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Hello Monksdream, I remember back around 6 years ago when Obrien and the other moderator were telling how great AmpliTech was. I heard somewhere the other moderator was the CEO’s brother. But I do not know this for a fact. They said AmpliTech has the best LNA’s for Quantum. The best LNA for commercial aircraft satellite, the best for space. Just so many stories about how the AmpliTech products are the best in the world. I cannot remember all the BS. Well, if the products are really so good then why is AmpliTech doing so bad. The amplifiers look like something 30 years old. The competition’s products look like new innovations. You can simply compare and see this. Someone should investigate all of these, in my opinion false stories. And these stories keep coming to this day. Anyway, about 6 years ago AmpliTech was around a $1 Million dollar company. Maybe a little more. Then AmpliTech hires, I think it was the Maxim Group and hypes up all these let’s be kind and say exaggerated stories. Then AmpliTech raised twenty something million dollars. I think $24M. They were not even worth $1 Million in my opinion. The stock skyrockets up. So Obrien and the other moderator get rich on selling the stock based on let’s be kind again and say exaggerations. AmpliTech gets moved up from the OTC exchange to the NASDAQ. Maxim gets rich, the AmpliTech owners sell their options and get rich. And all the stockholders lose so much money. Both Advisors and I told everyone that this is all BS. We warned everyone these products are not good.
What is next? I do not know but my guess is they will run out of money very soon and must raise more.
AMPG keeps saying they have the best amplifiers. In a growth market AMPG’s sales are down by over 40%. Very few customers are buying AMPG amplifiers. This is a fact. Numbers don’t lie. This has nothing to do with digital currency. Their products look like 30-year-old amplifiers. AMPG just keeps adding more divisions and spending more money and sales keep going down. Losses keep increasing. Now they lost $3.25 Million in digital currency. The MMIC’s they are developing cost a lot of money which AMPG does not have. This spells real trouble.
Hi Mike, Fabless MMIC companies like AMPG are everywhere. They use design tools from a Taiwan Semiconductor foundry service. Most Everyone in microwave use the same foundry service in Taiwan. Then the performance is basically the same. There are too many of these MMICs available. These days it is difficult to be profitable because there are too many suppliers. Just telling you like it is.
Hello swanlinbar
At the end of the day what matters is net profit/net loss. 2022 shows a net loss. In fact, every year I have seen shows a net loss. If they did not raise money, my opinion is AmpliTech would have been bankrupt. If you want to discuss Gross Margin and Gross Profit. You also need to show Net Profit or Net Losses. The reality is this company is constantly losing money. If it wasn’t for Spectrum who they bought, they would really be losing a lot more money. The interesting thing is Spectrum looks to be a nice company. But they are a distributor, and this does not compliment AmpliTech. The packages they sell are not the packages needed for the MMIC’s being developed.
Here is an AmpliTech Q1 2023 report on Yahoo Finance. This is just the part about net loss. It looks like another net loss quarter.
Company reported loss of $619,000 for Q1 2023, attributable largely to a combination of corporate expenses, our continuing R&D efforts in development of new products, and a temporary downturn in sales within our Spectrum Division.
I wish you the best with this stock. It is just my opinion that this company has nothing good happening. I hope you are correct and make lot's of money.
There is nothing good with this company.
Hi Mike, I am sorry it took you this long to realize this is not a good company. I remember about 4 years ago when AMPG was on the OTC and Obrien and Eurotrade were talking up the stock. I believe they worked at AMPG or were connected to AMPG in some way. They were posting to get investors to buy stocks under what I believe are false claims. On 5G, Space, Quantum. You name it and they made the claims. Next thing the stock goes from $0.03 to $0.90 and they cash out and make great money. Probably got rich. Then AMPG goes to the NASDAQ raises many millions of dollars. The owners get rich on these false claims and the stock tanks. Yes, when I look at the products from a technical comparison there is just average products. Nothing special.
Did you mean their all of 2 MMIC Amps. Well if they put them in Spectrum expensive ceramic packages they cannot be competitive. You cannot put a low frequency Amp in an expensive ceramic package. This is common knowledge that everyone in the industry knows. They need to be in low cost plastic packages to be competitive.
Hi YoPro, You need to look at where the profit and the sales came from. It came from Spectrum. AMPG squeaked out a tiny profit of $3,625 thanks to Spectrum that they bought. This was the only successful accomplishment. Spectrum is the only profitable business. Spectrum is not a manufacturer. They are a distributor of lids and packages that come from Japan for a completely different industry. Old technology products that have been around for more than 30 years. No growth potential. They have nothing to do with LNA's, Amplifiers or anything to do with AMPG. I would think purchasing a distribution company that does not compliment AMPG is a big negative.
YoPro, If you think AMPG is a good company then I wish you the best of luck.
My expert technical opinion based on product performance AMPG will keep going down.
