Biokey International Inc (BKYI)

[SeanBoy]

They have enough problems without exaggerations, so for the sake of accuracy....

MD has yet to come close to meeting guidance.

Actually, for the whole year of 2014 the low end of his revenue guidance totaled $4M and high end totaled $6M. The actual revenue was $4.005M.

Last year he released guidance two weeks before the end of the reporting period and still missed it glaringly.

The only time they gave guidance with only two weeks left in the reporting period was for Q1/14. They guided $1.2M to $1.4M, the actual revenue came in at $1.368M.

The only time they reaffirmed guidance (just before the report was due), was for Q3/14, the guidance was $0.8M to $1.2M. The actual revenue was $1.284, which is the only time they beat their guidance.

The only time they missed glaringly was for Q2/14 when they guided $1.0M to $1.7M, the actual revenue was $0.403 which was given at the normal time (at the Q1/14 report), which was about half way through the reporting period.