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ShysterChaser

06/08/05 10:12 AM

#35542 RE: cosmoworld7 #35540

Mr. Board Monitor:

Are you bored or just trying to provoke something?

Regarding the latest toxic financing package, why are you only looking at the defiled, Safe-Harbored press release when you know how deceptive that pronouncement is?

If you read the filing in the 8K you will discover the schedule for the disbursing of the funds from the floorless debentures.

Da Boyz proclaim one thing in the PR but actually state something else in their SEC filings. They give you a choice, or so it seems. Pablum and coolaid for the sycophants in the PRs and more information for the realists in their SEC filings.

As Dave recently indicated, how do you fund R&D for etherware when the monies are commited to be spent elsewhere leaving little or no monies for tech development?
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zzt1234

06/08/05 11:39 AM

#35547 RE: cosmoworld7 #35540

The point is that they dont have financing for the tech. They have financing to keep the doors open, pay their salaries, pay their bonuses and pay their perks. How much you want to bet that ' Da Boyz ' send out 10 job applications a day trying to find other work? They know they cant keep this sweet deal going forever. They should probably contact John Howell because he seems adept at going from one of these questionable ( I'm being kind using the word ' questionable ' ) companies to another.
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Hound

06/08/05 1:36 PM

#35549 RE: cosmoworld7 #35540

And 7% debentures are almost at the prime rate with warrants to puchase shares of stock - warrants are not free shares and must be purchased resulting in potentially more funds for tech development in my opinion.

OK now everyone bash away...