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To: tony_mn who wrote (85553)	5/29/2009 11:47:42 AM
From: rogerover	of 111142

That's a practical example, in microcosm, of why technical analysis can work even with a thinly traded stock. You, Gary and I were all watching CTEI, wanting to buy but waiting to try to save a few cents. Once the volume dried up and the price wasn't dropping, all three of us had gotten comfortable with the price range. Two of us (you and Gary) decided to pay the ask, and the third guy (me) didn't get any more stock (yet) but increased the bid while trying. Now we're a few cents higher and possibly breaking out of the triangle, depending on whether other people see the price moving and jump onboard.

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To: GARY P GROBBEL who wrote (85552)	5/29/2009 11:55:49 AM
From: GARY P GROBBEL	of 111142

GGBM.PK...I think these guys are on the way back. They dropped down to the pinks voluntarily in order to not have to pay the Sarbox 404 costs and listing fees but keep stockholders informed of any news. Company has 7m shares out and is presently at .13/.14. SightLogix and GigaBeam Partner to Provide Automated Perimeter Surveillance for Wireless Environments Companies to Present Their Joint Solution at the US Army Force Protection Equipment Demonstration (FPED VII) May 19-21 PRINCETON, NJ and DURHAM, NC--(MARKET WIRE)--May 18, 2009 -- SightLogix, Inc., maker of outdoor intelligent video surveillance systems for critical infrastructure protection, and GigaBeam Corporation (Other OTC:GGBM.PK - News), the leader in multi-gigabit wireless communication technology, have partnered to provide wireless surveillance solutions for commercial and government customers who need to protect large perimeters and outdoor areas. SightLogix' fixed and rapid-deployment visible and thermal SightSensors(TM) reliably detect outdoor intrusions at long and wide ranges under virtually any weather conditions. When deployed in conjunction with GigaBeam's highly flexible, high-capacity wireless backhaul networks, customers such as enterprises, departments/ministries of defense, local municipalities, universities, medical centers, banks, and other government agencies gain a ubiquitous outdoor surveillance solution for enhanced physical security and force protection. "Many surveillance applications are in remote locations and areas where infrastructure for setup and communications is difficult, time-consuming, and too costly to provide," said John Romanowich, SightLogix' President and CEO. "Wireless, automated video solutions that can be quickly deployed regardless of available infrastructure," he continued, "represents an invaluable tool for protecting critical infrastructure, key assets, or security personnel." "Our relationship with SightLogix is very exciting for us. It's absolutely a logical adaptation of our expanded product offering in a surveillance application utilizing revolutionary sensors such as theirs," said S. Jay Lawrence, GigaBeam Corporation CEO. "The ability to build a total wireless network, leveraging the right communications tool for the job, will create the opportunity for expense and time savings as well as being non-invasive to the environment." SightLogix' intelligent video cameras incorporate edge-based video analytics for accurately detecting targets quickly and efficiently. Combining this functionality with GigaBeam's extensive (up to multi-gigabit-per-second) wireless networking capacity makes outdoor surveillance economical, ubiquitous and reliable. Wireless intelligent video surveillance that can also be rapidly deployed satisfies many security needs, including scene lockdown around emergency events, perimeter detection for SWAT and active shooter operations, security around forward deployed mobile command posts, and preemptive security around commercial sites and areas of national significance. The companies will present their technologies in the SightLogix booth (#27-I) at the US Army FPED VII event, May 19-21 at the Stafford County Regional Airport, Stafford, Virginia. SightLogix' surveillance solutions have been purchased by the US Department of Homeland Security for their own perimeter security needs and selected by DHS for the 2008 CEDAP program. The company's automated perimeter security solutions have been deployed around the world to meet the serious outdoor security needs of the transportation, energy, utility, chemical, information technology, public safety and defense industries. About SightLogix Inc. SightLogix mission is to provide pre-emptive, automated outdoor surveillance systems to protect critical infrastructure and key assets. The company's open-architecture, Intelligent Video Surveillance system provides full situational awareness to increase both the effectiveness and efficiency of security manpower. For more information, please visit www.sightlogix.com. About GigaBeam Corporation (Other OTC:GGBM.PK - News) GigaBeam is a provider of fixed wireless communication equipment. The Company is the industry leader in the upper millimeter wave communication bands from 71GHz to 86GHz and has offerings in other bands including 802.16d Wi-MAX in 3.5GHz and 3.65GHz, 4.9GHz, 5.8GHz, and 18GHz and is considering other product offerings as well. GigaBeam's core products in the 70/80GHz band are immune to interference or interception, can be very densely deployed, and have inexpensive licensing to offer users protection. GigaBeam's product portfolio currently has products from 10Mbps to 1,000Mbps (Gigabit Ethernet). These products are point-to-point, point-to-multipoint, line-of sight and non-line-of-sight. The combined offering can provide ultra broadband high-speeds for core network applications and lower speed and economical edge/access offerings. GigaBeam users include many enterprise customers and cities globally, universities, medical centers, banks, various departments/ministries of defense, and other government agencies globally. To learn more about GigaBeam's revolutionary wireless technology, please visit www.gigabeam.com. Contact: For More Information: Eric Heller Director, Marketing SightLogix, Inc. Phone: 1-609.951.0008 Email Contact Marijke McCandless Director, Corporate Communications GigaBeam Corporation Phone: 919-698-6469 Email Contact * Email * IM * Bookmark * del.icio

