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Ccb, thank you for the complement, but after reviewing your Post # 13228, you too have a unique way of offering your findings and thoughts to be appreciated.
I would imagine the forum will light up soon due to news generated with the “partnership arrangement”... there are a lot of valued opinions out there that we haven’t heard from in quite some time just waiting to chime in.
Long & strong eight years next month.
Boomer Sooner!
… and coincidentally, Obama will end furloughs of air traffic controllers in the not too distant future.
Where you been, Mogus? Are you keeping yourself out of trouble? And you haven’t aged a bit, I see.
Listen, to me the best news the last couple weeks was Mark’s casual mention of the “partnership arrangement with a large government system integrator.” I don’t necessarily like cozying up with one of the Feds major contractors but help with funding CSpace and digital signage plans are paramount in my opinion… recall the outcome of the recent public offering. And if Raytheon, Boeing, or whomever, wants to fund our Trade Show Prototype, so be it.
Welcome aboard Mogus… and stay aboard.
Boomer Sooner!
Sidney Aroesty, immeasurable value…
This sentence was last seen in the November 15, 2012, S-1/A, and was omitted in subsequent SEC filings: “Mr. Aroesty, a director on our Board of Directors, sold a company to Siemens and believes we could use his contacts at Siemens to market our technologies.”
Here’s today’s mention: “… Sidney Aroesty, currently a board member of 3DIcon Corporation ("3DIcon"), will be stepping down effective April 15, 2013. Mr. Aroesty will become Chairman of a newly formed Business Advisory Board of 3DIcon and will act as a consultant on an as needed basis. Mr. Aroesty retired as Executive Vice President and Chief Operating Officer of Siemens Medical Solutions Diagnostics, a division of Siemens AG in 2007 and joined 3DIcon's board in 2012. This move is in keeping with his long term retirement plans and reduction of business activities. The Company appreciates the efforts of Mr. Aroesty and looks forward to a continuing relationship as his leadership and business acumen have provided 3DIcon with immeasurable value.”
I like the creation of a Business Advisory Board and Sid as its Chairman. I also like that Sid, as “a consultant on an as needed basis,” can act off-the-cuff, so to speak, when needed his opinion without formal Board proceedings. To me, that gives Sid a lot of room to talk frankly with Mark about what he’s just found out. I also like the fact that Sid has had many business relationships with Siemens over the years. And I thought it curious why of all Sid’s lengthy bio that only the name ‘Siemens’ was offered.
Maybe now Sid will now have more time to reacquaint himself with his old pals at Siemens… or maybe he just wants to hit the links.
Boomer Sooner!
Posts 14839 through 14846 are some of the best commentary that I’ve read in quite some time on this forum. Thank you for your wisdom and personal insight shared in a professional manner about the Company.
Your information is useful and very much appreciated.
Here's the last PR concerning numbers, Ronnie.
http://ir.stockpr.com/3dicon2/sec-filings#document-14243-0001144204-13-009673
Rob, in answer to your questions, the original prototype was 2cm, I’m assuming in height and I cannot verify that. According to Mark’s last letter LP2 will deliver a 3D image 8x larger and 200 brighter that LP1. Also, it is stated that LP2 delivered a 3D ‘image’ 8x larger and 200x brighter than LP1. However, the ‘image chamber’ of LP3 will be 8x larger than the LP2 image chamber and 64x larger than LP1s. LP3s image chamber will be a glass or polymer cube.
It seems now that greater magnification optics is the concern. He simply wants to prove the scalability of the image within a given image chamber. How you do that? Beats me.
Your thoughts?
Rob, this is what we know of LP2 taken from the last S-1/A, February 8. Hope this helps with your increased size vs. resolution question.
In March of 2012 the Company implemented a new evolutionary, step-by-step commercialization strategy for the CSpace volumetric display technology. Under this strategy we are developing multiple staged prototypes (laboratory and trade show) with successively higher performance (brightness, resolution, and image size). Since then, we have made better than expected progress on the second laboratory prototype, which we call Lab Proto 2. Working off the CSpace architecture illustrated in Figure 2 above, Dr. Refai and Dr. Melnik have already increased brightness by 50 times (50x) that of Lab Proto 1 so that the images displayed by Lab Proto 2 can be easily seen in typical office lighting. Our technical team has also increased resolution by approximately five times (5x) that of Lab Proto 1.
