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$6.6M revs for Q1, $10M expected for Q2.
That would put NXT-ID revenue at $24M for the trailing 4 quarters.
Current market cap is only $16M.
Chip/pin & NFC come with FitPay.
Relationship with MasterCard comes with FitPay as well. They are also working towards a relationship with Visa. Those are the top 2 CC companies.
Flye can now launch with chip/pin and NFC capabilities.
10K from 2016 will be released.
WorldVentures has a conference in Cowboys Stadium April 7th. Major news about the Flye will be announced.
Conference call with NXT-ID will be scheduled for mid-April.
Preliminary Q1 financials will be released in April/May. We will see another increase in revenue, replacing a ~$0 revenue quarter from last year with a ~$4M-$5M revenue quarter.
Announcement of merger with FitPay finalizing in May.
Many catalysts are right around the corner.
great trading today!
the pop up to $4.15 and closing at a 15% gain are just a sample of what is coming over the next 6 months.
revenue is sky rocketing! first Q3, and now Q4... it's a trend fellas
Q1 ER will blow it up even further, and Q2 ER will be the cherry on top.
not worried one bit about the day to day movement.
$5+ in January
SHORTS WILL FRY
You've been warned ;)
If there was a case to be made, it would have been made years ago. There has already been a patent dispute between these two.
Nevin Jenkins is just looking for a quick payout. Scumbag.
Nevin Jenkins is a patent troll.
LogicMark already dealt with this money grubbing douche bag and his cronies back in 2010.
The only reason he's back now is because LogicMark got bought out and he is seeing dollar signs. No surprise there.
The guy is pathetic and so is his case.
Flye release in 3 weeks.
Flye will be presented Oct. 23rd to 26th at Money 20/20
Flye will be distributed on stage Oct. 28th to 30th in Las Vegas
Q3 and Q4 ER is all that matters
SoundView article will be out early next week with an updated model of the future of NXT-ID.
We should see ~$2M of revenue from LogicMark in the Q3 earnings report.
We would then see well over $10M in revenue in the Q4 report... sending this shit straight to outer space.
Price Target
January 2017
$15
Nasdaq compliant!!
NASDAQ compliant as of today.
It has been 10 trading days since NXTD closed above $1, so that listing requirement has now been filled.
The purchase of LogicMark brought their shareholders equity up to $6 million as of March 31st, which is much more than the $2.5M requirement.
When you combine those two facts, NXTD is now finally compliant with the NASDAQ listing requirements.
If correct, we should get word from the company sometime next week.
Hooray! lol
But the Wocket was released, and it works for the most part.
The issue with the Wocket was that people didn't want to buy it. NXTD was completely capable of developing, manufacturing and delivering the product. Their customer support is actually pretty decent as well.
But, if you can't sell your product, it's a failure. This time things are different, and it's much better for NXTD.
This time they are selling B2B. There is no concern about marketing or distributing the Flye card. That's all taken care of on the WV side. The only thing NXTD needs to do is develop a card that works, and ship it to WV.
They were able to develop the Wocket and ship it before, and that was from scratch. Based on that information I think it is a solid bet to assume that they will be able to manufacture and deliver working cards, on time, for the beta program in ~2 months.
Gino recently stated that the Flye cards start shipping next month, and WV payments of $2.5M will come in return.
I understand your wanting to see "real numbers," I think most of us still in NXTD are waiting on the same thing. It's put up or shut up time.
So, with that information in hand, there's no reason to assume the worst. Things are looking very good for the medium to long term. (dilution soon though, maybe?)
The cards already work.
There is a software agreement for the chip functionality that needs to finalized to be able to ship the cards to consumers.
NXTD and WV are presenting the card together, next month. That should be all of the proof that you need that the cards work.
Highly doubtful.
You're saying WV might sue NXTD? The company they are presenting with next month?
This is a long term relationship between WV and NXTD and taking heavy dilution off of the table should calm nerves.
That's the way I see it, at least.
Registration withdrawal is a good thing.
What do you expect a reverse merger would do for the PPS?
$18M revs / 65M shares = .277 sales per share
Assume a P/S ratio of only 5 (it's 45 right now)
5 x .277 = $1.385
Let's assume the R/S goes through at 1-10
65M / 10 = 6.5M shares
.42 x 10 = $4.20
18M revs / 6.5M shares = $2.77 sales per share
Using a P/S ratio of only 5, again...
5 x 2.77 = $13.85
Now lets say NXTD dilutes the shit out of the common stock after the R/S with 3.5M shares @ $4 a share....
