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NTEK knows its cash position on a daily basis and may already be buying back shares. It was in there plan to start the buyback program in July, August and it's already September. Longs are buying more too.
Stay tuned... More credible reviews to come after retail channel news!
NO THEY DON'T! SO THERE!
NanoTech is on the precipice of its next big growth phase, with expansion coming from the release of new products, licensing of our proprietary technology in multiple markets, exponential growth of our consumer media customer base, and upcoming key merger and acquisition deals. The NanoTech team has worked tirelessly building value in the company that we believe shall greatly benefit our shareholders in the coming months and years.
I don't think they get a complete pass, but you have to understand who they are and their backgrounds.
Keating was just a visionary, an Aerosty (rest his soul) was a gap filler until they found someone with more display industry experience. I think Mark Willner was about the only one who was semi-qualified to run the company, but that is not his strength and probably not his desire to be the CEO.
Now we have the largest shareholder who is a semi-retired attorney in charge. I see Mr. Keen as basically a figurehead CEO, but he has invested a lot of his own money into this thing. I only cut Mr. Keen some slack, because he and Willner realize their weaknesses and have reached out to industry experts in Schott and Freitag to get the specialized jobs done.
We can complain all we want about the pps, management, etc. but this is a tiny little R&D company trying to make a go of a new technology. They need help and have sought help to move the technology forward. For that I give them credit.
More likely that shareholders don't understand or like the truth. The stock has offered many opportunities for profits. Just have to know when to hold 'em or know when to sold them.
No problem. I hope history repeats itself pps wise, but with solid numbers to keep it trading at higher levels. The stock will be on breakout board when that happens and more eyes will mean more investors and unfortunately, more bashers to deal with than just the late to the party disgruntled longs.
Back in 2006, the Float was very low (under 80 million shares) and a pump n dump group called Shakerzzzz ran this very high.
Martin Keating was the CEO and had expressed in a PR that they thought they would start seeing revenue by the 4th QTR on the old swept volume display technology. They then decided to pursue the CSpace volumetric display path, which basically eliminated the chance of revenue.
As a result, many called Keating a liar, etc. There were some that jumped in at higher pps and lost money, and others that sold at the higher pps and made lots of money.
The Float is much higher now due to the reverse split and the continued dilution. This is a high risk/high reward stock. Shame on those that invest more than they can afford to lose.
It reached .56 after the second reverse split. I owned the stock when it hit 3.27 back in 2006. Long timers know... The float was around 80 million shares back then. Float is much higher now, but still has the potential to run fast and hard now that they are much much farther along with the technology. They had nothing back in 2006. Now we have prototypes, Freitag and Schott on board trying to make the connections to advance CSpace into a real product. It ain't over until the fat lady sings.
Not likely.
We closed GREEN today!
The name of the game is still funding. Pink or no Pink.
You still hoping for a drop to .003?
Good luck, the stock has solid support here!
Post of the day! LMAO
They are seeking funding to develop CSpace for military use, so it should be no surprise that the military is sending in leadership to check out CSpace. They have thrown millions at other company's, so why not 3DIcon.
The federal government just sent several key representatives and staffers to smell this TURD, so time will tell the future of CSpace!
I Disagree. The company should be valued much higher and it will be once they get More funding.
I was talking more about the congressional staff that were in the picture. I can't see them sending that many people if they were not close or very serious about granting funding for the project.
I would compare this to an R&D drug making company that get's funding to develop a new world changing drug. That alone will cause a spike in the pps. As they proceed with further trials or in this case, JDA's with other companies, the pps will spike again.
Just a little thunder before the funding storm!
It found a bottom, so technical traders are jumping in slowly.
Really??? Where is the proof???
Know the facts:
Fact 1 - Selling shares = capital, not revenue.
Fact 2 - Revenue comes from selling products or services.
Fact 3 - Shares came off restrictions. Duh!!!
Fact 4 - Additional restricted shares were granted.
Pretty Savvy looking group.
The staffers do most of the work for the congressmen/women.
This is progress and good news IMO.
Probably dilution!
That is what Alan Stone says too!
Some just don't understand that Razorback! They think he has some kind of golden parachute and that is not the case here. Sure he gets preferred treatment for owning preferred shares which he paid $275k to get. They are not worth that much right now and will be a lot less if the pps drops to .0025 or whatever as some suggest.
We get some funding news and we and Vic are golden.
I feel good about it. Shows he has common sense and balz!
You obviously don't understand it or you would have explained it yourself.
We are still waiting for the explanation on how he gets paid beyond what he receives each time he INVESTS his money in the company. Please share your infinite wisdom and explain with facts.
Oh, and you can lay off the personal attacks in private messaging. I can't reply, but I can report TOS violations.
Go seek one yourself! I am happy with my investment here and know the facts.
Overstating the facts is more like it. He invested his money to get the preferred shares. Private placement or not, it does not matter. He helped fund the company to pay off the bigger dilution financing and replaced it with a more stable long term equity solution. It was a great move on his part and benefited us shareholders too.
That is complete BS. He only makes money if the company is successful and the pps goes up! Period! End of Story!
HE DOES NOT GET PAID A SALARY!
So help me understand why you beat down the horse you bet on again? The race is far from over here.
Before we thought they were ahead of the competition only to find out that there is no firm competition in the true 3D volumetric display field. 3DIcon is uniquely positioned to emerge as the winner and by many lengths!
What is your definition of a scam stock?
Victor Keen has invested more and lost more money on this stock than anyone on this board. Go look at the pps when he acquired his shares. The company has struggled for several years trying to make a go of their patented technology. They are closer than ever and have the right people and company to help them the rest of the way. They get funding, watch out and look for the two legged horse. (my old SMC friends know what that means!)
It is called a Good 'Til Cancel or GTC order. All brokers have it. Good luck to everyone.
The bottom is in... Advise our clients that Mr. Valentine has made the call!
Just injecting some weak humor while we wait for the next surprise.
CEO drinks Ensure Chocolate Protein shakes, not beer! Hired consultants are doing all the work, not management! Get your facts right! LOL
I agree, they will need far more than $1 million to get this fully developed. I just think they will get a small grant first followed by several others for various applications. Its gonna be a fun ride as things unfold here.
That will be huge, especially when they announce additional partnerships besides Schott. Nice to see folks keeping an eye on the big picture here vs. a tick down in the pps.
The company is going to be successful in getting funding. Wait and see!
And I say "Large" Federal Funding will easily happen in less than 2 years, and any smaller funding will save the company.
I define Large as funding Greater Than ">" $1 million. Any smaller gov't funding will legitimize the technology and pave the way for larger funding. Therfore, smaller Gov't funding saves the company IMO.
Funding news coming and stock will be running.
Who, When and where (besides you) did they say it would be 2-3 years before they get any federal funding? Please post quotes and links to back that statement. They did provided a funding forecast over the next 3 years in the management briefing.
3DIcon Federal Funding Forecast
2014 - $1 Million
2015 - $5 Million
2016 - $15 Million