Sean and John joined the meeting. Sean had a request from Steve to get some code for copying and uploading vendors. I looked around and grabbed a few files. I sent them to Steve via email. John then has some questions on state tax withholdings and calculations. After that, Eric joined and we talked briefly about USAePay (merchant processing) and how we can enable and allow for both true EMV chip reading (full card present retail) and manual or swipe entry for ecommerce and online bill pay. Eric is going to look into that a little bit more. We can do it currently, but we have to have two separate accounts setup with USAePay and then point one internal (EMV chip) and the other one, point it outside for ecommerce and online bill pay actions.

After that, Eric was asking how things are looking in the funding and cash flow area. We spent a good 20-30 minutes going over accounts payable, accounts receivables, banks, plans, and light business training (what controls what and how things flow). Anyways, Eric, John, and Sean were able to ask some questions and put in their two cents. We are open to suggestions. If you look at it in plain numbers, it doesn't look that bad. We are owed more than we owe out. The big problem right now is cash flow. The monies owed to us and trickling in (coming in slow) but the monies going out are still flowing fast and heavy. It creates a squeeze.

As part of our talks, we went over our plans, and I reported on each segment of our triple play and how that is going. Some of that takes time for us to see results. The triple play, in a nutshell, is 1 - a current price increase of 25% across the board, 2 - All new sales and systems will reflect the new prices and we are trying to get enough to cover our real costs to setup new accounts, and 3 - We do have to trim where we can (costs, people, projects, and extras). Not very fun but trying to be honest and open with the guys as they ask questions. Hopefully it helps.