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Once again you repeat yourself.
WW?? Not going to happen, even he knows better, if that was even a possibility he would have stepped in now as temp.
I think all (at least the ones who hope this Co. succeds) should e-mail inra with their support of Lloyd Spencer as Permanent CEO
Seem the obvious choice.
What's the news alert here if this 3 & 4 year old debt has been reported on past 8k's or 10q's. Are you suggesting it hasn't been reported?
P.s. the links worked yesterday.
No need to go away U&D just pointing out where you can answer some of your onw questions, I for one welcome any positive outlook on this board, and yours has been refreshing.
U & D you really should go to the INRA web site and read over the last couple 10-Q's & 8-K's, You could then answer alot of your own questions.
This is from the last 10-Q
NOTE 4 - DISCONTINUED OPERATIONS
RWT’s Universal Robot Controller:
During the third quarter of 2007, the Company made the decision to discontinue production of the Universal Robot Controller due to a change in focus of the core business of the Company. In accordance with FAS 144, “Accounting for the Impairment or Disposal of Long-lived Assets”, the assets associated with this discontinued operation have been reclassified to assets held for sale on the face of the accompanying consolidated balance sheet. The assets consist of machinery and equipment of $22,643 and inventory of $10,000. Management is in the process of negotiating the sale of these assets.
I think the latter (Burned), down %300 to %800 from where their average pps is, couldn't or wouldn't buy down. I think even they will see their $ come back to them in time.
Point taken, thanks
As a board member I would be willing to bet he has had some input on where this Co. needed to make changes and I think most would admit there have been some positive changes as of late. The focus of the co. has narrowed to where it should have been for some time. Now all we need is some definite revenue news.
INRA is going up, it will not be going away.
If they could rid them selfs of cornell they would be.
Heres where I got the os k.s. http://www.sec.gov/Archives/edgar/data/1156784/000114420407061968/v094102_10qsb.htm
Whatever king s.
Hey maybe we could get a photo of the last car WW owned while were at it, or one of his used suits, that would be great!
Can't seem to post the link but here's the web site. http://www.sec.gov/rules/final/33-7881.htm.
Don't know why they would not have enforced that rule prior to Sept. Incompetence?? Na not the SEC. I e-mailed them & that is what they sent me back.
The TA is not gagged. SEC Fair Disclosure Rules and Regulations apply to any information that is not in the public domain. Because of those Rules and Regulations, the Transfer Agent cannot tell one shareholder what the outstanding shares are on a particular date when other shareholders can not receive the same information at the same time. This is what was reported in the last Q. As of November 12, 2007 the issuer had 117,549,718 shares of common stock, $.001 par value, issued and outstanding.”
Because I am the egg man
COROWARE JOINS MICROSOFT PARTNER SOLUTIONS CENTER
Sorry U & D you must have ment this news!
Redmond Facility Offers Location for Designing and Deploying Customer Solutions
Redmond, WA – January 15, 2008 – CoroWare, an Innova Robotics & Automation company (INRA.OB), announced today that it has joined the Microsoft Partner Solutions Center (MPSC) as a project level sponsor.
The MPSC is a 21,000 square foot facility located on the Microsoft Redmond, Washington campus and features state-of-the-art technology laboratories, data centers, a network operations center and partner offices for building, testing and designing superior network solutions that focus on delivering greater availability to revenue-centric, network-based applications and services. The center is designed to engage customers through executive briefings, technology demonstrations, architectural design sessions, proof-of-concepts, training sessions and custom engagements.
“We’re delighted to have CoroWare join the MPSC as a project sponsor,” said David Hayes, director of the MPSC at Microsoft. “We believe that CoroWare’s distinctive suite of innovative services and enterprise solutions can bring great value to Microsoft, our partners and customers.”
By joining the Microsoft Partner Solutions Center, CoroWare will be able to develop and demonstrate its solutions in the MPSC briefing centers, and will have the ability to provide onsite customer briefings, design sessions, proof of concept engagements and training – all of which can be customized for specific customer needs. Through the unique resources offered through the MPSC, CoroWare solutions will be available to customers around the world.
