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Man, I would think they could get some shareholders with "deep pockets" to fund the tech with that kind of a cut. That is, if the shareholders REALLY believed in management and the tech. They could profit in three ways. 1)initial finders fee, 2) probable income from use of their money, 3) development to completion of the tech which would bring in revenues and a subsequent nice boost in the share price. Any shareholders with "deep pockets" interested?
$200,000 finders fee. This company never ceases to amaze me.
deeba, what is "the truth"? That is what shareholders want and deserve from NVEI, don't you think?
IOwnsomeNVEI, what is your wife's opinion of NVEI and the way they have operated? She seems very successful with developing her company. Has she ever indicated how she would have operated NVEI as far as obtaining funding, communicating with shareholders, etc.? Does she see any "warning flags" that may cause her to be skeptical of NVEI's abitilty to deliver for their shareholders?
pengy, that does sound possible. You think once the FPGA is completed and announced, that additional funding will likely follow as a result?
Do your sources say the FPGA is coming soon and that it is still on course to be a success.
I'd really like to see this independent journalist interview Ketch and ask him some of the tough questions that shareholders have. It would provide Ketch an opportunity to re-establish some credibility with disgruntled shareholders and potential investors in the company. Maybe this is a way we can finally get a tech update. If he would decline the interview or dodge the tough questions, what would that tell us?
"Brad not answering basic questions............"
As a shareholder, that bothers me. Does he not want to be bothered or what's the deal?
I suspect I know who you are.
Lycus of Yore, just curious as to how you know my first name. Have we communicated via email? Do I know you? PM me on this if you wish.
McCloud, thanks for sharing this. I look at this as a positive and a plus for Ketch's credibility as well as the others that voluntarily took salary cuts.
WHP, do you feel Ketch can be trusted and is a "pro-shareholders"-type CEO?
ElderWolf, you said "Ketch talked a guy into buying 144's by saying the fpga would be released in less than a month. That was the second week in December."
Please tell me how you found out about this. Did that person who bought those 144's tell you themself?
Are Dr. Propp and the ANI engineers supposed to be putting the finishing touches on FPGA? I understand he is very meticulous.
WHP, you think if NVEI finally produces an FPGA it will bring in the necessary additional funding needed to commercialize Embarq? Would that provide the solid evidence that a financier would be looking for to fund the rest of the tech development? That's what I'm hoping.
How in the Hell do NVEI investors really know what's going on?
Aren't they accountable?
Northern Trader, these other pro-NVEItes didn't respond, how about you? "Cobra, Pengy, and Trexville, please refresh my memory. Why were all these authorized shares approved? Wasn't it under the premise of a larger funding deal? If this is true, and after the reverse split fiasco, and no FPGA, what's a shareholder to think about their investment? I'm not trying to be a smart alec. I'm just a very concerned shareholder."
Cobra, Pengy, and Trexville, please refresh my memory. Why were all these authorized shares approved? Wasn't it under the premise of a larger funding deal? If this is true, and after the reverse split fiasco, and no FPGA, what's a shareholder to think about their investment? I'm not trying to be a smart alec. I'm just a very concerned shareholder.
Thanks Trexville. So is Embarq's fate (and NVEI's) in Dr. Propp's hands? Is he coordinating Adaptive's tech and NVEI's tech to produce the end product (Embarq)? Also, haven't Adaptive and Dr. Propp already been paid to produce this for NVEI?
Trexville, Ketch said, "We believe we are one of a very few companies in what is normally a highly competitive worldwide industry that is actually rolling out a new product in 2003."
I'd like your thoughts as to why this didn't happen. Was it lack of sufficient funding or was the tech just not viable? Will the new funding that NVEI just secured enable this prediction to actually be a reality in 2004 instead of 2003?
Are you still as enthused about the potential of Embarq as ever?
This is an excerpt from a recent email I received from Brad Ketch, "One of my wishes for the year ahead is that good folks like you would "unplug" from the chat rooms. My experience has been that IHub is full of fear, uncertainty and doubt. Do any of us have room in our lives for such negativity? I know that we here at the company certainly do not, and we do not read the posts."
Maybe we should be more positive about NVEI. I just wish NVEI would give us reason to. I'm talking something "SOLID".
WHP, you being heavily invested in NVEI, I'm very disappointed that NVEI seems to have downplayed you and your efforts to assist them.
