Seeking Alpha
View as an RSS Feed

Richard X Roe  

View Richard X Roe's Comments BY TICKER:
Latest  |  Highest rated
  • China XD Plastics Is Over 80% Cheaper Than Comparable China-Listed Companies [View article]
    John Sheehy: KPMG is one of the auditors who facilitated fraud in the Chinese RTOs. Here is the SEC press release: http://tinyurl.com/kmp...

    We know that SAIC filings do not match the SEC filings - the first few years were published on Seeking Alpha - and that China XD refuses to explain the difference and provide reconciliation.

    I don't see any links to any independent sources confirming China XD's revenues and profits. Moreover, China XD's SEC filings have been repeatedly self-contradictory regarding the sizes of the credit lines and the sizes of the loans (the table that you provide in Financial Relations), and also the average loan balance. Yes, China XD's buildings are there, but at least one of the building was obtained through undisclosed related party transaction at an inflated price. Further, video footage taken in those buildings shows product packaged in bags that list a URL of what appears to be a casino website - things like that. The company's "certifications" are a joke and in fact the documents show that the product has failed the manufacturer's specs. One should expect more from what is supposedly the largest manufacturer of modified plastic for automotive applications in China. No?

    And I wonder why you did not post the areal photo and the building picture of the new Dubai facility, which appears much smaller than what China XD claims... What exactly is China XD doing in that facility?
    Jul 31, 2015. 12:55 AM | 1 Like Like |Link to Comment
  • China XD Plastics Is Over 80% Cheaper Than Comparable China-Listed Companies [View article]
    John: And one more thing - why is the company refusing to disclose its SAIC filings and reconcile them with its SEC filings?
    Jul 30, 2015. 10:04 PM | 1 Like Like |Link to Comment
  • China XD Plastics Is Over 80% Cheaper Than Comparable China-Listed Companies [View article]
    John Sheehy: It is not true that these "master distribution agreements" (actually, sales contracts according to the schedule) with the company's customers are renewed EACH YEAR, as the schedule easily demonstrates.

    Now, why would a company sign all its agreements with all its customers on Christmas Day, year after year, and then tell its investors that this is not the case?
    Jul 30, 2015. 09:57 PM | 1 Like Like |Link to Comment
  • China XD Plastics Is Over 80% Cheaper Than Comparable China-Listed Companies [View article]
    China XD is a fraud, plain and simple. It signs ALL its customer contracts, I repeat ALL its customer contracts, on Christmas day, year after year, as disclosed in an SEC filing.
    Jul 30, 2015. 08:56 PM | 1 Like Like |Link to Comment
  • Dr. Shortlong Or How I Learned To Stop Worrying And Love NEON [View article]
    Carsten: IRT has been around since at least 1982: http://tinyurl.com/pzv... . It is a dying technology, with less than 0.2% market share today. Nothing separates Neonode's infrared touchscreens from other infrared touchscreens - the technology is out-of-patent. Neither Apple nor Intel is stupid enough to be "active" in the field of infrared touch, which is only good for shooting balloons.
    Jul 30, 2015. 09:04 AM | Likes Like |Link to Comment
  • Eastman Kodak's (KODK) CEO Jeffrey Clarke on Q1 2015 Results - Earnings Call Transcript [View article]
    BruceLee1984: Not with a CEO who is lying to investors, and not with clueless employees.
    Jul 29, 2015. 10:38 PM | Likes Like |Link to Comment
  • Dr. Shortlong Or How I Learned To Stop Worrying And Love NEON [View article]
    Carsten: You missed that Neonode is a scam - its technology is outdated and obsolete, and the company is in dire need of another dilutive financing (contrary to the CEO's promises). Specifically, Atmel's earnings call revealed last night that Neonode's automotive wins are a pure fantasy - capacitive touch, as supposed to the infrared technology of the 1970s, rules in terms of performance and cost, from East to West.
    Jul 29, 2015. 03:07 PM | 1 Like Like |Link to Comment
  • Eastman Kodak's (KODK) CEO Jeffrey Clarke on Q1 2015 Results - Earnings Call Transcript [View article]
    Viking Capital: You are funny. All Kodak's businesses are in decline, Kodak is not cost-competitive, and functional printing is a scam (that is, management is aware that it has absolutely nothing to commercialize, but is scamming the shareholders). And fudging the losses so that they look like EBITDA profits is the icing on the cake.
    Jul 27, 2015. 02:17 PM | Likes Like |Link to Comment
  • UniPixel posts 13.4% drop after shareholders approve debt/warrant sale [View news story]
    The guy who said when the stock was at $18:

    "When 50% of a company is shorted, (by the way, how is that even possible to legally borrow 50% of a float) all involved in that short
    position will do and say anything they need to protect their stance.
    In regards to the UNXL press release, there was nothing misleading
    at all there. They are moving forward with their plan and revenues
    going forward have significant upside possibilities."

