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Bobwms, I was puzzled by this same question months ago.
So I did a little checking, correlating the price movements on the chart versus the periodic release of information.
It seems that this stock often starts to move just before a significant event. Of course, sometimes the stock moves on its own. But you can check my work and I think you will see what I have noticed.
That usually means that information is being leaked prematurely. That is a violation of Federal Security Regulations, but most likely not due to any fault of the company. They have too much to lose by it. So it very well could be from a customer who just signed a big order, etc. Or any number of other things.
Anyway, to answer your question, I think that may be what we are seeing right now.
On the other hand, we already know there are some good things expected to happen. So maybe someone is just anticipating what we are waiting for.
In any case, Enjoy the Ride!
VV
MrLucky, Well, I've never seen THAT technique before...
...but apparently, it works!
However, you can't beg effectively while in a sitting position, unless you're in a wheelchair.
VV
Mr Sensitivity, It is only by discussing both the pros and cons...
...that we can actually get at the truth. That's my honest opinion. And I do believe that the Truth is the most worthwhile goal to strive for, here and in Life.
I am sure you are aware that the penny stock market has a lot of scam companies that are just out to defraud their investors, using various techniques. I have been "snake bit" on a number of occasions, and I'm guessing that you have too. This has frustrated me and has added to my anxiety and fear, and has reduced my opportunity to have fun investing.
Well, I am also sure that you would agree with me that InstaCare is clearly NOT a scam company, and NOT even anywhere close to it.
It is obvious that YOU (MadeMyFortune?) have a very strong opinion about InstaCare. And I suppose that translates into your strong "sense of committment" to the company/stock. Generally speaking, commitment is a very good thing. But it can be taken too far; commitment is something that needs to be actively guided toward a desired end. And it is dangerous to allow emotions to become the driving force.
So for a moment, let's face facts here. ISCR is a PENNY STOCK. To some degree, All penny stocks have "warts" or "cons". ISCR trades at the price it does (probably) for good reason. Now, we may not know or understand all of the reasons why that is. That is exactly why FULL DISCLOSURE is the best way to proceed here. And I hold that to be the best strategy for ANY stock. We NEED to discuss ALL aspects of this situation, so as to convince others to buy in and hold.
Correct me if I'm wrong, but ultimately, what we investors always want to be doing is making SOUND decisions based on the facts. And to do that we need an orderly environment in which we can evaluate what we discover. IMO this is why THIS forum is currently a much better place for "discovery" than that other one, where you have mainly hung out.
And of course, everyone is going to have an opinion, pro, con, or undecided. Collectively, that translates into "Investor Sentiment". As forum posters and shareholders we can't really do anything about what the company does. They're acting on their Business Plan, as they should. But we can act together to influence Investor Sentiment. In the end, that is what will make the stock PPS reflect its true value, as we wish it to.
From what I can see InstaCare is doing quite well in business, while the stock price languishes. If that is NOT a result of Investor Sentiment then what is THE cause? Castigating and criticizing others for their selling or "flipping" their stock positions is NOT the way to get the desired results. If nothing else, it just pizzes people off to the point that they become more entrenched in their opinions and return to retaliate by bringing more negativity. And worse, it erodes you own credibility. I say there is a far better way to get what we want here. I know this from 30+ years experience as a successful corporate manager. (Yeah, I'm an old fart.)
So I am asking you point blank, why don't you turn over a new leaf and use your obvious and ample powers of persuasion to help others understand the true nature of this Great Investment?
And if they want to sell their shares, let them. After all, it is their money and their prerogative. If they really want to make the mistake of selling one of the best stocks available, then let them. That is probably the only way they are going to learn the error of their ways. And it is not our place to judge them for their mistakes.
Ultimately, every ISCR share is going to be owned by someone who really WANTS to own it. And there is no doubt in my mind that InstaCare is going to take care of business and become a big winner. Perhaps even a gigantic winner. But this is all going to evolve at a pace set by external factors, over which we have no control.
So having said all of that, I am very glad you're here!
I sincerely want YOU to be discussing the finer points of InstaCare, because obviously, you have some good information available. But you can't just go off topic and vector your critical comments at other's opinions, regardless of whether they agree or disagree with you. These are NOT my rules; they are IHub's rules.
Everyone has a God Given Right to their opinions, and a Constitutional right to express them. Ultimately you can't control what people think by rudeness or insults. That just causes them to retaliate from a more entrenched position. And for my part I am not going to allow this forum to turn into a "shooting gallery" like that other place. But I do hope the "tone" will soon change over there.
So PLEASE, try to stay positive and On Topic, and avoid the negative. We all need your contribution here. I sincerely mean that.
Best Regards!
VV
premonition12, You mis-understood what I was trying to communicate.
