![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, July 28, 2005 12:07:24 AM
"Everything is on track. We expect to have units delivered by late August as planned. They are testing both the GSM and Microburst box as we speak and we expect to receive live test units by the first week of August. The back end is 75% complete and we continue to have weekly meetings with the software engineers to stay on top of the developments.
With the addition of John Pappas, our new Executive VP of Business Development, we have been extremely busy with a multitude of deals ranging from enterprise accounts to nationwide retailers who will integrate our product into their distribution channels. You are going to see an enormous shift in the direction as it relates to microburst vs GSM. Companies who primarily sell microburst (Aircept) and others are scrambling to stay in front of the curve. The paradigm shift in the industry is headed toward EGPRS (GSM). Because of this, we plan to aggressively market our GSM box and its capabilities both domestically and internationally. I could talk all day on why this unit so extraordinary but that will come shortly as we move closer to the launch date. A side note on the unit: It will do over the air programming and reconfiguration as well as have the ability to do full voice transmission. You can imagine the possibilities this opens up for us.
We’re on track with our 1,000 unit a month forecast. In fact that number for us is a baseline based on a 3 month rolling average. By no means is that what we are shooting for. It’s our minimum internally."
"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."
Recent CAFI News
- Fifty 1 Labs, Inc. and All-In-Extracts Announce Joint Venture to Develop and Release New Testosterone Boosting Supplement • InvestorsHub NewsWire • 08/05/2024 12:30:00 PM
- Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • InvestorsHub NewsWire • 06/18/2024 12:45:00 PM
- Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • InvestorsHub NewsWire • 06/13/2024 12:45:00 PM
- Revolutionizing Wellness: Consumer Automotive Finance, Inc. Unveils Groundbreaking Mushroom Immune Booster and More in Exciting Supplement Expansion • InvestorsHub NewsWire • 11/14/2023 02:00:00 PM
- Consumer Automotive Finance, Inc. Announces Cancellation of 70,000,000 Common Shares • InvestorsHub NewsWire • 10/31/2023 01:00:00 PM
- Consumer Automotive Finance, Inc. Announces the Expansion of its Corporate Office to 11,000 Sq Ft to Accommodate Growth from its Subsidiaries • InvestorsHub NewsWire • 10/24/2023 01:00:00 PM
- Consumer Automotive Finance, Inc. Announces the Launch of its New Line of Sports Nutrition Products under its 51 Brand • InvestorsHub NewsWire • 10/11/2023 01:00:00 PM
- Consumer Automotive Finance, Inc. Announces New State-of-the-Art Corporate Headquarters, Accelerating Expansion into Sports and Nutrition Industry • InvestorsHub NewsWire • 08/22/2023 01:00:00 PM
HealthLynked Corp. Announces Second Quarter and First Half 2024 Results: Continued Cost Reductions Set the Stage for Strategic Shift to App-Based Technology Services • HLYK • Aug 16, 2024 8:00 AM
PickleJar Announces Official Name Change and New Ticker Symbol • NREG • Aug 15, 2024 2:23 PM
VAYK's Q2 Profit Added to Accumulated Net Profit of Over $2.2 Million In 18 Months • VAYK • Aug 15, 2024 9:07 AM
Swifty Global Reports Strong Q2 Performance and Prepares for Major Exchange Uplisting • DRCR • Aug 15, 2024 9:04 AM
Mayback's Global Entertainment Signs Global Distribution Agreement with Children's Media Studio • AHRO • Aug 15, 2024 8:45 AM
POET Technologies Reports Second Quarter 2024 Financial Results • POET • Aug 15, 2024 8:04 AM