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Can't own outright , correct.
That's why they convert Preferred and dump on our heads.
But they still have voting rights totaling tens of billions of shares , so they control what the company does , doesn't do , and they will vote to exercise their ownership rights whenever it benefits them the most.
Here's what happens because they can't 'own' more than 4.99% at any given moment ... here's what they dumped on the open market last quarter:
07/14/08 21 10,000,000
07/22/08 21 10,000,000
08/04/08 42 20,000,000
08/05/08 63 30,000,000
08/11/08 42 20,000,000
08/22/08 21 10,000,000
09/03/08 21 10,000,000
09/15/08 75 25,000,000
09/19/08 60 20,000,000
That's 155 million shares. In two months.
They dumped those shares because they think there's really something really really good in the offing with NeoMedia. LOL
They dumped on the open market over 10% of that outstanding share count you were asking about , and they did it in about 2 months. The outstanding share count keeps going up (that's D I L U T I O N) , the price stays down , and between the conversion ratios and the constant granting of more and more warrants to YAGI their percentage ownership of the company gets higher and higher , so whatever NEOM 'might' be worth on an auction block one day will mostly go to YAGI , if not entirely to YAGI.
jonesie
p.s. YAGI believes in NEOM because they give them money? What's 155 million shares times the share prices on those dates? Wanna do the math? How much did YAGI 'give' NEOM in that first tranche? YAGI is getting a free ride , and between these perpetual share sales , the upfront 'management fees' and any repayments by NEOM , their net 'investment' is actually very low.
TOP INSTITUTIONAL & MUTUAL FUND HOLDERS
I'll update this sooner or later, haven't had much time for this lately.
One thing worthy of note: # of institutions holding shares climbed from 28 to 42 , at least in the July/September time frame. I wonder what the number is right now?
http://finance.yahoo.com/q/mh?s=TIV
I guess a lot of that climb was smaller Russell-indexed funds who bought in back when the PPS was $8.xx.
TIV is an excellent example of a stock being manipulated upwards and making it onto the Russell based on a snapshot of their market cap. during one short moment in time.
What was being said by the company and its agents in the time period leading up to that Russell snapshot?
Oh , yeah.
JMHO
jonesie
Yes , Sprint was his first employer ...
... after he graduated college and finished his Army stint.
===================================================
Mr. Hoffman holds a B.S. in electrical engineering from Auburn University.
====================================================
1983-1987
He was a Captain in the U.S. Army in Europe working in military intelligence from 1983 to 1987.
=====================================================
1987-1995
From 1987 to 1995 he worked in numerous positions in sales, marketing and management with Sprint's Business Services Unit.
=====================================================
I doubt his 13-years-past 'contacts' there did him much good while he was at NeoMedia.
JMHO
jonesie
The 85 mil is accumulated deficit ....
.... which began piling up long before YAGI came along.
Although YAGI has recouped much of its ongoing investment , there is math (which bleedingedge did a great job of providing) which shows they were 'owed' $47mil at the time YAGI put that number in Iain's contract.
jonesie
Does Neomedia still have a stake in 12Snap?
Form 8-K for NEOMEDIA TECHNOLOGIES INC
--------------------------------------------------------------------------------
8-Feb-2008
Entry into a Material Definitive Agreement, Completion of Acquisition o
Item 1.01. Entry Into a Material Definitive Agreement
On January 28, 2008, NeoMedia Technologies, Inc., a Delaware corporation (the "Company") entered into that certain Share Purchase and Transfer Agreement (the "SPTA") with Bernd Michael, an individual residing at Am Hövel 9, 40667 Meerbusch, Germany (the "Purchaser" and together with the Company, the "Parties"), pursuant to which the Company agreed to sell to the Purchaser, and the Purchaser agreed to purchase from the Company, 491,716 shares of common stock of 12snap AG, a Germany corporation (the "Shares"), for $750,000 in cash. On February 4, 2008, the Parties completed such purchase and sale of the Shares. Pursuant to that certain Option Agreement, dated April 4, 2007, by and between the Parties, the Purchaser had granted to the Company an option to purchase the Shares and on January 3, 2008, the Company exercised such option. As required by the SPTA, the Parties executed an Arbitration Agreement (the "Arbitration Agreement"), of even date with the SPTA, whereby the Parties agreed to settle any dispute, controversy or claim arising from the SPTA pursuant to the terms thereof. Copies of the SPTA and the Arbitration Agreement are attached hereto as Exhibits 10.1 and 10.2, respectively.
