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Yeah,,,LOL!!! Bet you are having lots of fun!
I'd hope so. Trading Volume has been my biggest concern with this. Now with the holidays over that should change. If not by end of next week I'd become concerned.
Thanks again for the heads up on this one!
If we can get some volume and news I think your right. Next week could be interesting
Hi Mick: FYI on mtcinc0. The guy is hot right now. Last two picks have been dead on accurate. His technical analysis is on target right now.
Hope I don't jinx him buy mentioning but you need to follow him.
Just a witness here but mtcinc0 is hot right now. Second great call in less than 2 weeks
USSE; You are hot right now!
Hopefully by end of the month this price should be a distant memory.
Only deal I know of is the Keepsafe deal and previous P.R.'s. I'd expect Cyberkey to announce something next week at CES about deals. Hopefully a deal rather than the previous types of p.r's they been releasing.. They usually announce several P.R.'s coinciding with these types of events and they have already announced they will be there.
I think SQUM is participating with Analog Devices and Fujitsu at CES next week as well
Don't know but I think the reseller tried to control the manufacturer and in doing so they forgot all about pricing. Then the shareholders of the reseller trashed the manufacturing company making the product they needed to sell. Then probably the big reseller figured out who was making the product and said why pay the middleman.
Oh well, Live and learn and never forget who controls the pricing.
Just part of doing business and when someone gets greedy you know what happens.
It really is sad. Seriously. Especially when none on the other board would give credit where credit was due.
It is really hard to ignore a serious manufacturer and when the reseller believes they are smarter than the manufacturer of the product. Well,,,,pricing tells the rest of the story.
Oh well,,,,Live and learn. I'm really sorry this is happening at this point. Maybe they announce a deal or something. Another interview or commercial isn't going to help this.
This company needs to announce a deal or they may be done.
You are in the wrong stock. Tried to tell you but you deleted my posts.
Hi Mick: I think we were right about CKYS.
Worth reading again if missed it in November.
November 14, 2006
Sequiam Corporation
(OTCBB: SQUM)
EricDavid & Sons Text Interview
Nick VandenBrekel, CEO
Sequiam Corporation
EDS: Nick thanks for taking the time to speak with me and the EricDavid newsletter and web audience today about the exciting activities occurring at Sequiam Corporation.
As a good starting point for our newsletter readers, it might be appropriate to begin with a layman’s overview of the term “biometric”. It is somewhat of a new technology term for some of us. I know it relates to the automated authentication of persons by physical characteristics. Perhaps, you could add some insight into the science for us?
Nick VandenBrekel:
Biometrics is essentially the measurement of biological characteristics that verify the claimed identity of an individual. These measurements can be either physiological or behavioral. Physiological biometrics include fingerprints, face recognition, iris recognition, voice verification, retina recognition, palm vein patterns, finger vein patterns, hand geometry and DNA. Behavioral biometrics includes signature verification, posture and keystroke dynamics.
EDS: Nick. I know you are the Company Founder, as well as the CEO and Chairman. Could you give our audience a brief thumbnail overview of the Company history and development, to date?
Nick VandenBrekel:
Sequiam was founded in 1999 upon the principals that we could develop biometric technology to serve as a consumer convenience product in addition to adding the security provided by biometrics. For nearly 6 years the company has been in projected research and development, developing the products that are now coming to market. The year 2007 will be our first roll out sales year and already multitudes of orders for our products have been placed. During the R&D phase of our company history we developed relationships with fortune 500 companies who are now working with us as partners to manufacture; market and sell our biometric consumer lifestyle products. Historically, the adoption of biometrics has been concentrated on the government sector. Since 2004 there has been a shift in the dynamics of the market with an increased number of biometric products being developed for consumer markets. Sequiam is at the forefront of these developments. The main foray into the consumer sector is currently in the wireless and PC/network security application markets. The emergence of innovative and affordable consumer biometrics is only now taking place thanks to our company.
EDS: While we all have been to the Home Improvement store, and shopped the Kwikset® aisle, the very recent announcement of your development partnership with Kwikset®, for residential security products, looks to be a huge opportunity for Sequiam?
