Intelligent Ultrasound Share Discussion Threads

[thecurrymonster] 20/11/2008 10:34

lol - I guess he'll get nothing - there's no cash left...

[wild bill] 20/11/2008 10:28

I wonder how much Kazuhisa Okamura will get paid for 2 days

[thecurrymonster] 20/11/2008 09:04

Looks like Kazuhisa Okamura should have spent a bit more time on due diligence before taking the job. And somebody should also be asking the question why MED were trying to expand when there was no funding in place...

Hyper Al - I hope you haven't lost too much on this one.

[hyper al] 20/11/2008 08:52

TheCurryMonster

I hadn't taken in that RNS, just the suspension one.

Oh well this is the first company I have held when going into administration.

[hyper al] 20/11/2008 07:51

Good news

We are suspended.

I'm glad to say, I'm holding.

Good luck all holders

[thecurrymonster] 18/11/2008 23:50

TCM - have you dipped back in then?

I'm afraid not Wild Bill - it's hard to believe now that this was one of best investments a couple of years ago. I sold the last of mine at about 30p (from memory), which was around about my avereage purchase price. I've kept an eye on things since then, but I've not been tempted back in. A punt at these prices could be very profitable if the company survives, but that is looking increasingly doubtful now.

I'm watching with interest, and I genuinely would like to see the company succeed, but I've currently got no position.

[chocaholic] 18/11/2008 21:55

The idea may be a winner but without money it cannot reach the finishing line.

[hyper al] 18/11/2008 19:34

LOL

In my eyes this is a winner, I really do not care about the alternative view, well not in the case of this company.

Good luck all holders!

[thecurrymonster] 18/11/2008 15:53

Presumeably he has some idea of the financial position of the company. Perhaps they've secured some funding from somewhere?

I see that somebody has been buying yesterday as well:


That's either daft or he knows something. mind you, his stake of 1.18% of the company is currently only worth about three grand...

I guess it might be worth a punt, just in case they pull a rabbit out of the hat in the next couple of weeks...

[chocaholic] 18/11/2008 15:36

Do you think the new "Vice President of Sales - Japan" knows the financial position of the company he has just joined?

[thecurrymonster] 17/11/2008 13:18

Let's hope Vuzix have an alternative supplier lined up, because unless MED manage to re-finance the business in the next month, they are going bust...

the Group's existing cash resources are likely to be exhausted by mid-December 2008.

[findochty] 17/11/2008 12:18

New application
eyescreen® microdisplays deliver the big picture for Vuzix(TM) iWear®
New video glasses use tiny P-OLED displays to match viewing experience of 44-inch screens

Edinburgh, UK 14 November2008 - As one of the first commercially available ranges of video glasses, VuzixTM iWear® is using the eyescreen® full-colour organic microdisplay from MicroEmissive Displays to deliver large-screen viewing experiences to its new AV230XL device.



The new video eyewear uses MED's microdisplays, which are similar in size to the human pupil, to equal the visual effect of a conventional 44-inch TV screen. The glasses can be connected to almost any video device such as a personal video player, cellphone, PC, or game terminal, and will enrich the user experience on offer from innovations such as mobile TV, video telephony and virtual reality. The sub-$200 selling price will open up exciting video experiences to a broad consumer market.

"eyescreen® has played a major role in enabling Vuzix to realise its vision and deliver this new addition to the iWear range successfully to the market," said Bill Miller, CEO of MED. "This will create powerful new ways for people to enjoy many types of media and virtual reality, and I am delighted that MED has provided important technology to make it happen."

The new AV230XL will allow consumers to experience the full richness of games and media wherever and whenever they like. MED's advanced technology solutions and expertise with microdisplays has been critical to Vuzix achieving their product performance goals.

MED's Polymer Organic LED (P-OLED) technology is crucial to achieving high visual performance with an ultra-small form factor and low power. With integrated driver ICs as well as a digital interface to the host system, the eyescreen® microdisplay also solves important integration challenges for product designers and accelerates time to market.

– ends –

[thecurrymonster] 06/11/2008 15:56

Still no news?

Five weeks to go and counting...

[gninraw] 30/10/2008 12:47

This is the market that the clowns at MED have been saying will be their saviour after the gamble to put all their eggs into the Head Mounted Display basket failed. Management at MED should never be allowed to work again!!

[thecurrymonster] 29/10/2008 15:10

...a key element underpinning these cash flow forecasts is the completion of a corporate transaction to re-finance the business. Although the directors are in discussions with interested parties, there can be no certainty that a transaction will occur, and should it not go ahead, the Group's existing cash resources are likely to be exhausted by mid-December 2008.

Any news yet?

Even if there is a last minute corporate re-financing, anybody who's holding now will be diluted out of existence.

Six weeks to go and counting...

[gninraw] 28/10/2008 16:53

Microemissives' stock is now worth less than the CEO's annual salary.

[hyper al] 21/10/2008 13:13

Investors are still buying

[gninraw] 30/9/2008 08:15

I refer you back to my post #728.

[gninraw] 30/9/2008 08:06

The board of directors still managed to take a 7% pay rise, and the CEO took a £30000 pay rise in the last 9 months. Wonder how they managed to justify that?

If they are openly saying that there "can be no certainty that a transaction will occur", then my guess is that a deal has already been done, and this is designed to trash the share price even further so that a "last minute" rescue plan seems fantastic to share holders who will welcome it with open arms......, and at a rock bottom price.

Believe me when I say that these people are self serving and don't give a cr*p about share holders.