I hear you Elder
It's been a long haul, But we are now closer than ever. As I like to say sooooon is imminent.
A few exerpts from Brad's letter to shareholders:
"I am now more confident that when we go to market with our strong technology, we will also have the strong finances to be successful.
We are working now to raise additional funds through convertible long-term debt, or an equity investment, or both. I am optimistic that one or all of these deals will close and that we will at last have achieved our financial goals.
Keep in mind that "Step Into Liquid" will open nationwide in North America in August, and that we will receive funds from its theatrical and home market releases.
So, that leads me to the final area, achieving our product goal. Embarq continues in its development, and I am pleased with its progress. Of course, while we move forward slowly, our competition is not standing still. As I reported to you with the Dispatch from Supercomm, and now reiterate, we are not aware of a semiconductor on the market today anywhere in the world that performs to the level of speed and distance that Embarq performs to in its prototype form. And, we know of no technical reason why the final form of Embarq will not equal the speeds and distances achieved in prototype form. Our next major goal is releasing the FPGA version of our prototype. I have not yet made a commitment to you of when this product will be released, but will make this commitment when I have the cash in hand to hire more engineers. As in the paragraph above, I believe that I will have this cash to work with."
