If solutions from israel get 145M contracts for border security for solutions that sound really similar to the mast system that ltas has, I REALLY dont understand why wsgi is not getting these contracts of substance. In my opinion the tech is there in this company, but conversations and sales are highly lacking here. Why do we not have a border security order? Why are we not in partnership talks with deep pockets?
Imho CEO and sales really need to buck up. Share price seems in need of shoring up, and we have had a sale here and there but nothing of real substance till now. This is concerning as it is March already. Time is ticking and others seem to be getting contracts that we should be getting. That is highly unacceptable to me.
We need a CEO who defends shareholder value (shareprice) and is able to close deals of substance and has the credibility to garner strong and beneficial financing.
This CEO seems too weak or too cautious- I do not know which. Needless to say, ljc was a fiasco of the highest order (mistake due to desperation, but shareholders, not the ceo paid the price). Would have made up for it if orders of substance appear, but certainly disheartening to hear of companies from abroad getting contracts and we are not. Partners get contracts, and we still dont have follow-on orders from Polk. Exciting potentially competing technology from other companies getting bought by deep deep pockets...that is highly concerning to me cos even if they are not competing right now with wsgi, in 2 years, their existance may supercede what wsgi can provide.
Any comments? Am all ears.
