TXP Corporation (fka TXPO)

[Tonguehair]

Operating losses and net losses need to be explained strategically (by Shores). In Q306 the net loss (not including a non-cash derivatives gain) was ($500k). Q307 it's ($2mil). One obvious reason is the purchase of the Siemens platform (personnel,etc). But that's been nearly a year now.

I think it's time to get an idea of what the stabilized margins really are regarding the business lines. Revenue increases are only positive if there is not a direct, positive correlation between increased revenues and increased losses. I'm sure Shores is focused intensely on the margin issues and has a clear grasp on the existing cost structure, but it's time to communicate clearly, in some detail, what is the path to profitability.