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I have to agree stehist. There is no hint that news is coming. That PR was complete fluff which is an outrage.
amx,
why after the election? Wouldn't it have a been a good time before the QTIG distribtion to "BURN THE SHORTS"... hahahha.
Oh so now it's after the election? That's kind of vague, could mean 2006.
And releasing a PR to best affect PPS is ILLEGAL. It's called manipulation.
Face it, they're never going to release a good PR because they don't have anything good to release. They're feeding the investors fluff. FLUFF FLUFF FLUFF.
Why is everyone worried about the phrasing of "clientS"?
We do not even know that BMG will have a full rollout of SCMI software. If you say they are for sure, you're just assumming. Nothing was written in stone. Show me the PR where it stated BMG full roll out.... NOWHERE... NEVER.
BMG is not even guaranteed. There's no hint that Universal is even testing SCMI's software.
There's a lot of pumpers spewing lies... Seriously, they're desperate watch out.
toonces... havent seen you before. I like your style. What forums are you coming from.
When I write negative posts... I don't write "SCMI sucks"... I write "SCMI pumpers who pretend to have inside info suck".
I'm sure you get the point.
But I can't stand them. I always wonder... do they just intentionally lie... or do they really really believe that they have info? Always gets me...
Outright lying is just wrong and the latter is just embarassing.
toonce68
That's definitely something we can agree upon. Here's another... "We gonna party like it's your birthday... we gonna sip bacardi like it's your birthday... and we don't give a F#%k that it's not your birthday!"
50 Cent
I really hope SCMI stirs something up out of their ass. I could sell now and have wasted my time... but i'd like to see it inch up a little to 8-10 cents before I sell so I can at least say that I eeked out a profit of this position.
I bet you SCMI will mimic IBZT.
The few SCMI products we see are "test" just like how they had prototype virtual keyboards.
But when they tried doing a full rollout, they failed. The biggest worry I have is "what if they never ever even deploy SCMI products and all this has just been "talk" and a waste of time".
Anybody remembered what happened with IBZT? Their main product... they delayed... delayed... delayed... then discontinued it, it never even came out at the end... SCMI another IBZT?
Stehsucker:
No, I wasn't talking about you. I don't read many posts here, just post my opinions and check my mailbox.
So whatever you're writing... KEEP AT IT. If you're writing "crap", believe me, it cannot be worse than this private message board I was talking about.
Best wishes
Jrinphx,
Don't pay any attention to that statement. The "fortune teller" genius with a track record of 0 for 20 correct calls believes that since Universal is going to deploy MM5, he believes that GE, who owns 79.83% of Universal, will invest a sizeable amount into SCMI, insinuating that this action will drive up the PPS.
But there's a few problems with his "call".
1) First, we don't even know if Universal is using MM5, nor do we even know if they have a contract with SCMI, no less an agreement.
2) We don't even know that Universal even spoke to a member of SCMI, nor do they even know that SCMI exists or balked at them.
3) What's the chances that a billion dollar company will invest in a pinksheet company with a TERRIBLE track record whose previous area of business was selling Christmas trees and Elvis impersonaters.
This rumor he is giving us is called "an obvious lie".
These "people" who are spreading the rumors are the people who said:
"short position in SCMI is around 200-250 million shares short".
"1.3 billion CDs protected by Jan. 2005."
"Full rollout by BMG by Oct. 2004"
"Short squeeze before distribution of QTIG"
"expect news this week"
"major announcement this week!"
"expect news next week"
It's all garbage. Either they're purposely posting garbage, or they believe the person who's telling them garbage. Like garbage men, they dump their crap here, which I don't like.
So don't even mind their wild rumors, it's just embarassing.
Thanks stingray,
You're the only reliable poster that doesn't spew pumping garbage. You for instance don't set dates such as "expect "x" news this week!!!"
I respect you, along with Soop who has a sense of humor.
Good day!
Dadgummit,
I've never posted on BB4. I just read the threads. I was previously invested in EAG and used their chat forum. I saw that bb4 decided to start his own forum for EAG so I said "what the hell, why not sign up." I did and I check it every once in awhile. Just like how I check yahoo, investorshub, ragingbull, CBSmarketwatch...etc.
Never posted on bb4, never intend to. Your board is a zoo. And what do you mean he brought me HYPD?
I was invested in HYPD sub dollar before your board existed genius. It's people like you that hail Snitch as God. I know that fool from the EAG yahoo forum, he's just playing mind games with pawns like you.
