AbsoluteSKY (fka ABSY)

[hapslap]

READ FROM THE BOTTOM UP - my rantings to the company. the top one is waiting a response. I do however appreciate the fact that they do write back. i have a sense they may be losing patience with disgruntled investors, though.




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Re: RE: AbsoluteSKY - response

that's a joke - you/lynx have OBVIOUSLY been irresponsible in most, if not all, your press releases. here are the examples:
1.) you predicted $25 million in '07 revenue. now it sounds like you may not have any revenue this year.
2.) past press releases, you intimated that contracts delays were due to summer holidays and that they were still in hand - were are they?
3.) the $3.50 takeover bid was obviously just an inquiry and not serious, relatively speaking. furthermore, you said that the bid was undervaluing the company. ANY SMART CHIEF EXECUTIVE WOULD BE MORTAGAGING HIS HOME TO BUY SHARES AT A NICKEL IF HE THOUGHT THEY WOULD BE WORTH $3.50. DO INVESTORS A FAVOR, REVEAL HOW MANY SHARES ARE CURRENTLY OUTSTANDING AND HOW MANY SHARES PRINCIPALS CURRENTLY HOLD AND
THE NUMBER THAT THEY'VE BOUGHT/SOLD OVER THE PAST 3 AND 6 MONTHS.
for you guys to acquire this tone that i/investors am/are being unfair is MINDBOGGLING!!!!!!!!


----- Original Message -----
From: Investor Relations <[e-mail]>
Date: Tuesday, December 11, 2007 11:37 am
Subject: RE: AbsoluteSKY - response
To:

We have been most forthright to you in our email responses and in our Press Releases.
>
Please bare in mind that we have large partners who follow us
closely (IBM and Fujitsu) and other large customers (as Staples). Why would we jeopardise any of these relationships with misleading information ?
>
> You are entitled to your opinion. We can only do our best to keep our shareholders and the market well informed. Should get easier as the level of orders increases and the customer base broadens.
>
> AbsoluteSKY, Inc.
> Investor Relations
>
> -----Original Message-----
> From:
> Sent: December 11, 2007 11:26 AM
> To: Investor Relations
> Subject: Re: AbsoluteSKY - response
>
what you just emailed me is, in a word, bullshit. you're
trumpeting a $3.50 takeover bid when, in effect, it didn't exist. same with the $110 million in the sales funnel. they're potential sales - just like a potential bid. this isn't presidential politics - you don't message the truth -
unbelieivable.this shouldn't be an issue because if the stock was substantially worth more than 3 cents - there would be aggressive buyers. obviously, you don't believe it yourselves AND/OR are issuing a tremendous amount of shares. wow - no scruples north of the border.
hope you don't find anymore bagholders.
>
> ----- Original Message -----
> From: Investor Relations <[e-mail]>
> Date: Tuesday, December 11, 2007 10:58 am
> Subject: AbsoluteSKY - response
> To:
>
> > We have received your recent message.
> >
> > As confirmed, we now have orders in house (totalling less than $1 Million). The sales funnel is active with large retail customers - the value of potential orders, if realized exceeds $110 Million (not likely to be achieved within the next 12 months, but in time, thereafter).
> This is the definition of a qualified sales funnel - qualified customers who are in discussion with us at one stage or another.
> >
> > This is just the start as the reaction from the US side has not really kicked in.
> >
> > On this basis, the value of the Company well exceeds the offer $3.50 US. (You can not assume that just because this group made an offer of $3.50 US that they were capable of closing on such an offer - we had our doubts - they disappeared quickly once the offer was turned down !!)
> >
> > Hope this provide further insight. Will take some work in the new year to convey shareholder value to the stock. The elements are lining up to enable us to tackle this issue.
> >
> > AbsoluteSKY, Inc.
> > Investor Relations
> >
> >
> > -----Original Message-----
> > From:
> > Sent: December 10, 2007 3:52 PM
> > To: [e-mail]
> > Subject: c'mon guys - what the hell is a 'qualified sales funnel'
> >
> > ....your press releases do more harm than good ...please, issue one when you've got contracts in hand. it sounds like no 2007 sales - a little less than the $25 million you predicted ...plus, any company executive who thought that their company is worth more than $3.50 a share but is tradingat a plug nickel would mortgage his home to
buy shares (somebody would have taken the company private) ...just doesn't make sense - AGAIN!!!!!
> >