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Come on Brad and Ray, let shareholders see the fruits of your labor. Where's the FPGA and funding by the end of 2003?
Cobra, in your opinion, will we get a PR of some sort by the end of the year? If so, any projection as to the contents of the PR? Any chance it will be a pleasant surprise? Or will it likely be one of those "things are going fine and next year will be better" sort of a message to shareholders?
cosmo, but isn't NVEI running out of cards to play? How can they generate any substantial future investment interest if they don't actually offer some REAL evidence that they are a viable company? This could very well be the root of the funding problem as well, don't you think?
ElderWolf, I still have a "glimmer" of hope for Ketch and NVEI. What I'd really like to see is something relevant on funding and the tech by the end of the year. At least, Ketch needs to deliver a no-nonsense, state of the company sort of explanation of NVEI's past, present, and future. Most long timers will see through any future BS.
Wouldn't it be terrific if NVEI would actually PROVE that they have the goods that would quiet those that dare to doubt and question them? Maybe, this week is the week. But I'm not holding my breath.
I still can't figure out why Berkowitz's and Cooper's contacts haven't "ponied up" at least a modest amount of funding, if the tech has a legitimate chance to succeed and be profitable. Does this concern anybody else?
excel, the lack of impact that the PR had on the share price backs up your theory. It's a little disheartening to see very few investors following the lead of NVEI's leaders today. There does seem to be a credibility problem. I do like the amount of money Ray says he has "agreed" to put up in support of the company's prospects. Pretty impressive! IMO
Thanks RET_EE for your thorough explanation. Obviously, you are adept in this area. Have you ever called Ketch to see how NVEI's current status and "game plan" stack up to these criteria? If not, I feel it would be very interesting to hear Ketch's response to your suggestions. Would you be so kind to pursue this and post your findings?
I, too, have posted my hopes that Ketch will be more specific as to when the FPGA will be completed. Maybe I'm being presumptuous that the FPDA will not meet the current "funding-dependent" timeline. But I'll be real surprised if they deliver something by the end of the year.
Thanks again for your educated contribution to this board.
RET_EE, Lycus of Yore says, "The only electronic thrills I want to be associated with is when Embarq sells $1Billion in chipsets."
Just curious, what percentage chance do you give that, right now?
Also, what general advice would you give NVEI, as far as bringing their product to market, if you were a consultant?
Lycus of Yore says, "The only electronic thrills I want to be associated with is when Embarq sells $1Billion in chipsets."
Just curious, what percentage chance do you give that, right now?
Lycus of Yore, do I detect Circus Pig "in the house (pen)"?
Cheers!
Can somebody specify the salaries that NVEI's management have received in the last two or three years? If not specifics, an approximate would be appreciated.
pengy, you do make a pretty good point about the post-Holidays factor. Also, I have a feeling the potential lender is waiting for the FPGA to be completed before they commit the additional money needed to enhance the further development of the tech. Is that a strong possibility? What are you hearing about the funding holdup?
I certainly hope I'm wrong, but my "gut feeling" from pengy's post is that there won't be FPGA completion by the end of the year.
However, I won't be too disappointed if they say something like "the FPGA's will DEFINITELY be ready for testing within the next month".
I'm afraid, it's not going to be that definitive and that's what scares me.
As I said, I certainly hope I'm wrong.
iOwnSomeNVEI, if only NVEI would follow the current market trends. Obviously, they have to deliver on their FPGA timeline and get some additional funding for tech development for us to expect that luxury.
By the way, did you play any college football or basketball or do any kickboxing?
Pandaman, McCloud, dutchf, and deeba. Are you all still as "reved up" about NVEI as you use to be? I sure hope so. Do each of you feel condident that Ketch will deliver the FPGA by the end of the year? I believe that's the FPGA timeline that he has stated.
GO KETCH and GO NVEI!!!
That is why it is so important for Ketch to meet the FPGA timeline. It would obviously improve NVEI's shakey reputation, bringing in new investors and probably get NVEI some much-needed funding to develop the tech. Come on Brad, we're counting on you to deliver.
Whatever happened to the "white papers"? Were they ever released? I thought there was supposed to be the technical version for potential customers and a non-tech version for shareholders.
NVEI management will have a lot of explaining to do if the tech never "gets off the ground". Especially, if they have been connected to any shenanigans.
Come on Ketch, prove to shareholders that this IS an "above the table" operation by delivering on your FPGA timeline by the end of the year in concert with some additional funding that you indicated was close. At least that's the impression I got.
I also remember some of those "upbeat" letters to shareholders. How about following up on some of those glowing offerings. We are anxiously waiting for you to deliver.
ElderWolf, I'm appalled by your revelation. I'm just curious as to how many of these people were hassling me about the questions I kept posing about the company.
ElderWolf and WHP, in my opinion, we'll get a real good idea of what the real situation is with the tech by the end of the year. If they don't deliver on the projected FPGA timeline, very few will "buy-in" to anything that even vaguely resembles BS. As far as NVEI's relationship with their shareholders, the company had better realize that the "honeymoon" has long passed and the "marriage" is in serious jeopardy.
