A lot of the company subsidiaries are into ongoing or recurring revenue streams which is okay by me. Each of the subsidiaries hae made announcements to substantial revenues.
The Mexico city thing is huge, and sets the stage for many other cities. Talk about Big Brother LOL. Total city survailance with facial recognition etc. Think about high traffic tourist destinations wanting to keep their cash cow safe and protecting them through added security.
Four million while sounding like a big deal is peanuts, and I dont really see a problem with a measly four million bucks compared to projected revenue increases over the next 12 months.
The armored division sounds like it might already have inroads to the targeted market. Its all money and all good as a lot of the prs seem to be worth six figures in add. revs. It wont be long before 4M is only 4% of total revs.
Its kinda funny that all the negs are on the Gelmon brothers and what they do or not not do. Sooner or later the revs will be there. It would be much worse if the nice money prs were to be proved to be bogus, but its not happening.
The CD thing is just part of a larger debt amount but unfortuneately for us at this time, it is they only debt they have any influence with. Banks and lenders need their money on time.
I wouldnt be surprised to hear of a large armor product sale(s) to the large utility companies as well as private and military.
It takes a little time but the company does seem to be delivering he goods - the cost of aquiring the them (debt) seems only natural to me anyway.
Yeah, Im not all that upset because of the rate of expansion in both services and recurring rev sources. Looking ahead if no RS is true, then I would look for a possible company spin off.
If sshs was a nothing no revenue POS with 6B AS then I'd be real concerned, but that is clearly not the case here. The CD debt is a real fact, and Im hoping the company can go another 12 months before approaching the max.
The company is not focusing on the CD debt but on increasing revenues and taking care of other existing debt while continuing growth. Thats what the focus here should be with this company, not the all consuming CD debt which is fractional to revs.
I'll add and hold for awhile. - P
AI
