Saturday, October 01, 2016 11:04:37 PM
Why? Because they diluted the living hell outta shareholders....with over 265,000,000 shares issued and outstanding back in 2012. If you're gonna issue that many shares you better have some outfits pumping the stock.
Then in Feb of 2013 they do a 1:75 reverse split...brought the total outstanding down to just 3.5 million odd.
And now? Already back up over 17 million....do you sense a pattern? Each time the pumpers say "oh, but this time is different" "now they're pivoting into a profitable company".
They're entering their 3rd decade and have never made money....so sure, this time will be different...
If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.
Recent VUZI News
- Vuzix Shareholder Letter Highlights Key Developments that Position the Company for Significant Market Success • PR Newswire (US) • 10/02/2024 09:00:00 AM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 10/01/2024 08:02:49 PM
- Vuzix Targets Additional OEM Business Opportunities on the Heels of Its Recently Announced Strategic Partnership and Investment • PR Newswire (US) • 09/26/2024 01:15:00 PM
- Vuzix Receives $10 Million First Tranche Investment from Quanta Computer • PR Newswire (US) • 09/16/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/16/2024 10:30:17 AM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 09/12/2024 08:15:44 PM
- Quanta Computer Enters into a Strategic Investment in Vuzix in Support of Long-Term Waveguide Design and Supply Partnership • PR Newswire (US) • 09/03/2024 12:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 12:10:36 PM
- GPS TUNER Selects Vuzix (NASDAQ:VUZI) Z100 Smart Glasses to Bundle as a Heads-Up Display for Their eBike Software Offerings • PR Newswire (US) • 08/16/2024 12:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 06:08:29 PM
- Vuzix Reports Second Quarter 2024 Results • PR Newswire (Canada) • 08/14/2024 08:40:00 PM
- Vuzix Reports Second Quarter 2024 Results • PR Newswire (US) • 08/14/2024 08:40:00 PM
- Vuzix (NASDAQ: VUZI) Employs New Micro-touch Imprinting Process to Increase Optical Waveguide Performance and Production Throughput • PR Newswire (US) • 08/13/2024 12:00:00 PM
- Vuzix (NASDAQ: VUZI) Introduces M400 Xtreme Smart Glasses for Use in a Variety of Harsh Workplace Environments • PR Newswire (US) • 08/12/2024 12:15:00 PM
- Vuzix Schedules Conference Call to Discuss Second Quarter 2024 Financial Results and Business Update • PR Newswire (US) • 08/01/2024 06:00:00 PM
- Vuzix (NASDAQ: VUZI) Wholly Owned Subsidiary Moviynt Receives New Key SAP Certification • PR Newswire (US) • 07/30/2024 02:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2024 12:17:30 AM
- Leading Asian Hospitals Use Vuzix (NASDAQ:VUZI) Smart Glasses to Enable Next Generation Surgical Instruction • PR Newswire (US) • 07/01/2024 01:30:00 PM
- Vuzix (NASDAQ:VUZI) and Avegant Announce Strategic Partnership to Develop Full Color Optical Reference Design for AI-Enabled Consumer Smart Glasses • PR Newswire (US) • 06/20/2024 02:45:00 PM
- Vuzix (NASDAQ:VUZI) and Avegant Announce Strategic Partnership to Develop Optimized Optical Modules for AI-Enabled Smart Glasses • PR Newswire (US) • 06/19/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 08:10:05 PM
- Vuzix (NASDAQ: VUZI) Announces Its Intention to Offer High Durability Plastic Waveguide Design and Production Capabilities • PR Newswire (US) • 06/18/2024 01:35:00 PM
- Vuzix (NASDAQ:VUZI) Revolutionizes the Display Technology Industry with Introduction of Large Format Waveguide Design and Manufacturing • PR Newswire (US) • 06/13/2024 01:31:00 PM
- Vuzix (NASDAQ: VUZI) Continues to Receive Smart Glasses Reorders from Xander to Meet Rising Demand for Their Award-Winning Captioning Glasses for the Hard of Hearing • PR Newswire (US) • 06/10/2024 01:31:00 PM
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Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM