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I wasn't aware that anyone needed to be spoken for...
I was only clarifying and distinguishing the 2 OCAST programs, as his post made reference to the $300,00 grant, which is totally different.
I guess it could be interpreted differently.
Please pardon my post!
Iamthe walrus - As stated in my post, the event is SPONSORED by OCAST. However, your post is inaccurate! OCAST sponsors many different award programs and The Air Force SBIR ( Small Business Innovation Research) / STTR (Small Business Technology Transfer) program is entirely different than the award given to 3DICON in July 2013. That was $300,000 in grant funding from The Oklahoma Applied Research Support (OARS) competition sponsored by OCAST. (With matching funds)
This is more or less a collaboration with The Air Force...that has over $300 million in funding available through the SBIR/STTR program and they will be in Tulsa this month.
*** Interestingly, from the recent PR, they mention the Air Force Life Cycle Management Center (AFLCMC) as being a key customer with continued interest in 3D Displays. AFLCMC is also listed below as a link for innovative solutions in the SBIR/STTR programs.
http://www.afsbirsttr.com/UserFiles/CRPFiles/AF-SBIR%20CRP_0714_OnePager_FINAL_v2.pdf
The Air Force Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs expedite the transition
of innovative technologies to the warfighter through the Commercialization Readiness Program (CRP)!
ABOUT THE AIR FORCE’S SBIR/STTR CRP
CRP accelerates the transition of SBIR/STTR developed technologies into military and commercial applications. The Air Force SBIR/STTR CRP provides a strategic process that links the Air Force Life Cycle Management Center
***(AFLCMC), Air Force Sustainment Center (AFSC), Air Force Nuclear Weapons Center (AFNWC), Air Force Test Center (AFTC) and the Space and Missile Systems Center (SMC) to Air Force Research Laboratory (AFRL) Technical Points of Contacts (TPOCs), to identify and evaluate Air Force needs and innovative solutions. In addition, the program supports tech-maturation by identifying SBIR/STTR technologies for potential transition to AFRL applied research or advanced development programs. Since its inception in 2006 the Program has been making a difference in improving technology transition outcomes. The Program’s continued success can be attributed to its ability to align and connect all transition stakeholders and leverage Phase III funds required to mature SBIR/STTR projects.
http://www.afsbirsttr.com/Help/WhatIsAFSBIRSTTR.aspx
The Air Force Research Laboratory has been assigned the execution authority for the SBIR and STTR programs by the office of the Secretary of the Air Force.
On a schedule coordinated by the Department of Defense, the Air Force issues SBIR solicitations, usually one per year, that contain technical topics that describe the areas of interest and needs of the Air Force. Small businesses are invited to submit proposals targeted at the topics listed in the solicitation. The STTR program works in the same manner, with only one solicitation per year.
From OCAST for your perusal:
This is the $300,000 grant awarded to 3DICON:
http://www.ok.gov/ocast/Programs/index.html
Oklahoma Applied Research SupportAR
(OARS)
Description
OARS competitively awards funds for one- to three-year projects from any technology area based upon technical merit, potential for market success and commitment of resources. Funding for both proof-of-concept and accelerated projects is available through OARS. The program requires a minimum of one dollar matching support for each state dollar awarded. Eligible applicants are Oklahoma businesses and universities, colleges or nonprofit research organizations that have industrial partners. The program gives preference to projects involving collaboration between research institutions and private industry.
Performance measures
also include a final determination of taking the project forward through some form of development. Development may take any of several tracks including a follow-on accelerated research project, incorporation into a new project, licensing to another person or organization, etc.
This is the The Air Force Program:
Oklahoma SBIR Collaborative ResourcesSB
(OCRS)
Description
Through the federal Small Business Innovation Research (SBIR) program, federal agencies provide seed support for product feasibility studies and prototype development that is lacking in the private investment community. The federal Small Business Technology Transfer (STTR) program accomplishes this purpose and forges research collaborations between small firms and universities or nonprofit research institutions. Both the SBIR and STTR programs encourage transfer of technology into federal agency programs and private sector applications. OCAST’s program supports these goals by providing bridge funding between Phase I and Phase II federal SBIR and STTR grants. The program provides technical assistance through the Oklahoma SBIR Collaboration Resource initiative to improve the quality of proposals through proposal development workshops, proposal reviews, client referrals, collaboration building and partnership with i2E’s new SBIR support services. The program offers companies guidance in accessing additional OCAST support and other resources as appropriate to their respective stage of development.
Performance Measures
This program produces nationally competitive applied research, development and technology commercialization. Federal and private funding attributed to projects and the ratio of OCAST support to private and federal support indicate OCAST’s effectiveness at securing capital for applied research and development. Performance measures such as the increase in federal contracts, jobs added and payroll of jobs added indicate the successful commercialization of technology by firms participating in the SBRA program.
Have a great day!
