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interesting.
try www.iteknik.com and see what happens
The domain name iteknik.com was recently registered at www.DomainsNext.com!
Cheap Domain Registration since 1999 CALIFORNIA USA
ok, thank's well we'll see what happens.
Everything you don't want to know is posted on the Silicon Investor thread.
http://www.siliconinvestor.com/subject.aspx?subjectid=56319
anyone home????
looking for some info.
i'm from Belgium have some tlst but can't find any info anywhere!!
thank's
Jeroen
BEL
When it gets off the pinks.
Man, when is this thing going to take off?
TLST
Telesis Technology Corporation Receives New Orders Totaling in Excess of $570,000
PALMETTO, Fla.--(BUSINESS WIRE)--April 7, 2006--Telesis Technology Corporation (OTC:TLST) today announced that the Company has received a series of new orders totaling $570,000.00 specifically for the support of weapons systems, ground support and aerospace equipment spares program as of the first quarter of 2006. Deliveries and performance on these contracts are expected to commence during the first half of 2006. During the first quarter the company also received its first subcontract from a prime contractor. The name and details are kept confidential due to contractual requirements imposed and due to competitive reasons.
Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis commented: "Telesis continues to effectively execute its business plan as we continue to build out our infrastructure and systems to be able to increase support and capacity for potential large orders. We are laying a fine foundation to sustain and maintain growth for our new focus. We remain confident that our strong operating performance will continue and grow with our infrastructure for the remainder of 2006 and going into 2007. We have also implemented a new strategy to increase subcontract work for the major prime contractors, this strategy has already started to materialize as we received our first subcontract award for the support of armored vehicular equipment."
About Telesis Technology Corporation
Telesis Technology Corporation is a diversified Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Nebraska and Florida. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the SEC.
TLST Coverage
http://microcapgems.com/newsletter/37.html
TLST and PVX Update the Investment Community in All New Interviews With www.wallst.net
NEW YORK, Jan 31, 2006 /PRNewswire via COMTEX/ -- On January 24, Hasit Vibhakar, President and CEO of Telesis Technology Corporation (Pink Sheets: TLST) updated the investment community in an all-new interview with www.wallst.net. Interview highlights include detailed discussions on the following topics:
-- overview of the company, each of its divisions, and target markets
-- current customers
-- current capitalization
-- near-term growth opportunities; strategy to capitalize on industry
trends
-- laying the groundwork for long-term growth
-- upcoming strategic and financial milestones
On January 25, Tom Buchanan, CEO of Provident Energy Trust (NYSE: PVX) updated the investment community in an all-new interview with www.wallst.net. Interview highlights include detailed discussions on the following topics:
-- advantages of an energy trust over a conventional oil and gas company
-- current capitalization
-- capital spending in 2006
-- near-term growth prospects
-- value-driven acquisition strategy
-- competitive advantage over other Canadian energy trusts
-- upcoming strategic and financial milestones
To hear the interviews in their entirety, visit http://www.wallst.net , and click on "Interviews/Podcasts." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews/Podcasts" page or by entering the respective company's ticker symbol in the Search Archive window at the bottom of the "Interviews/Podcasts" page.
About WallSt.net
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We are expecting to receive two thousand two hundred fifty dollars from Telesis Technology Corporation for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .
Contact: Nick Iyer
1-800-4-WALL-ST
SOURCE WallStreet Direct, Inc.
TLST
TwinTrader.com Announces the Initiation of Profile Coverage for Telesis Technology Corporation
http://www.knobias.com/individual/public/news.htm?eid=3.1.0549661e6b15d37471e4e0b61de54a4a19703201ca...
Pilfered post by a respected poster on SI...
10/17/2005 12:58:17 PM
I became enamored with a pink sheet company enough to get on a plane and fly down to Florida to take a look for myself and shake hands with the CEO. Like most of us here I'm a bit leery of pink sheet companies. However, I've kicked the tires enough on this one to feel like it's in the "special" category.
