Thanks elliot,
I have a great deal of $$ tied up here and have been here since March of 04. I've taken the time to meet with Jay on more than one occassion and can only say that I believe strongly that by alligning my interests with his that I have a chance to make very good money here if I'm patient and willing to hold (and add) through the ups and downs that come with owning an otcbb stock.
Jay is not perfect. He puts an overly optimistic spin on things he states to shareholders. I'd much prefer that he under promise and over deliver. However, the reality is that he has needed to be a salesman for the stock in order to create a market for the approximately 200M shares that were issued through the SEDA to grow the company. If he had not been able to sell "the mobilepro story" as he calls it during that 2 year period of SEDA distribution there would have been many more shares issued than 200M and our shareprice would be much lower now that it is, even after this overblown, low volume selloff from .19 to .13 over the past couple of weeks.
I think that the bulk of the $15M SEDA will be paid off using cash and not shares, just don't know what the timing of this will look like. Zgolidies, you may well be correct that it won't happen before Sept., I really can only guess. But I do know that it is the TOP priority right now for Jay and Jerry. I feel comfortable betting that they will not let the ship go down over a $15M CD. LOL.
lih
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