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Technology Stocks : LBAS - Location Based Technologies
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To: notimetowaste2 who wrote (109)4/4/2010 12:04:45 AM
From: locationboyRead Replies (1) of 152
 
well they received a million dollars for putting the web site together. So if it only cost them 20k to put it together, kudos on that deal. Do you have any idea how many containers already are now using this device and now paying monthly charges? No, you don't. But you assume it's very small. Obviously they were able to pay off the charges for ptcrb cert without funding. Then you say, no sales. Well that is very wrong. No distribution, well that is wrong again. Then you say no funding. Well we shall see wont we? And no great team for on-going development. Obviously they don't have you on board, but if you were able to read the Q, you would have read they are talking with 11 different entities in 11 different countries. Let me quote the 10Q.
" Distribution opportunities are expanding and we are carefully analyzing each market opportunity against potential growth, economic value, and support capability metrics. We are developing a business model for international market opportunities and are in discussions with distributors in at least eleven countries at this time. " But you have "true experience", as you were a big time venture capitalist at one point, now you are on this obscure message board relegated to responding to every one of my posts. Pretty much like my personal bitch.
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