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Skribe

06/12/12 11:47 PM

#29401 RE: nobody12378 #29398

But from a perspective of 2 to 3 years back to the current 2.3 bgpy licensed and now holding 6 patents,
with their licensees and a solid revenue stream set in place, that with some good shaved heads they could operate the ship at a profit? Or with the YA debt is it still a pipe dream?
So then if so, with non profitable quarters, untill we get new non dilutive financing and or a big settlement, we should expect much more dilution and devaluation of our investments. Is that reality? Only $3 million revenue in the 1st Qtr? That's not enough it seems. Is that all 2.3 bgpy yields? I think the price of oil is down because the market is saturated with infringer oil. They're running the clock and the commoners are bleeding. I hope the judge is really Batman in disguise. We need some justice here, the swifter the better.
These infringers are annoying already, from an overview this trial should be over already, justice served with infringers shut down or licensed and a settlement paid out.
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jimmowrey

06/13/12 9:14 AM

#29408 RE: nobody12378 #29398

The more I think about the company's "passionate pursuit" for financing, the more I think that they must not be intentionally hiding revenue. The best way to obtain financing is to show growth in revenue quarter over quarter.



BUT, new financing could occur at any time -- it appears to be their passionate pursuit, but I do not know when that will happen; tomorrow or years from now. So it is better for many reasons to hold the most realistic mind set.