I call today the 5 minute drip. What the heck is up with this stock? Aren't we about due for another round of insider SCH 13's? It's been a while.
DHS said CBP continues to develop mechanisms to collect biometric information from departing aliens since assuming responsibility for US-VISIT's entry and exit operations. During these operations, CBP officers may employ technology (e.g. wireless handheld devices or standalone kiosk) to collect biographic and biometric information from certain aliens determined to be in-scope pursuant to applicable federal law requiring biometric identifiers from aliens on departure from the United States prior to exiting the United States.
These biometrics are checked against the IDENT system's watchlist of known or suspected terrorists, criminals and immigration violators to help determine if a person is using an alias or attempting to use fraudulent identification. Biographic and biometric data is encrypted when it is collected, and the data is transmitted in an encrypted format to the IDENT system. The data is automatically deleted from the mobile device after the transmission is complete. The handheld mobile devices incorporate strict physical and procedural controls, such as Federal Information Processing Standard (FIPS)-compliant data encryption; residual information removal; and required authorization for users to sign-in using approved user account names and passwords, DHS stated.
Customs and Border Protection (CBP) is updating the categories of records contained in the Border Crossing Information (BCI) System of Records to include the capture of biometric information including digital fingerprints, photographs and iris scans at the border as part of the Department of Homeland Security’s (DHS) “ongoing effort to better reflect the categories of records in its collection of information,” DHS announced Monday.
Why not promote Benini to the C level before a competitor poaches him?
Sandeep, the MorphoTrust SW did indicate in real time that the scan was unacceptable...This was in my original post in the thread.
"The operator, a huge man in his thirties, allowed me to stand behind the enrollee to observe the monitor as he went about his work finger by finger. The software prompted him what to do step by step, finger by finger, the entire process took 10 full minutes. It should have taken less than half that. Why you ask? Because the quality of the image of the digitized prints of 7 of the 10 fingers were REJECTED multiple times. Each reject required the operator to spray an alcohol/water solution on a cloth and wipe the rejected finger and rescan it. After the 3rd reject he hit an OVERRIDE button and that enabled him to move on to the next finger. Each occasion of a REJECTED scan showed the defective area of the print in red. Successive scans showed different red areas each time. The REJECTED scans made this a very tedious and frustrating process for both parties."
"Since 2004 MorphoTrust has been providing the Department of State with a facial recognition system that is the largest such database in the U.S."
If the readers of this board recall, a year or so ago I shared my personal experience with renewing a green card for a member of my family. I'll bring the thread back to the top of the list so you can re-read how poorly the Morpho-Trust biometric station performed. I can't believe the DOS would even consider awarding another contract to these French incompetents.
Separately I watched a Charlie Rose interview with the new US Chief Technology Officer. She is a former Google exec and very bright. She said that in the past, technology was mistakenly considered as an after thought to all policy decisions and were not part of the planning process. She used the roll out of the ObamaCare website as the example. She saw her mission as one where techies had a seat at the planning table so they could advise on cost and process efficiencies. She emphasized that in the past, .gov had used expensive propriety systems while she will advise using 'open source' COTS solutions.
What passive investor in their right mind would invest along side the Staffords based on the info disclosed in todays filing? They set the expectations bar very low and consistently manage to achieve it. What is the point of showing up for work every day at the Bedford office if this is the best they can do?
Since no one offered a name yesterday I hearby name it the 'Two minute drill' trade. Yesterday starting at 10.52 a buyer showed up and without showing any size, hit the ask for 100 shares every two minutes for the rest of the trading session. Let's see if he returns today.
No buyers for the past few weeks, and today a buyer appears after a blah earnings release offering no optimistic guidance whatsoever? This is the very definition of someone trading on asymmetric information.
There has been a patient seller out for a while but no one willing to reach up and hit the bid until today. On the other side of the coin, what remains of the balance of the float is in very strong hands. We're are what Donald Rumsfeld like to refer to as dead enders.
We're all familiar with the AWRE 'crab trap' trade, but what do you call this one?
Todays action shows an order that hits the bid for 100 shares ever two minutes. It's very different from the action of the past month or so. It's happening the day after a another expected poor earnings report that offers little reason to buy the stock. Steady pattern so far from 10:52 to 12:07 so far today.
Accenture 2004 contract award..."The Homeland Security Department on Monday announced a potentially $10 billion deal over the next five years with Accenture for a new program to track foreign visitors entering and exiting the United States,"
September 10, 2013 -
Accenture has just been awarded a nine-month contract from the Department of Homeland Security to expand international data-sharing capabilities and secure web services for the Office of Biometric Identity Management.
The contract is worth $30 million and according to the company, work under the contract will support sharing between the United States, United Kingdom, New Zealand, Canada and Australia.
“OBIM enhances the security of U.S. citizens and visitors, facilitates legitimate travel and trade and helps ensure the integrity of the U.S. immigration system,” Rocky Thurston, who leads Accenture’s work with the Department of Homeland Security said. “This program has become a model of innovation, collaboration and high performance for DHS and the federal government.”
OBIM, formerly the US-VISIT program, manages biometric and biographic identity management systems that aid federal, state and local officials to determine if travellers can legally enter or remain in the United States. Accenture started working with US-VISIT in 2004, overseeing operational responsibility for the Automated Biometric Identification System.
Accenture is also set to expand the use of secure web services for all stakeholders, facilitating access of this data. The company says that since the development of reusable ‘services’, the time it takes for new users to access the system has decreased from nine months to three weeks.
Reported previously, Accenture was recently awarded a contract along with Morpho and Hewlett Packard to maintain the European Visa Information System. This contract is for three years with a possible one-year extension. The maximum value of the contract is $93 million.
Show me the money Socks. That was an interesting Accenture patent. We all know that Accenture has been paid hundred of millions if not billions for the USVISIT program. So I respectfully ask.... where is Aware's share of the money?
I suspect that Xencor shareholders will be picking up the tab for Staffords legal defense. The first thing the old man did when he became chairman of Aware was indemnify himself from lawsuits of this nature.
Hey Sandy, your post was timely given FD's discovery of the Xencor shareholder suit against Stafford. I guess the need to screw people is just his nature.
In America you're supposed to be innocent until proven guilty. Old man Staffords well documented history of screwing his partners and minority shareholders has to count for something though. Is this the old man or his son? Jr is the old man and III is the son.