dave501 - Ive been watching your discussion with Laker about O/S & A/S being about the same (BWDI), and it being a good thing for the stock.
While I think that bodes well for PPS, I am in agreement that it doesn't leave much room for Company growth to finance ongoing operations.
I'm not smart enough to figure out all the S-8's, etc...However, isn't this a problem if they have no A/S to dip into - From the 10Q...?
Overview
The Company derives its revenue from monthly and in some cases annual fees for wireless broadband internet services. During the three months ended December 31, 2004, the Company made one acquisition that increased the customer and revenue base of the Company. The Company also focused its business efforts on expanding its wireless broadband network. The Company continued focused on raising capital through private and public placements of it preferred and common stock essential to providing the capital to expand its wireless broadband network and servicing its debt.
Especially since there is a net loss for 04 of $726K???
Anyone have ANY thoughts?
I own a few hundred thousand shares @ .017 approx.
Dave
