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Cabos..if insiders buy shares the best way to make money is to get the stock price up ..not go private...bigbizz
MH..the orders have not been delivered yet..for some reason Sevu isnt ready to put Secureview on store shelves..I hope that changes soon...bigbizz
AS for the backorders didnt investors see the order books at the open house or shareholders meeting?? If I remember most of the orders were from retailers...so they wont get filled until we put products on store shelves...bigbizz
Subscriptions for 10,050,000 shares were CANCELLED,and NEW subscriptions for 305,000 were received...if you look at the amount received for the shares its $229,700 or .75 a share...bigbizz
MH..in order to raise money for larger production runs Sevu must raise money...that means take out loans(and pay interest) or do a PP...loans or a PP both will reduce the net earnings per share..BUT we will have net earnings!!! So what would you do to grow this company?? Remember with a PP we still have 0 debt!! Not many companies can say that!!! bigbizz
Oct 8th shares were at .50.. Oct 11th we closed at $1.30 and this was without any news..whats going to happen when we get really good news?? Im buying more shares....bigbizz
Shamus..The Ceo of Sevu stated there are 33 million treasury shares...why would you leave that out?? I think you should have waited until the quarterly report came out before posting anything...bigbizz
Is Sevu working on their website?? I couldnt get on last night or today...changes right before 3rd quarter numbers come out...very interesting!!! bigbizz
Cabos..you need to read a few PRs..Wal-mart and Sams are buying the parking lot systems..THIS IS A FACT!! Unified Marine sells MARINE products to Wal-mart and K-mart...I never said you could buy a Secureview at K-mart or Sams..not yet!! Since Costco sells Secureview on their website and its going into their B2B flier I would think they would be the first to sell Secureview from their retail stores...bigbizz
Cabos..Where have you been?? Costco is selling Secureview...Wal-mart and Sams HAVE bought parking lot systems...with more signing up..Unified Marine selling Sevu products and they supply Wal-mart..K-mart and Lowes..Secureview was seen on Good morning America..Popular Mechanics/Science Readers Digest..20,000 Secureviews have been produced...I will be the first to admit its taken longer than I thought it would but things are falling into place..Secureview will be in the Costco Connection a B2B flier sent to 3.5 Million businesses...Im happy with the new management team...and soon you will see why the market makers have been BUYING shares...anyone want to answer why we have 100 shares trade at the bid and 5000 trade at the ask and yet the marketmakers move the ask down???....answer..so they can buy shares cheap...bigbizz
Only 12,510,660 regular shares..15,239,749 restricted shares that wont come to market until Sevu is in better shape...and 33 million shares held by Sevu...still no long term debt..and new deals coming...everythings fine at sevu...and remember all shareholders own the shares held by the company...bigbizz
Everyone should ask why the market makers move the ask price down after several buys at the ask price?? I like it when they lower the bid and then trade 100 shares so the last trade number is lower..100 shares?? at .60 a share?? I had a broker watching the price action this week..he thought it was all wrong...stocks should go up when you have 100 shares traded at the bid and then 5000 traded at the ask..this hasnt been the case with Sevu...someone is buying shares without moving the price up...but at some point they will move the price since they now own a lot of shares...jmho ..bigbizz
Bid .60 ask .65 then they lower the ask to .61 and the first trade of 2500 shares was at the bid..so they RAISE the ask price???? More MM games...bigbizz
Foley & Lardner are still working for Sevu..they were on the last S-8 filed by Sevu on 10/25....bigbizz
MH..I also found the term cease and desist used a lot by the SEC...some companies reported hundreds of millions that they should not have and what did the sec do...a cease and desist order...So Im not worried about Sevu..I do feel since the Sec looked into Sevu late last year all the numbers we get will be the real deal...so thats good..as for class action suits by stockholders only 1% make it through the court process..the rest are dropped or settled..and the average settlement is .05 on the dollar lost...again Im not worried about the suit...bigbizz
I would hope its time for a new production run for Secureview...maybe 40,000 this time? bigbizz
MH..what about the Skymall ads..4.5 MILLION copies..126 MILLION passengers...and Secureview will be in the Costco Connection a B2B flier sent to 3.5 MILLION businesses...new management is doing a great job...bigbizz
MH..I have no relationship with Sevu..Ive never been paid to post on any board...and the new management team has been selling product!! Costco..Supercircuits..ads in Popular Science circulation 1.5 MILLION..ads in Popular Mechanics circ. 1.2 MILLION..Secureview on Good Morning America and Bloomberg radio...Reader Digest circ. 12 MILLION....How can you say current management isnt doing all they can to sell product?? Sevu has gone to all the big trade shows... Wal-mart and Sams are buying parking lot systems!!! You are stuck in the past...things have changed at Sevu....bigbizz
Making a profit isnt easy..Amazon has 371 million shares and a loss of 62 million every month...it looks like Sevu will be able to make money and a lot of companies would like to be able to say that...I want to know what Sevu plans to do with any cash raised by a PP etc...that seems to be the question to ask...bigbizz
