Replies to post #36545 on Aluf Holdings Inc (AHIX)

[tangerine]

It must be a lot of customers still if they are getting 200k per Q just off of added licenses. Also their cost of revenues is very small because there is no continued development. If they have 500m shares as noted. That is a 550k cap and ~800k plus in just license revenue. That is a sales for cap multiple of .5...which is silly


The lawsuit and getting the s/w updated for their large existing customer base seems to be what needs to happen.

Thus if they get the financing and get the s/w developed....(The clock is ticking there)...this becomes a 10-30 bagger....almost over night in my opinion.

[tangerine]

Why were you at the courthouse? What was she dangling?

Teresa dangled something or other in front of us at the courthouse in November about pending financing

[flipper777]

Louis Deancona was to receive about 55% of WAFr post merger, except the merger was closed much later under an amendment that gave Roger Goetz just over 50% (shares which have since been revoked with a much smaller number reissued).

Maria, do you have any more information on the revocation of Roger's shares? Were all his shares revoked? Who got them? How about the lawsuits in Minnesota where judgements were made against Roger and WAFR as codefendants? Is WAFR still responsible for paying the ammounts awarded in those cases?

[Slojab]

Good info in this post, Maria.

Think I'll sticky it.

[tangerine]

Maria, Why were you at the courthouse? What was she dangling?

Teresa dangled something or other in front of us at the courthouse in November about pending financing

[Maria56]

No idea about funding - Teresa dangled something or other in front of us at the courthouse in November about pending financing, but, two months later, nothing's happened that the public knows about.

To clarify, "dangling" was used in the statement above in the following sense: "to cause (one's expectations or hopes) to hang uncertainly or remain unresolved."
http://www.thefreedictionary.com/dangle
I believe it was Teresa's intention to cause us to have expectations; however, her phrasing was vague, hence the "something or other." We had no hopes or expectations then; I have no hopes or expectations now.

Let me be perfectly clear. There were no numbers quoted, sources identified, or documents proffered. Just a few vague words before the hearing.

We did NOT meet with Teresa after the meeting for one very simple reason. In none of the communications my husband received from Teresa or Cyril nor in any communication that I received from Dale Churchill did any one of the three answer the question repeatedly asked: What do you want?

I have trust issues with people who can't--or won't--answer the question, "What do you want?" when it seems pretty obvious that they do want something.