If that was the case why didn't they just buy WorldGate's product, instead of dealing with PVSP? I mean let's be for real here a car is no good without fuel of some type. Also I don't remember them stating that the debt was based on the technology of the WorldGate phone? (correct me if I'm wrong) I mean networks of high quality are the desires in most cases. Look at cloud computing and/or the spectrum fighting that has been going on. You can add any product such as apps to any high quality network. That phone only has one purpose, but a new network can have thousands. I'm sure John understands that and that's why he bought PVSP's debt not Worldgate's.
PVSP has the Video Phone - Ojo Vision hardware, by WorldGate, AND PVSP has it's own, OUTSTANDING, proprietary, network services software which is being/will be focused onMobile VoIP, which is where theREVOLUTIONwill occur in the FASTEST GROWING INDUSTRY IN THE US (see article, end of post). In addition, PVSP DOES provide the ability to call 911, which is not to be confused with the MM secret code, lol...(see Skype 911 in bold below). And, on another note, the CEO, CFO and possibly (I'll have to check again) the CTO/CIO of WorldGate have all recently resigned as it appears, to me, that WGAT is heading headlong into bankruptcy. Maybe NetCapital can come in and scoop up all the pieces, Ojo Vision (videophone), at a bargain rate? WOULDN'T THAT BE THE CAT'S MEOW? lol...Meanwhile, Napster Founder John Fanning "promises" to bring additional technologies to PVSP. Valuation back up to $1,000,000,000 :)
mulaa, please, I don't believe Skype manufactures "their" video phones either. They may have made a mobile phone, at one point, not sure if that worked out for them. It's better, in my opinion, to do what one does best, software in PVSP's case, and let the hardware people do what they do best, the phones. Skype has had plenty of problems and may have a whole lot more now that the bloated Microsoft/Microhard Corp has it's hands all over it.
Skype (pronounced /'ska?p/) is a software application that allows users to make voice and video calls and chats over the Internet. Calls to other users within the Skype service are free, while calls to both traditional landline telephones and mobile phones can be made for a fee using a debit-based user account system. Skype has also become popular for its additional features which include instant messaging, file transfer, and video conferencing. Skype has 663 million registered users as of 2010.[1] The network is operated by Microsoft Skype Division, which has its headquarters in Luxembourg. Most of the development team and 44% of the overall employees of Skype are situated in the offices of Tallinn and Tartu, Estonia.[2][3]
Unlike other VoIP services, Skype is a peer-to-peer system rather than a client–server system, and makes use of background processing on computers running Skype software; the original name proposed – Sky peer-to-peer – reflects this.
Some network administrators have banned Skype on corporate,[4] government, home, and education networks,[5] citing reasons such as inappropriate usage of resources, excessive bandwidth usage,[6] and security concerns.[7]
On 10 May 2011 Microsoft Corporation agreed to acquire Skype Communications, S.à r.l for US$8.5 billion.[8] The company is to be incorporated as a division of Microsoft, and Microsoft will acquire all of the company's technologies, including Skype, with the purchase.[8]
This marked a 300% increase in value for the company in the three years since the eBay write-down in October 2007.
Read more on Skype here (I'm not sure how up to date this is but can be read as a starter course, fwiw): http://en.wikipedia.org/wiki/Skype
Skype does not provide the ability to call emergency numbers such as 911 in the United States and Canada, 999 in the United Kingdom and many other countries, 111 in New Zealand, 000 in Australia, or 112 in Europe.[15] The U.S. Federal Communications Commission (FCC) has ruled that, for the purposes of section 255 of the Telecommunications Act, Skype is not an "interconnected VoIP provider".[16] As a result, the U.S. National Emergency Number Association recommends that all VoIP users have an analog line available as a backup.[17]