Sequiam Biometrics (fka SQUM)

[analystslie]

Up until recently Sequiam has been completely in R&D and spending money. However, they just began deploying products in mass with very big name companies/partners. Up till this point they have been burning cash and serious investors understand R&D and the huge amounts of cash that is required from companies that manufacture as well as sell their own product.

Continue to do DD on this company and I hope you will be impressed.

If you have any questions we will be glad to answer appropriately. Hopefully you understand penney stocks and speculative investments.

You do understand the current outstanding shares?.

Fully dilutive shares and authorized shares?

A few on this board only want to discuss dilution which many of us understand especially when a company is issuing stock in the appropriate manner with a solid business plan.

At this point, the company should be at the turning point with sales forthcoming that will justify a market cap based on comparable companies. Hopefully breakeven results will be reported within the current quarter i.e. 4Q 08.

The Christmas shopping season is very important to Sequiam at the present time. They have alligned themselves with some big names and the products are accepted by the consumer 2008 could be one heck of a year for this company.

Pay by Touch just recently announced they were getting out of the biometric business after spending $450 million over the past year. As a comparable to Pay By Touch Sequiam has been able to accomplish this for basically nothing.

Sequiam at this point based on current debt and capital structure looks very good to me but then again we need revenue to back this up. From the trend they have set over the past two quarters it seems to some of us we do see the light and it is not a train.