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So then if YOUR assumptions are correct about Rim, Ray, Brad having no assets to go after,(and how do you know that is an accurate assumption) what was your post 73306 all about???
FYI, cases of this nature are taken on a contingency fee basis and thus, cost you no out of pocket expense, so long as you can convince them to take your case. According to you, that should be no problem. As for the time issue, the law firm does the discovery, depositions, subpoenas, record review, consulting with experts etc. You do not. It would have taken you ONE phone call to get this info.
Tell you what, I will give you or anyone who wants them, the names of several lawyers here in the bay area who generally take these types of cases. Call any one of them. Make your case. Put your "committee" together. Knock yourselves out.
Oh really, and what tangible thing have you done to prosecute this allegedly criminal operation besides whine/vent/blog endlessly here and anyplace else on the internet nobody with a real job has time to read?? Where's your civil lawsuit, man? With all the "proof" you have, why are Ray and Brad still walking around and not behind bars after 7 plus years of your griping? Damn, you've been ranting and raving sooo long, your statute of limitations has probably long since expired. Do you REALLY want justice or do you just want me to say what you want me to say??? Hey if you got hard evidence of fraud or criminal conduct and you can prove a case, I am right there behind you. My post was merely to make it clear that I feel pretty good about how I do things and who I am, and that your "judgment" on those issues really is 1)irrelevant and 2) wrong.
Why do a few of you here care about what the hell I think or what I am doing? By the way, not that it's anybody's business, but, I do not now, nor have I ever owned any warrants. Every so often I peek in here, and I always have several private or public posts to me, either "dancin on my grave", pounding their chests, bragging about being all knowing, or insulting me in one way or another, or otherwise taking great delight in my losing money. I made my investment. I lost a ton. I'm living with it. I debated at times to be sure. I never tried to convince one single person to buy this stock. I have a wonderful family and 3 great little children that I would die for and some very good friends. I do probably more charitable work and make more charitable donations (money and time)than I can afford,(and probably more than most) and YOU are going to "Judge" me??? I don't think so.
At this point all of your points are plausible. We can only wait and see how Swope turns out. All I know is I never met Cooper, nor did I see or hear of him showing up, let alone speak, at a shareholders meeting the past few years. Yes there is always the "behind the scenes" argument that could be made on his behalf. But then, as you point out, if you know what's going on and then you sell, purportedly because your pencil pushing bean counter gives you some mandate, it makes no sense. In this current climate, Cooper should have recognized that no matter the excuse, it's going to look bad. In my mind it was selfish and irresponsible, period. If I am at the helm of a company that hasn't delivered diddly yet to its' loyal shareholders and a company thoroughly embroiled in uncertainty, the last thing I do, as a man, as a professional is create CERTAIN havoc by selling for $6000, so I make my financial planner idiot happy. He owes every single shareholder at least that much! Seriously, with that kind of judgment, one wonders how the guy got anywhere. I am sorry, but that is bush league. Can you tell I am a little bent about this? As for the shareholders meeting, they haven't even announced one. I am almost certain I won't be asked to the dinner the night before. Not sure if I will attend the meeting yet.
First, let me say I agree. Cooper's selling, no matter how small the amount of shares or the reason, is not in my mind a good thing. I also agree with you and excel, goldy etc that it is a very real possibility that cooper sold because he doesn't forsee an uptake in the near future at a minimum. My posts explore another, less obvious, possibility, ie, that Cooper is and has been a clueless, absentee, do nothing, I've lent my name long enough board member who was finally told to take a walk. In any event, please don't interpret my posts to mean I don't see a red flag. And regardless of whether Cooper actually did anything or not as a Rim employee/bd member, his decision to sell, especially for such a paltry sum, really pisses me off.
