Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
cjzak , I will actually try to do that.
As I said before , I think everyone close enough to go should go , if for no other reason than to have more than 1 shareholder there lol. Invite friends to spend $10 and buy 3000 shares at .0035 in time to qualify to attend.
I'll say this ... if there is any way I can go , I will. I have recently made some commitments on a number of fronts regarding my time and it might not work out , but I'll try.
Sure , vote on some questions between now and then. However , I think it's pointless to ask 'what are you going to do' questions as it doesn't matter what they say on 12/10 , they can change it later , as we have all seen them do. I think it might be more productive to ask 'why did you do this?' sort of questions , kind of like the greedy CEO's being interrogated by the Senate committee members and being asked 'why did your personal greed and/or stupidity cause you to cause such problems?'
Of course , there are precious few remaining at NEOM who started this garbage and continued it over time , so unless JJ "Leaky" Keil is going to be present , there's not much point in even that. Wait , George O'Leary the 'turnaround expert' qualifies as one of the miscreants who wreaked mayhem on common shareholder equity in NeoMedia , he'll probably be there.
I'm sure we can think of a few questions the answers to which might be illuminating.
jonesie outta here
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
I quoted from the SEC filings.
I understand your question , by the way , and the nuances of those two phrasings. When NeoMedia has put that first phrase in their filings , and then gone on to explain just how many votes that entitles YAGI to , it appears they mean 'as if they have been converted'.
Somebody else can do that math-check though. It's a little hard to know exactly how NeoMedia is doing the math. As krays points out in his spreadsheet , and as I have pointed out in the past , YAGI at prices in this neighborhood has potential 'rights' to over 20 billion shares.
In light of that , where does NEOM get the number is this statement?
"the affirmative vote of the holders of a majority of the 3,230,944,960 outstanding shares entitled to vote will be required for approval (at least 1,615,472,481 votes)"
3.2B outstanding? What exactly does that include , when the actual outstanding was quoted as being somewhere over 1.3B in the latest filing?
Again , I'll leave that math and explanation to someone else.
jonesie
"You should try to locate the articles of inc."
LOL , that ain't happenin'.
I'm devoting far less time/energy to NeoMedia these days , I've written it off mentally , and basically only address the issues that I do address in the interest of what's factual and what's not , and what NEOM has historically done at the behest of YAGI and how that probably predicts what they will do going forward.
Hunt away if you're interested.
jonesie
One day the presentation might be viewable ...
... in the archives , but looking for past presentations' archives doesn't make that very promising.
http://www.equitiesmagazine.com/conference/conferences-webcast-archives.php
I didn't look thoroughly though.
jonesie
LOL beam , good point.
I see I dropped back by about the same time as your post.
Let me rephrase ... no more than a 1 in 4 chance. I think all of this special verbiage is clearly showing their intentions with regards to answering questions. If was going to be a real AGM they wouldn't append that word special to it. Maybe it will be an 'informational' AGM like that CC was an 'informational' CC lol.
Even though the 2006 AGM was pulled up to an early date out of 'need' .. need to protect YAGI's interests by ramming through the increased in the AS ... it wasn't called 'special' ....
"Dear Shareholder: You are cordially invited to attend the 2006 Annual Meeting of Shareholders of NeoMedia Technologies, Inc. The annual meeting will be held at the office of NeoMedia, 2201 Second Street, Suite 600, Fort Myers, Florida 33901, on June 7, 2006, beginning at 10:00 a.m., Eastern Daylight Savings Time."
... and questions were answered. (drmyke , how many attended that one?)
Maybe we've got a zero chance now , although what are they going to do , have security goons present and drag out anyone asking a question?
How many people reading this board might attend? 2? 10? How many total? 50?
NeoMedia has enough space in their 11,000 sq. ft. , especially in what was a big unoccupied room in back with a lot of empty cubicles left over from the previous tenant. They could shove those out of the way and accommodate 100 people easily. However if they rented that back space out , which Chip/Frank said was their intention , they're left with a normal sized conference room , a nice cozy environment for 20 or so.
Methinks they aren't expecting many folks to go to the trouble on a Wednesday. Monday or Friday would have made it easier for some folks to fly/drive in/out (lol, like someone would pay to fly to this charade) but Wednesday? The only benefit to Wednesday is maybe attendees will get to see what the headcount is now , how many were hired at 'breakneck speed' lol.
Hey , all of us Atlanta locals and Georgians could get friends to drop $10 on NEOM stock before 10/22 , early enough before 10/22 for settlement to occur if that's a factor , and we could show up with a coached crowd of 100 or so LOL.
