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You better be toughed skin to play in the world of OTC markets. Receiving an e-mail that was a might prickly is far better than hearing from legal consul.I don't understand how hurt feelings has anything to do with making money.I worked for a fortune 100 company in a past life and if someone had gone behind the CEO's back they would have found themselves in court before their head could spin. He was also one of the biggest jerks you would ever meet but knew how to make money.
Can you provide the link where the company stated that the Neurosync was the next best thing since white bread. I can only find where they said it would be the smallest BCI device in the world. Anything else is just fabrication. I thought we had cleared that up.
To be fair you are putting a lot of creditability behind someone else on the internet that agrees with your position. Everyone on this board has a personal agenda and embellishes information to suit their needs.I don't believe that someone would spend twenty four seven on this board out the goodness of their heart trying to keep total strangers from investing in MSI. In the end, if the company is successful and you have kept family from making money it's not Beau they are going to blame.
Sorry about getting too philosophical! Let's just get the race started on June 1st and see who win's. Both sides have good points but only time will tell who finishes first.
I don't think you can ever compare, mugging, murder or rape with winning or losing money in the stock market. It still comes down to people accepting responsibility for their own investments. And if they haven't done any Due Diligence why is that someone else's fault.No one holds a gun to an investors head and forces them to do something they don't want.
Better than that. What was the OTC company that about a year ago went from a penny to $17.00 in three days and didn't even have a product. The SEC got involved and shut it down but some people made a fortune and others lost the same.Thus your point of buying something without some Due Diligence.
Maybe your correct. The OTC companies don't have the corporate legal staff to fight the SEC like the big boys.I guess you could also throw in all the politicians in Washington who make money by supporting the the same dishonesty.
I wish that the SEC would do something about this, but they won't even go after the banks that almost destroyed our economy. Or how about the auto makers who knowingly installed faulty air bags. Their are victims in this case and they mostly did nothing.A PUMP and DUMP scheme is very low on their food chain.
The term insider trading is usually related to someone internally making money but can definitely be expanded to friends and family.The issue being that any information about Joe would have needed to be put out by the company. The contacting of Joe's company, which is not part of MSI, I'm sure set off bells and whistles.Agreed they seemed a bit prickly, but their past SEC issues probably make them extra cautious.I can attest to that information having spent many hours with our corporate lawyer in a past life.
Let's hope it's a slide of the number of Neurosyncs that have been pre-ordered!
I would guess they could still mention that Joe was instrumental in signing new contracts predating the time his contact ended.He could also be working as an unpaid consultant in that he probably has 135 million reasons for this company to succeed.Again, I only thing your issue was getting information that hadn't been made available to all shareholders.
The issue however, may be that his contract expired on May 14th? He could have established the distribution channels before that date, but it was not public information whether his contract was extended. If they had conveyed that to you and not the general public that would be considered inside trading information.
I have had several e-mails from the people at Neruosky and yes their apps are not that as advanced as Emotiv Epoc. Part of the issue may be the functionality of their EEG hardware. They did indicate that their are other
apps manufactures that work with their platform that are on par.They also provide free development tools for other developers to write their own and that is exactly what is happening internally.As far as the EPOC goes, why do you think they are coming out with Insight? The target market is wearables worn by many not Star Wars worm by a few Geeks.And nobody will know how the Neruosync works till they have a chance to try it with the proper apps.Everything else as they say is "SELECTIVE DUE DILIGENCE"
I'm sorry but look up the term Insider Trading. If they gave you information that was not formally released to everyone,that definitely would have the SEC looking.They might have handled the response a little less prickly but with a past SEC issue I can understand their concern.
I'm sure all this debating will go on til the end of June. Even when the Neyrosync arrives the bashers will say it didn't beam me up Scotty, it didn't cure the common cold, it didn't help me fly without a plane.You know all the same old garbage. They have never said that it would preform any function different from the Emotiv product. Only that it would be the smallest BCI unit in the industry. Nothing more. A wearable product for everyday use and not look like something from Star Wars!
I doubt we will ever see Joe promote the Neurosync. He is strictly in this for show me the money.Of course if you think about it, his 135 million shares even at a penny, is a pretty nice return on investment.
And what will we know if they do meet the deadline? I'm not sure the Neurosync arriving on June 30 will boost the price that much, but it will make them more credible.The key is how well it works and customer acceptance.In the long run I still believe their in this to be bought out.
Where are those nines you are talking about? It ended at .0016 today. And yes I would buy more at that price also.
