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You make a good point TA
If you would have read Ken & others posts for the last 6 months you would know that they all knew the SEVU receivable was bogus.
FG deleted so many posts in the last 5 months that today ARE FACT!
Enlighten? or Told you so? you make the call!
Happy Posting ! ------
I believe he was referring to SEVU selling stock
not RLM personally, Take it up with a@p, I just happened to see the post and thought it had some relevance.
Happy Psoting! -----
New post on SI from a@p
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=15671388
To:Anthony@Pacific who wrote (1772)
From: Anthony@Pacific Tuesday, Apr 17, 2001 12:10 AM
View Replies (4) / Respond to of 1780
SEVU <---- The restated 10K is out, as promised all sales were bogus and fake, the stock is below 78 cents headed to zero.. I think it's safe to say we won and kicked ass, again
SEVU is dead and we killed it, The only bad part wa sthat Mcbribe was able to sell so much stock and dilute it so much.
I hope Mcbribe goes to Prison for years and years and doesnt get to enjoy the ill gotten gains.
A@P 100
SEVU 0
PS. On a side note, I would like to get an apology from all those who bashed me over and over for exposing the truth about SEVU, here and on Raging Baloney, But I'm not holding my breath..But it sure would be nice, to hear that I alerted folks to the ills at SEVU long before they got around to admitting all the sales were bogus. Alas My work is never done
Happy Posting ! -----
P.S. Thanks for the invite TAfirehawk!
TAfirehawk. ? for you & others
Since you insisted on keeping me around (LOL)
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=31388
I remeber the PR from last year making claims to huge revenue for the Marine division and not the Secureview sales? Now it appears it was secureview that was being illegally counted as revenue and not the marine products? Any comments on this subject or this post?
Andrew Snowden @ SEC ,SEVU shareholders, ATTENTION....
Here is where SEVU's 10K lies to you. The 2nd and 3rd Q
falsified income was from the "Dealer Floor Plan" program for Marine cameras
Add it up, SEVU boasted 3.4 mil in Accounts receivable
from their DFP program in MARINE cameras not SECUREVIEWS.
How much income is SEVU DUMPING for 2&3 Q's?
Add the amount of income taken away from 2&3 Q's. It totals
$3,436,800 or 3.4mil just like the "dealer Floor Plan"for
MARINE cameras supposedly made last year that sat in Accounts recievable until now.
SEVU is attempting to dump this false income by claiming
that it was part of the Secureview program when it is clearly the DFP of marine camera division.
These actions constitue deliberate falsification of income
by SEVU for at least 2nd and 3rd Q's of 2000 and probably way earlier.
For two quarters they made less than 10% of reported income
While shamelessly pumping away and issuing outlandish press reports about 80 mil Taiwan deals and mass production
of SECUREVIEW.
SEVU paid out 2.1 million in advertising to McBride's advertising company, while getting steadily diminishing returns
Even now they have 2001 estimated earnings at 168 mil
listed on their website.
SEC, Where are you guys????????
Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS
RESTATEMENT OF PRIOR UNAUDITED FINANCIAL INFORMATION
The financial statements and results of operations for the 2nd and 3rd quarter
ended June 30, 2000 and September 30, 2000, respectively, have been restated as
set forth below, in accordance with Generally Accepted Accounting Principles.
Our original Form 10-Q for the quarter ended September 30, 2000, which was filed
on November 14, 2000, incorrectly included as revenues and accounts receivable
approximately $2,252,794 of purchase orders that we received for our new
SecureView security camera products, but were not shipped to the customer by
September 30, 2000. After restatement, our 3rd quarter net revenues were
approximately $212,592. Our restatements also include a reduction in
liabilities, totaling approximately $849,235, that were previously recorded
relating to the purchase orders that were erroneously included as revenues. As
set forth in the chart below, these restatements have resulted in a reduction of
our net income by approximately $871,639 for the quarter ended September 30,
2000. We discovered these errors for the first time during an internal review
of fiscal year 2000 operations that was undertaken by our newly hired CFO. As
of the date of this filing, our new management has successfully implemented
internal accounting control procedures that are designed to ensure that similar
errors do not occur in future periods.
