OSI Geospatial Inc OSIIF

2nd quarter results out

[fistmaster2]

Well, didn't these guys do well.  All they can sell is BS and parts of the business.  So they succeeded in driving revenue down by 20% and pre-tax losses up by 10%.  Glad they are so good at their jobs.  It will be fun to see how the pumpers excuse ths pathetic performance - have at it OSIGUY LMAO.  I can tell this company how to recover the $1mill loss - 700K saved by getting rid of the lame CEO (that is 350k salary plus benefits in case you object to this fact too), another 300K+ by replacing the lame board.  The big institutions are surely hanging on to this stock in the hope of a buyout but I reckon it'll be lights out before anyone steps up.  Just goes to show how great potential can be squashe by abysmal management.

[rjp4profit]

It just gets worse and worse. Well, the sell off has started, and when you think its halfway through the 3rd quarter and nothing even moderately good from the core business.  That call of a 0.14 SP by the end of the week is starting to look reasonable.  L2 is pretty thin below 0.22.

[OSIguy21]

sell every share to me, I have my catchers mit on, and I'm a buyer in the .20's so if you think its going to .14 punt it here. thx. they lost 400k less than they did on 1.1M less revenue, the cost cuts are taking effect and the wins will come soon enough to make us profitable. so if you disagree, sell me your stock

[manfred24]

Something must be up that everyone bought in earlier in the mid to high 20s.  It probably got delayed again.No one would have bought in on speculation of high earnings, We all knew that they would be bad as there have been no sales.There is something comming down the pipe. Why else would we still have this volume for buyers.

[fistmaster2]

I sold at .245, You're the mug holding on when you bought in the .20s/  Enjoy the next few days - I'll take em off you at .15

[fistmaster2]

You guys amaze me.  There is NOTHING up. Read the trade press - lots of small boat contracts and NOTHING for OSI.  Of courseit was going to be bad news, it always is with this lamer in Ottawa.  He promises a lot and continually fails to deliver.  Didn't he say 2010 was the year to retun to profitability?  blah, blah, blah!!  The only things propping this stock up

[244272]

I assume that you like I voted against all of the proposed items on the AGM.Were in hell have all of the rest of the complainer been?The stooges are still running this company and their only goal is to collecthigh salaries,Board and Committee fees.I feel that it is futile to keep blaming Ken,he is only a pupet to the BoardOr should I say to the chairman and his burocratic over educated idiots.Do

[OSIguy21]

I agree, I think something is up, I'm buying stock every day. This is a .50 stock based on their technology and customer base. 1 or 2 wins and we get profitable and the stock takes off.

[OSIguy21]

you'll never see .20 let alone .15, thx for the shares

[gchristopher2]

You really haven't been following this company too long have you.  I have held shares, 40,000 at one point, for about 10 years.  There were always hopes and dreams associated with their fantastic technology and not much has materialized.  I wish you all the best of luck.

[fistmaster2]

Ha!  Was just going through some previous posts to try and make sense of what is happening - came across this from an OSI pumper.  Hope he filled up in the high .20s and is set to make a fortune.  Guess he's sending Kirkpatrick a big ole thank you note. Same as that Danny Deadlock - oh, I think he sold up ages ago LOL

[fistmaster2]

Here's the post that made me chuckleRE: RE: 2nd quarter results out OSIguy211 7/14/2010 12:55:45 PM | | 278 reads | Post #28412686 sell every share to me, I have my catchers mit on, and I'm a buyer in the .20's so if you think its going to .14 punt it here. thx. they lost 400k less than they did on 1.1M less revenue, the cost cuts are taking effect and the wins will come soon enough to

[fistmaster2]

Thanks Jimmy,The sad thing is that this company lacks Creativity and you need Humour to invest in it.  I pity the warrant holders who must be feeling like they were conned by the lamer CEO.  Well, hopefully we will shortly see his sorry butt and that of Johnson (and with a bit of luck the long time members of the lackluster board) heading out the door.  Not sure if we want