Just remember everyone.June first is Monday and we are close to the finish line.The Neurosync should be delivered by the end of the month and hopefully we can leave the term SELECTIVE DUE DILIGENCE in the rear view mirror!
Thanks, and remember the target I expect that Joe is eyeing is a buyout for much more than a penny. Even if he is no longer a paid consultant he has 135 million reasons to help make this a winner.
That depends on how many shares someone has.I suspect anything over a penny will make people very happy and still only represent a core value of around 23 million. I've seen shell companies in Pinkland worth more than that.Plus,most Pinkland startup companies never bring a concept to reality.This one is doing just that, seriously!
Would rather be the richest person in the room! I suspect everyone is waiting for the Neurosync to arrive that some people said would never happen.
Billionaires very seldom make errors in judgement and that's why they are the one percent that control everything.
I would agree if this was your standard toxic note holder. In my DD of Joe it became quite evident that he spends a lot of time researching a company before getting involved. It has to meet his criteria for vision, focus and potential.You don't become a Billionaire by making bad decisions.So even if his company is not still not formally involved I'm pretty sure there are 135 million reasons to stay in the game. Making chump change on Toxic notes is probably not one of them.
I hope all of us make money on this stock and everything else we invest in. At the end of the day that's why we do this.I however believe that this will be a winner when the smoke clears.
Everybody needs to do some additional D.D. as it relates to Joe Abrams.He is strictly a behind the scenes guy.We may never know if he is still supporting the company but with 135 million shares you can bet that he wants them to succeed.He is a Billionaire who targets companies that have a similar focus and vision. That's good enough for me.
I do agree that the reply seemed a might harsh, but considering the past trouble with the SEC it makes sense. Anything that even has a whiff of insider trading could be considered a problem.
I prefer SELECTIVE DUE DILIGENCE!!
So the notes may be worth around 135 million shares. I expect that might be worth a little overtime this close to the finish line. Also in a press release someone posted yesterday he was still listing MSI on his list of clients.
So if you had a 200k note converted to millions of discounted shares you would walk away this close to the finish line.Trusting the Glimmer twins to finish the job correctly.I'm sure Joe didn't become a multi millionaire by making bad decisions.
It's good that you were able to look this term up on the computer. Now tell us how many fortune 500 companies have not crossed paths with the concept. The Auto makers air bag problem your just hearing about. The Bank problems that have been ongoing. The list goes on and on. Not saying the boys have been angels but compared to big business they are small fish.Fraud is the cornerstone of most markets to some degree. As quoted by Gordon Gecko in the movie Wallstreet, "Greed Is Good"
I agree about Joe Abrams. He is involved with numerous start up companies and isn't the spokesperson. Also, based on his history he seems to like to stay around till the jobs done and I doubt that he would leave this close to the finish line.It's funny how a group of people who have no interest in the company and hide behind their computers demand to be copied on every element of the business.Especially comparing that to the largest corporations in the world, the auto makers, that would never hide anything from their shareholders like airbags that don't work.
So you now work for a manufacturing company in China! How else would you know that there is no manufacturing started. As for the Asian/European marketing campaign it might be best to have distribution in place before you start marketing a product.They have announced Amazon India and US but nothing else. I'm sure Joe won't miss those additional opportunities.
Even though it sounds familiar I know they never made it to the testing phase. The concept might have been there but never saw a mock up prototype at that time. Probably didn't have the funds to develope a working model.Hopefully they will finally finish what they started in the next thirty days.
Not sure why it's been difficult to get a response but at least my questions got answered on a timely basis. My question involved whether the company was working on additional apps to work with the Neurosky platform. In the long run the money is in the applications not just the hardware.
For everyone that has had a difficult time getting a response from the company. Try the new contact form on the MSI website. I have heard back twice in the last day with questions that I had submitted.
I guess you could compare the fact that neither one has made a profit. That You Tube was started in a garage rather than an insurance office. That they both started with one or two employees. That you tube was a gimmick when it started. Finally check with Google to see how happy they are with the You Tube 1.65 Billion buyout. I would guess if MSI is still bleeding money after ten years like You Tube we will know.
You are correct that they haven't shown the Neurosync in a professional video yet. However, they said from beginning that the rollout of the product and the marketing will happen at the same time. If you know that it doesn't work it must be because you were part of the Beta test.When was that?
Better do some research my friend. Did you ever see their first video of the kid at the zoo. Also this world wide showcase has never made a profit and was bleeding money when they were bought out. I highly suspect that if they were still a stand alone company they would have been out of business.
Do you know how many people started you tube? Do you know where it worked out off just before being bought by Google for 1.65 Billion. The answer to the first question is two. The second is a garage.