That was a general statement to try to quash the "cat fight" before it goes any further. As the moderator it is difficult to delete posts FOR CAUSE and then try to comment on them. So I have to do this in a kind on unusual way, just to say what needs to be said at the moment. It wasn't necessarily directed at YOU.
It is not my intention to accuse you (or anyone) of "wrong doing" here. I don't need to and I'm not. The offending posts are now gone. But I do see clearly what is going on here today, because I read that OTHER forum. The "pitched battle" between personalities that is going on hourly over there will get NO traction here. THIS forum will stay ON TOPIC because it is moderated.
My comments to YOU were prefaced by "To your point...".
So let's just continue to discuss Instacare in a civil and non-judgmental manner. There is a lot more to learn here. Furthermore, there is big money to be made with this stock, and I assume that is why you're here. So let's just focus on making that happen, and leave the bickering and rudeness to that OTHER forum where it belongs. Again, not accusing you of anything. Thanks for your comments.
Good Luck to All Longs.
VV
premonition12, Having an "intelligent dialogue" is what is hoped for and expected.
All opinions are welcome, pro or con.
But we need to stay On Topic and discuss only InstaCare and its situation. Mentioning other companies or products is not acceptable unless they are part of some comparison where InstaCare is included and a link can be posted. Folks come here to find out about InstaCare and not something else.
And the TOU rules are pretty clear about how to conduct a meaningful and helpful dialogue. We can't start demonizing and accusing each other just because we don't agree with an opinion. This would curtail the very discussion we want to foster. We must keep the dialogue civil and respectful.
To your point, it seems to me that InstaCare's EHR initiative won't kick into play until the industry settles down a bit. But it is certainly worthwhile to keep an eye on it. There is still a lot to be done on the industry standards and certification front, and getting the infrastructure into place. As far as I can tell there has been no big move to adopt this new technology yet. It is still in the planning stage, and a lot of these other small companies that have only EHR products have no current opportunity to make a profit at this stage in the development. I am thinking that many of them will vanish in the next 12 months.
Fortunately for InstaCare it is already highy successful and profitable in its drug distribution business. So the current lack of movement in the EHR area is not a big problem for them. They have the luxury of time to continue to develop their product, wait for the patents applied for to be granted, and for much larger companies to offer to help push the technology. All when the time is right.
From my viewpoint, what is really important here is the Genstrip rollout which is just now happening (current event). It fits nicely with InstaCare's current diabetes drug distribution biz, which is already highly successful. And keep in mind that InstaCare has a "5-year exclusive" arrangement on GenStrip so if it turns out to be a good product that sells well... well then it is going to get very exciting with this investment in the next few months.
All just my opinion... Let's keep the discussion going in a way that helps each other learn about this great investment.
VV
Unlike others, the InstaCare approach to EHR uses smart cell phones.
A while ago I posted an article that spells out some of the advantages.
Available here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54013172
Good Luck.
VV
bucksl, "...people will not buy much..."
If the move to EMR/EHR is supposed to reduce health care costs then it seems to me that the providers, insurance companies, government, etc. must provide it to the patients for FREE.
If this gizmo hanging around my neck will reduce my $68,000 medical bill by only 15 cents, if that, then I say SO WHAT? It is simply not worth it to inconvenience ones self by carrying this gizmo around in the hope that it will save me money.
The cost saving is to the health care system and the doctors by way of increasing efficiency. I doubt it will produce any direct savings for the patient. I don't see how it can. Most medical costs are paid for by insurance, anyway. Or should be.
The government has already built in the financial incentives to facilitate the adoption. But ALL of the incentives are to the clinics and doctors, etc. Nothing for the patients. Next they have to standardize the methodology of dealing with EHR, just as they have done with RFID and barcodes, etc. That will quickly weed out the marketplace of the manufacturers of these gizmos. And finally, they will have to MANDATE that the patients use it.
I don't see any direct incentive for the patients to adopt it. Assuming it contains accurate records the doctor will always need to confirm the data. That adds another step in the treatment process. So it won't speed up treatment but may actually slow it down. But, one way or the other, the patient will always be treated.
It may slow down the escalation of health care costs but it will NEVER reduce them. For an uninsured individual a typical major medical procedure will cost more than 10 years of average earnings and will immediately force them into bankruptcy. If they can't afford insurance they certainly won't pay for an EHR gizmo.
It is the insurance companies that will require their customers to use it and it will be provided for free. That is, it will be bundled with the premiums. Common sense should tell you it has to be free to the patient.
All just my opinion...
VV
premonition12, If you would follow the link you posted...
The web site says:
"CCHIT plans to launch its authorized HHS certification program on September 20 at 1:00 PM ET with a Town Call Web-cast describing its application and testing process."
So the "status" should be obvious, since Sept20 hasn't arrived yet.
VV
msgbrdinfo, "Typical activity here. People who sold suddenly ... appear right on time just like locust."
