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Silence is NOT golden in this instance. What is the plan Mr. Landino? We need to retain a shareholders advocate to better understand our options here! The Ihub email list for PHEI might be a useful tool to aggregate shareholders and to disseminate information. The Moderator would need to take the lead for that to be effective. Opinions??
Morning Biophans, long time no see.
http://www.msnbc.msn.com/id/31686155/ns/health-heart_health/
Their history is that they convert X number of Series C into common at the then applicable conversion price via notice to the company and per irrevocable transfer agent instructions. From there, I suspect they have NITE do the selling into the float at best price but not below a predetermined minimum set by YA. No way of knowing when conversions occur (to my knowledge) accept for after the fact when the filings become public. From history it is obvious that they sell into any volume/price spike. There you have it the ugly truth! IMO
click - Authentication will be big business! - click - click
June 17, 2009
HK launches measures against counterfeit products
By Carol Ko | MIS Asia
Hong Kong has launched a product authentication solution to help consumers identify whether the products they bought are genuine, including bird's nest, health supplements, Chinese medicine and consumables at the Hong Kong airport.
The product authentication programme was funded by the government chief information officer (OGCIO) of the Hong Kong government. It will enable the public to authenticate products through the Internet or via short message service (SMS).
Built on the beta version of GS1 Hong Kong's BarcodePlus's website, the product authentication solution is a one-stop product quality information portal that will officially go live in November.
In a move to help brand owners protect the integrity of their brands, four Hong Kong-based companies have in the last month piloted the implementation of the new solution. These include Nuance-Watson (HK), a leading retail operator at Hong Kong International Airport, Comvita HK, a health supplement supplier, First Edible Nest, a traditional Chinese ingredient supplier and Po Sum On Medicine Factory, a manufacturer of Chinese medicine.
"The underlying objective of the product authentication solution is to increase brand integrity and bolster consumer confidence. In the long term, these efforts will help enhance Hong Kong's reputation for providing authentic goods at a reasonable price," said Anna Lin, chief executive of GS1 Hong Kong.
GS1 Hong Kong as a non-profit organisation founded in 1989. At present, it is the only organisation that is authorised by the government to issue and administer GS1 identification numbers in Hong Kong, including barcoding services, business-to-business e-commerce services, global data synchronisation (GDS) and electronic product code / radio frequency identification (EPC/RFID).
Secure codes and kiosks
The product authentication solution provides consumers with a convenient and reliable way to distinguish counterfeits from genuine products. The solution is based on an automatically generated secure VerCode which is unique to each individual product item. To verify a product's authenticity, consumers simply input the VerCode hidden under a secure label on the item they want to check. This can be done directly by logging on to the Barcode Plus website or by sending an SMS message.
The pilot programme also includes the installation of RFID smart kiosks in 'Travelcare Express' operated by Nuance-Watson (HK) at Hong Kong International Airport and the First Edible Nest shop located in Tsuen Wan's Luk Yeung Galleria.
Consumers can track selected products through critical points in the production line simply by scanning the RFID label on the product at the Nuance-Watson duty-free shop.
While it will be useful to consumers, brand owners can also benefit enormously from this anti-counterfeit and brand integrity solution. It will provide participating companies with a trusted channel to deliver product quality information to consumers and at the same time protect their supply chains and brands from the threat of counterfeit products.
Pilot programme
"Thanks to robust support from the government and the pilot companies, the pilot programme will provide a valuable reference, showcase the potential business benefits and, hopefully, speed mass market adoption of the solution for the benefit of the community," said Lin.
Alessandra Piovesana, regional managing director-North Asia, Nuance-Watson (HK), said: "Nuance-Watson (HK) is the largest retail operator at Hong Kong International Airport with more than 40 stores across two terminals. With this innovative product authentication solution and smart RFID kiosks, travellers and local citizens will be able to shop with complete confidence at Hong Kong's airport."
Ronnie Butt, general manager, Asia, Comvita HK, said: "We believe that this [product authenticity project] will be mutually beneficial for both consumers and retailers. Its accurate, real-time information sharing ensures product authenticity and enhances consumer confidence. For us as brand owners, it proactively combats counterfeit products, protecting the reputation of all genuine brand owners. We are looking forward to seeing more companies in the sector joining in to share the remarkable success of this programme."
Once the pilot programme is completed, GS1 Hong Kong will promote the solution to the business community with our brand owner members as the primary target users. "In the long run, we hope to see the product authentication solution helping to sustain the confidence of consumers in Hong Kong brands and safeguard Hong Kong's reputation as a shoppers' paradise," said Lin.
http://www.infoworld.com/t/security/hk-launches-measures-against-counterfeit-products-079?page=0,0
http://www.gs1hk.org/files/gs1/PA%20pilot%20project/PALeaflet_May09_Eng_Final.pdf
News June 2009
24.06.200924.06.2009.21<< back
Success in the Fight against Counterfeit Products with Product Serialization
Five manufacturers are already actively using TecIdentify
Joining the European umbrella organization of automotive suppliers (CLEPA), the standardization organization GS1 Germany now recommends a unique identification for mass products in the form of a standardized 2D barcode in combination with IT-supported verification. Both organizations see this as the most promising measure to fight product piracy. The leading manufacturers ATE, Federal-Mogul, GKN, Robert Bosch and TRW are already using the combination of standardized serial numbers and authentication with the IT solution TecIdentify.
During the Praxis Day for Counterfeit Security of GS1 Germany on 4 June 2009 in Cologne, Germany, the importance of mass serialization was emphasized. Market introduction will come soon in many branches, including pharmaceuticals. In California, USA, it will soon be required by law.
In comparison to the current barcode, the data matrix barcode packs more data content in the same space. Adding individual ID numbers to articles can be used to determine whether they are genuine and also serves other purposes. It is useful for goods receiving and billing on the trade side; manufacturers can steer recall actions and answer guarantee questions. More product information could conceivably be made available through the IT platform.
An ID number unique throughout the world turns anonymous mass products into individually identifiable originals. To fight product piracy, serialization must be combined with a solution for authentication. Checking with TecIdentify requires only that the code be sent from a scanner or mobile phone, making it possible to check whether automotive parts are genuine within seconds.
In the independent automotive replacement part market numerous leading manufacturers have become “First Movers”, using the IT solution TecIdentify for authentication and establishing it as an industry standard. ATE, Federal-Mogul, GKN, Robert Bosch and TRW are the first manufacturers to complete pilot phases and deliver several product lines with the CLEPA code.
Checking with TecIdentify is very simple: use either a barcode scanner and Internet PC or a mobile phone with camera to send the individual ID number of the article stored in the data matrix code to the TecIdentify system where it is compared with the secure database.
Example of a data matrix code (circled)
Within a few seconds the answer is sent back. With the stoplight system you can see at a glance whether a part is genuine or counterfeit. If it is green the part is genuine; if it is yellow or red you should contact the manufacturer.
