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.
Not a dope on a rope. I get it. Just tired of the stupid comments that most of these sites are rittled with. i.e. the two comments that followed your good reply. Thanks
Wow, Look at it fly with NASDAQ. 8 bucks easy. Off to the races.
Don't know about conferences just know he will be busy this month.
RP is on the road for the next month. Expect things to start moving.
For hell sake name the stinkin Board member so we have some faith that there will be a NASDAQ listing. Or is this an attempt to drive the price down so much that the institutional investors can come in droves and shoot the price up alot quickly?
depends on when LAR will be approved to be produced and sold. If that doesn't come this year there is no way it will hit $25 this year.
disagree. Why move with the charity first prior to anything else. People don't want their corporations appeasing political correctness with their money. They want an Exxon approach, Profits, Profits. Let me spend my money how I want. WIll it provide a long term upside, maybe, maybe not. Time will tell. However management should not do maybe maybe nots with our money. Why leave people hanging with the zbox as almost a side note with little info. Radio shack soon to be "The Shack" is good but people were expecting walmart. Zagg skins good but more of the same. Mall carts won't take us to the next level but are an important support mechanism as I have had two of my own shields applied at mall carts. Earnings were padded with last minute delivery to Best buy and inflated some by counting the coupons as revenue and then placing the coupons on the expense side of the isle. I think the current price will be very exciting when the nasdaq comes but we all expected it to come sooner and somewhere we were given the idea it would be before the conference call or by the 15th. They don't even have their next board member. Hope lots of good news starts to come out. I would buy but not til it drops. When nasdaq come on line it will jump. I just hope management learns from this for future calls. Another thing, Zaggbox better be great and not a pile of crap or there will be a huge drop. Appspace has been a joke so far and needs major help fast. We are working at the speed of business now. Giddy up.
Wondering if investors ran from the foundation which has been established. If it were me I would have put that announcement at the end of the conference call and not right up front. Additionally, wondering if this was a bit early in the growth phase of company. I do agree that this will likely be a great thing for the company in the long run. Don't get me wrong, I am for doing good in the world but as Robert said he was tenative about doing this at first but overcame his concerns and felt it was the right thing. I see investors as being leery of a company actually doing charity for them as most investors perspective is that the sole purpose of the company is to creat products people want to buy, earn money for the investors and then increase pps so that the investors as an investor can do good with my money as I see fit. Now they see that this will increase share in the future and in the long run it likely will. I know Robert and to this point he has made all the right steps. He will continue to do so. Just a thought. Slow onset of appspace.com has been a problem. It was quite anticipated but has been lackluster. I am sure it will be better but needs to get there before anyone believes it will be a big helper. New designs will be good with Zagg Skins but I think most were looking for bigger ideas and a different arena of products more related to electronics. Basically we are still just a covering company. Look forward to new technologies coming down the pike. Hope Zagg Box is something that will develop some momentum in a new product line. If you look out there a number of new companies and products are coming out to compete with the Invisible shield. Skins will keep them a step ahead but not for long. We need new and innovative stuff not just good ear phones. Sounds like this is in the works and hope it all pans out like the previous stuff has.
Form 8-K for ZAGG INC
10-Jul-2009
Other Events
Item 8.01 Other Events
As part of a charitable, estate and strategic partnership plan, Robert G. Pedersen II beneficially sold 800,000 restricted shares of ZAGG Incorporated common stock at a market premium of $8.00 per share to a strategic investor, which included an additional 230,769 warrants from Mr. Pedersen.
Some may want to think about the upcoming announcement of some new item/technology that will be announced at the upcoming earnings call. Additionally something is going on which influenced someone to come in and spend 6.4 x 10-6th bucks and and another 230k warrants. They saw this as an 8+ buck stock. Don't know what it is but we know there are about six new products in the pipeline. I agree that so far appspace has been a disappointment. If these other products are as good ad zbuds and the shields then we will have good second half of year. Price at 6.2 is a bargain now and should be grabbed. I see alot of the price atrophy in relation to RP actually taking some time off with family. You typically see when he is out on the road things happen. This will likely be the case in the next week leading up to the call. I'm in and ready for an uptick.
I submitted recommendation for changes on friday pm. Recieved back automated reponse with links to make it possible to follow my response. Saturday am I recieved back a reponse from Zagg IT guy with response saying they are working on the issue I brought up. To this point however no change in application.
Appspace ok so far. Has seeds of greatness but will require alot of fixes in the very near future. Like the humility of the company seeking input on the improvement of the design and functionality. I will be interested how quickly good suggestions are acted upon. I would like to see some mix of what they have going on and Itunes store style. Flexible/modifiable format that works for each individual would make it more usable and interesting to individual users. Seemed a bit rushed to market and some obvious omissions are glaring. If you have a blackberry or other non iphone there is no reason to be there other than for ones interest in Zaggs stock. I see these fixes have very little time to be implemented before people tune out.
sorry for the redundant response but when it didn't appear the first time I suspected I erased it and it didn't post.
501(c)(3) — Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations
As someone who know's Robert he is a great person and one which is active in his faith. I suspect such a donation to a 501c could be related to his belief in tithing (See link 1 below). Such a donation should not be thought of as lack of faith in his company, just the oposite would be my estimation. The proceeds from his donation are in the area approximately 13 million dollars at current prices.
http://www.lds.org/ldsorg/v/index.jsp?locale=0&sourceId=e141f73c28d98010VgnVCM1000004d82620a____&vgnextoid=bbd508f54922d010VgnVCM1000004d82620aRCRD
this money supports activities such as this below in this link:
http://newsroom.lds.org/ldsnewsroom/eng/background-information/welfare-and-self-reliance
501(c)(3) — Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations.
I am not sure but this is possibly for tithing purposes. As someone who knows Robert he is great man and one of faith. One of the tennets of his faith is to pay 1/10th of all his increase to the mission of his church. For more information see link.
http://www.lds.org/ldsorg/v/index.jsp?locale=0&sourceId=e141f73c28d98010VgnVCM1000004d82620a____&vgnextoid=bbd508f54922d010VgnVCM1000004d82620aRCRD
http://newsroom.lds.org/ldsnewsroom/eng/news-releases-stories/church-welfare-program-helps-people-help-themselves-during-tough-economic-times
The temporary as I called it drop just after the open down to $ 5.35. I guess you just missed it. But as I stated it picked right back up. I don't understand, are you trying to pick a fight? Please don't be like the kid in grade school that was picked on his whole life so he became a cop in order to take his pent up anger out on the world. Were cool. Settle down.
Look for movement this week as RP is working hard. Worked hard last week and has busy week this week. When he is out of town things move up. I suspect this drop will encourage many new investors to jump in. I would look for a big jump again this week. Time to buy in to capture this drop.
John Mellville as director of Sales. I know John and have know his family for years. He is a fantastic guy, articulate and honest. He is a polished motivator with substance. When I saw that he had been named as the new director of sales I was very excited about better future revenues. If he was a slouch I wouldn't be writing today. Management continues to make great choices and you can be confident in the direction they are going. Just though this could be helpful.
From calling Nasdaq needs four days above four dollars when able to submit application. Assume this has already been done. Typical duration is about three months after application submitted.
RP is on the road. If you notice each time RP is on the road things pick up. It must be all the old folks trying to salvage their retirement. He hits lots of investor conferences and does his thing and obviously does it well. What we need is a Where in the World is Robert Peterson blog. He is a hard hard worker. You will be well served by putting your money in now as June is likely a busy Robert work month.