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Wednesday, January 26, 2011 8:30:18 AM
I suspect Jason was concerned about talking with a blogger knowing that his words would be published and therefore handed it over to Farid.
Although I am pleased to see the update from Farid, he should have addressed the shareholders before talking. I am also pleased he came across as well as he did. This shows integrity, along with fierce determination by raising further funds to make vper a success. What more do you want to see in management?
Yes it may take a little more time than they initially expected, however what's new in any up and coming company. If the business model is essentially sound, the Tsunami will eventually come.
Just think about it. The way a Tsunami works is the water is gradually removed from the beach, (i.e. finances gradually dry up) when the Tsunami eventually comes it's huge and bigger than expected.
I like the idea of a share buy back. At current stock prices, they can do that with very little cash. They should do it before stating the Tsunami revenues being generated.
Great article Jeffrey! Keep up the good work, but Viper should do the main announcements from now on.
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