The free software for authentication with a mobile phone is available by entering get.neoreader.com in the browser of that phone. The list of supported mobile phones is available at www.neoreader.com.
Inquiry from a scanner uses the Web site www.tecidentify.com. Here you can find more information about the TecIdentify solution. The participating manufacturers ATE and Federal-Mogul also have their own Web pages for product checking. GKN and TRW provide more information about using TecIdentity on their Web sites.
Ralf Stonies (ralf.stonies@teccom.eu) will be happy to answer any questions you have!
http://www.teccom.de/internet/siteshome/press/news_2009_06_tecidentify.php
Complicated for sure. Can anyone put the requirements in layman terms? Can they file a new registration statement and basically start over or is their only option to bring past missed filings up to date?
http://www.law.uc.edu/CCL/34ActRls/rule15c2-11.html
GSI continues to advance, new developers listed on home page.
http://www.epicgames.com/
http://2dboy.com/
http://www.funcom.com/wsp/funcom/frontend.cgi?func=frontend.show&template=home
http://www.atari.com/
http://gamestreamer.net/
I'm not worried about bashers as there isn't much left to bash for the moment, and besides they will not get their entry price anyway, because I will be waiting on the bid at mine, if and when this resumes trading
I find that the ignore button works pretty well in this forum.
Laying out all the Cards…
Posted in Message from the CEO on June 26, 2009 by phantomadmin
As you likely already know, 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: the
According to the U.S. Securities and Exchange Commission:
“The Commission temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they have not filed certain periodic reports with the Commission. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).”
The Company is delinquent with the following SEC filings:
10-QSB Q2 2007
10-QSB Q3 2007
10-KSB Y/E 2007
10-QSB Q1 2008
10-QSB Q2 2008
10-QSB Q3 2008
10-KSB Y/E 2008
10-QSB Q1 2009
In order for the Company to submit these filings to the SEC’s EDGAR system, financial audits must be conducted by a PCAOB certified for both delinquent 10-KSB filings (Y/E 2007 and Y/E 2008).
The PCAOB (Public Company Accounting Oversight Board) is a private-sector, nonprofit corporation, created by the Sarbanes-Oxley Act of 2002, to oversee the auditors of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports.
Unfortunately, these audits are not cheap.
In addition, the Company would need to obtain the consent from the auditor to file each 10-QSB which is not cheap.
Also, all of these delinquent filings would need to be reviewed and given the OK to file by an Securities attorney.
It is our estimate that it would cost approximately $200,000 in auditor and attorney fees for the Company to become current in our SEC filings and that does not include each Q going forward.
The reason why the Company became delinquent in our filings in the first place was strictly due to lack of money. Understandably, the auditor will not provide their consent for the Company to file the required reports when the Company has an outstanding bill with the auditor as it would jeopardize the auditor’s independence.
Upon further discussions with the U.S. Securities and Exchange Commission, as well as with a well respected Securities attorney, the ball is in the U.S. Securities and Exchange Commission’s court. The Company has been informed that it could voluntarily consent to being removed from pinksheet status but that is not our intention. It is the Company’s desire to retain pinksheet status and will not voluntarily consent to being stripped from pinksheet status as we do not believe that is in the shareholders’s best interest.
With that being said, the U.S. Securities and Exchange Commission has the authority to force the Company to be involuntarily removed from the pinksheets. The Company hopes the U.S. Securities and Exchange Commission does not take this action as the Company does not believe that is in the shareholders’s best interest
Hopefully it does not come to this but it is a real possibility as due to prior fund raising was not done the interest of PHEI which has made it impossible for us to raise more money. Since we believe this is a very real possibility, if the U.S. Securities and Exchange Commission does take this unfortunate action of forcibly removing the Company from the pinksheets we do have a preliminary plan in place to eventually regain our pinksheet status which would be to work with a Securities attorney to file a Registration Statement if and when the Company has the cash to do so. It is our belief that it will cost approximately $150,000 in auditor and attorney fees to file this Registration Statement. The Company will not be able to file this Registration Statement until the Company has the funds available to do so and we can not predict when, if ever, that may be.
With that being said and as you may or may not know, there are currently 500 Lapboards on ship making their way from China to the USA. No matter what action, if any, the U.S. Securities and Exchange Commission takes, it will not derail us from our mission to bring the Lapboard to market, begin generating sales and conduct business in a manner that keeps the shareholders’ best interest priority number 1.
We have no intentions of changing the share structure or shareholder base. The current share structure is as follows:
Outstanding Shares
2,044,830,571 as of June 26, 2009
Authorized Shares
2,400,000,000 as of June 26, 2009
Even if the U.S. Securities and Exchange Commission does take this unfortunate action of forcibly removing the Company from the pinksheets, the Company’s plan is to keep the current share structure intact and regain pinksheet status by generating enough sales to eventually provide the $150,000 to pay the estimated auditor and attorney fees we estimate will be incurred to file the Registration Statement to regain the Company’s pinksheet status.
There it is, the horrid truth – so even with the above I’d like to say this:
I jumped on board this sinking ship with high hopes of plugging it’s holes as quickly as possible and getting back on course. Over the last 8 months the holes were few and far between, and we were starting to sail straight again. As the new Captain I’ve always had my crew’s well being in the forefront of my mind, while trying to make my way to solid land. There is still a lot of crap in the Haul of this ship slowing us down and while I’ve tried to dodge as many obstacles along the journey, we’ve hit a reef just short of shore and it has crippled us pretty bad. I’m asking you not to abandon ship, though it’s probably your first instinct. We are still selling our bounty to the world, and since our exposure many have been asking to purchase our treasure. We are also actively now welcoming daring Angel investors to help repair the damage of the last 7 years. We are sooo close to solid land, yet sooo far with the financial anchor we are now faced with.
If anyone sees that we have been straightforward, and wishes to come aboard – with the knowledge that the ship could sink at any moment, please give me a ring or email me at jlandino@phantom.net
Once again – when our other ship comes in in July we will be selling boards on phantom.net. Thank you.
http://pheiblog.wordpress.com/
Prinovis 'Mobilizes' With NeoMedia
ATLANTA, Georgia, and AACHEN, Germany, June 26, 2009. NeoMedia Technologies, Inc. (OTC BB: NEOM), the global leader in mobile barcode technology, has entered into a strategic partnership with print giant, Prinovis. Based in Germany and the UK, Prinovis provides custom print and communication solutions tailored to their customer’s individual needs and requirements. By incorporating mobile barcoding, Prinovis can help clients integrate customer touchpoints in a powerful new way.
Based on mobile barcodes, Prinovis has launched a new Mobile Solutions line of business utilizing NeoMedia’s suite of NeoSphere products that include handset scanning software, 2D code management systems and point-of-sale scanning hardware. These tools seamlessly link print, online and mobile mediums adding instant interactivity to catalogues, magazines and ads. The result is innovative new marketing and communication campaigns that can significantly increase the relevance and value of print mediums.
