IF you are in Afghanistan, then thanks for keeping us safe over there, and watch your 6.

quote:

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Originally posted by Bagram:
Yes but directly lying and saying he has a product for sale and is shipping it? I believe he is no where closer to shipping this than in Jan.
jmo

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...and will begin filling orders....

that doesn't sound like waiting on fcc or UL approval it sounds like filling orders. IE charging credit cards and shipping product.

quote:

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Originally posted by casico:
Hey maybe if you all quit whining and read this you might learn something.....I found it very interesting http://www.djmelectronics.com/articles/tdk-fcc-emc-faq.pdf

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I actually made about 20% on the new batch of shares I bought! Wish I had a big order in for QBID at .0055 too! I only put the limit order in for .02 when I left this morning and we were at like .0228 - I didn't REALLY think we'd get that low - but I'm happy for now.

Would someone please tell me WHEN and WHY it got to .018? Was it Before this Stall Tactic PR or AFTER it???? I figured the revised 10Q was this morning's reason for the drop - but had to leave and didn't see this POS PR til I got home after market was closed.

Thanks,
Steve

"Verification is the easiest approval to obtain. Examples of products that ONLY require verification are LASERS, blenders, vacum cleaners, etc."

**Just my very humble opinion!**
By: whizknock in IBZT | Recommend this post (0)
02 Apr 2004 1:05 AM
Boardmark this board | Ibiz Msg. 01588 of 02317

Over the past couple of months there was never a problem with the product itself! VKB works & works very well. People saw it in Las Vegas & were blown away. There may have been, as many have speculated, a few glitchs with manufacturing which in turn slowed production. But the big picture tells me there's more to it than that.

I believe Ken deliberately has been very slow bringing the Keyboard to market. It's about timing pure & simple & we will benefit from it. Ken started this company almost a quarter century ago. He's made his share of mistakes & has learned alot about the business world & the markets in general. IBZT
is his life. Lucky for us he's not about to make a mistake now.

*[[[[[[[[[[[[[[[[[ THE BIG PICTURE ]]]]]]]]]]]]]]]]]*

If you read post #00512 you know what I think of Beta! In this instance our measure of Beta is generated by sex appeal. VKB is sexy! VKB is a "COMPANY MAKER"! That's why he bought the license to market the VKB. Ken Schilling knows this & he also knows IBZT is much more than a keyboard. IBZT is a business with some real good talent. Our greatest talent & asset is Ken Schilling.

The keyboard has a business lifespan of approximately a year & a half at the out side. Oh it will last longer than that. But in the markets we will have competitors build stand alones & use it different ways to get around our license.

Also our keyboard, even with schools, hospitals & other institutions buying it & taking in to account possible competition, will probably reach a point of market saturation within 18 months at which time it becomes a commodity with greatly reduced margins rendering ever smaller profits.

At this point the worst thing that could happen would be to bring it to market & not be able to satisfy the demand. Don't let a trickle out, that would kill our momentum. A business like this needs to make a killing off the sex appeal & not stall it. Sex appeal gets old quickly & people see something often enough it looses it's luster & if they can't get it when they first see it, many quickly turn their attention to the next shooting star.

Ken wants to milk this thing for all it's worth so he's not bringing this to the market until he can satisfy the impulsive desire of everyone who lays eyes on it. Well over a million of these VKBs will be sold on impulse alone at first or second sight in Circut City.

By the time Ken is reporting windfall profits in an earnings report that may well surprise the whispered estimates, the Blue Tooth VKB will be ariving at Best Buy & the first manifestation of Blue Dock will be on it's heels. And IBZT will be an up & runing business with no question as to whether it is a going concern.

I bet they already have thousands built. There's only one thing slowing up delivery of the Virtual Keyboard,,, Ken! He will not let this thing fly till he's sure he has an un interupted ongoing supply.

In my very humble oppinion everything I've just written is why my pps targets are higher than most to the point that some people think I'm irrational.

Our time is at hand. At 3 & a half cents a share,,,

"These are the good old days!"
.........................................................

I hope Ken is building a war chest full of these things. Yes, tomorrow, 5/12/04 I will buy more of this stock.

