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Pacer update! Markman hearing in Oct? Am I reading that right??
I'm hoping you meant kick instead of kiss lol
Parent Company Profile
--------------------------------------------------------------------------------
Bertelsmann
•International Media and Entertainment Company with more than 97,000 employees worldwide and operations in 63 countries
•Headquartered in Gütersloh, Germany
•Core business is the creation of first-class media content
•Bertelsmann AG owns 74.9% of Gruner + Jahr, while the remaining 25.1% is owned by the Jahr family from Hamburg, Germany
Gruner + Jahr
•Gruner + Jahr AG & Co KG is Europe’s largest magazine publisher
•Headquartered in Hamburg, Germany
•G+J has more than 300 magazines and newspapers in over 20 countries and employs over 14,500 people worldwide
•Gruner + Jahr´s business activity is broken down into five divisions: G+J Germany; G+J International; G+J France; Print; and Corporate Services, which includes the Newspapers unit.
http://www.bpc.com/parent-company-profile
About Us
At Brown, we are more than just another printing company. We are a family with more than 50 years of living our commitment to our customers—providing the highest-quality printing services along with a memorable client experience. This is the Brown Difference. We are large enough to serve you, small enough to know you.
Started in 1949 by Wayne “Bumps” Brown in Waseca, Minnesota, Brown has grown to become a nationally recognized printer with more than 2,600 employees, coast-to-coast sales offices, and three strategically located manufacturing facilities.
This history and experience combine to make us the perfect partner for our clients’ diverse printing needs.
http://www.bpc.com/about-us
Brown Printing Launches New Mobile Solutions
New service uses mobile barcodes to transforms traditional print advertising into an interactive, multi-media.
-- Graphic Arts Online, 8/5/2009 11:27:00 AM
Waseca, MN – Brown Printing Company announced today the launch of B.Mobile. The
new service transforms traditional print advertising into an interactive, multi-media
experience. Utilizing 2D mobile barcodes, B.Mobile turns mobile phone cameras into
barcode scanners allowing consumers instant access to real-time product or service
information, downloadable content, and mobile commerce transactions.
B.Mobile integrates products from Brown’s sister company Prinovis and NeoMedia Inc.
to provide a total solution package. B.Mobile provides the ability to optimize websites
for the mobile phone display, adaptation of content for mobile internet, and statistical
reporting on scanning activity. Code management tools provide the ability to change and
update content linked to barcodes at any time, so printed pieces become interactive and
dynamic. The mobile barcodes provide a reliable response tracking mechanism that helps
measure success and allow campaigns to be adapted in real-time.
“B.Mobile’s tool kit makes executing barcode activities easy and intuitive, allowing
magazines and catalogs to run smarter, more successful marketing programs,” explained
Mark Treat, Chief Information Officer for Brown Printing Company. “This technology
allows consumers to engage with barcodes on their own terms. The self selection yields
interested and motivated prospects.”
About Brown Printing Company
Brown Printing Company proudly serves America’s premier magazine publishers and
catalogers with premedia, printing, distribution and value-added solutions. Founded in
1957, Brown is a proven industry leader printing more than 900 titles for over 450
clients.
A Bertelsmann/Gruner + Jahr owned company, Brown’s proven stability, world class
quality, state of the art technology and superior customer service make Brown Printing
the right partner for your printing needs.
For more information about Brown Printing Company, please visit our website at
www.bpc.com.
About Prinovis
Prinovis was born in 2005 from the merger of all German gravure operations of the three
companies Gruner + Jahr, Axel Springer and arvato. The company provides its customers
with custom solutions for their individual print- and communication-related needs and
wishes, specializing in 2D code-based applications for Mobile tagging and Mobile
Couponing.
About Neomedia
NeoMedia Technologies, Inc. (OTC BB: NEOM) is the global leader in mobile barcode
scanning solutions. Our technology allows mobile devices with cameras to read 1D and
2D barcodes and provide “one click” access to mobile content. Combining this
technology with advanced analytics and reporting capabilities revolutionizes the way
advertisers market to mobile consumers.
Company Supplied
http://www.graphicartsonline.com/article/CA6674941.html?industryid=47494
Not likely, as GSI is privately held and does not trade either. I am interested in any news related to PHEI and am as well informed as most regarding the current situation. GSI is 49% owned by Phantom and if by some chance there is anything of value there as it relates to PHEI, I want to know about it. I have no intentions of taking a 100% loss on my investment and would fully expect the company to once again register their stock or deal with shareholder litigation in an attempt to recover anything of value. GO GSI GO PHEI
I'll give you 8 bucks for your 800000 shares.
GameStreamer Launches New Service With Neustar
Enterprise-Class Digital Distribution Gaming Innovator Benefits from Neustar's Load Testing, Website Monitoring, and Managed DNS Services
Press Release
Source: Neustar, Inc.
On Monday August 3, 2009, 4:15 pm EDT
Buzz up! 0 Print.Companies:NeuStar, Inc.
STERLING, Va., Aug. 3 /PRNewswire-FirstCall/ -- Neustar, Inc. (NYSE: NSR - News) today announced that GameStreamer, a leading enterprise-class B2B game store provider for digital distribution of and streaming solutions for PC-based casual and core video games, successfully launched its Software as a Service (SaaS) solution with the support of Neustar's robust platform of Internet infrastructure services, which includes load testing, performance monitoring and managed DNS services.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090722/NSLOGO )
GameStreamer's Content Extranet provides a secure, automated system with which publishers and developers can publish, protect, activate and digitally distribute their games across a mass network of white-labeled B2B partners' game stores. Consumers can then access the games they want quickly and easily online.
With support from Neustar's professional services team of experts, as well as Neustar's Webmetrics load testing service, GameStreamer prepared its site and applications to seamlessly handle the high amount of traffic anticipated at launch. Prior to launch, the Professional Services team worked closely with GameStreamer to perform a thorough evaluation and validate the strength and capacity of the GameStreamer network. This information was used to conduct robust load testing.
"Neustar's service has been excellent," said Timothy Roberts, CEO of GameStreamer. "Their load testing and professional services teams helped us identify network and bandwidth issues that we had overlooked. We were able to fine-tune our system so potential issues didn't turn into actual problems."
"GameStreamer is a truly innovative SaaS provider, and Neustar is pleased to be their partner in ensuring the performance, reliability and security of their online operations," said Alex Berry, senior vice president of Neustar's Internet Infrastructure Services Group. "Neustar's managed services approach provides dynamic companies such as GameStreamer with the advanced Internet infrastructure they require, while reducing time-to-market and eliminating associated capital expenditures."
Neustar's Webmetrics load testing solution is a managed service that simulates high volumes of web transactions from multiple global locations outside the firewall; it ensures that a website has the capacity and performance capabilities to meet and exceed customer expectations. GameStreamer also is utilizing Neustar's UltraDNS managed DNS and Webmetrics web performance monitoring services to ensure that their site is available, secure, and performing to the exacting requirements of its customers.
About Neustar
Neustar (NYSE: NSR - News) solves complex communications challenges and provides market-leading, innovative solutions and directory services to enable trusted communication across networks, applications, and enterprises around the world. Visit Neustar online at www.neustar.biz.