    The stock is now at less than $1.80. But he doesn't even own the stock - he is simply offended.
    Jul 15, 2015. 08:56 AM | Likes Like |Link to Comment
  • UniPixel posts 13.4% drop after shareholders approve debt/warrant sale [View news story]
    Eric: UniPixel had no debt at the end of Q1. The $2.3M was not debt but an accounting entry for the common stock portion of the "Settlement of class action and derivative lawsuits," as disclosed on EDGAR. That common stock was delivered to the shareholders in Q2.

    All this is irrelevant. The Q1 balance sheet was for the "concept", no-revenue techno Ponzi stock that existed prior to April 17. After April 17, UniPixel is an entirely new company, saddled with enormous debt (toxic convert), declining revenues, and super-negative gross margins on its way to Chapter 11 by mid 2016, at the latest.
    Jul 14, 2015. 05:58 PM | 1 Like Like |Link to Comment
  • UniPixel posts 13.4% drop after shareholders approve debt/warrant sale [View news story]
    The touch sensor developer did not have $20.9M in cash at the end of Q1, and neither did it have $2.3M in debt. But who is counting?
    Jul 14, 2015. 05:03 PM | Likes Like |Link to Comment
  • More on Energous: CNNMoney discusses licensing deal [View news story]
    F1ydave: Ooh, another one? Have you heard of a microwave oven - it is just another source. What happens to meat in there? Energous' system, as promoted, exceeds safety limits by at least 25x times. And when output is reduced to fall within safety limits, it can't deliver any useful charge.
    Jul 5, 2015. 11:28 AM | Likes Like |Link to Comment
  • More on Energous: CNNMoney discusses licensing deal [View news story]
    Antares29: Does so. You think your sweat glands are over your skin?

    http://bit.ly/1IWoKMS

    The miraDry System delivers precisely controlled microwave energy non-invasively to the region where the sweat glands reside. The energy generates heat which results in thermolysis of the sweat glands. At the same time, a continuous hydro-ceramic cooling system protects the superficial dermis and keeps heat at the level of the sweat glands. Because sweat glands do not regenerate1 after treatment, the results are significant and lasting. Most patients report a dramatic reduction of their sweat – in a recent clinical study,2 the average sweat reduction was 82%.

    Now, does Energous' WattUp system come with a skin cooling system?
    Jul 3, 2015. 05:34 PM | Likes Like |Link to Comment
  • More on Energous: CNNMoney discusses licensing deal [View news story]
    100W at 5.8GHz (Energous' frequency) creates irreversible thermal necrosis (death) of the sweat glands in/below the skin, according to this poster:

    http://bit.ly/1LN7FLn

    Energous transmitter has up to 500 radiating elements, each 0.2W, or 100W in total.

    Energous's WattUp system has a chance as a medical device or as a weapon, but not as a consumer device. End of story.
    Jul 3, 2015. 05:04 PM | Likes Like |Link to Comment
  • Dr. Shortlong Or How I Learned To Stop Worrying And Love NEON [View article]
    917: If you can provide here a reliable reference about your claim that most people understand that "a few" is about 3, I will concede that I might have misled you. The financing was coming within a few weeks, I said so, and I meant it. Weeks and months are not the same thing.

    Neonode's CEO has already given DECEPTIVE financial guidance, on numerous occasions:

    1. We will generate $18-$20 million in revenues in 2012 and be cash positive in H1 2012 ( given on the March 13, 2012 earnings call). Failed to deliver.

    2. We (Neonode) are still confident that we'll be cash flow and earnings positive in 2013 (given on the March 14, 2013 earnings call). Failed to deliver.

    3. We currently believe that our balance sheet is strong enough to support us to quarterly breakeven (given on the August 8, 2013 earnings call). Failed to deliver (did a financing round in May 2014)

    4. And the latest lie (breakeven in 2015 before a new financing round) will be proven shortly.

    Neonode burns significantly more than $1.6 million a quarter, and cash is nowhere near $6 million.
    Jun 20, 2015. 11:06 PM | Likes Like |Link to Comment
COMMENTS STATS
1,288 Comments
434 Likes