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I'm sorry , the lines might be misleading ...
... the photo near Refkin's name is Tobin Smith. I never could find a decent pic of Refkin , or maybe someone gave me one (streets?) and I never got around to adding it. I'll check.
jonesie
p.s. That photo is still hilarious though , isn't it? lol
Are you suggesting Refkin might have participated ...
... in something illegal at worst , unethical at best?
Say it isn't so , how could that be? It was said he was a humanitarian , at the forefront of his profession , and a helper of the needy.
These individuals (Chas Fritz, ex-NEOM CHOB & Al Refkin, both affiliated with US Business Finance) that you so freely choose to besmurch(sic) are at the forefront of their professional business practices and are also recognized as humanitarians. I bet they do more for the needy and misfortunate(sic) in one year than you and I have probably done in our lifetimes. ... Who says we are being sold out? You? Outsourced yes, sold out, no.
One thing is certain ... in spite of Refkin-aggrandizing statements to the contrary , while enriching himself he actively set the stage to cost you and me and hundreds of other NeoMedia shareholders millions of dollars while selling us out to Cornell for his pieces of silver.
jonesie
Had we had that promised shareholders meeting ...
... it would have taken place this last Wednesday and would have tried to stop by. It would have been interesting to see if anyone was really home (as in 'knock knock, anybody IN there?' lol) in addition to seeing their physical manifestations.
But , alas .....
jonesie
and Picksit , re network ....
.... below is the most updated version. It dates back to July of this year.
I've done no digging or updating of Yorkville's exploits or NeoMedia's numerous 'connections' in quite some time ... haven't had much time for that. Plus , adding more to the already huge amount of analysis provided on these subjects seems like gilding the lily , or overkill.
jonesie
That really is old news ...
... but still as 'fascinating' as ever.
The link below wasn't the first time this NeoMedia-related network was shown, but it is one in a chain of graphics I provided showing this particular good ol' boy network. Dodge is a featured component.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28569015
jonesie
"may not be acting in the best interest of the shareholders"
lol , may not? You realize at this point in time when you say directors you are talking about J.J. "Leaky" Keil and George O'Leary , Yorkville's man-on-the-scene , right? Them and the new guy , Iain.
You know who George O'Leary is , right?
You know about J.J. Keil's various affiliations , right?
Those are the "directors" you are talking about. Their "primary duty" is to look after the "best interest" of the majority of shareholders , and the majority shareholder is YA , and they are looking after them just fine , with no "may"be about it.
Next question?
jonesie
"other than to string along shareholders"
LOL , keerectomundo , and didn't TIV exhort shareholders to put their shares in certificate form? The ones who did that probably had to go to a lot more trouble to sell their shares while TIV has been tanking , with the trouble perhaps keeping them from doing it until later, if at all.
"Yes shareholders, put your shares in certificate form and store them under your mattress, we wouldn't want you to make a mistake by realizing profits or preserving profits by selling before TIV gets to a buck and change, even though the shorts I hate so much are making a killing off my stock, shorting after I tout some safe-harbor protected bs or other in a PR, and covering when I don't come through.
WE want to be able to sell shares at the highest price possible when WE need to raise cash, but we sure don't want to be competing with YOU when we need to print some shares and sell them! See how well putting your shares in certificate form worked out for you, shareholders? It totally kept the shorts from shorting and kept your PPS high! Well, except for those million plus shares they shorted to the Russell crowd we sucked in by getting our price up in the nick of time for about 15 seconds, and, well, except for whenever else shorts wanted to short, and except for this meaningless drop to a buck and change for no good reason. Other than all of that, that suggestion worked out great didn't it??!!"
LOL, jmho
jonesie
Stock market exchanges love ripping people off
Change in short interest reporting
http://www.nyxdata.com/nysedata/Default.aspx?tabID=155&id=435
Now they want money for it LOL
http://www.nyxdata.com/nysedata/NYSE/NYSEShortInterest/tabid/748/Default.aspx
I'm sure there is another source of this info, just haven't taken the time to look. My guess is that shorts covered another chunk of shares while the price continued dropping or stagnated. It almost doesn't matter what the short interest is, at this rate in another few months of TIV-talk but no reported significant production shorts will cover whatever they want and TIV's price will still be way below the $8 Russell folks paid a few months ago. And below what Gamble's average is.