Who owns SN2N LLC? Why are the owners not listed anywhere?
https://www.sn2n.com/
AMPG is the boy that cried wolf too many times. They always say record backlog, record bookings, or anything to drive the stock up. Then they show their poor actual numbers that they cannot hide.
Shipments of $3.4M and a loss of $2.6M. When are the investors going to realize these press releases are just words.
Below is a link to the registrar that AMPG used for their ISO Certificate. There's lots of videos similar. AMPG choose this company. Seems shameful. AMPG comment on if this is a fake ISO certificate. Who picks a company like this. AMPG does.
https://www.bing.com/videos/search?q=daryl+guberman&ru=%2fvideos%2fsearch%3fq%3ddaryl%2520guberman%26qpvt%3ddaryl%2520guberman%26FORM%3dVDVVXX&qpvt=daryl+guberman&view=detail&mid=7CD2F152CE979CA8C39B7CD2F152CE979CA8C39B&&FORM=VDRVSR
Great question. AMPG tell us if your ISO certification is accredited or not?
What does an accredited ISO9001:2015 Certified mean?
When a company quotes a product they will state they are ISO9001:2015 certified. This means they have an accredited quality system to win contracts. Products are built to high quality standards. They can win awards with the US Government contracts and companies like Raytheon and ViaSat to name just a few.
If the ISO9001 certification is not real, everything they built is in question.
Hi Mike, I am not a competitor. I am not an ex-employee.
I am technical and I do not like what in my opinion are false claims being posted by AMPG.
Hi YoPro,I think to answer your comment. In the these last 3 years AMPG changed in a negative manner only caring about getting on NASDAQ. They hired too many employees for their size. They are in a difficult situation. Their products are not special.
Their ISO9001 Quality certificate looks to be fake. Please comment on this.
They they bought Spectrum that is a DISTRIBUTOR and NOT manufacturer. NO technology & NO IP. They sell to a different market. But AMPG needs to show a profit. So they moved down to being a distributor of lagging age technology in a completely different market. Nothing complimentary.
AMPG lost their identity.
Their new identity is a distributor of old technology.
I would think the acquisition of Spectrum is concerning.
My apology I meant 2018. Thanks for pointing out the typo.
2008 was a typo. Please know 2018 is the correction.
Everything I said is 100% the truth
Let's get to the the question.
Is AMPG using an unaccredited ISO9001 certificate?
It is a simple question and very important.
I am not surprised OBrien did well and made a lot of money. I believe he is connected to AMPG. He moderated this board. When all of the let's be nice and call them exaggerated press releases came out. He posted a lot of this. Exaggerated Press Releases that drove the stock prices way up. So he and many others could make a lot money.
Companies should tell the truth and be honest. AMPG has raised a lot of money based on these press release exaggerations. Which are still happening.
If AMPG did not raise the money I believe they would be out of business. They are on a record pace of losing money. So far a reported loss of $2.43 Million with 1 more quarter to report more losses this year.
Is the AMPG ISO9001 certificate is unaccredited or accredited? We should all want to know.
Industries like Defense and Space highly encourage their vendors have accredited ISO certificates. This certificate tells the customers their vendors have quality products. It does not mean every vendor has to be ISO certified. When a vendor is not certified, customers need to audit the vendor and approve them.
If a company somehow gets an unaccredited ISO9001 procedure. The customer would not know. This could be a vendor approval under false pretenses. Then if a product fails the vendor could be in trouble.
Here is just 1 example:
In 2007 AMPG posted this list of products. Claiming the best performance in the world. Which is still on their website. But they had no proper cryogenic test equipment to prove the performance.
https://d2f6h2rm95zg9t.cloudfront.net/99353527/Product_Guide_Cryogenic_Amplifiers_98082287.pdf
In March of 2018 AMP posted on Twitter: AmpliTech, Inc. on Twitter: "AMPG showcases premier cryogenic low noise amplifiers at APS March 2018 Meeting in L.A., CA. We are part of Watson Quantum Computer development effort with IBM. https://t.co/jCILVFfFty" / Twitter
These are the same LNA’s in the link above. You will notice they bought the test equipment in 2020.
How were they advertising products with test equipment that was purchased 3 years later?
AmpliTech Purchases 4K Cryogenic Cooler to Measure its new line of Cryogenic LNAs for Quantum Computing and Astronomy Research https://www.amplitechinc.com/news/amplitech-purchases-4k-cryogenic-cooler-to-measure-its-new-line-of-cryogenic-lnas-for-quantum-computing-and-astronomy-research
Now, go to the 50% off sale. Here are the cryogenic LNA on sale for up to 50% off. You can buy 9 pcs that were most likely returned for not working properly. Possibly from a customer like IBM? My guess is AMPG was removed as a vendor when the system did not work. Or they were never able to deliver the product to a customer they committed too.
https://www.amplitechinc.com/product-details/aptc3-1m500m-1000-d6-v
The point is if AMPG is ISO9001 accredited. This example would be an ISO violation.
Now if AmpliTech does not have an accredited ISO9001 certificate, but operates ethically. They need to self-disclose to all their customers about this mistake.
We should all want know
Obrien connected with AMPG: Here is an interesting article about the ISO company AMPG hired.
A US Federal Court has awarded Oxebridge $1.6 million in compensatory damages in the defamation lawsuit against the certificate mill operators Daryl Guberman. A Federal Judge has handed Oxebridge a complete victory in its lawsuit against the operators of the ISO certificate mill Guberman-PMC LLC.
Guberman PMC issues certificates for ISO 9001 and other management systems, under the “accreditation” of a company alleged to be called “ABAC.” That body appears to be simply a website run by Guberman, and not an actual accreditation body.
You can read many articles all over the internet on this
https://www.oxebridge.com/emma/the-guberman-pmc-daryl-guberman-ethics-omnibus/
Hi Obrien, Not having a real ISO9001 certificate is serious.
Investors have a right to know what's going on.
This link is the actual website of the ISO company
If you want to laugh it off. Then shame on you
AMPG, Unaccredited ISO9001 Quality System? Is this true?
What does this mean? Will AMPG tell us what happened?
If true that AMPG does not have an accredited ISO9001 certificate.
Are all of the AMPG products built now in question on quality?
Did AMPG know?
How many years has their ISO9001 quality certificate been unaccredited?
What happens when their customers find out?
These are the links to their certificate. This is the actual website
https://drive.google.com/file/d/1_ypDRKP1S0fjXQ4okLUmGpYe4oUolmbt/view
http://dguberman.com/
http://www.dguberman.com/g-pmc.html
Hello Glefdar, Look at this. There is all sorts of posts on this ISO9001 company AMPG used. I am not an expert. Just reading these links. Below is the link to the AMPG ISO9001 certificate. I looked up the name of the guy who certified it. Daryl Guberman. Apparently he has been shut down for issuing fake ISO9001 certificates.
https://drive.google.com/file/d/1_ypDRKP1S0fjXQ4okLUmGpYe4oUolmbt/view
http://dguberman.com/
"This Guberman-PMC website (Dguberman.com) Has Been Shut Down For Legal Reasons.
Glefdar, Here are remnants of AMPG's cryo LNA's that never existed on ECM's website. They were taken down after ECM and AMPG stopped working together. Links that forgot to be removed. They look like illustrations and not pictures.
https://www.ecmstockroom.com/products/aptc5010012005k00d6v/view
https://www.ecmstockroom.com/products/aptc5020004001k00d6v/view
https://www.ecmstockroom.com/products/aptc5040008002k00d6v/view
https://www.ecmstockroom.com/products/aptc5040016005k00d6v/view
https://www.ecmstockroom.com/products/aptc5060020006k00d4/view
https://www.ecmstockroom.com/products/aptcw5160028006k0042v/view
Here is the matching products on AMPG's website.
https://d2f6h2rm95zg9t.cloudfront.net/99353527/Product_Guide_Cryogenic_Amplifiers_98082287.pdf
Now you can buy AMPG LNA's for 50% off. If they are so great. Why are their LNA's being offered at a 50% price reduction? Lot's of red flags.
https://www.amplitechinc.com/stock-items
Hello, Here is the list of Cryogenic LNA's they advertised that did not exist at the show. See the link below. They took them all down everywhere. They forgot to take down this brochure. They were for sale on ECM's website. LNA's that never existed. Selling LNA's that never existed.
https://d2f6h2rm95zg9t.cloudfront.net/99353527/Product_Guide_Cryogenic_Amplifiers_98082287.pdf
Hello, The company they bought Spectrum Semiconductor is a distributor (not a manufacturer) that sells to a market that are not AmpliTech customers. So the customer list is not helpful. The product Spectrum distributes are ceramic packages from Japan manufactures like Kyocera and NTK. These are very good products but lagging edge technology that has been available for 20-30 years. There are new packaging technologies now available that are leading edge that are lower cost and better performance. The Spectrum products are still good but not leading edge. This may be a profitable company but not complimentary.
As for niche markets. You are correct they can find their way into some of them. But the way they do it is very disappointing. I think they find a market and say we can make it. So they tell the world AMPG has the product and gets orders. Then they try to figure out how to make it. This never works.
As an example they went to the APS show 4 years ago and advertised cryogenic LNA's they could not make. They advertised the best performance in the world. The posts were all over this message board about AMPG's best products in the industry. Then East Coast Microwave posted the data sheets. Now ECM took them down and terminated the AMPG relationship. ECM was AMPG's distributor. The posts went quiet. I think everyone knew the products must not be real. They probably received large orders they could not deliver on. My best guess is this really hurt them.
