Reviews:
 ·magicjack.com
| reply to GuyOnTheAir
Re: Magically doing it on the cheap said by GuyOnTheAir:I agree with you PX Eliezer. Dan and co have proven to be unreliable, and downright dishonest in the way they provide their services and run their businesses. Just an update. Dan said MagicTalk would be released "next week" three times during an Oppenheimer conference[1] on Aug. 10. Today is Sep. 11 and still nothing.
This is so classic magicJack. Everyone who's been exposed to Dan for 2-3 years is familiar with ATAs, Linux softphones and "femtocells" that are "coming soon."
The femtocell topic is interesting to me. I didn't think Dan was dumb until recently. He invested time and money on something his customers weren't even asking for. And, he did it without understanding the ramifications of using privately owned radio spectrum? Nor the ramifications of cutting the transmit power to acceptable levels?
The interesting thing about magicTalk and August 10 is that, when Dan said "next week" (three times) it was just days after magicJack had engaged in a "backdoor IPO" (buying VocalTec and suddenly trading itself under the purchased company.). The stock price was being wildly manipulated at the time.
So, a month of non-delivery, one has to wonder if Dan's "next-week" hype wasn't part of the stock manipulation.
Another interesting thing: just a week after hyping magicTalk's free calls, magicJack blocked calls to hundreds of thousands of rural phone numbers. (Not just "traffic-pumping" schemes, but real rural residents.).
This in violation of the FCC's 2007 ruling against IXCs blocking calls to LECs. But, it also creates a condition of false-advertising. MJ advertises that you can "call anywhere in the US." That's clearly not true when hundreds of thousands of rural phone numbers are blocked.
MJ customers are filing complaints to the FCC, FTC and their elected representatives.
That really makes you wonder what was going on Aug. 10. Dan didn't know just a week ahead of time that he'd miss his delivery date a week later? That he'd block calls to huge swaths of the United States? And all this coincidentally at the same time a backdoor IPO was causing the stock price to be manipulated?
I just saw this a few minutes ago: Industry sites are starting to talk about the vaporous nature of magicTalk (magicMyth?). See calling-plans.com.
[1] I saved the audio and slides back when I listened a month ago because they were only to be kept online for 90 days. I stored them here: »www.mediafire.com/?25mvhho0xsmj616
Dan says "next week" at around 4:00, 12:00 and 33:15. |
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PX EliezerPremium
join:2008-08-09
Hutt River
kudos:12 | Dan really seems out of it lately. |
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Reviews:
·magicjack.com
| said by PX Eliezer:Dan really seems out of it lately. I wonder how long it will take before Dan is the subject of an SEC investigation, or shareholder lawsuit.
I don't think he can pull the kinds of shenanigans he has now that he's a publicly-traded company. I don't think he can say "next week" and not mean it. Especially when the stock is under heavy manipulation through a fake IPO.
Another angle to this is that, at the same time he was saying "next week" he was also saying "call anywhere." He didn't deliver the service he was hyping as "next week." But, the following week he did block calls to huge swaths of the United States. (He didn't disclose that material fact to investors).
I don't think that kind of stuff will go unnoticed for long. There are plenty of lawyers who'd jump on this kind of stuff. I just saw this web site the other day: http://magicjackclassaction.com/. That guy's fishing for stuff like this. |
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PX EliezerPremium
join:2008-08-09
Hutt River
kudos:12 Reviews:
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| said by amigo_boy:I don't think that kind of stuff will go unnoticed for long. There are plenty of lawyers who'd jump on this kind of stuff. I just saw this web site the other day: http://magicjackclassaction.com/. That guy's fishing for stuff like this. Well, that particular lawyer may be fishing for a long time.
The banner on the top of his webpage has two blatant spelling errors!
"Magicjack Class Acion Law Suite Web Site" rather than "Magicjack Class Action Law Suit Web Site".
That's pretty poor. |
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