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"mentioned again in the same article"
That wasn't an article, it was a blog post, by a blogger, who is occasionally wined and dined by YAGI.
"The world of NEOM keeps revolving and coming back to past links"
Links? A blog post, by Bena the blogger?
Geesh.
Thanks Sean.
A little different from raising the "share price higher for all the shareholders" , but in the ballpark I suppose.
She'll have to work hard ... she might do something to raise the value a few bucks , but YA's inexorable dilutive practices could easily offset that.
I do like that part about holding the management team accountable to shareholders , that would be a first. Wait ... perhaps not a first , as management has in recent times done a good job of catering to and being accountable to the majority shareholder.
And therein lies the rub.
jonesie
According to the AMEX short interest reporting schedule ...
... we would have the next report tomorrow, 1/12.
With AMEX taking that service off their site we should get it pretty soon. I don't think it matters whether or not we get it 'fast' For some reason the exchanges feel compelled to keep short interest updates on every stock in this country 'secret' for as long as they can , unless it's paid for. What's up with that LOL.
You're certainly right , shorts made some really big bets , called some major PR bluffs , and won big time. People betting long on TIV got obliterated , shorts taking on exponential risk and betting against TIV have made tens of millions dollars.
TIV was a good trading stock for a long time until they started putting out ever more outlandish PRs about momentary production rates. When those claims were shown to be misleading by the DOGGR reports covering the period during which those claims were made ... bam , the stock broke to the downside through years of historical support and cratered to the sub-$2 level.
jonesie
"Laura M. said - she is going to get share price higher for all the shareholders"
Could someone please post the link to LM saying that? She may well have , I must have missed it.
TIA
jonesie
"we are back to MSFT"??
Because Bena's hallucinating and/or has that on her wish/prediction list? How many of her previous comments about NEOM panned out , all of those 'I can't say anything more but something big relative to 'X' is about to happen!'? Not just about NEOM either, others as well.
Bena, Jeff Mould, Tim Kindred, etc, none of these people have really had much to do or say that actually helped NEOM in any way close to what people have speculated upon.
Okay , let me go find my rosier self now lol , good morning all and have a great day!
jonesie
"a sweeping change out of upper management (CEO and Prez)"
Now there's an idea a lot of shareholders including T. Gamble could get behind. (I mean , unless T. Gamble is one of the shorts lending shares to the Russell funds who were forced to buy in at $8.25.) The shorts , if this 'course' stays on 'course', could be covering at $1.50-2.00 for a tidy $6-7-8 million bucks 1-year profit come this summer when the Russell bagholders have to bail.
We should have a poll as to how long before one or the other or both of those potentials (CEO sweep and/or Prez sweep) becomes reality.
2 weeks. (LOL , just kidding Geo)
2 months?
A change in the 'course' of the share price could save some necks. Where's a good 'we attained a production rate of 14,000 BOEPD (for 18.4 microseconds) today and we have a 35 brazillion (sorry GWB lol) BOEPD "capacity" right now' PR when you need one?
Okay , that's all for the Friday night funnies. Except for the sweep part , when is sweeps week coming? ;)
jonesie
p.s. I dunno , DOES that count? LOL
"I believe he may have skirted your question..."
Major skirtage LOL , but consistent with the parsing of words we have seen in misleading PRs. Wouldn't a few clear non-ambiguous non-safe-harbor-protected statements be refreshing at some point?
That having been said , I vote for more of the same. The word parsing has been an extremely entertaining thing to watch year after year , and so easy to point out. And inevitably , the conjectures we have made as to the REAL meanings behind the misleading phrases have turned out to be right on the money , time after time after time.
jonesie
p.s. I wonder if some of the late-2008 tax-loss selling of TIV shares will be mirrored with some buy-back in January and soon after? I'm surprised there hasn't been a little bit of a bounce already , think there will be one , or has TIV-sentiment flat-lined here at this multi-year low?
So does that mean Spanair ....
.... bought some Gavitec scanners? The kind of deal that , well , has no 'per click' aspect , just a one time buy of hardware?
$0.20 per share , here we come.
LOL
jonesie
Howard , thanks for doing that.
However I maintain that we know exactly what the accurate figures are as to TIV's current Oil & Gas Production , at least through the September/October timeframe.
DOGGR's FTP site gives the aggregate total of the Pleasant Valley wells and that new Moffat well , or however many new Moffat wells there might be. As it turns out , the only 'benefit' confidentiality provided to TIV was to keep anybody from seeing the per-well-specific numbers for those wells with the 'C' designation.
I don't think that was the 'benefit' TIV was expecting. I don't think they realized that even with the 'C' designation DOGGR is required to report ALL oil and gas production in the state of California , and they report that on their FTP site , pictures of which I have provided here as they are available.
