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The lame-duck has six days to do it…
and depends on the language of the funding bill. So place your bets: fistfight or no fistfight?
Regardless, the government will fund itself, eventually. And maybe that was reason enough for weekly Closing prices to remain between .004 and .003 since mid-September. I must say a nice eleven-week bottom and who knows, could extend itself until we get news of the signing of the bill… whenever that may be! And then... we’ll see what happens to the PPS.
And then what?
Could it be, we see who gets first shot at CSpace?
Our LOI expired December 2012…
because their tech did not “fit the specifics of our business model.”
However around that time, we filed a patent that reduced the complexity and costs of a new flat screen 3D display technology that, I believe, Mark and George happened upon. We may have received that patent a few weeks ago... or maybe it was Hakki’s Z-axis scanner.
SCHOTT send us a couple of bucks for R&D! Why?!
They know what we have, Optiman! And they know it’s theirs… ultimately! And they also know that they don’t have to fund its development… let someone else do it, someone with not only deep pockets, but perpetual pockets.
The product market now is with your favorite Uncle… no one else will touch it. Remember the echo: “It’s beyond risk tolerance of industry.” And was said by a man very familiar with risk and knows that the only place that can afford the initial risk is the U.S. military-industrial-security-intelligence-complex. Private industry hasn’t the stomach for such risk. And besides, they’ll get their turn, i.e. internet, GPS, and they’ll next-generation it until it becomes old hat. But first things, first.
I would have to assume that our JDA protects the vital interests – and investment – of SCHOTT Defense and SCHOTT Defense only. Should we partner with say a 2D display company, SCHOTT’s interests will not be compromised.
We have Hakki, and we have the patents, and those are inseparable. And where one goes the other goes… and SCHOTT knows it! They’re not jealous… they know that they’re not going anywhere but maybe to Duryea.
Right now, ideas are in Sam’s massive complex making its review rounds as its bureaucracy dictates… and when all of the command chains have been climbed and CYA done, we’ll finally see funding coming our way. And when one agency gets a green light, like-others will follow.
The above is all my opinion, but think about it… CSpace is not going away. It must be dealt with... but the reality is that the Uncle decides who’s going to fund this thing, and when he does he’ll let us know.
So Sam, we’re waiting.
Thanks Cloneman. Have a good weekend all…
and watch some football!
We’ve known for six-months we’re up for grabs…
“… as we develop and further patent our technology it is possible that a potential partner may pursue acquiring our technology or the Company itself.” So said Vic, April 30.
Taking Vic literally, SCHOTT is NOT a “potential” partner to own us or our tech; we partnered with them March 13 via a JDA. That’s how I interpret it, anyway.
Vic also said this in the same paragraph: “… we seek to partner with, among others, companies that make those two dimensional displays now and jointly develop the next generation of display technology.”
So what two dimensional display company, or companies, is Vic talking about and what will be their take? Your guess is good as mine.
SirVincent wants to know, in essence, what are we worth? I have no idea. I didn’t graduate from Harvard Law School or currently President of the University of Oklahoma, or invent CSpace. But I bet those cats have a pretty good idea right now and realize that the price tag of our little Company may become more valuable as plans play out.
Doubledman brought to light the fact yesterday that the SCHOTT Duryea plant was downsizing a little over a third of its optical glass production crew and moving to Mainz, Germany, blaming it on Smartphones. But the main man at the plant said “we remain confident and excited about the opportunities ahead of us utilizing innovative processes and materials that allow us to explore new and growing markets for Duryea.” Now what could that mean?
I don’t know, but the safe bet is, we, 3DIcon, will remain R&D, regardless of whether or not Hakki & Staff move to Duryea, we’re not going to manufacture a thing. We’re either going to collect upfront fees, licensing fees, and everlasting royalty fees, OR… we’re up for grabs.
For what it’s worth.
BOOMER!
You nailed it in one post, Cleanman!
If we were only privy to their ultimate plans…
Jim, here’s the link…
http://ir.3dicon.net/ceo-insights/detail/264/3dicon-answers-shareholder-questions
It’s the third question & answer concerning the video of the current prototype.
Federal funding agencies are suggesting we video the so-called laboratory prototype / demonstration unit. We haven’t been told much about its makeup, but I would have to assume it waste can’s LP2 and its creation is on SCHOTT’s dime. As you know, LP3 is still in limbo and haven’t heard anything on PP1’s progress.