He throws a few good shots, EAG, to build his credibility and then he gives you garbage with next stocks. Did he give you other picks besides SCMI? I bet they were garbage. If he didn't give you other picks, don't try his next b/c they'll be garbage. He built his credibility so that you would trust him to buy his next garbage stock, that's where he cashes in.
No fool led me to HYPD. No fool led me to SCMI. I got here on my own two feet and am venting on SCMI. I also by the way HATE pumpers. You are not a pumper, you've never said anything Dad. You're just a follower I bet, but I don't mind those.
Bye
Flydoc,
Sold half last week to minimize my risk. I'm a gambler on some plays yet an investor on others. I'm obviously speculating with an SCMI holding.
But I didn't lose much. Got most around at these levels, $0.08... I just get frustrated when a pick goes nowhere. HYPD on the other hand is really working for me, a stock I consider an investment, not spec. gambling.
I understand there's revenues. But a used car salesmen makes more money than SCMI and QTIG from their previous 10Q. You stated the numbers yourself.
Are you telling me that EMI, BMG, KOCH, Kinky sweet and universal are only making SCMI $14,000? Wow... BIG NUMBERS! Like I stated before, a used car salesmen makes more.
So yes, I'm waiting until the next 10Q waiting to pull the sell trigger if revenues are not going up significantly. If their revenue is under a $1,000,000 divided 50% by SCMI and QTIG, so if it's less than $500,000 I'm gone.
And $500,000 is pretty pathetic considering their clients are billion dollar companies. If they're making billions and only paying SCMI $30,000, shows you how seriously they're taking SCMI. Ever think of it that way?
Snitch4u2002, CGIbellino, Mario "Ike"...
Can I say that you guys are more wrong than ever. Snitch, where's the "1.3 billion CDs by January"... we're only on 5 million. Not 1.3 billion.
Snitch, where's the full rollout by BMG in October?
Snitch, should I expect "BIG NEWS NEXT WEEK"! Maybe it's just a few more days away?
CGIbellino, where's the news for last week? And the week before and before and before? Should I expect news this week? LOL.
Mario, "Ike"... where's the 200-300 million shorts? Why are you lying to these people and starting false rumors?
I wish we could ban all pumpers. I hate pumpers with a motive.
I sold 50% of my SCMI on Friday. Good advice is, if there's no revenue reported by QTIG come Nov. 15th, then get out while you can.
P.S. CGIbellino basically said "come back and look at the share price by Nov. 1st" insinuating that somethings going to happen by Nov. 1st. Obviously we can expect him to be wrong. Honestly, I have no doubt in my mind he's gonna be wrong yet again.
P.P.S. I bet Snitch is just making stuff up. I believe he used "7" deals rather than "1" because if he says "1", you'll question "is there a deal...hmmmm". But if he uses "7", you readers will say "i'll give him the benefit of the doubt, and even if he's wrong about "7", there has to be at least "2-3". He's playing mind games with you. I bet there's ZERO!
Stehvestor,
I agree. I believe Sunncomm spews a LOT of BS. And for some reason, SCMI is hiring Mario as their investor relations to go throwing false rumors to keep SCMI from crashing.
But Steh, as time passes, it puts more pressure on PJ. For one, he can no longer use the "GET SHORTY" excuse any more. Wow, that was a complete lie.
I've heard wild rumors. These are the "Rumors" morons are spewing:
1) Universal is ours.
2) EMI comes after Universal.
3) 4/5 majors by years end.
4) 7 deals with major nyse/nasdaq companies.
You wanna hear some ridiculous and complete STUPID rumors I've heard in the past...
1) 1.3 billion CDs protected by January/2005. LOL!
2) 200-300 million shorts... What a laugh~
3) Full roll out by BMG by October/2004... LOL!
These morons can't differentiate rumors from facts. I bet SCMI doesn't have Universal. I bet EMI is only testing SCMI. I bet SCMI has NO deals with any NYSE/Nasdaq companies. It's obvious that we won't be on 1.3 billion CDs by January. There are NO shorts. And Full Roll out by BMG in October, this month... LOL.
Face it people, either PJ and SCMI are good liars or you guys have fell in love with a dream. I sold 50% last week, looking to sell my rest if no revenues by Nov. 15.
BB4 Board and interestinginfo2,
Yes, that's what concerns me as well. Why would they hire Mario is what I'm wondering also. They've had a bad history which hurts chances of being upgraded to another exchange so why keep a tainted figure?
