Another Special Report on Spectrum HoldingsAnother Special Report on Spectrum Holdings from BG Capital Group.
SOLID PARTS MAKING A STRONGER WHOLE
BG Capital Group
-SPECIAL REPORT-
BG Capital Group is pleased to provide you with another Spectrum Sciences & Software Holdings Corp. (SPSC) Special Report. Spectrum Holdings is now being guided by a world-class management team and their Chief Financial Officer, Michael M. Megless, reported that as of June 30, 2005, the company has a
Total Contract Backlog In Excess of $150 Million.
The company has also set a November 10th deadline for achieving full-compliance to move up to either the NASDAQSC or NASDAQNM, according to Spectrum’s President and CEO Darryl K. Horne. Also the company on a pro-forma basis, the Company’s holdings’ revenue increased more than 50 percent in the first-half of 2005, over the year-ago period. The Company also secured Bank of America financing for two operating lines of credit- one for $10 million, used as its contract line and the other fro approximately $4 million, which will be used as an operating line of credit.
Spectrum’s newly acquired subsidiaries have already posted roughly $16 million in new contract wins since the onset of the year.
Spectrum Sciences & Software Holdings Corp. (SPSC)
Investment Highlights
· Projected revenues for 2005 are now $100 Million, compared with 2004’s $11 million (increase of over 900%).
· Subsidiaries Total Contract Backlog Now in Excess of $150 Million.
· More than $16 Million in New Contract Wins since the onset of 2005.
· Management has stated that there is an increase need for its procurement services in International Markets.
· More than 75% of its business coming from the growing Homeland Security and Department of Defense (DOD) sectors.
· Spectrum Holdings’ now has at least 30 Market Makers, including industry leaders Merrill Lynch, Bears Stearns, and Smith Barney.
BG Capital itself has built a significant share position in SPSC making it one of the largest shareholders through open market purchases. We are committed to doing all we can to insure maximum shareholder value. If you have any questions about BG Capital Group please feel free to visit our website at www.bgcapitalgroup.com, or contact our associate office at 800-535-7935.
Disclaimer: 1.All materials presented are for informational purposes only and should not be construed as investment advice.2.Reference to any specific securities does not constitute an offer to buy or sell such securities. 3. All information presented is not a solicitation or recommendation to buy, sell or hold securities. We are not offering securities for sale and we are neither licensed nor qualified to provide investment advice.4.All information presented was obtained from sources believed to be reliable, but we do not guarantee its accuracy.5.BG Capital Group is not responsible nor will they be considered liable for any investment decision made based upon information presented. 6.BG Capital Group is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter.7.Readers are advised to do their own diligence and research and consult with a registered securities representative before they invest. This information is not intended to be used as the sole source of information on a company. 8.Information presented contains “forward looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the securities Exchange Act of 1934. Forward looking statements involve risk as they are based on expectations, estimates and projections at the time the company is profiled. A company’s actual results could differ significantly from those described on this special report.