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And it is also a fact that one is innocent until proven guilty.
In the million dollar question is, just how pretty is this new partner.
And it may surprise us all and may end up being the best!
Real nice patent portfolio. This should lead to even better things.
When I say implant sciences of course I am also including platinum.
Time will tell. Implant Sciences did their due diligence. If they wanted another one of those companies they could've made an offer. They have said nothing about the fact that they were interested in another one of these companies. They have also said that the French military and the US military has already shown interest in the Zapata products.
First off doesn't look like much competition to me. Secondly it has been stated that Zapata industries will be suing several companies in the US for patent violation.
This video is impressive. In front of a large crowd and no camera cut away during landing.
I think you meant to say:
Also the fact that they have not yet had demonstrations in the states is HUGE!!!! wait til the general public see's this product.....
And that is on top of heavy R&D expenses developing for future products and patents.
You say they have not found a buyer. They have between two and nine interested companies in acquiring the ETD business. They are likely to win some big deals over the next few months and will get more for the company than would've a few weeks ago.
Heard the story today, bought shares. Very impressive company. I believe big things ahead.
And it won't be Pink for a long.
My guess is it's a done deal. So they need a shareholder vote. Who owns most of the shares? The debtholders. They already know what they're going to get from one of the highest bidders at a minimum. If anything it will be more than that as they win some more deals and possible certifications.
Give me a break. You don't think Bob added value to landing the IMSC deals with the TSA and around the world? He and Bill are widely respected and known in the industry.
Anyone who knows anything about business knows that it's not just who you know--but you also need a product or solution that is better than the competition in order to increase sales. It looks like the company you are referring to this Viscount Systems and is involved with access control and telephone entry solutions. The number of companies and competition in that sector is quite large. And the differentiators, are probably fairly small. There is absolutely no comparison between those solutions and what the future of Zapata may bring.
Thanks for sharing this. It's a very interesting article and be sure to watch the two videos. One of the plans to make a military cargo platform. And the other showing the potential of a medevac in remote locations. This company has a lot more than kids toys in mind. And with Bob's connections throughout the federal agencies it should make sales much easier.
You are correct, pass all of your comments on to Glen with investor relations. He gets everything communicated to the company and back to us as much as possible. Looking forward to the call this week to learn more.
So the bottom line here is that people that are panic selling are not taking advantage of the true value of the company correct?
That corresponds with the conversation I had with Glenn as well on Friday. And I clarified that the stock price has nothing to do with the value of the ETD business or conversely our investment as shareholders. There's a likelihood that they will win some more contracts and add value to the ETD business prior to it being sold over the next few months. That cash will pay off all the debt and the additional cash remaining will go into the new company. The value of the new company will increase based on the price that the ETD business gets during the sale. So assuming all this goes as planned and that of course is an assumption, those panic selling here are not taking advantage of what the true value will be in a few months.
Why would a French company want to be based in the US, and why would they want to be part of Implant Sciences, the reasons are clear. By being a US company it's easier to sell into the US federal agencies and having Bob heading up the company opens up a lot of doors inside the federal government.
Not sure if this article has been posted yet, but very interesting.
http://www.gizmag.com/zapata-implant-sciences-purchase/44460/
I am told that the company has rethought the position of a press release and is setting up a call. Not sure if they're going to do both or not but apparently they are planning a call.
I am told they are compiling a response to all questions asked by investors. Likely via a PR. Yes they should have had a call yesterday.
I agree totally, and all those who sold yesterday will have egg on their face.
It appears all the panic selling yesterday were people who could not see the forest for the trees. Bob is no schmuck, he is the former assistant secretary of DHS. Just what do you think his Rolodex looks like? I think a lot more will be clear when the company puts out the press release with the responses to all of the questions people have. The fog will raise above the forest and many will likely see the sun shining down at that point.
Someone tell me what I am missing here. They couldn't sell the company for the price they wanted. So they win some more contracts over the next few months and sell the ETD company for even more money than before which was the exit goal for most of us here. Then we own the new company which likely has a lot of potential for a lot of applications worldwide. What am I missing here?
And what was that famous meeting at the golf course about? Building floating golf carts?
Exactly, you hit the key points.
Yes, at first when I saw this French technology I was thinking what does this have to do with Implant Sciences. But apparently Bob's contacts within Homeland security and the military could pan out very nicely for this, and it has several different applications.
But wait there's more! Look what just came out now.
Who says a buyout his been ruled out? Read one of the paragraphs in the press release. It said the debt restructuring was vital to strategic talks.
"The company believes that securing the debt extension is a vital part of any process to explore strategic alternatives in the ETD business." They must've received feedback from the interested parties that the debt had to be cleaned up prior to moving forward.
The maturity of the BAM note has been extended as well from June 29, 2016 to October 30, 2016. The same extension dates as the other one.
The press release just came out--the credit has been extended--they continue strategic talks and the extension provides for the conversion price for its September 2012 convertible promissory note which was reduced from 1.09 to .19 per share for up to $7 million of obligations and the remaining conversion rights under such note in the February 2013 convertible promissory note were waived.
My hopes have been up for something like 12 years. I'm not backing down now! The million dollar question is what will the press release say!
I'm placing my bet that we have an after hours press release today!
It is absolutely not BS. Investor relations is just passing on what the company tells him. This is a fluid situation. Given the activity we are seeing today on the filings I expect we are finally very close to something.
So what does all this mean exactly?
Yes Implant Sciences knows. They have been the ones giving investor relations the information. Obviously it is a very fluid situation.