Re: Between now and SHM...LL...
posted on
Jul 03, 2008 09:09AM
Why do keep making assumption that are contrary to the facts, and then pronounce conclusions that are unwarranted...
You said:
"It will be interesting to see how much ongoing revenue comes to us from IFE and what sort of a contribution it will make toward run rate. Clearly this part of the business is not going to grow in a way to create ongoing growth. I suspect that the "expectations" concerning airframe interest were not significant.
There is no basis for your assumtion that ""Clearly, this part of the business is not going to grow in a way to create ongoing growth"
The company has said otherwise. Why not wait and ask your questions of Blakely and Putnam at the Shareholder meeting, when they have said they will discuss further eVU business developments, a program to which they just loaned $750,000 of their own money?
See the following two paragarphs from the Shareholder Allert which clearly state that the $750,000 K loaned the company is to be used, in part for development costs of next generation of eVU.
The Company expects to use the proceeds from this financing to continue development of the next generation of its proprietary eVU™ entertainment system, fund intellectual property (IP) consulting to continue supporting the Company’s legal representatives in enforcing its Flash-R™ patent portfolio, for note and vendor payments, and general working capital.
Furthermore, the company clearly states that there will be further information released on its eVU business at the Shareholder meeting. (See, below).
"The Company also expects to release further information on its eVU business and IP monetization efforts."
Really; this sort of streching of facts to support your conclusions that all of EDIG eggs are in the DM basket is at best disingenious.
GLTA...
Gil...