JMO
jonesie
p.s. The only 'positively' interesting thing in that PRE14A IMO was that Argo and Apax are still holding , and holding more than 5% at that. Anybody else see that?
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
Look at some of the other companies ...
... 'presenting'.
A pink sheet company , some other 5-year 'done virtually nothing or lost' losers , one winner , and smwf.ob which trades at .0005 per share and Yahoo won't even pull up more than a 5-day chart on.
http://finance.yahoo.com/q/bc?t=5y&s=TIV&l=on&z=m&q=l&c=fndm.ob%2Czagg.ob%2Cudry.ob%2Caval.pk+enab.ob
Man , that was an illustrious group lol.
Probably better to stay out of the public eye. Remember that time TIV presented before those 'sell side analysts' for AMEX? That's when TIV really cratered , the cratering that waddazdpumperzd called to the day lol.
All JMO lol
jonesie
Tobin Smith? lol
I haven't kept up lately , but that IS a laugher.
On the other hand , Tobin is a well known shameless pumper who front-runs his picks before he picks them ... then keeps pumping them to his flock while he's selling.
While the market is certainly rocky lately and people are apparently dumping stocks like TIV ... there's also the chance that this historically-amazing slam-down to $3 is one of those 'let's take it down so we can load up before the next big pump' moves. Who knows lol.
$3.05 the other day. TIV hasn't seen numbers like that in years , since way before the 2005 runup.
Way to increase shareholder value , Lynn.
The last time TIV was in the $4's I think they had around 20MM shares outstanding , now they have over 27MM.
Uh , is that around 33% dilution?
Yup , that's increasing shareholder value alright.
Back then TIV had an Accumulated Deficit of around $8,000,000 , now it's around $33,000,000.
So , wow ... stock price lower than 5 years ago , 33% dilution , and a quadrupling of the accumulated deficit.
Increasing what?
JMO
jonesie
MobileTag raises 4 million euros to conquer Europe
excerpted: "The company announced it has reached financial balance during 2008."
(comment: how about that .. a startup in this nascent space has managed to hit break-even while NEOM plunges deeper and deeper into the black depths of YAGI's pocket.)
L'éditeur de solutions de marketing mobile a bouclé un deuxième tour de table. The publisher of mobile marketing solutions has closed a second round. La société se donne les moyens de poursuivre sa stratégie de croissance internationale sur le secteur des codes barres 2D. The company gives itself the means to pursue its strategy of international growth in the area of 2D barcodes.
code barre 2d mobiletag
Un code barre 2D développé par MobileTag © MobileTag A 2D bar code developed by MobileTag © MobileTag
Start-up française créée en 2006, MobileTag a annoncé le 8 octobre une deuxième levée de fonds de 4 millions d'euros auprès d'Alven Capital - qui apporte 2,25 millions - et de ses investisseurs historiques XAnge Private Equity et IDF Capital. French start-up founded in 2006, MobileTag announced on October 8 a second fundraiser of 4 million euros from Alven Capital - which provides 2.25 million - and its investors XAnge IDF and Private Equity Capital. La société avait réalisé un premier tour de table auprès des associés fondateurs en septembre 2007 pour un montant non dévoilé, "peu conséquent", indique Domenico Surace, PDG de MobileTag. The company had made a first round with founding in September 2007 for an amount not disclosed, "little consequence", said Domenico Surace, CEO of MobileTag. La nouvelle répartition du capital est également confidentielle mais la majorité reste détenue par les associés fondateurs. The new capital is also confidential but the majority still held by the founders.
MobileTag développe une solution complète (plate-forme d'encodage, décodeur, distribution) de codes barres 2D, ces petits carrés en deux dimensions qui contiennent des informations cryptées pouvant être lues, décodées et interprétées par les téléphones mobiles ( lire l'article : MobileTag transforme le mobile en lecteur de codes barres, du 05/07/2006 ). MobileTag develops a complete solution (platform encoding, decoding, distribution) 2D bar codes, these small square in two dimensions which contain encrypted information can be read, decoded and interpreted by mobile phones (see article: MobileTag transforms the mobile bar code reader of 05/07/2006).
En France, la technologie de MobileTag est en cours de déploiement : l'éditeur a signé en 2007 des accords commerciaux avec les trois premiers opérateurs de téléphonie mobile - Orange, SFR et Bouygues Telecom - pour embarquer en natif le décodeur de la norme utilisée pour les codes dans les nouveaux terminaux mobiles mis en circulation sur le marché. In France, MobileTag technology is being deployed: the editor in 2007 signed trade agreements with the first three mobile operators - Orange, SFR and Bouygues Telecom - to board the native decoder standard used for codes in the new mobile terminals put on the market. Un déploiement essentiel pour créer un écosystème favorable aux codes 2D comme solution de marketing mobile ( lire le dossier : Zoom sur les technologies d'interactivité mobile au service du marketing ,du 30/04/2008 ). A deployment essential to create an eco-friendly 2D codes as a mobile marketing (read record: Focus on technologies for interactive mobile marketing, 30/04/2008). Aujourd'hui, indique Domenico Surace, la solution de décodage et de lecture de MobileTag est intégrée dans une trentaine de terminaux mobiles en France, soit 55 % du parc total de téléphone du marché français, selon la société. Today, said Domenico Surace, the solution decoding and playback is integrated into MobileTag thirty mobile terminals in France, 55% of the total telephone the French market, according to the company.
Opération de codes 2D réalisée par MobileTag pour Universal Music © MobileTag 2D codes operation conducted by MobileTag for Universal Music © MobileTag
La société, qui réalise encore la majorité de ses revenus avec les opérateurs, a commencé en 2008 à développer son activité de prestataire d'opérations de marketing mobile : avec Universal Music pour le lancement du dernier album de Mariah Carey, avec la Ville de Paris pour des opérations événementielles en affichage, ou encore avec le Palais de la découverte pour l'exposition sur les volcans. The company, which still produces the majority of its revenues with the operators began in 2008 to expand its business operations provider of mobile marketing: with Universal Music to launch the latest album from Mariah Carey, with the City of Paris for operations in the event display, or with the Palace of Discovery on the exposure to volcanoes. Elle a également signé un accord de distribution avec le groupe PagesJaunes qui revend les codes barres 2D aux annonceurs de son annuaire papier. It has also signed a distribution agreement with PagesJaunes Group resells 2D bar codes to advertisers of its directory paper.
MobileTag a par ailleurs un contrat commercial de distribution avec le groupe Casino qui teste des dispositifs promotionnels via l'intégration de codes 2D sur le packaging de ses produits. MobileTag also has a distribution contract with the Casino group testing devices via promotional integration of 2D codes on the packaging of its products. La grande distribution et les marques de produits de consommation sont d'ailleurs des cibles prioritaires pour MobileTag qui voie dans le marché des objets communicants la possibilité de passer à la phase industrielle de commercialisation de sa solution. Large retailers and brands of consumer products are also primary targets for MobileTag that way in the market for communicating objects can move to the industrial phase of commercialization of its solution.
MobileTag a en outre mené en 2008 des campagnes avec Gillette en Espagne et Euronews en Europe. MobileTag has also led campaigns in 2008 with Gillette in Spain and Euronews in Europe. Toutefois, hormis en Pologne, MobileTag ne dispose pas de contrats commerciaux avec les opérateurs de téléphonie mobile sur les marchés européens. However, except in Poland, MobileTag does not have commercial contracts with mobile operators in European markets. Les quatre millions d'euros levés vont justement être investis dans la mise en place de forces commerciales, la signature d'accords avec des opérateurs et le déploiement de décodeurs dans les terminaux mobiles sur quatre marchés prioritaires pour MobileTag en 2009 : l'Espagne, l'Italie, l'Allemagne et le Royaume-Uni. The four million euros raised will be invested in precisely the establishment of forces, the signing of agreements with operators and the deployment of decoders in mobile terminals on four priority markets for MobileTag in 2009: Spain, Italy, Germany and the United Kingdom.
La société emploie aujourd'hui une quinzaine de personnes, à Paris. The company now employs a dozen people in Paris. L'Effectif devrait être porté à une cinquantaine en Europe d'ici la fin 2009. The staffing should be increased to fifty in Europe by the end of 2009. MobileTag, qui a distribué 277 000 codes barres en France depuis le début 2008, ne dévoile pas ses résultats financiers mais prévoit une multiplication par quatre de son chiffre d'affaires cette année par rapport à 2007. MobileTag, which has distributed 277 000 barcodes in France since the beginning of 2008, shall not disclose financial results but provides for a fourfold increase in sales this year compared to 2007. La société annonce avoir atteint l'équilibre financier courant 2008. The company announced it has reached financial balance during 2008.
"We are scheduling a Shareholder Meeting before the end of the year and shareholder questions will be welcomed during that forum."
