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Radly strikes again.
XUII CEO Adam Radly is also CEO of Velocity Data (9VD on Frankfurt Exchange, use symbol 9VD.F with Yahoo Finance). Shares last traded at 0.0990, a new year low down from a high of 0.24.
Seems like everything he touches turns to lead.
I see the 10-K will be late ...
per news report / filing today.
Is that because:
a. Radly or Bates is in jail?
b. They are having trouble doing the math given all the share dilution?
c. They used GiddyUp app to schedule this task?
d. RM Tracking provided the tracking on the paperwork, and it's now lost?
e. Radly and Bates are too busy with Velocity Data?
f. They can't decide which of the leftover Imerjn tablet inventory to use to complete and submit the filing.
g. Something else?
Inquiring minds want to know!
Doesn't seem like a recipe for success ...
for XUII and its shareholders, at least to me.
How is XUII ever going to grow and be a real success for shareholders if the CEO is part-time, the CFO is part-time, and the appearance is that a bunch of unnamed contractors are doing the work? In general, for a start-up that needs sweat equity and finance equity, where is the incentive for contractors to make the company a big success?
You said:
Their filings indicate 10 employees+consultants pre-RMT so assuming another 5-10 with RMT:
10 employees/consultants per SEC filing
10 employees/consultants 180k/qtr a year ago (720k/yr) so presumably $2m/year now
Income statement
What employees does XUII even have?
Am still waiting for someone to name any full-time employees working for XUII, other than perhaps the recently acquired RMT employees. Haven't seen even one name yet. Clearly Radly (CEO) and Bates (CFO) are part-time, as they have similar roles with Velocity Data and presumably other companies too. Maybe there just aren't any.
You said:
Why would the employees file a complaint? it puts their families out on the street just in time for the holidays.
The PR stated their would be dilution-nobody can be surprised
SEC doesn't shut down stocks b/c some crack head sends them an email
Radly has found a new company.
Check out Velocity Data. 9VD.F on the Frankfurt Exchange and VCT on the Canadian Securities Exchange.
Looks like it's the same crew that may have helped bring down INVA and XUII - Radly, Bates, etc.
I wonder why it doesn't trade on any US based exchanges. Has Radly worn out his welcome with US agencies? Does he need to stay outside their reach?
Radly and Bates have popped up elsewhere.
Check out Velocity Data (trades as 9VD on the Frankfurt Exchance, and VCT on the Canasdian Securities Exchange. Seems rather odd that an apparently small predominantly US based company would choose to trade on a couple of foreign exchanges, but not a US based exchange.
Wonder if anyone is taking the effort to notify Velocity Data's customers and partners about the track record of Radly and Bates.
You said:
XUII - The SKULL and CROSSBONES means that XUII and RADLEY are finished. This will never see the light of day. No reverse split coming here. FINRA will never approve. XUII will die a slow death like the 2000 other stocks that have been relegated to GREYSKULL! Radley can PR whatever he likes. SEC has found suspicion in his PR filings. Be on the lookout for him as he will pop up again elsewhere. A CROOK is always lurking!
Is Imerjn (XUII) still operating?
1. Are they up-to-date with their required SEC quarterly filings?
2. Are they still updating their Facebook page?
3. Do Radly and Bates have time for Imerjn now that they are running Velocity Data?
Radly is consistent at dropping share price?
He sure seems to be based on what I've seen
ISIS Communications - merged at a lower share price than the primary and secondary offerings that Radly apparently led.
INVA - Trading at a minimal valuation and market cap when he left as CEO late last year.
XUII - Share price down over 99% while he has been CEO.
9VD.F - Share price down 28% (from 0.21 to 0.15) since Velocity Data started trading on the Frankfurt exchange.
Rumors of his arrest were posted on this message board. Has anyone confirmed if that was true, and if so what the charges were?
Why does his latest venture (Velocity Data) not trade on any US based exchange?
Why does anyone trust their investment funds with companies that he leads?
You said:
Another failure by Radly. I wonder how many more companies is he going to run to the ground, with the investors being the ones buried first, and him doing the burying with the loads of shares.
Even the gray market cannot save the investors from the eventual dilution of shares back to trip ones, as he will bury a new group now.
At least the gray market can save the new investors.
Sigh, Radly Radly Radly, you really are something.
Is he doing it again with Velocity Data?
Trades as 9VD.F, where XUII CEO Adam Radly is 9VD CEO, and XUII CFO Bob Bates is 9VD CFO.
