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Excellent video. Very talented and high energy young women. Is there a backstory on this? Do you know any of the performers?
My daughter danced from age 3 through high school. It's amazing how hard these young people work to make something so difficult look easy.
Back to business. About the recent Sarasota "award", I am also tired of puff pieces. A PR such as this doesn't provide me with the kind of assurance I'm hoping for.
That must be some wedding his daughter is planning! When reading Dr. Sivananthan's response I couldn't help but think of Ralph Waldo Emerson's statement, "The louder he talked of his honor the faster we counted our spoons."
Sunovia is requesting financial statements as a shareholder and not as a partner. My question is whether Sunovia is requesting outstanding financial reports (2009 Q4 and 2010 Q1)? If so, a legitimate request in my opinion.
I feel Sunovia's concerns are well founded. EPIR's president has missed a significant deliverable while selling off shares. Doesn't pass the smell test.
Hopefully no malfeasance on EPIR's part. If there is then SUNV made a good catch.
I am posing this for discussion purposes. Do you think SUNV is looking for a way to get out of their agreement with EIPR? Do they have a new suitor they're more interested in?
There seems to be an effort on SUNV's part to publicize the legal action. The only legal requirement was an 8k. The PR was voluntary and there had to have been reasoning behind it. Possibly to offset potential customers inquiries as to why their partnership with EIPR seemed to be non-productive. Is SUNV shoring themselves up so to speak.
Is this as a buying opportunity to average down?
I remember an earlier post that reported Carl Smith telling a caller that Sunvoia's relationship with EIPR was rock solid. This recent development is both worrisome and tiresome.
There was something about the Cleveland deal on NPR. I wish I had listened more closely as my version may be distorted or inaccurate. Yes, I believe GE did "pitch a fit" and played the "local" card.
There was something else about the Chinese wanting a 10 year lock in on replacement lights at current bid prices and I believe the mayor(?) questioned this because history would indicate the lights will go down in price. My first question is if the bulbs have a 12+ year life what's the issue?
Again, I wish I had listened more closely. My initial reaction was that it was a GE fueled political smokescreen.
Disclaimer: IMHO.
It has been slow on this board. I'm still hoping to fill an order for more shares (I think I bid a little too low).
While I have nothing to substantiate my suspicion I believe that once they've relocated in June there may be some formal announcements about new contracts. Something has to be driving the need for more room and additional production staff.
While trying to be as objective as I possibly can I can only conclude that this is a good company with strong potential. So far their record indicates that their announcements are factual and not the all too common penny stock puffery.
Thanks colonel. Other things I find interesting are some of the people joining the organization. I expect their compensation is largely via shares. People willing to do this are typically the entrepreneur types who are good at building businesses rather than glory grabbing. They've also judged the potential.
I have a bid in for 14k more shares. Not sure if my bid will fly. May have to raise it.
"Buckster71", I agree with your assessment. This sounds like brilliant strategic planning on SUNV's part.
"Tmikey", you are correct sir! Getting on the GSA approved list is a big win.
IMO, SUNV is looking good.
Price per solar watt is dropping. I realize First Solar is a competitor but thought it interesting the the $1 per watt barrier has been broken.
After all these years I think solar energy production has fully arrived. This should bode well for EIPR high productivity panels.
http://www.fastcompany.com/mic/2010/profile/first-solar
"Aerobleu". Good find. I think this is interesting information. Any indication of who is hosting the site and who is paying the hosting fees? Do you have an opinion on who would have had to authorize the recent change to the home page?
'WiseEd'- Yup still with the stock. I put in an order for more @.10 last Friday. Didn't fill. I think I should take credit for the spike as this seems to happen to me far too often. :)
Seriously, I have a good feeling about this one. The fixture prices were lower than I anticipated.
And then there's the solar aspect....
"Giddyup1", thanks for the post. I particularly liked how the owner didn't mention any customer complaints about the light being "different". Bowling is an activity that requires a lot of focus and apparently no complaints about the lighting bothering them.