Looks like the Air Force will be in Tulsa in Oct. to discuss funding for small businesses.
"more than $300 million in funding for research and development activities by small businesses annually," said David Sikora, the Air Force SBIR/STTR program manager.
http://www.afsbirsttr.com/Portal.aspx
Air Force SBIR/STTR topic pre-release
The DoD SBIR 15.1 and STTR 15.A solicitations are scheduled to open on 15 January 2015, preceded by the DoD pre-release starting 12 December 2014. The Air Force will post their topics on this website in late-October. TPOC contact information will be provided, so be sure to check our Solicitation Schedule Info page frequently.
Upcoming outreach events
Our expanding outreach activities to under-served states and disadvantaged businesses/individuals will be taking us to various states and small business events. Look for us in Tulsa, Oklahoma City, New Orleans, Kansas City, Austin and San Antonio.
Workshops:
Oklahoma, October 21-23 - Events are scheduled in Stillwater, Tulsa and Oklahoma City. Air Force SBIR/STTR program manager David Sikora will be participating in workshops and meeting with small business owners and community leaders to discuss funding for high-risk projects that meet Air Force needs, intellectual property rights for the small business and Air Force assistance with transitioning or commercializing SBIR and STTR funded technology. The event is sponsored by the Oklahoma Center for the Advancement of Science and Technology (OCAST). More information is available at the OCAST website.
SOLICITATION STATUS
The SBIR 15.1 and STTR 15.A solicitation topics will be pre-released by DoD on December 12. The Air Force's topics for those solicitations may be pre-released on this site in mid-November.
The STTR 14.A solicitation is now closed. The Air Force typically notifies selectees within 90 days. For non-selected proposals the principle investigator or corporate official will be notified. If you are new to the Air Force SBIR/STTR program be sure to review the guidelines and other valuable information on our Phase I Awardee Training page in the Small Business section. We appreciate your feedback on this training: If you have any comments or need further assistance, please send us an e-mail.
http://www.afsbirsttr.com/News/default.aspx
News Date: 10/10/2014
News Title: Outreach - Look for us at these events
News Subject:
October 2014:
October 21-23 - The Air Force SBIR/STTR program manager, David Sikora, will meet with small business owners and community leaders during our Oklahoma roadshow. Mr. Sikora will discuss funding for high-risk projects that meet Air Force needs, intellectual property rights for the small business and Air Force assistance with transitioning or commercializing SBIR- and STTR-funded technology. For more details and to register for these events, click here.
http://www.ok.gov/ocast/Programs/Oklahoma_SBIR_Collaborative_Resources_(OSCR)/index.html
The principal goal of the Air Force SBIR and STTR Programs is to serve the technology needs of the Air Force warfighter. These programs, together with the people who manage them, accomplish this as part of the Air Force Research Laboratory's (AFRL) technology development efforts. AFRL's mission is to be the Air Force's agent for identifying and providing advanced, affordable, and integrated technologies that keep our Air Force the best in the world.
October 21: Stillwater - Meridian Technology Center
October 22: Norman - OU Center for Applied R&D
October 23: Tulsa - OSU Helmerich Research Center
Each session will begin at 9:00 a.m., and will conclude at 11:30 a.m.
http://www.wpafb.af.mil/news/story.asp?id=123423029
"We're trying to foster innovative technology solutions for the warfighter and the U.S. Air Force SBIR and STTR programs (by providing) more than $300 million in funding for research and development activities by small businesses annually," said David Sikora, the Air Force SBIR/STTR program manager. "With this budget, the Air Force funds research from the early stages of concept development until it transitions to military or commercial use."
Those question marks were suppose to be emoji laughing faces. Not sure why they showed up as question marks. Anyway...that was a good one Razor & Quick! I'm still here on the sidelines - holding out for that big day!
LOL!!!??????
Apparently, Wilner was hired as interim CEO. According to the website from his consulting business, nFlexion, he acts as an interim CEO for 6 to 18 months and has done this with 20 other companies.
Hopefully, he is to the point that he turns the reigns back over and does what he says he does best...bring CSpace to commercialization!
Also, I agree with Big Mo that it sounds like we are in great hands with Victor Keen. Maybe this was the plan all along!
Back to the waiting game...
http://nflexion.com/nflexionHowWeWork.htm
INTERIM EXECUTIVE ASSIGNMENTS
Our focus is providing interim executive services for early stage technology companies. Typically one of our senior executives will come to your site and work closely with you for one or two weeks per month (every other week). For most early stage companies this provides the necessary direction and execution required to move the company toward growth and profitability. During the weeks that we are not at your site, we provide continuity via telephone, email and conference calls. Typical assignments are 6 to 18 months. Most of the time we carry your business card with an Executive Vice President title and work with you and your team in one of the following ways:
1. LEADERSHIP ROLE ? In this work style, our interim executive serves as acting CEO and assumes control of all business side functions (finance, sales, marketing, business development, etc.) while providing leadership and direction for the entire organization. Our executives are most effective in this role.
