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LOL... I forgot, in the Sunncomm Pravda world no form of logic or truth is permitted, only hype, unsubstantiated rumors and lies that support the fantasy of Sunncomm as an actual business.
Anything else is bashing or from shorts... good lord I only WISH I had been short. Two years of wasted time in this pos and I'm still hearing the exact same bildge water promises and pie in the sky hype.
If Sunncomm were going to have succeeded they would have done so by now... sorry but it's game over and all of the wishful thinking on Earth isn't going to change the facts.
>> Watch the volume, people are buying, and the price is going up. <<
SHO is finally doing what all of the Sunncomm schemes failed too... getting the naked shorters to cover. So don't get in a lather over the volumes cause it's NOT buying it's short covering.
>> Jarvis the universal deal is as good as gold. <<
Fools Gold?
I have to disagree somewhat... this release takes the absolute prize for fluff pieces ever released by a semi-public company.
I do not see anything here which would suggest that we have any more of an inside track than any of our competitors technologies... heck, there isn't even the customary quote from the key company spokes person
As far as Sony Music goes... BMG merged with them so where's the surprise that they use MM5? Whats more surprising is that BMG has done almost nothing with Sunncomm to date and Sony Music zip.
All in all makes me feel that these record labels are hedging their bets while they wait for someone like Macrovision to come up with a viable product... any company looking at Sunncomm has to view them as a joke. What assurance would you have that SUnncomm will even remain in business? And trust me, when companies can't even take care of the most basic business issues with regards to their own backyard, large companies become nervous about doing any sizable business with them.
Viewed another way... if you were going to have a pool installed in your backyard, would you chose Sunncomm to do the work for you or someone with a track record, cash resources and a greater likely hood of being in business in a few years?
Sunncomm reminds me of those fly-by-night stereo shops of the 1970's that were here one minute with big claims and then gone in the next minute.
"This is a real deal with revenues"
Kindly point out to me where they say they are even going to USE the technology let alone suggest any possible revenue stream. This is akin to me stating that I am going to go look at a Dodge Neon as one of the several choices for a new car... in no way does this imply that I am actrually going to buy the vehicle, it is but one of several possible choices.
Just because you WANT something to be true does not mean it is... Sunncomm has never been run like a real company and this PR is living up to that reputation as I can conceive of no other public company that would release such a thing as "news".
Shareholders here have been very loyal and deserve better imo
Better question is why would Sunncomm release a fluff PR like this when from the very wording of the release, it is clear this amounts to nothing.
"may choose at some point to elect the use of its MediaMax technology. SunnComm will receive a royalty from UMG should the company decide to use the technology. MediaMax™ is one of several technologies currently under review by UMG."
This means that Universal is just as likely to use technology from one of our competitiors. Frankly most real companies would never have released this as "news" since all it really amounts to is that Universal has agreed to look at MediaMax5 as well as all of the other competing technologies.
I've been reading all of the posts sent to me via email for some reason (they never were before) and I think the angst over current share price is overdone... we're in Dec folks and stocks that underperformed get sold off for tax reasons. Period.
I'm on record as having little faith in managment and nothing has ocurred to change that view, however I am hearing some good things in Jan (which means Feb) to come.
I wish everyone here a very Happy New Year. I don't read this board very much anymore but when I do it's always entertaining.
Not sure about my posts but I know my portfolio has been deleted
One thing IS certain... a lot more money has been made being short this stock than being long
WoW... I stand corrected, I was always told they were not publicly traded so never looked, but indeed you're right. Well, that then makes two major media covered events to look forward to in the short term.
Given that Uni is public, this will draw a number of new buyers in at these levels.
Did anyone READ the financing pr? Death-spiral? you people obviously have never had any experience with one or you'd know the difference... this is tantamount to a give-away by the creditor and suggests Sunncomm must be dealing from a position of strength to obtain such favorable financing agrrements... frankly I was shocked & amazed they could get a deal like this.
I still believe they need to fix the corporate governace asap, but we're going to get enough media buzz and hype soon that in the short run it may not matter.
>> What are you guessing the pps will run up to with 2 more labels announced? <<
>> Good to see you back on the board!
~ii2 <<
LOL... thanks but I never left
Universal is not publicly traded so I doubt it does nearly as much for the pps as most here would hope, at least in the short run... obviously later the revenues will impact the pps significantly.
I believe anything associated with a publicly traded company, and I'm sure regular readers here can make an educated guess as to whom I'm referring to, will have a profound effect on pps as it will bring brand new investors to whom a .10 share price will look like a joke.
Trust me, we're going vertical and I see well in excess of $1 in 2005
Been lurking, figured everyone had their fill of my non-stop bashing of management and their lack of "focus" in addressing issues that I maintain are holding us back pps wise
The next two weeks should be rather interesting.
