Replies to post #346360 on Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

LOL! Like I mentioned earlier, I use to own HDTV. If one really looks into this company, listens to what is "not" being said in the conference calls, and reads how cozy the CEO is with the finances, one has to walk away with a bunch of questions.

Couple of notes from the recent 10K
NOTE 7. DEFERRED REVENUE

In the third quarter of 2004, the Company received a purchase order from a new
customer. Upon reviewing the order, it was noted that not all elements required
for revenue recognition were present. The product was shipped at the end of the
third quarter. The revenue of $216,000 and the related cost of revenue of
$116,000 were recorded as deferred revenue until all of the necessary elements
for revenue recognition had been met. These elements were met early in the
fourth quarter.


10
<PAGE>

NOTE 8. SEGMENT INFORMATION AND SIGNIFICANT CUSTOMER INFORMATION

The Company's chief operating decision-maker, the Chief Executive Officer,
reviews the Company's financial information as a single "operating segment" to
make decisions about the Company's performance and resource allocation.
Therefore the Company has determined that it operates in a single business
segment.

During the nine months ended September 30, 2004, all revenues were derived from
customers abroad. Revenues from mainland China totaled $1,078,400 or 96% of
total revenue. The remaining 4%, or $49,675 were derived from customers in Hong
Kong, Taiwan and the Republic of Korea. Revenues in 2003 were derived 100% from
customers in China.

Revenue from two customers accounted for 51% and 47%, respectively, of the
Company's total revenues for the nine months ended September 30, 2004. The loss
of any one of these customers and the inability to obtain additional purchase
orders from current or prospective customers to replace the lost revenue in a
timely manner could harm the Company's sales or results of operations. Accounts
receivable from these two customers accounted for 33% and 45%, respectively, of
total accounts receivable as of September 30, 2004.
________________________
While we have made significant
progress with respect to product integration and negotiating purchase orders
with certain of these prospective customers, we cannot assure that we will
receive any purchase orders binding on any of these companies for their purchase
of our products in the near future.
___________________________
The decrease in stock-based compensation is due to
expenses totaling approximately $960,000 incurred in 2003 related to the May
financing and the beneficial pricing received by Robert A. Olins, Chief
Executive Officer
____________________
http://www.sec.gov/Archives/edgar/data/881468/000114420404019020/v08339_10q.txt