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.
No Goldie, the subject was "they have no product". Therefore Extreme Copper is either buying something they never saw (which is extremely stupid) or they are lying for the boyz(also extemely stupid). I don't have to know how many of which release.
Ernie
So, Goldie, we can apparently add the people at Extreme Copper to your exhaustive list of those willing to help promote a complete scam. I guess da boyz used there excess millions to but the sec, Telcordia, Asiakey, Extreme Copper et al to lie for them.
Ernie
You say they have no products (ignoring their reported releases) what did Telcordia test? What did Extreme Copper buy?
Just because they haven't given it to you to hold in your hand and test doesn't mean it doesn't exist.
Ernie
Bill, yes, and I have. However, once I attempt a rescue, offer help, and/or point the person to the social agency etc that can help, and they refuse the help then they are on their own until and unless they come to me and tell me they're ready for the help.
I wouldn't follow them around, trying to force help on them, that would be stalking.
Ernie
Looks like some are expecting something Monday.
Ernie
This is my periodic foray into the pits. I will now return to my blissfull existance into the land of ignore.
Ernie
So, to call this a scam based on the length of time it has taken to get to a product, you have to completely discount several companies and thee people. So, which is it? Are these companies all lying scammers, or are da boyz so good that they can scam the experts?
Ernie
Goldie, since your saying that there is no correlation between the dot com bubble burst and the price of our stock plummeting, then you must have thought the $7 pre- RS price was based on merit.
No? Then the bubble was responsible for the high price and therefore , logically, the fall there from.
Also, after the burst, investors were very skeptical of anything dot com, making speculative money almost non-existant.
Ernie
Milton, welcome. Because none of us have been around long enough to know the history of this company, and none of the posters here will bring up what has happened in the past we need your input. (if you are indeed a new poster and not a rebadged history buff.)
Now of course we will need to hear that Telcordia, Hellosoft, ASiakey etc are all lying pawns of the boys.
Ernie
To some this won't seem too significant, and I do hope for another presidents letter to explain. However, I can see that in order to need a continuing service for evaluation Rim must expect a continuing release of variations on the technology (from our newly expanded tech team). Also, I notice they say they can help with standards acceptance and compliance.
Ernie
I emailed Brad asking a few questions about the form of Cupria that Extreme Copper was going to use trying to get a time line. The only comment I got was primarily ASIC. It was less than I had hoped for but more than I expected. I think it is good news that it took 10 days for him to get back to me. He must be very busy.
Ernie
A new feature apparently is that we can't view replies to posters we have on ignore. That in itself is ok but it goes to a screen that says you can't view the post and stops. I have to back up and go to the list of posts and try to find one I can view. That is a pain the arse.
I personally used to view the replies and if the thread had any interest I could click "ignores off" and read the thread.
Ernie (McCloud)
A group of alumni, highly established in their careers, got together to visit their old university professor. Conversation soon turned into
complaints about stress in work and life.
Offering his guests coffee, the professor went to the kitchen and returned with a large pot of coffee and an assortment of cups - - porcelain, plastic, glass, crystal, some plain looking, some expensive, some exquisite - - telling them to help themselves to the coffee.
When all the students had a cup of coffee in hand, the professor said: "If you noticed, all the nice looking expensive cups were taken up, leaving behind the plain and cheap ones. While it is normal for you to want only the best for yourselves, that is the source of your problems and stress.
Be assured that the cup itself adds no quality to the coffee. In most cases it is just more expensive and in some cases even hides what we drink.
What all of you really wanted was coffee, not the cup, but you consciously went for the best cups... And then you began eyeing each other's cups. Now consider this: Life is the coffee; the jobs, money and position in society are the cups. They are just tools to hold and contain Life, and the type of cup we have does not define, nor change the quality of Life we live.
Sometimes, by concentrating only on the cup, we fail to enjoy the coffee God has provided us."
God brews the coffee, not the cups.......... Enjoy your coffee!
"The happiest people don't have the best of everything. They just make the best of everything."
I hate days like this. How am I supposed to load up at .01 or even .05 with days like this.
Ernie
Think excitement, talk excitement, act out excitement,
Sounds like the theme song for Ray. How unfortunate it can be when the timeline doesn't match the expectations, but has anyone ever talked to Ray when he was down in the mouth. In 10 years I don't recall any myself.
