OK, here we go. I got many into this stock, so a little background is in order for these investors.
Dauphin has been around for awhile, and the current CEO, Andreas (Andy), who was formerly a designer for MOT, took control in '94, when the company was 52 MM in debt. It now has NO debt, a factory in McHenry, IL, a 100 MM credit line and a 500 MM contract. Regarding news, etc., the company had to choose one of two paths: register the private placement stock certificates first, or announce the 100 MM credit line first. It chose the latter, filed all the proper documents, and is currently awaiting word from the SEC before it can make any announcements. The 500 MM contract is with an EU country, and is to be announced by them, not Dauphin. Daupin owns the technology and has kept all the licenses, and is free to enter into a contract with any other country, etc.
The new CFO reported to work yesterday, is a 21-year veteran with Grant Thornton and has experience in turning companies around.
What is the Orasis?
The Orasis is a wireless computer approximately 9" x 12" that works with a pen, a keyboard, voice recognition, laser scanner, virtual reality glasses, you name it. A modular clip is attached to the back - which has 244 signals which terminate at the back - patented - which allows the individual company/entity who buys the system to adapt it to its needs. There are many attachments to choose from: CD-ROM, DVD, Smartcard, plugins, multiple hard drives, extra battery packs, telephone, whatever you want. Orasis has 2 battery packs, so when you sway one, it continues to run and thus has no down time. It comes with all kinds of ports for fax, phone, GPS, scanner, video circuits, a cute little digital camers, USB, PCI. It has a speaker and a mike, cellular modem, can plug into your car's cigarette lighter, can connect to a laptop, TV, can run 4 hard drives at once, works with any OS - be it DOS, Windows, NT, Linus, Unix. (I forgot to ask about the Mac, but am sure it will. In any case, Mac OS X is Unix-based.)
It runs on a Pentium II 266 MMX. As newer microprocessors become available, they can be adapted. Can hold up to 256 Ram.
It comes with a leather case they invented that has a long shoulder strap as well as 2 straps which can affix it to one's arm. In the opening demo video, it was used as "Scene Pro" - crime scene. A cop or forensic person, wearing the virtual reality glasses, a headset, and a laser scanner with the computer and a wireless pen, could take note of everything in a crime scene, print out those little UPC thingies which label the evidence, dictate notes, get dimensions with the scanner, etc., etc. Really cool.
In the demo of the actual computer, they had this little computer on the internet, sending the display to 2 large screen TVs, and running 7 AVIs in the background. The CEO then demonstrated the handwriting and voice recognition features - uses Dragon Software from off the shelf.
They will market this system to businesses, governments, military - 100s of uses.
This modular system makes adaptations and upgrades simplistic. They are US - made, in Illinois.
Next post will be about the STBs. |