Our original Form 10-Q for the quarter ended June 30, 2001, which was filed on
August 14, 2000, incorrectly included as revenues and accounts receivable
approximately $1,184,006 of purchase orders that were received by the Company
for its new SecureView security camera products, but were not shipped to the
customer by June 30, 2000. After restatement, our 2nd quarter net revenues were
approximately $335,120. As set forth in the chart below, our restatements have
resulted in a reduction of our net income by approximately $966,957 for the
quarter ended June 30, 2000. We discovered these errors for the first time,
during an internal review of fiscal year 2000 operations that was undertaken by
our newly hired CFO. As of the date of this filing, our new management has
successfully implemented internal accounting control procedures that are
designed to ensure that similar misstatements do not occur in future periods.
Original Original
Filing Restated Filing Restated
Quarter Ended Quarter Ended Nine Months Nine Months
Ended Sept
Sept. 30 Sept. 30 $ % 30 Ended Sept 30 $ %
2000 2000 Change Change 2000 2000 Change Change
Net Revenue $ 2,465,386 $ 212,592 $ (2,252,794) -91% $ 4,405,580 $ 968,780 $ (3,436,800) -78%
Net Income $ 216,132 $ (655,507) $ (871,639) -403% $ 155,128 $ (1,683,468) $ (1,838,596) -1185%
Total Assets $ 5,937,521 3,808,425 $ (2,129,096) -36% $ 5,937,521 $ 3,808,425 $ (2,129,096) -36%
Total Liab. $ 1,231,939 $ 382,704 $ (849,235) -69% $ 1,231,939 $ 382,704 $ (849,235) -69%
Original Original
Filing Restated Filing Restated
Quarter Ended Quarter Ended Six Months Six Months
June 30 June 30 $ % Ended June 30 Ended June 30 $ %
2000 2000 Change Change 2000 2000 Change Change
Net Revenue $ 1,519,126 $ 335,120 $ (1,184,006) -78% $ 1,940,194 $ 756,188 $(1,184,006) -61%
Net Income $ 176,797 $ (790,160) $ (966,957) -547% $ (61,003) $(1,027,961) $ (966,958) -1585%
Total Assets $ 3,153,615 $2,472,467 $ (681,148) -22% $ 3,153,615 $ 2,472,467 $ (681,148) -22%
Here is the localbusiness.com archive:
http://www.localbusiness.com/Search/Results/1,1141,TPA,00.html?sText=sevu&submit.x=11&submit...
Newest article:
http://www.localbusiness.com/Story/0,1118,TPA_729247,00.html
SeaView restates earnings
INDUSTRIAL GOODS, LEISURE
By Bill Holland, LocalBusiness.com
Apr 17, 2001 12:27 PM ET
ST. PETERSBURG, Fla., April 17 (LocalBusiness.com) -- Restated sales and earnings figures filed by underwater camera maker SeaView Video Technologies show a drastic decline in the amount of actual revenue it earned. The company - which previously reported itself in the black - lost money in 2000.
The restated financial picture is the result of a new management team put in place last month, a team that included former PricewaterhouseCoopers accountant Doug Bauer as chief financial officer and former JC Penney executive George Bernardich as chief executive. The annual report states the revenue discrepancies were discovered by Bauer.
Company founder serving probation
Company founder Richard McBride stepped down as chief executive last month but remains the company's controlling shareholder. McBride is serving a six-year probated sentence for felony fraud from a 1998 case where his previous business used fake sales orders to bill customers.
SeaView's (OTC BB: SEVU) annual report, filed late Monday, restates the second and third quarter's sales figures downward by hundreds of percent.
Instead of the $1.5 million in second quarter sales the company reported for 2000's second quarter, SeaView now says it sold $335,120 worth of underwater cameras. Third quarter sales of $2.5 million were revised down to $212,592, a difference of 91 percent.
Booked orders prematurely
For the year, SeaView now says sales were $1.13 million with losses of $2.2 million, or 18 cents per share, a far cry from the $155,000 profits it previously had said it earned in the first nine months of 2000.
Sequentially, the annual report shows revenue dropped throughout the year, despite repeated company announcements of record sales volume.
The company explained the differences by saying it booked as revenue products that had been ordered but never sold. The company gave no explanation for the huge difference between products it said were ordered in the second and third quarters, but apparently never shipped.
