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⚡ $SKVY
— $OTC Trader$ (@sm_sm001) August 24, 2021
💲 0.0014
📍 Pink No Information
✅ Verified profile added
🤵 Officers changed
❌ President, CEO
✅ President, Secretary
name: Peter L. Murdoch
🤵 Directors added
✅ Robert D. Furst, Director
📝 BusinessDesc added
✅ Manufacture and install traveling CCTV systems
Why is this going up?
Another pop today. Looking for info on this now
More than a SPAC - its an opportunity and a market to gain.
Don't think of SKVY as a retail big box market security focus. Its more about warehouse security and manufacturing center security as well as institutional facility market (schools of all sizes and types).
Obviously "retail" is a changed environment - now look at all the "large box" retailer situations that have big warehousing in the back of the store or regional warehouses.
Like who? Costco, Fleet Farm, Super Value and Kroger, Lowe's/Menards/Walmart/Cabelas,Dicks etc. etc. etc.. SKVY's advantage is its patents and moving camera track system.
So how could this stock benefit some entity as part of a bigger plan ?
We all hear about S.P.A.C. situations - a public company that could merge with a private company. I'm involved with another stock doing just that - going from 2 cents a share 3 months ago - to now 50 cents a share BEFORE the merger announcement and then going up from there.
a SPAC is not a magic trick or infinite answer - if done properly - its a convenience to a larger private company - that saves them huge on doing an IPO uncertainty - AND - it allows the private company to have far better control of the newly founded entity combination. But even more importantly - it allows a private company to get the benefit of "public" - but get the patents and technology that Video Sentry plus Murdoch's company he originally had and also SKVY's - and that part is there but "hidden from view".
1. So a private entity gets Control in an uncertain world of going public,
2. Gains patents and technology that can broaded the private company's access, market, etc..
3. Adds another building block to acquire other private companies.
4. Controlled pace of a private company going public and doesn't need to be fraught with confusion and anxiety and "poor fits" of plans and new learning or questionable leadership/management risk. So many SPAC efforts aren't done well - but when they are (like the one I own stock in) - they are a thing to behold.
Because I'm seeing 1st hand on another stock - an elegantly done example of how a really good SPAC can be done - I'm seeing how the private company and public company's shareholders/owners will come out very well. AND - long term shareholders will stay when it happens - again stock structure and CONTROL iw maintained by the private company - while keeping the public shareholders all involved and prospering too.
So many said I was crazy to hold a 1 or 2 penny stock - and are flabbergasted just 3 or 4 months later before the merger is even announced.
P.S. I''e owned SKVY since it was Video Sentry. I've made suggestions to management in the past about market opportunities - but as yet - they haven't taken any of them - and the opportunities are bigger and more lucrative than what we're doing now - yet our technology would qwork well for those ideas.
JMHO
RONKONKOMA, NEW YORK, UNITED STATES, March 2, 2021 /EINPresswire.com/ -- Sentry Technology Corporation
Contact:
Peter L. Murdoch President & CEO (631) 739-2000
Sentry Technology Corporation (OTC Markets: SKVY) announced today recently adopted final amendments to the Exchange Act Rule 15c2-11 requiring various filings and disclosures by June 30, 2021 will impact future trading in the Company’s shares. The Company has determined it will not meet the new filing requirements. Consequently, the Company’s shares will no longer be available for public trading after the June 30, 2021 SEC deadline.
Sentry Technology Corporation designs, manufactures, sells and installs Closed Circuit Television (CCTV) solutions. Our CCTV product line features VideoRailway™ and SmartTrack™, a proprietary, traveling camera technology. More information can be found at www.sentrytechnology.com.
https://www.wicz.com/story/43435357/announcement-regarding-sec-rule-change
With retail being dead, this is more of a reverse acquisition target for a company that wants to go public then it is as an on going concern....
Interesting company... would love to see some updates and contracts again.
$SKVY
It is ever quiet being a shareholder of skvy. It's hard to believe that Video Sentry the original name of what eventually became skvy was a stock normally traded in the $7.50 price range and located out of Minneapolis MN.
At this stage. . If we got back to what Murdoch bought some of his earlier stock at of 13 cents. . . We'd be glad. He would be too I'd imagine as his company he owned merged with this too and then all the stock he kept buying over time.
Verified Profile. New email pmurdoch@sentrytechnology.com trying to find what is up. also phone number update to 631-739-2121
Got in at 38 this morning but no information, looks like insider buys IMHO
SKVY. Moving. On watch
Anyone home? something is going on here.
What's Happening here? 38% Today. Sleepy Giant?