The company is Telesis Technology Corp.(TLST) (TLST.pk)
Share price: .40 x .50
19.3M shares outstanding
Float: 2M
Approximately 20 employees
Last quarter (Q2 June 30) $962k vs $330k, net income $73k (0.00 eps)
TLST designs, develops, tests, manufactures, and markets a diverse range of aerospace and defense products for commercial and governmental customers. They are a "boutique" that makes high end, high margin assemblies etc. The DOD accounts for roughly 80% of their business.
TLST was formed in June of 2002 and began trading on the pink sheets September of 2004.
They are not a developmental stage company - they sell products and make money. Revenues are growing fast. I'm estimating they could do close to $4M in revenues in 2005.
They show a very good growth curve:
2003: $750k
2004: $1.4M
2005: $4M (my guesstimate)
TLST is working diligently to be listed on the BB or AMEX in the very near future. They have been filing voluntarily. A better listing will undoubtedly give them better visibility. IMHO many investors know of TLST but are waiting for the listing before jumping in or initiating coverage.
The company is located in Palmetto, FL. They are also nearing completion of a new facility in Superior, Nebraska. This will give them an outstanding custom built, centrally located base to ship from. The city of Superior was very supportive financially of their new distribution and assembly building and the local labor pool will be beneficial. Overall this was a GREAT deal for TLST.
I visited the Palmetto, FL headquarters and met with the CEO, Mr. Hasit Vibhakar. In short I was very impressed with him. He is hard working, driven, and thinks big. He has a strong background in defense contracting. He has an engineering degree and an extensive background in sales, having previously worked for Harris Corp. He knows the defense landscape.
This company is his baby and it shows. He is heavily invested in his own company. He is determined to grow the company without giving it away. He's building a story based on revenue growth and profitability - this is not a pie-in-the-sky pink sheet. I was very impressed by his focus on building the company based on revenue growth and profits, not on hype or promises. He knows if he "builds it they will come." I like that attitude - a lot.
In a nutshell:
TLST is unknown.
They are preparing to move from the pinks to BB or AMEX.
Low outstanding, low float.
CEO has vision and a good background.
3 years of outstanding revenue growth.
Building out their infrastructure.
This is a story that's only in the first or second inning.
Telesis Technology Corporation Reports Third Quarter and Nine-Month Results for 2005
PALMETTO, Fla., Nov 15, 2005 (BUSINESS WIRE) -- Telesis Technology Corporation (OTC:TLST) today announced results for the third quarter ended September 30, 2005.
Sales revenue for the three months ended on September 30, 2005 was $802,729.00 compared with $260,198 for the same period ended a year earlier in 2004. This was an increase of 208%. Gross Profit for the three months ended on September 30, 2005 was $184,652 compared with $133,773 for the same period in 2004. This was an increase of 38%. Telesis Technology Corporation reported a net income before taxes for three months ended September 30, 2005 of $77,278.00 compared with $30,527 for the same period in 2004. This was an increase of 153%
Sales revenue for the nine months ended on September 30, 2005 was $2,426,758.00 compared with $938,327.00 for the same period ended a year earlier in 2004. This was an increase of 159%. Gross Profit for the nine months ended on September 30, 2005 was $572,020.00 compared with $351,356 for the same period ended a year earlier in 2004. This was an increase of 63%. The company reported a net income before taxes for the nine months ended September 30, 2005 of $262,407.00 compared with $94,596.00 for the same period in 2004. This was an increase of 178%
"Telesis reported an outstanding third quarter and Nine months result," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation. "Record sales and profitability were achieved for the three and nine month periods, and we were able to grow the company organically all along. The company today has achieved a milestone in that it has produced 12 consecutive quarters of positive revenue growth and positive net income. I am pleased with our performance to date considering the company was only founded 3 years ago. The company has also not accumulated any deficits since inception."
