Nice bounce yesterday, the rest of the week will be interesting, hoping for an attack of the 0.30 USD.

Stop talking nonsense.

At 05.02.16 I had explained you that we have to wait until end of march for the Q4 numbers.

No chance to see the numbers now or next week.

I guess you are wrong.

Vuzix has got 90 days to report their q4 numbers in the annual report, so deadline is 31.03.16.
If needed they could apply for extension.

When you take a look in the record when they reported in the past, it is likely we have to wait until end of march to get the numbers.

Date annual reports:

03/31/10
03/31/11
04/16/12
03/19/13
04/09/14
03/31/15

Yes, the numbers are amazing.

And if we bear in mind that the new business model just getting started and will continuously enlarged in the next weeks the future looks pretty good. And I also be sure that mCig is now getting some more shareholder confidence as they are keeping their promises.

This is no pumping fluff pony show, mCig is a reals company with real revenues, no toxic dilution, hard to find in OTC land.

Could be possible that we have here a real hidden diamond in the crap of Pump and Dumps!

As we saw the last days a big upmove at vtcq, I´m asking myself when we will see such action at mcig?!

For me, such a big upmove is imminent here as well.

With some strong days 0,10 USD could be reached very easily.

@Moderator: Sundancer-CH

Last Update of the iBox was nearly one year ago at 14.12.14.
In the meantime, Vuzix has make some serious progress, I would appreciate if we could see an actual Status of the company in the ibox to inform new investors correctly.

Who is in charge of this? You, the moderator?

Thanks for information!

How could you tell me I´m wrong?
I only value the facts and they are very poor.

Sure, there is a lot going on behind the scenes, as the company is acting only behind the scenes and give no information to their shareholders.

If you get insider information, then be happy and make your profit, but thats surely not the behaviour of a puplic traded company.

A buyout by Altria? What a joke!

There is no reason for Altria to buy Vitacig...
as Vitacig US is having no market share, revenues are decreasing, there is no business plan, no strategy, nothing!

A shame, as the product has potential to be successful, as you can see in overseas.

As Vitacig is a very small company, the company rise and fall with the people who run the company. And if we have a look at the people who run Vitacig US, we have to be scared how bad a company can be driven.
Look at Al Santos, this guy is joke, he have no proven skills in running a company, hes a wannabe business man, he could be a nice vitaboy for sure and make some advertising for the company, but he is definitively no CEO!

I hope we will see a CEO with skills in the future, otherwise this company is done....


And if the spike yesterday was only caused by a buyout rumor, you could see the SP collapse today as the rumor is BS.

WOW, what a nice suprise.

Q3 earnings are far better than expected.

Vuzix beat expected revenues about 39 % (expected 700.000 - 970.379), revenue increase YOY about 38 % and q3 to q2 about 125%!

Outlook is very bullish from Vuzix and with the recent announcement of 3 new devices which are winner of 8 CES awards the next future looks bright for V

Do you live on Mars?

Vuzix will show 3 new devices at CES, win 8 awards.

This ver very good, best thing I have seen frim vuzix in the past years.

Really? Sounds great, but I´m not aware of this.
Any proof for your statement?

Looks like MCIG is done so far, even the reorganisation of the company which Rosenberg had announced, the increase of the revenue in the last quarters, neither the guidance he published is stopping the bleeding, which is now happening since over a year.
And it was a long and painful way from 0,95 USD till 0,27 USD.

I think Rosenberg is done, be is burned, he have to realize that he is not able to run a company like MCIG.
I would highly appreciate if he steps down to be the CEO of this company.

MCIG has lost too much creditbility, I don´t think with this CEO the company can win it back.

I hope that he start to realize that!

As apple will launch his smart watch today, worth a read.
Please note that Vuzix is partnering with salesforce which is mentioned as well.

insert-text-here

Wow, very big news yesterday and very high trading volume.
We should be in the spot right now.

As real big revenues are coming in we should see a much more higher shareprice.
Missing revenues was a big issue in the last time and now we get them, so for me there is no barrier to keep the sp down.

Hope we will break 0,20 USD in the first step and take this price as a new support.

If you follow Mcig and Vitacig for some time, you will know there is a lot more in the pipeline.

The next days will show if this was only a short pop up or if we could build a serious uptrend, very exiting times.

insert-text-here

Nice review of the V720.

And look down what Dan Cuis statement regarding this review is.

JC, thank you for a very positive review of our IWear 720. Regarding your "smart glasses" comments, I would like to say that Vuzix position is extremely bullish on this growing market segment. We see strong growth and rapidly expanding usage of smart glass technology throughout enterprise, medical and prosumer markets, and I'm sure that these significant opportunities are the reason why Google is preparing a second version of Glass. Vuzix will continue to improve and expand upon its smart glass product offering for these market segments as well. The IWear 720 simply represents a new and innovative addition to that portfolio that fills a growing opportunity in the consumer space. Dan Cui, VP Sales/Business Development, Vuzix Corp.

I´m pretty sure, if your waiting until big profits are shown in the earnings of the companies of the sector or of vuzix you will miss the rise in the sp.

