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Thursday, January 05, 2006 12:54:26 PM
As for my statement that new partners are in essence financial in nature, does not mean they are a violation of SEC rules. Theres a difference between forward looking statements, and MATERIAL STATEMENTS even though MATERIAL STATEMENTS OR PRESS RELEASES are inherently financial. They are allowed to release those partnership agreements, even though the investment world understands that those agreements should lead to future revenue growth. However if they said something like...."this will increase our revenue by 10 million dollars annually" or phrases similiar to that then it would be a violation. Just releasing the agreement however is not a violation.
However, you and I and every investor knows that the more sales partners you have, the more revenue that will lead to.
Matter of fact the release of the MOBOT acquisition was far more closer to a violation then the announcement of new partners. And even the MOBOT announcement as far as I know didnt cross the threshhold of being a violation and that was an acquisition, not a partner.
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