Replies to post #82408 on World Surveillance Group Inc (fka WSGI)

[justfrank]

Let's look at the devastation.


2005 showed revs of $81 million with a net loss of $32 million

Just for grins, let's say that revs get restated to $1 million.

So you're saying it looks better for GTEM to have such a loss on $81 million than on $1 million?

So a revenue generating company doing R&D manages to to spend the entire $81 million on it's way to losing $32 million more looks better than a company involved in R&D eking out $1 million in revs to help offset it's spending of $33 million.

Hmmm which is looked at more favorably?