As I have no idea when the rest of you will get to see the taped review, and before this gets distorted out of hand, there are a couple of things that need to be cleared up.
1). The company intended all along that the Russian Deal would be announced ONLY when the first deposit of 150 MM was in our banks, which was to be by Jan 15. They signed the contracts Dec 30. They had to tell the AMEX that they did so, and intended to file a PR of that material event on Jan 15 or whenever, the deposits were made. (They had to sign the deal BEFORE the Russian New Year 2 week holiday...btw.)
The AMEX told them they felt it was already a material event and forced GTE to disclose it immediately. Thus the conundrum, that led to Seth et. al. Otherwise, we would have never known about this deal at all.
2).EQMX...Two divisions as of the end of this month, a short 9 days, will be profitable. StratVOIP and Centerline, which we already know about.
A POINT I failed to mention, and I think Dabug, Logan, Maybegte, and Kevi were there after the meeting talking to Huff when he disclosed this tidbit, rather out of the blue. (I ask as I did not write it down and hope someone else heard the same thing and can confirm.)
More or less he said our 5 divisions were set up autonomously on purpose, so that in the future if we wanted to do an IPO on each division we could and retain 80% for shareholders and IPO the other 20%!!!
Now that is future thinking out of the box.
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