Viscount Systems (VSYS)

[nynewbie]

The question is why would the new CEO drop the forecast by almost 40% in the space of a month. I invest in growth stocks like vsys expecting to see constant Q over Q growth and last year year's sales increased every Q and Q4 was around 1.2M -all good. This was followed by the first Q under the new CEO of a dump to 936K. Yet, Freedom last year went from 358K to about $1M so just following the trend line would put the company over $6M. ie take Q4 of 1.2M and forecast 10% growth by Q gives $6.12M. If Q1 was an anomaly you are still around $6M. So, if the old team without the staff and cash showed a trend to $6M shouldn't the new team with all the cash and extra staff be able to hit the $8M.