SourceForge News

And finally, Star Wars fans will recall the great scene in "The Empire Strikes Back" in which Han Solo saves a freezing Luke Skywalker by cutting open a tauntaun and shoving him into the warm intestines. Now, you too can snuggle in simulated alien guts, thanks to the Tauntaun sleeping bag. It's a great gift for the holidays...

'Tis the Season for a Twitter Christmas...ThinkGeek on ABC News CYBERMONDAY...Fullscreen

'Tis the Season for a Twitter Christmas? In an ABC news report, nearly 1/2 of all retailers are using twitter to boost holiday sales... highlighting companies such as JC Penny and ThinkGeek... check out the clip at http://bit.ly/5VSvv3 November 30 at 5:09pm Nadine Watson My son noticed this while we were eating Sushi tonight.

Digg has poached Keval Desai away from Google as their new Vice President of Product, we've confirmed from the company. Desai’s last day at Google is today (November 30th).

Desai is a long time Google employee, first joining the company in 2003. He’s currently their Director of Product Management and has led development of product/businesses in Google’s advertising business (including AdWords, Syndication & TV Ads).

He’ll be Digg’s first head of product, a responsibility that has been shared at various times by founder Kevin Rose, CEO Jay Adelson and Chief Strategy Officer Mike Maser. And he’s got a big job ahead of him: Digg is hard at work on releasing an entirely new version of the site.

Digg continues to build out a top exec team. In the last year they’ve brought in Thomas Shin and then Chas Edwards on the sales side. And new head designer Jeffrey Kalmikoff is hard at work building out Digg’s next user experience.

...and then there's Geeknet... :(

Geeknet Math

f(Geeknet shareholder value)dx = Management (http://geek.net/about/management/) + Board of Directors http://geek.net/about/board-of-directors/) = Shares Closing Below Liquidation Value (http://caps.fool.com/Blogs/ViewPost.aspx?bpid=299817&t=01005232244381733972) = < 0.

Breaking News...13D Shareholder Appointed to Board [but] SourceForge Fails to Disclose this Fact Violation of SEC Rule 10b-5 ? On September 24th SourceForge announced Suzanne Present's appointment to its Board of Directors citing her "impressive" background including her past association with Lazard Freres & Co and cofounder and principal of ...

Here’s hoping everyone had a great Thanksgiving and your Christmas shopping is on schedule. If you are like me, however, you’ve got one or two people on your list who cause undue stress every year. They either have everything, haven’t given you ideas or you don’t understand what they want.

Being of the latter category myself, due in a large part to being a geek, I can sympathize.

One of the major struggles for me to get my family to understand is geeks are a bunch that you can’t just walk into a store and buy something for. You’ve got to understand the classification of your geek. Are they a literary geek? Perhaps they are a electronics or gaming geek?...

Think Geek is a great shop to find geek gifts, but they are not big on sales. Today on Cyber Monday you get free shipping on orders over $25 with coupon code CYBERMONDAY.

Yamaha's Tenori-On may be swank, and the slightly more affordable ' Orange ' version may be attainable for the middle-class, but we've been waiting far too long for an el cheapo version. Thanks to ThinkGeek, that wait has finally ended, and all of our most intense and outlandish dreams are now a reality.

If HAL 9000 mated with R2-D2 and their electronic offspring was tutored by Kraftwerk it would probably end up something like the Bliptronic 5000 LED Synthesizer.

At once a minimalist musical plaything and a hardcore old-skool synthesizer, the Bliptronic defies categorization as it belts out 8-Bit style style tunes from its grid of glowing buttons...

(Nov 24, 2009) "...Ohloh is migrating to a new datacenter over the next few weeks. During the migration, we expect some impact on the website: Project updates might be delayed...A major benefit to being purchased by SourceForge, now Geeknet, is access to a well-funded hardware budget and an experienced operations team. After the migration, Ohloh should be able to analyze more open source projects and update your projects more often..."

Author's comment - From what I have seen so far as to the developers SourceForge.net, Freshmeat.net, and Slashdot.org just inherited from ohloh if it ever happens, [now] will be the time this consortium of minds and leading open-source websites figures out how to monetize these sites, dominate market share, and arguably more importantly become the clear leaders (technology, open-source social networking paradigms...) in this space (vs. Google Code, Microsoft CodePlex, et al). Jason Allen, Andy Verprauskus, Robin Luckey...[technically] appear to be about as good as it gets. This will be exciting in the short-intermediate term to see how this unfolds...

