RE:RE:RE:RE:RE:For all those Peopls forget et need answer :0Hedge:
we have been in this stock for over 5.5 years, I had a couple of good runs and in hindsight I should have pulled the pin, but I didn`t, I saw something promising with great potential as you must have and jumped back in.
But for years that potential did not sell and every CC we were told it`s just a matter of time before we get all the Majors, we`ll be the defacto format.
Long story, but then since we could not sell the format we decided to offer content to sell the format.
We got the content but still we could not sell the format, only Vizio, Hisense and TCL bought into it.
Vizio the only one to use it with 3DGo.
We built platforms for Panasonic-LG and Samsung because they did not want the format and so SIO Hi-Fi became a has been, it was modified in March 2014 to something compatible with SBS decoders and using less bandwidth.
In the mean time we went from 43.000.000 shares to a 112.500.000 now, our SP from over $3.00 to $0.12 (it touched $4.16 late 2009 –early 2010), and flat as a pancake for the last three years, reaching $0.34 thanks to Bruce`s pumps.(we debuted on the Venture at 0.50 and spiked to 0.75 in June 2006).
In 2012 we had a PP (not bad considering), but in 2013 the biggest giveaway you could think of, followed by the biggest orgy of trading in the history of the Company for no reason and never explained.
Now after everything we ever dreamed LG-Samsung just launched and the Intnl Launch announced we are trading at bottom prices.
We need a PP now, he`ll need money to fuel these late announcements.
Some think the markets are nuts not to see the potential, are they?.
Why hasn`t the Caisse thrown another life line?, are they waiting till the last minute or just don`t care, if the last option it`s serious cause if another PP you`ll think the Caisse will be right up there,maybe another motive we are not aware? they only have 2.500.000 left to exercise or $450.000 that it can extend life for another 2-3 months.
LG has been so good to us many say, but has not settled the S2D switch ,which at this stage of the game could save us from more misery, they have to be way over $1.000.000.
So we are in good company as long as we foot the bill.
Everybody is celebrating Samsung launched a week ago (I`m too) right now our only hope till the Intnl Launch.
But what if Samsung turns out the same as LG?, nobody ever looks at what if, it happens and it has happened, I posted the SIO Information Form and there are lots of things that could happen outside the Company reach, as told by the Company.
The Intnl Launch coming starting at the end of December 2015 with 1 to 5 or 6 countries, which order ?.
That`s one year late with a third of the countries.
I just came back from Europe two weeks ago, 5 days in England, 5 in Germany and 12 in France.
Like I always do I dug around stores and talked to people.
There`s interest in 3D, but nobody in the stores or people I talked is aware of any streaming coming, so as Routhier said in the CC still lots of work and money needed before then.
There are quite a few of us with 5 to over six years with SIO, so when somebody mumbles if you don`t like it sell, long live the longs, or why didn`t you buy those cheap shares I laugh.
Because as of now we are still a few quarters to see if we are going to make it.
We are counting heavily in something just launched and something months away.
As far as your discussion about LG launching I see it differently.
Technically it was announced via tweet and then PR at the end of December 2014.
Even with a:
6% the first week.
34% in mid January.
63% February 9th.
100% March 25%.
Those are considerable numbers when you talk 2.000.000 TVs plus.
So I don`t buy the formula saying that we were not fully launched till March 25th and start counting from there. Again IMHO.
And who`s fault is it?.
If it`s LG as SIO says, we must have been aware, but we went right through till March 25th and when the numbers were not there ALA that`s what happened.
We were not told at the AGM either, you can put the appropriate word , there are a few that much, but basically lying again.
Many investors were going on the assumption of a full launch, even you were fooled when you projected some ridiculous numbers on Jan 9th.
So now is Routhier telling the truth and it`s a full Samsung launch?.
Are we launching Internationally with all those couintries or as long as we launch with one that`s the start of it.
According to your projections everything is Hanky Dory, and I really hope so but I ceased to be an optimist and became a realist.
I hope everything happens but I have reasons to question, so maybe I`m better than an optimist because I`m just hoping not waiting.
In any case good luck brother Hedge, irregardless of what we do and say we all hope.
Cheers.