Cooper showing integrity? How does your theory fit with Cooper's letter continuing to endorse Rim's future? If Cooper had "enough of these clowns" why write a letter to share with the shareholders at all?? Just sell and be done with it. Your assertion that Brad was "Cooper's boy" only fits with my point that Brad let him bow out gracefully eventhough Cooper wasn't getting anything done.
ALERT THE PRESS! I got half a compliment from Goldrusher!!!
No I wasn't Elder. I have no idea who the anonymous person is that Gubbins cited. However, today I wrote the comment after the article trying to encourage mr. Gubbins to try to get more info, for all concerned. I have nothing to hide, and don't need to be anonymous. Hope you are doing well.
That was genuinely funny. The "we can show you, but then we'll have to kill you" part.
I will chime in here. First, Goldy is correct. The article said nothing negative that isn't already in the filing, with the exception of the rather irresponsible quoting of a shareholder without identifying him/her. That really doesn't matter because whoever it was, has a right to that opinion. And the painful truth is, it has been a number of years that shareholders have been waiting. Second, Rim, I feel has an obligation to respond. They invited the press in with their press release and Rim should've anticipated that it only takes a circus monkey to look at the latest filing and write about it. So, in a strange way I am glad this article was written. Rim got what they wanted, dialogue about the company. Now they have to put up or shut up. This reporter has no inside knowledge, no hands on exposure to the tech, no cited contacts familiar with the tech so he's only following up on a story he wrote last week so he can fill his blog space for the week. He's gotta make a living too. As the saying goes, "any press is good press." Hopefully Mr. Gubbins schedules a sit down with Brad in the near future.
I'm glad at least one person does. Have a good weekend. I gotta go buy tires! So far, Rim hasn't cooperated with my plans to buy a new car.
Ummmm, who called you a basher? Whp, Spoke, cosmo...they have different viewpoints than me, I don't consider them bashers because they actually give reasoned explanations for their positions. People who come on here and just make smartass remarks and insults no matter what, without any insightfulness (if that's a word) are bashers. Easy does it there.
Well if that was his point, he didn't write it very well. He wrote that I talk out of both sides of my mouth, that I say one thing here and another there. I made one post in all of 2007. Second, I try to be as objective as possible, but yes I'm a shareholder so I may lean to the pro-side. I'm a bit more optimistic than some. Ophelia's statement was off base, though he will never own up to it. The only reason I posted that message there and not here was because I was responding to a post there, not here.
I appreciate the reply. I am not a class action attorney and lawyers who do not specialize are asking for trouble. Glad to hear about your wife's business. I actually defend healthcare providers, skilled nursing facilities, and residential care homes and home health practitioners. Doing it for 18 years now. That's a very demanding and compassionate profession and I commend your wife. (just in case, make sure she has liability insurance coverage...I had a client who didn't and it was a nightmare eventhough she did nothing wrong.)
Bill, sorry to disappoint but no alcohol or paranoia was involved. You have told us repeatedly that you work for 3M and that you are heavily involved in securing venture capital funding for startups. You have had at least some interest, if not investment in this sector. You have told us repeatedly that you visit the VC's on Sand Hill Road, located in Palo Alto, CA. (Very close to Stanford). I live in that area. Sunnyvale, where Phylogy (3M's partner)is headquartered, is literally 7-10 minutes down highway 280 from Sand Hill Road. Get on Phylogy's homepage and the 3M logo hits you right in the face. So, if you say you had no knowledge of Phylogy's existence, fine. But alcohol and paranoia??? I don't think so.
