Let me start off by saying I like Jeff Ronaldi's background but he needs to get to toastmasters. I think Bzdick is just bad. Alas, information is key and I'll just take the delivery as is. Here is what I thought was important:
1. J.R. remarked right during presentation (big whiff) that the amount required for merger was wrong on the slide and was now $6.2M vs $7.2M. May not seem like much but that is an event worth noting nonetheless.
2. Virtual Agility product compliments the authentiguard line. Very nice and goes along with the stated goal of creating "operational income".
3. Major companies have approached LTG in regards to monetizing their assets. Once again another potential revenue stream.
4. He stated (I am rounding) That LTG was bringing $6.2M Cash, They did an earlier private placement to DSS of $3M and then the current settlements and in return they are receiving $20M in stock.
5. Someone asked who was authetiguard's main competition. Bdzick stated that there were no competitors and they are first to market and that the only thing on the market today is some type of suite/package that isn't close to capability of their product.
The rest was the same as California presentation. I did think my fellow NY'rs (Although I now live with an ocean view) were pretty tough on question part which I liked. It wasn't a Red Chip type of Q&A.
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