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Netlist, Inc. (NLST)

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0.5911-0.0089 (-1.4833%)
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  • k
    kevdalts
    kevdalts
    USITC initial determination date now Nov. 14. Essex retired.
  • j
    jason
    jason
    My understanding of the reason behind this stock offering. It sure CANNOT be a need to fund current operations. IF so think about this. why go through this hassle to only raise $4.5 M. Why? If you need money, go raise $12M or maybe $18M. The real reason is most likely someone wants a position in the stock very inexpensive, to reap HUGE gains if NLST prevails in the upcoming court decisions. COULD it be a way of paying the legal costs that NLST is currently incurring? There could be a straw holder being the face of the transaction, for persons currently involved in NLST's legal fight. And perhaps they know more about NLST chances of winning this case. its easy to paint this as gloom and doom, but there is a reason for this transaction. Why didnt a representative from Hallum or Roth show up at the conference call? They never miss a CC to ask questions. There were NO questions to ask, they knew ahead of time that this was coming. I think this is being done to let a large investor or straw purchaser get in on the action, and sit on these shares, until the big news hits. This stock is not going to sit at $.60 for very long. Do what the smart money is doing right now. They are backing up the truck, to get it loaded for a big payday.
  • J
    John
    John
    Wow. No respect for the common shareholders. All this for approx 4.5 mil? Looked at my retirement portfolio and NLST leading the charge over the cliff once more. Gail or Hong must need another house in Southern California. Did this to us about 4-5 years ago, Promised glowing forecasts followed by one huge short feeding frenzy selling stock.
  • S
    StockYetti
    StockYetti
    Netlist, Inc. Announces Proposed Public Offering Of Common Stock
    Knew it was coming in May when Netlist announced they were more or less doubling the total amount of outstanding shares. Most likely the reason for the drop in PPS.
    Although I hate to see it this offering the cash influx will give Netlist breathing room financially for the next several months. Hopefully by then ITC will shut off Hynix's water to the US and just maybe they will be a little more open to an early settlement. The recent reversal on the last 2 patents by the Federal Circuit Appeal might have woke up Scamdisc and Diablo to the fact that Badbone's arrogance might have hosed there case with Netlist and also might entertain early settlement talks.
  • B
    Bag Binch
    Bag Binch
    Anyone else think the language not seen before in the preliminary offering PR about proceeds maybe being applied to acquisitions of tech, businesses, etc, might have something to do with the apparent implosion of diablo?
  • B
    Bag Binch
    Bag Binch
    Why is PT playing a long now? Craig-hallum stooge?
  • S
    StockYetti
    StockYetti
    Interesting article from the register, Badbone and 2 other exec's gone after recent reversal of the Federal Circuit Appeal Of Load Reduction Patents.
    Two co-founding execs and a senior veep for sales have exited flash NV-DIMM startup Diablo Technologies.
    According to their LinkedIn profiles: Riccardo Badalone, co-founder, ex-CEO and chief product officer, left in July 2017, as did his fellow co-founder and veep of strategic customer engineering Franco Forlini
    Sales bigwig Dave Ferretti walked the walk earlier this month, and senior solution architect Dennis Huang, departed weeks ago too.
    El Reg also understands Diablo booked space at the Flash Memory Summit 2017 but didn’t show up to take it, despite being an "Emerald" tier sponsor.
  • P
    PT
    PT
    Potential major catalysts through end of year