Thanks cosmoworld. I really like this part,
"3. Recently in a letter to shareholders you stated that you can foresee revenues from the technology side of the business in the first half of 2004 - is NVEI still on track for this? Yes
Can you please provide a ballpark estimate for the amount of revenues that NVEI project managers have anticipated? We will be providing such estimates next year when we are closer to releasing the product"
Sounds like NVEI is "hanging in there".
If Brad Ketch said this in December of last year, "Now that we are so close to releasing our prototype, our focus turns to the profitable marketing of this technology. I am confident that telephone companies around the world need what we have.", let's hope he was just a year off.
My feeling is, if NVEI doesn't meet their FPGA timeline (by the end of 2003, as I understand it), they need to honestly SPECIFY when the completed FPGA WILL be delivered. They should have a fairly accurate idea of when this event WILL happen. No more "beating around the bush".
The reason I say this is, what little credibility they have will be shattered if they don't meet this timeline. Especially if they give some lame, ambiguous excuse for the FPGA timeline not being met. Specifics are long overdue. I sense that the vast majority of shareholders are "sick and tired" of playing the guessing game with their investment.
Trexville, do you expect NVEI to announce that they have successfully completed an FPGA by the end of this month/year? I believe that is the timeline as to when they expected to complete the FPGA.
Is the new CFO a full-time position? I was under the impression that he was part-time until revenues start coming in. If NVEI has enhanced this position to full-time from part-time, this IS a MUCH more significant PR than I'd first thought. Can somebody please clarify this?
PS. mag300, it's good to see you posting, we need your wisdom.
I agree, ElderWolf. It's nice to see some of these people showing some confidence in NVEI again. I was starting to get concerned (and I'm not being sarcastic).
It was also nice to see NVEI still talking about future revenues. Now wouldn't it REALLY be nice to see more than just "talk"?
Three weeks left in 2003. Hopefully, we'll finally get some meanningful tech news from this company SOON. I say there's about a 50/50 chance.
I found the positive tone of the PR at least somewhat reassuring. But the bottom line is, will they deliver? (completed FPGA by the end of 2003, much-needed additional funding to develop the tech, etc.)
We'll find out SOON on the "completed FPGA" issue.
mikerub, deeba, no3putts and Cobra.
Mikerub, deeba, and no3putts, I don't want to get into a battle. Just tell me what you have to be afraid of with that honest question. I'm saying, if we've really been "swindled", like some think, won't somebody need to pay judicially? I'm not accusing anybody of anything. PM me, if you prefer. I'm really interested in your earnest responses and I'll sincerely consider them.
Cobra, you said, "When truth does appear it is not recognized and is greeted with attacks instead of genuine interest."
Just what "truth" are you refering too?
If NVEI proves to be a scam, will those responsible be looking at jail time?
Why would anybody pay somebody to "bash" NVEI? I mean, seriously, what has NVEI ever actually accomplished that would present a threat to anything other than a NVEI shareholder's portfolio?
Also, if somebody was trying to drive the price down, they must think, if they get in low there will be a subsequent rise. What evidence has NVEI provided that that is likely to happen?
I guess "shorting" is a possibility. But, would they even mess with a stock this low?
Wonder what's moving NVEI up today? Pretty good volume, too.
spokeshave and Lycus of Yore, if no FPGA and no additional funding by the end of the year, that premise needs to be addressed by NVEI management. Maybe another salary cut would be appropriate at that time until things start shaping up and shareholders can actually see some real progress.
jarsch and spokeshave, what do you think the odds are that NVEI will deliver the FPGA accompanied by news of 1.5 to 2 million in additional funding by the end of '03? I see the odds at about 50/50. How do you compare the two potential events in terms of what it would mean for NVEI's sustainability and credibility? I'd be real surprised if a delivered FPGA wouldn't result in additional funding.
NVEI delivering the FPGA accompanied by news of 1.5 to 2 million in additional funding by the end of '03 would probably bring about a quick (two to three weeks) double in the share price. Actually, a triple under that scenario could happen. Man, would that be a wonderful Christmas present for long-time shareholders. I see the chances at about 50/50 of this playing out. Anybody else this optimistic about this actually happening?
Has anybody talked with Ketch within the last week? If so, I would really appreciate someone sharing some positives comments that he may have made recently. Thank you.
IH Admin [Matt], please specify the conditions that would permit me to be reinstated, at least on a trial basis. Thank you.
IH Admin [Matt], please specify the conditions that would permit me to be reinstated at least on a trial basis. Thank you.
IH Admin [Matt], are you planning to "negotiate" a deal with me, like the header states?
excel, yesterday, without any provocation, you had the time to harass me. Today, I asked you to provide specific evidence as to the supposed transgressions that led to my suspension and you don't have the time. It looks to me like a personal vendetta more than anything that led to my getting "black-balled".
And obviously the instructions laid out for rehabilitation are bogus. At least that's been my personal experience
Happy Thanksgiving!