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Quantum Corporation Message Board

micro00 12 posts  |  Last Activity: Dec 16, 2014 1:50 PM Member since: Mar 13, 1999
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  • Reply to

    panic with no basis

    by greatdondada Dec 16, 2014 1:40 PM
    micro00 micro00 Dec 16, 2014 1:50 PM Flag

    i think 2018 since we'll prob hear (what they've been saying for the past 100 years) that they need to ramp up sales force or marketing or R&D or some other excuse to grow the company

  • guess sellers think existing customers pumping wells are going to shut in and no more well water will be coming out...

    The majority of this new oilfield brine water injection capacity at the Mills Hunter Facility has already been committed to several large E&P companies active in the region, secured through long term take-or-pay agreements.

  • micro00 by micro00 Dec 2, 2014 9:31 AM Flag

    OMEX- Mike Malouf believes co close to announcing a new strategic investor in Oceanica, their majority owned deep-sea phosphate mining play. Malouf says cash infusion would alleviate bal sheet concerns while confirming significant value on this investment. Malouf rates OMEX a Buy.

  • Reply to

    ELIMINATING PREFERRED STOCK!!!!!!

    by streetnoname13 Nov 24, 2014 5:58 PM
    micro00 micro00 Nov 25, 2014 8:35 AM Flag

    Taking bigger position and adding cash...was ebitda + last qtr so they think this is ready to rip or else they wouldnt have redeemed their preferred.

    In connection with the consummation of the proposed Public Offering, RVL 1 LLC ("RVL"), the beneficial owner of a majority of the issued and outstanding common stock of the Company and of all of the issued and outstanding series of preferred stock of the Company, has agreed to enter into an exchange agreement pursuant to which it will convert all such preferred stock into an aggregate of 36,300,171 shares of common stock (the "Preferred Share Exchange"), conditioned on the consummation of the Public Offering. As a result, each series of preferred stock will be eliminated, and no shares of preferred stock will remain issued or outstanding. RVL, together with its affiliate Aston Capital, LLC ("Aston Capital"), will beneficially own an aggregate of 83,253,863 shares (approximately 68%) of the common stock, of the Company before giving effect to the Public Offering. in the 8k filing, is that the hedge fund and mgt is redeeming all their preferred for stock and they'll own about 68% of the outstanding stock

  • micro00 micro00 Nov 19, 2014 1:42 PM Flag

    Been doing that for years. Mgt pockets the cash then tells investors profits are coming then blows the money. They bagged a bunch of investors again at $1.50 so they can continue to spend and not worry about cash flow. Serial losers.

  • micro00 by micro00 Nov 14, 2014 12:53 PM Flag

    Nov. 14--Appia, a Durham apps purveyor and advertiser that in recent years has been among the Triangle's fastest-growing startups, is being acquired by Mandalay Digital.
    Mandalay, a publicly traded company based in Los Angeles, announced late Thursday that is has agreed to acquire Appia for stock currently valued at $65 million. Mandalay also is assuming $10 million in debt.
    Shareholders of privately held Appia will receive 19 million shares. Based on Mandalay's closing share price of $3.40 on Wednesday, the day before the deal was announced, that values the acquisition at $65 million.
    Appia shareholders will own one third of Mandalay, and Appia founder and CEO Jud Bowman will join Mandalay's board of directors. Mandalay's announcement did not stipulate whether Bowman will remain with the business after the deal closes, something that is expected to happen in the first quarter of next year.
    Appia had 86 employees as of early this year. The company had revenues of $30 million for the 12-month period that ended Sept. 30. Appia has raised about $30 million in venture capital.
    For Appia shareholders, the deal represents a bet that combining the two companies' operations will be a winning combination. That's because the deal includes a "lockup" that prevents them from selling their Mandalay shares immediately. Instead, they can't sell any shares at all for six months after the deal closes. At that time they can sell up to one-third of their shares; they can sell additional shares at the 9-month and 12-month mark.
    Mandalay CEO Bill Stone called the acquisition "transformative" during a conference call with analysts.
    Mandalay offers an app distribution platform that puts targeted apps in front of consumers, according to Gigaom Research.
    Appia's business, meanwhile, has been driven in recent years by "sponsored apps," where companies such as Facebook and Vonage pay Appia each time one of their apps is downloaded. In addition to featuring the apps prominently in app stores it has built for its customers, Appia also advertises the apps elsewhere to maximize its revenue.
    Combining the companies will "position Mandalay's Digital Turbine product suite as a clear leader in the mobile app delivery market," Ladenburg Thalman analyst Jon Hickman wrote in a research report.
    "As the number of available apps continues to climb, it is increasingly difficult for advertisers to have their apps discovered and downloaded by mobile users," Hickman noted. "Together, the Digital Turbine platform and the Appia network provide a powerful end-to-end solution for advertisers."
    Stone said that having Appia in its fold will maximize Mandalay's ability to capitalize on a fast-growing market.
    "I just want to reiterate what a growing market there is for devices, apps, and how our media dollars are now migrating from traditional media to mobile and, specifically, mobile applications," Stone said.
    Bowman, who also participated in the conference call, said the deal was an outgrowth of a partnershipthe two companies struck earlier this year.
    The results produced by that partnership "were nothing short of extraordinary," Bowman said. He added that the revenue spurt achieved by working with Mandalay was "so great that we wanted to be part of it."
    Mandalay has identified $2 million in potential cost savings as a result of the deal. Those cost savings will be achieved by eliminating "overlapping" infrastructure and "duplicate corporate headcount," the company said in a news release announcing the deal.
    At the same time, Stone said that acquiring Appia gives his company "an incredible talent pool of experts" in mobile advertising technology.
    Appia, which spun out of Durham software company Motricity in 2008, built its business by building and operating app stores for the likes of AT&T, Verizon, Samsung and Vodaphone. Its business began to grow dramatically in April 2011 when it moved into sponsored apps.
    "We have grown to be the No. 1 independent app installation network, driving more than 85 million sponsored app installs to date," Bowman said. "Only Facebook has driven more app installs."
    Taylor Brockman and Bowman won renown as whiz kids when they started a software project in their Durham high school dorm that eventually became Motricity, which went public in 2010. Both left Motricity in the summer of 2008.
    Appia was originally called PocketGear, but changed its name to Appia in February 2011.
    Mandalay Digital plans to change its name to Digital Turbine early next year.
    Mandalay reported fiscal second-quarter earnings after the markets closed on Thursday that included $4.5 million in revenue, below its projections. The company also lowered its revenue projections for its fiscal year to a range of $36 million to $40 million -- a tally that doesn't include the Appia acquisition.
    Mandalay shares were trading at $2.94, down 50 cents, or nearly 15 percent, Friday morning.
    But Hickman, the analyst, rates the stock a buy with a 12-month price target of $11.50.
    "We believe that the current share price is not reflective of Mandalay's expected rapid revenue growth and resulting earnings in future periods," Hickman wrote.