Back in Feb personalizit had this to say:
Posted by: Personalizit
Date: Friday, February 08, 2008 6:18:23 PM
In reply to: Gretsch who wrote msg# 138183 of 150366
It means NEOM no longer owns any of 12Snap. We got a little badly badly needed cash for the few 12Snap shares we owned. The agreement for part of the divesting of subs.
Nice gain , good timing.
What's with the 13,000 shares after hours taking TIV back down to sub-$3?
The open should be interesting.
Blast from the past:
"Tri-Valley Corp. forms mining unit
By Michael Baron
Last update: 9:22 a.m. EST Nov. 19, 2004
NEW YORK (CBS.MW) -- Tri-Valley Corp. (TIV:
tri vy corp com
TIV 3.88, +1.32, +51.6%) has formed Select Resources Corp., a mining unit. The company said the move was its first step towards creating a stand-alone company for its 42 square mile Richardson, Alaska gold exploration project and other mineral assets. Tri-Valley plans to eventually take this unit public.
The stock closed Thursday at $4.87, up 7
percent.End of Story"
4 years ago. Way to create shareholder value , TIV.
If you figure in the 33% dilution which Lynn has overseen , today's $3.88 is worth about , what , $2.50 in 2004 terms? The sub-$3 after hours is worth about 2 bucks in 2004 terms?
Which one of those is it ...
... that we owe over $4,500,000 and are way past due?
jonesie
Thanks streets ....
.... do we know if this is going to be a one-way CC , or will questions from shareholders be answered?
I wonder if it will be 45 minutes , or 23 minutes long , like the last 45 minute CC was lol.
jonesie
Yep , we talked about that article on the Cornell/Yorkville ...
... board back in January.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=26205033
Interesting that Ribotsky of the NIR group , another one of our favs , is mentioned but YAGI isn't.
I suppose NeoMedia's financier YAGI might have raised a stink , or raised some cash lol , to keep from being in that article. They really should have been in there , along with the stats on their clients' "Success".
jonesie
When TIV broke $6 to the downside ...
... after such a long time seeing $6 as strong support , it heralded a significant change in long-timers' sentiment towards TIV as an investment vehicle.
Until, or I should say if, sentiment changes again and a new trend evidences itself , it will be worth charting again.
I always used to say , buy TIV around $6 and sell at whatever profit percentage one was comfortable with ... 15% , 20% , many times even 30% ... and I said that would work , until it stopped working. Nothing goes on forever , trees don't grow to the sky , and apparently you can't make fools out of even a few diehards all of the time before they'll eventually stop drinking the koolaid and start dumping their shares.
TIV sub-$3. That's gotta make Lynn a bit ill. And it's gotta make Tom Cunningham feel better about his initial dump taking TIV sub-$5 lol. I'd guess he exercised the other 2/3 of his options before they expired in August , meaning he got a lot more than double recent prices for them. I guess he had to quit to be allowed to dump them , like that Select guy way back who tried to sell some shares and got yelled at ... so he quit before too long.
Geez , G.T. Gamble has watched $10,000,000 evaporate since the Russell reconstitution earlier this year. And he doesn't appear to be buying any of these 'cheapies'.
JMHO
jonesie
SHORT INTEREST AS OF TRADE DATE 10/28/08
Short Interest for TIV as of Trade Date 10/28/08:
2,630,394 shares
Short interest was down another 327,997 shares during the most recent reporting period , which covers trading from 10/10 through 10/28. During this period TIV saw a high of $6.00 on 10/14 and a low of $2.53 on 10/28.
Wow , the short interest is back where it was pre-Russell , back where it was before the shorts sold all those shares to the Russell-indexed investors for over $8 a share and cranked the short interest up to over 4,000,000 shares. The shorts seem to be winning fairly consistently.
Month-----Shares Short---- % Change
---------------------------------
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%)
Personalizit's reply to you said it best ...
