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I personally don't think his appointment will actually move the stock much, if at all, but it is encouraging to see that they're building a team that (on outward appearances at least) makes sense.
He played a key role in establishing a worldwide distribution network for the company's products which led to Diagnostic Products Corporation being listed several times by both Forbes Magazine and Business Week Magazine as one of the "Top 100 Growth Companies" and one of the "200 Best Small Companies in the U.S."
NEW CEO: Sid Aroesty. Molecular Diagnostics, Healthcare, Medical Solutions component. Sounds good to me.
3DIcon Appoints Sid Aroesty as CEO; Former Executive at Siemens (NYSE) and Diagnostic Products Corporation (NYSE)
TULSA, Okla., June 7, 2011 (GLOBE NEWSWIRE) -- Further fortifying its executive management team, 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three-dimensional projection and display technologies, today announced the appointment of veteran executive Sid Aroesty.
Mr. Aroesty served in several senior management roles including President, COO, and Board Member from 1984 to 2006 at Diagnostic Products Corporation, a New York Stock Exchange-listed medical technology firm, which under his leadership grew to $450 million in revenues. It was sold to Siemens Healthcare for $1.87 billion in 2006. He played a key role in establishing a worldwide distribution network for the company's products which led to Diagnostic Products Corporation being listed several times by both Forbes Magazine and Business Week Magazine as one of the "Top 100 Growth Companies" and one of the "200 Best Small Companies in the U.S."
Following the acquisition of Diagnostic Products Corporation, Mr. Aroesty took the COO position at the Siemens division that acquired Diagnostic Products Corporation. At both companies he directed all operating activities including R&D, quality control, and regulatory affairs.
Mr. Aroesty has served on the Trustee's Council of the University of Rochester and sat as a Member of the Visiting Committee at the School of Engineering and Applied Sciences at the University of Rochester.
As CEO, Mr. Aroesty will be directing all components of 3DIcon's operations including oversight of technology development, as well as commercialization and marketing of the company's emerging technologies and products. Martin Keating, 3DIcon's Founder, President, and CEO has stepped down from his executive management positions and will remain as a Board Member.
Mr. Aroesty commented, "At this time 3DIcon has a tremendous opportunity to commercialize a transformative technology that touches nearly all industries. I intend to play an integral role in all aspects of the company's operations, designed to build revenues and shareholder value."
3DIcon Board Member Victor Keen added, "We've been able to attract an executive manager of Sid's caliber because our technology is promising on so many levels. 3DIcon is definitively poised for its next stage of growth. In making this transition, the board thanks Martin for all he has done for the company, as well as his initiative to put in place a management succession plan that is as visionary as his original inspiration for launching 3DIcon. We are pleased to continue to work with him as a member of our board."
About 3DIcon Corporation
3DIcon Corporation is a developer of groundbreaking 3D projection and display technologies that are designed to produce full color, high-resolution, 360-degree volumetric images, a development many consider to be the next step in 3D display technology. CSpace creates both dense and translucent images for use in mission critical functions including healthcare, security and defense. CSpace enables viewing inside organs, cargo containers, and baggage, as well as large scale terrain such as oceans and mountains, all of which are beyond the capabilities of other current display methodologies. The company also offers a software product, Pixel Precision®, which targets the R&D market for developers using Texas Instruments' DLP® line of products. For visualization of CSpace images please visit www.3dicon.net.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION ACT OF 1995
With the exception of historical information, the matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of 3DIcon could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations, inability to hire and retain qualified personnel, and changes in the general economic climate. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by 3DIcon, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.
CONTACT: 3DIcon Corporation
Judy Keating
918-494-0509
Source: 3DIcon Corporation
Oh, it's a joke? I wouldn't have been surprised if you really did call. Yeah, I'm sure the President was busy- trying to figure out how to screw us out of more taxes. (Sorry, I don't mean to insult any Obama lovers) (On second thought, yes I do).
I picked up enough today to average down to .0346, though still down -11.56 overall. What a dummy I am. AMR tanking as well...
Have a great weekend everyone! TDCP $1,000 a share next week! (Cough, cough)
Looks to be successful in obtaining grants involving 3D imaging
http://agl.unm.edu/research
http://ece.unm.edu/~psen/ (BIO)
Guess I've stated the obvious...