Take a look at the hype cycle model from gartner.
The big rise in the sp comes before the big revenues will come into the books.

Thanks!

Good to have some more long term investors here on this board like you.

I´m asking myself which event would set the sector on fire?

Any thoughts?

I´m now invested in Vuzix for more than 3 years and I have been watching the company and the sector AR/VR and wearables very closely in this time, not an expert on the technical side, but I learned a lot in this time and know the backround, the players and the market.
As I can say, the sector is getting more and more attention as some big players are entering the business: see investment from Intel in Vuzix, see the Hololens from Microsoft, see new HTC VR Headset, see new smartglass from Sony and last but not least see Apples new Smartwatch, which will be hit the market in march.

Oh sorry, I forget Google Glass, which are still in the race, will come back later and much stronger I think,

As a provident investor the time is now to start buying stock of the most promising players, do your DD and I´m sure you will find Vuzix.

Remember to cycle of stock performance of o new market, at some point we hype will come in play, if that happen it could be very nice to sit back and watch and not to run after the stocks.

With the new V720 IWear Vuzix has created e new revenue stream for the company.

Customers will be gamers, movie enthusiasts and people which are interested in the newest tech stuff.
The V720 is nearly compatible to everything, take a look: www.vuzix.com/V720/

As these people are not industrial customers which need to test and run pilot programs until they could place volume orders and invent new devices, like we have seen it with the M100, by the way, as the M100 is now on market since nearly 1,5 year, some of these pilot programs are finished successfully (see DHL for instance: 25% ROI!) and we are close to get the first volume orders from big customers.

So revenue for the V720 will come very fast to Vuzix, my guess with the release of new NVIDIA Shield in may, Vuzix will release in may as well.

Very big step forward for the company!

I went in at 0,70 USD last year for a quick trade, missed the exit and nearly lost complete value (book-lost).
I have averaged down to 0,30 USD, I hope I will get back in the green till end of month, maybe hold long term then, as it looks like there is a lot of hidden value in NII.
Very strong action in the last weeks, something brewing!

Action of SP yesterday was once more quite disappointing.
News was good, trading volume was fine too, and until mid day it looks like we could bank some serious gains, but at the end we have nothing.

Don´t get me wrong, I´m long, shareholder since one year and planned to stay an additional year, but the action of the SP does not reflect the reality of MCIG, I am wondering what we need to break the uptrend an start a reversal?

On a technical basis, I´m sure we have to break 0,20 USD to move higher, but this would be the easiest part I think if the stock finally would start moving, something is blocking right now.

Until the block is removed I think we will see more disappointing in the SP, unfortunately.

Well, so from Intradayhigh on friday at 7,40 $ we now lost in 3 tradingdays nearly 20 %, to be honest I was guesssing we are now breaking the 7 $ instead of the pullback to 6 $.

I think it´s difficult to find a "reason" for the pullback, I hope it´s taking a breath for the next climb in the chart to reach double digits. Risk on the downside should be limited with Intelinvestment for 5 USD.

So I will hold my shares, as it is my believing that the future for Vuzix looks bright and we will see much higher valuation of the company within the next years.

Hope to see the the sp tourning round today.

Sorry, but your argumentation is totally wrong!

MCIG is no longer offering a $20 vape pen, should be right.
If they are selling something of this new products have to be proven in the next earnings report.

"virtually guaranteed" we will see.
Unfortunately I heard such blablabla to often to believe it.

Hope your are right

Yes, this guy is such an idiot...I would like to see him tarred feathered!

It´s pitty that we are not living in the middle ages!

Sure I realise this, but stock valuations of the Pot Stocks in first quarter 2013 was due to hype only, nothing fundamental.
And for me it does not look like that we are very a close to new hype.

I don´t think that we will see 0,90 USD in short time again.
To justify such a high valuation we need some serious revenue increase, which could be possible within the year.

insert-text-here

I agree, this argumentation is completely nonsense!
Trading at 0,90 USD was only due to hype in the Pot Stocks and it does not look like there will be hype in the near future again.

Anyway, MCIG and VTCQ are doing the right steps to build a solid business which should be generating higher revenues...I only be afraid it will take some time to see this revenues in the reported figures.

Long term we could have a winner here, the key for me will be the uplist to NASDAQ or NSYE.

I quit message board at Wallstreet online and hope to find a save heaven here on Ihub, where the massage board is free of Manic Maik from Germany.

I hope some members from WO will follow, as board from WO is unfortunately is no longer usefull.

Very interesting article about the upcoming waveguide glasses from Vuzix, outlook was given by Paul Travers at the asia trip end of july.
Source is a chinse website, therefore the bumby translation.

Articel was initially posted in german stock forum.

https://translate.google.de/translate?hl=de&sl=zh-CN&tl=en&u=http%3A%2F%2Flaoyaoba.com%2Fss6%2Fhtml%2F76%2Fn-507676.html&sandbox=1

I hope the presentation will be available in time, if I remember right, the last investor conferences, the presentations come up some days later.

