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PKTO repost from PKTO board read =>


Pocketop Information from Michael Burke:

From: "Pocketop" <[e-mail]>
Subject: RE: Question on Pocketop
To: quikfix

The old Pocketop financials showed the old sales , the single product private company, that had debt, and a non-performing distribution contract. The new conpany is not related and created by the secured creditors has no debt only assets. The old company received only aprox. $5.00 (hense 1M=200,000 sold) per keyboard and has a 2 million (aprox.) receivable on its books. That asset was left with to be shared by the private shareholders which include Cyberhand Technologies International Inc. Pocketop International was the company the assets were vended into and it merged with the public company that had changed its name to Pocketop Corp. Both companies were debt free. There was no roll back but the cap was increased to 1 B to issue the restricted shares and leave lots of room for the future or possible sale. There is nowhere near that issued and it simply means that the previous 100M cap did not allow room for financing down the road and it was decided that a single shareholder meeting for the cap was better that multiple ones. Pocketop International shareholders were issued restricted stock only.

Hope this helps?

From: quikfix
Sent: Thursday, March 15, 2007 1:50 PM
To: [e-mail]
Subject: Question on Pocketop

Hi Micheal,

You mentioned in the email below that "I believe long term investors will be coming after we introduce ourselves properly, and start sales".

I thought Pocketop has audited sales (began production in October 2001) already as per the links below:

http://www.pocketop.net/history.htm

http://www.cyberhand.com/investorrelations.htm#news

Specifically, it says "With respect to the market acceptance of the Pocketop Wireless PDA Keyboard, Pocketop reported in its financial statements over C$1.36 million in revenue over the 15 months ended March 31, 2003 (audited)."

Can you clarify this for me?

Wouldn't PKTO already have sales of at least over 2 million annually by now or does Pocketop get a portion of its revenue and Cyberhand get the rest of the Pocketop's revenue?

Also, there are two companies registered with the state of Delaware, Pocketop Corp, and Pocketop International Ltd. Which company is PKTO and what is the authorized number of shares (I am not asking for outstanding, I want to know the authorized) for this company?

https://sos-res.state.de.us/tin/GINameSearch.jsp

Thanks in advance.