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.<font color=#006400> SYMBOL CHANGES
Four more Yorkville Clients get the "E" appended for missing SEC filing deadlines.
NSEOE.OB
SVMIE.OB
TRNPE.OB
WGATE.OB
I read those threads just now.
Good calls , well supported , and for the right reasons.
That's the reason for this board. Not so much to pick on particular stocks (although some do stand out) .... but to generally educate/inform/warn folks about the high probability of share price depreciation when a company's situation results in it turning to these types of financings.
As always , everyone makes their own decisions based on available info and any stock can be traded for profits at any given time.
jonesie
YJ, I think drmyke and edster have the answer ...
... and I would like to believe the answer to your questions is that YA wants to keep NEOM alive because somehow they , as the largest(?) shareholder , know more about what's going on at NEOM than the rest of the shareholders.
I'm not sure that's fair , but it probably is.
But whether they expect something really good to happen , or as drmyke suggested they might expect at least some share-price-popping PRs (and YA probably knows just how far the pop will go if you know what I mean, although we won't know until too late) .... or if it's purely as edster says, they can't keep selling shares if they don't keep the company running and public .... either way YA will certainly come out ahead , and we might come out a little ahead.
Anyway , with YAGI making 39% + 15% ... + whatever they might make on selling tens of millions of shares they can get at a 20% discount ... (nobody corrected me , yet lol) ... maybe they decided they could live without warrants this time.
jonesie
Ooops?
So far I've only published about 35% of what I have ... and the database keeps growing.
"It's all out there, flying through the air. You just have to know how to reach out and grab it." -Heat
lol
jonesie
And after 226 days ....
.... without a PR having anything to do with 'core' NeoMedia , we are finally treated to finding out just what they HAVE been doing lately .... simply more of the same , financing , financing , financing , dilution , dilution , dilution , paperwork , paperwork , paperwork.
Great job. That financing should perfectly cover 3 months pay for Chip , Frank and GO. First things first!
Thanks Chip. Thanks Frank. Thanks JJ.
jonesie
Just saw that myself TVDirector, thanks.
Yep, at it again.
Let's see , $390,000 at a 15% APR and NEOM has to pay them back the $390,000 + that interest + a redemption premium of 20% ?
And out of the $390K NEOM paid $39,000 and $15,000 back to YAGI for monitoring, due diligence blah blah blah.
So , NEOM got to actually keep $336,000 .... and will have to pay YAGI $390,000 + $78,000 premium = $468,000 + the 15% interest.
So let's see, YAGI starts off making 39% on the deal? ($132,000 / $336,000?)
Then gets the 15% interest per year?
If I've done that anywhere close to correctly it's pretty usurious but then what's new lol.
And Yorkville could have started on April 12th if they wanted to and convert into shares at 80% of .005 giving them a .004 price per share and start dumping them on us without restriction.
$390,000 worth of $.004 shares makes the deal worth 97,500,000 shares.
I know I'm probably doing something wrong, any expert feel free to jump in and show me where it's either one or the other (huge cash repayment or shares) but not both lol.
Please.
jonesie
8-K out for AWTI ..... ugly.
A default leading to a demand notice for the full amount owed.
http://www.sec.gov/Archives/edgar/data/1098207/000135448808000640/airwater8k.htm
This is the first time I've run across AWTI , and it's the first time I've seen this phrase "Montgomery Equity Partners, Ltd., through its representative Yorkville Advisors".
However I do have Montgomery Equity Partners listed as a Yorkville affiliate in the iBox here #board-9964 .
"Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
On March 26, 2008, the Registrant received a Notice of Default from Montgomery Equity Partners, Ltd., a holder of Secured Convertible Promissory Notes of the Registrant. Such notes are dated February 27, 2006 and October 16, 2006 and bear an interest rate of 9%. Pursuant to the terms of default, the notes bear a default interest rate of 15%. The Notice of Default sites failure to make payment of the Notes on the maturity date and failure of the Registrant to be quoted or listed on the OTC Bulletin Board or any other Principal Market. Montgomery Equity Partners, Ltd. has made demand for the full amount of the Notes, together with any accrued interest and other amounts due and owing. The total outstanding principal on the Notes is $1,445,784. Accrued interest and other amounts is estimated at $200,000. Subsequent to the Notice of Default, Montgomery Equity Partners, Ltd., through its representative Yorkville Advisors, has indicated a willingness to discuss “forbearance” and negotiations are continuing for an amicable resolution of these matters. However, there can be no assurances that the discussions will be successful."
8-K out for AWTI ..... ugly.
A default leading to a demand notice for the full amount owed.
http://www.sec.gov/Archives/edgar/data/1098207/000135448808000640/airwater8k.htm
This is the first time I've run across AWTI , and it's the first time I've seen this phrase "Montgomery Equity Partners, Ltd., through its representative Yorkville Advisors".
We do have Montgomery Equity Partners listed in the iBox as a Yorkville affiliate.
"Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
On March 26, 2008, the Registrant received a Notice of Default from Montgomery Equity Partners, Ltd., a holder of Secured Convertible Promissory Notes of the Registrant. Such notes are dated February 27, 2006 and October 16, 2006 and bear an interest rate of 9%. Pursuant to the terms of default, the notes bear a default interest rate of 15%. The Notice of Default sites failure to make payment of the Notes on the maturity date and failure of the Registrant to be quoted or listed on the OTC Bulletin Board or any other Principal Market. Montgomery Equity Partners, Ltd. has made demand for the full amount of the Notes, together with any accrued interest and other amounts due and owing. The total outstanding principal on the Notes is $1,445,784. Accrued interest and other amounts is estimated at $200,000. Subsequent to the Notice of Default, Montgomery Equity Partners, Ltd., through its representative Yorkville Advisors, has indicated a willingness to discuss “forbearance” and negotiations are continuing for an amicable resolution of these matters. However, there can be no assurances that the discussions will be successful."
.<font color=red>FEATURED COZY NETWORK UPDATE
More "Tobin Smith Stuff"
This seems to have been penned in early August 2007 but I could be wrong. Link compliments of mld38 on the Toby Smith Stock Review Board #board-4469 . All comments in italics are by me -jonesie
http://www.thinkfn.com/en/index.php?option=com_content&task=view&id=89
"Tobin Smith's dark side
Tobin Smith is a resident talkhead in Fox News Channel's Bull & Bear. He is also the man behind Changewave Alliance, a large group of investors.
Due to rising doubts regarding ZROS.OB – now VOYT.OB (the company basically "did not exist" and the Rocketstream tech being hyped had been around since 2003 ...), I decided to conduct a litte investigation. I already know that NEOM.OB and MOBL.OB were both financed by Cornell Capital Parners, so I was already a bit suspicious.
Well, after digging a little, I found this bit of information:
Tobin Smith Joins Emerge Capital as Chief Investment Officer and Board Member Emerge Capital Corp (OTCBB:NUWV previously known as NuWave Technologies, Inc.) announces that Tobin Smith, Chairman of ChangeWave Research, has joined the company as Chief Investment Officer and a member of the Board of Directors. He has also received options to acquire fifteen percent of the common stock of Emerge Capital. - 2005-10-05
Afterwards, NUWV.OB became Turnaround Partners, Inc. (TRNP.OB) ... and what do you discover in a TNRP.OB 10-Q ?
"To date, a significant portion of our business has come from an institutional fund (Cornell Capital Partners) that invests primarily in micro-cap companies"
My bad, what a large coincidence this is. The SAME firm that financed two other worthless stocks (NEOM and MOBL?) he pumped is now giving him (Tobin) a job ... I guess if the SEC were to conduct their own investigation, something might well come out of it."
