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Ita a shame that they would let investor confidence erode for such a long time. Doesn't make any sense as to why they would do that. How does it benifit the company? I'm just a little mystified.
Does anyone know when the first post BDC earnings are due out?? tia,
g
Although I complain from time to time, I still believe in the company. We have to remember, its a penny stock, its high risk with higher potential rewards. If you can't take the heat, sell and be done with it.
I picked up my last lot at .052 today.
My avg is .064.
Emails and phone calls to the company is your right, don't talk about it here..DO IT if you must.. .. We all want a PR, thats obvious... bellyaching here wont make that happen.
I did that in the past but now I have realized what a waste of time it is.
If your in , your in, period. good, bad or ugly...lets hope good, shall we??
GLTA
g
heck, I'd drive CB and friends around in an Escalade if that would get us a PR sooner!! lol
I can feel the tension in the room... PR should be soon..
glta,
g
Kermit,
where did you see that info on AXGI? thx
glenn
Caly,
Did you know when(what date) financils would be out? Somebody wanted out today..down 21% ouch..
g
Comon AMEP!! Whats the deal, show me the money!!
Boy , this waiting game is getting a little old. They seem to have done everything they said they would with the BDC , etc. But to keep us literally in the dark on what is going on the past year I just can't understand. I would except a PR that said:
"the lawyers told us not to issue any worthwhile PR's until we clear up some details concerning the BDC issue"
I would be happy with that!!lol
This stock has become a bunch of bagholders, some of those bags have a little profit, but good luck selling it with the anemic volume being generated. They have effectively choked off any interest or new investor buying. And for what?? stay tuned??
I just can't understand how this could possibly 'help' the investors.
If I have more shares than their is volume today, I know most here do also.
If they dont come out with something in the next few weeks, we will probably repeat last years wonderful downturn into the summer months. Lets hope that doesnt happen.
just barely hanging on here...GLTA,
glenn
Since no PR update seems to be in the near future.,when is the next quarterly due?
This silence has completely suffocated this stock. Its a shame they would let it go this long. The lawyer has a lid on PR's is just someone's speculation.. I dont buy it..doesn't make any sense...
Getting frustrated again....lol
glta,
g
went thru right away... ok, there is a pulse.. lol
who's next?
ok, i put a bid in at .059 for 5k (AON) shares @ 10:56am.. lets see how long it takes to go thru..
g
we might have a better chance at a PR if we talk to GOD.
I'll get on the horn, pronto..
g
ok, who wants to make the first trade today??
anyone....anyone..Bueler? don't be shy...
So, when are the next earnings due out?
glta,
g
Strong hands are hanging on, but this stock has completely fallen off all radar. 79k shares traded today? is that right?
that could be the lowest volume in over a year.
Calm before the storm??
lets hope so,
glta,
g
SUPERIOR COURT OF NEW JERSEY
("PSEEKER" named as a defendant for his bashing activities ...know where this guy is coming from.)
SOMERSET COUNTY
CHANCERY DIVISION
HONORABLE ROSEMARIE RUGGIERO WILLIAMS
RETURN DATE: March 5, 2004
DOCKET NO.: HNT-C-14001-04
DIGITAL BROADBAND v. “DBBDISFUNNY”, “DALILAMA”, “STOCK_PICK”, “SMOOTHER_1999”, “WNSRFR”, “MRWRIGHTAIDE”,“PSEEKER”, AND JOHN DOES 1-10
EX PARTE MOTION TO CONDUCT LIMITED PRETRIAL DISCOVERY
MOVANT: PLAINTIFF (Digital Broadband Networks, Inc. and Patrick S. Lim)
MOVANT’S ATTORNEY: Jay McDaniel
Sichenzia Ross Friedman Ference
OPPONENT: NONE
ORAL ARGUMENT: NO
I. Background
Plaintiffs, Digital Broadband Networks, Inc. (“DBBD”) and Patrick S. Lim (collectively, “Plaintiffs”) seek to ascertain the identities of persons (“Defendants”) who anonymously posted allegedly actionable messages on the internet in order that Plaintiffs can comply with the requirements of service of process. In the underlying action, Plaintiffs seek preliminary and permanent injunctive relief enjoining Defendants and their agents from posting defamatory messages on the internet which are intended to manipulate the price of the common stock of DBBD. They also seek damages at law for violation of New Jersey statutory law, libel, and civil conspiracy.
DBBD is a publicly traded corporation which files periodic reports with the U.S. Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934. Lim serves as the DBBD’s chief executive officer and chairman of the board; he is also the company’s majority shareholder.
