Rim Semiconductor updates

[Stoppmann]

I guess it really doesn't matter to me one way or the other as we don't even know who Kenneth Chan is. The person could have said William Gates or any other name, it makes no difference. I can take 3 guesses who did it and that he probably got a big chuckle as the person pats himself on the back for being so darn funny and clever!!! Imagine that!! Somebody impersonating someone else on a blog! Just out of this world hysterical and genius like! OK, sarcasm aside, I agree with the person's point, Rim can settle all of this.

They would if they could. It hasn't happenend yet. The "yet" is what keeps us all here.

[doughjo]

Correction: Rim Semiconductor
Ed Gubbins February 17th, 2008
In my initial report on Rim Semiconductor, I wrote that Embarq was one of the few publicly named members of the IPSL SIG–the group convened by Rim to develop industry standards for its IP Subscriber Line technology. In fact, Embarq is not now and has never been a member of IPSL SIG. Rather, Embarq hosted the group’s first meeting last April, but a spokesman for the carrier assures me that their only contribution was the locale–Embarq’s Technology Center. The telco has not participated in the group’s standardization efforts, though Embarq has evaulated Rim’s gear and is “keeping an eye on the technology,” the spokesman said.

[jjz34]

Wonderful! Keeping an eye... What the heck is that??

[destiny1]

SEC Form 4 FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940OMB APPROVALOMB Number:3235-0287Expires:February 28, 2011Estimated average burdenhours per response0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).1. Name and Address of Reporting Person* Swope Will (http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001426491) (Last)(First)(Middle)305 N.E. 102ND AVENUE, SUITE 105(Street) PORTLAND,OR97220(City)(State)(Zip)2. Issuer Name and Ticker or Trading Symbol
Rim Semiconductor CO (http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001026595) [ RSMI ] 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable) XDirector10% OwnerOfficer (give title below)Other (specify below)3. Date of Earliest Transaction (Month/Day/Year)
01/03/20084. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line) XForm filed by One Reporting PersonForm filed by More than One Reporting PersonTable I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) CodeVAmount(A) or (D)PriceTable II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of SharesNon-Qualified Stock Option (right bo biy)$0.03101/03/2008A1( 1 ) 01/03/2018Common Stock2,000,000( 2 ) 1D

[doughjo]

Wonderful! Keeping an eye... What the heck is that??


427 post from another board.


I don't know what will happen with Embarq but I have had correspondence recently from an Embarq manager that says Rim is on the list for field trials this year.

[destiny1]

There has been considerable media hype of late concerning pair-bonded VDSL 2 lines as the method of choice for increasing signal speed and distance over copper.

AT&T and several others have extolled its virtues. Though slated to be deployed in early 2007, AT&T (http://telephonyonline.com/access/news/att-pair-bonding-0124/) recently announced that deployment has now been postponed to late 2008. The bottom line is there continues to be issues with picture quality.

Rim Semi on the other hand has stated on many occasions that pixilation and noise/crosstalk concerns with pair-bonding continue to inhibit picture quality. And even if these issues are solved, CupriaTM chipsets can also be deployed on pair-bonded lines increasing speed and distance even further without risking service quality.

Here is a copy of a recent study speaking to this very issue. The bottom line: Unless the picture quality is at least equal to the cable offering, little else matters.

http://qoe.symmetricom.com/pdf/WP_07VQStdy_021308.pdf (http://qoe.symmetricom.com/pdf/WP_07VQStdy_021308.pdf)

D1;)

[Stoppmann]

Anyone care to guess why there are delays in producing the ASSP? What is holding them up? RSMI has conducted field trials, and the company has publicly stated that their chip is far superior than their competitors based on these trials.

Yet we hear from the telcos, through articles, that will ultimately purchase this technology that they are "keeping their eye on it" or "it's still in the breadbox stage". Based on these statements, it appears that the telcos like what they see but the technology has to be further developed before these telcos make the committment to purchase.

So what is holding up the party? Is it pricing? Is it compatibility issues? Which facet of the technology has to be improved? Perhaps the speed of the technology is superior but the technology has to be tweaked for a better end-user experience for IPTV? Hence the purchase of the algorithm from UTEK. Perhaps the telcos are relunctant to base their system on the IPSL technology. Perhaps the technology doesn't need improving but the telcos need additional time evaluate how much it will cost to upgrade their system? Does anyone know or care to guess?

[HopefulOne]

Why not send those questions to Brad and see how he answers?

H.1.

[destiny1]

More indication Embarq is moving toward focus on the VOD marketplace. Of course, this is where CupriaTM chipsets sit.

http://www.telecommagazine.com/newsglobe/article.asp?HH_ID=AR_3975
D1;)

[Stoppmann]

Why not send those questions to Brad and see how he answers?

H.1.

That is an excellent idea and I will. But in the past when I've emailed Brad about specific topics like this, I've gotten no response.

[jjz34]

More indication Embarq is moving toward focus on the VOD marketplace. Of course, this is where CupriaTM chipsets sit.

http://www.telecommagazine.com/newsglobe/article.asp?HH_ID=AR_3975
D1;)

It does not appear that Cupria is sitting anywhere yet. When we get an order we can postulate where the chipsets are sitting. I'm not buying anymore innuendo or inferences.

[destiny1]

February 20, 2008

Dear Fellow Shareholders,

This week our former director, Tom Cooper, began selling some of his shares in RSMI. He sent me the following note, and gave me permission to pass it along to you:
______________________________
Brad,
Following our conversation last week, I thought that a short, follow-up note regarding my planned share sales might be in order. Please feel free to post this for shareholder review, if you think they will find it helpful in understanding why I am selling some Rim shares.
As you know, I have never sold a Rim Semiconductor share before. For nearly six years, I have held on to shares that I either took in lieu of income (32,000 shares in the fall of 2002) or purchased in the open market. I recently filed a Form 144 disclosing that I plan to sell some of my Rim Semiconductor stock. I don't plan to dispose of these shares in one lump sum, but over a period of time.
I am selling these shares now because I am 58 years old and feel it's time for me to tidy up my personal finances in advance of retirement down the road, In order to help accomplish this, I am giving nearly all of my personal financial assets to a financial manger to handle. This financial manager tells me that I must provide funds for these new accounts "without prejudice," meaning that I can't own any stocks that cannot be sold or traded without restriction. Previously as a member of Rim Semi’s Board, I was prevented from selling these shares due to my insider status. Now, I think it is necessary for me to clear out all the shares held in these accounts.
Even though I am no longer on the Board and I still hold over a million options that I'm not exercising or selling. I have great confidence in the direction of the company, and for a number of reasons, I'm sad that I must let these shares go at today's prices when I have such optimism for our near-term product deliveries.

Just the same, the number of shares that I am selling is less than a typical day's trading in our stock, and I'm sure it will have no impact on the company’s share price. I have always thought that it was odd that no Rim Semi executive has ever sold shares in the company while working for it. That's extremely unusual, as my experience shows that everyone who has shares, from the Chairman to the lowest clerk, would normally participate in stock sales if they had shares in the money to sell.
I hope this helps you to understand my plans.
Kind regards,

Tom Cooper
Please feel free to contact me with your comments or for further clarification.
______________________________

Sincerely,

Brad Ketch
President and CEO
Rim Semiconductor Company

http://www.secfilings.com/filings/1026595/14770254/0001019687-08-000713//Rim-Semiconductor-Co-files-SEC-Form--2_20_2008.aspx?EID=317F6C8096A54097A53C00403F5C13C 6

[jjz34]

Hmmm, some may say no big deal. Some may say this "letter" is an indicator that Cooper doesn't expect an appreciation in shareprice any time soon. I may be off base but if I thought this shareprice was going to jump 10 or 15 cents in the next 3-6 months, I'd tell my "adviser" to cool his jets a bit. I am open to another interpretation if anyone has one...

[destiny1]

Hmmm, some may say no big deal. Some may say this "letter" is an indicator that Cooper doesn't expect an appreciation in shareprice any time soon. I may be off base but if I thought this shareprice was going to jump 10 or 15 cents in the next 3-6 months, I'd tell my "adviser" to cool his jets a bit. I am open to another interpretation if anyone has one...

jjz, imo, neither he nor his financial planner know when the move will begin. The accounts he is setting up don't allow restricted shares. So he monetized that portion of his portfolio. I guess if RSMI doubles or triples over the next 3-6 months, he'll wish he had waited. Financial planners however tend to work in much shorter windows. They have to show gains quarterly. Regardless, he'll still have over a million options available to convert to stock at any time.

D1;)

[Stoppmann]

If the shares Cooper disposed of were purchased in the open market or he has held for years, then he has sold his shares at a loss.

The value of the options that he is holding I believe are also less than the current share price so it would not make sense to dispose of his options at this time.

I wonder what "near-term" means to Cooper?

[deeba]

More indication Embarq is moving toward focus on the VOD marketplace. Of course, this is where CupriaTM chipsets sit.

http://www.telecommagazine.com/newsglobe/article.asp?HH_ID=AR_3975
D1;)

Some excerpts from yesterday's Chicago Tribune article titled "Red-letter day for Blu-ray":

"Reign may be short

Overall, about 1.4 million next-generation DVD players -- Blu-ray and HD DVD -- were sold in the U.S. by the end of 2007, according to Steve Koenig, an analyst for the Consumer Electronics Association. That doesn't include figures for the PS3 gaming system, of which Sony has sold more than 10 million worldwide since 2006.

Yet even in victory, Blu-ray may not reign long. In fact it could still become the "Laserdisc of its day," Honolulu consumer Owen Nobuji said with a laugh about the format that died quietly in the 1990s when DVDs became widely available.

That's because the next generation of video release is already here, even if it remains in infancy: digital delivery of movies and TV shows directly from the Internet to a computer, TV or hand-held device."

--------------------------------------------------------------

"Truthfully, with all the other technologies that people have access to right now [including streaming content from the Web], no one should be cocky that they won anything today."

That sentiment was shared by David Friedman, the president of the central region for online marketer Avenue A/Razorfish.

"The 'war' isn't over," he said.

"It has ended on one front but will continue on other fronts. Phone, cable, and satellite companies are rolling out new video on demand and IPTV offerings. The quality is already good and will soon be as good as Blu-ray. So, the real question is -- how much longer will consumers be watching DVDs?" he asked."


http://www.chicagotribune.com/business/chi-wed_dvdformatfeb20,0,6664178.story?page=1


deeba:cool:

[destiny1]

If the shares Cooper disposed of were purchased in the open market or he has held for years, then he has sold his shares at a loss.

The value of the options that he is holding I believe are also less than the current share price so it would not make sense to dispose of his options at this time.

I wonder what "near-term" means to Cooper?

Remember, since Tom Cooper is no longer a director, he is making financial decisions without the aid of inside information. His financial manager would not be privy to any recent developments since Will Swope came onboard.

D1;)

[jjz34]

Cooper, at least officially, has only been gone for less than 2 months, so if he was involved, and worth a plug nickel as a board member, there's no way anyone is going to convince me that Cooper is suddenly flying blind about what's going on with Rim. His financial planner is irrelevant. So, here is what I think...

I've been to at least 2 shareholder meetings and I never met Cooper. Each time there was some excuse. I remember several years ago a big deal was made about Cooper buying $10K worth of stock on the open market. What he did was simply sell and got about $6000 back from his out of pocket money. The rest of his shares/options were free. Cooper is not "out of the loop" because he OFFICIALLY left the board 45-60 days ago. That is patently ridiculous. They didn't just hit the guy with a memory taser. He is out of the loop because he has been out of the loop for a long time because he's been doing jacksquat for us, probably for years. This smells like they finally found Swope to replace Cooper who was not doing a damn thing besides being "on the board" and having his face and a few sound bites on the website.

In any event, good riddance. He did nothing as CEO, nothing as a board member (even if he did make a rare appearance at a shareholder meeting), then he resigned and now, the ultimate slap in the face, he sells $6000 (chump change) of stock and thinks we are all stupid enough to buy the "financial Planner" story. In my opinion Brad passed it on because it was better than admitting that Cooper was a waste of space for a long time.

The possible good news in all this (if there is any) is that if my suspicions are correct, then Cooper's sale for his measily $6k is not necessarily based on Cooper knowing anything about Rim one way or the other. Anyway, thanks Coop! Hope that $6k goes a long way.

[HopefulOne]

jj,

I think everything you said makes a lot of sense. But, I think Brad had NO CHOICE but to pass that message along since it would come out shortly on the filing anyway, and everyone would have jumped all over it if it looked like it was being "quietly" disclosed with the hope no one would notice (which, of course, was NOT going to happen).

I guess it will be interesting to see just how many shares are actually "in play" here when we see the filing. If, as you have said, it's only that which he bought for $10,000, then it would not be as hard to believe as if he sold that along with "other" restricted shares he may have owned.

If he was "encouraged" to leave, as some have "speculated" from the series of events these past several months, then MAYBE he just said, "Good riddance," and moved on.

All of that is STILL not an explanation for why ANYONE would sell ANY asset they thought would be worth a LOT more money in the near future. I can't wait to hear the REAL story, if we ever will, that is...

H.1.

[jjz34]

As I mentioned before, this too will amount to nothing if Rim can show us some sizeable orders. So if Rim gets big orders, I won't even care about the real story...which we will never get anyway. I do think that the theory of Cooper being politely shown the door (the company will never admit to that) fits very well with the "personal reasons" explanation for his leaving. As I said before, why would somebody just leave right when things are supposed to get interesting? Answer: you don't unless you are asked to move on.

[HopefulOne]

"As I mentioned before, this too will amount to nothing if Rim can show us some sizeable orders. So if Rim gets big orders, I won't even care about the real story...which we will never get anyway."

Absolutely, I couldn't agree more !!!

It's showtime...

[jjz34]

One final note on the subject, in case anyone thinks I am being unduly harsh on Mr. Cooper because he sold shares. His letter makes reference that he's never sold before, as if he's gone above and beyond the call of duty. Well you know what? I have never sold either and I put over 10 times the money Mr. Cooper put in and for a longer period of time. I am sure many others can say the same. That's why I am a bit irked.

[McCloud]

Momentum seamed to be building with the field trials and scheduled IPSL meetings. I bought more based on those occurances and building momentum. Now for a significant time no news on the results from field trials and a month to reschedule the meeting. I'm getting concerned and disappointed.
Ernie

[destiny1]

:)As you can see most of the site is back up.
We have lost a few posts from the past week.

I thank-you guys for being patient. In orderto make the site more independent and enable us to handle the increasing growth, this switch over was necessary.

Check your settings. Let me know if your permissions are the same as before. We're still working on getting the exclusive section back up.

D1

[Stoppmann]

What is the significance in posting the link to the IPTV World Forum on 3/1/08. Is RSMI attending or a speaker?

[destiny1]

What is the significance in posting the link to the IPTV World Forum on 3/1/08. Is RSMI attending or a speaker?.
The is a trade event Rim Semi is very likely to attend. Looking at the sponsor list, many of their potential partners will be there.
D1;)

[destiny1]

IPTV also gives telcos access to entertainment dollar 04/03/2008 08:00:00 - by Andrew Beutmueller


http://web20.telecomtv.com/images/thumbs/news/936194911_BIG.jpgInternet TV is the industry's current favourite revolutionary content distribution channel of the future, bringing together high-tech and Hollywood, despite the technology being a wunderkind in smelly nappies. Lest ye forget the importance of IP television for customers that demand TV on TV rather than on a mobile or desktop PC for powerful; telcos that want a piece of the IP entertainment action need not live by YouTube alone.

Regardless of the excited rhetoric about the coming of the Internet TV age, real strides are being made in the US in the IPTV realm where millions of people according to the research firm Yankee Group will be signing up for IPTV service through their local telcos by 2010. Ok so YouTube by comparison has many more millions of viewers, but none who faithfully pay a US$ 25.00 to US$ 50.00 monthly subscription - money in the bank for telcos as it were.

IPTV offers telcos “an open, flexible, customisable offering, tailored to the needs of local communities” that fosters a “global connectivity revolution on business and market dynamics says Vince Vittore, Yankee Group program manager. “IPTV will forever alter the video ecosystem by creating not only a new breed of service, but also a new breed of service provider," according to recent research on the role of IPTV in the Internet TV age by The Yankee Group.

“The phone company of the past—the 800-pound gorilla—is dead. IPTV will transform telcos from the market-dominating gorillas they once were, to street fighting guerrillas,” adds Vittore.

Sounds a lot like what Silicon Valley has been promising Hollywood and telcos alike over the past ten years.

IPTV will accomplish this transformation by enabling a decentralisation of large telcos’ offerings helping them be more flexible and lending them the ability to react more quickly to the demands of local and regional customers, rather than trying to squeeze everyone into a one size fits all national template organised by HQ's marketing ideas.

In doing so, IPTV offers telcos the ability to enjoy the agility and interactivity of the Internet TV model, yet leverage its obvious core strengths including real feature-length or long form content on actual TV sets in high definition quality that is still a few years out for Internet TV.

YouTube also still largely relies on “short form” entertainment designed for the Ritalin-addled Millennials and Generation-Y-ers.

As a result, we are witnessing massive transformations taking place in media and entertainment and communications industries according to the Yankee Group report. With the digitisation of content and the Internet as a platform, both industries are morphing from structured, linear ecosystems to open and fluid sectors influenced by greater consumer control. As it stands today, most consumers will go for IPTV thanks to its superior quality both in terms of available content and picture quality.

"IPTV changes the rules of the game for the consumer communications services in the US," added Anton Denissov, Yankee Group analyst. "To become guerrillas, telcos must shift executive authority to local management. Those that do not have the flexibility will lose out to the competition.”

http://web20.telecomtv.com/pages/?newsid=42772&id=e9381817-0593-417a-8639-c4c53e2a2a10

[Stoppmann]

Pretty sad - $0.016/share. Brad in his interview reports that everyone is pleased with the technology. The company month or so ago reports a "best in class" chip and no information since then. No information on how the field trials have gone. No orders or even an estimate as to when a chip will be produced. No information as to when the next IPSL meeting will occur to approve this draft standard. Like I said, pretty sad.:(

[destiny1]

Without news, I can understand the sentiment. Word is, Intel's William Swope has provided a real shot in the arm with RSMI in ongoing contract negotiations and industry connections. I still believe we’ll hear of new financing or orders soon. I'm still expecting to hear something this month. It’s coming!
D1;)

[Stoppmann]

Without news, I can understand the sentiment. Word is, Intel's William Swope has provided a real shot in the arm with RSMI in ongoing contract negotiations and industry connections. I still believe we’ll hear of new financing or orders soon. I'm still expecting to hear something this month. It’s coming!
D1;)

I certainly hope so but what makes you think that. We have all been waiting for a very long time. By the way, I did as H1 requested and sent my message board post (an MIA casualty during site maintenance) entitled "What's holding up the Party" as an email to RMSI. I haven't received any response back.

[Stoppmann]

Without news, I can understand the sentiment. Word is, Intel's William Swope has provided a real shot in the arm with RSMI in ongoing contract negotiations and industry connections. I still believe we’ll hear of new financing or orders soon. I'm still expecting to hear something this month. It’s coming!
D1;)

So what do you think it will be this month - orders, financing, or both?

[destiny1]

Hmm, let me consult my crystal ball…

Financing is more time sensitive. Investors can start converting shares in May. Remember from the December 2007 filing, the investors can begin converting warrants into shares 6 months after the registration date. I’m sure Rim Semi would like to prevent as much dilution as possible.

Orders could be announced at any time now. Whether its next week or next month, IMO the train has already left the station and chugging down the track. So it’s no longer a matter of if, but exactly on what date the train arrives.

D1;)

[destiny1]

From Point Topic: This carrier has over 3 times the number of wirelines as Embarq and a little less than half those of At&T. A major potential player indeed. I added the bolded text.

D1;)

Italy Broadband Overview

4 October 2007
With no major cable operators or cable infrastructure, the Italian broadband market is dominated by DSL services. FTTx is also gaining ground, especially in densely populated areas where large numbers of apartment blocks are purpose built with direct fibre access.

The market is dominated by the incumbent Telecom Italia (TI), one of the largest players in the Italian fixed and mobile markets with 23.2 million fixed line subscribers and 33.6 million mobile subscribers at the end of Q107 (down 6.7 percent and up 13.1 percent from Q106 respectively). Besides Italy, TI has also entered the broadband markets of Germany, France and the Netherlands via a series of acquisitions including that of AOL Germany in September 2006. TI is involved in the Italian mobile market via its subsidiary TIM (Telecom Italia Mobile) and the company also owns the mobile operator TIM Brazil.

In October 2007, TI announced the launch of its first quadruple play bundle known as ‘Unica’ comprising fixed line and mobile telephony, unlimited Internet access and television services via broadband. However, TI got approval from the regulator to launch this new service after a lengthy consultation period, and is restricted to an experimental service comprising a maximum of 30,000 subscribers over a six month period.

Currently, the incumbent is facing a change of ownership, after the consortium led by Telefonica in April 2007 announced plans to buy a 23.6 percent stake in TI. This will make Telefonica the largest single shareholder in TI with an indirect stake of 10 percent. One of the benefits of the deal for TI is that it will strengthen its existing partnership with Telefonica in Germany, where TI’s HanseNet Telekommunikation GmbH uses Telefónica Deutschland GmbH 's DSL network to provide triple-play services.

TIM is the leading operator in Italy’s mobile market. TIM reported 34.312 million subscribers in Q207 including 5.147 million 3G subscribers. TIM's main rival is Vodafone Italia with 28.315 million subscribers including 5.3 million 3G customers as of Q207. Fixed-line operator Wind is also active in the mobile market – it had 15.2 million subscribers in the same period. However, the latter two operators are currently experiencing a reduction in market share following the launch of 3 Italia's 3G service.

The growth of mobile penetration rate in Italy is slowing down due to the market saturation. The mobile market grew only by about 2 percent and reached a total of about 73 million subscribers with penetration of over 134 percent at Q107.
http://point-topic.com/content/operatorSource/profiles2/italy-broadband-overview.htm

[Stoppmann]

Hmm, let me consult my crystal ball…

Financing is more time sensitive. Investors can start converting shares in May. Remember from the December 2007 filing, the investors can begin converting warrants into shares 6 months after the registration date. I’m sure Rim Semi would like to prevent as much dilution as possible.

Orders could be announced at any time now. Whether its next week or next month, IMO the train has already left the station and chugging down the track. So it’s no longer a matter of if, but exactly on what date the train arrives.

D1;)
I believe that was their original intent when they accepted the December 2007 finance package - that orders would be received by May 2007. But things have happened since then. The Milan meeting to approve the draft standard hasn't happened. Customers haven't given any orders yet, the company appears to still be in the development stage with their technology with the purhase of the alogorithm. So I don't believe that the time-frame your suggesting is relevant anymored to the December 2007 finance package.

The December 2007 finance was funded with unrestricted shares. Those shares won't be able to trade until they are approved by the SEC. The submittal of the registration statement to the SEC has been delayed by RSMI with the agreement of 75% of the December 2007 investors for an unknown length of time. If the shares can't be traded then there is no substantial dilution and the May time-frame for receiving orders is of little importance.

[destiny1]

The recent Broadband Distance Systems (BDS) acquisition has little to do with completion of the current version of IPSL 1.0. Remember the 1.0 spec draft has already been made available to the IPSL-SIG members. Ongoing contract negotiations are based on current specs. Rim Semi’s IPSL 1.0 is no longer in the developmental stage. The tape out process implies the tech is ready for conversion to ASIC and deployment.

BDS was acquired to enhance future tech versions and provide more accurate monitoring of patent infringements.

You are correct; the restricted shares cannot be traded until registered. The lock on restricted shares however has recently been reduced to 6 months. I believe Rim Semi will be required to register those shares in May. Therefore, they must either pay off the old loan with new funding or roll past debts into the new funding package less they risk further dilution. If contracts are near, Rim Semi will have potential accounts receivable available when negotiating new funding. Terms for getting this round of funding should be more favorable.

D1;)

[destiny1]

This from the private message board...

George, the more I think about it a good finance package that would cover the existing debentures would be as effective as a small order. It would negate the latest deal, which is good and show confidence in the company. If they have what they say, I do not understand why, at this point someone does not step up?

I agree. I know Ray is in NYC right now working on the latest financing deal. Favorable financing would demonstrate the financial world now sees Rim Semi as a legitimate potential revenue producer. That shouts out loud that Rim Semi has the tech, has customers, and revenue is coming soon.

D1;)

[Stoppmann]

The recent Broadband Distance Systems (BDS) acquisition has little to do with completion of the current version of IPSL 1.0. Remember the 1.0 spec draft has already been made available to the IPSL-SIG members. Ongoing contract negotiations are based on current specs. Rim Semi’s IPSL 1.0 is no longer in the developmental stage. The tape out process implies the tech is ready for conversion to ASIC and deployment.

BDS was acquired to enhance future tech versions and provide more accurate monitoring of patent infringements.

You are correct; the restricted shares cannot be traded until registered. The lock on restricted shares however has recently been reduced to 6 months. I believe Rim Semi will be required to register those shares in May. Therefore, they must either pay off the old loan with new funding or roll past debts into the new funding package less they risk further dilution. If contracts are near, Rim Semi will have potential accounts receivable available when negotiating new funding. Terms for getting this round of funding should be more favorable.

D1;)

I hope your right that RSMI is not in a devlepoment stage. I know that the company has reported that their draft is completed but it is still a draft. And is far as we know, they haven't met to aprove it.

There have definately been stange unexplained events that have occured in the past 3 to 4 months.

Company announces the Milan Meeting in October 2007. The meeting is suppose to occur in December 2007. At the last minute, the meeting is canceled

In December, the company accepts a lousy finance package again. The company raised $3,175,000 with an option to aquire an additional $2,825,000 within 20 days. They didn't excersize the option and didn't take the additional money.

In January 2008, they fail to register the shares with the SEC. The December 2007 investors agree with this. RSMI purchases the company from UTEK and gets $400,000.

RSMI has missed registration deadlines in the past and paid penalities. However, if RSMI is required to register the shares in May as you say, then they need to either somehow payoff the debt with new funding or submit the registration statement soon with the hope that the SEC will approve the registration by May, otherwise I'm sure there will be penalties.

[destiny1]

A few day ago I posted this regarding Rim Semi's likely attendance at the IPTV World Forum in China.
http://www.china-tripleplay-iptv.com/wa_e.htm

I emailed this link to Brad: Here is his response.

Yes, we are attending the World Forum and engaging with customers there.

Brad Ketch
President and CEO
Rim Semiconductor Company

(503) 257-6700
www.rimsemi.com (http://www.rimsemi.com/)
OTCBB: RSMI

[doughjo]

President's Letter


Tuesday, March 11, 2008

Fellow Shareholder,

I would like to take a moment of your time to tell you about several of the exciting advances here at Rim Semiconductor Company. There are a number of important developments happening at the same time, and investors want to stay on top of all of them. Last week we had scores of calls and emails from existing and new investors asking for more information, and we of course are glad to answer all of the inquiries that we can.

One of the most commonly asked questions regards fiber optics. Shareholders want to know if the demand for copper-based broadband chips will decline if fiber-to-the-home becomes the dominant architecture in the outside plant. The media – and especially the American media – simply have the story wrong. Although in the US Verizon is committed to a fiber-to-the-home network, they are alone. Every other telco in the US and the world is either deploying a hybrid fiber/copper network, or is remaining with solely copper. Our Cupria™ technology can be used in both architectures. We receive solicited and unsolicited inquiries from telephone companies worldwide on a weekly basis. We are engaged in technical demonstrations and discussions with several of them. Deployment by any one of the larger telcos could, by themselves, satisfy our revenue expectations for the foreseeable future.

We have also had inquiry about the Internet Protocol Subscriber Line™ Special Interest Group (IPSL SIG™). The IPSL SIG exists to speed the adoption of IPSL technology through a standardization process. The draft Release 1.0 of the standard is written. Keep in mind that we can gain revenues from Cupria without standardization. Where we believe the SIG commitment will help us is much further down the road when the largest telcos of the world want to begin buying Cupria. Until then, we believe that a lack of standardization will not present an obstacle to building a profitable company at Rim Semi.

And the opportunities are definitely present. This week our head of sales, marketing and business development, David Wojcik, received a forecast from a customer for purchases of Cupria that, if fulfilled, will drive very satisfactory revenues and profits for Rim Semi. Please keep in mind that there are potential obstacles and issues to be addressed on both their side and on ours in order for this business relationship to result in profits to Rim Semi. A good summary of the risks can be found in our recent annual report, which is available on the SEC website. We are confident and optimistic that we will be able to help this customer – and others - launch best-of-class equipment into their markets during 2008.

In closing, I want to share with you my excitement about the development of Rim Semiconductor Company. We are receiving intense interest from potential customers, we have achieved world-record performance on our chip, and the market that we are targeting continues to grow.

Sincerely,

Brad Ketch
President and CEO
Rim Semiconductor Company

[destiny1]

"This week our head of sales, marketing and business development, David Wojcik, received a forecast from a customer for purchases of Cupria that, if fulfilled, will drive very satisfactory revenues and profits for Rim Semi."

In other words... this is how much CupriaTM we plan to buy.

Good news indeed
D1;)

[destiny1]

There are several world caliber trade shows in March 2008. The IPTV World Forum in Olympia, London is going on as we speak. (Read (http://www.iptv-forum.com/))


The Chinese Broadband Triple Play conference is posted on the home page and begins March 26, 2008 in Beijing. (Read (http://www.china-tripleplay-iptv.com/wa_e.htm))

I asked Brad if Rim Semi is participating in any of these conferences. Here is his response.

Hi George,

Our reps in Asia and Europe regularly attended virtually all of the telecom shows. Our domestic employees also attend some shows in the US and occasionally abroad. I don’t think that it’s a good idea to get into specifics about each show. People can assume that in general, we are there in one form or another.

Hope that all is well with you,

Brad

[Stoppmann]

RSMI should be submitting their quarterly report sometime tomorrow

[Stoppmann]

RSMI should be submitting their quarterly report sometime tomorrow

Based on the company's website, a quarterly report was supposed to be filed with the SEC yesterday. It hasn't been filed yet. What happened?

[Stoppmann]

Based on the company's website, a quarterly report was supposed to be filed with the SEC yesterday. It hasn't been filed yet. What happened?

There is a notice of late filing with the SEC.

http://www.sec.gov/Archives/edgar/data/1026595/000101968708001149/rim_ext-013108.htm

[HopefulOne]

Anyone care to speculate as to what the "multiple recent material developments" that caused the deferment request on the latest filing might be?

I know what we all would "like" it to be, but...

[destiny1]

Anyone care to speculate as to what the "multiple recent material developments" that caused the deferment request on the latest filing might be?

I know what we all would "like" it to be, but...


I guess we'll know by Monday.

D1;)

[destiny1]

Anyone care to speculate as to what the "multiple recent material developments" that caused the deferment request on the latest filing might be?

I know what we all would "like" it to be, but...


Review of the annual report: As of 1/31/08, Rim Semi has obtained a registration waiver from 9 of 12 2007 of the 2007 debenture holders.


That means at least 75.59% of the warrants that could potentially be converted to stock and sold in May 2008 will not be available. That's good news!


It appears from their willingness to delay registration, at least 75% of the debenture holders are confident in the company’s future prospects. This is important considering a flood of new shares hitting the market would diffuse any rally prompted by order announcements. Hopefully the remaining debenture holders will also agree to waive their registration rights.

