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Microvision Inc. Message Board

frankenberrylives 441 posts  |  Last Activity: 7 hours ago Member since: May 14, 2013
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  • frankenberrylives by frankenberrylives 7 hours ago Flag

    Oculus Update Removes DRM that Blocked Porting Exclusives to Vive

    Oculus has taken a lot of heat in recent months for attempting to block one of the virtual reality community's favorite hacks: Revive. The free, user-made software allowed users to buy games from the Oculus store that were exclusive to the Oculus Rift and play them on competing virtual reality headsets like the HTC Vive.
    Today, it appears the Oculus has backed down from its attempts to block Revive.

    A new update to the Oculus software that started rolling out to users today has removed the headset check.

  • frankenberrylives frankenberrylives 12 hours ago Flag

    Looking at today's chart it seems buying sooner rather than later might be the smartest move .

  • Reply to

    When to buy today?

    by joodlebee 13 hours ago
    frankenberrylives frankenberrylives 12 hours ago Flag

    lol , said makebadchoices who didn't honor his bad bet

  • Reply to

    Futures down around 550 points

    by jimmye123 23 hours ago
    frankenberrylives frankenberrylives 13 hours ago Flag

    It gonna take 2 years to undo & then the UK will end up adopting most of the EU policies .

    Main thing changing is globalists control is weakened .

    Short term pain - long term gain .

  • Reply to

    Futures down around 550 points

    by jimmye123 23 hours ago
    frankenberrylives frankenberrylives 14 hours ago Flag

    Market will overreact then quickly bounce back as people bargain hunt & realize this is a non event - possibly as soon as the end of day but certainly by early next week as they analyze events over the weekend .

  • frankenberrylives frankenberrylives 14 hours ago Flag

    lol , not when the dilution comes at a premium to the current PPS as was the case when Intel invested in VUZI .

    So take your NEVER & shove it .

  • Naked Shorting persists

    nasdaqtraderDOTcom/trader.aspx?id=RegSHOThreshold

  • Reply to

    Eat It, Proles

    by lol.puppies Jun 23, 2016 3:01 PM
    frankenberrylives frankenberrylives Jun 23, 2016 7:53 PM Flag

    I think you and your naked shorting buddy Richard X Roe are the ones who will be eating it over there at WATT now that the Regulation SHO Threshold has been triggered & everybody knows .

    lol have a nice tomorrow

  • frankenberrylives by frankenberrylives Jun 23, 2016 6:20 PM Flag

    As defined in Rule 203(c)(6) of Regulation SHO, a “threshold security” is any equity security of any issuer that is registered under Section 12 of the Exchange Act, or that is required to file reports under Section 15(d) of the Exchange Act (commonly referred to as reporting securities), where, for five consecutive settlement days:

    There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security;
    The level of fails is equal to at least one-half of one percent of the issuer’s total shares outstanding; and
    The security is included on a list published by a self-regulatory organization (SRO).

    nasdaqtraderDOTcom/traderDOTaspx?id=regshothreshold

  • frankenberrylives frankenberrylives Jun 23, 2016 4:04 PM Flag

    Even if money needs to be raised for growth so what ? VUZI has an obscenely low share count @
    23,906,725 shares FULLY DILUTED .

    Financing is not an issue .

  • frankenberrylives by frankenberrylives Jun 23, 2016 3:37 PM Flag

    Shorts get to gloat for a day .

    Meh !

  • frankenberrylives frankenberrylives Jun 23, 2016 3:07 PM Flag

    Also Matt Margolis states in his comments in his SA article about the ASM .

    Vuzix's first volume batch of 200 M300 units will be received shortly and sent out to VIP accounts

    It appears to me that as of the ASM on June 20 , the first preproduction batch of 50 units has been delivered to customers and the second preproduction batch of 200 should be received & delivered " shortly" .

  • frankenberrylives frankenberrylives Jun 23, 2016 3:00 PM Flag

    Also from the LD Micro presentation 6/8/16 :

    VIP Partner program just starting

    We are only enabling 35 companies out of 155 requests to get EVTs (June 2016)

    More will be enabled with DVT (July/August 2016)

  • frankenberrylives frankenberrylives Jun 23, 2016 2:54 PM Flag

    Given that on May 26th Vuzix FB had the following post :

    One of the first M300's off the production line from our Tier 1 Manufacturer. Nextgen industrial

    I would assume the first batch of 50 has been received by the customers as scheduled .

  • Reply to

    iwear to soon be available at retailers?

    by squirrl22 Jun 22, 2016 3:52 PM
    frankenberrylives frankenberrylives Jun 23, 2016 2:01 PM Flag

    haschultz1 , if you mean I feel superior because I can read a simple statement from the CC , then yes I do .

    I don't know why you construe a limited preproduction run to work out the process & bugs as having any relation to what will be "volume production " in September .

    You seem to infer production limitations that don't have any rational basis IMO . Clearly a trait of soft bashing regardless of ones claimed position .

  • From the 1Q CC Travers laid out the plan for the M300 roll out . It's really not that complicated folks . A preproduction run of 50 units , a preproduction run of 200 units , " volume production" first week of September :

    The first engineering unit build is in process and should be ready by early June. These first units will go to key the IP accounts and are paid for at a premium to production units. They are also being used for software refinement, regulatory testing, performance and quality testing, et cetera. By mid-July, we’ll be performing a second pre-production build called DVT, development verification, that reflects all the fixtures and refinements from the prior build, this build will also include more units for fee accounts and may have a small production run in the mix on the performance of the first run units.

    In parallel with DVT, we will begin the commencement of volume production, now currently scheduled to be no later than the first week of September, but they are pushing to pull this schedule and pence the reason for some of the DVT units being in production based, et cetera.

  • Reply to

    iwear to soon be available at retailers?

    by squirrl22 Jun 22, 2016 3:52 PM
    frankenberrylives frankenberrylives Jun 23, 2016 1:36 PM Flag

    Read much ?

    The first engineering unit build is in process and should be ready by early June. These first units will go to key the IP accounts and are paid for at a premium to production units. They are also being used for software refinement, regulatory testing, performance and quality testing, et cetera. By mid-July, we’ll be performing a second pre-production build called DVT, development verification, that reflects all the fixtures and refinements from the prior build, this build will also include more units for fee accounts and may have a small production run in the mix on the performance of the first run units.

    In parallel with DVT, we will begin the commencement of volume production, now currently scheduled to be no later than the first week of September, but they are pushing to pull this schedule and pence the reason for some of the DVT units being in production based, et cetera.

  • Reply to

    iwear to soon be available at retailers?

    by squirrl22 Jun 22, 2016 3:52 PM
    frankenberrylives frankenberrylives Jun 23, 2016 1:33 PM Flag

    Another point .

    I would expect the circuit board , which is the main component, to be machine manufactured and the final assembly of components , of which there appear to be few , to be assembled by hand .

    How many units do you think 1 person could assemble by hand with maybe 10 pieces/components involved ?

    Your so fond of numbers Haschultz1 .

    I estimate 1 worker could assemble 1 unit with 10 components in 10 minutes . That equals 6 per hour or 48 per 8 hour shift .

    So 4 workers would be able to assemble approximately 200 units per day .

    So if they double their workers to 8, production would double to approximately 400 units per day or 120,000 units per year or $180m in revenues per year .

    ect .

    Put that in your spreadsheet !

    Sheesh !

  • Reply to

    iwear to soon be available at retailers?

    by squirrl22 Jun 22, 2016 3:52 PM
    frankenberrylives frankenberrylives Jun 23, 2016 1:11 PM Flag

    "only a 60,000 unit per year "

    Even at your estimate of 60,000 per year that translates to $90m in revenue - 60,000 X $1.500/unit . Or $60m if you like @ 60,000 x $1,000/unit .

    Only one complaining seems to be you .

  • Reply to

    iwear to soon be available at retailers?

    by squirrl22 Jun 22, 2016 3:52 PM
    frankenberrylives frankenberrylives Jun 23, 2016 1:05 PM Flag

    What's not to understand ? Ramping is a process & it was clearly laid out by Travers in 1Q CC "

    The first engineering unit build is in process and should be ready by early June. These first units will go to key the IP accounts and are paid for at a premium to production units. They are also being used for software refinement, regulatory testing, performance and quality testing, et cetera. By mid-July, we’ll be performing a second pre-production build called DVT, development verification, that reflects all the fixtures and refinements from the prior build, this build will also include more units for fee accounts and may have a small production run in the mix on the performance of the first run units.

    In parallel with DVT, we will begin the commencement of volume production, now currently scheduled to be no later than the first week of September, but they are pushing to pull this schedule and pence the reason for some of the DVT units being in production based, et cetera.

    And for the M3000 final design and engineering work is well underway with a release to tuning by mid-July. It is important to note that most of the components are the same as the M300 other than optics and display engines. There is a lot of commonality in here. The electronics, the processors, practically everything in this thing looks like an M300 with the exception of display engine, which is really helpful in sharing the cost of development.

    The new rate guides are finalized and replication plates are in process, the Cobra display engine, which is one of the differences here also is being released for tooling design next week and first chart will be available in July. In fact, I will be in Korea next week reviewing the tools for release and doing with some other key partners. Production is expected to commence in late fall.

MVIS
1.78-0.01(-0.56%)Jun 24 4:00 PMEDT