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Curious to see if
Real Data Inc official website is taken down, or remains innocent until proven guilty, free speech. Will we receive that traditional holiday message to RDI stockholders this year? lol
Interesting turn of events.
Peculiar that it was a State and not a Federal indictment where penalties are harsher. Was that deliberate to test legality in state court first? Don't know. GLTU
Historically, our CEO signs onto our board
mid-Decemnber to wish all the stockholders of Real Data Inc. a Happy Holiday and a prosperous New Year. He will then probably state that our RDI shares are in safe hands and we should have upmost confidence in him. I don't expect this year's tweet to be any different.
What would be a surprise is if he offers a special holiday gift to remaining Ants Delaware holdouts. He might have a sudden change of heart and invite those disadvantaged and disgruntled shareholders to a Holidays Special Ants Share Exchange at the same ratio as offered earlier this year.
Sorry guys, just dreaming. GLTA
Wow, did I miss something?
I thought at least 10 cents would hold. I said the same thing for 20 cents but this really feels different.
Loss of confidence:
There was probably a court gag order but they should have actually mentioned Graffiti Entertainment by name in the 10-Q. Stockholders like transparency, it was a mistake not to. Also a commitment not to do a reverse split "this quarter" would be beneficial to all. It's the simple things that show you care which stockholders look for. Right now SPDC is trading in dangerously low territory. GLTU
Fifth Gear was nice, however
I'd like to see another strategic acquisition or merger before our favorable lawsuit settlement. I never thought I'd be saying that, but we've waited this long what's another 6 months? JMHO
They just released their 10-Q
and, sorry, it doesn't mention us. However, I did like the 88 mil outstanding. GLTA.
Without flattering myself,
here's the thing. Folks have been reading my posts for years here because I seldom pump but deliver frank fair analysis. The fact that the Navarre cusip is still in use is peculiar and perhaps telling. My prediction is something for both sides but not enough for either. JMHO
Nobody knows anything yet.
What is peculiar is that the recent filing to SEC, a 13g, uses the Navarre cusp 639208107, not the Speed Commerce 0000911650. One would think the Navarre cusip would be a dead header a year now after the merger.
What's up? Is Navarre stock worth more than Speed at the moment? Is it just a name change to Navarre? Tons of questions, no answers. Maybe something after hours. GLTA
To be perfectly honest Sir,
I don't even know at this point who this Christine or Mary Christine, second in command, is. Is she somehow related to the Christine of Bio Rad Laboratories (BIO) or Nanometrics (NANO)? That would explain some things. Like I meantioned a while back, Galtech has a history of coming up with cutting edge technology and not sharing those developments with shareholders or even the general public, though I can't prove it, JMHO. It would be interesting to learn if Christine draws a salary, where from and how much.
Then again, I might be all wrong and we actually get an updated comprehensive website with links to other websites as promised. GLTU
I thought they had posted news
a while back but it turned out to be just rented ad space: http://www.realdatainc.com/index.php/partners/bdli
It could also be think tank signal code back and forth. One thing we do know is to get listed anywhere they need to first file. GLTU
Oddly enough the question
is not whether a R/S is straight ahead but rather how many are now required. I predict two R/S. One to appease disgruntled Graffiti holders and another to stabilize SPDC above $5 to enter the majors. That said, I see nothing happening until 2016. I can't prove it but I believe .20, where we are right now, was crafted a year ago. SPDC
Interesting PR today.
So worst case scenario, some resolution by April 4. Of course everyone will be looking forward to our next filing to see it things appear on track. Given the current set of circumstances if we are honest with ourselves, .20 attracts more investors than 1.00. GLTA
The Statute of Limitations is
still in effect. In addition, some of us voiced our concerns to the SEC immediately following that failed Graffiti Entertainment IPO. It's still an open case file with them. They should have updated us again as well; good news or bad. If this silence continues until end of year, we should consider asking them for additional case followup. JMHO
As a lady friend of mine use to say,
"Some people have class and some just don't. If the worst of outcomes has in fact transpired, Graffiti Management should inform its stockholders in writing what went terribly wrong here. After that mailing, I would even followup with a live conference call. The coverup is always worst than the crime. Thx, GN
My take is both sides
had already agreed on a settlement a year or so ago. They just have not informed anyone even the courts yet. Signature Devices wisely has everything in Graffiti Entertainment name, Graffiti a private company has the benefit of flexibility and nondisclosure. When Speed Commerce restructure is complete, Graffiti will be either compensated in stock or invited to merge. All speculation on my part of course. GLTY
Let's pretend for argument sake
Dr. Frank is referring to Deutsch Mathematischen and Informik Forschung LLC in his recent tweet. If those two combine into a single entity, how many shares if any does any RDI stockholder actually own? What a teaser tweet! What exactly does "the very near future" really mean? Don't say it until the day it actually happens please, with specifics. JMHO
I hope they plan a conference call
when they're ready. Even if it's a structured one, answer some of the most frequently asked questions. Do we all own the same RDI stock or are there a dozen different companies here and I don't actually know what I own? What's wrong with the current website www.realdatainc for posting status updates? Did previously announced mergers actually transpire? Are we just waiting for Statute of Limitations to expire or is Real Data Inc. the Real McCoy?
What are current valuation(s), even if you don't detail specifics? Are any warrants still available? GLTA
Strange silence indeed.
Where is that "they don't know who they're messing with" Hurley?
