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Jep, chart also very promising, took a position in XGTI. Adds all up imo
Their investor call was promising, waiting for the filing due out in next day or so.. form 4s dropped ah
Looks like XGTI is going to breakout again at some point in the near future...
Chart looks strong again - like I posted last week, very nice gains possible with 1,50 entry. Don´t care who might believe in my words and who don´t...
One Key detail is the Comp. Must survive between moves.
No BK.
No RSplits.
No Reorgs.
Trade on..........
Hawk
thanx, for the vote of confidence...Give me about a month...and watch ur account skyrocket...that's no BS!
GLTY, gonna follow you during the next weeks. Looks like you´re able to bring several 50-100% stocks to the table every month -> YOU´RE THE MAN!
ah , now I get it
Have been part of the last one 1,50 to 2,80. How many stocks do you know with more such moves btw? The trick is to be there before it happens ;)
2 moves in 2 years
May settle around 1,50, maybe worth a second ride for me than. But still just on watch so far. Dilution is a killer for XGTI.
XGTI 1.53-1.54 ....
Naked short volume:you can check -yesterday was staring increasing ....
Naked short volume is a site :)
Not so sure,but evaluating this option:now for sure chart playing they tried to hit the bottom on the lowest volume. With news at the corner, can assume will recover soon. Me added some at 1.72.
IMT has been paid in full 6 months in advance as due.
With the 3.5 $ they pay out a part or the last part of Vislink
Some news is due
My opinion only
Last week we had great news that's the reason it starts its run.
Offer's announcement and lost some cents ;) will come back at the right average ....
A nice power hour to you
possible but aegis is the underwriter it is their job to bring in support and keep the stock at least at 2.00. Aegis Capital are a bunch of criminals they screw everyone so they can keep their doors open. One of the worst investment banking firms around so when you make a deal with them you are going to get screwed. For shareholders not a good situation.
It's entirely possible Aegis had shorted the stock during one or more of the recent pumps, and was merely covering by buying up that offering. No pressure to turn a profit on shares they bought for $2.00, because they already made their profit.
Thx for the update. Appreciate it very much. I will hold for a while. Like the company and what they are into.
2.4 2.5 is low average: today till now is low volume-think they are playing with chart -
I saw yesterday close they pull it down to have a bearish situation.
Reversal will come - explosion on higher levels will with news.
And news is not so far : they had 5milly revenue for first 9 months
With 4.7milly increase from previous year.
They have repaid IMT several months before the term that was agreed:
I think this was the reason for the last 3.5$ offer: reconstitute the cash-flow.
Effects will be seen later : no interests to be paid.
Only my opinion - make DD
Checking it very often but holding all the shares
Offer was 2$ for 1 shr + 0.75 warrant :the offer is closed.
how is it possible you do a financing for 3.5 mil at 2.00 and the stock is trading below. Aegis Capital is a pos. I have never seen anything like this. This stock should be trading up at 2.40 to 2.50 Anyone have a clue as to what is going on here?
XGTI unexpected lows at 1.73-1.74 reversal coming ++++
XGTI 1.1 Mill shrs traded so far-see if they put out the closing at the end of the day :
Last situation like this went from ~ 1.30 to 2.95 ...
Nice they can put out some news after the closing notice -
Pay attention ;)
XGTI-1.77 on little volume -and 1.01M shrs shorts (ihub)
XGTI 11.23 is market capital at investorpoint :sorry
XGTI:outstanding 11.23milly investorpoint .... tic tac ....
XGTI:"the offering...:11.56milly shrs final counts after offer closing
XGTI-added more:bottombullish divrgence one more time again....
XGTI-shorttime consolidation is ok right now.....
XGTI :offer is at 2 $ a share ....for 1.9 M shrs
XGTI:Vislink is the largest worldwide supplier of etc etc -interesting description indeed available on XGTI site
XGTI:internet site has been updated ...
Great -thanks: XGTI aerospatial involvement has been established:
It's optically reflected on the 9 months revenues 2016 that went
From some hundred thousand in 2015 to 5milly $ in 2016.... new numbers to follow
Today's trading optically reflect some zzzz zzzz : they are maybe ...
Checking it ;).
Markets react late on morning news: hum - that's an interesting point, isn't it ?
Thanks Pete-saw this PR-they also filed on IMT amendment on
Financials :think they were obliged as IMT has already been repaid in
Full a few weeks Ago.that's caused a little recovery on Friday to 1.90
What will happen this week? It depends on the PR They will release (if any)
Other hand, share Sale price to directors one week ago was 1.74.
50ma is at 2.4 $
They are costantly printing little quantities, so I will wait and see
If a PR with numbers on final Vislink revenues estimation + IMT
Will be very interesting. Previous yearly revenues estimation
For VISL were 45-50 milly $ \\. Estimation for global. XGTI
we're up to 75milly $.
This stock has some behavior, sure .... but last RS has boosted it :)
Have an happy beginning of trading Monday
And more than this, have a nice Sunday.
$XGTI xG Technology Announces Proposed Public Offering Of Securities
PR Newswire - Thu Feb 02, 3:54PM CST
SARASOTA, Fla. , Feb. 2, 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, today announced that it intends to offer for sale shares of its common stock and warrants to purchase its common stock in an underwritten public offering. The company intends to use the net proceeds from this offering for working capital and to fund other general corporate purposes, including funding the costs of operating as a public company. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Aegis Capital Corp. is acting as the sole book-running manager for the offering.
This offering is being made pursuant to an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission. A preliminary prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov . Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that xG Technology has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about xG Technology and such offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About xG Technology, Inc.
xG Technology is a provider of market-leading wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in challenging environments. The company is focused in delivering communications technologies that provide its customers enhanced levels of reliability, mobility, performance and efficiency in their business operations and missions. xG markets its technology solutions across three business units: Integrated Microwave Technologies (IMT), Vislink Communication Systems and xMax.
IMT is a pioneer in the design, development and distribution of advanced digital microwave systems and has been a trusted supplier to broadcast, sports and entertainment, and MAG (Military, Aerospace & Government) markets. The company's product lines are recognized for their high level of performance, reliability, build quality, extended operating ranges and compact form factors. More information about IMT can be found at www.imt-solutions.com .
Vislink specializes in the wireless capture, delivery and management of secure, high-quality, live video from the field to the point of usage, serving broadcast & media and public safety & surveillance markets. More information about Vislink can be found at http://www.vislink.com/ .
xMax is a secure, rapid-deploy mobile broadband system that delivers mission-assured wireless connectivity in demanding operating environments. xMax was specifically designed to serve as an expeditionary and critical communications network for use in unpredictable scenarios and during fluid situations. This makes it a compelling solution for disaster response, emergency communications, and defense applications. More information about xMax can be found at http://www.xgtechnology.com/products .
Based in Sarasota, Florida , xG Technology has over 100 patents and pending patent applications. xG is a publicly traded company listed on the NASDAQ Capital Market (symbol: XGTI) For more information, please visit www.xgtechnology.com .
Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words "anticipate," "believe," "estimate," "upcoming," "plan," "target", "intend" and "expect" and similar expressions, as they relate to xG Technology, Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
For More Information:
Daniel Carpini
xG Technology
daniel.carpini@xgtechnology.com
(941) 953-9035
To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/xg-technology-announces-proposed-public-offering-of-securities-300401663.html
SOURCE xG Technology, Inc.
XGTI-VISL.com.sys-quote "....has a present year sales run that is expected to
Be $45M-$50M.... ". from PR last October
It looks like people reacted to the announcement that more shares are going to be issued, which usually tanks the share price. Such an announcement also usually marks the end of the pump & dump.
When the shares are issued, I expect them to be priced at a discount and the share price will take a dump. After that, the price will continue to fall a bit and stabilize and volume will dry up. Then there will be some PR to kick off another pump & dump. The price & volume will spike and then fall, and then there will be another announcement that more shares are going to be issued.
If you time your buys/sells right and ride the pump & dump, you can make serious money. If you're holding when the new shares are announced/priced you can lose.
