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Thanks Ron! Glad to see you here. I had to look up the meaning of the word enviable. LOL! I like that position!
Excel - Greg
34Simmons. If I remember right it was Ray that had gone to NY in the post Familyinvestor wrote. I forgot to ask John about that.
Excel - Greg
I talked to John this morning. He of course could not comment if they were in beta testing. Asked him if beta testing would be considered a material event. He said no. It would become a material event once the teleco they are doing the testing with was to sign an agreement to partner or license the technology. He said beta testing would be an everyday occurence. So you can see why it wouldn't be unless some type of agreement was to happen. There was talk about filing may come out tomorrow but more then likely towards the end of week. I asked what he knew about Beters involvement with SATX and his response was I probably know more then him about it. A non-concern for him. he stated that we will wake up one morning and the company would have a total differnt look to it. You can read into that what you will. That's about all. Time to continue to clean the blood off my Webstreet screen!
Excel - Greg
Castle. Okay fine I'm the last bull. I give up!!!! Sure hope Greenspan is watching this crap. I wonder where they get their new job numbers? Everyday I read the business section of the Seattle Times and usally see at least 3 to 4 companies laying off a huge amount of people. Hellllooooo Greenspan!!!
Excel - Greg
Goodmorning Ernie! I have this webster dudes book right next to my computer also for spelling. Can you imagine being him and his wife telling him to pick up a few things at the store and forgetting something. Wouldn't want to be in his shoes. LOL!
Excel - Greg
for you T.A. people I found some links and a board you might be interested in.
http://www.investorshub.com/beta/board.asp?board_id=329
Chairman: Vendit <profile.asp?User=3202> Director(s): Bera <profile.asp?User=3304>, tc <profile.asp?User=3205> Created: 1/20/2001 7:28:20 PM (ET) I created this thread to discuss whatever you have on YOUR mind. If you would like to learn and use TA the following tools are some that I frequently use: *Technical analysis and Donna's investing philosophy work well if used in tandem: <http://www.investorshub.com/beta/read_msg.asp?message_id=50972> #1- Technical Charting (I prefer this chart tool for day to day charting) <http://www.askresearch.com/cgi-bin/chart> http://www.askresearch.com/glossary.html#Bollinger <http://www.askresearch.com/glossary.html> #-2 Prophet Charts Java tool. <http://www.prophetfinance.com/charts/pc.asp> #3- Candles <http://www.offshore-investors.com/Candlestick.htm> and <http://www.litwick.com/glossary.html> #4- Bollinger Bands <http://www.bigcharts.com/intchart/frames/frames.asp> #5- Trend line charts will find support and resistance as well as breakout levels. <http://www.stockcharts.com/education/What/ChartAnalysis/trendlines.html> Chips main page: <http://stockcharts.com/> #6- Technical Analysis and Options Trading <http://204.244.168.151/education/education.cfm> and <http://www.intelligentspeculator.com/> #7- Technical Analysis Glossary <http://www.equis.com/free/taaz/> #8- Ask Vendit live text chat room. <http://www.investorshub.com/beta/live.asp> This thread has been established by me in an effort to teach technical analysis to those who wish to learn the art as well as being a forum to exchange investing ideas, charts and chit chat. Stocks discussed here are not meant as recommendations by me or others who post on this thread. This is a somewhat off-topic fun discussion thread but no personal attacks or spamming will be permitted. Vendit
Excel - Greg
Way2D. You had me going there for a second. Normal people! LOL!
Tiger. Hey if you feel the need to growl we can handle it. No scratching!
Excel - Greg
Ernie and Dutch. I believe you are right on the money. I think some of us who use the word product mean the licening of the technology. I think that has been very much out in the open of how this is to happen. from what I heard that went on at shareholder meeting is the NW guys wanted to do the whole thing. Products in all. LOL! I like their ambition but I'm not getting any younger!
Excel - Greg
Greg. Enjoy watching the Big Unit! I was able to watch him in Seattle. Watched him from when he was so wild no one wanted to bat against him. He didn't have a clue where the ball was going. Now as you can see he has turned into one heck of a pitcher. Nolan Ryan met with Randy quite a few times and helped him. Settled him down. He is a joy to watch. Back then the Marineers couldn't buy a ballgame. But I'd go just to watch him pitch. The Marineers if they stay healthy should be right back to the playoffs. The best thing they have done is get rid of their so called superstars. Talk to A-rod in July about how happy he is playing in the Texas heat. Money can't buy everything!