So ... perhaps TIV was able to code some wells 'C' and while their production isn't itemized on the OPI site , it is shown in aggregate on the FTP site. Then perhaps they were able to code some other wells 'Really Really C' and their production isn't shown anywhere.
LOL , but DOGGR explicitly says that isn't the case , so we truly are seeing the entirety of TIV's production on the FTP site.
Now , we might not be seeing 'production capacity' , but then that old saying " s--- in one Hombre's pocket and put production capacity in his other pocket and see which one fills up first" might apply here.
As Geo points out , monies spent at Temblor/S.Belridge haven't increased production much beyond what existed when those leases were first obtained by TIV. I'm not sure what the long term payout on that endeavor will be when you consider all the money put into it.
At least the PV wells have new production since TIV started from scratch there, although we probably aren't clear as to what price of oil is needed to make it profitable production.
JMHO
jonesie
DOGGR TABLES SHOWING OCTOBER PRODUCTION
The OPI site numbers in the table below show the non-confidential wells and include S. Belridge and Edison. How many millions did it cost to get this 60-80 bbls per day?
It was okay I suppose.
Out of all the 'board members' NEOM has brought on , this one could be the best but who knows. As nearly as we can tell no BOD member or Technical Advisor or VP has done much of anything truly productive enough for shareholders to rival the efforts of whoever empties the trash cans at HQ at night. Hopefully Laura's new part time 'job' with NEOM will do some good.
She may be "excited to be joining NeoMedia at such an important time" but NEOM sure didn't get any mention in that article/interview you posted.
At the end of the day , Laura's participation may bode well. Hmm, speaking of 'day', does she have a day job now? "Laura Marriott served as president of the MMA". NEOM has in many cases seemed to be a catch-all for falling stars like Chip whose resume was sliding downhill on a greased slide.
Good luck to us! We might even get a little pop out of this news today.
jonesie
"why would YA not keep selling this year?"
Speaking of YA selling things , below is an example of what YA will do when they feel like it. This is relevant to NEOM because NeoMedia finds itself in a very similar situation with respect to YAGI as SMTR found itself , and as such SMTR's experience might hold some clues as to potential future outcomes at NeoMedia. SMTR actually had a product , and shareholders got wiped out. If you believe NeoMedia actually has a product , consider what can still happen. Only time will tell , but mark this post.
You'll remember SMTR , one of the stable of 10 YAGI clients, including NeoMedia , with all sorts of interconnections to NeoMedia. Connections including YAGI itself , George O'Leary as a 'turn around expert' and/or on the BOD , David Dodge , I can't remember them all. Oh yeah , Tobin Smith pumped SMTR along with NEOM , MOBL and TREN. David Dodge , NeoMedia's ex-CFO who has also worked (or still works) for Thornhill Capital and DPFD , was as of October 29, 2008 still Interim Chief Financial Officer at SMTR. He really knows how to pick them. Or they know how to pick him I suppose?
Anyway , at one time it seemed like SMTR actually had a good product , and some good customers. Turns out , they might have actually had a viable product , or patents , or something worth money.
Recently YAGI , or their subsidiary/affiliate Xentenial, sold SMTR out from under the shareholders. They were able to do that because of all the financings/warrants/SEDA/Preferred Convertible Shares/etc , all of which resulted in YAGI/Xentenial owning well over half of the company. Meaning they can vote on whatever they want to have a vote on and make it so. Kind of like they can do with NeoMedia.
(For those who may be unaware of all the YAGI affiliates out there and how Mark Angelo controls them all: http://www.sec.gov/Archives/edgar/data/1271848/000114420408071538/xslF345/v135871_ex.xml )
A recent filing explains the sale and confirms YA Global's Security Interest as follows:
"On December 11, 2008, we completed the sale of substantially all of this business, comprising substantially all of our assets, and certain of our liabilities, to Bendix CVS Canada, Inc. and Bendix Commercial Vehicle Systems LLC pursuant to an asset purchase agreement dated December 4, 2008. The sale price was $2,500,000 cash at closing, plus an earn-out amount in each of the five years after closing based on a percentage of tire pressure monitoring system sales made by the buyers during that period, with a minimum earn-out of US$500,000, of which $250,000 is payable by March 1, 2009 and $250,000 is payable by March 1, 2010.
The earn-out is based on future revenues generated by the buyers from the tire pressure monitoring system business, and any amounts earned by our company above the minimum earn-out are payable on an annual basis for a period of five years. Pursuant to the terms of the asset purchase agreement, we retained the right to receive future earn-out payments due, as well as the right to proceed with litigation in respect of prior infringements of certain of our patents.
We also retained certain operating liabilities and all of the liabilities and obligations with respect to the convertible debt and the shares of our convertible preferred stock that were outstanding prior to the asset sale.
Finally, we agreed that we would change our name to TTC Technology, Inc. immediately after the closing. However, because the corporate laws of the Province of British Columbia prevents us from changing our name without the prior approval of our shareholders, we have not yet changed our name. At the date of this annual report we have not yet asked our shareholders to approve a name change.