The impact on print mediums is revolutionary. NeoMedia’s code management tools provide the ability to change and update content linked to barcodes at any time, so printed pieces not only become interactive they no longer become obsolete. The mobile barcodes also provide a reliable response tracking mechanism that helps advertisers measure success and adapt campaigns in realtime.
“Mobile barcoding is breathing new life into print mediums and NeoMedia is proud to deliver this exciting capability to the marketplace. Prinovis is adding exceptional value to their customers by turning every printed piece they deliver into a measurable, interactive experience. What advertiser doesn’t want this capability?” states Iain McCready, CEO of NeoMedia.
The benefits are clear to Prinovis. In addition to the interactive and measurability aspects, they see power in the efficiency of the mobile barcode medium as well. Not only do the barcodes make inventory “count twice”, but there is very little waste to the medium. On the mobile tagging front, consumers choose to engage with the barcodes on their own terms. This self selection yields interested and motivated prospects. On the mobile couponing front, consumers can be carefully targeted to reduce waste…and the annoyance of unwanted advances on their mobile phones.
“Mobile barcoding allows Prinovis customers to run smarter, more successful dialogue and loyalty oriented marketing programs. NeoMedia’s tools make executing barcode activities easy and intuitive. We are able to provide a lot of upside to our customers without a lot of additional effort,” commented Thorsten Thiel CEO, from Prinovis.
Press contacts
Louise Ballard Lindsay Bancroft
Ballard Associates Ballard Associates
T: +44 207 978 7700 T: +44 207 978 7833
E: louise@ballard-associates.com E: lindsay@ballard-associates.com
About NeoMedia Technologies
NeoMedia Technologies, Inc. (OTCBB: 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. NeoMedia provides the infrastructure to make 2D camera barcode scanning and its associated commerce easy, universal, and reliable – worldwide. The company’s mobile phone technology, NeoReader, reads and transmits data from 1D and 2D barcodes to its intended destination. Our Code Management and Code Clearinghouse platforms create, connect, record, and transmit the transactions embedded in the 1D and 2D barcodes, like web-URLs, text messages (SMS), and telephone calls, ubiquitously and reliably. NeoMedia provides the industrial and carrier-grade infrastructure to enable reliable, scalable, and billable commerce.
About Prinovis
Prinovis, based in Germany and the UK, was formed in 2005 from the merger of all German gravure-printing operations of the three companies Gruner + Jahr, Axel Springer and arvato. Prinovis offers its customers custom print and communication solutions, tailored to their individual needs and requirements. Further information about the 2 D Code services is available from www.prinovis.com.
http://www.neom.com/press-detail.php?id=42
Trading Suspensions!
When the SEC Suspends Trading in a Stock
The federal securities laws allow the SEC to suspend trading in any stock for up to ten trading days. This document answers some of the typical questions we receive from investors about trading suspensions.
When can the SEC suspend a stock from trading?
When it serves the public interest and will protect investors, the SEC may suspend trading. For instance, the SEC may act when public information about a company is not current, accurate, or adequate. The SEC has acted when serious questions arose about a company's assets, operations, or other financial information.
Why couldn't the SEC forewarn me that it was about to suspend trading before I bought the security in the first place?
The SEC cannot announce that it's working on a suspension. We conduct this work confidentially to maintain our effectiveness and to guard against the destruction of evidence if our work becomes widely known. Confidentiality also protects a company and its shareholders if the SEC ultimately decides not to issue a trading suspension. Mindful of the seriousness of suspensions, the SEC moves as quickly as possible when it considers a trading suspension.
What happens when the ten-day suspension period ends? Will the SEC issue a statement about the status of the company after the suspension has ended?
No. The SEC will not comment publicly on the status of a company when the ten-day suspension ends because the company may still have serious legal problems. For instance, the SEC may continue to investigate a company to determine whether it has defrauded investors. The public will not know if the SEC is continuing its investigation until the SEC publicly announces an enforcement action against the company.
Will trading automatically resume after ten days?
It depends on the market where the stock trades. Different rules apply in different markets.
For stocks that trade in the OTC or the over-the-counter market, trading does not automatically resume when a suspension ends. (The OTC market includes the Bulletin Board and the Pink Sheets.) Before trading can resume for OTC stocks, SEC regulations require a broker-dealer to review information about a company before publishing a quote. If a broker-dealer does not have confidence that a company's financial statements are current and accurate, especially in light of the questions raised by the SEC, then a broker-dealer may not publish a quote for the company's stock.
In contrast to OTC stocks, stocks that trade on an exchange or Nasdaq resume trading as soon as an SEC suspension ends.
I do believe that President in that context means like OBAMA not Landino. Your reference was taken out of context, but Landino must be accountable for the timely filings of all required documents to the SEC.
Talking about suspended trading on a national exchange, not a pinky.
**********************************************************
Trading suspensions; emergency authority
k.Trading suspensions
1. If in its opinion the public interest and the protection of investors so require, the Commission is authorized by order--
A. summarily to suspend trading in any security (other than an exempted security) for a period not exceeding 10 business days, and
B. summarily to suspend all trading on any national securities exchange or otherwise, in securities other than exempted securities, for a period not exceeding 90 calendar days.
The action described in subparagraph (B) shall not take effect unless the Commission notifies the President of its decision and the President notifies the Commission that the President does not disapprove of such decision. If the actions described in subparagraph (A) or (B) involve a security futures product, the Commission shall consult with and consider the views of the Commodity Futures Trading Commission.
http://www.law.uc.edu/CCL/34Act/sec12.html
Blind Sided
Posted in Message from the CEO on June 24, 2009 by phantomadmin
We are investigating what this is all about, came out of nowhere.
Phantom’s Past coming to haunt us I’m guessing. We are working to resolve the issue ASAP.
http://pheiblog.wordpress.com/2009/06/24/blind-sided/
I'm thinking it might be time for new counsel myself.
April 15,2009
A message from the CEO
"As far as posting finances, we will not do it without counsel approval. NASD investigators have called me and asked for some company documentation over two months ago. Everything checked out and there are no issues but it makes no sense to do something which might jeopardize our efforts. Not one (1) share has left the company treasury since we took over, rest assured."
http://pheiblog.wordpress.com/2009/04/
Section 12 -- Registration Requirements for Securities
--------------------------------------------------------------------------------
General requirement of registration
It shall be unlawful for any member, broker, or dealer to effect any transaction in any security (other than an exempted security) on a national securities exchange unless a registration is effective as to such security for such exchange in accordance with the provisions of this title and the rules and regulations thereunder. The provisions of this subsection shall not apply in respect of a security futures product traded on a national securities exchange.
