Interesting prospectus

by Volker Weber

This looks very much like trying to catch a falling knife:

We are not selling any shares of the Common Stock covered by this prospectus, and, as a result, will not receive any proceeds from this offering.

Interesting disclosure:

Effective April 1, 2011, the Company acquired 100% of the outstanding common shares of Pavone AG, a German corporation, for $350,000 in cash and 1,000,000 shares of its common stock. The fair value of the common stock was determined to be $4.90 per share, representing the market value at the end of trading on the date of the acquisition.

Those shares lost more than 90% of their value since the acquisition.

More >

Comments

I couldn't decide if this paragraph in the first link was a typo

Page 9
Should IBM choose to longer promote its Lotus Notes products, our anticipated growth avenues may be adversely affected. We would likely seek to shift our operations to concentrate more heavily on migration and modernization solutions such as Group Live and Transformer.

Sean Cull, 2012-07-21 22:38

@Sean: page 28 clarifies this, I guess:
Should IBM choose not to: promote the Lotus brand; make further investments in the Notes and Domino platform technology itself; or, support the positioning of our products in the market, we might not see the growth we are anticipating and our business could be materially adversely affected.

Frank Michel, 2012-07-23 10:54

Recent comments

Stefano Benassi on DNUGcomes2me at 13:10
Oliver Regelmann on Notes/Domino: Neues Leben für die Kollaborationsplattform at 22:54
Stuart McKay on DNUGcomes2me at 22:10
Hubert Stettner on Lindt :: Oh yeah at 20:20
Volker Weber on Notes/Domino: Neues Leben für die Kollaborationsplattform at 16:30
Markus Dierker on Notes/Domino: Neues Leben für die Kollaborationsplattform at 16:21
Mark Barton on DNUGcomes2me at 14:37
Lutz Haller on DNUGcomes2me at 14:08
Volker Weber on Lindt :: Oh yeah at 11:52
Andrew Magerman on Lindt :: Oh yeah at 11:02
Lars Berntrop-Bos on Lindt :: Oh yeah at 08:32
Ragnar Schierholz on Lindt :: Oh yeah at 22:42
Stephan H. Wissel on DNUGcomes2me at 17:34
Volker Weber on DNUGcomes2me at 12:05
Henning Heinz on DNUGcomes2me at 10:01
Markus Dierker on DNUGcomes2me at 08:21
Axel Koerv on #dnug45 im darmstadtium at 19:52
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Stephan Perthes on Elgato Eve Flare :: Erste Eindrücke at 10:49
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Volker Weber on #dnug45 im darmstadtium at 09:44
Ingo Spichal on #dnug45 im darmstadtium at 09:14
Hendrik Brunn on Elgato Eve Flare :: Erste Eindrücke at 23:23

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I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.

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