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Airspan Networks, Inc. (AIRN) Message Board

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  • sshhhh62 sshhhh62 Mar 7, 2007 10:04 PM Flag

    Put ishhe on ignore, he is clueless

    the sec states clearly 20mm sh is 33%

    60mm sh x .33 = 20mm sh

    the Float does NOT reflect the shares HELLO

    the truth is as it is

    put your head in the sand and ignore the truth

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    • How simple can I put this

      .10 loss, or $4.1 million equals 41 mil shares.

      Pf'd stock does not count as float. Just go long and
      shut up.

      • 2 Replies to darkstaratthegreek
      • AIRN's SEC filing risk factor statement has glowing forecast for this year

        RISK FACTORS

        If we continue to incur substantial losses and negative operating cash flows, we may not succeed in achieving or maintaining profitability in the future.

        We have incurred net losses since we became an independent company, and as of December 31, 2005 we had an accumulated deficit of $203 million. We anticipate that we will continue to experience negative cash flows over the next 12 months. Our operating losses have been due in part to the commitment of significant resources to our research and development and sales and marketing organizations. We expect to continue to devote resources to these areas and, as a result, we will need to continue increasing our quarterly revenues to achieve and maintain profitability. We cannot be certain that we will achieve sufficient revenues for profitability. If we do achieve profitability, we cannot be certain that we can sustain or increase profitability on a quarterly or annual basis in the future.

      • mirabello@sbcglobal.net mirabello Mar 7, 2007 10:13 PM Flag

        the preferred stock
        has converted to common