Apparently SCHOTT doesn’t mind the video concept being shown to prime contractors and their end-users. Advantages? I would have to assume so… but who knows?
I assume that regardless of the lack of maturation of our image space, a video would create initial understanding for potential end-users… and we’ll take care of image chamber problems, later. Yeah, yeah, I know the eagle’s constipated… I got it.
Nah, I’m sticking around for the party…
I’ve always been that way.
And yes, I was a little miffed after reading Wednesday’s read other than overall it seemed more forthright than previous reads. Almost like “you can believe what we’re saying but don’t worry, there’s more to the story just around the corner, but we can’t tell you… just yet. We’ve just got to work out a few more details.” And that wears on me.
But I’m resilient and been around too long to know when a party’s in stir.
And like your moniker… I just wish I could, but I do try.
You’re right…
There’s more to the image chamber story that meets the eye.
Something’s amiss with the image space…
Aside from our satisfying visuals for government agencies’ prime contractors and their end-users is a much more involved circumstance, and certainly a more complicated matter: the advancement, fine tuning, if you will, of our image chamber development.
I have no idea what the hang up is but maybe the materials are rare as in rare earth and the Chinese have the market wrapped-up and are advantaged and curious as to why the need for future inventories, or is it that the image space just needs tweaking? The certainty is that we have the glass and the maker’s competence, but what about the dope and its composition within the glass? Regardless, it seems that no one wants to step forward to help with image chamber progress – for whatever the reason!
Is our problem “beyond risk tolerance of industry” that Doug was talking about last June?
We don’t have what it takes, so says DARPA’s Tactical Technology Office. In other words, “That image chamber isn’t mature enough for our interest, go see our DSO.” The Army referred us to its research laboratory, the ARL, and its training and doctrine command, TRADOC.
It seems to me that our best bet at funding is with DARPA’s Defense Sciences Office in reviewing Wednesday’s updated list of government funding sponsors. Take a look, see what you think.
http://www.darpa.mil/NewsEvents/Releases/2014/06/16.aspx
The demand is that we get the image chamber perfected… and it appears that until we are federally funded it’s not going to happen, regardless of our capability to do it.
Kiwi, I thought it was a ‘display’ partner…
that’s next in line, if I remember correctly. But to display it we have to get off high-center for the image space material
development to an “optimum”… for LP3’s sake! To say the least!
What is it about that image chamber material that nobody, nobody wants to touch?!
I can only hope that that Laboratory Prototype / Demonstration Unit video’s nicely. Hope this will satisfy so-called 'grant funders' without jumping through more hoops.
Better stop there.
“If funding doesn't come…
Schott will drop TDCP like a hot potato!”
I’m not easy, Chemi, but I can be had.
If I had my way…
I nabbed some more shares at .0041 the other day and that’s it for us, we’re out of spending money and even if we had it, I’m not enthused enough to buy more so something’s in stir. That’s got to mean that funding news comes any day now. But! Even if it does, I’m really not sure the impact. Oh, granted the PPS will pop and advance quickly, but what I’d like to see is patterned news such as a new display partner a month later, two months later PP1 is finished, government contract in three months, Siemens licensing in four months, etc. I don’t want the funding news to be like the SCHOTT announcement with no subsequent pertinent follow up news… you see where that got us 7-months later, .0035. So funding, IMO, doesn’t necessarily legitimize CSpace… but contracts, licensing and additional funding do.
Until then, SCHOTT is my peace-of-mind… they know what they’re doing.
“It takes money from somewhere…
for all businesses to succeed whether it be stock or partnering or sales.”
Jim, you make too much sense, but for the life of me, I can’t figure out where the financing came from for the “laboratory prototype / demonstration unit.” It’s just casually mentioned for the first time in Victor’s May 21 R&D update letter. Unless I missed something I don’t recall monies being appropriated for its existence.
Is this part of the SCHOTT JDA? Is this the proving grounds for their glass on their dime?
Anyone want to take a shot (tempted) at it?
Seeing is believing…
Kuzami just posted an interesting article, like he said, and thanks. What I gleaned from it is that Air Force brass want the best radar detection means to replace aging systems. But it’s all about state-of-the-art capture! That’s fine, but what about state-of-the-art display?
They’re not there, yet… it’s going to take some convincing. They’re simply not used to it.
