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Probably adjusted for all the reverse splits. They hand em out like Halloween Candy.
Now things are making sense. Ferrari Challenge European and North American events restart in July
Maranello | 29 May 2020
Due to the Covid-19 situation, Ferrari plans to resume track activities from July with events held behind closed doors.
Ferrari Challenge Europe. The European series has reformulated its calendar to maintain the same number of races as originally planned. The season will open in Imola, where the brand new 488 Challenge Evos will take to the track at the Enzo and Dino Ferrari circuit over the weekend of 4-5 July. The Ferrari Challenge will then move to Barcelona in Spain, where rounds 3 and 4 will be held two weeks later. Portimao in Portugal will host Round 3 on 1 and 2 August, ahead of the Ferrari Racing Days at Mugello from the 28th to the 30th. After that it’s the turn of the Ferrari Racing Days at Spa-Francorchamps, from 11 to 13 September. The return to Italy, at the Misano Adriatico circuit on 26 and 27 September, will be the last outing before the Finali Mondiali in Abu Dhabi from 4 to 7 November.
A special protocol will be used to ensure the safety of everyone involved. All events will take place behind closed doors, including for the press. The organisers are continuing to work closely with the local authorities and are prepared to adapt the safety measures to changing circumstances.
UPDATED CALENDAR
Imola, 4-5 July
Barcelona, 18-19 July
Portimao, 1-2 August
Mugello, 28-30 August
Spa-Francorchamps, 11-13 September
Misano, 26-27 September
Abu Dhabi (Finali Mondiali), 4-7 November
Ferrari Challenge North America. Following the Daytona and Road Atlanta rounds, the 488 Challenge Evos of the North American series will return to the track as scheduled over the weekend of 26 July. The venue will be Indianapolis instead of Laguna Seca as previously planned. However, the latter will play host from 25 to 27 September after the fourth race of the season at COTA from 26 to 30 August. The final round on US soil, before the Finali Mondiali, will take place at Watkins Glen from 7 to 11 October. The Indianapolis and Circuit of the Americas races will be held behind closed doors and, in this case, too, the organisation will be ready to adapt the security measures to the changing situation and in agreement with the local authorities.
UPDATED CALENDAR
Daytona, 23-25 January
Road Atlanta, 6-8 March
Indianapolis, July 22-27
COTA, 26-30 August
Laguna Seca, 23-27 September
Watkins Glen, 7-11 October
Abu Dhabi (Finali Mondiali), 4-7 November
Did this really trade at $350 in 2015?
Vislink Technologies Inc (VISL)
1.1400 +0.7100 (+165.12%) 06/04/20 [NASDAQ]
1.2400 x 1070 1.2500 x 356 POST-MARKET 1.2500 +0.1100 (+9.65%) 17:59 ET
NEWS & HEADLINES for Thu, Jun 4th, 2020Alerts Watch Help
VISLINK CHOSEN TO PROVIDE HIGH DEFINITION 'LIVE' ON-BOARD VIDEO SYSTEMS FOR THE PRESTIGIOUS EUROPEAN FERRARI CHALLENGE RACE SERIES
GlobeNewswire - Thu Apr 30, 10:30AM CDT
Vislink Technologies, Inc. (NASDAQ: VISL) today announced that it has been chosen by Italian Integrator NVP SpA (BIT- AIM: NVP SPA) to provide High Definition 'Live' On-Board Video Systems for the prestigious...VISL
+168% and 350M on a "RS" play ? They did exactly what they wanted to - squeeze the shorts above $1
Drones are hot - I have no position here but I do in AUV$
If the R/s gets cancelled. Rockets
* * $VISL Video Chart 06-04-2020 * *
Link to Video - click here to watch the technical chart video
I don’t have a position either but if this stays above a $1 going into the weekend, I would be absolutely surprised. The RS is coming. That is the play here. RS or done!
Trap shorts with RS filing - large holders brought it above $1 squeezed shorts so no need for RS IMO
I have no shares
It is a reverse split or delisted. Neither one is very good. Look at the filing.
Yeah Reverse Split or bust!-lol
Some times it just doesn’t make sense!-haha
11:51:38 Short $1.4 - 1,000
11:53:17 rejected
learned something today...
glta.
Congrats Everyone! $VISL
Well if this tanks then it’s because I just bought in.. Never fails so sorry in advance to everyone
Pumped on same old contracts that drove this down to .14 ??? Idk playing this one very careful !!! Offer 1$ or dump later on tonight !! What’s the MOMO about ?
Anyone losing at these level is insane !! This traded at .14 last month!! No news and huge tapper below to fill!!
