InvestorsHub Logo
Followers 99
Posts 2761
Boards Moderated 2
Alias Born 02/10/2004

Re: None

Monday, 04/26/2004 9:46:00 AM

Monday, April 26, 2004 9:46:00 AM

Post# of 27550
SEHO:

I spoke to SEHO IR this morning. Essentially, what I got from the conversation was that they've withdrawn their SB-2 in order to consider a private placement on more favorable terms.

They've also just begun to discuss potential liscensing of their biometric vehicle patent with existing customers (FedEx and AA) and have initiated contact with some of the major vehicle manufacturers.

I didn't get anything too concrete from the conversation; but IMHO these general developments are worth more than the current $6M market cap.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.