A few excerpts from recent 2012 outlook (Link to full article below chart)
"After having successfully worked through the most turbulent time in the Company's history during the last 16 months, the Company's management and consulting teams, led by its new CEO, Charles Pinkerton have made substantial progress on the path of recovery and expect to return to substantial revenue growth and profitability during 2012. "
"Toyota...the Company's largest customer"
" our team has implemented aggressive cost-down-exercises and significantly streamlined and improved every aspect of MWW during the last year"
Expanded Customer Base
"Based on these concerted actions we have been able to significantly expand our customer base and secured many new automotive projects for General Motors, Chevrolet, Ford, Nissan, and Toyota to name a few"
"we have recently been awarded interior programs for both the Chevrolet Sonic and the Ford 150 Truck Line"
New Opportunities in the Industrial Markets
"The most significant improvement in our business model has been the successful move into the industrial markets in addition to our new automotive markets. This allows us to present a strong outlook for our financial performance in 2012 and the years to follow. Over the last 16 months these concentrated efforts have generated 126 new proposals with an enormous revenue potential over the next 5 years"
New Program Launch Dates
Ford F-150 October 2011
Chevrolet Sonic November 2011
"The Company currently has executed more Requests for Quotes (RFQs) than at any other time in the history of the company. We currently have quoted 139 mid-size to large projects, some short term projects, others having a potential product life span of 2-5 years."
"MWW is commencing with its first large industrial project in December 2011."
"Currently received more than $125 Mill in "Requests for Quotes" (RFQs) for future projects, more than at any other time in the Company's history."
|53,044,648 O/S per August 16, 2011 filing|
|25M Float (confirmed September 21, 2011)|