You're right Bill can speak for himself and now he may have to correct what you said, ie "the affiliation with 3M and Phylogy began in April of 2007." What you did was pull up the google reference and then clicked on the "3M release" icon, and saw a date of a press release of April 2007. So are you sure the affiliation "began" that very day??? I don't think so. Are you trying to tell me that 3M and Phylogy had no preliminary discussions, meetings, plans, board meetings, relationships whatsoever that predate the April 2007 press release?? I am sure you saw that Phylogy started in Sunnyvale, my backyard, in 2003. My guess is that 3M and Phylogy started on their path together sometime a lot closer to 2003 than 2007. As for your other comment, I have no doubt you and Bill are very intelligent. I also like the way you guys rally around each other at the drop of a hat. You will note however that the number of posts criticizing people like me FAR outnumber posts the other way around. Hell, goldy is here every single day and night! So I would like there to be some acknowledgment in return that some of us with a viewpoint other than yours may also have intelligence as well. Finally, roll your eyes all you want. You know darn well if one of the naysayers discovered today that I, for example, worked for telcordia or hellosoft, you guys would be all over that. Facts are facts. Bill works for 3M. 3M is a partner of Phylogy, a Company in the exact same marketplace. If I didn't google Phylogy after reading that interview, these facts would remain undisclosed. Yes, Bill has been grinding his axe for a long time. Ray told me his side of the story. I don't know who to believe so that cancels out. I will leave it at that.
Buddy, calm down. I don't know who you are and don't care to know. Not worth anymore of my time. So on ignore you go.
You see, I was thinking your post was a reasonable point of view up until the last part when, for no apparent reason, you disparage William Swope with the "Slick Willy" moniker. Have you met him? Have you heard him speak? Do you know anybody who knows him? Or do you just label people like that? So what you've done is take a perfectly reasonable post (even if I don't necessarily agree) and ruined it by showing clearly that you have an axe to grind and you are unwilling to accept ANY information or person that may lend credibility to Rim. By the way, I googled one of the potential competitor companies referenced in the Gubbins interview and guess what?? One of them (the one that starts with a P) is affiliated with guess who??? 3M! Imagine that. Um...dont you work for 3M, Bill??? I'm just a little curious why you never brought that up. You know, the fact that you are employed by 3M, a company affiliated with one of Rim's potential competitors in the same market. Seems to me there is an axe to grind AND a serious bias issue here. But I won't jump to any conclusions as I am sure you have an explanation.
You do realize that some time ago when I posted some info I received from a few engineers about rim, and didn't cite names and details, I was called a liar, fraud etc. So I won't ask you to breach that confidence but forgive me if I file that away in the "oh sure" category.
No; 12; maybe; no; no; i hate carrots; no; don't know; Thanks
No way they would give me that info. Because they know, if that person was named, 5 yahoos would be burning up the phonelines making that person's life hell for days on end. Think about it. Would you do that to your keynote speaker? I spoke to one of the ceo's at one of the phone companies identified. Let's just say he wished he'd kept his company name quiet a bit longer. You want me to conclude from that, it's all a fabrication??? Come on now! One more point, I have made it clear I have NO interest in what other folks do or who they trust. My opinions have no impact on anyone else.
Sorry, I was just about to edit that out when you already replied. Just giving you a hard time. I figure you can handle it. You have a sense of humor.
As Dana Carvey (Church Lady) would say, "Well, isn't that conveeeeenient." I am certain that email you received today which you cant's share, ever, holds the answers. So why not pm it to me, or email it to me?? I will heed your advice though about not putting any more money into this. I have more than my share already. I look forward to your email.
Why don't you call and identify yourself to the interviewer, Mr Gubbins, in that piece you reference (might want to use your real name), and perhaps to all those industry people referenced in the piece (who obviously have been keenly aware of rim) tell them of your lifelong interest and expertise in scams (and video games) and ask them why they are wasting their time talking about an obvious scam? Perhaps they can do a follow up piece interviewing you. You could cite all of your evidence that esilicon, telcordia, axellence, embarq, rim, Will Swope, Monroe telephone, Canby and a few others are all part of this complex scam and that everybody besides you and a few others here on ihub are too stupid to realize it?? If they don't hang up on you in the first 12 seconds, you could blow the roof off this thing!!!! Seriously, Rim has missed timelines and has challenges ahead and who knows what will happen... but scam?