Procedure for registration; information
A security may be registered on a national securities exchange by the issuer filing an application with the exchange (and filing with the Commission such duplicate originals thereof as the Commission may require), which application shall contain--
Such information, in such detail, as to the issuer and any person directly or indirectly controlling or controlled by, or under direct or indirect common control with, the issuer, and any guarantor of the security as to principal or interest or both, as the Commission may by rules and regulations require, as necessary or appropriate in the public interest or for the protection of investors, in respect of the following:
the organization, financial structure, and nature of the business;
the terms, position, rights, and privileges of the different classes of securities outstanding;
the terms on which their securities are to be, and during the preceding three years have been, offered to the public or otherwise;
the directors, officers, and underwriters, and each security holder of record holding more than 10 per centum of any class of any equity security of the issuer (other than an exempted security), their remuneration and their interests in the securities of, and their material contracts with, the issuer and any person directly or indirectly controlling or controlled by, or under direct or indirect common control with, the issuer;
remuneration to others than directors and officers exceeding $20,000 per annum;
bonus and profit-sharing arrangements;
management and service contracts;
options existing or to be created in respect of their securities;
material contracts, not made in the ordinary course of business, which are to be executed in whole or in part at or after the filing of the application or which were made not more than two years before such filing, and every material patent or contract for a material patent right shall be deemed a material contract;
balance sheets for not more than the three preceding fiscal years, certified if required by the rules and regulations of the Commission by a registered public accounting firm;
balance sheets for not more than the three preceding fiscal years, certified if required by the rules and regulations of the Commission by a registered public accounting firm;
profit and loss statements for not more than the three preceding fiscal years, certified if required by the rules and regulations of the Commission by a registered public accounting firm; and
any further financial statements which the Commission may deem necessary or appropriate for the protection of investors.
Such copies of articles of incorporation, bylaws, trust indentures, or corresponding documents by whatever name known, underwriting arrangements, and other similar documents of, and voting trust agreements with respect to, the issuer and any person directly or indirectly controlling or controlled by, or under direct or indirect common control with, the issuer as the Commission may require as necessary or appropriate for the proper protection of investors and to insure fair dealing in the security.
Such copies of material contracts, referred to in paragraph (1)(I) above, as the Commission may require as necessary or appropriate for the proper protection of investors and to insure fair dealing in the security.
Additional or alternative information
If in the judgment of the Commission any information required under subsection (b) of this section is inapplicable to any specified class or classes of issuers, the Commission shall require in lieu thereof the submission of such other information of comparable character as it may deem applicable to such class of issuers.
Effective date of registration; withdrawal of registration
If the exchange authorities certify to the Commission that the security has been approved by the exchange for listing and registration, the registration shall become effective thirty days after the receipt of such certification by the Commission or within such shorter period of time as the Commission may determine. A security registered with a national securities exchange may be withdrawn or stricken from listing and registration in accordance with the rules of the exchange and, upon such terms as the Commission may deem necessary to impose for the protection of investors, upon application by the issuer or the exchange to the Commission; whereupon the issuer shall be relieved from further compliance with the provisions of this section and section 13 and any rules or regulations under such sections as to the securities so withdrawn or stricken. An unissued security may be registered only in accordance with such rules and regulations as the Commission may prescribe as necessary or appropriate in the public interest or for the protection of investors.
Exemption from provisions of section for period ending not later than July 1, 1935
Notwithstanding the foregoing provisions of this section, the Commission may by such rules and regulations as it deems necessary or appropriate in the public interest or for the protection of investors, permit securities listed on any exchange at the time the registration of such exchange as a national securities exchange becomes effective, to be registered for a period ending not later than July 1, 1935, without complying with the provisions of this section.
Unlisted trading privileges for security originally listed on another national exchange
Notwithstanding the preceding subsections of this section, any national securities exchange, in accordance with the requirements of this subsection and the rules hereunder, may extend unlisted trading privileges to--
any security that is listed and registered on a national securities exchange, subject to subparagraph (B); and
any security that is otherwise registered pursuant to this section, or that would be required to be so registered except for the exemption from registration provided in subparagraph (B) or (G) of subsection (g)(2) of this section, subject to subparagraph (E) of this paragraph.
A national securities exchange may not extend unlisted trading privileges to a security described in subparagraph (A)(i) during such interval, if any, after the commencement of an initial public offering of such security, as is or may be required pursuant to subparagraph (C).
Not later than 180 days after October 22, 1994, the Commission shall prescribe, by rule or regulation, the duration of the interval referred to in subparagraph (B), if any, as the Commission determines to be necessary or appropriate for the maintenance of fair and orderly markets, the protection of investors and the public interest, or otherwise in furtherance of the purposes of this title. Until the earlier of the effective date of such rule or regulation or 240 days after October 22, 1994, such interval shall begin at the opening of trading on the day on which such security commences trading on the national securities exchange with which such security is registered and end at the conclusion of the next day of trading.
The Commission may prescribe, by rule or regulation such additional procedures or requirements for extending unlisted trading privileges to any security as the Commission deems necessary or appropriate for the maintenance of fair and orderly markets, the protection of investors and the public interest, or otherwise in furtherance of the purposes of this title.
No extension of unlisted trading privileges to securities described in subparagraph (A)(ii) may occur except pursuant to a rule, regulation, or order of the Commission approving such extension or extensions. In promulgating such rule or regulation or in issuing such order, the Commission--
shall find that such extension or extensions of unlisted trading privileges is consistent with the maintenance of fair and orderly markets, the protection of investors and the public interest, and otherwise in furtherance of the purposes of this title;
shall take account of the public trading activity in such securities, the character of such trading, the impact of such extension on the existing markets for such securities, and the desirability of removing impediments to and the progress that has been made toward the development of a national market system; and
shall not permit a national securities exchange to extend unlisted trading privileges to such securities if any rule of such national securities exchange would unreasonably impair the ability of a dealer to solicit or effect transactions in such securities for its own account, or would unreasonably restrict competition among dealers in such securities or between such dealers acting in the capacity of market makers who are specialists and such dealers who are not specialists.
An exchange may continue to extend unlisted trading privileges in accordance with this paragraph only if the exchange and the subject security continue to satisfy the requirements for eligibility under this paragraph, including any rules and regulations issued by the Commission pursuant to this paragraph, except that unlisted trading privileges may continue with regard to securities which had been admitted on such exchange prior to July 1, 1964, notwithstanding the failure to satisfy such requirements. If unlisted trading privileges in a security are discontinued pursuant to this subparagraph, the exchange shall cease trading in that security, unless the exchange and the subject security thereafter satisfy the requirements of this paragraph and the rules issued hereunder.
For purposes of this paragraph--
a security is the subject of an initial public offering if--
the offering of the subject security is registered under the Securities Act of 1933; and
the issuer of the security, immediately prior to filing the registration statement with respect to the offering, was not subject to the reporting requirements of section 13 or 15(d); and
an initial public offering of such security commences at the opening of trading on the day on which such security commences trading on the national securities exchange with which such security is registered.