You noticed those videos were uploaded just few months ago?
https://www.youtube.com/channel/UCaWJZrpPIdd1ApyXS7aJghw/videos
they sold that division years ago...nice try trying to unload your bags
And a lot more. Look at the other website http://sentrycustom.com/index.html
Andrews University
Arizona State University
Art Gallery of Ontario
Aurora Public Library
Ball State University
Boston Public Schools
Brock University
Brooklyn Public Library
Brownsville Public Library
Burlington Public Library
Calgary District School Board
Calgary Public Library
City of Ottawa Archives
Columbia University
Community College of Southern Nevada
Concordia University (Montréal)
Dalhousie University
Dallas Public Library
Dartmouth College
Fort Erie Public Library
Greater Victoria Public Library
Gordon-Conwell Theological Seminary
Halifax Regional Library
Harlingen Public Library
Harris County Public Library
Harvard University
Hernando Public Library
Indiana University
Laurel County Public Library
Library of Congress
Library of Congress Law Library
Liverpool Public Library
Manatee Community College
McGill University
Memorial University of Newfoundland
Miami University
National University of Health Sciences Library
New York Board of Education
New York Public Library
New York University
Niagara Falls Public Library
Omaha Public Library
Orange County Public Library
Ottawa Public Library
Porter County Public Library System
Sonoma County Library
Sonoma State University
Supreme Court of Canada
The National Library of Medicine
Toronto District School Board
Toronto Public Library
Trent University
University of Alberta
University of British Columbia
University of Nebraska
University of New Brunswick
University of Notre Dame
University of Toronto
University of Western Ontario
Valley Forge Christian College
Vancouver Public Library
Welland Public Library
York University
http://sentrycustom.com/library_customers.html
SKVY~~2 NEW WEBSITES JUST UP,SOMETING HUGE COMING
http://www.sentrytechnology.com/index.html
http://sentrycustom.com/index.html
SKVY~~PRODUCT VIDEOS~~WOW~~
http://www.sentrytechnology.com/videos.html
SKVY~~CUSTOMERS~~WOW~~~
Canadian Tire
Coop
Food Lion
GAP
Grand Market
K-Mart
Kohl's
Marsh Supermarket
Metro
Mills Fleet Farm
Navarro Pharmacy
Navy Exchange
Neiman Marcus
Polo Ralph Lauren
Roundy’s
TJ Maxx
http://www.sentrytechnology.com/customers.html
SKVY~~Sentry Technology Corporation (Sentry) designs, manufactures, markets and services a complete line of CCTV, Library patron self-service and RFID solutions as well as EAS security systems. The CCTV product line includes the VideoRailway and the SentryVision SmartTrack traveling CCTV systems. OperationVideo, a Software-As-A-Service business solution is designed to manage online safety, security, product audits and operational procedure compliance in retail stores. The Company leading manufacture of traveling, robotic CCTV systems, Sentry services customers on four continents. The Company’s customers include library, government, data centers and commercial customers all relying on inventive, customer focused security solutions. The Company’s products include Traveling CCTV, Library Solutions, OperationalVideo, EAS / BookStores, and CCTV.
Any idea as to when the new website might be up ?
new website coming soon . loading a starter here boys! and girls http://prnt.sc/en3q5l
Verified company profile on OTCM a month ago after it went dark in 2015 because of restructuring.
RONKONKOMA, NY / ACCESSWIRE / February 4, 2015 / Sentry Technology Corporation (OTC Pink: SKVY) (SKVY), today announced a major restructuring of its business.
The company completed the first stage of an agreement to sell the manufacturing and marketing rights for its traveling camera technology in Europe and Asia. The purchaser is a French company operating under the name SentryWay. It is expected the transaction will be finalized on April 30, 2015. Proceeds from the $1.1 million sale are being used to repay bank debt and Sentry's secured debt obligation to Brookfield Technology Fund. Additional annual payments may be received by Sentry Technology during the first three years of the agreement at the rate of 20% of SentryWay's annual traveling CCTV sales above the company's Europe/Asia revenue for the year 2013. Based on anticipated SentryWay sales, management believes annual payments by SentryWay will make a substantial contribution to Sentry's future profits.
As part of the restructuring plan, Sentry's library security business was sold to Sentry Funding Partnership for $1 million. The sale price was based on an evaluation of Sentry's library operations by Corporate Valuation Services. The sale will reduce secured debt owing to Sentry Funding Partnership. In addition, substantial debt restructuring agreements have been signed with the company's largest unsecured creditors. Approximately $2.5 million in unsecured debt has been settled in exchange for the payment of $100,000 in cash and the issuance of 10,000,000 Sentry common shares. To date, a total of $4.4 million of debt has been eliminated as a result of the restructuring including $2M owed to Custom Security Industries, a majority owned subsidiary.