Beginning in December of 2003, Defendants, through various aliases on internet financial message boards owned and operated by Yahoo, Inc. and Lycos, Inc., allegedly posted numerous false statements regarding DBBD, DBBD’s business, and Lim. Plaintiffs allege that by posting such statements, Defendants engaged in a pattern of behavior constituting an unlawful scheme to manipulate the price of DBBD’s publicly-traded stock. Plaintiffs also believe that Defendants’ conduct has contributed to a significant and steady decrease in DBBD’s stock.
II. Discussion
When considering a plaintiff’s request to conduct discovery (prior to service on defendant) to uncover the actual identity of a defendant, the reviewing court must determine whether the plaintiff has set forth a prima facie cause of action against the fictitiously-named anonymous defendants— in other words, whether or not the plaintiff’s underlying claims can withstand a motion to dismiss—although the court is not required to apply such a deferential standard. See Dendrite Intern., Inc. v. Doe No. 3, 342 N.J.Super. 134 (App.Div. 2001). In so holding, the Appellate Division affirmed the trial judge’s reliance on Columbia Ins. Co. v. seescandy.com, 185 F.R.D. 573 (N.D.Cal. 1999) to resolve the issue at hand. The Court in Columbia Ins. established a four-pronged test to determine whether or not to permit a plaintiff to conduct discovery to ascertain the identity of a defendant. On plaintiff’s request to conduct discovery, prior to service on defendant, to uncover actual identity of defendant, plaintiff should:
(1) identify missing party with sufficient specificity such that court can determine that defendant is real person or entity who could be sued in federal court; (2) identify all previous steps taken to locate elusive defendant; (3) establish to court's satisfaction that plaintiff's suit could withstand motion to dismiss; and (4) file statement of reasons justifying specific discovery requested as well as identification of limited number of persons or entities on whom discovery process might be served and for which there is reasonable likelihood that discovery process will lead to identifying information about defendant that would make service of process possible.
See Id. Plaintiffs maintain that they have sufficiently “identified” Defendants by their internet aliases which they have used and continue to use to post messages on the Yahoo financial message board and the Raging Bull financial message board—which is operated by Lycos. Message board users must register to become members before they are permitted to use these boards. Registration requirement forms require registrants to provide personal information, including names and addresses. What’s more, before given access to the message boards, registrants must respond to a confirming email further confirming their identities. Because these registration processes themselves, are geared towards the ascertainment of an applicant’s true identity, the court agrees that by naming Defendants by their internet aliases, Plaintiffs have identified Defendants with sufficient specificity such that their true identities are likely to be revealed by service of subpoenas on Yahoo and Lycos.
Next, Plaintiff asserts that all if its claims against Defendants can withstand a motion to dismiss. The court notes that, for the purpose of this motion, they need make only one showing. Here, Plaintiffs claim to have stated facts in the Complaint sufficient to sustain a cause of action in, inter alia, defamation.
The New Jersey Supreme Court, in Romaine v. Kallinger, 109 N.J. 282 (1988), defined a defamatory statement as one that is false and injurious to the reputation of another or exposes another person to hatred, contempt or ridicule or subjects another person to a loss of the good will and confidence in which he or she is held by others. Id. at 289; citing Leers v. Green, 24 N.J. 239, 251 (1957). The Restatement (Second) of Torts § 559 (1977) describes a communication as defamatory if it tends so to harm the reputation of another so as to lower him in the estimation of the community or to deter third persons from associating or dealing with him. Romaine v. Kallinger, 109 N.J. at 289.
The threshold issue in any defamation case is whether the statement at issue is reasonably susceptible of a defamatory meaning. Id. at 290; citing Kotlikoff v. The Community News, 89 N.J. 62, 67 (1982); Mosler v. Whelan, 28 N.J. 397, 404 (1958). In making this determination, the court must evaluate the language in question according to the fair and natural meaning which will be given it by reasonable persons of ordinary intelligence. Romaine v. Kallinger, 109 N.J. at 290; citing Herrmann v. Newark Morning Ledger Co., 48 N.J.Super. 420, 431 (App.Div.), aff’d on rehearing, 49 N.J.Super. 551, (App.Div. 1958); see Molnar v. The Star-Ledger, 193 N.J.Super. 12, 18 (App.Div. 1984); Dressler v. Mayer, 22 N.J.Super. 129, 135 (App.Div. 1952).
Here, one of the statements posted by Defendants state: “[M]ost of the companies awarding the contracts [to DBBD] are invisible companies.” The court agrees with Plaintiff that the fair and natural meaning this statement imputes that Plaintiffs have engaged in conduct in violation of state common law and federal securities laws. Statements that impute commission of a crime are per se slander or libel. MacKay v. CSK Pub. Co., Inc., 300 N.J.Super. 599, 616 (App.Div. 1997); citing Ward v. Zelikovsky, 136 N.J. 516, 526 (1994). Because we are to apply a motion-to-dismiss standard, the court must assume said statement to be false, as Plaintiffs allege. Even if the statement was not per se defamatory, such a statement clearly has the potential to destroy the reputation and good will of any business. As such, Plaintiffs have undoubtedly alleged sufficient facts to withstand a motion to dismiss.
The court also agrees with Plaintiff’s final argument that they must subpoena Yahoo and Lycos to disclose the identities of Defendants in order to permit service of Summons and Complaint. Because Defendants must have provided personal identifying information in order to register, the court believes that it is reasonably likely that the discovery process will reveal the true identity of Defendants, making service possible.
III. Decision
Accordingly, Plaintiff’ motion to conduct expedited limited pretrial discovery to ascertain the identities of Defendants is GRANTED for a period of 60 days within which to identify the parties. Service must be accomplished pursuant to R. 4:4. This court does not retain jurisdiction as this matter sounds primarily in tort, for which the proper venue is the Law Division.
I also checked amtd, looks like the restriction has been lifted.
wow, a little good news!! lol
havew a good day all,
g
AXGI news:
from yesterday:
Wall Street Resources, Inc. Releases an Analytical Profile on Axium Technologies, Inc. With 12-Month Target Value of $2.15
Apr 17, 2007 8:00:00 AM
PASADENA, CA -- (MARKET WIRE) -- 04/17/07 -- Axium Technologies, Inc. www.axiumtech.net (PINKSHEETS: AXGI) is pleased to announce the release of an analytical profile on the Company, by respected micro-cap analyst Mr. Paul Silver, Director of Research for Wall Street Resources, Inc., which contains a 12-month target value for AXGI of $2.15 per share.
The free report is available at: www.wallstreetresources.net/AXGIPP.asp. The 36-page report includes detailed information on the Company's business model, products, industry, valuation, management and risks. Wall Street Resources, Inc. is a professional research and consulting firm and its principals have over 15 years of experience providing analysis for emerging growth companies and information to the investment community.
"We are very pleased to provide investors with a clearer picture of Axium Technologies with this report," said Mr. Won Soo Chung, the CEO of Axium Technologies. "This report covers virtually every aspect of the Company and we are confident that it will help outsiders better understand Axium Technologies."
Mr. Silver stated, "Axium Technologies' state-of-the-art Maximum software is the only product on the market that is able to successfully integrate different branded and different versions of digital technologies into a homogenous security network. Based on the strong level of interest from some of the leading DVR manufacturers in the world, in addition to a line of innovative security-related hardware products, we believe that Axium can capture a meaningful share of the deep and growing multi-billion dollar electronic security market."
ABOUT AXIUM TECHNOLOGIES, INC.
Axium Technologies, Inc. is a leading provider in surveillance security systems software and hardware. The company maintains its corporate presence in Pasadena, CA and its Research and Development Facility in South Korea.
The Company's primary products include MAXIMUM Surveillance Software, which is the key solution providing interoperability for numerous digitalized security and surveillance products from diverse manufacturers. The Company's Digital Video Recorders (DVRs) and Network Video Products (NVPs) are targeted at the Security and Surveillance segment of the gaming industry. The Company's newest product "Tagger Trap" is a state-of-the-art graffiti detection product, which detects and alarms local police of graffiti activity. The estimated cost of graffiti clean up in North America is projected at $1.0 billion annually. Millions of dollars have been budgeted in the past year by large metro police departments to detect and apprehend graffiti taggers.
During 2006, Axium Technologies redeployed much of its resources, both fiscal and headcount, to complete development of its current suite of products. In doing so, its 2006 revenues is expected to reach $1.04 million, with revenues for 2007 presently projected to be $13.9 million, with net margins of approximately 33% of revenues.
About Wall Street Resources, Inc.:
Wall Street Resources, Inc. and its affiliated site http://www.wallstreetresources.net is a leading source for information on micro-to-small capital publicly traded companies. Wall Street Resources (WSR) acts as a conduit between micro-to-small capital company investors and emerging growth companies through its proprietary financial publications including daily and monthly newsletters, as well as comprehensive 20-50 page featured company reports. To sign up to receive WSR's financial publications go to : http://www.wallstreetresources.net/signup_basic_indiv.asp. WSR also provides business consulting services to help corporate executives by writing analytical reports, building financial models, and developing business plans.
Disclaimer -- We, our affiliates, and any officer, director or stockholder or any member of their families may have a position in and may from time to time purchase or sell any securities discussed in our financial publications. There may be instances when fundamental, technical, and quantitative opinions may not be in concert. Our associates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned in our reports. WSR is a consultant to the Company and has received $15,000 in cash and 60,000 shares of 144 restricted stock for due diligence fees and consulting services from February of 2007 through September of 2007.
FORWARD-LOOKING STATEMENT:
This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Security and Surveillance industry; the positioning of Axium products in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Axium Technologies can successfully develop new products and the degree to which these products gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
For more information on Axium Technologies, please contact:
Corporate Inquiries
Brock Malky
Insight Capital
724-742-4420
icccbam@aol.com
http://www.axiumtech.net
Report Inquiries
Wall Street Resources, Inc.
Paul Silver
772-219-7525
www.wallstreetresources.net
Sorry, than Matt has the problem. Thanks for correcting me.
glty,
g
That makes you an even bigger loser than I had imagined possible.
Why would someone bash a stock for 3 years with no apparent gain whatsoever, according to you.
And why the moderator let you return here has me suspect about the moderator as well.
your a complete joke.. what an empty life you must lead..
Pseeker's history.. what a JOKE!!
1st post: 2/18/2005 which stated::
"Ouch! Do you think they will implement the RS soon, or just up the A/S? It seems to be the trend these days to simply up the A/s to unthinkable levels so as to not upset the poor victims of these stock promotions. My guess would be they bump it up to a few billion instead of the R/S."
Outstanding shares at that time.. 250 Million shares.
Share price .006.
------------------
Last post: 4/16/2007
"His posts, as you well know, are always conservative", but they are usually about 95% wrong. Chech AMEP for "new eyes only" posts from a couple of years back, hilarious stuff.
Shares Outstanding ~500Milion.
Share price .059. (which equals about 1000% increase)
nice job psicker..LOL
If you share adjust the price its more like .118.
So, in conclusion, your time on this board is a complete waste of time.
If you need to respond to such a j#@ka$$, just repost the same thing over and over again. dont give him any new ammo to use.
Go AMEP,
glta, except pisseeker
Wow, looks like that financial PR came out as I wrote my last message this morning. See how patience pays off?!! lol
What a great day considering many buyers had to call in their orders.
I guess their weren't anymore scared cats...
Nice to finish the week on a good note.
GLTA,
g
Apparently all the people who got spooked by the online buying restriction have all sold. With no PR and no exposure to attract new investors, we all will have to sit and be patient until our day.
I bought my last allotment of shares earlier this week @ .047.
I graciously saved my ranting and raving for Ameriturd yesterday, felt good, I recommend it!!
glta,
g
did you call and ask why, try to confirm if its a company thing or a trading problem, they should tell you that..
If AMEP can break above .05, we could get a reversal if you look at a 3 day chart. That would be nice..
With this volume, we will probably get noticed the next few days. Could get interesting..
glta
g
A little more info..
I called again and they said if it was a company problem they would have restricted buy AND sell orders online.
I'm in for some more @.047.
Lets see waht happens..
glta..
g
I also put a sell order in @ .08, just for laughs..
you should see the frustration in my house!! lol
I still can't get over the fact that you can sell online, but not buy.
I have an engineering backround and when something is blatently not logical , it drives me nuts..
this is one of those times....
Just left a message with JC on his phone
972-386-0601
I suggest a few more phone calls..
this is getting rediculus..
.046
Mine is in Ameriturd, What they say and what they do, well, you know the rest...
.048.. anyone buying yet?
oh wait you cant online, you have to call, and bs on the phone for 5 minutes.. you place your order at .048..but it b/a changes before you place your order... you have to call again and again... how does this protect a stock?? I just dont get it. Who wants to protect a stock ..'from going higher??? who loses there? Ah, the shorts, which most of us can't do anyhow!!! arrghh!!! did I say I was pissed..
.0047 :(...
that is true, but not the point. Just the fact that sells are easier to do then buys makes it unacceptable. It sends up a red flag and people get nervous.. and sell,,.
