{"id":3325,"date":"2013-12-03T15:12:03","date_gmt":"2013-12-03T15:12:03","guid":{"rendered":"\/?p=3325"},"modified":"2013-12-03T15:12:10","modified_gmt":"2013-12-03T15:12:10","slug":"vuzix-corp-otcbbvuzi-roars-upward-on-product-launch-news","status":"publish","type":"post","link":"\/articles\/vuzix-corp-otcbbvuzi-roars-upward-on-product-launch-news\/","title":{"rendered":"Vuzix Corp. (OTCBB:VUZI) Roars Upward on Product Launch News"},"content":{"rendered":"<p> Like many other OTC tickers, Vuzix Corp. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a>) moved out of the summer doldrums and revived after September. We have not visited <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> since August, and it seems like there is new activity lifting the ticker to better positions, though still with some shaky days of temporary correction. On Monday, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> added more than 21% to $2.79, on dollar volumes of above $756,000. The last time <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> tried to hold onto the $3 levels, it all ended with a crash, but now a robust day recalled those positions. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/VUZI1203.png\" border=\"0\" alt=\"VUZI1203.png\" title=\"VUZI1203.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> started Tuesday with a new PR reminder, and before that was lifted by a new round of financial news. The company claims it started shipping of its M100 Smart Glasses, a gaming and interaction wearable device that recalls the model of Google Glass. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/TDEY1203.png\" border=\"0\" alt=\"TDEY1203.png\" title=\"TDEY1203.png\" width=\"350\" height=\"156\" \/><\/p>\n<p>Thus, despite the depressed stock, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> looks like a more solid company, showing in its latest filings:<\/p>\n<ul>\n<li>$2.56 million cash<\/li>\n<\/ul>\n<ul>\n<li>$4.53 million total assets<\/li>\n<\/ul>\n<ul>\n<li>$3.69 million total current liabilities<\/li>\n<\/ul>\n<ul>\n<li>$301K sales<\/li>\n<\/ul>\n<ul>\n<li>$1.85 million net loss<\/li>\n<\/ul>\n<p>It seems <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> is making some progress, though still with enough losses and debt to slog through. On the plus side, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> has not been promoted in emails for two years now, which creates less price disproportion.<\/p>\n<p>Still, investors are abuzz with the company&#8217;s potential, and the fact that the smart glasses are already inviting app writers. The product launch will probably hold <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> over at least a few days, and <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a> will remain in the spotlight as it is expected to log the sales and earnings for a product that goes ahead of Google Glass sales.<\/p>\n<p>Compared to <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a>, recent entertainer 3D Eye Solutions, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TDEY\">TDEY<\/a>) looks like an amateur job, with its single app that made no real sales. Still, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TDEY\">TDEY<\/a> was just a hot risky double-zero bid, though with a refined message in technological jargon, flying high for a while.<\/p>\n<p>Not even a viable product is any guarantee. Fresh Healthy Vending International, Inc. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VEND\">VEND<\/a>) had all the possibilities for robust sales, but a paper and email campaign boosted the ticker beyond its ken, and now <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VEND\">VEND<\/a> is dropping toward $2, with pressure to go even below that.<\/p>\n<p>If you are looking for an entry point to <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=VUZI\">VUZI<\/a>, keep in mind that without a promotion, the ticker sometimes goes stagnant, and the respectable price and OTCBB listing do not guarantee a trading free of nightmarish days of correction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Like many other OTC tickers, Vuzix Corp. (OTCBB:VUZI) moved out of the summer doldrums and revived after September. We have not visited VUZI since August, and it seems like there is new activity lifting&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[685,1129,473],"class_list":["post-3325","post","type-post","status-publish","format-standard","hentry","category-news","tag-tdey","tag-vend","tag-vuzi"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3325"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3325\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}