CONVERSATION WITH SCOTT GALLAGHER ON Friday, December 9, 2011, I am posting this again so everyone has a chance to see it, this was a recent phone conversation I had with Scott Gallagher and I think i got the majority of what he said in here and as accurately/quickly as I could type.
January 3rd is launch, "we say beta" because we will not market it until we have fixed all small issues. Once it is fully tested, which could be right away or a few days we will fully launch marketing campaign,
1. Employees, we have 5 at our physical location, and six outsourced, India, and are expanding on both fronts, we are activiely looking for new sales guys and in the mix of a new deal on outsourcing deal for more people, our group in india will be expanded dramatically over the next 30-60 days. The facility is VERY LARGE so there is a great deal of room
2.Share buyback is to fix capital structure, we would gladly buy shares back at .002 or .003, it all depends on cash flow, not the current PPS, we would enter sooner if it dropped in the 000s as that would be in the company's best interest, we put plan in place throughout the year to get in there and buy shares back from our cash flow IRRESPPECTIVE of price. WE are putting plan that will spend capital on a monthly basis buying back shares and retiring them throug out all next year.
3.Financials are essentially audited now, but from a third party standpoint, they will start working on numbers after Christmas, two - three weeks, we will be substantially sooner than any other OTC company. Other companies can extend reporting to almost 100 days after quarters end, we will file them within around FOURTY FIVE DAYS.
No DILUTION. PERIOD! Main guys are holding debt until at least mid january, they are looking forward to new site and potential growth from it! We will continue to pay down debt.
