Holy Cow!!!
I go away for a weekend, and keep my nose to the grindstone for 10 days and y'all hang me! Can't blame you, though. I said I would respond more than I have. I'm certainly not guilty of hyping the stock.
I hope you've all seen the press releases of the last couple of days. Things are developing nicely on the business front, which is our main concern. Financings are complete, production is getting under control, and we're preparing to launch the product and the contest.
SNC Lavalin is in our offices starting on Monday to do their final diligence before they issue their report. If I'm allowed to, I'll post the report on the website for all to see. The final report is what we're waiting for so the insurance co. will go forward with the $5,000,000 policy.
In response to some of your comments, in no particular order:
-I don't feel obliged to tell the world if I'm going away for a weekend. However, I am going away again this weekend. My wife (Sandi) and two daughters (Kaleigh & Erin) are visiting Sandi's parents in Brandon, Manitoba. I miss them, so I'm flying out there for an overnight visit.
-There's been lots of talk about things other than JAWZ stock. I get the feeling that some internet dating might be going on behind the scenes. Huh, huh. Who's sending private emails?
-I also noticed that there's lots of talk about other stocks. Is this normal? Are certain folks trying to draw attention away from JAWZ?
-Joe Copia- sorry you haven't received package. I'll send again. Please call me to confirm address. Maybe I messed up.
-Juanita- why don't you leave me a voice mail? What would be my fake name and why aren't you wearing any shoes? Yes, it's been extremely busy around here. Yes, we are a fairly conservative lot here. We're not interested in hyping, but in building. If you sense anything from me is hype, please call me and give me heck.
-Mark Ox- go, McGwire, go! Go, Stevie Y, Go! Happy Birthday. I thought that "ack" belonged to Bill the Cat.
-Saltbox- I'm glad I'm forgiven. Hope your house is coming along well, you real estate tycoon. Are you really Donald Trump?
-Stoopid- (post #190) 1) insurance companies cover all kinds of crazy stuff. 2) lots. 3) we don't have "consolidated" balance sheets, we're a single entity, not a conglomerate or a "sub". 4) when the crazy insurance company is satisfied with the final reports from the engineering companies. With regard to your comments about us being primitive and your needing something other than hype - I promise not to send you anything by snail-mail and you're right, it is a nice story.
-Grant Movold- I share your sentiments about the OTC BB, it is a rather "subjective" set-up. It is also an inexpensive (relatively) and quick way to get a company public, and thereby, gain access to public funds. You've noticed that we've raised some money already. The goal of this company is to eventually graduate to the small cap board where the activity is more "objective".
-bbruin- I promise not to post ten times to embarrass you. You're the only person who calls consistently to get the skinny. My original intention in showing up was to invite people to contact me directly for info. I had hoped to be able to respond to all the posts, but there's no way I can keep up with the volume on this thread. As well, things on the business development front are more of a concern right now. This thread has only been open for a short while and already we can tell the difference between the "momentum" and the "value" investors. I think the price has fallen lately because of some short term profit taking by the people who have been in since $0.50. I'd protect my investments, too, by locking in some profits and letting the balance ride. The company isn't worried about the stock price right now, we're successfully raising money, tooling up for production and going forward on all fronts. More press releases soon. I hope to be able to golf as well as you someday.
-Saltbox- I owe you some answers on gov't regulations, export restrictions, etc. Let me confer with Jim and Mr. Kubbernus, get you the proper answers and post them.
-Tom Harper- good questions (post 149).
1) Robert Kubbernus is a successful private businessman with experience in establishing start-ups of his own, debt-financing, insurance and real estate. He has put the initial team together and has put up the private funding to run the company to this point. You can reach him at (888)301-JAWS. Cameron Chell has started and sold several successful private companies. He has a tremendous background in taking companies public and financing them. He is also Chairman of a high tech firm called FutureLink Distribution Corp. which recently traded millions of shares in the $3 to $4 range. Call the toll free and Suzanne will transfer you through to him. Both of these gentlemen are very aware of the fact that most high tech start ups never make the leap from R&D to S&M (that's Sales & Marketing)! Making that transition is the only goal. Jim Morrison is the wizzy dude that pounds out all the code for these products. He is young techie with several more products in the pipeline. I think he's rather brilliant, he even appreciates my Irish humor. If you have serious techie questions, call him.
2) Look up KTO on the TSE and you'll see that they made excellent use of the convertible debenture to the benefit of the shareholders and the company. Different types of financings are effective in different situations; debt or equity issues, private or public offerings, convertibles, options and warrants, they all have their place. I appreciate that your comments refer to the tendency of some firms to serve themselves at the cost of the shareholders. However, as far as certain types of financings are concerned, the company will use whatever means it deems necessary to forward to progress and value of the company for all the shareholders, including insiders and management (and Chris McNeill). Don't forget that your shares are free-trading, we're escrowed. If you have concerns, call Mr. Kubbernus.
3) I've seen preliminary copies of the report. As I mentioned earlier, I'll post it on the website if I'm allowed to.
4) The contest will be promoted through traditional media and the Internet. We will also be contacting with the financial community.
That's all for now folks. It's getting late. I've got pictures of my three beautiful women on the wall here and their telling me to get my rest so I play all weekend with them.
Hope you're all well. "BUY LOW, SELL HIGH." Mark McGwire has 9 taters already!!!
Regards,
Chris McNeill
Investor Relations
Jaws Technologies Inc.
(888)301-JAWS
cmcneill@futurelink.net
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