I don't think they have a function any more, seems to me that Sony has total control now. No orders and no license agreements.....concerning. Has Sony taken over for the whole shebang and not depending on Tokman to freeze up production? I think that is one of the reasons for the pps right now in addition to the bad market sentiment now. I'm looking for April to give us a better look at the royalties, which I hope are over $1.50. Until then, I don't see much happening.
Well, as you know I don't hold them very high and haven't for several years. Hope I'm wrong as my money is on the tech and Sony. All we need is a decent royalty to make me happy and a lot of others. Proof that he is more competent than I give him credit for would go a long way. I have a lot of people in this on my DD and they hold more shares than I do. I hate being wrong.
What else can they do? This company will struggle to get over the magical $5 mark. Every up on good news will be immediately sold off. That is the business model that Tokman has created with no news or forward visibility for the company, and that should continue. This is going to be a grind. A new management team and a new approach to shareholders is in order.
Suppose they don't consider the tech ready quite yet. Exposure is what we need, but not quiet exposure. People have to see it working in the wild and get media attention. We all know it, but the folks doing the marketing are pretty low keyed right now. I guess as the tech improves they will get the financial gonads to start making noise. Right now it will be the little guys wanting to grab some market share before the giants decide to take control. The response I see in the pps tells me all I need to know right now. Looking for Tokman to have a good CC in April, not before.
Do you see better battery tech this year? That seems to be the one fly in the ointment I consider a major issue. All the other issues seem to be fading fast. Do you think MVIS is still supplying Sony with components or have they decided to do it themselves to make sure Tokman doesn't fall on his face again with production? No orders and no licensee announcements point toward Sony being all things Picop.
April should be the best window for understanding what the Sony deal means for MVIS shareholders. Not looking for much this next CC as revenue will not tell us much. If we don't see the numbers we are looking for in the royalty side the stock may go down. Nobody knows what Tokman's worth to us is yet. He either negotiated a good deal or Sony ate his lunch. April.
Microvisions success or the tech's success? I have no doubts on the tech. I have doubts in Tokman's ability to take MVIS to the promised land.
I like ice cream, a lot. MVIS has the best recipe on the market. Sony has the right to produce our ice cream for the next 8 years. Sony owns the biggest dairy on the planet. They can produce the ice cream for peanuts and do it better than I can. Who am I going to sell ice cream to? Who is going to come to me for ice cream when Sony can offer sprinkles and toppings at a cost I can't touch? I look at this as a business on a very simple basis. I try to reduce it so I can see it for what it might be without all the Tokman window dressings. The silence to me is deafening. We know too little about the ice cream business at this point. Not being a smart #$%$ here, just letting you know how I look at it. Until I see how much I am getting for my best recipe from Sony, I am very cautious but optimistic.