Nick VandenBrekel:
We have worked with Kwikset® and the engineering teams at Black and Decker for almost three years to develop an entire new and innovative line of consumer biometric products that can be marketed through the mass retail distribution channel. The recent Kwikset® announcement merely confirms the ongoing developments that are occurring in our laboratories to create new and exciting consumer lifestyle biometric products. The partnership with Black and Decker has been a wonderful opportunity for Sequiam to work with the world’s most credible company in the access and hardware market. The Sequiam BioLock / KwikSet SmartScan product will hit the shelves in the next few weeks and this product is but one of many that will be developed and marketed as a result of this strategic relationship. Sequiam is the exclusive global biometric provider to Black and Decker and we are already working on opportunities that stretch beyond the US marketplace.
EDS: As a former Banker myself, the award of the $2 Million Contract from the Bank of Uganda looks very interesting. With this Contract award, do you feel Banking may become another strong business niche for Sequiam Corporation?
Nick VandenBrekel:
Banking and the finance world will indeed be another strong business niche for Sequiam. Beyond the Bank of Uganda contract we are also introducing a brand new Sequiam product called the “BankPod” which is first going to be introduced in China through our Joint Venture with CJCC Corporation in Shanghai. The BankPod allows for biometric verification when conducting credit card and ATM transactions. No more need to sign for the transaction or enter a PIN code. Your fingerprint will authenticate your card. The Chinese market is so excited about this prospect that we have been offered to pilot this product with China’s largest bank. It is only a matter of time before this product will reach back to the United States and help with the fight against credit card fraud and identity theft.
EDS: The Bank of Uganda Contract seems to highlight another plus for the Company. The fact that Sequiam Corporation is a global firm with offices in the U.S., Taiwan, China, and South Africa would seem to better position the Company for a global sales reach?
Nick VandenBrekel:
It is a big advantage to have twenty four hour a day operations across the globe. In addition it gives us a direct perspective into the developments of biometric markets all over the world. Countries like China and South Africa are much more aggressive in the adoption of biometric technologies because there are few incumbent verification technologies in place. In the United States, adoption will be slower because of the existing technology infrastructure. In each case, Sequiam will offer its products to a willing and demanding market place, catering to those markets most anxious for Sequiam technology first. We recently opened our second office in China in Shanghai, the first one being in Guang Zhou. Our offices in Taiwan also cover the Japanese market where we have several clients including Fujitsu Corporation.
EDS: The website, www.sequiam.com speaks of cost effective biometric solutions for the masses. It refers to the Company’s ability to achieve previously unachievable price points. Could you elaborate a bit more on the advances that are driving the end user costs lower?
Nick VandenBrekel:
It is not necessarily the advances in biometric technology that are driving the end user costs lower but more a corporate willingness to make this technology affordable to the masses. Because Sequiam invents and innovates its own technology, it is not dependent on dictated component structures and can therefore set its own prices. We are committed to make biometrics affordable which I believe is the only way, in the long run, the technology will truly be embraced by all people.
EDS: The new distribution agreement recently announced with Fulcrum Biometrics looks like a win-win situation for both firms. Could you tell us more of your thoughts regarding potential sales opportunities with this relationship in place?
Nick VandenBrekel:
The Fulcrum distribution agreement is but one of many that are being put in place. Sequiam wants to reach as many customers as possible and the only way to do that is to put in place a credible distribution network. Through working with companies like Black and Decker and Fulcrum we can have broad access to millions of people in the US alone.
EDS: In looking over your range of product lines on the website, from BioVault, to BioLock, and to BioTime; are the product niches equally strong in the marketplace? By that I mean do you anticipate one area of the Company to have the strongest sales potential and thereby lead the way as the main revenue producer?
Nick VandenBrekel:
We believe that products like the BioLock and BioVault will have incredible appeal because they are such consumer centric products. They will definitely drive the market place for us and are high margin items. In addition they will drive our brand recognition as well. Our other products are more directed towards the OEM market where other companies (Fujitsu, Arrow, Kelimo, Tacoma, MagStone) will use our technology to create their own consumer biometric applications.
EDS: At the retail level, when can shoppers expect to see the BioLock products at retailers? Also, any plans on having the BioVault product out in select retailers by Christmas?
Nick VandenBrekel:
I am happy to announce that the BioLock products will hit the market this month, right in time for the holiday season. You can expect to see BioLock at hard ware stores all across the country and Canada in a few days. The BioVault is selling very well through our existing distributors and you can expect to see it in select retail stores by Christmas as well. The timing for our product introductions has been most fortunate.
