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LOL , yeah , that's one way of looking at it I suppose.
"WHAT NEWS???"
NEOM put some 'news' up on their website , two 'newses' (lol) actually. No PRs that I've seen though , unless they were PR'd overseas somewhere.
jonesie
"thanks to CF for conceiving/creating MC2"
CF did that? I never heard that said before. CF dumped his shares on the market while pumping and watching NEOM tank. CF may have even dumped some of them with very suspect timing. I can't bring myself to thank CF for anything other than providing a lesson in what lengths some otcbb CEO's/execs will go to in order to enrich themselves.
"thanks to CH who was directly responsible for uniting GSMA and OMA"
In The World According To Chip , anyway. I got a big laugh out of what was apparently Chip's 'form email letter' that he sent to anyone who emailed him right around the time of his departure. I know I got one , and several others did as well. Identical. His great "Let it be known ...." speech will enjoy infamy I'm sure.
"and bringing them into the MC2 fold"
Don't see GSMA/OMA here in the fold at all: http://www.mobilecodes.org/
"These will be the 2 predominant 800lb. gorillas battling it out"
Okay , I see you saying GOOG will be one of them "GOOG will have a formidable rival to contend with, as GOOG proceeds with Androids' ZXing launch this 3Q08."
And the other 800lb gorilla?
jonesie
Is the news 'out there' anywhere ....
... where anyone besides neom.com website followers and ihub neom board readers can see it?
TIA
jonesie
Rezonanze and OgilvyOne Worldwide Malaysia ...
... that sounds better than our first strategic partner in Asia.
May 22, 2007: "NeoMedia Technologies Announces Strategic Partnership with Avanzare Solutions" "a Singapore-based company"
======================================================
This has probably been posted, if so, sorry. Lots of "Neo" out there!
http://www.ogilvy.com/neo/
Learn More about Neo@Ogilvy
Contact NeoInfo@Ogilvy.com
Join the Team
Contact Neo.Recruiting@Ogilvy.com
The Future of media is now.
A fully integrated division of OgilvyOne Worldwide, Neo@Ogilvy is a full-service digital and direct media company servicing blue-chip clients such as IBM, American Express, Cisco, TDAmeritrade, SAP, Allstate and Yahoo!. Neo@Ogilvy provides clients with a full range of digital and direct media planning and buying, search marketing, research, analytics and emerging platform services.
Search rules.
NeoSearch@Ogilvy is the search marketing division, making Neo@Ogilvy one of the only companies with true global search marketing capabilities. NeoSearch@Ogilvy provides clients with a deep capability in both paid and organic search marketing that brings greater accountability, ROI and performance to every marketing initiative.
“Big ideas that cross all media channels”
“Digital media and search marketing are high growth businesses and ones that must be closely aligned with the creative process. As part of the Ogilvy network, we are uniquely advantaged to work in partnership with Ogilvy companies to deliver big ideas that cross all media channels for our clients.”
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Global CEO
Neo@Ogilvy
================================================
Hope everybody had a great 4th weekend!
jonesie
Hi jaybird, welcome aboard
'the productopn(sic) results' have yet to tell us exactly what is going on , since TIV has only provided actual production numbers through February ....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30294555
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30294698
But you are correct , the forecasts are indeed rosy , along with those (temporary?) progressively higher daily rates they have put in PRs.
IMO , if TIV publishes actual production numbers which show sustained daily production close to some of those numbers in their PRs , things could get really interesting. They have two venues for publishing such numbers , via DOGGR (which is where the numbers in the two tables linked to above came from) or via SEC filings such as 10-Qs. With TIV taking the Confidentiality route with respect to the wells which are supposed to be providing the bulk of new production , we may well have to wait for the 10-Qs before we , and the forward-looking market , can try and figure out what's actually going on.
Congrats on your quick TIV trade from 6/16 to 6/18. Are you back in?