Company executives did not return phone calls for comment Tuesday morning.
SeaView shares - which spent much of last year selling above $10 on the strength of glowing press releases predicting as much as $40 million in sales and erroneous financial figures supplied to investors and the SEC - gained 3 cents, 4 percent, to 80 cents per share in moderate trading Tuesday morning.
Those shares hit a 52-wwek low of 72 cents last month, struggling to regain ground in the face of heavy selling, including that many company insiders, over the past month.
Again, TA firehawk & others, If you keep posting slams at me, I will continue to post!
This time It is for real!
Happy Posting! ------
FG keep that iBOX updated!
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=31523
Good recent article on RLM & SEVU:
http://tampabay.bcentral.com/tampabay/stories/2001/03/26/story3.html
Exclusive Reports
From the March 23, 2001 print edition
SeaView founder at center of company's storm
Pamela Griner Leavy Staff Writer
ST. PETERSBURG -- A stormy technology business story that arose in a southern Pinellas County beach community continues to evolve but in a different location.
At its center is Rich McBride, founder and former chief executive officer at SeaView Video Technology Inc., an underwater camera design and manufacturing firm headquartered -- until last week -- on Tierra Verde.
SeaView relocated last week to the Republic Bank building in downtown St. Petersburg. At press time, McBride, who resigned his CEO post in February, was still connected to the company, serving as a marketing and research consultant under a three-year contract, he said.
While McBride agreed to telephone interviews, he canceled two face-to-face appointments with The Business Journal Serving Greater Tampa Bay and declined to be photographed. He has received "death threats" and wants to protect his family, McBride said.
"I don't want to have my photo used at all," he said. "Life is getting to be unbearable here in the community with these things."
These "things" are many.
SeaView currently is under investigation by the Securities and Exchange Commission and continues to deal with controversy involving former employees.
0n March 19, the company reported to the SEC that while preparing its annual report for the fiscal year ending Dec. 23, 2000, it found inaccuracies in its unaudited financial statements for the quarters ending June 30 and Sept. 30. Those statements, prepared under McBride's watch, had been filed previously with the SEC.
The inaccuracies were found during a review undertaken by SeaView's new chief financial officer, Douglas Bauer.
The inaccuracies involve revenue as related to certain purchase orders received by the company, stated the SeaView report sent to the SEC.
The report stated it is believed the inaccuracies are likely to materially affect the company's revenues ... income, assets and equity for the reported periods and subsequent year-end statement.
McBride has faced accusations by former employees of hyping SeaView sales projections in news releases, a practice frowned on by the SEC under Regulation FD (fair disclosure).
But he and SeaView have followed all SEC "safe harbor" disclaimer regulations, said McBride.
In February, George Bernardich III succeeded McBride as SeaView CEO.
The SEC investigation, although it is not open to the public, revolves around "massive" stock shorting at the end of 2000 of the over-the-counter traded SeaView stock, said McBride.
People who "short" stock bank on the price of the stock dropping through increased trading. Stock certificates are then available for purchase at a lower price.
What makes the SEC stand at attention is dramatic changes in the way a stock is traded, said Pam Lagano, president of Lagano & Associates Inc., a Clearwater-based investor relations firm.
"People short all the time, but the SEC looks at trends," said Lagano. "They have ways of tracking to see if company management and relatives are buying and selling stock from inside information."
As for SeaView, the SEC will make no statements about the company being involved in stock manipulation or fraud, said McBride.
McBride said he welcomes the investigation.
Meanwhile, public criticism of McBride and SeaView on some online message boards and stock information sites such as http://ragingbull.com and http://insidetruth.com dates back to the end of 2000 and continues.
Posting information about McBride and the SeaView company is online stock guru Anthony Elgindy, better known as Anthony@pacific of Pacific Equity Investigations.
On the insidetruth.com site -- called an investigative stock information site -- Elgindy posts stocks he claims to have helped short.
Ragingbull.com is an online message board accessible to anyone, and while it is owned by the Lycos Corp., Lycos does not take responsibility for its content.
While SeaView continues to operate, former employees with concerns about falling stocks have taken to posting complaints on online bulletin boards and going on SeaView property.
