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Richard X Roe

 
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  • First Of Many HP Printers With Neonode Touch On Sale; Bloated Shorts Begging For A Squeeze [View article]
    CS917047: What was Neonode's guidance for the Q1 quarter that is expected to be reported next week? Also, my understanding is that Neonode now recognizes licensing revenue in the period in which royalty reports are received from customers, not when the products with Neonode's tech are sold or produced.
    Apr 29 11:03 AM | 2 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Sedric: What product development? Don't you understand that Nvidia is trying to prevent Nenode from using the zForce trademark (and has been trying to do so since October last year)? Now, how do you explain that Neonode never disclosed that interesting fact to investors, but was hyping the supposed Nvidia relationship on the August 2013 earnings call, about a month before the closing of the equity offering? In other words, how did Nvidia turn from a company "who [was] looking to integrate [Neonode's] optical touch solutions into [its] reference platforms" to a company that wants Neonode's zForce trademark revoked?

    Don't know about any MIT, but Nvidia is not in the touch module business, so it does not have a "contentious" technology. But it looks like Nvidia wants to protect its brand and is very unhappy with Neonode. Unless, of course, you have read the complaint and have a different interpretation...

    You expectation of Neonode IP ending up in MSFT hardware has absolutely no basis in reality.
    Apr 23 10:13 PM | 2 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Sedric: And while we are on the topic, care to explain what this complaint filed in late March by Nvidia against Neonode is all about: http://bit.ly/QG357J ?
    Apr 23 07:36 PM | 2 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    J.J. Cohen: Sorry to be the bearer of bad news, but the "printer" has been delayed almost 2 years already, not just a few days. Here is a portion of the August 2012 earnings call transcript (source: Bloomberg):

    ...
    <Q - James D. Medvedeff>: Okay. All right. Thank you very – just one more here. Any news on the printer product that you've discussed?

    <A - Thomas Eriksson>: We have several ongoing projects with some large OEMs and anticipate the first one to come out this year in market. And several – we involved with several other projects with including a lot of projects also from the same customer coming out with products next year. So, it's growing and we also are like saturating now with
    customers in Japan in this field. That's part of the reason we have opened an office there to support these customers locally.

    <Q - James D. Medvedeff>: But just to be clear, is there any revenue from that in the third quarter?

    <A - David Brunton>: I would say there is going to be – the first release is probably towards the end of the third quarter. So if it is, I would say, it's going to be fairly minor. It's probably more of a fourth quarter event this first release.
    ...

    Since you have $600,000 and you want to believe, would you believe if I told you that I have invented a cost-effective and safe process to convert lead into gold that would require only $600,000 in upfront investment to be brought to commercialization? Why do you think companies like Neonode become public through reverse mergers (takeovers) rather than through the more rigorous IPO process?
    Apr 23 06:30 PM | 2 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Sedric: How much did HP pay Neonode in Q1 and how much do you expect it will pay in Q2? Based on the import data, and assuming that 8620 and 8630 do use Neonode's tech indeed, I don't expect to see much more than $0.1 million in related license revenues reported in Q1, and probably a similar number in Q2. Combined with the mysterious absence of those printers in the stores (despite the promise of April 7 availability), I can't see how the HP "launch" can be considered a success.
    Apr 23 06:15 PM | 2 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    marcphelan: Did you actually call them to confirm that they have the printer in stock and can ship it today? If you call them, they will tell you that they don't have it in stock yet and cannot ship it to you and that the estimated availability at their distribution center (or what they call "Estimated Arrival") is May 6. So, no printer will be shipped to you, at least not until May 6. Whether they can ship on May 6 is another story.

    In other words, we still can't find any printer using Neonode's tech that can be bought in a store, despite promises for April 7 availability.
    Apr 23 10:36 AM | 2 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    Sedric: I see - so the consumer can't tell the old model from the new one, is that it? What good are paid product reviews if the printer is not available for sale?
    Apr 23 08:53 AM | 2 Likes Like |Link to Comment
  • Neonode: 6 Reasons To Buy This $6 Stock [View article]
    marcphelan: If you click on "Availability," it says "Special Order, Ready to Order." and if you add it to the cart, it says "Based upon stock availability." In other words, this printer is NOT in the store! Sorry!

    Apr 23 08:51 AM | 2 Likes Like |Link to Comment
  • Neonode Is A Strong Buy: Invest In Groundbreaking Patented Technology For Just $5 A Share [View article]
    Actually, NEON's revenues are declining while losses and cash drain are increasing, and it will be running out of cash this year (so, a major dilution is coming). NEON's patents are worthless as NEON's technology is about 40 years old, and is already used by the major ODMs who don't have to pay NEON anything. The recent insider purchase by the CEO is dwarfed by the sale by the Chairman. NEON is not cheap at any price (NEON makes nothing, unlike Cypress who at least has something to sell).

    Why would you quote Cowen's analyst? In May last year, he was forecasting $8.8 million revenues and $4.4 million net income for Q4 2013. NEON delivered $1 million in revenue (down 88% vs his forecast) and $3 million in losses.
    Apr 2 12:48 PM | 2 Likes Like |Link to Comment
  • China XD Plastics Incurs Long-Term Debt: Some Scenarios [View article]
    mronz: This is very interesting. Why hasn't CXDC made all this information public, specifically the names of the top 4 distributors and top 10 auto parts manufacturers? Selective disclosure violates US securities laws (Regulation FD).