2007 Debentures (Continued)

As of January 29, 2008 the Company has not filed a registration statement and is not in compliance with the terms of the registration rights granted to holders of the 2007 Debentures. However, the Company has obtained waivers from 9 of the 12 holders of the 2007 Debentures (representing 75.59% of the outstanding 2007 Debenture principal) waiving such registration rights. (read (http://www.sec.gov/Archives/edgar/data/1026595/000101968708000552/rim_10ksba1-103107.htm))

D1;)

[HopefulOne]

Then lets hope they have some kind of a new "non-dilutive" financing deal to announce that would buy-out the old agreements.

That CERTAINLY would be good news IF we see something along those lines...

H.1.

[Stoppmann]

The 10Q is out.

http://biz.yahoo.com/e/080324/rsmi.ob10qsb.html

[Stoppmann]

The 10Q is out.

http://biz.yahoo.com/e/080324/rsmi.ob10qsb.html

How do you like these apples.

They purchased another company (MCCI) in exchange for 150,000,000 shares.

[McCloud]

How do you like these apples.

They purchased another company (MCCI) in exchange for 150,000,000 shares.

http://www.marketingconcepts.com/ ?

[destiny1]

Basically, this technology offers a unique method of reducing the bit error rate (BER) when sending signals over long distances. Typically, signal quality reduces with distance. The bottom line: QOS or picture quality is maintained.

Note: this algorithm can be sub-licensed to Rim Semi customers. That means that if the deployment of this tech results in superior picture quality, it becomes another source of licensing revenue for Rim Semi.

These latest acquisitions demonstrate Rim Semi's goal to control video quality over DSL lines worldwide.

Sent by a member on the private message board.

The UniQuest website has a link to information on their University's incubated technologies for commercialization. One of which is MCCI. Follow this link and search on the page for


"Low Complexity Method for Modulation"

http://www.uniquest.com.au/index.php...yID=-1&search= (http://www.uniquest.com.au/index.php?portfolioID=1&sectionID=8&categoryID=-1&search=)


Also...you'll note the link to "more", which provides a PDF of the technical description of the technology. It sounds like a great match for Rim Semi.

http://www.uniquest.com.au/uploads/L...ystem%20V1.pdf (http://www.uniquest.com.au/uploads/Low%20Complexity%20Method%20System%20V1.pdf)

[destiny1]

This is an older article that reiterates my premise that Qwest plans to use Rim Semi’s IPSL chipsets to power its high speed video offering.

Ed Mueller, Qwest new CEO, has stated on several occasions that his focus is to provide customers with video quality FTTN service. They plan to spend 100 million in 2008 and 200 million in 2009 to overhaul their FTTN infrastructure. Fiber optics deployment is a definite no!
Qwest doesn’t have plans to deploy IPTV. Mr. Mueller states the costs are too high.

They will use data drivers, (chipsets) to enable 20+Mbps of symmetrical (italics added) video quality service to each home. This will enable online gamers and video file sharing among Qwest customers.

ADSL can provide the quality, but not the speed. VDSL 2 is designed to be a high speed download platform. VDSL 2 can provide the down load speed, but lacks the distance and quality to be widely deployable at the minimal costs (capex) Qwest requires.

Pair-bonding simply has never been demonstrated to provide the quality required for cable competitive video.


IMO, Mr. Mueller can only be referring to IPSL chipsets. Here is an excerpt from a December 2007 article:


“A couple of days after the third-quarter earnings call, Mueller told xchange that the FTTN buildout is about speed, starting with the Internet. “I think speed in any network today is essential for the future.” But is that a roundabout way of referring to IPTV? “No,” he says firmly. “The kind of speed we’re building out there will allow transmission of video.”
If that means Mueller’s FTTN plan is focused specifically on being a conduit for Internet-based video, as opposed to creating a platform for a multifaceted, facilities-based video strategy revolving primarily around the TV, then this would be a departure for an incumbent telco.
“I see a convergence … of you and your home, wanting multiple ways to get to video,” says Mueller. “That doesn’t mean IPTV. I mean, you may want to go get something off the Internet that’s live, streaming video — YouTube’s just a forerunner.”(read) (http://www.xchangemag.com/articles/qwests_mystery_man.html)

In this early stage of the internet video age, limiting the infrastructure overhaul to high speed video access may actually prove to be the most cost-effective strategy. Qwest will spend a few hundred million to provide access. The larger telcos will spend billions to provide both access and content. Content can always be added once that business model is proven. Today, however there is no question of the ever-growing demand for speed.


D1 ;)

[Stoppmann]

Press Release Source: UTEK Corporation

Rim Semiconductor Company Acquires Multi-Carrier Communications, Inc. from UTEK Corporation
Wednesday March 26, 3:00 am ET

TAMPA, Fla. & PORTLAND, Ore. & ST. LUCIA, Australia--(BUSINESS WIRE)--UTEK Corporation (AMEX:UTK - News) (LSE-AIM:UTK), an Open Innovation services company, and Rim Semiconductor Company (OTCBB:RSMI - News), a company that develops technology for telecommunications service providers, are pleased to announce that Rim Semiconductor has acquired Multi-Carrier Communications, Inc., a wholly owned subsidiary of UTEK, in a stock transaction.

The acquisition includes an exclusive worldwide license and research program for a unique signal processing technology for copper line based applications. The technology was jointly developed at The University of Queensland and The University of Sydney.

This technology transfer which is believed to be the first of its kind involving Australian electrical engineering academics and a US-based telecommunications developer. It was negotiated by UniQuest, Australia’s largest international commercializer of university research and expertise, and UTEK Corporation.

"UTEK is pleased to consummate this technology transfer with Rim Semiconductor," said Joel Edelson, Vice President of Technology Licensing at UTEK Corporation.

Rim Semiconductor’s Chief Executive Officer, Brad Ketch, said: “This acquisition gives us access to an advanced technology that should enhance our existing development program. We believe the unique capabilities of the acquired signal processing algorithm, combined with our current technology, will mean telephone companies around the world may soon be able to offer many more of their customers enhanced video and data services,” Mr Ketch added.

The technology is a method and signal processing configuration for reducing high bit error rates (BER) by limiting the effective Peak-to-Average-Ratio to about 10% of that which is currently typical. A high BER is undesirable as it limits the bandwidth of the transmission system because data must be retransmitted to compensate for the loss. It achieves this by using a unique form of signal processing. This “low complexity method” as its name implies, is inherently less complex than current methods and can therefore also be performed with limited processing power.

UniQuest’s Managing Director, David Henderson said: “The licensing deal was significant for the Australian team on several levels. As well as having provided an additional revenue stream to boost their work in this area, this licensing agreement has presented the researchers and the universities of Queensland and Sydney with an outstanding opportunity to take their innovations to a global market which may have a positive impact on meeting the communication needs of millions of people worldwide. We are proud to be part of the team that has made this happen.”

Rim Semiconductor’s technical team will seek to develop the technology further for the benefit of end users who rely on the performance of copper-based infrastructure to achieve their communication and business goals.

About Rim Semiconductor Company

Rim Semiconductor Company develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company’s products allow data to be transmitted at greater speed and across extended distances over existing copper wire - all with the highest quality of service - for a better end-user experience. For more information about Rim Semiconductor, please visit www.rimsemi.com.

About UniQuest Pty Limited

UniQuest is widely recognised as Australia’s largest and most successful university commercialization group. Established by The University of Queensland in 1984, UniQuest fosters links between the University – with its valuable emerging technologies, expertise and facilities – and the financial and entrepreneurial resources of industry, business and government. For more information about UniQuest, please visit its website at www.uniquest.com.au.

About UTEK Corporation

UTEK® is a leading Open Innovation services company. UTEK’s services enable clients to become stronger innovators, rapidly source externally developed technologies and create value from their intellectual property. UTEK is a business development company with operations in the United States, United Kingdom and Israel. For more information about UTEK, please visit its website at www.utekcorp.com.

Forward-Looking Statements

Certain matters discussed in this press release are "forward-looking statements.” These forward-looking statements can generally be identified as such because the context of the statement will include words, such as UTEK or Rim Semiconductor "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe UTEK's or Rim Semiconductor’s future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of UTEK or Rim Semiconductor, as appropriate, and the valuation of UTEK's investment portfolio, which could cause actual results to differ materially from those currently anticipated. Although UTEK and Rim Semiconductor believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, it cannot give any assurance that its expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are discussed below. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and UTEK or Rim Semiconductor do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

UTEK's operating results could fluctuate significantly due to a number of factors. These factors include the small number of transactions that are completed each quarter, the value of individual transactions, the timing of the recognition and the magnitude of unrealized and realized gains and losses of companies in its portfolio, UTEK's dependence on the performance of companies in its portfolio, the possibility that advances in technology could render the technologies it has transferred obsolete, the loss of technology licenses by companies in its portfolio, the degree to which it encounters competition in its markets, the volatility of the stock market and the volatility of the valuations of the companies it has invested in as it relates to its realized and unrealized gains and losses, the concentration of investments in a small number of companies, as well as other general economic conditions. As a result of these and other factors, current results may not be indicative of UTEK's future performance. For more information on UTEK and for a more complete discussion of the risks pertaining to an investment in UTEK, please refer to UTEK's filings with the Securities and Exchange Commission.

Contact:
UTEK Corporation, Tampa
Tania Bernier, 813-754-4330 x 223 (USA)
or
Bankside Consultants (UK)
Steve Liebmann or Simon Bloomfield, + 44 (0) 20-7367-8883
or
Rim Semiconductor Company
Brad Ketch, 503-257-6700
or
UniQuest Pty Limited
David Israel, +61 733-65-4037

--------------------------------------------------------------------------------
Source: UTEK Corporation

http://biz.yahoo.com/bw/080326/20080326005347.html?.v=1

[destiny1]

Basically, this technology offers a unique method of reducing the bit error rate (BER) when sending signals over long distances across multiple carriers. Typically, signal quality reduces with distance. The bottom line: QOS or picture quality is maintained.

Note: this algorithm can be sub-licensed to Rim Semi customers. That means that if the deployment of this tech results in superior picture quality, it becomes another source of licensing revenue for Rim Semi.

These latest acquisitions demonstrate Rim Semi's goal to control video quality over DSL lines worldwide.

Sent by a member on the private message board.

The UniQuest website has a link to information on their University's incubated technologies for commercialization. One of which is MCCI. Follow this link and search on the page for


"Low Complexity Method for Modulation"

http://www.uniquest.com.au/index.php...yID=-1&search= (http://www.uniquest.com.au/index.php?portfolioID=1&sectionID=8&categoryID=-1&search=)


Also...you'll note the link to "more", which provides a PDF of the technical description of the technology. It sounds like a great match for Rim Semi.

http://www.uniquest.com.au/uploads/L...ystem%20V1.pdf (http://www.uniquest.com.au/uploads/Low%20Complexity%20Method%20System%20V1.pdf)


I've received a white paper from the Digital Foundation that demonstrates why this MCCI acquisition may be a key to future IPTV success.

25% of IPTV deployment challenges center around picture quality issues. It will be posted later tonight.

D1;)

[Stoppmann]

I've received a white paper from the Digital Foundation that demonstrates why this MCCI acquisition may be a key to future IPTV success.

25% of IPTV deployment challenges center around picture quality issues. It will be posted later tonight.

D1;)

I understand what you are saying. But I thought that the current version of Cupria already achieved the appropriate BER to give the best picture quality. How will the purchase of MCCI enhance Cupria?

[Stoppmann]

I understand what you are saying. But I thought that the current version of Cupria already achieved the appropriate BER to give the best picture quality. How will the purchase of MCCI enhance Cupria?

I copied this from Rim Semi's website regarding BER.

"BER measurements tell how many bit errors occurred for a given number of bits that passed through a network, subsystem, or component. One error in 1000 is referred to as BER 10-3. One error in a million is BER 10-6. For strictly voice circuit application to T1, a BER of 10-6 or 10-7 might be considered acceptable performance, although a BER of 10-8 or 10-9 might be required for some data purposes.

Rim Semi releases its performance data with a reference of 10-9, though we could have chosen a higher or a lower BER number. At a higher BER, our speeds would be lower, and at a lower BER, our speeds would be higher. A BER of 10-9 is an acceptable BER for our product in its intended use. As a side note, our competitors do not typically publicly specify which BER they use in making claims for speeds and distances. This makes comparison impossible for the average investor."

http://www.rimsemi.com/bd7.html

[destiny1]

Here is the Digital Foundation document that demonstrates how crucial maximizing video quality is to deployment over IPTV networks.

Its a bit techy but it does emphasize the point that current IPTV offerings have a ways to go before they can successfully compete with cable. (read (http://www.ticktockstock.com/pdf/IPTV%20article.pdf))

By reducing packet loss even more, the MCCI acquisition will enable future versions of CupriaTM chipsets to provide HD quality video over even longer distances. (read) (http://www.rimsemi.com/press/pr_3_26_08.html)

D1;)

[destiny1]

Wednesday, March 26, 2008

Dear Fellow Shareholders,

Rim Semi is pleased to welcome Multi-Carrier Communications, Inc. to the team. I believe that as a result of this acquisition Rim Semi’s future products will deliver even more value to our customers. This transaction touches on many different areas of our business – financial, legal, and technical – and you have asked many questions that I would like to answer. For you to fully understand, though, you will need to first read the press release (http://www.rimsemi.com/press/pr_3_26_08.html) and our disclosure (http://www.sec.gov/Archives/edgar/data/1026595/000101968708001286/rim_10qsb-013108.htm) with the SEC. In addition to these materials, the information below may be of interest to you.
The Acquisition
We bought Multi-Carrier Communications, Inc. (MCCI) because they had two things that we wanted to have: intellectual property and $300,000 in cash. Other than these two assets, MCCI does not have any other assets, liabilities, or operations.

We can use the intellectual property (IP) to make future versions of Cupria™. The part of Cupria™ that manages how data is transmitted across copper wire can potentially stand to benefit greatly from the innovations that The University of Queensland and The University of Sydney created. This IP consists of a patent that was applied for in March 2005, but has not yet been granted. It also consists of white papers, a Ph.D. thesis, prototype hardware and executable software code. Rim Semi is now the only company in the world in our field that will get to use this patent, prototype, code and papers.

In addition to the two assets that we acquired, we have funded some additional research at the University of Queensland. The purpose of the research is to integrate the University’s powerful innovations with Rim Semi’s existing product so that together, data can be transmitted even faster across long distances of copper wire.
Impact on Our Product Plans
The IP that we just acquired is not going to impact the existing generation of Cupria™. It will, however, play a role in our next generation. Just exactly how much benefit it will bring has yet to be determined. But, like the acquisition of IP from BDSI in January, it could greatly improve transmit-side performance.

It is critical that technology companies like Rim Semi always keep setting the stage for future product development. Although we are very pleased that our first generation of IPSL technology outperforms the competition, we also know that IPSL is just in its infancy. Long time shareholders of Rim Semi see that the time from product conception to product availability can be years. If there is to be IPSL 2.0, 3.0 and beyond, then the time to start development is right now. As our technical team launches a product that is based on the completed IPSL 1.0 in 2008, they are looking forward to tearing into the research and development work for IPSL 2.0 that could be available as soon as late 2009.
What Does It Do?
The technology is a method and signal processing configuration for reducing high bit error rates (BER) in data transmission. Normally, web surfing or phone calls which are Ethernet based easily re-transmit and re-assemble to make up for noise-induced packet loss. A BER can be pretty high, like 10-6 or 10-7. But streaming video cannot tolerate such a high BER, because it will result in picture break-up and/or MPEG artifacts. A BER of 10-7 will deliver an annoying picture artifact every 6 seconds for a standard definition video stream! Delivering a cable-competitive grade of digital video service will mandate that the access loop be engineered to deliver a Bit Error Rate of at least 10-9. But existing broadband chipsets do not handle a BER that is this high very well. There are a few reasons why, and one of the main culprits is the extreme peak-to-average ratio (PAR) problems that are inherent in data transmission at this power, frequency and distance.

The MCCI IP limits the effective PAR to about 10% of that which is currently typical. It achieves this by using a unique form of signal processing. This method is inherently less complex than current methods and can therefore also be performed with limited processing power.

The IP was jointly developed by The University of Queensland and The University of Sydney. The technical teams there share with Rim Semi’s technical teams some fundamental beliefs about just what is possible in data transmission across copper wires. Prior approaches, like those that are embodied in discrete multi-tone (DMT) transmission methods, have become mature to the point that there is not a lot of innovation room left. New approaches that are based on new math and new capabilities in silicon, are required if the worldwide data industry is going to meet the challenges of video across the network. The team at Queensland, funded in part by Rim Semi, will continue to press forward with these new approaches. Rim Semi will own, and bring to market, the resulting breakthroughs.
Accounting Treatment
We have accounted for the acquisition in a similar way to the previous acquisition. We paid $2,400,000 by issuing 150 million shares of restricted common stock, valued at an average of the closing price of the last ten trading days, or $0.016 per share. We have prepaid $50,000 worth of R&D, and have received $300,000 in cash and technology valued at $2,050,000. We are immediately writing the technology off, and are charging it to “Acquired in-process research and development”.

Why would we write off an asset that we just acquired? The answer is not, “because it is has no value”! The answer is that we cannot conclusively determine exactly what the value is, so the conservative thing to do is to value it at nothing. Shareholders who are not familiar with accounting rules might wonder why this makes sense. One of the ways to determine the value of an intangible asset is to have it independently appraised. We could do that, but it would cost tens of thousands of dollars initially, plus thousands annually thereafter to maintain the appraisal. I do not think that this is a prudent use of cash. Another way is to look at how much money we project that we will make from it. We could do that, but we simply do not yet know. As we are not yet able to forecast just how much money we will make on this technology, or when, then we are unable to calculate its value. I and the rest of the Board of Directors believe that this new technology, plus all of our existing technology, is worth quite a lot. But we always seek to manage our finances in a conservative manner, and valuing our technology this way is the conservative thing to do.
About UTEK
In a previous letter (http://www.rimsemi.com/letters/013008.html) to you I told you a little about UTEK and great work that they do. They brought the MCCI acquisition opportunity to us in Summer 2007, and it now has finally closed. As a large shareholder of Rim Semi, they have a built-in incentive to leverage their huge business network in order to make their shares – and yours – more valuable.

Some shareholders have expressed concern about the possibility that any shareholder that has as many shares as UTEK has could harm our stock price if they chose to. While it is true that UTEK now controls 210 million shares, all of the shares must be held by them for six months from the dates of issue in January and March. Fortunately, the US stock market is a transparent one, and any interested shareholder can monitor closely UTEK’s future purchases and sales of RSMI. They are required to file a Form 4 on their holdings, and they have met this requirement. They are also required to report on their holdings in their own filings with the SEC.

I believe that UTEK has a very long-term view, and that they want to see RSMI rise. If you look at their filings with the SEC, you will see that they tend to hold stock for a long time. You might also be interested to know that UTEK’s staff has, on their own, introduced Rim Semi and the Cupria™ product to several potential customers, business partners, or investment sources that could benefit us. I believe that at least one of these initiatives could result in a new customer for our product.
More Technology Acquisitions?
At this time, UTEK has not identified any other technologies that I think will be beneficial to Rim Semi. I do not anticipate that we will acquire any more technologies in the foreseeable future. It is always possible that at a later date, and if Rim Semi has more cash to work with, we could simply acquire technology directly from a university without issuing restricted stock.

I know that this is a long and technical letter, but a transaction like this one is technical. There is no doubt in my mind that this transaction helps us, both right now and in the future. Speaking on behalf of our technical team, we believe that our huge investment in technical excellence - both in the past and now - is going to pay off for all of us.

Sincerely,
Brad Ketch
President and CEO
Rim Semiconductor Company

[destiny1]

This audiocast should probably be placed in the industry news section but points raised are germane to Rim Semiconductor.
Some have talked about the necessity for Rim Semi developing an ad campaign in order to increase new investor awareness.

James Player, an Engineering Manager for SureWest, talks about the importance of getting it right with the first IPTV deployment as being more important than any marketing campaign. (listen (http://www.telecommagazine.com/2007/Video/surewest_audiocast_01.html))

D1;)

[McCloud]

I hate to see the dilution caused by buying technology at these low stock prices. However, I am sure Brad et al do also. We need to be vigilant to develop future product, I just wish this one were sold to somebody so that we had revenue and a higher stock price before diluting the stock to this degree.
Ernie

[destiny1]

I hate to see the dilution caused by buying technology at these low stock prices. However, I am sure Brad et al do also. We need to be vigilant to develop future product, I just wish this one were sold to somebody so that we had revenue and a higher stock price before diluting the stock to this degree.
Ernie


I agree Ernie, continued innovation is key. On the other hand, all stock transactions have to be imply these companies see a bright future in Rim Semi.

[destiny1]

Friday, April 04, 2008

Dear Fellow Shareholders,

Cupria™ is being very well received! There are many customer engagements that I could tell you about, but I will mention one from this week. We traveled to the headquarters of a telephone company that is also in the capital of the country that the telco serves. The meeting was attended by very senior-level executives from several departments, which is always a good sign of real interest. We believe that they will be upgrading two to three million subscribers every year to IPTV, which represents a potential revenue opportunity to Rim Semi of tens of millions of dollars every year. We showed them Cupria™ and compared its performance to their existing DSL technology. Cupria™ performed flawlessly, and delivered data at 42 mbps across 5,500 feet. The telco executives confirmed that the best that they can achieve with ADSL2+ is 15 mbps across 5,500 feet. They cannot even get VDSL2 to work – at all – at 5,500 feet! So we demonstrated to their satisfaction that we are about three times better than the best that they currently have. The meeting concluded with a request to go immediately to field trial and to talk about volume purchases.

A reception like the one that we received this week demonstrates that we have delivered to the world’s telcos a solution that solves a critical problem. And it is a solution that they are willing to pay for. Our team here is completely focused on delighting this customer and many others by shipping product this year that dramatically exceeds the competition.

Sincerely,
Brad Ketch
President and CEO
Rim Semiconductor Company

[destiny1]

While talking with several investors, I’ve come to the conclusion some haven’t quite realized just how far along Rim Semi is in delivering CupriaTM. Non-disclosure no doubt has prevented Brad from sharing details.
So, just for fun I’m taking the 3/11/08 President’s Letter and inserting my personal commentary. My commentary is in blue italics. Enjoy!
President's Letter
Tuesday, March 11, 2008


Fellow Shareholder,

I would like to take a moment of your time to tell you about several of the exciting advances here at Rim Semiconductor Company. There are a number of important developments happening at the same time, and investors want to stay on top of all of them.

WhatI really want to say is, we are working with Alcatel, TSMC, Zyxel, Huawei and ZTE on the equipment side. Quest, Embarq, China Telecom, China Netcom, British Telecom and Telefonica are a few of their customers. Huawei wanted to know if we could send our CTO over for a product demonstration ASAP.


Last week we had scores of calls and emails from existing and new investors asking for more information, and we of course are glad to answer all of the inquiries that we can. One of the most commonly asked questions regards fiber optics. Shareholders want to know if the demand for copper-based broadband chips will decline if fiber-to-the-home becomes the dominant architecture in the outside plant. The media – and especially the American media – simply have the story wrong.

This media-hype surrounding fiber is so lame I can’t believe it. Fiber was supposed to take over the world 15 years ago and they still don’t have any greater market share today than they did in 1998. Because fiber deployment is so expensive and curtailed by regulatory bodies, now the fiber people want the government to step in and subsidize its deployment! That’s what we need, another governmentally regulated industry. I thought the goal was to get the government out of telecom? And besides, why would the government get involved in helping to deploy fiber when we have a technology that will make fiber to the home unnecessary for the foreseeable future?


Although in the US Verizon is committed to a fiber-to-the-home network, they are alone. Every other telco in the US and the world is either deploying a hybrid fiber/copper network, or is remaining with solely copper. Our Cupria™ technology can be used in both architectures.

CupriaTM blows the pants off fiber. Right now, even Verizon is only offering 15 mbps over its fiber network. When will these investors get it. It’s not just the carrying capacity of the pipes that determines data rates? Fiber will always be the medium of choice for the large backbone portion of the internet. From a business case, fiber is not practical for the last mile.

We receive solicited and unsolicited inquiries from telephone companies worldwide on a weekly basis. We are engaged in technical demonstrations and discussions with several of them.


If fiber is so hot, why is every telco we talk to interested in seeing our tech?And they all tell me the same thing. We have no plans to deploy fiber! When we discuss our tech with telcos worldwide, we discuss the cost of overhauling their copper infrastructure to accommodate Cupria. Fiber is not even part of the discussion.


Deployment by any one of the larger telcos could, by themselves, satisfy our revenue expectations for the foreseeable future.

Read my lips: We have interest, trial agreements and in some cases purchase forecasts from telcos large and small all over the world, including several large U.S. carriers namely Qwest, Embarq and AT&T!

We have also had inquiry about the Internet Protocol Subscriber Line™ Special Interest Group (IPSL SIG™). The IPSL SIG exists to speed the adoption of IPSL technology through a standardization process. The draft Release 1.0 of the standard is written. Keep in mind that we can gain revenues from Cupria without standardization. Where we believe the SIG commitment will help us is much further down the road when the largest telcos of the world want to begin buying Cupria. Until then, we believe that a lack of standardization will not present an obstacle to building a profitable company at Rim Semi.


I must admit, when we initially started the SIG, we thought it would be necessary to gather a lot of support from the major carriers prior to widespread adoption. Indeed, this is a true. What we didn’t anticipate is that the overwhelming demand for a copper broadband solution would make carriers more willing to bypass traditional channels. Carriers worldwide are so eager to see CupriaTM and make purchase decisions right now; we don’t have the engineering talent to keep up with the trial requests. This fact makes the expense, political and logistical challenges associated with SIG confirmation unnecessary right now. In the long term, is standardization necessary? Of course! But right now, in the short term, we are building enough momentum from the existing interest in our technology, we can accomplish our early the goals without the SIG meeting. We’ve learned the market, first and foremost, demands an economical solution that works. Once discovered, standardization becomes secondary.


And the opportunities are definitely present. This week our head of sales, marketing and business development, David Wojcik, received a forecast from a customer for purchases of Cupria that, if fulfilled, will drive very satisfactory revenues and profits for Rim Semi. Please keep in mind that there are potential obstacles and issues to be addressed on both their side and on ours in order for this business relationship to result in profits to Rim Semi. A good summary of the risks can be found in our recent annual report, which is available on the SEC website. We are confident and optimistic that we will be able to help this customer – and others - launch best-of-class equipment into their markets during 2008.


I wish I could tell you how important it is to Rim for a company like Qwest or Embarq to give us a 9-month forecast of projected purchases. This order alone could make us profitable. Since they are not the first, any one of these larger companies could give us our expected 65-100 million in revenue anticipated the first year of product release! And you know what, once we surpass the 65 million mark, Rim Semi becomes a profitable enterprise! Once we have completed this final round of financing, we’ll have all that is necessary to realize our goals.

It is remarkable what we have accomplished with limited funding. Sure, things would have developed faster had we been better funded. Some have seen the delay as lack of performance. In doing so, they only demonstrate their ignorance of the process. It takes many years to bring a technology of this caliber to market. That also means, once established, CupriaTM will be equally as difficult to displace.


In closing, I want to share with you my excitement about the development of Rim Semiconductor Company. We are receiving intense interest from potential customers, we have achieved world-record performance on our chip, and the market that we are targeting continues to grow.

Sincerely,

Brad Ketch
President and CEO
Rim Semiconductor Company

[destiny1]

Friday, April 04, 2008

Dear Fellow Shareholders,

Cupria™ is being very well received! There are many customer engagements that I could tell you about, but I will mention one from this week. We traveled to the headquarters of a telephone company that is also in the capital of the country that the telco serves. The meeting was attended by very senior-level executives from several departments, which is always a good sign of real interest. We believe that they will be upgrading two to three million subscribers every year to IPTV, which represents a potential revenue opportunity to Rim Semi of tens of millions of dollars every year. We showed them Cupria™ and compared its performance to their existing DSL technology. Cupria™ performed flawlessly, and delivered data at 42 mbps across 5,500 feet. The telco executives confirmed that the best that they can achieve with ADSL2+ is 15 mbps across 5,500 feet. They cannot even get VDSL2 to work – at all – at 5,500 feet! So we demonstrated to their satisfaction that we are about three times better than the best that they currently have. The meeting concluded with a request to go immediately to field trial and to talk about volume purchases.

A reception like the one that we received this week demonstrates that we have delivered to the world’s telcos a solution that solves a critical problem. And it is a solution that they are willing to pay for. Our team here is completely focused on delighting this customer and many others by shipping product this year that dramatically exceeds the competition.

Sincerely,
Brad Ketch
President and CEO
Rim Semiconductor Company

Hmm -Now this should be fun. Forum post of the week to who ever figures out the name of this telco!

D1;)

[destiny1]

Hmm -Now this should be fun. Forum post of the week to who ever figures out the name of this telco!

D1;)

Well the first one that jumps out is China Telecom, headquartered in Beijing which of course is the capital of China.
http://en.wikipedia.org/wiki/Beijing
http://www.chinatelecom-h.com/eng/corpinfo/overview.htm

With over 220 million wirelines, they certainly have the assets to convert several million customers to IPTV annually.

And I forgot to mention, China Telecom is the largest, by wireline, fixed line carrier in the world!

D1;);)

[doughjo]

President's Letter

Friday, April 04, 2008

Dear Fellow Shareholders,

Cupria™ is being very well received! There are many customer engagements that I could tell you about, but I will mention one from this week. We traveled to the headquarters of a telephone company that is also in the capital of the country that the telco serves. The meeting was attended by very senior-level executives from several departments, which is always a good sign of real interest. We believe that they will be upgrading two to three million subscribers every year to IPTV, which represents a potential revenue opportunity to Rim Semi of tens of millions of dollars every year. We showed them Cupria™ and compared its performance to their existing DSL technology. Cupria™ performed flawlessly, and delivered data at 42 mbps across 5,500 feet. The telco executives confirmed that the best that they can achieve with ADSL2+ is 15 mbps across 5,500 feet. They cannot even get VDSL2 to work – at all – at 5,500 feet! So we demonstrated to their satisfaction that we are about three times better than the best that they currently have. The meeting concluded with a request to go immediately to field trial and to talk about volume purchases.

A reception like the one that we received this week demonstrates that we have delivered to the world’s telcos a solution that solves a critical problem. And it is a solution that they are willing to pay for. Our team here is completely focused on delighting this customer and many others by shipping product this year that dramatically exceeds the competition.

Sincerely,
Brad Ketch
President and CEO
Rim Semiconductor Company

[Stoppmann]

This latest President's Letter is very encouraging, but I will save my enthusiam for when the company receives orders and produces the chip in volumes.

[destiny1]

President's Letter

Friday, April 04, 2008

Dear Fellow Shareholders,

Cupria™ is being very well received! There are many customer engagements that I could tell you about, but I will mention one from this week. We traveled to the headquarters of a telephone company that is also in the capital of the country that the telco serves. The meeting was attended by very senior-level executives from several departments, which is always a good sign of real interest. We believe that they will be upgrading two to three million subscribers every year to IPTV, which represents a potential revenue opportunity to Rim Semi of tens of millions of dollars every year. We showed them Cupria™ and compared its performance to their existing DSL technology. Cupria™ performed flawlessly, and delivered data at 42 mbps across 5,500 feet. The telco executives confirmed that the best that they can achieve with ADSL2+ is 15 mbps across 5,500 feet. They cannot even get VDSL2 to work – at all – at 5,500 feet! So we demonstrated to their satisfaction that we are about three times better than the best that they currently have. The meeting concluded with a request to go immediately to field trial and to talk about volume purchases.