>> The question is which one? EMI? UNI? <<
How about both with a surprise 3rd development right out of left field?
I'd expect some rather major news shortly and the stock action is, as always, telegraphing it
Yeah but on the other hand, if you say there's going to be news, and you say it every week, then sooner or later you are bound to be correct... it's just logical and that's the reason I staked everything I own on Peter... gooooo Peter!!! Goooooo gettem!!
Btw, news next week
So your theory is that this silence is all part of some sort of grand scheme and brilliant strategy from our fearless leader to not give our position away and then suddenly announce we have won?
This from the same guys who can't even file on time??
No, I don't buy that for even a moment
The industry is as porous as Peter's promises, nothing happens without everyone, including macrovision, knowing about it... recall the Macrovision 11th hour appeal to EMI to NOT go with Sunncomm... seems to have worked so far.
My point is, there will be no surprises to the rewst of the industry... perhaps to us, but not to the players involved. Trust me, Macrovision is not shaking in their boots at the threat of Sunncomm and even without the CD business, Macrovision would do quite fine.
Honestly I still believe they are most vulnerable where they are the strongest, DVD's.
Jarvis,
They are flailing at windmills...
There is only one tried and true method of dealing with shorts that always works... develop a real business, run it squeaky clean and above reproach and follow normal coporate governance constraints with plenty of transparency.
Instead we are trying cute gimmicks and crossing our fingers.
"Im Stehsucker and I approve this message"
Sorry I was too harsh in the previous answer to a serious question.
>> If we do land another major don't you think it would be incentive for someone to invest in us. It does come in 4 payments. <<
In a word, no. Actually what QTIG really represents is confusion to investors and confusion is never a good thing... I realize this was a fully reporting shell and management felt they could eventually use it somehow to become fully reporting as we seem to have to many skeletons in the closet with SCMI to be assured that the SEC wouldn't delay us forever with a lot of uncomfortable (for management) questions.
It was also deemed a possible way to run the shorts but that has yet to play out one way or another... in my experience, shorts are pretty nimble and hard to hit, so I think they find a way around this eventually... on the other hand, the broker dealers WILL simply buy back in at the market, naked shares their investors purchased in good faith.
Ultimately what you're really asking is "will Sunncomm move higher?" I believe it will but I also suspect the journey will be slower than most investors would care for and suffer tremendous volatility along the way.
I only hope I haven't tried Jarvis's patience any further with this post...
"I'm Stehsucker and I approve this message"
>> STEHSUCKER, you said they have 14 days to cover SCMI does that also go for the dividend QTIG? <<
Specifically the way it works is that after 14 days of "failure to cover" (recall that naked short positions are meant to be 3 day settlements) this then pops up on the SEC screens (as well as the brokerages seeking to avoid SEC conflicts).
Since the naked short shares were sold by a hedge fund and purchased in most cases by an individual who haplessly(& helplessly!) spoke to Peter, do not as such deserve a dividend of any kind.
However the poor slob who purchased these shares from most likelt a broker dealer like Merril or Schwab believes he made a legitimate purchase, owns real shares and therefore is entitled to the QTIG stock dividend.
The broker dealer discovering it's error in aiding an abetting the naked short now finds itself strung out on a limb where they have one of two choices:
1. Explain to the client that they were sold naked shorted shares which actually contain no rights whatsoever... or
2. Make the client whole on what they were expecting to get, never breathing a word to the client that they helped conspire to defraud them out of their money and their property (shares) and doing this by simply stepping into the market and buying real shares at the market to replace the ficticious ones.
Now, since the new shares of SCMI will have no QTIG dividend rights, the broker dealer will have no choice but to go into the market and secure shares to make their clients whole with what they were expecting to receive for their investement.
If they ever get DarkNoise to work, Microsoft will buy us so fast it will make your head spin... they have made it clear they intend to be the 800lb Gorilla in DRM and DarkNoise would make them king.
Outside of that I could imagine if MediaMax5 is as successful as hoped and yet the sp remains low, that MVSN would pragmatically put some of that cash to use in aqquiring us.
I do not see any other scenarios that are likely besides these and I think an Apple buyout is very unlikely... partnership maybe.
What the stock is missing is new buyers... even news of Universal or EMI (which we don't yet have) I doubt you see much price appreciation and here's why... current investors already own about as much Sunncomm stock as they care to... good news will encourage them but won't motivate them to buy more shares and our news is so specific to us and involves non-public entities such that we are unlikely to attract many new buyers.
What we really need is a partnership with a highly visable company or a contract with someone like Apple (iTunes was a long standing rumor) to bring enough publicity here to attract a horde of new buyers to whom .30 cents still seems like a bargain rather than Mt Everest and a quick exit point.
