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bonkthegrups

bonkthegrups
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  • InterOil's Increasing Value Proposition [View article]
    Oh the memories.
    Jul 9, 2014. 12:43 PM | 1 Like Like |Link to Comment
  • Why Royal Dutch Shell Is Likely To Bid For InterOil Imminently [View article]
    What ever happened to "ResourceArb"?
    Jul 9, 2014. 12:34 PM | 1 Like Like |Link to Comment
  • Post-Deal, What Is The Value Of InterOil? [View article]
    My oh my Mr Stavros.

    It seems you would have been wise to pay attention to my comments rather than wheel out the insults.
    Jan 6, 2014. 09:21 PM | Likes Like |Link to Comment
  • Post-Deal, What Is The Value Of InterOil? [View article]
    Looks like I was bang on.
    Jan 6, 2014. 09:19 PM | 1 Like Like |Link to Comment
  • Qualcomm Risk Rises In ParkerVision Case [View article]
    >>Qualcomm didn't just steal Parker's patents, they stole Parker's chance to build a business from it's own proprietary technology.<<

    ???? Surely you jest.

    Are you aware that Parkervision has over 200 patents separate from handful related to the QCOM case? How successful has the company been in selling products based on or licensing that other IP?

    If PRKR had it's business opportunities stolen away, why did Jeff Parker assert quarter after quarter, year after year, that they were at the finish line with multiple OEMs, only to come up with nothing?

    It seems VIA licensed the "technology", couldn't get any customers to adopt it, and then PRKR has to pay VIA now?

    With over 200 patents we have:

    2006 Product & Licensing Revenue: $0
    2007 Product & Licensing Revenue: $0
    2008 Product & Licensing Revenue: $0
    2009 Product & Licensing Revenue: $0
    2010 Product & Licensing Revenue: $0
    2011 Product & Licensing Revenue: $0
    2012 Product & Licensing Revenue: $0
    2013 Q1-Q3 Product & Licensing Revenue: $0


    --------------------
    "So, that leads us to an update on business development activities in the mobile handset markets. Each quarter, I wrestle with how to help investors understand the significant progress we're making on this front, while at the same time not providing details that are confidential and inappropriate to disclose at this time." - Jeff Parker, 2007

    ---------------------
    "In terms of opportunity for d2p in 3G, this space is just beginning. In 2007, there are 240 million 3G handsets that are predicted to be shipped, but it is expected that this number will grow to 500 million per year by 2010, which will still only represent about 30% of the total handset shipments. Because 3G products are really in their infancy, OEMs will have their eye on how to find efficiencies in lots of areas for many years to come as well as the marketers of those handsets will be looking to add features to 3G, but OEMs will be looking to find space savings for the fundamental phone functions so that new features can be added." - Jeff Parker, 2007

    ---------------
    "But some of you may ask why is it taking so long to get the target customers adopting such a beneficial advancement to their product. In reality, companies of this size and stature move at a pace that is comfortable for them and that has been proven to be successful when adopting new technologies into their products. Since the only real benchmark that the investment community can see is the announcement of a material agreement, you don't get to see all the other progress that we see before that occurs, and we continue to see plenty of signs that point towards adoption. We have OEMs that have moved into very specific implementation discussions with us that ties up some of their precious
    resources and that we don't believe it's just an exercise." - Jeff Parker 2007

    ----

    "...in addition to this progress that we're seeing behind the scenes with OEMs that we've been engaged with, we also have a few new dynamics that have occurred recently that we think may help us in creating a greater sense of urgency. First, we've been approached more recently by other companies in this space that are seeking to create better solutions for their customers." Jeff Parker 2007

    -------

    "our carrier relationships have now evolved to result in carriers who are willing to proactively encourage OEMs to move forward with our technology and who have even said they will participate in network tests with d2p and have even shared a willingness to shoulder some of the product development costs for an OEM to incorporate d2p into their products...So, what I hope you takeaway from today's call is that we remain highly confident that we will successfully bring some of these OEM relationships that we're building to the close of successful business relationships. Our technology is truly in the right place at the right time, it provides advances for handsets that are spot-on, and there is nothing an ultimate technology that we've seen or even heard about, the challenges what we are offering. 3G networks are just now deploying, and the growth projected for 3G over the foreseeable future is tremendous." - Jeff Parker 2007

    Or how about just last year on "D2P":

