3SOF

SBEI...Had a stellar day because of news

I saw this one turning the corner just above $5...but never got in because I had all my funds tied up.

I have to remember to keep some cash handy to jump in these late day turn moves.

Neonode Adds a Substantial Deal to Its Expanding Order Book, This Time From Telenor
Wednesday July 11, 1:32 pm ET

STOCKHOLM, Sweden--(BUSINESS WIRE)--Neonode, the Swedish developer of mobile devices and pioneer in buttonless, touch screen mobile phones, has received a considerable order from the operator, Telenor Sweden, for the new Neonode N2.

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Neonode announced today that it has received a considerable order from the operator, Telenor Sweden, a leading provider of complete communication services such as mobile and fixed telephone and data services. With the order, Neonode N2 will be distributed starting in September 2007 through Telenor Sweden's own stores, partner stores as well as Telenor Xpress, the company's sales event organization.

"We are happy to present another innovative Scandinavian brand in our portfolio. Neonode is one of the companies that are capable of presenting the next big thing on the market and also leading the way," said Anders Jensen, Marketing Director of Telenor Sweden.

Neonode was previously this year named to the annual FierceWireless "Fierce 15" list, designating it as one of the top wireless companies of the year. The company recently launched Neonode N2 in south-eastern Europe as its inaugural region.

"We are delighted to add another well respected partner to our list of customers. Telenor with its strong market presence and consumer acceptance is the perfect partner for Neonode's home market," said Mikael Hagman, President and CEO of Neonode.

Neonode is currently finalizing additional agreements with several partners in Europe and other major markets. The company is also merging with SBE, Inc., a publicly-traded company (NASDAQ:SBEI - News) pending SBE shareholder approval on August 10, 2007.

About Neonode

Neonode was founded in 2001 and is a Swedish developer of mobile devices. The mobile devices are based on patented technologies which enable a unique user experience. Neonode Inc. has recently announced the execution of a definitive merger agreement with SBE, Inc., a publicly-traded company (NASDAQ:SBEI - News). After shareholder approval of the merger, the combined company's headquarters will be in Stockholm, Sweden, where Neonode's current corporate headquarters is located. For more information visit www.neonode.com.

Here's a little info about Neonode n2....I phone-clone

Possibly a gapper in the morning.

http://gizmodo.com/gadgets/cellphones/neonode-n2-iphoneclone-navigates-using-finger-strokes-235743.php

SBEI.  Is trying to finish strong.  Looks good for tomorrow.

SBEI should be active the next couple of weeks because of the planned reverse merger with Neonode.  They actually pioneered the touch screen technology which the current I-phone uses.

SBEI market cap is around $15 million...which seems way too low for the potential reverse merger with Neonode and the sales of the Neonode phone.

(Remember when OLAB reverse merged with CPSL...the stock price tripled.)

Latest news propelled the stock.  By August 10th, we should know if stockholders approve this reverse merger.

I would bet we hear more contracts and news to propel this stock higher.

I would love to hear other opinions on the planned merger deal.


Neonode Adds a Substantial Deal to Its Expanding Order Book, This Time From Telenor
Wednesday July 11, 1:32 pm ET

STOCKHOLM, Sweden--(BUSINESS WIRE)--Neonode, the Swedish developer of mobile devices and pioneer in buttonless, touch screen mobile phones, has received a considerable order from the operator, Telenor Sweden, for the new Neonode N2.

ADVERTISEMENT
Neonode announced today that it has received a considerable order from the operator, Telenor Sweden, a leading provider of complete communication services such as mobile and fixed telephone and data services. With the order, Neonode N2 will be distributed starting in September 2007 through Telenor Sweden's own stores, partner stores as well as Telenor Xpress, the company's sales event organization.

"We are happy to present another innovative Scandinavian brand in our portfolio. Neonode is one of the companies that are capable of presenting the next big thing on the market and also leading the way," said Anders Jensen, Marketing Director of Telenor Sweden.

Neonode was previously this year named to the annual FierceWireless "Fierce 15" list, designating it as one of the top wireless companies of the year. The company recently launched Neonode N2 in south-eastern Europe as its inaugural region.

"We are delighted to add another well respected partner to our list of customers. Telenor with its strong market presence and consumer acceptance is the perfect partner for Neonode's home market," said Mikael Hagman, President and CEO of Neonode.

Neonode is currently finalizing additional agreements with several partners in Europe and other major markets. The company is also merging with SBE, Inc., a publicly-traded company (NASDAQ:SBEI - News) pending SBE shareholder approval on August 10, 2007.

About Neonode

Neonode was founded in 2001 and is a Swedish developer of mobile devices. The mobile devices are based on patented technologies which enable a unique user experience. Neonode Inc. has recently announced the execution of a definitive merger agreement with SBE, Inc., a publicly-traded company (NASDAQ:SBEI - News). After shareholder approval of the merger, the combined company's headquarters will be in Stockholm, Sweden, where Neonode's current corporate headquarters is located. For more information visit www.neonode.com.

SBEI...becomes NEON.  No reverse split like earlier thought...this one may explode like other reverse mergers (CPSL, EFUT and FFHL)

SBE and Neonode Announce Closing of Merger
Friday August 10, 4:53 pm ET
SBE Changes Name to Neonode Inc.