A reception like the one that we received this week demonstrates that we have delivered to the world’s telcos a solution that solves a critical problem. And it is a solution that they are willing to pay for. Our team here is completely focused on delighting this customer and many others by shipping product this year that dramatically exceeds the competition.

Sincerely,
Brad Ketch
President and CEO
Rim Semiconductor Company

Here is a list of the telcos likely large enough to support conversion of 2-3 million customers to IPTV. There are 5 potential targets, all outside the U.S.

China and Europe are most aggressively pursuing IPTV.

Logistically, it’s easier to deploy CurpiaTM in China as compared to Europe. This is largely because the Chinese are adding the equivalent of an AT&T (roughly 40+millon lines) every two years in new copper wireline service.

It’s a more simple process to deploy CupriaTM or any other new tech in areas where there is no previous wireline service “greenfield areas” than it is to overhaul existing infrastructure, as would exist in most places in Europe and the U.S.

In addition, in order to convert 2-3 million lines in a year, the lines would have to be located in fairly densely populated areas. Again, population density favors China.

Lastly, to continually support 2-3 million new IPTV conversions per year, the number of new wireline subscribers has to continually rise. Traditionally, a telco will project only 30% of its customers will purchase a premium service. For telcos outside of China, their number of new wireline subscribers isn’t high enough to continually support a high level of conversion. Of course this can all change if HD IPTV begins to attract new wireline customers.


This would signify a complete reversal of the industry trend of the last 20 years.

Though anyone of the 5 asterisked companies are candidates, China Telecom or China Netcom are the most likely candidates.

Telecom Access lines- Headquarters
1. China Telecom 224 million -*Beijing
2. China Netcom 115 million- *Beijing
3. Verizon** 63 million -New York, NY
4. AT&T* 49 million -San Antonio, Texas
5. France Telecom 45 million- *Paris, France
6. Telefonica (Spain) 42 million -*Madrid Spain As result of takeover of (Telecom Italia 22.8 million) = 64.8 million
7. Deutsche Telecom 40 million -Bonn, Germany
8. British Telecom 22 million -*London, England
9. Telmex (Mexico) 18 million- Cuauhtémoc, Mexico
10. Bell Canada 12.9 million- Montreal,
11. Qwest 13 million -Denver, Colorado

*Capital

D1;)

[Stoppmann]

Destiny,

How about asking Brad for an interview. It's been about 5 or 6 months since his last one. I'm sure alot has happened. In his closing statements of his last inteview in October 2007, he offered to do another interview after the first of the year. So take him up on it.

[destiny1]

That is a good idea, will do.
D1;)

[doughjo]

Dear Shareholder:


You are cordially invited to attend a special meeting (the “Special Meeting”) of the shareholders of Rim Semiconductor Company. The meeting will be held at 10:00 a.m. on Tuesday, June 3, 2008 at the offices of Munck Butrus Carter, P.C., 600 Banner Place Tower, 12770 Coit Road, Dallas, Texas 75251.


At the Special Meeting, you and the other shareholders will be asked to approve an amendment to Article IV of our Articles of Incorporation to increase our authorized common stock from 900 Million shares to 4 billion shares.


Pursuant to new rules promulgated by the Securities and Exchange Commission, we have elected to provide access to our proxy materials over the Internet. Accordingly, we will mail, on or about April ___, 2008, a Notice of Internet Availability of Proxy Materials to our stockholders of record and beneficial owners at the close of business on April 11, 2008. On the date of mailing of the Notice of Internet Availability of Proxy Materials, all stockholders and beneficial owners will have the ability to access all of the proxy materials on a website referred to in the Notice of Internet Availability of Proxy Materials. These proxy materials will be available free of charge.


Your vote is very important. We encourage you to read this proxy statement and vote your shares as soon as possible, as instructed in the Notice of Internet Availability of Proxy Materials, over the Internet or by telephone as promptly as possible. You may also request a paper proxy card to submit your vote by mail, if you prefer.


Thank you for your continued support of Rim Semiconductor Company.



Very truly yours,






Brad Ketch
President and Chief Executive Officer

[Stoppmann]

Dear Shareholder:


You are cordially invited to attend a special meeting (the “Special Meeting”) of the shareholders of Rim Semiconductor Company. The meeting will be held at 10:00 a.m. on Tuesday, June 3, 2008 at the offices of Munck Butrus Carter, P.C., 600 Banner Place Tower, 12770 Coit Road, Dallas, Texas 75251.


At the Special Meeting, you and the other shareholders will be asked to approve an amendment to Article IV of our Articles of Incorporation to increase our authorized common stock from 900 Million shares to 4 billion shares.


Pursuant to new rules promulgated by the Securities and Exchange Commission, we have elected to provide access to our proxy materials over the Internet. Accordingly, we will mail, on or about April ___, 2008, a Notice of Internet Availability of Proxy Materials to our stockholders of record and beneficial owners at the close of business on April 11, 2008. On the date of mailing of the Notice of Internet Availability of Proxy Materials, all stockholders and beneficial owners will have the ability to access all of the proxy materials on a website referred to in the Notice of Internet Availability of Proxy Materials. These proxy materials will be available free of charge.


Your vote is very important. We encourage you to read this proxy statement and vote your shares as soon as possible, as instructed in the Notice of Internet Availability of Proxy Materials, over the Internet or by telephone as promptly as possible. You may also request a paper proxy card to submit your vote by mail, if you prefer.


Thank you for your continued support of Rim Semiconductor Company.



Very truly yours,






Brad Ketch
President and Chief Executive Officer

That's alot of shares. How did they come up with 4 billion?

[Stoppmann]

That's alot of shares. How did they come up with 4 billion?

If the company said we have orders for a zillion chips, it would make the decision a who lot easier. IMO, they won't get my vote unless I see proof of chip orders in volumes.

[Stoppmann]

The number of shares outstanding for Qualcomm common stock was 1,636,486,963 as of November 6, 2007. I don't know what the cap is. I'm sure it is much higher than 1.6 billion.

[destiny1]

The number of shares outstanding for Qualcomm common stock was 1,636,486,963 as of November 6, 2007. I don't know what the cap is. I'm sure it is much higher than 1.6 billion.


I suppose no one wants dilution. The truth is selling shares is how new companies collateralize funding and acquire other companies.

Having a high number of outstanding shares available certainly didn't hurt these companies.

Intel has 6 billion - in the float
Microsoft 9+ billion
Cisco 6 billion
Dell 2 billion

Considering the demand for the technology and caliber of companies Rim Semi has in the hopper, they could be as successful as the Intels and Qualcomms of the world. With that perspective, this authorization for an increase in available shares may be the only reasonable choice. More later

D1

[Stoppmann]

I suppose no one wants dilution. The truth is selling shares is how new companies collateralize funding and acquire other companies.

Having a high number of outstanding shares available certainly didn't hurt these companies.

Intel has 6 billion - in the float
Microsoft 9+ billion
Cisco 6 billion
Dell 2 billion

Considering the demand for the technology and caliber of companies Rim Semi has in the hopper, they could be as successful as the Intels and Qualcomms of the world. With that perspective, this authorization for an increase in available shares may be the only reasonable choice. More later

D1

Each of these companies has built tremendous shareholder value along their way to their multibillion floats and the market capitalization of each of these companies is much higher than their float. Where is the current shareholder value in RSMI?

[Stoppmann]

I suppose no one wants dilution. The truth is selling shares is how new companies collateralize funding and acquire other companies.

Having a high number of outstanding shares available certainly didn't hurt these companies.

Intel has 6 billion - in the float
Microsoft 9+ billion
Cisco 6 billion
Dell 2 billion

Considering the demand for the technology and caliber of companies Rim Semi has in the hopper, they could be as successful as the Intels and Qualcomms of the world. With that perspective, this authorization for an increase in available shares may be the only reasonable choice. More later

D1

I don't see any demand for RSMI product. As reported by the company, there is intense interest and testing. But I don't see the great demand. The only demand I see is from one purchase order that yet to be filled.

[destiny1]

That's the point exactly! Without affording Rim the collateral to continue to raise funding, they have no opportunity to continue on their goal to create shareholder value.

Currently, there is no other option.

IMO, if Rim is given the ability to raise funding through selling shares, the deployment of this technology is assured. We understand the added dilution will slow the rise in the stock price. But we will have a successful tech and a company with rising revenues. In time, several years, the revenue will catch up with the outstanding share count.

If they are not allowed to raise funds by selling shares we cut off their ability do the very thing they are being criticized for, that is to raise shareholder value.

Also remember, this is a vote to raise the number of available shares. Though there are no guarantees, this doesn't mean they will all be used right away, or at all. In addition, once revenues come in Rim Semi has the ability to buy back shares in order to decrease the outstanding share count. If done this move has the effect of raising the stock price.

The 4 billion number was chosen by the entire BOD which I'm sure you understand includes William Swope from Intel. They chose this quantity of increase with the goal of not having to ask for another increase in the future.

In our criticism, we must be careful that a negative response doesn't prevent the very goals we seek.

D1

[destiny1]

Just received from Brad...

Please feel free to pass this along to anyone who might be interested, George

We’re in a mini “quiet period” of sorts. Not an official one, like when we file a Registration Statement. But at this moment we are not supposed to make any additional comments about the preliminary proxy. We filed the preliminary proxy yesterday, and the SEC wants 10 days to review it. If they have no comments, then we will file the full proxy and can then answer questions and make comments about the proxy. If they do have comments, then we will need to deal those comments and refile a preliminary proxy until the SEC is satisfied.

Brad

[destiny1]

This study is important enough to post on the main board. It demonstrates that landlines are here to stay.

D1;)


Verizon survey points to enduring landline strengths as key
Mobile offers convenience, but lifeline reliability provides comfort
by Doug Allen

Mon. April 7, 2008
Is there a tipping point for the average American phone consumer when it comes to cutting the cord on the old landline phone and going wireless? Cell phone adoption rates have been moving upward relatively steadily for so long, its esteemed landlocked predecessor can sometimes get lost in the shuffle as wireless applications focus ever more attention on the mobile phone.

But according to a recent KRC Research survey sponsored by Verizon — polling more than 800 consumers 18 and over who pay for landline service — that tipping point is very real. Why? Voice quality and safety considerations such as power back-up still trump the convenience of mobility for many users.
It makes sense that customers remain satisfied with landline service quality, as the 92 percent of respondents did attest, or that 91-98 percent of landline users consider their connection to be reliable regardless of weather, a typical mobile phone concern. But it’s a bit surprising that customers who rely on cell phones still value their landlines so highly as well.
For instance, among these landline users, 76 percent of whom use their landline phone every day: 83 percent of the respondents plan to continue using their a landline home phone indefinitely, even though 74 percent own a cell phone as well; and 94 percent of the respondents cited landline’s “reliability” — voice quality and ability to establish a connection — while 91 percent cited its always- on power status as key reasons for hanging on to traditional phone service. Roughly three-quarters of the respondents — seemingly a low figure — said their landline home phone beat out their cell phone when it came to voice quality, reliability and consistency of service.

The survey also revealed the ongoing psychological impact that safety concerns plays in the decision to retain landline phone service. Nearly half the respondents said they would feel “unsafe” without a landline connection on their premises that isn’t battery-powered. A small sample of responses capture the general feeling of urgency around lifeline services: “My telephone line is my lifeline.” “That’s the one I use the most and it doesn’t have to be recharged.” “It’s most ready in case of an emergency.” “It gives me security that I can reach 911.” And, “When the electricity goes out I can still use the landline phone.” According to the survey, those most likely to hold on to landline service are women, senior citizens, middle-income earners (US$50,000-$75,000) annually) and those living outside of metropolitan areas.
If you’re wondering why all the polling on landline vs. cellular, the answer boils down to one word: bundling. Verizon’s survey has found that that nearly two-thirds of respondents — including those who live in urban areas, younger adults and people who make more than $75,000 a year — say they would consider bundling their landline home phone with TV, Internet services and wireless phone. Moreover, those with both a landline and cell phone are more likely than those without a cell phone to bundle their communications services. Strategically, then, Verizon hopes to use the landline phone as an anchor or gateway service to entice new customers into stickier bundled services, a strategy which was successful for up to half of all new customers by year-end 2007.
Bundling remains one of the telco’s best weapons against encroaching cable competitors who are trying to offer similar triple or quadruple play service plans, but lack the all-important landline phone service infrastructure piece.

[Stoppmann]

That's the point exactly! Without affording Rim the collateral to continue to raise funding, they have no opportunity to continue on their goal to create shareholder value.

Currently, there is no other option.

IMO, if Rim is given the ability to raise funding through selling shares, the deployment of this technology is assured. We understand the added dilution will slow the rise in the stock price. But we will have a successful tech and a company with rising revenues. In time, several years, the revenue will catch up with the outstanding share count.

If they are not allowed to raise funds by selling shares we cut off their ability do the very thing they are being criticized for, that is to raise shareholder value.

Also remember, this is a vote to raise the number of available shares. Though there are no guarantees, this doesn't mean they will all be used right away, or at all. In addition, once revenues come in Rim Semi has the ability to buy back shares in order to decrease the outstanding share count. If done this move has the effect of raising the stock price.

The 4 billion number was chosen by the entire BOD which I'm sure you understand includes William Swope from Intel. They chose this quantity of increase with the goal of not having to ask for another increase in the future.

In our criticism, we must be careful that a negative response doesn't prevent the very goals we seek.

D1

I thought that was the purspose of the Dec 2008 finance package - provide sufficient funds to develop their technology and produce the ASSP.

[destiny1]

I have never read in any Rim Semi document where after December of 2007, Rim Semi would have all the funding required, indefinitely.

[destiny1]

Commentary
The YouTube effect
Video helps to reinvent Internet and drives traffic surge
by Sean Buckley
Tues. April 8, 2008

http://www.telecommagazine.com/Article_Images/buckley_T.jpg It’s unlikely when the U.S. Department of Defense gathered behind closed doors in the late 1960s to develop Arpanet—the precursor of today’s Internet—it envisioned its creation would become a platform for enhanced entertainment services.

But like many other telecom industry segments, the Internet continues to reinvent itself.
One such reinvention is YouTube. Since two former PayPal employees created the site in 2005, it has become a diverse vehicle whereby someone with a video camera can chatter about Britney Spear’s troubles or sparring presidential candidates can launch their views to the public.
YouTube’s effect on the Internet became clearer to me during the FTTH Council Europe conference in Paris last February. In a keynote speech called Estimating the Exaflood: the Impact of Media on the Internet, Bret Swanson, senior fellow at the Progress and Freedom Foundation, estimated by mid-2007 YouTube was streaming 600 Petabytes, making up 7 percent of total U.S. Internet traffic. (See: Internet set to reach Zetabyte heights by 2015 (http://www.telecommagazine.com/article.asp?HH_ID=AR_3997))
At press time in mid-March, a YouTube search returned 77.7 million videos and 2.89 million user channels.
Swanson believes we are now in what he calls Phase 3 of the Internet evolution. A big enabler of this phase will be faster connections to the home and business.
“The world has come to the Internet for the last 10 to 15 years, [but] the true broadband visual video Internet is now just starting,” he said. “It’s changing the nature of Internet traffic, and it will greatly change the volume of network traffic. Phase 3 will mostly be enabled by fiber to the home.”
Keep in mind YouTube currently provides only low-quality, grainy video. If and when YouTube offers high-definition content, Swanson forecasts growth could reach 12 Exabytes per year.
Not surprisingly, YouTube causes both headaches and opportunities for traditional service providers whose bread and butter voice business is being eroded by cable operators and wireless providers.
Peter Lund, CTO of Canadian service provider Bell Aliant, says YouTube was not really on its radar screen a year ago, but now eats up much of its video bandwidth. Still, Lund sees an opportunity to develop services on any device a user might have in his arsenal (See: Home is where the heartache is (http://www.telecommagazine.com/article.asp?HH_ID=AR_3985) and HPNA salves Bell Aliant’s IPTV install worries (http://www.telecommagazine.com/article.asp?HH_ID=AR_3974)).
Northeast-based Verizon Communications, one of the most aggressive purveyors of FTTH, is no different.
It would be hard to pinpoint the exact effect YouTube has had on Verizon, but Fred Briggs, executive vice president of Verizon Business global network operations and technology, says it is moving fast to expand the size of its backbone transport pipes to accommodate new FTTH services including its 20 Mbps symmetric FiOS service.
Currently operating a 40 Gbps backbone, Verizon plans to have 100 Gbps live by 2009.
“Think about the demands on a network with millions of homes now with FiOS with 20 Mbps Ethernet, multiple HDTV and SDTV channels and a little voice,” Briggs says. “If you multiply just that piece across the network it is a fascinating number in terms of growth on top of enterprise growth.”
So while accommodating services such as YouTube is a change in thinking for the traditional service provider, that provider knows if it builds the network users will come. (read (http://www.telecommagazine.com/newsglobe/article.asp?HH_ID=AR_4081))

[destiny1]

Here is a short summary of AT&T's new VRAD cabinets (Uverse)being installed in cities nation wide. (read (http://www.ci.costa-mesa.ca.us/council/study-session/2008-01-08/AT&T%20Cabinet%20Installation%20Status%20Report.pdf))

This morning on my drive to the office, I stopped and talked to a couple of technicians installing one of Alcatel's new VRAD cabinets in my neighborhood. The question is: Are these new cabinets backwards compatible with CupriaTM line cards?

I originally posted this in the industry news section. AT&T's Uverse/VRAD project utilizes Alcatel's 7330 ISAM boxes to house VDSL 2 ports or pair-bonded ADSL 2 line cards. (read (http://www1.alcatel-lucent.com/com/en/appcontent/opgss/7330_ISAM_FTTN_pb_tcm228-188291635.pdf))

Here is a short summary of AT&T's new VRAD cabinets (Uverse)being installed in cities nation wide. (read (http://www.ci.costa-mesa.ca.us/council/study-session/2008-01-08/AT&T%20Cabinet%20Installation%20Status%20Report.pdf))


D1;)

[destiny1]

Last year, I remember talking to Brad after the October 2007 CTM conference. We discussed a few elements of the his speech. Among other things, he told the telco execs then they will be required to overhaul their networks in order to embrace the increased broadband demand. It appears many telcos are doing just that.

When I interviewed Dave Wojcik two years ago he stated that VDSL 2 deployment may actually help Rim Semi. I asked, how that could be? He said, because once a network is upgraded to VDSL 2, the transition to CupriaTM is a simple plug-in.

D1;);)

[deeba]

Last year, I remember talking to Brad after the October 2007 CTM conference. We discussed a few elements of the his speech. Among other things, he told the telco execs then they will be required to overhaul their networks in order to embrace the increased broadband demand. It appears many telcos are doing just that.

When I interviewed Dave Wojcik two years ago he stated that VDSL 2 deployment may actually help Rim Semi. I asked, how that could be? He said, because once a network is upgraded to VDSL 2, the transition to CupriaTM is a simple plug-in.

D1;);)

So far in Costa Mesa the cabinets being upgraded by ATT with the new Alcatel 7330 ISAM are being installed next to the existing cabinets. I wonder what distances these cabinets are from the end-users?

I would venture to say that most all, if not all of them are well within 5,500’ probably closer to 3,000’, which I believe is a much more realistic distance for the other flavors of High Speed DSL to work successfully.

In the latest Pres Letter, Brad stated that Cupria was able to achieve 42 mbps at 5,500’. Since these cabinets are probably in the 3,000’ range from the end-users, what do you suppose the data speeds Cupria would be able to achieve at that distance?

100 mbps? Rim has not stated at what speeds Cupria is able to work at, at the shorter distances!

Also, has anyone heard of the Alcatel term they use to describe their 7302 and 7330 cabinets of “ISAM, Intelligent Services Access Manager”?

Cupria would fit very well in these devices to achieve the Fiber to the Node (FTTN) speeds required for delivery of all the telco’s triple play services.


deeba:cool:

[destiny1]

So far in Costa Mesa the cabinets being upgraded by ATT with the new Alcatel 7330 ISAM are being installed next to the existing cabinets. I wonder what distances these cabinets are from the end-users?

I would venture to say that most all, if not all of them are well within 5,500’ probably closer to 3,000’, which I believe is a much more realistic distance for the other flavors of High Speed DSL to work successfully.

In the latest Pres Letter, Brad stated that Cupria was able to achieve 42 mbps at 5,500’. Since these cabinets are probably in the 3,000’ range from the end-users, what do you suppose the data speeds Cupria would be able to achieve at that distance?

100 mbps? Rim has not stated at what speeds Cupria is able to work at, at the shorter distances!

Also, has anyone heard of the Alcatel term they use to describe their 7302 and 7330 cabinets of “ISAM, Intelligent Services Access Manager”?

Cupria would fit very well in these devices to achieve the Fiber to the Node (FTTN) speeds required for delivery of all the telco’s triple play services.


deeba:cool:


Good Post Deeb,

You bring up several interesting points. Published AT&T stats state their "average" copper loop is 3,000 feet. I think we've talked about that in times past.

Now couple this with published results from ADSL 2/VDSL 2 speeds and distances and the fact that theis VRAD/Uverse project is nationwide. Brad has stated many times that telcos won't consider large scale deployment unless a tech can service a large percetage of its customers. It seems very unlikely that AT&T would take on such an enormous project with the paultry results seen in ADLS 2/VDSL 2.

Fast forward to the fact that CupriaTM line cards are completely compatable with a VDSL 2 enabled network.

I think we'll find that AT&T has hedged its bets. If they can't get ADSL2/pair-bonding to work, they'll have a network arlready enabled for CupriaTM.

D1;);)

[destiny1]

As confirmation, I just received this email from Brad.
D1;)

The design of Cupria lends itself to backwards compatibility with a VRAD-type architecture. Although I cannot comment right now about any specific network gear, like VRAD, the idea would be to retrofit the line card that goes in a VRAD-like cabinet. We do not want them to have to put in new cabinets, because the cost is really high.

Brad

[destiny1]

VRAD = Video Ready Access Device.

[destiny1]

I posted this article last month without comment. In the next post, I'll throw in my two cents.

D1;)


Pushing copper's speed limits

Mar 17, 2008 12:00 AM, [ BY ED GUBBINS ]
Equipment vendors are discovering new ways to get more bandwidth out of copper access lines
Despite all the attention given to lightning-fast broadband speeds enabled by fiber to the home, most carriers are forced to concern themselves instead with how much bandwidth they can squeeze out of copper already in the ground.
Hoping to find profit in this pain, equipment vendors are working on a range of new technological advancements to push the envelope of what copper can do.
For example, Alcatel-Lucent introduced a new technique for bolstering copper data speeds this year. Dubbed “SmartDSL,” the technology is aimed at keeping noise levels on DSL lines low without compromising bandwidth speeds. When noise increases in a DSL network, the traditional solution is to rebalance power levels, increasing the signal-to-noise margin to compensate. But this results in less available bandwidth. Alcatel-Lucent's approach keeps the level of available bandwidth high by inserting two types of simulated noise: what it calls “artificial” noise and “virtual” noise. Artificial noise travels down the line itself while virtual noise is introduced directly at the receiver.
“By putting this noise in specific spots, you keep the signal-to-noise ratio high, increasing the speed and throughput of the line,” said Steve Kemp, senior director of product marketing for broadband access in North America for Alcatel-Lucent.
Kemp claims SmartDSL can potentially yield performance improvements as high as 30% above traditional DSL, but on average, improvements will probably fall between 10% and 20%, he said.
SmartDSL isn't available in North America yet, and Alcatel-Lucent isn't sure when it will be. To work, customer premises equipment (CPE) vendors must adopt the technology, Kemp said, and so far that hasn't happened. Part of the reason is the artificial and virtual noise combination — while the former is compatible with existing ADSL modems, the latter is an option within the VDSL2 standard and hasn't yet been applied broadly to industry silicon.
Other vendors are pursuing different ways of turning down the noise in (and thus increasing the power of) VDSL2. A group of companies that includes Israeli equipment vendor ECI Telecom is working on a technology called dynamic spectrum management (DSM) that promises to reduce the threat of cross-talk interference on VDSL2 lines, giving them greater reach and power. One aspect of DSM called vectoring coordinates the spectrums of multiple signals by processing them together so that cross-talk appears to lessen. In theory, vectoring potentially could double the speed of VDSL2 loops between 100 and 200 meters long, ECI Telecom said, perhaps extending the reach of 100 Mb/s service by 250 to 300 meters. But the commercial introduction of DSM vectoring must wait as standards are hammered out.
Another new equipment start-up, Phylogy, raised $1.4 million in Series A funding last year with a plan to extend DSL's reach. Phylogy claims its line conditioners can boost ADSL2+ lines to 12 Mb/s over 12,000 feet of 26-gauge copper.
Some of the more dramatic advances in copper are occurring at the chip level. A new vendor named Xtendwave is exiting stealth mode this year, promising to boost the speed and reach of DSL. Xtendwave's chip uses mathematical functions known as “wavelets” to modulate the time and frequency of signals simultaneously. Current DSL lines are based on fast Fourier transform, in which signals are defined by frequency but not by time. By using wavelets instead, and seeing signals in terms of both frequency and time, Xtendwave's chip has a clearer view of the line and is thus able to more efficiently pack bits into the pipe, the company said. The chip achieves this in part by overlapping channels instead of maintaining guard bands between them. Those guard bands are usually erected to maintain orthogonality (or multidimensional modulation), but wavelets are naturally orthogonal, Xtendwave said, so those guard bands can be replaced with more signal.
“By setting guard bands, you're determining the peaks and valleys of the energy cycle,” said Marc Landry, CEO of Xtendwave. “We're able to see [the signal] more cleanly and determine exactly where those energy peaks are.”
Armed with that heightened visibility and the greater efficiency it allows, Xtendwave claimed it can send more bits longer distances. Its chip can send traffic at T-1 speeds over more than 22,000 feet, the company said. At a quarter of that speed, it can reach more than 27,000 feet.
“Where the typical 40 Mb/s is stopping at about 3500 to 5000 feet, we're sending it 6000 to 8000 feet,” Landry said. Not only does that allow carriers to push triple-play services to areas previously beyond reach, it also boosts the bandwidth for subscribers already on the network.
But again, before Xtendwave's chip can work its magic, it has to be included in access and CPE alike. And the company has barely begun, hoping it will start shipping its product into commercial gear toward the end of 2008.
Earlier this year, another start-up chip vendor, Rim Semiconductor, announced that in tests it had sent traffic at 40 Mb/s over 5500 feet of 26-gauge copper wire. The company achieved this feat, it said, using a new technology it calls IP subscriber line (IPSL). The company is proposing an alternative to discrete multitone line coding, or DMT, the standard commonly employed in DSL networks including VDSL. Rather than reserve fixed allocations of upstream and downstream bandwidth, as DMT does, Rim's chip uses TDM — instead of the frequency-division duplexing used in VDSL2 — so that, when needed, downstream traffic can use bandwidth that otherwise would be reserved for upstream traffic, and vice versa. And it uses “rapid bidirectional switching” to transition in milliseconds from upstream and downstream transport. According to the firm's Web site, Rim's technology “defines” not just the encoding algorithms inside transport processors but also “the signal stream waveform.” Rim attacked rate and reach limitations in several ways, the company said, increasing payloads and decreasing noise and latency.
However, in order to work, IPSL would need to be embedded in both sides of the access network and be embraced by access and CPE vendors. To accomplish this, Rim has convened the IPSL Special Interest Group to create industry standards for the new technology.
Meanwhile, publicly held Rim is facing its own internal financial hurdles, reporting in January a need to raise more funding “immediately.” And it doesn't expect an ASIC-based version of its product to be commercially available until later this year.
Another promising means of boosting copper bandwidth is with line bonding — in particular, bonding the most advanced form of DSL, VDSL2. AT&T repeatedly has cited VDSL2 pair bonding in response to questions about whether its fiber-to-the-node (FTTN) architecture includes enough bandwidth to satisfy consumer demand, especially for multiple channels of high-definition television. But the goalposts for that technology have moved back some over time. In early 2007, AT&T talked about implementing bonded VDSL2 before that year ended, but as the year wore on, 2008 became the target for pair bonding. And in January an AT&T executive pegged “late 2008” for its introduction.
Alcatel-Lucent, AT&T's FTTN supplier, said its VDSL2 bonding gear is ready, but in order to be deployed it must be integrated into CPE.
Other vendors are taking different approaches to line bonding in an effort to boost broadband speeds for business customers. Along with vendors such as Actelis Networks and Hatteras Networks, add Mushroom Networks, an equipment start-up that launched this year. Mushroom's product, which is currently shipping, is a $3000 CPE device that bonds multiple lines of various types — cable, DSL, T-1, etc. — and combines their bandwidths into one virtual line. The box includes six ports on the network-facing side and four LAN ports facing the end user. (con't)

[destiny1]

When a user wants to download a big file, for example, Mushroom's device sends separate requests for each network-facing broadband port — one for each section of the file, so that each section is downloaded simultaneously into separate ports without overlapping efforts, and the file is reassembled in the device. Thus, the user gets the benefit of the combined speeds of all the lines.
“It's almost like a deep packet inspection technology,” said Cahit Akin, CEO of Mushroom. “We look into [user download] requests and manage them intelligently and send them out through the DSL modem line. When it comes back to us, we do the reverse operation and present it as a single connection to the office network.”
Mushroom follows another new start-up with a focus on broadband bonding, British company Sharedband Networks. Unlike Mushroom's one-sided approach, Sharedband's system pairs CPE at one end with content delivery hubs in the network.
Sharedband's initial offering uses a bank of managed centralized servers, off-the-shelf routers from Netgear and its own firmware to bond up to four ADSL lines for greater bandwidth speeds. This month, the company also is adding another version using Linksys routers that allows bonding of non-ADSL lines, including those from different providers. The aggregation of lines adds a 3% overhead to the traffic, which the company says is no impediment to the quality of applications such as voice and video.
Another little-known company, Widearea Communication Technologies, promises to boost DSL signals with an ADSL loop extender and an “IPTV booster” that it claims extends the range of DSL by 30% to 50%.
Widearea's small, inexpensive gear is “refreshing in its simplicity,” said Kermit Ross, a consultant with Millennium Marketing — especially considering the mix of new technologies and new standards being developed to completely rethink how copper access networks are built. (read (http://telephonyonline.com/iptv/news/telecom_pushing_coppers_speed/index.html))


Here is my commentary on the technologies mentioned. On the surface these technologies may sound formidable. They are all designed to make ADSL 2 or VDSL 2 work better. Therefore by definition, they are limited.
Smart DSL (http://www1.alcatel-lucent.com/products/productsummary.jsp?productNumber=tcm:228-1376391635) – A VDSL 2 product that promises 30% increase in signal throughput by maintaining a high signal to noise ratio which minimizes crosstalk. Even if the crosstalk/signal bleed issues are decreased, VDSL 2 still has the latency issue caused by the increased processing time at the CPE end. This results in pixilation and poor picture quality. Video won’t tolerate the delay. VDSL 2 is not optimized for video. 2. VDSL 2 was designed to download data and is therefore fixed at 80/20 download to upload ratio. This means it cannot be optimized for real time interactive gaming or video file sharing which requires 50/50 (symmetric) download/upload ratios.
This also means any carrier that is looking to provide symmetric solutions (typically utilized in businesses and interactive gaming) are unlikely to consider a VDSL 2-based product, even with attached data drivers.
DSM (http://www.screenplaysmag.com/tabid/160/articleType/ArticleView/articleId/828/Default.aspx) – Again designed to boost VDSL 2 performance (distance) by 25%. No commercially proven product available. As with all VDSL 2- based products, there are still interoperability issues that have yet to be resolved.
Phylogy (http://www.phylogy.com/Content/VideoDemoEnglish.aspx) – boosts ADSL 2 to 12 Mbps @ 12,000 feet - still not in Cupria's TM class.
Xtendwave (http://www.xtendwave.com/main/newsID/10/do/press_room_detail)– promises 1.5 Mbps@ 22,000 feet. Little if any equipment upgrades required – some application in rural areas but certainly not an HD IPTV solution.

