Today’s announcement has a serious potential for the company, therefore the shareholders. I just hope that the management sticks firmly (as stated) to what it preaches.

I see two sides of happenings though…

On negative (and, sad) side:
The market, at least the INRA watchers almost ignored today’s announcement, which I interpret as unfortunate reflection due to lack of trust and enthusiasm on Innova management.

Optimistically:
1- If management shows further signs / developments about this licensing program and some traction (concrete status) how it pursues of those unspecified number of firms, I can only think fast appreciation in share price but nothing else.

2- Especially while RWT holds a favorable court ruling for its dealing with a large corporation like ABB, today’s announcement validates the big potential that company will be chasing after. If you noticed, ABB case is mentioned without given a company name but certainly has potential to fetch more revenues than $3M rewarded back in last March. I am personally happy that this will serve as a ground and provide significant leverage to Innova in its claims when contacting and negotiating with companies who use RWT technology without license.

3- Such as PaperProphet and his/her message, the word about INRA is likely to spread around on this potential. In my opinion, INRA is on the verge of experiencing a moderate to strong buy interest we all have been missing for some time.

Overall, I welcome today’s announcement as a progressive news about the company and encouraging value proposition for INRA share price.

I am curious to see how the market will digest this news! We will see it altogether...


P.S.: PaperProphet: Welcome and thanks for those examples. I see no reason that similar performance happening to INRA if company starts to show progress with tangible follow up regarding its licensing initiative.

That is also my entire point. Why would someone want to spend (give) $22 million! Of course after doing adequate DD and believing that $22M will provide a return greater than fixed rate interest.

Having come up with $22M does provide leverage to purchase PPHM with a good discount that we individual investors may not have with our relatively little funds.

Other than inconsistent messages management has given, I think that knowing someone has given $22M to buy shares of a company I own stocks of, is a good news.

Having said that next a few days may be great buying opportunity if so many have scared off.

Short term market reaction may be different but I personally dont see any harm in this deal.

This is a type of fund raising, not much different than offering stocks with incentives in order to obtain financing. Considering the cause, it is the best interest for everyone, company itself, sharehodlers, employees, etc. Why people act like there is fire in the house?

chunga, of course you are entitled to do anything you want with your money and position. I cant say anything about that. You can buy/sell anytime, any size, however, as we all are (including you) trying to increase our investment value, I think it is not productive for anyone like you to publicly comment as such that who has vested time and money in a stock/company.

Do whatever you like with your money and shares but please keep it to yourself. Although, reality and real value will sooner or later catch up with the pps no matter what people suggest but still I dont appreciate 'hey lets sell it now' type of calls.

Though I dont regret however I am sorry if I sounded a bit offensive but that was to react your message which sounded quite clearly a suggestive one to sell (for a small profit) while in reality even that would not be easily realized as the volume remains to be very very low yet.

GLTY

Chunga, put your money where your month is. Because you saw 9.5 cents on your screen despite with only 39K shares, go ahead and sell yours, be happy with a few dollars you make. This is as much as you deserve to earn.

Rodeo, I dont know if it is over but I know one thing that 6,7,8... cents for an INRA is ridiculous. In first good news, old levels as you refer will be reached faster than you think thanks to INRA shorters and due to many Innova skeptics as they will step in or step back in (like you already did).

Peace...

Thanks for illustrating well. Yes, it almost looks like very promising as it did before and many times.

as it happened many many times in the history of PPHM.

I cant comfortably say if PPHM is yet for long term investment but excellent stock for trading and many shorts fall into this trap so easily.

I sm looking forward to another great runup.

That's what I saw and why I am in. Looks like a reverse action is imminent.

Interesting trade at extended hours!

166,500 shares purchased at once at the ask after hours. Looks like a good sign.

Veni…Vidi…Vici…

To INRA shareholders and individuals with interest,

I attended International Robots & Vision Show in Chicago and visited Coroware booth. Following are my observations that I would like to share with you here, however, this is not to recommend or imply for any type of investment related decision.

Although, I took a complete tour of the show, I did not spend time to analyze or compare any other exhibiting companies.

Coroware was situated in a special section designated for emerging robotics firms, interestingly next to Segway, which was attracting some sort of crowd and this was a good thing for Coroware, as some of this crowd were to stop by and enquire about the Corobot as well Coroware in general.

I must admit that I was disappointed when I saw Coro’s booth to begin with. Other than one big visible banner, there was not much to create some attraction and make people stop by and ask questions. It was basically, one Corobot, one non-working pc monitor and some marketing leaflets. Oh, I almost forgot, there were complimentary screw drivers with Coroware logo and Lloyd’s business cards. I decided not take even a single picture as the booth itself was too plain! Of course, knowledge, in our case the technology know-how is the power, however just by seeing humble Coroware from its booth and the level of marketing preparation, it was not to impress and attract at all, in my opinion.

There was a nice lady who I learned was a recent full-time employee, attending at Coroware’s booth to assist with visitor questions. Not to discredit her by all means, I personally felt that a technically strong person with sales skills/experience could have been more useful, in my opinion, to connect with visitors in order to serve for potential interest in Coroware products and services. Although, Lloyd Spencer seemed so much capable to fill such role and was trying to be around the booth as much as he could, his other engagements and daily management responsibilities required him not be present at Coro booth all the time.

Based on my conversations, our Coroware sounded technically very much capable to contribute robotics technology (thanks to immense experience and exposure at Microsoft Robotics Studios) and resilient to respond new clients’ needs effectively both as a developer and consulting robotic technology firm. I was told that this expansion effort is already in progress to take on new projects within and outside MS assignments. Having said that I was pleased to learn that Coroware currently counts 22 employees now, which indicates me that their efforts are already reflected on their staff size. Last employee count I knew was 12!

I was also pleased to learn that Coroware already sold ‘some’ Corobots, a specific number was not disclosed and I intentionally did not ask either. I was explained that the idea behind Corobot was to capitalize Coroware’s knowledge with a hardware product. Benefit beyond sale/revenue of this product is aimed to establish/increase name awareness and expand into both robotic development communities, academic and commercial.

Another positive observation, I think is that in addition to Lloyd from Coroware, Innova as a parent company attended this show with two key management persons, Walt Weisel and Ken Vanden Berg (CFO) were there and I was told that they all had a busy schedule with conference calls, meetings, etc. To me it was a good sign to know them they were there too.

As far as the show in general, I found the show floor not as crowded compared to shows I attended for different businesses. I can say that I observed total exhibitor attendees were far exceeding visitors. On the other hand, to my observation, internal networking amongst attending companies was happening and clearly visible.

As an investor perception, I left the show with mixed feelings. As to parallel to everything I have read and heard about Coroware, for medium to long term I continue to be hopeful and believer that this piece of Innova is positioned to do better things, therefore to increasingly contribute Innova bottom-line. On the other hand, combining various elements and based on my interaction, I felt the company needs to better market and showcase itself as it seems allowing missed opportunities with insufficient practices in business developments areas.

I am personally happy about this experience that first time I was able to put faces and perspective for this investment. As a result, I have gained more belief and hope with a caution about Coroware's future deliverables.

Veni..Vidi..Vici..

I went.. I saw.. I overcome!

Folks, I attended International Robots & Vision Show in Chicago and visited Coroware booth.

For those of you await my comments and thoughts, I just wanted to type something short to let you know that I will be able to type up my notes sometime between tomorrow and Sunday the latest.

My schedule is very busy these days and I dont want to write something while I am not as concentrated. Having said that as I had indicated prior to going to show, dont expect anything technically rich and robotic industry savvy, as I am not, but I will share my open observations with you, so you can make your own conclusions.

Just to give you a hint about what is in my mind after this experience, I truly left the show with mixed feelings, partially dissatisfied and partially optimistic.

That is my 2 cents for the time being and I will post more by Sunday the latest. You may not hear from me until then.

Best regards...

yes, but why o/s number to reply my message? what is the relationship?

I plan on going to show for couple of hours, either today or tomorrow afternoon. I will share my assessment and observations, which may not be too technical but I hope become somewhat useful for everyone.

I dont know what HarryO'a bases are but I join him what he wrote this time. He is right. Panickers are either wrong or just cant help but panic. I cannot assure you all but only comments as such.

Good night and have a good sleep. Things are fine.

Thanks for taking time for a good response.

"I also found it funny that some of the negative posters here, are postive posters on another board where its an obvious OTC scam...lol"

Again, that type exists in every board. I am hoping that our veteran board watchers are able to identify this type of posters and weed their messages. I do but will not give names here. They know themselves. lol.


"most times even the one's we either take a loss on or get out even, they generally tend to move as anticipated, they just take longer then we'd like."

I really cant tell when but my feeling is that INRA may be one of these proving that it popped out of your screening and may very well be one that will deliver its move eventually “as anticipated.”

Great to see a new name on the log, out of our 80 registered INRA watchers.

Real Titan, may I ask how you found out INRA? What is your take on this? It sounds like you dont join to 'boo birds' we have in this board (well like in any other) and have an interesting profile.

Personally, I like their existence to a degree, cause they challenge positive prospects about the company.

Regards.

This is almost in my neighborhood. Great! I will stop by and check it out. I aim to meet and have conversation with Coro folks. Although, I am not knowledable when it comes to robotic technology, I will do my best. This will also serve as an opportunity to assess Coroware directly for investment purposes.

I will post my comments here soon after my visit.

Anyone here plan to attend here as well?

weo and rockstar... appreciated your comments and I know that they are genuine. However, as much as it may sound unsubstantiated but expect good things from Innova in near future if not soon. I would like to see you eat your words and I know you would do too. :o) Though my target is a lot higher and eventually we will see but nevertheless I suggest you dont act surprised when seeing INRA in 20s again in summer 2007.

FYI...I could not resist more and increased my position this week in 9s and I go to bed in total peace.

You guys have a pleasant weekend.

As I said... keep trying Weo!. It looks like your tactic works today!!!

I remember how passionate and behind you were with INRA. There are things that may disappoint all of us but Innova is the same Innova now and even stronger than when you used to defend so hard.

Having said that, yes I do have my frustrations with company managements and so forth but personally, I am strong and confident, despite all written and said. Mine is all calculated decision, not a seasonal affair.

Thanks for the comments though. Good luck to you and good luck to all of us.

weo, it seems like you want to buy more INRA at a discount. Keep trying!

INRA will not stay at these levels too long. I would like to bring your attention. It's worth to take a look.

It is a responsible, reliable company, not a typical ob or pk stock.

Revenue increase is big and consistent. But, more importantly, tt has much bigger potential in a long term. Currently, in 9 cents and my summer 2007 prediction is to be around 26-28 cents just with the existing business and gaining back its previous levels.

Disclaimer: I own it. I am in it for its long term potential and impressed with its current connections.

Good luck...

20s used to be the price when INRA was stagnant. Now, with better financial results (although, not too thrilling but still) and seemingly more action going on, hanging in this long below 10 cents is mind boggling!

Question is that either INRA is really cheap or Innova watchers still are not convinced!

Oh my beloved INRA, when are you going to be a real man? :o)

Is this supposed to excite INRA investors! I say, I am not at all.

Good point. This is very valid question you raised.

Thanks, chunga. Your explanation sounds reasonable. I am VERY happy with my new purchases at 9. ;o)

If the bids are same in multiple orders, I can understand that logic, although, I would expect a priority based on time when orders issued. However, my order was above the ask! How can you explain this.

Thanks for the response, by the way.

How is it possible? Your opinion is appreciated.

I had a new order to purchase INRA since last week and majority of my order was filled. However, I had still a small remaining number of shares to be purchased at 0.092 till now. Today, while I see that 39000 were sold at 0.09 cents but my order remained unfilled.

I am confused as to how this could be possible?

It looks like the best thing ever happened as a result of ABB lawsuit is that there has been increased awareness for INRA.

I solely base this from the number of INRA bookmarks just on this board alone, which used to be 30 some, reached 130s and now 80. I assume it may be like this outside I-hub as well. I even personally see more awareness and interest even around my own friends.

This is the most steady increase and tangible appreciation I see in my nearly a year long INRA ownership.

Let's look at this from a positive side. Increased awareness means more investors on the watch to move this baby at the next wave of major events.

Folks, yes INRA has not delivered as we all expected but I personally believe that there is no need to be so pesimistic about the future. I have patiance for this and it is not limited to weeks or months.

just my 2 cents!

GLTA...

Thanks for the link, aries. I did not know about the webcast. I registered immediately to hear what they will say.

Though, I am expecting information about robotic software market and explaining Coroware's position as to where it fits.

and, one from me Rodeo. I am sorry that you left with a loss, and I dont blame you a bit.

I must admit that my beloved INRA has not delivered what I have been expecting and preaching all along. Having said that yet I keep expecting a few things for the first half of the year and certainly very much hopeful in a longer term.

After sifting through, today's 10Q, I have mixed thoughts about the company and future of the share price. While I doubt that this year may not be the one to see monumental $1 threshold (I cannot ask to be wrong enough), I am confident that we will see the pre-split levels (20 cents) and higher soon, which means this stock will be lingering around the same value for more than a year! In my opinion, we will see 20s perhaps 30s again in the summer.

That's is good return from todays prices but for those who also joined like me since last summer, it is a cul-de-sac!!!

Don’t over analyze it, weo! Don’t bother, because (with due respect) it is a question that is meaningless now. So far it is just about $12K worth of shares changed hands and the whole thing and more can be paid by one person if INRA offered better value as of today.

Having said that recently seeing other robotic firms grabbing contracts and Innova biting the dust shrinks my hopes for the remainder part of the year down to three mysterious things as they still present credible clues for me. Those are our affiliation with Ashcroft Group and Innova’s determination on acquisitions (realized and ones to-be-announced). In addition to that, my gut feeling tell me that there is more to reveal (therefore, to help pps) in a positive way for us why Innova settled with ABB all the sudden for merely $3M while expecting a lot more with a very strong case.

I don’t understand robotic technologies as contrast to some people in this board do very well. (I respect and admire them all) My own interest in INRA is purely from high level and strategic reasons that I believe this company still has, which made and continue to make sense to me. Meanwhile, I must also admit that given the time and progress made so far, my confidence is a bit shaken. On the other hand, I know it takes a sparkle of a good news to take us into totally different levels.

Of course, I may be wrong but I am long and hang on just because of these.

GLTA.

Just to clarify folks... someone sent me a PM about my previous post asking why would I sell after being so bullish! Then I realized that my post might be open for misunderstanding and I feel obligated to clarify. (thanks for the opportunity to correct that)

What I meant was part of the volume yesterday was my purchase, not selling. In addition, another part also belonged to a friend of mine that I found he bought some yesterday as well. In fact, even during higher prices -relatively speaking, of course- of two weeks ago, I did not sell even single share. Because, I am in this for long and even last weeks prices were fraction of my target price. Lately, I have had more cash available and guess what, it all go to INRA especially at these prices. It is no brainer to me.

Everyone have pleasant weekend.

GLTA.

Part of it was mine, Spin. No kidding.

That is what I have been mentioning. Last week, from Monday evening to Friday, take combined five days volume compare against total daily average for 5-days (prior to settlement news broke out), we will see to understand that there has been about 90-100 times more INRA were sold all the sudden just in one week!

As most of us experienced investors understanding the market but especially as penny stocks to think realistically that how many of these sudden INRA buyers in one week took time to really searched company in-depth. I think we know the anwer without giving a specific number. I believe there are still some either momentum holders left and wanna get out and some who wanted to 'invest' with not much knowledge but want to bail out now driven by the fear just by looking at the current pps. It is a mixed bag.

But, hey, market makes the pieces come together sooner or later. Because, it is not a logical to have our pps while we have approx. $2M cash on top of what pps was used to be around previously. Again, this is strictly one piece of INRA.

Spin, you hit the note again again. I think these are more than brain storming, imo.

Spin for Innova CEO! :)) ..or, Innova Investor Relations, to fit best though.

I think this is the fault of who manages Investor Relations and also fault of management allowing this poor performance.

Congrats. Follow your mind my friend. As Spin said, these are artificially depressed levels after the gold rush crowd left!

Spin, I was thinking of this yesterday, I just remember now to mention you.

I am not as factual person as you and some of the valuable people here but in terms of investment value of this company in short and long term (does not seem to be 'immediate terms' at least for now), I can be a serious defender. But, yourself being so resourceful to ask right questions, have you thought about making a contact especially with Walt (teleconference or a visit face to face) to exchange concerns, our/your insights both business wise as well as poor Investor Relations management that company does. This would serve not only enlighten us, I think another great benefit would be to provide outsider/investor view more than he and the rest of the management can think of. I would be willing to chip in for your expenses. I think, shareholders meeting should not be the only venue to touch base with management and express opinions. What do you think?

okay let's go... because we have been just waiting for you to buy!