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To: GARY P GROBBEL who wrote (85556)	5/29/2009 11:58:29 AM
From: GARY P GROBBEL	of 111142

GGBM...letter from CEO in Dec-- December 2008 To Our Customers and Shareholders: It is the end of 2008 and we would like to update you on the journey we began one year ago. This has been a year of change, introspection and rebirth for GigaBeam and we are proud to be here today. In the past twelve months, we have made significant improvements to the GigaBeam business and we have an ambitious plan for the coming year. For those of you not familiar with the company, we will begin with a brief synopsis of our business, highlight the accomplishments of the past year and present our goals and objectives for 2009. Background and Summary of 2008 Prior to 2008, GigaBeam was a single product business, addressing an embryonic niche market with a new wireless technology offering unprecedented ultra broadband capacities of 1.25 gigabits per second (Gb/s) in the 71-86GHz (70/80GHz) spectrum bands. The company believed this was its future. From listening to our customers, and as referenced in previous letters to you, we learned that the market requires a more solutions-based approach. Therefore, in 2008, we expanded our product base to include products in spectra from 4 to 90 GHz, in licensed and unlicensed bands, offering capacities from 10 Mb/s to 1000Mb/s, in various and flexible configurations, effectively making us a one-stop-shop for communications transport. This new collection of tools, anchored by our core capability in the 70/80GHz bands, positions GigaBeam to provide solutions in the communications space including wireless carrier, campus communication, security and surveillance, disaster recovery, and scores of other applications in underserved markets around the world. Our customers have responded to this change, and this past year we have witnessed not only increased sales of our core product, but also bundled/solutions-based sales of our entire portfolio. As we look back at 2008, we believe it will be seen as the year GigaBeam rationalized its business to be in line with its immediate market opportunity. This is best evidenced by how our operations have evolved since we last raised money in our April 2008 debenture offering. That offering injected just enough capital into GigaBeam to set it on its turnaround course and, since then, we have not needed to raise further funds and we have become self sustaining. As part of our cash management, we have also begun to repay the many debts that accumulated prior to 2008. Our obligations to the many in debt to GigaBeam has hindered our ability to make timely SEC filings, conduct proactive investor relations, and has limited our general corporate marketing and operation budgets. As our business advances, we hope to incorporate more of these activities on a regular basis to keep our customers and shareholders more informed. GigaBeam Corporation, 4021 Stirrup Creek Drive, Suite 400, Durham, NC 27703, Tel: 919-206-4426, Fax: 919-206-4420 Highlights of 2008: • Reduction of Operating Expenses. We reduced the cash requirement to operate our business from approximately $800K per month near the end of 2007 to just under $400K per month at the end of 2008. • Increase in Bookings. We increased our bookings of our marquee product operating at 70/80 GHz over 30% this year over last year while reducing the cash requirements to operate the business by nearly 50%. We also have bookings for our new products, both as stand alone sales and as bundled solutions complementing the 70/80GHz • Recapitalization of Balance Sheet. We converted certain of our debt and equity instruments to Series D Convertible Preferred Stock that offers cash and administrative savings. • SEC Filings. We are temporarily listed on the pink sheets where we can preserve capital. We intend to return to the OTCBB when appropriate. • Expanded Product Offerings. As described above, we now offer products in the 4.9GHz, 5.8GHz, and 18GHz spectrum to complement our marquee product in the 70/80 GHz bands. • Introduced Equipment Leasing Program. We introduced a new program to proactively address the needs of a contracting market and support flexibility for customers to use operations expense budgets in addition to capital expense budgets. • Formed GigaBeam Middle East. We increased in-region sales and field engineering capability to meet the needs of this growing sector. • Awarded First Research Grant from Federal Government. We received a cash award to research study for data rates 100 times the current data rate capability. • Delivered 10/100 Mb/s Radio in Lab. Productization in process. This is a component of our strategy to offer solutions from 10Mb/s to 10,000Mb/s in the 70/80GHz bands along with our other offerings. In 2008, we began the turn around of our business and demonstrated that GigaBeam can survive on its own merits. While we have made progress, we have much more to do. 2009 We face a contracting global economy, the reality of domestic recession, and a liquidity crisis unprecedented in our lifetime. GigaBeam, we believe, is battle hardened and prepared to fight through difficult times having sustained operations during its own credit crisis over the past year. While thinly capitalized, we’ve engaged in a turn around, balance sheet recapitalization, product expansion and growth of our top line. We are ready for the challenges ahead. As we move into 2009, the following are some of the goals and objectives we have for our business: • Cash Conservation: Our business has been paying for itself but we intend to do even better. Given the economic climate, we are making every effort to preserve cash and with some good fortune, build a war chest with the goal of creating the means to take advantages of some of the opportunities a contracting market will provide. • Market Leadership: We believe that we are the global leader in our marquee offering at 70/80GHz and we intend to build on this. In a contracting environment, we believe occupying a market leadership position is essential. • Harvest Sales: We will make every effort to continue to harvest sales in the regions of the world where we are well positioned for success. We have Sales and Field Support in the United States, European Union (EU), Middle East and North Africa (MENA) and Australia. At the end of 2008, there is a Gigabeam employee working, every hour of the day • Bring SEC Filings Current: We remain committed to getting our filings done. As we have been conserving cash and servicing the heavy debt burden the company created prior to 2008, we have fallen behind on this element of our business, but we have set a goal to return to the OTCBB in 2009. • New Products: We continue to develop new offerings. We intend to continue to work on the low cost 10/100Mb/s radio link as we are receiving good interest in this offering. We also have other items planned which we will be telling you about as we move through the year. • A New Image. We invite you to keep an eye on us during the first quarter of 2009 because we are refreshing GigaBeam’s image. We have come a long way and our strategy and vision has changed. We are in the process of taking steps to illustrate our solutions-based approach and we are looking forward to sharing it with you. We move into 2009 in considerably better shape then when we started 2008. We must continue to execute on all aspects of our business plan, listen to and take good care of our customers and be pragmatic about the overall economic situation. As always, we thank you deeply for your continued interest and support. Sincerely, S. Jay Lawrence Chief Executive Officer GigaBeam Corporation

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To: GARY P GROBBEL who wrote (85558)	5/29/2009 12:42:53 PM
From: GARY P GROBBEL	of 111142

SRRY.OB...have had this out here several times...believe it to be a strong buy here at .35. Qtrs going forward will be stronger on the numbers and as the cartridge biz begins to ramp up along with other initiatives the company is undertaking I expect the numbers to end up surpassing last year (below)....22m shares out--nice-- LAST QTR MARCH 31-- Sancon Resources Recovery Announces 2009 First Quarter Results Maintaining Growth in the China Market SHANGHAI, China--(BUSINESS WIRE)--Sancon Resources Recovery, Inc. (OTCBB:SRRY) (or “Sancon”), a rapidly growing environmental services and waste recycling company with operations in both China and Australia, announced today results for its 2009 first quarter ended March 31, 2009. Last qtr The Company generated strong 2009 first quarter revenue of $2.59 million, a small increase compared to $2.58 million in the 2008 first quarter. Revenue from China operation increased by $233,677 from $1,978,436 in 2008 first quarter to $2,212,113 in 2009 first quarter. Revenue from Australia operation decreased by $218,285 from $600,677 in 2008 first quarter to $383,382 in 2009 first quarter. Gross profit decreased $0.23 million or 15% to $1.31 million in the first quarter 2009 from $1.54 million in the first quarter 2008, primarily due to lower profitability in Australia. However, gross profit of China operation decreased only by $85,226 from $1,158,597 in 2008 first quarter to $1,073,371 in 2009 first quarter. In comparison, gross profit of Australia operation decreased sharply by $157,293 from $396,485 in 2008 first quarter to $239,192 in 2009 first quarter. Gross margin decreased from 60% in the 2008 first quarter to 51% in the 2009 first quarter mainly due to a decline in U.S. dollar denominated plastics materials sales in Australia. 2009 first quarter net income was $0.57 million, or $0.03 per share, compared to $0.77 million, or $0.04 per share in the year ago period. It decreased $0.2 million or 26%. The company continues to strengthen its balance sheet position with $2.22mil cash balance. “Due to the decline of the Australia dollar and slower economic activity in the country, the quantity of waste materials we processed and sold was significantly lower in Australia than in the year-earlier period, which offset growth in China. We are encouraged that demand in China remains strong, helped by the Chinese Government emphasizing environmental policies and projects for all sectors and entities. Chinese waste management market is one of the fastest growing markets in the world. It is estimated to be $35 billion by 2010,” said Jack Chen, Sancon’s Chief Executive Officer. “It is for this reason that we continue to invest in growing our position in that market, such as through the recently announced Joint Venture with “Close The Loop” for building printer cartridges and toners recycling facilities for China. We believe this new venture positions us well to work with leading printer cartridge makers in the world, who seek a reliable and cost-effective way to dispose of the cartridge waste. China uses over 100 million of printer cartridges and tonners a year and recycles less than 1%. While we expect our margins and profitability to return to customary levels in the second quarter, we believe that our joint venture with Close The Loop as well as other initiatives to be announced shortly positions us for growth during the latter part of the year and into 2010.” LAST YEAR--DEC 31 Sancon Announces Profitable 2008 Full Year Results Revenue Increases 166%, Gross Margins Increase from 29% to 47%; Company Earns $0.08 Per Share SHANGHAI--(BUSINESS WIRE)--Sancon Resources Recovery, Inc. (OTCBB:SRRY - News) or “Sancon”, a rapidly growing environmental services and waste recycling company, with operations in both China and Australia, today announced results for the fiscal year ended December 31, 2008. Financial highlights of 2008 fiscal year are: * Revenue in 2008 grew 166% to $12.7 million from $4.78 million in 2007 due to significant growth in our Waste