Silicon Investor - Research Frontiers Lonely Hearts Club Thread.

[DashernComet] Thank you. REFR needs more bandwidth. And a new website.

DashernComet — 11/9/2024 6:38:11 PM

[poccidenarri] Since the trend seems to be for everyone to have their own REFR board, I am goin...

poccidenarri — 11/9/2024 4:42:42 PM

Since the trend seems to be for everyone to have their own REFR board, I am going to have one also. But, in the interest of environmental sustainability I am going to recycle an old now dormant board. All are welcome to post. Much like Elon Musk, I have no interest in censorship.
Enjoy!

[DashernComet] Don’t you love how this story is so predictable? Kind of like reading Louis Lam...

DashernComet — 5/19/2020 6:49:16 PM

Don’t you love how this story is so predictable?
Kind of like reading Louis Lamour novels. Same story, different character names (but they act the same), different location, same punch line. Read one, you’ve read them all.
But the Longs at the Happy Board are as excited as a school girl asked out on her first date. I wonder what “Biff” has in mind for her?
Currently they are all convinced they are going to end up on the Russell 2000 when it resets. And next year they will get dumped from the R2K and land at a $1 again. What fun to watch a story repeat.

[Kevin Podsiadlik] ‘at the current burn rate we have enough money to last 34 more months.’ or six q...

Kevin Podsiadlik — 5/13/2020 12:02:03 PM

‘at the current burn rate we have enough money to last 34 more months.’ or six quarters until a going concern memo from the auditor.

That won't concern the stalwarts. Six quarters away from the going concern letter is pretty much status normal. There always seems to be another sucker out there willing to toss them a few more million without thinking to look into things like just how many rounds of funding this company has done over the years, or comparing notes with past investors...

[DashernComet] KP, Finta remembers your bet. And he pretty much admits he is losing. Message ...

DashernComet — 5/11/2020 10:46:10 AM

KP,

Finta remembers your bet. And he pretty much admits he is losing.

Message 32702865

”Financials going backwards”

Same as always, According to JH, from the CC transcript, ‘at the current burn rate we have enough money to last 34 more months.’ or six quarters until a going concern memo from the auditor.

[Kevin Podsiadlik] Another quarter in the books, still no news, and financials going backwards if a...

Kevin Podsiadlik — 5/8/2020 7:53:44 PM

Another quarter in the books, still no news, and financials going backwards if anything. So naturally the stock is soaring.

Without even peeking at the main board I'm going to guess Harary dropped a hint about something yesterday and the clever shareholders figured it out and know what's coming. The fact that it's probably not actually coming is a minor matter, pure speculation now and old news by the time it can no longer be denied.

Five quarters down, one to go on the bet. Time flies when you're a professional bagholder.

[DashernComet] So a new article has been posted on Seeking Alpha touting the opportunity in REF...

DashernComet — 11/20/2019 9:48:01 PM

So a new article has been posted on Seeking Alpha touting the opportunity in REFR.

seekingalpha.com

And this knucklehead is a “big stock guy” that “avoids small caps”.
So, he is a paid tout.

Season for Loss Capture on the “Dogs of 2019. So the folks that are stuck at $4.00 and up will be doing tax loss selling next month. Great timing on an article to pump this dead as a rock POS.
Product Price Regression to the mean is not a growth model that gets you To profitability. The “brag” in the article is the total volume of SPD year to day exceeds the volume of last year.....but the revenue is static with last year...SO MUCH WINNING.
AND OPERATING COSTS ARE THE SAME AS LAST YEAR.

And Joe H has to keep what is or IS NOT happening secret. No one has to tell REFR until they “do it” ( or could they just use SPD and not tell anybody? Sort of “you didn’t sin until you get caught?”

Sell short at anything around $3.50 and cover at $2.50 in late Dec. Then enjoy a very nice vacation in the cold winter months.

[DashernComet] An old thought of mine from a July 2016 post that still remains pertinent. Whe...

DashernComet — 9/18/2019 5:33:13 PM

An old thought of mine from a July 2016 post that still remains pertinent.

When I lay out my case I (1) state facts or history and then I (2) layout what my prediction(s) for the future are
and then (3) what outcome(s) will support or not support what I have predicted. And attached to the predictions is a timeline.

Dixon's comments and replies are pure conjecture, it is only opinion that is neither supported by facts or testable (and that the CEO says something in a CC does not make what he says factual, the only fact is that he said something that he at that time represented as a fact--whether true or not). Moreover when Longs predicts something there is no test or time line that suggests by when her prediction will occur (that troublesome REFRspeak word, soon).

I believe that what Dixon, and others that do not agree with my posts, fail to understand is that some of us have a respect for integrity in what we do and say. Furthermore, we demand that integrity in others. And that we are irritated and annoyed when we accepted what someone in authority (the CEO in this case) said and then it becomes apparent that they either knowingly lied and misrepresented what they stated or were such charlatans to not explain that what they offered as facts were just hoped for conjecture under the slimy guise of Safe Harbor.