JMHO
jonesie
drmyke, I think when a public company ...
... wants to continue being a public company and benefit from access to the public markets and be able to print shares to give to a loan shark ... err, I mean, a supporting financier in return for money with which to continue to pay salaries, benefits, expenses, handsome exit packages, etc ... I think when a company does all of that and wants to stay public, yes indeed they are obligated to hold an annual shareholders meeting.
Obviously our management hasn't felt the need to live up to that obligation in quite some time, and they're too far off the SEC radar for the SEC to force them to live up to that obligation ... or be delisted.
jonesie
p.s. the 'loan shark' is the 'fishy' smell someone noticed.
p.p.s. of course, I hope nobody would be expecting to cast a meaningful vote at such a shareholders meeting, since the company has stated in its very own SEC filings that YAGI, by virtue of all of the debt obligations it holds, has a deciding vote on an 'as converted' basis. You might be invited to vote, and you might vote, but it would be futile lol.
Is it being negative ....
.... when a statement is merely ... correct?
"Just a wild guess , but .... not NeoMedia?"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34078639
I know you didn't, but I hope nobody else really thought a big player would actually pre-load a reader put out there by the technically bankrupt-forty-times-over NeoMedia with a toxic financier who has driven 200 other companies into the mud with their ... support.
And now we see ... once again ... that Neomedia, Iain, their technical advisors, Dr. Steinborn, George O'Leary, Chip, Frank and everybody who has come before them have been totally full of it and hold NO cards and have NO horsepower to do anything but be 100% ineffectual and throw the occasional contemptuously insulting bone to the shareholders via the blogger du jour or a one-way 'conference call'.
There should be laws.
jonesie
"who is the provider of that QR Reader?"
Just a wild guess , but .... not NeoMedia?
Wish it were otherwise .... just once.
jonesie
geo, I don't see where the short interest was published today.
Maybe tomorrow. It should have been published today.
Those others are doing the heavy lifting for us ...
... and one is even collaborating with us while suing us.
Soon, very soon.
jonesie
DOGGR TABLES SHOWING AUGUST PRODUCTION
Interesting to see the numbers on the OPI site vs the FTP site.
The OPI site numbers , shown in the first table below , show the non-confidential wells and include S. Belridge and Edison. As you can see , August oil production for these wells seems to have been substantially lower than July Production.
The FTP site numbers which I posted about a week ago are shown in the second table below and include all wells including the 'confidential' wells at PV and Moffat , without the per-well detail. These totals are roughly the same as July's.
Not sure what to make of that obvious discrepancy other than remembering DOGGR telling me in the past that the FTP site sometimes uses estimates , whereas the OPI site incorporates the exact per-well detail which TIV provides them in their report. If that's what is going on here , then S. Belridge and Edison August production is 1000 bbls down from July for a 33% drop.
"$45 in '05" to $1.88 in '08?
Probably won't see a buck oh eight on '08 though.
About due for a 'nothing adverse to the Company’s operations has occurred to justify the drop in its stock price' letter?
Tom Cunningham is looking like a genius for leaving, exercising his options, and selling. Shorts are looking like geniuses for selling all those shares to Russell funds at $8.25 and covering much lower. Bell is looking like a genius for leaving while the PPS was still $4 bucks , too bad when he came on board the PPS was over $8 bucks.
"June 21, 2007"
Bakersfield, California - Tri-Valley Corporation (AMEX – TIV) announced today that Robert A. Bell, petroleum engineer, has joined the operating subsidiary, Tri-Valley Oil & Gas Co. as Vice President of Operations"
Why are all the 2008 Press Releases missing from the website? Temporary glitch? Concerns about all the misleading hyping of production rates? They'll probably show up again.
http://www.tri-valleycorp.com/investcenter-pressrelease.html
"the company itself buy at least 500 Million shares back"
With what? You do know where they get the their money for salaries, plane fares, rent and light bills from, right?
See a million bucks laying around which the company can spend on whatever they want?
Would it make sense for YAGI to buy back 500,000,000 shares while selling tens of millions shares on the open market every chance they get at the same time?
Regards to Berlin,
jonesie
.0016 ....
