ImageWare Systems Incorporated (CE) (IWSY) News

They seem to be going out of business imo

Any idea on what’s going on here?

Something coming here soon. Form 15 effective on 11/15

A 100 vol bid dump today. Tax lossers killing me with commissions with these small dumps.

Dump dump dump

IWSY peeps buying it on the ask today. Gimme cheapies.

IWSY give me some of this good shit ASAP.

Next one for huge runner.

Crazy drop smh

Looks bad. I have a friend over there not sure what’s going on and not inclined to ask at this point

Clearly cash burn without new revenue is likely to be why it’s .0001.

Wtf happened today? Trading at .0001. I can't set any buy orders via Fidelity. What kind of f*ckery is this?

Things going on here. Surprised that there is no interest on this thread. IWSY ic outperforming almost all my other pennies. Looking for a run to .05 on DHS news.

Slowly bleeding out.

I hopped in today for .011

A slow go here, but I'm a long hold for sure on this.

There are new deals coming up soon to this one. Follow the STocktwits thread, we're talking about it in more detail

Got it.
Thanks.

They still have minimum revenues and they're using the shares equity to stay open and to pay employees. They need a gigantic contract to get back over $1.00

Yes, I remembered we met on here couple years back.
...:)
Prices too cheap atm, imo.

Hey brother! happy new year to you! Did you know that you and I met on this thread years ago? I made a Kings Ransome in the stock. We had powerful peps on the BOD. Those guys jumped ship years ago.

I remembered this ticker was in multi-dollars pps couple years back.
Look like a big turnaround on the horizon for this ticker.
I always look for low risk, high rewards my friend.
$Iwsy

Beautiful indeed

Decent news...Imageware to Add Biometrics to Blockchain Powered Self Sovereign Identity (SSI)


https://www.prnewswire.com/news-releases/imageware-to-add-biometrics-to-blockchain-powered-self-sovereign-identity-ssi-301391686.html

Needs to trade better. Looking for signs of bottoming out and strength.

$IWSY

Gotcha … yea indeed looking forward:)

You are correct!

Are you meaning after sep 28 ?

Interesting times in the otc markets.

ImageWare Systems, Inc. (IWSY) CEO Kristin Taylor on Q2 2021 Results - Earnings Call Transcript
https://seekingalpha.com/article/4456825-imageware-systems-inc-iwsy-ceo-kristin-taylor-on-q2-2021-results-earnings-call-transcript?mail_subject=iwsy-imageware-systems-inc-iwsy-ceo-kristin-taylor-on-q2-2021-results-earnings-call-transcript&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha

Great day here

Major selling today

I like what this is doing ,looks like
We might be on to something
GLTA

Imageware, Four Points Technology win $2.7M VA contract
Aug. 19, 2021 9:14 AM ETImageWare Systems, Inc. (IWSY)By: Preeti Singh, SA News Editor
The Department of Veteran Affairs (VA) has awarded a $2.7M licensing and maintenance contract to Imageware (OTCQB:IWSY) and Four Points Technology as part of the latter's NASA SEWP V contract.
The contract has one-year base term and two, one-year option periods. As part of the contract, the companies will provide software and support services that are required to deliver biometrically-enabled credentials to VA's Personal Identification Verification (PIV) smart cards.

Maybe not. Watching this one

Yeah maybe time to buy!

This kid is waking up. Volume surge and %50 rise since last week.

I sold. This is a q4 story. Keeping a close watch on this.

Moving slow

ImageWare Systems, Inc. (IWSY) CEO Kristin Taylor on Q1 2021 Results - Earnings Call Transcript
https://seekingalpha.com/article/4432760-imageware-systems-inc-iwsy-ceo-kristin-taylor-on-q1-2021-results-earnings-call-transcript?mail_subject=iwsy-imageware-systems-inc-iwsy-ceo-kristin-taylor-on-q1-2021-results-earnings-call-transcript&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

I'm sure there will be several dead cat bounces. Dangerous but playable

I agree the financial trends are not encouraging. Will keep a close eye

Hey, bro thanks for the message. Several I-hubbers and I made a King's Ransom with the shares but that was several years ago. This baby was a high flyer then. It started when Crocker joined the BOD and invested here. When he left the Company is really when the shares began selling off and it's been over 2 years maybe 3.

The Company needs Real creative IR and not a bunch of hand-holders.
The way the new President writes PR's is all wrong and she has caused the stock to crumble and fall.

I'm 50/50 on IWSY filing for bankruptcy this year. They are in trouble!

AJ Naddel is someone I know. In AJ I trust

ImageWare Systems, Inc. (IWSY) CEO Kristin Taylor on Q4 2020 Results - Earnings Call Transcript
Apr. 20, 2021 8:23 PM ETImageWare Systems, Inc. (IWSY)
ImageWare Systems, Inc. (OTCQB:IWSY) Q4 2020 Earnings Conference Call April 20, 2021 4:30 PM ET

https://seekingalpha.com/article/4420157-imageware-systems-inc-iwsy-ceo-kristin-taylor-on-q4-2020-results-earnings-call-transcript?mail_subject=iwsy-imageware-systems-inc-iwsy-ceo-kristin-taylor-on-q4-2020-results-earnings-call-transcript&utm_campaign=rta-stock-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha

Could be a catalyst

https://www.otcmarkets.com/filing/html?id=14866232&guid=mttpUa92779ezyh

Going higher

‘going concern’?

I know a few very bright young professionals who took jobs recently at image ware. Not knowing much else I expect they will make big contributions

I have no position yet but intend to create in later in April. This is a key space as biometrics reduce fraud and theft

Glta

ImageWare Provides Corporate Update
PR Newswire

SAN DIEGO, March 29, 2021

SAN DIEGO, March 29, 2021 /PRNewswire/ -- ImageWare® Systems, Inc. (OTCQB: IWSY) ("ImageWare" or "the Company"), a leader in biometric identification and authentication, today provided several updates related to its continuing business operations.

(PRNewsfoto/Imageware Systems, Inc.)

Management Commentary
"Since coming to ImageWare last year, I have seen our team make tremendous progress in transforming our business for its new growth phase, but we still have much work ahead," said Company Chair, President, and CEO Kristin Taylor. "We've made some difficult choices and likely have more ahead, but we are taking the necessary steps to support the long-term viability and success of our company. Our efforts in the near term will take some time before they translate to sustained financial improvement, but we are well underway and remain encouraged by the opportunities in front of us.

"Over the next 12 plus months, we will be working to complete several major operational initiatives, designed to put our company on a path to sustained growth and profitability. In addition to rolling out both new and enhanced legacy product offerings and platform integrations, we are aggressively closing on several strategic partnerships with cutting-edge, market-ready, global players as evidenced by our recent collaboration announced with Safe-T. We are also completing a comprehensive review and implementing a company-wide IP development program to maintain and expand our thought leadership. With costly cybersecurity attacks proliferating and the growing security demands of remote work, ImageWare is ideally positioned to capitalize on the ever-expanding need for simpler, safer, secure access and identification. In public safety, the ImageWare brand remains strong, enabling us to leverage that position for the imminent launch of our refreshed platform for law enforcement and public safety."

Sales Update
In the fourth quarter of 2020, the Company continued to encounter various sales and execution- related challenges associated with its rebuilding initiative, which impacted its financial results for the period. ImageWare's ongoing efforts to address these issues include upgrading its sales force and leadership team, refining its focus to expand market share and product footprint, and enhancing its legacy product offerings to support integration into its comprehensive product strategy. The Company currently expects these efforts to result in improved bookings and sales results beginning in the second half of 2021.

Additionally, the Company announced that it will be making a transition from current leadership and has begun the search for a new Head of Sales to support its expanded growth goals. In parallel, the Company will be hiring a number of new salespeople to support its North American division, as it commercializes ImageWare Authenticate, its Multifactor Authentication SaaS product, and its renewed law enforcement platform.

Chief Financial Officer Transition
ImageWare also announced today that Chief Financial Officer Jay Lewis resigned from his current position effective April 7th. He continues to support the Company in its current filings and the transition to a new CFO. ImageWare is already deeply engaged in the search for a new CFO with deep operational and turnaround skills, including regulatory, financial reporting, M&A, capital markets, and corporate finance experience.

Additional Updates
In February, the Company's Board of Directors and shareholders approved, by written consent of holders representing more than 54% of the Company's outstanding voting securities, the following resolutions:

The first resolution provides for an increase in the Company's authorized common stock from 1.0 billion to 2.0 billion shares. The increase is intended to provide the Company with additional flexibility in connection with future financings, strategic acquisitions, debt restructuring incentives, and other general corporate purposes. With the authorized share increase in place, the Company will be able to take advantage of opportunities without incurring delays and the expense associated with obtaining special shareholder approval in each such instance.
The second resolution expands the number of shares available under the Company's 2020 Omnibus Equity Incentive Plan. The Company will be adding an incremental 120 million shares to the Incentive Plan share pool to retain, attract and incentivize high-quality talent. Assuming the full conversion of all issued and outstanding preferred stock, the current issued and outstanding common stock equals 724,897,968 shares.
Separately, effective April 12, 2021, former Chairman of the Board and Chief Executive Officer, S. James ("Jim") Miller, Jr., who has served the Company for more than three decades, will no longer be affiliated with the business. Miller has been operating under a consulting agreement with the Company since November 2020; his agreement is set to expire on the date referenced.

About ImageWare® Systems, Inc.
Founded in 1987, ImageWare provides defense-grade biometric identification and authentication for access to your data, products, services or facilities. We are experts in biometric authentication and considered a preeminent patent holder of multimodal IP, having many of the most-cited patents in the industry. Our patented IWS Biometric Engine® (BE) is the most accurate and fastest biometrics matching engine in the industry, capable of our patented fusion of multiple biometrics. Part of our heritage is in law enforcement, having built the first state-wide digital booking platform for United States local law enforcement – and more than three decades of experience in the challenging government sector creating biometric smart cards and logical access for millions of individuals. We are a "biometrics first" company, leveraging unique human characteristics to provide unparalleled accuracy for identification while protecting your identity. For more information, please visit www.iwsinc.com.

Forward-Looking Statements
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "if," "should" and "will" and similar expressions as they relate to ImageWare Systems, Inc. are intended to identify such forward-looking statements. ImageWare may from time to time update publicly announced projections, but it is not obligated to do so. Any projections of future results of operations should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see "Risk Factors" in ImageWare's Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and its other reports filed with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.

Media Contact:
Jessica Belair
ImageWare Systems, Inc.
(310) 717-0877
jbelair@iwsinc.com

Investor Contact:
Tom Colton
Gateway Investor Relations
949-574-3860
IWSY@gatewayir.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/imageware-provides-corporate-update-301257312.html

SOURCE ImageWare Systems, Inc.


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Tough to evaluate this one with the large offering they are making. And why the selling shareholders are selling. But looks like sales pipeline has been increasing and margins improving. But share price has been going down every since they filed the S-1 for the offering. Too many other plays out there

there's just nothing to talk about - release some numnbers, PRs, whatever

So quiet here