Lab Proto 2 is a working prototype with significant improvements over Lab Proto 1 and was completed in October 2012. Our technical team is has increased the image size of Lab Proto 2 by a factor of eight (8x) and the brightness of the image by a factor of four (4x). Taken together with the 50 times higher brightness already achieved, Lab Proto 2 is 200 times (200x) brighter than Lab Proto 1. Because of the larger image size and the much higher brightness we achieved much higher resolution as well.
With Lab Proto 2 completed, the Company plans to develop a third generation laboratory prototype, Lab Proto 3. The goals for Lab Proto 3 are to develop a lower cost and more scalable image chamber material (plastic or glass plus phosphor), to enhance imagine brightness by ten (10x) by utilizing a new scanning system, and to use that new material to construct an even larger image chamber than we are building for Lab Proto 2. As illustrated in the CSpace Timeline (Figure 3 above), the Company plans to complete Lab Proto 3 by October 2013and believes that Lab Proto 3 should be the last laboratory prototype we will need to build.
Mark told us yesterday that our first challenge moving forward is to secure the required financial resources prior to hiring the talent necessary to complete commercialization of CSpace and fully implement his flat screen strategy.
Anyone care to elaborate on how this will be done?
Taken from "Our Growth Strategy" in today's S-1/A we completed Lab Proto 2 last month – a one month setback from the original deadline. The Company says that we plan to complete LP3 by March 2013 however the timeline graph shows completion April 30. That's it for Prong II.
Prong I difference may be the big difference. DTI is not ours. Acquisition was moved back to November 30. According to the last S-1, it was ours by September 30.
I'd be interested in the numbers portion. DTI may not be ours on the timeline graph, but may appear on the spreadsheets. Any bean counters out there?
Boomer Sooner!
These Dutch kats founded an apparent downstream company of Philips, their former employer, and have access and also the abilities to use the largest 3D patent portfolio in the world with personal ambitions of becoming the leading 3D technology company in the world. They are display guys and are well-trained and experienced out on their own and eager to offer end-to-end solutions for the flat-screen industry.
On the home-front, Lab Proto 2 has a few months more development and Proto 3 is in need of a strategic partner. We’re also in dire need of another sustainable technology advantage that would complement our CSpace advantage, immediately.
Seems like this company’s access to limitless second wave 3D tech may be ‘old hat’ in a few short years and these guys may want to learn some new stuff that has substance to it. However, they may have to ask permission from their parent company to share what they know and also fund their training.
I believe this company just needs some good display industry management to be a success not only in the second, but also the third wave of the 3D usage paradigms. And I know just the guy whose company can do it.
Boomer Sooner!
http://www.dimenco.eu/
Lingering thoughts…
The TSP will be self contained and portable, which will allow its showing to potential customers, partners and trade shows. Lab Proto 2 is being built step-by-step, but the TSP apparently has not been started – we don’t have a strategic partner, yet. So CSpace couldn’t have wowed the Europeans! What was it then? Was it Mark’s second wave minor wave discovery? It had to be. I don’t think the YouTube video could have done the trick, but at least they know about it – I guess.
And is there really an ‘acquisition’ deal with the glasses-free flat screen 3D company, whose technology is ‘compelling as our own?’ And if there is, is part of the deal our proving to them that we can both benefit – and continue to do so in the future – in order to consummate the deal? And what are we going to acquisition, their technology or their company or does it make any difference?
And I wonder if Mark’s discovery truly is nothing more than ‘live camera feeds’ – that fed viewers the basketball game being played next door… a year ago? And if it is, does 3ality Technica come with the deal? It’s a private company… too.
Is our validation of “potential downstream customers” nothing more than favorable discussions with existing flat screen 3D manufacturers impressed with Mark’s timing and marketing approach of enhanced second wave wares using our deal-pending technology? In essence, product cannibalism! And understanding these intentions, are they eager to partner with us realizing third wave advantages?