At any time within 60 days of commencement of trading on an exchange of a security pursuant to unlisted trading privileges, the Commission may summarily suspend such unlisted trading privileges on the exchange. Such suspension shall not be reviewable under section 25 and shall not be deemed to be a final agency action for purposes of section 704 of Title 5. Upon such suspension--
the exchange shall cease trading in the security by the close of business on the date of such suspension, or at such time as the Commission may prescribe by rule or order for the maintenance of fair and orderly markets, the protection of investors and the public interest, or otherwise in furtherance of the purposes of this title; and
if the exchange seeks to extend unlisted trading privileges to the security, the exchange shall file an application to reinstate its ability to do so with the Commission pursuant to such procedures as the Commission may prescribe by rule or order for the maintenance of fair and orderly markets, the protection of investors and the public interest, or otherwise in furtherance of the purposes of this title.
A suspension under subparagraph (A) shall remain in effect until the Commission, by order, grants approval of an application to reinstate, as described in subparagraph (A)(ii).
A suspension under subparagraph (A) shall not affect the validity or force of an extension of unlisted trading privileges in effect prior to such suspension.
The Commission shall not approve an application by a national securities exchange to reinstate its ability to extend unlisted trading privileges to a security unless the Commission finds, after notice and opportunity for hearing, that the extension of unlisted trading privileges pursuant to such application is consistent with the maintenance of fair and orderly markets, the protection of investors and the public interest, and otherwise in furtherance of the purposes of this title. If the application is made to reinstate unlisted trading privileges to a security described in paragraph (1)(A)(ii), the Commission--
shall take account of the public trading activity in such security, the character of such trading, the impact of such extension on the existing markets for such a security, and the desirability of removing impediments to and the progress that has been made toward the development of a national market system; and
shall not grant any such application if any rule of the national securities exchange making application under this subsection would unreasonably impair the ability of a dealer to solicit or effect transactions in such security for its own account, or would unreasonably restrict competition among dealers in such security or between such dealers acting in the capacity of marketmakers who are specialists and such dealers who are not specialists.
Notwithstanding paragraph (2), the Commission shall by rules and regulations suspend unlisted trading privileges in whole or in part for any or all classes of securities for a period not exceeding twelve months, if it deems such suspension necessary or appropriate in the public interest or for the protection of investors or to prevent evasion of the purposes of this title.
On the application of the issuer of any security for which unlisted trading privileges on any exchange have been continued or extended pursuant to this subsection, or of any broker or dealer who makes or creates a market for such security, or of any other person having a bona fide interest in the question of termination or suspension of such unlisted trading privileges, or on its own motion, the Commission shall by order terminate, or suspend for a period not exceeding twelve months, such unlisted trading privileges for such security if the Commission finds, after appropriate notice and opportunity for hearing, that such termination or suspension is necessary or appropriate in the public interest or for the protection of investors.
In any proceeding under this subsection in which appropriate notice and opportunity for hearing are required, notice of not less than ten days to the applicant in such proceeding, to the issuer of the security involved, to the exchange which is seeking to continue or extend or has continued or extended unlisted trading privileges for such security, and to the exchange, if any, on which such security is listed and registered, shall be deemed adequate notice, and any broker or dealer who makes or creates a market for such security, and any other person having a bona fide interest in such proceeding, shall upon application be entitled to be heard.
Any security for which unlisted trading privileges are continued or extended pursuant to this subsection shall be deemed to be registered on a national securities exchange within the meaning of this title. The powers and duties of the Commission under this title shall be applicable to the rules of an exchange in respect of any such security. The Commission may, by such rules and regulations as it deems necessary or appropriate in the public interest or for the protection of investors, either unconditionally or upon specified terms and conditions, or for stated periods, exempt such securities from the operation of any provision of section 13, 14, or 16.
Registration of securities by issuer; exemptions
Every issuer which is engaged in interstate commerce, or in a business affecting interstate commerce, or whose securities are traded by use of the mails or any means or instrumentality of interstate commerce shall--
within one hundred and twenty days after the last day of its first fiscal year ended after July 1, 1964, on which the issuer has total assets exceeding $1,000,000 and a class of equity security (other than an exempted security) held of record by seven hundred and fifty or more persons; and
within one hundred and twenty days after the last day of its first fiscal year ended after two years from July 1, 1964, on which the issuer has total assets exceeding $1,000,000 and a class of equity security (other than an exempted security) held of record by five hundred or more but less than seven hundred and fifty persons,
register such security by filing with the Commission a registration statement (and such copies thereof as the Commission may require) with respect to such security containing such information and documents as the Commission may specify comparable to that which is required in an application to register a security pursuant to subsection (b) of this section. Each such registration statement shall become effective sixty days after filing with the Commission or within such shorter period as the Commission may direct. Until such registration statement becomes effective it shall not be deemed filed for the purposes of section 18. Any issuer may register any class of equity security not required to be registered by filing a registration statement pursuant to the provisions of this paragraph. The Commission is authorized to extend the date upon which any issuer or class of issuers is required to register a security pursuant to the provisions of this paragraph.
The provisions of this subsection shall not apply in respect of--
any security listed and registered on a national securities exchange.
any security issued by an investment company registered pursuant to section 8 of the Investment Company Act of 1940.
any security, other than permanent stock, guaranty stock, permanent reserve stock, or any similar certificate evidencing nonwithdrawable capital, issued by a savings and loan association, building and loan association, cooperative bank, homestead association, or similar institution, which is supervised and examined by State or Federal authority having supervision over any such institution.
any security of an issuer organized and operated exclusively for religious, educational, benevolent, fraternal, charitable, or reformatory purposes and not for pecuniary profit, and no part of the net earnings of which inures to the benefit of any private shareholder or individual; or any security of a fund that is excluded from the definition of an investment company under section 3(c)(10)(B) of the Investment Company Act of 1940.
any security of an issuer which is a "cooperative association" as defined in the Agricultural Marketing Act, approved June 15, 1929, as amended, [12 U.S.C.A. 1141 et seq.], or a federation of such cooperative associations, if such federation possesses no greater powers or purposes than cooperative associations so defined.
any security issued by a mutual or cooperative organization which supplies a commodity or service primarily for the benefit of its members and operates not for pecuniary profit, but only if the security is part of a class issuable only to persons who purchase commodities or services from the issuer, the security is transferable only to a successor in interest or occupancy of premises serviced or to be served by the issuer, and no dividends are payable to the holder of the security.
any security issued by an insurance company if all of the following conditions are met:
Such insurance company is required to and does file an annual statement with the Commissioner of Insurance (or other officer or agency performing a similar function) of its domiciliary State, and such annual statement conforms to that prescribed by the National Association of Insurance Commissioners or in the determination of such State commissioner, officer or agency substantially conforms to that so prescribed.