Excel - Greg
Elderwolf. I feel the same way that beta testing has started. Pengy brought up the point that testing may be looked at as a material event. I was wondering if anyone knew what the SEC considers a material event? Knowing what is and isn't a material event might help us in upcoming events to not have to guess as much. This would be another good question for John if this would be considered a material event. If answered yes we know it hasn't been started which quite frankly would put me in a BAD mood! LOL! I did ask John when we re-apply for Nasdaq would the second time be considered a material event. He said no.
Excel - Greg
I feel it is time for this company to get a REAL PR firm. They need to get the story out about the patch to the people who need to hear it. We have gone on long enough in this mode of operation. The dilution of more stock won't hurt in the long run for the RIGHT PR firm. As the dilution would be more then off set by the benefits of a PR firm. Those that are going to shareholders meeting if you get a Q & A time I'd appreciate this being brought up.
Excel - Greg
Family investor. Thanks for your thoughts on product development and for letting me know about the shares. Read what they say in about the fifth paragraph about the last mile. What alot of you have been saying and this author agrees with you all. Great article.
Surviving the Fall
Dot-bomb winter may lead to stronger, saner market
By Karen Brown
from the March 5, 2001 issue of Broadband Week
Oh, the agony.
With broadband startups shutting down, investors fleeing anything with a dot-com name and rose-colored glasses replaced by pink slips, this has been one heck of a Winter of Discontent for the once-golden broadband and telecommunications industry.
Success stories are endangered species on the Internet news wires these days, with forlorn earnings outlooks, reductions in capital spending, waves of layoffs and the government in the form of Alan Greenspan predicting the economic slowdown hasn't yet hit its trough.
Have we reached the bottom yet--the point of maximum pessimism--or is there still more misery in store? While it depends on who's talking, many experts are concluding the same thing--this supposed new Internet economy is acting suspiciously like the old one. With tried and true business sense re-emerging, the bust may be the best thing to happen to the industry long-term, they say.
But it won't be easy.
"It can and should get worse before it gets better," argues Doug Shapiro, a broadband analyst for Banc of America Securities LLC.
He points to two factors. First, there is a supply discontinuity in broadband network systems, with backbone capacity built out but last-mile connections remaining undersized. "The network is like a big chain and it can only hoist as much as the weakest link," Shapiro says. "As long as the last mile remains weak it is going to decelerate the chain."
Second, a lot of sectors simply were overfunded, he says. Buoyed by the giddy Internet craze in 1999 and early 2000, investment money flowed in--particularly to competitive LECs--with little examination of the underlying business plans. "Any moron who could put pen to paper could get a million dollars," Shapiro says sourly.
With investors now wising up, these poorly planned businesses are not getting funding to continue and are dying out. But there still are a number of these ailing companies that haven't yet breathed their last. "It's a natural cycle of overcapitalization followed by shakeout," Shapiro says. "Once that is done you will have some stronger companies that will survive. But it is a long way from being finished."
Time is indeed a factor, according to Shane Greenstein, associate professor of management and strategy at Northwestern University's Kellogg Graduate School of Management. He says recent Federal Reserve moves to lower interest rates and stimulate the overall economy may help matters, but it will take a good six months to see it in the market.
Even then, the industry is plagued by venture capital wariness, and investment in Internet-related companies "is going to be flat on a protracted basis for the foreseeable future," Greenstein predicts. As for equipment, "there is no way we are going to see the same demand as two years ago. But there's no way we are going to go lower."
Ken Goldstein, an economist for the Conference Board, believes this downturn is a natural market equilibrium process--and is nothing to panic about.
"Part of what you are seeing, in addition to everything else, is just simply a market trying to find what are people comfortable with," he says. "To that extent I think the wobbling--it's not necessarily the decline--but the wobbling is probably going to go on for a while."
As evidence, Goldstein points to the average price-to-earnings ratio of corporate stocks. "A PE ratio of 12 to 15 was about standard," Goldstein says. "Then all of a sudden they went up into the 15 to 20 range and then the 20 to 25 range and they got all the way up to 36 in the summer of 1999. They have sort of come back down to 25.
"The question is, where are we going? Not in terms of anything else but just what's a quote 'normal' ratio these days? Is it going to go back to 36? Probably not. Is it ever going to go back to 10 or 15? No."
For KPMG LLC optical and network equipment expert Ed Rodriguez, the gloom also is likely more of a blip than a long-term blight.
"Obviously, we are going through a bit of an unsettling time right now, and I think it's not just limited to the communications sector. How long that will continue--I frankly, not withstanding some of the recent press that's been out there, would be surprised if it goes much beyond the end of the summer," he says. "If you just step back from it all, this is just the very beginning of what I think is going to continue to be an explosion in the overall evolution of the Internet infrastructure."
