Listened to today’s conference call, same old BS.

This guy Fred doesn’t have a clue as to how to develop an affective sales and marketing team or strategy.

This company needs to cut headcount I at least 50%.

Sales and marketing VPs should be terminated immediately. How many years do we have to put up with in effective sales and marketing strategies?

0 sales/customer development

Totally in effective marketing plan

incompetent salesforce

No understanding of target markets.


If I were wrong about any of the above, we would actually have customers and sales. We have neither and this is the reason why.

Time to clean house, just leave somebody there that can turn out the lights.

The CEO of Clear biometrics just got a nice interview on CNBC, disruptors series to talk about their fingerprint technology and its use in airports as well as payments.

Looks like a privately held company at this point, exceptional press for this company talking about biometrics

I’ve listened to 65 quarterly conference calls and with the exception of maybe two, it was never anything other than a loss. Not counting on this one being any different.

Did anybody read any of this proxy material? There any point to looking at it and voting?

I’m guessing it’s the same old, same old. Reelect the Board of Directors and everybody should have a raise.

OKTA up another $1.50 this morning to $105 a share.

Started watching this biometrics Company seven or eight months ago in the $40 range, now $105 a share. Really blew that one. Should’ve been dumping BIO-key and buying OK TA

Anyone familiar with a company called OKTA Inc. OKTA?

This company is involved in cloud authentication and has products in the multi factor authentication arena. I’ve been watching them for probably 6 to 7 months and have witnessed them move from the $40 a share range to over $100 a share now. Over 100 million shares outstanding and it looks like they lose a fair amount of money but for one reason or another, Wall Street believes this company is worth over $100 a share. Appears to be a very rich valuation but the intriguing part is they’re offering in multi factor authentication.

So my big question is, is this company possible competitor or potential customer to BIO-key?

Why are we testing support at$1.10 per share. I was pretty happy with the support we were getting from insiders buying at $3.60 a share a few years ago.

Let’s stop testing and sell something. Enough already.

If you do a Google search of the top 10 fingerprint biometric companies in the world, BIO-key doesn’t even show up. What’s even worse than that is that a bunch of companies I have never ever heard of are listed.

Nearest I can tell, they’re pretty much useless. I don’t think they have a clue what we do, then again, I don’t think anybody does.

Clearly, they have no clue what our target market is and Who our target customers should be. That is evident by our lack of sales. I think we’ve been paying these people for for five years now and we still have Close to zero name recognition. What a great PR firm they are.

What’s my point? I don’t know, 1 billion shares outstanding, that’s a lot of outstanding stock. That’s my only point. Doesn’t that seem like a lot of stock? Do you have any idea what their revenues are? I’m not taking shots of the company all I’m saying is when I evaluate a stock I look at revenues and shares outstanding and things like that to try to figure out the value. I don’t care how I make money, I only care that I don’t lose money.

Almost 1,000,000,000 shares outstanding, 1 billion, is that really correct? That is a lot of shares.

I think you mean sonar, this thing is so underwater, radar isn’t even affective, therefore, sonar might find it.

I have always said that “you can’t fix stupid”

And the undeniable proof, I have increased my holdings in this company by about 10% in the last 30 days. Stupid is as stupid does.

One of these days I will learn to keep my finger off the buy button.

I think the $7.20 figure is quite real given the number of shares outstanding now and the significant increase in revenues along with projected guidance. And let me emphasize, I think that’s a minimum target.

And let’s remember, management has reaffirmed guidance. I think it’s entirely possible that this company could actually do good for a change. I don’t think I’ve been this optimistic in over nine years.

Last comment before I crawl back into my hole, always remember, volume precedes price and the volume has been ramping up quite significantly over the past few weeks. Keep in mind, the float is very small on the stock now as insiders hold over 50% of the outstanding.

Looking for a minimum price target of $7.20 a share, should be easy to get there given news

Nice movement in the share price the last seven days. There’s absolutely no reason why this price shouldn’t at least double from here if not more than that given the significant amount of insider buying at $3.60 a share.

Even $3.60 a share would be considered extremely low given guidance and opportunity.

A lot of good that did me, my last purchase of the year and most recent shares go into 2019 underwater already. Purchased at $.7669
And already underwater. I am not sure why I should’ve expected anything different.

