Microvision (MVIS +43.4%) soars after receiving a $4M order from Pioneer to supply components...

Microvision (MVIS +43.4%) soars after receiving a $4M order from Pioneer to supply components related to its HD PicoP laser-based display technology, which will be used by Pioneer in car navigation systems. Microvision, which has long sought to commercialize technology similar to what Google has developed for Project Glass, will also collect royalties from Pioneer, according to the terms of an April agreement.

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  • No. 1 Trader
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    205 people read this? That is as thin as the stock trades! This stock is so beaten down anything could make it go up! People are dying to hear good news on this. Probelm is this stock did an 8 for 1 reverse spilt (kiss of death) after which the stock has faded from a $5.00 high. They just received $5,000,000.00 for some stock. Not the first time they diluted share holder equity either. They need more than a $4,000,000.00 order to keep things going.
    31 May 2012, 09:35 PM Reply Like
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