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Genetic Technologies Limited Message Board

commoncentsinvestor 99 posts  |  Last Activity: Jul 26, 2014 11:07 AM Member since: Dec 1, 2010
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  • commoncentsinvestor by commoncentsinvestor Jul 26, 2014 11:07 AM Flag

    JULY 25, 2014
    BY MATT COLLETTE

    Momentum Stocks – MeetMe Inc. (NASDAQ:MEET), PulteGroup, Inc. (NYSE:PHM), SuperCom Ltd. (NASDAQ:SPCB), Farmer Brothers Co. (NASDAQ:FARM), Siebert Financial (NASDAQ:SIEB)

    SuperCom Ltd (NASDAQ:SPCB), a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and HealthCare, announced on 9 July that its M2M division will be launching and presenting its enhanced PureSecurity[TM] – Electronic Monitoring Suite, which consists of the PureTag[TM] , PureTrack[TM], PureCom[TM], and PureMonitor[TM] products, to the North American marketplace at the American Probation and Parole Association (APPA) show in New Orleans on August 3rd. Return on Investment for SuperCom Ltd. (NASDAQ:SPCB) is 34.00% and on Thursday its shares closed at $8.89. SuperCom Ltd. (NASDAQ:SPCB) monthly performance stands at -6.72% while its year to date performance is 92.42%.

  • Reply to

    Back to where we started from

    by commoncentsinvestor Jul 22, 2014 1:52 PM
    commoncentsinvestor commoncentsinvestor Jul 22, 2014 5:24 PM Flag

    "WRONG AGAIN COMMONCENTS ! The stock is lower than what it was before the SR and much lower than the new 52wk high of 10.88 just set."

    Really superbowl6, use your brain. Check the time I posted my message. Share price was either $9.05 or $9.10 at that time. That's right where we were when they announced the Shelf Registration. You are brilliant to state that we are lower than the 52 week high. I guess if we were higher than the 52 week high, it wouldn't be the 52 week high any more.

    "The SR in and of itself is not the secondary offering. "

    Well, congratulations. You finally admit that.

    " Their will be a stock offering and investor's know that they just don't know when."

    You never know when a secondary might happen. But I guess to you that means never to buy a stock. That is just plain stupid. AND, do you know there are actually occasions when a secondary leads to much higher share prices? It totally depends on what the secondary is for, and whether or not management has proven themselves capable of putting resources towards things that will improve the company. So far this management has certainly done that. And since they announced the first and only secondary they have done, the share price has doubled or tripled.

    And, you are ABSOLUTELY RIGHT that I think it is much more important to be fully aware of what a company is actually doing (good or bad) then to base everything on the share price at any particular moment in time.

  • Reply to

    It's an anticipatory shelf fining only

    by mistercleo2004 Jul 17, 2014 3:45 PM
    commoncentsinvestor commoncentsinvestor Jul 22, 2014 2:06 PM Flag

    Right on mistercleo.

  • Reply to

    Watch the Volume........

    by superbowl6wins Jul 18, 2014 2:10 PM
    commoncentsinvestor commoncentsinvestor Jul 22, 2014 1:57 PM Flag

    merouleau,

    I am surprised that you didn't include on your list the possibility that tomorrow the fires on the Sun might go out and we would all freeze to death.

  • commoncentsinvestor by commoncentsinvestor Jul 22, 2014 1:52 PM Flag

    On July 15th SPCB closed at $9.08. Next day SuperCom announced the creation of a Shelf Registration.

    Over the next couple of days, price dropped as low as $7.75. This drop was caused by ignorant people believing that a Shelf Registration is just like a secondary and they were encouraged by posters like superbowl6 who fueled the fire with misinformation.

    Any sensible investor realized that this drop was completely irrational and took advantage of it by adding bargain shares. I sure did. Hope others did too.

  • commoncentsinvestor by commoncentsinvestor Jul 21, 2014 2:32 PM Flag

    General Patent Corporation Signs a License Agreement with SuperCom for Leighton Technologies' Patents
    General Patent Corporation’s subsidiary, Leighton Technologies LLC, signs a license agreement with SuperCom Ltd. and PureRFid, Inc. which take license under the Leighton Patents.

