News Focus
News Focus
icon url

dustybutler1

07/21/03 11:39 PM

#21125 RE: Capt_Nemo #21123

My thoughts on WLDI... it is my impression that the GSA news found this morning had nothing to do with today's PR regarding booked sales of $160K! I read the PR very differently and here is the parts regarding sales for everyone to review.

"Our new bookings for the 75 days ended July 15, 2003, have exceeded $160,000. These orders are all scheduled to ship during the third quarter.

So far, we are running ahead of our internal sales projections for the third quarter and Isotec believes it might receive awards on government project bids in excess of $500,000 by years' end."

PART ONE: The $160K are NOT governmental contracts. I suspect bank contracts or other businesses.

PART TWO: The $500K (in excess of) ARE governmental contracts which probably includes the GSA contract found by ToysRust this morning that was just awarded today. Note above... 'might receive'! The PR was written BEFORE the GSA contract was awarded!!!!

So we have more revenues than has been discussed, in my opinion... AND... if the company has gotten $160K in the last 75 days (non-governmental), then I believe we should fully expect additional NON-GOVERNMENTAL CONTRACTS by year's end since we have over 5 more months to book revenues!

I would not expect the company to react to the awarding of this GSA contract so fast so I am hoping to see a follow-up PR in a few days on the GSA contract.

Just my opinion.

icon url

maninfla

07/22/03 12:10 AM

#21128 RE: Capt_Nemo #21123

IGTT, great news today

"...The intent is to complete the merger after the 250-for-1 reversal of our common stock per filed Schedule 14C. This means the merger is based on a dollar amount rather than a set number of shares at closing..."

wow! a 1 for 250 RS and a floorless convertible after the RS
what could be better from this group of insider whores?

and only 616M shares via S8's in the past 60 days, now only 1.4B OS, lol!, up from 496M on may 15

"...Shareholders have no right under the FBCA or the Company's Articles of Incorporation, as amended, or the Company's Bylaws to exercise dissenters' rights of appraisal with respect to the Reverse Stock Split..."

"...Effective March 20, 2003 the Company increased their authorized capital stock. Authorized preferred stock and common stock were increased to 200,000,000 and 2,000,000,000 shares..."

lmao, WHAT A GEM!