Hmmm… and if so, Mark must be asserting 3DIcon a major integrated company with downstream operations consisting of manufacturing, marketing, etc… with second and third wave proprietary ‘capture and display’ innovations being the upstream basis of operation. Could that be true?! If so…Hello, SAMSUNG! Hello, SONY! Hello…
And I wonder if Mark, Martin, Sid, Victor and John… and management of our “possible acquisition” company are, or have been, in China visiting with Dr. Li and her recognized firms for potential ventures, collaborations, alliances, and perhaps – acquisitions?
Acquisitions, acquisitions…
Discontinuous innovation…
Radical cannibalism…
Boomer Sooner!
"The right path..."
Excellent, Buddy.
I just noticed listed on iHub’s “trades” tab that a Form T Buy was executed for 50,000 shares at 0.1846 at 16:04:53. This buy totals $9230 and is of course the equivalent of 1.75 million shares presplit. Stock Charts currently acknowledges the trade in Volume, however, Big Charts does not. Both their Closing prices remain at 0.16.
Admittedly, I’ve not been watching the ‘trades’ lately, but has anyone noticed typical afterhours buys or is this just a rarity of late?
I thought the bottom line of the post was most interesting: “No way Mr. Willner puts out information like this without solid footing in his talks with Philips and Dolby.”
I don’t know about the Dolby side but I think the ‘solid footing’ derived from George Melnik – and got us a chair at the table with Philips/Dolby. Here’s George's recent history with Philips.
- Director of Strategic Projects at Philips LCOS Microdisplay Systems Germany
- Manager of Manufacturing Engineering at Philips LCoS Microdisplay Systems NY
- Technology Manager at Philips LCoS Microdisplay Systems
- Senior Research Scientist at Philips Research
- Senior Member Research Staff at Philips Electronics Corporate R&D
Pretty solid ground, I’d say.
Here's an interesting post from another forum.
Dolby Laboratories who Philips partnered with is, I believe, the key company talked about in the news release. Dolby was picked by Philips to accelerate the adoption of glasses free flat screen 3D technologies. Dolby works not just with sound but imaging as well. They have three offices in Europe (Germany). Mark just got back from Europe, so who knows maybe the ONE company they are in, what they called at this point, “non-binding talks” is Dolby. No way Mr. Willner puts out information like this without solid footing in his talks with Philips and Dolby.
“Every company we met with felt that our approach to the market was correct, that our market timing was good, and that they would be interested in either being acquired by 3Dlcon or forming a strategic technology or marketing partnership with 3Dlcon.”
Mark said this about Europe’s seven top ‘display’ integrators and technology companies of his so-called second wave 3D paradigm – the Magnificent Seven, if you will.
Well, seems to me, these Magnificent Seven are paper tigers. Here we are, this little R & D outfit out of Tulsa, Oklahoma, going to Europe and explain our market approach and proposed timing of – something. The Seven thinks this ‘something’ is good, they approve, and suddenly they’re interested in being bought out! Does that make sense? And if that’s not acquiescent enough, they’ll share their technology or they’ll market these wares with us – you just tell us! What?!
Listen, what was the bone thrown?
Something’s up. Quite literally! But what is it? What is so compelling about 3DIcon that the Seven would sell their house to join us? What is this – SOMETHING?
To me, it’s got to be the non-binding deal (okay, ‘discussions’) with “one of these companies for a possible acquisition” – and that company has THE second wave technology as “compelling as our own.” And I believe its management were along for the trip.
Seems like we have a lot of wares to build and a lot of excitement across the pond offering to help out. I wonder what’s going on across the left bank?
You’re right 737, Mark’s flying this machine. And I think the Board will approve of it.
Boomer Sooner!
http://content.stockpr.com/tdcp/media/9e5c74db897f8488ad74dbb6b4bf8547.pdf
CEO letter to shareholders just released.
It’s all about “display” – or is it?
