**Response from Joe Lanza**
Jack,
You are on the wrong channel. Xecom's new management has, in less than a year, paid off $1,500,000 plus of debt created by old management. Now they are trying to keep costs down, by using excess equipment on the new 12 bases. In fact, Mr Casey thinks that the total cost of the 12 bases will be around $6 million or less.
Also keep in mind Jack, most of our overhead on cost of sales was once again created by former management. The end of August stops the trunking contracts that King & Ass. had committed us to. Now, lets see 4th quarter if the cost of sales doesn't fall. You are being hard on people who have busted their ass to save Xecom. If you want to take shots at me, so be it, but put the shot gun away.
Now for the fun part. Look at tcgi, then start comparing. Xecom is a a baby tcgi, maybe even a fertilized egg, of course this is my opinion. If Xecom was as bad as you and Perlow are implying, do you honestly believe we would have gotten $30,000,000? It is open ended with no stipulated limit, which means Xecom can build more bases and create more revenue. Which will alaw the stock to rise without pressure from the company selling stock to raise money.
Joe Lanza |
