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SQUM chart looking good.
Chart looks good.
I agree exactly. Bottomline is once this issue is settled the better for shareholders.
Enought of this ego, Power game, B.S. If the CEO of Sequiam has the ability to pay them off then he should come forward and address the situation. He as a shareholder has as much to lose as all of the shareholders.
Continued silence on this matter is bad P.R. Not that the company has good P.R. in the first place.
KWIKSET TO DISPLAY SMARTSCAN™ AT INNOVENTIONS AT Epcot®
Biometric Keyless Technology to be Featured in House of the Future Exhibit
LAKE FOREST, CA – Kwikset®, a leader in the home improvement industry, announces the incorporation of SmartScan™, the industry’s first easy-to-use biometric keyless deadbolt designed to match any home décor, into an exhibit in INNOVENTIONS at Epcot® at the Walt Disney World® Resort.
Kwikset’s SmartScan™ is a keyless deadbolt door locking system that utilizes biometric scanning technology—specifically fingerprint identification—to secure entryways for residential use.
The SmartScan™ battery-powered deadbolt is activated simply by swiping a pre-approved fingerprint across its sensor, creating an extremely user-friendly access system for all ages, including young children and the elderly. Using sub-dermal sensors, SmartScan™ reads fingerprint patterns located beneath the outer surface layer of skin and verifies the user’s pre-approved entry. Property owners can control who has access to their home with SmartScan’s three levels of access: continuous 24/7 access, temporary access and restricted access, ideal for cleaning services, contractors or house-sitters.
"We’re extremely excited and honored to take part in the House of Innoventions exhibit and display SmartScan™," said Cheryl Kramp, assistant marketing communications manager for Kwikset. "Providing convenience, control and security are our top priorities at Kwikset—much in the same way security is a main focus for modern families. By offering
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KWIKSET TO DISPLAY SMARTSCAN™ AT INNOVENTIONS AT Epcot®
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parents and their children an opportunity to learn about the innovative and personalized security solutions available today from Kwikset, we’re helping to ensure their safety tomorrow."
Visitors to INNOVENTIONS at Epcot® will have the opportunity to view the SmartScan™ being used on the front door at the House of Innoventions and learn more about the use of biometrics in home security. The INNOVENTIONS pavilion features a collection of the latest scientific and technological innovations that help to simplify and enhance everyday life.
Chowie, Kwikset website now updated. Introduced as part of the SmartSeries line of locks. Looks like they changed it over the weekend.
I just noticed Kwikset updated their website.
Lock being introduced as part of their SmartSeries line of locks.
http://www.kwikset.com/smartscan/smartScan.html
Kwikset Smart Series
Website updated.
http://www.kwikset.com/smartscan/default.html
Kwikset website updated. Looks like they are marketing three locks as the SmartSeries.
The Smartscan is included. Website updated below.
http://www.kwikset.com/
Loanstew: Why did they make the FNF board premium?
FWIW, SQUM at bottom .10 I continue to add to my position.
Just my honest opinion. Honestly. Should be easy double in the coming months. Some are very confused right now. I see a great future here. Where to sell I have no idea but a nice move is in the works here.
Good luck
I thought it was just me. I guess since many of us will not pay pay subscription services anymore due to the administrators trying to control the board we get this in exchange.
However, it is better than the repetitive bashing by Knowles etc!! LOL!
Correct and until it is resolved I don't expect any news to be announced. My checks indicate the fundamentals of the company have never been brighter but the recent confusion caused by the CEO has everbody on the edge which is fully explained in the recent 8-K which unforunately led to another round of uncertainty which was unnecessary for shareholders. We have a serious credibility issue with someone.
I do feel this will be a non issue once this is settled. Lots of rumors going on right now and it really is unfortunate this happened.
My research indicates the Biolock/Smartscan is being deployed as scheduled, while many investors are not focusing on Biovault sales and the new products just coming online, not to mention the overseas business.
The final date of August 20 to settle the ego issue is plain as black and white. I would hope the CEO if he has a plan doesn't go to the wire on this.
However, I do look forward to 2Q earnings which should be forthcoming by August 15 at the latest.
I continue to accumulate the stock in small positions as my funds become available.
This really is an issue between the CEO of Sequiam and the Heavy hitters you make mention and has no bearing on the fundamentals of the company.
It really is unfortunate the CEO placed his employees and shareholders in this position without a plan in place.
This is very unfortunate and I look forward to a plan that benefits all employees, investors, and shareholders involved.
Credibility is the main issue here and if the CEO can't redeem himself in a proper manner he should resign.
Agreed and I give you an A + on your DD.
Bottomline is, how shareholder friendly are Brown, Lerner, McLinden, and Slaven?
Hopefully they have some of the key employees and key shareholders in mind and don't try to take the company private. If so then everyone loses. IMO of course.
I hate to get in a pissing match with ego's when nobody wins.
I fully agree on the next 10Q being important.
However, at the present time the current CEO is the one to blame for this nonsense and his lack of clarification and silence on this matter will cause more distrust about his credibility if not resolved in short order.
