Robert McWhirter Redline Communications RDL-T COMMENT Aug 02, 2013

Wireless Internet. Owns it personally. Challenges in the past are well behind them. Having success in oil and gas industry. After pilots there are follow on orders and customers refer each other. Dramatic improvement in backlog carry forward and tax losses going forward. 12 times level. Thinly traded. Reported a week ago.

Expecting to earn $0.37 in 2013, almost double what they were forecast to earn in 2012. Have had bookings of $12 million in the 2 most recent quarters. Recently did a $10 million credit line financing, which eliminates any concerns of needing equity financing.

(A Top Pick Aug 21/12. Up 18.31%.) Company has talked about 2 acquisition targets. He has dramatically reduced his holdings. If there is an acquisition, you might see a quick 20% pop. Prefers companies that have more dynamic short-term potential.

(A Top Pick Nov 2/12. Down 47.82%.) There were potential acquisitions but new management decided to focus on what they were doing really well. Sold his holdings at about $5.32. Still owns a very tiny position. Have a number of tests under pilot for existing roll outs, which he thinks will start to appear in 3^rd and 4^th quarters this year. Chopped expenses dramatically, so expects they will be earnings and cash flow breakeven in the 1^st and 2^nd quarter of this year. Has some interesting technology.