Because all of our assets were subject to a pre-existing grant of security in favor of the holders of outstanding debt in the aggregate amount of approximately $44,150,000, we entered into a liquidation agreement with YA Global Investments, L.P., Xentenial Holdings Limited, Staraim Enterprises Limited and Starome Investments Limited pursuant to which we:
·*acknowledged our debt to the lenders in the aggregate amount of approximately $44,150,000.
*assured the lenders that we had no offsets, claims or counterclaims against any of them.
*ratified all of the loan documents pursuant to which we had borrowed the money owed and acknowledged that they, and the documents granting security for repayment of the loans, were in full force and effect."
(Courtesy of BSWB , a sometimes follower of YAGI goings-on: A couple of other interesting points from this filing:
On December 19, 2008, Xentenial Holdings Limited, a wholly owned subsidiary of YA Global Investments LP, converted face value in the aggregate amount of $1,065,986 of various secured convertible debentures issued by the Company into a total of 13,324,825,000 of the Company’s common shares.
After the conversion, the Company had 19,342,461,198 common shares outstanding, of which Xentenial Holdings Limited was the holder of 13,315,450,000, or 68.8%, of the Company’s total outstanding common shares.
The subsequent filings (forms 3 and SC13D) simply confirm the YA Global holdings.)
Now , it does appear SMTR had a worthwhile product. Bendix , or Bendix Commercial Vehicle Systems LLC, North American affiliate of the Munich, Germany-based Knorr-Bremse Group , is a well known company and they wouldn't buy something that was junk-on-paper. But when it came time to sell ... YAGI pocketed the proceeds and said "bye bye shareholders , it's been fun , thanks for playing and stay tuned for your next opportunity to win (wink wink) in a brand new game coming soon".
Oh yeah , over a lot of the time SMTR was dealing with YAGI they only had a few hundred million shares outstanding. Then towards the end they still only had 2 billion shares outstanding. I imagine their shareholders enjoyed speculating on a possible sale price of the company and divided those paltry outstanding share counts into it to yield what their future PPS might be , and how many islands could be bought with their gains. As you saw in the above filings when it came time for YAGI to cash in and eradicate common shareholders , somehow , magically , SMTR ended up with 19 billion shares outstanding with YAGI owning 13 billion of them.
YAGI will do whatever is in their best interests. I have yet to find a situation where YAGI's interests are aligned with common shareholders' interests for very long.
jonesie
What happened, BSWB?
Oh, I see, I read a recent 8-K just now. YAGI/Xentenial sold SMTR to Bendix CVS.
And "All or substantially all the proceeds of the sale will go to pay secured creditors"
Let me guess. Xentenial might have been the largest secured creditor? And the unsecured shareholders finished getting wiped out?
From the 8-K:
"On December 11, 2008, SmarTire Systems, Inc. and its wholly owned subsidiaries SmarTire Technologies, Inc. and SmarTire USA, Inc. (collectively, the “Company”) completed the sale of substantially all of its business and assets, and certain of its liabilities to Bendix CVS Canada, Inc. and Bendix Commercial Vehicle Systems LLC (collectively, the “Buyer”).
On December 4, 2008, the Company and the Buyer had executed an Asset Purchase Agreement with respect to the asset sale. The sale price was USD $2,500,000 cash at closing, plus an earn-out on future sales over a five year period following the closing, with minimum earn-out of USD $500,000. All or substantially all the proceeds of the sale will go to pay secured creditors."
Oh , no worries ...
... someone yelled up from the manholes and told us NeoMedia was hiring at "breakneck speed" quite some time ago and I'm sure they haven't slowed down. They must have scores of great salespeople on board by now.
jonesie
Yikes.
I thought NeoReader on Blackberry's was going to be a good thing.
I guess NEOM doesn't have the application working well enough? Was the guy trying to read a 1D barcode and NeoReader isn't ready for that? Didn't NEOM say they were going to have this 1D thing worked out quite a while back?
I suppose the blame will get put on the camera's resolution/focal capabilities?
"all that IM has done"
Elaborate please? TIA
I'm assuming he's collected a paycheck per the terms of his employment agreement. Other than that ....... ????
jonesie
"any more shares than the approved 5B A/S"
One quick vote by YAGI the largest "as converted" shareholder takes care of that 5B A/S anytime they want , if they want and need it to exercise and profit from their percentage ownership rights. Litigation? I doubt they're scared. Am I clear on this point?
????
Happy New Year! In some ways , same as Last Year!
jonesie
I was too ...
