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Welcome back DonBalon...
All the Best, JP
Diamond Tech...
My email is as follows: JPetroInc@aol.com
Thanks Retired...
You were absolutely correct, the wheather in Florida was ideal. Its great to be back. Unfortunately I did not have the time to stop by and see Chuck or Chaz on Monday. I took a little of Mexico with me when I left so I was under the weather for a few days while on marcio island. But what the heck, I'll be back down soon enough. Just getting caught up on where I left off here. 3 more weeks of grad school left and I'm done with this semester...can't wait! All the Best, JP
What a vacation...
Much needed gang...I'm back in the saddle again. Now let me get caught up on all these posts and get centered again. We need to satrt waving the fan of excitement around here. All the Best, JP
OK gang...
I'm off to Mexico for a little R&R and then to Marco Island for my kid-sisters weding. Mind the store while I'm gone and keep your hands out of the cash register. I'll be back on the 19th. All the Best & Go NEOM. JP
RelyCo's Partners...
See anybody we know???
http://www.relyco.com/relyco_clients.htm
All the Best, JP
SimPay...
SmartBiz, nice find on Simpay. JP
Resistance levels...
At $0.10 and $0.13.
http://www.stockta.com/cgi-bin/analysis.pl?symb=NEOM&num1=5&cobrand=&mode=stock
All the Best, JP
Personalizit...
I suspect you're correct regarding BSDS/Triton. Albeit, I believe we have more momentum built-up than most realize. I believe that when a number of Brand Partners are announced such as McDonalds, Coke, Pepsi, Target, Amazon, etc. on a daily basis, we will head North and never look back at the pennies again. And Brand Partners are just part of the equation of many more events in the works here. My gut tells me to be patience, even though I'm below my average share price. My average PPS is $0.127. However, I believe I will be just fine in the not to distant future. All the Best, JP
BSDS trading...
The last active trade was on 03/31/04:
http://finance.yahoo.com/q/bc?s=BSDS.PK&t=5d
All the Best, JP
NEWS...
http://biz.yahoo.com/bw/040401/15036_1.html
All the Best, JP
StockGate: Short Days Numbered,Three and Counting?
Mar 29, 2004 (financialwire.net via COMTEX) -- (FinancialWire) It's three market days and counting to the second deadline set by the NASD for U.S. marketmakers and brokerages such as FleetBoston (NYSE: FBF), Goldman, Sachs & Co. (NYSE: GS), H. Myerson & Co., Inc. (NASDAQ:MHMY), and Olde / H&R Block (NYSE: HRB) to implement the new NASD short-selling regulations that reportedly will cut the lifelines of naked short-sellers by April 1.
Meanwhile, a sometimes serious and sometimes whimsical website at www.faulkingtruth.com, has published a serious look at the circumstances that resulted in many of the several hundred companies becoming victimized in the national scandal known as StockGate:
Part one: The Sucker
Picture this: You are a small-time investor who stumbles onto a start-up company that has just developed an innovative new product, a cutting edge technology, or maybe a medical breakthrough that could very well be "the next big thing". In the back of your mind, you can't help but think, "This could be the next Microsoft", and you have a chance to get in on the ground floor of a hidden gem that the big investors and analysts haven't even heard of yet. You do your homework, research the outstanding shares, study the recent press releases and filings, and read about the company on the stock message boards. Finally, you take the plunge, and decide to buy 500,000 shares at a nickel a share.
That's right, you now own 1% of (there's that thought again) the next Microsoft, for a paltry $25,000. Sure it's a bit of a risk, but you know the saying, "no risk, no reward". You hit the buy button, turn off your computer, and wait for the money to roll in. A couple of weeks later, the company announces that they have secured a major financing deal, and now have the money to take their product to market, and you know you made the right decision. The volume picks up, the message boards are buzzing, and all is right with the world.
But then, something goes terribly wrong. For no apparent reason at all, the stock price begins to tank, and before you even have time to react, your 500,000 shares are down 80%, and you're just lost $20,000 of your hard-earned money. What the hell happened?
The Set-up
This same scenario is being played out time and again in every corner of America, and although there are many reasons for the failure of small, struggling, publically-traded businesses, including mismanagement and outright corporate fraud, another, more sinister, plot is carried out every day, robbing investors of their money, businesses of their chance to achieve the American Dream of success, and hard working, dedicated employees of their dreams and even their livelihood. And worst of all, up to now, this fraud has been ignored (and in many cases even condoned) by the SEC and our very own government.
