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>> but according to someone on this board, he was told last week by IR that filing and moving to amex is the Top priority. <<
If that is true then it is a 180 degree swing from just six months ago and I applaud the move. Also if true, there are a number of posters here, who ridiculed me for pounding on this point, who now owe me an apology since I will have been proven to be correct all along.
>> STEHSUCKER, do you see the quarterly qtig share distribution playing a role in such a merger plan? thanks. just curious and trying to figure out how it all works. <<
Nope, it plays zero part. The distribution was part of several failed attempts to stampede the naked shorters. These hairbrained schemes were hatched by the same brilliant advisors that are telling Peter that filing and moving to the Amex are not high priority issues.
Sold some, not enough apparently... but thanks for the heartfelt concern. Good luck with the pom poms.
>> Stehsucker. Hopefully you've voted with yours by now and will have eliminated any reason for your being here haranguing us with your ceasless petulant rants. <<
Yes, I have heard that we signed an iPod compatibility agreement with Apple... of course, I've heard many things over the years that have turned out to be hype, exaggeration or simply fiction. The info comes from a well placed source, but that doesn't mean it's true... I'm hoping it is as that would really give Sunncomm some credibility in one fell swoop and the pps could finally get some traction.
As negative as you all no doubt think I am, I still have way too big a position here to desire anything but absolute victory. I just don't like being played and thats what I feel the last year represents with my relations with Sunncomm... again, would love to be proven wrong.
First step in being taken seriously is to behave seriously and that means get the corporate house in order.
Prospective customers want to have confidence you're going to be around and Macrovision doesn't have to sell anyone on this issue... big advantage regardless if you guys want to believe so or not.
Despite all the cheerleaders here who plead the case daily and ridicule anyone with a negative view, shareholders are voting with their feet.
Sunncomm had a narrow window to play David to Macrovisions Goliath but it's looking like they squandered the lead and share holders are sensing it. I do believe the universal press release was the catalyst and not SHO.
The only thing that could turn this around would be an Apple contract that would restore confidence that Sunncomm hasn't totally blown it. Anyone playing the odds wouldn't be betting on that.
As I have repeated numerous times, if we screwed around long enough we'd give Macrovision time to get back in the game... it is they who have the money and the resources to make mistakes and still win. This is one reason the larger company usually triumphs over smaller opponents.
I am glad I sold in the 7's and 8's, I just didn't sell enough!
Rezz, really appreciate having you here and look forward to your contributions to the collective knowledge (or lack of) database that this board strives to represent
This would either be accomplished with QTIG purchasing Sunncomm outright or more likely a merger in which for every unit (lets call it 10 shares per unit) of current Sunncomm shares you possess you would receive in it's place 1 share of QTIG.
This way your percentage ownership remains the same but they are able to shrink the total number of shares. You personally lose some share leverage in number of total shares, but your percentage ownership of the company remains exactly the same.
>> At this stage the more the media pay attention to this problem <<
I have been emailing detailed explanations in somewhat concise format to various media outlets, including the cable news outlets and Elliot Spitzer for well over a year now. To date I have had zero response, fwiw.
I know several former SEC attorneys and they have little good to say about their former employer. I do not believe that they operate to the best interest of the small shareholder but rather the larger broker/dealer network.
Interesting to note the migration of former SEC staff into high paying private jobs within the Broker/Dealer system. Draw your own conclusions.
There are simply too many shares and I suspect there will be more before we're done, so a reverse of some sort is just logical and doesn't have to be a bad thing if done at the right time... of course the likely outcome is that they will back the Sunncomm shares into QTIG in some sort of ratio 1:10 or even 1:20, rename the entity and stick it on the Amex.
At least that's how I'd do it so you get a reverse without actually declaring a reverse and the corporate structure looks a whole bunch sounder so it's easier to attract fund money.
I hope you are correct... I'm just not sure this really meets that threshold stipulation nor does it seem to me to be the same deal as we inked with BMG.
I suspect everything hinges on Apple and at least we have going for us there that they apparently are none too happy with Macrovision. Still, business is business and the less risky choice is Macrovision. IMO that's what we're fighting and another reason for us to behave and look as much like a real company as soon as possible.
>> now that we've signed Universal. <<
We haven't signed Universal... we've signed an agreement that if they DO decide to sign with us, we'll be the first to know.
SHO was always going to be fired for effect only. If you have ever spoken to anyone at the SEC as I have, including the author of SHO, they do not really believe there is a naked shorting problem.