For those of you who don't already know , TRNP Turnaround Partners / Corporate Strategies CEO up until just recently was Tim Connolly. My memory tells me a recent TRNP SEC filing says that Tim is being paid full-pay through the end of 2008 even though he 'left' TRNP in 2007. Tim can be found in Table A in the iBox of my Yorkville/Cornell board as having been involved with several Yorkville/Cornell clients , AOTL.PK IVOI.OB NTNI.OB NXNO.PK PWTC.PK and of course TRNP.OB itself is a Yorkville/Cornell client.
So, the web grows ever larger and/or ever more interconnected , with at least one new link between Tobin and Yorkville via the TRNP connection , bringing Tobin's Yorkville connections so far to 5 , TREN , MOBL , SMTR , NEOM & TRNP. And I just started looking at these.
I knew I never liked looking at Tobin , he just looks like a con man.
JMHO
jonesie
More "Tobin Smith Stuff"
This seems to have been penned in early August 2007 but I could be wrong. All comments in italics are by me -jonesie
http://www.thinkfn.com/en/index.php?option=com_content&task=view&id=89
"Tobin Smith's dark side
Tobin Smith is a resident talkhead in Fox News Channel's Bull & Bear. He is also the man behind Changewave Alliance, a large group of investors.
Due to rising doubts regarding ZROS.OB – now VOYT.OB (the company basically "did not exist" and the Rocketstream tech being hyped had been around since 2003 ...), I decided to conduct a litte investigation. I already know that NEOM.OB and MOBL.OB were both financed by Cornell Capital Parners, so I was already a bit suspicious.
Well, after digging a little, I found this bit of information:
Tobin Smith Joins Emerge Capital as Chief Investment Officer and Board Member Emerge Capital Corp (OTCBB:NUWV previously known as NuWave Technologies, Inc.) announces that Tobin Smith, Chairman of ChangeWave Research, has joined the company as Chief Investment Officer and a member of the Board of Directors. He has also received options to acquire fifteen percent of the common stock of Emerge Capital. - 2005-10-05
Afterwards, NUWV.OB became Turnaround Partners, Inc. (TRNP.OB) ... and what do you discover in a TNRP.OB 10-Q ?
"To date, a significant portion of our business has come from an institutional fund (Cornell Capital Partners) that invests primarily in micro-cap companies"
My bad, what a large coincidence this is. The SAME firm that financed two other worthless stocks (NEOM and MOBL?) he pumped is now giving him (Tobin) a job ... I guess if the SEC were to conduct their own investigation, something might well come out of it."
For those of you who don't already know , TRNP Turnaround Partners / Corporate Strategies CEO up until just recently was Tim Connolly. My memory tells me a recent TRNP SEC filing says that Tim is being paid full-pay through the end of 2008 even though he 'left' TRNP in 2007. Tim can be found in Table A in the iBox of my Yorkville/Cornell board as having been involved with several Yorkville/Cornell clients , AOTL.PK IVOI.OB NTNI.OB NXNO.PK PWTC.PK and of course TRNP.OB itself is a Yorkville/Cornell client.
So, the web grows ever larger and/or ever more interconnected , with at least one new link between Tobin and Yorkville via the TRNP connection , bringing Tobin's Yorkville connections so far to 5 , TREN , MOBL , SMTR , NEOM & TRNP. And I just started looking at these.
I knew I never liked looking at Tobin , he just looks like a con man.
JMHO
jonesie
Especially "delicate" now that Thornhill Capital ...
... which includes Al Refkin/JJ Keil/David Dodge/Jay Bonk (is he still with them? His bio disappeared) and various other ex-NeoMedia-related notables ... are gung ho after more business with the Chinese. Last I looked Thornhill was about to add the option to their website to choose Chinese as a language.
So although we offered Al a bunch of warrant or options repricing for helping collect that debt , I don't think he got us the money. I wonder if we went ahead and reduced his warrant prices or option prices anyway.