This is how it works. Remember that great news that the company just released about securing financing to allow them to take their product to market? It's nothing more than an elaborate scheme perpetuated on the company, it's employees, and the shareholders by a network of skilled con artists. It begins with the financial institution (usually an offshore "lending institution" based somewhere like Bermuda or the Cayman Islands), who approaches the company with promises of funding to "help" the company get their product off the drawing board and into the market.
The company, who is usually strapped for cash and desperate for some financial support, considers the terms of the offer. The lender promises them say, five million dollars in exchange for company stock at a 20% discount to the market price at the time they are converted into shares (although some deals are much worse, and the lender gets their shares at as much as a half price discount from the current market price). The company does the math: five million dollars converted to shares at 80% of the current price of around a nickle a share, not too bad a deal. Plus, once the news of the financing is released, investors will swoop down in a stock-buying frenzy, the trading volume will go through the roof, and the share price will soar, meaning the company will give up even fewer shares for the money they receive. The lender makes a nice profit, the company gets their product to market, their employees are finally rewarded for their years of dedication, and the loyal shareholders hit the jackpot. Everyone is happy.
Except that none of that actually happens. Before the ink on the contracts has even had time to dry, the lender is on the phone, calling his co-conspirators.
The Con:
What happens next is complex, and involves the offshore lender, US Brokerage firms, and Canadian Brokers. The lender calls his broker, who is instructed to short sell the company's stock into the the ground. Short selling involves the selling of imaginary shares into the market in the hope that the price will drop, and the short seller can then "buy back" the shares (that they never actually owned in the first place) at a cheaper price, and pocket the difference. Once a stock is sold short, a seller (or their broker) must cover their position by "borrowing" shares from other stockholders (usually those shares that are held in a brokerage house, such as ETrade, Ameritrade, etc.), and sell them into the market. Sound unethical, and bit confusing as well? Maybe, but it is a legal practice that has flourished unchecked for years. The real problem arises when the short sellers dump so many "imaginary" shares into the market that the selling overwhelms any buying pressure, and artificially causes the stock price to crash. And this is exactly what the lender and their cohorts do.
Canada: Co-Conspirators From The North
In order to sell short enough shares to truly cause the stock to tank in price, the broker often has to sell more shares than they can "borrow" from legitimate stockholders. This practice is known as naked short-selling (meaning the short sellers never intended to cover their position by borrowing real shares from legitimate stockholders). There is only one problem. Short selling is illegal in over-the-counter stocks (known as OTC, or penny stocks), and naked short selling any stock is illegal.
That's where the Canadian connection comes in. While American brokers have to follow the National Association of Securities Dealers (NASD) rules, Canadian brokers don't. Canadian investors and brokers are allowed to sell short as many shares as they want, and never have to borrow the shares from legitimate stockholders, effectively flooding the market with counterfeit shares. In fact, they can legally sell more shares into the market than even exist in the entire float. So, to circumvent the rules, the American brokers funnel their short selling activities through their Canadian connections. If there are buyers for a million shares, they short sell three million into the market, and on and on, until the stock price eventually collapses under the weight of millions and millions (or billions and billions, if necessary) of fake shares flooding the market.
The Payoff:
So, in simple terms, our lender loans the company a small part of the money they promised them and then immediately calls their co-conspirators in America and Canada, who then flood the market with hundreds of millions of counterfeit shares, causing the share price to collapse. Often, as an insurance policy, bashers are hired to discredit the company on stock message boards such as RagingBull, in effect creating an even darker picture of the company. Then, the lender converts the loaned money into shares of company stock, not at 80% of the nickle stock price that the company envisioned, but at 80% of the market price after they've effectively manipulated the stock price down to almost zero. Instead of the few million shares that the company expected to give the lender, they are forced to give them hundreds of millions (and sometimes even billions) of shares. The lender turns around and dumps those shares into the market, and the price is driven even lower, and they collect their next payment in shares at an even cheaper price. This type of arrangement has become known as "death-spiral financing", because the company is often driven into bankruptcy by the lenders, their American brokers, and their Canadian cohorts.
The Damage:
In the end, this practice amounts to financial terrorism against the United States. Legitimate companies are forced out of business, dedicated employees (who often received stock as part of their compensation) lose their jobs and their stock investments, communities lose out on the opportunity to earn substantial revenues and the employee base that a successful growing business can provide, and the stockholders lose their hard-earned money. Even more, they lose their faith in the stock market as a whole, and vow to never take a risk on a small, unproven, start-up company again. Legitimate lenders stop loaning money to small businesses (which appear to be a much higher risk), and eventually, the entire enterprenarial spirit of America is put at risk. Make no mistake, lives are literally destroyed by this insidious practice.