    1) Sandisk deliberation/settlement
    2) ITC ruling
    3) HybriDIMM Phase 2

    Any NVvault or EV3 news is gravy

    I wonder the immediate need for funds and whether if any of this is getting Hallum & Roth in a strong position to make a market.
  • w
    wedgecake
    wedgecake
    new user at stocktwits had an amazing take re 2.8m shortie shares..a deal has been made with hedge fund to short Netlist below a buck and then Chuck sells them the offering. The shorts cover and buy Netcrap shares back from new issuance..last time they issued, pps went from 2.18 to 1.25..so 1.25/2.18 X .84 is ~ 48 cents PPS. Since the offering is now telegraphed with this afternoon's PR and the further delay, stock will be shorted further before offering..so .48 is optimistic..Oh Mann, this is really sick, esp w/ no uptick rule.
    Imageleatherjacketrenegade67
  • k
    kevdalts
    kevdalts
    Load up the truck for me. Lower my over all cost. This is
    a gift. Thanks, Hong
  • w
    wedgecake
    wedgecake
    this deserves commentary...very rich set of facts re DiaBlow: Baadalone is GONE!!
    Two co-founding execs and a senior veep for sales have exited flash NV-DIMM startup Diablo Technologies.
    According to their LinkedIn profiles: Riccardo Badalone, co-founder, ex-CEO and chief product officer, left in July 2017, as did his fellow co-founder and veep of strategic customer engineering Franco Forlini
    Sales bigwig Dave Ferretti walked the walk earlier this month, and senior solution architect Dennis Huang, departed weeks ago
    Reg also understands Diablo booked space at the Flash Memory Summit 2017 but didn’t show up to take it, despite being an "Emerald" tier sponsor.
    Diablo's tech offerings
    Diablo makes Memory1 DIMMs, 128GB DDR4 system memory modules claimed to be the highest-capacity system memory on the market. There can be up to 128GB of Diablo's flash memory per DIMM, thus fitting up to 2TB of memory in a two-socket server rather than 256GB or 512GB of normal DRAM per box.
    The firm also previously made Memory Channel Storage (MCS) which involved flash DIMMs with faster access (20 microsecs) than PCIe flash (105 microsecs) but less than DRAM, and so occupying a new place in the then (2014) memory-storage hierarchy.
    It licensed the technology to SanDisk, which sold the resulting ULLtraDIMM technology products to OEMs such as Huawei, Lenovo and Supermicro. A prolonged legal dispute over patents with Netlist didn't help this technology's progress.
    In May, Diablo released a set of Memory1 flash DIMM benchmarks to show how these DIMMS make servers go faster. By increasing the cluster memory size with Memory1, the servers were able to improve processing times by as much as 289 per cent while lowering the overall Total Cost of Ownership (TCO) by as much as 51 per cent.
    Memory1-equipped servers became available from Supermicro in November 2016.
    Diablo Technologies was founded in 2003 when it pulled in $9.8m in funding. Nine years later there was a $36m A-round followed two years later in 2014 with a $13m B-round. This was topped up last year with a $37m C-round, making the funding total $95.8m.
    Dave Ferreti is still listed as SVP for global sales on Diablo’s leadership web page but he’s vice president worldwide sales at software-defined server startup TidalScale according to his LinkedIn page.
    Diablo’s CEO is Mark Stibitz and he’s also board chairman. Stibitz became CEO in January 2016, when there was fresh funding and Badalone was shunted into the chief product officer position.The firm's profile said it is developing its third family of memory interface solutions.
    We've asked Diablo about the departures and the apparent flash show no-go – and will update this story as and when we hear anything.
  • P
    PT
    PT
    8.5M @ $.60. Closes at $.85 and price 30% below that. Company lost $29M in market cap to raise $4.5M. Wow, you can't be more incompetent than this.
  • w
    wedgecake
    wedgecake
    ya know, The Flash Summit awards to JEDEC and Sammy GenZ were for NVDIMM-P. Anyone using Netlist-like IP but with NV-DIMM-P substrate does not owe anything to Netlist's -N technology patents..
  • S
    Soulatary
    Soulatary
    Korean Kong murders US stock and creates instant US bag holders. Cash is needed to support an endless string of lawyers to pump an endless string of go-nowhere lawsuits. They are broke and so are the you.
  • w
    wedgecake
    wedgecake
    Rule 105 is an anti-fraud provision contained in Regulation M under Section 10(b) of the Securities Exchange Act.2 Regulation M is a set of rules designed to protect the integrity of the U.S. equity market by restricting trading behavior that might artificially affect a security’s price around the time of a public offering. Rule 105 specifically is concerned with pre-offering short sales, which, by exerting downward pressure on an issuer’s stock price, could cause the issuer to receive lower offering proceeds than independent market dynamics would produce. Rule 105 attempts to prevent that outcome by prohibiting the purchase of offering securities by investors that have shorted securities of the offered class during a defined period preceding the offering.
  • m
    mark
    mark
    NLST has $4M (restricted cash excluded) barely enough for 3 months survival.
    Gosh I hate to admit but dilution will be announced sooner than ITC, Samsung.
    GLTA longs..
  • P
    PT
    PT
    Great point posed. If they get ITC exclusion order how much will Bond be and can they post it? Would TRGP post just to force Hynix hand?
  • J
    Jeffrey S
    Jeffrey S
    Nick... Silvia... Binch... where did everyone go? Are they attending the Netlist funeral?
  • w
    wedgecake
    wedgecake
    last 9/15/2015, just 23 mo ago, Netlist closed at $0.28 centablos..It is now at 0.88, LT..Why that is a triple and a 73% (CAG) appreciation in your investment. Chuck is a great mann. I don't know why you shorties are ripping him so after such a magnificent performance.
    Imagegameraboy
  • k
    kevdalts
    kevdalts
    Picked up more today. Average cost now .72. In for the long
    haul. Not so long of a haul now.