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hitechwatcher

05/12/08 8:03 PM

#8692 RE: knowlesmsncom #8687

On this point you are missing the mark just a little. Annes diary was not Fujitsu's main end user. It was Novell licenses and they did sell 28,000 in the 4th quarter of 2007 for this use.

The problem was that with the crooked hedge funds and incompetent management of Nick and Mark Sequiam did not have the ability to fund the size orders that Fujitsu wanted to have.
Reminds me of a company I saw about 10 years back that one best of show at Comdex. It was called the Qube', the first tablet computer ever invented. They booked $30 Million in orders at Comdex and went out of business because they could not fund the manufacturing fast enough and.....boom Toshiba comes out with a tablet computer 13 months later.

What I find amusing is posters who were banned here are now moderator of BMRX board and don't see the same thing coming. The turn a blind eye to massive debt and dilution. BMRX and Sequiam both have incompetent management and inadequate financial resources to stem massive debt.

More sales at low margins did not solve for Sequiam and it won't for BMRX either.

So the problem was not they could not sell enough of the ScanQ, the problem was as now with BMRX with pathetic finances and management combined with low margins it is a recipe for disaster.

BMRX actually got very litte in the "takeover" of Sequiam by BIL and Crestsewer. They should of focused on correcting the defects in their current product lines and deficient management and finances.

hitechwatcher

05/14/08 12:29 PM

#8693 RE: knowlesmsncom #8687

Another phony PR submitted by BMRX today about Sequiam Executives. News to Barrow or Henderson neither have a contract with BMRX.

Read the release closely "we will be working with". Sequiam executives have are NOT employees of BMRX. BMRX tried to negotiate contracts but as of today Barrow and Henderson not BMRX executives....FACT.

Nor did BMRX get Black and Decker (suing BIL and Crestview), Fujitsu and/or bioBOX as that is still owned by Ed Chen.

"so all products, customers and top executives coming to BMRX) is a fantasy. And as always once again my sources better than yours...the patents in yesterday press release are worthless that is why Sequiam never filed them. BMRX just issuing press release a day to keep the obvious from happening. Stock tanking just like Sequiam.