Energous Corp. (WATT)

[realfast95]

looks like an updated version of the wireless charger coming

2ADNG-NF330
2019-07-29 WIRELESS CHARGER
Original Equipment
2ADNG-NF230
2018-04-09 WIRELESS CHARGER
Original Equipment

[investorcg]

THoughts on the last post, Derk?

[realfast95]

The Stock Sniper
@Ultra_Calls
$WATT Long 4.15 — Granted FCC Approval for Wireless Charger
FCC ID 2ADNG-NF330
Equipment: WIRELESS CHARGER

https://twitter.com/Ultra_Calls/status/1155878041295425537

https://fccid.io/2ADNG-NF330

[makingitnow]

looked good today on low volume

[Stock_Barber]

WATT sure isn't looking very good here...

[Stock_Barber]

A good read...

"Recent findings, such as the $30 million 2018 U.S. National Toxicology Program (NTP) Study, have corroborated the findings of all well-designed heart and brain cancer studies of people with 10 or more years’ exposure to cellular radiation from cell towers and cell phones. They all agree: RF radiation causes cancer."

"Ronald Melnick, the designer of the NTP study, says that the study “shows clear evidence of a causal link between cancer and exposure to wireless cell phone signals.” He adds that “An important lesson that should be learned from the NTP studies is that we can no longer assume that any current or future wireless technology, including 5G, is safe without adequate testing.”[5] Meanwhile, 231 scientists from 42 nations have signed the 5G Appeal, which urgently calls for a moratorium on the technology. Steps are being taken to slow the deployment of 5G in Italy, Belgium, Israel, Switzerland, and The Netherlands, and in the states of California, New Hampshire, Massachusetts, and Oregon."


https://www.zerohedge.com/news/2019-05-04/5g-worth-risks

[VestedEarly]

Exactly, “buy on weakness”.

This is getting worked down to the lowest possible exit point for their short positions so that they can turn around and buy up everything.

I’m not mad at them. I’ll take my interest on half and have the rest ready to go at the bottom.

Loving the comments on here today!

[investorcg]

The last analysts to the party are the one's that get killed because there are no other people left to buy.

The first ones on a stock are not selling when the worm turns (ie, some of the lesser known MJ stocks)

[Stock_Barber]

"Analysts would be fined and banned by SEC etc if they did what you are inferring."

ROFL! There would be no analysts left if that were the case!

So when a stock is at or near a top and every analyst and his dog have a "strong buy" issued, and then it collapses and then they all pile on to downgrade it... their firms all lost money? On the contrary!

Firms sell into strength and buy on weakness!

Does anyone really still believe that analysts' firms are actually doing what they are recommending others do? They are stating what they WANT OTHERS TO DO!

Upgrades/dpwngrades are a contrarian indicator!

[investorcg]

Exactly my point.

Analysts would be fined and banned by SEC etc if they did what you are inferring.

What I can say, is they could be preloading before their recommendations....but if they sell into it, they would be in big big trouble.

[Stock_Barber]

Analysts don't follow the penny world...

[investorcg]

That's in the penny world. Not the big boys, c'mon.

[Stock_Barber]

Analysts upgrade when they are selling to find buyers!

And they downgrade to cause selling when they are buyers...

[investorcg]

Chart is definitely a falling knife. But this is based on uncertainty and shorting. People know there are no interim short term saviors that can save this in the near future.

The stock did get an upgrade today, so they obviously believe.

[Stock_Barber]

There will be no approvals for their at-a-distance power transmission... PERIOD!

The FCC is VERY CLEAR on this...

The PRs are VERY misleading to non-technical people!

Fortunately, those on Wall Street that follow these companies understand less about technology than a goldfish...

The stock's collapse is telling investors all they need to know!

$30+ to sub-$5 and falling...

[derkampfer]

Agreed.

[investorcg]

Many thanks.

Looks like this will be a bumpy ride until approvals. Long term buy.

[derkampfer]

Investor. Suggest you listen to the conf call transcript (should be available on Seeking Aloha soon) if you missed the call live. No change from what I’ve been mentioning. Regulatory approval in Asia is hurdle that’s in process. Not if but when story. Confirmed with management after call.

Unfortunately there’s no visibility on Apple NDA and when it’s over. They can’t say. That said it was confirmed their Chinese phone manufacturer (vivo) relationship is strong and suggest looking into that company and announcement. Considering phone product cycle wouldn’t expect them in that phone until 2020.

Hearable products coming to market sooner but much smaller chip volume.

Read Dialog comments from last conf call. They stated “thousand of Energous chips in 2019. Millions of units in 2020”. Would not expect meaningful revenue until 2020. Dialog has very high level of credibility.

Energous had only $66K in revs in Q1. $50K from engineering services and $16K from chips. Guessing only 8,000 chips sold in Q1. ($2/ chip set per earlier calls)

Do some DD on Vivo Global and phone volume it sells. Even though Not prevalent in US, are in Europe, Mid East, India. Millions of units a Q. In my opinion this is the “millions of units” Dialog reference. And Dialog referenced multiple companies they’re in discussion with like it. Vivo is only one of four I believe Dialog mentioned in terms of engagements. Again, read their last CC transcript.