D1;)

[Stoppmann]

When a user wants to download a big file, for example, Mushroom's device sends separate requests for each network-facing broadband port — one for each section of the file, so that each section is downloaded simultaneously into separate ports without overlapping efforts, and the file is reassembled in the device. Thus, the user gets the benefit of the combined speeds of all the lines.
“It's almost like a deep packet inspection technology,” said Cahit Akin, CEO of Mushroom. “We look into [user download] requests and manage them intelligently and send them out through the DSL modem line. When it comes back to us, we do the reverse operation and present it as a single connection to the office network.”
Mushroom follows another new start-up with a focus on broadband bonding, British company Sharedband Networks. Unlike Mushroom's one-sided approach, Sharedband's system pairs CPE at one end with content delivery hubs in the network.
Sharedband's initial offering uses a bank of managed centralized servers, off-the-shelf routers from Netgear and its own firmware to bond up to four ADSL lines for greater bandwidth speeds. This month, the company also is adding another version using Linksys routers that allows bonding of non-ADSL lines, including those from different providers. The aggregation of lines adds a 3% overhead to the traffic, which the company says is no impediment to the quality of applications such as voice and video.
Another little-known company, Widearea Communication Technologies, promises to boost DSL signals with an ADSL loop extender and an “IPTV booster” that it claims extends the range of DSL by 30% to 50%.
Widearea's small, inexpensive gear is “refreshing in its simplicity,” said Kermit Ross, a consultant with Millennium Marketing — especially considering the mix of new technologies and new standards being developed to completely rethink how copper access networks are built. (read (http://telephonyonline.com/iptv/news/telecom_pushing_coppers_speed/index.html))


Here is my commentary on the technologies mentioned. On the surface these technologies may sound formidable. They are all designed to make ADSL 2 or VDSL 2 work better. Therefore by definition, they are limited.
Smart DSL (http://www1.alcatel-lucent.com/products/productsummary.jsp?productNumber=tcm:228-1376391635) – A VDSL 2 product that promises 30% increase in signal throughput by maintaining a high signal to noise ratio which minimizes crosstalk. Even if the crosstalk/signal bleed issues are decreased, VDSL 2 still has the latency issue caused by the increased processing time at the CPE end. This results in pixilation and poor picture quality. Video won’t tolerate the delay. VDSL 2 is not optimized for video. 2. VDSL 2 was designed to download data and is therefore fixed at 80/20 download to upload ratio. This means it cannot be optimized for real time interactive gaming or video file sharing which requires 50/50 (symmetric) download/upload ratios.
This also means any carrier that are looking to provide symmetric solutions (typically utilized in businesses and interactive gaming) are unlikely to consider a VDSL 2-based product, even with attached additional data drivers.
DSM (http://www.screenplaysmag.com/tabid/160/articleType/ArticleView/articleId/828/Default.aspx) – Again designed to boost VDSL 2 performance (distance) by 25%. No commercially proven product available. As with all VDSL 2 based products, there are still interoperability issues that have yet to be resolved.
Phylogy (http://www.phylogy.com/Content/VideoDemoEnglish.aspx) – boosts ADSL 2 to 12 Mbps @ 12,000 feet - still not in Cupria's TM class.
Xtendwave (http://www.xtendwave.com/main/newsID/10/do/press_room_detail)– promises 1.5 Mbps@ 22,000 feet. No equipment upgrades – some application in rural areas but certainly not an HD IPTV solution.

D1;)

Thanks. I don't remember reading these articles.

[McCloud]

Some of the more dramatic advances in copper are occurring at the chip level. A new vendor named Xtendwave is exiting stealth mode this year, promising to boost the speed and reach of DSL. Xtendwave's chip uses mathematical functions known as “wavelets” to modulate the time and frequency of signals simultaneously. Current DSL lines are based on fast Fourier transform, in which signals are defined by frequency but not by time. By using wavelets instead, and seeing signals in terms of both frequency and time, Xtendwave's chip has a clearer view of the line and is thus able to more efficiently pack bits into the pipe, the company said. The chip achieves this in part by overlapping channels instead of maintaining guard bands between them. Those guard bands are usually erected to maintain orthogonality (or multidimensional modulation), but wavelets are naturally orthogonal, Xtendwave said, so those guard bands can be replaced with more signal.
“By setting guard bands, you're determining the peaks and valleys of the energy cycle,” said Marc Landry, CEO of Xtendwave. “We're able to see [the signal] more cleanly and determine exactly where those energy peaks are.”
Armed with that heightened visibility and the greater efficiency it allows, Xtendwave claimed it can send more bits longer distances. Its chip can send traffic at T-1 speeds over more than 22,000 feet, the company said. At a quarter of that speed, it can reach more than 27,000 feet.
“Where the typical 40 Mb/s is stopping at about 3500 to 5000 feet, we're sending it 6000 to 8000 feet,” Landry said. Not only does that allow carriers to push triple-play services to areas previously beyond reach, it also boosts the bandwidth for subscribers already on the network.
But again, before Xtendwave's chip can work its magic, it has to be included in access and CPE alike. And the company has barely begun, hoping it will start shipping its product into commercial gear toward the end of 2008.

On it's face the claims here seem to be a threat to Cupria. I will have to look into it when I have some time.

[Stoppmann]

Some of the more dramatic advances in copper are occurring at the chip level. A new vendor named Xtendwave is exiting stealth mode this year, promising to boost the speed and reach of DSL. Xtendwave's chip uses mathematical functions known as “wavelets” to modulate the time and frequency of signals simultaneously. Current DSL lines are based on fast Fourier transform, in which signals are defined by frequency but not by time. By using wavelets instead, and seeing signals in terms of both frequency and time, Xtendwave's chip has a clearer view of the line and is thus able to more efficiently pack bits into the pipe, the company said. The chip achieves this in part by overlapping channels instead of maintaining guard bands between them. Those guard bands are usually erected to maintain orthogonality (or multidimensional modulation), but wavelets are naturally orthogonal, Xtendwave said, so those guard bands can be replaced with more signal.
“By setting guard bands, you're determining the peaks and valleys of the energy cycle,” said Marc Landry, CEO of Xtendwave. “We're able to see [the signal] more cleanly and determine exactly where those energy peaks are.”
Armed with that heightened visibility and the greater efficiency it allows, Xtendwave claimed it can send more bits longer distances. Its chip can send traffic at T-1 speeds over more than 22,000 feet, the company said. At a quarter of that speed, it can reach more than 27,000 feet.
“Where the typical 40 Mb/s is stopping at about 3500 to 5000 feet, we're sending it 6000 to 8000 feet,” Landry said. Not only does that allow carriers to push triple-play services to areas previously beyond reach, it also boosts the bandwidth for subscribers already on the network.
But again, before Xtendwave's chip can work its magic, it has to be included in access and CPE alike. And the company has barely begun, hoping it will start shipping its product into commercial gear toward the end of 2008.

On it's face the claims here seam to be a threat to Cupria. I will have to look into it when I have some time.

I checked out their website. It doesn't provide alot of information or details.

http://www.xtendwave.com/main/do/Technology

The enabling breakthrough is called Adaptive Filter Bank Modulation (AFBM)

AFBM helps signals achieve longer reach over copper using an existing plant.

The benefits?

Enable and provide
Secure multiple revenue streams, increase customer ARPU and subsequent life value for service providers.
Meet and exceed customer and regulator demands for broadband ubiquity.
Allow equipment providers to utilize and monetize spare DSLAM slots to increase sales and service revenue by upgrade of line card.
Capitalize on initial opportunity to manufacture new products for vast copper telco market.

[Stoppmann]

As confirmation, I just received this email from Brad.
D1;)

The design of Cupria lends itself to backwards compatibility with a VRAD-type architecture. Although I cannot comment right now about any specific network gear, like VRAD, the idea would be to retrofit the line card that goes in a VRAD-like cabinet. We do not want them to have to put in new cabinets, because the cost is really high.

Brad

I Googled Video Access Access Device (VRAD). I only saw VRAD associated with AT&T. Is AT&T the only telco using this type of equipment?

[Stoppmann]

Just received from Brad...

Please feel free to pass this along to anyone who might be interested, George

We’re in a mini “quiet period” of sorts. Not an official one, like when we file a Registration Statement. But at this moment we are not supposed to make any additional comments about the preliminary proxy. We filed the preliminary proxy yesterday, and the SEC wants 10 days to review it. If they have no comments, then we will file the full proxy and can then answer questions and make comments about the proxy. If they do have comments, then we will need to deal those comments and refile a preliminary proxy until the SEC is satisfied.

Brad

Today is day 10 since Rim Semi filed the preliminary proxy. Hopefully we will get information, today, from the company about the proxy statement.

[destiny1]

This article is several days old but several members have asked for comment. As I have stated on more than one occasion, there is a whole lot more to IPTV deployment than the size of the pipes pushing the data. In this article Mr. Erli talks about the challenges associated with a small telco deploying ITPV. His primary issues surround: price of middleware, cost of content and faulty field equipment. I’ll comment more at the end.

NAB Show: Two views of IPTV
Bigger is better, smaller is badder when it comes to content
by Jim Barthold
Tues. April 15, 2008

http://www.telecommagazine.com/newsg...?HH_ID=AR_4106 (http://www.telecommagazine.com/newsglobe/article.asp?HH_ID=AR_4106)

Terry Denson, vice president of programming and marketing for Verizon FiOSTV believes his career moves, first from a cable TV programmer to a cable TV operator and more recently from a cable TV operator to a telephone company, brightened his life.

In a “reverse or inverted Star Wars manner, the dark side really is the bright side,” said Denson, who said each time he told a boss he was leaving — from MTV to Insight Cable to Verizon — he was warned he was going to “the dark side.”

With Verizon’s growing subscriber base and ongoing success in telco TV, “Being on the dark side right now is feeling like it’s on the brighter side,” he said during a panel session “State of Broadband: Next-Generation Networks and the Future of Entertainment” at the Telecom2008 conference at the National Association of Broadcasters (NAB) Show in Las Vegas.

Phil Erli, executive vice president of RinggoldTelephone Company understands the dark side. He’s still on it when it comes to IPTV and that, he said, is the big difference between a Verizon with its millions of subscribers, billions of dollars and gazillions of opportunities and a Ringgold with 12,000 wireline customers and 1,800 IPTV subscribers.

“I listened to these guys from Verizon and AT&T talk today. God love ‘em; but it’s not the same for me. IPTV is the future; unfortunately the future’s not here yet,” said Erli during a later panel session, “Carrier Perspective: Elements of Healthy IPTV Ecosystem.”

While Verizon and AT&T can wield potential subscriber numbers like mallets over the heads of content providers to hammer out better, more cost-effective programming deals, a small operator like Ringgold is “damned lucky to get a contract,” Erli said. “As a small company you can’t dictate to the content providers how you’re going to take content. As a small company we are very restricted as to how and what we offer in a channel lineup.”

Content expenses offset any price advantage Erli might hold over Charter Communications, his cable competition or the satellite providers who own 40 percent of the subscribers in the Chattanooga suburbs where Ringgold operates. He has “great local content” and broadband take rates that are increasing but still only 18 percent of his subscribers take IPTV.

“On a commercial basis … I don’t know of anybody that’s exceeding 20 percent market share,” he said.

IPTV, he said, is not ready for prime time mainly because hardware and middleware vendors “don’t seem to have a lot of creativity” and are building “10-year-old clones” of cable technology.

Still, despite his gloomy prospects — “I would love to change middleware vendors; unfortunately there are not a lot of choices,” he said — and his business model — “don’t expect to make money on video; video is too expensive for anybody in terms of the content” — Erli, too, seems to think he’s on the bright side of the wall. “I do believe in this,” he said.

It’s just that everything is so problematic. The equipment is not weather hardened: “I put it out there and the first thing it does, it breaks.” Lightning is a problem: “The system is a weather detector.” And the non-proprietary equipment is proprietary with middleware that can’t handle upgrades that would realize some of IPTV’s potential and set-top boxes that aren’t ready for MPEG-4 even as Ringgold installs fiber-to-the-home networks.

“This is supposed to be a more feature-rich technology and today it’s not,” he said. “Let’s not try to replicate what the cable guys are doing or the satellite guys are doing. That’s what the vendors are trying to do.”

What Erli is trying to do is bring out the promise of IPTV as an interactive, feature-rich program layer. He has to be a believer, he concluded, because he has no choice.

“IPTV is a no-brainer … it’s a survival issue” for a company that’s losing wireline customers to seven competing wireless services. IPTV, he said, “does work and does have great potential” but “it’s not there yet.”

[destiny1]

Wikipedia defines the key IPTV components like this:

Key Areas of an End-to-End IPTV Technology Solution

When considering deploying a telco IPTV service, understanding the technical implications of delivering the solution should be of paramount importance. Within the overall technical parameters of an IPTV service rollout, there are four key areas that need to be addressed to ensure a robust and scalable service delivery: content distribution, middleware, transport infrastructure and customer premise equipment (CPE). (read)


Rim Semi’s CupriaTM chipsets sit in the transport infrastructure and customer premise equipment sectors. Mr. Erli’s challenges primarily are in the content and middleware sections. The per customer cost is considerably more for the smaller telcos to provide quality IPTV than the larger telcos. It’s that whole economies of scale thing taught in business school.

Ringgold has been deploying IPTV for 5 years. There is no indication the equipment challenges have anything to do with Rim Semi. Besides, Rim Semi doesn’t make the equipment. They are a fabless chip design firm.

This article also implies the four components of IPTV deployment must work in concert in order to create a complete solution. This means that when Rim Semi announces a deal with say Alcatel for chips/DSLAMs, one can surmise that Microsoft middleware is also part of the deal. (Alcatel and Microsoft have collaborated on the network equipment/middleware) In addition, line card and CPE makers like Zyxel or Calix also have to be part of the deployment process. On the content side, AOL or Time Warner might be is involved.

D1;)

[doughjo]

Special Shareholder Meeting

The Special Shareholder Meeting of Rim Semiconductor Company will be held at 10:00 a.m., on Tuesday, June 3, 2008, at the offices of Munck Butrus Carter, P.C., 600 Banner Place Tower, 12770 Coit Road, Dallas, Texas 75251.

This is located approximately 10 miles north of downtown Dallas, on the northeast corner of Coit Road and Banner Drive, just south of LBJ Freeway (I-635E) and just west of Central Expressway (US-75). An online map to this meeting location is available here.

[destiny1]

April 18, 2008

Telecom Italia Selects Huawei for NG Access
Huawei Technologies announced that it will provide access network components to help Telecom Italia deploy a Next Generation Network (NGN2) in the Milan area.

Huawei will provide Telecom Italia with its Fiber to the Building (FTTB) solution, comprising SmartAX MA5600Tand MA5606T, which incorporates GPON and VDSL2 (Very High Bit-rate Digital Subscriber Line) technologies. These technologies enable broadband connection speeds of up to 100Mbps, delivering better ultra broadband experiences to the operator's customers. The solution is built on Terabit architecture, which provides a future-proof platform for Telecom Italia to roll out additional ultra broadband services.

"We are proud to further our partnership with Telecom Italia,"added Mr. William Xu, President of Europe Region, Huawei Technologies. "As the exclusive provider of FTTB technologies to Telecom Italia in the Milan area, we are committed to delivering a high-quality service. We will spare no effort in helping Telecom Italia extend its leadership in the dynamic and fast-growing broadband market."

Huawei now jumps to the top of the list of potential direct customers for CupriaTM chipsets.

This is a VRAD -VDSL 2 type device which is backwards compatibile with CupriaTM.

The MA5600T is a DSLAM which houses the line cards on which CupriaTM chips reside.
Huawei has now become the #1 IP DSLAM manufacturer worldwide. (read (http://www.huawei.com/products/access_network/dslam/ip_dslam.do?card=0))

D1 ;)

[destiny1]

Question from reader?

Why are they using VDSL2. Shouldn't they have had enough time by now to decide on IPSL?

CupriaTM completed ASICs are not yet available. Once available, the CupriaTM line cards will be backwards compatable with VRAD/VDSL 2 cabinets, Rim Semi is encouraging ongoing VRAD/VDSL 2 cabinet deployment.

Telcos can deploy these cabinets using exisiting ADSL 2/VDSL 2 technology in appropriate neighborhoods.

Telcos understand that once CupriaTM is available, they will be able to use these same VRAD cabinets for CupriaTM chips.
D1;)

[destiny1]

Further posts on PM board:

I understand that, but it would seem that if their intent was to use IPSL they would say so instead of VDSL2

In essence they did. Recent CupriaTM telecom trials demonstrate ADSL 2 has limited bandwidth capacity and VDSL 2 didn't even work at 5500 feet. If you couple this with the fact that telcos will not widely deploy a technology upgrade unless it can serve a significant percentage of their customers, Cupria TM chipsets become the remaining choice.

D1 ;)

[Stoppmann]

Further posts on PM board:

I understand that, but it would seem that if their intent was to use IPSL they would say so instead of VDSL2

In essence they did. Recent CupriaTM telecom trials demonstrate ADSL 2 has limited bandwidth capacity and VDSL 2 didn't even work at 5500 feet. If you couple this with the fact that telcos will not widely deploy a technology upgrade unless it can serve a significant percentage of their customers, Cupria TM chipsets become the remaining choice.

D1 ;)

I understand what you are saying regarding backward compatibility of IPSL and limitations of existing technologies, but I believe that it is the intention of the telco to place these new cabinents close enough to their customer so that it will work with existing technology. Alcaltel has is providing similar cabinets. The following is what Alcatel has to say about their FTTB cabinets.

"The ISAM FTTB portfolio allows operators to deliver up to 100 Mbps over copper in multi-dwelling unit (MDU) environments, in which it can be difficult to introduce fiber. DSL service providers in markets that use the European Telecommunications Standards Institute (ETSI) standards can thus complement their CO & cabinet deployments, and bring fiber closer to the subscriber whenever the installation of street cabinets is not an option."

http://www.lightreading.com/document.asp?doc_id=147636

[destiny1]

Good post Stopp. That is correct. It's true VDSL 2 does has primary application in the MDU/high rise/enterprise space. In other words, on short loops of 1500 feet or less. VDSL 2 is impracticle however beyond this distance. It would be too costly to deploy fiber to the curb of every single family home.

In Asia, where high rise apartments and corporate buildings predominate, there will be ongoing application.

The question of video application, even on short loops, remain. My understanding is that latency issues remain which creates picture quality issues.

VDSL 2 will continue to be a good data pump over short distances where real time video application is not a concern.

D1;)

[destiny1]

The Complexity of Seamless

Rim Semi has made several announcements regarding telecom equipment trials. Some have concern for the seeming delay while waiting for new announcements.

It’s natural to think that once a telco has seen the rm-CDS 6000 field hardened test module and Cupria 5101a line card, it’s simple to transition those results into a purchase order. (read (http://www.rimsemi.com/chipfam.html))

In truth, the telco decision process regarding new equipment deployment is far more complex. A few days ago we talked briefly about the four components of IPTV deployment: content distribution, middleware, transport infrastructure and customer premise equipment (CPE (http://ticktockstock.com/forum/showthread.php?t=7&page=60)). The white paper below only addresses the last two: transport infrastructure and CPE. The added cost of content distribution and middleware can by themselves, derail IPTV deployment plans.

In February 2008, the World & Ethernet Congress 08 performed the first worldwide interoperability testing of current network backbone and access equipment utilized in both fixed and wirelines applications. The goal behind the testing is to demonstrate interoperability between devices.

http://metroethernetforum.org / PDF_Documents / EANTC-MBH08-WhitePaper-M... (http://metroethernetforum.org/PDF_Documents/EANTC-MBH08-WhitePaper-MWC-Final3.pdf)

To put things into perspective, look at the diagram on pages 6-7. This diagram represents what is required to send a simple voice, video or text message between various fixed or wireless devices… multiplied by many millions!

Notice how the varied network devices are required to interoperate. Note that if there is a snag at any link in the chain, quality of service issues arise and service suffers.

Rim Semi CupriaTM chipsets sit in the green area (access) in for example the Huawei SmartAX MA 5600T (http://www.huawei.com/products/access_network/dslam/ip_dslam.do?card=2) (DSLAM) and the RAD LA 110 (http://www.raddata.com.au/Article/0,6583,16773,00.html) access device (CPE).

Extra points if you can even find these two pieces of equipment in this huge puzzle!
Hint: look at the bottom left hand portion of page 6! :)

Needless to say, once one begins to understand the complexity of sending data or video signals over a worldwide networks, we gain more appreciation for why changes in telecommunications come very slowly and why purchase decisions involve far more than testing CupriaTM chipsets. On the other hand, once a technology is adopted and demonstrated a real solution, it will be equally difficult to displace.

D1;)

[Stoppmann]

The Complexity of Seamless

Rim Semi has made several announcements regarding telecom equipment trials. Some have concern for the seeming delay while waiting for new announcements.http://ticktockstock.com/forum/newreply.php?do=newreply&p=2186

It’s natural to think that once a telco has seen the rm-CDS 6000 field hardened test module and Cupria 5101a line card, it’s simple to transition those results into a purchase order. (read (http://www.rimsemi.com/chipfam.html))

In truth, the telco decision process regarding new equipment deployment is far more complex. A few days ago we talked briefly about the four components of IPTV deployment: content distribution, middleware, transport infrastructure and customer premise equipment (CPE (http://ticktockstock.com/forum/showthread.php?t=7&page=60)). The white paper below only addresses the last two: transport infrastructure and CPE. The added cost of content distribution and middleware can by themselves, derail IPTV deployment plans.

In February 2008, the World & Ethernet Congress 08 performed the first worldwide interoperability testing of current network backbone and access equipment utilized in both fixed and wirelines applications. The goal behind the testing is to demonstrate interoperability between devices.

http://metroethernetforum.org / PDF_Documents / EANTC-MBH08-WhitePaper-M... (http://metroethernetforum.org/PDF_Documents/EANTC-MBH08-WhitePaper-MWC-Final3.pdf)

To put things into perspective, look at the diagram on pages 6-7. This diagram represents what is required to send a simple voice, video or text message between various fixed or wireless devices… multiplied by many millions!

Notice how the varied network devices are required to interoperate. Note that if there is a snag at any link in the chain, quality of service issues arise and service suffers.

Rim Semi CupriaTM chipsets sit in the green area (access) in for example the Huawei SmartAX MA 5600T (http://www.huawei.com/products/access_network/dslam/ip_dslam.do?card=2) (DSLAM) and the RAD LA 110 (http://www.raddata.com.au/Article/0,6583,16773,00.html) access device (CPE).

Extra points if you can even find these two pieces of equipment in this huge puzzle!
Hint: look at the bottom left hand portion of page 6! :)

Needless to say, once one begins to understand the complexity of sending data or video signals over a worldwide networks, we gain more appreciation for why changes in telecommunications come very slowly and why purchase decisions involve far more than testing CupriaTM chipsets. On the other hand, once a technology is adopted and demonstrated a real solution, it will be equally difficult to displace.

D1;)

Interesting artlicle. Shows how complex and integrated the telco system is. How do you find this articles?

[deeba]

President's Letter


Thursday, April 24, 2008


Dear Fellow Shareholders,

Rim Semiconductor Company filed a proxy statement with the SEC in order to bring an important corporate matter to you for a vote. I and the rest of the Board of Directors unanimously agree that the number of shares that the company is authorized to issue should be increased from nine hundred million to four billion. The reasons are simple. We are obligated to reserve shares of common stock for possible future issuance in connection with outstanding options and warrants, and must also reserve sufficient shares to fulfill our obligations to various investors associated with the potential conversion of over $4 Million in convertible notes and debentures. Right now, of our 900 million authorized shares, we only have approximately 175 million shares available for issuance. We need additional shares authorized so that we will have shares available to meet our legal obligations to the holders of these existing convertible securities. Moreover, we also believe that having additional shares of common stock available for issuance, without the delay necessitated by a shareholders meeting, will provide the company with the flexibility to consider and respond to future business opportunities and financial needs as they arise. Why are we authorizing four billion shares? We do not want to have a shareholder vote again to increase our share count for many years to come, if ever.

Every time we have a shareholder vote, we have a meeting. As you will see from the proxy statement, a date, time and location has been set. It will not be like other Rim Semiconductor Company shareholder meetings that you may have attended in the past. Only one representative from Rim Semiconductor Company will be there, and it will have only one agenda item, specifically this vote. Later in the summer, we intend to have our annual shareholder meeting in Portland. We expect that the meeting will include product demonstrations, presentations, guest speakers, investor dinners and perhaps other events. We expect to announce the location and date for the Portland meeting in May.

Sincerely,

Brad Ketch
President and CEO
Rim Semiconductor Company

[destiny1]

Interesting artlicle. Shows how complex and integrated the telco system is. How do you find this articles?


It's amazing what one discovers when SmartAX MA 5600T (http://www.huawei.com/products/access_network/dslam/ip_dslam.do?card=2) is typed into the google search engine I've made available on ticktock.

D1;)

[Stoppmann]

President's Letter


Thursday, April 24, 2008


Dear Fellow Shareholders,

Rim Semiconductor Company filed a proxy statement with the SEC in order to bring an important corporate matter to you for a vote. I and the rest of the Board of Directors unanimously agree that the number of shares that the company is authorized to issue should be increased from nine hundred million to four billion. The reasons are simple. We are obligated to reserve shares of common stock for possible future issuance in connection with outstanding options and warrants, and must also reserve sufficient shares to fulfill our obligations to various investors associated with the potential conversion of over $4 Million in convertible notes and debentures. Right now, of our 900 million authorized shares, we only have approximately 175 million shares available for issuance. We need additional shares authorized so that we will have shares available to meet our legal obligations to the holders of these existing convertible securities. Moreover, we also believe that having additional shares of common stock available for issuance, without the delay necessitated by a shareholders meeting, will provide the company with the flexibility to consider and respond to future business opportunities and financial needs as they arise. Why are we authorizing four billion shares? We do not want to have a shareholder vote again to increase our share count for many years to come, if ever.

Every time we have a shareholder vote, we have a meeting. As you will see from the proxy statement, a date, time and location has been set. It will not be like other Rim Semiconductor Company shareholder meetings that you may have attended in the past. Only one representative from Rim Semiconductor Company will be there, and it will have only one agenda item, specifically this vote. Later in the summer, we intend to have our annual shareholder meeting in Portland. We expect that the meeting will include product demonstrations, presentations, guest speakers, investor dinners and perhaps other events. We expect to announce the location and date for the Portland meeting in May.

Sincerely,

Brad Ketch
President and CEO
Rim Semiconductor Company

Product demonstrations - Now that would be something to see. I wonder if the product will contain the FPGA or ASSP?

[HopefulOne]

I think they've been demo-ing the cds-6000 for a while, so more than likely, that, at least, will be what we see. Just a guess...

[doughjo]

Effective April 19, 2008, the Company entered into amendment agreements with Professional Offshore Opportunity Fund, Ltd. and Generation Capital Associates, two institutions that collectively hold unconverted two-year 7% Senior Secured Convertible Debentures (the “2006 Debentures”) with an aggregate principal amount of $425,000 (the “April 19 Amendments”). In exchange for aggregate cash consideration of $23,181, the April 19 Amendments amend the terms of the two subject 2006 Debentures to extend the maturity date on such debentures until May 10, 2008. The April 19 Amendments also included waivers of any event of default relating to failure to pay amounts due that may have occurred under the terms of such 2006 Debentures prior to the date thereof. The 2006 Debentures originally were due and payable on March 10, 2008.

[doughjo]

We expect that the meeting will include product demonstrations, presentations, guest speakers, investor dinners and perhaps other events. We expect to announce the location and date for the Portland meeting in May.

Blah Blah
Get the money you need and a product on the market asap.
You've wasted enough of our time.

[paulv]

NEW YORK (AP) - Qwest Communications International Inc. (Q) (Q) on Thursday introduced DSL plans with faster download speeds, including one that is the fastest DSL service from a major U.S. phone company.

Qwest is charging $104.99 per month for a download speed of 20 megabits per second. For 12 mbps, it is charging $51.99 per month. The prices are $5 lower when combined with local phone service.

The plans will be available in 23 of Qwest's top markets, the company said. By the end of the year, they will be available to 2 million customers.

Download speeds on DSL, or Digital Subscriber Lines, from other companies generally top out at 10 or 12 megabits per second. Like Qwest's plans, those speeds are only available in some areas, where the local phone company has drawn optical fiber closer to homes to shorten the distance the signal is carried by copper phone lines.

Qwest said it is committed to spending up to $300 million to upgrade its network by drawing fiber into neighborhoods. AT&T Inc. (ATT) is putting billions of dollars into a similar upgrade, which it is using to provide TV service over phone lines.

Verizon Communications Inc. (VZ) (VZ) has chosen a different route, drawing fiber all the way to customers' homes. While its fastest DSL service provides 7 mbps downloads, its fiber Internet service clocks in at 50 mbps.

Cable companies also have been boosting their speeds. Earlier this month, Comcast Corp. (CMCSA) (CMCSA) introduced 50 mbps service for $150 per month in Minnesota's Twin Cities region, where Qwest is the dominant phone company. A check on Qwest's Web site indicated that the 12 and 20 megabit services are available in Minneapolis.

---

http://www.qwest.com

[doughjo]

Doom-filled warnings arrive from AT&T this week. The company says that without substantial investment in network infrastructure, the Internet will essentially run out of bandwidth in just two short years.

Blame broadband, says AT&T. Decades of dealing with the trickle of bandwidth consumed by voice and dialup modems left AT&T twiddling its thumbs. The massive rise of DSL and cable modem service in the 2000s has had AT&T facing a monstrous increase in the volume of data transmissions. And that's set to increase another 50 times between now and 2015. That's enough, says AT&T, to all but crash the system.

In response, AT&T says it's investing $19 billion to upgrade the backbone of the Internet, the routers, servers, and connections where the bulk of traffic is processed.

Of course, AT&T is using this breathlessness in part to point fingers beyond simple broadband use. Web video (especially high-definition video) is the most commonly mentioned bandwidth hog. AT&T says video alone will eat up 80 percent of traffic in two years vs. just 30 percent now. One wonders how YouTube doesn't collapse under the pressure. Hmmm.

Meanwhile, many are wondering whether this is prelude to AT&T announcing (or not announcing, but doing anyway) a traffic prioritization/shaping system like Comcast has been tinkering with... and which has earned it nothing but scorn. Net neutrality (which would forbid premium pricing for certain Internet applications and destinations) is a topic that continues to be hotly debated on Capitol Hill, and telcos are anxious to kill the idea since they'd love to be able to charge additional money for different kinds of web traffic. If the whole Internet is about to crash, well, that makes AT&T's argument all the more compelling, doesn't it?

