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Spartan and stockcaller what are your views on what i just posted....sorry no PM Access. does it seem to make sense on Magicleap, possibly buying Mary out?
Magicleap is so well funded its bursting on its seams. I dont think Rony will just watch that 4.5B sit on the bank account. Its also quicker for him to grow Magicleap through acquisitions.
http://techcrunch.com/2016/02/02/ar-startup-magic-leap-raises-793-5m-series-c-at-4-5b-valuation-led-by-alibaba/
Look at the last paragraph on what the Magicleap founder said.....in a rare appearance.
http://www.bizjournals.com/southflorida/news/2016/02/26/black-tech-week-on-creating-your-own-rules-and-a.html
Here is the tweet ...ref Feb 26 2016.
https://twitter.com/MarySpio?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Mary was seen with Rabovitz ....Magicleap founder ....REf Feb 26 2016 tweets. Rabovitz was at the Black Tech Show specifically looking for talent. Then check the jobs on offer at Magicleap. They exactly fit what Mary is doing....possibility of merger with Magicleap or Eon in my view..... i agree
STARGAZER i was hoping the $5B Symantec buyout was for SFOR lol. You and John Have been quiet lately???
Thanks
Cease Trade Order Restriction. I am getting this message at TD Canada. Anyone with similar issues?
Ceek has not even disclosed how much they got from Megadeth...taking into account that Ceek did not excercise that OPTION....the income legally belongs to NXGA and us shareholders. What is Michel doing...the CEO? I would think he has shares in Ceek and this whole thing in my view plays bad for us shareholders . Michel i hope u read the board and clarify this... TERBANECK!
Stockcaller, the note holders are Dave Clark and John Fife. Mary saw the dilution coming and that was the reason she resigned. Dave and John have converted to shares see PR Jan 15 2016 and Apr 22 2016. I would think note holders will excercise common sense here and work out a deal to convert and accept cash in part to keep Mary in.....she is the brains behind the technology. As we know from her tweets the VR PLATFORM is already here and the Megadeth VR concert will be repeated. Universal music is planning 5 concerts this year. I hope the note holders are seeing through this and will exercise common sense. Mary will then have no reason or excuse to leave, to save face she may decide to change the name of the company, or have a merger btwn Ceek and Nxga. She has also said in her tweets ...building Ceek to make Nxga better...will she still leave ...well i dont know...just my 2 cents.
I see Mary welcomed Joe Boeheim Apr 2 tweet below ..."proud to have you on our team" another junior coach. most likely welcoming him to the board of directors.....any thoughts.
https://twitter.com/maryspio?lang=en
ok thanks
Aarons i have been following your inputs , very good, but with due respect how does that old PR relates to our current situation pse explain ...thanks
Toxic debt holder ....converted to shares
Stockcaller here is Mary's tweet on the platform.....she says its here! ref to my older post above.
Old news release,.... but this is the platform Ceek is creating with EON.
http://www.eonreality.com/press-releases/next-galaxy-corp-teams-up-with-eon-reality-to-create-social-virtual-reality-platform-for-facebooks-oculus-rift/
Talking about a platform ....here is Marys tweet.....third item below. She say the platform IS ALREADY HERE!
https://twitter.com/maryspio?lang=en
Agree, her main worry as well had been dilution by toxic debt holders, maybe Fife and David Clark??? It seems the share structure is still good , so if the toxic debt holders and Mary came to an agreement she has no choice but to stay.... after all that was AN OPTION to be excercised after 90 days....sad seems the time has been extended. Fife and Clark could have been our saviours here too, maybe by agreeing to some deal which hasnt been disclosed. ....Fife controls 168 mill shares right now. I dont see that such a number of shares would have made Mary quit??
Here is a tweet from Mary in March....building ceek to turn NXGA AROUND
@wilberth92 Building CEEK to turn Next Galaxy around. U can see more here https://t.co/C3sxwHuH4g Instant Results? How? Please share!!!