“The Microsoft Partner Solutions Center is a tremendous resource where CoroWare can work with Microsoft to broadly promote our services and solutions portfolio to enterprise customers,” said Lloyd Spencer, president and CEO of CoroWare. “We look forward to demonstrating CoroWare’s innovative solutions - knowledge management and innovation collaboration portals, SOA (Service Oriented Architecture) integration, interactive multimedia applications and Microsoft Robotics Studio simulations - all of which maximize technology investments and achieve customer goals.”
About CoroWare
CoroWare, an Innova Robotics & Automation company, is a software and software professional services provider and mobile robotics integrator that delivers high value services and innovative solutions to maximize technology investments and achieve customers' goals. CoroWare has depth of knowledge and breadth of experience in developing software and solutions for mobile service robotics and business automation through products that include the CoroBot product line. For more information, please visit www.coroware.com.
About Innova Robotics & Automation Inc.
Fort Myers, Fl.-based Innova Robotics & Automation (INRA.OB) pioneers innovative solutions for customers in the software, aerospace, research, and service industries. The Company is chartered to continue expanding its growing suite of technologies through acquisitions and organic growth. Visit Innova online at www.innovaroboticsautomation.com.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Forward-looking statements such as "believe," "expect," "may," "plan," "intend," etc., contained herein are within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on the Company's beliefs and assumptions it made using information currently available to it and which reflect current views concerning those future events. Actual results could differ materially. Therefore, undue reliance should not be placed on any forward-looking statements, since they apply only as of today's date, and accordingly, reference should be made to the Company's periodic filings with the SEC.
Press Contacts:
Coroware
Kami Noland
knoland@coroware.com
(800) 641-2676 x728
Back to News
Scott, I belive you'll get your money back plus from coroware but it will take time. Lets just be glad the Co. is moving in a new direction with good leadership.
Up & Down, you posted this news on the 7th when it came out post #9789
$450.00 at a time, I doubt it. He would stand to make more with a higher share price not lower.
I would say it's a 'deliberate action' by someone/party purposely driving down the share prices to damage the company. Probably someone who lost alot of money on this, feels cheated and has it out for the Co. Sounds like a few on this board I can think of. Sad but temporary effect at best.
For what it's worth Joe I agree with you but I would add "If we have a strong moderator (who wants to see this co. succeed) and a kick a** I-Box we can attract a lot of attention and possible investors.) I'm not so sure our current Mod. wants to see this co. succeed. He is great at DD but can't seem to get past some things at this point, W.W., 3 mill. from the ABB settelment and a big boat. It would be nice if he could.
It doesn't matter, one is enough. It's more fun to read when people don't agree.
Well said. In the long term / big picture, I-Hub, much less photos on the I-box will have very little if any impact on this co. or it's share price. Revenue & coroware are King of this show. Still waiting for that toliet photo!
Walt's pic's that is
"Or not to be" is my vote. Anybody else. Really, what is the (true) purpose of W.W.'s photos being there anyway. I bet if our mod. could find a photo of Walt taking a crap he'd have that on the i-box as well. Enough allready.
A pic of the corobot is all we need. I don't think I'm the only one who doesn't give a rats azz what any of these people look like.
Maybe a licensing deal in the works? Maybe W.W. stands to make more money on licensing deals with this new arrangement as a consultant.
It appears KUKA Robotics is a possable patent infringer in talks with INRA?. This is taken from the new 8-k seq.3 Ex.4.3
Consultant shall advise the Corporation as to all third parties he intends to contact one week prior to such contact and such contact and information delivered to prospective patent or trade secret infringer/violator shall be in accordance with the Corporations established method of securing licensing revenues and trade secret awards or settlements. After proof of the delivery of the appropriate communications, the name of the targeted patent infringer or trade secret violator shall be entered onto the official list of qualified companies for which Consultant (WW) will be eligible to receive said compensation in accordance with this paragraph 1 (b) of this agreement. As of the date hereof, the only qualified company is KUKA.