... between the upfront fees YAGI gets , which really just means YAGI lends NEOM less money than is trumpeted , every time , and the money YAGI gets back via 'payments' NEOM has made to them , which is really just giving YAGI their money back , further lessening YAGI's real outlay ... and the constant converting/selling over the years , buying cheaper than you and I ever can by being able to go back in time and get 30-day-old prices less their discount and dumping at the prevailing PPS (they only convert when the 30-day spread is ripe for them to take advantage of) ... YAGI has recouped an awful lot of their 'risky' investment.
Don't forget the part where I said YAGI would like to sell the company , and my post allowed for that possibility. If an entity , at some point , thinks it would just be easier to buy NEOM and it's patents rather than worry about them at all , YAGI will be glad to sell NEOM and will take the lion's share of the "Success". If the patents turn out to be worth 'something' , YAGI will sell for a higher price and still take the lion's share of the "Success". Shareholders get the crumbs , if anything.
YAGI isn't in the business of financing winners. Their customers don't win. I went to a lot of trouble detailing those facts on the Cornell/Yorkville board.
I may be wrong as well , we've just got two different opinions on this perhaps. But history , SEC filings and facts bear out my opinion.
Good luck to us all.
jonesieHopingForARidiculousPopOneDay
OTT , re your earlier msg ...
... "the float will not be a problem"
The float isn't the problem. At a mere 1.3Billion shares or so, big deal. It's the ownership percentage YAGI has worked their way into that's the problem , that and the smart part of the market's knowledge that YAGI has rights to tens of billions of shares. The float is virtually unimportant these days.
re this msg: "the volume is not enough for YAGI to move enough shares to make anything significant. There has to be a light at the end of the tunnel or YAGI would use what volume we have to move their position and move on. If there is nothing good going on then why put money in for that many shares if there is not enough volume to move it??"
Again, I would think YAGI knows they can't move the billions of shares they have rights to at current volumes. Everybody here knows that , so why shouldn't they know it? Again , it's the percentage ownership they have bought and continue to buy that is our problem.
PPS stays down here really low for a long long time, in spite of the market 'heating up' , in spite of every little joint venture or LOI or MOU that NEOM PR's or leaks , the PPS stays way way sub-penny.
That's either because NEOM is a total dog because of management and financing and prospects , and the entire (99.5% of the) market knows it (most likely) , and/or because THE CRUSHING DILUTION OF TENS OF BILLIONS OF SHARES causes any potential new investors to walk away and find a better play.
Of course, those two things aren't mutually exclusive either.
But , I digress. PPS stays low. Somebody somewhere decides NEOM is worth something and wants to buy it. They don't bid up the PPS so we can all get our money back or make a profit ... they go talk to the person who owns NEOM. The owner has already put in writing that they have a minimum sell price of around $47,000,000 , and they'll pay Iain a handsome commission if he can sell it for that. At the time of that writing YAGI was owed , well , let's see , carry the 1 , wow imagine that , right around $47MM. (thanks for that math , bleedingedge)
A sale of NEOM could take place perfectly legitimately at that price , with YAGI getting every last penny and the stock symbol NEOM.ob disappears.
Or maybe somebody gets really jazzed up and offers to pay more. Here's where YAGI's higher and higher percentage ownership of NEOM comes into play ... for every dollar over $47MM someone is willing to pay , YAGI gets the lion's share of it because of all the Preferred and warrants ad infinitum.
Now , perhaps news of a buyer would leak , and some would hope shareholders would be rewarded (for holding a dying stock month after month , year after year , averaging down to no avail down through the .30's, .20's, .10's, .05's, .01's, .005's , yes, some really astute moves have been made and for that we will(??) be rewarded lol) and the PPS gets bid up a bit and the MM's who know the score help that move a bit and for every bit the PPS goes up YAGI owns a little smaller percentage of the company as their conversion numbers shrink.
But before things get out of hand , and while YAGI still has way more than the necessary controlling votes (on an as converted basis as we keep seeing in the filings) ... YAGI sells the company , pockets most of the money , shareholders who didn't sell on the 'pop' get any remaining crumbs , and that's that.
Say YAGI got $60MM (for what , we're still not sure lol , and we won't be until after a USPTO ruling , right?) and they take their $47MM or more they're owed , then they can take a pretty good percentage of the overage , and the 'crumbs' are whatever's left divided by the float (1.3B and climbing , where's that quarterly report?)
