IF in fact the 5 year PHILLY/HOST contract did not exist, then I would buy your argument. We are installed in PHILLY, That is as much fact as there ever was one. A reason was given for its seemingly slow execution (original content provider pulled out after the agreement was reached, HOST is holding out to ensure they are protected, and waiting to verify that "new" content provider, and system delivers as promised. As SP stated, he believes that this has been proven, and he expects PHILLY/HOST to be a done deal, I believe he said in the next 60 days from AUG 21st, 2012). India/CAMBAY contract is not the 1st contract, period. It is the first in INDIA as is stated in the PR. In my opinion that and the fact that he spoke of market growth in that region, eludes to that at least SP expects or hopes for there to be even more in the future. I would hate to believe that we went through the trouble of setting up operations there for one single 1000 room contract. "Why doesn't he disclose the details of the contract?" I don't know, does APPLE disclose every detail of their contracts? I don't think so? So you declare him guilty until proven innocent. GUILTY OF WHAT EXACTLY? WHAT "FRAUD" HAS SP COMMITTED? I am trying to listen to your reasoning, but your logic (in my opinion) is clouded by heavy, very heavy speculation. You may very well live by the Missouri Motto, "Show Me", BUT I point out that just because he doesn't show you everything you would like to see, does not make your speculation any more or less factual. Try this motto, "IT IS, WHAT IT IS". Think of it as a roulette wheel in a casino, even though the odds are stacked against us, the wheel is turning, the ball is in motion, bets are on the table, and the ball is starting to bounce around. The dealer has announced NO MORE BETS, the ball is going to come to rest and some will win, most will loose, that is the nature of the game. But it is the nature of the game. If the casino is cheating, make the facts known, but just because I ain't winning doesn't mean that the Casino cheated. Just because you declare SP guilty, doesn't make it so. I could declare that everyone that badmouths SP is a "SPY" for LNET. I could cook up a bunch of speculative theory and proclaim it throughout IHUB, but it doesn't make it true, and it doesn't prove anything.
I fear that my discussion here will be read into more than I intend, I hope that you don't see this as a personal attack. The bottom line, this PPS is in the gutter, Almost everyone here is in the red, most have written that loss off until things improve, and others here seem to be re-living daily, the burden of that loss whatever that amount might be. The way I choose to look at it, I have already lost everything I have contributed. It hit the very bottom last week. Wherever it ends up from here is anyones guess, but IF it comes back, That is a bonus, I hadn't counted on, whether I own 108 million shares of $10 company or a $10 Million Company, They can't take my shares, those are mine wherever that value falls. Sure they can RS and re-dilute, I understand that, and I wouldn't like it much, but I can't loose anymore money unless I choose to feed the COBRA more. I would drive myself crazy trying to relive loosing the amount of money i have put into this on a daily basis.
In the end, WE may have just bought a bunch of snake oil. But the install at PHILLY has proven that the product works, the financials show that it can generate revenue, SP has proven he can deliver contracts (maybe not to everyones liking, but contracts none the less), NOW we need to make it all work together, and find the correct marketing mix to capitalize on our product.
Again, WHAT IS SP GUILTY OF? FACTS PLEASE?
