CVIEW, my full opinion, distilled to a brief format, is this:
Full DD reveals that SEVU is as advertised.
SEVU has excellent products with mutliple applications that duplicate functions that can be found elsewhere at a fraction of the price available anywhere else
SEVU's patents and trademarks are REAL and I have read them fully on the Patent and Technology Office's website.. The reason I can't post links is because the USPTO's website will signal a "session has expired" page because when one accesses their "tess" (copyrights) and/or "tarr" (patents) database, the URL generated times out. In addition, I am loath to give the bashers material to use against us.
This protection, which is thorough, gives SEVU protection against a large company coming in and simply making the same things for a similar or lower price.
SEVU has a tremendous future potential and is suffering growth pains. It is having problems any company wants to have, which is more business than it can handle.
Growth in one year of 2300% would cause any company problems. In addition to the sheer logistics and structural changes involved, this also entails enormous cultural change, something many people resist due to the comfort factor.
We're alresdy seeing the beginnings of the structural and cultural change. The new COO is an example and constitutes an open recogntion by Rich that he needs help. This is very good and it means that ego and pride is not confusing his business judgement.
In addition, SEVU is having production problems butit is the problem we want it to have--not being able to meet demand with patent protection preventing losing the market at a unavailable-anywhere-else price point. This gives SEVU time to solve this problem.
In addition, R & D is continuous. Constant product introductions and improvements means that no laurels are being rested upon. Constant improvement is vital and is obviously already part of SEVU's business culture and habits. This should be formalized during its growth period.
Also, management seems up to the task. Remember who SEVU is doing business with. If something was wrong, this type and caliber of customer would demur, at best. In addition, management seems to understand the necessity not to betray any confidences, especially important in the VIDEO SURVEILLANCE business for obvious reasons.
About the market: The bull took a vacation starting last spring due to oil price problems and the FED going overboard with interest rate hikes. The bear has predominated ever since. This is why shorts have been having a field day. Remember, they thrive on doubt and fear--commodities in ample supply in a bear market. In addition, SEVU is a VERY ATTRACTIVE shorting target, as the amount of attention devoted by paid bashers on RB clearly indicates. About A@P, my other posts explain my viewpoint on this individual. When you add the ENORMOUS problem of the recently-concluded election crisis, UNCERTAINTY (which the Street hates) and the spectre of a recession, all the pieces fit into place, with the bottom line being that SEVU is being buffeted by forces that are far larger and is NOT TRADING on its actual merits or potential as a result. The thing we have to remember is that this is an OTCBB stock and is therefore vulnerable to manipulation and misunderstanding in a way that listed stocks, especially well known and/or blue chip stocks, are not. It's an unpleasnant fact of life that we put up with because the upside is so much greater than it is for companies whose market presence is currently long term and mature.
About AMEX, it is in the late stages of being processed. We have not been rejected. I am optimistic.
What is needed for this to change: First and foremost, SEVU has to remain focused and continue its already-in-progress evolution, Without this, nothing else matters. We must see the climate change on the Street. This is going to require CERTAINTY as such, political and legal, action from the FED, the perception that any slowdown will be relatively brief and shallow, and favorable events in Washington at the minimum. An AMEX listing will put the bashers largely out of the picture and facilitate institutional buying, which is GOOD because institutions generally make fact-based (as opposed to emotional)decisions, in addition to having deep pockets.
To answer your question, this is why the "Great December" we had every rational reason to expect has not materialized. I think that ultimately it has been delayed.
IMO.
JMHO Bulldop01Toror