[destiny1]

Interesting article doughjo. AT&T is echoing Brad's comments spoken at the CTM conference in October 2007. This was a very informative interview! Here it is again for your review.
http://www.ticktockstock.com/pdf/Brad 10-31-07 interview.pdf (http://www.ticktockstock.com/pdf/Brad%2010-31-07%20interview.pdf)

The average connection speed to each home in the U.S. today is less the 1 Mbps.

AT&T's average customer is on a copper loop of about 3,000 feet. CupriaTM chipsets will enable 40 Mbps at 5500 feet. CupriaTM will certainly go a long way toward solving the BB bottleneck.

BTW, here are the specs for the Huawei SmartAX 5100 series (http://www.huawei.com/products/access_network/dslam/atm_ip_compatible_dslam.do)

D1 ;)

[Stoppmann]

Interesting article doughjo. AT&T is echoing Brad's comments spoken at the CTM conference in October 2007. This was a very informative interview! Here it is again for your review.
http://www.ticktockstock.com/pdf/Brad 10-31-07 interview.pdf (http://www.ticktockstock.com/pdf/Brad%2010-31-07%20interview.pdf)

The average connection speed to each home in the U.S. today is less the 1 Mbps.

AT&T's average customer is on a copper loop of about 3,000 feet. CupriaTM chipsets will enable 40 Mbps at 5500 feet. CupriaTM will certainly go a long way toward solving the BB bottleneck.

BTW, here are the specs for the Huawei SmartAX 5100 series (http://www.huawei.com/products/access_network/dslam/atm_ip_compatible_dslam.do)

D1 ;)

You provided a link to the Huawei product. What aspects of this Huawei equipment is of interest to Rim Semi?

[destiny1]

The SmartAX 5100 series (http://www.huawei.com/products/access_network/dslam/atm_ip_compatible_dslam.do) is part of Huawei's access portfolio, specifically their xDSL DSLAM and CPE (set-top box) components.

D1;)

[destiny1]

By the end of 2007Q4, 65 million ports of Huawei SmartAX xDSL, including 51 million ports of IP DSLAM have been deployed in more than 60 countries and regions. To date, Huawei SmartAX FTTx access equipment is serving many leading operators, such as Telefonica, Etisalat, TI, KPN, China Telecom, China Netcom, etc.


Huawei Wins in China
MARCH 07, 2008
SHENZHEN, China -- Huawei Technologies Co., Ltd. ("Huawei"), a leader in providing next-generation telecommunications networks for operators around the world,today announced that it is to supply nearly 40% of China Network Communications Group's (China Netcom's) optical access solutions making it the operator's largest partner in the optical field.
As a partner of the 2008 Beijing Olympic Games, to provide fixed-line communication services, China Netcom decided to centralize the purchase of its optical access equipment to provide ultra-broadband services to end-users. A dozen suppliers in the industry, including Huawei, submitted bids and after rigorous tests China Netcom offered Huawei the biggest share of the work because of its innovative product design, cutting-edge technologies, stable equipment performance and rich experience in commercial applications.
According to the contract, Huawei will provide its world-leading optical access equipment, the SmartAX MA5600T series, to deliver the best optical access experience to China Netcom's broadband users nationwide. The SmartAX MA5600T series is the only system in the industry that enables real blockless terabit full-optical access. It satisfies customer requirements for ultra-wide bandwidth with a unified full-optical access platform to access the PON and P2P traffic, and provides more choices for the customer increasing their user-experience, enabling China Netcom to provide innovative multi-play services to its subscribers, including voice, video and data services.
"We are glad to have this opportunity to provide industry-leading optical access products and solutions to China Netcom," said Yang Zhirong, President of Huawei Access Network Product Line. “We look forward to working with the operator and helping it to increase its network value."
Huawei Technologies Co. Ltd. (http://www.lightreading.com/complink_redirect.asp?vl_id=2430)

[deeba]

http://www.uq.edu.au/news/?article=14603


Australian university research leads to global ICT deal

Published: 07 May 2008

Faster internet speeds with extended distance capabilities will soon be available worldwide, following the signing of a licensing deal with a US-based company for cutting-edge technology developed by researchers from The University of Queensland and the University of Sydney.

When Oregon-based telecommunications technology developer Rim Semiconductor acquired Multi-Carrier Communications, Inc., a wholly-owned subsidiary of Florida-based UTEK Corporation, the stock-based acquisition included an exclusive worldwide licence and research program for a unique signal processing technology jointly developed at the two Australian universities.

The technology transfer, which is believed to be the first of its kind involving Australian electrical engineering technologies and a US-based telecommunications developer, was negotiated by UQ-based UniQuest Pty Ltd, Australia's largest international commercialiser of university research and expertise, and open innovation company UTEK. UTEK connects clients with intellectual property licensing opportunities in more than 2,000 universities, research laboratories and companies around the world.

Identified as a “low complexity method” which enhances the capacity of copper wire-based broadband services, the technology has particular applications where high-quality broadband transmission of multimedia files is required The technology involves a method of signal processing that reduces the Bit Error Rates (BER) by limiting the Peak-to-Average-Ratio (PAR) to about 10% of what typically occurs in current technologies.

According to the inventors, a high BER is undesirable as it limits the bandwidth of the transmission system as data must be retransmitted to compensate for losses.

“Digital subscriber line (DSL) technology is today the primary vehicle for broadband internet delivery to the home. As the consumer demands ever higher bandwidths and the service provider seeks to offer the `triple play' of phone, internet and television in one broadband service, the demands and cost of equipment will rise dramatically,” said Associate Professor Vaughan Clarkson from UQ's Faculty of Engineering, Physical Sciences and Architecture.

“As always, there is a bottle neck in the copper wire 'data pipe' connecting the home and service provider's equipment. As bandwidths expand, the 'standard' DSL signals on the wires experience larger and larger voltage swings. These large voltage swings are very problematic because they require expensive electronics to generate, or high complexity computation to avoid. Otherwise, the signals will experience clipping at the peaks, thus rendering the service unreliable.

“The signalling technique Dr Iain Collings and I developed actually requires less computational processing and at the same time dramatically reduces the signal's peak-to-average ratio. By limiting the typical PAR to about 10% of typical values in current use, the BER is reduced and bandwidth is more efficiently exploited. Data rates have been shown to be up to 30% higher,” Associate Professor Clarkson said.

UniQuest's Managing Director Mr David Henderson said the licensing deal was significant for the Australian team on several levels.

“As well has providing an additional revenue stream to boost their work in this area, this licensing agreement has presented the researchers with an outstanding opportunity to take their innovations to a global market and have a positive impact on meeting the communication needs of millions of people worldwide. We are very proud to be part of the project team that has made this happen,” Mr Henderson said.

Rim Semiconductor develops technology for telecommunications companies to deliver bandwidth-hungry multimedia applications, such as video, voice, and data services with lower network costs. The company's technical team will develop the Australian technology further for the benefit of the 1 billion + end users who rely on the performance of copper-based infrastructure to achieve their communication and business goals.

“We believe the unique capabilities of the acquired signal processing algorithm, combined with our current technology, will mean telephone companies around the world may soon be able to offer many more of their customers enhanced video and data services,” said Mr Brad Ketch, Rim Semiconductor's Chief Executive Officer.

"UTEK is pleased to consummate this technology transfer with Rim Semiconductor," said Mr Joel Edelson, Vice President of Technology Licensing at UTEK Corporation.

A research contract for further work with Rim Semiconductor on the technology's development was included in the licensing agreement.

Associate Professor Clarkson is currently a Reader in Electrical Engineering and research academic in the School of Information Technology and Electrical Engineering at UQ. Dr Iain Collings is an Honorary Associate Professor in the Telecommunications Laboratory at the University of Sydney and CEO Science Leader - Communications & Signal Processing, in the Wireless Technologies Lab at the
CSIRO ICT Centre.

Media inquiries: Leanne Wyvill (3365 4037, 0409 767 199).

[doughjo]

Rim Semiconductor Company and Major Target Customers Converge at NXTcomm08
Tuesday May 13, 11:59 am ET

PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB:RSMI - News), a company that develops technology for telecommunications service providers, is converging with major target customers at NXTcomm08. Rim Semi’s Cupria™ transport processor drives video, internet and voice traffic at 40 megabits per second (Mpbs) 5,500 feet (1.67km) on 26AWG (0.40mm) telephone wire. Existing digital subscriber line technologies are able to drive data 15 Mbps at this distance on this wire type. Service providers that power their networks with Cupria™ can reach more customers with IPTV service, and at lower cost, than they can with competing transport processors.

ADVERTISEMENT
NXTcomm08 is the world telecommunications industry’s largest trade show. Rim Semi is conducting presentations and business discussions with its present and target customers in private sessions June 17-19 at the Las Vegas Convention Center.

“Our Cupria™ product, which is based on the emerging IPSL standard, is of intense interest to many telephone companies,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company. “NXTcomm08 is a tremendous environment for reaching these decision-makers.”

About Rim Semiconductor Company

Rim Semiconductor Company (OTCBB:RSMI - News) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company’s products allow data to be transmitted at greater speed and across extended distances over existing copper wire—all with the highest quality of service—for a better end-user experience. For more information, visit www.rimsemi.com.

With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward looking statement in this press release in order to reflect events or circumstances that may arise in the future.


Contact:

Rim Semiconductor Company
Brad Ketch, 503-257-6700

[destiny1]

“Our Cupria™ product, which is based on the emerging IPSL standard, is of intense interest to many telephone companies,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company.

D1;)

[doughjo]

NXT comm08 is the world telecommunications industry’s largest trade show. Rim Semi is conducting presentations and business discussions with its present and target customers in private sessions June 17-19 at the Las Vegas Convention Center.

[Stoppmann]

Press Release Source: Rim Semiconductor Company

Rim Semiconductor Company Chosen by Teleconnect

Wednesday May 14, 6:00 am ET

PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB:RSMI - News), a company that develops technology for telecommunications service providers, is pleased to announce that Teleconnect GmbH of Dresden, Germany, has chosen its Cupria™ transport processor for its new product line of high-speed data equipment. This new family of gigabit Ethernet transport equipment is being developed by Teleconnect at the request of a large European customer, which has not yet been formally announced by Teleconnect.

The technical teams at Teleconnect and Rim Semi believe that Rim Semi’s Cupria™ technology, combined with Teleconnect’s unique technology, could deliver a performance breakthrough versus existing technologies. Cupria will, in this application, displace a VDSL2 chipset that was previously used by Teleconnect in its first, second and third generation products.

“We evaluated existing VDSL2, ADSL2, and ADSL2+ chipsets, and found that they were incapable of meeting our customers’ needs. Only Cupria™ is capable of the performance that we require, and we look forward to working with Rim Semi to deliver a compelling new system to our customers with Cupria™ inside,” stated Dr. Andreas Bluschke, General Manager of Teleconnect GmbH.

“Teleconnect is well known in Europe for its leading-edge engineering skills and excellent customer relationships,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company. “We are pleased to work with them to deliver a breakthrough solution to its customers.”

About Rim Semiconductor Company

Rim Semiconductor Company (OTCBB: RSMI - News) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company’s products allow data to be transmitted at greater speed and across extended distances over existing copper wire — all with the highest quality of service — for a better end-user experience. For more information, visit www.rimsemi.com.

With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward looking statement in this press release in order to reflect events or circumstances that may arise in the future.

About Teleconnect

Teleconnect GmbH is an R & D company specialized on access and optical networks. Teleconnect was founded in 1990 and is privately owned since 1991. With a staff of nearly 30 high qualified hardware and software engineers, Teleconnect has developed a large number of analogue and digital transmission systems and measurement equipment for different European customers. For more information, visit www.teleconnect.de.

Contact:
Rim Semiconductor Company
Brad Ketch, 503-257-6700
info@rimsemi.com

--------------------------------------------------------------------------------
Source: Rim Semiconductor Company

[mjarizona]

Rim Semiconductor Company Chosen by Teleconnect
Wednesday May 14, 6:00 am ET


PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB:RSMI - News), a company that develops technology for telecommunications service providers, is pleased to announce that Teleconnect GmbH of Dresden, Germany, has chosen its Cupria™ transport processor for its new product line of high-speed data equipment. This new family of gigabit Ethernet transport equipment is being developed by Teleconnect at the request of a large European customer, which has not yet been formally announced by Teleconnect.

The technical teams at Teleconnect and Rim Semi believe that Rim Semi’s Cupria™ technology, combined with Teleconnect’s unique technology, could deliver a performance breakthrough versus existing technologies. Cupria will, in this application, displace a VDSL2 chipset that was previously used by Teleconnect in its first, second and third generation products.

“We evaluated existing VDSL2, ADSL2, and ADSL2+ chipsets, and found that they were incapable of meeting our customers’ needs. Only Cupria™ is capable of the performance that we require, and we look forward to working with Rim Semi to deliver a compelling new system to our customers with Cupria™ inside,” stated Dr. Andreas Bluschke, General Manager of Teleconnect GmbH.

“Teleconnect is well known in Europe for its leading-edge engineering skills and excellent customer relationships,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company. “We are pleased to work with them to deliver a breakthrough solution to its customers.”

About Rim Semiconductor Company

Rim Semiconductor Company (OTCBB: RSMI - News) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company’s products allow data to be transmitted at greater speed and across extended distances over existing copper wire — all with the highest quality of service — for a better end-user experience. For more information, visit www.rimsemi.com.

With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward looking statement in this press release in order to reflect events or circumstances that may arise in the future.

About Teleconnect

Teleconnect GmbH is an R & D company specialized on access and optical networks. Teleconnect was founded in 1990 and is privately owned since 1991. With a staff of nearly 30 high qualified hardware and software engineers, Teleconnect has developed a large number of analogue and digital transmission systems and measurement equipment for different European customers. For more information, visit www.teleconnect.de.



Contact:
Rim Semiconductor Company
Brad Ketch, 503-257-6700
info@rimsemi.com

--------------------------------------------------------------------------------
Source: Rim Semiconductor Company

[destiny1]

Great News!

Teleconnect is a major partner with Deutsche Telecom in Germany.
(read (http://www.teleconnect.de/EN/html/universities.html))

For those who have exclusive access, this would be a good time to review the major worldwide telecom players in the prospectus.

Deutsche Telecom represents over 40 million wirelines. That is roughly the size (in wirelines) of AT&T and is the largest telecom by revenue in Europe!

D1;)

[destiny1]

Question from poster?

"This new family of gigabit Ethernet transport equipment is being developed by Teleconnect at the request of a large European customer, which has not yet been formally announced by Teleconnect."

Is this a new product? Or are they going to use Cupria 5101a?

Gigabit Ethernet is for business application - Teleconnect will modify CupriaTM for delivery over corporate ethernet applications. The MEF Forum is working to insure interoperability for these applications. Many US carriers, Embarq, AT&T, and Verizon are also working in this arena. This is in addition to home wireline application.

D1;)

[McCloud]

Good volume response. No price appreciation yet. That will probably require some numbers with actual orders.

I bought more. Just can't resist at this blue light special.
Ernie

[doughjo]

We evaluated existing VDSL2, ADSL2, and ADSL2+ chipsets, and found that they were incapable of meeting our customers’ needs. Only Cupria™ is capable of the performance that we require,

Already evaluated. Orders soon.

[destiny1]

We evaluated existing VDSL2, ADSL2, and ADSL2+ chipsets, and found that they were incapable of meeting our customers’ needs. Only Cupria™ is capable of the performance that we require,

Already evaluated. Orders soon.


Over 11 million shares changing hands in the last two days! With the stock trading sideways it looks like a lot of accumlation goin on!

D1;)

[destiny1]

Excerpt from yesterday’s PR:

“We evaluated existing VDSL2, ADSL2, and ADSL2+ chipsets, and found that they were incapable of meeting our customers’ needs. Only Cupria™ is capable of the performance that we require, and we look forward to working with Rim Semi to deliver a compelling new system to our customers with Cupria™ inside,” stated Dr. Andreas Bluschke, General Manager of Teleconnect GmbH.

Dr. Bluschke’s statement speaks volumes regarding the market potential of CupriaTM chipsets. His remarks also represent the second public declaration by a major telecom of Cupria’sTM prowess.


VDSL2, ADSL2, and ADSL2+ represent virtually the entirety of the DSL offering worldwide.

For the last four quarters ending 3Q07, ADSL port shipments represented over 90% of the more than 102 million DSL ports shipped worldwide.(read (http://www.broadbandtrends.com/Report_Summary/2007/BBT_3Q07DSLMktShare_071350_TOC_UPDATE.pdf))


In a nutshell, major telecoms in both Germany and China have declared CupriaTM chipsets outperform the DSL incumbents, incumbents which amassed over a billion dollars in sales last year. Teleconnect (likely Deutsche Telecom, the largest telecom by revenue in Europe) and a major Chinese Telecom (likely China Netcom) have begun the process of supplanting the incumbents with CupriaTM.


The question that remains is: What percentage of a billion dollar annual market will CupriaTM chipsets command?

No wonder the RSMI trading volume has gone through the roof of late.

D1;)

PS - Note: DSL port shipments declined in EMEA (Europe, Middle East, Africa). This could be significant. As interest in CupriaTM / IPSL continues to grow worldwide, equipment makers will decrease orders for ADSL/VDSL ports (thereby using up existing inventories) in preparation for CupriaTM. By watching for changes in ADSL/VDSL port shipments we may get an hint of future CupriaTM deployment plans. We already know some telcos have stopped ordering VDSL 2 chips.

[McCloud]

We evaluated existing VDSL2, ADSL2, and ADSL2+ chipsets, and found that they were incapable of meeting our customers’ needs. Only Cupria™ is capable of the performance that we require, and we look forward to working with Rim Semi to deliver a compelling new system to our customers with Cupria™ inside,” stated Dr. Andreas Bluschke, General Manager of Teleconnect GmbH.

One additional thing to note is that teleconect's target market is in VDSL2's etc strength market of short distance ethernet. That means that even where the range is short enough for vdsl2 and adsl+ to give them comparable MBS the quality of the signal is lacking ( for video purposes.) If Cupria can best them in this arena then those who need greater range should be a shoe in.

Okay, let's see some numbers ie volume of orders and dollar signs attatched so the first volume orders to TSMC can have actual and significant impact on our sgareprice.

Ernie

[Stoppmann]

Press Release Source: Rim Semiconductor Company

Rim Semiconductor's Marketplace Experiencing Rapid Growth
Wednesday May 21, 6:00 am ET

PORTLAND, Ore.--(BUSINESS WIRE)--The marketplace for the product that Rim Semiconductor Company (OTCBB:RSMI - News) makes is benefiting from a rapid expansion in spending at the world’s wireline telephone companies. The company believes that the market for broadband chipsets is increasing from $1.3 billion in 2007 to $1.5 billion in 2008.

The market for Rim Semi’s product is increasing because its end customers, the wireline telcos, are increasing their capital expenditures. According to Ovum, wireline telco capital expenditures in the fourth quarter 2007 increased by 12.6% to $8.8 billion versus $7.8 billion one year ago. Rim Semi’s estimation of the chipset market size is based on private surveys, analyst reports and publicly available data.

Rim Semi’s Cupria™ transport processor drives video, Internet and voice traffic at more than 40 megabits per second (Mpbs) 5,500 feet (1.67km) on 26AWG (0.40mm) telephone wire. Existing technologies are only able to drive data 15 Mbps at this distance on this wire type. Wireline telcos that power their networks with Cupria™ can reach more customers with IPTV service, and at lower cost, than they can with competing transport processors.

“When telcos spend at this rate, it means that they see a strong future for their copper wire infrastructure,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company. “Our product, the Cupria™ transport processor, benefits from this new wave of investment”.

About Rim Semiconductor Company

Rim Semiconductor Company (OTCBB:RSMI - News) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company’s products allow data to be transmitted at greater speed and across extended distances over existing copper wire—all with the highest quality of service—for a better end-user experience. For more information, visit www.rimsemi.com.

Forward-Looking Statements

With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward looking statement in this press release in order to reflect events or circumstances that may arise in the future.

Contact:
Rim Semiconductor Company
Brad Ketch, 503-257-6700
info@rimsemi.com

--------------------------------------------------------------------------------
Source: Rim Semiconductor Company

http://biz.yahoo.com/bw/080521/20080521005341.html?.v=1

[destiny1]

Looks like the Who's Who in telecom with be at NXT Comm08 (http://www.nxtcommshow.com/keynotes.html)next month in Las Vegas.

D1;)

[Stoppmann]

Any speculation as why there is such a fluctation in stock price and larger than normal trading volume.

[destiny1]

Any speculation as why there is such a fluctation in stock price and larger than normal trading volume.

In a nutshell, accumlation (http://www.investopedia.com/terms/a/accumulationdistribution.asp)! In trading lingo, stock is moving into stronger hands. Debenture holders selling and long term investors buying.

D1;)

[McCloud]

In a nutshell, accumlation (http://www.investopedia.com/terms/a/accumulationdistribution.asp)! In trading lingo, stock is moving into stronger hands. Debenture holders selling and long term investors buying.

D1;)

It's hard to reconcile "accumulation" and "moving into stronger hands" and seeing the price moving downward.
Ernie

[doughjo]

This is absolutely ridiculous.
..005 next stop

[destiny1]

This speaks directly to the Rim Semi Teleconnect deal!

Metro Ethernet continues strong growth

Infonetics' projections on metro Ethernet equipment market
Network Architecture Alert (http://www.networkworld.com/newsletters/lans/index.html) By Jeff Caruso (http://www.networkworld.com/Home/jcaruso.html) , Network World , 05/13/2008

Worldwide sales of metropolitan Ethernet equipment rose 27% last year to $13 billion, and Infonetics Research is forecasting the market to continue growing at double-digit rates over the next four years.

Infonetics says that each year, more Ethernet equipment is being deployed by carriers where SONET/SDH or ATM equipment was previously installed. Worldwide metro Ethernet ports reached 40.5 million last year.
Read the latest WhitePaper - Monitor the core and troubleshoot the access layer with integrated network analysis solutions (http://www.networkworld.com/rxc/133660/nw_art_lws_ata_s1)
In fact, by 2012, the majority of access and aggregation equipment that carriers are installing around the world will be based on IP, Ethernet and wave division multiplexing, rather than SONET/SDH, according to the research firm.
Adding to the weight of the prediction is the fact that many carriers are conducting interoperability tests on "all sorts of Ethernet products," Infonetics says.
Want to compare LAN/WAN management products? Visit the IT Buyer's Guides now. (http://www.nww.com/buyersguides/)
Infonetics also predicts that sales of Ethernet access devices will nearly quadruple from 2007 to 2011; leading that market are ADVA Optical, RAD Data and Adtran.
Routers, carrier Ethernet switches, Ethernet over DSL, and Ethernet over optical are the hottest-selling technologies. But Infonetics says the fastest-growing metro Ethernet technology is Ethernet microwave, which is used to support mobile backhaul. Infonetics notes that Ethernet microwave is used for at least 55% of the mobile backhaul connections in the world.
The research firm also notes that the Americas aren't adopting Ethernet in the metro area as fast as other parts of the world. Asian service providers in particular are embracing the technology with gusto. China is laying fiber all over the place; its spending is a full 43% of the $3.4 billion spent on optical hardware in 2007 by Asia Pacific countries.

[doughjo]

New lawsuit
5/29/2008 SUMMONS ISSUED-RIM SEMICONDUCTOR COMPANY HANDED TO THE ATTY RUNNER 0 None
5/29/2008 COMPLAINT Receipt: 435863 Date: 05/29/2008 0 None
5/29/2008 CIVIL COVER SHEET

http://clerk.co.sarasota.fl.us/srqapp/civdetail.asp?tb_searchby=Case+Type&tb_searchfor=2008+CA+008486+NC

[Stoppmann]

Excerpt from yesterday’s PR:

“We evaluated existing VDSL2, ADSL2, and ADSL2+ chipsets, and found that they were incapable of meeting our customers’ needs. Only Cupria™ is capable of the performance that we require, and we look forward to working with Rim Semi to deliver a compelling new system to our customers with Cupria™ inside,” stated Dr. Andreas Bluschke, General Manager of Teleconnect GmbH.

Dr. Bluschke’s statement speaks volumes regarding the market potential of CupriaTM chipsets. His remarks also represent the second public declaration by a major telecom of Cupria’sTM prowess.


VDSL2, ADSL2, and ADSL2+ represent virtually the entirety of the DSL offering worldwide.

For the last four quarters ending 3Q07, ADSL port shipments represented over 90% of the more than 102 million DSL ports shipped worldwide.(read (http://www.broadbandtrends.com/Report_Summary/2007/BBT_3Q07DSLMktShare_071350_TOC_UPDATE.pdf))


In a nutshell, major telecoms in both Germany and China have declared CupriaTM chipsets outperform the DSL incumbents, incumbents which amassed over a billion dollars in sales last year. Teleconnect (likely Deutsche Telecom, the largest telecom by revenue in Europe) and a major Chinese Telecom (likely China Netcom) have begun the process of supplanting the incumbents with CupriaTM.


The question that remains is: What percentage of a billion dollar annual market will CupriaTM chipsets command?

No wonder the RSMI trading volume has gone through the roof of late.

D1;)

PS - Note: DSL port shipments declined in EMEA (Europe, Middle East, Africa). This could be significant. As interest in CupriaTM / IPSL continues to grow worldwide, equipment makers will decrease orders for ADSL/VDSL ports (thereby using up existing inventories) in preparation for CupriaTM. By watching for changes in ADSL/VDSL port shipments we may get an hint of future CupriaTM deployment plans. We already know some telcos have stopped ordering VDSL 2 chips.

The other question is WHEN?. A close of $0.0065/share today is just pathetic.

[McCloud]

I would understand the huge volumes of late after the teleconnect PR. Especially if people were buying in because of it. I don't understand the price moving down or how outstanding shares could be available at these prices.

Ernie

[destiny1]

Tremendous volume today, over 13 million shares traded! Looks like more of the same, debenture holders selling and new investors accumulating their shares at pennies on the dollar. I'll post more tonight in the exclusive section.

D1 ;)

[destiny1]

Just in from Brad:



Hi George,

Hope that you and yours are doing well. I thought that I would drop you a quick note that you are free to post or to pass along to anyone that you wish to.

We have received many calls at the office regarding the two shareholders’ meetings. The one that is scheduled for tomorrow morning in Dallas will likely run about ten minutes or so. No one from Rim Semi is physically attending, but will instead be on a speakerphone. There will not be a question-and-answer period, and the legal staff that are physically attending are not authorized to comment on anything related to the company. Although any registered shareholder is entitled to attend the meeting in person, we just want to make sure that he or she knows that we will not be there.

The other meeting – the one that we are encouraging people to attend – will be in Portland. I had hoped to have reserved a hotel and set a date by now, but I have not done so. We are conserving cash very tightly right now, and I just cannot spend money on a shareholders’ meeting right now. In years past it has cost us more than $40,000 to hold it because we have so many people who want to attend. I smiled the other day when I read in the Wall Street Journal that Ford Motor Company had 52 people attend their annual meeting. I think that we had more than twice that last year!

When our cash situation clears up, we’ll book the hotel and announce it to everyone. It is still possible that it will be this summer.

Brad Ketch

[destiny1]

For members who have access to the exclusive content, I've posted my "perspective" regarding recent events.

D1;)

[HopefulOne]

I hope your perspective is right...

H.1.

[destiny1]

Talked to Ray, the outstanding share increase passed and it wasn't even close. I'll post the final numbers when they come in.

D1;)

[McCloud]

I hope your perspective is right...

H.1.

I hope the perspective is right also. It speaks directly to previous question. I still don't understand people selling now at a significant loss.

Ernie

[destiny1]

Rim Semiconductor Company Receives $1 Million Purchase Order

Wednesday June 4, 6:00 am ET

PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB:RSMI (http://finance.yahoo.com/q?s=rsmi.ob&d=t) - News (http://finance.yahoo.com/q/h?s=rsmi.ob)), a company that develops technology for telecommunications service providers, is pleased to announce that it has received a purchase order for $1,050,000. The customer is a manufacturer of equipment that is used in the telecom and data industry.


The order is for the Cupria™ transport processor, which is capable of higher data speeds, over longer distances, than competing transport processors. Rim Semi believes that this customer will order more products in the future. “We are pleased to have been selected for an important data networking product that will be sold around the world,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company.



About Rim Semiconductor Company
Rim Semiconductor Company (OTCBB:RSMI (http://finance.yahoo.com/q?s=rsmi.ob&d=t) - News (http://finance.yahoo.com/q/h?s=rsmi.ob)) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company’s products allow data to be transmitted at greater speed and across extended distances over existing copper wire—all with the highest quality of service—for a better end-user experience. For more information, visit www.rimsemi.com (http://www.rimsemi.com/).
Forward-Looking Statements With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semi is currently seeking additional financing necessary to enable it to fulfill this order. It will not recognize revenues from the order until it obtains such financing and builds and ships the ordered products. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward-looking statement in this press release in order to reflect events or circumstances that may arise in the future.

[McCloud]

Rim Semiconductor Company Receives $1 Million Purchase Order

Wednesday June 4, 6:00 am ET

PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB:RSMI (http://finance.yahoo.com/q?s=rsmi.ob&d=t) - News (http://finance.yahoo.com/q/h?s=rsmi.ob)), a company that develops technology for telecommunications service providers, is pleased to announce that it has received a purchase order for $1,050,000. The customer is a manufacturer of equipment that is used in the telecom and data industry.


The order is for the Cupria™ transport processor, which is capable of higher data speeds, over longer distances, than competing transport processors. Rim Semi believes that this customer will order more products in the future. “We are pleased to have been selected for an important data networking product that will be sold around the world,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company.

I believe this may be the start of what we have all been waiting for. It would have been nice to have been given more info. I trust that this is enough of an order to start the presses at TSMC. Also it may be enough to finalize the additional finanacing needed to pay the bills until this order and the ones following roll into actual revenue received.
Ernie

[deeba]

See the bolded section.

deeba:cool:


Trailblazer competition rewards innovative ideas with cash prizes

Published: 03 June 2008

Applications are now open for UQ staff and students to submit their entrepreneurial ideas or early stage research projects for UniQuest's annual Trailblazer competition, which offers $40,000 in cash prizes to move innovative ideas forward.

For six years UniQuest has run Trailblazer as a means of identifying and rewarding original and innovative ideas which have the potential to benefit the community, industry or business as well as generate a financial return.

The chance to win prizes in both Open and Student categories is complemented by the opportunity for finalists to learn how to develop their proposals into five-minute presentations, which will then be pitched to a panel of commercialisation experts.

According to David Henderson, UniQuest's Managing Director, Trailblazer aims to stimulate and motivate entrepreneurial activity, with entries encouraged from all UQ research disciplines, whether they relate to businesses, products, services or scientific and communication technologies.

“Through Trailblazer, UniQuest helps university researchers to have their ideas profiled, especially those that could make a significant impact on the world,” Mr Henderson said.

“Working with UniQuest staff to refine their pitches can help finalists develop a better awareness of the commercial prospects for their work.

"The practice of putting their ideas together and pitching them to the panel can attract expressions of interest from potential investors and licensing partners.

"We are currently working with a number of previous finalists to drive their successful ideas into rewarding commercial ventures.”