What Can Be Done About It?
Both the SEC and the NASD have known about this practice for years, yet have stood idly by while Canadian brokers, offshore financial institutions, and their American co-conspirators have systematically financially raped and pillaged our small businesses, their employees, and small investors. Recently, numerous lawsuits have been filed by victim companies naming dozens of brokerage firms as defendants. Individuals and small independent organizations such as www.investigatethesec.com have attempted to draw attention to the problems, and finally, a few small publications such as www.faulkingtruth.com and www.otcjournal.com have begun to provide some coverage of the situation.
Proposed NASD and SEC rules don't go far enough to prevent this practice. Until Congress steps in and forces everyone to play by the same rules, and makes those rules tougher in regards to short selling in general (and naked short selling in particular), the OTC market will continue to be a rigged game, and the well being of America will continue to be threatened by unscrupulous foreign (and yes, domestic) interests.
Conclusion of article at www.faulkingtruth.com.
Recently, renowned columnist, Jack Anderson, who writes the "Washington Merry-Go-Round," alleged that much of the naked short selling in small cap stocks drains small U.S. companies of their market caps and their small investors of their nest-eggs specifically to funnel money into terrorist hands, a sort of double-whammy against the American capitalist system.
According to the Wall Street Journal, J.P. Morgan Chase, which declined to comment on any possible rule violations, said it has been working with regulators to tighten its standards. "We agree with regulators that financial institutions should continually raise standards on know-your-customer policies, and have worked with them to ensure that we tighten ours and strive to exceed the law," WSJ quoted a bank spokeswoman.
"The USA Patriot Act, adopted in October 2001, expanded the scope of U.S. money-laundering rules in order to make it harder for terrorists to move money without attracting attention. It includes beefed-up know-your-customer requirements for some financial institutions, according to some legal experts" said the U.S. financial newspaper.
Recently, leading market makers and brokers named in various lawsuits and other actions, including FleetBoston (NYSE: FBF), Goldman, Sachs & Co. (NYSE: GS), H. Myerson & Co., Inc. (NASDAQ:MHMY), Olde / H&R Block (NYSE: HRB), Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group and vFinance, Inc. (OTCBB: VFIN). A.G. Edwards, Inc. (NYSE: AGE), Ameritrade Holding Corp. (NASDAQ:AMTD), Deutsche Bank AG (NYSE: DB), and ETrade Group, Inc. (NYSE: ET), were given a "reprieve" until April 1 to comply with new short-selling market regulations imposed by the NASD after the SEC had "sat on" the NASD request to plug material loopholes for almost 2-1/2 years.
For some in the industry, the fact that the new date coincides with "April Fool" was not lost.
The NASD noticed its members that it is "delaying the effective date of amendments to Rule 3370 (Prompt
Receipt and Delivery of Securities-the "Affirmative Determination" Rule) approved by the SEC in November 2003, until April 1, 2004.
"The amendments expand the scope of the affirmative determination requirements to include orders received from broker/dealers that are not members of NASD ("non-member broker/dealers"). The effective date of the amendments originally was March 29, 2004," said the notice.
The proposed and now delayed rule is on the web at www.nasdr.com/2610_2004.asp#04-03
The rule itself, while welcomed by small companies and their shareholders in the U.S., nevertheless raised an outcry because the NASD's request to put it into effect had set on a shelf at the SEC since 2001.
Recent wrist slaps have involved Falcon Research, Inc., fined $10,000, SG Cowen Securities Corporation, fined $230,000, and Sterne, Agee & Leach, Inc., fined $35,000.
Meanwhile, CBS Marketwatch, a venture between Marketwatch (NASDAQ: MKTW) and Viacom's (NYSE: V) CBS unit, has suggested that victims of securities fraud may be able to file for theft claims on tax returns instead of capital losses.
The scandal has embroiled hundreds of companies and dozens of brokers and marketmakers, in a web of internaitional intrigue, manipulative short-selling and cross-border accusations and denials.
Comments on Regulation SHO ended January 5, and may be viewed at www.sec.gov/rules/proposed/s72303.shtml .
