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Perhaps the NEW holder has no intentions of converting at this level, if at all.
Mobile Tag launches its new mobile application: The Universal reader
News
17/11/2009 - Universal reader
Mobile Tag launches its new mobile application: The Universal reader
Mobiletag is a unique mobile application that decodes all the barcodes *…
…And even more !
*The world standard barcodes decoded:
1D :
EAN -UPC
Datamatrix:
Flashcode – Codes non flashcode = Web direct and URI tel and sms
QR code :
Specifications DOCOMO
The codes non docomo = Web direct and URI tel and sms
SOON available on Androïd, Iphone, Blackberry, Symbians, Windows mobile, java…
See you soon with mobiletag!
http://www.mobiletag.com/en/actualites.php
Sorry formula problem 25.7 balance.
9159 Series C left face value of $9,159,000 as of 11/16.
As of September 30, 2009, 12,141 shares of the original 22,000 shares of our Series C preferred stock have been converted into our common shares, leaving 9,859 shares,
On October 13, 2009, 300 Series C preferred shares were converted . On October 19, 2009, 100 Series C preferred shares were converted . And on October 23, 2009, 300 Series C preferred shares were converted .
August 14th actually but nothing since. 26M balance on the debentures, due July of 2010 and subject to early redemption.
Obviously from events subsequent to the end of the quarter (they finished the period with 74K) and after 9/30 that have not yet been disclosed. I'm thinking Neustar, Bems, Scanbuy....
There is absolutely no incentive for anyone to let this fall below a penny now. How does our financier make any money if they let the value fall below par. Thanks for your insight but as always, I will make my investment decisions based on my own DD and investment strategy.
I am buying today here's why:
6.7 million dollar reduction in face value of the Series C. More importantly thats minimally 670,000,000 shares that I thought would eventually hit the OS that will not.
dilution is slowing down, 127million (approx) increase in OS from last report
10Q 5/15 The number of outstanding shares of the registrant’s Common Stock on May 7, 2009 was 1,799,867,143.
10Q 8/14 The number of outstanding shares of the registrant’s Common Stock on August 11, 2009 was 2,048,912,609. +249 million
10Q 11/16 The number of outstanding shares of the registrant’s common stock on November 9, 2009 was 2,176,040,904.+127 million
Shift in conversions from Series C to debentures this quarter.
On October 13, 2009, 300 Series C preferred shares were converted into 30 million common shares. On October 19, 2009, 100 Series C preferred shares were converted into 10 million common shares. And on October 23, 2009, 300 Series C preferred shares were converted into 30 million common shares.
Debenture Conversion - On October 26, 2009, $321,000 of the $550,000 face value convertible debenture dated April 6, 2009 was converted into 30,000,000 shares of our common stock.
Altogether a 7 million dollar reduction in debt but more importantly the underlying shares associated with those instruments.
Grand total debt now stands at around 36 million plus interest and for the first time I see it as possible to contain all the debt and potential conversions within the AS of 5 billion.
There are roughly 1 billion in warrants that, if exercised, will minimally return 10 million to the treasury so bottom line as I see it is net debt stands at no more than 26 million.
There has been zero additional YA funding since August 14th so it is apparent that revenues are being recorded.
I can see a small light at the end of the tunnel!!
Unilife Lodges Form 10 with the US Sec
Precursor to NASDAQ Listing Application
As previously announced by Unilife Medical Solutions Limited (ASX: UNI / OTCPK: UNIFF), following the proposed redomiciliation of the Unilife group in the United States of America (Proposed Transaction), the new parent company of the Unilife group, Unilife Corporation, will seek a new listing on NASDAQ in addition to a listing on ASX.
