HARTCOURT - Germany/Europe

[Franz Beckenbauer II]

Wenn wir nicht diese miese Cash (ca. U$ 1 Mio.) und OS-Situation hätten, dann könnte man richtig happy sein ! Gute Ideen und gutes Management....aber leider kein Geld auf der Kante :(

CT macht wirklich Hoffnung aber leider ist diese Beteiligung noch ziemlich klein.
Lt. unten stehender Aussage werden wir wohl besonders viel Freude an CT haben im 4. Quartal.

Also, from what I gather through Carrie's comments at the shareholders meeting and the PR's, the majority of Control Tech's income is generated through government contracts, paid after the jobs are completed..That would explain the dramatic rise in the 4th quarter numbers in 2004 as I recall...

Since Control Tech is slated to have substantial increases this year, I would assume they are working under the same sort of contracts and the increases will show up as the work is accomplished..That's just how I see it...Q2 will have an entire quarter of Control Tech numbers...and the next Conference call would be a good time to clarify how Control Tech gets paid for their services..jmo

Franz;)