enhanced products and services enable companies with proprietary content to securely store and transfer large amounts of data, files and applications from one electronic device to another, anywhere within the global enterprise environment. CyberKey starts with a USB-based flash memory device and bundles applications to ensure data integrity, ease-of-use, security, and branding if desired.
You can use our products with the confidence of knowing that each mobile communications device employs a patent-pending USB-based Digital Rights Management technology, augmented with the highest level of 128K bit data integrity commercially available.
Corporate Security and Specialized Needs
Our enterprise level products are specifically designed for security-conscious organizations that demand excellence in performance characteristics and the absolute best of breed security that is commercially available, to prevent any potential threat that could be introduced in your enterprise environment from a mobile communications device.
The CyberKey enterprise solution is also user-centric and does not require any software to be loaded to the client computer, application servers, or internet servers.
We also strive to address the needs of your on the go employees by providing mobile communications devices that enable them to easily store and move data, while ensuring that our products are extremely secure, manageable for your IT department and extensible throughout your organization.
All of our enterprise products can be configured to incorporate this advanced feature set:
Compact, high capacity USB drive for enterprise usage
Digital Rights Management
Ubiquitous File Support
128-bit Encryption Security protects enterprise, third party and end user data
Windows Application Support
Web Upgradeable
Biometrics Capabilities
Lifetime Warranty
To learn more about our specialized products and solutions, please use our contact form or call our toll free number 888.688.9666 to reach a member of our national accounts sales team.
New Pre-Validation List published 1/5/2007 for Cryptographic Module Validation Program FIPS 140-1 and FIPS 140-2. Still no Cyberkey products.
http://csrc.nist.gov/cryptval/140-1/140PreVal.pdf
List of companies already approved.
http://csrc.nist.gov/cryptval/140-1/1401vend.htm
I thought it would be interesting to cross reference your list with the partners list shown in the PowerPoint slide show on SQUM's website.http://www.sequiam.com/aboutus.asp
Seems to me SQUM and CKYS are linked very closely.
By the way, the slide show was produced recently and provides some interesting growth forcasts.
Kwikset Corp (Black & Decker)
Changjiang Group
Remington Arms Company
Davenport Sales International
Ford Motor Company, South Africa
Shell Oil Company, South Africa
Bank of Uganda
National Rifle Association
Analog Devices, Inc
Fujitsu Microelectronics America, Inc
Shanghai Changjiang Intelligence Information Technology LTD
Quasar Group LLC
Here's a link...
http://www.247wallst.com/2006/12/cramer_pumps_up.html
RedCloud, sorry to hear about your loss. A few years ago I lost a nephew around the same age and it was a very painful experience for the family.
Being the moderator is a thankless job. You and the assistance moderators are doing great. I noticed the board is picking up steam the last few weeks, so keeping the dialogue civil will be a real challenge if it gets any busier.
My condolences to you and your family.
Point to remember is the matter of fact way Jim Plant's responded to questions regarding the T/A only a couple of weeks ago (joking about them being "gagged" and so forth). Obviously, he understands the impact share structure has on stockholders perceptive value. So, he either didn't care about that perception and hence no timed pr explaining the change. Or, has something to hide and is unwilling to discuss it.
What that something to hide is could be positive or a negative. Given the size of the increase in AS and the secrecy issues surrounding the change, it seems more plausible to be something negative rather than positive unfortunately.
My guess is they used up a lot of the corporate treasury hiring people, advertising and purchasing products for downstream consumption and now need additional shares to fund growth. That, coupled with offering shares to a new management entity after a buyout are the two most likely uses. Rarely do these kinds of huge AS increases serve only one purpose.
Yes, it's possible and would seem reasonable. Problem is this is the wrong way to go about it in the day and age of bulleting boards and the internet. A few years ago maybe few people would have noticed the change on the Nevada website, now literally thousands of shareholders will know by the close of trading.
