Guys
Check this. its seems phorm are shitting it.
Posted here.
http://www.advfn.com/cmn/fbb/thread....3044&from=1387
Phorm - 18 Apr'08 - 12:09 - 1362 of 1396
Hello, This is Lynne Millar, CFO of Phorm. For some time now, there has been
a great deal of misinformation about the system which we are rolling out
with the UK’s three largest ISPs and what it actually does. That's not
surprising, because it is a complicated system. In an effort to engage with
those who have privacy concerns in particular, we have taken a number of
steps to correct any misinformation and better explain how the system works.
However, we have not to date engaged with the investment community on
bulletin boards such as this one. We will now begin to do so in the interest
of presenting a fair and accurate picture of where we stand. We will not be
introducing new information, simply correcting misperceptions by calling
attention to easily verifiable facts already in the public domain.
Here are the three main areas of misunderstanding:
1) Our three ISP partners have strongly reassured us that they are in
no way reconsidering their decision to deploy or are in any way reducing
their level of commitment to the project
2) All advertisers, agencies and UK publishers that we have a dialogue
with retain a strong interest in our project and eagerly await launch
3) We have taken substantial legal advice and are confident that we
satisfy all legal requirements that could threaten any aspect of our
business model, whether relating to the way the technology works or the way
in which it is deployed.
I will periodically be addressing questions as time permits but
members of our team will be stepping in as necessary to correct glaring
errors of fact.
We are more excited than ever about our project. We are convinced that
over the coming weeks and months, its full significance to the online
advertising industry will be understood in the wider market and the press
and our need for outreach in forums such as this will diminish.
Regards,
Lynne Millar, CFO
http://www.phorm.com/about/exec_millar.php