If we can reach the market with a higher volume of product then perhaps its the jumpstart we needed all along.
any opinions?
------------------
CashCow
im gonna be pissed! i dumped $3,000 into this.....i dont want to jump the boat because i am down, but im afraid if i hold for "the big bang" ill be hurting even more.
part of me still thinks we will pull out and be ok this summer
quote:
Originally posted by CashCowMoo:
With the delay in distributing the VKB I believe that IBIZ will be able to allow their inventory to accumulate rapidly. This seems to be something overlooked by many. Perhaps this negative delay will transform into a positive influence in PPS.If we can reach the market with a higher volume of product then perhaps its the jumpstart we needed all along.
any opinions?
I wrote ED from IR today, because someone had posted something similar to this on the RB boards today, so I wanted to verify it for myself. This was Ed's response.
"According to Ken Schilling, President and CEO of IBZT, the company will not accept further shipments of the virtual keyboard until the manufacturer, Enterprise Capital, obtains the necessary certification. It is the responsibility of Enterprise Capital, as manufacturer of the keyboard, to obtain the approval."
My thoughts.( poorman )
I'm only in this a couple of thousand as I don't keep most of my investments in penny's but I know some people are in this heavy. I have one friend in at about 35,000. I've never felt real good about this stock hope the get it togeather soon.
[This message has been edited by poorman (edited May 22, 2004).]
does anyone have any info on the other IBIZ prodcuts that are not the VKB? what is the time frame for them to come out? this summer perhaps?
and then the PPS falls.
then KS says it has to go through certification.
now he says they will not take anymore shipments from the manufacturer untill there is certification.
i don't know but I call BULL S**T!
KS has taken no personal responsibility for anything, passing off his lame excuses and delays.
a CEO is the top man. the top man takes the credit when things are good and takes the responsibility when things are tough.
since he can't take responsibility for problems that come up he will not be able to take credit for the potential success.
it was posted months ago that KS was not the man to put your money on, i put my money on the keyboard and the other products like Bluedock.
fact is these products cant't and will not come to market unless KS steps to the plate, i just do not think he is capable of the hard work and commitment that it takes to see a project like this through.
all of this is just my Jacka$$ opinion based on the events of the past.
I post this with the utmost sincerity.
all of us who held on to IBZT understands your frustration. But focus on why you bought IBZT in the first place. Did you get in for a quick buck? Or did you invest knowing the potential it has?
That being said, your posts may very well do more harm than good to the PPS of IBZT. In essence, you're throwing your own money away, much to the glee of bashers who'd then be able to gobble up IBZT at your(our) expense.
Why don't you channel your energy and frustrations to doing DD on IBZT? Try to find contact information for Enterprise Capital or call the FCC on the filing.
You're working for the military. I am sure you'll be able to procure a favor from one of the military personel stationed in Arizona. Ask someone who is stationed close or lives close to IBIZ to pay the company a visit. Find out the current situation. See if indeed there are boxes of the VKB all ready to be shipped.
I am not defending Ken in any way, but I would like to share a piece of information with you.
I have (and some investors too) received email replies from Ken time-stamped after 11pm pacific time. It led me to believe that they are working long hours.
Getting back to doing the DD part. If, after doing all the DD you could and still find that IBZT is not worth investing, it may be better to take a loss and move on if you can't afford to wait any longer.
All in all, best of luck to you.
quote:
Originally posted by Bagram:
well we all waited for the announcement of shipping.and then the PPS falls.
then KS says it has to go through certification.
now he says they will not take anymore shipments from the manufacturer untill there is certification.
i don't know but I call BULL S**T!
