They state "in 2015" in two places (bottom of pg, 2, under manufacturing on pg. 5 ) in the 10K and "in late 2015" in a third.(top of page 8).
My math, using the 3 million/FCL is $750 Billion. I have no idea as to how realistic those numbers are though!
While ultimately it could give STI income from new investors in lieu of other means, I think the real purpose is to squeeze the current warrant holders. The warrant exercise price was renegotiated down to $2 because the warrant holders had STI by the gonads... STI had nowhere else to go and had to give in.
But from Kopp's latest filing we know that those millions of shares in that filing have an average share price $7.52 (2,291,244 shares cost $17,224103.05). ( I erred in an earlier calculation).
Kopp and his team are not dummies, they know that the shares they own will be further diluted and the profit potential significantly reduced and the warrants will be deeply underwater. In a sense this a problem of their own making.
Assuming that they believe that STI can accomplish it's near term goal, then If they exercise enough warrants, even though they are underwater so to speak, they will be getting shares for their money at $2.00 a share and will keep STI going. it could have two effects. One effect that is definite is that if they exercise 2milli0n warrants (= 2 million shares) STI will get proceeds of $4million. The price of those shares will reduce the average price/share of Kopp's holding to $4.95. a drop of $2.57 per share. Kopp will still retain some 6 Million plus warrants. The action IMO will reduce if not eliminate price pressure on STI's stock and could even provide a moderate boost because of the confidence it will show that Kopp has in STI. With the layoffs that STI has done, and capital equipment expense no longer a big draw, the proceeds from the warrant sales may be enough to get them well into the 4thQ. And that may all that they need.
Another paid basher (actually the same, just using a different alias) Mr bogusoutrageous. IMO When STI can declare the new production RCEW line as operational and operating at capacity, STI will not have any difficulty obtaining whatever financing they need.
They still haven't declared their new RCE production equipment as operational and producing at capacity as far as I know. I will have to read the transcript from today's call to see what was said. Until that is operational and operating at capacity it is unlikely that any orders will be announced.
Wow, this paid basher probably never graduated from high school. Good old "doublejerk" has been bashing for years spreading mis/disinformation about STI. In fact this alias of his ending in 7844 wasn't the original because that alias (ending in 7840) was removed by Yahoo for TOS violations. If you go back to his earliest posts you will see an admission of that, assuming he hasn't deleted it. Anyway, this cretin and his cohort dorkheadjo...21 are best put on ignore. They just clutter the board with their posts, many of which contain obscene references. If fact if you don't put them on ignore then at least report them for abuse using obscenity as the reason. Eventually Yahoo's abuse screeners from India will figure it out if enough do it.
Only idiots and morons would focus on STI's current revenues. It is not about the past it is about the future!
Wow what a rambling nonsensical lying post. Typical armwaving tactics of the fool making a lot of empty claims which he cannot prove or provide any REAL evidence that what he claims is correct. Just a liar and a fraud who attempts to deceive.
I think you need to do some more research.... your paranoid comment about warren06 being an alias of mine is totally invalid. Anybody with a modicum of common sense would realize that.
It is ironic that you use a post in which I honestly indicated that I adopted variants of other posters aliases to mock them, but made it clear that it was me by using the GET REAL statement to claim that I am dishonest. It is unfortunate that when Yahoo removed the ISO board, that most if not all, of those posts got deleted. In any event, I guess you are simply too stupid to see the irony in that.
Your paranoia attributes many IDs used here to me, but that's YOUR PARANOIA.. You can't imagine that others have the same or similar views about you as do I, but that's your STUPIDITY and IGNORANCE.
I post using the r2d2_n_c3po alias on this board and on every other board that I post on. I used the same alias on other message boards as well when I was actively posting on those. I haven't posted on other websites such as Raging Bull since 2003 or 2004.
an appropriate statement, especially as it applies to you.
"Have you no self-esteem, stop posting, you're an embarrassment to the human race."
You left a part of the word off... The proper word to characterize you is hypocritical especially since you like to quote extensively from my critical posts. You've done that several times recently.. and that's easy to prove.
Remember the old adage..."people who live in glass house shouldn't throw stones". LOL! LOL! LOL!
Ahhh but the UNMASKED IDIOT LYING TROLL, did not state he made those posts under that old ID.... and of course that outofdate (literally) post was made shortly after he joined the board. And under both of those ID's one of his favorite posts where either "spammer" or something about politics...which he apparently objects to any discussions. He must have voted for obummer! LOL! LOL! LOL!
