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clobal

02/08/08 11:56 PM

#44331 RE: mullimatt #44329

Mullu..because like you said...

you have to have rosy glasses on to not see these things
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MuchCompensation

02/08/08 11:58 PM

#44332 RE: mullimatt #44329

In the spirit of fairness, XXIS was supposed to launch earlier, and although they haven't employed a public launch and utilized "SWARM". Can you explain why they have already paid Spooz 80K?

Just a question.

MC
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moneynmetals

02/09/08 2:16 PM

#44391 RE: mullimatt #44329

"What all of you 'rosy' folks are missing is the fact that dilution would have been completely avoided had SPZI been paid by XXIS like we were promised.

Agreed.

"That money would have covered new employee wages, the audit, and the uplisting..."

Again, I agree, or at least a large part of it would have been covered.

"Why is it only myself and a few others on this board that see a problem with this?"

It's up to each investor as to what they believe.

"We have been lied to (i.e. $500K XXIS payment for Q4)"

No, it can't be called a lie, simply because XXIS didn't have the COH to make the payment. It's called a partial payment, nothing more.

JMO
MNM
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jerseyboy

02/09/08 3:43 PM

#44401 RE: mullimatt #44329

No one is lying to anyone. Paul was overoptimistic, and the payment schedule didn't proceed as he thought it would. Both companies are doing their best to develop their businesses. It's been harder and fraught with more obstacles than either probably anticipated, yet they are making recent and demonstrable progress. We're not going to get rich overnight here. We are very likely to make a good return on our money if we are patient, as they have viable, marketable products, a good business plan, and bright people on board with which to expand the company. Don't get me wrong; it hasn't been pretty. It's regrettable that the average cost of my over 4 million shares is $.0089, but that was a bad timing call on my part. I still don't think I'm wrong about the eventual direction and development of the business, and I'm holding.