Yeah , but that was then and this is now. They keep changing what they say. First , it was going to be a CC in August , then it changed to September. First it was going to be 75 minutes , then in reality it was 22 minutes or so. In a PR protected by Safe Harbor "no guarantees that we'll do what we say" language they said they'd answer questions at a Shareholder Meeting. Now they say they are going to have q Special Shareholder Meeting.
What are the odds this Special meeting won't simply be a counting of YAGI's votes and a nice "thanks for coming , thanks for buying shares and supporting our salaries/benefits/perks , talk to you next year , goodbye"?
I'll go on record right now and say we've got a 1 in 4 chance of a single question being entertained/answered. Hope I'm wrong.
jonesie
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
"How much of an increase are they proposing?"
It was nice of them to tell us .. wait , they didn't. In fact , they buried that little bit of verbiage way down in the filing , didn't they. They refused to put it right up front.
"Would an increase in the authorized negate the need for a reverse split?"
Perhaps the 'need' , but not necessarily the 'desire'.
More sucke , er , I mean shareholders are likely to trade a 3 cent stock or a .30 stock after a R/S than they are a .003 stock , thus providing more 'liquidity' within which YAGI can convert/sell more Preferred.
jonesie
"YA can not vote more than their 4.5%"
Au contraire , YAGI is specifically given the right to vote every share of common their financial instruments could be converted into on the date of the 14A. It's right in the SEC filing. Billions and billions of votes , more than 10% of the outstanding , more than 20% ,
"Series C Convertible Preferred Stock has voting rights on an “as converted” basis."
How many shares of common could the Preferred by converted into on the date of the 14A? It was billions and billions last time I looked , krays didn't break it out I don't think , but he's showing a combined total of warrants/debentures/Preferred of almost 22 billion. I don't think all of that can be voted as various warrants aren't 'in the money'.
"Approval To Amend The Company’s Certificate of Incorporation. For the approval to amend the Company’s Certificate of Incorporation to decrease the par value of the Company’s common stock from $0.01 to $0.0001 per share, the affirmative vote of the holders of a majority of the 3,230,944,960 outstanding shares entitled to vote will be required for approval (at least 1,615,472,481 votes)."
So , only 1.6B votes needed to pass whatever YAGI , er , I mean NeoMedia wants to pass. Think this vote will pass?
Vote 'no' , force YAGI to vote every one of those 1.6B shares to pass this garbage.
jonesie
Has this been posted already? If so ....
.... I missed it. This seems to be very telling as to what NeoMediaYAGI's intentions are:
Vote Required For An Increase In Authorized Shares Of Common Stock
Approval to amend the Company’s Certificate of Incorporation to decrease the par value of the Company’s common stock from $0.01 to $0.0001 per share will require that the holders of at least a majority of the outstanding shares entitled to vote thereon vote “FOR” the proposal.
Recommendation Of The Board Of Directors
Our Board of Directors unanimously recommends a vote “FOR” the approval.
6
"""""
Page 3 of the same filing shows that YA currently owns 21 million shares of common stock which is 1.6 percent of the class of common stock and a total voting right of 60.4 percent with their preferred stock.
If anyone hasn't read through this , I suggest you do. It's not that long , and it tells us what this company is really all about ... printing shares , selling shares , screwing common shareholders.
http://www.sec.gov/Archives/edgar/data/1022701/000114420408056844/v128341_pre14a.htm
Well said TVDirector.
And if YAGI is in violation of SEC rules on the front you mention , they have been and still are , and there should be current penalties for that before they are allowed to try and fix it and hope for retroactive dispensation.
I just read the Bena/Iain interview again as posted by Mae West and I must confess I am less and less optimistic about Iain. He's pitching the canned catch phrases with seemingly absolutely no reality behind them. Perhaps NeoMedia's horrible history for the last few years has conditioned me into being a glass half full guy with regards to them , but it just sounds like more of the same.
DrMyke , what exactly did they tell you at that AGM about what they WERE going to do with the 5B Authorized Shares? And what did they actually do , and how did that turn out? And of course you realize , whatever a CEO said at that time about what NEOM would or would not do holds no sway whatsoever over what they do now. Chuck's just one more in a long line of 'promisers'.
jonesie
Management giving YAGI rights ....
.... to something in excess of 25,000,000,000 shares at current share prices is a bit harsh , even coming from the succession of clowns who have been running the show at NEOM.
Playing games with the par value of the stock to benefit everyone but common shareholders is a bit harsh , even coming from the dictates of YAGI.
