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I apologize for not having read Matt's post before responding to F+G again. I had gotten behind in my reading apparently.
Matt, Thanks for the explanation. I believe that is all that was needed. I will considered the issue "asked and answered".
Thanks again.
I will take it up with Matt in the future - sorry to have bothered you.
I don't believe that I made any allegations that were not already "out there" by other posters here and on RB. Just reiterating them in a format that would convey what people out here are thinking.
BTW, the way that you change the "perception" that others have is to politely inform them that they are misinformed and then give them information that clears it up. Have you given me information that clears it up? Apparently not.
I had higher hopes for IHUB - thought it was a better atmosphere to be in. Just sorry to have been disappointed.
If you are referring to me F+G then I take offense to that comment and feel that you should delete your own post.
OK, here we go F+G...
I have never bashed SEVU and still remain long (primarily due to the products themselves).
I resent (although am not surprised by) your calling my post "damning". I was simply trying to tell you the perception from our end - the end users of IHUB. If you don't care or have any concern for that then I do not hesitate to tell you that you are certainly not the person for the position that you hold here on IHUB.
I must say I am disappointed in the way that this topic is being handled, and I hope that (after he is done laughing) Matt will take this more seriously than you are.
The router/switch is the best way to go. (Linksys is was I use and it is excellent and easy to install). Any "hardware" type of firewall is better than "software" firewalls. Software ones can be breached just as soon as the hackers figure out how to "crack" the program. The software firewalls have to updated on a regular basis due to this (very similar to antivirus software). Hardware firewalls don't need to be. They are truly a WALL between you and all those bad people out there on the net. The IP address of your router can be "seen" from the net, but not your personal IP address.
Just thoughts from Tech Support.
The bashers are bashing SEVU (seems SEVU left just enough gaps that the bashers have had a pretty easy time of it).
It would not benefit them as far as I can see to bash IHUB for no apparent reason - maybe IHUB has made it easy for them too?
I realize it is a moot point and I won't be getting any information from you about this.
Seahag, I agree to a certain extent that it does not matter where the support comes from, but it certainly doesn't seem "ethical" to have (IF THIS IS TRUE...) a message board that was developed and supported by either SEVU or the founder of SEVU. This board was developed with the built in mechanism to allow posts to be deleted (among those deleted the vast majority are those saying negative things about SEVU - some of the post really did need deleting). This just screams of coersion (sp?) and lack of professional ethics.
Maybe.....the founder and former CEO of SEVU got tired of what he heard and saw on the RB thread. There was nothing he could do to stop those terrible people from saying bad and hurtful things about his baby...SEVU. So he went to his son - a student at FSU - and told him of his plight. His son worked to develop a website that would have message boards about stocks. The founder of SEVU said, "Son, is there any way that we can make it so that those 'no-good' bashers won't be allowed to say horrible things about SEVU?" The son says, "Sure! I'll make it so that some people can have the power to delete posts, but you'll have to find a way to make it look like you're playing fair. You'll have to be careful and make sure that you delete some of the non-basher posts as well."
Having that said and done, the SEVU thread on IHUB was born. And here we are today.
The above is (quickly becoming) my opionion and (may or) may not be based on fact.
CM
I've been on RB and IHUB for quite some time now and definitely prefer the atmosphere of IHUB. However, some of the claims of "weird" goings on while on the IHUB site, the fact that there is no obvious evidence of who supports IHUB, the fact that RLM will post on IHUB but not on RB, etc. etc. They actually come close to making sense.
I'm still long on the product and long on the stock. I'm losing faith in IHUB though - if they can't fully answer the accusations being made.
CM
"If they only knew the real purpose of iHUB...."
What is the real purpose?
Everything I'm hearing actually has me double-thinking my opinion of IHUB.
cm
Just judging from the subject lines (unfortunately I missed the actual posts) it certainly sounds like A&P or possibly Ken Cook.
That is the type of posts and the type of language and the volatility that those two display over on RB.
CM 64
Production facility will be in Clearwater from what I understand - still a Seaview facility.
Just for giggles: RB is also saying that Ken Cook was arrested for something having to do with his causing a ruckus in a bar with Rich McBride. Apparently is was in a bar close to McBride and Assoc and Rich was told that Ken wanted to talk to him. Apparently he didn't want to talk as much as he wanted to start trouble.
Supposed to be a Nat'l PR coming out sometime after lunch today - this was from someone on RB that is a reputable poster. Supposedly, he stopped in to Seaview offices and was told that.
I called Seaview myself and they are in the process of moving right now. They are moving to downtown St. Pete in the McBride and Assoc building.
Clair,
I am a long so I am happy to hear it is in the brochure, but does it actually have the name "Secure View", or "Seaview"? CVL32 sounds like an "item number" or something. Just would be nice to have the Seaview name plastered around on there.
