Replies to post #23810 on One Voice Technologies, Inc. (fka OVOE)

[SteveP]

Omehay, Onev's burn rate is around 500K per-month. The other lenders have not been cashing in warrants, so that loan will only last ONEV around 3 or 4 months. The same talk has been said about their other loan agreements and here we are waiting for another. We can't assume that ONEV will hit break-even anytime SOON, unless MTNL or Telmex START paying ONEV 500K per-month. Some thought that Telnor would be enough "for break-even" and you can't assume anything until ONEV gets paid. Also, If ONEV wants to expand the company, their cash requirments will increase. That would include hiring, marketing and so on...........