I am still on the call, and the people who are left over are having a discussion about who the auditor is. Someone who claims that they are "close to the project" say that they are using Earnst & Young. I do not necessarily believe who they claim they are, although he is sounding somewhat legit.
70 - 75 million shares claimed by this guy.
New transfer agent he says.
Waiting for a DTC report - latest Friday - sent to the TA so they can attest to the float.
A few weeks away from having E&Y auditor. "within the next ten days" they will have a share structure.
People are asking this guy questions like he is a part of the business.
Sorry for the lack of grammar - I am typing as I hear it.
Competitors
120 million to try to develop sleep disorder
Rafael back on!!!
Next week he says - agrees with other guy - he might be legit then. Company is NOT selling stock, says Rafael.
question - why are you public?
Rafael: to raise the first money to deliver the first systems
Rebelgirl jumps in to take control.
Rebelgirl: who is the audit firm? is it E&Y?
Rafael: Can not confirm - wait for the PR - more than one of the "big four" working on the audit. I will ask them if I can release their name.
Rebelgirl: people were expecting a material announcement...what is the material news?
Rafael: Will see that tomorrow morning. The press release...
RG: So tomorrow there will be a material announcement?
Rafael: It will be int he PR tomorrow.
Listener: asked about NITE shorting
Rebelgirl: NITE and UBS high volume, etc....typical shorting, etc...
Listener: is there a need to dilute?
Answer: no - answered before - not selling stock.
Listener: what did you pay for Argo? cash or stock or both?
Rafael: answer will be given to you this week - by the end of the week - done by ECN holding and can't release until the PR
Will this increase the share structure?
R: Probably not
Question: How much would the system cost?
Rafael: 4,500 bucks for the complete system. From 35 per month to 200 bucks per month
Listener: asked who the first guy was and how come if Rafael could not say who the auditor was then how come this guy could.
Rafael could not say who that was.
Listener: Share structure?
Rafael: Will be released this week. (he even said "that's for sure")
This man is being abused. Someone just apologized for the collective. Rafael is repeating that all our questions will be answered in PRs very soon.
He is offering to answer any questions directly if we do not get our answers from the regular sources.
Repeating questions now - hanging up.
Again, sorry for the lack of grammar, etc. - I was typing as I was listening, and the accuracy may not be perfect, but the idea is there. Anyone who is still on please review and correct anything I have typed here.
My fingers hurt...
-Neb
