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It is exciting. But let's look at what it means in terms of where we are toward revenues.
1. The product is finalized. I know that means the hardware is finished and I assume the software also.
2. They have therefore finished stage 2 are into stage 3.
3. Stage 3 is live trials - which I assume means they are seeing how it works in real time and, again I assume:
a) testing how all the connections work and that the data goes where it's supposed to.
b) training people how to use it.
4. When that is done, the only thing left is selling it. So...if my logic is correct we are are my step 3 away from finding out if there are people who want this product and how many.
5. If they do, the fun begins.
Announcement is out.
http://www.deploy.ca/news/DeployProvPatent.pdf
They can now do live trials.
Slow and steady wins the race.
If you have taken the time to put a product together right,
A product the market is looking for,
And will pay good money for,
And the same management that knew how to put the product together right
Also knows how to reach the market that is looking for that product,
We have a winner here.
For all you short termers who are looking to get in and get out,
And for longs, like me, who are looking for multiple price appreciation.
It will have been worth the wait.
Oh, how the market doesn't like no filings. Continues to punish.
Am positioned, am hoping.
I've been trying to find out why the filing is late - talked to anyone I can find who might know. Any ideas?
That they are covering all the bases is the basis of my hope for this company. It means two things.
They have a product that some companies are looking at for possible purchase. It looks like there is a market here.
They are proceeding methodically, which suggests they are bringing smarts to how they are doing it.
I've put my money on both those things being true.
Apparently they are making it really fancy.
I think they are not doing this in a vacuum, but are talking to real truckers with real needs, so I don't think it's put something into just because we can.
I get where you are coming from on your time estimate. My son is in the quality control part of software, so I've heard of all the checking that needs to happen. It never takes less time than you first think.
Thanks again for more detail on the need for what DPLY is working on. I had it in theory, but your description makes it clearer.
I checked out your link. It looks like you've got a lot of the data collection and organization covered. From what I understand, DPLY is putting together these same capabilities where you can buy one or all.
Since you have most of it already, and need only the weigh on the fly, you can buy just that function, as I understand it. I hope for you and us investors, both, they are able to do that sooner than the 6 - 8 months your guessing.
This is very helpful, detailed information about how all this works in real time. It sounds exactly like what they are working on. All along they have said it will save lots of money for the companies who use it - and this helps me see why that is so. It sounds basically like organizing lots of details about trucks, what they're doing, where they are, how much they're carrying, etc, and putting it all in one place in real time.
I can see where that would be a huge advantage to a trucking company.
Since this is so, is what you are using already on the market? Did you say someone is working on franchising it? And what can DPLY have that's not aleady out there in what you have?
Thanks again for the information.
Thanks for the further information on the range of needs in the trucking industry for this type of product - and hence the variety of functions that might be possible.
Good to get information.
I think we are seeing it the same way about the stock side of this - no dilution no pumping.
The situation is the business side and when the product will be going to market and revenues begin. From where you sit, it looks like months, not weeks. And that is because trucking companies are looking for a lot of different things and you can't do them all with this product, so you have to pick and choose.
I think they are saying that - they are working at getting several functions into this device. Perhaps that they are trying to get so many functions into it means that there are just more things to tweak - and that adds to the time frame.
I agree with all the talk about the stock part - whether they're going to dilute, when it's going to trade, whether it's going to trade. That all depends on what the business does, it seems to me.
Since you have some knowledge of the business and seem to have a reasonable judgment that these things take time, is the 6 - 8 month time frame you have mentioned your own guess of when this product will see the market?
Since you're interested in it for the company you work for, you must see a need and are assuming and/or hoping Deploy has a solution that would help your company.
That looks like a reasonable analysis of the time they have taken to get the product to market. I am reading them as being particular about getting things right ahead of time to avoid problems later.
From another post, I think you have knowledge of this product and what the market is looking for - this explanation makes sense.
Thanks for the detailed response. It's good to know that there are other products out there already in operation. Since that is the case it makes sense that they have enhanced their product to either catch up with the existing market or get ahead of it.
Given this situation, your caution in recommending this stock at this stage makes sense. It's a different world out there if a company comes up with a niche and fills an umet need or if they have to build a better mouse trap to sell their product.
It's a help to have your information here.
Thanks for your response, 'SunScents'. I like it's reason and thoughtfulness.
You are right that in the beginning they had an idea and they developed a prototype for that. Upon further review, as they say, they decided to change it and make it more complex, picking up more data.
Question - in your opinion, was that because the technology for weighing on the fly (1) didn't have a market, (2) was already out there and the competition made it unlikely they could make a go of it with that technology only, (3) in the process they saw greater possibilities with a more comprehensive product?
As I see it, if the answer to #'s 1 and 2 is 'Yes', then we're not in as fortunate a position as if the answer is #3. That means they're chasing the market and not finding a niche in the market.
Any thoughts on that?
I haven't checked back over the many months of posts to see how long the dilution flag has been waved, but I know it's been many. Hasn't happened yet. Ain't gonna happen. They've done what they have done so far without it, isn't going to start now.
Only question left here is whether the product has a market.
That is the only thing unknown so far.
It looks like lots are waiting for that certainty before buying. I can understand that choice, but I've made mine and I'm glad I'm in where I'm at.
I think this is where the real discussion is on this board. The product is there. Will they find a market? Opinions, please.
'Factorin' I think I misunderstood your point. I do think people chase moving stocks whether there is substance behind them. I'm always amazed by how much stock chasing is driven by emotion, no substance required.
