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You are changing your premise. You said something that is 99% complete is worthless and I pointed out that isn't true.
I know not all can understand.
Well, at my job, if I get something 99% completed, I will still get sales. Maybe I'm missing a big old display to bring attention to what I'm selling, but that's not always the selling point. Its what I already have on the Endstand that people want.
I did not participate in the meeting. A meeting at 10am on a weekday is not a great time to attract a large sampling of shareholders. Plus, since this was not a shareholder meeting, with any votes, most probably figured they could catch the jest of the meeting from others, or when the company posts the transcript. From what I have been told, the meeting was very informative. I remember someone here saying that if Schott wasn't there, it was over. Well, I guess they were able to get the Janitor to show up and speak. I also noticed the janitor's resume was was over qualified for the position. Seem's he should have been given a VP position or something. Obviously, what is upsetting most, is that we aren't there yet. To be honest, I hoped we were, but reality says, that with the JDA just being signed a few months ago, time would still be needed. The only real concern I have is dilution. if they control that, then no worries. Time will tell.
40% drop based on 3.9 million, instead of 39,000,000 is a big deal. Means most are still holding. Has buying slowed, yes, but many that are holding are likely waiting to see where we bounce. If you read the charts at all, you'd see that yesterday, we closed below the 100ma of around .0115, which means we were destined to test the 200ma, which is .0081. We have now done that, on low volume. Let's see what happens next. We close below the 200ma, and more sellers may come in, but so far, this has not caused any panic selling, except for the few on here.
Less than 3% of outstanding shares traded since meeting. Doesn't seem most investors were rattled. I'd be more worried if 20-30% traded.
We've already had the research report. On like May 21st.
What would that real management do to make it fly that current management hasnt done?
You really sent that? Good grief!!!
Those that receive shares from financing wait on nothing. They only operate on the present and that is to sell shares and make as much money as fast as possible on the discount they get. They could careless if they get .01 or $3.00, as long as they sell and get their principal and gains from the discounts.
Looks like in a Blog post from yesterday. Vic Keen made mention that Sid Aroesty passed away on Sat after a lengthy Illness. Maybe that was his reason for finding a replacement at CEO. I talked with Sid many times in email about 3dicon. Was always good to answer my questions, and never sugar coated his answers. My prayers are with his family. A Good man was certainly lost this weekend.
Since its not a shareholders meeting, you shouldnt need anything. A managers briefing is usually part of a shareholder meeting. There will be no votes, so no proof of being a shareholder is needed, i dont believe. If it was a shareholder meeting they would have filed a Def 14 with the sec.
Not true. what if some are given at a 20% discount for services and the group that got them decides to hold them to see what happens and the pps drops, or the pps drops before they are able to sell them. Even if they sell them immediately, they most likely only make 20% on them. If they are issued as options for services rendered to employees, they may exercise the option at say a 10% premium, but that would have been to cover what was owned them for services, plus 10%, so they only make 10%. A lot of factors that could keep them from getting 100% profit from shares.
I think he's only got options. Most are at higher prices I think. But I think they can be exercised anytime over a multiple year time frame, so if it takes off really big, he would have something to gain for sure.
Looks Like Willner has been added to the list of management on the 3dicon website. I guess he is still playing a role for the company.
The same can be said about any company. Yet when good things happen, the pps tends to go up. Many people always have more money to throw at a stock. Plus many are sitting on the sidelines waiting for some sort of validation of the company. So not really sure what your point is. Heck, I would almost bet that if you felt something major was happening and it was addressed at the meeting, you might even buy, like you did right after the Schott news, only to dump after the scary S-8.
Edit Also, those that have been leary to tell friends and family, might finally be inclined to tell them after the meeting. So many reasons why the pps could take off, if the meeting has some positive developments.
Because about a month ago, the pps dropped below the 50ma and turned it from a support line, to a line of resistence. The pps when it has moved up the past month, has not been able to break and close above that line, which would then possibly signal a bigger move up, at least to the next area of resistence which is just below the .02 area. If we break it and hold above it, it also becomes support again and much rather have support around .0146, then .01. The last couple days, we have been above the 50ma, only to see a trade go thru in the last 10min or so and drop us back below it. Today, we were moving up in the last hour, with a trade going thru at .015, then a trade of 250k shares goes thru at .0142, even though it didn't impact the amount of shares nite was showing on the bid, then just 21 sec after the bell, they put thru on last trade at .015. Which most like was filled just before the bell, but posted after the bell, thus not allowing the pps to close above the 50ma. Not sure the reason, but it has been happening the past couple of days of trading.
Unfortunatly, .015. I am typing on a tablet and it can be a bit challenging at times. Sorry
I see they ran a trade thru 21 sec after bell at .15. Most likely trade made before bell, but chose to post it right after bell. Anyone on hear take claim to those shares and if so, what time does your account show them being bought. That kept us from closing above 50ma. Also, the 250k at .0142, which happened 7 min before the bell, didnt change the 145,000 nite was trying to buy at .0142. all tades in last hour were at .0148 or higher(50 ma at .0146), then run the .0142 which didnt impact the bid. Seem they dont want it closing above 50ma, just dont know who they are.
According to filings, OU still owns all 1.8million shares they have owned.
So lets say that there was indeed 7,000,000,000 shares O/S on the record date. How is that reconciled if all those owning shares would receive one 1 preferred share for ever 175 common shares they own? There wouldn't be enough Preferred shares to allow everyone to get their preferred shares.
First off, Management was the one that initially found DTI to sign a LOI. What we really don't know is why the deal fell apart. They list the DTC Chill as a factor. However, they don't list specific reasons the deal fell thru. Maybe DTI wanted to much. So to say that it was due to incompetent management is making claims with no facts to back it up.
Pegs. When a company does either reverse splits or forward splits, the chart is recalibrated for those changes in share amounts. When a split happens, it doesn't impact the market cap. So if you have a market cap of $10,000,000 and O/S of 10,000,000 shares and a $1.00 pps. So a company decides to do a 1 for 2 reverse split. So now, there are only 5,000,000 shares. The market cap however doesn't change so it is still $10,000,000. So to reach that market cap with 5,000,000 shares, the pps must be now $2.00. Now not only is the pps reflected with that new pps going forward, it must also be adjusted for all past trading days. If you look at Microsoft's chart for its entire trading time, it will appear it was a penny stock in the early days. That is not the actual case. I think it started trading in the $20 range(just a guess), but due to all its forward splits, the history looks like it once traded in the pennies. So since the 3dicon traded as high as $3.27 back in 2006, a 1 for 35 spilt took place. So to equate what that pps would look like after the split, and for us to hit that number, with todays trading, you would take the $3.27 x 35, which makes it look like we traded at $114.45 in April 2006, when it was really at the time, only $3.27. Splits impact what a pps actually traded at in the past. Its more based on percent ownership of the company.
Hey, the last time I went to a shareholder meeting, they gave out refreshments, so don't tell me they don't do anything for shareholders.
On a serious note, please let us actually know what they need to do for the shareholders right now. You claim they aren't doing anything for us, but you never actually state what they could be doing differently. We all know they don't have a product in Cspace yet, so we realize there is no revenue, so the pps can't be built up by revenues and profits. They are still in the R & D stage. So though I'd like to see the pps at $1.00+, I'm not sure how you get it their with something you don't have. Now I suppose you can claim Refai and Melnik don't know what they are doing, but others much more credible than you claim otherwise. So I again ask, what can the company management do, outside of working for free, to raise the pps before Cspace or funding is a reality.
Since they moved the record date back a month or so, wouldn't the likely amount of Preferred shares being issued be much higher. Because if anyone owning common shares as of the record date can participate and the fact that the company most likely diluted the stock to a much higher level by the April record date, is it safe to say the Preferred shares issued would exceed 20,000,000 and thus the liability to the company would also be higher than the $4,000,000? The 20,000,000 Preferred shares would equal 3,500,000,000 common shares, but by mid April, the Authorized was near 10,000,000,000 and thus the O/S was probably at least 7,000,000,000+, and that alone would increase the Preferred shares issued to 40,000,000. Do you come to the same conclusion?
What does DTI winning a grant from NASA have to do with 3dicon losing? Last i checked, 3dicon did not go after a grant with NASA. They are preparing a grant proposal with DARPA. So not really sure of your point.
I know Keens bio.
Keen had never been CEO. I think you are thinking of Martin Keating.
Not sure what you are talking about. We have to top level scientist working on Cspace, that work for 3dicon. Also have OU staff that assists. Most likely they have scientist from Scott working on the image space materials. So that is definiately more than one person. Only person that needs to referred to as a Mac nut is you and your lack of knowledge related to 3dicon. Which you have already stated today.
According to patent, color seems to require more output power to energize the particles. I'm thinking lab 1 & lab 2 probably didnt use high powered lasers, which is most likely why image was not bright enough to be seen in lit room. Lab 3 & hopefully the product platforms are using higher powered lasers, evident by brightness of image, which might generate enough power to energize the particles to create multiple colors.
If you read through the patent they outline how to make multiple colors. So i believe they know how to do it, but until they perfect the display, they are just using the most simplistic method.
Management has no control of trading, and not sure why you think it is illegal.
Yes, thanks for reminding us that 3dicon has much more potiential than this company!
You are almost acting like you might becoming a believer. If they nail down one or more of the big grants, dilution will stop and money shouldn't be an issue to getting the technology finished. Be awesome if they could secure $10-20 million in funding. One thing about the Govt, if they pick you, they have no problem giving away a lot of tax payer dollars. Then its on to partnerships and revenue.
Come on now, lets keep the facts out of this.
At least they are getting nothing done with a very highly respected multibillion dollar company. Sure that fits in with a typical penny stock company. Now we've had two quotes from the President of this company that talks highly of cspace. I can live with that for now.
Looks like it was a quiet day on the tdcp front today.
What size boat?
To help raise money to make upgrades to the displays run by cspace and to provide the company with glass products for the displays run by cspace.
I asked you first! No show backs!