no i don't thought you would :)
here is what gene Inger had to say from ingerletter.com
InkSure got a larger contract from the Istanbul municipal bus company. That's really important, as that was one of their largest customers (for the preexisting technology), and the key to that was not adding 250 more units (though they did), but the residual or annuity income that accrues by virtue of continuing to provide consumables for the existing buses as well. The profit margins (we think) are in the consumables (sort of the HP business model; give them a great deal on a printer; make money on the ink).
The shares did not reflect much, but as far as we can ascertain, the press release on this subject came out in Florida (ET) today; so the Tel Aviv market (on which we tend to believe INKS keys) was already closed. It might be a bit more volatile tomorrow. A couple members have inquired about a large pharmaceutical customer for RF chip or similar technology. First of all, INKS did say they had a U.S. pharma customer, but at the request of the customer, did not indicate previously who it was. We have a hunch but won't speculate, as we do not know, and tend to prefer more information before a shot even at an educated guess. As to 'chipless RFID', that isn't augmenting existing technology yet, as far as we know (but they've not said anything; so who knows if the product is expedited; we don't). All we know is the announced March MIT exhibition; a point-in-time where the company hoped to be able to demonstrate the new system. |