EDS: Regarding Black & Decker, could you give more color, as to the anticipated range of price points Black and Decker plans to offer on the BioLock and what type of margins, royalties etc. SQUM will be receiving in this relationship? Based on the rollout of this product taking place in the fourth quarter with BDK, what do you feel is a conservative estimate for sales in 07?
Nick VandenBrekel:
Kwikset plans to have the SmartScan/BioLock available for an estimated retail price of $199.00. Actual prices may vary though. The relationship with Black and Decker offers Sequiam several contractual ways to earn revenue and profits and I won’t go specifically into each and every one of them. The good news is that we are certainly not a “one trick pony” and we look forward to revenues in excess of $10 million for 2007 for the BioLock alone. We are also working on several new products with the engineering teams at Kwik Set. These products will enter the market place in 2007 and beyond.
EDS: In looking at the recent Financials, combined with all the recent positive good Company sales related news, do you anticipate that operations would turn profitable, in the near term?
Nick VandenBrekel:
As I stated earlier, Sequiam is now transitioning from research and development into sales. We are actually a little ahead of our sales projections and based on current orders and product deliveries we anticipate profitability in the first quarter of 2007. We had originally anticipated profitability late in 2007 but our products are being so well received that we have drastically moved up our time table. It is clearly an excited time for us.
EDS: I know Investors are always interested in a Company’s Financing arrangements. Do you currently have a new financing arrangement in place? Does this current financing achieve the Company needs without significant shareholder dilution?
Nick VandenBrekel:
We are always aware of the fact that in order to grow fast we need to be able to fund this growth. Presently we are working on doing exactly that but without having to dilute the shareholder base. It will achieve the Company’s needs and even clean up the balance sheet considerably. The credibility of our recent successes has brought about financial facilities previously not available to companies our size.
EDS: Just to confirm, are the shares outstanding around 80 million shares and the float is around 30 million shares?
Nick VandenBrekel:
That is roughly the number
EDS: Is there anything else, in closing that you would like to add for the EricDavid newsletter and web audience?
Nick VandenBrekel:
Over the last 5 years we have worked diligently to create entire new and innovative technologies that will make our lives easier and more secure. The fact that our products are being so well received is both a compliment and confirmation that we chose the right business strategies.
I am blessed with an incredible team of engineers, programmers and designers who make Sequiam what it is today and what it will be tomorrow, the worlds leader in Consumer Lifestyle Biometrics (CLB™ a Sequiam trademark). The analyst and research firm Frost & Sullivan agrees and recently named us the fastest growing consumer biometrics company in the world. Our partners are some of the largest companies in the world and our customers enjoy global credibility. I have no doubt that Sequiam will achieve tremendous global success while continuing to build on its existing tradition of building state-of-the-art biometric technologies that will push the envelopes of imagination.
As I said almost ten years ago, at one point in the very near future, most if not all of human transactional behavior will be conducted through biology. The future is now and the future is Sequiam.
EDS: Nick, we really appreciate the Sequiam Corporation Update today, and wish you and the Company continued success.
Nick VandenBrekel:
Thanks for the opportunity and I look forward to keep your audience updated on the latest in our company developments.
This Sequiam Corporation interview was conducted by Greg Moses, a Consulting Editor to EricDavid & Sons, Inc.
For more information on EricDavid & Sons, Inc., please visit www.ericdavid.com.
Anything you can add about CKYS relationship with Sequiam? From what I know Cyberkey is only one of a growing list of distrubutors that Sequiam is landing on a growing monthly basis.
I don't see how any acquisition or merger would be in the best interest of Sequiam shareholders if it involved Cyberkey at this point in time. Without audited financials being readily available I feel Sequiam management wouldn't even begin to consider if it was even being considered.
Sequiam is a filing company listed a notch up from pinks on the OTCBB. They are in compliance with all SEC filings with a very accredited shareholder base. Too even consider any relationship besides selling a product to Cyberkey in which they are reselling is the extent of this relationship in my opinion at the present time.
Just asking as rumors are flying around about these two companies and I feel too much is being read into the SQUM CKYS deals.
Generally I've noticed stocks react ahead of news and in most cases top out on the actual release of news. Fact is on first of November stock was .20 and by the time Kwikset news was announced the stock was .30 or 50% move in two weeks time. Then two weeks later the stock is trending back down and low and behold some negative news is announced.
