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I had to ask the same question myself. I found that Satius has licensed its different technology to several companies.
SO, why? Maybe because SEVU is turning around. Otherwise, in my opinion why would Satius care to license anything to SEVU?
I remember previous PR from GB announcing the settlement of the class action. Can you find it?
Bad news. After intensive technical and other investigation we found that the technology Ambient offers only works on certain power lines and in certain circumstances. It does not work on every power line all the time and all the locations. The trasnmission speed we found can not be increased by Ambient to higher then maybe 40-50 Mbps throughput over the entire ditribution line, which serves at least 3,000 homes - this speed will be too slow for that many homes. The bridging technique they use for each distribution transformer will be too expensive, more expensive then fiber, and dangers.
The Japanese we found already signing another agreement with another company, who has lot better products.
Consequently, we decided not to invest into Ambient.
COuld you give me the link? I can not find in anything else other then fiber optic communication devices under this web sites:
http://www.sumitomoelectric.com/
Again. Can you show me an article or link? My investors do not believe this.
B
How do you know this? The article did not say this:
"DS2 chip speed is expected to increase from 45mbps (gross) to 200 mbps with next gen. chip. ABTG has patent pending that utilizes all neutral wires in underground cable that would provide 1.5GBPS (gross)with this DS2 chip."
A scientist says that no matter how you try with below 30 Mhz carrier frequencies you will never get higher then this 45 Mbps speed. In fact DS2 already advertising the 45 Mbps speed with the carrier frequencies up to 38 MHz, which is the violation of the FCC rules.
I have a serious investor. If you can convince him he will invest heavily, but the scientist says, "this is non-sense"
I am here and watching - why people buying?
I am here for the long run even if some event delays.
Dan, the secret is to hire the best firm who is going to do the work for you for about $60K.
That $60K separates us. Because I paid for the info $60K and the rest of you did not.
Now, I am buying the $0.2 shares you are not.
we learned from number of companies that you do not need to be an insider to find out what is happening. you need to do your homework.
I also wonder why do you still write here and why do you have any SEVU shares still? I thought you are only a writer but not a shareholder.
Schoffer - yes I said it before. I believe RCA is signing a contract with SEVU. An RCA employee told me at the CES show.
You need more details? Go to Easyplug.com
I believe others have found out the same at the CES what I reported here before. I also want an appology from the bad mouthing people here including Golf and the Nuts.
Today the traffic slowed in CES.
I forgot to tell you that Sevu and RCA has the same and new price for Secureview. $249. That will sell a lot.
Guys. I could not believe what I heard first neither. All of you come to the show and see it yourself.
Ok. More news from CES.
I finally was able to talk to JR. Sevu is not listed because they bought the booth in the last minute. Kodak cancelled, therefor Sevu is on the hot spot between the big boys with lots of traffic.
They had 15,000 fliers and was all handed out yesterday. Today they got 100,000 more fliers.
They are going to have at least 4 major meeting with big companies during the show to discuss large orders.
RCA said they sell about 1 million phone jack a year and they expect the same for Secureview.
Ammazing how many people walks by (fights his way in) to Sevu just to get a flier. Most of them wants to place an order now.
Stevie, you need to be here. It is so exited. Seaview is here, I can not get to them because the retailers are all over Seaview's booth.
BIG NEWS FROM CES.
I am at the CES show as we speak.
I saw Secureview at Thompson Consumer Electronics (RCA)'s booth. I asked what is the deal. They said they just signing an agreement with Seaview to distribute Secureview.
I asked how many units they expect to sell, they said a lot.
Moron - what Shamus is doing is a willful misconduct. Any shareholder who sold shares in the last couple of days should sue Shamus because Shamus intentionally misleading shareholders. Maybe for his own benefit.
So, lets sue him!
I guess you are the owner of this site.
You need to remove Shamus from the SEVU board because he is after revenge, not facts.
FG, gotinearly and others already proven to him and he received a fax from FG (which came from the company) that the total # shares are incorrect as he display it. There are 33 million treasure shares which is not issued but owned by the company.
He got the previous info from another shareholder, who told him so. Shamus is not looking for facts and real due diligence, he is after revenge.
Therefore please remove him from SEVU board ASAP
Guys give me more support. Lets remove Shamus
Some people are buying lots of shares. I guess they know something is happening.
Did anyone called the company to get info?
Madhatter - I do not think we will get any explanation from SEVU.
Looking at the numbers, it seems to me that SEVU probably manufactured lot of SecureView units to sell them this quarter. We also saw the ad by Costco and a new ad is coming by SEVU this week.
It looks like SEVU got lots of investment, which is good because now they probably have lots of money for advertisements and it is also a positive sign that investors are confident that something maybe big is cooking. We also saw massive share purchases after massive sells this morning. Some people knows something.
That is what I read into these numbers.
Shamus - I wrote you last week to call George B. because he is giving out public information in writing too about the shares. Of course, you have to be a shareholder. Did you call him? Why are you looking for legal trouble for yourself with false info that you heard from some unnamed person?
Why do you check the fact?
Any credible shareholder would do his due diligence.
gotin - she can file whatever she wants, but the judge can ask her to come in his office or to be available on a conference call and the judge can ask the reasons or Seaview's attorney can make a big stuff out of it. In addition to it, her ex-lawyer can says lots of lies that will make her guilty of something, that will be made up by her ex-lawyer, then she will have to explain, and then it will be more difficult for the judge to believe her, because then the judge will ask why did not you tell me the whole story before. What else are you hiding?
Nevertheless she does not have to say that her ex-lawyer "lied" - she can say whatever the truth is.
