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Ketch seemed to feel that the movie will create more funding possibilities (like a bank loan). Does anybody really believe funding could be announced "sooner than later"? Will they now, based on movie revenue projections, seek less funding? I've heard they need 10 million to develop the tech. Is that amount needed now? Wonder what the minimum they need now to "keep the ball rolling"?
deeba, I sincerely hope you are right. I have never said that I definitely don't think it will.
dutchf, if the tech comes to market, I can't imagine anybody being more pleased about it than myself.
Groove, your theories about my motives are complete "bunk". I am simply a shareholder that let myself be influenced by some "rosey conjecture" about this company. I now have taken a much more cautious approach. You choose to be more optimistic. You haven't been through as many "downers" with this company as I have.
I have suspicions about your motives, as well, but I don't go throwing accusations around. Because they are just that, suspicions, not facts. Also, I think it is against the board rules to verbally attack a poster, although it's not always enforced or rather selectively enforced.
Cobra, do you feel funding will be secured by the end of October?
Cobra if "there is LITTLE chance the tech won't see the light of day", wouldn't this "leak out" at least a little bit resulting in a rise in the share price instead of a decline?
sorry big dawg, I'm going to keep asking questions until the delays are over and NVEI FINALLY does something to get the share price moving significantly upwards. I've listened to too much "give it more time" and "things will be fine" overtures. Where has this got any of us? What's the old saying, "the truth hurts". And truth is, NVEI has not produced any third party verification that the tech is viable and has not produced the needed funding to develop the tech. And who has got the "short end of the stick"?
Is there ANY hope for something (like a reasonable funding deal) short-term (through October)to get this "sick" share price moving up? This "crap" is getting old.
Did Ketch give any kind of an estimate as to a reasonable timeline for getting funding? I forgot to ask him yesterday. I just don't get the impression there is much for shareholders to look forward to "short-term". Somebody please correct me if I'm wrong.
cosmo, the BIG question I wonder about is what NVEI's stats will look like one year from now.
pengy, how's NVEI's pursuit of funding going? Which is obviously, what is a priority for NVEI at the present. From my conversation with Ketch today, I really couldn't tell.
Ketch returned my call. I feel a little better about what the testing established, but not too inspired by the funding "vibs" I sensed. Hope I'm wrong on that. In order to avoid misinterpretation, better leave it at that.
Is this "tech freeze because of their glee" based on the feedback from the two testers? Did NVEI say that "specifically"? Where is that in the notes or letter? I plan to ask Ketch to clarify this.
wheels, I'm going to inquire about this when I get to talk with Ketch. You said, "And from talking to folks at the office, the tech is frozen because they are happy with it." Is this "tech freeze because of their glee" based on the feedback from the two testers? Did they say? I feel this is a very pertinent fact that needs to be clarified. If this "freeze" is based on the results of testing, I think we might be on our way.
miler, I think that, as a result of the testing, they have decided to "freeze" the tech. If that's the case, I look at it as a positive.
I called Ketch this morning and left a message. I hope to hear back from him soon. I'll ask him to clarify the results of testing along with, hopefully, get his take on the status of NVEI's pursuit of funding.
deeba, somebody bought 60,000 at .32 or sold 60,000 at .31 or both?
miler, there have been a lot of "overzealous" predictions for NVEI over the years. I have found that some would rather we not mention it and just forget about it.
Let me say, I am surprised that the early success of and projections for SIL hasn't been reflected in the share price.
I agree, that from all accounts, SIL is a nice "plus" for NVEI. Now let's figure out some way to get the share price up. That's what it's all about for me as a shareholder. That's not negative, that's reality.
spokeshave, if you get a chance, please PM me your email. I've got some info about NVEI I'd really like your opinion on.
wheels, I really don't think I can disagree with any of your points. After sitting back and analyzing what was said at the shareholders meeting and being reinforced by your post, maybe Ketch and company does deserve a little more time to pull this off. Can you imagine what a relief it would be to get "reputable" funding? That would also improve the image of and confidence in this company in the eyes of potential investors. Consequently, a long-overdue share price appreciation. IMO
GrooveMaster, by "down hill slope", do you mean a closed funding deal or that plus the release of the FPGA or do you mean the release of the ASIC?
cosmo, please explain what you mean by this, "everything is lined up!"
