Modavox Inc. (MDVX.OB)

WARNING, WARNING. ABE LINCOLN Pattern forming!!!
I have been very negative on Modavox, a company that is clearly a patent troll hoping a big company they are suing over minute similarities in vague patents will give them a bone to go away. Their only core business "voiceamerica", not to be confused with "voiceofamerica" loses money consistantly. The "new product Augme Mobile doesn't have a prayer. They are paying thier trolling lawyers (and their janitors) in company stock. SO...why up?

The upthumb is because of the Abe Lincoln pattern forming. If you look carefully at the last year's graph you can see the beard and nose. Abe is resting with his nose up. The next piece of the chart is the top hat that Abe is known for. The top hat "to fill" will force the stock price to go up considerably before it finally tumbles for the last time. This bullish signal is rare, and not to be missed. In the rare event someone messes with ABE, my secondary reason for the upthumb is because" Bob Loves Modavox. Who can argue with Bob besides Stylecounciler (pumpedjunk). What about Bob anyway? What about ABE!!!!!

This is my "honest" assessment on an otherwise boring day in the markets.

MDVX.OB has a too high valuation compared to its sales potential. It is also one of the most loss making companies.
Moreover its current sales of about US$ 2 million are inconsistent with supporting a payroll of about 45 employees.

Following tsif

In Settlement talks with Time Warner

Right in the SEC 8K Filing Today. Always read the filings.

Item 7.01 Regulation FD Disclosure

In connection with its previously announced patent monetization and licensing strategy, including its ongoing patent enforcement cases, Modavox, Inc. (the “Company”) retained a third-party economic consulting firm (the “Valuation Firm”) to prepare a report and valuation models (the “Report”) identifying the estimated value of the Company's patent portfolio to the online and mobile segments of the behaviorally targeted marketing/advertising industry, as well as to potential licensees, including targeted defendants, of the patents in such industry segments. The Report is dated October 1, 2009.

On November 9, 2009, the Company furnished the Report to a targeted defendant in a currently pending patent enforcement case pursuant to Rule 26 of the Federal Rules of Civil Procedure and in response to a Court Order instructing parties to the case to, among other things, meet and discuss settlement. A copy of the Report is attached hereto as Exhibit 99.1. At the request of litigation counsel to the Company in its patent enforcement cases, the Report has been redacted to omit information that counsel believes could, if disclosed, interfere with the Company’s overall patent enforcement strategies. As an example, the Company has redacted the identity of a targeted defendant and replaced it with an “X”, as well as information about the defendant that may indirectly identify the targeted defendant or which relates to the litigation.

The conclusions reached in the Report should be considered in light of the context in which they were reached. That is, the Report was prepared by the Valuation Firm to assist the Company in understanding the range of values of its patents in the online and mobile segments of the behavioral targeted marketing/advertising industry. Furthermore, the Report was prepared in the context of the Company’s ongoing litigation with various defendants and the potential for settlement of such litigation matters. As such, the Report necessarily contemplates the inherent “value” of such litigation matters, as well as lawsuits that may be brought in the future. The Report includes details regarding the factors that impact the conclusions reached, including the qualifications and assumptions made in determining value. There are no assurances that a defendant or potential licensee will accept or agree with the conclusions contained in the Report, and the range of values presented may have no bearing or impact on any actual settlement or judgment.

The Company did not give the Valuation Firm any meaningful instruction on how to prepare the Report or the conclusions in the Report, nor did it impose any limitations on the Valuation Firm in preparing the Report, except as otherwise stated in the Report as to the information provided by the Company. Pursuant to an engagement letter dated August 11, 2009, the Valuation Firm has charged for its services at its hourly rates. The fees were not contingent upon any event or outcome, including the outcome of any litigation. Our engagement letter with the Valuation Firm includes other terms and provisions customary for an advisory assignment such as this. The Valuation Firm provides general business operations, management, regulatory and litigation consulting to corporations, government agencies and counsel.