On April 1 of each year since 2001, ThinkGeek, the online retailer, has devoted its home page to products that don’t exist. The names sound unlikely — Squeez Bacon, Surgestix Inhalable Caffeine Stix, p-Teq’s USB Pregnancy Test Kit, etc. — but they are presented as any item on the site would be: catalog description and list of features, pictures, maybe a video, price, “Buy Now” button. Click that and . . . ThinkGeek wishes you a happy April Fools’ Day. The joke is on you for believing that someone is making and selling a Betamax to HD-TV Converter.

The funny thing about ThinkGeek’s prank products, however, is that sometimes they do get made and sold, basically because the public demands it. The most recent example is the Tauntaun Sleeping Bag, which appeared on the site last April 1 as a gag and earlier this month went on sale for real, at $99. The item recalls a scene in the film “The Empire Strikes Back...”

[UPDATE1] FINRA, SEC, EFF, we have a problem...

Legal Memorandum dated November 25, 2009. Issues of Fact

See 1. Geeknet (LNUX) - Large Institutional 13D Shareholder Put Pressure On Board Demanding to Unlock Value. Where is Geeknet now 21 Months Later?

Source: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=299817&t=01005232244381733972 including comments 1-5.

See 2. Breaking News...13D Shareholder Appointed to Board [but] SourceForge (LNUX) Fails to Disclose this Fact

Source: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=90987&t=01005232244381733972 including comments through #7.

*Note: Said messages are from Q2 2008 and have been there since without incident/any warning of impropriety, violation of terms of use, etc. Said messages have only recently (Q4 2009) been deleted by Yahoo! and also without any notification.

Could said deletions be related to allegations against Jonathan Sobel, former Yahoo! General Counsel, and former Group President Media, Geeknet? Source: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=297805&t=01005232244381733972

Note:As of September 26, 2009 Jonathan Sobel became General Counsel for Tesla Motors. See http://geek.net/nycpanel/

FINRA/SEC/EFF, we have a problem...

Legal Memorandum dated November 25, 2009. Issues of Fact

See 1. Geeknet (LNUX) - Large Institutional 13D Shareholder Put Pressure On Board Demanding to Unlock Value. Where is Geeknet now 21 Months Later?

Source: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=299817&t=01005232244381733972 including comments 1-5.

See 2. Breaking News...13D Shareholder Appointed to Board [but] SourceForge (LNUX) Fails to Disclose this Fact

Source: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=90987&t=01005232244381733972 including comments through #7.

*Note: Said messages are from Q2 2008 and have been there since without incident/any warning of impropriety, violation of terms of use, etc. Said messages have only recently (Q4 2009) been deleted by Yahoo! and also without any notification.

Could said deletions be related to allegations against Jonathan Sobel, former Yahoo! General Counsel, and former Group President Media, Geeknet? Source: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=297805&t=01005232244381733972

Note:As of September 26, 2009 Jonathan Sobel became General Counsel for Tesla Motors. See http://geek.net/nycpanel/

"...Large Institutional 13D Shareholder Put Pressure On Board Demanding to Unlock Value...Trivium suggested that a share buyback may be the best option as it could result in a stock price between $5 and $15 per share..." -source: February 18th, 2008 TakingTheStreet.com.

Where are we today?

LNUX closed at $1.78 on February 15th, 2008. This article was originally published on Monday February 18th. LNUX closed at $1.20 yesterday, November 24th, 2009. In other words, LNUX management has incurred 33% shareholder value destruction since Trivium made this demand(4) of LNUX Management and its Board of Directors on February 14th, 2008..."

Deal Radar returns to open source with SugarCRM . Founded in 2004 by John Roberts, Clint Oram, and Jacob Taylor, SugarCRM began as an open-source project on Sourceforge, something that the company still maintains.