David Dodge not getting us that money while working for AutoMart was just sick. Or slick.
JMHO
jonesie
MLD38, interesting stuff, thanks ....
.... I'll go through it.
I see you and I both have MOBL as a TS reco, and with the SMTR, NEOM & TREN I had already, TRNP makes an interesting addition , to say the least.
I'll definitely do some looking into THAT one , good ol' Tim Conno-lie , I mean Connolly lol.
Tim has been involved with a few Yorkville clients as you might have seen in my Table A , AOTL.PK IVOI.OB NTNI.OB NXNO.PK PWTC.PK and of course TRNP.OB.
I will DEFINITELY be looking into connections between Tim and Tobin lol.
Thank you VERY much MLD38.
regards,
jonesie
p.s. Wow, just read the incognitus comments on the thinkfn.com site, very interesting.
Thanks vines.
So if PUPS caught a strong bid at .005 our 28mill shares would be worth $140,000.
Oh well, PUPS shares aren't going to save us lol, what's that, a one-week burn rate? Less? That's about a month's worth of the top 3 NEOM guys' (CH FP GO) pay packages.
jonesie
PUPS .003 to NEOM's .0048 ....
.... and on 8 times NEOM's volume today.
How much do we own in PUPS? Can we sell it to get badly needed cash?
NOTICES TO DRILL, RE-WORK, ABANDON
No notices for Tri-Valley for week ending 4/12/08
ftp://ftp.consrv.ca.gov/pub/oil/weekly_summary/2008/04-12-2008.pdf
Who here is most familiar with ....
.... Tobin Smith's possible recommendations (past and present) within the OTCBB universe of stocks?
For quite a while now I've been doing research on and analysis of the changing fortunes of clients of toxic financier Yorkville f/k/a Cornell.
http://investorshub.advfn.com/boards/board.asp?board_id=9964
In the course of that research/analysis I have run across some cozy 'networks' of companies + company executives + stock promoters (e.g., Tobin) + Yorkville + Yorkville 'agents'. (See graphic below as an example of the complex web within just one of these networks)
Within just the one network below I found no less than FOUR companies who are not only Yorkville clients but are or were Tobin Smith recommendations.
So, two questions:
- Does anyone here know of other Tobin reco's who happen to be Yorkville f/k/a Cornell clients?
- For any interested, would you please take a look at Table A in the iBox of the board I linked to above and tell me if you see any additional Tobin Smith reco's on that list of around 112 stocks/symbols? That list represents about half of the Yorkville clients we've been able to identify so far.
Thanks for any input! -jonesie
.<font color=red>FEATURED COZY NETWORK UPDATE
Updating this particular Network , adding the Tobin Smith - Yorkville connections within this particular network , showing the Ft. Myers FL connections , and adding George O'Leary's (Yorkville's 'man on the scene') new (3/8/08) BOD assignment with ISON.OB:
.<font color=#006400> SYMBOL CHANGES
Another Yorkville Client loads up and moves to PinkyLand
ADBN.OB changed to ADBN.PK
Quarterly or Annual Reports coming due is often just too much for them and they give up on being fully reporting.
jonesie
"got one email back and then they dropped it"
That's not good , unless .... they have some hot projects going on and are force-ranking the opportunities and allocating the finite resource of their time.
It's sad that whenever we have said 'they must be working on something good' we were wrong. Perhaps that will change one day? Next week? Next month? Next year?
226 days without a PR about core NeoMedia?
jonesie
That was just a joke on my part ...
... combining the two symbols.
Sorry.
Personalizit just said PUPS was a good Rev.Mgr. candidate.
jonesie
Maybe NEOM will reverse merge into PUPS
New symbol: PUNE pronounced pyü-nee
:)
jonesie
How weird is that!
