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tsuguy

04/02/13 11:04 PM

#145183 RE: indyjonesohio #145173

I appreciate your response. Even if the corporate structure would not allow us the opportunity to have direct credit toward profit of their per-established sales and pipeline it would still be booked as income through WSGI, correct? Either way, curiosity still lingers to know LTAS' rough revenue. Also,the potential revenues it takes to afford 6 employees of this kind.

My reading of this acquisition thus far, tends to account this as a strategic one indeed. I don't know much about LTAS and the work of Kevin other than what I have read since yesterday, but my concerns lie in the additional costs. Without having a steady revenue stream from LTAS it becomes an additional liability to offset until sales/production kicks in. A cash balance less than $50k will not support much salary if the employees don't agree to stock compensation. Some revenues need derived immediately from this acquisition, imo.

Long term I think it is a very strategically wise purchase. Any time you can buy a competitor or integrate a supplier profitability risk is reduced. Luckily for us, it happens to be both in a very thin market, respectively.

I do recall your early posts about building from the ground up and initially thought you were crazy, but quickly had conviction. I too am excite about the mast surveillance business and will greatly enhance my enthusiasm once I see revenue!
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nilremerlin

04/02/13 11:11 PM

#145184 RE: indyjonesohio #145173

IJO: Regarding the mast surveillance camera...it brings to mind the 'mobile towers' which Elbit/Kollsman supplied as part of the Boeing team on the Secure Border Initiative (SBI) project (a miserable over-budget fiasco):

http://rense.com/general73/iwn.htm

nilremerlin
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indyblue

04/03/13 7:05 AM

#145188 RE: indyjonesohio #145173

when asked how “Aerial Products Corp” and “Southern Balloons” fit into the equation...this is the response from Barbara.

"Aerial products is a reseller - we did not acquire it - and is a d/b/a for Southern Balloons."