Ambient Corp fka AMBTQ

[polkamatic]

GR, Take a look at the recent 10-k,
"BPL NETWORK PILOT IN THE SOUTHEASTERN UNITED STATES. After successful completion of a proof of concept phase, in January 2006 we entered into a pilot demonstration agreement with a large investor-owned utility in the southeastern United States.
The pilot, which will service approximately 700 homes, is being designed to encompass a comprehensive, end-to-end solution for high-speed transmission and reception of data and voice services via electric power lines for both broadband carrier and core utility applications/services. Included in the pilot is a demonstration of the Company's ability to simultaneously support utility applications as well as provide an infrastructure for the utility to offer its electricity customers a choice of multiple ISPs over the same power lines. The network will be monitored and managed by the Company Network Management System, a proprietary software management system. The pilot is expected to continue for approximately 8 weeks, at the conclusion of which the parties will separately evaluate the results of the pilot and the feasibility of commencing an initial commercial build out and deployment of the Company BPL Solutions to approximately 10,000 homes on the utility's electrical power distribution system (the "Phase 1 Deployment")'
........yadda yadda.........
***"In January and February of 2006, revenue from the pilot program amounted to approximately $400,000."***

LINK:
http://www.sec.gov/Archives/edgar/data/1047919/000118811206000518/0001188112-06-000518.txt



...then there is an EVALUATION AND FEASABILITY period. Utilities do nothing quickly nor do they have to.They might want to wait to see if this developing tech vendor survives the year or is need of some cash to deliver their big order.
THE GOOD NEWS IS that we appear to have booked MORE REV$ YTD than the ALL of 2005. (See also ConEd/SYSERDA REV$)
"The $325,000 advance will be recorded as revenue by Ambient during the first quarter of 2006."


And that should be reflected in the next 10q filing.(I'm guessing they release the #'s in April to facilitate the early shareholders meeting...imo)
The bottom line is our bottom line should look a lot better in the very near future.
With Rev$ and some financing (get ready to dilute the pool) we will see shareholder value increase imo.We're burning cash fast, even with fresh rev$
All IMO.
Do your own DD, I'm just a polka-bum.
gl2a