If Sevu needs more cash to finalize bigger deals then thats a good reason for more shares....I wouldnt mind more shares if we could get Secureview on store shelves...it takes money to make money....bigbizz
MH..Im a shareholder and as long as people with no shares spend hours on the boards bashing this company I will keep posting the positive side...the marketmakers are still playing games..we see more shares trade at the ask than the bid and yet they lower the ask...this along with the last trade of the day between marketmakers always at the bid and bashers 24/7 on the boards tells me someone wants to keep shares cheap...but it works both ways..once they load up then we will see shares trade much higher...and just why are you here MH??? bigbizz
From FG..RB#194 I found the word GOLDMINE to be rather appropriate,because this is exactly what Secureview means to Sevu....so FG whats changed??..its still the same camera...we even have Costco selling it...bigbizz
Unified Marine supplies K-mart...so maybe we will see the super-mini and fishlite on shelves soon...bigbizz
paulmk..from Sevu PRs...we should finalize initial installation CONTRACTS with Home Depot and Target..Also from Sevu PRs..site analysis requests from Hagger clothing and Fred Meyer super markets.....bigbizz
There also might be deals with Target & Home Depot for parking lot systems...bigbizz
Moron..your right getting Secureview on store shelves is a big step...maybe the results of the catalog sales will tell Costco something...perhaps a test with twenty stores would be the way to go?? I do know shareholders would feel better if they could go into a retail store and buy a Secureview!!! I think we will see that happen soon...now that production problems have been solved..bigbizz
Doug...3rd quarter numbers coming soon..you should have held on a little longer...bigbizz
Moron...Secureview will be in the Costco Connection...Wal-mart is buying parking lot systems..deals with Target and Home Depot coming soon...deals with Unified Marine..they have 6000 dist. and supply K-mart...Sevu may have been a mom&pop...or should I say a Rich&Christy operation in the past...but this new team is doing a great job and we will see results soon...bigbizz
Madhatter..the new management team has made deals with Costco.. Wal-mart..Sports Authority..Skymall..Unified Marine..etc..etc..Secureview has been on Good Morning America..and Bloomberg radio..Popular Science/Mechanics..Readers Digest..etc..etc...and you call this a mom&pop operation...???? George has over 28 years experience in retail...Mike Ambler directed operations for 40 JCP outlet stores..our CFO comes from Price Waterhouse...not a bad team for a BB company!! You think we should call Bill Gates and see if he is interested??? bigbizz
Production costs are going down now Sevu can lower the retail price and gain market share...sounds ok to me..bigbizz
Shamus..George bought shares on the open market AND some PP shares.. it looks like he bought over 3 million shares on 10/05/01 and yet there were not that many shares traded in the open market that day..so the purchase must have been made in the PP...BUT HE PAID .51 A SHARE??? LOOKS like SEVU MUST HAVE CHANGED THE PP ??? Just my guess..any thoughts?? bigbizz
George paid .51 a share for 3,331,200 shares on the OPEN MARKET??? What about the .10 PP ?? Perhaps he didnt think that was fair?? Why wouldnt he just buy PP shares?? And if we now have 48,239,749 RESTRICTED shares something BIG must be going on...maybe another company is teaming up with Sevu?? Money to fill store shelves?? WE NEED A PR!!!! George did spend 1.7 MILLION.. any way you look at that its good...bigbizz
Will Sevu wait until the 15th for 3rd quarter results to come out ?? If so we have 332 hours to go!!! I just hope they are wanting to give investors a one two punch..higher sales AND a few big deals!! I remember Rich talking about a party at Sevu so I would think something good happened...of course a few people were having a party as the Titanic went down....Costco..Wal-mart..Target..Home Depot..Hagger..etc..etc..I think all is well at Sevu...Bigbizz
Bid .72 ask .75 volume 4100...and then we go to bid .74 ask .78 and the volume is still 4100???? Sevu goes up without anyone buying shares not many stocks can do that!!! Those silly market makers..I wonder whats next?? bigbizz
Dan..Michael Ambler is the COO at Sevu not the CFO...bigbizz
Supercircuits and others selling to the home market..Sevu working on parking lot systems and other business uses fof Secureview...not many companies have a product that can be sold to both markets!! Last night on T.V. there was a security guard checking under cars using a mirror on the end of a pole...it was clear if you had something to hide just put it in the middle of the car...there is a real need for VIC and I hope Sevu hasnt put it on the back burner while getting the parking lot system up and running....bigbizz
florhel..Supercircuits buys Secureview cameras from Sevu..Sevu may have helped with the cost of running the ads..or not. Sales seem to be good for Supercircuits so thats good for Sevu...bigbizz
Gotin..have you talked with Ann? It would really be bad for her if the suit gets tossed and Sevu countersues and she ends up paying Sevu!! I wonder if the plantiffs lawyers told her the average shareholder lawsuit is settled for .05 on the dollar lost..and after legal fees she wont get much..BUT...if they lose..Sevu could counter sue and she could lose bigtime..damages for bringing a bogus suit could be millions..just one link to A@P or another shorter and Sevu will win a countersuit...jmho..bigbizz
Secureview will be in the November Costco Connection..a B2B flier sent out to over 3.5 million businesses..I would think sales by Costco were good if they want to include it in their flier....bigbizz
I done bought a whole heap of these here Sevu shares..and ifin I'm right we be getin indoor plumbing real soon...bigbizz