Viking Systems Inc (VKNG)

[FUNMAN]

"Long" potential is flying under the radar, but very obvious.

Yours is a very good question. That's why VKNG hired a PR firm to help them get the word out. See the press release below.



Here's my take on VKNG right now.

Tracking "buys" and "sells" is interesting. Except for today when the 8K came out, virtually 70% - 80%+ trades are initiated as a "buy".

Avg Daily Vol (13 Wks) is ... 137,590 ... not in the millions of shares per day, most traders are looking for.

VKNG's IPO was at the end of 2004. They did a 1 for 48 reverse split January 7, 2008. There are only 58.34M outstanding shares now. For more than 3 years they were not playing games, diluting shares and killing shareholder equity.

VKNG is a PINK aspiring to become a real big company, and act like it long before they are.

$8,000,000 is sales on top of $7,200,000 the year before points towards the company establishing itself in the marketplace.

Bringing out a vastly improved product (2D upgrading to 3D), should yield the same kind of sales results business machine, computer, and cell phone companies have long experienced; all existing customers will eventually upgrade.

Add to that during the next quarter more "paid for" demonstration units in the field pumping up interest and filling the new customer sales pipeline for 2011 and 2012. VKNG could see a 50% - 100% sales bump just by selling a small percentage of the machines they are gearing up to produce monthly.

I like VKNG's lack of bravado that most PINKs can't help themselves from spewing to "dreamers". They will be able to produce and ship 1 machine for every demo unit in the field (approximately 50) every month.

31 systems are projected to ship during Q1 2011. That's happening now. Combined with the prior shipments, that's where the 50 demonstration units comes from.

If they ONLY sell and ship 10% of their manufacturing capacity, that would be 60 machines this year.

That compares with "during the 33-month period from January 2008 through September 2010, we shipped a total of 28 3D systems", and "21 systems shipped in Q4 2010".

So at the 10% number, that's only 1.2 sales per year / per demonstration unit.

Can you realistically believe any distributor would invest in 1 or 2 of the demonstration units for such a paltry return on their investment? If I was the distributor manager, I would never get involved unless I "knew" a market existed for the product.

So if every demonstration unit yielded 1 sale every quarter which is still pretty conservative, that extends to 200 units. I think the reality will be somewhere in between.

I think the really interesting thing to watch will be when we start seeing more numerous "buys" for 10,000+ shares. I think they will be doctors who are using the machines and distributors who are selling them; true believers.

When that starts to happen VKNG will be a slam dunk, but it may not start until then.


AKmoney Share Thursday, February 24, 2011 2:31:06 PM
Re: FUNMAN818 post# 3532 Post # of 3533

Somebody wanna clarify why this stock is only worth about a quarter? With all the big names they are invovled with and the fact that it is only a matter of time before the 3D technology will be a surgery standard makes the price and sad movement of this stock seem like Simple Jack is dictating the price.


Viking Systems Retains Porter, LeVay & Rose, Inc. to Advise on Investor Relations Awareness and Outreach Initiatives

GlobeNewswire
Posted 7:00 AM 02/07/11

WESTBOROUGH, Mass., Feb. 7, 2011 (GLOBE NEWSWIRE) -- Viking Systems, Inc. (OTCBB:VKNG), a leading worldwide developer, manufacturer and marketer of 2D and 3D visualization solutions for complex minimally invasive surgery, today announced that it has retained Porter, LeVay & Rose, Inc., to advise the Company on its investor relations initiatives. Porter, LeVay & Rose, Inc. has more than forty years of experience in investor relations and financial public relations.

Jed Kennedy, President and CEO of Viking Systems, stated, "We are very excited to be working with Porter, LeVay & Rose to help communicate Viking's progress, results and key initiatives to the investment community. As we gain market adoption and penetration with our new 3DHD Visualization System, we look forward to sharing our progress with our shareholders and other members of the investment community. Porter, LeVay & Rose, with its extensive experience in the financial markets, will help us achieve our goals."

Michael Porter, President of Porter, LeVay & Rose, Inc., said, "We are excited about working with Viking Systems and its management team as we begin an active awareness and outreach program that will involve consistent communications and introductions to members of the investment community. Viking is involved in a very exciting industry, and with its recently released new technology, the Company is at a very interesting time in its evolution. We look forward to helping them achieve their objectives."

About Porter, LeVay & Rose, Inc.

Porter, LeVay & Rose is a premier full-service boutique investor relations and corporate communications firm. For 40 years, we have monitored the pulse of Wall Street from our New York headquarters. Our clients, who represent a cross-section of industries, including technology, biotech, medical device, manufacturing, business services and retail, consistently turn to us for the best in investor relations, media and editorial services. PLR achieves results by increasing our clients' visibility, influencing the financial community, and ensuring that messages are accurately articulated and fully disseminated. PLR has worked with clients in the initial stages of the Pre-IPO, non-public/companies, and crisis management. We have been the choice of many companies over the years, and have earned the reputation of putting our clients in front of the 'right' audience. We've been successful at aggressively telling our clients' stories, increasing institutional ownership, gaining media coverage and retaining positive stock activity.

About Viking Systems, Inc.

Viking Systems, Inc. (OTCBB:VKNG) is a leading worldwide developer, manufacturer and marketer of 2D and 3D visualization solutions for complex minimally invasive surgery. The Company partners with medical device companies and healthcare facilities to provide surgeons with proprietary visualization systems enabling minimally invasive surgical procedures, which reduce patient trauma and recovery time. For more information visit the Company's website at: www.vikingsystems.com

This press release contains forward-looking statements. These forward-looking statements are estimates reflecting the best judgment of our management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements should, therefore, be considered in light of various important factors as described in our annual report on Form 10-K under the heading "Risk Factors" as updated from time to time by our quarterly reports on Form 10-Q and our other filings with the Securities and Exchange Commission. Statements concerning forecasts, revenue growth, profitability, production and shipment of units, future financial results, and statements using words such as "estimate", "project", "plan", "intend", "expect", "anticipate", "believe" and similar expressions are intended to identify forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We undertake no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

CONTACT: Viking Systems, Inc.
Robert Mathews, EVP & CFO
[phone] Ext. 8392

PLR Contact:
Linda Decker - V.P. - Investor Relations
212-564-4700

See full article from DailyFinance: http://srph.it/ekSL54