Playing the Russell-related jump has worked pretty well for 4 years now. Even though the PPS on Reconstitution Day hasn't gotten nearly as high as it did in 2005 , at least this year it was 39 cents higher than it was last year .... and there has been plenty of tradeable volatility in the weeks leading up to Recon. Day each year.
2005
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29759119
2006
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29760828
2007
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29771547
2008
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30375309
Hope everyone had a great July 4th weekend!
jonesie
Hmm , wonder what 'non-final action' means?
Wonder what effect this could have on the status hearing on 'a date' in July?
Wonder if NEOM took off early for the weekend?
LOL , wonder wonder wonder wonder - WHO! Who wrote the (end of the story) - with apologies to The Monotones
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
cjzak , ditto on listening to one's gut feel ...
... shoot , according to this post of mine I had started my Cornell-tracking spreadsheets in Feb 2006 LOL. Seems like the proof was in the percentages and in black and white , er , black and red.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=13046507&txt2find=
And I know I was putting them on the board here somewhere between Feb and September '06
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=13051604&txt2find=
Agreed. Very disappointing. And it really was all so clear to see .... how could we not?
jonesie
Right. Another $1MM to $2.5MM ...
... using BE's $45MM and $100MM sale price examples.
So ... I'm hard pressed to see where we common shareholders come out making money from where we are today on a sale.
BE's examples have us most likely getting nothing on the minimum sanctioned sale price ... and maybe getting us .004 at a $100MM sale price.
Shoot , Bena's rumour was momentarily worth more to the share price than a $100MM dollar sale price might be LOL.
JMO
jonesie
Thanks , bleedingedge ...
... for providing the more knowledgable details to what I was trying to provide as an overall concept of what we might get out of a sale.
Yuk. Your details make for an even worse scenario than I had?
Well , maybe net-net about the same. I had said "we could get as little as slightly under a penny per share at a sales price of $200MM."
And you said at a $100MM sale price the deal would go down at .004/share. Pretty close , and mine is close for probably the wrong reasons lol.
But you totally wiped out my $45MM scenario , because where I said "If Yorkville were somehow 'stuck' with the 5 billion Authorized Shares number , $45MM / 5B yields $0.009 per share. We'd all get cashed out 3X above where we are now .." .... you just showed how we'd probably just get .... nothing.
Thanks again , that's good input. Well , not 'thanks' , criminy what a mess , but ... you're right. Yuk.
jonesie
"and the options, preferred shares, etc"
Therein lies the answer , if you add 'warrants' in as well. You got it.
At prices down here and even higher than here , Yorkville has the rights (during a buyout ; without a buyout ; as a way of establishing percentage ownership ; to invoke during shareholder votes ; etc etc etc) to convert those Preferreds and warrants. They are theirs. They are valid financial instruments which Yorkville owns , and they are worth something.
So , at the (toxic, death spiral) conversion rates in all of those SEC filings , they easily have rights to way more than the remaining Authorized Shares. WAY more. THAT is their way of getting their investment back ... in any company they finance.
Kinda like how NEOM owed the subs way more shares and cash than anybody would ever have dreamed .. due to solely to the guaranteed value of what the subs were supposed to get ... and because of the declining share price.
Same thing with Yorkville. The lower the PPS , the more shares they can convert their financial instruments into ... and the more shares they can convert into ... the higher their percentage ownership of the company.
Ergo ... 'toxic death-spiral financing'.
That 'stuff' ... and YAGI's rights .... don't go away simply because the company gets sold.
jonesie
That's what I thought, personalizit.
I wasn't around when that particular bit of 'news' was apparently bandied about ... so I couldn't speak with certainty. Thanks for confirming.
Where DID that rumor come from? And when was it? And what sort of PPS action associated with it?
jonesie
That would be easy enough using the format I laid out, Elliot
However, using the OS alone has no bearing whatsoever on the reality of the situation nor on how a sale situation would be resolved into what's owed to various entities (Yorkville, common shareholders), so I'll leave that particular math exercise to you or someone else to go through.
regards,
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
We were told that NEOM turned down such an offer.(edited)
Did the company ever state that publicly? Seems like such an offer would have been a significant material event and as such would have required at least a PR, maybe an 8-K , if not a full vote by shareholders , and perhaps even a mention in a quarterly and/or annual filing.
