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Airspan Networks, Inc. (AIRN) Message Board

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  • darkstaratthegreek darkstaratthegreek Mar 7, 2007 10:09 PM Flag

    Put ishhe on ignore, he is clueless

    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.

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    • AIRN's SEC filing risk factor statement has glowing forecast for this year


      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 Mar 7, 2007 10:13 PM Flag

      the preferred stock
      has converted to common