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The market is not getting this, but they will. Most have no real idea what the potential here is now.
No T, this has Franks fingerprints all over it. Remember when they talked about the navy contract way back. It didn't appear to make any sense because the revenue sharing agreement with 4Js had expired. I think we may have owned this for quite some time now. Frank is the wizard behind the curtain IMO.
Frank, you're a genius. Thanks.
I truly believe that this was in planning before Rik was hired. Besides his other qualifications, this was his area of expertise(ADS and speedy databases in general). Did you see the 3 stock quotes at the bottom of some of the pages. Apple, Microsoft, and Ants, and it shows their percentage gains. It may still be a slow start but I predict that Ants will absolutely blow those other 2 out of the water in time.
Oh you're gonna like this. Check out the new website. Rik's old friend, front and center - the ADS. Here's a line from the ADS page.
"Migrate to a better, faster, and cheaper database without incurring high conversion costs". Yup, they're selling a package of the ADS and the ACS. Unbelievable!!!
Since IHUB continues to give this scam artist a prominent place we should take a closer look.
A. The wording and all caps heading is over the top and should be your first warning.
B. The poster states that all material in this post are from PUBLIC RECORDS blah blah blah blah but doesn't provide a single link.
C. Yes, as far as I can tell there is a fee from Delaware, but according to the website you get hit with a late fee and interest. And i don't even know if we're behind. Look at it this way. If we were delisted by the SEC would our recent filings be showing up on Edgar?
D. Yes Gemini got a judgement against us as Frank said, and the Sybase stuff is legit, but it's hard to tell what is mixed in with what in this post. There is no Ironridge judgement against Ants that I can find or am aware of. Nor Fletcher. Please show me. I have no idea what the poster is even getting at by mentioning class action suits other than an attempt to scare you. And the poster uses the term ex parte later on to sound knowledgable and for the previously mentioned reason. JGB(and the other entities the poster failed to mention) cannot hold ownership of all Ants software and Ants be in default at the same time. Read the exchange note agreement with Ants and JGB, Manchester, and SAMC. The information in this filing is what the poster is using to jump to his desired conclusions. Yes the notes went into default about a year ago, but I'd say it's pretty clear everyone still owns their shares and not JGB et al. At this point you have to be pretty conspiratorial to believe otherwise.
E. I don't know how the poster knows which patents went to 4js. And the fact is, when the sale to 4js occurred Ants retained unrestricted license rights to ADS technologies that are utilized in the ACS. And the ACS patent has been applied for. Is that called pending?(not rhetorical) I posted a link several days back.
F. I don't know about the ACS and the AAA having no connection, but if Doc "owns" the AAA some kind for compensation will be worked out. He has too much invested in this company at this point. Read the recent press release carefully. It's all but stated that the AAA is coming.
G. And the only reason we're unaware of all this is because Ants couldn't afford bankruptcy. HahHahaha.
Here's the link to the JGB et al filing:
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001157523%2D11%2D006707%2Etxt&FilePath=%5C2011%5C11%5C10%5C&CoName=ANTS+SOFTWARE+INC&FormType=8%2DK&RcvdDate=11%2F10%2F2011&pdf=
Look, if all this stuff was crystal clear with the potential we have the stock price would move past 10 cents in a heartbeat. It's called risk/reward.
Joe stated the obvious in his blog that we needed to branch out with other versions so as to not be so dependent on IBM. Correct of course, but you must remember the genesis of the relationship was that Citi wanted to go to IBM, not Oracle(from Sybase). Ants needs to be where customers desire to go. With the original ACS different versions take time and money to create. Apparently Franks version can work with ANY 2 databases. Compatibility allows different devices to understand each other. Universal modifies, in this case to mean all devices. Look at the last two sentences in the PR. After mentioning universal compatibility, he finishes the second sentence with "verses costly application rewrites to achieve compatibility and virtualization,". It is almost assured that Rik is referring to the database migration process and if this is the case he just about has to be referring to the ACS new architecture aka the AAA when he talks about universal compatibility. And it only enhances this conclusion when in the first sentence he says "our new and advanced high-performance products". The relationship with IBM, important though it was and is, will in the future I hope be only one of many. But you know, the best way to sell this if possible would be directly to the end user where they would be in total control of what database they were leaving and what one they were moving to. I don't know if that would be possible but we might make less enemies that way. Remember the Sybase evangelists blog? - "stealing is bad". I think we'll do alright for a company that some insinuate deals with penny stock promoters.
