Your keystrokes are being collected, analyzed and used for research on abnormal neurological behavior being conducted by a shadowy agency. Once they are done with their work your browser's performance should return to normal. It is very hard to tell how long it will take. They may quickly conclude that you are simply an idiot and a basher, or they may see something much deeper and more sinister. I hope they publish their findings on this message board so we can all better understand. If anyone receives notice of the study's findings, please post here for everyone. I've always felt we deserved an explanation for his/her deviant behavior patterns.
If there was a mechanism to steer the options to the deserving staff I'd be more inclined. But no trickle down nonsense. The Executives have enough options already. They need to make what they already have valuable.
My emotional side tells me to vote No, Absolutely No and Yes to auditors. Although they have probably lined up the votes to push through their proposals, there have been times in the past when they had to scramble for a quorum. It is impossible for me to tell how wired the vote is through their most favored brokerage firms, shareholders and the like.
You would think they'd have the corporate sophistication to throw us a bone right about now. Tomorrow would be the day (Tuesday, their favorite, the day before the 1st Q CC and right in the middle of voting material distribution). If there is no bone I'll allow my emotions to rule the day.
OK I have my blinders on. And now I see that hideous CC last month. Now explain that away.
No genuine investor can overlook that. Days later they issue 6.9 M new shares. Very, very close to the number of shares that are shorted. Rationalize all you want, but don't expect thinking people to be convinced. They've spent $500M and have a mediocre toy so far.
We all have plenty of reason to complain. You can go kiss up if you have a reason. I don't and I'm sick of his ineptitude (or worse, much worse). That CC was a world class train wreck that cost me money. EOD.
They'd just got through the 10-K on-going concern hoop and then they raise money. Odd. Very odd. Putrid odd.
My patience with AT is now officially spent. For years the task at hand was engineering and process intensive. In that context he got the benefit of the doubt. But that conference call was really that bad. And it wasn't the first, second or third bad one. It may be time to bring back Rick Rutkowski.
Am I #$%$ or what?
The honest correct truth was probably that it was just a script written by an admin that AT didn't think through. No one that has ever done a budget, forecast, business plan or anything of the like goes in and says we're going to ship our backlog and then go home for the year. It was either a plain screw up or a silly attempt at a bear-trap. Or maybe a brilliant bear-trap. Who knows with MVIS. I'm just tired of it. It is always some damn thing.
Absolutely agree. Total ineptitude.
I'm sure they've become aware of their screw up so in the Q1 CC we may hear something more insightful..
You ever hear this Jeff Foxworthy joke? You know you are a #$%$ if the value of your car depends mostly on how much gas is in your gas tank. AT should not have said what he said. Very poorly scripted statement. Where is Rutkowski when you need him?.
40-70%. I don't recall ever having seen such strange guidance. And after resisting to give any kind of guidance forever (which was understandable), AT poops out this nonsense. First of all it is a ridiculously wide range (at least in percentages), secondly it isn't really good news ($15M should be a handstand with $11M in backlog and $83k per month in deferred royalty revenue) and thirdly it says their manufacturing capacity and product demand has not grown. Utter nonsense. Looks like a stock option gaming strategy or a bear-trap.
The majority of the $8 software license. As I remember it, MVIS will earn $83k per month each month with the balance remaining deferred revenue.
Production issues (both the QA related delays and normal early version control) will depress revenue for one last quarter. Even so, revenue will double from Q3 and the quarterly loss will be small. Any kind of volume guidance will steer to break-even in 1H 2016 and profitability for 2016 overall. It will be obvious to anyone that tracks the company. But not many do.