Some 122 companies, including 13 brokers, such as FleetBoston (NYSE: FBF), Goldman, Sachs & Co. (NYSE: GS), H. Myerson & Co., Inc. (NASDAQ:MHMY), Olde / H&R Block (NYSE: HRB), Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group and vFinance, Inc. (OTCBB: VFIN). A.G. Edwards, Inc. (NYSE: AGE), Ameritrade Holding Corp. (NASDAQ:AMTD), Deutsche Bank AG (NYSE: DB), and ETrade Group, Inc. (NYSE: ET), have been embroiled for over a year in a raging controversy
The remaining 109 companies among the 122 named to date have issued press releases or been named in the media as having been victimized, or as taking various actions, either alone or in concert with other companies, to oppose manipulative trading in the form of illegal naked short selling. The actions have ranged from lawsuits to withdrawals and threatened withdrawals from the electronic trading system managed by the Depository Trust & Clearing Corp., to withdrawals from toxic financings, to the issuance of dividends or name changes designed to squeeze manipulators, to joining associations or networks or to contacting regulatory authorities to provide documentation of abuses or otherwise complain.
The complete list of those 108 companies include Advanced Viral Research Corp. (OTCBB: ADVR), AdZone Research, Inc. (OTCBB: ADZR), Amazon Natural Treasures (OTC: ANTD), America's Senior Financial Services (OTCBB: AMSE), American Ammunition, Inc. (OTCBB: AAMI), AngelCiti Entertainment (OTCBB: AGLC), ATSI Communications, Inc. (OTC: ATSC), Federal Agricultural Mortgage / Farmer Mac (NYSE: AGM) Allied Capital (NYSE: ALD), American Motorcycle (OTC: AMCYV), American International Industries (OTCBB: AMIN), Ameri-Dream (OTC: AMDR), Adirondack Pure Springs Mt. Water Co. (OTCBB: APSW), ATSI Communications, Inc. (OTC: ATSC) Bluebook International (OTCBB: BBIC), Blue Industries (OTCBB: BLIIV), Bentley Communications (OTCBB: BTLY), BIFS Technologies Corporation (OTCBB: BIFT), Biocurex (OTCBB: BOCX). Broadleaf Capital Partners, Inc. (OTCBB: BDLF), Chattem, Inc. (NASDAQ:CHTT), Critical Home Care (OTCBB: CCLH), Composite Holdings (OTC: COHIA), CyberDigital, Inc. (OTCBB: CYBD). Diamond International Group (OTCBB: DMND), Dobson Communications Corp. (NASDAQ:DCEL), Eagle Tech Communications (OTC: EATC), Edgetech Services (OTCBB: EDGH);
Also, Endovasc Ltd. (OTCBB: EVSC), Enviro-Energy Corporation (OTCBB: ENGY), Environmental Products & Technologies (OTC: EPTC), Environmental Solutions Worldwide, Inc. (OTCBB: ESWW), EPIXTAR Corp. (OTCBB: EPXR), eResearchTechnologies, Inc. (NASDAQ:ERES), Flight Safety Technologies (OTCBB: FLST), Freddie Mac (NYSE: FRE), FreeStar Technologies (OTCBB: FSRCE), Front Porch Digital,
Inc. (OTCBB: FPDI), Geotec Thermal Generators, Inc. (OTCBB: GETC), Genesis Intermedia (OTC: GENI), GeneMax Corp. (OTCBB: GMXX), Global Explorations Inc (OTC: GXXL), Global Path (OTCBB: GBPI), GloTech Industries, Inc. (OTCBB: GTHI), Green Dolphin Systems (OTCBB: GLDS), Group Management (OTCBB: GPMT), Hop-On (OTC: HPON), H-Quotient, Inc., (OTCBB: HQNT), Hyperdynamics Corp. (OTCBB: HYPD), International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO), International Broadcasting Corporation (OTCBB: IBCS), InternetStudios, Inc. (OTCBB: ISTO), ITIS Holdings (OTCBB: ITHH), Investco Corp. (OTCBB: IVCO), Lair Holdings (OTC: LAIR), Lifeline BioTechnologies Inc. (OTC: LBTT), Life Energy & Technology (OTCBB: LETH), MBIA (NYSE: MBI);
Also, MegaMania Interactive (OTC: MNIA), MetaSource Group, Inc. (OTCBB: MTSR), Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), Medinah Minerals (OTC: MDMN), MSM Jewelry Corp. (OTC: MSMC), Nanopierce Technologies, Inc. (OTCBB: NPCT), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK), Navigator Ventures (OTC: NVGV), Orbit E-Commerce, Inc. (OTCBB: OECI), Pitts & Spitts (OTC: PSPP), Sales OnLine Direct (OTCBB: PAID), Pacel Corp. (OTCBB: PACC), PayStar Corporation (OTC: PYST), Petrogen Corp. (OTCBB: PTGC), Pinnacle Business Management (OTC: PCBM), Premier Development & Investment, Inc. (OTCBB: PDVN), PrimeHoldings.com, Inc. (OTC: PRIM), Phlo Corporation (OTCBB: PHLC), Resourcing Solutions (OTC: RESG), Reed Holdings (OTC: RDHC), Rocky Mountain Energy Corp. (OTCBB: RMECE), RTIN Holdings (OTCBB: RTNHE), Saflink Corp. (NASDAQ:SFLK), Safe Travel Care (OTCBB: SFTVV), Sedona Corp. (OTCBB: SDNA);
