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LAPD, LASD, probation staff.
Important insights. LAPD, LASD, and probation staff. See highlights below. Very positive recommendations for WRTC.
http://www.grandjury.co.la.ca.us/pdf/2019-20%20Los%20Angeles%20County%20Civil%20Grand%20Jury%20Final%20Report.pdf
The Los Angeles County Civil Grand Jury (Jury) has three areas of responsibility: 1) to provide civilian oversight of the governmental agencies within Los Angeles County (County), 2) to inspect jails and juvenile detention centers within the County, and 3) to investigate complaints made by individuals in the County. The Jury does not mandate;
it makes recommendations. This report is the result of our investigations from July 1, 2019 to June 30, 2020.
Some quotes:
"BolaWrap 100 is the newest introduction of a non-lethal device. The LAPD has been working with the Las Vegas-based company, Wrap Technologies, for a year to modify the devices to add lasers and change the color to green to signify it is a non-lethal device. The LAPD lasers are also green. The BolaWrap 100 is an alternative nonlethal device, it is not the answer for all incidents."
"The LAPD is currently training officers in the use of the BolaWrap for testing in the law enforcement environment."
"Probation staff stressed the need for more tailored training opportunities to prepare them to perform their jobs without OC spray. Staff believes that the use of OC spray acts as a deterrent. An alternative would be the use of a device now being tested in Los Angeles Police Department training facilities: the BolaWrap 100.This would be a less harmful method to control and restrain the juveniles involved in an altercation."
Recommendations:
"LASD follow the lead of the LAPD and implement the use of the BolaWrap
100 restrain technology"
"Since OC spray is being phased out, Probation should investigate the use of BolaWrap which enables officers to restrain resisting subjects during juvenile altercation from a distance without using bodily force."
I'm looking for 10 today or tomorrow.
Just imagine when LAPD or NYPD comes through....
We break and close above 8 on this kind of volume we go higher. Perhaps re-test of 8 as support later on, but for now let's enjoy this move up.
And we are off. Great consolidation in this range for last couple of weeks. Previous high now broken with volume. This will be interesting to follow. Hoping for a strong close.
That data is persistent with Nasdaq data. Total shares outstanding is 30m. Float 10m. Shares short have been increasing from 25k early 2019 to ca 2m end 2019.
Someone getting squeezed right now!
Can you share link to that reported short number? Tia
Break 8 and we are off to the races.... if sustained momentum sets in here, coupled with a nice news announcement, then we could see double digits very soon.
Perhaps purely technical... volume high on a day with no big news. But then again, unusually high..... not bad on such a move up. Positions being taken.
Cant be reason for move
Financials out
Thanks. Hard to find much info on Evolv as company is private. Backing from some deep pocketed investors and have had noticable contract wins. Wondering if anyone has ever heard Cronin talk about these guys and how their tech compares to Pat1? CMR only or do they also have full suite...
Can a person with knowledge on the matter elaborate on differences / similarities between Evolv and Pat? Just a few key observations. Many thanks
Can a person with knowledge on the matter elaborate on differences / similarities between Evolv and Pat? Just a few key observations. Many thanks
Very interesting, thanks for sharing.
Eager to get some kind of update from mgmt soon.
I have a feeling you'll be able to fill sub 1.70 in the coming few weeks.
Well played sir. I got 2.28 avg.
Took somoe off the table. But would like to see more. This is fun.
Unusual volume... Hoping for more than this
You've spotted any LBIX activity on social media / stock forums like last time?
Let us get past 2.25 and this could make a similar move as last time. But might be worth selling some at 2.20ish.
This time I am waiting with a finger on the trigger.
Did you sell any on today's move? I didn't.... and I'm kicking myself for it right now.
But it surely has gotten the attention of a few technical traders. Broke through 200ma after bouncing off the 50ma. Break 2.20 and 2.40 is next 'test'.
If we cant win on the business case / products, I dont mind getting some help from the technicals;)
Interest in specialty drinks on the rise... an interesting read on Vita Coco from Bloomberg:
Takes no volume to move this thing. But welcome any buying interest, however small.
A one hit wonder
Just get high on HW and before you know it is reporting season again;)
How was that second batch. Same effect?
Don't need world domination.... all I need is MV for cash and then some for existing business.
What's your position here? I'm patiently waiting for next q numbers. Hope to see stabilised margins and sales with some meaningful update on Happy Water. If not, I'll take my small position and call it a day.
Hahaha.... amazing reviews. And end result is two more cases coming your way... this might stand a chance!
I'm in Europe so no distribution here. But will make sure to try some when over for business during March.
Any retail presence in the US or online only?
Haha! Spoot on, which is also why this segment prob will turn out way too competitive for LBIX. But then again, if FIZZ can then why not??
Can only laugh at this:
"Management continues to assess its ongoing business plan with a view to providing all shareholders with the best opportunity to maximize shareholder value".
But at least we are green;)
You'll have to stick around for Q4 numbers for the 'pop'. Cash on BS and now write-offs / minimal margin compressions.
Btw, do update the board on your happy water experience.
But there's value here... it's a waiting game.
On the metrics you mention there should be a floor not too far from current pps. Slow accumulation on down days seems sensible.
But what beats me is mgmt utter incompetence when it comes to promoting / representing this stock. Why don't they headline the anticipated cash at hand number and then move on to the write downs and margin compression. Easier to digest if you know mcap is covered by cash.
Afraid market will not look at anticipated cash at hand and focus on write downs and lower margins. It's an amateur stock.
What's your sense in terms of direction tomorrow? This was worse than I expected.
Nope, they are not. How much in sales and profit did Elite make from their generics in the latest financial year? Now apply your shaky understanding of PE or Price to Sales... doesn't get you anywhere near 120m mcap. Next!
Same. Sat at 15 and didnt get filled.
At 0.15. NH has lost 18.6m. He's not buying lunch today.
MickyD chump change...