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Hopefully you are wrong but looking like it.
How disappointing.
Thanks for sharing!
Can you share the letter with us? very interesting. You think they would post a letter to shareholders in a press release.... wth.
Criminal.
I guess that means they are not cash flow positive in Q4 as stated on numerous other occasions. I feel they are no closer to any sort of contract than they were 3 years ago.
Are we not looking for the clearance for the Composite Interbody Spinal Device?
I did not see this cleared by FDA unless I am missing something.
LMAO!!
I told one of my partners today.... I said I left the call feeling like we are all going to make a million bucks off this in a year.....
He just keeps repeating the SOS and we all keep buying it. I need to go read the seeking alpha articles again to bring me back to reality....
If this hits $1.50 or $1.75, there will be another short seeking alpha article in 5...4....3....2...1.................
Brutal....
They are trying.... Just nothing there.... Disappointing to say the least. I figured their new software would do something but nothing optimistic on it in the PR....
I've been in this for YEARS. I can't even recall when but my guess is 10 years....
I have a sizable position and been waiting for this to take off and it never has. Right now it's just a sit and forget for me.
Thanks. I followed their website but not linkedin.
I've been in this for YEARS and a sizable position. I always have a false hope this is going to pop. I do not understand why they have not been able to gain any traction. You think, social media marketing, FORTUNE 100 clients, hot sector, etc, etc, etc, but not much doing...
Where do you see hiring has increased substantially?
I think this quarter will be a bust. Nothing to report besides some BS partnerships producing zero revenue. Miller just needs to copy and paste the past 4 years into this earnings release. I think the stock will move lower as subs is suggesting......
With that said, all the reading & research I have done, I do believe that the market is in the process of accepting bio-metrics in lieu of passwords. 1-2 years ago, I was not convinced that there would be market wide acceptance; I now do believe that acceptance is now here....
stock may drop to 50 cents...
joke...
Well, at least we know the lights are still on...
Actually, the video was surprisingly good. I still believe in the market and product. Makes me want to go and buy 20,000 more shares.
However, given I was suckered into 250,000 shares, so I am just holding for now....
February was a dud.
January was a dud....
These guys are unbelievable and the short articles were correct.
I read the PR and the Earnings Release the same way you did: they contradict each other....
The Corporate Update provided no update. I expect the stock to tank again.
They are back hiring.... Last qtr that had one open position listed now they have a half dozen... Can't read too much into it but better than nothing....
I will Jim, I will....
This is a disaster... Will have nice tax write off next year...
Very disappointing to say the least.... They had nice momentum a couple of years ago with Walmart touting Social Media etc...... I noticed a couple of months ago that all their open positions had been removed from website and team was much smaller than previous 6 months...
The problem is that they need to build their sales and they do not have an answer.... Been declining in sales quite a bit and now seems like they have ceased... In the Social Media world today, you would have thought that mgmt would have been able to execute on the opportunity. Unfortunately, they have gone the opposite direction....
GLTA.
This is a disaster... Will have nice tax write off next year...
Very disappointing to say the least.... They had nice momentum a couple of years ago with Walmart touting Social Media etc...... I noticed a couple of months ago that all their open positions had been removed from website and team was much smaller than previous 6 months...
The problem is that they need to build their sales and they do not have an answer.... Been declining in sales quite a bit and now seems like they have ceased... In the Social Media world today, you would have thought that mgmt would have been able to execute on the opportunity. Unfortunately, they have gone the opposite direction....
GLTA.
This is a disaster... Will have nice tax write off next year...
Very disappointing to say the least.... They had nice momentum a couple of years ago with Walmart touting Social Media etc...... I noticed a couple of months ago that all their open positions had been removed from website and team was much smaller than previous 6 months...
The problem is that they need to build their sales and they do not have an answer.... Been declining in sales quite a bit and now seems like they have ceased... In the Social Media world today, you would have thought that mgmt would have been able to execute on the opportunity. Unfortunately, they have gone the opposite direction....
GLTA.
I haven't read the transcript yet... I listened to the call....
But I liked commentary such as "there has been an overwhelming demand RECENTLY" and "Deals will come from places you wouldn't think and will come from names you haven't heard and names that are well known"
This thing is about to get rocking.... Got to give it 12 months.
Their Q4 is calendar Q4 (ending Dec 31) but their conf call typically isn't until March to deliver the results. So Miller can do his magic if they miss Q4 and easily prolong it into Q1 since they are are reporting in March.