Oh, and for those enamored by the promotional website we as shareholders paid 5 million shares for the joy of having a video and write up put on the web. I doubt Hank at smallcapengine.com will be informing shareholders of the AS increase for quite a while. Proving once again the value of IHUB in comparison.
Logically it's SQUM. Too busy to do some number crunching, but I'm sure someone will dig out their AS and do some analysis at .20 cents a share.
Intuitively, from my perspective, the amount of increase in shares will not justify the price. Long term it might make sense from CKYS's standpoint. Let's face it, without manufacturing talent and or a serious patent portfolio, this industry will be largely commoditized by the big players such as Toshiba, Sandisk etc. It doesn't take a lot of ingenuity to wrap "solutions" (undefined), around a memory stick.
A few weeks ago I demonstrated by simple uses of search tools on the internet, finger print recognition techology is not all that unique. Buy 50 for 20 bucks a piece direct from China.
http://www.tradekey.com/index.html?criteria=2&search_in=1&keyword=USB+fingerprint&start_....
Yes, it makes sense it could be a buyout, but with 3 billion shares tossed into the pot, the company merging would have to be pretty significant to justify the price paid.
Let's assume they will hold 1 billion in reserve. And give the merging entity a billion shares. That means the float could increase to 2 billion at any time with another billion kept in reserve.
Not a good looking fundamental scenario unless the company merging is making significant net income. So, fundamental risk is pretty high at this stage, that coupled with the secretive nature of the change is cause for serious concern.
Looks like another classic pump and dump at this stage barring an addressal by the company regarding the HUGE increase in the A/S.
First a series of television advertisements, then today a fluff pr with an unnanounced massive increase in the AS.
Dumped a million for a loss of half a penny. One thing you have to admit, regardless of the company contacts on this board, they kept this move very secretive.
I hope for longs sake the company sends out a pr addressing the increase in AS with a buyout favorable to shareholders. Looks doubtful to me given the size of the AS increase, but one never knows...
Who cares? An investor is an investor.
varok, I disagree. Many of these promotional websites get most of their hits from bulletin boards. One supports the other. smallcapengine.com is a nothing ranked website. Here are the facts from Alexa.
http://www.alexa.com/data/details/main?q=smallcapengine.com&url=smallcapengine.com
This one board on Investors Hub gets more reads and hits per day than smallcapengine.com does in a week. And this website, maybe a hundred times the traffic.
http://www.alexa.com/data/details/traffic_details?q=investorshub.com&url=investorshub.com
The problem is small company CEO's are too busy to invest or day trade, so they don't understand the tools and places investors go to gather information in today's day and age. So, they get hooked in by fast talking slick promotional people, that do very little but take shares and money from the company. The company should show respect for the millions of shares they control, and not dole them out to every tom-dick and harry promotional website claming "we're in touch with the investment commmunity". Anybody can make that claim and many do.
Let's see, Big Apple couldn't produce a video online that played in Microsoft's IE for 3 days and couldn't execute an arrangement for the ad to play on time with CNBC.
Small cap engine produced nothing but a smily faced hello piece, where the impact after seeing the presentation was a decline in the share price of the stock.
So, how effective were they really?
We as shareholders have a right to be critical about how our shares are used to grow the business. Although Big Apple is still an open book in my eyes, we seriously overpaid for small cap engine's services. Their website is a joke and it doesn't cost 125 grand to pick up a video camcorder and interview a few people at the company.
The credibility issue related to the commercial not airing certainly didn't help the stock price. However, I don't think we should discount the impact viewing the online report from smallcapengine.com had either.
The video may have been viewed as a promotional pump without much substance. The interviewer Hank Zemla was gushing about the company a bit too much for it to be viewed as a legitimate piece of reporting. In addition, some investors may have been visualizing the company as a technological mini-powerhouse of sorts and none of that came across during the interview.
The solutions concept sounds great on the surface, but why didn't Hank or someone from the company plug the device into a nearby computer and demonstrates some of those terrific solutions contained on the stick?
Another issue was the company video not playing on Internet Explorer. A technology company with their act together should be able to distribute a video online without much effort, instead of leaving it up to investors to come up with "solutions" toward the problem.
