InvestorsHub Logo
icon url

walterc

03/15/13 9:45 AM

#3569 RE: redspinelpinktopaz #3568

Incorrect imo

They are going to develop the modulator together but the proceeds are for LWLG. EM is paid for their efforts;
I think it is a first step to potential further integration.

The nexy CC will certainly explain the details on this deal and hopefully on some further business developments.
icon url

walterc

03/15/13 9:45 AM

#3570 RE: redspinelpinktopaz #3568

Incorrect imo

They are going to develop the modulator together but the proceeds are for LWLG. EM is paid for their efforts;
I think it is a first step to potential further integration.

The nexy CC will certainly explain the details on this deal and hopefully on some further business developments.
icon url

F2

03/15/13 9:49 AM

#3571 RE: redspinelpinktopaz #3568

Sure ... we didn't develop the modulator on our own because we had MATERIAL ISSUES.

I know it sounds like I am screaming, and yes, I am. We could do nothing without the material getting fixed. So we can look back on past promises (or in that case hopeful prognostications, revenue projections, etc... they can all be blamed on material issues. Those have now been fixed and we trade at 1.27. This will enable us to fly now ... it's just taken 2 years off the clock.

I just don't think there will be any fruit found in looking back, seeing what was promised and not delivered, etc. Quite frankly, I don't believe management thought it would take this long and be this difficult a road, but we are there now. Finally.

But yes, all those things that were promised, had to be thrown out the window until the material could get to where it needed to be.

Hang in there longs,

F2
icon url

oddone33320

03/15/13 9:51 AM

#3572 RE: redspinelpinktopaz #3568

I think whatever you are looking at is outdated at this point. We should be getting a new 10-K sometime within the next few weeks which may or may not contain new time frames for the telecom modulator.