Sequiam Biometrics (fka SQUM)

[LoanStew]

Jim,
This was another major step in the right direction for Sequiam. Reading the PR, it is clear that this guy is not just "anyone." He has history in the field, knows it forwards and backwards, and his reputation is solid, which could really help bring in major money in outside investors.
There's been alot of talk about the salaries that those who were added in the 4th quarter (or extremely late 3rd) are being paid. So far, based on the performance in the 4th quarter by the COMPANY (remember, the stock will lag company performance by a little until people see the direction turning into good numbers, which I believe is happening in the next 3 quarterly reports), I'd say the money was well spent and will be returned. This quarter we have two major announced actions...the Sharper Image PO which was worth over 500K to the company, and just as a salary is paid over a year, even if not all of the PO will be received in 4Q (though it might), it is clear that this covers quite a bit of salary expense. Further, you have the Fujitsu deal. Have you seen the Annesdiary.com site? What Analystslie posted about registered users? It's not just big. It's HUGE. And that's just PART of the Fujitsu deal. Upon really looking at it, even if the Kwikset deal is large, this one will be even larger still. I think that the company is preparing itself well for a run up through the .21 mark next year, where those who are waiting for the price to hit on those warrants (which infuse the company with more cash) would be able to exercise them. I'm not too worried about the ones at .01 that can be exercised, because while in a short-term sense some of them will block a huge run to .50, 1.00, etc, once they're eaten up, it won't matter. I think the revenue potential for next year is very strong, and that now that, as Mr. Allen has said, the company has turned the page from R&D to sales, they will not disappoint with predicted numbers, but exceed them.
It looks like Sequiam isn't looking to go with penny promoters, they want a real person who has real knowledge of what's going on, someone on the inside of their company.
It's hard not to see how good things are looking for the next 12 months.
IMO/FWIW