Somethings brewing here. Why would Guy Marsala (who was handpicked by Goldman Sachs in 2010 to restructure EZLube for a sale in 2012) get involved. And why would Netflix Cofounder Mitch Lowe join the board?
CEO saying (on last weeks conference call) company is going to be more vocal here over the next few weeks.
Wouldnt be surprised to see another squeeze to $20s here near-term.
Looks like Neonode's big partner HP is about to make some acquisitions...NEON a prime candidate
Magneti Marelli has a major relationship with Ford and Microsoft...NEON is in bed with some serious players
Magneti Marelli worked with Ford Motor Company and Microsoft Auto to develop an in-dash computer (carputer) for Ford's work truck division introduced in 2008 — with a built-in 6.5-inch, high-resolution touch screen and Bluetooth, USB connectivity, GPS Navigation, voice recognition, as well as general office applications, e.g., word processing, contact, and calendar.
May even be a buyout imo.
At this depressed valuation you know some big guys are taking a look.
Spoke to Daniel vie email on Monday asking him about why we haven't seen any insider buying, he stated:
"We are in a quiet period and insider buys are not allowed … especially if insiders are aware of a material event …"
He could not elaborate, but have a feeling today's move may have something to do with this "material event"
We are hosting a conference call on Monday pre-open to address all the NONSENSE in this hatchet job and try our very best to legally update the investment world as best as we legally can ...
we are clearly not a fraud ... otherwise HP would not be dealing with us (they are in bed with us for over 2 years - and have at least another 4 years to go), nor would AMAZON, VOLVO, SAMSUNG, LG, LEAPFROG, VISTEON, SONY, etc. etc. etc.
Who said we will not answer everything ... my list of questions and answers is a mile long.
The odds are our Q&A will be posted on to our website and disseminated publicly.
I cannot respond to his HP calculation other than to say he is dead wrong ... and that HP's generates 65% of its revenues from outside the US (i.e. Port of LA customs data and royalty guesswork does not equate to an accurate and comprehensive representation).
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New projects went online this quarter with another looking to start up this month.
Keeping an eye on this one especially at these depressed levels.
Could have a big run in it this year.
fyi, heard chatter of this as well, VLTC interested in VELT assets.
Someones putting on a huge short on NEON...every 2 weeks, data shows several hundred thousand share increase in short interest.
Also concerning is insiders selling a ton of their shares in the last secondary offering.
Something feels fishy here.
Every single bounce being shorted right into and followed by new lows.
Not it looks like institutions might be dumping.
Very concerned here as a long. Gut says we might get to add some shares here in the $3s by the time this short is done.
Half of the offering is insider selling of which the company will get no money.
Why are insiders dumping up here??
Makes me a bit nervous.
No wonder short interest is skyrocketing.
short are really in control here, not sure how low they want to take it or what they know, but ask is so heavy with big short clearly being put on.
every pop (even with contract news) being sold right into.
Morgan Stanley report out last night outlining explosive growth trajectory for e-cigs.
Goldman Sachs report was out last week.
Big brokerages basically very bullish on e-cigs, and VPCO remains the only pure e-cig play in the market.
With VPCO being the only pure e-cig play out there, this could get fun next week.
Just read the full report on Zero Hedge...yahoo won't let me post the link, just google "goldman sachs e-cigarettes zero hedge"
Krave on the first page, 6th link down.
Last week we were 9th link down, looks like Krave brand reall picking up momentum + market share imo.
No sellers out there, bid still very strong at $1.