During the first quarter of 2015, Sentry is implementing a cloud based ERP accounting system. In addition, annual expenses will be significantly reduced by exiting the company's European distribution center and reducing operating costs and rental space at the headquarters in Long Island, NY.
"The reported transactions mark a significant change in our company's current and future business operations," said Peter L. Murdoch, President and CEO or Sentry Technology. "We believe that by dramatically improving our balance sheet, reducing expenses and focusing sales efforts on our new VideoRailway(TM), HD/IP traveling camera technology, Sentry will generate an operating profit during 2015."
"VideoRailway(TM) is now installed and performing well in leading U.S., Canadian and South African retailers. The high quality HD image improves the effectiveness of OperationalVideo(TM), our online platform for managing retail operations, merchandising compliance and security. While selling the CCTV technology in Europe and our library business will reduce total revenue, the company is better positioned to take advantage of the significant opportunity in the fast growing digital, networked video market."
Sentry Technology Corporation designs, manufactures, sells and installs Closed Circuit Television (CCTV) solutions. Our CCTV product line features VideoRailway(TM) and SmartTrack(TM), a proprietary, traveling camera technology. Our OperationalVideo(TM), OVportal(TM) software application assists retailers with on-line management of safety and security, merchandising audits and employee procedure compliance. More information can be found at www.sentrytechnology.com.
This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission filings.
CONTACT:
Peter L. Murdoch
President & CEO
(631) 739-2000
SOURCE: Sentry Technology Corporation
Looking to buy some here!! 0.008 for 5,000.000!! Any sellers??
Armani is right,this stock needs news!!But when??
Looks like she's getting ready for liftoff.Breakout to multi year highs!!
have they cleaned the books gone profitable yet?
any news lately
yep still in long SKVY NICE NEWS TODAY!!!!!
NEWS Today
This company will eventually pay off IMO ....
Sentry Technology Releases Video Application
Accesswire
46 minutes ago
????
RONKONKOMA, NY / ACCESSWIRE / October 13, 2015 / Sentry Technology Corporation (OTC Pink: SKVY) (SKVY), today announced the release of VR Pilot(TM), a software application that allows the connection of the company's VideoRailway(TM), IP, high definition, traveling camera system to any Network Video Recorder (NVR).
IP video using NVR's and Video Management Software (VMS) has become the standard for most new systems installed by retailers to manage security and operations. As the market develops there are a host of NVR and software suppliers vying for market dominance. Once a customer has chosen its NVR/VMS combination, all additional video products must connect seamlessly with the network to view and record images.
VR Pilot(TM) manages VideoRailway(TM) functionality including lateral travel of the camera carriage. Images stream to the NVR via RTSP protocol, the standard for IP video networks. By developing our own application, we eliminate the need to create custom interfaces for every NVR device. This reduces cost and increases the speed of implementation.
"VideoRailway(TM) has now been installed in a growing number of North America's largest retailers," said Peter L. Murdoch, President and CEO of Sentry Technology. "Five major, long standing customers using SmartTrack(TM), our analog traveling camera system, have installed VideoRailway(TM) to take advantage of IP network connectivity and HD images. VR Pilot(TM) simplifies the installation process and ensures functionality with all major network video recorders offered in the market."
Hey king koopa you still in.Have not heard anything from the company in a while. They are long overdue for an update.Anyone hear anything?
looks like they're focusing on their restructuring now ... last filing = August 2014, PR about eliminating $4.4 million in debt and becoming profitable this year = February 2015. So now we just wait.... long term outlook looks very good.....safe long term investment.. I always love having a few of those tucked into my portfolio
when is next earnings
it might be, but much longer term.... reducing debt significantly and planning to turn a profit this year will help. One of those safe ones I like to buy and hold forever :)
knowing your in, its a 10 bagger
LOTS OF ACCUMULATION......http://stockcharts.com/h-sc/ui?s=SKVY&p=D&b=5&g=0&id=p22726090765
intro page = complete !
hey man, just looking thru older posts here - I was thinking u would find this company interesting and there u were, in it in 2013! I just made a new intro page check it out.... really liking the long term investment outlook/opportunity here
i'm a mod!! new IHUB board intro page coming soon.... maybe this weekend !
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RONKONKOMA, New York, February 4, 2015 -- Sentry Technology Corporation (OTC
Markets: SKVY) today announced a major restructuring of its business.
The company completed the first stage of an agreement to sell the manufacturing and marketing
rights for its traveling camera technology in Europe and Asia. The purchaser is a French company
operating under the name SentryWay. It is expected the transaction will be finalized on April 30, 2015.