LOL! Perhaps you need some bug spray.
VV
Southern Gal, If you're suggesting that IceWEB should be selling...
...3Par's product then I wholeheartedly agree.
You should read the article I posted. I am beginning to wonder how IceWEB is able to compete on any level other than price. 3Par has been at this since 1999 and selling product since 2002.
From my viewpoint IceWEB is basically an acquisition candidate, and that's about it. If they can achieve a markup like 3Par then that would be fantastic for shareholders.
All just my opinion...
VV
azure107, I've never met these gentlemen, so I can't say.
I do know that this company sometimes issues glowing self-serving opinions and such in a seemingly never-ending stream of PRs, published on THEIR schedule. That suggests to me that they may want to sell more shares from time to time. Or are they just maneuvering the company to be acquired?
From my viewpoint, the main difference between IceWEB and 3Par is about $32.50 per share. However, the article I posted seems to indicate that there are also substantial differences in the technology being offered. That is management's problem to overcome. Let's hope they are up to the task.
So what are these gentlemen going to do to overcome these differences? What is the strategy being pursued?
Of course, they have good credentials. But what they may have accomplished in the past, is past. What about the future? 3Par has now become the standard by which others will be measured.
All just my opinion...
VV
FYI: On Par for 2 Billion: 3PAR Discusses Cloud Strategy
September 01, 2010
"...according to 3PAR’s VP of Marketing in a phone interview with HPC in the Cloud, the company’s cloud strategy hasn’t changed much at all since the company was founded in 1999."
Full article:
http://www.hpcinthecloud.com/features/On-Par-for-2-Billion-3PAR-Discusses-Cloud-Strategy-101951633.html?page=1
Understanding what 3PAR has accomplished may indicate what IceWEB must do to become a player in this market.
VV
Is the Medefile EHR methodology "certified"?
CCHIT plans to launch its authorized HHS certification program on September 20 at 1:00 PM ET with a Town Call Web-cast describing its application and testing process.
http://www.cchit.org/
VV
Jawboneing the stock will not make it go higher.
Nor will gearing up for another round of the "blame game".
The company must execute on its business plan.
That is all that needs to happen for the PPS to increase.
All just my opinion...
VV
lakes, There is mention of the conversions in the filings.
Latest 10Q is from Aug18, posted here:
http://knobias.10kwizard.com/filing.php?param=&ipage=7113958&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
As far as the current share count goes, best to always call the Transfer Agent. It is their job to keep track of the shares.
Conversions aren't tracked by any web site that I am aware of. If you're really interested you can always call the company. They should have the dates of when unregistered shares will become registered. But they might not want to give out this info since it is private between the investors and the company.
If and when InstaCare uplists to the AMEX (their plan) all of the various share types will disappear anyway. They will be replaced with new shares with a different symbol. I am guessing this will happen as early as next spring/summer.
Good Luck.
VV
FYI: Hobbyist Crafts Desktop Cray-1
http://www.hpcwire.com/blogs/Hobbyist-Crafts-Desktop-Cray-1-102107179.html
If you like tiny functional computers you'll get a kick out of this article.
VV
The original premise was that buying common shares in the open market benefits the company directly, and so therefore, the company should be beholden to those shareholders.
I for one, still don't see how said purchases benefits the company since none of the money goes to the company. The shares are actually purchased from some other shareholder via the market makers. But if there is some tangible benefit then it could be described which is better than just stated as such.
InstaCare is not currently selling common shares to anybody. However, current Preferred Share owners have been and are now converting their positions over to the Common. But again, no money is flowing to the company. It may have previously but it isn't now. So what exactly is this nebulous benefit?
I don't agree with "Without the secondary market trading, you could never raise money from direct investors buying from the company.". That reads like buying shares is the cause of buying more shares, which is actually a "circular argument".
So, if you want to discuss these finer points of share ownership, pro or con, that is what this forum is good for. I would be interested in following this type of discussion since it would apply universally to all stocks.
In any case you need to keep the personal attack language out of the discussion. Just because you don't agree with someone's point of view is no good reason to be rude and uncivil.
VV
IDC: 3Par's storage market share is 0.58 percent
September 3rd, 2010
EMC continued to lead the external storage market in overall market share, but there’s a dogfight between IBM, NetApp, and Hewlett-Packard for the No. 2 spot. Dell was No. 5 in market share.
But the most interesting part of IDC’s second quarter storage standings was 3Par’s market share. 3Par, which triggered a fierce bidding war between HP and Dell, had second quarter market share of 0.58 percent.
HP landed 3Par with a bid of $33 a share, but it won’t benefit much in market share. Time will tell if 3Par materially changes HP’s standing in the storage market. Storage had a strong second quarter as industry revenue was up 20 percent from a year ago to $5 billion, according to IDC.
