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Re: liquid funds post# 34746

Wednesday, 12/02/2009 12:55:37 PM

Wednesday, December 02, 2009 12:55:37 PM

Post# of 79740
That's a really good question.

What are the expectations of the board about what the financials will show?

These are 3nd qtr financials, so they will show the 80% ownership of STS for only a few weeks. The second 40% ownership was completed on 9/11.

The first 40% was announced on 7/16, but that wasn't a closing date on the transaction.

Bottom line is that only a little of STS earnings are going to show up in the 3rd Qtr financials.

As far as I know there are no other sources of revenues that we can expect. Evermedia Biometrics is still a development stage company as far as I know so I don't expect to see revenues from them although I'd be very pleasantly surprised to see them.

Looks to me like that best we can hope for is forward guidance on the company having received some task orders.

What do other folks expect?