You had to tell me. lol
At some point there will be a stockholders rebellion; plural not just one and organized That has to be Management's biggest concern here. Putting forth a tremendous effort and having someone come in and steal it all away from you on the cheap.
In the short term, it's the business model and execution
that attracts our latest investor. If the numbers hold truth, we could see $.50 by end of year. JMHO
Interesting Tweet today on RDI website.
Wonder if previously stated company valuation has changed. GLTA
Dr. Frank is still right back on top.
Post me again if you hear someone has yanked his top level clearance (which BTW you don't get from a Cracker-O-Jack box). Maybe Naval Intelligence on board Zumwalt destroyer can help you.
If everything Dr. Frank said is really true, high speed traders worldwide are thanking their lucky stars right now that they're using our RDI products.
I'm of the opinion that Galtech held some patents shared with the Worth Allred Estate. Moreover, aside from the Ants technology Delaware may have owned or thought they owned, some technology was acquired or permanently licensed by the infamous Garry Qunintana a decade ago. It later turned out to be the missing link to complement Ants into the next generation. All speculation of course.
All I can say right now is I'm so glad we're not public right now. I'm willing to wait 5 years, 10 years with semi-annual update. Without sarcasm, I'm sorry others can't. GLTA
Any guess as to any of the two German bioinformatics
companies RDI has been in discussions with. I'm guessing one might be Genomatix Software GmbH in Munich. In any event, I suspect it's just a partnering not any merger and Fritz Meyer is critical to the equation. Be advised, it's just a wild guess, I may be wrong. GLTA
Someone should sticky that
"Dirt Swept Under the Carpet" article and the Willis rebuttal. Interesting day today, all things considered. GLTA
At current rate it looks like
my ten cents prediction was not far off. What I'm wondering is if creditors and preferred holders will seek a whole new round of negotiations. I think those guys assumed like many that $.20 support would hold.
This stock will be studied for years and years
at the Wharton School and Harvard Business as textbook. GLTY
It does appear at first glance
the appearance of insider information. It could prompt regulators to act and that's the real danger for all here. Last week's alleged restricted participant conference call didn't help. (Not saying that was the case.)
I would suggest another Followup Conference Call with a wider array of participants and questions. Get the word out. JMHO
We should all learn real soon. IMHO
They have to come up with some authentic positive news
over the next week or so or we're toast. I presently don't see how that could happen. Bear in mind, it's thumbing under very little volume.
That "Dirt Swept Under the carpet" article nailed it.
I would have added jealousy and bad blood. If Graffiti Entertainment had merged with Speed Commerce a year and a half ago when we were $3.00 it could have been a beautiful thing. It's bad blood plain and simple that has led to this. Ken Hurley could have managed a division and pumped out games to maintain a small revenue stream as we changed our business model to E-Commerce. After we evidenced real positive growth, we could have sold off Ken's Division and recycled Ken to other projects, he's extremely flexible.
SPDC could have given Graffiti shareholders some Preffered Stock restricted for two years. The money spent on senseless litigation could have better gone to pay down needless debt. I can't believe people can be so stupid.
What should they do now? Shareholders would have tolerated a Speed Commerce R/S when we were 25 cents a share but now it's headed to a dime. Stupid is as Stupid does. GLTA
It did occur to me as probably yourself
that if the 76 Ants Software Delaware 401k plan holders decided to pool their resources of $1.38 million aggregate, they could reel considerable power and influence. They would need however expert legal resources with a proven track record in that arena.
The problem is one can only be fooled and lied to but so many times before you just take the money and run. I doubt if they could get a decent attorney anyway to negotiate on their behalf. Call me a cynic.
Always possible the SEC may step in
and play a greater role. They may decide to make a statement of sorts regarding startups. Many of us here filed an official complaint with the SEC prior to this court action. I wouldn't be surprised if they're patiently waiting for the court outcome prior to taking swift action. My guess would be their primary objective would be somehow making Graffiti small Investors whole. GLTA
Zero minutes and zero on
Strategic Review Update. Many of us here like myself own both stocks and feel completely comfortable with a 2016 settlement. (Let's have another continuance.) A Graffiti win in 2016 would be an even greater bonanza for us. A Speed Commerce win would mean additional company cash on hand for that next upcoming strategic acquisition. Win-win: at least I admit it.
Kinda reminds me of Tom Cruise
in A Few Good Men. "Did you order the Code Red? Did you order the Code Red". lol
One has to be surprised
he wasn't mentioned. I consider that a final vindication or maybe he just put those intelligence connections to work.
To properly file,
in point of fact even if a settlement has not been reached, upcoming Finanicals should state somewhere the potential impact to Speed Commerce of a Graffiti Entertainment win. That info shouldn't just be limited to insiders. GLTA
I agree. But it won't matter
much without addressing Graffiti. Maybe we'll get 30 cents support IMHO. Everyone is waiting on closure on the Graffiti dilemma.
Hopefully Monday at 10 AM
all will be revealed. If Financials are in line with expectations that's good. If an Out of Court Settlement has been reached with Graffiti Entertainment that's even better. Both of those prerequisites are in my opinion required to bring us back to that 56 cents support level hinted at back in April; Phase One.
Lack of either one could send us to 10 cents. Everyone here wants to know if a R/S is coming and how big. GLTA
If you do make contact with IR,
please inform our forum here if a final third moral grounds offer is in the works, meaning the coming months. There are many old Ants Delaware holdouts here who might be interested. GLTU