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Tuesday, November 28, 2017

You type like Fan talks when he has too much hot saki

trader980 $EMAN obsoleted by Kopin OLED, 3k 3k that Emagin cannot match, not to even mention 10k nits Bearish

I guess he waited it out and now he can talk to someone other than Fan: Scoble: #9 How to Predict the Future of Mixed Reality with Robert Scoble (Soon there will be LOTS of AR Glasses)

https://hayimpinson.com/9-how-to-predict-the-future-of-mixed-reality-with-robert-scoble-761ecb02b99c
"FOUR!"

eMagin to Play in the LD Micro-Invitational

http://www.digitaljournal.com/pr/3576506

Great, you got 1 like and 1 retweet from DZ, now you guys are rolling!

I Think Kopin Found Their New Social Media Coordinator, Perfect Exemplar of Their Corporate Culture, New Solos Tagline Could Be "Hey, Bicycle Riders Buy Kopin Solos or DIE!"

$KOPN trashcanman still posting as trader960, he is scared shitless as Emagin bankrupt and dead in weeks, less than 1m cash $EMAN

Monday, November 27, 2017

Elbit Systems / Helicopter HMD Solutions

Gird your loins and keep a tight asshole, you are not going to believe this...

https://seekingalpha.com/article/4127905-upgrading-price-target-kopin-heading-consumer-electronics-show-2018

The stress must have been excruciating leading up to the testing of the new helmet, catapult launch, new software. Now that everything checks out everybody is happily on board. Capt Crecelius here is giddy.

The "National Interest" has for months, years been beating up the F-35 program as a Non-operational money pit.

They have changed their tune and the capabilities of the aircraft are shining through to the most vocal critics. A whole new capacity for interoperability is revealed in the recent success of the DAS. And that is now possible because they shitcanned the old helmet. This description sounds like it came out the Lockheed PR Dept. but no, it's the very Brookings Institute/ Council on Foreign Relations style National Interest.

"The F-35A is operational and combat ready, and this F-35 theater security package to the Pacific Command area of responsibility is further proof of the Air Force's capability to deploy the world's most lethal fighter anywhere on the planet,” Air Force spokesman Capt. Mark Graff told Scout Warrior.
Interoperability will be a key focus of upcoming exercises, Graff said – a comment of particular relevance in light of the fact that both Japan and South Korea are F-35 Foreign Military Sales customers; Japan already has an F-35 and deliveries to South Korea are slated for 2018.
Next-generation sensors, data-links and long-range targeting technology – engineered to work in tandem across a fleet of aircraft -  are precisely the kinds of interoperability demonstrations likely to be explored. In fact, given the F-35’s Distributed Aperture System sensor (DAS), an array of six cameras covering 360-degrees around the aircraft, and the F-35s long-range Electro-Optical Targeting Systems – the aircraft is uniquely suited for ISR and data-sharing missions alongside more traditional fighter jet operations.  



Sunday, November 26, 2017

Pros: Trees...Grass




Dead-End Company

Process Engineer
 (Former Employee) –  
Westborough, MA 01581 – August 1, 2017
Kopin has always relied upon temporary employees in both direct and indirect labor roles because they cannot predict their output from quarter to quarter. At least half of the personnel at any given time is utterly unfamiliar with all aspects of the company. If you're not hired directly into a full-time position, don't expect them to bring you on from temporary status. Once they've got you there, you're doomed.
Pros
The building is located in a nice campus with lots of grass and trees
Cons
Good luck finding time to take a quick rest outside, unless you smoke, in which case, go out whenever you want for however long you can get away with it

Saturday, November 25, 2017

I have a mental picture...

$EMAN death, only death, 1m left, desperate for yet another toxic financing, no takers this time, now Kopin OLED king, Emagin obsolete Bearish



eMagin Display in this thing too. Have they said this so explicitly before? Gen. O'Shaughnessy USAF

I’m pleased to share that each evaluation generated excellent feedback. Both test and fleet F-35C pilots were pleased with the progress made in reducing oscillations seen during catapult shots – and test pilots reported no ‘greenglow’ present in the new OLED helmet display

eMagin Display in that surveillance thing

Tuesday, November 21, 2017

US Approves $75 Mln Sale of Javelin Anti-Tank Missiles (eMagin displays in the Javelin's Command Launch Units) to Georgia (Apparently Georgia is increasingly worried about Florida Aggression)

kidding, can Russia's armored upped T-90 survive a Javelin? In other Defense News the Israeli's are kicking themselves for answering the phone when the Indian MOD called about Rafale's instead of Javelins. When will they learn?
Wonder if anyone is selling Javelin's on eBay? Have to look.

https://sputniknews.com/military/201711211059278916-usa-javelin-missile-sale-georgia/

True? Charlie Rose/Dr. Fan Interview Pending?

