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Sunday, December 16, 2018 1:37:06 PM
But then they dropped it, which makes me think Cemtrex was just puffing out its chest to look good, talking the talk but not walking the walk. And the shareholder lawsuit that Pearson't MOX article generated, they settled it for something like 750K.
Cemtrex and Vuzix have a lot in common beyond the AR/VR space, they both did reverse splits, both rely on offerings to sustain operations because neither is profitable, both are heavily promoted by a lot of the same outfits....
I'm sure Vuzix holders are hoping that Vuzix's PPS doesn't follow the same trajectory that CETX has followed since Pearson put out his hit piece on that company, their PPS has gone from $7 before the MOX story in Feb 2017 to less than $1 currently. Pearson's story on Vuzix came out in March of 2018, after the PPS had been pumped up over $11 in January of course.
Here's the article on Cemtrex for those interested:
https://moxreports.com/cetx/
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 (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
- Vuzix Annual Shareholder Meeting to Be Held on June 13, 2024 • PR Newswire (US) • 06/04/2024 03:45:00 PM
- U.S. Air Force Agency Awards Vuzix (NASDAQ:VUZI) Development Contract for Augmented Reality Head Mounted Displays • PR Newswire (US) • 06/03/2024 01:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 06:59:02 PM
- Garmin Collaborates with Vuzix to Develop Next Generation Nano-Imprinted Waveguide with microLED based Display Systems • PR Newswire (US) • 05/14/2024 01:30:00 PM
- Vuzix to Bring New Low Cost, Full Color Waveguides to Display Week 2024 • PR Newswire (US) • 05/10/2024 12:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:01:47 PM
- Vuzix Reports First Quarter 2024 Results • PR Newswire (Canada) • 05/09/2024 08:01:00 PM
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- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 05/06/2024 04:15:16 AM
- Vuzix Schedules Conference Call to Discuss First Quarter 2024 Financial Results and Business Update • PR Newswire (US) • 05/02/2024 03:30:00 PM
- Significant Productivity Improvements Achieved for Client Using Vuzix Smart Glasses • PR Newswire (US) • 04/24/2024 12:30:00 PM
- Global Retailer Expands Its Use of Vuzix Smart Glasses to Support Its Warehousing Operations • PR Newswire (US) • 04/23/2024 04:45:00 PM
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- Vuzix to Delay Filing of Its 10-K Annual Report and Postpone Related Investor Conference Call • PR Newswire (US) • 03/27/2024 09:30:00 PM
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