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Re: None

Friday, 06/06/2003 2:30:10 PM

Friday, June 06, 2003 2:30:10 PM

Post# of 78730
Well fellow owners, I would conclude that a fair degree of interest has been generated in my idea for a modified private placement concept. I realize that if a proper environment is established whereby "not one dime" is used other than for pure tech related "new" expenses for completion of the various chips to bring Embarq to market we might just be able to raise the sums needed. Since Dilt1 is close to Adaptives headquarters and knowledgable about such matters I would support the concept of a LLC or partnership whereby he and I would be Co-Managing General Partners with NDA's and the $5,000 participants becoming limited. Without both GP's signed off on the preauthorized expense no funds will flow. We have an investor who is a CPA in New Jersey who can hold the escrowed funds and who is both licensed by the State and also a wonderful Lady. Her husband, Tappy, is also capable of oversight and close to Adaptive.

My point is that there is a wealth of talent here that is not used and without execption we each can bring to the table ideas and energy to get this chip in each home. My idea involves no shares pledged or purchased and having 25 years experience in Investment Banking / Real Estate development as a Managing Director or Managing Partner I can assure all who wish to go to the next step that not one $$Dollar will be spent on anything other than advancement of the physical chip[s]. PERIOD
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