I finally went over to the McLean office today and talked with a Rick Morrisey, can't remember his title, something dealing with finance and we chatted for about an hour. I had to go there and check it out. Here is some of the stuff I have found out just by what he was saying. I hope to not interpret too much.
Two Prison deals are close (said they were sitting on them for some reason) didn't mention which ones.
Sending stuff to Saudi Arabia (no amount was mentioned)
I mentioned Q-1 and he asked me where I heard of that, then went into what it's possible rammifications were, too make the video smoother for such things as telemedicine, didn't really get specific about it
NO MENTION OF SPRINT and I wanted to see if he would bring it up. He did not. That worried me. Anyway, that is the only thing that troubled me.
DNA Analyzer - just starting to make them, no revenue projections for that
Lazer Tech - nothing much discussed, could make a bundle from office paper weights :)
number of employees - 25 or so
The key for me was when I talked about meeting 40million revenue projection. He said probably not by December. Sorry guys, he said the revenue was lagging. I really don't want to interpret here but he mentioned that the possibility within twelve months it should be met, because no one knows what people will buy(from the VARS). I was really confused by this. Lots of things are going on over there and an infrastructure of a sales force, accounting, etc. needs to be put in place before they can take off.
Capital Hill/White, mentioned that a couple units might be announced very soon if not today or tomorrow.
Got into the discussion about the trading of stock, said there wasn't much the company could do nor us the individual investor. Did mention MM's were playing big time with the stock and mentioned Myerson by name. he seemed fairly irritated by this. I said no kidding. Did not mention anything about refiling the app. Like an idiot I forgot to ask him. Shoot me. However, it seems like he would have told me if they would have, but nothing was mentioned. This was my blow it.
Anyway, that is my two cents. take it for what you will, but I left feeling something. Good, perhaps, but I don't know. I think short term, 1-3 months will not see much movement, 12 months I say it will be higher . |
