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To: GARY P GROBBEL who wrote (99599)	9/9/2010 12:57:05 PM
From: GARY P GROBBEL	Read Replies (1) \| Respond to of 120415

BHWX--out this morn early--$.31 up .05 growing vol finance.yahoo.com Dun Glen Gold Content Analysis Shows Increases Up to 200%

To: GARY P GROBBEL who wrote (99599)	9/9/2010 3:15:19 PM
From: Walker Dave	Respond to of 120415

Action is very telling on AUGT Gary. I continue to think your assessment is spot on with respect to the longer term upside for the shares. Assuming the company is not acquired before then, I think VHC represents a perfect template for what could easily happen to AUGT shares at some point. As you know, it traded at $1.50 in the last 52 weeks and hit $10 yesterday with a single validation of their patents. Ironically, Augme's actual core business and growth trajectory far outpaces VHC's even still. VHC was fortunate to have settled with Microsoft where Augme is still in litigation with both AOL and Yahoo. I expect the list of infringers extends far beyond just those two and the collective damages could range well intot the billions. I think in time it may be proven that Augme's patents are completely foundational to the fundamental process of monetizing online and mobile advertising. This commentary on their recent shareholder meeting appeared on another board today and I thought you'd like to read it. I just received an update from a friend who actually attended the meeting. Here are some of his comments... Shelly Meyers Introduction of board Statement that she has taken not a single penny out of the company since joining it, stated she and her family have invested personally. She stated with all the traveling she has done on the company's behalf and even with all the out of pocket associated expenses, she has not once even submitted a single expense report for reimbursement. Talked about how the board is charged with a high level of stewardship as to the best value to bring to shareholders considering the dual track of the companies IP strategy and litigation settlement options coupled with the fast track of the company’s revenue growth. She cited the strong results on the sales side and its new contribution to the enterprise value of Augme. The board continues to be tasked with making proper assessment of the value of the company and believes it is now fully justified in expecting higher potential valuation. Paul Arena Introduction of the management team Reiterating the revenue picture. Citing the list of Fortune 500 clientele. Periodically had Anthony Iacovone step up and elaborate on the mobile business and space. I don't know if someone asked a question or how it came up but he said there was a brief comment of the new patent and its importance to the rendering technology. It’s value to the sales process making AUGT the only “agnostic” player in the space, ie. They can format a web page to render to any device now and in future due to the properties of the patent. It’s value ties well into the patents being defended against AOL and Yahoo. Litigation discussion was very limited, nothing specific, could not discuss. Did briefly speak about Don Stout but not at any length. My friend made a comment that I thought worth mentioning. He said after meeting everyone involved, "it looks like they have assembled an incredible acquisition management team .” I'd really never thought about it that way. He said it was one of the best shareholder meetings he'd ever attended and that he'd attended many. Was going to be adding to his own position as well as client positions. Said he felt like this company had the potential to be one of the best investments he'd ever been involved with. If anyone else attended, please feel free to add or comment. I really wish I'd been able to attend in person. Remember these are my friends notes and not exact transcript of any participants comments.