That I am long or short or just annoyed is immaterial to the case I make. The hard story is that this is a failed company under the simple tests of 1) negative growth in sales for 4 years 2) no internal rate of return on invested capital or profitability--constant cash burn 3) no demonstrated expansion in the markets use of the SPD product 4) no expansion in the film makers (i.e. in North America).

You state the Shorts are manipulating the stock, obviously walking it down you say, but you do not expect any reduction in the short interest? Why so much trouble if they are not covering?
Perhaps (just conjecture now, just like the Happy Board folks) what is really brewing here is a Long Squeeze where sellers of Puts are getting hung with shares they do not want to own or can ill afford.

[Kevin Podsiadlik] Took the L on the trade. Thesis was that the new buyers would actually expect so...

Kevin Podsiadlik — 8/9/2019 11:17:09 AM

Took the L on the trade. Thesis was that the new buyers would actually expect something from the quarter but I guess as long as people are willing to support the stock I guess they don't care.

Check in again in November I guess.

[Kevin Podsiadlik] Mmm, nice tasty run-up into earnings week. Got to say I like my chances of find...

Kevin Podsiadlik — 8/6/2019 3:48:51 PM

Mmm, nice tasty run-up into earnings week.

Got to say I like my chances of finding sellers on Friday.

[DashernComet] This 33-year chart of REFR teaches a valuable lesson—the fact that a company has...

DashernComet — 7/30/2019 9:47:01 AM

This 33-year chart of REFR teaches a valuable lesson—the fact that a company has little or no chance of scaling up its technology does not mean a quick trip to zero.

I am amazed at how many zombies I see still standing. PRKR stands out. One of the apparent inefficiencies of capitalism is when the stock market is up (“excessive exuberance”) any half-assed idea will get funded. When I sit in on early stage funding requests now, i feel a sense of, “I’ve seen this before” from the Dot-Com boom 20 years ago, when anyone that could “fog up a mirror” got funded. What a waste of resources. What does work about capitalism is the pendulum always swings back to correct inefficient uses of capital.

[Kevin Podsiadlik] So this got tweet into my anonymous stock-oriented Twitter feed. Someone did fin...

Kevin Podsiadlik — 7/5/2019 7:58:23 PM

So this got tweet into my anonymous stock-oriented Twitter feed. Someone did finally notice REFR after all!

[X]

This 33-year chart of $REFR teaches a valuable lesson--the fact that a company has little or no chance of scaling up its technology does not mean a quick trip to zero. Research Frontiers still has paltry, unprofitable sales but lives to fight another day. pic.twitter.com/ydPiGbzppv
— the gutter (@stockgutter) July 5, 2019

[/X]

[DashernComet] Dixon acknowledged that she made a mistake. Message 32162305 I don’t recall th...

DashernComet — 5/23/2019 10:39:19 AM

Dixon acknowledged that she made a mistake.

Message 32162305

I don’t recall that EVER happening before.
Ah, the exception that proves the rule.
LOL

[Kevin Podsiadlik] No surprises, reduced operating losses came entirely from reduced operating expe...

Kevin Podsiadlik — 5/14/2019 4:29:24 PM

No surprises, reduced operating losses came entirely from reduced operating expenses, which was the result of using stock options as currency. Disappointing that the market had to fall over the two weeks going into the report so that the shorting opportunity was not so good, but what are you gonna do.

Same time next quarter then?

[DashernComet] Disappointment Report and CC are due out next Tuesday.

DashernComet — 5/9/2019 12:21:40 AM

[Kevin Podsiadlik] Wellll.... gonna kick myself if that was the top, but it's kinda random for it t...

Kevin Podsiadlik — 5/2/2019 6:51:25 PM

Wellll.... gonna kick myself if that was the top, but it's kinda random for it to die on the same no-news it ran up on, more than a week before quarterly. Still, I never plan to make a year off of a single trade, so in the greater scheme it's just one more ticker, just one I'm very familiar with.

We'll see where we are in a week or so.

[DashernComet] Yes, I think a stock promo company is a possibility. There has not really been a...

DashernComet — 5/2/2019 12:45:21 PM

Yes, I think a stock promo company is a possibility. There has not really been anew news. Lot of rumor on SI, but who reads it? The recent high volume is the tell.

I agree, let this run north of 5 before shorting. Trend is your friend. I expect same old same old on the Loss Report.

[Kevin Podsiadlik] Thinking they might be a stock promotion firm? Regardless, earnings still a wee...

Kevin Podsiadlik — 5/2/2019 11:05:28 AM

Thinking they might be a stock promotion firm?

Regardless, earnings still a week from Tuesday so no rush to get short. I would love a crack at this over $5.

[DashernComet] Does anyone have an idea who is the new PR firm for RFI that Joe mentioned, in a...

