I have seen and experience their live 2D to 3D black box at two industry shows last year. It was unbelievable! The best that I have seen in a long time. They were showing a movie (terminator 2) off a laser disc player. There were two TVs side by side. The left TV was fed their video out directly from the LD player. The right TV was fed the same video out but this went thru a black box. The right TV had an IR transmitter and you wear a pair of glasses to watch the movie.
Result was extremely good! The thing I like about it is the potential market for this. Imagine, no need to deal with master tapes, fees, royalties, etc.. You just pop in the movie you want to watch and viola, you've got the effects. It can also be done for TV broadcasts, cable video feeds, etc...
Hard for me to explain - you have to see it for yrself. They claim to be working on a no-glass required version. I think this will blow your socks off.
They also had an exhibit resembling a video game arcade kiosks. With these the 3D effect were good and no glasses were needed. They had a eye tracking device in the kiosk so that even if you move around abit, the 3D effect would be maintained for the viewer. When I enquired, these were one of the main areas they were targeting. They have signed up with a Japanese firm focusing on penetrating the arcade game kiosk makers with this. It makes sense since the majority of the world's arcade games come from Japan.
My personal expectation is for the stock to take off this year, possibly as soon as mid year. As I understand it, they have been a R&D company for the last several years but now it's payback time for them. So the potential is now there for the stock price to reflect this (much like biotech firms) and when the market discovers this gem, it has nowhere to go but up. They hold several patents in this area of technology.
My last check was that they had 40 million plus shares. At the current price, the whole company is valued at less than US$10M. This is not only ridiculous, IMO, but a highly undervalued situation. (who knows at these prices, they may become a very attractive T/O target by larger firms). |