Shares of 9VD are already down over 33% in just over a month of trading. Closed at 0.21 on first day of September 8, 2014, closed just under 0.14 today (October 15, 2014). I wonder if these guys are running a scam over and over again at different companies. Or maybe they're just incompetent at maintaining or growing share price for shareholders.
You said:
I certainly hope so , he did this 2 times within a year with 2 separate companies and shareholders. I hope he has to answer to authorities in a court of LAW!!! And I was silly enough to be invested in both companies,, INVA And XUII I lost a small fortune with this guy.
wish was no one lose their money
My wish was to see no one lose their money. I celebrate no one's misfortune, other than those who created this situation, in the hopes that they cannot do so again.
You said:
You got your wish to see everyone lose their money here. Now why dont you get some champagne and go celebrate our misfortune. Meanwhile we can speculate on what happened without your dissertation. Karma will prevail glta xuii
radly doesn't seem like a bad guy.
Maybe he is, maybe he isn't.
But if you're going to invest with him, you should consider whether he is capable of growing shareholder value.
Has he done so at XUII? Where share price is down over 99% since the close at $0.035 on his first day as XUII CEO on October 1, 2013?
Did he do so at INVA? Where market cap seems to be more or less on the order of under $100K, which I can't imagine was the market cap when he took over there, but was probably close to the market cap when he left late last year.
How did his acquisition of Desert Communications work out for INVA? Didn't Desert Communications file for bankruptcy earlier this year?
Did he do so at ISIS Communications? Where the company merged at a share price lower than the IPO price he created?
Is he leaving a trail of successes or a trail of fiascos?
You said:
np radly doesn't seem like a bad guy we'll see what is said after this fiasco
Awesome impact!
XUII share price won't go down for ten trading days or so in a row. Don't think it's ever managed to do that before, has it?
Didn't Jeff know what was up?
Wasn't he involved in INVA with Adam Radly and Bob Bates at some point too? Wouldn't INVA already be considered a blemish on his resume?
You said:
ou know, I've got to wonder what Jeff Mandelbaum thinks about all this. What the hell is he sticking around for? At the moment, this will be a bit of a blemish on his resume. I wonder if he'll be resigning here very shortly.
They needed to raise cash to pay off debts.
Did Adam really buy 100K worth of stock with his own money? If you read the messages here over the last day or so, there seems to be conflicting stories as to when he acquired the shares (recent SEC filings Form 4 and Form 5 seem contradictory) and someone has posted that the shares were acquired in exchange for LS Technology and Amonshare.
Your theory seems positive but unlikely to me.
You said:
I can see the A/S increase as a pawn for the next move. They needed to raise a whole lot of money for something and quickly considering they did not wait for the pps to increase even a little. Let's not forget that Adam bought over 100k worth of stock with his own money. I would not understand him splitting it and watching his money deteriorate even further. My theory is a split with some rather good news soon after.
How will they get this?
How are they going to get acquisitions that are cash-flow positive? How are they going to grow current revenue streams - tablets seem to be selling rather poorly and revenue from personalized cloud appears to be negligible at best, RMT revenue seems to be dropping. Seems like their best business is driving profits for toxic debt lenders.
You said:
I'm sure after they get enough acquisitions/revenue/cash flow they won't have to resort to toxic debt. Then they can do things like S1's and traditional financing. After all they're still a startup.
Please clarify.
1. Inova stock was up during Radly? What was his first day and what was the per share price? What was his last day and what was the per share price? What was the total stock splits during this period - there were at least one regular and two reverse? I believe the data will show that the net effect was a loss.
2. For someone who bought ISIS Communications shares at the IPO or secondary offering and then converted/sold their shares at the merger, did they make money or lose money? I believe that the data will show that this was a loss.
3. So ACLH bought ACL, then ACLH was converted to Velocity Data? Thus ACL and ACLH no longer exist?
4. So Iimagine no longer exists? When did Iimagine end? Didn't they just host a film festival in New York last weekend where Radly was a Festival Director?
5. So Radly Center no longer exists? When did it end? Don't they still have a website that is up and running?
You said:
Yes that goes for you-do real due diligence
1) Inova stock when up during Radly's time
2) Isis was created from $0 and credit cards to over $100 million
(one hundred million)
3) ACLH is Velocity. Radly center is no longer existing (or is Iimagine). Southbase doesn't exist anymore
Radly acquired shares on 7/23/2014 per SEC ...
filing of Form 4 filed on 7/24/2014. The share amount was approximately 181 million. There seems to be no way to interpret that filing to be associated with any shares acquired before July 23, 2014.
