How about this!???
from IPOdestktop- updated 21-Feb-09 11:36 pm
I checked back with Francis Gaskins IPOdektop for any recent ACII commentary and was very pleased to find the following: topical and timely
____________________
Summary of Drew’s conference calls
OVERVIEW
(a) ACII corporate breakeven is in sight
(b) LACC upside potential is as big as it was ever thought to be.
(c) ACII appears to be a very exciting opportunity, even in this climate: patent-protected, big market, Orbitform credibility, top-notch management & board of directors, visibility of free cash flow.
. There may be a ground-floor investor opportunity now for a final round before the operation generates (patent-protected) free cash flow, which would by itself almost guarantee additional investor interest.
. Contact the company directly if you are interested.
KSI
(a) KSI is breaking even on an operating basis right now. Overhead is cut to a minimum.
(b) Most of the current KSI business is from aerospace & defense market segments, not automotive
(c) Market consolidation has helped KSI: while the market may have
contracted 50%, the number of competitors has dropped by 70%
(d) Cash flow from an increased sales run rate will go to debt repayment
LACC
(a) LACC business now is an understandable, credible, viable platform, for the first time in history, based on collaboration with Orbitform
(b) We expect positive cash flow (not sure how much yet) in the next 30-60 days from the LACC business
(c) The LACC’s development commitment is paid up to May 1, after which time there is a good chance the LACC business will be self-sustaining.
(d) Not sure which of these revenue opportunities will pop up first as low hanging fruit, in collaboration with Orbitform
. Service Bureau-type
. Production runs
. Machine sales customized with the LACC technology
. Licensing
There are very live prospects in each category, prospects that are open to the structured Orbitform way of doing business.
(e) Part of the ACII/Orbitform 120-day plan (which started Jan 1) involves prioritizing 6 or more provisional patents, after looking at 20 or so concepts, and refining to the best 6.
. This is an ongoing effort, enough so that it looks like Drew can commit it as a deliverable during the 6 month "Fix" period.
. This patent extension effort is a focused, targeted commercialization program that Drew believes will result in ACII revenue
(f) There is a lot of excitement from the worker level all the way to the top at Orbitform about the LACC technology/process.
Interesting perspective here, it's relevant to both LACC & KSI
"But manufacturing in the United States isn't dead or even dying. It's moving upscale, following the biggest profits, and becoming more efficient, just like Henry Ford did when he created the assembly line to make the Model T.
"The U.S. by far remains the world's leading manufacturer by value of goods produced. It hit a record $1.6 trillion in 2007 -- nearly double the $811 billion in 1987. For every $1 of value produced in China's factories, America generates $2.50." cnbc.com |
