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Richard X Roe

 
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  • China XD Plastics: When The Numbers Don't Add Up, There's Over 80% Downside [View article]
    wolf777dog: You are confused. Profiting from an analysis of information that is either immaterial or public (and from the publication of such an analysis) does not constitute a fraud. On the other hand, publicly supporting a fraudulent company (including a glowing review of a book by the COO that contradicts YONG's SEC filings) and signing fraudulent 10Ks (in a Director capacity), while benefiting from it, probably is.
    Jul 23, 2014. 10:41 AM | Likes Like |Link to Comment
  • China XD Plastics: When The Numbers Don't Add Up, There's Over 80% Downside [View article]
    piggybanksdead: Here is the link: http://1.usa.gov/1r6usrM Search for the "List of Material Loan Agreements and Material Business Agreements." All sales contracts with all China XD customers in both year 2012 and year 2013 are signed on the respective Christmas Day.
    Jul 23, 2014. 08:38 AM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    DavidFyhrie: Not sure what "super tought" is, but Apple's touchscreen is (and will be in the foreseable future) made of ITO, which is flexible, low-cost, durable, high-performance, and with excellent optical properties - it will probably be made in Taiwan by one or more of the large players there. So UniPixel is definitely not involved. Remember, UniPixel has only sent "a few" samples to its development partner, the mysterious no-name "tablet manufacturer," which shows that UniPixel's manufacturing yield is 10% at best - in other words, UniPixel's touchscreen sensor is not manufacturable.
    Jul 23, 2014. 01:36 AM | Likes Like |Link to Comment
  • China XD Plastics: When The Numbers Don't Add Up, There's Over 80% Downside [View article]
    wolf777dog: Mr. Homer (his name is actually Hong) Sun (not Sin, but he is a Sinner indeed!) facilitates fraud and money laundering, as proven in the Yongye case (that company was "taken private" by defrauding the China Development Bank at a valuation inconsistent with the cash and equivalents balance and its reported growth rate). If he is the smartest man in China at Morgan Stanley, then Morgan Stanley's investors are in big trouble.

    Money is indeed free in China. China XD has disclosed that it was offered a loan with 0% interest, that is a no-interest loan, by the local government, but somehow the company forgot to take it (the CEO claims he no longer needs it).

    If the company is a fraud, as the preponderance of evidence suggests, why would reported earnings matter anyway?
    Jul 23, 2014. 01:29 AM | Likes Like |Link to Comment
  • China XD Plastics: When The Numbers Don't Add Up, There's Over 80% Downside [View article]
    piggybanksdead: The CFO won't be able to answer this question: Why are all, yes, all, the revenues reported by China XD generated under sales contracts signed on Christmas Day?
    Jul 23, 2014. 01:20 AM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    Hookskips3: Yes, I do have videos of the operations at Lufkin and Rochester. And, yes, I have visited Lufkin and Rochester. And, yes, I have concluded that suitable yields cannot be achieved - that has been confirmed by the lack of actual production, despite the announcement by the CTO that the roll-to-roll pilot production of UniPixel's touch sensor had been achieved in March 2011. Maybe you don't believe me, but why don't you believe the CTO?
    Jul 18, 2014. 11:14 PM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    big_mountain_photo: For the last time, there is no such thing called "analox roll!"

    Harper's anilox rolls actually have porosity less than 1% (average 0.5%). Even if porosity were 0%, what does it have to do with the anilox screen? And where did you get the 10nm "tolerance" from? Even Intel has difficulties going to 10nm, and Harper is not Intel!

    Yes, copper can be plated with nickel, using an electroless process. But first, copper has to somehow appear on UniPixel's PET substrate, because nickel is just not conductive enough. How does that happen?

    And before copying and pasting these amazing discoveries about EN, did you ever wonder what happens to copper in an acidic environment? What happens to a copper wire that is put in a flask with HCL or H2SO4? This is high-school stuff...

    And resistance doesn't rise to the square of the inverse of line width - that's also basic high-school stuff... A 2-micron line, actually, a 1-micron line, completely eliminates moire, as is therefore radically different from a 5-micron line. At the end, however, what matters is cost of manufacturing relative to ITO, and none of the metal mesh players, not even O-film or MNTech are there yet.

    To me, it sounds you are copying and pasting stuff from who knows where without understanding a word of it.
    Jul 17, 2014. 11:35 AM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    krimi: Well, since the company's CTO announced that roll-to-roll pilot production has been achieved in March 2011, the company has failed to produce and ship sucessfully even one non-defective sensor so far.

    Remember, touch sensors and modules are not rocket science. Last year, over a billion of such touch sensors/modules were shipped at a very low cost.
    Jul 16, 2014. 09:40 PM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    paulinprague: Really? What's wrong with 4GB and a 64GB SD card slot? Flash memory is cheap these days (1GB of quality Flash sells for less than $0.40 USD).

    What would be the ideal product expected from the "American companies?" HP, an American company, was selling its 8GB tablet with an Intel processor and an ITO touch sensor for $89 in November ( http://bit.ly/1rskI8V ).