Proceeds from the $1.1 million sale are being used to repay bank debt and Sentry's secured debt
obligation to Brookfield Technology Fund. Additional annual payments may be received by Sentry
Technology during the first three years of the agreement at the rate of 20% of SentryWay's annual
traveling CCTV sales above the company's Europe/Asia revenue for the year 2013. Based on anticipated
SentryWay sales, management believes annual payments by SentryWay will make a substantial
contribution to Sentry's future profits.
As part of the restructuring plan, Sentry's library security business was sold to Sentry Funding
Partnership for $1 million. The sale price was based on an evaluation of Sentry's library operations by
Corporate Valuation Services. The sale will reduce secured debt owing to Sentry Funding Partnership. In
addition, substantial debt restructuring agreements have been signed with the company's largest
unsecured creditors. Approximately $2.5 million in unsecured debt has been settled in exchange for the
payment of $100,000 in cash and the issuance of 10,000,000 Sentry common shares. To date, a total of
$4.4 million of debt has been eliminated as a result of the restructuring including $2M owed to Custom
Security Industries, a majority owned subsidiary.
During the first quarter of 2015, Sentry is implementing a cloud based ERP accounting system.
In addition, annual expenses will be significantly reduced by exiting the company's European distribution
center and reducing operating costs and rental space at the headquarters in Long Island, NY.
"The reported transactions mark a significant change in our company's current and future
business operations," said Peter L. Murdoch, President and CEO or Sentry Technology. "We believe that
by dramatically improving our balance sheet, reducing expenses and focusing sales efforts on our new
VideoRailway™, HD/IP traveling camera technology, Sentry will generate an operating profit during
2015."
"VideoRailway™ is now installed and performing well in leading U.S., Canadian and South
African retailers. The high quality HD image improves the effectiveness of OperationalVideo™, our
online platform for managing retail operations, merchandising compliance and security. While selling the
CCTV technology in Europe and our library business will reduce total revenue, the company is better
positioned to take advantage of the significant opportunity in the fast growing digital, networked video
market."
Sentry Technology Corporation designs, manufactures, sells and installs Closed Circuit
Television (CCTV) solutions. Our CCTV product line features VideoRailway™ and SmartTrack™, a
proprietary, traveling camera technology. Our OperationalVideo™, OVportal™ software application
assists retailers with on-line management of safety and security, merchandising audits and employee
procedure compliance. More information can be found at www.sentrytechnology.com.
Corporate Headquarters
Sentry Technology Corporation
1881 Lakeland Avenue
Ronkonkoma, NY 11779
Toll-free: 1 (800) 645-4224
Tel: (631) 739-2000
Fax: (631) 739-2124
e-mail: sentry@sentrytechnology.com
Sales Office
Sentry Technology Canada
17 Ruggles Avenue, Unit #6
Thornhill, Ontario L3T 3S4
Toll-free: 1 (800) 461-2803
Tel: (416) 674-4788
Fax: (416) 674-5075
e-mail: sales@sentrytechnology.com
Customer Service
1881 Lakeland Avenue
Ronkonkoma, NY 11779
Toll-free: 1 (800) 645-7217
Tel: (631) 739-2000 x2
Fax: (631) 739-2124
Web Site: http://www.sentrytechnology.com
SHARE STRUCTURE INFORMATION:
(% Held by Insiders:====================54.18%)
% Held by Institutions4:==================0.10%
Common stock, $0.001 par value;
Authorized=========================300,000,000 Shares as of March 2015
Issued and outstanding==============206,405,000 as of March 2014
PeterL. Murdoch | Our President and Chief Executive Officer since January 8, 2001. Mr. Murdoch has extensive experience in the retail security industry as well as in the sales of technology-based products. He was Managing Director of ID Security Systems Canada, Inc. since its inception in 1987. Beginning in 1997 he has served as member of the management committee of Dialoc ID. Prior to joining ID Security Systems Canada, Inc., Mr. Murdoch was Vice President of Sales for Catalyst International Business Systems. He is an economics graduate from the University of Western Ontario. |
Joan E. Miller | Our Vice President - Finance since January 1, 2007, Ms. Miller is responsible for all accounting functions and financial reporting. Prior to that, Ms. Miller was the Vice President - Controller of Sentry since July 2000, the Controller of Knogo North America Inc. since December 1986 and Assistant Controller for Knogo Corporation since November 1980. Prior to joining Sentry, Ms. Miller worked for Harman Kardon Inc. as Assistant Controller from June 1976 to November 1980 and as Cost Accounting Manager from December 1975 to June 1976. Ms. Miller is a graduate from Hofstra University and is a Certified Public Accountant. |
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