Friday, September 29, 2006 5:02:02 AM
That was such a technically flawed interview those guys were having severe issues with their equipment clearly hampering the conversation one interviewer sounded like he was under a car changing the oil and the other guy was in total cyber denial with his computer giving all kinds of grief I hope Yaacov didn't pay for that!
All right to the meat of the interview. Yaacov probably had a very hard time hearing that interviewer I know I did but verbatim he said "1 million of units" which tells us diddley. What I strongly think he meant was 1 mllion dollars revenue but I can see now why there is such ambiguity. His English is handicapped that's not a jab just a fact.
What the interviewer lacked on technical computer glitches (man his mike was HORRIBLE) he made up for on questions. He wanted to know how much the company was making what the product was like physically I nearly fell on the floor laughing when he said alright it's a mood ring then LOL , too funny!
For the most part Yaacov was very up and at ease with the interview compared with past webcasts I thought he has improved vastly he was joking and at ease but as articulate as that interviewer was he could not get the answers to the questions we ALL want to know. Namely clear revenue info but goodness me Yaacov has dropped a bombshell here if you know him well enough. (oooh terrible pun Rich)
Keep in mind this is strictly my opinion only, you need to listen carefully several times to get the context and it doesn't hurt to have already spoken with him on the phone before either.
Yaacov is asked how much cash is on hand and predictably he dances all around the blessed question chewing up all kinds of precous air time what a wasted opportunity to be to the point instead of being modest would have been so much better for the American market psyche. DARNIT ANYHOW, then he is asked when do you plan to give some financial information or reporting info because people need to know where he is at financially? Yaacov I think definitely let his guard down. He clearly says he "would like" to go reporting in 2007 but what he really means IMO is he also wants to take IDTA to the OTCBB in 2007 as in FULLY reporting and off the pinks. By then the profit margin increases he thinks will be encouraging enough for investors to take us to another exchange. Now those mysterious 500 million preferreds are finally making some sense after all.
He is also asked to call back if there is news about any bombing preventions with his kits or drug busts attributable to IDTA kits i think this was in recognition the audio was so bad. Very unfortunate the sound was as poor as it was for the main interviewer. He was excellent at getting the best he could from Yaacov and still have him relaxed. His mike got turned up after Yaacov hung up.
So your CEO was confident enough to say he is fully intent on going to a higher exchange next year that is clearly what I get boys and girls. Anyone think differently by all means post but that's what I think.
Reckon I'll buy Yaacov an English dictionary for his birthday...hang on maybe a hearing aid might be in order All joking aside the more of these he does the better he will be might as well get his feet wet now for there will be many more times in the future with a lot more money at stake. 2am here in Lotus-Land but at least I got to hear why all the khafuffle goodnight F-troop. :4)
GLTA longs
Best...Rich
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