GrooveMaster, no doubt SIL is a "feather in the hat" for NVEI. I can't quite understand why SIL hasn't had a positve effect on the share price. Do you feel NVEI will actually realize the projected 7 million from the movie?
cosmo, if they "produce" they need to be paid a nice salary. So hopefully, in four months the full-salary reinstatement will be justified by the performance of the company.
miler, please check out Ketch's letter and tell me if you don't sense a "RAY of hope". No pun intended, LOL Hope you didn't sell today. If so, "do whatcha'gotta do".
Very professional, thorough and encouraging letter, Mr. Ketch. Much appreciated by this shareholder. Go Get Em'!
jazzman, I don't want them to "prove me wrong". I just want to "prove" they can get funding and produce a viable tech. Not just "talk" about doing it. The reason, I have a "gob" of shares.
As you alluded to, I've done some coaching. I don't like to lose. Maybe that's why I thought that, just maybe, my persistence, could help "get NVEI on the stick" and make us some money. I was hoping to get more shareholders to join in with me. I think our vocal displeasure helped them decide to cut salaries, don't you?
Could somebody please give me three "solid" reasons why NVEI is a better investment now, from the info you gained from the shareholders meeting, than what you knew before the meeting? I really am looking for reasons to be more positive about and supportive of NVEI. (A private message response would be be fine)
I really don't enjoy being negative. I would be overjoyed to see some kind of a positive "follow-up" to the upbeat shareholders' meeting.
If NVEI eventually changes their name to RIM (by the way, are they now not doing that by Sept. 15, like they said?) and they don't get funding for tech development (consequently probably no tech product), maybe they could just change their name back to NVEI and stay in entertainment. Afterall, they have actually done something in entertainment that has produced revenue(or is it will produce?)
What do we know FOR SURE about NVEI's tech and I'm not talking about "they say it works"? What has been independently verified in print for shareholders and potential investors to analyze? excel, you say, "I tell it like it is". Let's hear it. These questions should qualify as "answerable" by IHub's "high standards".
This should be a good opportunity for longs to impress potential investors in NVEI if they read this board, right?
So what's the real purpose of this forum? Just HIDE and HOPE and pat each other on the back for being so fortunate to be invested in such a PROMISING company. Unbelievable!
cem727, I don't care what you or anybody else here wants, "GET IT"? I care about what I want and that is some REAL evidence that NVEI can get funding and that the tech works and will bring in revenue. Not just WORDS! It's been going on TOO LONG!
famlydog, I understand that. Afterall, I am a long-time shareholder of this "tortoise". I just want some SOLID evidence in the form of a PR to PROVE the tech is making progress. Why is that too much to ask? A REAL funding agreement is an example of what I'm looking for. If they got the goods and the collateral, what's the hold-up? I've seen this company "drag their feet" too long. I need RESULTS. Encouraging words from the company, obviously, don't pacify me. "Too each their own".
jazz, what I'd like to see is a company that can provide evidence that they can ACTUALLY close a funding deal and are REALLY producing a viable tech. Some of you are tired of my "song and dance". That's fine. Well I'm tired of NVEI's "song and dance". What have they really PROVEN about their magnificent tech? I'm waiting for some of you "cheerleaders" to answer that. excel, are you impressed with this company's actual "proof presented"?
excel, what's with all the personal insults you are allowing here from other parties?
Groovy, what are you, an "out-of-work" detective with too much time on your hands? If you are, I can see why you are out-of-work. What an imagination though. LOL
So when are you going to buy my shares at my "break even" like you said you would? I can "produce the shares". Let's see how credible you are. I'll gladly "take a hike", if you are true to your word.
wheels, thanks for what seems to be an honest reply. You really appear to be "confused" about your investment in NVEI. Many others are too if they would only admit it. We need some RESULTS, not hopeful WORDS.
excel, it looks like GrooveMaster is willing to buy all of my shares and rid me of this "headache".
GrooveMaster says, "I'd take you up on it but I doubt you could "produce the shares"."
Let's see if he is "TRUE" to his word.