Whether or not I attend the AGM has nothing to do with this stock or this 'company' who remains public only to milk the system out of as much salary and perquisites as possible for as long as possible. The last time I went to NEOM HQ I could barely see through the smoke they were blowing. Gee , I wonder if it would be any different a second time? If it's convenient I'll go for fun just to see what happy nonsense the new guy will try to foist off on the attendees.
Regardless , I'll be voting my shares 'no' and I suggest everyone else do the same , if for no other reason than to force YAGI to vote their un-filed ownership of this company ... again. Their arrogance will most likely not go unrewarded lol.
jonesie
Yep , somebody missed big time.
And it can't be fixed retroactively either.
Whoever still has leaky friends should give them a heads up and let them know things will eventually go badly for them.
That particular meeting was called to raise ....
.... the Authorized Share count to 5B so YAGI would have lots of room to convert Preferred for more and more common shares without running into limitations.
As I recall , that meeting was hastily called and was much earlier in the year than the meeting normally would have taken place. They needed to give that gift to YAGI by virtue of clauses in various financings.
jonesie
Exactly , personalizit.
Even though Gaggy , I mean YAGI , can't 'own' more than 4.99% of the outstanding at any given moment in time , they can sure hold sway with their 'right' to billions of votes.
Hey , does having the right to vote way more than 10% of the outstanding (uh , maybe even nearly DOUBLE the outstanding?) mean YAGI has the same rights as a greater-than-10%-owner would have? Seems that way. Where's the SEC filing required when someone holds that much sway over a publicly held company?
Laws? They don't need no stinkin' laws , this is pennyscam country and they do whatever they please.
Thanks for pulling that up and putting it out. And the drilldown. Nice find.
jonesie
Laws? Laws?
They don't need no stinkin' laws lol.
They continue to do whatever they please , in any way they please , and say anything they please , even though every thing they have said in the past has turned out to be hype and lies.
What we really need is:
1.) Iain to stay in this country long enough to play Powerball a few times and win.
2.) Santa Clause to come early and leave Neomedia a large bag full of money that they can't spend on anything but have to show the cash on the balance sheet which will raise the PPS.
3.) The Tooth Fairy to give all her money to Neomedia instead of putting any under pillows for the next 10 years.
4.) Chas to make a guest appearance at the AGM and give us another 'visions and goals' speech.
5.) More cool buzzwords like validation and embedment , more meaningless mentions of a list of carriers and phone manufacturers , and more mentions of giant brands who have no clue Neomedia even exists.
6.) Every shareholder to vote "NO" in person and by proxy and see what strategy comes forth to pass the vote anyway.
"they would not convene an ASM unless they had developments to announce"
People have thought 'stuff' like that in advance of every conference call (it wouldn't be 75 minutes if they weren't going to announce something great!) , before every ASM , with every hiring , before every promised interview with some blogger , etc etc.
Thinking they are going to do something or say something good for common shareholders has always been proven to be wrong.
"A complete list of the stockholders entitled to vote at the Special Meeting will be open for examination by any stockholder during ordinary business hours for a period of ten (10) days prior to the Special Meeting at the Company’s corporate offices located at Two Concourse Parkway, Suite 500, Atlanta, Georgia 30328 and on the Company’s website at http://www.neom.com"
It will be interesting to see what , if anything , they say in that 'list' about how many shares Yorkville will have rights to vote.
My thought: Everybody vote no , either in person or by proxy. The vote will still pass , and we can force Yorkville to tip their hand as they will have to exercise quite a few of the 'votes' they have rights to ... just like the rights they were given to vote at that last AGM "on an as converted basis".
If "the people on the outside of the company" knew "the same as what they know on the inside" , some of those on the inside would probably go to jail.
jonesie
SHORT INTEREST AS OF TRADE DATE 9/25/08
Short Interest for TIV as of Trade Date 9/25/08:
3,331,603 shares
Short interest was down 204,198 shares during the most recent reporting period. This period covers trading from 9/11 through 9/25 , during which time TIV saw an intraday low of $6.20 (on 9/16) and an intraday high of $8.59 (on 9/19).
(I imagine whoever covered those shares wishes they had waited.)
Month-----ShrsShort---- % Change
---------------------------------
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%)
$3.80 , yikes
12 trading days ago TIV closed at $8.14.
2 PRs in that time frame talking about gold , calcium carbonate and 'we're gonna' ... and one AGM where , as Lynn puts it each and every year , everybody voted yea and enjoyed a bus ride , and all are happy and on the same page.
Yet 1.3 million shares have traded in the 12 trading days since 8.14 (TIV hit an intraday high that day of 8.59) and TIV has lost 53% of its market capitalization.
53%. 56% from that intraday high. Those buyers have to be happy.
