SEC and Acacia pumping, 2002????? - GoFuckYourself.com

BradShaw · 10-28-2003, 02:46 PM

http://www.sec.gov/litigation/litreleases/lr17676.htm

Looks like there was some shady stuff going on, all the way back to 1995........

eroswebmaster · 10-28-2003, 02:47 PM

scoundrels...I call shenannigans!

ytcracker · 10-28-2003, 02:48 PM

sherlock shaw

doober · 10-28-2003, 02:48 PM

I second the shenannigans!

lock · 10-28-2003, 02:51 PM

run to Spain another Skase

Tipsy · 10-28-2003, 02:53 PM

A perfect demonstration of the type of people we're dealing with. Genuinely no better than common thieves.

WiredGuy · 10-28-2003, 03:10 PM

Nice catch Brad. Who is Mark Schultz though? Just seems to be a trader who tried to inflate certain stocks like Acacia.

WG

Tipsy · 10-28-2003, 03:22 PM

Quote:

Originally posted by WiredGuy
Nice catch Brad. Who is Mark Schultz though? Just seems to be a trader who tried to inflate certain stocks like Acacia.

WG

But it seems was paid cash to do so. I'd hate to be a deluded share owner of Acaica who is planning to stay for the long haul. These guys keep proving that they have few if any ethics and are not adverse to both misleading their stock holders, and it seems in this case paying to artificially inflate stock. Funny in a tragic way.

Dravyk · 10-28-2003, 04:02 PM

Brad, you done good.

Dawgy · 10-28-2003, 04:18 PM

so, with all the shit they're pulling, and the past shit they've done....

why dont we just turn them over to the SEC?

hyatla · 10-28-2003, 04:37 PM

Quote:

Originally posted by Dawgy
so, with all the shit they're pulling, and the past shit they've done....

why dont we just turn them over to the SEC?

Dawgy, give me an AIM at hyatla when you get a chance. It's about my stuff in phoenix. Thank you.

sumphatpimp · 10-28-2003, 05:05 PM

everybody should read this

"bump"

vicki · 10-28-2003, 05:10 PM

well I'll beeeee
to coin a phrase
things just keep getting curiouser anc curiouser

Honeyslut · 10-28-2003, 05:27 PM

Thank you for sharing that link, Brad

I am adding to my file on Acacia

BradShaw · 10-28-2003, 05:54 PM

Quote:

Originally posted by Dawgy
so, with all the shit they're pulling, and the past shit they've done....

why dont we just turn them over to the SEC?

I am sure SEC has been turned onto ACTG stock happenings. But they do not do investigations overnight.

Also a good read:
http://finance.messages.yahoo.com/bb...0497&mid=23397

doober · 10-28-2003, 06:01 PM

someone should send a link to Far-L it may be helpful...

bumP

WiredGuy · 10-28-2003, 06:19 PM

Thanks for pointing out all these links Brad, very useful indeed. Keep posting them as you find them...

WG

fitnessphotos · 10-28-2003, 06:27 PM

http://www.newbiewebmasters.com/show...&threadid=8673

JFPdude · 10-28-2003, 06:28 PM

Good Stuff Brad !!!

fitnessphotos · 10-28-2003, 06:34 PM

Looks like they are burning through cash and getting very little money in return for their "license fees".

Acacia Technologies Group
# (A Division of Acacia Research Corporation)

Financial Results

DMT license fee revenues for the third quarter of 2003 were $186,000 versus $43,000 in the comparable 2002 period. Since November 2002, the Acacia Technologies group has entered into 53 license agreements for its DMT technology. Sixteen (16) of these license agreements were executed in the third quarter of 2003. Subsequent to September 30, 2003, the Acacia Technologies group entered into an additional 12 license agreements. All of the Acacia Technologies group's DMT license agreements provide for recurring license fee payments to be made by the respective licensees over the term of the licenses.

The third quarter 2003 division net loss was $1,296,000 versus $5,275,000 in the comparable 2002 period. Included in the third quarter 2003 division net loss are non-cash patent amortization charges totaling $125,000 and depreciation charges totaling $28,000. Non-cash amortization of patents and depreciation charges totaled $465,000 and $55,000, respectively, in the comparable 2002 period. The third quarter 2002 division net loss also included a non-cash impairment charge totaling $2,748,000 related to a decline in fair value of a cost-method investment.

Marketing, general and administrative expenses decreased to $1,553,000 from $2,113,000 in the comparable 2002 period, primarily due to a reduction in professional fees related to Acacia Research Corporation's recapitalization and merger transactions completed in December 2002, a reduction in corporate legal expenses, and a reduction in overhead due to reduced general and administrative personnel compared to the prior year quarter. The decrease was partially offset by an increase in costs related to Acacia Technologies group's ongoing DMT patent commercialization and enforcement efforts, including increased legal and engineering costs related to new patent claims and the identification of additional potential licensees of our DMT technology.

