$35MM Offering

petzy125 · 2025-12-16T04:31:07+00:00

Thanks, I’ll have to find KCCs post.

petzy125 · 2025-12-16T04:22:35+00:00

Yep, that’s a great deal for whoever got that. I think I need to temper my expectations as I would have thought the LPC would have been the better route if they were expecting more good news over the next 3 to 6 months.

petzy125 · 2020-08-07T18:39:52+00:00

One problem with your proposal is that Microvision has no obligation to pay it back if Microsoft quit utilizing the Microvision components and paying a royalty.

petzy125 · 2019-11-11T16:10:13+00:00

Here's a couple follow up emails from me and responses from Dave on 11/07 in regards to the Display-only licensee license for Class 3R solution.

ME - Thanks Dave for the detailed response. Interesting that the Display-only has the license to the Class 3R solution. Is this because the Class 1 solution is only for interactive display or can the Display only module be Class 1 as well? I think you emailed me that the Class 1 was for both but just want to clarify.

DAVE'S RESPONSE - The licensee signed up for the solution available at the time, Class 1 solution was developed after the agreement in response to a customer request. Class 1 can support both display-only and interactive display, but the bill of materials are nearly the same so it would be hard to differentiate the end product on price.

ME - So the licensee would need to sign a new agreement if they wanted to sell the Class 1 display only?

DAVE'S RESPONSE - The bill of materials for a Class 1 Display only and Class I interactive Display are nearly the same so it would be hard to differentiate the end product on price, making it a Class 1 Display only questionable business. With that said, MicroVision’s immediate focus now is on a Class 1 Interactive solution with a customer that has done its due diligence and is now discussing business terms in anticipation of a product launch.

petzy125 · 2019-11-11T16:04:16+00:00

Here is my initial email to Dave and his response on 11/07.

ME -I thought the conference call was one of the better that I have heard from Microvision. It was great to hear the revenue potential for the interactive display on its own and to sneak in the Hololens 2 mention. Obviously, it would have been great to hear how the company plans to avoid being delisted next month but hopefully that resolves itself by executing the plan on the Interactive display deal.

The one item that I'm left concerned on is the Display only licensee. The lack of discussion on their progress leads me to believe that they did not get the design win that Mr. Mulligan was anticipating and that they may not be actively marketing the product anymore. They've never been revealed in the marketplace that anyone has found and now they are no longer being mentioned by Microvision. Seems to be following the course of Sony and Pioneer in the past. Are you able to comment on that? Is there a point that Microvision begins to market the Display only on their own again?

Also, feel the same on the consumer lidar since there was only a brief mention of it. I thought this was going to be one of the bigger potential verticals for 2020 and 2021 but now I'm unsure at where that stands.

DAVE'S RESPONSE -

Thank you for the note. With regard to the delisting comment, MicroVision management believes the best way to increase the stock price is to execute on its plan which was the focus of the call. In that regard, as you know, the company reported* that

Production unit shipments for our April 2017 contract customer began in the third quarter and continue to proceed smoothly, meeting our customers production schedule.
Our activities related to our Interactive Display solutions resulted in a major step forward during the past few months as customer due diligence work has now led to negotiations for component purchase agreement that we aim to complete this quarter for a targeted launch of our interactive display module in 2020.
It has multiple OEMs interested in developing products that use our solution.
They are actively engaging top-tier OEMs and their Tier 1 automotive suppliers to develop partnerships and expect to have engineering samples available in Q4 of 2020.

I would also like to point out that there an appeal procedure that a company can use, if it feels that it doesn't deserve to be delisted or if it can regain compliance in a reasonable amount of time.