I can read japanese. States they signed a $15MM+++ in biometric space...
They never came forward with any type of cash flow guidance until last quarter when they stated they would be cash flow +++ in Q4.
They confirmed their guidance this quarter and still believe they will be cash flow positive in Q4....
From the surface, yes, no real revenues yet, still a lot of hot air, but they are providing guidance and it's put up or shut up at this point.
They did however, buy time until March 2016 when they release Q4 #s... So could be same song and dance in March ....
Agreed.... These are big time players... It may be wishful thinking (as it has been for the past few years) but I agree that $5-$10/share will become a reality in 12 months...
After 4 years, my optimism was waning.... However, w/ Lockheed and a few other developments, it is starting to peak again.....
It appears that the corner is in sight. However, once we get some actual $$$ into IWSY and are break even is the point where we have turned the corner....
The amount of contracts and major corps selling their product, sky is the limit.... Sky is the limit....Margins will be insane....
In addition, remember that
NASDAQ+REVENUES=INSTITUTIONAL $$
Add on the fact that there is no debt....
Thanks for sharing.... Interesting......
I am very interested in the Nov conf call.... I think it will take another few months to show real progress...
We shall see....
I am heavy in IWSY but I have been adding over the past week. Stock hasn't moved much w/ the Lockheed Martin agreement. I can see why (no revenues to date on deals, many pilots are still in test phase, etc.)
I think it will be in a breakout period over next 6 months. Maybe not this qtr, but as the Company trends towards break even and profitability it will increase steadily. Right now, no one has trust or confidence that the Company will deliver and when/if they bring products and revenue online, stock will move nicely.
My thought is that I have been in IWSY for a few years with a basis of just under $1.00. I've waited this long, why not hold for another year. If it drops, it drops and I am ready to live with it, but if it goes, I think the upside is significant in a very short time period. I know it's a great investing strategy... lol.
I'm very surprised (pleasantly) on how it's held up.... Zero news, zero contracts, zero revenue........ Me thinks that something is brewing....
This is the bet that I am making....
That was as bad as a report that it could be. I wasn't expecting that. ouch!
I did too. I think it is somehow linked if you go to LVWD's website.
That contract w/ Hazlett's group reads such that they are lining their own pockets. Joke.
CEO uses the company to promote his own book. Wonder what LVWD got for that free advertising for his book?
PR was weak at best. They hired Hazlett's company at $13k per month!!! HaZlett is on the board which is a joke.
Hire his PR firm and it cost $40k a qtr to put out that piece of garbage of a PR. Would have rather seen that $$ stay with the company, lol.
Revenues up $600 from $3.3MM in Q3 to $3.9MM in Q4. Deferred revenue decreased quite a bit which has me a little concerned because they didn't mention backlog at all..... You would think if contracts were being signed, deferred revenue would increase?
per last CC, the German Health Care is no longer a pilot and all hurdles are cleared and the deal is "imminent"..........
problem is that even if they announce something, miller has no credibility and it will be discounted by the mkt.........
i am tired of hoping . it's old, i'm tired and worn out on this.
fujitsu
deutsche telecom
european healthcare
ca
major retailer
transunion
deutsche bahn
ibm
major financial institution
i'm probably miss a few......
and today we stand with zero revenue recorded from anything above.
miller is a joke. even if something comes to fruition, he has established a history of false disclosures.
Deceitful Liars.......
Less than 60 days ago Miller stated that IWSY was increasing line of credit but no need for add'l offerings.... Well, they filed an S-3 today...
In addition, they only list the one contract from June in the S-3.. Looks like the freakin national retailer fell through... wtf...
Recent Contracts
On June 27, 2014, the Company announced that it was selected to implement a multi-modal biometric driver license system for the State of Baja California, Mexico. The contract was awarded by the Funciones Ocupacionales Insha, S.A. de C.V., the prime contractor on the project. The contract is valued at more than $1.0 million and its software will help generate more than one million driver licenses over the next three years. The Company anticipates that it will receive one-time license fees for its software upon delivery, and ongoing payments for its professional services and maintenance as delivered. The Company will help to deploy the system at governmental offices in the largest cities in the state, including Tijuana, Mexicali, Tecate and Rosarito, as well as implement mobile stations through the state. The project began in the third quarter of 2014.