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Balltilian

01/19/12 12:49 AM

#3582 RE: pocketchange 1 #3580

The money came from giving advertisers shares. I had seen 250k for the campaign. Some other article said they ran it to get exposure for other companies to use the device. POS.

mtngoat

01/19/12 11:37 AM

#3587 RE: pocketchange 1 #3580

As of the end of Q3, they had $1,942 in the bank.

And, if you look at the disclaimer at the bottom of the "promotional" emails from BDPS, etc, it says "to be compensated in cash from a non controlling third party", meaning POWT didn't pay for the pump.

Also, re-read the PR about the meters. It says "to deliver" and "when deployed within the next 12 months". Where in there do you see that the 50,000 were delivered? They weren't.

Unless the 160k were delivered in 4Q11, they had to have been delivered and booked 2 1/2 years ago because no revenue has been booked since then.

This ain't rocket science..

They have a P.O Box for an office.. Good news is they can pick up a pizza or a bag of burritos when the run to check to mail..lol

.02's tomorrow