[Cdclark2017]

BRKK fan page on Facebook https://www.facebook.com/groups/302455623796159/?ref=share

[powerbattles]

I agreed with you 100%. BRKK owns the patents this could lead to another lawsuit, partnership or merge?

[jwp25]

Yes I agree See Brkk board for DD news coming —IMO it looks like something brewing between them

[ehihub]

There MIGHT BE a relationship between BRKK and XGTI.
See BRKK board for DD and posts.
I’ve been reading this board and the conversation seems to be “what happened”. Well,

Something to consider:

Look at the price history of xGtechnology (XGTI) on or about the time BRKK WON THE LAWSUIT!
Their price started a death spiral. More research needs to be done, but since they clearly claim VICAREO Refcam technology in their PRs there is proof of the entire relationship.
The price tank probably happened when their investors realized xgTechology AND VICAREO SYSTEMS does not own the patent.

BRKK OWNS THE PATENT!

As far as I can tell XGTI was not directly involved with lawsuit but the patent that makes the transmission signal possible is actually owned by BRKK. Not Vicareo Systems.

There may be ongoing efforts between BRKK and XGTI to have a relationship going forward. BRKK shareholders are expecting a PR anytime.
All IMO

[lasernat]

XGTI don't fall for their little crap PR's

[lasernat]

XGTI it's simple the company is stealing from shareholders to pay their fat ass's to do nothing

[PeanutR]

What a POS junk!!

[PeanutR]

POS

[jessicamary]

I am still baffled about the trends in this stock.

[Makk1]

>>> 0.90 >>>

[UFO]

No joke! I was only in this pig for a short-term play and lost a little. Haven't been watching it for 6-8 months, WTH happened??? It was above $1 the last time I checked the price.

UFO

[shajandr]

Topaze Thursday, 04/14/16 08:26:58 AM
Re: calbwt post# 987
Post # of 3357

Calbwt,

How odd that you only write about XGTI! And invariably negative. . . . Wouldn't happen to be a short, would you :)

If he was, then he was SMART. The smart munny would have sold this turd short (if one could have) - since it's TANKED hard since 2016.

Two-year Chart of XGTI

[finesand]

What's left of "good ole" XGTI?

The $4M senior convertible loan will add at least 5M shares to OS if they would recover (best case). Otherwise some VWAP and what not anti-dilution will take into effect.

5/29 $4M at 6% interest, Maturity Date 5/29/2019, starting payback 9/29/18.
Minimum buyback is after 180 days is 115% premium: $4.6M
In case company does more financing, make whole death spiral will be ignited - conversion price lowered of course.

OS ~18M?

+++

So how much equity is left for common? Using 1Q18 numbers:

Cash $0.46M
Current Assets $24.17M
Total Assets $33.42M
Total Liab $18.56M
Equity $14.85M or 82.5c
Net Equity $5.61M or 31c (Current Assets - Total Liabilities)

Applying best case: $4M cash and just $4.6M liabilities.

Cash $4.46M
Current Assets $28.17M
Total Assets $37.42M
Total Liab $23.16M
Equity $14.26M or 79.2c
Net Equity $5.01M or 27.8c (Current Assets - Total Liabilities)

++++

They burned this equity quite well during last cycles, was $27.47M 1Q17.

Net change in Cash is around $2.4M - $4.4M per quarter, so if company doesn't manage to get their burn below $2M in 2Q18 (now) and become positive in 4Q18, they need another financing around 4Q18, which will trigger this financing anti-dilutive measurements.

They require $15M revenue per quarter to break even as stated by ex CEO, but last 5 quarters just reached $9.34M - $14.11M, $11.512M average. So avg deficit was $3.488M per quarter.

+++

Conclusion IMHO: A lotto ticket, esp w/ $1 SP violation now. If SP dives to net equity value of that 27.8c I may buy some.

I am also not sure whether the only class of products they sell - the wireless video transceiver thing, is such a novel thing anymore. Consider HEVC video compression codec to be ordinary by now and wireless links also no rocket science. Meaning: Competitors are there as well.
What else worth mentioning do they have to sell producing revenues? I don't know.
Their MIC engagement can only be seen as a negative here, all burning costs, no income and giving company a bad aftertaste.

GLTA (no position here ofc)

[ClayTrader]

* * $XGTI Video Chart 05-23-18 * *

Link to Video- watch analysis by clicking HERE

[trader8442]

How they can continue their Ponzi schemes is beyond me. I assure you the SEC has been alerted and I have been contacted.

[lasernat]

Shareholders should really contact the SEC and attorneys to have these clowns sued, prosecuted and thrown in jail

[trader8442]

Exactly, they’re taking a pretty good product & running it into the ground.

