InvestorsHub Logo

mike306oh

05/12/05 7:25 PM

#25 RE: mike306oh #24

***Expect this to go "nuts" soon. See why:

1. Last year 10Q came out on May 17:

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001193125%252D04...

2. And after that, the PPS went nuts:

http://finance.yahoo.com/q/bc?s=OSEE.OB&t=2y&l=on&z=m&q=l&c=

It went then from below 0.01 to above 0.1 in a couple of weeks.

The chance it's quite good that performance it's going to be repeated, because of:

* low, stable OS (only 56.725MM shares issued
and outstanding - as per the recent
10-K, and about the same as at the end of
2003 financial year of 56.695MM shares,
and less than at the end of 02 financial
year of 73.092MM shares)

* based on the trend (see last K results),
and past history, I expect good Q numbers:

"Revenue from the continuing operations for the twelve months ended December 31, 2004 were $4,331,000, compared with revenues of $3,294,000 for the same period one year ago. The Company reported a net loss applicable to common stockholders from continuing operations of ($1,292,000) or ($0.02) per diluted share for 2004, compared with a net loss of ($2,225,000) or ($0.04) per diluted share for 2003. The Company reported a net loss applicable to common stockholders of ($1,292,000) or ($0.02) per diluted share for 2004, compared with a restated net loss of ($7,774,000) or ($0.14) per diluted share for 2003."

* the triggering event(s) could be (i) the Q
results, and/or (ii) the upcoming
shareholders meeting.

Mike