The Pinellas County Sheriff's Department was called to the Tierra Verde location on more than one occasion about trespassing, including responding to an incident on SeaView property by former staff members at a recent stockholders' open house, department reports show.
Also included on the online sites were reports that McBride is a convicted "con man," charged in Pinellas County in 1996 with felony -- forging sales reports for broadcast advertising videos that did not air.
While McBride was charged with the crimes, he entered a plea of no contest. Adjudication was withheld and he remains on probation.
"Adjudication was withheld," said Nancy Ham, deputy regional director for the Florida Department of Corrections.
As for SeaView's continuing support of its founder McBride, Bernardich did not return calls seeking comment.
SeaView traded at $1.06 this week.
To reach Pamela Griner Leavy, call (813) 342-2479, or send your e-mail to pleavy@amcity.com.
Copyright 2001 American City Business Journals Inc.
Click for permission to reprint (PRC# 1.1665.409760)
What is it TAfirehawk?
10,000 as the previous PR stated or 20,000 as the new PR states?
Have the 10,000 from the old PR been shipped or is the new PR saying that the old PR is in addition to 10,000 more units that WILL(?) be shipped?
What happened to the original 10,000 units?
Please advise?
Rich a few questions if you will?
You say Bill Holland got in trouble last time he did a story on you & SEVU? What do mean by "trouble" I never saw an apolgy or retraction from Bill Holland nor did I see you or SEVU attempt any legal action VS. Him or his firm. Is it not true that the "trouble" report you claim is still online for ALL to see?
The complaint against you reads, and I quote:
"Your affiant confirmed that the T.V. stations listed in the "broadcast orders" never received the video of Vector's product and in turn never received orders for Vector's product. Vector's product was never sold on the 30 television stations contrary to Direct Media's "broadcst orders" and "product sales reports" as provided to Vector. The television stations listed in the "broadcast orders" never heard of Vector's product nor have they seen the video of Vector's product.
It seems to me that Direct Media provided false broadcast orders as well as false product sales reports?
No contest & 6 years felony probation is a long long way from NOT GUILTY ? IMO ?
Were is the filing for this 1.5 million funding by you & management? Being there is no such filing to date it is FACT that no money has changed hands? Please advise?
The 10k states that The ex Ceo will pay back the shares for the sring deal? I am unsure but to me it looks as this has not yet happened as of the 10k ? Have you in fact transferred the shares back to SEVU or is this something you will do sometime later on? Please advise?
You claim of buying shares in the open market? Is it not true that this needs to be disclosed? I am no SEC attorney but I was under the impression it must be disclosed like within 10 days of the next month from purchase? I have not seen any filing showing you have purchased any shares? Are we to assume that such a filing is forthcoming ? Please advise?
The 2 sentences on the line by line review of the filing is a smack to the face of your long term supporters. IMO
Hatred is a horrible thing, I was faced with much hate by a group of SEVU longs on RB. The reason I still post about SEVU stems not for hate for you or SEVU yet dislike for the way I was harrassed by your supporters.
Please advise?
Happy Posting! ----
unless provoked!
I saw my name be mentioned a few times, to me, that is direct provocation! hehehehe
SEUV makes it so easy! LOL
1.1 million in sales for a YEAR? EWWWWWWWWWWWWWWW?
IMO
Happy Posting! -----
Did the 5000 indoor & 5000 outdoor ship!
The "New Team" issued a PR stating that 10,000 units were shipping!
Did the new team issue a PR as the old team WOULD HAVE? Now we see the Rivet from the new team, The old team it was the GE bulb, Now we see the New team saying 20,000 units at a later date? This is the way the old team operated?
Again, I digress:
HOW MANY RED FLAGS DOES IT TAKE!
SAME STORY DIFFERENT YEAR !
IMO
Happy Posting ! ----
TA, I saw a PR that stated 10000 units were ready
to ship in time for qtr 1 2001? What about that PR? I also see guys like Bibbizz, MM that claim htis 20000 is in addition to the 10000 from the previous PR?
Please explain the PR about 5000 indoor & 5000 outdoor units?
Happy Posting! ++++
Couple of good points from RB.....
