I am a Husband of a Beautiful Wife, Father of 2 Great Kids, Business owner in a business that will Change the World & Follower of JESUS CHRIST!!!
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IF only we new the other Co. we could find out the details before Cape's PR.... I guess we will if it does happen to be DPSI. I guess the best thing we can hope for is they have to bring back CYSG to trading before any merger/Acquisition is completed.. because at that point IMO CYSG would run just for the fact they went to all the trouble of reinstatement. WE WILL SEE SOON!!!!
At this point 4+ years for several Of us.. NO joking mater!!!!
Amen!!!!
I Wonder if a PR will bring back seeclear... Anyone ever hear from him?
I think something will be different about the CAPE Systems website on Tuesday.... just a hunch!!!
Kind of strange How we went from all Of that volume and now none.
I thought it was in three weeks?
That is in English Pounds...
So the Book Value of 166.9k in US is $257,671.00
'moondoggy'... Interesting find... They are both subsidiaries of "CAPE Systems Group Inc."
Dead!!
And thank you for the 8m for $800!!! Lol
Ditto!!!
I predict within the next two weeks this'll be the most talked about board #1 and talked about stock For the year and years to come!
I've got mine!!!!
It's all relevant... If we get a R/S the same % everyone owns will be the same. If we do I don't think it will be by much... The highest I hope is 10-1. If they would Do what I suggest we ALL will make out GREAT!
That's three more than you!
It is and that would be my guess also.
My Texting conversation with Nic today...
Me: Good morning Mr Toms! Do we have good things coming?
Nic: We do in about 4 weeks
me: Thank You!
Nic: :0)
If we are getting a PR next week then possible trading in 4ish weeks???
WARNING-- DO NOT HOLD YOUR BREATH ON THE TIME FRAME... We will trade though!!!!!!!
I'm sure this will stir up some comments... BRING THEM ON AND WE WILL SEE WHO IS RIGHT!!! I am delusional though!!
AMEN!!!!
DecisionPoint Systems Reports Second Quarter Results For 2013
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Today : Tuesday 20 August 2013
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IRVINE, Calif., Aug. 20, 2013 /PRNewswire/ -- DecisionPoint™ Systems, Inc. (OTCQB: DPSI), a leading provider and integrator of Enterprise Mobility, Wireless Applications and RFID solutions, today reported financial results for the second quarter and six months ended June 30, 2013.
Business Highlights of the Second Quarter 2013
Announced Apple iOS® mobile operating systems support for APEXWare™ Field Service software. APEXWare is a robust mobile-centric field service application that increases field service productivity, improves first-time fix rates, and maximizes parts availability
Released Motorola MC45 support for APEXWare Field Service software.
Announced availability for Motorola ET1 tablet of its ContentSentral delivery application. ContentSentral converts a tablet computer into a mobile presentation and productivity tool.
DecisionPoint Systems completed the required Apple Sales Training following its appointment as an Authorized Apple Reseller last December.
Corporate and Financial Highlights of the Second Quarter 2013
Michael Roe promoted to Principal Financial Officer.
Sequential improvement of approximately $1 million in Adjusted EBITDA compared to Q1 2013.
Subsequent to the end of the quarter, on August 16, the Company signed definitive documents for a private placement of common stock, for gross proceeds of $1.8 million, of which $200,000 came from management and existing shareholders.
Second Quarter 2013 Results
Revenue was $14.7 million, a climb of about 7% from the first quarter of 2013, but a drop from the comparable quarter of 2012, when revenue was $17.8 million. The drop was largely due to a reduction in relatively low-margin hardware sales, as well as to the timing of orders and shipments, with some orders anticipated for the second quarter slipping to the third quarter.