... and I still kick myself for getting suckered by them that way.
jonesie
"the number $400MM has been tossed around before as a relative value that the patents could be worth. Given the shares out now that's over .30/share IF no more dilution occurs"
Yep , there's the 1.3 billion or so shares outstanding , or were anyway ... higher now? But , and I know you know this so I'm just mentioning it for redbeard's info: There's the other billions of shares YAGI has rights to via warrants (which keep getting repriced lower) and floorless convertible preferred shares. Seems like they would want to sell them if NEOM got valued at $400MM. In fact , YAGI would probably be the elephant blocking the stampede at the exit door on its way out lol.
What was that number we worked out a while back , something like at .001X per share YAGI had rights to another 28 BILLION shares? And that was before these latest tranches , which of course give YAGI rights to more shares.
Of course , if the PPS rises that number starts shrinking , but still ... even just 10 billion more shares being dumped out there starts knocking that .30 down to something closer to .03.
Good luck to us all!
jonesie
If my math is close ...
... it sounds like you have somewhere less than 25,000 shares now , for something less than $6500 invested. Buying another 714,000 or so shares at .0014 would increase that to $7500 (or less) with a cost average of .01 (or less).
If you think NEOM might get to .01 somehow, even if it's just an overexcited run based on news the real ramifications of which aren't fully understood at the time .... it might be worth the extra grand for a chance to salvage your $6500 (or less).
I think I'd have to plop in close to another $10,000 to get my cost average down a tad below .01. Hmmm ... nah , don't think I'm gonna do it lol.
Good luck whatever you do!
I wonder what the odds are of us getting a favorable USPTO ruling , and then after that what are the odds that enough people/companies/whatever will believe it will be hard enough to get around those patents to warrant trading NEOM up to a 7-bagger from here?
jonesie
drmyke, I may have missed it ...
... did you ever get back with a report of your contacts with Publicis?
TIA
jonesie
I'm glad you didn't tell us ....
.... because we'd be very sleep-deprived about now.
"Get ready folks, if I told you when I feel this is launching you wouldn't get any sleep ;o)"
That brings "tears to my eyes" now.
So what's new on the "Find more jobs with Neomedia Technologies" front, B.C.?
jonesie
That's particularly a shame ....
..... in light of how NeoMedia was "endorsed" by Apple.
LOL
jonesie
"We all knew what the possible ramifications were by buying paint, purchasing marketing company's and not going with open source code writers/developers when CF was promoting this idea years ago."
Really? Then why did such a large majority of "we" and especially the moderators of this board spend so much time back then naysaying, attacking and censoring anyone who suggested what those possible ramifications were? Why did such a large majority of "we" chastise Scott Shafer for pointing out reality and rather than allow discussion of that reality found it far more "helpful" to attribute various and sundry ulterior motives to all who suggested that the reality we see "today" would indeed occur ... a stock price resembling the stock price of most other Yorkville clients?
With all due respect, I think you are practicing a very deceptive form of revisionist history when you attempt to suggest today what you believed, espoused, supported and fought against back then. Actual actions back then speak much louder than any attempts at incorrect portrayals of them today.
jonesie
No matter when it occurs ...
... the illumination of understanding what has really been going on with NeoMedia for years now is a good thing. You hung in there a long time hoping others' activity in 'the space' and possible, although tenuous, connections meant good things in the works at NeoMedia.
With the PPS being a gnat's hair (as we say in the South) away from having three zeroes after the decimal point I'd like to wish us all a better 2009 relative to NEOM than the disastrous 2008 they handed us. (On top of the disastrous 2005, 2006 & 2007.)
jonesie
p.s. Perhaps somewhere tonight Chas, Chuck, Chip, Frank, Al, Iain and Mark will raise a glass and toast the common shareholders who contributed so generously to them. Especially Chas, who outright withdrew millions from what he apparently perceived to be his private piggybank.
SHORT INTEREST AS OF TRADE DATE 12/10/08
Short Interest for TIV as of Trade Date 12/10/08:
2,312,938 shares
Short interest was down another 76,362 shares during the most recent reporting period , which covers trading from 11/25 through 12/10. During this period TIV saw a high of $3.35 (previous period's high was $3.88) on 11/25 and a low of $1.62 (previous period's low was $2.29) on 12/10.
A lower high than in the last reporting period , and a lower low than in the last reporting period , and the shorts still covered another 3% of the short interest.
