Kind words noted and appreciated.

They are running out of time...

Obviously the stock price appreciation is due to the cleverly dishonest "pumping" on our board....:)

Fivestar, I'm mad as hell...I was transferring another $450 to get in more at .008, and now this disaster! Damn. I can't turn my back on SOLM for half a day, and all hell breaks lose. Completely unfair. :(

What is the significance of that?

If I can recap and refocus that comment, with the help of Ecclesiastes, it means that the rest of the world's ignorance is to the advantage of the swift....that is, anyone smart enough to see what Fivestar's post *might* mean for his or her investment strategy. The publicity will come. Take advantage of the moment. It won't last forever.

Cheers,

Ben

Fivestar,

Thanks for these posts. Its great to have a steady news feed documenting how SOLM's sales force is getting the word out and building liaisons with retailers in the maritime market.

Very nice.

Right.

Don't know. You want to try to find out?

No doubt that would be a good idea. Let's see what happens.

Cheers, Ben

I think SOLM management has been working on the affordability issue. We need to remember that with the relatively small number of units sold, we don't have great economies of scale...yet.

The more SOLM can ramp up sales and production, the more production cost can be slashed, and the greater the potential market share.

Good point, and with people like James Dunn on the board.

I agree, and for that reason let me extend a thanks to Kitty for continuing to change her mind. :)

Kitty, that's a jab, but a friendly one...I'm sure everyone here appreciates your efforts to keep us aware of the potential pitfalls. Its just that most of us, it would appear, continue to think that the reasons for being long outweigh other factors at this time.

Cheers

Ben

Solomon may have accomplished much in the last two years but the pps looks like the company went belly up. Thats how these BB-OTC companies function, They sell boat loads of shares to PIPE investors (who tank the stock) in hopes that the this blood money will lead the company to greatness."


Ok -- so let's look at how Solm's story fits, or doesn't fit, this pattern.

Most of those Pipe shares were floated to cover debts incurred throught the acquisition of Deltron and Technipower, right? If this is not right, someone please set me straight.

One of SOLM's biggest weaknesses in the period 2004-6 was its lack of revenues. It owned potentially significant intellectual property, but the significance of that property was diminished by the alleged theft of TOY. SOLM became known primarily for its litigation, and many held the view -- incorrect, I believe --that the company was little more than a "patent mill" engaged in spurious patent claims.

SOLM had some revenues -- and a *huge* level of interest -- from electric wheel sales to the maritime industry, plus the sanction of NASA and some pretty sophisticated tech investors. But management admitted that the relatively high cost of the electric wheel was slowing adoption of the technology in the maritime industry, and revenues were not generally living up to expectations after no deal was closed with TOY.


In 2006 SOLM's management broke that pattern by initiating a series of mergers and acquisitions. At least three were contemplated and two were actually closed. Suddenly revenues started to look a lot stronger.

But the ITC case was lost, financial markets started to freeze, and SOLM's market cap declined precipitously. Unless I'm missing something here -- which I could be -- for instance, proof of the nefarious motives of SOLM management, it looks to me like management did what it had to do to survive, covering the cost of some smart acquisitions at a time when other financing options were simply not available to them.

I certainly invite anyone to agree, disagree, or just post another perspective, as long as they don't just keep pumping about a threatening bush they've been staring at for the last two weeks, hoping the price will go lower....

Ok, I will now "pump":

Generally speaking consistency is a virtue. But being able to assess all elements of circumstantial evidence, and/or being prepared to modify one's theory when presented when new information, is better. Military recruits training on night duty are taught not to spend the whole evening staring at one bush, wondering if it is going to move. Its not a wise survival tactic.

[/pump off].

"This was a $1++ stock, and nothing has changed since that time, including the always existing option to bring a case in federal court..."

Kitty, this is a wildly inaccurate summary of what SOLM has accomplished over the past two years.

