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excel

06/15/07 10:45 AM

#60484 RE: McCloud #60483

Ernie. Copy of PR below from 10 months ago

September 11, 2006

Rim Semiconductor ANNOUNCES PROGRAM FOR EVALUATION OF PRODUCT BY EMBARQtm
PORTLAND, OR: September 11, 2006: Rim Semiconductor Company (OTCBB: RSMI) today announced that it has entered into a license agreement with Embarq Corporation (NYSE: EQ). As part of that agreement, the companies have initiated a technical cooperation program that will evaluate potential application of Rim Semiconductor’s integrated circuits in Embarq’s data network. Both companies will work with Embarq’s suppliers to develop prototype network elements like digital subscriber line access multiplexers and consumer modems that utilize the Rim Semiconductor chipset. If such prototypes are developed and subsequent lab evaluations are deemed successful, Embarq will conduct a field trial of the Rim Semiconductor family of transport processors and share its observations from the trial with its equipment suppliers.




Ernie says..........
I believe field trials are imminent or maybe already begun. They are or will be kept under wraps for obvious reasons. As for the extended time it is taking, Rim is doing this on a shoestring and having to raise money on a shoestring.



Here we go again with the excuses!
The above PR states if their tech works they'd be going forward.

Guess what Ernie?
10 months LATER ZIP is heard.

If they had a sucessful test Ray/Brad would have had multible PR's out about it. Ray would be on Craigslist talking about it.

Stop with the excuses about money.

Your boy Brad said no more excuses about money.
Remember that? Oh my!

How soon we forget the BS that comes from him.
Money be no problem he said in presidents letter yet the filing states it's a HUGE problem!

Reality. Learn to deal with it!


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ophelia

06/15/07 12:37 PM

#60487 RE: McCloud #60483

As for the extended time it is taking, Rim is doing this on a shoestring and having to raise money on a shoestring.

How can anyone consider $78,000,000 a shoestring? What portion of the 78 million Ray and Brad chose to devote to development could be called a shoestring, but that is their choice. They are the ones starving the development process so they can pay themselves outrageous salaries. At least real thieves take the risk of being arrested or shot. These guys take the money and think they deserve applause.