Hystart,
This report nails the situation spot-on.
Although I must admit, thru my rosy-colored glasses I was able to pick up some encouraging signs within.
I found it a bit surprising that although there hasn't been much money thrown at them... they STILL seemed to push more projects out.
I think we all pretty much know, as you have so many times alluded to, that in the US. it is a tough business. So I;m glad that the bulk of the co. business is being presently done in Europe and other regions where there exists a much more acceptance yo AD projects.
Kinda' disappointed at the co. for not connecting to its stockholders just a bit more.