About GameStreamer
GameStreamer is a leading innovator in digital distribution and streaming solutions for games and operates a massive B2B network with major clients across the globe. GameStreamer has offices or representatives in several major cities including San Francisco, Los Angeles, Tampa, New York, Philadelphia, London, Paris and Moscow. GameStreamer is devoted to growing the gaming industry by verticalizing content to reach new niche markets and delivering targeted content to users using the latest in collaborative filtering techniques and social discovery.
GameStore: http://www.gamestreamer.com
Corporate: http://www.gamestreamer.net
http://finance.yahoo.com/news/GameStreamer-Launches-New-prnews-2703448043.html?x=0&.v=1
BlackBerry Messenger 5.0 exciting new feature – Built in QR Code reader
NeoReader
NeoReader is a mobile application that turns a camera mobile phone into a code scanner and provides one-click access to mobile content on the go, anytime and anywhere. Neo Reader does recognize all QR codes and associated mobile apps because it is Code Reader. The last SMS QR code was recognized correctly by NeoReader. NeoReader can read lot many other codes like to purchase product, map location, ad promotion, product information etc etc.. the way QR code technology is designed and works.
http://www.blackberrytune.com/blackberry-messenger-5-0-exciting-new-feature-built-in-qr-code-reader/
http://www.blackberrytune.com/hot-upcoming-blackberry-messenger-on-blackberry-onyx-os-4-7-video/
Perhaps a few clues as to future revenue sources contained in this text.
“Royalty-Based Revenue” means any gross revenue, derived in any way by Mobile Tag in connection with or relating to the Field of Use, including without limitation advertising revenues, transactional revenue generated by barcode reading, in-kind payments, non-monetary consideration (valued at market value), clearing-house revenue, service fees, and includes all action oriented revenue, for example but not limited to content download and click to subscribe.
Newsroom > Press Release 07-29-2009
Press Release 07-29-2009
GAMESTREAMER, INC. ADDS PREMIER PUBLISHER EPIC GAMES TO
GROWING LIST OF PREMIUM CONTENT PROVIDERS
“Unreal” Franchise Now Available to White Label Partners
TAMPA, FLA (July 29, 2009) – GameStreamer, Inc., a leading innovator in digital distribution and streaming solutions for game publishers, developers and gamers, today announced that Epic Games, Inc.’s award-winning “Unreal” series of games has been added to its rapidly growing games catalog.
Tim Roberts, CEO of GameStreamer, Inc. stated, “One of the secrets of our success is our ability to attract top-level publishers and developers, such as Epic Games, to our service. We’ve been able to do this due to our ability to support worldwide currencies, geo-targeting for licensing rights broken down by territory and also geo-targeting for the local currencies. We have created a simple way for publishers/developers to upload their catalogs, secure them with DRM, and create a database of loyal users. On the other side of the equation, we give our white-label partners the ability to build a gaming store customized for their clientele with super-fast downloads and streaming capabilities. It’s a win-win situation for both sides.”
Jay Wilbur, vice president of Epic Games, added, “GameStreamer’s platform provides the high-end features we need for online distribution. From load capacity to redundancy to ease of use, we're leveraging GameStreamer's strengths to give players yet another way to access the ‘Unreal’ series.”
Mr. Roberts continued, “We are extremely excited to add Epic Games to our list of content providers. Besides being the creators of one of my all time favorite games, their name is synonymous with great gaming and innovation. Their willingness to join our service speaks volumes for what we have been able to achieve so far. This is only the beginning.”
About GameStreamer, Inc.
GameStreamer is a leading innovator in digital distribution and streaming solutions for games and operates a massive B2B network with major clients across the globe. GameStreamer has offices or representatives in several major cities including San Francisco, Los Angeles, Tampa, New York, Philadelphia, London, Paris and Moscow. GameStreamer is devoted to growing the gaming industry by verticalizing content to reach new niche markets and delivering targeted content to users using the latest in collaborative filtering techniques and social discovery.
GameStreamer has built the first truly Enterprise-Class Game Digital Distribution Network that is offered as a White Label Turnkey Managed Solution. GameStreamer works with clients that have significant traffic to build a custom game store solution to target their demographics. GameStreamer is working with a wide variety of clients such as social networks, retailers, e-tailers, media companies, churches, schools and more to generate new revenue streams, improve stickiness and grow a community for their website and brand. GameStreamer has been operating in stealth more for over a year and is preparing for a massive launch with 10 White Label Partners.
Show Case Game Store: www.gamestreamer.com
GameStreamer Corporate Site: www.gamestreamer.net
About Epic Games
Epic Games, Inc., based in Cary, NC and established in 1991, develops cutting-edge games and cross-platform game engine technology. The company has created multiple million-selling, award-winning titles in its “Unreal” series, including “Unreal Tournament 3” for PC, PLAYSTATION®3 and Xbox 360®. Epic’s breakthrough game, “Gears of War,” won over 30 Game of the Year awards, and the sales of "Gears of War" and “Gears of War 2” have eclipsed 11 million units. Epic's Unreal Engine 3 is the three-time consecutive winner of Game Developer magazine’s Best Engine Front Line Award and is this year's Hall of Fame inductee. Unreal Engine 3 has also been recognized as the number one game engine by Develop magazine. Additional information about Epic can be obtained through the Epic Games Web site at www.epicgames.com.
Epic, Epic Games, Gears of War, Gears of War 2, Unreal, Unreal Engine and Unreal Tournament are trademarks or registered trademarks of Epic Games, Inc. in the United States of America and elsewhere. All other trademarks are the property of their respective owners.
For more information contact:
GameStreamer, Inc
pr@gamestreamer.net
USA HQ 813-527-0383 / 877-865-2011.
London Office: +44 203 318 4226...
Please contact for questions:
Stuart Fine, PR - Carpe DM, Inc.
908 -469-1788
stuart@carpedminc.com
http://www.gamestreamer.net/content/press_07292009.html
Press Release 07-27-2009
GameStreamer, Inc. Unveils Its Revolutionary Auto-DRM-Wrapping Piracy Protection, Installer Builder and Content Extranet Portal as Free Service to Game Developers and Publishers, Will Allow the Largest Catalog of Trial Based Games.
TAMPA, Fla., July 27 /PRNewswire/ -- GameStreamer, Inc., today announced that it is the first company ever to fully automate the process of protecting a game with the leading 3(rd) party industry DRM's. This service is offered to our publisher and developer partners as a FREE web 3.0 service. By uploading your game to our system and selecting which DRM to protect your game with, and then choosing what time trial period you would like your game to have, our system will auto-protect and build an installer through an easy to administer content management portal. Any developer large or small now has a means to protect their games through a fully automated system. The content extranet is easy to sign-up and publishes your games in real-time to our extended family of white label partner game stores.
The advantage to this offering is that it simplifies the overwhelming administrative process involved in publishing content to online distribution channels. We also are agnostic to the DRM, meaning that we support them all and don't force the publishers into a box. There are currently hundreds of thousands of PC games developed and more being developed every day which face these problems. GameStreamer has solved this problem and can support publishers/developers large or small through our fully automated system. This allows any developer to register and distribute their content utilizing our catalog management system and populates it to our white label partners (WLPs) store admin centers where our WLPs can then chose to select the game to sell, and feature the game in their stores video players or showcase areas.
