Wow! how embarrassing for you to not know what a patent is. Whatever you are being paid to bash this stock (penny a post) is way to much. You are clearly out of your league so go apply for a job, Somebody with your high IQ should be easily employed LOL.
OTIV has the right products, at the right place, at the right time for exponential growth. The UNO announcement could not happen at a better place than Las Vegas where cashless secure transactions are a winner. As far as buying stocks under 5.00 just let me say I had a wall st kind of year buying astc under 1.00 Otiv @ 1.60 and LMLP @ 2.00 and sold all between 3-4 dollars. Risk is mitigated if the company actually produces a product in demand and has a good mgmt. team with a good balance sheet. I am more than happy playing the fools game LOL
I would agree given PYDS forward guidance of 4th qtr record revenue. Given that the owners hold 65 million shares I would expect it would take a bid north of .40/share to make them sell. The company is also planing to get Nasdaq listed next year and when that exposure materializes it will move it over a dollar/share IMO.
Time to chew your leg off and run to your house of pain. The qtr forward guidance will be inspiring. As usual you are on the wrong side of this trade no surprise there.
You are prohibited from publicly making statements in an effort to try to drive the stock price down so that you can profit from this. It is viewed as market manipulation, which seems like an issue for the largest investors. However, since discussion boards dealing with investing have proliferated, even small investors are subject to scrutiny by regulators.
Actually he was saying it would go to 0 when it was 1.90 when I loaded the wagons. He is the village idiot so just put him on ignore or you'll have to listen to him all the way up. I'll bet he painted the tape today selling 100 shares @ 2.60. With the forward guidance tomorrow I would not be surprised if we pass 3.00 in short order.
Qtr results in line with expectations , forward guidance key here as 2015 setting up for great revs, and profit.
"However, given the timing of Apple's announcements, some of our customer purchase decisions were delayed, as they awaited the confirmation of industry rumors of Apple's adoption of NFC and then around uncertainties over compatibility with Apple (AAPL) Pay until it was officially launch in October. So, while the impact of Apple's adoption of NFC is extraordinarily favorable to our growth and profitability, its short-term impact requires us to adjust our expectations for fiscal 2014. Our outlook is now 10% revenue growth in 2014, with our expected crossover to positive adjusted EBITDA pushed to Q3 2015.
If you think that apple pay means INSTANT rev your expectations too high.If you comprehend what they are saying they are going to be fine as revs will increase going into 2015. I never had the expectation that they had shelves full of inventory to sell waiting for the apple launch as that would be stupid. If it sells off I will just by more because this is not a stock I want to flip for a few cents one way or the other.
To be sure, the stage is now set for a phenomenal 2015, as I cannot overestimate the overwhelmingly positive change in the cashless payment industry that has occurred since Apple introduced its NFC-based products and solutions. Industry analysts and several of our customers report that Apple's decision to use NFC to support Apple Pay was the final 'missing piece to the NFC puzzle.' Over the last few weeks, this has resulted in an unprecedented level of interest for our NFC readers and WAVE device, and we are already seeing an expanding sales pipeline in 2015.
per conference call (going on now)
Panic selling a company who has the right products, at the right place, at the right time is just foolish but you can't fix it.
Multibillion national corporations such as Visa, Master card, Amex have teams of people that perform due
diligence on small companies via Dunn and Bradstreet along with research and pro forma metrics. They would NOT waste their time or the companies money certifying products if there was the least amount of concern. This tells you everything you need to know. Bear and butt buddies are a paid boiler room bashers and after the conference call their short money is dead money.
OTI has received a $10 million payment for the sale of its SmartID division, with potential further payments of $12.5 million over the next three years, the company said in a statement.
to byloshi's point I would not discount Supercom as a potential suitor what better way to erase a 12.5 million payout then to just buy the company.
Cubic Integrates oti's WAVE NFC Device Into Its NextWave Mobile Mass Transit Platform.