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Re: Splash59 post# 8593

Monday, 11/14/2011 12:47:12 PM

Monday, November 14, 2011 12:47:12 PM

Post# of 8789
Splash59: one item that has be concerned is the OmniBody and its cost. i have asked for months the status and have got nothing. i personally believe they do not know the true cost to our company.

i sure hope its not dead but coming back very soon. there are now many others out there with the same system.

its the software that is more information than the system. the cost here could effect our financials on paper.

i still think we are cash flow positive but i am not so sure on a tax basis we are profitable before income taxes.

we still carry a large carryover loss from previous years.

we also have a large reserve for Doc's salary which he has not taken for many years. i do appreciate that from the Doc.

it helps me to at least know the Doc still wants this on going and make something out of our company. otherwise, Doc would have taken the money and run. he did not.

now its Pat turn to get it done. i have 12 years of CFO experience with a top 5 company in the world (retired at ago 49 many years ago). i now how hard it is for many small companies to get thinks going. in our case its a little toooooo long to get it going.

that is were Pat has the chance to put us right. we should know again if its the same business or a new start by years end in my opinion.

old man - again, behind Doc, i am the largest individual that owns shares.

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