See the below link as an example:
(edited to fix link):
http://ih.advfn.com/p.php?pid=nmona&cb=1215098229&article=25754053&symbol=N%5ESMTK
Whether or not a several-years-old 'mystery offer' would affect a 2008 sales price or not ... I don't know.
Obviously from the simple math I've done along with some speculation , I am of the opinion that we certainly do 'have to worry' about the total AS. Yorkville is certainly due at least 4B shares (the difference between the AS and the OS) via their Preferred, Warrants, etc. Moreover, that 'fully diluted' section is put in 10Q's or 10K's for a reason. Yorkville will want to be compensated to the maximum possible legal limit ... which is why I have put together several posts illustrating how they could in fact maximize their 'percentage ownership' of NeoMedia through various tactics.
JMO
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
"They play on the assumption you'll think it's up"
Kind of like 'playing' with the implications in Iain's employment contract , throwing out that $200MM sales number?
IF selling NEOM is Iain's primary mandate , how would that sales range ($45MM - $200MM) work out for us?
If Yorkville were somehow 'stuck' with the 5 billion Authorized Shares number , $45MM / 5B yields $0.009 per share. We'd all get cashed out 3X above where we are now , and Yorkville's 4B shares would give them $36MM.
Yorkville might work a bit of magic and somehow take advantage of the substantially higher number of shares they have rights to via Preferred, Warrants, etc , at these low prices per share. In NEOM's own filing they said the fully diluted share count was 9.6 Billion and that was when the PPS was .008 .... so maybe that would be a little lower if NEOM got sold for .009 per share , perhaps closer to 8.5 Billion , leaving Yorville 7.5 billion after accounting for our 1 billion.
Perhaps Yorkville could vote-and-pass an increase in the Authorized to 10B. Take that $45MM sale price and divide by 8.5 billion shares , that would give a per share sales price of about $0.0053 and would give Yorville around $40MM ... $4MM higher than if they were stuck with the 5B Authorized.
Add in a third option of first doing a reverse split which would allow Yorkville to convert-and-own their maximum percentage of NEOM .... we'd be left with an even smaller amount to divvy up , Yorkville would be even closer to getting it all , and potentially leave us with as little as $0.0018 per share at a $45MM sales price.
Of course , if Iain could pull off a miracle and sell NEOM for $200,000,000 .... everything ratchets up accordingly.
If Iain did that , and then by another miracle they decided not to totally rip off us shareholders .... $200MM / 5B = $0.04 per share for everybody , Yorkville would get 4B times $0.04 or $160,000,000 .... and call it a good day.
If Yorkville maxed-out their percentage ownership by utilizing that R/S or some other magic .... we could get as little as slightly under a penny per share at a sales price of $200MM.
Or something like the above! :)
Just playing with some of the assumptions they're playing with us ... with. lol
jonesie
Interesting view?
jmo -jonesie
NOTICES TO DRILL, RE-WORK, ABANDON
0 notices for Tri-Valley for week ending 6/21/08
ftp://ftp.consrv.ca.gov/pub/oil/weekly_summary/2008/06-21-2008.pdf
0 notices for Tri-Valley for week ending 6/28/08
ftp://ftp.consrv.ca.gov/pub/oil/weekly_summary/2008/06-28-2008.pdf
302 days since the last hard news about core NeoMedia.
(Other than breaking news like who has access to the executive washroom this week.)
"This financing will allow NeoMedia to launch their aggressive new global sales and marketing initiative in response to the rapidly expanding global demand for camera-initiated transactions and active mobile codes.
A significant amount of funds will be deployed to build world class sales and marketing activities."
