Allen-Vanguard Rescue Board Message Board

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Technology Stocks : Allen-Vanguard Rescue Board

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To: CNSOF who wrote (415)	10/11/2009 7:13:37 PM
From: beaverfever	2 Recommendations Read Replies (1) of 724

Has anyone archived press-releases or transcripts from Investor teleconferences in which Mr. Luxton discusses Symphony orders from Lockheed Martin? Any assistance is much appreciated. ************************************************************* Going back a year: - Sept 25/08 - 7500 ECM requirements contract signed with Lockheed Martin. Should the maximum annual quantities be procured the estimated value to Allen Vanguard over the three-year term of the contract would be in the range of$240-$300 million. integratir.com - Nov 13/08 - We have recently signed a teaming agreement with a global electronics and communications firm for an ECM opportunity with an expected potential value to Allen-Vanguard of more than $100 million over two years. We are also in active discussions with other global players to take several of our product lines into more markets and programs. At this juncture we see limited downside risk, attributable mainly to timing of ECM orders as we and others in our industry await clarification of defense spending priorities following the U.S. presidential election. integratir.com - July 2/09 VRS CEO said "...we expect to finally see quantity orders for Symphony systems now that U.S. Supplemental funding has been passed and is in place for these requirements." integratir.com - July 13/09 - Lenders approved VRS access to additional credit, "This reflects the continued progress with our Lenders in gearing covenants to the variability in our business," said David E. Luxton, President and CEO.** integratir.com I know that many shareholders linked the 2 July/09 press releases as an indication that there was a substantial "quantity orders for Symphony systems" in preparation - based on Luxton's comments ONLY 11 days earlier. Someone on the SH board seem to have inside knowledge about Lockheed Martin dropping Allen-Vanguard as the supplier of Symphony jammers (?) - if it is valid, and we can prove that Luxton had knowledge that Allen-Vanguard had been dropped before July 2/09 - Mr Luxton is in some very deep trouble!!! The Lockheed Martin Symphony representative should know when the effective date of the Allen-Vanguard supplier termination was - if it was terminated ? Lee Lilly; +1-301-862-7769 e-mail: lee.lilly@lmco.com lockheedmartinservice.com It could be interesting information for a lawyer to have - as this termination would be considered as a material change to Allen-Vanguard, and would have required an immediate press release announcement.

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