TIV is 33% lower than 'historical support' around $6.
Perhaps 'big money' is slamming TIV to the mat so they can load up cheap for the 'big run'.
Either that , or people are no longer buyin' what Lynn is sellin'.
Time will tell. At the moment all who have said TIV was going to rocket tomorrow , next week , next month , next quarter , next year ... have been horribly wrong.
I heard there were bets made elsewhere about whether TIV would see $5 or $10 first. I guess those pumpers might finally realize they've been wrong for years , and have missed every single call they've made by miles.
Okay , end of editorializing lol , back to the facts.
Newest short interest report will be out Thursday I think.
Perhaps we'll see July PV/Moffat production on the DOGGR FTP site soon.
TIV at $3.80 / share.
Dem's da facts.
jonesie
p.s. Lynn ... the PV wells aren't 'confidential' any more.
This was your first clue:
<a href="ftp://ftp.consrv.ca.gov/pub/oil/monthly_production_reports/2008/05-2008.pdf" target="_blank"ftp://ftp.consrv.ca.gov/pub/oil/monthly_production_reports/2008/05-2008.pdf</a
This was your second clue:
<a href="ftp://ftp.consrv.ca.gov/pub/oil/monthly_production_reports/2008/06-2008.pdf" target="_blank"ftp://ftp.consrv.ca.gov/pub/oil/monthly_production_reports/2008/06-2008.pdf</a
alexyba , my main thought is as I stated earlier ...
... that PV isn't really confidential like TIV might have thought it would be. The individual wells breakdown doesn't show up on DOGGR's OPI site , but the PV results as a whole did show up on their FTP site.
And the increased revenues showed up in the 10-Q , although my quick calcs seemed to indicate there might have been something in oil and gas revs besides , well , oil and gas.
Wow , 5.08 with a low of 4.85 on 200K+ shares. Doesn't speak too positively about info shared at the AGM.
jonesie
"on the Pleasant Valley properties which also on confidential status with the California Division of Oil, Gas and Geothermal Resources"
Do you suppose Lynn realizes that those wells' production IS shown on the DOGGR FTP site?
(Do you suppose he realizes that he left the word 'are' out of that sentence?)
And that their production in May/June, when added to the production of all of the other wells ... did not equal the dollars he showed in the 2Q08 Quarterly report under 'oil and gas revenues'?
I wonder if anyone asked about that at the AGM.
jonesie
My experience with lack of trade 'execution' ...
... keeps supporting my theory of most of these trades being bogus , along with the bid/ask most of the time.
If that Bid (0.35) was anywhere near realistic , my trade would have executed.
'05/'06/'07 AGM/NEWS/PPS Comparison
We'll be able to add 2008 soon.
NOTICES TO DRILL, RE-WORK, ABANDON
0 notices to drill for Tri-Valley for weeks ending:
9/6/08
9/13/08
9/20/08
Nope , not trying to buy
I said "sell order".
I think the trades we see at .35 are bogus share swapping between MM's who try to stimulate some action every now and then.
If 5000 shares can trade at .35 ...
... and 10,000 shares can trade at .35 , then one might think the little test balloon sell order for 1200 shares I've had in for a few days at .35 might execute.
I'm just never sure if the 'trades' we see in these junker stocks are real or not.
Good luck to us all!
jonesie
Statement of Securities and Exchange Commission Concerning Short Selling
FOR IMMEDIATE RELEASE 2008-235
bold added by me
Washington, D.C., Oct. 1, 2008 — The Securities and Exchange Commission today issued the following statement concerning short selling:
The Commission has taken steps during recent weeks to address concerns regarding short sales in light of the ongoing credit crisis. These efforts relating to short sales have focused particularly on the securities of financial institutions whose health may have an impact on financial stability. The steps the Commission has taken are designed to ensure the continued smooth operation of orderly markets. Our actions have been taken in consultation with regulators of the major developed securities markets around the world, with whom we have coordinated in monitoring market reactions.
Additional Materials
* Order Extending Emergency Order to Enhance Investor Protections Against Naked Short Selling
* Order Extending SEC Order Easing Restrictions on Issuers to Re-Purchase Their Securities
The Commission notes that short selling plays an important role in the market for a variety of reasons, including contributing to efficient price discovery, mitigating market bubbles, increasing market liquidity, promoting capital formation, facilitating hedging and other risk management activities, and importantly, limiting upward market manipulations.
In addition, there are circumstances in which short selling can be used as a tool to mislead the market. For example, short selling can be used in a downward manipulation whereby a manipulator sells the shares of a company short and then spreads lies about a company's negative prospects. This harms issuers and investors as well as the integrity of the market.
