re: Ann: Press Release - XTEK & Morgan Announ... poloker,if one...

re: Ann: Press Release - XTEK & Morgan Announ... poloker,

if one read its 1H report carefully with some accounting background and knowledge of company history, he can assume the following:

their 2H revenue will be $3mil + some recurring order and service say + UAV revenue for June Q (I read somewhere their 2 unmanned aeroplanes have been fairly busy) + extra revenue from new partnership for bomb suites + US Xtclave testing, I would assume their 2H revenue will be $4mil plus, with 50% margin on operating expenditure as indicated in all past report, it will generate $2mil gross revenue, then minus staff and inventory say $1mil, it will have somewhere around $1mil profit, minus first half 600k, so they will have somewhere 300-400k net profit for FY14.

and the main reason I am in this one for big was because I am waiting their testing result for US army, only one yr away.