Capt_Smith77
2 days ago
This right here is the type of contract that could take a company like this to true relevance.
Parking lot theft is just absurd, and when it comes to hotels, I can fully relate as I had to deal with hundreds of breakins over the years, the majority of which I was lucky enough to have my shift ended before the pissed off guest woke to find out. Eventually we stopped calling the police unless the actual vehicle owner was the one making the complaint. The only exception might be if weather was in play, as then the police really need to run the plates so we can wake their asses up to come down and deal with their mess. Otherwise, the police really aren't thrilled to be running plates for breakins.
One time I had just finished up most of my work, and had a fan running as it was relatively warm where I was at, and I thought I heard a squeaking tire noise. I turned off the fan just to be sure, and could hear a car starting to move and then breaking, about every ten to fifteen seconds. I ran to the back of the hotel and opened the door to the back part of the parking lot. One guy saw me and ran behind the cars on the left, while another took off on the right. A car then zipped off in each direction, but by then they had already broken into five vehicles. Considering the dangers of the area, I ran to the awning where I had my vehicle parked underneath, in case I needed my AK47. Working up in Fort Worth overnight you better have something available for protection.
In general, vehicles are rarely stolen, but breakins are very frequent with hotel parking lots, and I would imagine parking lots in general. Once we even had an employee have her cat converter stolen in broad daylight. She quits days later. Guests (and employees) want a safe environment, and hotel cameras are a complete joke, if they even work half the time. Another huge ass joke is hotels hiring a third party security firm, where incompetent, useless men and women patrol the parking lots in golf carts, but only when they're not sleeping or trying to hide in the hotel to flap their gums or take their tenth restroom break. Once we had one of these security members come into the hotel to report odd behavior at the bank next door. I recommended that he call the police if he felt it necessary, but he didn't wish to "get invovled". The next day that bank was robbed.
It seems as though a lot of the customers for this company's product are wanting to keep them on board, with some having very high claims of improved safety figures. When it comes to parking lots, its more about preventing theft and other issues than anything, and signing a deal like this with a private hospitality company could eventually lead to something much bigger with one of the major chains. I mean hell, even Pelaton managed to get their foot in the door with Hilton, forcing each franchise owner to add their bicycles, which were severely delayed in being shipped. These big chains LOVE to find ways for their franchise operators to spend money to offer their guests the most amenities, and forcing them to all take on yearly contracts with a security company like this just makes so much sense. The best part of an entire hotel chain taking on a security contract here in the US is that every other hotel chain would be expected to match it on some level.
Monroe1
4 weeks ago
I like this company but not the RS right now.
Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes
195,652,874 1,738,574 778,364 0
Proposal 3 โ Approval of amendments to the Companyโs amended and restated certificate of incorporation to effect a reverse stock split of the Companyโs Class A Common Stock, par value $0.001 per share (the โClass A Common Stockโ) at a ratio ranging from any whole number between 1-for-5 and 1-for-50, as determined by the Board in its discretion, subject to the Boardโs authority to abandon such amendments.
Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes
187,392,499 9,774,778 1,002,535 0
Proposal 4 โ Approval of amendments to the Companyโs amended and restated certificate of incorporation to effect a reverse stock split of the Companyโs Class B Common Stock, par value $0.001 per share (the โClass B Common Stockโ) at a ratio ranging from any whole number between 1-for-5 and 1-for-50 (which ratio shall be the same ratio as the reverse stock split determined by the Board in Proposal 3), as determined by the Board in its discretion, subject to the Boardโ authority to abandon such amendments.
Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes
187,559,609 9,460,550 1,149,653 0
1dmg1
1 month ago
The financials are worse than I expected, and frankly a fn mess. With marketing firm pumping the stock with new this and that, an investment company projected unrealistic PPS, lawsuit for shorting, zero transparency IMO. I did M&A for 25 years and this would be considered a bad shell game. Management again in my opinion, violated fiduciary responsibility. As a result shareholders are screwed. Conceptually product makes sense and obviously market is receptive. Executed greed and mismanagement succeeded. lol. From beginning on Start Engine supported the Company. Averaged down like a dumb ass and my biggest loser in decades. Sell the fn company or give it away.