I agree that VKB down the road will not be the main focus of IBIZ. Other companies do not need to get around our license, since IBIZ does not hold the "exclusive" patent to the Light Technology. I do believe however, that by the time other companies, such as Siemens bring their product to market, IBIZ will already have a more advanced model ready to ship, which will still give IBIZ the edge in the battle against these larger companies.

This is the first time this company will be producing a product on a massive scale. Of course they are being cautious. I don't believe they have them built in mass, but I find your statement intriguing. It is a position I have not really considered. If you are correct, IBIZ will have a firm grasp on the market from the outset.

If IBIZ can prove they can deliver a quality product in mass quantities to the public, it will immediately put these other larger companies on the defensive. Also, If they demonstrate this, XM and Sirius may be bidding more aggressively for contracts to their satellite radio for the PDA, which is currently in development.

BlueDock will be huge, and should be in production by the end of the year, according to Ken. If the VKB sells well, with little complications, and they show they can deliver a quality product to market in volume. I believe BlueDock will be the catalyst that propels IBIZ into mid cap status by early 2005.

At any rate you're right! We're both on the same page in so far as this company has a future!

12-15-2412

long and strong everyone

i dont know about some of you guys, but im holding on to this one until .10

i bought at mid 3's not taking a loss here!

quote:

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Originally posted by CashCowMoo:
ok im not "BASHING" but i read this article and its the SAME thing going on right now.....being told something is coming and then "hey wait a little more"
http://www.sec.gov/litigation/litreleases/lr16914.htm

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Who says Crime Doesn't Pay??? The $20G's is a cost of doing business to KS.

"Simultaneous with the filing of the complaint, Schilling without admitting or denying the Commission's allegations against him to the entry of an Order enjoining him from violating Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act") and Rule 10b-5 thereunder and ordering him to pay a civil penalty of $20,000".

There's only one thing I know for sure.

I just added 20% to my position.

His job has been challenging to say the least, especially the last 2 weeks. In knowing his demands, my call today was one of only 3 I have made to him.

I'm sure like many people, the frustration level of us being at .0404 last Monday morning, only to be strong armed down to this level is tough to see. Even trying to time trades through this time has been a rough endeavour. Then, the news yesterday. No comment. I had to call Ed to clarify facts pertinent to the near future of this company.

First, they do indeed have the initial shipment of VKB's and additional shipments should be arriving once per week to meet demand.

Next, Circuit City order is in place with shipments of other IBIZ's products commencing, and eager anticipation of the VKB's.

Two major retailer contracts close to being signed and finalized.

This is all tremendous news. He has a call into Ken Shilling for clarification about the pr of yesterday, and said would call me after his discussion with him, which may be today or tomorrow, depending on when he talks with Ken.
Yesterday was the first he heard about any FCC approval needed. He understood the frustration of the share price delining from in the wake of last Monday's good news.

Who really think they go to fairs...show there products ... and at least don't sell them .... who think that is (IMO) real stupid !

...and IMO I don't see THE NEWS which one should be responsible for that drop down of the share price. I think (and I can see it at all/most shares) the whole market is down ... most shares are red ... heavy red !

But this is a political stock market (which one normally does have "short legs") ....and also the high oil price is responsible for the bad market... and so (at least) the whole industry is in the red. In case of IBIZ there's just a bad tendency, so short sellers does have an "easy game"... but there are no really bad news from IBIZ.... also the delay of about 2 weeks for certification isn't a really bad news which could be responsible for that (huge) drop down. IMO when the market comes up IBIZ will stand up too .... and the share price will rise ! And think about...IMO at the moment are all "bad" news out or do you see some more in the next future ?
IMO in the future there are only the good news left...for example "VKB sold" ... "new retailer contracts" ... "VKB now in mobile phones"...."Bluedock in stock" ... "Bluedock sells better then expected" ...and so on...and so on. I don't see much more bad news....I only see the future which one looks good ! ...or can anybody tell me what else shall happen next time, which could bring down the share price ? ....IMO only short sellers or daytraders, but no fundamentals !

100$ for them who can tell me THE real (IBIZ-related) reason which should be responsible for the drop down in the last days !

Ciao

quote:

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Originally posted by be_cool:
Heee !!! ...be cool !

Who really think they go to fair...show there products ... and at least don't sell them .... this one is IMO real stupid !

