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Re: lmorovan post# 7884

Wednesday, 02/01/2006 8:20:29 PM

Wednesday, February 01, 2006 8:20:29 PM

Post# of 45771
" I understand that 3 million of the preferred stock was converted in Class A common stock at the time of the last shareholders meeting in 2004, to increase the employee stock option shares from 7 million to 10 million."

Ahhh yes, wasn't that so the "big four" can get there self-awarded severance packages when they step down?

I wonder if WP and MP and MM have already received theirs?

My gawd how these people have bled the company dry!!! And what have they accomplished after 5 years and 20 million?

One product with Beta units in the field awaiting final engineering?

Hey Nasfan (smartypants), do you think the assembly line is ready for volume production like you claimed TWO years ago? Geewiz it also looks like final engineering has NOT been completed yet like you insisted it was TWO YEARS? LOL!!!!

And ICCDP didn't think Nasfan was hyping the stock, how could a "professional engineer" be so wrong about engineering if he was not.



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