I had shown the newspaper pictures of the Sarasota hospital parking lot lighting to a co-worker who takes pride in being a skeptic. He questioned the photos as having been manipulated to exaggerate the improved lighting. I responded with "ErnieBilco's" pics. End of discussion.
Efficiency and reliability are important but consumer acceptance trumps everything.
My apologies in advance if this is old news.
On another discussion board there is a poster who, for the last year, has been spooking investors by claiming to have confidential information about a massive class action lawsuit against SUNV.
I decided to rebut his claims and came across the below information and link to a 10K filed by SUNV last November.
I confess to not having read all of it but on the off-hand chance anyone is interested I decided to pass it along.
******
From Sunovia 10K filing dated Nov 13, 2009 page 17 under "Legal Proceedings"
"From time to time, we may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. We are currently not aware of any such legal proceedings or claims that we believe will have, individually or in the aggregate, a material adverse affect on our business, financial condition or operating results.
None of our directors, officers or affiliates are involved in a proceeding adverse to our business or have a material interest adverse to our business."
Here's the link: www.faqs.org/sec-filings/091113/SUNOVIA-ENERGY-TECHNOLOGIES-INC_10-K/
And I think it is an exercise in self deception
Your position noted.
Good day.
I made no claims in my posts. I stated I believed that the recent patent activity was around maintenance activities rather than the issuance of new patents.
I later provided what I perceive to be evidence supporting my opinion that there are patent maintenance requirements.
I differ with your conjecture that - There are very limited requirements for the fee payer. as I believe that a notarized document identifying the maintenance payee as being an authorized correspondent of the patent holder is required to prior to paying maintenance fees on a patent. Many patent and\or legal firms serve as authorized correspondents for companies in the interest of protecting patents.
From the DDC PR - "DNA Diagnostics Center has an exclusive worldwide licensing agreement with DNAPrint Genomics to provide ancestry DNA testing."
Based on this information I am skeptical that a licensing agreement would include the authorization for the licensee to act as correspondent for said patents. If that were the case why wouldn't DDC state they purchased, owned, or controlled DNAPrints IP?
I believe the current effort underway is to organize what we are certain of, what we don't know, and, on an individual basis, determine whether we believe DNAP to be a viable opportunity.
Personally, I am impressed with "ptgames" organizational skills, curiosity, problem solving, and written skills.
Maintenance fees or renewal fees are fees that are paid to maintain a granted patent in force. Some patent laws require the payment of maintenance fees for pending patent applications. Not all patent laws require the payment of maintenance fees and different laws provide different regulations concerning not only the amount payable but also the regularity of the payments. In countries where maintenance fees are to be paid annually, they are sometimes called patent annuities.
Also mentioned on the USPTO website under Maintain Your Patent http://www.uspto.gov/patents/process/maintain.jsp
I should have added that I see any patent activity as a positive indication. I wasn't attempting to negate any earlier comments about patent activity.
I do not believe these to be new patents. I believe the announcements were updates about existing patents being maintained. If this is the case it involves expenditures. Someone appears to be maintaining the patents (DNAP IP). Probably as a condition of the royalty agreement with DDC (DNA Diagnostic Center).
"ptgame" - an addition to the list.
You are encouraged to believe this scenario because Sam and others found....
1. DNAG name was used on new site to sell ancestry products.
2. Updated website (found by ANN i believe).
3. DNAG has yet to be delisted
4. Recent notifications of DNAPrint patents being maintained (kept active).
Sweet! Thank you for finding and posting.
For many reasons I hope they use this money wisely and strictly for the intended purposes. My gut feel is that they will.
See #81346 & #81347 for some history on this document.
Now I get it. Thank you.
ptgame, I had more time to read your post on Friday evening. I appreciate your taking the effort to bring known facts and other items of interest to the forefront.
