Replies to post #73044 on QSGI, Inc.(fka QSGI)

[was justavoice]

I disagree. I know it is hard to remember 5 months back, but during the CC TGG was held up for major growth and was the main factor of optimism for QSGI by management. Marc Sherman touted the growth potential and the profit potential was greater with TGG then any other division.

[jaxstraw]

Utterly false if statements from management can be relied on in any way.....

TGG is a very small part of the company as a whole, something pointed out long time ago

(It would have been nice to see the link , or reference, to whatever was "pointed out long ago")

Directly from management during the Conference Call.....

Outlook for 2012

-Krusecom - 5-6 million in revenue w/ gross margins of 34%

-Green Energy Masters - 5-6 million in revenue with margins of 40%

Even without adding in any of the other possible sources of revenue they were seeking from TGG they state it was at least 50% of this years revenue for QSGI

All that being said, TGG could be under performing even with managements expectations, and the current civil proceedings and departure of it's founders and experienced officers could have an impact even on the 50% predictions.

[gr8f1]

And a nice daily thought at that ; )

[jaxstraw]

Avner Harel vs QSGI Green Inc+QSGI Inc+Marc Sherman
Amended Complaint filed 5/08/2012

Order setting hearing for 7/13/2012