Intel did the same thing, so did Intuit, don't care how many pieces they bought..all you know now is the BRAND name..
FYI - Safran has announced it is changing its companies' names and its visual identity to bolster the group's position as a global industrial leader and accelerate its international growth. All group companies will now communicate under a single brand name and logo: Safran. All company names now include the Safran brand name, along with a description of their business. Morpho will now be known as Safran Identity & Security and Sagem will be known as Safran Electronics and Defense. “Consolidating our group under a single name is a powerful vehicle for bolstering the feeling of all of our 70,000 employees that they belong to the same global enterprise and share the same values,” says Philippe Petitcolin, chief executive officer of Safran. “This change will allow us to unite our efforts and focus our investments on a single brand, to the greater benefit of all of our businesses worldwide. Our unique brand will be nurtured even more strongly in the future by the success of our companies, and our companies in turn will be nurtured by Safran's image and renown.” - See more at:
Not tracking why they would they do a reverse split? If anything they would give more warrants with whatever offering they would do or another unsecured loan.
IWSY has $0.01 / share. Estimates are -0.03 / share this Q so the .01 is already gone.
Next Q estimate? -0.03? That's about $2.8 mill of the $5.5 credit line.
Reread the SA article about Miller. Funny how author stated Miller uses "absolutely" instead of a simple yes which is exactly what he said about being cash flow positive next Q.
Obviously many things are beyond Millers control BUT for the simple fact alone that he doesn't recognize this and has been promising cash flow positive projections for years now he should be fired.
My feeling is there is something in place already for IWSY regarding financing. It would be grossly irresponsible to allow them to get down to their last dollar of their credit line. Guessing 3 or 4 for 1 reverse split.
That is hysterical.
Having a serious operations person on board could do wonders for this company if it isn't too late. You can cut every deal in the world, but if you don't have someone who can push on the partner to get it out the door, what's the point? Harding has shown he can't ship product.
That's the best news I've heard about this company, well, ever.
Agree. Would like to see some tangible follow-up to the just announced "turnkey" service. Doesn't seem to be much on AWS or TransUnion as follow-on. Seems like IW would at least publish a YouTube update showcasing solution?
CEO Miller's nickname b/c everything he states in a QTR update ends up being delayed...for some reason or another
Initial Statement of Beneficial Ownership
85,500 shares, so he has bought some in addition to the option award.
He was CTO at Dot Hill prior to becoming President and CEO.
Goldman had a pretty decent stake in HILL when it was acquired by Seagate. It jumped almost 100% on the news.
Goldman now has two accomplished helpers on the BOD-- Cronin on IP and Kammersgard on Operations.
Delay now has a BOD watcher who has done what he is trying to do. One would have to be pretty obtuse not to see Goldman's hand in this. At a minimum he can help, he could also be a realistic replacement, or lead a sale if it comes to that.
That isn't much in terms of options for a board member... Somewhat strange, although the vesting term isn't bad. Any way to know about events that would forward-vest them all? (ie... They sell the company next week, does he fully vest anyways?)
Anyone know how many options Jeff Harris had? I assume he never vested as he was only there a few months, but interested for comparison.
goes both ways, we have witnessed periods where shorts take down price at close too.... until stock either uplifts (would need to meet rev requirements) or goes under this will continue....
Yesterday they hit it at the close. I think your reaching on that theory and buyers just seem to be patient and trying to accumulate.
Has anyone else noticed how this stock trades? It seems that in at least 3 or 4 days out of each 5-day trading period, some time between 3:00 pm and 4:00 pm Eastern (and often between 3:30 and close) - there are small purchases that push the price back up (no matter where it has been during that day). Is it possible that someone with a large position is using the shares to back a loan and need the shares to close as high as possible each day so that there's no margin call on the loan? Granted this is totally pink sheet territory - but this ticker seems to trade in such an unusual way.
Kammersgard commented: "ImageWare offers the most unique multi-modal biometric solutions in the market and continues innovating its products in ways that allow it to stay ahead of the competition. I expect to utilize my experience growing smaller organizations and applying those same past successes to ImageWare as the company looks to expand its footprint in the commercial market."
Any insight into Dana Kammersgard, or why he was the pick? ImageWare has one main problem, it has not "continued innovating". They haven't released an actual live product in years. Does Dana have the clout to get rid of Harding and put in a team that can deliver on the promises they have made? Or is he just another delay tactic?