But the mounting attention to the slowdown may indeed have an impact, Rodriguez acknowledges. "It's pretty clear that when you've got the big carriers cutting back which have such a significant impact on the entire industry and when you see what's happened with the dot-coms, there's nervousness out there. People are concerned, and they are saying 'Wait a minute. Let's hold off here,'" he says. "There is just a lot of noise in the system that has got everyone concerned and what that's probably going to do is add at least a quarter to what might have been a quicker recovery."
Even among the affected businesses there is concern but not panic. Internet equipment giant Cisco Systems Inc. is among the businesses feeling that economic pain as network operators scale back on their gear orders. Larry Lang, vice president of the service provider market business, says it is a predictable hangover caused by the market over exuberance in 1999, but it is not a reason to get out.
"What we're experiencing is a bit of a lull in the growth rate," he says. "I prefer higher growth--if we are taking a vote I vote for more of that, please. But we're financially sound."
This isn't the first time Cisco has seen a market sour; Lang points to the Asian markets a few years ago. If patterns hold, he predicts anywhere from six to 18 months of a bear market based on historic trends.
"It's mostly an emotional shift more than anything else," Lang says. "It's a funny part of human nature that during the up times people try to convince themselves that it will never end and during the down times they scare themselves into thinking the downtime will never end."
To turn things around, Lang says service providers need to realize the downturn is not permanent and start forward with their rollout plans. There may be more of an emphasis on boosting customer take rates and revenue.
And it is important to note while Wall Street has been a wild ride, the customer uptake of broadband and Internet services has trended steadily upward.
"That's an important point because what that says is the base demand is strong," he says. "This isn't some fad--this isn't some pet rock thing. This is something that adds value and it will be as important a part of the landscape as the telephone network or the transportation infrastructure or any of these sorts of things, with a lot of great growth ahead of it."
All in all, the experts are consistent in saying while it may be a painful period, there is little reason to believe the Internet economy--and broadband in particular--will suffer permanent harm.
"Long term, the prospects in broadband have got to be good; there's just too much capital tied up in it and too many interesting applications (coming) down the line," Greenstein says. "In fact, some of this is okay in a Darwinian sense. It is sad, but it is what capital markets do well--the weak are eliminated and what remains is stronger on the whole."
Recovery will require companies to gain a more realistic market strategy, rather than the many unprofitable ones they are now offering, Rodriguez advises.
"Businesses are going to have to focus a lot more, and this will result in continued layoffs--it will result in spinoffs of businesses," he predicts. "I believe six months out we will begin to see additional merger and acquisition activity as these businesses begin to look for other people to run the businesses that heretofore have been part of a much more complex organization, so these organizations can begin to focus on what their core competencies are."
And Cisco's Lang thinks such lean, mean companies will get back in investors' good graces.
"The Internet is a very powerful, important thing with many years of good business to generate for all of us, both on the equipment side and the service provider side," he says. "But that being said, it is not a license to suspend the laws of business."
When all is said and done, Goldstein says the downturn won't go down in market disaster history alongside the Great Depression.
"We won't be having this conversation six months from now," he says. "The other side of the coin is it's only just a couple of months. For people whose idea of long term is tomorrow, this may seem like it's gone on for an eternity. But in fact it isn't that sharp and it isn't that long and it isn't that severe."
The bottom line for Goldstein is a variation of the old saw: everything new is old again.
"It's not as if because it is happening today, it will happen forever," he says. "For all that's new about the new economy in general, it ain't that new."
Excel - Greg
To All. If you go to top of page and click mail box you will find where you can edit your profile. I think it would be good to find out more about each other. Fill out what you feel comfortable doing. Interesting profile info you can give out. I like the links feature. Those of you with favorite websites I'd sure like to know about them. Thanks!
Excel - Greg
Hi Dutch! Welcome to ALL of you! Glad to see you here. Glad to see different opinions about whether or not we have started beta testing or not. A question was brought up about what to expect in filing. I'd also like to hear peoples opinions. Also TheForcethree had an interesting question regarding product out in time for comdex show. It would be interesting if who ever talks with Ray or John next to ask them if they still feel confident with that timeline happening. Do I have it right that NW engineers got part of their shares for verification? And will get the rest once NV has revenues from the tech? Could someone set me straight on that. Thanks! And yes I believe with the rest of you if we all concentrate really hard on being civil and respectful to each other this can become a wonderful board! And I will be the first to admit I have to change my ways also. Because in the past I have been disrespectful and jumped on people. For that I apoligize!
