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Re: ihubposter post# 4395

Thursday, 02/22/2007 11:01:58 AM

Thursday, February 22, 2007 11:01:58 AM

Post# of 41740
Ihubposter, I did hear back from Dean and he said that (i.e., what you suggest) is what happened at XING. I would think it is easy to track down as the membership was premium, i.e., paid, however Dean didn't say anything about that. Still sounds funny to me but I'm more concerned about immediate matters. At this point I just want to see ONEV succeed in rolling out services.

I'm afraid computer related business is NOT on schedule. MCCv.3 is almost complete but he had to pull all of ONEV's engineers to work on getting TELNOR launched. Besides the aforementioned: the Tier 1 OEM's embedded microphone (used in their computer) is very poor so ONEV is looking at options to either have them change the embedded microphone or share the cost of an external microphone. No updated time frame was given across the board.

He said they are still awaiting feedback from India on a proposal and just resubmitted answers to their additional technical questions a few weeks ago. He said they are a large carrier and take a lot time.

He did say they reduced burn rate from $250 to $160 while increasing monthly recurring revenue covering about ½ their monthly burn.

Everything seems to be concentrated on TELNOR for revenue reasons ... hopefully if they get them up and running well TELMEX will follow. TELNOR seems to be the cog in the wheel. He said TELNOR did have a launch date but he couldn't release it. Let's just hope with all the attention Dean is giving TELNOR that it's soon and that things go well after launching!

He closed by saying he felt they were moving in the right direction and ONEV would succeed ... I guess we'll all know soon.


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