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aptito: did you have a written contract with him regarding transferring him Aptito in exchange for shares? And how many shares were you supposed to get?
the rainmaker: +1
aptito: how did he steal aptito from you? Your website isn't working
aptito: what is the name of the russian billionaire who owned net element? why did he hire oleg firer?
mission: haha this article contains a pretty false statement. <When Apple’s new Apple Pay service hit the market in early September, the debut triggered a buying frenzy in the mobile payment market, with the exception of Net Element. While shares of most mobile payment providers surged higher, Net Element’s stock price headed south (more on that later), catching the attention of Wall Street Daily chief technology analyst Marty Biancuzzo.>
Nete hit 1.42 on the first day of trading in sept then hit 5.75 on sept 12. Marty was referring to the drop this last week when apple pay launched (it launched on 10.20 per wiki)
mjmillions: ok so whats the confirmation you are waiting for haha?
mjmillions: confirmation of?
Hosey: pe is price to earnings. What you referred is price to revenue
phin: how do you know? you speak hebrew? i would assume that person had contacted the company's ir and was told this..but who knows...the mgmt if they A) believe in the company b) are smart, would some significant insider buying here, then raise money a few weeks after a much higher price
is there goin to be some insider buying?
I don't think DRIO got any money from the shares issued last week. Where does it say in a filing that they got money from it? Quotation from a filing please
Contact the company to request form 4 buying at this market cap level. Officers and directors need to show confidence here
robsct: +1, i agree
Robsct: proof?
$3.3m is apparently on backlog already, what is this $3.3m in revenues from is the question?
sparky635: true
sparky635: MFS i wonder if they have a useless product? Because why would the exec's of MFS sell it to PSID for $1.653m only if it was eligible for the multibillion dollar BioWatch Gen 3 contract?
From 10k: <The estimated purchase price of the Acquisition totaled approximately $1,653,000> - http://ih.advfn.com/p.php?pid=nmona&article=62269586
sparky635: this is a flawed analysis because you must use market capitalization to compare value (why? because the # of shares o/s can change--and is thus not a consistent measure at all). Market cap is a consistent measure of a company's worth
so, i ctrl-f'ed and don't see "PositiveID" or "mband" once in the search results of this whole report. I thot it was an analysis of alternatives, hence the specific companies and their technology would be evaluated? ?
What's with the tanking? Was a high of $0.08 this week. Now has just hit $0.05
OK. And nope, that wasn't what i was referring to. So do you know what the latest is on the Biowatch gen 3 RFP?
Why wouldn't they use that process? Ie. apply for Biowatch Gen 3. Has it been decided that the program wouldn't be funded or something? Did i miss something?
Shares outstanding. 70.5m as of 3.17.14. 79.3m as of 5.13.14. What's the latest news on when the request for proposal (rfp) will be released by the government?
How did psid acquire microfluidics (and thus mband) for just $1.2m? Given that the Biowatch contract is supposed to be in the millions, seems fishy to me. http://investors.positiveidcorp.com/releasedetail.cfm?ReleaseID=575723
ajsmith: hi, ok, thanks for that. Only question now is how many of the warrants they own as of today (ie. if they have exercised any)
ajsmith: where are you seeing 40m pre-paid warrants? the most recent financing i see was for 4.175975m pre-paid warrants. Exercisable at 1c. And they were each bought for $1.54. Filing from 9.25.13: http://ih.advfn.com/p.php?pid=nmona&article=59360260.
The financing closed on 9.30.13:http://ih.advfn.com/p.php?pid=nmona&article=59424173. It lists 4.175975m warrants
How come no update on timelines for final RFP in the p/r out yesterday?
Q3 p/r indicates enough cash thru q2
Could be that it's leaked that the BioWatch Generation 3 will be funded now
I wonder why it's up 37%. See no news
evidence that Microfluidics were broke? and why didn't Boeing or Northup Grumman slightly outbid PSID to get the rights to MBand?
the Microfluidics acquisition seems very fishy to me. Why did the executives at Microfluidics agree to PISD's buyout offer? It was $1-2m usd i think. And especially since Biowatch Generation 3, PSID claims, is supposed to be $3-5b. Why didn't Microfluidics executives wait for a $50m usd offer? Or at least $25m?
Why is this up 43.96% right now? Wondering if this is just a temporary price spike before it fades back down somewhat. There is a review of the biowatch program that is supposed to be completed in q1 per the pdf that psid put out on 1.23
With the insider trading that goes on among congresspeople, staffers, bureaucrats, people inside the military industrial complex...how come PSID's stock isn't higher? Leads me to wonder a) if the chatter is that the Biowatch Gen3 program won't be funded, or b) that PSID's mband doesn't have much of a shot to win the contract if Biowatch Gen3 does get funded
Emailed i/r, got a response that they disclosed it in the last 10q.
"On July 3, 2013, the Company entered into a Securities Purchase Agreement for a new convertible promissory note (the " Purchase Agreement"). Pursuant to the terms of the Purchase Agreement the investor committed to purchase an 8% Convertible Promissory Note (the "Note") in the principal amount of $78,500 (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the “Note”), convertible into shares of common stock, $0.001 par value per share, of the Company (the “Common Stock”), upon the terms and subject to the limitations and conditions set forth in such Note. Interest shall commence accruing on the date that the Note is issued and shall be computed on the basis of a 365-day year and the actual number of days elapsed. The lender may convert the Note into common shares of stock at a 42% discount to the price of common shares in the ten days prior to conversion."
My Q's that arise from this:
a) how come Asher put 11.08.13 as "date of event" on 13g if it really occured on 7.03.13?
b) the 13g filed last friday shows Asher owns 9.9%.........so how come PSID sold 10% of the company for $78.5k??
Share price on 7.03 was $0.11-0.14...with 24m shares o/s x $0.11 ..gives mcap of $2.64m..10% of that is $264...pretty bad financing i guess
robsct: and did you see my post about how they could have sold those shares of DIGAD in the open market likely for a lot more than they got by selling to Hudson?
Pisd: a) is DIGA (ie. digital angel) a private company? don't see a stock ticker for it
b) the pps doubled because the form 13g came out Friday..a fund took a position in the stock and that is seen as bullish. Then the p/r this morning helped a bit i guess (even tho i think it was a pretty bad deal actually for PISD per another post i made today)
PSID owned 871.754k shares of DIGAD per 10.08 filing: http://www.sec.gov/Archives/edgar/data/924642/000139843213000680/psid20131007c_sc13ga.htm.
DIGAD is trading around 2.00$ today. IF (mite not be enough buying interest their) they could have sold those shares for 2.00*871.754 = 1.742m$. Instead as today's p/r shows, they only sold it for $750k. I guess that's the reason they got the warrants for 300k shares of DIGAD at 2.84$ (ie. to not crash the stock of DIGAD by dumping these shares in the open market).
update: PSID also owned, per today's p/r a convertible note that was convertible into 135.793k of DIGAD stock. It was also included in the sale for total proceeds of $750k.
My take: this was a horrible deal for PSID. Seems to me like some corruption going on. Even if PSID crashed DIGAD's stock and sold all the shares at an avg price of $1.00 (ie. 50% of Digad's current trading price), they'd still get $1.007547m!
I see that Asher Enterprises owns 2.403113m by way of conversion of a security. That would be by conversion of preferred shares? If so, how come there wasn't a p/r nor 8-k issued by PositiveID to state that shares were being sold?
Oh, my error, it's NOT new shares..it's shares of Veriteq (symbol Digad)