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Message: Re: Q1 out this morning

Dec 11, 2009 06:25AM

" "During the quarter, new installations commenced in three mines, bringing the total underground installations of ActiveMine(TM) to five," "

Guess they didn't work fast enough to get all 5 done in the quarter for the $3 million.

If we are still on the same theory of the backlog numbers, we know now that they had 5 installs to do totalling $3 million @ $600K average. Q2 should be in the $2 million range. Good to show an increase Q over Q, but I'm disappointed not to have seen $3 million this Q. If they had shown $3 million this Q, what would be the story for Q2? What else do they have going on in this Q to bring in new investors?

Still a lot of questions, but a step in the right direction with this Q?!?!?!????????


Dec 11, 2009 06:44AM

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Dec 11, 2009 11:15AM
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