DealsAs a disclaimer, all of this following is my personal opinion. Please correct me/educate me if I'm out to lunch (good chance of it haha)
1) Current Deals: As I believe GolfGolfGolf had mentinoed, a cancelled deal would be considered a "material change" and as a result the company would be obligated to provide a media release outlining the cancelled deal. This is evident in the P.OS deal. As such, Chinney (is it chunny? lol) Macs, Mexico deals, Indian deals...all of it is still a "go."
2) Data: If im not mistaken, isign entered into an agreement with an indian reseller for a larger sum than the $50,000 which was paid to Isign. I could be wrong but I to seem to remember Isign speaking about possible revaluation of data after the initial payment for part of the data which made to isign. It seems to reason that isign could have stopped the remainder of the data sale as well as other data sales in order to get a better data/dollar value. I personally believe that is why the P.OS deal fell through. Alex realized the potential and future value of the company, however P.OS wanted more of the market share as a result, the deal fell through. isign has also come up with their own chameleon software to keep most, if not all of the data distrubution, collection and metrics "in house" without involving other agencies thereby creating an "all in one solution." I wouldn't be surprized if Silicon valley is Alex' initiative to establish the true value of our data/metric gatherin (and of course other deals).
3) Big Picture: I'm not going to lie, I'm as frustrated as any of your posting on this board but, slowly but surely, isign seems to be progressing. More deals keep coming up, more distribution lines/resellers are interested and purchasing the antennas upfront. In my opinion there is much more interest and willingess to try our technology (which has drastically improved) over the last few years. I have a feeling that Alex is trying to have everything ready at once......seems like when one deal is announced, many will follow one after another.
4) Debt: As many of you have mentioned, this is a start up company; we still have a negative cashflow. One thing I would like to point out is, despite isign having yet to be breakeven or surplus, we have cut our debt for the past few consecutive years - year over year. It appears to me (I'm not an accountant haha) that our company is slowly cutting it's costs and continually progressing to becoming self sufficient, which if I'm not mistaken was recently stated/suggested in a recent press release. It may be a long road, but it truly seems like slow and steady wins the race. It doesn't appear to me as though isign has taken any significant steps backward- just slow and methodical ones forward.
Please comment and discuss.
Looking forward to it,
Silver