I compared the Plan of Operation and Current Activities and Operations of the September 2011 10-Q, the December 10-K and the March 10-Q for any additions or changes to the verbiage. December’s 10-K appears that Mark had a hand in writing (it was filed April 6). He mentions, among other things, the usage paradigms of the flat screen 3D displays, which “are currently very expensive and low quality.” And that our CSpace technology “is a better fit and more advantaged” for industry specific system level products, of course, via the third major wave in the future. December’s language differs from September’s 10-Q and is unchanged in the March 10-Q.
What I didn’t know or at least understand that we, for some time, have had adequate means of recording 3D objects and accompanying patents and technologies that ‘capture.’ However, we don’t necessarily have the best means of ‘displaying’ those captured 3D images. That I did know. Consequently, we will narrow our focus “to developing 3D display technologies, intellectual property protecting those technologies and products that incorporate those technologies.” Excellent! Sounds good to me! Go, Display!
With that said, it’s a given that we have adequate means of recording – capturing – 3D objects and we’re going to focus on the ‘display’ side – right? Yes, no doubt. However, what do you think of this? “ We also plan to 1) establish strategic partnerships with the owners or licensees of certain existing 3D recording technologies and 2) as appropriate integrate our technologies and/or products into existing industry specific system level products.” What?! We’re planning to partner with the owners/licensees of 3D “RECORDING” technologies, too! I thought it was all about DISPLAY!
Maybe you guys caught this, but this dual focus of commercializing the complete spectrum of ‘capture and display’ went right over my head – and if you did, congratulations! But our entering this second wave flat screen 3D usage paradigm just got a little more interesting – at least, to me. And we’re going to do it with OUR technology and offshoot products entered into industry system levels and apparently ride out the minor waves.
Okay, here’s what I happened upon the other day and put two and two together after reasoning the above.
I was googling the ‘best flat screen 3D tech’ trying to find the company with technology as good as our own and found this read from April 2011: "This is the best autostereo display I've seen to date" stated Steve Schklair, CEO of 3ALITY, "For certain commercial applications, the 3D Fusion ASD is ready now, and this technology for the home is a lot closer than I previously thought… Also this: No other 3D ASD company has technology, which will support live camera feeds. This is an Exclusive feature of the 3DFMax 3DTV platform.
Is this THE technology as compelling as our own? Is it just about live camera feeds? I don’t know, here’s some more from the article. But get this. This is about the other side – capture.
3ALITY Digital, (now 3ality Technica) a long time leader in 3D broadcast has taken this opportunity to introduce their NEW line of 3D hardware and software products. As a leading 3D broadcast technology company, their technical expertise is second to none. 3DFusion is honored to have the opportunity of working with Steve Schklair and the 3ALITY Digital crew for this Live 3D camera capture historic event. “Their advanced 3D production tools will revolutionize 3DTV, and their state of the art technology solutions are a major advancement for 3DTV” stated Blumenthal.
And finally this: Now, for the first time ever the 3ALITY state of art 3D video camera capture technology and a 3DFMax ASD, “Perfect Picture” display technology are being presented as a complete television industry package…
Could it be our Board will be asked to approve Mark’s early market entry and partnership strategies for a complete television industry package based on the validation of potential downstream customers? Again, I don’t know. But here’s the article.
http://www.satelliteguys.us/archive/t-251819.html
Boomer Sooner!
Mark’s self-defined “second wave” of glasses-free flat screen 3D usage paradigm has just begun in his mind and won’t be over till it’s over. His experience and expertise in start-up companies, especially the display industry are a perfect complement to 3DIcon (paraphrasing his own words). He’s motivated by our proprietary tech and has a plan for it – and us.
I believe Mark cut a deal with the company that has second wave intellectual property as compelling as our own. He will either buy the company or its assets or license its IP exclusively, depending on the outcomes of discussions with potential partners and potential downstream customers. Potential partner talks will end any day and potential downstream customer talks will end around mid-June.
I also believe that Mark gained leverage with the owners of the best flat screen 3D technology by showcasing the EVTB and the innovations of Lab Proto 2. Something very positive can be gained in marketing the best second wave wares morphing into third wave 3D volumetric products in the near future.
So, will we buy the company and assets or license its IP? It doesn’t make any difference, the deal’s cut and waiting. Either way, we become the corporate company with our partner(s) agreeing to productize our intellectual properties, both second and third wave.