Confusion over the Forbearance issue if I need to repeat again is reason the stock price trended down. Have you counted how many times I've said that. The Forebearance issue financing concerns is the biggest risk in Sequiam right now. That is unless you have done some research and as I stated am not concerned about this risk.
I expect forbearance issue to be clarified before the end of the month as well as formal announcement about Biolock. Therefore buy here at .20 and probably a good chance you can make 50% by end of the month when news is announced.
Are you the buy the news or sell the news type of investor?
CKYS was .04 on the middle of November. Why is back to .02 now? I ask you this as you ask me to explain why Sequiam has gone down. I answered you. Reason is Forbearance confusion. Now answer me. Why the drastic drop in CKYS?
For the most part I'm basically tired of the comparisons of CKYS and SQUM right now. CKYS is only one reseller out of a long list of Sequiam distributors. We will be fine and I hope CKYS does well resellling Sequiam's products.
Interview I told you I would send. Contains forward looking statements
November 14, 2006
Sequiam Corporation
(OTCBB: SQUM)
EricDavid & Sons Text Interview
Nick VandenBrekel, CEO
Sequiam Corporation
EDS: Nick thanks for taking the time to speak with me and the EricDavid newsletter and web audience today about the exciting activities occurring at Sequiam Corporation.
As a good starting point for our newsletter readers, it might be appropriate to begin with a layman’s overview of the term “biometric”. It is somewhat of a new technology term for some of us. I know it relates to the automated authentication of persons by physical characteristics. Perhaps, you could add some insight into the science for us?
Nick VandenBrekel:
Biometrics is essentially the measurement of biological characteristics that verify the claimed identity of an individual. These measurements can be either physiological or behavioral. Physiological biometrics include fingerprints, face recognition, iris recognition, voice verification, retina recognition, palm vein patterns, finger vein patterns, hand geometry and DNA. Behavioral biometrics includes signature verification, posture and keystroke dynamics.
EDS: Nick. I know you are the Company Founder, as well as the CEO and Chairman. Could you give our audience a brief thumbnail overview of the Company history and development, to date?
Nick VandenBrekel:
Sequiam was founded in 1999 upon the principals that we could develop biometric technology to serve as a consumer convenience product in addition to adding the security provided by biometrics. For nearly 6 years the company has been in projected research and development, developing the products that are now coming to market. The year 2007 will be our first roll out sales year and already multitudes of orders for our products have been placed. During the R&D phase of our company history we developed relationships with fortune 500 companies who are now working with us as partners to manufacture; market and sell our biometric consumer lifestyle products. Historically, the adoption of biometrics has been concentrated on the government sector. Since 2004 there has been a shift in the dynamics of the market with an increased number of biometric products being developed for consumer markets. Sequiam is at the forefront of these developments. The main foray into the consumer sector is currently in the wireless and PC/network security application markets. The emergence of innovative and affordable consumer biometrics is only now taking place thanks to our company.
EDS: While we all have been to the Home Improvement store, and shopped the Kwikset® aisle, the very recent announcement of your development partnership with Kwikset®, for residential security products, looks to be a huge opportunity for Sequiam?
Nick VandenBrekel:
We have worked with Kwikset® and the engineering teams at Black and Decker for almost three years to develop an entire new and innovative line of consumer biometric products that can be marketed through the mass retail distribution channel. The recent Kwikset® announcement merely confirms the ongoing developments that are occurring in our laboratories to create new and exciting consumer lifestyle biometric products. The partnership with Black and Decker has been a wonderful opportunity for Sequiam to work with the world’s most credible company in the access and hardware market. The Sequiam BioLock / KwikSet SmartScan product will hit the shelves in the next few weeks and this product is but one of many that will be developed and marketed as a result of this strategic relationship. Sequiam is the exclusive global biometric provider to Black and Decker and we are already working on opportunities that stretch beyond the US marketplace.
EDS: As a former Banker myself, the award of the $2 Million Contract from the Bank of Uganda looks very interesting. With this Contract award, do you feel Banking may become another strong business niche for Sequiam Corporation?
