Good objective commentary, surrealskiller. I think Vuzix's connection with this Vista stock promoter is a negative for shareholders. A red flag for any experienced investor. I can tell who's been around the block with microcaps just by reading the posts on this board. It makes me sad in a way.
It's not 50/50. You neglected to mention the third option -- DHL opts to choose neither. They may delay a decision indefinitely. That is my guess.
Because if a deal was imminent, there would have been no need for the self-congratulatory PR they put out. I could be wrong, but I've seen this stuff a million times with other microcap companies. I hope this company is different, but I'm not holding my breath. Remember, they have an OTC pedigree. The rhetoric is ingrained.
Puppies, I don't know about the Ecuadorian post. Maybe Paul can cut a direct deal with some paperboys who would like an M100 to guide them hands free on their bicycle when delivering newspapers. Gotta start somewhere.
Last year their 10-K was late. They filed a form 12b-25 with the SEC on 3/31/14 (notification of late filing and 15 day extension), and then filed their 10-K on 4/9/14.
"...Would be nice to see a huge order from DHL."
Oh, enough with DHL already. It's not going to happen. Just put it behind you and move on. It pains me to see so many people hanging their hat on false hope. If it happens, it's like hitting the lottery. But only the crazies walk around all day obsessing about hitting the lottery. Just put the ticket in the draw (in this case the fluff PR) and just forget it.
They're in a bind. They can't stop making zippers completely because their trim business requires crossselling. Yet zipper margins are death. All the excess expense has been rooted out. Nothing left to cut. Trim/zipper symbiosis is a dance of death. The only value left in the company is the historic brand name "Talon", and the prospect of Tekfit stretch material. If the bank would allow it, they should get out of the Zipper/Trim business altogether and just make Talon shirt collars and waist bands and anything else that could benefit from stretch material.
Mickey, who would you like to see replace Lonnie? The new CFO maybe? That's how Lonnie got the CEO job after Forte bailed unexpectedly.
So I get 2 down votes for simply posting important updated numbers directly from the company's Roth presentation. You guys are pathetic. It's like you don't even care to keep track of your investment.
Vo2macs, you know darn well what Vista is all about. You're just sugar coating it to keep in the good graces of the pumpers here. So you have a brain, but you need to work a little on the integrity. Nice start though.
The reason stock didn't pop more today is because Vista is not a reputable outfit. If it were Goldman Sachs making the $12 call, the stock would be making new 52-week high today. The buying today is all retail money, trying to catch the P&D before it fades.
$12 price target, based on what? What are his revenue and EPS estimates? I think Vista is just like that RedChip outfit. A pump & dump boiler room for micro caps. There's a reason Mr. Ross Silver works for Vista and not Goldman Sachs. This could mark the relative top. Let's hope not.
Cane, I see today as a dead cat bounce off a fluf PR from a vested 2-bit analyst. I don't know what you guys are celebrating. The 50-dma is $6.34 and rising! This downtrend is still intact.
Wow. That's a big price tag. Is there any literature or PR that confirms this? I will check it out. Thanks.
See page 20 of Vuzix's Roth presentation.
As of Feb 27, 2015
Basic Common Shares - Outstanding Currently
Preferred Stock - Series A Convertible (Intel)
Average exercise price: $5.00
Convertible Debt (excludes accrued interest)
Average exercise price: $2.25
Warrants - Outstanding
Average exercise price: $2.49
Options - Outstanding
Average exercise price: $4.41
Fully Diluted Sharecount:
Current market cap:
EW replacement valve is $50K? Or is that the cost of the entire operation?
Ease off a while to give them hope and then we'll rip the scab off again. I'll meet you back at the boiler room for drinks. Nice work today.
Holy cow, today's' candle was a 5-day bearish engulfing stick!! Fully engulfed last five days entire trading range. That's about as bearish as it gets.