Sequiam Biometrics (fka SQUM)

[analystslie]

BlueHorseShoe:

I've been out all day and just read the 10-Q

Not to be overly optimistic but I was expecting much lower revenue than which was reported. I was expecting revenues to come in around $500K due to the defaulted company issue which obviously is a non-issue now as another customer must have done well and taken up the slack concerning Biovault sales in First quarter. The numbers really suprised me.

Again, just goes to show that Sequiam never was dependent on Cyberscam like some of the bashers would like you to expect. For the most part, Biovault sales in the second quarter will be stronger than the first as the NRA seems to be fully committed and I say this as they now have the Biobox coming with the NRA logo in June and I feel the Biolock going nationwide if still on schedule will really be an eye opener to add on to the success of the Biovault.

Just imagine how third quarter will look with 3 products completely rolled out and available. Hopefully we hear more about the Fortune 100 company in the coming months which could result in 4 products contributing to sales.

I really appreciate you taking time to do DD on this company. It is great when things begin to come together.

Good Luck with your investments.