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Re: starboy post# 439

Sunday, 04/02/2006 12:36:01 PM

Sunday, April 02, 2006 12:36:01 PM

Post# of 2721
Star,

While I have a lot of shares and will hold LT but the thing I have a problem with is their guidence for 2006 released in January. "The Company projects recognizing $ 30,265,318 in gross revenues during 2006." There is no way they do a fraction of that in 06. I'd be surprised if they can do $5M much less 30M. 25% of the year is down and I am guessing the 1st qtr will show similar #'s to the 4th. That means they have to do 10M a qtr the rest of the way. Not going to happen. I think they should update that guidence with some realistic numbers. Another point I need clarification from the company is the 2nd qtr #'s showed YTD revenues at over 238K and the year end only shows 60k for the year. How is that possible? While LT seems to be positive, these types of questions raise some concerns with me. I'll be trying to call the company this week.

KA