Merger Conference Call Today
posted on
Nov 04, 2013 08:35PM
Don't know if you guys listened in but fairly positive outlook.
1) one billion dollar company in five years
2) PAMT evaluated going it alone but determined the financing to achieve their goals was less attractive then using Turtle's built out and in place infrastructure.
3) Turtle has new head phones for nex XBox but new Xbox does not support the head phones so there will be a delay until Q1 due to compatability (Christmas ouch!)
4) PAMT expects to be in healthcare market in 2015
5) tons of patents pending but also some new ideas for the technology surfacing and being discussed
6) expected to merge by year- end but need SEC approval
7) a number of things about Turtle's new generation of non- gaming head phones but the market is so competitive, not expecting much other than making a presence here.
8) on November 1, filed with the FDA for their hearing aids
9) they may acquire other companies to achieve their one billion dollar goal
10) Turtle is set for the new PlayStation with no capatability issues
There is more but I did not write things down because I was working.
LO