Nick VandenBrekel:
Banking and the finance world will indeed be another strong business niche for Sequiam. Beyond the Bank of Uganda contract we are also introducing a brand new Sequiam product called the “BankPod” which is first going to be introduced in China through our Joint Venture with CJCC Corporation in Shanghai. The BankPod allows for biometric verification when conducting credit card and ATM transactions. No more need to sign for the transaction or enter a PIN code. Your fingerprint will authenticate your card. The Chinese market is so excited about this prospect that we have been offered to pilot this product with China’s largest bank. It is only a matter of time before this product will reach back to the United States and help with the fight against credit card fraud and identity theft.
EDS: The Bank of Uganda Contract seems to highlight another plus for the Company. The fact that Sequiam Corporation is a global firm with offices in the U.S., Taiwan, China, and South Africa would seem to better position the Company for a global sales reach?
Nick VandenBrekel:
It is a big advantage to have twenty four hour a day operations across the globe. In addition it gives us a direct perspective into the developments of biometric markets all over the world. Countries like China and South Africa are much more aggressive in the adoption of biometric technologies because there are few incumbent verification technologies in place. In the United States, adoption will be slower because of the existing technology infrastructure. In each case, Sequiam will offer its products to a willing and demanding market place, catering to those markets most anxious for Sequiam technology first. We recently opened our second office in China in Shanghai, the first one being in Guang Zhou. Our offices in Taiwan also cover the Japanese market where we have several clients including Fujitsu Corporation.
EDS: The website, www.sequiam.com speaks of cost effective biometric solutions for the masses. It refers to the Company’s ability to achieve previously unachievable price points. Could you elaborate a bit more on the advances that are driving the end user costs lower?
Nick VandenBrekel:
It is not necessarily the advances in biometric technology that are driving the end user costs lower but more a corporate willingness to make this technology affordable to the masses. Because Sequiam invents and innovates its own technology, it is not dependent on dictated component structures and can therefore set its own prices. We are committed to make biometrics affordable which I believe is the only way, in the long run, the technology will truly be embraced by all people.
EDS: The new distribution agreement recently announced with Fulcrum Biometrics looks like a win-win situation for both firms. Could you tell us more of your thoughts regarding potential sales opportunities with this relationship in place?
Nick VandenBrekel:
The Fulcrum distribution agreement is but one of many that are being put in place. Sequiam wants to reach as many customers as possible and the only way to do that is to put in place a credible distribution network. Through working with companies like Black and Decker and Fulcrum we can have broad access to millions of people in the US alone.
EDS: In looking over your range of product lines on the website, from BioVault, to BioLock, and to BioTime; are the product niches equally strong in the marketplace? By that I mean do you anticipate one area of the Company to have the strongest sales potential and thereby lead the way as the main revenue producer?
Nick VandenBrekel:
We believe that products like the BioLock and BioVault will have incredible appeal because they are such consumer centric products. They will definitely drive the market place for us and are high margin items. In addition they will drive our brand recognition as well. Our other products are more directed towards the OEM market where other companies (Fujitsu, Arrow, Kelimo, Tacoma, MagStone) will use our technology to create their own consumer biometric applications.
EDS: At the retail level, when can shoppers expect to see the BioLock products at retailers? Also, any plans on having the BioVault product out in select retailers by Christmas?
Nick VandenBrekel:
I am happy to announce that the BioLock products will hit the market this month, right in time for the holiday season. You can expect to see BioLock at hard ware stores all across the country and Canada in a few days. The BioVault is selling very well through our existing distributors and you can expect to see it in select retail stores by Christmas as well. The timing for our product introductions has been most fortunate.
EDS: Regarding Black & Decker, could you give more color, as to the anticipated range of price points Black and Decker plans to offer on the BioLock and what type of margins, royalties etc. SQUM will be receiving in this relationship? Based on the rollout of this product taking place in the fourth quarter with BDK, what do you feel is a conservative estimate for sales in 07?
Nick VandenBrekel:
Kwikset plans to have the SmartScan/BioLock available for an estimated retail price of $199.00. Actual prices may vary though. The relationship with Black and Decker offers Sequiam several contractual ways to earn revenue and profits and I won’t go specifically into each and every one of them. The good news is that we are certainly not a “one trick pony” and we look forward to revenues in excess of $10 million for 2007 for the BioLock alone. We are also working on several new products with the engineering teams at Kwik Set. These products will enter the market place in 2007 and beyond.