Such insurance company is subject to regulation by its domiciliary State of proxies, consents, or authorizations in respect of securities issued by such company and such regulation conforms to that prescribed by the National Association of Insurance Commissioners.
After July 1, 1966, the purchase and sales of securities issued by such insurance company by beneficial owners, directors, or officers of such company are subject to regulation (including reporting) by its domiciliary State substantially in the manner provided in section 16.
any interest or participation in any collective trust funds maintained by a bank or in a separate account maintained by an insurance company which interest or participation is issued in connection with (i) a stock bonus, pension, or profit-sharing plan which meets the requirements for qualification under section 401 of Title 26, or (ii) an annuity plan which meets the requirements for deduction of the employer's contribution under section 404(a)(2) of Title 26.
The Commission may by rules or regulations or, on its own motion, after notice and opportunity for hearing, by order, exempt from this subsection any security of a foreign issuer, including any certificate of deposit for such a security, if the Commission finds that such exemption is in the public interest and is consistent with the protection of investors.
Registration of any class of security pursuant to this subsection shall be terminated ninety days, or such shorter period as the Commission may determine, after the issuer files a certification with the Commission that the number of holders of record of such class of security is reduced to less than three hundred persons. The Commission shall after notice and opportunity for hearing deny termination of registration if it finds that the certification is untrue. Termination of registration shall be deferred pending final determination on the question of denial.
For the purposes of this subsection the term "class" shall include all securities of an issuer which are of substantially similar character and the holders of which enjoy substantially similar rights and privileges. The Commission may for the purpose of this subsection define by rules and regulations the terms "total assets" and "held of record" as it deems necessary or appropriate in the public interest or for the protection of investors in order to prevent circumvention of the provisions of this subsection. For purposes of this subsection, a security futures product shall not be considered a class of equity security of the issuer of the securities underlying the security futures product.
Exemption by rules and regulations from certain provisions of section
The Commission may by rules and regulations, or upon application of an interested person, by order, after notice and opportunity for hearing, exempt in whole or in part any issuer or class of issuers from the provisions of subsection (g) of this section or from section 13, 14, or 15(d) or may exempt from section 16 any officer, director, or beneficial owner of securities of any issuer, any security of which is required to be registered pursuant to subsection (g) hereof, upon such terms and conditions and for such period as it deems necessary or appropriate, if the Commission finds, by reason of the number of public investors, amount of trading interest in the securities, the nature and extent of the activities of the issuer, income or assets of the issuer, or otherwise, that such action is not inconsistent with the public interest or the protection of investors. The Commission may, for the purposes of any of the above-mentioned sections or subsections of this title, classify issuers and prescribe requirements appropriate for each such class.
Securities issued by banks
In respect of any securities issued by banks and savings associations and deposits of which are insured in accordance with the Federal Deposit Insurance Act [12 USCS § § 1811 et seq.], the powers, functions, and duties vested in the Commission to administer and enforce sections 10A(m), 12, 13, 14(a), 14(c), 14(d), 14(f), and 16 of this Act, and sections 302, 303, 304, 306, 401(b), 404, 406, and 407 of the Sarbanes-Oxley Act of 2002, (1) with respect to national banks and banks operating under the Code of Law for the District of Columbia are vested in the Comptroller of the Currency, (2) with respect to all other member banks of the Federal Reserve System are vested in the Board of Governors of the Federal Reserve System, (3) with respect to all other insured banks are vested in the Federal Deposit Insurance Corporation, and (4) with respect to savings associations the accounts of which are insured by the Federal Deposit Insurance Corporation are vested in the Office of Thrift Supervision. The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision shall have the power to make such rules and regulations as may be necessary for the execution of the functions vested in them as provided in this subsection. In carrying out their responsibilities under this subsection, the agencies named in the first sentence of this subsection shall issue substantially similar regulations to regulations and rules issued by the Commission under sections 10A(m), 12, 13, 14(a), 14(c), 14(d), 14(f) and 16 of this Act, and sections 302, 303, 304, 306, 401(b), 404, 406, and 407 of the Sarbanes-Oxley Act of 2002, unless they find that implementation of substantially similar regulations with respect to insured banks and insured institutions are not necessary or appropriate in the public interest or for protection of investors, and publish such findings, and the detailed reasons therefor, in the Federal Register. Such regulations of the above-named agencies, or the reasons for failure to publish such substantially similar regulations to those of the Commission, shall be published in the Federal Register within 120 days of the date of enactment of this subsection, and, thereafter, within 60 days of any changes made by the Commission in its relevant regulations and rules.
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.
Trading suspensions; emergency authority
Trading suspensions
If in its opinion the public interest and the protection of investors so require, the Commission is authorized by order--
summarily to suspend trading in any security (other than an exempted security) for a period not exceeding 10 business days, and
summarily to suspend all trading on any national securities exchange or otherwise, in securities other than exempted securities, for a period not exceeding 90 calendar days.
The action described in subparagraph (B) shall not take effect unless the Commission notifies the President of its decision and the President notifies the Commission that the President does not disapprove of such decision. If the actions described in subparagraph (A) or (B) involve a security futures product, the Commission shall consult with and consider the views of the Commodity Futures Trading Commission.
Emergency orders
The Commission, in an emergency, may by order summarily take such action to alter, supplement, suspend, or impose requirements or restrictions with respect to any matter or action subject to regulation by the Commission or a self-regulatory organization under this title, as the Commission determines is necessary in the public interest and for the protection of investors--
to maintain or restore fair and orderly securities markets (other than markets in exempted securities); or
to ensure prompt, accurate, and safe clearance and settlement of transactions in securities (other than exempted securities).
An order of the Commission under this paragraph (2) shall continue in effect for the period specified by the Commission, and may be extended, except that in no event shall the Commission's action continue in effect for more than 10 business days, including extensions. If the actions described in subparagraph (A) involve a security futures product, the Commission shall consult with and consider the views of the Commodity Futures Trading Commission. In exercising its authority under this paragraph, the Commission shall not be required to comply with the provisions of section 553 of Title 5 or with the provisions of section 19(c) of this title.
Termination of emergency actions by President
The President may direct that action taken by the Commission under paragraph (1)(B) or paragraph (2) of this subsection shall not continue in effect.
Compliance with orders
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 in contravention of an order of the Commission under this subsection unless such order has been stayed, modified, or set aside as provided in paragraph (5) of this subsection or has ceased to be effective upon direction of the President as provided in paragraph (3).
Limitations on review of orders
An order of the Commission pursuant to this subsection shall be subject to review only as provided in section 25(a). Review shall be based on an examination of all the information before the Commission at the time such order was issued. The reviewing court shall not enter a stay, writ of mandamus, or similar relief unless the court finds, after notice and hearing before a panel of the court, that the Commission's action is arbitrary, capricious, an abuse of discretion, or otherwise not in accordance with law.
