Sorry about the delay in replying. I have been in negotiations for financing a major corporate project, and it has been hectic.
Anyways.
My take on the NCA issue is very positive. One thing about investing in companies like this, is that many of the investors have ties to the communications and IT industries which makes them in a sense "Sector damaged". This basically means that while many of us can process news,press releases and web site presentations of companies like ILNK easily, the general public cannot.
The NCAs main objective is to increase this awareness. Now when I say the general public I am including leaders in the corporate sector. Many of the VoIP network strategy issues are lost on the uneducated, and therefore it becomes difficult to motivate why solutions are viable.
Educating the masses(Including the corporate sector) to what ILNK and many of their competitors do and how it can benefit them is a major step in making VoIP and VoIP network services mainstream.
Since many of us as investors are "Sector Damaged" in our ability to process and understand the information that is available today concerning VoIP products and services, we have a tendancy to jump the gun in expecting our investment to "fly". We understand it, the public and business sector doesn't. This means that as the NCA ramps up efforts to educate the masses, that our expectations and the publics expectations will begin to meet.
This means a higher share price based upon an awareness of the value of what ILNK has to offer. Be happy that you have gotten in at an early stage. Two years from now you will see an excellent return on your investment.
As far as Winter Harbor is concerned, all I can say is that ILNK only utilized a portion of their credit line, and a portion of the Red Cube money was used to pay off the credit used and to close the credit line.
Winter Harbors hooks unfortunately stem from the large amount of warrants outstanding that WH possesses. WH has the ability to convert many of these warrants in order to realize a profit. Of course one is left to ponder whether or not WH is looking for a index like return, or are they in for the long term and want big money. In either case the warrant issue is the single most detrimental argument to investing in ILNK. Fact are facts, and as long as the WH is unresolved, ILNK will have a hard time in expanding as access to capital is limited as well as corporate decisions being possibly hampered by the "Angel affect.
I personally thing the risk reward ratio warrants investing in ILNK. They are moving towards profitability in spite of the warrant issue. Dilution is not occuring at any rapid rate. The JNC issue is basically resolved, and Winter Harbor at least for now seems content in letting things continue the way management has planned.
We shall see. |
