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"Extensive background in corporate films, commercials and full feature films"
Really? I couldn't find a thing on IMDB. And on the photos page. "These are some examples of our latest work". What work?
Who are you and how/why did you do this?
Shhhhhhhhh.....
IMO Frank's going to make much more money than what is currently obvious. This company was in a lot of trouble. Not only did he have the knowledge to fix what apparently was wrong with the software(one of few, I'm sure), but he poured his own resources into the company. And if it's true this task was taken on because of a friend, we can be pretty sure our interests are aligned with his. Note that Mr Reimer, who takes care of IR, is an Ants shareholder and has been involved for 20 years.
In light of that explanation I'd say they are his own
Ironridge does own shares, at least if they haven't sold them. They had done two deals(I believe it was debt they purchased from somebody else) before the canceled fund raiser.
I have never seen that 9.9% figure.
T, Manchester/JGB is a complete unknown until the filings come in. Their warrants were renegotiated, and then Ants defaulted when the notes came due at the beginning of this year. There was talk of trying to buy the notes by an investor group. Frankly, it's going to be impossible to figure out how all the shares are distributed until the filings are done.
And I should add, do you think the judges would have scored so highly for an innovation award, if there wasn't a need for it?
Yes, in Altons case "they see something" because he was Vice President of Research & Development at Ants. Though the product is improved at this point, he is fully aware of the market and potential. See his picture receiving the IBM award here.
http://antsblog.typepad.com/ants-software-blogs/page/3/
And scroll down to:
"We were VERY close: ANTs Software as Finalist on CTO Innovation Award"
By the way. They were the highest based on scoring from the individual judges
Remember, if this information is not in the form of a press release tomorrow the broader(good grief, I'm talking about Ants here) market will not be aware.
Anything is possible. Even if we go down tomorrow do not sell. Take out your stop loss orders.
"Mr. Dinsmore is actively engaging other members of the Technical Advisory Committee of the highest technical merit."
Does that sound to you like he is talking to other former members? Does to me. C'mon Don.
If we don't get to that price tomorrow, and I doubt we will, don't be disappointed. Until we have broad based revenue the potential for manipulation exists. Hang on, we'll get there. Sooner or later even without revenue being simultaneously booked the writing on the wall will become all too clear, but I don't think we're there yet. Hope I'm wrong
Information regarding the Navy contract. The other day I posted some information about 4Js with a link(which was the wrong one) that contained information about the ADS sale to them. Here is the right link.
http://www.4js.com/en/news/headline/2008/ants-software-and-four-js-sign-asset-purchase-agreement-for-ants-data-server
Here is the same paragraph I posted the other night. The date of this press is May 12 2008. Note the four years? And I don't think the ACS would have anything to do with this. Hmmm?
"As part of the multi-million dollar agreement, employees working on the ADS will join Four Js and current ADS customers will receive support from Four Js. Under the terms of the purchase, ANTs retains fifty percent of license and maintenance revenue from its reseller agreement with IBM® to supply the US Navy DDG1000 Destroyer program for a period of four years. ANTs will also retain unrestricted license rights to key ADS technologies that are utilized in the ANTs Compatibility Server. "
Here is the link that Buyants posted the other night about the DDG1000 contract.
http://www-03.ibm.com/press/us/en/pressrelease/20523.wss
I don't know. Your guess is as good as mine, but I'm absolutely sure they're not lying
People will have different feelings about yesterday needless to say, but I was very disappointed. Now with this CEO update it'll turn me into a manic depressive
From investing.businessweek.com
"Mr. Alton Dinsmore served as Vice President of Development of ANTs software, inc. until January 14, 2011. Mr. Dinsmore served as Vice President of Sales at ANTs software, Inc. He joined ANTs Software in 2005. Mr. Dinsmore has been instrumental on the development, field sales effort and proof of concepts (POCs) of ANTs’ flagship product, the ANTs Compatibility Server (ACS). Before joining ANTs Software, he spent nearly 17 years at Oracle working in many technical aspects. ..."
I like it. Bringing back an original member of the ACS team.
Now don't get me wrong here, but who needs the SEC files for proof this is no scam. LOL
Well don't trade. Stick some money in and forget about it
Now I see.
