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VCAMPUS CORP Message Board

  • bill_egison bill_egison Jun 13, 2006 12:38 PM Flag

    Things I'd like Kannan to address

    1- What is the cash situation after this transaction (according to my calculations should be somewhere around 1M to 1.5M)

    with combined expenditures of $4.3M/qtr and combined revenues of about $2.8M/qtr - How do they plan to close the gap?

    2- POSO's revenues dropped by about 25% in Q1 of '06, over '05... and have steadily been dropping by good percentages over the past years - IS this trend about to reverse?

    3- Over the past 3 years, VCMP's revenues have been dropping while Operating Income Loss increased to a loss of nearly -5M/yr. Oddly enough POSO's Operating income Loss has been improving over the past 3 years to a loss of nearly -1M/yr, while their revenues decreased by 40% or so. Where will synergies cut costs, and by how much?

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