World Surveillance Group Inc (fka WSGI)

[justfrank]

moved from TA board

Posted by: bors
In reply to: None Date:3/30/2006 9:59:51 PM
Post #18711 of 18716

On the eve of tomorrows 10K.

Last years 10K brought gross sales of about 29 mill. (2004)
3rd Q, 05 brought in 22 mill, loss of 5.9 mill, 2nd Q 19 mill, loss 5.9 mill, so we brought in 3mill more with same loss a +, 1st Q 18 mill, loss 3.5 mill. We got proportionally worse from the 1st Q. So the pattern for me will be 4th Q 24-25 mill, 5-6 mill loss, eoy about 85 mill, operating loss 15 mill.
More important then that will be income from sources other than Centerline, Brazil, Mexico, Philippines. Looking for income from Stored-Value Card, Magic Money, etc. Also maybe it's time for the L.A. Telecommunications Facility to kick into gear and create some semblance of positive margins.
Also watch for a change in cash and cash equivalents and receivables, 3rd Q just under a mill.
Posted this so I can be proved wrong tomorrow, the 4th Q anyway.
bors~
ps, some positive 1st Q guidance with numbers will help the pain, like break even or 1 or 2 mill profit.