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THE ANNUAL-MEETING OF STOCKHOLDERS WAS HELD-ON MAY-21, 2012
3. To approve and adopt an amendment to our certificate of incorporation to increase the total number of authorized shares of our capital stock from 180 million shares, of which 175 million shares are common stock, to 475 million shares, of which 470 million shares will be common stock;
Website Link to verify this information, as mentioned..
http://knobias.10kwizard.com/filing.php?param=&ipage=8192034&DSEQ=1&SEQ=3&SQDESC=SECTION_PAGE&exp=
bull_investor Saturday, May 19, 2012 12:33:45 PM
Re: makingbiigdough post# 715 Post#718 of 2776
S-1/A filing
this was filed on May 18, 2012
IMO, Accord to the filing, Scott R. Silverman sold(imo, dumped) 10 mill shares, the stock took huge selling pressure(beating), ofcourse - MMs will know this and play down the stock price, to avoid loss for them.
Look at page 41 of S-1/A filing, URL:
http://www.sec.gov/Archives/edgar/data/1347022/000139843212000419/i11778.htm
Previous S1 filing was filed around Feb/Mar 2012, in that - Scott's holding was around 38 million.....so within last 3 months, 10 mill shares were out.
Makingbigdough - When your gut feeling says its bottom....thats when Silverman hits you with another 10 mill ! So you will eventually feel there is no bottom for the fishing, LOL.
NOTE:- anything expressed above are just my opinions only.
bull_investor Sunday, May 20, 2012 11:04:57 AM
Re: greaseyfingers post# 726 Post #731 of 2775
There many investing in this stock just buying into news releases, rather looking into filings.
http://biz.yahoo.com/t/46/4203.html
Approx $86 million in debt, dilution, insider dumping around 11 millions shares, top mgmt getting bouns around $350k and
"no revenue" last few quarters.
what do you think?
Yes. I am going to buy more shares and average down to single digits, while, IMO, Bankruptcy looms near term.
Disclaimer :- Anything expressed above are just my opinions only.
bull_investor Monday, May 21, 2012 2:08:40 PM
Re: bull_investor post# 731 Post#741 of 2771
Read this-
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75775147#
my previous post that was deleted by this msg board moderator
is now restored by the investorshub support team.
Thank you support team!
bull_investor Friday, August 24, 2012 5:28:14 PM
Re: atrickpay post# 1248 Post#1253 of 2776
"..PSID is a scam or something.
PSID has actual lines of business. M-Band, DragonFly, iGlucose, Easy Check, Glucochip."
Yes - Those products are listed
--> Have they made any revenue?
As far as I know, they made "ZERO" revenue
--> not even $1000 dollars, for long time now I am waiting to see that day!
Maybe I am wrong, show me. I want to be wrong.
Also, do you know :
1. They have $86 million debt in books -- racked up (SEC Filings)
2. Both Mr.Cargol & Mr.Silverman(while active) - took home around $60k/month including bonus. (SEC Filings)
3. The above products of company have made "Zero" revenue quarter over quarter for long time now. (SEC Filings)
now, ask your same question "is PSID a scam or something?"
I don't know.
Now put that "Fire Sale" by Mr.Silverman somewhere in this picture -- you wonder why?
But do you see something obvious? no?
Disclaimer:- anything expressed above are just my humble opinions only.
bull_investor Monday, May 21, 2012 7:59:51 PM
Re: makingbiigdough post# 747 Post#748 of 2775
I talked to my spiritual adviser he says I am stupid even looking at this stock (cry face)
- Approx $86 million in debt
- dilution
- insider dumping around 11 millions shares, IMO, Scott is non-stop printing and selling shares (this is only involvement with the company)
-Top mgmt getting bouns around $350k
- IMO, most importantly "no revenue" last few quarters.
Yes. I am going to buy more shares and average down to single digits,
while,
IMO Bankruptcy looms near term.
Disclaimer :- Anything expressed above are just my opinions only
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 21, 2012
3. To approve and adopt an amendment to our certificate of incorporation to increase the total number of authorized shares of our capital stock from 180 million shares, of which 175 million shares are common stock, to 475 million shares, of which 470 million shares will be common stock;
http://knobias.10kwizard.com/filing.php?param=&ipage=8192034&DSEQ=1&SEQ=3&SQDESC=SECTION_PAGE&exp=
bull_investor Saturday, May 19, 2012 12:33:45 PM
Re: makingbiigdough post# 715 Post#718 of 2776
S-1/A filing
this was filed on May 18, 2012
IMO, Accord to the filing, Scott R. Silverman sold(imo, dumped) 10 mill shares, the stock took huge selling pressure(beating), ofcourse - MMs will know this and play down the stock price, to avoid loss for them.
Look at page 41 of S-1/A filing, URL:
http://www.sec.gov/Archives/edgar/data/1347022/000139843212000419/i11778.htm
Previous S1 filing was filed around Feb/Mar 2012, in that - Scott's holding was around 38 million.....so within last 3 months, 10 mill shares were out.
Makingbigdough - When your gut feeling says its bottom....thats when Silverman hits you with another 10 mill ! So you will eventually feel there is no bottom for the fishing, LOL.
NOTE:- anything expressed above are just my opinions only.
makingbiigdough Monday, May 21, 2012 5:54:09 PM
Re: None Post#747 of 2775
Just finished up a wonderful phone call with my PSID spiritual advisor. (smile) I Feel BETTER about my investment in PSID than EVER before! This will be my last post until MAJOR NEWS is released! I also am resigning as mod! LONGS HOLD'EM TIGHT!!!!!!!!!!! MBD
As of Sept.30,2011 PSID accumulated deficit was $81.7-million
As of Dec. 3012 PSID accumulated deficit was $86 million, earlier this year, according to the SEC financial filing reports..
PositiveID had no revenue in the first nine months of 2011 and lost $12.3 million.
As of Sept. 30, 2011, it had $3 million in assets, including $472,000 in cash and equivalents.
Its accumulated deficit was $81.7 million, in 2011.
The company issued stock throughout the year to maintain a positive cash balance, despite the losses.
PositiveID named William J. Caragol its new chairman and CEO. He is owed a $375,000 bonus to be paid out over 2012.
Delray Beach-based PositiveID Corp. announced a deal to sell its VeriChip and Health Link businesses to a company led by its recently departed former CEO.
The company (OTCBB: PSID) said it would receive a $200,000 note, a 10 percent interest in the purchasing company, VeriTeQ Acquisition, possible future royalty payments from technology licenses and a shared services agreement.
The deal requires the approval of a special committee of PositiveID’s board.
VeriChip is a radio frequency identification microchip that is implanted in patients so they can be identified. Health Link is a personal health record program that has not been marketed for two years. Neither of the products generated any sales this year.
PositiveID will retain its GlucoChip, a developmental implant that monitors blood glucose and diabetes. It is also developing Easy Check, a breath glucose detection device.
VeriTeQ Acquisition is owned by Scott. R. Silverman, who stepped down as PositiveID chairman on Dec. 6 and was its CEO until August. According to U.S. Securities and Exchange Commission filings, Silverman received nearly 2.5 million shares of the company to satisfy the $461,538 he is owed in compensation, and the company has the option to repurchase those shares for cash. Silverman was already the company's second-largest shareholder. He has a consulting agreement with PositiveID that runs through March 1.
PositiveID shares closed Friday at 16.5 cents. The 52-week high was $1.09 on Jan. 26, 2011. The 52-week low was 12 cents on Oct. 10, 2011.
http://www.bizjournals.com/southflorida/news/2011/12/19/positiveid-selling-verichip-to-former.html?page=all
Isn't DHS spending 89 million for testing BIOWatch-Gen3, during the next 2 to 3 years, before they decide if they're going to spend anymore money on further development of the program..
Isn't 89 million, approximately, the amount of debt that PSID currently owes..
Even if Boeing pays PSID 2.5 million for the BIOWatch-Gen3, M-Band, license..
Then, if Boeing receives part of the 89 million dollar DHS Bidding Contract, from DHS, for testing PSID's BIOWatch-Gen3, M-Band, during the next 2 to 3 years..
Of the amount of money Boeing will receive from DHS, on the Bidding Contract, will PSID actually get, in return, I wonder..
Robsct Sunday, December 23, 2012 8:40:26 AM
Re: greaseyfingers post# 2728 Post #2730 of 2754
Boeing paid $2.5 million for this license...they know what they're doing and they're serious
Robsct Sunday, December 23, 2012 9:42:32 AM
Re: None Post #2731 of 2754
Boeing knows how to get government contracts. Boeing's endorsement of PSID's technology will be noticed and international buyers will show up! Boeing makes this 2 cent stock a no brainer.
PSID Teaming-Agreement with SAIC for Indefinite-Delivery and Indefinite-Quantity..
We all seen and remember how successful PSID was when they announced their TEAMING AGREEMENT, before, with both IDEAL LIFE and SIMPLEX HEALTH CARE for marketing and selling IGLUCOSE to their many millions of diabetic customers for generating revenue income for the PSID Coporation, and greatly increasing Share Holder Value..
If PSID's TEAMING AGREEMENT with SAIC is as successful, as the above mentioned, I can harldy wait to see the results..
Let's all hope PSID's recent TEAMING AGREEMENT with BOEING, as was announced, too, proves to be as successful and increases Share Holder Value for PSID Investors, as much, as when compared to all of PSID's other formerly announced endeavors have been..
