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Why wouldn't the Peraltas just buy GTEM or the wireless division for a couple dollars a share (after the SEC probe is complete) v. contracting with GTEM for a huge contract? 200 or 300 million to them to buy the wireless division is small compared to the contract size of the rollout. They also could collectively as individuals be accumulating 4.99% stakes to make the overall cost lower. With all that's happened, I think most shareholders would take a few dollars a share to sell the wireless. The company could issue a cash dividend for some of the proceeds and sink the rest into sanswire if it still seems viable. I don't actaually think this will happen, but want to point out the new leadership will have lots of options and things to consider going forward and I wouldn't be surprised if we finally get a good bomb to drop for once. IMO. GLTA
I would hope he gets them out before the communication to shareholders referenced in last PR scheduled for first week in December. The AF would answer a lot of investor questions IMO and be a pre-req to a major PR and marketing campaign.
It's a much better system than we have now. I used to work in an ER and getting records on patients from out of town is a nightmare to say the least. Records take hours to be faxed even if they are from another hospital with 24 hours medical records. forget records from a private office after hours or records with the telephone game from family members. no system is perfect. IMO there will never be a national database so the cyberkey (or some other practical solution) would be the next best thing. the system now is horrible and scary IMO. we need movement on it nationwide.
You could incorporate into a necklace or bracelet or at the least on a key ring I would think. I just don't think a national database is the way we will go as think of agreeing on how to secure all that data and access. Also think of the problems with agreeing what to include or exclude. Does the database include HIV treament meds, psychiatry meds and records. Would there be more limited access and separate database for that data, yet it would be pertinent at point of care for an ER visit. Also, how do you get the ER that uses an EMR from GE to connect with a cardiologist EMR from Allscripts and exchange data and updates. Long story short I don't ever see a national database of medical records for above reasons and others. What is best option going forward to get same access?IMO it is a product like the cyberkey. Also think about this one. HIPAA has created this hub bub about securing medical records. Ever see a chart on a door unattended when you go to the doctor? Couldn't someone walking by grab the chart and start flipping through it. What about a cyberkey as the 'chart' at a doctor's office. Would be much mroe secure and just as portable and a great backup even if they have a 'complete' EMR.
Excellent post. As someone in the medical field, I completely agree with you. Some people foresee an interconnected national database of medical record data to be available at any ER or doctor office in the country to speed care, lower costs, and avoid duplicating expensive procedures. I don't. I think securing that kind of database and making them interoperative with all the EMR players will never happen. I believe your idea of a cyberkey personal, portable, medical record database will be the wave of the future. Even having just a prior ECG or x-ray and medicication list available would be HUGE. Should be great for CKYS long term. In the next months though there are many other great things coming our way with CKYS. Great opportunity here IMO. GLTA
It's been rumored for a while that a major retailer was going to carry the Keepsafe biometric safe product, perfect gift for the holiday season for home gunowners etc. Wouldn't be surprised if they also carried the new biometric deadboldt revealled last week in Hawaii as well. IMO
It's a high revenue generator and could operate stand alone. A financing option without dilution going forward would be to sell centerline. I would think it's value is higher than current market cap. I suspect it wouldn't be able to be finalized until after the SEC investigation. After reading this, my bet is centerline is sold soon, perhaps to a company like global crossing that would be able to integrate the business and increase margins due to greater efficiencies in their business. IMO
Interesting point about the forgery prospect. I would think that a traditional key though is much easier to copy or to 'pick the lock' of a traditional key entry system. You still can't stop someone from taking a sledghammer through your windshield to get in the car. I'm sure the lock is not fool proof, but what lock is? I would feel better with the better security and ease of use of a bio-lock than a traditional lock any day of the week. IMO
Hopefully it's the company using the million dollars allocated to buy as many cheap shares down here as possible. The lower the price, the more shares removed from the float. A low price can be good for the company and long shareholders for a while. This is very good long term for all us long shareholders IMO.
I hope so, it would be perfect timing for the company to buy more shares at lower prices for their buyback. The more shares removed the better for the company and long shareholders in the long run. In fact if I were Plant I would hold the PR until I got all the shares cheap. .02 per share v .033 per share is 20 million shares bought back and off the market for the million dollars approved.
PS I actually think it will go up in am as I think it was pushed down as end of month window dressing for those short. IMO
Jim seems to have a good plan started. the timing of the PR to change things up yesterday was awesome. Now we can get news at times other than pre-market. The pullback is not only a great buying opportunity for us previous investors, but looks attractive to potential new investors finding out about the CKYS story at the conference in Hawaii going on now. These new buyers will be coming into the stock the next few days IMO and I look for a strong end to the week.
Nice job CKYS! Brilliant move on your part to buy back shares. It is proof of the excess cash even before the AF as (at least for non-pink) stocks you have to use operating cash flow excess to buy-back shares not borrowed money or funds from a private palcement, etc. Also, if anyone thought Big Apple and Jim were friends of shorts, the timing of today's PR to break the pre-market trend throws a whole new wrench in the shorts' plans IMO. Holding all my shares for a more 'normal' PE to be established and the shorts get crushed. GLTA
Cool stuff! Makes a lot of sense and would be of great benefit to our men and women in uniform.
Could have medical records and emergency contact info on the 'dog tag' key for easy availability and portability. Also the recent highly publicized VA breach of protected health information from a lap top could be prevented in the future with cyberkeys' solutions. We have a real winner here IMO. GLTA
Use a higher per barrel oil price like we will likely see after the elections.
CKYS might not gain lots of market share with the bio-vault, I think the bigger money makers are the other products. The one-stop shop affect might get us more share with the bio-vault than you would think as well as volume and military discount pricing.
I think people are smarter than you give them credit, lol. Seriously it is a non-issue long term. the big issue is other contracts and aufited finacials.
Companies have multiple agreements to maximize revenue all the time. More outlets might raise consumer awareness and help everyone.
Or some other force to crush the share price. With all the shares traded in this range, I don't know how much profits are left.
it was on a monday about 3 or 4 weeks ago and price went up to .023 intraday
Seems like an awful lot of shares traded in this range to not have a naked short problem. When the volume doesn't seem to match up with price I am suspicious. Might be time for a NOBO list and share dividend by Plant IMO. Even without audited financials there is such a disconnect between company fundamentals and pps I see no other explanation other than naked shorting to keep us at these levels. The governmant contract mentioned in every PR is clearly real and should be a driver of price per share if allowed to trade on its own merits IMO.
That would be great. 'Sour' Apple doesn't seem to be good news for any company. Look at PLNI and HISC. Aren't those Big Apple clients as well. Those two look to have trouble with naked shorting.
Very interesting. Thanks for sharing. Looks like the dollars could go over the 600 million of the russia deal, this time with money in hand ahead of time I would suspect. I like the fact Huff is working on this project. He seems very capable of getting this done and his background and experience with telecom projects in latin America will be very beneficial.
I would make a show out of it at Media day in late Oct. and pull it tethered to some vehicles early in the am so the roads aren't very crowded. Even at 5 miles an hour ir would only take 2 hours. The media would get great shots and the trials at Edwards would be more publicised IMO.
I would suspect we get 2006 Qs 1-3 by end of Oct. That and a new contract PR would be great publicity going into the end of month Hawaii conference and raise the visibility and credability of CKYS to potential customers IMO.
One other thought on OS count. To anyone. Could the company be buying back shares and not want the OS count known until after it's completed as they want as many shares as they can buy back at these prices? I always thought a company had to disclose buybacks, but on the pinks that might not be the case. If the OS has decreased from previous levels that would surely cause a run and increase the price for any ongoing buyback. A buyback would also be a reason for the previously not quiet company to suddenly become mute temporarily. Any way you look at it, if the AF are anywhere near the previously released numbers the longs have a homerun here. GLTA
Wouldn't they have to tell the number in case an investor wants to know when they have to file a 5% ownership stake with the SEC or does that rule not apply with pinks?
Completely agree with your last 2 posts. As a point to consider, I would think the tax-loss-carryforward value (once the SEC situation is squared away) is worth much more than current market cap to a profitable acquirer(s).
Probably a few short term traders expecting a PR today that don't want to wait until later in week, since we aren't getting one today it appears.
The naked shorting SHO list stuff IMO has never been figured out how to address by any company other than to be acquired by another company which forces all covering.
If the lawsuit cases "go south" it will have little material affect on GTEM. The lawsuits will be consolidated, likely not given class action status (based on a march 2006 US Supreme Court decision), and any losses over GTEM's deductable (likely already reached) will be covered by insurance. The final lawsuit will likely be limited to 50 or less shareholders (who due to the unlikelyhood of a huge settlement probably won't get a contingency status by the law firms) and will be limited to their actual losses between the narrow dates specified in the case. I really would not worry about the lawsuit(s), the biggest worry IMO is like others have said lack of sales and profits.
GLTA
added. Also remember a court of law is much different than an Amex tribunal. I would think GTEM's preparation for the Amex has prepared them adequately for any lawsuit proceedings.
Serious question for jersey or any other. Could CKYS be in a 'quiet period'? The huge volume on no news last wed., all the travel, getting all the financials audited, history of frequent PRs (even if not substantial), plan for getting back at the shorts, possibly delaying release of signed contracts, etc. This all could be explained by a SEC 'quiet period' before a buyout or partnership with a major partner (eg SAP, Oracle, etc) buying a major stake in the company. Instead of rehashing all the negatives I wanted to bring up a persistent thought I have been having that would explain it all IMO. The volume spike last week was almost as if someone or someones were buying their 5% in a quick timeframe and i have seen this before buyouts in the past. When the financials of a company become so disconnected from the share price, it raises the possibility IMO.
Added: Also a buyout would allow Jim lots of money and free time to make up for lost time with his family these last few months. The insider buyback in summer may have been with a buyout in plan as well.
Very cool! And even more cool when I can buy one with profits from CKYS next spring!!
That would be cool. I like your point about releasing names into the PRs so those people with info on those deals can legally buy the stock. Makes sense.
Patience is warranted. This stock will likely trade sideways until a meaty PR. As Jim is travelling until this weekend i wouldn't expect any PR until next week at the earliest. The heavy volume spike on no news last Monday with good price increase is very predictive of future positive developments with share price and the company in general IMO. Patience is key though.
It's the telephone game. Was he talking about Q3 2006 financials, ist half 2006 financials, 2004 or 2005 financials. All these stories probably have some truth, but are only parts of the whole as they are auditing several different things. To me it makes most sense to release the AF mid Nov when Q3 numbers are due for all other companies on major exchanges with Qs ending Sept 30. Between now and then would be great timing for buybacks, contract/partnership announcements, etc. IMO
We'll see if HMSG gets the replacement full armor contract, not just the side panels. This would be better overall for our troops as the recently awarded side panels still go with the heavier front and back panels from my understanding. the recent addition to the HMSG advisory board gives the hint of the first multi-million dollar contract I think HMSG will receive. Why would an IED expert join the advisory board of HMSG and (per a poster who discussed it with SGT. Wilson) not take any compensation is salary or stock. The only reason IMO is that he wants the best defense against these horrible IEDs for our troops. GLTA Should be afunb few months IMO.
They don't necessarily have to be believed. Both actions would save the company millions of precious cash as GTE has always been cash poor. GTE has traditionally used shares to pay vendors. At these prices I think a PIPE or paying vendors with shares would be disastrous and if it came down to it, I would only do enough to get the strat airborn and then seel ti off to someone. Let's face it, the manipulators have exploited the mistakes of Huff and the BOD to an almost checkmate situation by naked shorting the stock and all the basher press. The decreasing share price imo has put GTE in a desperate cash situation so short of a large cash in hand wireless deal, I think the actions I previously mentioned by Huff and Dumas should be the only acceptable ways to raise cash to pay for the legal and accounting problems that they created IMO. Accepting responsability and stepping up to the plate would go along way IMO for investor confidence and bolstering the stock price.
Huff and Dumas,
If you still believe in GTE, then Step up to the plate. Cutting Huff's salary to one dollar until cash flow breakeven and both of you exercising out of the money options to pay for all the legal and accounting fees would go a long way to rally shareholder support. The shareholders have been loyal to you, time for you to reciprocate. Also, if the 3rd Q revenue is higher than 2nd Q release a prelim earnings statement. All IMO.
GLTA
Maybe GTE will get a strat up in the air this weekend to offset this somewhat expected bad press.