Gross profit rose by 370 basis points to 24.2% from 20.5% in the first quarter of 2013, and up 330 basis points from 20.9% in the second quarter of 2012. We anticipate that as higher-margin software and service revenue continues to grow, margins will continue to improve; for the second quarter, revenues were, for the first time, 40% higher-margin software and services. The Net Loss was down from $2.1 million in the first quarter of this year to $1.1 million in the second quarter, vs a loss of $1.2 million in the second quarter of 2012. On an EPS basis, the loss per share was $0.15, compared to $0.20 loss per share in the second quarter of 2012.
SG&A expense declined by $300,000 to $4.5 million due primarily to cost savings, compared to $4.8 million in the second quarter of 2012, and the operating loss was $0.9 million in this year's second quarter vs $1.1 million in the second quarter of 2012, due primarily to improved margins and cost savings. Adjusted EBITDA (a non-GAAP measurement that management uses to measure progress) for the second quarter of 2013 was negative $16,000, a million-dollar positive swing from the first quarter of this year.
Six Months 2013 Results
Revenue was $28.5 million, down from $35.6 million in the first six months of 2012, which included approximately $1.9 million in sales from the Apex and Illume acquisitions that were completed in mid-2012. 2012 benefited from a stronger recovery in the US economy than was seen in the earlier part of 2013. Low-margin hardware sales declined by 33.6% for the period. Professional services increased slightly, up 4.6% for the six months. Software revenues, with their higher margins, increased by 55.9% to $2.3 million. Gross margin improved by 140 basis points year-over-year, with most of that improvement in the second quarter, as software and services revenue grew as a percentage of the revenues. SG&A expense increased modestly compared to 2012 due to the inclusion of Apex and Illume Mobile businesses.
Nicholas Toms, CEO of DecisionPoint, commented, "Our transition to higher-margin products and services continues apace. Based on what we have seen to date in the third quarter, we expect sales to be robust, and margins to continue to climb. We have now added Android Operating Systems to the family of APEXWare software compatibility, which vastly expands the addressable market. We are at an inflection point in our development where, at long last, we will be approaching both positive adjusted EBITDA on a regular basis, and even on a GAAP bottom-line basis. We believe that as economic conditions continue to improve, our results will improve as well.
"We work with some of the biggest names in the industrial and commercial world, and the family of our clients continues to expand. U.S.P.S, Johnson Controls, Avis Rent a Car System, Wells Fargo, Goodwill Industries of Denver, Mission Linen Supply are just a few. We expect revenues for the third quarter ending September 30, 2013 to be up by more than 20% from the revenues reported for the second quarter," Mr Toms added.
About DecisionPoint™ Systems, Inc.
DecisionPoint Systems, Inc. empowers the mobile workforce to enhance customer satisfaction and accelerate business growth. They accomplish this by making enterprise software applications accessible to the front-line mobile worker anytime, anywhere. DecisionPoint combines its industry leading software products, application development capabilities, deployment and support services with the latest wireless, and mobile technologies.
For more information on DecisionPoint Systems visit www.decisionpt.com
Forward Looking Statements
Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation.
Contacts:
DecisionPoint Systems, Inc.
Nicholas R. Toms
Chief Executive Officer
(973) 489-1425
Allen & Caron, Inc.
Rudy Barrio (investors)
r.barrio@allencaron.com
(212) 691-8087
Len Hall (media)
len@allencaron.com
(949) 474-4300
–FINANCIAL TABLES FOLLOW–
DECISIONPOINT SYSTEMS, INC.
DecisionPoint Systems Announces Private Placement of $1,756,400 of its Common Stock and Warrants
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Today : Friday 16 August 2013
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IRVINE, Calif., Aug. 16, 2013 /PRNewswire/ -- DecisionPoint™ Systems, Inc. (OTCQB: DPSI), a leading provider and integrator of Enterprise Mobility and Wireless Applications and RFID solutions, announced that it has entered into definitive subscription agreements with accredited investors for the sale of $1,756,400 in gross proceeds (including $200,000 from management and existing shareholders of the company) for 2,927,333 shares of common stock and 1,463,667 warrants. An initial closing for $1,556,400 was held on August 15, 2013. The remaining $200,000 is expected to close on or about August 19, 2013. Each warrant is exercisable at $1.00 per share. The company received net proceeds of approximately $1.3 million from the initial closing, after deducting the placement agent's fees and other offering expenses.