18M revs / 10M shares = $1.80
5 x 1.80 = $9.00
Factor in the R/S and you're looking at a 115% upside, purely based on a P/S ratio of 5 and the expected $15-20M revenue in 2016.
150k card shipment in Q4
we'll hit $1 before hitting 15 cents lol
We're going up.
Assuming the price stays where it is (obviously it won't, but...)
I think they will do a 1-10 to around $4.50 a share.
That will bring the outstanding shares to ~6.5M and the float to just under 4M shares.
Revenue for 2016 is projected to be $15-20M (let's say $17.5M)
Post R/S, at $4.50 a share and 6.5M shares, the market cap will be about $29.25M.
17.5M (revenue) / 29.25 (market cap) = $0.60 (sales per share)
The current P/S ratio for NXTD is a whopping 45x... let's tone that way, way down, to a still beefy 10x
$0.60 x 10 = $6.00 per share, based on projected R/S, 2016 revenue and current market cap... but without any new deals or dilution.
With our current P/S ratio the PPS would be well over $25, lol.
I think R/S will happen but I don't think it is going to hurt.
They will have solid news and projections that will be released alongside the R/S which will actually make the pop even bigger with the small float.
The real issue is the proposed dilution and when they plan on issuing the shares. Most likely after the post-R/S news pop, similar to what Gevo last year which ran from $2.50 to $7 after a reverse split.
Delay is not NXTD's fault.
Why do you think plastc has yet to ship anything either? They are ALL waiting on the same software issue.
Plastc is ALSO shooting for a Q4 release. So NXTD HAS TO WAIT until Q4.
They won't have any problem manufacturing the cards when it comes to that... lol
100k deep @ .37
8k profit ;)
now that's what I'm talking about
thank you
How is asking bluehorsesho to provide some EVIDENCE to back up this wild THEORIES possibly categorized as "OFF-TOPIC"?????
He says a reverse merger will happen. THERE IS NO PROOF FOR THAT.
IN FACT, NXTD CAN'T DO A REVERSE MERGER LEGALLY. THE LAW PROHIBITS THEM FROM DOING SO.
DELAWARE SECTION 203, LOOK IT UP
"a corporation shall not engage in any business combination with any interested stockholder for a period of 3 years following the time that such stockholder became an interested stockholder"
SO PLEASE LET SOMEBODY REFUTE THIS FACT OR, MAYBE, NOBODY WILL, BECAUSE THEY CAN'T.
Compliance... Earnings... Guidance... in that order.
"We are also in very deep discussion, now, with a potential partner in that area; a top three global mobile provider that we hope we'll be able to share publicly sometime as we get into the beginning of the third quarter."
Stanley Washington, Director
April 4th, 2016
investors.nxt-id.com
"We're talking to everyone from American Express, Capital One, Chase, and Visa to other folks in the marketplace and I'm happy to state that we are in some extremely advanced conversations with at least two of those companies, today, to focus around opportunities to drive card member loyalty; to drive the customer experience; [and to drive] more profiled and predictive data management and capture. Real significant opportunities in being able to position some of these financial services companies and their products into the future. So I think it's a really exciting time in terms of how we are really shifting and driving our focus around the utilization of NXTD's IT and patents."
Stanley Washington, Director
April 4th, 2016
investors.nxt-id.com
You can't even get the numbers right.
Between 1-5 and 1-15. Your lack of intelligence is sad.
Carl is SCARED
I'm sure jimr1717 will wait for potential R/S and start blabbering his fat mouth again...
Some people can be so short sighted and stuck in the past. It's sad.
$2.5M per month from WV
$1M+ per month from LM
The whole point of investing is finding undervalued stocks. The next couple of months will be the best time to buy in before we head to the moon. Q4 earnings will be ridiculous.
It doesn't matter. Delaware law states NXTD can't merge with WV for 3 years. PERIOD.
I never said anything about WV being in Delaware, do you have a brain? Like, at all?
"July 25, 2016 by NXT-ID, INC., a Delaware corporation (“Nxt-ID”)"
http://investors.nxt-id.com/mobile.view?c=253691&v=202&d=3&id=aHR0cDovL2FwaS50ZW5rd2l6YXJkLmNvbS9maWxpbmcueG1sP2lwYWdlPTExMDUzNjkzJkRTRVE9NiZTRVE9ODQmU1FERVNDPVNFQ1RJT05fUEFHRSZleHA9JnN1YnNpZD01Nw%3D%3D
NXTD is a Delaware company. Do you understand now?