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Not sure it is related however....
I got an email this morning on new job posts for Softnet Technology from indeed.com.
The company name was Softnet Consulting in Jersey City NJ
Six new jobs for infrastructure architects. Specifies URGENT NEED!
Can't tell if this is a related company or not. However I set up a alert to send me email for jobs at Softnet Technology and they sent me an alert for these jobs. Historically, I had only got the alerts for the those jobs that have been out there forever from he original softnet.
I choose to beleive it is the same entity!
Been gone AWHILE. What's going on here?
That "last huge run" was due only to the fraudulent website. this stock has not had a legitimate run of any kind in 2+ years.
I've been setting on my shares through all of this.......how many of us are left? Seems like mostly new posters on the forum. Ironically I signed up way back for job updates from indeed.com for SOFN. Everymonth I get an email that new jobs are posted for Softnet.....it's the same old NJ jobs that were posted over 2 years ago. Indeed sends out emails like they are new every month.
Strange though, as the indeed.com indicates thats those listings are pay listings.....who's paying for them? I am relatively certain that SOFN has no officers left, or office, or existance of any kind but those listings keep getting renewed. I'm definitely not reading anything into that, but it is strange.
I am inclined to agree. The jobs on itjobs appeared month after month for about 6 months. I actually beleive that they were posted originally as legitimate openings. I am guessing they auto renewed even after Softnet went belly up.
But for some reason those posting reurfaced as new postings this month.....the locations are old softnet locations that we know don't exist anymore. Particularly Dallas.....I emailed an individual who had worked in Dallas and he informed me that that office was long gone and closed.
So.....I am guessing those postings were either dredged up by itjobs to fill their pages, or someone has posted the jobs in an effort to make Softnet look active.....like the accenture fraudster.
Either way, like everyone else I am holding on....sometimes feeling like a fool, because my gut feeling is that this is a dead issue .....BUT, as so many have said the pinks are like the lottery....we are hoping to hit the big one and hesitant to let go of the potential!
I got an email today from indeed.com about two "new" jobs posted for Softnet Technology in Piscataway New Jersey. WTF is going on here. I am on the bandwagon of those who think that SOFN no longer exists.....BUT somebody is posting these notices. Of course it could be the same people who posted the phony website......who knows!
I am still out here, patiently waiting, in on freebies. I am highly skeptical, but like all of us, I'm gambling that Goett is going to miraculously rise from the ashes that once was softnet and make us all rich......
Here 's the content of the email:
Date: Thursday, January 7, 2010 4:41 AM
From: Indeed Job Alert <alert@indeed.com>
To: XXXXXXXXXXXX
Subject: Softnet Technology jobs in Piscataway NJ from Indeed
--------------------------------------------------------------------------------
Indeed Daily Job Alert
Softnet Technology jobs in Piscataway, NJ
Edit job alert - View jobs: since yesterday - for last 7 days - all jobs
--------------------------------------------------------------------------------
2 new jobs found
Hardware Engineer/ C++/ Linux/ Unix
SoftNet Technology Corp. - Piscataway, NJ
Work experience requirements: ** C / C++ languages (required... Perl or similar scripting language (highly desired... Linux/Unix/Windows Operating...
From iitjobs - 11:47 AM - save job, email, block, more...
Software Engineer - C/C++
SoftNet Technology Corp. - Piscataway, NJ
Job dsecription --Research and Development department are in need of an experienced Software Engineer to design, develop and test software for our SSL VPN...
From iitjobs - 11:47 AM - save job, email, block, more...
View jobs: since yesterday - for last 7 days - all jobs
--------------------------------------------------------------------------------
Cancel this Job Alert
Edit this Job Alert
Create a new Job Alert
Indeed - one search. all jobs.
--------------------------------------------------------------------------------
©1997-2006 Openwave Systems Inc. All rights reserved.
The phone number works.....and it does have voicemail.....but it is not Softnet. It is a voicemail for some unrelated company. I assume they have given up the number and tyhe phone company has reassigned.
That is late May of 2007, not this year!!!
I don't think this is the same company......however they do have the same webhost as softnettech.us which is owned by Dennis Goett.
Gabe:
I think your post is one fo the most encouraging we have heard in a while. Particularly in Goett's resposne to your question "So there is a PR in the works?"
If there was nothing going on I beleive he would have just given his standard silence response, but if he said "we are trying to get everything together" as you state, that indicates that something is coming IMO.