I had grown frustrated and became confused by unsupported negative posts. My feeling is that posts of this nature should be identified as being assumptions or speculation. Some were presented as facts.
Had Chicken Little stated, "I think the sky may be falling in." instead of saying, "The sky is falling in." he could have saved a lot of face in the long run.
I did what I thought was the natural thing to do. I asked for supporting evidence. Many of my posts requesting substantiation were deleted. I am now able to post inquisitive statements.
This has been a real learning experience. The recent trading frenzy was something to watch. I want no part of that. The event reminded me of a documentary on piranha fish I'd recently seen on TV.
My current strategy is to check-in every so often and see what unfolds. I'm in no hurry.
Thank you for your effort. You were of help to me.
I agree. Good post. Your approach to consolidating information at hand and your reasoning is appreciated and refreshing.
I posted - My question remains. If DNAP no longer exists then why did DDC announce to the world that they signed an agreement with DNAP Print
Genomics?
You replied - Because they wanted the world to know that they were marketing the exact same products that were already familiar to the limited market segment that they were pursuing.
They wanted them to know that it was the DNAPrint products. They were taking a few liberties with the truth, but not many. The license actually can be traced back to the pre-existing DNAPrint company even though the intermediaries are not named.
“They wanted them to know…” is rather vague. These sound like assumptions on your part. The act of presenting your assumptions in an authoritative manner does not increase their credibility.
Ask yourself this, If they had actually made a contract with DNAPrint Genomics and not just with the receivers of the technology, WHO signed the contract representing DNAP?
That is the million dollar question. I have asked myself this and do not know the answer. I came to this site hoping to find concrete answers. So far I haven't been successful.
I’m patient. I’ll remain long and strong with DNAG and see what unfolds.
Natures Way. I noticed a post by you "Member Mark Added" that was a reply to one of my posts and I'm not sure what that means.
Am curious, is that a good or bad thing? :)
Frog, I had posted:
"If your assumptions are accurate how do explain why on November 13, 2009 DDC announced, “Through an exclusive worldwide licensing agreement with DNA Print Genomics..” http://www.dnacenter.com/media/ddc-news-ancestry-testing.html
You responded without addressing the original question. I feel you tend to avoid direct questions through diversion. In this case you did not address the question and appeared to sidestep the question by belittling my usage of the word "facts".
My question remains. If DNAP no longer exists then why did DDC announce to the world that they signed an agreement with DNAP Print Genomics?
This particular discussion thread started with my posting curiosity to the group members about how a group of investors would benefit by having DNAG stock become worthless. I remain curious about other members speculation on this.
I like the idea of a heat tape. I'd leaped to the conclusion that any heating device would be left on all winter and negating any energy savings derived from the lighting. Thanks for pointing that out.
I took no offense to anything you said. If you are referring to your comment about LED traffic lights not melting snow I thought it was very relevant to recent issues in MN.
I now remember that after the big xmas snow we had record breaking cold with blowing snow. That could be why we had problems and Toronto didn't. I think Toronto may often be warmer than MN. But I'm not at all sure about that.
Speaking only for myself I took no offense whatsoever to any of your posts.
I felt like it was friendly banter among the members.
Here’s another puzzlement to me before I call it a day. You stated After management walked away and Dutchess foreclosed... Are not foreclosure proceedings against a publicly held corporation a public matter? I have not been able to find any record of a finalized foreclosure. Could you provide?
I'm confident I will have more questions forthcoming.
If your assumptions are accurate how do explain why on November 13, 2009 DDC announced, “Through an exclusive worldwide licensing agreement with DNA Print Genomics..”
Remember, when you use the word "facts" you need to be referring to public information. I'm not aware of anyone who has been able to source the basis for some of your facts. Myself included.
Example: Could you please substantiate the below?
I wrote, There are rumors of a private investment group having been formed....
You replied. Not rumors, facts.
In trying to think about DNAP objectively I began to wonder why it would be in anyone's interest to bankrupt DNAP.
