EREX call:
144 stock? Mark Mcdonald has been selling the Doctor' s stock to help him pay the bills. You can expect to see a registration every 3 months until he is out of stock. This says nothing about his perceived value of the stock. He simply must sell to eat.
15 million? NOT a Guarantee, but we can expect renewed confidence before Dec. 1, with the financing package being filed in the SB2. The 'house' providing the financing is precluded from shorting the stock, and in fact will be addding it to some of it's bb tech mutual funds. Many of us will recognize the brokerage house name.....many may not?
Valcom? We are in good standing at the company, and they are still working on the Dragon. It is proposed that Valcom will not only build the Dragon, but that they will also provide Tech customer service, warranty repairs, and exchanges.
SB2? It was delayed due to the 10Q (not the current one) not having the info inregard to to the Webulate acquisition, the UFSI deal, and the convertible. A mid-term 10Q could have been prepared, but this is costly; and the convertible was not yet complete. All of this would have had to have been completed by July to ride the old 10Q....it obviously was not.
They were also looking into other financing.
Comdex? He attended to check on different distribution avenues, check on other competition, check on potential components, and check into different software solutions for the Dragon.
Printer drivers? Canon is dragging their feet. They have only one OEM customer (HP), and have effectively closed their OEM division. Getting the needed tech from Canon is like pulling teeth. You have to look at it from their point of view: Some BB company, with $5000 in the bank, wants Canon to give up company secrets, so they build a ....a what? With the 15 million, the door should open. I did not ask the next logical question....are any other suppliers presenting the same problem?
Ok thats it. I really think this is the beginning.....and we were all too early. BUT we are here now, and this is a good price to enter the stock.