Also, by stating that he couldn't give personal info about board members, that idicates to me that the BOD is still intact and communicating.
Thanks for the great post. This doesn;t constitute news, but in my opnion IT'S CLOSE! I am encouraged again.
No offense, but I don't see how you can think something is up with Avanade! As was vigorously discussed earlier - even though it took a day or so - it appears now that the web host of the site removed all traces of softnet from the server. Even the image has now been deleted. That would indicate to me that there was "wrong doing". Granted I still think it was a hijack situation. I don't believe Softnet perpetrated the fraud, but I beleive it was fraud nonetheless.
I too am hanging my hopes on Goett! Not sure anytihng is going on yet, but I think the company does still exist, even if it exists only on paper in "Goett's World". But these guys are players - companies come and go and come back again.
What about Inspara? I am still not sure I understand everything about them....granted Kevin Holt came over from Inspara, but so did almost all o fthe top players at that time.....including Jim Booth I beleive. Inspara near as I can tell still belongs to Softnet. Inspara still has a web site but little else is known.
Are they not still wholly owned by Softnet?
They operate another company in San Diego called Carbonpixel. They state thy are an "Inspara COmpany"
I tihnk if Softnet comes back, it will come back through Inspara, not Avanade.
Everybody by now knew that happened. My concern in the email was the statement that this individual left "when things were looking really, really bad."
And now that Dallas office no longer exists.....
If Goett is going to turn this thing around, I beleive it is safe to say he is turning it around from the ashes of it's former self. I honestly beleive they are not a functioning entity right now.
I have been going through internet resources and emailing anybody I can find who worked for Softnet. I did get a response today. Content follows:
"I worked there for almost a year and left as the CIO (Former CEO) was being indicted for stock fraud. If they are still in existence, I would not think that it would be a wise investment given their track record. This is not coming from a bitter employee, just someone who left when things were looking really, really bad. I worked out of a 3 man satellite office in Dallas, TX while these things were going on in Iselin, NJ, so much of this was kept secret."
Other than acknowledgement from the webhost or the domain owner there is really no way to know why the site was removed.
how about
Stock Forever Not There
That is not necessarily true... it could have changed hands 10 times....and the new owners did not change the whois info.
I guarantee that I can set up a hosting account with a domain hosted in your name and have a website out there in the next 12 hours. WHOIS INFO MEANS NOTHING.
you dont know the website is fake
No, but I hope it was, because the way it was handled, the design, and the choice of host was a hideous way to do business! I don't want to associate my self with a company that would put that site up there.
the extension /index.html is whats used as the second page of website that is accesed by the .com portion
the reason two different pages come up from the domain is that the index.html page was forward to a different server....a very unusual practice. Common to hackers.
a standard employee is not in a position to know if these things are going on and just could be reading what they are told to say and no it would not be misleading since there is no offical announcement anythng else they say could be inside information
Agreed! That is why they would "decline to comment" not provide a confirmation to a question. C'mon! Common sense!
the phone number published isnt working but it is also not getting a disconect message(honestly it sounds like the number is pointed over a PRI to a PBX and is not defined)
there is a number that belongs to softnet that was on their old website that does ring to voicemail numbers are still in service
Bottom line....no real people available. No office exists, no clients found.
people on this board have been in touch with the 2 different webhost of softnet and they have confirmed that it is there website and is being paid for
Nowhere have i seen confirmation the websites are owned by Softnet. I guarantee that I can set up a hosting account with a domain hosted in your name and have a website out there in the next 12 hours.
avanade stopped filing its SEC like sofn and is in default with their INC status as well
Proves what?
I AM STILL PRO SOFTNET! BUT.....
Compnies do indeed remain quiet....but when they do they will normally refuse to comment, or acknowledge that they can't disclose anything. BUT, when they state emphatically that "there is no relationship between the companies" that goes beyond remaining silent. If you didn;t speak to Avanade you shouldn't try to interpret their response.
I personally have been hesitant to use the word scam....BUT at this point, (sorry for all you merger touters) it is safe to say the website was a scam....most likely loaded by someone completely unrelated to either company. I don't believe it was an attempt by Softnet to mislead, but an outside party.
It is my belieif that the domain softnettechnology.com no longer even belongs to the company. The whois info is not reliable. Softnet stopped using that particular domain a couple of years ago. I belevie they let it go and someone else bought it and never changed the whois info. I belive it also possible that the softnettc.com domain is not longer associated with the company either.
