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  10-K 12/31/08
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chicagofina...@yahoo.com  
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 More options Apr 3, 8:25 pm
From: chicagofina...@yahoo.com
Date: Fri, 3 Apr 2009 17:25:57 -0700 (PDT)
Local: Fri, Apr 3 2009 8:25 pm
Subject: 10-K 12/31/08
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Honestly, as I stated previously, just the act of these guys existing
at the end of 2009 will be a triumph.

That said, could these results possibly have been worse?  Seriously, I
guess the original and even the revised business strategies were
duds.  However, 2008 was essentially a complete waste.  No traction at
all and any prior standing was completely tossed away.

So the company was handed over to these knights in shining armor and
their $22M, but the burn rate is better than $1 1/3M a month.  That a
lot of NOT web-clicking.....

Well, in addition to these 3 caballeros with the chunks of change, you
managed to rope in the bank with effectively at the money warrants.
So you give them free upside for some capital, but really what is that
line worth when you burn through so much cash.

I have to hope somewhere among this bi-coastal mass of Crackberry/I-
Phone brains that someone actually has some ability to project a
saleable value prop.

What a waste!  Survive please......


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chicagofina...@yahoo.com  
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 More options May 14, 4:14 pm
From: chicagofina...@yahoo.com
Date: Thu, 14 May 2009 13:14:10 -0700 (PDT)
Local: Thurs, May 14 2009 4:14 pm
Subject: Re: 10-K 12/31/08
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I have to show due credit for consistency in operational results.

Too bad that consistency is maintaining a $1 1/3M burn rate per month.

Well, we know how you appear through 3/31/09.  We are half way to the
next report.  Only you know whether another $2M in burn has occurred.


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