DashernComet — 5/1/2019 12:31:26 PM

Does anyone have an idea who is the new PR firm for RFI that Joe mentioned, in a passing glance, during the August 2018 conference call?

[Kevin Podsiadlik] If extensive research on the short interest changes from 2013 was a deliberate a...

Kevin Podsiadlik — 4/12/2019 2:18:23 PM

If extensive research on the short interest changes from 2013 was a deliberate attempt to bore me into leaving the main board again, then mission accomplished.

[StockDung] Typical REEFR. Up after hours on only 101 shares. ROLF The REEFR FRAUD continues...

StockDung — 3/14/2019 8:38:03 PM

Typical REEFR. Up after hours on only 101 shares. ROLF The REEFR FRAUD continues.....

Recent Trades - Last 10 of 1081

Time ET	Ex	Price	Change	Volume
19:37:15	Q	2.40	0.17	100
16:46:37	Q	2.50	0.27	1
16:00:00	Q	2.18	-0.05	1,303
15:59:59	Q	2.17	-0.06	104
15:59:55	Q	2.18	-0.05	189
15:59:55	Q	2.18	-0.05	2,111
15:59:55	Q	2.18	-0.05	200
15:59:55	Q	2.18	-0.05	200
15:59:55	Q	2.18	-0.05	3,100
15:59:55	Q	2.18	-0.05	189

[StockDung] CNN FLASHBACK July 11 2014-> U.S.-Mexico's insecure 1,900-mile border Published ...

StockDung — 3/2/2019 12:07:13 PM

CNN FLASHBACK July 11 2014-> U.S.-Mexico's insecure 1,900-mile border
Published on Jul 11, 2014 Just how penetrable is the border shared by the U.S. and Mexico? CNN's Tom Foreman takes a closer look. youtube.com

[StockDung]

StockDung — 3/1/2019 12:11:29 PM

[StockDung] DSA is funny. Its like Archie Bunker realizing the organization that is recruiti...

StockDung — 3/1/2019 12:00:17 PM

DSA is funny. Its like Archie Bunker realizing the organization that is recruiting him are the KKK

=======================================================

As a DSA chapter co-chair I just wanna set the record straight for a minute: communism is good

— Olivia Katbi Smith??????? ????? (@livkittykat) June 30, 2018

===========================================================

DEMOCRATIC SOCIALISTS OF AMERICA’S PLANS REVEALED IN DOCUMENTS OBTAINED BY THEDCNF

10:53 PM 02/28/2019 | INVESTIGATIVE GROUP
Peter Hasson | Reporter

The Democratic Socialists of America are preparing to launch a full campaign supporting Vermont Sen. Bernie Sanders in the Democratic primary, DSA memos show.The DSA may not support the Democratic nominee if someone other than Sanders wins the primary.One memo cited “developing propaganda” as a “primary task of the national DSA Bernie campaign.” Another memo stressed the “need to agitate for Sanders” among “rank-and-file union members.”The Democratic Socialists of America (DSA) have yet to publicly endorse Vermont Sen. Bernie Sanders, but for months they have been laying the groundwork to campaign for Sanders, and only Sanders, in the Democratic primary, planning documents obtained by The Daily Caller News Foundation show.

The DSA played a key role in helping left-wing Democratic candidates, like fellow DSA member New York Rep. Alexandria Ocasio-Cortez, topple establishment Democrats in 2018 primary races. DSA leaders are looking to replicate that success at the national level.

Three planning documents that were circulated among DSA members in January before Sanders’s Feb. 19 announcement lay out the DSA’s two primary goals for 2020: do everything possible to help Sanders win while using his campaign to legitimize the democratic socialist movement within American politics. The documents are included in full at the bottom of this article.

The DSA has yet to formally endorse Sanders. The national planning committee has a vote scheduled for March 21, but the planning memos treat the endorsement as a foregone conclusion.

The DSA won’t consider endorsing any “other candidate in the Democratic primaries,” according to a January 2019 exploratory report, which notes that the DSA began laying the groundwork to support Sanders’s campaign well ahead of its launch.

“If DSA is to play an important role in Sanders’s campaign — both growing DSA as a serious, independent, socialist pole in the broader Sanders movement, and helping Sanders win the Democratic Party primary and go on to defeat Trump in the general election — then it is essential that DSA get involved in this campaign as early as possible,” the report states.

The DSA’s pro-Sanders campaign “will have its own national campaign infrastructure, independent from Sanders’s official campaign,” according to the report, which left open the possibility that the socialists “will coordinate with the official [Sanders] campaign.”

As a DSA chapter co-chair I just wanna set the record straight for a minute: communism is good

— Olivia Katbi Smith??????? ????? (@livkittykat) June 30, 2018

The report notes that “in addition to developing propaganda and other national-level political interventions, a primary task of the national DSA Bernie campaign will be supporting the growth of local and state-wide Sanders campaigns.”