"These DRM's allow for trials, rentals and outright sales. There is no need to change anything in the registry besides the addition of the Serial Key. We were really impressed with the Online Activation tools and ability to fully customize the way the protection schemes work. These DRM's have robust tools and a solid platform for digital distribution. We are way ahead of the curve here and are the first to build a cutting edge automated platform for our partners," said Tim Roberts, CEO of GameStreamer, Inc.
GameStreamer offers amazingly fast download times, the highest quality service and best overall game purchasing and license management experience. In short we have created the iTunes© equivalent for Computer Games which will result in the widest catalogue of games available anywhere.
"We have had many of our partners using these tools gasp in awe with statements like - you guys are cutting edge, this is a great service. The smaller developers also love the fact that they have a FREE protection tool which up until now had been cost prohibitive for them to protect their games in the past," said Nathan Lands, EVP of Marketing.
About GameStreamer, Inc.
GameStreamer is a leading innovator in digital distribution and streaming solutions for games and operates a massive B2B network with major clients across the globe. GameStreamer has offices or representatives in several major cities including San Francisco, Los Angeles, Tampa, New York, Philadelphia, London, Paris and Moscow. GameStreamer is devoted to growing the gaming industry by verticalizing content to reach new niche markets and delivering targeted content to users using the latest in collaborative filtering techniques and social discovery.
GameStreamer has built the first truly Enterprise-Class Game Digital Distribution Network that is offered as a White Label Turnkey Managed Solution. GameStreamer works with clients that have significant traffic to build a custom game store solution to target their demographics. GameStreamer is working with a wide variety of clients such as social networks, retailers, e-tailers, media companies, churches, schools and more to generate new revenue streams, improve stickiness and grow a community for their website and brand. GameStreamer has been operating in stealth mode for over a year and is preparing for a massive launch with 10 White Label Partners.
Show Case Game Store: www.gamestreamer.com
GameStreamer Corporate Site: www.gamestreamer.net
© 2009 GameStreamer. All rights reserved. GameStreamer is a registered trademark of GameStreamer, Inc. iTunes is a registered trademark of Apple.
--------------------------------------------------------------------------------
Source: GameStreamer, Inc.
For more information contact:
GameStreamer, Inc pr@gamestreamer.net USA HQ 813-527-0383 / 877-865-2011 London Office: +44 203 318 4226
Please contact for questions: Stuart Fine, PR - Carpe DM, Inc. 908-469-1788 stuart@carpedminc.com
http://www.gamestreamer.net/content/press_07272009.html
Edited: Sorry didn't see the duplicate post. Thanks for the original Powercellutions
By Anne Underwood | NEWSWEEK
Published Jul 24, 2009
From the magazine issue dated Aug 3, 2009
It's a chilling thought. In the coming year, 130,000 people worldwide will suffer spinal-cord injuries—in a car crash, perhaps, or a fall. More than 90 percent of them will endure at least partial paralysis. There is no cure. But after a decade of hype and controversy over research on embryonic stem cells—cells that could, among other things, potentially repair injured spinal cords—the world's first clinical trial is about to begin. As early as this month, the first of 10 newly injured Americans, paralyzed from the waist down, will become participants in a study to assess the safety of a conservative, low-dose treatment. If all goes well, researchers will have taken a promising step toward a goal that once would have been considered a miracle—to help the lame walk.
The trial signals a new energy permeating the field of stem-cell research. More than 3,000 scientists recently met in Barcelona for the annual conference of the International Society for Stem Cell Research, compared with just 600 researchers five years ago. Money from major pharmaceutical companies is following the advances. Former U.S. vice president Al Gore, now a partner in the venture-capital firm Kleiner Perkins Caufield & Byers, has thrown his weight behind the research. In April, the firm joined with Highland Capital Partners to invest $20 million in iZumi Bio (now iPierian), a startup firm working on stem-cell therapies.
Despite the considerable hype surrounding stem cells in recent years, the possibilities now appear to be broader than most people realize. In addition to helping replace damaged cells in patients with diseases like diabetes or Parkinson's, stem cells have the potential to change how we develop drugs and unravel the biology of disease. They may even be used one day to create replacement organs. "There's been a massive injection of optimism into the field," says stem-cell biologist Alan Trounson, president of the California Institute for Regenerative Medicine. "It's remarkable how fast it's progressing."
Much of the excitement comes from the development of a new type of stem cells, called "induced pluripotent" stem cells, or iPS. Shinya Yamanaka first concocted the cells in his Kyoto University lab by inserting four genes into fully formed adult skin cells. They began to behave like embryonic stem cells, capable of forming unlimited copies of any of the body's 220 cell types. Because iPS cells can be derived from a patient's own adult cells, they do not carry the risk of rejection by the immune system. Equally important, because iPS cells are not derived from embryos, they skirt a major ethical and religious problem.
The first iPS cells, however, will not be used as replacement tissue for spinal cords and other organs. Because iPS cells have subtle (and potentially dangerous) differences from true embryonic stem cells, many doctors are leery of putting them directly into patients until more research is done. But the cells could be immensely important in helping scientists understand and treat genetically based diseases.
By the time a full-blown disease has emerged, says Harvard stem-cell biologist Konrad Hochedlinger, it's like an airplane that has crashed. You can examine the wreckage for clues, but what you really want is the plane's black boxes—the flight-data and cockpit voice recorders that tell you exactly how electrical systems failed, hardware malfunctioned, and pilots made crucial errors. That's what doctors think iPS cells could provide. By coaxing some iPS cells into becoming the cell types affected in Huntington's disease, type 1 diabetes, or ALS (Lou Gehrig's disease), scientists will be able to watch in the lab as the disease unfolds. They'll be able to understand how the disease starts, which could lead to new ways of blocking it.
Embryonic stem cells are still regarded as the gold standard. That's why there is intense interest in the U.S. spinal-cord-injury trial. Sponsored by Geron Corp. in California, the trial will recruit patients within one to two weeks of their injuries, before scar tissue has formed. Doctors will inject a derivative of stem cells, called progenitor cells, that manufacture myelin, the substance that coats the long, spindly projections on nerve cells, much the same way that insulation coats electrical wires. Damage to cells that make and maintain the myelin sheath, as happens in spinal-cord injuries, prevents nerves from conveying messages from the brain. Although it's not clear yet whether the treatment is effective or safe, the restoration of even partial function would be a huge advance.
Geron's CEO, Dr. Thomas Okarma, thinks that spinal injury is a logical place to begin. Because patients will be completely paralyzed from the waist down, any improvement will be the result of the therapy, not chance. And the spinal cord is an "immune-privileged site," meaning that the attack cells of the immune system cannot get in and destroy the embryo-derived cells. "If the therapy is safe and effective, the potential impact will extend way beyond spinal-cord injury," says Okarma. "It will mark the start of a new era in medical therapeutics."
Other companies aren't waiting for the results. The U.S. pharmaceutical giant Pfizer is pursuing two other embryonic-stem-cell-based therapies, which it hopes to have in clinical trials by 2011. In April the company partnered with University College London to pursue a therapy for macular degeneration, the principal cause of blindness in the elderly. The disease leads to the gradual destruction of the macula, the sensitive central portion of the retina. But Peter Coffey, professor of cellular therapy and visual sciences at UCL, is using embryonic cells to make the same type of support cells that lie just behind the retina, providing it with nutrients. The goal is to implant a disc-shaped layer of the cells behind the retina. Immune rejection should not be a problem, since the eye is also immune-privileged.
