Whoa ... like ... major weirdness, dudes and dudettes !!!
"The cost isn't cheap. Hite wants $500,000 each for the application manager, required for each mainframe using I/Nova, plus $75,000 per year per machine for maintenance. He also wants $2.5 million each for the DataCentric Analyzer, which assesses, analyzes and repairs all applications on a company's computer. On top of that, he wants 35 percent of whatever the company saves on maintaining its software."
2.5 million for the DataCentric Analyzer ... it darned well better assess, analyze, and repair all my applications. It also better take out the trash.
I thought this whole thing sounded wild before. Now I read that the software that is being marketed for 2.5 million was bought for "$20,000 cash plus as much as 12 million shares of Veronex stock".
Now, lets think about that for a while. Doesn't it seem that $20,000 is just a tiny drop in a rather large bucket? Maybe the $20,000 was just to provide some pocket change while Veronex did whatever was necessary to the product to make it market ready?
Geez ... this whole deal REALLY sounds fishy.
TED
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