“This will primarily happen through facilitating the growth of DSA chapters, training and support of chapter activists, systematization and possibly centralization of key operations including data and fundraising,” the document continues.

“DSA’s national campaign should also, to the highest degree possible, involve DSA chapters in various organizing activities, such as putting on town halls, virtual phonebanking, or connecting down ballot DSA-backed candidates to DSA-for-Bernie efforts.”

DSA leaders plan to use Sanders’s campaign as a means of growing their numbers, much as they did during the 2016 primary.

“DSA has grown about 11 times over since 2015, from 5,000 members to 55,000,” the memo states, attributing the DSA’s support for Sanders in 2016 as a primary cause of that growth.

Activists march and rally against Immigration and Customs Enforcement (ICE) and the Trump administration’s immigration policies, across the street from the ICE offices at Federal Plaza, June 29, 2018 in New York City. The rally was organized by the Democratic Socialists of America and they are calling for the full abolition of ICE. (Photo by Drew Angerer/Getty Images)

U.S. Sen. Bernie Sanders (I-VT) stands on the statehouse steps during the annual Martin Luther King Jr. Day at the Dome event on January 21, 2019 in Columbia, South Carolina. (Photo by Sean Rayford/Getty Images)

The DSA plans to repurpose its Medicare for All campaign towards helping Sanders win the primary, according to another memo, which was prepared by the DSA’s Medicare for All steering committee.

The committee “believes that we should turn a good deal of our campaign infrastructure toward a DSA Bernie 2020 campaign when and if DSA endorses,” according to the memo. “DSA’s Medicare for All campaign has spent a year developing a national organizing infrastructure that can be utilized in DSA’s campaign for Bernie Sanders.”

“In many DSA chapters, the Medicare for All campaign or Health Justice Working Group represents the best springboard for Bernie 2020 work: these chapters have been involved in mass outreach and canvassing work around a proposal closely associated with Sanders’ name,” the memo continues.

The memo describes the DSA’s Medicare for All campaign as “unique within DSA for its ability to organize on a national level, and the infrastructure built through the campaign will be essential to running a cohesive campaign for Bernie Sanders.” (RELATED: Marxists And Extreme Radicals Seek To Take Over The Democratic Party)

Steering union members towards Sanders and away from establishment Democrats is a key objective of that campaign.

“The Bernie campaign gives us an opportunity to talk to rank-and-file union members and we should take that opportunity,” the memo states. “Union leadership will be slow to come out in support of Sanders because they feel tied to the Democratic Party establishment.”

“We need to agitate for Sanders among rank-and-file members in the hopes of building DSA’s ties to those members and pushing more unions to support Sanders this time around,” the memo continues.

“DSA’s chapters have spent the last few years building closer relationships to their local unions through Medicare for All coalitions; the Medicare for All regional organizers are well equipped to facilitate this aspect of the campaign.”

DSA spokesman Lawrence Dreyfuss didn’t return an interview request.

The DSA’s youth arm, Young Democratic Socialists of America (YDSA), is gearing up to support Sanders as well. YDSA passed a resolution at its 2018 summer convention to develop “a comprehensive plan for YDSA to actively support Sanders’s campaign in the event that he runs.”

The DSA’s national coordinating committee aims to “cohere YDSA’s existing national priorities with Bernie’s political platform in order to build a strong, independent student campaign for Bernie 2020,” according to the committee’s campus campaign plan. The socialists plan to “make YDSA’s campaign efforts around Bernie 2020 the leading student effort in support of Bernie.”

If Sanders doesn’t win the primary, the DSA may back a third-party candidate instead of the Democratic nominee.

“If Bernie Sanders is not the Democratic Party nominee, there will likely be very heated debates among DSA members about whether or not to back a different Democratic nominee, or an independent candidate, against Trump,” the January committee report noted.

The committee suggested “putting forward a resolution for debate at the 2019 convention addressing the question of whom to support in 2020 if Sanders is not the nominee.”

Read the memos below: dailycaller.com

Copy of Jan 2019 Exploratory 2020 Committee Report by Peter Hasson on Scribd

[StockDung] REEFR Dilution Solution much like Xybernaut.. Current outstanding is 27,662,000 ...

StockDung — 3/1/2019 11:47:22 AM

REEFR Dilution Solution much like Xybernaut.. Current outstanding is 27,662,000 shares. When they had half as many shares outstanding the loss would double per share. REEFR Devotees have never understood basic REEFR math. If you double your shares outstanding, you halve your losses per share.

REFFR in the business of selling shares and not SPD film.!!

Xybernaut's Dilution Solution Expanding shares outstanding can make a shrinking loss look even better.

Rich Smith Jan 2, 2004 at 12:00AM

When life gives you lemons, make lemonade. That's turning out to be the motto at wearable tech maker Xybernaut (NASDAQ:XYBR), which released the following, rather curious earnings announcement back in November:

"The net loss for the third quarter of 2003 decreased 41% to $4.7 million from the third quarter of 2002. The net loss per share also decreased to $0.03 per share from $0.10 per share in the prior year."