Pfizer's other collaboration, with Novocell in California, aims to devise a treatment for some of the 100 million patients worldwide with insulin-dependent diabetes. Novocell is using embryonic stem cells to help regenerate all five of the pancreas's cell types. But there's a hitch. Unlike the eye or the spinal cord, the pancreas has no immune protection. For this, Novocell has devised a clever solution. It encases the stem-cell-derived progenitor cells in a capsule that can be implanted in the body. The pore size of the fabric is large enough to allow oxygen, glucose, and insulin to pass through but small enough to keep out big immune cells. "If problems should develop, the surgeon can easily remove the capsule," says Liz Bui, director of intellectual property for Novocell.
Some researchers aren't interested in just replacing impaired cells. They're us-ing adult stem cells—which exist within organs to help with minor repairs—to grow entire replacement organs and tissues. Dr. Anthony Atala, director of the Institute for Regenerative Medicine at Wake Forest University in North Carolina, has made human bladders in this way. He starts by taking a small bladder biopsy from the patient and extracting his or her stem cells. After allowing the cells to multiply in the lab for about a month, he spreads them onto a collagen scaffold fashioned in the shape of a bladder. He then incubates the would-be organ in a bioreactor that provides the same temperature, oxygen level, growth factors, and nutrients that would be found in the body. In two weeks, he has a small but functional organ, ready for a patient.
In the early 2000s, Atala completed the procedure on seven children with spina bifida, who never developed fully functional bladders. He has now followed these patients for eight years to make sure there are no drastic failures or side effects. And he has moved on to other possible replacement parts. "We're working on 22 tissues and organs, including kidneys, heart valves, and cartilage," he says.
Because any new therapy is inherent-ly risky, researchers are careful about creating false hopes that cures are just around the corner. Therapies that succeed in the idealized world of the lab can fail in real life or take decades to put into practice. As doctors and regulators begin to consider treating patients, they still have basic questions. Will the cells survive for long in the body? Will they integrate to form functioning tissue? Will the benefits outweigh risks that may become apparent only decades from now? Scientists are daring to hope, though, that after a decade of hype, real progress is imminent. Millions of patients worldwide could one day be the beneficiaries.
© 2009
http://www.newsweek.com/id/208450/page/1
The "Asian deal" has been pulling revenue for almost two years now, hopefully the new announcements will increase these numbers.
Fort Myers, FL, U.S.A., Nov 1, 2007
NeoMedia's Gavitec agreed to a contract of EUR 1,000,000 (over $1.3 million U.S. dollars) over 3 years.
http://abnnewswire.net/press/en/43982/Mobile-Tickets-For-SMS-Enthusiasts----NeoMedia's-Gavitec-BringsMobile-Ticketing-To-The-Philippines
PITTSFORD, NY, Jul 22, 2009 (MARKETWIRE via COMTEX) -- Biophan Technologies,
Inc. (PINKSHEETS: BIPH), a Nevada corporation, announced today that it has filed
a Form 15 with the U.S. Securities and Exchange Commission, voluntarily
terminating the registration of its securities and its obligation to continue
filing reports under the Securities Exchange Act of 1934.
"Biophan will focus its efforts on transactions that enable its remaining
technologies to reach the market," said John Lanzafame, chief executive officer.
"One example of this is the recently announced transaction with MyoCardioCare,
Inc."
The company sold the technology associated with its innovative circulatory
support system, the Myotech CSS, to MyoCardioCare. As a condition of the sale,
Biophan received a 20 percent interest in MyoCardioCare in addition to a cash
purchase price of $250,000, and is allowing Lanzafame to manage the technology's
transition to the new company as its interim president.
"Biophan remains committed to its mission of monetizing its patent-protected
technologies," Lanzafame said. "We will aggressively pursue opportunities that
result in optimal outcomes for our technologies and our shareholders."
Following the Form 15 filing, the company will no longer file an annual report
on Form 10-K, quarterly reports on Form 10-Q or current reports on Form 8-K, or
continue to make any further Section 16 filings. The Biophan board of directors
unanimously resolved to take this action to conserve its cash resources. Other
actions taken by the board in this regard include management and staff
reductions.
"The board's decision best positions the company to weather current economic
difficulties as we continue to push our technologies to market, whether directly
by us, or through strategic partnerships," Lanzafame said. The Company retains a
number of novel technologies, including the biothermal power supply, pulsewidth
modulation technology to improve the performance and life of pacemakers and
neurostimulators, and portfolios of both photonics and nanomaterials patents.
Biophan will endeavor to keep its shareholders informed about its efforts and
progress regarding the commercialization of its remaining technologies through
postings on the company's Web site.
About Biophan Technologies, Inc.
Biophan is dedicated to providing technologies that offer innovative and
competitive advantages to the medical device industry. The company is seeking
partners to monetize its patented technologies, including its biothermal power
supply, pulsewidth modulation technology to improve the performance of
pacemakers and neurostimulators, and photonics and nanomaterials patents. For
more information on Biophan, please visit our website at www.biophan.com.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this news release may constitute forward-looking
statements within the meaning of applicable securities laws. These statements
reflect what Biophan anticipates, expects, or believes may happen in the future.
Biophan's actual results could differ materially from the outcome or
circumstance expressed or implied by such forward-looking statements as a result
of a variety of factors including, but not limited to: Biophan's ability to
develop its technologies; the approval of Biophan's patent applications; the
successful implementation of Biophan's research and development programs; the
ability of Biophan to demonstrate the effectiveness of its technology; the
acceptance by the market of Biophan's technology and products incorporating such
technology; the ability of Biophan to effectively negotiate and enter into
contracts with medical device manufacturers for the licensing of Biophan's
technology; competition; the ability of Biophan to raise capital to fund its
operating and research and development activities until it generates revenues
sufficient to do so; and the timing of projects and trends in future operating
performance. The forward-looking statements contained herein are made only as of
the date of this news release, and Biophan undertakes no obligation to publicly
update such forward-looking statements to reflect subsequent events or
circumstances.
Hi folks, been doing a little preliminary DD and am considering taking a position here but before I do could someone point me in the right direction to get an answer to this question? Is the company exempted from SEC reporting requirements and do they have a registration statement on file? TIA and good luck looks like many are doing very well here.
Your post speaks for itself. I posted information and your posting your opinion.
please tell me if i am an iddiot
Just might sell quickly!
http://www.driverheaven.net/dh-reviews/187203-phantom-lapboard-review-dh.html
"Going dark"
Rule 12g-4 -- Certifications of Termination of Registration Under Section 12(g)
--------------------------------------------------------------------------------
•Termination of registration of a class of securities under section 12(g) of the Act shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (17 CFR 249.323) that the class of securities is held of record by:
•Less than 300 persons; or
•Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.
•The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; Provided, however, That if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer.
http://www.law.uc.edu/CCL/34ActRls/rule12g-4.html
Good read on the topic.
"Turning Off the Lights: 'Going Dark' or 'Going Private'"
http://www.andrewskurth.com/pressroom-publications-126.html
U.S. Press Contacts
Williams Consulting/Attention!
