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every single step this company has taken since day 1 has had a negative impact on shareholders.. duhhh!!!!! and a positive impact on insiders and friends.. PERIOD
The elustrious managment team at rim can verify this for you as an absolute bonified fact.
Posted by: halston
In reply to: None Date:7/23/2005 9:08:31 AM
Post #of 55136
Overview: New wheel i mean New Visual i meam rim semi is extremely (8 years) late in developing it's technology. To date they squandered 60+ million $$$$ attempting to develope a technology that allows data to be transmitted at greater speed and across extended distances over existing copper wire for more than 8 years with absolutely no positive results whatsoever. With this strategy, No one but company officers, insiders and friends have become exremely wealthy off the shareholders backs..
In the years since they started, various companies have met, surpased, and marketed products that virtually eliminate any need for NVEI or nvxe or rsmi to continue it's nonsense.
New Visual or nvxe or rsmi has been claiming it will market its undeveloped product (code-named cu@ocx i mean embarq i mean cupria i think) to leading global telecom equipment makers and service providers for over 5 years, helping them fill the gap between T1 and fiber for both business and consumer users. New Visual inmean new wheel imean rim semi is a public company traded on the Over-the-Counter Bulletin Board under the symbol NVEI nvxe or rsmi this month i think, and has constantly lost value for it's average shareholders.
They have received various financing packages, including their latest of 3.5 million known to the industry as death spiral financing. In all cases where financing was obtained, virtually none of the monies (per SeC fillings) have been spent on developing this untested, uproven technology called cu2ocx or Embarq or cupria this month i think. Instead the officers have awarded themselves millions in bonuses over the years when the company can't even pay their bills.
NVEI nvxe rsmi just hit yet another 52 week low of 2.1 cents, they have achieved new lows each and every year 5 years running. The death spiral financing package will cause tens of millions of shares to hit the market in the very very near future. they also have a market maker nite on their payroll...hmmmm
A reverse split a few years ago, 2 rounds ofdeath spiral financing to date. IF!! they manage to keep the doors open after tens of millions of shares hit the market from the 2nd death spiral financing package, they will undoubtedly attempt a second reverse split.
No company has ever recovered from such desperate measures.
Look out below...
this post is filled with with nothing but verifiable facts from the company itself.
it is a forgone comclusion, based on these facts, that the company started out as, and continues to be a bonified scam.
On the first r/s no member of management was subjected to losing 75% of their shares.
There were also other special people excluded.
Qualcom never did a reverse split and never had to engage in death spiral financing options.. Why??
They had an actual product....
I suggest you quit your job monitoring this board and post on the sight where the true suckers lie in wait for you to strip them of their money...
you will have to pardon me for not believing one word you type...
believe in rsmi's future..lol sell that crap somewhere else
How many of them are due to 2 death spiral financing packages and a 4:1 reverse split.
Out of those how many ever recovered..
ZZZEEERRROOOOOOO!!!!!!
Aproaching HALF A BILLION SHARES, what a wonderful mile stone for sharholders.
There is one logical answer.. But we are not allowed to accuse the supporters of any wrong doing. But we all know most of them would steal $$$ out of grandmas purse if it was left unattended.
The worst part is they are darn proud of it..
No, I am sure a percentage of you actually believe this company is on the up and up. Albeit a minute percentage.
More than likely that 18 wheeler is loaded with monies bilked from shareholders.
Afterall our management team has only diluted the stock by more than 1400%.
keep bragging about this company. All you are doing is showing yourself to be a cheap whore for a do nothing company (scam).
You are right about trucks. but I don't think rsmi will ever need anything bigger than a tiny match box truck to deliver what it produces.
What happened to the train and the rocket ship?
Seems like an 18 wheeler is ahuge step down..
One problem Gary... No one has a clue about this little puke of a company, because it's a scam.
It won't be funny when you are reminded of this post.
You also could have invested in a company that wants to produce a product.
But if you want to keep paying for lavish lifestyles and nothing else it's your business. That is all that has been produced in over 10 years.
Wanna bet on that?
Can you tell us what has changed since this post by you in august 06?
