Re: question for the board, looking for the most logical answer, let's see who has
posted on
May 11, 2007 07:42AM
At the shareholders meeting it was noted that last year their were 16,000 shareholders vs 23,000 this year. We have 7,000 new shareholders. IMO, that's were the shares of converted warrants are going. Also on Holocom, we only recieved 3 month of p&l. Large loss the 1st mo. about even 2nd mo. and slight profit 3rd mo. It was reported that they were profitable @ $250,000 to $300.000 gross/mo. Another interesting fact was that of the 485 companies put on notice, 52% were in Asia and 13% were in Europe. Leckrones group has 13 interpreters that speak Mandarin, Cantonese, Japanese and Korean. Also, while the patents end in 2015, if we win law suit, infringer is liable for the 6 years prior to 2006. All in all I was pleased with the meeting.