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Lightscape Technologies Inc. (LTSC)

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Last Post: 2/16/2018 5:06:26 PM - Followers: 16 - 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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#112   Watching for the bottom... GhosT GhosTraderX 02/16/18 05:06:26 PM
#111   Hope updates come soon. Don't want to see retireat40 02/16/18 02:16:10 PM
#110   Weak retail hands, there is blatant manipulation here Ngrlicious 02/16/18 10:15:29 AM
#109   Holding a good chunk for updates. Risk to AddiUpTrend 02/16/18 10:07:10 AM
#108   LOL...or not. retireat40 02/16/18 10:04:59 AM
#107   Still and all...who are the idiots selling sub retireat40 02/16/18 10:02:47 AM
#106   I agree...may not pop back until next week. retireat40 02/16/18 09:32:26 AM
#105   What is the impetus for buying here? JPGetty 02/15/18 11:47:14 PM
#104   It gained over 800% in a day... retrace Ngrlicious 02/15/18 10:37:26 PM
#103   (YAWN).. Im waiting.. LOL PyschoNoobStock 02/15/18 03:37:53 PM
#102   Just a nice hold. Plain and simple THE GOLD STANDARD 02/15/18 03:22:48 PM
#101   Back to .01...smh retireat40 02/15/18 03:14:36 PM
#100   I'm bid sitting until updates. For this to AddiUpTrend 02/15/18 01:19:32 PM
#99   Now no one even wants .013. These one-day retireat40 02/15/18 01:14:29 PM
#98   After 700%+ run yesterday it is needs little mzasif 02/15/18 11:37:33 AM
#97   Morning folks. Slow market today not much out BERKSHIRE AGENT 02/15/18 11:24:56 AM
#96   $LTSC .018 back up! Mega thin. Once those BCNstocks 02/15/18 11:08:12 AM
#95   18s back up after that 35s!!! Bids building AddiUpTrend 02/15/18 10:57:54 AM
#94   018s being bought about to move up higher AddiUpTrend 02/15/18 10:56:05 AM
#93   Bids are building up! AddiUpTrend 02/15/18 10:50:22 AM
#92   MM CDEL flashed 5mil on the bid ! AddiUpTrend 02/15/18 10:47:51 AM
#91   018s are up! AddiUpTrend 02/15/18 10:37:26 AM
#90   I dont mind waiting for the cheap shares AddiUpTrend 02/15/18 10:33:03 AM
#89   Agree - they want to bring it down mzasif 02/15/18 10:31:51 AM
#88   I know if i wait long enough ill AddiUpTrend 02/15/18 10:26:44 AM
#87   Dummies trying to unload at 015, 0165 and 018 AddiUpTrend 02/15/18 10:25:23 AM
#86   Yes, once .0165 & .018 are knocked out mzasif 02/15/18 10:23:42 AM
#85   About to take out the 100k at 0.018 AddiUpTrend 02/15/18 10:05:09 AM
#84   100k at 0.018 , 60k at 0.019 then AddiUpTrend 02/15/18 09:59:35 AM
#83   Looks like selling is done and MMs lining AddiUpTrend 02/15/18 09:52:40 AM
#82   But at .018 ARCA providing bid support down AddiUpTrend 02/15/18 09:02:27 AM
#81   Got my sell or set to sell 75% AddiUpTrend 02/15/18 08:52:30 AM
#80   Can't disagree with that :) AddiUpTrend 02/14/18 07:29:08 PM
#79   .25 sounds good to me but then again BERKSHIRE AGENT 02/14/18 07:10:25 PM
#78   The ticket symbol itself has the cryptocoin ring AddiUpTrend 02/14/18 06:56:13 PM
#77   800%++ today wheeeeeeeeeeeeeeeeeeee :) BERKSHIRE AGENT 02/14/18 05:05:29 PM
#76   Yep! LTSC closed at .023! :) BCNstocks 02/14/18 04:48:39 PM
#75   Nice day and close :) BERKSHIRE AGENT 02/14/18 04:24:41 PM
#74   Ok. Fair enough. This one caught mikewazowski 02/14/18 03:57:06 PM
#73   Looking for filings from CEO, scroll down for Ngrlicious 02/14/18 03:54:27 PM
#72   Wow! What's the deal on mikewazowski 02/14/18 03:52:11 PM
#71   Super thin L2 this beast is going much Ngrlicious 02/14/18 03:35:07 PM
#70   wild swings, trades so thin Rainer 02/14/18 02:40:47 PM
#69   Filings coming next. Get idiot flippers out first. BCNstocks 02/14/18 02:38:58 PM
#68   Filings hits next then its game on bring BERKSHIRE AGENT 02/14/18 02:30:21 PM
#67   LTSC at .01 after hitting almost .03 today BCNstocks 02/14/18 01:47:38 PM
#66   Are these affiliations now defunct? It doesn't appear ragi 02/14/18 01:05:52 PM
#65   $LTSC nice find! >> BCNstocks 02/14/18 12:21:59 PM
#64   Read my mind!! Gem here!! Maso11 02/14/18 12:20:04 PM
#63   This will most likely go into crypto. 2 adijas 02/14/18 12:18:10 PM