mPhase Technologies Inc (XDSL)

[drkazmd65]

Those who follow at all what I have been saying here since I got in in a small way in 2009 will remember that I have been saying for about 2-3 years that expected things to resolve here in 2-3 years.

I was never quite certain whether that would be a positive or negative resolution - just that sometime during 2011-2012 we would know whether we had a complete dog of a stock, or a potential winner.

I bought in my first shares during Autumn of 2009,... have added with some regularity over those years, and have not yet sold a share. I do not hold vast numbers of shares, but I hold enough bought in at a low enough entry level to do quite nicely if we pay off.

If we lose it all,... I haven't bet the grocery or rent or bulk of the potential retirement money on this stock. Nobody should do that - especially on a sub-penny stock.

Even if we get to the point that we can see a light at the end of our tunnel here this Summer,... I don't think that our waiting it out is quite done unless we become somebody's buyout target. That could happen, but I don't think it is likely until sometime after a revenue generating product is made.

If we do not get a buyout offer, AND our managment attempts to work up XDSL as a viable independent R&D company, I still fully expect some sort of reverse split on our stock. I just don't see it being possible to have this company develop, potentially get uplisted onto an exchange like NASDAQ or AMEX, and have a stable trading shareprice unless we can get the company down from the 3 Billion shares to a few hundred million shares (or less). I don't see this proposition as a complete negative though IF we are actually starting to generate revenue through partnerships with product producers, liscencing of patents, or more.

Our future here is uncertain. But it is far from hopeless, and I have my usual guarded optimism about where we can go. The day I lose that optimism,... is the day I sell for what I can get and move on.