Replies to post #1184 on Viscount Systems (VSYS)

[nealg]

NY,

The forecast was for 7-8 million for the year. If you look at it from the lower end of the forecast, it is a decline of about 15%, 25% from the top end of the previous forecast range if you add up revenue to about 6 million for the year.

I looked at the revenue numbers as that which was attainable and that maybe they could be better, the classic underpromise and overdeliver scenario. Maybe the first sales figures that were presented were not as solid and were a left over from the previous CEO. It is a good question. Raefield seemed open to talk with people and answer questions that he could without violating any laws about disclosure so why don't you try to contact him and ask your questions?

[tedpeele]

I agree. It isn't clear why the forecast dropped so quickly (although the slide does mention a slowdown by a 50 site potential client) nor what will drive sales, and how the certifications fit in.