Amphion Innovations Share Discussion Threads

[isis] 19/9/2014 07:12

NAV now 2.4p but what about the Promissory Notes?

Does this make it negative?

[hoggar] 26/8/2014 09:51

There is not much activity on this board but there again there is not much activity with this company either. I did read recently that one of their partner companies, 'Axcess Int' has lost any hope of recovering the $40mil damages awarded because the legal team failed yet again to take the initiative and do the homework required. The subsequent appeal was thrown out this month.

Amphion has decided not to inform the market of this fact but it can be deemed conclusive that this partner company will also fail.

The only redeemable prospect for Amphion is to sell the company with the intact and valuable patents still in force.

[a1samu] 03/7/2014 08:09

AGM 7.8.2014 by which time this "company run by winners" will have a chance to well and truly disappear off the face of the earth, judging by the headlong rush of the share price reducing by leaps and bounds.

[isis] 06/6/2014 07:17

This has always been the goal but not alot has happened.

It would be better to just by shares in Kromek which are below their IPO price. tbh.

I think this is a real gamble now - they also owe around $6m+ in promissory notes.

[lucky_punter] 06/6/2014 07:13

BIG PICTURE - Amphion Innovations has high hopes for partner Kromek
By Giles Gwinnett

Amphion Innovations (LON:AMP) is advancing on several fronts and has particularly great hopes for partner company Kromek, which it expects to significantly grow in value.
Amphion has lots of irons in the fire but essentially its business model is simple - it has stakes in seven companies and the goal is to support and develop their value. By default Amphion grows its value at the same time.

[isis] 05/6/2014 21:09

Well they've been saying this for the past 5 years - I think you have to be very brave to be buying in now - and even if you do the investee Companies just seem like bottomless pits.

[hoggar] 05/6/2014 20:44

Looking at this company's portfolio and present financial position, today's loan announcement came as no surprise. The fact that the company is seriously indebted to existing loans from directors was conveniently omitted from today's announcement. The company and advisors are expecting substantial cash flow in the coming months far in excess of current debts. So where is this magical cash flow emanating from?

Well, let's start with Axcess Int. The marathon litigation for damages against Savi has finally come to an end with a court ruling that Axcess Int and its lawyers failed to recognise that a time schedule for claiming damages had passed. Legal consultation is still ongoing but we can be fairly certain this episode with Savi has come to an end. I also think the association of Axcess Int and Amphion will also come to an end with Amphion selling its stake and IP goodwill to Radiant LLC who paid for the recent litigation. In affect this will mean Radiant LCC can buy a controlling interest in Axcess plus the IP which was found to be proven property of Axcess Int. This deal alone can be very lucrative to Amphion because the IP license alone could be open ended and provide a cash flow for some time.

The company has a couple of years to maximise a return on the 402 & 502 patents before the patent validation is terminated. Datatern has identified dozens of company's presently using this unlicensed technology and this list is expected to grow substantially over the coming months. In terms of license revenue that is of course pure guesswork but it will almost certainly be well above the existing $20mil the licenses have already generated.

The next stream of revenue will come from the growth and expansion of Kromek. Further major contracts have still to be announced but I expect further developments regarding airport security are imminent.

The main event of course will be in 2015 when the American Federal government will decide on the common data system for the health service nationally. Firestar are a leading contender to provide the software framework and have already demonstrated the integrity and robustness of EdgeNode and MDMI technology.

[isis] 05/6/2014 08:58

Well they certainly need those Royalties after this!

They've secured their Kromek holding against the new Loan - so what's left??

[a1samu] 12/5/2014 13:37

After all the US court opinion cannot be so favourable, why would share price decline by 16% otherwise.

[a1samu] 16/4/2014 09:58

The promissory notes will be repaid.

The rest will be paid to the directors as bonuses.

Shareholders will receive zilch.

The share price will drop to .01 penny, because all these directors have achieved sofar is to destroy any value that there may have been ever, when they came to market @30p and now value destruction resulted in a share price of 3p.

And where are the £100M+ IPO companies, that their literature is full of, when boasting what a successful bunch of losers they are? How good is this?

After all, according the video, they had licencing income of $20M over the time from 2006 to date, shareholders have seen nothing of!

Or will DataTern be their biggest ever investment, returning $100M+ to shareholders, which could unfold now very rapidly?

[isis] 15/4/2014 18:21

And what are they going to do with it if it does?

Give it to shareholders??

