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Viscount Systems Inc. Message Board

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  • I don't understand why anyone would sell this stock now. Looks like up from here.

  • Reply to

    Interested in this company

    by tables777 Apr 1, 2014 11:37 AM

    There is a new management team in place. I understand your frustration with the history of this company, and don't blame you for being cynical. But the BOD has fired the CEO and it's a new day. The new CEO is a seasoned and honest executive with a great track record. It would be a good idea to stick around and keep an eye on this. It's a classic turnaround.

  • Reply to

    Interested in this company

    by tables777 Apr 1, 2014 11:37 AM

    good technology is correct - management team is content so far to run this company like their own personal little cash calf. If someone there was motivated to find a killer app then make some noise.

  • Reply to

    Interested in this company

    by tables777 Apr 1, 2014 11:37 AM

    Sales are what will drive the price.

    As you may know already, the new product line(two tiers of the same product, which the CEO calls 'best in class') had increases of 270% last year. That is with NO added sales people. Now two new regional managers have been hired, both very experienced, and Microsoft has included VSYS in their 'recommended' companies group and is sending them qualified referrals.

    So the events that will drive the stock price are new contract wins. The CEO stated on the call that anything of significance(over $50K) would probably warrant a press release. He's very interested in being transparent with investors, and has a LONG history of managing sales growth for Honeywell, Pinkerton, etc.

    The company is very undervalued in my opinion, and there is much investor fatigue from the long term holders. But what I think they are underweighting is the fundamental change the new CEO has brought.

  • Are there any catalysts that will drive up the price? What are the negatives here. I appreciate your help and comments.

  • Fundraise done, $2.5M in the bank, hiring 2 new regional sales managers, solid contracts with Homeland Security, new leads coming in via relationship with Microsoft where they are a 'featured' company, sales in new product line grew 270% last year and each quarter as well. CEO on the record as saying this is the best new product he's seen in years and feels this is an ideal time to be introducing it into the marketplace.

    Too bad more folks don't know about this one yet. It's really a great opportunity. Dennis Raefield has a history of success as long as your arm. His arrival as CEO is a game changer.

  • Listen for yourself to hear how sales of the new line of security devices are growing quarter by quarter. Sales expected overall to double this year and next. I think this is a grossly undervalued opportunity but please take a look and see for yourself. The call is at 4:30PM today, and the number is: +1 (213) 493-0014.

  • The arrival of a new sales based new CEO and the departure of the tech genius but flawed old CEO could not be more important. The technology is first rate---I doubt the US Government would be installing it if it were anything other than first class---and what has been lacking over the years is a focus on commercialization and sales. Now that box has been checked, some money raised, and I would expect the next few quarters to be far more robust than in the past. This has multi bagger written all over it, although many will not play in the penny stock field for obvious reasons. I don't either, often, but in this case after speaking to the new CEO am convinced it's a new day.

VSYS
0.120.00(0.00%)Apr 17 8:10 PMEDT

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