OMVS - On The Move Systems
May 22, 2017
17,656,844 Shares Outstanding
A low $580K market cap!
Trading at a ridiculous .033!!!!
An under the radar gem that very few have yet to discover...
OMVS's first acquisition is Robotic Assistance Devices (RAD)!!
100% Ownership of a company that has projected an 8M EBITDA for 2018!
"The AI Software segment will grow from $1.4 billion in 2016 to $59.8 billion by 2025."
May 11, 2017 - OMVS Enters into Binding Agreement with Robotic Assistance Devices
Henderson, Nevada--(Newsfile Corp. - May 11, 2017) - On the Move Systems (OTC Pink: OMVS) is pleased to announce that it has entered into a binding letter of intent with Robotic Assistance Devices (RAD - www.roboticassistancedevices.com
) to acquire 100% of RAD. According to the binding LOI, RAD and OMVS will enter into a definitive agreement within the next 90 days to consummate the acquisition. "This acquisition is expected to generate significant value for OMVS," said Garett Parsons, President and CEO of OMVS, "RAD has tremendous growth opportunity, has a growing backlog of over one million dollars in orders and has garnered significant interest among the Fortune 500 community."
RAD is specialized in the delivery of artificial intelligence and robotic solutions for operational, security and monitoring needs. RAD is initially targeting the security industry, which uses electronic systems, and approximately 1.1 million security guards in the US. The RAD robot security guard solution combines the best of both solutions to provide superior security at a price that delivers to its clients an immediate ROI.
RAD's robotic unit is a fully autonomous unmanned ground vehicle that can perform 80% of the tasks of a human security guard at less than half the cost. It incorporates advanced intelligence to augment traditional patrolling services by detecting humans and vehicles while initiating the standard operating procedures much like a human security guard. It operates up to 12 hours without recharging and continuously patrols in any weather environment, including rain, snow, gusty wind and temperatures ranging from -10° F to 125° F. The security robot incorporates automatic obstacle avoidance sensors, two-way audio, panic button and on-board 360 degree video surveillance to create situational awareness much greater than any other type of solution. It integrates with leading video management solutions and supports other business systems for special equipment, sensor integration and advanced software development. Data is also captured and stored in the cloud for long-term data and video retention.
RAD currently has a sales pipeline of over 50 Fortune 500 companies and over 25 qualified dealers and distributors that have a combined customer base of more than 35,000 end user corporations.
NOTE: On May 3rd, OMVS established two new classes of Preferred Shares that will be used for the acquisition... http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=BPmFe0KC28ctSK64MwIQ%252bQ%253d%253d&CorpName=ON+THE+MOVE+SYSTEMS+CORP.
May 15, 2017 - RAD Robotic Assistance Devices Appoints Vice President of Sales
LAGUNA HILLS, Calif., May 15, 2017 /PRNewswire/ -- Robotic Assistance Devices (RAD), an innovator in artificial intelligence and robotics, announced today it has named Matt Klock as Vice President of Sales for its U.S.-based operations. Klock is responsible for the development and execution of RAD's business development strategies and will provide skilled sales leadership for RAD's solutions and growing sales team.
Klock will be instrumental in achieving RAD's strategic sales initiatives with a primary focus on creating and maintaining a superior customer experience.
Klock brings a wealth of experience to his role with RAD, spanning client relationship development with a concentrated focus on customer satisfaction. Klock joins RAD from Securitas Security Services USA, where he worked out of San Diego, overseeing operations and customer service initiatives for multiple locations. Klock has also worked for Kratos/HBE and served as District Manager for AlliedBarton Security, as well as Project Manager, working directly with The Walt Disney Studios in Burbank, Calif. He is currently the Chapter Chairman for ASIS San Diego and is an Infraguard Infrastructure Liaison Officer.
"Joining Robotic Assistance Devices will undoubtedly be a career highlight for me," Klock said. "I'm excited to have a position where I can share the benefits of robotic security with industrial security enterprise organizations. I'm convinced RAD's technology and commitment to customer satisfaction will allow RAD to continue to grow in this new industry."
"Matt is an amazing professional and we are thrilled to add him as a leader to our team," said Steve Reinharz, CEO, RAD. "His knowledge of the industry makes him uniquely qualified to spearhead RAD's sales and business development initiatives moving forward."