KS has taken no personal responsibility for anything, passing off his lame excuses and delays.
a CEO is the top man. the top man takes the credit when things are good and takes the responsibility when things are tough.
since he can't take responsibility for problems that come up he will not be able to take credit for the potential success.
it was posted months ago that KS was not the man to put your money on, i put my money on the keyboard and the other products like Bluedock.
fact is these products cant't and will not come to market unless KS steps to the plate, i just do not think he is capable of the hard work and commitment that it takes to see a project like this through.
all of this is just my Jacka$$ opinion based on the events of the past.
sorry about that one RACE FANS! i couldn't resist!
out like a fat kid in a dodgeball game
out like a fat kid in a dodgeball game
iBIZ Technology Corp. Reports Second Quarter Financial Results
Quarterly Sales Reach Two Year High
PHOENIX, May 13, 2004 /PRNewswire-FirstCall via COMTEX/ --
iBIZ Technology Corp. (OTC Bulletin Board: IBZT) announced today financial results for the second quarter ended March 31, 2004. The Company reported sales revenue of $434,000 for the quarter.
"Our second quarter product shipments surpassed the combined revenue of our last two fiscal years," said Ken Schilling, President and Chief Executive Officer. "In February, March, and April we broke two year records in product shipments and sales volumes. Sales continue to remain strong as a result of the attention the company has garnered through the introduction of our new products. More importantly, iBIZ is well positioned to experience continued growth as we begin to fill the back log of orders we have for our exciting new products and as we begin to introduce new innovations."
"We believe we are on the verge of receiving FCC and Laser certifications, which will allow us dramatically increase revenue and expand relationships with major retailers," commented Mark Perkins, Executive Vice President. "Once this occurs, we believe that many new retailers will want the Virtual Keyboard. In addition, future revenue growth will occur from our higher margin, web-based sales, which have already contributed to sales increase we are seeing. If overall market acceptance is any indication, the line-up of products we plan to release throughout the year clearly has the potential to allow us an exponential increase in sales volume."
------------------
CashCow
Speculation: IBZT is buying back shares at these reduced prices with that $400K increase in revenues and when they are done they will petition the Berlin exhange to remove their listing.
OR:
IBZT is just too damn busy to try to get delisted. RNKE and a few others were delisted within a week of requesting it. IBZT was contacted quite some time ago about their listing yet have done nothing about it.
Just hang in there, it will ge back up soon.
[This message has been edited by MOSES2 (edited May 23, 2004).]
[This message has been edited by MOSES2 (edited May 23, 2004).]
[This message has been edited by MOSES2 (edited May 23, 2004).]
[This message has been edited by MOSES2 (edited May 23, 2004).]
quote:
Originally posted by CashCowMoo:
AH, well then that answers the question now doesnt it?does anyone have any info on the other IBIZ prodcuts that are not the VKB? what is the time frame for them to come out? this summer perhaps?
Yeah- they all suck, and no one wants to carry them, to a point that IBIZ is forced to try manipulating the retailers into carrying them with the "No VKB without our other crap lines" extortion scheme, which is itself worthless, since the retailers hardly even remember what VKB stands for, what it is, or is supposed to do. Panasonic Japan has one coming out any day, though... and their lines are proven.
quote:
Originally posted by SimpleGuy:
Bagram,I post this with the utmost sincerity.
all of us who held on to IBZT understands your frustration. But focus on why you bought IBZT in the first place. Did you get in for a quick buck? Or did you invest knowing the potential it has?
That being said, your posts may very well do more harm than good to the PPS of IBZT. In essence, you're throwing your own money away, much to the glee of bashers who'd then be able to gobble up IBZT at your(our) expense.
Why don't you channel your energy and frustrations to doing DD on IBZT? Try to find contact information for Enterprise Capital or call the FCC on the filing.
You're working for the military. I am sure you'll be able to procure a favor from one of the military personel stationed in Arizona. Ask someone who is stationed close or lives close to IBIZ to pay the company a visit. Find out the current situation. See if indeed there are boxes of the VKB all ready to be shipped.
I am not defending Ken in any way, but I would like to share a piece of information with you.
I have (and some investors too) received email replies from Ken time-stamped after 11pm pacific time. It led me to believe that they are working long hours.Getting back to doing the DD part. If, after doing all the DD you could and still find that IBZT is not worth investing, it may be better to take a loss and move on if you can't afford to wait any longer.