About Telesis Technology Corporation
Telesis Technology Corporation is a Federal Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Palmetto, Florida, and Superior, Nebraska. Company information can be obtained at http://www.telesistechnology.com
TLST -- TELESIS INTERVIEW.
http://www.wallstreetreporter.com/profiles/TelesisTechnologyCorporation.html
Telesis Technology Corporation Sells Telesis Test Labs Division to Celerity
PALMETTO, Fla., Oct 26, 2005 (BUSINESS WIRE) -- Telesis Technology Corporation (OTC: TLST) today announced that it has sold its Telesis Test Labs Division to privately held Celerity in a cash transaction. The details of the agreement and purchase price were not disclosed. The transaction closed October 21st, 2005 and will positively impact the fourth quarter financials ending December 31, 2005. The sell side of the transaction was represented by The Sinclair Group of Sarasota, Florida.
"Our Test Labs division represents approximately 3 percent of our total annual revenues," said Hasit Vibhakar, President of Telesis. "Selling this division will allow us to focus on our core Aerospace & Defense Divisions. This transaction provides a very positive return on our equity and investment."
Commenting on the acquisition, Ms Cynthia Berube, President of Celerity stated, "Telesis Test Labs is a profitable and growing business division that fits well with our core competencies and market focus. Our programming & engineering services coupled with the capabilities we acquire in this deal will allow us to provide a one stop solution for all our customers."
About Telesis Technology Corporation
Telesis Technology Corporation is a Federal Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Nebraska and Florida. Company information can be obtained at http://www.telesistechnology.com
About Celerity Test Labs, Inc
Celerity Test Labs, Inc provides engineering & testing services to suppliers & end users of electronic components. The Company specializes in the pre-production and validation of board level components.
"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties. Statements in this press release other than statements of historical fact are forward-looking statements that are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties that may cause the company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. You should not place undue reliance on forward-looking statements, because they involve these risks and uncertainties. You should independently investigate and fully understand all risks before making investment decisions.
SOURCE: Telesis Technology Corporation
Tuesday , October 25, 2005 07:37 ET
PALMETTO, Fla., Oct 25, 2005 (BUSINESS WIRE) --Telesis Technology Corporation (OTC: TLST) today announced that it has officially received ISO 9001:2000 and AS9120:2002 Certification. The company was awarded the certification for its quality management system to be in conformance for the scope of federal government, aerospace supplier and defense products contractor. AS9120:2002 is an aerospace quality standard that will enable the company to improve its quality management system to level with the global standard adopted by the aerospace industry. Telesis customers require manufacturers and their suppliers to have quality systems certified to ISO 9001 and AS9100. This certification verifies that Telesis quality management systems meet the highest standards.
"The attainment of the internationally-recognized ISO 9001 quality standard is a very key element of our business strategy as Telesis continues to sharpen its focus on servicing the fast-growing defense products market," said Hasit Vibhakar, chairman and chief executive officer of Telesis. "This will enable us to continue to expand our services to our existing customers while providing us further competitive strength to attract new ones."
About Telesis Technology Corporation
Telesis Technology Corporation is a Federal Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Superior, Nebraska, and Palmetto, Florida. Company website is http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the U.S. Securities and Exchange Commission.
SOURCE: Telesis Technology Corporation
Telesis Technology Corporation
Investor Relations:
Hasit Vibhakar, 941-795-7441, ext. 228
ir@telesistechnology.com
http://www.telesistechnology.com
Copyright Business Wire 2005
TLST - 10/17/2005 up 22% on 40k volume. Pre earnings play? Please share your thoughts...............
Greenfelt-TLST future.
Greenfelt: If the float is 1.3 million shares, then according to the fundamentals and P/E calculation in your message below, why is this not at $ 4.00? This is at $ 0.60 today. What is the story with this company? The stock looks undervalued in all aspects. I looked at the 10Q ending June 2005, this company is making money, What amazed me is that it has no debt and no accumulated deficit like 99% of pinksheet companies. Mr. Greenfelt, please explain then why is this stock trading so low. ($ 0.60)? There has to be a valid reason for the stock price to be where it is.......Do you see it being at $ 4.00 anytime soon? Is this a good entry point or not?