For now, storage pure plays such as EMC and NetApp have the most momentum. EMC increased its market share to 25.7 percent in the second quarter, up from 22 percent a year ago. NetApp’s second quarter share was 11.4 percent, up from 8.8 percent a year ago. No. 2 storage player IBM saw its market share end up at 13.6 percent in the second quarter, down from 14.7 percent a year ago.
Other key second quarter stats in storage:
* Total disk storage systems capacity shipped was 3,645 petabytes, up 54.6 percent from a year ago.
* Open networked storage (network attached storage, iSCI storage area networks) had revenue of $4.2 billion, up 29.2 percent from a year ago. In this market, EMC has 28.9 percent market share with NetApp No. 2 at 13.6 percent.
* EMC and NetApp also dominated the network attached storage market with market share of 45.6 percent and 25.2 percent, respectively.
Full article with market charts:
http://blogs.techrepublic.com.com/datacenter/?p=3081&tag=nl.e101
VV
News: Needham & Company Co-Founder Raymond Godfrey Joins ComCam's Advisory Board
Last update: 9/7/2010 7:45:00 AM
WEST CHESTER, Pa., Sept 07, 2010 /PRNewswire via COMTEX/ -- ComCam International, Inc. (CMCJ) announced today that Raymond Godfrey has joined its Advisory Board to strengthen ComCam's initiatives in venture services for the United States Department of Homeland Security and tele-healthcare markets.
ComCam's Chairman and CEO, Don Gilbreath, stated, "Ray is an exceptional addition to our Advisory Board who brings to ComCam 40 years of proven experience in business development, marketing venture services and asset management."
In 1985, Mr. Godfrey co-founded Needham & Company, an investment banking and asset management firm focused on growth companies. He also led the successful restructuring of a $300 million NASDAQ company and in 1991 revived Laidlaw Equities. Mr. Godfrey joined Hampshire Securities in 1995 as principal and head of capital markets. After Hampshire was acquired in 1998 by Gruntal & Co., Mr. Godfrey served with Gruntal for two years as Senior Managing Director of Equity Capital Markets before rejoining Needham & Company in 2000. In his early career, Mr. Godfrey worked as Vice President of Business Development at Credit Suisse First Boston, Merrill Lynch and Time Inc. Later, he served as an Assistant Administrator of New York City under John V. Lindsay. Mr. Godfrey received his BA from Yale University and his MBA from Harvard.
In his new role with ComCam, Mr. Godfrey will be centered on many of the same areas as former Board member Albert White. ComCam accepted the resignation of Mr. White as a Director with the Company, effective Sept. 3, after 12 years of dedicated service.
ComCam International () develops network video command-and-control products and provides solutions and technical services to U.S. government agencies, Fortune 500 companies, research facilities, OEM, systems integrators and dealers worldwide. The company specializes in wireless IP, mobile, and wearable devices that are ideal for remote use in inhospitable environments.
News: Helix Wind Receives Purchase Order for S594 Wind Turbines
Last update: 9/7/2010 8:00:00 AM
Quantity of 24 Units with Total Value in Excess of $400,000 POWAY, Calif., Sept 07, 2010 /PRNewswire via COMTEX/ -- Helix Wind, Corp. (HLXW), a global renewable energy company, announced today that in cooperation with its distributor SWG Energy, Inc., the Company has accepted an executed purchase order to provide twenty-four (24) S594 wind turbines for the Oklahoma Medical Research Foundation (OMRF). This additional purchase order was received after installation and successful completion of standard testing for two units that were previously sold to the facility as part of the overall project.
Mike Morgan, Executive Vice President and Chief Operating Officer of OMRF said, "We are confident that Helix Wind turbines will meet our requirements. This is cutting-edge technology, and we believe we're the first research organization to install a vertical-axis wind turbine farm on our roof. Helix Wind's S594 offers a reliable wind turbine that operates effectively in our environment. It also meets our low-noise requirements. With their double-helix shape, the wind turbines are shaped like a DNA molecule, and that's a perfect symbol for a biomedical research institute like OMRF."
Scott Weinbrandt, Chairman, CEO & President of Helix Wind said, "We are excited to be working with our distributor partner (SWG Energy, Inc.) and the OMRF team to provide a solution to meet their renewable energy requirements. This unique medical research facility has specific renewable energy needs that Helix Wind, Corp. can provide with its small wind vertical axis technology. This joint effort amongst the teams has resulted in a state of the art roof top mount specifically designed for the medical research facility."
About Helix:
Helix Wind, Corp., a global renewable energy company is engaged in the design, manufacturing and sales of small wind vertical axis turbines designed to generate 300W, 1kW, 2.0kW, and 4.5kW of clean, renewable electricity. Additional information can be found at .
