Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NEWS 8/24/2007: Update, and I mean WOW Update
Dear Fellow Stock Holders:
I have just returned from my trip. I have been away for 7 weeks. In the seven weeks I sold installed 4 systems ($700,000). I have 3 ($525,000) more pending as we ran out of hard ware. Shortly I will return to the Orient to complete the installation. The product continues to do well. The most important advantage in our system is the storage. People like our automated storing system. Equally important is our ability to allow remote access through the internet. In another important development we have successfully implemented remote access via internet without having to download images for manipulation and construction. This has increased the speed in which radiologist complete reading. With such successful implementation we have decided to charge a monthly fee of $100 per seat. Our observation is we will get at least 10 seats per customer. In short we may be able to collect a monthly fee of $1000 from each customer (or $12,000 per year). If we have 1000 customers we will generate an annual recurring income of about $12 million.
We are confident we will have 1000 customers by end of 2008. We are in the process of completing our agreement in China and India and both these countries are our hope of making these numbers. A meeting has been set for Sep 8th in China and 15th in India.
During my 7 week tour in the Orient, I held several meetings with prospective buyers for eFotoXpress. Some offers were very attractive and some were not. I am in the middle of finalizing an offer. In my next visit scheduled for Sep 2nd, I will complete the offer and report back to you all for a stock holders meeting when I return. We shall all vote for a decision whether to sell the company or hold on to it. My report to you will contain the sale price and all the conditions attached to it. Nothing has been finalized yet and everything is speculative.
Thanks again for your support.
With Warmest Regards
Edward Tan, CEO
If you add up the shares of those 3 mentioned in the email, it was only like 24 million.
Does anybody know? Do video cameras attached to police cruisers feed back live video to the precincts? If not, wouldn't that be an advantage of the CT for police cruisers. If an officer doesn't respond after a pullover of a vehicle. They could directly access the video feed. Maybe even get the video realtime for a licence number in case they need to pursue the vehicle if the cop encounters a struggle during the pullover or search process.
I did talk with Edward about the 15,000 lease fee per year mentioned on the website, as I had some questions regarding what that actually represented. From the sounds of it, he was still overseas. That's all I know at the moment.
I also asked him to submit some updates regarding the success or failures with selling the product. He didn't respond to that question.
The backlog totalled to 450. Did you catch that?? So I don't see where he double counted them for May.
We need to make sure and create the new WatchIt Board when the new symbol is created. Mod status would be nice for that one too.
Gross profit declined from 32% to nearly 20% in the 2nd quarter. Highly disappointing for me, don't see how this came about, unless the lack of sales for the quarter caused the fixed and variable costs for the CT to increase for the period.
Admin expenses are outrageous considering all the cost of the CT are in cost of goods sold. They are just selling CT's and taking our contributions to pay their currently inflated salaries. Plain and simple right now.
Also, you have to remember that this share count doesn't include the 8/1-8/7 or so rummage sale of shares. I would expect 7.6 billion total common if you include the common that was converted to preffered.
Here is a little more info on the DTS I-button that the article talks about.
http://www.keepontracking.com/products.asp
HD, I tried to enlarge the world and lettering in skier's. But I am a rookie with image shack so I can't get a picture any larger than what I posted on there.
I like the white one.
He was claiming it was worth 18.6 million even before he took over with his lame brain scams to abuse EVSY investors.
My first million cost me $10K more than yours. And like you, I am a long way from there now too. Is that good or bad, I just don't know yet.
Was he after all of your squirrels? Please, not the squirrels!!
I think you should post that on EVSY board too.
I would say 11K is probably pretty close. I myself have at least 9 friends who also hold shares of this stock.
I bought more today as well. Hoping for some more good news.
It appears to us that they do have legal counsel. How they choose to use them, we shall see. Right now it is only to attack our board of directors with garbage claims.
My gosh, what a joke. How was EVANS ever worth 18.6 million. It was nothing but a damn shell with debt. Frank Moody you are a piece of sh*t. EVANS was .80 cents because it was manipulated to .80, not because it was worth .80. It was more like worth .01 or less. Let me ask this question. How does HISC acquire a company for $500,000 if it is worth 18.6 million. Doesn't take much to see thru all of his damn bullsh*t. Not to mention, didn't Frank get those 30,000,000 in shares that they had to give back. Also, the 30,000,000 was the questionable part of the transaction. The rest 7.X million and 8.X million were probably related to HISC dividends which was part of the bargain for the $500,000 expense.if they were received in October.
The problem is, we may not see all of the share information in the quarterly if they only publish to 6/30/07. Might have been intentional, that they started dumping when they did.
I don't know, maybe they are using stock as a form of payment to someone or someones, and they are going through their transfer agent, so it is getting recorded when this occurs.
I really don't know though.
Pure manipulation up to .08 you mean. There was no significant news to support the move from .06 to .08. Just a bunch of stupid hype over some PR that hasn't came out, and keeps getting delayed. Benz got his shares accumulated while down at the .055-.06 range and then dumped them in the .075 to .08 range. JMHO
I feel like an idiot, but I picked up more at .0003 today too.
I don't think all of these PR's are for shareholders. Some are probably with the hope that they will be picked up by places like the Telematics Journal so that potential customers can see.
OT, by the way a wasp's lifespan is 4 weeks.
In my opinion, they would be better off taking out a line of equity or using a business credit card at this point. Paying 10% interest or even larger would be better for HISC, than selling shares at .0003 and then having to buy them back later at .0004 to .0006. Which would be 25% - 50% interest. They would be digging a hole selling at these levels, in terms of planning a share buyback down the road.
Long drought for news here from Efotoexpress. I was hoping to get bi-weekly emails. I hope the silence is a good thing, and sales are coming in the door.
I do believe the quarterly shareholder letter will come in close proximity to the financials. Probably explaining 2nd quarter results and outlook for rest of the year.
This stock is going to get so hyped up over pending news, that the news, if any, would have no effect on this stock or maybe even a negative effect. Why would you be hyping this stock up right now, wouldn't it be smarter to pick up shares at this level and then let the news do the work.
I just want to see a PR this week. Something with Dividends or Buyout please, anything else is pretty much useless at this point, and will just drive the price down further.
No offense, but that is a bunch of BS. If he can't post for some reason, then he should post and let someone else be moderator.
Any word on when the shareholder letter is going to be PR'd?
I think I am finally satisfied with my .0025 range. I am probably done for awhile, picked some up ahead of schedule. Couldn't wait until after the financials. Picked up a 1/4 of my total shares and only spent less than 10% of what I actually have invested in this stock.
You have ruined any credibility you may have ever had by just constantly posting negatively. How does that provide any substance to this board. I think you should be banned.
I picked up another 3 million today. Stopping for awhile now.
He is just being as optimistic as you are being pessimistic.
nasdaqq,
As you can tell by the responses to your post, you are about a year behind on your choice of CEO. Fred Wicks took over CEO as soon as the person you referred to was ousted last year.