On no, the Crystal Ball was upside down!

@trashcanman is right $KOPN OLED too dim $EMAN far superior

Oh no! Message Board Nostradamus!

$EMAN do not worry about dilution, nobody will invest, bankruptcy is coming instead, DEATH, you will lose it all Bearish

Thanks Jim for the heads-up...Yes eMagin Inside...Rockwell Collins’ IDVS Is Google Glass on Steroids

Monday, November 20, 2017

$20k, not kopin..Chinese National Sentenced for Illegal Buy of Military Night-Vision Goggles

https://timesofsandiego.com/crime/2017/03/06/chinese-national-sentenced-san-diego-illegal-buy-military-grade-night-vision-goggles/

Training Investments Expected to Shift to Simulations

“Because of the realness and the immersion that you get with these new technologies … [they are] increasingly more capable of training folks without having to use the actual” aircraft, tank or vehicle, he said.

Guide to Trijicon Thermals at SHOT Show: eMagin Inside

Why is it so much better? (Thermal Weapons Sights display used to be Kopin and now it's eMagin)

oh...

Guy: can I buy one and send it to my bud in China?

FBI: where are you now?

Guy: click


A few months later, I shipped out to Iraq and only used night-vision optics. Meanwhile, my thermals sat in my wall locker collecting dust.
Today, almost 12 years later, the quality of resolution in thermal optics — such as the Trijicon REAP-IR mini thermal riflescope — has improved drastically. In fact, the International Traffic in Arms Regulation (ITAR) protects the clarity of the image resolution.
Although it is not uncommon for most weapon systems or optics to receive a blanket ITAR restriction, the argument could be made that the REAP-IR justifies protected status because of it.

Friday, November 17, 2017

in addition we have not had much luck with products that begin with E and end in Sight, so proceed with caution

Comrade Steve

an hour before your post some a guy started screaming about Insurance companies and the lack of coverage for eSight. I simply pointed out his seeming derangement and the fact that eSight has just finished it's clinical trials at Johns Hopkins among others.  As it's deemed a Class I medical device after clinical there are still lots hoops to jump through.  Review, results, determinations. therapeutic modalities etc then the Insurance Companies will start all over with it again. In what universe is a $10,000 device approved by "We want the business,  approve it and  buy it from us."

If you need your Dr. Phil emotions on display the yahoo bored is for you

eSight just finished their clinical trials in the States but by all means be outraged

Transferability, right


Kevin Dede
Okay. So in refining the manufacturing process and attempting to eliminate risks, do you think it makes it more transferable? To me, that's the big question, right? You're trying to line up partners to help you manufacture to volume. And over the years, you've hit a couple of spots here and there when you've gotten -- you've had to work through manufacturing issues. And I'm just wondering, do you think you're at a point where you feel you could transplant that process into someone else's fab? And if so, when you do finally solidify that arrangement, how long do you think it'll be -- it would take you to get up and running?
Andrew Sculley
Certainly, we can transfer our manufacturing. We do have some different processes, so we would need to work with the mass production partner to put the tools in that could handle that. But I don't see that as a problem. I've been in a number of OLED efforts, and this one is certainly capable of being transferred somewhere else. It's not an issue. And how long does it take to build an OLED line, as you can go out and ask some of the people who build OLED tools, and that's 12 to 18 months. That's just...
Kevin Dede
Okay. So Andrew, just as a ballpark, if you were to solidify an agreement with an outside manufacturing partner, it might not be until about the same time next year that they'd be up and running?
Andrew Sculley
Well, that's a rational statement, unless, of course, the manufacturing partner had tools that satisfy the same requirements as ours, right?

SA Photonics at ITSEC

http://www.businesswire.com/news/home/20171116005129/en

Really? Can you elucidate? 250k Raytheon TWS Variations? How many in the last 5 years? Always selling the sizzle not the steak. Keeping it simple for their investors.

Thursday, November 16, 2017

I'm having a hard time figuring how anyone thinks that a Chinese company Goertek and Kopin, 10% owned by Goertek and a development partner could ever buy a company which produces devices that are Restricted from Export to China.