302 days ago.
Amazing.
800K share trade at .003 (at Ask) pre-market
Hit that Ask!
I don't get it either.
Maybe someone who bought on the rumor stepped back and thought "was she even talking about NEOM?"
lol, who knows.
NEOM was pretty solidly on the 'buy side' all day until that last 2MM shares.
http://ih.advfn.com/p.php?pid=trades&cb=1212454133&symbol=NB%5ENEOM
LOL , not so fast!
I suppose it hinges on what 'really is' is. Or something like that.
Brutal day. But volatility is swing-traders' paradise. For those like SA12 who go long and short , $6 to $9 and back to $6 in 12 trading days is quite the return when you annualize it.
jonesie
DAILY CHART
Oh well. Maybe another little ascending triangle. Who knows lol
jonesie
NeoMedia looking for a Corporate Controller
I guess to report to Scott Womble.
http://jobview.monster.com/GetJob.aspx?JobID=73437778&JobTitle=Corporate+Controller&q=neomedia&rad=20&rad_units=miles&cnme=atlanta&sid=24&brd=1&cy=us&vw=b&AVSDM=2008-07-01+08%3a51%3a00&pg=1&seq=1
PREDICTIONS CONTEST UPDATE
Current production (Nov. '07) 117 BOEPD (DOGGR)
Current production (Feb. '08) 120 BOEPD (DOGGR)
Predicted production by 6/30 3000 BOEPD (SF)
Predicted production by 7/30 1200 - 1500 BOEPD (GS)
Predicted production by 6/30 1033 BOEPD (LB)
It's July , a potentially huge month for NEOM!!
Sometime between now and July 31 we might actually see the USPTO Status Hearing and/or the Status Report sent in by NEOM 10 days in advance.
AND , once we get July out of the way we will be into August awaiting the Conference Call which Iain told Bena he would have.
JMO
jonesie
SureFire, if history repeats ....
.... you could well be right about the short interest being higher. The graphic below shows the large increase in short interest from before Russell Recon. Day to after Russell Recon. Day in 2005.
I'm not sure what reporting category 'able to produce' falls into. Hopefully we'll eventually get a clearer picture of what TIV is actually producing on a daily basis and if it comes anywhere close to their anticipated numbers , or as we say here in the South , their fixin' to numbers , it should cause the share price to appreciate.
JMO
jonesie
Hey geo , welcome back.
Hope you had a good trip! I have no idea re: what brokerages are offering.
So far the post-Russell-buyin-day trading action is similar to what we saw in 2005. However some of the price movements leading into this year's Russell Recon. Day were decidedly different from 2005.
jonesie
2008 RUSSELL-RELATED PPS/VOL + SHORT INT.
So far , anyway.
RUSSELL MARKET CAP. RANGES OUT NOW
$167,000,000 in Market Capitalization was the minimum TIV had to be above.
http://www.russell.com/Indexes/membership/Reconstitution/US_cap_ranges.asp
EXCERPTED:
Market Capitalization Ranges
Russell U.S. Equity Indexes
Index membership and rankings are determined using total market capitalizations
as of May 30, 2008.
Market Capitalization (in millions)
Securities Hi Lo
U.S. Indexes
Russell 3000® $468,981 $167
Russell 1000® $468,981 $1,363
Russell 2000® $2,751 $167
Russell 2500™ $6,819 $167
I think that about covers it.
1. We might win , we might lose.
2. We lose.
3. We win.
BLOCK TRADES
Interesting. I was doing something else late in the trading day so I wasn't watching the actual fluctuations in Bid/Ask prices and sizes.
However , this captures some interesting detail , such as large Asks out there later in the day. (Note: Multiply Bid/Ask Size by 100 to get the actual numbers.)
For instance , at 3:50PM ET there were 118,700 shares on the Ask at $8.19. That actually started at around 138,000 shares about 30 minutes earlier in the day.
jonesie
Russell Volume
Wow.
