Fonix:Voice Recognition Product (FONX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Fonix:Voice Recognition Product (FONX)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr. Pink who wrote (1558)	1/10/1998 10:45:00 AM
From: Jerry String	Read Replies (1) of 3347

Mr. Pink: I am always delighted to see someone like you posting with common sense, exposing this company for what it is. I love to watch the bullish posts of people (Mark Cox and franco nuvoloni, you know who you are)who have "just gotten off the phone with management". These people have gotten what they deserve in FONX and are in for more. Did you happen to notice the following from the FONX amended filing of the registration of their financing deals? <<The Siemens Agreement calls for the payment to the Company of royalty revenues when the Company and Siemens have entered into a further agreement or agreements for the development of specific technologies, although there can be no assurance that such additional agreement or agreements will be entered into by the Company and Siemens. Other than the arrangement with Siemens, the Company has no licensing or co-development agreements with any third party. The Company presently anticipates that any products incorporating the Company's Core Technologies would be manufactured and marketed by such third party licensees and co-development and strategic alliance partners such as Siemens and therefore has no plans to manufacture products incorporating the ASRT for the foreseeable future. There can be no assurance that the Company will ever be able to license its Core Technologies or enter into co-development or strategic alliance agreements such that the Core Technologies or products based thereon will be commercially viable.>> This filing was made last week. Anybody call the company recently and hear all the bullish statements from them about working on the "First Statement of Work" (while they were putting the above statement in a filing to the SEC)? And, if so, did you go out and buy the stock based on the management's ebullience??? If so, you have no one to blame but yourself. Try reading the filings to get the real story.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next