2. PARTNERSHIP ROLE ? In this work style, our interim executive works in partnership with you and assumes a business development role only. This would include strategic planning, business & operating plan development, fund raising, strategic partnering, and sales.
3. PROJECT ROLE ? In this work style, our interim executive works on specific projects for which you have defined a scope, timeframe and budget.
DUE DILIGENCE SERVICES
nFlexion has significant experience working with venture capital firms and strategic corporate investors. We also have recent experience working with investment banks and mezzanine capital sources such as hedge funds. Our executives have an extensive network of contacts within the venture capital community worldwide and have significant experience in the due diligence process. Mr. Willner has personally been through the due diligence process over 20 times as the CEO of multiple startup companies. More recently Mr. Willner and other nFlexion executives have been engaged by venture firms to assist in their due diligence process for startups they are considering for investment
So glad to see you posting here again Mogus!!! I have always valued yours, rbairos, boomsoon & quickshift's opinions! Long & strong...7 years!
I have trying to put some pieces of the puzzle together and came up with, what I think, are intriguing pieces. Rbairos you stated a while back in #msg-66130173 “In the end, the core technology is the material itself. It’s not clear which company is in the lead in that regard.”
Sid Aroesty stated this in a CEO letter to shareholders : “Because the success of our technology is largely dependent on the underlying physics of the system, and in particular the lasers and the materials being employed, we also enlisted a renowned laser physicist from Stanford to review our data and conclusions.” It looks like you were right about the material being the important factor. The physicist did proclaim that we have a viable product worthy of commercialization. However, it’s apparent that we still have some hurdles to overcome before that can happen. This led me to recall a post by Mogus regarding the similarities between the Cspace patent and 3DTL’s patent.
Mogus stated #msg-57989761, “You might be interested to know that the patent we're talking about was initially rejected because the examiner believed it to be too similar to the work of Dr. Elizabeth Downing of 3DTL in Sunnyvale, CA. She gave up on the technology, believing it would be too difficult and expensive to commercialize, this according to her partner whom I spoke with on the phone several months ago. This person even had the audacity to suggest that 3DICON was infringing on their patent. Well, we now know that's not the case since our technology has the full backing of the US Patent and Trademark office.”
If it is true that Elizabeth Downing gave up on the technology because of difficulty and cost; it speaks volumes that 3DIcon has continued to pursue & perfect a disruptive technology! I am wondering if there is something in their patent we need and they could be the company or patent we acquire.
3DTL is a private company that had an annual revenue of 2 to 5 million in 1999. I couldn't find any current revs, but the fact that they have government & military contracts, etc leads me to believe they are still doing very well.
Also, Mark Willner has previously worked with 3DTL and authored patents with Elizabeth Downing. How convenient is it that Melnik worked with Phillips and Willner, with 3DTL. I’m just saying…
I’m also curious why Willner doesn’t have 3DTL on his resume…the association is easily found on the internet.
I know this is a lot of information – sorry! I also noticed that the competition list from the 2011 10K, 2012 10K, and 3Dicon website are all different. The one common denominator, with the exception of Felix 3D, is 3DTL. (I must say Felix 3D looked impressive, as well) I have listed the competition below and provided links.
Thoughts???
I could be way off base, but it has been fun playing detective.
March 31, 2011 10K:
Competition
There are numerous technologies which are under development to enable the display of 3D images. The following is a summary of research being conducted and products under development in the 3D display system marketplace of which we are currently aware:
• LightSpaceDepthCube™ from LightSpace Technologies, Inc.
• Felix 3D Displays
• Perspecta Spatial 3D Display from Actuality Systems
• 3D Technology Laboratories
April 2012 10K:
Competition
There are a number of different technologies that are at different stages of research and development to enable the display of 3D images. The following is a summary of volumetric or rear projection 3D display research or product development activities of which we are currently aware:
•LightSpaceDepthCube™ from LC Tech www.lightspacetech.com/DepthCube_Z1024_3D_Display.pdf • PDF file
•Felix 3D Displays http://felix3d.com/web/index.php?show=SOLIDFELIX (impressive sponsors)
•Perspecta Spatial 3D Display from Optics for Hire http://www.actuality-medical.com/site/content/perspecta_display1-9.html
•3D Technology Laboratories http://3dtl.com/
•Xigen – Rotating helix 3D display http://www.researchgrantdatabase.com/g/1R43CA138566-01/True-3D-Display-for-IGRI/
•USC – Rotating light field 3D display http://gl.ict.usc.edu/Research/3DDisplay/
•Setred – Rear projection 3D display http://setred.com/
•Zecotek – Rear projection 3D display http://www.zecotek.com/
3DICON Website: Competition Currently there are a handful of companies involved in development of 3D volumetric display technologies that do not require viewing aids. These companies include 3D Technology Laboratories, Sharp Electronics, Teleportec, Actuality Systems, Ethereal Technologies, Zebra Imaging, Felix 3D, and Holoverse. While each of these companies is developing 3D applications, every technology is developed uniquely and for a range of uses and markets. 3DIcon believes that as its technologies develop, it is well positioned to capture part of the projected multi-billion 3D display market and is pleased to have industry peers that are equally dedicated to making 3D displays a reality of the future.
