Zgoldies....thanks for checking on the actual cash amount. Actually, at one point I thought it was $4 million, but the information you found looks more current.
As per Jay, the AFN is supposed to kick in bigger money at the end of the first quarter, and the Tempe business is supposed to be cash-flow positive by the end of the first quarter too.
If Jay & Co. hadn't decided to go after the WiFi business, we wouldn't be so screwed up. Of course, the question comes up about how much growth his original business plan could or would grow. No matter how I look at it, there are problems, but I still say the salvation of this company is in the IPO or selling off noncore assets. No one has to tell me it's a damned mess. I already know that, so save the negative comments. All we can do is wait and see. Either that or sell.
I look at it from the point of "what do I have to lose"? Not very much at this point.