WHP, I'm not sure of your situation. But I assume you have a lot invested. You are very "dialed in" to NVEI's short-comings and communicate very well.
Is there any chance that you could arrange to meet with Ketch face-to-face about these issues? That could likely be more productive than hundreds of emails and phone calls. IMO
WHP, what options do shareholders have in this "bonuses" issue? If there are enough shareholder demands for certain performance achievements before any bonuses, will this be enough to get the message across. By the way, I've been advocating this sort of thing for a long time. It just seems logical to me for a company "hurting for money" and trying to get money to develop a product. Plus, simply an incentive to actually perform for shareholders.
hitimer, thanks for your effort on behalf of shareholders. We do need for Ketch to give shareholders an honest appaisal of what's REALLY the situation with our investment.
However, I'd be surprised if shareholders get this information via the printed word. That's why I feel a face-to-face meeting is what's needed. I wish someone with some techincal background could confront Ketch about the state-of-the-tech.
dutchf, I haven't been able to get direct answers to direct questions recently. Have you? Do you still feel things are "hunky doory" with NVEI? I haven't noticed you posting anything real positive lately.
I think it's time for a shareholder or a group of shareholders that is/are displeased with what has transpired and the lack of tech information confront Mr. Ketch face-to-face and try to get some direct answers. Is he in San Diego or Portland? Can someone or a group do this on behalf of shareholders and report back to IHUB. We need to get a better grasp of what's really going on and get our message across loud and clear.
Correction: Cobra, I assume Brad told you an RAQ would coming out today or tomorrow. Is that accurate?
Cobra, I assume Brad told you an FAQ would coming out today or tomorrow. Is that accurate?
Cobra, do you have any clue as to what might be discussed in the FAQ?
I emailed Brad a question pertaining to his statement about their belief that Embarq will "generate revenues this year". I'm hoping he addresses that.
Cobra, that's real good to hear.
immitt, I don't have the expertise to discuss this with Ketch. I think RET_EE does and Ketch encouraged him to call. What's the big deal?
Ketch says, "The majority of the two million dollars will be used to invest in the research and development of the Embarq(TM) family of transport processors, which we believe will generate revenues this year."
Can someome please give me an idea of at what point the failure to deliver a FPGA make "revenues this year" impossible?
RET_EE, please call Mr. Ketch at 1-877-610-0333 about this and share the conversation with us.
But pengy, my point is, you've done your homework before, why is NOW different?
pengy, I'm glad you remain so upbeat. I realize you do your homework. But why do feel "SOON", is finally here after all the other "false alarms"?
From the looks of the recent positive share price movement and the volume today, I'd say there just might be some others that share your optimism. Any other comments on what may be triggering the recent action?
pengy, I am very impressed that, inspite of the recent fierce criticism of positive predictions for NVEI's chances to succeed, you boldly state, "I truly that this month will be the beginning of a long line of good information coming from the Company that I would think should put those cries to bed. That is my thought and I stand by it."
Please tell me why you are so confident of this. Is it just a guess or is it based on recent conversations with NVEI's management?
Cobra, you said, "I feel confident that it will be out in sufficient time to meet their stated objective of 2nd quarter revenues, which is the most important timeline."
Please tell us the basis for that confidence. Is it just your "gut feeling"? Is it based on recent conversations with Ketch? Or what?
Believe me, I hope you're right.
By the way, how do you interpret today's nice share price increase on real good volume? It's certainly good to see some buying interest. Especially after the "let-down" of no positive news on funding and the FPGA by the end of 2003. I thought the share price might have continued to decline without news.
Wonder why NVEI seems to be moving up a little today with good volume? Maybe some people sold last year for tax purposes and are buying back.
Hasn't Ketch seemed noticeably silent publicly lately? ex, letters, FAQ, etc. Wonder what's up with that?
I sure hope NVEI hasn't been "raffling" off a "dead donkey" to us. LOL
Unbelievable! No PR or even a letter to inform faithful shareholders why they didn't deliver on the timeline. I had hope, but it's waning.
I sincerely hope I'm wrong, but the lack of a direct end-of-the year update is not a very encouraging signal that REAL progress is being made, despite the recent impressive 100 grand investment from Ray. Could that be a "smokescreen"?
Happy New Year to fellow NVEI shareholders. We deserve more results from this company to help make it a Happy New Year.