"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 !
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 .
Also there is a link to the Fox interview on the Vuzix Facebook . Go to the Product/Service page .
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 .
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.
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 .
Also note the S3 states the following in bold red :
The information in this prospectus is not complete and may be changed.
Only in MVIS Bizarro World is massive dilution considered a good thing .
On a recent video from the Dec 10 Wearable Tech Expo in LA a Vuzix speaker mentions that his boss is talking about raising the price of the M100 . So sales must be going well .
Link didn't work correctly.
To access video go to tmcnet site & type Vuzix into search box at upper right. Then click on Wearable Technology Expo Demo : Vuzix
Doesn't matter if Vuzix is the only one licensing the Nokia patents. Vuzix has built their waveguide technology with their own patents on top of the Nokia license creating essentially a new and exclusive product .
Seeking Alpha article mentions Vuzix
Wearable Video Capture Devices
When we talk about wearable cameras, GoPro is usually the first thing that comes to mind. Indeed, GoPro is arguably the most successful and recognized brand in the world of consumer wearable video cameras. Nevertheless, the Wearables market is more than just sports cameras. Currently, this space consists of at least four subcategories.
Action cameras, such as GoPro Hero C3+ and Garmin VIRB;
Law enforcement wearable body cameras, such as Taser Axon and Digital Ally FirstVu;
Connected personal wearable cameras, such as MeCam, Looxcie 3 Social and the Google Helpout+ camera suggested by a recent press release ; and
Smart glasses, which also have a head-mounted screen, such as Google Glass and Vuzix M100.
VUZIX - a pure play !
Interestingly, Vuzix, a small pure play in the wearable display and smart glass market, articulates compelling use cases for its M100 smart glasses , a functionally similar device to Google Glass. The M100 Smart Glasses is Android-based and "well suited for a variety of industrial, medical, retail and prosumer applications." It offers "[h]ands free access to data, direct and remote video capabilities, direct onboard processing of video capture for lag-free Augmented Reality and more." In the video interview with SAP's Global VP of Enterprise Operations Management, Vuzix laid out a case for warehouse personnel to use the M100 device to efficiently manage inventories by linking real-time views captured by the device camera to the back office database. The M100 device won the BEST OF INNOVATIONS award at CES 2013. We expect to see a more refined iteration from Vuzix in January.
CES around the corner, listing coming soon , Vuzix mentioned alongside Google in articles about smartglasses .
I see nothing but blue skies as far as the eye can see !
No matter how hard you pump , current MVIS shareholders are going to lose at least 50% more in valve after the next round of dilution which is expected to happen at any moment now .