Now, hold on a sec. What was that again?

The net loss decreased 41%. So, Xybernaut lost 41% less money this third quarter than it did in the third quarter one year ago. Sounds pretty good, aside from the fact that the company's still losing money.

But wait! There's even better news. The net loss per share shrank 70%! That means long-term Xybernaut shareholders who last year saw a loss of 10 cents for each share they owned are probably delighted this year to see their company only lose 3 cents a share. Things are clearly looking up for this developer of portable computers and related software.

Or are they? How does a company lose X dollars as a whole, but a whole lot less than X dollars per share?

By diluting the bejeezus out of the long-term shareholders.

It only takes a glance at the press release to see what happened -- you don't even need to hunt through the filings on FreeEdgar to find it. The first table in the press release has an entry for "Weighted average shares outstanding" for the three months ended Sept. 30, 2002, and for the same period in 2003. In 2002, Xybernaut had 78,011,017 shares outstanding. By Sept. 30, 2003, that number had more than doubled to 158,635,685 -- for a grand total of 103.3% annual share dilution.

And if you double your shares outstanding, you halve your losses per share.

However, share dilution is a double-edged sword. On the one hand, it can make your losses, per share, look better than they are on a company-wide basis. But if things turn around, and the company starts making a profit, then that profit gets divvied up among all the extra shares, too. Shareholders currently tickled at the narrowing losses per share may be less than thrilled when they see what 103.3% dilution does to their per-share profits.

Rich Smith owns no shares of Xybernaut. He might consider shorting Xybernaut but, as Bill Mann wrote, individual investors cannot practically short companies with stocks selling under $5.

[Kevin Podsiadlik] Message 31997696 "You cant redraw new lines in the sand. What is next years arg...

Kevin Podsiadlik — 1/28/2019 12:44:55 PM

Message 31997696

"You cant redraw new lines in the sand. What is next years argument? PE numbers? One year its all a scam years later everyone is going to be fighting over REFR patents? I dont think so! You cant argue both ends here. You are arguing the company will never have enough sales to amount to anything. Then you take the other side and say its is so valuable everyone will fight over patents."

Since I said I was going to take a break from Nancy's board and post my replies here, I've kind of cornered myself into this awkward format, but I didn't want Finta's questions to go unanswered.

Sorry, Finta, but I can make both arguments and I am. The conceit of Harary's vision of REFR as the "royalty collecting, dividend paying machine" is that there's just one more hill to climb, they just have to get over the break-even point, and REFR shareholders get to feast on shrimp and crab balls on their private yachts in perpetuity thereafter.

Back in the real world, though, it just isn't that simple. Hitachi is not here to put REFR's interests ahead of their own. If they really have managed to turn the proverbial sow's ear that is REFR's SPD technology into a silk purse of something actually marketable, they're not going to just hand over a big cut of the profits to a company that contributed nothing to that effort, if there's anything they can do about it.

And it is most emphatically not necessary to concede Hitachi has succeeded in doing this, before pointing out that argument exists as a backup to the long-running bear case in REFR.

But go ahead, keep bidding up that stock. I'm sure it'll work out somehow.

[StockDung] POOR POOR N DIXON. HER FAVORITE STOCK PROMOTER BUYINS.NET (THOMAS RONK) siliconi...

StockDung — 12/26/2018 6:57:16 PM

POOR POOR N DIXON. HER FAVORITE STOCK PROMOTER BUYINS.NET (THOMAS RONK) siliconinvestor.com is a TOTAL FRAUD.

SOMEONE CALL SECURITY!! YET ANOTHER FRAUDULENT PROMOTER TIED TO RESEARCH FRONTIERS
--------------------------------------------------------------------------
SEC Charges Company Insider with Multiple Frauds

Litigation Release No. 24297 / September 28, 2018Securities and Exchange Commission v. Thomas Carter Ronk, No. 1:18-cv-8908 (S.D.N.Y filed September 28, 2018)
The Securities and Exchange Commission today charged Thomas Carter Ronk with fraud in connection with multiple alleged schemes to peddle securities to investors and manipulate the market.

The SEC charged Ronk with disseminating false and misleading information in connection with unregistered offerings of securities in two microcap companies: Casablanca Mining Ltd. and Gepco Ltd. According to the SEC's complaint filed in the United States District Court for the Southern District of New York, Ronk touted the issuers' illusory business prospects and made revenue projections without any basis in fact. As Ronk solicited investors to privately invest in Casablanca and Gepco, he also secretly schemed to create the appearance of market interest and a rising share price in their stocks. Further, Ronk allegedly recruited the owner of a boiler room to induce buyers to purchase shares at higher prices. According to the complaint, this manipulative trading temporarily drove up Casablanca and Gepco's stock prices and enhanced the credibility of the issuers while Ronk's capital raising efforts were ongoing.