Month-----Shares Short---- % Change
---------------------------------
Dec 2008 - 2,312,938 ---- (-3.20%)
Nov 2008 - 2,389,300 ---- (-6.26%)
Nov 2008 - 2,548,933 ---- (-3.10%)
Oct 2008 - 2,630,394 --- (-11.09%)
Oct 2008 - 2,958,391 --- (-11.20%)
Sep 2008 - 3,331,603 ---- (-5.78%)
Sep 2008 - 3,535,801 ----- +1.85%
Aug 2008 - 3,471,407 ---- (-2.99%)
Aug 2008 - 3,578,462 ----- (-8.41%)
Jul 2008 - 3,907,211 ----- (-4.45%)
Jul 2008 - 4,089,234 ----- +59.96%
Jun 2008 - 2,556,428 ------ +9.99%
Jun 2008 - 2,324,030 ------ +1.21%
May 2008 - 2,296,132 ----- (-1.90%)
May 2008 - 2,340,630 ------ +0.86%
Apr 2008 - 2,320,625 ----- (-1.61%)
Apr 2008 - 2,358,507 ----- (-1.16%)
Mar 2008 - 2,386,251 ----- (-0.30%)
Mar 2008 - 2,393,494 ----- (-0.37%)
Feb 2008 - 2,402,283 ----- (-0.43%)
Feb 2008 - 2,412,708 ----- (-0.17%)
Jan 2008 - 2,416,782 ------ +1.88%
Jan 2008 - 2,372,266 ----- (-0.40%)
Dec 2007 - 2,381,745 ------ +0.02%
Dec 2007 - 2,381,262 ----- (-0.02%)
Nov 2007 - 2,381,837 ----- (-0.83%)
Nov 2007 - 2,401,841 ----- (-3.97%)
Oct 2007 - 2,501,137 ------ +0.71%
Oct 2007 - 2,483,500 ----- (-0.30%)
Sep 2007 - 2,490,932 ----- (-0.84%)
Sep 2007 - 2,511,943 ----- (-0.56%)
Aug 2007 - 2,526,079 ----- (-3.35%)
Jul 2007 - 2,613,736 ----- (-4.92%)
Jun 2007 - 2,749,037 ----- (-0.42%)
May 2007 - 2,760,565 ----- (-0.39%)
Apr 2007 - 2,771,400 ------ +1.82%
Mar 2007 - 2,721,853 ----- (-0.57%)
Feb 2007 - 2,737,463 ------ +1.64%
Jan 2007 - 2,693,334 ----- (-2.77%)
Dec 2006 - 2,770,185 ----- (-1.5%)
Nov 2006 - 2,811,009 ---- (-11.9%)
Oct 2006 - 3,192,293 ---- (-2.27%)
Sep 2006 - 3,266,297 ----- +0.09%
Aug 2006 - 3,263,093 ---- (-5.04%)
Jul 2006 -- 3,436,104 ---- (-17.3%)
Jun 2006 - 4,156,544 ---- +13.87%
May 2006- 3,650,143 ------ +1.83%
Apr 2006 - 3,584,379 ----- (-5.41%)
Mar 2006 - 3,789,445 ----- (-4.23%)
Feb 2006 - 3,956,897 ----- (-3.56%)
Jan 2006 - 4,102,837 ------ +3.86%
Dec 2005 - 3,950,446 ----- (-1.88%)
Nov 2005 - 4,025,937 ------ +5.01%
Oct 2005 - 3,833,789 ------ +1.39%
Sep 2005 - 3,781,376 ------ +9.56%
Aug 2005 - 3,451,421 ----- +24.25%
Jul 2005 - 2,777,900 ----- +39.66%
Jun 2005 - 1,989,039 ----- +20.65%
May 2005 - 1,648,631 ----- +40.68%
Apr 2005 - 1,171,931 ---- +113.52%
Mar 2005 --- 548,854 ----- +86.95%
Feb 2005 --- 293,590 ---- +327.46%
Jan 2005 ---- 68,682 ----- +96.67%
Dec 2004 ---- 34,923 ----- +37.38%
Nov 2004 ---- 25,421 ----- +10.40%
Oct 2004 ---- 23,027 ---- +408.66%
Sep 2004 ----- 4,527 ---- (-59.68%)
Aug 2004 ---- 11,227 ---- +132.59%
Jul 2004 ----- 4,827 ---- (-31.31%)
Jun 2004 ----- 7,027 ----- +55.22%
May 2004 ----- 4,527 ------ TWBFTS-
Apr 2004 ----- 4,527 ---- (-94.73%)
Mar 2004 ---- 85,881 ---- (-13.21%)
Feb 2004 ---- 98,951 ---- (-00.88%)
Jan 2004 ---- 99,833 ----- +00.89%
Dec 2003 ---- 98,951 ---- (-18.30%)
Doodlebug, you are absolutely correct ...
... and while I didn't see those items you quoted (thanks for posting those) I was told by Rob Hauser of DOGGR some time ago, when this confidentiality thing first came up , that the FTP numbers do indeed include all confidential wells.
He said usually it's no big deal and not as 'telling' as it is for TIV. When a bigger company makes one or a few wells in a big field confidential , it's difficult to tell anything about those wells' specific production from the FTP report.
But in TIV's case , where they made the entire little tar field confidential , those numbers tell us everything.
Lynn does realize that , doesn't he? I'm surprised that he talks to shareholders about confidentiality or the lifting thereof , when we can see the total numbers anyway.
Thanks for corroborating my math. I thought September was around 630 BOEPD , and your earlier post bears that out.