[lasernat]

Insiders trashing the company as they did before, they have no regard for the company or shareholders only looking to fatten their pockets, theives

[trader8442]

Well the Clay is posting, this thing to going down to sub cents & then a new reverse split that’ll cost you 40 or 50 bucks

[lasernat]

XGTI like I said insiders diluting the snot out of this ... no better than a pinky pos

[ClayTrader]

* * $XGTI Video Chart 04-03-18 * *

Link to Video - click here to watch the technical chart video

[lasernat]

The only thing it seems these insiders know is how to continuously sell free shares they received ,,, nothing else ,,, these guys should be in jail for grand theft

[ash111]

Nice to see good earnings, pretty rare these days. Revenues for the year were $47.8 million, representing a 624% increase from the prior year. as I mentioned before XGTI is Moving Forward. just need patience.

[ctr008]

Revenues up 70%. Positive financials!!! That’s what I like to see

[buckiii2]

10k out. Up after hours.

[lasernat]

Appears to me that insiders just diluting the snot out of this and selling it into the ground, what a scam, worse than a scammy penny stock

[CLATCO]

CAN ANYONE SHED SOME LIGHT ON XG TECH,AS TO WHY SUCH A PRESCIP DROP?

[Trucker444]

Is XGTI ever going to release earnings? My calender had them scheduled to release on 3/26.

[ThisisStrange]

$XGTI and $DIRV still working together?

[lasernat]

XGTI these guys are worse than penny stock scammers

[lasernat]

XGTI too bad insiders are trashing it down

[schorschi]

News: IMT Vislink's HCAM HEVC 4K Wireless Camera System Goes Live, Deployed by Broadcast RF at High-Profile UK Soccer League Matches

http://crweworld.com/article/news-provided-by-pr-newswire/209748/imt-vislinks-hcam-hevc-4k-wireless-camera-system-goes-live-deployed-by-broadcast-rf-at-high-profile-uk-soccer-league-matches

[Estopenko]

Nice... "the order includes Vislink HCAM 4K UHD systems"
:^)

[schorschi]

xG Technology's Vislink Business Receives Order in Excess of $1 Million

https://finance.yahoo.com/news/xg-technologys-vislink-business-receives-123000466.html

[ash111]

XGTI another solid development beside recent contracts. I will add it to my 5 recommended micro caps (well positioned) for 2018. https://twitter.com/ash_trader/status/944552346780127232

[buckiii2]

News 122917. https://ih.advfn.com/p.php?pid=nmona&article=76382094&symbol=XGTI

[buckiii2]

XGTI.
xG Technology's IMT Vislink Business Completes Delivery of First Order Against $12.5 Million U.S. Army Contract
Print
Alert
XG Technology, Inc. (NASDAQ:XGTI)
Intraday Stock Chart
Today : Wednesday 27 December 2017

SARASOTA, Fla., Dec. 27, 2017 /PRNewswire/ -- xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a leading provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for critical communications, announced today that its IMT Vislink business has completed delivery of the first order against the previously announced $12.5 million U.S Army contract award. The contract covers the supply of hand-held intelligence, surveillance and reconnaissance receiver devices. Delivery of the first order was completed significantly in advance of the required delivery date of Feb. 15, 2018.



George Schmitt, Executive Chairman and CEO of xG Technology, said, "We are pleased to have successfully completed, shipped and delivered the first part of the Army order well in advance of the date by which we were obligated to deliver. We all appreciate the efforts of our team in both the United Kingdom and the U.S. to get the job done. We look forward to continuing to deliver these state-of-the-art devices to our people in uniform to help them in their job of protecting all of us."

[Tdogwm]

Picked some up because this is a great long

[ZeneralGodzilla]

Why don't these guys get into RFID technology - It's a blue sky opportunity.

[GiveBackGamer]

Good bump over last two days... any recent news anyone knows of?

[buckiii2]

https://imt-solutions.com/about/news-events/newsnet-solution-featured-tv-technology-article/amp/

[buckiii2]

XGTI new form 4 buy. https://ih.advfn.com/p.php?pid=nmona&article=76213950&symbol=XGTI

[schorschi]

Leidos (9bn market cap) partners with xG Technology

https://www.prnewswire.com/news-releases/xg-technology-awarded-contract-to-provide-interference-mitigation-technology-under-government-shared-spectrum-research-program-300563410.html

[buckiii2]

Xgti additional news. https://ih.advfn.com/p.php?pid=nmona&article=76131995&symbol=XGTI

[ash111]

XGTI xG Technology's IMT Vislink Business Awarded $12.5 Million US Army Contract for Hand-Held Intelligence, Surveillance and Reco...

[Trade_Trigger]

Yes, I think you should sell. Have bids waiting for you

[calbwt]

How much of this $12 million will actually be delivered?

xG has a long history of announcing multi-million dollar contracts that never quite come to fruition. The PRs are all to get people to buy the stock. That's where the real money is.