Wednesday, May 19, 2004 8:58:04 AM
I am the Fox network - fair and balanced. Revenue is always a good thing - the problem is there wasn't much in Q1 and even Kelly thought it was going to increase. His positive letters have been saying as such for years. Ridiculous statements??? I copy straight from the companies SEC filings which are the real facts.
Getting contracts from the Federal Govt is great. Hopefully they become cash flow positive soon to avoid the continued dilution. Getting off the OTCBB is going to be very hard and I just pointed out in order to get to the magic $4 they probably are going to need to reverse say 1 to 10 if the stock is at $.40. This means your 20,000 shares becomes 2,000.
Sorry if I point out some facts and am not one of the 99% of pom pom wavers. And I thought this was a dicsussion.
So no one is dissapointed? The same company you bought into 4 years ago with approx 15M shares outstanding and a float of 6M now has over 50M.
Question - the investor fsct sheet from 12/03 Greg has in the profile shows expected revenue of $6.5M for 2004 and Net Inc of $1.5M - is that still expected? If not then it should be deleted as it is mesleading...
Have a great day...
These are my personal comments, observations, opinions and should not be relied upon for any investment decisions, and as always read the SEC filings for the facts of the company
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