Yes, I talked to rep this morning. It blew my mind... I am still livid..
TDA said they kept the sell active so if people need to sell quickly, they can. The words I used after he said that I can't repeat here.
At least its all or nothing. ATurd picks and chooses, I think thats worse.. To be able to sell and not buy online is BS. It took the guy at ATD a few minutes of my ranting to understand that. Don't know if it did any good. But I also encourage other people to complain.
TDA IS DOING THE SAME THING!!LOL
AXGI .37-.39
I just did. They said that their may have been some suspicuis activity so they restricted buying online, BUT NOT selling?? I asked him what kind of BS is that? They are sending out a red flag on our stock by doing that. Look what happened yesterday. AFTER they restricted buy trading online, it sells off with big volume. They created the problem!!! He said it could be on a few days or weeks, usually days. He couldn't give me a answer. The only other way to complain is thru the compliance division. Get this, you have to write a letter!!! LOLOL
What a fckin joke,, can you tell I'm pissed?? lol
Or, for the 100th time, is this another buying op??
GLTA,
g
If people use thier website, they might update it more. So, go on their and send an email explaining your concerns. Give your name and phone number and you might get a call back, thats what happened to me last year.
glta,
whats up with this not able to buy online sh%t? You can sell but not buy, is that really true?
wow, I tried to buy online, it wouldn't let me, but it let me place a sell order!! Unreal.. that cant be legal. no wonder were tanking. I will call Ameriturd right now. what BS.
freakin pissed..
nice find... looks legit to me.
Still waiting om some good financial info.
When it comes this stock should do very well.
hope it comes soon.
Volume drying up.. I dont like that to much..
glty,
g
AXGI.PK
website: http://www.axiumtech.net/
Interesting stock, some good info on th SI board. Just became public in Dec. 20M O/S. 5M in the float.
Waiting for updated financials. think it could make a nice run when that happens..
This one hasn't been discovered yet..
Introduction
Axium specializes in digitalized security systems and development of hub software to offer a “Full Spectrum of Digital Security Solutions”
Axium is at the forefront of the Security Industry, because we continually advance Security technology.
Axium has the revolutionary hub software that provides clients with single solution program to monitor and control various digital security equipments available at the current market.
Besides software, Axium offers a full line of digitalized hardware including unique graffiti detection system and digital video recorders, access control products, etc. Axium is truly a “One Stop Security Shop”.
Some current news::
PASADENA, CA, Feb 07, 2007 -- Axium Technologies, Inc. www.axiumtech.net (PINKSHEETS: AXGI) announced today updated financial guidance for 2007. The Company estimates that gross revenues will be $13.9 million dollars for 2007 with net margins of 33%. These expected results show improvement of 66% over the previously released guidance of gross revenues of $8.8 million for the year. Expected revenues for 2008 and 2009 have been revised upward to $20.7 million and $30.0 million, respectively.
Tuesday, December 19, 2006:
Axium Technologies Entered into an Agreement with CNB Technology Inc.
Axium plans to complete the integration of CNB’s hardware into Axium’s software by the end of June, 2007. It is expected that Axium would generate about $ 2~5 million of software sales revenue annually after completing CNB products integration into Maximum.
The only time I got a phone call back from AMEP is when I emailed them thru the 'contact company' part of their website.
So, I tried again just now, we'll see what happens.
This juncture separates the men(longs) from the boys. If you believe , you buy more. If you start to question, have doubts, give up, then you sell. Its crunch time. We are 40% off our highs, I would consider that a pretty good sell-off if you ask me.
Ctb, I understand your philosophy of not beating a stock your in , and, I actually agree with you their. Although I haven't followed that idea on this board as of late.
So, any questions I have with management will be emailed to management.
All that said , if it looks like a bottom tomorrow.
I'll buy more...
I still believe this stock just needs "the big update". Weak hands running scared..can't blame them. But I think they will be sorry in the long run.
I am here for the long run.
GLTA,
g
I guess AMEP must be on cup and string communication. LOL
Boy, is this gettin old , or what..
I won't vent anymore, I think we all have run out of excuses anyhow.
Company has great potential. It just has to prove that to its investors with some form of communication.
GLTA,
g
Looks like April 21st, 2006 is the last well update PR we recieved. Maybe they are waiting for the 1 year anniv. Got to hope for something!! lol
AXGI...starting to get some volume...time to buy is now...
only 5M in the float...
ok volume today, relatively speaking, we are due for another PR. Couldn't come soon enough, imo..
glta,
g