The complaint further alleges that Ronk engaged in a fraudulent offering of securities in a private company, Wealthmakers, Ltd. Among other things, Ronk, an owner and co-founder of Wealthmakers, misled investors about trading returns that Wealthmakers purportedly generated, along with the amount of seed capital invested by Ronk and other officers of the company.

The Commission charged Ronk with violating the antifraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, as well as the anti-touting provisions of Section 17(b) of the Securities Act. The Commission is seeking a permanent injunction, disgorgement of ill-gotten gains along with prejudgment interest, civil money penalties, a penny stock bar, and an officer-and-director bar against Ronk.

The SEC's investigation was conducted by Brenda Wai Ming Chang, Howard Fischer, and Sheldon Pollock, with assistance by Timothy C. Nealon, under the supervision of Lara Shalov Mehraban. The litigation will be led by Mr. Fischer and Barry O'Connell.

[DashernComet] Heliotrope is on ignore at the “REFR Happy Board” heliotropetech.com

DashernComet — 12/11/2018 9:27:12 PM

[DashernComet] There is a new game in switchable glass: Message 31925193 Their product is lowe...

DashernComet — 12/11/2018 9:24:56 PM

There is a new game in switchable glass:
Message 31925193

Their product is lower in cost than SPD, LC or PLDC

[DashernComet] A forty year old Israeli competitor Oran Safety Glass has 400 employees, includi...

DashernComet — 11/19/2018 5:28:57 PM

A forty year old Israeli competitor Oran Safety Glass has 400 employees, including a large and expanding facility in Virginia.
They are delving into switchable glass for transportation using Niobium Oxide for a smaller particle. And claim that it requires less energy than EC, PLDC or SPD. Has less haze, requires less power, has a dynamic control (variable), and is half the cost of SPD, EC or PLDC.

www.osg.co.il

[StockDung] MIchael Katz disappeared off of the face of the earth. Always wondered if this w...

StockDung — 11/14/2018 11:59:10 AM

MIchael Katz disappeared off of the face of the earth. Always wondered if this was the same Michael Katz of Ailouros Ltd fame?

Two Former Hedge Fund Managers Get 3 Years for Fraud | Fox ...

foxbusiness.com.

Sep 19, 2012 - Michael Katz and Christopher Fardella of KMFG International, LLC both pleaded guilty in October 2011 to one count of securities fraud, mail ...

[Kevin Podsiadlik] Ailouros, wow, there's a name we haven't heard of in a while. For the relativ...

Kevin Podsiadlik — 11/13/2018 10:03:20 PM

Ailouros, wow, there's a name we haven't heard of in a while.

For the relatively new to this board: it's a Greek-named London investment firm incorporated in Antigua and Barbuda and run by a Canadian, and one of a long chain of sugar daddies for Saxe and Harary over the years.

asensio.com

[StockDung] C. Pursuant to Section 293 of the International Business Corporation Act, Cap. 2...

StockDung — 11/13/2018 4:30:31 PM

C. Pursuant to Section 293 of the International Business Corporation Act, Cap. 222 of the Revised Laws of Antigua and Barbuda, notice is hereby given that the below named companies were dissolved.

Name of Business Incorporations Name of Service Provider Struck Date

4950 Ailouros Ltd. ABI Trust Ltd. 04/15/2016

legalaffairs.gov.ag

[DashernComet] Doom and Gloom and Sadness are back in town. Louse year Company. Louse manage...

DashernComet — 11/9/2018 10:16:56 PM

Doom and Gloom and Sadness are back in town.

Louse year Company.
Louse management.
Lousey business plan.
Unimportant product
Money Losing Company
Stupid promoters of a lousey. Company
Stupid fantasy of a Company

Through your money in the harbor with this Company.
See you soon u dear a buck.

[DashernComet] From the 2016Q3 conference call, You’re doing a great job Joe! Credit, George W...

DashernComet — 11/9/2018 11:57:12 AM

From the 2016Q3 conference call,

You’re doing a great job Joe!

Credit, George Wohonka

I fondly look back at the SI debate between George and Dixon: “Do a stock buy backs or pay a dividend with the profits next year?”

[Kevin Podsiadlik] Research Frontiers (REFR) Reports Q3 Loss, Misses Revenue Estimates nasdaq.com ...

Kevin Podsiadlik — 11/9/2018 10:18:47 AM

Research Frontiers (REFR) Reports Q3 Loss, Misses Revenue Estimates

nasdaq.com

I suppose the true lede here is someone was actually brash enough to make revenue estimates for this company.

[DashernComet] 39 minutes of agony for Longs on the CC. Revenue down Losses up And now you ha...

DashernComet — 11/8/2018 6:56:08 PM

39 minutes of agony for Longs on the CC.

