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I think they would go ahead with a RS before going back to the penny stocks. Besides, they've done so well since their NASDAQ listing...sky's the limit!
A totally tongue-in-cheek post, as you all know. Maxim is the only one making money on this company, as we all know. I had to post it...Wick never would, as everyone knows.
Maxim Group Remains a Buy on BIO-key International Inc (BKYI)
Jason Carr- July 29, 2019, 8:16 AM EDT SHARE ON:
Maxim Group analyst Nehal Chokshi maintained a Buy rating on BIO-key International Inc (BKYI) on July 24 and set a price target of $2.25. The company’s shares closed on Friday at $1.21.
According to TipRanks.com, Chokshi is a 4-star analyst with an average return of 6.5% and a 52.3% success rate. Chokshi covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Super Micro Computer, and Palo Alto Networks.
BIO-key International Inc has an analyst consensus of Moderate Buy, with a price target consensus of $2.25.
See today’s analyst top recommended stocks >>
The company has a one-year high of $2.23 and a one-year low of $0.75. Currently, BIO-key International Inc has an average volume of 10.31K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
BIO-key International, Inc. is engaged in the development and market of fingerprint biometric technology and related security software solutions. It offers identification and verification solutions, such as personal inspection identification, passwords, tokens, smart cards, ID cards, PKI, credit card, passports, driver’s licenses, and OTP or other form of possession or knowledge-based credentialing. It also delivers identification solutions and information services to commercial, government, law enforcement and prison markets. The company was founded on January 7, 1993 and is headquartered in Wall, NJ.
Access to Microsoft Applications and Data
$300K Follow-on Order Brings Total Project Revenue to Nearly $1M Since January 2018
Jonq...They did put a number on it $300K, but it doesn't mean anything since they probably won't get paid.
More dissatisfaction with facial recognition:
By MARY MARKOS | mary.markos@bostonherald.com | Boston Herald
PUBLISHED: June 10, 2019 at 7:18 pm | UPDATED: June 11, 2019 at 7:21 am
Massachusetts Governor Charlie Baker indicated he is in no rush to regulate facial recognition technology at the state level, claiming federal controls, but concerned legislators and advocates say those federal rules don’t exist yet.
“My understanding is most of that’s regulated at this point at the federal level,” Baker told reporters Monday, following a Herald report on the spread of the technology and lack of controls. “Whether or not it should be regulated at the state level is something we’ve had conversations about, but they’re not to the point where we’d be ready to file legislation.”
Two lawmakers already have, however. Senate Majority Leader Cynthia Creem (D-Newton) and state Rep. David Rogers (D- Cambridge) filed legislation in the House and Senate to halt the use of facial recognition software while the Legislature addresses adding regulations.
“To our knowledge, there is no federal statute regulating this technology,” Rogers told the Herald. “There is no broad general law at the federal level governing or regulating this technology. We are literally in a world where the technology has gotten ahead of the law and there is no comprehensive body of law governing this technology anywhere in the U.S. that I’m aware of.”
Creem added that facial recognition has “significant potential for government overreach and abuse.”
The state lawmakers’ sentiments mirror that of those in Congress. Creem pointed to two recent hearings in D.C. before the House Oversight Committee on the issue, saying that one of the major concerns voiced by members is that this technology is “totally unregulated.”
“My understanding is that there is currently no regulation of face surveillance technology at the federal level,” Creem said. “While I welcome comprehensive regulation at the federal level, Massachusetts residents deserve assurance that their government is not misusing this ever-advancing intrusive technology. This can only happen by pressing pause on its use and developing regulations that protect individual rights and freedoms.”
Law enforcement already taps the Registry of Motor Vehicle’s driver’s license database to help identify suspects through facial recognition, submitting 265 requests in 2018, 29 of which came from federal law enforcement agencies, according to Mass DOT.
“We’re not trying to ban this technology, we’re not trying to reverse it,” Rogers said, “We’re just saying, we’re citizens of a free society, we’re citizens of a democracy. What are some reasonable limits on how this technology is used? To me, that’s as American as apple pie.”
NEWS: BOSTON, MASSACHUSETTS
Facial recognition technology targeted on Beacon Hill, Somerville
By MARY MARKOS | mary.markos@bostonherald.com | Boston Herald
May 11, 2019 at 9:37 am
Big Brother is watching. Or rather “Big Sister” is watching, as the Senate Majority Leader put it, which is why she is proposing a ban on facial recognition technology until regulations can be put in place to protect people’s privacy.
“I have great concerns about privacy,” Senate Majority Leader Cynthia Creem told the Herald. “I think we’re at a time where we’ve come so far in what we can do that we have to step back and say, ‘We have to balance the rights of privacy against the rights of public safety.’ In this instance, we don’t even know if this is working.”
Law enforcement regularly taps the Registry of Motor Vehicle’s (RMV) driver’s license database for help with facial recognition, submitting 265 requests in 2018, 29 of which from federal law enforcement agencies, according to Mass DOT.
