I did some homework on Weisman. He is the chairman and CEO of...

I did some homework on Weisman. He is the chairman and CEO of Cardinal and today Cardinal made a announcement re a $10M line of credit as follows:

"BROOMFIELD, Colo., July 20 /PRNewswire-FirstCall/ -- Cardinal Communications, Inc. (OTC Bulletin Board: CDNC), a leading provider of voice, video and high-speed broadband communications services, today announced it has secured a $10 million credit line from California-based Jantaq, LLC.

Dave Weisman, chairman and CEO of Cardinal Communications, said, "We have been seeking opportunities to accelerate the growth of our bundled digital services provisioning business, and this new credit facility will allow us to capitalize on some important opportunities that exist within our market. We now have the ability to make strategic investments in new projects that will drive short-term revenue. More importantly, we also can pursue longer-term initiatives that we hope will drive significant revenue and enhance Cardinal's position as a leader in the deployment and provisioning of bundled voice, video, data and security services."

The interesting discovery is that Jantaq & weismann and his US mates took a placement on 3 March 2005, refer ASX Release which detailed the TOP 20 Shareholders, Jantaq LLC is listed as having 50M shares......Maybe this $10M is set to be used to take out EMT !!!!!!!