Management Service. Revenue in 2006 was $3.45 million. * Gross profit increased 324% to $5.95 million in 2008 from $1.4 million in 2007. Gross profit in 2006 was $0.518 million. * Gross margin increased significantly from 29% in 2007 to 47% in 2008 due to the expansion of higher margin services business in waste management. Gross margin in 2006 was 15%. * EBITDA increased from $0.02 Million in 2007 to $1.76 million in 2008. * Net income in 2008 was $1.65 million, or $0.08 per share, compared to the loss of $0.17 million, or $0.002 per share in the year ago period. Operating highlights of 2008 fiscal year are: * Sancon recycles plastic silage wrap into pine posts helping Australia local government to achieve ''Towards Zero'' waste strategy * Sancon develops raw materials from recycled waste glass, used in the manufacturing of numerous consumer products * One of world’s largest personal computer manufacturer selects Sancon to recycle computer packaging materials * Sancon sponsors the development of new biofuel technology using algae, the Future Fuels Consortium™ which comprised the South Australian Research and Development Institute, Flinders University and CSIRO In China, our business continued expanding rapidly. The number of full-time and contracted employees increased from 154 to 190 in 2008. We processed around 14 million waste glass bottles in 2008 to produce reusable raw materials. Nine additional trucks were purchased during the year taking the total number of trucks to 49 at the end of 2008 to expand our logistic operations. In Australia, despite economic downturn, we did not lose any customers. We continue to process industry and consumer recyclable wastes from companies such as Toyota, Ford, Masterfood, Hella and Woolworth supermarkets. In Hong Kong, due to the poor performance of the material trading business and ever narrowing margins since its inception and unlikelihood of it will generate any meaningful profit in the future, the company decided to dispose its subsidiary GuangCheng. The company will focus on higher margin businesses in China and Australia. “The year 2008 represented a year of strong operating performance, as the Company generated the highest annual revenue in its history, reported improved gross margins reflecting a more favorable mix of business, and recorded a year of profitability,” said Jack Chen, Sancon’s Chief Executive Officer. “We were able to accomplish this result despite suffering the current economic crisis. The Chinese Government is emphasizing environmental policies & projects for all sectors of the economy and corporate entities”. Mr. Chen continued, “On August 2008, China's top legislature passed a law to promote a circular and recovery economy and will come into force on January 1, 2009. The aim of the law is to boost sustainable development through energy saving and reduction of pollutant discharges. This backdrop provides an excellent growth opportunity for Sancon in China. We aim to continuously expand our recycling and waste management operations in China by setting up larger network of processing facilities and logistics operations around China. Meanwhile, we are developing new processing facilities aiming at electronic waste materials and electronic production waste. We believe these strategies will support our growth throughout 2009”. About Sancon Resources Recovery, Inc. Sancon Resources Recovery, Inc. is an environmental service and waste management company that operates recycling facilities in China and Australia. Sancon specializes in the collection and recovery of industrial and commercial solid wastes such as plastic, paper, cardboard, and glass. The recycled materials are made into raw materials and used by Sancon's manufacturing customers in China to make a wide variety of new products including outdoor furniture, construction and building materials, road surface, and various new products. Sancon's China operation is fully licensed by the Chinese government for waste management services, and is certified with ISO9001 and ISO14001 standards. For more information please visit: www.sanconinc.com

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