Most of this belief is based on their days to failure measurments that they believe give them an accurate portrayal of the naked short situation on any given stock, when in fact this measurement does not provide an accurate picture and is easily manipulated, circumvented by the large hedge funds through a technique known as desking... something btw, the author of SHO had never heard of prior to my conversation with him.
Desking is simply the transfer of shares electronically from one hedge fund to another in order to refresh the certs so as to avoid triggering the days to failure alarms.
I would also say that the real culprit in all of this is the DTCC that derives a vast amount of revenue from aiding and abetting this destructive process known as naked shorting.
However, in the end the real defense against this practice is simply to build a real company, one that files on time or at all, is run by reliable stewards recognized on the street as having experience, skill and integrity and has a realistic working business model with increasing revenues.
Microsoft is not heavily naked shorted for a reason, nor is IBM or countless others. Naked shorters are like wolves that prey on the weak, sick and lame. If you want them to leave the cure is rather simple and does not require government intervention to accomplish.
Of course alj14 will simply find a spelling or grammatical error and label me a 'basher'
Oh my gosh.. head of the spelling & grammar police made a mistake?
I guess if you're a cheerleader mistakes are simply innocent technical errors. Nice double standard.
>> embedded in over 8.9 billion DVD, VHS and CD units representing over $130 billion of protected entertainment content. All DVDs "protected" with Macrovision are easily copied... ha, their protection is a joke! <<
130 billion is a joke? What does that make Sunncomm??
Careful... that post might be construed as "insulting" Peter or Sunncomm and then AJ will have to threaten you or worse, find a spelling error
>> Didn't you announce you had every good intention of going back to "lurking" for a while? <<
Sure did with the proviso if there was news... there was news and frankly as already stated, I thought it was good news... not that I have to justify anything to you.
>> It seems you just can't give the board a rest! <<
I haven't posted in many many months and now a couple of days is characterized as this? It's no wonder cheerleaders like you are able to distort facts or even lack of them, into fanciful sugar plumb theories.
I think we may actually be on the right track for a change but the proof will have to be revenues and not conspiratorial theories hatched up by those so desperate after a year of nothing real or substantial, that they will concoct almost anything to support their position and denounce anyone else not drinking the Koolaid.
>> So, do you think huge amounts of money, by smart mofo's, will be put into this before the amount of CD's goes up or now when the price is right! Don't make me start quoting Bruce Lee now! <<
"Sunncomm is like water... poor Sunncomm into a huge hole in the ground and Sunncomm BECOMES the hole"
- Bruce Lee
No one on Wall Street is going to plunk down sizable "big money" into a non-reporting, non-blue skyed, pink sheet crap shoot. Sorry Sparky, just ain't ever going to happen until they fix the corporate mess.
Maybe that's why I keep harping on the corporate issues???
"Ding Ding DING... what do you have for them Johnny?"
>> Stop wasting our time and go back to RB where you bash best. No other reason to bash except long MVSN <<
To be fair, all of the points he brings up are valid and not bashing... I should know, they're the same points I've been expousing for a year here.
The 10 million doesn't bother me, it's trend lines that are most interesting and as essentially a software company, we can ramp from 10 million to a billion overnight if the powers that be (Record Labels) will it.
The paradox here is that we have this incredible potential and at the same time this incompetent management. Usually poor management would suggest failure but we do have this incredible potential... will it ever be realized? Will it be enough?
Longs certainly want to believe it will and as a result give Peter and company a pass on practically anything regardless of how bizzare (Universal press release) and further more are willing to read into things far more than is really warranted.
450 million shares is going to have to be compacted into 45 million or less one way or another, so hold on for an eventual reverse of some kind. I'm guessing even with extremely positive news that the ride is severely bumpy for the next year.
And please stop labeling anyone not gulping down the koolaid, as "bashers". There are ligitimate issues surrounding the company and that's why we enjoy a .07 cent share price.
>> PR is just another excuse to clean up Pete's latest screw up. <<
At the risk of actually defending the company, I'll just say that Peter had committed previouslty to updating shareholders on shippment status and this would seem to be just that. There also seems to be some hints embedded within the release, such as the Sony mention and the 101.
Finally, I agree the 10 million is paltry at the moment, however you have to start somewhere. It would not be reasonable to think any large label is going to go from 0 to all CD's encoded with MediaMax overnight... these folks have proven to be slow and methodical over the years and so the adoption process could be expected to take more time than overnight.
Btw I think the figure is presently closer to .03 cents per CD
Yes, excellent details. With some reservations I'm actually feeling the old optimism returning.
We still need:
1.) iPod compatibility
2.) A few Universal CD's
3.) Nasdaq or Amex listing
4.) Fully reporting status
5.) Merger of Qtig & Scmi
6.) Revenues
we get any three off of that list and we're home free imo...