All in all, best of luck to you.
Yeah right, GimpyGuy- like bashing this one can hurt it any worse than it has already hurt itself. Buy it cheaper? What is cheap when talking about a company that is insincere and in effect, has ripped off many investors already? Maybe Ken's buddies are shorting this one so that he can get in cheap and continue to dump tons of his own holdings on the market when it goes back up. Nah- let's just keep blaming the faceless Krauts for our flaws...
Now, if I can just double my position at these prices before the hugh runup....jmho
quote:
Originally posted by cheesehead:
MOSES2, who pissed in your Wheaties? Time to take some happy pills!
lolololol
quote:
Originally posted by MOSES2:
Yeah right, GimpyGuy- like bashing this one can hurt it any worse than it has already hurt itself. Buy it cheaper? What is cheap when talking about a company that is insincere and in effect, has ripped off many investors already? Maybe Ken's buddies are shorting this one so that he can get in cheap and continue to dump tons of his own holdings on the market when it goes back up. Nah- let's just keep blaming the faceless Krauts for our flaws...
quote:
Originally posted by CashCowMoo:
sounds like moses bought at a high PPS, and lost a whole lot and now is so pissed off he has to resort to demonizing the company so we can all feel his pain together. is that right moses?
I don't think I could have said it better myself!
If neither of you like this stock why not sell and go away. I see both of you are new to this board and you are not making friends with your tudes. ( yeah yeah I know you don't care )I also am not happy with this stock and also don't think much of KS and his crap but you don't see me bashing other posters because of their beliefs in it. Calm down or go away, either way if you want anyone to listen to you your going about it the wrong way.
The only screwup is the delays in shipping. However, if you had experience in bringing revolutionary products to the market, you'd know that it isn't as easy as it sounds.
Let's put aside the VKB. Let's say you are going to bring to the market an external CD/DVD R/W with 2 bays. 2 in 1.
Components are abundant.
Should be easy enough right? I bet it'll take you at least 1 year to bring it to the market.
Market research, design, patent checks, licensing, prototyping, testing, retooling, (testing and retooling would take you 3 mths if you're lucky there aren't any weird glitches), mold injection, small scale manufacture, testing, analysis, marketing, distribution chain, packaging to meet individual retailer's needs, FCC, and then finally it ships in small quantities. Customer feedback then mass manufacture.
There are more steps in between. The steps need not necessarily be in that order. Could be sequential at times, but you get the picture?
If you're truly an investor, stick with what you believe. Hold or dump. If you held, I don't see why you'd keep bad mouthing IBZT.
It's like you buy a car, want to sell it but keep saying it's a piece of junk to potential buyers when they come to view your car for sale. Doesn't make sense does it? If you dumped, don't see why you'd be staying around.
quote:
Originally posted by Bagram:
he may be a paid basher but who would pay to bash IBZT? they do enough on their own to screw themselves four or five times over.
this is crazy. KS is clearly up to some crap being all shady about the delays and not stepping up with the certification.
the vkb and bluedock are cool products and PPS could be increased a few cents by them getting to market but by the time it does who will trust enough to hold long term to hold the price up?
[This message has been edited by SimpleGuy (edited May 23, 2004).]
[This message has been edited by SimpleGuy (edited May 23, 2004).]
[This message has been edited by SimpleGuy (edited May 23, 2004).]
Do me a favor and give me the history of this stock in a nutshell, please.
I don't think the VKB's that iBIZ produced (ready-to-ship/stock in AZ) so far have the FCC ID # on them...More delays, but it's all good as long as we get certification, right?
quote:
Originally posted by will:
...I have one question, I remember seeing they had a PO from Circuit City, did they ever deliver any units? Did the certificatio issue come up before or after they shipped to CC ?