GL !!! Expecting massive run way down
owwwie ouch. That hurts. Glad I am long!!!
That halt screwed me ffs..
Shorts got control now,it’s over here for now..
YUP! Short squeeze. Huge shorts here. amazing move.
What do u expect?
seems this squeeze goes $2 LOL
And you will be SQUEEZED... That's why I don't short stocks... THIS IS CRAZY!
Ridding this one ! Congrats to .14 loaders!
Take exit as a shit storm is coming soon!
Key when to exit ??? Greed
new hod $1.14
I bought only 2k yesterday because I noticed the volume spike. Danm never thought it ran like this for no reason. Wish I loaded up more LOL:))
1.08 > new hod.
Take profit !! Watch a huge offer tomorrow !
If I can short this I will do it now. They hired a new CEO but I see nothing good yet.
Probably a short squeeze also... it's been a sure short, but this run likely caused panic buys...
Could be a great short here now though...
This ticker has not quite been my cup o' tea this morning...maybe later.....
LOL - these diluting thugs will need the reverse split to continue their cash burning, insider paying ways....
I don't think a group can created dollar volume like this. It's the MM they manipulate now let it run make money both way.
Crazy chit happen...Thinking the MM trying to unloaded their inventory before the r/s. Rarely see a run like this right before the r/s. Heck if they get it higher than one dollar for ten days then they might not need r/s at all.
It's obviously being traded by penny stock trading groups... A house of cards here.... ready for the collapse, imo...
Congrats to the LONG bag-holder here. Ya deserve a nice break.
And 108 million shares already traded? That's reprehensible!
Hit one dollar. Unbelievable whoever bought at .20's making a killing now. Just can't understand how it move like this.
Unreal this spike...
VISL
$VISL +116% WOW ROCKIN $$$$$$$$
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We like to keep you up to date with our latest news and events – here’s what’s new at Vislink.
Offers NATO Countries Expedited Acquisition Process for Purchasing Vislink Satcom Solutions and Engineering Services HACKETTSTOWN, NJ, July 24, 2019 — Vislink Technologies, Inc. (NASDAQ: VISL) announced today that it has signed a Basic Ordering Agreement (“BOA”) with the NATO Communications and Information Agency (“NCIA”). The scope of the agreement extends to the supply of Vislink MSAT…
HACKETTSTOWN, NJ, July 23, 2019 — Vislink Technologies, Inc. (NASDAQ: VISL) announced today that it has received orders valued at approximately $1.6 million from global clients for its industry-leading satellite communications equipment. The organizations clients include organizations in broadcast and MilGov markets. Vislink has been supplying satellite communications solutions to these sectors for over 30…
HACKETTSTOWN, NJ, July 17, 2019 — Vislink Technologies, Inc. (“Vislink” or the “Company”) (NASDAQ: VISL) announced today that it has closed the previously announced public underwritten offering of securities, with gross proceeds of approximately $12 million before deducting underwriting discounts, commissions and other offering expenses payable by the Company. A primary use of the proceeds…
HACKETTSTOWN, NJ, July 11, 2019 — Vislink Technologies, Inc. (“Vislink”) (NASDAQ: VISL) today announced the pricing of an underwritten public offering of (i) 1,550,000 shares of common stock together with common stock warrants (the “common warrants”) to purchase 1,550,000 shares of common stock and (ii) 4,450,000 pre-funded warrants, with each pre-funded warrant exercisable for one…
HACKETTSTOWN, NJ, July 10, 2019 — Vislink Technologies, Inc. (NASDAQ: VISL) announces that it has been awarded a contract worth approximately $2.8 million by the U.S. Army for the supply of intelligence, surveillance and reconnaissance (ISR) receiver devices. Equipment covered by the contract includes ruggedized, lightweight hand-held receivers designed to display real-time video imagery transmitted…
Through our IMT and Vislink businesses, we can offer a full spectrum of wireless video products which are built around providing complete solutions. Both companies have traditionally focused on the development of core product technologies that have the potential for application in final assembled products that cross market segments. Such technology focus areas include RF and microwave component development spanning the frequency range from DC to 18GHz, waveform modulation, H.264 video encoding and decoding, 4K UHD (Ultra High Definition) camera systems, IP-based electronic newsgathering systems, and digital signal processing. Through these products, we are positioned with significant technology IP and an established reputation for rapidly and economically delivering complex, bespoke engineering products and solutions to customers that are expertly managed to tight deadlines. Production of these products can be rapidly scaled to respond to changes in market demand.