The Directors of Unilife Australia are pleased to confirm that the process for the NASDAQ listing has now commenced by way of filing a Form 10 registration statement for review by the US Securities and Exchange Commission (SEC), a precursor to applying for the NASDAQ listing. The Form 10 is available on the SEC's website at:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001476170&owner=exclude&count=40
The NASDAQ Stock Market, known as NASDAQ, is an American stock exchange that is the largest electronic screen-based equity securities trading market in the US. Many companies listed on NASDAQ are focused in the technology, financial services, resources and biotech sectors. Unilife's Directors believe that the redomiciliation and proposed NASDAQ listing may offer the following key advantages to current and future shareholders:
Increase the potential US-based demand and liquidity for the Unilife group's securities. Comparing the companies listed on the ASX to those listed on NASDAQ in the Health Care Equipment & Services sector where the Unilife group is categorised, as at 10 November 2009 there were:
- over 70 companies listed on the ASX in this sector. The total market capitalisation of these companies was approximately A$25,540 million with an average market capitalisation of approximately A$355 million and a median market capitalisation of these companies of approximately A$14 million;
- over 200 companies listed on NASDAQ in this sector. The total market capitalisation of these companies was approximately US$125,737 million with an average market capitalisation of approximately US$605 million and a median market capitalisation of these companies of approximately US$178 million;
- the price to earnings ratio for those companies with earnings in this sector listed on NASDAQ is significantly higher than those companies with earnings listed on the ASX in this sector, as at 10 November 2009;
Allow potential US investors who are currently precluded from investing, or will not invest, in non-US listed companies such as the Company to invest in Unilife Corporation's securities;
Potentially broaden and diversify the Unilife Group's shareholder base;
Attract greater interest from US investors by having an SEC compliant and NASDAQ listed entity heading the Unilife Group; and
Enhance the Company's visibility in the US and internationally.
Comments by CEO Alan Shortall
"It has long been one of our key goals to list Unilife securities in the US. Having broadened our capital base with the recently completed capital raise and receiving further support from our Australian based shareholders, we are now in a strong position to achieve this goal and take advantage of its anticipated benefits. I believe a US listing on a prestigious market like NASDAQ sends a strong message that Unilife has arrived, and is ready to compete on the world stage."
Shareholder / Analyst Enquiries:
Australia: Jeff Carter (Ph: + 61 2 8346 6500)
United States: Stuart Fine (Ph: + 1 908 469 1788)
Unilife Lodges Form 10 with the US Sec 34.46 Kb
Unilife Medical Solutions Limited
UNITED STATES
633 Lowther Road
Lewisberry, PA 17339
United States of America
AUSTRALIA
Suite 3, Level 11,
1 Chifley Square,
Sydney 2000 NSW Australia
8% for the Series C 10%-15% for the debentures = no change
I couldn't agree more, best news in a very long time.
PS my hat's off to Clawman, YJ and others, you guys were right all along on the below par issue. My sincere apologies for being difficult on this matter. I wanted to believe what you were saying, but the filings were saying the opposite. Good to see the Co/YA acknowledge the law for a change.
The number of outstanding shares of the registrant’s common stock on November 9, 2009 was 2,176,040,904.
Where did the Series C go? I was expecting at least 15k remaining.
Series C convertible preferred stock, $0.01 par value, 30,000 shares authorized, 9,859 and 19,144 shares issued and outstanding, liquidation value of $9,859 and $19,144
Edit:
Here it is, this is a big deal!
As of September 30, 2009, 12,141 shares of the original 22,000 shares of our Series C preferred stock have been converted into our common shares, leaving 9,859 shares, with a face value of $9.9 million outstanding. During the quarter ended September 30, 2009, there was a change in the estimate of the number of shares of preferred stock which were converted. During the period from February 2008 through April 2009, the trading market price of our common stock (and the conversion price) was less than its par value. We are limited to issuing shares of common stock at no less than the par value, and all shares of our common stock issued in those conversions were issued at par value. However, the methodology used to estimate the number of shares of preferred stock converted during that time was based upon the value received for the shares issued, with the difference between that value and the par value recorded as a deemed dividend. Effective September 30, 2009, the methodology used to determine the number of preferred shares being converted was changed such that it was no longer dependent on the market value of the common shares issued. The number of common shares issued did not change because we consistently issued those common shares at a price no lower than par value.
The Series C convertible preferred stock is currently classified outside of Shareholders’ Equity in the mezzanine section of our balance sheet. The change in estimate in the number of shares converted resulted in a reduction in the preferred stock outstanding of approximately $5.6 million, and a corresponding reduction in the accumulated deficit of $3.0 million related to the deemed dividends, and $2.6 million recorded as an increase to additional paid in capital.
On October 13, 2009, 300 Series C preferred shares were converted into 30 million common shares. On October 19, 2009, 100 Series C preferred shares were converted into 10 million common shares. And on October 23, 2009, 300 Series C preferred shares were converted into 30 million common shares.
Not my day lol, I give up on being first to notice oddities also!
Seems odd that they say its based on Scanlife yet gives instruction to download Neoreader.
I give up on trying to be first to post from an alert! Nice job
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Follow the prompts to download NEOREADER.
Use NEOREADER to take a picture of any 2D barcode. (To use Neoreader, open the application, focus your cell phone in front of a 2D barcode and snap as if you're taking a picture. Neoreader will automatically take you to the related landing page.)
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Just keeping tabs here, not sure what this is but this looks like some sort of notice of appeal. It is now on file at the EPO.
Pops or anyone, can you help with my understanding? TIA
AR is going mainstream but just getting started.
http://www.esquire.com/the-side/augmented-reality
With 490 boardmarks in this forum, I would venture to guess that there would be about 490 different responses to the question -
If an offer was tendered tomorrow for NEOM as a whole, in the amount of $1 Billion, how much would each share of common be worth after consideration for the debt instruments?
I've got my number, do you have yours?
Nokia smart phone will scan barcodes to compare prices Finnish firm hopes phone that allows shoppers to find best prices or homebuyers to book viewings will help it catch up with iPhone
Abhinav Ramnarayan guardian.co.uk, Tuesday 10 November 2009 17.47 GMT Article history
Nokia's research centre in Helsinki. The company is hoping its scanner application will increase its visibility. Photograph: Antti Aimo-Koivisto/AFP/Getty Images
Nokia is set to launch a new phone that will enable consumers to scan a product at the supermarket and compare the price with other stores instantly, or even order the same product online if cheaper.
Nokia's Point and Find software allows shoppers to use the phone's camera to scan barcodes and images, and access additional information on the product or service. The Finnish company is linking up with price-aggregating websites, such as PriceGrabber.com, which compare the price of products from different stores.
The software expands an existing service: barcodes are used in Japan to allow users to look for additional information with a swipe of the mobile phone, such as cinema times from a poster, or flight prices from a tourism ad. But these depend on information provided by the maker of the product being scanned.
Some independent developers have attempted to make scanner applications for the iPhone and other platforms but most have been slated in online forums for their inaccurate scanning and lack of efficiency in providing information.
Nokia claims to circumvent these problems because its smart phones have higher resolution cameras with automatic focusing, which makes it easier to scan the image, and the tie-up with aggregators allows the user to compare retailers.
"Unlike other applications, it also allows the scanning of both 2D and 1D barcodes," a company spokesman said. Uni-dimensional barcodes are the typical type found on products, while two-dimensional, or QR, barcodes are slowly spreading as they can hold more information and be read faster. "We are also the first to tie up with price-aggregators to give you an instant response from a trusted source."
It is to launch next year in all European countries. A test version is available in the UK but the full version will be launched soon and come pre-loaded on the phone. While it can only be accessed on high-end devices with internet capability, the company said that within the next two years half of all mobile phones in the UK would meet these criteria.
The company is also looking to push other benefits of the product: it is linking up with property developers so potential homebuyers can scan a house for sale and instantly access more information, book viewings or contact the present owner.
"It integrates GPS [global positioning system] with the camera – so even if the house looks similar to another, the GPS pinpoints the location of the user and matches it with the picture of the house," the spokesperson said.
The company will be hoping that the product will increase its visibility in the mobile phone applications sector. Apple's iPhone has much better brand-recognition in the west, while Nokia's Ovi suite is still relatively unknown.