Revenue down
Losses up

And now you have the retrofit market in Planes, Trains and Automobiles

SWEET!!!!

So I hear Joe is heading for a two week vacation in Spain. Is he bringing the wife?

[DashernComet] By Thursday close will the SP be above $1.20? Will it be above $1.10? If Joe f...

DashernComet — 11/7/2018 1:20:04 AM

By Thursday close will the SP be above $1.20?

Will it be above $1.10?

If Joe fails to deliver on the promises, Can the SP stay over a Buck?

[DashernComet] The Q3 Conference call is Thursday afternoon and Joe will be playing his song, ...

DashernComet — 11/6/2018 5:42:13 PM

The Q3 Conference call is Thursday afternoon and Joe will be playing his song,

[DashernComet] finance.yahoo.com So the 2018Q3 report comes out 30 minutes before the conferen...

DashernComet — 11/6/2018 12:49:52 PM

finance.yahoo.com

So the 2018Q3 report comes out 30 minutes before the conference call.
The good news is the balance sheet will be fattened by the $2 million raised in August
Bad news? There might be some. No impact on the top line from Gauzy? Model year change over and production slow down at Mercedes and revenues drop?

Panasonic-MIA
Faraday-MIA
Polaroid-ditto
Vision Systems-ditto
Inspect each-ditto
Hitachi-bye bye

[DashernComet] So it was announced on the RFI happy board that the CFO, Seth Van V, drives a Te...

DashernComet — 11/6/2018 12:37:45 PM

So it was announced on the RFI happy board that the CFO, Seth Van V, drives a Tesla.

So, is that because:
A) Seth is a first name friend with Elon Musk
B) RFI is a really Porfitable Company
C) Seth is really really well paid for working at a company that loses lots and lots of money.

Message 31863137

[DashernComet] Oh, look! Insiders are buying again after the rout in October. marketwatch.com...

DashernComet — 11/4/2018 9:15:50 AM

Oh, look!

Insiders are buying again after the rout in October.

marketwatch.com

But not at REFR.

[DashernComet] SoftBank announced an investment of $1.1 Billion in View, a smart glass manufact...

DashernComet — 11/4/2018 9:05:16 AM

SoftBank announced an investment of $1.1 Billion in View, a smart glass manufacturer.

cnbc.com

But as we all know Joe and Gauzy have a thing going on. And Kevin Douglas and Gauzy just last August invested $2 million (with a “M”) in Research Frontiers, a smart glass patent holder with TTM revenues of less than $1500 Thousand (Thousand with a “T”) and that has an annual salary load of nearly $2 Million, and annual losses of over $1.6 Million.

[DashernComet] Awfully quiet on the “happy board”. Do they know how bad revenues and losses ar...

DashernComet — 11/4/2018 1:04:12 AM

Awfully quiet on the “happy board”.

Do they know how bad revenues and losses are going to be?

[DashernComet] I was just thinking about business plans and models of micro cap companies. Jus...

DashernComet — 10/30/2018 10:49:55 AM

I was just thinking about business plans and models of micro cap companies.

Just suppose someone raised $5 million for a business plan and ran off with the money or just wasted the money on the high life and never built anything in the way of a business. Probably they would go to jail.

Alternatively, suppose someone, over 30 years they raise $100 million and squander 95% of it on salaries and bonuses for themselves and friends and family and apply 5% to a product with limited function and market appeal—that they really don’t think will ever work. You would never go to jail.

Of course, if you knew it would never work, it is some sort of un-provable crime. Un-provable unless you openly admit it. If you can keep quite and play out the role, you’re gold.

[DashernComet] No SPD for Faraday. No Faraday for SPD msn.com

DashernComet — 10/23/2018 4:24:13 PM

[DashernComet] RFI is its own worst PR problem. Heck of a comment for a long time Long to level...

DashernComet — 10/16/2018 8:12:15 AM

RFI is its own worst PR problem.

Heck of a comment for a long time Long to level on management.

#frustratratedREFRlongs

Message 31837470

[DashernComet] No mention of SPD or Vision Systems in these new high end jets. businessinsider...

DashernComet — 10/15/2018 4:28:08 PM

No mention of SPD or Vision Systems in these new high end jets.

businessinsider.com

[StockDung] Bank of America Merrill Lynch cracks down on risky securities with ban on penny ...

StockDung — 10/12/2018 2:15:51 PM

Bank of America Merrill Lynch cracks down on risky securities with ban on penny stocks

The bank's Merrill Lynch division banned purchases of the risky securities in late July, and added restrictions to sales in September, according to sources.Starting Sunday, stocks priced under $5 per share from companies with a market capitalization under $300 million will be subject to a regulatory review, according to a copy of rules obtained by CNBC.Bank of America appears to be the first major wirehouse to restrict the purchase of penny stocks. Rivals Morgan Stanley and UBS still allow the trades in some instances.Penny stocks can easily be manipulated for fraudulent purposes, according to talking points distributed to Merrill Lynch brokers.

