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I think the term came from an article about the Gen 3 program and they were saying the testing was to determine the best in breed. I think I chose PSID as best in breed from my own opinion based on the fact that NOC was told by DHS to redesign their system after the testing. And NOC seems to be completely out of it now.
The links were recently posted by draggi66 and rwa3848.
I'm not sure how that would work. Under the Boeing agreement all international sales go to PSID and there are 4 interested foreign buyers. And I think they are just waiting to see which system the USA goes with before they place their own orders. That's my opinion.
We just found out last night that NOC is not even being tested for Korea and their are two other competitors we didn't know about. But they both are enormously more expensive than mBAND and MABND is testing just fine. What else besides the contract is there now.
Bye bye
Well somebody needs to read up on the new info provided here. NOC is not even being tested for the Korean Peninsula deployment and the two other candidates in the running that we didn't even know about are ENORMOUSLY more expensive than MBAND and it looks from a first read of the testing results they don't perform any better! Load up the truck folks.
The "always wrongs" go back on ignore. Prove them wrong and they just find something else to twist around.
Thank you draggi66
An MBAND costs about $70,000 and many have been sold for the testing process that the government requires in their acquisition process which I dared call cumbersome. lol Here's a UTC purchase order to ponder.
http://content.edgar-online.com/edgar_conv_img/2014/04/11/0001144204-14-022096_IMAGE_001.GIF
I just wanted to repeat these items again...
Here is the Boeing agreement and under section 8 "TERMINATION" the first thing it says is (rum roll please)
8.TERMINATION
a)The term of this Agreement shall be perpetual, commencing from the Effective date of this Agreement.
http://www.sec.gov/Archives/edgar/data/1347022/000143774913004477/ex10-89.htm
Does PSID have a product that they are actively marketing? Why yes they do and they have been marketing it since at least 2012!!
Here's an article that clearly names PSID as Noc's competitor in the Biowatch Gen 3 program. I know that MBAND was tested with NOC's unit because I've been around here a long time. And MBAND passed and NOC's version did not!
http://www.businessweek.com/articles/2012-06-21/the-sky-high-price-of-sniffing-out-anthrax
And here's their marketing update.
https://finance.yahoo.com/news/positiveid-publishes-end-report-market-133000639.html
PSID has been actively marketing MBAND for years. Unfortunately the process is cumbersome.
Well here's an article from the previous month that clearly names PSID as Noc's competitor in the Biowatch program. You know that MBAND was tested with NOC's unit because you've been around here a long time. And MBAND passed and NOC's version did not! So why not just admit it?
http://www.businessweek.com/articles/2012-06-21/the-sky-high-price-of-sniffing-out-anthrax
Oh and (clears throat) I posted the Boeing contract and it is in force and perpetual just for your information as you were mistaken about it. I posted that today. I'm surprised you didn't mention it and thank me.
Anytime you want to share those post to me on another board. Thanks!
They know they are wrong. They don't care.
You're welcome kind sir. My mommy told me to always tell the truth!
Here is the Boeing agreement and under section 8 "TERMINATION" the first thing it says is (rum roll please)
8.TERMINATION
a)The term of this Agreement shall be perpetual, commencing from the Effective date of this Agreement.
http://www.sec.gov/Archives/edgar/data/1347022/000143774913004477/ex10-89.htm
Back when NOC and PSID went through testing by DHS NOC was told to redesign their system because they had so many false positives.
"Questions remain about just how effective the new technology will be, with the Times reporting a confidential Homeland Security analysis prepared in January found "failures were so significant" the department had proposed that Northrop Grumman Corp., which is in the running for the Generation 3 contract, make "major engineering modifications."
Department spokesman Peter Boogaard told the Times "all precautions necessary" would be taken "to minimize the occurrence of both false positive and false negative results."
Northrop Grumman officials told the newspaper some test results had led to improvements."
http://www.upi.com/Science_News/2012/07/07/Homeland-Securitys-BioWatch-still-flawed/UPI-63691341689883/
I know from my own research that PSID has had a working MBAND for years and it's better than NOC's version. DoD is having a subcontractor test it now and this could lead to a deployment of MBANDS to cover S. Korea. I know Boeing and PSID have a valid working agreement and Boeing is making the mBANDS for PSID. I know PSID secured $4 million in financing to keep operating, retire debt, and develop Firefly for 2015. Have a prototype, test and move to manufacture and sales (revenue). They may already have a DoD contract for MBAND by then too. These are things I know from my own research (DD).
You are right mansayingwhat!
The Boeing agreement is intact and in force. They paid $2.5 million for it. They are not going to let it lapse in one year! lol Boeing has made a lot of MBANDS for testing. Some of them just this year for the DoD testing for deployment in South Korea.
I'm not surprised that liv4free's post about the Boeing agreement is incorrect. lol Thanks for checking
Yeah they increased the A/S to 975 million but they won't have to use that. They are going to retire all those small dollar financing deals using some of the $4 mil they just got. Dilution will dry up. This is going to be sweet.
I like what Caragol says about retiring the older financing notes early before they are converted to shares in 2015 so we won't see the shares outstanding balloon as it is going to do if there were no action taken.
Sounds good.
Have they doubled the authorized shares yet? They were going to vote on that weren't they? As they get rolling on the development of Firefly and the holidays are behind the anticipation of the production of Firefly will be a driving force. You'll see these nasayers suddenly declare this is the bottom and they'll buy in and become cheerleaders. They just want it cheaper, that's all.
No...but they just got $4 million in funding to produce FireflyDX. The stock is way oversold and ready for another pop...say after the holidays.
You seem to be alone in that opinion! I see 7 posts out of 9 are iggied today for me.
Look at these slugs who pretend to be "do gooders" saving people from themselves when actually they are very content to do what they can to destroy the value of people's investment here. They leave a slime trail wherever they go. lol
What news is that? I haven't seen anything since the 26th of Nov.
lol oh...he's certainly predictable. Just wind him up!
That poster does not know what he is talking about. lol What a set up...one basher asks for an explanation...the chief basher explains the dire consequences...and the next flunky basher applauds him. lol
lol I know who you are. pisd. iggie
They have to sell all the A/S before they can do an R/S. They are a long way from there. At least a year or two. PERIOD!
They are doubling the AS...they don't need a reverse split. That's a fact.
That makes me sick. The reason being that CY bought the SRAM technology when the acquired Simtek Corp (for a song) which I was invested in for years (in and out plays). I looked and the Raging Bull forum for Simtek is gone now.
I really don't know why anyone would spend so much time bashing a stock. I'm just glad I have both of them on ignore and don't have to be bothered seeing any of it unless someone responds.
Wow!! I'm in!! lol
Run the cost up to $10,000 a unit. Smart!
That is what people have been saying here for years. Don't buy into thinking the management will do anything but sell stock until you actually see it happen.