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truethat

10/20/11 1:56 PM

#2543 RE: Mobile1230 #2542

Wow, good find. I agree. They need to get in the profit mode some how, but don't see how that is going to happen in the near future.

longvper

10/20/11 3:36 PM

#2544 RE: Mobile1230 #2542

In 2008, they had $6.9 million in computer expenses.

I have assumed that these were investments in the voip infrasture for BSNL.

In one press release Farid said he was personally involved in making this work correctly.

I like the fact that his family's money, his money and the other key employees money is on the line and they continue to pursue the effort. Without that, I would be out of here.

I am disappointed with the reported results, especially if they include foreign operations, which they might not.

Hopefully we are in for a pleasant surprise, and they report continued $300,000 monthly out of the Saudi sub and progress with BSNL.

I can't imagine the office complex would have negotiated a deal based upon these reported numbers.

I guess there is still hope.