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I think you have the wrong impression of my motive. I wouldn't touch this worthless pump & dump stock at any price. I will give you all credit for doing a great job of promoting this trash though.
My interest is quite simple. Warn potential suckers of this P&D and hopefully they will really do some DD into this scam.
I have significant holdings in real biometric companies that don't need to be pumped on message boards. They are real companies with:
REAL PRODUCTS
MEANINGFUL AND VALUABLE PATENTS
REVENUES
CUSTOMERS
WORLD CLASS PARTNERS AND INVESTORS
NXTD has none of the above. Ask yourself why and who is behind this marketing promotion.
When you find it necessary to promote your sales meeting location as being more important as the actual product to attract attention, you're in trouble.
If stupid people want to waist their money on this stuff w/o doing their homework, all I can say is they have been warned.
That is a patent application, not a granted patent
There are much better "real" biometric companies in this space that have significant patents and technology and trade at much lower prices and actually sell stuff.
You are referring to patent trolls. All this company might have is a license to use some 30 year worthless old technology.
But you can't list one patent.
Go ahead, cut and paste just one of their patents.
No they don't. What patents and technology?
Go ahead, list them.
This is a pump & dump. There are no answers to legit questions, just bogus statements designed to sell worthless stock.
I wouldn't be surprise if this worthless stock didn't break $6.00 in the next 24 hours based on the well orchestrated pump & dump you paid hacks have mounted.
MY TARGET IS $.02 PER SHARE
PUMP ON
3900 shares traded pumpers, ya, it hot and in demand.
NOT
Big time pumper action this morning.
Sorry to inform you but Google is a real company, not a worthless P & D
What are the revenues of this $100 million market cap company?
The answer ZERO TRANSLATED $0.00 they sell nothing
Are you really going to equate this company with GOOG?
right
A well organized P& D
NO SALES
NO TECHNOLOGY
NO CUSTOMERS
Hard to believe this worthless stock is still trading. Why was it so important to emphasize the meeting location as significant. Does that somehow lend credibility to this company. Anyone can rent a room.
Oldman, what is your problem? If you don't like the company or believe in the investment potential, move on to something you like and can support.
May I suggest a U S Savings bond as something more suited to your investment level. Don't look for realistic or reliable info on message boards to base investment decisions. Do your own research and if BKYI is not meeting your comfort level, then go away.
If you really want to know what Q1 revenue will be, I think it will be $4.6 to $4.8 million.
Backlog is defined as "ORDERS" placed and scheduled for future delivery. In my opinion, the most important metric of future potential is the backlog figure and in this case, $12 to $15 MM is very significant.
This is huge and very bullish.
"Were not in Kansas anymore" folks
Another 50,000 +/- shares after hours. That has to be another VWAP TRADE. This is accumulation, we should be going higher.
Remember, volume precedes price and the volume is ramping up. Price will follow.
I think Vie Financial, VIFN, is trying to accumulate shares for a large institutional investor.
That is correct, VFIN is used for large buys
More on Vie Financial
Vie Financial Group Inc (VIFI) Details
Vie Financial Group, Inc. and its subsidiaries provide electronic trading services to institutional investors and broker-dealers in the United States. Its product offering consists of various trade execution services that are provided through the company’s broker-dealer subsidiary Vie Securities, LLC. The company offers algorithms used by its customers to obtain the volume-weighted average price (VWAP). The company’s products include Full-Day VWAP, Limit VWAP, Point-to-Point VWAP, Best Efforts VWAP, RapidEx, Market on Open and Market on Close, Pairs, Statistical Price Predictive Methods, 10b-18 Algorithm, and Post-Trade Performance Measurement. These products are used by brokers to reduce information leakage. The company sells its products through an online transaction and distribution system. Vie Financial was formed in 1994 and is headquartered in New York City. Vie Financial Group, Inc. operates as a subsidiary of OptiMark Innovations Inc.
Detailed VIFI:US Company Description...
If I remember correctly, VFIN is a company called Vie Financial out of PA. They developed/use a trading program called VWAP, volume weighted average price.
I owned stock in this company 15 years ago when they were called Ashton Technologies. They are typically an institutional trading company and their function was to fill large orders anonymously.
The way it worked was; Lets say you wanted to buy a large block of shares at a certain price, VFIN would accumulate those shares over a period of time, a day, and then fill the order to the buyer or it could also be for a seller.
The goal was to fill the order by accumulating stock with an average price.
I think that is why we are seeing these large trades going off after hours. that ie the VWAP trade.
My thinking is that there is a large buyer accumulating shares through Vie Financial. I think this is buying activity, not selling which is why we are moving up in price slowly.
