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Knowlesmsn:
you recently stated I have no connection to CyberKey other than money
Could you clarify that statement in terms of simply holding your 5-million shares, or do you (1)have any business vendor relationship now with Cyberkey Solutions or Jim Plant, or one planned for the future (2) have you entered into any partnership with Cyberkey Solutions or Jim Plant such as silent partner and providing financial backing, or loans to Mr Plant or the company?
Your position IMHO is more than "innocent until proven guilty" in your support of Mr. Plant, the company's future and your incessant efforts to discredit Sequiam's biovault aka keepsafe, along with telling us as shareholders we have no vision or understanding of the company, its technology and future. The vision only you and Mr Plant seem to understand especially after you met with him March 9th.
whiteshadow: you ought to see the details of Plant's bankruptcy, the self-annoited visionary CEO....
1999 income $36,000.00, 2000 income $45,000.00 and 2001 income of $6600.00. Total assets of $3035.00. Total debt of $45,904.00. A judgment by RC Willey. His job was listed as sales with AGATG of San Jose for 6 months. Date of filing 01-29-2001.
Follow that up with judgements against him and Cyberkey in 2003 by Tom Heaton for more than $67,000.00. Then he also hooks up with Krauthheim, Flinders also filing bankruptcy.
All from the visionary businessman as CEO of Cyberkey Solutions...what's all this tell you about his qualifications?
fancybr: an alleged confession yet nobody here admits seeing it or reading it, but just impies there is one. Now if they are speaking of her possible deposition, then I'm under the impression those documents are sealed by the court presently, but if "someone" is leaking that to person(s) here then just add to the list of infractions.
Knowlesmsn: how do you know they are doing nothing...just because you have not seen official papers filed? Alot of assumption on your part as we speak. Why not just call them? You have time, but maybe don't want to hear the answer.
Fishman444: then why your dissertation on business and multiplayers?
Knowles: I see the product listed along with alleged software such as that for the Enduro but it is not obtainable. I've asked Sally for it direct, and zippo. The other software I personally have no use for, but Iomega offers some nice software but only for active disk enabled drives. So, the question is...are all drives sold by CK enabled with active disk, and I find it unusual that CK would not advertise this active disk license on thier drives. But I imagine you have an explanation for that from Jim, as you have much more insider information that I do on it obviously.
You have the right to call and inquire as to Sequiam's position on your question, and I feel they would be happy to answer your inquiry as they did with mine.
Fishman444: IMHO and logically we can safely assume there would be others involved as you outlined. However, the only person charged to my knowledge to date is Jim Plant. This does not preclude others from being charged, but until such time then it is solely Jim Plant unless you can bring DD referencing charges against others.
Incorporation: Does anyone know if Ck is an S-Corp or a C-Corp?
Janice: I find it more odd the CK never informed investors of no DHS contract, the DHS cease and desist requests, the alleged accounting errors last November, no receipt of $18m : ))))
Right now their web site says large federal government agency...okay....which one is it selling to now? Deja Vu.
ToddWho2: no problem. Figured most are busy right now with the holiday.
keepfaith: I believe the warrants come due in a 1-2 year timeframe but someone may have an exact time. Management will now have to produce, but I think this helps them focus on marketing/sales rather than being concerned about a default and cash flow for operations.
Dickmo: My optimistic scenario was simply that as a hypothetical, as some believe I am too harsh and have been for months. I wanted to hear their (optimists) solutions if they truly belive all the alleged positives exist.
The U.S. Districy attorney's office out of Philly is handling the prosecution. His name is on the recent motion posted the past day or so on the message board. I believe his last name is Tsao...or you can google the eastern distrct US attys office.
ToddWho2: let's play optimist for a moment and say Ck has (1) confirmed patents like DRM (2) confirmed contracts with some non-govt entities (3) limited yet positive cash flow (3) prospects on the horizon via active disk and software solutions as proposed by Knowles (4) an actual business plan (5) budgets and forecast (6) defined support staff etc. (7) something to sell that consumers/businesses want and need. Generally, some basic viability to succeed.
Who would you want to run it all? Mr Plant or a reputable and experienced executive management team? Honestly, there are many investors here from different business and professional disciplines that IMHO could run the company better if assembled as a team.
So what are your thoughts on viability and future success, and who should lead it?
Analystslie: Agreed...other financing alternatives would not have made a good bedfellow, and simply as you state a short term fix. I lean toward the positive on this one...just have to get the tire marks off me from the CKYS hit and run!
ToddWho2: sorry you can't reconcile. I can't reconcile why I didn't get out before the 5th either except I hoped to lessen my losses at the time as my average was higher than most I assume, then ended up losing it all by waiting too long. My prolific positing as you state is no more prolific then all of those who pumped daily, did a play by play of daily trading like a sporting event, smack that ask and to da moon, and chart crap. Besides it took quite a long time to gather all that DD. Didn't happen overnight. Heck more and more comes to light each day even now. If investing was rational, then most of us would not be here today with losses.
Caly: it certainly did to me and others as well. Yet those who really didnt want to hear anything negative about CK truly dismissed it at the time, and we were marked as traitors/bashers. I finally went directly to the NIST/CSE to get a clarification and the response was FIPS 140-2 was a DEFINITE requirement on devices/software for sensitive yet unclassified data, and NSA handled the classified testing/certification. Additionally, if the GSA found out otherwise on govt purchases, well.......not good.
Ice: yep, and a couple still want more proof. Doesn't matter except to show the real reason Sequiam issued the notice of default...lack of CK funds to pay for the product, and not because the vault blows up or disintegrates with a hammer blow.
Analystslie: I agree for the most part, but when one sees so much gravy on the potatos, then one has to wonder and be a tad cautious.
