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Replies to #7514 on Research Pit
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lonestar1a1

09/29/06 3:52 PM

#7515 RE: MSGI #7514

The are finishing up the beta. They have met with a number of companies who want to sign up. It will work like Google. They will get revenue for each click...depends on product. They already have quite a few signed up. Guy who was with MSFT for 14 years went with them and is getting a lot of biz via his past contacts. Also CEO won an award (PR) today I think for product. They have had two private placements, one just recently. Those investors are very excited about the company. 30 Million in the float; rest is O/S for options, etc. There will be a chance to use it for everyone first of year so you can see how it works. They expect from $50-60 mil. in revs. in first year of the up and running operation.