Excel - Greg
TheForce3. Welcome! I will give you my guess and hope others will too as I think that is a great question. I have no evidence of what I'm about to say. My thoughts come from talking to John and trying my best to read in-between the lines and use common sense. It has been 5 months since the test was going to be done in September. I would have to think during this time they have made contacts out there and have started the beta process in order to come up with the product before the fall comdex show. And they would have to have the utmost confidence in their technology to show it there. Otherwise we all know the consequences for it failing there. There is no way in my mind they aren't doing testing with a major teleco right now. I think we will find out alot in this weeks filing. The last one showed alot and I'm expecting more solid results of our future in this next one.
Spell checker? I don't think they put one in so they could laugh at my posts!
NVEI CORPORATE SUMMARY
This is a summary written by CCEC, NVEI's former public relations firm and can be viewed by going to: http://www.insidewallstreet.com
New Visual Entertainment, Inc.
(OTCBB:NVEI)
Investment Highlights:
New Wheel Technology, a subsidiary of New Visual Entertainment, recently completed internal testing of its patent-pending Cu@OCx™ broadband transmission technology and found it has the capacity to achieve successful transmission of very high-speed (VDSL) data over 9,000 feet or more and over standard 26-gauge copper wiring. Currently, peer companies have achieved similar transmission over only 1,000 feet.
Lucent Technologies (NYSE:LU) subsidiary, NetworkCare Professional Services, has been contracted to conduct independent testing of Cu@OCx to verify 52Mbps at a distance of 8,500 feet.
Cu@OCx offers the simplest solution to the "last mile dilemma." This technology leverages existing copper infrastructure put into place by telecommunications companies, which includes 750 million wires in current operation worldwide, to connect nearly 90 percent of all homes and businesses to new and exciting interactive broadband services.
A single Cu@OCx line, upon commercialization, could offer simultaneous channels for personal computers and televisions while leaving standard telephone service undisturbed. In addition, the transmission rates could be at least five times faster than any commercially available "last mile solution."
Company Profile:
New Visual Entertainment, through New Wheel Technology, is pioneering the development of a proprietary broadband transmission technology known as Cu@OCx, which it feels will provide the solution to the "last mile dilemma" most telecommunications companies face today. The Company's mission is to utilize existing copper telecommunications infrastructure to deliver high quality voice, video and data content to the home at VDSL (52 Mbps) data transfer rates.
Cu@OCx, through the use of existing copper infrastructure by today's telecommunications companies, will have the ability to transmit the same voice services as are currently available, but with dramatically improved Internet capacity. Furthermore, the product will allow for very high quality digital video transmission, via both the television and Internet mediums.
Cu@OCx will also enable services providers to deliver dedicated information transmission, unlike cable modems, which require users to share with others piggybacking on the same loop of cable. To expand on its many other selling points, Cu@OCx will offer high-speed and extended range features to wideband commercial and local area networking markets, offering a broad range of Cu@OCx technologies.
Milestones & Key Developments:
09/00 New Visual Entertainment received a financing commitment from Lilly Beter Capital Group, Ltd. (LBCG) that would result in up to $23 million in equity financing for the Company.
09/00 New Wheel's senior engineers of Cu@OCx produced additional technical innovations, which represent more robust features and enhanced capabilities and may be proprietary to the Company.
07/00 New Wheel Technology filed the second of a planned series of patent applications for its Cu@OCx broadband transmission technology with the U.S. Patent Office.
07/00 New Wheel Technology successfully completed an internal test of Cu@OCx, with results that suggested the Company's patent pending technology will permit simultaneous voice, video and data transmission at speeds of 52 Mbps at a distance of 9,000 feet or more over 26-gauge copper telephone wires.
06/00 New Wheel Technology filed the first in series of patent applications with the U.S. Patent Office to protect its Cu@OCx.
06/00 New Visual Entertainment submitted its application to be listed on the NASDAQ Small Cap Market.
05/00 New Wheel Technology reached an agreement with Lucent Technologies, whereby Lucent will perform third party independent testing of its Cu@OCx technology.
02/00 New Visual Entertainment completed the acquisition of New Wheel Technology and its broadband transmission technology, Cu@OCx.
