UnifiedOnline Inc fka UOIP

[DigiTech]

I did not expect much before Q3 so until then I am not disappointed.

The company told us that it takes 6 to 9 months before a new announcement translates to significant revenues. Also the company still has a lot of non-cash events to write off so let's be patient.

IWEB is so small (annual revenue of your local grocery store) that the impact of the economy on them is difficult to measure. All they need is a couple of decent contracts and they will exceed expectations. This is not Dell or Intel, it is a small company in a very niche market. The ace card for them is Google earth. If it is mildly successful they will be fine.

What I am more concerned about is their ability to move to a higher gear (above $30M a year). It is possible but it will take some work. Well, first thing first, we will see later for that next step.