Posted by: GaryInPB
In reply to: WHP03 who wrote msg# 47659 Date:8/15/2006 9:31:48 PM
Post #of 54698
WHP,
I've been holding NVXE, NVEI, RSMI, for 7 years. Hoping, that what Ray & Company have been stating, will finally come to fruition. Yet, I get the feeling that even the "Faithful Longs" have been "Unloading" the past two days, uneasy about the "Supposed bright future". I'm beginning to think you and the "supposed bashers" have been right all along. ....I've been holding a bag of empty promises, and the bottom is about to fall out.
you have been in the front car of this gravy train for over ten years.
Sell it to someone else.
The company you support has never provided any proof whatsoever about what they claim to have accomplished. Why don't you lean on them for a change.
Conine.. posting about the negative behavior of this company and it's performance is not me being negative. They have run this company into the ground not me. They have diluted sharholder value not me.
The comapny is doing negative things. Pretending they aren't is much more harmful to your health.
Why is it ok to post support for this company and it's actions. saying the same things over and over again. revenue in 02 revenue in 03 revenue in 04 revenue in 05 revenue in 06.
But it's not ok to say, No revenue in 02 no revenue in 03 no revenue in 04 no revenue in 05 no revenue in 06.
The company has given shareholders nothing, not even one item to cheer about in the 6 years I have been a shareholder.
Sounds like you are just about sick of being scammed my management.
You will be on the right side of things by this time next year.
Over the holiday read all the pr's from day one and you may be done sooner and save yourself some dough.
The company imo is a bonified scam. I am not angry, I am hanging around watching how many folks don't care how they make their money, as long as they make it.
I will continue to make my money investing and gambling in companies that have some measure or character and ethics.
They did not tell us cu@ocx had been scrapped til six months after the fact.
They still have not told us that the 20% of the adaptive bs has been scrapped. Are we using it or not. I bet Not.
They still have not told us that embarf was scrapped. they said it was renamed, which i think is total bs.
These guys have developed and scrapped one holy grail after the other.
Their suite of software is literally filling up the trash barrel at the office.
Deception since inception is the bottom line here.
Rim is not getting any better from and investors standpoint.
Only a player sees this short term increase as a positive.
For folks who made an INVESTMENT, things look as grim and misleading as ever.
mcloud you have been with this company since well before any tech based product was the goal. Over ten years you have patiently waited for this company to produce even one saleable product.
that whole ten years the company changed direction completely umpteen times.
whatever the increase from said news in sp will be short lived. if you time it wrong you will end up a bagholder.
at least that is what has happened dozens of times with this company.
As others have noted, this is not an investment by any stretch of the imagination.
your right by_low, it is ludicrous to expect any measure of ethics and morals from businesses, and folks who invest in them.
As long as the crime continues folks should work to stop it.
If this were a legitimate company, that showed some measure of ethics, it would not be an issue.
Why don't we just walk away from a women being beaten by a man on the street?
Why dont we just walk away from someone we see abusing and elderly person?
it is only dispicable because this company is a scam. if it was a legitimate company it's a different story.
I don't know fred smith was paid or not... the 100k was the settlement to lawyers who weren't paid and sued nvei/rsmi
as you can see from others it matters not that this is ascam, it matters only that they make money.
Thats correct, fred smith agreed to some deal with nvei that included him never posting about nvei again. he has not been heard from as fred smith since.
No I was not, no one but fred smith was serverd and new visual and fred worked out an agreement that allowed this to continue to this day.
mostly because folks like you would rather invest more money in this scam than pool monies to retain a lawyer.
If fred smith hadn't agreed to nvei's settlement this would have been over years ago.
November 23, 2000
New Visual Entertainment Threatens a Cybersmear Lawsuit Against "50 John Doe Internet Bashers"
On December 7, New Visual Entertainment, Inc. issued a press release via Business Wire stating that it was announcing "its intent to file a complaint this week with the California Superior Court for defamation against 50 John Doe Internet bashers posting on a popular message board featuring the Company's stock. In association with the law firm of Arter & Hadden LLP, New Visual expects to act decisively to uncover the identity of those responsible for posting abusive, inaccurate and defamatory messages about the company".
I am extremely proud to have been named in that lawsuit excel.
I don't flip flop or flop flip based on wheather or not i am in or out like some on this board.
Making money on rsmi is for the managers, insiders and their friends, and 20 or 30 others out of 10,000 shareholders. those odds are for the birds.
All this company knows is failure for 10 years in a row.
let me know when 3m fails for ten straight years.