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Monday, April 8, 2019

Mort? His life is complicated, like all of ours I see that. Hurting for money? Don't think so, even with everything hanging over his family's head. Strategic Transaction. That's a reference to the a sale of the company. Right? Mort's been in this a long time.

 Glibly,  Mintz and partner could be friends, acquaintances, same synagogue. Cousin. Medical equipment, my VR theory? It would be odd in terms of timing with the real possibility that the US Gov is on the verge of subsidizing eMagin's little venture. Here's a conspiracy. eMagin is able to get the Gov to pony up for expanded production and then is somehow able to sell the company to a Prime or Tier1. How does that work? Seems far fetched. I figured the whole point of the DPA exercise was too ensure that eMagin was a permanent fixture of the Industrial Base as described in the DOD assessment. Not to live off POs and and Indeterminate Quantities and Indeterminate Delivery, all that crap.
 Why two years of lobbying for the DPA Grant then sell the company. Endure all the pitfalls, fits and starts only to bail now. (That said, I wouldn't mind if they sold it to an Elbit . A company that has consumer plans, medical imaging business and the best and most nimble business plan in the Defense Sector.)
 It's been a long and bumpy road, we've been through the wringer.I default to where I've always been with this company. This is a Defense company and they will do whatever is necessary to deliver these devices. I was impressed with the responsibility they took in the last Q to take the loss to get the orders out on time. The military appreciates that kind of loyalty. They won't, can't screw this up. Sackler would not have been the White Knight all these years if he didn't feel the same. Serious stuff. Seek no fanfare, no excuses, no cute names for their products.
 I'd love to hear your theory MW. Disharmony? You have sixth sense of these things. I don't.
 Don has followed Mort and his activity closely over the years. Wonder what he's thinking?

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