That might also explain these trades going off at prices like $.2044 (the average price)
Always remember this simple rule of trading,
VOLUME PRECEDES PRICE
When you see volume ramp, sustained price rise will follow.
BKYI volume is increasing in a significant way. A very good sign of strength.
Finally, news that has some strategic and significant value to BIO-key. It really doesn't matter so much as to the value of this contract but rather the players involved.
IBM, now we are in the game. Added to my position on this news.
top,
I appreciate your optimistic view however as a long time, make that a very, very long time shareholder, I have seen it all.
If our technology is so great, why are we the only ones that seem to know about it or willing to invest in it. Even our "insiders" don't buy the stock. You talk about AUTH, I was a shareholder in AUTH buying a good size position in the $5.00 range and increasing it 4X in the $2.00 range as activity was increasing several months prior to the AAPL acquisition. One rule of trading that I try to follow is, volume precedes price. We have no volume and that translates into no interest.
Biometrics is supposed to be a hot industry and we are not even on the radar screen after 14 years. WHY???
Why does the market assign no real value to the so called leader?
$.16, are you kidding me? I have been hearing and also guilty of promoting great future of BKYI for far too many years. How many tines will the great possibilities be "just around the corner"?
I hate to say it but if we have some outstanding product or potential business developments on the horizon, this management is doing a poor job in conveying confidence in our future.
I am not suggesting a "hype" campaign but how about a realistic and obtainable business summary.
Lets start with the 3 event that took place this week. Where are we going and what will it take to get there?
Lets not forget, 3rd and 4th qtr of 2012 were supposed to e "blockbuster", Then 2013, I don't recall one significant order announcement all year.
2014, here we come, or not.........
A BKYI press release can best be compared to a tree falling in the forest. There is no one paying attention so it makes no sound.
Three "significant" events this past week and the only direction the share price moves is down. Unfortunately it would appear that the market sees no value in BIO-keys product offering or this company does not have the people in place to penetrate this market.
Zero interest in these shows and the "new" IDCC/BKYI product is quite concerning. Either the solution we offer is not needed or there is a major disconnect in the sales and marketing plan.
There are several so called biometric companies out there that are generating a great deal of market and share price attention that by all accounts have nothing of value And no real technology but trade 10 to 20 times higher than BKYI.
What am I missing, what has to change at BIO-key in order to get into the game?
Lets hope its not the later.
I would be happier if we had some revenue projections. My greatest fear these days is that there is no money to be made in what we are trying to sell. What has the FBI contract generated 5 years later?
Looks like the Mobile World Congress announcement is a dud so far. Very disappointed after waiting a year for this product to hit the market. No investor interest generated from the news and the show after day one.
Agree, significant move in both price but more important, volume. I think MPET is still very undervalued given their cash position and land lease portfolio.
One day this company will be acquired by a major just Canada Southern Petroleum was.
Gilley has some very impressive credentials that should prove to be extremely valuable to BIO-key,s future.
Very pleased with all 3 board additions as well as the reduction/elimination of 8 million warrants.
thanks, I see my math error.
Sorry, that should have been $.25 warrants. Also, why not just buy shares back on the open market as they are trading for less than $.18? 8 million shares may have been difficult to find @.18 or less but there are sellers that want out. Some open market support wouldn't hurt.
Too many questions about this transaction
Does anyone know if Shaar got any of the new $.15 warrants?
What is your point? Are you OK with your new investment metrics?
This is about valuation at the end of the day, EPS.
DO THE MATH
Sorry to inform you of this, your math is wrong. I use to hold close to 5% of the outstanding, now that figure is less than 2.5%
That is called dilution, pure and simple. 75% of my investment was sold to a new group of investors at a deep discount. That discount came right out of our pocket. Long time shareholders were not offered that opportunity for cheep shares or warrants. The way I see it, long time devoted shareholders were pushed aside so new FOM's could benefit at the expense of long time loyal investors.
No matter how you spin it, we went from 88MM shares to about 145MM shares. Thats called dilution that will translate into EPS with a factor of .5+/-
Not good for you and me.
I'll accept your answer, "gas" because with the value of my investment cut by 75% with these new shares, we have a long way to go just to get even.
Why, what has changed?
Thanks, good read. What a story that will have a bad ending for all non insiders.
Welcome to the wild, wild west of corrupt stock promotion. Hope you didn't lose $$$.
nxtd isn't worth 2 cents/share
I think this pump & dump gig is about to end. Let the dump begin. Tried to warn you. look out below.
Remember,
NO MONEY
NO REAL PRODUCT
NO SALES
NO TECHNOLOGY
NO EMPLOYEES
WHY WOULD ANYONE INVEST IN THIS STOCK?
Sure it is, and I have a bridge to sell you.