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Re: swanlinbar post# 134

Monday, 01/15/2007 9:54:34 AM

Monday, January 15, 2007 9:54:34 AM

Post# of 585
MKRS .49 up 20% a day before contest starts,Ouch! Shares 32 Mil total o/s with a public float of app 20-21 Mil. Mikros Systems Corporation engages in the research and development of electronic systems technology primarily for military applications in the United States.Most of this R & D has been funded by the U.S.Navy! Mikros Systems was founded in 1978 and is headquartered in Princeton, New Jersey.They all have an office in Port Washington.PA.Just waiting the on going seatrial results for ADEPT(Adaptive Diagnostic Electronic Portable Testset) Systems.They sell in the neighborhood of app. 50k each with about a 60%net profit.How many ships in the Navy?Great Potential here. http://www.mikros.us/ADEPT.htm Recent events include: October 2006 -
Mikros Systems Corporation was invited aboard "the amphibious carrier" USS BATAAN (LHD-5). Similar to last months visit on "the attack aircraft carrier" USS GEORGE WASHINGTON, the Mikros survey team boarded BATAAN with special purpose test equipment and software to study the propagation and bulkhead penetration of wireless data networks. November 2006
Mikros Systems Corporation demonstrated the ADEPT® equipment to the U.S. Surface Forces-Pacific this week. It is planned to present the equipment to the Atlantic Fleet next week. The concept of operation as well as applicability to "Distance Support" was shown. These are preliminary steps to actively demonstrating the equipment aboard an active Aegis ship which should take place in the near future.
Nov. news also:
Rear Admiral Wayne E. Meyer, Chairman of the Board of Mikros, was honored on November 27, 2006 when the U.S. Navy's Chief of Naval Operations, Admiral Mike Mullen announced the naming of the Aegis Destroyer DDG-108 the USS Wayne E. Meyer.
The latest 10QSB for MIKROS SYSTEMS CORP Nine Months Ended September 30, 2006 and 2005

There were revenues of $1,576,283 for the nine months ended September 30, 2006 compared to $1,236,679 for the same period in 2005 and there were cost of sales of $939,865 for the nine months ended September 30, 2006 compared to $748,759 for the same period in 2005. These increases are attributable primarily to higher direct charges related to the SBIR Phase III contract and direct charges on the SBIR Phase II (RWSE) contract which was awarded on May 1, 2006.

Engineering costs for the nine months ended September 30, 2006 were $155,983 compared to $92,663 for the same period in 2005. This increase is attributable primarily to increased salary expenses due to the hiring of additional engineering staff and costs related to our research and development engineering office.

General and administrative expenses for the nine months ended September 30, 2006 were $375,371 compared to $293,363 in the nine months ended September 30, 2005. This increase is attributable primarily to higher costs incurred for salaries and related costs in connection with the Company?s bid and proposal efforts.

For the nine months ended September 30, 2006, income tax expense was $9,200 compared to $0 for the same period in 2005. The increase is due to current income tax expense which is partially offset by a reduction in the valuation allowance for the Company?s net operating loss carryforwards.

Net income for the nine months ended September 30, 2006 was $96,799 compared to $101,894 for the same period in 2005.


http://biz.yahoo.com/e/061114/mkrs.ob10qsb.html Website: http://www.mikros.us/ Also The Success story from the U.S.Navy website: http://www.navysbir.com/navsuccess.htm MKRS 2 year chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=mkrs&sid=0&o_symb=mkrs&f....

And so we are told this is the golden age
And gold is the reason for the wars we wage(U2) http://www.mikros.us/ M http://investorshub.advfn.com/boards/board.aspx?board_id=1308

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