Monday, September 29, 2003 7:35:17 PM
The private placement is going on and the company is experiencing growing pains. Reason for concern??? It' sort of what you would expect isn't it? The research has been "completed" and now the finishing touches are being applied. The platform works on Witness and Ancestry and further refinement is ongoing. It's time to sell the product. To bad we had to spend big bucks via share participation to get the people we got. Maybe it will be well worth the cost. Private placement. More cost to us original holders. How do you make money on no money? You have to travel, buy resources, equipment, plant, alliances, airfare, etc etc etc. It doesn't get done for free. If you are uncomfortable with these realities of the business world, wise up. They are the cruel and usual facts of life. You already know this though. Maybe I'm just typing this to reassure myself. Hey you paddle for a while, I'll steer! I don't think anyone has to bail because this little boat looks pretty tight, despite all the knocks it's taking. "Someone asked an Irishman if he liked working for the British when they built the Titanic. He said no, as long as they let us make more ice!"
Stakddek
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