Onward and upward.
And as anyone that has done any research can tell you, the relationship between Ants and IBM was anything but a "facade". It may not have worked out yet, but a "facade" it most definitely was not.
Maybe, but then why do certain posters go to the effort of skewing information in an obvious attempt to shake investors confidence? A lot more people read these boards than post. That fraudulent post last Sunday night is exhibit A. I know more about this company than most and that post startled me. After about a minute it made me mad that I had been momentarily taken in. Generally bashers don't resort to impersonation, so this was new to me. The following excerpt from a post of yours is clearly In large part from your imagination, but an imagination with a purpose. You effectively tied Ants stock to stock promoting con men with absolutely no proof. And you expect us to believe it wasn't meant to shake the investors confidence???? Why are the most unethical people on this board screaming the loudest about ethical matters?
"This company was hemorrhaging cash into Q1 2011 when they stopped filing financials. Net LOSS for the 3 months ended March 31, 2011 was 27 million dollars.
Subsequently the O/S rose - in the dark i.e. no more 10-Q's - from 132 million to 300 million shares, maxing out the A/S. Someone on the board asked why Ironridge would invest... i'll tell you: it was because they were going to get millions and millions of shares for next to nothing and then run a stock promotion campaign and dummp a ton of shares into the market in conjunction with OTC stock promo sharks on the backs of gullible investors and who could not see past the shiny IBM facade. "
Given they put that scam post up as a sticky, I'm not sure IHUB will be any help.
????? What would give you that idea? Oh, I get it.....Rik, a top flight salesman for Oracle and Ants(in former years) comes back so that he can climb the next rung up the ladder of success - a pump & dump scheme. Who cares about goals and achievements(or morals like more than a few on this board) when you can take home buckets full of money.
C'mon Lio, try again.
I'll repeat what I said the other day. Do a search on patent applications.
Let's return to the original post of Lio's.
"This company was hemorrhaging cash into Q1 2011 when they stopped filing financials. Net LOSS for the 3 months ended March 31, 2011 was 27 million dollars.
Subsequently the O/S rose - in the dark i.e. no more 10-Q's - from 132 million to 300 million shares, maxing out the A/S. Someone on the board asked why Ironridge would invest... i'll tell you: it was because they were going to get millions and millions of shares for next to nothing and then run a stock promotion campaign and dummp a ton of shares into the market in conjunction with OTC stock promo sharks on the backs of gullible investors and who could not see past the shiny IBM facade. "
Ironridge(who I am no fan or supporter of, quite the contrary) has had 2 deals with Ants of which I am aware. The formula for the deal benefited them if the share price fell, which it did. This promo thing is from Lio's imagination. The "shiny IBM facade" is just silly. If Ironridge could have pumped the stock up in the period they were allowed to sell they probably would have. I'd have to run some numbers, but the fact is, they didn't. His ramblings are strictly designed to cast the company in a bad light(as if reality isn't bad enough). Go read the formula for the Ironridge deals and you'll start to understand. There was a later filing for a fund raising deal with Ironridge which Doc thankfully canceled. No one knows how those supposed 300 million are distributed. With that complicated formula Ironridge may have sent a bunch into the float but not enough by my calculations to explain the jump.
It's remotely possible something could come of their claim to fame, that semiconductor manufacturing technology of some sort if I remember correctly, but I believe you probably doubt that. My speculation is that after the merger the name will not be Galtech. We'll see soon enough.
Todd, if you don't mind, why do you favor GTSM? What do you think's going to happen there after the merger with our namesake.
Are you Lio as well?
And that all caps title. Really. You've got to be kidding me.
"ANTS IS APARRENTLY IN FINAL AND IMMEDIATE DEATH THROES"
Let's start off with JGB. The genius that wrote that hit piece didn't bother to mention the other parties that would be involved, that is SAMC, and Manchester. The link our basher friend(I can't tell if he bought yet, it kinda sounds that way) posted is the correct one to try and work this through. Take special note that Wells Fargo is part of the exchange agreement between the parties and Ants. Here is what Frank had to say about our share structure:
"No over-subscription of stock issues as validated from Wells Fargo and Island Stock Transfer. Further detailed analysis by CPA firms and ANTS Counsel is underway."