This is unbelievable and hopefully he has a reason to explain for his actions which resulted in yet another 50% cut in the market cap of this company.
Very unfortunate this took place when it seem like everything was coming together.
This is a credibility issue among management not a fundamental issue concerning the company.
JunezB: You are dead on in your assessment. The recent 8-K concerning the control of this company is the problem right now.
Hopefully, the person that caused this to happen. i.e. NV comes clean and resolves the issue in short order or steps down immediately.
You obviously called the wrong company. Kwikset is the correct company not Kwickset.
Ask for Eric Lundquist. Also, in case you missed it watch the Kwikset execs in the interview from site below.
http://www.nbcsandiego.com/money/13630234/detail.html?rss=dgo&psp=news
Centrum Properties is one of Chicago's most respected real estate developers. Formed in 1980, Centrum is a full service real estate company that focuses on the development of distinctive residential and commercial properties. Although the heart of its development activities has always been metropolitan Chicago, Centrum's portfolio has expanded to include projects in Washington D.C., Manhattan, Hollywood Beach, Miami, Tampa, Orlando, Sarasota, Boynton Beach, Boston, St. Louis, Kansas City, and San Francisco.
A tradition of quality, performance and service defines Centrum's approach to real estate development. Commitment to the highest standards of planning and design has earned vast industry recognition: The 600 West building was selected by Chicago's Landmark Preservation Council as the 2002 Outstanding Rehabilitation Project, Churchill Row received a Distinguished Building Award from the Illinois Institute of Architects, Chicago Chapter; Riverpoint Shopping Center received a Centers and Stores of Excellence from Monitor's Magazine; and Centrum has won numerous Key Awards from the Home Builders Association of Greater Chicago.
Centrum has garnered acclaim in Chicago's urban marketplace for creating distinctive residential communities such as Dearborn Mews, Churchill Row, Bradley Place, Sewing Exchange Lofts and Townhomes, No. Ten Lofts, as well as Kingsbury Park (including The Montgomery, Domain Lofts, and River Village). Creative land planning and distinctive architectural style are Centrum's landmarks which are reflected in its select suburban residential communities such as Ashbury Woods of Lake Forest, Cyril Place of Highland Park, Middlefork Woods of Northfield, Station Place of Glenview, and Wheaton Place and Wesley Square of Wheaton.
Centrum's full service approach to the development process, including zoning, architecture, construction and finance has enabled its specialty retail division to flourish. In addition to being one of the largest Walgreens developers in the Midwest, Centrum has also developed numerous projects for Starbucks, Borders Books and Music, LaSalle Bank, Bank One, and TCF Bank.
Developing distinctive commercial projects in an urban environment is both challenging and rewarding. From the Claridge Hotel in Chicago's Gold Coast to Creve Coeur Pavilion in Missouri, North Avenue Collection in Chicago's River North, and Lafayette Corporate Center in Boston, Centrum has met every challenge in developing in the most dynamic business environments in the country.
In 2004, Centrum began a major expansion into the condominium conversion business in Florida and Chicago. Centrum has converted over 3500 units to condominiums in such distinctive communities such as The Wave, The Tides and Sian Ocean and Resort Residences in Hollywood; Serenata and Somerset in Orlando; Cite in Miami.
The strength of any company can be found in its people. Centrum's reputation has been built on the foundation of its principals and their combined 70 years of experience in the real estate industry. Centrum's national team of talented professionals embodies the creativity, energy, and perspective needed for the continued success of each new development project.
Yes,,, Intel as well. Also the comments about DeWalt very interesting. I can see a Biometric Toolbox as being an excellent product for this type of technology.
Nice Overview of products. Check out OEM mini. Just rolled out to test market in June.
http://www.sequiam.com/content/sequiam/documents/Sequiam.pdf
SQUM Form 4 filed CEO buying stock
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5035345
Form 4 filed CEO buying stock
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5035345
JunezB, I feel if NV buys Biometric Investors he will have to do more than just purchase their position. He will have to do this in a way that is more beneficial to the company than the current loan and share structure.
There is a credibility issue with NV right now and he has to do something to restore it.
Hopefully too much greed does not enter into this and if this were to happen a very large class action lawsuit would follow.
I do not feel BIL desires this as it would only harm their reputation and while they have only being involved for 90 days with Sequiam it would do more damage to the Centrum Properties group than I feel it is worth. The balance sheet and fundamentals of this company are better than ever. If BIL screws honest shareholders then they should be made accountable for their actions. Afterall, BIL has members on the board that can be sued individually as well.
Then again, if greedy rich people desire to punish and crucify and harm honest investors I only wish the SEC enforces actions they are obligated to do.
This is a publicly traded company.
If BIL foreclosed on the assets it is my opinion several key employees would walk as they have a vested interest in this company.
Foreclosure is not a concern but only a threat in my opinion.
I do not believe BIL has any intention to foreclose. There would more damage done to key personnel with a vested interest besides NV as well as harm concerning the name and reputation of Sequiam. If BIL foreclosed they would be left with an empty shell company and all shareholders and key employees would be damaged.
I do not feel BIL desires this. If so then I question BIL's motive.
