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Nice find but now you know why BMW didn't go with EKSO. They chose another company
What I find discouraging is that there are nine laevo vest and only two
Ekso vest in the Ford Valencia Factory. And with the competition being so thick I wonder about the chances of Ekso getting a contract of any proportion. It's funny that just a year ago the big promise on this company was their Ekso suit. Now it seems to be more based on the vest. Not sure if either one will get this where we want it to go.
The company that has 9 vest in Fords Valencia plant is Laevo. I'm surprised there's no comments from the cheerleaders here
Skep, this dog is dead for now.
No volume, no sales
Omit 356th on last post. Can't edit it.
The 8k 356th doesn't sound like this was a friendly departure. I would like to have been a fly-on-the-wall
He left to pursue other opportunities......hmmmm same as Nathan Harding. Harding thought it was too difficult to sell very expensive robots
I would say the founders are all gone. That doesn't show me that they have too much confidence in the near-term for this company
4q preliminary out
https://ih.advfn.com/p.php?pid=nmona&article=76436303
Nice bump in GT sales
If they had disclosed it he wouldn't be asking the questions.
Well if they give you an update when any pertinent information that would be illegal
Skep, the BMW launch was kept quiet and not announced and it really didn't add up to a lot of dollars that's why the stock did not take off. From your news article...
At an estimated price of $5,000 each, the order comes to a paltry $340,000.....
The difference with the Ford units were that Ford made the announcement that they finished their testing and everybody picked it up, local news, TV, News agencies and pump and dump scammers. It looked to me like a well-planned announcement that Ekso took advantage of and so did market-makers and pump and dumpers again. And even if Ford ordered 300 vest what does it really add up to in profits. Smoking mirrors as usual but if you play the game you can make a lot of money here
First of all there is no lawsuit. It's an attorney's office fishing for a lead plaintiff or plantiffs. It's done all the time and if no one steps up the lawsuit never gets filed. Also by doubling the shares they haven't diluted the stock yet. Just because they are doubled they are not issued yet. It depends on what they issue them for. Acquisitions or purchasing inventory for sales would be great. Paying themselves bonuses would be a red flag. Also do you people really think that Puissuance Capital Management, who owns over 20 million shares at $1.00 for a year before they can unload them would have voted for this if it was a bad thing? Puissance CEO is also on the Ekso BOD's
and has a big hand in this.Think about it.
There won't be a reverse split if the additional 70 million Shares are approved on the 21st. They will have 70 million shares to sell to raise money, to do a merger, or to pay themselves more. And with the new major investor who has 20 million shares I don't think he would approve of a reverse split at this time. But those 70 million additional shares can be used and hopefully they're used in the right way with the shareholders in mind, but giving history I think not.
Articles don't make it soar. Contracts and revenue does. If you read the last part of the article it says that it could take years for Ford to make a decision and then there are many financial implications. Hopefully that's not the case
And to be fair if he thought there were any new deal or contract coming from Ford in the very near future he would have held on to those 50,000 and maybe triple it.
Sometimes after-hours trades are trades that were done earlier in the day that did not get posted properly and are posted after hours. I'm sure the 2.66 is a ttade from much earlier in the day
Skept this blindsided me too. I feel like the the group that was behind the rights offering have something to do with this and getting the name and exposure out. I just hope something comes of it
I think since there was no revenue or sales generated from the agreement and it's just a test to evaluate the vest there really wasn't much to report. If it was real news with revenue the millions of shares traded would have been more buying and the stock would have quadrupled or more. We still have a ways to go. A lot of the headlines were very misleading
From EKSO,
That’s where the EksoVest comes in. Ford and Ekso Bionics partnered to explore how this upper body exoskeleton that elevates and supports a worker’s arms can help.
Why do I have that feeling I've been here before many times. Deja Vu....
Spot on from the article. Give them another 70 million shares and I'm sure they will dilute us like before.
The second risk (and the bigger one, in our eyes, is capital burn. There was $33.4 million on hand at the end of September but, when you’re trying to create your own industry, that’s not an awful lot.
As such, we might see some degree of dilution, especially if the company has to ramp up to meet the demands of a national rollout.
I have to believe that was a typo and should have read either a 3 or $4 Target
Well if that's the case, great, but you know that they have used shares for many other things. In March of 17 they all received raises and more stock options and then a few months later they ran out of money and had to do the rights offering. It doesn't look like they're looking out for their shareholders
Well the crooks are getting ready to do it again. Doubling outstanding shares from 70 million to 140 million. Too much water in the soup.
https://ih.advfn.com/p.php?pid=nmona&article=76083821
I have a sell order in for a third of my shares at 3. Almost got there
Well said. I totally agree! Some of the headlines made it sound like it was a deal between Ford and Ekso. A little misleading
I think by reading some of the Articles today some were a little misleading and it sounded like there's already a deal and collaboration between Ford and Esko. They're only testing two units from when I read so far but it's been very positive. If they ever sign a deal to purchase any quantity of arms to bring revenue then we should get a big big bump. Hoping for real news!
Here's an example...
https://finance.yahoo.com/news/ekso-bionics-stock-soars-bionic-173121540.html
The deal has Ekso Bionics Holdings, Inc. providing Ford with exoskeletons for their workers to use. The exoskeleton from Ekso Bionics Holdings, Inc. that offers this support is the EksoVest. The purpose of this vest is to reduce the amount of fatigue and strain that Ford employees experience when doing overhead work.
It is amazing that this news is mentioned on Ford's ticker but not on EKSO's ticker. You would think they would have that up first thing and it wasn't even discussed at yesterday's conference. Don't think these boys know how to promote their company.
What a dud! Business as usual, dead!
Agreed but look what happened to Rewalk after they received insurance coverage. A run up followed by a crash. No better then Ekso now.
Skep, I think you're right on a lot of single unit purchases. I thought they would be doing much better with their Ekso Zero G but that even seems to be lagging in sales. For those who seem to believe that this is a mainstream product and compared it with Apple I think you're out of your mind. Their GT suit is a very limited product and the zero g arm doesn't seem to be taking off with much success. Sorry but this is reality. Again I hope I'm way off base as I have a substantial amount of money invested here but really believe that they are just taking their large salaries. If there's no improvement by the middle of December I'll just take the loss and be done.
Take a deep breath. And I hope I'm wrong. I would think if they had any type of big contracts it would have been public knowledge by now.
They have to hold their shares for one year. If they get a dollar twenty-five after holding them for one year we're in trouble because the company will be needing money again most likely
Where's Rhet, Ekso's biggest fan? MIA for almost a month. Fed up? Maybe.
12 years in business. Not so new. I would think enough has been accumulated by now.
If there is any demand it wouldn't be at 1.00.