But still I have strong faith in SCMI, or else I wouldn't own it and be wasting my time here.
But to the ppl on BB4, I hate wreckless pumpers who basically say "I have inside info". Peter knows he has to run a tight ship so he would NOT let anything leak out. Maybe that's why Mario's there, to mislead pestering investors and make up fake stories just to shut them up and please them? Wouldn't make sense though... legally.
Anyways, I use bb4 board just to read the threads for HYPD. Penthouse, hyper, and buyb4therush have very credible posts. Friend tipped me into it after I unloaded EAG at $2.02. For the SCMI board on BB4, man it's a ZOO. There's this guy "Snitch", who people praise as a stock God, but he tells outright lies about SCMI. He claimed SCMI would have 800 million CDs protected domestically and 500 million CDs protected internationally by January from BMG alone... WHAT A LAUGH. He stated this after the shareholders meeting thinking he had inside info, what a fool. Personally, I believe E2motion is really Snitch under a different screen name. Notice how "Snitch" hadn't been posting in a long time, neither has "E2motion"? Same guy, I think so. Who knows, CGIbellino may also be "Snitch" too. I hate pumping morons like him, incredibly, people actually believe him while we stand only around 5 million protected CDs all together. Anyways, his "info" of SCMI protecting 1.3 billion CDs by January/05 was "quite" a bit off.
And about CGIbellino, he has a hardcore following even though he's wrong about EVERYTHING. He's been touting "big news this week" for the past 2 months, ask anyone. What a moron. It's even more funny to see the people actual belive him. What a riot!
My point is, don't keep your hopes up on fake rumors from fools. I know that SCMI has a good product. I personally can tell you from the CDs I bought. It works, my duplicated copy came out all scrambled. It added value to the CD, neat stuff. I'm sure version 5 will be incredible. No common investor has inside info, and if they did, would not go around shouting it. Believe that SCMI will gain market traction because they have a good product, not because some fool claims specific news "this week!" [CGIdumbass].
Be patient and let Peter take care of it. Don't let fools get your hopes up. From how I intrepret it, SCMI will not release news about "Universal" this week nor next nor the week following next. Nor do we know that SCMI even has a deal with Universal. CGI you dumbass.
P.S. please let the board know when all of you guys get your QTIG.
If anyone is from the BB4 board for SCMI, I hope Collin, aka "CGIbellino" has not got your hopes up. I've been reading there as well as the EAG board, and it's clearly obviously that CGIbellino is a clueless pumping wreck.
Don't let these people with "insider information" fool you. They don't have any. If they believe they do, they're fooling themselves. Their source is probably that moron "Mario" who is consistently wrong.
Only reliable source for an educated opinion is most likely Stingray.
Warning to everyone from BB4, don't let CGIbellino fool you. He's clueless and has been continuosly wrong. Don't follow a fool.
And anyone know the share ceiling on SCMI?
Has anyone actually seen the MM5? I like MM3 but I'm sure 5 will be much more advanced. Anyone seen it?
Sunnyday, I count 155 cds.
alj,
you can reach me at charsiimbuekim@hotmail.com
stehisit, concerning the 3-4 majors by the end of the year, it is very VERY possible.
I think you're underestimating SCMI. Do you realize that their product is already being used on BMG? BMG is a multi billion dollar corporation. I doubt they would put software on their product, AND EVEN PAY SCMI, if it were junk.
And if BMG, then why not the others?
And they may have a relationship established without you knowing... not an uncommon thing.
Good times to come...
Good day.
gregg,
nevertheless, it's incentive for them to cover or else its PAY DAY.
All looks well, I cannot wait for the short squeeze. Too many bashers, DRM haters, Macro sneaks, and manipulators out there not to be one.
Charsi
"there's still a huge short position will they need to cover before the dividend is sent out?"
That's not true. Short don't have to cover just because of a dividend.
When there's a dividend and you're in a short position, THE SHORT is responsible for paying for the dividend for the amount of shares that they shorted.
Since a short can not pay in shares in stock, QTIG shares, they need to pay cash. So for every 20 shares of SCMI they shorted, they need to pay the equivalent to 1 share of QTIG which is around 8 cents.
Doesn't sound like a lot, but it adds up if you're carrying a short position of millions of shares.
So it's an incentive for shorts to cover, not a requirement.
Charsi
Yes we know the distribution, where have you been?