[escapetohome] 15/4/2014 18:03

Re interview on proactive investors site - would have hoped the lady would have asked - how do Datatern now proceed to gain revenue from Microsoft - the unanswered question - Do they sue in court for infringement of the patent? And just HOW LONG may that case drag on for? - Potentially an awful long time I would imagine when fighting a giant like Microsoft. So just when is that income going to arrive?

[a1samu] 15/4/2014 17:57

Charlie Morgan wrote in the half yearly report released on the 24 September 2013 that:

the realizable value of the intellectual property assets held by DataTern is substantially in excess of the carrying value and the incremental investments being made in the pursuit of infringers of the IP will generate a substantial profit.

there remain a large number of additional potential licensees and we believe that we should be able to generate a significant amount of revenue from this asset over the next few years.

the dictionary definition of substantially is:

considerably, significantly, very much, greatly, seriously,remarkably, markedly, noticeably, appreciably.

The dictionary definition of significantly is:

very much, greatly, hugely, vastly, notably, considerably, remarkably, enormously, immensely, tremendously, markedly.

I am just trying to focus on these definitions which were freely used by the company.

I am looking forward to the release of a trading report, which should be due soon.

[hoggar] 14/4/2014 16:02

[...]

Interesting article and video-phone link with Amphion CEO Richard Morgan in the link above. It would appear Datatern has won the appeal to overturn the district court ruling which prevented Datatern suing Microsoft and SAP clients and obtaining license agreements.
Datatern can now continue to pursue 100's of companies using the 402 & 502 database patent technology. Excellent news but the patents are only valid for licensing until 2017 so I guess Datatern will now up the ante and try and make up the two years of lost licensing opportunities.

[isis] 11/4/2014 09:52

Having to rely on Court Rulings for income is not really what it's all about. imo

The Promissory Notes are about the same valuation as the Kromek shares I think.

Doesn't leave much change.

[hoggar] 10/4/2014 10:12

This link provides a more defined explanation of recent court rulings regarding Datatern v Microsoft.

hxxp://patentlyo.com/patent/2014/04/microsoft-declaratory-jurisdiction.html

[hoggar] 08/4/2014 10:47

I have been following the fortunes of Firestar Inc for some years now hence my interest in Amphion's partner progress ( or not ). Some commentators may feel Amphion has little or no value in the present climate with only Kromek on the balance sheet but there is a potential company saver plus on the horizon in the form of Firestar inc.

The link below gives a good detailed resume of where Firestar is now and where it could be in 2015. The company has deferred loan agreements with fellow directors until next year in order to evaluate the MDMI American government final position with this massive health infrastructure directive. One to watch carefully.

[...]

[isis] 08/4/2014 10:03

Problem with all these Court cases is the cost and transparency of what is happening.

Barring the stake in Kromek which is negated somewhat by the Promissory Notes It's hard to see value here now.

[hoggar] 08/4/2014 09:58

I agree but because of the complexity of this case with regard to how Datatern is able to recover IP damages against infringer companies is somewhat baffling. This latest judgement will no doubt need careful consideration by the IP lawyers and is obviously why there has not been a market statement as yet.

The market will demand the obvious answer to the appeal judgement outcome. If Datatern are unable to sue Microsoft and SAP end user clients using unlicensed IP then they must eventually sue Microsoft and SAP, or as the appeal judge suggested to Datatern, open negotiations with both companies and reach an agreement out of court.

[caltonhill] 08/4/2014 07:31

Many Thanks Hoggar
I do feel it is for the company to provide a clear statement of where it is and what it has obtained and lost as a result of the various IP actions in USA. These actions have the potential to have a massive bearing on the company's value and are obviously market sensitive. So, this statement should be made available as soon as possible

[hoggar] 06/4/2014 20:56

hxxp://www.cafc.uscourts.gov/images/stories/opinions-orders/13-1184.Opinion.4-1-2014.1.PDF

For the interested. An appeal judgement was granted on Friday regarding Datatern v SAP & Microsoft 402 & 502 patent infringement. The above link covers all arguments and takes some understanding to decipher the final appeal judgement. In brief it would appear Datatern lost three of the four judgements with no apportioned costs.

[isis] 28/3/2014 10:14

I hope they are for holders sakes.

Nothing out there yet though.

[caltonhill] 28/3/2014 10:07

Thanks Isis,
Had thought the contested patent actions were worth many times Kromek if they unravel in our favour.

[isis] 28/3/2014 09:19

Looks like the rush to float Kromek gave them too optomistic forecasts.

Unfortunately there are a lot of Companies doing this at present - reminiscent of the dotcoms.

Kromek has some good products but they just aren't selling enough of them.

Amphion really doesn't have much other than this and some contested patents nowadays.

They also have about $7m in promissory notes.