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LH1

07/12/07 12:14 PM

#79330 RE: HotStocks1 #79327

thanks for posting that! good information...
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fonzzz

07/12/07 2:43 PM

#79406 RE: HotStocks1 #79327

I'm not making anything up. But I should correct some things:

1) it seems that desimplex has indeed received 10K in Q1 for expenses.

2) It seems that this is indeed in the Q1 report. Only the 5.4 million is not clear why it is booked.

3) the statement: PNMS has purchased 20% is false. It seems that the deal is going to be off (unless they start paying) and they have not received any percentage of desimplex yet.

4) The deal was indeed verbal. In my opinion that is a mistake on the behalf of desimplex of course. However, the verbal promises were never implemented.

5) one poster(snickerke) has confirmed the story. ( I knew he had the same info), but another one (PEC) apperantly got confirmation by calling desimplex.

6) I don't know the history of the PR: they probably agreed on a joint PR back when everything seemed fine.

If you think this is made up: go ahead and buy some more, they're really cheap right now...