Market Overview:
New Visual Entertainment, through its subsidiary New Wheel Technology, is positioned to break into the emerging telecommunications industry, which was valued at more than $304 billion in 1998 and experienced more than ten percent growth per year from 1995. Upon entering this mammoth market, New Visual's goal is to allow telco companies, such as BellSouth and WorldCom, to compete with counterpart cable giants, such as Time Warner Communications, by offering significantly faster data transmission speeds than cable modems, which currently lead today's market.
There is an increasing demand for all television, video and voice broadcasts to conform to a digital format by the year 2004. Most cable companies already offer digital television at this time. New Visual has the potential to accelerate the convergence of high caliber digital technology upon solving the "last mile dilemma."
Executive Biographies:
Ray Willenberg, Jr., President and CEO
Mr. Willenberg entered New Visual in 1996 as the former CEO of Mesa Mortgage Company in San Diego, CA. He joined the Company as Vice President and Corporate Secretary, and in April 1997 became CEO, President and Chairman of the Board. Additionally Mr. Willenberg has been a Director of the Company since 1996.
John Howell, Director, Executive Vice President
Mr. Howell has a B.S. in Aerospace Engineering from Oregon State University and served as CEO of Polar Bear Station No. 1, Inc. d/b/a Paradise Sport Fishing, an owner and operator of sport fishing boats, from 1993-1996. From 1997-1998 Mr. Howell was CEO of EVERSYS Corp., a manufacturer of computer equipment, and in 1998 he was Vice President of TeraGLOBAL Communications Corp., a manufacturer of hardware for the convergence of voice, video, and data. Mr. Howell has been a Director on the New Visual Board since April 2000.
C. Rich Wilson III, Vice President of Business Development
Mr. Wilson holds a B.A. in English from the University of North Carolina at Charlotte. From 1993 to 1995, he served as the National Marketing Manager for Spevco, Inc., a special events marketing firm. He came to New Visual in July 1995, when he served as an independent contractor, providing marketing, sales and business development services. In 1998, Mr. Wilson started a multimedia design firm called Impact Pictures, Inc., which was acquired by New Visual Entertainment in 1999 and now runs under the name Impact Multi-Media, Inc.
Peer Comparisons:
Company Symbol Stock Price Market Cap Revenue
New Visual Entertainment, Inc. NVEI $7.81 $186.73M N/A
Broadcom BRCM $222.94 $49.5B $518.2M
Next Level NXTV $49.81 $4.16B $57.6M
News Releases: (latest 3)
2000-11-13 New Visual Entertainment, Inc. Engages Noted Consultant And Scientist Dr. Kenneth A. Rubinson To Aid Engineering Efforts Of Company's 'Last Mile' Technology
2000-09-26 New Visual Entertainment, Inc. Receives Financing Commitment For Up To $23 Million From Lilly Beter Capital Group, Ltd.
2000-09-19 New Visual Entertainment, Inc. Announces Discovery Of New Technical Innovations To Its ``Last Mile' Solution
New Visual Entertainment, Inc. - Corporate Office
5920 Friars Road, Suite 104
San Diego, CA 92108
Phone: 619-692-0333
Fax: 619-696-3935
This publication is an advertisement on behalf of New Visual Entertainment, Inc. and may not be construed as investment advice. This advertisement does not provide an analysis of the Company's financial position and is not a solicitation to purchase or sell securities of the Company. Readers should consult with their own independent tax, business and financial advisors with respect to any investment, including any contemplated investment in the advertised Company. All information contained in this advertisement should be independently verified with the advertised Company and by an independent financial analyst. The Publisher, its affiliates, officers, directors, subsidiaries and agents (collectively, "the Publisher") of this advertisement has been compensated by the Company. Compensation includes fifty thousand dollars in cash, plus fifty thousand restricted common shares at the execution of the agreement. In addition, Publisher has the option to purchase two hundred thousand shares of the Company's common stock as follows; fifty thousand shares at seven dollars per share, fifty thousand shares at eight dollars and fifty cents per share, fifty thousand shares at ten dollars per share and fifty thousand shares at eleven dollars and fifty cents per share. In preparing this advertisement, the publisher has relied upon information received from the Company, which, although believed to be reliable, cannot be guaranteed. This advertisement is not an endorsement of the Company by the publisher. The Publisher is not responsible for any claims made by the Company. You should independently investigate and fully understand all risks before investing. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission"
NEW WHEEL TECHNOLOGY AT A GLANCE
The future of communications in business and entertainment lies in the ability to deliver bandwidth-hungry multimedia applications such as video, voice, and data services over existing copper infrastructures. As the call for these applications from consumers and B2B economies intensifies, which it clearly has, unprecedented opportunities emerge for companies offering solutions to the logjam at the heart of the “last mile”. New Wheel Technology, Inc. intends to capitalize on these opportunities by offering core technology to the companies that provide application services to suit these needs.