FYI: Developments in nanobiotechnology point to medical applications
August 31, 2010
Two new groundbreaking scientific papers by researchers at UC Santa Barbara demonstrate the synthesis of nanosize biological particles with the potential to fight cancer and other illnesses. The studies introduce new approaches that are considered "green" nanobiotechnology because they use no artificial compounds.
Luc Jaeger, associate professor of chemistry and biochemistry at UCSB, explained that there is nothing short of a revolution going on in his field -- one that permeates all areas of biochemistry, especially his area of nanobiotechnology. The revolution involves understanding the role of RNA in cells.
"Considering the fact that up to 90 percent of the human genome is transcribed into RNA, it becomes clear that RNA is one of the most important biopolymers on which life is based," said Jaeger. "We are still far from understanding all the tremendous implications of RNA in living cells."
Jaeger's team is putting together complex three-dimensional RNA molecules -- nanosize polyhedrons that could be used to fight disease. The molecules self assemble into the new shapes. The work is funded by the National Institutes of Health (NIH), and there is a patent pending jointly between NIH and UCSB on the new designs.
"We are interested in using RNA assemblies to deliver silencing RNAs and therapeutic RNA aptamers to target cancer and other diseases," said Jaeger. "It is clear that RNA is involved in a huge number of key processes that are related to health issues."
Jaeger believes the RNA-based approaches to delivering new therapies in the body will be safer than those using artificial compounds that might have undesirable side effects down the line.
"By using RNA molecules as our primary medium, we are practicing 'green' nanobiotechnology," explained Jaeger. "The research program developed in my lab at UCSB aims at contributing in a positive way to medicine and synthetic biology. We try to avoid any approaches that raise controversial bioethical issues in the public square. It's not an easy task, but I am convinced that it will pay off in the long run."
The more recent of the two scientific papers describing the new work -- "In vitro assembly of cubic RNA-based scaffolds designed in silicon" -- published online Monday, August 30, by Nature Nanotechnology. The earlier paper -- "A polyhedron made of tRNAs" by Severcan and colleagues -- was published online on July 18 by Nature Chemistry. The print edition of this article will be published in Nature Chemistry's September issue.
Provided by University of California - Santa Barbara (news : web)
http://www.physorg.com/news202483649.html
VV
msgbrdinfo, Since 3PAR surfaced the players are now coming out of the woodwork.
As soon as one little company gets a lead others move to knock them back down. Now, here comes Crossroads Systems, seeking the spotlight.
"3PAR Sued for Patent Infringement"
http://virtualization.sys-con.com/node/1518819
"The other companies reportedly sued include American Megatrends, Rorke Data, D-Link Systems, Chelsio Communications, DataCore Software Corporation and iStor Networks."
Being acquired would certainly be nice if it happens. But apparently, it does come with some big risks. Perhaps it might be better in the long run for IceWEB to avoid the current fray, stay low profile, and just keep knocking down the sales.
Just an observation...
VV
SEC obtains Final Judgement against Mobile Ready!
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21565 / June 22, 2010
Securities and Exchange Commission v. Mobile Ready Entertainment Corp., Michael H. Magolnick, and Craig A. Mora, Civil Case No. 1:08-CV-2263-JEC, U.S.D.C., N.D. Ga. (Atlanta)
SEC OBTAINS JUDGMENTS AGAINST MOBILE READY ENTERTAINMENT CORPORATION, MICHAEL H. MAGOLNICK, AND CRAIG A. MORA IN PUMP AND DUMP STOCK SCHEME
On April 14, 2010, the Court entered Final Judgment which permanently enjoined Mobile Ready from future violations of Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder. Mobile Ready consented to the issuance of the Final Judgment without admitting or denying any of the allegations in the Complaint.
On May 18, 2010, the Court entered Final Judgments against defendants Magolnick and Mora. The Final Judgments as to Magolnick and Mora permanently enjoined both Magolnick and Mora from committing further violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, and Section 5 of the Securities Act and imposed 5-year officer/director and penny stock bars against both Magolnick and Mora. They consented to the issuance of the Final Judgments without admitting or denying any allegations in the Complaint.
The Final Judgment as to defendant Magolnick determined that he was liable for disgorgement of $69,949.69 and prejudgment interest of $4,719.04. Based upon Magolnick's sworn financial statement, all but $40,000 of the disgorgement and prejudgment interest was waived and no civil penalty was imposed. Magolnick consented to the issuance of the Final Judgment without admitting or denying any of the allegations in the Complaint.
The Final Judgment as to defendant Mora determined that he was liable for disgorgement of $72,589.32 and prejudgment interest of $4,897.12. Based upon Mora's sworn financial statement, all but $15,000 payment of the disgorgement and prejudgment interest was waived and no civil penalty was imposed. Mora consented to the issuance of the Final Judgment without admitting or denying any of the allegations in the Complaint.
