NewMarket Technology (fka NWMT)

[loss_slayer]

Well I have only been here a short time and I do agree with you at least in part. But also we need to give the company credit for its accomplishments revenues are 77 million and was only 1 million.

2) Makes promises (with exaggeration) of events far into the future.

I don't know that the promises are just that...I take his statements of high profitability and dividends as goals.
He has increased revenues by 77 now he only needs to do 6 times tdhat amount to reach his goal in 5 years.I don't think he can but if he said 5 years ago he was going to increase revenues by 77 I would not have believe that.But he did.

5) Dividend payment schedule. Nothing firm just vague promises, yet we will have $500M in "highly profitable" revenue in 3 years....yeah right!

Just now ramping up and that is expensive and that shows in the cost of revenues but the company is being spread out across the hottest areas in the market.Asia and Latin America. So he might be able to come close to his goals of 500 million.

3) Talks about the phenomenal growth of NMKT while neglecting to mention the very large number of new shares issued.

He talked about the shares and said he was moving away from acquisition by issue of shares in the future.He has something now that they didn't have before...77 million on the books as revenues.Controlling interest at least in revenue producing subs.That could open many doors.