    General Patent Corporation (GPC), a leading patent licensing and enforcement firm, announced today on behalf of its subsidiary, Leighton Technologies LLC (Leighton), that it signed a license agreement with SuperCom Ltd. and PureRFid, Inc. (SuperCom).
    As a result, SuperCom has licensed Leighton Technologies’ portfolio of six “Contactless Cards” and related technology patents at a 5% royalty rate.
    “We are pleased to sign this new license agreement,” said Anthony Amaral, Chief IP Counsel of General Patent Corporation.
    About General Patent Corporation
    General Patent Corporation, headquartered in Suffern, N.Y., is a leading intellectual property boutique focusing on patent licensing and enforcement. GPC represents inventors, businesses, universities and other patent owners in patent assertion matters by managing and financing patent litigation on a contingency basis. Founded in 1987, GPC is the oldest patent enforcement firm in the U.S. and the rest of the world and is the managing member of Leighton Technologies LLC

    About Leighton Technologies LLC
    Leighton Technologies LLC is the owner of six “Contactless Cards” and related U.S. Patents:
    1. 5,817,207: “Radio frequency identification card and hot lamination process for the manufacture of radio frequency identification cards”
    2. 6,036,099: “Hot lamination process for the manufacture of a combination contact/contactless smart card and product resulting therefrom”
    3. 6,214,155: “Radio frequency identification card and hot lamination process for the manufacture of radio frequency identification cards”
    4. RE 40,145 “Ultra-thin flexible durable radio frequency identification devices and hot or cold lamination process for the manufacture of ult

  • commoncentsinvestor by commoncentsinvestor Jul 21, 2014 11:24 AM Flag

    As many of you know, several weeks ago I suggested taking a look at SuperCom (SPCB). It has been a profitable investment for me and I believe it has a great deal of upside.

    Today that company announced the following:

    HERZLIYA, Israel, July 21, 2014 /PRNewswire/ --

    SuperCom Ltd (NASDAQ:SPCB), a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and HealthCare, announced today that it intends to deploy a new solution for the fast growing 'Mobile Money' market. PureMoney[TM] is SuperCom's Mobile Money solution, which leverages its innovative and highly secure core Mobile -ID technology to provide mobile money and banking services to the unbanked. SuperCom is leveraging its existing portfolio of highly innovative technologies in order to quickly penetrate this fast growing space.

    Today, it is estimated that 2.5 billion people in lower and middle-income countries are unbanked, however more than 1 billion of them have access to a mobile phone. SuperCom's strong relationships, deep understanding of customer needs and vast experience with government technology infrastructures in its target markets, puts it in a powerful position to access much of this unbanked population.

    I have emailed SuperCom to see if they have a relationship with Mitek. Will let you know when I get a response.

  • commoncentsinvestor by commoncentsinvestor Jul 21, 2014 10:59 AM Flag

    A few weeks ago I suggested anyone interested in a potentially massive wealth-building stock take a look at Sphere3D. I said at the time that the company was expected to be uplisted from the OTC to the regular Nasdaq shortly.

    That has happened as has the merger with Overland Storage. Huge upside in the share price could begin anytime. The new symbol is ANY. There's a new article on Seeking Alpha today about ANY. Here's some of it:

    "Sphere 3D Corp's (NASDAQ:ANY) debut on the NASDAQ Global Market this week heralds the arrival of a new and powerful competitor to the Information Storage and Virtualization sectors - two of the fastest growing segments of the world economy.

    The incumbents in the space are Citrix Systems, Inc. (NASDAQ:CTXS) with a $10 billion market cap, EMC Corporation (NYSE:EMC) with a $54 billion market cap, VMware, Inc. (NYSE:VMW) with a $41 billion market cap, and Microsoft Corp. (NASDAQ:MSFT) with a $367 billion market cap.

    The reason why I think Sphere 3D is a serious contender is as a result of several acquisitions the company has made in the last year, combining Sphere's Glassware 2.0 virtualization platform - by all accounts, a revolutionary approach to virtualization - with V3 Systems' Virtual Desktop products and Overland Storage's global data management and storage business.

    The target is the $100 billion Virtualization/Storage space, and early indications suggest that Sphere 3D's Glassware 2.0 is already displacing the incumbents in enterprise-scale applications."

  • commoncentsinvestor by commoncentsinvestor Jul 21, 2014 10:49 AM Flag

    HERZLIYA, Israel, July 21, 2014 /PRNewswire/ --

    SuperCom Ltd (NASDAQ:SPCB), a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and HealthCare, announced today that it intends to deploy a new solution for the fast growing 'Mobile Money' market. PureMoney[TM] is SuperCom's Mobile Money solution, which leverages its innovative and highly secure core Mobile -ID technology to provide mobile money and banking services to the unbanked. SuperCom is leveraging its existing portfolio of highly innovative technologies in order to quickly penetrate this fast growing space.

    Today, it is estimated that 2.5 billion people in lower and middle-income countries are unbanked, however more than 1 billion of them have access to a mobile phone. SuperCom's strong relationships, deep understanding of customer needs and vast experience with government technology infrastructures in its target markets, puts it in a powerful position to access much of this unbanked population.