>> Why would they wait the full 14 days? Wouldn't it make more sense for them to walk the stock down and begin accumulating now? <<
That's what a trader would do... but we're talking about the back offices of broker dealers that don't even know they have a problem until it pops up... the industry mantra is "fix it at the market NOW" and that's how they will handle it
2. I agree that landing the later contracts after #2 will be progressivley easier... few want to be the first with what may prove to be a risky course of action.
3. I think I actually said that I thought we should be able to get back to our 52wk high (0.40). Now there are some things that may or may not happen that could concieveably push this dramatically but given the track record of management so far, I doubt it. So I'll be thrilled with 0.50 cents as an exit point.
4. As to the 14 day effect... I would watch for 14 days or so out from the 22nd at which point I am expecting some institutions to have to step up and buy in shares of both Qtig and Sunncomm and they will not try and be cute about it, they will simply buy at the market.
Why lecture me, you can read the thread, I was not the one attacking... I pointed out a different reality tham several posters here can endure and was chastized for it... I responded, end of story.
I also had nothing to do with the lawsuits thread but if that's what it takes to get management to do what every other company is required to do, then I'm all for it and so should you all. This is not a game, I have very real money at stake here and it's not in the order of chump change ten's of thousands.
For the record I like hawaiian punch a close relative of koolaid I believe.
>> Re: MVSN. You are correct that their strength is their cash flow, and name recognition. It's the only reason they are still in the game. That said, they have failed miserably, to date, in the CD sector. Their strength is in the software protection. To compare them to SCMI, in re: to SP is foolish. It's apples and oranges. Their sp is NOT the result of their CD protection, and in fact, that sector has, in my opinion, pulled their sp down from where it used to be.<<
Actually I think their sp enjoyed and still does, a higher multiple than is justified and largely due to the expectation that they would eventually gain the CD copy-protection market. I agree that their efforts to date have been failures and am grateful for that bit of luck. The Wall Street graveyard is not litterd with the bones of big powerful companies losing out to smaller cash starved companies.
I still see MVSN as a very real threat and the longer it takes us to move forward the more time we are giving them to catch up. However on this board there seems to be only one myopic viewpoint that is tolerated so all aboard the scummmeee train and bring on the koolaid!!!!
you already question my "motives", the difference is, I question your reasoning powers
Hey, I don't really care if you believe me or not, those are the facts regardless.
As to CD's we have, you of course being in the know are aware that the negotiated deals for these fall far below the .05c per CD often quoted. Ultimately with the advertizing angle Sunncomm has and some other creative items, I think we can achieve at least .05 per CD if not more. However at the present time we are not receiving the sort of revenue that would make anyone except you, less nervous about survival.
I also am not saying Macovision is a better choice, simply that big companies pay attention to whom they are getting in bed with and that Macrovisions cash position, like it or not, is a competitive advantage for them both in terms of conducting R&D as well as in presumed staying power in a market.
I KNOW (caps again) you want your Koolaid dreams to be true, but dreams are not the same as reality.
AND THANKS FOR THE INSINUATION THAT I AM A MVSN SHAREHOLDER HOWEVER I HAVE ALREADY ANSWERED THAT CHARGE SEVERAL TIMES TO THE NEGATIVE.
Of course anyone who spouts anything besides the party line is suspect, demeaned and derided by this open minded group.
Btw I love your reasoning on this comment:
"Given the total failure, so far, of MVSN on the CD side, and the similarity between the technologies needed to protect CDs and DVDs"
Failure? You are aware that Marovision protects every DVD made aren't you, or are you in denial on this as well??
Yeah, Sunncomm is just kicking it, that's why it's .065 cents and Macrovision is $25.
>> SUCKER, you do not know this. <<
I know a lot more than I can post... unlike others I make no claim that we will "all be rich" shortly. I also know what is required for success on Wall Street and that is why I keep beating the drum on the corporate governance issues, to everyones delight I have seen.
I am confident that sometime next year we will be worth perhaps as much as the current 52 wk high again and for me that would be plenty. If you think this will ever be valued like SIRI then you desperately need either:
A. Financial Counseling
B. A Shrink
C. A Life
EMI has NOT signed as of today... geez u guys never stop with this wishful thinking turned rumor.
EMI was seduced by MVSN for some of the very reasons I have repeatedly listed, not the least of which was/is concern about the long term viability of Sunncomm/Quiet Tiger remaining in business with little or no cash... Macrovision can argue (and does) that anyone going with Sunncomm is taking a "risk" that they will still be around in a year or two.
I would not be expecting, nor betting on EMI as the 2nd major to sign, though I do expect we will eventually get them back in our corner, as no bridges have been burned.
I think one could reasonably say it is a Universal truth that we will land a 2nd major and that an announcement of such would be forthcoming shortly
There are other events no one has even hinted at also... however I remain agnostic on the effects on share price as long as our corporate governance is about as reliable as Enron's.
