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Lightscape Technologies Inc. (LTSC)

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Last Post: 7/13/2018 11:03:49 AM - Followers: 23 - Board type: Free - Posts Today: 0

Global Innovative Reports Fiscal Second Quarter Results Global Innovative Systems Inc. (OTCBB: GBSY) disclosed on a Form 10-QSB filed with the U.S. Securities and Exchange Commission on December 13, 2006 its results for its fiscal second quarter ended September 30, 2006. Global Innovative reported second quarter revenue of $6,585,429, a 1009% increase from the $593,811 reported a year ago. Second quarter revenues also increased 243% over first quarter results. Revenue for the six months ended September 30, 2006 totaled $8,503,943, as compared to $1,623,907 for the same period in 2005. Gross profit of $2,048,677 was reported for the second quarter, compared with gross profit of $109,756 in the second quarter of 2005, which represents a 1766% increase. Gross profit for the six months ended September 30, 2006 totaled $3,314,045, a 236% increase over the $985,323 of gross profit for the same period in 2005. Net income of $1,117,504 was reported for the second quarter, compared with a net loss of $538,541 in the same period a year ago. Net income for the six months ended September 30, 2006 totaled $894,550, compared with a net loss of $524,054 for the same period in 2005. "It was a solid quarter in all respects," said Bondy Tan, President and CEO of Global Innovative. "Our revenues have increased dramatically year-over-year and quarter-over-quarter, supported by strong results from our recent acquisitions in the lighting products and services segment. We have rapidly established a strong position in the provision of lighting products and services within our key markets of Hong Kong, Macau, China and Singapore, and we look forward to continuing the strong sales momentum we have created over the past few months. Our organization executed well during our second quarter, which also enabled us to turn the corner into positive earnings." Continued Mr. Tan, "Our wholly owned subsidiary, Lightscape Technologies (Macau) Ltd., successfully completed a major, multi-phase lighting solutions project for the Galaxy StarWorld Hotel and Casino in Macau during our fiscal Q2. The showpieces of the project are the large outdoor and indoor high resolution LED video walls. The LED video walls are controlled by our proprietary software, the AI-One Multimedia and Video Show Control System, licensed to the casino owner. This software enables the walls to display creative lighting effects in various patterns and colors, transforming the casino into an architainment landmark in Macau. Based on the influx of new enquiries Lightscape Technologies (Macau) Ltd. has received since the Galaxy StarWorld Hotel and Casino opened in October 2006, we expect that our work will serve as a springboard to additional lighting contract opportunities with other casino developments in Macau. As evidence of this, Lightscape Technologies (Macau) Ltd. has been invited by Galaxy Entertainment Group Limited to submit a bid to provide lighting solutions for its next major project, the 1,500-room luxury hotel and casino Galaxy Cotai Mega Resort in Macau." Concluded Mr. Tan, "We are pleased with our performance in our fiscal Q2 ended September 30, 2006, and we look forward to delivering additional world-class lighting solutions to major developments during the remainder of our fiscal 2007." About Global Innovative Global Innovative Systems Inc. (OTCBB: GBSY) delivers customized energy management solutions, lighting products, innovative lighting solutions and construction services. Since 1999, over 100 commercial, industrial, government and multi-residential clients have benefited from Global Innovative's solutions. Through wholly owned subsidiary Tech Team Holdings Limited, Global Innovative provides total energy management products and solutions, which optimize energy consumption, lower costs, and enhance competitiveness for clients. Through subsidiary Beijing Illumination (Hong Kong) Limited, Global Innovative manufactures and sells HID (High-Intensity Discharge) lighting products and Ultra High-Pressure Mercury Lamps. Through wholly owned subsidiary Lightscape Technologies (Macau) Ltd., Global Innovative provides full service lighting design solutions including LED video walls, interior set design and fabrication, computer-controlled special effects, intelligent lighting, laser and multimedia technologies. Through joint venture subsidiary Pro Shing Construction Team Macau Limited, Global Innovative provides a comprehensive range of design and build services for major development projects, including site foundation construction, building construction and fitting-out work. Our headquarters are in Hong Kong, and we have offices in Singapore, China, Macau and Canada.