  • micro00 micro00 Oct 22, 2014 9:36 AM Flag

    heavy buying by institutions to fill out positions

  • micro00 micro00 Oct 22, 2014 9:27 AM Flag

    If you're a hospital why would you buy any if the company was running out of cash and could go away? Now with cash and a viral platform, would hope hospitals start buying. we'll find out next qtr.

  • Reply to

    Price Target $1.50 , Rating Buy

    by seeyouatthetop68 Oct 22, 2014 8:59 AM
    micro00 micro00 Oct 22, 2014 9:02 AM Flag

    raised $20 mil, sold 40 million shares to institutional investors.@.50.someone took a HUGE position with that many shares issued

  • Reply to

    morning note

    by micro00 Oct 7, 2014 8:47 AM
    micro00 micro00 Oct 7, 2014 2:07 PM Flag

    another street comment of interest:
    This particular ruling (ie. the preliminary injunction), would not result in immediate
    dollars to NLST. Rather, if the judge grants the injunction, we believe that Diablo
    would have the right to appeal (a process that could take an additional 9 months) but
    that the preliminary injunction on shipments would remain in effect unless Diablo
    was able to obtain specific relief suspending that order. If not, any customers of IBM,
    Huawei, and Sandisk (among others) that had received units would need to return
    them and no additional shipments could be made. The brand damage that can occur
    from such an action has led some companies to settle.

  • Reply to

    morning note

    by micro00 Oct 7, 2014 8:47 AM
    micro00 micro00 Oct 7, 2014 10:14 AM Flag

    Morning note is a wall street analyst summary, not my opinion. Just passing on.

  • micro00 by micro00 Oct 7, 2014 8:47 AM Flag

    For a preliminary injunction to be granted, it must demonstrate 4 points, along with NLST’s claims to each point:
    1) Claim is likely to succeed on its merits
    a. NLST’s contract clearly stipulates that Diablo could not use the devices that it implemented using NLST’s trade secrets with disabling key functionality (specifically, load isolation and rank multiplication)
    b. NLST has direct evidence that Diablo used the devices in early demos with certain customers (we believe the evidence comes from the whistleblowers and corroborated by testimony from Diablo mgmt.)
    c. NLST’s expert witness demonstrates that the Diablo product stole 19 specific trade secrets (specific testimony redacted)
    d. Diablo filed a patent application only a few weeks after receiving NLST confidential information, disclosing trade secrets.
    2) Plaintiff would suffer irreparable harm
    a. NLST cited two examples of companies who declined to work with it due to disputed IP.
    b. Industry experts agree that Vault and UlltraDIMM address overlapping markets
    3) The balance of equities tips in its favor, and
    a. NLST claims that granting the injunction would only serve to enforce the contract as written between the two parties
    4) Injunction would be in the public interest
    a. Breach of confidentiality and sale of stolen technology are actions the public has an interest in stopping

    Other notes from the filing of great interest to NLST investors:
    • Netlist said a new Vault product to an unnamed customer (redacted) in March 2014, and expects quantities with ship with tens of thousands of units annually for the next 5 years. We believe this claim refers to its hyperscale customer, which we believe is Microsoft.
    o This is consistent with our expectations in terms of units, and the commentary about expecting to generate units for 5 years provides a lot of certainty in terms of gross profit generation.
    There are significant redactio

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