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I think that filing is of significant importance as it outlines the agreement and compensation for the rep firm it’s going to handle Africa.
I have to admit, I keep practicing every statement with “if it’s real“. I think of you about filing I can drop the if it’s real because I actually now think it is very real.
From the share price standpoint, this company is so undervalued ridiculous. More realistically, the stock should be trading at least six dollars right now and if the entire 75 million is going to be booked and shipped within 18 to 24 months, reality is the stock going to be well over $10 a share.
Just doing my part, somebody’s got a buy the stuff
B1, i’m not happy with your attitude here. I think it’s a big deal if those three bike locks can’t get here. They could be very essential part of locking down the cabinet that has those surgical masks.
You also seem to fail to recognize the importance of those locks. They can be unlocked using your iPhone from a distance and not having to physically touch the lock. BIO-key is doing its part in maintaining isolation from touching those locks and potentially saving lives.
Please get with the program or just move on.
For a brief shiny moment, I gave thought to liquidating all of my shares in with that kind of volume I could’ve taken them out in minutes. Then I foolishly believe that this order was for real and change my mind. Very disappointing to find out about the filing the next day. 20 years later and we’re still doing business with corrupt people
I suspect the press releases were orchestrated in that fashion to allow maxim The time and opportunity to dump their shares.
Unfortunately maxim is a corrupt pump and dump operation that has been screwing BIO-key for years. Maxim was clearly the big winner in this deal and cleaned up to the tune of millions.
Looks like BIO-key will set a new all-time record.
Unfortunately it’s going to be a new all time record low year end closings in history.
Not to worry though, next year should be our year.
By all appearances, it’s game over. Looks like we close the year and 52 week and all time low.
I think the market is telling us that we didn’t even come close to meeting not only minimal guidance but you’ll probably see revenues less than all of last year.
Maybe they finally got an order.
Maybe that 5 1/2 million dollar order from China finally got released or better still we’re getting paid for it.
If this thinking get up another four dollars a share, I might actually be able to break even.
The good news, 1 million shares traded today, the bad news, somebody I had a half 1 million shares to unload but luckily somebody wanted to buy them.
I really need to be more careful, I think somebody laced my coffee roll with a hallucinogenic drug this morning. I thought I saw BIO-key trading up around $.80
I wonder what some of the former BIO-key executives are thanking as a look at the share price of BIO-key at $.40. I can’t imagine any of them holding onto any of the shares they had at this point probably sitting there smiling and laughing at the rest of us who have pretty much lost everything.
I guess we now know why management never purchased any significant amount of shares with their own money. This was nothing more than a paycheck for them and we should’ve all been much wiser investors well aware of the lack of insider ownership.
To what?
Does anyone know what the company’s latest guidance is for 2019?
But last I recall it was a range of $8 million-$12 million. Has that been revised? Not bad for a company who’s market cap is only $7.9 million.
BIO-key breaks $.50 with the last trade of the day at $.49. Not very encouraging at all.
Somebody tell me we actually have a plan.
Good news, BIO-key does not disappoint. They weren’t expected to do anything good and they didn’t. Another disastrous quarter.
Wick, excellent summary, very nicely done. The only problem with all of that is we’re talking about BIO-key and nothing that’s normal is ever applicable to BIO-key.
The theory that I have used that serves me very well is watching stock trading the day of earnings. In many cases if the stock prices down going into earnings, earnings are going to be Blockbuster. If the stock price is going up going into the report, run for the hills. I will tell you I do a lot of trading based on that Theory and it has served me very very well, Typically accurate over 80% of the time.
So using that scenario, BIO-key share prices down going to an earnings report which would say to me, earnings are going to be good. Unfortunately it’s BIO-key and you can’t apply the normal rules.
With BIO-key‘s share price down going into earnings tonight, it’s a fair bet that they will miss and miss bag and this thing will tank in the morning. So my advice is look out. Wish I were wrong but 20 years of history tells me I am not.
Sure, and maybe the tooth fairy, the Easter bunny and Santa Claus are real.
Don’t get too excited, the real question is what will be the excuse for missing The guidance today?
Will it be the weather, will it be an order that didn’t get in on time, problems in China, Or, will we have a brand new reason for missing the numbers today?
Hopefully it will be a new excuse because the ones that are orders that didn’t get in on time for the quarter actually never show up in any other quarter, I think investors are wise to that one now.
Do you want to know what I’m really saying, I think if you boil it down, the hard reality is, it’s game over.
20 years, zero growth but worse an all time low. I hate to say it but I concluded over five years ago that this company was done but it helped I was going to be proven wrong. So far, unfortunately I have Been 100% correct. It would appear that not only do we not sell anything, the customers that we have had over the past few years have all gone away. You never hear about the blood bank business anymore, you never hear about the banking business anymore, you never hear about the FBI anymore. The fact is about the only thing we hear about our new partners that do no business with us. What do we actually do with Microsoft? It can’t be much of anything since we barely have $4 million in sales in an entire year. Come to think of it we used to do $6 million a year in sales so we’re losing ground. It would appear that this bloated company has far too many chiefs and no Indians.
Unfortunately, it is been the shareholders and only the shareholders and have supported this company 1000%. When they run out of money the shareholders Tony app when they miss their sales targets and take a loss each and every quarter, it’s the shareholders that make up the difference.