    Moreover, where can one get the names or specifications of CXDC "materials?" CXDC does not have a Chinese-language web site, and the "materials" datasheets on its US website (which is down again) are laughable. I mean, does CXDC really expect people to believe that it sells any modified polypropylene under the brand COMPGOPER or any modified nylon under the brand POLGPAMR?

    Finally, how can a distributor model help collect A/R? That would be possible only if the distributor were larger than CXDC and had better access to financing, however, CXDC's distributors appear to be no-name entities, "selling" only CXDC "products," in other words, simply nothhing more than non-disclosed related parties.
    Mar 18 01:14 PM | 2 Likes Like |Link to Comment
  • Uni-Pixel's Declining Production Capability And Inconsequential Purchase Orders [View article]
    John, why should I call EK a total loser? EK is simply a TOTAL FAILURE in the touchscreen market, as you can't show me even one device on a store shelf anywhere in the world that contains a touch sensor (be it PEDOT, silver halide, or copper mesh) made by Kodak or its partners. Xymox has no actual products that contain Kodak's PEDOT sensor films - if you disagree, please let me know the model and where I can buy it. J Touch has no modules in any devices that contain silver-halide sensors. So, zero out of three. End of story.

    As you probably remember, J Touch had an overhyped silver metal mesh program for more than a year - a program that has now obviously failed. Things probably won't be different with the silver-halide experiment. Patterned silver-halide film is just too costly to compete with ITO - do the math!

    But, it is true, UniPixel cannot even sell to J Touch, because it has nothing to sell.
    Jan 7 09:09 PM | 2 Likes Like |Link to Comment
  • Uni-Pixel's Declining Production Capability And Inconsequential Purchase Orders [View article]
    notsoheavyD: Well, the stock was at $41.42 earlier, and nothing has changed since. Does it mean that you should not have shorted at $41, assuming you could borrow the stock? As this company is a Techno Pozni, it should be worth no more than its current cash holdings plus the liquidation value of its fixed assets, or about $5 a share. The market can be stupid sometimes, for a while, creating an opportunity. So, the stock just hit a 52-week low today, and is now supported only by the shorts who don't like paying 40% annualized borrow rate.

    Today's press release effectively announces that Kodak is out and the company cannot do 6-micron-wide lines. What more can you hope for?
    Jan 6 11:32 AM | 2 Likes Like |Link to Comment
  • Uni-Pixel's Declining Production Capability And Inconsequential Purchase Orders [View article]
    Johnnyphi: Kodak did fail. The Kodak facility was indeed supposed to begin commercial production in Q4 of 2013. According to UniPixel's Chief Pumping Officer, Mr. Chris Hoffman, Kodak IR sent him the following email in late November:

    "Hi Chris. Thank you for your inquiry. We are not aware of any issues that would alter or delay our joint activities with Uni-Pixel and we stand by the previously announced schedule that we will begin commercial production of initial orders in the 4th quarter of 2013 and ramp up production in the 1st quarter of 2014."

    Moreover, at the annual shareholder meeting in April 2013, with the Board present and in attendance, Mr. Killion stated to the shareholders that Kodak would be producing product in "August time frame." I do have a recording of that statement.

    So, please do not spread misinformation!


    Jan 4 10:49 AM | 2 Likes Like |Link to Comment
  • Uni-Pixel's Declining Production Capability And Inconsequential Purchase Orders [View article]
    Johnnyphi: If the capacity never existed, then the CEO, with the approval of the Board of Directors, committed fraud, as the company used those capacity numbers to raise $15 million in 2010, $12 million in 2012, and $41 million in 2013.

    As my article shows, the company had installed and calibrated 10 million sqft/month of touch sensor production capacity as of July 2011. Why hasn't the company shipped even one working touch sensor since July 2011? Why did the Board of Directors wait for 2 1/2 years? The explanation is very simple - the company is nothing more than a Techno Ponzi scheme, a scheme which the management and the Board have utilized to enrich themselves at the expense of the shareholders.

    Kodak has already failed. Kodak was supposed to begin commercial production of initial orders in the 4th quarter of 2013. No such production has materialized, and now, likely never will.
    Jan 3 02:43 PM | 2 Likes Like |Link to Comment
  • Uni-Pixel's Declining Production Capability And Inconsequential Purchase Orders [View article]
    Paxmaker: What due diligence by analysts? You are aware that the most devout analyst has already dropped coverage and moved to another "firm," while the second most devout analyst has dropped his price target from $46 to $10 and is now complaining of lack of visibility.

    Dell is not a major investor. It is UniPixel that claims that Dell (aka the unnamed PC partner) gave them $5 million to build capacity that has already been built. Dell has never issued a press release or made any statement that confirms that $5 million payment and its purpose.

    If Kodak needed a solid win, why did Kodak partner with Kingsbury to develop silver-halide touch sensors after first partnering with Heraeus to make PEDOT touch sensors and then partnering with UniPixel to make copper touch sensors? http://bit.ly/1449BFr You do understand that the only thing Kodak really knows how to do is silver-halide, that is photographic, films? Kodak now has zero expertise in copper electroless deposition, a critical step in UniPixel's process, after getting rid of all its talent in that area 14 years ago.

    The company's Chief Technology Officer is into making oil from sand. The Senior VP of Engineering is on record claiming that UniPixel's TMOS displays have been sold in 2010 for robotic surgery applications. The VP of Global Sales was shamelessly lying about the UnIPixel's competitive position at the Opco conference in 2013. Should I go on?
    Jan 3 12:31 PM | 2 Likes Like |Link to Comment
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