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Tuesday, April 20, 2010 4:25:01 PM
We spoke for about 10 minutes. First of all he's a very nice and genuine guy from what I could tell. He was quite candid with me and I asked him about a number of items...
The current share structure...He didn't know for sure and said that the T/A has been inundated with calls so they aren't supplying any float numbers to the general public. He went on to say they haven't been very helpful to him either...So there has been some contact by his people to get information about the share structure is how I read this.
Mr. Glynn also said that he's been receiving calls from an investment capital group that told him they've been buying up the float of SSWC for several days now and are intersted in Kenergy Development Corp. Now what that means according to him, is that if he wanted to take them public this would be an option...But he did not say this was going to happen.
I asked about any filings pending...And he said there wasn't anything he could legally share but that everyone would know if he began to get things in line with the SEC since the filings are public domain. He said that then mentioned that people in Washington have told him not to disclose anything ongoing...But he didn't say anything was ongoing in terms of filings when I pressed him a little bit...
He was signed over as CEO of SpeechSwitch when Mr. Knef resigned back in 2008. He mentioned that if he converted his shares over or something to that effect he would own about 60-70% of the company. He actually asked me where it was trading at today!!! He went on to say that he's been receiving lots of phone calls and would hire an investor relations department if there were available funds...Which there are not at the current time.
He sounded as though he's looking for investors for Kenergy Development Corp. as he asked if I was in private capital investing. So there's no doubt he wants to acquire funds for his company...I'm just a little fish so I'll let you all chew on this for a while and interpret what you want from my notes. I'm sorry if this isn't very detailed but I was frantically trying to take notes while talking with him.
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