The Company is engaged in retail and institutional securities brokerage, investment banking services, asset management services and investment activities through its subsidiary.
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Downtrend in earnings since 2001, no cash flow. Pure speculative buy based on recent insider buys. Earnings should be reported within the next 2 to 3 weeks. Is LTS turning the corner? Maybe. 2006 is looking up. For the nine months ended September 30, 2006 revenues were $32,430,000, compared to revenues of $21,186,000 for the first nine months of 2005. The Company recorded net income of $3,977,000, or $0.03 per share, in the 2006 nine-month period, compared to a net loss of $26,184,000, or $0.26 per share, in the 2005 nine-month period.