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Ah, now I see your point. Maybe NVidia asked RAD to be there even though they were not an exhibitor. I'm sure NVidia wants people to see how others are using their tech. Not sure exactly who is putting NVidia's Jetson TX2 AI module into the bot, RAD or SMP, but they are sharing the same headquarters and there seems to be some intimacy there, for lack of a better word. Some speculate SMP will be folded into OMVS. Not sure about NVidia being a customer of RAD, but yeah that would obviously be huge news. It's nice to speculate, but I'm patient enough to wait for whatever is announced. The stock is basically an option without an expiration date at this price as long as dilution is kept under control.
So, what's the share count right now? I mean, give me a number.
I'm not seeing it in that link! Can you check again?
Ahhh, Eric Stratton Racheff. https://www.facebook.com/ericstratton.racheff
He's "never seen it turn out good" in all of his work "in the public markets for the past couple of years." LOL, huge experience there. Sometimes people think they have clues that point to something in particular, but it turns out to be wrong. If, when we get the next SEC filing, the share count has ballooned to what some estimate as 200 million to 100 trillion shares, then one might say OMVS is hiding the share count. If it is anywhere near the 107 million range stated recently, then a gagged transfer agent was not a good clue as to whether something was wrong here. Simple example: I'm thinking of something that has 4 legs. It could be a chair, but it could be a cat. One can swear all they want that it's a chair, but when it is revealed to be a cat they will be wrong.
Ha! Once again it is already mentioned 1 or 2 messages later! Thanks for the info, x.
I've read online sources that state a TA may have a general policy of not giving out that kind of information, so that's a possibility.
So, that means they have 3 months to make their target of 20 robots deployed by the end of this year. Many here expected no robots to be deployed at all. Ha! That means any number greater than zero infinitely exceeds the worst of expectations.
As if Starbux is the only place to buy a cup of coffee, Exxon is the only place to buy gas, Apple is the only company that makes smartphones, etc, etc, blah, blah...
Whoa, that one doubled in just a few days. Interesting tech. I will say I think the range is a bit of a concern at 6 feet. Maybe better suited for scanning at entryways. Plenty of applications remain for both companies, though.
I'm not familiar with the nuances of all the weapon detection methods out there, but I know they have tech that listens for gunshots, as xZx also pointed out before me. Obviously metal detectors have been around awhile and would detect a metallic weapon before a shot is fired, but I would think their range is limited. Do you know of a use case for radar detection of weapons? If so, what's the accuracy and range?
No doubt the tech is out there. It's just a matter of implementation.
Too funny! Just catching up and I wrote the exact same thing!
Yes, that is your opinion and I think you are wrong. They are filing their 10Qs and 10Ks as they should (and properly filing extensions when necessary, as mentioned in your quoted info). I also don't see anything in the information that you provided that would suggest they are at risk of getting a yield or stop sign due to lack of 8Ks.
Ha, I love Psychostick!
They could have 6 microphones circling the top, just like they have those 6 cameras for 360 vision. The microphones could pinpoint in an instant the gunfire and the PTZ camera can be automatically focused on the source based on the data from the microphones. Faster response, fewer lives lost. That's my suggestion. They can have a go at it royalty free because I'm already a shareholder
LOL, I rented a truck from Ryder over the weekend. Look for them to file the 8-k by this evening.
100 shares?! Whoa, fella! I'm not in your league. Only odd lots for me.
I'm calling 105 million? No. Just mentioning what others are claiming from contact with IR. And I believe it was 107 to 109 million range now. I posted weeks ago an estimate of 150 million possible in the coming months and I'm pleasantly surprised by the lower numbers being reported recently on the board.
TA might be gagged for some reason, but what's stopping the company from passing their own share count info on to investor relations to notify people who call them? I'm no securities law expert, but does it matter whether someone calls the TA and gets a share count or calls IR and gets a share count?