Financial Condition

Total assets for the Acacia Technologies group were $41,532,000 as of September 30, 2003 compared to $47,212,000 as of December 31, 2002. Cash and cash equivalents and short-term investments totaled $34,525,000 as of September 30, 2003 compared to $39,792,000 as of December 31, 2002.

At this burn rate, you have to wonder when the company will realize that their cost of doing business in this model doesn't work.

FightThisPatent · 10-28-2003, 06:56 PM

catch up on all things acacia in the thread titled: FTP's Acacia FAQ:

http://www.gofuckyourself.com/showth...hreadid=190214

Fight the Patent!

FightThisPatent · 10-29-2003, 07:08 AM

(somewhat related topic... re-posted here)

One company that settled said they didn't get a sweetheart deal and that they don't believe there was ever a sweetheart deal with anyone.

If there were sweetheart deals, it would be a no-no for Acacia since that would violate some antitrust laws.

These come to mind:

Sherman Anti-trust Act (1890)
Section 1 outlaws contracts and conspiracies in restraint of trade

Clayton Act (1914)
Section 2, amended by Robinson-Patman Act (1936), bans price discrimination that substantially lessens competition

Section 3 prohibits certain practices that might keep other firms from entering an industry or competing with an existing firm

Section 7, amended by the Celler-Kefauver Act (1950), outlaws mergers that substantially lessen competition

Federal Trade Commission Act (1914)

Section 5, amended by the Wheeler-Lea Act (1938), prohibits unfair methods of competition and unfair or deceptive acts

If you are a sponsor and you feel that other sponsors got sweetheart deals, you are able to make a complaint at:

https://rn.ftc.gov/pls/dod/wsolcq$.startup?Z_ORG_CODE=PU01

Fight the Patent!

KRL · 10-29-2003, 07:14 AM

Wow, nice find Brad!

Looks like we've got some seasoned stock promoters.

10-28-2003, 02:46 PM	#1
BradShaw Confirmed User Join Date: Oct 2001 Location: KB's trailer Posts: 7,840	SEC and Acacia pumping, 2002????? http://www.sec.gov/litigation/litreleases/lr17676.htm Looks like there was some shady stuff going on, all the way back to 1995........ __________________ Sig too big http://www.gofuckyourself.com/gfy_faqs.html Want to use a large banner in your sig??? Contact Eric about getting on as an advertiser - eric AT adult.com

10-28-2003, 02:47 PM	#2
eroswebmaster March 1st, 2003 Join Date: Jul 2001 Location: Seat 4 @ Venetian Poker Room Posts: 20,295	scoundrels...I call shenannigans! __________________ For rent - ICQ 127-027-910 Click here for more details

10-28-2003, 02:48 PM	#3
ytcracker stc is the greatest Join Date: Dec 2002 Location: rip sean murray Posts: 12,403	sherlock shaw __________________ www.ytcracker.com \| www.digitalgangster.com i love you

10-28-2003, 02:51 PM	#5
lock Confirmed User Industry Role: Join Date: Jul 2003 Location: Australia Posts: 5,065	run to Spain another Skase __________________ Traffic.Tools - 40+ Free Tools Free.Marketing - 150+ Free Tools Submission.Tools - 20+ Free Tools

10-28-2003, 02:53 PM	#6
Tipsy Confirmed User Join Date: Jul 2001 Location: See sig Posts: 6,989	A perfect demonstration of the type of people we're dealing with. Genuinely no better than common thieves. __________________ Ignorance is never bliss.

10-28-2003, 02:48 PM	#4
doober Confirmed User Join Date: Jul 2003 Location: in yoOoo kitchen Posts: 6,984	I second the shenannigans!

10-28-2003, 03:10 PM	#7
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,494	Nice catch Brad. Who is Mark Schultz though? Just seems to be a trader who tried to inflate certain stocks like Acacia. WG __________________ I play with Google.

10-28-2003, 04:02 PM	#9
Dravyk Confirmed User Join Date: Jan 2001 Location: Yo, Philly! Posts: 1,202	Brad, you done good. __________________ All Of 'Em

10-28-2003, 04:18 PM	#10
Dawgy Confirmed User Join Date: Jul 2001 Posts: 5,856	so, with all the shit they're pulling, and the past shit they've done.... why dont we just turn them over to the SEC? __________________ the revolution is coming.

10-28-2003, 05:05 PM	#12
sumphatpimp Confirmed User Join Date: Aug 2002 Posts: 5,235	everybody should read this "bump"

10-28-2003, 05:10 PM	#13
vicki Confirmed User Industry Role: Join Date: Feb 2002 Location: Deep in the heart o' Texas Posts: 1,478	well I'll beeeee to coin a phrase things just keep getting curiouser anc curiouser __________________ If at first you do succeed - try to hide your astonishment. HR merchant accounts from 3.45% solid biz since 98 victoriakozub AT gmail.com skype: victoria.kozub \| ICQ: 74296746

10-28-2003, 05:27 PM	#14
Honeyslut Confirmed User Industry Role: Join Date: Jan 2001 Location: Ass Valley, Ca Posts: 6,436	Thank you for sharing that link, Brad I am adding to my file on Acacia __________________ http://nakedlunchnews.comWhat's up ? Naked Lunch News !

