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Reinstated FL SOS. Why cant all my shells hold .05 with a OS like this???? Somethings up for this to have a PPS like this.
11,582 shares of trading brought the price from .43 to .05
today evai.ob became evai.pk
with currently around 25 million shares outstanding and priced at .43 per share
READ: Elva just won a major contract with a worldwide manufacturer in Europe.
http://www.elva.fr/v2/authentication_solutions/en/smart_card/press/news.php
The application is enabling the network distribution of the company to register on line sales transactions by automatically generating the warrant programme attached to them. It is solving the issues faced with the old process based on a coupon involving several steps and avoiding the one time completion of the transaction.
The critical aspect of the quick tracking of the potential claim and the instantaneous identification of the person issuing it is provided by the Vocalid® smart card which is bringing the authentication.
The time saving, the accuracy of the transaction and the generation of the useful data recorded for the statistics are offering a very valuable tool for the tracking and the cost efficiency of the programme.
The pilot project is due to be running by mid of June 2006, and the first volume production of 20,000 smart cards will be delivered in September. The basic 2007 forecast is at the level of 100,000 smart cards and worth several hundred thousands of euros.
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Teqtel a specialist of VoIP solutions becomes a distributor of Elva SA one of the leaders of high security level acoustic authentication solutions based on their patented VocalID® technology.
Elva is expanding it’s distribution networks in France and in Europe and actively looking for new distributors.
.10 to .05 on 100 shares traded, a couple of week ago, i believe evai went from .05 to .10 on 10,000 shares traded
take a look at this partnership w/a giant french company:
http://www.elva.fr/v2/authentication_solutions/en/smart_card/partners/partners.php
great information, thank you. Yes, it might take 5-10 years for this to take off, but I think there are several applications where this technology would be ex-treme-ly handy. example: a person is rushed to a hospital, they check the persons allergies, insurance, etc. all in seconds as opposed to several minutes
also, it shows on elva's website, that if a card is stolen, elva has the ability to shutdown the use of this card, as these cards are actually authenticated on elva's servers
Hey Pug—saw your post on another board for this
I’ve been a mechanic repairing machines that make credit cards for over 10 years. I’m no expert on smart cards by any means, so I’ll post what little I know and I’ll see what else I can find out.
Smart cards caught on in places like Asia because they lacked the communications that we have here in the US. When we swipe a magstripe here in the US it is authenticated through phone lines. In parts of Asia this was not possible. With the combination of the chip on the card and the chip reader it could authenticate on site.
In a place where they don’t have the infrastructure we do the consumer benefited, the place where the card was used benefited, and a company like Visa benefited. Here in the US things are different. The consumer may have a little more piece of mind with the smartcard. The store gets the same amount of money, except they have the expense of adding smart card readers, or in the case of this company (EVAI) adding a phone or microphone. Visa gets the same amount of money. And who eats the cost of producing the smart card? The card itself cost’s around $3 to make compared to around $.50 for a regular magstripe card.
I’ve heard it would cost around 20 billion to change the current magstripe readers over to smart card readers across the US. The big question is does it make sense?
Smart cards are capable of holding a signature or fingerprint. Does the average consumer want to risk losing a card with this kind of stuff on it?
I think the main purpose of EVAI is for the internet. For that is does somewhat make sense. But, I have to wonder does the average consumer want a separate card just for shopping online?
To be honest, I’m not sure smart cards will ever become main stream here in the US. It just doesn’t make sense with all the cost involved. Of course for my industry I would like to see it. There is talk of stuff like fingerprint or eye scanners, but than comes a problem with the huge amount of data it would be.
Given the low cost of the stock it may be worth the risk to invest a little in it. But, I believe payday would be a long ways away. I’m kind of thinking there is another small company (one we both know about—concerns ab471) that could take us to the bank in the next few months.
volume of 26,500 has brought down the pps from .02 to .01
26,500*.02 equals $530 of trading brings the market cap down 293K
6,104 shares traded, did not effect the price????? after the price was effected by way less volume the other times?
6104 times an ask of .05 (even though the price was at .02)
would be $305 or 6,104 shares times .02 (bid) = $122 traded
You might want to look at key statistics and income statement, I am impressed with the future demand for this product as well...I hope to get some smart card wizards on this board to talk about this stock.
http://finance.yahoo.com/q?s=evai.ob
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