Point being this is not only an Apple or Samsung or Sony story.

Adoption has been a challenge. Five years to bring a product to market. CEO credibility shot but best they can do now is perform and quiet the nay sayers by delivering. Nothing else matters at this point. 65 employees. Most RF engineers.

Personally believe stock price is low range bound until regulatory approval in Asia. Heavily shorted and shorts have a lot of resources to manipulate price. I’m holding through the storm. I’ve seen the tech and it works and is better than Qi contact with possibility of over-air charging. Paradigm shift.

Just taking more time than CEO believed. Met him on number of occasions. Not a malicious guy, just overly optimistic because they thought Apple could help but cannot cut corners with regulatory regardless of partner.

Latter I’d just my opinion.

Holding and lending my shares to shorts for 18% dividend until price breaks out. Not bad for doing nothing. About $1000/ month.

Hang in there and hope it helped.

Good luck to you.

[Stock_Barber]

Looks like the 8K was a dud!

Zero sales...

AH dumpathon!

[investorcg]

Der, thanks so much for your reply. You obviously have done serious DD on this company.

What is your timeframe as to when and if approvals can be received and Apple handcuffs come off?

[derkampfer]

Everyone is entitled to their own opinion.

Good luck to you.

[Stock_Barber]

No one gives a shit about Watt's NearField... pad technology is superior at that point!

Contact based power transmission is already a reality and WATT adds nothing!

Watt's high market cap / company valuation was based on charging over-the-air at a distance... which is effectively dead!

[derkampfer]

Actual in person demonstrations on Mid and Far. Seen both. At HQ on different occasions. Latest was shareholder meeting last year.

FCC approval of NearField. NearField directly competes with Qi. But better in terms of ability to pair/position. More flexible than Qi. No heat with foreign object detection like Qi. GNaN NearField higher power than Qi too. All contact based. Not over air.

Heat killed Qi and AirPower. Apple cancelled program. Couldn’t get it to work.

Hurdles for WattUp NearField are adoption into already Qi dominated consumer space.

Ecosystem is WattUp’s greatest advantage

NearField is contact based power transmission. How can that be“unsafe?” Is plugging in your phone into a wall outlet unsafe?

Don’t be fooled. Yes. Company has hurdles but safety is not it. Regulatory in Asia and Apple NDA.

[Stock_Barber]

The technology to transmit the energy across the room is dead... stillborn!

[derkampfer]

These quotes don’t prove anything. Blog nonsense aimed to scare uneducated.

So what are 72 employees (most RF engineers) working on? That all working on one big lavish hoax?

Why did Dialog invest millions in them and are actively partnered. Read latest Dialog conf call transcript for status of chip delivery.

Why did Apple and another top T1 partner with them?

As I’ve said at the beginning of this thread. Regulatory approvals in China, Japan and South Korea and the tight NDA with Apple are the two biggest roadblocks for product launches.

[investorcg]

This quote does not prove FCC denied them anything, its commentary. Let's see the proof.

But I am not looking forward to the CC tomorrow which I will assume will say products delayed yet again.

[Stock_Barber]

Yup!

Charging a phone while walking around a room is a pipe dream. Enthusiasts and investors should look at the technology’s realistic usability and limitations before buying into the hype.

The only ways to overcome the dissipation of power would be to increase the strength or focus the direction of the transmitted field. On the one hand, increasing power levels could present severe detrimental human effects and on the other, focusing the direction of the signal would limit the freedom of movement while concentrating the energy to unsafe levels in the focused areas. Due to these safety concerns, the FCC has determined what it considers a safe amount of long term exposure and limited the amount of power that can be transmitted. As long as biological humans are the end-users of the technology, this physical limitation will make this technology impractical.

Today’s devices require a substantial amount of power to charge. Typical devices’ ideal charging rates are measured in watts, not milliwatts (1,000 of a watt). For instance, Apple and Samsung phones charge at 5 to 12 watts, thus a milliwatt signal cannot maintain a charge on today’s phones or other electronic devices. Mathematically, for Energous to charge a phone, it would need to be turned off, stationary and positioned very close to the transmitter before any charging would occur. Other than an interesting concept to discuss around the water cooler, it’s just not practical.

https://www.twice.com/blog/big-problems-with-power-at-a-distance-energous


WATT is headed for zero, like many other "failed concept" companies...

The sooner one realizes that, the more of one's investment that can be saved!

[investorcg]

Has their application been denied by FCC for longer distances? Is there any FCC documents denying their longer distance charge tech as unsafe?

[Stock_Barber]

"What proof do you have that the technology actually works"

Oh, it works, it just can't be commercialized because of that pesky "safety thing"...

To make it safe, the power level has to be so low as to render it useless!

[investorcg]

Interesting post. What proof do you have that the technology actually works since no product is in market yet.

