OSI Geospatial Inc OSIIF

RE: RE: "no other manufacturer" ........

[fistmaster2]

Nice to have this type approval.  However, it doesn't mean a lot if the customers aren't mandating it in their tender documents. Its then just an expensive certificate hanging on the wall.  OSI can't get business because they don't stay focused on strategy.  From what I've heard from OSI staff themselves is that the CEO is too easily swayed by the board, he tries to do everything on the cheap (except pay himself of course), and tries to jump all over potential big sales and screws it up in the process.  Yes, OSI has a good product, competent engineering staff. The sales guys are apparently all YES-Men to the CEO, and he has not produced. He is the common denominator in the failed performance of the last several years.

As I have said before, the evidence of poor performance points directly at this CEO and half the Board - get rid of them and things will soon change.  If not - Sperry and others will continue to eat OSIs lunch - and our money.  Here we are, end of 3rd quarter and STILL NO BIG ORDERS!!!  How dumb are the institutional holders that they swallow this guys line every time???