Form 5 filed on 9/18/2014 indicates he acquired approximately 181 million shares on 10/1/2013.
So did he acquire a total of approximately 362 million shares, or just 181 million shares? If just 181 million, why are two significantly different dates reported on different forms?
Do real due diligence.
Why do you say Radly seems like a good guy?
Is he really a philanthropist? Has he donated significant personal funds to charity, or did he generally donate company funds and get his name and picture in the news? Is Radly Center active? How much has he personally funded it since inception?
How have shareholders fared under his leadership?
At XUII, shareholders who bought or owned at the close on Radly's first day as XUII CEO are out over 99% of their investment (October 1, 2013 close at $0.035 and today's close at $0.0001). I'm guessing that INVA share price tanked significantly under him too, but you should do your own research to confirm. Didn't ISIS Communications merge at a share price valuation below the IPO and secondary offerings he led, resulting in a loss for shareholders?
I have no thoughts as to whether or not he's an evil shyster out to steal stock holders money, but you should look at his track record to see if shareholders have generally made or lost significant share price value under his leadership.
If you're expecting XUII share price to recover to provide good long term investment returns several years from now, who do you think is going to make that happen? If you think it will be Radly, do you believe he will be putting the time and energy into making that happen with all the other ventures he might be involved in such as XUII, Velocity Data, Radly Center, Southbase, ACLH, Iimagine, etc.
You said:
Hey guys. I'm pretty new to stocks. Had a 20% profit going over the year until I invested in XUII. Like a lot of you - looked like an opportunity to get rich quick (big LOL!). Think I learned my lesson! But, I do like John's optimism. Radly seems like a good guy - a philanthropist - not some evil shyster who is out to steal stock holders money. Even after a reverse split and the inevitable drop in pps - I wonder if we just forget about this one - don't sell - in a few years - we might just have made a lot more than if we'd put the money in the bank. I guess what I'm saying - it might not be a total loss and in the long run a good investment. It does seem that imerjn has some good products that might just pay off (in the long run). This pertains to those that have an average like mine (.0007) or higher. Just write it off as a long term investment - not much else we can do except sell now and accept the loss. Think I'll just hold.
A good plan for who?
I trust Radly has a good plan for Radly, but I wonder if Radly has a good plan for XUII shareholders.
You said:
LOL has no one posted this one yet;)
http://iimagine.org/festival/
http://iimagine.org/festival/about/
i trust radly has a good plan
Why heading north now?
I've been watching XUII share price tank for over a year, down over 99% under current CEO Adam Radly from $0.035 at the close on his first day in office on October 1, 2013 to today's close of $0.0001.
Maybe you're ready for share price to head north, but I see no reason why the market is ready for it to head north.
You said:
Ready for it to head north
Question is ...
Who is dumb enough to buy down here? Share price already down from $0.035 to today's $0.0001 under Adam Radly's tenure as XUII CEO. Wouldn't surprise me if we saw a reverse split then a further drop in share price.
You said:
loool yessir no ones dumb enough to sell down here unless someone buys 1s
All $1,250 to $2,500 of it?
Wow, that's a big time investment by someone. Volume of a little over 12 million shares trading at $0.0001 to $0.0002.
You said:
today 99.99% buys
Are press releases tied to large share dilutions?
I seem to recall a few convertible loans being due by the end of September. If those haven't been repaid or converted yet, I wouldn't be surprised to see a press release intended to give share interest a boost to support the associated share dump by the loan holder.
You said:
You never know what we going to see. Right now we need a news so we can hit 0.0010
How will they build up products and revenue?
Tablets don't seem to be selling very well. Doesn't seem to be anything other than trivial-at-best revenue coming in from apps and personalized cloud. Looks like RMT revenue is decreasing from a year ago.
Just how do you expect XUII to build additional products or revenue? It takes time, money, marketing, and significant effort to build up existing and future products as well as revenue. They need to keep moving the existing debt to new loans, so time isn't going to be available forever.
What makes you think Radly even has a desire to move XUII to the Nasdaq? I think I already read a statement that he's not taking Velocity Data to any US exchanges.
You said:
Read My Lips: There will be no RS. An RS may ocurr down the road to enter into a higher exchange (NASDAQ), but only when the pps is at a higher $value! $0.10 or higher would be reasonable. It takes time to build up existing and future products, as well as revenue.
JMHO
Glad you're happy.
A level of happiness seems to dull the pain of investment losses.
