InvestorsHub Logo
icon url

Computerbux

10/04/17 4:21 PM

#33809 RE: light1soldier #33806

Knightscope isn't even our competitor. They released an PR saying they weren't able to raise the capital they needed. They're already a ton in debt and haven't even paid the IPO fees yet which are about 20x our total debt. They had an accident with a child and a fountain......total disaster.

Meanwhile, we have a working product being deployed to F500 companies with multiple contracts and hit the ground running.
icon url

JustJack

10/04/17 4:35 PM

#33813 RE: light1soldier #33806

This is from Knightscope's SEMIANNUAL REPORT PURSUANT TO REGULATION A dated on September 28, 2017.

For the six months ended June 30, 2017, the Company realized gross profit losses of $910,943. During the same period in 2016, we previously reported positive gross profit of $74,581; however as noted above, the calculations used to derive this 2016 figure were incorrect due to the incorrect application of the generally accepted accounting principles pertaining to assignment of cost of services.

Knightscope isn't a publicly traded company....It's a series M offering


I have concluded that Knightscope is not a threat to us.
icon url

kid biscuit

10/04/17 5:27 PM

#33818 RE: light1soldier #33806

Agree, have noticed how quickly strength is sold into to. After using my weekly chart from the end of Aug 28, at which point we were at aprox 90 mill, the following trading volume of 135 mill will mostly in my opinion be raising capital, with aprox 200 mill shares in the float at this point. Of course this is why it couldn't break past .09 last week. It seems to have made a double bottom today temporarily, but who knows exactly what is the mind of the CEO and his exact game plan? They certainly have some smart minds as a team now which does give them some serious merit going forward. We will see.
icon url

kid biscuit

10/04/17 5:31 PM

#33819 RE: light1soldier #33806

This should place a market cap on OMVS today at 11-12 mill.
icon url

Lollerskates

10/04/17 5:56 PM

#33821 RE: light1soldier #33806

lol knightscope has a market cap of 110mil after their round closes. They're offering shares that cannot be traded until they go public or get bought out.

RAD has a market cap of about 7mil. Produces bots that are much cheaper and have higher profit margins. Bots that also serve a much more practical use. (Critical infrastructure vs malls/arenas)

Which would you rather invest in?