Rim Semiconductor updates

[destiny1]

Originally Posted by HopefulOne

Wheels, I could be wrong, but it was my understanding that MOST of those warrants have now expired. Anyone else heard that?

H.1.

I asked Ray about this question. Here' s the latest:

The warrants are not likely to be exercised below .15. If sold below that price, the warrant holders will loose money. That doesn't mean they will all be exercised at .15 however. Some warrant holders may wnat to hold the stock indefinitely. .15 is only the threshold price. When exercised, there will be an influx of cash into the company. A lot will depend on perceived prospects for future stock appreciation.

Regarding the debentures, in December of 2006 Rim Semi issued 42 million shares (debentures) in raising 4 million dollars. 41.6 million shares have been accounted for. That only leaves 400k shares unaccounted for and could be added to the float.

Lastly, IMO, as promulgated in Brad's recent PL, Rim has new deals yet to be announced. I expect they are waiting for the stock market to settle down before making new announcements.

D1

[HopefulOne]

Thanx for clarifying that, D.1.

[doughjo]

Nice buying today. up 12.5%

[destiny1]

I sent Brad and Ray a copy of the PR and my comments on the Embarq trial. Here is his response:

We are not going to be able to comment on it. While we know a great deal about Embarq’s plans, we aren’t allowed to discuss them publicly.

Brad

[Stoppmann]

Originally Posted by destiny1

I sent Brad and Ray a copy of the PR and my comments on the Embarq trial. Here is his response:

We are not going to be able to comment on it. While we know a great deal about Embarq’s plans, we aren’t allowed to discuss them publicly.

Brad

Thanks for trying

[wheels]

Originally Posted by destiny1

I sent Brad and Ray a copy of the PR and my comments on the Embarq trial. Here is his response:

We are not going to be able to comment on it. While we know a great deal about Embarq’s plans, we aren’t allowed to discuss them publicly.

Brad

I doubt that PR by Embarq involves Cupria. They wouldn't do a city wide test using FPGA chips and I don't believe the ASSP has been fabricated.

I have no doubt they are going to do a market test with our chip in the future but I don't think this is it.

[destiny1]

Wheels,
The initial tests were never designed to be city wide. In his last PL Brad stated:
We have lined up demonstrations of our breakthrough technology with several potential customers. We are confident that these customers will ultimately buy our product in volume.

Additionally, this field-hardened unit can also be deployed in CO and RT environments for rigorous testing in real-world applications.

The chipset, line card and field evaluation board are all that is necessary for the telco to make a purchase decision. Once the customer decides what specific features are required on the final product, the ASSP (application specific signal processor) will be ordered and fabricated. Since CupriaTM ASSP chipsets can have variable features, VOIP or not, varying symmetric vs. asymmetric settings, it makes no sense to produce ASSPs until it is known what specific application they will serve.
http://www.rimsemi.com/products.html

D1

[wheels]

Originally Posted by destiny1

Wheels,
The initial tests were never designed to be city wide. In his last PL Brad stated:
We have lined up demonstrations of our breakthrough technology with several potential customers. We are confident that these customers will ultimately buy our product in volume.

Additionally, this field-hardened unit can also be deployed in CO and RT environments for rigorous testing in real-world applications.

The chipset, line card and field evaluation board are all that is necessary for the telco to make a purchase decision. Once the customer decides what specific features are required on the final product, the ASSP (application specific signal processor) will be ordered and fabricated. Since CupriaTM ASSP chipsets can have variable features, VOIP or not, varying symmetric vs. asymmetric settings, it makes no sense to produce ASSPs until it is known what specific application they will serve.
http://www.rimsemi.com/products.html

D1

You missed my point. There is speculation that Embarq's current city-wide market test is using Rim products. I don't think it is and my above statement is the reason why.

I have no doubt Embarq is working behind the scenes with Cupria FPGA's and line card (if it's finished), but IMO nothing in the recently publicized city-wide deployment involves Rim.

[destiny1]

Oh! you're right, if such a test is taking place, which I kind of doubt, it couldnt possibly be with Cupria chipsets. FPGA's would be too costly and unnecessary to produce for that purpose. Generally, an FPGA is used to determine what form the final product will take. Sorry for the misunderstanding.

D1

[wheels]

Originally Posted by doughjo

From Ihump

Breaking Business News
Embarq to try TV service package

http://www.kansascity.com/382/story/232733.html

Embarq Corp., the fourth-largest local-phone provider in the U.S., will test a television service in one of its markets to compete with cable companies.

Embarq, based in Overland Park, plans to offer TV with phone, Internet and wireless packages over its own network, said Harrison Campbell, president of consumer markets. Embarq now offers satellite TV in packages through an agreement with EchoStar Communications Corp.’s Dish Network.

Companies such as Time Warner Cable Inc. have lured customers away from Embarq with packages for home-phone service, leading to the loss of 146,000 subscribers in the second quarter. That has prompted phone companies such as AT&T Inc. to introduce TV to win customers on another front.

“We think that the costs of getting into video are coming down and the economics are there,” Campbell said in an interview. “At this point we feel better about it and we’re going to dip our toe in.”

Qwest Communications International Inc., the third-largest local-phone company in the U.S., said in June it may add a TV service if customers for AT&T’s U-verse TV package surge. Executive Vice President Dan Yost said then that he wanted to see that customers were ready to get TV from their phone companies.

Denver-based Qwest now offers television through an arrangement with DirectTV Group Inc. AT&T and Verizon Communications are the two largest local-phone companies in the U.S. by subscribers.

In late-morning trading, Embarq shares were down 41 cents at $58.62 on the New York Stock Exchange.

I wonder why they feel better about it?
I would like to believe it's because they tested Rim's chip as the indicated they would. Time will tell.
I also think they used an interesting phrase "we're going to dip our toe in." Sounds like they're not to sure of their decision.

The above is the test that is taking place in some market, presumably Las Vegas. Some assumed this test included Rim products. I don't believe it does.

Embarq and Rim are still likely to do a deal. I'm not discounting that. I just wanted to clairify that we're probably not involved in the above mentioned market test.

I think I've beat that into the ground. We're good.

I am looking for some news and a break out. I wonder how high the boys from New York will let the pps run? Kinda depends on the news and how many eyes are watching and lurking.

Destiny, you've quoted numbers of hits. How many people do you suppose the hits represent? How many people are poised to jump in when the pps starts to run? What kind of volume will we do when everyone realizes we clearly have the best game in town? If we get two or three PR's per week for several weeks, will the accumulation of news be good enough to absorb the warrants without backsliding? Is that possible? This inquiring mind would sure like to know.