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#170   Terrible drop... Im not familiar enough with this stayinin 07/13/18 11:03:49 AM
#169   pushed down on very low volume SkyFullOfStars 07/13/18 10:54:13 AM
#168   What happened here? stayinin 07/13/18 10:42:18 AM
#167   Here's some info links to help try and stayinin 07/06/18 05:02:05 PM
#166   Its all we can do! Thank you so stayinin 07/06/18 04:28:03 PM
#165   I sent an email out to lei_chen58@yahoo.com as SkyFullOfStars 07/06/18 04:25:59 PM
#164   Ive written to the old holder and the stayinin 07/06/18 04:10:25 PM
#163   I found an email for this one, hopefully stayinin 07/06/18 02:25:54 PM
#162   the two companies? SkyFullOfStars 07/06/18 02:08:58 PM
#161   Ok, thanks for responding :) Hopefully someone has stayinin 07/06/18 01:07:45 PM
#160   As far as I know there are no adijas 07/06/18 01:01:09 PM
#159   Nice! Seeing the other tickers with Chen name stayinin 07/06/18 12:50:41 PM
#158   Giant spread LongtermLopes 06/20/18 11:21:49 AM
#157   Wonder who the lucky one who got 30k LongtermLopes 06/19/18 09:32:04 PM
#156   me too, got a starter of 40K @ 0.0076 itsthebox1 06/19/18 04:37:57 PM
#155   Luckily got some .0076s LongtermLopes 06/19/18 03:49:48 PM
#154   Nice. Was bidding too, but a bit too low. adijas 06/19/18 03:46:55 PM
#153   Got some cheapies LongtermLopes 06/19/18 03:38:03 PM
#152   What happened? Just impatience I’m guessing? LongtermLopes 06/19/18 03:37:56 PM
#151   Not very much people know about LTSC yet. adijas 06/07/18 10:29:58 AM
#150   was waiting for someone to post that lol SkyFullOfStars 06/07/18 09:40:52 AM
#149   New officer Lie Chen. RM coming https://www.nvsos.gov/sosentitysearch/corpAction adijas 06/07/18 09:39:47 AM
#148   Agreed. nickroc 05/11/18 08:35:04 PM
#147   This will be a real nice runner SkyFullOfStars 05/11/18 08:34:09 PM
#146   Did a little digging today. Here is some DD... nickroc 05/11/18 01:02:47 PM
#145   this one is going to catch everyone by surprise SkyFullOfStars 05/09/18 10:43:26 AM
#144   Slow n steady under the radar TruthistoldTruthfully 05/04/18 02:46:09 PM
#143   working its way up! SkyFullOfStars 05/04/18 02:15:46 PM
#142   Under the radar 2m bid .0051 TruthistoldTruthfully 04/30/18 10:53:22 AM
#141   this is being loaded... big developments are no SkyFullOfStars 04/02/18 10:20:03 AM
#140   Crazy bid ask spread here never saw this before. Biddock1 03/29/18 10:31:39 AM
#139   This is the weirdest trading stock I have Biddock1 03/29/18 10:29:10 AM
#138   500k buy so thin Biddock1 03/29/18 09:52:20 AM
#137   Nice buy 500k Biddock1 03/29/18 09:45:56 AM
#136   Mms playing games bought a starter will bid more Biddock1 03/23/18 10:31:22 AM
#135   me too, lookin to grab more as well.. SkyFullOfStars 03/22/18 09:12:43 PM
#134   Yup I was loading it up on that drop $hellKing 03/22/18 03:29:35 PM
#133   Do you still like LTSC looking to pick Biddock1 03/21/18 05:50:45 PM
#132   Interesting infor ShellKing. Thanks for sharing that! tedpeele 03/21/18 11:36:30 AM
#131   Could be I was wondering if someone missed $hellKing 03/21/18 11:14:18 AM
#130   thin to .01!! SkyFullOfStars 03/20/18 11:19:53 AM
#129   From the last filing, it states the OS Big Poppa Pump 03/20/18 12:25:23 AM
#128   It traded up on a big trader noticing tedpeele 03/16/18 08:26:46 PM
#127   Used to follow this stock ..... very odd Honeybooboo 03/16/18 08:16:48 PM
#126   last I'm seeing is a 3/31/10 10q showing tedpeele 03/16/18 08:15:44 PM
#125   or maybe someone who sold most for a tedpeele 03/16/18 08:01:46 PM
#124   yeah talk about a sell off. some $hellKing 03/16/18 06:36:47 PM
#123   What’s the actual share structure here? Honeybooboo 03/16/18 06:17:02 PM
#122   huge selloff - looks dirt cheap. tedpeele 03/16/18 02:45:58 PM
#121   I did not see the connection. Can you Femto99 03/12/18 05:08:40 PM
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