Looking at the online manual for the VKB I ran across these specifications (page 17 of Windows PC manual) which have very positive implications:
o EMC per CE EN 55024 etc. o Laser per IEC 60825-1 (Class 1)
CE is Conformite Europenne and IEC is International Electrotechnical Commission. These are European and international standards equivalent to the FCC Part 15 and FDA CFR 21 (the laser stuff) certifications that iBIZ is doing right now.
THIS GREAT! First it means that iBIZ is doing exactly the right thing to meet US and international regulations for electronic devices. Secondly, and most important, they will have documented certification and technical approval (a big deal) to import/export and sell VKB's almost everywhere in the world!!
This is a very good sign. Only a company serious about world wide sales would put the time and money into meeting all domestic and international standards. This company and product are for real. There is a plan and it is being followed as quickly as possible while trying to maintain quality and meet all regulations for consumer products.
Bring on the world-wide sales...oh and lets get that share price up a little! A company with this much potential should have a good share price! ------------------------------------------------------------------------
Good reading material for people with the conviction to ride this out!
posted
I expect IBZT to head back up into mid to high .02s today. Way oversold (hasnt been in a while) and its also kissing its 200sma. Look for today to be an up day. I picked up quite a bit more yesterday at its low.
Posts: 85 | From: Pendleton, OR USA | Registered: Apr 2004
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posted
I could tell Bagram was a jar head by the lingo he used... "fat and nasty"... being a former (although there is no such thing) jar head myself...
posted
Whow, IBIZ afraid of going subpenny or something... PR is being pop out like crazy...
Posts: 447 | From: Upstate, NY | Registered: Feb 2004
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posted
PHOENIX, May 13, 2004 /PRNewswire-FirstCall via COMTEX/ -- iBIZ Technology Corp. (IBZT) announced today financial results for the second quarter ended March 31, 2004. The Company reported sales revenue of $434,000 for the quarter.
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"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."
About iBIZ Technology
iBIZ is a leading manufacturer and distributor of accessories for personal digital assistant (PDA) and hand-held devices. iBIZ is recognized for innovative, high-quality, competitively priced products available through major retailers. For more information on iBIZ products and services, go to www.ibizcorp.com, email sales@ibizcorp.com, or call to 1-800 234-0707.
For further information, please contact: Media, Belinda Banks of S&S Public Relations, +1-718-320-4898, Belinda@sspr.com, or Investor Relations, Ed Lewis of CEOcast +1-212-732-4300.
"Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those, set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise."
Posts: 131 | From: New York, NY, US | Registered: May 2004
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posted
But is it really new news? We already know most of what's in it. Still nice to see it pop.
Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
What do you guys think? Sounds like good news. I'm holding long on this one. If your patient they will come! Profits that is!
Posts: 131 | From: New York, NY, US | Registered: May 2004
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quote:Originally posted by CuriousBull: What do you guys think? Sounds like good news. I'm holding long on this one. If your patient they will come! Profits that is!
Monster increase in revenues without VKB?
Yep! I would call that very good news....
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"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."
posted
Remember that none of that revenue was due to the VKB. next quarter's revenues will be alot sweeter.
Posts: 423 | From: Westchester County, NY | Registered: Jan 2004
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I haven't forgot the names of the 2 major retailers Ed Lewis mentioned yesterday either. The market likes number and contracts. ONEV is a prime example of that this month. IBIZ's revenue was outstanding considering it does not include VKB sales and contracts which are soon to follow.
Today is a good day. Given what he advised, there is much more to be excited about.
Posts: 256 | From: Altoona, Pa, USA | Registered: Feb 2004
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posted
did ed lewis email you and mention 2 retailers (other than CC and comp usa) or are you refering to the pr from the 11th?
Posts: 423 | From: Westchester County, NY | Registered: Jan 2004
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posted
.0275 not bad up 36% so far today the sell off might be done I hope
Posts: 88 | From: ft lauderdale ,fl usa | Registered: Apr 2004
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posted
Well I was wrong about you. I apologize. Good luck in the future shipmate!
quote:Originally posted by Bagram: Hey Sailor. 13 years isnt that when they kick people out who get are fat and nasty. talk about a waste 13 years in the navy. this isnt my war I just support it with my A$$ on the line your right I am A piece of Sh$$ but I didnt waste 13 years in the navy crying about shi$ I( just got out and started banking because I could people who dont get out after 4 years ussually cant do better than what they are doing..I was a jarhead and man what a waste of skin a sailor is. still have not addressed the issue at hand, just more crying and name calling.
Posts: 311 | From: America | Registered: Feb 2004
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posted
Mass psychology is so tiring... Better to be stoic than reactionary here - we'll move past this delay and have VKBs in the hands of major retailers eventually. In a sense, I prefer the delay so we stagger the release of the Bluedock closer to the VKB receipt. This will lead to more continuity in positive investor sentiment - I hope...
Posts: 156 | From: Philadelphia, PA, USA | Registered: Jan 2004
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posted
Actually... I would prefer to stagger the products. As one product is making waves you can build a base of investors/customers. With the new product(s) you build new bases of each. Some may not be interested in VKB, but are dying for Blue Dock. Keeping them staggered should help the PPS out.
posted
Ok we all have been in on this one we have watched it for a long time and some others have for a even longer time. What are you prediction about the long/short term goals where do you think this stock will be 2 months from now and where will it be end of this year.
Posts: 254 | From: NYC, NY,USA | Registered: Mar 2004
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"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."
....and they don't have had already sold VKB's !!!!! IBIZ seems to become a VERY STRONG company ! ...much more then the most of us can believe now !
The end of the year will become VERY interesting...IMO the share price at this moment will be soooo cheap compared with the year-end price ....that somebody of us will say to himself "Why do I've had not bought more in may !" ;-)
Interesting days are over ... will be interesiting how we close today and how we start tomorrow morning !
posted
The bid/ask just moved up actually! Haven't seen that happen at the end of the day in a long time. Usually people are selling off at the end. hmmmm
.026/.0265 up %32.50
[This message has been edited by opiate94 (edited May 13, 2004).]
Posts: 311 | From: America | Registered: Feb 2004
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quote:Originally posted by whizknock: By the looks of what I'm reading people actually appear to think KBs may never get here. You guys might just be right.
There's only one thing I know for sure.
I just added 20% to my position.
CONGRATS wish i had the funds to buy in more yesterday!