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One of the Top Nasdaq Shorts of 2015.
Everytime you believe it has bottomed out, SPDC Management does something even more stupid to take it down even lower. IMHO, it could be $.20 by end of month. Honestly, I hope I'm wrong. GLTU
How many chances does SPDC Management get?
Good question. It was just disgruntled GRAFF/SDVI stockholders before. As if that was not enough. Now they may face disgruntled SPDC shareholders as well. Like I said, it goes to the quality and transparency of Management.
Here's the thing.
Even without our lawsuit pending, these goys have too much occurring at the same time. If I was CEO I would have done a voluntary delisting for 6-9 months. But important, set a target date for trading to resume.
The thing is, once you drop below a buck potential deals dry up. It's probably too late now. It should have been done 6 months ago. This goes directly to the quality of Managent and their honesty with investors.
Part of the psychology behind today's Zisk filing
was an attempt to make the common shares appear more desirable. It's kinda late for that. If Graffiti wins, give me SPDC Preferred Stock; thank you very much. SPDC has a history of diluting common.
I recently noticed that the good doctor has appointed
John D. Thompson, Director of Marketing and Sales; at least so reports Linkedin. Just saying.
Highly unlikely is a $50 mil escrow account
held by SPDC and ready to turn over to Graffiti Entertainment if Graffiti wins. Good Luck with that. A viable alternative is a good batch of SPDC Preferred going to Graffiti Stockholders. Call it what you like. But let's see.
The problem is that
I don't see our possible partners dropping below $.50 without Suspended Trading as well. I might add even in the absence of any final lawsuit settlement with us. Up to now SEC officials have been more than patient, JMHO. What a game of chicken! Risky Indeed,
Admittably that sign in the window
was ambiguous. Did we actually acquire some firm or did we just assist in the merger of two foreign firms for legal fee or tiny equity stake? It's about time for a quarterly update Dr. Frank. Maybe we can learn the total number of RDI stockholders or something. GLTA
Dr. Frank was most likely last seen
in Dublin last month receiving a Fellowship Award from the prestigious Irish Computer Society for distinction in the world of IT.
BTW guys, I thought I was the most likely Dr. Frank. Do I have to appear in person to receive my trophy? LOL
Hope the company website gets updated soon. Maybe just an update on our valuation, even.
No confirmation of real change at the top yet.
Let's give it another month. JMHO
Interesting restructuring in play.
Maybe that Directors purge you wished for. Maybe...
Everyone here is waiting for SPDC to bottom out
which could happen. If it does and Graffiti wins its lawsuit, maybe Graffiti will throw us a few crumbs. GLTY
Hoping for some news after hours.
It does appear to be a SDVI and SPDC code of silence. GLTU
A webinar would have been nice
if they really cared about the little man. It asks more questions than answers.
Seems like lower lows again.
People are going to get really upset if they find the deal reached is the same one we could have had a year ago or even further back. Over this pass year other competitors for E-commerce forged ahead. Time is your enemy. I'm betting SPDC $.50 by April. JMHO
So true. There is the danger of
trading being halted temporarily for the SPDC Commons at these numbers until the dust settles. Not a good thing if they are seriously engaging in partnering and re-structuring. I'm worried as well.
The thing is it only works if
Graffiti Entertainment shareholders get Preferred SPDC stock, not the lousy Common that is easy to dilute. It will probably be Restricted for 6-12 months too. It will take that much time for current SPDC re-structuring to set-in anyway even if Graffiti Entertainment lost its lawsuit. JMHO
What this really needs is a White Knight,
It needs a NAME with deep pockets to step in, buy up a lot of SPDC and re-establish PPS. Otherwise this could actually see $.50 by end of month, IMHO. Of course a settlement with Graffiti Entertainment for SPDC stock might possibly have the same positive effect.
I hope so.
My fear is something I mentioned earlier. If it falls much lower, deals or debt arrangements may have to be renegotiated based on current PPS. GLTY
Looks like a nice fake-out guys.
More like a slow slide than a bounce, IMHO. $.50 or $.60 is a possibility. Who knows?
Greed works both ways.
There is the prevailing assumption that SDVI Management will work out the best settlement for GRAFF, SDVI and SPDC, and not just one that favors SDVI Management and fires any valuable talent SPDC might have. Too much bad blood, we all lose.
Well put. But if I were doing it
I wouldn't cut it too close. Maybe .70 or .60 max. We don't need a halt in trading. Nobody wins. At the bottom, hold a shareholders conference call to assure stockholders the worst is past. They should announce that cc now and quit fooling around.
Thanks, your post was a good read.
Nothing personal but I won't be posting again until May; until then consider this, which IMHO is the untold story. My question is not what they've done but why they've done it? Our American corporations are under siege. Our scientists are determined still not to let our advanced technology fall into the hands of unfriendly foreign competitors My take is that our intelligence community has given GTSM carte Blanche over several decades now.
