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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

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To: J. Stone who wrote (7101)5/17/1998
From: ThirdEye  Read Replies (3) of 10903
 
ALL: I'm a former investor in TPII-out long ago. But my interest has been rising again lately. Given TPI's past history, I want to be careful. After an admittedly somewhat cursory review of the thread, I am getting the impression that you all think one of the reasons the BMR deal has not materialized is because the BMR tool is not ready.
My source indicates otherwise.

They have completed two betas in Puerto Rico. One was chosen specifically for its difficulty. Another was more ruotine. They are about to begin a couple of beta tests in Texas starting next week. As soon as they are done( retunred to production and fully tested) to satisfaction, BMR software will become a commercially viable product-and not too expensive either.

Once that happens, if TPII doesn't have a license with BMR, the window of opportunity for TP will be closing. Anyone will be able to buy it-including anyone from Canada. That's why TPII better get on the stick. The best they have now is an agreement with BMR that they will move toward an agreement.

As Jeff Mitchell posted, BMR wants TPII to produce a beta customer before entering into any agreement. TPII has not produced any customer so far. My contact says that IF they were to license with TPII, TPII would have no trouble selling LOTS of this product in Canada simply because it's Y2K "insurance" for anyone dealing with the Y2K fix. It's not a perfect tool. There ain't one. It works differently from most Y2K tools.

Anyway, the reason TPII has not produced a beta customer is because they aren't looking in Canada. They are looking in the US. Why? Because they want a recognizable name that will mean something to US investors and their potential market. Now does that strike anyone as being just the tenniest bit grandiose? A tiny Canadian company wants an American household name to be the guinea pig for a tool designed by a guy who in some US programming circles is still considered a kook?

TPII seems to want BMR to agree to something before they produce their end. Stalemate? Maybe. Maybe not. They could come up with a customer any time. But the longer they take, the LESS likely there will be a deal.

Does BMR need TPII at all? Believe me, if they did at one time, they don't now. They have contact with a number of other possible distributors, no one will get any exclusive license(though TPI could get one for Canada only), and-Ta Da-BMR now is fully funded from private sources.

TPI seems finally to have some revenue coming in, and the price may rises for that reason alone. But to think they are about to strike the mother lode may be way off base.


A good weekend to all.
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