ITS vision wilander-As you are living in past and have no vision of the importance of semi-conductors in licensing is fine with me and i have no further comments to make to you.
But what I must address is your NEGATIVE COMMENTS re QTRH and its ITS>
You have very little knowledge about ITS and QTRH vision for future in this area and your uninformed , lack of knowledge in this area should not be commented by you unless you have something.of merit to add..
I will now address your four negative comments:
Point 1 " As for ITS there still needs lots of proof needed. Barely started it"
Ok-with respect to barely started, I will provide you proof by dealing with ETC first and then IRD.
ETC -ETC commenced operations in 1999. rated #3 of top15 toll authorities in US and global provider. 2 Billion toll transactions and most technically advanced toll Authority in industry.
3 billion revenue, 93 million transactions,1500 lanes installed.
Executive Management Brett Kidd- 25 years leadership intech with emphasis of transportation.
Brett Kidd is on Executive Management of QTRH. Bruce Crammer -25years of managment in tech transportation.
-In order to ensure continuity of Managment , QTRH viaPaul Hill negotiated a long term employment contract with Brett to ensure his commitment to ETC.
In addition Brett Kidd and his senior managment were give large stock options. Brett 475,000 and 425 ,000 to Bruce Cramer and other Executives.
EBIDTA of 12 to 15 annually was stated and I highly assume Paul& others did there due deligence on books for past few years.
Is this enough proof for you on point 1 for you on ETC??
Now IRD.-IRD was estblished in 1980 as worldleader in customized technology for ITS industry including Toll collection, TrafficData and motor safety. IRD vision statement -Todevelop Intelligent trans system. Managment by Malhotra who has vested interestof 320,800 shares owned.
IRD reported 2.7 million EPIDTA in Q2 and 4.1 for 6 month ended June 30.
Record backlong reported as at Sept30. satisifed on IRD proof?
Point 2.
"Just took on 57.5 debt to make it grow .
This debt was unsecured debentures with interest and originally amount oversubscribed quickly with prospect of conversion at $3.80.
wilander neither you or I know purpose and use of of funds yet you are quick to negative aspect to it. If acquistion is like ETC would be great and nothing wrong with DD before announcing deal.
Point 3 -" You are incredibly naive to think we are anywhere near proving it"
You are the one who is naive and does not understand ITS technology and vision of future. Read Infrastrcture report by Bidden re bridges,tolls.
In summary ,your vision re wilan is posted re future of licensing in semis is accepted but disagreed. YOU CAN LIVE IN PAST.
But when it comes to ITS please refrain from comments without merit - wilander
ITS Transportation is vision of future and I am fully invested for vision WITH qtrh. To bad you won't be here for ride and your stated intention is to leave after Apple.