Saturday, March 31, 2007

Back in Business

Covalent Technology is back in business. My goal is to turn this company around – solve the financial crisis that has long haunted my Excel spread sheet – before the end of this year, before I move on to another venture.

Our Covalentia Community Portal is back, newly hosted at VPSLand.com. Like I mentioned previously, the price that they’re charging is relatively cheap and they provide excellent support and fast response. I’d recommend this company to anyone who wants to try out Virtual Private Server. But if you just need a simple ASP.NET hosting, well, you can come to us. It’s not FREE, but it’s so cheap that it becomes negligible or relatively FREE ;) Contact us at support@covalentia.net (we have a new e-mail now, it's no longer support@covalent-tech.com).

On the MOCCIS Trading project, I managed to sort all the problems out. In fact, I’ve learned a lot about IBM DB2 and I might consider putting it in the next release of Covalentia. NOT!

And finally, my Enterprise Innovation Fund (EIF) from the Ministry of Science, Technology & Innovative Malaysia, has been approved. It took them 5 months to evaluate and I don’t know how long they’ll take to disburse the money. 6 months perhaps? I asked for RM 250K (~USD 71K) but the total amount approved is only RM 177,020.00 (~USD 50K). I’m not sure how they came up with that figure, on what basis etc. But why not just round it to, say, RM 177K or 178K? Oh well, in any event, I’m just glad and I hope that the fund WILL be disbursed. This money will be used to buy me a lot of lunches and dinners that I’ve skipped. And the rest will be used to further develop FREE Covalentia. I’d say, may be, 10% of the total amount. Hmm that should be more than enough eh?

Oh, and if you guys would like to donate, to add up to this amount (help me fill my belly with food and more food), DO NOT hesitate :)