Or something like that lol.
There may be 'something going on' but it's going to be a hard row to hoe for 'us' to profit from it. Those playing for a .0025 to .01 pop with some new shares may do well , perhaps even better than that ... but those higher-priced shares probably aren't ever going to get happy.
Just one man's opinion , based on the SEC filings and on how 100's of these Yorkville and other toxic-death-spiral games have played out over the years.
jonesie
Couldn't have said it better myself.
Excellent concise appraisal of what I think is the most likely scenario.
And when they sell it for a price certain ... YA takes what is owed them (calculated a while back by a former employee and a few others as being around $47MM wasn't it? Higher now?) and if there's anything left , the crumbs will be divided up amongst the remaining common shareholders , end of story.
Just one man's opinion.
jonesie
"of the past"??
We just read about more dilution in the latest SEC filing. We just read about it last week. Of the past? When was THAT said?
On October 28, 2008, the Company issued the second Debenture in the amount of Two Million Three Hundred Twenty-Five Thousand Dollars ($2,325,000) in accordance with the terms of the SPA. .... At any time after the Transaction Date, the Investor shall be entitled to convert any portion of the outstanding and unpaid principal and accrued interest thereon into fully paid and non-assessable shares of Common Stock at a price equal to the lesser of $0.02 and ninety-five percent (95%) of the lowest volume weighted average price of the Common Stock during the ten (10) trading days immediately preceding each conversion date.
Even at .02/share, there's another 100,000,000 shares of dilution, and we're a long way from .02/share. At 95% of Friday's close of .0028/share, that one little tranche gives YAGI rights (more voting rights? lol) to another 874,060,150 shares. We're into the billions and billions and billions of voting rights already.
And then of course , after all the loan shark fees , in order to even GET that second tranche the company had to give another 450,000,000 warrants. Now I know , I know , gee whiz look at all those high prices on those warrants , that should get us just as excited as the options the Chipster and TurnYaAroundUntilYou'reDizzy O'Leary had in some verbiage somewhere ... that's the same kind of thing that elicits 'oh my , they wouldn't want warrants with prices like that unless they thought the PPS was going to go there! Whoopee , we're saved!'
In connection with the SPA, the Company also issued on the Closing Date; (a) a warrant for the Investor to purchase 100,000,000 shares of Common Stock at an exercise price of $0.02 per share, which such warrant expires on July 29, 2015,(b) a warrant for the Investor to purchase 100,000,000 shares of Common Stock at an exercise price of $0.04 per share, which such warrant expires on July 29, 2015, (c) a warrant for the Investor to purchase 125,000,000 shares of Common Stock at an exercise price of $0.05 per share, which such warrant expires on July 29, 2015 and (d) a warrant for the Investor to purchase 125,000,000 shares of Common Stock at an exercise price of $0.075 per share, which such warrant expires on July 29, 2015 (collectively, the "Warrants")
I wonder if those warrant quantities stay the same in the event of a 1:100 Reverse Split? Probably not ..... surely they'd be reduced proportionately ... surely.
As always , just one man's reminder of facts , along with a smattering of opinion.
jonesie
"We know as more ...
... Joe the plumbers get this plan the add(sic) dollars will follow, our stock goes up and we can all take a nice long vacation on a off shore Island for the rest of our lives or so (if anything is left after the come new capital gains tax!)"
I think if you change that to read "Yorkville Advisors' stock goes up and we can all take a nice long vacation on a off shore Island for the rest of our lives or so (if anything is left after Yorkville finishes all of their machinations to insure they own 95%+ of the company)" .... it might be closer to what the future most likely holds.
Of course that's not to say there won't be a few overexuberant pops caused by buyers reading some piece of news and not fully understanding who owns the company.
Every now and then penny stock traders do run across a stock in which they can make a lot of money if they get in and out at the right time, but typically those stocks don't have 6 times the Authorized Shares owed (illegally?) to their financiers at current share prices, with the financier's ownership of the 'public'(haha) company growing by hundreds of millions of shares with the SEC filing of the completion of each new tranche.