The Report discloses the information that the Valuation Firm was provided in connection with its analyses on page 6. The information provided included forward-looking statements and projections and was based upon the assumptions set forth in detail on pages 7 through 17 and 31 through 32 of the Report, or was otherwise provided by a third party. The Valuation Firm did not independently verify the assumptions or conclusions set forth in those projections and forecasts. These assumptions involve judgments with respect to the nature and history of the patented technology, future economic, competitive and regulatory conditions, the outcome of pending litigation, financial market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Many important factors, in addition to those discussed elsewhere in the Report and in our filings with the SEC, could cause our results to differ materially from those expressed or implied by the forward-looking statements. These factors include the outcome of any litigation relating to our patents, the validity of the patents, changes in the law, our competitive environment, economic and other market conditions in which we operate and matters affecting business generally, and other factors described in the Company’s Annual Report on Form 10-K and documents subsequently filed by the Company with the Securities and Exchange Commission, all of which are difficult to predict and many of which are beyond our control. Accordingly, we cannot assure you that the projections and assumptions on which the Report based its opinion are in fact indicative of our future performance or that actual results will not differ materially from such projections. All forward-looking statements included in the Report are based on information available at the time of the Report and as otherwise stated in the Report. We are under no obligation to (and expressly disclaim any such obligation to) update or alter the Report or the forward-looking statements set forth in the Report, whether as a result of new information, future events or otherwise, except as required by applicable law.

HT UL gmx

Description
Modavox, Inc. (Modavox) produces and distributes audio video streaming products over the Internet. Modavox has two distinctive product lines: the Interactive Products division and the Interactive Network division. The Company has a wholly owned subsidiary, Kino Acquisition Sub, Inc. Modavox has packaged its technology within products and services that enable Internet protocol television (IPTV), Internet radio broadcasting, and advertising with the added ability to target, control, and monetize interactive content, and deliver direct to consumers on any Internet connected device. During fiscal year ended February 28, 2009 (fiscal 2009), the Company’s Internet software products, BoomBox Radio and BoomBox Video were developed, and invested in to provide broadcasting as a service (BaaS). In July 2009, the Company completed the acquisition of Augme Mobile.

It sounds a little like a 1999 dot com company (the ones that don't exist anymore).
Thomson Reuters rated this stock as Outperform on 9/30/09, but its not September anymore, sell the pop! UltraLong’s pitch is worth reading again if you have any doubts.

Part of the fraud/pump and dump portion of my short basket

Your joking, right? This POS?

Not even worth the pitch

See you at the bottom!!!

There is nothing relevant to say about this company, they are worthless.

huh?

losers

This stock will underperform the S&P 500 because it is a scam, a POS and a classic P&D.

Playing follow the leader.

Not often you get to jump on the red-thumb band wagon with a better starting price than twelve Fools rated 99.9 or higher.

I'm choosing outperform on this because techsimpleton doesn't have the guts to do it himself, so there isn't a top bull pitch for everyone to bash on. Don't mourn for me, I'm already dead. Who knows, all this illegal pumping and dumping could even make me a few short term caps points!

Reading the 10K.

Highly unprofitable. Long history of a highly unprofitable business.

Management tells us their company will be unprofitable pretty much forever.

Management also quite clearly states, without the selling of huge piles of shares ever year, they cannot pay bills, salaries, nor fund their future in a highly competitive sector. One in which they cannot compete with the large, well capitalized companies.

Management tells us in their 10K, they are basically attempting to keep up the funding to further their patent trolling fishing expedition, concentrating more on a share printing machine than an actual profitable business plan.

Lawsuits take years. Decades in fact. Large cap companies can a do play hard ball.

Can MDVX.OB outlast these facts?

Looking over the history of all the professional stock promoters involved, as well as the very searchable past history of those who have been compensated to do so, I doubt it.

Short.

everyone hates it. They never make money. Ever. Terrible company.

this thing rocks. thanks ultralong...

lets see... shady company dealings, and shady pumping from shadow lurkers who don't have the testicles to go long on it on caps. kind of reminds me of bioshaft with a less catchy name.

Ultralong gave me the tip off on this one.

Read the quarterly. May continue to rise like a fine souffle but will resemble le crepe sometime in '09.

Pump, next the dump.