ALSO THE SHORT SELLING SUMMER PRESSURE IS JUST ABOUT OVER GREEN GREEN FALL INTO WINTER..

IVOC, PRIM ETC ETC THE PLAY'S OF LAST FALL GOT HAMMERED THIS SUMMER. BUY THE WEAKNESS THE SUMMER CREATED SELL INTO THE FALL RALLY....

By: bigcue1
19 Aug 2004, 12:48 AM EDT
Msg. 22359 of 22362
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Invest - CORRECTED POST -Looking back on Tom's letter of 22 June, he said, in regard to Target, "As the network settles into place we will see increased revenues later this summer". In his PR of 5 May, regarding the new servers activated in MAY, Tom said "The server will be able to process approximately 40 million minutes of traffic per month". In his previous PR (22 April) Tom said that "...our month's revenue equaled approximately $86,300 with over 6,700,000 minutes of traffic".

The figures for July 2004 show that 6,267,150 billed minutes, at .011 cents per minute, produced revenue of $69,378.00. The aforementioned 40 million minutes per month, at .011 cents per minute,would produce revenue of $440,000 per month. Not bad, not bad at all.

Dear Valued Shareholders,

I want to write a short letter with some information and a promise of a more detailed letter soon, once everything is in place. We stand at the most important crossroads in our company’s history. We face the challenges of a significant transition but have great hope that the structural changes we are enacting will serve as a springboard to larger revenues, more consistent capital investments and, as always, far greater shareholder value.

I will update you soon on Busboy and its progress in fulfilling its contractual obligations and I will share with you the new sales channel that recently opened up. I will bring all up to speed with regards to Target. After a slight lull in June and July—caused by capital constraints--August looks to be our best month this year, with amazing projected gross revenues for the fall. In fact, Sunday August 8th was our biggest revenue day this year with sales of $5,124.82.

We are looking to outstrip our fiscal projections and end this year with a bang! We have incredible news that we will put out once the capital structure reorganization is finished. We have had to make some hard decisions, but I know that everything we have done and that we will do is the best for our company and for its committed and patient shareholders.

I will give greater details and more information in my next letter.

Sincerely,

time will tell

i like the technical bottom at .0004 see it on the chart above. prim looks to be doing something like the IVOC ride in the next few weeks. a high around .002's would show so sweet gains.

1.2bil os seems kind of low for a r/s but there is a tone to his letter so there is our risk.

allway's keep a itchy trigger finger on that sell button.

wave

Good thing I sold out most all at 0008 so I'm not burnt. I hope everyone else got out ok

I had to call etrade and make them sell my last 3333 shares @ .052(luckily)