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Message: RE: IntellaSys Acquisitions - Union Jack/Others

RE: IntellaSys Acquisitions - Union Jack/Others

posted on May 08, 2006 09:22AM
Someone asked ``Where`d they get the money for these acquisitions?``. Umm, they got half the monies from MMP settlements (equal to PTSC). I`ve done no research, but I suspect these small companies were not financially healthy and were picked up for a song (well under $5M each).

``Will they go public so I can buy shares?``. Shouldn`t need to IF the MMP keeps paying off. Nice to know they have this additional incentive to get higher settlements to support their other endeavors (though they might go public at some point to get even more available financing for further expanding other endeavors).

``I guarente that their new aquisitions ON SPEC and INDIGITA may have been infringers (please correct me if Im wrong) who are their future customers??``. Well, I think you`re wrong. Note they are both ``fabless`` - meaning they don`t make chips. They appear to be software-only companies. No infringement.

``How else are they going to sustain a 100 person work force.[?]``. Again, they got how much money from MMP settlements? How much more is coming? Introducing products May 15; maybe selling product? Squeezed? Lay them off.

And Union Jack, your spelling and grammar was reasonably good, but based on content, IMO your credibility still suffers.

SGE

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