The tech wasn't ready, but you never would of heard that from Tokman. He was saying things like "no gating issues" and "shipping to the first of three OEM's" etc. and knew dam well that we were far from being a business. He led investors to believe we were on the edge of putting a product on the market. Never intimated it was a proof of concept that lost hundreds on each sale. He told us just enough to keep the money rolling in and that is why we sit at 2.65 today with major contracts in hand and a lack of investor trust. More knowledgeable investors saw what he was doing and sold and went on their way. The warnings were there but many stayed the course believing the tech would win the day eventually. Corning is the fall guy for him, but the buck stops at Tokman's desk, he should of seen it coming. He didn't know enough about the tech back then and it almost put us out of business.
This management team doesn't have the ability. Not hard to support shareholders and the company with a little effort. They never have, and probably never will.
Are you kidding me? This is the same guy that couldn't keep his mouth shut 6 years ago when he needed retail investors to pile in. He mentioned every name in the CE space and tried to link them to MVIS to prime the pump. You can't get him to do anything but smile now because he has survived. Still waiting since 2009 for the tech to sell and prove itself in the market place. I can't wait to see Picop in bricks and mortar, then I will know it is a success. Watching Tokman operate is painful for a lot of us.
If the company supported the shareholders they wouldn't have to do this dumb stuff. They are sitting on enough news and recent developments that a little creative PR would solve the problem of shorting. They are LAZY.
Yes, we all think that...year after year. We certainly are in the best position we have been in to date, but the script hasn't changed.. We all see the accomplishments and expect the next year to be soo much better. This year is the best so far for sure, but the script is the same. What we need is shareholder support from the company in order to increase the pps and it just doesn't happen. Tokman is satisfied to take his paycheck and his options and wait for the street to discover MVIS. I doubt we will even get to understand the revenue when he reports. It is dot connecting by the retail shareholders that is the basis for investment here and that is why the pps languishes. A little help from a good CEO would do wonders for this company.
Absolutely co3, UPS and Pioneer were celebrated as well. Tokman couldn't put those away so caution is the way to go with Sony as well. Their reluctance to keep investors informed is not from NDA restrictions.
Were any of them smiling? Smiling seems to be the big reveal here at MVIS. No money, no info on current royalties for us to make an intelligent investment decision, but smiles..... that's the key.
Agree. Time to give shareholders something to work with. We have invested using our own DD and faith in the tech. We longs have stayed the course with little from management to go on. We know who has beaten the paths for us and it is greatly appreciated, but management has a responsibility as well. A little effort on their part is due.