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steve64

04/02/05 11:26 PM

#20375 RE: interestinginfo2 #20374

Folks, I've been reading all your opinions, and all the opinions of fellow SCMI holders on the BB4 board today, and here's what comes to my mind. I have to tell you all, I'm really getting scared about the amount of money I have in SCMI!!! If the majority here are correct and MMXT will have 620MM shares outstanding. We're looking at one hell of a market cap for a company that had roughly $260,000. in revenue for '04!!!! The more I look at the house of cards that is currently SCMI,QTIG the more rotten it looks. Why the hell didn't we just hire Bill Whitmore and the other guy,as opposed the giving away 40% of our future revenues into an old shell????? Then there's all these subsidiaries of SCMI(Project 1000, et al.) that all own large %'s of QTIG. PJ seems to own large %'s of everything!?!? Then you have JTM Investments out of Nev, who is a large holder of SCMI, but they just filed to sell 2MM shares the first week of March on form 144. Yet they bought large amounts of QTIG....What the @&^%$#!!!!! Now we have a new story line....I Love This One. In order to get large orders from the major labels, SCMI has to keep all those dividend shares for comfortablity of the labels?????? Wait a minute, isn't BMG/Sony already comitted to a full roll out, it's the rumor that UMG is rolling out in the whole of Australia.....Already!!!!!!Aren't SCMI and AAPL buddy buddy and we're just waiting for a PR to be approved from AAPL????? Now bear in mind, I talk to IR a lot!!!!! These rumors are no big secret! I understand that SCMI apparently has some skeletons in the closet, and the importance of becoming a fully reporting company, but the company(SCMI) and the company supported rumors seem to change every other week!!!!! From my understanding many here believe we recieve around .04c a copy for MM, yet we have SCMI released #'s of 10MM cd's protected and QTIG who get 40% of all the revenues only reporting $105,000 for all of '04. That would be about $262,000 in total revenue, that breaks out to .026c per CD not .04c How many here feel the #'s for 1st quarter '05 are going to be blow out #'s.....I don't, haven't seen enough new CD's released with MM stickers on them...like I said, I'm starting to get nervous about the money I have in SCMI Steve