William,
I appologize for coming off offensive, I'm not here to start trouble nor behave like JJ's little brother. It is important to be rational when dealing with penny stocks and understand markets are efficient in valuating a company. Lets understand; the only way ISGI/TWT will appreciate in price is by producing solid earnings quarter after quarter any other movement should be deem as manipulation. If you take a look at your investment package you will notice a profoma consolidation financial highlights for September 30, 1995 which include the accounts of ISGI and subsidiaries as well as the accounts of TWT for THREE CONSECUTIVE QUARTERS ending Sept 30, 1995.
Revenue: $25,797,000
Gross profit: 6,723,000
Net loss: (4,621,000)
If you can recall VistaQuest inconclusive earning projection of .25/share was an outright "HYPE" in order to move the price of ISGI stock solely for the issuance of 33,250,000 share of ISGI common stock at $1.38 per share for the TWT acquistion, well there's the answer to everyone's question "What did VistaQuest do for ISGI?". I'm sorry to rain on everyone's Mardi Gra, but I too was very disappointed after reviewing ISGI recent 10Q. I base everything I say primarily on facts.
It's very unfortunate that most of the new people here on this thread are the ones who bought on the high side and must search for a reverse split haven.
Whether O/S is at 1mil or 100mil, folks the bottom line is positive cash flow as a result of positive net income from operations not from investments or finance. TWT has not proven itself as a well run business. It does not make any sense and should raise suspesion for a company such as TWT which proclaims doubling revenues after its inception to have a working capital problem. Where is ISGI/TWT geting the $$ to purchase five new switches, issuing more ISGI common stock? Does it matter how many switches TWT has when they can't deploy their assets efficiently. |