Can't say I notice the difference, but I clicked on management and under board of directors links to Linkin were there. Is this new? Look at Ric's smiling face. Is there a particular reason for that
Let me also say that the package the board put together for management in the event of a sale made me a little angry. Too much of looking out for themselves. I believe Frank will be different, although if he pulls this off he deserves far more compensation than is currently known.
Like I said, I'm not dismissing management problems. I don't know if I would characterize it as a "bug". At any rate yes, there was work being done on software issues that investors were informed about, but that info was vague. Look, Joe's not perfect, but he's also not the incompetent boob/criminal some on here seem to want to believe. He was VERY interested in making the ACS a success. It's possible he cut some corners during the design phase, but I doubt it. He's not dumb.
That's just the thing. It was going somewhere. Press releases aren't the only things that will prove that. IBM doesn't make commitments easily. I won't dismiss management problems, but according to Frank, the problem was technical, and there's pretty good evidence for that in his re-engineered software. I may never know exactly what happened. Doesn't matter now, and ultimately I might be better off for it as even with the massive dilution at the end my percentage ownership in the company is now substantially increased and the new ACS is, according to many including Don Haderle better than ever
Arggghhh!!! Every time I think about our history, and look at the blog it makes me crazy wondering how such a sure thing(obviously nothing in this world resembles that) could go so wrong.
Your postings about the ADS made me think of where I'd seen the connection to the ACS. Here it is.
https://www.google.com/search?q=database+migration&ie=UTF-8&oe=UTF-8&hl=en&client=safari#q=database+migration&hl=en&client=safari&tbo=d&ei=QtmZUJ7lNZKBrQHPpICAAw&start=20&sa=N&bav=on.2,or.r_gc.r_pw.&fp=ead2cf42b29267e8&bpcl=37643589&biw=1024&bih=672
And the pertinent paragraph.
"As part of the multi-million dollar agreement, employees working on the ADS will join Four Js and current ADS customers will receive support from Four Js. Under the terms of the purchase, ANTs retains fifty percent of license and maintenance revenue from its reseller agreement with IBM® to supply the US Navy DDG1000 Destroyer program for a period of four years. ANTs will also retain unrestricted license rights to key ADS technologies that are utilized in the ANTs Compatibility Server."
Unrestricted license rights to key ADS technologies that are utilized in the ANTS Compatibility Server. That line is what makes me wonder if some of Sullivan's intellectual property is utilized in the ACS. And it kinda jibes with what you were thinking. Sullivan or no, maybe something they had developed sparked an insight into how to go about developing database emulation software. At the very least, something got re-used.
This search is for database migration. Note all the tools and tutorials available for this. And bear in mind none of them are what Ants has. What this does is to show the demand for migration and the potential market for the ACS aka AAA. Ants doesn't migrate. It "translates". No expensive down time, no expensive re-writes. No fuss no muss
https://www.google.com/search?q=database+migration&ie=UTF-8&oe=UTF-8&hl=en&client=safari#q=database+migration&hl=en&client=safari&tbo=d&ei=QtmZUJ7lNZKBrQHPpICAAw&start=20&sa=N&bav=on.2,or.r_gc.r_pw.&fp=ead2cf42b29267e8&bpcl=37643589&biw=1024&bih=672
Hmmmmm, just like Surf. The insults, always with a degree of condescension hovering in the air. Maybe Buyants is right. Maybe Surf is already here. Doesn't matter though. No one can permanently talk a stock out of the direction she's meant to go. And the company will determine that. Keep your eye on the press releases and the CEO's corner.
LOL, say it ain't so.
Now I see a whole fleet of black helicopters. Where's the tin foil?
Speaking of our good buddy Surf, what's with this freaky Hawaiin connection. Surf with his alohas, Tiger's apparently from Hawaii, and when I checked some of Ironmans(get it) posts, I found him defending Surf. T-Master, please tell me you aren't part of this. Uh oh, just saw a black helicopter....gotta run.
Yes, I see. My conclusion has always been that the genesis for the ACS was the feedback they received from potential ADS clients regarding why they wouldn't sign up. Migration is not an easy problem to solve, but it is a well known one so why we were the first is still rather baffling. I once asked Ceasar Rojas if any of the Sullivan technology was incorporated into the ACS, and he said no, but I'm not totally convinced. I dunno. Just glad we're where we are with a frugal, highly intelligent leader. He will win big, but only if we win big. Not your typical pennystock game. Gut instict talking, but I think his compensation will be more than what is currently visible, and always tied to stock performance.