This presentation could be very interessting, as this is first one after the lenovo deal.

And by the way, whats up with lenovo?

When we will get a PR that show that the M100 is in sales in china?
And I´m not talking of any numbers, only to state that the sales are starting officialy.It would be very interesting to see the sp when such PR is hitting the floor.

Good post MD. As you have shown in your post there are a lot of comming improvements, sales drivers and catalysts in the future.
But I thnik the only way to stop the bleeding right now are hardly figures, which hopefully should be shown in the q10 shortly.

Based on the yeard end figures Mcig was totally overvalued, this was maybe a "reason" for the downgoing. Everybody with insight know the the backround about the only one month vitacig sales, without vapolution...but market dosen´t care. I assume the sp have to go down and the figures were very welcome.

And wtf was the timely listing on pink sheet?! This was very very stupid, this is not a proof of a serious company, this is unbelievable bad.

So, I hope the tide will turn, and we will start going up, I will hold my shares.

As we are now in september, we are close to start selling the M100 in china. Does anybody have a clue when the start will be?

Due to the start of the selling we hopefully see some nice PR from Lenovo and Vuzix.
After the chart is looking very nice now, this could take us a lot higher.

Yes, the sell from Sykes and his folks is probably the reason why we could not hold the 3 USD again. But we have to keep in mind that the sell has nothing to do with vuzix, these are traders, they trade nearly everthing, as they only hold the stocks a couple of days or even a couple hours.

So what will happen with the sp in the next days?
We are still above the 200 sma, if we could stay above this would be fine.
With starting the sales of the M100 next week in china, we hpefully getting a pr and some media attention, if so, we will have some days good days ahead.

Yes, even the chart is now looking good. More upside to come.
Everything is on track.

Hi Guys, I would appreciate if we could stay on topic.
Please do not respond to comments of Petra, as she/her/it is obivously a fake or whatever...

To come back to Vuzix, after one week with only green days or no price action, the sp move from 2,68 USD to 2,85 USD, now we have a red day with a lost of 1,75 % and sit now on 2,80 USD.
No doubt I would be happy if we could start slow moving with small gains every day. But who knows? Nobody, and I think Vuzix have his own behavior...as we can see at the ridicoulus market cap.

So at the moment there are no big news, but smart glasses are getting more and more attention and the big players are getting in posistion. With Vuzix we sit in the first class when this tech will be start ramping.

We are close to september, if I remeber right Vuzix and Lenovo will start selling the M100 in China, following a big campagne in october.
Futhermore we maybe see the release of the V720, which will was winner of the CES 2014, these videoheadphones are hot, as there a lot of posibilities in gaming or cinema home video, remeber what facebook has paid for occulus and apple has paid for Beats.
And last but not least we could see some hot stuff with the waveguide tech, the sun glass look a like smart glasses with Nokia, maybe the will show them on CES 2015?

So we definetly will have some interesting news in the comming weeks. Stay tuned and get vuzixed!

As english is not my mother language I maybe misunterstood something, sorry for that if so.

But for me it´s looks a little bit strange to say in the PR at 12th, we will release the 10K by 15th and later one day we get the 10K.

Does anybody have clue why Mcig alreday released the 10 K on 13th of august?

One day before they stated in the RP they will release on friday the 15th of august.

Filing Update

The company would like to update its shareholders that its form 10-K will be filed by Friday August 15, 2014 and its 30 page Annual Report will be published next week.

Ans whats about the 30 page annual report? Could be this will be released within friday!?

Very good summing as where we are at the moment.

I would like to add my personel thoughs about the situation.

Only to look at the intraday sp moving and the trading volume from yesterday, yesterday look nearly the same as the day facebook bought oculus.

But we have some big difference between the lenovo deal and the facebook/oculus deal. The facebook/oculus was mostly a sympathetic play, which show the hidden value in vuzix.
The lenovo deal will create a lot of revenue for vuzix in the future, they have a strong well known partner, which will be do the marketing for them and financing problems should be no longer a issue, so there will be a lot of countable benefit from this deal, which will be shown in the quarterly reports. So this is a long term winning for sure. So I now have no doubt, to keep in mind the upcoming catalyst in the near term future we are noe ready to start climbimbing.

To look at the sp once again, I think there are three main reason to have only a gain from 13 %.

1.) A lot of daytrader have bought at the start an flip for some nice intraday gains
2.) There are still a lot of warrants outstanding, so I think yesterday were a lot of settled
3.) We stuck in OTC, which is for a lot of people only woth a trade and not an invest

So essential for me to move higher will be to leave OTC, to be more attractiv for real investors, maybe some gig boys.
But with increasing the revenue and the business in the future I think we will the able to fill the criteria and uplist.

By the way I start investing at february 2012 in vuzix, so I have seen a lot here, but the future look never brighter as today.

A Marijuana ETF would be great, hope to see a large position of mCig into it, as mCig is one of the most legit so called Potstocks out there.

http://247wallst.com/investing/2014/07/22/what-a-marijuana-etf-would-look-like/