| To: deeno who wrote (64) | 9/20/2007 4:13:20 PM | | From: deeno | | | | Very bias Blog, but oh well.
Jameel Ahed took the fifth in iRobot Lawsuit deposition!
Strange, but true. You remember the Dumpster diving pics from iRobot's lawsuit against Robotic FX, right? Well, Robotic FX CEO Jameel Ahed in his deposition apparently didn't want to talk about what evidence he may have tossed, citing his Fifth Amendment right against self-incrimination. You know, exactly the kind of thing that inspires confidence in a company that is about to deliver 3,000 robots to protect our soldiers for $280 million.
That's from a new document provided by iRobot investor simpsonsez via Pacer, which also includes the allegation from iRobot that their investigators found a laptop in Robotic FX's COO's home whose hard drive had recently been erased! That revelation and more are included in this iRobot filing in Alabama opposing Robotic FX's request to move the case to Massachusetts. You can see just how many times Jameel's deposition testimony had to be stricken here (A lot).
Robotic FX meanwhile argues in this filing that iRobot is really trying to be awarded the $280 million xBot contract and that Federal Claims Court is the correct venue for that now that the contract has been awarded. They also argue that the robots are needed in a time or war to protect soldiers (true) and that the contract calls for Robotic FX to deliver *two* robots by Sept. 24th to the military. (IF the injunction is granted, Robotic FX obviously will not then be able to fulfill the contract.)
Other documents are relatively minor:
* Here are the requirements for the xBot competition.
* The Birmingham Council minutes
show a sale from Robotic FX in September 2006.
* A Declaration from one of iRobot's lawyers attesting to the authenticity of documents.
There is a court hearing today. It's unclear if we will know anything, however, as simpsonsez notes, as iRobot has successfully had some of the case put under court seal, presumably so they can protect the company secrets that they allege Jameel swiped for his Negotiator robots.
Big thanks to simpsonsez! |
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| To: deeno who wrote (66) | 9/28/2007 11:10:57 PM | | From: techlvr | | | | I live in California, so unfortunately I won't have any use for one. But when I lived in Iowa and Vermont, I would have loved one.
The Connector looks very interesting. For families with small children or elderly parents this could be huge. Though my parents are healthy, they are in their middle 80's and having one on hand for the inevitible day one of them becomes injured or ill would be worth the $500.
Techlvr |
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| From: Mark Fleming | 3/18/2008 2:09:43 PM | | | | | | | I run the new HomeRobots.com web site. It's about anything related to robots for the home. iRobot of course is a big player in this field. I'm wondering if anyone would like to contribute an original article about investing in iRobot, targeted at those who are interested in investing in home robotics. If you have a web site related to investing or robots, you can place a link to at the end of the article. If interested, please send me a note using the contact form on the web site. |
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| From: JakeStraw | 9/1/2009 3:25:47 PM | | | | | | iRobot Receives Order from the U.S. Army for $35.3 Million
Tuesday September 1, 2009, 8:30 am EDT
finance.yahoo.com
This order falls under the $286 million Indefinite Delivery/Indefinite Quantity (IDIQ) xBot contract and calls for the delivery of 486 iRobot PackBot 510 with FasTac Kit robots prior to March 31, 2010. The total contract value to date under this IDIQ is approximately $125 million. |
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