Purnima Kochikar, who manages the developer community for Nokia, said: "We do have a challenge in terms of improving how customers see our applications, though we have done very well in creating an ecosystem for the [applications'] developers."
http://www.guardian.co.uk/business/2009/nov/10/nokia-barcode-scanning-smart-phone
Nokia announces barcode scanning smartphone
11th November 2009 by Matt Dixon
Nokia will be releasing a new software application for its next-generation smartphones that will allow users to scan barcodes by taking a picture with the phone's camera.
Working in conjunction with price comparison sites online, the application will allow the user to discover more information about the product and find the cheapest prices.
Barcode scanning has already been implemented by third-party developers on the iPhone, but experts and users have criticised the apps for their lack of accuracy and functionality.
A Nokia spokesperson claimed that the company would be circumventing such issues because its new handsets would feature better quality cameras with autofocus.
It is also hoping the service will benefit from the official partnerships with price comparison websites.
Nokia's Point and Find software will be able to scan older 1D barcodes, as well as the increasingly prevalent 2D codes which contain more information and afford quicker scanning times.
It is also expected that the Point and Find software will extend its functionality into previously uncharted territories.
Using the software in conjunction with the built-in GPS will allow users to take a photograph of a property that they see is for sale.
The application will then be able to pinpoint their location and provide the user with information about the property, as well as offering the user a chance to book a viewing and contact the estate agents.
When the Point and Find application is released in 2010 it is intended to raise the profile of mobile software on Nokia's handsets.
At the moment Apple's dominance in the West with its App Store has all but consigned Nokia's own Ovi download service to obscurity.
A Nokia spokesperson stated that although it had been somewhat sidelined by the popularity of the iPhone, it is now developing its own mobile apps software and a retail platform to make it attractive to developers.
http://www.top10.co.uk/mobilephones/news/2009/11/nokia_announces_barcode_scanning_smartphone/
Repost from CLNE website detailing the effect of NG prices and revenue/margin.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36810877
16,064 Series C remaining as of last report - 10Q
As of June 30, 2009, YA Global has converted 3,576.1 shares of the original 22,000 shares of Series C preferred stock, leaving 18,423.9 shares, with a face value of $18,423,900, outstanding, as follows:
On July 21, 2009, July 23, 2009, July 29, 2009 and August 4, 2009, 250 shares, 169 shares, 1,000 shares, and 941 shares respectively, of our Series C preferred stock were converted
http://www.sec.gov/Archives/edgar/data/1022701/000114420409043809/v157990_10q.htm
Subsequent Events
Secured Convertible Debenture - On July 15, 2009 and August 14, 2009, we entered into additional Secured Convertible Debentures with YA Global for principal amounts of $535,000 and $475,000, respectively.
http://www.sec.gov/Archives/edgar/data/1022701/000114420409043809/v157990_10q.htm
In case anyone is wondering - yes I am done researching 3+ year old NEOM sec filings late on a Friday evening, and am headed out to get weetawded in the great city of Nashville Tn. Hope I don't run into anyone named Raymond cause he's in jail
We hold more than 40% of voting shares btw
All I can say is that "A man doesn't know what he knows until he knows what he doesn't know"
"Change in Control" of the Company has occurred when: (i) any person (defined
herein to mean any person within the meaning of Section 13(d) of the Securities
Exchange Act of 1934 (the "Exchange Act")), other than the Company, or an
employee benefit plan established by the Board of Directors of the Company,
acquires, directly or indirectly, the beneficial ownership (determined under
Rule 13d-3 of the regulations promulgated by the Securities and Exchange
Commission under Section 13(d) of the Exchange Act) of securities issued by the
Company having forty percent (40%) or more of the voting power of all of the
voting securities issued by the Company in the election of directors at the
meeting of the holders of voting securities to be held for such purpose; or (ii)
a majority of the directors elected at any meeting of the holders of voting
securities of the Company are persons who were not nominated for such election
by the Board of Directors of the Company or a duly constituted committee of the
Board of Directors of the Company having authority in such matters; or (iii) the
Company merges or consolidates with or transfers substantially all of its assets
to another person; (iv) a change in the Chief Executive Officer of the Company
from that person that serves in such position on the date hereof.
http://www.sec.gov/Archives/edgar/data/1022701/000114420406007024/0001144204-06-007024.txt
http://www.law.uc.edu/CCL/34Act/sec13.html
Probably 95.01% of the currently OS common. 0% of the series C.
