What only 1 Thumbs Down The Robot Lying Troll Boilerroom Scamsters could muster!!!
Down over 6% on the 24th, heading for the sub-penny range in anticipation of delisting.
Alas, poor sconroller has flamed out, as we all enjoyed the "wonderful opportunity for all of us to witness his sorry ars imploding into a big pile of flaming turd. AAAAHAHaHaHaHaHaHaHawwww!!!"
JQ claims (10 Nov. 2015) cable demo customer now needs lengths of around 100m. So there are 24 segments of around 100 meters lengths giving about 2,400 meters.
STI claims 300 meters of 10mm widths (300,000 meters) can be produced per year by commercial RCE. JQ claims all wire being shipped is using the commercial RCE.
300,000/365 rounded down to nearest meter is 821 meters per day.
Per STI it would take about 3 days to produce this wire.
STI did announce (material event) last cable demo wire shipments, but no announcement of this longer lengths shipment.
Looking like another failed EXPECTATION for this coming up to FOUR YEARS for cable demonstration order using STI's wire.
Why does anyone think STI is a reliable producer of commercial HTS wire with this track record?
Per SC 13D/A filed 2015-11-20 KIA sold 30,876 shares on 2015-11-13 at $0.23.
Kopp manages this fund so per ilikeaftereight this is "A better sign than all that bashing by a few posters here."
Paper is dated 2015-11-17.
AMSC is supplying the wire for ComEd/ AMSC’s Chicago “Resilient Electric Grid” project. STI still can't get wire produced off commercial production qualified.
Remember when all the Sconites were in such twitter over STI getting a LANL CRADA, but after 2010, STI no longer received any LANL CRADA support.
LANL didn't go away, as AMSC. among others, but not SCON, still work with LANL.
LANL is reporting Ic(sf) = 1006 A/cm which beats SCON's reported 900 A/cm in the Advanced Conductor
Development with High Temperature Superconductors and Carbon Nanotubes paper.
See lareport/LA-UR-15-28972 of 2015-11-17 at the LANL site.
gregingol • Sep 24, 2015 8:29 PM, "... see page 11 of IR presentation and you will see that STI has met stage two for multiple customers ..." Topic: SFCL
Page 11 of IR presentation "STI Moving into Qualified Commercial" this is an EXPECTED future event, which is safe harbor protected.
STI has yet to get "Qualified Commercial" by any of the 35 entities that have tested.
gregingol/r2d2_n3cpo=The Lying Robot Boilerroom Scamster.
Make that 35 entities that have tested wire, only one qualification using pilot production and no orders with any meaningful revenue.
The future for SCON is always rosy since 1987....the problem is that the "present" always sucks!
Only took about 2 years and 4 months for wire produced off the pilot RCE to get qualified for use in a Roebel cable manufactured by a research department in a small university in a small country lacking commercial production capacity.
SCON lacks commercial production capacity.
A perfect match.
What only 3 Thumbs Down, only three readers still holding "small smelly bags"?
Maybe "retail" are learning to avoid scams, which doesn't bodes well for SCON.
rickyn12 • Nov 10, 2015 5:08 PM "Well, I'm a paid pumper and an idiot ..."
Topic: .PK !
These paid shills and idiots have no sense of humor.
Poor rickyn with IQ of 12 is so frustrated. Hasn't figured out how to expand posts to read complete posts.
I never said paid shills were smart enough to add anything constructive, they just complain when their scams fail.
The Lying Robot Boilerroom Scamster persists in its lies that material events, i.e., stage-2 qualification, need not be reported in order to pump&dump using a momentum play.
r2d2_n_c3po • Aug 29, 2008 5:39 PM "... I actuallly (sic) made a lot of money on SCON....simply be (sic) playing a momentum play...that in the end has turned out to be nothing...like usual..." Topic: Hey Ouchy and Lori! Hairy Says Strong Buy for ISO!
"Under the Supreme Court’s decision in TSC v. Northway, an item of information is considered “material” if there is a substantial likelihood that a reasonable investor would consider it important to an investment decision, or if it would alter the “total mix” of available information about the company."
From the Harvard School of Law site, search "sec-disclosure-and-corporate-governance-financial-reporting-challenges-for-2011/"
Topic: So mask has admitted his utter failure to prove any of his lies
who_gnu_1235 • Jun 15, 2015 2:48 PM "don't u think stage 2 is a material event which must be reported?"
r2d2_n_c3po • Jun 15, 2015 9:15 PM "No, completetion (sic) of stage 2 is not ..."
STI PR, "AUSTIN, Texas, July 20, 2015" "Completes Qualification of Conductus Wire for Robinson's Roebel Cable"
Topic: STI Announces Timing of Second Quarter 2015 Results Conference Call
r2d2_n_c3po • Oct 19, 2015 11:33 AM "Actually I never said a stage 2 qualification would not be reported."
That Temple University Professor Xiaoxing Xi finally got cleared for being a consultant for STI in 2006.
The government dropped all charges against Xi when it learned that STI's management was using young innocent scientists as cover to steal from unsuspecting dumb money investors.
Maybe now the government will go after the real criminals, aka, STI's management/board.
This is a tongue in cheek story, but Xi was consultant for STI and was charged for work he did for STI.
Per the last Q, " Sales of our new Conductus wire were equal to $41,000, or 19%, of our total revenue in first nine months of 2015." "Also Shipping and handling fees billed to customers are included in net commercial product revenues."
Looks like commercial HTS wire revenue was for shipping and handling fees, still a very high negative margin for a product that STI claims is supply restricted.
The September 2015 institutional ownership is now down to 16.77% per NASDAQ.
Just a bunch of retail dumb money left holding many small smelly bags.