New Wheel Technology, Inc. is a development stage telecommunications company that is developing breakthrough digital transmission technology over copper wire, including 26 and 24 gauge telephone lines and other metallic media, and provides convergance with Local Area Network (LAN) cable. The Company is developing core technology, equipment, and IC-based solutions that address specific areas of need within the following telecommunications market segments:
Telephony/WAN (Wide Area Network)
LAN (Local Area Network)
xDSL
Additionally, the Company is evaluating the viability of offering its core technology to industrial/commercial and military market segments, which are now typically being served with fiber optic technologies. While all of these markets have differing technological needs that are industry-specific, the basic requirements remain the same:
Send digital information farther and faster;
Utilize inexpensive, if not existing, infrastructure;
Lower the cost of implementation
Also required of companies planning to offer solutions that satisfy the above are the following:
IC's or Equipment designed for fast and easy installation and deployment;
Interoperability for multiple vendors and platforms;
With the focus of the Company squarely on the above, the vision of New Wheel Technology is to bring the world’s fastest copper data communications solutions to market with speed and efficiency and establish a leadership position at the forefront of high-speed communications technology.
About Cu@OCx…
Cu@OCx is a patent pending metallic transmission technique, which provides longer-range digital transmission for any given data rate. Cu@OCx digital transmission equipment is designed to work on existing telephone and local area network cabling; either twisted copper pairs or coaxial cable.
The Company's initial product offerings will focus on two market segments each characterized by large market size and immediate needs. The first planned product offering will be for the Digital Subscriber Line (DSL) markets.
The first product planned for deployment is expected to be 52 Mbps VDSL equipment, consisting of line cards for existing DSLAMs at the telephone central office and modem cards for customer premises equipment.
In addition to ADSL and VDSL, a series of OCx products are planned for development that will allow wide deployment of SONET access service (OC rates) via existing telephone cable and building wire. These SONET rates are not currently available over wire and cable.
OC1, 51.84 Mbps, Cu@OCx range – 9,000 feet
Other SONET rates planned for development
OC3, 155.52 Mbps
OC12, 622.08 Mbps
Other SONET rates being researched
OC48, 2.488 Gbps
The first OCx product planned is equipment for extending OC1 over copper; it will be packaged in both single and multiple circuit products.
Local Area Network products with extended ranges, over 1000 feet, are also being developed to fit the Ethernet rate structure. Additionally a LAN switch is being developed to complement the high speed LAN transmission ability.
About the New Wheel Founders
New Wheel Technology, Inc. was formed by Allan Blevins and Michael Shepperd in 1999 as an R & D telecommunications company. Armed with more than 50 years combined experience in the telephony and telecommunications industry, Blevins and Shepperd developed a concept for extending the range of current broadband transmission rates over copper. Since that time, Blevins and Shepperd have secured necessary financial resources to develop the concept and successfully taken their concept through initial testing stages.
Ownership
On February 14, 2000, New Wheel Technology, Inc. was acquired by New Visual Entertainment, Inc., a publicly held company with a history in special venue film production and distribution. New Visual’s common stock is currently traded on the OTC.BB under the symbol NVEI, though the company applied for listing on the NASDAQ Stock Market, small cap exchange in June of 2000.
Source: http://www.newwheeltechnology.com/corp_info_frameset.html
Thanks goes to Porsha and Pengy for this post and the next two posts.
NVEI RESEARCH LINKS ( updated 3/8/2001 )
* denotes new links since last update
ESTIMATED OUTSTANDING SHARES: 24,229,610 ( 12/29/2000 )
ESTIMATED SHARES IN PUBLIC FLOAT: 11.5 million
CONTACT INFORMATION:
New Visual Entertainment
5920 Friars Road, Suite 104
San Diego, CA 92108
phone: 619.692.0333
fax: 619.718.7446
Company Website: http://www.newvisual.com/intro.html
PUBLIC RELATIONS FIRM: ( CCEC is no longer the PR firm for NVEI but they do still have information about the company on their website )
Continental Capital & Equity Corporation ( CCEC )
Longwood, Fla.
