OTCPK:DRWIQ - Post by User
Post by
VictorKonstanon Apr 27, 2000 7:55pm
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Post# 1849350
Frustrated, but Patient?
Frustrated, but Patient?Haven't posted in awhile. Too busy watching all those gains disappear over the last few weeks. I've been reading the recent posts, and I have to also mention that the frustration level is at a peak these days. You're right that there has been no promotional initiative shown by the company, and no news concerning its' soon to be released web based content delivery system. But IMO Mr. McInnes believes that the true shareholder will stick with the company and wait for the bottom line to tell the tale. However it is time for an announcement. We as shareholders deserve some information. It is time to put all rumours and innuendos to rest. Let's have some facts.
Also I've put some thought into possible future scenerios. Initially I thought that with the release of the less than stellar 4th quarter results that they would have pursued a very lucrative PP with a major brokerage house or with Drake themselves, but the more I thought about it and the more the stock price dropped, I suddenly came to the conclusion IMO that they will not arrange a PP with anyone. Mr. McInnes does not want to dilute shareholder value, by issuing more shares or warrants. So how are they going to raise some capital? Simple... sign some major contracts or form some strategic alliances with some money upfront. Now who would be in the best position to purchase their new corporate education and training technology?? Simple...Drake Int. But is Drake ready to implement this type of computer based training in all those countries in which they operate?? I hope so. Drake must have big plans for this company. Will they will use DiscoverWare to bring their corporate training into the 21st century? Can Drake quickly adapt their organization to this type of training? Time will tell.
Any comments?