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Augme Technologies, Inc. Message Board

biggergrove 8 posts  |  Last Activity: Sep 17, 2014 5:55 PM Member since: Jun 7, 2003
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  • Reply to

    Macy's to put ShopBeacon in 4000 stores

    by biggergrove Sep 17, 2014 3:17 PM
    biggergrove biggergrove Sep 17, 2014 5:55 PM Flag

    Don't Know

  • Macy's has teamed with shopkick to put beacon technology in all of the retailer's U.S. stores by the end of September, the company said Monday. The technology sends updates, deals and promotions to users' mobile phones based on where they are in the store. In addition, Macy's and Bloomingdale's will pilot same-day delivery of online purchases in major markets. SCT Newswire (

  • Reply to

    Another 8-K?

    by mobilebull85 Aug 22, 2014 5:16 PM
    biggergrove biggergrove Aug 22, 2014 6:22 PM Flag

    Bull, you are certainly well named. It is very common when a company is acquired, that the acquiring company make management changes. To insinuate that the change has some nefarious significance is, well, bull.

  • On the company's earnings conference call, Whitman said HP's product line up is the strongest in years with innovation "alive and well." She said the company expects to end FY14 with $9B in cash flow and will resume share repurchases in Q4. Whitman also noted that mergers and acquisitions will be part of the future, but she would prefer to grow the company organically.

  • biggergrove by biggergrove Aug 8, 2014 3:08 PM Flag

    Survey: Smartphone-generated revenue up 97.6% in July
    AUGUST 5, 2014, Pittsburgh -- Smartphone-generated revenue by consumers to retailer smartphone-optimized websites was up 97.6%, from July 2014 versus July 2013, according to Branding Brand, a mobile commerce platform.

    The firm’s Mobile Commerce Index for July 2014 shows that smartphones generated 34.9% of total online visits (61.8% iOS, 37.4% Android) up 19.9% from July 2013. Meanwhile, the market share of non-mobile (desktop) visits decreased 13.7%, from July 2013 to July 2014.

  • Reply to

    Dilution Financing

    by biggergrove Jul 18, 2014 6:40 PM
    biggergrove biggergrove Jul 18, 2014 6:44 PM Flag

    Yahoo cut off the remainder of registration statement. See below:collectively, the "Transaction").

    The July Warrant is exercisable any time after January 15, 2015 at an exercise price of $0.9228 per share (the closing price of the Company's Common Stock immediately preceding the date the July Warrant was issued). The term of the July Warrant expires on July 15, 2019.

    The Audit and Finance Committee of the Company's Board of Directors authorized the Transaction in order to immediately satisfy the Company's obligations under the Convertible Note. The Transaction was subsequently ratified by the Company's Board of Directors.

    The securities underlying the Warrant Amendment, July Warrant and the shares of Common Stock issuable upon conversion of the Convertible Note pursuant to the Conversion Agreement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws, and were offered and sold only in Europe to an "accredited investor" (as defined in Rule 501(a) of the Securities Act) pursuant to an exemption from registration under Section 4(a)(2) of the Securities Act and Regulation D promulgated pursuant thereto.

    The descriptions of the Conversion Agreement, the Warrant Amendment and the July Warrant are qualified in their entirety by the terms and conditions of the Conversion Agreement, the Warrant Amendment and the July Warrant forms of which are filed as Exhibit 4.1, Exhibit 4.2 and Exhibit 4.3, respectively, to this Current Report.

    Item 9.01. Financial Statements and Exhibits.
    4.1 Form of Note Conversion Letter Agreement, dated July 15, 2014 by and between the Company and Bernard Moncarey.

    4.2 Form of Warrant Amendment Letter Agreement, dated July 15, 2014 by and between the Company and Bernard Moncarey.

    4.3 Form of Warrant, dated July 15, 2014 by and between the Company and Bernard Moncarey.

  • biggergrove by biggergrove Jul 18, 2014 6:40 PM Flag



    Unregistered Sale of Equity Securities, Financial Statements an

    Item 3.02. Unregistered Sales of Equity Securities.
    On August 17, 2013, Elephant Talk Communications Corp. (the "Company") issued a Convertible Note to Bernard Moncarey ("Moncarey") (an affiliate of the Company), due July 2, 2014 (the "Maturity Date"), pursuant to which the Company borrowed a principal amount of �2,000,000 ($2,652,600) at an interest rate of 10% per annum ("Convertible Note"). The Convertible Note permits conversion, in whole or in part, at the option of Moncarey, into a number of shares of common stock, par value $0.00001 of the Company (the "Common Stock") equal to the quotient of the Outstanding Balance (as defined in the Convertible Note) under the Convertible Note by $0.887 (the "Conversion Price"). In conjunction with the issuance of the Convertible Note, on August 17, 2013, the Company issued a warrant to Moncarey to purchase 1,000,000 shares of restricted Common Stock (the "Moncarey Warrant"). The Moncarey Warrant became exercisable at any time on or after February 17, 2014 at a price of $0.887 per share (the "Exercise Price"). The term of the Moncarey Warrant expires on August 17, 2018.

    On July 15, 2014, the Company entered into a Note Conversion Letter Agreement (the "Conversion Agreement") and a Warrant Amendment Letter Agreement (the "Warrant Amendment") with Moncarey to, among other things,

    � immediately convert the Convertible Note into a number of shares of Common Stock equal to the quotient of the Outstanding Balance by a reduced Conversion Price of $0.70 per share or 4,238,501 shares of the Company's Common Stock;

    � amend the Moncarey Warrant to reduce the Exercise Price to $0.70 per share for the remainder of the term; and

    � issue a warrant to Moncarey to purchase 500,000 shares of restricted Common Stock (the "July Warrant" and together with the Conversion Agreement and the Warrant amendment, collectiv

  • Reply to

    Don't you love it when your Customer's CEO

    by sirius_yomama_2 Jun 27, 2014 3:30 PM
    biggergrove biggergrove Jun 28, 2014 9:02 PM Flag

    Michael do you live in the real world? I don't think ETAK could do anything that would please you. Sure there have been hiccups, but this is not television show where everything works out perfectly all the time. In life things sometime things take longer than planned. The important thing is that ETAK is doing this deployment in such in a way that the CEO of a major customer is willing to publicly state his strong satisfaction as to how it is being done. That is a powerful vote of confidence. If this doesn't satisfy you, sell your stock and move on.

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