They are insolvent as of year end. CA are less than CL and they have $5MM of debt and no chance of income. No more stock offerings. Get your $.14/shr before it is zero. Sorry!
Do you really think VZ is going to enter into a contract with a startup that will go BK in a few months__really? My guess, which seems a bit more realistic, VZ enters contract with Ambient for unspecified period, provides some much needed R&D assitance and funds, then buys them out altogether.
Yes they would.
The reason is that in the event of Bankruptcy only the exisitng Shareholders get screwed. Not all companies close the doors.
In addition, Who holds the long term debt? If its Vicis, which I beleive it is, then it's likely that Vicis may allow the company to go into BK before financing future activities. This allow themselve to become either the wholly owned or a higher percentage of ownership. In BK 90% of this company will go to the debtors and a small percentage to the existing shareholders.
Also why would VZ buy them out for their market cap ($150M) when they could buy them out of bankruptcy for a fraction of that price?
Lastly VZ may not be concerned because they have no existing orders. Orders for this combined product will come after trials, I assume???? If that is the case then no orders, other than pilots, will come from this.
hope you can succeed in lowering the pps soon...
oh you are to late.. you're too slow (you should have work harder, I'm really disappointed of you),..you should written
in all CAP and it might of work better.
Now its too late the news is out...you you you, what kind of
anal-is are you?..work harder.
Your ignorance and desire to bash is overwhelming isn't it.
this company is one of the best positioned to be key in smart grid
.14 isn't cheap enough for you so try to drive it down. DORK
MUCHO SUPPORT AT THIS LEVEL!
You know this puppy's got legs
Recalculate your message,name me one utility that has started smart grid deployment in USA. The itron two way centron meter partnered with the ambient-verizon communication may become the largest block buster in the smart grid world.
Ask yourself why would ambient recently announce the top executive- employee share offering plan by their largest share holder vicis, without any say from other shareholder, they have millions tied into this company, the future seems awfully bright, any person with common sense should know that the delay in waiting for standards to be adoped, so far only 16 or so have been adopted. What utility in their right mind would start deployment when there is a chance that the standards they started with in deployment were not the standards adoped. I am
certain many utilities decided to see if their bid for grants from uncle were granted, this could decide how much a utility would want to spend on their own smart grid project............Ambient
latest 10Q states that ambient's inventory could handle a sizeable utility deployment, why would ambient build up this inventory without orders
in their future.
Really. I think I may get a second and third opinion from analyst111 and analyst113 before I make a decision. Do they give out free expert advice like you on Yahoo message boards? My best friend's cousin's aunt's third cousin was actually analyst14 back when Nixon was president. Small world isn't it.
Really. I think I may get a second and third opinion from analyst111 and analyst113. Do they post free financial advice on Yahoo message boards too? I know a guy who cousin's aunt's uncle was analyst13 back when Nixon was president.