Daryl Toor
T: (770) 777-9489
E: dtoor@attentiongroup.com
Kiersten Williams
T: (212)521-4087
E: kwilliams@williams-consult.com
http://www.neom.com/press-detail.php?id=43
Who We Are
We're a sales lead generation company that helps organizations like yours attract attention that builds awareness and generate new business. Most agencies deliver market awareness. We deliver demand. We get the word out for companies who want to generate qualified sales leads. Wouldn't you like attention-getting solutions that make a bottom-line difference?
One of the nation's largest virtual agencies, Attention was founded by Daryl Toor in 1999. Our national network enables top talent to operate from independent locations throughout the U.S., giving clients full coverage and expertise without the costs associated with owned offices. Currently with locations in Atlanta, Las Vegas, Providence and and New York, we are a group of talented senior public relations, investment relations and marketing communication professionals. With a combined experience of more than 225 years among us, our team - consisting of the best designers, writers, web developers, search engine optimization, e-mail marketing, direct mail and brand development specialists -integrate all of your marketing communications into a unified marketing program. Our key strengths lie in understanding products/services and translating features into competitive advantages and benefits. By doing this, we can educate your audiences and win loyalty among discriminating clients.
Clients & Industries
Our clients are established corporations as well as start-up companies. We represent clients in industries of all kinds including Automotive, Banking/Finance, Commercial Real Estate, Computer, Consumer Electronics, Entertainment, Financial, Healthcare, Hospitality/Tourism, Manufacturing. Software, Telecom and Transportation. Among them have been and are some of the most recognizable names in the business including Carnival Cruise Lines, Ericsson, Motorola, Rent.com, an eBay company, Blimpie, Avalara, Aegis Communications Group, Patriot Scientific, Wolff System Technology, YMCA, Giant International, Web MD, and many others.
Management
A former CBS journalist, Daryl Toor, APR, is both CEO & Chief Awareness Officer of Attention and MercuryMessages™, a strategic e-mail marketing service consultancy and distribution provider. He is the author of "Get The Word Out! — Marketing to Attract New Business", and is a recognized expert on marketing, public relations,Investor relations, e-mail marketing, search engine optimization and sales lead management.
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As Sony/Ericsson's marketing director, Toor increased market share 28% and created the global telecommunication giant's first e-commerce initiative on the Web. While directing healthcare marketing for Trion — the leader in healthcare, industrial and residential indoor air quality technology applications — Toor designed revenue generating marketing programs for Honeywell, Sunbeam, Kenmore and Oreck.
http://attentiongroup.com/why_were_different/about_us.htm
Anyone else think that the settlement conference(s) with MJ Francis may have already been scheduled and concluded without settlement, thus the PR today? Judge Holwell's docket is published on Pacer but I don't know if arbitration conferences would be. No updates to the docket as of earlier today, but it sounds like full steam ahead with the court case(s) so far as NEOM is concerned.
Link doesn work, heres a screenshot and a link to the search page.
https://delecorp.delaware.gov/tin/GINameSearch.jsp
MyoCardioCare, Inc., a Delaware corporation
Incorporation Date: July 1 2009.
https://delecorp.delaware.gov/tin/controller
They might as well go ahead and reorganize the share structure along with that filing. I would suggest a 1 for 20 rs to bring OS to about 100 mil and I would suggest the AS at 200-250 mil. These guys need to be able to issue shares if needed for product development, general expenses, and to keep filings current etc. until they can get to cash flow positive status.
"no company has ever returned to trading after an SEC revocation. The SEC action is permanent and final"
Pretty bold statement considering just how wrong it is!! It's ok if you have an opinion but don't represent your opinion as fact unless you can back it up!!
January 21, 2009 11:00 pm
The U.S. Securities and Exchange Commission on Wednesday ordered the stock registration of Nature's Sunshine Products Inc. to be revoked, citing its "recurrent" failure to file audited earnings reports since 2005.
http://www.heraldextra.com/business/article_c108a1b5-e1c9-5e9e-a443-3349c9d5e8c0.html
Business Wire, Feb 13, 2009
Nature's Sunshine Files Form 10 Seeking Re-Registration of Outstanding Shares
PROVO, Utah -- Nature's Sunshine Products, Inc., a leading manufacturer and marketer of encapsulated herbs and vitamins, filed with the U.S. Securities & Exchange Commission ("SEC") a Form 10 registration statement covering all classes of the Company's stock on February 12, 2009.
The Form 10 registration statement does not contemplate a public offering of the Company's stock to raise funds or capital, but instead seeks registration of all classes of the Company's currently outstanding shares. The Company's goal remains to return, as quickly as practicable, the Company's shares to the public markets, although the Company is not able to predict when the Form 10 will become effective.
The filing of the Form 10 became necessary after the issuance of an order on January 21, 2009, by the SEC upholding an earlier decision by an administrative law judge revoking the registration of all classes of the Company's stock. As a result of this order, broker-dealers are not permitted to effect transactions in the Company's shares until the Company's registration becomes effective.
http://findarticles.com/p/articles/mi_m0EIN/is_2009_Feb_13/ai_n31352173/?tag=content;col1
Press Release
Tuesday June 23, 2009, 9:09 am EDT
Source: Natures Sunshine Products, Inc.
PROVO, Utah--(BUSINESS WIRE)--Nature’s Sunshine Products, Inc. (OTC:NATR - News), a leading manufacturer and marketer of encapsulated herbs and vitamins, announced today that trading in the Company’s common shares has commenced on the OTC under the stock symbol NATR.
http://finance.yahoo.com/news/Natures-Sunshine-Products-bw-1201792540.html?x=0&.v=1
http://finance.yahoo.com/q?s=NATR.OB
About as bad as it gets! No market for the shares. Hard lesson for me, I had been accumulating over the last few months and am holding a boatload.
I did think that Landino had said he had a hearing in a couple of weeks on the blog, what's up with that?
Denial, suspension, or revocation of registration; notice and hearing
The Commission is authorized, by order, as it deems necessary or appropriate for the protection of investors to deny, to suspend the effective date of, to suspend for a period not exceeding twelve months, or to revoke the registration of a security, if the Commission finds, on the record after notice and opportunity for hearing, that the issuer, of such security has failed to comply with any provision of this title or the rules and regulations thereunder. No member of a national securities exchange, broker, or dealer shall make use of the mails or any means or instrumentality of interstate commerce to effect any transaction in, or to induce the purchase or sale of, any security the registration of which has been and is suspended or revoked pursuant to the preceding sentence.
http://www.law.uc.edu/CCL/34Act/sec12.html
Jul 14, 2009 (SECURITIES AND EXCHANGE COMMISSION RELEASE/ContentWorks via
COMTEX) -- The registrations of the registered securities of Paivis Corp.,
Peabodys Coffee, Inc., Penge Corp., Phantom Entertainment, Inc., Phoenix Medical
Technology, Inc., Phoenix Metals USA II, Inc., Phymed, Inc., Pico Products,
Inc., and Piemonte Foods, Inc., have been revoked. Each had repeatedly failed to
file required annual and quarterly reports with the Securities and Exchange
Commission. Thus, each violated a crucial provision of the federal securities
laws that requires public corporations to publicly disclose current, accurate
financial information so that investors may make informed decisions. The
revocations were ordered in an administrative proceeding before an
administrative law judge. (Rel. 34-60302; File No. 3-13527)
Copyright (C) 2009 Federal Information & News Dispatch, Inc.