Agreed!
I would speculate because of experience.
Mark Willner has over 30 years of high tech experience and an extensive network of contacts in multiple industries. Experience in general management (CEO level), strategic planning, financial planning and controls, business development, discrete & process manufacturing, new product development, intellectual property strategy and licensing, and strategic partnering. Not to mention, 3D display experience, which Mr. Aroesty did not have...
It almost seems as if he was Taylor-Made for 3Dicon!
(1) year Agreement for At-Will Employment...meaning Mr. Aroesty can leave at any time or the company can ask him to leave at any time. Neither one happened. Instead he is serving on the board. IMO, that says alot!
This is from the Nov. 10K concerning Sid Aroesty - 1 year agreement
June 13, 2011, the Company entered into a one (1) year Agreement for At-Will Employment with Assignment of Inventions (“Employment Agreement”) with Sidney A. Aroesty, pursuant to which Mr. Aroesty began serving as the Company’s Chief Executive Officer, effective June 13, 2011. Under the terms of the Employment Agreement, Mr. Aroesty is entitled to an annual base salary of $120,000 and, at the discretion of the Company’s Board of Directors (the “Board”), performance-based bonuses and/or salary increases. Pursuant to the Employment Agreement, the Company granted Mr. Aroesty five-year stock options to purchase two (2) million shares at an exercise price of $0.031 (the “Strike Price”). Furthermore, if Mr. Aroesty remains employed by the Company, he will receive additional stock options to purchase three (3) million shares at the Strike Price upon the completion of a trade show prototype that displays the Company’s technology.
The Employment Agreement contains provisions for non-disclosure of confidential information pursuant to which Mr. Aroesty agreed to refrain from using or disclosing to third parties, directly or indirectly, any Confidential Information, as defined in the Employment Agreement, either during or following his employment with the Company. Furthermore, Mr. Aroesty unconditionally and irrevocably assigned any now-existing or later-created Invention(s), as defined in the Employment Agreement, which are developed during or three (3) years after his employment with the Company.
The Employment Agreement may be terminated with or without reason by either the Company or Mr. Aroesty and at any time, upon sixty (60) days written notice. The terms of the Employment Agreement will remain effective for one (1) year and will automatically renew, subject to the same termination rights. Upon termination, the Company will pay any base pay, bonus and benefits that have been earned and are due as of the date of the termination.
Mark Willner is an interim CEO…it is one of the options his company provides, as noted below, and obviously the one 3DIcon chose. In my opinion, Sid brought in Mark Willner and stepped aside so Mr. Willner can provide the service that 3DIcon needs to get the job done. He has developed relationships and worked with some big name clients, with a very successful track record. He has a 3D display background and has secured 5 patents. Mr. Willner has also been hired by venture capital firms & corporate investors to determine if a company is deemed a good investment. I see this as very positive move in the right direction for 3DIcon. He may even have a different strategy regarding the RS. Hopefully, he will lay out his plan for us soon. Until then, the PPS is very attractive at this level and I am still holding strong after 7 years! GLTA
Our focus is providing interim executive services for early stage technology companies. Typically one of our senior executives will come to your site and work closely with you for one or two weeks per month (every other week). For most early stage companies this provides the necessary direction and execution required to move the company toward growth and profitability. During the weeks that we are not at your site, we provide continuity via telephone, email and conference calls. Typical assignments are 6 to 18 months. Most of the time we carry your business card with an Executive Vice President title and work with you and your team in one of the following ways:
1. 1.LEADERSHIP ROLE – In this work style, our interim executive serves as acting CEO and assumes control of all business side functions (finance, sales, marketing, business development, etc.) while providing leadership and direction for the entire organization. Our executives are most effective in this role.
2. PARTNERSHIP ROLE – In this work style, our interim executive works in partnership with you and assumes a business development role only. This would include strategic planning, business & operating plan development, fund raising, strategic partnering, and sales.
3. PROJECT ROLE – In this work style, our interim executive works on specific projects for which you have defined a scope, timeframe and budget.
DUE DILIGENCE SERVICES
nFlexion has significant experience working with venture capital firms and strategic corporate investors. We also have recent experience working with investment banks and mezzanine capital sources such as hedge funds. Our executives have an extensive network of contacts within the venture capital community worldwide and have significant experience in the due diligence process. Mr. Willner has personally been through the due diligence process over 20 times as the CEO of multiple startup companies. More recently Mr. Willner and other nFlexion executives have been engaged by venture firms to assist in their due diligence process for startups they are considering for investment.
