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MicroVision product termination and more -7
I've been warning about MicroVision for a long time and the axe finally fell today. Under the guise of issuing preliminary results the company disclosed that "it was recently informed by the OEM that products using the interactive display module will not be launched in 2020 as the company expected." The CEO has resigned along with a board member and the company is cutting 60% of its work force. As a reminder, this leaves virtually no chance that the delayed delisting will avert that eventuality, not that I saw much to begin with. Don't expect to hear any more from me about MVIS, which will eventually join SCON on the public side of the website.