No surprise, I'm for anything that will get them to start running Sunncomm like a real business... if it takes a lawsuit, then so be it.
Actually, seems to me that Peter answered with an explanation precisely BECAUSE steh was threatening over this issue, so imo, like it or not, his ploy to date has been more successful in garnering additional information than all of the Koolaid hype and rose colored glasses projections that preceeded him.
In all fairness these advisors also told Bush there were WMD's in Iraq
>> You can't make public representations that aren't true. <<
Sure you can... Our fearless leader does it all the time
Get one of the old 8 balls that when you shake it will give you answers to your questions... that's how we do it
Very sure... this has been the new game on Wall Street since 2000. In 1990 there were around 1,000 Hedge Funds... today nearly 8,000. One might ask why the insane growth rate in an area that is largely unregulated even by the SEC, but then one would already posses the answer, wouldn't they?
The rest of Wall Street has been profiting from abetting what can only be described as the largest financial scandal in history. This might also exlain the SEC's reluctance to do anything to put an end to these practices, despite their full knowledge of them.
You misunderstood my post... I said both QTIG and SCMI will be impacted by broker dealers being forced to buy back in shares that were sold naked yet avoided the normal rules to cover within three days by the illegal activities of Hedge Funds & other major players through a process known as desking... the SEC tracks what they refer to as "days failure to deliver" and the magic number is 14 that triggers their (SEC's) interest.
Desking is a process whereby the shares are moved around from one MM to another and each time they are the "days to deliver" counter is set back to zero... so in effect a hedge fund can maintain a huge naked short position and yet never run afoul of the SEC and broker dealers can look the other way as they recieve substantial trading volume fees for aiding and abetting this entire process... likewise the DTCC which is the clearing house for securities (and a monopoly)enables this entire process by holding securities in "pooled" accounts, which translated into English means that there are no individual certificates anymore a far as DTCC is concerned, but instead "pooled" collections of certificates on any particular security.
This then means that when you (not naked)short, you are not shorting against a particular certificate as was always the case (and how the system was intended to function)and this was how the syetem prevented shorting a particular certificate more than once. Now you can short as much as you want since no one is keeping score... understand that DTCC also beneifts finacially from the increased volume so they are hardly agnostic on this issue... taken all together it is a system that has literally defrauded consumers and investors out of trillions of dollars and put numerous small companies out of business and eliminated numerous jobs.
And knowing all of this, our beloved management rejoiced at our addition to the Berlin exchange where we have become nothing but a target for shorters... but you all can continue to sing their praises as you want.
As I said, I expect substantial news in approx 10 - 12 days... will it move the price higher in the short term?? Who the hell knows.
I didn't give you my views on anything, merely explained how the potential coverage of naked shorts may occur and the timing, so I am at aloss to comprehend your comments to me.
Under SEC rules shorts have 14 days to deliver before shit hits the fan... ie they can delay that long.
If you want my view, we have a management team focused on signing deals and developing technology... both a good thing but like any good tripod there is a third and equally important component to achieve stability and in this case, that would be good corporate governance, something I was once told a long time ago would be fixed (lies) and recently told they had no intention of attending to until middle or late next year. Since I believe this is a critical blunder and it effects my investment and management ignores my pleas, I keep posting this info on here, hoping someone with half a brain will seize on it too and help pressure managament to simply do the right thing to help both themselves and shareholders.
My sources suggest no surprises this week, but I wouldn't bet against some fireworks the week after... I seldom if ever post timelines.
Don't become too enthused quite yet... it will be at least 14 days from the 22nd before you would see any broker dealers be forced into "buy-ins" where they have to go to the market to replace naked short shares they allowed to be sold to their clients.
Also understand that since the naked short shares have zero rights to anything, including the QTIG dividend, that the broker dealers will have to also go to the market to purchase QTIG shares with which to pay to their clients who hold naked short shares of SCMI and obviously don't know it.
In my experience, once they have to do a buy-in on the QTIG shares, the various broker dealers will also order their back offices to cover the naked shares with real Sunncomm certs. The backoffices do not try to get good prices, they simply drop market orders and this is how we could theoretically get a short squeeze going... but again, none of this can/will occur prior to about 14 days past the delivery date due to operational issues.
>> If president Jacobs has a major positive cash flow, and I BELIEVE HE HAS, he is buying back SCMI stock. <<
You must be delusional or on drugs to post this sort of unsubstantiated drivel.
The truth is that over the last two years your hero has been printing new shares faster than Boise Cascade can cut down trees.
Also it should have occured to you all that the 5 mill block was a negotiated trade off market and that's why it didn't move the price.
What flavor Koolaid are you drinking?