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Billiam_2

08/14/08 12:40 PM

#34541 RE: Satori-now #34538

A company's only reason for existance is to make money. The new CEO and BOD should concentrate on that, period. I would hope whoever comes onboard has a reason for taking over, a plan. Why would anybody commit to running DVFI if they didn't have an achieveable goal. Our only value here is as an empty shell. Owning DVFI would save a company alot of money as opposed to doing an IPO. If we have assets then that's a bonus. Getting the share structure under control, along with developing a business plan is of paramount importance. Half of our O/S should be canceled. They were illegally given out by the previous BOD, Lancaster et.al. Get us back down to the 400M range, do a R/S at 40:1, that gets us to 10M shares O/S. Also, lower the A/S to the same to prevent dilution. That is just the first step towards uplisting to a better exchange.
As the business begins to grow the pps will skyrocket at the new low O/S structure. Now raise the A/S and begin to sell a few shares to raise money for expansion. That is the only reason for a business to go public, to raise capital for growth. We don't need another caretaker BOD, we need a type "A" CEO who won't stop (a driven personality) until the above is achieved. We also need someone who is willing to invest time and money into a venture that has high risk/reward. I think it would be wise for some of our highest share holders (Eats, Arch, Joe) etc. to at least sit on an advisitory board and help the new board in formulating a business plan. Anything short of the above will just be another caretaker BOD with staus-Que on their minds.