It is a fact that an individual investor acquired approximately 200 million shares of DNAG.
There are rumors of a private investment group having been formed. On the premise that these group members own millions of shares wouldn’t this group be interested in reviving DNAP and preserving shareholder equity?
I am not aware of DNAP having declared bankruptcy. This would seem like the only option if there were successful back-breaking lawsuits against the company.
There has been recent patent activity reported.
DNAG is still trading.
If I remember correctly, it was reported on this board that someone had called Dutchess and were told that Dutchess is no longer affiliated with DNAP. If this is true, then Dutchess is not a part of the current equation.
Most telling is the fact that DDC announced their license agreement with DNAP. If the private investors were unscrupulous they could have made non-disclosure a part of the deal with DDC. I don't believe there was a legal obligation for DDC to release a PR announcing this.
The board members of DNAP resigned. This could explain the absence of a DNAP PR or SEC 8k filing.
The theory that private investors ran off with all the goods, are hiding out, and are leaving the shareholders holding an empty bag doesn’t resonate with me.
I’m just saying...
Interesting. I wonder what is different in Toronto. Sounds like a little international communication is warranted. We had heavy snows over xmas and local news was buzzing about accidents due to snow covered lights. Well, lights and many Minnesotans who have yet to master winter driving. But that's another issue.
About LED traffic lights and cold snowy weather. This has been creating problems up here in MN and WI. A recent news report stated that there were electric warmers that could be installed but that defeated the purpose of energy savings. Some cities are duct taping brushes to long poles and removing the snow. This has raised the issue of energy savings versus payroll.
I've not heard about snow affecting LED street lamps. It could be that there may not be many around or it hasn't been an issue.
My thoughts are that it doesn't snow everyday - contrary to what our southern friends may believe :). I favor occassional payroll expenditures as they stimulate the economy and we continue to enjoy the benefit of reduced environmental impact. In good conditions LEDs are more visible and thereby safer.
In outstate MN I am starting to see more LED regulatory signs (speed etc) that have a small solar panel on top and a battery pack at the base. I know of two that go so far at to advise you of your speed. Fully self contained. Cool!
There still seems to be a widespread underlying belief of "prove it" when it comes to alternative energy. Personally I get excited by new developments.
I'm holding onto the hope that EIPR got in on the fed dollars.
That's a bummer about FL being missed. Do you know where EIPR is located? I grasping at straws hoping they're based in a luckier state.
Wasn't EIPR awarded $9mm by the Fed in April for R&D?
I'm just coming up to speed on SUNV.
There seems to be a new bottom at 6. Wonder if it will hold.
Yeah, I think .08 is wiser. Probably why I'm reluctant. I tend to dwell too much on the ones that got away. :)
It sure is quiet lately. I guess I would prefer occasional solid press releases or news items versus a few companies I am aware of who do a PR seemingly every other day. They tend to lose credibility.
But it does beg the question why SUNV has been quiet for so long.
I'm thinking of buying another block at .10 if I can but am a little hinky about pulling the trigger.
Nature abhors a vacuum and will fill that vacuum with whatever it can. People tend to act the same way. A lack of information leads to speculation. The trouble is that when speculation is repeated often enough and loudly enough it becomes to be perceived as fact.
A human anomaly is that many people will always find a way to support their belief system. If new facts do not support their belief these facts are often dismissed as being part of some sort of conspiracy.
There is DNAP activity in the form of patent and licensing announcements. DNAP was marketing ancestry testing from their own website. DNAP ancestry is now being marketed by one of the world's leaders in DNA testing. These are facts. I regard that as progress.
I have not seen any factual information around anyone absconding with DNAP's intellectual property and leaving shareholder out in the cold.
DNAP didn't get into trouble overnight and any recovery will take time. Particularly if they're trying to do it right.
Stick to your guns "sam'. In the long run your convictions may well benefit you handsomely.