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Re: joedimaggio_6 post# 2048

Wednesday, 05/12/2004 3:01:55 PM

Wednesday, May 12, 2004 3:01:55 PM

Post# of 326351
Hey Joe, you are the naysayer, but at least your points are articulated with sincerety.

For starters, the dilution from the $4m promissory note will be paid off by June 18th. The warrants of 40m are a one shot deal and don't increase regardless of the pps. Cornell is paying .075 for them so you can believe the pps will be higher than .075 just on that fact alone!

Future dilution form the equity agreement will depend on whether or not Neom needs any more. At the moment, it would appear they have raised plenty of $ for a while. I don't know what BSDS will require until they are cashflow positive or if even the deal goes forward. I don't know how quickly CSI/NMPR can ramp up sales, but Neom acquired them for cashflow to min. dilution. I also don't know how quickly Paperclick will start earning license fees from Service Providers, Virgins, Brand Managers..., but everything points to the start of these revenues sources in the near future.

I think it's going to be a beautiful Summer! JMHO