First time I've seen a heavy-volume surge because of a product development PR in... many many years. I've rooted for Micromem for a very long time, and I'd be pleased if today's buyers have the intelligence and insight to be making a profitable position.
The one application that intrigued me the most was the sensor being developed that could indicate to a driver exactly when the car's oil needed to be replaced. I thought that would be a fairly desirable addition to (and feature of) a higher-end automobile line.
Perhaps I'm the only one who even checks this board - is the ragingbull MMTIF board still flourishing?
If anyone reads this and would be willing to publish his/her thoughts on the above mentioned, I'd definitely be interested.
Wisdom and prosperity
You did not read that news right. It's $600,000 paid over six installments, meaning it's $100,000 per installment (or 1/6 of the total amount).
Yeah, it's disappointing to watch the funds being seemingly frivolously depleted. The picture of the mouse breathing in the liquid in the beaker was so promising.
Been an avid follower of this co. Since the Robert Nicora days. I regained hope when Dr. Spiess came on board and the myriad -cyte possibilities. Since then, Spiess has left, the one -cyte, Dermacyte, has flour dered, and the exec team has turned over almost completely. Im not seeing any sort of long term plan elucidated- I guess the R & D relocation is something... anyone still on the ragingbull sybd board? This comoa y appears to be totally adrift. Sigh
I first heard of this company back in late 2008 - I heard of it because of how incredibly it bombed its Q3. I soon forgot about the value-trap that is PWAV... and here it is once again, bombing the hell out of its quarter. I can't remember the exact numbers of Q3 '08, but it was similar to today's numbers in terms of percentages. In both instances, PWAV reported earnings somewhere in the neighborhood of two-thirds below both analyst ("") estimates and its own projections, and withdrew forward expectations.
Congrats PWAV, you now hold both the First AND the Second most substantial earnings misses I've ever seen!
Regarding the CC, I give the one analyst a head nod for at least scratched the surface, with a couple of his questions, regarding the lack of accountability (a few elephants have returned to the PWAV conference room).
However, it would have been refreshing if said analyst had followed up with the question, "Why, CEO Ron, did you not utter one word toward answering my question? I asked 'What should give us confidence at this point that YOU should still be managing this business,' and yet your response was entirely on 'our and 'we'."
Actually, CEO Ron did suggest, in his response to the aforementioned, that that he should "continue to drive" PWAV because the company has been put in a good position... wait, he said it has been put in a good position because of the number of companies that have gone out of business.
In sum, it's evident from CEO Ron's response that he ought to continue to be CEO because, basically, PWAV hasn't gone bankrupt or out of business. And I, and most other cogent people, infer from his response, or lack thereof, that he's a CEO at a distance, which is to say that his reliance on "we" and "our" belies any acceptance of responsibility (on his part).
I have never owned (or shorted) this stock, nor will I. Just wanted to toss out my observations of the CC.
Oh, and by the way, CFO's "you know" and "obviously" verbal tics were rather, like, irritating.
"Trust me, I know what is going on at oxbt. . . What was just announced today is absolutely shocking."
- If you know what is going on at OXBT, how is announcement "absolutely shocking"?
Jebsen "has never raised a single $ for the company."
- When has he ever been expected to, or assumed to have, raised $ for the company?
"Board member Pepin was fired ..he lied on his CV by a wide margin"
- Since when is company director "fired"? Since when do individuals in the finance industry use Curriculum Vitae's (CV)?
And, if by some stretch of the imagination what you're saying is more-or-less true, why would the situation with Pepin adversely (or at all) effect OXBT's relationship with Vatea Fund?
I'll leave it at those few simple questions for imnotkidding79—proud yahoo! account holder since Aug. 24, 2011—to chew on.
I, at least, would most enjoy reading your response to these questions. Please, carry on!
see the headline, "tops earnings expectations?" the link to the release has expired, says yahoo. Wow, only available for 60 seconds. Lol, I'm guessing it was accidentally released without a link, then quickly rescinded.
I'm assuming it was Motricity, based on a number of factors, particularly the number of class action lawsuits against ATRN, of which Motricity was named as a co-defendent, and also, as per Motricity's S-1 filing (Feb. 2010), it's "involved in an unrelated proceeding with Atrinsic, Inc. in which Atrinsic seeks an accounting of sums paid by us and unspecified damages for Atrinsic subscribers whose subscriptions failed to renew due to a technical issue. We have counterclaimed for unpaid minimum fees due under our existing agreement... Atrinsic v. Motricity... filed June 25, 2009"
Would anyone who happens to be watching this board care to be so kind as to fill in the gaps? Thanks
It's going to be more like $105 mil. or so when all is said and done. I believe at least a substantial portion will be received within the next 60 days
F.Y.I Everyone - as interesting as the above research post is, it is over 8 months old. Just so no one thinks it was a report issued yesterday or anything