Seems like 3DIcon/SCHOTT have been focused recently on the Air Force and the ranking member of the Armed Services Committee, Jim Inhofe. I think it’s a good business ploy. And by that, it will take an altered mindset to the degree for these cats to finally believe and say that “Man, that LP/DU is amazing and I bet we can see our new radar in 3D, true 3D, volumetric 3D… and yes, trash the 2D display that we’re used to! Let’s try it… but what do you think the Colonel will say?”
And I think that’s where we are. We’re trying to persuade the Air Force to open their minds to Hakki’s World. And that convincing may take some time. Anyone that’s been in the military knows that there’s a lot of CYA that has to be done and is government bureaucracy at its best.
But somebody, someday, will execute the order to enhance CSpace to their specifications.
And if you can’t wait, sorry about your luck.
Thanks, Walrus. Man you're on top of things.
Let me throw this out there…
Wonder what happened to the May 29, 2014 article titled: “3DIcon Reports on First Steps in Initiating the Company’s Pursuit of Government Funding in Partnership with SCHOTT Defense” is no longer posted in either the Company’s Press Releases or CEO Insights? I checked CEO Blogs and it wasn’t there either. I wanted to review the writing compared with today’s CEO Insights article.
It’s the article about funding targets, DARPA, ARPA-E, NGA, IARPA, NIH and the US Air Force Research Lab investing in “Human Analyst Augmentation.” Senator Jim Inhofe’s office was solicited for an increase to the investment in eyewear free volumetric 3D display with the latter target.
Victor said we, along with SCHOTT, would actively pursue these targets. Excellent! But why archive the article?
Hmmm.
Thanks Cloneman for the reminders...
Well said.
You’ve got to keep in mind…
We’re playing by government rules… are they fair? Consider the source.
Reverse split? Can of worms… don’t go there.
Any good to this? No. But right now I think Doug Freitag is our best bet to get us out of the pink.
Sorry about the news...
http://ir.3dicon.net/all-sec-filings/content/0001144204-14-054458/v388542_8k.htm
If this has anything to do with 3DIcon…
My best guess is Doug identified for us and brought in the government customer, the newly created SCHOTT Defense, to view the lab scale demonstration of Lab Proto 2, which required financing to mature the technology. SCHOTT was impressed and a Joint Development Agreement ensued. The agreement was for both joint business development and joint technology development. To mature the technology SCHOTT financed the so-called “laboratory prototype / demonstration unit.” This will satisfy their expectations to allow follow up work… whenever Doug manages it.
Retaining the services of Doug Freitag may prove valuable.
BOOMER SOONER!
Talking optimum image space material…
As we know this is what will complete LP3 and is the critical element for PP1. But why is it so elusive to our advancement? Even SCHOTT won’t touch it, but why?
From our March 17 update:
“This partnership, coupled with the expertise of Doug Freitag, should greatly facilitate the success of the Company’s federal funding strategy and our ability to create the unique materials required to advance the CSpace technology.”
“… and our ability to create the unique materials required to advance the CSpace technology.” Hmmm… if we have the “ability” we must have a pretty good idea of how to do it… or at least the capability to do it.
That said, here are some excerpts from Jim’s recent blog on how 3D volumetric displays work:
“Its (3DIcon’s) volumetric displays create a 3D image by projecting precisely coordinated laser beams into a medium containing rare earth materials, exciting those materials to display a monochromatic image…
“3DIcon’s CSpace technology is developing a unique clear host material doped with rare-earth ions to create a transparent 3D projection medium capable of fluorescence.
“Glass is the enabling and critical material acting as the host medium for the laser-excited rare earth materials. A new kind of laser glass could improve the quality of the image and the efficiency of the laser, while also facilitating the rapid scaling of 3D volumetric display systems…
“The glass’ laser properties, customizability to different compositions, and manufacturability all make it integral to the laser system used to project the 3D images.”
I don’t know, but it seems like we have the knowhow to create/combine the image space materials and SCHOTT seems confident that they will master the glass quiz or quizzes based on Hakki’s formulas. Maybe this defines “optimum.”
Unless I’m missing the point – and please tell me if I am – we desperately need the necessary rare earth materials to get us off high-center. And the reason we don’t have these materials is that they are so cost prohibitive that even SCHOTT’s waiting for Uncle Sam to pick up the tab. If so, maybe this is the risk component that other company’s won’t touch… if they could just somehow get there.
All this brings meaning to the old adage… so close, yet, so far away.