ToddWho2: You are correct. It needs to be certified or needs to provide its certification application to initiate a potential purchase, but the purchase would be pending until the certifcation is approved for obvious reasons, according to information sent to me.
Caly: The FIPS 140-2 certiifcation requirement has been discussed at length many times. Mr Plant's response which was wrong was the vendor, not the device, must be certified. Emails I received from the NIST/CSE clearly confirm the device must be certified at security level 1 to 4 to be used for sensitive yet unclassified information, and the NSA (National Security Agency) tests and ceritifes for classified information.
Bottomline, suspected non-certified devices being sold to federal government entities for the aboce stated uses need to be reported to the GSA for investigation.
Knowlesmsn: can we get back to the active disk discussion...see below?
Fairdeal: you beat me to it...you are correct.
Knowlesmsn: Now we are making some progress. In March 2003, Ck got a licensing agreement with Iomega to use Active Disk which is a proprietary platform by Iomega which explains why Sandisk is not mentioned as it developed U3 which is obviously a competitive platform. However, there are several fine applications developed for Active Disk. Now, a question is are all CK drives Active Disk enabled or is CK only placing it on drives for particular segments versus the entire consumer market?
Ice: that's allot of sweetener in that deal for Biometrics..I mean 60m+ shares for .01 each...pressure is on Sequiam to produce revenue now...got a break on the default, but really have to perform within the next two years
Vault video:
Knowlesmsn: I dont doubt you had the conversation. I wonder why you were the chosen one when I and others requested such information from Mr Plant, and were always ignored starting back last November.
I would like to know if he is on the CK payroll, how long he has been employed, where he lives (mainly Utah or a city in India), and exactly the information he provided to you....what you call the "vision"...and Knowlesmsn, none of us can see something NEVER shown or revealed by the company...Good grief.
I don't need visions, iced tea or koolaid. I want the cold and hard facts as to what has been developed in the hardware and software....not concepts, not wishful thinking, not visions....what is available RIGHT now and is being utilized.
Knowlesmsn: Strange how JP allowed you access to an alleged engineer working on development when myself and others have tried without success to get Mr Plant to reveal what can be construed as material information directly impacting the company in reference to it alleged technology.
Who does this engineer work for? Who is paying him? Where is he located? What exact "marriage" of hardware and software did he address with you?
Now Invest: Oh, I agree. I would love to know exactly what is going on with the company in terms of the company's present financial status, stability, future viability, recovery of our losses etc. Problem is the company won't release any information on its financial status or future prospect of survival. If you have a way of getting that information, then go for it and let us have it too.
Discussion on the vault ( alleged defects) is by some IMHO an attempt to impugn the reputation of another company (Sequiam) which CK resold its product, and divert attention from the fact that CK simply did not, and does not have the money to pay for its purchase agreement.
Knowlesmsn: I have the video on my PC. I'll try to find the link
Vault Video: I have a video of it being hit by a 2lb sledge hammer about 18 times and it did not explode or break open. Also, Hank at SCE told me the keepsafe was driven over by a truck when he did the investor's video and the keepsafe was not damaged.
You want to see the video then PM an email addy.
Robtff: yikes, breach of security at Ebay, and he must be a nice guy not to be upset with you hacking into his account. Thanks for the explanation.
Knowlesmsn: finally I agree with you on something..."i never knew why Plant went that route...really it has nothing to do with data products."
knowlesman: I'll take a look at it.
Robtff: No, I understand the limitations of it and I accept those limitations for home use. I know there are other safes. My ex had a sentry, took two of us to carry it or move it, required a combination and key and was fine for items one didn't want quick or continuous access too. I also have another gun safe which is a pain to access especially in an emergency, but very secure from breaking into it...not impossible though. Anything I do not want burned, stolen etc is in a bank safety deposit box, as no home safe is as secure as a bank safety deposit box.
I'm defending the product in terms of what its stated capabilities are....safe storage and resistant, and for my purposes it is safe for what I keep in it. I am not opposed to the company. I am opposed to Mr Plant running it.
Madmax6; 2 da moon! : ))))) maybe it should be 2 da jail !
Robtff: please show me any written specs that claim the keepsafe or biovault are rated to withstand hammer blows, fire, water, crowbars etc. I find no claims to such. It weighs 23lbs, not 100lbs of reinforced steel. I have no problem with it, and I'd have no problems if I had children in the home either.
The one who promoted it as being resistant to crowbars, jackhammers and chainsaws was JP in his commercials. IMHO, JP oversold it to GMA to get his face on TV and GMA determined it did not match up with JP's claims versus any claims or alleged defects caused by Sequiam.
Robtff: there is no "unknowingly" to it Robtff...all you have to do is go back and hear the words right out of his mouth about receiving $18m, AFs being reviewed, the PRs he approved on DHS contracts, signing off on bogus UAFs...sorry nobody is going to buy a CEO NOT knowing what was going on in the business..except maybe you and Knowles.
Dickmo: I see it pretty much as you do too. JP has no leverage with the prosecutors and if they want to motion for a delay, then JP and his attorney would be foolish to challenge it IMHO. Also, an indictment can have many counts to it and the prosecutors are just building on it, and JP if he cooperates may get a lighter sentence in a plea agreement IMHO.
Fairdeal: I have one too and really like it. I keep my handgun in it without concern along with some other items of value. I personally never expected it to withstand a drop from a 60 story building, or a hammer attack. Secure enough for my household and extremely convenient access.
Fairdeal: I'm not the one claiming it is defective...that comes from Knowlesmsn. I've read the specs that Sequiam has put out and it simply says "resistant" and does not claim to be damage proof, smash proof, hammer proof, chainsaw proof or crowbar proof, fire proof. The concept of not breaking into it was implied by the commercial made by CK with Fingers using a chainsaw, crowbar and jackhammer.