I'm thinking that the NeoMedia of the present isn't really set up to make a few diehard shareholders (I guess I have to include myself in that number, why sell here?) millionaires. The otcbb isn't set up to do that either. It's just set up to enrich the financiers, the market makers, and the company execs who come and go with their exit packages and, as exemplified by the likes of a Chas Fritz, hyping owners who dump all their shares for millions of dollars at the right time while pleading mansion-building expenses to those who will listen, even though they created nothing anywhere near worth the money they gave themselves.
As always, just one man's opinion. Good luck to us all, I suppose a miracle could occur. ;)
jonesie
Short interest through 10/28 ...
... will be out on 11/11
'splain it to us.
Collaboration is the word alright ...
... between Yorkville and those who are trying to help support the price while YA dumps some shares.
Interesting coincidence, arrivals and 20MM shares dumped.
Collaboration indeed.
Thanks for the reality check streetstylz.
Your thorough knowledge of all the PRs , along with what from them has taken place (precious little) and what has not actually been borne out by execution (tons of broken promises and vanished hype) , is very helpful.
jonesie
Perhaps they don't need ...
... to even bother with a 'shareholderS' meeting when the only shareholder that matters is YAGI.
They'll do whatever they want to do, regardless.
And a SHM next May lol. IMO it is totally illegal what they're doing on that front ... if they want to remain a publicly traded company , there are rules to be followed.
jonesie
A/S 5 billion shares
Currently, anyway.
O/S 1.2 or 1.3 Billion, maybe a bit higher by now
Float ... well, insiders aren't holding many , if any , so I guess most of that O/S is in the 'float'.
Important: Convertible Preferred shares, warrants, etc held by NEOM's toxic financier Yorkville Advisors (formerly Cornell) give YA rights to something over 20 billion shares if I recall correctly.
That number fluctuates with the share price. Back when the share price was .008 the company actually said in an SEC filing that all financial instruments together could be converted into 7 or 9 billion (which was it guys?) shares. We talked about that amazing number a lot, in light of the 5B A/S ... and in the company's next SEC filing they decided to leave that number out , as it would have been much higher and , well ... scary lol.
Anyway , YA has been moving steadily towards an increasing percentage ownership in the company , by way of their 'rights' , not by way of direct share ownership at this particular moment. They'll exercise those 'rights' when the time is 'right' ... for them. Meanwhile there has been a steady drumbeat of YA converting Preferred Shares and dumping them on the market, and that , combined with the knowledge of their 80-97% ownership depending on how YA decides to play this , has helped to drive the PPS down to low sub-penny.
FWIW and FYI
jonesie
Yeah , of course it's been known JP.
We've known it , NeoMedia's known it.
What I said was , it's finally being clearly stated in PRs. They clearly spoke to the value proposition in this PR , and in the Format Dynamics PR. Previously , most of the PRs talked about 'rich and relevant' barcode reading experiences , without mentioning why the companies footing the costs for these campaigns would want to do so.
Good to see them being more clear. Now , if anyone with money is reading the PRs and believes NEOM might be worth something in the future , maybe the PPS will go up.
jonesie
"Each scan that triggers a visit to a promotional site can be traced and tracked, enabling 100 per cent measurable activity and feedback on the performance of the promotion, and therefore 100 per cent measurable ROI on the mobile marketing spend."
They're finally , clearly , putting NeoMedia's only possible value proposition in the PR's.
Costa Rica ... I guess it is what it is. With a population of 4MM+ , it's the size of one decent sized American city.
http://en.wikipedia.org/wiki/Demographics_of_Costa_Rica
Hopefully their mobile data packages are priced commensurately with the average income there.
http://www.associatedcontent.com/article/354263/a_look_at_salaries_and_employment_benefits.html?cat=16
http://www.tinygrass.com/2008/04/costa-rica-monthly-family-budget-from-al-dia/
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
Thanks Howard.
As guilium says , interesting. Who knows what sort of agreements are made during an exit. Was there an exit package? I don't think TIV makes those public. Was buying those shares a condition of retaining all of those out-of-the-money options? Or was it purely a sign of his confidence that TIV should be trading higher than $3.18 before too long?
Insiders sell for any number of reasons. Typically they only buy for one.