My apologies. But I didn't start this one with the "Gollly Counselor" thing. You will note that I made one post in all of 2007. Probably one of the last posts I made to you was an apology. So, please don't put me in goldrusher's category just yet. But, I understand where you are coming from, Bill.
Well have fun ridiculing then, all the best to you.
Never doubted the authenticity of your photos, and I certainly don't know what they "smell" like. I've made my position about EC pretty clear. I'm just glad you were able to come to so many conclusions after a 20 minute visit to the parking lot/outside of a business park. Good work. I keep forgetting that you are the only person with experience in VC's and start ups.
You have already spent far too much time concerning yourself about me and what I am doing. Maybe if you spent a little less time being condescending toward people, you wouldn't have to get so defensive about your hobbies. Funny how you are able to routinely, every single day,(how many THOUSANDS of posts have you made??) take pot shots at people or "insinuate" that they are "sheep" or otherwise stupid because they have a different view than yours, yet you come apart over something like this.
Yeah sure, whatever you say.
As for EC, I have no idea what they are about. I'm certainly not excited about a $114K order. But not sure we can say they are defunct based on photos taken last friday. Also, I have been trying to remain objective, rather than a "defender" of Rim. EC is not a drive up consumer based type business. I used to go with my buddy all the time to his father's company and there was nobody there on a regular basis many times. My point is you can't make any judgments about EC based on pictures of a sign, a doorfront and a parking lot. What do I see as some of the POTENTIAL positives?? I know somebody at At&T who has heard of Rim, I know engineers who have looked at this, several phone companies are at least on record of having some involvement with rim, other companies like telcordia, axcellence, etc are on record as having some involvement with rim, Swope is now on the board and he wouldn't waste his time with a criminal operation as some have stated, other prominent industry people have spoken about rim, brad spoke at a recent conference with industry leaders (typically they don't let felons or frauds do that sort of thing). The negatives?? Things taking longer than expected. The share price. That about sums it up for me. I'm under water here too folks. Good luck to everyone.
Thanks for the pictures but what's your point? Did you get pictures of the barnlike garage that was HP?? I make this rare post simply because I have a buddy whose father owned Semigas Semiconductor Systems in San Jose (bought years ago by Matheson). They made gas purification systems for the semiconductor industry. Same exact set up almost when they started in the 80's. That company made bank, grew and were bought out and now the guy is a long retired multi millionaire. I just crack up at some of you who just get so wrankled about positive "circumstantial" stuff, but then reach some sort of euphoria when stuff like this is posted.
I don't have any thoughts on RSMI's progress because when I do get a reply from Brad or Ray, they are pretty tight lipped. I am just waiting for things to unfold and remain cautiously optimistic. Yes I expect revenue in 2008. Yes I'm going to be pissed off if there isn't any. I do not know Ken Chan. Beyond hoping he turns out to be right, I have no comment. I sure as hell didn't buy any shares based on his posts, just like I don't sell any based on what I read here from time to time. I've come to learn one thing, NOBODY on these boards really knows what the hell is going on one way or the other. So I sit and wait to see what develops. I wish everyone a happy healthy and prosperous 2008.
Wow, somebody told me there was some fireworks over here today. Whp, since you may frequent Sand Hill on occasion, did you ever check out Amici's pizza?
No. I couldn't go. Work got in the way. I haven't even seen this board for a long time. Hopeful one told me he posted his notes here, so I took a look.
Agreed. That about summarizes it for me.
Oh my Lord Bill, neither. Dominos or papa Murphy's?? Do they have an Amici's by you? If not, when you come to the Bay Area, try Amici's. There's one in SF, Mtn View and San Jose. Seriously, forget the stock, I hate to see people eat bad pizza.
What temper? You can see my "temper" through your monitor screen now?? Spoke got a few choice words because he deserved it as he got personal first. It's done now. Have a nice day.
I certainly agree with that last sentence.