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Agreed.. One thing interesting here is a large loss carryover company with productive revenues has a nice valuation potential in any takeover (buy out) discussion.
Well for one thing each news release is like preaching to the choir and we just don't generate enough volume in the stock to overcome relatively easy manipulation. A real revenue based roadshow presentation (valuation model) will eventually change all that if we are at the point of presenting real numbers. Our management is experienced however and I have no doubt they will incorporate a larger investor relations group when they can afford it and think the timing is right.
Thanks, I am just finding it curious that we are seeing this level of manipulation to assure we stay below .05. Makes me wonder if someone or a group has built a box in this stock and the short is unreported? If that theory is realistic my guess is the box started at the time of year ago company name change when the stock moved to .30 and wasn't tradeable to many of us. It just seems with Brio and Hudson sold out this is odd manipulation in the wake of positive news from the company albeit without knowing financial level of contracts? So due to timing I do not suspect La Jolla though can't rule it out.
No idea, just found it odd that a new mm showed up now. Any idea how much volume they have accounted for on the ask? La Jolla has pretty strict restrictions from shorting and manipulation and still think they did this funding as believers in the potential. I know we have no firm numbers on these last two contracts but realistically this is more positive news and would have suspected we would be at that .075 La Jolla threshold.
Hey gang, how long now has mm AABA Chardan Capital Markets been riding the ask? I don't recall them in this stock before? Just this week or two? Thanks!
Bravo and it is my opinion that the guy who funded the company and used his assets to secure additional funding through La Jolla, made way for a chairman that he entrusted from close contacts with day to day management could create the next step which would be to secure governmental entity negotiations and contracts. No hard feelings.
Play the devil's advocate fine.. I'll garantee you this Gotcha can't prove that he was terminated. Estrella is still CEO and continues to be. Phipps, then Clark own the most shares in the company with Raymer third in line. As we know the chairman has not been nearly as active in day to day business endeavors for this corp as the CEO. I'm sure if the new Chairman's contacts and associations yield governmental contracts, the old chairman will be pleased. Likewise the current officers and directors as well as shareholders.
Clark's house is on the line and Estrella the CEO is a close personal associate for years and years. Clark left on his own accord as stated earlier he intended to for some time and it was not an overnight decision. Clark has 26 million plus shares and money tied up as collateral, and am sure he felt comfortable with the new choice of chairman or would not have resigned. We don't know his personal reasons for departure could be family or health and any of a number of things and it is not our place to think anything else. Clark and Estrella put this FEMA rumor to rest at last year's shareholder meeting.
Well we would like to know specifics, but can't deny contracts with the government are positive and hopefully more to come!
Unfortunately a lot of the news releases are singing to the choir and most already have shares so hopefully as contracts become more robust they can manage roadshows for brokers as well. Regardless this is great news!
I could care less what kind of presentation Mr Bocchichio gives at the shareholders meeting. I do appreciate that he likely has great contacts and negotiating skill with government entities. Bring on the contracts.
Of course we also should acknowledge that it is likely his efforts and financial backing that allowed us to have the shareholder's meeting. Likewise without his negotiations with the SEC the company might well have gone away. I highly doubt he was forced out.
Thanks for your "feelings". My feelings are that Clark holds 25+ million shares of this company's stock for his feelings that he will make money.
Very positive news today as it becomes increasingly obvious the military has interest in the Argus platform. Love the potential also for border surveilance with this tethered design. Good luck everyone.
Thanks and agreed Dakota, the upside is where the real money becomes realized.
Yes that is my opinion
My opinion is that La Jolla would not bother with this financing unless impressed by the potential of the pipeline.
Making money is the motive.. If you have shares I think I'd sell as you obviously have no faith in management. And yes as funders they are apprised of the pipeline with more detail.
Thanks Mide, I also know for a fact Clark was not forced from his Chairmanship and this has been an ongoing process for some time even as he funded the company.
So Raymer had about the same amount of shares as Clark, about half as many as Clark and Estrella, about a third as many as Clark, Erdberg and Estrella, about a fourth as many as Clark Estrella, Erdberg and Phipps, about a fifth as many as Clark, Erdberg, Estrella, Phipps, Johnson, and a couple officers. Oh yes Raymer controls the show.... NOT
I saw the buy for 600k lta.. I also saw the short through dlny and vert for the shares. Just wondering if we have a lender on the short side here?