EDS: In looking at the recent Financials, combined with all the recent positive good Company sales related news, do you anticipate that operations would turn profitable, in the near term?
Nick VandenBrekel:
As I stated earlier, Sequiam is now transitioning from research and development into sales. We are actually a little ahead of our sales projections and based on current orders and product deliveries we anticipate profitability in the first quarter of 2007. We had originally anticipated profitability late in 2007 but our products are being so well received that we have drastically moved up our time table. It is clearly an excited time for us.
EDS: I know Investors are always interested in a Company’s Financing arrangements. Do you currently have a new financing arrangement in place? Does this current financing achieve the Company needs without significant shareholder dilution?
Nick VandenBrekel:
We are always aware of the fact that in order to grow fast we need to be able to fund this growth. Presently we are working on doing exactly that but without having to dilute the shareholder base. It will achieve the Company’s needs and even clean up the balance sheet considerably. The credibility of our recent successes has brought about financial facilities previously not available to companies our size.
EDS: Just to confirm, are the shares outstanding around 80 million shares and the float is around 30 million shares?
Nick VandenBrekel:
That is roughly the number
EDS: Is there anything else, in closing that you would like to add for the EricDavid newsletter and web audience?
Nick VandenBrekel:
Over the last 5 years we have worked diligently to create entire new and innovative technologies that will make our lives easier and more secure. The fact that our products are being so well received is both a compliment and confirmation that we chose the right business strategies.
I am blessed with an incredible team of engineers, programmers and designers who make Sequiam what it is today and what it will be tomorrow, the worlds leader in Consumer Lifestyle Biometrics (CLB™ a Sequiam trademark). The analyst and research firm Frost & Sullivan agrees and recently named us the fastest growing consumer biometrics company in the world. Our partners are some of the largest companies in the world and our customers enjoy global credibility. I have no doubt that Sequiam will achieve tremendous global success while continuing to build on its existing tradition of building state-of-the-art biometric technologies that will push the envelopes of imagination.
As I said almost ten years ago, at one point in the very near future, most if not all of human transactional behavior will be conducted through biology. The future is now and the future is Sequiam.
EDS: Nick, we really appreciate the Sequiam Corporation Update today, and wish you and the Company continued success.
Nick VandenBrekel:
Thanks for the opportunity and I look forward to keep your audience updated on the latest in our company developments.
This Sequiam Corporation interview was conducted by Greg Moses, a Consulting Editor to EricDavid & Sons, Inc.
For more information on EricDavid & Sons, Inc., please visit www.ericdavid.com.
Please view the disclaimer for SQUM here
2004 © Eric, David & Sons, Inc. All Rights Reserved.
I never said CKYS order was reason for the fall. I just said SQUM's stock price did not react positively on the CKYS announcement. Therefore it was met with skepticism. Believer me, I would love for CKYS to make an announcement and place order with SQUM and SQUM go up. However, it didnt'...Go back and check earlier announcements made between CKYS and SQUM. Basically investors yawn at the news.
Go back read my post, read it again and quit asking me dumb questions you should be able to figure out yourself.
Why do all you CKYS shareholders always want to turn and misconstrue comments?
I have no concern about bankruptcy. Anybody that thinks Sequiam is going bankrupt is a complete idiot and has not done any homework on the company.
Forbearance issue but the order from Cyberkey had no positive effect at all. Go back and look at the chart for yourself. Look at the date on the news.
So...using this track of logic why don't you go back and look at the chart. You offer no logic in that statement as the stock did go up on the Kwikset announcement. 50%
First of all like I said they didn't say anything in the Kwikset announcement. They basically announced they were working on a partnership. No orders. No specific on product, and no timetable on availability. However, SQUM was .20 where it is now November 1 and .30 on the 14th of November which is day after Kwikset partnership announcement. That is a 50% I'm sure by following CKYS you know the difference between up and down. If not go back and look at the chart.
Two weeks later a $2 million order with CKYS and 8-K on forbearance issue and it goes back to .20. Thanks a lot for the order.
Some people seem to think that just because a company issues a PR the stock is going to go up. This isn't 1999 anymore. Show me the money! Understand?
Did you participate in Name the Mascot Contest? LOL!
Huge companies like Black and Decker and Home Depot don't PR orders until all testing and trials have been completed and if product is accepted then they PR and advertise in a huge way.