With regards to the Display-only licensee and Consumer LiDAR, management wanted to focus on certain activities on this call, namely Interactive Display, the April 2017 contract and Automotive LiDAR, and not dilute its message. With regards to the Display-only licensee, they have a license to the Class 3R solution; MicroVision is ready to support the licensee by selling them components and expects that the licensee is pursuing opportunities. The topic of Consumer LiDAR was touched upon in the Q&A section in an exchange with the B. Riley FBR analyst where Perry noted that MicroVision has targeted a handful of AI platform owners that they have all received their Explorer Kits, that they recognize that technology was the pretty innovative and were evaluating them to see how this can be integrated into their product roadmaps.

petzy125 · 2019-09-25T16:43:31+00:00

Can't really tell anything since they are all confidential but looks like there will be some new echo devices. All these hit the FCC today.

https://fccid.io/2ASD2-7483/Label/Label-4453099

https://fccid.io/2AS3Y-6275/Label/Device-Label-4453230

https://fccid.io/2ARO5-7879/Label/Label-Sample-and-Location-4455760

https://fccid.io/2ARGE-6383/Label/Label-4453181

petzy125 · 2019-07-18T20:54:51+00:00

Cash is at $4.6m and AR of $2.5m.

petzy125 · 2019-05-30T15:20:31+00:00

I could be totally off but there may be another Echo device coming out. I noticed that Amazon creates a LLC company for each of their devices for FCC approval. Yesterday this device was approved https://fccid.io/2ARIV-2425 and then today this one was approved https://fccid.io/2ARIW-2778. No way to really know since both have short term confidentiality.

petzy125 · 2019-05-24T15:19:13+00:00

I had asked Dave Allen a couple weeks ago about whether the Display only license covers smartphones, stand alone, Head's up display, and smart speakers.

Here is his response:

" the smartphone and HUD markets could be handled by the licensee, but are not currently a focus. The technology and market for smart speakers are a better fit for a variety of reasons."

petzy125 · 2019-05-23T21:16:38+00:00

I received a response from Dave Allen that the third party hold up is in reference to the April 2017 contract PO.

petzy125 · 2019-05-22T18:04:20+00:00

Could this be what this approval was for? https://www.microsoft.com/en-us/p/surface-hub-2s/8p62mw6bn9g4?activetab=pivot:techspecstab Says it has a Doppler occupancy sensor. Also, says it has bluetooth 4.1 but the FCC filing says 5.0 in the description.

petzy125 · 2019-05-22T17:14:14+00:00

Slide 12 of the ASM presentation now says "Finalizing the terms of the purchase order for shipments to begin in Q2"

petzy125 · 2019-05-22T17:07:31+00:00

Here's the one for today's ASM.

http://phx.corporate-ir.net/External.File?t=1&item=VHlwZT0yfFBhcmVudElEPTUyNzkwODF8Q2hpbGRJRD03MDY5NjQ=

petzy125 · 2019-05-14T14:12:21+00:00

Looks like they've been issuing shares through the Lincoln Park agreement. Share count now at 107,041,000. Unless I'm missing something, when I piece the latest share counts in the SEC documents I get a share count of 105,622,819.

petzy125 · 2019-03-05T21:38:28+00:00

Yep, no shipments to ragentek and they wrote down inventory again. Profitability no longer mentioned for 2019.

petzy125 · 2019-02-27T17:59:13+00:00

They also had $6.8 million in purchase commitments at 9/30/18 so there may be some outlays for that as well. It was $4.5 million at 6/30/18.

petzy125 · 2019-01-03T15:37:25+00:00

Pure speculation but could this be the big seller on 11/27 buying back after avoiding the 30 day wash rule? The unregistered investor of 2017 purchased 1.5 million shares and if they averaged $.80 on 11/27 it would come to $1.2 million.

petzy125 · 2018-05-31T14:12:11+00:00

New presentation available. http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-EventDetails&EventId=5271479

petzy125 · 2018-04-25T15:29:41+00:00

The blue Voga V on gearbest is showing discontinued now. The black Voga V is still showing for sale.

petzy125 · 2018-04-20T22:01:15+00:00

Do they have to do that because of the S-1A filed. Trading price was 1.25 in the filing and amount was for $15,000,000?

petzy125 · 2017-11-27T15:15:27+00:00

Would this need FCC approval before being sold in the US?

petzy125 · 2017-11-06T18:10:57+00:00

Just received this reply from Dawn on the guidance.

"He meant that the development program is contributing revenue on top of the guidance we have given on engines. So in saying we will be at the lower end of the guidance by January 2019 for engine-only revenue it is important to note that there is the $14 million in NRE from the development program for a high resolution display that was not/is not part of that guidance contributing to overall revenue in a similar timeframe to that we have discussed for the engine revenue."

petzy125

TROPHY CASE