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Re: Charleoi post# 3078

Friday, 01/13/2006 11:08:04 AM

Friday, January 13, 2006 11:08:04 AM

Post# of 29739
Charleoi:
As to number 4 and 5)
I do believe Haulie (China) is a product that is something to be pleased with.
Also they have this product (Classified Inforfmation, Inc.) which "has an impressive customer base that includes American West Airlines (NYSE:AWA), United Parcel Service (NYSE:UPS ) and GE Capital (NYSE:GEA)."

Another decent customer/partner that seems to be of value is Redmoon which is partnered with Chevron.

As for all the coments you make about Phil issuing shares to bail Augustine Fund out - the best I understand it is Phill merely put up his equity in Vergetech to take over the company Augustine fund had done very poorly with (IPVO). Once Phil got the company on some bit of square footing and some value at all, Phil was smart enough to have arranged that Augustine fund be under a stand still agreement such that Augustine CANNOT convert the shares to take a major chuck of the new IPVO, now known as NMKT. So it appears that Phil was quite intelligent in his approach to "bailing out" the Augustine fund in that Phil got his company publicly listed, but Augustine is basically out of it because all they had possession of to give Phil in the beginnning was a shell with no value. Because of the minimal value of the shell, Phil was smart enough to make sure Augustine fund did not have the ability to come back and lay claim to any of the new value that Phil's work and equity built in the new company. Doesn't look crooked to me at all here.



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