I went to college with...
posted on
Nov 14, 2008 09:21AM
Karen and Richard Carpenter @ CSULB.
Remember the words..."wev'e only just begun to live, white lace and promisses" GOD rest this lovely persons soul.
OK, many expected 5, 10, 20 mln or more and we did not get it.
As we all felt, eVU sales would slump do to the airline industry problems and the economy in general...$200,000?? Ouch...
The good news, with a burn rate of $225K, the validation of patent(s)/IP, with our 1st settlement, we have only just begun.
A one time fee gives our little edigy some operation capital, and to me, the cross licensing we hopefully end up with from ALL of the infringers will take us into new markets. I also see a day when the term IFE is obsolete, and it simply become PEP for portaple entertainment product, or anything similar. The point being, hospitals, cruise ships ETC!!!!
The sky is not falling, the big bad wolf is not beating the front door down, AS WE HAVE ONLY JUST BEGUN and don't anyone forget it you hear me? CAPISH?!