In those famous words of Forrest Gump, “stupid is as stupid does“, I added another 5000 shares of this stock today.

Who knows, maybe it will be all uphill from here in 2019.

Thank you

Anybody know what time the market closes today? I am told 4 PM but I thought it closed earlier on New Year’s Eve.

I’ve been around here since “Hector was a pup”. About 19 years to be exact.

I also believed this company had tremendous potential and in reality, I still do. Unfortunately, I think marketing has been the major failure of the company in not building a broader customer base. I think they had believed that they could be successful elephant hunters going after only the largest of companies and ignoring the smaller ones. It also doesn’t help that they don’t actually have a salesforce to speak of. I see no evidence of a strategic OEM and user customer development plan. Whatever there go to market strategy has been over the years, it is unfortunately failed miserably.

But looking on the bright side, it can’t really go down much further, can it?

Maybe next year will be our year.

Congrats to you, I guess that’s why no one’s ever accused me of being very smart.

Somebody hollers “timberrrrrrrrrr”?

Why did Nite think of that?

Today’s trading not very reflective a company that has confirmed 52 week guidance of $8 million+, a historic mile stone for the company, and even more significant revenue projections in 2019.

Not good, haven’t even finished this post and we are now below one dollar a share at $.96.

Now that we have conventionally pierced the one dollar threshold with reasonable volume for this hour and and 18% drop and share price, I’m concerned that the NASDAQ listing could now be in jeopardy of a delisting notice.

I can’t say I didn’t see this coming as I fully expected it since we haven’t sold anything or announce the sale of anything and marketing hasn’t provided any substance that would indicate that our future as a company with achievable revenue can be realized.

Not very promising.

I have been expecting that to happen for years, I think that is the long term play, trying to go Joy will take control of BIO-key for pennies on the dollar strictly for the NASDAQ listing.

I have always believed that that would happen somewhere is around $3.60 to $3.80 per share giving Wong’s substantial buying at that $3.60 price but I think those hopes of been dashed. I now think that it will happen probably at $1.50 leaving next to nothing but a long time BIO-key shareholder.

Would love to be wrong about that but unfortunately I don’t think I will be. Let’s not forget the last batch of shares that Mike sold were at $1.50 a share.

A reverse merger??? Please explain what a reverse merger is.

I have long believed that the ultimate goal here is to use BIO-key as a NASDAQ listing vehicle for china gold joy. Perhaps that’s what you’re talking about and if that is, I’ve been talking about that for three years along with the value of tax loss carry forwards which can be quite lucrative in that kind of a merger.

Absolutely not on the reverse split. I was deadly against the reverse split that we undertook in the past few years not only the two for one but then the 12th one reverse flats are quite honestly what destroyed whatever value was left in this company.

When you look at those reverse split by the way they took us from I think 180 or 200 million shares and reversed it down to approximately 7 1/2 million shares. I think it has been less than a year and a half and they have now doubled that outstanding amount of shares again so all we do is keep the looting the stock. Prior to announcing the reverse split the stock was trading in the $.25-$.30 range and if you now look at it trading at $1.25 R-value has been cut significantly. That translates to roughly$.05 cents a share today. Financial reengineering is not the issue. The real issue is selling something.

The company has no salesforce and Nelle market development to speak of. On top of that company doesn’t have the money to fund the salesforce and there are quite honestly much better ways to develop that market but nobody at BIO-key seems to ever want to listen. Trust me I brought this up to management 12 years ago and they have no interest in listening.

And by the way, just so you don’t think I’m a Monday morning quarterback in the salesforce game, I spent my career in sales force management with some of the largest corporations in the world. Quite successfully I would out so add.

Pretty accurate on all accounts. Add to that the total lack of a salesforce and inability to even understand how to develop salesforce to market, specify and ultimately sell this product.

The company has reiterated guidance of $8 million plusfor 2018 and it would appear that nobody even believes that is significant any longer. There is really no way this company can survive on one or two orders a year, a reoccurring stream of revenue with Q over Q growth or year over year growth is the only way this company will make it. Marketing should have been developing an OEM strategy that would create that revenue stream instead of putting all their eggs in the basket of a few large user accounts that never really materialized.

