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  "documentTitle": "Axon Enterprise (formerly TASER) (AAXN)",
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  "presentationDate": "2019-06-19 00:00:00",
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  "notes": "Uses a table to demonstrate the deterioration of VIEVU's financial performance post-acquisition.",
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      "kind": "callout",
      "text": "CFO on Q1'2018 Call: \"We only recently closed on the deal and are still working to quantify the extent of these synergies. But expect there to be significant opportunities to rationalize expenses by eliminating duplicate sales efforts in combining certain aspects of our teams both of which are based in Seattle\".",
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      "text": "While claiming opportunities to rationalize costs by eliminating duplicate sales efforts, a year later, and VIEVU’s website is still operating with a phone line separate from Axon’s remaining operation and professional service costs are increasing.",
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      "text": "Loss From Operations: -252%",
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      "text": "Axon's VIEVU deal looks like a major disappointment. Despite claiming opportunities for cost savings, the deal has resulted in a lawsuit with a former employee, FTC subpoena for information, and a high profile product snafu when one caught on fire.",
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      "text": "We only recently closed on the deal and are still working to quantify the extent of these synergies. But expect there to be significant opportunities to rationalize expenses by eliminating duplicate sales efforts in combining certain aspects of our teams both of which are based in Seattle. — CFO on Q1’2018 Call",
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      "text": "1. \"NYPD Removes Nearly 3,000 Body Cameras After One Catches Fire\" - Oct 2018 WSJ\n2. VIEVU website contact vs. Axon's contact\n3. Q1'19 Axon cited cost of services sales increasing from VIEVU",
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      "text": "VIEVU Failed Promises",
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