LiveWorld (LVWD)

[hweb2]

Yep pretty ugly. I just emailed the CFO and will post if I get a response. Trying to figure out what their strategy is. Seems like for the last 2 years they were investing in growth. While sacrificing short-term profitability. And then today they report a 20% revenue decline. So what the heck were all those investments for? And they didn't cut back on expenses in Q1 despite the lower revenues. This company doesn't seem to have a clue. Wal-Mart loves the ROI they get with Liveworld on their social media...you can't buy that kind of press...and they're still stumbling along. Wish we could get a new management team in there. Then the CEO would have more time to write his books!