Comments on: Job Losses at Euclid Discoveries?

By: graphic design jobs hawaii

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[...]Job Losses at Euclid Discoveries? - The Data Compression News Blog - c10n.info[...]…

By: eucllidcountdown

eucllidcountdown — Tue, 22 Jun 2010 15:36:13 +0000

And, of course, Euclid investors will get NOTHING from the sale of Corista even though it is all based on technology developed by Euclid — talk about a conflict of interest! I can’t believe Richard and his wife are able to get away with this — but then Euclid has gotten away with taking people’s money for no return for over 10 years so why should anybody be surprised.

By: alan

alan — Mon, 18 Jan 2010 22:11:24 +0000

There is a link between a theory I have re; teleportation, and the data storage technology: e.g. both involve “space computing”- determining where the space(s) is(are) (you cannot “teleport” (which is related to “gliding” (”whole body transfer”)(probably called “4-momentum” by physics- more on this I could say, just so valuable) unless you have somewhere suitable to go, I guess.

Earthquakes: whole body transfer (of earth) is required for these.
A “weighted” bowl in bowls is different from a non-weighted bowl. A weighted bowl will cause a ball that it collides with to suddenly take off; a non-weighted bowl will tend to imaprt less momentum in a collision.

Its realy hard for me to discuss this as I keep getting into Non Disclosure Agreement situations.

Your comment is perceptive re: teleportation, and a useful insight.

By: Corporate Man

Corporate Man — Mon, 18 Jan 2010 16:14:58 +0000

Hey Alan, does your technology enable teleportation like star trek. Transporters convert a person or object into an energy pattern (a process called dematerialization), then “beam” it to a target, where it is reconverted into matter (rematerialization).

By: alan

alan — Sun, 17 Jan 2010 04:53:17 +0000

Hey Richard, probably will get censored for saying this- but
why not use your skills on what I have discovered? And help build the earthquake-forecasting related discovery-technology? Is it forbidden to seek cooperation here? What about Haiti? Doesn’t anyone care about forecasting this sort of thing? Hello people

By: Richard Gyger

Richard Gyger — Fri, 15 Jan 2010 21:17:51 +0000

I need to rephrase one of the statements.

It definitely isn’t just an incremental improvement over anything else out there. It would be a massive leap over what’s out there.

By: Richard Gyger

Richard Gyger — Fri, 15 Jan 2010 21:13:34 +0000

I left over 2 years ago so I can’t say what they have now. Euclid’s approach to compression is innovative tho I’m not sure it’s achievable. The “object recognition” portion, if they have it all working would definitely give substantial compression improvements over straight mpeg-4. I’ve read in this and other threads about it not taking 10 years for compression method X. This effort was heavy into research. It definitely isn’t an incremental improvement over anything else out there.

I’m with some of the other folks, why haven’t you guys contacted Euclid and asked to see what they have? I had no direct contact with any investors, but they do have a physical office that I’m sure you could visit.

By: Just Askin

Just Askin — Fri, 15 Jan 2010 20:48:17 +0000

So Richard, what is your opinion? Does ED have what they say they have and have been promising for over 10 years? You are the first person that I have run across that used to work there and no longer does. I don’t think any of us are asking for technical detail just some sort of affirmation that we have not been taken advantage of.

By: Richard Gyger

Richard Gyger — Fri, 15 Jan 2010 20:24:25 +0000

Since I was one of the names on the list, I can say that they had no layoffs. I just left for a different opportunity. As far as I know, there are more than the 3 folks still there. I’m pretty sure there are at least 2 programmers still there.

By: Corporate Man

Corporate Man — Mon, 21 Dec 2009 14:23:44 +0000

LLC actually combines aspects of partnerships and corporations, so an LLC is less formal and more flexible than a typical corporation, yet offers protection as well as certain advantages that are much the same. For example, members cannot be found personally liable for company debts. Their assets are separate from the assets of the LLC so they cannot be seized. One of the advantages of an LLC is that taxation is based on the partnership model. Flow-through taxation is advantageous since members are only required to pay taxes on their earnings once instead of paying both corporate and individual taxes.

A Limited Liability Company, unlike a corporation, can be made up of as many members as the company wishes to have and it does not require bylaws, meetings, or the recording of minutes. While many states do not demand an operating agreement, it is a good idea to have one in place of the usual bylaws or contracts.

In corporations, shareholders may transfer stock or their interest in ownership, while members of an LLC cannot. Transferring one’s interest in the company may be dependent on the approval of other members. In addition, if a member of an LLC passes away, decides to leave, or goes bankrupt, the LLC is usually dissolved, while corporations are not limited by such restrictions.

By: Mark Nelson

Mark Nelson — Sun, 20 Dec 2009 02:31:55 +0000

@CURIOUS:

An LLC is a limited liability company. What is of interest in this thread is that some of the investors in Euclid Discoveries appear to be LLCs. The LLCs gathered money from small investors, pooled their funds, then invested in various rounds of funding for ED. Sadly, the people who put money into an LLC don’t actually have any rights or protection for their investment in ED - all those rights are vested in the LLC, which is the actual stakeholder.

Creating an LLC has the primary effect of protecting owners or officers of the company from lawsuits. If you have a beef with an LLC, you have to sue the company itself, not the owners. This protection is not absolute, of course, there are always cases in which owners may be found liable for misconduct.

I am not a lawyer and this is not legal advice.

- Mark

By: CURIOUS

CURIOUS — Sat, 19 Dec 2009 23:49:02 +0000

what exactly is an “LLC” please ??

By: Looking In

Looking In — Sat, 19 Dec 2009 13:04:02 +0000

Six months?????? Based on your post, you’ve got to be a part of an LLC. Monthly newsletters have been sent to registered investors since August. I’d call your LLC head!

By: Longtimer

Longtimer — Fri, 18 Dec 2009 20:26:35 +0000

I’ve been invested in Euclid for over 5 years now, and I haven’t heard anything in the last six months. By nothing I mean absolutely nothing. If there’s an Angel out there that would like to email me, and give an update I sure would appreciate it. I don’t mean to sound negative, but from what I’ve heard it’s not good news.

By: Steve

Steve — Sat, 12 Dec 2009 23:18:04 +0000

On a similar subject….about Euclid Discoveries, anyway….did anyone see this story?

http://www.levp.com/news/documents/StrikingABalance.pdf

What a crock. The investors I know haven’t heard hardly a peep (I’m not one personally invested). The story makes it sound like these guys are more transparent than glass, talking up a storm about their company.