Is so big it scares me. Being in the wrong hands and watching it struggle like this for so many years disgusts me. Just thinking of how huge this could be keeps me here hoping for someone with creativity and leadership to show up. They are so comfortable with this situation they have the gall to ask shareholders for more shares for themselves based on the stock performance? They sure have a low opinion of retail shareholders.
I think you're right on Putt. Been saing that since the agreement was signed. And I think they will get it cheap and give Tokman a big position.
Amen wishin. Something Tokman is unable to do. Dependent on small companies that have little to no impact on the pps. With MVIS in silent mode for the past ten years it is up to revenue and guidance and you see where that got us. Capable management could do wonders with this tech.
That's always been my fear geo, selling it cheap. The company being satisfied to sit back and let the chips fall where they may sucks. No reason we shouldn't be up to $3 and the management team took it down to where we are now with terrible decisions. Can't see us staying independent with all those patents and the tech maturing, but Tokman is Tokman and he hasn't figured a way to get the word out to the street and investors. NDA's are killers in more ways than one.
It's a statement dsaur. Doesn't mean we are going to get recognized as angry holders unless nuff of us get on board, but they may see a pattern they don't like rising from the MVIS ashes. Good man.
They probably sell the company before the end of the day. Killing a gravy train like this would be the worst possible event in their greedy lives.
Maybe it's time we disappointed Tokman as a group of unsatisfied investors. Looking forward to what they come back with next week. He smiled, he laughed he winked, he passed gas, he rolled his eyes. And they will read any of that to be a big year ahead.
Why not tie up the tech, hold it down until the product matures, take it over for chump change before you turn your sales team loose. Why push a tech that you know is going to change soon. Your sales people are talking to customers they have under their wings and are finding out what they want. Doesn't have to be cancer cure to make tons of money for them. Apple is a monster and took away the music business from Sony and Sony lost the video tape game as well. All huge numbers and Sony's record isn't stellar.
If you ever have run a business co3 you would understand that we can not compete with Sony at any level. We, in effect, have sold the company to them for $8M. That is less than 100k a month for the next 8 years. Tokman is sending most all interested parties to Sony because they will get a better deal with them than they will with us. We are selling ice cream cones and had the best recipe on the planet, but sold it to Sony who owns the biggest ice cream factory on earth, get it. They have all the toppings, sprinkles, fudge, nuts, many different cones, and they make that stuff for nothing. We can't compete. We need a Foxconn who has the heft to take a big interest in LBS in order to widen our options. Having only one option, who isn't burning up the tapes puts us at a disadvantage. Two years into Sony and we still can't pay the bills, get it. Tokman is still dependent on retail shareholders and the never ending dilution train for his salary and perks. It will be a slow grind unless he gets another big, but the bigs will go to Sony for everything including sensors. It is a great deal for Sony.
Because they tied the tech up like big pharma does with new drugs with potential until they make money on their treatments and don't want to see a new competitor until they are ready to let it happen. Sony did the same thing. Do you see any big push by them yet? They are testing the market and will be slow to commit big money. I think the big deal for us will turn out to be Foxconn. That guy is a mover that is tired of being told by Apple and Samsung etc what they are going to pay for his production. He is the biggest fish in his space and is looking to make some moves as you can see by the Sharp deal and now the Nokia deal. I am looking at the lack of innovation and sales of smartphones sinking and I think he sees a huge opportunity he is not going to let pass by. I think he can take Tokman out of the picture and really make picop the property it could be. An mvis long holder still wishin' and a hopin' like the rest.
Jack, you've got to realize that many investors bought in on Tokman's bullspit a long time ago at much higher pps. They are so far under water that selling down here isn't going to get them enough to make a dent. They are holding because the tech is so compelling they think there is a good chance for a buyout or Tokman's eventual removal. The patents even have a chance of becoming worth a pretty penny when someone comes aboard and can sell the tech. He is just a pathetic salesman to our customers. He is good at selling the dream as he has for years. Here we are at $1.82, contract with one of the biggest names in CE, several small volume test products out there, a terrible guidance going forward, and he wants more bonus money. It's not going to be too much longer before he finally hangs himself with investors.
Don't think this guy has the ability to take it any further. All this time and we sit at 1.82, I think that is a record of some kind for a CEO with game changing tech like this. And he wants more shares for bonuses.