    "On the topic of commercialization of our intellectual property, namely our d2p transmit chips, our team has continued
    to work closely with an Asian mobile products OEM. They continue to indicate to us their enthusiasm for our
    technology." Jeff Parker Nov 2012

    "The commitment that they've asked for is very traditional kinds of things that you would expect when a product is going to go into volume production and we're at a point now which is further
    than we've ever been with a handset OEM of getting to that part of the discussion. And so, we're hopeful that we'll be
    able to move through that quickly; quickly being in the near term and satisfy that." Jeff Parker, Nov 2012

    "The most I can really tell you right now is that particular OEM has been talking with our team about products that will be shipped in Asia, so that's where the geographies will be and has been talking about some different phone models, so it would be phones, possibly also some complementary products that would use the same kinds of chipsets that go in phones, such as tablets or other mobile products that use cell phone chipsets. So, it's a
    potpourri of things, but it's mostly focused on Asian-based phones." Jeff Parker, November 2012


    Here's one I randomly plucked from Aug 2010:

    "We took a big step forward toward accomplishing that goal a
    couple of weeks ago when we announced our first handset design win and our baseband partner's commitment to
    facilitate the procurement process by agreeing to the terms and conditions of an initial blanket purchase order for up to
    1 million RF chipsets."

    All that activity (a "potpourii of things" according to Jeff Parker) for years and years on "technology" unrelated to the QCOM suit, and yet Parkervision just can't catch a break because the whole world is against it. Even "design wins" are really just ways of sticking it to poor Parker.

    In the meantime the share count:

    2003: 16M
    2004: 18M
    2005: 21M
    2006: 23M
    2007: 25M
    2008: 27M
    2009: 41M
    2010: 53M
    2011: 67M
    2012: 83M
    2013: 93M
    2014: ?

    I see the company just forked over another 100,000 shares to Jeff Parker last week as a "bonus" and shoveled an extra $275,625 Sorrell's way.
    Nov 26, 2013. 12:37 PM | 7 Likes Like |Link to Comment
  • NQ Mobile: NQ Live Is A Game Changer [View article]
    "It is extremely hard to fully appreciate the power and sophistication of NQ Live without seeing it in-person. That said, I will attempt to describe it the best I can."

    Seems logically inconsistent with:

    "Just like everyone else...saw the screen shot on the call and got a verbal walk through from NQ. "

    Would you be so kind as to clarify?
    Oct 28, 2013. 03:21 PM | 5 Likes Like |Link to Comment
  • NQ Mobile: NQ Live Is A Game Changer [View article]
    Treasure Hunter's link doesn't seem to work, I think this is the correct link:

    http://bit.ly/1gS7XCq
    Oct 27, 2013. 05:19 PM | Likes Like |Link to Comment
  • InterOil: The Stars Are Aligned For A Takeover Battle To Ensue In The Coming Weeks [View article]
    I'm just wondering when "the coming weeks" period ends this time around? We're coming up on week 7 now.
    Sep 23, 2013. 11:51 AM | 1 Like Like |Link to Comment
  • InterOil (IOC): A Crystal Clear Opportunity [View instapost]
    "This is just such a clear situation if you can segregate the noise from the important facts, and I think that investors will be rewarded tremendously this year."

    Which year was that again? It's September 2013 now so it doesn't seem so crystal clear anymore.
    Sep 23, 2013. 11:48 AM | Likes Like |Link to Comment
  • InterOil (IOC) - “Some market voices said ‘Right project wrong Company’, They will be proven wrong again!” [View instapost]
    "The tremendous discount to NAV at which InterOil’s stock currently trades can only be attributable to skepticism over the company’s ability to sell a stake to a strategic and monetize its gas. What the market fails to recognize, however, is that the project has been completely derisked by the liquids backbone, and the current stakeholders of Liquid Niugini can fund the entire development of the liquefaction facility with cash flow from the condensates alone (though selling a strategic stake will accelerate project development and exploration activity). "

    3 and a half years later this looks pretty funny.
    Sep 23, 2013. 11:46 AM | Likes Like |Link to Comment
  • InterOil's Elk/Antelope Resource Revisited [View article]
    "Apart from that, I think many resource companies are given to put a little lipstick on their resources."

    I agree 100%. On a scale of 1-10 most resource companies are a solid 9.5. IOC was a solid 17 IMHO.

    Everyone should agree that nobody is entitled to his or her own facts, long or short.
    Jul 12, 2013. 10:23 AM | 1 Like Like |Link to Comment
  • InterOil's Elk/Antelope Resource Revisited [View article]
    Anything is possible but I think if the CEO's departure were in any way related to that Belesis clown being charged they wouldn't have left him on the board of directors.