....yawn.....
Dude, you're one press release away from paying 5+ cents. Nobody takes you seriously. Flippers, which your posting history proves you are, will become very aggravated with this stock because it's not a borderline scam typical in pennyland which requires that sort of approach. Buy now or wait for news and be lucky to buy in the 4's during a pullback. Surely you're aware of the likely content of upcoming news? Hint, it's probably not going to be a downer.
Interesting. I've never heard(or don't remember) that. You're telling me they were working on an ACS type product specifically aimed to sell the ADS? So while designing it they said to themselves this can have a much bigger market than what we're translating to? It's an obvious solution if it can be effected which we did, and why Joe mentioned in a conference call one time that we had a three year head start on the big boys designing their own solution if they even do. Fat chance that they'll all come out with their own solution and probably even fatter chance it's as elegant as ours.
Buyants, this is somewhat academic, but I can't help it. I'm Ants obsessed. I have a bad case of ACD. I'm a little unclear on the transition point(ACS/ADS). 4Js bought and rebranded the ADS as Genero. Now they have had the time and money to develop this, but it isn't setting the world on fire. I always thought the biggest reason for it not selling well, although some information about Ric disputes that a little, was the time and money to do migrations. Why most companies out there are loath to change databases. Because of the time you're down and the money you have to throw at programmers. As you pointed out, going to a relative unknown with an uncertain future sure didn't help. What I'm really curious about is this line.
"They finally realized that in their efforts to process data going to other databases in the ANTS database, they had actually developed"
What exactly do you mean by that? If you're saying what I think you're saying, I'm unfamiliar with that story.
Since you've been posting misleading messages about Ants since at least 2010(check Yahoo) no, I would not believe you. It seems you might be ready to ride this up. I don't like your games and trying to deceive people, but I personally wish you no ill will. Enjoy the ride
My point in posting that story was first, that it's part of our history and kind of entertaining, but secondly, I wonder where Laurins, Merryman, and Dowdle are today, and how they feel about Ants. As far as I know Don's still involved with the company. Do you think they might ever post on a message board about Ants? Nah, couldn't be
Buyants, keep posting. You know more than I do. The more people understand the history here, the more intrigued they will become about the future prospects. The CFO name you were looking for is Dave Buckel. It's hard to know where to place blame for the financing difficulties. Apparentley the company never anticipated the software problems(not smart) and if things had gone as planned Fletcher would probably be the only institutional investor. The original terms were pretty good. And the enactment of the "down round" protective clause probably happened naturally, but....if Fletcher had anything to do with helping it along, Frank should do everything in his power to set it right. And I'm pretty sure Fletcher was considered before Dave came on board. I still really want to know exactly what went down in regards to the ACS's problems. How can a product get to the point of being inside IBM hardware, winning awards, IBM putting on road shows for the product, glowing comments by IBM bigwigs, and then about one years later it comes to a screeching halt because of some undetected problems??????
If you go way, way back some interesting history come to light. Chopp days.
http://www.secinfo.com/dV3p8.6hp.htm
"On May 9, 1986 the Company was advised that a class action suit had been
filed against the company for $400,000,000.00 by a shareholder. Subsequent
events determined that the action had been initiated by the accountant of an
ex-IRS attorney by the name of Alexandr Laurins. Mr. Laurins in association with
Lawrence Merryman, an attorney from Orange, California and Nash Dowdle, an oil
promoter from Midland, Texas had decided that the plans of Chopp to build a new
supercomputer were a pipe dream and in fact part of a stock scam. Unknown to the
company Mr. Laurins was already under investigation by the FBI and the SEC for
among other things, selling $150,000,000.00 of non-existent shipping containers
as tax shelters.
The class action mentioned above became the center-piece of an Investment
Advisory Letter, called the Durant Livermore Cutten & Bliss Report which was
mailed to all of the shareholders of the company whose names had been listed
with the SEC when the company had filed its SEC 12(g) exemption, as well as
brokers all over Canada and the U.S. The newsletter was in fact prepared and
distributed by Laurins from his office on Union Street in San Francisco, and was
filled with lies and mis-information about the Company. Laurins printed 10 or 11
issues up to June 30, 1986.