Also, Sionix Corp. (OTCBB: SINX), Sonoran Energy (OTCBB: SNRN), Starmax Technologies (OTC: SMXIF), Storage Suites America (OTC: SSUA), Suncomm Technologies (OTC: STEH), Sports Resorts International (NASDAQ:SPRI), Technology Logistics (OTC: TLOS), Swiss Medica, Inc. (OTCBB: SWME), Ten Stix, Inc. (OTCBB: TNTI), Tidelands Oil (OTCBB: TIDE), Titan Construction (OTC: TTCS), Trezac Corp. (OTCBB: TRZAV), Universal Express, Inc. (OTCBB: USXP), Valesc Holdings, Inc. (OTCBB: VLSHV), Vega Atlantic (OTCBB: VGAC), Viragen (AMEX: VRA), Viragen International (OTCBB: VGNI), Vista Continental Corporation, (OTCBB: VICC), Viva International (OTCBB: VIVI), Vtex Energy (OTCBB: VXENE) and Wizzard Software (OTCBB: WIZD), WorldTradeShow.com (OTC: WTSW) and Y3K Secure Enterprise Software, Inc. (OTCBB: YTHK).
Earlier in 2003, the SEC fined Rhino Advisors, Inc., $1 million for its representation of Amro International in the financing and manipulation of Sedona Corp. Amro, also known as AMRO, was registered in Panama, a secretive offshore haven, but was not named in the SEC settlement. Another 60 public companies may have been manipulated by the fined Rhino Advisors and its indicted principals, or its funding apparatus, Amro.
These include:
All American Food Group Inc (OTC: AAFGQ), Amanda Co Inc (OTC: AMNA), Antra Holdings (OTC: RECD), Aquis Communications Group Inc (OTCBB: AQUIS), Avanir Pharmaceuticals (AMEX: AVN), Bionutrics Inc (OTC: BNRX), Brilliant Digital Entertainment Inc (AMEX: BDE), Bravo! Foods International Corp. (OTCBB: BRVOE), Butler National Corp (NASDAQ: BUTL), Calypte Biomedical Corp (OTCBB: CYPT), Chemtrak Inc/DE (OTC: CMTR), Clicknsettle Com Inc (OTCBB: CLIK), Corporate Vision Inc (OTC: CVIA), Crown Laboratories Inc/DE (OTC: CLWB), Dental Medical Diagnostic Systems Inc (OTC: DMDS), Detour Media Group Inc (OTC: DTRM),
Also, Digital Privacy Inc/DE (OTC: DGPV), Senior Services Inc (OTC: DISS), International Inc (OTC: DYNX), Endovasc Ltd Inc (OTCBB: EVSC), Esynch Corp/CA (OTCBB: ESYN), Focus Enhancements Inc (NASDAQ: FSCE), Frederick Brewing Co (OTC: FRBW), Greystone Digital Technology Inc (OTC: GSTN), Havana Republic Inc/FL (OTCBB: HVNR), Henley Healthcare Inc (OTC: HENL), Hollywood Media Corp (NASDAQ: HOLL), Ibiz Technology Corp (OTCBB: IBZT), Diagnostic Systems Inc/FL (OTCBB: IMDS), Imaging Technologies (OTCBB: IMTO), Integrated Surgical Systems Inc (OTCBB: RDOC),
Also, Interferon Sciences Inc (OTC: IFSC), Interiors Inc (OTC: ITRNA), Laminaire Corp (OTC: THMZ), Medisys Technologies Inc (OTC: SCEP), Milestone Scientific Inc/NJ (AMEX: MS), Nevada Manhattan Group Inc (OTC: NVMH), Innovations Inc (OTCBB: NTGE), Systems Group (OTC: OSYM), Pacific Systems Control Technology Inc (OTCBB: PFSY), Professional Transportation Group Ltd Inc (OTC: TRUC), Rnethealth Inc (OTC: RNTT),
Also, Sand Technology Inc (NASDAQ: SNDT), Sedona Corp (OTCBB: SDNA), Silverado Foods Inc (OTC: SVFO), Stockgroup Information Systems (OTCBB: SWEB) Surgilight Inc (OTC: SRGL), Tasty Fries Inc (OTCBB: TFRY), Tech Laboratories Inc (OTCBB: TCHL), Teltran International Group Ltd (OTC: TLTG), Titan Motorcycle Co of America Inc (OTC: TMOTQ), Trans Energy Inc (OTCBB: TSRG), Motorcycle Co (OTC: UMCC), Universal Communication Systems Inc (OTCBB: UCSY), Medical Systems Inc (OTC: UMSI), Vianet Technologies Inc (OTC: VNTK),Viragen Inc (AMEX: VRA), Webcatalyst Inc (OTC: WBCL), Worldwide Wireless Networks Inc (OTCBB: WWWNQ), and ZAP (OTCBB: ZAPZ).
