Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: N. Dixon who wrote (7970)	6/20/2001 11:50:34 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 10293

At one point I asked for a simple "yes" or "no" and you wouldn't give it to me. What am I supposed to think of that? Anyway, to summarize the apparent terms, you lose the bet if: REFR reports no royalty revenue prior to or in Q2 2002. or REFR fails to report a profit (net, none of this "pro forma" garbage) in Q1, Q2, Q3 AND Q4 2002 or REFR fails to report a profit in Q1, Q2, Q3 OR Q4 2003 If none of these occur, you win. If those are the terms, I will personally lay you these odds. $100 cash from me, versus one 12-pack case of Pepsi One from you. (I'm borrowing this idea.) That comes to roughly 10:1 odds after you figure in shipping charges. As I stated earlier, my short-selling money is tied up in other matters so this is the only way I have to get action on this right now. And from my point of view, being witness to the incredible story of a company finally achieving success after 35 long years of non-success would be well worth $100 admission price. So how about it? Surely you can't expect Bill to accept your challenge if you won't accept the reverse challenge from me.

To: N. Dixon who wrote (7970)	6/21/2001 12:42:27 AM
From: Ben Wa	Read Replies (1) \| Respond to of 10293

will "earnings" be ebitda, ebtda, ebba, dabba, doo? what one person calls profitability might not be what somebody else calls it.

To: N. Dixon who wrote (7970)	6/19/2002 7:29:26 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 10293

You lose. the Company expects to earn royalties from sales of licensed products (payable under license agreements within 45 days after the end of the quarter in which sales of licensed products occur) early next year [SEC filings will verify any ROYALTIES received from SALES OF LICENSED PRODUCTS "early next year" would be Q 1 or Q2], achieve its first quarterly profit next year [Either Q1, Q2, Q3 or Q4 SEC filings will show that they made more money than they spent], and achieve its first full-year of profit in 2003 [RFI will make a profit every quarter of 2003 or RFI will not have one quarter in 2003 where they don't make a profit], but possibly in 2002. Thereafter profits are expected to escalate rapidly." If this doesn't happen, Bill wins, I lose.