1. " The common stock and warrants to purchase common stock have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States without a registration statement or exemption from registration. The Company is not filing a registration statement on the securities."

I believe above statement is very important for shareholder to realize that one insider of the company believes on his investment and buying the shares of his own company.

according to rule 144 insider information there is strict guidelines ,he can not sell what just he bought.Because those shares are unregistered he can not sell to general public or to the street.He can only sell certain percentage of daily volume in allocated timing to SELECTED ACCREDITED INVESTORS.In otherwords he is locked up!. Does he think we are in the cusp of settlement (my own answer is yes).

2." The Company expects to use the proceeds from this financing to continue development of the next generation of its proprietary eVU™ entertainment system, "

I also believe there is potential in non-aviation customers like US train operators, health related industry, cruiseliners,car lease and etc.If our next generation eVU integrate with some of the following connectivities like phone,ipod audio, ipod touch,USB drive,text messaging,GPRS,broad band internet access,wireless enabled or combination of cached and live news .,then eVU has very good chance to become one of the better hand held ife with better fexibility and cost effective in this global financial insecurity market.

JMHO