popping up on the radar, page-8

Had a very quick look at this this morning for the first time. First read the threads. Wow some people have stayed for over 7 years. Then looked up the website. Obviously has interesting technology that is ready for production. Reminds me of Racal with its early range finding technology for Chieftain tanks in the seventies.

Looked at the latest quarterly. First company I researched today that actually had cash in exceeding costs out without recourse to issues, they have revenue. So so good.

Then I read A/R. Oops. Revenues expected to fall in 2015 and while 2017 might be good and the space side may break even this year, revenues just aren't enough for the sorts of outlays they make.

Experienced board, but the key executive is older than me at 64.

Don't like the petty inter company dealings between board members and the company over things like shared office space. Very small company thinking.

I also don't like the apparent charitable way they are developing technology. Is this trying to match it with the Lockheeds and Northrops who can afford to.

This might go higher, but doesn't tick enough boxes at the moment.