Let's drop that incident and go forward. We are realistically where we were a few days ago.....owning stock in a company that has dropped off the face of the earth.
Steve, I agree! Someone needs to pay. I never really blieved in the website anyway....too many uncertainties for that to be real. Nobody else will do it so I will commend you on your posts on this board.
You sincerely reported what was factual....the fact that nobody would listen was not your fault.
I chose to hold my shares for a while and see what happens. I still beleive there may be a future here...although right now there is absolutely no reason to beleive that!
I challenged people earlier to post confirmed facts about softnet and so far nothing has been posted other than Dennis Goett association with the entity.
I really want to beleive in this stock ......SOMEBODY HELP ME OUT!
Curious to hear what the "spin doctors" have to say now....
How does the fact that the webpage is now down support the merger, acquisition, takeoever position?
Can we now accept that there is NO arrangement between Softnet and Avanade?
Let's put this nasty couple of days behind us and move forward from here.....
How about a series of posts that are fact based items that we know about Softnet, not based on inuendo and rumor, but hard facts....
FACT: Dennis Goett is still on the Board of Directors.
CONFIRMATION: Mr. Goett confirms his associaition with Softnet.
Others???
Entertaining to say the least! LOL! I have been here for a long time and have no intentions of leaving until we are RICH or busted......
I would just like to see posts limited to facts.
As for why the website is not down, there is a VERY logical explanation for whay that could happen. I won't go into that here because I will only be slammed....and I am not certain that it is correct.
I would only caution that you SHOULD NOT use the logic that "it must be ok, because Avanade hasn't forced the site to be removed." That is bad logic. Also it should be noted that Avanade hosts every other site of every company associated with them on the SAME in house server. If they were bringing in Softnet it would have been a very easy matter for them to host the Softnet site on their server as well. A company the size of Avanade would not put one of their sites on a virtual, public, server.
I still beleive Softnet has a future somewhere.....but it is not Avanade!
I think in the interest of fairness we should post what is the facts. I am also still holding my shares and still believe that something is going on.....but am also fairly certain it does not include Avanade.
The FACTS are:
1. Avanade and Softnet both deny these is a relationship between the two entities. This is CONFIRMED by Dennis Goett and AVANADE.
2. The website is still up....CONFIRMED
3. Whois ownership of the website is still Softnet. However, the contact people are all no longer associated with Softnet.
4. Softnet is delinquent in all aspects of their filings with the SEC and the State of Nevada.
5. The last website address used by Softnet is still "Down for Maintenance"
6. No official word form the company in several months.
There are others but all of these FACTS are CONFIRMED. Everyone should do their own DD and make educated decisions based on their own willingness to assume risks. Personally I am hanging in there with SOFN. I believe there is a future here!!
I think we should be fair in ALL postings. It is not fair to call posts we don't like disinformation just because we don't like the content. The information form Avanade is confirmed by several including myself.
To perpetuate that Avanade is in a partnership with Softnet IMO is disinformation at this point given what we know.
Likewise why would Avanade allow it to stay up there? A call to the web host would bring the site down in a heart beat.
I too honestly believe at this point that the website is a scam - but why is Avanade not DEMANDING the thing come down.....it would be an easy thig to do through the web host. Every minute that site is live (if it is a fake) is damaging to Avanade's reputation as well.
They didn't let it lapse because the ownership of the domain has been continuous since 2004...
http://whois.domaintools.com/softnettechnology.com
The only way it could be a hoax is if the access was hijacked and someone loaded the site to softnets domain.
That would likely have been caught by now and I am sure that Avanade would have demanded the site be taken down....that hasn't happened so I choose to believe that the site is real.
Are you insinuating that it could be a scam? I think NOT! Granted th design would be simple. The more difficult part would be accessing the server and uploading the site.
The site is an exact copy of the Avanade site - the only difference is that that the image at the top has been changed to reflect the Softnet association.
So, granted, anybody could go to avanade.com copy the code and load the page. BUT, they would have to have login access to the Softnettechnology page.
I beleive the new site is REAL! Just not sure what is coming next.
My understanding is that Avanade has over 500 shareholders even though they are privately held. Accenture hold 80% of their stock.
They were subject to SEC reporting requirements until July 2008 because of the number of shareholders.
It is the same, Softnet. Originaly founded in 1971 as International Mercantile Corporation.
