Replies to post #4121 on XNRGI Inc fka NPWZ

[9lt98x]

With all due respect, you haven't followed this company as long as I have and to connect the dots with alleged deals "letters of intent" etc. This company fails in every aspect. If you check this company's track record tell us just one letter of intent PR letter of understanding that turned into a contract over the years. I'll save you the trouble. It's a fat ZERO! How much money do they owe their landlord?

[9lt98x]

Add this to your connect the dots scenario


NEW YORK — The wars in Iraq and Afghanistan are winding down, Osama bin Laden is dead, and the federal government is deeply in debt. This spells the end of what was a golden decade for the defense industry.
In the decade since the Sept. 11 attacks, the annual defense budget has more than doubled to $700 billion and annual defense industry profits have nearly quadrupled, approaching $25 billion last year.
Now defense spending is poised to retreat, and so are industry profits. "We're about to go into the downhill side of the roller coaster here," said David Berteau, a defense industry analyst at the Center for Strategic and International Studies.
Congress agreed last month to cut military spending by $350 billion over the next 10 years. The defense budget will automatically be cut by another $500 billion over that period if lawmakers fail to reach a deficit-cutting deal by November.
Story: Defense cuts loom large for 'super committee'
Defense industry stocks have already begun to suffer; they are lagging the S&P 500 in recent months. During the last defense spending downturn, which lasted from 1985 to 1997, defense stocks underperformed the broader market by 33 percent, according to an analysis by RBC Capital Markets.