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I smell news...
All the Best, JP
Smart Mobs Conference 04/12/04
Compliments of SmartBiz...
http://www.eyetap.org/iwis/
All the Best, JP
Hammer forming...
http://www.americanbulls.com/StockPage.asp?CompanyTicker=NEOM%20%20%20%20%20%20%20&MarketTicker=...
All the Best, JP
Virgin Settlement Nearing?
Here's what I think about the Virgin suit as follows:
http://www.investorshub.com/boards/read_msg.asp?message_id=2308311
All the Best, JP
Retired & DonBalon...
Nice follow thru guys with Digital Rum acting as the Host Provider to host providers. Yeah, it does make sense now that you have framed it up this way. Keeping the faith. All the Best, JP
DonBalon...
Any ideas on why Digital Rum was not mentioned by David Kaminer in your interview with him? Thanks. All the Best, JP
Zacked...
Negative attitudes are very much welcomed over at RB. All the Best, JP
BonBalon...
Excellent! Outstanding! Keep up the great work. By the way, we are puting you in for an immediate raise with paid vacation.
Also, I Googled Mr. Wireless and here is what I found:
http://marketplace.wvec.com/mrwireless_electronics.htm
All the Best, JP
DonBalon...
I just got done catching up on all of todays posts. Let me tell you, you did a fantastic job conveying all 4 news sources to us from across the pond. Good man!
This board was humming today. Everyone put up some nice commentary...you know who you are and I thank all of you as well. All the Best, JP
Neom is being chased...
Other than continual news media interest, courtship by an overseas business opportunity seems quite evident...
"At 3GSM, PaperClick for Camera Cell Phones drew international coverage from business and trade media, who then came looking for us again at CeBIT,"
Chas & Chuck are notorious for placing messages inside of messages. All the Best, JP
Retired...
What it tells me that maybe, just maybe those Cease & Decist Orders really do work. All the Best, JP
Heys Guys...
Seems like Retired, SmartBiz, KoKo and a few others here have been busy deciphering what the launch code is. Good job. Listen, I wish I had more time to contribute to the DD effort here. But one of my NYU grad school course's this semester...Real Estate Developement with Prof. Elizabeth Martin, is simply kicking my "A" double "S". I'm carrying a 3.7 GPA and I'm looking to graduate early (Dec. 04). So, I'm tri-mester with my nose in the books every spare moment. But know I'm with you. All the Best, JP
For edification sake...
I shot a cordial email over to David Kaminer late this morning indicating the general sentiment of the shareholders and the fact that a PR had not been released regarding CeBIT as of yet.
I figured he would still be state-side while Chaz & Chuck maybe oversea's in Hanover.
Look, modern metaphysics states I am free to choose upset or serenity at any given moment in time. I can be upset with things I feel I'm powerless over or serene when I can take some proactive steps by bringing about a positive change; Cause and Effect.
Whats the old saying gang..."A Miracle is a shift in perception."
By choosing my perception I am creating my own outcome, and my outcome determines what my ultimate experience of reality will be.
More to come...All the Best, JP
JoeD, Retired & SmartBiz...
Talk about Carnivals of Lightning, you guys have thrown around some thunder in your previous posts.
Look, nobody is right and nobody is wrong...just personal observations, points of view and some frustration being expressed, which is all cool.
And yes, we are all a bit perplexed regarding the "Launch" verbiage. But as the old saying goes...lets not throw the baby out with the bath water.
Lets instead choose to wait awhile longer and find out what exactly is taking place at CeBIT. The conference dates run from the 18th through the 24th, which is until next Wednesday. That gives them 3 more business days to issue a PR. All the Best, JP
Joe D...