In short, there is no way GTSM could have survived over the years without Government partnering, coordination and oversight. Brigham Young University also added another layer of oversight and scrutiny.
The facts are Worth Porter and son Worth Clinton, age 53, died a month apart in 2011 under suspicious circumstances. Then Biill Tunnell passes. So if GTSM now remains private, I can partly understand Dr. Frank's reasoning and foresight. On the surface it appears he is living out statutes of limitation but I sense there is more to it than that here. He is simply honoring the Allred memory. GLTY
New bottom. It don't look good.
Can SPDC actually hold above a buck? They need to settle or at least make a public offer to settle at X amount. Even if Graffitti does not agree, it might stabilize SPDC PPS. Appeal directly to the SDVI/GRAFF stockholders. Get the discussion going. JMHO, without judging either side.
Old habits die hard.
The late Worth Allred conducted Galtech Semiconductor as a think tank, a quasi government facility. Scientific breakthroughs were made, patterns approved, however achievements only passed on to the intelligence community, IMHO.
The mantle has now effectively been passed on to Frank N. Kautzmann. However, it is unclear if things are any different. Will GTSM stockholders ever really benefit from any product line? It is even unclear if GTSM will ever go public now or 10 years from now. Finally, it is unclear if the Government will release our RDI from its commission assuming I'm correct. Just my afterthoughts over the years, take it or leave it. GLTA
Roger that! We are right where we should be,
I like the new price. Let's just sit here just slightly above a buck until our settlement comes through. GLTA
Interesting development.
I wish they did today's prespectus 2 weeks ago when they were actually around $2.47. We'll soon see what this all means. JMHO
See this is what I was afraid of.
If SPDC falls below a buck it creates more uncertainity. Greed kills, spite kills. I hope there has actually been a meeting of the minds. Something before this weekend. GLTA
Don't like the idea of SPDC
falling below a dollar. That creates its own set of problems. I personally thought it would hold at $1.30 today. Deals become undone, new deals falter. Not to mention prying regulator eyes. I hope this is all resolved by the weekend. GLTY
Nothing. It would be nice if
SPDC gave some guidance price wise for their stock absent any SDVI settlement. Even I thought $1.30 would hold today. They should let everyone know what the new norm is. It's only fair all around. GLTA
It's hard to restructure SPDC with this
huge lawsuit hanging out there. I just want us all to be patient and play our cards right. I'm all for Alternative Disputes Resolution. SPDC could be a $20 stock down the road. GLTA
You don't want to overplay your hand.
That is why I've been pushing for letting SPDC new business model and product line evolve and us taking a nice chunk of Restrcted Stock, guaranteed tradable in say 12 months. Why settle for half a loaf? I really like the Speed Commerce evolution. At this point, what's another year? JMHO
Should trigger much after hours news/commentary.
Maybe tomorrow's the day. GLTA
Coming up on a new RDI window sign change.
Just a premonition, sorry if I'm wrong. GLTA
There's nothing you can know that isn't known
Nothing you can see that isn't shown.
Nothing I can say but ... The Beatles
Good Luck Brother!
Something brewing says new sign in RDI window.
I was wondering when the medical backgrounds of Fritz Meyer and Christine Chiaramonte wound become relevant. All speculation of course.
I partially agree with you. For once I would like to see in Letter to Shareholders, RDI Management confirm or deny all previously announced mergers or acquisitions over the last 10 years. In fairness to all let's make a clean slate, good news or bad. Tell all stockholders how current SS is arrived at. Let's see that prior to any more proposed or anticipated M&A. Sure, we're now a private company, but we weren't always that way.
Upon stating those official facts, a window sign once a month or less is fine with me. GLTY
Tensions are high. Most of us have been here
over 5 years for some resolution of lawsuit. I like the idea that SPDC has some attractive suitors or match ups like PFSWeb. IMHO the higher the valuation of SPDC, the higher their payout on positive settlement. That includes you SDVI guys too. Of course we could always loose by forces unknown or factors yet revealed. However, I remain optimistic that sometime 2015 all comes together. GLTA
Lol. I just have a premonition that
a new company valuation will soon be posted on website. One slightly higher. For one thing, the recent volatility in commodity markets bodes well for that E-mini Trading thingy. Maybe they've even improved upon it.
I'm not a spokesperson. I'm just sitting here like you waiting on news. Til then ...
"Diligently working behind the scenes" sign gone.
I really liked that one. Hoping they bring it back together with an Updated Company Valuation. GLTA
So what happens Monday?
Are we trading at these levels until news? It's interesting that SDVI management hasn't voluntarily delisted until news. GLTY