InvestorsHub Logo
icon url

plaintif2000

09/08/05 5:19 PM

#17714 RE: wampuscat #17701

Just imagine what was going through Leon's mind 9 yeas ago
when he took his hard earned money, quit MOT and forged out on
his own...

1.) he decided to start a company that would make phones (that
is license technology to phone builders amounted to making the
phones since no one initialy would have phones capible of
using the technology)

2.) worrying whether anyone would ever have a network would
support such a technology

3.) struggling w/ the fact that in all likelihood he would not
be in control of the manufacture of the phones as he was not
in a position of starting a company like flextronics

4.) struggling w/t the fact that if no one ever decided to
build networks that would support such phones, all his work
would be for nothing

since those early days CLYW's had its ups and downs but i do
beleive that the phones work, that networks are becoming
"ASNAP-like" compliant, and that because of these two factors
that purchase orders are coming

p2k
icon url

trueMagoo

09/08/05 6:52 PM

#17725 RE: wampuscat #17701

This is not unusual..?? Neither is lying to the stockholders again and again apparently.
What happened to the China Telecom scam, the Franc Telecom scam, and the C.G.E. Distributors Corp. Scam, and now it's the RV Tech scam! Believe what you want but scam me once shame on you, scam me twice shame on me, scam me three times and shame, shame, shame on me for being such a naive dolt!


2005 10-K
"To date the Company has not generated any revenue related to the sale of the Company's products, however the Company entered into a distribution agreement with Franc Telecom, LTD." (05/06/2005)

"The Company requires approximately 7 million to complete the manufacturing process and begin shipment of the products." (05/06/2005)

"The Company expects to begin shipping its products during the fourth quarter of 2005." (05/06/2005)


2004 10-K

"We generated $395,867 of revenues during the year ended December 31, 200[3]." (04/19/2004)

"The Company needs an additional $5 million to complete the process and begin shipment of the products." (04/19/2004)

"The Company expects to begin shipping of its products during the third or fourth quarter of 2004." (04/19/2004)

"The Company signed a one-year $5.2 million contract with C.G.E. Distributors Corp. to deliver its smart real-time two way video conferencing cellular phones, WLAN Access Point and networks software products." (04/19/2004)



2003 10-K

"The Company needs an additional $5-7 million to complete the process and began shipment of the products." (07/02/2003)

"The Company expects to begin shipping of its products during the fourth quarter of 2003." (07/02/2003)

"The Company signed a three-year $500 million contract with a major telecommunication carrier (China Telecom) to deliver its smart real-time video cellular phones..." (07/02/2003)