Associations

WiSA Stock Value Crashes on News of New Stock Issue & Possible ‘Strategic Transaction’

October 18, 2023 by Ted 1 Comment

Current Stock Price Violates NASDAQ Listing Rule…Again

On Monday, WiSA Technologies, a developer and licensor of spatial, wireless sound technology, publicly announced the pricing of a new $4.8 million public offering of Series B convertible redeemable preferred stock and warrants. Separately, and a little less publicly, the company also filed a Form 8K with the Securities and Exchange Commission (SEC) revealing that it is “pursuing a potential strategic transaction.”

The result of both of these pieces of news is that the company’s stock value nosedived as investors turned thumbs down on this latest turn of events at the troubled organization.

See more on the new WiSA problematical issues

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Here are My Top Stories from CEDIA Expo 23

September 21, 2023 by Ted 2 Comments

A crowded Snap One booth at CEDIA Expo 23

Well, another CEDIA Expo is in the books and we return to our daily duties and launch into a new Fall season full of promise…and concerns. What were the big stories of this year’s edition of Emerald’s (a public, for-profit company that owns the show) CEDIA Expo? Well, I’ve scanned several summations from others in the media and it almost seems like we attended different Expos. Here’s what I think they are…

See my Top Stories from CEDIA Expo 2023

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CEDIA Expo 23: We’re Going to Need Crowd Control

September 9, 2023 by Ted 3 Comments

The crowds on Day 2 of CEDIA Expo 23 were equally as impressive, if not more so, as they were on Day 1. I had a mid-day meeting at the Snap One booth and as you can see in the image above, I couldn’t even get into the booth! Of course, I can only give you my impressions as there is no official count as I write this, but to my eyes it sure looks like attendance is going to be a pleasant surprise when Emerald announces the final count.

See more on Day 2 results in my final show report

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Will CEDIA Expo 23 Be a Rocky Mountain High? Or Will It Be a Low Rider?

September 7, 2023 by Ted Leave a Comment

*CEDIA CEO Daryl Friedman kicks off CEDIA Expo 23*

It’s September again and that means the approach of Fall, kids are back in school, and it’s time for CEDIA Expo. So like many of you, I packed my bags and headed to Denver, which almost feels like coming home again. But will the show this year be [musical reference] a Rocky Mountain High? Or will it be a Low Rider?

See more on the kickoff of CEDIA Expo 23

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CEDIA Bars All News Media from CEDIA Symposium on AI

August 31, 2023 by Ted 1 Comment

Photo of CEDIA HQ — CEDIA’s headquarters building in Fishers, Indiana

At the end of July, CEDIA announced that it would be holding a new kind of event called the CEDIA Symposium on the day before the CEDIA Expo 2023 opens. The association is all-in on AI apparently, and this symposium is all about AI in custom integration. The announcement promises it will offer “an engaging afternoon of thought-provoking discussions led by industry visionaries, AI experts, top integrators, and manufacturers.”

From the very beginning, there were, in my eyes, troubling elements to this initiative. Little did I know what was to come – that CEDIA would choose to bar the news media from its CEDIA Symposium

See more on CEDIA’s decision to bar the media from its CEDIA Symposium

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CEDIA Expo 2023 Registration is Now Open

May 25, 2023 by Ted Leave a Comment

Emerald Expo, owner of CEDIA Expo, announced today that registration for CEDIA Expo 2023 is now open. The industry’s largest show for custom integration professionals, the event takes place this year September 6-9, 2023 and returns to the popular Colorado Convention Center in Denver, CO.

See more on CEDIA Expo 2023

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HTSN Becomes Oasys, Welcomes an Expanded Class of Dealers as Part of Nationwide’s ‘Drive to 1,000’

March 27, 2023 by Ted Leave a Comment

Home Technology Specialists Nationwide (HTSN), part of the Nationwide Marketing Group’s stable of dealer/integrator buying organizations, announced today that it is rebranding its group, signifying an all-new image and an expanded mission to welcome an underserved class of dealers as part Nationwide’s “path to 1,000” members. HTSN will now be known as Oasys Residential Technology Group (ORTG).

Learn more about Oasys and Its expanding role

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Azione Unlimited Spring Conf. Shows Members Their Future is Unlimited

March 10, 2023 by Ted 1 Comment

Photo from Azione Unlimited's Spring Conference called the Didactic Dovecote in the Desert

Launches Two Major Initiatives Partnering with Nationwide

On Thursday, Azione Unlimited wrapped up its spring conference, this year known as the Didactic Dovecote in the Desert, which took place in Scottsdale, AZ from March 7th to March 9th. Although this is the first Azione event I have personally attended, it was an impressive display of solidarity, sharing, learning, and planning with a lot of enthusiastic participation by the organization’s members and vendors.

Perhaps most importantly, as part of the Nationwide Marketing Group’s family of companies, the association announced two major new initiatives: the Azione Academy, an online self-paced education program; and the Drive to 1,000 collective membership drive. This initiative by Nationwide is their plan to drive collective group membership to 1,000 members overall.

Learn more about the Azione spring conference…

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CEDIA Intros New Workforce Initiative – NextGen: Smart Home Career Toolkit

February 15, 2023 by Ted Leave a Comment

CEDIA NextGen Smart Home Career Toolkit image

CEDIA has launched a new workforce acquisition initiative called CEDIA NextGen: Smart Home Career Toolkit. Designed to provide integrators the tools they need to improve and expand their outreach to attract new candidates to the smart home industry, the association has created an impressive series of multimedia tools to grease the skids in getting new recruits through integrators’ doors.

Learn more about this new CEDIA workforce initiative

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The Wild Ride of WiSA Chasing Compliance

January 27, 2023 by Ted 1 Comment

WiSA Technologies, Inc. (NASDAQ: WISA) has been on a wild and rocky ride over the last few days as it scrambled to head off a delisting action by the Nasdaq stock exchange designed to force its stock listing off the exchange. At issue, the company’s business struggles that contributed to its declining stock bid prices have put it in violation of specific exchange rules governing maintained minimum pricing levels. This led the exchange to begin the delisting process, which WiSA appealed in order to buy itself some time.

The company then quickly embarked on a strategy – a mad dash really – to inflate its stock price artificially via a reverse stock split. But this tactic appears to have failed to impress investors, causing its stock bid price to collapse like an out-of-control toboggan ride down a cliff.

See the wild ride and rocky ride of WiSA

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Associations

WiSA Stock Value Crashes on News of New Stock Issue & Possible ‘Strategic Transaction’

Current Stock Price Violates NASDAQ Listing Rule…Again

See more on the new WiSA problematical issues