This kind of manipulative activity is particularly problematic in the midst of a loss in market confidence. For example, in the context of a credit crisis where financial institutions face liquidity challenges, but are otherwise solvent, a decrease in their share price induced by short selling may lead to further credit tightening for these entities, possibly resulting in loss of confidence in these institutions.
The Commission has recently used its emergency authority to minimize the possibility of abusive short selling as the Congress works to provide a comprehensive plan to stabilize credit markets and the financial system. Under this authority, the Commission's actions are limited to up to 30 calendar days, and may not be extended. To provide clarity about the future expiration of these actions, the Commission is announcing that each of the emergency orders issued on Sept. 17 and Sept. 18, 2008, will be extended to allow time for completion of work on the anticipated passage of legislation.
Specifically, the emergency orders cover the following:
* Temporary prohibition of short selling in financial companies. This order will be extended beyond its currently scheduled expiration, to allow time for completion of work on the anticipated passage of legislation. It will expire at 11:59 p.m. ET on the third business day after enactment of the legislation, but in any case no later than 11:59 p.m. ET on Oct. 17, 2008.
* Temporary requirement that institutional money managers report to the SEC their new short sales of certain publicly traded securities. This order will also be extended, to 11:59 p.m. ET on Oct. 17, 2008, but the Commission intends that the order will continue in effect beyond that date without interruption in the form of an interim final rule. The Commission will seek comments on all aspects of the anticipated rulemaking. Disclosure under the emergency order will be made only to the SEC.
* Temporary easing of restrictions on the ability of securities issuers to repurchase their securities. This order will be extended beyond its currently scheduled expiration, to 11:59 p.m. ET on Oct. 17, 2008.
In addition to these emergency orders, the Commission recently has taken action to strengthen the existing ban on naked short selling and to increase the penalties against naked short selling. Each of these actions will continue in force following expiration of the Commission's emergency orders. These actions include the following:
* Hard T+3 close-out requirement for naked short selling; penalties for violation include prohibition of further short sales without mandatory pre-borrow. The Commission adopted, on an emergency basis, a new rule requiring that short sellers and their broker-dealers deliver securities by the settlement date (three days after the sale transaction date, or T+3) and imposing penalties for failure to do so. If a short sale violates this close-out requirement, then any broker-dealer acting on the short seller's behalf will be prohibited from further short sales in the same security unless the shares are not only located but also pre-borrowed. The prohibition on the broker-dealer's activity applies not only to short sales for the particular naked short seller, but to all short sales for any customer.
The emergency order will be extended, and will now expire at 11:59 p.m. ET on Oct. 17, 2008, but the Commission intends that the order will continue in effect beyond that date without interruption in the form of an interim final rule. The Commission will seek comments on all aspects of the anticipated rulemaking.
* Repeal of exception for options market makers from short selling close-out provisions in Regulation SHO. This exception had permitted options market makers to maintain fail positions indefinitely. It was repealed effective at 12:01 a.m. ET on Sept. 18, 2008, through a final rule to eliminate the options market maker exception from the close-out requirement of Rule 203(b)(3) in Regulation SHO.
* Rule 10b-21 naked short selling anti-fraud rule. The new rule, which became effective at 12:01 a.m. ET on Sept. 18, 2008, covers short sellers who deceive broker-dealers or any other market participants about their intention or ability to deliver securities in time for settlement. The rule makes clear that such persons are violating the law when they fail to deliver.
The Commission staff will continue to monitor the impact of the rules regarding short selling.
http://www.sec.gov/news/press/2008/2008-235.htm
Yeah , TIV is pretty much back to ...
... a $6'ish area of support and spikes for various reasons.
Excitement over one PR or other , Index funds forced to buy in , etc etc.
LOL , the only reason there even was an 'uptrend' is because Tom Cunningham's share dump in January put in a low which made a return to $6 and any temporary growth after that look like an uptrend.
As long as there is a market out there ...
... with people willing to buy shares of NEOM stock from YAGI in the .003's and .004's , which YAGI gets in the .002's , then YAGI probably won't pull the plug.
And perhaps YAGI doesn't know exactly how this patent thing is going to come out , or if it will do NEOM any good however it comes out , so they'll hang in to see.
Mr. Market doesn't seem to think it's going to come out well for NEOM.
And I suppose if YAGI really thought it was going to come out well for NEOM , they'd stop dumping shares down here sub-penny.
JMO
jonesie
Well , just FYI
that's not a Press Release
It's an SEC filing.