Next – the potential “downstream” customer’s evaluation.
Sue Childs and crew will have set through the development discussions with the potential partners and know the possibilities, expectations and strategies set. She then will have to evaluate these strategies of how our product will influence the attitudes of targeted buyers' and their perception of our proposed second wave wares and report her findings to Mark.
If Mark’s strategies and market timing are proven sound, the Board has no choice but to give his recommendations the green light. And we’ll know that decision around Sid’s anniversary.
Boomer Sooner!
I am too! After all, Mark says this company’s flat screen 3D intellectual property is as “compelling as our own” and we may enter that market based on that tech – soon! We should heed his words.
Here’s my best guess – it’s a private company.
http://www.3dfusion.com/news.html
Quoted 3DFusion C.E.O. Ilya Sorokin, "By being the only 3DTV platform to be math-based, creating a 'fusion' of PC driven algorithms and classical 3D pairs, we are in the unique position of now bringing to market the only credible broadcast standard ASD 3DTV solution, and the response from the 3D industry professionals has been phenomenally positive."
Boomer Sooner!
In addition to Mark’s April 16 technology update dealing with step-by-step development of our volumetric 3D technology, I believe we are continuing our focus into the “second wave” of his April 12 outline of the 3D industry…that being, the glasses-free flat screen 3D usage paradigm. This belief is substantiated by Victor Keen’s declaration in Mark’s March 19 introduction letter: "These changes in management are designed to focus the Company as it continues its efforts to develop 3D display technology for the current market and the next generation of products. We continue to develop CSpace, to seek development partners and to explore potential acquisition targets that have non-competitive 3D display technology currently in advanced stages of development or already commercialized and producing revenue."
To me this is key. Mark knows of second wave technology that is second to none and is anxious to acquire it and market it. Thereby getting name recognition in a short amount of time based on quality product. If he’s successful in the company buyout or exclusive licensing of this technology we’re at game plan. Here’s what he said: “In order for us to move forward on either of these options, we would need to gain a significant and sustainable competitive advantage in addition to generating revenues.” In other words, if we can’t gain and maintain advantage over our second wave competitors and also realize profit from the deal, we may back away. Positive analyses of his findings are crucial.
I believe Mark desires this second wave strategy over any other at this time simply because of the previous mentions – although, no doubt, alternative strategies are at hand. I also believe he has his marketing, development, and publicity teams ready and waiting, and they know what they will be doing because of their directives. Mark is thorough. And Mark knows the Company. After all, he’s been around since early October.
I wish I knew the name of the company that has second wave technology “as compelling as our own.”
Boomer Sooner!
http://content.stockpr.com/tdcp/media/d9dd3bae69ec303dad4deaa813c0d08b.pdf
All yours. Haven't read it yet.
Boomer Sooner!
After reading and rereading Mark’s first letter to shareholders, I’m enthused, impressed and pleased with what he intends to do. Discontinuous Innovation comes to mind. That aside, it was meant to be. It was meant to be that Mark write this letter. And to me, Mark was meant to replace Sid. It was meant to be that Sid replace Martin. It was meant to be that George advise Hakki. It is a natural and wonderful progression, quite simply.
From what I understand, he’s approaching the 3D industry with a ‘step back’ – to the 3D display industry, something he and George know something about.
He outlines the three major “waves” of the original 3D paradigm from glasses-based flat screen to glasses-free flat screen to glasses-free volumetric 3D. I think what Mark is saying, in order for CSpace to not only compete but lead the third wave, it must wait and step back to the second wave of glasses-free flat screen and be gradually introduced within a viable, known, and established company – us, 3DIcon! Mark also mentions this second wave technology is as “compelling as our own.” Apparently, we’re going to acquire assets or companies – or purchase and/or license 3D technology to accomplish this with the help of a “strategic partner” to commercialize and market CSpace wares, ultimately.
Enter Mark’s business side, which in my mind is just as impressive as his tech side. In essence, we’re going to pickup and adopt this second wave technology and commercialize it, giving us time to improve Lab Proto 2, de-risk and further validate CSpace for more rapid development of the final TSP, ultimately marketing its derivatives via wave three. Then continuously market the “minor” waves of improved-upon CSpace derivatives from there. Aren’t we lucky?
