Nhaynes
Dear John: :-)
Oh no! Not another "Dear John" letter
Your post to Bill Cleveland filled with references dating back to 1996. All came from post dated August 17, 1996 back in the Klenovic/Bunte era. Only one related to the present and it was taken out of context.
You are incorrect. I checked my response to Bill Cleveland [and you should have too - its at Message 5244921 ], and, as I said, there is only one "old" link on it. In terms of the reference that you think was taken out of context could you please explain which one. I provided links to all the posts that I quoted on purpose so that people can check the context for themselves.
For your Information, here are all the links from the Bill Cleveland post. I have provided the dates beside each one:
4-Jun-1998 BBNS analysis of NVID: techstocks.com
17-Aug-1996 BBNS analysis of NVID: Message 227984
27-May-1998 BBNS E-mail list techstocks.com
16-Jul-1998 Is NVID on a newsletter being pumped?
techstocks.com
The other posts were general information posts only (not related directly to NVID) and are all from 1998.
By the quotes you have stated, it is apparent to me that you are on a witch hunt, just my own opinion and others can make up their own mind.
I'm not on a witch hunt.
That poster has been long gone from here and stated his reasons for same. Otherwise, why do you bring up something he said so long, long, ago and reference things that happened two years ago.
The post was put there not because of who posted it, but what it contained - i.e., a copy of previous BBNS research. I brought up "old information" because I thought it was relevant to today.
There has been another poster to this thread that alluded to your thinking. Should I begin to start thinking in the terms of a conspiracy evolving here.
What because someone agrees with me, you suspect that there is a conspiracy? I think that is totally ludicrous. Do you really believe this, or are you just putting me on?
That is about the only thing that has not been alluded to on this thread, don't you think so?
What do you mean a conspiracy has never been alluded to on this thread? When B&K were running the show, the whole company was basically a conspiracy. Besides, there are several posts that talk about conspiracies (mostly insinuating that Derek Allen is part of one): Here are a couple:
Wonder if there is a conspiracy going on.
Message 527604
Is it possible that a conspiracy was hatched ...
Message 530194
My statement regarding Mike Redden and Dave Larson was factually correct also. Dave Larson was appointed Vice President of Sales of NVID's subsidiary Aqua Bio Technologies in "JULY, 1996" (same Klenovic/Bunte era). After their arrest, both resigned. Craig Sheffield was appointed President. In early June Craig Sheffied resigned for personal reasons and Dave Larson and Mike Redden became President and Vice-President of Sales respectively. I do believe there is a difference in titles and eras.
You seem to be trying to draw a distinction between Aqua Bio Technologies, and NVID. The distinction exists only on paper, not in reality. Let's look at the arrangement they had:
Eric Savage's description of the NVID corporate offices:
There office is a small rented two-story that probably has less than 2,000 sq ft. Maybe more, maybe less.
It is located a little North of the central part of Sarasota on Tamiami Trail which is the main road through Sarasota which is also a state road.
The appearance is a little more than repugnant.
NVID is one small office (Bunte's) that probably measures about 14 x 16' more or less. Not only do they share, they are really one in the same as one merely has to shout (shouting is a way of business) a few feet away. They have an old fax machine that they consider to be eMail. See their stationery that will confirm that!
Manufacturing facilities appear to be someplace hidden away in Ohio.
Message 982305
And from post 360, we see that K was a director and officer of NVID and an officer of Aqua Bio and Superior Aqua.
Matthew Klenovic - Secretary, Treasurer, Director NVID; President
Superior Aqua Products/Executive Vice President Aqua Bio Technologies
and from the same post:
It should be noted the aforementioned individuals' titles may not be entirely accurate as they change dependant upon the document being viewed or individual questioned, i.e. sometimes Matthew Klenovic is President, and other times he is Executive Vice President and Thomas Pluto is President, etc
He [K] settled that case in December 1996 while he was already an active participant in NVID. He promised the unaware SEC attorneys that he would refrain from running a stock company for at least five years.
"He [K] held no official title at NVID, but admitted" Thursday that he was the firm's ''control person.''
So clearly we have a situation here where the companies are not really distinct entities at all. They share office space, they share directors etc. Titles are changed from press-release-to press release to suit a particular situation. The control person at NVID is an officer of Aqua Bio etc.
NVID was also released in June by the Courts to continue with their business. This defeated the agenda of killing this company
Who are you saying has the agenda of killing the company - the SEC?
He [Arata] was a relief defendant, which means nothing more than he had assets in his name (house) and for some reason he was released from that also by Court Order signed by Judge Adams. Think it involved a promissory note to NVID, which indicated to me he was not given a house for free or any other freebies.
Well I don't know if living in a house purchased with stolen money is particularly ethical. Even if you just borrowed it rather than stealing it yourself. Even if you promised to give it back. The promissory note is meaningless if the management (i.e., B&K) never planned on collecting on it. Do you know if he was paying interest on the note?
