InvestAmerica (Optica) (fka INVT)

[crthbull]

Sorry it took so long to get back to you. The meeting went well and in fact I will be back in their new office next week for another meeting.. Ian explained the true infrastucture of Optica, Zed and INVT. A man named Brian Hurd is the behind the scenes guy that is, along with two other exec.'s, handling the decision on the RFI for the equipment. The interesting thing about their equipment lease is that is is a new twist on things as I suspected. Most small cap companies like INVT don't go asking for a another company (supplier) such as a Nortel or 3COM to step up to the plate and provide the equipment AND the financing. This is precisely what INVT is doing. If they pull it off it will be quite a coup! By the way it should be announced within the next few weeks but the paperwork is humongous according to Ian and it may take a little longer to make a decision than originally expected. Also, even when the stock hit the 11 dollar range back in May (?) Ian and Brian did not dump stock as some people might think. They still are holding onto most of their shares. That is a good sign. I will try to stay on top of the issues with these guys (I live a few miles away) and let you know more as things progress rather than a lot of hype and BS like the Raging Bull board somtimes gets.

cr