Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
As others have pointed out, it typically takes about 9 - 12 months to go through the funding process for these types of Fed grants. They started submitting proposals, etc. in the May - June timeframe, so it will a little while before Frietag's efforts are recognized. The government hands out a lot of money, but they have their own due diligence processes and procedures that company's seeking funding must follow.
Anyone from this bunch, including myself, is not worthy to lead 3DIcon to where they need to go. Not that I'm concerned about a hostile takeover. Support your investment and it will support you back.
Nice post and save a quality Ceegar for the beach too!
It sure does. TedJ already pointed out my mistake.
Thanks and have a great day!
Thank you for correcting me. I must have glanced at the wrong filing.
The funding timelines for the various grants, etc. appear to take 9-12 months from start to award date. NIH says their timeline to award is 9-10 months, so we should probably hear about the NIH award around June/July 2015. We should also hear about the other submissions in the next 3-6 months as they were started in the May - July timeframe.
3DIcon is still in the first half of their Fiscal Year 2014 and their forecast for $1 million will most likely come in the next 3 to 6 months given how the government funding cycles align differently with 3DIcon's fiscal calendar.
The ship is not sinking as the impatient perceive. It's on course to get funding this fiscal year.
NIH - Medical Imaging was mentioned in the Briefing as funding opportunity they planned to initiate in August 2014.
Looks like they are following through with their funding strategy. Most of the others had engagement start dates between May - July.
NASA - Autonomus Operations isn't slated to start until Jan 2015.
We should hear another update in the next 45 - 60 days. ;)
Exactly... Seeing a lot of short term stress over a long term investment here. Folks need to know what they own and let things play out.
Oh my! Looks like an aggressive funding strategy to me. Keep up the great work management and thanks for the update!
That would fall into the merger and acquisition news category that was mentioned recently. Makes sense to spin off the divisions that are un-related to the 4k revenue streams. I wonder if they will use the proceeds of the potential sale for share buyback program.
That was Judy's way of saying that they are still in business and all is good! Mark this post doubters!
Investors bought close to 13 million shares of TDCP today. I wonder why somebody would buy shares in a sinking ship? Unless of course, there is some naked shorting taking place. I would hate to be short when funding news comes out and there is a scramble for limited Float shares.
We are tough cookies too, we defend our NTEK long!
The NTEK guy is beating on a guy named "Shortie"!
Unfortunately, some just like twisting the facts to stir the pot. This ship has sank so many times, it's like watching the Titanic for the umpteenth time! Guess what, the ship hasn't sank yet! LOL
The company's employees would be the one's selling into the market for their own benefit, not the company's, so TDCP is NOT selling shares directly into the market. END OF DEBATE!
Already Loaded in the .05's, when the bottom was etched!
Let's roll NTEK! Bring on those financials, merger and acquisitions deals!
The real news might be that the NP-1 is what was really sold to Sony and UltraFlix is embedded in NP-1. They just spun the deal the other way, so Sony still looks like the hardware giant.
Or you can buy a Seiki for $1500. Consumers are stupid and will pay extra for name brand chit.
It helps Sony sell more TV's and that is their business. Without 4k content, their TV's are crap! It will cost them sales if they don't have the most 4k content available. End of Story!
NTEK and Sony would not strike a deal that did not make both parties money. The deal helps Sony sell more 4k TV's and allows Nanotech to sell it's GROWING 4k Content. Deals like this are a win win for both parties, and a loss for 3rd parties shorting the stock.
The pps is going to be back up over .10 by the end of the week. In fact, it will be etched over .10!
According to Informa Telecoms & Media, revenue from pure OTT services like NanoTech’s UltraFlix is estimated to grow from $14 billion in 2013 to $37 billion by 2017.
Anybody else smell something burning? Like white cotton briefs!
iamthe walrus was asking if they could sell shares directly to raise money. You replied "Yes" and posted the S-8 link which was incorrect. Depending on who received the shares, they may be required to file a form with the SEC when they sell. I have not seen any of those forms filed for a long long time. Insiders are not selling and the company may be issuing shares for services, but is NOT selling shares directly into the market as you eluded to in your response to iamthe walrus.
Good Luck
"and the times, they are a changin'..." (harmonica solo)
That is Totally Incorrect! They issued those shares as part of the Equity Incentive Plan, not for the company to just dump on the open market to raise capital. The volume last week was more likely GG dumping or shares issued for services.
(1)Represents the maximum aggregate number of shares presently issuable under the 3DIcon Corporation 2014 Equity Incentive Plan.
You know, those could come true very soon!
Thanks for posting.
+ Straight off Schott's web site!
Does seeing the spike in volume mean the funding is coming by land or by sea?
Not hiding here, just a busy week at work...
I did not know that they filmed porn in 4k? Or maybe they convert it to 4k using 4K Studios! LOL
How soon folks forget... Recent visit from Congress means progress is being made on the funding front.
Attending the Briefing were the board of directors of
3DIcon, John O'Connor, Chairman, Martin Keating,
Company Founder, and Victor Keen, CEO; Dr. Hakki
Refai, CTO; Mark Willner, Chairman of the Business
Advisory Board; Doug Freitag, 3DIcon's Federal
Funding Consultant; and Jim Stein, VP of
Government Affairs for SCHOTT Defense.
The Briefing included presentations by many of the
above, focusing on the Company's progress in
developing its CSpace technology, the new
partnership between the Company and SCHOTT
Defense, a review of the current state of 3D
technologies and markets, an update on the
technology being developed under the OCAST grant
and a general state of the company review by CEO
Victor Keen.
Some of the highlights of the Briefing included:
An overview of the Company's strategy for
accessing federal funding in collaboration with
SCHOTT Defense.
A projection by Federal Funding expert Doug
Freitag outlining how the Company will apply for
and aggressively pursue between $20 and $25
million in non-dilutive federal government funding
over the next three years.
An update on timelines for various stages of the
Company's development of CSpace.
Been loading slowly for awhile. Dollar cost averaging below a penny.
TDCP is being shorted daily.
http://otcshortreport.com/index.php?index=TDCP&action=view#close
I agree. Time to load the boat again! Thanks for the shares whomever sold out.
You would have to buy the company for over $1.50 per share after we vote in a reverse split, then dilute it down to $.75 in order to pay off the toxic debt remaining.
That is assuming if you can convince, Vic, Martin, myself and other large shareholder longs to sell you the company! LOL
Good luck!
LOL, unfortunately Vic and management own enough shares to vote themselves in for eternity. I stand by my earlier post about management and will continue to support their plans for Federal funding and future product development.
Somebody got paid today!
Since only annual fins are typically audited, it will either be 9/30/14 or 9/30/15.
THERE WILL BE AUDITED FINANCIALS IN 2014.
We have been asked when our next filings are due, and that is September 30. We have recently added internal staff who have begun the work needed for the preparation of audited financials
moving forward. We have retained a local CPA firm to help us integrate our new accounting system, as well as organize our records to streamline the audit process. Our goal remains, as
previously discussed, to have audits completed for 2014.
The last round of Dividends in my accounts tell a different story. Next round of Financials and Divies will send the same message. 21 days and counting~!
LOL. NTEK disagrees.
We have recently added internal staff who have begun the work needed for the preparation of audited financials moving forward. We have retained a local CPA firm to help us integrate our new accounting system, as well as organize our records to streamline the audit process. Our goal remains, as previously discussed, to have audits completed for 2014.