PEH Research Report, page-14

Anyone have any idea what their operating costs are to provide their monitoring service? $120000 revenue for 5 first year contracts ($24,000 per contract) doesn't sound like very much and doesn't tell us very much unless we know what the cost is to provide that service. They would need to win a lot of contracts before it has a real impact on the bottom line after total company expenses.

Don't get me wrong, I've been accumulating and I see a lot of potential if they can start winning some international contracts because it looks like that's where the real growth story is but just need to get a better understanding of their profit margins.

Any assistance would be greatly appreciated.