In its Complaint, the Commission alleged that Mobile Ready, Magolnick, and Mora engaged in insider trading and securities registration violations. After December 2006, Defendants issued press releases containing baseless revenue projections and misleading information about business relationships and future contracts to create artificial demand for Mobile Ready stock. Magolnick and Mora then sold substantial amounts of restricted shares, not exempt from registration, when the price and trading volume of Mobile Ready stock increased.
Magolnick, a resident of Cumming, Georgia, was Mobile Ready's co-chief executive officer from December 2006 until his resignation in December 2007. Mora, formerly a resident of Cumming, Georgia, was Mobile Ready's co-chief executive officer until Magolnick resigned in December 2007.
http://www.sec.gov/litigation/litreleases/2010/lr21565.htm
===============================================================
I still own some of this and I am wondering what may come of it.
Current Bid: ZERO, Ask: .0001 - virtually unchanged since Nov09.
VV
INKN files SEC form 8-K/A on 09/03/2010
http://knobias.10kwizard.com/filing.php?param=&ipage=7139369&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
VV
msgbrdinfo, Thanks for pointing out the PR.
I think it is always a good idea to copy them directly to the forum so that they stick around permanently.
Also, in the PR the CEO mentions the following:
"The most attractive acquisition candidates offer something innovative that no other company offers. For example, the software 3PAR offers is designed to maximize available space on data storage hardware -- a cost-cutting step -- by using a technique called "thin provisioning," by which extra capacity can be added as needed."
That is kind of what I was alluding to in mentioning the ZFS file system that IceWEB supports.
But since the CEO is now referring specifically to a unique feature called "thin provisioning", I would be willing to bet, that in the near-term future, IceWEB will have that feature too. That is, if they don't already.
Good Luck.
VV
Mr Sensitivity, You're absolutely correct about the myths.
Everyone is certainly free to think whaever they choose. And whether they get it right or not is totally up to them.
And having an incorrect idea is not necessarily a bad thing as it is part of the learning process. I suppose we could call it forming a theory.
But it should be obvious that if a person really wants to know the truth then they should constantly question their own beliefs, and remain open to learning from others.
Ultimately we are all students and we are all teachers.
So I do appreciate it when folks read my posts. But I have absolutely no problem if they don't. Last night I was just in a mood to write a few responses to what I had read on several forums. I probably could have spent my time more wisely.
So, Carry On dude, and have a Very Good Day!
VV
azure107, "...more to IWEB than just the cloud."
Agreed! Of course there is more.
Actually, IceWEB is NOT in the Cloud Computing business.
They are in the Data Storage business.
It just so happens that Cloud Computing is "The Next Big Thing". So IceWEB's biz plan is to be a vendor to Cloud Computing service providers. That make good sense. Ultimately, it is the customer who decides how to use the product that IceWEB sells to them. No doubt that IceWEB will sell to anybody who needs data storage.
I am certainly not trying to define or limit what this company is.
As far as those other companies you mention, I couldn't care less about them. They are not penny stocks and I will, most likely, never invest in any of them.
Good Luck.
VV
azure107, The simple way to understand Cloud Computing...
...is to differentiate between a shrink-wrapped application that you purchase, install, and execute on your own computer...
...verses...
...an application that you rent on the Internet and run mostly inside your browser, while processing YOUR unique data stored out on the Internet.
That is a very simplistic example but it reveals the basic difference.
The difference from YOUR example is that you don't actually own your chart data and have no "right to use" the application. StockCharts is a free Internet service, one among millions.
For a better example, Intuit sells a shrink-wrapped product named QuickBooks. It is used far and wide for doing the financial accounting part of managing small businesses, and it is the industry-leading product in this category. It sells for about $350 but if you have employees then you must also subscribe annually to download the tax tables, and that costs another $300/yr. The total cost to run "stand alone" version is about $600. And the user is still responsible for the integrity and safety of their data, ordering the forms, blank checks, ink cartridges for the printers, etc. And don't forget the periodic downloadable updates and bug fixes, etc. In the end, if the computer goes down then productivity stops abruptly and you have a real big problem.
Now along comes Cloud Computing...
Just within the last year Intuit has begun to offer the very same QuickBooks application running on Cloud Computing. Instead of buying the app the client rents the "service" as needed. Hopefully, it will cost far less than $600/yr.
The new buzzword for this is SAAS (Software As A Service). The costs are reduced and the convenience is increased. The client can now do the accounting from virtually any computer anywhere in the world. They can even do it from an iPad while at Starbucks, or from a SmartPhone, etc. If they need to print a document it pops out in the data center and is over-night mailed to them.
In addition, just this week, AutoDesk has released a new version of AutoCAD, the premiere automated design application, for the Apple platform, including the tiny iPad. And guess where this new version runs: out on the Cloud!