Where oh where did that elusive 2000+ boepd go? I guess it was as some of us speculated ... an hour or so , or a few hours , of everything coming off steaming and being turned on full blast , then extrapolated out as if it was really continuous production. Tsk tsk. CEO's everywhere choose their words carefully in PRs , but it appears there were a few very misleading PRs in that time period.
JMHO
jonesie
p.s. Someone emailed me and asked if I had received a 'cease and desist' with regards to posting here. LOL. No , and I can't imagine why I would receive such a thing. Since I pretty much only post new numbers in various categories when they become available to the public , well , facts are facts , hard to tell someone to cease and desist posting facts lol.
Yeah, saw that the other day.
Why no "About Boulder Communications" blurb? There's not much out there on the internet about them. I take that back .. there doesn't seem to be much of anything out there about them.
No acquisition price, no info on what they bought them with. Did they buy them with a lot of shares which they will dump on the open market at every opportunity? Did they buy them with Arby's coupons? For a company which has "said" they wanted to get back to being a reporting company, SUPI doesn't seem to really want to do anything at all.
No quote from SUPI pres/ceo? What does that guy do? How long can these guy be a public company and get to dump shares, without actually telling shareholders anything significant? How long can Ed Hart stay on board after all the lies he's told everybody over the years?
DOGGR FTP SITE TABLES SHOWING SEPTEMBER PRODUCTION
ftp://ftp.consrv.ca.gov/pub/oil/monthly_production_reports/2008/09-2008.pdf (See graphic below)
September up HUGE relative to August.
Total September oil & condensate 14,727 bbl vs August oil & condensate of 9,584 bbl.
S. Belridge about the same at around 2200 bbl , but Oxnard up HUGE with September numbers at 11,736 bbl vs August numbers of 6,618 bbl.
September Gross Gas down to around 25,000 mcf , from around 30,000 mcf in August.
So , what's that put September's BOEPD at Geoscience , including the confidential wells which are shown in aggregate within this FTP site report? Somewhere around 633 BOEPD? Am I doing that math right? Please correct me if I'm wrong.
Getting closer to that 2000 BOEPD which TIV PR'd as being the production rate back in May or so? 633 vs 2000? Pretty close ;)
What was the PR'd goal for EOY '08? 3000 BOEPD? Oct/Nov/Dec must be killer months!
Yes, thanks SRM ...
... oh, it would be nice if all of your suppositions, beliefs, maybes and disparagement of Scanbuy and their CEO hold merit and NeoMedia, the lowly seemingly 'do nothing' ne'er do well, will prevail.
I'm not sure all the 'believes' and continuous slurs against "ScaMbuy" are going to win the day. Maybe if we all mock them that way 10 or 20 more times it will help NeoMedia get some business. I guess we'll see.
What the USPTO has put out so far sure doesn't "seem" to indicate any "plot" has "failed". If there was a "plot", it seems to have succeeded so far. Maybe it was just a good plan which has succeeded so far, but I guess "plot" does have more zing to it.
So far what we see as facts indicate that nobody believes NeoMedia holds any cards in this game. And I seriously doubt the chances of everybody at Scanbuy turning out to have congenital defects in the truth-telling area. Others have been slandered, from TS to PP to anyone else who has dared to doubt NeoMedia actually has a business plan. So far, all of those disparaged have turned out to be correct. All. I wonder if Scanbuy and the EFF will be added to the group of winners, while all involved with NeoMedia remain losers.
"all the “BS” that ScaMbuy"
"It’s hard to believe these guys are for real."
"They don’t seem to understand"
"Maybe MFR is paying license fees to NeoMedia?"
"I believe this is further evidence that ScaMbuy is the one who is backing EFF"
"The MFR patent # 6,886,750 looks like"
"To me this is very far remote from what NeoMedia is doing."
"These guys at ScaMbuy remind me of “BAGHDAD BOB”"
"I believe that this law suit proves that Jonathan Bulkeley CEO of ScaMbuy was caught in a lie."
"Maybe they are all congenital liars at ScaMbuy???"
"and ScaMbuy’s patents don’t do that."
"ScaMbuy’s"
"ScaMbuy"
"Could it be that they now know that their devious, and sinister plot with the EFF reexam has utterly failed,"
"the NeoMedia infringement law suit against them has become rock solid, and will crush their business."
"I believe"
“BIG” bluffing hand. Oh,……………….the humiliation!!!!!"
"ScaMbuy’s"
"ScaMbuy"
"ScaMbuy"
"ScaMbuy"
Thanks for the try, maybe the patent office will see it your way.
jonesie
If they are, will it raise our stock price?
Has anyone else's use of Gavitec's 'anything at all' put enough money into NeoMedia's coffers to pay for much more than their Starbucks coffee? Enough to pay for Gavitec's own salaries?
