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Re: domen post# 14631

Tuesday, 06/07/2005 5:02:30 PM

Tuesday, June 07, 2005 5:02:30 PM

Post# of 53802
Doug

Revenue for Q1 was $166K - cost of sales was $133K on the $166K. The G&A expenses for Q1 was $421K.

My question is does anyone know what the sales breakeven point for VTSI is?

You said: "Last month there were 2 sales PR's and 1 installation PR's." Does anyone know what how much revenue this will be for Q2 so far?

What do you expect the revenue for Q2 to be?

The reason the price is going down is expectations as outlined by the CEO in prior calls and PRs are NOT being met and therefore shareholders and former leaseholders are equating that to more losses, and more dilution of the stock. More dilution means it will be harder and harder for the price to appreciate if the sales eventually do occur.


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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