You went on to state, >> “1) TZT will deliver revenues in Q2 which will exceed their burn rate of $5.5mm (listen to the recent conferencecall).
Response: This may be so; anything is possible.
However, you may want to note that delivering revenues figures which exceed the burn rate figures does not, in and of itself, a bottom-line per share profitable figure make, 403xyz1.
When one sees it one may believe it, 403xyz1.
On the other hand, you could be waiting yet another year (see dead money) for this company’s bottom-line financial figures to be “in the black.”
You also stated, >>2) TZT will likely resume guidance for the street after Q2 results are in (see 1 above).” <<
Response: One is supposed to believe James A. Tocher’s kind of guidance; this when James A. Tocher had not walked the walk after talking the talk previously?
No thank you, 403xyz1.
One would have James A. Tocher step aside and have somebody else, i.e. somebody much more capable, take the helm as CEO.
Mr. Patrick N. Smith, the newly appointed Chairman of the Board of Directors, should have brought along with him into his newly taken up position a most superior strategic plan for the future of this Tranzeo Wireless Technologies Inc/Aperto Networks enterprise.
See one’s reference to a “FIRE SALE” price being affixed to a partial ownership (bought deal financing or a convertible debt financing) of the Aperto Networks subsidiary; it’s a good place to start, eh.
Note: The development and supply relationships in Indonesia and India can be more aggressively ‘leveraged’ in order to draw the interest of a certain Canadian based telecommunications equipment developer, manufacturer and supplier and/or the interest of a certain indubitably successful ‘serial entrepreneur’, i.e. an indubitably ‘well heeled’ and well regarded person who is vested of a certain Wesley Clover International Corporation investment vehicle.
You suggest that the Tranzeo Wireless Technologies Inc/Aperto Networks enterprise “could well deliver revenues in excess of their burn rate ($5.5mm/mo) for the balance of the year" and that "they have already stated they will do a minimum $16.5mm this year based on PO's in their hands, with delivery dates...<<
Response: Again anything of the sort is possible. However, one will believe it when one sees it – yes; you can choose to call one the doubting Thomas.
By the way, it was in fact the most recent Tranzeo Wireless Technologies Inc news release pertaining to The Ministry of Communications and Information Technology in Indonesia affirming the country’s commitment to the deployment of Fixed WiMAX networks based on the IEEE802.16 d standards which one called “fluff.”
Again, one did not listen to the conference call; this due to the fact that during the very company conference call hosted prior to this most recent conference call Mr. James A. Tocher issued some most definite statements about a secured credit facility, amongst others.
Mr. James A. Tocher then failed to deliver.
Delays, delays and more delays, Mr. Tocher.
Alas, this while 403xyz1 tells readers to “wait” and win, lol.
Please; spare one the hyperbole, 403xyz1.
Sherbet2