Any guess on what could explain this recent spike? This has been such a miserable turd for me with the r/s and failed business it won't ever be profitable. I certainly don't think pivoting to a travel business is going to be any better.

XTI won't be an independent company after the merger. They will be a wholly owned subsidiary of Inpixion. I think that's a pretty big difference.
Per their announcement:
" Pursuant to the Merger Agreement, upon the terms and subject to the conditions set forth therein, Merger Sub will merge with and into XTI, with XTI surviving the merger as a wholly-owned subsidiary of Inpixon (the “Merger”)."

Yeah, sure it was.
Funny how r/s can bring out the ridiculous stuff.

Glad it helped. This is one of the more interesting of my holdings, especially with the spinoff shares and warrants. Hope it continues to be a great return for us all.

The last 10K shows 5.48 million class C shares separate from the class A. Seems to me they will be added to the class A as soon as they convert.
In a related topic:

(2) Excludes 13,800,000 shares of CXApp Class A common stock underlying the public warrants.
(3) Excludes 10,280,000 shares of CXApp Class A common stock underlying the private warrants.

Obviously when the warrants are exercisable the share count could change considerably.

The Company’s Class A Common Stock and the Company’s Class C Common Stock will be identical in all respects, except that the Company’s Class C Common Stock will be subject to transfer restrictions and will automatically convert into Company’s Class A Common Stock on the earlier to occur of (i) the 180th day following the closing of the Merger and (ii) the day that the last reported sale price of the Company’s Class A Common Stock equals or exceeds $12.00 per share for any 20 trading days within any 30-trading day period following the closing of the Merger.

No prob, the only reason I posted it was because you said they were convertible after the commons trade at 12.50 for 20 days and I saw nothing like that in the filing.

My post was copied from their filing. What is it you want to say about it? It seems pretty straightforward about how and when the warrants are exercisable.

The Public Warrants will become exercisable on the later of (a) 30 days after the completion of a Business Combination and (b) 12 months from the closing of the Initial Public Offering. The Public Warrants will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation.

Sorry, my last post was the criteria for the conversion of class C shares into class A shares.

I'm pretty sure it's any 20 days within any 30 day period.

I got mine on 3/15 and they have been freely tradable since then. If you didn't get any then you probably weren't a holder on the record date.

Where are you getting your info on the warrants?
As far as I know the warrants I hold give me the right to convert them to class A shares for $ 11.50 each. I haven't seen anything regarding the company redeeming them based on market prices. If they did, what would they redeem them for?

No they didn't. Less than 3 Million shares for the day.

Ted,
As always you are a great contribution to the board. That was a great read on the digital certificate situation in Europe. Much appreciated.

If he is still employed there then 4yr 7mo seems about right, as 2016-present implies. If he's not currently working there then it could be anything in between, right? Use a little common sense. Maybe, just maybe the page hasn't been updated in a while.

You mean it's holding steady because it's not trading, go figure.
Please tell me you weren't serious !

DJ,
Trading should resume after the suspension is lifted, but not in the normal way. When MM's are prevented from making a market for that long they cannot resume trading even though the suspension is lifted. It should resume trading on the grey market which is a matched trade system. There will be no current bid/ask quotations. You can make an offer to buy or sell at your desired price but no guarantee it will be accepted or executed. I was involved in one late last year and the trading was extremely sporadic and volatile (both up & down). The company must submit a form to try and get a MM to accept the responsibility/risk of making a market in a stock that is most likely a complete scam at that point. It's almost unheard of for that to happen. If you are a bag holder err.. I mean stockholder you may not get much of a chance to get out. Hope it works out for you anyway (it could).
Regards

That's nothing. Here's my PROOF of a good day for me.


See how easy that is.

Isn't paper trading fun. Too bad you can't spend it.

My post was in response to this:
"So what happened to cause those two peaks between 3/18/10, 03/16/13? Pennies and new companies are notoriously volatile but $400-$500 a share difference in price? Where does that come from."

The post and my response has absolutely nothing to do with cost basis.

I dare say there's a lot of people who are very interested in this. I actually thought of starting a pool on here after the trade suspension to see who could guess what size of orange jumpsuit KB would be given.
I'm still curious to see just how bad it really is for him. Even if no other info comes out it's been worth every penny of my I hub subscription cost already. Many thanks to you and the others for your time and effort.