    Apparently, there is no need for any metal mesh.
    Jul 16, 2014. 09:35 PM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    TimmiesRegular: Yes, anilox "rollers" exist. However, no anilox rolls exist that will allow printing 5-micron lines of UV-curable catalytic REALIABLY at a speed of 50 ft/minute (UniPixel's purported printing speed). Think about it! Printing at 5-microns would require a flexo plate that has higher resolution than 3 microns (to account for the inevitable dot gain even at this slow speed). A 3-micron plate requires an anilox roll with cell size of no more than 1 micron, or a 20,000 cpi screen (because otherwise there could be discontinuities in the printed lines due to incomplete ink wetting). Now, can you tell me where I can buy a 20,000 cpi anilox?

    On the other hand, creating 50-micron conductive lines is not a problem. The touch screen industry does it regularly for the bezel traces with silver. Flexo printing of 50-micron lines is not an issue either - Harper and others can easily supply the necessary anilox.

    Of course, the engineering tolerances of Mark Andy's equipment (UniPixel's printing press) simply do not allow for the stated UniPixel precision. Simply the mechanical vibration or a small misalignment while the roll is moving will wreak havoc and discontinue the 5-micron lines.

    And this is just the printing - the plating is another impossible mess. And don't get me started on the module assembly issues that are faced by UniPixel's customers causing 30%-50% yield on their side.
    Jul 16, 2014. 09:26 PM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    Hookskips3: Ridiculous? Quite! UNXL got three orders, as discussed on the November 7, 2013 earnings call. UniPixel's 10K lists neither any product revenues nor any products costs, meaning, the company did not ship or produce and any products. On the February 26, 2014 earnings call, the company admitted:

    "So, while in 2013, we did provide hundred, literally hundred with samples of demonstration to key potential customers, so they can do their own testing including the delivery of low volume order in December as we reported to you. Unfortunately, no commercial volume production orders were shipped."

    So, to reiterate, UNXL had three product orders and could not fulfill any of them.

    UNXL's business plan is sound - it is the typical techno Ponzi - its business is to extract as much money from gullible and greedy partners and investors, claiming that product revenues are just around the corner, until the inevitable bankruptcy (or SEC deregistration) comes.

    An extremely small number, like the number 1, is smaller than a small number. Fractions or irrational numbers are not allowed here, as functional sensors need to be whole.
    Jul 16, 2014. 09:08 PM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    Hookskips3: I have a video record of the operations at Lufkin and Rochester.

    UniPixel has no entry control at the Lufkin facility, which is operated and owned by a military contractor, Cybershield. I have visited the Lufkin facility, however, and have also observed and recorded the UniPixel plating operation there (UniPixel's management itself uses remote webcams to observe the operations from the Woodlands headquarters).

    The video of the Rochester operation is available on UniPixel's website (the video was recorded in Rochester in November 2013, after the printing line was commissioned).

    So you are misinformed.
    Jul 16, 2014. 06:42 PM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    Hookskips3: You said the same thing in November last year (your first comment here). As it turned out, Dell has given up on UniPixel (the agreement was "renegotiated" and no further money is coming), Intel is pissed off at UniPixel (now says that it has no clue when UniPixel will start production, if ever) and wants all its equipment ($10 million at book), and Kodak has suffered another delay and embarrassment (production of the UniPixel touch sensors was supposed to start in August 2013, as investors were told at the UniPixel shareholder meeting in April 2013).

    Consulting is not the only way to make money - shorting a techno Ponzi to zero and having fun while doing it could be just as lucrative.

    No need for a detailed paper: It is very easy to show that the three companies blundered, because mid July 2014 has passed and UniPixel has not started ACTUAL production. Dell and Intel each expected 1 million sq ft of touch sensors a month by last April, with the majority being made at Kodak. You should not expect to be paid millions by the three victims for that easy proof, but you can profit from it by trading the stock accordingly.
    Jul 16, 2014. 06:24 PM | 1 Like Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    Hookskips3: Sorry, the first production-level batch shipment was made in April 2013, not April 2014, as disclosed on the earnings call in May 2013.
    Jul 16, 2014. 05:56 PM | Likes Like |Link to Comment
  • Why It Will Take Years For Uni-Pixel To Reach Production, If Ever, Meanwhile Executives Will Still Get Rich [View article]
    Hookskips3: A very small number is a very small number. Anywhere between 2 and 50 (as 50 was the number in the first first production-level batch, not roll-to-roll, shipment made by UniPixel in April 2014 - unfortunately, all the sensors in that batch were rejected by the customer).

    The remaining sensors in the roll would have been shipped, if they weren't defective, because the customer needs as many non-defective sensors as possible, so that it can confirm that the yield on its own module-assembly process is better than 30% ( see http://bit.ly/HH2Ogd ).

    Moreover, if the roll-to-roll pilot production has been indeed achieved (in 2011 or in 2014), then the customer will be receiving a full roll (500 ft or 1000 ft) of sensors, not cut pieces of plastic, with the accompanying register of the locations of the defective sensors in the roll.

    To reiterate, the major PC OEM (Dell), Intel and Kodak "made a blunder" by partnering with UNXL. These companies are obviously not very smart when it comes to making this particular strategic business decision. Intel and Dell each gave $5 million milestone payments to UNXL because they had nothing better to do with their money. UniPixel's manufacturing process is impossible, meaning, it is impossible to print and plate 5-micron conductive lines on PET reliably (that is, at any decent yield, particularly on the back-end, that is, on module assembly level). UNXL got indeed three orders for a product that cannot be produced, as proven in the 10K. Should I go on?
    Jul 16, 2014. 05:09 PM | Likes Like |Link to Comment
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