Home > Boards > US OTC > Automotive and Transportation > U.S. Aerospace, Inc (USAE)

The Quilite Factor

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
J Sim Member Profile
 
Followed By 2
Posts 102
Boards Moderated 1
Alias Born 06/30/05
160x600 placeholder
J Sim   Friday, 10/02/09 12:16:10 PM
Re: None
Post # of 2236 
The Quilite Factor

I wonder if this merger is going to end up like the Quilite fiasco.

From a shareholder letter:

Looking ahead, New Century is following a two-pronged growth strategy. In addition to building its core machine-tool manufacturing and remanufacturing business, it has put its ample production capacity to work in a new business line, the production of products made from Quilite. This year, it entered into an agreement with Los Angeles-based Quilite International to assemble modules out of Quilite blocks. We project that this activity could account for roughly half our revenue in 2006 – of $10 million out of a total $20 million. Even before then, in 2005, we expect it to add $0.05 cents per share to our bottom line.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences