Let's break this down @ EVRM
Likewise, we predict revenues from defense contracting efforts will increase in upcoming months as task orders emerge.
(Increased revenue predicted /anticipated in months ahead -Positive )
en.wikipedia.org/wiki/PredictionA prediction is a statement or claim that a particular event will occur in the future in more certain terms than a forecast
We continue to place bids as either a prime or a subcontractor for logistics, engineering and IT projects to various U.S. federal agencies and the military.
( Bidding on new contract opportunities continues to progress in multiple fields and levels of agencies - Positive)
Many of our subcontracting agreements and contract awards announced in 2009 have yet to commence.
(Have won the business in 2009 but awaiting to start the projects in 2010 -Positive -)
Since most are large, multiyear contracts, we foresee longterm growth to our earnings as we progress and win task orders.
( Long Term holders will reap high rewards with long term growth and multi-year projects -Positive -)
Our near term revenues are difficult to predict accurately, and at present, we can only offer a longterm outlook due to the timing of task orders and nature of government contracting.
(OK, perhaps waiting to commence business won in 2009 to begin in 2010- with projects extending beyond a one year period -mutiple years -Positive-)
However, we do expect to hear awards announcements in the first quarter, at which time we will be able to better predict our revenues for the coming year.
(Ok, winning new bids a prime or sub-prime contractor in 2010 will be announced in the coming months which also means these contracts will serve as a basis for both short and long term revenue points -Positive )
From all indications we have management stating clear, and concise status of where the business is at hand and what they predict will occur in the near and long term future. This is not a "quick" process given the fact that things move much slower in the federal and state level agencies but what is interesting to note is the business won is going to be turn key for multiple years thus if you plan to be around awhile that is where the money will be for shareholders!
Investor 100