This is a control issue. A deal has been made. NV pays them off or NV faces the consequences.
I feel NV would not have offered all his shares if something positive was not in the works.
Games are being played and the minority shareholders are all confused.
Hopefully this is all addressed in short order. That would be the best for all investors involved.
Enjoy the Holidays!
FWIW. I don't believe that lack of funding is an issue so I disagree with this as a concern.
I would like to add. Don't underestimate the contacts Nick V has available. I don't believe he would have thrown in the towel unless he had other financing sources available.
I do agree until control of this company is made public the stock price will suffer.
However, the fundamentals have never been better and I have no concern about foreclosure or liquidation. 6 months ago that was a concern. At this time it is no longer a concern of mine. Several key employees have a vested interest in the company.
Main issue is management and control going forward.
This is an issue solely between NV and Biometric Investors and not directly related to the fundamentals of the company.
Hopefully they will resolve this issue in short order for the benefit of all shareholders concerned.
Junezb; Your input has been very worthy. Welcome.
I've been on vacation and until next week will be not as active as spending time with family.
We need to update the Ibox and feel free to communicate with me on any questions you may have.
Welcome aboard.
I agree. I give him an open invitation if he will accept. I appreciate all the work you guys have done while I've been away.
Seems like much has happened in the past week. The stock price doesn't reflect the improved fundamentals which everyone is ignoring at the present time.
I feel you have done your homework and appreciate your input on this board.
JunezB. I see you have done your homework on these guys. Been away for the past week and it looks to me like a Power play began.
Hopefully all stockholders in Sequiam benefit from the PowerLunch crowd. Hopefully things don't become one sided!
For more information on Brown, Slaven, and McLinden, check out their primary company.
Link below:
http://www.centrumproperties.com/
Looks like Power play to me. None of this should have any bearing on the fundamentals of the company. Seems to be between CEO and Biometric Investors Group.
I look forward to this being resolved. Hopefully another good opportunity has presented itself.
Shhhhh, Be Quiet. This isn't the Cyberscam board. Knowles is confused.
We are in a winner. No hype and no false P.R.'s. Get in while you can. I feel you are getting an opportunity of a lifetime.
Enjoy your summer and your family. Call Kwikset and you will find everything is falling in place.
Nice move this week
Very Nice
Too Quiet!
For something major not to be in the works!
Large Blocks changing hands
New York Times article on Smartscan
http://www.nytimes.com/2007/06/10/business/yourmoney/10novel.html?_r=1&ref=yourmoney&oref=sl...
Let's put the SmartScan to the test:
I was replacing a conventional dead bolt in a door, so I only needed to drill three holes on the inside of the steel door that holds the casing where the batteries, display and keypad are stored. Installation time was about 10 minutes.
The first step in programming is to swipe your finger across the sensor three times. It took me a couple of tries to get three scans that were similar enough to be recognized by the lock. You don't need to swipe your finger exactly the same way each time, but there is a very slight learning curve. Not a problem. Since I was the first person to program my fingerprint into the system, I'm now the administrator. To give someone else access to the lock, I'll need to swipe my finger and then have the new person swipe his or her finger three times.
So the next step in my test was to walk around the neighborhood and get a few willing volunteers. I found six: three adults and three children. I let the adults become administrators; they all quickly mastered the system. Next I added the children. There weren't any problems with the two older kids — ages 10 and 13 — but the six-year-old had difficulty swiping his finger across the sensor in a similar way three times. With the help of his mother, though, we were able to program his fingerprint into the system. (He thought it was very cool, but I'd recommend some practice for kids around that age.)
Next, I rubbed some dirt on my hand, but even with that "disguise," the lock recognized my finger and unlocked the door.
The Kwikset SmartScan lock works as promised. The screen size is a bit small, as you can guess. If you use reading glasses, have them with you if you want to add or delete people who have access. A color screen would be nice, but it would add cost and no real functionality to the SmartScan lock.
If you need to pull or push on the door lock or unlock the deadbolt that is currently in the door, that won't change. The motor in the SmartScan is quite powerful, but you will still need to line up the deadbolt with the strike plate. This is not a fault of the SmartScan lock, though.
The lock is operated by four AA batteries. At first this concerned me. What happens if you are locked out and the batteries are exhausted? This could happen, but it's very unlikely. Kwikset claims that if you used the lock 15 to 20 times per day, the batteries will last about a year. And there is a battery-level meter on the display, very similar to the power meter on a cell phone. When the batteries reach a level when they can only move the bolt about 30 more times, the lock will beep for about 10 seconds when the lock is accessed. If you choose to ignore this signal, please take a key with you; the lock has a traditional keyhole for such emergencies.
The retail price for the Kwikset Smart Scan is $199.99. It is currently available in Orlando, San Diego and New York; it will be available nationally in June 2007. For more information, check out Kwikset. This product not only adds convenience and security, it's also fun!
Full Link to article below
http://www.hgtvpro.com/hpro/np_editorpicks/article/0,2623,HPRO_26596_5403434,00.html
Looking forward to an update on their website changing the wording of almost here.
http://www.kwikset.com/
Great News!