Written a few weeks ago by CAM in response to a few questions I asked of him.
Unfortunately I don't control the information flow, or I would have updated everyone several times during this period...even if I was just repeating myself so that you knew I was listening. The revision or modification of the business plan is well under way and I believe that the new plan will yield more serious consideration from serious lending sources.
I have not ever given a specific timetable on the StopSign issue...I believe that my actual words were "This is a process, and the steps taken reflect the willingness and desire of the Company to become "fully reporting" in the near future." I still believe this statement, but I also know that there is still a lot of work to be done and money to be spent to do it. We have installed Ted Davis as interim CFO, and that is also clearly a step taken by the board to accomplish that goal.
Respectfully,
Charles