Now would anyone invest in a person who didn't exhibit enthusiasm, excitement, and high expectations no matter the product or idea?
I know many here blame Ray's excitement and call his enthusiasm lies. They may think it would have been a good thing for this company to have never existed. What would they do with themselves. Over 52,000 posts on this Rim board alone. I don't recall if we started over when the name changed, however, the debate has probably generated close to 250,000 posts with all the different boards. There are some here who don't seam to have a life if this company didn't exist, but I suppose they would have found another subject for their devotion. (
Ernie
I was just thinking. "Extreme Copper" should have been on our list of proposed names when we were looking for a name change.
Now I realize that we couldn't use it since it already existed, but what a good fit for a name.
Ernie
East Of San Diego, maybe 20 miles or so.
Ernie
I have been out of town this week (San Diego) so I haven't been able to follow this closely. However, this naysayer camp amazes me. Does this guarantee big success NO! but it pretty well should satisfy all that there is a product. I don't think it reasonable to add Extreme Copper to the list of companies that were touted as either dupes or co-conspirators of the Rim Scam.
As for many that use the term scam so liberally. Remember that scam can only be proven if (1) there is no product (2) it does not perform as claimed (3) there was never any expectation of success by the perpetrators of the scam.
I think the evidence thus far that this is/has not been a scam far outweighs the claims of all those here who just didn't know what was going on and therefore "knew" it was a scam.
It has and is still taking a long time to bring the product forth. With the bursting of the dot com bubble money has been scarce and espensive. There is also some who claim that the demand for this product had not reached fruition until more recently. The idea is that DSL/xDSL/AdLS have been sufficiently promising for the demands up until recently. Since the fiber explosion remained mostly dark and stung many companies financially so that risky developement capital was just not to be found, our developement of Rim was painfully slow and expensive dilution wise.
I am not sure which of the above best applies , probably all. I am sure that management always thought they had the real deal and worked to that end (therefore they were not scamming anyone) The telcordia report and the now subsequent contract verify that Rim has and had the technology. Success especially great financial success is still the biggest question. That will only be known after ASIC deployment/ beta tests followed by large scale ordering and deployment.
That's my story and I'm sticking to it,
Ernie
I guess we have another company to add to the list of those scammed by Rim. To think they are actually going to build equipment to put non-existant chips in from this total scam.
LOL
If I followed all this, I would have to assume that when Brad spoke of using someone elses chip and adding our code to it, he would have been speaking of a structured ASIC chip. Then the use of a structured ASIC seams to be a low volume stop gap between FPGA and ASIC. FPGA may be too bulky to use and therefore we would need something that would fit until the full ASIC could be produced. From what RET EE said about costs, it would seam a high price to pay for an intermediate step. This could be necessary if deployment of the Triple PLay within a time frame were necessary regardless of cost to some customer.
However, I may have some cofusion between the statement that an ASIC takes 6 months to produce and I believe it was Moxon who stated that he had produced 135 ASICs in one year. I know he personally didn't produce them and there was a large staff, however, if they take 6 months doing 135 of them seams difficult to do in a year. That makes me suspicious of the 6 months figure.
Ernie
Jeff, I saw from the beginning that the wording was questionable. However, for Embarq to make any statement about Rim is something. Add to that this statement from the presidents letter of the 16th;
" Per our agreement, Embarq is now participating in joint discussions with us and with several equipment makers that they buy from. Of course, there are limits to what Embarq – or any telco – will do. They are not telling the equipment manufacturers to buy our products. But their capital expenditures were $445 million in the first six months of 2006! Having Embarq “at the table” makes a big difference." and it reads much more positive. That could not be on the website without Embarg approval.
Ernie
My point was there is a difference between those who are known real people not JUST aliases. We can't change our names, however, those that don't reveal their real info aren't staking any real reputation on their opinions.
(This is why I always point out that they aren't REAL people and therefore their opinions aren't real either.)
Ernie
Goldy, since Telcordia and Embarg are apparently rubes of the great scammers we're in good company. So what are those of you making these 100%scam claims going to do when this tech is bought and deployed.
I know change aliases and continue what you do.
Ernie
It has in fact been updated with much more info . Oh, I know it's not the info you want so therefore it has not been updated.