BC, I went back and listened to the last CC and IM did say that the patent was revoked and they were in the process of appeal. He indicated a time frame of several months for conclusion and expressed confidence in the outcome. 30 minute mark thereabouts.
http://neom.com/cc20090902.php
Interesting to watch the MM's work. I currently have a fairly large AON order in and they have dropped the ask well below my bid.
Edit: just got filled
CEO interview available here.
http://www.unilife.com/index.php?option=com_docman&task=doc_download&gid=81&Itemid=76
Houston, we have a problem. I presume they will appeal. Guess ya can't win em all!
https://register.epoline.org/espacenet/application;jsessionid=E9C3816CC4597F6FD024AC72DDCC3BA5.RegisterPlus_prod_0?number=EP96923352&tab=main
https://register.epoline.org/espacenet/application?number=EP96923352&tab=doclist
http://www.ficpi.org/library/montecarlo99/opposition.html
http://en.wikipedia.org/wiki/Opposition_procedure_before_the_European_Patent_Office
Does anyone know how to investigate the status of the European oppositions?
SYSTEM FOR USING ARTICLE OF COMMERCE TO ACCESS REMOTE COMPUTER
Publication number: EP0832453 (A4)
Publication date: 2000-09-27
Inventor(s): HUDETZ FRANK C [US]; HUDETZ PETER R [US]
Applicant(s): NEOMEDIA TECH INC [US]
Classification:
- international: G06F17/30; G06Q30/00; G07F7/02; G06F17/30; G06Q30/00; G07F7/00; (IPC1-7): G06F17/30; G06F3/06; G06F13/00; G06F17/60
- European: G06F17/30W5B; G06Q30/00A; G07F7/02E
Application number: EP19960923352 19960619
Priority number(s): WO1996US10592 19960619; US19950000442P 19950620; US19950538365 19951003
PRS Date : 2006/09/20
PRS Code : 26
Code Expl.: - OPPOSITION FILED
OPPONENT NAME : SCANBUY, INC.
EFFECTIVE DATE : 20060811
PRS Date : 2006/09/20
PRS Code : 26
Code Expl.: - OPPOSITION FILED
OPPONENT NAME : BOUYGUES TELECOM
EFFECTIVE DATE : 20060811
PRS Date : 2006/09/20
PRS Code : 26
Code Expl.: - OPPOSITION FILED
OPPONENT NAME : SOCIETE FRANCAISE DU RADIOTELEPHONE
EFFECTIVE DATE : 20060812
PRS Date : 2006/09/20
PRS Code : 26
Code Expl.: - OPPOSITION FILED
OPPONENT NAME : FRANCE TELECOM
EFFECTIVE DATE : 20060814
PRS Date : 2006/09/20
PRS Code : 26
Code Expl.: - OPPOSITION FILED
OPPONENT NAME : MTAG
EFFECTIVE DATE : 20060816
PRS Date : 2006/11/01
PRS Code : NLR1
Code Expl.: - NL: OPPOSITION HAS BEEN FILED WITH THE EPO
OPPONENT NAME : SCANBUY, INC.