TLST-Greenfelt: You were right about the fact that today the company (TLST)is trading at 30 time P/E your projections were on target, any more ideas on what this will do? What about CVU and AIM? I have them on my portfolio as well.
Telesis Technology Corporation Receives FAA (AC-00-56A) & TAC 2000 Accreditation & Certification
Friday , September 30, 2005 11:55 ET
SUPERIOR, Neb., Sep 30, 2005 (BUSINESS WIRE) --Telesis Technology Corporation (OTC:TLST) today announced that it has officially received Federal Aviation Administration (FAA-AC-00-56A) Accreditation and Certification today. The company solidified its aerospace quality standards and systems by becoming certified and accredited for the TAC-2000 quality assurance standard and obtained certification and accreditation to FAA's Advisory Circular Standards (AC 00-56).
"This is a huge milestone achieved by the company to receive accreditation by the FAA. This allows us to rapidly implement our commercial aerospace plans. One of them is to commence with our first aircraft airframe tear down," said Hasit Vibhakar, chairman and chief executive officer of Telesis. "This certification also allows us to enter the elite commercial aerospace repair station sector which complements our other successful business divisions."
The FAA AC-00-56A certification was designed by aviation industry leaders and the Federal Aviation Administration (FAA) to provide for the accreditation for civil aircraft industries. The certification provides a quality system standard that is used by the contractor and is audited by an approved registrar to make sure the contractor is adhering to that standard. The contractor must implement procedures to ensure that the products they supply satisfy the customer's aviation quality requirements and that the parts documentation accurately reflects the criteria identified in the FAA standards.
About Telesis Technology Corporation
Telesis Technology Corporation is a Federal Aerospace and Defense Contractor. Telesis Technology Corporation has several operating divisions with main locations in Superior, Nebraska and Palmetto, Florida. Company website is http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the U.S. Securities and Exchange Commission.
SOURCE: Telesis Technology Corporation
Looks like they are over 50% in revenues from 2004. Thats pretty good. Is this company profitable????
I lost track of them for teh quarter with my other investments.
TLST: Receives New Orders Totaling in Excess of $601K
Monday , August 29, 2005 10:13 ET
Telesis Technology Corporation (TLST) announced that the Company has received a series of new orders totaling $601,000 specifically for the repair and maintenance of weapons systems, ground support and commercial equipment spares program as of August, 2005. Deliveries and performance on these contracts are expected to commence during the third quarter of 2005 and continue through the fourth quarter of 2005.
greenfelt - looks like good #'s to me also - if you have any DD you could share with me about the company i would appreciate. I skimmed thru their May 10Q - why are these guys on the pinks if they are properly reporting ?? Any info appreciated. Footwedge.
WOW, Greenfelt, this is awesome news, THESE NUMBERS ARE PRETTY SOLID. Do they actually make money as a company...........pretty rare.
Thanks for teh news, they were forgotten like all teh other micro caps.
Telesis Technology Corporation Reports Year End Results For 2004
Monday , March 28, 2005 08:39 ET
PALMETTO, Fla., Mar 28, 2005 (BUSINESS WIRE) --Telesis Technology Corporation (OTC:TLST) today announced results for the year end and twelve month results ended December 31, 2004.
Sales revenue for the year end and twelve months ended on December 31, 2004 was $ 1,545,180.00 compared with $ 721,419.00 for the same period ended a year earlier in 2003. This was an increase of 114% in Revenues. Gross Profit for the year end and twelve months ended on December 31, 2004 was $ 511,950.00 compared with $ 202,831.00 for the same period in 2003. This was an increase of 152%. Telesis Technology Corporation reported a positive net income after tax for the year end and twelve months ended December 31, 2004 of $ 89,159.00 or $ 0.01 basic earnings per share (EPS). This is a 49% increase from 2003 net income earnings.
