Happy New Year to you, too. "We expect fiscal 2006 revenues will surpass fiscal 2005 revenues," Zavoli concluded. "Next quarter and throughout 2006, we look forward to announcing agreements and orders for our directed sound products, and to presenting and implementing new and substantially improved marketing of ATC and our full line of directed sound products and technologies."
Bolstering the sales force is a good move, imho.
A lot of companies try to get by without an adequate sales force, or appropriate compensation for them.
Nothing motivates a salesperson like incentives and good sales people don't come cheap, so, pony up now, for a better chance at increased sales.
Now, they have the products, Tyco-ADT, ECCO, Military, Kroeger-IBN and other dealings give an inkling that they have very good products.
Global notice of their product lines is increasing, product credibility is growing.
New products and improvements are on the horizon.
New patents and patent filings are providing and improving protection.
Sufficient cash for 3-4 quarters, with minimal sales, longer if sales increase....of course.
The company is entering the 2nd phase of transition from R&D, into Sales.
2005 tax loss selling is over, selling pressure should be reduced substantially.
From this PPS level, investment risk appears minimal.
With new deals, of size, and more information about current relationships, a 2X return is quite possible in 2006, if not more.
All IMHO.
Best,
Savant
PS, I recall the years that the nay-sayers said they would never sell anything. $10.2 million in product sales puts the lie to the nay-sayers propaganda. And this is still the very early stage of product introductions. |