People go to prison for trying to sneak ONE out of the country. These programs are Line Items in the Defense Budget. That makes it impossible to share that technology with any ITAR Restricted Nation. The Memorandum of Suspension of Munitions Export to China has never been changed. The State Department amended  ITAR regulations to allow eMagin VGA displays to be exported for non-military use for varied purposes to nations which are not barred from receipt. But that's it.


 http://www.pmddtc.state.gov/FR/1989/54FR24539.pdf

The mocking starts in earnest when Scoble begins discussing Hololens about 12 Minutes

https://www.facebook.com/RobertScoble/videos/vb.501319654/10155782424564655/?type=2&video_source=user_video_tab

NO IT HAS NOT! DEBUNKED, CONFIRMED

I wear my biases on my sleeve but I would to see somebody over there make a case for Kopin. I know there are holes in my understanding but so far their most eloquent and knowledgable and persistent defender is Trader980 at Stocktwits. Check him out, he knows his stuff.

link to the right for Stocktwits.

It worries me that smart people think Kopin is a possible buyer. All they have is a fading military presence, some "pinhole" HMDs and the Whisper Chip which is iffy, other tech is there performing the same function,

their attempts at generating interest is laughable. The XR Immersion suit is a bad joke, Scott Sight redundant, Fire Warrior is still there and selling a few, a small niche and  selling a few Realwear in Canada I guess.  The "Elf"?  "Why is it so dark?" the reviews say. Vuzix, ah, have you worn one? Solos, Everysight will kill that. What they have is a CEO constantly talking about Raytheon ad the halcyon days. And now they are sending development samples to companies of their OLED displays made by Olightek. which the Chinese think are junk. I get the restlessness and worry but please give these guys SOME credit. Mort, I imagine is feeling a bit of a sting from the Opium crisis at his Upper West side society Balls and might want to reduce his interest in that in that at some point. A Billionaire always needs a backup plan and selling this company for more than $3.00 could work for him.  Who is suffering? The shareholders. How is the company doing?You can choose to believe him or not but many have used the term "inflection point" (ahem) in the past. Very premature those statements but below sounds like "inflection point" to me. The big guys are still out there and AR and VR are coming. So, are the display going to Direct View or Micro? If you think it's Direct View than sell. Otherwise,  I get, I feel our pain but I recognize it as  the Stockholm Syndrome.
 Back to Kopin for a sec. Look at the Scoble interview with Fan.You good at reading body language? I am. Oy.

"Achieve with confidence." I did not see Lucas say these things but it was not difficult to imagine. Don't give up the ship.

Jeffrey Lucas
And just to add to that a little bit here. They impacted us really in the month of July and the beginning of the month of August. So we're back up to speed now. We also have a second tool here as well. And what I think as critically important is to speak to what our new VP of Operations here is doing because he's making a world of difference for us. He has yet to put them on - the practice in place that he had established and he followed as much larger predecessor company. That's really working on our favor here. And Kevin, that is, quite frankly, key right now because our orders are picking up, our customers are asking for shortened lead times, and thanks to the work that Joe is doing, our Head of Operations, we're able to meet that, achieve that with confidence. And that's why it's super important in terms of what he's doing. So it was very problematic, as we pointed out, in the first month, primarily, of this quarter. But that's behind us, and we're taking a lot of measures now, not only to upgrade our systems but to ensure there won't be -- to minimize the risk of repeat [indiscernible].


Wednesday, November 15, 2017

The Melodians - Rivers Of Babylon - 1970

but this is real, grow little acorn, grow


The 8th Annual
Craig-Hallum Alpha Select Conference.

Conference attendance is by invitation only
DATE: Thursday, November 16, 2017
LOCATION: New York City
For more information, contact chconference@craig-hallum.com

yes, rogue algo, they asked that it be taken down. OK, I will

And without Pat Tillman's "friendly fire" death all of it would be years away

Without LW's Noble Failure AR would be years away (eMagin Inside)US Army PEO Soldier - Land Warrior Future Soldier System [720p]

No amount of urging will make them care but without DSTS, VR would be years away (eMagin HMD)

Tuesday, November 14, 2017

Must be a cold day in hell, Display Daily is doing an eMagin related story but headline only if you do not have a sub


I remember these guys (eMagin Inside)Thermal Imaging and Weapon sights for NSG, Indian Army

Is this a rogue algorithm?...Stock Repurchase Program Authorized by eMagin (EMAN) Board

https://webcache.googleusercontent.com/search?q=cache:MVOxjPH-j8oJ:https://www.dispatchtribunal.com/2017/11/14/stock-repurchase-program-authorized-by-emagin-eman-board.html+&cd=2&hl=en&ct=clnk&gl=us
Captain, we need some Dilitium Crystal pronto!

and now this! Someone HAS stolen the new Blazenv site!

http://blazenv.com/

Monday, November 13, 2017

Why float this last bit? It seems extraneous unless he wanted the listener to entertain that possibility.

