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Re: payitforward post# 7714

Monday, 07/20/2009 11:45:41 AM

Monday, July 20, 2009 11:45:41 AM

Post# of 8840
"that said <and being a newbie> not sure y there is so much frustration.. "

Maybe I can address that question, since I have been around longer than most. I bought my first shares in early 2004 for .21 and subsequently for as high as .60 and held shares when the price actually went over $1.00. At the time there were about 100,000,000 shares outstanding. Throughout all of that time the company was always on the verge of greatness, just a quarter or two away according to the promises. And belive me, the press releases and interviews were a lot less restrained in the early days. There always seemed to be big pending government contracts that only needed a little administrative tweaking. All of this was accompanied by high drama, with the internal strife and split off of OSSI, the aquisition of Pluto Communications, name changes, etc. But the theme has always been constant, "be patient, we are almost there." I, for one, was more than a little shaken by last year's reverse split, which took shares away, then the massive dilution, which devalued the shares I had left. All of that was mixed with the secretive sale of the the NexiOne product and appointment of Nexicon officers as officers of the company that bought NexiOne. Nexicon officers seemed to fare better than the shareholders in that deal. It made sense initially to go on the pink sheets to avoid the onerous and expensive reporting requirement of Sarbanes-Oxley. It gave them the lattitude to position themselves to emerge a stronger company. But now, it is time begin reporting again and give the company some much needed transpancy. Do I still believe? Yes, most days I still do, as attested by the fact than I now hold more shares than at any time during the last 5 1/2 years.

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