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Technology Stocks : Timios National Corporation
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To: ~digs who wrote (32)11/2/2009 1:33:01 PM
From: Glenn Petersen  Read Replies (1) of 44
 
Nice chart.

While still unprofitable on a GAAP basis, the company is finally generating some real revenues ($79.5 million for the year ending June 30, 2009) and is essentially break even on an EBITDA basis when you factor in asset write downs. As of June 30, the backlog was $67.6 million, up $13.2 million during the fourth quarter.

There is quite a bit of potential dilution (some numbers are approximate):

Total common shares outstanding: 49.7 million

Series H Preferred Stock: Convertible into 333.3 million shares of common stock

Series I Convertible Preferred Stock: Convertible into 110 million shares of common stock

Warrants: 105.3 million at $.03 per share; 800,000 at $.15 per share

Options (granted): 75.7 million at $.057 per share

Homeland Security Capital for the year ending June 30, 2009
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