Dodi B. Handy, 407/682-2001
Email: dodi@insidewallstreet.com
Website: http://www.insidewallstreet.com/
* Thinking of attending the upcoming Shareholder's Meeting? Please read this link:
http://ragingbull.lycos.com/mboard/boards.cgi?board=NVEI&read=47309
RECENT DEVELOPMENTS
On 2/28/01 There was an article in a San Diego paper about the successful testing of NVEI's Cu@OCx Technology:
http://ragingbull.lycos.com/mboard/boards.cgi?board=NVEI&read=46251
On 2/20/2001 NVEI announced the successful testing/verification of the Cu@OCx Technology in a PR. Further information has been provided by NVEI on the New Wheel Technology website:
http://www.newwheeltechnology.com/docs/nwt_rpt.pdf
Third Party Testing Confirms That Company's Proprietary Broadband
Technology Permits Transmission of Data Over 8,980 Feet Of
26-Gauge Copper Wire Pair at a Speed of 54.445 Mbps
http://ragingbull.lycos.com/mboard/boards.cgi?board=NVEI&read=44191
On 1/29/2001 NVEI filed their fiscal 2000 year end report.
http://www.freeedgar.com/
On 1/8/2001 NVEI announced they were withdrawing their NAZDAQ application for " the best strategy for successful development and commercialization of the Company's broadband transmission technology considering the opportunities presently before us. " To read the entire press release please go to the following link.
http://newvisual.com/press_nf.html
ARTICLES AND OPINIONS ABOUT NVEI
White paper entitled " Enter the Broadband Era. " ( this is a GREAT article to read to fully understand the possible implications of the New Wheel Technology )
http://www.instat.com/catalog/downloads/broadbandera_return8yt.htm
12/1/2000 article about NVEI from the dow jones news service as reported on the interactive wall street journal website:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=NVEI&read=30367
New Wheel Technology At A Glance ( Corporate released )
http://www.newwheeltechnology.com/corp_info_frameset.html
NVEI Officers And Directors ( Corporate released )
http://www.newvisual.com/investor.html
Text of Investor Business Daily Ad:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=NVEI&read=374
Text of The Whitehorne Report on NVEI:
http://www.thebrokerdealer.com/ProfileNVXE.doc
Read investor comments from the 5/31/2000 NVEI Annual Shareholders meeting:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=NVEI&read=420
PRESS RELEASES:
http://newvisual.com/press_nf.html
RESEARCH ON NEW ADVISORY BOARD MEMBERS
On 12/1/2000 it was announced that Dr. Henry Beck was namned by the company as the head of the new Advisory Board. The following link contains biographical information on Dr. Beck: http://www.heller-ehrman.com/attorneys/attorneyBio.asp?attorneyID=1108
On 12/28/2000 NVEI announced that the company has engaged the services of Tatum CFO Partners, LLP, a national partnership of more than 200 career CFO's, and subsequently named James T. Kesaris chief financial officer. Here's a link for the bio on Mr. Kesaris:
http://www.tatumcfo.com/partners/bios/sandiego/jkesaris.htm
SEC FILINGS:
( type NVEI in the second box and click on " search " )
http://www.freeedgar.com/
PATENT LINKS
General information about filing international patents:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=NVEI&read=33061
More specific information on patents:
http://www.patents.com/patents.htm
http://www.uspto.gov/patft/index.html
A post that describes the U.S. patent filing process:
http://ragingbull.lycos.com/mboard/boards.cgi?board=NVEI&read=41240
MISC LINKS
A very comprehensive post explaining the evolution of the company and some of the developments that have happened over the past few years:
http://ragingbull.lycos.com/mboard/boards.cgi?board=NVEI&read=45618
Listing of equipment and descriptions (links) for the equipment used in the testing/verification of the Cu@OCx Technology:
http://ragingbull.lycos.com/mboard/boards.cgi?board=NVEI&read=44211
Definition and glossary of technical terms regarding " Shannon's Law ".
http://ragingbull.lycos.com/mboard/boards.cgi?board=NVEI&read=42987
http://ragingbull.lycos.com/mboard/boards.cgi?board=NVEI&read=42988
Check for latest 144 restricted shares registered for sale:
http://moneycentral.msn.com/investor/invsub/insider/planned.asp?Symbol=nvei
http://moneycentral.msn.com/investor/invsub/insider/trans.asp?Symbol=nvei
Good articledescribing and identifying all market makers:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=NVEI&read=33108
Glossary of Broadband Terminology:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=NVEI&read=26426
NVEI/New Wheel Technology recap and how it relates to other DSL technologies:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=NVEI&read=379
Links and discussions of other Broadband Technologies:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=NVEI&read=377
Subscribe to the NVEI News Letter, written and distributed by NVEI investors.
http://nveinews.%4Cistbot.com
Order New Visual apparel at:
http://www.just-a-stitch.com
Several years ago a preacher moved to Houston, Texas. Some weeks
after he arrived, he had occasion to ride the bus from his home to the
downtown area. When he sat down, he discovered that the driver had
accidentally given him a quarter too much change. As he considered
what to do, he thought to himself, "You better give the quarter back.