    SuperCom will start offering its new solution to its existing customer base as well as to other customers in these new and fast growing markets. Furthermore, the Company intends to deploy this solution to some of its existing customers during the fourth quarter of 2014.

    The development and operation of SuperCom's Mobile Money are handled out of SuperCom Inc., which is the Company's US subsidiary, based in New York City.

  • commoncentsinvestor commoncentsinvestor Jul 19, 2014 3:26 PM Flag

    There seems to be a great deal of confusion as to what a Shelf Registration actually is.

    1. It is not a secondary.
    2. It is not creating new shares.
    3. It is not a capital raise.
    4. It does not change the value of the current shares.
    5. It is good for a period of 3 years and may or may not even be used.

    It is sort of like a farmer who thinks that in the future he could do well growing an extra 25 acres of corn. So when the time comes that he sees a bigger demand for corn then there currently is, and the likelihood of higher corn prices. he wants to be ready. So he goes ahead and plows up the acreage so at the right time he will be all ready to plant. And when that time comes he can just plant 5 acres or 10 acres or whatever he feels is necessary.

    That is all a Shelf Registration is. When the time is right to raise additional capital for an acquisition or the fulfill big contracts, it makes everything quicker, easier and less expensive to do.

    And when somebody claims that Shelf Registrations always cause a share price to go down or that all companies always use the maximum of the Registration, but they cannot provide links to actual sources of information that confirm this, then they are just blowing smoke and should be ignored.

    Anyone holding stock in SuperCom or thinking of buying or selling shares because of the Shelf Registration should simply Google "Shelf Registration" and you will get a large number of sites that explain them completely. I think you will then agree that this is a GOOD THING and that all serious companies have these in place. Also remember that in the announcement Arie Trabelsi again reiterated: ""We have no immediate need to raise capital. "

  • Reply to

    It's an anticipatory shelf fining only

    by mistercleo2004 Jul 17, 2014 3:45 PM
    commoncentsinvestor commoncentsinvestor Jul 18, 2014 9:30 AM Flag

    More NONSENSE from superbowl6wins.

    Almost all successful companies have shelf registrations in place. This is something that is beneficial and necessary for a growing company like SuperCom. All it does is make it easier to raise capitol IF & WHEN it becomes necessary.

    From the American Bar Association:

    Conclusion
    In summary, shelf registration statements are useful tools to access the capital markets quickly and cost-effectively, while also minimizing some of the risks facing issuers contemplating an offering. It is important for companies to maintain an effective shelf registration statement and ensure that a new statement is filed every three years to avoid any blackout periods and preserve its ability to use the shelf in the event of a significant market decline. The key to a company's successful transaction on the capital markets during tumultuous economic conditions is a shelf registration statement--it ensures quicker access to capital, greater flexibility in structure, and the ability to jump when the market window opens.

    From SuperCom's CEO: Commented Arie Trabelsi, CEO of SuperCom: "We have no immediate need to raise capital. However, once approved, this shelf prospectus provides us with an excellent vehicle to raise capital and fund an accretive acquisition should a potential acquisition opportunity materialize. In addition, it will provide us with the opportunity to increase working capital as necessary, to enable us to support the large contracts that exist in our pipeline of proposals and bids, if and when awarded to us."

    This shelf registration is for 3 YEARS.

    Also, secondary's can be beneficial to share price if they are done for the right purpose. The last time SuperCom announced a secondary, I think the share price was around $3.

    This is a GOOD THING.

  • Reply to

    Shelf registration a good thing

    by commoncentsinvestor Jul 16, 2014 9:30 AM
    commoncentsinvestor commoncentsinvestor Jul 16, 2014 12:32 PM Flag

    "Their it is ! What Some of Us Said Would Happen !"

    NO, What you and your alter ego hageneriksson said a couple of months ago was that a SECONDARY was imminent. A Shelf Registration IS NOT a secondary. So stop claiming you were right when you were wrong.

    "You had to know it was going to happen since SPCB has a track record of doing this"

    NO THEY DON'T. They only did a secondary to pay for the purchase of the Smart ID division of OTI.

    12/19/13
    "SuperCom raises $21m in secondary Nasdaq offering The funds will allow SuperCom to buy the Smart ID division of OTI."

    That is the only secondary I know of so how does that constitute a "track record". It doesn't unless you post FALSE INFORMATION like you did before claiming SuperCom had done a secondary 6 months before this one. Of course they hadn't. You still haven't apologized for having posted that FALSE information even though it was requested of you several times.

    " and they need to raise capital."

    NO THEY DON'T. In fact the CEO specifically says this in the press release:

    "Commented Arie Trabelsi, CEO of SuperCom: "We have no immediate need to raise capital. "

    Please stop posting B.S.

