Hi Keith,
Just got off the phone with Jim Graham. As usual, he couldn't mention
specific information that wasn't public yet, but I got the feeling
that it wouldn't be too long before we all have some idea of what's
been happening behind the scenes.
Enviromation is progressing well (dotting the i's and crossing the t's)
and should be announced shortly. The roadshow is coming up and there
are a few pieces of news which should be announced first. As other
posters have mentioned, I'd expect the name change to be announced
first from a confusion point of view. They are doing some final checks
to ensure that the name they've chosen isn't already being used by
someone else.
Medsite doesn't provide additional information to Jordex, so Jim really
didn't have any additional info on that front. I believe he said that
we know as much as they do.
He seemed really positive regarding Bizfon and Horizon. He kind of
likened them to the initial news from Medsite. The market didn't
react right away, instead it reacted more as Medsite itself released
a stream of news. I'd expect the same from Bizfon and Horizon. When
either of these companies start to release a stream of news regarding
new contracts, customers, etc., that's when I think the market will
take more notice.
When queried, he also mentioned that they are always on the lookout
for new partnerships to increase deal flow, especially if a new
partner were to have expertise in an area that would fit in nicely
with their plans.
Conclusions that I've drawn from the conversation:
- things are progressing nicely for the company....(ie. they continue to
"line up their ducks")
- roadshow is coming and news will be released first. In the very least I
expect a name change and Enviromation closing. I hope that they have an
additional deal to announce that will get the market all excited to go along
with the name change.
- they are out to really grow this company based on fundamentals and not out
for a quick buck with a pump and dump.
- if we want better liquidity on the stock, we'd better convince K.M. to
begin buying back in. :)
Have a good weekend everyone,
Rob |