The fact is that he made no such posts as he claimed., because you see he quoted my post and made his claim that I was just echoing his... NO SUCH THING and I have been making similar posts for over 11 years... and the UILT has been posting for around 5 years... if anybody is parroting anybody in any regard, then the ULIT is parroting me.. Must I really scroll through those old posts and positively prove the UILT to be a liar like we already know he is? Nahh it isn't worth my time ! LOL! LOL! LO!L
Bwaaahahaha ! A typo? I doubt it! That "typo" fits with your other fabrication of "several years"... And you still haven't indicated what I lied about. Alas my little dummypuppet you've proven nothing!
BTW You did exactly what I thought you would. You save up all your responses/posting until the wee hours of the morning... God you are so controllable!!! Jump and dance as I pull your strings! LOL! LO!L LOL!
Just to set the record straight:
Here's what the UILT said: "I see r2d2_n_c3po has started to come around to realization of what I've been telling this board for SEVERAL years."
For that to have been true the UILT would have had to make such a statement prior to March 2012. That's mighty difficult for him to have done considering he created that alias in July 2012.
Click on his alias and select "all" and this is what you will see at the top of the list
1648 posts | Last Activity: 11 hours ago
Member since: Jul 27, 2012"
Yep those boilerroom guys are just proven liars causing lying is all they do...I guess that makes the UILT king of the boilerroom! LOL! LOL! LOL!
The UILT is soo dumb he can't get anything right! LOL! LOL! LOL!
Hmmm so how many is several? Less than 2? And pray tell when did you every state anything like that? Please cite the post and the time and date of anything that even come close...that are in your own words
Several means more than 2 but less than many! (remember the definition I provide to educate you on proper English usage).
You sir are one big fat liar unless you can provide posts prior to March 2012. Put up or shut up ! LOL! LOL! LOL! And we do know that I have been critical of STI since 2003.... I think you were still in elementary school in 2003. LOL! LOL! LOL!
And what lie would that be? You've identified nothing in that post that I have stated...everything is what you have posted. And what's really funny??? Two things.
1) Your statements about STI financing and having to complete the cable demo project successfully are both wrong. Do you really believe that if SCON is able to get the RCE up producing 300-400 A/cm-w wire in kilometer lengths that they won't be able to sell all that they can produce? I will point out that STI keeps being able to obtain money. With Kopp's 17 Million investment do you really think that he will allow a dilutive financing to occur? LOL! LOL! LOL!
2) This statement "Note date posted is prior to March 2012." is false. The post you quote is Jan 2013.
Poor little UILT just can't get anything right!!!
I haven't heard from stockbozo in years. I saw that he went over to some other board as a cheerleader and then after a while that stock nose dived as well and he disappeared from there. In the meantime I have not had any problem finding playmates (e.g the UILT aka mask_ipx_spx, and Youthinklikeafool.) both of which are outrageous liars and of course the "fool" is a proven fraud... he has made many claims about himself, but his lies show that he isn't anything like what he claims to be. These characters are so easy to trip up and expose. Of course we still have sconroller, scondisciple and other new aliases from that individual/group but they are soooo obvious as to be harmless. The UILT is also so obvious to be harmless because I expose him at every opportunity. The "fool" is wordy and exhibits a pompous bombastic know-it-all attitude when in reality he knows very little...and understands even less!
Glad to see you back. As usual I don't make any recommendations about SCON and simply post the facts and my interpretations of events like I always have. The power industry is a conservative lot, especially considering the regulatory environment they have to work under. They are risk aversive and will move when risk is low to non-existent.
The only think positive that I will say, is that unlike their HTS filter business, the HTS wire business has real potential for STI...IF they can get this production RCE system up and running to capacity and specification. From what I have read, the market is looking for a low cost supplier of high quality HTS wire in volume. Assuming they get this line up, its capacity will only be a small drop in a pretty large bucket. Best to do your own DD and decide for yourself the risk/reward strategy, if any, that works for you.
All anybody has to do, is read your posts prior to the March 2013 r/s and then read those afterwards. One does not have to be a rocket scientist to know what happened to the UILT.
So I guess you are admitting that youare a boilerroom scamster...because you sure do tell many lies here!
As for me m\y little dummy puppet you have to prove that I have ever lied. You sure do claim it (more lies on your part,) but you NEVER OFFER ANY CONCRETE PROOF... ONLY ARMWAVING BULLDUNG. LOL! LOL! LOL! And then you lie some more!