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Monday, 10/29/2018 10:24:48 AM

Monday, October 29, 2018 10:24:48 AM

Post# of 7426
Enough is enough, I think it’s time for BIO-key management to come out and directly Address share holders reasons for the market selloff and complete collapse of the share price of BIO-key.

The company has overwhelming insider support which includes over 50% of the outstanding shares being held by insiders yet the stock price continues to collapse. What I find even more troubling is that the insiders that have taken this majority position in the outstanding shares available have done so had a significant premium, $3.60 per share. Why the disconnect?

Management continues to reiterate upside guidance for 2018 which I believe also includes profitability. Why do we have sellers bailing out that this historic low price?

We are maintaining sails guidance and upside sales guidance for 2018, so the question really needs to be asked, what is it that investors know longer believe. Marketing, the individuals that I would hold responsible for promoting the future direction, market opportunities and strategic marketing plan for BIO-key has clearly failed at communicating an executable marketing plan and direction and therefore the time has come to make a change.
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