hmmm...read some of your other posts. My suggestion is come up with your own 3 points. Your motives seem to be less than desirable. But I'll give you 3 anyway:
RIGHT MODEL, RIGHT PLACE, RIGHT TIME
PROVEN TECHNOLOGY WITH CUSTOMERS
There, that's actually 6 for you.
It seems to me, it's all about identifying "where the pain is" with respect to this incident. That's how you figure out who has the most to gain from implementing Imageware's solution (with Fujistu who whoever).
Target loses reputation from "allowing" this to happen. How to quantify?
Consumer loses confidence in Target...but will it keep them from shopping there?...will consumer have to pay for a future fraudulent charge to their card?...probably not...but is there a fear that perhaps they will, causing their interest in biometrics/validation.
Who pays for the fraud?...Target, or the issuing bank or both?
How much does it cost to issue several million new cards?
Not sure exactly if Imageware would have prevented in mass...but certainly brings the problem to forefront again. By that I mean, would Imageware realistically be used to biometrically validate every card user at point of checkout in retail location? How much work is required to integrate that into store checkout process...and what are the "convenience" implications for the consumer? On the other hand, you now have tens of millions of Target customers wondering if their credit card is going to be used by the "bad guy" at some point in the future. Would consumer want to "opt in" to a service that asks for validation of a transaction say within 24 hours of it taking place? Would a retailer/bank be interested enough in the $ savings to prevent fraud to offer the consumer a discount/small store credit to "opt in" to such a program as an incentive? Just food for thought.
CERTAINLY THIS KIND OF INCIDENT DRIVES USE CASE FOR BIOMETRICS!!
Target: 40M card accounts may be breached
Thursday - 12/19/2013, 9:35am ET
A passer-by walks near an entrance to a Target retail store Thursday, Dec. 19, 2013 in Watertown, Mass. Target says that about 40 million credit and debit card accounts may have been affected by a data breach that occurred just as the holiday shopping season shifted into high gear. (AP Photo/Steven Senne)
Brian Krebs, computer security expert and Krebs on Security blog writer
Target has good security measures, but it was still susceptible to a breach.
AP Business Writers
Target says that about 40 million credit and debit card accounts may have been affected by a data breach that occurred just as the holiday shopping season shifted into high gear.
The chain said that accounts of customers who made purchases by swiping their cards at terminals in its U.S. stores between Nov. 27 and Dec. 15 may have been exposed. The stolen data includes customer names, credit and debit card numbers, card expiration dates and the three-digit security codes located on the backs of cards. The data breach did not affect online purchases.
The Minneapolis company said it immediately told authorities and financial institutions once it became aware of the breach and that it is teaming with a third-party forensics firm to investigate the matter and prevent future breaches. It said it is putting all "appropriate resources" toward the issue.
Target Corp. advised customers to check their statements carefully. Those who suspect there has been unauthorized activity on their cards should report it to their credit card companies and call Target at 866-852-8680. Cases of identity theft can also be reported to law enforcement or the Federal Trade Commission.
Lilly very much hurting for new drugs pipeline. Read article recently which commented that they do not expect increased revenues through 2020...so definitely a company hungry for new pipeline...
46K shares on the bid now at 1.70....I imagine some folks are reading about biometrics projections. Interestingly, the article that I referenced previously points out some of the challenges with NFC...
You are confused about the definition of "market cap". Market cap is defined as price per share X number of shares outstanding. Has nothing to do with revenue. A valuable exercise would be to figure out the total number of "fully diluted" shares...that is current common shares outstanding plus those that might be converted to common via existing warrants.
Agree! Also of note, lots of convertible warrants I believe around ~.65...which assuming converted, provides AXIH with big cash injection. A bit surprised that this deal implies that production will go to another client, not directly for production of Ecotrax, Struxture...although perhaps not totally the case. Anyway, it means SCALE, which is something AXIH has sorely needed.
Only posting beginnings of this article...but certainly worth a read....
Digital Transactions, October 2013
Strategies: It’s Time for Mobile Wallet 2.0, But Will It Matter?
Oct. 1, 2013
Two years after Google’s splashy mobile-wallet debut, there are more wallets than ever, even though Google and others have stumbled. What’s wrong with current wallet strategies, and what kind of future do digital wallets have?
At offer of .08...no matter how small they are, my guess that someone taking note that Miller said they would begin collecting fees from this partnership by end of year. Makes me wonder if Miller wanted to ensure that they have some "proof" of their model ASAP with Emida apparently slipping a bit to Q1.
Seems to be another validation of the need for biometrics for authentication/security. No matter the currency, you have to enable transactions...with assurance that you are who you say you are...
A company, OKTA, featured on CNBC this morning. Focus on Cloud-based identity management integration/authorization, including mobile. Worth checking out. No specific mention of biometric support which to me is surprising. Wonder if this is the type of company that IWSY may look to partner with....
Well...yes, there is likely competition...but he mentioned different bio algorythm vendors, I thought. Not necessarily other providers that would be in competition with Fujitsu/IWSY.
Was distracted a bit during call so will re-listen later...but my impression was that Miller sounded confident in spite of no near-term solid news. The extension of the pilot license for 60 days to me is good news. They are still in the hunt. I am still bullish on this company in the long term...
Will be interesting to hear the call this evening. Assuming IWSY patents are worth something (I believe they are, not to mention their user base in government), my guess is that Fujitsu could/would buy them for $3 a share right now. But IWSY wants business model provent out to make this much larger. Nobody likes to be patient. The more relevant immediate term is "how is the Emida thing" progressing. This is as much about general market adoption of biometrics for payments as it is about IWSY.
wouldn't count on it. Didn't wait this long to have STAR "interpret" what it says. What is needed is for some scientists, researchers, doctors to comment on its relevance, not Star.
Not sure I'm ready to give kudos to anyone's negativity, but I agree with most of your points. Facts are, cable/satellite operators will never want to be beholding just to Broadcom, so it is in their interest to keep ENTR going. And if their integrated products turn out to be winners, longs will be big winners. What I do blame ENTR management for is continually suggesting potential upside "just around the corner" in the past. This time, they really admitted that it is more likely not going to happen in a significant way until at least 2nd half of 2014...a long time to wait...but I will wait...in too long to bail now. They should likely announce an even larger buy back than just $30M IMO.