For the record I've never said Macrovision had better technology, what I have consistently said is that they have both cash and credibility and as such they are a very real potential threat and all the more reasom for us to get our act together corporately.
Fortunately for us, Macrovision has made numerous enemies throughout the CD and DVD industry through a unique combination of greed and arrogance.
I'm actually shocked... that was a well written and meaningful press release
NEWS
SunnComm’s MediaMax Copy Management Technology is Included On a Record 10 Million CDs in North America
In 2004, MediaMax™ was used almost every time a record company commercially released a copy managed audio CD in America
PHOENIX, AZ — January 18, 2005 — SunnComm International, Inc. (OTC: SCMI), the U.S. leader in digital content security and enhancement for optical media, announced today that it has eclipsed 10 million CDs featuring its MediaMax copy management and enhancement suite of products. More than 25 record labels with 75 commercial releases throughout North America used SunnComm’s MediaMax technology last year. SunnComm’s president, Peter H. Jacobs, says, “Our growth in sales in 2004 represents more than a 50-fold increase over our previous year. Record companies using our MediaMax technology get the CD content protection they need while consumers are treated to value-added MediaMax features they’ve never before experienced on a CD.” Jacobs concludes, “SunnComm dominates our market space in North America by listening carefully to our record label partners and to the people who buy the music. SunnComm adapts, and adapts very quickly.” SunnComm earns royalties for every CD that integrates its MediaMax technology.
continued...
The following parody is for amusement purposes only and in no way should be taken as a real or factual press release regardless of how gullable you may be.
SunkComm Hopes to Sign Agreement for Potential Use of Its MediaMad CD Content Management and Enhancement Technology by Apple iTunes Inc™
Las Vegas, NV — April 1, 2005 — SunkComm International, Inc. (OTC: SUNK), the developer of MediaMad™, the most widely used audio CD copy management and enhancement technology in at least one town in North America, announced today that it might just possibly be considering entering into an agreement with Apple iTunes Inc™, assuming the leader in iPod music may someday choose at some point to elect to use its MediaMad technology. SunkComm would hopefully then receive a royalty from Apple iTunes Inc™ should Apple every decide to use the technology. MediaMad™ is not currently one of several technologies under review by Apple.
"We are delighted by our relationship with Apple. Today, we think MediaMad is probably the undisputed leader of CD copy management and enhancement technology in at least one town in America, but we're not really sure about that either. Our latest version of MediaMad, Version 5, puts us one step further ahead of our competition and has a really neat sounding name with the addition of the number five" stated SunkComm president Peter L. Jacobs.
One out of every 400 million music CDs purchased last year were protected with Sunkcomm's MediaMad products, according to IFPI (http://www.ifpi.org/site-content/library/piracy2004.pdf). This is a huge number considering that there were well over 2.4 billion audio CDs sold worldwide in 2003. Meanwhile, huge song-swapping services which trade in pirated music such as KaZaa have been having a banner year.
The current Version 5.0 of MediaMad is state-of-the-art technology that requires pressing not only the shift key but now the Tab key as well in order to defeat Sunkcommm's proprietary and cutting edge On-the-Fly Technology™. "We believe most casual users will not have the manual dexterity to depress two keys at once but we are readying MediaMad6 that in addition also requires depressing the Caps Lock key, just in case" says acting CEO, Peter L. Jacobs
Jack T. Ripper, special entertainment industry consultant to SunkComm and to SunkComm's exclusive marketing arm, QuietKitty, Inc. (OTC:QTUG) (www.quietkitty.com) was responsible for bringing SunkComm to Apple and for negotiating the agreement to agree on any future agreements that the two companies might agree upon, assuming they are both in agreement.
ABOUT SUNKCOMM:
In just five short years, SunkComm International Inc. (OTC: SUNK) share price has gone from $1 to nearly .07 cents. "We are proud of our achievement and promise our shareholders more of the same going forward. Just relax and enjoy the ride!" says CEO and President, Peter L. Jacobs. MediaMad is used on some of today's best selling music including 30 copies of Velvet Revolver, which reached the #1 spot on Billboard's Top 200 Album Chart in addition to other gold and platinum best-selling releases that MediaMad is not used on. SunkComm earns royalties on every CD manufactured with its MediaMad Technology and uses those revenues to cover printing expenses associated with issuing additional Sunkcomm shares to the public.
MediaMad is state-of-the-art technology which features SunkComm's proprietary On-the-Fly Technology™ - giving the consumer an easy legal method of circumventing copy-protction of licensed CD music they would otherwise have to purchase, without the record labels finding out. MediaMad also includes SevereBurn™ - SunkComm's extraordinary new technology that also doesn't really do much and isn't being used by anyone either.