And I love this part
http://www.sec.gov/Archives/edgar/data/1022701/000114420408055499/v127821_ex10-1.htm
in the attached exhibit:
"any existing events of default, whether known or unknown"
LOL
Either nobody knows if NEOM is in default , or nobody wants to say. I think we can be pretty sure they are, and YAGI can yank that plug any time they feel it's the best thing for them to do ... for YAGI.
jonesie
Are you talking about the 8-K filed with the SEC?
Where YAGI extended some maturity dates?
http://www.sec.gov/Archives/edgar/data/1022701/000114420408055499/v127821_8-k.htm
"Now do these amended claims become 'broadend if the submission is validated?"
USPTO site says amended claims cannot broaden the scope of the patent.
New claims might be able to.
JMO
jonesieNotKiddingREallyOutOfHereNowLOL
Exactly jcg
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32533073
Hopefully any such 'broadening' would help us get some business/revenues/royalties/licensing fees ... as opposed to simply being something a patent attorney can point to proudly but which doesn't actually do anything for our PPS.
Y'all have a good one.
jonesie
"including amendments or new claims they want to propose"
So long as amendments don't "broaden" the claims they are amending , they'd be okay as I read that.
And I suppose 'new claims', particularly those which haven't been part of other patents could be okay.
As I read this stuff it may be that old claims can be amended to move them away from any 'prior art' which caused them to be initially rejected in the reexam .... and that new claims can be added to the patent which is under reexam.
Any new claims , if allowed during the reexam process , could in fact serve to broaden the patent as a whole ... it's just the existing rejected claims which cannot be broadened.
Just a layman's interpretation and you're right , it's a bit confusing ... can't broaden a rejected claim , but can broaden what the patent covers as a whole? That doesn't quite make sense , which probably means it isn't correct lol.
And the big question would be .... after amending existing rejected claims and adding any new claims .... would any subsequent broadening put us in a good position with respect to what the EFF and others are so against ... or not?
jonesieStillNotAPatentAttorney
And personalizit ...
... that last post of mine to you was not implying that I am a patent attorney or that I slept in the Patent Attorney Holiday Inn Express last night. Those were merely quotes with links from the USPTO's stance/rules/regs on whether or not claims in a patent can or can not be "broadened" during an ex parte reexamination.
They can NOT be , despite certain unsubstantiated remarks made here in the past.
Since we have very few patent attorneys 'on board' about the best we can do in discussing issues such as this amongst ourselves is to access pertinent sections on the USPTO website and then logically interpret these sections and apply these interpretations to NeoMedia's situation as best we can.
jonesieHopingWeDon'tLoseOutInThisPatentReexam
LOL , often true personalizit .. but per the USPTO ...
... when it comes to 'broadening' claims during an ex parte reexamination ... it just ain't happening. They are not "permitted" and they will be "rejected".
"2258 Scope of Ex Parte Reexamination [R-5]
37 CFR 1.552 Scope of reexamination in ex parte reexamination proceedings.
(b) Claims in an ex parte reexamination proceeding will not be permitted to enlarge the scope of the claims of the patent."
http://www.uspto.gov/web/offices/pac/mpep/documents/2200_2258.htm#sect2258
"Such amendments, however, may not enlarge the scope of a claim of the patent or introduce new matter. Amended or new claims which broaden or enlarge the scope of a claim of the patent should be rejected under 35 U.S.C. 305."
http://www.uspto.gov/web/offices/pac/mpep/documents/2200_2250.htm
"Ex Parte Reexamination
In an Ex Parte reexamination, either a challenger or patent holder may seek reexamination of a patent based on patents or printed publications.[2] The requester files the request for reexamination and within three months the PTO determines whether a substantial new question of patentability exists.[3] If so, the PTO orders reexamination of the patent.[4] A determination that there is no substantial new question is final and non-appealable.[5]
If the PTO orders reexamination, the patent holder is given the opportunity to file a statement concerning the new question of patentability, including amendments or new claims they want to propose[6] (provided, however, that the claims may not be broadened).[7] If the patent holder files such a statement, the statement must be served on the person requesting reexamination, and the requester is given two months to file a reply to the patent owner's statement.[8] From that point on, the claims are examined without participation by the requester. Following the Ex Parte reexamination, the PTO issues a certificate canceling any claim determined to be unpatentable, confirming any claim determined to be patentable and incorporating in the patent any new claim or amended claim determined to be patentable.[9]"
NO BROADENING
My only concern is with the facts.
Best to stick to 'em.
jonesie