SirAlex, as you know, I first learned of FTRK from you while on the SKYC thread. At the time, you were wondering if SKYC and FTRK competed (or at least I was). Now I know that they don't, since FTRK makes the equipment that enables on to receive the satellite reception, and SKYC owns a satellite and provides the services (Phone) that companies like FTRK enable to be used.
SKYC uses a company called KVH for its antenna. The product KVH provides is a sell leveling antenna that can be used even in rough seas. Following is a link to a press release regarding this product:
kvh.com
KVH's website can be found at:
kvh.com
I have a few questions regarding FTRK's planar product. First, is it self-leveling? To me, that would seem important while traveling on the seas. Second, the FTRK press release says the Planar antenna is still under development, though close to being perfected. What is the problem they are experiencing? Why isn't it already done? Is it already being sold?
It was my impression that the planar technology was the exciting part about FTRK was this planar technology. Am I mistaken? When it is said that sales are above expectations, which product is selling?
KVH's product is used my SKYC for mobile telephone and tracking purposes and DirectTV, if I'm not mistaken. I'm not sure what other satellites, if any, that it tracks.
KVH's smaller product costs about $ 5,500. What does FTRK's cost?
I have sent for an investor's package. In the meantime, what were FTRK's revenues for the most recent period? What was the loss?
Again, thanks for your help with these questions.
VALUESPEC
valuespec.com |
