Dear Duck:
Since you so strongly believe that your money (I assume that you have been truthful in asserting that you are a shareholder) is “dead money” for months to come, would it not be best for you to take a break from monitoring “dead” activity for a while? Don’t you have anything better to do than to type message after message reasserting the same points?
Now, answering your question posted to Sting:
1. Kiosks. I have not seen any kiosks in my area. Do you have some in your neck of the woods? If so, do the CDs they produce come with copy protection? If so, which copy protection? Unless I hear otherwise from the company, I assume that they are working on the issue and that we will updated when there is any additional news. In the meantime, if you have information on this issue please enlighten the board.
2. The last I heard about CSN, II2 advised that he had spoken with them and that they were planning to manufacture the CDs. II2, if you have followed up with CSN, please let the board know so that everyone is current on the happenings. Duck, have you seen the CSN CDs out in the stores yet? Are they protected? Please let the board know any information that you have on the issue.
3. Anything above 50 million (for the year) and I will be happy. I have however not heard from the company regarding any updated figures. Frankly, I thought that their estimate was a little high given the slow speed with which matters were progressing. I think that the figures for the year can be better estimated when the numbers for the third quarter are out. If you have an idea as to what the numbers will be, please let the board know. I am sure that most everyone will be happy to hear your views on the issue.
4. As mentioned in the last company PR, the audit is being reviewed. Granted, I would have liked to know the identity of the entity that was reviewing the audit. Is it being reviewed by the individuals who prepared it? By an independent auditor? By the entity providing the fairness opinion? I am sure we will receive additional news on this shortly. Please let the board know if you any information on this.
Any more questions?
Lastly, I think that the reason some on this board have a problem with your posts, is that you assume the worst when there is a lack of information on a particular topic. You claim that such assumptions are necessary given the track record of the company. While I will concede that the track record of the company is not great, you have to agree that based on information available, SCMI’s copy protection is the one used most in the US. We have contracts with numerous record labels and most importantly, verifiable income (gross not net).
Where will this baby take us? I don’t think that you know any more than any one else on this board.
Joe.