IMT Products
Broadcast: IMT offers a line of high-margin receiver products including the CRx2, CRx6 and CIRAS-X6. These products may be interconnected over IP networks, expanding and simplifying their overall use and reducing the deployment cost significantly. The MicroLite is a small, low-cost wireless camera system enabling broadcast news operators to eliminate the use of coaxial cables in their remote news operations. This significantly reduces labor costs in the operation and increases the speed and agility of the cameramen to focus on capturing engaging content.
CRx2 Receiver
The union of IMT and Vislink created the market share leader in the professional broadcast and media video transmission sector. We believe that their products solve a growing market need for stable, high-definition, wireless video communications. Separately, IMT and Vislink have been able to successfully leverage their long history of broadcast industry leadership, reputations for advanced technology, and ability to provide end-to-end-solutions in order to maintain and increase their customer bases and to continue providing highly competitive offerings. Both companies have mature product offerings that address applications in growing market segments, including in-game sports video mobile feeds, real-time capture and display of footage from drones and other aerial platforms, and rapid-response electronic news gathering operations.
With the business integrated, we believe these advantages have been further strengthened. Because there is currently minimal overlap in product offerings between IMT and Vislink, we believe we now offer an expanded range of product offerings, additional services and enhanced capabilities. We believe this expansion of product offerings will position us for continued growth in the broadcast and sports and entertainment markets, and we expect near term growth in the government/surveillance market. We also believe there are opportunities for growth in sectors that include transportation, oil and gas, and industrial. As we have realized full control of the production processes of IMT and Vislink, we expect to be able to realize improving margins, control over product quality and competitive agility.
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Sales and Marketing
Our sales team currently is comprised of sales managers responsible for defined regional areas, inside sales personnel, and business development representatives focused on targeted sectors and/or regions. They are supported by solution engineers trained in technical sales with a given market focus. This sales team is focused on supporting our current customers, as well as nurturing relationships with prospective customers in key domestic and international markets. For our IMT and Vislink brands, we employ a combination of sales channels, including direct-to-end customer sales, network group sales, reseller/integrators and Original Equipment Manufacturer (“OEM”) sales channels in order to use the most efficient means of reaching customers depending on the market segment. Sales efforts are supported by marketing and public relations activities, digital and print marketing initiatives, the creation of support materials, and trade show and other event appearances.
As of December 31, 2018, our business development, sales and marketing team consisted of 44 full-time employees or contractors.
Customers
Our IMT and Vislink entities have developed significant followings based on the reputation of their product offerings for performance, reliability and use of advanced technology. Both have developed diverse and stable customer bases for repeat product purchases from blue chip, tier-1 clients in the broadcasting and sports and entertainment markets, as well as among high-profile agencies and organizations in the surveillance (military and government) markets.
Manufacturing and Suppliers
We have historically retained contract manufacturers to manufacture, test, assure the quality of, and ship our products. With the acquisitions of IMT and Vislink, we have additional options for both internal and external manufacturing of products. This provides us the opportunity to develop optimal supply chains that are tailored to our needs on a per-product and per-solution basis. Going forward, we anticipate that we will focus on our core strengths, which are innovation and technology design and the development and creation and exploitation of our intellectual property.
While we have integrated IMT and Vislink into our plan to build our products, we may continue to rely, particularly in the short term, on third party components and technology to build our products, as we procure components, subassemblies and products necessary for the manufacture of our products based upon our design, development and production needs. While components and supplies are generally available from a variety of sources, we currently depend on a single or limited number of suppliers for several components for our products. We rely on purchase orders rather than long-term contracts with our suppliers. We do not currently stockpile enough components to mitigate any potential supply disruption if we are required to re-engineer our products to use alternative components.
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Intellectual Property
We have developed a broad portfolio of intellectual property that covers wired and wireless communications systems. As of December 31, 2018, in the U.S., we have 51 patents granted, 1 patent application pending, 1 provisional application pending and 1 disclosure. Internationally, we have 23 patents granted no patent applications pending, and no Patent Cooperation Treaty (PCT) applications.
Areas of our development activities that have culminated in filings and/or awarded patents include:
? | Spatial Processing (MIMO); | |
? | Self-Organizing Networks; | |
? | RF Modulation; | |
? | Compression (protocols, payload, signaling, etc.); | |
? | Modulators/Demodulators; | |
? | Antennas/Shielding; | |
? | Wired and Wireless Networks; | |
? | Media Access Control Protocols; | |
? | Interference Mitigation; | |
? | Cognition enabling over the air protocols (MAC layer); | |
? | Wireless data compression; | |
? | Dynamic Spectrum Access (DSA); | |
? | Quality of Service; and Quality of Service; and | |
? | Digital Broadcasting over Microwave Links. |
We protect our intellectual property rights by relying on federal, state and common law rights, as well as contractual restrictions. We control access to our proprietary technology by entering into confidentiality and invention assignment agreements with our employees and contractors, and confidentiality agreements with third parties. We also actively engage in monitoring activities with respect to infringing uses of our intellectual property by third parties.