Q4 Converts yield HORRIBLE DILUTION:
~VERY, VERY UGLY ~
"During the year 2000, we issued 8% convertible debentures for proceeds totaling approximately $3,288,000. The debentures are for a term of twelve months and are non-interest bearing for an initial period, after which, interest was payable quarterly. No interest was paid on the debentures. The debentures were convertible by the option of the holders into shares of our common stock at a price of between $.50 and $8.00 per share. During the year 2000, we issued 5,373,584 shares of our common stock in exchange for $3,188,000 of our convertible debentures."
- SEVU Y2000 10K
~COMPARE TO Q3 2000 10Q~
In the first quarter of 2000, the Company issued 8% convertible debentures for proceeds of $2,735,237. The debentures are non-interest bearing for the first thirty days, after which, interest is payable quarterly. The debentures are for a term of twelve months. The debentures are convertible by the option of the holders into shares of the Company's restricted common stock on the basis of $.50 to $8.00 per share. Proceeds from the issuance were used to fund operations of the Company.
During the second quarter of 2000, the company exchanged the $2,735,237 of convertible debentures for 2,217,449 shares of Company common stock.
OUCH THATS GOTTA HURT!!!!!!!!!!
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=31316
So UB,based on those facts......
An additional 3,156,135 shares were issued for $452,763.00
or.144 cents per share in the 4th Q.But,SEVU states that the low price was .50 cents per share.HUH!!!!
Sooooo,apparently the Q3 statement on the convertibles was a gross misstatement of fact(Are you surprised?).
What is the truth????
MY OBSERVATIONS
739RTK
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=31320
The debenture debacle? What is the truth with the debenture? To me it look funny, smell funny, hmmmmmm?
IMO
Happy Posting! ++++
I was expecting bad but this IS BAD!
How can any of you longs even sit thru this?
This is a defining moment in SEVU saga, I hope F+G has the decency to post on the iBOX as well as the 8k, I hope ALL of you longs look deep inside and start to look at SEVU with your head and not your heart.
I will not be posting allot for awhile, unless provoked, I think this is the end of the line for me here on iHUB & with SEVU, This is way to ugly a mess for me, Longs, This is not the last of it IMO,.
Peace & Happy Posting +++++
What happened to the 40,000,000!
1.1 is a long long way from 40 million!
SEVU did not misstate earnings they LIED! I can see being off by a few percentages, maybe 20-30%, but this is a down right LIE!
SEVU longs HOW MANY RED FLAGS DOES IT TAKE!
When is 1st qtr 2001 due out? Dont hold your breath, It will be ugly & late, IMO
Happy Posting ! +++++++
I am starting to have my doubts on this filing
Man o man talk about long drawn out process! Most other companies are filing the 1st qtr 2001, SEVU has yet to file YE 2000!
1st qtr numbers are actually due now but overdue on May31?
Maybe it will post, maybe not? SEVU sure does not treat the shareholders very well IMO.
Happy Posting ! +++++
F+G a little edgey today?
I had heard a few posters, both for and against SEVU, posting about the transaction, I had heard here on iHUB it was real as well as a mistake, If you read my post you will see that I was asking for clarification and not saying it was FACT!
Tell me F+G, What do you think about the webiste update at SEVU? I think it time we update the iBOX, It should have the 8k as well as today 10k? Dont you think?
I think it is funny that the majority of good real companies are filling the first qtr 2001 while SEVU has yet to file end of year 2000. When will the 1st qtr 2001 be posted? May 31st? They need to get on the ball with the reports. IMO
Happy Posting ++++++
SEVU website updated!
Per a post from RB:
SEVU removes a XXX from website.
A request from the SEC perhaps?
http://www.sevu.com/invoverview.htm
See what SEVU previously gushed:
__________________________________________
By: ub43
Reply To: 30481 by MoneyMarket $$$ Tuesday, 10 Apr 2001 at 7:44 AM EDT
Post # of 31152
When will Bernardich and/or Ambler remove this outrageously misleading investment guidance from the SEVU website?
http://www.sevu.com/invoverview.htm
"SecureView® is the key product in the company's Security Division.
Financial Projections FY 2001
Total Revenue $168,000,000.00**
Total Expense $55,400,000.00
Gross Net Profit $112,600,000.00
**based on manufacture and sale of 400,000 SecureView systems"
Removal might earn them some badly needed credibility.
