ZAGG saw the potential in HzO initially and acquired majority rights to our WaterBlock technology back in 2009. By August 2011, HzO raised equity capital, established its own board of directors and executive management, and launched to operate autonomously. Today, ZAGG remains a significant shareholder in HzO and supporter of HzO’s future endeavors.
This is Zagg's Hidden Gem that even the Motley Fool hasn't acknowledged. Some time this year a phone will release using waterblock technology and then investors will hunt down HzOInside's ownership and discover that Zagg has hidden potential.
The BrightStar press gives me hope that waterblock technology will release this year. Of course, if the CEO never talks about it then the public will nvr know that they own a lot of it. The tech was shown at this year's CES so the CEO here shouldn't have issues talking about it. It is certainly part of what shareholders are now paying for and therefore worthy of discussion.
Cash at the end of the last quarter was $46.3 million and the company still had no debt, hundreds of patents (nearly 700), several licenses and a few grants (helping to pay for continued research)… The current price is near book for the cash alone; giving zero or little value to the rest. It would be nice to see them trade at a premium again, but this company doesn’t really deserve a premium until they can either A) begin manufacturing their own product or B) sell significant quantities of existing products. The products that they announced at the end of Q4 could turn out to be their big sellers, but I’m not expecting much unless we see several press announcements (similar yet grander than the announcement about Ball Horticulture on April 23 of 2012).
Hey iSoundStupid, first you lie about Metabolix announcing an earnings date and suddenly changing it, now you are lying again about events that lead up to earnings.
Metabolix has their last 100 press releases shown on their website and if there’s anything constant in the days and weeks leading up to earnings it is that they “occasionally” announce that they will be talking at someone’s investors conference.
You keep making up things while claiming that you only have good intent and that you have no vested interest here.
If you wanted to be honest then you’d tell everyone here that you are short against Metabolix and that you like to make up things to mess with retail investors. I’m not saying that there’s not plenty to dislike about M's track record, but your recent lies smell of desperation. Keep lying and that desperation will eventually get you in trouble; I’m sure you can sufficiently scare a few retail investors without making up things.