We all hear you. However, Retired has his finger on the pulse as evident in his last post. I have come to accept the fact that this technology is here, now, will be in great demand shortly and will dramaticly revolutionize the way we all communicate. NEOM is a small firm. The Principal is a visionary who had the foresight to see things 10 to 15 years ahead of time. Chaz Fritz also had the mental faculty long ago to protect his ides's via patents and has continued to update, add to, acquire new, increase and ultimately defend NEOM's intellectual properties. All along, the internet bubble claimed thousands upon thousands of IT firms from 1999 till this day. We all know funds are short, revenues are tight and operating expenses are always accruing.
Maybe a european Host Provider is secondary to Brand Partners (Coke, McDonalds, DuPont, etc.) being named at this stage of role out and developemnt. Of course I would like nothing more than to see a PR stating that VodaFone has been contracted as their european Host Provider.
And yes, the camera lense was a "fly in the ointment" so to speak for a more expedient role out and mass market acceptance. But, I believe the "fix is in" regarding this concern.
Also, if you look at all the recent press coverage, there has been quite a few local media firms running coverage on NEOM. This is cost effective because it is free.
I also believe Virgin will settle out of court and will end up signing a license fee; thereby setting a case preceedence for the other suits with AirClick, Scan-Buy and L-Scan to follow accordingly.
I guess when all is said and done, if I truely believe in what I own, then I must allow things to take their natural course and time. NEOM most assuredly does not release many PR's. But when they do, the PPS has gone from $0.03 to $0.43 in just two days. We have consolidated here at the $0.11 range very nicely. This will be a very good plateau to head North from.
And especially for you Retired, the Laws of Physics say "A body in motion tends to stay in motion, a body at rest tends to stay at rest." Clearly, NEOM and the upper management have not been at rest these last 8 months or so.
All the Best, JP
Mudrez...
Nice job with the interpretation. All the Best, JP
From Nickipal RB Post #45986...OT:
1)*****3GSM 2004 news: Keynote Session: Nokia and Ericsson grilled by
us (Symbian in FUD) + future of wireless + Microsoft presents bar
code solution for smartphone
http://msmobiles.com/news.php/2236.html
2)******Microsoft, Nokia and other major players in cell phone
industry cooperate to create an new mobile top level domain, that
will facilitate development of mobile web sites. More information
about this cooperation follows below.
http://msmobiles.com/news.php/2304.html
3)*******Adobe adds bar codes to PDF forms
http://asia.cnet.com/newstech/applications/0,39001094,39171258,00.htm
4)*****Search the web for products from your cell phone
http://labs.google.com/frooglewml.html
Stock Raving Mad...
Here is my reply to Victoria Lim - Tampa Tribune Reporter
you questioned about her coverage on NEOM not being a publically traded company. She has covered NEOM twice now and IMO leans towards the pessimistic view of PaperClick rather than a more proactive and opptomistic view. Maybe she likes to present both views. I understand if reporters do that, it sells more press. Go figure.
http://www.investorshub.com/boards/read_msg.asp?message_id=2525848
All the Best, JP
StockRaving...
Yes, we caught that and brougt it to the attention of the news agency on the last coverage by this paticular news caster. Thanks, she's been notified. JP
Success...
Quite impressive Q204 numbers from BSDS as follows:
http://www.knobias.com/individual/public/news.htm?eid=3.1.e687270980bf97f70bbb2f1ccd37a72406c2edfa1e...
Personalizit...
If it is me who you are referring to, then know that I do not keep secrets. I bring all my information to this board which is public. However, as Retired said, there are some of us who correspond in a friendly manner off the boards as well.
If you would like to contact me anytime for any reason, my email address is as follows: JPetroInc@aol.com
Additionally, I have extend this same invitation to all NEOM Longs in the past. All the Best, JP
Retired...I got your email.
Thank you kindly. Regarding litigation, the wheels of justice turn slowly, don't they? All the Best, JP
SmartBiz...
Nice post. Consider pasting I-modes's link on the header section above. Very informative. And yes, we have been runing behind the world role out of 3G here in the US. Integration and one common communication platform such as 3G are critical for communication amoung all countries. Once again, nice post. All the Best, JP
Retired...
SmartBiz and I were talking earlier this morning on the phone about the suits which NEOM has brought against the 4 defendants; Virgin, L-Scan, Scan-Buy and AirClick.
We have all recently been informed by very astute fellow longs that the L-Scan/Symbian booth at CeBIT has been withdrawn and that some of the court appearances have been moved to the court systems in the home towns of these defendants (as permissible by law).