An interesting sideline to all of this is that by moving the applications from the desktop workstation unto the Cloud, Intel's stranglehold on the X86 CPU architecture has finally been broken down. These days there is a much wider variety of CPU processor types being used that are NOT Intel compatible. So the size of the market for Cloud Computing is substantially larger than the previous "shrink-wrapped" software market ever was or could be.
Cloud Computing has evolved as a result of the enhanced network bandwidth that we now have, and the need to re-deploy all of the grossly under-utilized servers sitting in all of those data centers around the world, powered by fossil fuels and generating wasted heat. In that respect, Cloud Computing is just a natural evolutionary step forward, and not that much different from what has been evolving since the early 1960's.
Do you recall the term "Time Sharing"? It is basically the same thing, except now we have better broadband and far more powerful centralized servers, more easily accessed. And virtually everybody already has a small computer in their hand.
For the last several decades in the computer industry there have been these waves of new technology (Tsunamis) sweeping over the industry. They are generally referred to as "The Next Big Thing" These are not so much revolutionary changes as they are evolutionary. In essence, they are mostly just a re-configure of the available assets.
The term Cloud Computing is basically a marketing buzzword to describe a procedural paradigm shift in the way automation is deployed. It is intended to give the impression that this is something really new and unique, like fusion energy or teleportation, etc. But to someone who has lived thru successive waves of change like this, it really isn't all that new. It is just part of a long-term historical pattern; "Long Term" in the sense that the first commercial computer was sold in 1946.
Anyway, the shift to Cloud Computing is going to require a new approach, with all new software and new hardware. At its core that's what it is really all about: selling a whole lot of new stuff. And that is why it is being pushed out into the mainstream by the industry. The "premise" is that it is cheaper, safer, and more convenient for the customer. It has yet to fulfill that promise, but I'm sure it will.
So hopefully, IceWEB will ride this new wave and sell a lot of their fancy high-tech file systems. And make some very good coin doing it.
VV
westeffer, "...IWEB is going much higher." ... Agreed!
Just the hot air alone, spewed forth on this forum, should help maintain a continuous gain in altitude.
Just kidding, of course...
But Cloud Computing is NOT catching on as quickly as was originally assumed it would. There are still substantial security concerns and technical hurdles to be crossed. Until the clients buy into it "en masse" it won't really take off. And that hasn't happened yet. Currently, it is mainly the Feds doing the buying. The Cloud Computing "build-out" is rather slow at this time, but it should accelerate rapidly next spring as the economy recovers.
Meanwhile, IceWEB has made an excellent start in this new computing arena. They offer a specialized and robust product which is just one piece of a much larger puzzle. Sooner or later they will face substantial competition from the industry heavy weights like IBM, HP, etc. who have far more resources to bring to bare to attempt to dominate this market. Eventually IceWEB may very well become a target for M&A. Meanwhile, IceWEB needs to remain committed to advanced R&D, essentially forever. And R&D is very expensive. So in the end, they might never achieve what is necessary to become the go-to world-dominant vendor.
Ultimatly, all competing products will be compared and evaluated based on their technical feature sets and record of reliability. IceWEB has done well in getting to market FIRST, which is extremely important. But from my viewpoint, the most technically exciting factor that IceWEB has going for it right now is their direct support for the incredible ZFS File System, born of Sun Microsystems, just before they were absorbed by "The Borg" (Oracle Corporation).
http://en.wikipedia.org/wiki/ZFS
I find it interesting how technology evolves over time; some dies and some morphs and grows. Most of the tech which Sun produced may end up on the scrap heap due to the short-sighted greediness of Oracle CEO Ellison. But there is little doubt that ZFS will survive and eventually become the standard of file systems by which all others are measured. It is THAT good!
Yes, I do admit to my geekiness. But ultimately, it is the geeks who will buy IceWEB's products. And most geeks already know about ZFS. I just thought other less-technical longs should know too.
Good Luck to All Longs.
VV
FYI: EHR market’s exponential growth
Posted on Thu, Sep 02, 2010 - 01:13 am
New analysis from Frost & Sullivan pegs the EHR market to double in growth in three years, from $1.3 billion in 2009 to an estimated $2.6 billion in 2012. The research firm noted that the HITECH Act's federal incentive programs and healthcare reform are two of the drivers for the uptick.
Reimbursement changes, pay-for-performance programs and quality reporting are all contributing to healthcare providers looking to health IT to help aggregate, manage and analyze electronic data for the various mandates and initiatives.
The results of the analysis are not surprising. With the final rule on meaningful use criteria and now the authorization of certification bodies having been announced, the industry will surely go into overdrive.
What can derail the growth? Vendors who are in the market to turn a quick buck. Hopefully, that won’t happen, if hospitals and physician offices do their due diligence. While some may argue against regional extension centers (REC) picking preferred EHR and EMR vendors, having a seal of approval from a third party that is in the business of helping reach health IT adoption delivers confidence and reduces the amount of research resource-strapped providers don’t have.