Hugh Son | Leslie Picker
Published 9:10 AM ET Fri, 28 Sept 2018 Updated 7:56 PM ET Fri, 28 Sept 2018 CNBC.com

Bank of America bans penny stocks 4:29 PM ET Fri, 28 Sept 2018 | 03:13

Penny stocks are no longer welcome at Bank of America's Merrill Lynch brokerage.

The company recently told clients it was changing its trading policy regarding penny stocks.

The bank's Merrill Lynch division banned purchases of the risky securities in late July, according to the people, who declined to be identified speaking about the move. About six weeks later, the bank abruptly said it was restricting clients' sales of penny stocks, then amended that policy to give financial advisers more time to exit positions, the people said.

Penny stocks, which the Securities and Exchange Commission defines as a small company trading for less than $5 a share and on an over-the-counter market, occupy a disreputable corner of financial markets. Since the shares are thinly traded away from major exchanges and face few disclosure requirements, they have for decades been a tool for fraudulent schemes. One common approach is the pump-and-dump where criminals hype a stock before exiting positions. That was the method Jordan Belfort, the so-called Wolf of Wall Street, used to enrich himself before getting caught.

Regulators have increasingly made their views of penny stocks known. The SEC's Division of Economic and Risk Analysis published a white paper in 2016 highlighting the risks of investing in over-the-counter markets. The majority of investors lose money in the trades, and losses worsened for stocks that were the subject of promotional campaigns and those that had weaker disclosures, the SEC said.

Bank of America is first
Bank of America appears to be the first major wirehouse to institute an outright ban on the purchase of penny stocks. While other firms have review processes for these riskier trades, it's still possible to buy penny stocks at Morgan Stanley and UBS, according to people with knowledge of those firms' policies.

The move is the latest example of Bank of America pulling back on potentially risky activities. CEO Brian Moynihan has spent much of his tenure spending billions of dollars securing settlements with regulators. He often repeats his "responsible growth" mantra, and signs of the impact of that strategy abound.

In February, the bank halted clients from using credit cards to purchase bitcoin and other cryptocurrencies. The firm's investment banking head, Christian Meissner, reportedly left earlier this month after clashing with Moynihan over the division's risk appetite.

Still, the policy shift around penny stocks at Bank of America has sown confusion among some of the firm's 17,442 financial advisers.

"We were told to get rid of them by a certain date," said one Merrill Lynch broker. "I called compliance today to say my client doesn't want to do that. Now they're telling me he doesn't have to sell, but it could be hard to get rid of it down the road."

After initially banning the sale of most penny stocks, the firm put the policy under review, allowing most of them to be sold for at least the time being, according to one of the sources. Only the riskiest penny stocks that already may be the target of fraudulent schemes — labeled with a skull-and-crossbones icon by the trading firm OTC Markets Group — can no longer be sold. Eventually, all penny stocks could fall under the restriction, the person said.

Clients who can no longer sell penny stocks through Merrill Lynch have to transfer them to another brokerage to liquidate the positions. Some clients have had difficulty selling their holdings at rival brokerages, which are beginning to place restrictions on the asset class, according to one of the people.

Under $5
The bank sent clients another letter earlier this month. Starting Sunday, stocks priced under $5 per share from companies with a market capitalization under $300 million will be subject to a regulatory review, according to a copy obtained by CNBC. Clients who want to sell "will experience a delay in execution" because of the review, the firm said.

The bank took steps regarding low-priced stocks "to ensure we are complying with Securities and Exchange Commission regulations and protecting the interests of our clients," said Jerry Dubrowski, a spokesman for the bank. "As a result, certain transactions may be subject to restrictions, trading prohibitions or other limitations."

Penny stocks are illiquid and can easily be manipulated for fraudulent purposes, according to talking points distributed to Merrill Lynch brokers. The asset class is rife with companies with shaky businesses. Other times, they are legitimate companies that have been delisted from major exchanges as they near bankruptcy.

Still, the high volatility of the asset class — in which shares worth a few pennies can rocket in value — invariably lures retail investors.

That happened in July 2014 with Cynk Technology, when a company with no discernible assets, revenue and a single employee surged from 6 cents a share to $21.95, or a market cap of more than $6 billion. The next year, a Canadian citizen named Philip Kueber was accused by U.S. authorities of engaging in a $300 million stock manipulation fraud.

According to the SEC's 2016 white paper, retired, low income and less-educated investors fared the worst with penny stocks. The agency analyzed 1.8 million trades by 200,000 investors, finding that the typical return is "severely negative."

WATCH: Here's why you should think twice before using your debit card

[DashernComet] How much revenue does Gauzy generate? Who are Gauzy competitors? How many employ...

DashernComet — 10/1/2018 4:00:51 PM

How much revenue does Gauzy generate?
Who are Gauzy competitors?
How many employees does Gauzy have?

owler.com