The lowest it went was about 1.75 in January and the highest was about 4.50 a share, sorry never hit .70 according to my stats.

But is that the discussion here? I think that DK is trying to make one point, no matter where you are traded or even if you are traded, mgmt needs to run the company responsibly and to date that has not taken place. The jury is still out on the current mgmt team. The only thing I see form them is the stepping up to the bar and annoucing the 8k.

My point is this on time is just that on time for everything, just as DK stated, in my world and I believe most of the world now that is the main measure of a company. Promises don't me squawt!
IMO

Why is the comparison absurd?

I am a buyer, customer service agent, warehouseman and shipper, I could also be a CEO.

I gues my question is "what's your point?" Here I will let you off of the hook, what topic are you trying to discuss with yourself?

I like dk's answer the best. We have heard of money problems before and we do not know what credit issues they have or have had. Let's hope that they are thinking that way and filling orders as we speak. Of course someone could call in and ask for a lead time......

I am still having trouble with using profit from one sale to finance the next run. That problem is cash flow. It will only work if they orders they fill are NOT from any bigger retailers. Those retailers for the most part like paying in 60 days and SEVU is not big enough to push back. If the majority of the orders they have are from smaller companies then I can see that profit to build paln working.

I still feel that there is a cash flow problem that of course they are not telling us about.

No inside information just a gut feel

IMO

Do you know how amny businesses are like that?

I have worked for at least 2 and one of them finally got the "cash flow" right so they could get terms.

That to me is the big problem, cash flow, you can make profit but if the money is not flowing you cannot pay your in your face bills.

IMO

I will do my best to answer your questions:

First I need to make some assumptions here, let's assume that SEVU has a full and stable supply chain. Secondly robotic assembly is not a reality.

If the supply chain is good, they should IMO have one if not many assembly houses putting at least SecureView together manually. Depending on the number of houses working 100 to 250 units a day should be possible. Using easy numbers that is 25,000 a year to 62,000 or sales of $12,475,000 to $31 mil. As demand increases either have the assembly houses grow or get more of them, the south is covered with that resource.

I don't see robotic assembly in their future, nice thing to talk about but very expensive. Labor is much cheaper, also having sub-assemblies made within the supply chain makes more sense, re-engineer your product assembly!

Stock price is dictated by performance and performance only, so the share price has nothing to do with the manufacturing portion, case in point Amazon.com. BTW if I could predicate a price of a stock I woul dbe doing something much different then I am now.

To clarify my position on SEVU, great product, on the surface good sales, but no touchdowns. They are very weak on the manufacturing side. Maybe it was a money issue but it was done how I would have built parts.

Bottom line is sales are just numbers, shipping products pays the bills.

Does that answer your question?

IMO

I am on my side, I don’t agree with everybody all the time, never have, never will.
BTW, I was here long before you were but have been very quiet lately because of the useless dribble, most of which comes from your “type”. In fact my first post I ticked off a good portion of the group.

I do see 2 camps, one that has a rosy feel but many posts have good meaningful content and another that most of time gets ignored or complained about because it’s rarely supported with facts. You make the call.

As for buses last one I rode was yellow. I usually fly in the front part of the plane.

This post is really taking up too much time on this thread but if you want to “discuss” SEVU in an intelligent give and take method no problem.

I do have some words of wisdom though and it becomes more apparent everyday
“Common sense is not a common occurrence”

Happy posting!!!!!!!!!!

Since I don't know who "them" are I cannot say I am one.

However, when I read all of the posts about "robotics", "mass production" and such I get just a little incensed. Not taht I think SEVU's move to production has been steller, it's just unless you live in the manaufacturing world everyday you would have no concept.

At least point since none of us work there at best all we have is speculation on production and the lask of produced product at this point.

With a new team that at least on the surface is Operations oriented I think more production is on the horizon. How far that horizon is, I have no idea because I don't work there. Could SEVU use my help? I would like to think so because that is what I do and I think I am pretty damn good at it.

IMO

Think about it for a second.....

You supported a post from someone who to RM to produce some product. He is not part of that equation anymore. Teh new management team is. In fact don't ever have a Marketing/PR guy even think about "helping" in an Operations area. They don't think right.

BTW, in comparing posts I'll take his spit anytime!

IMO

Finally!!!!!!!!!!!!!
For at least one month the board has been at an RB level. Lot's of things being said but no content. I refrained from posting because of the level of discussion

Now this weekend and today some discussion that makes some sense and has some purpose!

There are still a few that have no content to their posts (IMO) but the level of discussion is much better!

Thanks

As I said in an earlier post, robotic assembly should not be a scape goat, who cares?
This are not complicated units, a few sub assemblies that all could be assembled by hand in a manual assembly line.
I don't think we should hang our hat on robotic assembly, "proving" the assembly line takes a lot of time and effort.
All I want to hear is that they are doing assembly, I just don't think they have all the components yet.

IMO

I didn't think it had a heat problem just that some amount of heat would be created and if the light bulb was not vacuum sealed or purged with nit. condensation would form and the picture would get a bit foggy.

Thanks

You might be correct, I was just thinking about a normal light bulb and if you break one it pops. That is because of vacuum and they do create a large amount of heat. As for watches the led portion of your watch is sealed but some of the electronics are not, like the battery area.

You are correct SEVU probably tested all of this in a chamber let's just hope that they have done the testing with the plastic housing and not just the glass.

Thanks for giving more detail on the plastic and molding end. It's been 5 years since I worked in that industry so my knowledge is old.

BTW, do you think that they will do some kind of vacuum on the completed assembly for condensation reasons? With a screw on lens and an o-ring temp changes I think would bea problem.

Right question wrong subject matter.....IMO

Personal attack by an ex-employee....Many have done it but few have been succesful in their endeavors.

Waiting for a father to publically slamming his child. You will wait for a long time.

Keep asking for detailed information but pick the subjects that have a chance of getting that information.

Does it matter anyway?
You are the only one who cares, everybody else has moved on. Small fish in a really big ocean.

IMO

Mr. Crookk it is very funny you call FCB not too swift......
SEVU is a public company and guess what, they have to have an audit every year buy one of the large accounting firms and the audit of the books are made public for all of us to see.

Just thought you should know.

I am concerned about one thing however, Federal Law employment law is pretty particular about people's employee file, I think it was unprofessional for Rich to make the statements about the disciplinary notices in the personnel file.

Sorry I might be a bit harsh on this but have been to court EEOC court before and they play for keeps and it costs $$.

Any employment lawyer would advise against what was written.

IMO

3 oz. sounds way to conservative, depending upon the thickness of the part I would lean towards 1/2 pound for the housing and 3 oz. for the runners.
Since this is a clear application they will lose 3 oz. for every housing made.

Using rough numbers the yield will be somewhere between 20,000 to 22,000 pieces, provided that this is a multi-cavity injection mold.

IMO

Not a bad Christmas list.......
Have you sent a formal suggestion to RM?

IMO he will do #1 and #4,

#2 and 3 mean he was not as good as he thinks he is and that is tough to admit.

IMO

My guess would be has SEVU asked? Did you tell you friend/relative?
We still don't know if this is a real problem or not, since we don't have a spec sheet or bill of materials for the Secureview.
Schoffer did you e-mail SEVU?

Will we ever be 100% certain of any of the poster's professional credentials? I think not. As to motives, that is a much tougher question.

Everyone of us must make judgement calls as to what to believe or not to believe.

You yourself have been called into question as to your motives because of apparent "Hype" versus "What is Real" postings.

Many times on this board you must take what you read with semi load of salt!

IMO

I understand that would be a concern, however if they are having procurement issues they should state that. As to cash flow issues IMO they can state that also. General statments such as that I think should not be a problem.

Agreed, I have suggested and RM e-mail, no response and I suggested a D and B report, no response. No response really bugs me, tell me that you cannot or won't!!

Like I said before a good buyer (TA don't know if you are even a buyer in real life) can find most parts, I say again if there is a chip problem I am having a tough time believing it. Now there may be another chip that is a problem but we can only work with the scant best guess speculation type information we have.

Very interesting discussion here, at least we are dealing with some facts. What we are discussing about the chips is ringing more true then fiction. Of course that assumes we know all the facts.

F+G and Bull, maybe an e-mail question to RM is in order, of course he has no reason to answer anyone of us but at least the attempt should be made. But a production problem is a production problem, most companies experience them. I think the lack of money issue was a non issue but if there is a chip problem that is a much different problem all together. And it is not a reason to abandon SEVU, they had a similiar problem with the housing and replaced that with a better alternative. If SEVU is the innovator that it appears to be they will find a technical way to fix the problem.

IMO

That is assuming your first piece of information about the 20mhz is correct. We might be able to get that from the patent information.

Also I don't need to find anything for SEVU, if they have a good buyer they could find it with 2 phone calls, many other mfg of chips out there....

First of all what I search for either walks, flys or floats.

Secondly I have both data sheets in my hand and they look very cloes to the same but I am not an electronics expert. But the MC12149 even says it's tuning voltage is 20mhz.

As far as I can see the chip is not the problem as you describe.

IMO

Let's see, first there was no replacement and then the replacement made and recommended by the Manufacturer is not a good replacement??????

