Defense Industries International (fka DFNS)

[StockDoubling]

They have had complete lack of volume for months now.

most investors are under water the #'s look decent but not willing to buy more on a bad quarter.

New investors are a bit resistant to jump in due to BV being right where we are. EPS was suppose to be .07 and came in at .05.

No explaination from the company.

NO press release from the company after they grow revenues 81%! And earn .05 vs -.01.

Most companies would put out a PR that says we had a great year and are looking for big things to come or something.

The lack of communication from the company is worry some as I have stated I don't know if they can repeat that performance I don't mean go up 81% in revenue again I mean I don't know if they can match the $19 million they did.

If the company doesn't really care about the investors anyway which I think is the case since no one hasn't gotten a reply from WEEKS AGO.

Also they stated in the 10k they didn't have enough people to deal with accounting etc.. (They have 200 people on payroll but no one can do accounting YIKES)

The fear of them being late with the 10Q I think people think why bother at this point.

They did $3.9 million in Q1 2007 and made .014 EPS last year. If they match that do they go up? Maybe but not much. If they don't match that (which I don't think they will) they will stay the same or go down.
If they go above the $3.9 million and .014EPS they will go up for sure but that is a pretty bullish especially since not hearing info going forward.

I don't think the downside is all that great maybe low .30's on a bad quarter but I am at a point of being fed up with management lack of communciation. I just don't see a big upside. (by big I mean 100%+) at this point either. I see it trading in a range of .30-.60 for awhile. (Yes .60 is a nice move from here but that is things go really well.)

25% risk for 40-50% profit is OK risk/reward.

I would rather see a quarter of nice growth and the company telling me it looks like its going to continue and we are going to do XYZ with the $$ coming in.