Our other 'new' poster who just joined today , fishingis4me , turns out to be yet another would-be charlatan intent on flaunting IHUB rules.
fishingis4me = jailed
http://investorshub.advfn.com/boards/profile.asp?user=123629
A brief dialogue with IHUB Admin confirmed that:
fishingis4me = brockster
brockster = booted
http://investorshub.advfn.com/boards/profile.asp?user=123630
Sorry for the non-TIV posts , they are just FYI for the newer folks here who may not yet be familiar with just how strictly IHUB enforces their TOU. You won't have to put up with much nonsense , at least not for long! :)
jonesie
I returned from running some errands ...
... a little while ago to find that one of the two new posters to whom I had replied was gone.
Querying IHUB Admin yielded the info that 'brockster' lost his three posts made here and elsewhere , along with his brand new ID , for using multiple aliases , a practice which IHUB eliminates rather quickly whenever possible. He lasted a couple of hours?
Brockster , brockster , we hardly knew ye! lol
http://investorshub.advfn.com/boards/profile.asp?user=123630
Just FYI.
This is just one of the many reasons why I like IHUB. The functionality, search features, chart/photo-posting features, TOU-backed moderation along with IHUB Admin keeping a close watch on things keeps IHUB discussion forums from devolving into the cesspools we have seen elsewhere.
The emphasis on STOCK , COMPANY , and MARKET discussion as opposed to personal attacks on other posters and attacks on opinions certainly seems to keep this site growing in size and popularity.
jonesie
It's gotta still show up in revenues.
At least I think it does.
By mid-May even if TIV says nothing else via PR or DOGGR about PV, PV revenues will almost certainly show up in the 1Q08 Quarterly Report.
jonesie
fishingis4me , brockster ....
... welcome aboard!
Two brand new IHUB members finding their way to the IHUB TIV board , interest is picking up.
They say 3 times is the charm ... we need one more then TIV can be off to the races.
Good luck to all!
jonesie
.<font color=red>POSSIBLE NEW CLIENT
AFSE.OB
Interesting Exhibit in the 10KSB just out
http://www.sec.gov/Archives/edgar/data/1103384/000114036108009648/ex104.htm
Excerpted from the Exhibit ....
.... which primarily deals with the method of paying a consultant to AFSE as well as the introduction of the company to and a potential financing by Yorkville f/k/a Cornell Capital Partners:
"CONSULTING AGREEMENT
This Consulting Agreement (this “Agreement”) is made and effective as of the 1st of February, 2008 (the “Effective Date”), by and between KM Casey No1, LTD (hereinafter referred to as “Consultant”) and ALL Fuels and Energy Company (hereinafter referred to as “Company”).
WHEREAS, the Consultant is hired to provide Business Advisory Services to the Company; and
WHEREAS, upon execution by both parties, this Agreement will replace the previous agreement executed on October 15th, 2007 however, any compensation earned under the October 15th, 2007 agreement up through the date of this Agreement will still be owed to the Consultant; and
WHEREAS, the Consultant is willing to enter into an agreement with the Company upon the terms and conditions herein set forth.
NOW, THEREFORE, in consideration of the premises and covenants herein contained, the parties hereto agree as follows:
1. Term. Subject to the terms and conditions hereof, the term of engagement of the Consultant under this Consulting Agreement shall be for the period commencing on January 23, 2008 (the “Commencement Date”) and terminating on July 22, 2008, unless sooner terminated as provided in accordance with the provisions of Section 5 hereof. (Such term of this agreement is herein sometimes called the “Retained Term”).
2. Consulting Duties. As of the Commencement Date, the Company hereby agrees to retain the Consultant to provide Business Advisory Services as may be requested by the Company during the term hereof.
3. Compensation and Benefits During the Engagement Term.
1. Reimbursement. The Company agrees to reimburse Consultant for all reasonable ordinary and necessary business and travel related expenses upon pre-approved authorization.
