Appears that his PR regarding the hiring of the monitoring service was bluffery...he doesn't have the $ or the market credibility right now to follow through. Wondering when we see any value from his hiring...so far only visible sign is production of a nice web site.
Well...I would think RC would need to provide an update if phase 1 had actually started if they felt compelled to provide an update when FDA notified them that they would have comments. RC may have taken delay plus timing of trial to mean it may be in their best interest to delay Phase 1 approval, etc. until AFTER the trial anyway. Any good news will be smothered with the political orgy that will take place next week. Even if it's not bad, the "articles" have been pre-written to paint things however the press and politicians choose to do so. BTW, I have been buying more...
I understand that production must be provided to Texas RR Commission within a specified period of time (30 days, 60 days, unsure of exact)...but that driller also can NOT provide and pay a fine...which apparently EOG has done in the past. Of course, I would expect that if production becomes material to ZAZA they will HAVE to report it....
I think until it becomes real, we have to go by "signals". To me, a good signal that ZAZA was able to, and interested in, getting another $5M plus for more land and or wells right now.
Thanks. Yes, strange that they fail to mention these suits in 10Q. I guess trial dates far enough out that it may even play to IWS favor. Leaves bigger players wondering if they may be at risk of patent violation...sometimes "no answer" is better than "wrong" answer.
This from IWSY Mar 31, 2014 10Q. No mention of the court cases you mention?
On September 21, 2012 a complaint for patent infringement was filed against the Company in the United States District Court for
the Eastern District of Texas, entitled
Blue Spike, LLC v. ImageWare Systems, Inc.
, Case No. 12
LED. The case is one of
plus lawsuits filed by Blue Spike, LLC. All cases have been consolidated for all pretrial purposes, other than venue,
with the first
filed, lead action entitled
Blue Spike, LLC v. Texas Instruments, Inc.
, Case No. 12
LED filed on August 9, 2012. The
suit are directed essentially to digital signal abstracting technology. On March 14, 2014, the Court granted the
s motion to sever and transfer its case to the United States District Court for the Southern District of California. Accordingly,
s case against the Company has been severed from the consolidated action and transferred to the Southern District of
California. The Court also denied without prejudice the Company
s motion to dismiss claims for indirect and willful infringement, without
prejudice to re
filing the motion in the Southern District of California. The Company contends that the asserted patents are invalid,
unenforceable and/or not infringed and intends to defend against the action vigorously.
Other than as specifically described above, we are currently not involved in any litigation that we believe could have a material
adverse effect on our financial condition or results of operations. Other than described above, there is no action, suit, proceeding,
inquiry or investigation before or by any court, public board, government agency, self
regulatory organization or body pending or, to the
knowledge of the executive officers of the Company or any of our subsidiaries, threatened against or affecting the Company, our common
stock, any of our subsidiaries or of the Company
s or ou
Got it. Thanks. I thought they settled on those cases...certainly have not mentioned during updates.
Not "crucifying" you...but total after hours volume 200 shares. Based on 200 shares, that 8% down is all of about $15....
Announced today. Hmmm...wonder if IWSY is/was competing for partnership with Experian. Also wonder if this is in violation of IWSY "foundational patents"?
All, trading technical related...but comments that breakout may be imminent. Published early this afternoon.
Figuring IWSY has a place at IBM Cloud service in the realm of Biometrics already...additional tie up with Apple and IBM may mean opp for IWSY.
Well, would probably be great if the basta*ds at the FDA made them choose. OK, we'll take it off the retail market. Then let the government go to war with the public who are supporters and depend on the product. Great pub.
Submitted 07/02/2014 769136 471-30364 EOG RESOURCES, INC. (253162) BEDIAS CREEK 1 03 WALKER Vertical Amended as Drilled BHL Yes 13000 Mapping
Interesting reading Seeking Alpha piece on ZAZA dated June 17 by Matthew Smith. Funny how terms like "dog", "we want nothing to do with it", "taking profits" are used. As if he is looking to scare folks into selling?...couldn't be, could it? ;-0
So he says invest instead in EOG, not ZAZA even if you are a believer that the JV will be successful.
SAN DIEGO, CA -- (Marketwired) -- 06/27/14 -- ImageWare Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, was selected to implement a multi-modal biometric driver license system for the State of Baja California, Mexico.
The contract was awarded by the Funciones Ocupacionales Insha, S.A. de C.V., the prime contractor on the project. For ImageWare, the contract is valued at more than $1.0 million and its software will help generate more than one million licenses over the next three years. ImageWare will receive one time license fees for its software upon delivery and ongoing payments for its professional services and maintenance as delivered.
ImageWare will help to deploy the system at governmental offices in the largest cities in the state, including Tijuana, Mexicali, Tecate and Rosarito, as well as implement mobile stations through the state. The project will begin in the third quarter of 2014.
"As security needs become more complex and demanding, our customers increasingly appreciate the unique power and flexibility of our patented cloud-based, multi-modal biometric solutions," said Jim Miller, ImageWare's chairman and CEO. "Our proven track record of providing state-of-the-art biometric solutions for government agencies was a key factor in winning this award."
The multi-modal biometric driver license system will be based on ImageWare's CloudID" modular software platform that supports the rapid development and deployment of highly secure, yet flexible identity management solutions for the creation of credentials, including IDs, passports, driver's licenses, smart cards and access control credentials. IWS CloudID is designed to deliver a "future proof" identity management solution, allowing unlimited population sizes and stations, as well as adding additional biometric modalities and incorporating new biometric devices.
The company's IWS QuickApps" will provide the user interfaces to register
Good news, I suppose, as this is what the company wanted. Assume the "overhead" of warrants was an impediment to company achieving its growth objectives....