Ann S. needs to write the following motion to the Court (bring it in by herself into the court house or mail it), since her ex-lawyer will never do it and Seaview can not neither (She should also contact SEVU to ask to sign an agreement that sevu WILL NOT CONTER SUE HER FOR ANY DAMAGES AND LEGAL FEES IF SHE WITHDRAW FROM THIS CASE NOW) (Remember if she writes only a letter to the Judge that will be ignorred, she must write a motion to withdraw) as follows :
Ann S
(her address)
(her telephone #)
_______________________________________________________________________
CIRCUIT COURT OF FLORIDA FOR __________ COUNTY
CIVIL ACTION - LAW
Ann S and (others) CIVIL CASE NO.: _______________
Plaintiff,
v.
Seaview Video Tech
Defendants.
_______________________________________________________________________
ORDER
AND NOW, this day of , 2001, upon consideration of Plaintiff Ann S request to withdraw from the Case #:__________, IT IS ORDERED that plaintiff Ann S is withdrawn from this case and her attorneys are directed to remove her name from this case IMMEDIATELLY.
SInged:__________________
JUDGE, DATE
(next page)
Ann S
(her address)
(her telephone #)
_______________________________________________________________________
CIRCUIT COURT OF FLORIDA FOR __________ COUNTY
CIVIL ACTION - LAW
Ann S and (others) CIVIL CASE NO.: _______________
Plaintiff,
v.
Seaview Video Tech
Defendants.
_______________________________________________________________________
MEMORANDUM OF LAW IN SUPPORT OF ANN S'S MOTION TO DROP A CASE
Pursuant to Rules _____________Florida Rules of Civil Procedure, paintiff Ann S. has the right to withdraw herself from an ongoing litigation specially when she was contacted by the attorneys with false statements to become a plaintiff. (you need to find the specific rule)
Respectfully submitted,
__________________
Ann S.
(address)
(telephone #)
Dated: ______
(next page)
Ann S
(her address)
(her telephone #)
_______________________________________________________________________
CIRCUIT COURT OF FLORIDA FOR __________ COUNTY
CIVIL ACTION - LAW
Ann S and (others) CIVIL CASE NO.: _______________
Plaintiff,
v.
Seaview Video Tech
Defendants.
_______________________________________________________________________
MOTION TO WITHDRAW
Plaintiff, Ann S, hereby moves this Honorable Court to enter an Order to withdraw plaintiff Ann S from this case for the following in support thereof:
1. On __________, Ann S. was contacted by lawyer _________ to sign up for lead plaintiff and etc.
2. Plaintiff lawyer, Mr. __________ did not tell truth to Ms. Ann S. as follows:
3. Because Plaintiff lawyer misrepresented the facts for Ms. Ann S. therefore Ms. ANN S request the HONERABLE JUDGE to remove her from being listed as a plaintiff from this case.
__________________
Ann S.
(address)
(telephone #)
Dated: ________________
(next page)
CERTIFICATE OF SERVICE
The undersigned hereby certifies that a true and correct copy of the within PLAINTIFF MOTION TO WITHDRAW for Seaview Video Tech and the plaintiffs lawyers, was served this date to defendant and the rest of the plaintiffs lawyer by First Class Mail postage prepaid of Mailing upon:
(list all the addresses for sevu, and the plaintiffs)
Sign:_____________________ Ann S Date:____________
(address)
(telephone #)
Frank, I do not believe that you will be able to show loss of money due to any wrong doing by McBride or SEVU.
I smell money and big contracts that will make everyone happy and any law suit will not be succesful.
I am bying lots of shares, because I smell big rise.
Make yourself free and happy, go with the flow and make money instead losing money for greedy lawyers.
Duly, before making all the conclusions let see how much money sevu and the other company officers made for the last couple of years.
As McBride said, he and the other officers did not make much money from sevu as a compensasion. It also seems to me that the new management not just highly qualified but probably made lot more money before and thye hope to make a lot here.
Therefore, questioning a 2 years resticted $0.1 shares in PP does not seems to be right. Maybe we should add that these management each would make a $1 million a year earnings in sevu, and instead they would get these low restricted share options.
Now, is sevu prepared to pay the new mangement what they earned before? OR let them to take more risk to earn their money in 2 years, so they will increase sales and the share values?
Francois, what you forgot to add to the dilution is the sales increase. Let says sevu does not get investment, therefore sevu will not be able increase its sales by advertisements, in fact sevu may decrease sales because of no advertising. So, raising money for sevu for adds will hopfully significantly increase sales for sevu, that will increase the share price. On the other hand, no increase of sales will decrease share price.
Which boat would you ride?
I prefer more sales and bright future.
cabos - I heard about a year ago that SEVU was looking for big finacing to increase manufacturing and sales. Now, I guess, SEVU got lots of offers and was negotiating to get the financing. In the meantime, one of the condition became that sevu moves to AMEX. Sevu would have gotten its financing after they have moved to AMEX and they would have manufacture and deliver the +$9M Secureview units that were already ordered and therefore SEVU would have made the finacials that they posted in their PR's.
Now, guess what, who screwed SEVU? Yes, the shorters. The shorters knew these info and they planed the shorting and this law suit ahead of time. Shorters goal is to destroy a company so they do not have to cover.
Now, whether or not this law suit will go to a Class Action, the facts will come out one day and I support the statements by FG, that the real law suit will be the counter suit.
So tell me, who made fraud, who should be responsible for the losses of money by the investors, and who should pay?
I believe SEVU is already out of trouble and going towards big success.