It’s all about federal funding, oh, and laser glass…
According to May’s R&D update, Hakki’s initial design on the laser line generator is complete and in yesterday’s blog, Jim mentioned “a new kind of laser glass – soon”… and I would have to assume the two efforts relate. Hakki’s goal was to improve image quality and resolution in the optics redesign; Jim said that glass is the enabler and critical material to improve the quality of the image and laser efficiency depending on laser properties of the glass.
So what’s the holdup?
Again, we’re finished with the new laser line generator and was being “optimized” two-months ago. Hakki started the design of a new wide angle projection lens so we’d have to assume progress has been made. Also, we know that a larger image chamber was being constructed at the same time to accommodate the new projector, as well as the software for touch screen and animation.
I choose to believe that all of these processes were – and continue to be – developed in the so-called laboratory prototype / demonstration unit… which is portable and prettier. And I would have to believe all this is being formulated by “3DIcon’s systems engineering effort,” led by Hakki in T-town with SCHOTT techies in the mix.
It just seems to me that initial R&D has advanced to the point that we desperately need receipt of federal funding for the all-important optimized image space material to complete LP3 and is the critical element to PP1 development.
That said, I’d like to believe PP1 is further along than one imagines… but that’s just me speaking.
“… there also appear to be significant opportunities for this technology to visualize big data for multiple organizations within the Department of Defense and civilian agencies.” Doug Freitag
I believe that our little venture is going to remain within the confines of the federal government for the foreseeable future, thanks to the focus of our big brother, Doug, adopted brother Jim, and the redirection of our financing mindset, thanks to Vic. We no longer will entertain the private sector’s enhancement of the 3D digital signage market and leapfrog to 3D volumetric via CSpace as once perceived. In fact, as Doug portrayed last month… our technology is “beyond risk tolerance of industry.” We tried the private route, but unfortunately, Uncle Sam – thanks to us! – has deep pockets… and doesn’t necessarily mind a hole in them every once in a while.
That said, I was doing some research concerning the DoD and came up with this recent R&D approach… the Perry approach:
“’He consciously invested in R&D for a number of programs that he knew the department would not be able to afford to put into production in any quantities," Kendall said. "A lot of our force today rests on those investments because in the 1980s we had a big defense buildup, and the things we built were the things Bill kept in R&D — the Abrams tank, the Apache helicopter, the F-15, the F-16, the F-18, the Aegis destroyer.’
Kendall said it might be time to return to that kind of approach — directing R&D money in order to build at least a few prototypes of systems the Pentagon knows it can't afford to buy in big quantities in order to tee up programs for brighter budget days, and to prevent the overall research and development enterprise from atrophy.”
As far as the DoD is concerned, they’re apparently facing some budget cutback but maybe a new philosophy may lead to the discovery of our little R&D thanks to the efforts of our big brothers… however stealthy it may be.
Here’s the rest of the article.
http://www.federalnewsradio.com/394/3543452/DoD-shields-basic-research-but-other-RD-will-take-serious-budget-hit
Maybe we are “top secret”…
Are we the one riding “piggyback onto an existing government contract as a subcontractor to a company” this fiscal year?
I personally don’t care what it takes to get in the front door, but I believe our big brother, Doug, does!
You’ve lived up to your moniker…
Now… you going for a triple, or home run, maybe? Just make it be your pitch.
Dialogue thanks to the Freitag / SCHOTT team…
The DOD, with help from political heavyweights, i.e. McCain, Graham, are now well aware of the potential major advancement to its arsenal of weaponry systems via volumetric display… and can forget full parallax, flat surface displays that they’ve been delving into. The military / industrial / intel complex will not compromise state-of-the-art technology and is in good hands with influence from these two cats and other like-minded neo-conservatives. Oh, and I should mention Jim Inhofe, Tulsa’s hometown boy, may have something to say about additional funding to the Air Force’s 3D R&D. Maybe a simple earmark to a future appropriations bill will do the trick. But no doubt, political clout works wonders.
That said. Doug Freitag’s briefing can be heard between, I believe, the 35:00 and 54:00 marks… then SCHOTT’s Jim Stein takes over.
The Air Force is a driving force…
Mark Willner said that we met with Air Force personnel that are the “driving force” behind most of the federal funding for 3D displays this time last year. Since then, it seems like indirect mention of the ‘Air Force’ keeps surfacing in rather obscure ways from time to time.
