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Re: arnold post# 21577

Monday, 08/01/2005 7:24:10 PM

Monday, August 01, 2005 7:24:10 PM

Post# of 64738
With our highly experienced CFO, it is best that we have had no debt ... LOLOL. Remember how we lost 10% of our IP over a measley quarter million? Fortunately we got that back ... of course IMHO there is a lot more involved in that than we have been told.

I'm still waiting to hear what is happening with the Taiwanese deal that was in the bag and only needed a couple of signatures. ROFL

DEBT CAN BE GOOD.

Tell me ... do you think that the reason we have not progressed any of the earlier successes to the product stage is because there hasn't been enough funding to have multi-tasking for Yen and the back-shop gang?

Oh, and with the increase in shares outstanding to ten times what they were when I became involved, doesn't that add up to a 90% reduction in my equity value? AND DOESN'T THE 250% INCREASE IN SHARES OVER THE PAST COUPLE OF YEARS EQUAL A COMPARABLE REDUCTION IN SHAREHOLDERS EQUITY INTEREST?


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