"Emergency" defined
For purposes of this subsection, the term "emergency" means a major market disturbance characterized by or constituting--
sudden and excessive fluctuations of securities prices generally, or a substantial threat thereof, that threaten fair and orderly markets, or
a substantial disruption of the safe or efficient operation of the national system for clearance and settlement of securities, or a substantial threat thereof.
Issuance of any security in contravention of rules and regulations; application to annuity contracts and variable life policies
It shall be unlawful for an issuer, any class of whose securities is registered pursuant to this section or would be required to be so registered except for the exemption from registration provided by subsection (g)(2)(B) or (g)(2)(G) of this section, by the use of any means or instrumentality of interstate commerce, or of the mails, to issue, either originally or upon transfer, any of such securities in a form or with a format which contravenes such rules and regulations as the Commission may prescribe as necessary or appropriate for the prompt and accurate clearance and settlement of transactions in securities. The provisions of this subsection shall not apply to variable annuity contracts or variable life policies issued by an insurance company or its separate accounts.
http://www.law.uc.edu/CCL/34Act/sec12.html
Trading suspended by SEC until July 9!!
Confirmend through my broker!!
Pink OTC Markets News Service
Washington, D.C.—
U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C.
SECURITIES EXCHANGE ACT OF 1934 Release No. 60166 / June 24, 2009
The U.S. Securities and Exchange Commission announced the temporary suspension of trading in the securities of the following issuers, commencing at 9:30 a.m. EDT on June 24, 2009 and terminating at 11:59 p.m. EDT on July 8, 2009:
Paivis Corp. (PAVC)
Peabodys Coffee, Inc. (PBDY)
Penge Corp. (PNGC)
Petrol Industries, Inc. (n/k/a Caddo International, Inc.) (CADD)
Phantom Entertainment, Inc. (PHEI)
Phoenix Medical Technology, Inc. (PHXT)
Phoenix Metals USA II, Inc. (a/k/a TM Media Group, Inc.) (TMMG)
Phymed, Inc. (PYMD)
Pico Products, Inc. (PPIP)
Piemonte Foods, Inc. (PIFI)
The Commission temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they have not filed certain periodic reports with the Commission. This order was entered pursuant to Section 12(k) of the Securities Exchange Act of 1934 (Exchange Act).
The Commission cautions brokers, dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by these companies. Brokers and dealers should be alert to the fact that, pursuant to Exchange Act Rule 15c211, at the termination of the trading suspensions, no quotation may be entered relating to the securities of the subject companies unless and until the broker or dealer has strictly complied with all of the provisions of the rule. If any broker or dealer is uncertain as to what is required by the rule, it should refrain from entering quotations relating to the securities of these companies that have been subject to trading suspensions until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. Any broker or dealer with questions regarding the rule should contact the staff of the Securities and Exchange Commission in Washington, DC at (202) 551-5720. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker, dealer or other person has any information which may relate to this matter, they should immediately communicate it to the Delinquent Filings Branch of the Division of Enforcement at (202) 551-5466, or by e-mail at DelinquentFilings@sec.gov.
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=PHEI
Visa connects to operators worldwide through NeuStar for mobile payments
Posted by Cian on Jun 24, 2009 9:23
Visa and NeuStar have announced an alliance to bring mobile finances straight in at the operator level. Through NeuStars history in global carrier inter-connections, Visa hopes to create a system of mobile transactions that will work reliably all over the world.
The basic idea here is that since both Visa and NeuStar both have existing worldwide services, it’ll be easy for Visa to connect it’s transaction services with operators. And since that transaction network will be in place world-wide, it will be able to speed the creation of mobile services that operate globally, and provide an identical user experience for people using m-banking services. The role of NeuStar in this deal will be to guarantee safe and reliable transfer of data between everyone involved - from operators, to users, to financial institutions.
Via PC World
From the release:
“The Visa-NeuStar alliance provides Visa a single point of connection to mobile network operators around the globe and supports Visa’s global strategy to extend its products and services to the mobile channel,” said Elizabeth Buse, Head of Product at Visa Inc. “This initiative has the potential to accelerate delivery of mobile financial services in both emerging and developed economies. Those services include mobile payments, wireless top-up of prepaid accounts, money transfer, value-added services such as alerts and offers and mobile acceptance of electronic payments.”
“NeuStar, Visa and our operator partners represent trusted brands, Visa in payments and NeuStar in network data exchange, and operators in mobile communications,” said Steve Edwards, Senior Vice President of Converged Addressing Services at NeuStar. “This collaboration enables network operators, financial institutions, Visa, and consumers to move rapidly into the world of mobile payments and take advantage of the exciting opportunities ahead. We look forward to joining Visa, financial institutions, and mobile network operators in developing best practices and applications for mobile financial services.”
What we think?
I know mobile payment services are advancing at a dizzying rate, but I’m still excited about this announcement. For m-finance to really take off, it requires exactly what this offers: a trusted, global inter-connections company service enabling a global network of connections between carriers and one of the worlds biggest transaction companies. It’s also nice to see a company of Visa’s size taking confident steps, especially after MasterCard tip-toed into America with MoneySend last week.
http://www.gomonews.com/visa-connects-to-operators-worldwide-through-neustar-for-mobile-payments/
Note the patent application 61036485 and titled Optical Messaging Interchange System that was filed on 3/14/2008.
This application is not yet published, anyone know where to find the filing documents?
Interesting, looks like GSI is about to release version 1 of the Download Manager.(end of June)
http://games.gamestreamer.net/system/misc/download_manager.html#
Here is the answer posted on the blog to the same question.
The blog post indicating a formal PR was apparently referring to the Maingear PR.
phantomadmin Says:
June 19, 2009 at 5:56 pm
B-man –
A formal press release is about the Phantom Lapboard ( a PHEI product ) in the Market, we are passing the news on to you – an Official Press release would be about Phantom Entertainement the company announcing / talking about one of it’s products… there is a huge difference – we aren’t trying to trick ya.
Also, I don’t have an issue with your concern and anxiousness – yet don’t complain on this blog… it really doesn’t help anyone and is actually kinda insulting.
I am expecting a series of PR's over the next several weeks but what do I know. Lots of room to run here with a 2Mil market cap. I am very impressed with the Gamestreamer/Streamserv business plan and that is where the big money potential is IMO. PHEI should benefit nicely from that affiliation and their 49% interest and 7% revenue sharing agreement.
If they can execute should be easily worth 10 times current market IMO. GLTA
Phantom Lapboard is standard for the new Maingear system. Other keyboard options are more expensive unless you don't want one at all. Scroll down the webpage.
http://www.maingear.com/boutique/pc/configurePrd.asp?idproduct=414
Good ol print screen, it's not goin anywhere now.
The list of phones is growing, I see the Blackberry Storm is now available amongst others. Verizon is exclusive in the US I believe.