I did a pretty thorough search on supercircuits.com and was not able to find anything under seaview or secureview or secure(space)view. Lots of various wireless cams and camera systems, but not SEVU's.
What's the poop on that, Clair?
Doug and IH Admin,
I am quickly beginning to feel the same. While I still "check in" on a daily basis, I tend to skim the new posts and not read them all. Not quite an ignore button, but it works for me.
I am thinking that IH Admin should just turn this message board into a chat room! That's what it is for some folks. Don't these people work?? I personally work full time and I work at a computer and on the web - 9 hours a day! I still don't have time to read and post as much as these folks (especially when you consider that a good many of them are posting even more often on RB!)
One suggestion that I thought of was to limit how many posts could be made per week. Like 10 or something. If someone had something of vital importance and it was their 11th post for the week, it would go to Seahag, IH Admin, or whoever to approve before reaching the board.
Just a suggestion.........
Still long and hanging in there (maybe I'll put an order out there to buy more if it reaches $1.50?).
Well said!
In case we all need a SEVU pep rally.
For entire story view the link (I abbreviated it for the post).
http://www.seaview.com/images2/catalog.pdf
An Underwater Success Story
by J. C. Roberts
Late one night in 1997, at a marina on Florida's Gulf Coast,
the ****pit lights burned brightly aboard Rendezvous, a
classic wood-hulled 65-foot Norseman Sportfisher. Spread
around the deck were an odd assortment of tools, wire, bits
and pieces, and a torpedo-shaped device destined to
become the high-tech success of the decade. The SeaView® Underwater Video Camera was born.
.....
Working on prototypes each night, testing them offshore by
day, McBride finally arrived at a design he was happy with.
The two-foot-long probe, with its stabilizing fins and towing
eye, stood up to the rigors of offshore trolling and bottom
fishing. Its built-in infrared circuit sent beams of invisible light outward, providing illumination even in total darkness. The
crisp black-and-white images looked razor-sharp, even on a
big 32-inch TV.
Most important, McBride could see what he'd been missing.
The camera could go deeper than a man could scuba safely--
as much as 300 feet down. The fascinating life of the ocean floor was his to see, anytime, without getting wet. Checking
Rendezvous’ planked hull was easy now, even in dirty
marina water.
.....
Ever alert to the wishes and wants of the customer, McBride
introduced the TwinCam™ in the late spring of 1998...closely
followed by the Mini SeaView™. The dual-mode TwinCam™ allowed the user to select either Infrared-Enhanced black-and-
white, or full-color video. The smaller, lighter Mini was
instantly embraced by the diving community, bay and flats
fishermen, and freshwater anglers.
.....
From the rugged little camera born on the back of a sport
fishing boat, to an expanding line of products led by the
revolutionary SecureView, SeaView Video Technology Inc.
has been called a "rising star." In a technology sector teeming with overheated dot-coms, SeaView continues to
make "real" products and develop new innovations. And the
proud little company which marched from Florida's Gulf
Beaches to the canyons of Wall Street, is now the largest
manufacturer of its kind.
Actually the mechanisms in place on IHUB discourage the free flow of BS. Helps keep the "pond scum" focused on the subject of the thread rather than the rest of the "pond scum".
JMHO
HWGC.................I totally agree..............take flight Crookk!
I guess that explains why you are still here, whining about losing money?
NG's "modus operandi" is to try to make everyone believe that he is that delectable Christmas confection that we all know of as..............FRUITCAKE!
IMHO
WOW - my post got deleted - I can't believe it! Just voicing the sentiment of most of us out here. Since when did "fruitcake" become a bad word?
I too bought more today! YIPPEEEE!
Montrose, Bbubba......
anyone else wondering about these one post folks? Like maybe they are Arch Cook?
So many names......what will it be next?
How about IMAHO4A&P?
This was on the SEVU site....Rich answering the questions and allegations raised by Arch Cook. Thought it might help keep us on topic.
Regarding Arch Cook
This is one of those letters that I must do, but it is one of the few things in this job that depresses me. I have watched Arch Cook suffering with problems over the last 6 months. We allowed him to come in late and nap during the day. His audio interview was not damaging to the company. I will state point by point the answers to the hearsay and innuendo statements. To his credit, Archie the salesman was still pointing out positive facts about the products.
His concerns are for his beautiful little grandchild and a son who has brainwashed him.
Arch was one of the first salespeople to join Team SeaView. We are talking about a true relationship here, where I called Arch "Dad" and he referred to me as "son" when we traveled together. Just ask him.
We had been aware for sometime that leaks and misinformation were flowing out. I did not take the advice of my advisers and friends; there are some things you just refuse to believe.
There is so much here to dispel I’m going to take it by priority.
Revenue: We are a cash-in cash-out company. We floor plan dealers who qualify for our products, much in the same way Ford Motor Company does. I have stated quite clearly to everyone that SecureView orders are orders, and need to be shipped to get revenue.