A couple months prior to the Air Force meetings we identified a special type glass for the Lab Proto 3 image chamber. In Mark’s June 25, 2013 PR announcing the meetings with the Air Force, it was also announced that we hoped to put in place a joint development agreement with the unnamed company providing the specialty glass. It just so happens that the President/CEO of the newly-created SCHOTT Defense is a retired Air Force Major General who joined SCHOTT North America, Inc., which specializes in glass and glass-ceramics, in 2007. Could it be that Scott Custer saw Proto 2 in April 2013, was impressed, and got us an interview with Air Force cats that June who could distribute tax payer money upon higher approval?
The General said this in the May 29 funding pursuits PR:
“… 3DIcon's eyeglass free 3D volumetric display technology provides the next leap forward in display innovation, and is a natural next step for federal agencies to support. The private public partnership of federal funding from the sources we are pursuing would serve to rapidly commercialize this breakthrough technology."
This comes from the same PR of our funding pursuit with the US Air Force Research Lab:
“In a recent meeting with the staff of Oklahoma Senator James M. Inhofe, 3DIcon and Schott requested an increase to the investment being made by the US Air Force in "Human Analyst Augmentation" and to direct this additional investment to eyewear free volumetric 3D display technology.”
Are the General and Jim Inhofe’s office on the same page? Are they saying that eyeglass free or eyewear free (however you want to say it) volumetric 3D display technology could be funded as an “additional investment” to the Air Force’s Human Analyst Augmentation appropriation already in-place? If they are, how convenient!
I have no idea how this “increase to the investment” happens – if it does – by a stroke of the pen or an amendment to an upcoming Senate appropriations bill, but it seems like hometown boy Jim Inhofe’s next step could have something to do with CSpace leaping forward.
Check these out Cloneman from RCR...
“I haven't been in TDCP for 15 years (as some claim on here) so my perspective is as follows. I got in the same day, March 17th, the day Keen released a shareholder letter. I did a significant amount of DD and looked at these steps that had recently been taken:
>TDCP hires Doug Freitag on Dec 9th - on March 4th Mr. Freitag lays out a very detailed plan for procuring Fed Funding
>Jan 28th - the chill and toxic funding retired
>March 13th - the Schott JDA is announced
“I sat thru the entire presentation yesterday and come away with these highlights:
>Mr. Freitag seems to have a high level of expectation that he will be able to procure at least $1MM in Fed fund grants before 10/1/2014 as this is when current gov fiscal year 2014 ends (this is only 90 days away !!!!!)
>Mr. Freitag seems to have a high level of expectation of procuring $6MM (or more) between 10/1/2014 & 9/30/2015 ... and $15MM (or more) the next 12 months after that - projected Fed Funding expected to be $22 + million over the next 36 months (this will dwarf the $300K they received on the OCAST grant and accelerate development exponentially)
>Schott sent one of their top scientists to visit Dr. Hakki at TDCP and he came back to Schott convinced that CSpace was for real. Mr. Stein from Schott says that "innovation" is critical to the ongoing success of Schott and they realize the potential CSpace and TDCP present (why else would they do a JDA?)
>Schott has time and money invested in this (I'm assuming a lot more money than any of us have in this) - they have a team of scientists working in their Pennsylvania facility to come up with the solution for the glass so critical to the display.
>the glass conundrum is the primary hurdle to overcome - TDCP is in a JDA with Schott, the NUMBER ONE GLASS EXPERT IN THE WORLD!
“So in essence the two biggest challenges are:
#1 - non-diluted funding to keep things rolling and crank up the process (solution Schott & Doug Freitag, both experienced at working the system and getting money)
#2 - get the display chamber glass situation solved (requires money, see #1 above) and requires the assistance of glass expert (i.e. Schott and its team of expert scientists)
“I thought Mark Willner was on top of things and Mr. Stein said that Schott designs products that DO NOT FAIL.
“I have made 6 TDCP buy transactions since March 17th, including another 85,000 shares earlier today. I am in this for the long term and realize that "ground breaking" technology such as CSpace will revolutionize many areas in the professional sector. RollerCoasterRide #22713
“Animating the display object inside the chamber was also discussed yesterday. During this process of trying to get the glass for the display chamber perfected with the efforts of the Schott team you also have Dr. Refai (and his limited # of assistants) enhancing other aspects.” RollerCoasterRide #22720
Maybe. But it’s all about the quality of news…
The Daily Chart is showing 12-weeks of consolidation by a narrow-sideways-channel ranging between .0175 and a penny with Resistance now at the 50MA at .0147 and 100MA Support at .0108 and substantiated by the SAR at .0109… with pricing tightening up between a cent and cent and a half the last four weeks.