— Mary Spio (@MarySpio) March 18, 2016
Warchest...dont know exactly whats coming up here at NXGA. wish i knew . sorry no PM access
Strong and passionate statement there Stockcaller. I hope there is very good news coming Papa is ready to retire any time if all goes well
I agree with Texman, the technology can even be sold at for example a billion dollars...as the market demands. The five million dollars that Mary had ON THE OPTION was only to protect themselves... to pay the least/fair value to the shareholders on the technology they developed. They did not want to overprice themselves and at the same time the 5 mill option gave them a bargaining tool ....if someone offered eg 80 mill and they did not want that, they could still say ..hey we dont want this, give us a better price, we can still get that at 5 mill and go away with your 80 mill. in short the 5 mill was not to over charge themselves on the deal and also to bargain in case they were not happy with a buyout offer.
Lets consider as well NXGA/CEEK handled the MEGADETH VR CONCERT for UNIVERSAL MUSIC. Universal is also interested in the technology see Jan 2016 link below. ....may be worth way above 5 million.
http://www.universalmusic.com/universal-music-group-and-iheartmedia-announce-groundbreaking-virtual-reality-partnership-to-develop-fully-immersive-music-entertainment-experiences/
Your analysis seems to be spot on. I know some of the Ceek people were in South Africa last month....dont know if to meet EON execs or whaT?? Any idea how much EON can value this technology at?? hopefully way more than 5 million
http://www.technewsworld.com/story/83459.html
Read the last paragraph ....BEYOND LEGACY IT PROTECTION. Seems the gov will prioritize ENCRYPTION AND PRIVILEGED access controls, as the future of its cyber defence. Maybe thats why Cooper is on the advisory committee of SFOR.....Futures sales ...maybe!
Here are the two nice tweets!
https://twitter.com/rags_vs_riches
Thank you helps to have people like you on this board.
With all due respect its difficult to believe that Mark could not sign the filing BECAUSE HE WAS ON HOLIDAYS! With the technology we have today , he just has to open up his email, print, read, sign, scan and return the document for release. Without being negative , maybe he is in a buyout meeting?? that would sound better.
Its usually a bad filling if it comes out late!
Usually the accountants are quicker if all the paper work is in place.
forgot my other google email pass word on a public computer today. google asked for my phone number and if i wanted to change my password. in one second i got and alert on my phone ,answered a question or 2 and there i was .....protected by 2 factor authentication ....by Strikeforce!! google is using the technology!
Here is the 2009 Trendmicro/Strikeforce news release
http://www.guardedid.com/pdf/TrendMicroPressRelease10-27-09.pdf
Just wondering if any money has been coming in to SFOR?? This is a 2009 deal!! John can you please shade some light on how these tech deals are structured. SFOR should have made a lot of money by now since this deal goes back to 2009??
yesss sirrr lol
i agree ...here is another story ....note where it says hackers failed when multi factor authentication was enabled.....this technology is very valuable to the big boys!
http://www.techradar.com/news/software/business-software/microsoft-was-flaming-fast-in-fire-fighting-a-major-office-365-flaw-1320084
This is how valuable 2 factor authentication is to Microsoft! ref link
http://www.techradar.com/news/internet/microsoft-makes-worrying-revelations-on-malware-and-fraudulent-logins-1320518?utm_content=buffer2e8eb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Iam sure there are possibilities of out of court settlements?? lawyer to lawyer agreements?? thats the cheapest way to go for all parties. ...The patents with no doubt belong to SFOR....going all the way to court for something thats out there is pretty an expensive way of doing business. .....we could wake up to news of a settlement out of court any time.....thats the way i see it...
I agree on most of your analysis .....but .03 to .05 buyout is rather peanuts for the technology. on good sales volume this company could at least taste a 500 mill market cap. this excludes the buyout.
Thanks Star....your posts are always encouraging
With changes at symantec...ceo out and loss of revenue, from antivirus operations.... buyout offer may come sooner than mid 2017 that Kay may envision..... but 22 billion, Stargazer?? that would be great BUT sooner than mid 2017?? Been wondering if it were an aggessive takeover will Kay be able to stop that??....22 billion for sure will be very good but maybe a bit of a stretch......i respect your posts pse dont take offence.
Hey TONY PAPA wants to retire u better be on the RIGHT SIDE lol