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jamesterry2005

05/05/11 5:50 PM

#29607 RE: plmcc #29606

I agree with you there's some reason why he "can't comment in Boingo." The more time goes by and what he tells me I think more of a buy-out. There is so many other ways he could have said it different; look like their doing good, I have not look in to them just been to busy, and there's more other ways he could have said it.

There's some reason he used the wording?

CAN'T COMMENT ON BOINGO

The only reason he can't comment is if there is a deal going on.$$$$$

wiinvestor

05/05/11 9:20 PM

#29614 RE: plmcc #29606

He cant comment because of the SEC whether he has something or not with Boingo. I asked him about any further developments with mergers in general and George stated he could not say either way. You mentioned 4 things "George is working on" only one has been documented that is #1 and they are still not up-to-date as stated would be in a PR by end of first quarter. THAT A 25% SUCCESS RATE. Remember, PR stated once the past financials are complete, recent financials i.e. 09, 10 would be easier. Now PR is stating 09, 10 taking "longer than anticipated"

Also, people are stating they have to get financials in order before acquisitions and that makes sense. BUT PR/George stated WISP acquisition would occur rather quickly because of the familiarity with the company and acquisition would occur by end of DEC 10.

CAN YOU EXPLAIN HOW THIS IS COMFORTING TO US INVESTORS, SINCE YOU ARE "KEEPIN DA FAITH"?