this should start moving its way back up, GNET is pushing it down, seems he has a few shares to get rid of. I'm in at .05
Posted by keithsan on :
4 mill in buys at .054 after the close...seems much.
Posted by binnocent on :
Got in as well today @ .051. Saw Arts pick on swing trades and did some quick DD. Looks good with a lot of recent good news and an acquisition of another company coming up in April.
The most recent news:
Fonix VoiceIn Rapidly Becoming Top Speech Interface Choice for Videogame Developers; Fonix VoiceIn featured in six game titles, adoption of speech interfaces accelerating
SALT LAKE CITY--(BUSINESS WIRE)--March 29, 2005--Fonix Speech, an operating group of Fonix(R) Corporation (OTCBB:FNIX), is quickly moving towards dominance in providing speech interfaces to the videogame industry. Initially introduced to the videogame development market in 2003 as the standard speech solution for Microsoft's Xbox(R) developer's kit (XDK), Fonix's award-winning VoiceIn(TM) speech interface software can now be found on six game titles, including both Microsoft Xbox(R) and Sony PlayStation(R)2 titles. Within the next nine months, the Company anticipates having more than 20 titles in the market, many of them shipping on the PC platform as well as Xbox(R) and PlayStation(R)2.
Fonix is currently the only company to offer videogame developers a cross-platform solution for adding voice recognition to Xbox(R), PlayStation(R)2, PC and Mac videogames. Furthermore, Fonix is the only company with speech software on multiple versions of the same game developed concurrently for different platforms.
Fonix's cross-platform voice recognition software has enabled innovative developers to offer this cool new gaming interface to many more players: Both Ubisoft's Tom Clancy's Ghost Recon(TM) 2 and Novalogic's Delta Force(R) - Black Hawk Down(R) feature Fonix voice command and control functionality on both Xbox(R) and PlayStation(R)2 platforms. Videogames shipping on three platforms (Xbox(R), PlayStation(R)2 and PC) are expected to debut later this year. The cross-platform availability of Fonix software, combined with its ease of implementation, make compelling reasons for developers to add voice recognition to videogames. Fonix is engaged with multiple game developers who expect to increase distribution of voice-enabled videogames, including announced agreements with Microsoft, EA, Ubisoft and Novalogic.
"As game developers try to grow market share by adding and retaining gamers, companies are challenged to appeal to widely differing demographics," says Tim K. Hong, Fonix VP of Games. "Voice recognition offers developers a way to provide entry points to casual and hard-core gamers, as well as to non-traditional gamers such as young children and older adults. Fonix continues to work with game developers to bring cool, innovative and a compelling voice interfaces to the videogame market and to help develop new genres of games that feature voice recognition. Furthermore, acceptance of our PC platform validates our cross-platform advantage while increasing the expanding market for Fonix speech software."
About Fonix VoiceIn
As videogames become increasingly more complicated to design and make, game developers are looking for ways to spend less time writing code and more time being creative. Fonix VoiceIn allows game developers to add cool, innovative features and voice interfaces without needing to develop specific expertise in voice recognition. Fonix's simple, cross platform tools make it easy for any game developer to implement the technology. The result is an interesting new game interface on the cutting-edge of innovation. For more information about Fonix VoiceIn, call (801) 553-6600 and say "games" or visit our website at www.fonix.com/games.
About Fonix Speech
The Fonix Speech Group, an operating division of Fonix Corp., currently offers voice technology solutions for mobile/wireless devices; interactive videogames, toys and appliances; computer telephony systems; the assistive market and automotive telematics. Visit www.fonix.com for more information or call (801) 553-6600 and say "Sales."
About Fonix
Fonix Corp., based in Salt Lake City, Utah, is an innovative communications and technology company that provides integrated telecommunications services and value-added speech technologies through Fonix Telecom Inc. and The Fonix Speech Group.
Fonix Investor Contacts: John Nesbett or Gino De Jesus Media Contact: Andrea Faville The Investor Relations Group 11 Stone St., 3rd fl New York, NY 10004 (212) 825-3210 mail@investorrelationsgroup.com Statements released by Fonix that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. The Company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.
