PowerLinx Inc (PWNX)

[Francois+Goelo]

Gotinearly, 1000 cameras would be better...

for accurate statistics and it may well be that the first batch had some in-built defect, no argument with that...

The more I look, the more I find issues that smack of lack of professionalism.... Dealers were buying - prepaid - Secureview cameras at around $300.00 for resale at $499.00, retail... After they stocked up, SEVU sent mailers to many of their potential customers, many of whom they had already contacted, offering the product for $300.00 and therefore bypassing the stocked-up Distributor altogether...

These dirty tactics are angering the Distributors and SEVU/Shareholders may end up having to pay the price... BTW, at $499.00, there is considerable buyer resistance and SEVU is burning a lot of leads for nothing... $299.00, provided the supply is available, is about where the retail price point should be...

The only reason, I believe SEVU is still trading is because McBride stepped down... Unfortunately, IMO, he still wants to continue running the show, using similar tactics to those that won him a 6 Years probation for Felony Fraud... There is no question in my mind that McBride is currently the worst enemy of SEVU and its non-insider shareholders...

Just my Personal Opinion...

F. Goelo + + +