TSXV:WEE.H - Post by User
Comment by
diogneeson May 24, 2010 3:36pm
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Post# 17126738
RE: RE: RE: RE: RE: RE: RE: RE: RE: Don't need new
RE: RE: RE: RE: RE: RE: RE: RE: RE: Don't need newHoller Based on your assumptions WEE has been very busy since the end of Feb and have installed an awful lot of Units in the last 2 1/2 mos.
In the second quarter ending Feb 28 th revenues from equipment rentals and royalties was $455 k down from $502 k the previous quarter and only $30k higher than the same quarter a year ago.
Keep in mind this was also the Quarter following all the NR's about sales and positive test results last Fall.
I truly hope you are right but have some real reservations. Primarily because I do not believe Management is the shy type and would be doing a little public huffing and puffing if they actually were installing at the accelerated pace you are suggesting they are.
Only a week to go in this Quarter and then we should find out the results achieved by mid July.
As I said, hope you are right and will look forward to your "I told you so"
GLTA
P.S. Management were clever enough in their NR not to compare last quarter to the previous one, just compared the lst 6 mos of this year with the first 6 mos of last year which showed an overall increase.
Wonder why???