Laurins, Merryman & Dowdle had made illegal short sales of approximately
100,000 shares of the company for approximately $ 1.25 million, without
borrowing the shares to offset their short position. The stock price did not go
down as they had anticipated so they manufactured the bogus newsletter to help
things along. This all became apparent when the Secretary-Treasurer of the
company was approached and was advised by Mr. Dowdle that the matter could be
resolved if a meeting could be arranged between the Secretary-Treasurer and the
three conspirators. It took about three weeks to arrange for a meeting in San
Francisco to take place on June 26, 1986.
Once the meeting had been arranged the Company's attorney contacted the FBI
and arranged for the Secretary-Treasurer to be wired, but only after convincing
the FBI that the only purpose of the meeting was to attempt to extort the
100,000 shares that the three were illegally short. The meeting took place in
the Presidio where Laurins, Merryman and Dowdle did, in fact do exactly that.
The entire conversation was recorded and was the basis for the Company being
awarded a $30,000,000.00 RICO award, jointly and severally against the three
conspirators. Unfortunately the court system moved very slowly as the case did
not come to court to be resolved until September, 1990. The victory saved the
reputation of the Company, but legal fees ate up everything recovered to date. "
I know T is interested only in facts, so a clarification here. The early ACS had 2 working versions. 1 for Sybase to Oracle, and 1 for Sybase to IBM. In fact, IBM announced Ants partnership at their world conference in Rome several years back. We do have an agreement with Sybase but nothing to do with the above. In both cases of our previous product we were facilitating Oracle and IBM's taking of Sybase's business. I should add that by most information I could see, customers of Sybase were not very happy. That's why they were part of the first versions of the product.
Don't base anything off the 2011 revenue. I can't remember, but it's minimal at best. Potential is the word here, but not like the potential common in pennyland. Go to Ants website and read the old blog, going back a few years. Search Ants in combination with IBM, Sybase and others. It will soon become clear that this was/is a very real product. What happened? Well, as the ACS started making it's way into the marketplace, shareholders became aware that something wasn't right. Companies were signing on with the product in small implementations and test runs, but we heard of some software issues that needed attention. Then....silence. Late in that game there was a press release that Southern California Edison was using the product(and Frank says they still are, but we are receiving no revenue) but then again...silence, until it became apparent that Ants(cash strapped) was trying to sell itself. Thank heavens that didn't go through, and next in steps Frank who apparently had previously gone on a few sales calls with Joe at the behest of a personal friend. The way Frank tells it, there was finger pointing between Ants and IBM in regards to the problems, and you don't do that with IBM. Frank wasn't there, he is getting this from people who were. Well this type of problem is right up Franks alley(check his resume), and he re-designs the ACS, designated the AAA, that so far(the working version is not yet complete) has ignited no small amount of interest as well as convinced a very successful database salesman to sign on. This story is far from over.
"The huge opportunity was there IMO, they just fail to execute and run out of time and money."
No need for the IMO, the huge opportunity was there, and there's no reason to believe otherwise now even though the sale of Sybase to SAP may have impacted Ants and IBM's previous opportunity. Who knows, it may not. Somebody call Citi and see if they still want off Sybase. But, what we didn't have before, and we do now with the AAA is the ability to work with any two databases without the time and costs of coding specifically for....oh say from Microsoft to Oracle, it's ready to implement now(well, when the AAA is ready). Consolidation of databases makes life easier and saves a company money. If everything(most everything :) works as planned, there's no telling what can happen. One unfortunate outcome will probably be a certain amount of animosity as one company takes another companies business. Witness the Sybase evangelists blog that went after Ants when it became clear they and IBM were a very real threat. Could this be why the big boys have yet to develop a product like this? A product made specifically to steal their competitors business? Ants would be a buffer, where anyone could "play". Of course with Ants previous patents and Docs patent pending(I feel sure) additions, we may have the best solution locked up at this point.
I'm no expert in this area, but could it have something to do with the current fails-to-deliver data? There could be naked shorting occurring. I tried downloading the data from the SEC site, but the IPAD and Safari wouldn't let me.
You're obviously on the wrong board. Which stock are you talking about by the way? I like this kind of insider information, especially from anonymous internet posters