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Lightscape Technologies Inc. (LTSC)

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Last Post: 4/2/2018 10:20:04 AM - Followers: 20 - 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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#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
#120   great find! eom. tedpeele 03/07/18 11:36:38 AM
#119   Shhhhhh not yet! Lol SkyFullOfStars 03/06/18 08:49:56 PM
#118   ltsc could be a dollar runner sleeper. i gonzilee 03/06/18 08:37:40 PM
#117   anybody realize that the guy behind the recent gonzilee 03/06/18 08:36:56 PM
#116   adijas 03/02/18 03:34:30 PM
#115   on sale at .0067 - wow! tedpeele 03/01/18 02:00:56 PM
#114   Still holding here, 2m on the bid .0041. Ngrlicious 02/28/18 11:48:20 AM
#113   price is enticing on pullback. BELR CEO tedpeele 02/27/18 12:03:32 PM
#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