Interesting that 3DTL is listed as one of their competitors on 3DIcon website.
Maybe another possible collaboration...
Info on Elizabeth Downing
http://www.3dtl.com/page9.php
If that is the case, Sid has some serious contacts! Let's hope you are right about the short period of time! I'm wondering if this is where the "acquisitions" could come into play??
It looks like we were doing DD at the same time. I find this VERY interesting!!!
That could be it...
Lets hope there is some kind of magic in the end!!!
It looks as if Mark Willner worked at 3DTL for a period of time. At minimum, he filed a patent that is owned by 3DTL. I wonder why this work history is not mentioned in his bio? I seem to remember Mogus posting a while back that 3DTL owned patents filed by owner Elizabeth Downing, that 3DIcon needed to trump.
I actually find this info very bullish! Elizabeth Downing is somewhat a successful pioneer in the 3D Industry. If in fact Mark did work with her at 3DTL, he is probably bringing more experience than we could have imagined.
http://www.patentbuddy.com/Inventor/Willner-Mark-G/6915027
I really hope you get to build your small village, Artsy! Even though I don't post anymore...I peep in every once in awhile and I enjoy your posts & optimism! Hopefully, we will get some encouraging news from 3DIcon soon!
Not sure why anyone thinks Brian Hoover has left 3DIcon. It cleary states on his LinkedIn page "Current" & "Present" for 3DIcon & Advanced Optical. The break down of time, outside of "Present," is common practice for everyone on LinkedIn.
Still long...
Brian Hoover
CEO, Advanced Optical
Albuquerque, New Mexico AreaDefense & Space
Current VP Technology Development at 3DIcon
Founder/CEO at Advanced Optical
Brian Hoover's Experience
VP Technology Development 3DIcon
February 2011 – Present (1 year 1 month)
Lead development of CSpace autostereoscopic display to marketing prototype
Founder/CEO Advanced Optical Public Company; 1-10 employees; Defense & Space industry
August 2004 – Present (7 years 7 months)
Thank you for letting me know Artsy. It would be nice to put a face with name.
Razor - I never said I had a problem with Dr. Li's Bio. and I certainly don't make my investment choices on the basis of other's thoughts. The problem I have is the company putting out a PR saying they have hired a company in China that I can't find any information on...that would be Yongsen Consulting. I merely said that her Bio stills states that she is with Beyond Diagnostics, at present. It appears to be up to date. As I stated, She has a former employment history with Sid and that simply begs the question, where this is going in China???
I agree..I think they have someone waiting in the wings, who has encountered the clearing house problem. I just hope it's substantial enough to keep the PPS propped up, after the RS. Otherwise, a higher PPS/RS ratio would fair better with attracting other large investors.
They could do an RS at .02 or any other PPS, but you are right...it would not do them any good...we would still be a penny stock. If they give us any good substantial news that can get the PPS back to .10, they could do a 15 to 1 RS and the PPS would equate to $1.50. This should eliminate the problem with the clearing houses and make us more attractive.
My personal guess is that they will wait for a higher PPS based on the statement from the Shareholder Letter.
Other firms have created rigorous internal policies to discourage the deposits
of these securities or, in other cases, have set arbitrary price limits for denying the deposit of
shares, for example, a policy to reject the deposits of securities trading below a price of $0.10.
When there exists an uncertainty that the shares of a company’s stock can be deposited, the
company’s ability to raise capital is greatly restricted.
However, a 15 to 1 RS at .02 would equate to .30, meeting the requirement stated above. I still think they will want to have a higher PPS to make us look more attractive.
Hopefully, we will be able to gausge this better after the SHareholder meeting.
Bring on the news!
It all makes perfect sense... I plan on taking a leap of faith and voting "YES."
I just wish he had mentioned a 5th reason, as eventually wanting to uplist to a major exchange, as quoted in the May 10th PR :
3DIcon has eliminated virtually all of its debt and has a significantly improved cash position. The company is in talks with investment banking groups regarding strategic financing and the possibility of moving the company to a major stock exchange, given reaching certain milestones. The company continues to apply for non-dilutive financing including government grants to advance its R&D.
At least it was mentioned in the May PR!
I am taking the public announcement PR in reference to the Shareholder Meeting as a sign of good things to come...hopefully, at the meeting! I'm thinking they will not do the the RS until they can at least get the PPS over a dollar or it kind of defeats the purpose.
Thank you Missionsman! I am looking forward to some definitive answers at the Shareholder Meeting. It looks as if my husband & I are going to be able to go. Are you going? Is anyone else going?
I was just looking at her Bio. - impressive credentials! I haven't been able to find anything on Yongsen Consulting in China. Have you or has anyone found anything?
Maybe they are keeping secrets
Ugh! The speculation is driving me crazy - LOL!
