This is the technology that will take this stock from zero to hero, BUT only if management figures out that they need to protect their interest in HzO and participates in all future financing (if any is needed). Zagg's 22% ownership of HzO is truly the Brightstar of their entire product line (and they are even sellers of that product). Someday soon it will allow for waterproof computers, waterproof cameras (that look and work exactly like current cameras but with the super high price take for water protection)... Car engines, plane engines, medical equipment and lots of stock will use nano tech to keep sensitive equipment safe from water... The military will have hundreds of new, lighter, waterproof tech to work with... The HzO technology is a Brightstar and it holds enormous potential for Zagg shareholders as long at management holds tight and waits for HzO to go public. I believe then they should issue shares to Zagg shareholders in the form of a special dividend but if they decide to hold it could be worth several times the current market cap of Zagg so regardless shareholders should do well... Unless management does something stupid, like selling Zagg shares back to Zagg... If that happens, I'll glad join anyone here in the next lawsuit against Zagg.
If they had taken a small percentage of that $7.51 and used it to put additional funds in HzO then shareholders here would have a lot more to look forward to. I'm pretty angry about the way they let their position fall in the last six months. Short sighted individuals should not be running companies.
Anyone who would let their investment in HzO fall from near 40% to near 20% is incompetent. The screen protector gig is nearing the end of its expected life cycle but the waterblock technology is just on the verge of taking off and when it does it will go well beyond cell phones and enter hundreds of markets that hales' tiny little mind has never considered... Be glad that the former CEO loaded up on HzO shares but be sad, very sad, that hales had done nothing to protect that interest ;..(
ilo, cashmoa and frog… It is time to take your diapers off and put your money where your mouth is. There’s plenty of demand at $1.62 and you seem to think they are fools. Go ahead, make their day, sell them all enough shares to satisfy their foolish desires. If you don’t have them then please go ahead and short them. Cries and lies aren’t going to make this stock go down. The intellectual property and cash on hand should keep them alive for at least another year. If you think otherwise you should start shorting the heck out of the stock. Go for it!