2. Restricted Stock. The Consultant shall receive 500,000 shares of the Company’s common stock upon execution of this agreement. Such shares shall be deemed fully earned and are not tied to any performance criteria during the entire term of the Agreement.
3. Fees. The Company agrees to pay for any and all fees and expenses that are incurred by the Consultant on the Company’s behalf. Such expenses are to be paid upon the 5th day of being presented to the Company by the Consultant.
4. Funding Fee. The Consultant will receive 5% of the gross proceeds raised pursuant to an introduction made by the Consultant. The Funding Fee will be paid 1% in cash and 4% in the Company’s common stock valued at the time of closing of each funding. The Company and Consultant have agreed to a fee of 350,000 Warrants at a $0.10 exercise price for the introduction by the Consultant to Cornell / YA Advisors subject to the closing of a funding by Cornell to the Company.
All stock and warrants issued pursuant to this Agreement will have “piggy-back” registration rights. The Company shall not withhold authorization to issue a legal opinion pursuant to Rule 144 for any reason. Such opinion is to be issued within 5 days of the request by the Consultant. In the event the warrants are not registered they will be deemed cashless and will be able to be exercised pursuant to Rule 144....... "
end of excerpt
So , re: AFSE maybe becoming ....
.... a NEW Yorkville/Cornell client , that can be good short term, and nearly always bad long term.
Time will tell!
jonesie
Excerpted from the Exhibit ....
.... which primarily deals with the method of paying a consultant to AFSE as well as the introduction of the company to and potential financing by Yorkville f/k/a Cornell Capital Partners:
"CONSULTING AGREEMENT
This Consulting Agreement (this “Agreement”) is made and effective as of the 1st of February, 2008 (the “Effective Date”), by and between KM Casey No1, LTD (hereinafter referred to as “Consultant”) and ALL Fuels and Energy Company (hereinafter referred to as “Company”).
WHEREAS, the Consultant is hired to provide Business Advisory Services to the Company; and
WHEREAS, upon execution by both parties, this Agreement will replace the previous agreement executed on October 15th, 2007 however, any compensation earned under the October 15th, 2007 agreement up through the date of this Agreement will still be owed to the Consultant; and
WHEREAS, the Consultant is willing to enter into an agreement with the Company upon the terms and conditions herein set forth.
NOW, THEREFORE, in consideration of the premises and covenants herein contained, the parties hereto agree as follows:
1. Term. Subject to the terms and conditions hereof, the term of engagement of the Consultant under this Consulting Agreement shall be for the period commencing on January 23, 2008 (the “Commencement Date”) and terminating on July 22, 2008, unless sooner terminated as provided in accordance with the provisions of Section 5 hereof. (Such term of this agreement is herein sometimes called the “Retained Term”).
2. Consulting Duties. As of the Commencement Date, the Company hereby agrees to retain the Consultant to provide Business Advisory Services as may be requested by the Company during the term hereof.
3. Compensation and Benefits During the Engagement Term.
1. Reimbursement. The Company agrees to reimburse Consultant for all reasonable ordinary and necessary business and travel related expenses upon pre-approved authorization.
2. Restricted Stock. The Consultant shall receive 500,000 shares of the Company’s common stock upon execution of this agreement. Such shares shall be deemed fully earned and are not tied to any performance criteria during the entire term of the Agreement.
3. Fees. The Company agrees to pay for any and all fees and expenses that are incurred by the Consultant on the Company’s behalf. Such expenses are to be paid upon the 5th day of being presented to the Company by the Consultant.
4. Funding Fee. The Consultant will receive 5% of the gross proceeds raised pursuant to an introduction made by the Consultant. The Funding Fee will be paid 1% in cash and 4% in the Company’s common stock valued at the time of closing of each funding. The Company and Consultant have agreed to a fee of 350,000 Warrants at a $0.10 exercise price for the introduction by the Consultant to Cornell / YA Advisors subject to the closing of a funding by Cornell to the Company.
All stock and warrants issued pursuant to this Agreement will have “piggy-back” registration rights. The Company shall not withhold authorization to issue a legal opinion pursuant to Rule 144 for any reason. Such opinion is to be issued within 5 days of the request by the Consultant. In the event the warrants are not registered they will be deemed cashless and will be able to be exercised pursuant to Rule 144....... "
end of excerpt
jonesie
Interesting exhibit from the 10KSB:
http://www.sec.gov/Archives/edgar/data/1103384/000114036108009648/ex104.htm
jonesie
They really do need to get better at this.
If the only thing a company is ever going to do is put out PRs which ultimately have nothing valid in terms of revenues to back them up .... they need to start putting them out more frequently, some good juicy pumpy back to back LOI's and MOU's and JV's.
They can't even play the pinkypump game all that well.
C'mon Ed, get a clue.
jonesie
right les , but I can't do much about wall st/govt
And that graphic clearly goes beyond Fritz's and NEOM.
So, know of any other webs like that? I think the bigger the 'web' the greater the likelihood of garnering attention.
There's a guy named Kevin Kreisler who has quite a web of companies and he has relied heavily on YAGI for financing. I'll be looking into him next , but as complex as it is that one doesn't seem to be quite the same thing.
As I do YAGI research I end up visiting many IHUB forums, at least briefly, to ask a quick question here or there about one thing or another. It has been an AMAZING and eye-opening thing to see how many times and on how many boards NEOM has been mentioned ..... as one of the biggest/best pumps/scams out there.
On some boards when they're pumping (most recently COPI was notable for this) the head cheerleaders would say something like 'COPI is going to do a NEOM' and others would say 'yeah just don't forget to sell before it crashes back like NEOM.'
Anyway, NEOM is known far and wide by IHUB posters/traders as having been a pumped scam which had a great short ride.
That doesn't mean it's absolute fact (the scam part), it's just the general consensus of opinion.
jonesie
boknows, that's certainly my take on it.
And one little otcbb company playing "THE GAME" on their own can easily get away with it. A CEO, CFO, some bad financing, maybe even a little offshore shorting by everybody involved or maybe they don't even have to go that trouble, do it right here with the right broker and the right connections.
Two little otcbb companies getting together, swapping a couple of connections, interchanging CFO's every now and then, making sweet little side deals with each other, selling their old family businesses to the public company they now run and letting shareholders pay for it .... even that can go unnoticed perhaps.
But THIS? Can THIS kind of continuing brazen activity continue to fly by under the radar?
I certainly hope not.
Who to thank ...
"Thank Cornell/YAGI and your SEC for allowing your investment to slip down the drain so easily. They are the main ones to blame. Sure, the old management sucked (apparently) but..."
Nobody held a gun to management's heads and told them they HAD to play "THE GAME" .... they were very willing and knowledgable players in "THE GAME" IMO.
They willingly entered into "THE GAME" and played the SEC filings-let's use these shares-let's use this public feeding trough-let's not work hard let's just have the right (rip-off) partners GAME.
They did more than just 'suck (apparently)' while YAGI was the bad guy .... MANAGEMENT are the ones who took us down while enriching themselves, building lakeside houses in the mountains, walking away with shares packages and dumping them on us.
YAGI just did what they do best .... they made money with dilutive agreement after dilutive agreement and by dumping shares which crushed our share price .... but management had to sign on the line and let them in to do it.
Thanks Chas, Bill, Hayes, JJ, Chuck, Martin, David.
Thanks George for 'turning us around' (augering us into the ground?) for a mere $211,000 last year.
jonesie
Adding insult to injury: Naked Shorting lol
"BUYINS.NET: NEOM, SPNG, URST, QTEK, USEI, ADBRF Have Also Been Added To Naked Short List Today
--------------------------------------------------------------------------------
M2
09:24 a.m. 04/16/2008
Apr 16, 2008 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: NeoMedia Technologies Inc (NEOM), .........."
