Acacia stock report SLAMMED!
 

Ladies and gentlemen, here it is:

http://quicken.com/investments/news/...697.var&p=ACTG

Hmmmm....the 13 license agreements they executed in the 2nd quarter only gave them 19K in revenue.

But they have over $50M cash on hand....so they definitely have the money to fight the court battles to the end.

That money has to fund their entire company, and they are deeply involved in development of vaccines, still fighting legal battles (appeals, consulting with lawyers which costs mucho $$) over the V-Chip issue, all kinds of things.
That's not just money to fight these patents... that's *total* money to operate.

"... compared to no license revenue in the comparable 2002 period."

Doesn't that make you want to piss on the heads of the idiots that gave them the $19,000? Get a fucking spine instead of feeding this bullshit extorionist of a company.

SpaceAce

Very Interesting. Chart is a classic formation of a double top and breakout. A breakout on bad news, oh my. Let's see what happens when it test support lines.

So they are no longer selling a product.. only collecting money from licenses? (See the balance sheets at the end). But the estimated worth of the patent is so far less than their legal fees...

interesting.

Even if they win their court case with the adult industry, I wouldn't want to invest in this company.

With the Visa/MC crackdowns, adult revenue is bound to fall.

I think they're kidding themselves as far as the potential revenue in this biz.

your right, we should all quit and go work at walmart

The execs in the company are pulling $250K salaries. That's not a lot of money, but still when you're not profitable its bs for the shareholders to have such a load of dough going out for the upper echelon.

What are you talking about? That was the entire foundation for the internet boom of the 90's. :1orglaugh These jokers just don't get that they missed that bus already.

I'm surprized you didn't mention McDonald's.

:1orglaugh

because some of us still possess the skills to skip the grill and go straight for the blue vest.....

Hmmm! $19,000 licensing revenues, 27 license agreements, 13 non included in the report for the second quarter.

Let's see -- 19,000 divided by 14 comes out to $1,357.14 per license, almost $150.00 under the minimum for webmasters grossing 50K or less. CE settled and makes a HELL of a lot more than 50K per year. These guys must have made some sweet deals.

I know few people that dabble in the stock market, a few of'em, do nothing but short :Graucho I hope they passed the email on.

Don't be so sure. They have more than just this one lawsuit to fight, and if webmasters were to start suing them for making false claims about their patent, which some people have suggested they might, the money could go pretty fast.

I hope Acacia pisses off a few more of the wrong people and faces their wrath.

Easy way to avoid Acacia is simple. Form your corporation offshore, preferably in a tropical place where you can vacation and write it off like I did, the Dominican Republic. NO FEDERAL judge can enforce an injunction out of U.S. jurisdiction.

My money is offshore, my corporation is offshore, I guess all Acacia can do now is GO FUCK YOURSELF!!! After telling Acaica just that, this was the reply from Kevin Senkman.

"Don't say that I didn't warn you."

LOL, come getme beeatch!

We should have bought their stock last week when they sent out their second round of agreements. Could have almost doubled your money in about a week and a half. Was about $1.50/share almost hit $3 today . . . that would be hedging your position :)

um.. I would have formed the company under a blind trust or something first before issuing challenges.

The stock fell 16% in afterhours trading...

Media

It is all about the timing :)

They do, however, have the most depressing staements:

"THE ACACIA TECHNOLOGIES GROUP'S SUCCESS IS BASED ON ITS ABILITY TO PROTECT ITS PROPRIETARY TECHNOLOGY AND ITS ABILITY TO DEFEND ITSELF AGAINST INFRINGEMENT CLAIMS. "

"From time to time, the Acacia Technologies group may be subject to third-party claims in the ordinary course of business, including claims of alleged infringement of proprietary rights. Any such claims may harm the Acacia Technologies group by subjecting it to significant liability for damage and invalidating its proprietary rights. These types of claims, with or without merit, could subject the Acacia Technologies group to costly litigation and diversion of its technical and management personnel. The Acacia Technologies group depends largely on the protection of enforceable patent rights. The Acacia Technologies group has applications on file with the U.S. Patent and Trademark Office seeking patents on its core technologies and has patents or rights to patents that have been issued. We cannot assure you that the pending patent applications of the Acacia Technologies group will be issued, that third parties will not violate, or attempt to invalidate these intellectual property rights, or that certain aspects of those intellectual property will not be reverse-engineered by third parties without violating the patent rights of the Acacia Technologies group."

It may be in our best interests to sue them and kick them while they are down . . .

Several people have suggested that would be the best course of action.

Why would I need a blind trust? To start, we are utilizing Bearer Shares, secondly, aside from my first name, they really have no clue who I am. I am sure they say they know who I am, but Mario in the latin world is like Adam, John, Michael or any other common name in American :)

Hell, even if I gave those bastards my last name, do you know how common that is?? Try busting out a Mexican phonebook and looking up Jorge Gonzales. :Hollering

About the only way to find them specifically is to loook up the full name, Jorge Romero Valenzuela Chavez Gonzales. only then might he narrow it down to about 10!!

-M

still a trust is the best believe me we had some difficulties and it all ended because the trust couldnt be traced (offshore). A trust is like $300 in the most central american countries easy to incorporate... thought of putting your bank offshore as well ?

CECash is under a confidentiality agreement with Acacia. That's why we can't comment. When the truth comes out, you will all be very surprised.

So keep spinning your fairy tails.

good thinkin ... except acacia can just get an injunction on visa/mc to stop processing sales on your site and stop allowing banks to send $ to your offshore account. don't worry about that tho, I'm sure that's already come into your consideration.

it also doesn't matter if acacia goes out of biz ... because it'll just be the next person who picks up their flag and carries it back onto the battlefield. In the case of this type of patent, it'll probably be someone like aol/time warner, MS, apple, or real - none of whom are going away anytime soon, and can fight a much more ferocious battle. The key here is to beat these suits before acacia folds and set the court precedent against their lawyers, else we're truly fucked.

VirtuMike, I count on your reports! Besides I still use your zippo lighter!

i agee that would have been en excellent stock to hedge too.

In yesterday's Acacia conference call on earnings, Acacia said that they had $58,000 in pre paid licensing fees. I'm not exactly sure if that means it was $58k for a term of one year prepaid or whether that was an amount prepaid for longer terms of licensing, but in any case that would seem to be a small amount considering they had Virgin, Lodgenet and CE in there, as well as 24 others. Boobmaster called it a sweet deal and your calling his viewpoint a fairy tale? The disclosed numbers would seem to confirm boobmaster's view.

And they LOST 6 MILLION in this past quarter.....my math tells me they will be broke inside of 18months at this rate. Let's just ride it out

:thumbsup :thumbsup :thumbsup

interesting...

Are confidentiality agreements a standard part of the
licensing agreement?? All I've seen so far is you sign the
license, pay the fee based upon your income and that's it.

I mean you are just licensing the use of their self proclaimed
technology, right?

Why would a confidentiality agreement be required?