News about: PositiveID Corporation (OTCBB:PSID)
DELRAY BEACH, Fla. - November 6, 2012 (Investorideas.com Newswire, www.biodefensestocks.com) PositiveID Corporation (OTCBB: PSID) ("PositiveID" or "Company"), an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing, today announced it has signed a Teaming Agreement ("Teaming Agreement") with Science Applications International Corporation ("SAIC") (SAI) to pursue the Defense Threat Reduction Agency ("DTRA") Indefinite Delivery/Indefinite Quantity ("IDIQ") Multiple Award Contracts supporting the Weapons of Mass Destruction ("WMD") - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/ Survivability and Infrastructure programs.
madmaxd2 Saturday, December 22, 2012 10:57:15 PM
Re: osmosis post# 2720 Post #2722 of 2722
Have you heard anything about SAIC one way or the other. Just a hint would be helpful, thanks.
osmosis Saturday, December 22, 2012 9:25:35 PM
Re: madmaxd2 post# 2709 Post #2720 of 2721
Yes you are quite right MadMax, I agree, "credit given where credit is due".... Right on point. SAIC we'll have to wait and see about ???? who knows ????
post#2723 typing error correction should-be Boeing not IBM
Robsct Sunday, December 23, 2012 4:52:52 AM
Re: greaseyfingers post# 2723 Post # of 2726
GF...IBM? What are you talking about? Did you mean Boeing?
joeschmoid Sunday, December 23, 2012 3:49:10 AM
Re: None Post # of 2726
Any link to IBM situation Saturday at va beach gotta love it
PieceofPie Sunday, December 23, 2012 12:57:35 AM
Re: greaseyfingers post# 2723 Post # of 2725
Ok GF, put away the bottle of wine. It is too late to be self medicating.
I somehow missed that teaming with IBM. When, exactly, did that get announced? LOL glta
3.00 to 5.00 is really being-conservative, liv4ree opinion..
liv4ree Wednesday, December 19, 2012 6:43:55 AM
Re: greaseyfingers post# 2540 Post # of 2541
Why would it increase right now?
greaseyfingers Wednesday, December 19, 2012 9:37:05 AM
Re: liv4ree post# 2541 Post # of 2542
3.00 to 5.00 is really being-conservative, liv4ree opinion..
liv4ree Thursday, November 08, 2012 12:54:36 PM
Re: makingbiigdough post# 2247 Post # of 2299
3.00 to 5.00 is really being conservative mbd. My guess is 10.00 to 12.00. Jmo
makingbiigdough Thursday, November 08, 2012 1:06:51 PM
Re: liv4ree post# 2249 Post # of 2299
I know liv4...lol. Remember u asked me months ago my target price? I believe i told you $12-15.
However we need to get to $3-5 first, and i believe we get there in the VERY near future! That is what i meant.
Hey by the way i believe i was the one saying a month or so ago to watch out for and remember the term "TEAMING"
By the way Manufacturing agreement will be announced along with the submission of PSID's RFP proposal! wink wink...all JMO of course..hell what do i know! MBD
makingbiigdough Thursday, November 08, 2012 11:00:41 AM
Re: conix post# 2246 Post # of 2299
Yes, i agree however i am not to worried about the dilution at this point. It is what it is. Dilution will be over soon imo! Once RFP is announced and funding released PSID will NO doubt be in a totally different financial situation.
Not to mention the small float here. By the way anyone selling at these levels needs there head examined! MM's know that small minds think small, they are stealing as many shares as they can get their greedy hands on.
I am just continuing to be PATIENT, that is the catalyst here! JMO.....By the way those micro days were the days!!lol..My prediction PSID .02+ - $3-5+ in the near future! MBD
makingbiigdough Thursday, November 08, 2012 10:41:59 AM
Re: conix post# 2241 Post # of 2299
Hey conix NEVER can remember in my 25+ yrs of investing a stock with SO MUCH potential being held down as much as PSID has! PSID's coil is sprung so tight, when it FINALLY is let loose i truly believe we will have the dejavu experience of the penny runs in the good ole days! Ahhhhhh Reminescing stocks like ECNC going from .20 cents to over $20!!! Many others as well.
I LOVE AMERICA! MBD
Shouldn't PSID share-price be increasing, instead of decreasing..
Enlightening PSID Financing Information from Sparky635 posting #2466
Sparky635 Wednesday, December 05, 2012 9:24:39 PM
Re: None Post #2466 of 2532
Here is a post on another Board about our goods friends from Ironridge.
Ironridge Global Partners
Perhaps the most predatory of all groups is the newest. Co-founded earlier this year by John Kirkland, an attorney who worked for Marc Dreier, currently serving 20 years in jail after pleading guilty to a $700 million fraud and Brendan T. O’Neil who has run two funds that have folded in the last three years, Ironridge bills itself, according to its web site, as “supplying innovative financing solutions and flexible capital, as it seeks to unlock the full potential of cash-constrained businesses.” There is certainly some truth to that statement, as the companies it has completed deals with seem on the verge of going out of business. Ironridge usually doesn’t fund the company until after it sells the stock, as the filings show that payments are often not made until at least 20 days after they have received free-trading shares (imagine borrowing money from somebody and having to provide them with the money to make your loan before you receive any proceeds from them). The destruction in stocks they have completed transactions with makes the devastation from Hurricane Irene seem tame by comparison. Just two weeks ago, Uluru (NYSE: ULU) announced a “$1.6 million financing at a premium to market with Ironridge.” The problem is that the company neither received $1.6 million, nor was the deal done at a premium. The details in the 8-k suggest that the press release was misleading, as the company will receive proceeds only after a certain dollar amount of stock trades , and Ironridge’s actual cost to buy the stock is a fraction of the advertised price. Investors don’t seem fooled, as ULU’s stock is down nearly 50% in two weeks since the deal was announced. Less than two weeks after announcing the deal with Ironridge, the regulatory arm of the NYSE AMEX notified Uluru that it was not in compliance with listing standards and that it faced delisting. Uluru, like all of the companies Ironridge has completed transactions with, currently has a nominal market capitalization, in this case less than $2 million.
Uluru is not the only company in Ironridge’s portfolio facing delisting. PositiveID Corporation (OTCBB: PSID) was delisted from the Nasdaq less than five weeks after entering into “Strategic Financings for Up to $13.8 Million at a Premium to Current Share Price” with Ironridge. Shortly after the announcement, however, the company acknowledged in an 8-k filing that it did not receive the funds it had anticipated and that the price of the deal was being revised lower (think floorless financing). According to the filing made nearly two months after the deal was announced, the company has still not received the $1.5 million it was anticipating receiving as the first part of the funding . Approximately one month after the deal was announced, the CEO resigned. The stock has lost approximately 60% of its value in two months since the deal was announced.
Apparently inking a deal with Ironridge is not a career-enhancing move for a CEO. Less than three weeks after announcing an initial round of funding of approximately $1.12 million from Ironridge, the CEO of High Plains Gas (OTCBB: HPGS) resigned in the wake of the stock’s loss of more than 65% of its price. Like other companies which have done business with Ironridge, neither High Plains nor its creditors had received funding weeks after the deal was completed. Imagine losing your job, destroying your stock and not receiving proceeds after all of that. On average, from the time a regulatory filing was made announcing a deal with Ironridge, companies saw their stocks lose more than half their value within one month
All PSID-Personnel should-be replaced for ripping off shareholders..
I, along with other investors believed PSID, before, when they announced they had partnered with both IDEAL LIFE and SIMPLEX HEALTH CARE for marketing and selling iglucose to the millions of their diabetes customers, for generating revenue earnings for the PSID Corporation, thus increasing PSID Investor's Shareholder Value..
I along with other investors bought hundred of thousands of shares of PSID stock, before, when the share price was a lot higher than it is, now, trusting the PSID Corporation to do as they had announced, in regard to selling iglucose..
It appears iglucose has, maybe, gone belly up, as no iglucose sales have been made, that I'm aware of..
Actually, I think, everyone of PSID's, former CEO, Silverman's former Shareholder Stock Company Schemes have never successfully succeeded in generating any significant profit earnings from product sales..
And it appears, so far, Caragol isn't doing any better than Silverman..
So, I'm hoping for the best, and possibly expecting the worst..
Davecatchndawave Thursday, December 13, 2012 10:43:55 PM
Re: madmaxd2 post# 2517 Post # of 2518
Thats why it's .015 stock. It's a gamble, like walking out my front door. I like this stock!
Why do people expect guarantees on investments? Why are you here? if you know of such an investment please share. you must risk in order to gain, period!
madmaxd2 Thursday, December 13, 2012 10:27:19 PM
Re: Davecatchndawave post# 2516 Post # of 2518
Youre certainly putting your money where your mouth is, arent you? In all the years of investing Ive never seen anyone as sure of their investment as you seem to be Dave/Mbd whoever you are. You must know something we dont. By all appearances PSID seems to have one foot in the grave.
Davecatchndawave Thursday, December 13, 2012 9:31:11 PM
Re: greaseyfingers post# 2515 Post # of 2518
No, not for any of those reasons you mentioned. For all the reasons all ready mentioned on these boards,-- in redundancy!!! plus my own hunch and willingness to risk in order to gain.
Anyway, for all who think me full of it, see for yourself..
greaseyfingers Thursday, December 13, 2012 9:23:03 PM
Re: Davecatchndawave post# 2514 Post # of 2518
Why is PSID so severely undervalued, Davecatchndawave post#2513, as you stated..
Do you think PSID Investor share holder value is so severely undervalued, because PSID Corporation Management has deceptively and frauduently devalued the Company stock price value, by continually increasing their outstanding shares, before, of 104,000,000 to 154,000,000 and then to 204,000,000 by not generating any iglucose revenue earnings through partnering with IDEAL LIFE and SIMPLEX HEALTH CARE, as was promised to PSID Investors, for doing so..
I don't think any of PSID other products have generated any revenue earnings, either, for the Company or Investors..
I hope their upcoming BioWatch Gen3 M/Band endeavor proves to be more successful for investors, and doesn't belly flop, too..