Just because the SEC by their pleadings said they found such and such in their investigation does not make all the statements in a pleading factual. It is the basis for a lawsuit.
Well of course many of the SEC's pleadings were proven to be quite factional when Mr. K confessed. Speaking about lawsuits, do you have any idea when the defrauded investors are going to sue NVID? If there was a lawsuit, do you think that you would join the suit to recover some of the money that you have lost?
That is what hearings and trials are for. To ferret out the facts. Evidently a Federal Judge ruled in favor of NVID for a reason don't you think? In June, 1997 when NVID was given that asset by the Court it is my understanding it was sold to help pay off debts of NVID and to keep the doors open.
And to pay salaries of course! In terms of the judgement, I guess we can talk about that when we see it.
Some on this thread tried to vilify Arata and that was totally uncalled for but when you are desperate to kill a company, what else do you do, but attack everyone in, near and around it which was done (reference Post #1923) Derek Allen tried continually to implicate Mike Redden and Dave Larson as trying to get their hands on the assets of NVID for their own purposes, which was far from the truth, <IMHO>
Post 1923 makes a lot of sense after we review the court proceedings. Which parts do you disagree with?
Thanks for explaining the ???. Take a look at Post #2317 dated September 25, 1997 wherein you stated, "I think that what will probably happen is that the management of the company will continue to plug away, while paying themselves salaries using NVID's money. When the money runs out, the company, being unable to raise any more money will be forced to fold. This will not take long. If we're lucky NVID may become a shell and maybe after being dormant for a few years, the shell will be brought out in a reverse take over, and then NVID (although not Axen) will rise again. Wow! And when it does Cindy and Derek will be there!" Tells it all. You answered your own questions, it seems and yes the NVID story is not over, but hopefully soon the SEC agreement will be released and Mike and Dave will be able to inform the public what has transpired in the interim.
As I said, it was just the unknown future, more of a rhetorical question than a real one. I don't know what the future holds for NVID. But I did make a guess about what the future could be back in September. It's still to early to tell if I was right or wrong though!
NVID has prevailed thus far (to some's dismay) and Mike and Dave have focused on the real business of ionization (which is their expertise) and from what Tumon posted about RMS, looks like the possibilities are there to succeed. If hard works has anything to do with its success, we shareholders have no worry, I would say. There is still much to do regarding RMS, but Mike and Dave are not quitters and it will happen and will be done correctly.
Well they have yet to close the deal - the press release see
biz.yahoo.com )
The formal agreement should be completed within the next 60 days.
and
There is no assurance that NVID will be able to commercially exploit the agreement referred to above. As indicated in prior releases, NVID has limited financial resources.
So they still have a very long ways to go before this deal is finalized, let alone before it generates them any sales.
The past is the past and why there are those that want to hang on to it is beyond me. GIVE US STOCKHOLDERS AND NVID A BREAK.
The reason that some people want to hang on to the past is because we can learn so much from it.
Time will tell and the facts have been on our side thus far.
Which facts are these? What do you mean by "on our side".
I am in FTEL,(which is in the tank right now, but I am a believer that in the long run it will be a winner for me ) The more I have researched this the more of a believer I have become. Do you consider that hype? Like you, I have a good memory too......
Wasn't FTEL a BBNS pick at one time as well? Not a very good looking chart though: quote.yahoo.com
I don't think there is any sudden interest in this company.
Well this thread has sure gotten lively all of a sudden.
Hyping and pump and dumper stories are common. The person to blame is themselves for investing. Nobody writes that check but them, nor twists their arms.
Of course their arms are twisted. The hypster uses PSYCHOLOGY and fancy words to dupe people into thinking that the company is worth buying. They play on people's ignorance, stupidity, laziness and greed.
Most investors are gamblers by nature.
I think you might be confusing taking risk with gambling.
One must accept responsibility for their own decisions. Win or lose. The warning to not put money in a stock that you can't afford to lose falls on many deaf ears. Too many are looking for those ten, twenty up to a hundred baggers and they rarely materialize. If you don't listen you have to feel. Mostly in the pocketbook, sadly.
Of course. But we know that there are people who prey on unknowledgabe investors and try to scam them with hype jobs, lies etc. Just because the warnings fall on deaf ears, doesn't mean that people should stop trying to warn others.
Canadian broker comment: Was a possibility. They are all over SI under pseudonyms I am told. Like Fred Stalls said, you learn to trust no one. Hey, but I trust me.
What exactly is wrong with Canadian brokers anyway?
Question to you. If you have followed since post #390, then you missed the post that was quoted most on this thread, like #360, the beginning of all this.
I have not missed any of the posts on this thread. I have read all of them.
How did you find NVID? Through a thread or a friend possibly?
Either through another thread on SI or on USENET posting - I don't exactly recall.
At the beginning in September, it was apparent I think to all what your reason for posting was and to which side you aligned yourself with.
I am not aligned with any group or side - I just call them as I see them.
Regards,
John Sladek |
