group claims the troubled BDC has a disreputable legacy of deceit, and has intentionally misled the public about issues related to Tom Kiefaber and The Senator Theatre.
The gross margin during the period of $10,709,000 or 25% of revenue is primarily due to the Seattle-Portland development, as costs related to the Canadian FOTS
were reimbursed with a lower margin.
Construction of a mid-America FOTS
segment on the Illinois Central will start in September 1999.
These revenues were principally derived from construction services agreements with Ledcor whereby the Company completed the Canadian FOTS
("Fiber Optic Telecommunications System"), a 5,400 mile fiber optic network across Canada in which Ledcor transferred to the Company a minimum of 12 strands over 2,700 miles between Vancouver BC and Detroit.
The software will be used to provide a Q3 interface to Synchronous Digital Hierarchy (SDH) radio and SDH FOTS
equipment for NEC America's 21SMX Network Management System (NMS).