Production: We did run behind in delivery of SeaView Cameras in the beginning. Dealers who ordered more than several cameras were shipped one and then the balance of the orders later.
Manufacturing: We do not build the circuit boards or CCD cameras, and NEVER HAVE. Several companies have been making bulk runs of the Marine Products and assembling for over two years. We could never make enough! SecureView is the same arrangement. We do assemble products here, to supplement demand for items made by our outside vendors. For example, to help with delays we will probably assemble 200 SecureViews in our shop in the next few weeks.
Pump & Dump: These are easy words to say. I have not sold a single share. Everyone at the meeting saw my certificates. I think you need to sell to accomplish the dump part.
Money: My money is my own, and the property I own is not paid for by SeaView! It is simple to look at the financials and see that the company has not bought any such things, and could not afford to. It is also no one's business. It just makes good press!
Retail Contracts: The company is constantly in touch with many big name retailers. If contracts are awarded it will be made known via a National PR release. It must be obvious to everyone that Arch has a hearing problem. He is confused and unfocused in the interview.
Changing numbers on financial reports: This involves something all businesses go through. What Arch is talking about is my clarifying various payments and to what category to assign them. Marcy struggling with balancing the numbers is not a new problem; ask any bookkeeper. The banks and Credit Card companies are involved. Have you ever had a problem balancing your checkbook?
I NEVER TOLD OR ORDERED employees not to sell their stock. When the shorting activity was at its maximum, I did ask them to consider not filing. We felt employees listing to sell was not good, even though it does not mean they are selling. Arch thought and stated in front of all of us that this made sense and he was a Team Player.
Miscellany: Arch was never involved in Corporate Business or affairs. He would not have any idea what was involved with The American Stock Exchange. I withdrew; it’s a matter of record. I HAVE NEVER HAD A PHONE CONVERSATION WITH THE S.E.C., period! Ask them!
Most of the other mistakes he made were obvious. I’m sure you all could hear he had no clue what he was talking about most of the time. How sad this must be for his family.
It was also sickening to hear Anthony pushing him and leading him on. Tony, you must have no conscience, to do the things you do. Come after me or the company, but leave this fine man alone.
Thanks, Arch, for remembering and stating for all to hear that it is not the money. It is for the employees, and for my partners the stockholders in the company, that I work so hard. Yes, I gain satisfaction from success, and an ego boost.
I do miss the loss of our friendship.
Rich
Yes you have a point.
I just lost my mind and had to have my say. I know you're right.
cm
Crookk,
I imagine that you do have shares in SEVU - today. And you'll sell them and buy more, etc.
We all have our own concerns about SEVU - as you claim to. What WE don't do is broadcast those concerns on every message board out there that is available! Your concerns are making sales volumes go up and lowering the price (as if you didn't know that!)
If you believe in SEVU and feel that it has any value at all then stop spreading your negativity. SEVU needs followers and believers - not more negative publicity.
I know this is all a waste of time as I have been told that you are paid to do this stuff. I think that is about a low as a human can stoop - but I imagine that people like you would do just about anything to turn a buck. Even at the expense of others. What a shame.....................I truly feel sorry for you, but not as sorry as I do for SEVU - your current victim.
I too agree with TAfirehawk. I don't know how these bashers (like Crookk) have time to keep up with anything they may have in their portfolios let alone making trades (short or not?). They spend all of their time wasting our time on this board. I came to this board to learn more about SEVU as well as the industry itself and boy! what I have learned!
Can't express my disappointment. I know it is not the fault of the "board" itself, but I am amazed that fellow traders cannot bring themselves to maintain a level of professionalism and common courtesy long enough to get through ONE day without posting ugly comments on this board.
To all of you that are doing your best to keep this board on topic and educational, I applaud your efforts. Please understand that while the bashers have driven me from this board, they will never drive me away from SEVU. I'm long and proud of it!
cm64
Crookk - that's not fair.
He is not the only one that feels that way - so don't single him out. Maybe it is altuistic, but I also have faith that SEVU is going to pull through this. Patience, folks. Patience.
New to this...
I just wanted to add my comments regarding SEVU - as an equally concerned shareholder.
My concern is centered more around the disconcerting missing or adlib'd information that is circulating and obviously hurting the share price.
Yes, I know that Rich's antics are borderline "bull **** artistry" but they have carried him and his company very far in a relatively short period of time. Maybe it works for him. I have also thought that maybe a new CEO is in order here, but I'm not totally convinced that a new CEO would carry SEVU into the future with the success that Rich will be able to.
I also agree with those that said (paraphrasing) "if I had the extra $$$ I would buy more shares at this lower price [to allow for dollar cost averaging]".
I have every confidence that it will all come out in the wash and I admittedly am still riding the fence on the new CEO issue.
JMHO