See link below:
http://www.sec.gov/Archives/edgar/data/51387/000112785509000011/softnet10ka123107.htm
read the Corporate History and Background Section of the Report. Definitely the same Softnet that acquired Sterming Financial.
The publicly held entity that is today Softnet Technology Corporation (the Company or "SoftNet"), was founded in March, 1971 as International Mercantile Corporation (International Mercantile), organized under the laws of the State of Missouri. On July 22, 2004, The Company changed its name to Softnet Technology Corp.
International Mercantile Corporation, a Missouri corporation ("IMTL" or the "Company"), was founded on March 10, 1971, for the purpose of acquiring Frontier Insurance Company and Universal Life Holding Corporation. The Company effected these acquisitions on August 31, 1973. The Company subsequently acquired a controlling interest in Sterling Financial Corporation. Prior to 1997, the Company through various transactions which have previously been reported, divested itself of its entire ownership in these entities. In 1997, the Company acquired University Mortgage, Inc. , a diversified financial services company, which offers a full spectrum of financial and asset management services and products. The Company operates primarily on the East Coast and provides residential mortgages and equity investment. The Company also acquired Home American Mortgage Company, which as of December 1998 had no assets or operations. The Company does not retain any servicing rights on loans it originates.
I got an email from Dennis Goett today.
Email came from the softnettech.us email address.
I had it quoted here, but noted that Mr. Goett had a strict confidentiality clause on the email. It really just said that he was not at liberty to discuss Softnet. I didn't get either a good or bad feeling form the email. It could go either way.
this is my last post here. After the bashing I took yesterday for just asking for clarification on a phone call. I have been criticized several times for just stating the facts. I hate all the spinning that gets done. ALL I have tried to do is limit posts to known facts and tried to look at both sides. Contrary to popular belief I still hold a large portion of stock and am holding out till the end like everyone else. Best of luck to all!
In an earlier post you stated that Kreative said:
"All the changes have been made to the site."
Kreative is emphatic....that they have absolutely nothing to do with the design or upload of the website. They will tell you that they can not confirm that Softnet exists only that there account is currently paid and that they got a request to take the site down.
Again, I was in that business for several years. 90% of website customers pay their hosting annually. The fact that the site is paid, could mean that we will see that maintenance page for another several months until the plug gets pulled for non-payment from a non-existant company!
PLEASE, PLEASE I implore you give us a positive, definitive comment that Dennis Goett made! I truly want to beleive. I been holding for a long time. Too long, to rely on cryptic, double talk!!!
No offense but I am skeptical of this post......how did you contact him on vacation? Did he call you? Did you have his cell phone number?
I personally have emailed him several times and never even got back an aknowledgement that the email was read. Also, the contents of your post is cryptic at best.....what did he say? ...and in what context? if he responded to questions about Softnet with the answer that he needed to talk to an attorney before answering, I don't take that as a good thing!!
Can you be specific about what in your conversation with him led to this level of optimism?
It seems that everyone wants to post positive comments and I understand that, but let's be realistic and discuss facts.
For example everybody wanted to put a positive spin on the status of the website that Kreative told them. However, when I got responses from 4 different people at Kreative, there was nothing in those responses that built by confidence. Essentailly, all Kreative says is the website was shut down at the customer's request...They are not building a big new website for them,..those who want to be positive can say that's great! however, that could also mean we are floundering and trying to get afloat again shut down til we know where we are headed. It could also mean .....we are out of business turn it off until our prepaid account runs out then pull the plug.
I want positive reports too! But I want real solid facts. I still have a real hard time with the job postings they are now almost 4 months old! Again be realistic, if you are a growing robust company it doesn;t take 4 months to hire! You can't function with such key positions vacant for 4 months.
Also we are to beleive that this company is functioing now for the last 3.5 months without working phone numbers, email, a web presence, of ANY indication that they are even in existance! At best at this point Softnet is a dormant company in my opinion.
If you were a potential client of softnet, what abut their current situation would attract you to hiring them?
So, if in fact, you spoke to Dennis Goett, how about one quote that inspires confidence or some reason to hold on here.
Beleive me I want more than anything to beleive that softnet is going to explode, but every passing day makes that possibility less a reality.
So, c'mon A3 peak my interest, WHAT DID HE SAY?
I did get another email from Kreative - confirming that they DO NOT have a website to load. They have an account to host for them, but no knowledge of a website to be loaded or designed. That is completely up to the client (softnet).
