Yes, that is a very good point. BUT... He can use the profit from the deployed network to pay those auditing fees.
I'd be more concerned about the statement that service was for a community of 600 and he might need to build to serve everyone. $106k is a bit tight to cover 600 people. Tom DeReggi RapidDSL & Wireless, Inc IntAirNet- Fixed Wireless Broadband ----- Original Message ----- From: "Charles Wu" <[email protected]> To: "WISPA General List" <[email protected]> Sent: Thursday, January 07, 2010 7:33 PM Subject: Re: [WISPA] StarOS Operator gets Stimulus Funding >A precondition to accepting stimulus money is to submit to an annual 3rd >party CPA audit (which generally costs $10-15k / year) -- he's probably >going to lose money on the deal... > > Oops... > > -Charles > > -----Original Message----- > From: [email protected] [mailto:[email protected]] On > Behalf Of Travis Johnson > Sent: Thursday, January 07, 2010 8:36 AM > To: WISPA General List > Subject: Re: [WISPA] StarOS Operator gets Stimulus Funding > > Hi, > > I have to say I'm not impressed... $106,000 loan could have been gotten > with a leasing company, without all the government ties and restrictions. > > Travis > Microserv > > > Matt Larsen - Lists wrote: >> Aloha Broadband, a WISP in Hawaii that runs 100% StarOS, was one of the >> first 18 companies to receive broadband stimulus money. Looks like the >> total scope of the project was also a lot more reasonable than some of >> the other ones. >> >> http://www.google.com/hostednews/ap/article/ALeqM5jgqG0W8KNsbeVueTYPRDKYHqy8twD9CLQMJ02 >> >> >> Matt Larsen >> vistabeam.com >> >> >> >> -------------------------------------------------------------------------------- >> WISPA Wants You! Join today! >> http://signup.wispa.org/ >> -------------------------------------------------------------------------------- >> >> WISPA Wireless List: [email protected] >> >> Subscribe/Unsubscribe: >> http://lists.wispa.org/mailman/listinfo/wireless >> >> Archives: http://lists.wispa.org/pipermail/wireless/ >> >> > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > -------------------------------------------------------------------------------- > > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > -------------------------------------------------------------------------------- > > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > > > -- > Internal Virus Database is out-of-date. > Checked by AVG. > Version: 7.5.560 / Virus Database: 270.12.26/2116 - Release Date: > 5/15/2009 6:16 AM > -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
