I'll be the devil...most recent balance sheet does not show that...did we just acquire money?
Look at quarterly balance sheet..w/c way out of wack....where is all this cash?
What am I missing?
I specifically asked Paul about current burn rate and options and timeline for additional financing. He replied we have several million in the bank and are in no immediate need for funding. Unlike a CC this was held in a profesional boardroom with about fifty in attendance. I would guess 50/50 employees/investors. Paul was extremely candid and stopped just short of saying what he really wanted to say, but it was abundantly clear that some very significant events will be announced within the next month and he most certainly had a strong ere of confidence surrounding him. He was a perfect gentleman, in fact he made his wayaround the table and introduced himself to all non-employees and after we adjourned and had a 20 minute or so chat, when I approached he welcomed me by name. My sense is that this man is a man of integrity truly with our best interests in mind. He did at one point allude to possibly seeling HipCricket and holding onto Augme to continue to defend it's patent rights and licensing activities, or did I misunderstand those comments. Mick
Mick, thanks for the report. Glad you had a positive impression of Paul, which is certainly consistent with my sense of him. The possible split up of HC and Augme has been hypothetically discussed on this board and I am fairly confident it has at least been discusssed within the executive offices as a possible option to increase shareholder value.
Wow...even if this thread is full of krap, it is fun to follow.
Absolutely no way a company CEO would say the stuff you guys claim he said today. Mark Cuban? Really.
Millions on hand but not enough to risk filing an injunction...but enough to blow $4 mil. on a dead company's patents that just happened to be owned by 2 members of the BOD.
All posted by anonymous posters who happen to go share a beer together in NYC. Yep. Good story. I really like the Ned Beatty part.
I hope you're telling the truth...but if it's all the same to you, I'll actually watch what the company does. Time.......will......tell.
But thanks for the entertainment. Very creative. Gotta hand it to you guys. Thanks. I mean it. LMAO.
I love the fact that you think I have more than one ID but the truth is, I have one and only one ID. I love the fact that you lay in bed at night thinking of me and the great sundevil multiple ID conspiracy. Too Dam(n) Funny!
P.S. Have you been to Roswell lately?
when I put your name tag on, I had a sudden urge to put a condom over my head!!!..... the bottom line is that they have many lines in the water as paul said. once things start breaking it will be a snowball effect. some things are contingent upon others. the 3 of us feel very very confident in our investments... and I would like to thank jason for paying for lunch. and for giving me his jeff hasen book. if I had known you were going to pay for lunch up front, I would have suggested the 4 seasons!!!:) :)