Bah, accumulation of a sizable position doesn't have to take place all in one day . Smart money knows how to do it without tipping their hand even with a thinly traded stock .
From a paper presented by Bernard Kress and Thad Starner of Google Inc.:
A review of head mounted displays (HMD) technologies and applications for consumer electronics.
Among several Vuzix mentions in this paper is the Nokia/Vuzix waveguide.
You are correct about the average investor but you never know when a whale will take an interest . Oculus Rift has $0 market cap & a product that causes sickness in many users yet they just received $75M in venture capital financing.
My guess is that VUZIX has been approached for a buyout & Travers said " no thanks" . The only way to gain a foothold in this company now is on the open market .
Also there is a link to the Fox interview on the Vuzix Facebook . Go to the Product/Service page .
For the Fox interview search using: watch-out-google-glass
Oculus Rift just raised $75 million in venture capital .
I think it won't be long before some big players start throwing some money our way to purchase shares .
"Do you really believe MVIS has come this far to fail?"
Difference now is everyone knows AT won't be able to find another Canadian Real Estate Developer with more money than sense to take up an offering.
Game over !
Lumus announced their DK-40 the other day which is based on what they call Light Guide Optical Element (LOE) . Similar to waveguide .
Search for article :
Lumus DK-40 is Google Glass's upcoming competitor
Who knows ? The street is ignorant . Buy at $8 with no products then sub $3 when they have something to sell.
The BOM for an Iphone 5s 16GB is right at $200 . I'm gonna guess an M100 would be similar once volume production takes place .
Vuzix M100 Smart Glasses beat Google Glass to a commercial release
Vuzix Smart Glasses Beat Google Glass to Market
Google Glass’ Competitor Vuzix M100 Smart Glass Go up for Pre-Order Starting at $1,000
Here's a cheaper, readily available Google Glass alternative (LA Times )
Yep. A CNET article from yesterday:
Watch out, Google. Vuzix smart glasses sell for $1,000
And I really like this title:
Vuzix shows off its Google Glass killer, available now for $1,000