They have less than 10 million shares outstanding right now and 100 million authorized, so they can keep this up for a long time as long as they stay listed. If they fall below $1/share and get a delist warning, they can reverse split to get back above $1 and stay listed, like they've done twice in the past two years.
Lather. Rinse. Repeat.
What's the forecast or prediction for tomorrow?
Selling shares again but guessing they will run up the price to unload
Ironically the chart still looks and guessing tomorrow is round two. Only question is it a lower high or does it go for $3. Purely a momentum play.
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xMax is a fixed and mobile wireless broadband system that includes a complete product line of high-performance access points, fixed and mobile personal WiFi hotspots, mobile switching centers (MSC) as well as network management and deployment tools. xG’s unique and patented protocol outperforms WiFi, WiMax and traditional cellular technologies like LTE in shared and interference prone radio bands. The xMax over the air waveform has been specifically designed for use in a deterministic (i.e. fixed low latency) cognitive radio network. This waveform, in conjunction with its purpose built Media Access Control (MAC) layer, offers capabilities and performance not found in other wireless solutions.
xMax is an end-to-end Internet Protocol (IP) network solution that incorporates xG’s patented cognitive radio technologies to deliver the first fully mobile VoIP and broadband network that also supports any smartphone, laptop, tablet and other commercial WiFi or IP-enabled devices via its xMod personal hotspot – while offering an excellent quality of service (QoS) and fixed, low latency.
xG’s approach has been to develop a network that uses available free spectrum instead of costly licensed spectrum and an all-IP architecture that is less expensive to deploy and operate. The company’s xMax system addresses the numerous technical hurdles involved with mobile VoIP and data in today’s crowded airwaves. The result is an extremely efficient network solution that delivers high quality fixed and mobile wireless Internet services at very low cost.
Every aspect of the technology is designed for the highest possible efficiency and QoS. xMax is designed to prioritize voice calls by delivering dedicated time-slots, as well as a voice calling app for android phones and tablets. This approach guarantees a low and fixed latency for every call, which essential for reliable voice calls on heavily loaded wireless broadband systems. The xMax system ability to provide fixed low latency connectivity for real-time communications is in contrast to technologies like Wi-Fi and WiMAX, both of which are contention-based “best effort” delivery systems that cannot provide scalable voice services without significantly reducing their data carrying capacity. xG’s proprietary air interface addresses these limitations, while supporting full sensing-based cognitive network operation.
xMax carrier class cognitive radio networking solutions are made up of the following key products:
xG Technology is an IP (Internet Protocol)-centric developer of innovative and disruptive communications technologies for wireless networks. The company has built an extensive portfolio of intellectual property that covers a broad range of applications, including cognitive (intelligent) radio technology that can make wireless networks more flexible, intelligent, accessible, affordable and reliable.
xG has brought together a number of its key technology advancements to create xMax®, a robust, comprehensive fixed and mobile wireless broadband system. xMax can serve as a powerful private network solution that without the costs or limitations associated with traditional wireless options. xMax is capable of operating fully independently of fixed infrastructure, and enables the rapid deployment of wide-area voice, video and fixed and mobile broadband services in any environment.
By leveraging its patented cognitive radio technologies that include spectrum sharing, interference mitigation, multiple-input multiple-output (MIMO) and software defined radio (SDR), xMax can eliminate the barrier created by expensive or unavailable licensed spectrum. These technologies increase the efficiency of existing spectrum assets, allowing providers to deliver new services, offload existing voice or data traffic, improve QoS, and enhance network capacity for their customers.
xMax represents a powerful solution for a wide array of users, applications, and markets. xMax has the ability to serve as either a permanent or temporary wireless infrastructure, making it ideal for a number of deployment scenarios, both domestically and internationally. These include emergency response/public safety, defense, utilities and other critical infrastructures, urban and rural wireless broadband, transportation, educational and health care facilities, corporate campus settings and event management.
Based in Sarasota, Florida, xG has over 60 U.S. and over 140 international patents and pending patent applications. xG is a publicly traded company listed on the NASDAQ Capital Market where xG common stock is traded under the symbol XGTI and xG warrants are traded under the symbol XGTIW.
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