.... sure looks like the stock price of a company that's got something profitable going with Nokia.
Wait ..... maybe not.
Good post, geo
As far as the overall market correction mentioned in the post you replied to , here's how TIV compares with a few over time ... 5 years.
XOM and OXY , a couple of biggies , up over 100% in 5 years.
PQ , a smaller one , up what , 75%?
S&P 500 down 10-20%?
TIV down ~50%?
CFW , another 'stock consultant pumped' stock (exact same guy as the one who first pumped TIV years ago) , the only one down more than TIV , CFW down 80-90% in 5 years.
http://finance.yahoo.com/echarts?s=TIV#chart12:symbol=tiv;range=5y;compare=^gspc+oxy+cfw+pq+xom;indicator=split;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined
(Copy/paste that entire URL into a browser window URL field as clicking on it won't work.)
TIV's also at or near the bottom of the heap in a 3 month time-frame , in a 6 month time-frame , YTD , and in a 1 year time-frame. Over-spends and under-performs , a tough combination.
JMHO -jonesie
Exactly lemonhead1de ...
... when that 2005 PR came out, it was heralded as being a precursor to the 'lid blowing off'. Waiting for an official PR here makes sense, and what also makes sense is seeing some actual words from the company about how they will get some actual substantial revenues from any of this before getting all jiggy with it lol.
"Holy Xxxx, this is getting serious...Success, 35 models and counting. This whole thing is about to blow its lid. We are at the early stages of quantification. The speed of public acceptance and deployment will double in half time increments as we progress into FY-05. You watch, the next manufacturer to come on board will be LG. LG is hugh as an international cell phone mfg. and TS is specifically seeking them out in Vegas. With a rush of cell phone manufacturers comes a Service Provider contract. I still say Verizon/Vodafone is the likely candidate. Again, hats off to you for catching the PR."
And where did that get us? Uh, nowhere, in spite of all the excited "is's" and "will's" and "contract" words.
jonesie
That rabbit must be in there somewhere
I mean, remember this 'blast from the past' on July 7?
"I do not accept the premise of your post that there is "uncertainty" or doubt about these numbers.. the PR's are clear and unequivocal."
That was somebody named Jay (hmmm lol) who maintained that if Lynn said in May PRs that 1000's of BOEPD were being produced, then by golly that's what was being produced, every day.
Now we have actual May numbers, June numbers, July numbers and August numbers proving beyond a shadow of a doubt that those numbers in the May PRs were misleading at worst and at best were playing with semantics by saying XXXXX BOEPD on a certain day.
Why would a company do that with PRs? Pretty sick. It would be interesting to hear exactly why Bell left, I wonder if it wasn't stuff just like that and his reluctance to continue to be party to it.
Can't you just hear it? 'But, we're not actually PRODUCING that much!' Welllll, I knowwwwww, but if you read it real close I'm not saying we are, I'm saying we could be, or maybe we did it on one day, or we're anticipating it.' 'Yeah, but you're making it SOUND like we ARE producing that on a daily basis, and you KNOW some of our less intelligent shareholders will read it that way!' 'Well, if you don't like it maybe you better just go on down the road.'
Just one possible scenario lol.
Rabbit out of the hat, or more money down the rabbit hole?
jonesie
"it sure doesn't warrant"
When was anything TIV has done lately 'warranted'?
Buying CaCO3 mines, surveying gold properties, buying a copper property, buying and outfitting rigs only to sell them, 'paying forward' at Temblor, on and on. Sure, TIV is, at least temporarily, getting more oil out of the ground than ever before, but at what cost?
I'm sure it's been fun, but as you say, it's all 'marginal' and certainly hasn't 'increased shareholder value' in any measurable way ... like, raise the PPS.
TIV better show something tangible/concrete soon, or when those poor Russell sucke... ,er, I mean, Russell funds dump their shares in May, any of the remaining shorts that want to cover cheaply will find it really easy to safely dispose of the 'rocket fuel' without so much as a poot, much less a takeoff. That would be some amazing symmetry ... shorts sell 1MM plus shares to the Russell funds for over $8 bucks a share , then buy the same shares back from the Russell funds to cover at $2 a share.
JMHO
jonesie
Cool phone , thanks lemonhead1de ....