Dr Vaughan Clarkson from the School of ITEE entered his low-complexity signalling method for the transmission of multi-media files along copper wire-based broadband services in a previous Trailblazer competition.

In March this year Dr Clarkson's technology was licensed to US-based telecommunications developer, Rim Semiconductor. A research contract for further work on the technology's development was included in the licensing agreement.

The commercialisation of Dr Clarkson's intellectual property will benefit more than one billion end users around the world who rely on the performance of copper-based infrastructure to achieve their communication and business goals.

Dendrimed Pty Ltd is a start-up company formed around technology that was submitted to Trailblazer by the AIBN's Dr Michael Monteiro and Dr Mike Whittaker. With UniQuest's support the company attracted a COMET grant towards developing next-generation polymer nanostructures for in vivo drug delivery, and the company recently signed a term sheet for pre-seed investment funding.

Mindfields, a self-regulatory intervention for at-risk adolescents developed by Associate Professor Annemaree Carroll from the School of Education, impressed the 2006 Trailblazer judging panel.

Mindfields' use of interactive DVDs, journal writing, social modelling activities, inspirational testimonies, and one-on-one counselling coupled with involvement of a support person, reflected an innovative and insightful approach to the challenge of helping young people make informed choices about their behaviour.

With trials successfully completed in 2007, UniQuest is now working with the researchers to commercialise this valuable intervention.

Other winning Trailblazer entries include:

• A product to help address medication swallowing difficulties
• A novel treatment for Type 1 Diabetes
• A biomaterial to prevent tumour metastasis to bone
• A cardiac muscle patch for heart failure reversal/prevention
• An customer behaviour-based data analysis method to detect and predict non-technical power utility losses
• A neonatal hearing screening device
• A biological control for one of Australia's top 20 weeds
• A singing guide for first-time mothers
• A series of tests to measure social skills and self-awareness in people with brain injury
• A smart microphone for recording clear signals in noisy environments
• An audiovisual monitor for clinicians to better monitor depths of anaesthesia
• An advanced engine optimisation control system

Applications for this year's Trailblazer must be submitted online and close on 25 June 2008. Finalists will be shortlisted on 9 July, with the winners announced on 22 July following the finalists' pitches to the judging panel. More information is available on the UniQuest website: www.uniquest.com.au.

Media inquiries: Leanne Wyvill (3365 4307, 0409 767 199).

[destiny1]

I believe this may be the start of what we have all been waiting for. It would have been nice to have been given more info. I trust that this is enough of an order to start the presses at TSMC. Also it may be enough to finalize the additional finanacing needed to pay the bills until this order and the ones following roll into actual revenue received.
Ernie

We all hope you are correct Ernie! This PR may also imply a funding announcement is near. If there is not a lot of selling into this news, the debenture holders may have been bought out. New funding would have enabled that to occur.

D1;)

[Stoppmann]

We all hope you are correct Ernie! This PR may also imply a funding announcement is near. If there is not a lot of selling into this news, the debenture holders may have been bought out. New funding would have enabled that to occur.

D1;)

Haven't these previous finance packages contained two types of shares - one that is at a fixed price (warrants) and other that with a price that floats (debentures)? IMO opinion, the shares that have been recently traded are shares that are priced at a discount to the market. The investors have no money too loose because their price is always below the market. It's possible, but I don't think that the shares that have been traded are the warrants that are priced at a much higher value. If that was the case, then the investors of these finance deals would be taking a loss. All IMHO.

[destiny1]

Haven't these previous finance packages contained two types of shares - one that is at a fixed price (warrants) and other that with a price that floats (debentures)? IMO opinion, the shares that have been recently traded are shares that are priced at a discount to the market. The investors have no money too loose because their price is always below the market. It's possible, but I don't think that the shares that have been traded are the warrants that are priced at a much higher value. If that was the case, then the investors of these finance deals would be taking a loss. All IMHO.


Hello Stopp,

Whether the debenture/warrant price is fixed or floats is a not germane to the point at this stage. Once debentures are converted to shares, they trade like any share you or I may own.

The conversion price only determines the number of shares given to the lenders (debenture holders) in exchange for the money loaned Rim Semi.

Because the majority of the 2005 and 2006 debentures have been converted, it is virtually impossible to determine how many remain for sale on the open market. Only the shareholder has that information.

D1;)

[smtm]

IS THERE ANYBODY ELSE FEELING THAT WE ARE ON THE TITANIC.:eek:

[doughjo]

28m traded today and a new low.
its only going to get worse till rim achieves financing.

[doughjo]

http://biz.yahoo.com/e/080606/rsmi.ob8-k.html

[jjz34]

As if the .003 shareprice wasn't a hard enough kick in the nuts...

[destiny1]

Friday, June 6, 2008

Dear Fellow Shareholders,

I am pleased to report to you that the proposal to increase our authorized share count was approved by an overwhelming percentage of voters. 91% voted ‘yes’, and 9% voted ‘no’ or abstained. I appreciate the show of support from you for this proposal.
Our announcement this week of our first $1 million purchase order caused some excitement with our investors, the media and customers. On the day of the announcement our stock experienced a dramatically higher volume and swing in price. This order was secured by David Wojcik shortly before he resigned as a way of completing an important sales initiative that he had been working on for some time. I believe that this customer will place additional large orders with us, and that many of the other customers that David had been working on will place their first orders in the future.
Cash flow continues to be an issue. I bring it to your attention because it helps explain why some events occur, including David Wojcik’s resignation. He, like me and Ray Willenberg, had missed several paychecks. He has joined another technology startup that is fully funded. David remains a close friend and a cheerleader for Rim Semiconductor, and I am confident that his accomplishments have formed a base from which we can experience growth. For now I will assume all of the sales, marketing and business development roles. This is my professional background, so the transition is easy. It seems to me at this time that our relationships with our customers will continue uninterrupted and moving forward in a positive way.
We continue to make contacts with prospective investors; give detailed information about our technology, customers and operations; negotiate term sheets; and work toward closing new financing. I am optimistic that the right investor will emerge for our needs. Every step in our development, like securing our first $1 million order, takes us closer to our success.

Sincerely,

Brad Ketch
President and CEO
Rim Semiconductor Company

[destiny1]

At the dawn of the American Revolution Thomas Paine wrote: “These are the times that try men’s souls”

This simple quotation sums the current conditions surrounding Rim Semiconductor’s ongoing pursuit to bring the CupriaTM transport processor, a revolutionary DSL technology, to market.

This past week we’ve learned the 2007 debenture holders have begun to covert and sell their shares on the open market. This has created tremendous trading volume. Over the past 10 days Rim Semiconductor has averaged over 11 million shares in daily trading volume.


Some may wonder, why do the debenture holders sell at these prices? It’s simple. They can sell at a 25% discount to whatever the current market price. They have no long term perspective on company growth and development. As long as there is sufficient trading volume, the debenture holders make money… today.

This also implies several other things. The debenture holders do not want the volume to slow, nor do they want the stock price to go to zero. Neither occurance supports their cause. The debenture holders would be very content to allow the stock price to languish in these regions while they unload shares. The 1/31/08 10Q revealed the 2007 debenture holders owned about 160 million shares. This doesn’t imply all the shares will be sold at this time, in fact there are clauses in the the contract which inhibit among other things the debenture holders from holding more than 4.99% of the shares outstanding at any one time. Nevertheless, nearly 100 million shares were traded this past week alone!


Dave Wojcik, Rim Semi’s talented sales VP resigned to join another startup, Phylogy. Phylogy markets a less robust DSL technology but is privately held and therefore fully funded. With young children, few could criticize Dave’s decision.

Many question why obtaining funding is still a challenge. Of the two primary ways to birth a startup, publicly or privately, Rim Semiconductor has chosen by far the more difficult path… but an ongoing opportunity for the public investor.

It is no secret that Rim Semi’s previous CEO wanted to remove the company from the public sector and go private. The reasoning was sound. The regulatory and disclosure requirements including costs and public scrutiny are so much greater for public companies; many only choose this path if there is no other way to raise funding. Because Rim Semi was public at the tech’s introduction, the decision was already made.

For the sake of the shareholder Rim Semi’s current management has consistently rejected the private option. IMO, this has certainly hampered their fund raising efforts. rim Semi has been approached many many times by private entities that would gladly fund this enterprise on the condition they take the company private. Though this is a legal option, it would also erase the equity position of every current shareholder!

But what about using other telecoms or public entities as funding sources? Certainly they recognize the superiority of the technology! This is a true statement. But consider this: Rim has steadfastly maintained the technology will be marketed worldwide to all takers. Companies are very unlikely to fund a product which will aid its competitors.

The bottom line: Rim Semi is in the process of developing not only a technology but a corporation which will have worldwide impact. And they are doing so on a shoestring with the goal of maintaining shareholder value. Are their easier ways, certainly? But is there an easier way without hurting the thousands of shareholders who have sacrificed over the last 10 years to keep the company afloat and without limiting the techs marketing potential, unlikely.


To the management’s credit, they have maintained a more global perspective. And they are doing so to their own hurt.

Had they chosen the seemingly more prudent route by going private, the shareholder would not be here to experience these times that try.

The opportunity would no longer exist.

Brad has assured us that the current portfolio of customers is sufficient to sustain us until new funding manifests. Then maybe Dave will return.

So until then we remain.

Again quoting Thomas Paine: "yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives every thing its value. Heaven knows how to put a proper price upon its goods; and it would be strange indeed if so celestial an article as FREEDOM should not be highly rated." The Crisis, December 23, 1776.

D1;)

[doughjo]

Over the past several years Rim Semiconductor has encountered many large obstacles (I will call these hurdles) and also many other smaller ones (I will call these speed bumps) that have set back the completion of their technology and the incoming prosperity that would result from it. But each and every time when investors, competitors and the media thought Rim was on the verge of collapses they used their tenacity and persistence to overcome the odds and rise to new levels of success.

What will unfold over the next several weeks will amaze both naysayers and optimists alike. Only 2 or 3 speed bumps remain and only ONE hurdle remains. After that, Rim will be accelerating at lightening speed. Orders will be coming in. Projects will be progressing. Installations will be complete. Revenue/Profit will be rolling in by the millions. Think about this: Rim has literally hung on by a thread these past few years and I cannot even fathom seeing them collapse now – it would make no sense whatsoever either financially or philosophically. Can one really think they will collapse when only one hurdle remains? Folks, the official ‘birth’ of Cupria is about to come to fruition and it will have a global impact in the technology world.

As an investor in both Apple (since the time they had great struggles) and Rim Semi, I will never forget the words of Steve Wozniak, who said, “All the best things that I did at Apple came from (a) not having money and (b) not having done it before, ever.” This attitude of the ongoing pursuit of excellence is what leads not only to success, but to greatness. Rim Semiconductor will be remembered as pioneers in their industry.

Several factors over the past year have proven Rim Semiconductors Cupria technology veritable. Some of this may not be obvious or known to the general public and is way beyond the morass of confusion that is created on this message board which is NOT fact based, but rather fiction only. The technology is progressing magnificently and additional funding is imminent. My friends, we are on the verge of clearing the final hurdle and sprinting towards success. Rim Semiconductor is about to cross the finish line.

And never forget: Life’s problems wouldn’t be called ‘hurdles’ if there wasn’t a way to get over them.

To the longs, I salute you on your upcoming wealth and happiness,
Kenneth H. Chan PhD

PS: Many many new investors are buying over the past few weeks and there is more to come. The current price is a gem - I know many are wisely taking advantage of it.

[Stoppmann]

Based on last year's date, we should expect a 10Q in the next few days.

[Stoppmann]

Does anyone know if RSMI will be at NXTComm08? The PR that announced this event is not on the company webiste.

[destiny1]

Does anyone know if RSMI will be at NXTComm08? The PR that announced this event is not on the company webiste.

Stopp, the 5/13/08 PR is still accurate. Brad has taken over all of Dave's responsiblities. He will be demonstrating the tech to customers at NXTComm08.

D1;)

[Stoppmann]

Stopp, the 5/13/08 PR is still accurate. Brad has taken over all of Dave's responsiblities. He will be demonstrating the tech to customers at NXTComm08.

D1;)

Thanks for the reply

[destiny1]

NXT-TV is offering live webcasts of the keynote speeches from NXTcomm08 starting tonight at 8 pm Pacific Time. It begins with Randall Stephenson CEO of AT&T. keynote (http://web20.telecomtv.com/pages/?id=21e5f0e9-726f-43a6-ac37-1161f8160724&vidid=2960&view=video&page=1)
podcast (http://markets.chron.com/www.stanfordwealth.com?GUID=2384057&Page=MediaViewer&ChannelID=4244)
D1;)

[Stoppmann]

A notice of late filing of the company's quarterly report is posted on the SEC website.

http://www.sec.gov/Archives/edgar/data/1026595/000101968708002689/0001019687-08-002689-index.htm

[Stoppmann]

28m traded today and a new low.
its only going to get worse till rim achieves financing.

It's gotten worse!!!

[McCloud]

It's gotten worse!!!
'This is hard to watch. I'm glad I'm not reading the other board, I can almost hear the roars of glee.

However, I am absolutely sure we have the tech and the telecom world needs it. It really amazes me that someone hasn't stepped up and swallowed this company whole,or helped us. It makes me think that they might be waiting for the company to fail so they can pick up the tech for nothing.

If Rim is sitting on news waiting for all these shares to dry up I hope it is soon.

Ernie

[McCloud]

I wish I had the money and the nerve to buy bundles of shares at these prices, talk about being able to average down. LOL
Ernie

[destiny1]

I wish I had the money and the nerve to buy bundles of shares at these prices, talk about being able to average down. LOL
Ernie


Ernie, your observations are very astute. Steve Perlman, cofounder of WebTV, felt that “looking back I think some of the investors saw us as potentially carrion ready for the taking, if we ran out of money. None of them said that, and at the time, I wasn’t thinking that, but now I’ve seen it happen.”

Mr. Perlman went on to say; “We talked to Sony and Philips about investing, but they weren’t in a position to invest. We found that nobody was willing to make that first step. In fact, I think a lot of them were sort of like vultures waiting for us to fail, and then pick up the pieces-because they saw the value of what we were doing-for a bargain.”

Jeff Brody, a VC from Brentwood Venture Capital Group, stepped up and provided that crucial round of financing. WebTV completed its tech build out and in 1997 was acquired by Microsoft (now known as MSNTV) for $500 million.
Source: Founders At Work: Stories of Startups' Early Days 2007, Jessica Livingston

Clearly, the CupriaTM tech is and will be in great demand. Also clearly, with the huge recent volume, debenture holders continue to sell and savvy investors buy as soon as discounted shares hit the market. If one believes Rim Semi will get new funding, this could be the one of the greatest tech buying opportunities ever.

D1;)

[McCloud]

I would like to know if any industry persons or companies are buying up a large quantity of these shares. It wouldn't take much money to buy a substantial interest in Rim with the number of shares being traded. Any announced takeover attempt would send the price upward in a hurry.

Would such an accumulation have to be announced? Maybe at 10% or above?

Ernie

[destiny1]

I would like to know if any industry persons or companies are buying up a large quantity of these shares. It wouldn't take much money to buy a substantial interest in Rim with the number of shares being traded. Any announced takeover attempt would send the price upward in a hurry.

Would such an accumulation have to be announced? Maybe at 10% or above?

Ernie

Quoting the most recent annual report public companies must report:

"(i) each director; (ii) each named executive officer; (iii) all directors and executive officers as a group; and (iv) each person known by the Company to own beneficially more than 5% of the outstanding shares of common stock."

This info will be in quarterly filings.

[destiny1]

Ticktock readers,

You can still access Rim Semi quotes under the new (temporary) ticker symbol by clicking on the Yahoo finance $NA symbol and opting for RSMIE.OB Once Rim Semi files their quarterly (scheduled for sometime within the next week) the symbol will revert back to RSMI.OB.

D1;)

[jjz34]

When a company that trades on the OTC Bulletin Board (OTCBB) becomes delinquent in its reporting obligations with the SEC (for example, it submits a required filing late or in an incomplete form), the letter “E” will be appended at the end of the company’s stock ticker symbol. After the “E” is added, the company is given 30 calendar days (60 calendar days for most foreign companies and domestic banks), known as the “grace period,” to become current in its reports. If the company files complete required reports during the grace period, the “E” will be removed. If the company fails to correct its deficiency, the company’s stock symbol will be removed from trading on the OTCBB.

In addition, repeated delinquencies by a company in filing complete periodic reports with the SEC or other applicable regulator, or removal of the company’s security from quotation on the OTCBB because of its failure to file required reports within the prescribed period, can result in the security becoming ineligible for quotation on the OTCBB for a one-year period.

Specifically, if an OTCBB-quoted company is delinquent in filing complete required annual and quarterly reports with the applicable regulator three times in the prior two-year period, quotations of a security on the OTCBB will be prohibited until the company has timely filed in complete form all required reports due in a one-year period. Further, if a security is removed from the OTCBB twice in the prior two-year period, the security is subject to removal from quotation on the OTCBB until the company has timely filed in complete form all required reports due in a one-year period. For more detailed information, please read FINRA Rule 6530.

Stock symbols for OTCBB securities may also have other fifth letters added to them, such as the letter “Q” (indicating that a company is in bankruptcy proceedings). You can view the complete list of fifth letters that may be attached to a company’s stock symbol on the OTCBB website. Stock symbol changes, as well as new issues, name changes, and deleted issues for OTCBB securities, appear on the OTCBB Daily List.


http://www.sec.gov/answers/eadded.htm

[destiny1]

When a company that trades on the OTC Bulletin Board (OTCBB) becomes delinquent in its reporting obligations with the SEC (for example, it submits a required filing late or in an incomplete form), the letter “E” will be appended at the end of the company’s stock ticker symbol. After the “E” is added, the company is given 30 calendar days (60 calendar days for most foreign companies and domestic banks), known as the “grace period,” to become current in its reports. If the company files complete required reports during the grace period, the “E” will be removed. If the company fails to correct its deficiency, the company’s stock symbol will be removed from trading on the OTCBB.

In addition, repeated delinquencies by a company in filing complete periodic reports with the SEC or other applicable regulator, or removal of the company’s security from quotation on the OTCBB because of its failure to file required reports within the prescribed period, can result in the security becoming ineligible for quotation on the OTCBB for a one-year period.

Specifically, if an OTCBB-quoted company is delinquent in filing complete required annual and quarterly reports with the applicable regulator three times in the prior two-year period, quotations of a security on the OTCBB will be prohibited until the company has timely filed in complete form all required reports due in a one-year period. Further, if a security is removed from the OTCBB twice in the prior two-year period, the security is subject to removal from quotation on the OTCBB until the company has timely filed in complete form all required reports due in a one-year period. For more detailed information, please read FINRA Rule 6530.

Stock symbols for OTCBB securities may also have other fifth letters added to them, such as the letter “Q” (indicating that a company is in bankruptcy proceedings). You can view the complete list of fifth letters that may be attached to a company’s stock symbol on the OTCBB website. Stock symbol changes, as well as new issues, name changes, and deleted issues for OTCBB securities, appear on the OTCBB Daily List.


http://www.sec.gov/answers/eadded.htm


FYI,
Just so no one gets the incorrect message, Rim Semi is not filing bankruptcy. The "E" was added because they were late in their quarterly filing. The quarterly will be (or has already been) filled this week and the "E" will be removed within the next few days.

D1;)

[1ledge]

Wednesday, July 2, 2008 - 2:51 PM PDT
Rim reports steep losses, has $1,600 in cash
Portland Business Journal

Print Article Email Article Reprints RSS Feeds Add to Del.icio.us Digg This
Rim Semiconductor Corp., which reported its largest order ever early in June, lost $6.6 million in the first half of its current fiscal year, and had $1,621 in cash at the end of April.

The company reported no revenue for the six-month period.

Rim (Pink Sheets: RSMI), based in Southeast Portland, has been developing technology to deliver high-speed broadband over regular copper wires that telecom companies have running into homes.

The company has been working on broadband technology for the past eight years, announcing technology partnerships with different companies and successful tests of its technology with small regional telecom companies.

At one point in early 2000, the company's stock reached a high of $31 per share.

This week, Rim's stock traded between seven-hundredths and nine-hundredths of a penny per share. The price has fallen steadily since June 4, when trading closed at half a penny per share.

On that day, Rim announced that it had received a $1 million order for its chips. The company also said in a filing with the Securities and Exchange Commission that it did not have the cash to produce and ship its chips, and that the ability to do so would depend on raising more cash.

Rim currently owes $5.3 million to various lenders who have given the company cash in exchange for shares and warrants. It also has $1.6 million worth of accounts payable and accrued expenses, and owes its chairman, Ray Willenberg Jr., $49,000 that Willenberg recently lent the company.

In January, Will Swope, vice president and general manager of Intel's corporate affairs group, joined Rim's board of directors. He received 2 million stock options at a strike price of 3.1 cents per share.

[destiny1]

Recent 1st quarter 2008 (http://www.ticktockstock.com/pdf/world%20broadband%20stats%20Q1%202008.pdf)worldwid e broadband stats from Point Topic.

Note the growth in FTTx as it now exceeds cable deployments. CupriaTM chipsets will be deployed in both hybrid (fiber/copper) FTTx applications and pure DSL networks.

D1;)

[McCloud]

233 million shares traded. I wish it meant something. Right now my hope is hiding someplace.

Ernie

[HopefulOne]

Hey, look at the bright side. You have almost TWICE as much as you had last Thursday... LOL

H.1.

[destiny1]

Very Interesting Webinar regarding how important quality (QOE) will be to IPTV deployment. Enhancing the QOE is a primary focus of CupriaTM chipsets.

http://www.lightreading.com/webinar_archive.asp?doc_id=28774&promo=27107

D1;)

[Stoppmann]

Press Release Source: Rim Semiconductor Company


Rim Semiconductor Company Files Patent for Breakthrough Technology
Thursday July 10, 6:00 am ET


PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB: RSMI - News), a company that develops technology for telecommunications service providers, filed a non-provisional patent application on its innovative RQAM™ technology. Rim Semi’s Cupria™ transport processor is based on this RQAM technology, and is able to drive data traffic at more than 40 megabits per second (Mpbs) 5,500 feet (1.67km) on 26AWG (0.40mm) telephone wire. Existing technologies are able to drive data 15 mbps at this distance on this wire type. Telephone companies, municipalities, and businesses can use Cupria™ for services like IPTV, Ethernet and monitoring.
ADVERTISEMENT


The patent, entitled “Amplitude Modulation Decoder,” was filed as a non-provisional patent with the United States Patent and Trademark Office. It was also filed under the Patent Cooperation Treaty, which most of the world’s industrialized countries are a part of. Thus, Rim Semi’s intellectual property rights are protected across a wide geography.

Rim Semiconductor Company owns, co-owns or exclusively licenses technology from seventeen issued patents and eleven patent applications in the United States. All of these patents and patent applications generally pertain to methodologies to modify data and transmit it more efficiently on metallic media like copper wire. RQAM™ can be combined with many of them to produce superior semiconductor performance.

http://biz.yahoo.com/bw/080710/20080710005270.html?.v=1

[destiny1]

Press Release Source: Rim Semiconductor Company


Rim Semiconductor Company Files Patent for Breakthrough Technology
Thursday July 10, 6:00 am ET


PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB: RSMI - News), a company that develops technology for telecommunications service providers, filed a non-provisional patent application on its innovative RQAM™ technology. Rim Semi’s Cupria™ transport processor is based on this RQAM technology, and is able to drive data traffic at more than 40 megabits per second (Mpbs) 5,500 feet (1.67km) on 26AWG (0.40mm) telephone wire. Existing technologies are able to drive data 15 mbps at this distance on this wire type. Telephone companies, municipalities, and businesses can use Cupria™ for services like IPTV, Ethernet and monitoring.
ADVERTISEMENT


The patent, entitled “Amplitude Modulation Decoder,” was filed as a non-provisional patent with the United States Patent and Trademark Office. It was also filed under the Patent Cooperation Treaty, which most of the world’s industrialized countries are a part of. Thus, Rim Semi’s intellectual property rights are protected across a wide geography.

Rim Semiconductor Company owns, co-owns or exclusively licenses technology from seventeen issued patents and eleven patent applications in the United States. All of these patents and patent applications generally pertain to methodologies to modify data and transmit it more efficiently on metallic media like copper wire. RQAM™ can be combined with many of them to produce superior semiconductor performance.

http://biz.yahoo.com/bw/080710/20080710005270.html?.v=1


Word is Keith Chipperfield (http://www.rimsemi.com/co3.html)of Intel fame is responsible for this incremental improvement in the tech. Now all we need is a funding announcement.

There is still a ton of buying at these bargain basement prices while the debenture holders continue to sell. It's like Christmas in July!

D1;)

[McCloud]

Word is Keith Chipperfield (http://www.rimsemi.com/co3.html)of Intel fame is responsible for this incremental improvement in the tech. Now all we need is a funding announcement.

There is still a ton of buying at these bargain basement prices while the debenture holders continue to sell. It's like Christmas in July!

D1;)

I found this PR interesting from the standpoint that Rim is at least trying to make a little noise to let us know their still alive.
I don't know how long ago/or recently the patent was actually applied for, but it takes money to file a patent, and it takes money to file a pr.

[destiny1]

I found this PR interesting from the standpoint that Rim is at least trying to make a little noise to let us know their still alive.
I don't know how long ago/or recently the patent was actually applied for, but it takes money to file a patent, and it takes money to file a pr.


Watch the stock ticker. When the debenture selling stops, the funding announcement is eminent.

D1;)

[Stoppmann]

Watch the stock ticker. When the debenture selling stops, the funding announcement is eminent.

D1;)

Any idea how much selling is left?

[destiny1]

Any idea how much selling is left?

I would guess several million. I'm confident however the remaining debenture holders will be paid off with the new financing package.

D1;)

[destiny1]

From the Asiakey website:

http://www.asaiki.net/html/pdt_semi_rim.htm

[Stoppmann]

From the Asiakey website:

http://www.asaiki.net/html/pdt_semi_rim.htm

It looks like Cupria chip will reside in Finisar equipment.

http://www.finisar.com/home.php

[Stoppmann]

It looks like Cupria chip will reside in Finisar equipment.

http://www.finisar.com/home.php

On second look, it looks like Finisar manufactures that data cables not the telco equipment.

[Stoppmann]

On second look, it looks like Finisar manufactures that data cables not the telco equipment.

Finisar also manufactures optical modules like the transceiver shown on the askaiki diagram

http://www.asaiki.net/html/finisar.htm

[destiny1]

The transceiver (http://www.yourdictionary.com/transceiver) (transmitter/receiver) both transmits and receives signals. It is coupling device that connects the DSLAM to the network, in this case the fiber optic backbone to the local copper loop.

It can be the 10-Gigbit corporate Ethernet transceiver (top diagram) or the 4.25 Gigbit bidirectional device for the neighborhood. Either way it enables greater throughput of the signal at the fiber to copper transition point (DSLAM).

This means fiber-like speeds downstream from the DSLAM.

Though not mfg by Finisar, Rim Semi's Cupria chipsets require compatibility with this device. Either Huawei or Alcatel are likely manufacturers of the DSLAMs which house the line cards which hold CupriaTM chipsets.

A bit complicated but its boils down to seemless high speed data transmission.

D1;)

[HopefulOne]

Looks like the big-time daytraders are grabbing us with both hands right now!

H.1.

[destiny1]

Looks like the big-time daytraders are grabbing us with both hands right now!

H.1.

possibly, and... no appreciable debenture selling in the last week.
Hope to hear some really good news within the next two weeks.
D1;)

[doughjo]

Rim Semiconductor Company Reduces Convertible Debt by 34%




Rim Semiconductor Company (OTCBB: RSMI), a company that develops technology for telecommunications service providers, announced today that it has reduced its indebtedness to its convertible note holders by 34% to $2,759,000, versus $4,182,000, as reported in its most recent 10QSB.

The reduction was effected when holders of its two-year 7% Senior Secured Convertible Debentures and its two-year 10% Secured Convertible Notes converted some of their principal and interest into shares of Rim Semi’s Common Stock. The company has 4 billion shares of common stock authorized for issuance. As of July 11, 2008, following the issuance of the shares, the Company has issued all of its authorized common stock. Since July 11th, the closing price of RSMI has risen 100% from $0.0005 to $0.001 per share.

“I am very pleased that our convertible debt has reduced by 34%,” stated Brad Ketch, the company’s president and chief executive officer. “We issued these shares to investors who have invested in us before, and who continue to show support for our long-term growth.” In addition to the debt reduction, the company projects that the value of the derivative liability on its balance sheet will also proportionately decline when the derivative liability calculations are made at the end of the quarter, and based upon the closing price of RSMI on July 31, 2008.

About Rim Semiconductor Company Rim Semiconductor Company (OTCBB: RSMI) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company’s products allow data to be transmitted at greater speed and across extended distances over existing copper wire—all with the highest quality of service—for a better end-user experience. For more information, visit www.rimsemi.com.

Forward-Looking Statements With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semi is currently seeking additional financing necessary to enable it to fulfill this order. It will not recognize revenues from the order until it obtains such financing and builds and ships the ordered products. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward-looking statement in this press release in order to reflect events or circumstances that may arise in the future.

[Stoppmann]

If the company has no more shares to issue for future funding. What collateral will the company use to fund the company and manufacture chip to fullfill their purchase order?

[destiny1]

If the company has no more shares to issue for future funding. What collateral will the company use to fund the company and manufacture chip to fullfill their purchase order?

Orders! The greatest benefit derived from this AM's PR is to tell everyone the debenture holders have been effectively removed from the equation. They can't sell what is not available. The remaining 2.7 million will have to be paid off with the next round of funding.

And, it tells everyone this next financing deal will not involve the issuance of more shares. (Increases in outstanding share count require shareholder approval.)

This next financing deal therefore has to be based on pending orders/revenue and real world customer interest. These facts would be disclosed through an NDA to the funding entities. The funding entity would not be able to trade the stock based on this information. This also implies Rim Semi is much further along in tech deployment process than what appears on the surface.

D1;)

[Stoppmann]

Orders! The greatest benefit derived from this AM's PR is to tell everyone the debenture holders have been effectively removed from the equation. They can't sell what is not available. The remaining 2.7 million will have to be paid off with the next round of funding.

And, it tells everyone this next financing deal will not involve the issuance of more shares. (Increases in outstanding share count require shareholder approval.)

This next financing deal therefore has to be based on pending orders/revenue and real world customer interest. These facts would be disclosed through an NDA to the funding entities. The funding entity would not be able to trade the stock based on this information. This also implies Rim Semi is much further along in tech deployment process than what appears on the surface.

D1;)

So the company will take on debt instead of issueing shares

[destiny1]

So the company will take on debt instead of issueing shares

Possibly, but a better scenario would be advance payment on order(s). If you read Dave Mock's book, "The Qualcomm Equation," Qualcomm used this stradegy in its early days to fund tech deployment.

Qualcomm had completed sufficient field trials satisfying investor concern that widespread deployment of CDMA technology was viable. Like Qualcomm, Rim Semi's CupriaTM chipsets have been in the hands of both major telcos and equipment makers for some time. There has been sufficient documentation of real world testing to demonstrate the tech is widely deployable. It makes sense a potential partner would be willing to place an order and advance a portion of the payment.

The hypothetical scenario would look something like this: A large company would place an order for say $30 million with $10 million in advance funding. This would be the best of both worlds and Rim's version of the "triple play,"
1. Funding
2. Orders
3. Debt payment (2.7 million to debenture holders)


D1;)

[Stoppmann]

Possibly, but a better scenario would be advance payment on order(s). If you read Dave Mock's book, "The Qualcomm Equation," Qualcomm used this stradegy in its early days to fund tech deployment.

Qualcomm had completed sufficient field trials satisfying investor concern that widespread deployment of CDMA technology was viable. Like Qualcomm, Rim Semi's CupriaTM chipsets have been in the hands of both major telcos and equipment makers for some time. There has been sufficient documentation of real world testing to demonstrate the tech is widely deployable. It makes sense a potential partner would be willing to place an order and advance a portion of the payment.

The hypothetical scenario would look something like this: A large company would place an order for say $30 million with $10 million in advance funding. This would be the best of both worlds and Rim's version of the "triple play,"
1. Funding
2. Orders
3. Debt payment (2.7 million to debenture holders)


D1;)

Your scenario would be the best if that is plan.

[doughjo]

Item 1.01 Entry Into a Material Definitive Agreement.


In July 2008, Rim Semiconductor Company (the “Company”) entered into an amendment (the “July Professional Amendment”) with Professional Offshore Opportunity Fund, Ltd.

(“Professional”), one of the holders of the Company’s two-year 7% Senior Secured Convertible Debentures (the “2006 Debentures”). The July Professional Amendment amends the terms of the 2006 Debenture held by Professional to (i) extend the maturity date to September 30, 2008, (ii) extend the payment date for interest that will have accrued on such debenture to September 30, 2008, and (iii) change the variable conversion price of Professional’s 2006 Debenture to 75% of the closing bid price of the common stock on the trading day immediately preceding the conversion date. The conversion price is subject to adjustment. The July Professional Amendment also included a waiver of any event of default that may have occurred under the terms of the 2006 Debentures or the Securities Purchase Agreement entered into in connection with the 2006 Debentures prior to the date thereof.


Effective July 10, 2008 (the “Effective Date”), the Company entered into an amendment (the “2007 Notes Amendment”) with the twelve holders of its two-year 10% Secured Convertible Notes (the “2007 Notes”). The 2007 Notes Amendment amended the terms of the 2007 Notes by providing for the payments of accrued interest owed to such investors to be made, at the Company’s option, in cash or common stock of the Company. The 2007 Notes Amendment also included an agreement that any event of default by the Company or failure of the Company to comply with the terms of any securities of the Company issued to or held by Professional, including, without limitation, the 2006 Debentures, will not at any time in the future constitute an event of default under the terms of the 2007 Notes or any of the transaction documents executed in connection therewith. The 2007 Notes Amendment further included waivers of any event of default that may have occurred under the terms of the 2007 Notes and the transaction documents entered into in connection therewith prior to the Effective Date.


Item 2.04

Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.


Between June 20 and July 11, 2008, the Company issued 1,842,857,515 shares of common stock upon conversion of the Company’s 2007 Notes, 238,855,926 shares of common stock in payment of accrued interest due on the 2007 Notes, and 523,190,656 shares of common stock upon conversion of the Company’s 2006 Debentures. As a result of these conversions, the outstanding principal due on the 2007 Notes has been reduced to approximately $2,473,000 and the outstanding principal due on the 2006 Debentures has been reduced to approximately $286,000 as of the date of this Report.


The Company has 4 billion shares of common stock authorized for issuance. As of July 11, 2008, following the issuance of shares upon conversion of promissory notes and for services rendered, as well as the issuance of the shares described above, all 4 billion of the Company’s authorized shares were issued and outstanding. As a result, as of the date of this Report, there are no shares available to the Company to satisfy future conversion of any of the Company’s derivative securities.


Pursuant to Section 14(i)(c) of the 2006 Debentures, the Company is in default if it fails to authorize or cause its transfer agent to issue shares of common stock within five trading days after exercise by the holder of such holder’s conversion rights under the debenture. If the Company is unable to perform its obligations under the 2006 Debentures, at the option of the holder, all unpaid principal and interest on the 2006 Debentures may be made immediately due and payable at the demand of such holder. On July 15, 2008, the Company received a request from Professional to convert a portion of its 2006 Debentures. Since there are no shares of common stock available to the Company to honor such request, effective July 22, 2008, the Company is in default on approximately $186,000 of 2006 Debentures held by Professional.


Pursuant to Section 3.12 of the 2007 Notes, the Company is in default if it fails to reserve for issuance upon conversion of the 2007 Notes the amount of the Company’s common stock set forth in the 2007 Notes and subscription agreement entered into in connection therewith. Since the Company has issued all of its authorized common stock as of the date of this Report, the Company is presently in default on the 2007 Notes. To secure the Company’s obligations under the 2007 Notes, the Company granted a security interest in substantially all of the assets of the Company, including its intellectual property, in favor of the lenders. Because the Company is unable to perform its obligations under the 2007 Notes, the lenders have the option to make all unpaid principal and interest on the 2007 Notes immediately due and payable at their demand. In addition, each lender could seek to foreclose and obtain possession or force the sale of substantially all of the Company’s assets, including its products under development, pursuant to its security interest. As of the date of this Report, none of the lenders have taken any action to redeem the 2007 Notes or to foreclose on the Company’s assets. The Company is presently in discussions with the lenders and is seeking a waiver of this default.

[destiny1]

Meaning of the current filing.
Because the due date for all but one of the 2006 debenture debt has been extended to September 30, 2008, Rim Semi is fully expecting funding by this date and has satisfactorily conveyed that expectation to their creditors.

Though either cash or stock is mentioned, this filing also confirms the debenture holders are expecting cash, not more stock. In order to approve an increase in the outstanding share allowance, a majority vote of shareholders is required. Two months advance notice is required prior to the vote. Unless the shareholders are notified of a potential vote to increase the shares outstanding within the next 7 days, Rim Semi is fully expecting to pay off all debenture debt in cash!
The second paragraph simply states that any accrued interest owed 12 of the 2007 debenture holders can be paid in either cash or stock. Again, for the debt to be satisfied with stock, shareholder approval for increase in the outstanding share count is required.
Because all authorized shares are issued and outstanding and a demand for shares has been made by (Professional), Rim Semi is in default with respect to one 2006 debenture holder. In addition, because an insufficient amount of shares have been held in reserve to satisfy the 2007 debenture debt, Rim is technically in default with the 2007 debenture holders. Of note: to date, the 2007 debenture holders have not placed an unsatisfied demand to Rim Semi for shares. As result, Rim is only technically in default with the 2007 debenture holders. Based on #2, it appears discussions have already taken place. Unless previously stated elsewhere, there may be another filing soon outlining the terms of the new agreement with the 2007 debenture holders.The bottom line: This whole filing is primarily as result of one 2006 debenture holder “Professional” who was unwilling to negotiate an extension for repayment. At least 12 other debenture holders, (who are owed over 10x more than the debtor who decided to play hardball) were willing to extent payment until September 30, 2008. The last sentence documents Rim Semi is in discussion with the debenture holders (the one 2006 debenture holder and the 2007 debtors) to waive the default.



D1;)

[Stoppmann]

Meaning of the current filing.
Because the due date for all but one of the 2006 debenture debt has been extended to September 30, 2008, Rim Semi is fully expecting funding by this date and has satisfactorily conveyed that expectation to their creditors.

Though either cash or stock is mentioned, this filing also confirms the debenture holders are expecting cash, not more stock. In order to approve an increase in the outstanding share allowance, a majority vote of shareholders is required. Two months advance notice is required prior to the vote. Unless the shareholders are notified of a potential vote to increase the shares outstanding within the next 7 days, Rim Semi is fully expecting to pay off all debenture debt in cash!
The second paragraph simply states that any accrued interest owed 12 of the 2007 debenture holders can be paid in either cash or stock. Again, for the debt to be satisfied with stock, shareholder approval for increase in the outstanding share count is required.
Because all authorized shares are issued and outstanding and a demand for shares has been made by (Professional), Rim Semi is in default with respect to one 2006 debenture holder. In addition, because an insufficient amount of shares have been held in reserve to satisfy the 2007 debenture debt, Rim is technically in default with the 2007 debenture holders. Of note: to date, the 2007 debenture holders have not placed an unsatisfied demand to Rim Semi for shares. As result, Rim is only technically in default with the 2007 debenture holders. Based on #2, it appears discussions have already taken place. Unless previously stated elsewhere, there may be another filing soon outlining the terms of the new agreement with the 2007 debenture holders.The bottom line: This whole filing is primarily as result of one 2006 debenture holder “Professional” who was unwilling to negotiate an extension for repayment. At least 12 other debenture holders, (who are owed over 10x more than the debtor who decided to play hardball) were willing to extent payment until September 30, 2008. The last sentence documents Rim Semi is in discussion with the debenture holders (the one 2006 debenture holder and the 2007 debtors) to waive the default.



D1;)

IMO, if there are no more shares to issue and if the creditors didn't think that they were going to be paid, the creditors would't hesitate to foreclose and obtain possession of the Company’s assets. The creditors wouldn't wait until September 2008.

[destiny1]

You're certainly entitled to your opinion, but if you were a creditor and had agreed to extend the due date on a debt owed wouldn't you, in advance, ask for reasonable evidence that is likely to happen?

D1;)

[destiny1]

British Telecom Announces Fiber To The Press Release (http://www.broadbandreports.com/shownews/British-Telecom-Announces-Fiber-To-The-Press-Release-96122)
Assuming the British government does what it's told...
03:21PM Tuesday Jul 15 2008 by Karl Bode (http://www.broadbandreports.com/useremail/u/141383)
[/URL]

Last December, UK telco British Telecom called running fiber to the home "premature (http://www.broadbandreports.com/blog?cat=33)," instead opting to milk copper for a little longer (like a few baby (https://uverse1.att.com/un/launchAMSS.do) bells (http://www.qwest.com/residential/internet/fiber-optics.html) we know here in the States). But today the telco stated that barring "regulatory certainty" (industry code for government doing exactly what the phone company tells them to) they'll be spending $3 billion to offer a combination of both fiber to the node (FTTN) and fiber to the home (FTTH) technology at speeds up to 100Mbps. As is usually the case, the press release (http://www.btplc.com/news/articles/showarticle.cfm?articleid={efd7b1fa-52ed-45bb-b530-734fac577e94}) gets a little less sexy when you look closely:

We will deliver both though the exact split will be driven by the interest shown by government and regional and local authorities. FTTP deployment will be focused primarily on new build sites such as Ebbsfleet and the Olympic Village whilst FTTN will be more prevalent elsewhere. Recent tests show the majority of ADSL2+ customers should enjoy speeds of around 10Mb or above with many getting substantially higher speeds. The technology is also improving all the time.In other words, the majority of BT customers will still be on copper unless the government ponies up subsidies and passes the laws BT wants. Despite the press applauding this new UK "nationwide fiber deployment," it's not much different from AT&T, who deploys FTTH only to shiny new developments (then caps (http://www.broadbandreports.com/forum/r19224774-I-got-a-letter-from-ATT) them at DSL speed). One major exception is that BT will give competitors wholesale access to the network, something AT&T and Verizon have yet to do.

[U]British Telecom is promising FTTN customers they'll see speeds of at least 40Mbps, though of course this depends entirely on the customer's distance to the central office. AT&T currently offers FTTN customers just 10Mbps of usable data bandwidth, though sync speeds are higher for shorter loop lengths, and the company has promised faster line-bonded speeds down the road. British Telecom insists 60Mbps FTTN is on their radar.

Of course these half-hearted approaches to network upgrades are in order to please nervous investors, who start fidgeting like children in church when presented with the huge upfront costs of true FTTH (though they have the luxury of bailing when the company is no longer competitive). So companies instead embrace "fiber to the press release," a blend of fiber and pure, refined marketing that allows them to pretend (http://www.broadbandreports.com/shownews/95578) they offer last mile fiber.

Not only is it less expensive than truly future-proofing your network, the telco gets the added bonus of being able to dangle real fiber deployment over the heads of lawmakers every time they want a new law passed.

Commentary:
Unless the node is in the customer's front yard, only CupriaTM chipsets can deliver 40 Mbps of HD quality beyond 1,000'.

D1;)

[destiny1]

In his role as Billy Ray in the 1983 classic “Trading Places,” Eddie Murphy plays a common thief who, on a $1.00 bet, enters the high stakes world of commodities trading. At the movie's climax, he and Louis (Dan Aykroyd) successfully corner the orange juice market by publishing false information and shorting an otherwise healthy commodity.

Rim Semi has recently survived a similar attempted undertaking.

There is much discussion regarding the July 23, 2008 8-k. Some have questioned how over 4 billion recently authorized shares could be gobbled up so quickly.

At the time the shares were authorized, Rim Semi was projecting they might never again have to ask shareholders for another increase in authorized shares…but neither did Rim anticipate the diabolical plans of one rouge debenture holder.

I contacted Ray Willenberg, Chairman of Rim Semi’s BOD regarding this matter. It turns out Rim Semi and the majority of its 2007 debenture holders have recently fended off a very surly attempt bring down the company.

As it turns out “The Professional” mentioned in the 7-23-08 8k is a single 2006 debenture holder who unilaterally attempted to short Rim Semi stock into oblivion. The reason why is not completely understood, but simultaneously he wanted to prevent the 2007 debenture holders from ever being repaid.

His plan appears simple: Short RSMI stock enough so that conversion of his share of the remaining 2006 debentures would buy a majority stake in the company. He could then have controlled the company’s fate. With that control, “The Professional” could have voted to close the company, sell its pieces to the highest bidder, and again, prevent the 2007 debenture holders from ever receiving debt repayment.

Fortunately, Rim Semi and the 2007 debenture holders learned of this plot and fought back.

In order to prevent what amounted to be a hostile takeover, the 2007 debenture holders began selling debentures on the open market. In a 20-day period between June 20th and July 11th, at request of the 2007 debenture holders, as partial repayment on debenture debt, Rim Semi released over 2.6 billion shares for sale on the open market. Directly, Rim Semi fought back by issuing over 500 million shares to pay off non-debenture debt. This amounted to over 3.1 billion shares issued in less than one month! The silver lining to this counter offensive is that over 1.6 million in debt was repaid.

Fortunately, the counter attack worked. By the billions open-market shares were quickly consumed by hungry investors worldwide. The float was completed depleted. With the float now expended, “The Professional” was prevented from accumulating the shares required to complete his plot.

Fast forward to today. Because there are no shares left for collateral, “The Professional” is left with few options. He could sue and get a judgment of default. Because company assets were not a condition for his portion of the 2006 debenture funding, “The Professional” has no collateral and is therefore unlikely to pursue the matter to default judgment. If he does, it would take years and cost far more than the 186k owed to adjudicate. By that time, all current remaining debt would have long been repaid.

BTW: Please don’t make the mistake many do and quote the erroneous notion that BB stocks cannot be shorted. If that were true the FTC mandated “short list” would not necessary.

On a funding note: negotiations are ongoing. It appears Rim Semi is a few steps closer to their destination.

D1;)

[McCloud]

I think that is good news. At least it is could we still have shares in a company that exists. We are extremelyyyyyyyy diluted, but still exist as a company.

It would seam to me that if the shares were issued to the debenture holders but not sold it would have accomplished the same thing. As it is the volume gave the "professional"sic the opportunity to cover his shorts. As it is anyone with less than 10s of millions of shares is a minor player, although the alternative :eek:

Ernie

[McCloud]

I think that is good news. At least we still have shares in a company that exists. We are extremelyyyyyyyy diluted, but still exist as a company.

It would seam to me that if the shares were issued to the debenture holders but not sold it would have accomplished the same thing. As it is the volume gave the "professional"sic the opportunity to cover his shorts. As it is anyone with less than 10s of millions of shares is a minor player, although the alternative :eek:

Ernie

[jjz34]

I think the movie "wallstreet" is a much closer analogy. I am finding no humor in all of this.

[doughjo]

Until proven other wise.. this company is a joke.

[destiny1]

There is nothing wrong with this company that an announcement of adequate funding won't fix.

More later

D1;)

[destiny1]

Telecommunications Industry Entering Era of Transformation (http://www.currentanalysis.com/h/2008/IPSI-TelecomTransform-26789.asp)

| Jul 8, 2008 Report
| Analyst: Joe McGarvey (http://www.currentanalysis.com/h/2008/IPSI-TelecomTransform-26789.asp)
Issue

After 120 years or so of a business-as-usual existence marked by only a few incidental transitions, the telecommunications industry is on the verge of a profound transformation that marks the end of one era and the start of another.
The telecommunications and Internet industries have existed in parallel since the mid to late 1990s, but the past decade or so has primarily served as the beginning of a period of overlap that typically accompanies the decline of one historical epoch and the dawning of another. Telecom operators around the world are embracing Web 2.0-oriented models of application creation and planning overhauls of existing service delivery infrastructures and network architectures, so it is all but certain that the Internet will eventually emerge as the dominant mechanism and model for global communications.
Instead of running from reality and refusing to acknowledge the inevitable, many telecommunications operators are meeting the challenge head on by migrating their service delivery and business models toward a Web-based approach to keep better pace with the requirements of subscribers for multi-screen communications and entertainment services. While the transformation of the telecommunications industry will not happen overnight, operators are focused on not only surviving but thriving in the Internet Age, largely by leveraging their natural assets and carrier-class attributes to either compete against or augment content and services that originate outside of their own networks.
The fortunes of telecommunications operators in the Internet Age are dependent on several yet-to-be-answered questions.
• Can telecommunications operators compete with Internet-based service providers, such as Google, on what essentially amounts to the Internet-based operator’s home turf?
• Will the natural attributes of a facilities-based operator, such as subscriber data, control of the last-mile infrastructure and the ability to render a single service on multiple devices and access networks, be enough to give telecommunications operators the edge over Internet-based service and content providers?
• Can telecommunications operators disrupt their normal service creation supply chain and open up their networks to third-party developers without compromising security?

Current Perspective

Change is never easy. Humans tend to cling to the familiar and habitual to stay oriented in a world of unending fluctuations. Our very DNA is hardwired for homeostasis. Of the roughly 3 million years the human species has occupied this planet, about 2,988,000 of those years saw humans sharing almost the exact same life experiences as the previous generation. Anthropologists estimate that with the exception of minor modifications, humans lived in the same surroundings, used the same tools, ate the same foods, and amused themselves in the same manner over a period of time that included about 30,000 consecutive generations. It wasn’t until the end of the Stone Age, about 12,000 years ago, that a human’s life experiences were even remotely different from those of his or her great grandparents or great grandchildren. In other words, for about 99.5% of human existence, life has been the same old, same old.
Looking over the lifespan of the typical incumbent telecommunications operator yields a similar set of dynamics. For more than 120 years, telecom companies have delivered services in essentially the same manner – a hardwired, nailed up, uninterruptable connection between two parties. Just as the Bronze Age ushered in a whirlwind of change and evolutional advancement in human history, the advent of the Internet and World Wide Web is triggering a seismic transformation of the internal machinations of the telecommunications operator, one that is accelerating almost on a daily basis. While Old World telecom has managed to survive the early years of the dawning of the Internet Age by dressing up TDM infrastructures in IP clothing and wringing just enough out of aging service delivery and back office systems to hang on for dear life, the near-to-immediate future calls for more substantial adjustments. Matt Bross, CTO of British Telecom, framed the issue at last month’s SofNet Show in London: operators must transform their networks, he suggested, into service delivery environments that are agile enough to keep up with the communications requirements of subscribers.
But just how radical does this transformation need to be? Is it something akin to the analog-to-digital transformation? Think again. Think much more dramatic. Actually, think Google. If there is a catastrophic event that could bring the curtain down on the Era of the Telecom Operator, a species-ending ice age or dust cloud-inducing asteroid, it is the sudden arrival of a new type of operator, the so-called over the top (OTT) players, who have essentially built up multi-billion dollar businesses without paying a penny for the distribution of devices or the construction of access infrastructures that connect millions of subscribers to their services. Not surprisingly, telcos, such as BT, recognize the business models of OTT players as a real and immediate competitive threat. The logical reaction to this threat, as expressed at industry forums, such as SofNet, is for telecommunications operators to radically transform their service delivery infrastructures – and their business models – into something that is much closer to the open and agile service creation and implementation model of the Web. After 120 years of delivering proprietary services that are embedded into transport systems, telecom operators must embrace the fact that the Web is now the platform and that they must open up their networks to allow bits of their infrastructures to be embedded into new applications and services. It is, in short, the service delivery world of telecommunications operators turned on its head.
The Internet Protocol is obviously the starting point. But there is much more to this transformation than simply moving all existing services and systems to IP transport, a process that started in the core of the network and has been ongoing – moving toward the edges over the past couple of years – for close to a decade. For operators to earnestly compete with the OTT players, the transformation needs to go beyond a simple content container replacement. This transformation, to be effective, requires a near-complete overhaul of hardware platforms, service delivery and OSS/BSS architectures and current relationships with developers and content providers. Accordingly, the three most influential competitive mileposts to look for over the next several years will be the migration to generic hardware/software platforms, the smooth and timely implementation of horizontal service delivery architectures and the opening up of traditional telecom networks for rapid service introduction and decommissioning.

Generic Platforms:
Whether it’s a combination of ATCA and Linux or some other flavor of open operating systems and server platforms, service providers are looking to build out infrastructures that resemble in many respects Internet datacenters – racks and racks of interchangeable servers or server blades. Nearly all equipment vendors are supporting this trend by porting their software to Linux and moving functionality to ATCA.

Horizontal Service Delivery Architectures:
The IP Multimedia Subsystem (IMS) and Service Delivery Platform (SDP) are interrelated frameworks with similar objectives, the most prevalent being to create distinct separation between the various network layers – transport, session control, services and application. By isolating the layers of their networks, operators will be able to leverage the most important attributes of IT and Internet environments: reusability. Above all, operators are looking to significantly reduce the specialization that is now required to create and implement a service. Building a service once and using its components over and over is the key to competing with the Googles of the world, which can create and decommission a service in a matter of days.



(con't)

[destiny1]

Open Networks
With a streamlined network where session control and telecommunications functionality is separated from the underlying transport, operators will be able to expose features and functions in their networks for easy insertion into third-party applications and services. This is the predominant motivation for the Web services/Web 2.0 movement. By exposing telecommunications functionality, such as session control, to a universe of third-party developers, while at the same time shielding them from underlying complexity, operators hope to create a consistent pipeline for unique, compelling and rapidly developed services.

It might sound odd at this junction in their history, but the most important issue now facing telecommunications operators is figuring out the role they will play as they transition into the Internet Age. There are three major options. They can take on the OTT players head to head, matching them service for service. They can go the opposite route, as well, settling into their traditional role of transport provider – AKA dumb pipe. Option number three is a hybrid of the first two
options, where operators deliver transport and a few original services but primarily perform the role of facilitator, adding value-added treatment to the content that originates outside of their networks. Key to pulling off this last scenario is leveraging the assets – some would say baggage – that separates them from the OTT players. Operators must exploit their relationships with subscribers, the ability to control the flow of content across the last mile, as well as the ability to provide the mobility management required to ensure that a service looks and behaves the same regardless of the access network (fixed or wireless) or device (mobile phone, PC or television) that a subscriber is using at a given time. (See “SofNet 2008: Telecommunication Transformation,” May 12, 2008 for more information on the way service providers can leverage network assets to defend against OTT players.) No one is suggesting that operators block or degrade services coming from outside their networks. It makes perfect sense, however, for operators to leverage their natural and incredibly expensive assets and capabilities to realign the current parasite-to-host relationship that now exists between OTT players and facilities-based operators.

On at least one level, the most important aspect of dealing with change is recognizing the need for it. Operators are demonstrating good form in acknowledging that the habits and operating models of previous decades of existence will not sustain the species in future decades. Current Analysis, as well, has recognized the evolving landscape of the telecommunication infrastructure space, adjusting its coverage over the past few years to focus on equipment at the transport (media gateways) signaling and control (softswitches, session border controllers), application (SIP application servers and Subscriber Data Management) and services (IMS and SDP) layers of the network. As our coverage of telecommunications service delivery infrastructure has evolved, we feel it appropriate to change the name of the coverage module to reflect this transition. Accordingly, the name of the Carrier IP Telephony module has been changed, effective immediately, to IP Services Infrastructure.

Despite the fact that telecommunications operators have spent about 99% of their history delivering services in a consistent fashion, it’s never too late to change. If humans were able to handle a sudden and dramatic disruption to their familiar and repetitive pattern of existence, telecommunications operators have a pretty good chance of surviving – and eventually thriving in – the Internet Age.

[destiny1]

Updated market projections are posted in the exclusive section.

BTW, I forgot to factor in a potential share price reduction plan (share buy back or reverse split). Either of these scenarios will exponentially increase the share price.

D1;)

[McCloud]

Updated market projections are posted in the exclusive section.

BTW, I forgot to factor in a potential share price reduction plan (share buy back or reverse split). Either of these scenarios will exponentially increase the share price.

D1;)

That doesn't encourage me very much. A 100 to one RS would give us 40 million outstanding and a 3 or 4 cent SP. I would still have few relative shares outstanding. You need 10s of millions of shares to have a good stake in this company.

Now if somehow they got money to start buying back shares then the signal would be different and the SP might get back to 10s of cents. Then a RS might not look as bad. However, the hope for a good funding package doesn't loom large on the horizon. At least not in my mind. I still hope , but it seams feeble.

Ernie

[destiny1]

That doesn't encourage me very much. A 100 to one RS would give us 40 million outstanding and a 3 or 4 cent SP. I would still have few relative shares outstanding. You need 10s of millions of shares to have a good stake in this company.

Now if somehow they got money to start buying back shares then the signal would be different and the SP might get back to 10s of cents. Then a RS might not look as bad. However, the hope for a good funding package doesn't loom large on the horizon. At least not in my mind. I still hope , but it seams feeble.

Ernie

A reverse split was mentioned only as an option, not as something management is considering at this time. Some type of share buy back plan would be far better.

D1;)

[destiny1]

Before anyone asks, I have no information on why Jack Pecham resigned. I'm sure details will be forthcoming. I continue to anticipate a new financing deal at some point in the near future.

D1;)

[jjz34]

What makes you think we will get any more detail than we got about Cooper or the other dude who left for "personal reasons," or that it makes any difference?? Obtaining non-Debenture funding is the only issue right now. That's it. Plain and simple. Until that happens, if it does happen, everything else is irrelevant. If we get it, it may say something about the prospects for the future. The guy was/is on the board of a bank for petessake and he obviously had ZERO ability to help us land adequate funding. Good freakin riddance. Big deal, we lost another person on the board who was "at the helm" as the stock price literally smashed to the ground and now is jumping ship. Hey, thanks Jack!! Don't let the door...nevermind.

[destiny1]

What makes you think we will get any more detail than we got about Cooper or the other dude who left for "personal reasons," or that it makes any difference?? Obtaining non-Debenture funding is the only issue right now. That's it. Plain and simple. Until that happens, if it does happen, everything else is irrelevant. If we get it, it may say something about the prospects for the future. The guy was/is on the board of a bank for petessake and he obviously had ZERO ability to help us land adequate funding. Good freakin riddance. Big deal, we lost another person on the board who was "at the helm" as the stock price literally smashed to the ground and now is jumping ship. Hey, thanks Jack!! Don't let the door...nevermind.


Consider this: If you were putting up substantial cash and interested in helping Rim Semi's in future growth and development, wouldn't you want your voice heard on the board? Carl Icahn is notorious for this ploy. BTW, I'm not saying he is the financier! It's just an example of typical business financing maneuvers.

Many have speculated this is the case. I agree!

D1;)

[jjz34]

I am no Corporate Board member expert, but even if this investor did want to be on the board of Rim, and even if there were no conflict of interest that existed when a board member is perhaps more worried about the funds he loaned than the overall good of the company, why does that have anything to do with Peckham leaving?? Also, Icahn I believe is just a large shareholder of yahoo, not necessarily one who loaned the company money.

[jjz34]

Are you/others suggesting Peckam is the possible investor, who has resigned his seat on the board so he could lend the company money without there being a conflict of interest??? I doubt this is what the speculation is about and I doubt this scenario alltogether....but wanted to be sure.

[destiny1]

Are you/others suggesting Peckam is the possible investor, who has resigned his seat on the board so he could lend the company money without there being a conflict of interest??? I doubt this is what the speculation is about and I doubt this scenario altogether....but wanted to be sure.

No way! If he were able to provide the funding, it would have happened long before now.

D1;)

[destiny1]

Polo Ralph Lauren to launch shopping by cell phone

Thu Aug 14, 2008 11:08am EDT


By Martinne Geller
NEW YORK (Reuters) - Is the tech-savvy fashionista ready to shop by mobile phone? Polo Ralph Lauren Corp hopes so.
Polo is the first luxury retailer to launch a mobile commerce site, hoping to stay ahead of a trend that is making its way from Asia to the United States, said David Lauren, senior vice president of advertising and son of designer and Chief Executive Ralph Lauren.
Using phones to buy items such as train tickets or products in vending machines is commonplace in Japan, but the trend has yet to catch on in the United States.
"We recognize that in America this is going after somebody who is more comfortable with technology," Lauren told Reuters. "The truth is that in other countries, it's becoming a part of their culture. The trend is coming, and as a fashion company it's very important to identify trends and get ahead of them."
While early adopters of new technologies are often young, Lauren said the move is not aimed at a specific age group.
"This is about someone who's interested in our brand and interested in technology, and wherever the two meet, that's what's appropriate," Lauren said.
Polo, with its higher-end customers, has used cautious inventory management to outperform other apparel makers that have been hurt by a deteriorating U.S. economy.
The apparel maker will begin placing special codes in print ads, mailings and store windows along with its sponsorship of the U.S. Open tennis tournament, which begins later this month.

Shoppers can download special software to camera-phones to scan the codes and be directed to a phone-friendly version of a Ralph Lauren website, where they can shop, watch tennis videos and read company content.
Lauren declined to say how much the company invested in the new technology or its anticipated sales impact.
Cell phones with preinstalled code-readers should come to market within a year, Lauren said.
(Reporting by Martinne Geller; editing by Jeffrey Benkoe)


IMO, articles like this have real-world application for Rim Semiconductor. CupriaTM chipsets have tremendous application in mobile backhaul environments. As mobile continues to grow, there will be more and more demand for increased bandwidth in mobile/landline connections.

In the above example, you can see this when a customer places an order from a mobile phone and desires to reach a server connected by landlines in some store warehouse. Don't the wireless proponents full you, CupriaTM chipsets will be crucial in both environments.

D1;)

[deeba]

www.chicagotribune.com/business/technology/chi-sat-home-phoneaug16,0,403949.story


Innovation calling that old home phone
By Wailin Wong

Chicago Tribune reporter

August 16, 2008

Remember the home phone? It's back.

Cable companies and wireless carriers are trying to reinvent residential phone service, pumping fresh life and new features into those old-fashioned landlines that were once ubiquitous in U.S. households.

By year-end, for example, Comcast is planning to launch an "enhanced cordless telephone" that assumes characteristics of a mobile phone, such as the ability to e-mail, instant message and access local weather and news.

The basic premise behind the new products and services is that cell phones aren't perfect replacements for fixed lines, despite the well-documented uptick in mobile-phone adoption and the corresponding decline in landlines. According to data released in April by SNL Kagan, about 12 million households use only wireless phones, a number forecast to rise to 26 million in 2012.

Yet, for all of the advanced features and convenience offered by wireless phones, basic service can be spotty, with dropped calls or inconsistent quality.

