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Re: None

Wednesday, 02/10/2010 3:35:00 PM

Wednesday, February 10, 2010 3:35:00 PM

Post# of 344049
As promised yesterday, here's my conversation with IR. It's long and I have to go work out right after I write this so I'll get back to any questions later tonight...

RE Deal Progress:
Remains GRDO's top priority. The company name can not be released until deal is finalized, but will be released at that time.

Results from current marketing:
YES! Seen results, can't release numbers - obviously

Claims:
To date, to her knowledge, there have been no stolen identities from a GRDO customer.

Employees:
Can not say. However, Watson is not personally involved in the claim process at all (she laughed at that question) and said their representatives handle claims. So obviously there's a significant number of outsourced employees if not direct employees of GRDO.

Profitable:
YES! Huge yes, we are cash flow POSITIVE. Plain and simple.

Financial Reporting:
Audited financial reports currently not in the works. But financial reporting is. Watson is working quickly to bring as much transparency as he can but finances are not a priority at the moment. However, it is a long term goal for Watson. The videos and RE deal are top of the list.

Videos:
My question: is the time frame for the video release next quarter, months weeks, days? Her response, "I would love to say they'll be released in days, but I can't do that" Ha, enough said.

All in all I like it - videos soon, RE deal progress, and PROFITABLE. Huge for me, huge. Furthermore, she sounds way hot on the phone.