Water Technologies International Inc (WTII)

[Informer]

Great questions. Here are some answers:

Forecast last year as approx. $4 Million. Actual was what? $750K? Less than that? One of the other "experts" here can correct the final number and how many millions off it was, even after another successful round of boat shows.

The 40 boats were never sold by LTDI. Since some of the employees worked for another company at the time, a subsidiary called Navigotor Powerboats (they like to mix and match wording to make it look like LTDI sold it direct but they did not) to the company that actually had the contract with Homeland Security, Midnight Express. All the boats were delivered years ago, and Midnight Express is out of business.

Huge swing and a miss last year. Similar PR this year. We won't know what they did until NEXT year if the keep reporting financicals the same way. No sales to Homeland Security. Might be some patch work going on, but no boats.





Posted by: lang Date: Friday, May 23, 2008 1:42:17 PM
In reply to: None Post # of 4598

Since a question regarding fundamentals has finally come up,lets continue.What was the COMPANIES FORCAST for last year,and what was the actual figure.No one seems concerned that a 6 million forcast for this year is backed by 600k first half.How close to profitability is LTDI ? When were the 40 boats sold to Homeland Sec?You may want to take a look at the R/S history.Before the attacks start---This board averages about 90% positive posts,I post here only rarely,90% of the 90% is nonsense,any chance I can get some answers without the normal name-calling and nonsense ?