Hopefully TIV will perk up before long. 3Q08 quarterly report due out in a couple of weeks? It will be interesting to see July , August and September's oil/gas revenues.
Good luck to all.
jonesie
Yes indeed.
Mine was really a very simple, concise and accurate statement.
flout -
Part of Speech: v
Definition: to treat with contempt and disregard
http://dictionary.reference.com/search?q=flout
SEC FD regs -
Fair Disclosure, Regulation FD
On August 15, 2000, the SEC adopted Regulation FD to address the selective disclosure of information by publicly traded companies and other issuers. Regulation FD provides that when an issuer discloses material nonpublic information to certain individuals or entities—generally, securities market professionals, such as stock analysts, or holders of the issuer's securities who may well trade on the basis of the information—the issuer must make public disclosure of that information. In this way, the new rule aims to promote the full and fair disclosure.
http://www.sec.gov/answers/regfd.htm
Hope this helps.
jonesie
"This press release contains forward-looking statements that involve risks and uncertainties."
Man oh man , truer words were never spoke. A whole lot of past 'forward looking' statements have fallen by the wayside.
"Actual results, events and performance could vary materially from those contemplated by these forward-looking statements ..."
Wow , I've already proven myself wrong. THOSE are the truest words ever spoken in a TIV PR.
"... which includes such words and phrases as exploratory, wildcat, prospect, speculates, unproved, prospective, very large, expect, potential, etc."
Yep , they used ALL of those words in the past. Along with 'billions' of one thing or another as I recall.
$2.5x LOD? I suppose many juniors are getting hammered , but there must be some OPUS guys , some Russell funds , perhaps a Director , and others who bought on all the promises who must be a little sick and tired of this particular junior and their lack of results relative to the promises.
JMO
jonesie
"To interact with 2D codes, Iusacell subscribers can download the NeoReader, which is a free universal mobile code reading application developed by NeoMedia Technologies and Gavitec AG - mobile digit."
And they couldn't do that a week ago?
"By installing the NeoReader, Iusacell subscribers will enjoy the value and convenience of a rich and relevant interactive experience whenever they encounter a mobile code."
So can every other carrier's subscribers , wow. Next PR: "Ford Motor Company employees and customers can download and install NeoReader, and enjoy the value (blah) and convenience (blah) of a rich (blah) and relevant (blah) ...... blah blah blah"
Sounds like same ol' same ol', another meaningless PR.
Wait , it's not even a PR , not even on NeoMedia's website, it's one of those pseudo-releases disseminated selectively through a blog ... which just happens to be run by a NEOM shareholder.
Does NeoMedia really think it's worth it to flout SEC FD regs that way in order to get a meaningless tidbit in front of a few IHUB board readers? Are they out of their minds?
jonesie
SHORT INTEREST AS OF TRADE DATE 10/9/08
Short Interest for TIV as of Trade Date 10/9/08:
2,958,391 shares
Short interest was down nearly 400,000 shares during the most recent reporting period , which covers trading from 9/26 through 10/9. During this period TIV saw , well , much lower prices.
Month-----ShrsShort---- % Change
---------------------------------
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%)
"companies looking at NeoReader behind closed doors" ...
... keeps changing to "more doors closing".
"the current par value MUST BE maintained at .01 and NOT reduced to .001"
And I MUST WIN the Mega Millions.
YA will win the vote. At least everybody else voting 'no' would force YA to vote more than 10% of the outstanding to win, and that could cost them down the road. But it won't put any money in our pockets.
Seriously, I've been observing for the last 7 days a sentiment you voiced earlier today: "Best thing we could all do is quit posting here."
Have fun. I stated all of the relevant FACTS a long time ago, and illustrated in 10 different ways how this would end.
jonesie
"The lower the PPS , the more shares they can convert their financial instruments into ... and the more shares they can convert into ... the higher their percentage ownership of the company."
July 3rd and prior.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30463902
"Do a R/S and keep AS at 5B , not so meaningless.
Shareholder vote to increase the AS to 20B ... YAGI wins that vote easily ... and again their percentage ownership goes up."
July 17th and prior.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30770550
The game of YAGI converting, diluting, gaining higher and higher percentage ownership with their rights to tens of billions of shares, and a R/S lets them truly exercise those rights .... has been known for a long time.
