Mark Cox: I beg to differ with you. YOU are the person who is correct here. With me having so far made a significant amount of money by being short this stock over the past two months, my eyes have now been opened by you that my profits were garnered through a mere fluke of an investment.
Thankfully, I can now see the errors of my ways regarding this financial powerhouse. The "core fundamentals" are strong at FONX because Mr. Studdert said they are strong. And he even said so in a press release, so it could not be wrong. All one has to do is go to visit him and you will be convinced that someone at the SEC is planting false numbers on the financial statements for FONX, like that $35M accumulated deficit. I bet that should have a plus sign in front and it was actually retained earnings because the fundamentals are very strong; all you have to do is just call the company and ask. They will tell the true story. Don't look at those false numbers because the fundamentals are strong!
And thankfully, you are a positive person. I have been so negative and I am merely lucky that this negativity did not get me into trouble while I was investing. You are right about the Board of Directors being so high profile. That is a positive statement. For someone to suggest that showering the Board members with hundreds of thousands of stock options each was their motivation to join the Board is just plain negative! Those Board members did not care about themselves when they joined the Board. They actually sat down and met Mr. Studdert and believed in him. You would too if you met him. And the patents; for someone to even INFER that there are many thousands of patents in Washington that had licensing deals signed to them with no action on them and in a junk heap is a just plain negative statement. This would never happen to FONX.
At the end of last year, you and Mr. Studdert were right. The stock was driven down by "shorts", "tax selling", and general market manipulation. It had nothing to do with any lack of substance to the Siemens announcement. Mr. Studdert said on December 10th:
"The fundamentals of the company are strong, and within the next 24 hours fonix will issue a substantive review of those strengths and a status report on recently announced strategic alliances."
And you know what? I even think that the "subtantive review" WAS issued, but someone (maybe a short) kept it out of the public's hands. I know that the review HAD to have been issued because I believe what Mr. Studdert says and that the Siemens deal was worth multimillions of dollars starting in this past 4th Quarter. The money is there. I now know it must be there.
You are right, Mark Cox, all you have to do is just call him or go meet him and then it is not necessary to verify anything in the future because you will see that he is an honest man who wears a nice suit and sits in front of the American Flag all the time.
I don't know how I could have been so stupid and so lucky to make $38,000 with the wrong information all this time.
I am glad that SI exists so that I can learn from someone as knowledgeable as you, Mark Cox. Thanks.
Mr. Positive |