Just some musings, I unloaded quite a bit of LYJN today for a nice profit, so I may pick up another million shares of CKYS tomorrow if the stock shows more weakness.
Best of luck to us all...
Deleted....
Ok Ely, you're right. Although I've emailed on three occasions and received no response. I will not talk about this issue again until I personally speak with Jim Plant about it. Whether that takes a day, week or month, I give you my word.
And I'll report whatever I am told.
I watched the video. Nice to see some of the folks who work at CyberKey. Good presentation, looked similar to something a long shareholder would present.
During the presentation Jim Plant picked up two bio drives and said, this one is for Top Secret information, and this one is for unclassified information.
Question: How can the information be stored at the "Top Secret" level without FIPS 140-2 certification?
First, you need a plugin along with flash to run the video in Explorer. Unfortunately, the plug in link in the middle upper portion of the screen doesn't show up in Explorer, so you need to fire up Firefox. It worked just fine on my computer then.
My impression:
The information presented was nothing new to most of us following the stock. What was good was the way the CEO came across during the presentation. He came across as sincere and motivated to do the right thing with this company going forward.
He obviously doesn't fully appreciate the reluctance penny stockholders have in believing the company when determining the share structure. He is either naive regarding the shananigans rampant in the pinks, or is slick as oil salesman and selling the TA gag line very well.
It appears TA is running the company decisions in a critical area, instead of the other way around. He says he loves the TA. Well, maybe he doesn't know other TA companies verify share structure and answer investor questions, which help back up investor relations in making a company transparent. Transparency is the key when operating in the pinks. Transparency causes hedge funds to look the other way when shorting, as well as obviously giving traders more confidence to hold longer term.
So overall, I would give the presentation a C+. It's not going to hurt, more likely it will help the stock going forward.
And he has met another committment which helps build credibility.
Kramer is really talking up this company tonight.
Do you mean this?
http://www.legalcasedocs.com/120/245/361.html#item1
SECURITIES AND EXCHANGE COMMISSION
SECURITIES ACT OF 1933
Release No. 7709 / August 2, 1999
SECURITIES EXCHANGE ACT OF 1934
Release No. 41687 / August 2, 1999
ADMINISTRATIVE PROCEEDING
File No. 3-9949
PROCEEDINGS INSTITUTED AGAINST NATIONAL STOCK TRANSFER, INC., KRISTA
CASTLETON NIELSEN, AND ROGER LEE GREER
The Commission today instituted administrative proceedings in which
the Division of Enforcement alleges that National Stock Transfer, Inc.
(NST), a registered transfer agent located in Salt Lake City, Utah,
and two of its former or current officers caused and willfully aided
and abetted violations of the securities registration provisions of
the federal securities laws by PanWorld Minerals International, Inc.
(PanWorld), a microcap company. The two officers are Roger Lee Greer
(Greer), NST's current president, and Krista Castleton Nielsen
(Nielsen), NST's former president, both of whom reside in the Salt
Lake City area. The Commission previously charged PanWorld and its
president Robert F. Weeks (Weeks) with violating the registration
provisions in a civil injunctive action filed in 1997. SEC v. PanWorld
Minerals International, Inc., Civ. No. 2 97CV425 (D. UT).
The Order Instituting Proceedings alleges that from September 1994
through February 1995, NST issued more than 100 million PanWorld
shares without restrictive legends at the direction of Weeks even
though none were registered with the Commission. Greer, according to
the Order, caused and willfully aided and abetted PanWorld's
registration violations by causing NST to issue certificates for 98.9
million shares based solely on Weeks' representations that the shares
had been registered on Forms S-8 filed with the Commission. Greer
knew, or had reason to know that the stock was not registered.
Finally, the Order alleges that Nielsen caused and willfully aided and
abetted additional registration violations by causing NST to issue a
certificate for 4.3 million shares that Weeks represented were exempt
from registration under Regulation S. Regulation S provides a safe
harbor for unregistered stock sales to foreigners, but Nielsen knew or
had reason to know that the recipient of the certificate was a
resident of the United States, thus vitiating the safe harbor.
