Digitcom's Expenditures
I feel that the management at Digitcom has great expectations for their (and our) company. They're on the right track and they know many things that we don't. (yet)
Here's a recap of where they've been spending their money:
Licensed Voxware's technology - technologynj.org
Installation of an Oracle database suite on a Sun Solaris server -
Message 5447521
Licensed Natural MicroSystem's Fusion 2.0 platform -
ipxstream.com
Moved into a nice new office -
members.icanect.net
Jimmy's racking up the frequent flier miles -
Contracts or MOU's in Australia, United Arab Emirates, Russia, Indonesia, Egypt, and more.
Visits to two expos.
CT Expo, New York, Sept. 23-25
ctexpo.com
Natural MicroSystems Alliance Partner Conference, San Francisco, Oct. 5-8
nmss.com
In my opinion, DGIV is headed in the right direction. Testing of the system is complete in Russia, and is soon to be complete in Indonesia. Commercial service will begin soon. Exposure from the conferences will help. SEC forms will be filed eventually. Also, companies don't just install great accounting servers to take up space in the office. Germany's $25 million should come into play soon. And, word from Egypt will be on the way. - remember, the Russian contract began with a MOU also.
I look at the current share price and laugh. There's now way that this company is worth 1/3 less today than last week. Everytime we've had a huge drop like this, we've rebounded very well.
Dan
-- looking forward to updates from the CT Expo (wish I could be there) |