Side note, did you see Samsung phone that charges other phone wirelessly?

I am afraid after cc this week and explaining more delays in ANY product launch sends this even lower.

[DCon18]

So between the potential dangers and the difficulty in getting global regulatory approval, how does that fit in with the existing narrative between Energous-Apple-Dialog?

Energous claims to be working with a "top-tier" partner

Dialog makes investment into Energous for $25 million

Apple partners with Dialog on power management initiative for $600 million over 3 year time frame

Is that all smoke and mirrors?

[Stock_Barber]

The FACTS are not opinions...

Science doesn't lie!

WATT's technology failed.

Best to take what remains and find a company with a chance...

[derkampfer]

Everyone is entitled to their own opinion.

Good luck to you.

[Stock_Barber]

That is a HUGE oversimplification!

Their ONLY sale is for a hearing aid startup which is effectively using it as a charging pad!

The FCC approval for WattUp technology is for contact-based charging capabilities ONLY...

And it was approved at 900 MHz at a 1 Watt transmitted output! Counting losses that "might" be enough to charge your phone in 10 to 20 hours!

Note:the Qi standard is around 5 Watts, with a high power version at 15 Watts

The WattUp charging technology is a fail, and it can't be scaled up from here.

WATT has admitted to the FCC that its technology generates RF energy densities that are unsafe for humans!

The share price destruction represents investors waking up to the facts here!

Investing in technology requires technical knowledge...

[derkampfer]

Bathed in RF energy like having a WiFi router in your home or holding a cell phone to your ear?

Who would do such a thing?

Oh. That’s right. Everyone.

[derkampfer]

Nope. Safe. Lower emissions than WiFi router or a cell phone. And more versatile and effective than Qi.

FCC approved the tech in 2017

How did you not know that?

[Stock_Barber]

Those are the company's excuses... the reality is that their tech just doesn't cut it in the marketplace!

The limits for safe long term exposure to RF energy exposure of human beings is not really known!

We have health conscious consumers who know better than to function as guinea pigs!

Do you think Starbucks store visits would increase or decrease if customers understood that they are being bathed in RF energy?

[derkampfer]

This is all about regulatory approvals in China, SK and Japan now. Without these it inhibits product launch.

It’s not about the tech. The tech works. It’s about regulatory approvals. Primarily.

Plus there is language in the agreement with Apple which is hurting their ability to get product out with other companies. They thought Partnering with Apple would propel them, which it may have internally some way (US and European regulatory and Patents), but it’s certainly hurt their ability to launch product with other companies before Apple. And my opinion is without regulatory approvals from those key other countries Apple is apprehensive.

Puts the breaks on the whole thing until
1. They get regulatory approvals in those key countries OR

2. The term limits of the Agreement with Apple expire

Both are unknowns to investors and how many times have you heard the statement “the Market doesn’t like uncertainty”?

[Stock_Barber]

What can they do?

Their technology doesn't cut it...

[joro44]

This is looking pretty dismal and management doing nothing to change that perception.

[VestedEarly]

Could the shorts shake the tree a little harder on Monday please, loving these cheap shares! The pr about the lawsuit was cute. Consolidation will continue, but something big is definitely happening, IMO.

[investorcg]

Ahhhhhh, Dialog and WATT have serious connections and partnership. This could get good.

[VestedEarly]

Between this, COO news, and Dialog news; I think something is up.

https://www.accesswire.com/541284/dialog-semiconductor-announces-closing-of-strategic-partnership-and-technology-licensing-deal-with-apple-closing-conditions-met-ahead-of-schedule-including-state-administration-for-market-regulation-samr-china-and-other-regulatory-approvals

China regulatory approvals mentioned here could help us on our path to approvals. That’s the only thing holding us back right now IMO.

[investorcg]

Anyone think the new BOard member gives credibility to the technology? Not even a post!!!

[investorcg]

This is an all or none type of bet............... Fifty or zero.

[Stock_Barber]

If AAPL couldn't make it viable, WATT has no chance!

[investorcg]

Now that Apple wireless charging tech flopped, can WATT technology prove successful?

[investorcg]

Anyone with knowledge here?

Comment on this??!?!?

https://www.cnet.com/news/apples-airpower-charging-mat-is-officially-dead/

[investorcg]

Recent submission or last year?

This stock goes to either 50 or zero. I see no inbetween. The tech is either bogus or legit.

[whytestocks]

News: $WATT Energous Corporation Announces the Appointment of Cesar Johnston to Chief Operating Officer and Executive Vice President of Engineering

Johnston adds operational responsibilities to engineering leadership role SAN JOSE, CA / ACCESSWIRE / March 29, 2019 / Energous Corporation (NASDAQ: WATT), the developer of WattUp, a revolutionary wireless charging 2.0 technology, today announced the appointment of Cesar Johnston ...

Read the whole news https://marketwirenews.com/news-releases/energous-corporation-announces-the-appointment-of-cesar-johnston-to-chief-operating-officer-and-executive-vice-president-of-engineering-7911810.html