|Hello: Comments on SQNS Revenue and Lawsuit and EUTC Case|
Since July 1 and post 1007 on the other thread it has been a surprising quarter.
I've posted regarding Sequans on three sites now under this avatar name. Yahoo is long over of course.
The other thread on this site is equally mystifying as the Mod's defamatory reaction was disconnected from reality.
These are dark days for the company as customers are not only deciding which M2M product performs for their needs, they are also deciding the ultimate winners in the tech sector because order consolidation around any chip and module producer creates a de facto leader due to scale achievement. This is a horse race to SCALE.
There was another dark turn back in 2011 due to the HTC WiMax cancellation and another when the Fujitsu JV was canceled along with some other projects.
I wrote to Claudia at that time and she was adamant that the Fujitsu product was not canceled. She lied.
Since then my objective was and is to understand what happened back then and, if possible, defend SQNS shares.
Thus, I am a party to a case submitted to the EU Trade Commission that eventually was given case ID AT.40484. This was filed 3 years ago when the Share Price was underneath the 11/2013 issue price of 1.80ish. Deliberations are necessarily secret and I have no further update as to its status. I do not have a suit against Sequans in any jurisdiction nor am I a party to any other suit by any one else at this time.
The small amount of actual loss incurred by the the shareholders in the current case, as of the date it was filed, led me to a conclusion based only on the political facts at the moment: the losses are small but the race to scale is fierce. There are too many attorneys to pay off given the size of the pie. Thus I deduce that the suit is being supported both financially and logistically by competitors to Sequans.
Business is War.
Despite the EUTC case filing in 2014 it was not recognized and given an ID until January 30, 2017. It was only accepted once I submitted by FAX as the web entries had failed. In the time between, because my communications were not replied to, I have deduced and alleged that the Defendant hacked into the EUTC web and email servers to interfere with the filing letters I submitted. It is possible the trail is obfuscated by outside contractors or others working in partnership with the Defendant. However the Defendant has both means and motive and my allegation is entirely reasonable, if only based on outside observations. And that truth of email and server hacking raises the complaint case above a dispute over a few dozen millions of revenue dollars into a State terrorist attack.
The implications of the hacking upon other EU Block governments' security, and the trustworthiness of USA agents becomes a matter of hot discussion. If we are allies on paper only, then the world changes in a moment, without advanced notice except to you and me. If our agents are unchecked and 'going rogue', then another means of control is needed. If our Patriot Act and related regulations and authority has been modified during years of Republican budget obstructions to allow conscription and 'weaponising' of industry IT staff to fill in needed capability that Congress refused to pay for, then we have a whole new era of political opportunism that makes the 3B Yahoo account hack look like practice.
I sure-as-hell never intended to be in this position and am keeping comments attached to avatar only as I have no desire for publicity. I want to grow old quietly. I was doing pretty well at that until recently.
I've never gone to the Press about how:
- I was the American in Berlin in April of 2001 who discovered, accidentally, a document claiming war beginning in America the second week of September 2001. I am not any sort of dotGOV staff or contractor. I was in Berlin to review an aerospace project in which I would become one of its Leadership team members. (I rejected the offer.) I delivered the document to our FBI and it is almost certainly the document referred to as being ignored in POTUS security briefings. The rest is history. The author was AngloSaxon which raises uncomfortable questions about how he knew and did nothing along with fellow insiders.
- I was the neighbor who witnessed Chandra Levy enter the Chinese Embassy and Temple compound in Redmond, Washington at 10A.M. July 10, 2001 in the neighborhood across the street from Microsoft. I never saw her again which only raises the question: After hiring her, where did they ship her? Beijing? TelAviv? Our most Senior House Representative had been accused of murder and my report to FBI and D.C.Metro was to defend our Nation's Leadership.
- I was an Expert Witness of Fraud against our Nation's two Stealth air superiority aircraft programs: Both are now shut down. One was stillborn and the other crippled by these frauds.
- I was the insider witness who observed Iranian hacking of the VZW network and customer accounts and posted that to the other site.
These are inconvenient truths, discovered only because Fate pushed me into the nexus of these events. You don't want this to happen to you. Trust me.
I hindsight: I'm damn proud of defending our Air Force, Navy, Congress and Nation even if ineffectively. The results weren't up to me. Some civilian was responsible for acting on the information in each case. When disinformation wins over good information, disaster strikes.
These cases only get mentioned in a business forum to make the point: The import of ignoring a known reliable source is potentially a catastrophe. No doubt there is disinformation too, and it is well known that the first casualty of 'war' is Truth.
EU's Commissioners have a tough job in their review of the Sequans complaint, but as I stated elsewhere they should use an old Republican line as their guide in deciding whether to act in their own defense:
"If not now, then when? If not us, then whom?"
I've done my part.
EU's Commissioners now need to decide whom they can trust.