Most Nevada companies are above-board. And so are most shell companies: They are used by corporations to set up side businesses under different brands, for instance. Corporations can use shells for legitimate secrecy, such as storing intellectual property that they don't want nosy competitors to know they possess.
Maybe they are seeking funds to have CSpace manufactured in China.
I must admit, I never thought they would consider acquistions at this point. Although, the PR did say, "if appropriate."
From today's PR:
Dr. Li subsequently joined Beyond Diagnostic, a high-tech medical device company based in Shanghai, as Chief Operating Officer. Under her leadership, the company obtained regulatory approval for 14 products and transformed from a research lab into a market-driven, customer oriented, and fast growing medical device manufacturer.
http://www.beyondbiotech.cn/en/portal/NewsView.asp?ID=124&SortID=26&SortPath=0,25,26,
It has been my hunch, since Sid Aroesty was hired, that Siemens would play an intregal part in #3Dicon. IMO! That alone would keep me from NOT being out of this stock. Not to mention, 3DIcon has been in talks with, and is scheduled to make presentations to, potential commercialization partners. These include industry leaders and Fortune 100 companies in the fields of medical imaging, air traffic control, command and control, inventory management, and gaming. 3DIcon is scheduled to demonstrate its CSpace technology for specific applications. In the second quarter 3DIcon will present to a leading gaming company, while in the fourth quarter they are scheduled to present to a Fortune 50 company in the area of aerospace and command and control.
It may not have happened as fast as we would have liked, there may have been too many over-zealous predictions made too soon, the stock may have been diluted so much that it prevented any substantial runs, silence may have been deafening, we may have been baffled at time by some of their actions, (I may be out of my mind) but I just don’t think there is any way that 3Dicon is not on the “up & up” in regards to bringing the world a disruptive technology! This technology has been researched and attempted since 1912...We hold a patent that will allow us to potentially be the first to market. Now we have retained a China based consultant, who has worked with Siemens. Things sure seem to be aligning.
Sometimes I feel as if I am trying to convince myself because I haven’t seen anything concrete, yet. However, there has been so much accomplished that it’s hard not to believe! I truly believe that Siemens will weave its way into our web –somehow - based on the information below.
From today’s PR:
Dr. Li returned to China in 2007 after Siemens acquired DPC, leading and managing all strategic planning and business development efforts for Siemens' clinical diagnostic business, contributing significantly to the company's impressive growth in the Chinese market.
"There is a significant opportunity we will pursue through business development in China. I have worked closely with Dr. Li for a number of years and have a great deal of personal confidence in her abilities both in technology and business matters. We feel she will effectively pursue our interests in the complex environment that China represents," stated Sidney Aroesty, Chief Executive Officer of 3DIcon.
http://www.siemens.com/about/en/worldwide/china_1154598.htm
China
For more than 130 years, Siemens has been active in the country, where the company’s three Sectors of Industry, Energy and Healthcare occupy leading positions. Over the years, Siemens has become an integral part of the Chinese economy and a reliable, committed and trustworthy partner of China.
Key Figures
With a workforce of over 33,600, Siemens is one of the largest foreign-invested employers in the country. In fiscal 2010 (October 1, 2009 – September 30, 2010), Siemens’ sales in China amounted to EUR 5.8 billion and new orders totaled EUR 5.6 billion
3Dicon Appoints Mr. Sid Aroesty as CEO:
Following the acquisition of Diagnostic Products Corporation, Mr. Aroesty took the COO position at the Siemens division that acquired Diagnostic Products Corp. At both companies he directed all operating activities including R&D, quality control, and regulatory affairs.
R&D, Research and Development
Quality control, The operational techniques and the activities that sustain the quality of a product or service in order to satisfy given requirements. Quality control is a major component of total quality management and is applicable to all phases of the product life cycle: design, development, manufacturing, delivery and installation, and operation and maintenance.
Regulatory affairs professionals (aka regulatory professionals) usually have responsibility for the following general areas:
• Ensuring that their companies comply with all of the regulations and laws pertaining to their business.
• Working with federal, state, and local regulatory agencies and personnel on specific issues affecting their business. i.e. working with such agencies as the Food and Drug Administration or European Medicines Agency (pharmaceuticals and medical devices); The Department of Energy; or the Securities and Exchange Commission (banking).
• Advising their companies on the regulatory aspects and climate that would affect proposed activities.
* Please note that 3Dicon could have easily hired someone without these necessary attributes, if they were like all the other penny stocks and just wanted to dilute the company to stay afloat.
CSpace Commercialization:
The company's CSpace® technology, which continue to progress through milestones in its development stages, is best suited to licensing or co-development with large, well-funded partners who may have complementary products and sales channels that can be leveraged to the benefit of 3DIcon's technologies.
