Now that we're done "fighting counterfeiters during the holiday season", I wonder what our revenue enhancement plans are for this coming year? Surely, LLTI management will issue some clear hint to the long-suffering shareholders as to what exactly the master plan is generating sales with the ever-increasing need for authentication solutions for mobile, supply chain and identification applications. I'd just like to be assured that our answers are not behind the curve and that's why no meaningful partnerships are ever announced. It's time to lift the veil and act like every other legitimate company in the industry. Sorry to be the first negative poster but until something of consequence breaks it's hard to feel any other way.
You're right about my pessimism Magro. First off, the end customers looking to make these unrealisticly low priced purchases for "brand name' items are born suckers. There is no practical way to get them to even desire to check the product out. That's why all these fly-by-night on-line entities flourish in the first place. To think that our "brand name" solution (I hate to call our processes solutions because they haven't even been tested yet) will gain any level of acceptance with the buying public is dubious at best. Beyond that, who pays for the right to use it? A key point wouldn't you think? To further belabor the point, I think it's fair to say we're all flummoxed (and that's using a kind word) by the very secretive corporate policy of providing no meaningful data on applications in place, customers (if any), any contract revenues present or future- all we keep hearing about is the wonderful solutions that LLTI is on the cusp of offering to the adoring industries we hope to serve. Meanwhile, our competitors are generating revenue every day thru putting their solutions in place and improving/enhancing as they go. For being in the industry for such a long period, our upper management group are truly serial under-achievers. I've decided the boards are simply names used to fool retail investors like me and others. Let's hope our "solutions" don't end up in that category too. .
Shows you what a well conceived financial plan will do to share price. Just think if we somehow could get from 109 planes to around 120 as a first step. Either that or let AYR buy us out for $22 or so.
Myrentdesk- I'd love to be able to argue with you but I can't. I'd be curious to know if there are any other companies in our industry that have established a policy of non-disclosure about the companies they have contracted with to provide "services." I put that in quotations because I'm not absolutely sure that these "agreements" even exist. We're told they do with little or no facts whatsoever to confirm the statements. I'm hard-pressed to think of any other investment in my life where I've been expected to rely on the good faith of the corporate leaders to think they're doing anything constructive. I have decided to utilize my loss harvesting potential next year so clearly I've decided to let this company languish at least part way thru next year hoping against hope (apparently) that this leadership group will finally make something happen in an industry that is ripe with opportunity. I do harken back to odd nature of proceeding from a "going concern" type statement to a glowing description of a bright future simply by bringing on a new CFO. That was definitely odd but what about this company hasn't been?
GE Capital Aviation leases 1700 planes, the expanded AER 1300 with options for 400 more and AYR has 161. Meanwhile we trail the pack with 109. Of course we lead the pack in dividend payment but we need to juice up the plane acquisition. Clearly the airline industry is all about leasing these days and we're being left behind in that growth spiral. AER gets the steroid infusion of AIG for access to capital. We need a deep pockets partner as well.....
By far the worst investment of my career. Now down to $.0611. I'm getting to the point where I'm thinking if the heavy hitter associated with this embarrassment of a company don't step forward and announce they are buying shares they should resign in shame. This pertains to any employee at any level and board of directors and advisory board members alike. I'm sick of watching sector competitors bragging about their business deals and expansion opportunities on CNBC and Bloomberg. Meanwhile, this company is more mysterious than even the lack of candor about who they have any dealings with whatsoever. I keep thinking about the oft-used phrase "for every seller there's a buyer.' That's true of course but I'm wondering who that buyer is and what they see as an eventual return on their investment. If this is just impromptu trading to make a penny or so on each transaction that just adds to the pathetic nature of this company. I guess I'll save the potential tax loss harvesting to 2014 as I give this wimp of a company one more look see before I see it fold up ,like a cheap tent.
They are still up over 30% so a dynamic move can move share price way higher. It's funny because sometimes acquisition announcement lower share prices but I guess in a relatively small sector it moves all boats upwards.