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locksflooring

06/15/10 6:39 PM

#32608 RE: Dew #32607

Answers from Matt Schissler With this new program it seems that CBAI is now also going for the storage of the general public as well as from the insurance siide of the coin. Will there be more effort on obtaining storage and revenue from the general public who don't carry any of the insurance companies we deal with

ANS: 100% correct. this is a ne...w market, but in order to go after them we need to be different, WAY different that the 30 competitors, or we would waste our money. If this works, it will be a game changer for the industry (think about cell phones). if it doesn't work, well, no real loss from what we are doing.-----------------------------------------------------------------------------------Hello Mr. Schissler.I realize that it has only been a very short period time since the annoucement of the "Afford a Cord" program, but what has the intial impact or reaction of the potential clients calling in to inquire about the companies services? Is this a no brainer lock into the company?
Without any SEC impacts ca...n you share the number of clients that this program has brought to the company and/or can you regularly share the statistics of the new clients regardless of the type of payment program?Thanks - Dave

ANS: Dave, it just launched yesterday. No data yet. That said, not because of the SEC, but because of competitors, I will keep it quiet as long as I can. I know investors want to know, but so do competitors. it's one that lots of people are watching.