An MIT study on three commercial facial-analysis programs found that the technology had more trouble identifying women, who were misidentified up to 20% of the time, and even more so with women of color, who were misidentified up to 35% of the time.
“It is absolutely unethical and unacceptable for the government or law enforcement agencies to use technology that is inherently racially bias,” said Kade Crockford, director of the ACLU of Massachusetts’ Technology for Liberty program. “First amendment concerns are not going to go away, no matter whether the technology is accurate or inaccurate because it is so profoundly dangerous.”
The ACLU supports a bill that Creem (D-Newton) filed to enact a statewide moratorium on unregulated government use of this technology because of concerns about inaccuracies, civil rights, lack of regulation and privacy.
“There are no rules,” Creem said. “We ought to be protecting and preserving our civil rights, civil liberties, racial justice and due process. This is just another example that flies in the face of those.”
But the technology is an important tool for law enforcement, according to Former Boston Police Commissioner Dan Linskey, now a Director at Kroll, a security consulting firm.
“I don’t think a moratorium is a good idea,” Linskey said. “I think we’d do a disservice to our communities to tie our officers’ hands like that. That being said, we want to make sure that we’ve got the deployment of any technology that is respectful of civil rights and privacy issues.”
A similar ban was just proposed in Somerville by City Councilor Ben Ewen-Campen, who introduced an ordinance Thursday night.
“Even if we had perfect technology, this raises very serious questions about basic privacy and how much power we want to give our government,” Ewen-Campen said. “I believe this conversation needs to happen out in the open. Transparently.”
Q1 must be outstanding!Please make the bad man go away!
Wtf! I owned a sales agency for over 30 years and at the end of every month and especially at year end I had manufacturers pushing really hard for orders to meet forecasts. It had nothing to do with payments...ORDERS! Biokey had the orders in-house needed for a great 4th quarter and year. All of a sudden orders don't count unless they're paid for? That's not the real world, I'm afraid.
That's what I call a lucid elucidation!
Yes, and about time!The company had to be profitable for the incentive plan to kick in.
Looks like they turned a profit.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 21, 2019, BIO-key International, Inc. (the “Company”, “we”, or “us”) issued options to purchase share of common stock to Michael DePasquale, our Chief Executive Office, and Cecilia Welch, our Chief Financial Officer, as follows:
Named Executive Officer - Number of Options
Michael DePasquale - 33,334
Cecilia Welch - 25,000
Wick...true, but "Freddy" will make it all better!
April 2nd? I hope they need the extra time to sort out all of the exciting information on the 4th quarter and the 2018 year end reports, along with what we can look forward to in 2019.
I wish I had some extra money to buy/add here.
I guess $10MM in new orders doesn't pack the punch it used to. This lack of buying boggles the mind.
I just opened it with no issues.
I'm guessing that a man who has made millions taking calculated risks knows more than the collective amount of posters on this board. Maybe he'll be purchasing large amounts of shares at these prices. Maybe he bought shares at the recent offering. Maybe there's a larger plan than what you are aware of. Do you think he's that stupid? I don't.
"Many here wonder why the largest investor buys at $3.60, I wonder why he buys at that price and doesn't push qualitative changes through on the executive level." I agree, maybe/probably he knows something we don't.
They may be working on FR. jmho
Yawn, is the (red) paint dry yet!
Selling padlocks for $10-$15 isn't going to get them where they have to go. Master has a fp padlock. What company do you think will sell more? They are still sticking to guidance, for now. I'm starting to wonder. Could we drop below a buck which would warrant a rs to stay on Nasdaq? I'm praying for a happy ending.
Yes, an impressive resume, but like everyone else ...no results. Glad to see her go and save $200K. Should Mike follow her? I would say so. Jay Meier, what an impact he made!!! I still think he's Seanboy...lol.
iam4...with all due respect, everything you said in your post is pure conjecture. Maybe, just maybe, she was not performing/producing as expected/required. In other words, not earning her keep.
Barbera Rivera has resigned and has properly given her two week notice. The question is why?
Interesting..."Warrants are not popular in the United States, but they are common in other countries like China."
If so, that would make sense. Similar to a "make up call," considering the shares he purchased at $3.60.
Being a board member, Wong was involved in the decision making process. Why would he slit his own throat?
$1.50/share?! Is that typo?
Bio.....I think we may get a surprise in this month's Q2 report. Ideally, I'd like a strong quarter with an increase in guidance. If not, then Q3.
Bio...nice call! How about tomorrow...lol?!
Hopefully, we'll get a report of a surprisingly strong Q2. If not, it's going to be 5 months like no other...I guess. Mike always fulfills his promises, right? Trading at $1.98 means nothing? Will trading at $.98 mean anything?
Me too! Oh, I forgot...I'm broke.
Close under $2...today, tomorrow, or Friday? Perhaps we go to $1.50 or so, then "rally" to $2.50 with some good news (muffled boom)!
How is driving the share down helping them? No one seems to be buyng on these mouth watering dips.
Very clever, wick!
BKYI should change its stock symbol to REDD.
Wick, I thought you told me that you don't delete posts, that the ihub police do.
A revelation.