Perhaps we should also ask why they would bring another independent chairman aboard? I'm sure Estrella could have carried two titles? Perhaps that suggests there is a purpose in the new Chair being hired? How about the fact he has government contract experience?
You can believe what you wish, John, Rob,Helmut the third or whatever else you wish to call yourself. Perhaps you should give him a call and inquire? I am sarisfied with my answer and response as it entails some knowledge. Now if you know him personally and can vouch for his psychology perhaps I will give you some credence. I have no awareness of specific health issues currently but there is no question he has had a history of these concerns as well. There can also be an array of personal issues that might lead to such a change. I know I gave up my last CEO position for those reasons and never thought I had to list personal explanations except to a chosen few. I can say he has always had good faith in Glen Estrella and his abilities day to day as he has expressed such.. if things have changed I am not aware.
Honestly I don't care who you are other than making suggestions about a specific broker at the shareholder meeting etc. How about Raymer standing up in support of management at the same shareholder meeting? Everyone gets a bit antsy, I saw 600k shorted on level 2 with the new contract news. Someone is lending shares.. causes pause in trust that someone would try to box here.
wow do you know something about me? interesting as I've always pointed out the speculative nature of this investment and said it does not represent more than 1% of my portfolio. Now I will say that is still a decent stake here.. anyway whatever you think run, have fun at it.
No one is happy andy about the share price unless they are nuts. I will say however with a new airship in testing instead of the bag in the corner that was the Dr. K deluxe model, a revenue stream via GTC beginning to show up and movement on debts and lawsuit settlements, hudson and brio likely gone it is a better investment than a year ago. I also believe Clark, Estrella, Johnson and Phipps had to manage and invigorate a virtually new entity with a ton of baggage. I think we will know soon enough whether this evolves into real contracts. One way or another...
Only enough to say that he felt like he had done his job to secure funding, help handle debt structures, sign a full settlement with the SEC and was secure with the day to day operations going forward. He was an advisor and consultant as Chairman but the everday tasks are for the CEO and employees. I think it is obvious that Mr. Bocchichio brings expertise in government contracts with him to the Chairmanship and looks like a helpful force in transition. I'm sure Clark wants his shares to hold future value as well.
Ha I think you sre daydreaming.. You don't even know the reasons Clark stepped down.
Quite an easy deduction from yesterday's PR...I am of the same opinion, GTC contract is with The Red Cross.
La Jolla Cove is a venture capital hedge fund.
good point Mide, however it is doubtful they would manipulate the stock by naked shorting as they could lose their funding position and much more by lawsuit should it be proven.
Oh it has a great deal to do also with the person or persons allowed to negotiate and sign the settlement. Not just who had coin for the fine. If someone suggested that the who didn't matter I would suggest that was utter BS...
I think you hit the nail on the head as that number indicated soon to be expiring warrants.
Excellent advice adding to a position at these depressed levels. I have taken your advice! LOL
Well you are the interested party please make the call?
I doubt its appropriate for the company to engage in discussing anyones holdings? Think about it would you like it if a shareholder called and could ascertain your holdings? Perhaps you should call as a shareholder and demand the answer? Please report back
By the way the volume and total shares and mm positioning would indicate that they both have sold. IMO
No he is not on the BOD, although he once controlled 10 % of the outstanding (including warrants) apparently he no longer does, so is not technically an insider.
Never sold half his shares, but many warrants are gone. He is an insider and would have been required to file upon selling.
It was informative of positive movement in revenues. Not sure it mattered more than showing increased marketing is producing greater results. No real advantage for flippers but encouraging for some long term holders.
Wow a comparison of all hype (and perhaps fraud) to none. Great analogy.
I'm aware of a demand that went nowhere, as are you.
Oh I think if you use your reflective skill you can account for far greater BS that you are your buddy walking in Memphis penned for the company.
Exactly so lets assume there was/is no contract or his friend Leinwand would have taken good care of him. I no longer care either.
cerainly true, so without a specified contract claims are rather baseless, no?