Xbox is a registered trademark of Microsoft Corporation in the United States and/or other countries. "PlayStation" is a registered trademark of Sony Computer Entertainment Inc.
Ask is up to .056 now before open.
Posted by Phoenixx on :
quote:Originally posted by keithsan: this should start moving its way back up, GNET is pushing it down, seems he has a few shares to get rid of. I'm in at .05
GNET still dumping his shares?
Posted by Phoenixx on :
Bid/ask .052/.056 now.. EDIT: .054/.0559
Posted by keithsan on :
gnet been away most of the day....seems to be a good thing.
Posted by Phoenixx on :
Now .054/.057 Posted by Phoenixx on :
Hit 6 cents..
Posted by Phoenixx on :
.0601/.062 whee .063/.065!
Posted by Ktrain420 on :
damn keith your good......hehe
Posted by Phoenixx on :
I'm out at .064, took some profit.
Posted by glassman on :
GNET has a stranglehold here don't they?
Posted by keithsan on :
Gnet seemed to have some shares EOD yesterday and early today but seems to be gone...
Posted by Peaser01 on :
Good call Keith.
Posted by keithsan on :
quote:Originally posted by Peaser01: Good call Keith.
and he was dead on, did you see the afterhours news, how do you spell BANK
Fonix Announces 2004 Results -- Addition of Telecom Subsidiary Drives Revenues to $15M Wednesday March 30, 6:55 pm ET Speech Applications Continue to Gain Traction across Multiple Markets
SALT LAKE CITY--(BUSINESS WIRE)--March 30, 2005--Fonix Corp. (OTCBB: FNIX - News), an integrated communications carrier providing telecommunications services and value-added speech technologies, today released financial results for the year ended Dec. 31, 2004. ADVERTISEMENT
Telecommunications operations included in the financial report are for the 10-month period beginning with the acquisition of LecStar Telecom Inc., effective March 1, 2004, and operations for The Fonix Speech Group are for the entire calendar year ended Dec. 31, 2004.
Fonix revenues were $14,902,000 for the year ended Dec. 31, 2004 compared to $2,384,000 in 2003. Operating expenses were $22,106,000, of which $13,051,000 was cash used in operating activities. Net loss was $15,148,000 ($0.21 per common share) in 2004 compared to a net loss of $13,543,000 ($0.50 per common share) in 2003.
Consolidated pro forma Fonix revenue, including LecStar revenue as if for the entire calendar year ended Dec. 31, 2004, was $18,006,000 compared to $18,243,000 for the 12-month period ended Dec. 31, 2003. Pro forma net loss was $16,648,000 ($0.18 per common share) compared to $22,323,000 ($0.70 per common share) in 2003.
Posted by MtgVo on :
Anyone think this is at the top or should there still be a lot left to go up
Posted by keithsan on :
did you read the news that came out afterhours, what do you think!!! If your in, your in before the mad rush and gap in the am!
Posted by Phoenixx on :
quote:Originally posted by keithsan: did you read the news that came out afterhours, what do you think!!! If your in, your in before the mad rush and gap in the am!
Figures...lol
Posted by Thorn on :
Oh! It's about time. I've been bleeding cash bad this week... *whew!*
Posted by keithsan on :
nice
Posted by Raptorsrule on :
very nice
Posted by Thorn on :
I'm not seeing that surge today as of yet...
Posted by keithsan on :
surprisingly me neither, but, can't complain about a gap to .07
Posted by d6veteran on :
wow, just hit below previous close and sinking.
I'm sitting on the sidelines until the market turns around. I'm not quick enough to squeeze the 5-15% short swings.
Posted by TampaInvester on :
looks like No one wants to wait in this market, everyone wants to get whatever profit they can and get out (bearish). But Looks like the buyers are coming back in and this should move up
Posted by glassman on :
SHO list: the MM's weren't about to let it get away....
Posted by keithsan on :
that damn sho list got 2 bottomers on me.....its a bad luck end of the week.
Posted by glassman on :
it seems like a lot of our picks here are getting on the list....
Posted by keithsan on :
Its off the list and they couldnt drop it under 5 Posted by zoltan on :
![[Smile]](smile.gif)