It's been nearly two weeks and I'm still waiting....
Oh, that's right, the new iPhone doesn't release until Friday... How many products do they have for the iPhone 5 ???
Eno probably thinks that everything he is doing is being misunderstood and wants a chance to explain it to someone in hopes of getting an upgrade. What he doesn’t understand is that we all understand, but we also understand that the risks are just too high to place a bet on such a small operation.
The big boys in the bio plastics market are already ramping up multibillion dollar operations. Eno should be doing everything he can to join their teams instead of choosing to be David fighting actual Goliaths. Praying for a miracle isn’t going to save his business; only butting the bullet, giving away half to get half and joining a winning team is going to pay off. The LOI was received with a LOL by the retail investor and many larger shareholders. The board is now seeing the result of that and someone has convinced them to sit on their hands. Eno needs to be looking for a way to make Mirel a household name rather than something buried away in his garden. A small operation in Spain isn’t going to make that happen!
The new question is “ How low can she go? ”
The rock bottom answer is always zero
Personally, I’m praying for a miracle here but have zero faith that Eno can pull it off.
The following is from today's Forbes; unfortunately no one here is cluster buying at $1.40. Meanwhile, even long term retail investors are starting to call this a POS; this is what happens when you decide to swim with the little fish (Management needs to catch a clue and start shopping their portfolio before the SEC won't let them; once they run out of cash and start taking money it can become almost impossible to market your patent portfolio. Ever hear of a company called Kodak?)
A particularly strong insider buying signal is what we call a “cluster-buy” where three or more different insiders make open market purchases within a short period of one another. At Regis Corp. (NYSE: RGS), 3 different insiders purchased 1,655,649 shares at an average price of $18.03/share, for a total of $29.86M, with the most recent purchase on September 4, 2012.
Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. So when multiple insiders all decide to make purchases around the same time, it could be a strong indication that the stock is undervalued.
Sentiment: Strong Sell
Yes, I read today that Zagg owns 37% of them.
Is there any chance this will be on the iPhone 5?
If so Zagg could be the buy of a lifetime!
Gary Steele, Landec’s Chairman and CEO, stated, “These agreements with INCOTEC allow Landec to focus on its two core businesses, food products and biomedical materials, while capitalizing on our Intelimer® polymer technology for agricultural applications by leveraging INCOTEC’s existing global distribution channels. Landec will retain all rights to its controlled release technology for agriculture. INCOTEC has worldwide operations and is rapidly growing its North American operations for supplying seed treatment formulations to major seed companies.
Why in the world would you let this go at $5.05 when you can easily get $5.65
Want to know how?
Investors are now paying "at least 60 cents" for November options
Yes, there is a risk that if it goes below $5 you'll still be holding share, but then your cost basis is 60 cents lower than yesterday
17% is approx $58 Million
With this trading at 1/5th book (according to yahoo)
Their $58Mil could turn into nearly $300 Million
That seems like a pretty good reason to buy and hold
Then again, Yahoo's book value for CEDC must be at least a little high
Regardless, even a double for them is and extra 58 Million Dollars which is well worth holding for
FYI, worldwide is now over $244,687,577 and they have some pretty big countries coming up this weekend
IMHO everyone is underestimating the power of the Panda
Whereas X-men dropped 6.9% and Hangover was flat...
It appears that Panda is starting to show that it has legs
Hopefully the trend continues into the weekend and beyond as more and more kids start to take off on their summer vacation
Steve, I’m not assuming that my bulbs will ship tomorrow (today in the Czech Republic) but I would like to read somewhere that “bulbs are now shipping” and will soon be sent to Vu1’s online customers and to Vu1’s distributor in Seattle which has already taken orders from many eagerly awaiting customers.
Personally I’d like to see Vu1 give their distributor a small plug for sticking with them thus far and providing valuable real world feedback as well as an online system for bringing Vu1’s ESL technology to a wide range of lighting enthusiasts. Most every single ESL article that I’ve read mentions that bulbs are available directly from Vu1 (a company that requires orders of “8 or more” and isn’t setup to distribute to the masses) but neglects to mention Vu1’s “leading northwest electrical distributor”… A distributor that you and I happen to know about yet if someone else wants to order only a few bulbs then they really have to dig to find out that Destination Lighting’s online website is also selling Vu1’s ESL bulbs.
