Wish I could watch the presentation this morning but will have to wait until tonight to view it. I'm hoping we will get some new insights into the recently announced partnerships. Both are very promising. One topic I hope JM touches on is the progress with TWIC/TTAC. It's been laden with bureaucratic debate, delayed timelines, and questionable hardware as in the readers. There has been little information out on TWIC/TTAC for quite some time. As this venture will be (if all goes well) a serious recurring revenue generator for Widepoint, it would be nice to get an update on how things are going. Have a great day everyone!
Rtj, I have been invested in Widepoint for many years now, and over that course of time have become much more aware of how the company is positioned for profitability in the coming quarters. I do not hesitate in saying that I believe Widepoint will achieve impressive revenue growth beginning later this year and continue to accelerate on that theme throughout 2015. It's a very rare thing to see a companies offerings converge so beautifully with pent up demand for their product mix, and this is one of those rare instances. Widepoint is truly at the epicenter of expansive growth opportunities and will succeed or fail on managements approach to capitalizing on these phenomenal opportunities which only come along once in a lifetime if lucky. In a nutshell, we have a company with everything going for it right now. The responsibility going forward falls on the conductor of this orchestra to create an Ode to Joy for all interested parties. I am most certainly listening. Have a great day Rtj, and of course, go Widepoint!
After the offering is concluded we will have approximately 75 to 77 million shares outstanding (depending on an issuance for over allotment. In addition to that, we will have approx. 10 million dollars in hand to do the good work with. We have been waiting for this issuance to come to pass and it has. Next comes a meaningful acquisition. The timing of the Roth conference couldn't be better in my opinion. We have so much to be excited about. It's just going to take a little more time. The second half of this year will be the true turning point. Once revenues begin to accelerate coupled with a huge market screaming for Widepoint's services, there will be no stopping this train. Go Widepoint!
Very odd; I posted a response earlier and it acknowledged my name in the post but did not actually load the post. Very strange. Anyway, I am having a wonderful snow filled weekend. Lots of the fluffy stuff out here in Western Washington. It's going be quite an adventure for us long die hard investors in Widepoint this coming year. I'm strapped in for the ride. Be well Hawk, and thanks for your continued insights with Widepoint.
I'm not a technical expert nor claim to be, but my take is that the chart expresses a potential sharp spike upwards. Not in the direction you indicate. I'm fully allocated in Widepoint with a sizable position. Obviously I'm bias to an upward move, but this is how I see things setting up. Best of luck to you as I strongly feel that a new day is dawning for Widepoint and it's shareholders. Go Widepoint!
Good Morning Hawk,
Thank you for clarifying. I would like to share with the board that my personal feeling about the shelf is that folks are spending far too much time concerning themselves about the issuance of shares/warrants and the potential for dilution. Jim McCubbin has addressed this in a prior conference call where he said in so many words that if they are to acquire anyone they will be smart about it and it will add to revenue generation in a meaningful. I realize these are just words but I happen to believe them. Have a great day everyone.
Good Evening Hawk,
I am curious as to where you are now standing in regards to Widepoint being acquired. You have voiced optimism towards this happening in the past but your latest post seems more supportive of the company continuing on it's own (as in "it will take a few more quarters"). Just curious. Thank you for continuing to be a part of this board Hawk. I do so appreciate your input. Have a good evening.
Good Morning HeadHunter,
The interesting thing to note about Business Channel Partnerships is that Gartner Group does not speak highly of the efficiency/effectiveness of this course of mining new business. I myself have no personal experience with business channeling arrangements and it looks promising on the surface to me. I'm simply sharing with the board what I read in one of the Magic Quadrant releases. My guess is that Widepoint will be releasing more of these business channel partnership agreements as PR, but expect little in the way of share price movement from such. The proof will be in the pudding so to speak later in the year/2015 by way of proven revenue generation through the new channels. At this point, we appear to have two potential developments in 2014. #1. Widepoint is acquired by a larger player. #2. Revenues continue to grow. Either way you slice it, it's all good, but as always with this company, patience is pivotal. Thanks for taking my post and here's to great 2014. Go Widepoint!
Let's just say that it's reasonable to conclude that Widepoint will have no difficulty finding an interested party to purchase the company; if they are ready to proceed with that plan of action. The stars are aligning. Nice to hear from you Ejor.
Good day Lopop,
I would like to thank you for all of your valuable input on this board Lopo, and I for one will truly miss your posts. Wherever you may roam, may good fortune smile upon you. My wish is that you will still add some commentary from time to time but I respect your need to move on. The years keep ticking by and I am honestly astonished that Widepoint still trades at 1.50 at this point in time. Be well.
We've had a tremendous run of late. Along with that, we have tremendous opportunities ahead for Widepoint. At this point it should be clear to all concerned that Widepoint management knows how to run this company and strategize/capitalize on opportunities in the government sector, and now the commercial sector. As JM said in the Nobel presentation, this is still a story stock, but I say, this too shall pass. 2013 was the year to lay down a plan of attack; 2014 is the year to go deep. My sincere wish is that our company is not acquired this year and has the opportunity run on it's own steam for a while. Good luck everyone and go Widepoint!
Jim was very confident, and by the applause it sounded like a well attended event. Looking forward to hearing about future relationships with device and chip manufacturers. Yes, this may be a story stock right now; but oh what a story it has to tell. Go Widepoint!
Good Evening Rafter,
Thank you for the well wishes. I am planning on a nice weekend, and may you do the same. Weather is not going to be kind so it looks like a good time to hunker down indoors with the family. I do want to reiterate my enthusiasm for our company and it's prospects going forward. It's major league excitement at it best; at least in the world of small cap investing. Outside of aliens invading from another dimension, I highly doubt there is anything out there that will stop Widepoints advance this coming year. Booyah Rafter! Booyah!
optimism than ever. Widepoint has everything going for it at present:
a. Product mix
c. Product demand
d. Credit line to implement
e. Increasing margins
f. Barriers to entry
g. Expanding business channels
And the list goes on. Sidoti will bring some much needed light to the arena of understanding as to what 2014 has in store for Widepoint. Something tells me it's going to be extremely difficult for Jim McCubbin to squeeze in all the details in the 30 minutes allotted for his presentation. Can't wait to hear the excitement in his voice. These people have worked tirelessly over the years to bring us where we are today. I am proud to be a Widepoint shareholder. Go get em' on Monday Jim!
I can say that Jim McCubbin has stated in prior conference calls when asked about potential dilution that they would go to the bank for funding and would not issue more shares. Has the story changed; that I cannot answer. Lopop has been beating the secondary drum for some time and he may very well be right. I would say the JM has proven to me over the years that he is a man of his word and runs a very tight financial ship. The need to raise funds is expected and should be embraced. Widepoint is going to raise some serious eyebrows this year. Sidoti and Noble will be most revealing. It really comes down to whether one believes and trusts in Widepoint managements ability to make the best decisions in order to thrust itself into the limelight of growth and profitability. My sense is that things are going to be happening/evolving at a brisk pace this year. As Hawk has suggested, turn off the noise and focus on what matters; that being progress. Good luck everyone and of course, go Widepoint!