Richard Rabins

And there is an implicit conflict of interest.

You get a valuation from a recognized valuation firm.

I forget the details, but yeah, something along those lines.

So we were able to buy the core business back and focus very much on the upcoming mobile market.

And the reason why mobile is interesting, it's a difficult problem.

Building business apps for mobile devices is a lot harder than building apps for regular devices because you don't have signal.

You've got a very small screen.

You don't have a keyboard.

You don't have a mouse.

And typically the operator of the app has lost the use of one hand because they're holding the phone in one hand.

So they've only got five fingers.

And so building apps for mobile is actually a lot harder.

And so now all of a sudden you get this sort of –

big issue that's arisen is... Yeah, Richard, you're in a hot space.

I can't give you the exact number, but, you know, we...

We got a fair price.

We bought it back.

And essentially what we were buying back was some core technology and the customer list.

And also we basically, the core developers who had gone with the original sale came back.

So in fact, we were restarting the party, so to speak.