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Nice close!!
Mark said in the CC we would be in their new models which will be released in the next 12-18 months- (as of couple months ago?).
Wow you're right I can't read lol
That sucks…. it'll be after trading hours today. Oh well. Tomorrow will be interesting.
I think it looks like covering before the presentation but could just be reading into it too much.
They asked the first question!
Isn't it today?
Isn't it today?
SS- those #'s sound good; just wondering- are you accounting for multiple parts per build, as well as type of part? I would imagine the cost of a hip implant would differ from a car part which would differ from a custom design for xyz. I imagine they would do some marking up of certain things based on complexity/time also. Still nearly 600-700k manufacturing alone, not including PrintRite sales (which conservatively let's say generate 1,000,000 this year, since I think that's about what our existing contracts equal between the America Makes/Honeywell deals, and assuming at least one delay in accounts receivable). << pretty sure all the existing PrintRite stuff together is more like 1.5 mill but who knows how long it will take ALL the money to show up- sounds like, per the CC, Mark acted like we're last to get paid on these research projects, and it can take months for everything to trickle down. I'm expecting 1.5-1.7 mill rev's for the year as a low estimate. If we get more contracts (with faster payment turnaround) could be higher.
Targets?
Like they did with multi axis CNC milling; but additive not subtractive. I like it.
I took it to mean that they can do that, and it's compatible with that.... But in a practical setting where companies each have their own way of doing things (not to mention people whose jobs it is to make sure things are going accordingly) they may not all be interested in adopting it right away, near-term. It's a more complicated process than your standard CNC machine (which has had closed loop control for years now) due to having so many different factors going on- the cooling metal, the deformation, etc. My husband just did a project on Scale jacket for a large steel manufacturer trying to figure out why some of their samples turned out flaky and others with a more solid jacket; and while the data showed some loose correlations (he suggested changing the speed at which it is rolled as an option to get it to do what they want) there are so many factors in a real manufacturing environment, some people would still want the option of manual control to tweak it as the parts are being made and/or between parts rather than relying on either our machine or the printer machine itself to handle all the calibration. That's what a lot of the quality and process engineers do in metals manufacturing… it's their job to make sure things run right and sometimes it takes a person who can see not just the local environment of what's going on in the machine, but also the larger factory environment- to get at the root cause, if that makes any sense. Right now my understanding is that Print Rite alerts the engineers monitoring the build to conditions which could lead to a defect so they can stop the problem before it starts, or at the very least before the next run. For instance, if the Quality Engineer sees a bunch of parts flagged as potentially defective, he would know to alert the maintenance tech guys to change a certain parameter that would make the next round of printing go smoothly. If it should happen that they perfect it to the point of operating as flawlessly as a CNC machine, yes that will be like the Holy Grail- but I don't foresee that for another 5, 10 years. It would require us being fully integrated into an actual AM machine (maybe the Additive Industries one, maybe another) written into the controlling software (i.e. why we've partnered with materialize?) and probably a lot of other things I haven't even thought of. It's on the horizon but several years away, IMO. That doesn't mean what we currently have isn't needed- it sounds to me like they need our Quality certificate to assist with certification and liability since printer manufacturers only verify that the machine did what it was supposed to- not the quality of the actual part.
I really like Vivek's CNC Machine analogy. Spot on! That man is an excellent public speaker- makes it so easy to understand.
Where in the world are you seeing they paid themselves at .053? Warrants 'due'? A warrant is an option to purchase at a certain price. It is up to the warrant holder to pull the trigger or not. Are you talking about the I think .08 warrants from eons ago?
I don't think so- it's for hip implants, mostly. http://www.moriarty.com/depuy_hip_recall/content/inline-images/DePuy/pic3.png
Wow great catch!
Vivek used to work with Pratt and Whitney, too. :)
I think you're right I'm just saying even in the most ridiculous scenario we could theoretically do it. I think it took awhile due to the delivery of the machine, parts, and tweaking. We don't really know when they installed it just when it premiered but it had to have been awhile back if they had all those precision parts printed in house for examples.
Considering just about all their components are sourced from elsewhere it does not seem like it would be too complicated for a handful of people to assemble. I mean, let's say GE installs 100 printers…. that's 100 PrintRite 3D's. I would think five people could do that in what, a month? With as slow moving as these big co's are that's not bad at all. All IMO. It's actually a fairly streamlined setup, from the pictures. We're not talking tens of thousands of units- but tens, and hundreds. IMO. Our proprietary thing is the software. The hardware we get from other places. Look at the data sheet.
That's a very good point. And remember Honeywell's long term plan is to have us included in the standards, per their own slideshow.
Right- but I thought the relevant part was for 25m? up to 100m total down the line but 25m initially?
I think people are worried about it, but needlessly. As far as I know, the max they can raise is $25m worth; but the # of shares they can issue can't exceed their A/S which is way less, unless the price goes sky-high beforehand.
They are debt free as it is....
lol!
Among engineers, GE has a pretty bad reputation in terms of how they treat their employees. Source: Friends in the industry that turned them down.
I doubt they'd make any money off them, but at least this part checks out- scroll down to 'company credits' … http://www.imdb.com/title/tt0489244/ …. I didn't get what it mentioned in the 8-K about the purpose of acquiring these films…. for demonstrating something?
OTCQB on E-Trade
Don't we have the patent on this? I assume they'll be forced to work with us but could be wrong.
Almost 2 years ago- back in 2013, Mark said that they were in talks with 2 of the big 3 manufacturers….. it was the time when DDD SSYS and ExOne were all being thrown around on the board before we knew more in depth about Morris and which printers GE uses. I'm gonna go with- it's entirely possible. I'm happy enough with the Additive Industries agreement but if we got DDD that'd be amazing.
Sad, more like.
Link to GE fire: http://www.cnn.com/2015/04/03/us/kentucky-ge-fire/
Edit: My mistake- they make appliances there; though do work with U of L's grad department on additive stuff.
http://www.courier-journal.com/story/news/local/south/2015/04/03/fire-general-electric-appliance-park-louisville/25231963/
I forgot to post this several weeks ago- GE had a major fire at their Louisville, KY facility during a storm. I believe on Mark Cola's map of where we have machines, Louisville was one of the places- I wonder if any of GE's additive equipment got ruined. Anyone motivated to do some DD?
Ampedfantasy.com Alexa rating compared to RL: http://www.alexa.com/siteinfo/ampedfantasy.com vs http://www.alexa.com/siteinfo/radioloyalty.com
….was granted an exclusive license by The Los Alamos National Laboratory on patents related to nanostructured metals.
Thank you- she seemed in much better spirits today. She truly is a special girl. Thanks again! [and, sorry mods for the original post- my apologies for breaking the rules earlier. Thanks for letting me be a part of this board! I am always grateful for the wonderful DD from my fellow 'Sigmaniacs.] :)
Thank you so much! I was wondering who that was. :)
It looks a lot better. Nice!
What was with the acoustical frequency talk then? That's ok- I'm just confused as I thought that's what makes us superior. Am I thinking of how Inspect works? And didn't one of the deform blurbs make mention of thermal also to the point where the board speculated maybe PrintRite Thermal was no longer a separate endeavor? I could just be crazy/tired. My 13 year old goddaughter got in a wreck and lost her mom, and already lost her dad so we've been in and out of the hospital all week while the family debated custody. [pooped]. I just spent over an hour making a gofundme for her, poor thing.
Your link is a bunch of magazine covers…. which one is it in? Can you paste the dutch text here?
This concerns me:
extract calibrated geometry information from a photograph of each layer of the part.