I really dont care about the video's myself but what does have me concerned is that last December DMNT put out this news, but the last filing had revenues at just a little over 1 million.
That is a big miss in my books, now either something went wrong or it was an exaggeration.
In fact revenues are down this year for the first six months over last year and I bought DMTN based on projections from the company that have come up very short.
Now I understand tensions are a bit high here but facts are facts and I am no basher because I have legitimate concerns about missed targets.
D Mecatronics Inc. is pleased to announce that it has issued over 50,000,000 dollars in proposed work for the next year.
"Recent developments with large Automotive Tier 1 businesses and their suppliers (one of which is of the world's largest auto parts manufacturer and a fortune 500 company and ranks among Fortune Elite) make us quite confident we will reach our sales goals as projected in our business plan," said Drasko Karanovic, CEO of D&R Technology, Inc. "The organization has seen tremendous growth in all facets from revenues to the addition of corporate staff that will lead us into the future, and as we head into 2007 we are looking forward to record growth as well as record revenues."
Again my concern is that not only are they coming up short in projections but revenues are actual down from last year period ending june 2007.
I am suprised there is not more discussion about these public facts that have little room for argument. ~Hippy Chick~