Siemens Healthcare meets the above mentioned large, well-funded, and complementary products requirements.
http://www.siemens.com/about/en/businesses/healthcare.htm
Siemens Healthcare Sector is one of the world’s largest healthcare providers. We see ourselves as a medical solutions provider with core competencies and innovative strength in diagnostic and therapeutic technologies as well as in knowledge processing, information technology, and system integration.
http://www.siemens.com/press/en/events/index.php
"Siemens getting ready to top the €100-billion mark"
3Dicon Target Markets:
CSpace® addresses a plethora of commercial applications including: 1) Large format entertainment in cinema, theme parks, museums; 2)Advertising through digital signage, branding, and trade shows; 3)Gaming including interactive video games; 4) Medical applications in diagnosis, treatment planning, robotic surgery, medical and dental training; 5)Training for the military, police, firefighters, industrial, and pilots; 6)Education; 7)Industrial design and control including quality control and CAD/CAM; 8)Visualization for geological mining, oil, gas, molecular modeling & design, meteorology, astronomy, and physics; 9) Real Estate design and sales; 10)Government applications such as homeland security, surveillance, and intelligence.
Siemens & 3D Technology
www.medical.siemens.com/webapp/wcs/stores/servlet/PressReleaseView~q_catalogId~e_-1~a_catTree~e_100005,13839~a_langId~e_-1~a_pageId~e_132668~a_storeId~e_10001.htm
Leveraging NVIDIA visualization technology, Siemens Ultrasound offers a vastly improved overall ultrasound experience. “syngo.fourSight Workplace is a cost-effective, cutting-edge solution that we believe will be embraced by both physicians and their patients. It is an excellent example of how modern 3D technology is being utilized for professional applications such as medical imaging,” said Jeff Brown, general manager, NVIDIA Professional Solutions.
http://www.nvidia.co.uk/object/io_1259213638167.html?_templateId=320
Utilizing technology that has its roots in immersive 3D movies, the new Siemens ultrasound fourSight™ Workplace* image management software uses NVIDIA® 3D Vision™ stereoscopic glasses and NVIDIA® Quadro® FX high-end professional graphics solutions to create the most stunning 3D/4D images of an unborn baby.
http://www.siemens.com/press/en/pressrelease/?press=/en/pressrelease/2009/workflow_solutions/hws200910008.htm
Siemens Healthcare has now integrated 3D tomosynthesis into its Mammomat Inspiration digital mammography platform.
http://www.xilinx.com/prs_rls/design_win/0578siemens_designwin.htm
SIEMENS MEDICAL AND XILINX TEAM TO DELIVER
BREAKTHROUGH 3D MEDICAL IMAGING SOLUTIONS
Siemens & 3D Software
http://www.plm.automation.siemens.com/en_us/about_us/newsroom/press/press_release.cfm?Component=56442&ComponentTemplate=822
“The 3D DCM was the ideal solution, enabling Vmech to model accurately and reliably the behavior of the mechanisms in various control software scenarios. Furthermore, the 3D DCM is backed by Siemens PLM Software, a stable and trusted supplier of software components to the Japanese CAD, CAM, CAE and PLM marketplace over many years.”
16 Reasons To Incorporate In Nevada
http://www.nvinc.com/incorporateinnevada.htm
If not Siemens, Dr. Li sure seems to have a "big reputation!"
Thanks Indyjam! I like your positive outlook! GLTY
"You'd better make it four; I don't think I can eat six pieces."—Yogi Berra, when asked if he wanted his piece of pizza cut into four or six pieces.
It's all the same and it's all good!
I realize my post is not something that most will want to hear. I had to answer those questions for my own satisfaction and thought I would share.
The PPS is holding up suprisingly well today; however, I see the .019's lining up. Hopefully, we will get good news soon!
Let’s put this in perspective:
If you were bringing a world class technology to market after 13 years of blood sweat & tears, would you not want it to be in the best possible scenario?
• As much as I would prefer not to have an RS; a billion + OS and .02 PPS just does not fit the bill.
• Institutions will not usually touch anything under $5.00
• Deep pocket investors will not take an .02 stock seriously
• Clearing firms are making it more difficult for penny stocks to be deposited into brokerage accounts
(I know this as a fact because I had to move my Roth IRA to E*TRADE because Merrill Lynch would not let me buy 3dicon due to the low PPS)
• The minimum PPS to up list to NASDAQ is $4.00
Obviously, we do not have the portrayal of a reputable company and there is no denying that a Reverse Split has the potential to fix that issue.
Do you really think the RS would be implemented to keep the company afloat by dilution? … which is why history has proven to be so bleak for companies who have reverse split – they were already sinking!
• We have operational net cash (almost enough to meet the fiscal year requirements to up list to the NASDAQ Capital Market)
• We have NO debt
• We have no law suits
• Dilution is minimal
• We recently hired 2 successfully –proven top management to help bring CSpace® to commercialization, with huge incentives.
• We own exclusive world rights to the patent received for CSpace® 3D rendering methods and we have achieved what no other 3D contender has been able to do, thus far!
