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Re: One of Ten ...

By: Rakitno in IDCC | Recommend this post (0)
Sat, 31 Mar 12 9:28 PM | 270 view(s)
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Msg. 44801 of 48237
(This msg. is a reply to 44800 by bim24)

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Bim, take some solace in the fact that management has not sold shares in a long time and Bill, Terry and, surprisingly, Janet, actually acquired shares using their own funds. This sale and/or relationship was to take some time, upwards of six months as mentioned by Ron Shuttleworth ... I though would like this to happen sooner. And it really should. The clock realistically started ticking on this venture once the first visitors entered the brain room during the SA, heck it should have been on the table even before that. Furthermore, Management has not contracted anything of material significance in over two years (the large prepayments in August 2009 is what I can think of if you can even consider that) ... All in all, management has to produce something very soon otherwise their effectiveness with regards to execution, is bordering abject failure. Simply stated, Ericsson not having a 3G contract, yet (!), no revenues from all those Motorola Razrs sold years ago never hitting the bottom line and most recently the secrecy (which I think management is wrong about) regarding the Apple contract is what's eroding at my patience, after all these years.




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The above is a reply to the following message:
Re: One of Ten ...
By: bim24
in IDCC
Sat, 31 Mar 12 8:12 PM
Msg. 44800 of 48237

i am still here and don't trade it.

but my patience is waning with this lack of progress and i'm not so sure what i will do with an adverse cafc.


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