You said:
im personally happy I got to load this low i was in at .002 and averaged down to .0006 lol still down quite a bit but getting paid so that average will be .0004 soon
I think you'll be lucky to get that.
With the significant dilution that seems to be continuing, press releases seem to very little impact on boosting share price.
Unless there's a coordinated pump & dump pushed by a paid stock promoter or an announcement of significant increase in revenue, I don't expect there to be any catalyst to push share price higher, even the minimal amount you're looking for, especially given the large number of shares outstanding and apparently continuing dilution.
Good luck.
You said:
I've been watching this tank for weeks since that last pop.. Just got in at .0002 but I I can't sell till the ask is at .0004 and bid at .0003.... My sell order is at .0003... Any thoughts?
I expect reverse split to take it higher.
What else do you think would cause share price to increase?
Tablets were announced in December 2013, been selling for several months now with apparently minimal sales.
When are apps and personalized cloud storage ever going to bring in revenue or profit?
RMT revenue seems to be shrinking not growing.
Press releases, commercials, conferences might give a short term boost to exposure or share price, but they don't seem to be having any significant impact on improving revenue or profitability.
You said:
WE ARE ABOUT TO TAKE OFF SOON UP TO 0.02
Scam suspected for a long time.
With share price down over 99% under current CEO Adam Radly since the close on his first day in the role on October 1, 2013, I'm guessing that the market has been suspecting a scam for a long time.
You said:
Did someone ring the scam alert bell?
Real products real company?
If that's the case, then here's your simple question challenge, which should be quite easy for a "real company":
1. Name 5 full-time XUII employees and their job role or job title. Remember, the CEO (Adam Radly) and CFO (Bob Bates) aren't full-time, as they hold similar positions with other companies as well.
2. Name the office location where at least 5 full-time XUII employees work, other then the Rocky Mountain Tracking office in Colorado.
3. Name one significant "personalized cloud storage" business customer that XUII has signed since the August 2014 IT Expo conference and national tv ad campaign.
4. Amazon.com states that the Imerjn 10 Tablet first became available on the site on April 23, 2014. How many "verified purchase" reviews of this product are there on Amazon.com?
You said:
real products real company don't listen to the board bashers:)
That's right, in trips.
And I think the only thing that's going to get you out of the trips is a reverse split. When's the last time that XUII share price rose at least 5x without the help of a significant pump & dump like APS over a year ago?
You said:
for the time being were in trips
The xumanii tsunami already hit!
Under current CEO Adam Radly, the Xumanii Tsunami hit on his first day as XUII CEO on October 1, 2013 when the XUII share price closed at $0.035.
Ever since then, the devastating effects of the tsunami have been unleashed, with share price down over 99% to today's close of $0.0002.
The 52 week high will continue to get lower and lower as those days of the $0.035 close from a year ago become history older than 52 weeks.
I think any laughing you do on the way to the bank will be a laugh of insanity as you realize the tsunami has washed your savings and investment away.
You said:
xumanii tsunamii is going to happen and when it does I'll be laughing all the way to the bank with my initial investment to be cashed in thenn time to wait to see where we peak:) i smell a new 52 week high jmo
How is XUII into cloud computing?
All I see is their cloud storage offering, which appears to be built on an existing Amazon service. How is XUII going to out-innovate the Amazons, Googles, Dropboxes, etc. both technically and financially? Please name the technical wizard(s) employed at XUII who are going to drive this innovation.
You said:
XUII is a nice play if cloud computing is what they say it is.
XUII has an inside track to bringing innovation to a new technology that is suppose to be in demand.
If cloud computing is all the rage, there seems, therefore, to be a good deal of upside to XUII.
You should have it easy.
I think some more convertible loans come due around the end of September. If you're looking to buy, the resulting dilution should be presenting you with plenty of new shares available to purchase. But good luck finding someone to sell them to without taking a significant price hit.
Go for it.
Doesn't look like there's much competition to buy at $0.0002, so I'm guessing you can get all you want. All those trailing zeros (share count, not dollars) should look pretty when you look at your brokerage statement. Think of it as spending entertainment dollars rather than making an investment.
Don't just scratch the surface.
Let's analyze.
This is no scam. The CEO is determined.
RESPONSE: The CEO is determined to do what? Run many different organizations at the same time? ALCH, Radly Center, Southbase, Velocity Data, XUII, etc? How much time does a startup like XUII need from its CEO vs. how much time is Radly providing?