PRS Date : 2006/11/01
PRS Code : NLR1
Code Expl.: - NL: OPPOSITION HAS BEEN FILED WITH THE EPO
OPPONENT NAME : BOUYGUES TELECOM
PRS Date : 2006/11/01
PRS Code : NLR1
Code Expl.: - NL: OPPOSITION HAS BEEN FILED WITH THE EPO
OPPONENT NAME : SOCIETE FRANEAISE DU RADIOTELEPHONE
PRS Date : 2006/11/01
PRS Code : NLR1
Code Expl.: - NL: OPPOSITION HAS BEEN FILED WITH THE EPO
OPPONENT NAME : FRANCE TELECOM
PRS Date : 2006/11/01
PRS Code : NLR1
Code Expl.: - NL: OPPOSITION HAS BEEN FILED WITH THE EPO
OPPONENT NAME : MTAG
http://v3.espacenet.com/publicationDetails/biblio?CC=EP&NR=0832453A1&KC=A4&FT=D&date=20000927&DB=EPODOC&locale=en_EP
Given your logic why wouldn't the price be below $.01 since the bulk of the fixed conversion price is .01 not .02?
at .01 - $18,551,401
at .02 - $7,475,000
$26mil plus interest and 10% premium to pay the debentures off early, I don't see YA letting go of the Series C anytime soon, IMO
http://www.sec.gov/Archives/edgar/data/1022701/000114420409043809/v157990_10q.htm
Arpvrp, question for you, why would NEOM even consider an early redemption of the debentures given that they mature in July of 2010, any early redemption carries a 10% premium, plus YA has the option to convert the redemption into common? All of these YA options disappear on the maturity date unless I am missing something. Even if NEOM had the cash, IMO they would wait until the maturity date to redeem these instruments as they need to put themselves into a self sustaining position and those funds would be better used elsewhere in the mean time. IMO the language relating to the early redemption below fixed conversion price is irrelevant, thus the $.02 cap you have been pointing out is not a factor in my mind (btw several of those instruments carry a fixed conversion price of $.01). I have long since conceded that the full AS is spoken for, and such have set my PPS target price at what I believe to be the value of the company with 5B OS and that value is well above $.02. What do you believe the Co is worth right now? How about next year at this time? TIA
The current issue of MIT's Technology Review magazine featues a section sponsored by IBM with 2D barcodes:
http://www.graphicartsonline.com/article/366908-Publications_Go_Deeper_Online.php
Mobile Commerce World USA is a conference of strategy, innovation and partnership for retailer/brand owners, banks and telcos
No other forum in the United States will bring together the entire value chain to discuss how to unlock the potential of mobile commerce, discuss emerging technologies, determine what business models are working today, and what’s in store for the future.
Pre-conference workshop: Monday, November 2nd
--------------------------------------------------------------------------------
MOBILE MARKETING AND ADVERTISING
8.15am Registration and morning coffee
9am Why mobile? Why now?
• State of the market and outlook for 2010 and
beyond
• Why is mobile slow taking off in the US?
• Online vs. mobile: similarities and differences
10.15am Morning networking break
10.45am Mobile marketing 101: The basics
• What you need to get started in planning and
launching your multi-channel mobile marketing campaign
• Evaluating success and measuring ROI
• Mobile advertising business models
• Establishing a mobile brand
• Integrating your mobile campaign with the
rest of your branding initiatives
12pm Networking lunch
1.30pm Employing emerging technologies and applications to achieve maximum potential
• Using location-based services to strengthen your campaign
• Taking advantage of the capabilities of mobile carriers and handsets and getting carriers involved in your campaign
• Assessing the value of the various types of widgets and apps
• Mobile coupons
• Advances in barcode technology
• What emerging technologies will shape mobile marketing and advertising in the future?
2.45pm Afternoon networking break
3.15pm Driving customer engagement through a successful mobile marketing and advertising campaign
• Personalizing the campaign
• How mobile marketing can build closer relationships with customers
• Using social media to engage customers
• Ensuring the privacy of your customers
• Strategies for targeting your detailed target customer profile
• Brand-customer interaction strategies
4.30pm End of workshop
http://www.terrapinn.com/2009/mcwusa/programme.stm
Real world deployment of 2d codes pictured below. Make a contribution by scanning the code.
http://springermountainfarms.com/Merchant5/merchant.mvc