SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PCTR-Perceptronics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DaveS who wrote (654)7/9/2000 4:37:05 PM
From: DaveS  Read Replies (1) of 710
 
It would be nice to see the stock price higher; but the success of the company is much more important. Since the end of February, when the stock price hit $2.50, the company has made many important announcements. Looking back over the past several months the highlights are:
March 15th: $3 million Egyptian contract.
April 18th: Joint IC3D project with Heavy Industry.
May 4th: IC3D/Wyth technology for Flash and Shockwave.
May 22nd: Approval for sale of PGTS division.
May 30th: Partners with Stan Lee Media to deliver new collaborative entertainment for the internet.
June 27th: Awarded $300,000 Contract for HLA Research.

Of course a legitimate concern is the "severe liquidity problem". This has been a problem that Perceptronics has struggled with for the past 10 years. However, I think that the critical nature of this problem is lessened with the sale of the PGTS Division (which provides for the assumption of the liabilities and debts associated with this operation and will also pay royalties with respect to the Egyptian and other PGTS contracts). Also the $300,000 HLA Research Award is a very timely and welcome source of working capital.

I thought the Stan Lee Media strategic alliance was an exceptional move for Perceptronics. "Perceptronics will showcase its' collaborative interaction capabilities from IC3D/Wyth for Animation with Stan Lee Media's global branded entertainment content in games, environments, e-commerce shopping and other content using Macromedia's Flash and Shockwave. THE APPLICATIONS WILL BE DEVELOPED AS PROJECTS FUNDED BY STAN LEE MEDIA .........." (capital letters added by me for emphasis) Perceptronics will showcase and develop its' IC3D technology with Stan Lee Media's funding ......... this is a brilliant move for a company short on cash. IMO

A statement in the June 26th announcement gives much reason for optimism. " ..... we established working contacts with many more Internet companies. We are confident these alliances and contacts will lead to revenue producing application development projects using the IC3D Framework in the near term, and will be of great help in launching and marketing "shrink wrapped" IC3D Framework products".

Our account balance on the February Brokerage Statement was great to see. However, I feel that the accomplishments that the company has been able to make over the past 4 months even exceeds expectations. I admit that I am a biased supporter. I have suffered through ten years of ups and downs and now feel there is substantial reason for optimism.

What do other followers think?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News