It would be wrong to keep it." Then he thought, "Oh, forget it, it's only
a quarter. Who would worry about this little amount? Anyway the bus
company already gets too much fare; they will never miss it. Accept it
as a gift from God and keep quiet."
When his stop came, he paused momentarily at the door, then he
handed the quarter to the driver and said, "Here, you gave me too
much change."
The driver with a smile, replied, "Aren't you the new preacher in town?
I have been thinking lately about going to worship somewhere. I just
wanted to see what you would do, if I gave you too much change."
When my friend stepped off the bus, he literally grabbed the nearest
light pole, and held on, and said, "O God, I almost sold your Son Jesus
for a quarter."
Our lives are the only Bible some people will ever read.
Shouldn't we make it good reading material?
Received this from a good friend today.
Dear Mr. Ex President:
I recently saw a bumper sticker that said, "Thank me, I voted for Clinton-Gore." So, I sat down and reflected on that, and I am sending my "Thank you" for what you have done, . . . specifically:
1. Thank you for introducing us to Jennifer Flowers, Paula Jones, Monica Lewinsky, Dolly Kyle Browning, Kathleen Willey, and Juanita Broderick. Did I leave anyone out?
2. Thank you for teaching my 8 year old about oral sex. I had really planned to wait until they were older to discuss it with them, but now they know more about it than I did as a senior in college.
3. Thank you for showing us that sexual harassment in the work place
(especially the White House) and on the job is OK, and all you have to know is what the meaning of "is" is. It really is great to know that certain sexual acts are not sex, and one person may have sex while the other one involved does NOT have sex.
4. Thank you for reintroducing the concept of impeachment to a new generation and demonstrating that the ridiculous plot of the movie "Wag the Dog" could be plausible after all.
5. Thanks for making Jimmy Carter look competent, Gerald Ford look graceful, Richard Nixon look honest, Lyndon Johnson look truthful, and John Kennedy look moral.
6. Thank you for the 73 House and Senate witnesses who have pled the 5th Amendment and 17 witnesses who have fled the country to avoid testifying about Democratic campaign fund raising.
7. Thank you, for the 19 charges, 8 convictions, and 4 imprisonments from the Whitewater "mess" and the 55 criminal charges and 32 criminal convictions (so far) in the other "Clinton" scandals.
8. Thanks also for reducing our military by half, "gutting" much of our foreign policy, and flying all over the world on "vacations" carefully disguised as necessary trips.
9. Thank you, also, for "finding" millions of dollars of excess tax money. I really didn't need it in the first place, and I can't think of a more well deserving group of recipients for my hard-earned dollars than jet fuel for all of your globe-trotting. I understand you; the family and your cronies have logged in more time aboard Air Force One than any other administration.
10. Now that you've left the White House, thanks for the 140 pardons of convicted felons and indicted felons-in-exile. We will love to have them rejoin society.
11. Thanks also for removing the White House silverware, I'm sure that Laura Bush didn't like the pattern anyway. Also, enjoy the housewarming gifts you've received from your "friends".
12. Thanks to you and your staff in the West Wing of the White House for vandalizing and destroying government property on the way out. I also appreciate removing all of that excess weight (China, silverware, linen, towels, ash trays, soap, pens, magnetic compass, flight manuals, etc.) out of Air Force 1. The weight savings means burning less fuel, thus less tax dollars spent on jet fuel, thank you!
13. And finally, please ensure that Hillary enjoys the $8 million dollar advance for her upcoming "tell-all" book and you, Bill, the $5 million advance for your memoirs. Who says crime doesn't pay!
God bless America and THANK YOU (once again) for spending my taxes so wisely and frugally.
Sincerely, A U. S. Citizen
P. S. Please pass along a special thank you to Al Gore for "inventing" the Internet without which I would not be able to send this wonderful letter.
Hal. Just wanted to tell you I enjoyed your article on bashing you wrote. You are very perceptive!
Castle. Did know I-hub is where the Bible board was moved? They have control of it now. No more Ola or William. If you haven't already stop by.
Thanks for the welcome Paule.
Hi All. Are you ready to be blessed? The link below is excerpts from a 25 minute video. Takes about ten minutes to view this. Great music and beautiful pictures!
http://www.fathersloveletter.com/fllpreviewlarge.html