Total Assets for the twelve months ended on December 31, 2004 were reported at $ 1,391,573.00 compared to $ 502,301 for the same period in 2003. This was an increase of 177%. Total Liabilities for the twelve months ended December 31, 2004 were $ 471,690 compared to $ 158,971 which is an increase of 196%.
"Telesis reported an outstanding year end and twelve month operating result," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation. "We generated positive cash flow while growing our core assets by 177% all by organic growth. Shareholder's equity has increased to $ 919,883. We maintained very strong gross profit margins at 33.1% on strong demand and acceptance of our products and services."
About Telesis Technology Corporation
Telesis Technology Corporation designs, develops, tests, manufactures and markets a diverse range of Aerospace & Defense products. Our products are in worldwide use, supporting communication systems, networks, test systems and applications for the Aerospace & Defense sectors. Telesis Technology Corporation has several operating divisions with locations in Palmetto, Florida; Superior, Nebraska and Singapore. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation & Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the SEC.
SOURCE: Telesis Technology Corporation
Telesis Technology Corporation, Palmetto
Investor Relations:
Hasit Vibhakar, 941-795-7441 ext: 228
ir@telesistechnology.com
Copyright Business Wire 2005
GREENFELT, It looks like they are ahead of their plans, thsi si teh latest press today. I have some technology background and they are really ahead of many companies in compliance for manufacturing the semiconductors.
Telesis RF Completes Program for ROHS Compliance
Friday , March 11, 2005 09:37 ET
PALMETTO, Fla., Mar 11, 2005 (BUSINESS WIRE) --Telesis Technology Corporation (OTC:TLST) today announced that Telesis RF, a division of Telesis Technology Corporation and a leader in the manufacturing of high performance discrete semiconductors has completed a program to comply with ROHS (Restriction of Hazardous Substances) requirements that will go into effect on July 1st, 2006. Compliance entails identifying and eliminating hazardous substances in the manufacturing of electrical and electronic components. Products that are not certified as ROHS compliant will be banned from the EU and some Asian countries. This directive will require changes to Telesis RF manufacturing processes and materials including the elimination of lead (PB) content.
"We are committed to manufacturing a 100 percent lead-free product line and support our customers as they move towards the removal of lead from their own products and processes. We now provide an entire range of safe lead-free component packages that stand up to the highest environmental quality standards," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation.
About Telesis Technology Corporation
Telesis Technology Corporation designs, develops, tests, manufactures and markets a diverse range of Aerospace & Defense products. Our products are in worldwide use, supporting communication systems, networks, test systems and applications for the Aerospace & Defense sectors. Telesis Technology Corporation has several operating divisions with locations in Palmetto, Florida; Superior, Nebraska and Singapore. Company information can be obtained at http://www.telesistechnology.com .
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the SEC.
SOURCE: Telesis Technology Corporation
Telesis Technology Corporation, Palmetto
Investor Relations:
Hasit Vibhakar, 941-795-7441 ext: 228
ir@telesistechnology.com
Copyright Business Wire 2005
Can anyone tell me why the volume today? Did not see any news. There was 16,000 volume today.
TLST -- Telesis Technology Corp.
Com ($0.001)
Primary Venue: Pink Sheets
Best Bid: 0.52 (2500 shares)
Best Ask: 0.65 (2500 shares) *
TRADE DATA Last Sale: 0.5650
Change: -0.0050
Percent Change: -0.88
Tick: Up
Daily High: 0.6500 Daily Low: 0.5500
Opening Price: 0.5500 Volume: 16,000
Annual High: 1.1500
Annual Low: 0.1200
Previous Close: 0.5700
Last Trade Date/Time: 15:48
http://www.telesistechnology.com/documentation/Telesis%20Investment%20Overview.pdf
That is the link to the Investor Relations PDF file on thier website. It shows shares outstanding as 13,367,500 and the float as 1,042,500
This stock has piqued my interest, but what is up with the super low trading volume? Any why the big spread between the bid and ask?