And on top of the significant volumes last week and this week.
It's always amazing to me how block trades can be arranged , including one as high as 999,200 shares , that don't change the PPS any more than they do.
Amazing that today closed at a price lower than the recent high of $9.73 and lower than recent closes of $9.13-9.15. Who was BUYING at those prices , and why?
It would also be interesting to know who was selling the big blocks to the Russell-buyers today.
Next week should be interesting as well.
JMO
jonesie
This is a really nice bounce/run-up ....
.... from that quick high-$6's drop.
Decent volume too.
The trading volume has risen from just under 80K shares/day in the 90-day ADV to nearly 400K shares/day in the 10-day ADV.
Can't wait to see what happens at the close and/or immediately after hours.
jonesie
lol , GMTA I suppose.
I certainly agree with you.
Parse , people , parse.
JMHO
jonesie
Hmm, perhaps.
As I said yesterday , or the day before , they most likely do now have a better shot at some decent oil/gas production than they've ever had before.
But even in this PR , there is still wording like this:
"The most recent production test was made to measure facilities capabilities in anticipation of establishing a stable production rate in the 2,000 BOED" (area? range?)
Sounds to me like they are still anticipating having stable production at that rate. It's what they are saying. Clearly.
And once again they raise a question by putting out a PR of this nature ... why exactly keep March , April and May production hidden from shareholder view? (Not to mention non-disclosure of Feb. results until DOGGR hounded them)
Their continuous stream of PRs touting anticipated or temporary flow rates certainly belie any desire for secrecy from competing lease-buyers.
And as their continuous PRs show , they do in fact know very well exactly what their production was for all of those months .... yet they choose to use a reporting technicality which allows them to PR such numbers , within ambiguous language , without actually , dare I say it .... proving them.
JMO
jonesie
RUSSELL RECONSTITUTION DAY
This is the day.
The preceding two weeks have certainly been different from the corresponding two weeks in 2005 , the year TIV was added to the R3000/R2000. Who knows what will happen today lol
As I recall , in 2005 there was a very large trade which printed after 4pm.
As Confucious' trader cousin said , "May you live in volatile times."
LOL, good luck to all!
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
"I won't vote for him"
But Yorkville probably will. They like JJ. He leaked bogus 'info' that helped get/hold the share price up. He said a shareholders' letter full of visions and goals was 'good news'.
Just hard to know if he said it with a straight face or not LOL
jonesie
The Weekly Chart also shows the up/down volume ....
.... fairly well so far.
(Wow, back down to the upper downtrend lines in both the Weekly and Daily charts.)
jonesie
I think it has been geo who has pointed out ....
.... several times in the past that it generally takes a lot more volume , and longer , to push the price of TIV shares UP than it takes to bring it down.
~2,500,000 shares over 6 days pushed TIV up from low $6's into $9's , and $9's were seen for 3 or 4 days.
~800,000 shares so far has dropped TIV to low $7's in 3 days.
Just FWIW
jonesie
I would have thought so too , lefty.
Back in 2005 there was action similar to last week's and earlier this week , including a bit of retracement. But last year the week enjoyed a 4-day run-up into Recon. Day.
Perhaps some of SA12's comments as to what all could be going on with index-related buyers shed some light on it. And perhaps a different kind of 'deal' is being worked out this year.
Unless something changes , e.g. , some fresh news out from TIV , this year's possible fallback from the Russell-high could be starting at a lower point than in previous years.
Hey , TIV got some extra visibility early this week via Motley Fool in two articles. Maybe most reading those article and taking a peek decided to short TIV? lol, who knows. The one group sure to be happy about all of this red is the group including any strictly-indexed Russell-related buyers who have yet to buy in. They've gotta be loving this.
JMO
jonesie
.<font color=#006400>MONTHLY GAS PROD. TABLE UPDATE
Gas Production table updated through February 2008.
Note the increase in average monthly (estimated) net revenue dollars vs the 2007 average.
jonesie