Newport Coast Securities, Inc. served as the exclusive placement agent. For more details, please see the current report on Form 8-K to be filed by DecisionPoint Systems on or about August 19, 2013. The law firm of Sichenzia Ross Friedman Ference LLP represented DecisionPoint in the transaction. The proceeds of the offering will be used by the Company for working capital and general corporate purposes.
The securities sold by DecisionPoint in the private placement were not registered under the Securities Act of 1933, as amended (the "Securities Act"), and were sold in reliance upon exemptions from the registration requirements of the Securities Act pursuant to Regulation D promulgated under the Securities Act. Therefore, such securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and any applicable state securities laws. This press release does not constitute an offer to sell any securities or a solicitation of an offer to purchase any securities, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state.
About DecisionPoint™ Systems, Inc.
DecisionPoint Systems, Inc. delivers improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. They do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes the latest wireless, mobility, and RFID technologies.
For more information on DecisionPoint Systems visit www.decisionpt.com
Forward Looking Statements
Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation.
Contacts:
DecisionPoint Systems, Inc.
Nicholas R. Toms
Chief Executive Officer
(973) 489-1425
Allen & Caron, Inc.
Rudy Barrio (investors)
r.barrio@allencaron.com
(212) 691-8087
Len Hall (media)
len@allencaron.com
(949) 474-4300
SOURCE DecisionPoint Systems, Inc.
Copyright 2013 PR Newswire
Yes... Ha ha ha!!! When it does happen it will only be funny for those that still have shares... For the rest will be pissed!!
Thought I would point out before you do.. we got done in the 40's today.
Also the 15th of Aug may and I say may loosely be a dead line for something.
I believe they have now just waiting on the timing to release the PR which in my opinion will have to do with trading date.
The 15th is a date I have heard that is important... That's good my b- day is the 18th!!!
So you consider yourself the stock market savior? That is the great thing about the stockmarket.. free choice and free to do our own DD. Why don't you find an actual Co. That is a fraud & not a real Co. That is transparent for all to see.
It's possible:)
DecisionPoint Systems Releases APEXWare™ MSD Software to Support Android Operating Systems for Mobile Computers
Alert
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Today : Thursday 25 July 2013
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IRVINE, Calif., July 25, 2013 /PRNewswire/ -- DecisionPoint™ Systems, Inc. (OTCBB: DPSI), a leading provider and integrator of Enterprise Mobility, Wireless Applications and RFID solutions, announced today the release of its APEXWare™ Merchandising, Sales and Delivery (MSD) software to support Android operating systems for mobile computers.
APEXWare MSD is a robust, mobile-centric, direct store delivery (DSD) solution with a unique merchandising component built in that maintains and optimizes workforce efficiency in the field by automating processes that would otherwise be time-consuming and error-prone. The software is currently being used by large retailers that deliver four categories of products to individual stores, including beverages, fresh baked goods, dairy products and snacks.
APEXWare MSD was designed to provide significant value by streamlining the merchandising, sales and delivery business processes.
The key benefits of the software promise to:
Increase product sales
Reduce out-of-stocks and returns
Eliminate paperwork and errors while tightly tracking orders from delivery to payment
Better understand clients and competitors and increase market intelligence
Increase individual employee productivity
Reduce client disputes with detailed proof of delivery
Eliminate time-consuming and error-prone manual data entry
Reduce inventory shrinkage with real-time inventory tracking
Reduce payment cycle by 60-90 days
Web-based portal eliminates the need for a backend system
Tom Barber, VP & GM of DecisionPoint's Enterprise Solutions Group commented, "APEXWare MSD is an industry proven merchandizing, sales and delivery solution. By extending our support of the APEXWare MSD to include the Android operating system we are able to strengthen the product with new features while providing our customers with a larger selection of mobile computers and tablets to choose from."
