>>>>Lets assume it will cost CCEE $10 million more than it has,
>>>>and more than the first stage payment BT would pay for CCEE
>>>>to start the first phase of the assumed BT contract.
Gary your WHOLE house of cards is built on too many *assumptions*.
First you assume that sale of a software/intellectual property solution (which by the way, was *assumably* worthy of a patient, and has been being developed for over a decade), is somehow akin to the sale of a manufactured product with the high costs of production of *each* additional unit.
I will not attack the *assumption* of the BT contract, which everyone except me is comfortable in making, even in view of "IBM" etc. I will just for the record insist that you all keep in mind that I accept it only arguendo.
But Gary, even accepting it for the sake of the discussion, and Gary, even in view of the deficiency pointed out in your costs of production argument, WHY Gary, have you ignored the point that both George (Auntie Faith is guardedly on hold) and I suggested last night?
I know from experience that when a company like BT wants to deal with a small company that has a worthwhile product/service, that big company can and often will empower the smaller one. That is especially the case where they can eliminate the need for financing or the security by contracting for the delivery of the technology secured by the proviso that if you don't deliver it we get it anyway. That is no different than but eliminates the security interest, as well as the financing costs demanded by the financiers you mention. Moreover Gary, BT is even more secure than they would be if some unknown financier holds a security interest in a technology that BT needs. With one big exception.
That exception which nobody would touch when I first brought it up months ago is this:That patent ownership and the intellectual property it represents is a big unknown. This latest filing suggests that Dan Sr. and Pellecano may still own it and thereby hold another implement of rape for use on the shareholders, down the road. Or it may be vulnerable as I believe SOFTWORKS is vulnerable to being whicked away in a BR proceeding. And, Bankruptcy is the one thing that we also know this company knows how to do, and do stragely well. see CCEL. |