That's amazing neom2006
The fact that nobody at NeoMedia, nobody in sales, nobody in management, nobody at all, has returned a call to someone with ATT Mobile or your 3 other contacts who have wanted to discuss possible business .... could make it seem like NeoMedia really isn't trying to get any business.
All we've really seen is the paying of salaries, the printing of shares, the selling of shares by their financier, some reneged-upon promises of a shareholders' meeting, and some cavalier self-promotional conversations with bloggers which are actually fading into history now.
Sometimes the simplest answer is the correct one ... what you see is what we're getting ... a whole lot of same ol' same ol'.
jonesie
Tastes bad
http://delicious.com/sbepstein/2dbarcodes+neomedia
"The stock's in tatters, actually so much in tatters that has a 52 week high of $0.02 and is currently worth $0.002. The latest accounts show a net loss of $15,179,000 for the nine months to the end of September on revenues of $801,000 for the same period. And that's only good news because in the same period last year the company lost over $40m.
The previous CEO left earlier this year with a $187,000 pay off - half of which is still to be paid. You have a recent funding round of $2.1m to take you through to the new year, when the next tranche of funding is due. Finally, you have liabilities exceeding assets of $85,984,000."
Two letters from TIV out today ...
... one 'history' lesson with hopes of higher oil prices later (Lynn, will we have to have really really high oil prices before you can turn a profit or show some real oil production?) and another one , same ol' same ol'. Building 'capacity' in hopes of higher oil prices.
Oh yeah , Lynn says the PPS has historically rebounded , so ... stay the course.
Mo Marumoto died.
I wonder how many OPUS investors will die before they ever see a payoff. Not a tax write-off , but a P-A-Y-O-F-F as in a much higher PPS.
jonesie
Thanks M.E.T. ...
... but that site doesn't seem to have the latest number , the one I posted the other day. That nasdaq site is one reporting cycle behind at the moment.
Speaking of Toxic Financiers
There is quite a group of these hedge funds out there who manage to 'finance' otcbb/.pk companies , keep their doors open , yet most of the time destroy the common shareholders' value in these PUBLICLY TRADED COMPANIES which are supposed to operate in the shareholders' best interests.
Our financier Yorkville is one , NIR Group is another , one only has to look in the Info Box at the Cornell/Yorkville board to see quite a list.
They are not immune from an increasing level of scrutiny , as is evidenced here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34237465
This is relevant to NeoMedia because NeoMedia's financing and who is financing them is such a huge , no , completely crucial factor in whether WE will ever realize any value out of these shares. It's more relevant than talking about a shopping comparison tool , and at least as relevant as some other company's successful trial program with a brand manager or marketing company.
jonesie
p.s. Stay tuned for more stories on NIR Group ;) Testing, testing, testing 1-2-3 ;)
DOGGR TABLES SHOWING SEPTEMBER PRODUCTION
The OPI site numbers in the table below show the non-confidential wells and include S. Belridge and Edison. As you can see , September oil production for these wells was higher than August but lower than July Production.
Hard to say, geo.
The shorts may lose interest at some point , or their collective memories of success in their shorting may keep their eyes on TIV so , there may always be short interest of one magnitude or another.
I wish I had more time or interest in TIV at the moment , if I did I'd run a calculation to see how much money TIV has spent on all the 'paying forward' over the last few years , on:
Buying Temblor
Re-working Temblor
Water-flooding Temblor
Whatever else they did at Temblor
Working PV
Drilling PV
Putting in the 'facilities' and steaming eqpt
Steaming PV
Buying all those rigs
Refurbing those rigs
The money lost when selling the rigs
Drilling Moffat
Operations expense of producing every bbl of oil and mcf of gas since the 'paying forward' started
etc etc etc
Then take all that money which was spent , and divide into it the total increased barrels of oil and boe of gas produced during this time period.
It would be interesting to see what the up-to-date cost per BOE has been , including all startup costs.
Right now , that cost must be HUGE.
THEN , if the currently producing wells continue to produce without huge additional costs other than normal lifting costs , we can see that cost per BOE start averaging down. Of course the speed of that cost average decline is slowed a bit by current costs of production which , in the case of PV , must still be huge.
So , there's a project for the interested ... what has it cost to date for TIV to produce the bbls of oil and mcfs of gas they have sold so far. Any guesses?
Tens of millions of dollars have been spent. Tens of thousands of BOE have been produced as a result. I'm thinking the current "all in" cost per BOE sold so far must be in the high hundreds of dollars ... if not thousands.
JMHO and I haven't had much coffee yet lol
jonesie
SHORT INTEREST AS OF TRADE DATE 11/24/08
Short Interest for TIV as of Trade Date 11/24/08:
2,389,300 shares
Short interest was down another 159,633 shares during the most recent reporting period , which covers trading from 11/11 through 11/24. During this period TIV saw a high of $3.88 (previous period's high was $4.97) on 11/13 and a low of $2.29 (previous period's low was $3.25) on 11/21.