TLST -- Telesis Technology Corp.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Telesis Technology Corporation Reports Third Quarter and Nine-Month Results for 2004
PALMETTO, Fla., Feb 9, 2005 (BUSINESS WIRE) -- Telesis Technology Corporation (OTC:TLST) today announced results for the third quarter ended September 30, 2004.
Sales revenue for the nine months ended on September 30, 2004 was $ 938,327 compared with $ 420,010 for the same period ended a year earlier in 2003. This was an increase of 123%. Gross Profit for the nine months ended on September 30, 2004 was $ 351,356 compared with $ 106,528 for the same period in 2003. This was an increase of 230%. Telesis Technology Corporation reported a net income for the nine months ended September 30, 2004 of $ 105,966 or $ 0.01 basic earnings per share (EPS).
Total Assets for the nine months ended on September 30, 2004 were reported at $ 1,212,191 compared to $ 238,325 for the same period in 2003. This was an increase of 409%. Total Liabilities for the nine months ended September 30, 2004 were $ 370,578 compared to $ 109,006, which is an increase of 240%.
"Telesis reported an outstanding third quarter and Nine month result," said Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis Technology Corporation. "Higher sales and profitability were achieved for the three- and nine-month periods, and we were able to grow the company organically all along. Our Assets have increased tremendously with our high growth and we have confirmed backlog at the highest level ever achieved by the company."
About Telesis Technology Corporation
Telesis Technology Corporation designs, develops, tests, manufactures and markets a diverse range of Aerospace & Defense products. Our products are in worldwide use, supporting communication systems, networks, test systems and applications for the Aerospace & Defense sectors. Telesis Technology Corporation has several operating divisions with locations in Palmetto, Florida, Superior, Nebraska and Singapore. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the SEC.
SOURCE: Telesis Technology Corporation
Telesis Aerospace Receives New Orders and Backlog Totaling $722,000 for the Month of January, 2005
PALMETTO, Fla.--(BUSINESS WIRE)--Feb. 2, 2005--Telesis Technology Corporation (OTC:TLST) today announced that Telesis Aerospace, A Division of Telesis Technology Corporation, has received a series of orders totaling $722,000 specifically for the repair and maintenance of weapons systems, ground support and equipment spares program as of January, 2005. Deliveries and performance on these contracts are expected to commence in the first quarter of 2005 and continue through the fourth quarter of 2005.
Mr. Hasit Vibhakar, Chairman, CEO & President of Telesis commented: "Telesis Aerospace continues to effectively execute its business plan as evidenced by its record bookings and excellent backlog for January 2005. We are very encouraged by having a good backlog in the first month of 2005. We expect very strong operating results in 2005."
Telesis Technology Corporation anticipates releasing earnings for the third quarter of 2004 on February 9th 2005.
About Telesis Technology Corporation
Telesis Technology Corporation designs, develops, tests, manufactures and markets a diverse range of Aerospace & Defense products. Our products are in worldwide use, supporting communication systems, networks, test systems and applications for the Aerospace & Defense sectors. Telesis Technology Corporation has several operating divisions with locations in Palmetto, Florida, Superior, Nebraska and Singapore. Company information can be obtained at http://www.telesistechnology.com
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act Reform Act of 1995. In this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, the Company's ability to obtain additional financing to implement its business strategy, the delay or failure to properly manage growth and successfully integrate acquired companies and operations, lack of geographic diversification, imposition of new regulatory requirements affecting its business, a downturn in the general economic conditions, and other risks detailed from time to time in the Company's periodic reports filed with the SEC.
TLST: 1/28/2004 54% Change. Volume 45000 Stock up 54% Heavy buying and tarding............closed at $ 0.30
www.telesistechnology.com
STOCK: TLST
TLST, Although a new issuer, has been solid as it establishes itself in the public markets. Lots of innovative products for Aerospace & Defense Sectors. A pure player in teh Aerospace/DoD marketplace. Product specific divisions. Check their website at www.telesistechnology.com
13,367,500 Share outstanding and approximately 12k in average daily volume.
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