Ratio of about 1:16 based on quarterly payout, equally an annual 1:4 total.
Charsi
berg111,
this is the first time I'll write a post just for fun:
"David vs Goliath? This time I think we have more than just a slingshot!"
Yeah, it's more like we have an AK47 with plenty of ammo.
Charsi
soopster,
well that's odd. But as long as we're on there, it's fine with me, and I'd have to agree with it being a "test."
On the list of protected CDs on their webpage, how do you know if the album mentioned is their prerelease or public release? Any way of knowing?
Are they all public releases? I'm assuming not... so how do we know?
Soopster:
"The only reason they would wait and announce this is because the cd sales must have given Koch records some positive feedback" very true. A good way to see it.
And you CAN tell that it's protected by Sunncomm from the packaging. I bought J-kwon's CD and Velvet Revolver, the two latest releases since I invested in SCMI, and yes you can tell. On Jkwon's packaging, there was a sticker on the wrapping, no bigger than 1/4 of a business card that stated it was protected by Sunncomm for unauthorized duplication.
The same sticker was on the Velvet revolver packaging.
Of course the sticker is small, they're selling music not sunncomm.
There should have been a sticker on Boyz II men's CD. If not, someone must of ripped it off (who would do that though... LOL).
Stingray, were your sources expecting something this week?
Sorry, I haven't been around here the past week.
You can send me a private or public response... thx stingray!
Charsi
Please correct me if I'm wrong, but if we expect 20 million CDs to be protected in October, then with a full rollout, that would be around 240 million CDs annually protected by SCMI with BMG and KOCH alone.
Given that we secure EMI, Universal, and Sony, we'd secure nearly a billion CDs annually?
Just a rough estimate:
1,000,000,000 CDs X $0.05 = $50,000,000
$50,000,000 X 80% profitability = $40,000,000
I'll estimate shares o/s.
$40,000,000 / 500,000,000 shares o/s = $0.08 EPS
$0.08 EPS X 20 PE ratio = $1.60 share price.
Now if the shares o/s is considerably less, such as 400,000,000 or the PE ratio gets wild such as a ratio of 35-40, we could see a wild ride up to $3 before we stabilize around $2.
Not to mention, there are other markets SCMI can expand to... DVDs.
So if all goes well, you know the possibilities. If we reach $2, that's a 3300% ROI from this point. Of course you and I know that we're a long way from this scenario, but you know you thought of this. That's why we're invested here.
Charsi
jrinphx, no I do not feel threatened by MSFT one bit.
I believe STEH summed it perfectly when he stated:
"Microsoft can't even get their core products to be secure from hackers, why would anyone on Earth believe they could develop copy-protection schemes that would work? Besides which, Microsoft has a wonderful reputation for delivering buggy software late..."
MSFT cant even protect their own products. When my friend built his own computer, he didn't pay the $200 for the software microsoft was demanding. He just payed about $4 for a CD that was a hacked version which runs perfectly fine to date.
Everything is hackable. To say that Longhorn will put a stop to it is just more than unreasonable.
How does the shorts/dividends situation work?
From what I understand, shorts cannot pay shareholders in stock, QTIG shares, so they have to pay cash to people that are holding paper shares?
Is that how it works?
Nevertheless, I've got sources who tell me short shares are in the hundreds of millions. I bet they're all anti-DRM fans or better yet MVSN shareholders.
This squeeze should be VERY FUN.
doesnt matter, SCMI is not trying to prevent hackers from ripping music. SCMI is just trying to stop the casual CD duplicator. I believe MM5 will provide that tech.
Plus the labels just wants something that emphasizes "DO NOT COPY THIS WITHOUT AUTHORIZATION" and also something that has 100% playability.
And downloading music is not an option for everyone. Sure you may have cable/dsl, but according to statistics, only 17% of America has cable/dsl modems. And for the 83% of the U.S., good luck downloading music with a 56k modem. It takes hours to download a single song. Downloading 15 songs will cost more on your phone bill than buying a CD costs.
And who cares what the bashers say. If the labels want it and put it on their product, we get $ which is what's happening as I speak.
"I just stated what you all are tinking and are afraid to say."
Not really. I was thinking that before I made my SCMI investment. If you are doubting SCMI, why are you invested here? I would NEVER invest in something I did not fully believe in, which includes both product and management. If your doubts of SCMI trouble you to the point where you flood a message board with annoying, doubtful posts, then your money seriously does not belong in this investment.
