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August 27, 2007

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nothing2it

Hmm, let me see if i understand. Jaxtr just raised 10M so they can continue to piss away money letting people call home 12K miles away? Isn't this kind of customer not only the first to abandon for something cheaper, but also the type NOT too keen on clicking on SMS ads? Something will ALWAYS be cheaper (including people looking for cheaper long distance).

I love what you guys are doing, and I'd rather have your 20 million profiles than Jaxtr's 10 million dollars any day of the week.

Why? Because your 20 million profiles will eventually yield serious opportunities and $, while their $10M is going. . .to get spent.

Nonetheless, this is good for your market. Just a little. . .humorous, I guess.

Congrats on the scoop!

simon

"The focus is international markets, with big usage in India, China, and Sri Lanka (the CEO himself said about 75% of their users are in these areas)"

I will be very surprised how many users in China going to Jaxtr when it is not in Chinese language.

Daniel

Business needs money to grow and thrive but their business plan is not always understood by traditional banking who is not keen on risk and has criteria that isn't generally conducive to building a better business.

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