Or, Daryl, Loudon, all those "venture capitalists" view the company as a sure winner and invest in it as a private venture and make out like bandits, since it is such a winner. That way they don't have to try to back fit into a dirty shell with ugly debt, they start a phone company the way the others did, privately. Between the two of them they surely would have the financial resources to front up 50-60k phones, shouldn't they?