Source: Comtex Wall Street News
The company states that they will not voluntarily delist from the pinks. I guess I would like a better explanation as to why it would not be a better option than additional enforcement actions by the SEC. What am I missing here?
http://www.andrewskurth.com/pressroom-publications-126.html
It should be noted that you have been wrong at least as much as you have been right. Follow thread.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36647875
$400,000,000 / 5,000,000,000 = $.08
Mark it!!
Just a guess of course, but it's mine
Interesting read with additional links regarding the companys options and shareholder information.
********************************************************
Considering going dark? A company choosing to delist and deregister its securities from a national securities exchange may face a host of legal and economic issues. Four attorneys weigh in on the concerns that need to be addressed.
Most public companies and their shareholders appreciate the benefits of a national exchange listing, but many have begun to question whether it's worth the price. Since passage of the Sarbanes-Oxley Act.
When the stock of a company is removed from a stock exchange.
Notes:
Reasons for delisting include violating regulations and/or failure to meet financial specifications set out by the stock exchange.
What are the economics driving this trend and what legal issues should be considered--particularly for officers and directors--to minimize litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.
When a person begins a civil lawsuit, the person enters into a process called litigation. risks when considering a going-dark plan?
A company goes "dark" when it delists its securities from a national securities exchange and deregisters with the U.S. Securities and Exchange Commission (SEC). In doing so, the company avoids the burden and expense of complying with the public reporting and other requirements imposed by the commission and applicable securities exchange.
This simple process should not be confused with other types of going-dark transactions, such as leveraged buyouts leveraged buyout, the takeover of a company, financed by borrowed funds. Often, the target company's assets are used as security for the loans acquired to finance the purchase. , management buyouts Management buyout (MBO)
Leveraged buyout whereby the acquiring group is led by the firm's management.
management buyout
See going private. or tender offers, since these transactions frequently trigger litigation and present more complex legal issues.
Although going-dark plans are often referred to as "going private" transactions, they are not the same thing. Dark companies can still trade in the over-the-counter "Pink Sheets" market, and companies don't necessarily go dark and then go private. In fact, a 2004 study by Christian Leuz, "Why Do Firms Go Dark? Causes and Economic Consequences of Voluntary SEC Deregistrations," suggests there are only a few cases where companies first go dark and then subsequently go private.
The Process for Delisting and Deregistering Securities
The first step in going dark is delisting the company's securities from their exchange. This action eliminates the registration requirements of Section 12(b) of the Securities Exchange Act of 1934 (the Exchange Act). Exchange Act Rule 12d2-2(d) permits a company to file an electronic application to withdraw a class of securities from listing on the exchange in accordance with the exchange's rules.
Thus, an issuer can usually voluntarily request that its stock be removed from the exchange by filing Form 25 through the SEC's Electronic Data Gathering, Analysis, and Retrieval
However, the issuer must first ensure that it complies with any applicable state law or exchange rules for delisting, as well as notify both the exchange and the public that it plans to file Form 25.
The notifications must be given no fewer than 10 days prior to the filing, via a press release and notice posted on any publicly accessible company website. The delisting becomes effective 10 days after the date of filing the Form 25 and requires no further orders from the SEC.
To deregister, or terminate registration of a class of securities registered under Exchange Act Section 12(b), issuers simply file Form 25. Issuers registered under Section 12(g) of the Exchange Act must file a Form 15 with the SEC certifying that either: there are fewer than 300 holders of record of the securities to be deregistered; or there are fewer than 500 holders of record of the securities to be deregistered and the company's total assets have not exceeded $10 million on the last day of each of the company's three most recent fiscal years.
Notably, the concept of "holders of record" does not contemplate the modern distinction between holders of record and beneficial owners Beneficial Owner
A person who enjoys the benefits of ownership even though title is in another name.
Notes:
For example, when shares of a mutual fund are held by a custodian bank or when securities are held by a broker in street name, the true owner is the beneficial (ultimate shareholders). Today, most beneficial owners are no longer the "holders of record" because their securities are held at securities depositories. Because of this anachronism, large public companies with a significant number of investors may still be eligible for deregistration deregistration
removal of right to practice by local registering body, usually as a disciplinary measure because of professional misconduct, possibly because of inability to perform because of psychiatric problem. .
Not surprisingly, a group of investors has identified this issue and petitioned the SEC to count ultimate shareholders when permitting companies to go dark.
Upon filing Form 25 or Form 15, the company's registration is suspended. The suspension is effective 90 days (or such shorter period as determined by the SEC) after filing. The issuer's obligation to file periodic reports under Section 13(a) of the Exchange Act, however, is suspended upon the effective date of the delisting. A company with effective registration statements under the Securities Act of 1933 remains obligated.
The Economics of Going Dark: Expect Share Price Decline
The quantifiable costs of complying with Sarbanes-Oxley, which do not include lost productivity due to compliance efforts, have proven much higher than originally estimated by the SEC and are disproportionately higher for smaller issuers relative to their revenues and net income.
A 2004 survey in Corporate Insight, Spring 2004, "The Costs of Complying with Governance Rules," estimated that small companies with annual revenues between $25 million to $99 million suffered Sarbanes-Oxley compliance costs of $740,000 and 3,080 company hours expended on compliance efforts; companies with annual revenues between $500 million to $999 million (a minimum 10-fold increase) incurred compliance costs of only $1 million and 6,900 company hours.
These costs are in addition to the pre-existing costs of being public and the new costs imposed by Regulation FD. A study by Foley & Lardner LLP LLP - Lower Layer Protocol , The Cost of Being Public in the Era of Sarbanes-Oxley (May 19, 2004), estimated that the average cost of being public in 2004 was $2.86 million, a 130 percent increase from the same study conducted in 2002.
Not surprisingly, market data suggest that more companies are now deregistering. The number of companies deregistering after the enactment of Sarbanes-Oxley jumped from 75 in 2002 to 135 in 2003. And more companies may soon follow. The Foley & Lardner study, Why Do Firms Go Dark? Causes and Economic Consequences of Voluntary SEC Deregistrations, indicated that 20 percent of companies surveyed were considering going private, representing a roughly 50 percent increase from the same study conducted in 2003.
Statistics published for 2005--based on security deregistrations, reported by the Bloomberg news agency--suggest that up to 214 companies may have voluntarily deregistered last year.
Nadia Massoud and Andras Marosi's 2004 study, Why Do Firms Go Dark?, indicates that companies that go dark suffer more than a 12 percent drop in share price during the first two trading days In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. after the initial announcement.
Christian Leuz's study found that companies suffer a 10 percent drop in share price after the initial announcement and subsequent filing of deregistration. It also concluded that this negative reaction is more pronounced for smaller firms that would expect to benefit the most from the cost savings of deregistration.
Two companies that have been in the news for going dark are Niagara Corp. and SmartDisk Corp. Press covering these companies suggest that the market may question their motives for going dark. Indeed, Niagara and its board of directors have been sued for losses resulting in part from the voluntary delisting.
In Berger v. Spring Partners, L.L.C., plaintiffs sued for breach of loyalty and good faith for losses resulting from Niagara Corp.'s delisting and subsequent "reverse forward split" of stock that essentially cashed out plaintiffs at allegedly artificially low prices.
