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jfburk

08/30/06 11:20 AM

#39466 RE: msturgeo #39454

LOL, msturgeo, you continue to ignore reality and hang your hat only on the negatives still not answering the question as to why you are here. I answered 23Melons questions but apparently not the way you wanted.

An Investment to me is long term and I am not a penny trader or flipper like some apparently are. I went into GTE with my eyes open and if I lose money which I havent yet then it is my loss, not yoursl.

As for ignoring me, that is your option but from what I can see you offer nothing and are here either for attention or as a paid basher of the company. Financials mean nothing to you. What exactly do you want the longs on this board to do at this time? Keep complaining and showing us exactly who you are.

With action comes reaction especially from those on this thread that offer nothing other than negatives. You want Huff to go? This isnt the place for that. Go to the BOD and get heard. Huff made a commitment in April yet you dont have the patience to allow him to either achieve or fail in that commitment. I see you for who you are.
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nerd86

08/30/06 4:20 PM

#39583 RE: msturgeo #39454

msturgeo from the Aug 6 2004 letter to shareholders.
Financial Goals - As I mentioned in past releases, we expected our first and second quarter growth in revenue to be flat as we focus our efforts and attention to developing, launching and supporting the new product initiatives of the company.

This doesn't mean that we have forgotten carrier sales. Late in the second quarter we started our relationship with a well established carrier group, Carrier Sales, Inc. We formed a company named Centerline Communications in which will draw from both parties' strengths. This initiative is already producing results as we expected.

Our carrier sales will grow significantly in the third quarter and be in full swing by the end of the fourth quarter 2004. Our fourth quarter revenue will grow to approximately $4M to $5M per month, which equates to a $48M to $60M annual run rate. The end of the first half of 2005 should see us grow to a $100M annual run rate.

The goal is to be a $250M company in 2006. Remember that these are goals, and we will devote all of our efforts to achieve them. As such, I will try to give our shareholders the most reasonable forward-looking picture possible.

It seems the three years began in 2004.