About KUKA from thr KUKA web site:
KUKA Robotics is the North American subsidiary of KUKA Roboter GmbH, one of the world´s largest robot manufacturers. Since building its first industrial robot in 1977, KUKA has earned an international reputation for robotic excellence. Virtually all of the 80,000 robots installed in the field use our PC-based controller, making KUKA the number one PC-controlled robot manufacturer in the world. KUKA offers a complete range of advanced design robots, covering all common payload categories, from 3 kg to 1,000 kg. Within this range you can always get the exact robot you need for your particular solution. Our PC-based controllers are easily expandable and offer cutting-edge technologies such as remote diagnostics, Windows interface, icon editor, fieldbuses, SoftPLC, OPC server.
Interesting indeed...
The Corporation has certain proprietary intellectual property that it desires to license and has spent considerable time and effort developing relationships, concepts, plans and ideas in connection with the further development, marketing, manufacturing and selling a robotics chair for use in the rehabilitation industry which was initially developed by NIST and is currently being further developed at Florida Gulf Coast University in Fort Myers, Florida. The robotics chair is referred to herein as the “HLPR Chair.”
C.
The Company desires to retain the Consultant to (i) obtain licensing agreements and settlements with trade secret and patent violators of its intellectual property and (ii) to assist in obtaining funding and business opportunities for the Corporation with the HLPR Chair and the Consultant desires to accept the engagement.
b. Licensing and Legal Settlements regarding RWT Patents and Trade Secret Violations. Consultant shall have the nonexclusive right to license the RWT intellectual property (patents) and pursue compensation for trade secret violations, subject to the Corporation’s approval of any licensing agreement or trade secret award or settlement. Consultant shall be paid 7.5% of all net revenues received by the Corporation during the period commencing on the date of this agreement through the date which is the third anniversary of this agreement from such licensing agreements or trade secret awards or settlement agreements entered as a direct result of Consultant’s efforts. Consultant shall advise the Corporation as to all third parties he intends to contact one week prior to such contact and such contact and information delivered to prospective patent or trade secret infringer/violator shall be in accordance with the Corporations established method of securing licensing revenues and trade secret awards or settlements. After proof of the delivery of the appropriate communications, the name of the targeted patent infringer or trade secret violator shall be entered onto the official list of qualified companies for which Consultant will be eligible to receive said compensation in accordance with this paragraph 1 (b) of this agreement. As of the date hereof, the only qualified company is KUKA.
The 32.7 billion dollar question
The U.S. Government has appropriated $33 billion to develop an unmanned fighting force. The goal is to convert 30 percent of its fighting force to unmanned systems by 2010. Only $32 billion $714 million dollars left to spend.
Laptop on Wheels' Rolls in Savings
Device Description
Imagine there's a suspicious package in a public square.
Now imagine that in the time it takes a human to crawl into a protective suit – a suit that may not protect him from the hazardous chemicals anyway – a robot could roll up to the package, sample the substance and determine what it is.
Why this Device Is Cool
"We can put together a robot that goes right out into the field and detects what the chemical is before anyone even goes out there," says Lloyd Spencer, CoroWare President and CEO.
Utilizing mobile robots hasn't always been so easy.
Traditionally, mobile robot developers have effectively started from scratch with each new application. That's an incredibly time consuming process, because developers must write custom software to control the robots, and then test that software to catch all bugs that sometimes make their way into the system.
CoroWare has pioneered a time-saving approach. The company uses Windows XP Embedded as well as whatever accessories are needed for the particular job, resulting in what the company affectionately calls a "laptop on wheels."
"We stress using off-the shelf platforms where they exist and where they're the best available technology for the job," Spencer says. "This way, the customer gets the best of available scenarios: off-the-shelf components to keep costs down and custom development to fine-tune the end result."
The first benefit is rapid development time. By using an operating system that has already been subjected to extensive testing and which already has mature development tools, CoroWare is able to focus on integrating the system and putting it to work.
The time savings is dramatic. Where as the former process can take several months or even years, CoroWare was able to develop prototype software for one new robot in just two weeks and develop a functioning prototype in just two months.
"By choosing Windows XP Embedded, we knew the testing had been addressed by the Windows community," says David Hyams, CoroWare Chief Technology Officer. "That meant we could focus more on the features of the product, instead of just getting it to the point where it would work. This really accelerated our development time."
It's not just the testing process that goes by quickly. Development is also rapid because of the huge array of off-the-shelf devices that can plug into the basic robot. If you need a security robot, CoroWare can add a camera. If you need a device to monitor environmental conditions in a building, CoroWare will add sensors. Because of the broad support for Windows XP Embedded, it is likely device drivers have already been written.
The rapid development process significantly reduces the cost, allowing businesses and law enforcement agencies to recoup their investment in no time at all. In the case of the hazardous materials robot, when you account for the cost of the protective suit and the decontamination process, lost time waiting for lab results and the labor costs associated with the small army of specialists needed to process the scene, the robot can pay for itself after just one or two incidents.
"Instead of making that large investment in terms of people and time, a mobile robot can go right out into the field and get answers," Spencer says.
Another application benefits companies that store a significant amount of food. While they may have a few temperature sensors placed throughout their warehouses, it's very rare for the temperature throughout the building to be uniform. It may be 40 degrees below zero at the thermometer, but warming up elsewhere.
"Even when a cooling subsystem begins to fail, it is not usually detected because sensors are not evenly distributed throughout the warehouse," Spencer says. "An environmental robot could avoid this problem by autonomously traveling in the warehouse night and day, collecting temperature, humidity and position data."
The robot can also detect problems humans might miss. Enzymes can begin to spoil food even while the temperature is still well below freezing. A mobile robot is thorough and can spot even slight temperature changes that could prompt spoilage.
"You'd never know there was a problem," Spencer says. "The food is not wet. It's still frozen, but that's why they want uniformity."
Detecting such problems early through the use of mobile robots gives businesses advance warning they can use to rescue their inventory. A mobile robot may pay for itself by catching just one refrigeration failure early – preventing a costly loss.
Yet another common application is building security. While the cost savings and greater effectiveness are key benefits of the mobile robots, perhaps an even greater benefit is the extra safety it provides to human employees.
"By using a mobile service robot for security monitoring, you can minimize or eliminate the 'dead zones' that wall mounted cameras frequently miss," Spencer says. "Mobile surveillance robots can detect anomalies and send a page or text message to a central security console. Video capabilities can actually enable security staff to see the anomaly and assess its risk before sending guards into an unknown and potentially dangerous situation."
And CoroWare's customers are finding they can have results in weeks – not years. CoroWare is able to prototype a new robot in little more than a weekend and deliver it in under a month.
"To really be able to get it right in this industry, you have to be able to rapidly prototype, test, make changes and deploy the system," Spencer says. "With Windows XP Embedded we can do it at least twice as fast."
'http://www.coroware.com/pluspack.aspx Dec. 7 2007
Alot of B.S. indeed. If beliving I can make money on this stock makes me a pumper so be it. p.s. I've been in this stock 2 years in Jan. Made some money on this stock allready but have given it back, no "newbie" here. Good luck to all, Merry Christmas and to all a good day. I'm out'a here. I'll check in again the first of the year. PEACE
Every thing you say is true (except the pumped part) My only point was I see no need to make your point about the failings of past over & over. Once or twice ok but your way past that. Belive me I know the risk of pennys all to well and this is one of the few I've ever bought. It's my gamble play if you will. Again, If you don't think you'll get your money back why do you stick around?
Amen Up I agree! I'm tired of seeing the same whining post over & over & over reworded. We all know of the many blunders of the past. I understand the need for some to vent but when they vent about the same thing repeatedly then venting is not working. Time to talk to their shrink and get over it!
Scott I have been an an invester alot longer than I've been posting on this site.I have averaged down several times, I'll even admitt I averaged up prior to the ABB setelment(20/20 hindsite shows me I was an Idiot in that case)but I'm still here not to break even but to make some money and I think I will. If I didn't feel that way I would cut my losses no matter how large and move on to try to recoupe else where. If you would, please tell us why you are still here.
The thing that will move this up is news resulting in tangable revenue. Untill then ----------^---------------------^----