Vuzix Corporation (VUZI)

[growacet]

I think it relates to the earlier S3 filing....

Not 100% sure but I believe it means they can proceed with the shelf offering. If true the recent news and ASM make sense and seems to follow the way Vuzix operates. Basically the way I see it the modus operendi is they try to generate excitement about forward looking (thus non-material) developments, and then sell shares to greedy investors who think they're getting in early....

The ASM to my tired old eyes was a real...well it was a certain type of show, but I won't say what kind of show as I'm not given to profanity. Spotty WiFi being blamed (like CES when Blade was intro'd), the CEO interruping the young guy doing the demo....then the guy from Plessy repeatedly asking: "Can you hear me"??? Total amateur hour imo.

The worst or best (depending on your perspective) was when the CFO tried to answer the question about when the company would be EDIDTA positive...talk about verbal gymnastics, maybe/possibly/could. I want to watch it again just for that part....but I don't think its available for re-veiewing anyhwere yet. If I'm in charge I would burn it and never let it see the light of day again.