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Re: jfburk post# 42807

Wednesday, 09/20/2006 12:47:36 PM

Wednesday, September 20, 2006 12:47:36 PM

Post# of 157299
Jfburk, I certainly give you a lot of credit and would want you on my side if I owned a company. You know there are positives and negatives with every company. This is an exciting young company and I believe for every positive there is a negative. While I do give you credit in pointing out many positives you do have to look as some negatives and agree sometime. Here are a couple of negative's (which doesn't mean they can't be overcome.)

They are not dept free if they issue the 1.1 million of 7% Convertible Notes, (comes to $77.000 per year) right now the interest they will pay is more then the profit made from VOIP last quarter.

Caribou is seeking more than $700,000 in damages. The Company disputes the allegations of the claim and is vigorously defending it. The final hearing before the arbitrators is set for mid-November 2006.
That could hurt should they lose.

"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."

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