TZL 0.00% 2.5¢ tz limited

No idea what theyre playing at. The Veritas report was an eye...

  1. 5,277 Posts.
    No idea what theyre playing at. The Veritas report was an eye opener. Surely all shareholders have to agree that the company is doing far better than the market is being allowed to see, as evidenced by the inclusions in the report. I hope it's all just so YBR can get full attention while the Apprentice is on TV the end of which coincides with Hankys 3-4 weeks. Funny how the AP trial is over according to MB and the tender is still up in the air, but at the same time AP orders more lockers. Undecided? Yeh right!!!

    Anyway, quarterly out in a few days. In Q2, TZ was awarded a $2.5m contract from Coolfire for the development of a satellite comms system. Initial thoughts were that this was one of those lengthy PDT contracts. However this suggests that the product has already been developed, and was launched in Feb:

    http://www.satprnews.com/tag/coolfire-solutions/


    Therefore TZ must have already invoiced for this prior to th
    e launch. Perhaps the quarterly receipts will reflect this $2.5 m. If not due to timing, I request that TZ includes this in the commentary.

 
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