noch unentdeckt - VUZIX (Seite 4840)

[Diva]

Antwort auf Beitrag Nr.: 43.211.796 von Stormwind am 25.05.12 15:47:01

es wäre trotzdem gut, wenn sie endlich in die gänge kämen ....


http://www.rbj.net/article.asp?aID=191378&utm_source=twitter…

die sicherheiten, die verlangt wurden, sind scheints echt heftig ...
oder aber es ist alles taktik, ala: lieber käufer, mache hinne, denn wenn du nicht in die pötte kommst, dann schnappt ein anderer zu ....

naja ... noch bin ich guter dinge ... tap tap tap ....

[Stormwind]

Antwort auf Beitrag Nr.: 43.209.977 von Magnetfeldfredy am 25.05.12 09:40:04

Bestimmt nur ein Überbrückungskredit
Gut das es einen Kreditgeber gibt.

Die Party geht erst richtig los .

[Magnetfeldfredy]

Antwort auf Beitrag Nr.: 43.209.906 von Stormwind am 25.05.12 09:26:53

Hier die Finanzierungsdetails:

24-May-2012

Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation



ITEM 1.01. Entry into a Material Definitive Agreement.
On May 19, 2012, Vuzix Corporation ("Vuzix") entered into a Promissory Note and Security Agreement (the "Loan Agreement") with LC Capital Master Fund Ltd. (the "Lender") pursuant to which the Lender extended a line of credit of up to $500,000 (the "Loan"). The Loan may be drawn in multiple advances of no less than $100,000 up until June 15, 2012. All loan advances are at the sole discretion of the Lender. The Loan bears interest at a rate of 10% per annum for the first three months and then rises to 15% per annum on and after the three month anniversary until November 15, 2012. The principal of the loan outstanding along with accrued interest is payable in full on November 15, 2012.

The Loan Agreement contains certain covenants, including but not limited to, payment defaults, defaults in the observance of covenants contained in the Loan Agreement or in other agreements between Vuzix and the Lender, insolvency and certain judgments being entered against Vuzix.

Vuzix has granted the Lender a security interest in substantially all the assets of Vuzix as security for the Loan. The Lender has agreed to subordinate its security interest in accounts receivable and inventory to a security interest granted by Vuzix to its provider of bank lines of credit, of not more than $2,000,000.

The Promissory Note and Security Agreement, is included as an exhibit 10.1 in this Current Report on Form 8-K. Please review these documents for additional information regarding the terms of these agreements.





ITEM 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
(a) (1) On May 19, 2012, the Registrant entered into a Promissory Note and Security Agreement with the Lender.

(2) Pursuant to the Loan Agreement, the Lender has agreed to loan up to $500,000 to Vuzix (the "Loan"). The Loan is evidenced by a Promissory Note dated May 19, 2012. The Loan bears interest at an annual rate of 10% per annum for the first 3 months and then rises to 15% per annum on and after the three month anniversary until November 15, 2012. The principal of the loan outstanding along with accrued interest is payable in full on November 15, 2012. Events of Default include (but are not limited to) payment defaults, defaults in the observance of covenants contained in the Registrant's other Loan Agreements with lenders or in other agreements between Vuzix and the Lender, insolvency and certain judgments being entered against Vuzix.

Reference is made to Item 1.01 of this report on Form 8-K and to the Loan Agreement for a complete statement of its terms.


Dachte schon die gehen Pleite bevors richtig losgeht!

[Stormwind]

Antwort auf Beitrag Nr.: 43.198.629 von Diva am 22.05.12 21:14:39

wow....das sind ja super Aussichten. Jetzt noch ne gute Finanzierung und Aufträge und dann sehen wir hier ganz andere Kurse


Nicht zu vergessen

Vom 16.05
"Trotz des Guten Newsflows ist Vuzix heute kräftig gefallen, und doch eine Übernahme von Vuzix wird immer wahrscheinlicher. Viele Bigplayer der Elektronikbranche interessieren sich mittlerweile für diese zukunftsgerichtete Technologie. Vuzix hat hier einen gigantischen Vorsprung,"

Stormy

[Diva]

VUZIX ist hier in der kategorie "AR Technology Provider 2012" nominiert!!


http://www.augmentedrealitysummit.com/index.php/awards

[Diva]

tap tap tap ...

auf diese melde warte ich der ganzen zeit , denn wenn der CEO schon so deutlich wird, kann es sich IMHO nicht mehr um jahrhunderte handeln ... we will see ...

tap tap tap ...