The court denied the defendants' motion to dismiss the complaint because plaintiffs adequately alleged that the board's decision to delist delist
To drop a security from trading on an organized exchange. Delisting may occur for a number of reasons including failure to meet an exchange's standards or placement of a new listing on another exchange. Compare list. was not a "valid exercise of business judgment" and lacked independence and disinterestedness for at least half the board. The court later reaffirmed this holding in Berger v. Scharf.
Niagara Corp.'s decision to deregister its stock also led to a books-and-records claim in Delaware. In that litigation, the Chancery Court The Chancery Court of York is an ecclesiastical court for the Province of York of the Church of England.
The presiding officer, the Official Principal and Auditor, has been the same person as the Dean of the Arches since the nineteenth century . found that the Niagara board's mere decision to deregister the company's stock, without any specific facts to infer self-interest or failure to exercise due care, was insufficient to support a books-and-records claim.
Litigation Risks of Going Dark
Unlike leveraged buyouts, management buyouts or tender offers, ordinary company deregistrations are not heavily litigated. The fact that deregistering issuers likely will suffer a marked decline in share price, however, creates the potential for litigation, and courts may be receptive to deregistration claims.
For example, while Delaware case law does not expound on a director's fiduciary duties Noun 1. fiduciary duty - the legal duty of a fiduciary to act in the best interests of the beneficiary
legal duty - acts which the law requires be done or forborne when adopting and executing a going-dark plan, a few cases indicate that a company's directors may breach their duties in pursuing such a plan if they do so for self-interested purposes.
In Hamilton v. Nozko, the court reasoned that corporate action, even where legally permissible, may be forbidden if it's taken for an inappropriate purpose.
Similarly, the court in Seagraves v. Urstadt Property Co. Inc. observed that it is not improper to delist shares. Nonetheless, it allowed the plaintiffs to go forward, alleging that the defendant directors had delisted for an inequitable purpose. Again, in Schnell v. Chris-Craft Industries Chris-Craft Industries is a privately held American manufacturer of civilian powerboats based in Sarasota, Florida. The company was founded in the late 19th century by Christopher Columbus Smith and became famous for its mahogany hulled powerboats of the 1920s through the 1950s. Inc., the opinion reflected that inequitable action does not become permissible simply because it is legally possible.
If a case is filed, however, then the business judgment rule should apply. Delaware law recognizes the power of a corporation's directors, in a proper exercise of their business judgment, to cause the company to take steps to take action; to move in a matter.
See also: Step that may result in delisting and deregistration of the company's securities. The Hamilton case noted this power, observing that directors exercising business judgment can incidentally cause delisting and deregistration that might adversely impact the market for the company's securities.
Actions for Reducing Litigation Risks
The following recommended actions should help company officers and directors invoke the protections of the business judgment rule when they approve a "going dark" plan:
* Review the company's certificate or articles of incorporation The document that must be filed with an appropriate government agency, commonly the office of the Secretary of State, if the owners of a business want it to be given legal recognition as a corporation. and bylaws The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management.
Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an to ensure that delisting and/or deregistration is not somehow limited by these documents (requiring a shareholder vote);
* Form a Special Committee of independent directors to review and approve the plan;
* Because courts can only evaluate a Special Committee's decision by evaluating the adequacy of its processes, extensively document the directors' consideration of the plan in the committee meeting minutes and demonstrate that the committee was adequately informed;
* Establish a clear business purpose supporting the plan, which will most likely be the cost savings of going dark (increased D & O insurance, director compensation, audit and legal expenses, software expenses, outsourcing costs and lost productivity);
* Obtain independent research supporting the cost savings afforded by the plan, including the opportunity cost of lost productivity suffered because of compliance efforts, and quantify the benefit of the cost savings for the company (impact on EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. );
* Ensure that the plan benefits all shareholders and, if not all shareholders have equal rights, that the plan addresses the rights of shareholders that may be disproportionately affected;
* Ensure that no direct or indirect benefits flow to any director or officer as a result of the committee's adoption of the plan; and
* Closely monitor the veracity veracity (vras´itē),
n of the company's public disclosures and communications with shareholders regarding this process, ensuring that such disclosures and communications are thorough, complete and factually supported.
Paul R. Bessette is a Partner at Akin Gump Strauss Hauer & Feld LLP and heads the firm's Securities Litigation Group. Michael J. Biles is a Partner and Christopher W. Ahart and Helen V. Heard are Associates. All the authors are with the firm of Akin Gump (www.akingump.com) in Austin, Texas.
RELATED ARTICLE: takeaways
* Since passage of the Sarbanes-Oxley Act of 2002, the costs associated with an NYSE, Nasdaq or AMEX listing have ballooned.
* In going "dark," a company delists its securities from a national securities exchange and deregisters with the U.S. Securities and Exchange Commission. In doing so, the company avoids the burden of complying with public reporting and other requirements.
* Unlike leveraged buyouts, management buyouts or tender offers, ordinary company deregistrations are not heavily litigated. But, since deregulating de·reg·u·late
tr.v. de·reg·u·lat·ed, de·reg·u·lat·ing, de·reg·u·lates
To free from regulation, especially to remove government regulations from: deregulate the airline industry. can cause a sharp share price decline, there is potential for litigation.
http://www.thefreelibrary.com/Considering+going+dark%3F+A+company+choosing+to+delist+and+deregister...-a0155144350
http://www.foley.com/files/tbl_s31Publications/FileUpload137/
http://www.sec.gov/about/forms/form25.pdf
2691/NDI_GoingPrivate_FINAL.pdf
What I hear him saying is that "there is nothing we can do. We are at the mercy of the sec and you are all getting scammed by the banks". This victims mentality is not acceptable and will undoubtedly lead them into litigation. It doesn't sound to me like they even have counsel on board as Landino indicates that he is speaking directly to the SEC himself. There is no doubt that if they do nothing that the SEC will revoke their registration and there will be no means of recovery for existing shareholders. My research indicates that they could file a voluntary form 15 and avoid the need for a SEC ordered revocation. It appears that this move would give them 90 days and another possible 60 to bring their filings up to date and possibly return to good standing with the SEC. It appears that the only resource they have of possible value is the unissued reserve of approximately 350mil shares to reach the AS limit of 2.4 billion. No one likes dilution but it is the responsibility of any CEO to do what is necessary to protect shareholder interest and it would be much better to have a compliant company with 2.4 billion outstanding shares than to have a defunct company with 2 billion canceled shares. Mr. Landino must find the resources to bring the filings up to date and soon. It appears to me that the share reserve offers the best opportunity to do so.
The viewpoints expressed are strictly my opinion and I am not an attorney nor do I know much about the situation we shareholders find ourselves in. However, I am certainly capable of finding a competent securities law firm and will not just stand by and let my significant investment vanish without a fight.
Here is some interesting reading on the topic.
Three of the revocation cases raised the issue of “going dark” voluntarily by filing a Form 15. Once such a form is filed, termination of the company’s registration takes effect 90 days later, while its duty to file reports is immediately suspended. However, if the certification on Form 15 is subsequently withdrawn or denied, the company must, within 60 days, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. See Exchange Act Rule 12g-4.
http://securities.blogs.com/hh/2006/02/is_the_sec_refo.html
http://www.law.uc.edu/CCL/34ActRls/rule12g-4.html
1st trade since June 23 - 4000 shares at .0005 - $2 trade knocks market cap down 55%.
