VUZI hasn't announced when they are reporting .
Pretty sad you can't even do the most basic of DD .
lol your not a fly on the wall at Corporate
you don't know what the current cash situation is or the needs for additional financing
Post an Income Statement & Balance Sheet with your predictions for 4Q .
"I would sure like to hear Traver's state that he won't be selling any of these shares or less than $10. Do you think he will in the conference call?"
I doubt Travers makes a statement about that on the CC .
I doubt Travers will give much info other than boiler plate at the CC .
See SEC filings .
I'm guessing Travers won't sell any shares for less than $10 . Plenty want in .
Wouldn't want to be out or short when it goes down .
After close today ? In a month? 6 months ?
Sell & move on puppiepoop
BTW Registration is in Effect - we'll see if Travers pull off a 1million share sale @ $10 . Many want in & Travers may give someone chance .
Surreal , it looks like the M300 has to be purchased at "For the $1,499 retail price " - no discount - to get the deal .
BOM for Google glass was estimated at less than $200 . Assuming Vuzix is at $250/unit thats $500 cost for 2 units .
$1,500 - $500 = $1,000 profit
I don't see it as giving product away , but as a clever strategy to get customers to lock in now instead of waiting for the M300 to become available and possibly going with a competitor such as Google Glass .
I don't know how they will book the transaction , but I would imagine they would split it . Some when the M100 is shipped and the rest when the M300 is shipped . I'm sure the will follow Generally Accepted Accounting Practices for the transaction .
Yes , what did I miss ?
Building won't get built till the business (volume) is there .
In other words , business isn't there yet so building is not being built .
In addition , they really don't know when the business will be there to justify the building .
Their customers (30+) can't currently give them enough indication as to when volume will justify a building expansion .
But, we're optimistic and we can show you the lot .
Check 1st commenter Richard X Roe - a known short/basher .
Yes, I kept listening for an update on that new building that they had started construction on last year but I didn't hear anything . Probably just a minor oversight .