Sequiam Biometrics (fka SQUM)

[analystslie]

Yes, I am expecting sales will be higher in the third quarter versus 2Q 07 with cash flow breakeven obtained in the 4th quarter due to additional products besides Smartscan being fully deployed.

Keep in mind royalty payments from Kwikset are paid quarterly and third quarter will be the first indicator as the products were rolled out initially to Home Depot and by 4th quarter I would expect Lowe's and possibly Ace Hardware to be carrying as as manufacturing capacity increases and the retail rollout continues.

By 4Q 07 I feel more color on Fujitsu should also be made public by then and if Fujitsu began shipping as they stated beginning in September this could be a big eye opener to the naysayers about Sequiam's technology as it becomes clear they are more than just a one product company. I would love to hear more about Fujitsu rather than speculation.