Steve, you may be right, I've heard multiple times that the photos on their website are just artist renderings and I believed that to be the case due to the extremely polished look. It is possible that they've hired a very good photographer and he or she used a little Photoshop to make the pictures look that great. Sorry for assuming that we haven't seen the final product. I imagine that their version two bulb looks just like the bulb displayed on their home page and within their spec sheet.
Ginch, regarding tomorrow’s ship date, if they can’t figure out a way to ship and bill at least one bulb on the 23rd then I’ve invested in the wrong company. As Steve Jobs would be quick to say: “there’s an app for that!”
If they can’t figure out how to bill their customers; here are two of many iPhone/iPad apps
If they can’t figure out how to create shipping labels; here is one of many iPhone/iPad apps
If they don’t know where they are going to get boxes or bubble wrap from then they can visit any place that sells moving supplies (for bigger shipments) or they can visit their local UPS/Fedex/Post Office/Etc.
This isn’t rocket science; if they are unable to ship something tomorrow, as the CEO said they would, then they should not have provided a date and if they can’t ship a small quantity of bulbs to you or anyone else here (by the end of this week as you were told) then they need to hire some help.
Please stop making up excuses for why delays could or will happen; if they can’t figure out how to ship a few bulbs this week then today’s drop in share price is highly justified.
Lack of experience is not an excuse for something that has been years in the making. I can and probably will accept any excuse that they shovel my way but I would prefer to learn that the company is capable of following through on their word.
“Feb. 24, 2011 -- Vu1 Corporation… announced that it has completed electronics miniaturization in the second generation of its Electron Stimulated Luminescence™ (ESL) R30 light bulb and will begin shipping the new bulbs to all customers with outstanding orders from March 23, 2011… Philip Styles, President and Chief Executive Officer. "In the coming weeks we plan to fulfill all of the pre-orders for our initial R30 bulb with our next generation bulb”
It is now March 23rd in the Czech Republic; will the employees at Vu1 be able to finally earn their first dollar?
Should investors expect a little PR for View-One ????????
July 1, 2010 – “Vu1 Receives Preliminary Order for Its Next Generation Energy-Efficient Environmentally Friendly Lighting Technology”
December 22, 2010 – “Vu1 Records Early Online Consumer Interest for Its R30 Electron Stimulated Luminescence (ESL) Energy-Efficient Reflector Light Bulbs”
February 24, 2011 – “Vu1 Corporation Introduces Next Generation Electron Stimulated Luminescence R30 Light Bulb”
Okay, so Vu1 has told us that they have a distributor (but they’ve never supplied a name), they have told us that they have orders (but they’ve never mentioned fulfilling any of those orders) and they’ve sent out samples of the version 1 bulb (but they’ve never showed the world an actual photo of the nextgen version 2 bulb)… If we don’t get a press release with a photo, announcing who the distributor is, that product is finally shipping and perhaps identifying the size of their initial orders then perhaps their management team isn’t as good as I think it is... Does Haberman still work with Vu1? When will they begin telling the story?
Tomorrow is March 23rd, will Vu1 finally ship their first consumer ready product or will we soon learn of another delay????
The market seems to be expecting the worst as someone was dumping shares today.
Time will soon reveal the next chapter of the Vu1 story.
Tune in tomorrow, same bat time, same batty channel ;-))
FYI, the conference ended a little while ago with awards going to HaloIpt, Enecsys, Whitefox and SolarPress
Vu1 was one of 34 companies on the final schedule so I assume they presented today.
For those just tuning in, CleanEquity Monaco is: "The annual invitation-only event hosted 34 next-generation companies from four continents, presenting to an audience of over 250 delegates, comprising specialist financial and strategic investors, policy makers, end-users and international trade and technical media."
It will be interesting to see what international trade and technical media has to say about this even.
Hopefully they like Philip Styles, Vu1 and ESL and will have lots of good things to say.
Have a great weekend!
I think we already got it; see the newly released spec sheet
Monaco is a stepping stone for long term funding. The company rarely talks about funding until it is complete or nearly complete.
On the other hand, there were members of world press there so we may see a few nice write ups this weekend or within the coming weeks.
By the way, if you have contacts at Vu1 would you please ask them where my bulb is? I'd like to know if it shipped, what day it shipped on, do they have tracking numbers, what method of shipping did they use, when should we expect to receive our sample gen-1 bulb?
Any or all of those would be good to know.
Thank you for any help you can give with that.