• We have 2 issued patents
• We have 3 patents pending in the United States
• We have 2 patents pending in Europe & Japan
• We have a pending FDA approval
• We are in talks with Fortune 100 companies for licensing agreements & co-development
• Boeing has written a Letter of Intent to help secure funding
• We have a Sponsored Research Agreement with the University of Oklahoma
- The company has a Facilities Use Agreement with OSU-Tulsa’s Helmerich Research Center
• We are First to Market In True 3D Display For Large Installed Base of 3D Image Capture Equipment
• The market that awaits our technology is vast, with tremendous opportunity to complement the 3D image capturing equipment already on the market.
• The 3D market is expected to reach 2 to 3 billion by 2015
• New markets will be created because of our technology
• We are having a Shareholder meeting at the University of Oklahoma Campus on Oct. 15th
• We are anticipating a technical prototype update, as stated by Sid Aroesty, that could potentially propel the PPS forward
Obviously, we are not a company on the brink of failure. We have achieved incredible milestones and it looks as if we might actually be on the brink of bringing Martin Keating’s vision to fruition. Now is the time to trust the instincts that were apparent when we first invested. The reality is that a reverse split would help us, if it is implemented in conjunction with positive news. Every indicator listed above points in that direction.
P.S. If I am wrong, I will NEVER buy a penny/OTC again!
http://www.ourlegalsystem.com/theboemangroup/Investmyown/First_Page/Definitions/reverse_splits.htm
Excerpt:
Investors should look at the particular company in question, try to determine the reason behind the reverse split, and then decide whether it is an act of desperation or an act made with a good faith expectation of attracting more investors. If a company has realistic prospects of an improvement in revenues and its financial condition, then a reverse split in conjunction with those improvements can be a powerful tool to draw in additional investors. If the company has no realistic prospects for improving its financial condition, a reverse split is not going to change that and the share price is going to continue its previous pattern.
I found this to be a great read and it helped to put some of my "RS woes" into prospective.
I really cannot imagine them having a shareholder meeting unless they are optimistic about the near future. Not to mention, the meeting is at the University of Oklahoma Campus...what better place to deliver good news than on your home turf! Hopefully, we will get a prototype update soon that will give investors a leap of faith that the looming RS, if needed, is not "an act of desperation," but a positive integral part of the plan being implemented by a proven & successful management team.
I wish it were me!!! Good volume today! It's hard to believe anyone would sell at .02
Okay, I'll take your word for it. It's great to know that someone who understands all of the scientific elements feels like we are ahead of the curve.
Thanks for deciphering! GLTY
Thanks Rob! I knew the Ray Modeler had been disussed, I just didn't understand the difference... I'm an Interior Designer, not a techie It looks cool tho!
Thanks for the explanation!
I tried to download the briefing, but it didn't work. I will try again.
The following websites contain information pertaining to 3D volumetric displays. It looks as if Sony is 'in it to win it.' How is their Ray Modeler different from Cspace?
Obviously, full color has been achieved. It seems the common obstacles among researchers are scalability and low-costs. Who will be the first to market? Regardless of who is first, I still think 3Dicon will have their piece of the pie. Once perfected, it is unimaginable how big this technology is going to become over time!!!
Sony RayModeler, a 360-Degree Autostereoscopic Display Prototype
http://www.best3dmonitor.net/sony-raymodeler-a-360-degree-autostereoscopic-display-prototype.php
The following is a 3D display proposal for Nasa, by Xigen,
http://sbir.gsfc.nasa.gov/SBIR/abstracts/07/sbir/phase1/SBIR-07-1-S6.05-9973.html?solicitationId=SBIR_07_P1
POTENTIAL NON-NASA COMMERCIAL APPLICATIONS
The volumetric 3D display is a fundamental technological breakthrough that could change the way human being viewing complex information, thus has profound impact on the society advancement. The unique advantages of the proposed static screen volumetric 3D display technology include:
* No moving screen;
* Inherent parallel mechanism for 3D voxel addressing;
* High spatial resolution;
* Full color display is easy to implement
* Fine voxel size (at a sub-millimeter level);
* No blind spot on the display volume and the display volume can be of arbitrary shape.
* Simple and elegant system structure design;
* No special viewing glasses or any special eyewear is needed to view the 3D images;
* No image jitter affect that is associated with moving screen;
* Low-cost and low-maintenance.
The market for volumetric 3D display systems is sizable, and applications are enormous, including both military (e.g. air traffic control, battle management, space vehicle and submarine navigation, telemedicine in battle field) and commercial (e.g., 3D TV, virtual reality, computer aided design, visualization of multidimensional data, medical imaging, surgery assistance, education, scientific computing, video games, stadium displays, etc.) The 3D display systems will provide a new level of realism and literally add a new dimension to the dynamic interaction between human and the world around us.
It looks as if Xigen was able to rise to the occassion.
http://www.techbriefs.com/component/content/article/9432