Blog comment from PHEI
Thank you, we just need to get our ducks in a row for the press release, we all appreciate your cooperation – had to get some approval for quotes, etc and will be sending it out on the wire tomorrow morning. Those who saw the post earlier know that the product is live and ready to order.
http://pheiblog.wordpress.com/2009/06/17/lapboard-news/#comments
"Changing the name was the culmination of our efforts to build an innovative and highly effective international business."
Sounds as though they are telling us that the effort to become a highly effective international business had been achieved. I say "now show us"
Here is todays data, 16.3mil buys - 1.5mil sells.
http://ih.advfn.com/p.php?pid=trades&cb=1245274268&symbol=NO^PHEI&java_vm=sun&java_vm_ver=1.6.0_13&fp=10.0.22
PHEI news pending, posted on the blog today!
A formal press release will be forthcoming… ( hopefully today )
The lapboard has made some friends
Please stay tuned.
http://pheiblog.wordpress.com/
PHEI news pending, posted on the company blog today!
A formal press release will be forthcoming… ( hopefully today )
The lapboard has made some friends
Please stay tuned.
http://pheiblog.wordpress.com/
PHEI news pending, posted on the blog today!
A formal press release will be forthcoming… ( hopefully today )
The lapboard has made some friends
Please stay tuned.
http://pheiblog.wordpress.com/
PHEI news pending!
A formal press release will be forthcoming… ( hopefully today )
The lapboard has made some friends
Please stay tuned.
http://pheiblog.wordpress.com/
If I am not mistaken, MAINGEAR will also be a White Label Partner for the Gamestreamer game store. Looks like that is their Game Store home page in the first slide. If all of these WLP's make the lapboard available it can only bode well for PHEI.
Sweet, products for sale, partners coming on board, hopefully the Game store will relaunch soon. I like the potential here. GLTA
From the link you provided:
Jun 13 2009
The Missing Link
Till now there was no way for anyone to comfortably enjoy pc gaming in the living room. This is one of the advantages that Xbox 360 and PS3 had over PC Gaming. There just wasn’t that perfect keyboard and mouse that you could comfortably sit down on your couch and game for hours with.
John Landino, Phantom CEO, personally came by and dropped off a few production units of their Lapboard for me to check out, and I must say that I’m very impressed. There’s just something really cool about playing FarCry 2 from my couch on my Samsung HDTV at home. We’ll be selling these w/ our soon to be announced AXESS G media center. Check out the pics.
http://www.wallacesantos.com/
Public PAIRS application number 90008779
Available Documents
06-09-2009 RXCERT Reexamination Certificate Issued 4
Notice the Assignee listed on the certificate. WTF
Frac, did you read the link that I posted yesterday for your review? Judge Francis is the mediator in the upcoming settlement conference(s). He will not be ruling on the validity of the patent. His function is to attempt to facilitate a settlement but if that does not happen the case will go on as if the mediation never happened most likely with Judge Holwell. This is the point that I think you are confused on as you keep repeating it. The time line is unknown as to when we will see a final resolution. The link states that the first mediation conference should be scheduled within 150 days of the order and so on. At least thats the way I read it, if I am wrong would someone please enlighten me, Fric I am not well versed in the dealings of Magistrate Judges.
http://www.fjc.gov/public/home.nsf/autoframe?openform&url_l=/public/home.nsf/inavgeneral?openpage&url_r=/public/home.nsf/pages/755
the PHEI blog.
Posted in Message from the CEO on June 12, 2009 by phantomadmin
Hey everyone, things are going well and I can feel the vibe flowing through the blog. We are getting now a steady 500 -700 visits a day rate. I’m excited that news is traveling out into the world and back again.
I’m a little disappointed in what I’ve been finding in “other” forum hot spots, but I guess that is to be expected. Some big deal in India or something… hahah doesn’t exist. That being said, talk like that will NEVER be allowed on this blog.
I’m starting to see some new faces in the comments section, and as they are always welcome I’d like to see less comments though of anything to do with our stock, no asking, no quotes, no assumptions, no far fetched ideas on the future, no I’ll show you mine if your show me yours. This is an informational forum, outside of the financial world. Please pump somewhere else.
If we as a company are doing well in a monetary manner this will be directly reflected in a multitude of brokages or online stock checking devices. While we do now and then post good news on the blog - if we are going to “announce” anything huge it will usually be in the form of a public press release.
Thanks as always, and we appreciate your continued support.
http://pheiblog.wordpress.com/
Yeah right!! Might want to work with the facts here, its confusing when you guess!
U.S. District Court
United States District Court for the Southern District of New York (Foley Square - Suspense)
CIVIL DOCKET FOR CASE #: 2:04-cv-03026-RJH
04/17/2009 Minute Entry for proceedings held before Judge Richard J. Holwell: Status Conference held on 4/17/2009. Related case to be filed. Cases to be referred to MJ Francis for settlement at that time. (mro) (Entered: 05/15/2009)
******************************************************
Hon. James C. Francis
United States Magistrate Judge
Daniel Patrick Moynihan
United States Courthouse
500 Pearl St.
New York, NY 10007-1312
Courtroom: 18D
Chambers Phone: (212) 805-0206
Deputy Phone:
(212) 805-0557
http://www1.nysd.uscourts.gov/judge_info.php?id=64
*****************************************************
Southern District of New York
Mediation in New York Southern
Case selection
Eligibility of cases. All cases seeking only money damages are eligible for mandatory referral to mediation except cases seeking relief other than money damages and Social Security, tax, prisoner civil rights, and pro se cases. The parties in any ineligible case may ask the court by written stipulation to refer the case or any part of it to mediation.
Referral method. All cases are reviewed by the CJRA staff attorney and the assigned judge for eligibility for mediation. At the initial case management conference, the judge discusses mediation with the parties, and the judge and parties decide whether the entire case or parts of it should be referred. A general time frame for the mediation is set and the judge then prepares an order referring the case.
That would be Judge Holwell referring the case to Magistrate Judge Francis for settlement
http://www.fjc.gov/public/home.nsf/autoframe?openform&url_l=/public/home.nsf/inavgeneral?openpage&url_r=/public/home.nsf/pages/755
And you are confusing a settlement conference with a Magistrate Judge as a probable definitive ruling in the absence of settlement. If settlement cannot be reached the case will revert back to the docket of Judge Holwell for trial.
Whole lot of misinformation getting spread around by some new posters here! Ok I'm done back to lurking!
The warrants have a face value ranging from .01 to .075 (most at .02). There are provisions whereby NEOM can force purchase if the stock value maintains a certain level above the stated warrant price but you can rest assured that YA will never pay .11 for them. They would get them at face value not current market value. YA will realize an instant return for them if they buy warrants at .01-.02 with a current fair market value of common stock at .11. Common shareholders will get more dilution and NEOM will get some cash. Not a good deal for shareholders IMO
Better volume, good to see those 1's gettin hit.