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Your comment may be premature and it wasn't PWLX that defaulted (if it turns out that way) but UGC. Given, not good news for the S/P but at this point in time the contract is not proven to be dead. Time will tell.
A couple tidbits; one is they have moved and a hedge fund manager has bought 14.3 million shares..Interesting
fat,
I agree with you. It appears that if they can nail down another decent contract or two this stock should move substantially. Hopefully they can make the CE Show profitable and being with ADI give them some crediability.
bac
Print,
thanks for pointing out what we all know...duh!!1
bac
Print,
think that's bad, look at ONT and then check what their shares are going for. PWLX is a big buy!!
bac
Print,
thanks for telling us about them, like we really care!!
bac
Print,
I agree with you, they aren't paid enough. Thanks for the headsup.
bac
OT:
Anyone else who has been posting to RB having problems getting onto the SEVU board?? I logged on and the historical messages were gone. Appreciate any information on whats going on with them.
Thanks, bac
taco,
economy has improved, production is lower and they are shipping, the bulb is being sold, revenues are improved 5 quarters in a row, PLVS is being sold through resellers and appears to become an inexpensive way to retrofit existing trailers for rear and side monitors, new R&D for other applications are being developed, stock price finally up from 6 months ago, current management team restructure existing financial mess company was in under Rich and is moving forward, addition of competent board of director members with appropriate backgrounds and they have refocused their direction to what I believe is the future of the company and that is the PLVS.
Would I like a $10.00 stock price, you betch ya and I believe they are knocking on the door for something to happen; what that is I am not sure but IMHO this company is light years better off than it was in the days of Rich.
Companies just don't start flying right away and to come by a potential diamond in the rough that will make a $hit pot full of money for everyone is worth waiting for. That's what I think.
bac
DD,
It appears that ever since the company has cleaned up on the old business (short on cash, lawsuits, etc), started laying a good business foundation, improved and expanded the management team, started up their R&D, improved the production capabilites, improved sales that they are in position be able to get their core business and deliver quality product in quantity which is a capability I believe they never had before. While I would like to see a better stock price now I feel that the position the company is in now will allow them to grow exponentially as the demand for their products take off starting with their truck products.
Where will it peak? Who knows but IMO this company just feels ready to go especially if their PLVS breaks out which it appears to be their "bread and butter" product. But this MO.
bac
Moron,
Generally there is a "net 30" with a lot of billings, second I don't see them going to order to fill the warehouse as they should be ordering to ship and lastly while not a "household name" yet they have had some of their products in the marketplace for some time so I don't see them as "unproven". I think the lack of ability to fill large orders has had some restriction on them and hopefully that has be resolved.
It appears by their action they are employing a solid marketing plan in conjunction with expanding the uses of their PLV systems in the transportation industry which I believe could be their (and our) strongest area of opportunity. JMO.
bac
Mad, The point I make is that if we don't sell them the Chinese won't be making them and no make=no money..that's all.
Bac
Mad,
If it's good for them (Chinese) then it must be good for us.eom
Bac
Anyone have an opinion on the payment structure for the deal with the Tyman Group. I visited their website and copied the following from it:
One example of advancement by Tyman Group in the mobile vision industry is taking place via the utilization of proprietary "near-wireless" high-speed video signal Power-Line-Carrier (PLC) technologies for DC mobile applications, as well as integrated camera designs for vehicles. Tyman Group is the first to introduce with commercial success near-wireless mobile vision to the trucking transportation industry via its IVS PLComm® product. By populating the vehicle's existing 12 VDC circuitry via carrier-line transmission signaling, near-wireless mobile vision eliminates the need for the typical "co-ax" video and power cabling within mainstay vision solutions, thus simplifying overall installation, maintenance and troubleshooting on mobile vehicles. Compatibility with any standard mobile vision brand is achievable, thus improving overall sourcing and inventory management for the end-user.
I have two curiosities about the payment from them; one is do we "sell" them the "decoders", the hardware that codes and decodes the images transmitted and second, do we receive some "royality" for the technology? Anyone like to venture a guess?
I do find it positive to see our products actively being marketed in an area of great potential.
JMHO, Bac
bb,
They'll get a bank loan when it appears that they won't be sinking. Hopefully the 2nd quarter results will support that.
Bac
bBizz,
And don't you know that George, Doug and Myles want this stock at a couple of bucks...or more; you betcha baby.... jmho
Bac
They have filed an extension which is good for 30 days I believe.
Bac
dDan,
One could suspect that finally after the last six months to a years of plodding causiously forward SEVU might have finished developing a solid foundation from which (hopefully) positive cash flow and profits may come. IMHO, of course, it appears that with the lowering of the retail/production costs and (according to posts that I have read) a product that appears to be working good (limited returns etc) that increased production may come to fruitation. If so my hat's off to the SEVU Team for their diligence and good work. But.... we will see.
