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.
Hey Socks, you accuse me of lack of knowledge and then fail to inform. SOP for you. Why don't you tell us what we're all missing that only you understand or crawl back under your rock like you always do.
Last week, a trio of Google GOOG -0.44% researchers published a paper on a new artificial intelligence system dubbed FaceNet that it claims represents the most-accurate approach yet to recognizing human faces. FaceNet achieved nearly 100-percent accuracy on a popular facial-recognition dataset called Labeled Faces in the Wild, which includes more than 13,000 pictures of faces from across the web. Trained on a massive 260-million-image dataset, FaceNet performed with better than 86 percent accuracy.
Researchers benchmarking their facial-recognition systems against Labeled Faces in the Wild are testing for what they call “verification.” Essentially, they’re measuring how good the algorithms are at determining whether two images are of the same person.
Today Aware announces a new product (at least that's what I think it is) and the stock does absolutely nothing. no increase in price or volume. WT Fork do these guys do all day? When are they actually going to sell something that moves the needle?
W.T.Fork are they doing over there?
No news on patent RE40281 appeal either.
For more aggressive investors looking for a potential takeover play in this sector as consolidation will be coming in the months and years, look at Aware, Inc. (NASDAQ:AWRE), a specialized biometrics player that has been around for more than 20 years.
YOY means Q4/13 to Q4/14. The patent sale was Q3/14. You are correct that the sequential comparison may be bad because of that one time sale. That said, 2014 net operating income from operations should show decent growth from 2013 given the way the stock is acting lately.
IMO, there are a few/couple of buyers in the market who are working together. They have ~2 more weeks to take advantage of their asymmetric information. It seems they are accumulating and the only way they can get any quantity is to pay up for it. Unfortunately for them, the 10 million shares in this invisible company that the insiders don't own are in strong hands.
Last year was Feb11. 2013 was Feb 12. Management in their 'minimalist' style of public disclosure won't even commit to a release date in a PR as 99.99% of other public companies do. The YOY comparison to last quarter should be easy to improve upon. But as usual, only the insiders know one month after the quarter closed.
If any of you recall, this was the reason given for the retirement of former ASEI CEO Anthony Fabiano...""I want to thank the Board for its unstinting support and encouragement as we grew AS&E into a leading global security company," Fabiano said. "It's been a fulfilling experience, but now it's time for a change for both the company and me. Next March, I will be 60 years old and will have been CEO of AS&E for nine and a half years. I've always felt that a CEO's tenure should be seven to 10 years because it's healthy for an organization to be refreshed with new leadership. I plan to retire and travel the world with my wife to follow my son Michael's performances as a world-class opera singer."
I watched a PBS show on Friday night which did a 10 minute segment on Michael. In it appeared his parents and I was delighted to see Anthony and his lovely wife doing exactly what they intended in his retirement. I always liked and respected Anthony for what he accomplished at ASEI and was selfishly disappointed to see him leave. But after seeing the segment on Michaels success and hearing him credit his parents for their unconditional support I came away very pleased that good things happened to these wonderful people.
Anthony, It was great to see you again in this surprise PBS epilog that I just stumbled upon while flipping through the channels. For anyone who missed it, I'm sure you can find it on the PBS website.
DHS has been trying to implement an exit system for 10 years to monitor overstays. IMO it's a pointless endeavor absent the will to actually do something about violators. We have at least 12 million illegals in the country now that are in plain site. Why not deal with them first?
Socks writes..."Evidence of contracts with FBI, EPA, SSA, TSA, Homeland Security ....... with evidence seen as recent as Dec. 8 - days ago. These do not include integrator contracts that include Aware IP or what we are going to hear soon. It is there if you bother to look."
You are totally full of sheet my friend.
Almost all of the 260K shares traded between 1012 EST and 1120EST. The stock went from 4.50 to 5.02 and then back down to 4.85 in that time period. As I write this the stock has gone back to sleep until now (1230 EST) with only another 10Kshares traded. Will it wake back up again this PM?
Who in their right mind would buy a thinly traded stock like this?
I wouldn't count on the IRS being hostile to the Chicago Staffords who are friends with Obamas basketball buddy and former classmates of Michelle and her brother from Ariel Fund. They only sic the IRS on their enemies. Since 2009 the Rule of Law does not apply to the .01% anymore.
SEC regulations require AWRE to share material information with shareholders. Since Dell went private he's no longer bound by those rules. If the Stafford's want to be able to behave like Dell they should do what he did. Until such time they should behave like a public company.
Still to this day they have not mentioned the words "Hybrid Audio". How is this not a blatant violation of Reg FD?
Regulation FD addresses the selective disclosure of information by publicly traded companies and other issuers. Regulation FD provides that when an issuer discloses material nonpublic information to certain individuals or entities—generally, securities market professionals, such as stock analysts, or holders of the issuer's securities who may well trade on the basis of the information—the issuer must make public disclosure of that information. In this way, Regulation FD aims to promote the full and fair disclosure.
Just to add a little detail to your post FD:
IWSY has considerably less total revenue than Aware (~$1million/quarter) and loses more than double that amount in net operating loss according to the numbers shown in Yahoo.
Aware, according to Yahoo shows ~$6Million in total revenue for EACH of the last 4Q's, and net operating income of $4.15M for Q3/2014, $1.38M for Q2/2014, $1.31M for Q1/2014, and $(26) for Q4/2013.
Yes there were some patent sales thrown in, as well as murkiness from the discontinued operations, but all in all, Aware is a much, much stronger company on paper than Miller's IWSY.
If the sisters have a better explanation for the gross mismatch in valuation between the two than what FD offered, I'd love to hear it. The 'secrecy' explanation doesn't cut it IMO. At least hold quarterly conference calls and take questions for goodness sakes. Act like a public company.
Last weeks IWSY conference call is a perfect example of a bio company trying to explain to shareholders what their business plan is, what they're working on, and what their potential is. Can you imagine if AWRE did one like this? They even gave callers an opportunity to ask them questions. All in a public forum.
try searching: 20141120/APKZG22CK222VTZ3222R2ZZZCCKQZ2U2ZE62