Dr. Pradeep Sen...Some news...but not CEO news
3D Imaging Pioneer, 3DIcon Corporation, Adds Dr. Pradeep Sen to Its Technical Advisory Board
Brings Expertise in Interactive, Real-Time Imaging for Next-Generation CSpace
TULSA, Okla., June 1, 2011 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three-dimensional projection and display technologies, today announced the appointment of computer graphics specialist, Dr. Pradeep Sen, to its Technical Advisory Board. Dr. Sen's expertise in image rendering and synthesis, including algorithms and hardware, will contribute to enabling real-time interactive imaging on CSpace®.
Dr. Sen is co-founder of the Advanced Graphics Lab at the Department of Electrical & Computer Engineering, University of New Mexico, where he serves as Assistant Professor. The Advanced Graphics Lab is dedicated to research in computer graphics, visualization, imaging, and computer vision.
Dr. Sen has conducted research on graphics and optics as a Principal Investigator on five research grant awards totaling $1.2 million from agencies including the National Science Foundation and Sandia National Laboratories. He has published in 17 peer reviewed journals and conference publications. Dr. Sen holds a PhD from the renowned computer graphics department at Stanford University.
"Beyond the trade show prototype which is now being developed, next-generation CSpace displays will be distinguished by advanced, application-specific software. Professor Sen's purview of computer graphics – past, present, and future – will help us build a CSpace software platform suitable for rapid specialization, which will accelerate production and commercialization," stated Dr. Brian Hoover, 3DIcon's V.P. of Technology Development.
I found a little info awhile back on the MM's at:
http://www.stockmarketcats.com/f46/market-makers-mms-short-4206.html
and more at:
http://wallstcheatsheet.com/interview-knowledge/how-i-trade-former-market-maker-chris-farrell-discusses-his-trading-strategies.html/
You have to click through to the links for more info on strategy. Sorry, that's the best I got...what little it is.
It's funny how what you post comes back to haunt you, hmmmm?
TDCP going to $500 today...but I'm not selling- I'll keep the stocks going to $1,000/share! FOLLOW ME$$$
Great advice...and it didn't cost anything.
That's great- maybe you're the one that recommended TDCP to me? This has been a fun stock to follow for the most part. I started with AMR a few months ago and it immediately went from $6.85/share to $5.50 practically overnight(thanks to the smarter guys on this board for their simple averaging down method it's worked out well since)but fluctuations in the price of oil make it a scary stock to watch consistently. At least TDCP seems to have great upside potential for a small investment (think yearly Cruzan Rum outlay). (No guys, I'm not pumping it- I'm still down -13%, but have faith).
Finally...upward movement- hadn't seen that in a while. Hotstockace must be leading...
Oooops- spoke to soon... for a minute there I thought the world really was ending, just a few days late.
Thank you. Now I don't have to call my therapist.
No problem- my apologies- sorry to have hurt anyone's feelings, but really? More than hotstockace? Now my feelings are hurt too.
As for Pennyguru, I hope all of us do well with TDCP. Don't get me wrong- I only have barely over 3M shares and the values down 17% from when I got into it (not long ago). I'm no guru, but I am frustrated (as you inferred), but not by my wife. The fact that no amount of PR moves the stock while MANY people on this board (not saying it's you) talk about selling their car, getting another job, robbing their 401K, etc. to buy into TDCP (or any other stock) is ridiculous.
If it DOES go to $50/share like some on this board imply(which it won't) I'll write everyones name from this board on my forehead, strip naked and walk around this whole island (27 miles long) apologizing on everyone's behalf. Even though it would insult a whole new group of people. But at least I'll have enough money then to pay someone else to apologize to them...
Nope- I think you've definately won that award...
By the way, I spoke to Bill Gates this morning- he told me he was going to release a greatbreaking new operating system that will totally revolutionize computing. He told me not to tell anyone yet, but it will be released on June 18, 2011 (sshhh- don't tell anyone).
He's letting me handle the PR release (but not until June, so don't let the cat out of the bag) and all stock sales. Let me know how much you're in for.
Yeah, I bet she was really thrilled to hear from you. You previously posted on March 8th (below) about how you think Investor Relations is there for you (because you own possibly 1/billionth of the companies stock)? Do you buy lottery tickets then rush home to call the Lottery Commission and ask if you have the winning ticket prior to the drawing?
I'm sorry, but this used to be an interesting board... now, aside from a VERY small handful of knowledgable investors (no, I'm not saying that I'm in that group), it's nothing but pumpers (at least 60%), and a few idiots that talk about getting second jobs to purchase this stock, sell their cars, etc. Perhaps I'm in the .0001% of the members on this board that are looking for insight from other members...but some of you other guys need to get real.
If you have over, say, 10,000,000 shares then I owe you an apology. Otherwise I think it's ridiculous.
We are talking about Penny Stocks still, aren't we???
pennyguru62 Share Tuesday, March 08, 2011 1:27:09 PM
Re: BrianCollins post# 2764 Post # of 6478
i just called and left a message wih investor relations at 3Dicon. when they return my call i am going to ask them when they hope to have CSpace ready for the comercial market. i'll let you know what they tell me.
Trade Architect (TDAmeritrade)gives you level II- just go to "Today", click on your stock & hit Level II.
It's apparently free, and is great if you want to really stress yourself out.
Good one...
As we thought...they've found someone good. They're not dragging their feet, and they're keeping info flowing
May 12, 2011 3DIcon Implements Management Succession Plan
Martin Keating Steps Down as CEO and Chairman; Remains on Board
TULSA, Okla., May 12, 2011 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three-dimensional projection and display technologies, today announced that it has accepted the resignation of Founder, Chairman, and CEO, Martin Keating. Effective upon the appointment of a new CEO, Mr. Keating will retire from active management of the company and resign his positions as Chairman and CEO. Mr. Keating will remain a Board Member of 3DIcon and will continue to contribute his vision, expertise, and support to the company.
Two current board members, Victor Keen and John O'Connor, will serve as Co-Chairmen of the Board. The board has identified and is completing negotiations with a new CEO.
Mr. Keating, who is now approaching his 70th birthday, has been seeking to step down from his active management role. As a Board Member he will continue his involvement with 3DIcon, while he makes more time for family and personal matters. Mr. Keating will focus on writing a second novel. His first was the highly regarded and insightful, The Final Jihad.
"I've been looking to transition into retirement for some time now and I'm confident that the board has found a person of very high caliber as our new CEO. I know I will be turning over leadership of 3DIcon into very capable hands," stated 3DIcon Founder Martin Keating. "The new CEO, along with the growing management and technology talent we've recruited, position 3DIcon to emerge as the global leader in 3D volumetric imaging."
In a joint statement, new Board Co-Chairs, Victor Keen and John O'Connor added, "On behalf of the board, all of our staff, and shareholders, we extend our thanks to Martin for having created a company that is a pioneer in 3D imaging. He exits the company after having brought it to a fortified position with technology and management that will lead it to milestones in commercialization. We look forward to his continued contributions as a fellow board member."
About 3DIcon Corporation
3DIcon Corporation is a developer of groundbreaking 3D projection and display technologies that are designed to produce full color, high-resolution, 360-degree volumetric images, a development many consider to be the next step in 3D display technology. CSpace creates both dense and translucent images for use in mission critical functions including healthcare, security and defense. CSpace enables viewing inside organs, cargo containers, and baggage, as well as large scale terrain such as oceans and mountains, all of which are beyond the capabilities of other current display methodologies. The company also offers a software product, Pixel Precision®, which targets the R&D market for developers using Texas Instruments' DLP® line of products. For visualization of CSpace images please visit www.3dicon.net.
The 3DIcon Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7750
Especially when 2010 closed with -$1.6M in liabilities.
Unfortunately terms like "should be", "looking for", "in talks with" aren't really helpful when rehashing previous info. And I'm not real clear on how the cash position of an R&D firm could look so rosy after the last Fiscal without anything new PR wise.
I'm not dogging the stock, but I was hoping for something more definitive in the tech development (but what do I know?)though the non-dilutive financing and move to the big board would help- though it just states "continues to apply for"- something else that takes time while not addressing the R/S.
Nope- not much there...
New News...Q1 Fiscal
3DIcon Issues Q1 Fiscal 2011 Report Including Significant Milestones in Strengthened Management and Finances
TULSA, Okla., May 10, 2011 (GLOBE NEWSWIRE) -- 3DIcon Corporation (OTCBB:TDCP), a developer of volumetric, three-dimensional projection and display technologies, today reported a recap of the significant milestones achieved and embarked upon in its fiscal 2011 first quarter ended March 31, 2011. These milestones include developments in management, finance, technology, and commercialization.
•Management Succession Plan
3DIcon's Founder, Chairman, and CEO, Martin Keating, in conjunction with the company's Board of Directors, has put a management succession plan into place. Mr. Keating seeks to retire from active management of 3DIcon while continuing to serve as a board member. The company's Board is currently interviewing prospective CEO candidates.
•Expanded Science & Technology Team
3DIcon appointed Dr. Brian Hoover as Vice President, Technology Development. Vivek Bhaman has taken the position of Chairman, Technical Advisory Board. 3DIcon continues to seek additional key people to expand its Technical Advisory Board. The company is currently seeking to hire additional science personnel including: 1) an optical engineer; 2) a materials and nano-particles chemical engineer; 3) a design engineer; as well as filling other technical support positions. Aiming to advance commercialization efforts, 3DIcon has created the position of Vice President, Business Development and is currently seeking candidates.
•Technology Development
The company signed a Facilities Use Agreement with Oklahoma State University-Tulsa's Helmerich Research Center. 3DIcon will utilize the world-class technology facilities at the Helmerich Research Center for creating the next generation image space for CSpace®, 3DIcon's patented 3D volumetric technology. The company is currently developing a trade show prototype which will be used in commercial demonstrations. The focus of the work at the Helmerich center will be using specialty technologies to create a larger, clearer, three dimensional image space. These technology developments come on the heels of 3DIcon receiving a U.S. patent for CSpace in December of 2010. 3DIcon's technologies continue to be accepted for presentation at scientific conferences featuring the latest advancements in the science and technology of 3D imaging.
•Business Development
3DIcon has been in talks with, and is scheduled to make presentations to, potential commercialization partners. These include industry leaders and Fortune 100 companies in the fields of medical imaging, air traffic control, command and control, inventory management, and gaming. 3DIcon is scheduled to demonstrate its CSpace technology for specific applications. In the second quarter 3DIcon will present to a leading gaming company, while in the fourth quarter they are scheduled to present to a Fortune 50 company in the area of aerospace and command and control.
•Finances
3DIcon has eliminated virtually all of its debt and has a significantly improved cash position. The company is in talks with investment banking groups regarding strategic financing and the possibility of moving the company to a major stock exchange, given reaching certain milestones. The company continues to apply for non-dilutive financing including government grants to advance its R&D.
"We have reached a significant turning point at 3DIcon. The technology has developed to a level where we are attracting top technology talent to expand our management team. We are having substantive discussions with companies that are leaders in their industries regarding demonstrating and potentially licensing our breakthrough 3D imaging technology. We expect that further fortifying our finances coupled with commercial transactions will solidify our position as the leader in the next generation of 3D imaging technologies globally. The growing team at 3DIcon is very excited about the company's near and long term prospects," stated 3DIcon Board Member Victor Keen.
About 3DIcon Corporation
3DIcon Corporation is a developer of groundbreaking 3D projection and display technologies that are designed to produce full color, high-resolution, 360-degree volumetric images, a development many consider to be the next step in 3D display technology. CSpace creates both dense and translucent images for use in mission critical functions including healthcare, security and defense. CSpace enables viewing inside organs, cargo containers, and baggage, as well as large scale terrain such as oceans and mountains, all of which are beyond the capabilities of other current display methodologies. The company also offers a software product, Pixel Precision®, which targets the R&D market for developers using Texas Instruments' DLP® line of products. For visualization of CSpace images please visit www.3dicon.net.
The 3DIcon Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7750
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION ACT OF 1995
With the exception of historical information, the matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of 3DIcon could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations, inability to hire and retain qualified personnel, and changes in the general economic climate. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by 3DIcon, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.
CONTACT: 3DIcon Corporation
Judy Keating
918-494-0509
Source: 3DIcon Corporation
Good one...we'll take any kind of news at this point, and humor works.