Many consumers "will cling to that home phone for many years because it represents one of the most reliable pieces of engineering available," said Robert Rosenberg, president of Insight Research Corp., a telecommunications consulting firm.

Analysts also say that some younger adults, who might have ditched their landlines when they graduated from college, are signing up for phone service again when they get married and set up their households.

There is a wide variety of Internet phone services such as Vonage, which utilize a customer's broadband connection.

Comcast offers digital telephone service and has seen its subscriber base grow in tandem with adoption of bundled packages that include high-speed Internet and cable television.

The new cordless telephone will be offered to premium "triple-play" customers at the end of 2008 and into next year.

Comcast will also better tie its services together.

One of these new features will allow caller ID information to pop up on a TV screen, giving the viewer the option of getting up to answer the phone or staying on the couch.

Subscribers can turn off the notification if they don't want to be bothered during certain programs.

Building up services

Cathy Avgiris, Comcast's senior vice president and general manager of voice services, said it is "trying to build the services customers expect us to have," and these services are paving the way for future mobile applications.

"The Holy Grail is to combine the home phone with the wireless phone," Avgiris said. She said the next-generation home phone could resemble a BlackBerry and might even double as a remote control.

Comcast isn't the only triple-play company eyeing the home phone. Embarq, a regional provider based in Overland Park, Kan., introduced a new cordless phone in April that features visual voice mail, an address book stored online and access to local directory information.

"We're trying to bring some of the functionality of the wireless phone back to the home phone," said Embarq spokeswoman Stephanie Meisse. "We feel that folks should not be using the wireless phone when they're in the home. They should be using a reliable landline phone."

Even wireless carriers are coming up with ways to make cell phones mimic the reliability of fixed lines, recognizing that an increasing number of their customers are using mobile handsets at home.

Miniature networks

On Sunday, Sprint will start selling a Samsung-made device called the Airave that acts like a cell-phone tower to create a miniature network in a building.

According to Sprint, calls will transfer automatically from Airave to the regular nationwide network so subscribers can keep talking even if they leave their house.

T-Mobile has two home-focused services. The older one, Unlimited Hotspot Calling, sets up an in-home Wi-Fi network and routes cell-phone calls through the Internet so subscribers don't have to use their wireless minutes.

The carrier encouraged consumers to ditch their landlines for the new service.

But T-Mobile learned that "for a lot of people, they just don't want to cut the cord," said Britt Wehrman, director of product development.

So it launched T-Mobile @Home, which lets subscribers plug their home phone into a T-Mobile router.

Users can keep their landline number and pay $10 a month on top of their wireless bill for unlimited domestic calling.

Wehrman also said about 30 percent of U.S. wireless customers across all carriers are dissatisfied with their cell-phone coverage at home.

The "natural physics involved" in getting wireless signals to penetrate brick or cinder-block walls make it "hard for carriers to cover everybody with five bars," Wehrman acknowledged. "So the @Home service gives customers and ourselves a very economic way to offer in-home coverage."

wawong@tribune.com

Copyright © 2008, Chicago Tribune

[destiny1]

Driving Change in Mobile Backhaul, Part One: Where Are We Now? (http://web20.telecomtv.com/pages/?id=ad55bd7d-a208-41ba-b310-36c347bb13e3&vidid=3091&view=video&page=1)


This series of videos produced by TelecomTV and Tellabs has direct implication to Rim Semi. Though it speaks to increased bandwidth demand for mobile applications, mobile ecommerce is facing the same capacity crunch and speed challenges seen in last mile copper networks. The old adage, "a chain is only as strong as its weakest link" certainly holds true for wireless backhaul. Rim Semi's CupriaTM chipsets will enable a more computer like experience for mobile phone ecommerce.

D1;)

[smtm]

Meaning of the current filing.
Because the due date for all but one of the 2006 debenture debt has been extended to September 30, 2008, Rim Semi is fully expecting funding by this date and has satisfactorily conveyed that expectation to their creditors.

Though either cash or stock is mentioned, this filing also confirms the debenture holders are expecting cash, not more stock. In order to approve an increase in the outstanding share allowance, a majority vote of shareholders is required. Two months advance notice is required prior to the vote. Unless the shareholders are notified of a potential vote to increase the shares outstanding within the next 7 days, Rim Semi is fully expecting to pay off all debenture debt in cash!
The second paragraph simply states that any accrued interest owed 12 of the 2007 debenture holders can be paid in either cash or stock. Again, for the debt to be satisfied with stock, shareholder approval for increase in the outstanding share count is required.
Because all authorized shares are issued and outstanding and a demand for shares has been made by (Professional), Rim Semi is in default with respect to one 2006 debenture holder. In addition, because an insufficient amount of shares have been held in reserve to satisfy the 2007 debenture debt, Rim is technically in default with the 2007 debenture holders. Of note: to date, the 2007 debenture holders have not placed an unsatisfied demand to Rim Semi for shares. As result, Rim is only technically in default with the 2007 debenture holders. Based on #2, it appears discussions have already taken place. Unless previously stated elsewhere, there may be another filing soon outlining the terms of the new agreement with the 2007 debenture holders.The bottom line: This whole filing is primarily as result of one 2006 debenture holder “Professional” who was unwilling to negotiate an extension for repayment. At least 12 other debenture holders, (who are owed over 10x more than the debtor who decided to play hardball) were willing to extent payment until September 30, 2008. The last sentence documents Rim Semi is in discussion with the debenture holders (the one 2006 debenture holder and the 2007 debtors) to waive the default.



D1;)

Is september 30th still the deadline for the paybacks.
smtm

[destiny1]

As far as been publicly announced, yes.

D1;)

[Stoppmann]

Look for the quarterly SEC filing on Monday, according to the RSMI website.

[destiny1]

I wouldn't expect it. No cash yet.

D1;)

[jjz34]

getting funding is the only thing that matters. The filing
means nothing.

[destiny1]

getting funding is the only thing that matters. The filing
means nothing.

FYI,
Contrary to the Portland Business Journal Article, Rim Semi is still around. Rim Semi has yet to receive this next round of funding but management continues to discuss financing options with several interested investors.

Rim Semi does have access to the Portland office for some business functions. Rim Semi has laid off the engineers. All have taken temporary contract work while they wait for funding. All the principals remain. Brad is still the CEO and does not intend to go anywhere.

The September 30th deadline has no bearing at this time. Funding is required within the next 15-30 days; otherwise, Rim will go on the pink sheets. It takes about 300k to file the quarterly reports mandated by the SEC. About a million dollars a year is required to comply with the filing requirements of a public company. Once funding is secured, the debenture holders paid in full and filings brought up to date, Rim will be ready once again to get this train moving forward.

Management remains optimistic financing will be received in due time.
D1;)

[destiny1]

FYI,

Until Rim becomes current with it's SEC filing, an "E" has been added to the ticker symbol. Rim Semi will trade under RSMIE.

You can still get quotes by clicking on the Yahoo Finance $NA tab on the left and following the links to RSMIE.
D1;)

[Stoppmann]

Today is the day that a funding package is to be completed or as a recent article has stated, the company is looking to sell company. Which is it going to be?

[HopefulOne]

My guess is neither one...

[destiny1]

There are no deadlines. Ray is out of the country on his own dime working on a finance package.

D1;)

[destiny1]

lots of buying today. All the action is at .0001. The MMs seem to be artificially creating a spread at .0005. ( only small orders on level II) There appears to be some hope of funding on the horizon.

D1;)

[destiny1]

Hello All,

It’s been quite some time since we posted publicly. Meanwhile, active ticktock members have certainly been busy utilizing the private messaging system.
By now, most have heard RSMIE will likely be delisted from the OTCBB on October 17th.

The reason for the delisting is simple; no money to pay accountants and the OTCBB in order to fulfill the SEC mandated reporting requirements.

Delisting is like a demotion. It means we can no longer trade on the OTCBB. We will trade on another electronic quote system called the Pink Sheets (http://en.wikipedia.org/wiki/Pink_Sheets).

Currently, RSMIE (http://www.pinksheets.com/pink/quote/quote.jsp?symbol=rsmie#getQuote) trades on both the OTCBB and the pink as do about 94% of all OTCBB companies. After the 17th, we will trade only on the pink sheets.

Since there is a penalty phase associated with being delisted, it is possible Rim Semi would not be allowed to trade on the OTCBB again for up to one year.
The stigma attached to being on the pinks is undeniable. In times past, trading on pinks definitely meant buyer beware. There was little or no ability to investigate a company’s financials. Except for the ability to trade shares, many enterprises operated like private entities with no public accountability.
In the past, being on the pinks sheets created difficulty for a company to raise capital. That challenge has diminished with increased transparency and compliance with SEC filing requirements.
The pink sheets have evolved with the market. Starting in August of 2007, the pink sheets OTC quote system set up a grading system for member companies.(read (http://www.pinksheets.com/pink/otcguide/categories.jsp)). Investors can now find companies from those with little transparency to those who are fully compliant with SEC filings.

The major difference between trading on the OTCBB and the pinks is on the latter, SEC filing requirements are optional.

As you can see, (read (http://www.pinksheets.com/pink/index.jsp)) there are both very small and multibillion-dollar companies trading on the pink sheets every day. Actually, more shares are traded daily on the pink sheets than the OTCBB.

The pink sheets are a favorite destination for foreign companies, enabling them to trade in the U.S and still bypass the stringent SEC disclosure requirements. (read (http://www.pinksheets.com/pink/quote/quote.jsp?symbol=LUKOY#getCompanyInfo)) Of course, decreased transparency also increases the potential for deception.
While on the pinks, Rim Semi would continue to develop its product line, build its customer base, generate revenue and increase market capitalization while continuing to enable the retail investor participation in this incredible opportunity.

From a cost saving perspective, as long as the stock continues to trade and Rim Semi is able to maintain sufficient capital, the pinks may actually be a better trading platform at this time.

In addition, the possibility exists that once Rim Semi has sufficient revenue, share price, and market cap, they could skip directly to NASDAQ (http://www.investopedia.com/ask/answers/121.asp), bypassing the OTCBB completely.
With 4 billion shares outstanding, that will be a tall order indeed. 100 million dollars in orders the first year of product launch, however, would certainly garner tremendous attention.

D1;)

P.S. I discussed the move and its implications with Ray Willenberg. Had he another choice, he would avoid leaving the OTCBB. With that said, Rim Semi plans to make the best of the situation. As soon as revenue is generated, Rim Semi plans to continue full reporting status with the SEC.

Ray recently returned from Europe and then NYC. While there, he worked exclusively on the financing package. He traveled at his own expense. Nothing closed just yet, but talks continue to progress positively.

[Stoppmann]

Toady is the end of the fiscal year. This situation can't go on forever. Interest on the remaining debt is accrueing. Is this company going to receive financing, be sold, or the unfortunate inevitable if one of the first two things don't happen?

[destiny1]

Interesting article...


Pink Sheets Not Just For Dead Companies Anymore (CSVI, CPI) (http://community.investopedia.com/news/IA/2008/Pink-Sheets-Not-Just-For-Dead-Companies-Anymore-CSVI-CPI1013.aspx?partner=aol)
October 13, 2008 | By Eric Fox (http://www.investopedia.com/contact.aspx?Recipient=info&Domain=brittaincapitalmanagement.com&Subject=Investopedia%20Contact%20Form)

The OTCQX exchange is the top tier listing in the pink sheets (http://www.investopedia.com/terms/p/pinksheets.asp), but not every investor knows about it because it is relatively new. There are several interesting companies listed here that are generally ignored by investors (http://community.investopedia.com/news/IA/2008/Pink-Sheets-Not-Just-For-Dead-Companies-Anymore-CSVI-CPI1013.aspx?partner=aol). In this article we'll examine a pair of potential hidden gems.


Requirements (http://www.investopedia.com/terms/l/listingrequirements.asp) for listing include: a $1 minimum bid, at least 100 shareholders, the company must meet the financial (http://community.investopedia.com/news/IA/2008/Pink-Sheets-Not-Just-For-Dead-Companies-Anymore-CSVI-CPI1013.aspx?partner=aol) qualifications of a national stock exchange, and it must hold annual shareholder meetings. (These stocks come with added risk; to learn more, see The Lowdown On Penny Stocks (http://www.investopedia.com/articles/03/050803.asp) and Catching A Lift On The Penny Express (http://www.investopedia.com/articles/trading/04/072804.asp).)

Computer Services (OTC:CSVI (http://community.investopedia.com/stocks/csvi))
This is a software and services company that sells mostly to financial institution customers. These services include data processing, check imaging, cash management (http://community.investopedia.com/news/IA/2008/Pink-Sheets-Not-Just-For-Dead-Companies-Anymore-CSVI-CPI1013.aspx?partner=aol) and assorted other services. The company just reported record results for the quarter ending August 31, 2008, with revenue up 4.2% to $36.4 million and net income up 17.5% to $4.5 million, compared to the same quarter last year. Computer Services just authorized a $5 million share buyback (http://www.investopedia.com/terms/b/buyback.asp) and paid 65 cents in dividends (http://www.investopedia.com/terms/d/dividend.asp) over the last 12 months, giving a yield (http://www.investopedia.com/terms/d/dividendyield.asp) of 2.4%. (Find out what these company programs achieve and what it means for stockholders in A Breakdown Of Stock Buybacks (http://www.investopedia.com/articles/02/041702.asp).)

Capital Properties (AMEX:CPI (http://community.investopedia.com/stocks/CPI))
Capital Properties has operations in real estate, outside advertising and energy. The company currently trades on the American Stock Exchange (http://www.investopedia.com/terms/a/amex.asp), but is deregistering and listing on the OTCQX. What makes this company unique is that rather than develop the land and then sell it off, it leases the land under long-term leases up to 99 years. The lessees (http://www.investopedia.com/terms/l/lessee.asp) then construct whatever building they want on the land and pay an annual rent to Capital Properties. The lessee also pays the real estate taxes.

What this means is that essentially the cost base of the company is dropping every year as the parcels are developed.

Unique Business Model
Capital Properties owns 18 acres of land in 11 separate lots in the downtown area of Providence, RI. It also owns an oil storage terminal in East Providence and a billboard leasing business. Capital Properties currently has seven of the 11 parcels either fully developed or under development. The four that aren't developed are currently used for paid parking. All of the leases have built-in escalator clauses that raise the annual payments by a small percentage every year. One can view the cash flows (http://www.investopedia.com/terms/c/cashflow.asp) of Capital Properties as a growing perpetuity with rents increasing in the lower single-digit percent every year, while its costs drop.

The company owns nine petroleum storage tanks on its property in East Providence with a capacity of one million barrels. The company is paid on the throughput of oil, not the price, so revenue (http://www.investopedia.com/terms/r/revenue.asp) here is less volatile than a typical energy company. In the outdoor advertising business, the company has 48 billboards in 25 locations along highways leased to Lamar Advertising (Nasdaq:LAMR (http://community.investopedia.com/stocks/LAMR)). These leases also have built in escalator clauses every year on the rent. Capital Properties also has no debt on its balance sheet (http://www.investopedia.com/terms/b/balancesheet.asp). Voting control of the company is held by Robert H. Eder, president, CEO and chairman of the Board (http://www.investopedia.com/terms/b/boardofdirectors.asp), and his spouse Linda Eder. They own 1.72 million shares, or 52.3% of the outstanding stock (http://www.investopedia.com/terms/s/stock.asp).

Bottom Line
The OTCQX exchange is an interesting place to look for companies to invest (http://community.investopedia.com/news/IA/2008/Pink-Sheets-Not-Just-For-Dead-Companies-Anymore-CSVI-CPI1013.aspx?partner=aol) in. Ever since Sarbanes-Oxley (http://www.investopedia.com/terms/s/sarbanesoxleyact.asp) was passed in 2001, it has become more expensive and burdensome to comply with the various regulatory disclosures. This is especially true for smaller companies like Capital Properties.

When a company deregisters, the disclosure requirements become much less strict. The procedure used to deregister is to initiate a reverse split (http://www.investopedia.com/terms/r/reversesplit.asp) of its shares and then do a mandatory buyback of the odd lot shares. This will reduce the number of shareholders to below the threshold required to be listed on one of the major exchanges. Investors should be aware that when a company deregisters, it typically makes the stock less liquid, and of course less disclosure is never a good thing.

To learn more, read The Dirt On Delisting (http://www.investopedia.com/articles/02/032002.asp).
By Eric Fox (http://www.investopedia.com/contact.aspx?Recipient=info&Domain=brittaincapitalmanagement.com&Subject=Investopedia%20Contact%20Form)

Eric J. Fox, is the founder of Brittain Capital Management, LLC., which is the manager of the Alesia Fund, LP., a Value oriented long/short investment partnership. You can read more of his views on investments at the Stock Market Prognosticator (http://marketprognosticator.blogspot.com/) and Under the Buttonwood Tree (http://buttonwoodtree.blogspot.com/). At the time of writing Eric Fox did not own shares in any of the companies mentioned in this article.

[jjz34]

Rim is on the pinks because it has to be on the pinks, not because it's the desirable place to be or because Rim made some strategic choice here. I know it's been quiet here, but trying to throw some window dressing on this is kind of a waste.

[destiny1]

Just received word that a long time Rim Semi shareholder, Gary Loomis passed away last night. Our thoughts and prayers go out to his family.

D1

[destiny1]

Demise of the Landline? A Bit Premature!



The eventual death (http://www.examiner.com/x-1304-Boston-Home-Technology-Examiner%7Ey2008m11d15-Death-of-the-landline) of landlines has been predicted for decades now, by both inside and outside the wireless community. News wires are replete with story after story of a future nirvana when we won’t need tethered connections to communicate.

Pundits of this theory add credence to their beliefs by looking to the abysmal landline loss numbers sustained over the past two decades by the major U.S. and European telecommunications carriers.

There is no question that the number of U.S. households using only wireless telephone service is increasing. Neilson (http://www.adweek.com/aw/content_display/news/media/e3i68343da3c822c824702047235ee9f592) recently reported that one out of five households could be wirelines by year end 2008!

But this doesn’t tell the whole story. The flip side of these numbers demonstrates that more than 80% of US households still maintain a wired telephone service. Worldwide, broadband DSL wireline deployments (http://www.broadband-forum.org/news/download/pressreleeases/2008/400million.pdf) continue to set the pace for all broadband service options and remain the most cost effective method of deploying broadband connections.

On the surface, the net worldwide landline gain and simultaneous landline loss in the U.S. appear to work in contradiction. A deeper look at the broadband phenomenon, however, reveals a very significant paradigm shift.

At NXTcomm 2008, Randall Stephenson CEO of AT&T, began his keynote speech asking a very poignant question: What business are we in? (http://www.fiercetelecom.com/story/nxtcomm-tuesday-keynote-stephenson-knows-his-velocity/2008-06-17)While the answer may seem obvious coming from the head of a major telco, Mr. Stephenson’s question prodded the audience to ponder the future of telecommunications.

He saw ever increasing demand for bandwidth, video file sharing and conferencing over both wired and wireless networks, email, video gaming and cell phone text messaging all combined, threatening network capacitances worldwide.


One network executive noted that if 5% of a neighborhood simultaneously logged onto U-tube, local DSL node capacity would be taxed beyond capacity. No one foresaw how quickly network capacities would be threatened.

Mr. Stephenson rhetorically answered his own question by stating that AT&T and others in the telecom industry are, “in the business of velocity.”

In a sentence, Mr. Stephenson redefined the future of modern telephony as the supplier of the consumer’s ever increasing demand for bandwidth.


Another way of looking at the telecom paradigm shift is noting that carriers are moving from narrowband to broadband and from telephony to video and data delivery. The copper wires that carry the telephone signal are quickly becoming large pipes of bandwidth delivery, relegating the telephone portion of that pipe’s content to a small seat in the back row, at least for now.

Telecom professionals and consumers both realize that the landline remains the most reliable and cost-effective method of providing this broadband capability. Again, in its current form, plain old telephone service (POTS) is becoming a smaller and smaller portion of the broadband pie.

Those who predict the future death of landline telephone service are a bit myopic.

In my opinion, no amount of wireless arrogance will discourage the embedded wireline asset as it lays awaiting innovation.

Once sufficient broadband capability is provided to the last mile, whole new worlds of home entertainment and communications capabilities are born.

One only has to recall the recent presidential election where we saw networks unveiling virtual imaging and wall-sized interactive touch screen monitors.

A recent Yellow Pages commercial depicted a young man in real time interaction with his karate teacher, again utilizing interactive virtual imaging.

We have achieved George Orwell’s 1984 prediction, with interactive television walls becoming reality. All these advances and many more become available to the home once sufficient bandwidth is available. This includes real time video home telephony!

Follow the popular rhetoric and prognosticate the death of wired telephony if you must but understand this, in 2007 a full 80%* or about 198 billion dollars of total equipment CAPEX (http://www.fiercewireless.com/press-releases/china-and-india-lead-worldwide-telecom-carrier-capex-and-revenue-growt) (capital expenditures) by the telecommunications industry worldwide was spent outside the mobile arena.

*Note: The Fierce Wireless article is a bit misleading. If 20% CAPEX in wireless represents the “bulk,” of expenditures doesn’t that mean the vast majority or 80% was allocated elsewhere? Referencing the Broadband Forum data we understand the majority of broadband deployments for 2007 went toward copper wireline and DSL deployment/upkeep.

No matter how one interprets the data, worldwide landline spending far outweighed wireless spending many time over in 2007.

As we await Rim Semi news of the finalization of this next round of funding, we are heartened to know the world eagerly awaits the CupriaTM solution.

D1;)

[destiny1]

Sent the Demise of Landline post to Brad Ketch. Here is his response.

Nice work, George. The media keep getting it wrong when they talk about wireline disconnects. It has to do with the way that the regulated telcos report their numbers to the FCC and in their quarterly reports. A subscriber who has both DSL and voice service on the same line gets counted twice: once in the DSL column and once in the voice column. When he cancels his voice service but keeps DSL, it is counted as a voice loss. When AT&T reports that they lost voice customers, the media jumps all over it. But what often goes unreported is the continued DSL growth.

Brad

[destiny1]

As follow-up to Thursday's post, here is an article demonstrating just how bad the capacity crunch really is. Though this piece focuses on the internet backbone, the last mile remains the weakest link in the chain. The need for a cost-effective wireline solution to the home remains as great as ever!

We're rootin' for you CupriaTM.

D1;)

Study: Internet could run out of capacity in two years (http://www.macworld.com/article/61123/2007/11/internetcapacity.html)

by Grant Gross, IDG News Service (http://www.macworld.com/contact.html?t=e&e=Grant+Gross%2C+IDG+News+Service&ssid=2&sid=61123), MacCentral (http://www.maccentral.com/)
Consumer and corporate use of the Internet could overload the current capacity and lead to brown-outs in two years unless backbone providers invest billions of dollars in new infrastructure, according to a study released Monday.

A flood of new video and other Web content could overwhelm the Internet by 2010 unless backbone providers invest up to US$137 billion in new capacity, more than double what service providers plan to invest, according to the study, by Nemertes Research Group, an independent analysis firm. In North America alone, backbone investments of $42 billion to $55 billion will be needed in the next three to five years to keep up with demand, Nemertes said.

The study is the first to “apply Moore’s Law (or something very like it) to the pace of application innovation on the ‘Net,” the study says. “Our findings indicate that although core fiber and switching/routing resources will scale nicely to support virtually any conceivable user demand, Internet access infrastructure, specifically in North America, will likely cease to be adequate for supporting demand within the next three to five years.”

The study confirms long-time concerns of the Internet Innovation Alliance (IIA), an advocacy group focused on upgrading U.S. broadband networks, said Bruce Mehlman, co-chairman of the group. The group, with members including AT&T, Level 3 Communications, Corning, Americans for Tax Reform and the American Council of the Blind, has been warning people of the coming “exaflood” of video and other Web content that could clog its pipes.

The study gives “good, hard, unique data” on the IIA concerns about network capacity, Mehlman said. The Nemertes study suggests demand for Web applications such as streaming and interactive video, peer-to-peer file transfers and music downloads will accelerate, creating a demand for more capacity. Close to three-quarters of U.S. Internet users watched an average of 158 minutes of video in May and viewed more than 8.3 billion video streams, according to research from comScore, an analysis group.

Internet users will create 161 exabytes of new data this year, and this exaflood is a positive development for Internet users and businesses, IIA says. An exabyte is 1 quintillion bytes or about 1.1 billion gigabytes. One exabyte is the equivalent of about 50,000 years of DVD quality video.
Carriers and policy makers need to be aware of this demand, Mehlman added.

“Video has unleased an explosion of Internet content,” Mehlman said. “We think the exaflood is generally not well understood, and its investment implications not well defined.”

The responsibility for keeping up with this growing demand lies with backbone providers and national policy makers, added Mehlman, also executive director of the Technology CEO Council, a trade group, and a former assistant secretary of technology policy in the U.S. Department of Commerce.

“It takes a digital village,” he said. “Certainly, infrastructure providers have plenty to do. You’ve seen billions in investment, and you’re seeing ongoing billions more.”
U.S. lawmakers can also help in several ways, he said. For example, the U.S. Congress could require that home contractors who receive government assistance for building affordable housing include broadband connections in their houses, he said. Congress could also provide tax credits to help broadband providers add more capacity, he said.

Consumers also pay high taxes for telecommunication services, averaging about 13 percent on some telecom services, similar to the tax rate on tobacco and alcohol, Mehlman said. One tax on telecom service has remained in place since the 1898 Spanish-American War, when few U.S. residents had telephones, he noted.

“We think it’s a mistake to treat telecom like a luxury and tax it like a sin,” he said.

[destiny1]

For those who missed the press release from Telcordia in 2006, here is a reprint of the original article published by Dr. Ken Kerpez as it as it appeared in the XDSL newsletter. The product name is now CupriaTM and we know that since this publication speeds of greater than 360 Mbps over short distances and 40 Mbps @ 5500 feet (http://www.reuters.com/article/pressRelease/idUS119530+29-Jan-2008+BW20080129) have been achieved!

D1;)


Telcordia research finds Rim Semiconductor's DSL technology delivers 200Mbps.(MARKET INTELLIGENCE)
XDSL News - September 1, 2006
Gale Reference Team

Word count: 540.
citation details (http://media-server.amazon.com/exec/drm/amzproxy.cgi/MzEyINeMjSaNcck0gk2KlzKoXbwo+iWZGaRILnhi0nG5lich6w uXiNaDUB+6ZU0s+wwIyVT1Vi2WgrLxZ98FH9+CugUaDS7P8mTa ZzymVFM5GHYtBeQY4XQIW2yA6zzDjZRUxzbXgwT/BhABVE2eo86KHimdHlhMdoXH6z7I2qv66JNsjQfqtHHUA/zHZJiMYdAtWFBrzeX+bBISGOtYoI1dOXM6/0nC6Z6Q86yPCI7pc80wLqSg/ugZm+Za16it24PLgawtRp+gVcNqK1Br73l6jDxwQsv1dDBoFd2 xabk5FtQi9Uyu/WPWhPvwwcu9WoLRdjD7y7gfKIOsBGLD+vavRNH0TO2K+x89tVl cOe76XStqMHaXHbFZRx4O9+WV/J3S8Ox/bXXMUi7ePGi9thU+37q4mw==$/GALDG0152332731.html#docDetails) Rim Semiconductor's Embarq chips deliver up to 200Mbps--100 percent faster than traditional VDSL2 technology. That is the conclusion of a research report from Telcordia Technologies, formerly Bell Labs. Telcordia found that semiconductors from Rim Semiconductor Company, a provider of video-over-copper technology, outperform VDSL2 chips in both speed and quality--the two key technology issues for telecommunications companies trying to offer very high speed data services as well as video services, such as Internet Protocol Television (IPTV).
Overall, the study indicates that Rim Semiconductor offers better performance than competitive solutions to meet the demands of today's advanced broadband deployments. Specifically, Telcordia found that the Embarq product line delivers higher bit rates on both short and long copper loops than VDSL2 and higher data quality with fewer noise issues, improving the overall quality of service for end-users. Embarq also coexists better with other technologies, including ADSL and fiber, due to its avoidance of low frequencies and its low power to avoid crosstalk, another issue impacting delivery quality.
"Rim Semiconductor has developed a new and very different very-high-speed DSL that achieves higher bit rates than VDSL2 on both short and long loops," said Dr. Kenneth J. Kerpez, senior scientist, Applied Research, Telcordia Technologies. "Carriers now have a powerful tool to offer a full range of services. The technology from Rim Semiconductor also has unique capabilities for carriers, including efficient modulation technology for higher speed transmission, and an on-the-fly adaptive equalization to limit noise that can cause service disruption on a line carrying IPTV signals."
Using accurate models of transmission systems and the copper telephone loop plant, Telcordia tested Rim Semiconductor's Embarq chips against VDSL2 profile 12a products that are being used by telecommunications carriers for new triple-play services deployments. Detailed test observations include the following:
--Embarq achieves higher bit rates on short loops and long loops from 40 percent to more than 100 percent versus VDSL2 (12a), so carriers can offer IPTV services;
--By including a low noise receiver, Embarq allows speeds as much as twice those of VDSL2 for better throughput for video-over-copper;
--Embarq enables custom upstream or downstream data delivery, so very high downstream rates can be offered for residential video and high upstream speeds for business areas;
--With its unique on-the-fly adaptive equalization, Embarq can adapt to time-varying noise instantaneously;
--Embarq is far more capable of handling time varying Repetitive Electrical Impulse Noise (REIN), resulting in a 50 percent performance improvement vs. VDSL2;
--By avoiding low frequencies, Embarq allows coexistence with existing DSL types, as well as fewer crosstalk issues for fiber than from VDSL2 or ADSL2+.
"Today's technology for IPTV deployments does not offer the speed and quality required for true high-definition video services," stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company. "Rim Semiconductor has been focused on developing innovative new technology to make IPTV a reality for consumers and for carriers. The Telcordia research validates the hard work of our engineering team and proves that there is a better DSL technology for next-generation video-over-copper deployments. We look forward to working with industry partners to bring Embarq to market."


Citation Details Title: Telcordia research finds Rim Semiconductor's DSL technology delivers 200Mbps.(MARKET INTELLIGENCE)
Author: Gale Reference Team
Publication: XDSL News (Newsletter)
Date: September 1, 2006
Publisher: Thomson Gale
Volume: 10 Issue: 9 Page: 11(2)

[deeba]

I talked to Ray this morning. As we finished the call and because there has been so little communication from Rim Semiconductor, I asked if our conversation could be shared with others.

He said he had no problem with that.

This is a summary of our conversation:

Funding - Both Brad and Ray are working on getting funding. More than one entity, individual & corporate, has expressed interest. With these difficult economic times, potential investors find it difficult to “part with their cash”. Ray assured me that Rim Semi has always passed the DD required by potential investors.

Employees – Both Ray and Brad are in communication with Dave Wojcik on a regular basis. The engineers will return to Rim once funding is secured.

Customers – Brad is still in contact with the customers, many of them on a monthly basis. They need our tech, there is nothing else out there even close to Cupria.

Regarding Brad and Ray – They believe Rim Semi will get funded. If not, they would not still be here. They are both working out of their own pockets. They are working and living off their own personal equity.

Timelines – I asked, he would not give any timelines. But I am sure they both want to get this funding done more than we can imagine.

deeba

[smtm]

http://www.teamlightbulb.com/Supercomm_Devices.html

Seems to me that this is opportunity. Is RSMI participating?