Geeknet (LNUX)'s wholly-owned subsidiary ThinkGeek and their geniuses in the ThinkGeek Labs seem to have hit a grand-slam with their Electronic Rock Guitar T-Shirt. Check out their equally brilliantly conceived contest here. Also being tweeted over at GuitarHeroDevs. Guitar T-Shirt is at the tipping point of going viral and becoming the #1 Christmas seller in this author's opinion. Also, check out their awesome video on youtube.

(November 24, 2009 - Geeknet Shareholder News) - ThinkGeek's traffic rankings as of November 23rd place them with the highest ranking in any country in the world including the United States is in Kazakhstan according to the web information company Alexa.com.

WIRED magazine today announced that American Express and Chevy are presenting sponsors of the WIRED Store, the magazine's fifth annual marquee gallery-meets-retail experience...We're excited to partner with American Express and Chevy Camaro at this year's WIRED Store," said Howard Mittman, Publisher of WIRED. "Working with these cutting-edge brands helps us showcase the latest in design, innovation, and smart products, all in an interactive gallery-like environment..."

...The WIRED Store will feature more products than ever before -- more than 250 items, including the latest televisions, computers (including Acer's new 3D laptop), cell phones, active gear, home goods, clothing, children's toys and games, the Camaro, an electric motorcycle, a custom made WIRED Trek Bike and more. In addition, the WIRED Store will host a range of events weekly, including chef demos and wine tastings in the WIRED Cafe, Geek Dad Saturdays, Game Day Sundays, a green section curated by Adrian Grenier and Peter Glatzer of SHFT.COM, and a gaming area curated by professional skateboarder Tony Hawk. WIRED Store visitors are invited to test products, attend events, and purchase featured products online at http://www.wired.com/wiredstore beginning November 21, 2009...

...WIRED Store partners include: Acer, Activision, Alessi, Andrew Marc, Areaware, AriZona, Asus, BBC, Beck's, Behance LLC, Biomorph, Bluelounge, Built, Bulova, Cafe Bustelo, Delta Faucet, DNA 11/Canvaspop, Dolby Laboratories, Dynamism, Dyson, eBay, Epilog Laser, Eye-Fi, Inc., Glenfiddich, IBM Lotus, Incase, iGo, Kapitall, KarmaLoop, Kicker, Koncept, LG, MSI Computer Corp., Nero, Nokia, Nordic Track, OWLE, Phiaton, Pong Research, Powermat, Rabbit Air, Samsung Electronics, Sleek Audio, Sony, SPOT LLC , Sprint, Surefire (ICON), The Conran Shop, The North Face, ThinkGeek, Tide, Tissot, T-Mobile, Tony Hawk, Vizio, and YouRenew.com For a full listing of events, experiences and must-have products, please visit www.wired.com/wiredstore. To view photos of events and keep up to date on the latest happenings at the WIRED Store please visit: http://www.flickr.com/photos/wiredinsider, @WIREDInsider or twitter.com/wiredinsider using the hashtag #WIREDStore and WIRED's Facebook page...

What did Tesla's Jonathan Sobel Know and When Did he Know it? Should Tesla's Imminent IPO be Accordingly Delayed Pending FINRA/SEC investigation? Geeknet Group Media President, Jonathan Sobel abruptly announced his departure on August 31st on the heels of dumping shares of LNUX during LNUX's alleged quiet period and prior to an imminent...

It's often difficult to notice when you're in the midst of making history. Some fine people in San Francisco went about their unremarkable lives in 1967, only to discover years later that they were at ground zero of the "Summer of Love." In the summer and fall of 1999, I spent some time working next door to four noisy, Mountain Dew-swilling misfits working on a renegade project within VA Linux Systems. Little did I know that their efforts would become known as the world's largest open source development site...

What is going on with Jay Seirmarco? He has been General Counsel since August 2001 and Secretary since June 2006 for SourceForge, Inc (LNUX). As soon as the name was changed all of a sudden he is now the Chief Technology Officer. CTO? Why is he distancing himself as General Counsel? He certainly is not qualified as CTO yet is still signing off on Geeknet SEC

FORM 4's e.g. Michael Sileck's November 18th filing

GEEKNET, INC

Reported by SILECK MICHAEL

FORM 4

Signatures

/s/ James Jay Seirmarco For: Michael Silek 11/18/2009

What's up Geeknet?