(1) Products (tablets)
RESPONSE: Yes, they have tablets. How well are they selling? Sold less than ten in July 2014. You can buy an ASUS MeMO Pad for $59 less on Amazon with comparable features to the Imerjn tablet. How is Imerjn going to make money if their tablets are more expensive with no differentiation?
(2) Innovation (cloud specialization).
RESPONSE: If personalized cloud is so great, why aren't others copying? Why isn't XUII raking in the revenue and profits if this is such a great idea?
(3) Image (dedicated to keeping with the times in styles of product).
RESPONSE: What image?
(4) Acquisitions (the GPS co.)
RESPONSE: How does this help? The old RMT CEO is gone. Is RMT generating excess cash/revenue to help XUII grow, or is it barely breaking even. Are RMT revenues up from a year ago or down? Why doens't the RMT website have any mention of XUII, Radly, Imerjn, etc?
(5) He invests into his company (buys a zillion shares), and runs national ad campaigns.
RESPONSE: Why did it take Radly close to a year before he invested in shares of the company where he is CEO?
If this CEO was here only to make money off of shareholders then he wouldn't have to go to such extremes to accomplish that.
RESPONSE: Well shareholders who bought on the close of Radly's first day as CEO on October 1, 2013 bought at $0.035 per share. Those shares are now trading a $0.0002 per share. That's down over 99% under Radly. If shareholders aren't making money, who is? The note holders that Radly keeps borrowing from?
This CEO is determined to make this company a success.
RESPONSE: Well, he sure hasn't demonstrated that it's going to be a success for shareholders.
At these pps levels, XUII is a steal.
One cent is 50 times your investment from here.
RESPONSE: Name one company that has increased share price 50 times under Radly. ISIS Communications, INVA, XUII, Velocity Data? I don't think so. Why can he do it now?
50 times.
F-I-F-T-Y.
It was a tsunami ...
that caused the XUII share price to tank over 99% under current CEO Adam Radly?
What about the new owner?
Why hasn't XUII taken the minimal effort to update the RMT website to note the relationship with XUII/Imerjn?
Seems like it would only aid in overall marketing. Unless of course, XUII is trying to hide something, or the deal is expected to be undone, or XUII doesn't have the know-how to make such a simple change.
You said:
RMT is part of Xumanii now-doubt the old owner has any involvement/reason to make announcements.
Business week will have to do:
Business Week announces Imerjn purchase of RMT
Wall street
Someone always thinks something big is brewing ...
... amazing how it never turns out to be big profits.
You said:
Are you still going on about an arrest? LMAO! most people here have been arrested for something in their life. This will run regardless, load the cheapies. Some of the best CEO's have been in jail. It teaches them time management. Anybody really selling ones when they could get 2's? Something big is brewing imo, 10 bagger like Mick Jagger
Xhilarating Undervalued Innovative Ingenuity
Where is the announcement from RMT?
I still don't see any mention of XUII or Imerjn on the Rocky Mountain Tracking website. Anyone find a mention or reference?
You said:
Todoist is made by Doist, a privately held company based in Santiago, Chile. Their US office is in San Francisco. Interestingly enough, while XUII PR'd about a partnership, there is no PR from Doist regarding a partnership with XUII. I'm not suggesting the partnership isn't true but I guess this "partnership" with XUII just wasn't even worth mentioning.
http://doist.io/press/
The business plan - proposed vs. actual.
There is the stated desired business plan and then the achievable one without sufficient revenue and funding. The achievable one (maintaining SEC filing status and marketing) looks pretty limited.
A few excerpts from the latest XUII 10-Q/A:
Our business plan which Xumanii has commenced is to enter the branded tablet market, app market and pursue acquisitions that may be synergistic to the company’s focus in various technologies.
If we are able to raise the required funds we will fully implement our business plan. If we are not able to raise all required funds, we will prioritize our corporate activities.
If we are not able to raise the amount needed to fully implement our business plan as anticipated, we will scale our business development in line with available capital.
Our primary priority will be to retain our reporting status with the SEC which means that we will first ensure that we have sufficient capital to cover our legal and accounting expenses.
Once these costs are accounted for, in accordance with how much financing we are able to secure, we will focus on market awareness, testing and servicing costs as well as marketing and advertising to social media marketing websites. We will likely not expend funds on the remainder of our planned activities unless we have the required capital.
Your post said:
These are things privy to the company. At most an S1 might have some hint.
Narrow business plan? I can't think of a more broad one-GPS acquisition, tablets, watches, apps, cloud, etc