Davecatchndawave Thursday, December 13, 2012 5:23:59 PM
Re: greaseyfingers post# 2512 Post # of 2514
PSID severely under valued! Just picked up another 100k shares!
PSID severely under valued! Just picked up another 100k shares!
Davecatchndawave Thursday, December 13, 2012 5:23:59 PM
Re: greaseyfingers post# 2512 Post # of 2518
PSID severely under valued! Just picked up another 100k shares!
greaseyfingers Thursday, December 13, 2012 4:53:33 PM
Re: FiscalCliffHanger post# 2508 Post # of 2518
Doesn't anyone have an inelligent-response to FiscalCliffHanger post#2508
Maybe everybody has seen it already, but here's a piece of government's analysis on BioWatch program.
In October 2008, after determining that before it could be fully deployed as an interim solution, APDS would need nearly as much time in testing as the BAND-based technology, DHS decided
that both technologies should be tested simultaneously. In the same period, language in
the committee print accompanying the DHS appropriation act called for a competitive bid
process for the first testing phase of the Gen-3 acquisition. Staff of House Comm. On
Appropriations, 110th Cong. 656 (Comm. Print 2009). Five vendors responded to the
request for proposal and DHS awarded contracts to two—the vendor that manufactured
BAND (now known as M-BAND) and the vendor that used the APDS-based system (now
known as the Next Generation Automated Detection System, or NG-ADS). At this point,
both became Gen-3 candidate technologies, but only NG-ADS completed the first round of
testing.
If interested the whole document can be found here: www.gao.gov/products/GAO-12-810
IMHO it seems PSID is not so "well positioned" after all.
Moreover, 10-Q states:
"On August 28, 2012, we entered into an Asset Purchase Agreement with VeriTeQ (the "VeriTeQ Asset Purchase Agreement"), whereby VeriTeQ purchased all of the intellectual property, including patents and patents pending, related to our embedded biosensor portfolio of intellectual property. There were no proceeds received in connection with this sale and the intellectual property had a book value of nil. Under the VeriTeQ Asset Purchase Agreement, we are to receive royalties in the amount of ten percent (10%) on all gross revenues arising out of or relating to VeriTeQ's sale of products, whether by license or otherwise, specifically relating to the embedded biosensor intellectual property, to be calculated quarterly with royalty payments due within 30 days of each quarter end."
IMHO this basically means that former CFO's own company is picking up the same business elsewhere. And its not very hard to do as far as the whole business of PSID is basically IP only. And IP rights, as we all very well know, can be transferred with a single signature.
If interested the whole document can be found here: www.marketwatch.com/story/10-q-positiveid-corp-2012-11-16
And finally, the biggest red flag to me is when a company can not pay its own lawyers any more. And PSID is way past that already. How can you negotiate new funding when you don't have proper council any more....
greaseyfingers Thursday, December 13, 2012 4:18:56 AM
Re: None Post # of 2518
Hoping PSID share price will reach predicted prices, in the not too distant future..
When do you guys estimate PSID will reach your predicted prices..
Why is PSID so severely undervalued, Davecatchndawave post#2513, as you stated..
Do you think PSID Investor share holder value is so severely undervalued, because PSID Corporation Management has deceptively and frauduently devalued the Company stock price value, by continually increasing their outstanding shares, before, of 104,000,000 to 154,000,000 and then to 204,000,000 by not generating any iglucose revenue earnings through partnering with IDEAL LIFE and SIMPLEX HEALTH CARE, as was promised to PSID Investors, for doing so..
I don't think any of PSID other products have generated any revenue earnings, either, for the Company or Investors..
I hope their upcoming BioWatch Gen3 M/Band endeavor proves to be more successful for investors, and doesn't belly flop, too..
Davecatchndawave Thursday, December 13, 2012 5:23:59 PM
Re: greaseyfingers post# 2512 Post # of 2514
PSID severely under valued! Just picked up another 100k shares!
PSID severely under valued! Just picked up another 100k shares!
Doesn't anyone have an inelligent-response to FiscalCliffHanger post#2508
Maybe everybody has seen it already, but here's a piece of government's analysis on BioWatch program.
In October 2008, after determining that before it could be fully deployed as an interim solution, APDS would need nearly as much time in testing as the BAND-based technology, DHS decided
that both technologies should be tested simultaneously. In the same period, language in
the committee print accompanying the DHS appropriation act called for a competitive bid
process for the first testing phase of the Gen-3 acquisition. Staff of House Comm. On
Appropriations, 110th Cong. 656 (Comm. Print 2009). Five vendors responded to the
request for proposal and DHS awarded contracts to two—the vendor that manufactured
BAND (now known as M-BAND) and the vendor that used the APDS-based system (now
known as the Next Generation Automated Detection System, or NG-ADS). At this point,
both became Gen-3 candidate technologies, but only NG-ADS completed the first round of
testing.
If interested the whole document can be found here: www.gao.gov/products/GAO-12-810
IMHO it seems PSID is not so "well positioned" after all.
Moreover, 10-Q states:
"On August 28, 2012, we entered into an Asset Purchase Agreement with VeriTeQ (the "VeriTeQ Asset Purchase Agreement"), whereby VeriTeQ purchased all of the intellectual property, including patents and patents pending, related to our embedded biosensor portfolio of intellectual property. There were no proceeds received in connection with this sale and the intellectual property had a book value of nil. Under the VeriTeQ Asset Purchase Agreement, we are to receive royalties in the amount of ten percent (10%) on all gross revenues arising out of or relating to VeriTeQ's sale of products, whether by license or otherwise, specifically relating to the embedded biosensor intellectual property, to be calculated quarterly with royalty payments due within 30 days of each quarter end."
IMHO this basically means that former CFO's own company is picking up the same business elsewhere. And its not very hard to do as far as the whole business of PSID is basically IP only. And IP rights, as we all very well know, can be transferred with a single signature.
If interested the whole document can be found here: www.marketwatch.com/story/10-q-positiveid-corp-2012-11-16
And finally, the biggest red flag to me is when a company can not pay its own lawyers any more. And PSID is way past that already. How can you negotiate new funding when you don't have proper council any more....
I do hope I'm vastly mistaken translating the above mentioned bits and pieces.
Hoping PSID share price will reach predicted prices, in the not too distant future..
When do you guys estimate PSID will reach your predicted prices..
liv4ree Thursday, November 08, 2012 12:54:36 PM
Re: makingbiigdough post# 2247 Post # of 2299
3.00 to 5.00 is really being conservative mbd. My guess is 10.00 to 12.00. Jmo
makingbiigdough Thursday, November 08, 2012 1:06:51 PM
Re: liv4ree post# 2249 Post # of 2299
I know liv4...lol. Remember u asked me months ago my target price? I believe i told you $12-15.
However we need to get to $3-5 first, and i believe we get there in the VERY near future! That is what i meant.
Hey by the way i believe i was the one saying a month or so ago to watch out for and remember the term "TEAMING"
By the way Manufacturing agreement will be announced along with the submission of PSID's RFP proposal! wink wink...all JMO of course..hell what do i know! MBD
makingbiigdough Thursday, November 08, 2012 11:00:41 AM
Re: conix post# 2246 Post # of 2299
Yes, i agree however i am not to worried about the dilution at this point. It is what it is. Dilution will be over soon imo! Once RFP is announced and funding released PSID will NO doubt be in a totally different financial situation.
Not to mention the small float here. By the way anyone selling at these levels needs there head examined! MM's know that small minds think small, they are stealing as many shares as they can get their greedy hands on.
I am just continuing to be PATIENT, that is the catalyst here! JMO.....By the way those micro days were the days!!lol..My prediction PSID .02+ - $3-5+ in the near future! MBD
makingbiigdough Thursday, November 08, 2012 10:41:59 AM
Re: conix post# 2241 Post # of 2299
Hey conix NEVER can remember in my 25+ yrs of investing a stock with SO MUCH potential being held down as much as PSID has! PSID's coil is sprung so tight, when it FINALLY is let loose i truly believe we will have the dejavu experience of the penny runs in the good ole days! Ahhhhhh Reminescing stocks like ECNC going from .20 cents to over $20!!! Many others as well.
I LOVE AMERICA! MBD
Highlights for first half of 2012
Successfully tested M-BAND, recently featured in Bloomberg Businessweek, to detect five organisms on the CDC's Select Agents list, a requirement for BioWatch
Added chief technology advisor and biodefense expert, Dr. Kimothy Smith
Collaborated with the University of Nevada to produce irradiated samples for the development of a biodosimetry cartridge for measuring radiation exposure
Awarded U.S. Patent for first-of-its-kind Dragonfly detection system for molecular biological diagnostics. Dragonfly is the Company's system that uses disposable microfluidic cartridges for biological sample processing and detection
Partnered with the Diabetes Research Institute at the University of Miami and Schneider Children's Medical Center of Israel to support the development of the Company's diabetes management products, including Easy Check(TM) and GlucoChip(TM)
Commenced clinical study of PositiveID's Easy Check, a non-invasive breath glucose detection device, at Schneider Children's Medical Center of Israel under the leadership of world-renowned endocrinologist Prof. Moshe Phillip
Won gold award at Connected World Value Chain Awards for its iglucose system for diabetes management
Goals for second half of 2012:
Enter into strategic partnerships and/or teaming agreements with large government contractors for M-BAND manufacturing and system integration for BioWatch Gen-3
Submit proposal upon release of the final BioWatch Gen 3 RFP, currently scheduled for release in the fourth quarter of calendar 2012, from Department of Homeland Security for the $3.1 billion BioWatch Gen-3 procurement
Commence second stage of Easy Check clinical study at Schneider Children's Medical Center in Israel
Complete bench-top unit of GlucoChip glucose-sensor and initiate strategic partnerships
Continue development of Dragonfly Rapid MDx Cartridge-based diagnostic system for point-of-care diagnostics
Complete the license and/or sale of the VeriChip and iglucose product lines to position them with the best partners for market exploitation and monetization
Complete strategic financing to capitalize the Company to execute on these opportunities
William J. Caragol, Chairman and CEO of PositiveID, stated, "We continue to focus on our molecular diagnostic business and are excited about the significant opportunities that lie ahead, including BioWatch Gen 3 and the continued development of our innovative Dragonfly system. We are very proud of our accomplishments year to date and will continue to execute our plan, described above. We believe that we are well positioned to capitalize on the BioWatch Gen 3 opportunity and to make meaningful steps in the commercialization of our diabetes management products. That progress, in conjunction with a strategic financing to fully capitalize the Company, we believe, will allow us to unlock value for stockholders."
About PositiveID Corporation
PositiveID Corporation is an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing.
Its wholly-owned subsidiary, Microfluidic Systems, or MFS, is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats at high-value locations, as well as analyze samples in a medical environment.
For more information on PositiveID, please visit http://www.PositiveIDCorp.com.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79489442
Complete-the-license and/or sale of the VeriChip and iglucose-product-lines to position them with the best partners for market exploitation and monetization..
Complete strategic financing to capitalize the Company to execute on these opportunities..
William J. Caragol, Chairman and CEO of PositiveID, stated, "We continue to focus on our molecular diagnostic business and are excited about the significant opportunities that lie ahead, including BioWatch Gen 3 and the continued development of our innovative Dragonfly system. We are very proud of our accomplishments year to date and will continue to execute our plan, described above. We believe that we are well positioned to capitalize on the BioWatch Gen 3 opportunity and to make meaningful steps in the commercialization of our diabetes management products. That progress, in conjunction with a strategic financing to fully capitalize the Company, we believe, will allow us to unlock value for stockholders."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79489442
15,000 iGlucose Units Ordered From Liberator-Medical Holdings, Inc..
atrickpay Monday, November 05, 2012 1:31:37 PM
Re: greaseyfingers post# 2189 Post # of 2482
Allison Tomek stopped responding to my inquiries two months ago. I'm wondering why...and why has there not been any insider buying of stock in the open market if the company is so undervalued?
And thirdly, just wtf happened to the order of 15000 units of iGlucose that was announced 10.20.2010?? Like come on...http://investors.positiveidcorp.com/releasedetail.cfm?ReleaseID=520694
Is the PSID-glucometer better than Telcare's Wireless Blood-Glucose-Meter..
Telcare's Wireless Blood Glucose Meter is FDA Approved and was the first place winner at the 2012 GOlD EDISON WORLD AWARD COMPETITION CONTEST, for being chosen as the very best and most innovative product of the year, in it's category..
The Telcare Wireless Blood Glucose Meter provides three unique aspects.
First, the BGM allows you to wirelessly transfer your results to a data management solution, using cellular technology. When you test your glucose levels, the results are sent via a cellular transmission (just like your cell phone calls) to the management software.
Second, the meter now can wirelessly transfer to a new mobile app, so you can track your results from your smartphone. Amazing Stuff!
Third, the data management software is completely online. No downloads to your computer, no upgrades to perform, Telcare takes care of everything with a seamless online portal.
http://www.diabeteswellbeing.com/telcare-bgm.html
Senior care company Independa has inked a deal with Telcare to add its cellular-enabled glucose meter to its remote management services for older people. Telcare’s meter received clearance from the FDA last August, in 2011, making it the first meter with cellular embedded.
The Telcare Wireless Blood Glucose Meter device sends the glucose readings to the company’s central server, which then sends it to Independa’s cloud-based Caregiver Web App. Patients, caregivers and providers can access the readings via the dashboard and control panel on Indepenada’s Caregiver Web portal, which is accessible through PCs, laptops, and tablets, according to the company. Independa also will flag data that might indicate the user requires more attention.
http://mobihealthnews.com/16677/independa-adds-telcares-cellular-glucometer/
PSID hasn't been updating investors about iglucose revenue-earnings, when it was announced, before, that PSID had partnered with IDEAL LIFE and SIMPLEX HEALTH CARE, for marketing and selling iglucose to millions of their diabetic customers for generating PSID earnings..
PSID Investors have been, patiently, waiting to find out how many millions of iglucose have been sold, so far..
greaseyfingers Monday, December 03, 2012 2:47:50 PM
Re: bull_investor post# 2432 Post # of 2434
bull_investor your Post#2432 was very-enlightening and eye opening..
bull_investor Monday, December 03, 2012 1:23:43 PM
Re: bull_investor post# 2431 Post # of 2432
Look-
Now, if you go back and look between 15-OCT and 30-NOV, both Liv4free and MBD were saying this stock is going to be a big winner.
During that period Silverman was disposing shares as per SEC filing.
So ask yourself:
If what MBD and Liv4free are saying is true in this message board - that this stock will go over $1 or $2 long term,
then why is Silverman disposing his shares?
common sense?!
Disclaimer-All of above are my opinions only.
bull_investor Monday, December 03, 2012 1:17:22 PM
Re: None Post # of 2431
Huge Sell off?
When I posted my initial message "Huge Sell off?", Looks like Silvman was disposing his shares
here is my post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81522136
Look at page 5 of 5, in SEC Filing:
http://www.sec.gov/Archives/edgar/data/1195639/000139843212000870/posid_sc13da-110612.htm
All of above are just my opinions only.
greaseyfingers Wednesday, November 28, 2012 1:54:34 PM
Re: makingbiigdough post# 2412 Post # of 2434
Would filing a PSID S.E.C. Complaint inspire Allikson to answer all investor emails and phone calls..
liv4ree Wednesday, November 28, 2012 1:00:15 PM
Re: makingbiigdough post# 2412 Post # of 2414
Hey there MBD. How is it that you're always able to get ahold of Allison? Back several months ago I tried calling a dozen times and never got through to anyone. I left voicemail after voicemail and no 1 called back. I can't figure it out. The buyout is my opinion only. I say something big within the next 6 weeks. And I mean big, not 3.00 per share big either. When this stock pops, it'll be to the moon.
Robsct Wednesday, November 28, 2012 12:34:36 PM
Re: makingbiigdough post# 2412 Post # of 2414
Tomek has never answered the phone or responded to an email from me.
makingbiigdough Wednesday, November 28, 2012 11:39:02 AM
Re: None Post # of 2412
I spoke with Allison on Monday she was upbeat and professional as always. All i will say is that PSID is continuing to do what they need to do. I am NOT a 1/10 of a cent investor here. Stock price will take care of itself in due time! We are all waiting, Patience is a virtue!
By the way i HIGHLY doubt a buyout liv4, PSID has sacrificed way to LONG to not receive all that they deserve.
By the way anyone NOT believing in BIOWATCH or the SAIC deal doesn't need to be invested here. I know what i OWN, my reward for being PATIENT is on the way! MBD
greaseyfingers Monday, November 26, 2012 4:18:08 PM
Re: madmaxd2 post# 2398 Post # of 2434
When-PSID-iglucose doesn't-do as-promised, is PSID betraying investor's trust..
Do you think that's why PSID, Investor Relations Department, doesn't answer their phone, doesn't return phone calls, left on their answering machine, and doesn't respond to investor email questions..
madmaxd2 Monday, November 26, 2012 12:35:00 PM
Re: greaseyfingers post# 2397 Post # of 2398
PSID has never mentioned again anything about iglucose whatsoever. I think its not even an option at this point. Of course theres no way of knowing since they do not communicate their intentions with the public or their investors. My hopes lie with the recent teaming agreement with SAIC. Hopefully this is true and something will come of it. Only time will tell, hopefully my investment wont completely disappear by then.
greaseyfingers Monday, November 26, 2012 12:10:02 PM
Re: None Post # of 2398
Why hasn't PSID been updating investors about iglucose revenue earnings, when it was announced, before, that they had already partnered with IDEAL LIFE and SIMPLEX HEALTH CARE for marketing and selling iglucose to their diabetic customers..
Is PSID actually generating any earnings revenue off any of it's products, at this time..
When will PSID update investors with latest-development news, concerning all of it's products, along with a revenue earnings report, regarding iglucose and any other PSID products that are being and generating revenue..
Sneaky, Sleazy, Slimey, Scumbag Silverman sells 3,361,392 PSID-shares..
c) As of the date of this filing, Mr. Silverman has sold a total of 3,361,392 shares. No other transactions involving the securities of the Issuer were effected by R&R or Mr. Silverman in the last 60 days. The following open market sales were made by Mr. Silverman:
Date Total Number of shares Sold Weighted Average Price per Share (1) Price Range for the Day
10/16/2012 98,000 0.0236 0.0232 - 0.0240
10/17/2012 143,500 0.0209 0.0200 - 0.0220
10/18/2012 114,000 0.0198 0.0196 - 0.0210
Date Total Number of shares Sold Weighted Average Price per Share 1 Price Range for the Day
10/19/2012 50,000 0.0192*
10/22/2012 200,000 0.0196 0.0190 - 0.0210
10/23/2012 103,000 0.0200*
10/24/2012 184,893 0.0202 0.0195 - 0.0215
10/25/2012 102,000 0.0195 0.0190 - 0.0200
10/26/2012 156,900 0.0201 0.0190 - 0.0209
10/31/2012 15 0.0199*
11/01/2012 143,013 0.0193 0.0190 - 0.0199
11/02/2012 100,500 0.0182 0.0180 - 0.0185
11/05/2012 84,471 0.0178 0.0175 - 0.0180
11/06/2012 745,000 0.0231 0.0200 - 0.0250
11/07/2012 300,300 0.0251 0.0230 - 0.0270
11/08/2012 38,300 0.0220*
11/09/2012 130,000 0.0209 0.0206 - 0.0210
11/12/2012 195,500 0.021 0.021 - 0.021
11/14/2012 46,000 0.0181* 0.0181 - 0.0181
11/19/2012 96,500 0.0180* 0.0180 - 0.0180
11/20/2012 75,500 0.0171 0.0171 - 0.0180
11/21/2012 52,500 0.0170* 0.0170 - 0.0170
11/26/2012 110,000 0.0180** 0.0180 - 0.0180
11/27/2012 51,500 0.0170* 0.0170 - 0.0170
11/29/2012 40,000 0.0170* 0.0170 - 0.0170
Explanation:
(1) The price reported is the weighted average price. The shares were sold in multiple transactions. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the Price Range for the Day column.
* Denotes the actual price per share. Shares were sold in a single transaction, and hence there is no price range for the day.
**Denotes the actual price per share. Shares were sold in multiple transactions, but the price per share did not fluctuate. Hence all shares were sold in multiple transactions on the same day, but the price per share remained the same.
(d) No other person is known to have a right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Mr. Silverman or R&R.
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D/A
PositiveID Corporation
http://www.sec.gov:80/Archives/edgar/data/1195639/000139843212000870/posid_sc13da-110612.htm
greaseyfingers Monday, December 03, 2012 2:47:50 PM
Re: bull_investor post# 2432 Post # of 2448
bull_investor your Post#2432 was very-enlightening and eye opening..
bull_investor Monday, December 03, 2012 1:23:43 PM
Re: bull_investor post# 2431 Post # of 2432
Look-
Now, if you go back and look between 15-OCT and 30-NOV, both Liv4free and MBD were saying this stock is going to be a big winner.
During that period Silverman was disposing shares as per SEC filing.
So ask yourself:
If what MBD and Liv4free are saying is true in this message board - that this stock will go over $1 or $2 long term,
then why is Silverman disposing his shares?
common sense?!
Disclaimer-All of above are my opinions only.
bull_investor Monday, December 03, 2012 1:17:22 PM
Re: None Post # of 2431
Huge Sell off?
When I posted my initial message "Huge Sell off?", Looks like Silvman was disposing his shares
here is my post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81522136
Look at page 5 of 5, in SEC Filing:
http://www.sec.gov/Archives/edgar/data/1195639/000139843212000870/posid_sc13da-110612.htm
All of above are just my opinions only.
bull_investor Monday, December 03, 2012 1:23:43 PM
Re: bull_investor post# 2431 Post # of 2450
Look-
Now, if you go back and look between 15-OCT and 30-NOV, both Liv4free and MBD were saying this stock is going to be big winner.
During that period Silverman was disposing shares as per SEC filing.
So ask yourself:
If what MBD and Liv4free are saying is true in this message board - that this stock will go over $1 or $2 long term,
then why is Silverman disposing his shares?
common sense?!
Disclaimer-All of above are my opinions only.
Sneaky, Sleazy, Slimey, Scumbag Silverman sells 3,361,392 PSID-shares..
c) As of the date of this filing, Mr. Silverman has sold a total of 3,361,392 shares. No other transactions involving the securities of the Issuer were effected by R&R or Mr. Silverman in the last 60 days. The following open market sales were made by Mr. Silverman:
Date Total Number of shares Sold Weighted Average Price per Share (1) Price Range for the Day
10/16/2012 98,000 0.0236 0.0232 - 0.0240
10/17/2012 143,500 0.0209 0.0200 - 0.0220
10/18/2012 114,000 0.0198 0.0196 - 0.0210
Date Total Number of shares Sold Weighted Average Price per Share 1 Price Range for the Day
10/19/2012 50,000 0.0192*
10/22/2012 200,000 0.0196 0.0190 - 0.0210
10/23/2012 103,000 0.0200*
10/24/2012 184,893 0.0202 0.0195 - 0.0215
10/25/2012 102,000 0.0195 0.0190 - 0.0200
10/26/2012 156,900 0.0201 0.0190 - 0.0209
10/31/2012 15 0.0199*
11/01/2012 143,013 0.0193 0.0190 - 0.0199
11/02/2012 100,500 0.0182 0.0180 - 0.0185
11/05/2012 84,471 0.0178 0.0175 - 0.0180
11/06/2012 745,000 0.0231 0.0200 - 0.0250
11/07/2012 300,300 0.0251 0.0230 - 0.0270
11/08/2012 38,300 0.0220*
11/09/2012 130,000 0.0209 0.0206 - 0.0210
11/12/2012 195,500 0.021 0.021 - 0.021
11/14/2012 46,000 0.0181* 0.0181 - 0.0181
11/19/2012 96,500 0.0180* 0.0180 - 0.0180
11/20/2012 75,500 0.0171 0.0171 - 0.0180
11/21/2012 52,500 0.0170* 0.0170 - 0.0170
11/26/2012 110,000 0.0180** 0.0180 - 0.0180
11/27/2012 51,500 0.0170* 0.0170 - 0.0170
11/29/2012 40,000 0.0170* 0.0170 - 0.0170
Explanation:
(1) The price reported is the weighted average price. The shares were sold in multiple transactions. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the Price Range for the Day column.
* Denotes the actual price per share. Shares were sold in a single transaction, and hence there is no price range for the day.
**Denotes the actual price per share. Shares were sold in multiple transactions, but the price per share did not fluctuate. Hence all shares were sold in multiple transactions on the same day, but the price per share remained the same.
(d) No other person is known to have a right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Mr. Silverman or R&R.
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 13D/A
PositiveID Corporation
http://www.sec.gov:80/Archives/edgar/data/1195639/000139843212000870/posid_sc13da-110612.htm
Can-anyone drive to PSID Investor-Relations, Delray-Beach, Florida for-answers..
REQUEST PSID COMPLIANCE WITH THE FEDERAL FREEDOM OF INFORMATION ACT, for SHOWING AND VERIFYING ALL TEAMING AGREEMENTS AND PARTNERSHIP CONTRACTS, pertaining to PSID announcing, before, they had Partnered with IDEAL LIFE and SIMPLEX HEALTH CARE for marketing and selling iglucose..
Also, ask to see proof that PSID Teamed with SAIC, as they have claimed..
Robsct Tuesday, December 04, 2012 12:12:37 PM
Re: None Post # of 2446
SAIC declined to confirm any agreement with PSID. In light of PSID's track record on agreements it's my opinion that no agreement exists with SAIC.
Robsct Tuesday, December 04, 2012 9:37:28 AM
Re: liv4ree post# 2437 Post # of 2447
Just as there were no agreements to sell iglucose meter there is no agreement with SAIC. There has been no confirmation of any agreement. However, filings show Silverman has been selling all year!!
Davecatchndawave Tuesday, December 04, 2012 3:02:45 PM
Re: Sparky635 post# 2444 Post # of 2445
ok, all I'm saying is these companies don't give a crap about confirming or denying teaming agreements. IBM is bigger than saic and saic is bigger than psid, so the bigger companies don't feel a need to confirm??? I'm just saying...
I agree with you about folks playing golf when they should be working. Bad! Very bad. Reminds me of a lot of likewise presidents and ceo dudes.
http://www-03.ibm.com/press/us/en/pressreleases/recent.wss
Correct me if I'm wrong, but IBM not publicly confirming said agreement. However, I believe saic.
Sparky635 Tuesday, December 04, 2012 1:51:54 PM
Re: Robsct post# 2443 Post # of 2444
To Robert's point - apparently SAIC does announce teaming agreements
Science Applications International Corporation (SAIC) announced today that it has signed a teaming agreement with IBM to pursue the National Oceanic and Atmospheric Administration
www.prnewswire.com/news-releases/saic-announces-teaming-arrangement-with-ibm-to-pursue-noaanws-advanced-weather-interactive-processing-system-recompete-program-75575627.html
Caragol, ARE YOU LISTENING???? Have you sold anything today????
Wait don't answer that I already know the answer. How's the golf game? I'll bet you're really good at it. Bill you should take a good look at PSID share price and ask yourself if I sold something maybe it wouldn't take a wheel-barrel full of stock certificates to play a round of golf. Maybe you could work at a day or so a week on selling something. Think about it.
madmaxd2 Tuesday, December 04, 2012 11:32:45 AM
Re: Davecatchndawave post# 2439 Post # of 2447
Dude, its easy to create new aliases & to delete posts that challenge you. Whats harder is to change writing styles. If youre not MBD then youre his clone. Is PSID working on clone technology as well as chip implants? LOL! I DO however agree with you & hope that everything you say DOES come true. I just find this amusing & helps me to take my mind off the fact that we have not gotten any CONCRETE news in quite a while on ANY of their products. This DOES concern me. I am invested in this company as is Robsct otherwise we would not be complaining as bitterly as we are. Good luck everyboby.
greaseyfingers Monday, December 03, 2012 2:47:50 PM
Re: bull_investor post# 2432 Post # of 2448
bull_investor your Post#2432 was very-enlightening and eye opening..
bull_investor Monday, December 03, 2012 1:23:43 PM
Re: bull_investor post# 2431 Post # of 2432
Look-
Now, if you go back and look between 15-OCT and 30-NOV, both Liv4free and MBD were saying this stock is going to be a big winner.
During that period Silverman was disposing shares as per SEC filing.
So ask yourself:
If what MBD and Liv4free are saying is true in this message board - that this stock will go over $1 or $2 long term,
then why is Silverman disposing his shares?
common sense?!
Disclaimer-All of above are my opinions only.
bull_investor Monday, December 03, 2012 1:17:22 PM
Re: None Post # of 2431
Huge Sell off?
When I posted my initial message "Huge Sell off?", Looks like Silvman was disposing his shares
here is my post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81522136
Look at page 5 of 5, in SEC Filing:
http://www.sec.gov/Archives/edgar/data/1195639/000139843212000870/posid_sc13da-110612.htm
All of above are just my opinions only.
bull_investor Monday, December 03, 2012 1:23:43 PM
Re: bull_investor post# 2431 Post # of 2450
Look-
Now, if you go back and look between 15-OCT and 30-NOV, both Liv4free and MBD were saying this stock is going to be big winner.
During that period Silverman was disposing shares as per SEC filing.
So ask yourself:
If what MBD and Liv4free are saying is true in this message board - that this stock will go over $1 or $2 long term,
then why is Silverman disposing his shares?
common sense?!
Disclaimer-All of above are my opinions only.
bull_investor your Post#2432 was very-enlightening and eye opening..
bull_investor Monday, December 03, 2012 1:23:43 PM
Re: bull_investor post# 2431 Post # of 2432
Look-
Now, if you go back and look between 15-OCT and 30-NOV, both Liv4free and MBD were saying this stock is going to be a big winner.
During that period Silverman was disposing shares as per SEC filing.
So ask yourself:
If what MBD and Liv4free are saying is true in this message board - that this stock will go over $1 or $2 long term,
then why is Silverman disposing his shares?
common sense?!
Disclaimer-All of above are my opinions only.
bull_investor Monday, December 03, 2012 1:17:22 PM
Re: None Post # of 2431
Huge Sell off?
When I posted my initial message "Huge Sell off?", Looks like Silvman was disposing his shares
here is my post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81522136
Look at page 5 of 5, in SEC Filing:
http://www.sec.gov/Archives/edgar/data/1195639/000139843212000870/posid_sc13da-110612.htm
All of above are just my opinions only.
Would filing a PSID S.E.C. Complaint inspire Allikson to answer all investor emails and phone calls..
liv4ree Wednesday, November 28, 2012 1:00:15 PM
Re: makingbiigdough post# 2412 Post # of 2414
Hey there MBD. How is it that you're always able to get ahold of Allison? Back several months ago I tried calling a dozen times and never got through to anyone. I left voicemail after voicemail and no 1 called back. I can't figure it out. The buyout is my opinion only. I say something big within the next 6 weeks. And I mean big, not 3.00 per share big either. When this stock pops, it'll be to the moon.
Robsct Wednesday, November 28, 2012 12:34:36 PM
Re: makingbiigdough post# 2412 Post # of 2414
Tomek has never answered the phone or responded to an email from me.
makingbiigdough Wednesday, November 28, 2012 11:39:02 AM
Re: None Post # of 2412
I spoke with Allison on Monday she was upbeat and professional as always. All i will say is that PSID is continuing to do what they need to do. I am NOT a 1/10 of a cent investor here. Stock price will take care of itself in due time! We are all waiting, Patience is a virtue!
By the way i HIGHLY doubt a buyout liv4, PSID has sacrificed way to LONG to not receive all that they deserve.
By the way anyone NOT believing in BIOWATCH or the SAIC deal doesn't need to be invested here. I know what i OWN, my reward for being PATIENT is on the way! MBD
When-PSID-iglucose doesn't-do as-promised, is PSID betraying investor's trust..
Do you think that's why PSID, Investor Relations Department, doesn't answer their phone, doesn't return phone calls, left on their answering machine, and doesn't respond to investor email questions..
madmaxd2 Monday, November 26, 2012 12:35:00 PM
Re: greaseyfingers post# 2397 Post # of 2398
PSID has never mentioned again anything about iglucose whatsoever. I think its not even an option at this point. Of course theres no way of knowing since they do not communicate their intentions with the public or their investors. My hopes lie with the recent teaming agreement with SAIC. Hopefully this is true and something will come of it. Only time will tell, hopefully my investment wont completely disappear by then.
greaseyfingers Monday, November 26, 2012 12:10:02 PM
Re: None Post # of 2398
Why hasn't PSID been updating investors about iglucose revenue earnings, when it was announced, before, that they had already partnered with IDEAL LIFE and SIMPLEX HEALTH CARE for marketing and selling iglucose to their diabetic customers..
Is PSID actually generating any earnings revenue off any of it's products, at this time..
Why hasn't PSID been updating investors about igluocose revenue earnings, when it was announced, before, that they had already partnered with IDEAL LIFE and SIMPLEX HEALTH CARE for marketing and selling iglucose to their diabetic customers..
Is PSID actually generating any earnings revenue off any of it's products, at this time..
When do you expect PSID will-reach your-predicted price..
liv4ree Thursday, November 08, 2012 12:54:36 PM
Re: makingbiigdough post# 2247 Post # of 2299
3.00 to 5.00 is really being conservative mbd. My guess is 10.00 to 12.00. Jmo
makingbiigdough Thursday, November 08, 2012 1:06:51 PM
Re: liv4ree post# 2249 Post # of 2299
I know liv4...lol. Remember u asked me months ago my target price? I believe i told you $12-15.
However we need to get to $3-5 first, and i believe we get there in the VERY near future! That is what i meant.
Hey by the way i believe i was the one saying a month or so ago to watch out for and remember the term "TEAMING"
By the way Manufacturing agreement will be announced along with the submission of PSID's RFP proposal! wink wink...all JMO of course..hell what do i know! MBD
makingbiigdough Thursday, November 08, 2012 11:00:41 AM
Re: conix post# 2246 Post # of 2299
Yes, i agree however i am not to worried about the dilution at this point. It is what it is. Dilution will be over soon imo! Once RFP is announced and funding released PSID will NO doubt be in a totally different financial situation.
Not to mention the small float here. By the way anyone selling at these levels needs there head examined! MM's know that small minds think small, they are stealing as many shares as they can get their greedy hands on.
I am just continuing to be PATIENT, that is the catalyst here! JMO.....By the way those micro days were the days!!lol..My prediction PSID .02+ - $3-5+ in the near future! MBD
makingbiigdough Thursday, November 08, 2012 10:41:59 AM
Re: conix post# 2241 Post # of 2299
Hey conix NEVER can remember in my 25+ yrs of investing a stock with SO MUCH potential being held down as much as PSID has! PSID's coil is sprung so tight, when it FINALLY is let loose i truly believe we will have the dejavu experience of the penny runs in the good ole days! Ahhhhhh Reminescing stocks like ECNC going from .20 cents to over $20!!! Many others as well.
I LOVE AMERICA! MBD
Replying to positive steve's post# 2279 on SAIC..
I sincerely hope your opinion and perception of why SAIC, Investor Relations, didn't respond to my email that was sent to them, requesting their confirmation, if PSID had legitmately teamed with SAIC, as was announced by PSID stock news to investors..
positive steve Monday, November 12, 2012 9:22:40 AM
Re: greaseyfingers post# 2269 Post # of 2294
SAIC has gotten some big contracts in the last week totalling over 100 mil. This teaming deal with PSID is small change for them and not top priority on emailing back a bunch of people. Plus they are such a huge organization that by the time the email or call filters down to someone to reply it might not be worth it to them. JMO of course
greaseyfingers Friday, November 09, 2012 6:04:16 AM
Re: None Post # of 2294
Replying to Robsct post# 2267 about SAIC Teaming..
I sent an email to SAIC, Investor Relations, on Wednesday, November 07, to confirm if SAIC has Officialy Teamed with PSID, as was announced..
I haven't received a response, yet, from SAIC, Ivestor Relations, in this regard, if SAIC has, legitimately, teamed with PSID, as was announced..
I surely thought SAIC, Investor Relations, would be responsible enough to respond to all investor emails, in a timely matter..
Does anyone reading this, have any ideas why SAIC, Investor Relations, hasn't responded to my investor email question to them, as mentioned..
Robsct Friday, November 09, 2012 4:42:25 AM
Re: Robsct post# 2267 Post # of 2268
I haven't gotten any call back from SAIC, yet.
greaseyfingers Wednesday, November 07, 2012 7:46:22 PM
Re: None Post # of 2268
Sent email to-confirm if SAIC has-teamed with PSID..
Hopefully, I will hear back from SAIC, Ivestors Relations, in this regard, if SAIC has, legitimately, teamed with PSID, as was announced..
Here is the email that was sent to SAIC:
Dear Mr. Paul.E.Levi@saic.com
I'd appreciate a return reply, confirming if your Company has signed an Official Teaming Agreement with Positive ID. Corporation, (PSID), for Marketing Development and Selling their products, from the information that I read, yesterday, online, which I have included for you to read, too.
PositiveID Corporation : Announces Teaming Agreement With SAIC to Pursue Defense Threat Reduction Agency Contracts 11/06/2012| 09:42am US/Eastern
Companies to Pursue Weapons of Mass Destruction - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/Survivability and Infrastructure Programs
DELRAY BEACH, Fla., Nov. 6, 2012 (GLOBE NEWSWIRE) -- PositiveID Corporation (" PositiveID") (OTCBB:PSID), an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing, today announced it has signed a Teaming Agreement ("Teaming Agreement") with Science Applications International Corporation ("SAIC") (NYSE:SAI) to pursue the Defense Threat Reduction Agency ("DTRA") Indefinite Delivery/Indefinite Quantity ("IDIQ") Multiple Award Contracts supporting the Weapons of Mass Destruction ("WMD") - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/ Survivability and Infrastructure programs.
The Teaming Agreement pairs SAIC's system engineering and integration capabilities with PositiveID's bio-threat detection technologies. PositiveID will offer both its Dragonfly™ Rapid MD-x Cartridge-based diagnostic system (" Dragonfly") as well as its M-BAND (Microfluidics-based Bioagent Networked Detector) airborne bio-threat detector as part of the Teaming Agreement.
Sincerely yours, Investing
Replying to Robsct post# 2268 concerning SAIC-Teaming with-PSID..
I sent an email to SAIC, Investor Relations, on Wednesday, November 07, to confirm if SAIC has Officialy Teamed with PSID, as was announced..
I haven't received a response, yet, from SAIC, Ivestor Relations, in this regard, if SAIC has, legitimately, teamed with PSID, as was announced..
I surely thought SAIC, Investor Relations, would be responsible enough to respond to all investor emails, in a timely matter..
Does anyone reading this, have any ideas why SAIC, Investor Relations, hasn't responded to my investor email question to them, as mentioned..
Robsct Friday, November 09, 2012 4:42:25 AM
Re: Robsct post# 2267 Post # of 2268
I haven't gotten any call back from SAIC, yet.
greaseyfingers Wednesday, November 07, 2012 7:46:22 PM
Re: None Post # of 2268
Sent email to-confirm if SAIC has-teamed with PSID..
Hopefully, I will hear back from SAIC, Ivestors Relations, in this regard, if SAIC has, legitimately, teamed with PSID, as was announced..
Here is the email that was sent to SAIC:
Dear Mr. Paul.E.Levi@saic.com
I'd appreciate a return reply, confirming if your Company has signed an Official Teaming Agreement with Positive ID. Corporation, (PSID), for Marketing Development and Selling their products, from the information that I read, yesterday, online, which I have included for you to read, too.
PositiveID Corporation : Announces Teaming Agreement With SAIC to Pursue Defense Threat Reduction Agency Contracts 11/06/2012| 09:42am US/Eastern
Companies to Pursue Weapons of Mass Destruction - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/Survivability and Infrastructure Programs
DELRAY BEACH, Fla., Nov. 6, 2012 (GLOBE NEWSWIRE) -- PositiveID Corporation (" PositiveID") (OTCBB:PSID), an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing, today announced it has signed a Teaming Agreement ("Teaming Agreement") with Science Applications International Corporation ("SAIC") (NYSE:SAI) to pursue the Defense Threat Reduction Agency ("DTRA") Indefinite Delivery/Indefinite Quantity ("IDIQ") Multiple Award Contracts supporting the Weapons of Mass Destruction ("WMD") - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/ Survivability and Infrastructure programs.
The Teaming Agreement pairs SAIC's system engineering and integration capabilities with PositiveID's bio-threat detection technologies. PositiveID will offer both its Dragonfly™ Rapid MD-x Cartridge-based diagnostic system (" Dragonfly") as well as its M-BAND (Microfluidics-based Bioagent Networked Detector) airborne bio-threat detector as part of the Teaming Agreement.
Sincerely yours, Investing
Replying to Robsct post# 2267 about SAIC Teaming..
I sent an email to SAIC, Investor Relations, on Wednesday, November 07, to confirm if SAIC has Officialy Teamed with PSID, as was announced..
I haven't received a response, yet, from SAIC, Ivestor Relations, in this regard, if SAIC has, legitimately, teamed with PSID, as was announced..
I surely thought SAIC, Investor Relations, would be responsible enough to respond to all investor emails, in a timely matter..
Does anyone reading this, have any ideas why SAIC, Investor Relations, hasn't responded to my investor email question to them, as mentioned..
Robsct Friday, November 09, 2012 4:42:25 AM
Re: Robsct post# 2267 Post # of 2268
I haven't gotten any call back from SAIC, yet.
greaseyfingers Wednesday, November 07, 2012 7:46:22 PM
Re: None Post # of 2268
Sent email to-confirm if SAIC has-teamed with PSID..
Hopefully, I will hear back from SAIC, Ivestors Relations, in this regard, if SAIC has, legitimately, teamed with PSID, as was announced..
Here is the email that was sent to SAIC:
Dear Mr. Paul.E.Levi@saic.com
I'd appreciate a return reply, confirming if your Company has signed an Official Teaming Agreement with Positive ID. Corporation, (PSID), for Marketing Development and Selling their products, from the information that I read, yesterday, online, which I have included for you to read, too.
PositiveID Corporation : Announces Teaming Agreement With SAIC to Pursue Defense Threat Reduction Agency Contracts 11/06/2012| 09:42am US/Eastern
Companies to Pursue Weapons of Mass Destruction - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/Survivability and Infrastructure Programs
DELRAY BEACH, Fla., Nov. 6, 2012 (GLOBE NEWSWIRE) -- PositiveID Corporation (" PositiveID") (OTCBB:PSID), an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing, today announced it has signed a Teaming Agreement ("Teaming Agreement") with Science Applications International Corporation ("SAIC") (NYSE:SAI) to pursue the Defense Threat Reduction Agency ("DTRA") Indefinite Delivery/Indefinite Quantity ("IDIQ") Multiple Award Contracts supporting the Weapons of Mass Destruction ("WMD") - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/ Survivability and Infrastructure programs.
The Teaming Agreement pairs SAIC's system engineering and integration capabilities with PositiveID's bio-threat detection technologies. PositiveID will offer both its Dragonfly™ Rapid MD-x Cartridge-based diagnostic system (" Dragonfly") as well as its M-BAND (Microfluidics-based Bioagent Networked Detector) airborne bio-threat detector as part of the Teaming Agreement.
Sincerely yours, Investing
Sent email to-confirm if SAIC has-teamed with PSID..
Hopefully, I will hear back from SAIC, Ivestors Relations, in this regard, if SAIC has, legitimately, teamed with PSID, as was announced..
Here is the email that was sent to SAIC:
Dear Mr. Paul.E.Levi@saic.com
I'd appreciate a return reply, confirming if your Company has signed an Official Teaming Agreement with Positive ID. Corporation, (PSID), for Marketing Development and Selling their products, from the information that I read, yesterday, online, which I have included for you to read, too.
PositiveID Corporation : Announces Teaming Agreement With SAIC to Pursue Defense Threat Reduction Agency Contracts 11/06/2012| 09:42am US/Eastern
Companies to Pursue Weapons of Mass Destruction - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/Survivability and Infrastructure Programs
DELRAY BEACH, Fla., Nov. 6, 2012 (GLOBE NEWSWIRE) -- PositiveID Corporation (" PositiveID") (OTCBB:PSID), an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing, today announced it has signed a Teaming Agreement ("Teaming Agreement") with Science Applications International Corporation ("SAIC") (NYSE:SAI) to pursue the Defense Threat Reduction Agency ("DTRA") Indefinite Delivery/Indefinite Quantity ("IDIQ") Multiple Award Contracts supporting the Weapons of Mass Destruction ("WMD") - Defeat Technology, Arms Control, and Nuclear Technology Electromagnetic Research and Development/ Survivability and Infrastructure programs.
The Teaming Agreement pairs SAIC's system engineering and integration capabilities with PositiveID's bio-threat detection technologies. PositiveID will offer both its Dragonfly™ Rapid MD-x Cartridge-based diagnostic system (" Dragonfly") as well as its M-BAND (Microfluidics-based Bioagent Networked Detector) airborne bio-threat detector as part of the Teaming Agreement.
Sincerely yours, Investing
It's ridiculous when PSID doesn't-answer phone-calls, or emails..
Sparky635 Sunday, November 04, 2012 1:09:02 AM
Re: greaseyfingers post# 2187 Post # of 2188
It does appear that senior managers are not capable of selling anything. How can I take this company seriously if no one answers the phone during business hours?
Has anyone contacted the S.E.C., or the Better Business Bureau, and reported that PSID has been making falve claims to investors..
It's, obviously, deceptive and fraudulent, when PSID has been making false claims and statements, being PSID had told investors that they had partnered with Ideal Life and Simplex Health Care for selling iglucose to their diabetes customers for generating PSID revenue, which hasn't been done, to my knowledge..
How can PSID expect to win a contract, and do any business with The Department Of Home Land Security for selling them their M Band Bio Watch Gen3, when PSID is so negligent and irresponsible, they wont't even answer investor's phone calls, or emails..
It seems PSID management is, only, interested in receiving their outrageous and undeserved salaries, from fraudulently deceiving investors, rather than promoting their PSID products to earn honest revenue from sales..
Or, at least that's the way it appears to me, I.M.O..
Ideal-Life and Simplex-HealthCare should be selling iglucose like-hotcakes
Especially when iglucose has, already, been FDA approved and being PSID had announced their strategic partnerships with Ideal Life and Simplex Health Care for selling igluoose to millions of their customers who have diabetes..
Being we haven't heard of any iglucose sales being made, yet, by either Ideal Life or Simples Health Care, for generating any earnings revenue to PSID..
Does anyone have any knowledge of what's actually going on?
Do you think, maybe, PSID can't afford manufacturing costs for iglucose being manufactured on a large scale?
Or, do you think PSID is having difficulties getting licensed to let Ideal Life and Simplex Health Care sell iglucose to their customers, who have diabetes..
Replying to Post #2180 ~ What happened to mbd?
liv4ree Tuesday, October 30, 2012 12:17:24 PM
Re: madmaxd2 post# 2179 Post # of 2180
What happened to mbd?
Maybe, his wife or girl friend put some shrink cream, where they weren't suppose to..lol
If mbd, stands for my big d_ck..lol
When I called Ideal-Life, approximately 6-to-8 weeks ago, regarding if they were partnered with PSID for selling iglucose, being PSID, investor relations would never respond to my emails, in this regard..
The person I spoke with, at Ideal Life, seemed extremely uptight, nervous, slightly lost for words and somewhat irritated, when I asked if Ideal Life was partnered with PSID for selling iglucose to their diabetes customers..
I was told by this person, at Ideal Life, he couldn't talk about it..
I said to him, then I'll make it very simple for you to understand and answer my question..
Then, I said to him, either Ideal Life is selling iglucose for PSID, or they aren't..
Which is it, a yes or no, to this question..
He said, no. we aren't selling iglucose for PSID..
When I asked him, are you going to be selling iglucose for PSID, in the future..
He told me he didn't know, and couldn't answer that question for me..
Being PSID had stated, before, that they had strategically partnered with Ideal Life for selling iglucose to their customers with diabetes..
It really makes a person wonder, what is actually going on with these supposed business partnerships that PSID says they've made with Ideal Life, and Simplex Healthcare for bringing iglucose to makret, for generating sales from people, who have diabetes that are customers of these Companys, as mentioned..
Does anyone reading this, have any idea what's actually going on, in this regard..
liv4ree Tuesday, October 23, 2012 10:58:49 PM
Re: greaseyfingers post# 2167 Post # of 2168
I sent an email to Ideal Life last Monday via their website. I received a phone call from them on Tuesday morning. I wasn't available to answer my cell, so the rep left me a message with his extension to call him back. I called him back about an hour later, and the conversation went something like this.
Me: Good morning, my name is >>>>>>> I'm returning your call.
Rep: You called me. Can I help you.
Me: Yes, I'm inquiring about the iglucose unit from Positive Id Corporation, whom your company partnered with at the beginning of the year.
Rep: Who are you?
Me: My name
Rep: Who are you with?
Me: I'm with me.
Rep: Are you with the company Positive Id Corporation?
Me: No, I'm just interested in the technology.
Rep: Who told you that we partnered with Positive Id?
Me: I read about it on the internet?
Rep: Who posted it on the internet?
Me: Ideal life and Positive Id Corporation.
Rep: At this time, Iglucose is not in our catalog.
Me: Thanks you
Rep: Hung up.
The reps tone during the conversation was not pleasant. He seemed agitated for whatever reason.
I have not drawn a conclusion from this call. I'm simply passing it along. I had also emailed Simplex on the same day I emailed Ideal Life, but never heard back from them.
Again, I'm not saying that this is good or bad as I don't know what to make of it.
Sent Simplex-Healthcare a message concerning PSID and iglucose
Simplex Healthcare, Inc
6840 Carothers Parkway
Suite 600
Franklin, Tennessee 37067
Toll Free: 800.883.0608
Fax: 615.226.8088
I thought Simplex Healthcare, Inc. was suppose to be selling iglucose to your diabetes customers for PSID, as one of their stategic marketing sales partners..
When will you be selling iglucose for PSID, as it appears, according to your website, that you currently aren't doing this..
Will be waiting for a prompt email response, in this regard..
Please don't disappoint me and others, as I'm posting this information online for everyone to see, if you comply, by sending an informative and prompt response, or if you choose to just ignore this issue and concern..
Here is the Simplex Healthcare, Inc. website link for you to fill out their contact form and send them a message, as I did..
http://www.simplexhealthcare.com/index.php?page=contact
Please take the time to send Simplex Healthcare a message, or call them, and post, on IHUB, what you're able to find out, if they have a legitimate partnership with PSID, for making iglucose sales to their diabetes customers..
Has Simplex-Health Care and Ideal-Life started selling iglucose..
Being PSID had stated, before, that they had partnered with Simplex Health Care and Ideal Life for selling iglucose to their customers that have diabetes..
Does anyone know if any iglucose sales have been made, yet, by either Simples Health Care, or Ideal Life to their diabetes customers..
Has anyone, recently, called or emailed PSID, or called these Companys, as mentioned, to find out what is actually going on, concerning them being partnered with PSID for selling iglucose..
Over 300-posts made-yesterday, they-must have-crawled back-into the wood-work
Robsct Wednesday, September 26, 2012 10:34:58 AM
Re: Sparky635 post# 1975 Post # of 1984
IMO they are hired thugs of the MM's who have the job of selling the millions of shares there are for sale from Silverman and Ironside.
Did any one learn anything, or get educated, yesterday, from all of the new posters' Bozo Brain Comments..
What's-your-guess on PSID price-rising-over a $1.00 or $2.00
PositiveID Corporation Comments on Department of Homeland Security Revised Procurement Strategy for BioWatch Generation 3, Phase II
Updated Strategy Consists of a Two-Stage Procurement, the First Stage of Which is Planned to Begin Later This Year With the Release of Draft Request for Proposal
Company Believes it is Well Positioned for Performance Testing as Its M-BAND System Was the Only System of Its Kind Demonstrated Previously in the Field Under the DHS S&T BAND Program
DELRAY BEACH, Fla., Sept. 24, 2012 (GLOBE NEWSWIRE) -- PositiveID Corporation ("PositiveID" or "Company") (OTCBB:PSID), an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing, today provided an update to its stockholders on its pursuit of BioWatch Generation 3, Phase II. Two weeks ago, the Department of Homeland Security ("DHS") revised its procurement strategy for BioWatch Generation 3, Phase II, which now will consist of a two-stage procurement which includes two to three years of testing estimated at $89 million. A draft request for proposal ("RFP") on this effort is scheduled for release in the fourth quarter of calendar 2012. PositiveID's patented M-BAND biodetector was developed under a competitive award from the DHS Science & Technology Directorate ("S&T").
The purpose of BioWatch Generation 3, Phase II is to obtain a fully autonomous networked biodetection capability that will be deployed, operated, and sustained, both indoor and outdoor, in selected U.S. BioWatch jurisdictions to continuously monitor the air for agents of biological concern. The original procurement outlined in the draft solicitation released by DHS in August 2011, with an estimated contract value of $3.1 billion, contemplated a single procurement resulting in a single award Indefinite Delivery Indefinite Quantity (IDIQ) contract for Performance Testing, Low Rate Initial Production (LRIP), Operational Test & Evaluation (OT&E), Detector Production, Deployment, Sustainment and Disposal.
The revised strategy, released by DHS two weeks ago, would consist of a two-stage procurement using a competitive down-selection between stages. Stage 1 would be for Performance Testing of candidate systems and may result in the award of multiple contracts depending on the technical merits of proposals submitted and the availability of funding. Stage 2 would be a separate competition and result in the award of a single contract for LRIP, OT&E, Full Rate Production, Deployment, Sustainment and Disposal. To be considered for the Stage 2 award, a company would need to demonstrate a design maturity and data set equivalent to that of Stage 1 participants.
William J. Caragol, Chairman and CEO of PositiveID, stated, "We believe the revised strategy for BioWatch, allowing for performance testing of qualifying systems in preparation for the full roll-out of the $3.1 billion procurement, provides us an opportunity to prove our M-BAND system, the only system of its kind that was demonstrated previously in the field under the DHS S&T BAND Program. Additionally, we continue to have discussions with potential strategic partners to prepare the Company for success in BioWatch Gen-3, Phase II."
About PositiveID Corporation
PositiveID Corporation is an emerging growth company and developer of airborne bio-threat detection systems for America's homeland defense industry as well as advanced technologies for diabetes management and rapid medical testing. Its wholly-owned subsidiary, Microfluidic Systems, is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats at high-value locations, as well as analyze samples in a medical environment.
The PositiveID Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7717
For more information on PositiveID, please visit http://www.PositiveIDCorp.com.
Statements about PositiveID's future expectations, including the likelihood that the Company is well positioned for performance testing as its M-BAND system was the only system of its kind demonstrated previously in the field under the DHS S&T BAND Program; the likelihood that DHS' revised procurement strategy for BioWatch Generation 3, Phase II will consist of a two-stage procurement which includes two to three years of testing estimated at $89 million; the likelihood that a draft RFP on this effort is scheduled for release in the fourth quarter of calendar 2012; the likelihood that Stage 1 would be for Performance Testing of candidate systems and may result in the award of multiple contracts depending on the technical merits of proposals submitted and the availability of funding; the likelihood that Stage 2 would be a separate competition and result in the award of a single contract for LRIP, OT&E, Full Rate Production, Deployment, Sustainment and Disposal; the likelihood that the original procurement for BioWatch Generation 3, Phase II outlined in the draft solicitation released by DHS in August 2011 will have an estimated contract value of $3.1 billion; the likelihood that the revised strategy would consist of a two-stage procurement using a competitive down-selection between stages; the likelihood that the revised strategy for BioWatch, allowing for performance testing of qualifying systems in preparation for the full roll-out of the $3.1 billion procurement, provides the Company an opportunity to prove its M-BAND system, the only system of its kind that was demonstrated previously in the field under the DHS S&T BAND Program; the likelihood that the Company's discussions with potential strategic partners will prepare the Company for success in BioWatch Gen-3, Phase II; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully bid for the Stage 1 or Stage 2 procurement of BioWatch Generation 3, Phase II; the Company's ability to commercialize its M-BAND system; the Company's ability to attract strategic partners; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on March 28, 2012, as amended on May 4, 2012, and 10-Qs filed on August 20, 2012, as amended on September 12, 2012, May 14, 2012, and November 14, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
CONTACT: PositiveID Corporation
Allison Tomek
561-805-8000
atomek@positiveidcorp.com
Source: PositiveID Corporation
PositiveID
1690 South Congress , Delray Beach, FL 33445
When-is iglucose-expected to generate-revenue through Simplex-Health-Care and Ideal-Life
Being PSID had announced, before, that they had partnered with Simplex Health Care and Ideal Life for selling iglucose to their customers with diabetes..
Has anyone heard, or know when revenue is suppose to start being generated from the anticipated iglucose sales, by these two companies, to their customers with diabetes..
When I've called these Companies, Simplex Health Care and Ideal Life..
The only thing I've been able to find out, is that these two companies are not, currently, selling iglucose to their customers with diabetes..
And they won't tell me if they will be selling igluose, in the future, when I asked them..
Simplex Health Care's response to this question, was, iglucose is being developed and Ideal Life told me, they couldn't answer my question, or talk about it..
Have any of you tried contacting Postive ID, as I haven't had any luck in receiving a reply email from PSID, investor relations, in this regard..