From iBIZ PR dated 2/12: "We are pleased to accept a purchase order for $536,910 for six different PDA products including 3,000 Virtual Keyboards, 9,000 travel kits, 3,000 CF Pocket Radios and 3,000 SD Pocket Radios for delivery on March 15th, 2004," said Ken Schilling, President and Chief Executive Officer. "
If you go to Circuitcity.com and do a search for iBIZ, you'll notice that 5 out of 6 products were delivered. They're also available at CC retail stores. VKB not yet delivered pending FCC certification.
quote:
Originally posted by will:
poorman, Hi:Do me a favor and give me the history of this stock in a nutshell, please.
I'll try Will but to do it right it would take forever. Company has been around for a long time. At 1 point during the tech run I think it was up at 60.00 a share. They make several product that are in the stores now ( PDA'S ECT ) and have a licence to sell the vkb in the U.S though they did not develop it at least that is my understanding. PPS ran to .08 a couple of month ago but has droped ever since with a small run up from .032 to .052 in between I personaly only hold a small amount of it so have never gotten very deep into the DD. I do believe that when the keyboard hits the stores there will be a run but not sure that it will go as high as some people on this board think ( I have been wrong about this before )In the next couple of weeks I think everyone holding this will make money, I happen to like it when people start bashing a stock as it often means that it is about to run. Hope this helped.
quote:
Originally posted by will:
Thanks poorman:
If it dips again I just might take three swings at it ??? You're right, if there's a 50/50 chance they will resolve this certification problem, and that is the only thing holding it up, it could make you some $.
I have no doubt that they will resolve it sooner or later, most of the bashing comes from people that expected to make a killing in the short term on this. I admit it's taking much longer than I thought myself, i've been holding this for months.
quote:
Originally posted by Replay2x:
Do all FCC approved products need to have their FCC ID # labeled on them?I don't think the VKB's that iBIZ produced (ready-to-ship/stock in AZ) so far have the FCC ID # on them...More delays, but it's all good as long as we get certification, right?
Same question that I posted at AtomicBob and this is the response I got from aiken_walker...Just FYI.
"It is most likely that the VKB will be VERIFIED and not CERTIFIED. Verified devices do not have FCC ID numbers. Certified devices do. Not having an FCC ID number also means the VKB will not be in the FCC database. The FCC Verification Compliance label is generic and is as shown below:
CERTIFICATION of the VKB (which is less likely because of time and cost) would give it an FCC ID number and therefore would be in the database.
Per the FCC:
"After completing the above instructions, the device may now be marketed. There is no filing with the FCC required for verified equipment."
"Verification is a self-approval process. The verification procedure requires that tests be performed on the device to be authorized. The manufacturer (or importer for an imported device) is required to ensure that the measurements necessary to determine compliance with the technical standards are performed. A copy of the measurement report showing compliance with FCC standards must be retained by the manufacturer and, if requested, submitted to the Commission. Devices subject to verification include: business computer equipment (Class A); TV and FM receivers; and, non-consumer Industrial, Scientific and Medical Equipment.
Once the report is on file, a compliance label must be affixed to the device. Also, an information statement regarding the interference potential of the device and information about any special accessories need to ensure FCC compliance must be included in the instruction manual. The manufacturer (or importer) is responsible for having the compliance label produced, and for having it affixed to each device that is marketed or imported. The wording for the compliance label and the information statement regarding interference problems is included in Part 15 of the FCC Rules. Verified devices must be uniquely identified with a brand name and/or model number that cannot be confused with other devices on the market. However, they may not be labelled with an FCC ID or in a manner that could be confused with an FCC ID.
"After completing the above instructions, the device may now be marketed. There is no filing with the FCC required for verified equipment."
This post is based solely on my opinions and research. I keep an open mind on these matters so please let me know if you find information to the contrary."
I don't understand all the bashers here. FACT is IBIZ will and IBIZ must deliver the VKB's ! You ask why ? Very simple...they've contracts to fulfill .... not for the shareholders or non-shareholders...they must deliver the VKB's to many stores outside which have already paid for it !!!
So there's is no question...the VKB will come to the stores ASAP ... June/July !
This discussion here makes no sence...over and out !
