Open Tick Update
GENERALISSIMO FRANCISCO FRANCO IS STILL DEAD.. AND SO IS OPENTICK
Yes, I have been MIA lately. But I did want to do an update on my previous blog post on OpenTick. So here is the latest news. Hat tip to Inside Market Data.
If you don’t know who Generalissimo Francisco Franco was, don’t worry, I didn’t either. But he was the subject of Saturday Night Live skit with Chevy Chase that was apparently a running joke on the show. Watch on YouTube.
XASAX NEEDS CASH NOW … OR AT LEAST A SUGAR DADDY
Xasax is/was the parent company of OpenTick, and they have a ‘funding crisis’. Also know a being ‘broke’. Ok, ‘broke’ is too harsh a term. Let’s just say they ran out of money.
They have put their business on ‘hold’ until it can find a buyer ( Sept ’09 ). I am not sure what on ‘hold’ means, but if I was a customer, I would be looking for another provider.
STILL HOPE
The guy who started OpenTick and Xasax seems to be a serial entrepenuer. He has several domains ( all of which are dead ) , so you never know what he may come up with in the future. The Opentick founder apparently has a couple hundred domains registered, and I only checked a few.
http://quantumarbitrage.net
http://xliquidity.com
http://atsfund.net
http://FreeTickData.com
MAYBE IT IS FOR THE BEST
I cannot really shed a tear for those guys, they were sort of dicks. Back in the day, I talked to them about getting a feed from Xasax for my job.
They seemingly could not answer simply questions about their service, and always wanted to do a webinar. Then they would schedule and then miss the webinar, with an excuse letter a couple of days later. After it happened twice, I gave up on them. They seemed overpriced at the time. I don’t really know if they were because I never had a chance to talk to them.
PDF
They are total B.S. and they are out of the market 100%. They are in total debt (millions of green bucks!) Who will want to invest??? Are you kidding???
Beware! Clients, Vendors (!!!)
Write down names of these two “Genius” guys – Noah Lieske & Daniel
Nole, stay away no matter where you will meet them.
BTW, last news, they are trying to run their business now from Technopark. Good luck with this!
Quote:
“Mr. Lieske founded many companies as a serial entrepreneur, and currently serves as Chairman of The Board for both The Tuono Corporation and The Producers, Inc. The Producers, Inc., which he co-founded, is an international multi-media conglomerate generating over $200,000,000 per year. In addition, he serves as Chief Executive Officer of Xasax Corporation, an Ultra-high Frequency Financial Service Provider located in Naples, Florida.
Before all of this, Noah was involved (owned?) with Virtual Space Networks (vsni.com), Free Sites Network (fsn.net), etc. working with porn and spam. The Producers, Inc and every company they own was founded on porn and spam!”
Good references for “serial entrepenuer”!
Thanks for the reply Kelly.