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11/12/08 3:27 PM

#172752 RE: Ispro #172750

ispro....I understand what you are saying. The problem I have with some of the posts is that they are imagining every company that comes out with a PR as an immediate threat to our survival. The biggest threat to us is not from competition...but rather the ability to raise funds to get us to the break even point. So far...the company has been able to do mini placements to pay the bills. This is NOT the way I and others would have chosen to rectify this issue. I and others mentioned this point numerous times to management during the last shareholders meeting. We highly suggested that they bite the bullet and do a massive placement at whatever price they could get and get this issue once and for all behind us. Obviously....nobody listened...they heard...but they did not listen. I am pleased that they are finally taking measures to cut back on their expenses. They need to either sell WaveXpress or mothball the division. NO MORE SCIENCE PROJECTS! They have to do everything to protect the core....and I DO SINCERELY BELIEVE THAT THEY NOW UNDERSTAND THIS POINT AND ARE TAKING THE APPROPRIATE STEPS.

For anyone to think for one nano-second that we are being DISPLACED by anyone in regards to DELL/INTEL/ACER/SEAGATE/TOSHIBA....is pure nonsence...IMHO

Sincerely,

Jas