Ciao
quote:
Originally posted by be_cool:
Hello,I don't understand all the bashers here. FACT is IBIZ will and IBIZ must deliver the VKB's ! You ask why ? Very simple...they've contracts to fulfill .... not for the shareholders or non-shareholders...they must deliver the VKB's to many stores outside which have already paid for it !!!
So there's is no question...the VKB will come to the stores ASAP ... June/July !
This discussion here makes no sence...over and out !
Ciao
just so no one cries foul this is only my opinion based on the past performance of the CEO of IBIZ and it don't mean sh!t
[This message has been edited by Bagram (edited May 23, 2004).]
JMVHO
Virtual Laser Keyboard!
Virtual hunt and peck Tired of poking at tiny onscreen keys or toting around a foldout keyboard to enter text into your PDA? In the "now for something completely different" category!!!
SKU Number: IBIZ-VKB Price: $99.99
On back order. Expected to be in stock: 06/30/04
quote:
Originally posted by Bagram:
[B]i would have to say that the "contracts" are not contracts at all just orders for the VKB. [B]
WRONG my friend ! ...and whats this ?
"We are pleased to accept a purchase order for $536,910 for six different PDA products including 3,000 Virtual Keyboards, 9,000 travel kits, 3,000 CF Pocket Radios and 3,000 SD Pocket Radios..."
IMO a purchase order is a contract ! They cannot say "Oh sorry, I've thinked about and I don't want it anymore !" ....nobody is so stupid to believe that....you ?!?!
The VKB's will come out ... sooner or later .... THIS summer ! The VKB's are no jokes or maybe products.... they are for real ! ....much money (for PR, fairs, manuals, shipping, new factories,...) are already put into these things ...so you can be sure THE VKB WILL COME OUT !
And again...this discussion makes no sence...over and out !
Ciao
Ciao
[This message has been edited by be_cool (edited May 23, 2004).]
quote:
Originally posted by Bagram:
Poorman i dont see that i attacked anyone personaly and if i did i truely am sorry and it was not intentional. now if your offended by my post then you are offended by the truth also? everything here is not all roses and i am not that new here just my username because my hotmail address caused my account to get canceled i had to get a new name.
stick to the facts and dont try to make this personal.
The comment on bashing was directed at MOSES2 not you Bagram so its me that is sorry.I was not trying to make anything personal between you and me or anyone else for that matter, I was just trying to bring some reason into the discussion. At times when stocks we hold are down everyone gets jumpy. GOOD LUCK TRADING
Agreement between two or more parties that creates for each party a duty to do something (e.g., to provide goods at a certain price according to a specified schedule) or a duty not to do something (e.g., to divulge an employer's trade secrets or financial status to third parties).
A party's failure to honour a contract allows the other party or parties to bring an action for damages in a court of law, though arbitration may also be pursued in an effort to keep the matter confidential. In order to be valid, a contract must be entered into both willingly and freely. A contract that violates this principle, including one made with a legal minor or a person deemed mentally incompetent, may be declared unenforceable. A contract also must have a lawful objective.
purchase order
What is a purchase order?
A purchase order represents the formal and final agreement to a purchasing transaction with a vendor. It identifies:
the vendor
the material to be ordered
the quantity
the price
the delivery date and terms of delivery
the terms of payment
I think IBIZ is lucky it is not a contract?
becool its ok i dont think your stupid i think your "Q"
i was gonna say CIAO!
but im just stupid not "Q"
here i am making fun of QBID but i have made far more money there? ........smooch
Agreement between two or more parties that creates for each party a duty to do something (e.g., to provide goods at a certain price according to a specified schedule) or a duty not to do something (e.g., to divulge an employer's trade secrets or financial status to third parties).
A party's failure to honour a contract allows the other party or parties to bring an action for damages in a court of law, though arbitration may also be pursued in an effort to keep the matter confidential. In order to be valid, a contract must be entered into both willingly and freely. A contract that violates this principle, including one made with a legal minor or a person deemed mentally incompetent, may be declared unenforceable. A contract also must have a lawful objective.
purchase order
What is a purchase order?