So , Nokia retails through AT&T and we sure are tight (lol) with AT&T who also retails the iPhone , a device manufactured by Apple who has 'endorsed' (lol) NeoMedia ... jumping jehosaphat , we must be embedded on this phone!!!
Amazing , Nokia has taken their evolutionary milestone phone and taken a huge gamble , embedding on it an application that has been dragged around the countryside by a series of high-paid but unsuccessful shills working (lol) for a technically bankrupt company backed by a vulture capitalist which has a long , long track record of diluting scores and scores of companies into permanent sub-pennyland oblivion while sucking dollars out of retail shareholders' accounts.
Only in America!
Oh , wait , Nokia didn't do that.
Better luck to us next time , there are still plenty of dots out there.
jonesie
DOGGR TABLE SHOWING AUGUST PRODUCTION
Oil at S. Belridge , Edison and Oxnard all roughly the same as July , total 309 BOPD. Still less than half of June's production.
August gas was roughly the same as July as well.
(July numbers in the post replied to , June numbers in the post July is in reply to.)
Where did all of this happy hooplah from May go?
"Production from 39 active wells reached 1,015 BOED on May 8, 2008"
"production rate in excess of 1,500 barrel of oil equivalent per day (BOED) on May 13".
"The most recent production test was made to measure facilities capabilities in anticipation of establishing a stable production rate in the 2,000 BOED"
"ex-management" ???
Unless someone working for YAGI isn't considered 'management' of one sort or another.
Lol , right on
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33834725
Scanbuy MUST be working hard doing the heavy lifting , hand in hand with NeoMedia , keeping it all hush hush wink wink behind the scenes , and this lawsuit is just part of the smokescreen.
LOL
"Can't SUPI use ....."
Yeah , maybe they can. (What technology is that exactly?)
If they can, what happened to the thousands (tens of thousands?) of rooms they already said they had? Like I said , they only mentioned LWSB and that is OLD OLD news. Did the settlement take the new stuff from them and keep them from doing it in the future? What is our CEO's name , and how many companies is he CEO of? (Sorry for the dangling participle.)
Why doesn't the telephone work all the time? (It's working now) Is it odd that the only contact phone number is for 'stock info' and goes to Ed Hart? Does their website look like they are actually doing anything? Does that phone number silliness make it seem like this pinksheet stock is just another scam whose only reason for existence is to PROMOTE AND SELL STOCK?
What's that 'technology' again? Is there some problem that cable systems in retirement communities, universities and hotels have with advertising that only SUPI can solve?
Who was buying this stock at 1.50 and close to 2 bucks? Was anybody really doing that , or was it just MM's and Ed Hart exchanging shares back and forth to simulate trading activity?
Just a few questions that I'd like to ask Ed sometime when I have time and when he actually answers the phone. It just so happens that the Southeast Director of the SEC is located right here in Atlanta , and her office is a couple blocks from my stomping grounds. She's a real go-getter and I've gotten pretty good at putting together the 5 or 6 bullet points which gets their attention on some of these stocks , and it may be about time to put the old word doc together on SUPI.
Are you listening Ed? Sure you are.
jonesie
I hope that's good news
Are telling us that all the rooms touted back in April by SuperWire are not 'ours' any more, like perhaps the settlement wiped out everything done since LWSB? That's what this PR sounds like, we're back to LWSB as our only customer. Wow , great job Heil/Hart , thank you. How many shares did you dump and how much salary have you taken while netting shareholders NOTHING?
April 2008:
"(RMG), has signed an additional 10,000 rooms this month to be supplied by its Ad Insertion technology. These hotels are located in key marketing areas of Dallas TX, Las Vegas NV, and Anaheim CA -- the Disneyland resort area. These 10,000 hotel rooms represent more than 2 million annual potential buyer viewings for advertisers when occupancy and turnover is considered."
In fact , I heard from someone who had talked with Ed (read my lying lips) Hart that there were 100,000 rooms under contract weeks if not months ago.
When did that buying at .25 start the other day? Before or after this news came out? Is Ed leaking again?
Would it be a fair assumption to say ...
... this lawsuit could possibly put to rest talk about Scanbuy and NeoMedia secretly 'collaborating' behind the scenes?
