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ElderWolf

07/02/03 12:20 AM

#13376 RE: ElderWolf #13375

I just want to reiterate something...

Brad and company are making WAY too much money. Brad, I know you read this board... You need to either take a major salary cut OR go find yourself another job. It really is that simple. This is getting to be ridiculous. All I can say is you had better have something really really good up your sleeve.


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cosmoworld7

07/02/03 9:06 AM

#13383 RE: ElderWolf #13375

EW: you make some good points, and thats why some "doubt" if the technology is all that exceptional if nobody is willing to fund it.
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dcs31

07/02/03 9:26 AM

#13385 RE: ElderWolf #13375

I hear you Elder

It's been a long haul, But we are now closer than ever. As I like to say sooooon is imminent.



A few exerpts from Brad's letter to shareholders:

"I am now more confident that when we go to market with our strong technology, we will also have the strong finances to be successful.
We are working now to raise additional funds through convertible long-term debt, or an equity investment, or both. I am optimistic that one or all of these deals will close and that we will at last have achieved our financial goals.
Keep in mind that "Step Into Liquid" will open nationwide in North America in August, and that we will receive funds from its theatrical and home market releases.
So, that leads me to the final area, achieving our product goal. Embarq continues in its development, and I am pleased with its progress. Of course, while we move forward slowly, our competition is not standing still. As I reported to you with the Dispatch from Supercomm, and now reiterate, we are not aware of a semiconductor on the market today anywhere in the world that performs to the level of speed and distance that Embarq performs to in its prototype form. And, we know of no technical reason why the final form of Embarq will not equal the speeds and distances achieved in prototype form. Our next major goal is releasing the FPGA version of our prototype. I have not yet made a commitment to you of when this product will be released, but will make this commitment when I have the cash in hand to hire more engineers. As in the paragraph above, I believe that I will have this cash to work with."

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GrooveMaster

07/02/03 9:51 AM

#13386 RE: ElderWolf #13375

Elder I certainly agree that being in this stock is like watching paint dry! I agree with jjz34 that it seems that the next 2 months should bring some fruit. I do not have a doubt in my mind the movie is going to do good. I like you though want to see the tech do good as well.