Under the old practice, the false claims go away after they are litigated in court and won by the police after spending $20,000 of police resources and legal fees to fight those claims. Those claim costs add up. That's why the benefit/cost ratio of the cameras in the Rialto, CA study was more than 8:1 (payback in less than two months).
How about that! Rick Smith is in Scottsdale, not overseas as some allege here. But he probably went to London to close the deal with London Metro. Back home again.
And that one shift is working weekends to keep up with demand. If demand increases further, a second shift can be started in their existing facility.
Yes. The first shift works weekends now. If production needs to be increased, they start a swing #$%$. If they really get going, a graveyard shift. All within their existing facilities.
In his interview with TXMD's CEO, Cramer did not mention their 150 million shares outstanding nor that they fired their accounting firm last month. These are typical red flags for Cramer, but not this time. Very unusual.
You say Tim Scott is a Republican and the Republicans ran no one against him Why would the Republicans run one of their own against one of their own?
Has anybody in the legislature mentioned how the camera purchases will be funded? It's one thing to enact legislation; it's another to implement it.
Again, thank you for your comments. TASR management has stated that body cameras are (or can be) activated automatically when the patrol car door is opened. They also stated a new version of the cameras can activate other cameras in the area should a run-down go out of view of the dashboard camera. At TASR's February seminar in Sacramento, they noted that sergeants can use the camera videos for training purposes to demonstrate/encourage best practices. Because so much video will be produced, the LAPD chief recently stated in a TV interview that they are obtaining software to sift through all the video generated to find meaningful segments. Would you know who makes that software? Comments about other items mentioned above would be welcome. Thank you.
They aren't sure what he moved but it insinuates that he planted evidence to justify his actions. On your other comments, thanks for them. This technology actually saves money. The Rialto, CA study indicated a benefit/cost ratio of at least 4:1 (after moving officers to more relevant duties, better than 8:1). Mesa, AZ and San Diego information confirms results of the Rialto, CA study. States are analyzing camera usage, which may encourage their use. Once funding comes from the state level, funding will not be a problem.
A PA female police officer killed a white man recently and it got press too. She's charged with criminal homicide. Shootings by police of anyone is high profile now.
Yikes! Funding source is to sell shares, 150 million shares outstanding, fired their accounting firm last month, has overpaid officers, and is HQ'd in Boca Raton, FL. Red flags anyone? How much did they pay Cramer to have their CEO be on his show? Cramer should be embarrassed to have even acknowledged this company.
They haven't been delivered yet. The LAPD bought 7,000 cameras a few months ago (before Charlotte did) and the first batch is going to be delivered to them this quarter. TASR doesn't have these on the shelf to package and mail the next day.
That's what PDs are using the videos for: to demonstrate best practices to improve their officers. TASR's February seminar in Sacramento highlighted this use for their body cameras.
This is on the front page of today's New York Time (pictures included and above the crease). The video was by someone else, not a body camera on a police officer. The article states that "a White House policing panel recommended that police departments put more video cameras on their officers." TASR can't buy this kind of advertising.
This is the kind of stock that makes investors cringe, making them wonder if the the stock market is too high. TXMD's funding source is issuing more stock; shares outstanding are nearly 150 million. The compensation of TXMD's management seems excessive given the size of the company. It fired it's former accounting firm in March. The company is registered in Nevada and headquartered in Boca Raton, FL (that's a real red flag). How did this company's CEO manage to be interviewed by Jim Cramer on "Mad Money"? If someone had called Cramer during his Lightning Round segment about this company, Cramer would have pressed his "Sell" button in an instant.
Go to the SEC's EDGAR and read TXMD's 2011 Form 10-K for an historical background. The officers are bleeding this company dry with their compensation. TXMD's funding source is issuing more shares. They won't be profitable for years. They have nearly 150 million shares outstanding. This is a penny stock that is somehow over $6 a share. Lastly, TXMD's headquarters is in Boca Raton, FL. How much management paid Cramer to be on his show is anyone's guess. If someone had called into Cramer about this company during his Lightning Round, he would press the "Sell" button immediately. You have been warned.