  • Reply to

    Shelf registration a good thing

    by commoncentsinvestor Jul 16, 2014 9:30 AM
    commoncentsinvestor commoncentsinvestor Jul 16, 2014 10:17 AM Flag

    "You are correct and almost all companies take a "HIT" after it is offered for a few days."

    NONSENSE, unless you can provide statistics to back this up. Of course you can't.

    A shelf registration in itself should be a non-event regarding share price. If SPCB tomorrow announces a new $10M contract what do you think would happen to the share price?

  • commoncentsinvestor by commoncentsinvestor Jul 16, 2014 9:30 AM Flag

    Almost all big companies have Shelf Registrations in place.

    Makes it possible to to raise funds more readily when needed like for acquisitions. This is a sign of growth for SPCB.

    "Conclusion
    In summary, shelf registration statements are useful tools to access the capital markets quickly and cost-effectively, while also minimizing some of the risks facing issuers contemplating an offering. It is important for companies to maintain an effective shelf registration statement and ensure that a new statement is filed every three years to avoid any blackout periods and preserve its ability to use the shelf in the event of a significant market decline. The key to a company's successful transaction on the capital markets during tumultuous economic conditions is a shelf registration statement--it ensures quicker access to capital, greater flexibility in structure, and the ability to jump when the market window opens."

  • He has a one track mind. Today he says:

    I'd be careful with any stock pumped by stockreversals....
    by krill66 • 4 hours ago
    From what I've seen they have a habit of touting stocks AFTER they've already made big gains..

    Back in early May he posted the same message. SPCB's share price was around $7 at the time and he said it was time to get out.

    Nice call. LOL.

  • Reply to

    Turmoil

    by crammitit Jul 10, 2014 11:44 PM
    commoncentsinvestor commoncentsinvestor Jul 11, 2014 9:04 AM Flag

    About the only thing that could hurt SPCB's business is if they were hit by a Hamas rocket. The odds of that happening are probably way less than you getting hit by lightning. So not a very good way to make an investment decision.

  • Reply to

    SPIHF

    by commoncentsinvestor Jun 17, 2014 2:38 PM
    commoncentsinvestor commoncentsinvestor Jun 30, 2014 2:04 PM Flag

    Just announced:

    Sphere 3D to Begin Trading on NASDAQ Global Market
    By GlobeNewswire, June 30, 2014, 01:20:00 PM EDT

    MISSISSAUGA, Ontario, June 30, 2014 (GLOBE NEWSWIRE) -- Sphere 3D Corporation (TSX-V:ANY) (OTCQX:SPIHF) (the "Company" or "Sphere 3D"), a virtualization technology solution provider, today announced that it has received confirmation that its application to list the Company's common stock on The NASDAQ Global Market has been approved by The NASDAQ Stock Market, a unit of the NASDAQ OMX Group.

    The Company expects its shares to commence trading on or about July 8th, 2014 under the symbol "ANY". Upon commencement of trading on NASDAQ, the Company's common stock will cease to trade on the OTCQX but will continue to trade on the TSXV.

  • commoncentsinvestor by commoncentsinvestor Jun 30, 2014 10:57 AM Flag

    why we are up over 10% today. I haven't been able to find any news at all.

    Wouldn't be surprised if some more nice contracts are announced very soon.

  • Reply to

    HOLY SHORT SQUEEZE BATMAN!

    by h8ster Jun 27, 2014 3:59 PM
    commoncentsinvestor commoncentsinvestor Jun 28, 2014 12:37 AM Flag

    Sorry, but that huge jump at the end of the day had nothing to do with a short squeeze or Mitek's prospects and everything to do with the rebalancing of the Russell Indexs', and more specifically to what they call the Naxdaq Closing Cross. You can google that to find out how it works.

    I am not an expert in exactly how it works, but it seems to result in the institutions being able to buy stocks being added to the Russell at substantially lower prices than what they were selling for at the end of the day and to sell stocks being dropped by Russell for higher prices than what they were selling for.

    Of course this is just a temporary situation and within a short time all of these stocks will go back to whatever price the market thinks they are worth.

  • Reply to

    SPIHF

    by commoncentsinvestor Jun 17, 2014 2:38 PM
    commoncentsinvestor commoncentsinvestor Jun 27, 2014 12:54 PM Flag

    Thanks playerguy.

    I had expected the NASDAQ up-listing to be announced this week especially since the CEO was asked about it and said it should be in about 7 to 10 days and that was a week and a half ago. It doesn't look like it is going to happen this week, so I really don't know.

    However, it definitely is going to happen and when it does it will open the shares up to a huge market of potential buyers as it will be marginable and many funds will be able to buy in. Could begin a very large upward run.

GENE
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