I think this stock is stagnant because its price hasn' been pushed by the company. My point was the time will come when there will be a price rise and it won't be because of promotion. It will be because they have a product and a business plan.
There has been no promotion in over two years, so I think you're right, we're not going to see one now.
What we're waiting for is news about product implementation on a real truck and a real truck company that's interested in having the product be tested on their vehicle.
Then we're closer to seeing a trucking company ready to pay for the device.
When that happens, it's all over. No promotion needed.
I see the disappointment in your respose, that the company does not have a trial partner right now, but that is not news. That has been known.
What the release says is that they have finished stage II - the news we have been waiting for since January. That took longer than expected for stage II because they were enhancing the product to fit the wishes/needs of specific parts of the industry.
Now that is done. They won't have to do that anymore.
Now, they are on to stage III where they secure a live trial and write the software. I am not a software person, but I know it doesn't take 6 - 8 months to write software, once the needs for the software are known.
That could be weeks, not months away. And...when they are into live trials, they are also seeking revenue contracts - which mean that could start quite soon also.
So.... 6 - 8 months seems a bit pessimistic - I think the release says - we're ready to move forward with the business.
I took a look. It's pretty neat to see that symbol up there.
It is hard to believe what this company could become. All the time they have taken since the January announcement has been well spent. They are building something that could rake in revenues. I'm telling people - don't miss the boat.
I think it's where 'are' all these fantastic things promised.
They are in the works. The first time I read about a stock being 'for the patient investor', I thought it sounded good, but I was often impatient. I sold a stock when it went from 1.50 to 6.00 and forgot all about it - when I looked a year later it was $26.00.
The patient investor is going to see some really good numbers here - when all these fantastic things start to be announced. Don't go away, War Eagle. Buy and hold.
Only late for those who are in a hurry.
Factorin, I think you've said the whole story about where we are with this company right now. They appear to be developing a richer product which is why stage 2 is taking the time it is. Won't it be fun when the cover comes off of this and we see what it is?
And - you're right again - it shows no pump and dump operation, but a real company in the making. Right now I think we have no idea how big it's going to be. But those people closer to it who put in the 1/4 million might have some idea.
The longs are in the right place.
It's nice to be optimistic, but by the end of March, without stage 2 finished?
Orca,
I think you are right on both accounts. Somebody put in 1/4 of a million dollars - at this time. Why now and not a year ago? Money always talks and this money says there are believers up close. Believers who are confident they will reap a good return on that money.
And you are right on the second count. Sometimes I wonder - what's taking so long on stage 2? But I think the answer is - they are taking however long it takes to get it right, so that when they announce, it will be ready for market, with all, or most all of the hiccups taken out.
Doubles, triples, quadrupiles, multiples are worth waiting for.
I just looked at pink sheets and found 'interim financial report' and management discussion. Reading confirms the company is working methodically to put their product together.
In addition they are showing some cash - have enough for product development and reporting requirements for a year out.
For the patient investor who is looking for a multiple, this is the place. In the near futher from the dollar range, .23 is going to look like a long way back.
I'm glad I'm positioned in this one.
You'll be surprised when the news starts coming out. These guys are smart and they're good managers. They're not going to be hurried to get to market just to get there. They are taking their time to get it right - and when they have it right - watch the news releases come out.
No,it doesn't sound like much, but I guess someone wants to turn a hundred into a thousand or more.
I know you're a secret owner, just having fun on the board. You know this thing is going to rock when the news starts flowing.
New web site - pictures tell a good story on this one - the variety of uses for the product.
Aha! But it's just a quiet period before a storm. And even in this quiet period, the stock price has gone up!
Wait until the market sees what they show off when the quiet period is over!
Thanks for the alert on level 2 on pink sheets.
Thanks, Samplescave. Eight is a decent number.
How many market makers are there now following this stock?
catdadyrt, thanks for your post. It is good to see information come onto this board from someone who is in the field and can see first-hand the potential for this technology.
This speaks to a question I have been wondering about and posted a possible scenario for profit to the bottom line for trucking companies. Not knowing the specifics, I did not know how close my speculations were. (See my post #495.) Your specific examples mean my numbers may be a bit of an under-estimate.
So this does mean, as you say in your next post, this is a longer term play. If trucking companies are going to add significant profit to the bottom line with this technology, it's going to be worth it to them, even necessary, to have it.
The bottom line I take from your message is - patience. If the technology fits the trucking company needs, the product will have a solid market, and revenues will come in - handsomely.
SunScents, have you looked at the web site, read the news releases, seen the product?
Their product will enable trucking companies make more money - which makes their product worth money to those trucking companies.
Unfortunately, we don't yet know much more money this product will add to the bottom line of trucking companies.
When we do see this estimate, then you will see why no one who has the stock is selling it.
As for why people aren't buying it, I think they are holding their money, waiting until trading starts. They think they can get in at .23 or so then.
Maybe they will make it in at that level But I doubt it.
SunScents, thanks for your reply. Now I understand your disappointment in this stock. There's no way you're going to make money on trading on the ups and downs of volume here.
If someone told you that could happen, they were obviously wrong.
This is not a company intersted in promoting volume in the stock for its own sake.
They are intersted in building a company for the long haul. Right now there this is not a place for day traders.
It is a place for patient investors who want to make a lot of money by buying and holding.
I hope you find better field of endeavors for what you're doing.
SunScents, when did you buy this stock? I've been following it a long time, and it hasn't traded much in the time I've been following. Even when it's traded, the lowest has been .10 and just a few shares, as was the 10,000 share trade at .17. You must be referring to a time some time ago.