About DecisionPoint™ Systems, Inc.
DecisionPoint Systems, Inc. empowers the mobile workforce to enhance customer satisfaction and accelerate business growth. They accomplish this by making enterprise software applications accessible to the front-line mobile worker anytime, anywhere. DecisionPoint combines its industry leading software products, application development capabilities, deployment and support services with the latest wireless, and mobile technologies.
For more information on DecisionPoint Systems visit www.decisionpt.com or www.apex-ware.com/merchandising-sales-and-delivery.
Contacts:
DecisionPoint Systems, Inc.
Nicholas R. Toms
Chief Executive Officer
(973) 489-1425
Allen & Caron, Inc.
Rudy Barrio (investors)
r.barrio@allencaron.com
(212) 691-8087
Len Hall (media)
len@allencaron.com
(949) 474-4300
SOURCE DecisionPoint Systems, Inc.
Copyright 2013 PR Newswire
I can't wait for the FKA to be gone!!!
DecisionPoint Systems Automates Goodwill Industries of Denver
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Today : Tuesday 23 July 2013
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IRVINE, Calif., July 23, 2013 /PRNewswire/ -- DecisionPoint™ Systems, Inc. (OTCBB: DPSI), a leading provider and integrator of Enterprise Mobility, Wireless Applications and RFID solutions, announces that Goodwill Industries of Denver selects APEXWare™ Warehouse Management System (WMS) to automate its operations.
APEXWare WMS transforms current warehouse operations for Goodwill Industries of Denver to a paperless, real-time system that maintains accurate inventory and maximizes efficiency.
"APEXWare WMS has really given a boost to our ability to efficiently process donations and track inventory. The software fits Goodwill's unique operations from the donation center right through to the warehouse and back to the retail floor. This system has helped to streamline our processes and in turn, plays a key role in helping Goodwill achieve our mission to help inspire hope one person at a time," said Randy Dohne, VP-Operations.
To read the entire case study please visit: http://bit.ly/18n5NDo
About DecisionPoint™ Systems, Inc.
DecisionPoint Systems, Inc. empowers the mobile workforce to enhance customer satisfaction and accelerate business growth. They accomplish this by making enterprise software applications accessible to the front-line mobile worker anytime, anywhere. DecisionPoint combines its industry leading software products, application development capabilities, deployment and support services with the latest wireless, and mobile technologies.
For more information on DecisionPoint Systems visit www.decisionpt.com
Contacts:
DecisionPoint Systems, Inc.
Nicholas R. Toms
Chief Executive Officer
(973) 489-1425
Allen & Caron, Inc.
Rudy Barrio (investors)
r.barrio@allencaron.com
(212) 691-8087
Len Hall (media)
len@allencaron.com
(949) 474-4300
SOURCE DecisionPoint Systems, Inc.
Copyright 2013 PR Newswire
No prob.. NOT the best pic.
New York... ;) in AN office.
'Rich'... Aren't all the links interesting??
Along with founding Open Terra, Mr. Sasson has served in executive leadership positions at a number of technology companies. His experience includes: Executive VP of Operations and CTO at DecisionPoint Systems, a publicly traded enterprise mobility company; COO and CTO at CAPE Systems, a global provider of supply chain sustainability software for packaging, palletizing and transportation; Executive VP at Invata Intralogistics; VP of Global Services at Vertex; and VP of Operations at DCS.
Went by with the intentions too but didn't expect him to be there.
Not much.. He was in-between meetings and was in a hurry.. I kinda shocked him =) I was in town on business and all he would say is things are FINALLY getting done and we will all be very happy.. same old stuff but in person is always best to hear for me.
That's all I have to say 4 NOW!!!
check out my new pic..
Guess who I ran into.....
I'm anxiously waiting for transparency Really to just see how accurate all the different scenarios I have in my head of what is going on.