What I find interesting is that my math on this subject months ago was received with such resistance.
And now instead of a R/S (maybe) YAGI throws in the curveball of reducing the par value of the stock lol. It's certainly their game, we don't even get to play any more.
jonesieBackToNotPayingAttentionToThisOneOf200YAGISoapOperas
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
DOGGR TABLE SHOWING JULY PRODUCTION
OIL PRODUCTION SLASHED BY MORE THAN HALF VS JUNE PRODUCTION
BELRIDGE DOWN SUBSTANTIALLY
EDISON DOWN
OXNARD (PLEASANT VALLEY) DOWN HUGE
For comparison the June numbers are in the post replied to.
jonesie
10 Stocks Under Attack
By Rich Duprey October 17, 2008
Tri-Valley Corp
CAPS Community Rating 1 out of 5 Stars
Down $4.00 $-0.22 (-5.21%)
Since everyone loves a winner, it's reasonable to assume that everyone hates a loser -- everyone but short-sellers, at least. These contrarian investors bet that hot stocks are primed to fall, aiming to turn their pessimism into potential profits.
However, now that the SEC's ban on short-selling has come to an end, some will undoubtedly be tempted to blame the market's broad declines it has experienced in recent days on renewed short attacks. That's a dubious conclusion, but nevertheless, we'll take a look this week at companies on the American Stock Exchange with the largest percentage of their available shares -- also known as a company's float -- sold short.
Combining that with the collective intelligence of Motley Fool CAPS, we'll see which of these firms Fools believe still have the power to make short work of short-sellers.
Of course, this isn't a list of stocks to buy -- or short! These stocks could have serious problems that warranted their short interest, but they might also be stricken by short-term troubles. Only Foolish due diligence will tell you for certain; our 115,000-strong CAPS community offers just such a good place to start.
( entire article here: http://www.fool.com/investing/general/2008/10/17/10-stocks-under-attack.aspx )
The Oxnard wells ...
... as well as the Moffat well(s?) which are supposedly 'confidential' all appeared with production quantities on DOGGR's ftp site with June numbers.
We're waiting to see July numbers on the ftp site , and to see August numbers on DOGGR's OPI site. The OPI site doesn't show the 'confidential' wells.
DOGGR told me via email that they HAVE to show ALL production somewhere , and they show it on their ftp site. They don't show individual wells , just the field totals , but in the case of Oxnard the Pleasant Valley wells are all there is so it's clear as to what their total production was in May and June.
Hope this helps.
jonesie
Not really.
IMO NeoMedia is just like the 100+ other YAGI clients shown in Table A in the ibox of the Cornell/Yorkville board linked to in my signature.
A failed business plan + shoddy management execution + personal greed at the expense of shareholders = horrendous dilution and double-decimation of the share price. (.40 --> .04 --> .004 and worse).
JMO and hoping for some irrational exuberance sometime soon to provide an exit point resulting in a lessening of losses.
Have a good one.
jonesie
Sure , they have been 100% consistent.
I suppose consistency is a positive.
Except when it's consistently wasteful of millions of dollars , consistently making incredibly bad business decisions (SuperCompany) , consistently paying themselves exorbitant salaries/exit packages for no discernible accomplishments , and consistently unable to execute on any money-making business plan.
Plus , they might be in a market which has some upside.
However , the YAGI-math which has been increasingly forced into the equation makes it highly unlikely that common shareholders holding long will realize gains.
Just my two cents , or maybe 2 tenths of a cent.
jonesie
Yep , we will see.
We've certainly seen how everything else said by NeoMedia , or about what NeoMedia was supposed to be doing , was a bunch of malarkey.
So I suppose we'll eventually see what the real deal is this time as well.
"Maybe they did lead them" You can lead a horse to water , but you can't make NEOM stop printing shares for YAGI and you can't make YAGI stop dumping them on the market. By the time they're done , the opportunity for a retail shareholder to hold any significant value in NeoMedia stock will have disappeared. YAGI gets 90%++ , commoners get the crumbs.
MC2 breathes , wow.
I thought rigor mortis had set in.
Always funny how those who don't seem to actually do anything (NeoMedia, MC2) put out these blurbs talking about how they led the initiatives.