In the agreement the investors had the right to liquidate the assets. Clearly that didn't happen, and if they somehow got more shares than were authorized(I know, but go along), Wells Fargo would undoubtedly be aware. Earlier in post 16725 Lio either told a lie or just made stuff up to suit his needs. That should tell you all you need to know about his defense of the fraudulent post.
And Tiger, Fletcher is percentage capped, and if anything was involved with them it would have hit the courts a year or more ago. Ironridge is not a real concern. At the time I kept track(roughly) of the stock price and it might be bad(depending on how bold they were), but nothing to cause alarm. In other words, I am not overly concerned about the upcoming filings.
I hope none of you were involved in that piece. I put in a complaint to the SEC. I realize it may come to nothing as this stuff happens every day, but impersonation just crossed the line for me.
Search patent applications.
Exactly what are your concerns about the filings. What do you think is going to surface that wouldn't have already hit the courts? You act as if they're deliberately delaying in an attempt to hide something. Be specific and provide links. I can think of a few, but I'm asking you. Let us know, because you apparently have some very specific concerns. I want to know all about the downside as well as the upside. And there's obviously a lot of downside, otherwise a company with these products and this potential wouldn't be trading at this ridiculous level.
You are creative, I'll give you that. And no, I'm not referring to your highly unusual use of sarcasm.
No. More like let the seller beware, what with this circus of misinformation. Remember owner, uncertainty is already well priced into the stock.
Is this what it's come to? Instead of innocent until proven guilty, the company is now guilty until proven innocent? Answer my question from last night. Show me the link to support your....whoops, I mean the post.
And now it's a deemed worthy of a sticky, probably to spite me LOL. They are promoting fraud.
Thanks, yes I believe you are correct.
But, as someone mentioned(probably T), this latest brazen attempt to bash makes me even more bullish. That big bunch of shares that went off may have been their "powder" to accelerate the selling after they deployed their scare tactics. I wonder if there's any naked shorting in Ants?
I realize that, and people say things they really believe that aren't correct, so you just can't monitor content, but....when a poster is not only playing fast and loose with facts, but attempting to pass himself off as someone important to the company, that should cross the line. I know it does regarding the SEC. What he/she did was unlawful.
"Mr. Zdarsky is that you? " he said with feigned sincerity.
You know enough about this company to realize that post was fraudulent. That's what I mean by my question.
Hey Ihub, you have some pretty brazen fraudulent activity going on here. Any steps going to be taken?
Hey Constantine, you are aware you didn't spell your name right, yes?
Just my way of pointing out Koolaid is looking to go long(at his desired price of course, man I hope he misses).
OK "Constantine", humor me. Give us the link to Edgar where you say JGB holds the rights to the ACS. And I don't want that old filing related to the exchange notes.
Are you in on this?
Are you in on this?
"My undersatnding is that there is currently NO plug and play type of data migration device out in the known world."
Maybe yes, but I beleve the ACS comes pretty close and no one else is even in the ballpark. The AAA? Well stay tuned. This could get pretty interesting
I'm curious. Exactly how do I do this? Which firm? Be specific.
Go back, you'll find plenty of info about that. With the OS probably at 300 million, the current market cap is awful cheap for the potential here. But until the info(filings)are in, and contract news is SOLIDLY announced this thing will probably remain cheap. Obviously no guarantees, but from the evidence we've seen thus far, the probability for success Is as good as you're ever going to find in pennyland. There is no question in my mind that customers would love...no NEED a product like this. It just has to perform almost flawlessly and be priced right. The Doc has re-written the original software. To what degree I don't know. We also have no idea of it's status. The original ACS apparently wasn't perfect(something caused the implosion of the company, and it was probably related at least in part to the product), but as I posted the other day, they have plans to use it with specific modifications for each case? I think that's pretty close to correct. I'll have to go re-read my post because that info is no longer available. It was in Franks CEO corner. Other things could cause a major move in the stock. The right product news(I'm thinking AAA availability here) with the proper endorsements and testimonials could light a fire.