Thursday, October 10, 2002 8:38:07 AM
As taken from the 10KSB
"As of June 30, 2002, we have approximately 300,000 recurring "dial-around" customers and approximately 2,000 "1+ billing" customers."
It looks like from reading the report that 300K number could represent 300,000 people who just used the service once. While to 2K number represents people who actually switched and use it all the time.
http://www.secinfo.com/dV5Ff.3bpb.htm#1stPage
I like this part:
"On December 21, 2000, in connection with Charles Zwebner's employment agreement, we entered into a Stock Option Agreement with Charles Zwebner. Under this Stock Option Agreement, our Company granted Mr. Zwebner the option (the "Option") to purchase up to 1,284,000 shares of our common stock (the "Option Shares") at an exercise price of $1.558 per share. The Option expires on December 31, 2003. The Option is exercisable solely upon the occurrence of any of the following events: (i) the sale of all or substantially all of the assets of the Company; or (ii) an initial public offering of an equity security by the Company under the Securities Act of 1933, as amended.
The best weapon against "fear" is "facts"!!
"As of June 30, 2002, we have approximately 300,000 recurring "dial-around" customers and approximately 2,000 "1+ billing" customers."
It looks like from reading the report that 300K number could represent 300,000 people who just used the service once. While to 2K number represents people who actually switched and use it all the time.
http://www.secinfo.com/dV5Ff.3bpb.htm#1stPage
I like this part:
"On December 21, 2000, in connection with Charles Zwebner's employment agreement, we entered into a Stock Option Agreement with Charles Zwebner. Under this Stock Option Agreement, our Company granted Mr. Zwebner the option (the "Option") to purchase up to 1,284,000 shares of our common stock (the "Option Shares") at an exercise price of $1.558 per share. The Option expires on December 31, 2003. The Option is exercisable solely upon the occurrence of any of the following events: (i) the sale of all or substantially all of the assets of the Company; or (ii) an initial public offering of an equity security by the Company under the Securities Act of 1933, as amended.
The best weapon against "fear" is "facts"!!
The best weapon against "fear" is "facts"!!
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