Andrew Sculley
Certainly, we can transfer our manufacturing. We do have some different processes, so we would need to work with the mass production partner to put the tools in that could handle that. But I don't see that as a problem. I've been in a number of OLED efforts, and this one is certainly capable of being transferred somewhere else. It's not an issue. And how long does it take to build an OLED line, as you can go out and ask some of the people who build OLED tools, and that's 12 to 18 months. That's just...
Kevin Dede
Okay. So Andrew, just as a ballpark, if you were to solidify an agreement with an outside manufacturing partner, it might not be until about the same time next year that they'd be up and running?
Andrew Sculley
Well, that's a rational statement, unless, of course, the manufacturing partner had tools that satisfy the same requirements as ours, right?

Virtual reality has beautiful potential, and evil potential,’ says Jaron Lanier ( who just wandered in from MIddle Earth)

 is right about the feedback loop i.e. the monkey chow or electric shock (Twitter, Facebook) that animates the Social Network.

https://www.channel4.com/news/virtual-reality-has-beautiful-potential-and-evil-potential-says-jaron-lanier

eMagin CEO Andrew Sculley (explains to the hottake in the comments WHY high brightness is necessary, it won't hurt his sensitive wittle eyes)

eMagin prepares its microdisplay OLED technology for 2018


https://www.realovirtual.com/noticias/4382/emagin-prepara-su-tecnologia-oled-
microdisplay-2018?utm_source=dlvr.it&utm_medium=twitter

Friday, November 10, 2017

Change of Control Agreement

you barristers can read the entire here with a Table of Contents.

https://www.lawinsider.com/contracts/1q2ZgRpatoY3vwYwkfqtOe/emagin/1046995/2017-11-09

Page 22. the Foundry will be here not in Kunming China

https://www.dodmantech.com/JDMTP/Files/2016_ManTech_Brochure.pdf

thanks don

The only key execs not mentioned in the Change in Control Agreement are Sculley and Admiral Hughes. Hughes is their man in the Pentagon. Anyone who acquired the company could not find anyone more"inside" DOD than him, as good a time as any to congratulate him on the F-35 caper

Ah, to keep these guys calm if they start hearing whispers, sounds like they could be forecasting a potential merger.

https://www.sec.gov/Archives/edgar/data/1046995/000156276217000177/eman-20170930xex10_2.htm

Change in Control Agreements, Thanks Lurker

Golden Parachute?


On 
November 8, 2017, we entered into Change in Control Agreements (the “Change in Control Agreements”) with four of our executive officers, Steve Costello, Amalkumar Ghosh, Olivier Prache and Jeffrey P. Lucas (each an “Executive”). The Agreements provide that if, within the twelve-month period following a Change in Control of the Company (as defined in the Change in Control Agreements), the Executive suffers a Terminating Event (as defined below and in the Change in Control Agreements), he will be entitled to receive a lump sum cash payment in an amount equal to the Executive’s annual base salary in effect immediately prior to the Terminating Event (or the Executive’s annual base salary in effect immediately prior to the Change in Control, if higher), payable in a lump sum on the termination date, provided that the Executive executes and does not revoke a separation agreement and release in favor of us. In addition, if the Executive was participating in our group health plan immediately prior to termination and elects COBRA health continuation, then we will pay the Executive a monthly cash payment for 12 months or the Executive’s COBRA health continuation period, whichever ends earlier, in an amount equal to the monthly employer contribution that we would have made to provide health insurance to the Executive if he had remained employed by us.


Thursday, November 9, 2017

Globalfoundries: Next-generation chip factories will cost at least $10 billion

https://venturebeat.com/2017/10/01/globalfoundries-next-generation-chip-factories-will-cost-at-least-10-billion/

Chummier still...

Intel-AMD chummier

Thanks Jim...Shadow announcement of a nascent partnership? New VP of Manufacturing previously Globalfoundries, same commute to work

https://www.linkedin.com/in/joseph-saltarelli-4ab2b855/

Tom Maguire, you're the man, you encapsulated every investor and their ambiguous feeling about this goofy company, well done

who would have the same tools on hand?