10-28-2003, 06:01 PM	#16
doober Confirmed User Join Date: Jul 2003 Location: in yoOoo kitchen Posts: 6,984	someone should send a link to Far-L it may be helpful... bumP

10-28-2003, 06:19 PM	#17
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,494	Thanks for pointing out all these links Brad, very useful indeed. Keep posting them as you find them... WG __________________ I play with Google.

10-28-2003, 06:27 PM	#18
fitnessphotos Confirmed User Join Date: Dec 2002 Posts: 109	http://www.newbiewebmasters.com/show...&threadid=8673 __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

10-28-2003, 06:28 PM	#19
JFPdude Confirmed User Join Date: Jan 2002 Location: Mountains of Western North Carolina. Posts: 4,027	Good Stuff Brad !!!

10-28-2003, 06:34 PM	#20
fitnessphotos Confirmed User Join Date: Dec 2002 Posts: 109	Looks like they are burning through cash and getting very little money in return for their "license fees". Acacia Technologies Group # (A Division of Acacia Research Corporation) Financial Results DMT license fee revenues for the third quarter of 2003 were $186,000 versus $43,000 in the comparable 2002 period. Since November 2002, the Acacia Technologies group has entered into 53 license agreements for its DMT technology. Sixteen (16) of these license agreements were executed in the third quarter of 2003. Subsequent to September 30, 2003, the Acacia Technologies group entered into an additional 12 license agreements. All of the Acacia Technologies group's DMT license agreements provide for recurring license fee payments to be made by the respective licensees over the term of the licenses. The third quarter 2003 division net loss was $1,296,000 versus $5,275,000 in the comparable 2002 period. Included in the third quarter 2003 division net loss are non-cash patent amortization charges totaling $125,000 and depreciation charges totaling $28,000. Non-cash amortization of patents and depreciation charges totaled $465,000 and $55,000, respectively, in the comparable 2002 period. The third quarter 2002 division net loss also included a non-cash impairment charge totaling $2,748,000 related to a decline in fair value of a cost-method investment. Marketing, general and administrative expenses decreased to $1,553,000 from $2,113,000 in the comparable 2002 period, primarily due to a reduction in professional fees related to Acacia Research Corporation's recapitalization and merger transactions completed in December 2002, a reduction in corporate legal expenses, and a reduction in overhead due to reduced general and administrative personnel compared to the prior year quarter. The decrease was partially offset by an increase in costs related to Acacia Technologies group's ongoing DMT patent commercialization and enforcement efforts, including increased legal and engineering costs related to new patent claims and the identification of additional potential licensees of our DMT technology. Financial Condition Total assets for the Acacia Technologies group were $41,532,000 as of September 30, 2003 compared to $47,212,000 as of December 31, 2002. Cash and cash equivalents and short-term investments totaled $34,525,000 as of September 30, 2003 compared to $39,792,000 as of December 31, 2002. At this burn rate, you have to wonder when the company will realize that their cost of doing business in this model doesn't work. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

10-28-2003, 06:56 PM	#21
FightThisPatent Confirmed User Join Date: Aug 2003 Location: Austin, TX Posts: 4,090	catch up on all things acacia in the thread titled: FTP's Acacia FAQ: http://www.gofuckyourself.com/showth...hreadid=190214 Fight the Patent! __________________ http://www.t3report.com (where's the traffic?) v5.0 is out! \| http://www.FightThePatent.com \| ICQ 52741957

10-29-2003, 07:08 AM	#22
FightThisPatent Confirmed User Join Date: Aug 2003 Location: Austin, TX Posts: 4,090	(somewhat related topic... re-posted here) One company that settled said they didn't get a sweetheart deal and that they don't believe there was ever a sweetheart deal with anyone. If there were sweetheart deals, it would be a no-no for Acacia since that would violate some antitrust laws. These come to mind: Sherman Anti-trust Act (1890) Section 1 outlaws contracts and conspiracies in restraint of trade Clayton Act (1914) Section 2, amended by Robinson-Patman Act (1936), bans price discrimination that substantially lessens competition Section 3 prohibits certain practices that might keep other firms from entering an industry or competing with an existing firm Section 7, amended by the Celler-Kefauver Act (1950), outlaws mergers that substantially lessen competition Federal Trade Commission Act (1914) Section 5, amended by the Wheeler-Lea Act (1938), prohibits unfair methods of competition and unfair or deceptive acts If you are a sponsor and you feel that other sponsors got sweetheart deals, you are able to make a complaint at: https://rn.ftc.gov/pls/dod/wsolcq$.startup?Z_ORG_CODE=PU01 Fight the Patent! __________________ http://www.t3report.com (where's the traffic?) v5.0 is out! \| http://www.FightThePatent.com \| ICQ 52741957

10-29-2003, 07:14 AM	#23
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Wow, nice find Brad! Looks like we've got some seasoned stock promoters. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains