Of course OXYS is converting a debt to common stock----OXYS does not have the
cash to pay its bills. The only chance for the landlord to get his money
is to cross their fingers that OXYS can be a success. Investors will see more when
OXYS issues their next financial report. We are talking about bad bad bad management.
you should all have your doubts------management is horrible----the company has to sell stock to stay afloat------sales should be much much higher with the announced distributors, but they are not selling the models..........the balance sheet is awful.......and the company pays for research reports..........the numbers and facts don't lie
Sentiment: Strong Sell
This company lacks any quality senior management. The research is all paid for----obviously not objective. The next quarter to be reported with be another disaster. They have a good product but management and the 'yes' board needs to be tossed out.
big deal---another distributor-------who cares----none of the distributors are selling the product. .........just look at the latest 10q and you will find all the answers. How many more shares can Julian keep selling to keep the business afloat?
why believe taglich---------in the footnote you will see it is paid research. You might as well predict they will be bought by Apple.
and it will continue to get uglier------the management does not have a clue and the board is hand picked to say 'yes'...........toss out management and the board----------OXYS does have a product that could sell.
Julian does not have a clue. All the analysts that follow this company also don't have a clue. It must be paid research otherwise. The ceo is NOT qualified.
This comes direct from there latest 10q
'"the three months ended September 30, 2013 we issued 340,000 shares of common stock valued at approximately $170,000 pursuant to common stock subscribed but not issued in a prior period, and $164,040 in cash for common stock subscribed. We estimate that we will require approximately $2.57 million over the next 12 months to remain viable."
OXYS is in serious financial trouble and could possibly have to sell another 5 million shares that is required to remain viable.
It is not the product----It is the management
OXYS is totally marketing the product incorrectly.
OXYS feels that by having distributors is impressive, although the product
sits on shelves.
I presented a one on one marketing plan to OXYS with independent contractors selling
them directly to the consumers--------and they passed on it. It was a program that would cost them
It proved to me that their interest is in the share price and not selling product.
There balance sheet is horrible, they can't pay bills on time, and the focus is not
on selling product.
How truly sad---when this product could really save lives-----and it sits on shelves.
OXYS should be focusing on sales not financing these low cost items-------there are some sites that are selling model 615 for $275.
They have minimal sales to individuals as they are focusing on adding distributors which are not focused on sales.........it is obvious since there are over 4 distributors and sales in the last quarter did not even total $500,000.
It is shocking how weak management is.
As I have said before and will continue to say, "Lets see what this quarter has to show".
There is no reason if the product is properly marketed to have dramatic revenue increases, and corresponding earnings.
This could be another classic case of a founder who needs a real c.e.o. to run the company. One man
can not do it all. The proof is in the financials.
Warren Buffet has been quoted as saying, "I would rather buy a company with good management and a bad product, rather than a good product with bad management"
............just imagine when you have a good product and good management.
Let's all see how events unfold?
I don't understand it either.....The p/e makes no sense as this is not a runaway growth story. They have to work hard to make their numbers in a non growth industry.....It should be at least cut in half.
There won't be any price increase unless the company can demonstrate that it can see the units. ...Just because they have signed up distributors does not mean much unless there is 'sell thru'. The balance sheet is in horrible shape and sales could resolve a lot of those balance sheet issues.
Did BKYI lose out when Authentec was bought by Apple? Is there any chance that BKYI has a part in the rumored new fingerprint sensor for the new iPhone?
Where are you getting this information or suggestion to the board about dividends?
I assume it is coming from a shareholder as the board would make the ultimate decision on any dividends.
I am very close to management especially Kimberly Kates (cep). She is truly dedicated and has continued to move forward with blood sweat and tears. She is a Saint and we should all be grateful that she has kept BSEG alive. From what I hear and see posted-------BSEG is moving in the right direction.
Sentiment: Strong Buy
For some strange reason---maybe because
the press release was to long-----please go to VLXC quotes and scroll down to press
releases, and read the entire release. IT IS ALL POSITIVE FOR SHAREHOLDERS. The board and
senior management are working hard on behalf of all shareholders.