Company contact:
Edward E Nueman
800.555.5555
MadMagazine.com Investor contact:
Investor Communications Consulting
800-555-5555
losses@investorcc.com
MediaMad CD3, On-the-Fly Technology, PromoPlay, TuneShare, MusicMail, Severe Burn and SunkComm are registered and/or trademarks of SunkComm International, Inc., in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners or may in fact mostly be completely ficticious.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
We look forward to 100% adoption of MediaMad & SevereBurn everywhere music plays or is listened to.
Back to lurking...
This should be my last post for a while(unless in the unlikely event we get real news). Here's hoping for our collective ships to come in and for me to be proven completly & utterly wrong in my criticizm of management.
To show you just how duplicitous Sunncomm management can be, over a year ago I was told that BMG's contract was nearly up with Apple (for iTunes) and they were going to pressure Apple to embrace SecureBurn™.
The logic was of course, why would BMG pay for copy-protection and then allow Apple to sell the same songs but minus any copy-protection.
Now if you WANT to believe this then it all sounds wonderful and reasonable... it's just that after you've been told things like this and then they don't ever happen or happen differently than they led you to believe (Universal) then a reasonable person begins to doubt the veracity of anything else stated by this same party (Sunncomm management).
What possible motivation would Apple have in granting us iPod compatibility, something they have denied countless others... what's in it for Apple?
The answer of course is: Nothing
But that's not what we WANT to believe since we are invested in this and keep waiting for the ONE big piece of news that will finally get this turd up and running.
We were sold the potential and sold by management that despite all appearances to the contrary, things are actually secretly going extremely well. Of course you only have managements word for that since not a single scrap of actual evidence supports anything other than the concept that MediaMax to date has been very tepidly embraced in a try-and-see approach by one major label. (BMG) that has yet to commit to anything more than a few albums.
Anyone recall the predictions of BILLIONS of CD's in 2004 foisted on us by management?
We supposedly conducted an independent audit over 2 yrs ago... while we were told they would file this "any day now". I'm still looking for it but have had no luck discovering where they hid it.
I'm looking forward to the next shareholders meeting where there will be enuendo that Universal is about to fully deploy MediaMax5 wink wink, nudge nudge and of course rumors of Apple signing "any moment" will be all over the meeting.
FWIW I was told Apple signed off on the iPod compatibility three weeks ago and that Apple was going to be putting out a press release regarding this... of course I was also told at the same time that we had signed Universal and that the press release was going to be coming from them.
I've also alternatively been told at various times that we were looked at a possible buyout by:
Microsoft
Macrovision
Apple
GE
And of course there are the now famous "get shorty" tactics and plans that I'm sure everyone has either heard or witnessed... all to no avail as usual.
I was once a believer in the company and what I was told and even posted to that extent, fully accepting the lies I was being told and yet here we sit and as far as I can see, nothing has changed in two years.
I see people here with the same zealous zeal that I once possesed and believeing that their ship is going to eventually come in with this investment.
Good luck with that...
** CON GAME: Definition: [n] a swindle in which you cheat at gambling or persuade a person to buy worthless property
The "facts" are that up until a week ago those in the know were being told that this release would come FROM Universal and that it would be a full roll-out of the product with plenty of fanfare to accompany it.
>> "Universal is far more committed than the PR indicates. It’s just lawyer, fear-drivin’ stuff that sometimes gets in the way. We’re moving ahead just fine." <<
I believe anything Peter says... just show me one example where Peter has ever mis-stated, mis-represented, lied, exaggerated or twisted the truth in any way...
Uhmmm, well ok, then show me two
If you are not a cheerleader here then you are a "basher"... get off this thread if you don't have some myopicly sunny view to share regarding the company, our esteemed leader or how the drop in price is really a good thing because you can buy more
>> and some very smart consultants <<
I know these people and that description of them is absurd and unwarranted.
>> Management has made the decision not to reveal the details regarding this plan until they happen because doing so might jeopardize the plan´s effectiveness.<<
Don't you love the cloak & dagger stuff? As if there is some black Ops helicopter just waiting to snatch Peter away and interogate him until he reveals the secret of Dark Noise (wouldn't we ALl love to hear about that?)
Btw leading up to this joyous release I was told the pr was going to come FROM Universal and that they would be doing a massive immediate full deployment unlike BMG's cautious slow motion rollout.