But they continue on to the next story.
Hello Glefdar, I think you know the answer to the question you are asking. It is very unlikely AMPG has some new MMIC technology. If you followed Amplitech's press releases you would see so many lets be nice and call them PR exaggerations. In my opinion these press releases were just to get investors to give them money. So they can take raises and bonuses.
If you look at the AMPG LNA it looks like a 20-30 year old product. They are making amplifiers a very old way using discrete chips. This is a very slow costly way to make amplifiers. The market has changed a lot in 20 years. Now you can purchase MMIC's in plastic surface mount packages from $5 to $100. These are large US companies like Qorvo, Skyworks, MACOM, Analog Devices. It is very unlikely AMPG can enter this market
AMPG is stuck in bad place where their LNA's are old technology and no longer competitive in price or performance. They are living off investors giving them money.
Hi Mike, Spectrum Semiconductor is a different market. They distribute IC packages. The customer base is different. They are not a manufacturer. Check them out. https://www.spectrum-semi.com/
I do not see the symmetry in the 2 companies.
Hi Mike, look at the numbers. They are going in the wrong direction.
AMPG had a loss from operations of $2,089,216, for the nine months ended September 30, 2021, compared to the loss from operations of $470,718, for the nine months ended September 30, 2020
Hi Mike, MMIC amplifiers in this industry are everywhere and they have been for years. There is Qorvo, Skyworks, MACOM, Analog Devices, and so many more. AMPG is not 1 of them and will never be 1 of them. I am sorry to tell you this.
Hi Mike, It is really good you believe AMPG. I don't believe.
Every quarter they lose money. In my opinion this will never change.
Every year they lose more money than the year before.
AmpliTech reported a Q3’21 net loss of ($592,845)
Did ECM and AMPG terminate their distribution partnership?
Was AMPG removed from East Coast Microwave's website?
I can't find AMPG anymore on ECM's website?
It appears ECM and AMPG parted ways? See link below
https://www.ecmstockroom.com/
Here is what Amplitech said: 35-40%, we’ve developed many models that are “COTS”. This is where our distributorship with East Coast Microwave figures prominently. For many of these designs for which repeat orders are sought, we can have ECM stock them and provide the customer with good pricing and quick delivery. See link below
https://www.metasensemarketing.com/demo/amplitechinc/interview-with-fawad-maqbool-from-amplitech/
Q2’21 net loss of ($472,695), compared to a net loss of ($243,268) Q2 2020
Another losing money quarter.
Everytime AmplTech makes a press release I try to verify the accuracy. In my opinion this new statement in the press release is not correct. Here is the latest. I challenge anyone to show me a Ka-Band 26.5 to 40 LNA on AmpliTech’s website that has the industries lowest noise figure of 80K at room temp. I see 289K not 80K which is a world of difference. If they say this in a press release. PROVE IT. I cannot find it on their website. I challenge anyone to find this industry lowest Noise Figure LNA.
Amplitech’s Statement: AmpliTech manufactures a suite of Ku, Ka, and X band Low Noise Amplifiers primed to offer companies superior communication solutions. The Ka band LNA operating at 26.5-40 GHZ is preferred for usage in SATCOM devices. AmpliTech's Ka band LNA features the lowest noise figures in the industry (80K @ room temperature)
Now go on AmpliTech’s website and see the actual Noise Temp not 80K but 289K
Don’t believe me. Look for yourself 3 dB Noise Figure is 289K not 80K
https://www.amplitechinc.com/product-details/apt4-18004000-4008-d20-n
Hi YoPro, Thanks for this reply. I am glad you are doing well with the stock. You are correct. I do not get it. If I could see these new products that they discuss during press releases are real. Then I would get it. But it does not take much research to see IMO these products don't exist or have marginal performance. If I see profits this would help as well. Then I see the new product in a reduced sale in stock because no one is buying them. I look at the distributor who has no inventory because they are not selling. This is lagging edge technology which is not impressive in any way. So you are correct I do not get it. But the stock is up. So I do not get it.
I will never understand this stock. The 2020 year end financials come out and they lose over $1 Million dollars. I would think this is really bad. A $3 Million dollar company loses $1 Million. Far from a return to profitability as was stated at the end of Q3.
Press releases of products that in opinion that do not even exist or frankly are not very good. What was the last 1 the announced Phased Arrays. That was a funny one. A product that has nothing to do with amplifiers. AMPG is building amplifiers that look 30 years old. They changed the pictures on their website to illustrations so they do not look like old technology.
Just a bunch of buzz words and the market goes crazy: Quantum, Space, 5G, Phased Array's, commercial aircraft entertainment, MMIC's, Microchips.
And the stock goes up? I don't get it. More power to you all.
In every satellite design Low DC Power consumption is absolutely essential.