Iota Communications Inc. (fka IOTC)

[bgpipper]

Obviously not your typical OTC financing. And I guess we disagree that this is not expensive financing. 10% plus Libor equals approximately 13.1% ...

And didn’t Knapp say, in a Press release, that for 18 months, finances would be supported through the M2M Spectrum Program? Maybe something requires the money right now. The lack of news is surprising.