This trading makes absolutely no sense whatsoever. With The guidance confirmed re: the Best revenue year in history I believe, it’s amazing that the stock is trading at this price.

I tried to snag 5000 shares at the $1..07 ask this morning at the open but I didn’t get them. Somebody else did. I definitely don’t need anymore of this stuck in my portfolio but if it continues with this weakness, I will start adding more today.

I Amish, I figured it was strictly for the poll workers. I think the real question is how do we get marketing to start to promote this product for the general voting population. Isn’t that where we should be going somewhere or what we did in Nigeria or Bangladesh or just one of those Third World countries.

This is where marketing needs to develop a comprehensive plan to specify and sell this product and its features and capabilities to the election boards across the country. Why in gods name are we still using paper ballots and antiquated systems. If our software is as good as they say it is, why can’t the voting public vote from home on their computer or smart phone device?

$10 million plus quarter, did I read that correctly?

This should be the “mother of all gap ups” this morning.

Is that why insiders we’re buying a year ago at $3.60 a share?

Wouldn’t this be the perfect opportunity to talk about our past experience with voter registration projects that we have worked on in the past.

This is what a top-notch marketing team would do. Find a problem at proposed solutions to Manny different venues. Why aren’t we plastering our voter registration credentials on Facebook at least. It has to be far more significant than talking about bicycle locks. I hope somebody and marketing is working over the weekend to create a proposal for these people in Florida as well as the nation. How about a full-court press package to go out to the media.

Of course I had this conversation with management well over 10 years ago after the 2000 election.

Enough is enough, I think it’s time for BIO-key management to come out and directly Address share holders reasons for the market selloff and complete collapse of the share price of BIO-key.

The company has overwhelming insider support which includes over 50% of the outstanding shares being held by insiders yet the stock price continues to collapse. What I find even more troubling is that the insiders that have taken this majority position in the outstanding shares available have done so had a significant premium, $3.60 per share. Why the disconnect?

Management continues to reiterate upside guidance for 2018 which I believe also includes profitability. Why do we have sellers bailing out that this historic low price?

We are maintaining sails guidance and upside sales guidance for 2018, so the question really needs to be asked, what is it that investors know longer believe. Marketing, the individuals that I would hold responsible for promoting the future direction, market opportunities and strategic marketing plan for BIO-key has clearly failed at communicating an executable marketing plan and direction and therefore the time has come to make a change.

With the exception of a brief shining moment about 10 or 12 years ago, we are at a new all time low. As I recall, we hit the equivalent of 4 1/2 cents a share one day many years ago. I actually felt really proud that I bought shares at the all time low. Of course I’m not feeling too proud now that we revisited that historic moment.

By the way, but those of you that are mathematically challenged like me, the current price of $1.20 a share equates to five cents for a split.

As that old saying goes, “Houston, we have a problem“.

I’ve been asking that question for years, they keep announcing these projects that missed the quarter and it supposed to show up in the next quarter but they never do. What happened to that business never ever seems to materialize and we MoveOn.

A few years ago our guide this was something like eight to $12 million and then there was a high target of $20 million, we never got any of that and that business that supposedly would generate that kind of sales, never ever materialized.

I I think the sad reality is that this company is done and it’s pretty much over.

Very interesting, BIO-key doesn’t even show up for the CNBC ticker any longer.

So much for NASDAQ listing. If price drops much more will be delisted anyway.

Wouldn’t it be great if voter ID was required using fingerprint authentication.

Imagine a system that allowed you to vote from home using fingerprint identification on your computer or mobile device that could authenticate the voter identity. That shouldn’t be too hard to do given our technology should it?

Very troubling trading pattern.

How many old-timers remember the days back when we had the preferred shareholders? As you recall we would constantly sell off on any news that came out from BIO-key and it was our preferred investors that seem to be driving the price down. Are we somehow back in that same scenario? Company has produced at least some decent news in the past couple of days and all we have done a selloff. Minimal volume but selling off nonetheless.

Any other theories on why we are trading at near an all time low? Wong buys it $3.60 a share, the new investor whoever he may be, buys $1.50 a share and we are currently trading at about $1.40 and below per share.