Joye & Diamondintheruff...
Both nice. Took a much needed board break here. 75 degrees and nothing but sun does that to a guy. : ) Sincerely hope April is a sign of things to come weather wise. Last year was a total wash.
I'm starting to believe you about NEOM Joye. Some money may be going into good longterm promising plays I mentioned before. NEOM may well be one of them.
Diamondintheruff...I know SMTR was mentioned before. Even before I was fully introduced to the smaller market, SMTR and I crossed paths. It traded in the low .30's and high .20's then with the same promises you read about now.
Don't get me wrong, the technology itself is very impressive but one thing has hurt SMTR to date: Passive detection systems. When I invested in them 2 1/2 years ago or so, there was a question which way manufacturers would go, passive systems or component systems (ie Smartire). From then until now, auto manufacturers chose their own passive technology to determine whether tire pressure is low.
An example of what I mean by a passive system, is one where the vehicle's ICU (computer) would detect if one wheel is travelling at a different revolution per minute than the others. Over a period of time if this difference was still showing or increased, the warning for low tire pressure will come on. For now many manufacturers chose this route for tire pressure. They simply integrated this into the computer systems of the vehicle rather than use an external component specific for that task.
If the government mandates auto manufacturers have a separate component tire pressure sensor, then SMTR has a very bright future. If not, they still may grow within the "afternarket" arena and use in motorcycles and RV's. I haven't followed them much lately. Since the trend down from the high .20's I haven't looked at them much.
Hey, but who knows??
As for CMKX, not really much to add. Today in my mind was an important day. I felt filings should have occurred Friday or today whether they were good, bad or ugly. If they got a verbal agreement from the judge that they didn't have to file until the hearing on May 10th (don't be surprised if there is a continuance beyond that date as well) then I understand. But if I was the one making the call, the filings would have been in Friday that way there can be no argument and they will not get blindsided. Wouldn't it suck if they received an adverse decision partially because the reports due April 17, 2005 were not filed.
How many times in our personal or work lives has someone assured you of something verbally, only to somehow have the worst case of amnesia days or weeks later?
We've all been there.
I did of bit of DD on Mr. Meheu last night. To say that he was a close source to the power brokers of the WORLD is an understatement. It goes well beyond Mr. Hughes which is impressive enough. I even hesitate posting the few links I was reading the information was that sensitive and powerful.
If you do a search by putting in his name, take some time and read through some of the links. I'll try to bring some of his work in the business world to the board as time allows this week.
There has been something on my calender in stone for Wedneday (4-20) or I would have taken the short trek to NYC to meet Mr. Meheu as he is the guest speaker for DKE's annual meeting.
As for racing, I was routing for Bartone. Dunn can tune the hell out of a car. I saw Urban hug him. I saw the massive trailer, motorhome, cars, parts and couldn't get out of my head that we paid for everything on the screen.
I'm sure he's a nice guy, but he is the reason we are sitting BELOW .0001 right now and sitting around looking at each other waiting for SEC revocation hearings to occur. I invested in a diamond and mineral exploration company. I never meant my money to be the personal lottery to a small group of people and finance and NHRA team.
Where would we and CMKX be now if Mr. Meheu and Atty Stocklein didn't come on board in February?
Don't answer I already know. (Titanic theme song is playing in the background).
Bo : )