Now I ask you why does a mfg replace a part, usually it is to make it equal to or mostly better????

Let's review the computer industry for a moment and the Pentium Chip................

With the limited amount of information (IMO) your version of the situation does not hold much water with me.

Here is the replacement part:


http://e-www.motorola.com/webapp/sps/prod_cat/prod_summary.jsp?code=MC12149&catId=M928068

Amazing!!!!

According to Motorola they are phasing out the chip, however they do have a replacement, with IS normal for the electronics industry.

http://www.mot-sps.com/books/dl110/pdf/mc12148rev7.pdf

Not my opinion just fact.

I have to admit my belief system has taken some hits recently. However, I have not been given enough proof a scam has occurred. The AMEX thing, I have never done it so I cannot comment on it being a dumb move or smart move (have you?). The Taiwan deal, really por planning on SEVU's part. As for production delays, I deal with them every day and anybody in production does.

Am I upset, yes but guess what the stock market is the world's largest Casino...... so yes it is a "crapshoot" and my eyes are wide open. I accepted that going in.

Note to Schoffer, I take it you have never had a multi cavity plastic injection mold made for poly carbonate material have you? 6 months is the norm for design and the manufacturing, been there done that....

Part of me believes you because I have worked for places like this and have been in the same situation but the other part does not. How can your friend be a parts supplier when all of the components except the housing comes from off shore? K-Byte is just the assemblier. Even so any good company orders enough parts to make some sales and works to climb out of the hole slowly.

Another point, not paying for 3 months, man that is an American tradition and does not indicate problems by it's self.

Even grossly unprofitable companies can order parts, not having the money is not the issue, not having the credit becomes the issue and anyone of us could clear tha tissue by spending (I think) $60 on a Dunn and Bradstreet report. F+G you up for that?

FYI, Since my company makes parts for aircraft, even though putting cameras in the ****pit is in the news new parts on planes takes years, especially if the FAA is involved.

Not a fast sale by any means.

It would really depend on who the Purchase Order is to as to if SEVU would give a percentage to LT. If the PO was through LT then it would be at their marked up price, if the PO went direct to SEVU LT should have had a signed non compete agreement. Something tells me LT did not have that type of agreement (very stupid) and now potential customers can go direct, pay a lower price and cut out the middle man.

Good business on SEVU's part but probably PO'd LT.

IMO

I think dk76 has said it numerous times, in many different ways but IMO an Entrepeneur will provide the vision and ideas but I still beleive strongly SEVU needs and strong COO and CFO for success. I am concerned that the COO has not been more visable and the "final candidate" for CFO has not been annouced. AN Entrepenuer needs a good foundation to make things happen.

IMO

The pessimist in me wants to ask why if this for SEVU the McBride name and not SEVU? And through that link do you get everything McBride has to offer or is it just a listing?

Still more questions then answers...

I agree totally, my impression is that they did not anticipate or forecast the demand and got caught. Now their supply pipeline is running to get caught up. If the demand is what it appears to be the supply chain will take many months up to 1 year to fill up.

Very normal occurance for the ramping up of a new product, especially when it would appear the product design was not 100% stable when sales were coming in, remember the "quality" issues Rich mentioned.

This is not a bad problem to have but it can strain customer confidence.

IMO

IMO, I would venture to guess that they are procurring the majority of their components from "off shore". In a typical operation that jumps from hundreds of units to thousands of units supply problems occur, at a rapid rate.

I am glad to see a COO on board because he is the guy that is going to make us the money. If he can secure long term contracts for the parts needed at a lower cost because of volume profit by definition goes up!

That is why I was disappointed in the COO's PR comments about meeting and greeting customers, not that he shouldn't but I want to hear that he is working on lowering the Cost of Goods Sold and making sure we have a uninteruped supply chain.

Bull, you had asked for comments about us helping in the supply chain, considering the specifications and such needed for this high tech type of equipment we are not the answer, IMO the COO is the key to any supply issues that they may be experiencing.

I will do my best to give an accurate picture of what production should be for SecureView.

First I need to estblish the fact that SEVU is not a MFG company, they are not making any of their on components, IMO.

Ok, to produce SecureView there are probably 10 (est.) components, the housing, screw cap for the end, the optics, 2 or 3 circut boards, power supply and some mother board or some kind that connects everything.

I would guess an Assembly house would mount the mother board in the housing, load the circut boards, optics, and power supply. There would probably be some sodering involved and then vacuum load the screw end to keep out moisture and test the system. Load in a box and ship.

With premade components total assembly time in a normal assembly house I would venture to guess 3 to 5 minutes.

IMO