We’re going to break either Resistance or Support, but when… and what’s going to be the driver? Will it be unexpected news of the meeting? Will it be news of the Army’s Night Vision & Electronics Sensors Directorate prior to, or after, the meeting?
Anticipation is driving the PPS now in my opinion. And if history repeats itself a similar 12-week accumulation period broke with news last March… SCHOTT news!
Management Briefing...
http://ir.stockpr.com/3dicon/press-releases/detail/1204
From Thursday’s targeted agencies funding PR...
“These projected targets would provide funding for the continued development of CSpace, 3DIcon's proprietary technology, primarily focused on the material necessary for the enlarged image space.”
Rob, we seem to be at a standstill concerning the image space material developed to an “optimum.” We do know that major funding will be needed for the continued R&D.
With that said, would you mind sharing your thoughts of what is needed for the technological enhancement of current image chamber materials used in Lab Proto 2 and I would assume in the so-called laboratory prototype / demonstration unit that Hakki is current working with? And how will this pertain to SCHOTT’s glass intellectual property?
Your thoughts would be appreciated.
Next leap forward with natural next step…
Mark Willner said that we met with Air Force personnel that are the “driving force” behind most of the federal funding for 3D displays this time last year. Since then, it seems like indirect mention of the ‘Air Force’ keeps surfacing in rather obscure ways from time to time.
A couple months prior to the Air Force meetings we identified a special type glass for the Lab Proto 3 image chamber. In Mark’s June 25, 2013 PR announcing the meetings with the Air Force, it was also announced that we hoped to put in place a joint development agreement with the unnamed company providing the specialty glass. It just so happens that the President/CEO of the newly-created SCHOTT Defense is a retired Air Force Major General who joined SCHOTT North America, Inc., which specializes in glass and glass-ceramics, in 2007. Could it be that Scott Custer saw Proto 2 in April 2013, was impressed, and got us an interview with Air Force cats that June who could distribute tax payer money upon higher approval?
The General said this in Thursday’s funding pursuits PR: “… 3DIcon's eyeglass free 3D volumetric display technology provides the next leap forward in display innovation, and is a natural next step for federal agencies to support. The private public partnership of federal funding from the sources we are pursuing would serve to rapidly commercialize this breakthrough technology."
This comes from the same PR of our funding pursuit with the US Air Force Research Lab: In a recent meeting with the staff of Oklahoma Senator James M. Inhofe, 3DIcon and Schott requested an increase to the investment being made by the US Air Force in "Human Analyst Augmentation" and to direct this additional investment to eyewear free volumetric 3D display technology.
Are the General and Jim Inhofe’s office on the same page? Are they saying that eyeglass free or eyewear free (however you want to say it) volumetric 3D display technology could be funded as an “additional investment” to the Air Force’s Human Analyst Augmentation appropriation already in-place? If they are, how convenient!
I have no idea how this “increase to the investment” happens – if it does – by a stroke of the pen or an amendment to an upcoming Senate appropriations bill, but it seems like hometown boy Jim Inhofe’s next step could have something to do with CSpace leaping forward.
Playman, you make some good points…
And in answer to your question… yes, the meeting will still happen. Let me explain.
Lab Proto 3 is a done-deal except for installment of its image chamber materials. Hakki’s moved on to two new advancements for Product Platform 1 that being a laser line generator and wide angle projection lens. What’s most concerning to me who’s name will be on the all-important “image chamber material” developed to an “optimum.” I can only hope that his name is on the patent, not SCHOTT’s. That’s paramount! I would like to think that Hakki has already designed the formula for an optimized material and the much-needed funding will complete LP3 and also start the development of PP1 with OCAST money helping out.
Whatever that stuff is it’s rare and expensive. But it seems to me that obtaining the materials is critical to PP1 development and that will be satisfied with the announcement of grant funding.
But yes, I choose to believe that when Victor announced the meeting, he knew the Army’s deadline and he knew that we had a good shot at that funding because Doug told him so and SCHOTT sealed the deal.
But no doubt, it’s white-knuckle time.
