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Monday, June 30, 2008 10:44:23 AM
I just got off the phone with Orlando (literally 2 minutes before typing this message), and he was very polite with me. I told him that I was an investor, and that I had seen speculation recently saying "news coming this(last) week" and "news coming next(this) week" and wanted to confirm it for myself, because it's pretty obvious that I-hub has its fair share of both pumpers and bashers. He said (and I'm paraphrasing, FYI) that he'd love to put out more news and updates, but he's got to ensure that he's got full understanding of his rights of disclosure, to make sure he doesn't speak on anything that he cant yet. Regarding the buyout, he said that it's a process: Latitude has to do their due diligence on the prospective buyer and their offer, as does the buyer have to do their research on Latitude. So I suggested that it could be weeks away before we get news on the buyout, and he agreed. So if anyone posts when news should be coming out, IMO, just ignore it. Just let the news come out when it comes out. And calm the hell down. :)
After having a very casual discussion with him, I'm pretty certain that the guy's on the level, and I trust that he knows what he's doing. So I'm holding long, and I'll even increase my position when I get a chance.
Obviously, none of you know me from Adam, and I could be a pumper just as much as anyone on this board could. If you don't trust what I have to say, call for yourself.
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