Bac
Moron,
No doubt Harvard would have been a better choice but what the heck you can't beat the cost and who knows maybe the "Team" will pick up some useful information? I am looking forward to the 1st quarter report and hopefully improved cash flow then maybe they can get some meanful marketing going. MHO.
Bac
MadHat,
I can see where one might track current management together with the old. But some credit should be given to current management for trying to dig out of the hole Rich stuck them and especially with the little assets to work with. How long has Rich been gone? While their stock is not running through the roof they have been building some foundation from which to move forward. I give them some credit as they are not working for a lot of salary but for some stock incentives. I too am hesitative about them but believe they are showing some creditability where none existed before. For that I will exercise some posture and allow them to continue and hope that they will succeed.
JMHO, Bac
DD,
At these prices he is not the only one buying.
With all the crime that is surrounding us in out everyday life it is amazing that these SecureView Systems aren't selling like hot cakes. Just look at the recent number of kidnappings. Not that a security system will prevent them but they could provide some helpful information to the authorities if people in neighborhoods have them installed outside their homes. In MHO it has to happen soon just a matter of when.
Bac
Anyone:
Does anyone know when the first quarter operating results are due out? Thanks in advance.
Bac
DMWG,
Thanks for sharing. It's nice to see information about the company that is informative. Well appreciated.
Bac
Allthat,
Whyisthat?
Thanks, Bac
Dan,
I have to say that if I were to try and picture what F&G looked like I think that photo fits to a tee. And all the rest of the stuff as well.
Bac
F&Y
Is there nexus between SEVU, Dan and your posted article? If so please tell us what that is. Otherwise I, for one, believe you owe Dan (and SEVU) a big apology.
Bac
Dan,
I know that you and your team uses the Seaview products but how does it match up to other products that are on the market being used by other dive rescue teams? Is there an national affilation that you guys belong to? That share information, stories and equipment recommendations?
Thanks, Bac
Mor,
definitely goes with this territory....and please don't make any investments by what you read here.
Bac
Dan,
Broker did his job and now he is gone......
JMHO,
Bac
Broker,
Why would someone spend $60K for (secret) company information, want to buy more of the company stock (while it's cheap) but then gets on some stock talk thread (like this one) and blabs to everyone about what wonderful things you know (supposely) are going to happen to the company in the near future.......no compute amigo.....the stage coach has left the station.
Bac
Shamus,
All I am saying is that you provided them the ability to answer with the no reply option. I suspect it might have been more conclusive if you insisted that they reply, then a no reply would obviously been a negative.
Bac
Shamus,
It seems to me that you got your answer based on your previous post to the company.
Bac
Dan,
maybe a side issue to your question but check this out:
http://insiders.marketwatch.com/tools/quotes/insiders.asp?search=sevu&searchtype=ticker&site...
Things are looking up for George?
Bac
Dan,
One would think in today environment these types of security camers would be selling like "hotcakes". I hope the company is taking advantage of providing customers a security system that is up and running the day they receive it and for a reasonable price. It's plainly what I see in this company.
Bac
Dan,
It is "HIS" conceit or the "Mommy why aren't the kids paying attention to me?" syndrome that drives "HIM". In either case "HE" appears uncurable (mainly because "HE" can't see beyond "HIS" nose.
I don't know about you but "HE" is getting to be kind of intertaining and creative in the manner by which "HE" soothsays events as they occur. I am still waiting for him dig up a previous post where he predicted Rich's passing.
JMHO, Bac
F&G,
You are boring..... Dan is right, file your suit, fight the the fight in court and give us all a big break and go away. It's been months now since you "switched" and we are all just bore with a 31 year old who's did something with a boat, says he well off but spends his waking hours grubbing around a fifty cent stock like he spent his last dime on it, brags that he own's more SEVU stock than God (but not Rich), likes saving us from this terrible company's management and if the truth be known is probably just Rich's son. JMHO. Seriously get a grip and a life.
Bac
F&G,
Seriously, you are looking pretty pathetic with your latest posting. I think and everyone thinks it time for you to go bye bye. Please don't waste anymore of our time.
Rich,
As a show of "good faith" why don't you see that the PP is available to your faithful supporters on this thread. Surely this shouldn't cause you too much inconvenience and it can be called "spreading the wealth". In advance thanks, Bac
F&G,
Have you received a camera without paying for it? If so why have you not paid?
Thanks (in advance) for a straight forward honest answer.
Bac
F&G,
Don't make things complicated, if you don't like McBride and the company sell and take a hike. It's a simple thing. You were a provider of worthwhile information a while ago but now you sound like sour grapes and it's boring. McBride has been recorded as being a creator of lucy goosy stuff and everyone knows about it. IT'S OLD NEWS!!! IMO the longs only care about what the progress of the company is doing now and not rehashing the old stuff over and over and over.
So please stop boring us with your own agenda and let's move on. If McBride f#@Ks us then it our own problem. Consider your efforts of informing us poor investors of information about what McBride has done; you conscience is clear, you have done your job (????). Please go away!!! Or go back to your (supportive) ways
Thanks, Bac