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=31153
Were is that 10k~!
Who sold that 650,000 shares! I hear it was not a glitch! How owns that many shares? RLM, Hoffman, Dr Leslie, REG S?
Anyone have more info on the 10k and or the 650000 shares?
Happy Posting!
Brettin you seem very educated
Why do you cast yourself as a TOUT in this post?
Your points on the shorts & covering are all very good, your post on the MM manipulation has allot credibility.
The upcoming 10k is history and a clear picure of SEVU. Why would you tell investors not to panic and sell because of the 10k, This is the reason they should sell. SEVU lied to the investors & the SEC, this alone should be enough of a red flag for someone with your obvious intelligence to dump this stock? The PR was a setup for future doom, The rivet story & the promise of production yet again at a later date is SEVU earning warning, It is clear that we will see small secureview money in the 10k, We will also see small secureview money in 1st qtr 2001. The again have set up investors to take another fall, IMO.
HAVE A GREAT WEEKEND!
Few thoughts on SEVU stock price
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=30989
Brettin I understand your concern, BUT,
Did you ever think that SEVU shareholders wanted out & were willing to sell for whatever they could get? I understand your concern and all but it seems as if this thing is tanking due to the company and not the MM?
The PR from last week was awful! It more or less said WE ARE NOT SHIPPING SECUREVIEW! Rivet & all. I think the PR was the last straw for lots of investors? It is the same story as last year with minor changes!
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=30990
Why was that PR released it had NO news that had to be released and it hurt the stock?
All in my opinion!
Were is the 1.5 million!
Were is the 10k!
Show us the money SEVU! Show us the number of outstanding shares!
Madhatter, I have a fleecing post!
Per SEVU : (oldie but goody, with a new point)
06/27/00 McBride & Associates, Inc.
Jennifer Lawson, President
IR/PR agency for SeaView
SeaView has recieved a number of messages today regarding the status of an August 1999 PR.
Rich McBride, C.E.O. would like to assure the stock holders
that SecureView is fully vended into SeaView Video Technology, Inc. This stated in all the filings, PR's, and Sales Projections.
SeaView holds the major patent licences, trade marks, and tooling for SecureView. This was put in place after the August press release and is quite evident in all filings.
Rich is not able to comment on the reasoning behind the PR, only to say "it was a critical situation to protect the company from unfavorable investors, who are no longer a threat to the company."
Now, RLM gets paid 1 million shares for patents that they claimed were "fully vended" last year?
The secureview patents were licensed from videocomm with SEVU money in the first place?
What did RLM do to "invent" and or patent anything for secureview?
This million shares, IMO, Is the single largest fleecing to date!
IMHO
Happy Posting! ++++++
I hear it was a glitch?
Still not sure about it. I still see it on MSN & CNBC.
Would'nt RLM have to file a disclosure before he could sell 650000 shares?
Any others have news on this trade
Happy Posting ! ++++
Great website!
I had never used cnbc.com before. I really like it, I think I might keep using it, I like the functions, Good stuff.
Still no conclusion to the 650000? This trade IMO is a smoking gun. I think we have some answers to the SEVU saga with this one. What, I have no idea! I bet it will be interesting. Maybe this is the other show Bill B was refering to?
What is the FORM T stand for?
Now can a MM buy shares on the open market and more or less bank them then sell them to a large investor? I dont see how this trade went off without disclosure of some sort, meaning an insider selling?
Any other speculation?
OK then....
Brettin are you sure it is not a glitch? I can only "see" it on MSN. Yahoo and Nasdaq dont show OTC.BB stuff, I have seen this happen before on MSN as well as across other platforms at the same time.
My redneck brained Specualtion as follows: (My fav.
What is the status of Col. Hoffman? He has been silent. He has enough shares to make a trade like this. Would they be free trading and or would he have to disclose if he was going to sell.
Same goes for RLM. This would have to be disclosed in advance?
Or....My favorite!
REG S shares! SEVU sold large blocks offshore to foreign investors & they could not keep the cat in bag any longer? The filing coming up and all? (FG is loving this opinion, we have talked about REG s in the past)
Who else has enough free trading shares to trade a block of this size. What is the SEC law. Is not it true you can only sell 1% a month of total holdings as an insider.