In addition to these contractual arrangements, we also rely on a combination of trade secret, copyright, trademark, trade dress, domain name and patents to protect our products and other intellectual property. We typically own the copyright to our software code, as well as the brand or title name trademark under which our products are marketed. We pursue the registration of our domain names, trademarks, and service marks in the United States and in locations outside the United States. Our registered trademarks in the United States include “xG” “IMT”, “Vislink”, the names of our products, among others.
Circumstances outside our control could pose a threat to our intellectual property rights. For example, effective intellectual property protection may not be available in the United States or other countries in which our products are sold or distributed. Also, the efforts we have taken to protect our proprietary rights may not be enough or effective. Any significant impairment of our intellectual property rights could harm our business or our ability to compete. In addition, protecting our intellectual property rights is costly and time-consuming. Any unauthorized disclosure or use of our intellectual property could make it more expensive to do business, thereby harming our operating results.
Companies in the mobile wireless communications technology and other industries may own large numbers of patents, copyrights and trademarks and may frequently request license agreements, threaten litigation or file suit against us based on allegations of infringement or other violations of intellectual property rights. We may face allegations by third parties, including our competitors and non-practicing entities, that we have infringed their trademarks, copyrights, patents and other intellectual property rights. As our business grows, we will likely face more claims of infringement.
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Company Information
Effective February 11, 2019, xG Technology, Inc. changed its name to Vislink Technologies, Inc. Our executive offices are located at 240 S. Pineapple Avenue, Suite 701, Sarasota, FL 34236, and our telephone number is (941) 953-9035. Our website address is www.vislinktechnologies.com. Information contained in our website does not form part of the report and is intended for informational purposes only.
As of January 1, 2019, we are no longer an “emerging growth company” as the term is used in the Jumpstart Our Business Startups Act of 2012.
Employees
As of December 31, 2018, we employed a total of 167 full-time employees, contractors or consultants, which included 38 in development, 2 officers, 17 in general and administrative, 4 in business development, 66 in operations and 40 in sales and marketing. We also engage several temporary employees and consultants. None of our employees are represented by a labor union or are party to collective bargaining agreements. We believe that we have good relations with our employees.
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As a smaller reporting company, the Company is not required to include the disclosure required under this Item 1A.
Item 1B. Unresolved Staff Comments
Not applicable.
Our headquarters are in Hackettstown, New Jersey which has 14,416 square feet pursuant to a lease that expires on April 29, 2020 and an executive, marketing and business development office is in Sarasota, Florida, in an office consisting of a total of 3,403 square feet pursuant to a lease that expires on October 31, 2019. The Company also has 39,327 square feet in Billerica, Massachusetts pursuant to a lease that expires on May 31, 2021; 12,435 square feet in Hemel, United Kingdom pursuant to a lease that expires October 31, 2020; 14,000 square feet in Colchester, United Kingdom pursuant to a lease that expires on March 24, 2025; 839 square feet in Dubai, U.A.E. pursuant to a lease that expires on July 2, 2019; 1,100 square feet in Singapore pursuant to a lease that expires on August 9, 2020; and 3,000 square feet in Anaheim, California pursuant to a lease that expires on July 31, 2021. The Company terminated its lease in Sunrise, Florida which consisted of 11,029 square feet. The Sunrise lease is set to expire on May 13, 2019.
We believe our current facilities are enough for our current needs and will be adequate, or that suitable additional or substitute space will be available on commercially reasonable terms, for the foreseeable future
We are currently not involved in any litigation that we believe could have a materially adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, our common stock, any of our subsidiaries or of our company’s or our company’s subsidiaries’ officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect. From time to time, we may become involved legal proceedings, lawsuits, claims and regulations in the ordinary course of our business.
https://twitter.com/Vislink
https://www.facebook.com/vislinktechnologies/
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XGTI Split History Table | |
Date | Ratio |
07/20/2015 | 1 for 10 |
06/21/2016 | 1 for 12 |
12/16/2016 | 1 for 10 |
VISL Split History Table | |
Date | Ratio |
05/13/2019 | 1 for 10 |
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