The Biolock was test marketed at Home Depots in Canada and select Home Depots in the United States which is a normal pattern before a nationwide rollout. If you follow HD and BDK you will see this pattern on other new revolutionary products and how they handle PR's I've heard from reps in the U.S. Home Depots where the product was made available they have sold out. Therefore to expect a nationwide rollout of the product in the first quarter of 07 as it was accepted by the consumer.
If that is the case then you should expect a formal PR concerning this if and when it happens. There already has been a PR stating SQUM and BDK Kwikset were in a partnership but didn't announce the product. It is not hard with doing very little DD to connect the dots and realize it is the Biolock. However, its not official until they detail what they are actually doing, selling, and where it can be purchased.
Cyberkey placed an order for the Biovault as well as Davenport sales. Both were PR'd as both companies are small and probably like to have their names mentioned. They have nothing to lose unlike a company like BDK and HD.
It is not Black and Decker's policy to announce anything until they are very very confident the product will sell and all product market testing has been completed. Launching a product with the marketing capabilities of BDK without proper testing harms BDK's credibility if the product doesn't live up to expectations.
I think the CEO's of SQUM and CKYS are fairly close as both companies are penney stocks. CKYS needs product to sell and from what I've been able to research about the company they are good at selling. Therefore based on this Sequiam was probably excited hoping that CKYS could sell what they placed order for. Now if CKYS can land a major retail reseller it would add more credibility to the order.
FWIW, I've seen enough of name the mascot, and running commercial PR's out of CKYS. I own a token investment in CKYS as they are reselling SQUM products. However, the recent PR's out of CKYS have given me a sense of caution at the present time as the PR's have no substance and are just fluff. If CKYS announced some deal of significance following the order they placed with SQUM, and hopefully they do and it is still early, then you would see the stock at a different level versus where it has gone. However, naming a mascot and doing a cheesy interview like they did on smallcapengine has me on the cautious side right now.
The forbearance issue is a negative for SQUM right now as well. But after doing my research I understand and no concerns about bankruptcy in my opinion.
With penney stocks you have risks of dilution and other concerns. You need to address them all and not ignore the bad and focus entirely on the good.
I don't feel they will hit the projection of $10 million for 06 revenue. I feel when the presentation was made back last summer they were expecting Black and Decker to have nationwide rollout of Biolock completed.
The manufacturing of this was delayed about a month and a half due to testing and now I feel they will do this in the first quarter of 07. So profitable in first quarter is what I am expecting.
Not sure about CKYS relationship. I hope CKYS is for real and when I see they have made payment I will feel more credible about CKYS and SQUM relationship.
Black and Decker, Home Depot, etc. names add more credibility to a relationship versus a penney stock doing business with another penney stock.
Cyberkey needs to finalize some issues which if done will in turn restore credibility to the relationship. I say this as when Cyberkey announced the deal Sequiam's stock should have reacted in a more postivie manner. It did not so therefore The Street isn't sold on Cyberkey.
If Black and Decker makes an announcement they are placing an order of similar size to the Cyberkey deal I feel the stock will react very positive as Black and Decker has more credibility.
Correct; They are projected and I feel fourth quarter revenue will be pushed out to first quarter 07 as Biolock deal with Black and Decker was pushed back from original expectations of rollout taking place in October versus first quarter 07.
Therefore expecting SQUM profitability to happen in first quarter 07. Fourth quarter won't be released until February. I do feel they will be best in companies history and a good sign of the turnaround in the company now selling product.
That is unless fourth quarter turns out to be huge as it has not been released. However, I think this powerpoint presentation was done last summer at the Noble Financial Conference and they were expecting BDK to rollout Biolock in October and it was delayed till the end of November.
Therefore, I agree first quarter 07 should be huge and profitable which is what I'm expecting. Fourth quarter won't be released until February I think.
Check your E-mail on this site and again. Sent you my number
Thanks and let me know.
Not sure on NRA and what they do with newsletter but Smarthome that I copied in link earlier issues a magazine every two weeks and I called Smarthome today about the Biovault and I think they may have the Biovault featured on frontpage in of their upcoming magazines.
Nothing in past filings. However I do feel the 4th quarter results should be more interesting in how things are progressing. Then again, we will have to wait several weeks before they are released.
