There will be no sales of anything for another couple of years. There are 100 million shares authorized and the vast majority of those will be outstanding before any sales materialize.
Of course you did dear! We all believe you. No, honestly we do. Benjin can put all these shiny new shares in a box with all the share Benjin bought at $2.20.
Ah, bless. Your Mommy must be Sooooooo proud of her little Soldier!
Really Cletus? You're spending all that Brian power talking about typos? Dear me!!! How about you put that massive Brian of yours to work and do a little math for us. How much, in total, has your Microvision investment cost you? Now how much is it worth today? Now take the second number away from the first number and tell us just how big a loser you are?
is that the last time the stock was at its $1.11 all time low in May 2012 it touched that and rebounded to close that day over $1.20. Now it has blown through that all time low and stayed at the low.
Microvision did nothing to help by releasing that ridiculous PR on Friday saying they had nothing in the pipeline and were desperately building samples trying to drum up a little interest. Looked at this critically that PR, like the PR's released just before the RS, could be seen to be sabotage. Why they would put out such blatantly destructive PR's when the stock is under such pressure defies logic. The ONLY conclusion is that they are TRYING to force the share price lower to guarantee noncompliance. Just as they did in December 2011 in the run up to the RS.
Be careful Oz. I think that if it slips below $1 it will go a lot lower. There doesn't seem to be anything on the horizon to act as a catalyst for a move higher. They REALLY need a little good news, actual news. Without that it is difficult to see anything happening on the upside before CES in January. They already seem to have written that off with the PR last week and if there really is nothing that comes out of CES there is absolutely nothing to prop this up ahead of a sizable dilution, or worse at the end of January.
Day 30 was last Friday. They will have the letter either today or tomorrow. Today is Day 1 of 180 leading to delisting. From where it currently is the stock needs to gain 52% in order to regain compliance and stay there for 30 consecutive days.
Well I guess the question "Will Cletus continue to be hysterical?" has been answered.
Breath in......breath out, Cletus and stop worrying. Spending your retirement as a greeter at Wal-Mart won't be so bad!
To the long suffering pom-pom wavers? Will there be a new all time low? Will there be another dilution? (After which a new all time low will be painted)? Or will the Fed rally the markets and we see Microvision climb back to a Buck Thirty? Will Cletus continue to be hysterical? Will Stewart continue to bash the company and management?
So many things to look forward to!!!!!
Well, there we have it. Yet another milestone in the sad and sorry history of Microvision. Yet ANOTHER de-listing warning letter from Nasdaq will be speeding it's way to Redmond. And all the schlubs at Microvision can do is to put out a PR that indicates that the company is actually TWO YEARS BEHIND where even the most pessimistic amongst us thought they were.
These fools actually thought it was a good idea to put out a PR saying that they had done a few focus groups to see if anyone was interested in PicoP technology and that they had cobbled together a few demo products to show what the technology could do?!?!?!?!? And they, and the pom-pom wavers wonder why the shares are trading at 14 cents each? It beggars belief!!!! They were supposed to be where they are now at least two years ago.
Tokman the criminal has now brought his son in to the company so the Tokman family can syphon off money even quicker. Stewart is becoming a basher and Cletus has descended in to utter madness. This death by a thousand cuts is hilarious to watch. Microvision would stand more chance if Kim Jong Un replaced Tokman.
Hey there Jak-off-Da-Nife, you're another one of those pom-pom waving losers I was talking about. Not a single correct call, despite years of trying and reality pulling your pants down, bending you over and giving you a jolly good Rogering every three months.
Not to worry though young lady, you and Cletus can tell each other how wonderful it is to lose money constantly. To use one of Cletuse's favorite sayings, what a hump.
Oh dear Cletus, your delusion goes even deeper than I suspected. If you honestly believe that anyone posting on a Yahoo message board affects the share price of a stock you have a way too high sense of your own opinion.
Those you call "Bashers" are simply reacting to what is obvious and what can be proven. Microvision as a company and Tokman in particular, is responsible for the decline in the share price and it is they who have put Microvision's very existence in jeopardy. No one is "attempting to harm the employees and owners" other than the management of Microvision. If you believe anything other than that you are massively delusional.
In short, those you call "Bashers" have been right all along. While you and the other Pom-Pom wavers have been wrong on every single call. Massively wrong and it has cost you a fortune. Even the head pom-pom waver, Stewart, is saying how ridiculous the company and management is.
But I don't mind you letting off steam. I get it. You have lost anything you ever invested in this company. There is no rocket ship. Tokman never lit em up. You have always been wrong.
Hey Oz, I do think it's worth a trade. I always think it's worth a trade. I just bought a few thousand shares on this uptick. There has clearly been some selling pressure on the stock this week and they took it pretty low. I think it could rebound back to the $1.30 range and it's worth a few shares as a trade. But when I bought my shares I put stop losses in place back at $1.11. I don't mind losing a few hundred dollars if it comes to that but if it breaks below $1 it could go way below that level.
The stock is in a hole right now. It needs a 30-40% increase to get it back in compliance and my guess is that there are players out there that will, eventually, get it back there. So it could make a nice profitable trade from here. The key will be CES and any business they get from that or if a significant company were to mention PicoP. Then it would pop.
I see nothing on the horizon at this time though and it's speculation. They clearly need some sort of announcement BEFORE the next dilution. If they dilute down here I see nothing but pink sheets in their future which would, in all likelihood, signal the end of the road. The next two months are critical for Microvision.
You're getting more desperate by the day, Cletus. You have lost what little sense of humor you had and now you are just angrily lashing out at anyone you can. Even your buddy Stewart is calling the names and bemoaning the fact that 15 years on they are still sending out concept products.
There there Cletus. Turns out I was right all along. That alone must frost your nether region to no end! yak, yak, yak!!
What's this Stewart? Dissention in the ranks?!?!? Getting cheesed off with the amount of money you have blown?
It seems to be a requirement to be totally divorced from reality and rational thought. Old Cletus has never once actually written anything that addresses Microvision's situation. Regardless of what one perceives that situation to be. Every post he has ever made is made up of the same dozen or so words and indicate nothing other than his desire to call other childish, playground names. I doubt he even understands what the situation is.
Ya need to take a chill pill there Cletus, my boy! Yelling "Loathsome" on every post is going to send your blood pressure through the roof. I'm sorry you have lost so much on your, errrrm, "investment" in Microvision, but look at it this way. If you had kept your money under the mattress Lurlene would have had that shiny new double wide by now and would spend all day watching Oprah and eating Bob-Bons. She'd be 500 pounds rather than the svelte Three Hundred and Fiddy pounder she is now.
Pop another case of Pabst Blue Ribbon and give Stewart a call. You can tell each other how wonderful the Tokster is and how happy you are to get slipped a length once a quarter!!