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Re: Emeka post# 15633

Sunday, 11/04/2012 2:18:00 PM

Sunday, November 04, 2012 2:18:00 PM

Post# of 20441
Don't base anything off the 2011 revenue. I can't remember, but it's minimal at best. Potential is the word here, but not like the potential common in pennyland. Go to Ants website and read the old blog, going back a few years. Search Ants in combination with IBM, Sybase and others. It will soon become clear that this was/is a very real product. What happened? Well, as the ACS started making it's way into the marketplace, shareholders became aware that something wasn't right. Companies were signing on with the product in small implementations and test runs, but we heard of some software issues that needed attention. Then....silence. Late in that game there was a press release that Southern California Edison was using the product(and Frank says they still are, but we are receiving no revenue) but then again...silence, until it became apparent that Ants(cash strapped) was trying to sell itself. Thank heavens that didn't go through, and next in steps Frank who apparently had previously gone on a few sales calls with Joe at the behest of a personal friend. The way Frank tells it, there was finger pointing between Ants and IBM in regards to the problems, and you don't do that with IBM. Frank wasn't there, he is getting this from people who were. Well this type of problem is right up Franks alley(check his resume), and he re-designs the ACS, designated the AAA, that so far(the working version is not yet complete) has ignited no small amount of interest as well as convinced a very successful database salesman to sign on. This story is far from over.

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