Example:
From JP: ""Also per BeConfident: "Tell me I’m wrong guys but pages 23-27 specifically speak to a new strategy to create a Universal Reader for BOTH Open Source “AND” Proprietary codes. EZ Code is in there, BeeTag is in there, Sem@code, etc. This would automatically imply that Scanbuy is working collaboratively with NeoMedia, presuming of course that they agreed to the strategy. But folks, the strategy is spot on! It makes sense for everybody.""
Yet another dot turned to dust?
jonesie
Yep , pretty funny!
Dream up something that sounds good. Then just say it , even if it has nothing to do with what was said just a few months ago.
But hey , it keeps their salaries being paid , and keeps the lights on in case of a small lottery win.
"reasonable" royalty charges? Anything that might seem "reasonable" to customers probably isn't going to do much for the earnings-per-share here.
JMO
jonesie
You say there is "opportunity" ...
... yet you ask someone else to post the positive potential.
"Can someone please post the positive potential of the patents NeoMedia holds and give possible examples of it's applications."
"In fact there is so much opportunity in this patent alone"
I'm sure that if the patents are 'upheld' intact there is some opportunity , if Google et al don't work around them and render them obsolete.
And that's the 'if' which is being awaited , the 'if' that will hopefully cause irrational exuberance until YAGI's true intentions are made known and the full weight of their ever-increasing ownership position is brought to bear on the situation.
The 'trick' will be timing the top of that 'irrational' peak.
JMHO
jonesie
SHORT INTEREST AS OF TRADE DATE 11/10/08
Short Interest for TIV as of Trade Date 11/10/08:
2,548,933 shares
Short interest was down around 80,000 shares during the most recent reporting period , which covers trading from 10/29 through 11/10. During this period TIV saw a high of $4.97 on 11/4 and a low of $3.25 on 11/10.
A lower high than in the last reporting period , and a higher high than in the last reporting period.
Month-----Shares Short---- % Change
---------------------------------
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%)
I'm not sold on the patents ....
.... to an extent which would allow for me to 'elaborate' on them. I'm just hoping for enough of an irrational exuberance-fed pop to get a few more bucks out of what are , at the moment , virtually worthless shares.
There's absolutely no empirical evidence that "many people would love to have them" , only some hopeful conjecture as to the EFF's motives in trying to have the patents invalidated.
Typically if a lot of people "would love to have" something the laws of supply and demand cause the price of that 'something' to increase. Contrary to that market truism , in our case the value of that 'something' , the patents , has decreased steadily over time , suggesting that nobody with any money really wants them.
Even when the PPS is flat and sliding along in the bottom muck near all-time lows , the actual value of the company/patents to us shareholders steadily decreases due to the ongoing effects of dilution and the increasing percentage ownership by YAGI.
JMHO
jonesie
Thanks streetz, appreciate that ...
... will listen to the company conference call this weekend for sure.
jonesie
You must know the answer to that already
====================================
Posted by: shafinn11 Date: Thursday, September 25, 2008 10:34:51 AM
The patents are what "sold" me. I wonder if we all believe in what we invest in?
=====================================
Pretty funny letter , as usual
Tri-Valley is affected (yep, they've been affected for a long long time now)
continue to work daily (well imagine that, thanks guys for not working every other day, or once a month)
to proceed (been proceeding for years .. getting anywhere?)
while coping (awwwww)
remain resolute (puhleeeeeeeeeeze lol)
in the final stages (that's what must worry the biggest longest-term 'true' shareholders)
mobilizing (is that like proceeding?)
newly acquired (has anything much come out of the oldly acquired stuff? I mean, anything like was SAID was coming out, like 2000 boepd? Every day? Who was telling me it was crystal clear that if TIV said 2000 boepd, that meant every day? LOL)
three new horizontal wells (goodie. That must mean the old horiz wells are going gangbusters and turning a profit. Wait ....)
highly oil-saturated (billions of anything? billions of equivalents of anything? saturatedest anyone has ever seen? fired off any core plugs lately? lol)
already on site (that's good, more stuff on site, getting stuff on site has really worked well so far)
presently steaming (6, 7, 8, 9 months of steaming now? how's that working out?)
will soon be moving (very soon?)