All some venture, corporate, mezzanine funding has to do is de-risk us and we become a sustainable “growth” company. And I believe Mark knows how to do this – no doubt Sid and Board think so, too!
Some people just know how to make business happen and he believes we can’t enter the third and final wave without second wave financing and revenues. And I believe him.
Boomer Sooner!
Lane, you may be right. We don’t know the requirements of Dr. Hoover’s contract. What we do know are statements from PRs, which are very closely scrutinized by all concerned. From the March 2 company release:
"I'm excited to help 3DIcon bring the latest advancements in 3D imaging to market… and I look forward to working with 3DIcon's technology team to meet the requisite milestones for CSpace to reach customers in government and industry," stated Dr. Hoover.
From his current LinkedIn profile:
February 2011 – February 2012 (1 year 1 month)
Lead development of CSpace autostereoscopic display to marketing prototype
Initially, he had to take something to “market” and claims later that he built it for the market. Maybe that’s his gripe, I don’t know, but question: What was it that wasn’t brought to market? The EVTB or the TSP?
Good DD onelove!
Personally, I hope RonnieD gives us his take on the next report. We may not all agree with his assessment… but what’s new?
By the way, when’s the next one due?
Sid’s letter to shareholders’ in a few days may define to a certain degree the status of the EVTB and also the TSP. The following was taken from Artsy’s excellent notes of October’s meeting:
“The board said they have 6 stages on line for completion:
1. Preliminary Design
2. Material Research
3. Facility Transition
4. Engineering Verification
5. Critical Design
6. Build Full Prototype
“The first two are almost completed. ...”
And perhaps I’m one of the lucky few.
Take it as you will since you don’t know me, but you’ve read enough of my posts to at least have a comprehension of my leanings – as do others. A “fluffy PR?” Do you really need my answer?
Okay, I think I’m understanding this… Just let the man do his job! I got it. Finally!
And you’re right! We don’t need a PR from our CEO when things are in such good shape just 6 weeks prior to the drop-dead date of the EVTB… such nonsense, we should know better!
Oh, and I just noticed we kissed pennyland again today, and let’s see, we have a RS sometime before April 30. Piece a cake.
I’m here to make bucks too, Razor. And I’ve been in this thing almost as long as you have. And I, like you, believe this man will deliver. But facts are facts.
Chart talk:
The 100 and 50 day MAs are converging just above the lower Bollinger Band on the daily chart with February pricing mostly within the lower half of the spreading bands. Friday’s close was at the 50 SMA support – will it hold? The indicators are in bearish territory and flat in direction.
On the weekly chart, we’re still closing within the upper half of the BBs and have been since the first of the year with one exception… Friday’s close of 0.0120 vs 0.0121, (BB) with the Bolli’s tightening. The Stochastics and Williams are in bullish territory but pointing downward. The RSI remains bearish and Volume lackluster.
Are the charts half empty? Or half full? I bet a PR would tell us!
First, thank you for your service to our country, Jim.
Whether or not Brian Hoover is still VP of Technology Development of 3DIcon IS relevant, regardless of our relationship/partnership with his company. For example, what will that do to the PPS when we find out, especially with the RS looming? It’s teetering now!
This is from AOT’s website of Brian’s bio:
… He also served as Vice President of Technology Development for Tulsa-based 3DIcon Corporation, where he oversaw the integration of technologies and resources in the development and commercialization of the CSpace® 3D display technology.…
Seems past tense to me! Something’s amiss here.
A PR is in order, simply said.
The question is: Is he still Vice President of Technology Development, 3DIcon Corporation?
“Looks like Brian Hoover may no longer be on the 3dicon team.”
That may be right Razor and thanks for your due diligence, but man, that’s unsettling to say the least.