    To me it seems more likely that for whatever reason some combination of the PNG gov't, the board, or prospective partners made it painfully obvious that it was long overdue to upgrade the C-suite.

    I think they have done so and the new hire seems like a fantastic choice.

    Having said that I still wouldn't touch the stock with a barge pole :)
    Jul 12, 2013. 10:21 AM | 2 Likes Like |Link to Comment
  • InterOil's Elk/Antelope Resource Revisited [View article]
    I think it's perfectly fair to call out short sellers who are speaking out publicly to back up their claims (in a perfect world they would lay it out in a 200-page 3 hour presentation like Bill Ackman did on Herbalife).

    I agree that Antelope is an "encouraging" resource (Exxon wouldn't be wasting its time, nor would have Mitsui).

    However I do have to point out that this article seems imply that IOC is an innocent bystander and hasn't contributed to its woes.

    For example:

    "And it's quite unlikely that any party would have committed billions of dollars for an LNG plant on the basis of a single well. So it's simply a bit of a semantic trick (the likes of which we have seen so often) to argue that InterOil has been drilling and promising deals for years and years....Realistically, one could only have expected serious interest after a couple of Antelope wells were drilled and evaluated by a third party. That's only a couple of years. "

    I believe that, it seems the author now believes that. But the fact of the matter is the company has been stating otherwise for many years. Interoil hired BNP Paribas and ABN Amro in early 2009 to do exactly that:

    http://mwne.ws/11IDCzf

    Here is a presentation they gave exactly 4 years ago, several months after they hired the investment bankers:

    "In March, 2009 InterOil Corporation announced it had retained
    BNP Paribas Capital (Singapore) Ltd. (BNP) and ABN AMRO
    Corporate Finance Australia Ltd. (ABN AMRO) as joint financial
    advisors for the sale of interests in the Elk/Antelope field, the
    Liquid Niugini Gas Ltd LNG Project and associated liquid natural
    gas off-take agreements with potential strategic partners
    24

    InterOil is currently qualifying bidders"


    This is a minor example. One of many many others dating back to at least 2007. Another small example:

    "We are in discussions, a vast number of companies on at least three continents have expressed interest joining our acreage following the Elk-1 discovery and flow test."

    That quote is from 6 years ago in April 2007.

    I think the author's point is that based on the available data about Antelope in particular, and the fact that high quality shops like GLJ and Gaffney have assigned a large contingent resource estimate, the vocal shorts are unwilling to accept the fact that Antelope may actually have value. I think that is fair based on the data and the fact that there is some legitimate interest from Exxon (terms unknown....).

    However I think it's also fair to say "why should we believe them now?". In this regard I think the company has done severe damage to itself by over-promising and under-delivering for years. After years of vicious defense of the company and the CEO it seems vocal longs were pretty quick to throw him under the bus and put it all at his feet. I dearly miss him, but the jury is out as to whether or not this time will be truly different - remember the "binding bid deadline" was February 28, and they are just now in non-binding discussions and considerations with Exxon (again, terms unknown).

    Fun to watch.
    Jul 12, 2013. 09:52 AM | 1 Like Like |Link to Comment
  • NQ Mobile Is A Deeply Undervalued Battleground Stock Primed For A Major Move [View article]
    From what I can see Toro's only other disclosed holding is Ambow Education where they disclosed an 8.1% stake in Dec 2012 worth about $10 million:

    http://1.usa.gov/14ZPNpY

    Within 90 days trading in Ambow was suspended and a couple of weeks ago KPMG was appointed as liquidator:

    http://bit.ly/14ZPNq2

    Given the author is recommending "that you buy NQ Mobile (before someone else does).", I am curious, given the Ambow experience, why the "significant incremental due diligence on the Company." was conducted, as stated, to "better understand the market dynamics that dominate NQ's share price movements at the moment"

    Is this a trade or an investment? How much due diligence can you really do on these things?
    Jun 27, 2013. 12:18 PM | 2 Likes Like |Link to Comment
  • Bigfoot, Bogeyman, Naked Shorts, And Other Myths [View article]
    I guess if you can string 2 or 3 sentences together in a coherent manner you must be the same person.

    Get a grip Tarul.
    Jun 14, 2013. 09:30 AM | Likes Like |Link to Comment
COMMENTS STATS
245 Comments
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