This is all in my opinion and speculation only of this large supposed block trade.
Comments appreciated!
Who has 650000 shares?
Col. Hoffman, RLM, Is there any others that have a stake this large? This is like 4% of the enitre company as of last filing? This would have to be disclosed?
Anyone? Who besides the above named 2 have 650000 shares of SEVU?
Very interesting day!
This might be your saviour longs!
Maybe this is a PP or similiar?
Any others?
MSN shows this 650,000 as well? WOW?!
http://moneycentral.msn.com/investor/charts/rtc.asp?Symbol=SEVU
Could this be the PP and or RLM? Or is it just a glitch? Seems to me like a HUGE trade of some sort?
Anyone?
Something is up?
Big PR released yesterday & a huge sell off today? Something is up & somebody knows what it is. IMO it is not good for SEVU.
Big volume, Some big blocks, Short interest, Buys, Sells, this was a strange day even for SEVU standards?
Somebody knows something, Sell into the news? Well there was some selling going on today!
I would like to hear more about the MM's and the short interest involvement in all of this.
Happy Posting! ------
.87 at 3.00 PM !
This is looking real bad for SEVU shareholders, A PR was released yesterday and today there is a sell off ? Something is up IMO.
A few posters have hinted that short interest has entered the market today? Is there anymore information on this thread? Who would short it at .87 ? How low can it go?
Peace!
Sorry,
Still working on that stuff!
Point well taken!
Thank you admin Bob!
AS much as I like talking about myself, LOL, I think the board should be about SEVU?
LOL
LOL taco bell!
You guys are the ones making the topic of the day printmail01, I guess the PR from yesterday is not worthy of discussion? Im not bragging nor am I looking for your acceptance or approval. I was simply posting responses to the printamil01 topic of the day!
Sad day when the personal life & work of printmail01 is the topic of the day on the SEVU board!
How about homeplug.com
or the DC PLC I had posted about earlier?
I can go on and on about myself if you guys want to keep posting about me all day!
Happy Posting ! +++++
I flew in a customer from VA on tuesday
and we sealed a deal that will deliver 800,000 in reveneue for YE 2001 & over 1.2 million for YE 2002. I have worked on this contract for over 5 months, The big boss actually told me to take the week off!
I have worked long & hard to get were I am, I post when I want, I have earned the right at work to do as I please. That is what you get for 10 years on dedication!
What about you & your gang? Post all day on my personal life? Now that is sad!
Peace & Happy Posting!
LOL !
You guys are so funny! This actually makes my day! Dont you guys have any SEVU news to speak about? What is this obsession with my personal life & work?
I do appreciate all of the jokes! I do love a good ribbing!
Happy Posting!
LOL !
I just actually got a huge advance on my commission as well as an increase in weekly draw! My sales are increasing so fast that the boss had decided that it is better to pay me now than later in a huge check! Today, I am out with tho boss after lunch to get my new company car!
You guys are to much! LOL
Check out the DC bus system, middle of the page
http://www.investorshub.com/beta/read_msg.asp?message_id=75278
Repost per your request.
Happy Posting ! +++++++
Check out this DC bus system!
http://www.export.org.il/newsletter/metal/metalonline.html#0
This system can be used in conjunction with or compete againset DC secureview.
I saw a mention to the DC secureview in the PR from yesterday, In the about SEVU section, What ever happened with this product? A PR last year said it was ready to ship then nothing in months on it? IMO this product will have more appeal than secureview as well as a less competitive field & a greater niche than security cameras?
Anyone else have news on DC secureview?
Happy Posting ! +++++
Good catch erue!
I had saw it on RB & thought it may be relevant, I am excited about the new team here at ihub as well as the new server!
Maybe RLM will buy it?
Thanks!
Is this true?
http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=30830
OT is this the ihub site that you are talking about.........
investorhub.com is for Sale.
The domain name investorhub.com is available for sale/transfer to you or your company. For further information, please contact David Crane in the USA at:
david@websitenames.com
tel: 305-665-4702
Please indicate the website address (domain) in which you are interested.
To see our full selection of Domain Names, visit our site at http://www.websitenames.com
this is not spam
Any others here know anything about this? Please advise?
Happy Posting! ++++