Ernie
Remember there are close to 10,000 investors and about half the posters here claim they aren't among those 10,000.
Pengy last posted here in April. Porscha's last post here was in Feb after the Asiakey PR.
It seams the only posters who never stop are those that claim they aren't invewstors and don't believe.
Ernie
Some of us still hear from Porscha, Pengy, Karl, Gary etc. Just because many no longer want to put up with this room doesn't mean anything about whether they have sold or not, and it's not my place to tell.
Ernie
There you go trying to talk common sense. You should have labeled your post O.T. LOL
Ernie
What is with repeated focusing on the removal from the website? If it were retracted from the news and public arenas it would be a reason for concern. Missing from the website is no big deal. If there was anything wrong with it some sort of public retraction would have to be made.
Ernie
Did I miss the bottom? I was ready to buy some today. It looks like others were thinking the same thing. I may yet buy some, but I was hoping we hit the nickel, so my limited funds would have the most bang for my buck.
No Prs for nearly 3 weeks. Hoping one is due Monday.
Ernie
PS I know Bill. Don't worry it will go lower. Sub penny and all that, but even that would not matter, the sp does not reflect what I believe is going on and what will prove out.
I haven't been posting lately because I don't need the negativity and my confidence far exceeds any hard evidence. That confidence that Rim has at minimum what it and Telcordia says is borne of hearsay and gut feeling ( I have not even talked to management) and so does not lend itself to defending or justifying. Therefore I am content to let the story play out without argueing, debating, justifying, convincing or anything else.
I believe that we have the marketable product and it will be implemented on a wide scale. It may be bigger than all the broadband so far implemented combined. It may in fact be PANS.
Now how that will translate to the shareholders after all the dilution I have no idea. Will we be bought out,or ripped off? What will be the profit margin? When? No one has any real knowledge maybe not even management. I am content to wait and watch, and if I get some free cash buy more.
Ernie
Brad will be in San Jose Wednesday. I probably won't brave Portland traffic just to see the office.
Ernie
Congratulations, Iown
Ernie
Ina and I are going up to Washington for a couple of days. I'm trying to make contact to swing by the office on my way through Portland Wednesday.
Ernie
Decent volume on a news day and were up. Hey, every little positive bit helps. LOL
Ernie
The forum also discusses 8 megs total and 5 needed for tv. It doesn't dound to me like you can get two tv at once with that bandwith. They also discussed the availabilty being a problem with how close you are to the CO.
It doesn't matter, they could still benefit from more bandwith and speed.
Ernie
On the Tellus sites I could find they only talk about DSL and Adsl. That is one channel at a time, download and play movies. Limited availability. All that is OK. They should be in the market to upgrade.
Ernie
Who will be the first to post 1. Dr Tan is a nobody 2. anybody will sit on a BOD it doesn't mean it's not a scam 3. the statement, "Rim Semi's technology holds the promise of realizing their business goals." doesn't mean Dr Tan has actually seen the tech work. He probably doesn't even know how to evaluate the tech before he associates his name with it.
"Carriers are struggling with the demand for faster Internet access speeds and higher quality over longer distances, and Rim Semi's technology holds the promise of realizing their business goals.
Ernie
One big difference between me and many posters here is that I know I don't know more than many here about running a corporation and I certainly don't know more than Cooper, Ketch and the host of advisors that they consult with. Some here at least think they know more than any of our management team. I believe management considered your thoughts here about what was best. Now they may have underestimated the dilution required and expected more of a reaction to the recent news, but the hindsight of the posters here doesn't have that handicap.
Now I wonder, if big news were in the wings. Something sure to move the stock price significantly, would you release it now and hope that conversion didn't kill it, or would you let the conversion take us down to whatever, and then release it?
I personally think that the conversion would have a greater effect on any news than it can have at current prices.
Food for thought, Ernie
I have a lot of trouble with balancing the concept that a corporation that does independent verifications would falsefy those reports for peanuts (Rim doesn't have anything to offer except peanuts, especially if it's the scam some say) and getting people appointed to the presidents council, and winning awards. The two just don't balance and especially from some anonymous person.
I still have to heavily weight the public corporation's word. They could not maintain any credibilty as a scientific corporation if this were true. Reports of bogus evaluations would be all over the place.
Ernie