Questions:
1.) When do Cease and Decist Order's actually take effect?
2.) Is it immediately upon receipt of the treble damage patent infringement suits (treble damages because all defendants were previously contacted and warned by Baniack & Pine regarding patent infringement on NEOM's intellectual property)?
3.) Are Cease and Decist Order's automatically enforce after the standard 30-day grace period required for each defendant's response?
4.) Does implementation of the Cease and Decist Order depend on the type of reply from the respective defendant?
5.) Ordinarily, can Cease & Dicest Orders be postponed?
6.) Finally, could a Cease and Decist order be one of the reasons why L-Scan/Symbian pulled their booth from CeBIT at the last minute?
We know that the practice of law is not a predictable science and that you may not have the answers to all our questions. Furthermore, we felt it best not to contact Baniack & Pine with our questions directly, as we wish to keep it in an open forum. We also wish to respect the Rank & File of the contracted parties without interferring in the legal process.
Any and all help is always most appreciative.
All the Best, JP
HotStock to feature NEOM...
OK!!! :)
----- Original Message -----
From: JPETROINC@aol.com
To: services@hotstockchat.com
Sent: Friday, March 12, 2004 11:36 AM
Subject: Re: HotStockChat.com Daily Update
Hey Tom, mark your calander for 03/18/04 to 03/24/04. This is when CeBIT is having their world tech. conference in Cannes, France. NeoMedia (NEOM) will be announcing the debut of their PaperClick product that week and demonstrating it for European role-out. ABC did coverage on them recently as follows, take a look at this:
http://www.abc-7.com/BuildASX.asx?videofilename=040225_abc-paperclick.wmv
Here is HotStock's web site:
http://www.hotstockchat.com/
All the Best, JP
NASD Notice to Members...
The complete text of the NASD Notice delaying the amendment until April 1, 2004 appears below.
Effective Date of Amendments to NASD Rule 3370 (Affirmative Determination Requirements) Extended to April 1, 2004
Executive Summary
NASD is delaying the effective date of amendments to Rule 3370 (Prompt Receipt and Delivery of Securities -- the "Affirmative Determination" Rule) approved by the SEC in November 2003, until April 1, 2004. The amendments expand the scope of the affirmative determination requirements to include orders received from broker/dealers that are not members of NASD ("non-member broker/dealers"). The effective date of the amendments originally was February 20, 2004. NASD understands that some members need to make significant technological changes to their systems to comply with the new requirements; therefore, NASD is extending the effective date to provide members with additional time to make such changes.
Questions/Further Information
Questions concerning this Notice may be directed to Gary L. Goldsholle, Associate General Counsel, Regulatory Policy and Oversight, NASD, at 202-728-8104; or Patricia M. Albrecht, Assistant General Counsel, Regulatory Policy and Oversight, NASD, at 202-728-8026.
Discussion
As further detailed in Notice to Members 04-03, the SEC recently approved amendments to Rule 3370 to require that, prior to accepting a short sale order from a non-member broker/dealer, a member make an affirmative determination that the member will receive delivery of the security from the non-member broker/dealer or that the member can borrow the security on behalf of the non-member broker/dealer for delivery by the settlement date. In addition, the amendments provide exemptions for certain proprietary orders of a non-member broker/dealer if those proprietary orders meet the same conditions for exemptions applicable to proprietary orders of member firms, and the following two conditions are satisfied: (1) the non-member broker/dealer must be registered with the SEC; and (2) if using the market maker exemption, the non-member broker/dealer is registered or qualified as a market maker in the securities and is selling such securities in connection with bona fide market making.
As approved, the effective date of the amendments was February 20, 2004; however, NASD is delaying the effective date of these provisions until April 1, 2004. NASD understands that some members will need to make significant technological changes to their systems to comply with the new requirements. NASD believes that delaying the effective date of these amendments until April 1, 2004, will provide members the additional time necessary to make changes to their systems. Endnotes: 1 File No. SR-NASD-2001-85; SEC Release No. 34-48788 (Nov. 14, 2003); Rule, to go into effect on February 19, 2004, is delayed until April 1, 2004; 68 F.R. 65978 (Nov. 24, 2003); 2 See Notice to Members 04-03 (January 2004)."
I hope they go off with a bang @ CeBIT...
Us Longs have been waiting patiently for PaperClick's PPS to start heading North. I expect (at the very least) an endorsement from VodaFone with a whole host of Brand Partner announcements; Coke, McDonalds, Ford, etc. We need to hit and hold the $0.25 - $0.35 PPS mark as a result of CeBIT. All the Best, JP