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Non-Tech : Bill Wexler's Dog Pound
REFR 1.730+10.2%Nov 11 3:57 PM EST

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To: N. Dixon who wrote (7970)6/20/2001 11:50:34 PM
From: Kevin Podsiadlik  Read Replies (1) of 10293
 
At one point I asked for a simple "yes" or "no" and you wouldn't give it to me. What am I supposed to think of that?

Anyway, to summarize the apparent terms, you lose the bet if:

REFR reports no royalty revenue prior to or in Q2 2002.

or

REFR fails to report a profit (net, none of this "pro forma" garbage) in Q1, Q2, Q3 AND Q4 2002

or

REFR fails to report a profit in Q1, Q2, Q3 OR Q4 2003

If none of these occur, you win.

If those are the terms, I will personally lay you these odds. $100 cash from me, versus one 12-pack case of Pepsi One from you. (I'm borrowing this idea.) That comes to roughly 10:1 odds after you figure in shipping charges. As I stated earlier, my short-selling money is tied up in other matters so this is the only way I have to get action on this right now. And from my point of view, being witness to the incredible story of a company finally achieving success after 35 long years of non-success would be well worth $100 admission price.

So how about it? Surely you can't expect Bill to accept your challenge if you won't accept the reverse challenge from me.
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