Recognized leader in the field of robot guidance, machine and computer vision
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Braintech Inc. > Message
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dilution of stock and ABB's committment to BRHI

Posted by: idoc on July 19, 2008 05:04AM

as mentioned earlier, am concerned about ABB's committment to BRHI; looking at their website, seems to have relationships with other companies doing vision robotics. How important is the BRHI technology to them currently? Is it a pivotal factor in stimulating sells of new systems? Certainly, does not seem to have resulted in 250 sells to date. Was the original contract intended to "tie up our technology" for a finite period of time and if so have we disappointed ABB so far resulting in less of a contract in the future?If any? We have not seen any documentation from ABB emphasizing the value of BRHI to them and can only hope that a new or extended contract with higher numbers is pending. Old numbers would signify "no growth",more of the same and stagnation or decrease of stock value. I wonder does anyone know what percentage of robot sells these days are vision guided? Is it increasing? exponentially? or minimally?

Again, I could not agree more with comment about dilution of stock to management or select investors. Why does moving the company to Washington DC necessitate a 1M share bonus to CEO? Seems that these incredible bonuses or options should be tied into performance and stockprice. the more shares management accumulate without expenditure of their own money certainly may incline them to accept minimal appreciation of stock price. I am certainly in favor of management benefiting from the success of the company and would like to see these options and even greater numbers of them with substancially higher strike prices ( 60 cents, 80, and $1.00); it certainly would spell a little more optimism regarding the future of the company.

finally, again does anyone know whether the downturn in the economy especially in the auto sector is significantly negatively impacting the sells of robots or has this been an opportunity for higher sells because of the decrease in the labor force and all benefits associated with "real people" versus robots?

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