The growth could be derailed by healthcare providers that don't take the time to complete due diligence. If time and resources are at the heart of a harried and hasty approach, go directly to your local REC for help. Physician offices should seek out local hospitals for their help. There are multiple avenues of resources to seek out that were not available as little as two years ago. Take advantage of them whenever you can.
The growth can be derailed in other ways, but I'll now focus on the positive. When the federal funds were first announced in early 2009, there was a lot of apprehension that the industry would not get it right and we'd be left with a lot of money having been spent on a system that doesn't work. Everyone was saying that the funding was a historical first and perhaps the last, if we don't get it right.
All that pressure will likely turn out to be a good thing. It will keep us honest. If we don't get it right, the patient - and that means all of us - will not trust our healthcare system anymore. Hey, that's all of us. So we all have a stake in making health IT make our healthcare delivery system more efficient, safer and of greater quality. The promise is ultimately would will spur the growth of the EHR market.
http://ehrwatch.com/node/1303
VV
FYI: Using smartphones to drive EHR adoption
Posted on Thu, Aug 26, 2010 - 12:30 am
Several studies point to a higher adoption rate of smartphones by physicians than the general public. Given the historical low rates of technology adoption within the healthcare industry, this news may come as a surprise.
The convenience factor of smartphones for busy physicians, however, is a no-brainer. It fits their workflow and mobility. The acceptance of these devices should be leveraged to drive EHR adoption.
The problem that physicians are encountering is not being able to access patient data on their smartphones. Imagine the power unlocked for physicians if they could gain access. Being able to connect to relevant data would make EHRs and EMRs more valuable to physicians and open the door to greater acceptance and adoption.
A few barriers exist, one of which is privacy and security policies. This is an area in which hospital CIOs should attend to in order to allow connectivity and ease to connect.
Another issue is the hospital's ability to connect multiple wireless devices to their EMRs and EHRs. This is a technical issue that can be solved.
Speaking of technical issues, this is a call to smartphone application developers, communications vendors and EHR and EMR vendors to collaborate to make connectivity and access happen.
There are so many stories of physicians accessing patient data far away from the hospital or clinic and being able to treat patients efficiently, quickly and with a high degree of safety. Likewise, there are many anecdotes about happy patients and physicians.
The health IT vendor community ought to take advantage of this state of affairs. It's good for patients, providers and the health IT movement.
http://ehrwatch.com/blog/using-smartphones-drive-ehr-adoption
VV
mabsurgood, This company is profitable...
...and you're suggesting they're STILL diluting by converting?
That is absolutely ridiculous.
The Preferred Shares were sold a long time ago. Their conversion to common was always part of the deal. It is really a replacement of one type of share for another. It is more akin to the extinguishment of debt than the sale of new shares. Furthermore, whatever gain the company received from those Preferred Share sales is long since past.
If you want to understand this company you need to exit the past and focus on the present and the future.
VV
He must be referring to the Preferred Shares...
...of which there are a ton, and usually sold directly by the company.
If you buy the Common Shares from the market then you're just buying them from another shareholder. It doesn't help the company one bit.
VV
SevenTenEleven, "...buy low and sell high."
Now that's a novel idea. I think I'll try that. LOL
Actually, I'm following this one because it is a competitor of another one I own. Same industry, so similar situation.
Good Luck.
VV
These penny stocks do go up and down.
So, you don't like today's price, because of the price 4 days ago.
Well, just wait a while and it will change again.
VV
My streamer shows this UP 40% today.
What's wrong with that?
VV
kookiekook, The situation could change very quickly for the better.
But it all depends on what the company does next. Outside investors can't really do much except watch and hope.
I'll just say it again; I still think they should issue another 100M shares and put them into the float so it can trade daily with some reasonable volume. I realize that would represent dilution and not a particularly good thing for us. But maybe they would use the additional revenue for something worthwhile. Or not...
All just my opinion...
VV
Last 10Q was published on May 24.
So we should be getting an update any day now.
VV
Looks like the shorts have mostly covered here.
Prior = 77,800 -- Current = 500
http://shortsqueeze.com/?symbol=iscr&submit=Short+Quote%99
VV
Nowt that Sturgis is over maybe we'll get some forward guidance...
...about their near-term plans, or a heads up snapshot on their financials. Without something like that I see little reason for anyone to buy here.
I still think Dent "screwed the pooch" with that MASSIVE reverse split, because not the stock is illiquid. There just aren't enough shares in the public float for this to trade reasonably. The spread is absolutely ridiculous. But I'm sure that problem will be solved next Mar-Apr timeframe when the insiders can sell theirs.
Until then, I see little reason for the company to promote the stock. We early investors have been hung out to dry, twisting in the wind. Ouch!
Good Luck.
VV