SAN RAMON, Calif.--(BUSINESS WIRE)--Neonode Inc. (formerly known as SBE, Inc.) (NASDAQ:SBEI - News), today announced the completion of the previously announced merger of its wholly-owned subsidiary, Cold Winter Acquisition Corporation, with and into Neonode Inc., pursuant to which Neonode changed its name to "Cold Winter, Inc." and became a wholly-owned subsidiary of the company. Following the closing of the merger transaction, the company was renamed "Neonode Inc." The newly-combined company's headquarters will be in Stockholm, Sweden.

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In conjunction with the close of the merger, the Company's board of directors appointed Mikael Hagman the President and Chief Executive Officer and David W. Brunton the Vice President of Finance and Chief Financial Officer. The board also determined that a reverse spilt of the company's common stock is not required at this time.

"We are pleased to announce the completion of the merger and becoming a Nasdaq listed company. The employees of Neonode are dedicated to expanding our business and enhancing value to our shareholders," said Mikael Hagman, President and CEO. "We continue to work on finalizing agreements with several additional partners in the European market, as well as some other major markets, for distribution of our new mobile phone, the Neonode N2. In addition, we are evaluating opportunities to license our patented technologies to a number of companies," continued Hagman.

The company issued approximately 20.4 million shares of its common stock in exchange for 5.8 million outstanding shares of the common stock and the assumption of outstanding options and warrants to purchase an additional 7.9 million shares of common stock. The company's common stock is anticipated to start trading on the Nasdaq Capital Market on August 13, 2007 under the new ticker symbol "NEON."

About Neonode

Neonode is a company that designs, develops and sells patented technologies and products focused on unique user experiences (UX). With offices in Stockholm, Sweden and San Ramon, California, Neonode Inc. is a publicly traded company (NASDAQ:NEON - News) with licenses and products sold worldwide through both direct web sales and local distribution partners. More information is available at www.neonode.com.

After the reverse merger between SBEI and Neonode...the new ticker is NEON.

Up 38% so far.

NEON...announced they are selling the Neonode N2 (Iphone-like phone ) on their website today.  The neonode actually uses infrared sensors for its on screen menu unlike the I-phone which actually uses touch screen. 

From Press Release:    "said Mikael Hagman, President and CEO. "We continue to work on finalizing agreements with several additional partners in the European market, as well as some other major markets, for distribution of our new mobile phone, the Neonode N2. In addition, we are evaluating opportunities to license our patented technologies to a number of companies," continued Hagman.

More news with Spain

I believe this is just the beginning for NEON...It has such a small market cap.

Neonode enters the Spanish market through deal with Dominion
Wednesday August 29, 9:09 am ET

STOCKHOLM, Sweden--(BUSINESS WIRE)--Neonode (NASDAQ:NEON - News), the Swedish company focused on development of unique user experiences, technologies and products within the mobile phone industry, today announced it has received an important order from Dominion, one of Spain's major distributor of mobile phones, for the new Neonode N2.

Source: Neonode   

·    The N2 is a mobile phone handset and true media player designed for advanced simplicity. You do everything on-screen, simple and convenient with just one finger. (Photo: Business Wire).  View Multimedia Gallery
        

Neonode announced today that it will enter the Spanish market through an agreement with Dominion, one of Spain's largest distributors of products and services within the telecommunication sector. Through the deal with Dominion, Neonode will get direct distribution of the new Neonode N2 to both retailers and operators on the whole Spanish market. Neonode N2 will be distributed in Spain from September on.

"Reaching an agreement and forming alliances with companies who provide unique products like Neonode is an important part of our strategy. We are excited about starting this project and we are sure we will have great results," Said Carlos Gonzalez, Purchasing and Marketing Manager of Dominion Logistica.

Neonode was previously this year named to the annual FierceWireless "Fierce 15" list, designating it as one of the top wireless companies of the year. The company recently launched Neonode N2 in south-eastern Europe and also on its own web shop, and is currently finalizing additional agreements with several partners in Europe and other major markets.

"Spain is one of the most important markets in Europe in terms of size, trends and adoption of new technology. To partner this important market with such a powerful player like Dominion is a major milestone for Neonode. We expect great results from this partnership," said Mikael Hagman, President and CEO of Neonode.

Neonode was recently listed at the NASDAQ stock exchange. The trading of the company's common stock was initiated on the NASDAQ Capital Market on August 13, 2007 under the new ticker symbol "NEON."

kslifka - Interesting one.  Applauds for bringing this to the board.   

I'm going to look into this on a little more.

Here is a long term chart and the Google Finance link which had more info than Yahoo! Finance.

Mkt cap approx 12.5M.
Shares:  2.27M

Later

http://finance.google.com/finance?q=neon

Quote from: mitchjas on August 29, 2007, 10:20:32 AM
kslifka - Interesting one.  Applauds for bringing this to the board.   

I'm going to look into this on a little more.

Here is a long term chart and the Google Finance link which had more info than Yahoo! Finance.

Mkt cap approx 12.5M.
Shares:  2.27M

Later

http://finance.google.com/finance?q=neon

Just remember that NEON reverse merged with SBEI in early August...so the chart prior to the merger is null and void.

Roger that!  Good point.

I'll pull the chart out so not to give false info.

Not the kind of day I thought we would get.    I guess the market was asleep on this one.

Someone put a market order to sell at the end of the day, hence the dramatic drop toward the close.  However there was a 10,000 share buy after hours to put NEON back up to $5.60.

That's the kind of trading  that happens with small caps.

NEON finally moving.  Market cap only $12million