First steps! I thought we already took a step…
Let’s see, Doug started December 9, last year. We partnered with SCHOTT Defense March 13. Vic tells us four days later that we submitted a grant proposal to the Army Night Vision & Electronic Sensors Directorate apparently prearranged by Doug and substantiated by SCHOTT… but no mention in today’s targeted agencies for funding. Hmmm. I can only hope between now and the annual meeting we get an update.
And I’m still wondering exactly ‘why’ we’re getting that meeting dated June 19… seems like management had a darn good idea that positive and substantial news will be known just prior to the meeting. I don’t think I’d want to step up to that podium and say “Welcome, bla, bla, bla” without some previous darn good news presented to shareholders’ in PR form. (I haven’t used the word “darn” since I was a kid.)
Otherwise, the political atmosphere has intensified with the former mayor of Tulsa and now US Senator, Jim Inhofe, apparently now in the mix. Mr. Mayor was a mover and shaker when I was in Tulsa in the late 70s to mid-80s with the development of the River Parks area along both sides of the Arkansas River near the downtown area. Beautiful area now and I used to run it daily in the early days. I suspect his office may have some say with the Air Force’s expansion of its 3D volumetric display uses. Just happens that 3DIcon’s lab and office are both in south Tulsa… but you knew that.
Army… what say you?
All in Big Brother’s time…
What I’m gleaning from today’s much anticipated R&D report is that we desperately need federal funding to complete, the “development of the optimum image space material” within LP3. As you know, we recruited Doug Freitag and partnered with SCHOTT Defense to do so. As a result, we’re waiting word from the Army Night Vision & Electronic Sensors Directorate on our first (and only known) submission for grant funding. LP3 completion apparently depends on receipt of this funding!
Hakki, in the interim, is working on the casually mentioned “laboratory prototype / demonstration unit” – surprised? I am – that will hopefully house two of his future patents, the “new laser line generator” and “wide angle projection lens.” I assume that Hakki’s work is to provide better contrast/resolution quality and larger image projection for the larger first product platform.
But first things first!
If LP3 is still perceived to be proof of our technology to credibly engage with prospective customers, we need word of that funding – and we will, in my opinion – when, and only when, the fed/gov finally steps off the hose! June 9... maybe?
Man, I’d like to read that JDA...
I’d like to know primarily the settled intellectual property rights of CSpace development involving SCHOTT. Secondly, I’d like to know their settled IP limitations established for their future two-dimensional display partner(s).
I will say this: Vic doesn’t seem too worried about the legal aspect of CSpace technology jointly developed with SCHOTT and is confident with the JDA. In other words, we need your glass, your funding clout, and maybe your tech team but it’s all about CSpace and the enhanced value of CSpace... he knows who owns CSpace and who has exclusive rights to it.
Hang tight, Vic!
Do you know why our PPS remains stagnant?
“…as we develop and further patent our technology it is possible that a potential partner may pursue acquiring our technology or the Company itself. We also continue to review other opportunities for joint ventures, mergers or acquisitions.”
Uncertainty, no doubt! But looking at the two-month daily chart there’s been a lot of accumulation / consolidation going on between .018 and .0125… since the SCHOTT announcement.
And I couldn’t leave it there… here are some encouraging words: “I believe in the future of the Company and I am a long-term holder with no immediate plans to sell my holdings.”
Oh yeah, a lot more…
However, I don’t think we’ll have to worry about a sale in the immediate future… please refer to my #21151 post. And yes, Vic did mention the possibility that a partner may acquire either our technology or the Company, however, “as we develop and further patent our technology.” And yes, I agree, it is the first mention of us being acquired by another Company, as a few have already suggested, and that we would welcome a sale… but first things first! Vic, in the same paragraph mentioned partnering with a two-dimensional display company and ‘jointly develop’ the next generation of display technology… and what could that be? Kidding.
So when Big Brother gets through with us, us, being SCHOTT and our soon-to-be display partner, then, we may entertain “buyout” talk… so says, me.
Additionally, relative to buyout discussions… what about Hakki, and does he have a say in the buyout? What will OU say about the deal, or, are they even relevant to the discussions? He invented the tech and OU owns a part of CSpace. And to boot, we don’t even know the current status of CSpace!
So bottom line: I believe that there’s a lot of proving ground to be made first before we entertain any buyout talk in the near future.
I’ve owned this stock 9 years to the day… and I’m tired too. Believe me! But I don’t think either of them are tired enough to sell their possible legacy! That said, I realize everyone has a price, and I could be wrong.