I was at the open house, and cannot add too much to what's already been said. I haven't posted anything until now because I just recently stopped shivering! Those of you who have never been to Tierra Verde should know it's a strip of land about a half mile wide and a couple miles long, and when the wind blows, it's colder than a witch's .. er.... broomstick. Rich's 3 car garage is NOT heated. My feeling is those who left early were not Anthony Operatives, they were just native Floridians. Those who stayed to the end probably flew in from Michigan and thought the weather was great.
SecureView is everything we all had hoped it would be.... in Spades! Although it has a fixed lens, it is perfectly in focus from 6 inches to infinity. It looks EXACTLY like a floodlight that is not on or "burned out". During our demonstration, we witnessed a man in the lobby, 1 foot from the camera, and you could tell he didn't even realize it was there. It was obvious how proud Rich was... his enthusiasm came really across. SecureView is for real!
Is SeaView for real? Over on RB the shorts all say this whole deal is a scam. Well, just a little common sense would say that if this were a scam, we would have seen some classy offices and a lot of suits and ties greeting us at the Open House. But instead we are met people in everyday work clothes, who look like they spent the morning on the boat. And a facility that is functional, but if Rich is paying more than $500/month, he should renegotiate the lease. Suffice it to say there's no money wasted here! (BTW, if you see me in a tie, somebody's getting married or somebody died, but geez JR, least I shave everyday!)
One area of concern for me is the $9,000,000 worth of orders for SecureView. I did get a chance to look at these. They were all for a dozen items and all going to dealers at a dealer rate. They looked like telephone solicitation orders, and for the most part, were not accompanied by the customers P.O. I wanted to ask Rich what the "Terms" were for these dealer orders. I was concerned they might be on consignment or "floor plan", and wouldn't therefore fit in to Rich's "one sale buys parts for 3, 3 buys parts for 9, 9 buys parts for 27" finance method. Unfortunately, the heated bus pulled up and the wife had had all she wanted of Rich's garage. So, I ask those of you who stuck it out to the end, does anyone know the "Terms" of the dealer back orders?
The other area of concern I had was the rather nonchalant attitude about getting to AMEX. Rich said a lot of the paperwork done from the first application would make it quicker to reapply a second time. Rich, you said the only reason the stock price tanked is because of the shorting "by the best of the shorters". Well, they're still out there, and IMO they will short us again and again and again until you get us off the OTCBB. I'm not a vindictive person, but I wouldn't mind if you reapplied, kept it as one of your company secrets, and announced on a Friday at 4:30p.m. that trading will begin on AMEX the following Monday morning. (Anthony would have to change his pants!)
My overall take on the entire day is that Rich was presenting the products, the people, and the company as it is, no fluff, no pretense, this is it, take it or leave it. I think this company will be successful, very successful, just not as fast as we stockholders would like. I guess I can wait a while. Oh, and one more thing, Rich. When you do sign that contract with a "Major Retailer", why not let the "Major Retailer" put out the PR? (Anthony would have to change his pants again!)
GOLFNUT
AI
