tag:blogger.com,1999:blog-3057869926275243678.post3235496118872265225..comments2024-03-07T17:15:19.426-08:00Comments on Lies, Damn Lies, and Startup PR: Energous - It Just Keeps Getting WorseStartupPRhttp://www.blogger.com/profile/10863632782404121915noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3057869926275243678.post-85257763795528209282019-02-20T13:54:55.581-08:002019-02-20T13:54:55.581-08:00I appreciated this. Well done report. I appreciated this. Well done report. Lord Byronhttps://www.blogger.com/profile/12481783852373848602noreply@blogger.comtag:blogger.com,1999:blog-3057869926275243678.post-56880894590583452432018-09-17T14:09:24.903-07:002018-09-17T14:09:24.903-07:00Energous is a scam company.
Anyone with half a bra...Energous is a scam company.<br />Anyone with half a brain should figure this out...really.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3057869926275243678.post-3607128972682621492018-08-06T20:46:38.706-07:002018-08-06T20:46:38.706-07:00Where did I say Steve (Rizzone, I assume?) sold 70...Where did I say Steve (Rizzone, I assume?) sold 70% of his stock? I was referring to Malcolm Fairbairn of Ascend Capital, who sold 1,971,361 shares of Energous between Dec 27th 2017 and Jan 4th 2018, reducing holdings from 3,009,312 to 1,037,951 shares, approximately a 70% reduction. You can see the figures for yourself here:<br /><br />https://fintel.io/i13d/fairbairn-malcolm<br /><br />and the post in question I refer to is here:<br /><br />https://liesandstartuppr.blogspot.com/2018/01/another-energous-insider-sale-this-time.html<br /><br />Similarly you can see here:<br /><br />https://fintel.io/n/rizzone-stephen-r<br /><br />that between December 29th 2017 and February 23rd 2018 Stephen Rizzone sold 105,000 shares, going from 328,609 to 223,719 shares, a reduction of around 32%. That was around $2.63 million.<br /><br />My numbers are correct and are from legally required SEC Form 4 and Form 13D filings. Your numbers are incorrect.<br /><br />Oh, and you're anonymous. Doesn't look good.StartupPRhttps://www.blogger.com/profile/10863632782404121915noreply@blogger.comtag:blogger.com,1999:blog-3057869926275243678.post-34210603326509091812018-08-06T02:28:58.871-07:002018-08-06T02:28:58.871-07:00Clearly you’re just lying. 70% of their holdings w...Clearly you’re just lying. 70% of their holdings were not sold. Less than 2% of Steve’s overall holdings were sold... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3057869926275243678.post-65860975317696093212018-04-01T14:15:34.748-07:002018-04-01T14:15:34.748-07:00Bill, thanks for your comments. Yes, PowerCast use...Bill, thanks for your comments. Yes, PowerCast uses RF same as Energous, around 913MHz, and stick within Part 15 limits just like your Wifi router. They won't be charging anything beyond the very low mW level, and well down the microWatt level at 80 feet (or less). I do not believe either is a viable method of charging anything but the smallest, niche, IoT application. PowerCast are at least honest about their capabilities and don't try to pretend they'll eventually be charging phones. Not quite sure what you mean by "Powercast converts the RF to DC" as, basically, that's the goal. All phone chargers output DC. So, I agree, PowerCast will not be the next big thing, but I'm not sure how your point disagrees with what I write here. (What Apple support do you refer to regarding PowerCast?)<br /><br />On the share sale - I'm pretty well versed in this world. And yes it's not all their holdings, taking money off the table is a good idea, however when you have insiders selling over 70% of their stock (see my other posts) at a time when it's just about to "take off" then you have to question why - especially if it's just before an earnings call where you let everyone know you missed targets.<br /><br />If the sale of a certain % of their holdings was all it was, then I might agree with you, but combined with everything else about this company, and it does not paint a positive picture. Look at their behavior as a whole, not each point individually. StartupPRhttps://www.blogger.com/profile/10863632782404121915noreply@blogger.comtag:blogger.com,1999:blog-3057869926275243678.post-57078529907423418002018-03-29T22:52:34.257-07:002018-03-29T22:52:34.257-07:00Powercast uses RF the same as Energous. However, P...Powercast uses RF the same as Energous. However, Powercast converts the RF to DC. This will not be the technology to revolutionize hand-helds and laptop charging, therefore charging at 80 feet is pointless. As for the director's payouts, it was options being exercised. I do the same thing. It's not all of their holdings, but obviously you do not understand stock options, share plans, or payouts. I'm not saying Energous will take off, but PowerCast will not be the next big thing. Energous was first to market, PowerCast has Apple support... so only time will tell who emerges.Billhttps://www.blogger.com/profile/16911179605855256987noreply@blogger.com