Kitty,

You start off by saying that you have "changed your mind," but nothing that you write indicates a changed mind at all.

Hi greanpea23--

I'm going to go out on a circumstantial limb and say that its my impression -- don't take it as gospel -- that an NDA must have been signed. I say this because of the fact that Solomon is suing for triple damages (hence the $10,000 figure), and its my impression that that can be done because there was an NDA. But that's only me reading between the lines, and if anyone has more definite information, it would be great if they could provide it.

Perhaps Fivestar have further information or clarification.

Nice opening today folks. Looks like .008 is a new support level. I bet those who are continuing to accumulate won't regret it. I may transfer some more $ and buy more myself.

Interesting. Thanks. Glad you got your bid even if you had to wait a bit for it.

Looks like you got one of the best deals of the day....:)

We're going to see a lot more of that as this goes on. I think a good reply might be to suggest that a smart TOY investor would stop complaining and hedge by buying SOLM. :)

Fivestar,


I'm sure that I speak for all in stating that your continued dd is very much appreciated. The precedent on why SOLM has a strong case for reopening in Federal district court despite the ITC is particularly intriguing and important. I hope all will take heed of what this implies for the success of SOLM's case.

Somebody lucked out. :)

The rising accumulation points to this happening here as well.....

Yup.

Good point.

If TOY wants to be smart and settle, I agree that's a win-win option.

Good morning, folks. Things definitely looking good.

Thanks for the clarification.

To me, .25 is a rational but low fair valuation, without a TOY coup. Let's wee how that progresses as we move into the spring, one step at a time.

Very good.

Has your thinking on this point changed?

Interesting finds, KnightHawk.

I wonder if this pattern of alleged and/or adjudicated patent violation is measurably more prominent for Toyota than other major auto manufacturers. If so, it would certainly demonstrate a cultural and legal problem with how Toyota approaches these issues which goes far beyon the SOLM case, and hence would tend circumstantially to strengthen SOLM's case -- though whether one can cite prior "bad acts" in court is a legal matter.

Thanks for the post Knighthawk. This Paice case was the one I recently mentioned. TOY appealed this all the way to the supreme court and lost.

So much for the myth of the omnipotent TOY.

Hopefully TOY will have learned from that that it is better to deal and cut their losses. Much more at stake this time.

Cheers,

Ben

lol. :)

You're welcome, Knighthawk. And welcome to all the new Boardmarks! We are up to 85 and adding daily now.

--Ben

Right. I think we will probably see a long run of those....I will take profits at intervals but never think of selling the majority of my holding until I see the trial outcome or TOY strikes a deal with SOLM.

Interesting read, indeed. I also like the website concept.

Good idea. Keep us posted.

But remember that officially the case may not be reopened until the Judge greenlights it, which happens in March.

Don't know how that works, technically, in the legal world.

Thanks.

Knighthawk,

TOY's claim will be something along the lines of "prior art" -- to show that all the components they assembled in their tech were available in other places than the SOLM patent.

Among other problems with this argument is the history of TOY's negotiations with SOLM. I may be wrong, but I don't think this history played much, if any, role in the ITC case. But the jury will hear all about it, and it will make any prior art defense sound pretty thin.

No doubt TOY tinkered with the SOLM tech to make it seem like their's was unique. But I don't think a jury, apprised of the history, will buy it.

Ben

Keep them coming. You are teaching us some new tricks of reading between the lines.

You read my mind. :)

For those wondering about what that CMF number means, grok this:

"Not only should the oscillator remain above zero, but it should also be able to increase and attain a certain level. The more positive the reading is, the more evidence of buying pressure and accumulation. This is usually a judgment call, based on prior levels for the oscillator, but a move above .10 would be significant enough to warrant a bullish signal. A reading above .25 would be an indication of strong buying pressure. You should consider prior levels of the indicator to be sure."

http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:chaikin_money_flow_c

We are at .601. :)