nearly double (why not bazillionable? don't stop at a paltry double, at least go for triple)
enables us (Hey , that HAS been a problem, OPUS investors and trust fund investors have been ENABLING TIV for years lol , to burn cash at a high rate)
correct planning (yep, more planning is always needed.)
to refabricate
exploit (I'll bet anyone buying at $14 or $10 or $9 or even $6 is feeling exploited alright lol)
making critical operating improvements (so, just how badly have you been doing things up to now?)
lower our lifting costs
enable us to depict a much stronger and more realistic reserve picture
egregiously wasted (kinda like OPUS's $100 mill? GTG's millions?)
production capacity should be up (wait, you said it WAS up, months ago, 2000 boepd , that's PER DAY)
stay the course (can we have a new catch phrase? like , SELL SOME OIL?)
pursuing
identifying
arranging
grow the Company
Depict a picture? Kind of redundant , Lynn. Instead of painting a picture , or any more depicting , how about some serious PUMPING AND SELLING?
pursuing? identifying? arranging? Again ... GROW THE COMPANY sooner or later will require PUMPING AND SELLING ... and doing it profitably.
Seems like Lynn is always rebuilding something or refrabricating something else to "current stringent environmental standards". I thought they already rebuilt all these steam gens , now they say they have an inventory TO refabricate? Sounds like all the retrofitting of the oil rigs they bought high and sold low. Must be fun playing at being in the oil business , maybe that's why Bell left , he signed up for REALLY being in the oil business and got tired of all the playing at it.
I guess those lifting costs must really be high for mention of lowering those lifting costs to be worthy of inclusion in this pum.. , er , I mean letter.
Sounds like more 'soon , very soon' geo lol
drmyke , that almost makes sense ...
... sort of a nice symmetry , considering that so many NeoMedia execs would have been great used car salesmen.
Obviously it has been far more lucrative being pennystock hucksters though , so maybe instead of painting they'll be content with the shellac-ing they gave shareholders LOL.
jonesie
Ahhh, the time-tested 'greater fool' theory ...
Sad when long time shareholders are reduced to considering 'hiding' the facts so that other sucke... er, I mean buyers will stumble in and raise the PPS so they can sell.
jonesie
p.s. I know you said that 'tongue in cheek' ;) But you sure received positive responses to the idea lol.
"...Big in Japan developed the 1-d barcode scanning OS for less then $275,000 developer award money from GOOG. How much has NeoMedia spent to date on this technology.....?"
On the actual technology? LOL. Very little. They just spent money on salaries, options that Chas & Pals could cash in, a retirement estate in NC, buying a worthless company that Chas & Dad sold to NeoMedia for millions of dollars, expense accounts, plane trips, fruitless shows with Qode Experience rental buses, more salaries, exit packages, high interest payments, high fees for expensive (to shareholders) loans, buying companies they quickly sold back for losses (buy high, sell low, that always works).
Makes ya wonder just where ALL those tens of millions of dollars really went ... and makes ya wonder if/when a scam ever actually stops being a scam.
jonesie
phoenix, you're right ...
... I actually ran calcs on that time period and YAGI's profit was probably closer to $731,000 , but it's in the same ballpark as your guesstimate.
So , from 7/14 to 9/19 YAGI only made $731,000 profit from selling NEOM shares. I wonder if they've converted any more between 9/19 and 11/18?
When I get a few minutes I'll run some more of YAGI's conversion history.
They don't necessarily need the share price higher ... they just need a bigger spread between their selling prices and 97% of the lowest closing bid price in the 30 days preceding their conversion/sale.
jonesie
"Anyone care to contradict"
It is indeed sad that it's so hard to "contradict" what's in the SEC filings , re: YAGI's conversion and selling of shares , pitiful revenues , accumulated deficit , and all of the 'Going Concern' language which holds ever greater sway over this debacle.
Every time they convert a few of their thousands of Convertible Preferred shares into 10's of millions of common shares and sell them , the outstanding share count increases by an amount equal to those common shares. Those are newly printed shares , they are created out of thin air on NeoMedia's virtual printing press , and they are sold onto the open market.
D I L U T I O N
jonesieHopingForSomeIrrationalExuberance
p.s. Everybody got their questions ready just in case NeoMedia actually takes some?