A hearing will be held to determine whether these allegations are
true, and, if so, what remedial sanctions, if any, are appropriate and
in the public interest, whether a cease-and-desist order should be
SNIPPETS:
SECURITIES AND EXCHANGE COMMISSION
SECURITIES EXCHANGE ACT OF 1934
ADMINISTRATIVE PROCEEDING
PROCEEDINGS INSTITUTED AGAINST NATIONAL STOCK TRANSFER, INC., KRISTA CASTLETON NIELSEN, AND
The Commission today instituted administrative proceedings in which the Division of
The two officers are Roger Lee Greer, NST's current president, and Krista Castleton Nielsen,
The Commission previously charged PanWorld and its president Robert F. Weeks with violating
The Order Instituting Proceedings alleges that from September 1994 through February 1995, NST
Greer, according to the Order, caused and willfully aided and abetted PanWorld's registration
or had reason to know that the stock was not registered.
Finally, the Order alleges that Nielsen caused and willfully aided and abetted additional
A hearing will be held to determine whether these allegations are true, and, if so, what
jking, just speculating a bit here, but it could be CKYS is selling the device to the PX or NEX system instead of directly to the military. Technically they could be stocking shelves and claiming "it's a military contract".
brentjanice, regarding number 6. I think Jim Plant is taking the share structure issue a little to humorously. The TA works for the company, I would have preferred hearing Jim say something along these lines, "I would like your company to openly answer questions from shareholders regarding the share structure, if you need something in writing, I will gladly provide it, if you can't manage, perhaps I should look for another TA agent. The term "gagged" is often used metaphorically by short traders as a weapon to cast dispursions on a company".
By the way, here's a transfer agent that answers calls from any shareholder.
Transfer Agent:
Holladay Stock Transfer, Inc. 2939 N. 67th Street
Scottsdale, AZ 85251 (480) 481-3940.
It depends on the contractual relationship, but under normal circumstances I think the answer is yes.
Here is a theory I've been considering..
Why would a company go out of their way in a pr to mention who they were ordering all their materials through unless they wanted to prop up the relationship?
Sequiam Biometrics (SQUM) + CyberKey Solutions (CKYS) would be a nice fit. This could also explain why the company has not set up other supplier arrangements for their bio drive device. Perhaps Sequiam has created one and it's ready for launch. Doesn't makes sense why they wouldn't be able to obtain more bio door locks though....
hmmm...
Did you see the .026's they had backed up at the close? Still buying them up at 16:03.
Should be a good open tomorrow.
Brent, thanks for the report. Let's see if I can't finish taking out the .025 today.
The problem is this is the second credibility hit the company has taken in a short while. So the stock price is reflecting that.
1. No questions answered first week of December on the website.
2. No commercial put out at the time pr'd.
They can easily recover, but everything is hightened in the penny world.
I'm sure there's a reasonable explanation why the commercial didn't air in the cities checked. Maybe it only ran in N.Y. or L.A markets.
Or maybe someone at CNBC screwed up and it they will offer the same time slot on a different day. My brother in law is an art director and makes commercials, scheduling screw ups happen all the time from what he said.
Here are a few questions every stockholder of CKYS should be wondering.
1. What is the unique competitive advantage CyberKey brings to the table in regard to the largely commodity products advertised on their website?
2. Why does the company think it's important to maintain 1 billion shares in the AS? How many of those shares are restricted from being sold?
3. Is the current OS 200 million shares?
3. According to pink sheets financials posted, the company made 12 million in net profits on 25 million dollars in sales from Jan-Jun 06. Should we anticipate sales in excess of 50 million for all of 2006 with profits of 25 million or more (A pretty extraordinary profit margin)?
4. When will an audit be complete and an Edgar filing be made available to shareholders?
5. Is the company selling cryptographic memory sticks to the government without being certified FIPS 140-2? Are there plans for certification in the near future?
