confirmed it is discussing buyout options. Up after hours at 45.30. Buyout could be in mid 50's
During Q2 Bill Frels increased his stake in Cardiovascular Systems by 13.31% and in Q2 he again bought shares in the company with another increase of 54.74%. Now he holds 0.65% of outstanding shares, being the company's main shareholder among the gurus, and the stake has a 1.52% weight in his portfolio.
Get on it MITK. Ha!
October was a HUGE month for Mitek. To start the month, on October 6, Mitek presented at the FinDEVr 2015 event. Mitek demonstrated the ease of use and implementation for the Mitek MiSnap, mobile auto-capture SDK. You can see Steve Craig and Ashok Singal show off Mitek MiSnap on the FinDEVr stage here: http://finovate.com/videos/finovatefindevr-2015-mitek/This is the premier event for fin-tech developers featuring the latest tools, platforms
From San Francisco, we traveled to Las Vegas for the Money20/20 conference, the largest global event focused on payments and financial services innovation for connected commerce. There we unveiled a new facial recognition technology. When this new factor of biometrics is coupled with Photo Verify® our ID document authentication solutions, merchants are able to improve “Know Your Customers” (KYC) processes in the mobile channel., APIs, and case studies from cutting-edge technology companies.
Executives connected with a crowd of top industry leaders and showcased Mitek’s solutions to optimize the mobile channel for customer acquisition.
The top payments and security press took note of the announcement with articles appearing in Card Not Present, Planet Biometric, Payment Week, Biometric Update, Find Biometrics, Finextra and Mobile Payments Today.
Last, Mitek attended the RDC Summit in Orlando. Marek Helcl presented along side DadeSystems and Gordon Food Services discussing how mobile remote deposit capture increased operational efficiency for the distributor.
The RDC Summit session discussed the value in mobile deposit for small and mid-size businesses and the increase in back office workflow.
Days before this event, Mitek announced the addition of a new Mobile Multi-Check Capture capability.
When you add all of our activities to our announcements of $1.7 million in mobile deposit reorders and the addition of one of the world’s largest online payments companies to Mitek’s growing list of customers for ID verification, you ca
Each day volume increases. Not overwhelming but for MITK, which historically had zilch option interest, it is fun to see. BTW, there are no put buyers. April 2.50s up .50. Wow!
Sold 1/2 my April 5 calls a few minutes ago. Interesting to see option prices jump as volume and stock price ticks up. Getting a little pop on volatility.
absolutely not. I agree with you. Being sarcastic. Actually, I have him on ignore so have no clue what he has written for the past three months.