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Re: None

Friday, 07/06/2007 12:19:02 PM

Friday, July 06, 2007 12:19:02 PM

Post# of 173788
XNN. I'm all the way out of this one. I just don't have any toleration for truth-stretching or deception or really bad judgment. I've already lost my quota of money to rigs like this in the last year. Since I table pounded I feel compelled to come clean on why I bailed.

1) Kaltron PR is almost certainly not a guaranteed $1.7M - just check out Kaltron's website and you get the idea
2) Almost certainly did not produce even 500 SV's in Q2 when they promised 3000
3) SuperVision is not "superior in every way" to the Gen III
4) Where is the $3M Nighthunter contract?
5) Price per unit is already retailing at $1079 online - $1399 price point is a joke

I expect a horrible quarter come 10-Q time. Worst case scenario if they turn this ship around I expect a re-entry point around where I sold.


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