6. According to a recent interview Jim Plant stated the company was growing extremely fast, faster then he would like, how does advertising on CNBC impact the growth forcasts? And what does the company hope to achieve with these advertisements?
7. Why is the company out of biometric devices and what strategies have been put in place to obtain more supplies? How does being out of stock impact sales going forward?
Perhaps I'm mistaken about that sometimes paid advertisement website and in this particular write up they are not getting paid for the effort. Interestingly, it appears you're more concerned with whether I am getting paid, vs a link to a website which advertises as a paid service and is routinely paid what I would consider rather large sums of money for their efforts.
Yes, very interesting to read the disclaimer at the bottom of that web page.
Disclaimer: The public companies covered in the Special Situation section of www.WallStreetCorner.com (our clients -- we call them "participants") pay an annual cash fee of $9,500 or an initial cash fee of $4,900 plus a monthly cash payment of $595 for a minimum of 11 months thereafter for such coverage. That coverage includes the preparation of their corporate profile, posting it here at WallStreetCorner.com, and the distribution of emails to our totally opt-in international database of serious investors in 89 countries each time their profile is updated.
Booted for what? For talking about an important issue that directly relates to the stock? For answering rude responses in a civil manner? For answering follow up questions from other posters delving into areas of the issue I hadn't originally considered?
You really need to examine the TOU of IHUB. I have not spammed the same subject. I've discussed two completely unrelated subjects and responded directly to posters who have tried to offer a reasonable explanation.
No, That's really good! Have you submitted it to CyberKey?
Buzz is also one of those names you can associate with a criminal who went to jail pretty easily too.
Maybe we can talk about a good mascot name?
How about "Fortress Man".
I would be very surprised with an order that large someone didn't look into the issue before ordering.
Perhaps, but what do you think would happen here if a month or so from now we found out they couldn't fulfill their government contract, because the bio devices didn't meet FIPS 140-2 requirement for government usage and they had to cancel the contract?
Not saying it's going to happen, just that it's possible. Everything I continue to read regarding the standard tells me they need to meet it in order to sell to the government.
I am open to anyone willing to address this issue and convince me otherwise. I'm not a cyrpto-technician, I just read things like most everyone else can.
Here is the last change.
http://csrc.nist.gov/publications/fips/fips140-2/fips1402.pdf
Here is the vendor list.
http://csrc.nist.gov/cryptval/140-1/1401vend.htm
Now, it could be that CyberKey buys their devices from one of the vendors listed in the link above and repackages them with their name on it. If true, it seems to me they would highlight they were meeting the standard on their website.
Another possibility is the devices they are selling to the government are completely different than the ones advertised on their website and they meet the standards.
I'm not really sure, it depends on what kind of contract they set up with CNBC and what costs are involved. The short term trader in me wants to say go ahead and run the adds anyway, so we can enjoy a potential short term pop in the stock. I would also need to know what kind of cash flow the company has. All of which no one except management knows for certain at this stage. Penny traders often want to do things quickly at the expense of a companies long term gains. Whether this fits that mold is a tough guess at this stage.
I would rather see them open up and take orders with a disclaimer the order won't be charged or delivered for a few weeks, instead of cutting off all order taking. That seems a bit odd to me, since the product line is limited to one type of bio device.
Actually, I began no such comparison, so I'm not sure what set you off into this tangent. And I refuse to discuss other stocks on this board. This board is about CKYS and I'm able to separate one stock board from another quite easily. I may not engage in dialogue on many boards, but I read literally dozens of them practically every day.
Whiteshadow, despite what appears to be your desire to get into some kind of personal attack posting back and forth. I'll stick to the stock CKYS.
Think about the marketing issue from managements perspective. After months of planning, do you really think they are happy to be out of stock just before the commercials air nationally? Of course they are not.
No, it doesn't mean the companies stock is not undervalued, nor does it mean the company is going to be seriously hurt by the supply problem, but be real, it's not good news even if you can come up with some theoretical marketing concept which mitigates the pain.