Phantom Game Service is now Game Streamer Inc. According to the agreement PHEI holds a 49% stake in GSI and will earn 7% of annual gross revenues. Substitute GSI for Phantom Game Service in the following.
Phantom(R) Game Service, Inc. Signs Asset Purchase Agreement with Phantom Entertainment, Inc.(R)
According to the terms of the agreement, Phantom Entertainment, Inc. will sell its software patents and trademarks associated with the company's fledging gaming service to Phantom Game Service, Inc. The move allows Phantom Entertainment, Inc. to focus solely on its innovative wireless lapboard keyboard device. Phantom Entertainment, Inc. will become a significant shareholder in Phantom Game Service, Inc. in addition to receiving cash and future royalties. The cash infusion provides Phantom Entertainment, Inc. with funds to build its inventory for the Phantom Lapboard and expand its sales and marketing operations.
http://ih.advfn.com/p.php?pid=nmona&cb=1247067134&article=27794198&symbol=NO%5EPHEI
Phantom Entertainment, Inc. - Amended Current report filing (8-K/A)
The agreement with Phantom Game Service, Inc. provides for the payment in cash of a base purchase price of $65,000; the Company to be issued 49% of the authorized shares of Phantom Game Service, Inc.; the Company to receive 7% of the annual gross revenue from Phantom Game Service, Inc.’s online game sales through the Phantom Game Service software and, on the third anniversary date of the agreement, Phantom Game Service, Inc. shall pay $100,000 to license certain trademarks for a term of 99 years.
http://ih.advfn.com/p.php?pid=nmona&cb=1247067271&article=27829327&symbol=NO%5EPHEI
Our ship has almost come in. Here is the latest.
Posted in Message from the CEO on July 8, 2009 by phantomadmin
Here is an email received two days ago.
———————————
John
Good morning. Below ocean LCL shipment will being arrived in ##### on July 10th. Attached are copies of ocean bill of lading, commercial invoice and packing list. We need original ocean bill of lading with your signature on the back to release the shipment. Please quickly send it to me. If you have any question, please do not hesitate to contact me
Thanks
Jin Lin
Soon there will be a page on Phantom.net to purchase our Boards.
Thanks for everyone patience
http://pheiblog.wordpress.com/
GameStreamer, Inc. Launches the “Blazing Fast” GameStreamer Game Store along with the Extranets for Content Partners and White Label Partners as a Software as a Service (SaaS)
Tampa, Florida July 8th, 2009 —GameStreamer, Inc. today at 10:11 a.m. announced the launch of its groundbreaking B2B White Label Online Game Store, which is provided as a SaaS. GameStreamer’s unique Game Store offers an intuitive White Label Partner Extranet with full CSS controls that allows Game Store operators to easily customize the branding and design of their store, as well as manage their own catalog and featured content. The White Label Partner Extranet also includes SAP accounting and analytics, statistics and customized reports for billing, marketing, and demographic reporting. GameStreamer has contracted over 3500 games today ranging from Indie to Casual to AAA New Releases and is growing rapidly. We will be adding these contracted games and new additions daily.
GameStreamer’s Content Extranet provides publishers and developers a secure, automated system to publish, protect, activate and then digitally distribute their games across a mass network of B2B White Labeled Partners’ Game Stores. GameStreamer is dedicated to the development of an Enterprise Class gaming service. With hundreds of clustered servers spread and load-balanced in multiple multi-homed data centers across the world, and currently over 3000MBs to the internet; GameStreamer has developed an exceptionally robust and advanced gaming system. The system was purposely overbuilt to support a lion’s share of online gaming distribution.
GameStreamer offers amazingly fast download times, the highest quality service and best overall game purchasing and license management experience. In short we have created the iTunes© equivalent for Computer Games which will result in the widest catalogue of games available anywhere. “Our Service will continue to escalate the expectations of demanding gamers and bring gaming to the next level,” said Tim Roberts, CEO of GameStreamer, Inc.
“GameStreamer is taking a verticalized approach to game stores. We see the market today as being a 2-channel system, even though there are tens of thousands of games available. We are working with White Label Partners from churches to schools to hip hop sites, in addition to the more mainstream game publishers, retailers and e-tailers. We book-end the market with a wide catalogue and full spectrum of games from Christian games, Education to Casual and Core gaming content,”
“It allows companies with websites generating traffic to quickly bring in additional profits that are superior to traditional advertising” said Nathan Lands, EVP of Marketing.
“GameStreamer is what I like to call a Win-Win-Win situation. It’s a win for the publishers and developers because it gives them a means to gain maximum exposure and profit from their entire catalogue of games. Everything is automated for them, from DRM wrapping to content to distribution. It’s a win for the Game Store white label partners because we provide them enterprise class ecommerce solutions and they are able to integrate our store into their site. And it’s a win for consumers because they can find games on their favorite websites targeted directly to their interests.”
About GameStreamer, Inc.
GameStreamer is a leading innovator in digital distribution and streaming solutions for games and operates a massive B2B network with major clients across the globe. GameStreamer has offices or representatives in several major cities including San Francisco, Los Angeles, Tampa, New York, Philadelphia, London, Paris and Moscow. GameStreamer is devoted to growing the gaming industry by verticalizing content to reach new niche markets and delivering targeted content to users using the latest in collaborative filtering techniques and social discovery.
GameStreamer has built the first truly Enterprise-Class Game Digital Distribution Network that is offered as a White Label Turnkey Managed Solution. GameStreamer works with clients that have significant traffic to build a custom game store solution to target their demographics. GameStreamer is working with a wide variety of clients such as social networks, retailers, e-tailers, media companies, churches, schools and more to generate new revenue streams, improve stickiness and grow a community for their website and brand. GameStreamer has been operating in stealth more for over a year and is preparing for a massive launch with 10 White Label Partners.
Show Case Game Store: www.gamestreamer.com
GameStreamer Corporate Site: www.gamestreamer.net
###
© 2009 GameStreamer. All rights reserved. GameStreamer is a registered trademark of GameStreamer, Inc.
For more information contact:
GameStreamer, Inc
pr@gamestreamer.net
USA HQ 813-527-0383 / 877-865-2011
London Office: +44 203 318 4226
Please contact for questions:
Stuart Fine, PR - Carpe DM, Inc.
908-469-1788
stuart@carpedminc.com
http://www.streamserv.com/content/newsroom.html
http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/07-08-2009/0005056595&EDATE=
lol - those damn details, thanks.
Does the suspension end today or tomorrow? My broker indicates tomorrow but the suspension order indicates today. TIA
The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of Phantom Entertainment, Inc. (PHEI), commencing at 9:30 a.m. EDT on June 24, 2009 and terminating at 11:59 p.m. EDT on July 8, 2009:
GameStreamer. Inc. We launch store on Weds... Watch for press release to be posted.
Sat at 11:14am
http://www.facebook.com/pages/Tampa-FL/GameStreamer-Inc/113713011016?v=wall&viewas=0
He who does the best DD and knows where to look, has the biggest advantage in the market. It's the new investor that gets interested in a big PR from a Co. that they know nothing about that is the most disadvantaged. We all know more than most, because we know where to look. Insider trading or intimate knowledge? Bring it on!