I will be sending my correspondence from Liolios to Emancipation so they can see the pattern of lies coming from the company spokesman.
Obviously, they tried talking to Ehrman and BOD. Ehrman believes he is right even though all the facts point to his being miserably wrong. A pipeline doesn't pay the bills. If Ehrman winds up being wrong, he will put the company out of business. That's over 100 people out of work
Sounds like these poor dumb schmucks are about to come down hard on overpaid incompetent management.
Look for fire sale to begin soon but not before upper management bleeds this company for every dollar possible.
previously was filed as 13G, passive investment
So these guys are targeting Norm's SaaS strategy. Norm might be fired here in short order.
Now hold 9.7%, 1.27M shares. Bought more in June
The Reporting Persons acquired their shares for investment in the ordinary course of business. However, the Reporting Persons are filing this report on Schedule 13D as they expect to more actively engage the Board of Directors and management of the Issuer regarding their strategy. The Reporting Persons also expect to be speaking with other shareholders from time to time. It is the belief of the Reporting Persons that the Issuer needs to focus on generating positive cash flow in the near term. While the Reporting Persons generally agree with the Issuer’s new strategy, any delay to achieving positive and growing cash flow would cause the Reporting Persons to urge the Issuer to seek strategic alternatives. The Reporting Persons believe that the Issuer has excellent products serving a large and growing market, but execution challenges have impeded growth.
In the ordinary course of their investment business, from time to time, representatives of the Reporting Persons engage in discussions with the management and boards of companies in which they have invested concerning the business and operations of such companies and potential approaches to maximizing shareholder value. The Reporting Persons intend to continue to seek to engage in such discussions with the Issuer and may do so with other holders of the Issuer's securities and/or other third parties as well.
I don't usually post my recommendations on this message board but CAR is looking real good at this price - 41.00. Forget about Uber cutting into the business. Uber's biggest impact will be on TAXI ,another one of dooshbg's loser stocks, and taxi cabs in general. People use uber to get to the airport. They land and then they rent a car. This is not changing, IMO.
Largest customers (walmart) must realize that it's risky to put all their eggs in one basket. What happens when/if IDSY goes BK? Lots of competition in this space. There is no substance to this company. All IDSY is now is a stock manipulator's toy.
....get it over with, at least the base for the selloff will be $5.20 instead of $4.xx, which is where this seems to be headed.
Stock down 25% on no news in the last 8 weeks. IDSY could have stopped or slowed the bleeding but these buffoons don't seem to care.
IDSY, RVM, CLCT,TAXI,ETC. There goes the inheritance. This over-analytic, OCD putz thinks he can outsmart the market. I tried to tell him. What a LOSER!!!!!!!! HAHAHAHAHAHAHAHAHA!!!!!!!!!!!
Q2 is totally up in the air. What about Q3 and Q4? I can't see how they could make their numbers if they have not already announced major wins. It takes time after an announcement to plan a major rollout
in retrospect the non-compete with Avis killed rental. There was a short time their rental tech was the best available but they could not market it.
FYI - this is why I advocated suing Avis/Hertz/Enterprise. At the very least, IDSY could have said Hertz was getting out of car sharing because they didn't want to pay the royalties. Now they got nothing. Nothing!!
Bonehead management totally blew the whole rental segment. bunch of poosies
Wonder if Avis will disband Zip and take a $500M write off
Interesting. That tells you what the ex-Avis CIO thought of ZIPCar. What a bonehead move to buy ZIP for $500M. It is totally outdated technology compared to Uber.
If they went with IDSY for $100M instead, at least they would have auto read of fuel and auto check-in/check-out
PS - I saw that same article and grabbed the snip on car sharing. I guess this signals IDSY rental tech is dead to Hertz
major blow to all the rental companies. With Uber, car sharing is dead. $500M by Avis spent on ZipCar was a total waste of money
Pullback in car sharing. The company plans to close its car sharing operations in the U.S. and in some European cities, but it isn’t exiting the business altogether. Hertz will continue to use technology to support stronger parts of the business, including car sharing in Sydney and some carpooling and fleet management services abroad. “Our technology requirements will support this focus, and we will continue to evaluate long-term options in emerging mobility businesses,” Mr. Best said in the email.
"I asked you for a technical spec of what TotalTrax has that IDSY does not. You did not respond to 3 separate inquiries. Why can't SkyTrax get location from a GPS?"
Who cares, loser? What difference does it make. It appears TotalTrax is on the way up, and IDSY, based on their stock performance, is on the way down. I tried to tell you. You should have listened. You should have listened to me about AMZN and GOOG instead of bashing them. You poor OCD schmuck! HAHAHAHAHAHAHA!!!!!!!!!!!!!!
Really embarrassed....Heads will need to roll. Hahaha. They are proud. They make a lot of money for under performing. They beat everyone to the market and even have several patents on their products and they are still down 20% with Raymond as TotalTrax rapidly gaining business with Raymond. They came up with this big master plan of 2.0 and now they are going to be at a 52 week low next week. I think since I posted that TotalTrax will take over the market there is more proof in my prediction versus you completely speculating about how TotalTrax is doing as a private company.
now is the time to sue on the rental patents. They are weak now. Hertz especially just put years of not filing 10K's behind them, last thing they want is a nasty patent lawsuit
But apparently, Ehrman is too big of a pvssy
I am actually thinking Steve may have been laid off from IDSY. Too much knowledge of IDSY to be a TotalTrax employee. I am guessing a sales guy