It does seem ironic that all of my emails to them were answered today. Some were sent over a week ago. I got responses from 4 different people at Kreative today.
Not sure if that is a positive or a negative. I think this last email was the most "informative" - they stated:
"we have no information or knowledge of any website, or any information about the organization. They are simply a hosting client"
Did I miss something? How did we confirm that Goett is still on BOD? Has anyone actually confirmed that since way back in May at the time that missed filing deadline?
Less grasping than I thought.....I just got a second email from Kreative.
They stated:
Kreative has an account for the server for softnet ONLY. Unfortunately we have no information on the company’s status or plans to develop a website.
They also indicated that "We have been swamped with calls in the last couple of days, like yours. I suspect it is related to the stock action."
But that seems to confirm that Kreative is not holding a website to be loaded.
My problem is their wording....."put IT back up"
To me if there was a new site I would have said load the site, etc. I tihnk the two keywords are IT amd BACK.
It refers to the old site because that is what we were talking about....and Back to me indicates a reinstatement of what was there.
I just can't imagine phrasing it that way if there as a new site to be loaded.
BUT, I guess at this point I am trying so hard to solve this mystery that I am grasping.
Of course...I have always been somewhat surprised that an IT company would let their site be designed by a third party anyway. So the "new site" may be in development by softnet designers and they will load it the servers when they are ready.
It is likewise unusual to me, having been in the web design and hosting business, that a company the size of softnet would rely on a third party to host their site. I would think they would utilize their own servers, or at a minimun a dedicated server. Their account with this host is a virtual server hosting a lot of other sites.
It is also surprising to me that they haven't acquired the related domains - there are several extensions including the .net extension of these domains that are available for purchase. Most companies will acquire all available domains to preserve their brand. Being a software (IT) company you would think that would be a no-brainer for softnet.
Just a lot of things are not adding up!
BUT AGAIN, I AM HANGING IN THERE. My optimism intact!
I hate to be a naysayer again.....but I just got an email from the web hosts - Kreative.
Their response to me does not sound as encouraging as what has been previously posted. Although it is a little cryptic and maybe I am reading into it.
I asked them if there was a new site and when it will be coming up?
They responded:
"all we can say is that the website was taken down for maintenance at the request of Softnet. If they want it live again up we will do so at their request."
They also pointed out that they have no knowledge of the business aspects of Softnet.
To me - the tone of that response would seem to indicate that there is NO new site in the hands of Kreative. Since they say "we will put it back up at their request" - that sounds like they will reinstate the old site.
This link is a mid-day alert from LAST TUESDAY.
I an looking for a fast start this morning, much like a week ago - I am expecting SOFN to quickly climb to .006+ this morning and then level off to close green.
I feel confident that news is coming this week. Timing feels right.....
I followed all of the week-end posts but held my reservations!
As I have stated before I tihnk we saw a lot of rehashing of old info. Let's be realistic, I am cautiously optimisitc. I've been here since December and havle alrady cashed back to freebies. I am in at .001 - so the upside postential is huge. I have seen all of the info posted throughout and really haven't seen anytihng posted in the last few weeks that we didn't already know....but even still I firmly beleive that the comapny DOES exist and that we will see it resurface this week.
I don't believe that the players we keep discussing (including Goett) are still involved as anything other that stock holders. I am taking the "New Management" statement on the website as fact. We are going to see a completely new entity when it resurfaces, with new names that we don't even recognize....IMO.
LET'S GO SOFN!!!
They could be.....
But realistically....the nature of the jobs posted at 4 different locations wold really not indicate multiple openings.
But, again I wouldn;t discount it, I just think the job postings have ceased to be a positive thing. We keep hearing on here that "THERE ARE JOBS POSTED!"
For me the best news at this point would be that the postings were removed, because I would choose to beleive that means that after 4 months Softnet filled their position.
In your defense though there should be a lot of openings at Softnet now, because every name I have ever found asscociated with them....is now asscociated with another company.
One more thing that trouble me......if Softnet's new management team is in place.....WHERE DID THEY COME FROM?
One thing I have learned in researching this is that everytime Softnet brought in somebody, Goett, Booth, Holt, Henry etc. There were two places to find the news....from Softnet and FROM THE PLACE THEY LEFT. How come nobody has announced the departure of an IT executive that apparently went over to Softnet almost 3 months ago now!
My skeptisism is growning! I hope someone later on gets to tell me that I was wrong!!!