Robotic Assistance Devices (RAD) is an innovator in the delivery of artificial intelligence and robotic solutions for operational, security and monitoring needs. Founded in 2017, RAD is a privately funded, high-tech startup and is an exclusive partner of SMP Robotics. RAD is founded on the belief that next-generation robots can help organizations streamline operations, increase ROI and strengthen business. RAD robotics technology improves the simplicity and economics of patrolling and guard services, allowing experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. RAD robotic solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education and healthcare. To learn more, visit www.roboticassistancedevices.com or follow us on Twitter @RADbotsecurity.
Compass Integrated Communications for Robotic Assistance Devices
May 10, 2017 - RAD Robotic Assistance Devices Plans For Growth
Garett Parsons, CEO of On The Move Systems (OMVS) stated in a press release from April 20th that the company was in advanced discussions with RAD for a potential strategic transaction. In a subsequent press release dated April 25th, Mr. Parsons communicated that the company had already generated 1M in rental revenue contracts and that the company is projected to reach 8M EBITDA for the year 2018. Based on comments and information referenced from PRs and the RAD company website, it looks as though approximately 60 security units over the course of a year equates to 1M in revenue, 600 units would therefore be 10M in revenue and around 2000 units in service across the markeplace would be the approximate number required to meet the 8M EBITDA projection. The company just started aggressively contracting this year, so the initial 1M was realized somewhere in the first 60-90 days! Multiple trade show events have taken place recently and RAD has plans to grow the business exponentially throughout Canada and the US. The liklihood of the company pulling this off are favorable as they've stated multiple times, "RAD currently has a sales pipeline of over 50 Fortune 500 companies and over 25 qualified dealers and distributors that have a combined customer base of more than 35,000 end user corporations."
RAD has projected 8M EBITDA for 2018. What does an eight million dollar EBITDA look like with only 17.6M shares outstanding? Take a look at the 30M - 50M range in the chart below…
|Company ||S&P P/S ||S&P P/E ||Shares ||PPS Value || ||PPS Value |
|Size ||Average ||Average ||Outstanding ||Based on P/S || ||Based on P/E* |
|$1,000,000 ||2.08 ||26.56 ||17,656,844 ||$0.12 ||- ||$0.30 |
|$2,000,000 ||2.08 ||26.56 ||17,656,844 ||$0.24 ||- ||$0.60 |
|$3,000,000 ||2.08 ||26.56 ||17,656,844 ||$0.35 ||- ||$0.90 |
|$4,000,000 ||2.08 ||26.56 ||17,656,844 ||$0.47 ||- ||$1.20 |
|$5,000,000 ||2.08 ||26.56 ||17,656,844 ||$0.59 ||- ||$1.50 |
|$6,000,000 ||2.08 ||26.56 ||17,656,844 ||$0.71 ||- ||$1.81 |
|$7,000,000 ||2.08 ||26.56 ||17,656,844 ||$0.82 ||- ||$2.11 |
|$8,000,000 ||2.08 ||26.56 ||17,656,844 ||$0.94 ||- ||$2.41 |
|$9,000,000 ||2.08 ||26.56 ||17,656,844 ||$1.06 ||- ||$2.71 |
|$10,000,000 ||2.08 ||26.56 ||17,656,844 ||$1.18 ||- ||$3.01 |
|$15,000,000 ||2.08 ||26.56 ||17,656,844 ||$1.77 ||- ||$4.51 |
|$20,000,000 ||2.08 ||26.56 ||17,656,844 ||$2.36 ||- ||$6.02 |
|$25,000,000 ||2.08 ||26.56 ||17,656,844 ||$2.95 ||- ||$7.52 |
|$30,000,000 ||2.08 ||26.56 ||17,656,844 ||$3.53 ||- ||$9.03 |
|$35,000,000 ||2.08 ||26.56 ||17,656,844 ||$4.12 ||- ||$10.53 |
|$40,000,000 ||2.08 ||26.56 ||17,656,844 ||$4.71 ||- ||$12.03 |
|$45,000,000 ||2.08 ||26.56 ||17,656,844 ||$5.30 ||- ||$13.54 |
|$50,000,000 ||2.08 ||26.56 ||17,656,844 ||$5.89 ||- ||$15.04 |
* Based on 20% Profits
Background of Mr. Garett Parsons: With over 10 year of financial consulting for both private and public equity markets, Mr. Parsons has much experience in the field of asset valuation, funding structures and public release document generation. His education includes a Bachelor of Arts in Political Science/Economics from California State University, Sacremento, and Associate of Arts in Liberal Studies/Business from San Joaquin Delta College and West Hills College, Stockton/Coalinga Ca.