Of course I was also told this release was coming out LAST Christmas (2003). I was told Dark Noise would revolutionaize copy-protection. I was told we would "get" the shorts. I was told Sony was "in the bag". I was told we would have Kiosks in Wal Mart in 2003. I was told we would do a billion CD's in 2004. I was told Microsoft was our partner. I was told we would be purchasing 1st for Internet. I was told we would soon be filing. I was told we would release an independent audit (in 2002).
Frankly I was told so many things that I can't recall all of them and I find it really amusing when I see the longs here defend the establishment as if the establishment somehow has their best interests in mind... of course people in Russia defended the Soviet Union for years too.
Actually I think comparisons with the Evil Empire are pretty accurate the more I think about it. Don't blame me for todays vol, I only dumpd 200k today... looked like anxious longs were heading for the exits today on the heels of this latest sunny pr release
>> Why in the world would Universal put out a PR in the first place, if they had no intention of implementing the agreement? <<
Not to nitpick, but Universal didn't put out the release, Sunncomm did and it speaks volumes to me that they couldn't even find a Universal underling to make a comment in the release which of course is industry practice.
I've been hearing this Universal stuff for well over a year now (from the company)and to see this release is beyond disapointing. I truly hope that this turns into something but even if it were real, the stock will go nowhere until they fix the corporate issues that continue to haunt us.
All of the cheerleaders on this thread should step back and really listen to Stehisit for a change... he has been right for over a year and you all have been completely and embarrasingly wrong
yeah but no one is listening to him... you'd rather believe in the tooth fairy
I stopped reading this thread because of all of the pumpers here and I can see nothing has changed... Stehisit is still the only one calling a spade a spade, everyone else appears to be on vallium
Sunny, the only thing worse than a paid basher is a paid pumper... why don't you leave the board to rational adults and spare the board your pump&dump nonsense.
Everyone is upset over the most absurd PR release in memory and with Sunncomm thats saying a lot. Yet you come on here last night pumping this to the hilt and branding anyone not drinking the koolaid as a "basher"
Why don't you share with the board how many shares of Sunncomm you were given to continually do this?
>> If a company has a string of PR`s they will most of the time put the weakest first. <<
Well, I don't think it's possible to have a weaker PR than this, so so far your theory is right on
Yeah, where's Sunny pumper?
Because like you I hope for a better exit price... thanks to people who will swallow almost anything I expect them to once again hype this back to .15 to .20 cents
Btw I did sell nearly a million shares today since you ask, but that remains a small portion of my position. Thanks for your concern.
When was my point of view proven false? On the contrary everything I said nearly a year ago has been, sadly, right on target.
Listen, I'd love to be proven wrong but two years of the same nonesense has caused me to become somewhat jaded... then fluff releases like todays don't do anything to alter my viewpoint.
There is a potential here that I don't believe will ever be realized due precisely to lack of actions from management... how am I supposed to feel about that?
There was a time I believed everything they told me but there were ultimately so many contradictions, falsehoods and exaggerations that in the end their word, at least for me, lost all credability.
They have revenues... what praises are you singing about on scmi?
Btw, I have no position in Macrovision despite your obvious suggestion that I do. I am simply a disgruntled long here who isn't mesmorized so badly that they can't discern facts from BS
Mindless adherence to a point of view repeatedly proven false is no sign of intellect my friend.
How would we know? Real companies don't put out releases like this one
Good point, I probably worded that poorly in response to what I perceived as pure ubadulterated hyping by that sunny poster.
When I first read the release today I had to look at the calendar to be sure the date wasn't April 1st.
Here's what worries me... we have other players trying to catch up to where MM5 is and at least one of those is well funded and a major player in the copy protection business. The other is a company that we were once supposedly going to purchase and perhaps others as well.
Our grip on the market is tenuous if not non-existent and I fear that wasting time as we have has allowed our competitors to catch-up. I guarantee there would not be a moments hesitation in using Macrovison technology assuming it was acceptable but the same still can't be said for Sunncomm.
The more Sunncomm puts out press releases like todays, the less confidence i have in anything else they say. The answer for the naked shorting problem was to build a real company and we failed at that... for the time being we're getting an assist from SHO as the naked shorts leisurly cover some massive short positions.
Peter is actually a great guy who inherited an enormous mess and has done what is necessary to correct it all and build a real company. Unfortunatley though he has accepted horrible advice from people not qualified to give it.
Peter is to be applauded on the one hand for what he has accomplished up till now but it is on his watch that the company continues to refuse to become a good corporate citizen and this will prove to be Sunncomm's undoing imo.
Wall Street will never take you seriously if you are not dressed for the dance and we've shown up in a torn and tattered dress with grease stains all over it... no one's gonna dance with us.