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Re: lowtrade post# 36114

Monday, 08/14/2006 6:11:41 PM

Monday, August 14, 2006 6:11:41 PM

Post# of 157299
Low, the balance sheet looks better in that there is more cash on hand than 2005, asset are up, liabilities are down, operating expenses are down, and on the financial statement the net loss is less.

I too am disappointed in the revenue side as Centerline did not produce as expected. I did not expect to see much revenue from the other divisions as most really kicked off July 1 which will be in the second qtr. VoIP is stated to be EBITDA positive now but that wouldnt be reflected in the total qtr results. The India project was to kick off in July.

Management needs to give us some guidance into the third qtr which is now half over. I would expect a letter from either Dumas or Huff and preferably Dumas in the next day or so or will be extremely disappointed.

GTE keeps it interesting and challenging. Just enough to keep me hooked.

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