ImageWare Systems, Inc. (IWSY)

[awalkinthesun]

Subs,

Cash burn is always a concern but with Goldman holding so many shares and his HILL position made him some decent $ (Hill was acquired) I think they will find the cash. Question is when will a pilot convert? That has been truly frustrating.

I don't understand how anyone can place a valuation on this company based on the fact this model is new and the pricing is really unknown (aside from ranges). I continue to believe the market is looking at Miller and team as a joke, and think none of the partnerships will pan through. That said the stock will skyrocket if a few pilots go thru as proof of tech is then achieved. How low do you think this will go?