Orchestrated indeed.
In case you didn't see this before:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28502939
Too many connections, too many common denominators, perhaps too many to get away with it. Do you perhaps know of another pennyland web as complex as this one? If so I'd like to know about it.
jonesie
p.s. neom2006 has a right to his opinion. He knows the game is rigged for the financiers' benefit, many of us know that and have spent some time showing that graphically. Knowledge of that doesn't necessarily preempt anyone from castigating NeoMedia management past/present ... more than once even lol ... for dragging us all down that frictionless slide into oblivion.
pigmen, re: CV 3026 ....
.... I think that's the patent infringement suit which was brought by NeoMedia against Scanbuy. It was 'stayed' by NeoMedia several months ago while waiting on the USPTO re-exam outcome.
Note the bolded/underlined: Seems the 'develop and deploy' part is lagging a bit.
"November 14, 2007 - 2:59 PM EST
USPTO Grants the EFF's Request for Re-Examination of NeoMedia Technologies' Patent
NeoMedia Technologies, Inc. (OTCBB: NEOM), the global leader in camera-initiated transactions for mobile devices, today announced that the United States Patent and Trademark Office (USPTO) granted the Ex-Parte Re-examination of U.S. Patent No. 6,199,048.
NeoMedia has a large portfolio consisting of U.S. and foreign patents and pending applications relating to various inventions surrounding the processing of "machine readable codes over wireless networks." NeoMedia expects the '048 patent will be confirmed by the USPTO in course of the re-examination. According to publicly available statistics, only about 10% of patents that are re-examined have all their claims declared invalid.
NeoMedia's CEO, William J. Hoffman, states, "Regardless of the outcome of the re-examination, NeoMedia's inventions and the patent portfolio that protects them will continue to effectively serve the creation of a global and interoperable infrastructure that enables large scale adoption of mobile codes as triggers of optically initiated transactions." He added, "NeoMedia's main motivation is to use its inventions to make this wireless ecosystem a reality and create advantages for the global value chain."
Additionally, in an effort to focus its energy on building a profitable ecosystem, and not to be distracted by time-consuming and costly patent litigation, NeoMedia has agreed to stay the current patent litigation against Scanbuy pending the re-examination's outcome.
NeoMedia's CEO affirms, "NeoMedia will use the 'stay period' to develop and to deploy our turn-key solutions for reading and processing a multitude of barcode formats that are ISO certified.[/b[ Our patents have been reviewed and granted by appropriate government agencies, subsequently challenged, then licensed by numerous multinational companies deeply versed in Intellectual Property Rights. At the appropriate time, NeoMedia will move forward vigorously with the litigation and protect the rights we have been granted by patent offices worldwide."
lefty, geo ...
.... I think "resulting profits would have to appear in a Quarterly SEC filing at some point" is the important thing.
That's all anyone really cares about , seeing the revenues , earnings and profits.
The DOGGR info is just an early 'heads up' if you will since if filed in a timely manner the DOGGR reports tell us if production is increasing as expected , staying static , or decreasing.
Bottom line profits are and will always be the key and if we don't see them on DOGGR we'll eventually see them in SEC filings.
1Q08 quarterly report will be due Mid-May or thereabouts , right?
jonesie
Yep, the carrots are getting smaller ....
.... and smaller, and the noses they are attached to keep getting longer and longer.
Quiet period after quiet period after quiet period lol.
Too bad they can't freeze a stock price during these interminable 'quiet periods'. 224 days? That's a long 'quiet period'.
jonesie
GONEOM, I believe what that is saying is ....
... NeoMedia expects to get the USPTO decision 'in the very near future', therefore they pushed out the court status hearing from an originally scheduled date in April to a date in July.
We have no way of knowing , but I think NeoMedia expects to get the USPTO decision before July.
JMHO
jonesie
Here's another: