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Why do you think that is funny? That was a legitimate question. All this ballyhoo about Cliff’s prior relationship with Medtronic doesn’t necessarily have any effect on what happens to ITOX. Medtronic has had lots and lots of Vice Presidents. Some succeed elsewhere, others do not. And so far Cliff has produced no tangible results in his part time efforts for ITOX
100,000 shares now worth $330.
Getting closer to absolutely worthless.
The financials tell the story.
When are you going to realize there is nothing in the sales pipeline? There has been nothing to sell but hype for more than 2 years now.
Thanks for your views.
X, what do you think about VLD after this sell-off ?
There are almost 200,000,000 shares outstanding (1,000,000,000 authorized).
At your suggested $1.00 per share, what do you think a buyer would get for their $200,000,000?
Why in the world would any company be interested in buying or merging with ITOX when the company has produced no business in almost two years. ITOX apparently has nothing to offer other than a lot of hype by a few posters on this board and millions of shares which are virtually worthless. The officers and employees have done nothing but milk millions of shares. Disgraceful!
$5,280.00 in revenue for 9 months. Less than $600 a month. Pathetic !
There is nothing here other than a boatload of shares to sell off for a penny or so a share to pay the salaries of the CEO and his few part time associates.
C’mon. The transaction code is not “F.”
Better check your glasses.
You appear to be very well informed about Velo3D. We do appreciate your insight and contributions to this board.
I note that you project that by 2030 Velo3D will be worth 30B and that the stock price conservatively will be between $300 and $500.
What is your projection for the stock price by the end of this year? Six months from now?
I realize that your response as to your “projection” is your opinion or “guesstimate” and not necessarily something that should be relied upon for any investment decisions.
Thank you.
I appreciate your insight on Velo3D but could you clarify or expand on what you mean about “an order for $1M of their machines is the equivalent of $100M in value.”
Thank you.
What is the date of this PR ?
I question because it states that Velo3D is a privately funded firm. Obviously, that has changed.
If there are no contracts - and there haven’t been for several quarters now - there is nothing to report or for which to issue a PR.
I suspect it will stay this way.
What do you expect when the company has only a couple employees and they are part-time.
His interests in private (non-public) companies might conceivably consume most of his attention
ITOX is only a part-time gig for this CEO
Thank you for your insight on Velo3D.
How many outstanding shares of VLD are there after the merger?
Apparently there are no contracts. Therefore, no updates.
Looks like it was posted 2 hours ago in response to Cbrnlol - not “a couple days ago.” Another typo ?
The quarterly report is not due until November 15. That’s 7 weeks - not 2.
Transparent ? You’ve got to be kidding.
When you maintain that ITOX has a “spotless corporate structure, all filings up to date and is squeaky clean” you are ignoring the fact that over the last two years ITOX has:
Been late in filing quarterly reports
Defaulted on loans
Defaulted on rent
Defaulted on employees salaries
They may be current now but you cannot overlook the very recent troubled past.
Why do you term the bridge contract successful? There has been no published report as to the result and any revenue that it has produced.
And ITOX’ deal, or do-called partnership, with Aingura is simply that ITOX receives a sales commission for any business they independently develop for Aingura. They don’t share in any Aingura revenues unless they (ITOX) are primarily responsible for the lead. So far, that appears to be zero.
Unfortunately, I suspect your premonition is right. There is no supportable evidence over the last couple years that builds any confidence, and there is this underlying concern that the CEO uses the sale of ITOX shares to pay the bills while he devotes his time and interest to his non-public ventures.
Looks like he was as GE for 4 years. Why do you say “two?”
And, what qualifies you to state he is “too inexperienced?”
I gather you take this announcement as a positive sign. I am concerned it may indicate Ron Fisher and his staff have not been able to bring any prospective sales into the pipeline.
Have there been any recent terminations or departures from the sales staff, or is this an add-on?
What is the present headcount? At time of last conference call at end of 2Q, I think it was 29.
ITOX filings describe the CEO and COO as part-time. They have interest in non-public ventures where they don’t have to share or disclose revenues.
I suggest you do some research.
If you Google Aingura IIoT you will find that the company is categorized as having less than 25 employees and less than $5 million in annual revenues.
Dollar volume today of shares traded amounted to about $1,100.00. That speaks volumes.
And, last report I saw on Aingura stated they had annual revenue of about $1 million dollars.
Do you think you might just be overstating the potential for this relationship?
Thank you for explaining and correcting some of the misinformation that had been posted.
You provide a much needed voice of reason.
Seems like a “bush league” company when the CEO’s employment agreement describes him as a “consultant” and pays him a hourly wage which would be the equivalent of about a $100,000 a year IF he actually put in 40 hours a week.
Yes, a huge market but ITOX with it’s few part-time employees has 0.00000 percent of the market for the last several quarters despite all the hype by a few posters on this board. Nothing has been accomplished other than a few vague PR boasting of collaborations and NDA which have yet to produce anything.
This appears to be nothing more than a pump and dump designed to feed the principles (part-time employees) while diluting stockholders
They have no revenue
Only a few employees and they are part-time. The principles apparently have interest in other ventures that are not public companies. It might be they devote most of their time and whatever expertise they may have to those non-public companies where they don’t have to disclose or share.
The company has another 800,000,000
authorized shares that they can issue. That would pay the salaries and expenses of the CEO, COO and CTO but continue to dilute the present shareholders.
Frankly, ITOX is overvalued at $0.018. The
only asset at present is unsubstantiated hype.
How can you say “attractive share structure and super thin” when 1,000,000,000 shares (one billion) are authorized which means they can issue over another 800,000,000 (eight hundred million). Talk about dilution !!!!
Maybe you should check Aingura’s financial results. The “top of their game” is obviously not very high. Hardly worthy of touts like yours.
And what real evidence is there that ITOX’
bridge study was successful and will lead to future business?
ITOX’ has a few part-time employees who apparently devote much of their time to other non-public ventures. The company has had no revenue for several quarters.
Their principal asset seems to be touts by “believers.”
This “news” about Aingura’s certification in Spain is more than two months old and was reported at that time.
Yes, I am concerned about the largesse the board has granted to Ruport.
The incentives for 2021 (a potential $333,333) and 2022 (a potential $750,000) certainly seem excessive given the results to date.
Ruport suggested in a conference call last fall that the company was awaiting a response on a proposal for the sale of multiple units. That has yet to materialize
(pun intended).
The generosity would be more acceptable if we knew the status of the relationships with Honeywell, Siemens, Baker Hughes and others. There just appears to be a void when it comes to any follow up for shareholders
It would also be appropriate to know the targets or benchmarks that have been set for Ruport. I believe in one of the three incentives,, the award would be at the sole discretion of the board.
And what is the genesis of the employee retention incentive for Ruport? Have key employees departed or threatened to leave? Some transparency here would be welcome.
If the high hopes that many have for Sigma are eventually attained, performance bonuses for Ruport and others would certainly be warranted. Right now they seem premature.
C’mon, don’t mislead !
IIOT-OXYS did NOT win any such award. Aingura did. The fact that IIOT-OXYS boasts of having had a relationship with Aingura does not realistically have any significant value.