"...
Travers said. “In addition to exploring options with respect to new debut borrowing and equity financings, the company is also pursuing the sale of certain assets to fund its operations and reduce debt.
..."


http://www.rbj.net/article.asp?aID=191303&utm_source=twitter…

[Diva]

absolut sehenswert

[Diva]

vuzix wird hier immerhin auch erwähnt ...

http://www.wallstreetjournal.de/article/SB100014240527023036…

"...
Google has tentative plans to sell its Google Glass device to consumers starting sometime next year, said people familiar with the project. A Google spokesman declined to comment.

Meanwhile, smaller companies such as Lumus Ltd., Vuzix Corp., Laster TechnologiesSAS and Recon Instruments Inc. are also hoping to convince skeptical consumers to wear unusual-looking gadgets—from glasses that transmit turn-by-turn directions so people won't have to look away from the road while driving, to displays built into ski helmets that show skiers how fast they are cutting through the snow.
..."


ändert aktuell leider aber nix dran, dass der kurs bescheiden ist ....

[Diva]

Augmented reality adds a new dimension to planning decisions


http://www.guardian.co.uk/local-government-network/2012/may/…


interessant

[LongAndProsper]

Vuzix Reports Its First Quarter of 2012


ROCHESTER, N.Y., May 17, 2012 /PRNewswire/ --Vuzix Corporation (TSX-V:VZX, OTC:BB: VUZI, FMB: V7X) ("Vuzix" or, the "Company"), a leader in the design and manufacture of Video Eyewear products that provide users with portable high quality viewing experiences, today reported its first quarter results for the period ending March 31, 2012. Unless otherwise indicated, dollar amounts referred to herein are references to United States dollars. No regulatory authority has approved or disapproved the information contained in this news release.

(Logo: http://photos.prnewswire.com/prnh/20110518/MM04932LOGO )

For the first quarter period ending March 31, 2012, revenue was $2,851,392 as compared to $4,073,109 for the same period last year, a decrease of 30.0%. A net loss of $844,483 or $0.0032 per share was reported for the three month period ending March 31, 2012, versus a loss of $420,306 or $0.0016 per share in the same period of 2011. The gross margin declined to 39.1% in the first quarter 2012 against 41.7% in the first quarter of 2011, caused primarily by the reduction of higher margin defense product sales as a percentage of total revenues. Defense products represented 48.7% of revenues in the quarter versus 78.3% in the same quarter in 2011. Total operating expenses for the first quarter ending March 31, 2012 were $1,571,657 versus $1,825,853 for the same period of 2011, representing a saving of $254,196.

Paul Travers, President, commented, "We have implemented various cost saving strategies including the consolidation of our office and R&D spaces, as well as further personnel reductions. We continue to be very focused on achieving cost reduction and improving our efficiencies. Our continuing liquidity issues, growing negative working capital base, and high interest costs on our debt, continue to constraint our ability to take advantage of opportunities and improve our operating results. The Company continues to be in noncompliance with EBITDA covenants with both of its senior lenders, however these lenders for now continue to work with the Company. Until our liquidity issues are addressed, we will continue to be limited in what we can achieve to grow its business and leverage our technology advances. In addition to exploring options with respect to new debt borrowing and equity financings, the Company is also pursuing the sale of certain assets to fund its operations and reduce debt."


Forward-Looking Statements Disclaimer

Certain statements contained in this release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to, among other things, refinancing opportunities, potential asset sales, debt reduction, improving operating results, the Company's financial position, new opportunities, the Company's ability to capitalize on new opportunities and the Company's leadership in the Video Eyewear industry. They are generally identified by words such as "plans," "seeks," "believes," "may," "expects," "anticipates," "should'" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially from those projected in the Company's forward-looking statements due to, among other things, our ability to raise necessary capital; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the timing of new product launches; delays in product development; and dependence on third parties for certain key components. These risk factors and others are described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

About Vuzix Corporation

Vuzix is a leading supplier of Video Eyewear products in the defense, consumer and media & entertainment markets. The Company's products, personal display devices that offer users a portable high quality viewing experience, provide solutions for mobility, thermal sighting systems, tactical wearable displays and virtual and augmented reality. With its origins in defense research and development for next generation display solutions, Vuzix holds over 48 patents in the Video Eyewear field. The company has won 12 Consumer Electronics Show Innovations Awards, the RetailVision Best New Product and several wireless technology innovation awards, among others. Founded in 1997, Vuzix is a public company (TSX-V:VZX - News, OTC:BB: VUZI, FMB: V7X) with offices in Rochester, NY, Oxford, UK and Tokyo, Japan. For more information visit www.vuzix.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Grant Russell, CFO
[e-mail]
75 Town Centre Drive
Rochester, NY USA
Tel: [phone]