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Re: doughjo post# 9939

Wednesday, 03/05/2003 3:02:16 AM

Wednesday, March 05, 2003 3:02:16 AM

Post# of 78729
Dough, I disagree with you on this one.

While we are all disappointed in the present share price and the timeframe that it has taken NVEI to get where they are today, things are indeed happening at the Company with both the Technology and Entertainment Divisions. Ray has done quite a bit to get NVEI this far and I truly believe that if it weren't for his hard work and dedication to us, the Shareholders that there would be no Company today. He has done this and continues to do so in order for us not to get screwed. That is a fact. He doesn't like the share price where it is at present either.

We can all go on and complain about the present share price and timelines or we can look at where they once were, where they are now, and how NVEI got to where it is today. I'll be the first to admit that there were mistakes made by Management along the way, but that is just part of the process. Heck, you can look at any number of Companies, either OTC, NASDAQ, or whatever and there are quite a few mistakes made by those Companies (many more IMO) than those that have been made by NVEI.

When you're dealing with a disruptive Technology like NVEI's Embarq Tech., there are many factors that need to be looked at, precautions and protections taken, etc... When they are this close to the finish line, it is better to be careful than sorry, and I for one am glad they're being careful as we will reap the benefits of their labors and decisions in the future.

Another thing to remember is that at present time as far as the Technology is concerned it is being run through rigorous tests by the two equipment manufactuers that NVEI had selected to do so. With NDA's in place and the variety of tests being performed that just takes time. Unfortunately for us, we just don't know how much time the testing and reporting of the tests will take or has taken. Then for the fun part of turning it all over to the lawyers for approval/release.

Just a few thoughts,

Pengy

Ps
I am a Shareholder in NVEI for approx. 4 years which has gone to numberous NVEI-related Meetings, and has met with NVEI officials many times as well as many of the Shareholders of NVEI.




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