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![]() | 11/16/2005 Red Ink Mounts for Red Light Camera VendorsAccuracy problems bring financial trouble to red light and speed camera vendors in the US and Australia. Red light camera vendor Nestor Inc. has found itself running red ink, according to a quarterly report filed Monday with the Security and Exchange Commission. The company reports it owes creditors $59.1 million.
"We expect to incur continuing losses for the foreseeable future due to significant marketing, product delivery, engineering and general and administrative expenses and those losses could be substantial," the report states. "We will need to generate significantly higher revenue, or ... | ||
![]() | 11/16/2005 Switzerland: Man Tosses Speed Camera Off CliffMan attacks speed camera with pick axe, then tosses device off Alpine mountaintop. | ||
![]() | 11/16/2005 Wisconsin: Police Hassle Speed Trap SamaritanPolice in Madison, Wisconsin threaten to arrest a man for holding a cardboard sign warning of an upcoming speed trap. | ||
![]() | 11/15/2005 Edmonton Officer Receives Slap on Wrist for Targeting JournalistEdmonton, Canada police sergeant receives the lightest sentence for failed undercover sting operation against anti-camera journalist. | ||
![]() | 11/15/2005 Scotland: Mom Jailed Over Old Speeding TicketA Scottish mother was held for two days separated from her children and family over a speeding ticket she had paid in 2003. |
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