Joe's Spare Parts

ok F-35 and Apache in the bag

multiple partners on ODM

30 new projects

feverishly

New Page for CC, Slides? Raging Bull Music again

I guess this is the "thinking man's" waiting for the wave

“Our agreements with these tier-one consumer electronics companies, each following rigorous and extensive diligence on our direct patterning technology, are outstanding endorsements of eMagin’s direct patterning technology. These are major steps toward the commercialization of our technology and further evidence of our belief that our direct patterned display technology will enable the next generation of AR/VR for the consumer the market. Momentum is building as we continue to have discussions with other top tier consumer electronics companies and pursue additional agreements. At the same time, the agreements we have signed to date are fueling our ongoing discussions with prospective mass production partners to scale production for our technology to meet commercial demand.

in part due to a manufacturing issue we have since resolved

no kidding, a manufacturing issue

FWS-I, nothing in the PR about Crew and Sniper, I'll say BAE and Thales for the Euro Helmets, Apache and F-35 await review before final testing

rev sucks, cash will need addressing but a hell of a lot more particulars than the "wave is coming."

we need to hear more about this...Original Design Manufacturing (ODM) partner efforts

eMagin Corporation Announces Third Quarter 2017 Financial Results



Business and Product Highlights as of November 8, 2017
  • Furthered development of our Original Design Manufacturing (ODM) partner efforts to enable multiple partners to leverage a common microdisplay design for the consumer segment.
  • Awarded a follow-on contract worth over $3.7 million for the Army’s Enhanced Night Vision Goggle III (ENVGIII) and Family of Weapons Sight-Individual (FWS-I) programs with delivery expected over twelve months.
  • Received a multi-year $1.7 million order from a European military prime contractor to provide displays for a see-through, augmented reality HMD to support airborne and ground missions requirements.
  • Received a $1.5 million order to support the Light Weight Thermal Sight (LWTS) program with deliveries expected to begin in December 2017 and continuing through 2018
  • Received a $660,000 order for a new foreign military thermal weapons sight with deliveries commencing in the fourth quarter and expected to be completed by the third quarter 2018.
  • Received funding for the design and development of support hardware that will be integral to new system designs utilizing eMagin’s 2K x 2K microdisplays with the hardware anticipated to be available to defense and commercial integrators in mid-2018.
  • Completed the Critical Design Review (CDR) in October 2017 with a major aviation prime contractor for an OLED upgrade to a fixed wing production helmet that will eliminate the reported “green glow” problem.
  • Continued to support a major US Army helicopter helmet upgrade program to retrofit high brightness microdisplays into the current fielded helmet. The CDR was completed in August with additional OLED display, taper, and lens assemblies to be delivered for integration and testing in December 2017.
  • Received a production order from a foreign aviation prime contractor to supply high brightness microdisplays to upgrade an existing fixed wing helmet. It is expected that this will be a multi-year program with the initial order delivering displays through fourth quarter 2018.
  • Delivered high brightness 2K x 2K microdisplays to another major foreign contractor for use in a prototype aviation helmet.

Third Quarter Results
Revenues for the third quarter of 2017 were $4.3 million, flat with the third quarter of 2016.
Product revenues totaled $4.0 million versus $3.5 million in the third quarter last year. The year-on-year increase in product revenue was due to an increase in display revenues from the gradual ramp up of new U.S. military programs and increased demand by international customers, offset by the impact of production issues in the quarter that have since been resolved. Contract revenues totaled $266 thousand in the third quarter compared to $769 thousand in the same quarter of last year due to the greater volume of work performed in the prior year quarter on military contracts, including the Mantech program.
Overall gross margin for the third quarter was 7% on gross profit of $278 thousand compared to a gross margin of 30% on gross profit of $1.3 million in the prior year period, primarily due to lower volumes and higher unit costs associated with the production issues in the quarter.
Operating expenses for the third quarter of 2017, including R&D expenses, decreased to $3.2 million, from $3.7 million in the third quarter of 2016.
Third quarter R&D expenses decreased 24% over the prior year quarter due to the reduction in R&D spending on the night vision consumer products offset in part by the work performed on the Company’s direct patterning technology. SG&A expenses were essentially flat with the prior year third quarter at $2.0 million.
Operating loss for the third quarter was $3.0 million versus an operating loss of $2.4 million in the third quarter of last year. Net loss for the third quarter of 2017 was $3.0 million, or $0.09 per diluted share, compared to a net loss of $2.4 million, or $0.08 per diluted share, in the third quarter of 2016.


As of September 30, 2017, the Company had cash of $2.0 million, working capital of $10.6 million, and borrowing availability under the ABL facility of $3.7 million.
http://www.businesswire.com/news/home/20171109005309/en/eMagin-Corporation-Announces-Quarter-2017-Financial-Results

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