I don't know. Ask Sam. He believes he's making a difference. You will only find opinions here anyway. Based on what I'm seeing here there are very few facts to be found.
You're continuously making erroneous statements, like the $2000 cash. That was RAD revenues as of June 30, not cash on hand. I do have to say though, your dedication to ensuring the success of this company is impressive and I thank you for it.
I disagree. Revenues were indicated in the 8k.
The latest numbers we have for RAD revenues are as of June 30th. That's 3 month old data you're basing all your guesses on, but I think you're well aware of that. The next 10Q will have financials as of August 31, as well as more updated share structure information, debt information, etc. Feel free to keep guessing, though. How many shares do you think are outstanding now, by the way?
Agreed. These issues are never put to bed for some. I'd just like to thank these kind souls for worrying about my investment for me.
Oh, of course. We all know the extent of the dilution due to the widely talked about current outstanding estimate from IR of around 105 to 107 million as of Monday, I believe. As far as your comment about dilution and value of the company, when debt is issued they get cash. The cash is then used for, most likely, repaying the worst of debt first and funding necessary business expenses like cap-ex (robot purchases). You know, businessy sorta things. There is a price to pay for dilution, to be sure, but as long as the company moves forward in deploying robots and dilution is kept under control they will have cash flow from those robots to start covering business expenses, which leads to diminishing convertible activity going forward.
Do you mean resistance or support? They are 2 different things.
Those are all assumptions and guesses on your part. The numbers you are quoting are as of June 30th and are already 3 months old. The 10Q will have numbers for the quarter ended Aug 31. We also know that more debt was issued since June 30th, which means more cash which is what they have probably used to pay down old debts and purchase robots with. As you say, we'll find out soon enough in the 10Q coming up.
LOL, researcher or repeater?
I believe you're referring to my discussion with light1 about OMVS's 10q due date. The due date is absolutely a calculable, knowable thing. I was merely pointing out that he would have been wrong in assuming Oct 10 based on the info he provided. That would have set up an expectation that the filing would be late on Oct 11, when in fact it is due Oct 16.
I'm absolutely not apprehensive whatsoever. I don't have my life savings in this stock. That would be silly. If a position makes you feel uncomfortable, it's likely you're over-invested.
You are trying to paint a picture that filing with the 5-day extension is something out of the ordinary, when in fact it is the standard. I'm merely saying the "true" late would be after the extension has passed. But, again, you had the wrong due date anyway based on the info you provided.
Well, you were wrong about the due date so I'm glad that's settled.
You say they will file late, but that is easily verified when the time comes. I'll bookmark your post and we'll see how you did. If they request a 5 day extension, in my eyes it's standard practice and no big deal. A lot of small companies take advantage of the extension. If they file past Oct 23, then maybe there's a problem.
Could you repeat those other things? I didn't quite catch it the first 100 times.
Yes, from my research looking at their previous filings they usually take advantage of the standard 5 day extension.
OK, thanks for confirming that you are wrong. You will only *believe* that you are correct if you use those guidelines, but you will not be correct. The info you provided states they have 40 days for a 10Q, but smaller companies (ie: OMVS) have 45 days to file. Yes, they can file "late" by 5 more business days if they give prior notice, and that's IN ADDITION TO the 45 days I just mentioned. AND, you have to add a day or two if the due date falls on a weekend.
The real answer is that OMVS's 10q is due by Oct 16...or Oct 23 if they utilize the extension available to every other company like it. If it comes out any time after Oct 23, then I would consider you correct in saying they have filed "late."
I want to know what you THINK the cost is, that's all.
Go back and read my question again, but I'll repeat it here. What is your idea of "filing late?"
Yet another person who refuses to answer my questions because they don't like the answer.
You didn't answer my question. What's the price?
munimi said:
You keep repeating (among other things) that they'll file late. What is your idea of "filing late?"
I don't know where you pulled that from my reply, but you're not addressing what I've written.