I think it's probably a case of the ISP wanting to get it feet wet and 
prove itself. The'll do it right, get some press, and apply for a bigger 
project in another round.

On Thu, Jan 07, 2010 at 11:12:33PM -0500, Tom DeReggi wrote:
> 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
> >>
> >>
> >>
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> > -- 
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> 
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-- 
/*
Jason Philbrook   |   Midcoast Internet Solutions - Wireless and DSL
    KB1IOJ        |   Broadband Internet Access, Dialup, and Hosting 
 http://f64.nu/   |   for Midcoast Maine    http://www.midcoast.com/
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