Is there a possibility that SCMI can be a flop? Yes. Do I believe SCMI will be a flop? NO.
But then again, is there a possibility that I might die tomorrow in a car accident? Yes. Do I believe that will happen? NO.
So I'm the first to let you know that your thoughts are not universal (no pun intended).
Charsi
Stehvestor, why do you keep associating BS with SCMI? I can prove to you that SCMI is not BS. Go to a store, pick up a CD protected by SCMI and you can see the company you're invested in.
The product plays, protects, and enriches the CD. Simple as that. Something that apparently MSVN cannot accomplish.
We are the standard.
stingray, I am also under the impression that we're going to be on all of BMG's releases. But I was given some detail of the statement, I don't know if you heard this info.
I'm under the impression that we'd be on all BMG's American releases by October and all of BMG's world wide releases by January.
Do you know if we're still on track to having all American releases protected by October?
stehisit, is it true that our profit margin is around 75%?
I wasn't even aware of the production process. Your statement of "We aren't disributing or producing the CDs. We are licensing it and the replicators produce it." caught my attention.
Doesn't that basically mean minimal overhead and that we'll just be taking care of customer support while the revenue rolls in?
This is more amazing that I thought. Does a profit margin of 75% make sense? That is what my source who tipped me told me.
Charsi
Stingray, is it just me or is everyone under the impression that every album released in America by BMG will have SCMI's protection on it by October? Was this what was stated?
Concerning promotional CDs...
I don't know what all this fuss is about.
1)Some promos are protected by SCMI.
2)Some of the actual releases are protected by SCMI.
Sometimes it's just the promo, sometimes it's both. Isn't it CLEARLY obvious that the labels are just testing out SCMI before going on a full rollout (meaning SCMI being on ALL actual releases). I mean it doesn't take a rocket scientist to realize this. Even the PRs say what I'm saying. Go look at the EMI PR.
And how do you test SCMI's technology and market acceptance? You protect some promos, you protect some actuals, and for some, you protect both. Then you review your sales data and observe the impact of the technology. There's no such thing as blindly implementing a massive, full rollout the next day a contract is inked.
And what does the data say? It says SCMI's technology has market acceptance, LESS than 1% of the consumers complain. It stops the steep drop in sales decline due to widespread, unauthorized CD duplication. Bottom line... it works, it makes the labels more money, and the labels want SCMI.
And also, don't overlook the importance of protecting a promo CD. Protecting a promo CD is probably more important b/c if people start duplicating a product that's not even out on the market yet... then you're talking about sizeable losses for the labels.
Sit tight SCMI investors... and don't sell until I give the signal... Ha! Enjoy the weekend.
Charsi
stingray: what do you mean...
when you say "david vs. goliath" scenario is not realistic in real life? There's plenty of examples:
1) Ethiopia successfully repelled Italy in World War 1. Ethiopia had tribal warriors with spears whereas Italy had tanks and machine guns.
2) Okay here's a business example. Bill Gates completely stole the operating system market right under Steve Job's nose and Bill Gate's "windows" was just a "repackaging" of Steve Job's work.
SCMI can dictate to Major labels. Plus in the future, I seriously doubt that Mac, itunes, ipods are going to be of worry to SCMI. MSFT is going to begin their online music store and their own product to rival the ipods. Online music and mp3 players are still in their early infancy.
AND YOU KNOW BILL GATES with MSFT can do it. Remember when the internet was in its infancy? Remember how netscape navigator basically had all the market share? Now look at it... it's all internet explorer. Bill Gates is one damn good business man.
Plus look at the laundry list of protected CDs by SCMI. We are accepted!
I agree. ALJ. EMI must be satisfied. I tried burning a duplicate of SCMI's protected album "hood hop" by Jkwon. And what do you know... I couldn't. All the tracks came out scrambled and I was straight out IMPRESSED (it was sad that i couldnt copy it though... lol).
SCMI has amazing technology, and that was only MM3!
I'm sure brilliant hackers could figure it out, but it did stop casual burners like me from giving it to multiple friends.
Also something else I noticed was that Macrovision makes about 100 million dollars in revenue from markets outside of America. I imagine that the American market it considerably bigger and more lucrative and look who's gonna get it... SCMI. If MSVN can make hundreds of millions of dollars, imagine what we'll make! And don't forget the DVD market in the future. I burn every DVD I get from blockbuster... ooopps! who's stopping me!
Charsi