Biokey International Inc (BKYI)

[SeanBoy]

Mike did mention that qtrs were up on qtr and down another.

Yes, and he proved it with a few terrible quarters over the past couple of years. Since the CGG technology didn't become available until the middle of November, it's not surprising that it contributed nothing to Q1/16.

I don't subscribe to the half-baked notion that BKYI was sold worthless or near worthless technology. Even if you assume that BKYI was conned which I'm sure some do (and I'll hear bout it), it would only hasten the demise of BKYI and CGG would lose the $8M that they had already loaned them, as well as any possible value of technology which is now exclusively BKYIs. I doubt that CGG would be where it is now if they made moronic deals like that.

I had hoped that with the access to the CGG technology, the 2016 guidance would have been something like $9M to $11M, but I don't look for any pleasant surprises. I'll settle for $7M, but would love to see $8M.