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Well, technically one prototype was already "launched" 2 years go. They've been trying to make improvements ever since. Nobody knows when they will be complete.
Hi, welcome.
Not sure about unbiased (everyone has motivations), but try to call it like I see it.
Cannot be sure why they would not have received the grants. But, according to the release that was issued it was about SBIR grants and those are awarded in December (from what I read). 3DIcon was not on the list.
While the technology is exciting, the truth is it would appear they are still trying to put together the fundamentals of CSpace. When you are a government agency or another company, I would assume your preference would be to invest in a technology that is proven and ready to go. If not proven, the 2nd best option would be to invest in a technology that has sound fundamentals but may need a few minor adjustments to make improvements. You would probably hold off on investing in any technology that is still building a base -- no matter how revolutionary you may think it is.
As far as I can tell, 3DIcon is still figuring out the base. And the reason I say that is due to a few observations. They appear to still be trying to develop aspects relating to nano materials. These relate to the fundamental structure of this technology and impact what type of resolution is achievable, color, frame rate, etc. So, if they are bringing in OSU and Dr. Hoover to work on this after going to Berkeley, I get the sense the technology is still not up to par with what they are looking for. In my reading of the last few papers, the resolution seems low compared to what they say it should be able to achieve (800 million voxels). And the papers indicate this has to do with the nano materials (crystals, etc.).
I do not recall seeing Berkeley in the 10K, but I would probably have to go back and double-check. As I discuss above, my feeling is the crystals got from Berkeley were not quite enough. My reading of the crystals is you can only grow them so large before you start losing resolution. If the company wants to develop a 8" prototype, that's much larger than what they've shown before (I believe) and I think they are trying to determine how not only to not lose resolution, but improve it. That's why I think they've brought in Hoover and the OSU lab.
Correct, that has been one of their goals. This one seems more focused though. As I mention above, I think they have made significant advancements and are on their way. But, as with every developing technology, you'll always encounter issues you did not think of before hand and then need to make adjustments.
Did not hold support at .055. Next support level is .05.
If awarded prior to the 10K being released, the company would have mentioned it in the 10K. Plus, either the NASA or NSF grant money for the SBIR is awarded in December. 3DIcon wasn't on the list. So, I believe they would have to wait until next December (though the winners are announced a couple months prior, I believe).
Plus, I was taking a trip down memory lane to see how investors reacted when TDCP was awarded the OCAST grant of nearly $300K in 2008. Chart is below -- reaction wasn't great.
Yep, they do it quite often. It's obviously great they do it as it gets the company on the radar of more people. Just saying it's nothing new. Unless of course he unveils something we haven't seen before this time.
Here's a few of the PRs I quickly pulled from before. Probably more.
1) http://ir.stockpr.com/3dicon2/news/detail/743/3dicon-to-present-paper-at-spies-security-defence-2010-international-symposium
2) http://ir.stockpr.com/3dicon2/news/detail/703/3dicon-presents-3d-visualization-paper-for-its-cspacer-to-spie-medical-imaging-conference
3) http://ir.stockpr.com/3dicon2/news/detail/663/3dicon-technology-highlighted-at-spie-europe-security-defense-symposium
You do realize he has spoke at these conferences before, right? Not saying that he won't be presenting something exciting -- just saying he's spoke at SPIE conferences before.
The 10K is the annual report for last year. The subsequent event portion would have pertained to the first quarter. That's where people expected to receive some news. There was none.
What are you talking about? It broke major support and now sits under it. The chart looks terrible. So you can try hitting the ask as much as you want, but obviously people are more cautious now and not going to buy because you come in and pump it in capital letters.
Oh, and please stop with the bold and all capital letters for every post. Thank you.
Already didn't hold. Someone unloaded 1.5M shares at .058. MMs not going to want to sell those shares for less -- they lose money. So they'll support it, unload and it'll move down. Unless some major buying pressure comes in and keeps it up. Otherwise, it's just patience.
As I said, watch for it early. .06 was pretty strong support that developed and it broke down below it. So probably a pretty red day today.
Well, tomorrow is either very red or it holds .06. There was quite a bit of support at .06, but watch for it early. In the past, we have generally blown thru support first thing.
Yeah, I don't know why I always call them GG...
What management wouldn't want their PPS much higher? Obviously, a higher PPS would be much more beneficial to their financial situation. But, the PPS does not just rise because they want it to or we want it to. At some point, there has to be something more than speculation causing the rise. Otherwise, the dilution outweighs the speculators as it has done for awhile now.
I still chuckle at how MK used to say he wasn't trying to build a share price but a company. Well, that's very noble but at some point I wonder if he realized they're one in the same.
I would not say management is "desperate" to get the PPS to .21. GG has waived the penalty clause for years -- just refer back to previous filings.
My observation is that the PPS is currently on unsettled ground and I would advise caution. To me, multiple 30%+ swings in a week signal a lack of confidence in longs and large trading activity by swing and day traders who are jumping in and out inflating the price at the high end and causing massive panic selling to reach lows.