Here’s what we do know:
From the 10-Q
The Company is developing the CSpace 3D volumetric display technology, specifically the Trade-Show Prototype (“TSP”), through the Sponsored Research Agreement (the “SRA”) with the University of Oklahoma and development contracts with Advanced Optical Technologies, Inc. (“AOT”) of Albuquerque, NM. Dr. Brian Hoover, CEO of AOT, has been retained as 3DIcon VP of Technology Development, responsible for integration of technologies and resources in the development and commercialization of CSpace. From March 2011, the company has mobilized a team including an optical engineer, systems engineer, computer-graphics specialists, and consulting mechanical and design engineers (through Comet Solutions) to develop the TSP design, conduct computer-based modeling and simulation, design and construct a physical laser and materials testbed at the OU Tulsa laboratory, develop an online program-management system, find and qualify new facilities for TSP development, and help define commercialization paths. …The TSP is expected to be developed at new facilities in Albuquerque, NM.
From Sid’s November 1, 2011 letter
“I spoke of the new additions to our Technical Development Team, including Brian Hoover, our new VP of Technology Development, Patrick Davidson M.S., an optical engineer… The addition of Dave Taliaferro, an experienced technology development project manager and systems engineer, to support Brian Hoover in planning, executing, and controlling the TSP Development Project was also detailed.
“I noted our recent consideration of a new facility in Albuquerque, NM for building out the Trade Show Prototype (TSP). The current facility at the University of Oklahoma laboratory is simply too small to allow us to assemble the technical staff necessary for the project’s completion. The facility under consideration is approximately 3000 sq. ft., and is located next to the Sandia National Labs and the Air Force research labs. Albuquerque is an ideal location for sourcing the high-tech workforce necessary to complete the TSP.”
Brian Hoover's Experience
VP Technology Development - 3DIcon
February 2011 – February 2012 (1 year 1 month)
Lead development of CSpace autostereoscopic display to marketing prototype
“…display to marketing prototype.” Could it be the EVTB is history created in Tulsa (awaiting a PR) and the TSP will make its debut in Albuquerque – with Brian’s contract renewed?
“… For example, one brokerage house will not accept the deposit of shares with a price below $.10 – we understand that even brokerage firms specializing in self-managed brokerage accounts have restrictions against depositing shares trading below prices as high as $1.00, and others are following suit. We don’t know what the price of the stock will be prior to a split and want to have the ability to get the price high enough to avoid some of these restrictions.” (Excerpt from the Sid Aroesty November 1, 2011 letter to shareholders)
Your example would not allow buying shares at 75 cents in some brokerage accounts post RS. I know of one firm that will not allow any buying of a stock priced less than $2, with some exceptions – TDCP is not one of those exceptions. Using your example of 5 cents, we’re at $1.75 at 35:1. Regardless of the EVTB/RS scenario, seems to me we will be using higher numbers at the time.
Don’t know about the dime and two dimes predictions, but I agree with your resistance assessments.
Using ‘closing’ prices, 0.0159 is considered the #2 or the apex of the 1-2-3 Bottom formation shown on the daily chart, set November 7; 0.0151 is the #2 on the weekly chart set November 4. With a closing price above these numbers on their respective charts, we’ll have broken first resistance.
Both charts indicate a lot of buying in mid-June to mid-July and also in mid-August to early September creating the next major resistance level at the 0.02 – 0.022 area… like you say. And look at the 200-day MA on the daily; it’s just above at 0.0228.
On the daily chart, we’ve finally broken the 50-day MA and is now support for any pricing pullback. And the 8-week long uptrend is testing the 100-day MA and teasing the upper Bollinger Band (0.0158). So if we bounce around this area for a while, seems to me, we’re just anticipating… waiting for something to break first resistance.
The charts say things are getting anxious. Not me. (I take that back. I’ve been anxious, for what, 6 years now?)
“The Engineering Verification Test Bed will be identical to the Trade Show Prototype model in every respect but will be somewhat smaller, approximately the size of a “snow globe”. (Excerpt from the November 1, 2011 Sid Aroesty letter to shareholders.)
Why will the world need the Trade Show Prototype when its little brother, the Engineering Verification Test Bed, will have proven its capabilities?
Well said, missionsman.
Here’s a 2012 Broker Guide I received today. I know we’ve had some discussion recently about what broker NOT to use. Hope this helps... And does anyone want to recommend any of these?
2012 Broker Guide
(Please note this list is in alphabetical order.)
Charles Schwab: Charles Schwab was the first discount broker on the market, and it revolutionized the way trading was done. While Charles Schwab may have been the pioneer in the discount broker world, it’s no longer the cheapest.
ChoiceTrade: ChoiceTrade is probably the most straightforward of all the online brokers. It has a pretty darn simple commission structure. If you aren’t an active trader/investor, ChoiceTrade may be a nice fit for you. There are no inactivity or quarterly fees if you don’t make a bazillion trades a month.
E*TRADE: E*TRADE is a cheap online broker mainly for active traders who don’t need a lot of hand-holding. While there are no extra commissions to trade OTC stocks, these trades must be placed with a limit order.
Fidelity: Fidelity offers a lot of research capabilities and is marketed for the more serious investor (with a higher net worth) who likes the bells and whistles of a full-service broker but the price and convenience of a discount broker.
Firstrade: Firstrade may not be quite as well-known as some of the other online brokers, but it’s definitely worth a look. It is truly a deep-discount brokerage service that should only be used if you need no help whatsoever.
Interactive Brokers: IB’s commission structure is a bit more complex than most, but it’s worth thumbing through. A lot of Penny Sleuth readers say that this is their favorite broker. Interactive Brokers is aimed primarily at highly experienced and professional investors. If you do not have investing experience under your belt, stay away from IB.
LowTrades: LowTrades is another good little discount broker to take a look at. As the name suggests, LowTrades is not expensive -- managing to low-ball even Scottrade. That’s because LowTrades was founded on the belief that there is an abundance of free research available to the average investor via the Internet. All it provides is a quick, easy transaction -- but that’s what keeps the commission rate so low.
MB Trading: MB Trading is another low-cost broker to keep an eye on. They offer round the clock customer support.
optionsXpress: A significant difference between optionsXpress and most of the other online brokers: optionsXpress charges nothing for trades made with a broker’s assistance.
PennTrade: PennTrade is the online arm of Pennaluna & Co., an Idaho-based broker. It has one of the simplest fee structures of any online broker. But simple doesn’t necessarily mean cheap.
Scottrade: Scottrade is one of the cheapest online brokers you will find. Like E*TRADE, Scottrade is a very bare-bones broker. But it is cheap!
ShareBuilder: While ShareBuilder is a good brokerage choice for new investors with limited capital and experience, its available stocks are limited to those on the ShareBuilder Stocks List, which doesn’t include many penny stocks -- especially those traded OTC.
SogoTrade: SogoTrade is another unique broker that’s attempting to take on the traditional price structures of the larger discount brokerage firms. Check out SogoTrade’s special offers if you’re considering joining -- they often give out 100 free trades for new accounts.
TD Ameritrade: TD Ameritrade is the company formed from the merger of TD Waterhouse and Ameritrade. There is no minimum account balance, but in order to be eligible for most promotions, you must have at least $1,000 in your account.
thinkorswim: thinkorswim may have higher account opening requirements than other brokers, but this award-winning company also offers more flexibility with access to futures and currency trading in addition to standard stocks and options. The company also provides its clients with advanced trading tools -- like its terrific trading platform -- at no charge, which is definitely a big benefit for more-experienced investors.
TradeKing: Unlike other brokers, TradeKing’s $4.95 commissions include broker-assisted trades, which often cost near $50. If you’re new to the investing game, and want a broker to help guide you through your trading decisions, TradeKing is a smart choice.
tradeMONTSTER: While options trading is tradeMONSTER’s bread and butter, this modern broker also offers attractive pricing for stock investors.
Trading Direct: Trading Direct is a division of York Securities, which was founded in 1979 and is one of the original discount brokers.
Zecco: While Zecco is a relative newcomer to the brokerage game, their low prices have been quickly attracting investors.
You don’t want to simply choose the broker with the lowest price... you may find that it is worth paying a little more. After all, how well your broker executes your trades can be the difference between profits and missed opportunities within your portfolio.
While our broker list does not cover every online broker out there, we hope it provides you with a good starting point.