So you invented time travel while you waited, amazing!

Anyone this bad at math probably shouldn't be investing.

wick, as I said it wasn't an attack, merely a rebuttal to the comment you made about inspection of parts, I made no mention of why there has been no sales.

wick,if you have been involved like that then you should know that no quality mfg. process can work by checking the first part and none after, right? That seemed to be your implication in the post I first responded to.

That certainly could explain why the SEC decided they didn't need the 3rd interview with KB. They obviously heard all they needed in the first two to make up their mind to suspend trading.

HFM2,
you asked:

Since this has been brought up many times by several different posters I thought I could shed some light on it based on a 40 yr. career in the precision tooling/molding industry. I work for a high end mold building co. that specializes in high cavitation molds for many global manufacturers, many in the medical device space. A high cavitation mold (for us) would be in the 96 to 128 cavity area, depending on the size of the component being produced. A typical cycle time would be 10 seconds or less for a small component. Just to put that into perspective for this discussion the production volumes look something like this:

96 components every 10 seconds= 576/minute
576/minute=34,560/hour
34,560/hour=829,440/day
7 days a week=24,883,200/month
24,883,200/month=298,598,400/year assuming 24/7/365 production of a single mold.
A typical mold can cost between $500K-$900K depending on complexity. Manufacturing lead time is typically 16-20 weeks. So a couple of things are pretty easy to project. If the test meter needs multiple components then you would need multiple mold purchases to produce each component of the entire assy. In addition you would need more than one mold for each component to get anywhere near 520 million/year volume.
So DECN would need many millions of dollars to ramp up to that kind of production. Is it possible? sure, but not in a year from now. Some of our customers produce Billions of components a year from our molds, but they have 10 or more of them running at the same time and it took years for them to get there. I'm not trying to start an argument. I just thought a little reality check wouldn't hurt the discussion.
Regards

The truthfulness of a companies public statement regarding it's leadership and financial situation should be important to anyone who takes the time to read them, else why read them at all. It should be just as important to the company to assure that public filings/reports are truthful before release. There is no need or desire for me to call the company, the statements from DECN are clearly not to be taken at face value when read by the public. If the public info from the company isn't truthful then how would a call to the same people that made the statement help?
like I said, both of the compensation statements in the report can't be true at the same time.

It matters because they can't both be true at the same time.

So which is it ?
Mr. Berman has not received any form of compensation as a result of our limited cash flow.

OR

Mr. Berman has agreed to accept stock and/or stock option awards from time to time as his compensation.

Seems a little odd that most of the gains for the day and 200K shares were in the last 60 seconds.

Probably not til Friday. Better load the boat now before it's too late! LOL

loan,
I tried to get look at it on PACER last night and their home page said they were having some sort of tech issues.
Any chance you would be willing to offer a short cliff notes take on it?
Thx

I agree 100% .Whatever keeps it so high is a mystery.
It seems like it should be at least down to trips zero's by now knowing all the scams Koos has been in the past.
Maybe next week!

So they added 14 more days to the month of October?
Is that legal?

Up 21% on big volume and not a single post. Hmmmm

Well your wait is over!
As you will see the local prognosticator was spot on about how easy it would be to get the "lip poop' in all those hundreds of big retail outlets.
Prepare to be amazed as you scroll down and see the truly astonishing sales amount of $1,188. I'm almost in tears from laughing as I type this out!
I'm sure there is more treasures hidden in there as well, I just don't care enough to read the whole thing.

If that second statement isn't a huge assumption what is it?

IPwatcher,
You said:

Now read this statement from DECN:




Could you explain how you came to the conclusion that the outcome of the current infringement case (as yet unresolved ) has "little or no bearing on the sale of the Lifescan franchise" when a significant portion of the revenues are derived from sales of the strips whose patents are in question?

I am in no way implying that DECN is on the verge of winning $400 million based on this case. The current share price of 0.05 says the market agrees. My point is that if there was historical infringement by JNJ of a patent that was valid at that time it would seem to imply that going forward they may not have the same leverage/tools available to them to maintain market dominance. If the current case were to be decided against JNJ (wouldn't be the fist time they lost) why wouldn't that impact the value of the franchise regardless of who owns it?
Thanks for your insight.
regards