...and IMO I don't see THE NEWS which one should be responsible for that drop down of the share price. I think (and I can see it at all/most shares) the whole market is down ... most shares are red ... heavy red !

But this is a political stock market now including the high oil price ... and so the whole industry is in the red. In case of IBIZ there's just a bad tendency, but no really bad news .... also the delay of about 2 weeks for certification isn't a really bad news which could be responsible for that drop down. IMO when the market comes up IBIZ will stand up too .... and the share price will rise ! ...at the moment all "bad" news out ....but in the future there are only good news left...for example "VKB sold" ... "new retailer contract" ... "VKB now in mobile phones"...."Bluedock in stock" ... "Bluedock sells better then expected" ...and so on...and so on. I don't see much more bad news....I only see the future which one looks good ! ...or can anybody tell me what else shall happen next time, which could bring down the share price ? ....only short sellers or daytraders, but no fundamentals !

100$ for them who can tell me THE real (IBIZ-related) reason which should be rsponsible for the drop down in the last days !

Ciao

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The real reason is that the staff at IBIZ are incompetent, overpromising, and sarcastic. That leads people, like myself, to believe that IBIZ is the wrong company to distribute the virtual keyboards. In sum, each new delay or some unpromising news makes us realize that IBIZ doesn't look too promising.

The market on a whole - at least the penny stocks are down. Several companies with good news are not moving this week... Maybe people are on Vacation or something. I wish I was.

We're slowly gaining momentum!

The terrible revisd 10Q - and the Stall Tactic PR.

Send the $100 to ................. LOL

I think the only thing on a long vacation is my money - because it seems soooooo far away right now!

Better days are ahead. DOw was down 150 again today and recovered to close up 25.

I'm not delighted with how long this has taken, however I don't think it was intentional and I don't don't think what's happening now is a delay tactic. My feeling is that these people a accustomed to buying "mature" technologies that are either already tested/certified or just don't require certification. As far as I can tell this is also the first product that they have developed from the ground up. It is always tough and unfortunately the first time is when you learn all the twists and turns.

I've done this. Had people calling me all hours, staying up all night for months with an oscilloscope and soldering iron, driving all day to see some manufacturer. Then you get the first run, you find out that some component is too close to another causing a problem, the CPU firmware has an intermittent glitch, the PC software crashes. The machine shop calls and says the case plastic is cracking when they drill holes. People start calling the very next day, "Hey you idiots where are the units? We are leaving for the trade show today. Are you stupid?" Then you start to go through the problems. You fix them, have new pc boards made, get the manufacture to make some more. Then the manufacturer calls and says they can't start for two weeks because of another product being built. Then you finally get the second run and find the smaller problems. Then your software guy starts getting a divorce and can barely work. The PC interface cable company won't return your calls. Finally you get the bugs worked out and have to do FCC certification and other testing. Months have passed and you feel beat and hate to even look at the product, everyone thinks you're scamming them. The phone continues to ring and it usually is someone angry. You start to let the answering machine get it.

FCC testing can be a stressful the first time and in my case it was expensive. You have to schedule time at a certified testing facility (there are many) and either send the product to them or take it in person. After you get to the testing facility they set your product in a shielded metal room that looks like an expensive lawn shed. All kinds of antennas are aimed at the device to measure radio frequency emissions. You sit watching nervously as graphs appear on a computer screen. If a single point passes the limit you probably have to redo some part of the device. Sometimes you get lucky and go home with a pile of graphs and documents. If not you are in for scheduling another test session and more angry customers.

By this time many, many people are angry, some have completely given up on you and the product. Some may even threaten legal action or fail to pay you. Others who have stuck with you are happy to see the end product. If you've never done this before the schedule and path can be uncertain and it is grueling.

I'm not defending everything that's happening, but having been down this road I can empathize with iBIZ and partly for that reason, I like the company. Having infrequently or never issued an FCC covered product it is entirely possible that they just overlooked this requirement or just failed to mention it. In my opinion everything that has and is happening is perfectly normal and seems above board to me. We could have gotten more info, but most companies don't release every technical detail.

Just expressing my opinion and relating my experiences here, so please don't bash me. I'm long and hope we all do well. Most of all I wish iBIZ luck with the launch of this newly developed product.
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I like this & believe this guy knows what he's talking about!