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On another mice nuts subject; last September 28, 2007 someone failed to cover (deliver) 274,625 shares (0.05)involved in a shorting of RSMI stock. Was it one of those nasty bashers, who shorted the stock and then bad mouthed it on this board? That was $13,731,25 then and now its $329.55, where has all that value gone? All these issues come and go, but Ray and Brad still get their check and bonuses each and every pay period. While the foundry is left waiting for that "FIRST" big order. The teleco's and the world wait for the breakthrough technology! Chipwa1
To blame anyone on this board for this stocks price problems is just plain silly. Ray and Brad's "deals" for funding are at the core of the selling. If I was going to make a stock buying decision, I would want to hear both sides of the story. Most minds are equipped with a analytical reasoning function called logic to make a prudent investment decision. This was a penny stock to begin with and now its a penny stock again, er, sub-penny. I believe this is the wild west territory of investments. Ray and Brad set the image for the company and "admit it", they have not done a good job. The SIL loan was a debacle and questionable. These sweetheart deals that benefit everybody but the small investors, or the company directly, (except Ray and maybe Brad), (IMHO). Salaries and bonuses hardly miss a beat, but money for producing shippable product never seems to be there. Come on, the mm and those loaning the company money have fixed the share price, not any bashers. Chipwa1
Almost 108 million shares trade, 20 million of it after the bell. Wow! Chipwa1
Someone almost doubled their money, 2.5 million shares at .0021. Chipwa1
Whose got those patents? Chipwa1
Speaking of being burned, UTEK may have. Chipwa1
That is a one month burn rate. Chipwa1
you can sell 3 billion shares for $330,000.00. Chipwa1
batman, your logic escapes me, I must be getting old. Chipwa1
Ah, this is honestly sad, what a shame. Chipwa1
That is $3.64 for your shares, you'll have to put in another $9.95 just to be able to take a loss at tax time. Chipwa1
batman r u still averaging down? Boy, if your right, your going to be a legend on this board. Chipwa1
The 5 million shares held by insiders which is worth $9,000.00. This should let the longs know whats important to Ray and Brad; salaries and bonuses. Thats their commitment to RSMI. Chipwa1
investorshub shows O/S 707 million shares and the float 702 million shares; goes to show the insiders mind set. Chipwa1
ARCA was on both side of the trading for the first time, then at 10:00 EST when 5,000,000 shares traded, they disappeared. Chipwa1
batman...I can't hear you...we're free falling. Chipwa1
batman. Tell me again why its smarter to average down and not wait for this stock to bottom before buying in? Chipwa1
batman...u da man. Chipwa1
A lot of shares going across at 0.002. Chipwa1
Mikey. I only see 52,312 shares shorted as of 5/30/08. Chipwa1
Tell me why Ray and Brad are not buying up shares at these fire sale prices. Also, why Jack Peckham, Walter Chen, PhD, Michael Propp PhD, David J. Graves PhD, David Tan and the rest of the rat pack are not buy a bigger position? Chipwa1
Touting this stock is premature and reckless. When I was learning to ride English saddle in Japan, I had a horse that was a stumbler, (those who know horses know what that is). At the corner of the large farming fields were these reservoirs that held human bodily waste for fertilizing the fields. This horse would start stumbling every time we came near one of these reservoirs. These tanks are the hurdles Chan is talking about. RSMI has never made it over any hurdles in ten years and they have fallen into far to many tanks. Get the horse back to barn before you buy the stock. Need to build something in volume and keep it in the field some length of time. Patience, maybe even Chinese patiences, before you buy. Chipwa1
Almost 26 million, I hope batman got his fill up of all those cheap shares. Chipwa1
Careful, in buying RSMI, someone said they put up the patents as collateral, so not much on the Balance Sheet. The Israeli's will charge an arm and a leg to get it out of hock. Chipwa1
batman. Did you steal froggy's magic twanger again, because thats the only why you could time buys and sells with this stock? Chipwa1
Five million shares just flew by, selling hot and heavy. Chipwa1
You go ARCA 10,000 at 0.0037. Chipwa1
What about batman and mahinui, they are still averaging down, right? Chipwa1
Major selling is at the gates, all longs man the trading trough, buy those shares, average down and glory will be yours. Chipwa1
The mm just took back trades equalling 2.5 million shares. volume adjusted back to 4 million. Whats going on? Chipwa1
ARCA is back at it after the market opening on the "ASK" side only. Haven't they heard about Cupria, the hugh technical break through and the billions in revenue coming? Chipwa1
mahinui. What you say might be accurate, "IF" all falls into place, except for one thing. A/S 4 billion. At 0.30 that would give RSMI a 1.2 billion capitalization. Not going to happen. Chipwa1
If Brad were to "exit stage left", that would mean Ray would have to reappear out of the closet again. I sure he would find another front pigeon quickly. Chipwa1
"IF" Cupria is the earth shaking technology its said to be "AND" its been shown to all major telecommunication providers in the world; Where are the orders? Two questionable P.O.'s to date! Brad doing demo seems a little unnecessary at a trade show! Priority number one would be having it designed in and installed in a major telco's equipment. Major revenues are not going to come from business units the size of EC. Chipwa1
I deal in mice nuts; ARCA is still at it, only mm at the "ask" and not at the "bid". MHO, they are dumping for an off-shore group. Chipwa1
Archipelago (ARCA) still only on the "ASK" side selling shares for someone. Chipwa1
I know there were delays, but I was referring to when they were pushed into doing the test. In the world of things my point was and is mice nuts. This whole story just gives me a sad feeling, most of it goes out to those who have last money of course. Chipwa1
For what it is worth department. I was told by Mike Shepperd at the time your referring to, that the test board had three parts missing and both Al and Mike wanted to wait for the parts. They were over ruled by Ray and Ivan; the test went forward. limited in scope by the missing parts. I tend to believe Mike because he had no reason to lie to me, because I had no involvement to the activity. Chipwa1
goldrusher. Thanks for the trip down memory lane (#69986). That was a great recap. Chipwa1
Of course Ray and Brad can show all the patience in the world, they receive a paycheck each and every pay period. The future looks bright for those two, because they have three billion more reasons to feel secure. For the investors, the pathway is littered broken dreams and empty pockets. Now longs, how can you chide those who complain far into the night and lament their loss of investment? The clue may be those few who remain at Ray and Brad's side (IMHO) may be in the queue for good short term investment tips. Chipwa1