RE: RE: missed the call, updates??Ondariis stated, “These are highlights. Seemed very positive in my opinon, no sense of any badnews or digressing from plan. Quite the opposite, alot of 'gravy' business and items which stood out as above status quo, meaning greater than expected deliverance…
Response: One will in part concur with you initial assessment, Ondariis – don’t fall off your chair, now. LOL
Ondariis went on to state, “Within their report it mentioned $10M equity fund raise. This was clarified to be $10M debt fund raise, which would supercede current $3.5M A/R based credit facility, of which only $350K has been utilized. They are attempting to close this within 30 days, by end of month.
GREAT NEWS: Debt financing vs equity financing = no shareholder dilution.
Response: Yes; one was certainly pleased with that little tidbit of news.
After all, one had been the only poster to mention such a potential (indeed, such a need) here at the TZT bulletin board.
We now know that at the very least $10,000,000.00 Million Dollars worth of the declared 46 Million Dollars in backlogged equipment contracts are indeed “bankable” at this point.
Furthermore, the potential for several key wins globally, as pertain to oil industry and “smart electrical grid” communications technologies should not (IMO) be underestimated.
And the 500,000 points of presence reference which the CEO stated, as relating to a “potentially very large contract win within China, may very well be something directly related to the “smart grid electrical supply infrastructures “spending” which Chinese government representatives will continue to aggressively invest.
After all, ramped up and sustainable domestic demand would be a must for China’s economic aspirations and expectations going forward.
By the way, should one be required to hazard a guess, one could expect that any Canadian based rollouts of the combined WiMax/LTE 802.16d product during Q4 2010 or Q1 2011 could have something to do with a certain Canadian “new entrant that would like to (as would be expected) be the first to differentiate its provisioning of 4G enabled backhaul network systems technologies from the current 3G based incumbents.
Yes; this present stage has Aperto written all over it; and one wouldn’t be surprised to witness the Aperto “stakeholder” or “stakeholders” (perhaps a certain private investment fund operator and his fiscal supporters) seek out and attain the further fiscal support and backing of a certain Canadian Private Equity and governmentally supported Venture capital fund player (you may want to, i.e. should you deem it necessary at this stage – provide some color as to this particular point, 403xyz1).
Hmm; perhaps Aperto stakeholders would be looking to secure much more than 25%, so as to in turn “broker” a deal for whatever other amount of Tranzeo’s equity which could be secured for or on behalf of a certain Canadian based and governmentally supported private equity/venture capital fund’s “stakeholders.”
Finally, the reference to and discussion pertaining to the specific support which Export Development Canada representatives are more than willing to provide for Tranzeo Wireless Technologies Inc business endeavors abroad is also (IMO) an aspect of Canadian governmental support which should not be overlooked – it’s a confidence builder to know that EDC is willing to front monies for and insure awarded contracts issued by purchasers of Tranzeo Wireless Technologies Inc/Aperto products.
In closing, one would most definitely suggest that you seek to be well and prosper.
Sherbet2