Loaded sales and management organization is solely supported by shareholders to the reverse splits. I’ve said this for a long time and I’ll continue to say it it’s time to revamp the entire organization. sales and marketing plan is miss guided and ineffective.
Marketing and sales needs to go back to the drawing board and start asking the following questions.
Who, what, when, where, why and how.
Who is our customer?
What is our market?
When is our opportunity the greatest, the specification stage?
Where is our customer, domestic/international?
Why BIO-key, what is our value, what is unique about our products and ability?
How do we go to market direct, distribution, direct salesforce, sales reps?
We have not done much of anything different over the last 10 years, no significant new customers Since the FBI contract 12 years ago. Unfortunately, I think our survival change is entirely on how many more suckers we can get to invest money in this company.
Trying to do something different, change for change direction, pretty much change everything as it has not worked.
No matter how you universe works, we are $.02 stock, An all time low.
I fear that your entry point and my exit points are the same points, zero.
You should get yourself one of those I robot mowers, you’re a BIO-key investor, you deserve nothing but the best.
Let it go wick, nothing good can come of dwelling on the past. Trust me, you’ll thank me for this advice later.
Wick, let it go, it’s the past, we’re moving on to the future. $.52 left and will be at zero, that is the goal isn’t it see who can get the zero first.
You need to know, I’m not liking your attitude here. They were only $12 million so get over it.
Wick, I think you missed the memo, We are A charity now, not a sales organization. We just give the stuff away to anyone that will take it.
I don’t know how much more of this good news I can take from BIO-key. It’s becoming overwhelming.
If we keep selling off by a factor of about 10% on every press release, there’s not much more good news will be able to handle. Well, I guess We can handle another $.52 worth of good news.
Someone please help me, what was Monday’s price activity all about, I volume and yeah I trade of one dollar per share. Now we’re back to all time low share price again.
Somebody got suckered in big time but I’m just trying to figure out why.
Managed to dump 10,000 shares, should’ve dumped it all.
I have forgotten most of their names but just look on the website. The only one I remember is Tom Gilley and some FBI guy
Perhaps another question you might want to ask is, what is the Board of Directors doing? Clearly they appear to be adding no value whatsoever and certainly not looking out for the shareholders as our representatives.
Does anyone know if those $550,000 monthly payments have ever been submitted to BIO-key?
At the last conference call we were still waiting for two of those payments totaling $1.1 million that still hadn’t arrived, did we ever get them?
I must admit that I have been wrong over the years, it is not that BIO-key doesn’t sell anything, in fact they do sell a few things here and there but Unfortunately not nearly as much as they need to.
The big problem is they can’t get paid for any of it which places BIO-key squarely in the category of “a charity”.
Maybe it’s actually a good thing that we don’t sell that much, that way we limit the amount of charitable contributions we make the companies that don’t pay us.
Suggestion to management, rather than a Press releases that announce new orders, perhaps we should put out a press release when we actually get paid for something and the money is in our bank account.
INTZ, Entity security, maybe BIO-key will perform like this some day. 52 week range $1.00 to $4.99
I must be blind because I don’t see a value in that press release.
OKTA, a biometric company that is now trading over $130 a share. Up over $30 Per share in one month. BIO-key on the other hand is winning the race to the bottom.
Time to cut head count by at least 50%.
As I recall, didn’t the Chinese put $20 million into BIO-key and then we find old 12 million it back to them for a bunch of worthless patents. So the net result was the Chinese essentially took half the company for about $8 million.
I suspect the $8 million did nothing more than pay the salaries of 20+ people that have accomplished nothing. There are no real sales to show for it and worse than that any opportunities that they announce never actually come to fruition.
Another announcement this morning about a foreign ministry order. No dollars announced which means it wasn’t worth much. And a leading foreign ministry could be anyone of 179 countries. Doubtful it’s A country in the top 100.
Company needs to cut head count by at least 50%. There’s not enough business to support these lofty salaries that produce no significant amount of sales dollars.
There were two were for splits, the first a 1:2 reverse and the second, a 1:12
Combined it results in a 1:24
Taking the $.99 close today and dividing it by 24 will give you the old pre-split price of $.04125
Biometric Company , OKTA, now over $122 a share. I think I mentioned this company for weeks ago and it was $100 Per share.
A new high for OKTA, A new low for BIO-key. What’s wrong with this picture?
Here is a sad and pathetic story for you. 10 to 12 years ago I was accumulating stock into companies, BIO-key at an average of $.17 a share pre-split, which means right around four dollars a share and Napco securities at an average of four dollars a share.
BIO-key is trading at a 15 year low with an80% loss, and Napco is trading at an all-time high with a 700% plus gain.
Talk about drinking the Kool-Aid and falling in love with a stock. If I had put all that money into NSSC, it would be now worth just shy of $5 million. Talk about screwing up.
Pay raises for everyone.
A Bad dream wouldn’t be this bad, come to think of it a nightmare would be nothing compared to what’s going on with this company.
The total lack of ability to develop markets.
It would be nice if there was a real sales and marketing assessment identifying Target markets, target customers, sales channel, buying influence and specification emphasis.
They don’t need to hire more sales people, they need to develop sales rep agencies that have the ability to Develop a go to market strategy.
That should’ve been done 10 years ago. We have missed the boat, the train has left the station, now we need to catch up. Half of the people there should probably be fired and the other half should just retire and go away. This is insanity same thing over and over year after year same result zero.
Good point, what was I thinking, no need to turn out the lights this tissue more shares.