A purchase order represents the formal and final agreement to a purchasing transaction with a vendor. It identifies:
the vendor
the material to be ordered
the quantity
the price
the delivery date and terms of delivery
the terms of payment
I think IBIZ is lucky it is not a contract?
becool its ok i dont think your stupid i think your "Q"
i was gonna say CIAO!
but im just stupid not "Q"
here i am making fun of QBID but i have made far more money there? ........smooch
I was told by a friend that IBZT has not trade any shares for a week on the Berlin exchange. ( not delisted yet but volume is 0.
Also he talked to 1 of the shilling's on when his keyboard would be shiped and was told soon. He asked how the stock was doing and they told him they had some setbacks but it should be up soon and not to sell.
Remember this is second hand info so take it for whats its worth.
Steve I know you lurk on this board so if you want to post you conversation please do.
quote:
Originally posted by poorman:
...I was told by a friend that IBZT has not trade any shares for a week on the Berlin exchange. ( not delisted yet but volume is 0.
21,762 is today's volume according to Yahoo Finance. http://finance.yahoo.com/q?s=IBZT.BE
all you "wait till christmas time people" good luck you need it
------------------
Dakota
Just because I'm paranoid don't mean there ain't someone behind me........
[qoute]
A keyboard that's more about style and less about function. Watch today at 7 p.m. and tomorrow at 12 a.m. and 8 a.m. Eastern.
By Patrick Norton
I'd love to tell you that I'm typing this up directly on the iBiz Virtual Keyboard. It looks so cool; an laser projects a "keyboard" on the tabletop in front of you, and you literally type on the light. This $99 wonder has been on our radar since we saw the first pictures of it online.
Unfortunately, after repeated attempts, neither Kevin nor I can successfully touch type on it. Which, on tight deadline, makes using a physical keyboard faster than typing via the LED projected keyboard projected by the Virtual Keyboard. Normally I'd hope that over time my fingers would adapt to the Virtual Keyboards layout. I don't think it's going to happen, though. The uneven sensitivity of the keyboard makes it exceeding difficult to complete some typing tasks that should be painless, like holding the Shift key so you can type a capital letter.
The classic two fingered hunt and peck style of typing works best with the Virtual Keyboard. Which, if you use it with a PDA, could be heaps faster than using a tiny on screen keyboard or handwriting recognition entry.
If you're into slick looking gadgetry the Virtual Keyboard has potential. It requires a serial cable to connect to your PDA, and if you're travelling, you'll want to bring the power cable; the expected battery life is 4 hours. I'd rather have a wireless connection to the PDA, or at least USB.
The Virtual Keyboard would also be more practical if my PDA had a built in stand. It's hard to see the screen on the PDA when its pushed out of the way of the Virtual Keyboard.
Is it cool? Absolutely. Is it a direct replacement for a regular keyboard? Hardly. If you don't touch type, and use minimal capital letters, the Virtual Ketboard might be functional. If you are looking for less "oooooh" and more function, consider iBiz's KeySync Keyboard.
Posted May 25, 2004
[/quote]
[This message has been edited by Replay2x (edited May 25, 2004).]
[This message has been edited by mainstay (edited May 25, 2004).]
I typed out my full name pretty easily out on the vkb in their office. It was not hoocked up to a monitor but I could hear the clicks from it.
So I really think I could get used to it pretty easily...
quote:
Originally posted by CashCowMoo:
you know what? FORGET THIS COMPANY! im selling, taking my loss, and i bet i can make up for my loss by re-investing the money i had in IBIZ into something a little more positive. this is just becoming a joke.all you "wait till christmas time people" good luck you need it
Come on, Cashmoo- all you've paid for so far, is a few payments on one of Ken's SUVs. Stick around- his mortgage is due on the 1st.
quote:
Originally posted by CashCowMoo:
nah moses to late i sold....working on bigger and better things