The volatility and lack of support is also evident in rebounds that have generally been catalyzed by low volume with small hits on the ask. For example, on Friday, it settled around .065 and looked to sink further. The spread increased to .065/.069 -- the position of the ask far higher than the last sale during a downturn typically signals the market makers are about to walk it down again. However, a small buy of 5,000 shares came in at the ask at .069. Another small buy of 5,000 shares came in at the ask at .071. From there, I believe it enticed a small pool of other investors to buy in thinking it was rebounding and they may miss the boat. However, the price never moved much higher from there for the remainder of the day. And the volume remained relatively light with selling pressure in the .07s still outweighing buying pressure.
So again, I would be cautious. GLTA.
I think George offers a different opinion and one that is not completely out of left field. His perspective seems realistic, so while you may not agree with what he says, I would encourage you to balance his opinion with others to form your own. And if after listening to his, you still dismiss it, then that's your right.
Seems to be holding near $2.00...
Definitely needs more action to tighten the spread
Apparently they PRed just that. Looking at the earlier PR, the pre-production units and prototype are the same.
Wanderport is delighted by its recent accomplishment of determining the proper dimensions for the heat exchanger chamber. This allows the company to fulfill its next engineering milestone which will be to assemble the heat exchanger with those dimensions. The eventual pre-production unit or prototype will follow in a relatively short time frame. Soon after, anticipated efficiency claims and specifications will then be ascertained. Timeline for the unit's completion will depend on the required time to produce the heat exchanger according to the new dimensions and further instruction from Mr. Simoneau who returns from his travels to Asia January 14th, 2011.
Succeeding a pre-production unit, Wanderport shall seek UL approval and other necessary certifications with the assistance of their US distributor, Utilities Marketing Concepts (UMC). UMC's involvement will definitely accelerate the process. Wanderport values its distribution agreement with UMC and prefers to define the relationship as a flourishing joint venture where UMC has already prepared marketing channels and designed installation kits for the product as well as, sourced US manufacturers willing to finance components for a first full production run which Wanderport hopes to begin this year.
as strange as this sounds...that's somewhat good news to me. i expected it to be over a billion.
good close at .081. now we wait for the 10K...
Can they overnight the parts? :)
Someone knows the person in charge of PR at the company, correct? Maybe someone should put a call in and tell them the PR is very confusing and could they clarify...
Yes. I am fairly new here, so I am not as up to speed as the rest, but correct me if I am wrong...
There are 2 units -- one unit is a "point of use" unit and one unit is a "point of entry" unit. The "point of use" unit is less complicated and costly I presume and they decided to move forward with that unit first, correct? The second unit "point of entry" will be finalized and produced after the first unit then. Both units would provide revenue, but the "point of use" unit is being produced in April and will therefore provide initial revenues.
haha! Well, it is a very confusing PR to say the least.
Not sure what you are referring to. The way I read the PR is that they are ready to produce the "point of use" unit in April. This would mean the prototype is done and they are procuring all necessary materials to move forward with production in April. And they are even at the end of the procurement process according to the PR.
I think people are interpreting it as that they are still procuring parts for the prototype when I read it that they are procuring all material to move forward with production.
Didn't hold .08, but the fall thru didn't trigger much panic selling. Bid support building again and we're back above .08.
Well, .08 was some major resistance and it moved thru on large volume. Wouldn't be surprised if we see another EOD run like we have previously.
Never published.
Scandalous! That article is pretty damaging if true. Talk about needing to meticulously read thru filings. Rode this puppy up from near $2.00 to near $10.00 a few years ago. Was just watching it trade between $3.00 and $4.00 and contemplated getting in and riding it up and down. Glad I sidelined it!
No problem. Others has posted it too, so just wanted to make sure we are all on the same page.
Nope, I agree. Definitely no harm in posting. Just pointing out they've been playing it for awhile now :)
Just for the record because I keep seeing people post this and I don't know if people are aware or not. The next filing is the 10K and not a 10Q. It will be the annual report for 2010 and will not concern events in 2011 unless they issue a subsequent events portion in the filing. So, just want to make sure everyone is clear on that :)
Yeah, they've been pumping TDCP for awhile now. You can find them on Twitter -- they operate under a few different names.
Hi all. Attempted to slap the ask at .055 but filled at .0545 :(
Welcome aboard. The wild card is the 10K, which in the past has typically been published on 3/31 (that would be this Thursday). So, I am not sure how it will ultimately affect the PPS. I am not expecting anything significant in the 10K, but we should receive an update on the financing and the O/S. I think most people expect the O/S to have climbed and the question is, by how much? I know Razorback is also looking to see whether Golden Gate is still involved with the company -- they had been the toxic financier but have not filed their annual paperwork with the SEC so the belief is they may be out of the picture. So, until Thursday, I expect it to be fairly quiet and then we'll have to see what's in the 10K and how the market takes it.
Looks like we may be seeing our consolidation level develop between the mid-.06s and the high-.07s. I think at this point it would need to move below .06 or above .08 for any real buy/sell action to occur.
Just for the record...The company has diluted since its inception and will continue to have to do so until alternate streams of revenue are made available. So, to say it will not dilute, would be incorrect as it already has and for now will continue to do so. Just want to make that clear up front for people. I do not think most people who are invested care as long as the dilution is reasonable. After all, it takes money to develop the technology and they need the money.
I agree with most others about the R/S. I do not foresee that event occurring unless the PPS really tanks again into the subpenny level, which I also do not foresee.