A lower high than in the last reporting period , and a lower low than in the last reporting period , and the shorts still covered another 6% of the short interest.
Month-----Shares Short---- % Change
---------------------------------
Nov 2008 - 2,389,300 ---- (-6.26%)
Nov 2008 - 2,548,933 ---- (-3.10%)
Oct 2008 - 2,630,394 --- (-11.09%)
Oct 2008 - 2,958,391 --- (-11.20%)
Sep 2008 - 3,331,603 ---- (-5.78%)
Sep 2008 - 3,535,801 ----- +1.85%
Aug 2008 - 3,471,407 ---- (-2.99%)
Aug 2008 - 3,578,462 ----- (-8.41%)
Jul 2008 - 3,907,211 ----- (-4.45%)
Jul 2008 - 4,089,234 ----- +59.96%
Jun 2008 - 2,556,428 ------ +9.99%
Jun 2008 - 2,324,030 ------ +1.21%
May 2008 - 2,296,132 ----- (-1.90%)
May 2008 - 2,340,630 ------ +0.86%
Apr 2008 - 2,320,625 ----- (-1.61%)
Apr 2008 - 2,358,507 ----- (-1.16%)
Mar 2008 - 2,386,251 ----- (-0.30%)
Mar 2008 - 2,393,494 ----- (-0.37%)
Feb 2008 - 2,402,283 ----- (-0.43%)
Feb 2008 - 2,412,708 ----- (-0.17%)
Jan 2008 - 2,416,782 ------ +1.88%
Jan 2008 - 2,372,266 ----- (-0.40%)
Dec 2007 - 2,381,745 ------ +0.02%
Dec 2007 - 2,381,262 ----- (-0.02%)
Nov 2007 - 2,381,837 ----- (-0.83%)
Nov 2007 - 2,401,841 ----- (-3.97%)
Oct 2007 - 2,501,137 ------ +0.71%
Oct 2007 - 2,483,500 ----- (-0.30%)
Sep 2007 - 2,490,932 ----- (-0.84%)
Sep 2007 - 2,511,943 ----- (-0.56%)
Aug 2007 - 2,526,079 ----- (-3.35%)
Jul 2007 - 2,613,736 ----- (-4.92%)
Jun 2007 - 2,749,037 ----- (-0.42%)
May 2007 - 2,760,565 ----- (-0.39%)
Apr 2007 - 2,771,400 ------ +1.82%
Mar 2007 - 2,721,853 ----- (-0.57%)
Feb 2007 - 2,737,463 ------ +1.64%
Jan 2007 - 2,693,334 ----- (-2.77%)
Dec 2006 - 2,770,185 ----- (-1.5%)
Nov 2006 - 2,811,009 ---- (-11.9%)
Oct 2006 - 3,192,293 ---- (-2.27%)
Sep 2006 - 3,266,297 ----- +0.09%
Aug 2006 - 3,263,093 ---- (-5.04%)
Jul 2006 -- 3,436,104 ---- (-17.3%)
Jun 2006 - 4,156,544 ---- +13.87%
May 2006- 3,650,143 ------ +1.83%
Apr 2006 - 3,584,379 ----- (-5.41%)
Mar 2006 - 3,789,445 ----- (-4.23%)
Feb 2006 - 3,956,897 ----- (-3.56%)
Jan 2006 - 4,102,837 ------ +3.86%
Dec 2005 - 3,950,446 ----- (-1.88%)
Nov 2005 - 4,025,937 ------ +5.01%
Oct 2005 - 3,833,789 ------ +1.39%
Sep 2005 - 3,781,376 ------ +9.56%
Aug 2005 - 3,451,421 ----- +24.25%
Jul 2005 - 2,777,900 ----- +39.66%
Jun 2005 - 1,989,039 ----- +20.65%
May 2005 - 1,648,631 ----- +40.68%
Apr 2005 - 1,171,931 ---- +113.52%
Mar 2005 --- 548,854 ----- +86.95%
Feb 2005 --- 293,590 ---- +327.46%
Jan 2005 ---- 68,682 ----- +96.67%
Dec 2004 ---- 34,923 ----- +37.38%
Nov 2004 ---- 25,421 ----- +10.40%
Oct 2004 ---- 23,027 ---- +408.66%
Sep 2004 ----- 4,527 ---- (-59.68%)
Aug 2004 ---- 11,227 ---- +132.59%
Jul 2004 ----- 4,827 ---- (-31.31%)
Jun 2004 ----- 7,027 ----- +55.22%
May 2004 ----- 4,527 ------ TWBFTS-
Apr 2004 ----- 4,527 ---- (-94.73%)
Mar 2004 ---- 85,881 ---- (-13.21%)
Feb 2004 ---- 98,951 ---- (-00.88%)
Jan 2004 ---- 99,833 ----- +00.89%
Dec 2003 ---- 98,951 ---- (-18.30%)