Tokman has already gone through Apple and Intel. Last year it was Pioneer and HUD, and this year it has been Fortune 100. What is going to be next years Pump phrase from MVIS?
White, the guy is a Rookie. He has info that he can deliver without revealing the names etc. Good CEO's know how to keep interest up and support the pps with PR's and Conference Calls. It's all about delivery. By the time he learns the trade, we may be out of business as we know it today. I know there is not money right now, but they need a good PR firm to handle what comes out of them. Someone who can speak the language would be perferred. Listen to the CC if you can, he is lost. No communication skills at all. Everyone knows a good CEO when you hear them speak about their companies, just listen to this guy once.
Price will be a buck or less. Tokman has no negotiating power. Don't know if he will get someone to take the shares at any price. Whoever he finds will short the daylights out of the shares and take it down like the rest. Each financing will get uglier and uglier. Anyone whose been down this road with other companies knows this. The only surprise here is Tokman's constant references to deals and names that never develop into anything. He should be held accountable. I noticed an email posted that said we were at 25 lumins and I had expected more by now. Don't know what the customers require and how far away we are from satisfying them. The CC said nothing and we don't even get token coverage any more. THe financings are becomming more and more frequent and will continue as there is no income and it won't appear any time soon. Instead of names we would recognize he simply says Fortune 100 and leaves investors to their imaginations. Will we get to do financings every 60 days for 2014? That is the unsettling question. He doesn't even know what to say any more.
Looking fine, if not today it will turn up later somewhere else.
By the way, if Wednesday works out for me it will be on the wings of BA. Last week it was a solid shot in the arm from INCY. I will wait for MVIS to wake up and toss Tokman. This is the only spec play in years that hasn't worked out so far. I guess you can't pick them all right every time. This one doesn't leave a good taste in my mouth, but I knew it was a risk from 2011 when I realized Tokman was lacking in ability and credibility. Who knows, I may get lucky yet.
HUD look like the low hanging fruit to me and I think it will turn up somewhere. Pioneer had and interesting and functional application of the tech, but it was an after market, do it yourself deal that had a very limited audience. I liked everything it was capable of doing and even though it was a proof of concept offering, I think it will turn up soon as an option with a big name. Don't know if Mini will be the first or not, but it would put a floor under this for awhile and allow the company some breathing room to sign another deal or two. Not wishing and hoping as I don't think Tokman has the ability to put a ;real deal together, but would certainly love to be surprised out of the blue some day. Right now I am concetrating on the Dubai Air Show where things are happening, making trading interesting.
Buying this at these low prices, why? They certainly have loaded up with free shares, but not one that I can find has put a dime into this recently. I think that is more telliing than all the Spaz reports this year. Wouldn't you think with the F-100 so close, just one of them would ante up a few bucks at this level, or are they waiting for something more likely?
Morning Video. See you're interested in Pharma. I have been lucky with INCY and it has taken the sting out of MVIS for me. It's a local company and I know folks there. Also watching the Dubai Air SHow this week too. Expecting some action there. So far this has been a great month witht he exception of Tokman. Good luck to all, long and short.