Tranzeo Wireless Technologies Inc TZWLF

RE: More Food For Thought, eh?

[AmericanInv]

Just to quickly comment on your points

a)  I think the main problem is that its a technology stock that hasn't been able to live up to its expectations, and people are skeptical until they see profits.  Hopefully this quarter will change that, although you never know with these guys.  Tocher owns quite a hefty portion of the company, so I would think he would personally make sure that people aren't abusing company funds (especially in these times of such large cash needs).  Also, he is independently quite wealthy, so I don't imagine he's in it to steal nominal amounts, I imagine he wants the company to succeed and have his large position increase in value.

b)  I don't know that I would say that there technology is only worth 17-20 million dollars, thats just how they booked it as a result of the transaction.  To be honest, the purchase price allocation should probably have been divided between other intangibles such as brand name, customer relationships, and goodwill.  At any rate, I wouldn't use that transaction as an indication of the value of the technology, as they were also likely a special interested purchaser, also the vendor was likely compulsed to sell.

c) Maybe, but who would they license the technology too?  A competitor?  I don't think so.

d) Yes, we are all wondering what happened to all these promises Jim has made.  Probably part of the reason this company is trading in the
.65-
.75 range instead of above $1.

Hopefully this is in fact stock price manipulation, as that would mean that the stock will come back up eventually.  I think now all we can do is just wait and hope for the best.

AmericanInv