The previous 9 months Todd makes reference to mean nothing to me. Sequiam has been in R&D and their products just began shipping in the fourth quarter and mass distrubution of the Biolock isn't expected until first quarter 07 which we are 2 days into.
CKYS needs to get their audited financials released. Announce a deal rather than the fluff news of commercials and naming a mascot and the stock will trade better.
Sequiam needs to address the Forbearance issue which I'm not concerned about but do feel has caused confusion by anyone that doesn't understand. Clarification that they are not in default should get Sequiam back to .30 in quick fashion. Hopefully this will be addressed in the coming weeks as well.
If both of these companies would address the above mentioned items then I would expect a positive reaction in the stock price. Until then caution is the course of action until then.
Ever heard of Kwikset? I didn't post entire headline as well. You state only PO in 4th quarter was from CKYS. Thanks and we do appreciate the $2 million order. But there was the other $2 million deal which you immediately want to discredit.
However, bigger and better things are in store if you read the entire articles I copied. I'm expecting to hear more about what Sequiam and Kwikset are doing besides just entering a partnership. Possibly announcing a formal deal on the partnership's products. Maybe a formal announcement of the lead retailer selling. This is just speculation on my part but feel the next few months could be exciting for Sequiam.
It really is incredible if you are able to understand and look at the bigger picture rather than be so consumed in how one company resells another companies products. I'm glad to have Cyberkey as a reseller. Also very excited that Sequiam isn't relying on just one reseller. Incredible alliances being formed.
Yes, missing a lot and obviously not paying attention.
Sequiam Awarded $2 Million Contract With Bank of Uganda
Market Wire (Tue, Oct 31)
Kwikset(R) Announces Partnership With Sequiam Corporation to Provide Consumers With Biometric Security Products
PR Newswire (Mon, Nov 13)
First quarter 07 for Sequiam should be exciting. They will be at CES this coming weekend showcasing products with their partners Analog Devices and Fujitsu. Then in early February will be at the National Homebuilders Show with Black and Decker.
Hopefully Cyberkey will announce a deal that will result in a PO. The sooner the better.
Do you realize Sequiam did not begin selling the Biovault and Biolock until the fourth quarter? I really don't desire to get in a pissing match with you about discussing Cyberkey's financials and do hope they do well selling Sequiam's products but don't bring up financials until your precious Cyberkey is able to get satisfactory financials and get off the pinks.
Saving SQUM from bankruptcy? Give me a break. SQUM has bigger fish in the oven than Cyberkey.
Not sure what you mean by "SQUM's marketing leaves little to be disired" as they have single handedly landed deals with The National Rifle Association and just today I noticed Smarthome is carrying the Biovault. Not to mention deals in the beginning stages with Black and Decker and Home Depot. All of these are pretty big names.
FWIW; I hope Cyberkey did land the deal with Costco and its not another rumor and if so hopefully they will announce something soon as news of this type of deal would do more for CKYS than running commercials along with the type of news they have been releasing prior to Christmas. CKYS needs to announce a deal. The Keepsafe is Sequiam's product. Be interesting to see how Costo prices if this rumor is in fact true.
Surely 2007 will bring out something of significance.
http://www.smarthome.com/74660.html
Yes, Holidays have my finger typing in wrong symbols. Glad the market was closed today. Yes, great call on SFWJ. My bad.
Notice Smarthome now carrying SQUM Biovault.
Full Link Below:
http://www.smarthome.com/74660.html
Smarthome now carrying Sequiam Biovault
http://www.smarthome.com/74660.html
Just a rumor at this point.
Did notice Smarthome just began offering online as well. Are you familiar with Smarthome?
Full link below:
http://www.smarthome.com/74660.html
Smarthome now carrying the Biovault
Looks like resellers of this continue to grow.
Full link below
http://www.smarthome.com/74660.html
Rumor has it Costco could be one of the first retailers to carry Sequiam's Biovault. I'd expect some announcements about this in the coming quarter.
Iceman: Nice industry to be evaluating. I'm aware of several companies involved in Biometrics and not sure about the highest percentage gain for just one day Jan 3,2007 but will enter Sequiam symbol SQUM in your contest.
However, I do feel before the end of the first quarter the story on Sequiam will be well known and publicized and the stock will have appreciated greatly from the current .20 area.
Mick: If new IR firm that announced they were covering this is any good we should see some volume early January.